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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended March 31, 1999.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: |_|
MATRIX ASSET ADVISORS, INC.
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Name of Institutional Investment Manager
747 Third Avenue NEW YORK NY 10017
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Business Address (Street) (City) (State) (Zip)
CRAIG ALLEN SKOLNICK 212-486-2008 VICE PRESIDENT
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Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ------------------------------------ATTENTION-----------------------------------
Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered 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.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of NEW YORK and State of NY on the 14th day of May,
1999.
MATRIX ASSET ADVISORS, INC.
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(Name of Institutional Investment Manager)
/s/ CRAIG ALLEN SKOLNICK
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(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
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1. 6.
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2. 7.
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3. 8.
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4. 9.
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5. 10.
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SEC 1685 (5/91)
<PAGE>
FORM 13F
INFORMATION TABLE
PAGE 1
<TABLE>
<CAPTION>
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FORM 13F INFORMATION TABLE
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
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>
3 Com Corp. COM 885535104 1208 51800 SH SOLE 5900 45900
AT&T COM 001957109 718 9002 SH SOLE 200 8802
Abbott Laboratories COM 002824100 354 7560 SH SOLE 7560
Aetna Inc. COM 008117103 6799 81919 SH SOLE 7150 74769
AirTouch Communications, Inc. COM 00949T100 215 2226 SH SOLE 2226
Alcatel SA COM 013904305 4648 203755 SH SOLE 16400 187355
America Online COM 02364J104 529 3600 SH SOLE 3600
American Express Co. COM 025816109 7545 64080 SH SOLE 1025 63055
American Home Products, Inc. COM 026609107 1608 24645 SH SOLE 24645
American International Group I COM 026874107 325 2692 SH SOLE 2692
American Oncology COM 028910107 136 15100 SH SOLE 15100
Ameritech COM 030954101 225 3896 SH SOLE 3896
Ametek, Inc. COM 031100100 292 16000 SH SOLE 16000
Amgen COM 031162100 300 4000 SH SOLE 4000
Arrow Electronics COM 042735100 4276 285050 SH SOLE 21200 263850
Associated Group - Class B COM 045907102 437 9000 SH SOLE 9000
Atlantic Richfield Co. COM 048825103 413 5650 SH SOLE 5650
Banctec Inc. COM 059784108 2834 230175 SH SOLE 8200 221975
Bancwest Corp. COM 059790105 444 10450 SH SOLE 10450
Bank One Corporation COM 06423a103 268 4870 SH SOLE 150 4720
Bank of America Corp. COM 06605F102 6161 87232 SH SOLE 6500 80732
Bank of New York COM 064057102 391 10870 SH SOLE 10870
Bausch & Lomb COM 071707103 8967 137960 SH SOLE 10350 127610
Baxter Int'l Inc. COM 071813109 214 3240 SH SOLE 300 2940
Beckman Coulter, Inc. COM 075816108 872 19710 SH SOLE 1400 18310
Becton, Dickinson & Co. COM 075887109 513 13400 SH SOLE 13400
Bell Atlantic Corp. COM 077853109 2865 55436 SH SOLE 55436
Bellsouth Corp. COM 079860102 406 10124 SH SOLE 10124
Belvedere Resources, Ltd. COM 080903107 12 10000 SH SOLE 10000
Bristol-Myers COM 110122108 7692 119956 SH SOLE 6200 113756
Browning-Ferris Inds. COM 115885105 386 10000 SH SOLE 10000
Carey International COM 141750109 193 11900 SH SOLE 11900
Carmike Cinemas COM 143436103 1641 90850 SH SOLE 3850 87000
Century Telephone Enterprises COM 156686107 200 2850 SH SOLE 2850
Chase Manahattan Corp. COM 16161A108 267 3282 SH SOLE 3282
Chubb Corp. COM 171232101 352 6014 SH SOLE 6014
Circus Circus Enterprises COM 172909103 2216 126175 SH SOLE 10850 115325
Cisco Systems Inc COM 17275R102 268 2450 SH SOLE 2450
Citigroup COM 172967101 392 6130 SH SOLE 6130
Coca Cola COM 191216100 1634 26630 SH SOLE 26630
Colgate Palmolive Co COM 194162103 223 2425 SH SOLE 2425
Comerica Bank COM 200340107 3109 49795 SH SOLE 49795
Compaq Computer COM 204493100 191 6038 SH SOLE 6038
Computer Associates COM 204912109 1558 43817 SH SOLE 925 42892
Consolidated Edison, Inc. COM 209115104 245 5400 SH SOLE 5400
Cooper Tire & Rubber COM 216831107 5416 294775 SH SOLE 27750 267025
Designs Inc. COM 25057L102 461 245750 SH SOLE 27100 218650
Dow Chemical COM 260543103 324 3476 SH SOLE 3476
E.I. duPont de Nemours & Co. COM 263534109 347 5974 SH SOLE 5974
Eastman Kodak, Co. COM 277461109 7421 116174 SH SOLE 9600 106574
Electronic Data Systems COM 285661104 7659 157316 SH SOLE 15650 141666
Eskimo Pie Corporation COM 296443104 1007 141400 SH SOLE 10700 130700
Exxon Corporation COM 302290101 2259 32011 SH SOLE 32011
Federal Natl. Mortgage Assn. COM 313586109 1340 19353 SH SOLE 800 18553
First Data Corp. COM 319963104 10469 244900 SH SOLE 23000 221900
Foundation Health Systems COM 350404109 1660 136177 SH SOLE 18200 117977
Frontier Corp. COM 35906P105 18008 347150 SH SOLE 26100 321050
GPU Inc. COM 36225X100 280 7505 SH SOLE 7505
GTE Corp. COM 362320103 944 15610 SH SOLE 15610
General Electric Co. COM 369604103 4301 38876 SH SOLE 38876
Golden West Financial COM 381317106 1347 14100 SH SOLE 125 13975
Hewlett-Packard Inc. COM 428236103 371 5475 SH SOLE 500 4975
Hon Industries COM 438092108 440 20050 SH SOLE 1000 19050
Hybridon Inc. COM 44860m801 52 43579 SH SOLE 43579
Intel Corporation COM 458140100 544 4574 SH SOLE 4574
International Business Machine COM 459200101 1467 8276 SH SOLE 8276
J P Morgan Co. COM 616880100 1522 12338 SH SOLE 2950 9388
John Nuveen Co. Cl. A COM 478035108 421 10050 SH SOLE 10050
Johnson & Johnson COM 478160104 636 6805 SH SOLE 6805
LAM Research Corp. COM 512807108 2851 98300 SH SOLE 12700 85600
Lone Star Steakhouse & Saloon COM 542307103 2098 204675 SH SOLE 30000 174675
Lucent Technologies COM 549463107 603 5581 SH SOLE 128 5453
MIM Corp. COM 553044108 28 12000 SH SOLE 12000
Mahoning National Bancorporati COM 560090102 249 9100 SH SOLE 9100
Manpower Inc. COM 56418H100 2169 92800 SH SOLE 4550 88250
Mark IV Industries Inc. COM 570387100 4992 384001 SH SOLE 31205 352796
Mattel Inc. COM 577081102 3825 153375 SH SOLE 10700 142675
Maxcor Financial Group COM 57772G100 25 20000 SH SOLE 20000
Mellon Bank Corp. COM 585509102 282 4000 SH SOLE 4000
Merck & Co., Inc. COM 589331107 4186 52238 SH SOLE 52238
Merrill Lynch & Co. COM 590188108 304 3430 SH SOLE 400 3030
Microsoft Corporation COM 594918104 488 5444 SH SOLE 5444
Mobil Corp. COM 607059102 241 2736 SH SOLE 2736
Motorola Inc COM 620076109 6779 92550 SH SOLE 6475 86075
Novellus Systems COM 670008101 3311 60055 SH SOLE 3950 56105
O'Sullivan Industries COM 688609106 9463 685100 SH SOLE 57100 628000
Olsten Corp. COM 681385100 2910 470277 SH SOLE 40250 430027
Orthodontix Inc. COM 68750q101 38 38000 SH SOLE 38000
Outback Steakhouse COM 689899102 297 9075 SH SOLE 1200 7875
Pepsico, Inc. COM 713448108 226 5771 SH SOLE 5771
Pfizer, Inc. COM 717081103 413 2980 SH SOLE 2980
Pharmacia/Upjohn COM 716941109 8653 138730 SH SOLE 11550 127180
Philip Morris Co., Inc. COM 718154107 5150 146345 SH SOLE 13150 133195
Polaroid Inc. COM 731095105 5092 252234 SH SOLE 18700 233534
Procter & Gamble Co COM 742718109 476 4862 SH SOLE 4862
Public Svc. Elec & Gas COM 744573106 264 6902 SH SOLE 6902
SLM Holding Corp. COM 78442A109 6641 159065 SH SOLE 12650 146415
Schering Plough COM 806605101 206 3736 SH SOLE 3736
Schlumberger Ltd. COM 806857108 4748 78895 SH SOLE 5625 73270
Sensormatic Electronics COM 817265101 6972 733905 SH SOLE 45800 688105
Shaw Industries COM 820286102 7378 398837 SH SOLE 30200 368637
SpaceLabs Medical COM 846247104 6504 386850 SH SOLE 29150 357700
Sprint Corp. (Fon Group) COM 852061100 210 2139 SH SOLE 2139
St. Jude Medical Inc. COM 790849103 6710 275265 SH SOLE 24500 250765
Sun Microsystems Inc. COM 866810104 263 2100 SH SOLE 2100
Teamstaff Inc. COM 87815u105 15 15000 SH SOLE 15000
Teva Pharma Inds ADR COM 881624209 2168 45700 SH SOLE 5950 39750
Time Warner COM 887315109 227 3200 SH SOLE 3200
Toys "R" Us COM 892335100 4179 222155 SH SOLE 21150 201005
Tupperware Corp. COM 899896104 3678 204310 SH SOLE 25250 179060
Unifi, Inc. COM 904677101 1600 125500 SH SOLE 11500 114000
United Community Financial COM 909839102 187 15887 SH SOLE 15887
United Healthcare COM 910581107 366 6950 SH SOLE 6950
Vimrx Pharmaceuticals COM 927186106 17 15200 SH SOLE 15200
Vishay Intertechnology COM 928298108 6925 477569 SH SOLE 40200 437369
Wachovia Corp. COM 929771103 1379 16985 SH SOLE 16985
Wal-Mart Stores, Inc. COM 931142103 419 4540 SH SOLE 4540
Walt Disney Company COM 254687106 239 7675 SH SOLE 7675
Warner-Lambert Company COM 934488107 577 8705 SH SOLE 8705
Washington Gas Light COM 938837101 398 17600 SH SOLE 17600
Wilmington Trust COM 971807102 2953 51700 SH SOLE 4150 47550
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TOTAL 273,607
</TABLE>
