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 Amendment [ ]; Amendment Number:_____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Global Capital Management, Inc.
Address: 601 Carlson Parkway, Suite 200
Minnetonka, Minnesota 55305
Form 13F File Number: 28-7050
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: John D. Brandenborg
Title: President
Phone: (612) 476-7200
Signature, Place, and Date of Signing:
/s/John D. Brandenborg Minnetonka, Minnesota August 11, 1999
------------------------
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 9
Form 13F Information Table Value Total: $27,314
(thousands)
Pursuant to Regulation 240.24b-2(b) of the Securities Exchange Act of
1934, please be advised that the Institutional Investment Manager
filing this Report has omitted and filed separately with the
Commission a portion of this Form 13F for which it has requested
confidential treatment.
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this
report is filed, other than the manager filing this report.
No. Form 13F File Number Name
1 28-7048 EBF & Associates, L.P.
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<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------- ------------ ------------ ------------ ------------------ ----------- ---------- -----------
VOTING
AUTHORITY
(SOLE/
NAME OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER SHARED/
ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS NONE)
------------- ------------ ------------ ----------- ------------------- ----------- ---------- -----------
ALGOMA STL INC COM 01566M105 639 298800 SH DEFINED 1 2948800
SOLE
CENTURY COM 156492100 399 319100 SH DEFINED 1 319100
CASINOS INC SOLE
GENESIS COM 371912106 354 90000 SH DEFINED 1 90000
HEALTH SOLE
VENTURES
GRUPO ADR REP D 40049W207 5753 481900 SH DEFINED 1 481900
IUSACELL SA SOLE
DE CV
HALTER MARINE SR SB 40642YAC9 2745 4500000 PRN DEFINED 1 4500000
GROUP INC SOLE
JPS TEXTILE COM 46624E405 270 73311 SH DEFINED 1 73311
GROUP INC SOLE
LTV CORP NEW COM 501921100 959 155000 SH DEFINED 1 155000
SOLE
MBL INTL FIN GTD NT EXCH 55262XAA2 14224 12700000 PRN DEFINED 1 12700000
BERMUDA TR SOLE
REVLON INC CLA 761525500 2030 72500 SH DEFINED 1 72500
SOLE
COLUMN TOTALS 9 DATA RECORDS 27314 1 OTHER MANAGER ON WHOSE BEHALF REPORT IS FILED
</TABLE>
