UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/99
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: Brian Warner
Address: 767 Third Avenue, 16th Floor
New York, NY 10017
(212) 593-4538
Form 13F File Number: 28-6744
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: ______________________________
Title: ______________________________
Phone: ______________________________
Signature, Place, and Date of Signing:
/s/ Brian Warner New York, NY 02-14-00
______________________ _________________________ ________________
[Signature] [City, State] [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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 32
Form 13F Information Table Value Total: $189,527,732
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
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Form 13F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- -------- -------- ---------- --------- --------------------- -------- -------- ------------------
Invest- Voting
ment Authority
Title Value Shrs or Put/ Dis- Other ------------------
Name of Issuer of Class CUSIP (x$1000) prn amt SH/PRN Call cretion Managers Sole Shared None
- -------------- -------- ----------- -------- --------- ------ ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
General Magic Inc COM 370253 10 6 $193,750 50,000 50,000
Gray Communications Sys Inc COM 389190 10 9 $222,750 16,500 16,500
Wyndham Intl Inc CL A 983101 10 6 $1,745,172 594,000 594,000
International Home Foods Inc COM 459655 10 6 $6,081,250 350,000 350,000
Lady Luck Gaming Corp COM PAR 505820 30 8 $1,104,379 108,400 108,400
$0.0006
Loews Cineplex Entmt Corp COM 540423 10 0 $293,750 50,000 50,000
Minerals Technologies Inc COM 603158 10 6 $1,001,575 25,000 25,000
Vlasic Foods Intl Inc COM 928559 10 3 $824,760 145,000 145,000
Weblink Wireless Inc CL A 94769A 10 1 $13,009,150 839,300 839,300
Alaris Med Inc COM 011637 10 5 $223,125 119,000 119,000
North Pittsburgh Sys Inc COM 661562 10 8 $1,813,807 122,970 122,970
Olin Corp COM 680665 20 5 $2,407,279 121,500 121,500
PAR $1
Opti Inc COM 683960 10 8 $658,812 124,000 124,000
Park Pl Entmt Corp COM 700690 10 0 $8,850,000 708,000 708,000
Sound Advice Inc COM 836066 10 0 $257,250 21,000 21,000
Niagara Corp COM 653349 10 0 $1,407,175 331,000 331,000
NTL Inc. COM 629407 10 7 $2,339,062 18,750 18,750
Pioneer Cos Inc CL A 723643 10 2 $1,449,772 205,263 205,263
Associated Group Inc CL A 045651 10 6 $19,089,500 209,200 209,200
Associated Group Inc CL B 045651 20 5 $43,580,400 473,700 473,700
Avatar Hldgs Inc COM 053494 10 0 $4,092,625 225,800
Avatar Hldgs Inc SUB NT 053494 AD 2 $189,200 220,000 220,000
CONV
7%05
Cole National Corp New CL A 193290 10 3 $135,000 27,000 27,000
Crestline Cap Corp COM 226153 10 4 $23,153,625 1,122,600 1,122,600
Isle of Capri Casinos Inc COM 464592 10 4 $10,067,719 763,400 763,400
Mariner Post-Acute Network Inc COM 56845G 10 1 $6 063 86,620 86,620
Pricesmart Inc COM 741511 10 9 $19,419,613 495,550 495,550
Penwest Pharmaceuticals Co COM 709754 10 5 $3,852,150 252,600 252,600
R H. Donnelley Corp COM NEW 74955W 30 7 $5,190,625 275,000 275,000
Sun Intl Hotels Ltd ORD P8797T 13 3 $1,866,975 96,360 96,360
Visx Inc Del PUT 92844S 95 5 $1,536,000 32,000 48 32,000
Saga Communications CL A 786598 10 2 $13,465,419 664,959 664,959
------------
TOTAL $189,527,732
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