0000889812-97-002111 SC 13D/A 1 19971006 NASD JOHN W. GILDEA NETWORK FUND III LTD AXSYS TECHNOLOGIES INC 0000206030 3621 111962029 DE 1228 SC 13D/A 34 005-06258 97690968 645 MADISON AVE NEW YORK NY 10022 2125937900 645 MADISON AVENUE 645 MADISON AVENUE NEW YORK NY 10022 VERNITRON CORP 19920703 NETWORK FUND III LTD 0001038537 SC 13D/A C/O GILDEA MANAGEMENT CO 115 EAST PUTNAM AVENUE GREENWICH CT 06830 C/O GILDEA MANAGEMENT CO 115 EAST PUTNAM AVENUE GREENWICH CT 06830 SC 13D/A 1 000088981297002111-001-seq1-sc-13d-a.txt AMENDMENT NO. 1 TO GENERAL STATEMENT OF