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




                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 4)*


                                Friedman's, Inc.
                                (Name of Issuer)


                              Class A Common Stock
                         (Title of Class of Securities)


                                   358438-10-9
                                 (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:

[ ]  Rule 13d-1(b)

[X]  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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CUSIP No.  358438-10-9
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     1.        NAMES OF REPORTING PERSONS
               I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
               .................................................................

               Friedman's Jewelers, Inc., et al.

-------------- -----------------------------------------------------------------
     2.        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
               (SEE INSTRUCTIONS)
               (a)    [X]
               (b)    [ ]

-------------- -----------------------------------------------------------------
     3.        SEC USE ONLY

-------------- -----------------------------------------------------------------
     4.        CITIZENSHIP OR PLACE OF ORGANIZATION                Georgia

-------------- -----------------------------------------------------------------
Number of Shares         5.   SOLE VOTING POWER           0
Beneficially Owned by
Each Reporting Person
With

                         -------------------------------------------------------
                         6.   SHARED VOTING POWER      858,988

                         -------------------------------------------------------
                         7.   SOLE DISPOSITIVE POWER       0

                         -------------------------------------------------------
                         8.   SHARED DISPOSITIVE POWER 858,988

------------------------ -------------------------------------------------------
     9.        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                      858,988
-------------- -----------------------------------------------------------------
     10.       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
               SHARES (SEE INSTRUCTIONS)                       [ ]

-------------- -----------------------------------------------------------------
     11.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)     5.9%

-------------- -----------------------------------------------------------------
     12.       TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)       CO

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







Item 1.

               (a)   Name of Issuer:

                     Friedman's, Inc.

               (b)   Address of Issuer's Principal Executive Offices:

                     4 West State Street
                     Savannah, Georgia  31401

Item 2.

               (a)   Name of Person Filing:

                     Friedman's Jewelers, Inc., et al.

               (b)   Address of Principal Business Office or, if none,
                     Residence:

                     P.O. Box 9925
                     Savannah, Georgia  31412

               (c)   Citizenship:

                     Georgia

               (d)   Title of Class of Securities:

                     Class A Common Stock, $0.01 par value

               (e)   CUSIP Number:

                     358438-10-9


Item 3.  If This Statement is Filed Pursuant to Rule 13d-1(b) or
         13d-2(b) or (c), Check Whether the Person Filing is a:

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c).

(d) [ ] Investment company registered under section 8 of the Investment Company
Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with Rule13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with
Rule13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);

(j) [X] Group, in accordance with Rule13d-1(b)(1)(ii)(J).






Item 4.        Ownership.

Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.

               (a)   Amount beneficially owned:           858,988

               (b)   Percent of class:                       5.9%

               (c)   Number of shares as to which the person has:

                     (i)   Sole power to vote or to direct the vote:   0

                     (ii)  Shared power to vote or to direct the vote: 858,988

                     (iii) Sole power to dispose or to direct the disposition
                           of:      0

                     (iv)  Shared power to dispose or to direct the
                           disposition of:           858,988

Instruction.  For computations regarding securities which represent
a right to acquire an underlying security see Rule 13d-3(d)(1).


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].
--------------------------------------------------------------------------------


Instruction:  Dissolution of a group requires a response to this item.


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

If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.

Not applicable.


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

If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule
13d-1(d), attach an exhibit stating the identification of the relevant
subsidiary.

Not applicable.



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

If a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the
identity of each member of the group.

Friedman's Jewelers, Inc., et al. includes the following, all of which are
under joint control:

(a)      Friedman's Jewelers, Inc.
(b)      Friedman's Jewelers, Inc., Anniston
(c)      Friedman's Jewelers, Inc., Greenville
(d)      Friedman's Jewelers, Inc., Marietta
(e)      Friedman's Jewelers, Inc., Oglethorpe
(f)      Stanley Jewelers, Inc.


Item 9.        Notice of Dissolution of Group.

Notice of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to transactions in
the security reported on will be filed, if required, by members of the group, in
their individual capacity. See Item 5.

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 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.

                                    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.

                                                  February 14, 2002
                                                        Date

                                       FRIEDMAN'S JEWELERS, INC.;
                                       FRIEDMAN'S JEWELERS, INC., ANNISTON;
                                       FRIEDMAN'S JEWELERS, INC., GREENVILLE;
                                       FRIEDMAN'S JEWELERS, INC., MARIETTA;
                                       FRIEDMAN'S JEWELERS, INC., OGLETHORPE;and
                                       STANLEY JEWELERS, INC.

                                       By:  /s/ H. K. Friedman
                                            H. K. Friedman
                                            Vice President of each of the
                                            companies set forth above