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ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.
         ------------------------------------

         Paragraph 5(a) is hereby amended by inserting the following paragraph
after the end thereof:

         On December 7, 1993, Glazer contributed to the Trust all of his Shares
of Zapata Stock, which represent approximately 32.7% of the outstanding Common
Stock.   Mr. Glazer, as trustee and beneficiary of the Trust, is a beneficial
owner with respect to the Shares held by the Trust.

         On May 2, 1994, a one-for-five reverse stock split of the outstanding
Common Stock became effective.  The reverse stock split reduced the number of
outstanding Shares of common stock to approximately 31,700,000 and the number
of Shares held by the Trust to 10,395,384 Shares.  The Trust's 10,395,384
Shares constitute approximately 32.8% of Zapata's outstanding Common Stock,
based on the 31,700,000 Shares of Common Stock reported as outstanding as of
August 11, 1994 by Zapata in its Form 10-Q for the quarterly period ended June
30, 1994.

         Paragraph 5(b) is hereby amended by inserting the following paragraph
after the end thereof:

         Mr. Glazer, as sole trustee of the Trust, has the sole power to vote
and to direct the vote and the sole power to dispose and to direct the
disposition of the 10,395,384 shares held by the Trust.

         Paragraph 5(d) is hereby amended by inserting the following paragraph
after the end thereof:

         Under the Escrow Deposit Agreement discussed in Item 6 below, the
Trust retains the right to receive all dividends made of record or with respect
to the Shares held by the Trust.

ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
         WITH RESPECT TO THE SECURITIES OF THE ISSUER.
         ---------------------------------------------

         The Trust entered into a Securities Purchase Agreement dated as of
October 12, 1994 for the purchase of 1,100,299 shares of the common stock of
Envirodyne Industries, Inc. ("Envirodyne") from Edwin H. Morgens and Bruce
Waterfall as agents for Restart Partners, L.P., Restart Partners II, L.P.,
Restart Partners III, L.P., Restart Partners IV, L.P., the Common Fund for
Non-Profit Organizations, Morgens Waterfall Income Partners and Morgens,
Waterfall, Vintiadis & Company Employees Profit Sharing Plan (collectively,
"Morgens & Waterfall").  The closing under the Securities Purchase Agreement is
subject to, among other things, the expiration or earlier termination of the
applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1970.  Until the closing, such shares are being held in escrow





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