<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
Check here if Amendment |_|; Amendment Number:
This Amendment (Check only one.): |_| is a restatement.
|_| adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Palantir Capital Inc.
Address: P.O. Box 675910
Rancho Santa Fe, CA 92067
13F File Number: 28-6214
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: Glenn Doshay
Title: President
Phone: (619) 756-4423
Signature, Place, and Date of Signing: Rancho Santa Fe, CA, Feb. 11, 2000
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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: ZERO
Form 13F Information Table Entry Total: 243
Form 13F Information Table Value Total: $2,891,325
List of Other Included Managers:
No. 13F File Number Name
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<TABLE>
<CAPTION>
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ -------------------- -------- -------- --- ---- ------- ---------- ------ ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T CORP LIB GRP A 001957208 28,293 498,000 SH SOLE 498,000
AT&T CDA INC COM 00207Q202 46,449 1,154,000 SH SOLE 1,154,000
AVX CORP 1/45 CALL-S CALL 0024449AI 294 500 SH CALL SOLE 500
ABGENIX INC COM 00339B107 22,525 170,000 SH SOLE 170,000
ADTRAN INC 1/50 CALL-ML CALL 00738A9AJ 925 2,000 SH CALL SOLE 2,000
ADVANCED RADIO TELECOM CORP COM 00754U101 12,360 515,000 SH SOLE 515,000
AGILE SOFTWARE CORP DEL COM 00846X105 12,165 56,000 SH SOLE 56,000
AIRNET COMMUN CORP COM 00941P106 2,728 75,000 SH SOLE 75,000
AIRONET WIRELESS COMM COM 00943A107 1,002 15,000 SH SOLE 15,000
ALLEGIANCE TELECOM INC COM 01747T102 27,675 300,000 SH SOLE 300,000
ALLIED RISER COMMUNICATIONS COM 019496108 8,295 400,950 SH SOLE 400,950
ALPHA INDS INC COM 020753109 17,194 300,000 SH SOLE 300,000
ALTERA CORP 1/55 PUT-ML PUT 0214419MK 1,988 3,000 SH PUT SOLE 3,000
ALTEON WEBSYSTEMS INC COM 02145A109 4,388 50,000 SH SOLE 50,000
ALZA CORP DEL COM 022615108 6,925 200,000 SH SOLE 200,000
AMAZON COM INC 1/90 CALL-S CALL 0231379AR 563 1,500 SH CALL SOLE 1,500
AMERICA ONLINE INC DEL
1/85 PUT-S PUT 0236449MQ 5,813 5,000 SH PUT SOLE 5,000
AMERICA ONLINE INC DEL COM 02364J104 75,438 1,000,000 SH SOLE 1,000,000
AMERCAN EXPRESS CO 1/175
PUT-S PUT 0258169MO 1,706 1,500 SH PUT SOLE 1,500
AMERCAN EXPRESS CO 1/160
PUT-S PUT 0258169MY 350 1,000 SH PUT SOLE 1,000
ANADIGICS INC COM 032515108 17,766 376,500 SH SOLE 376,500
ANALOG DEVICES INC 1/75
CALL-G CALL 0326549AO 6,475 3,500 SH CALL SOLE 3,500
ANDREW CORP 1/17 CALL-D CALL 0344259AW 113 550 SH CALL SOLE 550
ANTEC CORP COM 03664P105 6,716 184,000 SH SOLE 184,000
ANTEC CORP 1/40 PUT-S PUT 03664P9MH 1,050 2,000 SH PUT SOLE 2,000
ANSWERTHINK CONSULTING GROUP COM 036916104 5,994 175,000 SH SOLE 175,000
APPLE COMPUTER INC 1/100
PUT-S PUT 0378349MT 2,320 3,200 SH PUT SOLE 3,200
APPLIED MATLS INC 1/120 PUT-M PUT 0382229MX 363 1,000 SH PUT SOLE 1,000
APPLIED MICRO CIRCUITS CORP COM 03822W109 60,444 475,000 SH SOLE 475,000
ARIBA INC COM 04033V104 17,738 100,000 SH SOLE 100,000
ART TECHNOLOGY GROUP, INC COM 04289L107 15,119 118,000 SH SOLE 118,000
ASPECT TELECOMM CORP 1/30
CALL-G CALL 04523Q9AF 3,850 4,000 SH CALL SOLE 4,000
ATMEL CORP 1/21.25 CALL-D CALL 0495139AT 2,588 3,000 SH CALL SOLE 3,000
ATMEL CORP 1/22.5 CALL-G CALL 0495139AX 5,338 7,000 SH CALL SOLE 7,000
BANK OF AMERICA CORPORATION
NEW 1/55 PUT-M PUT 06605F9MK 769 1,500 SH PUT SOLE 1,500
BE FREE INC COM 073308108 11,213 156,000 SH SOLE 156,000
BEA SYS INC COM 073325102 38,466 550,000 SH SOLE 550,000
BIOGEN INC 1/80 PUT-S PUT 0905979MP 375 1,500 SH PUT SOLE 1,500
BROADBASE SOFTWARE INC COM 11130R100 9,000 80,000 SH SOLE 80,000
BROADCOM CORP CL A 111320107 21,790 80,000 SH SOLE 80,000
BROADCOM CORP -CL A 1/180
CALL-S CALL 1113209AP 7,460 800 SH CALL SOLE 800
BROADCOM CORP-CL A 1/175
PUT-G PUT 1113209MO 40 800 SH PUT SOLE 800
BROCADE COMMUNICATION SYS INC. COM 111621108 31,860 180,000 SH SOLE 180,000
CBS CORP COM 12490K107 18,446 288,500 SH SOLE 288,500
CMGI 1/170 CALL-S CALL 1257569AN 24,300 2,250 SH CALL SOLE 2,250
CACHEFLOW INC COM 126946102 2,797 21,400 SH SOLE 21,400
CADENCE DESIGN SYS INC 1/17.5
CALL-M CALL 1273889AW 2,231 3,500 SH CALL SOLE 3,500
CALIFORNIA AMPLIFIER INC COM 129900106 4,473 170,000 SH SOLE 170,000
CALIPER TECHNOLOGIES CORP COM 130876105 3,004 45,000 SH SOLE 45,000
CAREINSITE INC COM 14170M106 12,357 153,500 SH SOLE 153,500
CARRIER ACCESS CORP 1/60
CALL-S CALL 1444609AL 2,100 2,000 SH CALL SOLE 2,000
CELESTICA INC 1/45 CALL-G CALL 15101Q9AI 6,600 6,000 SH CALL SOLE 6,000
CHARTER COMMUNICATIONS INC
DEL COM 16117M107 8,641 395,000 SH SOLE 395,000
CHASE MANHATTAN CORP 1/85
PUT-M PUT 1616129MQ 1,600 2,000 SH PUT SOLE 2,000
CHASE MANHATTAN CORP 1/80
PUT-M PUT 16161A9MP 213 500 SH PUT SOLE 500
CIENA CORP COM 171779101 46,288 805,000 SH SOLE 805,000
CIENA CORP 1/50 CALL-ML CALL 1717799AJ 5,000 5,000 SH CALL SOLE 5,000
CISCO SYS INC 1/85 PUT-MS PUT 1727519MQ 88 2,000 SH PUT SOLE 2,000
CISCO SYS INC COM 17275R102 21,425 200,000 SH SOLE 200,000
CITRIX SYS INC COM 177376100 14,576 118,500 SH SOLE 118,500
CLARENT CORP DEL COM 180461105 18,738 241,000 SH SOLE 241,000
AMERICA ONLINE INC DEL 1/72.5
PUT-S PUT 1879979MV 1,938 5,000 SH PUT SOLE 5,000
COLT TELECOM GROUP PLC SPONSORED
ADR 196877104 79,560 390,000 SH SOLE 390,000
CONCENTRIC NETWORK CORP COM 20589R107 2,475 90,000 SH SOLE 90,000
CONCORD COMMUNICATIONS INC
1/40 PUT-G PUT 2061869MH 131 500 SH PUT SOLE 500
CONCORD COMMUNICATIONS INC
1/45 PUT-G PUT 2061869MI 244 500 SH PUT SOLE 500
CONCURRENT COMPUTER CORP NEW COM 206710204 1,869 100,000 SH SOLE 100,000
CONEXANT SYSTEMS INC COM 207142100 59,738 900,000 SH SOLE 900,000
COPPER MTN NTWKS COM 217510106 10,969 225,000 SH SOLE 225,000
CORNING INC 1/115 CALL-G CALL 2193509AC 8,375 5,000 SH CALL SOLE 5,000
COVAD COMMUNICATIONS GROUP INC COM 222814204 18,180 325,000 SH SOLE 325,000
CUMMINS ENGINE INC 1/45 PUT-S PUT 2310229MI 188 2,000 SH PUT SOLE 2,000
CYTYC CORP COM 232946103 13,067 214,000 SH SOLE 214,000
DAVOX CORP 1/15 CALL -MS CALL 2392089AC 263 500 SH CALL SOLE 500
DAVOX CORP 1/20 CALL -MS CALL 2392089AD 200 1,000 SH CALL SOLE 1,000
DELL COMPUTER CORP 1/40 PUT-S PUT 2470259MH 75 4,000 SH PUT SOLE 4,000
DIGITAL MICROWAVE CORP COM 253859102 11,367 485,000 SH SOLE 485,000
DOUBLECLICK INC COM 258609304 37,959 150,000 SH SOLE 150,000
DOUBLECLICK INC 1/155 PUT-MS PUT 2586099MK 75 1,000 SH PUT SOLE 1,000
EMC CORP MASS 1/90 CALL-S CALL 2686489AR 3,056 1,500 SH CALL SOLE 1,500
E-STAMP CORP COM 269154100 1,836 82,500 SH SOLE 82,500
E-TEK DYNAMICS INC COM 269240107 40,388 300,000 SH SOLE 300,000
EFFICIENT NETWORKS INC COM 282056100 6,800 100,000 SH SOLE 100,000
ENZON INC COM 293904108 15,507 357,500 SH SOLE 357,500
EQUANT N.V. NY REG
SHRS 294409107 11,200 100,000 SH SOLE 100,000
ESPEED INC COM 296643109 12,447 350,000 SH SOLE 350,000
ESOFT INC COM 296904105 5,825 200,000 SH SOLE 200,000
EXTREME NETWORKS COM 30226D106 16,700 200,000 SH SOLE 200,000
F5 NETWORKS INC COM 315616102 11,400 100,000 SH SOLE 100,000
FIRST COM CORP COM 33763T104 7,166 195,000 SH SOLE 195,000
FOREST OIL CORP COM 346091606 4,748 360,000 SH SOLE 360,000
FOUNDRY NETWORKS INC COM 35063R100 23,833 79,000 SH SOLE 79,000
FREEMARKETS INC COM 356602102 8,533 25,000 SH SOLE 25,000
GATEWAY INC 1/90 PUT-DB PUT 3676209MR 1,850 1,000 SH PUT SOLE 1,000
GATEWAY INC 1/65 CALL-DB CALL 3676269AM 1,406 1,500 SH CALL SOLE 1,500
GENERAL INSTR CORP DEL COM 370120107 23,375 275,000 SH SOLE 275,000
GENESIS MICROCHIP INC 1/25
PUT-S PUT 3719339ME 694 1,500 SH PUT SOLE 1,500
GLOBAL TELESYSTEMS LABS COM 37936U104 27,700 800,000 SH SOLE 800,000
GLOBIX CORP COM 37957F101 6,000 100,000 SH SOLE 100,000
GOTO.COM INC COM 38348T107 3,173 54,000 SH SOLE 54,000
GRIC COMM INC COM 398081109 381 15,000 SH SOLE 15,000
GUIDANT CORP 1/55 PUT -S PUT 4016989MK 2,031 2,500 SH PUT SOLE 2,500
HNC SOFTWARE INC 1/75 CALL-G CALL 40425P9AO 4,125 1,250 SH CALL SOLE 1,250
HARBINGER CORP 1/17.5 CALL-G CALL 41145C9AW 7,875 5,000 SH CALL SOLE 5,000
HERSHEY FOODS CORP 1/55
PUT-MS PUT 4278669MK 763 1,000 SH PUT SOLE 1,000
HOMESTORE.COM INC COM 437852106 24,280 327,000 SH SOLE 327,000
ICG COMMUNICATIONS INC COM 449246107 12,188 650,000 SH SOLE 650,000
ITC DELTACOM INC COM 45031T104 13,260 480,000 SH SOLE 480,000
ITXC CORP COM 45069F109 7,229 215,000 SH SOLE 215,000
IMMERSION CORP COM 452521107 7,675 200,000 SH SOLE 200,000
INFOSPACE COM INC COM 45678T102 53,072 248,000 SH SOLE 248,000
INTEL CORP 1/80 PUT-MS PUT 4581439MP 656 2,500 SH PUT SOLE 2,500
INTERMEDIA COMMUNICATIONS
1/30 CALL-D CALL 4588039AF 3,600 4,000 SH CALL SOLE 4,000
INTL BUSINESS MACHS 1/120
PUT-M PUT 4592059MD 3,900 3,000 SH PUT SOLE 3,000
INTERNATIONAL RECTIFIER
1/22.5 CALL-M CALL 4602549AX 1,200 3,000 SH CALL SOLE 3,000
INTERNET CAPITAL GROUP INC COM 46059C106 17,000 100,000 SH SOLE 100,000
INTUIT 1/50 CALL-G CALL 4612029AJ 5,688 5,000 SH CALL SOLE 5,000
IONA TECHNOLOGIES PLC SPONSORED
ADR 46206P109 545 10,000 SH SOLE 10,000
JDS UNIPHASE CORP COM 46612J101 225,838 1,400,000 SH SOLE 1,400,000
JDS UNIPHASE CORP 1/100
CALL-G CALL 46612J9AT 4,384 700 SH CALL SOLE 700
JDS UNIPHASE CORP 1/110 PUT-G PUT 46612J9MB 400 4,000 SH PUT SOLE 4,000
JABIL CIRCUIT INC COM 466313103 8,213 112,500 SH SOLE 112,500
JUNIPER NETWORKS INC COM 48203R104 18,700 55,000 SH SOLE 55,000
KEMET CORP 1/40 CALL-SB CALL 4883609AH 313 500 SH CALL SOLE 500
LSI LOGIC CORP 1/65 PUT-M PUT 5021619MM 700 2,000 SH PUT SOLE 2,000
LAM RESEARCH CORP COM 512807108 26,775 240,000 SH SOLE 240,000
LATTICE SEMICONDUCTOR CORP
1/40 CALL-MS CALL 5184159AH 1,725 2,000 SH CALL SOLE 2,000
LEGATO SYS INC COM 524651106 16,171 235,000 SH SOLE 235,000
LEGATO SYS INC 1/75 PUT-M PUT 5246519MO 1,900 2,000 SH PUT SOLE 2,000
LEXMARK INTL GROUP 1/80 PUT-S PUT 5297719MP 638 3,000 SH PUT SOLE 3,000
LIQUID AUDIO INC COM 53631T102 3,938 150,000 SH SOLE 150,000
LOOKSMART LTD COM 543442107 7,358 272,500 SH SOLE 272,500
LUCENT TECHNOLOGIES 1/80
CALLS-S CALL 5494609AP 375 2,000 SH CALL SOLE 2,000
LUCENT TECHNOLOGIES 1/80
PUT-S PUT 5494619MP 1,350 2,000 SH PUT SOLE 2,000
LYCOS INC COM 550818108 24,664 310,000 SH SOLE 310,000
MCI WORLDCOM INC 1/53.33 PUT
(150SHRS)-M PUT 5526849MT 1,031 2,500 SH PUT SOLE 2,500
MCI WORLDCOM INC 1/56.5625
PUT (150SHRS) PUT 55268B9MX 984 1,500 SH PUT SOLE 1,500
THE MANAGEMENT NETWORK GROUP
INC COM 561693102 1,142 35,000 SH SOLE 35,000
MAXIM INTEGRATED PRODS INC COM 57772K101 18,875 400,000 SH SOLE 400,000
MAXIM INTEGRATED PRODS INC
1/45 PUT-S PUT 57772K9MI 300 2,000 SH PUT SOLE 2,000
MCLEODUSA INC COM 582266102 23,550 400,000 SH SOLE 400,000
MEDIAPLEX INC COM 58446B105 19,453 310,000 SH SOLE 310,000
MEDICAL MANAGER CORP NEW COM 58461U103 41,756 495,624 SH SOLE 495,624
MEDICAL MANAGER CORP NEW SUB DB
CONV 5%0 58461UAA1 8,750 7,650 SH SOLE 7,650
MEDTRONIC INC 1/45 PUT-S PUT 5850559MI 1,256 1,500 SH PUT SOLE 1,500
MERCK & CO 1/70 PUT-S PUT 5893349MN 775 2,000 SH PUT SOLE 2,000
MERRILL LYNCH & CO INC 1/80
PUT-S PUT 5901889MP 94 500 SH PUT SOLE 500
MERRILL LYNCH & CO INC 1/90
PUT-S PUT 5901889MR 1,550 2,000 SH PUT SOLE 2,000
METROMEDIA FIBRE NETWORK INC COM 591689104 98,272 2,050,000 SH SOLE 2,050,000
MICROSOFT CORP 1/100 CALL-MS CALL 5949189AT 875 500 SH CALL SOLE 500
MICRON TECHNOLOGY INC 1/65
PUT-MS PUT 5951159MM 175 2,000 SH PUT SOLE 2,000
MICRON TECHNOLOGY INC 1/70
PUT-MS PUT 5951159MN 363 2,000 SH PUT SOLE 2,000
MICRON TECHNOLOGY INC 1/80
PUT-MS PUT 5951159MP 550 1,000 SH PUT SOLE 1,000
MILLENNIUM PHARMACEUTICALS COM 599902103 8,517 69,809 SH SOLE 69,809
MISSION CRITICAL SOFTWARE INC COM 605047109 17,325 247,500 SH SOLE 247,500
J P MORGAN & CO 1/135 PUT-S PUT 6168809MG 519 500 SH PUT SOLE 500
J P MORGAN & CO 1/140 PUT-S PUT 6168809MH 2,138 1,500 SH PUT SOLE 1,500
MOTOROLA INC 1/140 CALL-MS CALL 6200799AH 3,938 3,000 SH CALL SOLE 3,000
NATIONAL INFO CONSORTIUM INC COM 636491102 6,336 198,000 SH SOLE 198,000
NAVISITE INC COM 63935M109 12,750 127,500 SH SOLE 127,500
NETOPIA INC COM 64114K104 20,639 380,000 SH SOLE 380,000
NETIQ CORP COM 64115P102 4,946 95,000 SH SOLE 95,000
NETWORK EQUIP TECHNOLOGIES SB DB CV
7.25%14 641208AA1 40 49,000 SH SOLE 49,000
NEWBRIDGE NETWORKS CORP
1/22.5 CALL-G CALL 6509019AX 531 2,500 SH CALL SOLE 2,500
NEWFIELD EXPL CO COM 651290108 4,548 170,000 SH SOLE 170,000
NEXTLINK COMMUNICATIONS INC COM 65333H707 22,427 270,000 SH SOLE 270,000
NORTEL NETWORKS CORP 1/90
CALL-S CALL 6565699AR 8,175 6,000 SH CALL SOLE 6,000
NORTHPOINT COMMUNICATIONS GRP COM 666610100 9,480 395,000 SH SOLE 395,000
NVIDIA CORP 1/40 CALL-MS CALL 67066G9AH 3,350 4,000 SH CALL SOLE 4,000
OBJECT DESIGN INC COM 674416102 2,175 150,000 SH SOLE 150,000
ONYX SOFTWARE CORP COM 683402101 4,903 132,500 SH SOLE 132,500
OPEN MKT INC COM 68370M100 13,989 310,000 SH SOLE 310,000
ORACLE CORP 1/75 PUT-ML PUT 68389X9MO 6 1,000 SH PUT SOLE 1,000
ORTEL CORP COM 68749W102 21,000 175,000 SH SOLE 175,000
P-COM INC COM 693262107 3,095 350,000 SH SOLE 350,000
PMC-SIERRA INC COM 69344F106 68,934 430,000 SH SOLE 430,000
PMC-SIERRA INC 1/100 PUT-MS PUT 69344F9MT 75 1,500 SH PUT SOLE 1,500
PACCAR INC 1/45 PUT-S PUT 6937189MI 563 2,500 SH PUT SOLE 2,500
PARAMETRIC TECHNOLOGY CORP
1/30 CALL-G CALL 6991739AF 581 3,000 SH CALL SOLE 3,000
PEREGRINE SYSTEMS INC COM 71366Q101 30,241 366,000 SH SOLE 366,000
PHARMACYCLICS INC COM 716933106 15,469 375,000 SH SOLE 375,000
PRECISION OPTICS CORP COM 740294103 881 50,000 SH SOLE 50,000
PREDICTIVE SYS INC COM 74036W102 9,825 150,000 SH SOLE 150,000
PREVIEW SYS INC COM 741379101 5,093 78,500 SH SOLE 78,500
QUALCOMM INC 1/100 PUT-S PUT 7475259MT 188 6,000 SH PUT SOLE 6,000
QUEST SOFTWARE INC COM 74834T103 10,200 100,000 SH SOLE 100,000
QUEST COMM INTL INC 1/40
CALL-S CALL 7491219AH 2,250 6,000 SH CALL SOLE 6,000
RF MICRO DEVICES INC 1/75
PUT-MS PUT 7499429MO 626 650 SH PUT SOLE 650
REALNETWORKS INC COM 75605L104 27,070 225,000 SH SOLE 225,000
REALNETWORKS INC 1/135 PUT-S PUT 75605L9MG 3,131 1,500 SH PUT SOLE 1,500
REDBACK NETWORKS INC. COM 757209101 44,375 250,000 SH SOLE 250,000
REMEC INC COM 759543101 15,797 619,500 SH SOLE 619,500
REMEDY CORP COM 759548100 28,425 600,000 SH SOLE 600,000
RESOURCEPHOENIX.COM INC COM 76122L106 632 32,000 SH SOLE 32,000
RHYTHMS NETCONNECTIONS INC COM 762430205 4,650 150,000 SH SOLE 150,000
SDL INC COM 784076101 84,802 389,000 SH SOLE 389,000
SCIENT CORP COM 80864H109 17,893 207,000 SH SOLE 207,000
SCIENTIFIC ATLANTA INC COM 808655104 19,556 350,000 SH SOLE 350,000
SCIENTIFIC ATLANTIC INC 1/50
PUT-S PUT 8086559MJ 325 2,000 SH PUT SOLE 2,000
SCIENTIFIC ATLANTIC INC 1/55
PUT-S PUT 8086559MK 625 2,000 SH PUT SOLE 2,000
SPINNAKER EXPL CO COM 84855W109 2,331 165,000 SH SOLE 165,000
STAMPS.COM INC COM 852857101 5,828 140,000 SH SOLE 140,000
STERLING COMM INC 1/30
CALL-MS CALL 8592059AF 769 1,500 SH CALL SOLE 1,500
STMICROELECTRONICS NV 1/125
PUT-S PUT 8610129ME 137 875 SH PUT SOLE 875
SUN MICROSYSTEMS INC 1/70
CALL-S CALL 8668109AN 4,750 5,000 SH CALL SOLE 5,000
SYCAMORE NETWORKS INC COM 871206108 27,720 90,000 SH SOLE 90,000
TSI INTERNATIONAL SOFTWARE
LTD COM 872879101 7,644 135,000 SH SOLE 135,000
TEKELEC 2/17.5 CALL-G CALL 8791019BW 550 1,000 SH CALL SOLE 1,000
TELECORP PCS INC COM 879299105 3,800 100,000 SH SOLE 100,000
TELLABS INC 1/70 PUT-MS PUT 8796679MN 774 1,050 SH PUT SOLE 1,050
TEXAS INSTRS INC COM 882508104 30,920 320,000 SH SOLE 320,000
TEXAS INSTRS INC 1/105 PUT-MS PUT 8825089MA 1,025 1,000 SH PUT SOLE 1,000
TEXAS INSTRS INC 1/95 PUT-MS PUT 8825089MS 713 1,500 SH PUT SOLE 1,500
TEXAS INSTRS INC 1/100 PUT-MS PUT 8825089MT 975 1,000 SH PUT SOLE 1,000
TICKETMASTER ONLINE CITY
SEARCH CL B 88633P203 8,648 225,000 SH SOLE 225,000
TIME WARNER TELECOM COM 887319101 24,969 500,000 SH SOLE 500,000
TRANSWITCH CORP COM 894065101 25,397 350,000 SH SOLE 350,000
TRICON GLOBAL RESTAURANTS
1/40 PUT-G PUT 8959539MH 703 2,500 SH PUT SOLE 2,500
TRICORD SYSTEMS INC COM 896121100 1,097 225,000 SH SOLE 225,000
TRIQUINT SEMICONDUCTOR INC COM 89674K103 27,813 250,000 SH SOLE 250,000
TRITEL INC COM 89675X104 3,169 100,000 SH SOLE 100,000
TRITON PCS HOLDINGS INC COM 89677M106 5,688 125,000 SH SOLE 125,000
TULARK INC COM 899165104 8,418 260,000 SH SOLE 260,000
TUMBLEWEED COMMINICATIONS CORP COM 899690101 7,204 85,000 SH SOLE 85,000
US LEC CORP CL A 90331S109 11,288 350,000 SH SOLE 350,000
USINTERNETWORKING 1/43.3
CALL-S(150 SHR) CALL 9173119AW 3,975 1,000 SH CALL SOLE 1,000
USWEB CORP 1/45 CALL-G CALL 9173279AI 1,219 3,250 SH CALL SOLE 3,250
VA LINUX SYSTEMS COM 91819B105 103 500 SH SOLE 500
VASTAR RES INC COM 922380100 7,965 135,000 SH SOLE 135,000
VERIO INC 1/40 CALL-ML CALL 9234339AH 1,906 2,500 SH CALL SOLE 2,500
VERITY INC COM 92343C106 19,153 450,000 SH SOLE 450,000
VIATEL INC COM 925529208 23,595 440,000 SH SOLE 440,000
VOICESTREAM WIRELESS CORP COM 928615103 23,482 165,000 SH SOLE 165,000
WARNER LAMBERT CO 1/80 CALL-D CALL 9344889AP 413 1,000 SH CALL SOLE 1,000
WESTERN DIGITAL CORP SB DB CV
ZERO 18 958102AH8 2,875 20,000,000 SH SOLE 20,000,000
WILLIAMS COMMUNICATIONS
GRP INC COM 969455104 8,681 300,000 SH SOLE 300,000
WINSTAR COMMUNICATIONS INC COM 975515107 32,121 429,000 SH SOLE 429,000
WOMEN.COM NETWORKS INC COM 978149102 2,280 160,000 SH SOLE 160,000
XILINX INC 1/42.5 PUT-MS PUT 9839119MV 759 4,500 SH PUT SOLE 4,500
XILINX INC COM 983919101 27,281 600,000 SH SOLE 600,000
XIRCOM INC 1/55 PUT-SB PUT 9839229MK 63 2,000 SH PUT SOLE 2,000
KPNQUEST NV COM N50919104 14,344 225,000 SH SOLE 225,000
243
2,891,325 58,965,308
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