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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: White Rock Capital Management, L.P.
Address: 3131 Turtle Creek Boulevard , Suite 800
Dallas, Texas 75219
Form 13F File Number: 28-7520
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: Thomas U. Barton
Title: President of White Rock Capital, Inc., the general partner of
the Institutional Investment Manager
Phone: (214) 526-1465
Signature, Place, and Date of Signing:
/S/ THOMAS U. BARTON
______________________________________
[Signature]
Dallas, Texas
______________________________________
[City, State]
February 11, 2000
______________________________________
[Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F Summary Page
Report Summary:
Number of Other Included Managers:
0
Form 13F Information Table Entry Total:
27
Form 13F Information Table Value Total:
$ 428,291 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with
respect to which this report is filed, other than the manager
filing this report.
NONE
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Value Put/ Investment Other Voting
Authority
Name of Issuer Title of CUSIP (x$1000) Shrs or SH/PRN Call Discretion Managers Sole Shared None
- -------------- -------- ----- -------- -------- ------ ---- ---------- -------- ---- ------ ----
Class prn amt
----- -------
<S> <C> <C> <C> <C> <C> <C> <C>
Acacia Research Corp. COM 003881109 11,927 398,400 SH SOLE 398,400
Activision, Inc. COM 004930202 1,531 100,000 SH SOLE 100,000
BioSource International, Inc. COM 09066H104 794 100,000 SH SOLE 100,000
Concurrent Computer COM 206710204 61,259 3,278,100 SH SOLE 3,278,100
DSET Corporation COM 262504103 3,928 105,100 SH SOLE 105,100
Entrade Inc. COM 29382L100 27,018 661,000 SH SOLE 661,000
Entrust Technologies Inc. COM 293848107 28,015 467,400 SH SOLE 467,400
First Sierra Financial, Inc. COM 335944104 4,197 245,100 SH SOLE 245,100
Hain Food Group COM 405219106 74,690 3,338,100 SH SOLE 3,338,100
Headway Corporate Resources COM 422101105 4,932 1,127,400 SH SOLE 1,127,400
IGEN International, Inc. COM 449536101 59,991 2,016,500 SH SOLE 2,016,500
Interlink Electronics, Inc. COM 458751104 4,817 82,000 SH SOLE 82,000
MGI Pharma, Inc. COM 552880106 955 80,000 SH SOLE 80,000
Marimba, Inc. COM 56781Q109 2,073 45,000 SH SOLE 45,000
Net Perceptions, Inc. COM 64107U101 2,100 50,000 SH SOLE 50,000
Oak Technology, Inc. COM 671802106 1,416 150,000 SH SOLE 150,000
Oracle Corporation COM 68389X105 22,412 200,000 SH SOLE 200,000
Osicom Technologies, Inc. COM 688271501 29,380 647,500 SH SOLE 647,500
Paradyne Networks Inc. COM 69911G107 545 20,000 SH SOLE 20,000
Retek Inc. COM 76128Q109 1,505 20,000 SH SOLE 20,000
STM Wireless, Inc. COM 784776106 731 110,300 SH SOLE 110,300
SoftNet Systems, Inc. COM 833964109 9,949 396,000 SH SOLE 396,000
U.S. Interactive, Inc. COM 90334M109 701 16,300 SH SOLE 16,300
WebFinancial Corp. - Warrants WT 94767P118 44 100,000 SH SOLE 100,000
Workflow Management, Inc. COM 98137N109 8,931 312,000 SH SOLE 312,000
Xicor, Inc. COM 984903104 4,517 330,000 SH SOLE 330,000
ZixIt Corporation COM 98974P100 59,933 1,512,500 SH SOLE 1,512,500
</TABLE>
