FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13 (f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D.C. 20524
Report of the Calendar Quarter Ending March 31, 1999
If amended report check here:____
Name of Institutional Investment Manager:
Granahan Investment Management, Inc. S.E.C. File Number 28-5876
Business Address:
275 Wyman Street Suite 270 Waltham MA 02451
Street Suite # City State Zip
Name, Phone no. and Title of Person Duly Authorized to Submit this Report:
John J. Granahan, President (781)890-4412
ATTENTION - Intentional misstatements of omissions of facts constitute Federal
Criminal Violations. Sec 18 U.S.C. 1991 and 15 U.S.C. 78 ff(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 Waltham and State of Massachusetts on the 13th day of
May, 1999.
Granahan Investment Management, Inc.
(Name of Institutional Investment Mgr.)
________________________________
By: John J. Granahan, President
Item 6
For all Securities: Sole Investment Discretion
Item 7
Name and 13F file numbers of ALL Institutional Investment Manager with respect
to which this schedule is filed (other than the one filing this report) (List
in alphabetical order).
NONE
<TABLE>
Granahan Investment Management
March 31, 1999
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7
Title of Mkt Val
Name of Issuer Class Cusip (x$1000) Quantity Sole None
<S> <C> <C> <C> <C> <C> <C>
ABGENIX, INC Common 00339B107 1689 111,700 7,000 104,700
ACTION PERF Common 004933107 12954 430,000 3,500 426,500
ACUSON Common 005113105 4814 322,300 322,300
ACXIOM Common 005125109 21150 798,100 9,500 788,600
ADVENT SOFTWARE Common 007974108 6750 135,000 500 134,500
AMER HOMESTAR Common 026651109 5874 803,220 803,220
AMER ITALN PASTA Common 027070101 4593 183,700 4,000 179,700
AMERN PWR CONVN Common 029066107 19594 725,700 3,500 722,200
AMES DEPT STORE Common 030789507 19355 521,350 6,000 515,350
ARROW INT'L Common 042764100 15333 711,100 5,000 706,100
ASPECT DEV Common 045234101 7742 333,000 4,500 328,500
AVANT Common 053487104 19529 1,100,200 6,500 1,093,700
AVIRON Common 053762100 4860 240,000 240,000
AWARE Common 05453N100 353 7,500 7,500
AXENT TECH Common 05459C108 1025 42,600 2,500 40,100
BEI TECHNOLOGIES Common 05538P104 1233 114,700 7,500 107,200
BEVERLY ENTER Common 087851309 2153 420,000 420,000
BIOGEN Common 090597105 40107 350,850 1,500 349,350
BJ'S WHOLESALE Common 05548J106 32977 1,253,300 6,000 1,247,300
BROADVISION INC Common 111412102 12344 206,600 1,500 205,100
CAERE Common 127646107 6500 619,000 7,500 611,500
CEC ENTERTAIN Common 125137109 18859 525,700 4,000 521,700
CELL GENESYS INC Common 150921104 3538 716,600 14,500 702,100
CENTOCOR Common 152342101 17649 477,800 3,000 474,800
CH ROBINSON Common 12541W100 7695 302,500 2,500 300,000
CHAMP AUTO RACG Common 158711101 839 28,800 1,500 27,300
CHERRY CORP Common 164541203 5463 404,700 404,700
CHIEFTAIN INT'L Common 16867C101 4671 381,300 5,500 375,800
COMPUTER NETWORK Common 204925101 5934 368,000 6,500 361,500
CONCORD EFS Common 206197105 17218 624,674 5,625 619,049
CORE LABS Common n22717107 9752 553,300 5,500 547,800
CORRPRO Common 220317101 1701 149,500 8,500 141,000
COVENANT TRANS Common 22284P105 7528 506,100 9,000 497,100
CSG SYSTEMS Common 126349109 6403 162,350 1,000 161,350
CUNO, INC. Common 126583103 5362 383,000 4,500 378,500
DEL GLOBAL Common 245073101 1095 127,000 6,500 120,500
DENTSPLY Common 249030107 16435 706,900 8,000 698,900
DONALDSON Common 257651109 4140 230,000 230,000
DOVER DOWNS Common 260086103 14914 962,200 9,200 953,000
DRESS BARN Common 261570105 11545 832,100 832,100
ELCOR Common 284443108 16981 482,600 3,500 479,100
EXCHANGE APPLIC Common 300867108 10429 415,100 6,000 409,100
FAIRFIELD COMM Common 304231301 3155 353,000 353,000
FAMILY GOLF Common 30701A106 1183 159,000 9,500 149,500
FEDERAL REALTY Common 313747206 6356 300,000 300,000
FIDELITY NATL Common 316326107 9702 646,820 5,700 641,120
FIRST WASHINGTON Common 337489504 8558 399,200 7,000 392,200
FOREST LABS Common 345838106 17927 318,000 2,500 315,500
GENERAL CABLE Common 369300108 8679 821,650 5,000 816,650
GENESYS TELECOM Common 371931106 6492 431,000 4,500 426,500
GENZYME Common 372917104 22445 445,000 2,000 443,000
GEOTEL Common 373656107 1720 37,500 2,000 35,500
GYMBOREE Common 403777105 402 45,000 45,000
HAVERTY FURNIT Common 419596101 2690 106,000 5,800 100,200
HEARTLAND EXPR Common 422347104 14208 935,534 9,500 926,034
I T I TECH Common 450564109 13386 446,200 3,000 443,200
INVESTMENT TECH Common 461450108 21493 423,500 4,000 419,500
INVISION TECH Common 461851107 1133 216,500 216,500
JASON Common 471171108 1853 218,000 11,500 206,500
LANDRY'S SEAFOOD Common 51508l103 1134 177,000 177,000
LANDS' END Common 515086106 12327 356,000 2,500 353,500
LINDSAY MFG Common 535555106 4253 214,000 214,000
LIPOSOME Common 536310105 5409 402,500 5,500 397,000
LOJACK Common 539451104 3379 439,500 439,500
M S CARRIERS Common 553533100 5769 218,200 4,500 213,700
MACHROCHEM Common 555903103 825 88,000 6,500 81,500
MACROVISION Common 555904101 7881 213,000 3,500 209,500
MANUFACT HOME Common 564682102 16782 699,250 699,250
MARCUS Common 566330106 11568 964,000 964,000
MATRIX PHARM Common 576844104 209 100,000 100,000
MEDAREX Common 583916101 1267 397,500 14,500 383,000
MEDTRONIC Common 585055106 1819 25,314 25,314
MELITA Common 585493109 6143 472,500 3,500 469,000
METTLER TOLEDO Common 592688105 23814 962,200 10,500 951,700
MICROSTRATEGY Common 594972101 1361 70,700 3,500 67,200
MONTANA POWER Common 612085100 20995 285,400 2,000 283,400
MOVADO GROUP Common 624580106 9198 367,900 4,000 363,900
MSC INDUSTRIAL Common 553530106 4257 250,400 3,500 246,900
MTI TECH Common 553903105 1908 345,000 345,000
NOBILITY HOMES Common 654892108 547 59,550 3,000 56,550
OAK TECHNOLOGY Common 671802106 3923 1,281,000 24,500 1,256,500
OBJECT DESIGN Common 674416102 5922 1,155,500 26,500 1,129,000
OMNIQUIP Common 681969101 1237 105,300 6,000 99,300
ONEIDA Common 682505102 12199 717,600 717,600
OPTICAL COATING Common 683829105 480 10,000 10,000
PAGING NETWORK Common 695542100 2742 585,000 585,000
PAIRGAIN Common 695934109 14669 1,504,500 12,000 1,492,500
PALM HARBOR HMS Common 696639103 16823 773,456 4,500 768,956
PATHOGENESIS Common 70321E104 3405 255,800 1,500 254,300
PATTERSON DNTL Common 703412106 13733 317,525 2,500 315,025
PEGASUS SYSTEMS Common 705906105 1152 28,900 1,500 27,400
PETCO Common 716016100 2159 215,900 10,500 205,400
PINNACLE SYSTEMS Common 723481107 13382 294,100 3,000 291,100
PLANTRONICS Common 727493108 26401 422,000 1,500 420,500
PLAY BY PLAY Common 72811K103 625 100,000 100,000
QRS CORPORATION Common 74726X105 14001 223,800 1,000 222,800
RAYOVAC Common 755081106 427 15,500 15,500
REALNETWORKS Common 75605L104 32227 263,750 1,700 262,050
RECOTON Common 756268108 4340 310,000 3,000 307,000
REGENCY REALTY Common 758939102 7500 400,000 400,000
REMEDY Common 759548100 6136 438,250 9,500 428,750
REX STORES Common 761624105 4171 360,700 7,500 353,200
RUSS BERRIE & CO Common 782233100 10697 412,400 412,400
SANGSTAT MEDICAL Common 801003104 1609 130,000 130,000
SAUL CENTERS Common 804395101 6572 449,400 10,500 438,900
SEACHANGE Common 811699107 4053 473,400 8,000 465,400
SERVICE EXPERTS Common 817567100 4332 320,900 320,900
SHOE CARNIVAL Common 824889109 2544 203,500 11,000 192,500
SKYTEL Common 83087Q104 5433 326,800 3,500 323,300
SL INDUSTRIES Common 784413106 1404 119,500 6,500 113,000
SPACELABS MEDIC Common 846247104 1468 87,300 4,500 82,800
SPEEDWAY MOTOR Common 847788106 11550 280,000 280,000
ST MARY LAND&EX Common 792228108 5685 327,200 4,500 322,700
STRIDE RITE Common 863314100 10548 861,100 861,100
SUN COMMUNITIES Common 866674104 22462 707,450 5,500 701,950
SYBRON Common 87114F106 3250 130,000 130,000
SYNOPSYS Common 871607107 16247 302,277 1,890 300,387
TCA CABLE Common 872241104 17098 393,050 2,000 391,050
TELEFLEX Common 879369106 10866 319,000 319,000
TIDEWATER Common 886423102 15141 585,150 5,000 580,150
TRANSTECHNOLOGY Common 893889105 413 25,000 25,000
TREND WEST Common 894917103 1918 135,800 7,500 128,300
TUPPERWARE Common 899896104 8901 494,500 5,000 489,500
UNISOURCE ENERGY Common 909205106 2928 264,700 264,700
UNITED WISCONSIN Common 913238101 943 129,000 8,000 121,000
US CAN Common 90328W105 414 28,100 28,100
VALMONT Common 920253101 4594 331,100 331,100
VIASOFT Common 92552U102 606 146,800 146,800
VISTANA Common 92839P108 10181 727,200 7,500 719,700
VIVID TECHNOLOGY Common 928538107 1678 419,500 419,500
</TABLE>
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 130
Information Table Value $1,082 million
