UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: WOODFORD GAYED MANAGEMENT, INC.
Address: 400 Madison Avenue, Suite 1401
New York, NY 10017
13F File Number: 28-5664
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: Michael Gayed
Title: President & Chief Investment Officer
Phone: (212) 758-2205
Signature, Place, and Date of Signing:
Michael Gayed New York, NY 11/15/99
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
NONE
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: 0
Form 13F Information Table Entry Total: 187
Form 13F Information Table Value Total: $ 493,143
List of Other Included Managers:
NONE
<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>
ABBOTT LABS COM 002824100 605 16500.00 SH SOLE 16500.00
ADELPHIA COMMUN COM 006848105 941 16000.00 SH SOLE 16000.00
ALARIS MEDICAL INC COM 011637105 71 23600.00 SH SOLE 23600.00
ALLIANCE GAMING CORP COM 01859P104 195 24414.00 SH SOLE 24414.00
ALLIED SIGNAL INC COM 019512102 899 15000.00 SH SOLE 15000.00
ALLIED WASTE INDUSTRIES INC NE COM 019589308 1884161200.00 SH SOLE 103400.00 57800.00
ALLSTATE CORP COM 020002101 2297 92100.00 SH SOLE 59400.00 32700.00
996 39938.00 SH OTHER 39938.00
AMERICA ONLINE INC COM 02364J104 1249 12000.00 SH SOLE 12000.00
AMERICAN EXPRESS CO COM 025816109 1080 8000.00 SH SOLE 8000.00
AMERICAN FREUGHTWAY COM 02629V108 186 10200.00 SH SOLE 10200.00
AMERICAN INTL GROUP COM 026874107 1413 16250.00 SH SOLE 16250.00
AMGEN INC COM 031162100 978 12000.00 SH SOLE 12000.00
ANHEUSER BUSCH COS INC COM 035229103 1401 20000.00 SH SOLE 20000.00
ARGOSY GAMING COM 040228108 264 19900.00 SH SOLE 19900.00
AT&T CORP COM 001957109 4537104300.00 SH SOLE 48000.00 56300.00
237 5458.00 SH OTHER 5458.00
AUTOMATIC DATA PROCESS COM 053015103 1767 39600.00 SH SOLE 39600.00
AUTONATION INC COM 05329W102 6506520500.00 SH SOLE 337900.00 182600.00
AUTOZONE INC COM 053332102 5963212500.00 SH SOLE 137000.00 75500.00
AXA FINANCIAL COM 004251102 4320 77400.00 SH SOLE 50000.00 27400.00
AZTAR CORP. COM 054802103 328 32000.00 SH SOLE 32000.00
BANK NEW YORK INC COM 064057102 2411 72100.00 SH SOLE 46800.00 25300.00
BARNES & NOBLE INC COM 067774109 5366206400.00 SH SOLE 133000.00 73400.00
BAXTER INTL. COM 071813109 5471 90800.00 SH SOLE 54200.00 36600.00
BELL ATLANTIC CORP COM 077853109 619 9200.00 SH SOLE 9200.00
BELL INDUSTRIES INC (CALIFORNI COM 078107109 93 21200.00 SH SOLE 21200.00
BEST BUY COMPANY INC COM 086516101 558 9000.00 SH SOLE 9000.00
BIOGEN INC. COM 090597105 2522 32000.00 SH SOLE 32000.00
BRISTOL MYERS- SQUIBB COM 110122108 1633 24200.00 SH SOLE 24200.00
CAREMARK RX INC COM 141705103 310 54000.00 SH SOLE 54000.00
CATERPILLAR INC DEL COM 149123101 5777105400.00 SH SOLE 68100.00 37300.00
CHASE MANHATTAN CORP COM 16161A108 996 13216.00 SH OTHER 13216.00
CHEVRON CORPORATION COM 166751107 4289 48328.00 SH OTHER 48328.00
CHIQUITA BRANDS INTERNATIONAL COM 170032106 223 37500.00 SH SOLE 37500.00
CHOCK FULL O NUTS CORP COM 170268106 602 55400.00 SH SOLE 46200.00 9200.00
CIRCUIT CITY COM 172737306 80 23800.00 SH SOLE 23800.00
CISCO SYSTEMS COM 17275R102 4470 65200.00 SH SOLE 65200.00
CITIGROUP COM 172967101 9099206800.00 SH SOLE 104950.00 101850.00
COLLINS AND AIKMAN CORPORATION COM 194830105 222 31700.00 SH SOLE 31700.00
COMDISCO INC COM 200336105 579 30000.00 SH SOLE 30000.00
COMPAQ COMPUTER CORP COM 204493100 3678160800.00 SH SOLE 103900.00 56900.00
CONAGRA INC COM 205887102 4826213900.00 SH SOLE 137300.00 76600.00
CONEXANT SYSTEMS INC COM 207142100 1061 14600.00 SH SOLE 14600.00
CONOCO INC CLASS A COM 208251306 3219116000.00 SH SOLE 71800.00 44200.00
CONSECO INC COM 208464107 3551186900.00 SH SOLE 120300.00 66600.00
CORAM HEALTHCARE CORP COM 218103109 21 33700.00 SH SOLE 33700.00
CORPORATE EXPRESS INC COM 219888104 367 39000.00 SH SOLE 39000.00
COVENTRY HEALTHCARE INC. COM 222862104 190 20000.00 SH SOLE 20000.00
DATA GENERAL COM 237688106 632 30000.00 SH SOLE 30000.00
DELL COMPUTER CORP. COM 247025109 677 16200.00 SH SOLE 16200.00
DELTA AIRLINES COM 247361108 1775 36600.00 SH SOLE 23200.00 13400.00
DIGITAL MICROWAVE CORP. COM 253859102 229 14600.00 SH SOLE 14600.00
DISNEY WALT CO DEL COM 254687106 6872264300.00 SH SOLE 170400.00 93900.00
DOLE FOOD CO INC COM 256605106 4372230100.00 SH SOLE 148400.00 81700.00
DRYPERS CORPORATION COM 262497308 271 91400.00 SH SOLE 91400.00
DU PONT E I DE NEMOURS COM 263534109 782 12918.00 SH SOLE 12918.00
EMC CORP COM 268648102 2884 40400.00 SH SOLE 40400.00
EQUIFAX INC COM 294429105 2649 94200.00 SH SOLE 60400.00 33800.00
EXXON CORP. COM 302290101 46 600.00 SH SOLE 600.00
6080 80000.00 SH OTHER 80000.00
FIRST DATA CORP COM 319963104 4848110500.00 SH SOLE 71900.00 38600.00
FIRST UNION CORPORATION COM 337358105 5629158000.00 SH SOLE 101900.00 56100.00
FLEMING INC. COM 339130106 390 39700.00 SH SOLE 39700.00
FOSTER WHEELER CORP COM 350244109 6528541200.00 SH SOLE 356700.00 184500.00
FOUDATION HEALTH SYSTEM COM 350404109 100 10600.00 SH SOLE 7000.00 3600.00
FRESH DEL MONTE COM G36738105 153 13700.00 SH SOLE 13700.00
GANNETT INC COM 364730101 1107 16000.00 SH SOLE 16000.00
GAP INC DEL COM COM 364760108 1362 42575.00 SH SOLE 42575.00
GATEWAY INC COM 367626108 17147389700.00 SH SOLE 220300.00 169400.00
GENENTECH INC COM 368710406 732 5000.00 SH SOLE 5000.00
GENERAL ELECTRIC CORP. COM 369604103 2751 23200.00 SH SOLE 23200.00
9106 76800.00 SH OTHER 76800.00
GENERAL MTRS CORP COM COM 370442105 717 11400.00 SH OTHER 11400.00
GENESIS HEALTH VENTURES INC COM 371912106 162 68300.00 SH SOLE 65200.00 3100.00
GILLETTE CO COM 375766102 3716109500.00 SH SOLE 70800.00 38700.00
GTE CORP. COM 362320103 1076 14000.00 SH SOLE 14000.00
HARTMARX INC. COM 417119104 87 21800.00 SH SOLE 21800.00
HEALTHSOUTH INC. COM 421924101 1620264500.00 SH SOLE 169900.00 94600.00
HEILIG MEYERS CO COM COM 422893107 165 34800.00 SH SOLE 34800.00
HEWLETT PACKARD COM 428236103 7269 80100.00 SH SOLE 46500.00 33600.00
HOME DEPOT INC COM COM 437076102 7995116500.00 SH SOLE 56000.00 60500.00
INFINITY BROADCASTING COM 45662S102 1905 65000.00 SH SOLE 65000.00
INNKEEPERS USA COM 4576J0104 91 10900.00 SH SOLE 10900.00
INTEGRATED HEALTH SERV COM 45812C106 57 36700.00 SH SOLE 36700.00
INTEL CORP. COM 458140100 22636304600.00 SH SOLE 165900.00 138700.00
1427 19200.00 SH OTHER 19200.00
INTERNATIONAL BUS MACH COM COM 459200101 7187 59400.00 SH SOLE 24000.00 35400.00
1936 16000.00 SH OTHER 16000.00
INTERPUBLIC GROUP COS COM COM 460690100 1472 35800.00 SH SOLE 35800.00
ITT HARTFORD GROUP INC COM 45068H106 647 15824.00 SH OTHER 15824.00
ITT INDUSTRIES INC COM 450911102 252 7912.00 SH OTHER 7912.00
JOHNSON & JOHNSON COM 478160104 8296 90300.00 SH SOLE 45800.00 44500.00
K MART COM 482584109 4724404200.00 SH SOLE 260100.00 144100.00
KELLOGG CO COM COM 487836108 7068188800.00 SH SOLE 121700.00 67100.00
KROGER CO COM COM 501044101 706 32000.00 SH OTHER 32000.00
LABORATORY CORP OF AMERICA HOL COM 50540R102 595216400.00 SH SOLE 207300.00 9100.00
LIBERTY MEDIA GROUP COM 001957208 2612 70000.00 SH SOLE 70000.00
LILLY ELI & CO COM COM 532457108 725 11300.00 SH SOLE 11300.00
LOUISIANA PACIFIC COM 546347105 4169266800.00 SH SOLE 172000.00 94800.00
LUCENT TECHNOLOGIES INC COM 549463107 2374 36600.00 SH SOLE 36600.00
306 4720.00 SH OTHER 4720.00
MARSH & McLENNAN COS COM 571748102 3490 50950.00 SH SOLE 33750.00 17200.00
MASCO CORP COM COM 574599106 3503113000.00 SH SOLE 72800.00 40200.00
MAXTOR COM 577729205 133 20200.00 SH SOLE 20200.00
MCDONALDS CORP COM COM 580135101 9273214400.00 SH SOLE 108400.00 106000.00
MCI WORLDCOM INC COM 55268B106 1509 21000.00 SH SOLE 21000.00
MCKESSON HBOC Inc COM 58155Q103 5359184800.00 SH SOLE 119300.00 65500.00
MEDIA ONE GROUP INC COM 58440J104 546 8000.00 SH SOLE 8000.00
MEDTRONIC INC COM COM 585055106 640 18000.00 SH SOLE 18000.00
MERCK & CO INC COM COM 589331107 8095124900.00 SH SOLE 73500.00 51400.00
MERRILL LYNCH & CO COM 590188108 7492111200.00 SH SOLE 68400.00 42800.00
METROCALL INC. COM 591647102 67 53900.00 SH SOLE 53900.00
MICROSOFT CORP COM COM 594918104 3604 39800.00 SH SOLE 39800.00
MILACRON INC COM 598709103 272 15306.00 SH SOLE 14500.00 806.00
MINNESOTA MINING & MFG. COM 604059105 6128 63790.00 SH SOLE 41000.00 22790.00
461 4800.00 SH OTHER 4800.00
MOBIL CORP COM COM 607059102 4896 48592.00 SH OTHER 48592.00
MONSANTO CO COM COM 611662107 4115115300.00 SH SOLE 74400.00 40900.00
357 10000.00 SH OTHER 10000.00
MORGAN STANLEY DEAN WITTER DIS COM 617446448 4923 55200.00 SH SOLE 27300.00 27900.00
1500 16814.00 SH OTHER 16814.00
MORRISON KNUDSEN CORPORATION N COM 61844A109 260 25200.00 SH SOLE 25200.00
MOTOROLA INC COM COM 620076109 704 8000.00 SH OTHER 8000.00
NALCO CHEM CO COM COM 629853102 202 4000.00 SH OTHER 4000.00
NAVISTAR INTL CORP NEW COM COM 63934E108 8138175009.00 SH SOLE 115800.00 59209.00
NCS HEALTHCARE INC COM 628874109 51 19300.00 SH SOLE 19300.00
NEXTEL COMMUNICATIONS COM 65332V103 15095222600.00 SH SOLE 127100.00 95500.00
NOVACARE EMPLOYEE SVC COM 66986Q101 79 32300.00 SH SOLE 32300.00
OFFICEMAX INC COM 67622M108 76 13000.00 SH SOLE 8700.00 4300.00
ORACLE SYSTEMS CORP COM 68389X105 2061 45300.00 SH SOLE 45300.00
OXFORD HEALTH PLANS COM 691471106 216 17300.00 SH SOLE 17300.00
PARKER DRILLING CO. COM 701081101 119 26900.00 SH SOLE 26900.00
PE BIOSYSTEMS GROUP COM 69332S102 433 6000.00 SH SOLE 6000.00
PENNEY J C INC COM COM 708160106 3591104100.00 SH SOLE 67100.00 37000.00
PENNZOIL-QUAKER STATE COMPANY COM 709323109 286 22671.00 SH SOLE 22671.00
PFIZER INC COM 717081103 13859386300.00 SH SOLE 195100.00 191200.00
PHYCOR INC COM 71940F100 248 56800.00 SH SOLE 56800.00
PITNEY BOWES INC COM 724479100 609 10000.00 SH SOLE 10000.00
PROCTER & GAMBLE CO COM 742718109 1031 11000.00 SH SOLE 11000.00
PROVIDIAN CORP COM COM 74406A102 1148 14500.00 SH SOLE 14500.00
QUALCOMM INC COM 747525103 10481 55400.00 SH SOLE 27400.00 28000.00
RALSTON PURINA CO COM RAL-PUR COM 751277302 2171 77900.00 SH SOLE 50200.00 27700.00
RITE AID CORP. COM 767754104 7828566700.00 SH SOLE 364500.00 202200.00
ROMAC INTERNATIONAL INC COM 775835101 112 13500.00 SH SOLE 13500.00
RYAN'S FAMOUS STEAK HOUSE COM 783519101 308 34200.00 SH SOLE 34200.00
SAFETY KLEEN CORP COM 78648R104 379 31450.00 SH SOLE 27700.00 3750.00
SAFEWAY INC NEW COM 786514208 689 18100.00 SH SOLE 18100.00
SAKS INC COM 79377W108 4670307500.00 SH SOLE 197800.00 109700.00
SARA LEE CORP COM 803111103 393 16800.00 SH OTHER 16800.00
SBC COMMUNICATIONS INC. COM 78387G103 2027 39700.00 SH SOLE 3000.00 36700.00
SCHLUMBERGER LTD COM 806857108 4748 76200.00 SH SOLE 42900.00 33300.00
SCHWAB CHARLES CP NEW COM 808513105 401 12000.00 SH SOLE 12000.00
SEARS ROEBUCK & CO COM 812387108 676 21540.00 SH OTHER 21540.00
SERVICE CORP INTL COM 817565104 3836363200.00 SH SOLE 234000.00 129200.00
SIEBEL COM 826170102 466 7000.00 SH SOLE 7000.00
SOLECTRON CORP COM COM 834182107 1293 18000.00 SH SOLE 18000.00
SPRINT PCS GROUP COM 852061506 1864 25000.00 SH SOLE 25000.00
STANLEY WORKS COM 854616109 4292170400.00 SH SOLE 109300.00 61100.00
STEWART ENTERPRISES COM 860370105 91 15000.00 SH SOLE 15000.00
STRIDE RITE CORP. COM 863314100 156 22300.00 SH SOLE 22300.00
SUN HEALTHCARE GROUP COM 866933104 8 35000.00 SH SOLE 35000.00
SUN MICROSYSTEMS COM 866810104 19479209452.00 SH SOLE 93200.00 116252.00
SYSCO CORP COM 871829107 1048 29900.00 SH SOLE 29900.00
TEXACO CORP. COM 881694103 631 10000.00 SH SOLE 10000.00
TEXAS INSTRUMENTS COM 882508104 1892 23000.00 SH SOLE 23000.00
TIME WARNER INC COM 887315109 4574 75300.00 SH SOLE 26400.00 48900.00
TIMKEN CO COM 887389104 1869115900.00 SH SOLE 70100.00 45800.00
TOTAL RENAL CARE HOLDINGS INC. COM 89151A107 89 11900.00 SH SOLE 11900.00
TYCO INTERNATIONAL LTD COM 902124106 3242 31400.00 SH SOLE 31400.00
TYSON FOODS COM 902494103 1994121300.00 SH SOLE 78400.00 42900.00
U S HOME & GARDEN INC COM 902939107 89 35000.00 SH SOLE 35000.00
UNION PAC CORP COM 907818108 1922 40000.00 SH OTHER 40000.00
UNION PACIFIC RESOURCES GROUP COM 907834105 551 33878.00 SH OTHER 33878.00
UNITED AUTO GROUP COM 909440109 142 11200.00 SH SOLE 11200.00
UNITED TECHNOLOGIES CORP COM 913017109 2100 35400.00 SH SOLE 35400.00
UNOCAL CORP. COM 915289102 643 17352.00 SH OTHER 17352.00
US BANCORP DEL COM 902973106 4730156700.00 SH SOLE 101000.00 55700.00
VIACOM INC CLASS B COM 925524308 1056 25000.00 SH SOLE 25000.00
VISTA EYECARE INC COM 928352103 67 26900.00 SH SOLE 26900.00
VODAFONE GROUP PLC SPONSORED A COM 92857T107 576 2421.00 SH OTHER 2421.00
WAL MART STORES INC COM 931142103 2587 54400.00 SH SOLE 54400.00
WALGREEN INC. COM 931422109 3801149800.00 SH SOLE 95600.00 54200.00
WARNER LAMBERT CO COM 934488107 956 14400.00 SH OTHER 14400.00
WASTE MANAGEMENT INC. COM 94106L109 7430386000.00 SH SOLE 249400.00 136600.00
WELLS FARGO & CO DEL COM 949746101 594 15000.00 SH SOLE 15000.00
WHX CORP COM 929248102 151 15100.00 SH SOLE 15100.00
</TABLE>
