SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 1)* CELLSTAR CORP. --------------- (Name of Issuer) Common Stock, par value $0.01 per share --------------------------------------- (Title of Class of Securities) 150925105 ------------ (CUSIP Number) Collin Lancaster General Counsel Stark Investments 3600 South Lake Drive St. Francis, WI 53235 414-294-7000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 27, 2003 (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 Rule 13d 1(e), 13d 1(f) or 13d 1(g), check the following box [ ] * 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 disclosures provided in a prior cover page. The information required on 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 (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). Page 2 of 8 _____________________________________________________________________________ NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) 1 Michael A. Roth and Brian J. Stark, as joint filers pursuant to Rule 13d-1(k) _____________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] Not Applicable (b) [ ] _____________________________________________________________________________ 3 SEC USE ONLY _____________________________________________________________________________ SOURCE OF FUNDS 4 N/A _____________________________________________________________________________ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEM 2(d) OR 2(e) [ ] _____________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States _____________________________________________________________________________ NUMBER OF 7 SOLE VOTING POWER SHARES 4,706,749 (See Item 5) ______________________________________________________________ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 ______________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 4,706,749 (See Item 5) ______________________________________________________________ PERSON 10 SHARED DISPOSITIVE POWER WITH 0 _____________________________________________________________________________ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 4,706,749 (See 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) 23.1% (See Item 5) _____________________________________________________________________________ TYPE OF REPORTING PERSON* 14 IN _____________________________________________________________________________ Page 3 of 8 Item 1 Security and Issuer. This Amendment No. 1 on Schedule 13D is filed in connection with the shares of Common Stock, par value $0.01 per share (the "Shares"), of Cellstar Corp. (the "Company"), with its principal executive offices at 1730 Briecroft Drive, Carrolton, TX 75006. This Amendment No. 1 hereby amends and supplements the Schedule 13D originally filed on March 12, 2002 (the "13D"). Item 2. Identity and Background. The business address for Messrs. Roth and Stark and the entities is c/o Stark Investments, 3600 South Lake Drive, St. Francis WI 53235. Item 3. Source and Amount of Funds or Other Consideration. N/A Item 4. Purpose of Transaction. The Reporting Persons intend to continue to evaluate the performance of their Shares as an investment in the ordinary course of business. Item 5. Interest in Securities of the Issuer. (a)(b) On December 2, 2002, the Notes (as defined in the 13D) were converted into 5,452,200 shares of Common Stock. The Reporting Persons currently beneficially own an aggregate of 4,706,749 shares of Common Stock or 23.1% of the outstanding shares of Common Stock which the Company has indicated, in its Quarterly Report on Form 10Q for the quarterly period ended August 31, 2003, to be 20,354,364 shares of Common Stock. (c) See Exhibit A attached hereto. (d)(e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. N/A Item 7. Material to be Filed as Exhibits. Exhibit 1 - Joint Filing Agreement. Page 4 of 8 Signatures 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: November 4, 2003 /s/ Michael A. Roth ----------------------- Michael A. Roth /s/ Brian J. Stark ----------------------- Brian J. Stark Page 5 of 8 Exhibit 1 JOINT FILING AGREEMENT In accordance with Rule 13d 1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of an Amendment No. 1 to Schedule 13D (including amendments thereto) with respect to certain shares of Common Stock, $.01 par value of Cellstar Corp. and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate. IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on November 4, 2003. /s/ Michael A. Roth ----------------------- Michael A. Roth /s/ Brian J. Stark ----------------------- Brian J. Stark Page 6 of 8 Exbibit A QUANTITY SOLD PRICE Date of Sale BALANCE 1 5257 14.34 10/27/2003 5321459 2 3750 14.37 10/27/2003 5317709 3 993 14.3 10/27/2003 5316716 4 3650 14.32 10/27/2003 5313066 5 10500 14.25 10/27/2003 5302566 6 460 14.23 10/27/2003 5302106 7 7860 14.21 10/27/2003 5294246 8 26140 14.2 10/27/2003 5268106 9 40 14.204 10/27/2003 5268066 10 400 14.211 10/27/2003 5267666 11 2700 14.18 10/27/2003 5264966 12 300 14.19 10/27/2003 5264666 13 7000 14.15 10/27/2003 5257666 14 4200 14.05 10/27/2003 5253466 15 600 14.09 10/27/2003 5252866 16 4200 14.1 10/27/2003 5248666 17 400 14.3 10/27/2003 5248266 18 6000 14.25 10/27/2003 5242266 19 1000 14.22 10/27/2003 5241266 20 9100 14.2 10/27/2003 5232166 21 1100 14.21 10/27/2003 5231066 22 700 14.15 10/27/2003 5230366 23 700 14.21 10/27/2003 5229666 24 200 14.204 10/27/2003 5229466 25 4100 14.2 10/27/2003 5225366 26 3100 14.17 10/27/2003 5222266 27 300 14.11 10/27/2003 5221966 28 2600 14.4 10/28/2003 5219366 29 2700 14.38 10/28/2003 5216666 30 1800 14.33 10/28/2003 5214866 31 400 14.3 10/28/2003 5214466 32 2500 14.05 10/28/2003 5211966 33 4925 14 10/28/2003 5207041 34 5200 13.97 10/28/2003 5201841 35 100 13.985 10/28/2003 5201741 36 4600 13.98 10/28/2003 5197141 37 129 13.993 10/28/2003 5197012 38 100 13.981 10/28/2003 5196912 39 300 13.99 10/28/2003 5196612 40 900 14.01 10/28/2003 5195712 41 100 14.08 10/28/2003 5195612 42 1546 13.96 10/28/2003 5194066 Page 7 of 8 43 200 13.951 10/28/2003 5193866 44 11600 13.95 10/28/2003 5182266 45 1000 13.91 10/28/2003 5181266 46 200 14.164 10/28/2003 5181066 47 500 14.16 10/28/2003 5180566 48 400 14.1 10/28/2003 5180166 49 900 14.32 10/28/2003 5179266 50 7750 14.3 10/28/2003 5171516 51 1100 14.26 10/28/2003 5170416 52 1000 14.24 10/28/2003 5169416 53 6800 14.05 10/28/2003 5162616 54 450 14.1 10/28/2003 5162166 55 500 13.94 10/28/2003 5161666 56 6600 13.96 10/28/2003 5155066 57 950 13.88 10/28/2003 5154116 58 2519 13.9 10/28/2003 5151597 59 81 13.903 10/28/2003 5151516 60 500 14.01 10/28/2003 5151016 61 12540 14 10/28/2003 5138476 62 3800 13.99 10/28/2003 5134676 63 24800 13.95 10/28/2003 5109876 64 5700 13.98 10/28/2003 5104176 65 300 13.97 10/28/2003 5103876 66 100 14.08 10/28/2003 5103776 67 900 14.06 10/28/2003 5102876 68 500 13.91 10/28/2003 5102376 69 800 13.96 10/28/2003 5101576 70 2500 13.95 10/28/2003 5099076 71 4600 13.96 10/28/2003 5094476 72 1300 13.95 10/28/2003 5093176 73 100 14 10/28/2003 5093076 74 399 13.99 10/28/2003 5092677 75 400 13.98 10/28/2003 5092277 76 5200 13.97 10/28/2003 5087077 77 3400 13.95 10/28/2003 5083677 78 143952 13.85 10/28/2003 4939725 79 1300 14 10/29/2003 4938425 80 400 13.87 10/29/2003 4938025 81 2500 13.5 10/29/2003 4935525 82 800 13.49 10/29/2003 4934725 83 10000 13.44 10/29/2003 4924725 84 2800 13.35 10/29/2003 4921925 85 200 13.34 10/29/2003 4921725 86 4000 13.33 10/29/2003 4917725 87 200 13.08 10/29/2003 4917525 88 22100 13 10/29/2003 4895425 89 1100 13.03 10/29/2003 4894325 90 2000 13.05 10/29/2003 4892325 Page 8 0f 8 91 2100 13.07 10/29/2003 4890225 92 600 13.04 10/29/2003 4889625 93 400 13.26 10/29/2003 4889225 94 1100 13.25 10/29/2003 4888125 95 500 13.12 10/29/2003 4887625 96 700 13.09 10/29/2003 4886925 97 1643 13.1 10/29/2003 4885282 98 500 13.01 10/29/2003 4884782 99 500 13.02 10/29/2003 4884282 100 200 13.002 10/29/2003 4884082 101 300 12.99 10/29/2003 4883782 102 2200 13.85 10/29/2003 4881582 103 4950 13.45 10/29/2003 4876632 104 1200 13.43 10/29/2003 4875432 105 400 13.39 10/29/2003 4875032 106 3000 13.35 10/29/2003 4872032 107 1400 13.34 10/29/2003 4870632 108 400 13.15 10/29/2003 4870232 109 1393 13.1 10/29/2003 4868839 110 100 13.09 10/29/2003 4868739 111 3957 13.05 10/29/2003 4864782 112 10600 13.01 10/29/2003 4854182 113 1000 13.08 10/29/2003 4853182 114 1000 13.04 10/29/2003 4852182 115 2801 13.03 10/29/2003 4849381 116 100 13.033 10/29/2003 4849281 117 2550 13 10/29/2003 4846731 118 400 13.02 10/29/2003 4846331 119 200 13.06 10/29/2003 4846131 120 100 13.011 10/29/2003 4846031 121 500 13.07 10/29/2003 4845531 122 4600 13.3 10/29/2003 4840931 123 134182 n/a* 10/29/2003 4706749 * Settled open position.