<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>king.txt
<DESCRIPTION>SC 13D - AMENDMENT NO. 3
<TEXT>
                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                              Amendment No. 3
                                     to
                              ------------------
                                SCHEDULE 13D
                               (Rule 13d-101)

          INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
         TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                               RULE 13d-2(a)


                         Southern California Edison
-------------------------------------------------------------------------------
                              (Name of Issuer)


                         4.08% Cumulative Preferred
-------------------------------------------------------------------------------
                       (Title of Class of Securities)


                                 842400202
-------------------------------------------------------------------------------
                               (CUSIP Number)

                             Cyrus A. Borzooyeh
                   King Street Capital Management, L.L.C.
                            575 Lexington Avenue
                                 7th Floor
                          New York, New York 10022


                         Telephone: (212) 350-4436
-------------------------------------------------------------------------------
          (Name, Address and Telephone Number of Person Authorized
                   to Receive Notices and Communications)


                              February 4, 2002
-------------------------------------------------------------------------------
          (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  |_|.

Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See ss.240.13d-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.





CUSIP No. 842400202                    SCHEDULE 13D/A

-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              King Street Capital, LP
              13-3812174

-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP      (a) |_|
                                                                    (b) x

-------------------------------------------------------------------------------
3             SEC USE ONLY

-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO
-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS          |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              DELAWARE
-------------------------------------------------------------------------------

NUMBER OF                   7         SOLE VOTING POWER
SHARES
BENEFICIALLY                          0
OWNED BY                   ----------------------------------------------------
EACH                        8         SHARED VOTING POWER
REPORTING
PERSON                                95,890
WITH                       ----------------------------------------------------
                            9         SOLE DISPOSITIVE POWER

                                      0
                           ----------------------------------------------------
                            10        SHARED DISPOSITIVE POWER

                                      95,890
-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              95,890
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                  |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              9.6%
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              PN
-------------------------------------------------------------------------------



CUSIP No. 842400202                  SCHEDULE 13D/A
-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              King Street Capital, Ltd.
-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP      (a) |_|
                                                                    (b) x
-------------------------------------------------------------------------------
3             SEC USE ONLY

-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO

-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS     |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              British Virgin Islands
-------------------------------------------------------------------------------

NUMBER OF                       7         SOLE VOTING POWER
SHARES
BENEFICIALLY                              0
OWNED BY                       ------------------------------------------------
EACH                            8         SHARED VOTING POWER
REPORTING
PERSON                                    182,780
WITH                           ------------------------------------------------
                                9         SOLE DISPOSITIVE POWER

                                          0
                               ------------------------------------------------
                                10        SHARED DISPOSITIVE POWER

                                          182,780
-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              182,780
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                  |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              18.3%
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              CO
-------------------------------------------------------------------------------





CUSIP No. 842400202              SCHEDULE 13D/A

-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              King Street Advisors, L.L.C.
              13-3812173

-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP         (a) |_|
                                                                       (b) x

-------------------------------------------------------------------------------
3             SEC USE ONLY


-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO

-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS      |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              Delaware
-------------------------------------------------------------------------------

NUMBER OF                     7           SOLE VOTING POWER
SHARES
BENEFICIALLY                              0
OWNED BY                     --------------------------------------------------
EACH                          8           SHARED VOTING POWER
REPORTING
PERSON                                    95,890
WITH                         --------------------------------------------------
                              9           SOLE DISPOSITIVE POWER

                                          0
                             --------------------------------------------------
                              10          SHARED DISPOSITIVE POWER

                                          95,890

-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              95,890
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                       |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              9.6%
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              OO, IA
-------------------------------------------------------------------------------




CUSIP No. 842400202                SCHEDULE 13D/A
-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              King Street Capital Management, L.L.C.
              13-3978904

-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP      (a) |_|
                                                                    (b) x
-------------------------------------------------------------------------------
3             SEC USE ONLY


-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO

-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS      |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              Delaware
-------------------------------------------------------------------------------

NUMBER OF                     7          SOLE VOTING POWER
SHARES
BENEFICIALLY                             0
OWNED BY                     --------------------------------------------------
EACH                          8          SHARED VOTING POWER
REPORTING
PERSON                                   182,780
WITH                         --------------------------------------------------
                              9          SOLE DISPOSITIVE POWER

                                         0
                             --------------------------------------------------
                              10         SHARED DISPOSITIVE POWER

                                         182,780
-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              182,780
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                     |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              18.3%
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              OO, IA
-------------------------------------------------------------------------------




CUSIP No. 842400202                    SCHEDULE 13D/A

-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              O. Francis Biondi, Jr.

-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a) |_|
                                                                   (b) x

-------------------------------------------------------------------------------
3             SEC USE ONLY


-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO

-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS     |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              United States
-------------------------------------------------------------------------------

NUMBER OF                       7           SOLE VOTING POWER
SHARES
BENEFICIALLY                                0
OWNED BY                       ------------------------------------------------
EACH                            8           SHARED VOTING POWER
REPORTING
PERSON                                      278,670
WITH                           ------------------------------------------------
                                9           SOLE DISPOSITIVE POWER

                                            0
                               ------------------------------------------------
                                10          SHARED DISPOSITIVE POWER

                                            278,670

-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              278,670
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                        |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              27.9%
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              IN
-------------------------------------------------------------------------------





CUSIP No. 842400202             SCHEDULE 13D/A
-------------------------------------------------------------------------------
1             NAME OF REPORTING PERSON
              I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

              Brian J. Higgins

-------------------------------------------------------------------------------
2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a) |_|
                                                                     (b) x
-------------------------------------------------------------------------------
3             SEC USE ONLY


-------------------------------------------------------------------------------
4             SOURCE OF FUNDS

              OO

-------------------------------------------------------------------------------
5             CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS     |_|
              REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

-------------------------------------------------------------------------------
6             CITIZENSHIP OR PLACE OF ORGANIZATION

              United States
-------------------------------------------------------------------------------

NUMBER OF                      7          SOLE VOTING POWER
SHARES
BENEFICIALLY                              0
OWNED BY                     --------------------------------------------------
EACH                           8          SHARED VOTING POWER
REPORTING
PERSON                                    278,670
WITH                         --------------------------------------------------
                               9          SOLE DISPOSITIVE POWER

                                          0
                             --------------------------------------------------
                               10         SHARED DISPOSITIVE POWER

                                          278,670
-------------------------------------------------------------------------------
11            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              278,670
-------------------------------------------------------------------------------
12            CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
              CERTAIN SHARES                                     |_|

-------------------------------------------------------------------------------
13            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

              27.9 %
-------------------------------------------------------------------------------
14            TYPE OF REPORTING PERSON

              IN
-------------------------------------------------------------------------------




         This Amendment No. 2 amends the Statement on Schedule 13D, as
previously amended (the "Statement"), filed with the Securities and
Exchange Commission. The class of equity securities to which the Statement
relates is the 4.08% cumulative preferred stock, par value $25.00 per share
("Preferred Stock"), of Southern California Edison Company.

Item 3.  Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended to include the following:

         The source of funds used for the purchase of Preferred Stock by
KSC L.P. reported herein is cash held by it for investment. The aggregate
amount is $80,850.26. The source of funds used for the purchase of
Preferred Stock by KSC Ltd. reported herein is cash held by it for
investment. The aggregate amount is $219,814.59.

Item 5.  Interest in Securities of the Issuer.

Items 5(a) and (b) are hereby amended as follows:

(a) and (b) Because of the relationships described above, the Reporting
Persons may be deemed to constitute a "group" within the meaning of Rule
13d-5 under the Securities and Exchange Act of 1934, and as such, each
member of the group would be deemed to beneficially own, in the aggregate,
all the shares of Preferred Stock held by members of the group. The
Reporting Persons do not admit that they constitute a group within the
meaning of Rule 13d-5.

         As of February 12, 2002, 95,890 shares of Preferred Stock, or 9.6%
of the total outstanding shares of Preferred Stock on that date, are held
by KSC L.P and 182,780 shares of Preferred Stock, or 18.3% of the total
outstanding shares of Preferred Stock on the date, were held by KSC Ltd.
Because of the relationships described in Item 2 above, pursuant to Rule
13d-1, as of February 12, 2002, KSA may be deemed to be the beneficial
owner of 95,980 shares of Preferred Stock, or 9.6% of the total outstanding
shares of Preferred Stock on that date, consisting of the shares owned by
KSC L.P. Because of the relationships described in Item 2 above, pursuant
to Rule 13d-1, as of February 12, 2002, KSCM may be deemed to be the
beneficial owner of 182,780 shares of Preferred Stock, or 18.3% of the
total outstanding shares of Preferred Stock on that date, consisting of the
shares owned by KSC Ltd. Because of the relationships described in Item 2
above, pursuant to Rule 13d-1, as of February 12, 2002, Mr. Biondi may be
deemed to be the beneficial owner of 278,670 shares of Preferred Stock, or
27.9% of the total outstanding shares of Preferred Stock on that date,
consisting of the shares owned by KSC L.P. and KSC Ltd. Because of the
relationships described in Item 2 above, pursuant to Rule 13d-1, as of
February 12, 2002, Mr. Higgins may be deemed to be the beneficial owner of
278,670 shares of Preferred Stock, or 27.9% of the total outstanding shares
of Preferred Stock on that date, consisting of the shares owned by KSC L.P.
and KSC Ltd.

         KSC L.P. may be deemed to have shared voting and dispositive power
over the 95,890 shares of Preferred Stock it owns, or 9.6% of the total
outstanding shares of Preferred Stock. KSC Ltd. may be deemed to have
shared voting and dispositive power over the 182,780 shares of Preferred
Stock it owns, or 18.3% of the total outstanding shares of Preferred Stock.
Because of the relationship described in Item 2 above, KSA may be deemed to
have shared voting and dispositive power over the 95,890 shares of
Preferred Stock owned by KSC L.P., or 9.6% of the total outstanding shares
of Preferred Stock. Because of the relationships described in Item 2 above,
KSCM may be deemed to have shared voting and dispositive power over the
182,780 shares of Preferred Stock owned by KSC Ltd., or 18.3% of the total
outstanding shares of Preferred Stock. Because of the relationships
described above, Mr. Biondi may be deemed to have shared voting and
dispositive power over an aggregate of 278,670 shares of Preferred Stock,
or 27.9% of the total outstanding shares of Preferred Stock, consisting of
shares owned by KSC L.P. and KSC Ltd. Because of the relationships
described above, Mr. Higgins may be deemed to have shared voting and
dispositive power over an aggregate of 278,670 shares of Preferred Stock,
or 27.9% of the total outstanding shares of Preferred Stock, consisting of
shares owned by KSC L.P. and KSC Ltd.

Item 5(c) is hereby amended to include the following:

(c) The table below sets forth all purchases of the Preferred Stock by each
of KSC L.P. and KSC Ltd. since January 30, 2002. All of such purchases were
effected through Cantor Fitzgerald & Co. through open market purchases.

Purchases by KSC L.P.:

           Date           Amount of Shares          Approximate per share price

         1/30/02             350                              15.00
         1/31/02             840                              14.9896
         2/1/02            1,400                              15.00
         2/4/02            2,800                              15.00

Purchases by KSC Ltd.:

           Date            Amount of Shares         Approximate per share price

         1/30/02             650                              15.00
         1/31/02           1,560                              14.9896
         2/1/02            2,600                              15.00
         2/4/02            5,200                              15.00
         2/7/02            2,600                              14.8615
         2/8/02            1,100                              14.5909
         2/9/02            1,000                              15.00



                                 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: February 12, 2002


KING STREET CAPITAL, L.P.
By: King Street Advisors, L.L.C., its general partner


By:  /s/ Brian J. Higgins
    --------------------------
Name:  Brian J. Higgins
Title: Managing Member


KING STREET CAPITAL, LTD.


By:    /s/ Brian J. Higgins
       --------------------------
Name:   Brian J. Higgins
Title:  Director


KING STREET ADVISORS, L.L.C.


By:   /s/ Brian J. Higgins
      --------------------------
Name:   Brian J. Higgins
Title:  Managing Member


KING STREET CAPITAL MANAGEMENT, L.L.C.


By:   /s/ Brian J. Higgins
      ----------------------------
Name:   Brian J. Higgins
Title:  Managing Member


  /s/ O. Francis Biondi, Jr.
----------------------------
O. Francis Biondi, Jr.


  /s/ Brian J. Higgins
-------------------------
Brian J. Higgins


</TEXT>
</DOCUMENT>
