GRANAHAN INVESTMENT MANAGEMENT INC/MA
13F-HR, 2000-04-10
Previous: CENTENNIAL FUND V L P, 4, 2000-04-10
Next: WESLEY JESSEN VISIONCARE INC, 425, 2000-04-10



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, 2000

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 10th day of
April, 2000.

                              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, 2000

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   15,567     112,700   0          112,700
ACUSON                     COMMON    005113105    9,036     610,000   0          610,000
ACXIOM                     COMMON    005125109   16,030     482,100   0          482,100
ADAPTIVE BROADBAND         COMMON    00650M104    6,313     118,000   0          118,000
AG SERVICES OF AMERICA     COMMON    001250109    2,425     100,000   0          100,000
AMERN PWR CONVN            COMMON    029066107   38,356     894,600   0          894,600
AMES DEPT STORE            COMMON    030789507   15,812     643,750   0          643,750
ARROW INT'L                COMMON    042764100   12,462     397,200   0          397,200
ASPECT DEV                 COMMON    045234101   11,324     175,900   0          175,900
ASTROPOWER INC             COMMON    04644A101   15,704     486,000   0          486,000
AVANT                      COMMON    053487104    5,953     476,200   0          476,200
BEI TECHNOLOGIES           COMMON    05538P104    1,049      59,300   0           59,300
BEVERLY ENTERPRISE         COMMON    087851309    2,581     700,000   0          700,000
BINDLEY WESTERN            COMMON    090324104    5,403     398,400   0          398,400
BIOCHEM PHARMA             COMMON    09058T108   20,576     930,000   0          930,000
BJ'S WHOLESALE             COMMON    05548J106    9,383     244,500   0          244,500
BRIGHTPOINT                COMMON    109473108    1,348     110,000   0          110,000
BSQUARE CORPORATION        COMMON    11776U102    5,040     227,800   0          227,800
BURR BROWN                 COMMON    122574106   25,820     474,850   0          474,850
CAIS INTERNET              COMMON    12476Q102   10,599     438,200   0          438,200
CARBO CERAMICS             COMMON    140781105      844      30,000   0           30,000
CELERA GENOMICS            COMMON    69332S201   11,783     127,900   0          127,900
CELL GENESYS INC           COMMON    150921104   13,398     628,650   0          628,650
CEPHALON                   COMMON    156708109    4,849     129,300   0          129,300
CH ROBINSON                COMMON    12541W100    8,586     230,500   0          230,500
CHAMP AUTO RACG            COMMON    158711101    2,200     100,000   0          100,000
CHIEFTAIN INT'L            COMMON    16867C101   15,223     756,400   0          756,400
CHIRON                     COMMON    170040109   24,464     490,500   0          490,500
CLAYTON HOMES              COMMON    184190106   16,696   1,649,000   0        1,649,000
COHU                       COMMON    192576106    7,504     180,000   0          180,000
COLLECTORS UNIVERSE        COMMON    19421R101    4,352     669,500   0          669,500
CONCORD EFS                COMMON    206197105   20,436     890,923   0          890,923
CONCURRENT                 COMMON    206710204      634      50,000   0           50,000
CORE LABS                  COMMON    n22717107   24,139     830,600   0          830,600
CORPORATE EXEC BOARD       COMMON    21988R102   16,798     331,000   0          331,000
COVENANT TRANS             COMMON    22284P105   10,924     688,100   0          688,100
CUBIST PHARMACEUTICALS     COMMON    229678107   10,268     245,200   0          245,200
CYTYC CORP                 COMMON    232946103   19,869     411,800   0          411,800
DAIN RAUSCHER              COMMON    233856103   17,500     265,400   0          265,400
DAMARK INTERNATIONAL       COMMON    235691102    1,334      35,000   0           35,000
DEL GLOBAL                 COMMON    245073101    1,020     120,000   0          120,000
DENTSPLY                   COMMON    249030107   22,530     794,000   0          794,000
DIVERSINET                 COMMON    25536K204    4,469     250,000   0          250,000
DONALDSON                  COMMON    257651109    6,114     271,000   0          271,000
DOVER DOWNS                COMMON    260086103   11,764     922,700   0          922,700
DSET CORP                  COMMON    262504103    3,263     177,000   0          177,000
EMERGE                     COMMON    29088W103    3,717     123,400   0          123,400
ENTRUST TECH               COMMON    293848107   16,275     191,300   0          191,300
EQUITY RESIDENTIAL         COMMON    29476l107   28,706     714,300   0          714,300
EXCHANGE APPLICATIONS      COMMON    300867108    8,822     166,700   0          166,700
FEDERAL REALTY             COMMON    313747206   11,298     585,000   0          585,000
FIDELITY NATL FINL         COMMON    316326107    8,860     641,420   0          641,420
FIRST WASHINGTON           COMMON    337489504    7,902     425,700   0          425,700
FLEMING COMPANIES          COMMON    339130106    4,519     300,000   0          300,000
FOREST LABS                COMMON    345838106   35,262     417,300   0          417,300
GENZYME                    COMMON    372917104   19,088     380,800   0          380,800
HANOVER COMPRESSOR         COMMON    410768105   22,574     396,900   0          396,900
HEARTLAND EXPR             COMMON    422347104   17,693   1,259,534   0        1,259,534
HUMAN GENOME SCIENCES      COMMON    444903108   12,800     154,100   0          154,100
HUTCHINSON TECHNOLOGY      COMMON    448407106    6,521     370,000   0          370,000
INSIGHT COMM               COMMON    45768V108   19,136     927,800   0          927,800
INTERNET PICTURES          COMMON    46059S101   15,218     448,400   0          448,400
INTERNET.COM               COMMON    460967102    8,166     195,000   0          195,000
INVESTMENT TECH GROUP      COMMON    46145F105   29,302     831,263   0          831,263
ISIS PHARMACEUTICALS       COMMON    464330109    7,031     500,000   0          500,000
ISS GROUP                  COMMON    450306105   10,136      87,000   0           87,000
IVILLAGE                   COMMON    46588H105    8,071     515,000   0          515,000
JEFFERIES GROUP            COMMON    472319102   11,758     514,000   0          514,000
JONES APPAREL GROUP        COMMON    480074103   25,170     795,900   0          795,900
KEITHLEY INSTRUMENTS       COMMON    487584104    8,544     179,400   0          179,400
KNIGHT TRANSPORTATION      COMMON    499064103    3,089     176,500   0          176,500
LATITUDE COMM              COMMON    518292107   18,086     689,000   0          689,000
LEARNING TREE              COMMON    522015106   17,068     480,800   0          480,800
LINDSAY MFG                COMMON    535555106    7,859     458,900   0          458,900
LINENS N THINGS            COMMON    535679104   27,153     792,800   0          792,800
M S CARRIERS               COMMON    553533100   12,601     536,200   0          536,200
MACROVISION                COMMON    555904101   15,778     183,200   0          183,200
MANUFACT HOME              COMMON    564682102   19,223     831,250   0          831,250
MARCUS                     COMMON    566330106    8,715     673,600   0          673,600
MARIMBA                    COMMON    56781Q109   13,070     296,200   0          296,200
MARINE DRILLING            COMMON    568240204   22,658     825,800   0          825,800
MAXTOR                     COMMON    577729205   12,291     950,000   0          950,000
MAXWELL TECHNOLOGIES       COMMON    577767106    4,311     313,500   0          313,500
MEDAREX                    COMMON    583916101    3,734      74,300   0           74,300
METTLER TOLEDO             COMMON    592688105   41,883   1,023,100   0        1,023,100
MILLENNIUM PHARM           COMMON    599902103   13,445     103,525   0          103,525
MKS INSTRUMENTS            COMMON    55306N104   11,595     229,600   0          229,600
MOLDFLOW                   COMMON    608507109    5,674     335,000   0          335,000
MP3.COM                    COMMON    62473M109    7,814     372,100   0          372,100
NAUTICA ENT                COMMON    639089101    9,136     777,500   0          777,500
NCO GROUP                  COMMON    628858102   14,180     444,000   0          444,000
NET PERCEPTIONS            COMMON    64107U101      188       5,100   0            5,100
NEW HORIZONS               COMMON    645526104    5,417     305,200   0          305,200
OAK TECHNOLOGY             COMMON    671802106   19,585   1,017,400   0        1,017,400
ON COMMAND                 COMMON    682160106    7,275     485,000   0          485,000
ONEIDA                     COMMON    682505102   12,807     661,000   0          661,000
ONYX PHARMACEUTICALS       COMMON    683399109    1,341      96,200   0           96,200
OPTIMAL ROBOTICS           COMMON    68388R208    3,760      80,000   0           80,000
ORAPHARMA                  COMMON    68554E106      518      28,000   0           28,000
OSHKOSH TRUCKING           COMMON    688239201   14,005     450,850   0          450,850
PALM HARBOR HMS            COMMON    696639103   12,438     808,956   0          808,956
PATTERSON DNTL             COMMON    703412106    1,546      40,425   0           40,425
PLANTRONICS                COMMON    727493108   25,906     278,000   0          278,000
POLARIS                    COMMON    731068102   15,608     518,100   0          518,100
POLYCOM                    COMMON    73172K104   22,553     284,800   0          284,800
POLYMER GROUP              COMMON    731745105   10,238     803,000   0          803,000
PROTEIN DESIGN             COMMON    74369L103    6,463      81,300   0           81,300
QAD                        COMMON    74727D108    1,690     190,400   0          190,400
QUANTUM                    COMMON    747906303   11,250   1,000,000   0        1,000,000
RAYOVAC                    COMMON    755081106    1,070      46,000   0           46,000
REALNETWORKS               COMMON    75605L104    7,106     124,800   0          124,800
REGENCY REALTY             COMMON    758939102   11,850     600,000   0          600,000
REGENERON                  COMMON    75886F107   17,043     576,500   0          576,500
REGIS                      COMMON    758932107   13,820     933,000   0          933,000
REMEDY                     COMMON    759548100   22,274     528,750   0          528,750
RENT-A-CENTER              COMMON    76009N100    4,523     301,500   0          301,500
REXALL SUNDOWN             COMMON    761648104   13,080     926,000   0          926,000
RIBOZYME PHARMACEUTICALS   COMMON    762567105    1,266      50,000   0           50,000
RSA SECURITY               COMMON    749719100    5,518     106,500   0          106,500
SAGA SYSTEMS               COMMON    786610105    2,646      74,000   0           74,000
SAUL CENTERS               COMMON    804395101    6,581     408,100   0          408,100
SEACHANGE                  COMMON    811699107   31,376     509,150   0          509,150
SHOPKO                     COMMON    824911101    9,834     554,000   0          554,000
SPECTRALINK                COMMON    847580107    5,414     300,750   0          300,750
ST MARY LAND&EX            COMMON    792228108   15,804     529,000   0          529,000
SUN COMMUNITIES            COMMON    866674104   26,266     909,650   0          909,650
SWIFT TRANSN               COMMON    870756103    5,996     292,500   0          292,500
SYBASE                     COMMON    871130100   15,649     770,400   0          770,400
THERMO ELECTRON            COMMON    883556102   12,225     600,000   0          600,000
TIDEWATER                  COMMON    886423102   26,040     818,550   0          818,550
TOO INC                    COMMON    890333107      978      31,000   0           31,000
TRANSKARYOTIC THERAPIES    COMMON    893735100    5,830     104,800   0          104,800
TREX CO                    COMMON    89531P105    3,443      90,000   0           90,000
TRIMBLE NAVIGATION         COMMON    896239100   12,046     467,800   0          467,800
TUPPERWARE                 COMMON    899896104      538      34,000   0           34,000
UNIROYAL TECHNOLOGY        COMMON    909163107    1,795      38,200   0           38,200
UNITED THERAPEUTICS        COMMON    91307C102   11,779     151,500   0          151,500
US PLASTIC LUMBER          COMMON    902948108    6,614     715,000   0          715,000
VALMONT                    COMMON    920253101    4,418     256,100   0          256,100
VALUEVISION                COMMON    92047K107   10,911     263,700   0          263,700
VANS INC                   COMMON    921930103    7,345     455,500   0          455,500
VERITY                     COMMON    92343c106   14,222     349,000   0          349,000
VERTEX PHARM               COMMON    92532F100   34,899     745,500   0          745,500
WABASH NATL                COMMON    929566107   13,821     969,900   0          969,900
WATERS CORP                COMMON    941848103   23,717     249,000   0          249,000
WERNER ENTERPRISES         COMMON    950755108    4,063     239,000   0          239,000
WESTERN DIGITAL            COMMON    958102105   11,342   1,525,000   0        1,525,000
WHITE PINE SOFTWARE        COMMON    964347108      108       3,000   0            3,000
WILLIAMS SONOMA            COMMON    969904101   13,163     424,600   0          424,600
WINK COMMUNICATIONS        COMMON    974168106    6,995     209,600   0          209,600
ZYGO                       COMMON    989855101   12,217     253,200   0          253,200
</TABLE>
Report Summary:

Number of Other Included Managers:        None

Form 13F Information Table Entry Total:   151

Information Table Value                   $1,776 million



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission