SECURITIES AND EXCHANGE COMMISSION
FORM 13F-HR
NAME OF REPORTING MANAGER:
D.F.S. ADVISORS, LLC
Report for the Calendar Year or Quarter Ended: 9/30/99
Institutional Investment Manager: D.F.S. ADVISORS, LLC
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION IN
THIS FORM AND THE ATTACHMENTS TO IT ARE TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL
UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS
PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
Michael DiCarlo, Member
(617) 261-2222
Signature, Place and Date of Signing:
/s/ Michael DiCarlo
Boston, Massachusetts
11/15/99
REPORT SUMMARY:
Number of Other Included Managers: None
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List of Other Included Managers: None
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Form 13F Information Table Entry Total: 51
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Form 13F Information Table Value Total: 25,650,000
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<PAGE>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F-E
NAME OF REPORTING MANAGER: D.F.S. ADVISORS, LLC
<TABLE> <S> <C>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Acacia Resh Corp. COM 003881109 162 10000 SH 10000 10000
Act Manufacturing Inc. COM 000973107 501 20000 SH 20000 20000
Advanced Fibre Communications COM 00754A105 556 25000 SH 25000 25000
Amazon Com Inc. COM 231351061 600 7500 SH 7500 7500
Audiovox Corp COM 030757103 434 25000 SH 25000 25000
BEA Systems Inc COM 073325402 353 10000 SH 10000 10000
Big Entertainment Inc COM 089144109 511 30000 SH 30000 30000
Carrier Access Corp COM 014460102 627 15000 SH 15000 15000
Celgene Corp. COM 151020104 813 30000 SH 30000 30000
Clearnet Communications Inc COM 184902104 542 30000 SH 30000 30000
Concurrent Computer Corp. COM 206710204 170 25000 SH 25000 25000
Danka Business Systems COM 236277109 102 10000 SH 10000 10000
Data General Corp COM 237600106 769 36500 SH 36500 36500
Diversinet Corp COM 25536K204 255 25000 SH 25000 25000
DSET Corp COM 262504103 184 12500 SH 12500 12500
DSP Communications COM 23332K106 285 15000 SH 15000 15000
DSP Communications CALL 2333SK9JX 190 100 SH 100 100
Empower Corporation COM 9999EMRST 50 50000 SH 50000 50000
Endosonics Corp COM 29264K105 149 17500 SH 17500 17500
First Virtual Corp COM 30266P100 1350 96000 SH 96000 96000
Forward Air Corp COM 349851101 709 30000 SH 30000 30000
Global Crossing Ltd COM G3921A100 220 8300 SH 8300 8300
Industri Matematik Intl Corp COM 455792101 28 11800 SH 11800 11800
Infonautics Corp COM 456662105 999 173000 SH 173000 173000
Integrity Inc COM 64110P107 609 25000 SH 25000 25000
Interleaf Inc COM 458729209 170 10000 SH 10000 10000
I-Stat Corp. COM 450312103 1575 147000 SH 147000 147000
JDA Software Group Inc COM 46612K108 234 20000 SH 20000 20000
Media 100 Inc COM 58440W105 174 24700 SH 24700 24700
Metro One Telecommunications COM 59163F105 816 42500 SH 42500 42500
Natural Microsystems Corp. COM 638882100 278 20000 SH 20000 20000
Networks Associates Inc. COM 640938106 191 10000 SH 10000 10000
Oak Inds Inc CALL 6714009JE 340 10000 SH 10000 10000
Online Res & Communications Co. COM 68273G101 208 15000 SH 15000 15000
Pairgain Technologies Inc COM 695934109 510 40000 SH 40000 40000
Penton Media Inc COM 709668107 244 15000 SH 15000 15000
Perigrine Systems Inc COM 71366Q101 815 20000 SH 20000 20000
Photoelectron Corp COM 719320103 47 10000 SH 10000 10000
Photon Dynamics Inc COM 719364101 202 9600 SH 9600 9600
Pinnacle Holdings Inc COM 723460101 523 20000 SH 20000 20000
Ramp Networks Inc COM 751567108 550 25000 SH 25000 25000
Sensomatic Electronics Corp COM 817265101 634 50000 SH 50000 50000
Starbucks CALL 85514QPAC 743 30000 SH 30000 30000
Station Casinos Inc COM 857689103 465 20000 SH 20000 20000
Sterling Software Set CALL 8595479JX 425 10000 SH 10000 10000
Storage Technology CALL 8623120AJ 193 10000 SH 10000 10000
Tenet Healthcare/National Medical COM 88033G100 878 50000 SH 50000 50000
Troy Group COM 89733M106 238 31500 SH 31500 31500
Univision Communications Inc COM 914906102 1628 20000 SH 20000 20000
Vicor Corp COM 925815102 1166 51400 SH 51400 51400
Wind River Systems Inc COM 973149107 1235 65000 SH 65000 65000
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