UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
THE NETWORK CONNECTION, INC.
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(Name of Issuer)
Common Stock, Par Value $.001 per Share
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(Title of Class of Securities)
64120Q103
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(CUSIP Number)
Barry Pearl, 3565 Piedmont Road, N.E., Suite 210,
Atlanta, GA 30305, (404) 251-1207
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 2, 1996
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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 which is the subject of this Schedule 13D and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement / X /.
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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).
SCHEDULE 13D
CUSIP No. 64120Q103 Page 2 of 5 Pages
1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
INFINITY FUND, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF CLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7 SOLE VOTING POWER
253,126 Shares of Common Stock
8 SHARED VOTING POWER
9 SOLE DISPOSITIVE POWER
253,126
10 SHARED DISPOSITIVE POWER
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
253,126
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7% of common stock presently outstanding
14 TYPE OF REPORTING PERSON*
PN
Item 1. Security and Issuer
The class of securities to which this Schedule 13D relates is the
common stock, par value $.001 per share (the "Stock"), of The Network
Connection, Inc., a Georgia corporation (the "Company"), whose address
is:
1324 Union Hill Road
Alpharetta, GA 30201
Item 2. Identity and Background
a. Infinity Fund, L.P., a private limited partnership
formed under the laws of Georgia (the "reporting
person").
b. Principal Office and Business Address: 1324 Union
Hill Road, Alpharetta, Georgia 30201.
c. The principal business of the reporting person is
investing in and trading securities.
d. Neither the reporting person nor any person controlling
the reporting person has ever been the subject of a
criminal proceeding (excluding traffic violations or
similar misdemeanors).
e. Neither the reporting person nor any person controlling
the reporting person has ever been subject to any
judgment, decree or any order enjoining future
violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding
any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
All purchases of the Stock have been made with the investment
capital of the reporting person in the aggregate amount of approximately
$3,359,600. From time to time, the reporting person may borrow funds via
margin accounts with broker/dealers through which it executes trades. Such
leverage presently represents not more than 14% of the investment capital
of the reporting person.
Item 4. Purpose of Transaction
The Stock acquired by the reporting person has been purchased
for investment purposes. The reporting person may make additional purchases
or may dispose of some or all of the Stock owned by it in the future in
amounts and at times which have not been determined. The reporting
person has no present plans with regard to the Company other than as an
investor in the Stock.
Item 5. Interest in Securities of the Issuer
a. The reporting person is presently the beneficial owner
of 253,126 shares of the Stock.
b. The reporting person has sole voting power and sole
power to dispose or direct the disposition of and sole
right to receive dividends from or proceeds from the
sale of the Stock.
c. 75,000 shares of the stock were acquired in a private
placement from the Issuer in March, 1996. All other
shares beneficially owned by the reporting person
were acquired in open market transactions on the NASDAQ
Stock Market. 66,031 shares of Common Stock were acquired
during the 60-day period immediately preceding the date of
this Schedule 13D at market prices ranging from $10.56 to
$14.47 per share.
d. No other person is known to have the right to receive or
the power to direct the receipt of dividends from, or
the proceeds from the sale of, such securities.
e. Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
There are no contracts, arrangements, understandings or
relationships (legal or otherwise) between the reporting person and any
other person with respect to the securities of the Company.
Item 7. Material to be Filed as Exhibits
There are no exhibits with this Schedule 13D.
<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.
November 15, 1996
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Date
INFINITY FUND, L.P.
By: /s/ Mark K. Scott
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Signature
Manager, General Partner
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Name/Title
