UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: GLOBALT, Inc.
Address: 3060 Peachtree Road NW
Suite 225
Atlanta, GA 30305
13F File Number: 28-5144
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Michelle M. Miljanich
Title: Principal
Phone: 404-364-2178
Signature, Place, and Date of Signing:
Michelle Miljanich Atlanta, Georgia May 6, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 138
Form 13F Information Table Value Total: $1,623,907
List of Other Included Managers:
1 = Progress Investment Management Co.
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
3 Com Corp Common 885535104 2320 99525 SH
SOLE 27150 72375
AFLAC Inc Common 001055102 3334 61250 SH
SOLE 30500 30750
AMSOUTH Bancorporation Common 032165102 1124 24697 SH
SOLE 24697
Abbott Laboratories Common 002824100 385 8230 SH
SOLE 300 7930
Allied-Signal Inc Common 019512102 20361 413950 SH
SOLE 288200 125750
1805 36700 SH
DEFINED 01 36700
American Express Common 025816109 52743 447922 SH
SOLE 292600 155322
4157 35300 SH
DEFINED 01 35300
American Intl Group Common 026874107 51903 430286 SH
SOLE 299198 131088
4302 35662 SH
DEFINED 01 35662
Bank of America Corp Common 060505104 34674 490962 SH
SOLE 335700 155262
2811 39800 SH
DEFINED 01 39800
Baxter Intl Common 071813109 49033 742925 SH
SOLE 514200 228725
3894 59000 SH
DEFINED 01 59000
Bellsouth Corp Common 079860102 388 9682 SH
SOLE 9682
Black & Decker Corp Common 091797100 1972 35575 SH
SOLE 29900 5675
Bristol Myers Squibb Common 110122108 37771 589014 SH
SOLE 405900 183114
3059 47700 SH
DEFINED 01 47700
Cadence Design Sys Common 127387108 1048 40700 SH
SOLE 40700
Callaway Golf Common 131193104 1241 121800 SH
SOLE 94600 27200
Cisco Systems Inc Common 17275R102 41552 379258 SH
SOLE 183448 195810
2457 22425 SH
DEFINED 01 22425
Citigroup Inc Common 172967101 36527 571849 SH
SOLE 403100 168749
3149 49300 SH
DEFINED 01 49300
Coca-Cola Co Common 191216100 57880 943050 SH
SOLE 425850 517200
3099 50500 SH
DEFINED 01 50500
Coca-Cola Enterprises Common 191219104 29560 977200 SH
SOLE 715000 262200
2447 80900 SH
DEFINED 01 80900
Cognex Corp Common 192422103 1983 83700 SH
SOLE 61700 22000
Colgate-Palmolive Co Common 194162103 948 10300 SH
SOLE 10300
Comdisco Inc Common 200336105 363 20300 SH
SOLE 20300
Computer Assoc Intl Common 204912109 1440 40498 SH
SOLE 40498
Computer Sciences Common 205363104 31993 579718 SH
SOLE 391860 187858
2345 42500 SH
DEFINED 01 42500
Compuware Corp Common 205638109 29598 1239700 SH
SOLE 867700 372000
2294 96100 SH
DEFINED 01 96100
Diebold Inc Common 253651103 1510 62900 SH
SOLE 45300 17600
Disney Walt Co Common 254687106 18133 582602 SH
SOLE 381800 200802
1404 45100 SH
DEFINED 01 45100
Donaldson Lufkin & Jenrette Common 257661108 3100 44450 SH
SOLE 34700 9750
EMC Corporation Common 268648102 669 5240 SH
SOLE 5240
Electronics for Imaging Common 286082102 1529 39200 SH
SOLE 32500 6700
Emerson Electric Co Common 291011104 15366 290275 SH
SOLE 202000 88275
1286 24300 SH
DEFINED 01 24300
Enron Oil & Gas Common 293562104 314 18900 SH
SOLE 18900
Estee Lauder Common 518439104 1191 12600 SH
SOLE 10500 2100
Everest Reinsurance Hldgs Common 299808105 1182 37900 SH
SOLE 31000 6900
Exxon Mobile Corp Common 302290101 2619 37112 SH
SOLE 37112
Fannie Mae Common 313586109 6862 99097 SH
SOLE 99097
Forest Labs Inc "A" Common 345838106 2565 45500 SH
SOLE 31000 14500
Franklin Resources Common 354613101 20621 733195 SH
SOLE 502200 230995
1491 53000 SH
DEFINED 01 53000
GTE Corp Common 362320103 46283 765000 SH
SOLE 540000 225000
4060 67100 SH
DEFINED 01 67100
General Electric Co Common 369604103 61344 554520 SH
SOLE 395050 159470
5365 48500 SH
DEFINED 01 48500
Gillette Co Common 375766102 47377 797081 SH
SOLE 556950 240131
3905 65700 SH
DEFINED 01 65700
Guidant Corp Common 401698105 7061 116716 SH
SOLE 23500 93216
Halliburton Co Common 406216101 39344 1021925 SH
SOLE 732950 288975
3461 89900 SH
DEFINED 01 89900
Harley Davidson Inc Common 412822108 217 3780 SH
SOLE 3780
Heinz H J Co Common 423074103 20686 436650 SH
SOLE 321900 114750
1957 41300 SH
DEFINED 01 41300
Hewlett Packard Co Common 428236103 948 13975 SH
SOLE 13975
Home Depot Inc Common 437076102 1306 20973 SH
SOLE 20973
Household Intl Common 441815107 1843 40390 SH
SOLE 29800 10590
Infinity Broadcasting Corp Common 45662S102 239 9300 SH
SOLE 3000 6300
Ingersoll Rand Co Common 456866102 2059 41500 SH
SOLE 32700 8800
Intel Corp Common 458140100 3202 26935 SH
SOLE 1900 25035
Interpublic Group Common 460690100 3972 51000 SH
SOLE 20625 30375
Intl Business Machines Common 459200101 38312 216146 SH
SOLE 139350 76796
2907 16400 SH
DEFINED 01 16400
Johnson & Johnson Common 478160104 48175 515244 SH
SOLE 354142 161102
4056 43384 SH
DEFINED 01 43384
Johnson Controls Common 478366107 1185 19000 SH
SOLE 15800 3200
LSI Logic Common 502161102 2905 93150 SH
SOLE 60800 32350
Lilly Eli & Co Common 532457108 5777 68069 SH
SOLE 15300 52769
Lucent Technologies Common 549463107 15481 143347 SH
SOLE 90662 52685
1123 10400 SH
DEFINED 01 10400
MGIC Investment Corp Common 552848103 785 22400 SH
SOLE 22400
Marsh & McLennan Common 571748102 36141 486750 SH
SOLE 338675 148075
3029 40800 SH
DEFINED 01 40800
Masco Corp Common 574599106 2260 80000 SH
SOLE 56000 24000
Mattel Inc Common 577081102 18046 723650 SH
SOLE 514950 208700
1401 56200 SH
DEFINED 01 56200
McKesson HBOC Inc Common 581557105 1098 16642 SH
SOLE 16642
Medtronic Inc Common 585055106 34907 485668 SH
SOLE 333050 152618
2933 40800 SH
DEFINED 01 40800
Merck & Co Common 589331107 5183 64692 SH
SOLE 9650 55042
Micron Technology Inc Common 595112103 17468 362500 SH
SOLE 260450 102050
1614 33500 SH
DEFINED 01 33500
Microsoft Corp Common 594918104 41138 459000 SH
SOLE 317600 141400
3460 38600 SH
DEFINED 01 38600
Mobil Corp Common 607059102 1879 21350 SH
SOLE 6550 14800
Molex Inc Common 608554101 3809 129662 SH
SOLE 69800 59862
Molex Inc Cl-A Common 608554200 452 17483 SH
SOLE 14800 2683
Monsanto Co Common 611662107 33377 726585 SH
SOLE 486900 239685
2563 55800 SH
DEFINED 01 55800
Office Depot Inc Common 676220106 2510 67050 SH
SOLE 54600 12450
Omnicom Group Common 681919106 47219 590700 SH
SOLE 431700 159000
4165 52100 SH
DEFINED 01 52100
Oracle Corp Common 68389X105 18194 689805 SH
SOLE 415150 274655
1200 45500 SH
DEFINED 01 45500
Pepsico Inc Common 713448108 1088 27775 SH
SOLE 3650 24125
Perkin Elmer Corp Common 714041100 2744 28275 SH
SOLE 20350 7925
Pfizer Inc Common 717081103 30059 216640 SH
SOLE 125450 91190
2151 15500 SH
DEFINED 01 15500
Pioneer Hi Bred Intl Common 723686101 1129 30000 SH
SOLE 30000
Praxair Inc Common 74005P104 1248 34600 SH
SOLE 28800 5800
Prime Medical Svcs Inc New Common 74156D108 310 42000 SH
SOLE 42000
Procter & Gamble Co Common 742718109 47018 480080 SH
SOLE 330800 149280
3927 40100 SH
DEFINED 01 40100
Ralph Lauren Common 731572103 1872 94200 SH
SOLE 75600 18600
Seagate Technology Common 811804103 1539 52050 SH
SOLE 16050 36000
State Street Corp Common 857477103 3928 47760 SH
SOLE 21500 26260
Sun Microsystems Common 866810104 41611 332725 SH
SOLE 174350 158375
2501 20000 SH
DEFINED 01 20000
Tandy Corp Common 875382103 247 3870 SH
SOLE 3870
Tellabs Inc Common 879664100 652 6675 SH
SOLE 5300 1375
Teradyne Inc Common 880770102 1086 19900 SH
SOLE 16400 3500
Texaco Inc Common 881694103 36939 650910 SH
SOLE 471700 179210
3246 57200 SH
DEFINED 01 57200
Time Warner Common 887315109 55689 786430 SH
SOLE 528100 258330
4546 64200 SH
DEFINED 01 64200
Toys R Us Common 892335100 582 30933 SH
SOLE 30933
Transocean Offshore Common 893817106 4617 160250 SH
SOLE 98700 61550
U S Filter Common 911843209 3133 102300 SH
SOLE 74800 27500
V F Corp Common 918204108 1525 32100 SH
SOLE 26500 5600
Varco Intl Common 922126107 1842 165600 SH
SOLE 136900 28700
Veritas Software Common 923436109 6976 86385 SH
SOLE 43700 42685
Viacom Inc Cl B Common 925524308 22021 262350 SH
SOLE 184000 78350
1889 22500 SH
DEFINED 01 22500
Vulcan Materials Common 929160109 248 6000 SH
SOLE 6000
Warner-Lambert Co Common 934488107 34615 522485 SH
SOLE 380300 142185
2928 44200 SH
DEFINED 01 44200
Xerox Corp Common 984121103 32259 618874 SH
SOLE 414150 204724
2554 49000 SH
DEFINED 01 49000
</TABLE>