UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b)(c)AND (d) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
OWENS & MINOR INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
690732102
(CUSIP Number)
Basso Securities Ltd.
1281 East Main Street
Stamford, Connecticut 06902
(203) 324-8400
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
-with copies to-
Ricardo W. Davidovich, Esq.
Tannenbaum Helpern Syracuse & Hirschtritt
900 Third Avenue - 13th Floor
New York, NY 10022
June 13, 2001
(Date of Event Which Requires Filing of
this Statement)
Check the following box to designate the rule
pursuant to which this Schedule is filed:
Rule 13d-1(b)
X Rule 13d-1(c)
Rule 13d-1(d)
The information required in the remainder of this cover
page shall 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 .
CUSIP No. 690732102
1. Name of Reporting Person I.R.S. Identification Nos.
of Above Persons (entities only)
Basso Securities Ltd.
2. Check the Appropriate Box If A Member Of A Group
(See Instructions)
(a)
(b)
3. SEC Use Only
4. Citizen Or Place Of Organization: Delaware
Number of Shares Beneficially Owned by Each Reporting
Person With:
5. Sole Voting Power
730,482 shares of preferred security convertible into
1,770,834.46 shares of common stock
6. Shared Voting Power 0
7. Sole Dispositive Power
730,482 shares of preferred security convertible into
1,770,834.46 shares of common stock
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting
Person
730,482 shares of preferred security convertible into
1,770,834.46 shares of common stock
10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares
(See Instruction)
11. Percent of Class Represented by Amount in Row 9
5.04%
12. Type of Reporting Person (See Instructions) CO
CUSIP No. 690732102
Item 1: Security and Issuer
1(a) Name of Issuer
Owens & Minor Inc.
1(b) Address of Issuer's Principal Executive Offices
4800 Cox Road
Glen Allen, Virginia 23060
United States
Item 2: Identity and Background
2(a) Name of person Filing:
Basso Securities Ltd.
2(b) Address of Principal Business Office or, if none,
Residence:
The address of the reporting person is:
1281 East Main Street
Stamford, CT 06902
2(c) Citizenship/ Corporation organized
Delaware, USA
2(d) Title of Class of Security
Common Stock
2(e) Cusip Number
690732102
Item 3: If this statement is filed pursuant to
Rule 13d-1(b) or 13d-2(b) or 13d-2(c) promulgated
under the Securities Exchange Act of 1934, check
whether the filing is a:
CUSIP No. 690732102
a. Broker or Dealer registered under Section 15 of the
Act,
b. Bank as defined in Section 3(a)(6) of the Act,
c. Insurance Company as defined in Section 3(a)(19)
of the Act,
d. Investment Company registered under Section 8 of
the Investment Company Act,
e. Investment Adviser in accordance with Rule 13d-
1(b)(1)(ii)(E),
f. Employee Benefit Plan, or Endowment Fund in
accordance with Rule 13d-1(b)(ii)(F),
g. Parent Holding Company or Control Person, in
accordance with Rule 13d-1(b)(ii)(G);
(Note: see Item 7)
h. A saving association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813)
i. A church plan that is excluded form the definition
of an investment company under section 3(c)(14) of the
Investment Company Act of 1940;
j. Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4: Ownership
4(a) Amount Beneficially Owned
As of June 13, 2001 an aggregate of 1,770,834.46 shares
of common stock (730,482 shares of preferred security
convertible into shares of common stock) were
beneficially owned by Basso Securities Ltd., as an
advisor (portfolio manager) to certain funds managed by
DKR Management Company Inc. (DKRMCI). Basso Securities
Ltd. disclaims beneficial ownership of the holdings
reported herein.
4(b) Percent of Class
5.04%
(The percentage was calculated by dividing
1,770,834.46 shares of common stock (representing the
number of shares of common stock that would be held by
Basso Securities Ltd. upon conversion of the preferred
security) by 35,147,834.46 (which represents the sum of
33,377,000.00 (outstanding based on the latest
information provided by Bloomberg) and 1,770,834.46).
CUSIP No. 690732102
4(c) Number of shares as to which the person has
(i) Sole Power to vote or to direct the vote
730,482 shares of preferred security convertible into
1,770,834.46 shares of common stock
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition
of
730,482 shares of preferred security convertible into
1,770,834.46 shares of common stock
(iv) Shared power to dispose or to direct the
disposition Of
0
Instruction:
For computation regarding securities which represent a
right to acquire an underlying security see
Rule 13d-3(d)(1).
Item 5: Ownership of Five Percent or less of a Class
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to
be the beneficial owner of more than five percent of the
class of securities, check the following
Instruction: Dissolution of a group requires a response
to this item.
Item 6: Ownership of More than Five percent on Behalf
of Another Person.
Basso Securities Ltd. has entered into an Advisory
Services Agreement with DKR Management Company Inc.
(DKRMCI), a registered investment adviser, to act as
the portfolio manager to certain funds managed by DKRMCI.
As such, DKRMCI, the investment advisor to the funds
managed by Basso Securities Ltd., has more than five
percent interest in the securities and has the right
to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of,
such security.
CUSIP No. 690732102
Item 7: Reported on By the Parent Holding Company.
If a parent holding company has filed this schedule,
pursuant to Rule 13d-1(b)(ii)(G), so indicate under
Item 3(g) and attach an exhibit stating the identity
and the Item 3 classification of the relevant subsidiary.
If a parent holding company has filed this schedule
pursuant to Rule 13d-1(c), attach an exhibit stating
the identity of each member of the group.
Not Applicable
Item 8: Identification and Classification of Members of
the Group.
If a group his filed this schedule pursuant to
Rule 13d-1(b)(ii)(H), so indicate under item 3(h) and
attach an exhibit stating the identity and Item 3
classification of each member of the group. If
a group has filed this schedule pursuant to Rule
13d-1(c), attach an exhibit stating the identity of
each member of the group.
Not Applicable
Item 9: Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an
exhibit stating the date of the dissolution and that
all further filings with respect to transactions in the
security reported on will be filed, if required, by
members of he group, in their individual capacity.
See item 5.
Not Applicable
Item 10: Certification
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose of
or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired
and are not held in connection with or as a participant
in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: June 20, 2001
/s/ Howard I. Fishcer
____________________________
Signature
Howard I. Fischer
President