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 June 30, 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
June 30, 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 1,942 97,700 97,700
ACTION PERF Common 004933107 16,814 509,500 509,500
ACUSON Common 005113105 11,945 695,000 695,000
ACXIOM Common 005125109 19,578 785,100 785,100
AMER HOMESTAR Common 026651109 5,832 848,220 848,220
AMER ITALN PASTA Common 027070101 4,016 132,200 132,200
AMERN PWR CONVN Common 029066107 23,428 1,164,100 1,164,100
AMES DEPT STORE Common 030789507 13,717 300,650 300,650
ARROW INT'L Common 042764100 18,125 700,500 700,500
ASK JEEVES Common 045174109 1 100 100
ASPECT DEV Common 045234101 11,426 617,600 617,600
AVANT Common 053487104 12,590 997,200 997,200
AVIRON Common 053762100 10,206 355,000 355,000
BEI TECHNOLOGIES Common 05538P104 1,247 124,700 124,700
BEVERLY ENTERPRISCommon 087851309 8,869 1,100,000 1,100,000
BIOGEN Common 090597105 23,513 365,600 365,600
BJ'S WHOLESALE Common 05548J106 21,624 719,300 719,300
CAERE Common 127646107 7,988 603,000 603,000
CEC ENTERTAINMENTCommon 125137109 20,559 486,600 486,600
CELL GENESYS INC Common 150921104 2,757 648,600 648,600
CENTOCOR Common 152342101 15,619 335,000 335,000
CH ROBINSON Common 12541W100 11,065 301,100 301,100
CHAMP AUTO RACG Common 158711101 716 23,900 23,900
CHERRY CORP Common 164541401 5,086 363,300 363,300
CHIEFTAIN INT'L Common 16867C101 6,752 385,800 385,800
COMPUTER NETWORK Common 204925101 2,729 126,200 126,200
CONCORD EFS Common 206197105 18,683 441,549 441,549
CORRPRO Common 220317101 360 41,700 41,700
COVENANT TRANS Common 22284P105 9,601 609,600 609,600
CRITICAL PATH Common 22674V100 50 900 900
CSG SYSTEMS Common 126349109 4,060 155,050 155,050
DEL GLOBAL Common 245073101 1,175 120,500 120,500
DENTSPLY Common 249030107 22,953 794,900 794,900
DONALDSON Common 257651109 6,395 261,000 261,000
DOVER DOWNS Common 260086103 16,904 955,700 955,700
DR KOOP.COM Common 262098106 478 30,000 30,000
DRESS BARN Common 261570105 13,674 854,600 854,600
ELCOR Common 284443108 16,055 367,500 367,500
EXCHANGE APPLICATCommon 300867108 18,582 456,000 456,000
FAIRFIELD COMM Common 304231301 7,874 488,300 488,300
FAMILY GOLF Common 30701A106 4,566 594,000 594,000
FEDERAL REALTY Common 313747206 9,175 400,000 400,000
FIDELITY NATL FINCommon 316326107 15,782 789,120 789,120
FIRST WASHINGTON Common 337489504 9,846 421,200 421,200
FOREST LABS Common 345838106 18,292 395,500 395,500
GENERAL CABLE Common 369300108 7,934 495,900 495,900
GENESYS TELECOM Common 371931106 14,488 579,500 579,500
GENZYME Common 372917104 22,931 472,800 472,800
GYMBOREE Common 403777105 5,497 523,500 523,500
HAVERTY FURNITURECommon 419596101 6,634 188,200 188,200
HEARTLAND EXPR Common 422347104 16,505 1,007,934 1,007,934
HOLLYWOOD PARK Common 436255103 6,630 390,000 390,000
HUMAN GENOME SCIECommon 444903108 8,098 205,000 205,000
I T I TECH Common 450564109 10,491 463,700 463,700
INVESTMENT TECHNOCommon 46145F105 19,910 619,774 619,774
INVISION TECH Common 461851107 1,622 316,500 316,500
J JILL GROUP Common 466189107 570 39,000 39,000
JAKKS PACIFIC Common 47012E106 7,766 260,500 260,500
JASON Common 471171108 1,656 207,000 207,000
LANDS' END Common 515086106 16,699 347,000 347,000
LINDSAY MFG Common 535555106 5,690 324,000 324,000
LIPOSOME Common 536310105 8,186 428,000 428,000
LOJACK Common 539451104 4,435 529,500 529,500
M S CARRIERS Common 553533100 11,696 394,400 394,400
MACHROCHEM Common 555903103 564 95,000 95,000
MACROMEDIA Common 556100105 353 10,000 10,000
MANUFACT HOME Common 564682102 18,181 699,250 699,250
MARCUS Common 566330106 11,382 924,400 924,400
MEDAREX Common 583916101 1,737 421,000 421,000
MELITA Common 585493109 6,238 462,100 462,100
METTLER TOLEDO Common 592688105 26,066 1,022,200 1,022,200
MICROSTRATEGY Common 594972101 4,572 120,700 120,700
MOVADO GROUP Common 624580106 15,804 610,800 610,800
MTI TECH Common 553903105 8,088 619,200 619,200
NEWGEN RESULTS Common 651359101 828 69,000 69,000
NOBILITY HOMES Common 654892108 192 25,550 25,550
OAK TECHNOLOGY Common 671802106 4,526 1,248,500 1,248,500
OBJECT DESIGN Common 674416102 1,639 423,000 423,000
ON COMMAND Common 682160106 3,261 185,000 185,000
ONEIDA Common 682505102 19,988 710,700 710,700
OSHKOSH TRUCKING Common 688239201 5,031 100,000 100,000
PAIRGAIN Common 695934109 7,975 693,500 693,500
PALM HARBOR HMS Common 696639103 19,021 758,956 758,956
PATHOGENESIS Common 70321E104 4,480 315,800 315,800
PATTERSON DNTL Common 703412106 12,667 364,525 364,525
PEGASUS SYSTEMS Common 705906105 1,307 34,900 34,900
PETCO Common 716016100 15,427 979,500 979,500
PINNACLE SYSTEMS Common 723481107 13,776 409,700 409,700
PLANTRONICS Common 727493108 28,981 445,000 445,000
POLARIS Common 731068102 15,891 365,300 365,300
PROFIT RECOVERY GCommon 743168106 13,404 283,300 283,300
QLT PHOTOTHERAPEUCommon 746927102 7,926 144,100 144,100
REALNETWORKS Common 75605L104 21,778 316,200 316,200
RECOTON Common 756268108 2,387 262,500 262,500
REGENCY REALTY Common 758939102 13,163 600,000 600,000
REMEDY Common 759548100 12,705 472,750 472,750
REX STORES Common 761624105 10,440 350,200 350,200
RUSS BERRIE & CO Common 782233100 12,682 512,400 512,400
SAUL CENTERS Common 804395101 7,209 436,900 436,900
SEACHANGE Common 811699107 10,739 592,500 592,500
SERVICE EXPERTS Common 817567100 7,020 320,900 320,900
SHOE CARNIVAL Common 824889109 3,279 192,900 192,900
SHOPKO Common 824911101 13,844 379,300 379,300
SL INDUSTRIES Common 784413106 1,490 116,300 116,300
SPEEDWAY MOTOR Common 847788106 11,990 305,000 305,000
ST MARY LAND&EX Common 792228108 8,708 423,500 423,500
STRIDE RITE Common 863314100 6,740 653,600 653,600
SUN COMMUNITIES Common 866674104 24,901 701,450 701,450
SUPERIOR CONSULTACommon 868146101 4,073 165,000 165,000
TCA CABLE Common 872241104 21,481 387,050 387,050
TELEFLEX Common 879369106 16,915 389,400 389,400
THERMO ELECTRON Common 883556102 12,038 600,000 600,000
TIDEWATER Common 886423102 15,910 521,650 521,650
TREND WEST Common 894917103 2,885 129,300 129,300
TUPPERWARE Common 899896104 24,671 967,500 967,500
US CAN Common 90328W105 1,175 52,800 52,800
VALMONT Common 920253101 5,639 331,100 331,100
VISTANA Common 92839P108 12,209 775,200 775,200
VIVID TECHNOLOGY Common 928538107 1,320 377,000 377,000
WABASH NATL Common 929566107 6,452 333,000 333,000
WIND RIVER SYSTEMCommon 973149107 10,131 630,700 630,700
</TABLE>
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 121
Information Table Value $1,238 million
