BANKAMERICA CORP
SC 13G/A, 1998-02-06
NATIONAL COMMERCIAL BANKS
Previous: BANKAMERICA CORP, SC 13G/A, 1998-02-06
Next: BARNETT BANKS INC, SC 13G/A, 1998-02-06



<PAGE>
 
                                                   ---------------------------
                                                          OMB APPROVAL
                                                   ---------------------------
                                                   OMB number:       3235-0145
                                                   Expires:   December 31, 1997
                                                   Estimated average burden 
                                                   hours per response... 14.90
                                                   ---------------------------
                                                    



                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549
                                SCHEDULE 13G

                  UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            
                          (AMENDMENT NO.   1  )*  
                                         -----


                         American Buildings Company
         -------------------------------------------------------------
                                (Name of Issuer)

                                Common Stock
              ---------------------------------------------------
                        (Title of Class of Securities)

                                  024757106
                   -----------------------------------------
                                 (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 or 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>
 
- -----------------------                               
  CUSIP NO. 024757106                   13G           
- -----------------------                                
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      BankAmerica Corporation

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      Delaware   

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            -0-
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          35,000
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             -0-
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          35,000
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      35,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      .7%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      HC

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                                   Page 2 

<PAGE>
 
- -----------------------                                  
  CUSIP NO. 024757106                   13G                
- -----------------------                                  
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      Robertson Stephens Investment Management Co.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      Delaware   

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            -0-
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          35,000
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             -0-
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          35,000
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      35,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      .7%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      HC

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                                   Page 3 
<PAGE>
 
- -----------------------                                  
  CUSIP NO. 024757106                   13G              
- -----------------------                                  
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      Robertson, Stephens & Company Investment Management, L.P.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      California

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            -0-
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          35,000
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             -0-
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          35,000
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      35,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      .7%
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      IA

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                                   Page 4 


<PAGE>
 
Item 1(a) Name of Issuer:       American Buildings Company
          
      (b) Address of Issuer's   State Docks Road
          Principal Executive   P.O. Box 800
          Offices:              Eufala, AL 36027
          
          
Item 2(a) Name of Person        BankAmerica Corporation
          Filing:                 ("BAC")
                                Robertson Stephens Investment
                                  Management Co. ("RSIMC")
                                Robertson, Stephens & Company
                                  Investment Management, L.P.
                                  ("RSCIMLP")

      (b) Address of Principal  555 California Street
          Business Office:      San Francisco, CA  94104

      (c) Citizenship:          BAC and RSIMC are organized under   
                                the laws of Delaware. RSCIMLP is organized
                                under the laws of California.

      (d) Title of Class of     Common Stock
          Securities:

      (e) CUSIP Number:         024757106


Item 3    If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
          check whether the person filing is a:

      (a) [ ]  Broker or Dealer registered under Section 15 of the Act      

      (b) [ ]  Bank as defined in Section 3(a)(6) of the Act      

      (c) [ ]  Insurance Company as defined in Section 3(a)(19) of the Act      

      (d) [ ]  Investment Company registered under Section 8 of the Investment
               Company Act

      (e) [X]  Investment Adviser registered under Section 203 of the
               Investment Advisers Act of 1940

      (f) [ ]  Employee Benefit Plan, Pension Fund which is subject to the
               provisions of the Employee Retirement Income Security Act of
               1974 or Endowment Fund; see (S)240.13d-1(b)(1)(ii)(F)

                                   Page 5


<PAGE>
 
      (g)  [X]  Parent Holding Company, in accordance with (S)240.13d-
                1(b)(ii)(G) (Note: See Item 7) 

      (h)  [ ] Group, in accordance with (S)240.13d-1(b)(1)(ii)(H)


Item  4    Ownership*                

      (a)  Amount Beneficially Owned:*
                        BAC                                35,000
                        RSIMC                              35,000
                        RSCIMLP                            35,000
                        Other                              35,000

      (b)  Percent of Class:            
                        BAC                                   .7%   
                        RSIMC                                 .7%  
                        RSCIMLP                               .7%
                        Other                                 .7%  

      (c)  Number of shares as to which such person has:                      

           (i)   sole power to vote or direct the vote:            
                        BAC                                     0          
                        RSIMC                                   0          
                        RSCIMLP                                 0
                        Other                                   0

           (ii)  shared power to vote or direct 
                 the vote:        
                        BAC                                35,000
                        RSIMC                              35,000
                        RSCIMLP                            35,000
                        Other                              35,000

           (iii) sole power to dispose or direct 
                 the disposition of:
                        BAC                                     0          
                        RSIMC                                   0          
                        RSCIMLP                                 0
                        Other                                   0

- ------------------
*  By virtue of the corporate relationships between Reporting Persons as
described in Item 7, BAC (the parent company) may be deemed to possess indirect
beneficial ownership of shares beneficially owned directly by its subsidiaries.
Similarly, higher tier BAC subsidiaries may be deemed to possess indirect
beneficial ownership of shares beneficially owned directly by lower tier BAC
subsidiaries.  The power to vote and to dispose of shares may be deemed to be
shared between entities due to their corporate relationships.

** Beneficially owned by a fund managed by RSCIMLP which beneficially owns less 
than 5% of the shares of the Issuer.


                                   Page 6
<PAGE>
 
 
           (iv)  shared power to dispose or 
                 direct the disposition of:
                        BAC                               35,000
                        RSIMC                             35,000
                        RSCIMLP                           35,000
                        Other                             35,000

 
Item 5    Ownership of Five Percent or Less of a Class.

          If this statement is being filed to report the fact that as of the
          date hereof the reporting person has ceased to be the beneficial
          owner of more than five percent of the class of securities, check
          the following [X].

Item 6    Ownership of More than Five Percent on Behalf of Another Person.

          Not Applicable.

Item 7    Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on By the Parent Holding Company.

          See Item 2. BAC is a registered bank holding company. RSIMC is a
          Delaware corporation wholly-owned by BAC. RSCIMLP is a California
          limited partnership and an investment adviser. RSIMC is general
          partner of RSCIMLP.

Item 8    Identification and Classification of Members of the Group.

          Not Applicable.

Item 9    Notice of Dissolution of the Group.

          Not Applicable.

                                   Page 7

        

<PAGE>
 
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 transaction having such purposes or
          effect.


                                   Page 8


<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.

Date:  February 6, 1998


       BANKAMERICA CORPORATION*

       ROBERTSON STEPHENS INVESTMENT MANAGEMENT CO.*

       ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT, L.P.*


 
*By:   /s/ VENRICE R. PALMER

       Venrice R. Palmer
       Senior Counsel of
       Bank of America National Trust and Savings Association and Authorized
       Attorney-in-Fact (signing resolutions and powers of attorney are
       incorporated by reference to Schedule 13G Amendment #2 relating to
       Anaren Microwave, Inc.)

                                   Page 9


<PAGE>
 
                                   EXHIBIT A
                                   ---------  

                            JOINT FILING AGREEMENT
                            ----------------------

     The undersigned hereby agree that they are filing this statement jointly
pursuant to Rule 13d-1(f)(1).  Each of them is responsible for the timely filing
of such Schedule 13G and any amendments thereto, and for the completeness and
accuracy of the information concerning such person contained therein; but none
of them is responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.

Date:  February 6, 1998

       BANKAMERICA CORPORATION*

       ROBERTSON STEPHENS INVESTMENT MANAGEMENT CO.*

       ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT, L.P.*

 



*By:   /s/ VENRICE R. PALMER

       Venrice R. Palmer
       Senior Counsel of
       Bank of America National Trust and Savings Association and Authorized
       Attorney-in-Fact (signing resolutions and powers of attorney are
       incorporated by reference to Schedule 13G Amendment #2 relating to Anaren
       Microwave, Inc.)

                                    Page 10



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission