-----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, GhsuW7UiVgBqiWnTXbpmcqfYOwIGWY3EiVtj+Kmt3XFnBZdnF5qDqVLjbMscWrTF biq3TsERskobqw1P0n05rg== 0000912057-01-544092.txt : 20020413 0000912057-01-544092.hdr.sgml : 20020413 ACCESSION NUMBER: 0000912057-01-544092 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011220 GROUP MEMBERS: DEVONSHIRE CAPITAL PARNTERS, LLC GROUP MEMBERS: GUADALUPE G. RUBIN IRA GROUP MEMBERS: J.B. RUBIN & COMPANY DEFINED CONTRIBUTION PLAN GROUP MEMBERS: J.B. RUBIN & COMPANY PROFIT SHARING PLAN GROUP MEMBERS: JAMES B. RUBIN GROUP MEMBERS: JAMES B. RUBIN, IRA GROUP MEMBERS: KINGSTREET, LTD. GROUP MEMBERS: M.D. SASS ASSOCIATES INC. EMPLOYEES PROFIT SHARING PLAN GROUP MEMBERS: MID OCEAN CAPITAL LTD. GROUP MEMBERS: RE/ENTERPRISE ASSET MANAGEMENT, LLC GROUP MEMBERS: RESURGENCE ASSET MANAGEMENT EMPLOYEE RETIREMENT PLAN GROUP MEMBERS: RESURGENCE ASSET MANAGEMENT, LLC GROUP MEMBERS: RESURGENCE ASSET MANAGMENT INTERNATIONAL, LLC GROUP MEMBERS: RESURGENCE PARALLEL FUND II, LLC GROUP MEMBERS: RESURGENCE PARALLEL FUND LLC FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RESURGENCE ASSET MANAGEMENT LLC /ADV CENTRAL INDEX KEY: 0001035953 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133916611 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10 NEW KING ST CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9142888600 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARCH WIRELESS INC CENTRAL INDEX KEY: 0000915390 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 311358569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44485 FILM NUMBER: 1818843 BUSINESS ADDRESS: STREET 1: 1800 W PARK DR STREET 2: STE 250 CITY: WESTBOROUGH STATE: MA ZIP: 01581 BUSINESS PHONE: 5088706700 MAIL ADDRESS: STREET 1: 1800 W PARK DR STREET 2: STE 250 CITY: WESTBOROUGH STATE: MA ZIP: 01581 FORMER COMPANY: FORMER CONFORMED NAME: ARCH COMMUNICATIONS GROUP INC /DE/ DATE OF NAME CHANGE: 19950914 FORMER COMPANY: FORMER CONFORMED NAME: USA MOBILE COMMUNICATIONS HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19950519 SC 13D/A 1 a2066368zsc13da.txt SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A (RULE 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a) (AMENDMENT NO. 1) Arch Wireless, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title and Class of Securities) 039381108 - -------------------------------------------------------------------------------- (CUSIP Number) James B. Rubin Resurgence Asset Management, L.L.C. 10 New King Street White Plains, New York 10604 Telephone: (914) 288-8600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 19, 2001 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |X|. NOTE. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 38 Pages) - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 2 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James B. Rubin Resurgence Asset Management, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None (1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None (1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None (1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Resurgence Asset Management, L.L.C. ("RAM") exercised voting and dispositive power over the Issuer's securities solely in its capacity as the general partner and sole investment advisor of M.D. Sass Corporate Resurgence Partners, L.P. and investment advisor to M.D. Sass Corporate Resurgence Partners II, L.P. Accordingly, RAM and M.D. Sass Corporate Resurgence Partners, L.P. may be deemed to have shared voting and dispositive power with each of M.D. Sass Corporate Resurgence Partners, L.P. and M.D. Sass Corporate Resurgence Partners II, L.P. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of RAM. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 3 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James B. Rubin Resurgence Asset Management International, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None (1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None (1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Resurgence Asset Management International, L.L.C. ("RAMI") exercised voting and dispositive power over the Issuer's securities solely in RAMI's capacity as sole special shareholder of and sole investment advisor of M.D. Sass Corporate Resurgence International, Ltd. Accordingly, RAMI may have been deemed to share voting and dispositive power with M.D. Sass Corporate Resurgence Partners International, Ltd. On July 1, 2001, M.D. Sass Re/Enterprise International, Ltd., which had been managed by RAMI, was consolidated with M.D. Sass Re/Enterprise Partners, L.P., and their respective assets were contributed to a single master portfolio called M.D. Sass Re/Enterprise Portfolio Company, L.P., which is managed by REAM. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of RAMI. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 4 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James B. Rubin Re/Enterprise Asset Management, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Re/Enterprise Asset Management L.L.C. ("REAM") exercised voting and dispositive power over the Issuer's securities (a) as the sole investment advisor to two employee pension plans and (b) as general partner and sole investment advisor of M.D. Sass Re/Enterprise Portfolio Company, L.P. ("Enterprise") and M.D. Sass Re/Enterprise II, L.P. ("Enterprise II"). Accordingly, REAM may have been deemed to share voting and dispositive power with each of the pension plans and with Enterprise and Enterprise II. On July 1, 2001, M.D. Sass Re/Enterprise International, Ltd., which was managed by RAMI, and M.D. Sass Re/Enterprise Partners, L.P., which was managed by REAM, were consolidated and their respective assets were contributed to a single master portfolio, Enterprise. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of REAM. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 5 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Kingstreet, Ltd. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Kingstreet, Ltd. is the wholly-owned subsidiary of the M.D. Sass Re/Enterprise International Irrevocable Trust II (the "Trust"). Accordingly, Kingstreet, Ltd. and the Trust may have been deemed to share voting and dispositive power over the Issuer's securities. Voting and dispositive power on behalf of the Trust is exercised through its trustee, CITCO Trustees Company (BVI) Ltd. The sole director of Kingstreet, Ltd. is CTC Corporation, Ltd. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 6 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resurgence Parallel Fund, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None (1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None (1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Resurgence Parallel Fund, L.L.C.'s managers, Martin D. Sass, Hugh R. Lamle and Martin E. Winter, exercised voting and dispositive power over the Issuer's securities. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 7 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) M.D. Sass Associates Inc. Employees Profit Sharing Plan (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The trustee of M.D. Sass Associates, Inc. Employees Profit Sharing Plan is Martin E. Winter. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 8 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James B. Rubin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITHb 9 SOLE DISPOSITIVE POWER None ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 9 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Devonshire Capital Partners, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The manager of Devonshire Capital Partners, L.L.C. ("Devonshire"), Thomas A. Larkin, is responsible for ordinary management and investment decisions. However, the voting of certain securities in which Devonshire owns more than 5% of the voting power must be approved of a majority of the Class A members. Class A members of Devonshire are James B. Rubin, Guadalupe G. Rubin and Thomas A. Larkin. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 10 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) J.B. Rubin & Company Profit Sharing Plan (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The trustee of J.B. Rubin & Company Profit Sharing Plan is James B. Rubin. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 11 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Guadalupe G. Rubin IRA (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Voting and dispositive power is executed by Guadalupe G. Rubin. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 12 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James B. Rubin, IRA (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Voting and dispositive power is executed by James B. Rubin. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 13 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resurgence Parallel Fund II, L.L.C. (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Resurgence Parallel Fund II, L.L.C.'s managers, Martin D. Sass, Hugh R. Lamle and Martin E. Winter, exercised voting and dispositive power over the Issuer's securities. - ----------------------- ---------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 14 OF 38 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Resurgence Asset Management Employee Retirement Plan (1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None(1) ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING ------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) ------------------------------------------------ 10 SHARED DISPOSITIVE POWER None - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The trustee of Resurgence Asset Management Employee Retirement Plan is James B. Rubin. - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 15 OF 38 PAGES - ------------------ ------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) J. B. Rubin & Company Defined Contribution Plan (1) - ------------------ ------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - ------------------ ------------------------------------------------------------- 3 SEC USE ONLY - ------------------ ------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ------------------ ------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------ ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION N/A - ------------------------------- -------- --------------------------------------- 7 SOLE VOTING POWER None(1) -------- --------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY EACH REPORTING -------- --------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER None(1) -------- --------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------ ------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - ------------------ ------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ------------------ ------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - ------------------ ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* EP - ------------------ ------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The trustee of the J. B. Rubin & Company Defined Contribution Plan is James B. Rubin. - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 16 OF 38 PAGES - ------------------ ------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Mid Ocean Capital Ltd. (1) - ------------------ ------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - ------------------ ------------------------------------------------------------- 3 SEC USE ONLY - ------------------ ------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ------------------ ------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) |_| - ------------------ ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - ------------------------------- -------- --------------------------------------- 7 SOLE VOTING POWER None(1) -------- --------------------------------------- NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY -------- --------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH None(1) -------- --------------------------------------- 10 SHARED DISPOSITIVE POWER None - ------------------ ------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None(1) - ------------------ ------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ------------------ ------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Not applicable - ------------------ ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ------------------ ------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) Mid Ocean Capital Ltd. is the wholly-owned subsidiary of the M.D. Sass Corporate Resurgence International Irrevocable Trust B (the "Trust"). Accordingly, Mid Ocean Capital Ltd. and the Trust may have been deemed to share voting and dispositive power over the Issuer's securities. Voting and dispositive power over the Issuer's securities is exercised through CITCO Trustees (BVI) Ltd. The sole director of Mid Ocean Capital Ltd. is CTC Corporation, Ltd. - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 17 OF 38 PAGES - ------------------------ -------------------- This Amendment No. 1 (this "Amendment") to the Schedule 13D filed on July 3, 2001(the "Schedule 13D") relates to Common Stock (the "Common Stock") of Arch Wireless, Inc., a Delaware corporation ("Issuer"). This filing is made by Resurgence Asset Management, L.L.C., Resurgence Asset Management International, L.L.C., Re/Enterprise Asset Management, L.L.C., Kingstreet Ltd., Resurgence Parallel Fund L.L.C., M.D. Sass Associates, Inc. Employees Profit Sharing Plan, James B. Rubin, Devonshire Capital Partners, L.L.C., J.B. Rubin & Company Profit Sharing Plan, Guadalupe G. Rubin IRA, James B. Rubin IRA, Resurgence Parallel Fund II, LLC, Resurgence Asset Management Employee Retirement Plan, J.B. Rubin & Company Defined Contribution Plan, and Mid Ocean Capital Ltd. (collectively, the "Reporting Persons"). Pursuant to this Amendment, the Reporting Persons hereby amend Items 4, 5 and 7 to the Schedule 13D as set forth in this Amendment. ITEM 4. PURPOSE OF TRANSACTION Item 4 to the Schedule 13D is hereby amended to add the following as a new paragraph at the end thereof: "Between November 7, 2001 and December 7, 2001, the Reporting Persons sold all 16,239,776 shares of the Common Stock beneficially owned by them and as such no longer oppose the restructuring plan originally proposed by the Issuer. The Issuer also filed a voluntary petition under Chapter 11 of the Bankruptcy Code on December 6, 2001. None of the Reporting Persons presently has any plans or proposals that relate to or otherwise result in any matter required to be disclosed in response to paragraphs (a) through (i) of Item 4 of Schedule 13D. " ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 to the Schedule 13D is hereby amended and restated in its entirety as follows: (a) - (b) See Rows 7, 9, 11 and 13 of each cover page. (c) Between November 7, 2001 and December 7, 2001, the Reporting Persons sold all 16,239,776 shares of the Common Stock beneficially owned by them at a price per share ranging from $0.01350 to $0.04500 in open market transactions. For information about each sale, see Exhibit 3 hereto. (d) No person other than those named in Item 2 to this Schedule 13D is known to have the right to receive or the power to direct the receipt of the proceeds from the sale of shares of Common Stock beneficially owned by the Reporting Persons. (e) December 5, 2001. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1 Agreement as to Joint Filing of Schedule 13D Exhibit 2 Disclaimer of Beneficial Ownership Exhibit 3 Schedule of Sales - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 18 OF 38 PAGES - ------------------------ -------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: December 20, 2001 RESURGENCE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair KINGSTREET LTD. /S/ CTC CORPORATION, LTD -------------------------------------------- CTC Corporation, Ltd, Director RESURGENCE PARALLEL FUND, L.L.C. BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Member M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT SHARING PLAN BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Trustee JAMES B. RUBIN /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin J.B. RUBIN & COMPANY PROFIT SHARING PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee RESURGENCE ASSET MANAGEMENT EMPLOYEE RETIREMENT PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 19 OF 38 PAGES - ------------------------ -------------------- DEVONSHIRE CAPITAL PARTNERS, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Member GUADALUPE G. RUBIN IRA BY: /S/ GUADALUPE G. RUBIN -------------------------------------------- Guadalupe G. Rubin, Beneficiary JAMES B. RUBIN IRA BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Beneficiary RESURGENCE PARALLEL FUND II, LLC BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Member J.B. RUBIN & COMPANY DEFINED CONTRIBUTION PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee MID OCEAN CAPITAL LTD. /S/ CTC CORPORATION, LTD. --------------------------------------------- CTC Corporation, Ltd., Director - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 20 OF 38 PAGES - ------------------------ -------------------- EXHIBIT INDEX TO SCHEDULE 13D ARCH WIRELESS, INC. Exhibit 1 Agreement between Resurgence Asset Management, L.L.C. ("RAM"), Resurgence Asset Management International, L.L.C. ("RAMI"), Re/Enterprise Asset Management, L.L.C. ("REAM"), Kingstreet Ltd., Resurgence Parallel Fund L.L.C. ("Parallel Fund I"), M.D. Sass Associates, Inc. Employees Profit Sharing Plan ("SAEPS"), James B. Rubin, Devonshire Capital Partners, L.L.C. ("Devonshire"), J.B. Rubin & Company Profit Sharing Plan (the "Rubin Plan"), Guadalupe G. Rubin IRA, James B. Rubin IRA, Resurgence Parallel Fund II, LLC ("Parallel Fund II"), Resurgence Asset Management Employee Retirement Plan ("RAM Plan"), J. B. Rubin & Company Defined Contribution Plan ("Rubin Contribution Plan") and Mid Ocean Capital Ltd. as to joint filing of Schedule 13D. Exhibit 2 Disclaimer of Beneficial Ownership by RAM, RAMI and REAM. Exhibit 3 Schedule of Sales - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 21 OF 38 PAGES - ------------------------ -------------------- EXHIBIT 1 AGREEMENT AS TO JOINT FILING OF SCHEDULE 13D Each of the undersigned hereby affirms that it is individually eligible to use Schedule 13D, and agrees that this amendment to Schedule 13D is filed on its behalf. Dated: December 20, 2001 RESURGENCE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair KINGSTREET LTD. /S/ CTC CORPORATION, LTD. -------------------------------------------- CTC Corporation, Ltd., Director RESURGENCE PARALLEL FUND, L.L.C. BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Member M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT SHARING PLAN BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Trustee JAMES B. RUBIN /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin J.B. RUBIN & COMPANY PROFIT SHARING PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 22 OF 38 PAGES - ------------------------ -------------------- RESURGENCE ASSET MANAGEMENT EMPLOYEE RETIREMENT PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee DEVONSHIRE CAPITAL PARTNERS, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Member GUADALUPE G. RUBIN IRA BY: /S/ GUADALUPE G. RUBIN -------------------------------------------- Guadalupe G. Rubin, Beneficiary JAMES B. RUBIN IRA BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Beneficiary RESURGENCE PARALLEL FUND II, LLC BY: /S/ MARTIN E. WINTER -------------------------------------------- Martin E. Winter, Member J.B. RUBIN & COMPANY DEFINED CONTRIBUTION PLAN BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Trustee MID OCEAN CAPITAL LTD. /S/ CTC CORPORATION, LTD. --------------------------------------------- CTC Corporation, Ltd., Director - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 23 OF 38 PAGES - ------------------------ -------------------- EXHIBIT 2 DISCLAIMER OF BENEFICIAL OWNERSHIP Each of the undersigned disclaims beneficial ownership of the securities referred to in the Schedule 13D to which this exhibit is attached, and the filing of this Schedule 13D shall not be construed as an admission that any of the undersigned is, for the purpose of Section 13D or 13G of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this Schedule 13D. Dated: December 20, 2001 RESURGENCE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. BY: /S/ JAMES B. RUBIN -------------------------------------------- James B. Rubin, Co-Chair - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 24 OF 38 PAGES - ------------------ ------------------------------------------------------------- EXHIBIT 3 SCHEDULE OF SALES RESURGENCE ASSET MANAGEMENT, L.L.C.1 - -------------------------------------------------------------------------------- - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 7, 2001 487,000 0.04500 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 8, 2001 48,647 0.04010 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 12, 2001 24,322 0.03300 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 13, 2001 72,969 0.03300 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 15, 2001 97,294 0.03000 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 16, 2001 145,938 0.02500 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 19, 2001 291,876 0.02600 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 20, 2001 291,876 0.02800 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 21, 2001 236,678 0.02800 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 29, 2001 184,059 0.01900 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ November 30, 2001 433,080 0.01880 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ December 3, 2001 433,081 0.01510 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ December 4, 2001 433,080 0.01350 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ December 5, 2001 433,080 0.01440 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ December 6, 2001 3,395,238 0.01740 - ------------------------------ ------------------------ ------------------ - ------------------------------ ------------------------ ------------------ December 7, 2001 205,713 0.01420 - ------------------------------ ------------------------ ------------------ - -------- 1 Resurgence Asset Management, L.L.C. ("RAM") exercised voting and dispositive power over the Issuer's securities solely in its capacity as the general partner and sole investment advisor of M.D. Sass Corporate Resurgence Partners, L.P. and investment advisor to M.D. Sass Corporate Resurgence Partners II, L.P. Accordingly, RAM and M.D. Sass Corporate Resurgence Partners, L.P. may be deemed to have shared voting and dispositive power with each of M.D. Sass Corporate Resurgence Partners, L.P. and M.D. Sass Corporate Resurgence Partners II, L.P. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of RAM. - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 25 OF 38 PAGES - ------------------ ------------------------------------------------------------- RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C.2 - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 7, 2001 201,000 0.04500 - ------------------------------- ------------------------ ----------------- November 8, 2001 20,125 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 10,063 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 30,188 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 40,250 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 60,376 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 120,753 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 120,753 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 103,195 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 94,424 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 222,174 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 222,174 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 222,174 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 222,174 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 1,741,792 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 105,532 0.01420 - ------------------------------- ------------------------ ----------------- - -------- 2 Resurgence Asset Management International, L.L.C. ("RAMI") exercised voting and dispositive power over the Issuer's securities solely in RAMI's capacity as sole special shareholder of and sole investment advisor of M.D. Sass Corporate Resurgence International, Ltd.. Accordingly, RAMI may have been deemed to share voting and dispositive power with M.D. Sass Corporate Resurgence Partners International Ltd. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of RAMI. - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 26 OF 38 PAGES - ----------------------- --------------------- RE/ENTERPRISE ASSET MANAGEMENT, L.L.C.3 - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 7, 2001 258,000 0.04500 - ------------------------------ ------------------------ ------------------ November 8, 2001 25,798 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 12,899 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 38,697 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 51,596 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 77,395 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 154,788 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 154,788 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 132,281 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 121,038 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 284,797 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 284,796 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 284,797 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 284,796 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 2,232,743 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 135,279 0.01420 - ------------------------------ ------------------------ ------------------ - -------- 3 Re/Enterprise Asset Management L.L.C. ("REAM") exercised voting and dispositive power over the Issuer's securities (a) as the sole investment advisor to two employee pension plans and (b) as general partner and sole investment advisor of M.D. Sass Re/Enterprise Portfolio Company, L.P. ("Enterprise") and M.D. Sass Re/Enterprise II, L.P. ("Enterprise II"). Accordingly, REAM may have been deemed to share voting and dispositive power with each of the pension plans and with Enterprise and Enterprise II. Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day-to-day investment activities of REAM. - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 27 OF 38 PAGES - ----------------------- --------------------- KINGSTREET, LTD. - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 7, 2001 5,000 0.04500 - ------------------------------ ------------------------ ------------------ November 8, 2001 526 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 263 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 789 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 1,052 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 1,578 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 3,157 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 3,157 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 2,698 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 2,468 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 5,808 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 5,808 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 5,808 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 5,808 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 45,536 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 2,759 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- --------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 28 OF 38 PAGES - ----------------------- --------------------- RESURGENCE PARALLEL FUND, L.L.C. - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 7, 2001 14,000 0.04500 - ------------------------------ ------------------------ ------------------ November 8, 2001 1,368 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 684 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 2,052 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 2,736 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 4,104 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 8,209 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 8,209 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 7,015 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 6,419 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 15,103 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 15,103 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 15,103 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 15,103 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 118,402 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 7,174 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 29 OF 38 PAGES - ------------------------ -------------------- M.D. SASS ASSOCIATES EMPLOYEE PROFIT SHARING PLAN - -------------------------------------------------------------------------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 7, 2001 2,000 0.04500 - ------------------------------ ------------------------ ------------------ November 8, 2001 180 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 90 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 270 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 360 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 540 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 1,079 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 1,080 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 923 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 844 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 1,986 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 1,986 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 1,986 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 1,986 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 15,572 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 943 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 30 OF 38 PAGES - ------------------------ -------------------- JAMES B. RUBIN - -------------------------------------------------------------------------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ----------------------------- ---------------------------- --------------------- November 7, 2001 14,000 0.04500 - ----------------------------- ---------------------------- --------------------- November 8, 2001 1,363 0.04010 - ----------------------------- ---------------------------- --------------------- November 12, 2001 682 0.03300 - ----------------------------- ---------------------------- --------------------- November 13, 2001 2,045 0.03300 - ----------------------------- ---------------------------- --------------------- November 15, 2001 2,726 0.03000 - ----------------------------- ---------------------------- --------------------- November 16, 2001 4,090 0.02500 - ----------------------------- ---------------------------- --------------------- November 19, 2001 8,179 0.02600 - ----------------------------- ---------------------------- --------------------- November 20, 2001 8,179 0.02800 - ----------------------------- ---------------------------- --------------------- November 21, 2001 6,990 0.02800 - ----------------------------- ---------------------------- --------------------- November 29, 2001 6,396 0.01900 - ----------------------------- ---------------------------- --------------------- November 30, 2001 15,049 0.01880 - ----------------------------- ---------------------------- --------------------- December 3, 2001 15,049 0.01510 - ----------------------------- ---------------------------- --------------------- December 4, 2001 15,049 0.01350 - ----------------------------- ---------------------------- --------------------- December 5, 2001 15,049 0.01440 - ----------------------------- ---------------------------- --------------------- December 6, 2001 117,982 0.01740 - ----------------------------- ---------------------------- --------------------- December 7, 2001 7,148 0.01420 - ----------------------------- ---------------------------- --------------------- - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 31 OF 38 PAGES - ------------------------ -------------------- DEVONSHIRE CAPITAL PARTNERS, L.L.C. - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 7, 2001 9,000 0.04500 - ------------------------------ ------------------------ ------------------ November 8, 2001 875 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 437 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 1,312 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 1,750 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 2,624 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 5,249 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 5,249 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 4,486 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 4,104 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 9,657 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 9,657 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 9,657 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 9,657 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 75,713 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 4,587 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 32 OF 38 PAGES - ------------------------ -------------------- J.B. RUBIN & COMPANY PROFIT SHARING PLAN - -------------------------------------------------------------------------------- - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 8, 2001 11 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 6 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 17 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 22 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 33 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 66 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 66 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 56 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 52 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 122 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 122 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 122 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 122 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 953 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 58 0.01420 - ------------------------------- ------------------------ ----------------- - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 33 OF 38 PAGES - ------------------------ -------------------- GUADALUPE G. RUBIN IRA - -------------------------------------------------------------------------------- - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 8, 2001 42 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 21 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 63 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 84 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 127 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 253 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 253 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 216 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 198 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 466 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 466 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 466 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 466 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 3,651 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 221 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 34 OF 38 PAGES - ------------------------ -------------------- JAMES B. RUBIN IRA - -------------------------------------------------------------------------------- - ------------------------------ ------------------------ ------------------ DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------ ------------------------ ------------------ November 8, 2001 51 0.04010 - ------------------------------ ------------------------ ------------------ November 12, 2001 26 0.03300 - ------------------------------ ------------------------ ------------------ November 13, 2001 77 0.03300 - ------------------------------ ------------------------ ------------------ November 15, 2001 102 0.03000 - ------------------------------ ------------------------ ------------------ November 16, 2001 153 0.02500 - ------------------------------ ------------------------ ------------------ November 19, 2001 306 0.02600 - ------------------------------ ------------------------ ------------------ November 20, 2001 306 0.02800 - ------------------------------ ------------------------ ------------------ November 21, 2001 262 0.02800 - ------------------------------ ------------------------ ------------------ November 29, 2001 239 0.01900 - ------------------------------ ------------------------ ------------------ November 30, 2001 563 0.01880 - ------------------------------ ------------------------ ------------------ December 3, 2001 563 0.01510 - ------------------------------ ------------------------ ------------------ December 4, 2001 563 0.01350 - ------------------------------ ------------------------ ------------------ December 5, 2001 563 0.01440 - ------------------------------ ------------------------ ------------------ December 6, 2001 4,416 0.01740 - ------------------------------ ------------------------ ------------------ December 7, 2001 268 0.01420 - ------------------------------ ------------------------ ------------------ - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 35 OF 38 PAGES - ------------------------ -------------------- RESURGENCE PARALLEL FUND II, L.L.C. - -------------------------------------------------------------------------------- - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 7, 2001 2,000 0.04500 - ------------------------------- ------------------------ ----------------- November 8, 2001 196 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 98 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 294 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 392 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 588 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 1,176 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 1,176 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 1,005 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 920 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 2,164 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 2,164 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 2,164 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 2,164 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 16,965 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 1,028 0.01420 - ------------------------------- ------------------------ ----------------- - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 36 OF 38 PAGES - ------------------------ -------------------- RESURGENCE ASSET MANAGEMENT, L.L.C. EMPLOYEE RETIREMENT PLAN - -------------------------------------------------------------------------------- - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 8, 2001 15 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 8 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 23 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 30 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 46 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 92 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 91 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 78 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 72 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 168 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 168 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 168 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 168 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 1,321 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 80 0.01420 - ------------------------------- ------------------------ ----------------- - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 37 OF 38 PAGES - ------------------------ -------------------- J.B RUBIN & COMPANY DEFINED CONTRIBUTION PLAN - -------------------------------------------------------------------------------- - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 7, 2001 7,000 0.04500 - ------------------------------- ------------------------ ----------------- November 8, 2001 724 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 362 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 1,086 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 1,448 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 2,172 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 4,345 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 4,345 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 3,713 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 3,398 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 7,994 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 7,994 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 7,994 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 7,994 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 62,675 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 3,797 0.01420 - ------------------------------- ------------------------ ----------------- - ----------------------- -------------------- CUSIP No. 039381108 SCHEDULE 13D PAGE 38 OF 38 PAGES - ------------------------ -------------------- MID OCEAN CAPITAL, LTD. - -------------------------------------------------------------------------------- - ------------------------------- ------------------------ ----------------- DATE OF SALE NUMBER OF SHARES SOLD PRICE PER SHARE ($) - ------------------------------- ------------------------ ----------------- November 7, 2001 1,000 0.04500 - ------------------------------- ------------------------ ----------------- November 8, 2001 79 0.04010 - ------------------------------- ------------------------ ----------------- November 12, 2001 39 0.03300 - ------------------------------- ------------------------ ----------------- November 13, 2001 118 0.03300 - ------------------------------- ------------------------ ----------------- November 15, 2001 158 0.03000 - ------------------------------- ------------------------ ----------------- November 16, 2001 236 0.02500 - ------------------------------- ------------------------ ----------------- November 19, 2001 472 0.02600 - ------------------------------- ------------------------ ----------------- November 20, 2001 472 0.02800 - ------------------------------- ------------------------ ----------------- November 21, 2001 404 0.02800 - ------------------------------- ------------------------ ----------------- November 29, 2001 369 0.01900 - ------------------------------- ------------------------ ----------------- November 30, 2001 869 0.01880 - ------------------------------- ------------------------ ----------------- December 3, 2001 869 0.01510 - ------------------------------- ------------------------ ----------------- December 4, 2001 869 0.01350 - ------------------------------- ------------------------ ----------------- December 5, 2001 869 0.01440 - ------------------------------- ------------------------ ----------------- December 6, 2001 6,817 0.01740 - ------------------------------- ------------------------ ----------------- December 7, 2001 413 0.01420 - ------------------------------- ------------------------ ----------------- -----END PRIVACY-ENHANCED MESSAGE-----