UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
TEGAL CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON
- --------------------------------------------------------------------------------
(Title of Class of Securities)
879008-10-0
------------------------------
(CUSIP Number)
David Nierenberg, The D3 Family Fund, 19605 NE 8th St., Camas, WA 98607
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(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
9/2/98
-------------------------------
(Date of Event which Requires
Filing of this Statement)
*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 the disclosures provided in a prior cover page.
The information required in 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).
1 of 13
<PAGE>
SCHEDULE 13D
------------
CUSIP No. 879008-10-0 Page 2 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The D3 Family Fund, L.P. (David Nierenberg is President of the General
Partner, which is Nierenberg Investment Management Company.)
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
WC
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Washington
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7) SOLE VOTING POWER
NUMBER OF
713,500 common shares (6.7%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
713,500
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 775,500 shares (7.3%)
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12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14) TYPE OF REPORTING PERSON*
PN
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<PAGE>
SCHEDULE 13D
------------
CUSIP No. 8790208-10-0 Page 3 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Haredale, Ltd.
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
WC
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
The Bahamas
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7) SOLE VOTING POWER
NUMBER OF
7,333 common shares (0.1%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
7,333
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 772,500 shares (7.3%)
--------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14) TYPE OF REPORTING PERSON*
CO
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<PAGE>
SCHEDULE 13D
------------
CUSIP No. 879008-10-0 Page 4 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sharptown Limited
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
WC
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Channel Islands, British Isles
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7) SOLE VOTING POWER
NUMBER OF
1,167 common shares (0.0%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
1,167
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 772,500 shares (7.3%)
--------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
--------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON*
CO
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<PAGE>
SCHEDULE 13D
------------
CUSIP No. 879008-10-0 Page 5 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James Henry Hildebrandt
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
WC
--------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Canadian Citizen residing in Hong Kong
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7) SOLE VOTING POWER
NUMBER OF
2,333 common shares (0.0%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
2,333
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 772,500 shares (7.3%)
--------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
--------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON*
IN
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<PAGE>
SCHEDULE 13D
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CUSIP No. 879008-10-0 Page 6 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Toxford Corporation
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
WC
--------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Channel Islands, British Isles
--------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF
1,167 common shares (0.0%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
1,167
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 772,500 shares (7.3%)
--------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
--------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON*
CO
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<PAGE>
SCHEDULE 13D
------------
CUSIP No. 879008-10-0 Page 7 of 13
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Nierenberg Family 1993 Trust
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ X ]
(b) [ ]
3) SEC USE ONLY _____________________________________________________________
4) SOURCE OF FUNDS
OO (Margin)
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5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Washington
--------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF
50,000 common shares (0.5%)
SHARES --------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY 0
--------------------------------------------------
EACH
9) SOLE DISPOSITIVE POWER
REPORTING
50,000
PERSON --------------------------------------------------
WITH 10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Aggregate amount owned is 772,500 shares (7.3%)
--------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
--------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON*
OO (Revocable Trust)
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<PAGE>
Page 8 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
The D3 Family Fund, L.P., a Washington State partnership, whose
principal business is investing in the equities of public micro-cap
issuers. Located at 19605 N.E. 8th St., Camas, Washington 98607.
No convictions or administrative proceedings as described in
Item 2(d) and (e).
Item 3. Source and Amount of Funds or Other Consideration
Source of funds is money invested in the partnership by its partners.
Aggregate amount invested in TGAL shares purchased by the partnership
is $2,641,142.50, including commissions.
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) D3's transactions in the last 60 days were the purchase of
500,000 common shares of TGAL through Robertson Stephens at
$2.9375 per share on September 2, 1998.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
N/A
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- -------------------- ------------------------------------
Date David Nierenberg
President
Nierenberg Investment Management
Company, Inc., the General Partner
Of The D3 Family Fund, L.P.
<PAGE>
Page 9 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
(a) Haredale Ltd., a Bahamian corporation.
(b) P.O. Box N-4465, Nassau, New Providence, The Bahamas.
(c) Haredale is in the investment business at the address above.
(d) None
(e) None
(f) The Bahamas.
Item 3. Source and Amount of Funds or Other Consideration
Haredale owns, and Mr. Nierenberg has sole voting and dispositive
power over, its 7,333 shares.
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) No trades during the past 60 days.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Haredale pays Mr. Nierenberg an annual management fee and a share
of its net profits for his personal management of its accounts.
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- ------------------- ------------------------------------
Date David Nierenberg
Authorized to trade for
Haredale, Ltd.
<PAGE>
Page 10 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
(a) Sharptown Limited, a Channel Islands corporation.
(b) P.O. Box 404, Pirouet House, Union St., St. Helier, Jersey
JE4 9WG, Channel Islands, British Isles.
(c) Sharptown Limited is in the investment business at the address
above.
(d) None
(e) None
(f) Channel Islands, British Isles.
Item 3. Source and Amount of Funds or Other Consideration
Sharptown Limited owns, and Mr. Nierenberg has sole voting and
dispositive power over, its 1,167 shares.
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) No trades during the past 60 days.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Sharptown Limited pays Mr. Nierenberg an annual management fee and a
share of its net profits for his personal management of its accounts.
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- -------------------- ------------------------------------
Date David Nierenberg
Authorized to trade for
Sharptown Limited
<PAGE>
Page 11 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
(a) James Henry Hildebrandt, an individual who is a citizen of Canada,
resident in Hong Kong.
(b) c/o Bain & Company, Tenth Floor, One Pacific Place, 88 Queensway,
Hong Kong.
(c) Mr. Hildebrandt is in the management consulting business.
(d) None
(e) None
(f) Canada
Item 3. Source and Amount of Funds or Other Consideration
Mr. Hildebrandt owns, and Mr. Nierenberg has sole voting and
dispositive power over, his 2,333 shares.
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) No trades during the past 60 days.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Mr. Hildebrandt pays Mr. Nierenberg an annual management fee and a
share of its net profits for his personal management of its accounts.
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- -------------------- ------------------------------------
Date David Nierenberg
Authorized to trade for
John Henry Hildebrandt
<PAGE>
Page 12 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
(a) Toxford Corporation, a Channel Islands corporation.
(b) P.O. Box 3048, St. Andrews House, Le Bordage, St. Peter Port,
Guernsey, Channel Islands, British Isles.
(c) Toxford Corporation is in the investment business at the address
above.
(d) None
(e) None
(f) Channel Islands, British Isles.
Item 3. Source and Amount of Funds or Other Consideration
Toxford Corporation owns, and Mr. Nierenberg has sole voting and
dispositive power over, its 1,167 shares.
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) No trades during the past 60 days.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Toxford Corporation pays Mr. Nierenberg an annual management fee and a
share of its net profits for his personal management of its accounts.
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- ------------------ ------------------------------------
Date David Nierenberg
Authorized to trade for
Toxford Corporation
<PAGE>
Page 13 of 13
Item 1. Security and Issuer
Common stock of Tegal Corporation (TGAL), 2201 South McDowell Blvd.,
Petaluma, California 94955.
Item 2. Identity and Background
(a) The Nierenberg Family 1993 Trust, Dated 6/11/93, David and
Patricia A. Nierenberg, Trustors and Trustees.
(b) 19605 N.E. 8th Street, Camas, Washington 98607
(c) Investment Management. Employed by Nierenberg Investment
Management Co., the General Partner at D3, at the address above.
(d) None
(e) None
(f) United States
Item 3. Source and Amount of Funds or Other Consideration
Margin borrowing from the trust's brokerage account at Robertson
Stephens & Co. Aggregrate amount invested by the trust is $146,875
Item 4. Purpose of Transaction
The purpose of purchasing the shares was for investment. None of the
other actions described in Items 4(a)-(j) are currently contemplated.
Item 5. Interest in Securities of the Issuer
(a,b) D3 owns, and has sole voting and dispositive power over, 713,500
common shares of TGAL (6.7%). In addition, 12,000 more common
shares of TGAL are owned by four foreign investors on whose
behalf Mr. Nierenberg is authorized to trade and The Nierenberg
Family 1993 Trust, which Mr. Nierenberg is trustee, owns 50,000
more TGAL shares. Aggregating these six investors, the group
controls a total of 775,500 TGAL shares (7.3%).
(c) The trust purchased 50,000 shares of TGAL through Robertson
Stephens at $2.9375 per share on September2, 1998.
(d) N/A
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
N/A
Item 7. Material to be Filed as Exhibits
N/A
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.
September 15, 1998 DAVID NIERENBERG
- -------------------- ------------------------------------
Date David Nierenberg
Authorized to trade for
The Nierenberg Family 1993 Trust
