-----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, SdKAkCaXzmC4XM7T//LiQXRl36xRmS8b41nwCkniSM7ANxPYerlAdxe7RDGkBYCb 3rqDflrle01rRB3+sU4xSQ== 0000912057-00-009181.txt : 20000307 0000912057-00-009181.hdr.sgml : 20000307 ACCESSION NUMBER: 0000912057-00-009181 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000301 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BITSTREAM INC CENTRAL INDEX KEY: 0000818813 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 042744890 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-47395 FILM NUMBER: 558552 BUSINESS ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174976222 MAIL ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTRINSIC VALUE ASSET MANAGEMENT CENTRAL INDEX KEY: 0001098026 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 24955 PACIFIC COURT HIGHWAY STREET 2: SUITE C-204 CITY: MALIBU STATE: CA ZIP: 90265 BUSINESS PHONE: 6175208619 MAIL ADDRESS: STREET 1: 24955 PACIFIC COURT HIGHWAY STREET 2: SUITE C-204 CITY: MALIBUR STATE: CA ZIP: 90265 SC 13G/A 1 SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* BITSTREAM INC. (Name of Issuer) CLASS A COMMON STOCK (Title of Class of Securities) 091736108 (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). 1. NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON INTRINSIC VALUE ASSET MANAGEMENT # ###-##-#### ________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] ________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA, U.S.A. ________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER 0 SHARES ___________________________________________ 6. SHARED VOTING POWER BENEFICIALLY 671,000 ___________________________________________ OWNED BY 7. SOLE DISPOSITIVE POWER EACH 671,000 REPORTING ____________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH 0 ________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 671,000 ________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] ________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.0% ________________________________________________________________________ 12. TYPE OF REPORTING PERSON* IA ________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Item 1. (a) Name of Issuer: Bitstream Inc. -------------- (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 215 First Street Cambridge, MA 02142 Item 2. (a) Name of Person Filing: Intrinsic Value Asset Management --------------------- (b) Address of Principal Business Office: ------------------------------------ Intrinsic Value Asset Management 24955 Pacific Coast Highway, Suite C-204 Malibu, California 90265 (c) Citizenship: Intrinsic Value Asset Management was formed in California. ----------- (d) Title of Class of Securities: Class A Common Stock ---------------------------- (e) CUSIP Number: 091736h108 ------------ 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)(19) of the Act. (d)_____ Investment company registered under Section 8 of the Investment Company Act of 1940. (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 Sec 240.13d-1(b)(1)(ii)(F). (g)_____ Parent Holding Company, in accordance with Sec 240.13d-1(b)(ii)(G) (Note: See Item 1). (h)_____ Group, in accordance with Sec 240.13d-1(b)(1)(ii)(H). Item 4. Ownership. (a) Amount beneficially owned: 671,000 shares may be deemed beneficially owned within the meaning of Rule 13d-3 of the Securities Exchange Act of 1934 by Intrinsic Value Asset Management. (b) Percent of Class: 9.0% (c) For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 of the Cover Page. 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: [ ] Item 6. Ownership of more than Five Percent on Behalf of Another Person. The shares of common stock to which this Schedule relates are held in investment advisory accounts of Intrinsic Value Asset Management. As a result, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities. The shares were purchased for investment purposes. Intrinsic Value Asset Management will work together with management to increase shareholder value. 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. 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. 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: March 1, 2000 INTRINSIC VALUE ASSET MANAGEMENT By: /s/ Ken Luskin ----------------------------------------- Ken Luskin -----END PRIVACY-ENHANCED MESSAGE-----