UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendent [x]; Amendment Number:1
This Amendment (Check only one.): [] is a restatement.
[] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: SMC Capital, Inc.
Address: 4350 Brownsboro Road, Suite 310
Louisville, Kentucky 40207
13F File Number: 801-44124
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Frank Kiley
Title: C.P.A.
Phone: 502-893-4200
Signature, Place, and Date of Signing:
Frank Kiley Louisville, Kentucky October 4, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of other Included Managers: 0
Form 13F Information Table Entry Total: 177
Form 13F Information Table Value Total: $137,111
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FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ACKERLEY GROUP COM 004527107 515 41800.00 SH Sole 41800.00
ADELPHIA COMMUNICATIONS CORP COM 006848105 588 10000.00 SH Sole 10000.00
AFLAC INC. COM 001055102 433 10345.00 SH Sole 10345.00
AKSYS LTD COM 010196103 165 30000.00 SH Sole 30000.00
AMERICAN EXPRESS CO COM 025816109 423 3135.00 SH Sole 3135.00
AMERICAN HOME PRODUCTS COM 026609107 637 15346.00 SH Sole 15346.00
AMERICAN RADIO SYS CL A COM 001693100 1294 21300.00 SH Sole 21300.00
AMERICAN TOWERS CORPORATION COM 029912201 1824 92941.00 SH Sole 92941.00
AMKOR TECHNOLOGY COM 031652100 484 30000.00 SH Sole 30000.00
ANCHOR GAMING COM 033037102 208 3500.00 SH Sole 3500.00
AT HOME CORP COM 045919107 2238 54000.00 SH Sole 54000.00
ATLANTIC COAST AIRLINES COM 048396105 355 20000.00 SH Sole 20000.00
AUTOMATIC DATA PROCESS COM 053015103 222 4964.00 SH Sole 4964.00
BANC ONE CORP COM COM 06423a103 348 10000.00 SH Sole 10000.00
BANKAMERICA CORP COM 060505104 498 8950.00 SH Sole 8950.00
BROADCOM CORPORATION COM 111320107 3488 32000.00 SH Sole 32000.00
C MORE MEDICAL SOLUTIONS COM 125921908 101 58000.00 SH Sole 58000.00
CABLEVISION SYSTEMS CORP COM 12686c109 1528 21000.00 SH Sole 21000.00
CARNIVAL CORP CL A COM 143658102 277 6375.00 SH Sole 6375.00
CHASE MANHATTAN NEW COM 16161A108 1256 16662.00 SH Sole 16662.00
CHECKFREE HOLDINGS INC. COM 162816102 4112100000.00 SH Sole 100000.00
CHURCHILL DOWNS INC COM 171484108 351 15200.00 SH Sole 15200.00
CINTAS CORP COM 172908105 551 9530.00 SH Sole 9530.00
CIRCUIT CITY STORES COM 172737108 422 10000.00 SH Sole 10000.00
CISCO SYS INC COM 17275R102 1949 28430.00 SH Sole 28430.00
CITIZENS FINL CORP KY CL A COM 174613109 3998339410.00 SH Sole 339410.00
CLEAR CHANNEL COMMUN COM 184502102 4431 55475.00 SH Sole 55475.00
CMORE MEDICAL SOLUTIONS COM 100 40000.00 SH Sole 40000.00
COCA COLA CO COM 191216100 401 8301.00 SH Sole 8301.00
COMCAST CORP CL A SPECIAL COM 200300200 1502 37675.00 SH Sole 37675.00
COMCAST CORP CLASS A COM 200300101 1360 37725.00 SH Sole 37725.00
COMMERCE BANCORP COM 200519106 871 21000.00 SH Sole 21000.00
COMMONWEALTH BANCSHARES INC COM 1383 359.00 SH Sole 359.00
COMMONWEALTH FINANCIAL CORP COM 260 58.00 SH Sole 58.00
COSTCO WHOLESALE CORPORATION COM 22160k105 2520 35000.00 SH Sole 35000.00
DAYTON HUDSON COM 239753106 714 11886.00 SH Sole 11886.00
DE BEERS CORP COM 240253302 283 10500.00 SH Sole 10500.00
DEAN FOODS COM 242361103 227 5200.00 SH Sole 5200.00
DIGITAL MICROWAVE CORP COM 253859102 157 10000.00 SH Sole 10000.00
DIONEX CORP COM 254546104 1924 45000.00 SH Sole 45000.00
DU PONT E I DE NEMOURS COM 263534109 360 5948.00 SH Sole 5948.00
FAXSAV/NET MOVES INC. COM 64116a104 62 10000.00 SH Sole 10000.00
FEDERAL TRUST COM 314012105 179 70000.00 SH Sole 70000.00
FIRST FEDERAL BANKSHARES COM 274 30000.00 SH Sole 30000.00
FISERV INC COM. COM 337738108 864 26581.50 SH Sole 26581.50
FOODARAMA SUPERMARKETS INC COM 344820105 496 16800.00 SH Sole 16800.00
FOUNDRY NETWORKS INC. COM 35063r100 756 6000.00 SH Sole 6000.00
FRANKLIN RES INC COM 354613101 251 8198.00 SH Sole 8198.00
GEMSTAR INTERNATIONAL GRP COM g3788v106 312 4000.00 SH Sole 4000.00
GENERAL ELEC CO COM 369604103 620 5227.00 SH Sole 5227.00
GILEAD SCIENCE INC COM 375558103 1284 20000.00 SH Sole 20000.00
GOOD GUYS, INC. COM 382091106 319 50000.00 SH Sole 50000.00
GREY ADVERTISING INC. COM 397838103 865 2350.00 SH Sole 2350.00
GUIDANT CORP COM 401698105 2300 42894.00 SH Sole 42894.00
HAEMONETICS COM 405024100 197 10000.00 SH Sole 10000.00
HIGH SPEED ACCESS CORP COM 42979u102 1376 60000.00 SH Sole 60000.00
HILB ROGAL AND HAMILTON COMPAN COM 431294107 546 21800.00 SH Sole 21800.00
HOLLINGER INTL. INC. CL. A COM 435569108 145 12200.00 SH Sole 12200.00
ILLINOIS TOOL WORKS INC COM 452308109 543 7286.00 SH Sole 7286.00
INFINITY BROADCASTING CORP COM 45662s102 1108 37800.00 SH Sole 37800.00
INGRAM MICRO COM 457153104 875 68000.00 SH Sole 68000.00
INKTOMI CORPORATION COM 457277101 1200 10000.00 SH Sole 10000.00
INTEL CORP COM 458140100 1512 20348.00 SH Sole 20348.00
INTERCEPT GROUP INC. COM 45845l107 370 20000.00 SH Sole 20000.00
JACKSONVILLE BANCORP COM 100 10000.00 SH Sole 10000.00
JDS UNIPHASE CORP COM 46612j101 1138 10000.00 SH Sole 10000.00
JOHNSON & JOHNSON COM 478160104 596 6489.00 SH Sole 6489.00
KNIGHT/TRIMARK GROUP INC. COM 499067106 592 20000.00 SH Sole 20000.00
KROGER CO COM 501044101 351 15900.00 SH Sole 15900.00
LABONE INC. COM 50540l105 166 17700.00 SH Sole 17700.00
LAMAR ADVERTISING CO. COM 512815101 1485 30000.00 SH Sole 30000.00
LANCER INC. COM 514614106 70 12100.00 SH Sole 12100.00
LAZARE KAPLAN INTL INC COM 521078105 81 10000.00 SH Sole 10000.00
LIZ CLAIBORNE COM 539320101 223 7191.00 SH Sole 7191.00
LUCENT TECHNOLOGIES COM 549463107 2595 40000.00 SH Sole 40000.00
MAKER COMMUNICATIONS COM 560875106 411 17500.00 SH Sole 17500.00
MARKETING SPECIALISTS CORP. COM 57060r107 269 50000.00 SH Sole 50000.00
MARSHALL & ILSLEY CORP COM 571834100 349 6120.00 SH Sole 6120.00
MAXTOR CORP COM 577729205 333 50500.00 SH Sole 50500.00
MCI WORLDCOM COM 55268b106 2156 30000.00 SH Sole 30000.00
MEDTRONIC INC COM 585055106 668 18786.00 SH Sole 18786.00
MICROSOFT CORP COM 594918104 3463 38240.00 SH Sole 38240.00
MORGAN STANLEY DEAN WITTER COM 617446448 892 10000.00 SH Sole 10000.00
MOTOROLA INC COM 620076109 2251 25577.00 SH Sole 25577.00
NATIONAL BEVERAGE CORP COM 635017106 98 12300.00 SH Sole 12300.00
NETOBJECTS INC COM 64114L102 169 30000.00 SH Sole 30000.00
NEXTEL COMMUNICATIONS CL A COM 65332V103 2034 30000.00 SH Sole 30000.00
NORTHPOINT TELECOMMUNICATIONS COM 666610100 555 30000.00 SH Sole 30000.00
ONEMAIN.COM INC COM 68267p109 657 40000.00 SH Sole 40000.00
OPTICAL SENSORS INC COM 68384P107 94 93700.00 SH Sole 93700.00
OUTDOOR SYSTEMS COM 690057104 1072 30000.00 SH Sole 30000.00
P-COM INC COM 693262107 700100000.00 SH Sole 100000.00
PEPSI BOTTLING GROUP INC COM 713409100 1827107100.00 SH Sole 107100.00
PEPSICO INC COM 713448108 488 15998.00 SH Sole 15998.00
PER-SE TECHNOLOGIES, INC. COM 584028104 344100000.00 SH Sole 100000.00
PETSMART, INC. COM 716768106 149 40000.00 SH Sole 40000.00
PF CHANG'S CHINA BISTRO INC. COM 69333y108 951 44000.00 SH Sole 44000.00
PHARMACOPEIA INC. COM 71713b104 435 40000.00 SH Sole 40000.00
PHARMAPRINT INC COM 716950100 192 40000.00 SH Sole 40000.00
PIER 1 IMPORTS INC COM 720279108 919140000.00 SH Sole 140000.00
PINNACLE BANC GRP INC COM 723449104 221 7500.00 SH Sole 7500.00
PINNACLE HOLDINGS COM 72346n101 261 10000.00 SH Sole 10000.00
POINTE FINANCIAL COM 73084p100 557 54000.00 SH Sole 54000.00
QUALCOMM COM 747525103 1135 6000.00 SH Sole 6000.00
QUIXOTE CORP COM 749056107 228 15200.00 SH Sole 15200.00
QWEST COMMUNICATIONS INTL INC COM 749121109 591 20000.00 SH Sole 20000.00
RADIANT SYSTEMS INC. COM 75025n102 243 15000.00 SH Sole 15000.00
RHYTHMS NETCONNECTIONS INC. COM 762430205 1225 35500.00 SH Sole 35500.00
RSA SECURITY COM 749719100 332 12500.00 SH Sole 12500.00
SAGENT TECHNOLOGY COM 786693101 236 25000.00 SH Sole 25000.00
SANCHEZ COMPUTER ASSOC COM 799702105 1668 47500.00 SH Sole 47500.00
SANDISK CORPORATION COM 80004c101 1173 18000.00 SH Sole 18000.00
SEPRACOR INC. COM 817315104 245 3245.00 SH Sole 3245.00
SERVICEMASTER CO. COM 81760n109 402 25050.00 SH Sole 25050.00
SOMERSET GROUP INC. COM 834706103 205 11606.00 SH Sole 11606.00
SONY CORP ADR NEW COM 835699307 607 4045.00 SH Sole 4045.00
SOUTHMARK CORP. COM 844544809 0 21918.00 SH Sole 21918.00
SPEEDWAY MOTORSPORTS INC COM 847788106 866 20000.00 SH Sole 20000.00
STAPLES INC COM 855030102 1413 64797.00 SH Sole 64797.00
STRATEGIA CORP COM 86268Q108 12 10000.00 SH Sole 10000.00
SUIZA FOODS CORP COM 865077101 836 22300.00 SH Sole 22300.00
TEKELEC COM 879101103 1243 90000.00 SH Sole 90000.00
TELEGLOBE INC. COM 87941v100 309 20000.00 SH Sole 20000.00
TELEPHONE & DATA SYSTEMS COM 879433100 1776 20000.00 SH Sole 20000.00
TERAYON COMMUNICATIONS COM 880775101 1173 24000.00 SH Sole 24000.00
TEXAS INSTRS INC COM 882508104 1120 13618.00 SH Sole 13618.00
TOWNE SERVICES INC. COM 892148107 653205000.00 SH Sole 205000.00
VALERO ENERGY CORP COM 91913y100 577 30000.00 SH Sole 30000.00
VALUE VISION INTL. COM 92047k107 260 10000.00 SH Sole 10000.00
VENCOR INC COM 92260R102 41352800.00 SH Sole 352800.00
VIACOM INC. CLASS B COM 925524308 845 20000.00 SH Sole 20000.00
VISX INC DEL COM 92844S105 1780 22500.00 SH Sole 22500.00
WACKENHUT CORP CLASS B COM 929794303 552 36775.00 SH Sole 36775.00
WALGREEN CO COM 931422109 813 32046.00 SH Sole 32046.00
WARNER LAMBERT CO COM 934488107 1363 20532.00 SH Sole 20532.00
WATERS CORP COM 941848103 1211 20000.00 SH Sole 20000.00
WAVE SYSTEMS INVESTORS COM 269 25000.00 SH Sole 25000.00
WESTWOOD ONE, INC. COM 961815107 902 20000.00 SH Sole 20000.00
XEROX CORP COM 984121103 288 6875.00 SH Sole 6875.00
XILINX COM 983919101 2595 39606.00 SH Sole 39606.00
XOMED SURGICAL PRODUCTS COM 98412v107 570 10000.00 SH Sole 10000.00
YOUNG BROADCASTING COM 987434107 1571 30000.00 SH Sole 30000.00
INKT, OCT. 120 CALLS STK OPT 356 500 SH Sole 500
JDSU, OCT. 90 CALLS STK OPT 594 250 SH Sole 250
ADVANTA CONV.PFD. PFD 007942303 327 21100 SH Sole 21100
CARIBOU COFFEE CO.SERIES A PRE PFD 97 15000 SH Sole 15000
CARIBOU COFFEE CO.SERIES B PRE PFD 196 28000 SH Sole 28000
CSC HOLDINGS INC. PFD 8.5% PFD 126304203 542 5000 SH Sole 5000
FELCOR SUITE HOTELS CONV.PFD. PFD 314305202 167 10000 SH Sole 10000
GLOBALSTAR 8% CONV. PFD. 144A PFD 379364508 1420 25000 SH Sole 25000
HYUNDAI ELECTRONICS TRUST DECS PFD 243664208 229 30000 SH Sole 30000
KMART FING I PFD TRCV 7.75% PFD 498778208 357 7500 SH Sole 7500
MLCO 7.12% PFD. PFD 59021g204 222 10000 SH Sole 10000
NEXTEL STRYPES TR STRYPES NXTL PFD 65332Y107 813 14000 SH Sole 14000
NOVA CORP PFD. 9.50% PFD 66977t205 242 10000 SH Sole 10000
PSIX PFD. PFD 74437C309 796 20000 SH Sole 20000
QWEST TRENDS TRUST 5.75% 144A PFD 74912L105 997 20000 SH Sole 20000
SUIZA FOODS 5 1/2% CONV.PFD. 2 PFD 86507g408 1734 50175 SH Sole 50175
VERIO PFD. PFD 923433304 205 5000 SH Sole 5000
AES CORP CONV BONDS 4.5%, 8-15 CONV BD 00130HAN5 127 100000 PRN Sole 100000
ATHM CONV. BONDS 4%, 12-28-201 CONV BD 045919aa5 949 1500000 PRN Sole 1500000
CORPORATE EXPRESS INC CONV BD 219888AC8 490 500000 PRN Sole 500000
FUISZ TECHNOLOGY CONV. BONDS CONV BD 359536aa7 372 400000 PRN Sole 400000
HEARTPORT INC. CONV BD 421969ac0 225 500000 PRN Sole 500000
JACOR COMMUNICATIONS INC. 0%,2 CONV BD 469858AB0 186 300000 PRN Sole 300000
KELLSTROM CONV. BONDS 5.50%, 6 CONV BD 488035ae6 342 500000 PRN Sole 500000
LAMR CONV. BONDS 5.25%, 9-15-2 CONV BD 512815af8 126 100000 PRN Sole 100000
NEORX CORP CONV BD 640520AA0 76 200000 PRN Sole 200000
PCOM CONV. NOTES 4.25% DUE 11- CONV BD 693262aa5 301 500000 PRN Sole 500000
PHYCOR INC CONV BD 71940FAB6 138 200000 PRN Sole 200000
QUADRAMED CONV. BONDS, 5.25% 5 CONV BD 74730waa9 57 100000 PRN Sole 100000
SEPRACOR INC - 144A CONV NOTES CONV BD 817315af1 463 500000 PRN Sole 500000
SPEEDWAY MOTORSPORTS INC CONV BD 847788AA4 748 500000 PRN Sole 500000
TELEFONOS DE MEXICO 4.25% 6/15 CONV BD 879403ad5 235 250000 PRN Sole 250000
VENTRITEX INC CONV BD 922814AA6 155 150000 PRN Sole 150000
WHOLE FOODS CONV. BONDS 0%, 3- CONV BD 966837aa4 258 800000 PRN Sole 800000
ROBERTSON STEPHENS CONTRARIAN MUT FD 770648301 10510882.321 SH Sole 10882.321
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