SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)*
Coastcast Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
19057T10800
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(CUSIP Number)
Check the following box if a fee is being paid with this
statement [ ]. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of
five percent or less of such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject
to all other provisions of the Act (however, see the Notes).
(Continued in the following page(s))
Page 1 of 5 Pages
CUSIP No.19057T10800 Schedule 13G
Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON AND SS OR IRS IDENTIFICATION NO. OF
PERSON
James Grosfeld ###-##-####
Nancy Grosfeld ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan
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5. SOLE VOTING POWER
0
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6. SHARED VOTING POWER
850,800
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7. SOLE DISPOSITIVE POWER
0
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8. SHARED DISPOSITIVE POWER
850,800
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
850,800 (jointly held)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.10%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
SCHEDULE 13G
Page 3 of 5 Pages
ITEM 1(A). NAME OF ISSUER:
Coastcast Corporation (the "Company)
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
345 East Victoria Street
Ranco Dominguez, CA 90221
ITEM 2(A). NAME OF PERSON FILING:
James and Nancy Grosfeld
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE,
RESIDENCE:
James and Nancy Grosfeld
20500 Civic Center Drive
Suite 3000
Southfield, Michigan 48076
SCHEDULE 13G Page 4 of 5 Pages
ITEM 2(C). CITIZENSHIP:
See item 4 of cover pages
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER: 19057T10800
See cover page
ITEM 3. Not applicable
ITEM 4(A). AMOUNT BENEFICIALLY OWNED:
See item 9 of cover pages.
ITEM 4(B). PERCENT OF CLASS:
See item 11 of cover pages.
ITEM 4(C). NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote
See item 5 of cover pages.
(ii) shared power to vote or to direct the vote:
See item 6 of cover pages.
(iii) sole power to dispose or to direct the
disposition of
See item 7 of cover pages.
(iv) shared power to dispose or to direct the
disposition of
See item 8 of cover pages.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
See item 11 of cover pages.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITIES BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
SCHEDULE 13G Page 5 of 5 Pages
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable
TEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
By:/s/ James Grosfeld
SIGNATURE
James Grosfeld, Joint Tenant
Nancy Grosfeld, Joint Tenant
NAME AND TITLE
August 4, 2000
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DATE