UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [X]; Amendment Number: 7
---
This Amendment No. 7 is being filed solely to correct certain
errors in Amendment No. 6 as filed on August 16, 1999.
This Amendment (check only one): [X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: RLH Management
Address: 1114 Avenue of the Americas
New York, NY 10036
13F File Number: 28-6874
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 informa
tion 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: Richard L. Haydon
Title: Managing General Partner
Phone: (212) 277-5606
Signature, Place, and Date of Signing:
/s/ Richard L. Haydon New York, NY
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[Signature] [City, State]
August 19, 1999
[Date]
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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 manag-
er(s).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 63
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Form 13F Information Table Value Total: $ 152,180
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(thousands)
List of Other Included Managers:
NONE
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<TABLE>
FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
<S> <C> <C> <C> <C> <C> <C> <C>
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
ADVANTICA RESTAURANT
GROUP INC COM 00758B 10 9 $1,495 434,930 SOLE 434,930
ALLOY ONLINE INC COM 019855 10 5 $178 15,600 SOLE 15,600
ARK RESTAURANTS CORP COM 040712 10 1 $216 19,600 SOLE 19,600
BEC ENERGY COM 05538M 10 1 $825 20,000 SOLE 20,000
BERGEN BRUNSWIG CORP CL A 083739 10 2 $5,378 311,701 SOLE 311,701
BEVERLY ENTERPRISES INC COM 087851 10 1 $4,042 501,300 SOLE 501,300
CENDANT CORP COM 151313 10 3 $7,094 346,000 SOLE 346,000
COLE NATIONAL CORP CL A 193290 10 3 $1,637 206,200 SOLE 206,200
CONECTIV INC COM 206829 10 3 $1,832 75,000 SOLE 75,000
CONSORCIO G GRUPO DINA SA CV COM 210306 20 5 $45 30,000 SOLE 30,000
CORAM HEATHCARE CORP COM 218103 10 9 $3,680 2,103,204 SOLE 2,103,204
COYOTE NETWORK SYSTEMS INC COM 22406P 10 8 $1,431 264,630 SOLE 264,630
DATA BROADCASTING CORP COM 237596 10 1 $137 13,000 SOLE 13,000
DELPHI AUTOMOTIVE SYS CORP COM 247126 10 5 $260 14,000 SOLE 14,000
DELTA WOODPSIDE INDS INC NEW COM 247909 10 4 $1,261 214,600 SOLE 214,600
EASTERN UTILS ASSOC COM 277173 10 0 $292 10,000 SOLE 10,000
EDISON INTL COM 281020 10 7 $5,303 198,250 SOLE 198,250
EL PASO ELEC CO COM NEW 283677 85 4 $4,645 519,800 SOLE 519,800
ENTERGY CORP NEW COM 29364G 10 3 $250 8,000 SOLE 8,000
FASHIONMALL COM COM 31186K 10 6 $393 54,700 SOLE` 54,700
FLANDERS CORP COM 338494 10 7 $106 30,000 SOLE 30,000
FRANCHISE FIN CORP AMER COM 351807 10 2 $1,558 70,000 SOLE 70,000
FRIENDLY ICE CREAM CORP NEW COM 358497 10 5 $80 10,000 SOLE 10,000
GERALD STEVENS INC COM 37369G 10 1 $574 47,800 SOLE 47,800
GREYHOUND LINES INC SB DEB CV 8.5%07 398048 AD 0 $294 9,000 SOLE 9,000
GRIFFON CORP COM 398433 10 2 $4,335 554,775 SOLE 554,775
HAWAIIAN AIRLS INC NEW COM 419849 10 4 $2,114 787,116 SOLE 787,116
HEARST-ARGYLE TELEVISION INC COM 422317 10 7 $236 9,834 SOLE 9,834
ILLINOVA CORP COM 452317 10 0 $1,363 50,000 SOLE 50,000
KEYSPAN ENERGY COM 49337K 10 6 $791 30,000 SOLE 30,000
KEYSTONE AUTOMOTIVE COM 49338N 10 9 $1,675 96,400 SOLE 96,400
INDS INC
LAIDLAW INC COM 50730K 50 3 $296 40,000 SOLE 40,000
MARINER POST-ACUTE COM 568459 10 1 $ 6 10,719 SOLE 10,719
NETWORK INC
</TABLE>
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<TABLE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
<S> <C> <C> <C> <C> <C> <C> <C>
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
MIDCAP SPDR TR UNIT SER 1 595635 10 3 $2,039 26,000 SOLE 26,000
MILLER HERMAN INC COM 600544 10 0 $1,785 85,000 SOLE 85,000
MARK IV INDS INC COM 570387 10 0 $9,328 441,523 SOLE 441,523
MAXIM GROUP INC COM 57772J 10 4 $3,047 350,800 SOLE 350,800
NAVISTAR INTL CORP NEW COM 63934E 10 8 $5,200 104,000 SOLE 104,000
NCR CORP NEW COM 62886E 10 8 $3,661 75,000 SOLE 75,000
NIAGRA MOHAWK HLDGS INC COM 653520 10 6 $649 40,400 SOLE 40,400
NOVELL INC COM 670006 10 5 $16,071 606,500 SOLE 606,500
O'SULLIVAN INDS HLDGS INC COM 688609 10 6 $9,202 541,300 SOLE 541,300
PENN TREATY AMERN CORP COM 707874 10 3 $1,805 75,000 SOLE 75,000
PHILIP SERVICES CORP COM 71819M 10 3 $846 3,254,900 SOLE 3,254,900
PRIME HOSPITALITY CORP COM 741917 10 8 $9,415 787,930 SOLE 787,930
PROTECTION ONE INC COM 743663 30 4 $430 80,000 SOLE 80,000
PUBLIC SVC ENTERPRISE GROUP COM 744573 10 6 $2,375 58,200 SOLE 58,200
PULITZER INC COM 745769 10 9 $219 4,500 SOLE 4,500
QUADRAMED CORP COM 74730W 10 1 $8,097 996,700 SOLE 996,700
QUIXOTE CORP COM 749056 10 7 $244 20,000 SOLE 20,000
ROCHESTER GAS & ELEC CORP COM 771367 10 9 $1,063 40,000 SOLE 40,000
SCHWAB CHARLES CORP NEW COM 808513 10 5 $1,308 12,000 SOLE 12,000
SIZZLER INTL INC COM 830139 10 1 $590 262,100 SOLE 262,100
STEELCASE INC CL A 858155 20 3 $500 25,000 SOLE 25,000
SUN BANCORP INC COM 866634 10 8 $272 15,540 SOLE 15,540
SUN HEALTHCARE GROUP INC COM 866933 10 4 $11 29,000 SOLE 29,000
US VISION INC COM 009033 9M 1 $180 34,500 SOLE 34,500
UNISYS CORP COM 909214 10 8 $7,883 202,456 SOLE 202,456
UNISYS CORP PFD A CV $3.75 909214 20 7 $475 7,296 SOLE 7,296
UTILICORP UTD INC COM 918005 10 9 $210 8,625 SOLE 8,625
VISION TWENTY-ONE INC COM 92831N 10 1 $158 19,000 SOLE 19,000
WESTERN RES INC COM 959425 10 9 $9,870 370,700 SOLE 370,700
ZIPLINK INC COM 989741 10 3 $1,425 114,000 SOLE 114,000
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