FORM 13F
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F COVER PAGE
If amended report check here [ ]
Name of Institutional Investment Manager:
Forest Investment Management, LLC
13F File Number:
28-7052
Business Address (Street, City, State and Zip Code):
53 Forest Avenue, Old Greenwich, CT 06870
Name, Phone, and Title of Person Authorized to Submit
This Report:
Michael A. Boyd, (203) 637-7773
Report for the Calendar Year or Quarter Ended:
March 31, 2000
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 Old Greenwich, State of
Connecticut on the 15th day of May, 2000.
FOREST INVESTMENT MANAGEMENT, LLC
By: Michael A. Boyd, Chairman
Report Type:
13F Holdings Report
List of other managers reporting for this manager:
NA
Summary Page
Report Summary:
Other Managers: NA
Information Table Entry Total:69
Information Table Value Total:$893,534
<TABLE> <C> <C>
Name of Issuer Title of Class Cusip Fair Shares of Investment DiscretManagers Voting Authority
Market ValuePrincipal AmSole Shared None Sole Shared None
ADAPTEC INC SB NT 00651FAC2 25,562,813 27,450,000x NA x
ADVANCED ENERGY INDS SUB N 007973AA8 1,633,500 1,350,000x NA x
AES CORP WT EX 00130H113 9,290,368 72,400x NA x
ASSISTED LIVING CONCEPTS INC SUB D 04543LAE9 651,750 1,185,000x NA x
ALKERMES INC SUB N 01642TAA6 13,469,775 16,327,000x NA x
ALKERMES INC PFD C 01642T405 2,208,494 13,963x NA x
ALEXION PHARMACEUTICALS INC SB NT 015351AA7 3,939,500 5,000,000x NA x
AMERICAN TOWER CORP NT CV 029912AE2 14,957,600 13,355,000x NA x
AMERICAN TOWER CORP NT CV 029912AB8 2,141,117 1,000,000x NA x
ANTEC CORP SUB N 03664PAB1 21,242,028 11,055,000x NA x
AMERICA ONLINE INC DEL SUB N 02364JAC8 555,000 1,000,000x NA x
AT HOME CORP SB NT 045919AD9 2,905,000 3,500,000x NA x
AT HOME CORP SB DB 045919AC1 7,781,250 15,000,000x NA x
ALZA CORP DEL SUB D 022615AD0 43,002,146 39,750,000x NA x
ALZA CORP DEL SUB L 022615AC2 10,470,560 20,000,000x NA x
CHIRON CORP SB CV 170040AB5 10,083,912 5,866,000x NA x
CHARMING SHOPPES INC SB NT 161133AA1 4,206,771 4,500,000x NA x
CHECKFREE HLDGS CORP SUB N 162816AA0 17,322,300 15,195,000x NA x
SEACOR SMIT INC SUBNT 811904AE1 10,193,625 9,945,000x NA x
COR THERAPEUTICS INC SB NT 217753AC6 1,662,450 1,500,000x NA x
CALLON PETE CO DEL PFD A 13123X201 1,309,472 45,800x NA x
DRS TECHNOLOGIES INC SR SB 23330XAB6 7,532,397 6,546,000x NA x
E TRADE GROUP INC SUB N 269246AA2 1,415,225 1,000,000x NA x
EMCOR GROUP INC SB NT 29084QAC4 4,026,253 4,300,000x NA x
FREEPORT-MCMORAN COPPER & GOL D PFD C 35671D501 630,560 42,500x NA x
FINANCIAL FED CORP SUB N 317492AC0 4,260,345 5,227,000x NA x
FOUR SEASONS HOTEL INC LYON 35100EAD6 30,113,115 107,500,000x NA x
GENZYME CORP SB NT 372917AF1 45,699,541 31,591,000x NA x
GST TELECOMMUNICATIONS INC SSBDI 361942AA3 3,800,994 4,600,000x NA x
HUMAN GENOME SCIENCES INC SUB N 444903AE8 39,607,144 44,565,000x NA x
HUMAN GENOME SCIENCES INC SB NT 444903AG3 7,315,603 12,050,000x NA x
INFORMATION ARCHITECTS CORP COM 45669R107 573,375 33,000x NA x
INTERNET CAP GROUP INC SUB N 46059CAA4 8,837,500 10,000,000x NA x
INTEGRATED DEVICE TECHNOLOGY SUB N 458118AA4 80,465,940 58,933,000x NA x
IMCLONE SYS INC SUB N 45245WAA7 1,651,602 2,000,000x NA x
INTERMAGNETICS GEN CORP SBDB1 458771AB8 10,526,444 8,590,000x NA x
INCYTE PHARMACEUTICALS INC SUB N 45337CAA0 5,265,000 6,500,000x NA x
I2 TECHNOLOGIES INC SUBNT 465754AD1 2,873,652 1,650,000x NA x
BAKER J INC SUB N 057232AA8 2,135,698 2,627,000x NA x
JUNIPER NETWORKS INC SB NT 48203RAA2 17,588,655 17,500,000x NA x
KULICKE & SOFFA INDS INC SUB N 501242AC5 767,150 500,000x NA x
MARSH SUPERMARKETS INC SUB D 571783AB5 2,942,676 3,292,000x NA x
MAGNA INTL INC SUB D 559222AE4 37,694,190 39,112,000x NA x
MICHAELS STORES INC SUB N 594087AC2 12,175,036 10,910,000x NA x
MILLENNIUM PHARMACEUTICALS IN C SUB N 599902AA1 6,981,578 7,500,000x NA x
METAMOR WORLDWIDE INC SB NT 59133PAA8 33,313,200 39,192,000x NA x
MICRON TECHNOLOGY INC SUB N 595112AB9 50,584,486 27,344,000x NA x
NABI INC SUB N 628716AB8 5,002,713 6,250,000x NA x
NATIONAL DATA CORP SUB N 635621AA3 8,149,770 9,819,000x NA x
NETWORKS ASSOCS INC SB DB 640938AB2 18,399,125 48,260,000x NA x
QUANEX CORP SB DB 747620AC6 763,066 862,000x NA x
OFFICE DEPOT INC LYON 676220AA4 1,027,163 1,505,000x NA x
PROTEIN DESIGN LABS INC SB NT 74369LAA1 5,560,000 8,000,000x NA x
PARK ELECTROCHEMICAL CORP SUBNT 700416AB6 1,651,230 1,952,000x NA x
PHOTRONICS INC SUB N 719405AA0 16,834,500 12,900,000x NA x
ROBBINS & MYERS INC SUB N 770196AA1 4,397,240 4,483,000x NA x
REPTRON ELECTRONICS INC SB NT 76026WAA7 2,280,189 3,301,000x NA x
SBS BROADCASTING SA ORD L8137F102 486,158 7,905x NA x
SYSTEMS & COMPUTER TECHNOLOGY SUB D 871873AB1 5,801,572 5,665,000x NA x
SEALED AIR CORP NEW PFD C 81211K209 34,830,000 675,000x NA x
SEPRACOR INC SB DB 817315AJ3 19,200,000 20,000,000x NA x
ARV ASSISTED LIVING INC COM 00204C107 256,134 178,180x NA x
STMICROELECTRONICS N V SUB L 861012AB8 49,840,500 29,800,000x NA x
TELXON CORP SUB D 879700AA0 536,457 610,000x NA x
UNITED STATES CELLULAR CORP LYON 911684AA6 47,638,640 70,000,000x NA x
VERTICALNET INC SB DB 92532LAA5 19,565,000 5,590,000x NA x
VITESSE SEMICONDUCTOR CORP SB DB 928497AA4 23,022,434 21,925,000x NA x
SPRINT CORP PCS C 8519259A7 1,149,940 500x NA x
YOUNG & RUBICAM INC SUB N 987425AA3 3,776,219 4,055,000x NA x
893,534,840 902,053,248
</TABLE>
