SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
LeCroy Corporation, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
52324W10
(CUSIP Number)
Check the following box if a fee is being paid with this statement: [ ]
PAGE 1 OF 3 PAGES
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CUSIP NO. 52324W10 PAGE 2 OF 3 PAGES
(1) NAME OF REPORTING PERSON Pilgrim Baxter & Associates
S.S. or I.R.S. IDENTIFCATION NO.
OF ABOVE PERSON 23-2797802
(2) CHECK THE APPROPRIATE BOX IF A (A) [ ]
MEMBER OF A GROUP* (B) [ ]
(3) SEC USE ONLY
(4) CITIZENSHIP OR
PLACE OF ORGANIZATION Pennsylvania
NUMBER OF (5) SOLE VOTING 724,400
SHARES POWER
OWNED BY (6) SHARED VOTING -0-
REPORTING POWER
PERSON (7) SOLE 724,400
WITH DISPOSITVE
POWER
(8) SHARED -0-
DISPOSITIVE
POWER
(9) AGGREGATE AMOUNT BENEFICALLY 724,400
OWNED BY EACH REPORTING PERSON
(10) CHECK BOX IF THE AGGREGATE AMOUNT [ ]
IN ROW (9) EXCLUDES CERTAIN SHARES*
(11) PERCENT OF CLASS REPRESENTED 10.58
BY AMOUNT IN ROW (9)
(12) TYPE OF REPORTING PERSON* IA
<PAGE>
PAGE 2 OF 3 PAGES
ITEM 2.
(a) NAME OF PERSON FILING Pilgrim Baxter & Associates
(b) ADDRESS OF PRINCIPAL BUSINESS OR, IF NONE, RESIDENCE
825 Duportail Road, Wayne, PA 19087
(c) CITIZENSHIP Pennsylvania
(d) TITLE OF CLASS OF SECURITIES Common Stock
(e) CUSIP NUMBER 52324W10
ITEM 4. OWNERSHIP
PLEASE SEE TO COVER PAGE
ITEM 10. CERTIFICATION
THE FOLLOWING CERITIFCATION SHALL BE INCLUDED IF THE STATEMENT IS FILED PURSUANT
TO RULE 13d-1(b):
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 INFLUENINCING THE CONTROL OF THE ISSUER OF SUCH SECURITIES AND WERE NOT
ACQUIRED IN CONNECTION WITH OR AS A PARTICIPANT IN ANY 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.
DATE: December 9, 1997
BY: /s/ Amy S. Yuter
TITLE: Chief Compliance Officer