UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
MIAMI COMPUTER SUPPLY CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
593261 10 0
- --------------------------------------------------------------------------------
(CUSIP Number)
Timothy G. Ewing
Ewing & Partners
2200 Ross Avenue
Suite 4660 West
Dallas, Texas 75201
(214) 999-1900
- --------------------------------------------------------------------------------
(Name, Address, Telephone Number of Person Authorized
to Receive Notices and Communications)
June 30, 1998
- --------------------------------------------------------------------------------
(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 the 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: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
disclosures provided in a prior cover page.
The information required on 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 1 of 11 Pages
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 2 of 11 Pages
- ----------------------------------- -----------------------------------
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ewing & Partners
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) / /
Not applicable
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
1,265,691
- --------------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
- --------------------------------------------------------------------------------
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
1,265,691
- --------------------------------------------------------------------------------
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,265,691
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.22%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
================================================================================
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 3 of 11 Pages
- ----------------------------------- -----------------------------------
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Value Partners, Ltd.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) / /
Not applicable
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
1,265,691
- --------------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
- --------------------------------------------------------------------------------
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
1,265,691
- --------------------------------------------------------------------------------
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,265,691
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.22%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
================================================================================
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 4 of 11 Pages
- ----------------------------------- -----------------------------------
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy G. Ewing SARSEP IRA Account
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) / /
Not applicable
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
2,175
- --------------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
- --------------------------------------------------------------------------------
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
2,175
- --------------------------------------------------------------------------------
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
2,175
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.021%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
EP
================================================================================
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 5 of 11 Pages
- ----------------------------------- -----------------------------------
================================================================================
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy G. Ewing IRA Account
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) / /
Not applicable
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
41,628
- --------------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
- --------------------------------------------------------------------------------
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
41,628
- --------------------------------------------------------------------------------
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
41,628
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.40%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
EP
================================================================================
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 6 of 11 Pages
- ----------------------------------- -----------------------------------
Amendment No. 9 to SCHEDULE 13D
This statement ("Amendment No. 9") amends the Schedule 13D, Amendment
No. 1 ("Amendment No. 1"), Amendment No. 2 ("Amendment No. 2"), Amendment No. 3
("Amendment No. 3"), Amendment No. 4 ("Amendment No. 4"), Amendment No. 5
("Amendment No. 5"), Amendment No. 6 ("Amendment No. 6"), Amendment No. 7
("Amendment No. 7") and Amendment No. 8 ("Amendment No. 8") to the Schedule 13D
filed by Value Partners, Ltd. ("VP"), Ewing & Partners (formerly known as Fisher
Ewing Partners) ("E&P"), the Timothy G. Ewing SARSEP IRA Account (the "Account")
and the Timothy G. Ewing IRA Account (the "IRA") with the Securities and
Exchange Commission on November 20, 1996, December 24, 1996, January 10, 1997,
April 18, 1997, May 22, 1997, June 5, 1997, July 8, 1997, October 9, 1997 and
February 17, 1998, respectively, with respect to the shares of common stock, no
par value per share ("Common Stock"), of Miami Computer Supply Corporation, an
Ohio corporation (the "Issuer"). The Schedule 13D and Amendment Nos. 1, 2, 3, 4,
5, 6, 7 and 8 are collectively referred to herein as the "Schedule 13D" where
the context so permits. All defined terms refer to terms defined herein and in
the Schedule 13D, and Amendments Nos. 1, 2, 3, 4, 5, 6, 7 and 8. Notwithstanding
this Amendment No. 9, the Schedule 13D and Amendment Nos. 1, 2, 3, 4, 5, 6, 7
and 8 speak as of their respective dates. The Schedule 13D is amended only to
the extent set forth below:
Item 3. Source and Amount of Funds or Other Consideration.
The following table sets forth the date of purchase, number of shares
of the Issuer's Common Stock purchased and total purchase price of such shares
for the transactions by VP in the Issuer's Common Stock not previously reported
on VP's Schedule 13D. VP's source of funds for such purchases was its working
capital (i.e., its partnership capital account).
Date of Purchase No. of Shares Purchased Total Purchase Price
- ---------------- ----------------------- --------------------
June 30, 1998 40,000 $640,000.00
Item 5. Interest in Securities of the Issuer.
a. The aggregate number of shares of the Issuer's Common Stock
beneficially owned by VP as of June 30, 1998 was 1,265,691,
representing 12.22% of the Issuer's 10,356,100 outstanding shares of
Common Stock as of June 29, 1998, the date of the filing of the
Prospectus for the Issuer's Secondary Offering of Common Stock, without
par value, by the Issuer with the Securities and Exchange Commission.
The Account directly (and Mr. Ewing indirectly) beneficially owns 2,175
shares of the Issuer's Common Stock, which represents 0.021% of the
Issuer's outstanding shares of Common Stock as of June 29, 1998. The
IRA directly (and Mr. Ewing indirectly) beneficially owns 41,628 shares
of the Issuer's Common Stock, which represents 0.40% of the Issuer's
outstanding shares of Common Stock as of June 29, 1998. Except with
respect to shares owned by the Account or the IRA, none of E&P, EAM or
Mr. Ewing directly owns any shares of Common Stock. By reason of the
provisions of Rule 13d-3 under the Exchange Act, each of E&P, EAM and
Mr. Ewing may be deemed to beneficially own the 1,309,494 shares of
Common Stock owned by VP, the Account and the IRA,
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 7 of 11 Pages
- ----------------------------------- -----------------------------------
but E&P and EAM disclaim the beneficial ownership of all 1,309,494
shares, and Mr. Ewing disclaims the beneficial ownership of 1,265,691
shares, pursuant to Rule 13d-4.
As a result of a 3-for-2 Common Stock Split of the shares of
the Issuer that took effect on or about April 24, 1998, VP received an
additional 368,564 shares of the Issuer's Common Stock, the Account
received an additional 725 shares of the Issuer's Common Stock and the
IRA received an additional 13,876 shares of the Issuer's Common Stock.
b. VP has the sole power to vote and the sole power to dispose
of the shares of Common Stock owned by it through its general partner,
E&P, and E&P acts solely through its general partners, EAM and Mr.
Ewing. Accordingly, each of E&P and Mr. Ewing may be deemed to have
sole voting and dispositive power with respect to the shares of
Issuer's Common Stock owned by VP.
Mr. Ewing has the sole power to vote and dispose of the shares
of Common Stock owned by the Account and the IRA.
c. Except as disclosed in this Amendment No. 9, none of VP,
E&P, EAM or Mr. Ewing, the Account or the IRA has effected any
transaction in the Issuer's Common Stock within the past 60 days.
d. No person or entity other than VP has the right to receive,
or the power to direct the receipt of, dividends from, or the proceeds
from the sale of, the shares of the Issuer's Common Stock beneficially
owned by VP.
No person or entity other than the Account has the right to
receive, or the power to direct the receipt of, dividends from, or the
proceeds from the sale of, the shares of the Issuer's Common Stock
beneficially owned by the Account.
No person or entity other than the IRA has the right to
receive, or the power to direct the receipt of, dividends from, or the
proceeds from the sale of, the shares of the Issuer's Common Stock
beneficially owned by the IRA.
e. Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
As of the date of the execution of this Amendment No. 9, (except for
the separate custodial account agreements for the Account and the IRA by and
between Mr. Ewing and Fiduciary Trust Company, the custodian of such accounts,
which Mr. Ewing does not believe to be applicable under this Item 6), none of
VP, E&P, EAM or Mr. Ewing, the Account or the IRA is a party to any contract,
arrangement, understanding or relationship among themselves or with any other
person with respect to any securities of the Issuer, including but not limited
to transfer or voting of any of the Common Stock, finder's fees, joint ventures,
loan or option arrangements, puts or calls, guarantees of profits, division of
profits or loss, the giving or
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 8 of 11 Pages
- ----------------------------------- -----------------------------------
withholding of proxies or pledge or otherwise subject to a contingency the
occurrence of which would give another person voting or investment power over
the Common Stock, other than the agreement among VP, E&P, EAM, Mr. Ewing, the
Account and the IRA with respect to the filing of this Amendment No. 9 and any
amendments thereto, which agreement is attached as Exhibit A hereto.
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 9 of 11 Pages
- ----------------------------------- -----------------------------------
Item 7. Material to be Filed as Exhibits
Exhibit A -- Agreement among VP, E&P, EAM and Mr. Ewing, the Account
and the IRA with respect to the filing of Amendment No. 9 to the Schedule 13D.
[This space intentionally left blank.]
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 10 of 11 Pages
- ----------------------------------- -----------------------------------
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, the undersigned certifies that the information set forth in
this Amendment No. 9 to the Schedule 13D is true, complete and correct.
Value Partners, Ltd.
By: Ewing & Partners,
its General Partner
/s/ Timothy G. Ewing
----------------------------
Timothy G. Ewing, Partner
Date: July 8, 1998
Ewing & Partners
By: /s/ Timothy G. Ewing
----------------------------
Timothy G. Ewing, Partner
Date: July 8, 1998
Timothy G. Ewing SARSEP IRA
By: /s/ Timothy G. Ewing
----------------------------
Timothy G. Ewing
Beneficiary
Date: July 8, 1998
Timothy G. Ewing IRA
By: /s/ Timothy G. Ewing
----------------------------
Timothy G. Ewing
Beneficiary
Date: July 8, 1998
<PAGE>
- ----------------------------------- -----------------------------------
CUSIP No. 593261 10 0 Page 11 of 11 Pages
- ----------------------------------- -----------------------------------
EXHIBIT A
AGREEMENT
This will confirm the agreement by and among all of the undersigned
that the Amendment No. 9 to the Schedule 13D filed on or about July 10, 1998,
and any amendments thereto with respect to the beneficial ownership of the
undersigned of the shares of Common Stock of Miami Computer Supply Corporation,
an Ohio corporation, is being filed on behalf of each of the parties named
below. This Agreement may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.
Value Partners, Ltd.
By: Ewing & Partners,
its General Partner
/s/ Timothy G. Ewing
-----------------------------
Timothy G. Ewing, Partner
Date: July 8, 1998
Ewing & Partners
By: /s/ Timothy G. Ewing
-----------------------------
Timothy G. Ewing, Partner
Date: July 8, 1998
Timothy G. Ewing SARSEP IRA
By: /s/ Timothy G. Ewing
-----------------------------
Timothy G. Ewing
Beneficiary
Date: July 8, 1998
Timothy G. Ewing IRA
By: /s/ Timothy G. Ewing
-----------------------------
Timothy G. Ewing
Beneficiary
Date: July 8, 1998
