-----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, BuPmjRaFFiKSwSrt5+9A0y7UKDaT++88zyPBetAe3YgRatW1ZaOm1eOyZqvlKWrA 6sOwlNWu7rRCXrLmQfduXw== 0000884300-99-000065.txt : 19990908 0000884300-99-000065.hdr.sgml : 19990908 ACCESSION NUMBER: 0000884300-99-000065 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990907 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DELPHI INFORMATION SYSTEMS INC /DE/ CENTRAL INDEX KEY: 0000814549 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 770021975 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-38591 FILM NUMBER: 99706841 BUSINESS ADDRESS: STREET 1: 3501 ALGONQUIN RD STREET 2: STE 500 CITY: ROLLING MEADOWS STATE: IL ZIP: 60008 BUSINESS PHONE: 7085063100 MAIL ADDRESS: STREET 1: 3501ALGOUQUIN ROAD CITY: ROLLING MEADOWS STATE: IL ZIP: 60008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PERKINS CAPITAL MANAGEMENT INC ET AL CENTRAL INDEX KEY: 0000884300 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 411501962 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 730 EAST LAKE STREET CITY: WAYZATA STATE: MN ZIP: 55391-1769 BUSINESS PHONE: 6124738367 MAIL ADDRESS: STREET 1: 730 EAST LAKE STREET CITY: WAYZATA STATE: MN ZIP: 55391 SC 13G/A 1 DELPHI13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __5__)* Delphi Information Systems, Inc. - ----------------------------------------------------------------------------- (Name of Issuer) Common Stock - ------------------------------------------------------------------------------ (Title of Class of Securities) 247171-10-1 - ------------------------------------------------------------------------------ (CUSIP Number) August 31, 1999 - ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /X/ Rule 13d-1(b) /_/ 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). SEC 1745 (2/92) Page 1 of 6 pages CUSIP No. 247171-10-1 13G/A Page 2 of 6 pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF THE ABOVE PERSON Perkins Capital Management, Inc. IRS ID No.: 41-1501962 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /_/ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION 730 East Lake Street, Wayzata, Minnesota, 55391-1769 NUMBER OF SHARES 5 SOLE VOTING POWER 255,000 BENEFICIALLY OWNED 6 SHARED VOTING POWER 0 BY EACH REPORTING 7 SOLE DISPOSITIVE POWER 415,400 PERSON WITH 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 190,400 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.2% 12 TYPE OF REPORTING PERSON* IA SEC 1745 (2/92) Page 2 of 6 pages CUSIP No. 247171-10-1 13G/A Page 3 of 6 pages 1. NAMES OF REPORTING PERSONS. IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) The Perkins Opportunity Fund 13-3682185 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /_/ (b) /_/ 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION A Massachusetts Business Trust Number of 5. Sole Voting Power 0 (refer to item five, page two of seven) shares bene- 6. Shared Voting Power ficially 0 owned by each 7. Sole Dispositive Power 0 (refer to item seven, page two of seven) reporting 8. Shared Dispositive Power person with: 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 225,000 10. CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES /_/ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 2.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IV SEC (1745) 02/92 Page 3 of 6 pages CUSIP No. 247171-10-1 13G Page 4 of 6 pages Item 1. (a) Name of Issuer Delphi Information Systems, Inc. (b) Address of Issuer's Pricipal Executive Offices 3501 Algonquin Road, Ste 500, Rolling Meadows, IL 60008 Item 2. (a) Name of Person Filing Perkins Capital Management, Inc. and the Perkins Opportunity Fund. (b) Address of Principal Business Office or, if none, residence 730 East Lake Street Wayzata, MN 55391-1769 (c) Citizenship A Minnesota Corporation A Massachusetts Business Trust (d) Title of Class of Securities Common Stock (e) CUSIP Number 247171-10-1 Item 3. If this statement is filed pursuant to Rule 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) (6) of the Act (d) /X/ 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 240.13d-1 (b) (1) (ii) (F) (g) /_/ Parent Holding Company, in accordance with 240.13d-1 (b) (ii) (G) (Note: See Item 7) SEC 1745 (2/92) Page 4 of 6 pages CUSIP No. 247171-10-1 13G/A Page 5 of 6 pages (h) /_/ Group, in accordance with 240.13d-1(b) (1) (ii) (H) Item 4. Ownership If the percent of the clas owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1 (b) (2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially Owned The total amount reported on is 415,400 common equivalents. Perkins Capital Management, Inc. holds 190,400 common equivalents, which includes 120,000 warrants exercisable within 60 days, for various clients. The Perkins Opportunity Fund holds 225,000 common equivalents. Perkins Capital Management, Inc. disclaims beneficial ownership of the Perkins Oppotunity Fund shares. (b) Percent of Class The total percent held is 4.7%, which includes 2.2% for the clients of Perkins Capital Management, Inc. and 2.5% held in the Perkins Opportunity Fund. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote Perkins Capital Management, Inc. has the sole power to vote 225,000 common equivalents which are held in the Perkins Opportunity Fund. (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of Perkins Capital Management, Inc. has the power to dispose of 415,400 common equivalents, which includes the 225,000 shares held by the Perkins Opportunity Fund. (iv) shared power to dispose or to direct the disposition of 0 Item 5. Ownership of Five Percent or Less of a Class The Perkins Opportunity Fund has decreased its' holdings to 2.5% of the shares. Other clients of Perkins Capital Management, Inc. hold only 2.2% of the shares. The aggregate of the two amounts is 4.7%, which is less that 5% of the class. Item 6. Ownership of more than Five Percent on Behalf of Another Person. None Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company None Item 8. Identification and Classification of Members of the Group None Item 9. Notice of Dissolution of Group None SEC 1745 (2/92) Page 5 of 6 pages CUSIP No. 247171-10-1 13G/A Page 6 of 6 pages Item 10. Certification By signing below I certify that, to the best of myu 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. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information se forth in this statement is true, complete and correct. JOINT FILING AGREEMNT PURSUANT TO RULE 13d-1(f)(1) This agreement is made pursuant to Rule 13d-1(f)(1) under the Securuties Exchange Act of 1934 (the "ACT") by and among the parties listed below, each referred to herein as a "Joint Filer". The Joint Filers agree that a statement of beneficial ownership as required by Section 13(d) of the ACT and the Rules thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G as appropriate and that said joint filing may therafter be amended by further joint filings. The Joint Filers state that to the best of their knowledge and belief they each satisfy the requirement for making a joint filing under Rule 13d-1. September 7, 1999 By /s/ Richard C. Perkins /s/ Steven J. Paggioli - -------------------------------- -------------------------------------- Perkins Capital Management, Inc. Perkins Opportunity Fund Series Richard C. Perkins Professionally Managed Portfolios VP/Portfolio Manager Steven J. Paggioli SEC 1745 (2/92) Page 6 of 6 pages -----END PRIVACY-ENHANCED MESSAGE-----