UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
CONCORD CAMERA CORP.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
206156200
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(CUSIP Number)
Emily Mason
Covington & Burling LLP
One Front Street, 35th Floor
San Francisco, CA 94111
Telephone: (415) 591-7062
Facsimile: (415) 955-6562
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 23, 2008
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(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.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
CUSIP No. 206156200
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Daniel Zeff
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [X]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See Instructions) 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 United States
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7. Sole Voting Power 496,494
8. Shared Voting Power None
9. Sole Dispositive Power 496,494
10. Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
496,494
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11) 8.4%
14. Type of Reporting Person (See Instructions)
IN
CUSIP No. 206156200
1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Spectrum Galaxy Fund Ltd.
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [X]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See Instructions) 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 British Virgin Islands
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7. Sole Voting Power 187,635
8. Shared Voting Power None
9. Sole Dispositive Power 187,635
10. Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
187,635
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11) 3.2%
14. Type of Reporting Person (See Instructions) CO
CUSIP No. 206156200
1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Zeff Capital Partners I, L.P.
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [X]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See Instructions) 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 Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7. Sole Voting Power 308,859
8. Shared Voting Power None
9. Sole Dispositive Power 308,859
10. Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
308,859
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11) 5.2%
14. Type of Reporting Person (See Instructions) PN
CUSIP No. 206156200
1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Zeff Holding Company, LLC
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [X]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See Instructions) 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 Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7. Sole Voting Power 308,859
8. Shared Voting Power None
9. Sole Dispositive Power 308,859
10. Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
308,859
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11) 5.2%
14. Type of Reporting Person (See Instructions) OO
SCHEDULE 13D
Item 1. Security and Issuer
This Amendment No. 1 amends and supplements that statement on Schedule
13D originally filed with the Securities and Exchange Commission on May 20, 2008
by Zeff Holding Company, LLC, a Delaware limited liability company ("Holding"),
Zeff Capital Partners I, L.P., a Delaware limited partnership ("Capital"),
Spectrum Galaxy Fund Ltd., a company incorporated in the British Virgin Islands
("Spectrum"), and Daniel Zeff, an individual ("Zeff") (Holding, Capital,
Spectrum and Zeff are hereinafter collectively referred to as the Reporting
Persons), related to the common stock (the "Common Stock") of Concord Camera
Corp. (the "Company"), a New Jersey corporation. The address of the Company's
principal executive offices is 4000 Hollywood Boulevard, 6th Floor, North Tower,
Hollywood, FL 33021.
Item 5. Interest in Securities of the Issuer.
(c) Item 5(c) is hereby amended and restated in its entirety to read
as follows:
Set forth below is a description of all reportable
transactions in shares of Common Stock that have been effected
by the Reporting Persons during the past 60 days.
The following purchases were made by Capital:
Date Price Per Share Number of Shares
03/25/08 3.77 2,678
03/26/08 3.82 3,836
03/28/08 3.79 3,105
03/31/08 3.74 2,861
04/01/08 3.78 2,070
04/03/08 3.62 4,989
04/07/08 3.68 1,300
04/09/08 3.64 1,895
04/10/08 3.62 612
04/15/08 3.57 1,764
04/16/08 3.62 1,895
04/21/08 3.57 1,100
04/28/08 3.59 978
04/29/08 3.55 1,220
05/01/08 3.69 1,381
05/05/08 3.53 1,137
05/06/08 3.51 1,100
05/07/08 3.42 2,382
05/08/08 3.50 611
05/09/08 3.49 1,740
05/12/08 3.49 1,100
05/13/08 3.49 2,076
05/14/08 3.48 1,832
The following purchases were made by Spectrum:
Date Price Per Share Number of Shares
03/25/08 3.77 1,721
03/26/08 3.82 2,465
03/28/08 3.79 1,995
03/31/08 3.74 1,839
04/01/08 3.78 1,330
04/03/08 3.62 3,173
04/07/08 3.68 700
04/09/08 3.64 1,205
04/10/08 3.62 388
04/15/08 3.57 1,122
04/16/08 3.62 1,205
04/21/08 3.57 900
04/28/08 3.59 622
04/29/08 3.55 775
05/01/08 3.69 879
05/05/08 3.53 725
05/06/08 3.51 700
05/07/08 3.42 1,518
05/08/08 3.50 389
05/09/08 3.49 1,160
05/12/08 3.49 700
05/13/08 3.49 1,324
05/14/08 3.48 1,168.00
Item 7. Material to be Filed as Exhibits.
Exhibit 99.1: Joint Filing Agreement, dated as of May 23, 2008, by and
among the Reporting Persons.
SIGNATURES
After reasonable inquiry and to the best of their knowledge and behalf, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: May 23, 2008
/s/ Daniel Zeff
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Daniel Zeff
ZEFF HOLDING COMPANY, LLC
By:/s/ Daniel Zeff
_______________________________
Name: Daniel Zeff
Title: Manager
ZEFF CAPITAL PARTNERS I, L.P.
By: Zeff Holding Company, LLC,
as general partner
By:/s/ Daniel Zeff
_______________________________
Name: Daniel Zeff
Title: Manager
SPECTRUM GALAXY FUND LTD.
By: /s/ Dion R. Friedland
_______________________________
Name: Dion R. Friedland
Title: Director
Exhibit 99.1
Joint Filing Agreement
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned hereby agree to the joint filing on
behalf of each of them of a statement on Schedule 13D (including this
Amendment No. 1) with respect to the Common Stock of Concord Camera
Corp., and that this Agreement be included as an Exhibit to such joint
filing. This Agreement may be executed in any number of counterparts
all of which taken together shall constitute one and the same
instrument.
In witness hereof, the undersigned hereby executed this Agreement this
23rd day of May, 2008.
/s/ Daniel Zeff
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Daniel Zeff
ZEFF HOLDING COMPANY, LLC
By: /s/ Daniel Zeff
_______________________________
Name: Daniel Zeff
Title: Manager
ZEFF CAPITAL PARTNERS I, L.P.
By: Zeff Holding Company, LLC,
as general partner
By: /s/ Daniel Zeff
_______________________________
Name: Daniel Zeff
Title: Manager
SPECTRUM GALAXY FUND LTD.
By: /s/ Dion R. Friedland
_______________________________
Name: Dion R. Friedland
Title: Director