SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE l3G
Under the Securities Exchange Act of l934
(Amendment No. 3)
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
Robert L. Taylor
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 - 2,012,600*
Beneficially Owned by
Each Reporting Person (6) Shared Voting Power - 0*
With
(7) Sole Dispositive Power - 2,012,600*
(8) Shared Dispositive Power - 0*
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
2,012,600 shares*
(10) Check if Aggregate Amount in Row (9) Excludes Certain Shares ____.
(11) Percent of Class Represented by Amount in Row 9
5.0 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. Also includes 2,600 shares of Common
Stock held as custodian for the reporting person's minor child.
<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/ Robert L. Taylor February 1, 1999
Robert L. Taylor Date
