TELULAR CORP
SC 13G/A, 1999-12-06
TELEPHONE & TELEGRAPH APPARATUS
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<PAGE>



                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, DC  20549

                            ----------------------

                                  SCHEDULE 13G
                                (Rule 13d-102)


            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)
                               (Amendment No. 1)/1/


                              Telular Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.01 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                  87970T-10-9
                        ------------------------------
                                 (CUSIP Number)

                               November 26, 1999
- --------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                               [_] Rule 13d-1(b)

                               [X] Rule 13d-1(c)

                               [_] Rule 13d-1(d)

- -----------------------

/1/  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).
<PAGE>
                                                                  Page 2 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Citadel Limited Partnership

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Illinois limited partnership
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           PN;HC
- ------------------------------------------------------------------------------

(1) See Item 4.

<PAGE>

                                                                  Page 3 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Citadel Investment Group, L.L.C.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Delaware limited liability company
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES*(1)                                            [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
            OO;HC
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 4 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      GLB Partners, L.P.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Delaware limited partnership
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625(1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES * (1)                                            [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           PN;HC
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 5 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Kenneth Griffin

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    U.S. citizen
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                                   [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           IN
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 6 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      NP Partners

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Bermuda general partnership
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above.
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           PN
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 7 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Olympus Securities, Ltd.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Bermuda company


- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           CO
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 8 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      WCH L.L.C.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Delaware limited liability company
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           OO;HC
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 9 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Wellington Partners Limited Partnership

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Illinois limited partnership
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           PN;HC
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                  Page 10 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      WNPH, L.L.C.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Delaware limited liability company
      U.S.A

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           OO;HC
- ------------------------------------------------------------------------------

(1) See Item 4.


<PAGE>

                                                                  Page 11 of 18

- ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

      Kensington Global Strategies Fund, Ltd.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]

- ------------------------------------------------------------------------------
      SEC USE ONLY
 3

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    Bermuda company


- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5
     NUMBER OF            0

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          3,625 (1)
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7
    REPORTING             0

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          3,625 (1)
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9
            See Row 8 above
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES* (1)                                             [X]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
           .03% (1)
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
           CO;HC
- ------------------------------------------------------------------------------

(1) See Item 4.
<PAGE>

                                                                   Page 12 of 18

Item 1(a).  Name of Issuer:

            Telular Corporation

Item 1(b).  Address of Issuer's Principal Executive Offices:

            647 North Lakeview Parkway
            Vernon Hills, IL  60061

Item 2(a).  Name of Person Filing:
Item 2(b).  Address of Principal Business Office or, if none, Residence:
Item 2(c).  Citizenship:

            Citadel Limited Partnership
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Illinois limited partnership

            Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Delaware limited liability company

            GLB Partners, L.P.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Delaware limited partnership

            Kenneth Griffin
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            U.S. citizen
<PAGE>

                                                                   Page 13 of 18

            WCH L.L.C.
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Delaware limited liability company

            NP Partners
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Bermuda general partnership

            Olympus Securities, Ltd.
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Bermuda company

            Wellington Partners Limited Partnership
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Illinois limited partnership

            WNPH, L.L.C.
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Delaware limited liability company

            Kensington Global Strategies Fund, Ltd.
            c/o Citadel Investment Group, L.L.C.
            225 West Washington Street
            9th Floor
            Chicago, Illinois 60606
            Bermuda company
<PAGE>

                                                                   Page 14 of 18

Item 2(d).  Title of Class of Securities:

            Common Stock

Item 2(e).  CUSIP Number:

            87970T-10-9

Item 3.     If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
            (c), Check Whether the Person Filing is a:

            (a)  [ ]  Broker or dealer registered under Section 15 of the
                      Exchange Act;
            (b)  [ ]  Bank as defined in Section 3(a)(6) of the Exchange Act;
            (c)  [ ]  Insurance company as defined in Section 3(a)(19) of the
                      Exchange Act;
            (d)  [ ]  Investment company registered under Section 8 of the
                      Investment Company Act;
            (e)  [ ]  An investment adviser in accordance with Rule 13d-
                      1(b)(1)(ii)(E);
            (f)  [ ]  An employee benefit plan or endowment fund in accordance
                      with Rule 13d-1(b)(1)(ii)(F);
            (g)  [ ]  A parent holding company or control person in accordance
                      with Rule 13d-1(b)(ii)(G);
            (h)  [ ]  A savings association as defined in Section 3(b) of the
                      Federal Deposit Insurance Act;
            (i)  [ ]  A church plan that is excluded from the definition of an
                      investment company under Section 3(c)(14) of the
                      Investment Company Act;
            (j)  [ ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

            If this statement is filed pursuant to Rule 13d-1(c), check this
            box. [X]

Item 4.     Ownership.

CITADEL INVESTMENT GROUP, L.L.C.
GLB PARTNERS L.P.
CITADEL LIMITED PARTNERSHIP
KENNETH GRIFFIN
NP PARTNERS
OLYMPUS SECURITIES, Ltd.
WCH L.L.C.
WELLINGTON PARTNERS LIMITED PARTNERSHIP
WNPH, L.L.C.
<PAGE>

                                                                   Page 15 of 18

KENSINGTON GLOBAL STRATEGIES FUND, LTD.

            (a)  Amount Beneficially Owned:
                    3,625 (1)

            (b)  Percent of Class:
                    .03%(1)(2)

            (c)  Number of shares as to which persons filing statement have:

                 (i)   Sole power to vote or to direct the vote:
                          0

                 (ii)  Shared power to vote or to direct the vote:
                          3,625 (1)

                 (iii) Sole power to dispose or to direct the disposition of:
                          0

                 (iv)  Shared power to dispose or to direct the disposition of:
                          3,625 (1)


(1) Does not include approximately 1,918,268 shares of Common Stock that the
Reporting Persons believe the Issuer owed NP Partners and Olympus Securities,
Ltd. upon mandatory conversion of the Issuer's Series A Convertible Preferred
Stock on October 15, 1999, over and above the 1,011,806 shares of Common Stock,
in aggregate, that NP Partners and Olympus Securities, Ltd. did receive upon
such mandatory conversion.  The Issuer has disputed the entitlement of NP
Partners and Olympus Securities, Ltd. to any additional shares of Common Stock
other than the 1,011,806 shares that those entities had already received upon
the mandatory conversion.

(2) The Issuer informed the Reporting Persons that it had 11,709,546 shares of
Common Stock issued and outstanding as of October 15, 1999.  Since that date,
the Issuer has not made any public filings, and has not otherwise disclosed the
number of issued and outstanding shares.


Item 5.     Ownership of Five Percent or Less of a Class.

            If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [X]. Refer to
Item 4, note (1) above, however, concerning
<PAGE>

                                                                   Page 16 of 18

additional shares of Common Stock that the Reporting Persons believe the Issuer
owes NP Partners and Olympus Securities, Ltd.


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 Security Being Reported on by the Parent Holding Company.

            Not Applicable.

Item 8.     Identification and Classification of Members of the Group.

            See Item 2.

Item 9.     Notice of Dissolution of Group.

            Not Applicable.


Item 10.    Certification.

            By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose 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: December 6, 1999


     /s/ Kenneth Griffin
- -------------------------
     Kenneth Griffin
<PAGE>

                                                                   Page 17 of 18

CITADEL INVESTMENT GROUP, L.L.C.

By:_____________________________
     Kenneth Griffin, President


GLB PARTNERS, L.P.
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President


CITADEL LIMITED PARTNERSHIP
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President


WCH L.L.C.
By:  Citadel Limited Partnership, its sole member
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President


NP PARTNERS
By:  WCH L.L.C., its general partner
By:  Citadel Limited Partnership, its sole member
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President


OLYMPUS SECURITIES, LTD.
By:  Citadel Limited Partnership, its trading manager
By:  GLB Partners, L.P., its general partner
<PAGE>

                                                                   Page 18 of 18

By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President

WELLINGTON PARTNERS LIMITED PARTNERSHIP
By:  Citadel Limited Partnership, its general partner
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President



WNPH, L.L.C.
By:  Wellington Partners Limited Partnership, its sole member
By:  Citadel Limited Partnership, its general partner
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President



KENSINGTON GLOBAL STRATEGIES FUND, LTD.
By:  Citadel Limited Partnership, its trading manager
By:  GLB Partners, L.P., its general partner
By:  Citadel Investment Group, L.L.C., its general partner

By:_____________________________
     Kenneth Griffin, President


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