SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment 4)*
Spectrx, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
847635109
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(CUSIP Number)
August 2, 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).
(Continued on following page(s))
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1) Name of Reporting Person Safeco Corporation
S.S. or I.R.S. Identification
No. of Above Person
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2) Check the Appropriate Box (a)
if a Member of a Group ___________________________
(See Instructions) (b)
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3) SEC Use Only
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4) Citizenship or Place of Organization State of Washington
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Number of (5) Sole Voting
Shares Bene- Power 0
ficially ___________________________________________________
Owned by (6) Shared Voting
Reporting Power 210,000
Person With ___________________________________________________
(7) Sole Dispositive
Power 0
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(8) Shared Dispositive
Power 210,000
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9) Aggregate Amount Beneficially
Owned by Reporting Person 210,000(1)
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10) Check if the Aggregate
Amount in Row (9) Excludes
Certain Shares (See Instructions)
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11) Percent of Class Represented
by Amount in Row 9 1.8%
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12) Type of Reporting Person HC
(See Instructions)
_______________________________________________________________
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1 The Reporting Person disclaims any beneficial ownership of the shares
reported on this 13G. The reported shares are owned beneficially by an
employee benefit plan for which the Reporting Person is a plan sponsor.
Item 1(a). Name of Issuer: See front cover
Item 1(b). Address of Issuer Principal Executive Offices:
6025A Unity Drive, Norcross, GA 30071
Item 2(a). Name of Person(s) Filing: See Item 1 on cover page (page 2).
Item 2(b). Address of Principal Business Office or, If None, Residence:
Safeco Corporation: Safeco Plaza, Seattle, WA 98185
Item 2(c). Citizenship: See Item 4 on cover page (page 2).
Item 2(d). Title of Class of Securities: See front cover page.
Item 2(e). CUSIP Number: See front cover page.
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the persons filing are:
(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 of 1940.
(e) ( )Investment Advisor registered under Section 203 of the
Investment Advisers Act of 1940.
(f) ( )Employee Benefit Plan, Pension Fund which is subject to
provisions of Employee Retirement Income Security Act of
1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F).
(g) (X)Parent Holding Company in accordance with
Rule 13d-1(b)(ii)(G).
(h) ( ) Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) ( ) Church Plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act of 1940.
(j) ( )Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4. Ownership:
Items (a) through (c): See items 1 and 5-11 of the cover pages
(page 2).
Safeco Corporation expressly declares that the filing of this
statement on Schedule 13G shall not be construed as an admission
that it is, for the purposes of Section 13(d) or 13(g) of the
Securities and Exchange Act of 1934, the beneficial owner of any
securities covered by this statement. The company is filing this
statement because it is considered an indirect beneficial owner
of such securities based on its sponsorship of an employee
benefit plan which directly owns such shares.
Item 5. Ownership of 5% or Less of a Class:
As of August 2, 2004, Safeco Corporation has ceased to be a
reporting person because it no longer is the beneficial owner of
more than 5% of the common stock of Spectrx, Inc.
Item 6. Ownership of More than 5% on Behalf of Another Person: Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Safeco Corporation is the plan sponsor of the Safeco
401(k)/Profit Sharing Retirement Plan, the employee benefit plan
that directly owns the reported shares.
Safeco Asset Management Company was the subsidiary on which
Safeco Corporation previously reported as a parent holding
company. Safeco Asset Management Company is an investment adviser
to several registered investment companies. Effective August 2,
2004, Safeco Corporation sold its ownership interest in Safeco
Asset Management Company.
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
such securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose 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: August 10, 2004 Safeco Corporation
By /s/ Ronald L. Spaulding
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Ronald L. Spaulding
Senior Vice President and Treasurer