Page 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Orbit Semiconductor, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
68556E104
(CUSIP Number)
Charles A. Nalbone, Bear, Stearns & Co. Inc.
115 South Jefferson Road, Whippany, NJ 07981
(201) 739-2202
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 5, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(b) (3) or (4), check the
following box [ ] .
Check the following box if a fee is being paid with this statement
[ X ] . (A fee is not required only if the reporting 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)
Note: When filing this statement, in paper format, six copies of
this statement, including exhibits, should be filed with the Commission.
See Rule 13d-1(a) for other parties to whom copies are to be sent.
Page 2
CUSIP NO. 68556E104
13D
NAME OF REPORTING PERSON
S.S. OR I.R.S. NOTIFICATION NO. OF ABOVE PERSON:
1 BEAR, STEARNS & CO. INC.
IRS #13-3299429
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*:
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*:
WC, PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d)(e):
[ X ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7 SOLE VOTING POWER:
412,258 (As of 8/5/96)
8 SHARED VOTING POWER:
10,000 (As of 8/5/96)
9 SOLE DISPOSITIVE POWER:
412,258 (As of 8/5/96)
10 SHARED DISPOSITIVE POWER:
10,000 (As of 8/5/96)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
422,258 (As of 8/5/96)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*:
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
5.7 (As of 8/5/96)
14 TYPE OF REPORTING PERSON*:
BD
See Instructions Before Filling Out!
Page 3
SCHEDULE 13D
Item 1: Security and Issuer
(a) Title and Class: Common Stock
(b) Name and address: Orbit Semiconductor, Inc.
169 Java Drive
Sunnyvale, California 94089
Item 2: Identity and Background Identity
(a) Name: Bear, Stearns & Co. Inc. ("Bear
Stearns")
(b) Place of Organization: Delaware
(c)(i) Principal Business: Securities Broker/Dealer
(ii) Address: 245 Park Avenue
New York, NY 10167
The following information with respect to each executive officer and
director of Bear Stearns is set forth on Appendix I hereto: (i) name,
(ii) business address, and (iii) principal occupation or employment.
(d) None
(e) See Appendix II
(f) See Appendix I
Item 3: Source and Amount of Funds or Other Consideration
Working capital of Bear Stearns and personal funds of discretionary
clients. The aggregate purchase price of the 728,858 shares of Common Stock
was approximately $8,017,438.00.
Item 4: Purpose of Transaction
Bear Stearns has acquired the Common Stock of Orbit Semiconductor,
Inc. in the ordinary course of its business as a broker/dealer in connection
with its trading and investment activities. Bear Stearns may acquire
additional securities of the Issuer or dispose of securities of the
Issuer in connection with such trading and investment activities. Although
the foregoing represents the range of activities presently contemplated by
Bear Stearns with respect to the Issuer, it should be noted that the possible
activities of Bear Stearns are subject to change at any time.
Except as set forth above, Bear Stearns has no present plans or
intentions which relate to or would result in any of the actions described in
subparagraph (a) through (j) of Item 4 of Schedule 13D.
Page 4
SCHEDULE 13D
Item 5: Interest in Securities of the Issuer as of 8/5/96
(a) Number: 422,258
Percentage: 5.7
(b) 1. Sole power to vote or to direct the vote: 412,258
2. Shared power to vote or to direct the vote: 10,000
3. Sole power to dispose or to direct the disposition: 412,258
4. Shared power to dispose or to direct the disposition: 10,000
(c) Information concerning transactions in the common stock effected by
Bear Stearns is set forth on Appendix III hereto.
(d) Inapplicable.
(e) Inapplicable.
Item 6: Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer:
None
Item 7: Material to be Filed as Exhibits:
None
Page 5
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.
Dated: BEAR, STEARNS & CO. INC.
By: /s/
Barry Cohen
Senior Managing Director
APPENDIX I
DIRECTORS AND EXECUTIVE OFFICERS OF BEAR, STEARNS & CO. INC.
Name Principal Occupation or Employment
Alan C. Greenberg Chairman of the Board and Director
James E. Cayne President, Chief Executive Officer and Director
Alan D. Schwartz Executive Vice President and Director
Warren J. Spector Executive Vice President and Director
Michael L. Tarnopol Executive Vice President and Director
John L. Knight Director
John M. Slade Director Emeritus
Kenneth L. Edlow Secretary
William J. Montgoris Chief Financial Officer and Chief Operating Officer
Michael J. Abatemarco Controller and Assistant Secretary
Michael Minikes Treasurer
Frederick B. Casey Assistant Treasurer
Mark E. Lehman Executive Vice President, General Counsel and
Director
Samuel L. Molinaro, Jr. Senior Vice President - Finance
John L. Knight is a citizen of the United Kingdom and his business
address is One Canada Square London E16 5AD England. Michael J. Abatemarco
is a citizen of the United States and his business address is One Metrotech
Center North, Brooklyn, New York 11201. All other Directors and Executive
Officers are citizens of the United States and their business address is 245
Park Avenue, New York, New York 10167. Bear, Stearns & Co. Inc. is a
wholly-owned subsidiary of The Bear Stearns Companies Inc. and of the persons
named, all but John L. Knight hold similar office in the parent company.
APPENDIX II
REGULATORY
November 19, 1991: The Commodity Futures Trading Commission filed
its complaint against Bear Stearns and Stephen Johnson. Bear Stearns entered
into a simultaneous settlement without admitting or denying the charges which
had alleged three counts of violation of the Commodity Exchange Act: (i)
failure to prepare a written record of orders including the account
identification for orders placed on the Chicago Mercantile Exchange from the
Dallas Branch Cattle Desk in the period July 1986 to February 1988
(Regulation 1.35 (a-l) (2)); (ii) failure to supervise the Dallas Branch
Office Cattle Desk and the CME Floor (Regulation 166.3); and (iii) violation
of a July 25, 1986 Cease and Desist involving failure to supervise order
entry process. Bear Stearns neither admitting or denying the charges, paid
$250,000 in settlement, and is ordered to cease and desist further violations
of these three regulations.
January 16, 1992: In the Matter of the Distribution of Securities
Issued by Certain Government Sponsored Enterprises: We, along with most of
the other major dealers and banks, have settled an SEC administrative
proceeding relating to our participation in the primary distributions of
certain unsecured debt securities issued by GSEs (such as Fannie Mae,
Freddie Mac, Federal Home Bank) by agreeing to a $100,000 fine, an order
that we cease and desist from any further recordkeeping violations in
connection with the distribution of the securities and undertaking to
develop, implement and maintain policies reasonably designed to assure our
future compliance with proper recordkeeping rules.
APPENDIX III Page 8.
BEAR, STEARNS & CO. INC.
Orbit Semiconductor, Inc.
Trading from 6/6/96 through 8/5/96
DATE QUANTITY DESCRIPTION PRICE / ENTRY AMOUNT
8/5/96 100 Orbit Semiconductor, Inc. 11.500 1,150.00
8/5/96 300 Orbit Semiconductor, Inc. 11.875 3,562.50
8/5/96 300 Orbit Semiconductor, Inc. 12.000 3,600.00
8/5/96 400 Orbit Semiconductor, Inc. 12.063 4,825.00
8/5/96 500 Orbit Semiconductor, Inc. 11.813 5,906.25
8/5/96 500 Orbit Semiconductor, Inc. 11.875 5,937.50
8/5/96 600 Orbit Semiconductor, Inc. 12.000 7,200.00
8/5/96 800 Orbit Semiconductor, Inc. 12.000 9,600.00
8/5/96 800 Orbit Semiconductor, Inc. 12.063 9,650.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.625 11,625.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.625 11,625.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.875 11,875.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.875 11,875.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.750 11,750.00
8/5/96 1000 Orbit Semiconductor, Inc. 11.875 11,875.00
8/5/96 1000 Orbit Semiconductor, Inc. 12.000 12,000.00
8/5/96 1000 Orbit Semiconductor, Inc. 12.000 12,000.00
8/5/96 1100 Orbit Semiconductor, Inc. 11.875 13,062.50
8/5/96 1250 Orbit Semiconductor, Inc. 11.875 14,843.75
8/5/96 1400 Orbit Semiconductor, Inc. 11.875 16,625.00
8/5/96 1500 Orbit Semiconductor, Inc. 11.875 17,812.50
8/5/96 1500 Orbit Semiconductor, Inc. 12.063 18,093.75
8/5/96 1700 Orbit Semiconductor, Inc. 11.875 20,187.50
8/5/96 1700 Orbit Semiconductor, Inc. 11.875 20,187.50
8/5/96 1800 Orbit Semiconductor, Inc. 11.625 20,925.00
8/5/96 2000 Orbit Semiconductor, Inc. 11.875 23,750.00
8/5/96 2000 Orbit Semiconductor, Inc. 12.063 24,125.00
8/5/96 2200 Orbit Semiconductor, Inc. 11.875 26,125.00
8/5/96 2200 Orbit Semiconductor, Inc. 11.875 26,125.00
8/5/96 2500 Orbit Semiconductor, Inc. 12.000 30,000.00
8/5/96 2500 Orbit Semiconductor, Inc. 12.063 30,156.25
8/5/96 3000 Orbit Semiconductor, Inc. 11.875 35,625.00
8/5/96 3000 Orbit Semiconductor, Inc. 12.063 36,187.50
8/5/96 3110 Orbit Semiconductor, Inc. 11.875 36,931.25
8/5/96 3500 Orbit Semiconductor, Inc. 12.063 42,218.75
8/5/96 8000 Orbit Semiconductor, Inc. 11.875 95,000.00
8/5/96 5000 Orbit Semiconductor, Inc. 11.875 59,375.00
8/5/96 -10000 Orbit Semiconductor, Inc. 11.873 -118,733.00
8/5/96 -10000 Orbit Semiconductor, Inc. 11.963 -119,632.00
8/2/96 70 Orbit Semiconductor, Inc. 11.375 796.25
8/2/96 77 Orbit Semiconductor, Inc. 11.125 856.63
8/2/96 1000 Orbit Semiconductor, Inc. 11.125 11,125.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.250 11,250.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.625 11,625.00
8/2/96 70 Orbit Semiconductor, Inc. 11.375 796.25
8/2/96 77 Orbit Semiconductor, Inc. 11.125 856.63
8/2/96 1000 Orbit Semiconductor, Inc. 11.125 11,125.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.250 11,250.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.625 11,625.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.375 11,375.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.375 11,375.00
8/2/96 1000 Orbit Semiconductor, Inc. 11.375 11,375.00
8/2/96 26000 Orbit Semiconductor, Inc. 11.257 292,689.80
8/2/96 100 Orbit Semiconductor, Inc. 10.875 1,087.50
8/2/96 -2000 Orbit Semiconductor, Inc. 11.375 -22,750.00
8/2/96 -12500 Orbit Semiconductor, Inc. 11.500 -143,750.00
8/1/96 1000 Orbit Semiconductor, Inc. 10.375 10,375.00
8/1/96 10000 Orbit Semiconductor, Inc. 10.440 104,400.00
8/1/96 -5000 Orbit Semiconductor, Inc. 10.688 -53,437.50
7/30/96 400 Orbit Semiconductor, Inc. 9.375 3,750.00
7/30/96 500 Orbit Semiconductor, Inc. 9.250 4,625.00
7/30/96 900 Orbit Semiconductor, Inc. 9.375 8,437.50
7/30/96 900 Orbit Semiconductor, Inc. 9.375 8,437.50
7/30/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/30/96 2200 Orbit Semiconductor, Inc. 9.375 20,625.00
7/30/96 2200 Orbit Semiconductor, Inc. 9.375 20,625.00
7/30/96 2500 Orbit Semiconductor, Inc. 9.250 23,125.00
7/30/96 -5000 Orbit Semiconductor, Inc. 9.358 -46,790.50
7/29/96 50 Orbit Semiconductor, Inc. 9.125 456.25
7/29/96 200 Orbit Semiconductor, Inc. 9.250 1,850.00
7/29/96 200 Orbit Semiconductor, Inc. 9.250 1,850.00
7/29/96 400 Orbit Semiconductor, Inc. 9.250 3,700.00
7/29/96 400 Orbit Semiconductor, Inc. 9.250 3,700.00
7/29/96 500 Orbit Semiconductor, Inc. 9.250 4,625.00
7/29/96 600 Orbit Semiconductor, Inc. 9.250 5,550.00
7/29/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/29/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/29/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/29/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/29/96 1100 Orbit Semiconductor, Inc. 9.188 10,106.25
7/29/96 1200 Orbit Semiconductor, Inc. 9.250 11,100.00
7/29/96 1400 Orbit Semiconductor, Inc. 9.188 12,862.50
7/29/96 1500 Orbit Semiconductor, Inc. 9.250 13,875.00
7/29/96 1600 Orbit Semiconductor, Inc. 9.250 14,800.00
7/29/96 1600 Orbit Semiconductor, Inc. 9.250 14,800.00
7/29/96 1800 Orbit Semiconductor, Inc. 9.250 16,650.00
7/29/96 1800 Orbit Semiconductor, Inc. 9.250 16,650.00
7/29/96 2000 Orbit Semiconductor, Inc. 9.250 18,500.00
7/29/96 2000 Orbit Semiconductor, Inc. 9.250 18,500.00
7/29/96 2000 Orbit Semiconductor, Inc. 9.188 18,375.00
7/29/96 2200 Orbit Semiconductor, Inc. 9.250 20,350.00
7/29/96 2200 Orbit Semiconductor, Inc. 9.250 20,350.00
7/29/96 2200 Orbit Semiconductor, Inc. 9.250 20,350.00
7/29/96 3400 Orbit Semiconductor, Inc. 9.250 31,450.00
7/29/96 3800 Orbit Semiconductor, Inc. 9.250 35,150.00
7/29/96 -15000 Orbit Semiconductor, Inc. 9.313 -139,687.50
7/25/96 1000 Orbit Semiconductor, Inc. 9.625 9,625.00
7/25/96 1100 Orbit Semiconductor, Inc. 9.375 10,312.50
7/25/96 3000 Orbit Semiconductor, Inc. 9.375 28,125.00
7/25/96 -1000 Orbit Semiconductor, Inc. 9.688 -9,687.50
7/24/96 2000 Orbit Semiconductor, Inc. 9.625 19,250.00
7/24/96 3000 Orbit Semiconductor, Inc. 9.500 28,500.00
7/24/96 5000 Orbit Semiconductor, Inc. 9.625 48,125.00
7/24/96 5000 Orbit Semiconductor, Inc. 9.625 48,125.00
7/24/96 5000 Orbit Semiconductor, Inc. 9.625 48,125.00
7/24/96 8000 Orbit Semiconductor, Inc. 9.625 77,000.00
7/24/96 10000 Orbit Semiconductor, Inc. 9.625 96,250.00
7/24/96 -10000 Orbit Semiconductor, Inc. 9.688 -96,875.00
7/23/96 500 Orbit Semiconductor, Inc. 10.250 5,125.00
7/23/96 1000 Orbit Semiconductor, Inc. 10.000 10,000.00
7/23/96 2000 Orbit Semiconductor, Inc. 10.125 20,250.00
7/23/96 2200 Orbit Semiconductor, Inc. 9.750 21,450.00
7/23/96 2500 Orbit Semiconductor, Inc. 10.313 25,781.25
7/23/96 10000 Orbit Semiconductor, Inc. 10.063 100,625.00
7/23/96 -5000 Orbit Semiconductor, Inc. 10.200 -51,000.00
7/22/96 4000 Orbit Semiconductor, Inc. 10.500 42,000.00
7/22/96 6000 Orbit Semiconductor, Inc. 10.250 61,500.00
7/19/96 10000 Orbit Semiconductor, Inc. 10 8150 108,150.00
7/19/96 10000 Orbit Semiconductor, Inc. 10.9400 109,400.00
7/19/96 -1000 Orbit Semiconductor, Inc. 11.000 -11,000.00
7/19/96 -1000 Orbit Semiconductor, Inc. 11.000 -11,000.00
7/19/96 -1000 Orbit Semiconductor, Inc. 11.000 -11,000.00
7/19/96 -2000 Orbit Semiconductor, Inc. 11.000 -22,000.00
7/19/96 -3000 Orbit Semiconductor, Inc. 11.000 -33,000.00
7/19/96 -5000 Orbit Semiconductor, Inc. 11.063 -55,312.50
7/19/96 -4000 Orbit Semiconductor, Inc. 11.125 -44,500.00
7/18/96 2000 Orbit Semiconductor, Inc. 11 3/8 22,750.00
7/18/96 5000 Orbit Semiconductor, Inc. 10.875 54,375.00
7/18/96 10000 Orbit Semiconductor, Inc. 10 9063 109,063.00
7/18/96 -600 Orbit Semiconductor, Inc. 11 -6,600.00
7/18/96 -1000 Orbit Semiconductor, Inc. 10.875 -10,875.00
7/18/96 -4000 Orbit Semiconductor, Inc. 11 -48,400.00
7/18/96 -5000 Orbit Semiconductor, Inc. 11 -55,000.00
7/17/96 2000 Orbit Semiconductor, Inc. 9.75 19,500.00
7/17/96 10000 Orbit Semiconductor, Inc. 9.375 93,750.00
7/16/96 500 Orbit Semiconductor, Inc. 9.563 4,871.25
7/16/96 1000 Orbit Semiconductor, Inc. 9.500 9,500.00
7/16/96 1000 Orbit Semiconductor, Inc. 9 3/8 9,375.00
7/16/96 1000 Orbit Semiconductor, Inc. 9.250 9,250.00
7/16/96 1000 Orbit Semiconductor, Inc. 9.563 9,562.50
7/16/96 1000 Orbit Semiconductor, Inc. 9.563 9,562.50
7/16/96 1000 Orbit Semiconductor, Inc. 9.563 9,562.50
7/16/96 1500 Orbit Semiconductor, Inc. 9.563 14,343.75
7/16/96 1800 Orbit Semiconductor, Inc. 9.375 16,875.00
7/16/96 2000 Orbit Semiconductor, Inc. 9.500 19,000.00
7/16/96 2000 Orbit Semiconductor, Inc. 9.250 18,500.00
7/16/96 -2000 Orbit Semiconductor, Inc. 9 3000 -18,600.00
7/15/96 1000 Orbit Semiconductor, Inc. 10.000 10,000.00
7/12/96 100 Orbit Semiconductor, Inc. 10.250 1,025.00
7/12/96 200 Orbit Semiconductor, Inc. 10.250 2,050.00
7/12/96 500 Orbit Semiconductor, Inc. 10.250 5,125.00
7/12/96 600 Orbit Semiconductor, Inc. 10.250 6,150.00
7/12/96 600 Orbit Semiconductor, Inc. 10.250 6,150.00
7/12/96 1000 Orbit Semiconductor, Inc. 10.250 10,250.00
7/12/96 1000 Orbit Semiconductor, Inc. 10.250 10,250.00
7/12/96 1000 Orbit Semiconductor, Inc. 10.250 10,250.00
7/12/96 2000 Orbit Semiconductor, Inc. 10.250 20,500.00
7/12/96 3000 Orbit Semiconductor, Inc. 10.250 30,750.00
7/12/96 -5000 Orbit Semiconductor, Inc. 10.047 -52,109.38
7/11/96 300 Orbit Semiconductor, Inc. 10.875 3,262.50
7/11/96 500 Orbit Semiconductor, Inc. 10.875 5,437.50
7/11/96 500 Orbit Semiconductor, Inc. 10.875 5,437.50
7/11/96 500 Orbit Semiconductor, Inc. 10.875 5,437.50
7/11/96 3000 Orbit Semiconductor, Inc. 10.875 32,625.00
7/11/96 3000 Orbit Semiconductor, Inc. 11 33,000.00
7/11/96 -2000 Orbit Semiconductor, Inc. 10.875 -21,750.00
7/10/96 1 Orbit Semiconductor, Inc. 11.250 11.25
7/10/96 400 Orbit Semiconductor, Inc. 11.313 4,525.00
7/10/96 400 Orbit Semiconductor, Inc. 11.250 4,500.00
7/10/96 1700 Orbit Semiconductor, Inc. 11.313 19,231.00
7/10/96 4600 Orbit Semiconductor, Inc. 11.375 52,325.00
7/9/96 1000 Orbit Semiconductor, Inc. 11.375 11,375.00
7/8/96 500 Orbit Semiconductor, Inc. 10 5/8 5,312.50
7/8/96 4100 Orbit Semiconductor, Inc. 10.688 43,818.75
7/8/96 10000 Orbit Semiconductor, Inc. 10.625 106,250.00
7/3/96 2000 Orbit Semiconductor, Inc. 11 22,000.00
7/3/96 2500 Orbit Semiconductor, Inc. 11 27,500.00
7/3/96 5000 Orbit Semiconductor, Inc. 11 55,000.00
7/3/96 5000 Orbit Semiconductor, Inc. 11 55,000.00
7/3/96 -5000 Orbit Semiconductor, Inc. 11 0625 -55,312.50
7/2/96 1000 Orbit Semiconductor, Inc. 11 11,000.00
7/2/96 -7000 Orbit Semiconductor, Inc. 11 1281 -77,896.70
7/1/96 6000 Orbit Semiconductor, Inc. 11.125 66,750.00
6/28/96 2500 Orbit Semiconductor, Inc. 11 27,500.00
6/28/96 15000 Orbit Semiconductor, Inc. 11.063 165,937.50
6/28/96 -5000 Orbit Semiconductor, Inc. 11.125 -55,625.00
6/27/96 1500 Orbit Semiconductor, Inc. 11.125 16,687.50
6/27/96 1500 Orbit Semiconductor, Inc. 11.125 16,687.50
6/27/96 1600 Orbit Semiconductor, Inc. 11.125 17,800.00
6/27/96 2500 Orbit Semiconductor, Inc. 11.063 27,656.25
6/27/96 5000 Orbit Semiconductor, Inc. 11.000 55,000.00
6/27/96 5000 Orbit Semiconductor, Inc. 11.000 55,000.00
6/27/96 10000 Orbit Semiconductor, Inc. 11.125 111,250.00
6/27/96 -16500 Orbit Semiconductor, Inc. 11 1250 -183,562.50
6/26/96 100 Orbit Semiconductor, Inc. 11.125 1,112.50
6/26/96 500 Orbit Semiconductor, Inc. 11.188 5,593.75
6/26/96 1000 Orbit Semiconductor, Inc. 11.250 11,250.00
6/26/96 1900 Orbit Semiconductor, Inc. 11.125 21,137.50
6/26/96 3500 Orbit Semiconductor, Inc. 11.188 39,156.25
6/26/96 4000 Orbit Semiconductor, Inc. 11.250 45,000.00
6/26/96 10000 Orbit Semiconductor, Inc. 11.250 112,500.00
6/26/96 -10000 Orbit Semiconductor, Inc. 11 3125 -113,125.00
6/25/96 1000 Orbit Semiconductor, Inc. 11.125 11,125.00
6/25/96 3500 Orbit Semiconductor, Inc. 11.125 38,937.50
6/25/96 5000 Orbit Semiconductor, Inc. 11.375 56,875.00
6/24/96 2000 Orbit Semiconductor, Inc. 11.000 22,000.00
6/24/96 2500 Orbit Semiconductor, Inc. 11.125 27,812.50
6/24/96 3000 Orbit Semiconductor, Inc. 11.125 33,375.00
6/24/96 5000 Orbit Semiconductor, Inc. 11.125 55,625.00
6/24/96 -3000 Orbit Semiconductor, Inc. 11.125 -33,375.00
6/21/96 100 Orbit Semiconductor, Inc. 10.750 1,075.00
6/21/96 500 Orbit Semiconductor, Inc. 11.000 5,500.00
6/21/96 2000 Orbit Semiconductor, Inc. 10.813 21,625.00
6/21/96 2100 Orbit Semiconductor, Inc. 10.750 22,575.00
6/21/96 2300 Orbit Semiconductor, Inc. 10.875 25,012.50
6/21/96 3000 Orbit Semiconductor, Inc. 10.813 32,437.50
6/21/96 3500 Orbit Semiconductor, Inc. 10.875 38,062.50
6/21/96 7700 Orbit Semiconductor, Inc. 10.875 83,737.50
6/21/96 10000 Orbit Semiconductor, Inc. 10.875 108,750.00
6/21/96 10000 Orbit Semiconductor, Inc. 10.875 108,750.00
6/21/96 10000 Orbit Semiconductor, Inc. 10.875 108,750.00
6/21/96 -47200 Orbit Semiconductor, Inc. 10 9280 -515,801.60
6/19/96 500 Orbit Semiconductor, Inc. 11.000 5,500.00
6/19/96 3000 Orbit Semiconductor, Inc. 10.750 32,250.00
6/19/96 3000 Orbit Semiconductor, Inc. 11.000 33,000.00
6/19/96 1000 Orbit Semiconductor, Inc. 10 9500 10,950.00
6/19/96 -2000 Orbit Semiconductor, Inc. 11.250 -22,500.00
6/18/96 400 Orbit Semiconductor, Inc. 11.000 4,400.00
6/18/96 1000 Orbit Semiconductor, Inc. 11.188 11,187.50
6/18/96 1000 Orbit Semiconductor, Inc. 11.188 11,187.50
6/18/96 1500 Orbit Semiconductor, Inc. 11.125 16,687.50
6/18/96 1500 Orbit Semiconductor, Inc. 11.125 16,687.50
6/18/96 3000 Orbit Semiconductor, Inc. 11.188 33,562.50
6/18/96 -10000 Orbit Semiconductor, Inc. 11 2500 -112,500.00
6/17/96 600 Orbit Semiconductor, Inc. 11.375 6,825.00
6/17/96 4000 Orbit Semiconductor, Inc. 11.375 45,500.00
6/14/96 4000 Orbit Semiconductor, Inc. 11.250 45,000.00
6/14/96 5000 Orbit Semiconductor, Inc. 11.125 55,625.00
6/14/96 6000 Orbit Semiconductor, Inc. 11.250 67,500.00
6/14/96 40000 Orbit Semiconductor, Inc. 11 2188 448,752.00
6/14/96 73600 Orbit Semiconductor, Inc. 11 0910 816,297.60
6/14/96 -5000 Orbit Semiconductor, Inc. 11.125 -55,625.00
6/14/96 -70000 Orbit Semiconductor, Inc. 11 2902 -790,314.00
6/13/96 1000 Orbit Semiconductor, Inc. 11.500 11,500.00
6/13/96 1000 Orbit Semiconductor, Inc. 11.250 11,250.00
6/13/96 1000 Orbit Semiconductor, Inc. 11.250 11,250.00
6/13/96 2500 Orbit Semiconductor, Inc. 11.000 27,500.00
6/13/96 3000 Orbit Semiconductor, Inc. 11.500 34,500.00
6/13/96 9500 Orbit Semiconductor, Inc. 11.625 110,437.50
6/13/96 45000 Orbit Semiconductor, Inc. 11 0139 495,625.50
6/13/96 -1400 Orbit Semiconductor, Inc. 11.125 -15,575.00
6/13/96 -2000 Orbit Semiconductor, Inc. 11.125 -22,250.00
6/13/96 -4500 Orbit Semiconductor, Inc. 11.250 -50,625.00
6/12/96 500 Orbit Semiconductor, Inc. 11.750 5,875.00
6/12/96 1000 Orbit Semiconductor, Inc. 11.750 11,750.00
6/12/96 1000 Orbit Semiconductor, Inc. 11.625 11,625.00
6/12/96 4500 Orbit Semiconductor, Inc. 11.750 52,875.00
6/12/96 10000 Orbit Semiconductor, Inc. 11.750 117,500.00
6/12/96 -8000 Orbit Semiconductor, Inc. 11.875 -95,000.00
6/11/96 100 Orbit Semiconductor, Inc. 11.750 1,175.00
6/11/96 2500 Orbit Semiconductor, Inc. 11.750 29,375.00
6/11/96 3000 Orbit Semiconductor, Inc. 11.875 35,625.00
6/11/96 4000 Orbit Semiconductor, Inc. 11.750 47,000.00
6/11/96 -8500 Orbit Semiconductor, Inc. 11 8500 -100,725.00
