UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 08/13/99
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 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 172
Form 13F Information Table Value Total: $ 640,146
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 1520 33500.00 SH SOLE 33500.00
ADELPHIA COMMUN COM 006848105 1018 16000.00 SH SOLE 16000.00
AETNA LIFE & CAS CO COM 008117103 715 8000.00 SH SOLE 8000.00
ALARIS MEDICAL INC COM 011637105 43 12600.00 SH SOLE 12600.00
ALLIED SIGNAL INC COM 019512102 945 15000.00 SH SOLE 15000.00
ALLIED WASTE INDUSTRIES INC NE COM 019589308 1997101100.00 SH SOLE 73800.00 27300.00
ALLSTATE CORP COM 020002101 4366121700.00 SH SOLE 89000.00 32700.00
1433 39938.00 SH OTHER 39938.00
AMERICA ONLINE INC COM 02364J104 1980 18000.00 SH SOLE 18000.00
AMERICAN EXPRESS CO COM 025816109 1041 8000.00 SH SOLE 8000.00
AMERICAN HOME PRODS CP COM 026609107 442 7700.00 SH SOLE 7700.00
AMERICAN INTL GROUP COM 026874107 1524 13000.00 SH SOLE 13000.00
AMGEN INC COM 031162100 609 10000.00 SH SOLE 10000.00
ANHEUSER BUSCH COS INC COM 035229103 1419 20000.00 SH SOLE 20000.00
ARGOSY GAMING COM 040228108 175 19900.00 SH SOLE 19900.00
AT&T CORP COM 001957109 7049126300.00 SH SOLE 70000.00 56300.00
305 5458.00 SH OTHER 5458.00
AUTOMATIC DATA PROCESS COM 053015103 1742 39600.00 SH SOLE 39600.00
AUTONATION INC COM 05329W102 13682768100.00 SH SOLE 498500.00 269600.00
AUTOZONE INC COM 053332102 8465281000.00 SH SOLE 205500.00 75500.00
AZTAR CORP. COM 054802103 294 32000.00 SH SOLE 32000.00
BANK NEW YORK INC COM 064057102 3463 94400.00 SH SOLE 69100.00 25300.00
BANK OF AMERICA CORP. COM 060505104 4787 65300.00 SH SOLE 48500.00 16800.00
BARNES & NOBLE INC COM 067774109 7468272800.00 SH SOLE 199400.00 73400.00
BAXTER INTL. COM 071813109 7093117000.00 SH SOLE 80400.00 36600.00
BELL INDUSTRIES INC (CALIFORNI COM 078107109 49 11000.00 SH SOLE 11000.00
BIOGEN INC. COM 090597105 7846122000.00 SH SOLE 63600.00 58400.00
BOEING CO COM 097023105 8892202100.00 SH SOLE 146800.00 55300.00
BRISTOL MYERS- SQUIBB COM 110122108 1705 24200.00 SH SOLE 24200.00
BROWNING FERRIS INDS INC COM 115885105 1075 25000.00 SH SOLE 25000.00
CATERPILLAR INC DEL COM 149123101 8208136800.00 SH SOLE 99500.00 37300.00
CHASE MANHATTAN CORP COM 16161A108 1143 13216.00 SH OTHER 13216.00
CHEVRON CORPORATION COM 166751107 4594 48328.00 SH OTHER 48328.00
CHIQUITA BRANDS INTERNATIONAL COM 170032106 337 37500.00 SH SOLE 37500.00
CHOCK FULL O NUTS CORP COM 170268106 578 55400.00 SH SOLE 46200.00 9200.00
CISCO SYSTEMS COM 17275R102 4201 65200.00 SH SOLE 65200.00
CITIGROUP COM 172967101 12169256200.00 SH SOLE 154350.00 101850.00
COCA COLA CO COM COM 191216100 930 15000.00 SH SOLE 15000.00
COLLINS AND AIKMAN CORPORATION COM 194830105 198 26000.00 SH SOLE 26000.00
COMDISCO INC COM 200336105 769 30000.00 SH SOLE 30000.00
COMPAQ COMPUTER CORP COM 204493100 5036212600.00 SH SOLE 155700.00 56900.00
CONAGRA INC COM 205887102 5482205900.00 SH SOLE 150500.00 55400.00
CONOCO INC COM 208251306 4109147400.00 SH SOLE 103200.00 44200.00
CONSECO INC COM 208464107 7399243100.00 SH SOLE 176500.00 66600.00
CORPORATE EXPRESS INC COM 219888104 273 39000.00 SH SOLE 39000.00
DELL COMPUTER CORP. COM 247025109 377 10200.00 SH SOLE 10200.00
DISNEY WALT CO DEL COM 254687106 10612344400.00 SH SOLE 250500.00 93900.00
DOLE FOOD CO INC COM 256605106 8936304200.00 SH SOLE 222500.00 81700.00
DRYPERS CORPORATION COM 262497308 205 73600.00 SH SOLE 73600.00
DU PONT E I DE NEMOURS COM 263534109 1025 15000.00 SH SOLE 15000.00
EMC CORP COM 268648102 2222 40400.00 SH SOLE 40400.00
EQUIFAX INC COM 294429105 4379122700.00 SH SOLE 88900.00 33800.00
EQUITABLE COS INC COM 29444G107 9159136700.00 SH SOLE 100400.00 36300.00
EXXON CORP. COM 302290101 46 600.00 SH SOLE 600.00
6170 80000.00 SH OTHER 80000.00
FEDERAL NATL MTG ASSN COM 313586109 1249 18300.00 SH SOLE 18300.00
FIRST DATA CORP COM 319963104 6949142000.00 SH SOLE 103400.00 38600.00
FIRST UNION CORPORATION COM 337358105 6527138500.00 SH SOLE 101300.00 37200.00
FLEMING INC. COM 339130106 462 39700.00 SH SOLE 39700.00
FORD MTR CO DEL COM 345370100 1580 28000.00 SH SOLE 28000.00
FOSTER WHEELER CORP COM 350244109 9903704200.00 SH SOLE 519700.00 184500.00
FOUDATION HEALTH SYSTEM COM 350404109 159 10600.00 SH SOLE 7000.00 3600.00
GANNETT INC COM 364730101 1142 16000.00 SH SOLE 16000.00
GAP INC DEL COM COM 364760108 1893 37575.00 SH SOLE 37575.00
GATEWAY INC COM 367626108 11848200600.00 SH SOLE 129100.00 71500.00
GENERAL ELECTRIC CORP. COM 369604103 2622 23200.00 SH SOLE 23200.00
8678 76800.00 SH OTHER 76800.00
GENERAL MTRS CORP COM COM 370442105 752 11400.00 SH OTHER 11400.00
GENESIS HEALTH VENTURES INC COM 371912106 175 58400.00 SH SOLE 55300.00 3100.00
GILLETTE CO COM 375766102 3288 80200.00 SH SOLE 58400.00 21800.00
GLOBAL CROSSING LTD COM G3921A100 426 10000.00 SH SOLE 10000.00
GTE CORP. COM 362320103 1057 14000.00 SH SOLE 14000.00
HALLIBURTON CO COM COM 406216101 3851 85100.00 SH SOLE 62500.00 22600.00
HARTMARX INC. COM 417119104 84 20000.00 SH SOLE 20000.00
HEILIG MEYERS CO COM COM 422893107 191 28000.00 SH SOLE 28000.00
HEWLETT PACKARD COM 428236103 11286112300.00 SH SOLE 78000.00 34300.00
HOME DEPOT INC COM COM 437076102 6083 94400.00 SH SOLE 47000.00 47400.00
INFINITY BROADCASTING COM 45662S102 1922 65000.00 SH SOLE 65000.00
INTEL CORP. COM 458140100 21527361800.00 SH SOLE 242000.00 119800.00
1142 19200.00 SH OTHER 19200.00
INTERNATIONAL BUS MACH COM COM 459200101 12149 94000.00 SH SOLE 57000.00 37000.00
2068 16000.00 SH OTHER 16000.00
INTERPUBLIC GROUP COS COM COM 460690100 1551 17900.00 SH SOLE 17900.00
ITT HARTFORD GROUP INC COM 45068H106 923 15824.00 SH OTHER 15824.00
ITT INDUSTRIES INC COM 450911102 302 7912.00 SH OTHER 7912.00
JOHNSON & JOHNSON COM 478160104 10898111200.00 SH SOLE 66700.00 44500.00
K MART COM 482584109 8662525000.00 SH SOLE 380900.00 144100.00
KELLOGG CO COM COM 487836108 7455225900.00 SH SOLE 164500.00 61400.00
KROGER CO COM COM 501044101 894 32000.00 SH OTHER 32000.00
LABORATORY CORP OF AMERICA HOL COM 50540R102 614213700.00 SH SOLE 204600.00 9100.00
LIBERTY MEDIA GROUP COM 001957208 2572 70000.00 SH SOLE 70000.00
LILLY ELI & CO COM COM 532457108 594 8300.00 SH SOLE 8300.00
LOUISIANA PACIFIC COM 546347105 6986292600.00 SH SOLE 213600.00 79000.00
LUCENT TECHNOLOGIES INC COM 549463107 2468 36600.00 SH SOLE 36600.00
318 4720.00 SH OTHER 4720.00
MARSH & McLENNAN COS COM 571748102 5325 70350.00 SH SOLE 47150.00 23200.00
MASCO CORP COM COM 574599106 4311149300.00 SH SOLE 109100.00 40200.00
MCDONALDS CORP COM COM 580135101 10931265800.00 SH SOLE 159800.00 106000.00
MCI WORLDCOM INC COM 55268B106 1549 18000.00 SH SOLE 18000.00
MEDPARTNERS INC COM 58503X107 405 54000.00 SH SOLE 54000.00
MEDTRONIC INC COM COM 585055106 701 9000.00 SH SOLE 9000.00
MERCK & CO INC COM COM 589331107 10396141200.00 SH SOLE 95400.00 45800.00
MERRILL LYNCH & CO COM 590188108 12036151400.00 SH SOLE 102600.00 48800.00
METROCALL INC. COM 591647102 109 39500.00 SH SOLE 39500.00
MICROSOFT CORP COM COM 594918104 3409 37800.00 SH SOLE 37800.00
MILACRON INC COM 598709103 276 14906.00 SH SOLE 14100.00 806.00
MINNESOTA MINING & MFG. COM 604059105 7206 82890.00 SH SOLE 60100.00 22790.00
417 4800.00 SH OTHER 4800.00
MOBIL CORP COM COM 607059102 4798 48592.00 SH OTHER 48592.00
MONSANTO CO COM COM 611662107 5946150300.00 SH SOLE 109400.00 40900.00
396 10000.00 SH OTHER 10000.00
MORGAN STANLEY DEAN WITTER DIS COM 617446448 7502 73100.00 SH SOLE 40200.00 32900.00
1726 16814.00 SH OTHER 16814.00
MORRISON KNUDSEN CORPORATION N COM 61844A109 260 25200.00 SH SOLE 25200.00
MOTOROLA INC COM COM 620076109 758 8000.00 SH OTHER 8000.00
NALCO CHEM CO COM COM 629853102 207 4000.00 SH OTHER 4000.00
NAVISTAR INTL CORP NEW COM COM 63934E108 11360227209.00 SH SOLE 168000.00 59209.00
NETWORK APPLIANCE, INC COM 64120L104 559 10000.00 SH SOLE 10000.00
NEXTEL COMMUNICATIONS COM 65332V103 14168282300.00 SH SOLE 186800.00 95500.00
OFFICEMAX INC COM 67622M108 156 13000.00 SH SOLE 8700.00 4300.00
ORACLE SYSTEMS CORP COM 68389X105 12264330350.00 SH SOLE 193200.00 137150.00
OXFORD HEALTH PLANS COM 691471106 249 16000.00 SH SOLE 16000.00
PARKER DRILLING CO. COM 701081101 43 13000.00 SH SOLE 13000.00
PE BIOSYSTEMS GROUP COM 693325201 344 3000.00 SH SOLE 3000.00
PENNEY J C INC COM COM 708160106 6575135400.00 SH SOLE 98400.00 37000.00
PENNZOIL-QUAKER STATE COMPANY COM 709323109 340 22671.00 SH SOLE 22671.00
PFIZER INC COM 717081103 17124157100.00 SH SOLE 96700.00 60400.00
PHYCOR INC COM 71940F100 407 55000.00 SH SOLE 55000.00
PROCTER & GAMBLE CO COM 742718109 982 11000.00 SH SOLE 11000.00
PROVIDIAN CORP COM COM 74406A102 746 8000.00 SH SOLE 8000.00
QUALCOMM INC COM 747525103 17249120200.00 SH SOLE 77100.00 43100.00
QWEST COMMUN INTL COM 749121109 1058 32000.00 SH SOLE 32000.00
RALSTON PURINA CO COM RAL-PUR COM 751277302 3089101500.00 SH SOLE 73800.00 27700.00
REPUBLIC NEW YORK COM 760719104 8517124900.00 SH SOLE 90700.00 34200.00
REVLON, INC COM 761525500 212 7000.00 SH SOLE 7000.00
RITE AID CORP. COM 767754104 4982202300.00 SH SOLE 148100.00 54200.00
RYAN'S FAMOUS STEAK HOUSE COM 783519101 398 34200.00 SH SOLE 34200.00
SAFETY KLEEN CORP COM 78648R104 534 29450.00 SH SOLE 25700.00 3750.00
SAFEWAY INC NEW COM 786514208 896 18100.00 SH SOLE 18100.00
SAKS INC COM 79377W108 8154282400.00 SH SOLE 205500.00 76900.00
SARA LEE CORP COM 803111103 381 16800.00 SH OTHER 16800.00
SBC COMMUNICATIONS INC. COM 78387G103 6873118500.00 SH SOLE 60200.00 58300.00
SCHLUMBERGER LTD COM 806857108 6171 96900.00 SH SOLE 63600.00 33300.00
SEARS ROEBUCK & CO COM 812387108 960 21540.00 SH OTHER 21540.00
SERVICE CORP INTL COM 817565104 6774351900.00 SH SOLE 255500.00 96400.00
SOLECTRON CORP COM COM 834182107 1200 18000.00 SH SOLE 18000.00
SOUTHWEST AIRLS CO COM COM 844741108 2895 93000.00 SH SOLE 93000.00
SPRINT PCS GROUP COM 852061506 1140 20000.00 SH SOLE 20000.00
STANLEY WORKS COM 854616109 7155222300.00 SH SOLE 161200.00 61100.00
STARWOOD HOTELS & RESORTS COM 855905204 222 7267.00 SH OTHER 7267.00
STRIDE RITE CORP. COM 863314100 199 19300.00 SH SOLE 19300.00
SUN HEALTHCARE GROUP COM 866933104 13 35000.00 SH SOLE 35000.00
SUN MICROSYSTEMS COM 866810104 20818302252.00 SH SOLE 172900.00 129352.00
SYSCO CORP COM 871829107 891 29900.00 SH SOLE 29900.00
TEXACO CORP. COM 881694103 624 10000.00 SH SOLE 10000.00
TEXAS INSTRUMENTS COM 882508104 1656 11500.00 SH SOLE 11500.00
TIME WARNER INC COM 887315109 6362 87600.00 SH SOLE 38700.00 48900.00
TIMKEN CO COM 887389104 2970152300.00 SH SOLE 106500.00 45800.00
TYCO INTERNATIONAL LTD COM 902124106 2975 31400.00 SH SOLE 31400.00
TYSON FOODS COM 902494103 3355149100.00 SH SOLE 108700.00 40400.00
UNION PAC CORP COM 907818108 2332 40000.00 SH OTHER 40000.00
UNION PACIFIC RESOURCES GROUP COM 907834105 553 33878.00 SH OTHER 33878.00
UNITED TECHNOLOGIES CORP COM 913017109 2549 35400.00 SH SOLE 35400.00
UNOCAL CORP. COM 915289102 688 17352.00 SH OTHER 17352.00
US BANCORP DEL COM 902973106 3988119500.00 SH SOLE 86500.00 33000.00
VISTA EYECARE INC COM 928352103 39 10000.00 SH SOLE 10000.00
VODAFONE GROUP PLC SPONSORED A COM 92857T107 477 2421.00 SH OTHER 2421.00
WAL MART STORES INC COM 931142103 2142 44400.00 SH SOLE 44400.00
WALGREEN INC. COM 931422109 5734195200.00 SH SOLE 141000.00 54200.00
WARNER LAMBERT CO COM 934488107 995 14400.00 SH OTHER 14400.00
WASTE MANAGEMENT INC. COM 94106L109 2908 54100.00 SH SOLE 39400.00 14700.00
WHX CORP COM 929248102 85 13000.00 SH SOLE 13000.00
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