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.
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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):
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FORM 13F INFORMATION TABLE
Name of Reporting Manager: Diamond Capital Management Inc.
For Period Ending 3/31/99
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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
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