UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
"Washington, D.C. 20549"
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: "September 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: Stonington Management Corporation
"Address: 712 Fifth Avenue, 36th floor"
" New York, NY 10019"
13F File Number:
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that "the person signing this report is authorized
to submit it, that all information contained herein is true, correct and"
"complete, and that it is understood that all reqired items, statements,
schedules, lists, and tables, are considered" integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Paul Singer
Phone: 212-974-6000
"Signature, Place, and Date of Signing:"
" Paul Singer New York, New York November 8, 1999"
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 AND EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 228
Form 13F Information Table Value Total: "$1,079,132,847 "
List of Other Included Managers:
No. 13F File Number Name
" 01 28-4724 ELLIOTT ASSOCIATES, L.P."
" 02 28-6628 WESTGATE INTERNATIONAL, L.P."
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C>
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
- -----------------------------------------------------------------------------------------------------------------------------------
QUALCOMM INC COM 747525103 9,456,250 50,000 SH P DEFINED 01 0 50,000 0
AMERICAN REAL
ESTATE PARTNR LP DEPOSITRY UNIT 029169109 1,127,100 132,600 SH DEFINED 01 0 132,600 0
AMERITRADE HLDG CORP SB NT CV 144A 04 03072HAA7 2,180,625 3,000 PRN DEFINED 01 0 3,000 0
AMAZON COM INC COM 023135106 595,534 7,450 SH DEFINED 01 0 7,450 0
AMERICA ONLINE INC DEL COM 02364J104 15,609,375 150,000 SH P DEFINED 01 0 150,000 0
AMERICA ONLINE INC DEL COM 02364J104 1,446,469 13,900 SH DEFINED 01 0 13,900 0
ASIA PAC FD INC COM 044901106 223,128 24,792 SH DEFINED 01 0 24,792 0
ATLANTIC RICHFIELD CO COM 048825103 753,313 8,500 SH DEFINED 01 0 8,500 0
ASHANTI GOLDFIELDS LTD GLOB DEP RCPT 043743202 1,825,779 231,845 SH DEFINED 01 0 231,845 0
AMERICAN EXPRESS CO COM 025816109 13,500,000 100,000 SH P DEFINED 01 0 100,000 0
ALZA CORP DEL COM 022615108 3,425,000 80,000 SH DEFINED 01 0 80,000 0
BID COM INTERNATIONAL
INC COM 088788104 1,037,813 205,000 SH DEFINED 01 0 205,000 0
BAKER FENTRESS & CO COM 057213100 1,056,463 75,800 SH DEFINED 01 0 75,800 0
BRISTOL MYERS SQUIBB CO COM 110122108 3,375,000 50,000 SH P DEFINED 01 0 50,000 0
BRT RLTY TR SH BEN INT NEW 055645303 149,256 16,700 SH DEFINED 01 0 16,700 0
BLUEGREEN CORP COM 096231105 547,433 115,249 SH DEFINED 01 0 115,249 0
CALIFORNIA FED BK FSB
LOS ANGL 2ND CONT LITIG 130209703 19,631 17,450 SH DEFINED 01 0 17,450 0
CIENA CORP COM 171779101 1,792,725 49,200 SH DEFINED 01 0 49,200 0
COLGATE PALMOLIVE CO COM 194162103 4,575,000 100,000 SH P DEFINED 01 0 100,000 0
CHASE MANHATTAN CORP
NEW COM 16161A108 7,537,500 100,000 SH P DEFINED 01 0 100,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,082,813 2,500 PRN DEFINED 01 0 2,500 0
CENTRAL PAC MINERALS NL ADR NEW 154762306 154,862 15,390 SH DEFINED 01 0 15,390 0
CASE CORP COM 14743R103 4,154,363 83,400 SH C DEFINED 01 0 83,400 0
CONSOLIDATED TOMOKA
LD CO COM 210226106 137,660 10,197 SH DEFINED 01 0 10,197 0
DELIA*S INC COM 246885107 644,063 103,050 SH DEFINED 01 0 103,050 0
DELL COMPUTER CORP COM 247025109 4,181,250 100,000 SH P DEFINED 01 0 100,000 0
E M C CORP MASS COM 268648102 4,282,500 60,000 SH P DEFINED 01 0 60,000 0
IXNET INC COM 46601C109 150,625 10,000 SH DEFINED 01 0 10,000 0
FEDERATED DEPT STORES
INC DEL COM 31410H101 10,101,249 231,216 SH DEFINED 01 0 231,216 0
FEDERATED DEPT STORES
INC DEL WT D EX 121901 31410H127 1,750,100 94,600 SH DEFINED 01 0 94,600 0
GAYLORD CONTAINER CORP CL A 368145108 95,796 13,445 SH DEFINED 01 0 13,445 0
GENERAL ELEC CO COM 369604103 23,712,500 200,000 SH P DEFINED 01 0 200,000 0
GOLDEN ST BANCORP INC WT EXP 082100 381197128 263,781 36,700 SH DEFINED 01 0 36,700 0
GOLDEN ST BANCORP INC WT EXP 000000 381197136 1,468,411 1,204,850 SH DEFINED 01 0 1,204,850 0
GANTOS INC NEW COM NEW 36473U204 64,166 51,333 SH DEFINED 01 0 51,333 0
GATEWAY INC COM 367626108 594,000 13,500 SH DEFINED 01 0 13,500 0
GATEWAY INC COM 367626108 2,200,000 50,000 SH P DEFINED 01 0 50,000 0
HORIZON OFFSHORE INC COM 44043J105 35,066,240 4,383,280 SH DEFINED 01 0 4,383,280 0
ACTV INC COM 00088E104 3,073,937 220,709 SH DEFINED 01 0 220,709 0
INTERNATIONAL
BUSINESS MACHS COM 459200101 24,200,000 200,000 SH P DEFINED 01 0 200,000 0
ICN PHARMACEUTICALS
INC NEW COM 448924100 1,466,455 85,321 SH DEFINED 01 0 85,321 0
ICO GLOBAL COMM HLDGS ORD G4705T109 1,032,500 413,000 SH DEFINED 01 0 413,000 0
INTERDIGITAL
COMMUNICATIONS CP COM 45866A105 283,800 51,600 SH DEFINED 01 0 51,600 0
IDT CORP COM 448947101 2,788,900 133,600 SH DEFINED 01 0 133,600 0
IMPERIAL SUGAR CO NEW COM 453096109 936,065 152,827 SH DEFINED 01 0 152,827 0
INTEL CORP COM 458140100 26,009,375 350,000 SH P DEFINED 01 0 350,000 0
INTEL CORP COM 458140100 1,857,813 25,000 SH DEFINED 01 0 25,000 0
IPC COMMUNICATIONS INC COM NEW 44980K206 3,118,050 50,700 SH DEFINED 01 0 50,700 0
JONES INTERCABLE INC CL A 480206200 742,500 13,750 SH DEFINED 01 0 13,750 0
MORGAN J P & CO INC COM 616880100 16,429,150 143,800 SH P DEFINED 01 0 143,800 0
KANEB SERVICES INC COM 484170105 111,650 23,200 SH DEFINED 01 0 23,200 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 7,593,320 461,600 SH DEFINED 01 0 461,600 0
CHECK POINT SOFTWARE
TECH LTD ORD M22465104 4,212,500 50,000 SH P DEFINED 01 0 50,000 0
COCA COLA CO COM 191216100 2,412,500 50,000 SH DEFINED 01 0 50,000 0
COCA COLA CO COM 191216100 7,237,500 150,000 SH P DEFINED 01 0 150,000 0
KOREA TELECOM SPONSORED ADR 50063P103 7,959,810 215,130 SH DEFINED 01 0 215,130 0
MCI WORLDCOM INC COM 55268B106 10,771,875 150,000 SH P DEFINED 01 0 150,000 0
LTV CORP NEW COM 501921100 588,620 108,252 SH DEFINED 01 0 108,252 0
LADY LUCK GAMING CORP COM PAR $0.006 505820308 177,204 22,865 SH DEFINED 01 0 22,865 0
LUCENT TECHNOLOGIES INC COM 549463107 9,731,250 150,000 SH P DEFINED 01 0 150,000 0
METRICOM INC COM 591596101 228,849 10,087 SH DEFINED 01 0 10,087 0
METRICOM INC COM 591596101 326,995 14,413 SH DEFINED 01 0 14,413 0
M D C HLDGS INC COM 552676108 679,875 42,000 SH DEFINED 01 0 42,000 0
MERRILL LYNCH & CO INC COM 590188108 1,751,750 26,000 SH DEFINED 01 0 26,000 0
MERRILL LYNCH & CO INC COM 590188108 6,737,500 100,000 SH P DEFINED 01 0 100,000 0
METROMEDIA INTL
GROUP INC COM 591695101 754,463 182,900 SH DEFINED 01 0 182,900 0
MICROSOFT CORP COM 594918104 74,714,063 825,000 SH P DEFINED 01 0 825,000 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 18,015,875 202,000 SH P DEFINED 01 0 202,000 0
BAYCORP HLDGS CORP COM 072728108 5,137,968 856,328 SH DEFINED 01 0 856,328 0
BAYCORP HLDGS CORP COM 072728108 227,286 37,881 SH DEFINED 01 0 37,881 0
MEXICO FD INC COM 592835102 4,468,781 320,630 SH DEFINED 01 0 320,630 0
NAVISTAR INTL CORP NEW COM 63934E108 232,500 5,000 SH DEFINED 01 0 5,000 0
U S OFFICE PRODS CO COM NEW 912325305 529,678 152,700 SH DEFINED 01 0 152,700 0
OXFORD HEALTH PLANS INC COM 691471106 1,562,500 125,000 SH P DEFINED 01 0 125,000 0
PAUL HARRIS STORES INC COM NEW 703555201 87,200 21,800 SH DEFINED 01 0 21,800 0
PITNEY BOWES INC COM 724479100 9,140,625 150,000 SH P DEFINED 01 0 150,000 0
QUEBECOR PRINTING INC SUB VTG 747922102 361,266 15,750 SH DEFINED 01 0 15,750 0
POINT WEST CAP CORP COM 730715109 122,563 18,500 SH DEFINED 01 0 18,500 0
CMGI INC COM 125750109 11,275,000 110,000 SH P DEFINED 01 0 110,000 0
INFOSEEK CORP COM 45678M107 616,250 20,000 SH C DEFINED 01 0 20,000 0
CNET INC COM 125945105 1,118,750 20,000 SH C DEFINED 01 0 20,000 0
SAPIENT CORP COM 803062108 2,356,250 25,000 SH P DEFINED 01 0 25,000 0
REALNETWORKS INC COM 75605L104 10,450,000 100,000 SH P DEFINED 01 0 100,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,333,125 45,000 SH C DEFINED 01 0 45,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,185,000 40,000 SH P DEFINED 01 0 40,000 0
LYCOS INC COM 550818108 2,506,250 50,000 SH C DEFINED 01 0 50,000 0
EBAY INC COM 278642103 3,525,000 25,000 SH C DEFINED 01 0 25,000 0
INKTOMI CORP COM 457277101 1,800,000 15,000 SH C DEFINED 01 0 15,000 0
AMAZON COM INC COM 023135106 10,871,500 136,000 SH P DEFINED 01 0 136,000 0
RED HAT INC COM 756577102 1,391,094 14,500 SH DEFINED 01 0 14,500 0
RICHMONT MINES INC COM 76547T106 980,688 461,500 SH DEFINED 01 0 461,500 0
REALNETWORKS INC COM 75605L104 820,325 7,850 SH DEFINED 01 0 7,850 0
SAPIENT CORP COM 803062108 405,275 4,300 SH DEFINED 01 0 4,300 0
SALOMON BROTHERS FD INC COM 795477108 304,763 16,200 SH DEFINED 01 0 16,200 0
SCHWAB CHARLES CORP NEW COM 808513105 1,375,953 41,150 SH DEFINED 01 0 41,150 0
SCHWAB CHARLES CORP NEW COM 808513105 2,975,938 89,000 SH P DEFINED 01 0 89,000 0
SIEBERT FINL CORP COM 826176109 931,163 53,400 SH DEFINED 01 0 53,400 0
SK TELECOM LTD SPONSORED ADR 78440P108 3,422,306 331,860 SH DEFINED 01 0 331,860 0
SKYMALL INC COM 830859104 326,719 61,500 SH DEFINED 01 0 61,500 0
SMART MODULAR TECH INC COM 831690102 2,001,172 58,750 SH DEFINED 01 0 58,750 0
SOUTHERN PAC PETE NL ADR NEW 843581307 11,598,580 2,651,104 SH DEFINED 01 0 2,651,104 0
SUNSHINE MNG &
REFINING CO COM NEW 867833501 82,200 41,100 SH DEFINED 01 0 41,100 0
STONE CONTAINER CORP PFD E CV $1.75 861589307 1,107,075 50,900 SH DEFINED 01 0 50,900 0
AMERITRADE HLDG CORP CL A 03072H109 549,375 30,000 SH C DEFINED 01 0 30,000 0
TERA COMPUTER CO COM 88076P108 436,970 105,932 SH DEFINED 01 0 105,932 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 888,750 30,000 SH C DEFINED 01 0 30,000 0
TODD SHIPYARDS CORP DEL COM 889039103 252,281 35,100 SH DEFINED 01 0 35,100 0
TOYS R US INC COM 892335100 1,077,300 71,820 SH DEFINED 01 0 71,820 0
AMERITRADE HLDG CORP CL A 03072H109 1,831,250 100,000 SH P DEFINED 01 0 100,000 0
AT&T CORP COM 001957109 665,550 15,300 SH P DEFINED 01 0 15,300 0
TIME WARNER INC COM 887315109 5,682,191 93,534 SH DEFINED 01 0 93,534 0
UNIVERSAL HLTH SVCS INC CL B 913903100 972,900 37,600 SH DEFINED 01 0 37,600 0
UNION CARBIDE CORP COM 905581104 2,073,656 36,500 SH DEFINED 01 0 36,500 0
U S G CORP COM NEW 903293405 348,425 7,316 SH DEFINED 01 0 7,316 0
UNITRODE CORP COM 913283107 2,835,000 67,500 SH DEFINED 01 0 67,500 0
VISKASE COMPANIES INC COM 92831R102 2,109,579 636,854 SH DEFINED 01 0 636,854 0
VION PHARMACEUTICALS
INC COM 927624106 3,283,707 625,468 SH DEFINED 01 0 625,468 0
VION PHARMACEUTICALS
INC WT A EX 081400 927624114 178,239 78,132 SH DEFINED 01 0 78,132 0
WHX CORP COM 929248102 105,450 10,545 SH DEFINED 01 0 10,545 0
WORKFLOW MGMT INC COM 98137N109 610,623 47,892 SH DEFINED 01 0 47,892 0
EBAY INC COM 278642103 2,820,000 20,000 SH C DEFINED 01 0 20,000 0
YAHOO INC COM 984332106 1,425,534 7,950 SH DEFINED 01 0 7,950 0
YAHOO INC COM 984332106 17,931,250 100,000 SH P DEFINED 01 0 100,000 0
AMAZON COM INC COM 023135106 9,912,250 124,000 SH P DEFINED 01 0 124,000 0
MORGAN J P & CO INC COM 616880100 2,856,250 25,000 SH P DEFINED 01 0 25,000 0
QUALCOMM INC COM 747525103 9,456,250 50,000 SH P DEFINED 02 0 50,000 0
AMERITRADE HLDG CORP SB NT CV 144A 04 03072HAA7 2,180,625 3,000 PRN DEFINED 02 0 3,000 0
AMAZON COM INC COM 023135106 595,534 7,450 SH DEFINED 02 0 7,450 0
AMERICA ONLINE INC DEL COM 02364J104 15,609,375 150,000 SH P DEFINED 02 0 150,000 0
AMERICA ONLINE INC DEL COM 02364J104 1,446,469 13,900 SH DEFINED 02 0 13,900 0
ATLANTIC RICHFIELD CO COM 048825103 753,313 8,500 SH DEFINED 02 0 8,500 0
AMERICAN EXPRESS CO COM 025816109 13,500,000 100,000 SH P DEFINED 02 0 100,000 0
ALZA CORP DEL COM 022615108 3,425,000 80,000 SH DEFINED 02 0 80,000 0
BID COM INTERNATIONAL
INC COM 088788104 1,037,813 205,000 SH DEFINED 02 0 205,000 0
BAKER FENTRESS & CO COM 057213100 1,055,069 75,700 SH DEFINED 02 0 75,700 0
BRISTOL MYERS SQUIBB CO COM 110122108 3,375,000 50,000 SH P DEFINED 02 0 50,000 0
CALIFORNIA FED BK FSB
LOS ANGL 2ND CONT LITIG 130209703 19,631 17,450 SH DEFINED 02 0 17,450 0
COLGATE PALMOLIVE CO COM 194162103 4,575,000 100,000 SH P DEFINED 02 0 100,000 0
CHASE MANHATTAN CORP
NEW COM 16161A108 7,537,500 100,000 SH P DEFINED 02 0 100,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,082,813 2,500 PRN DEFINED 02 0 2,500 0
CENTRAL PAC MINERALS NL ADR NEW 154762306 578,594 57,500 SH DEFINED 02 0 57,500 0
CASE CORP COM 14743R103 4,154,363 83,400 SH C DEFINED 02 0 83,400 0
CONSOLIDATED TOMOKA
LD CO COM 210226106 137,309 10,171 SH DEFINED 02 0 10,171 0
DELIA*S INC COM 246885107 640,938 102,550 SH DEFINED 02 0 102,550 0
DELL COMPUTER CORP COM 247025109 4,181,250 100,000 SH P DEFINED 02 0 100,000 0
E M C CORP MASS COM 268648102 4,282,500 60,000 SH P DEFINED 02 0 60,000 0
IXNET INC COM 46601C109 150,625 10,000 SH DEFINED 02 0 10,000 0
FEDERATED DEPT
STORES INC DEL WT D EX 121901 31410H127 1,750,100 94,600 SH DEFINED 02 0 94,600 0
GLOBAL LT
TELECOMMUNICATIONS COM 37934X100 203,750 20,000 SH DEFINED 02 0 20,000 0
GAYLORD CONTAINER CORP CL A 368145108 125,315 17,588 SH DEFINED 02 0 17,588 0
GENERAL ELEC CO COM 369604103 23,712,500 200,000 SH P DEFINED 02 0 200,000 0
GOLDEN ST BANCORP INC WT EXP 082100 381197128 263,781 36,700 SH DEFINED 02 0 36,700 0
GOLDEN ST BANCORP INC WT EXP 000000 381197136 1,468,167 1,204,650 SH DEFINED 02 0 1,204,650 0
GANTOS INC NEW COM NEW 36473U204 30,458 24,366 SH DEFINED 02 0 24,366 0
GATEWAY INC COM 367626108 594,000 13,500 SH DEFINED 02 0 13,500 0
GATEWAY INC COM 367626108 2,200,000 50,000 SH P DEFINED 02 0 50,000 0
HORIZON OFFSHORE INC COM 44043J105 35,066,240 4,383,280 SH DEFINED 02 0 4,383,280 0
ACTV INC COM 00088E104 2,964,696 212,871 SH DEFINED 02 0 212,871 0
INTERNATIONAL BUSINESS
MACHS COM 459200101 24,200,000 200,000 SH P DEFINED 02 0 200,000 0
ICO GLOBAL COMM HLDGS ORD G4705T109 1,022,000 408,800 SH DEFINED 02 0 408,800 0
IDT CORP COM 448947101 2,782,638 133,300 SH DEFINED 02 0 133,300 0
IMPERIAL SUGAR CO NEW COM 453096109 2,120,787 346,251 SH DEFINED 02 0 346,251 0
INTEL CORP COM 458140100 26,009,375 350,000 SH P DEFINED 02 0 350,000 0
INTEL CORP COM 458140100 1,857,813 25,000 SH DEFINED 02 0 25,000 0
IPC COMMUNICATIONS INC COM NEW 44980K206 3,114,360 50,640 SH DEFINED 02 0 50,640 0
JONES INTERCABLE INC CL A 480206200 742,500 13,750 SH DEFINED 02 0 13,750 0
MORGAN J P & CO INC COM 616880100 16,417,725 143,700 SH P DEFINED 02 0 143,700 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 6,761,197 411,015 SH DEFINED 02 0 411,015 0
CHECK POINT SOFTWARE
TECH LTD ORD M22465104 4,212,500 50,000 SH P DEFINED 02 0 50,000 0
COCA COLA CO COM 191216100 2,412,500 50,000 SH DEFINED 02 0 50,000 0
COCA COLA CO COM 191216100 7,237,500 150,000 SH P DEFINED 02 0 150,000 0
KOREA TELECOM SPONSORED ADR 50063P103 7,959,810 215,130 SH DEFINED 02 0 215,130 0
MCI WORLDCOM INC COM 55268B106 10,771,875 150,000 SH P DEFINED 02 0 150,000 0
LUCENT TECHNOLOGIES INC COM 549463107 9,731,250 150,000 SH P DEFINED 02 0 150,000 0
METRICOM INC COM 591596101 555,844 24,500 SH DEFINED 02 0 24,500 0
MERRILL LYNCH & CO INC COM 590188108 1,751,750 26,000 SH DEFINED 02 0 26,000 0
MERRILL LYNCH & CO INC COM 590188108 6,737,500 100,000 SH P DEFINED 02 0 100,000 0
METROMEDIA INTL
GROUP INC COM 591695101 751,575 182,200 SH DEFINED 02 0 182,200 0
MICROSOFT CORP COM 594918104 74,714,063 825,000 SH P DEFINED 02 0 825,000 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 18,015,875 202,000 SH P DEFINED 02 0 202,000 0
BAYCORP HLDGS CORP COM 072728108 6,557,994 1,092,999 SH DEFINED 02 0 1,092,999 0
U S OFFICE PRODS CO COM NEW 912325305 758,064 218,541 SH DEFINED 02 0 218,541 0
OXFORD HEALTH PLANS INC COM 691471106 1,562,500 125,000 SH P DEFINED 02 0 125,000 0
PHARMOS CORP COM NEW 717139208 15,869 12,695 SH DEFINED 02 0 12,695 0
PITNEY BOWES INC COM 724479100 9,140,625 150,000 SH P DEFINED 02 0 150,000 0
QUEBECOR PRINTING INC SUB VTG 747922102 361,266 15,750 SH DEFINED 02 0 15,750 0
POINT WEST CAP CORP COM 730715109 120,575 18,200 SH DEFINED 02 0 18,200 0
CMGI INC COM 125750109 11,275,000 110,000 SH P DEFINED 02 0 110,000 0
INFOSEEK CORP COM 45678M107 616,250 20,000 SH C DEFINED 02 0 20,000 0
CNET INC COM 125945105 1,118,750 20,000 SH C DEFINED 02 0 20,000 0
SAPIENT CORP COM 803062108 2,356,250 25,000 SH P DEFINED 02 0 25,000 0
REALNETWORKS INC COM 75605L104 10,450,000 100,000 SH P DEFINED 02 0 100,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,333,125 45,000 SH C DEFINED 02 0 45,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,185,000 40,000 SH P DEFINED 02 0 40,000 0
LYCOS INC COM 550818108 2,506,250 50,000 SH C DEFINED 02 0 50,000 0
EBAY INC COM 278642103 3,525,000 25,000 SH C DEFINED 02 0 25,000 0
INKTOMI CORP COM 457277101 1,800,000 15,000 SH C DEFINED 02 0 15,000 0
AMAZON COM INC COM 023135106 10,871,500 136,000 SH P DEFINED 02 0 136,000 0
RED HAT INC COM 756577102 1,391,094 14,500 SH DEFINED 02 0 14,500 0
RICHMONT MINES INC COM 76547T106 1,237,388 582,300 SH DEFINED 02 0 582,300 0
REALNETWORKS INC COM 75605L104 820,325 7,850 SH DEFINED 02 0 7,850 0
SAPIENT CORP COM 803062108 405,275 4,300 SH DEFINED 02 0 4,300 0
SALOMON BROTHERS FD INC COM 795477108 295,356 15,700 SH DEFINED 02 0 15,700 0
SCHWAB CHARLES CORP NEW COM 808513105 1,375,953 41,150 SH DEFINED 02 0 41,150 0
SCHWAB CHARLES CORP NEW COM 808513105 2,975,938 89,000 SH P DEFINED 02 0 89,000 0
SIEBERT FINL CORP COM 826176109 812,588 46,600 SH DEFINED 02 0 46,600 0
SUNSHINE MNG &
REFINING CO WT EXP 052301 867833147 113,836 910,685 SH DEFINED 02 0 910,685 0
SK TELECOM LTD SPONSORED ADR 78440P108 3,703,116 359,090 SH DEFINED 02 0 359,090 0
SKYMALL INC COM 830859104 326,719 61,500 SH DEFINED 02 0 61,500 0
SMART MODULAR TECH INC COM 831690102 2,001,172 58,750 SH DEFINED 02 0 58,750 0
SOUTHERN PAC PETE NL ADR NEW 843581307 10,721,056 2,450,527 SH DEFINED 02 0 2,450,527 0
STONE CONTAINER CORP PFD E CV $1.75 861589307 1,126,650 51,800 SH DEFINED 02 0 51,800 0
AMERITRADE HLDG CORP CL A 03072H109 549,375 30,000 SH C DEFINED 02 0 30,000 0
TERA COMPUTER CO COM 88076P108 436,970 105,932 SH DEFINED 02 0 105,932 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 888,750 30,000 SH C DEFINED 02 0 30,000 0
AMERITRADE HLDG CORP CL A 03072H109 1,831,250 100,000 SH P DEFINED 02 0 100,000 0
AT&T CORP COM 001957109 665,550 15,300 SH P DEFINED 02 0 15,300 0
UNION CARBIDE CORP COM 905581104 2,073,656 36,500 SH DEFINED 02 0 36,500 0
UNITRODE CORP COM 913283107 2,835,000 67,500 SH DEFINED 02 0 67,500 0
VISKASE COMPANIES INC COM 92831R102 2,110,049 636,996 SH DEFINED 02 0 636,996 0
VION PHARMACEUTICALS
INC COM 927624106 3,300,722 628,709 SH DEFINED 02 0 628,709 0
VION PHARMACEUTICALS
INC WT A EX 081400 927624114 177,308 77,724 SH DEFINED 02 0 77,724 0
WORKFLOW MGMT INC COM 98137N109 664,862 52,146 SH DEFINED 02 0 52,146 0
EBAY INC COM 278642103 2,820,000 20,000 SH C DEFINED 02 0 20,000 0
YAHOO INC COM 984332106 1,425,534 7,950 SH DEFINED 02 0 7,950 0
YAHOO INC COM 984332106 17,931,250 100,000 SH P DEFINED 02 0 100,000 0
AMAZON COM INC COM 023135106 9,912,250 124,000 SH P DEFINED 02 0 124,000 0
MORGAN J P & CO INC COM 616880100 2,856,250 25,000 SH P DEFINED 02 0 25,000 0
</TABLE>
