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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>/in/edgar/work/20000728/0000891836-00-000530/0000891836-00-000530.txt : 20000921
<SEC-HEADER>0000891836-00-000530.hdr.sgml : 20000921
ACCESSION NUMBER:		0000891836-00-000530
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20000728

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEDQUIST INC
		CENTRAL INDEX KEY:			0000884497
		STANDARD INDUSTRIAL CLASSIFICATION:	 [7374
]		IRS NUMBER:				222531298
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		SC 13D/A
			SEC ACT:		
			SEC FILE NUMBER:	005-42936
			FILM NUMBER:		681139
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		FIVE GREENTREE CENTRE STE 311
				STREET 2:		STATE HIGHWAY 73 N
				CITY:			MARLTON
				STATE:			NJ
				ZIP:			08053
				BUSINESS PHONE:		6095968877
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		5 GREENTREE CENTRE SUITE 311
					STREET 2:		ATTN BRUCE VAN FOSSEN
					CITY:			MARLTON
					STATE:			NJ
					ZIP:			08053
</MAIL-ADDRESS>
</SUBJECT-COMPANY>

					FILED BY:		

						COMPANY DATA:	
							COMPANY CONFORMED NAME:			KONINKLIJKE PHILIPS ELECTRONICS NV
							CENTRAL INDEX KEY:			0000313216
							STANDARD INDUSTRIAL CLASSIFICATION:	 [3600
]							STATE OF INCORPORATION:			P7
							FISCAL YEAR END:			1231
</COMPANY-DATA>

							FILING VALUES:
								FORM TYPE:		SC 13D/A
</FILING-VALUES>

								BUSINESS ADDRESS:	
									STREET 1:		REMBRANDT TOWER AMSTELPLEIN 1
									STREET 2:		1096 HA AMSTERDAM
									CITY:			THE NETHERLANDS
</BUSINESS-ADDRESS>

									MAIL ADDRESS:	
										STREET 1:		REMBRANDT TOWER AMSTELPLEIN 1
										STREET 2:		1096 HA AMSTERDAM
										CITY:			THE NETHERLANDS
</MAIL-ADDRESS>

										FORMER COMPANY:	
											FORMER CONFORMED NAME:	PHILIPS ELECTRONICS N V
											DATE OF NAME CHANGE:	19930727
</FORMER-COMPANY>
</FILED-BY>
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>SCHEDULE 13D, AMENDMENT NO. 1
<TEXT>


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934

                                (Amendment No.1)

                                  MedQuist Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                           Common Stock, No Par Value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    584949101
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


                             Stephen M. Kotran, Esq.
                               Sullivan & Cromwell
                                125 Broad Street
                          New York, New York 10004-2498
                                 (212) 558-4000
- --------------------------------------------------------------------------------
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)


                                 July 28, 2000
- --------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If a 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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d- 1(g), check
the following box [ ].


<PAGE>

- --------------------------------------------------------------------------------
CUSIP NO. 584949101
- --------------------------------------------------------------------------------
 1.      NAME OF REPORTING PERSON

         Koninklijke Philips Electronics N.V.

         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         222531298
- --------------------------------------------------------------------------------
 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 ITEMS 2(D) OR 2(E)
                                                                           [  ]
- --------------------------------------------------------------------------------
 6.      CITIZENSHIP OR PLACE OF ORGANIZATION

         The Netherlands
- --------------------------------------------------------------------------------
                  7.     SOLE VOTING POWER
  NUMBER OF              23,400,086
    SHARES        --------------------------------------------------------------
BENEFICIALLY      8.     SHARED VOTING POWER
  OWNED BY               1,910,974
    EACH          --------------------------------------------------------------
 REPORTING        9.     SOLE DISPOSITIVE POWER
   PERSON                23,400,086
    WITH          --------------------------------------------------------------
                  10.    SHARED DISPOSITIVE POWER
                         1,910,974
- --------------------------------------------------------------------------------
11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
         PERSON
         25,311,060
- --------------------------------------------------------------------------------
12.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
         CERTAIN SHARES
                                                                           [  ]
- --------------------------------------------------------------------------------
13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         62.2%
- --------------------------------------------------------------------------------
14.      TYPE OF REPORTING PERSON

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

                                       -2-

<PAGE>

         This Amendment No. 1 to Schedule 13D relates to the Schedule 13D filed
on June 6, 2000 with respect to the Shares of MedQuist Inc. (the "Issuer") by
Koninklijke Philips Electronics N.V.("Royal Philips"), a corporation
incorporated under the laws of the Netherlands. Unless otherwise defined herein,
all capitalized terms used herein shall have the meanings ascribed to them in
the original Schedule 13D.

Item 1.  Security and Issuer.
         -------------------

         No Change.

Item 2.  Identity and Background.
         -----------------------

         Item 2 is hereby amended and supplemented as follows:

         (a)-(c); (f). No Change.

         (d)-(e). During the last five years, neither Royal Philips, nor, to the
best of its knowledge, any person listed in Schedule I has been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
was a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.

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

         Item 3 is hereby amended and supplemented as follows:

         Royal Philips presently intends to finance the purchases with its cash
position and cash flow from existing businesses.

Item 4.  Purpose of the Transaction.
         --------------------------

         Item 4 is hereby amended and supplemented as follows:


                                       -3-

<PAGE>


         On July 28, 2000, Royal Philips announced that it may from time to time
purchase additional Shares of the Issuer. Such purchases would depend on market
conditions and other factors, and would be made through open market purchases or
privately negotiated transactions. Under the terms of the Governance Agreement,
Royal Philips is currently permitted to acquire up to seventy five percent (75%)
of the outstanding Shares of the Issuer on a fully diluted basis.

Item 5.  Interest in Securities of Issuer.
         --------------------------------

         Item 5 is hereby amended and supplemented as follows:

         (a). As of the date hereof, Royal Philips beneficially owns 25,311,060
Shares, which constitutes approximately 62.2% of the outstanding Shares on a
fully diluted basis.

         (b). Royal Philips has sole voting and dispositive power over
23,400,086 Shares of the Issuer and has shared voting and/or dispositive power
over 1,910,974 Shares of the Issuer.

         (c). On July 7, 2000, Royal Philips acquired 22,250,327 Shares of the
Issuer at a price of $51 per Share, pursuant to the terms and conditions of the
Tender Offer Agreement. Between July 12, 2000 and July 20, 2000, Royal Philips
acquired an additional 1,149,459 Shares of the Issuer at a price of $51 per
Share, pursuant to the terms and conditions of the Shareholder Agreements.

         None of the persons listed in Schedule I beneficially owns or has the
right to acquire any Shares or has engaged in any transaction in the Shares in
the past 60 days.

         This Item 5 is qualified in its entirety by reference to the Tender
Offer Agreement and the Shareholder Agreements which were filed as Exhibits to
Schedule 13D and are hereby incorporated by reference.

Item 6.  Contracts, Arrangements, Understandings
         or Relationships with Respect to
         Securities of the Issuer.
         ---------------------------------------

         No Change.


                                       -4-

<PAGE>


Item 7.  Material to be Filed as Exhibits
         --------------------------------

         Exhibit           Description
         -------           -----------

            1              Press Release by Royal Philips, dated
                           July 28, 2000.




                                       -5-


<PAGE>


                                   SIGNATURES
                                   ----------

         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: July 28, 2000

                                            KONINKLIJKE PHILIPS ELECTRONICS N.V.


                                            By:       /s/ ADRI BAAN
                                               ---------------------------------
                                               Name:  Adri Baan
                                               Title: Executive Vice President
                                                      Royal Philips Electronics.


                                            By:       /s/ JAN H.M. HOMMEN
                                               ---------------------------------
                                               Name:  Jan H.M. Hommen
                                               Title: Executive Vice President
                                                      Royal Philips Electronics.



                                      -6-

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>0002.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>



Amsterdam, July 28, 2000

PHILIPS ANNOUNCES THAT IT MAY ACQUIRE ADDITIONAL SHARES IN MEDQUIST INC.

Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced that it may from
time to time purchase additional shares of common stock of MedQuist Inc.
(NASDAQ: MEDQ). Such purchases would depend on market conditions and other
factors, and would be made via the open market or privately negotiated
transactions.

Philips believes that the automation of MedQuist's medical transcription
business via Philips' speech recognition technology can further build on
MedQuist's leading position in this industry, and extend Philips Medical
Systems' activities into healthcare services.

Philips currently owns 23,400,086 shares of common stock of MedQuist,
representing approximately 60% of the outstanding shares. Under the terms of the
governance agreement between Philips and MedQuist, Philips is currently
permitted to acquire up to 75% of the outstanding MedQuist common shares.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Jeremy Cohen, Philips Corporate Communications, tel: +31 20 5977213
email: jeremy.cohen@philips.com
       ------------------------

MEDQUIST IS THE LEADING U.S. PROVIDER OF ELECTRONIC MEDICAL TRANSCRIPTION
SERVICES, THE PROCESS BY WHICH DICTATION IS CONVERTED INTO A MEDICAL REPORT.
THROUGH THE COMPANY'S NATIONWIDE NETWORK OF MORE THAN 8,000 TRAINED
TRANSCRIPTIONISTS, BROADBAND TELECOMMUNICATION SYSTEMS AND INTERFACE WITH HEALTH
CARE PROVIDERS' COMPUTER SYSTEMS, MEDQUIST SHORTENS ITS CUSTOMERS BILLING CYCLES
AND REDUCES OVERHEAD AND OTHER ADMINISTRATIVE COSTS. ADDITIONAL INFORMATION ON
MEDQUIST CAN BE OBTAINED BY ACCESSING ITS HOMEPAGE AT http://www.MedQuist.com
                                                      -----------------------

ROYAL PHILIPS ELECTRONICS OF THE NETHERLANDS IS ONE OF THE WORLD'S BIGGEST
ELECTRONICS COMPANIES AND EUROPE'S LARGEST, WITH SALES OF EUR 31.5 BILLION IN
1999. IT IS A GLOBAL LEADER IN COLOR TELEVISION SETS, LIGHTING, ELECTRIC
SHAVERS, COLOR PICTURE TUBES FOR TELEVISIONS AND MONITORS, AND ONE-CHIP TV
PRODUCTS. ITS 232,433 EMPLOYEES IN MORE THAN 60 COUNTRIES ARE ACTIVE IN THE
AREAS OF LIGHTING, CONSUMER ELECTRONICS, DOMESTIC APPLIANCES, COMPONENTS,
SEMICONDUCTORS, MEDICAL SYSTEMS, AND IT SERVICES (ORIGIN). PHILIPS IS QUOTED ON
THE NYSE (SYMBOL: PHG), LONDON, FRANKFURT, AMSTERDAM AND OTHER STOCK EXCHANGES.

NEWS FROM PHILIPS IS LOCATED AT www.news.philips.com
                                --------------------

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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