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Form 13F
Report for the Calendar Year or Quarter Ended MARCH 31 1999
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(Please read instructions before preparing form)
If amended report check here: [ ]
Name of Institutional Investment Manager:
JL ASSOCIATES, LLC
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Business Address:
Street 655 MADISON AVENUE City NEW YORK State NY Zip 10021
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Name, Phone No., and Title of Person Only Authorized to Submit This Report:
MICHAEL LEWITTES,(212) 593-2729, MANAGING MEMBER
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ATTENTION--Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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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 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 on the 21TH day of
APRIL , 1998.
JL ASSOCIATES, LLC
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(Name of Institutional Investment Manager)
[SIG]
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(Manual Signature of Person Duly Authorized to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report) (List in
alphabetical order).
13F File Numbers will be assigned to Institutional Investment
Managers after they file their first report.
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Name: 13F File No.: Name: 13F File No.:
<S> <C> <C> <C>
1. 8.
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2. 9.
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3. 10.
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4. 11.
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5. 12.
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6. 13.
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7. 14.
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Report for the Calander Quarter Ended March 31, 1999
FORM 13F
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(SEC USE ONLY)
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Name of Reporting Manager: JL ASSOCIATES, LLC
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ITEM 5:
ITEM 1: ITEM 2: ITEM 3: ITEM 4: SHARES OF
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET PRINCIPAL
NUMBER VALUE AMOUNT
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<S> <C> <C> <C> <C>
Airtouch Communications Inc COM 00949T100 $ 31,693,000 328,000
AMP Inc COM 031897101 $ 11,529,250 215,500
Comdisco Inc COM 200336105 $ 15,640,625 875,000
Citigroup Inc COM 172967101 $ 5,237,750 82,000
El Paso Elec Co COM 283677854 $ 13,282,407 1,741,955
Federal Home Loan Mortgage Corp CALL 313400901 $ 781,250 500
Federal Home Loan Mortgage Corp CALL 313400901 $ 506,250 500
Federal Home Loan Mortgage Corp COM 313400301 $ 10,139,688 177,500
Hallwood Realty Partners LP DEPOSIT UT NEW 40636T203 $ 747,000 14,400
Pulitzer Pubg Co COM 745771105 $ 6,688,363 165,400
RJR Nabisco Holdings Corp COM NEW 745771105 $ 6,688,363 165,400
COLUMN TOTALS $ 97,695,583
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<TABLE>
<CAPTION>
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ITEM 6: ITEM 8:
ITEM 1: INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
NAME OF ISSUER -------------------------------------- ITEM 7: ---------------------------------
(b) SHARED- MANAGERS
(a) SOLE AS DEFINED (c) SHARED- SEE INSTR. V (a) SOLE (b) SHARED (c) NONE
IN INSTR. V OTHER
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<S> <C> <C> <C> <C> <C> <C>
Airtouch Communications Inc X X
AMP Inc X X
Comdisco Inc X X
Citigroup Inc X X
El Paso Elec Co X X
Federal Home Loan Mortgage Corp X X
Federal Home Loan Mortgage Corp X X
Federal Home Loan Mortgage Corp X X
Hallwood Realty Partners LP X X
Pulitzer Pubg Co X X
RJR Nabisco Holdings Corp X X
COLUMN TOTALS
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