UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendent []; Amendment Number:
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 July 29, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of other Included Managers: 0
Form 13F Information Table Entry Total: 188
Form 13F Information Table Value Total: $135,871
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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 396 21800 SH SOLE 21800
ADELPHIA COMMUNICATIONS CORP COM 006848105 636 10000 SH SOLE 10000
AFLAC INC. COM 001055102 495 10345 SH SOLE 10345
AIRBORNE FREIGHT COPR. COM 009266107 969 35000 SH SOLE 35000
AKSYS LTD COM 010196103 174 30000 SH SOLE 30000
AMERICA ONLINE COM 02364j104 1100 10000 SH SOLE 10000
AMERICAN EXPRESS CO COM 025816109 408 3135 SH SOLE 3135
AMERICAN HOME PRODUCTS COM 026609107 203 3546 SH SOLE 3546
AMERICAN TELECASTING COM 030151104 1577 264250 SH SOLE 264250
AMERICAN TOWERS CORPORATION COM 029912201 2231 92941 SH SOLE 92941
AT HOME CORP COM 045919107 2697 50000 SH SOLE 50000
AUTOMATIC DATA PROCESS COM 053015103 218 4964 SH SOLE 4964
BANKAMERICA CORP COM 060505104 656 8950 SH SOLE 8950
BROADCOM CORPORATION COM 111320107 1012 7000 SH SOLE 7000
C MORE MEDICAL SOLUTIONS COM 125921908 101 58000 SH SOLE 58000
CABLEVISION SYSTEMS CORP COM 12686c109 700 10000 SH SOLE 10000
CARNIVAL CORP CL A COM 143658102 309 6375 SH SOLE 6375
CENDANT CORP GROWTH PRIDES COM 151313400 291 10000 SH SOLE 10000
CHANCELLOR MEDIA CORP. COM 158915108 1102 20000 SH SOLE 20000
CHASE MANHATTAN NEW COM 16161A108 1441 16662 SH SOLE 16662
CHECKFREE HOLDINGS INC. COM 162816102 1905 69100 SH SOLE 69100
CHICAGO TITLE CORP COM 168228104 462 12950 SH SOLE 12950
CIENA CORP COM 171779101 453 15000 SH SOLE 15000
CINTAS CORP COM 172908105 320 4765 SH SOLE 4765
CISCO SYS INC COM 17275R102 543 8430 SH SOLE 8430
CITIGROUP INC. COM 172967101 586 12337 SH SOLE 12337
CITIZENS FINL CORP KY CL A COM 174613109 3913 332210 SH SOLE 332210
CLEAR CHANNEL COMMUN COM 184502102 3159 45825 SH SOLE 45825
CMORE MEDICAL SOLUTIONS COM 100 40000 SH SOLE 40000
CNET INC COM 125945105 2535 44000 SH SOLE 44000
COCA COLA CO COM 191216100 515 8301 SH SOLE 8301
COMCAST CORP CLASS A COM 200300101 900 25125 SH SOLE 25125
COMCAST CORPORATION CL A COM 200300200 964 25075 SH SOLE 25075
COMMONWEALTH BANCSHARES INC COM 1383 359 SH SOLE 359
COMMONWEALTH FINANCIAL CORP COM 260 58 SH SOLE 58
COMPUTER HORIZONS COM 205908106 414 30000 SH SOLE 30000
CONSOLIDATED STORES CORP COM 210149100 2071 76700 SH SOLE 76700
COSTCO COMPANIES COM 22160q102 1201 15000 SH SOLE 15000
COVAD COMMUNICATIONS GROUP COM 222814204 560 10500 SH SOLE 10500
DAIMLER CHRYSLER AG COM D1668R123 389 4368 SH SOLE 4368
DAYTON HUDSON COM 239753106 773 11886 SH SOLE 11886
DE BEERS CORP COM 240253302 251 10500 SH SOLE 10500
DEAN FOODS COM 242361103 632 15200 SH SOLE 15200
DIGITAL MICROWAVE CORP COM 253859102 127 10000 SH SOLE 10000
DIONEX CORP COM 254546104 2025 50000 SH SOLE 50000
DU PONT E I DE NEMOURS COM 263534109 406 5948 SH SOLE 5948
EXCHANGE APPS COM 300867108 407 10000 SH SOLE 10000
FAXSAV/NET MOVES INC. COM 31210l104 110 20000 SH SOLE 20000
FEDERAL TRUST COM 314012105 197 70000 SH SOLE 70000
FIRST FEDERAL BANKSHARES COM 289 30000 SH SOLE 30000
FISERV INC COM. COM 337738108 1471 46982 SH SOLE 46982
FOOD LION INC. COM 344775200 261 21975 SH SOLE 21975
FOODARAMA SUPERMARKETS INC COM 344820105 502 16800 SH SOLE 16800
FRANKLIN RES INC COM 354613101 333 8198 SH SOLE 8198
GALILEO TECH LTD. COM m47298100 453 10000 SH SOLE 10000
GEMSTAR INTERNATIONAL GRP COM g3788v106 2610 40000 SH SOLE 40000
GENERAL ELEC CO COM 369604103 591 5227 SH SOLE 5227
GLOBALSTAR TELECOMMUNICATIONS COM g3930h104 232 10000 SH SOLE 10000
GREAT PLAINS SOFTWARE INC. COM 39119e105 897 19000 SH SOLE 19000
GREY ADVERTISING INC. COM 397838103 783 2350 SH SOLE 2350
GUIDANT CORP COM 401698105 2193 42894 SH SOLE 42894
GULFSTREAM AEROSPACE CORP. COM 402734107 676 10000 SH SOLE 10000
HAEMONETICS COM 405024100 401 20000 SH SOLE 20000
HIGH SPEED ACCESS CORP COM 42979u102 3203 125000 SH SOLE 125000
HILB ROGAL AND HAMILTON COMPAN COM 431294107 488 21800 SH SOLE 21800
HOLLINGER INTL. INC. CL. A COM 435569108 145 12200 SH SOLE 12200
ILLINOIS TOOL WORKS INC COM 452308109 596 7286 SH SOLE 7286
INFINITY BROADCASTING CORP COM 45662s102 1117 37800 SH SOLE 37800
INTEL CORP COM 458140100 616 10348 SH SOLE 10348
INTERACTIVE ENTERTAINMENT LTD COM g4802p109 4 16500 SH SOLE 16500
JACKSONVILLE BANCORP COM 100 10000 SH SOLE 10000
JOHNSON & JOHNSON COM 478160104 636 6489 SH SOLE 6489
K MART COM 482584109 181 11000 SH SOLE 11000
LAB HOLDINGS INC. COM 505353102 164 11800 SH SOLE 11800
LAMAR ADVERTISING CO. COM 512815101 1228 30000 SH SOLE 30000
LANCER INC. COM 514614106 95 11300 SH SOLE 11300
LAZARE KAPLAN INTL INC COM 521078105 101 10000 SH SOLE 10000
LIZ CLAIBORNE COM 539320101 262 7191 SH SOLE 7191
LUCENT TECHNOLOGIES COM 549463107 2708 40160 SH SOLE 40160
MARSHALL & ILSLEY CORP COM 571834100 394 6120 SH SOLE 6120
MCI WORLDCOM COM 55268b106 2582 30000 SH SOLE 30000
MEDAPHIS CORP COM 584028104 575 100000 SH SOLE 100000
MEDTRONIC INC COM 585055106 731 9393 SH SOLE 9393
MERKERT AMERICAN CORP COM 590080107 237 25000 SH SOLE 25000
MICROSOFT CORP COM 594918104 2457 27240 SH SOLE 27240
MOBILE MINI INC. COM 60740f105 391 20000 SH SOLE 20000
MORGAN STANLEY DEAN WITTER COM 617446448 1026 10000 SH SOLE 10000
MOTOROLA INC COM 620076109 528 5577 SH SOLE 5577
NATIONAL BEVERAGE CORP COM 635017106 98 10700 SH SOLE 10700
NBTY INC. COM 628782104 130 20000 SH SOLE 20000
NCR CORP COM 62886E108 268 5495 SH SOLE 5495
NETOBJECTS INC COM 64114L102 242 30000 SH SOLE 30000
NETWORK APPLIANCE CORP COM 64120l104 2961 53000 SH SOLE 53000
NORTHPOINT TELECOMMUNICATIONS COM 666610100 365 10000 SH SOLE 10000
OFFICE DEPOT INC. COM 676220106 882 40000 SH SOLE 40000
ONEMAIN.COM INC COM 68267p109 472 20000 SH SOLE 20000
OPTICAL SENSORS INC COM 68384P107 85 93700 SH SOLE 93700
OUTDOOR SYSTEMS COM 690057104 1095 30000 SH SOLE 30000
PEPSI BOTTLING GROUP INC COM 713409100 1387 60000 SH SOLE 60000
PEPSICO INC COM 713448108 619 15998 SH SOLE 15998
PEREGRINE SYSTEMS INC. COM 71366Q101 257 10000 SH SOLE 10000
PETSMART, INC. COM 716768106 410 40000 SH SOLE 40000
PF CHANG'S CHINA BISTRO INC. COM 69333y108 1168 54000 SH SOLE 54000
PHARMACOPEIA INC. COM 71713b104 450 40000 SH SOLE 40000
PHARMAPRINT INC COM 716950100 200 40000 SH SOLE 40000
PIER 1 IMPORTS INC COM 720279108 1125 100000 SH SOLE 100000
PINNACLE BANC GRP INC COM 723449104 239 7500 SH SOLE 7500
POINTE FINANCIAL COM 73084p100 567 54000 SH SOLE 54000
QUIXOTE CORP COM 749056107 185 15200 SH SOLE 15200
RADIANT SYSTEMS INC. COM 75025n102 570 40000 SH SOLE 40000
RYTHMS NETCONNECTIONS INC. COM 762430205 2977 51000 SH SOLE 51000
S&P DEPOSITORY RECEIPT COM 78462F103 1930 14085 SH SOLE 14085
SAGENT TECHNOLOGY COM 786693101 216 25000 SH SOLE 25000
SCHLUMBERGER LTD COM 806857108 242 3798 SH SOLE 3798
SECURITY FIRST TECH CORP COM 814279105 2256 50000 SH SOLE 50000
SEPRACOR INC. COM 817315104 264 3245 SH SOLE 3245
SINCLAIR BROADCASTING GROUP COM 829226109 532 32500 SH SOLE 32500
SOMERSET GROUP INC. COM 834706103 232 11606 SH SOLE 11606
SONY CORP ADR NEW COM 835699307 446 4045 SH SOLE 4045
SOUTHMARK CORP. COM 844544809 0 21918 SH SOLE 21918
SPEEDWAY MOTORSPORTS INC COM 847788106 786 20000 SH SOLE 20000
STAPLES INC COM 855030102 1030 33297 SH SOLE 33297
STRATEGIA CORP COM 86268Q108 16 10000 SH SOLE 10000
SUIZA FOODS CORP COM 865077101 431 10300 SH SOLE 10300
TANDY CORP COM 875382103 555 11360 SH SOLE 11360
TEKELEC COM 879101103 975 80000 SH SOLE 80000
TELEGLOBE INC. COM 87941v100 595 20000 SH SOLE 20000
TELEPHONE & DATA SYSTEMS COM 879433100 1462 20000 SH SOLE 20000
TERAYON COMMUNICATIONS COM 880775101 223 4000 SH SOLE 4000
TEXAS INSTRS INC COM 882508104 980 6809 SH SOLE 6809
TOWNE SERVICES INC. COM 892148107 1024 130000 SH SOLE 130000
VALERO ENERGY CORP COM 91913y100 1286 60000 SH SOLE 60000
VENCOR INC COM 922602107 57 383300 SH SOLE 383300
VIACOM INC. CLASS B COM 925524308 880 20000 SH SOLE 20000
VISX INC DEL COM 92844S105 594 7500 SH SOLE 7500
WACKENHUT CORP CLASS B COM 929794303 1082 45075 SH SOLE 45075
WALGREEN CO COM 931422109 941 32046 SH SOLE 32046
WARNER LAMBERT CO COM 934488107 1419 20532 SH SOLE 20532
WAVE SYSTEMS INVESTORS COM 475 25000 SH SOLE 25000
WESTWOOD ONE, INC. COM 961815107 714 20000 SH SOLE 20000
XEROX CORP COM 984121103 406 6875 SH SOLE 6875
XILINX COM 983919101 2267 39606 SH SOLE 39606
YOUNG BROADCASTING COM 987434107 1277 30000 SH SOLE 30000
ZANY BRAINY INC COM 98906q101 97 10000 SH SOLE 10000
CNET INC COM 125945105 -2881 -50000 SH SOLE -50000
MICROSOFT CORP COM 594918104 -902 -10000 SH SOLE -10000
S&P DEPOSITORY RECEIPT COM 78462F103 -1370 -10000 SH SOLE -10000
WARNER LAMBERT CO COM 934488107 -691 -10000 SH SOLE -10000
CNET JULY 35 CALLS STK OPT 311 140 SH SOLE 140
CSCO JULY 50 CALLS STK OPT 292 200 SH SOLE 200
MOT JULY 70 CALLS STK OPT 490 200 SH SOLE 200
ADVANTA CONV.PFD. PFD 007942303 330 23600 SH SOLE 23600
CARIBOU COFFEE CO.SERIES A PRE PFD 97 15000 SH SOLE 15000
CARIBOU COFFEE CO.SERIES B PRE PFD 196 28000 SH SOLE 28000
CHANCELLOR MEDIA PFD 6% 144A - PFD 300248408 550 5000 SH SOLE 5000
CSC HOLDINGS INC. PFD 8.5% PFD 126304203 540 5000 SH SOLE 5000
FELCOR SUITE HOTELS CONV.PFD. PFD 314305202 204 10000 SH SOLE 10000
GLOBALSTAR 8% CONV. PFD. 144A PFD 379364508 1437 25000 SH SOLE 25000
HYUNDAI ELECTRONICS TRUST DECS PFD 243664208 199 30000 SH SOLE 30000
KMART FING I PFD TRCV 7.75% PFD 498778208 877 15000 SH SOLE 15000
MLCO 7.12% PFD. PFD 59021g204 241 10000 SH SOLE 10000
NEXTEL STRYPES TR STRYPES NXTL PFD 65332Y107 588 14000 SH SOLE 14000
NOVA CORP PFD. 9.50% PFD 66977t205 257 10000 SH SOLE 10000
PSIX PFD. PFD 74437C309 900 20000 SH SOLE 20000
QWEST TRENDS TRUST 5.75% 144A PFD 74912L105 1130 20000 SH SOLE 20000
SINCLAIR BROADCASTING CONV. PF PFD 829226505 1795 41500 SH SOLE 41500
SUIZA FOODS 5 1/2% CONV.PFD. 2 PFD 86507g408 2234 60175 SH SOLE 60175
AES CORP CONV BONDS 4.5%, 8-15 CONV BD 00130HAN5 124 100000 PRN SOLE 100000
AMAZON.COM INC CONV BD 023135af3 194 200000 PRN SOLE 200000
ATHM CONV. BONDS 4%, 12-28-201 CONV BD 045919aa5 1162 1500000 PRN SOLE 1500000
CORPORATE EXPRESS INC CONV BD 219888AC8 465 500000 PRN SOLE 500000
FUISZ TECHNOLOGY CONV. BONDS CONV BD 359536aa7 225 500000 PRN SOLE 500000
HEALTHSOUTH 3.24% 04/01/03 CONV BD 421924af8 424 500000 PRN SOLE 500000
HEALTHSOUTH CONV. BONDS 3.25%, CONV BD 421924ad3 424 500000 PRN SOLE 500000
HEARTPORT INC. CONV BD 421969ac0 250 500000 PRN SOLE 500000
JACOR COMMUNICATIONS INC. 0%,2 CONV BD 469858AB0 166 300000 PRN SOLE 300000
KELLSTROM CONV. BONDS 5.50%, 6 CONV BD 488035ae6 413 500000 PRN SOLE 500000
MINDSPRING CONV. BONDS, 5%, 4- CONV BD 602683aa2 2165 2300000 PRN SOLE 2300000
NEORX CORP CONV BD 640520AA0 91 200000 PRN SOLE 200000
PCOM CONV. NOTES 4.25% DUE 11- CONV BD 693262aa5 261 500000 PRN SOLE 500000
PHYCOR INC CONV BD 71940FAB6 139 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 1980 2000000 PRN SOLE 2000000
SPEEDWAY MOTORSPORTS INC CONV BD 847788AA4 710 500000 PRN SOLE 500000
TELEFONOS DE MEXICO 4.25% 6/15 CONV BD 879403ad5 260 250000 PRN SOLE 250000
VENTRITEX INC CONV BD 922814AA6 164 150000 PRN SOLE 150000
WHOLE FOODS CONV. BONDS 0%, 3- CONV BD 966837aa4 286 800000 PRN SOLE 800000
ROBERTSON STEPHENS CONTRARIAN MUT FD 770648301 99 10882.321SH SOLE 10882.321
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