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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Schlotzsky's Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
806832101
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing 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 of less of such class.) (See Rule 13d-7.)
*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).
Page 1 of 5 Pages
SEC 1745 (2-95)
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CUSIP NO. 806832101 13G PAGE 2 OF 5 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Munder Capital Management
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
5 SOLE VOTING POWER
742,095
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 742,095
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
742,095
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.0%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 806832101 13G Page 3 of 5 Pages
ITEM 1.
(a) Name of Issuer:
Schlotzsky's, Inc. (the "Company")
(b) Address of Issuer's Principal Executive Offices:
200 West Fourth Street
Austin, TX 78701
ITEM 2.
(a) Name of Person Filing:
Munder Capital Management ("Munder")
(b) Address of Principal Business Office, if none, Residence:
Munder Capital Center
480 Pierce Street, Suite 300
P.O. Box 3043
Birmingham, MI 48012-3043
(c) Citizenship:
Munder is a general partnership formed under the laws of the
State of Delaware
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
806832101
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
/X/ (e) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
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CUSIP NO. 806832101 13G Page 4 of 5 Pages
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
742,095 shares of Common Stock
(b) Percent of Class
10.03%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
742,095
(ii) shared power to vote or direct the vote:
0
(iii) sole power to dispose or to direct the disposition
of:
742,095
(iv) shared power to dispose or direct the disposition
of:
0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
While Munder is the beneficial owner of the shares of Common
Stock of the Company, Munder is the beneficial owner of such
stock on behalf of numerous clients who have the right to
receive and the power to direct the receipt of dividends
from, or the proceeds of the sale of, such Common Stock. No
such client has the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale
of, more than 5% of the Common Stock.
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
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CUSIP NO. 806832101 13G Page 5 of 5 Pages
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any such transaction having such purposes or effect.
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.
MUNDER CAPITAL MANAGEMENT,
a Delaware general partnership
By: /s/ Terry H. Gardner
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Dated: 9/10/98 Its: Vice President and CFO
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