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007 C010600 6
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<PAGE> PAGE 2
011 C010001 NEW YORK
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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SIGNATURE GRACE TORRES
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
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<NAME> PRUDENTIAL EMERGING GROWTH FUND, INC. (CLASS B)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 243,647,995
<INVESTMENTS-AT-VALUE> 321,857,112
<RECEIVABLES> 7,215,835
<ASSETS-OTHER> 56,209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 329,129,156
<PAYABLE-FOR-SECURITIES> 13,960,197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,012,218
<TOTAL-LIABILITIES> 15,972,415
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 208,490,892
<SHARES-COMMON-STOCK> 16,590,755
<SHARES-COMMON-PRIOR> 12,012,259
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26,456,732
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78,209,117
<NET-ASSETS> 313,156,741
<DIVIDEND-INCOME> 278,100
<INTEREST-INCOME> 566,262
<OTHER-INCOME> 0
<EXPENSES-NET> 3,480,506
<NET-INVESTMENT-INCOME> (2,636,144)
<REALIZED-GAINS-CURRENT> 30,331,339
<APPREC-INCREASE-CURRENT> 62,358,936
<NET-CHANGE-FROM-OPS> 90,054,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3,425,138)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 182,256,028
<NUMBER-OF-SHARES-REDEEMED> (83,825,537)
<SHARES-REINVESTED> 3,294,708
<NET-CHANGE-IN-ASSETS> 188,354,192
<ACCUMULATED-NII-PRIOR> (1,135,512)
<ACCUMULATED-GAINS-PRIOR> 23,172,213
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,202,452
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,480,506
<AVERAGE-NET-ASSETS> 127,249,000
<PER-SHARE-NAV-BEGIN> 11.83
<PER-SHARE-NII> (0.24)
<PER-SHARE-GAIN-APPREC> 7.46
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.33)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.72
<EXPENSE-RATIO> 1.97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001022624
<NAME> PRUDENTIAL EMERGING GROWTH FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> PRUDENTIAL EMERGING GROWTH FUND, INC. (CLASS C)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 243,647,995
<INVESTMENTS-AT-VALUE> 321,857,112
<RECEIVABLES> 7,215,835
<ASSETS-OTHER> 56,209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 329,129,156
<PAYABLE-FOR-SECURITIES> 13,960,197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,012,218
<TOTAL-LIABILITIES> 15,972,415
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 208,490,892
<SHARES-COMMON-STOCK> 16,590,755
<SHARES-COMMON-PRIOR> 12,012,259
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26,456,732
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78,209,117
<NET-ASSETS> 313,156,741
<DIVIDEND-INCOME> 278,100
<INTEREST-INCOME> 566,262
<OTHER-INCOME> 0
<EXPENSES-NET> 3,480,506
<NET-INVESTMENT-INCOME> (2,636,144)
<REALIZED-GAINS-CURRENT> 30,331,339
<APPREC-INCREASE-CURRENT> 62,358,936
<NET-CHANGE-FROM-OPS> 90,054,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3,425,138)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 182,256,028
<NUMBER-OF-SHARES-REDEEMED> (83,825,537)
<SHARES-REINVESTED> 3,294,708
<NET-CHANGE-IN-ASSETS> 188,354,192
<ACCUMULATED-NII-PRIOR> (1,135,512)
<ACCUMULATED-GAINS-PRIOR> 23,172,213
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,202,452
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,480,506
<AVERAGE-NET-ASSETS> 12,380,000
<PER-SHARE-NAV-BEGIN> 11.83
<PER-SHARE-NII> (0.24)
<PER-SHARE-GAIN-APPREC> 7.46
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.33)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.72
<EXPENSE-RATIO> 1.97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001022624
<NAME> PRUDENTIAL EMERGING GROWTH FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> PRUDENTIAL EMERGING GROWTH FUND, INC. (CLASS Z)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 243,647,995
<INVESTMENTS-AT-VALUE> 321,857,112
<RECEIVABLES> 7,215,835
<ASSETS-OTHER> 56,209
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 329,129,156
<PAYABLE-FOR-SECURITIES> 13,960,197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,012,218
<TOTAL-LIABILITIES> 15,972,415
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 208,490,892
<SHARES-COMMON-STOCK> 16,590,755
<SHARES-COMMON-PRIOR> 12,012,259
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26,456,732
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78,209,117
<NET-ASSETS> 313,156,741
<DIVIDEND-INCOME> 278,100
<INTEREST-INCOME> 566,262
<OTHER-INCOME> 0
<EXPENSES-NET> 3,480,506
<NET-INVESTMENT-INCOME> (2,636,144)
<REALIZED-GAINS-CURRENT> 30,331,339
<APPREC-INCREASE-CURRENT> 62,358,936
<NET-CHANGE-FROM-OPS> 90,054,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3,425,138)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 182,256,028
<NUMBER-OF-SHARES-REDEEMED> (83,825,537)
<SHARES-REINVESTED> 3,294,708
<NET-CHANGE-IN-ASSETS> 188,354,192
<ACCUMULATED-NII-PRIOR> (1,135,512)
<ACCUMULATED-GAINS-PRIOR> 23,172,213
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,202,452
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,480,506
<AVERAGE-NET-ASSETS> 7,796,000
<PER-SHARE-NAV-BEGIN> 12.06
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 7.64
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.33)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.28
<EXPENSE-RATIO> 0.97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
To the Shareholders and Board of Directors of
Prudential Emerging Growth Fund, Inc.
(2)
Report of Independent Accountants
To the Shareholders and Board of Directors of
Prudential Emerging Growth Fund, Inc.
In planning and performing our audit of the
financial statements of Prudential Emerging
Growth Fund, Inc. (the "Fund") for the year
ended October 31, 1999, we considered its
internal control, including control
activities for safeguarding securities, in
order to determine our auditing procedures
for the purpose of expressing our opinion on
the financial statements and to comply with
the requirements of Form N-SAR, not to
provide assurance on internal control.
The management of the Fund is responsible for
establishing and maintaining internal
control. In fulfilling this responsibility,
estimates and judgments by management are
required to assess the expected benefits and
related costs of controls. Generally,
controls that are relevant to an audit
pertain to the entity's objective of
preparing financial statements for external
purposes that are fairly presented in
conformity with generally accepted accounting
principles. Those controls include the
safeguarding of assets against unauthorized
acquisition, use or disposition.
Because of inherent limitations in internal
control, errors or fraud may occur and not be
detected. Also, projection of any evaluation
of internal control to future periods is
subject to the risk that controls may become
inadequate because of changes in conditions
or that the effectiveness of the design and
operation may deteriorate.
Our consideration of internal control would
not necessarily disclose all matters in
internal control that might be material
weaknesses under standards established by the
American Institute of Certified Public
Accountants. A material weakness is a
condition in which the design or operation of
one or more of the internal control
components does not reduce to a relatively
low level the risk that misstatements caused
by error or fraud in amounts that would be
material in relation to the financial
statements being audited may occur and not be
detected within a timely period by employees
in the normal course of performing their
assigned functions. However, we noted no
matters involving internal control and its
operation, including controls for
safeguarding securities, that we consider to
be material weaknesses as defined above as of
October 31, 1999.
This report is intended solely for the
information and use of the Board of
Directors, management and the Securities and
Exchange Commission and is not intended to be
and should not be used by anyone other than
these specified parties.
PricewaterhouseCoopers LLP
December 20, 1999
For the fiscal year ended October 31, 1999
File number : 811-07811
SUB-ITEM 77-0
EXHIBITS
Transactions Effected Pursuant to
Rule 10f-3
I.
1. Name of Issuer
Fox Entertainment
2. Date of Purchase
11/10/98
3. Number of Securities Purchased
22,100
4. Dollar Amount of Purchase
$497,250
5. Price Per Unit
$22.50
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Merrill Lynch, Pierce, Fenner & Smith,
Inc.
7. Other members of the Underwriting
Syndicate:
Merrill Lynch, Pierce, Fenner & Smith,
Inc.
Allen & Company Incorporated
Goldman, Sachs & Co.
Morgan Stanley & Co. Incorporated
Bear, Sterns & Co. Inc.
Donaldson, Lufkin & Jenrette Securities
Corporation
J.P. Morgan Securities Inc.
Nationsbanc Montgomery Securities LLC
Salomon Smith Barney Inc.
ABN AMRO Incorporated
BT Alex. Brown Incorporated
Credit Lyonnais Securities (USA) Inc.
Credit Suisse First Boston Corporation
A.G. Edwards & Sons, Inc.
ING Barings Furman Selz LLC
Lazard Freres & Co. LLC
Lehman Brothers Inc.
PaineWebber Incorporated
Prudential Securities Incorporated
Schroder & Co. Inc.
TD Securities (USA) Inc.
Warburg dillion Read LLC
Wasserstein Perella Securities, Inc.
SanfordC. Bernstein & Co., Inc.
Blaylock & Partners
Chatsworth Securities LLC
Crowell, Weedon & Co.
Dain Rauscher Incorporated
Doley Securities, Inc.
Gerard Klauer Mattison & Co., Inc.
Guzman & Company
Interstate/Johnson Lane Corporation
Janney Montgomery Scott Inc.
Legg Mason Wood Walker
May, Davis Group Inc.
Neuberger Berman, LLC
Pryor, McClendon, Counts & Co.
Raymond James & Associates, Inc.
The Robinson-Humphrey Company, LLC
Sands Brothers & Co., Ltd.
Tucker Anthony Incorporated
Utendahl Capital Partners
Wheat First Securities, Inc.
II.
1. Name of Issuer
Perotsystems.
2. Date of Purchase
2/1/1999
3. Number of Securities Purchased
6,300
4. Dollar Amount of Purchase
$100,800
5. Price Per Unit
$16.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Morgan Stanley
7. Other members of the Underwriting
Syndicate:
Morgan Stanley & Co. Incorporated
Merrill Lynch, Pierce, Fenner & Smith,
Inc.
Warburg Dillon Read LLC
Prudential Securities Incorporated
Bear, Sterns & Co. Inc.
Hambrecht & Quist LLC
III.
1. Name of Issuer
Nvidia
2. Date of Purchase
1/21/1999
3. Number of Securities Purchased
6,300
4. Dollar Amount of Purchase
$75, 600
5. Price Per Unit
$12.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Morgan Stanley
7. Other members of the Underwriting
Syndicate:
Morgan Stanley & Co.
Prudential Securities Incorporated
Hambrecht & Quist LLC
IV.
1. Name of Issuer
Prodigy
2. Date of Purchase
2/10/1999
3. Number of Securities Purchased
16,000
4. Dollar Amount of Purchase
$240,000
5. Price Per Unit
$15.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Bear, Stearns & Co., Inc.
7. Other members of the Underwriting
Syndicate:
BancBoston Robertson Stephens
Prudential Securities Incorporated
ING Baring Furman Selz LLC
Volpe Brown Whelan & Company
Wit Capital Corporation
BT Alex Brown Inc.
CIBC Oppenheimer Corp.
Donaldson, Lufkin & Jenrette Securities
Goldman, Sachs & Co.
Morgan Stanley & Co., Inc.
SG Cowen Securities Corporation
Wasserstein Perella Securities, Inc.
Warburg Dillon Read LLC
Allen & Company Inc.
Axiom Partners, Inc.
J.C. Bradford & Co.
Chatsworth Securities LLC
Gruntal & Co., Inc.
Jefferies & Company
JW Genesis Capital Markets LLC
Ladenburg Thalmann & Co., Inc.
Leerink Swann & Company
Needham & Company, Inc.
The Robinson-Humphrey Company, LLC
Stanford Group Company
C.F. Unterberg, Tourbin
First Union Capital Market Corp.
V.
1. Name of Issuer
Global Telesystems
2. Date of Purchase
4/19/1999
3. Number of Securities Purchased
23,100
4. Dollar Amount of Purchase
$1,328,250
5. Price Per Unit
$57.50
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Merrill Lynch
7. Other members of the Underwriting
Syndicate:
Merrill Lynch, Pierce, Fenner & Smith,
Inc.
Donaldson, Lufkin & Jenrette Securities
Corporation
Bear, Sterns & Co. Inc.
BT Alex. Brown Incorporated
Lehman Brothers Inc.
Prudential Securities Incorporated
Arnhold and S. Bleichroeder, Inc.
VI.
1. Name of Issuer
RCN Corp.
2. Date of Purchase
5/26/1999
3. Number of Securities Purchased
39,600
4. Dollar Amount of Purchase
$1,544,400
5. Price Per Unit
$39.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Salomon Smith Barney
7. Other members of the Underwriting
Syndicate:
Salomon Smith Barney Inc.
Merrill Lynch, Pierce, Fenner & Smith
Morgan Stanley & Co.
Donaldson, Lufkin & Jenrette Securities
Corporation
First Union Capital Markets Corp.
Prudential Securities Incorporated
NationsBanc Montgomery Securities LLC
Deutsche Bank Securities Inc.
Chase Securities Inc.
VII.
1. Name of Issuer
DLJ Direct
2. Date of Purchase
5/25/1999
3. Number of Securities Purchased
11,900
4. Dollar Amount of Purchase
$238,000
5. Price Per Unit
$20.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Donaldson, Lufkin & Jenrette
7. Other members of the Underwriting
Syndicate:
Donaldson, Lufkin & Jenrette Securities
Corporation
DLJdirect Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Merrill Lynch, Pierce, Fenner & Smith
Morgan Stanley & Co.
Salomon Smith Barney Inc.
ABN AMRO Incorporated
BancBoston Robertson Stephens
Bear, Stearns & Co. Inc.
Sanford C. Bernstein & Co., Inc.
CIBC World Markets Corp.
Credit Suisse First Boston Corporation
Deutsche Bank Securities
A.G. Edwards & Sons, Inc.
Hambrecht & Quist LLC
Lehman Brothers Inc.
J.P. Morgan Securities & Co.
PaineWebber Incorporated
Prudential Securities
Warburg Dillon Read Inc.
Schroder & Co. Inc.
Thomas Weisel Partners LLC
Gruntal & Co., LLC
Pennsylvania Merchant Group
Sands Brothers & Co., Ltd.
Advest, Inc.
Anderson & Strudwick Inc.
Asiel & Co.LLC
Robert W. Baird & Co.
George K. Baum & Company
M.R. Beale & Company
Bernard Herold & Co., Inc.
William Blair & Company
Blackford Securities Corporation
J.C. Bradford & Co.
Capital International Securities Group,
Inc.
The Chapman Company
Chatsworth Securities, LLC
Tucker Anthony Cleary Gull
Coburn & Meredith Inc.
Conning & Company
Crowell, Weedon & Co.
Dominick & Dominick Inc.
EVEREN Securities, Inc.
Fahnestock & Co. Inc.
FAC/EQUITIES
Ferris, Baker Watts, Incorporated
First Union Capital Markets Corp.
Wachovia Securities, Inc.
Janney Montgomery Scott Inc.
Johnston, Lemon & Co.
Keefe, Bruyette & Woods, Inc.
C.L. King & Associates, Inc.
Ladenburg Thalmann & Co. Inc.
Laidlaw Global Securities, Inc.
Lebenthal & Co., Inc.
Legg Mason Wood Walker
McDonald Investments Inc.
Middlegate Securities, Ltd.
Nathan & Lewis Securities, Inc.
Noble Investment Co.
Nutmeg Securities
Parker/Hunter Incorporated
U.S. Bancorp Piper Jaffray Inc.
Putnam, Lovell, DeGuardiola & Thornton
Inc.
Ragen Mackenzie Incorporated
Raymond James & Associates, Inc.
Redwine & Company Inc.
Roney Capital Markets
Royce Investment Group, Inc.
Ryan, Beck & Co.
Sanders Morris Mundy
Santander Securities
Scott & Stringfellow, Inc.
Stephens Inc.
Sutro & Co. Incorporated
C.E. Unterburg, Towbin
Weeden & Co.
Wiley Brothers, Inc.
B.C. Ziegler and Company
VIII.
1. Name of Issuer
Ravisent Technologies
2. Date of Purchase
7/15/1999
3. Number of Securities Purchased
3,300
4. Dollar Amount of Purchase
$39,600
5. Price Per Unit
$12.00
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Bear Sterns
7. Other members of the Underwriting
Syndicate:
Bear, Sterns & Co. Inc.
SG Cowen Securities Corporation
Banc of America Securities LLC
BancBoston Robertson Stephens Inc.
Deutsche bank Securities Inc.
Donaldson, Lufkin & Jenrette Securities
Corporation
Hambrecht & Quist LLC
ING Barings Furman Selz LLC
Merrill Lynch, Pierce, Fenner & Smith,
Inc.
Morgan Stanley & Co. Incorporated
J.P. Morgan Securities Inc.
Prudential Securities Incorporated
Warburg Dillon Read LLC
Advest, Inc.
Gerard Klauer Mattison & Co., Inc.
Janney Montgomery Scott Inc.
Legg Mason Wood Walker, Incorporated
Needham & Company, Inc.
Northeast Securities, Inc.
Pacific Crest Securities Inc.
Parker/Hunter Incorporated
Pennsylvania Merchant Group
Preferred Capital Markets, Inc.
Raymond James & Associates, Inc.
SoundView Technology Group, Inc.
Stanford Group Company
T:\george\N-SAR\EGF\12-99\77O.doc
Growth Fund, Inc.
For the Annual period ended 10/31/99
File number 811-11785
SUB-ITEM 77J
Reclassification of Capital Accounts
The Fund accounts and reports for
distributions to shareholders in accordance
with the American Institute of Certified
Public Accountants' Statement of Position 93-
2: Determination, Disclosure, and Financial
Statement Presentation of Income, Capital
Gain, and Return of Capital Distributions by
Investment Companies. The effect of applying
this statement was to increase undistributed
net investment income by $2,636,144, decrease
accumulated net realized gain on investments
by $3,294,085 and increase paid-in capital by
$657,941 due to the Fund experiencing net
operating losses and redemptions utilized as
distributions for federal income tax purposes
during the fiscal year ended October 31,
1999. Net investment income, net realized
gains and net assets were not affected by
this change.
