UNITED STATES SECURITIES AND EXCHANGE COMISSION
WASHINGTON, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/99
Check here if Amendment [ ]; Amendment Number: 1
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Appaloosa Management L.P.
Address: 26 Main Street
Chatham, NJ 07928
13F File Number:
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: Lawrence P. O'Friel
Title: Treasurer
Phone: 973-701-7000
Signature, Place and Date of Signing:
Lawrence P. O'Friel Chatham, New Jersey 2/8/00
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 REQIURED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 19
Form 13F Information Table Value Total: 525,725,788
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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
- -------------------------- --------------- ----- ------- -------- ---- ---- ------- --------- ---- ------ ----
Beverly Enterprises Inc. COM NEW 087851309 10,019 2,290,000 x 2,290,000
C.I.T. Group Inc. CL A 125577106 66,544 3,150,000 x 3,150,000
CK Witco Corp. COM 12562C108 10,994 822,000 x 822,000
Grand Union Co. COM 386532402 18,174 1,889,400 x 1,889,400
Great Atlantic & Pacific COM 390064103 2,648 95,000 x 95,000
Inamed Corp. COM 453235103 191,585 5,458,256 x 5,458,256
Korea Telecom Corp. SP ADR SPONSORED ADR 50063P103 12,281 164,300 164,300
Mentor Corp. COM 587188103 9,553 370,120 x 370,120
Mesabi Trust UBI CFT BEN IN 590672101 1,539 502,500 x 502,500
Noble Affiliates Inc. COM 654894104 8,373 390,600 x 390,600
Ocean Energy Inc. COM NEW 67481E106 15,829 2,042,500 x 2,042,500
Pepsi Bottling Group Inc. COM 713409100 15,734 950,000 x 950,000
Quantum corp.-Hard Disk COM HDDG 747906204 7,527 1,085,000 x 1,085,000
Republic Services Inc. COM 760759100 6,056 425,000 x 425,000
Snyder Communications Inc. COM 832914105 13,642 708,700 x 708,700
Tenet Healthcare Corp. COM 88033G100 32,783 1,395,000 x 1,395,000
Ventas Inc. COM 92276F100 9,475 2,262,800 x 2,262,800
Vitro SA ADR SPONS ADR 928502301 6,600 1,200,000 x 1,200,000
Waste Management Inc. COM 94106L109 86,367 5,025,000 x 5,025,000
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