SCHEDULE 13G
6/30/98
PERVASIVE SOFTWARE
CUSIP # 715710109
AMENDMENT
CUSIP #715710109
ITEM 1: REPORTING PERSONS
PAUL J. SCHUPF ASSOCIATES (TAX ID ####-##-####)
ITEM 4: CITIZENSHIP
USA
ITEM 5: SOLE VOTING POWER
1,283,400
ITEM 6: SHARED VOTING POWER
0
ITEM 7: SOLE DISPOSITIVE POWER
1,283,400
ITEM 9: AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,283,400
ITEM 11: PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
8.4%
ITEM 12: TYPE OF REPORTING PERSON
1A
NAME OF ISSUER
PERVASIVE SOFTWARE INC.
ITEM 1B: 8834 CAPITAL OF TEXAS
AUSTIN, TX 78759
ITEM 2A: NAME OF PERSON FILING
PAUL J. SCHUPF ASSOCIATES
ITEM 2B: ADDRESS OF PRINCIPAL BUSINESS OFFICE
PO BOX 179, 27 PAYNE STREET
HAMILTON, NY 13346
ITEM 2C: CITIZENSHIP
USA
ITEM 2D: TITLE OF CLASS OF SECURITIES
COMMON STOCK
ITEM 2E: CUSIP NUMBER
715710109
ITEM 3: IF THIS STATEMENTIF FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) CHECK
WHETHER THE PERSON FILING IS A:
(e) ( INVESTMENT ADVISER REGISTERED UNDER SECTION 203 OF THE INVESTMENT
ADVISORS ACT OF 1940
ITEM 4: OWNERSHIP
ITEM 4A: AMOUNT BENEFICIALLY OWNED: 1,283,400 SHARES
ITEM 4B: PERCENT OF CLASS: 8.4%
ITEM 4C: NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: 1,283,400
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
NOT APPLICABLE
ITEM 10: CERTIFICATION:
BY SIGNING BELOW I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND BELIEF,
THE SEVCURITIES 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.
SIGNATURE:
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.
DATE: AUGUST 17, 1998
SIGNATURE: /s/ PAUL J. SCHUPF
NAME: PAUL J. SCHUPF
