UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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 05/13/99
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 1034.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 160
Form 13F Information Table Value Total: $ 630,003
List of Other Included Managers:
NONE
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<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 1568 33500.00 SH SOLE 33500.00
AIRTOUCH COMMUNICATION COM 00949T100 841 8700.00 SH SOLE 8700.00
ALARIS MEDICAL INC COM 011637105 40 12600.00 SH SOLE 12600.00
ALLSTATE CORP COM 020002101 2987 80600.00 SH SOLE 61200.00 19400.00
1480 39938.00 SH OTHER 39938.00
AMERICA ONLINE INC COM 02364J104 3822 26000.00 SH SOLE 26000.00
AMERICAN HOME PRODS CP COM 026609107 959 14700.00 SH SOLE 14700.00
AMERICAN INTL GROUP COM 026874107 603 5000.00 SH SOLE 5000.00
ANHEUSER BUSCH COS INC COM 035229103 1522 20000.00 SH SOLE 20000.00
ARGOSY GAMING COM 040228108 106 19900.00 SH SOLE 19900.00
AT&T CORP COM 001957109 1596 20000.00 SH SOLE 20000.00
290 3639.00 SH OTHER 3639.00
AUTOMATIC DATA PROCESS COM 053015103 1638 39600.00 SH SOLE 39600.00
AZTAR CORP. COM 054802103 154 32000.00 SH SOLE 32000.00
BAKER HUGHES INC COM 057224107 10172418400.00 SH SOLE 316400.00 102000.00
BANK NEW YORK INC COM 064057102 3781105200.00 SH SOLE 79900.00 25300.00
BANK OF AMERICA CORP. COM 060505104 5240 74200.00 SH SOLE 57400.00 16800.00
BARNES & NOBLE INC COM 067774109 8018249600.00 SH SOLE 188900.00 60700.00
BAXTER INTL. COM 071813109 8554129600.00 SH SOLE 93000.00 36600.00
BELL INDUSTRIES INC (CALIFORNI COM 078107109 114 11000.00 SH SOLE 11000.00
BIOGEN INC. COM 090597105 7419 64900.00 SH SOLE 37700.00 27200.00
BOEING CO COM 097023105 7711226800.00 SH SOLE 171500.00 55300.00
BRISTOL MYERS- SQUIBB COM 110122108 1552 24200.00 SH SOLE 24200.00
CARDINAL HEALTH INC COM 822 12450.00 SH SOLE 12450.00
CATERPILLAR INC DEL COM 149123101 7051153500.00 SH SOLE 116200.00 37300.00
CHASE MANHATTAN CORP COM 16161A108 1221 15000.00 SH SOLE 15000.00
1075 13216.00 SH OTHER 13216.00
CHEVRON CORPORATION COM 166751107 4289 48328.00 SH OTHER 48328.00
CHIQUITA BRANDS INTERNATIONAL COM 170032106 102 10000.00 SH SOLE 10000.00
CHOCK FULL O NUTS CORP COM 170268106 305 55400.00 SH SOLE 46200.00 9200.00
CISCO SYSTEMS COM 17275R102 3769 34400.00 SH SOLE 900.00 33500.00
CITIGROUP COM 172967101 12040188500.00 SH SOLE 120600.00 67900.00
CLOROX CO DEL COM 189054109 621 5300.00 SH SOLE 5300.00
COCA COLA CO COM COM 191216100 4922 80200.00 SH SOLE 60100.00 20100.00
COLLINS AND AIKMAN CORPORATION COM 194830105 100 21000.00 SH SOLE 21000.00
CONOCO INC COM 208251306 3903158900.00 SH SOLE 114700.00 44200.00
CONSECO INC COM 208464107 8426272900.00 SH SOLE 206300.00 66600.00
CORPORATE EXPRESS INC COM 219888104 78 15000.00 SH SOLE 15000.00
COSTCO COMPANIES INC COM 22160Q102 1502 16400.00 SH SOLE 16400.00
DELL COMPUTER CORP. COM 247025109 417 10200.00 SH SOLE 10200.00
DISNEY WALT CO DEL COM 254687106 9362300800.00 SH SOLE 211200.00 89600.00
DOLE FOOD CO INC COM 256605106 5175172500.00 SH SOLE 130700.00 41800.00
DONALDSON LUFKIN INC COM 257661108 697 10000.00 SH SOLE 10000.00
DRYPERS CORPORATION COM 262497308 72 33600.00 SH SOLE 33600.00
EMC CORP COM 268648102 3858 30200.00 SH SOLE 30200.00
EQUIFAX INC COM 294429105 4740137900.00 SH SOLE 104100.00 33800.00
EQUITABLE COS INC COM 29444G107 10780154000.00 SH SOLE 117700.00 36300.00
EXXON CORP. COM 302290101 42 600.00 SH SOLE 600.00
5645 80000.00 SH OTHER 80000.00
FEDERAL NATL MTG ASSN COM 313586109 1267 18300.00 SH SOLE 18300.00
FIRST DATA CORP COM 319963104 6784158700.00 SH SOLE 120100.00 38600.00
FLEMING INC. COM 339130106 104 12200.00 SH SOLE 12200.00
FORD MTR CO DEL COM 1190 21000.00 SH SOLE 21000.00
FOSTER WHEELER CORP COM 350244109 8479699300.00 SH SOLE 532200.00 167100.00
FOUDATION HEALTH SYSTEM COM 350404109 129 10600.00 SH SOLE 7000.00 3600.00
GAP INC DEL COM COM 364760108 1686 25050.00 SH SOLE 25050.00
GATEWAY 2000 INC COM 367833100 15255222500.00 SH SOLE 151000.00 71500.00
GENENTECH INC COM 368710307 7391 83400.00 SH SOLE 54600.00 28800.00
GENERAL ELECTRIC CORP. COM 369604103 2566 23200.00 SH SOLE 23200.00
8496 76800.00 SH OTHER 76800.00
GENERAL MTRS CORP COM COM 370442105 992 11400.00 SH OTHER 11400.00
GENESIS HEALTH VENTURES INC COM 371912106 102 20900.00 SH SOLE 17800.00 3100.00
GILLETTE CO COM 375766102 5355 90100.00 SH SOLE 68300.00 21800.00
GLOBAL CROSSING LTD COM G3921A100 809 17500.00 SH SOLE 17500.00
HALLIBURTON CO COM COM 406216101 9721252500.00 SH SOLE 191000.00 61500.00
HARTMARX INC. COM 417119104 49 10000.00 SH SOLE 10000.00
HEILIG MEYERS CO COM COM 422893107 88 17000.00 SH SOLE 17000.00
HEWLETT PACKARD COM 428236103 8185120700.00 SH SOLE 91400.00 29300.00
HOME DEPOT INC COM COM 437076102 6368102300.00 SH SOLE 54900.00 47400.00
INFINITY BROADCASTING COM 45662S102 1674 65000.00 SH SOLE 65000.00
INTEL CORP. COM 458140100 12696106800.00 SH SOLE 66400.00 40400.00
1141 9600.00 SH OTHER 9600.00
INTERNATIONAL BUS MACH COM COM 459200101 8738 49300.00 SH SOLE 33300.00 16000.00
1418 8000.00 SH OTHER 8000.00
INTERPUBLIC GROUP COS COM COM 460690100 1394 17900.00 SH SOLE 17900.00
ITT HARTFORD GROUP INC COM 45068H106 899 15824.00 SH OTHER 15824.00
ITT INDUSTRIES INC COM 450911102 280 7912.00 SH OTHER 7912.00
JOHNSON & JOHNSON COM 478160104 11444122400.00 SH SOLE 77900.00 44500.00
K MART COM 482584109 9911589500.00 SH SOLE 445400.00 144100.00
KELLOGG CO COM COM 487836108 8578253700.00 SH SOLE 192300.00 61400.00
KROGER CO COM COM 501044101 2072 34600.00 SH SOLE 34600.00
958 16000.00 SH OTHER 16000.00
LABORATORY CORP OF AMERICA HOL COM 50540R102 292166700.00 SH SOLE 157600.00 9100.00
LEHMAN BROTHERS HOLDINGS INC COM 524908100 777 13000.00 SH SOLE 13000.00
LIBERTY MEDIA GROUP COM 1841 35000.00 SH SOLE 35000.00
LILLY ELI & CO COM COM 532457108 1383 16300.00 SH SOLE 16300.00
LUCENT TECHNOLOGIES INC COM 549463107 1436 13300.00 SH SOLE 13300.00
255 2360.00 SH OTHER 2360.00
LYCOS INC COM 550818108 688 8000.00 SH SOLE 8000.00
MARSH & McLENNAN COS COM 571748102 5821 78400.00 SH SOLE 55200.00 23200.00
MCDONALDS CORP COM COM 580135101 13277293000.00 SH SOLE 187000.00 106000.00
MCI WORLDCOM INC COM 55268B106 1594 18000.00 SH SOLE 18000.00
MEDPARTNERS INC COM 58503X107 95 20000.00 SH SOLE 20000.00
MEDTRONIC INC COM COM 585055106 647 9000.00 SH SOLE 9000.00
MERCK & CO INC COM COM 589331107 10881135800.00 SH SOLE 90600.00 45200.00
MERRILL LYNCH & CO COM 590188108 14682165900.00 SH SOLE 109900.00 56000.00
MICROSOFT CORP COM COM 594918104 3657 40800.00 SH SOLE 40800.00
MILACRON INC COM 589709103 172 10906.00 SH SOLE 10100.00 806.00
MINNESOTA MINING & MFG. COM 604059105 6593 93190.00 SH SOLE 70400.00 22790.00
340 4800.00 SH OTHER 4800.00
MOBIL CORP COM COM 607059102 4276 48592.00 SH OTHER 48592.00
MONSANTO CO COM COM 611662107 7754168800.00 SH SOLE 127900.00 40900.00
459 10000.00 SH OTHER 10000.00
MORGAN STANLEY DEAN WITTER DIS COM 617446448 8495 85000.00 SH SOLE 47100.00 37900.00
1680 16814.00 SH OTHER 16814.00
MOTOROLA INC COM COM 620076109 586 8000.00 SH OTHER 8000.00
NAVISTAR INTL CORP NEW COM COM 63934E108 10236254709.00 SH SOLE 195500.00 59209.00
NEXTEL COMMUNICATIONS COM 65332V103 10596289300.00 SH SOLE 218800.00 70500.00
OFFICEMAX INC COM 67622M108 112 13000.00 SH SOLE 8700.00 4300.00
OMNICOM GROUP INC COM 681919106 639 8000.00 SH SOLE 8000.00
ORACLE SYSTEMS CORP COM 68389X105 9506360400.00 SH SOLE 224250.00 136150.00
PARKER DRILLING CO. COM 701081101 46 13000.00 SH SOLE 13000.00
PENNEY J C INC COM COM 708160106 6184152700.00 SH SOLE 115700.00 37000.00
PFIZER INC COM 717081103 18384132500.00 SH SOLE 86600.00 45900.00
PHYCOR INC COM 71940F100 71 15000.00 SH SOLE 15000.00
QUALCOMM INC COM 747525103 23768191100.00 SH SOLE 143000.00 48100.00
QWEST COMMUN INTL COM 749121109 1153 16000.00 SH SOLE 16000.00
RALSTON PURINA CO COM RAL-PUR COM 751277302 3042114000.00 SH SOLE 86300.00 27700.00
REPUBLIC INDUSTRIES COM 760516104 8457683400.00 SH SOLE 517800.00 165600.00
REPUBLIC NEW YORK COM 760719104 6471140300.00 SH SOLE 106100.00 34200.00
RITE AID CORP. COM 767754104 5000200000.00 SH SOLE 151600.00 48400.00
RYAN'S FAMOUS STEAK HOUSE COM 783519101 211 17500.00 SH SOLE 17500.00
SAFETY KLEEN CORP COM 78648R104 284 21450.00 SH SOLE 17700.00 3750.00
SAFEWAY INC NEW COM 786514208 1852 36100.00 SH SOLE 36100.00
SAKS INC COM 79377W108 8247317200.00 SH SOLE 240300.00 76900.00
SARA LEE CORP COM 803111103 416 16800.00 SH OTHER 16800.00
SBC COMMUNICATIONS INC. COM 78387G103 6049128200.00 SH SOLE 69900.00 58300.00
SCHERING PLOUGH CORP COM 806605101 1381 25000.00 SH SOLE 25000.00
SCHLUMBERGER LTD COM 806857108 9684160900.00 SH SOLE 114300.00 46600.00
SCHWAB CHARLES CP NEW COM 808513105 1442 15000.00 SH SOLE 15000.00
SEARS ROEBUCK & CO COM 812387108 973 21540.00 SH OTHER 21540.00
SERVICE CORP INTL COM 817565104 5634395400.00 SH SOLE 299000.00 96400.00
SOLECTRON CORP COM COM 834182107 874 18000.00 SH SOLE 18000.00
SOUTHWEST AIRLS CO COM COM 844741108 2813 93000.00 SH SOLE 93000.00
STANLEY WORKS COM 854616109 6399249700.00 SH SOLE 188600.00 61100.00
STARWOOD HOTELS & RESORTS COM 855905204 208 7267.00 SH OTHER 7267.00
SUN HEALTHCARE GROUP COM 866933104 35 35000.00 SH SOLE 35000.00
SUN MICROSYSTEMS COM 866810104 29455235526.00 SH SOLE 143700.00 91826.00
SYSCO CORP COM 871829107 1576 59900.00 SH SOLE 59900.00
TCA CABLE TV INC COM 872241104 348 8000.00 SH SOLE 8000.00
TEXACO CORP. COM 881694103 567 10000.00 SH SOLE 10000.00
TEXAS INSTRUMENTS COM 882508104 695 7000.00 SH SOLE 7000.00
TIME WARNER INC COM 887315109 6671 94200.00 SH SOLE 45300.00 48900.00
TIMKEN CO COM 887389104 2790171700.00 SH SOLE 125900.00 45800.00
TRAVEL PORT OF AMERICA COM 894167105 193 53200.00 SH SOLE 53200.00
TYCO INTERNATIONAL LTD COM 902124106 1822 25400.00 SH SOLE 25400.00
TYSON FOODS COM 902494103 3467167600.00 SH SOLE 127200.00 40400.00
UAL CORP COM 902549500 11853152200.00 SH SOLE 115300.00 36900.00
UNION PAC CORP COM 907818108 2137 40000.00 SH OTHER 40000.00
UNION PACIFIC RESOURCES GROUP COM 907834105 402 33878.00 SH OTHER 33878.00
UNITED TECHNOLOGIES CORP COM 913017109 2397 17700.00 SH SOLE 17700.00
UNOCAL CORP. COM 915289102 640 17352.00 SH OTHER 17352.00
US BANCORP DEL COM 902973106 4581134500.00 SH SOLE 101500.00 33000.00
VISTA EYECARE INC COM 638459107 58 10000.00 SH SOLE 10000.00
VODAFONE GROUP PLC SPONSORED A COM 92857T107 455 2421.00 SH OTHER 2421.00
WAL MART STORES INC COM 931142103 2047 22200.00 SH SOLE 22200.00
WALGREEN INC. COM 931422109 8074285800.00 SH SOLE 164800.00 121000.00
WARNER LAMBERT CO COM 934488107 861 13000.00 SH SOLE 13000.00
954 14400.00 SH OTHER 14400.00
WASTE MANAGEMENT INC. COM 94106L109 2698 60800.00 SH SOLE 46100.00 14700.00
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