-----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, Igj38/hNWFFY7xPX0uJNei7Ojk55gQ7qEo/KTQbcxd2MFSR9qhP5geOnAuXc2qS9 UlyfMQZ19A8zPExN1ApXCw== 0000889812-99-000135.txt : 19990120 0000889812-99-000135.hdr.sgml : 19990120 ACCESSION NUMBER: 0000889812-99-000135 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990119 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JPS TEXTILE GROUP INC /DE/ CENTRAL INDEX KEY: 0000846615 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILLS, COTTON [2211] IRS NUMBER: 570868166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-41104 FILM NUMBER: 99507981 BUSINESS ADDRESS: STREET 1: 555 N PLEASANTBURG DR STE 202 CITY: GREENVILLE STATE: SC ZIP: 29607 BUSINESS PHONE: 8642393900 MAIL ADDRESS: STREET 1: 555 N PLEASANTBURG DR STREET 2: SUITE 202 CITY: GREENVILLE STATE: SC ZIP: 29607 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAYSTAR LLC CENTRAL INDEX KEY: 0001054055 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133859222 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 411 THEODORE FREMD AVENUE CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: 9149671100 MAIL ADDRESS: STREET 1: 411 THEODORE FREMD AVENUE CITY: RYE STATE: NY ZIP: 10580 SC 13D/A 1 AMENDMENT NO. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No. 1 JPS TEXTILE GROUP, INC. ----------------------- (Name of Issuer) Common Stock, par value $0.01 ----------------------------- (Title of Class of Securities) 46624B30 -------- (CUSIP Number) Michael C. Murr, Managing Director DAYSTAR L.L.C. 411 Theodore Fremd Avenue Rye, New York 10580 (914) 967-1155 ----------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 6, 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 [ ]. INTRODUCTORY STATEMENT On February 12, 1998, Daystar L.L.C., a New York limited liability company ("Daystar"), filed with the Securities and Exchange Commission a Statement on Schedule 13D (the "Original Statement") relating to shares of Common Stock, par value $0.01 per share ("Common Stock"), of JPS Textile Group, Inc., a Delaware corporation (the "Company"), beneficially owned by it. All capitalized terms used herein and not otherwise defined herein shall have the same respective meanings as used in the Original Statement. Item 4 of the Original Statement is hereby amended as follows: Item 4. Purpose of Transaction. Daystar acquired the shares of Common Stock described in Item 3 of the Original Statement (collectively, the "Shares") for the Fund and its clients solely for investment purposes. On January 6, 1999, Daystar discussed its views regarding the Company with representatives of another shareholder of the Company, UBS AG ("UBS"). On January 13, 1999, Daystar and UBS met with representatives of the Company to discuss their views. None of Daystar or the Managing Directors currently has any plan or proposal which relates to or would result in any of the matters listed in Item 4 of Schedule 13D. However, Daystar may review its investment in the Company from time to time in light of the Company's operations, prospects, business development and competitive and strategic matters, and, as a result, may change its intention with respect to proposing one or more actions to enhance shareholder value or to effect a change of control of the Company. In addition, Daystar may, from time to time or at any time, dispose of Shares or acquire additional shares of Common Stock for the Fund or Daystar client accounts depending on price and market conditions and other factors. SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 19, 1999 DAYSTAR L.L.C. By /s/ Michael C. Murr -------------------------- Michael C. Murr Managing Director -----END PRIVACY-ENHANCED MESSAGE-----