ISOLYSER CO INC /GA/
SC 13G/A, 1999-02-04
ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549

                                  SCHEDULE l3G

                    Under the Securities Exchange Act of l934

                                (Amendment No. 4)



                             Isolyser Company, Inc.
                                (Name of Issuer)



                         Common Stock, $0.001 par value
                         (Title and Class of Securities)



                                   464888-10-6
                                 (CUSIP Number)








<PAGE>
CUSIP NO. 464888-10-6                                                Page 2 of 6


(1)      Names of Reporting Persons S.S. or I.R.S. Identification Nos.
         of Above Persons

                               Travis W. Honeycutt
                                 SS# ###-##-####

(2)      Check the Appropriate Box if a Member of a Group

         (a) ___.

         (b) ___.

(3)      SEC Use Only


(4)      Citizenship or Place of Organization

                                  United States


Number of Shares         (5)   Sole Voting Power         - 2,563,722*
Beneficially Owned by
Each Reporting Person    (6)   Shared Voting Power       -         0*
With
                         (7)   Sole Dispositive Power    - 2,563,722*

                         (8)   Shared Dispositive Power  -         0*


(9)      Aggregate Amount Beneficially Owned by Each Reporting Person

                                2,563,722 shares*

(10)     Check if Aggregate Amount in Row (9) Excludes Certain Shares ____.

(11)     Percent of Class Represented by Amount in Row 9

                                  6.4 percent*

(12)     Type of Reporting Person

                                       IN



<PAGE>
CUSIP NO. 464888-10-6                                                Page 3 of 6


*        Reflects a 2 for 1 split of the Common Stock of the  Company,  declared
         on September 1, 1995, which was effected as a stock dividend on October
         2, 1995 to  shareholders  of record on  September  15,  1995.  Includes
         40,000  shares of Common Stock which are issuable  upon the exercise of
         currently exercisable options.


<PAGE>
CUSIP NO. 464888-10-6                                                Page 4 of 6


Item l(a).        Name of Issuer:

                  Isolyser Company, Inc.

Item l(b).        Address of Issuer's Principal Executive Offices:

                  4320 International Boulevard
                  Norcross, Georgia  30093

Item 2(a).        Name of Person Filing:

                  See item (l) of the cover pages

Item 2(b).        Address of Principal Business Office:

                  4320 International Boulevard
                  Norcross, Georgia  30093

Item 2(c).        Citizenship:

                  See item (4) of cover pages

Item 2(d).        Title of Class of Securities:

                  Common Stock, $0.001 Par Value

Item 2(e).        CUSIP Number:

                  464888-10-6

Item 3.           Nature of Person Filing:

                  Not applicable

Item 4.           Ownership:

                  (a)      Amount Beneficially Owned:

                           See item (9) of cover pages

                  (b)      Percent of Class:

                           See item (11) of cover pages

                  (c)      Number of shares as to which such person has:
<PAGE>
CUSIP NO. 464888-10-6                                                Page 5 of 6


                         (i) sole power to vote or to direct the vote:

                             See item (5) of cover pages

                        (ii) shared power to vote or to direct the vote:

                             See item (6) of cover pages

                       (iii) sole power to dispose or to direct the disposition
                             of:

                             See item (7) of cover pages

                        (iv) shared  power  to  dispose  or  to  direct  the
                             disposition of:

                             See item (8) of cover pages

Item 5.  Ownership of Five Percent or Less of Class:

                  [      ]

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:

                  Not applicable


<PAGE>
CUSIP NO. 464888-10-6                                                Page 6 of 6


Signature.

         After reasonable inquiry the undersigned  certifies that to the best of
his knowledge and belief the  information  set forth in this  statement is true,
complete and correct.




/s/ Travis W. Honeycutt                      February 1, 1999
Travis W. Honeycutt                          Date

                  


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