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: C.E. UNTERBERG, TOWBIN ADVISORS, L.P.
Address: 10 East 50th Street, 24th Floor
New York, NY 10022
13F File Number: 28-6614
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: G. Robert Abrams
Title: General Counsel, C.E. Unterberg, Towbin Advisors, L.P.
Phone: 212-572-8100
Signature, Place, and Date of Signing:
G. Robert Abrams, New York, NY June 1, 1999
Report Type (Check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
NONE
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: 64
Form 13F Information Table Value Total: 102,423
List of Other Included Managers:
No. 13F File Number Name
NONE
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLA CUSIP (X$100PRN AMT PRN CALL DSCRETNMANAGERS SOLE SHARED NONE
AMERICA ONLINE INC. DEL COM 02364J1 3234 22,000 SH Sole 22,000 0 0
AMERICA ONLINE INC. PUT 02364J9 62 440 SH PUT Sole 440 0 0
ANADIGICS INC COM 0325151 3543201,000 SH Sole 201,000 0 0
APPLIED MATERIALS INC. COM 0382221 2468 40,000 SH Sole 40,000 0 0
ASECO CORP COM 0436591 818451,500 SH Sole 451,500 0 0
ATMEL CORP COM 0495131 1215 80,000 SH Sole 80,000 0 0
BEYOND.COM COM 08860E1 338081340826 PRN Sole 1340826 0 0
BROOKS AUTOMATION INC. COM 11434A1 4475200,000 SH Sole 200,000 0 0
CADENCE DESIGN SYSTEM COM 1273871 1159 45,000 SH Sole 45,000 0 0
CADENCE DESIGN SYST. PUT 1273879 17 450 SH PUT Sole 450 0 0
COMPUTER NETWORK TECH COR COM 2049251 2311143,300 SH Sole 143,300 0 0
CONCENTRIC NETWORK CORP COM 1712 22,900 SH Sole 22,900 0 0
CONCENTRIC NETWORK PUT 20589R9 6 220 SH PUT Sole 220 0 0
CYPRESS SEMICONDUCTOR COM 2328061 2035226,100 SH Sole 226,100 0 0
DELIAS INC. COM 2468851 1103 35,000 SH Sole 35,000 0 0
DOUBLECLICK INC. PUT 2586099 23 10 SH PUT Sole 10 0 0
EBAY INC. PUT 2786429 129 100 SH PUT Sole 100 0 0
EQUINOX SYS INC COM 2944361 94 10,000 SH Sole 10,000 0 0
EXODUS COMMUNICATIONS INC.COM 3020881 2690 20,000 SH Sole 20,000 0 0
EXODUS COMMUN. PUT 3020889 44 200 SH PUT Sole 200 0 0
FORE SYSTEMS INC. CALL 3454499 123 510 SH CALL Sole 510 0 0
GENERAL INSTR CORP NEW COM 3701201 1061 35,000 SH Sole 35,000 0 0
GLOBAL MARINE NEW COM 3793524 646 55,000 SH Sole 55,000 0 0
GLOBAL TELESYS GROUP INC. COM 37936U1 280 5,000 SH Sole 5,000 0 0
HEALTHWORLD CORP. COM 42222E1 405 30,000 SH Sole 30,000 0 0
HI/FN INC COM 4283581 1988 53,000 SH Sole 53,000 0 0
HMT TECHNOLOGY CORP COM 4039171 473 13,500 SH Sole 13,500 0 0
HUTCHINSON TECH. CALL 4484079 80 250 SH CALL Sole 250 0 0
IKOS SYS INC. COM 4517162 397 70,600 SH Sole 70,600 0 0
INFERENCE CORP CL A COM 45662K1 163 30,000 SH Sole 30,000 0 0
INTEL CORPORATION COM 4581401 1189 10,000 SH Sole 10,000 0 0
INTERVOICE INC. COM 4611421 110 10,000 SH Sole 10,000 0 0
INTUIT COM 4612021 2930 28,800 SH Sole 28,800 0 0
INTUIT PUT 4612029 37 350 SH PUT Sole 350 0 0
KULICKE & SOFFA IND. COM 5012421 631 25,000 SH Sole 25,000 0 0
MICROSOFT CORP. COM 5949181 2689 30,000 SH Sole 30,000 0 0
MICROSOFT CORP. PUT 5949189 42 150 SH PUT Sole 150 0 0
NATIONAL SEMICONDUCTOR CORCOM 6376401 373 40,000 SH Sole 40,000 0 0
NETWORK SOLUTIONS INC. COM 64121N1 529 5,000 SH Sole 5,000 0 0
NETWORK SOLUTIONS PUT 64121Q9 4 50 SH PUT Sole 50 0 0
NOVELLUS SYSTEMS INC. COM 6700081 1709 31,000 SH Sole 31,000 0 0
NTL INC. COM 6294071 4069 50,000 SH Sole 50,000 0 0
NTL INC PUT 6294079 34 200 SH PUT Sole 200 0 0
OBJECTSHARE INC COM 6744261 123329,300 SH Sole 329,300 0 0
PAC GATEWAY EXCHANGE INC. COM 6943271 4450134,100 SH Sole 134,100 0 0
PREVIEW TRAVEL INC COM 74137R1 1520 80,000 SH Sole 80,000 0 0
PREVIEW TRAVEL PUT 74137R9 48 1075 SH PUT Sole 1075 0 0
PRI AUTOMATION INC. PUT 69357H9 114 250 SH PUT Sole 250 0 0
PROXIM INC. COM 7442841 1869 65,000 SH Sole 65,000 0 0
RAMBUS INC. COM 7509171 1159 18,000 SH Sole 18,000 0 0
RAMBUS INC. PUT 7509179 50 180 SH PUT Sole 180 0 0
RMH TELESERVICES INC COM 7499381 736356,700 SH Sole 356,700 0 0
SEAGATE TECHNOLOGY PUT 8118049 3 70 SH PUT Sole 70 0 0
SEEQ TECHNOLOGY INC. DEL NCOM 8157791 18 6,500 SH Sole 6,500 0 0
SPEEDFAM INT'L INC. CALL 8477069 7 270 SH CALL Sole 270 0 0
SPORTSLINE USA INC. COM 8489341 1665 36,500 SH Sole 36,500 0 0
SYSTEMS&COMPUTER TECH CP COM 8718731 1973197,300 SH Sole 197,300 0 0
TECHNOLOGY SOLUTIONS COM 87872T1 356 50,000 SH Sole 50,000 0 0
TERADYNE INC. COM 8807701 1364 25,000 SH Sole 25,000 0 0
24/7 MEDIA INC. COM 0901314 3006 68660 PRN Sole 68660.0 0 0
UNIPHASE CORP. COM 9091491 1727 15,000 SH Sole 15,000 0 0
UNIPHASE CORP. PUT 9091499 18 450 SH PUT Sole 450 0 0
VERITAS SOFTWARE CORP. COM 9234361 1211 15,000 SH Sole 15,000 0 0
WESTOWER CR COM 96121E1 98 3,500 SH Sole 3,500 0 0
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