---------------------------------
OMB Approval
---------------------------------
OMB Number: 3235-0006
Expires: October 31, 2000
Estimated average
burden hours per
response:.................24.7
---------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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:
_____________________________________________
[Signature]
Dallas, Texas
_____________________________________________
[City, State]
May 15, 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:
13
Form 13F Information Table Value Total:
$ 316,552 (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 of SH/PRN Call Discretion Managers Sole Shared None
- -------------- -------- ----- -------- -------- ------ ---- ---------- -------- ---- ------ ----
Class prn amt
----- -------
<S> <C> <C> <C> <C> <C> <C> <C>
American Software, Inc. COM 029683109 3,640 260,000 SH SOLE 260,000
Entrade Inc. COM 29382L100 12,115 392,400 SH SOLE 392,400
Hain Food Group COM 405219106 50,342 1,778,100 SH SOLE 1,778,100
IGEN International, Inc. COM 449536101 30,400 1,216,000 SH SOLE 1,216,000
MGI Pharma, Inc. COM 552880106 403 10,000 SH SOLE 10,000
Nexus Telocation Systems Ltd. COM M74919107 925 200,000 SH SOLE 200,000
Osicom Technologies, Inc. COM 688271501 87,241 777,200 SH SOLE 777,200
Ramtron International Corp. COM 751907304 3,533 236,500 SH SOLE 236,500
Secure Computing Corp. COM 813705100 1,785 105,000 SH SOLE 105,000
SoftNet Systems, Inc. COM 833964109 33,869 1,157,900 SH SOLE 1,157,900
WebFinancial Corp. - Warrants COM 94767P118 47 100,000 SH SOLE 100,000
ZixIt Corporation COM 98974P100 91,999 1,263,500 SH SOLE 1,263,500
eLOT, Inc. COM 290143106 253 43,000 SH SOLE 43,000
</TABLE>