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| FORM 4 | OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Value Partners, Ltd.(1)
Ewing and Partners(2)
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(Last) (First) (Middle)
Suite 4660 West
2200 Ross Avenue
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(Street)
Dallas, Texas 75201
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Miami Computer Supply Corporation ("MCSC")
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
June, 1998
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5. If Amendment, Date of Original (Month/Year)
November, 1996
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ X ] Form filed by More than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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Common Stock 6/30/98 P 40,000 $16.00 1,265,691(3) D
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Common Stock 2,175(3) I (4)
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41,628(3) I (5)
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</TABLE>
(Over)
SEC 1474(7-96)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 4(b)(v).
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) Value Partners, Ltd. ("VP") is a Texas limited partnership and holds the
shares of Common Stock directly.
(2) Ewing & Partners ("EP") is a Texas general partnership and is the general
partner of VP.
(3) Effective April 24, 1998, the common stock of Miami Computer Supply
Corporation split 3-for-2, resulting in VP's acquisition of 368,564
additional shares of common stock, the Timothy G. Ewing SARSEP IRA Account's
acquisition of 725 additional shares of common stock, and the Timothy G.
Ewing IRA Account's acquisition of 13,876 additional shares of common stock.
(4) These shares are owned by the Timothy G. Ewing SARSEP IRA Account.
Timothy G. Ewing is a general partner of EP.
(5) These shares are owned by the Timothy G. Ewing IRA Account. Timothy G. Ewing
is a general partner of EP.
Value Partners, Ltd.
By: Ewing & Partners, General Partner July 8, 1998
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/s/ Timothy G. Ewing Date
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Signature of Reporting Person
Timothy G. Ewing
General Partner
Ewing & Partners
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If Space Provided is insufficient, see Instruction 6 for Procedure.
