Name of Issuer- Global Capital Patners Inc.
Title of Class of securities-Common Stock
Cusip number-37931J104
Name, address and telephone number of person authorized to
receive notices and communications-
Raborn & Co., Inc.
Douglas Raborn
777 East Atlantic Avenue, Suite 301
Delray Beach, FL 33483
561-278-5555
Date of event which requires filing of this statement-
June 30,2000
if the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13D-
1(b)(3) or (4), check the following area
check the following area if a fee is being paid with the
statement [ ].
(A fee is not required only if the reporting person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent there to reporting
beneficial ownership of five percent or less of such class.)
1. Name of reporting person, SS or IRS identification no. of
above person-Raborn & Co., Inc. #65-0022112
2. Check the appropriate area if a member of a group-
(a) [ ] (b) [ ]
N/A
3. Sec use only-
4. Source of funds - Client investment portfolios
5. Check area if disclosure of legal proceedings is required
pursuant to items 2(d) or 2(e) - [ ]
6. Citizenship of place of organization - Delray Beach, FL, USA
7. Sole voting power - N/A
8. Shared voting power - N/A
9. Sole Dispositive power -590,975
10. Shared dispostive power - N/A
11. Aggregate amount specifically owned by each reporting person-
590,975
12. check are if aggregate amount in row (11) excludes certain
shares - N/A
13. Percent of class represented by amount in row (11) -5%
14. Type of reporting person - Investment advisor
ITEM 1. SECURITY AND ISSUER.
This Statement relates to the common stock, ("Common Stock"),
of Global Capital Partners. (the "Issuer").. The principal executive offices
of the Issuer are located at 600 Fairvew Road,Charlotte, NC 28210
ITEM 2. IDENTITY AND BACKGROUND.
(a), (b) and ( c ). The person filing this Statement is Douglas K Raborn.
Present principal name is Raborn & Co., Inc..Business address is
777 East Atlantic Ave,
Ste 301, Delray Beach, FL 33483.
(d) and (e) . During the last five years Douglas K Raborn, has not
been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors). Or has
he been a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction as a result of which they were or are
subject to a judgment, decree of final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state
securities laws or finding any violations with respect to such laws.
(f) Douglas K Raborn is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATIONS.
Raborn & Co., Inc purchased 590,975 shares of Common Stock of the
Issuer in open
market transactions. No part of the purchase price is represented by
funds or other consideration borrowed or otherwise obtained for the
purpose of acquiring, holding, trading or voting the Common Stock.
No source of funds is a loan made in the ordinary course of
business by a bank, as defined in Section 3(a) (6)
of the Act. The amount of funds used in making the purchases is set
forth in ITEM 5.
ITEM 4. PURPOSE OF TRANSACTION.
Raborn & Co., acquired the shares of Common Stock in the ordinary course of
business for investment purposes only.
Except as aforesaid, Raborn & Co., do not have any plans or proposals
which relate
to or would result in:
(a) the acquisition by any person of additional securities
of the issuer or the
disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger,
reorganization or
liquidation, involving the Issuer or any of its subsidiaries;
( c ) a sale or transfer of a material amount of
assets of the Issuer or any of its
subsidiaries;
(d) any change in the present board of directors or management of the Issuer,
including any plans or proposals to change the number or
term of directors or to fill any existing vacancies
on the board;
(e) any material change in the present capitalization
or dividend policy of the Issuer;
(f) any other material change in the present capitalization
or dividend policy of the
Issuer;
(g) any changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of
control of the Issuer by any person;
(h) causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system
of a registered national securities association;
( I ) a class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g) (4) of the Act;
( j ) any action similar to any of those enumerated in (a) through (I )
above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER .
(a) As of the date of this statement,
Raborn & Co., beneficially own 590,975 shares
of the Common Stock of the Issuer, representing
approximately 5.0% of the number of shares of
Common Stock of the Issuer currently outstanding.
To the best knowledge of Raborn & Co., none of ,
nor any officer or director
of Raborn & Co., beneficially owns any other shares of
Common Stock of the Issuer.
(b) Raborn & Co., have sole voting and dispositive power
with respect to the 590,975 shares of Common Stock of the Issuer.
( c) Expect for the purchase of the securities reported above, to the
best knowledge of Raborn & Co., , none of , nor any officer
or directed of Raborn & Co., has effected any
transactions in the Common Stock during the past 60 days.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
SIGNATURE
After due inquiry, to the best of our knowledge and belief, we
certify that the information set forth
in this statement is true, complete and correct.
Dated June 30, 2000
By: Raborn & Co., Inc.
its CEO Douglas K Raborn
By: /s/ Douglas K Raborn , CEO
