^form 13F
^reformat no
^field DATE
JUNE 30
^field YEAR
99
^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
21ST
^field MONTH-SIG
JANUARY
^field YEAR-SIG
99
^field MANAGER
JAY A. FISHMAN, LTD.
^field NAME1
^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
06/30/99
TITLE MARKET INVESTMENT VOTING
ISSUER CLASS CUSIP VALUE SHARES DISCRETION AUTHORITY
PHARMACIA & com 716941109 $80,971,780 1,425,246 a) sole c) none
UPJOHN INC
CISCO com 17275R102 47,349,045 734,806 a) sole c) none
SYSTEMS, INC.
INTEL CORP com 458140100 42,716,317 717,921 a) sole c) none
MERCK & CO com 589331107 28,941,326 393,091 a) sole c) none
INC
JOHNSON & com 478160104 19,359,170 197,543 a) sole c) none
JOHNSON
AUTOMATIC com 053015103 17,638,940 400,885 a) sole c) none
DATA
PROCESSING
ORACLE CORP com 68389X105 16,902,715 455,292 a) sole c) none
ABBOTT LABS. com 002824100 16,532,018 364,342 a) sole c) none
MICROSOFT com 594918104 16,046,880 177,928 a) sole c) none
AMERICAN com 026874107 15,932,413 135,884 a) sole c) none
INT'L GROUP
FREDDIE MAC com 313400301 15,548,827 268,083 a) sole c) none
TITAN com 88830M102 12,671,516 1,067,075 a) sole c) none
INTERNATIONAL
INC
GENERAL com 369604103 12,034,476 106,500 a) sole c) none
ELECTRIC CO
MCI WORLDCOM, com 55268B106 11,542,702 134,120 a) sole c) none
INC.
COMPUWARE com 205638109 11,364,220 357,225 a) sole c) none
CORP.
HEWLETT com 428236103 11,228,664 111,728 a) sole c) none
PACKARD CO
BANK OF NEW com 064057102 10,833,452 295,290 a) sole c) none
YORK
LUCENT com 549463107 9,597,707 142,320 a) sole c) none
TECHNOLOGIES,
INC.
ILLINOIS TOOL com 452308109 8,715,367 106,610 a) sole c) none
WORKS
CVS CORP com 126650100 8,668,709 170,812 a) sole c) none
GILLETTE com 375766102 8,441,162 205,882 a) sole c) none
COMPANY
THERMO com 883556102 7,036,460 350,727 a) sole c) none
ELECTRON CORP
PROCTER & com 742718109 7,003,269 78,468 a) sole c) none
GAMBLE CO
TELLABS INC com 879664100 6,985,962 103,400 a) sole c) none
AMERICAN HOME com 026609107 6,544,192 114,060 a) sole c) none
PRODUCTS
VALLEY com 91951D109 6,493,663 583,700 a) sole c) none
COMMERCE BANK
AMGEN INC. com 031162100 6,215,033 102,095 a) sole c) none
COCA COLA com 191216100 5,890,527 95,008 a) sole c) none
COMPANY
WALT DISNEY com 254687106 5,869,556 190,493 a) sole c) none
HOLDING CO
CENDANT CORP com 151313103 5,174,200 252,400 a) sole c) none
DELL COMPUTER com 247025109 4,871,605 131,665 a) sole c) none
CORP
SARA LEE com 803111103 4,622,056 203,727 a) sole c) none
CORPORATION
COMPAQ com 204493100 4,579,978 193,350 a) sole c) none
COMPUTER CORP
DUANE READE, com 263578106 4,542,975 148,950 a) sole c) none
INC.
ELI LILLY com 532457108 4,378,078 61,125 a) sole c) none
STRYKER com 863667101 4,181,694 69,550 a) sole c) none
CORPORATION
FOUR SEASONS com 35100E104 3,608,719 81,900 a) sole c) none
HOTELS
LIMITED
PHILIP MORRIS com 718154107 3,132,173 77,939 a) sole c) none
INC
MOTOROLA INC com 620076109 3,104,462 32,765 a) sole c) none
COSTCO COS com 22160Q102 3,082,406 38,500 a) sole c) none
INC
NATIONAL CITY com 635405103 3,079,139 47,010 a) sole c) none
CORP
HOME com 437306103 3,008,362 108,900 a) sole c) none
PROPERTIES OF
NEW YORK
CAPITOL com 14056D105 2,254,574 126,130 a) sole c) none
BANCORP, LTD.
EXXON CORP com 302290101 2,021,446 26,210 a) sole c) none
MIRAGE com 60462E104 1,972,899 117,785 a) sole c) none
RESORTS INC
HOME DEPOT com 437076102 1,658,513 25,738 a) sole c) none
INC.
BINGHAM com 090433103 1,567,350 116,100 a) sole c) none
FINANCIAL
SERVICES
CORPORATION
CITIGROUP INC com 172967101 1,521,140 32,024 a) sole c) none
BRISTOL-MYERS com 110122108 1,213,292 17,225 a) sole c) none
SQUIBB
BANC ONE com 06423A103 1,197,539 20,106 a) sole c) none
CORPORATION
PFIZER, INC com 717081103 1,180,688 10,832 a) sole c) none
WALMART com 931142103 1,160,426 24,050 a) sole c) none
COMERICA com 200340107 1,123,426 18,901 a) sole c) none
CHASE com 16161A108 1,080,644 12,493 a) sole c) none
MANHATTAN
OLD KENT com 679833103 934,121 22,307 a) sole c) none
FINANICAL
CORP
ROYAL DUTCH com 780257804 868,744 14,419 a) sole c) none
PETROLEUM
KIMBERLY com 494368103 788,424 13,832 a) sole c) none
CLARK
WELLS FARGO com 949740104 771,552 18,048 a) sole c) none
SCHERING com 806605101 767,812 14,625 a) sole c) none
PLOUGH CORP
MEDTRONIC INC com 585055106 729,689 9,370 a) sole c) none
FORD MOTOR com 345370100 699,680 12,397 a) sole c) none
COMPANY
MASCOTECH com 574601100 677,077 39,975 a) sole c) none
INC.
TIME WARNER com 887315109 656,552 9,040 a) sole c) none
INC
MINNESOTA MNG com 604059105 633,079 7,282 a) sole c) none
& MFG
FEDERAL com 313586109 591,045 8,660 a) sole c) none
NATIONAL
MORTGAGE
ASSOC.
DAYTON HUDSON com 239753106 558,610 8,594 a) sole c) none
CORP
E. I. DUPONT com 263534109 554,493 8,117 a) sole c) none
AMERICAN PWR com 029066107 552,431 27,450 a) sole c) none
CONVERSION
CORP
IBM com 459200101 546,986 4,232 a) sole c) none
BELLSOUTH com 079860102 504,607 10,940 a) sole c) none
CORP
MASCO com 574599106 487,525 16,884 a) sole c) none
CORPORATION
BERKSHIRE com 084670108 482,300 7 a) sole c) none
HATHAWAY INC.
ASSOCIATES com 046008108 482,181 10,928 a) sole c) none
FIRST CAPITAL
CORPORATION
BERKSHIRE com 084670207 468,160 209 a) sole c) none
HATHAWAY CL B
EQUITY com 29476L107 459,007 10,186 a) sole c) none
RESIDENTIAL
PROPERTIES
TRUST
DAIMLERCHRYSL com 171196108 408,664 4,592 a) sole c) none
ER AG
NOKIA CORP - com 654902204 375,040 4,096 a) sole c) none
ADR SER A
GENERAL com 370442105 366,696 5,556 a) sole c) none
MOTORS CORP
SBC com 78387G103 358,440 6,180 a) sole c) none
COMMUNICATIONS INC
BELL ATLANTIC com 077853109 331,557 5,072 a) sole c) none
CORP
BOSTON com 101137107 324,522 7,386 a) sole c) none
SCIENTIFIC
CORP
PEPSICO INC com 713448108 317,818 8,215 a) sole c) none
STATE STREET com 857473102 298,812 3,500 a) sole c) none
CORP
UNILEVER N V com 904784709 294,345 4,220 a) sole c) none
NEW YORK
HONG KONG & com 169428109 285,969 5,017 a) sole c)
none
CHINA G SPD
ADR
TYCO INTL LTD com 902124106 281,881 2,975 a) sole c) none
NEW
CNB com 126126101 270,180 4,740 a) sole c) none
BANKSHARES
INC.
HUNTINGTON com 446150104 268,800 7,680 a) sole c)
none
BANCSHARES
HARLEY com 412822108 265,078 4,875 a) sole c) none
DAVIDSON INC
AMERICA com 02364J104 259,050 2,355 a) sole c) none
ONLINE INC
AMERICAN com 025816109 237,478 1,825 a) sole c) none
EXPRESS CO
NIKE INC com 654106103 234,171 3,695 a) sole c) none
WHIRLPOOL com 963320106 222,000 3,000 a) sole c) none
CORP
TEXACO INC com 881694103 205,837 3,300 a) sole c) none
Total $563,214,265
