FORSTMANN LEFF INTERNATIONAL INC
13F-HR, 1999-05-14
Previous: OZ MANAGEMENT LLC /NY/, 13F-HR, 1999-05-14
Next: LAUTMAN WILLIAM, 13F-NT, 1999-05-14




<PAGE>
                                                               File No.: 28-6824
                                                               -----------------

            INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS
        PURSUANT TO SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934
                              AND RULES THEREUNDER

                       Securities and Exchange Commission
                              Washington D.C. 20549
                   Report for the Quarter Ended March 31, 1999
- - --------------------------------------------------------------------------------

                       If amended report check here: /__ /

Name of Institutional Investment Manager:
Forstmann-Leff International Inc.
- - --------------------------------------------------------------------------------
Business Address:
One World Financial Center, Tower A    New York         New York         10281
- - --------------------------------------------------------------------------------
Street                                   City             State           Zip

Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Philip Silverman, Assistant Secretary (212) 693-7000
- - ----------------------------------------------------
ATTENTION--Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff (a).
- - ---------------------------------------------------------------

     The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct, and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.

     Pursuant to the requirements of the Securities and Exchange Act of 1934,
the undersigned institutional investment manager has caused this report to be
signed on its behalf in the City of New York and State of New York as of the
11th day of May, 1999.

                                      Forstmann-Leff International Inc.
                                      ------------------------------
                                      (Name of Institutional Investment Manager)

                                      /S/ Philip Silverman
                                      --------------------

                                Page 1 of 4 pages
<PAGE>

Name and 13F file numbers of ALL Institutional Investment Mangers with respect
to which this schedule is filed (other than one filing this report). (List in
alphabetical order).

         13F file Numbers will be assigned to the Institutional Investment
Managers after they file their first report.

Name:                                                               13F File No.
- - --------------------------------------------------------------------------------
1.                                                                    28-6824
- - -----------------------------------------------------------------------------

                                Page 2 of 4 pages
<PAGE>
                                    Form 13F
                        Forstmann-Leff International Inc.
                          Quarter Ending March 31, 1999
<TABLE>
<CAPTION>
                    Item 1                      Item 2     Item 3        Item 4         Item 5               Item 6                
                    ------                      ------     ------        ------         ------               ------                
                                                Title                    Fair          Shares or       Investment Discretion       
                Name of Issuer                   of                      Market        Principal     --------------------------
                                                Class      CUSIP         Value          Amount       Sole      Shared     Other    
                                                                                                      (A)        (B)       (C)     
- - -------------------------------------------------------------------------------------------------------------------------------
<S>                                             <C>       <C>          <C>           <C>          <C>
Ace Ltd.                                        COMMON    G0070K103     57458602.5    1842360      1842360                         
Actel Corp.                                     COMMON    004934105      951024.44      57857        57857                         
Advo Inc.                                       COMMON    007585102     1218792.56      63109        63109                         
Axys Pharmaceuticals Inc.                       COMMON    054635107       45719.12      10918        10918                         
Cabletron Systems, Inc.                         COMMON    126920107      109548.75      13380        13380                         
Caribiner International Inc.                    COMMON    141888107         105923      11608        11608                         
Chelsea GCA Realty Inc.                         COMMON    163262108       224003.5       8036         8036                         
Creative Biomolecules Inc.                      COMMON    225270107       61262.75      26492        26492                         
Credence Systems Corporation                    COMMON    225302108      487488.75      22740        22740                         
Cubist Pharmaceuticals Inc.                     COMMON    229678107       43659.37      13971        13971                         
Encad Inc.                                      COMMON    292503109       145189.5      27012        27012                         
Equity Office Properties Trust                  COMMON    294741103       12429284     489824       489824                         
First Data Corp.                                COMMON    319963104        1489752      34848        34848                         
Health Managment Assoc. Inc. (Class A)          COMMON    421933102     1181773.12      96966        96966                         
HealthPlan Services Corp.                       COMMON    421959107      104793.37      14838        14838                         
Industrie-Matematik International Corp.         COMMON    455792101       23578.75      11608        11608                         
Intermedia Communications Inc.                  COMMON    458801107     1105416.75      41518        41518                         
Intuit Inc.                                     COMMON    461202103     2584551.75      25401        25401                         
Lennar Corp.                                    COMMON    526057104      324661.25      14510        14510                         
MBIA, Inc.                                      COMMON    55262C100        1034430      17835        17835                         
Mattel, Inc.                                    COMMON    577081102      818249.25      32812        32812                         
Mellon Bank Corp.                               COMMON    585509102    13257383.25     188382       188382                         
Newfield Exploration Co.                        COMMON    651290108      649292.25      28698        28698                         
Nexstar Pharmaceutical Inc.                     COMMON    65333B106     1558318.12      91330        91330                         
ObjectShare, Inc.                               COMMON    674426101        6743.62      17983        17983                         
Presley Companies                               COMMON    741030100      141887.5      227020       227020                         
Quest Education Corp.                           COMMON    74835F102      233508.75      25590        25590                         
Qwest Communications Inc.                       COMMON    749121109     8264322.84     114633       114633                         
Renaissancere Holdings Limited                  COMMON    G7496G103      202777.25       5804         5804                         
Santa Cruz Operation Inc.                       COMMON    801833104       218413.5      40168        40168                         
Transkaryotic Therapies Inc.                    COMMON    893735100      227806.25       7175         7175                         
United States Filter                            COMMON    911843209      422533.12      13797        13797                         
Veritas Software Corp.                          COMMON    923436109     5652540.37      70000        70000                         
Viasoft. Inc.                                   COMMON    92552U102      197117.25      47786        47786                         
Xomed Surgical Products, Inc.                   COMMON    98412V107      815575.75      20779        20779                         

<CAPTION>
                    Item 1                        Item 7                   Item 8
                    ------                        ------                   ------
                                                 Managers              Voting Authority
                Name of Issuer                  ------------------------------------------
                                                                   Sole    Shared     None
                                                                   (A)       (B)       (C)
- - ------------------------------------------------------------------------------------------
<S>                                             <C>
Ace Ltd.                                                        1842360
Actel Corp.                                                       57857
Advo Inc.                                                         63109
Axys Pharmaceuticals Inc.                                         10918
Cabletron Systems, Inc.                                           13380
Caribiner International Inc.                                      11608
Chelsea GCA Realty Inc.                                            8036
Creative Biomolecules Inc.                                        26492
Credence Systems Corporation                                      22740
Cubist Pharmaceuticals Inc.                                       13971
Encad Inc.                                                        27012
Equity Office Properties Trust                                   489824
First Data Corp.                                                  34848
Health Managment Assoc. Inc. (Class A)                            96966
HealthPlan Services Corp.                                         14838
Industrie-Matematik International Corp.                           11608
Intermedia Communications Inc.                                    41518
Intuit Inc.                                                       25401
Lennar Corp.                                                      14510
MBIA, Inc.                                                        17835
Mattel, Inc.                                                      32812
Mellon Bank Corp.                                                188382
Newfield Exploration Co.                                          28698
Nexstar Pharmaceutical Inc.                                       91330
ObjectShare, Inc.                                                 17983
Presley Companies                                                227020
Quest Education Corp.                                             25590
Qwest Communications Inc.                                        114633
Renaissancere Holdings Limited                                     5804
Santa Cruz Operation Inc.                                         40168
Transkaryotic Therapies Inc.                                       7175
United States Filter                                              13797
Veritas Software Corp.                                            70000
Viasoft. Inc.                                                     47786
Xomed Surgical Products, Inc.                                     20779
</TABLE>                                              
                                Page 3 of 4 pages
<PAGE>
                                    Form 13F
                        Forstmann-Leff International Inc.
                          Quarter Ending March 31, 1999
<TABLE>
<CAPTION>
                    Item 1                      Item 2     Item 3        Item 4         Item 5               Item 6
                    ------                      ------     ------        ------         ------               ------
                                                Title                    Fair          Shares or       Investment Discretion
                Name of Issuer                   of                      Market        Principal     --------------------------
                                                Class      CUSIP         Value          Amount       Sole      Shared     Other
                                                                                                      (A)        (B)       (C)
- - -------------------------------------------------------------------------------------------------------------------------------
<S>                                             <C>       <C>          <C>            <C>          <C>         <C>        <C>
Zitel Corp.                                     COMMON    989913108       32957.75      14252        14252                         
                                                                       ------------   -------    ------------------------------   
GRAND TOTAL                                                            113828882.1    3791040      3791040         0         0     
                                                                       ============   =======    ==============================   
<CAPTION>
                    Item 1                        Item 7                   Item 8
                    ------                        ------                   ------
                                                 Managers              Voting Authority
                Name of Issuer                  ------------------------------------------
                                                                 Sole     Shared      None
                                                                 (A)       (B)        (C)
- - ------------------------------------------------------------------------------------------
<S>                                              <C>          <C>         <C>         <C>
Zitel Corp.                                                     14252
                                                 ----------------------------------------
GRAND TOTAL                                         0         3791040       0           0
                                                 ========================================
</TABLE>
                                Page 4 of 4 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission