UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 August 17, 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: 52
Form 13F Information Table Value Total: 56,898
List of Other Included Managers:
No. 13F File Number Name
NONE
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FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
ADTRAN INC. PUT 00738A956 19 250 SH PUT SOLE 250 0 0
ANADIGICS INC. COM 032515108 3700 100,000 SH SOLE 100,000 0 0
ANADIGICS INC. PUT 032515958 4 200 SH PUT SOLE 200 0 0
ANDREW CORP COM 034425108 1610 85,000 SH SOLE 85,000 0 0
ASECO CORP COM 043659101 447 476,500 SH SOLE 476,500 0 0
BELL ATLANTIC CORP COM 077853109 1308 20,000 SH SOLE 20,000 0 0
BIG ENTERTAINMENT INC. COM 089144109 1719 110,000 SH SOLE 110,000 0 0
CISCO SYS INC COM 17275R102 1611 25,000 SH SOLE 25,000 0 0
COMPUTER NETWORK TECH COR COM 204925101 3544 163,900 SH SOLE 163,900 0 0
CYBERSOURCE CORP. COM 23251J106 848 57,500 SH SOLE 57,500 0 0
CYPRESS SEMICONDUCTOR COM 232806109 1713 100,000 SH SOLE 100,000 0 0
DOUBLECLICK INC. COM 258609954 2064 22,500 SH SOLE 22,500 0 0
ECCS INC. COM 26825H100 784 20,000 SH SOLE 20,000 0 0
HEALTHWORLD CORP. COM 42222E103 338 30,000 SH SOLE 30,000 0 0
HI/FN INC COM 428358105 3426 45,000 SH SOLE 45,000 0 0
INFERENCE CORP CL A COM 45662K109 128 30,000 SH SOLE 30,000 0 0
INTUIT COM 461202103 1667 18,500 SH SOLE 18,500 0 0
INTUIT PUT 461202953 6 200 SH PUT SOLE 200 0 0
JABIL CIRCUIT INC. COM 466313103 677 15,000 SH SOLE 15,000 0 0
LYCOS INC. COM 550818108 2067 22,500 SH SOLE 22,500 0 0
LYCOS INC. PUT 550818958 40 400 SH PUT SOLE 400 0 0
META GROUP INC. COM 591002100 769 50,000 SH SOLE 50,000 0 0
METRICOM INC. COM 591596101 400 20,000 SH SOLE 20,000 0 0
MICROSOFT CORP. CALL 594918904 473 450 SH CALL SOLE 450 0 0
MICROGRAFX COM 595077108 91 15,000 SH SOLE 15,000 0 0
NETGRAVITY INC. CALL 641114903 165 225 SH CALL SOLE 225 0 0
NETGRAVITY INC. CALL 641114903 128 150 SH CALL SOLE 150 0 0
NETWORK PERIPHERALS CALL 64121R900 28 200 SH CALL SOLE 200 0 0
NTL INC. COM 629407107 4309 50,000 SH SOLE 50,000 0 0
NTL INC PUT 629407957 39 200 SH PUT SOLE 200 0 0
NOVADIGM INC. COM 669937104 302 35,000 SH SOLE 35,000 0 0
NOVELL INC. CALL 670006905 150 500 SH CALL SOLE 500 0 0
PAC GATEWAY EXCHANGE INC. COM 694327107 2476 85,000 SH SOLE 85,000 0 0
P-COM INC. COM 693262107 1178 225,000 SH SOLE 225,000 0 0
POTOMAX ELECTRIC POWER CO COM 737679100 221 7,500 SH SOLE 7,500 0 0
PROXYMED INC. COM 744290107 797 50,000 SH SOLE 50,000 0 0
QWEST COMMUNICATIONS INTL COM 749121109 1736 52,500 SH SOLE 52,500 0 0
QWEST COMMUNICATIONS INTL PUT 749121959 21 525 SH PUT SOLE 525 0 0
RADCOM COM M81865103 195 40,000 SH SOLE 40,000 0 0
REALNETWORKS INC. COM 75605L104 117 13,500 SH SOLE 13,500 0 0
RIT TECHNOLOGIES LTD COM M8215N109 353 195,000 SH SOLE 195,000 0 0
RMH TELESERVICES INC COM 749938106 1306 331,700 SH SOLE 331,700 0 0
SCI SYSTEMS INC. COM 783890106 3079 65,000 SH SOLE 65,000 0 0
SDL INC. COM 784076101 1277 25,000 SH SOLE 25,000 0 0
SPORTSLINE USA INC. PUT 848934955 8 300 SH PUT SOLE 300 0 0
STAC SOFTWARE INC. COM 852323104 894 160,700 SH SOLE 160,700 0 0
STORAGE TECH CORP NEW COM 862111200 1297 57,000 SH SOLE 57,000 0 0
SYSTEMS&COMPUTER TECH CP COM 871873105 2366 162,500 SH SOLE 162,500 0 0
3 COM CORP COM 885535104 1334 50,000 SH SOLE 50,000 0 0
UNIPHASE CORP. COM 909149106 2490 15,000 SH SOLE 15,000 0 0
UNIPHASE CORP. PUT 909149956 3 125 SH PUT SOLE 125 0 0
UNTD INTL HLDGS INC CL A COM 910734102 1176 19,000 SH SOLE 19,000 0 0
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