United States Securities and Exchange Commission Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amemdment No._______)* PSC, Inc. (Name of Issuer) Common (Title of Clas of Securities) 69361E107 (CUSIP Number) December 31, 2001 (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) CUSIP No. 69361E107 1. Name of Reporting Persons IRS Identification Nos. of above persons(entities only) Whelan and Gratny Capital Management #94-3148665 2. Check the Appropriate Box if a Memeber of a Group (a) X (b) 3. SEC Use Only 4. Citizenship or Place of Organization USA 5. Sole Voting Power 1,034,750 shares 6. Shared Voting Power 381,837 shares 7. Sole Dispositive Power 1,034,750 shares 8. Share Dispositive Power 381,837 shares 9. Aggregate Amount Beneficially Owned by Each Reporting Person 11.0% 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares 11. Percent of Class Represented by Amount in Rox (11) 12. Type of Reporting Person IA