SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 14)(1)
(Final Amendment)
MCSi, Inc.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
55270M 10 8
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(CUSIP Number)
Timothy G. Ewing
Ewing & Partners
4514 Cole Avenue, Suite 808
Dallas, Texas 75205
(214) 522-2100
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(Name, Address, Telephone Number of Person Authorized to Receive Notices and
Communications)
July 13, 2000
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(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 that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
(Page 1 of 10 Pages)
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(1)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).
CUSIP No. 55270M 10 8 13D Page 2 of 10 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ewing & Partners
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
Not applicable / /
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6. CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
-0-
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
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9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
-0-
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10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/X/
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON
PN
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CUSIP No. 55270M 10 8 13D Page 3 of 10 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Value Partners, Ltd.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
Not applicable / /
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6. CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
-0-
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
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9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
-0-
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10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/X/
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON
PN
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CUSIP No. 55270M 10 8 13D Page 4 of 10 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy G. Ewing SARSEP IRA Account
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
Not applicable / /
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6. CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
3,725
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
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9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
3,725
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10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,725
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/X/
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.03%
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14. TYPE OF REPORTING PERSON
EP
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CUSIP No. 55270M 10 8 13D Page 5 of 10 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy G. Ewing IRA Account
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
Not applicable / /
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6. CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
41,728
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
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9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
41,728
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10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
41,728
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/X/
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
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14. TYPE OF REPORTING PERSON
EP
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CUSIP No. 55270M 10 8 13D Page 6 of 10 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Timothy G. Ewing Investment Account
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
PF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
Not applicable / /
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6. CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
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7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER
3,000
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8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER
-0-
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9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER
3,000
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10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER
-0-
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/X/
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.02%
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14. TYPE OF REPORTING PERSON
EP
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CUSIP No. 55270M 10 8 13D Page 7 of 10 Pages
Amendment No. 14 to SCHEDULE 13D
This statement ("Amendment No. 14") amends the Schedule 13D, Amendment Nos.
1 through 13 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"), the Timothy G. Ewing IRA Account (the "IRA")
and the Timothy G. Ewing investment account (the "Investment Account") 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, February 17, 1998, July 10, 1998, September 24, 1998, February
4, 2000, March 7, 2000 and April 20, 2000, respectively, with respect to the
shares of common stock, no par value per share ("Common Stock"), of MCSi, Inc.,
a Maryland corporation (the "Issuer"). The Schedule 13D and Amendment Nos. 1
through 14 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 through 13. Notwithstanding this Amendment
No. 14, the Schedule 13D and Amendment Nos. 1 through 13 speak as of their
respective dates. The Schedule 13D is amended only to the extent set forth
below:
Item 5. INTEREST IN SECURITIES OF THE ISSUER
a. As of July 18, 2000, VP and E&P did not beneficially own
any of the Issuer's 12,118,699 outstanding shares of Common Stock as
reported in the Issuer's Form 10-Q for the quarter ended March 31, 2000
filed on May 15, 2000, by the Issuer with the Securities and Exchange
Commission.
c. The following table sets forth the date of sale, number
of shares of the Issuer's Common Stock sold and total sale price of such
shares for the transactions by VP and E&P in the Issuer's Common Stock
since the most recent filing of Schedule 13D on April 20, 2000.
Date of Sale No. of Shares Sold Price Per Share
------------ ------------------ ---------------
June 22, 2000 100,000 $23.625
June 27, 2000 16,000 $24.125
July 13, 2000 25,000 $22.00
July 18, 2000 659,000 $18.50
e. The reporting person ceased to be the beneficial owner of
more than five percent of the Issuer's Common Stock on July 18, 2000.
CUSIP No. 55270M 10 8 13D Page 8 of 10 Pages
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. 14, (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, Mr. Ewing, the Account, the Investment 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 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, Mr. Ewing, the Account, the
Investment Account and the IRA with respect to the filing of this Amendment
No. 14 and any amendments thereto, which agreement is attached as Exhibit A
hereto.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A -- Agreement among VP, E&P, Mr. Ewing, the Account, the
Investment Account and the IRA with respect to the filing of Amendment No. 14
to the Schedule 13D.
[This space intentionally left blank.]
CUSIP No. 55270M 10 8 Page 9 of 10 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. 14 to the Schedule 13D is true, complete and correct.
Value Partners, Ltd. Timothy G. Ewing IRA
By: Ewing & Partners,
its General Partner By: /s/Timothy G. Ewing
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Timothy G. Ewing
Beneficiary
/s/Timothy G. Ewing
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Timothy G. Ewing, Partner Date: July 20, 2000
Date: July 20, 2000
Ewing & Partners Timothy G. Ewing Investment Account
By: /s/Timothy G. Ewing By: /s/Timothy G. Ewing
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Timothy G. Ewing, Partner Timothy G. Ewing
Beneficiary
Date: July 20, 2000
Date: July 20, 2000
Timothy G. Ewing SARSEP IRA
By: /s/Timothy G. Ewing
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Timothy G. Ewing
Beneficiary
Date: July 20, 2000
CUSIP No. 55270M 10 8 Page 10 of 10 Pages
EXHIBIT A
AGREEMENT
This will confirm the agreement by and among all of the undersigned that
the Amendment No. 14 to the Schedule 13D filed on or about July 24, 2000, and
any amendments thereto with respect to the beneficial ownership of the
undersigned of the shares of Common Stock of MCSi, Inc., a Maryland
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. Timothy G. Ewing IRA
By: Ewing & Partners,
its General Partner By: /s/Timothy G. Ewing
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Timothy G. Ewing
Beneficiary
/s/Timothy G. Ewing
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Timothy G. Ewing, Partner Date: July 20, 2000
Date: July 20, 2000
Ewing & Partners Timothy G. Ewing Investment Account
By: /s/Timothy G. Ewing By: /s/Timothy G. Ewing
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Timothy G. Ewing, Partner Timothy G. Ewing
Beneficiary
Date: July 20, 2000
Date: July 20, 2000
Timothy G. Ewing SARSEP IRA
By: /s/Timothy G. Ewing
-------------------
Timothy G. Ewing
Beneficiary
Date: July 20, 2000
