Form 13F
Report for the Calendar Year or Quarter Ended: 12/31/99
Check here if Amendment [ ]; Amendment Number:
This amendment (Check only one): [ ] is a restatment.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Paradigm Capital Management
Address: 9 Elk Street
Albany, New York 12207
13F File Number: 28-7092
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: Peter E. Bulger
Title: SVP
Phone: 518-431-3500
Signature, Place and Date of Signing:
Peter E. Bulger Albany NY 1/30/00
Report Type (Check only one.):
[ ] 13F Holdings Report.
[ ] 13F Notice.
[x ] 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.
/ Peter E. Bulger
Paradigm Capital Management, Inc.
Form 13F SUMMARY PAGE
Report Summary: for Paradigm Capital Management
File # 28-7092
Number of other Included Managers: 0
Form 13F Informational Table Entry Total: 141
Form 13F Informational Table Value Total: $485,268,798
List of Ohter Included Managers:
<TABLE>
FORM 13F INFORMATION TABLE
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A C Moore Arts & Crafts Inc. COM 00086t103 904 155500 SH SOLE 154500 1000
Abbott Laboratories COM 002824100 810 22300 SH SOLE 22300
Act Manufacturing COM 000973107 28414 757700 SH SOLE 135600 622100
Advo Inc. COM 007585102 1439 60600 SH SOLE 60600
Albany Intl 'A' COM 012348108 5090 328410 SH SOLE 328410
Amer Precision Indus COM 029069101 3041 357800 SH SOLE 10000 357800
Amer Woodmark COM 030506109 6858 282800 SH SOLE 282800
Angelica Corp COM 034663104 1380 141500 SH SOLE 141500
Apogee Enterprises COM 037598109 1052 207900 SH SOLE 20000 207900
Artesyn Technologies Inc. COM 043127109 2764 131600 SH SOLE 131600
Aviall Inc COM 05366b102 1161 141800 SH SOLE 50000 141800
Avid Technology COM 05367p100 6820 522100 SH SOLE 120000 402100
BHA Group'A' COM 055446108 1368 173725 SH SOLE 173725
BMC Software COM 055921100 240 3000 SH SOLE 3000
Bacou USA Inc COM 056439102 2878 191100 SH SOLE 191100
Baldwin Technology'A' COM 058264102 2408 1133100 SH SOLE 1133100
Baxter International COM 071813109 546 8700 SH SOLE 8700
Bell Atlantic Corp COM 077853109 308 5000 SH SOLE 5000
Bell Microprojects COM 078137106 1477 134300 SH SOLE 14300 120000
Blair Corp COM 092828102 1539 109900 SH SOLE 12200 109900
Bogen Communications Intl COM 097189104 495 63900 SH SOLE 63900
Brush Wellman COM 117421107 7125 423800 SH SOLE 4300 423800
Bush Indus Cl'A' COM 123164105 4938 287300 SH SOLE 70000 217300
C & D Technologies COM 124661109 35758 841375 SH SOLE 122900 718475
CPAC Inc COM 126145101 797 98100 SH SOLE 98100
CSS Industries COM 125906107 5656 264600 SH SOLE 264600
Carlisle Cos COM 142339100 10260 285000 SH SOLE 10000 285000
Chemfab Corp COM 16361l102 2752 176100 SH SOLE 176100
Ciprico Inc COM 172529109 312 27000 SH SOLE 27000
Cold Metal Products COM 192861102 649 192400 SH SOLE 192400
Colgate-Palmolive COM 194162103 1924 29600 SH SOLE 29600
Columbus McKinnon Corp. COM 199333105 4769 471000 SH SOLE 65000 471000
Concorde Camera COM 206156101 1542 67800 SH SOLE 67800
Cooker Restaurant Corp COM 216284208 45 15500 SH SOLE 14500 1000
Crane Co COM 224399105 8893 447450 SH SOLE 60000 387450
DII Group COM 232949107 12036 169600 SH SOLE 60000 109600
Datum Inc COM 238208102 390 40500 SH SOLE 20000 20500
Donnelly Corp Cl'A' COM 257870105 1448 103400 SH SOLE 103400
ENCAD Inc COM 292503109 669 140000 SH SOLE 90000 50000
Electro Rent COM 285218103 4057 349000 SH SOLE 20000 329000
Enesco Group Inc COM 292973104 2347 212200 SH SOLE 4000 212200
Ensco International Inc. COM 26874q100 239 10450 SH SOLE 10450
Esterline Technologies COM 297425100 1497 129500 SH SOLE 10000 119500
Evans & Sutherland Computer COM 299096107 1395 122000 SH SOLE 28000 94000
Farr Co COM 311648109 1560 160050 SH SOLE 160050
Fibermark Inc COM 315646109 4021 342200 SH SOLE 342200
First Aviation Services COM 31865w108 348 70400 SH SOLE 70400
Friedman's Inc'A' COM 358438109 2028 270400 SH SOLE 270400
General Electric COM 369604103 1736 11220 SH SOLE 11220
Gerber Scientific COM 373730100 7391 336900 SH SOLE 10000 336900
Gillette Co COM 375766102 824 20000 SH SOLE 20000
Hadco Corp COM 404681108 6084 119300 SH SOLE 24000 95300
Harmon Indus COM 413136102 1484 122400 SH SOLE 122400
Haverty Furniture Co COM 419596101 2457 194600 SH SOLE 194600
Hawk Corp Cl A COM 420089104 1621 278900 SH SOLE 278900
Healthcare Svcs COM 421906108 847 121000 SH SOLE 121000
Helen of Troy COM g4388n106 435 60000 SH SOLE 60000
Hewlett-Packard COM 428236103 1456 12800 SH SOLE 12800
Hollinger Intl Cl A COM 435569108 131 10100 SH SOLE 10100
Hunt Mfg COM 445591100 2401 252700 SH SOLE 10000 252700
Hussman International Inc. COM 448110106 5541 367900 SH SOLE 75000 292900
Huttig Building COM 448451104 1833 371199 SH SOLE 105555 265644
ICT Group Inc COM 44929y101 1797 146700 SH SOLE 146700
Information Resources COM 456905108 1361 147100 SH SOLE 147100
Intl Business Machines COM 459200101 410 3800 SH SOLE 3800
Jabil Circuit COM 466313103 12717 174200 SH SOLE 174200
John B Sanfilippo & Son Inc COM 800422107 414 103500 SH SOLE 63500 40000
Johnson & Johnson COM 478160104 3739 40100 SH SOLE 40100
Jos.A. Bank Clothiers COM 480838101 1807 602500 SH SOLE 207800 394700
K-Tron Intl COM 482730108 2785 206300 SH SOLE 206300
Katy Inds COM 486026107 747 86000 SH SOLE 86000
Lifetime Hoan Corp COM 531926103 445 84800 SH SOLE 84800
Lydall Inc COM 550819106 3083 465400 SH SOLE 465400
Mark IV Industries COM 570387100 5583 315620 SH SOLE 315620
Mazel Stores COM 578792103 1730 187000 SH SOLE 60000 127000
Media 100 Inc COM 58440w105 10855 410600 SH SOLE 170000 240600
Medtronic Inc. COM 585055106 729 20000 SH SOLE 20000
Merck & Co COM 589331107 1887 28080 SH SOLE 28080
Merix Corp COM 590049102 7515 683200 SH SOLE 229200 454000
Mestek Inc COM 590829107 2412 119100 SH SOLE 119100
Micrografx Inc COM 595077108 131 30000 SH SOLE 30000
Microsemi Corp COM 595137100 2221 250200 SH SOLE 250200
Monro Muffler Brake COM 610236101 5143 685763 SH SOLE 685763
Musicland Stores COM 62758b109 2245 266100 SH SOLE 60000 206100
Myers Inds Inc COM 628464109 2733 173500 SH SOLE 173500
Nash Finch Co COM 631158102 1149 180300 SH SOLE 180300
Nashua Corp COM 631226107 1173 156400 SH SOLE 156400
Neomagic Corp COM 640497103 926 84700 SH SOLE 84700
Objective Systems Integrators COM 674424106 73 11000 SH SOLE 11000
Oneida Ltd COM 682505102 6355 292200 SH SOLE 292200
Optika Inc COM 683973101 387 27800 SH SOLE 27800 27800
Patrick Indus COM 703343103 1201 129800 SH SOLE 20000 109800
Penn Engr & Mfg COM 707389300 4900 211900 SH SOLE 211900
PepsiCo Inc COM 713448108 725 20557 SH SOLE 20557
Perceptron COM 71361f100 552 138100 SH SOLE 138100
Pier 1 Imports Inc COM 720279108 4510 707500 SH SOLE 150000 557500
Pinnacle Systems COM 723481107 10534 258900 SH SOLE 258900
Plexus Corp COM 729132100 13156 299000 SH SOLE 26800 272200
Policy Management Systems Inc. COM 731108106 1022 40000 SH SOLE 40000
Power One Inc COM 739308104 1736 37900 SH SOLE 37900
PrimeSource Corp COM 741593107 1511 318200 SH SOLE 318200
Printronix Inc COM 742578107 3745 164600 SH SOLE 20000 144600
Procter & Gamble COM 742718109 1150 10500 SH SOLE 10500
Provantage Health Svcs Inc. COM 743725103 2970 332300 SH SOLE 100000 232300
R & B Inc COM 749124103 814 176100 SH SOLE 176100
R&B Falcon Corp COM 74912e101 146 11000 SH SOLE 11000
Radisys Corp COM 750459109 765 15000 SH SOLE 15000
RemedyTemp Inc - Cl A COM 759549108 3532 185900 SH SOLE 185900
Richardson Electr COM 763165107 1180 157300 SH SOLE 157300
Rite Aid COM 767754104 142 12800 SH SOLE 12800
Robotic Vision Systems Inc. COM 771074101 734 79400 SH SOLE 58100 21300
Rogers Corp COM 775133101 7964 208200 SH SOLE 208200
Rogue Wave Software Inc COM 775369101 1844 230500 SH SOLE 20000 210500
Rohn Inds COM 775381106 828 287900 SH SOLE 287900
Roy F Weston Cl A COM 961137106 519 251700 SH SOLE 251700
Ryans Family Steak Houses Inc. COM 783519101 463 54500 SH SOLE 54500
SBS Technologies COM 78387p103 1942 53200 SH SOLE 53200
SED Intl Holdings COM 784109100 326 140900 SH SOLE 140900
Safety 1st Inc COM 786475103 664 88600 SH SOLE 6000 88600
Salton Inc COM 795757103 9262 277000 SH SOLE 50000 227000
Sanmina Corp COM 800907107 2697 27000 SH SOLE 27000
Scott Technologies Inc COM 810022301 5617 297600 SH SOLE 297600
Shopko Stores COM 824911101 10504 456700 SH SOLE 456700
Sizzler International COM 830139101 425 169900 SH SOLE 169900
Software Spectrum COM 833960107 499 28200 SH SOLE 28200
Solectron Corp COM 834182107 15853 166659 SH SOLE 10200 156459
Spectrum Control COM 847615101 2351 221300 SH SOLE 221300
Sterile Recoveries COM 859151102 731 106300 SH SOLE 104300 2000
Sterling Commerce COM 859205106 1360 40000 SH SOLE 40000
Sterling Software COM 859547101 222 7050 SH SOLE 7050
Sybase Inc. COM 871130100 302 17750 SH SOLE 17750
Sylvan Inc COM 871371100 1122 132000 SH SOLE 132000
Symantec Corp COM 871503108 32115 547800 SH SOLE 150000 397800
Technitrol COM 878555101 11054 248400 SH SOLE 248400
Total Renal Care COM 891510107 134 20000 SH SOLE 20000
Trans World Entertainment COM 89336q100 6929 659900 SH SOLE 194400 465500
Trenwick Re COM 895290104 1700 100371 SH SOLE 100371
Trustco Bank Corp COM 898349105 401 30258 SH SOLE 30258
Tuscarora Inc COM 900902107 1747 144050 SH SOLE 144050
Urocor Inc. COM 91727p105 357 85300 SH SOLE 85300
Waste Mgmt COM 94106l109 ? 2554 SH SOLE 2554
Windmere Durable Holdings COM 973411101 2606 153300 SH SOLE 42300 111000
</TABLE>