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: C.E. UNTERBERG, TOWBIN ADVISORS, L.P.
Address: 10 East 50th Street, 24th Fl.
New York, NY 10022
13F File Number: 28-6000
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, November 23, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 84
Form 13F Information Table Value Total: 110,592,000
List of Other Included Managers:
No. 13F File Number Name
NONE
<PAGE>
<TABLE>
<S> <C> <C> <C> <S> <C> <C> <C>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVSTMT OTHER SOLE VOTING AUTHORITY
CLASS (X$1000)PRN AMT PRN CALL DSCRETN MANAGERS SHARED NONE
ADVANCED MICRO DEVI PUT 0079039WC 94 1000SH PUT SOLE 1000 0 0
AMERICA ONLINE INC DEL COM 02364J104 1301 12500SH COM SOLE 12500 0 0
AMERICA ONLINE INC PUT 02364Z9VQ 6 125SH PUT SOLE 125 0 0
ANADIGICS INC COM 032515108 4289 152500SH SOLE 15250 0 0
ANADIGICS INC PUT 0325159VF 381 1150SH PUT SOLE 1150 0 0
ASECO CORP COM 043659101 1489 476500SH SOLE 47650 0 0
BEYOND .COM CORP COM 08860E101 9647 787500SH SOLE 78750 0 0
BIG ENTERTAINMENT INC COM 089144109 1946 110000SH SOLE 11000 0 0
C-CUBE MICROSYSTEMS PUT 1250159VG 6 200SH PUT SOLE 200 0 0
C-CUBE MICROSYSTEMS PUT 1250159VH 21 200SH PUT SOLE 200 0 0
CD RADIO INC COM 125127100 2040 80000SH SOLE 80000 0 0
CMGI INC COM 125750109 1794 17500SH SOLE 17500 0 0
CMGI INC PUT 1257509VN 2 175SH PUT SOLE 175 0 0
CADENCE DESIGN SYSTEM COM 127387108 836 62500SH SOLE 62500 0 0
CAMBRIDGE TECHNOLOGY PARTERS COM 132524109 943 65000SH SOLE 65000 0 0
CARRIER ACCESS CORP COM 144460102 418 10000SH SOLE 10000 0 0
CYBERSHOP . COM INC COM 23251X105 58 10000SH SOLE 10000 0 0
CYPRESS SEMICONDUCTOR CP COM 232806109 2258 105000SH SOLE 10500 0 0
DELL COMPUTER CORP PUT 2470259VV 128 600SH PUT SOLE 600 0 0
DOUBLECLICK INC PUT 2580939VP 3 150SH PUT SOLE 150 0 0
DOUBLECLICK INC PUT 2580939VR 2 75SH PUT SOLE 75 0 0
DOUBLECLICK INC COM 258609304 1608 13500SH SOLE 13500 0 0
ECCS INC COM 26825H100 850 200000SH SOLE 20000 0 0
E-TEK DYNAMICS INC COM 269240107 4286 79000SH SOLE 79000 0 0
CALL EBAY INC CALL 2786429JW 6 100SH CALL SOLE 100 0 0
EDGAR ONLINE INC COM 279765101 186 25000SH SOLE 25000 0 0
EQUINOX SYS INC COM 294436100 234 20000SH SOLE 20000 0 0
FAIRCHILD SEMICONDUCTOR COM 303726103 1781 75000SH SOLE 75000 0 0
FIRSTCOM CORP COM 33763T104 180 180000SH SOLE 18000 0 0
GST TELECOMMUNICATIONS COM 361942105 1969 280000SH SOLE 28000 0 0
HEALTHWORLD CORP COM 42222E103 420 30000SH SOLE 30000 0 0
HI/FN INC COM 428358105 5347 48500SH SOLE 48500 0 0
HI/FN, INC. PUT 4283589VQ 29 210SH PUT SOLE 210 0 0
HOMESTAKE MINING CO COM 437614100 83 9000SH SOLE 9000 0 0
HUTCHINSON TECHNOLOGY COM 448407106 1269 47000SH SOLE 47000 0 0
HYPERION SOLUTIONS CORP COM 44914M104 543 24700SH SOLE 24700 0 0
IKOS SYSTEMS INC NEW COM 451716203 782 106100SH SOLE 10610 0 0
INFOSPACE .COM INC COM 45678T102 1953 47500SH SOLE 47500 0 0
INFOSPACE .COM INC PUT 45678T9VG 14 200SH PUT SOLE 200 0 0
INFOSPACE .COM INC PUT 45678T9VH 59 270SH PUT SOLE 270 0 0
INTEL CORP PUT 4581409WM 31 200SH PUT SOLE 200 0 0
INTUIT COM 461202103 2936 33500SH SOLE 33500 0 0
INTUIT PUT 4612029VP 94 335SH PUT SOLE 335 0 0
JDS UNIPHASE CORP COM 46612J101 7440 65368SH SOLE 65368 0 0
JDS UNIPHASE CORP PUT 46612J9VR 20 400SH PUT SOLE 400 0 0
LYCOS INC COM 550818108 752 15000SH SOLE 15000 0 0
LYCOS INC PUT 5508189VU 4 150SH PUT SOLE 150 0 0
MCI WORLDCOM INC COM 55268B106 359 5000SH SOLE 5000 0 0
MANUGISTICS GROUP INC COM 565011103 525 50000SH SOLE 50000 0 0
MAXTOR CORP NEW COM 577729205 593 90000SH SOLE 90000 0 0
META GROUP INC COM 591002100 1686 95000SH SOLE 95000 0 0
MICROGRAFX INC COM 595077108 59 15000SH SOLE 15000 0 0
NTL INC COM 629407107 4805 50000SH SOLE 50000 0 0
NTL INC PUT 6294079VR 36 275SH PUT SOLE 275 0 0
NETWORKS ASSOC INC COM 640938106 1387 72500SH SOLE 72500 0 0
NETWORK ACCESS SOLUTION CRP COM 64120S109 1424 107500SH SOLE 10750 0 0
NETWORK PERIPHERALS INC COM 64121R100 577 31600SH SOLE 31600 0 0
NEW ERA OF NETWORKS INC COM 644312100 1481 68500SH SOLE 68500 0 0
NUCENTRIX BROADBAND NETWORKS INCCOM 670198100 970 40000SH SOLE 40000 0 0
P-COM INC COM 693262107 1680 240000SH SOLE 24000 0 0
PEOPLESOFT INC COM 712713106 1355 80000SH SOLE 80000 0 0
PROXIM INC COM 744284100 3335 72500SH SOLE 72500 0 0
QUANTUM CORP HARD DISK DRIVE GROCOM 747906303 595 80000SH SOLE 80000 0 0
RMH TELESERVICES INC COM 749938106 1710 441200SH SOLE 44120 0 0
RITE AID CORP COM 767754104 276 20000SH SOLE 20000 0 0
SCI SYSTEMS INC COM 783890106 4555 102500SH SOLE 10250 0 0
SCI SYSTEMS INC PUT 7838909VH 109 1025SH PUT SOLE 1025 0 0
SDL INC COM 784076101 1450 19000SH SOLE 19000 0 0
SEAGATE TECHNOLOGY COM 811804103 1531 50000SH SOLE 50000 0 0
SECURITY FIRST TECH PUT 8142799VF 4 200SH PUT SOLE 200 0 0
SEGUE SOFTWARE INC COM 815807102 308 22500SH SOLE 22500 0 0
STAC SOFTWARE INC COM 852323203 694 165700SH SOLE 16570 0 0
SYNOPSYS INC COM 871607107 702 12500SH SOLE 12500 0 0
SYSTEMS&COMPUTER TECH CP COM 871873105 2732 217500SH SOLE 21750 0 0
TALK.COM INC COM 874264104 3614 280000SH SOLE 28000 0 0
3DFX INTERACTIVE INC COM 88553X103 392 47500SH SOLE 47500 0 0
THREE-FIVE SYS INC COM 88554L108 1283 58000SH SOLE 58000 0 0
24/7 MEDIA INC COM 901314104 663 17500SH SOLE 17500 0 0
24/7 MEDIA INC PUT 9013149VF 10 300SH PUT SOLE 300 0 0
UNITEDGLOBALCOM INC CL A COM 913247508 2149 30000SH SOLE 30000 0 0
USWEB CORP COM 917327108 5318 155000SH SOLE 15500 0 0
WASTE MGMT INC NEW COM 94106L109 385 20000SH SOLE 20000 0 0
WIND RIVER SYSTEM INC COM 973149107 1283 67500SH SOLE 67500 0 0
WINSTAR COMMUNICATION CALL 9755159J1 19 150SH CALL SOLE 150 0 0
</TABLE>
