DIAMOND CAPITAL MANAGEMENT INC
13F-HR, 1999-05-12
Previous: DERBY CYCLE CORP, 10-Q, 1999-05-12
Next: FOX ENTERTAINMENT GROUP INC, 10-Q, 1999-05-12




                        UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C.  20549

                          FORM 13F
                              
                     FORM 13F COVER PAGE

Report for the Calendar Quarter Ended March 31, 1999

Check here if Amendment[ ];   Amendment Number:

This Amendment  			[ ] is a restatement
(Check only one):		[ ] adds new holdings entries
                          	

Institutional Investment Manager Filing this Report:

Name:       	 Diamond Capital Management Inc.
Address:    	 Dorinco 100
            	 Midland, MI  48674
             
13F File Number:  28-7248 	

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:        W. Jerry Burroughs
Title:       President, Diamond Capital
             Management Inc.
Phone:       517-636-2764


Signature, Place, and Date of Signing:

/S/ W. Jerry Burroughs   Midland, Michigan   April 20, 1999

Report Type (Check one only):

[X]        13F HOLDINGS REPORT
[ ]        13F NOTICE
[ ]        13F COMBINATION REPORT

List of Other Managers Reporting for this Manager:

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND
EXCHANGE ACT OF 1934.
<PAGE>                   

        		 FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    84

Form 13F Information Table                 $674,301
Value Total (X 1000):
<PAGE>                          

<TABLE>
		
                 	FORM 13F INFORMATION TABLE
 Name of Reporting Manager: Diamond Capital Management Inc.
                  For Period Ending 3/31/99
<S>                           <C>       <C>         <C>      <C>     <C>   <C>  <C>     <C>     <C>      <C>    <C>    <C>
Item 1                        Item 2     Item 3     Item 4       Item 5         Item 6          Item 7          Item 8    
                                                                                                                           
Name of Issuer                Title of   CUSIP       Value   Shares  Call  (a)   (b)     (c)    Other     (a)    (b)   (c)
                              Class                 (X 1000)           /   Sole Shared  Shared  Managers  Sole  Shared None
                                                                      Put         as    other                        
                                                                                Defined
MICROSOFT CORP                COM       594918104     41586   464000        X                             464000          
GENERAL ELEC CO               COM       369604103     34886   315350        X                             315350          
CITIGROUP INC                 COM       172967101     28372   444174        X                             444174          
MERCK & CO INC                COM       589331107     22131   276200        X                             276200          
WAL MART STORES INC           COM       931142103     21867   237200        X                             237200          
ROYAL DUTCH PETE CO           COM       780257804     20805   400100        X                             400100          
AMERICAN INTL GROUP INC       COM        26874107     19861   164650        X                             164650          
AMERICA ONLINE                COM       02364J104     18610   126600        X                             126600          
PFIZER INC                    COM       717081103     18384   132500        X                             132500          
LUCENT TECHNOLOGIES INC       COM       549463107     17680   163704        X                             163704          
PROCTER & GAMBLE CO           COM       742718109     17472   178400        X                             178400          
TYCO INTL LTD NEW             COM       902124106     17127   238700        X                             238700          
CHASE MANHATTAN CORP NEW      COM       16161A108     16226   199400        X                             199400          
BANKAMERICA CORP              COM       06605F102     15121   214100        X                             214100          
ANHEUSER BUSCH COS INC        COM        35229103     13695   179900        X                             179900          
MCI WORLDCOM INC              COM       55268B106     13415   151476        X                             151476          
JOHNSON & JOHNSON             COM       478160104     13053   139600        X                             139600          
GILLETTE CO                   COM       375766102     12993   218600        X                             218600          
EMC CORP MASS                 COM       268648102     12890   100900        X                             100900          
AMERICAN HOME PRODS CORP      COM        26609107     12437   190600        X                             190600          
SUN MICROSYSTEMS INC          COM       866810104     12331    98600        X                              98600          
BRISTOL MYERS SQUIBB CO       COM       110122108     11299   176200        X                             176200          
CISCO SYS INC                 COM       17275R102     11069   101025        X                             101025          
MCDONALDS CORP                COM       580135101     11034   243500        X                             243500          
MOBIL CORP                    COM       607059102     10710   121700        X                             121700          
PECO ENERGY CO                COM       693304107      9689   209500        X                             209500          
INTEL CORP                    COM       458140100      9451    79500        X                              79500          
AT&T CORP                     COM         1957109      8915   111700        X                             111700          
APPLIED MATLS INC             COM        38222105      8383   135900        X                             135900          
TELLABS INC                   COM       879664100      8231    84200        X                              84200          
FIRST DATA CORP               COM       319963104      7199   168400        X                             168400          
LOWES COS INC                 COM       548661107      7036   116300        X                             116300          
UNICOM CORP                   COM       904911104      6786   185600        X                             185600          
FEDERAL NATL MTG ASSN         COM       313586109      6773    97800        X                              97800          
SBC COMMUNICATIONS INC        COM       78387G103      6649   140900        X                             140900          
SCHERING PLOUGH CORP          COM       806605101      6580   119100        X                             119100          
EXXON CORP                    COM       302290101      6428    91100        X                              91100          
LEHMAN BROS HLDGS INC         COM       524908100      6280   105100        X                             105100          
COMCAST CORP                  COM       200300200      5790    92000        X                              92000          
FLEET FINL GROUP INC NEW      COM       338915101      5591   148600        X                             148600          
INTERNATIONAL BUSINESS MACHS  COM       459200101      5530    31200        X                              31200          
FPL GROUP INC                 COM       302571104      5229    98200        X                              98200          
LILLY ELI & CO                COM       532457108      5194    61200        X                              61200          
GUIDANT CORP                  COM       401698105      4894    80900        X                              80900          
TANDY CORP                    COM       875382103      4671    73200        X                              73200          
BLOCK H & R INC               COM        93671105      4505    95100        X                              95100          
KOHLS CORP                    COM       500255104      4281    60400        X                              60400          
COCA COLA CO                  COM       191216100      4161    67800        X                              67800          
CVS CORP                      COM       126650100      4080    85900        X                              85900          
SCHLUMBERGER LTD              COM       806857108      3978    66100        X                              66100          
DU PONT E I DE NEMOURS & CO   COM       263534109      3791    65300        X                              65300          
BELL ATLANTIC CORP            COM        77853109      3696    71500        X                              71500          
NEWELL CO                     COM       651192106      3643    76700        X                              76700          
UNITED HEALTHCARE CORP        COM       910581107      3368    64000        X                              64000          
MATTELL INC                   COM       577081102      3322   133200        X                             133200          
JEFFERSON PILOT CORP          COM       475070108      3282    48450        X                              48450          
FIRST UN CORP                 COM       337358105      3228    60400        X                              60400          
GENERAL DYNAMICS CORP         COM       369550108      3213    50000        X                              50000          
USX MARATHON GROUP            COM       902905827      3165   115100        X                             115100          
DELL COMPUTER CORP            COM       247025109      2829    69200        X                              69200          
MOTOROLA INC                  COM       620076109      2659    36300        X                              36300          
UNUM CORP                     COM       903192102      2466    51850        X                              51850          
NEW YORK TIMES CO             COM       650111107      2320    81400        X                              81400          
MASCO CORP                    COM       574599106      2319    82100        X                              82100          
RAYTHEON CO                   COM       755111408      2269    38700        X                              38700          
HEWLETT PACKARD CO            COM       428236103      2136    31500        X                              31500          
ALLERGAN INC                  COM        18490102      2100    23900        X                              23900          
DANAHER CORP DEL              COM       235851102      2095    40100        X                              40100          
DOVER CORP                    COM       260003108      2065    62800        X                              62800          
DISNEY WALT CO                COM       254687106      1930    62000        X                              62000          
UNILEVER N V                  COM       904784501      1694    25500        X                              25500          
XEROX CORP                    COM       984121103      1605    30800        X                              30800          
HERSHEY FOODS CORP            COM       427866108      1502    26800        X                              26800          
ILLINOIS TOOL WKS INC         COM       452308109      1485    24000        X                              24000          
CONAGRA INC                   COM       205887102      1466    57200        X                              57200          
COMPAQ COMPUTER CORP          COM       204493100      1459    46050        X                              46050          
BURLINGTON NORTHN SANTA FE CP COM       12189T104      1453    44200        X                              44200          
CEDANT CORP                   COM       151313103      1447    90800        X                              90800          
U S WEST INC                  COM       91273H101      1162    21100        X                              21100          
TEXAS UTILS CO                COM       882848104      1004    23900        X                              23900          
BARRICK GOLD CORP             COM        67901108       973    57000        X                              57000          
BMC SOFTWARE INC              COM        55921100       712    19200        X                              19200          
MBIA INC                      COM       55262C100       653    11250        X                              11250          
WRIGLEY WM JR CO              COM       982526105       434     4800        X                               4800          
                                                                                                                                  
TOTAL                                                 674301  9630979                                    9630979          
                                                                                                                        
</TABLE>


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