SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Solar Satellite Communications, Inc.
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(Name of Issuer)
Common New $0.001 Par Value
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(Title of Class of Securities)
833953 30 0
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(CUSIP Number)
(Continued on following page(s))
Page 1 of 5 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Troster Singer Division of Spear, Leeds & Kellogg
13-5515160
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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5. SOLE VOTING POWER
NUMBER OF 1,041,984
SHARES
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BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH
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REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 1,041,984
WITH
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8. SHARED DISPOSITIVE POWER
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,041,984
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.8%
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12. TYPE OF REPORTING PERSON
BD
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Item 1.
Item 1(a): Name of Issuer:
Solar Satellite Communications, Inc,
Item 1(b): Address of Issuer's Principal Executive Offices:
8100 E Arapahoe Rd
Suite 300
Englewood, CO 80112-1395
Item 2.
Item 2(a): Name of Person Filing:
Troster Singer-Division of Spear, Leeds & Kellogg
Item 2(b): Address of Principal Business Office or, if None,
Residence:
10 Exchange Place
Jersey City, NJ 07302
Item 2(c): Citizenship:
Limited Partnership organized under the laws of the State
of New York
Item 2(d): Title of Class of Securities:
Common New $0.001
Item 2(e): CUSIP Number:
833953 30 0
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Act,
Item 4. Ownership:
(a) Amount Beneficially Owned:
1,041,984
(b) Percent of Class:
13.8%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
1,041,984
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(ii) Shared power to vote or direct the vote:
0
(iii) Sole power to dispose or direct the disposition of:
1,041,984
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification.
By signing below, I certify, that to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having such
purpose or effect.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 11, 1997
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Date
TROSTER SINGER-DIVISION OF
SPEAR, LEEDS & KELLOGG
/s/ Carl H. Hewitt
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Signature
Carl H. Hewitt, General Counsel
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Name/Title
