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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2 )
Interactive Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
45837J102
(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)
September 30, 1997
(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
[ ] . (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.
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CUSIP NO. 45837J102
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):
[ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7 SOLE VOTING POWER:
0
8 SHARED VOTING POWER:
0
9 SOLE DISPOSITIVE POWER:
0
10 SHARED DISPOSITIVE POWER:
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
0
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*:
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
0.0
14 TYPE OF REPORTING PERSON*:
BD
See Instructions Before Filling Out!
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Schedule 13D Amendment No. 2
This statement constitutes Amendment No. 2 to the statement on Schedule 13D
(the "Schedule 13D") filed with the Securities and Exchange Commission by Bear,
Stearns & Co. Inc. ("Bear Stearns") with respect to its ownership of the Common
Stock of Interactive Group, Inc. (the "Issuer").
Item 3: Source and Amount of Funds or Other Consideration
Not applicable.
Item 5: Interest in Securities of the Issuer (as of 9/30/97)
(a) The responses of Bear Stearns to Rows (11) through (13) of the
cover page of this Amendment No. 2 to Schedule 13D are
incorporated herein by reference. To the best of Bear Stearns'
knowledge, none of its executive officers or directors
beneficially own any Common Stock of the Issuer.
(b) The responses of Bear Stearns to Rows (7) through (10) of the
cover page of this Amendment No. 2 to Schedule 13D are
incorporated herein by reference.
(c) Since the date of its initial filing on Schedule 13D, Bear
Stearns has effected transactions in the Common Stock of the
Issuer. Information concerning transactions in the Common Stock
effected by Bear Stearns is set forth on Appendix I.
(d) Not Applicable.
(e) On September 30, 1997, DataWorks Corp. completed its acquisition
of Interactive Group, Inc. According to the terms of the acquisition,
Interactive Group, Inc. shareholders would receive 0.8054 DataWorks Corp.
shares for each Interactive Group, Inc. share held. On September 30, 1997,
Bear Stearns exchanged its holdings of Interactive Group, Inc. under the
mentioned merger agreement. Therefore, Bear Stearns ceased to be the beneficial
owner of more than five percent of the Common Stock of the Issuer on
September 30, 1997.
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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: September 30, 1997 BEAR, STEARNS & CO. INC.
By: /s/
Barry Cohen
Senior Managing Director
APPENDIX I
BEAR, STEARNS & CO. INC.
Interactive Group, Inc.
Trades from 8/16/97 through 9/30/97
(Various Firm Accounts)
***** 10/02 *****
254,325- INTERACTIVE GROUP INC XCH OA .00
***** 09/25 *****
1,000 INTERACTIVE GROUP INC 14 3/4 14,750.00
1,000 INTERACTIVE GROUP INC 14 3/4 14,750.00
500- INTERACTIVE GROUP INC 14 5/8 7,312.25-
1,000- INTERACTIVE GROUP INC 14 7/8 14,874.50-
***** 09/24 *****
100 INTERACTIVE GROUP INC 14 1,400.00
3,000- INTERACTIVE GROUP INC 13 3/4 41,248.62-
***** 09/22 *****
433 INTERACTIVE GROUP INC 13 5,629.00
***** 09/17 *****
1,000- INTERACTIVE GROUP INC 13 5/8 13,624.54-
***** 09/16 *****
1,000- INTERACTIVE GROUP INC 13 5/8 13,624.54-
1,000- INTERACTIVE GROUP INC 13 5/8 13,624.54-
1,000- INTERACTIVE GROUP INC 13 5/8 13,624.54-
1,000- INTERACTIVE GROUP INC 13 1/2 13,499.55-
1,000- INTERACTIVE GROUP INC 13 1/2 13,499.55-
1,000- INTERACTIVE GROUP INC 13 1/2 13,499.55-
***** 09/15 *****
1,000 INTERACTIVE GROUP INC 13 7/8 13,875.00
***** 09/12 *****
500 INTERACTIVE GROUP INC 13 3/4 6,875.00
1,000 INTERACTIVE GROUP INC 13 5/8 13,625.00
1,000 INTERACTIVE GROUP INC 13 9/16 13,562.50
1,000 INTERACTIVE GROUP INC 13 3/4 13,750.00
***** 09/11 *****
400 INTERACTIVE GROUP INC 13 1/8 5,250.00
1,000 INTERACTIVE GROUP INC 13 1/8 13,125.00
***** 09/04 *****
400 INTERACTIVE GROUP INC 12 7/8 5,150.00
1,000 INTERACTIVE GROUP INC 12 7/8 12,875.00
5,000 INTERACTIVE GROUP INC 12 7/8 64,375.00
***** 09/03 *****
1,000 INTERACTIVE GROUP INC 13 1/8 13,125.00
1,900 INTERACTIVE GROUP INC 13 1/8 24,937.50
1,000- INTERACTIVE GROUP INC 13 1/4 13,249.55-
***** 09/02 *****
80 INTERACTIVE GROUP INC 12 3/4 1,020.00
1,000 INTERACTIVE GROUP INC 13 1/8 13,125.00
1,000 INTERACTIVE GROUP INC 13 1/4 13,250.00
2,000 INTERACTIVE GROUP INC 13 3/8 26,750.00
***** 08/29 *****
1,000 INTERACTIVE GROUP INC 12 1/2 12,500.00
1,000 INTERACTIVE GROUP INC 12 5/8 12,625.00
1,000 INTERACTIVE GROUP INC 12 3/4 12,750.00
***** 08/29 *****
1,000 INTERACTIVE GROUP INC 12 3/4 12,750.00
1,000 INTERACTIVE GROUP INC 12 3/4 12,750.00
1,000 INTERACTIVE GROUP INC 13 1/8 13,125.00
6,000- INTERACTIVE GROUP INC 13.2800 79,677.34-
***** 08/27 *****
100 INTERACTIVE GROUP INC 12 3/8 1,237.50
800 INTERACTIVE GROUP INC 12 3/8 9,900.00
1,500 INTERACTIVE GROUP INC 12 3/8 18,562.50
1,500 INTERACTIVE GROUP INC 13 19,500.00
1,500 INTERACTIVE GROUP INC 13 19,500.00
2,000- INTERACTIVE GROUP INC 12 7/8 25,749.14-
10,500- INTERACTIVE GROUP INC 12 5/8 132,558.08-
***** 08/26 *****
700 INTERACTIVE GROUP INC 13 9,100.00
1,000 INTERACTIVE GROUP INC 13 13,000.00
1,000 INTERACTIVE GROUP INC 13 13,000.00
2,000 INTERACTIVE GROUP INC 13 26,000.00
***** 08/25 *****
1,000 INTERACTIVE GROUP INC 12 3/4 12,750.00
1,000 INTERACTIVE GROUP INC 12 3/4 12,750.00
1,000 INTERACTIVE GROUP INC 12 12,000.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
2,000 INTERACTIVE GROUP INC 12 1/4 24,500.00
2,500 INTERACTIVE GROUP INC 12 3/8 30,937.50
5,000- INTERACTIVE GROUP INC 12.7800 63,897.87-
***** 08/22 *****
500 INTERACTIVE GROUP INC 12 1/2 6,250.00
500 INTERACTIVE GROUP INC 12 1/2 6,250.00
1,000 INTERACTIVE GROUP INC 12 3/8 12,375.00
1,000 INTERACTIVE GROUP INC 12 1/8 12,125.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 1/2 12,500.00
1,500 INTERACTIVE GROUP INC 12 1/4 18,375.00
1,000- INTERACTIVE GROUP INC 12 1/2 12,499.58-
5,000- INTERACTIVE GROUP INC 12.4800 62,397.92-
***** 08/21 *****
100 INTERACTIVE GROUP INC 12 1,200.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 1/4 12,250.00
1,000 INTERACTIVE GROUP INC 12 3/8 12,375.00
2,000 INTERACTIVE GROUP INC 12 3/8 24,750.00
***** 08/21 *****
275- INTERACTIVE GROUP INC 12 7/8 3,540.51-
500- INTERACTIVE GROUP INC 12 5/8 6,312.28-
1,000- INTERACTIVE GROUP INC 12 7/8 12,874.57-
***** 08/18 *****
1,000 INTERACTIVE GROUP INC 11 5/16 11,312.50
1,000 INTERACTIVE GROUP INC 10 7/8 10,875.00
2,000 INTERACTIVE GROUP INC 11 3/16 22,375.00
3,000 INTERACTIVE GROUP INC 11 5/16 33,937.50
3,000 INTERACTIVE GROUP INC 11 5/16 33,937.50
(Various Discretionary Accounts)
***** 10/02 *****
3,516- INTERACTIVE GROUP INC XCH OA .00
2,109- INTERACTIVE GROUP INC XCH OA .00
14,375- INTERACTIVE GROUP INC XCH OA .00
