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Item 5.  Other Events

    The information set forth in the press release issued by Zapata Corporation 
on August 18, 1994 and filed as Exhibit 99(a) hereto is incorporated by 
reference.

Item 7.  Financial Statements and Exhibits

    (c) Exhibits

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<C>               <S> 
 Exhibit 99(a)    --Press Release of Zapata Corporation issued on August 18, 
                    1994

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