VALUE PARTNERS LTD /TX/
4, 2000-02-04
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- --------                                  UNITED STATES SECURITIES AND EXCHANGE COMMISSION             -----------------------------
 FORM 4                                                WASHINGTON, D.C. 20549                                   OMB APPROVAL
- --------                                                                                               -----------------------------
/ / CHECK THIS BOX IF NO                    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
    LONGER SUBJECT TO
    SECTION 16.  FORM 4 OR    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
    FORM 5 OBLIGATIONS MAY       Section 17(a) of the Public Utility Holding Company Act of 1935 or
    CONTINUE.  SEE                       Section 30(f) of the Investment Company Act of 1940
    INSTRUCTION 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person*     2. Issuer Name AND Ticker or Trading Symbol     6. Relationship of Reporting Person(s)
                                                                                                 to Issuer (Check all applicable)
                                                                                                    Director          X  10% Owner
   Value Partners, Ltd.                         Miami Computer Supply Corporation (MCSC)       ----                 ----
- ---------------------------------------------------------------------------------------------       Officer (give        Other
    (Last)        (First)        (Middle)    3. IRS or Social Security  4. Statement for       ----          title  ---- (specify
                                                Number of Reporting        Month/Year                        below)       below
                                                Person (Voluntary)         January 2000       -----------------  ------------------
   4514 Cole Avenue, Suite 808
- --------------------------------------------                            --------------------- 7. Individual or Joint/Group Filing
                  (Street)                      75-2291866-Value        5. If Amendment,          (Check Applicable Line)
                                                Partners Ltd.              Date of Original   ___Form filed by One Reporting Person
                                                75-2741747-Ewing &         (Month/Year)        X Form filed by More than One
   Dallas          Texas            75205       Partners                                      ---Reporting Person(1)
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    (City)       (State)            (Zip)        TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security               2. Trans-   3. Trans-     4. Securities Acquired (A)    5. Amount of     6. Owner-   7. Nature
   (Instr. 3)                         action      action        or Disposed of (D)            Securities       ship        of In-
                                      Date        Code          (Instr. 3, 4 and 5)           Beneficially     Form:       direct
                                                  (Instr. 8)                                  Owned at         Direct      Bene-
                                     (Month/                                                  End of           (D) or      ficial
                                      Day/     -------------------------------------------    Month            Indirect    Owner-
                                      Year)                               (A) or                               (I)         ship
                                                Code    V       Amount    (D)     Price       (Instr. 3        (Instr. 4) (Instr. 4)
                                                                                              and 4)
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    Common Stock                     1/18/00     S              10,300     D      $36.18        1,414,891       D(1)(2)
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    Common Stock                     1/19/00     S               8,500     D       34.69        1,406,391       D(1)(2)
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    Common Stock                     1/20/00     S             180,000     D       33.815       1,226,391       D(1)(2)
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    Common Stock                                                                                    3,000         I           (5)
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    Common Stock                                                                                   41,728         I           (4)
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    Common Stock                                                                                    3,725         I           (3)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).                                   SEC 1474 (7-97)

                              POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
                              CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
                              DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.

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FORM 4 (CONTINUED)          TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                                   (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)

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1. Title of Derivative Security     2. Conver-   3. Trans-   4. Transac-   5. Number of Deriv-      6. Date Exer-
   (Instr. 3)                          sion or      action      tion Code     ative Securities Ac-     cisable and Ex-
                                       Exercise     Date        (Instr. 8)    quired (A) or Dis-       piration Date
                                       Price of    (Month/                    posed of (D)             (Month/Day/
                                       Deriv-       Day/                      (Instr. 3, 4, and 5)     Year)
                                       ative        Year)
                                       Security

                                                                                                    --------------------

                                                                                                     Date      Expira-
                                                             --------------------------------------  Exer-     tion
                                                                                                     cisable   Date
                                                              Code    V        (A)        (D)
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7. Title and Amount of Under-       8. Price   9. Number     10. Owner-     11. Nature
   lying Securities                    of         of Deriv-      ship           of In-
   (Instr. 3 and 4)                    Deriv-     ative          Form           direct
                                       ative      Securi-        of De-         Bene-
                                       Secur-     ties           rivative       ficial
                                       ity        Bene-          Secu-          Own-
                                       (Instr.    ficially       rity:          ership
                                       5)         Owned          Direct         (Instr. 4)
                                                  at End         (D) or
                     Amount or                    of             Indi-
       Title         Number of                    Month          rect (I)
                     Shares                       (Instr. 4)     (Instr. 4)
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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)    These shares are owned by the Timothy G. Ewing SARSEP IRA Account. Timothy G. Ewing is a general partner of EP.
   (4)    These shares are owned by the Timothy G. Ewing IRA Account. Timothy G. Ewing is a general partner of EP.
   (5)    These shares are owned by the Timothy G. Ewing investment account. Timothy G. Ewing is a general partner of EP.


                                                                                      /s/ Timothy G. Ewing        February 3, 2000
                                                                            -----------------------------------  ----------------
                                                                                          Timothy G. Ewing,            Date
**Intentional misstatements or omissions of facts constitute                              General Partner
  Federal Criminal Violations.  SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                 Ewing & Partners

Note: File three copies of this Form, one of which must be manually signed.
      If space is insufficient, SEE Instruction 6 for procedure.

                                                                                                                              Page 2
                                                                                                                     SEC 1474 (7-97)
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