Form: SC 13G/A

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

February 11, 1997

SC 13G/A: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

Published on February 11, 1997


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


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


RESMED, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)


Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)


761152107
------------------------------
(CUSIP Number)



*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).

Page 1 of 4 pages
SCHEDULE 13G
------------

CUSIP No. 761152107 Page 2 of 4
---------

1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

COLUMBIA FUNDS MANAGEMENT COMPANY
--------------------------------------------------------------------------

2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]

3) SEC USE ONLY _____________________________________________________________


4) CITIZENSHIP OR PLACE OF ORGANIZATION

OREGON
--------------------------------------------------------------------------

5) SOLE VOTING POWER

NUMBER OF
--------------------------------------------------
SHARES
6) SHARED VOTING POWER
BENEFICIALLY
605,000
OWNED BY --------------------------------------------------

EACH 7) SOLE DISPOSITIVE POWER

REPORTING
--------------------------------------------------
PERSON
8) SHARED DISPOSITIVE POWER
WITH
605,000
--------------------------------------------------

9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

605,000. Columbia Funds Management Company disclaims beneficial
ownership of these shares.
--------------------------------------------------------------------------

10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]


--------------------------------------------------------------------------

11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.42
--------------------------------------------------------------------------

12) TYPE OF REPORTING PERSON*

IA
--------------------------------------------------------------------------

2 of 4
Item 1(a). Name of Issuer
- --------- --------------

RESMED, INC.

Item 1(b). Address of Issuer's Principal Executive Offices
- --------- -----------------------------------------------

5744 Pacific Center Blvd.
San Diego, CA 92121

Item 2(a). Name of Person Filing
- --------- ---------------------

COLUMBIA FUNDS MANAGEMENT COMPANY

Item 2(b). Address of Principal Business Office, or if none, Residence
- --------- -----------------------------------------------------------

1300 SW Sixth Avenue
PO Box 1350
Portland, OR 97207

Item 2(c). Citizenship
- --------- -----------

Oregon corporation.

Item 2(d). Title of Class of Securities
- --------- ----------------------------

Common Stock

Item 2(e). CUSIP NUMBER
- --------- ------------

761152107

Item 3. If this statement is filed pursuant to Rule 13d-2(b), check
- ------ whether the filing person is a:
-----------------------------------------------------------

(a) [ ] Broker or Dealer registered under Section 15 of the Act

(b) [ ] Bank as defined in section 3(a)(6) of the Act

(c) [ ] Insurance Company as defined in section 3(a)(19)
of the Act

(d) [ ] Investment Company registered under section 8 of the
Investment Company Act

(e) [XX] Investment Adviser Registered under section 203 of the
Investment Advisers Act of 1940

(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)

(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G) (NOTE: See Item 7)

(h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership:
- ------ ---------

(a) 605,000

(b) 8.42

(c) Shared voting and dispositive power - 605,000 shares

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

INAPPLICABLE

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

INAPPLICABLE

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

INAPPLICABLE

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

INAPPLICABLE

Item 9. Notice of Dissolution of Group
- ------ ------------------------------

INAPPLICABLE

Item 10. Certification
- ------- -------------

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

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 10, 1997


COLUMBIA FUNDS MANAGEMENT COMPANY



By: GEORGE L. HANSETH
-----------------------------------
George L. Hanseth, Vice President