UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FROM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 29, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing the Report:
Name: Emerging Growth Advisors, Inc.
Address: World Trade Center Baltimore
401 E. Pratt St., Suite 211
Baltimore, MD 21202-3041
13F File Number: 28-6448
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 the Report on Behalf of Reporting Manager:
Name: Peter S. Welles
Title: President
Phone: 410-332-1021
Signature, Place, and Date of Signing:
Peter S. Welles Baltimore, MD October 18,2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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: 58
Form 13F Information Table Value Total: $370,939
List of Other Included Managers: None
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FORM 13F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column8
VALUE SHARES/ SH/PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLAS CUSIP (x$1000) PRN AMT PRNCALL DISCRETION MANAGERS SOLE SHARED NONE
AES Corp Common 00130H105 7,590 110,800sh sole 110,800
ATMI, Inc. Common 00207R101 7,106 304,000sh sole 304,000
Accrue Software Inc. Common 00437W102 3,581 300,000sh sole 300,000
Adaptec, Inc. Common 00651F108 1,406 70,300sh sole 70,300
Advantage Learning SystCommon 00757K100 18,408 525,000sh sole 525,000
Aspect Communications Common 045237104 9,075 440,000sh sole 440,000
Atmel Corp. Common 049513104 1,537 101,200sh sole 101,200
Atrix Laboratories, IncCommon 04962L101 731 50,000sh sole 50,000
AXENT Technologies, IncCommon 05459C108 3,234 150,000sh sole 150,000
Bio-Plexus Inc. Common 09057C106 213 100,000sh sole 100,000
Carnival Corp. Class A 143658102 1,478 60,000sh sole 60,000
Checkpoint Sys Inc. Common 162825103 3,101 410,000sh sole 410,000
Comverse Technology Common 205862402 25,661 237,600sh sole 237,600
Dallas Semiconductor CoCommon 235204104 8,219 250,000sh sole 250,000
Documentum, Inc. Common 256159104 13,396 165,000sh sole 165,000
Dollar Tree Stores Inc.Common 256747106 2,738 67,500sh sole 67,500
Dura Pharmaceuticals Common 26632S109 1,344 38,000sh sole 38,000
E M C Corp Mass Common 268648102 19,825 200,000sh sole 200,000
Eateries Inc. Common 277851101 406 100,000sh sole 100,000
Elan PLC ADR 284131208 3,285 60,000sh sole 60,000
Epicor Software Corp. Common 29426L108 834 238,200sh sole 238,200
Flow International CorpCommon 343468104 3,263 300,000sh sole 300,000
Fortel Inc. Common 349550103 1,1161,050,000sh sole 1,050,000
GenRad, Inc. Common 372447102 2,203 200,300sh sole 200,300
Health Mgmt Assoc Inc NClass A 421933102 2,706 130,000sh sole 130,000
Innoveda Inc. Common 45769F102 816 225,000sh sole 225,000
JDS Uniphase Corp. Common 46612J101 42,136 445,000sh sole 445,000
JPM Company Common 4659331098 1,060 195,000sh sole 195,000
KV Pharmaceutical Co Class A 482740206 5,332 151,800sh sole 151,800
Kensey Nash Corp. Common 490057106 4,875 375,000sh sole 375,000
Legato Systems Common 524651106 10,078 750,000sh sole 750,000
Lo Jack Corp. Common 539451104 3,124 420,000sh sole 420,000
Mapics, Inc Common 564910107 439 65,000sh sole 65,000
Mexican Resturants Common 59283R104 206 75,000sh sole 75,000
Microsoft Corporation Common 594918104 2,443 40,500sh sole 40,500
Molecular Devices Corp Common 60851C107 25,683 261,400sh sole 261,400
Navidec Inc. Common 63934Q101 717 92,500sh sole 92,500
Network Appliances Inc Common 64120l104 40,123 315,000sh sole 315,000
Nextel Comm Inc. Class A 65332V103 8,415 180,000sh sole 180,000
Novellus Systems Inc. Common 670008101 880 18,900sh sole 18,900
Orthodontic Centers of Common 68750P103 3,331 100,000sh sole 100,000
P- Com Inc. Common 693262107 994 150,000sh sole 150,000
Pinnacle Systems Inc. Common 723481107 6,975 620,000sh sole 620,000
Planar Systems Common 726900103 5,588 300,000sh sole 300,000
Project Software Common 74339P101 6,296 405,000sh sole 405,000
ProsoftTraining.com Common 743477101 7,054 495,000sh sole 495,000
ProsoftTraining.com Unregistered 743477101 2,565 180,000sh sole 180,000
Proxim, Inc. Common 744284100 8,010 180,000sh sole 180,000
QRS Corp. Common 74726X105 4,519 300,000sh sole 300,000
Sawtek Inc. Common 805468105 5,777 150,000sh sole 150,000
SymmetriCom, Inc. Common 871543104 14,063 900,000sh sole 900,000
Systemone Technologies,Common 87187Q104 238 100,000sh sole 100,000
TJX Cos Inc new Common 872540109 2,250 100,000sh sole 100,000
Tower Automotive Inc. Common 891707101 656 70,000sh sole 70,000
Transcrypt Intl Inc. Common 89363A101 584 374,000sh sole 374,000
UroCor, Inc. Common 91727P105 880 110,000sh sole 110,000
Verilink Common 923432108 2,313 500,000sh sole 500,000
Wind River Systems, IncCommon 973149107 10,067 210,000sh sole 210,000
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