^form 13F
^reformat no
^field DATE
MARCH 31
^field YEAR
98
^field CHK1
x
^field APP_NAME
JAY A. FISHMAN, LTD.
^field BUS_STREET
1650 BUHL BUILDING, 535 GRISWOLD
^field BUS_CITY
DETROIT
^field STATE
MI
^field BUS_ZIP
48226
^field NAME
JAY A. FISHMAN
^field PHONE
(313) 967-9500
^field TITLE
PRESIDENT
^field CITY-SIG
DETROIT
^field STATE-SIG
MICHIGAN
^field DAY-SIG
19TH
^field MONTH-SIG
APRIL
^field YEAR-SIG
99
^field MANAGER
JAY A. FISHMAN, LTD.
^field NAME1
JAY A. FISHMAN
^field FILE1
^field NAME2
^field FILE2
^field NAME3
^field FILE3
^field NAME4
^field FILE4
^field NAME5
^field FILE5
^field NAME6
^field FILE6
^field NAME7
^field FILE7
^field NAME8
^field FILE8
^field NAME9
^field FILE9
^field NAME10
^field FILE10
^page
^field APP_NAME
JAY A. FISHMAN,
LTD. 13-F
Month Ended
03/31/99
TITLE MARKET INVESTM VOTING
ENT
ISSUER CLASS CUSIP VALUE SHARESDISCRET AUTHORI
ION TY
PHARMACIA & com 9153021 $89,319 1,432, a) sole c) none
UPJOHN INC. 03 ,453 090
INTEL CORP com 4581401 42,660, 358,88 a) sole c) none
00 303 2
CISCO SYSTEMS, com 17275R1 41,376, 377,66 a) sole c) none
INC. 02 977 5
MERCK & CO INC com 5893311 31,675, 395,35 a) sole c) none
07 602 2
JOHNSON & JOHNSON com 4781601 19,052, 203,77 a) sole c) none
04 869 4
ABBOTT LABS. com 0028241 16,984, 362,84 a) sole c) none
00 634 2
AUTOMATIC DATA com 0530151 16,863, 407,62 a) sole c) none
PROCESSING 03 405 4
AMERICAN INT'L com 0268741 16,438, 136,28 a) sole c) none
GROUP 07 697 5
MICROSOFT com 5949181 15,941, 177,87 a) sole c) none
04 426 8
FREDDIE MAC com 3134003 15,266, 266,38 a) sole c) none
01 410 3
GENERAL ELEC CO com 3696041 12,118, 109,55 a) sole c) none
03 421 0
GILLETTE COMPANY com 3757661 12,047, 202,68 a) sole c) none
02 418 2
ORACLE CORP com 68389X1 11,937, 452,70 a) sole c) none
05 857 6
MCI WORLDCOM com 55268B1 11,116, 125,52 a) sole c) none
06 051 0
BANK OF NEW YORK com 0640571 10,379, 288,79 a) sole c) none
02 113 0
SARA LEE com 8031111 8,664,4 350,07 a) sole c) none
CORPORATION 03 31 8
CVS CORP com 1266501 8,349,2 175,77 a) sole c) none
00 18 3
HEWLETT PACKARD com 4282361 7,903,9 116,56 a) sole c) none
CO 03 34 0
PROCTER & GAMBLE com 7427181 7,891,9 80,579 a) sole c) none
CO 09 07
AMERICAN HOME com 2660910 7,729,5 118,46 a) sole c) none
PRODUCTS 70 15 0
LUCENT com 5494631 7,584,0 70,223 a) sole c) none
TECHNOLOGIES 07 84
ILLINOIS TOOL com 4523081 6,558,8 106,01 a) sole c) none
WORKS 09 39 0
VALLEY COMMERCE com 9195101 6,505,1 565,66 a) sole c) none
BANK 09 36 4
COMPUWARE com 2056381 6,489,6 271,87 a) sole c) none
09 56 5
COMPAQ CORP. com 2044931 6,409,3 202,25 a) sole c) none
00 03 0
WALT DISNEY com 2546871 5,886,0 189,14 a) sole c) none
COMPANY 06 99 2
COCA COLA COMPANY com 1912161 5,876,9 95,763 a) sole c) none
00 75
DELL COMPUTER com 2470251 5,465,5 133,73 a) sole c) none
09 45 0
TELLABS com 8796641 4,980,3 50,950 a) sole c) none
00 63
TITAN com 8883281 4,869,9 633,28 a) sole c) none
INTERNATIONAL 01 62 5
ELI LILLY com 5324571 4,347,4 51,225 a) sole c) none
08 66
THERMO ELECTRON com 8835561 3,931,6 289,94 a) sole c) none
02 81 7
DUANE READE, IMC. com 2635781 3,886,4 139,45 a) sole c) none
06 72 0
STRYKER com 8636671 3,520,7 69,800 a) sole c) none
CORPORATION 01 12
FOUR SEASONS com 35100E1 3,419,3 81,900 a) sole c) none
HOTELS 04 25
COSTCO COS INC. com 22160Q1 3,323,6 36,300 a) sole c) none
02 28
NATIONAL CITY com 6354051 3,320,4 50,030 a) sole c) none
CORP 03 91
MIRAGE RESORTS com 60462e1 3,119,3 146,79 a) sole c) none
04 94 5
PHILIP MORRIS INC com 7181541 2,985,4 84,839 a) sole c) none
07 84
MOTOROLA INC. com 6200761 2,619,7 35,765 a) sole c) none
09 86
CENDANT CORP. com 1265451 2,584,6 162,15 a) sole c) none
02 71 0
HOME PROPERTIES com 4373061 2,523,5 109,15 a) sole c) none
NEW YORK 03 48 0
CAPITOL BANKCORP com 14056D1 2,500,8 126,62 a) sole c) none
LTD. 05 24 4
BINGHAM FINANCIAL com 0904331 2,120,5 126,60 a) sole c) none
SERVICES 03 50 0
EXXON CORP com 3022901 2,011,9 28,514 a) sole c) none
01 48
HOME DEPOT com 4370761 1,541,4 24,763 a) sole c) none
02 97
PFIZER, INC com 7170811 1,412,7 10,182 a) sole c) none
03 53
BANC ONE CORP com 06423A1 1,279,3 23,236 a) sole c) none
03 74
CITIGROUP com 1729671 1,236,2 19,356 a) sole c) none
01 68
COMERICA com 2003401 1,187,2 19,014 a) sole c) none
07 34
OLD KENT com 6798331 1,073,0 25,361 a) sole c) none
FINANCIAL CORP 03 24
WALMART com 9311421 1,057,8 11,475 a) sole c) none
03 80
BRISTOL-MYERS com 1101221 1,053,2 16,426 a) sole c) none
SQUIBB 08 35
CHASE MANHATTEN com 16161A1 967,733 11,893 a) sole c) none
BANK 08
AMGEN INC. com 832,554 11,120 a) sole c) none
FANNIE MAE com 3135861 763,135 11,020 a) sole c) none
09
SCHERING PLOUGH com 8066051 762,450 13,800 a) sole c) none
01
ROYAL DUTCH com 7802578 749,788 14,419 a) sole c) none
PETROLEUM 04
FORD MOTOR com 3453701 681,981 12,030 a) sole c) none
COMPANY 00
KIMBERLY CLARK com 4943681 677,912 14,132 a) sole c) none
03
TIME WARNER com 8873151 640,122 9,040 a) sole c) none
09
MINNESOTA MNG & com 6040591 634,911 8,974 a) sole c) none
MFG 05
WELLS FARGO com 9497461 632,763 18,048 a) sole c) none
01
EI DUPONT com 2635341 587,393 10,117 a) sole c) none
09
BERKSHIRE com 0846701 571,200 8 a) sole c) none
HATHAWAY INC. CL. 08
A
GENERAL MOTORS com 3704421 570,372 6,556 a) sole c) none
CORP 05
DAYTON HUDSON com 2397531 559,741 8,402 a) sole c) none
06
BERKSHIRE com 0846702 545,432 232 a) sole c) none
HATHAWAY INC. CL 07
B
MEDTRONIC INC. com 5850551 522,495 7,270 a) sole c) none
06
ASSOCIATES FIRST com 0460081 497,250 11,050 a) sole c) none
CAPITAL 08
EQUITY com 29476L1 461,423 11,186 a) sole c) none
RESIDENTIAL 07
MASCOTECH, INC com 5746701 449,113 28,975 a) sole c) none
05
BELLSOUTH CORP. com 0798601 439,979 10,983 a) sole c) none
02
DAIMLERCHRYSLER com 2307389 394,040 4,592 a) sole c) none
AG
AMERICAN POWER com 0290661 375,705 13,915 a) sole c) none
CONVERSION CORP 07
IBM CORP com 4592001 375,061 2,116 a) sole c) none
01
PEPSICO INC. com 7134481 323,905 8,265 a) sole c) none
08
AMERICAN ONLINE com 02364J1 319,725 2,175 a) sole c) none
04
NOKIA CORP com 6549022 318,976 2,048 a) sole c) none
04
BOSTON SCIENTIFIC com 1011371 312,205 7,686 a) sole c) none
07
GO2NET INC com 3834861 291,764 2,200 a) sole c) none
07
STATE STREET CORP com 8574771 287,875 3,500 a) sole c) none
03
UNILEVER NV com 7234621 280,377 4,220 a) sole c) none
07
HARLEY DAVIDSON com 4128221 279,679 4,875 a) sole c) none
08
BELL ATLANTIC com 0778531 262,172 5,072 a) sole c) none
CORP. 09
HUNINGTON com 4461501 237,619 7,680 a) sole c) none
BANCSHARES 04
SBC com 78387G1 237,366 5,030 a) sole c) none
COMMUNICATIONS 03
TEXAS UTILITIES com 8828481 221,508 5,274 a) sole c) none
CO. 04
CNB BANKSHARES com 1261261 218,477 5,428 a) sole c) none
01
NEFF CORPORATION com 6400941 217,600 27,200 a) sole c) none
08
AMERICAN EXPRESS com 0258161 214,894 1,825 a) sole c) none
CO. 09
NIKE INC. com 6541061 210,280 3,645 a) sole c) none
03
Total $538,32
7,820
