Goldsmith Philip W – ‘SC 13G/A’ on 2/11/05 re: Applied Extrusion Technologies Inc/DE

On:  Friday, 2/11/05, at 6:56pm ET   ·   As of:  2/14/05   ·   Accession #:  910662-5-126   ·   File #:  5-42039

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    P Goldsmith                                            5     15K 
 2: EX-99       Miscellaneous Exhibit                                  1      4K 

SC 13G/A   —   P Goldsmith
Document Table of Contents

SC 13G/A
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

 Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Applied Extrusion Technologies, Inc.
------------------------------------
(Name of Issuer)

 Common Stock, $0.01 Par Value per Share
 ---------------------------------------
(Title of Class of Securities)

 038196101
 ---------
(CUSIP Number)

 December 31, 2004
 -----------------
 (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed:                                                                       

[X] Rule 13d-1(b)                                                               

[ ] Rule 13d-1(c)                                                               

[ ] Rule 13d-1(d)                                                               

*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 the       
disclosures provided in a prior cover page.                                     

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of   
1934 ("Act") or otherwise subject to the liabilities of that section of the Act 
but shall be subject to all other provisions of the Act (however, see the       
Notes).                                                                         

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Schedule 13G/A                                                                  

CUSIP No. 038196101                                                             

1. Names of Reporting Persons: Philip W. Goldsmith                          
     I.R.S. Identification Nos. of above persons (entities only): Not Applicable

2. Check the Appropriate Box if a Member of a Group (See Instructions):     

(a) [  ]                                                    

(b) [  ]                                                    

3.  SEC Use Only                                                            

4. Citizenship or Place of Organization: U.S.                               

Number of                  5.  Sole Voting Power:             --0--             
Shares                                                                          
Beneficially               6.  Shared Voting Power:           --0--             
Owned by                                                                        
Each                       7.  Sole Dispositive Power:        --0--             
Reporting                                                                       
Person With                8.  Shared Dispositive Power:      --0--             

9. Aggregate Amount Beneficially Owned by Each Reporting Person: --0--      

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See     
Instructions): [ ]                                                              

11. Percent of Class Represented by Amount in Row (9): 0%                     

12. Type of Reporting Person (See Instructions): HC                           

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Item 1.                                                                         

(a) The name of the issuer is Applied Extrusion Technologies, Inc.  
(the "Corporation").                                                            

(b) The Corporation's executive office is located at 15 Read's Way, 
New Castle, Delaware 19720.                                                     

Item 2.                                                                         

(a) The person filing this statement is Philip W. Goldsmith.        

      (b) Mr. Goldsmith's residence is 350 East 72nd Street, New York, NY 10021.

(c) Mr. Goldsmith is a United States citizen.                       

  (d) The security (the "Security") is common stock, $0.01 par value per
share.                                                                          

(e) The CUSIP Number of the Security is 038196101.                  

Item 3.                                                                         

See Exhibit A.                                                      

Item 4.    Ownership                                                            

(a) Mr. Goldsmith is the beneficial owner of no shares of the       
Security.                                                                       

(b) The amount of shares of the Security beneficially owned by Mr.  
Goldsmith is 0% of the total outstanding shares of the Security.                

(c) (i)-(iv) Not applicable.                                        

Item 5.  Ownership of Five Percent or Less of a Class                           

 If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than  
five percent of the class of securities, check the following [x].               

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.       

Not applicable.                                         

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Item 7.  Identification and Classification of the Subsidiary Which Acquired the 
Security  Being  Reported  on By the Parent Holding Company.  

See Exhibit A.                                          

Item 8.  Identification and Classification of Members of the Group.             

Not applicable.                                         

Item 9.  Notice of Dissolution of Group.                                        

Not applicable.                                         

Item 10.  Certification.                                                        

By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the      
ordinary course of business and were not acquired and are not held for the      
purpose of or with the effect of changing or influencing the control of the     
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

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 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.                                                                        

Date:  February 11, 2005                                                        

                                                 /s/ Philip W. Goldsmith
                                                     ---------------------------
                                                     Philip W. Goldsmith

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
Filed as of:		2/14/05							SC 13G,  SC 13G/A
Filed on:		2/11/05		5					SC 13G/A
		12/31/04		1					10-Q
									List all Filings