CONSOLIDATED GRAPHICS INC /TX/
SC 13G/A, 1999-02-16
COMMERCIAL PRINTING
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                        SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                ________________

                                  SCHEDULE 13G
                                 (Rule 13d-102)
                                ________________

      INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO RULES 13d-1(b), (c)
              AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2
                 UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)*


                           Consolidated Graphics, Inc.
                                 (Name of Issuer)

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

                                    209341106
                                  (CUSIP Number)

                                   December 31, 1998
               (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)

___________

     *  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).







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Schedule 13G/A                                                  PAGE 2 OF 12

CUSIP No. 209341106
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               VGH Partners, L.L.C.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
               Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                    604,500
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                    604,500
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               604,500
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
               4.3%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON
               OO
_____________________________________________________________________________


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Schedule 13G/A                                                    PAGE 3 OF 12

CUSIP No. 209341106
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Vinik Partners, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
               Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                    604,500
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                    604,500
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               604,500
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
               4.3%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON
               PN
_____________________________________________________________________________


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Schedule 13G/A                                                    PAGE 4 OF 12

CUSIP No. 209341106
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Vinik Asset Management, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
               Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                    743,000
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                    743,000
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               743,000
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
               5.2%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON
               PN
_____________________________________________________________________________

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Schedule 13G/A                                                    PAGE 5 OF 12

CUSIP No. 209341106
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Jeffrey N. Vinik
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
          United States
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                         1,347,500
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                         1,347,500
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               1,347,500
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
               9.5%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON   
               IN
_____________________________________________________________________________

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Schedule 13G/A                                                    PAGE 6 OF 12

CUSIP No. 209341106
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Michael S. Gordon
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
          United States
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                         1,347,500
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                         1,347,500
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               1,347,500
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________

    (11)  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
               9.5%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON   
               IN
_____________________________________________________________________________

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Schedule 13G/A                                                    PAGE 7 OF 12

CUSIP No. 209341106
_____________________________________________________________________________

     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Mark D. Hostetter
_____________________________________________________________________________

     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________

     (3)  SEC USE ONLY 

_____________________________________________________________________________

     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
          United States
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                         1,347,500
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                         1,347,500
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               1,347,500
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED
          BY AMOUNT IN ROW (9)           
               9.5%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON   
               IN
_____________________________________________________________________________

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Schedule 13G/A                                                    PAGE 8 OF 12

CUSIP No. 209341106
_____________________________________________________________________________

     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 
               Vinik Asset Management, L.L.C.
_____________________________________________________________________________

     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________

     (3)  SEC USE ONLY 

_____________________________________________________________________________

     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
               Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    0
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                         743,000
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    0
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                         743,000
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
               743,000
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
               5.2%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON   
               OO
_____________________________________________________________________________

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Schedule 13G/A                                                    PAGE 9 OF 12

          The Schedule 13G (the "Schedule 13G") initially filed on April 2, 
1998 by VGH Partners, L.L.C. ("VGH"), Vinik Partners, L.P. ("Vinik Partners"), 
Vinik Asset Management, L.P. ("VAM LP"), Jeffrey N. Vinik, Michael S. Gordon, 
Mark D. Hostetter, and Vinik Asset Management, L.L.C. ("VAM LLC") relating to 
the common stock, par value $.01 (the "Common Stock"), issued by Consolidated 
Graphics, Inc. (the "Company") is hereby amended by this Amendment No. 1 to 
the Schedule 13G as follows:

ITEM 4.   OWNERSHIP.

Item 4 is hereby amended and restated as follows:
   A.  Vinik Partners and VGH
      (a)  Amount beneficially owned: 604,500
      (b)  Percent of class: 4.3%
        (All percentages herein are based on 14,222,018 shares of Common Stock
        reported to be outstanding as of November 30, 1998, as reflected in
        the Company's registration statement on Form S-4 as amended by
        Amendment No. 4 filed with the Securities and Exchange Commission by
        the Company on January 22, 1999.
      (c)  Number of shares as to which such person has:
                (i)    sole power to vote or to direct the vote
                       0
                (ii)   shared power to vote or to direct the vote  
                       604,500
                (iii)  sole power to dispose or to direct the disposition of
                       0
                (iv)   shared power to dispose or to direct the disposition of
                       604,500
                 Vinik Partners has the power to dispose of and the power to
                 vote the shares of Common Stock beneficially owned by it, 
                 which power may be exercised by its general partner, VGH.  
                 VGH owns directly no shares of Common Stock.  By reason of 
                 the provisions of Rule 13d-3 of the Securities Exchange Act 
                 of 1934 (the "Act"), VGH may be deemed to own beneficially 
                 the shares owned by Vinik Partners.

   B.  VAM LP and VAM LLC
      (a)  Amount beneficially owned: 743,000
      (b)  Percent of class: 5.2%
      (c)  Number of shares as to which such person has:
                (i)    sole power to vote or to direct the vote
                       0
                (ii)   shared power to vote or to direct the vote
                       743,000
                (iii)  sole power to dispose or to direct the disposition of
                       0
                (iv)   shared power to dispose or to direct the disposition of
                       743,000

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Schedule 13G/A                                                   PAGE 10 OF 12

                 Vinik Overseas Fund, Ltd. ("Vinik Overseas") is a party to an
                 investment management agreement with VAM LP pursuant to which
                 VAM LP has investment authority with respect to securities
                 held in such account.  Such authority includes the power to
                 dispose f and the power to vote securities held in such
                 account.  Such power may be exercised by VAM LP's general
                 partner, VAM LLC.  Neither VAM LP nor VAM LLC owns directly
                 any shares of Common Stock.  By reason of the provisions of
                 Rule 13d-3 of the Act, VAM LP and VAM LLC may each be deemed
                 to own beneficially shares held by Vinik Overseas.

   C.  Jeffrey N. Vinik, Michael S. Gordon and Mark D. Hostetter
      (a)  Amount beneficially owned: 1,347,500
      (b)  Percent of class: 9.5%
      (c)  Number of shares as to which such person has:
                (i)    sole power to vote or to direct the vote
                       0
                (ii)   shared power to vote or to direct the vote
                       1,347,500
                (iii)  sole power to dispose or to direct the disposition of
                       0
                (iv)   shared power to dispose or to direct the disposition of
                       1,347,500
                 Mr. Vinik, as the senior managing member of VGH and VAM 
                 LLC, and Messrs. Gordon and Hostetter, as managing members 
                 thereof, have shared power to dispose of and shared power to 
                 vote the Common Stock beneficially owned by VGH and VAM LLC.
                 None of Messrs. Vinik, Gordon and Hostetter directly own any
                 shares of Common Stock.  By reason of the provisions of Rule
                 13d-3 of the Act, each may be deemed to beneficially own the
                 shares beneficially owned by Vinik Partners and by Vinik
                 Overseas.

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Schedule 13G/A                                                  PAGE 11 OF 12

ITEM 10.  CERTIFICATION.  (if filing pursuant to Rule 13d-1(c))

        By signing below each Reporting Person certify that, to the best of 
its 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 not held in connection with or as a participant in any transaction having 
that purpose or effect.

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Schedule 13G/A                                                   PAGE 12 OF 12

SIGNATURES

    After reasonable inquiry and to the best of our knowledge and belief, the 
undersigned certify that the information set forth in this statement is true, 
complete and correct.

DATED:  February 16, 1999          /s/ Jeffrey N. Vinik,
                                   JEFFREY N. VINIK, individually,
                                   as senior managing member of
                                   VGH Partners, L.L.C., on behalf
                                   of VINIK PARTNERS, L.P., as senior managing
                                   member of Vinik Asset Management, L.L.C.,
                                   on behalf of VINIK ASSET MANAGEMENT, L.P.,
                                   as senior managing member of VGH PARTNERS,
                                   L.L.C. and of VINIK ASSET MANAGEMENT,
                                   L.L.C.

                                   /s/ Michael S. Gordon, individually
                                   MICHAEL S. GORDON

                                   /s/ Mark D. Hostetter, individually
                                   MARK D. HOSTETTER





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