Amendment Number 1 to Schedule 13G

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PmXpvMHBaTxIwizUa/9BIsj2Idqr8LEojmKVEN7/xYzXTLEtuRk//TUwpzBxizXh lJD2kdjgwghOCdNFCCs4Bw== 0001193125-04-001999.txt : 20040108 0001193125-04-001999.hdr.sgml : 20040108 20040108120258 ACCESSION NUMBER: 0001193125-04-001999 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040108 GROUP MEMBERS: BERNAY BOX GROUP MEMBERS: BERNAY BOX & CO., INC. GROUP MEMBERS: BONANZA MASTER FUND, LTD. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BONANZA CAPITAL LTD CENTRAL INDEX KEY: 0001249045 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8235 DOUGLAS AVENUE STREET 2: SUITE 423 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 2149874962 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOWRANCE ELECTRONICS INC CENTRAL INDEX KEY: 0000804073 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 440624411 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41519 FILM NUMBER: 04514844 BUSINESS ADDRESS: STREET 1: 12000 E SKELLY DR CITY: TULSA STATE: OK ZIP: 74128 BUSINESS PHONE: 9184376881 MAIL ADDRESS: STREET 1: 12000 E SKELLY DRIVE CITY: TULSA STATE: OK ZIP: 74128 SC 13G/A 1 dsc13ga.htm AMENDMENT NUMBER 1 TO SCHEDULE 13G Amendment Number 1 to Schedule 13G

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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. 1)*

Lowrance Electronics Inc

(Name of Issuer)

Common Stock, par value $0.1 per share

(Title of Class of Securities)

548900109

(CUSIP Number)

December 31, 2003

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

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).

CUSIP No. 548900109

13G

Page 2 of 8 Pages


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). BONANZA MASTER FUND, LTD.

2.		Check the Appropriate Box if a Member of a Group (a) ¨ (b) x

3.		SEC Use Only

4.		Citizenship or Place of Organization CAYMAN ISLANDS, BRITISH WEST INDIES

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5. Sole Voting Power

159,087

6. Shared Voting Power

-0-

7. Sole Dispositive Power

159,087

8. Shared Dispositive Power

-0-

9.		Aggregate Amount Beneficially Owned by Each Reporting Person 159,087

10.		Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨

11.		Percent of Class Represented by Amount in Row (9) 4.23%

12.		Type of Reporting Person (See Instructions) OO

CUSIP No. 548900109

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1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). BONANZA CAPITAL, LTD

2.		Check the Appropriate Box if a Member of a Group (a) ¨ (b) x

3.		SEC Use Only

4.		Citizenship or Place of Organization TEXAS

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5. Sole Voting Power

159,087

6. Shared Voting Power

-0-

7. Sole Dispositive Power

159,087

8. Shared Dispositive Power

-0-

9.		Aggregate Amount Beneficially Owned by Each Reporting Person 159,087

10.		Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨

11.		Percent of Class Represented by Amount in Row (9) 4.23%

12.		Type of Reporting Person (See Instructions) PN

CUSIP No. 548900109

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1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). BERNAY BOX & CO., INC.

2.		Check the Appropriate Box if a Member of a Group (a) ¨ (b) x

3.		SEC Use Only

4.		Citizenship or Place of Organization TEXAS

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5. Sole Voting Power

159,087

6. Shared Voting Power

- 0 -

7. Sole Dispositive Power

159,087

8. Shared Dispositive Power

- 0 - -

9.		Aggregate Amount Beneficially Owned by Each Reporting Person 159,087

10.		Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨

11.		Percent of Class Represented by Amount in Row (9) 4.23%

12.		Type of Reporting Person (See Instructions) CO

CUSIP No. 548900109

13G

Page 5 of 8 Pages


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). BERNAY BOX

2.		Check the Appropriate Box if a Member of a Group (a) ¨ (b) x

3.		SEC Use Only

4.		Citizenship or Place of Organization TEXAS

NUMBER OF

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5. Sole Voting Power

159,087

6. Shared Voting Power

- 0 - -

7. Sole Dispositive Power

159,087

8. Shared Dispositive Power

- 0 - -

9.		Aggregate Amount Beneficially Owned by Each Reporting Person 159,087

10.		Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨

11.		Percent of Class Represented by Amount in Row (9) 4.23%

12.		Type of Reporting Person (See Instructions) IN

CUSIP No. 548900109

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Item 1(a) Name of Issuer: The name of the Issuer is Lowrance Electronics Inc (the “Issuer”).

1(b) Address of Issuer’s Principal Executive Offices:

The Issuer’s principal executive offices are located at 12000 East Skelly Drive, Tulsa, Oklahoma 74128

Item 2(a) Name of Person Filing:

This statement is being filed on behalf of each of the following persons (the “Reporting Persons”): Bonanza Master Fund, Ltd. (the “Master Fund”), Bonanza Capital, Ltd. (the “Fund Manager”), Bernay Box & Co., Inc., (the “General Partner”), and Bernay Box, an individual resident in Texas (“Box”).

Item 2(b) Address of Principal Business Office or, if none, Residence.

The address of the principal business office of each of the Reporting Persons is 8235 Douglas Avenue, Suite 423, Dallas, Texas 75225.

Item 2(c) Citizenship:

The Master Fund is an exempted company incorporated in the Cayman Islands with limited liability. The Fund Manager is a Texas limited partnership. The General Partner is a Texas corporation. Box is an individual resident in Texas.

2(d) Title of Class of Securities:

This statement relates to shares of the Issuer’s Common Stock, par value $0.1 per share, of the Issuer (the “Common Stock”).

2(e) CUSIP Number:

The CUSIP number for the shares of Common Stock is 548900109.

Item 3 Not applicable.

Item 4 Ownership:

Pursuant to Rule 13d-3, at the close of business on 12/31/03, each of the Reporting Persons may be deemed to be the beneficial owner of 159,087 shares of the Common Stock, which constitute approximately 4.23% of the 3,761,196 shares of Common Stock outstanding at 10/31/ 2003 (according to the Issuer). Each of the Reporting Persons has the sole power to vote or to direct

CUSIP No. 548900109

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the vote of 206,100 shares of Common Stock; each of the Reporting Persons has the sole power to dispose or to direct the disposition of 206,100 shares of Common Stock.

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:

Not applicable.

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.

Item 9 Notice of Dissolution of Group:

Not applicable.

Item 10 CERTIFICATIONS:

By signing below each of the Reporting Persons certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 548900109

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SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Persons, each of the Reporting Persons certifies that the information set forth in this statement is true, complete and correct.

Pursuant to Rule 13d-1(k)(1)(ii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned Reporting Persons agree that the attached statement is filed on behalf of each of them in the capacities set forth below.

Dated: October 16, 2003

BONANZA MASTER FUND, LTD., an exempted company incorporated in the Cayman Islands with limited liability

By:		/s/ Don Seymour
Don Seymour, Director
By:		/s/ Aldo Ghisletta
Aldo Ghisletta, Director

BONANZA CAPITAL, LTD, a Texas limited partnership

By:		Bernay Box & Co., Inc.
Its:		General Partner

		By:		/s/ Bernay Box
		Bernay Box, President

BERNAY BOX & CO., INC., a Texas corporation

By:		/s/ Bernay Box
		Bernay Box, President

/s/ Bernay Box
Bernay Box

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