UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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: 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 May 12, 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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 10
Form 13F Information Table Value Total: $6,259
(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
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------- ---------- ----------- ---------- ------------ --------- -------- ----------
VOTING
AUTHORITY
NAME OF VALUE SHRS/ SH/ PUT/ INVESTMENT OTHER (SOLE/SHARED/
ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS NONE)
------- -------------- ----------- --------- ---------------- ---------- -------- ------------
<S> <C> <C> <C> <C> <C> <C> <C>
ALGOMA STL INC COM 01566M105 351 148800 SH DEFINED 1 148800 SOLE
ARCH SDBCV144A6.7 039381AA6 898 2041000 PRN DEFINED 1 2041000 SOLE
COMMUNICATIONS
GRO
CENTURY COM 156492100 266 250000 SH DEFINED 1 250000 SOLE
CASINOS INC
FIRST COM 318653102 758 125100 SH DEFINED 1 125100 SOLE
AUSTRALIA
PRIME INCO
GENESIS HEALTH COM 371912106 253 45000 SH DEFINED 1 45000 SOLE
VENTURES IN
JPS TEXTILE COM 46624E405 348 73311 SH DEFINED 1 73311 SOLE
GROUP INC
LTV CORP NEW COM 501921100 550 100000 SH DEFINED 1 100000 SOLE
NEW SOUTH COM 64880R101 1065 106500 SH DEFINED 1 106500 SOLE
AFRICA FD INC
PAMIDA HLDGS COM 697642106 292 75400 SH DEFINED 1 75400 SOLE
CORP
REVLON INC CLA 761525500 1477 77500 SH DEFINED 1 77500 SOLE
COLUMN TOTALS 10 DATA RECORDS 6259 1 OTHER MANAGER ON WHOSE BEHALF REPORT IS FILED
</TABLE>
