UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31/00
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 05/12/00
______________________ _________________________ ________________
[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: 31
Form 13F Information Table Value Total: $142,829,541
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
- -------- -------- ---------- --------- --------------------- -------- -------- ------------------------
Voting
Authority
Title Value Shrs or Put/ Investment Other ------------------------
Name of Issuer of Class CUSIP (x$1000) prn amt SH/PRN Call discretion managers Sole Shared None
- -------------- -------- ----------- -------- --------- ------ ---- ---------- -------- ---------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Gray Communications Sys Inc COM 389190 10 9 $2,138,500 182,000 182,000
Wyndham Intl Inc CLA 983101 10 6 $1,357,500 724,000 724,000
Loews Cineplex Entmt Corp COM 540423 10 0 $175,000 50,000 50,000
Loews Corp COM 540424 10 8 $1,000,000 20,000 20,000
Weblink Wireless Inc CLA 94769A 10 1 $9,259,512 692,300 692,300
Alaris Med Inc COM 011637 10 5 $252,875 119,000 119,000
North Pittsburgh Sys Inc COM 661562 10 8 $1,613,981 122,970 122,970
Olin Corp COM PAR $1 680665 20 5 $443,750 25,000 25,000
Opti Inc COM 683960 10 8 $651,000 124,000 124,000
Park Pl Entmt Corp COM 700690 10 0 $8,186,604 708,000 708,000
Casino Data Sys COM 147583 10 8 $328,000 64,000 64,000
Niagara Corp COM 653349 10 0 $1,489,950 331,100 331,100
Niagara Mohawk Hldgs Inc COM 653520 10 6 $675,000 50,000 50,000
Pioneer Cos Inc CLA 723643 10 2 $1,128,946 205,263 205,263
Royal Caribbean Cruises LTD COM V7780T 10 3 $1,260,000 45,000 45,000
AT&T Corp COM 001957 10 9 $15,465,881 274,949 274,949
Algos Pharmaceuticals Inc COM 015869 10 0 $365,125 25,400 25,400
Avatar Hldgs Inc COM 053494 10 0 $4,516,000 225,800 225,800
BCE Inc COM 05534B 10 9 $12,543,800 100,000 100,000
Avatar Hldgs Inc. SUB CONV 7%05 053494 AD 2 $190,000 2,200 2,200
Cole National Corp New CLA 193290 10 3 $219,375 27,000 27,000
Crestline Cap Corp COM 226153 10 4 $21,750,417 1,247,300 1,247,300
Dobson Communications Corp CLA 256069 10 5 $805,000 35,000 35,000
Isle of Capri Casinos Inc COM 464592 10 4 $16,625,000 1,330,000 1,330,000
Mariner Post-Acute Network Inc COM 568459 10 1 $12,993 86,620 86,620
Pricesmart Inc COM 741511 10 9 $20,132,981 492,550 492,550
Penwest Pharmaceuticals Co COM 709754 10 5 $4,530,999 367,985 367,985
Vivus Inc COM 928551 10 0 $264,992 32,000 32,000
R H Donnelley Corp COM NEW 74955W 30 7 $850,000 50,000 50,000
Sun Intl Hotels Ltd ORD P8797T 13 3 $1,879,020 96,360 96,360
Saga Communications CLA 786598 10 2 $12,717,340 664,959 664,959
-----------
TOTAL $142,829,541
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