SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 1)

Flowserve Corporation         
(Name of Issuer)

Common Stock Par Value $1.25 Per Share   
(Title of Class and Securities) 

34354P105                 
(CUSIP Number of Class of Securities)

James E. McKee, Gabelli Funds, Inc.,
One Corporate Center, Rye, NY 10580-1435 (914) 921-5294
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

March 31, 1999                  
(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 Sections 240.13d-1(e), or
240.13d-1(f) or 240.13d-1(g), check the following box [  ].       

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Funds, LLC            I.D. No. 13-4044523
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
OO-Funds of investment company clients
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          _____
/    /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     610,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  (Item 5) 
OWNED BY EACH REPORTING                :________________________
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     610,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  (Item 5)  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
610,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         _____
/    /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.61%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IA
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!  

________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GAMCO Investors, Inc.              I.D. No. 13-4044521
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
OO-Funds of investment advisory clients
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          _____
/  x /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     1,796,100 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None 
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     1,842,600 (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,842,600 (Item 5)
_________________________________________________________________

(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.88%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IA, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!   

________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Performance Partnership L.P.   I.D. No. 13-3396569
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
WC     
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ____
/___/
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York 
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     1,500 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     1,500 (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,500 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________

*SEE INSTRUCTIONS BEFORE FILLING OUT!

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gemini Capital Management Ltd. 
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
00-Funds of clients
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ____
/___/
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda                     
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     None (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     None (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________

*SEE INSTRUCTIONS BEFORE FILLING OUT!

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli & Company, Inc.            I.D. No. 13-2885006
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
WC                    
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ______
/  X  /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     600   (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  (Item 5)
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     600   (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  (Item 5)
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
600  (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
BD, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!  

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli International II Limited  I.D. No. Foreign         
Corporation
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
WC 
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ____
/___/
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     7,500 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     7,500 (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,500 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.02%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________

*SEE INSTRUCTIONS BEFORE FILLING OUT!

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Funds, Inc.            I.D. No. 13-3056041
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
None
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          _____
/    /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     None (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  (Item 5) 
OWNED BY EACH REPORTING                :________________________
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     None (Item 5)
:________________________
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  (Item 5)  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         _____
/  x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
HC, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!  

________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Asset Managment Inc.       I.D. No. 13-4007862
_________________________________________________________________
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
None
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          _____
/    /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     None (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None 
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     None (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None (Item 5)
_________________________________________________________________

(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         ____
/_X_/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
HC, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!   

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Marc J. Gabelli                 
________________________________________________________________ 
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
None
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ____
/    /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
USA 
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     None   (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     None   (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None   (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         _____
/  x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________

*SEE INSTRUCTIONS BEFORE FILLING OUT!

_________________________________________________________________

CUSIP No. 34354P105                                        13D
_________________________________________________________________
(1)  NAMES OF REPORTING PERSONS 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mario J. Gabelli                
_________________________________________________________________ 
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3)  SEC USE ONLY
_________________________________________________________________
(4)  SOURCE OF FUNDS*
None 
_________________________________________________________________
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ____
/    /
_________________________________________________________________
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION
USA 
_________________________________________________________________ 
: (7) SOLE VOTING POWER
:     None   (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY          :     None  
OWNED BY EACH REPORTING                :________________________ 
PERSON WITH                            : (9) SOLE DISPOSITIVE 
:     POWER
:     None   (Item 5)
:________________________ 
:(10) SHARED DISPOSITIVE 
:     POWER
:     None  
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None   (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES*                         _____
/  x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________

*SEE INSTRUCTIONS BEFORE FILLING OUT!

Item 1.   Security and Issuer
This Amendment No. 1 to Schedule 13D on the Common
Stock of Flowserve Corporation, (the "Issuer") is being filed on
behalf of the undersigned to amend the Schedule 13D, as amended
(the "Schedule 13D") which was originally filed on November 19,
1998.  Unless otherwise indicated, all capitalized terms used
herein but not defined herein shall have the same meaning as set
forth in the Schedule 13D.

Item 2.   Identity and Background
This statement is being filed by Mario J. Gabelli
("Mario Gabelli"), Marc J. Gabelli ("Marc Gabelli") and various
entities which either one directly or indirectly controls or for
which either one acts as chief investment officer.  These
entities, except for Lynch Corporation ("Lynch"), Spinnaker
Industries, Incorporated ("Spinnaker"), Western New Mexico
Telephone Company ("Western New Mexico"), Entoleter, Inc.
("Entoleter"),  Lynch Telecommunications Corporation ("Lynch
Telecom"), Lynch Telephone Corporation ("Lynch Telephone") and
Inter-Community Telephone Company ("Inter-Community")
(collectively, "Lynch and its affiliates"), engage in various
aspects of the securities business, primarily as investment
adviser to various institutional and individual clients, includ-
ing registered investment companies and pension plans, as
broker/dealer and as general partner of various private invest-
ment partnerships.  Certain of these entities may also make
investments for their own accounts. 
The foregoing persons in the aggregate often own
beneficially more than 5% of a class of equity securities of a
particular issuer.  Although several of the foregoing persons are
treated as institutional investors for purposes of reporting
their beneficial ownership on the short-form Schedule 13G, the
holdings of those who do not qualify as institutional investors
may exceed the 1% threshold presented for filing on Schedule 13G
or implementation of their investment philosophy may from time to
time require action which could be viewed as not completely
passive.  In order to avoid any question as to whether their
beneficial ownership is being reported on the proper form and in
order to provide greater investment flexibility and administra-
tive uniformity, these persons have decided to file their benefi-
cial ownership reports on the more detailed Schedule 13D form
rather than on the short-form Schedule 13G and thereby to provide
more expansive disclosure than may be necessary. 
(a), (b) and (c) - This statement is being filed by one
or more of the following persons: Gabelli Funds, Inc. ("GFI"),
Gabelli Asset Management Inc. ("GAMI") , Gabelli Funds, LLC
("Gabelli Funds"),  GAMCO Investors, Inc. ("GAMCO"), Gabelli
Securities, Inc. ("GSI"), Gabelli & Company, Inc. ("Gabelli &
Company"), Gabelli Performance Partnership L.P. ("GPP"), GLI,
Inc. ("GLI"), Gabelli Associates Fund ("Gabelli Associates"),
Gabelli Associates Limited ("GAL"), Gabelli & Company, Inc.
Profit Sharing Plan (the "Plan"), Gabelli International Limited
("GIL"), Gabelli International II Limited ("GIL II"), Gabelli
International Gold Fund Limited ("GIGFL"), ALCE Partners, L.P.
("ALCE"), Gabelli Multimedia Partners, L.P. ("Multimedia
Partners"), MJG Associates, Inc. ("MJG Assocciates"), Gemini
Capital Management Ltd. ("Gemini"), Gabelli Fund, LDC ("LDC"),
Gabelli Foundation, Inc. ("Foundation"), Mario Gabelli, Marc
Gabelli, Lynch, Spinnaker, Western New Mexico, Entoleter, Lynch
Telecom, Lynch Telephone and Inter-Community. Those of the
foregoing persons signing this Schedule 13D are hereafter
referred to as the "Reporting Persons". 

GFI makes investments for its own account and is the
parent company of GAMI. GAMI, a public company listed on the New
York Stock Exchange, is the parent company for a variety of
companies engaged in the Securities business, each of which is
named below.
GAMCO, a wholly-owned subsidiary of GAMI, is an
investment adviser registered under the Investment Advisers Act
of 1940, as amended ("Advisers Act").  GAMCO is an investment
manager providing discretionary managed account services for
employee benefit plans, private investors, endowments, founda-
tions and others. 
GSI, a majority-owned subsidiary of GAMI, acts as a
general partner or investment manager to limited partnerships and
offshore investment companies and as a part of its business
regularly purchases and sells securities for its own account.  It
is the immediate parent of Gabelli & Company.  
Gabelli & Company, a wholly-owned subsidiary of GSI, is
a broker-dealer registered under the Securities Exchange Act of
1934, as amended ("l934 Act"), which as a part of its business
regularly purchases and sells securities for its own account.  
GLI, wholly-owned subsidiary of GSI, is a corporation
which currently has no active operations. 
Gabelli Associates is a New York limited partnership
whose primary business purpose is risk arbitrage investments. 
GSI and Mario Gabelli are the general partners of Gabelli As-
sociates. 
GAL is a corporation whose primary business purpose is 
risk arbitrage investments.  Shares of GAL's common stock are
offered to persons who are neither citizens nor residents of the 
United States and may be offered to a limited number of U.S.
investors.  GSI is the investment manager of GAL.
Gabelli Funds, a wholly-owned subsidiary of GAMI, is a
limited liability company. Gabelli Funds is an investment adviser
registered under the Advisers Act which presently provides
discretionary advisory services to The Gabelli Equity Trust Inc.,
The Gabelli Asset Fund, The Gabelli Growth Fund, The Gabelli
Convertible Securities Fund, Inc., The Gabelli Value Fund Inc.,
The Gabelli Small Cap Growth Fund, The Gabelli Equity Income
Fund, The Gabelli ABC Fund, The Gabelli Global Telecommunications
Fund, Gabelli Gold Fund, Inc., The Gabelli Global Multimedia
Trust Inc., The Gabelli Global Convertible Securities Fund,
Gabelli Capital Asset Fund, Gabelli International Growth Fund,
Inc., The Gabelli Global Interactive Couch Potato Fund and The
Gabelli Global Opportunity Fund (collectively, the "Funds"),
which are registered investment companies.
Gabelli Advisers, Inc. ("Gabelli Advisers"), a
subsidiary of GAMI, is an investment adviser which provides
discretionary advisory services to The Gabelli Westwood Mighty
Mitessm Fund.
The Plan, a qualified employee profit sharing plan,
covers substantially all employees of GAMI and its affiliates. 
GPP is a limited partnership whose primary business
purpose is investing in securities.  MJG Associates is the
general partner of GPP, and Mario Gabelli is a portfolio manager
for GPP. 
GIL is a corporation whose primary business purpose is 
investing in a portfolio of equity securities and securities
convertible into, or exchangeable for, equity securities in order
to achieve its investment objective of significant long-term
growth of capital.  Shares of GIL's common stock are offered to
persons who are neither citizens nor residents of the United
States and may be offered to a limited number of U.S. investors. 
MJG Associates is the Investment Manager of GIL.  Mario Gabelli
is a portfolio manager for GIL and Chairman of the Board of
Directors of GIL.
GIL II is a corporation whose business purpose is
investing primarily in a portfolio of equity securities and
securities convertible into, or exchangeable for, equity securit-
ies in order to achieve its investment objective of significant
long-term growth of capital.  Shares of GIL II's common stock are
offered to persons who are neither citizens nor residents of the 
United States and may be offered to a limited number of U.S.
investors.   MJG Associates is the Investment Manager of GIL II. 
Mario Gabelli is a portfolio manager and Chairman of the Board of
Directors of GIL II. 
ALCE is an investment limited partnership that seeks long-
term capital appreciation primarily through investments in public
and private equity securities.  GSI is a general partner of ALCE.
Multimedia Partners is an investment limited partnership
whose objective is to provide long-term capital appreciation by
investing primarily in public and private multimedia communi-
cations companies.  GSI is a general partner of Multimedia
Partners.
LDC is a corporation whose business purpose is investing
primarily in a portfolio of equity securities and securities
convertible into, or exchangeable for, equity securities in order
to achieve its investment objective of significant long-term
growth of capital.  Interests are offered to insurance companies
which do not conduct any business in the United States and which
are licensed where they do business.  MJG Associates is the
Investment Manager of LDC.  Mario Gabelli is a portfolio manager
for LDC.  
MJG Associates provides advisory services to private
investment partnerships and offshore funds.  Mario  Gabelli is
the sole shareholder, director and employee of MJG Associates.
Gemini is a corporation whose primary business purpose is
to provide advisory services to offshore funds.  Marc Gabelli is
the President and Chief Investment Officer of Gemini.
The Foundation is a private foundation. Mario Gabelli is
the President, a Trustee and the Investment Manager of the
Foundation.
Lynch is a diversified public company traded on the
American Stock Exchange.  Its subsidiaries are engaged in
communications, services, and manufactured products.  Spinnaker,
a subsidiary of Lynch, is also a public company and its stock is
traded on the NASDAQ National Market.  Spinnaker is a diversified
manufacturing firm with major subsidiaries in specialty adhesive-
backed materials business.  Another of Lynch's subsidiaries,
Western New Mexico, provides telephone services in a service area
in Southwestern New Mexico.  Inter-Community, which is also a
subsidiary of Lynch, provides local telephone services in an area
40 miles west of Fargo, North Dakota.   Lynch and Spinnaker
actively pursue new business ventures and acquisitions.  Lynch
and its affiliates make investments in marketable securities to
preserve capital and maintain liquidity for financing their
business activities and acquisitions (not in the case of Western
New Mexico) and are not engaged in the business of investing,
reinvesting, or trading in securities.  Mario Gabelli is Chairman
of Lynch and beneficially owns approximately 23% of the shares of
common stock of Lynch. 
Mario Gabelli is the majority stockholder and Chairman
of the Board of Directors and Chief Executive Officer of GFI and
GAMI, and the Chief Investment Officer for each of the Reporting
Persons which are entities other than Gemini.  GFI is the
majority shareholder of GAMI. GAMI, in turn, is the sole
stockholder of GAMCO.  GAMI is also the majority stockholder of
GSI and the largest shareholder of Gabelli Advisers.  Gabelli &
Company is a wholly-owned subsidiary of GSI.  GLI is a
wholly-owned subsidiary of GSI.  Marc Gabelli is the majority
stockholder of Gemini.
The Reporting Persons do not admit that they constitute
a group. 
GFI, GAMI, GAMCO, Gabelli & Company and GLI are New
York corporations and GSI and Gabelli Advisers are Delaware
corporations, each having its principal business office at One
Corporate Center, Rye, New York 10580.  Gabelli Funds is a New
York limited liability company having its principal business
office at One Corporate Center, Rye, New York 10580. GPP is a New
York limited partnership having its principal business office at
401 Theodore Fremd Ave., Rye, New York 10580.  MJG Associates is
a Connecticut corporation having its principal business office at
401 Theodore Fremd Ave., Rye, New York 10580. Gabelli Associates
is a New York limited partnership having its principal business
office at One Corporate Center, Rye, New York 10580. Alce and
Multimedia Partners are Delaware limited partnerships each having
its principal business office at One Corporate Center, Rye, New
York 10580. GAL and GIL are corporations organized under the laws
of the British Virgin Islands, each having its principal business
office at c/o MeesPierson (Cayman) Limited, British American
Centre, Dr. Roy's Drive-Phase 3, George Town, Grand Cayman,
British West Indies.  GIL II is a corporation organized under the
laws of the British Virgin Islands having its principal business
office at c/o Coutts & Company (Cayman) Limited, West Bay Road,
Grand Cayman, British West Indies.  Gemini is a Bermuda
corporation having its principal business office at c/o Appleby,
Spurling & Kempe, Cedar House, 41 Cedar Avenue, Hamilton HM12,
Bermuda.  LDC is a corporation organized under the laws of the
British Virgin Islands having its pricipal business office at c/o
Tremont (Bermuda) Limited, Tremont House, 4 Park Road, Hamilton
HM II, Bermuda. The Foundation is a private foundation having its
principal offices at 165 West Liberty Street, Reno, Nevada 89501.
Lynch is an Indiana corporation having its principal business
office at 401 Theodore Fremd Avenue, Rye, NY 10580.  Spinnaker is
a Delaware corporation having its principal business office at
251 Welton Street, Hamden, CT 06511. 
For information required by instruction C to Schedule
13D with respect to the executive officers and directors of the
foregoing entities and other related persons (collectively,
"Covered Persons"), reference is made to Schedule I annexed
hereto and incorporated herein by reference. 
(d) and (e) -  On December 8, 1994, the SEC instituted 
and simultaneously accepted offers for the settlement of an
administrative proceeding against Gabelli & Company and GAMCO. 
The order instituting the proceeding included a finding, which
Gabelli & Company and GAMCO neither admitted nor denied, that
they failed to implement and maintain policies and procedures
reasonably designed to prevent the misuse of material, nonpublic
information by not specifically addressing the special
circumstances that arose from their affiliation with Lynch
Corporation, a public company.  To resolve this matter, Gabelli &
Company and GAMCO agreed to cease and desist from violating
Section 15(f) of the 1934 Act and Section 204A of the Advisers
Act, respectively.  They further agreed to each pay a civil
penalty in the amount of $50,000, and to retain, and adopt the
recommendations of, an independant consultant regarding their
Section 15(f) and Section 204A policies and procedures.  
(f) - Reference is made to Schedule I hereto.  

Item 3.   Source and Amount of Funds or Other Consideration
Item 3 to Schedule 13D is amended in pertinent part, as
follows:
All Reporting Persons used an aggregate of approximate-
ly $8,380,400 to purchase the addtional Securities reported as
beneficially owned in Item 5 below. GAMCO and GFI used approxi-
mately $5,741,643 and $2,635,482, respectively, of funds that
were provided through the accounts of certain of their investment
advisory clients (and, in the case of some of such accounts at
GAMCO, may be through borrowings from client margin accounts) in
order to purchase the additional Securities for such clients.
Gabelli & Company used approximately $3,275 of working capital to
purchase the additional Securities reported by it.  
Item 5.   Interest In Securities Of The Issuer
Item 5 to Schedule 13D is amended, in pertinent part,
as follows:
(a)  The aggregate number and percentage of Securities
to which this Schedule 13D relates is 2,462,200 shares, repre-
senting 6.52% of the 37,778,825 shares outstanding as reported in
the Issuer's most recently filed Form 10-K for the fiscal year
ended December 31, 1998.  The Reporting Persons beneficially own
those Securities as follows:
Shares of           % of
Common              Class of
Name                          Stock               Common  

Gabelli Funds:
As Principal                       0                0.00%
As Agent                     610,000                1.61%

GAMCO:
As Principal                       0                0.00%
As Agent                   1,842,600                4.88%

GPP                              1,500                0.00%

GIL II                           7,500                0.02%

Gemini                               0                0.00%

Gabelli & Company                  600                0.00%

Marc Gabelli                         0                0.00%

Mario Gabelli                        0                0.00%

Mario Gabelli is deemed to have beneficial ownership of

the Securities owned beneficially by each of the foregoing 

persons other than Marc Gabelli and Gemini.  Marc Gabelli is 

deemed to have beneficial ownership of the Securities owned 

beneficially by Gemini. GFI and GAMI are deemed to have 

beneficial ownership of the Securities owned beneficially by each 

the foregoing persons other than Mario Gabelli, Marc Gabelli and 

Gemini.

(b) Each of the Reporting Persons and Covered Persons
has the sole power to vote or direct the vote and sole power to
dispose or to direct the disposition of the Securities reported
for it, either for its own benefit or for the benefit of its
investment clients or its partners, as the case may be, except
that (i) GAMCO does not have the authority to vote 46,500 of the
reported shares, (ii) Gabelli Funds has sole dispositive and
voting power with respect to the shares of the Issuer held by the
Funds so long as the aggregate voting interest of all joint
filers does not exceed 25% of their total voting interest in the
Issuer and, in that event, the Proxy Voting Committee of each
Fund shall respectively vote that Fund's shares, (iii) at any
time, the Proxy Voting Committee of each such Fund may take and
exercise in its sole discretion the entire voting power with
respect to the shares held by such fund under special circum-
stances such as regulatory considerations, and (iv) the power of
Mario Gabelli, Marc Gabelli, GAMI and GFI is indirect with
respect to Securities beneficially owned directly by other
Reporting Persons. 
(c) Information with respect to all transactions in the
Securities which were effected during the past sixty days or
since the most recent filing on Schedule 13D, whichever is less,
by each of the Reporting Persons and Covered Persons is set forth
on Schedule II annexed hereto and incorporated herein by refer-
ence.          

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:  April 1, 1999

GABELLI FUNDS, INC.

By:_________________________
James E. McKee 
General Counsel

GAMCO INVESTORS, INC.

By:___________________________
Douglas R. Jamieson
Executive Vice President

GABELLI INTERNATIONAL II LIMITED

By:___________________________
Mario J. Gabelli, Chairman
by: James E. McKee
Attorney-in-Fact    

GABELLI PERFORMANCE PARTNERSHIP L.P.

By:______________________________
MJG Associates, Inc.,
General Partner
by: Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact

GABELLI FUNDS, LLC

By:______________________________
James E. McKee
Secretary 

GABELLI ASSET MANAGEMENT INC.   

By:______________________________
James E. McKee
General Counsel

GEMINI CAPITAL MANAGEMENT LIMITED

By:________________________________
Marc J. Gabelli
President
by: James E. McKee
Attorney-in-Fact

MARIO J. GABELLI

By:_____________________________
James E. McKee
Attorney-in-Fact

MARC J. GABELLI

By:_____________________________
James E. McKee
Attorney-in-Fact

Schedule I

Information with Respect to Executive
Officers and Directors of the Undersigned 

Schedule I to Schedule 13D is amended, in pertinent part, as
follows:
The following sets forth as to each of the executive offi-
cers and directors of the undersigned: his name; his business address;
and his present principal occupation or employment and the name,
principal business and address of any corporation or other
organization in which such employment is conducted.  Unless otherwise
specified, the principal employer of each such individual is Gabelli
Funds, Inc., Gabelli Asset Management Inc., Gabelli Funds, LLC,
Gabelli & Company, Inc., or GAMCO Investors, Inc., the business
address of each of which is One Corporate Center, Rye, New York 10580,
and each such individual identified below is a citizen of the United
States.  To the knowledge of the undersigned, during the last five
years, no such person has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors), and no such
person was a party to a civil proceeding of a judicial or ad-
ministrative body of competent jurisdiction as a result of which he
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 law or finding any violation with
respect to such laws except as reported in Item 2(d) of this Schedule
13D. 

Gabelli Funds, Inc. 

Directors: 

Mario J. Gabelli*

Richard B. Black              President and Director of 
Oak Technology, Inc.; 
Chairman ECRM; Director
of The Morgan Group, Inc.;
General Partner of KBA Part-  
ners, Parker Plaza
400 Kelby Street,
Fort Lee, NJ 07029

Charles C. Baum               Chairman, Director and Chief
Executive Officer of The Morgan
Group, Inc.; Secretary & Treasurer
United Holdings              
2545 Wilkens Avenue
Baltimore, MD  21223

Dr. Eamon M. Kelly            Professor
Payson Center for International
Development Technology Transfer
Tulane University
300 Hebert Hall
6823 St. Charles Avenue
New Orleans, LA  70118

Marc J. Gabelli               Managing Director

Matthew R. Gabelli            Vice President-Trading             
Gabelli & Company
One Corporate Center
Rye, New York 10580
Officers:

Mario J. Gabelli              Chairman, Chief Executive
Officer and Chief Investment
Officer

Stephen G. Bondi              Executive Vice President-Finance
and Adminstration

Robert S. Zuccaro             Vice President and Chief Financial
Officer

James E. McKee                Vice President, General 
Counsel and Secretary
_____________________

*    Mr. Gabelli is the Chief Executive Officer and Chief
Investment Officer of Gabelli Funds, Inc., Gabelli Asset Management Inc.
and GAMCO Investors, Inc.; Director/Trustee of all registered investment
companies advised by Gabelli Funds, Inc.; Chairman and Chief Executive
Officer of Lynch Corporation; Director of East/West Communications, Inc.

Gabelli Asset Management Inc. 

Directors: 

Mario J. Gabelli              See above

Richard B. Black              See above

Charles C. Baum               See above

Dr. Eamon M. Kelly            See above

Karl Otto Pohl (1)            Sal Oppenheim Jr. & Cie
Bockenheimer Landstrasse 20
D-6000 FRANKFURT AM MAIN
Germany

Officers:

Mario J. Gabelli              Chairman, Chief Executive
Officer and Chief Investment
Officer

Stephen G. Bondi              Executive Vice President-Finance
and Adminstration

Robert S. Zuccaro             Vice President and Chief Financial
Officer

James E. McKee                Vice President, General 
Counsel and Secretary

GAMCO Investors, Inc.

Directors:

Mario J. Gabelli
Douglas R. Jamieson
Joseph R. Rindler, Jr.
Regina M. Pitaro
F. William Scholz, II

Officers:

Mario J. Gabelli              Chief Executive Officer 
and Chief Investment Officer

Joseph R. Rindler, Jr.        Chairman

Douglas R. Jamieson           Executive Vice President and
Chief Operating Officer

Robert S. Zuccaro             Vice President and Chief
Financial Officer

Stephen G. Bondi              Vice President

James E. McKee                Vice President, General Counsel
and Secretary

Peter D. Goldstein            Deputy General Counsel and
Assistant Secretary

Gabelli Funds, LLC

Officers:

Mario J. Gabelli              Chief Investment Officer

Bruce N. Alpert               Executive Vice President and
Chief Operating Officer

Gus Coutsouros                Vice President and Chief Financial
Officer

Stephen G. Bondi              Vice President

James E. McKee                Secretary

Gabelli Advisers, Inc.

Directors:

Bruce N. Alpert
John D. Gabelli
Joseph R. Rindler, Jr.

Officers:

Bruce N. Alpert               Chief Operating Officer

Stephen G. Bondi              Vice President

James E. McKee                Secretary

Gabelli Securities, Inc.

Directors:

Robert W. Blake               President of W.R. Blake
& Sons, Inc.
196-20 Northern Boulevard
Flushing, NY  11358

Douglas G. DeVivo             General Partner of ALCE
Partners, L.P.
One First Street, Suite 16
Los Altos, CA  94022

Joseph R. Rindler, Jr.        See above

Officers:

Stephen G. Bondi              Vice President

Robert S. Zuccaro             Vice President-Finance

James E. McKee                Secretary

Gabelli & Company, Inc.

Directors:

James G. Webster, III         Chairman 

Stephen G. Bondi              See above

Donald C. Jenkins             Director of Research

Officers:

James G. Webster, III         Chairman 

Stephen G. Bondi              Vice President 

Bruce N. Alpert               Vice President-Mutual Funds

Walter K. Walsh               Compliance Officer

James E. McKee                Secretary

GLI, Inc.
Directors:

Mario J. Gabelli              See above-Gabelli Funds, Inc.

Officers:

Mario J. Gabelli              Chairman and Chief Investment
Officer

Stephen G. Bondi              Vice President

Gabelli Associates Limited

Directors:

Mario J. Gabelli              See above-Gabelli Funds, Inc.

Roger Hanson (2)              MeesPierson  (Cayman)
Limited        
British American Centre   
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman   
Cayman Islands, British             
WestIndies

Officers:

Mario J. Gabelli              Chief Investment Officer

Kevin Bromley (2)             Vice President, Treasurer and
Assistant Secretary

Sandra Wright (2)             Secretary and Assistant Treasurer

Gabelli International Limited

Directors:

Mario J. Gabelli              See above-Gabelli Funds, Inc.

Roger Hanson (2)              MeesPierson  (Cayman)         
Limited   
British American Centre   
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman   
Cayman Islands, British West Indies

Officers:

Kevin Bromley (2)             Vice President, Treasurer, and
Assistant Secretary 
MeesPierson (Cayman) Limited
British American Centre  
Dr. Roy's Drive- Phase 3   
Georgetown, Grand Cayman    
Cayman Islands, British West Indies

Sandra Wright (2)             Secretary and Assistant Treasurer
Assistant Secretary
MeesPierson (Cayman) Limited
British American Centre  
Dr. Roy's Drive- Phase 3   
Georgetown, Grand Cayman    
Cayman Islands, British West Indies

Gemini Capitial Management Ltd.

Directors:

Marc J. Gabelli               See above-Gabelli Funds, Inc.

Stephen G. Bondi              See Above-Gabelli Funds, Inc.

Michael A. Salatto            Controller, Gabelli Securities,
Inc.

Michael J. Burns (3)          Appleby, Spurling & Kempe
Cedar House
41 Cedar Avenue
Hamilton, HM12
Bermuda             

Douglas Molyneux (3)          Appleby, Spurling & Kempe
Cedar House
41 Cedar Avenue
Hamilton, HM12
Bermuda        

Gabelli Fund, LDC

Directors:

Johann S. Wong (4)            c/o Tremont (Bermuda)
Limited
Tremont House
4 Park Road
Hamilton HM 11, Bermuda

Peter D. Anderson (5)         Givens Hall Bank & Trust
Genesis Building
P.O. Box 2097
Grand Cayman, Cayman Islands
BWI3459498141

Karl Otto Pohl                See above

Anthonie C. van Ekris         See below

Lynch Corporation
401 Theodore Fremd Avenue
Rye, NY  10580

Directors:

Paul J. Evanson               President               
Florida Light & Power Co.
P.O Box 14000
700 Universe Blvd.
Juno Beach, Fl 33408

Mario J. Gabelli              See above-Gabelli Funds, Inc.

E. Val Cerutti                Business Consultant          
Cerutti Consultants 
227 McLain Street
Mount Kisco, NY   10540

Ralph R. Papitto              Chairman of the Board
AFC Cable Systems, Inc.
50 Kennedy Plaza
Suite 1250
Providence, RI  02903

Salvatore Muoio               Principal
S. Muoio & Co., LLC
Suite 1425
655 Third Avenue
New York, NY 10017       

John C. Ferrara               Business Consultant
c/o Lynch Corporation
401 Theodore Fremd Ave
Rye, NY 10580

David C. Mitchell             Business Consultant
c/o Lynch Corporation
401 Theodore Fremd Ave
Rye, NY 10580

Officers:

Mario J. Gabelli              Chairman and Chief Executive
Officer

Robert E. Dolan               Chief Financial Officer 

Carmine Ceraolo               Assistant Controller

Robert A. Hurwich             Vice President-Administration,
Secretary and General Counsel

Spinnaker Industries, Inc.
600 N. Pearl Street 
Suite 2160
Dallas, TX  75201

Directors:

Joseph P. Rhein               5003 Central Avenue     
Ocean City, NJ  08226

Richard J. Boyle              The Boyle Group, Inc.             
6110 Blue Circle Drive
Suite 250           
Minnetonka, MN  55343

Ned N. Fleming, III           Boyle, Fleming, 
& Co., Inc.              
600 N. Pearl Street
Suite 2160
Dallas, TX  75201

Robert E. Dolan               See above Lynch Corporation

Anthonie C. van Ekris         Chairman and Chief 
Executive Officer
Balmac International, Inc.
61 Broadway
Suite 1900
New York, NY  10006

Frank E. Grzelecki            President
Saugatuck
1 Canterbury Green
Stamford, CT 06901
Officers:

Ned N. Fleming, III           President and Chief Operating
Officer

Richard J. Boyle              Chairman and Chief Executive
Officer

Robert A. Hurwich             Secretary

Mark A. Matteson              Vice President, Corporate
Development

Craig Jennings                Vice President, Finance and
Treasurer

Entoleter, Inc.
251 Welton Street
Hamden, CT  06517

Directors:

Ned N. Fleming, III           See above-Spinnaker

Mark A. Matteson              See above-Spinnaker

Robert P. Wentzel             See above Entoleter

James Fleming                 230 Saugatuck Avenue, Unit 8
Westport, CT  06880
Officers:

Robert P. Wentzel             President

Mark R. Matteson              Vice President

Charles DeMarino              Controller & Secretary

Western New Mexico Telephone Company
314 Yankee Street
Silver City, NM  88062

Directors:

Jack W. Keen                  Chairman and President

Dr. Brian E. Gordon           Vice President

Mary Beth Baxter              Secretary & Treasurer

John Clay Keen                Route 6
Box 270
Greenville, TX 75401

Robert E. Dolan               See above-Lynch Corporation

Robert A. Hurwich             See above-Lynch Corporation

Carmine Ceraolo               See above-Lynch Corporation

Mary J. Carroll               See above-Lynch Corporation

Eugene P. Connell             See above-Lynch Corporation

Michael F. Mangan             See below-Lynch Telecommunications
Corporation

Officers:

Jack W. Keen                  Chairman and President

Dr. Brian E. Gordon           Vice President

Charles M. Baxter             Sr. Vice President-Operations

Mary Beth Baxter              Secretary & Treasurer

Robert A. Hurwich             Assistant Treasurer

Inter-Community Telephone Company
P.O. Box A
Nome, ND  58062

Directors:

Mary J. Carroll               See above-Lynch Corporation

Robert E. Dolan               See above-Lynch Corporation

Robert A. Hurwich             See above-Lynch Corporation

Eugene P. Connell             See above-Lynch Corporation

Harry B. Snyder               P.O. Box 131
Buffalo, ND  58011

Robert Snyder                 200 Broadway South
Buffalo, ND  58011

Keith S. Andersen             See above-Inter-Community Telephone
Company

Robert Reff                   See above-Inter-Community Telephone
Company

Michael F. Mangan             See below-Lynch Telecommunications
Corporation

Jack Bently                   1210 E. Washington Ave
Gilbert, AZ 85234

Officers:

Robert Snyder                 President 

Keith S. Andersen             Secretary

Harry B. Snyder               Treasurer

Robert A. Hurwich             Assistant Secretary

Lynch Telecommunications Corporation
401 Theodore Fremd Avenue
Rye, NY 10580

Directors:

Richard A. Kiesling           2801 International Lane
Suite 207
Madison, WI  53740           

Robert E. Dolan               See above-Lynch Corporation

Jack W. Keen                  See above-Lynch Corporation

Robert A. Snyder              See above-Inter-Community
Telephone Company

Michael F. Mangan             See above-Lynch Corporation

Officers:

Robert A. Hurwich             Secretary

Michael F. Mangan             Treasurer and 
Assistant Secretary

Robert E. Dolan               President, Controller, Assistant
Treasurer, and Assistant Secretary

Lynch Telephone Corporation
401 Theodore Fremd Avenue
Rye, NY 10580  

Directors:

Robert E. Dolan               Controller

Jack W. Keen                  President

Robert A. Hurwich             See above-Lynch Corporation

Michael F. Mangan             See above-Lynch Telecommunications
Corporation

Officers:

Jack W. Keen                  President

Robert A. Hurwich             Secretary

Mary Beth Baxter              Treasurer and 
Assistant Secretary

Robert E. Dolan               Vice President and Controller

(1) Citizen of Germany
(2) Citizen of the Cayman Islands
(3) Citizen of Bermuda
(4) Citizen Bermuda and Canada
(5) Citizen of the UK

SCHEDULE II     

INFORMATION WITH RESPECT TO               
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR  
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)     

SHARES PURCHASED        AVERAGE    
DATE            SOLD(-)             PRICE(2)  

COMMON STOCK-FLOWSERVE CORP COM                                      

GABELLI FUNDS, LLC                                                   
THE GABELLI VALUE FUND,INC.                                      
3/10/99            8,000            15.9781    
2/17/99            2,000            16.0500    
THE GABELLI SMALL CAP GROWTH FUND                                
2/11/99           35,000            16.5167    
THE GABELLI EQUITY TRUST,INC.                                    
2/11/99           55,000            16.5167    
THE GABELLI ASSET FUND                                           
3/26/99            5,000            15.4250    
3/10/99            5,000            15.9781    
THE GABELLI CAPITAL ASSET FUND                                   
3/10/99            7,000            15.9781    
2/11/99           10,000            16.5167    
3/03/99           30,000-           15.3245    
GAMCO INVESTORS, INC.                                                 
3/31/99           16,000            15.6250    
3/30/99            8,000            15.5000    
3/30/99            3,000            15.6250    
3/30/99            1,200-             *DO      
3/30/99           10,000            15.3125    
3/30/99           10,000            15.3750    
3/29/99            4,000            15.6875    
3/26/99            5,000            15.3438    
3/26/99            4,000            15.1875    
3/26/99              500-             *DO      
3/25/99            3,500            15.5000    
3/23/99            1,000            15.7500    
3/22/99              500            15.8750    
3/19/99            2,300            15.6250    
3/18/99           16,500            15.9905    
3/18/99           13,900            16.0000    
3/17/99            2,200-           15.9152    
3/17/99            3,500            15.9946    
3/17/99            1,000            15.9152    
3/16/99            3,500-           16.0000    

SCHEDULE II     

INFORMATION WITH RESPECT TO               
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR  
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)     

SHARES PURCHASED        AVERAGE    
DATE            SOLD(-)             PRICE(2)  

COMMON STOCK-FLOWSERVE CORP COM                                      

GAMCO INVESTORS, INC.                                                 
3/16/99            4,200            15.9152    
3/16/99            1,200-           15.8750    
3/15/99           13,500            16.0921    
3/15/99            1,000            16.0000    
3/11/99            2,500            16.0750    
3/11/99            1,500            15.8750    
3/10/99            5,000-           15.3750    
3/10/99            4,000            15.3750    
3/10/99           10,000            15.8750    
3/10/99            1,500            15.6250    
3/09/99            5,000            15.3750    
3/08/99              300            15.8125    
3/08/99            1,100            15.7500    
3/08/99            3,000            15.9333    
3/05/99            1,900            15.6875    
3/04/99            4,000            15.8125    
3/03/99            1,000            15.2500    
3/02/99            3,000            15.7500    
2/26/99            4,200            16.6250    
2/26/99            4,000            16.5297    
2/25/99            3,000            16.2500    
2/24/99            2,000            16.8125    
2/24/99            2,000            16.8750    
2/24/99            2,000            16.7500    
2/23/99            5,000            16.7175    
2/23/99            5,100            16.5000    
2/22/99              900            16.5000    
2/22/99              250            16.6875    
2/22/99            2,000            16.3750    
2/22/99            3,000            16.5625    
2/22/99            7,000            16.5451    
2/19/99            2,000            16.3750    
2/18/99            1,000            16.5000    
2/17/99            3,000            16.0625    
2/16/99            2,000            16.1875    
2/16/99            3,400            16.3086    

SCHEDULE II     

INFORMATION WITH RESPECT TO               
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR  
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)     

SHARES PURCHASED        AVERAGE    
DATE            SOLD(-)             PRICE(2)  

COMMON STOCK-FLOWSERVE CORP COM                                      

GAMCO INVESTORS, INC.                                                 
2/16/99            2,000            16.2500    
2/16/99            3,000            16.3086    
2/12/99            3,000            16.6250    
2/12/99            5,000            16.8125    
2/12/99            5,500            16.7500    
2/12/99            5,600            16.7103    
2/12/99            7,000            16.7103    
2/11/99            2,000            16.4063    
2/10/99            3,000            16.6500    
2/09/99            2,000            17.2521    
2/09/99           10,000            17.2521    
2/08/99            7,700            16.7500    
2/08/99            2,000            16.7500    
2/08/99            3,000-           16.6875    
2/04/99            1,000            17.1250    
2/03/99              700-           17.0625    
2/02/99            3,000            17.2500    
2/02/99              500-           17.1250    

(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED        
ON THE NY STOCK EXCHANGE.                                         

(2) PRICE EXCLUDES COMMISSION.                                        

(*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.