-----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, Ijeb16Yt8maDWxwNVnU916Nu2GjvapLwWk0VYLVIt0ZlSZyKv4Qg9w/hoWVA39d0 Yf5793mUc6NQgAlPtcfwaw== 0001005150-99-000144.txt : 19990305 0001005150-99-000144.hdr.sgml : 19990305 ACCESSION NUMBER: 0001005150-99-000144 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990304 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEL SAVE COM INC CENTRAL INDEX KEY: 0000948545 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 232827736 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45631 FILM NUMBER: 99556707 BUSINESS ADDRESS: STREET 1: 6805 ROUTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 BUSINESS PHONE: 2158621500 MAIL ADDRESS: STREET 1: 6805 RIYTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 FORMER COMPANY: FORMER CONFORMED NAME: TEL SAVE HOLDINGS INC DATE OF NAME CHANGE: 19950726 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BORISLOW DANIEL M CENTRAL INDEX KEY: 0001002057 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 6805 ROUTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 BUSINESS PHONE: 2158621500 MAIL ADDRESS: STREET 1: 6805 ROUTE 202 CITY: NEW HOPE STATE: PA ZIP: 18938 SC 13D/A 1 SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D (Amendment No. 8) Under the Securities Exchange Act of 1934 Tel-Save.com, Inc. ----------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 879176195 -------------- (CUSIP Number) Daniel Borislow 8234 Horseshoe Bay Boulevard Boynton Beach, FL 33437 ------------------------------------------------- (Name, Address, and Telephone Number of Persons Authorized to Receive Notices and Communications) March 3, 1999 ------------------------------------------------------ (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 which is the subject of this Schedule 13D and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. (Page 1 of 3 Pages) (Page 2 of 3 Pages) CUSIP No. 879176105 13D - -------------------------------------------------------------------------------- 1) NAME OF REPORTING PERSON Daniel Borislow - -------------------------------------------------------------------------------- 2) CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3) SEC USE ONLY - -------------------------------------------------------------------------------- 4) SOURCE OF FUNDS: N/A - -------------------------------------------------------------------------------- 5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6) CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - -------------------------------------------------------------------------------- NUMBER OF 7) SOLE VOTING POWER 5,513,334 SHARES ---------------------------------------------------------- BENEFICIALLY 8) SHARED VOTING POWER 0 OWNED BY ---------------------------------------------------------- EACH 9) SOLE DISPOSITIVE POWER 5,513,334 REPORTING ---------------------------------------------------------- PERSON WITH 10) SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11) AGGREGATE AMOUNT BENEFICIALLY OWNED 5,513,334 BY EACH REPORTING PERSON - -------------------------------------------------------------------------------- 12) CHECK IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 9.1% - -------------------------------------------------------------------------------- 14) TYPE OF REPORTING PERSON: IN - -------------------------------------------------------------------------------- (Page 3 of 3 Pages) This Amendment No. 8 amends Item 5 of the Schedule 13D filed by the Reporting Person. Capitalized terms used herein without definition have the meanings set forth in the Reporting Person's Schedule 13D as amended by Amendments No. 1 to 7 thereto. Item 5. Interest in Securities of Issuer. - ------ --------------------------------- Item 5(c) is hereby amended as follows: (c) On March 3, 1999, the Reporting Person purchased total of 32,500 shares of Common Stock at prices ranging from $8.00 to $8.625. In addition, the Reporting Person closed a previously reported derivative position and thereby purchased 750,000 shares of Common Stock. As a result of the purchases described above, the Reporting Person has sole dispositive and voting power with respect to 5,513,334 shares of Common Stock (including 260,993 shares subject to rights), representing beneficial ownership of approximately 9.1% of the outstanding shares of Common Stock. 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. Dated: March 3, 1999 /s/ Daniel Borislow Daniel Borislow -----END PRIVACY-ENHANCED MESSAGE-----