UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDED SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
ELECTRONIC HAIR STYLING, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
285722104
(CUSIP Number)
David L. Hefflinger
Alan S. Parsow McGrath, North, Mullin
General Partner & Kratz, P.C.
P. O. Box 0449 1400 One Central Park Plaza
Elkhorn, NE 68022 Omaha, NE 68102
(402) 289-3217 with a copy to (402) 341-3070
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 23, 1997
(Date of Event which Required 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 [ ].
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 the 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.
<PAGE>
CUSIP NO. 285722104 13D Page 2 of 4 Pages
1. Name of Reporting Person
SS or IRS Identification Number of Above Person
Parsow Partnership, Ltd., a Limited Partnership / 47-0541937
2. Check the Appropriate Box if a Member of a Group
/X/ (a) / / (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
Nebraska
7. Sole Voting Power
339,200 Shares
Number of
Shares 8. Shared Voting Power
Beneficially
Owned by 0
Reporting
Person 9. Sole Dispositive Power
With
339,200 Shares
10. Shared Dispositive Power
0
11. Aggregate Amount Beneficially Owned by Each Reporting Person
339,200 Shares
12. Check Box if Aggregate Amount in Row 11 Excludes Certain
Shares
__
/_/
13. Percent of Class Represented by Amount in Row 11
Approximately 6.1% of voting securities
14. Type of Reporting Person
PN
<PAGE>
CUSIP NO. 285722104 13D Page 3 of 4 Pages
1. Name of Reporting Person
SS or IRS Identification Number of Above Person
Elkhorn Partners Limited Partnership / 47-0721875
2. Check the Appropriate Box if a Member of a Group
/X/ (a) / / (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
Nebraska
7. Sole Voting Power
105,000 Shares
Number of
Shares 8. Shared Voting Power
Beneficially
Owned by 0
Reporting
Person 9. Sole Dispositive Power
With
105,000 Shares
10. Shared Dispositive Power
0
11. Aggregate Amount Beneficially Owned by Each Reporting Person
105,000 Shares
12. Check Box if Aggregate Amount in Row 11 Excludes Certain
Shares
__
/_/
13. Percent of Class Represented by Amount in Row 11
Approximately 1.9% of voting securities
14. Type of Reporting Person
PN
<PAGE>
CUSIP NO. 285722104 13D Page 4 of 4 Pages
Parsow Partnership, Ltd. and Elkhorn Partners Limited
Partnership (the "Partnerships") make this filing to amend
certain information previously reported by the Partnerships.
This filing constitutes Amendment No. 1 to the Schedule 13D of
Parsow Partnership, Ltd. and Amendment No. 1 to the Schedule 13D
of Elkhorn Partners Limited Partnership. The Partnerships amend
such prior Schedule 13D reports with respect to the common stock
of Electronic Hair Styling, Inc. ("EHS") by adding the following
information to the item indicated:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUES.
Parsow Partnership, Ltd. purchased an aggregate of 71,200
shares of EHS common stock between December 20, 1996 and January
23, 1997 at prices ranging from $2.8325 to $3.17. Elkhorn
Partners Limited Partnership purchased an aggregate of 27,500
shares of EHS common stock between December 20, 1996 and January
23, 1997 at prices ranging from $2.8325 to $3.0625. The EHS Form
10-Q for the quarter ended September 30, 1996 reported that there
were outstanding 5,570,395 shares of EHS common stock as of
October 31, 1996. Based on this number, Parsow Partnership, Ltd.
owns approximately 6.1% of the EHS common stock and Elkhorn
Partners Limited Partnership owns approximately 1.9% of the EHS
common stock.
SIGNATURE
After due inquiry and to the best of my knowledge and
belief, I hereby certify that the information set forth in this
statement is true, complete and correct.
DATED: January 27, 1997
Elkhorn Partners Parsow Partnership, Ltd.,
Limited Partnership A Limited Partnership
By /s/ Alan S. Parsow By /s/ Alan S. Parsow
Alan S. Parsow Alan S. Parsow
General Partner General Partner
