UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Pequot Capital Management, Inc.
Address: 500 Nyala Farm Road
Westport, CT 06880
Form 13F File Number: 28-
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: Amiel M. Peretz
Title: Chief Operating Officer
Phone: (203) 429-2200
Signature, Place, and Date of Signing:
/s/Amiel M. Peretz Westport, CT 5/14/99
[Signature] [City, State] [Date]
Report Type (Check only one.):
[x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for the Manager:
NONE
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 492
Form 13F Information Table Value Total: $7,290,665
List of Other Included Managers: NONE
<TABLE>
<CAPTION>
FORM 13F INFORMATION
NAME OF ISSUER VALUE SHRS OR SHRS/ PUT/ INVESTMENT OTHER
TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE
- ----------------------------------------- ---------- -------- -------- ----- ---- ---------- ----- -------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CARDIMA INC COMMON RESTRICTED 14147M999 950 500000 SH SOLE 500000
COMMON STOCK
CARDIO TECH INTERNATIONAL, INC RSTD 14160C993 275 250000 SH SOLE 250000
COMMON STOCK
CRUS 6% DUE 12/15/03 172755AC4 1020 15000 PRN SOLE 15000
CORPORATE BOND
CONVERSION TECH INTL SERIES A CONV PREF 212545990 24 25200 SH SOLE 25200
PREFERRED STOCK
DELTA OMEGA TECH LTD RSTD 247782907 46 60739 SH SOLE 60739
COMMON STOCK
LASERSIGHT SER D CONV P/S 517924965 10500 2000000 SH SOLE 2000000
PREFERRED STOCK
LASERSIGHT INCORPORATED, C/S RSTD 517924973 2100 500000 SH SOLE 500000
COMMON STOCK
MESSAGEMEDIA, INC RESTRICTED C/S 590787990 15882 2352942 SH SOLE 2352942
COMMON STOCK
NETEGRITY, INC RSTD 64110P909 778 86956 SH SOLE 86956
COMMON STOCK
NETEGRITY SERIES D PREFERRED 64110P974 29833 3333334 SH SOLE 3333334
PREFERRED STOCK
NOVACARE 5.5% DUE 1/15/00 669930AA7 266 3750 PRN SOLE 3750
CORPORATE BOND
ORTEC INTERNATIONAL RSTD 68749B991 1540 200000 SH SOLE 200000
COMMON STOCK
PROCEPT, INC. RSTD 742683998 26 12500 SH SOLE 12500
COMMON STOCK
RAILAMERICA INC SER A 7.5% CONV PFD 750753998 3394 160000 SH SOLE 160000
PREFERRED STOCK
STM WIRELESS INC RSTD STOCK 784776999 1314 571429 SH SOLE 571429
COMMON STOCK
SWMC SER A PREFERRED 79971E942 0 75442 SH SOLE 75442
PREFERRED STOCK
SELLCO NOTE 12% DUE 12/15/04 81641KAA8 62 41311 PRN SOLE 41311
CORPORATE BOND
SHARED TECH CELLULAR SER C CONV PFD RSTD 819487984 1379 1441 SH SOLE 1441
PREFERRED STOCK
THERMOGENESIS CORP SER A CONV RDM PFD 883623993 650 80000 SH SOLE 80000
PREFERRED STOCK
TREMONT ADVISERS INC CL B COM 894729201 657 65712 SH SOLE 65712
COMMON STOCK
TRIKON TECH RSTD COMMON 7/1/99 89618A971 320 3999999 SH SOLE 3999999
COMMON STOCK
TRIKON TECH RSTD COMMON 10/7/98 89618A989 114 1425752 SH SOLE 1425752
COMMON STOCK
TRIKON TECHNOLOGIES RSTD COMON 89618A997 376 4696758 SH SOLE 4696758
COMMON STOCK
24/7 MEDIA INC 901314997 19753 383551 SH SOLE 383551
COMMON STOCK
USDL CONV SUB DEB 9% DUE 3/31/03 90328QAB4 345 5000 PRN SOLE 5000
CONVERTIBLE BOND
VERTEL CORP. RSTD COMMON 924907991 1175 1000000 SH SOLE 1000000
COMMON STOCK
WSII 7% CONV. NOTE DUE 5/13/05 94106PAB6 1395 15000 PRN SOLE 15000
CONVERTIBLE BOND
WESTFED HOLDINGS 15.5% 9/15/99 960080AB5 1134 14000 PRN SOLE 14000
CORPORATE BOND
ARCADIA FINANCIAL LTD. 039101100 170 35800 SH SOLE 35800
COMMON STOCK
APPLE COMPUTER INC COM 037833100 6196 172400 SH SOLE 172400
COMMON STOCK
AMERICAN BUSINESS PRODUCTS INC 024763104 1443 103100 SH SOLE 103100
COMMON STOCK
AU BON PAIN CO INC U SD CL-A COM 050103100 1181 225000 SH SOLE 225000
COMMON STOCK
ALPHA BETA TECHNOLOGY INC 02071K105 0 10000 SH SOLE 10000
COMMON STOCK
ACE LTD USD COM G0070K103 52844 1694400 SH SOLE 1694400
COMMON STOCK
ACUSON COM 005113105 1948 130400 SH SOLE 130400
COMMON STOCK
ACX TECHNOLOGIES, INC. 005123104 3174 241800 SH SOLE 241800
COMMON STOCK
ADAPTEC INC COM 00651F108 21667 949800 SH SOLE 949800
COMMON STOCK
ANGELICA CORP COM 034663104 280 20000 SH SOLE 20000
COMMON STOCK
AGOURON PHAR. INC 008488108 1397 24700 SH SOLE 24700
COMMON STOCK
AMERICAN INTERNATIONAL GROUP INC 026874107 28769 238500 SH SOLE 238500
COMMON STOCK
CALL AIG MAY 110 0268740EB 2725 200000 SH CALL SOLE 200000
OPTIONS-CALLS
AKORN INC 009728106 1538 370000 SH SOLE 370000
COMMON STOCK
ALCATEL ALSTHOM 013904305 454 19886 SH SOLE 19886
COMMON STOCK
ALTERNATIVE LIVING SVCS INC 02145K107 400 20000 SH SOLE 20000
COMMON STOCK
ALLIANCE SEMI CONDUCTOR CORP 01877H100 161 64300 SH SOLE 64300
COMMON STOCK
ALTERA CORP COM 021441100 4599 77300 SH SOLE 77300
COMMON STOCK
ALEXION PHARMACEUTICALS INC 015351109 253 30000 SH SOLE 30000
COMMON STOCK
APPLIED MATLS INC COM 038222105 214093 3470600 SH SOLE 3470600
COMMON STOCK
AMERICAN CLASSIC VOY 024928103 650 40000 SH SOLE 40000
COMMON STOCK
ADVANCED MICRO DEVIC ES INC USD.01 007903107 3024 195100 SH SOLE 195100
COMMON STOCK
AMGEN INC USD.0001 COM 031162100 85567 1142800 SH SOLE 1142800
COMMON STOCK
AMERICAN PAD AND PAPER 028816106 27 18100 SH SOLE 18100
COMMON STOCK
AMR CORP COM 001765106 35056 598600 SH SOLE 598600
COMMON STOCK
AMAZON COM INC 023135106 122081 709000 SH SOLE 709000
COMMON STOCK
AON CORP 037389103 52194 825200 SH SOLE 825200
COMMON STOCK
AMERICA ONLINE, INC. 02364J104 337024 2292680 SH SOLE 2292680
COMMON STOCK
APAC TELESERVICES INC 00185E106 67 20000 SH SOLE 20000
COMMON STOCK
AMERICAN PWR CONVERSION CORP 029066107 3078 114000 SH SOLE 114000
COMMON STOCK
AUTOMOBILE PROTECTION CORP 052905106 160 20000 SH SOLE 20000
COMMON STOCK
APPLIX INC. 038316105 994 233800 SH SOLE 233800
COMMON STOCK
APPLEBEES INTER INC 037899101 3722 150000 SH SOLE 150000
COMMON STOCK
APS HOLDING CORP 001937101 1 10000 SH SOLE 10000
COMMON STOCK
ARTHROCARE CORP 043136100 269 16300 SH SOLE 16300
COMMON STOCK
ASHANTI GOLDFIELDS CO LTD 043743202 438 50000 SH SOLE 50000
COMMON STOCK
AUTHENTIC FITNESS CO 052661105 309 20000 SH SOLE 20000
COMMON STOCK
ASM LITHOGRAPHY HOLDINGS NV N07059111 105588 2346400 SH SOLE 2346400
COMMON STOCK
ASCEND COMMUNICATIONS 043491109 62185 743060 SH SOLE 743060
COMMON STOCK
ARCHITEL SYSTEMS CORP 039917109 624 32500 SH SOLE 32500
COMMON STOCK
AIRTOUCH COMMUNICATIONS, INC. 00949T100 53820 557000 SH SOLE 557000
COMMON STOCK
ATMEL CORP COM 049513104 313 20600 SH SOLE 20600
COMMON STOCK
ANGLOGOLD LTD SPON ADR 035128206 403 20000 SH SOLE 20000
COMMON STOCK
CALL AU APRIL 17.5 0351280DW 55 20000 SH CALL SOLE 20000
OPTIONS-CALLS
AULT INC 051503100 80 10000 SH SOLE 10000
COMMON STOCK
AVIGEN INC 053690103 1175 200000 SH SOLE 200000
COMMON STOCK
ALZA CORP 022615108 1148 30000 SH SOLE 30000
COMMON STOCK
BAXTER INTERNATIONAL INC USD1 COM 071813109 1316 19940 SH SOLE 19940
COMMON STOCK
BURLINGTON COAT FACTORY WHSE CORP 121579106 838 71280 SH SOLE 71280
COMMON STOCK
BOSTON COMMUNICATION 100582105 2730 280000 SH SOLE 280000
COMMON STOCK
PUT BMCS APR 40 0559210PH 109 30000 SH PUT SOLE 30000
OPTIONS-PUTS
BROADCAST.COM INC 111310108 72390 612500 SH SOLE 612500
COMMON STOCK
BLONDER TONGUE LABS 093698108 550 110000 SH SOLE 110000
COMMON STOCK
SUMMIT TECH 86627E101 110 10000 SH SOLE 10000
COMMON STOCK
BIOGEN N V COM 090597105 800 7000 SH SOLE 7000
COMMON STOCK
BIG FLOWER PRESS 089159107 934 30000 SH SOLE 30000
COMMON STOCK
B I INC COM (NEW) 055467203 2598 273500 SH SOLE 273500
COMMON STOCK
IMMUCOR 452526106 185 20000 SH SOLE 20000
COMMON STOCK
INTERPORE INTERNATIONAL 46062W107 225 50000 SH SOLE 50000
COMMON STOCK
PUT BCHE APR 27.5 09058T0PY 182 30000 SH PUT SOLE 30000
OPTIONS-PUTS
BROADCOM CORP 111320107 193946 3147200 SH SOLE 3147200
COMMON STOCK
SCORE BOARD INC 809173206 0 10000 SH SOLE 10000
COMMON STOCK
BOSTON SCIENTIFIC 101137107 18513 455700 SH SOLE 455700
COMMON STOCK
BLYTH INDUSTRIES INC 09643P108 2008 85000 SH SOLE 85000
COMMON STOCK
PUT BTH APR 30 09643P0PF 536 82500 SH PUT SOLE 82500
OPTIONS-PUTS
BATTERY TECHNOLOGIES INC 07132T102 9 152800 SH SOLE 152800
COMMON STOCK
BIOVAIL CORP INTN'L 09067K106 3769 97900 SH SOLE 97900
COMMON STOCK
BRITESMILE INC 110415106 133 20000 SH SOLE 20000
COMMON STOCK
BLUEGREEN CORP 096231105 1463 300000 SH SOLE 300000
COMMON STOCK
BIOMATRIX INC 09060P102 1560 20000 SH SOLE 20000
COMMON STOCK
BEYOND.COM 08860E101 2040 77900 SH SOLE 77900
COMMON STOCK
CITIGROUP 172967101 20648 323250 SH SOLE 323250
COMMON STOCK
CAERE CORP COM 127646107 3150 300000 SH SOLE 300000
COMMON STOCK
CHESAPEAKE BIOLOGICAL LABS INC 165146101 169 90000 SH SOLE 90000
COMMON STOCK
CBS INC 124845108 36360 890900 SH SOLE 890900
COMMON STOCK
CALL CBS JULY 32.5 12490KEGZ 2076 220000 SH CALL SOLE 220000
OPTIONS-CALLS
CUTTER & BUCK 232217109 960 30000 SH SOLE 30000
COMMON STOCK
CONCENTRA MANAGED CARE INC 20589T103 870 60000 SH SOLE 60000
COMMON STOCK
CADENCE DESIGN SYSTEMS INC 127387108 4287 166500 SH SOLE 166500
COMMON STOCK
CONSOLIDATED PAPERS 209759109 5288 225000 SH SOLE 225000
COMMON STOCK
CERNER CORP COM 156782104 962 59900 SH SOLE 59900
COMMON STOCK
CENTRAL EUROPEAN MEDIA G20045103 644 50000 SH SOLE 50000
COMMON STOCK
CHAMPION 158525105 12093 294500 SH SOLE 294500
COMMON STOCK
CHESAPEAKE ENERGY CO 165167107 855 621700 SH SOLE 621700
COMMON STOCK
CHECKERS DRIVE -IN RESTAURANTS INC 162809107 9 25300 SH SOLE 25300
COMMON STOCK
CHECKPOINT SYS INC COM 162825103 291 35000 SH SOLE 35000
COMMON STOCK
CADIZ LD INC COM 127537108 640 80000 SH SOLE 80000
COMMON STOCK
CELLSTAR CORP COM 150925105 943 90900 SH SOLE 90900
COMMON STOCK
CELERITEK INC 150926103 320 80000 SH SOLE 80000
COMMON STOCK
CMG INFO SERVICES 125750109 85161 465200 SH SOLE 465200
COMMON STOCK
COMPUMED INC 204914402 55 125000 SH SOLE 125000
COMMON STOCK
COMARCO INC 200080109 1125 50000 SH SOLE 50000
COMMON STOCK
COMVERSE TECHNOLOGY INC 205862402 46155 543000 SH SOLE 543000
COMMON STOCK
CONCENTRIC NETWORK CORP 20589R107 523 7000 SH SOLE 7000
COMMON STOCK
CAP. ONE FINANCIAL 14040H105 85647 567200 SH SOLE 567200
COMMON STOCK
COHERENT INC. 192479103 3443 250400 SH SOLE 250400
COMMON STOCK
CORECOMM LIMITED G2422R109 368 10000 SH SOLE 10000
COMMON STOCK
3COM CORP COM 885535104 10707 459278 SH SOLE 459278
COMMON STOCK
COSTCO COMPANIES INC 22160Q102 83029 906800 SH SOLE 906800
COMMON STOCK
COTT CORPORATION COM 22163N106 347 142200 SH SOLE 142200
COMMON STOCK
COMPAQ COMPUTER CORP COM 204493100 412 13000 SH SOLE 13000
COMMON STOCK
CRITICAL PATH 22674V100 11550 150000 SH SOLE 150000
COMMON STOCK
PUT NETA APR 35 640938EPG 304 60000 SH PUT SOLE 60000
OPTIONS-PUTS
CREDITRUST CORPORATION 225429109 1086 55000 SH SOLE 55000
COMMON STOCK
CELERIS CORP 15100K102 37 35000 SH SOLE 35000
COMMON STOCK
CRYSTAL SYSTEMS SOLUTIONS LTD M26763108 189 25000 SH SOLE 25000
COMMON STOCK
COMPUTER SCIENCES CORP 205363104 1104 20000 SH SOLE 20000
COMMON STOCK
PUT CSC APR 60 2053630PL 169 30000 SH PUT SOLE 30000
OPTIONS-PUTS
PUT CSC MAY 65 2053630QM 330 30000 SH PUT SOLE 30000
OPTIONS-PUTS
CISCO SYS INC COM 17275R102 332139 3031500 SH SOLE 3031500
COMMON STOCK
COINSTAR 19259P300 564 35000 SH SOLE 35000
COMMON STOCK
CELTRIX PHARMACEUTICALS INC 151186103 1505 1376100 SH SOLE 1376100
COMMON STOCK
CARDIO THORACIC SYST 141907105 679 71000 SH SOLE 71000
COMMON STOCK
CYBERCASH, INC 232462101 706 50000 SH SOLE 50000
COMMON STOCK
COYOTE NETWORK SYSTEMS 22406P108 891 151704 SH SOLE 151704
COMMON STOCK
CYTYC CORP 232946103 1598 115200 SH SOLE 115200
COMMON STOCK
DA CONSULTING GROUP 233027101 314 31800 SH SOLE 31800
COMMON STOCK
DAVOX CORP 239208101 119 19200 SH SOLE 19200
COMMON STOCK
DOUBLE CLICK INC. 258609304 61355 337000 SH SOLE 337000
COMMON STOCK
DANA CORP COM 235811106 34869 917600 SH SOLE 917600
COMMON STOCK
DIGITAL COURIER TECHNOLOGIES INC 253838106 1169 212500 SH SOLE 212500
COMMON STOCK
DELL COMPUTER CORP COM 247025109 455290 11138600 SH SOLE 11138600
COMMON STOCK
DEPARTMENT 56 INC. 249509100 1546 50800 SH SOLE 50800
COMMON STOCK
DIGITAL GENERATION SYSTEMS INC 253921100 20765 4746178 SH SOLE 4746178
COMMON STOCK
DAYTON HUDSON 239753106 72062 1081600 SH SOLE 1081600
COMMON STOCK
DISNEY WALT CO USD.025 COM 254687106 26612 855000 SH SOLE 855000
COMMON STOCK
D AND K HEALTHCARE RESOURCES INC. 232861104 6210 250900 SH SOLE 250900
COMMON STOCK
DELIAS INC 246885107 6836 217000 SH SOLE 217000
COMMON STOCK
DEPOMED INC 249908104 121 12000 SH SOLE 12000
COMMON STOCK
ENDOREX CORP 29264N307 432 216217 SH SOLE 216217
COMMON STOCK
AMDOCS LTD G02602103 18771 868000 SH SOLE 868000
COMMON STOCK
PUT DRD APR 30 2635780PF 59 20000 SH PUT SOLE 20000
OPTIONS-PUTS
DENDRITE INTERNATIONAL 248239105 339 15200 SH SOLE 15200
COMMON STOCK
DSP COMMUNICATIONS 23332K106 8487 534600 SH SOLE 534600
COMMON STOCK
DURA PHARM INC COM 26632S109 141 10000 SH SOLE 10000
COMMON STOCK
DAXOR CORP 239467103 688 50000 SH SOLE 50000
COMMON STOCK
DYCOM INC 267475101 8700 200000 SH SOLE 200000
COMMON STOCK
EBAY INC 278642103 172053 1253000 SH SOLE 1253000
COMMON STOCK
ENNIS BUSINESS FORMS 293389102 81 10000 SH SOLE 10000
COMMON STOCK
ELECTRO BRAIN INTL CORP 285062204 0 19500 SH SOLE 19500
COMMON STOCK
ECLIPSYS CORP 278856109 277 13125 SH SOLE 13125
COMMON STOCK
PUT EFX APR 40 2944290PH 115 20000 SH PUT SOLE 20000
OPTIONS-PUTS
E TRADE GROUP INC 269246104 90268 1548000 SH SOLE 1548000
COMMON STOCK
EIDOS PLC-SPONSORED ADR 282485101 3244 100000 SH SOLE 100000
COMMON STOCK
ELCOR CORP COM 284443108 5232 148700 SH SOLE 148700
COMMON STOCK
EMCOR GROUP INC 29084Q100 2922 170000 SH SOLE 170000
COMMON STOCK
ENDOCARE INC. 29264P104 3268 857143 SH SOLE 857143
COMMON STOCK
ENRON 293561106 53565 833700 SH SOLE 833700
COMMON STOCK
CALL ENE APR 55 2935610DK 4688 500000 SH CALL SOLE 500000
OPTIONS-CALLS
CALL ENE JULY 55 2932610GK] 2856 268800 SH CALL SOLE 268800
OPTIONS-CALLS
ENZON INC 293904108 5640 382400 SH SOLE 382400
COMMON STOCK
EPITOPE INC 294261102 150 30000 SH SOLE 30000
COMMON STOCK
ESC MEDICAL SYSTEMS M40868107 565 82125 SH SOLE 82125
COMMON STOCK
ELECTRO SCIENTIFIC INDS. 285229100 1539 33100 SH SOLE 33100
COMMON STOCK
EMPLOYEE SOLUTIONS 292166105 200 200000 SH SOLE 200000
COMMON STOCK
EPRESS SCRIPTS 302182100 859 10000 SH SOLE 10000
COMMON STOCK
ECLIPSE SURGICAL TEC 278849104 131 12500 SH SOLE 12500
COMMON STOCK
ENSCO INTERNATIONAL INC 26874Q100 517 38800 SH SOLE 38800
COMMON STOCK
EURO NEVADA MINING 29870P100 534 40000 SH SOLE 40000
COMMON STOCK
EXOGEN INC 302092101 1884 735294 SH SOLE 735294
COMMON STOCK
E Z CORP INC CL A 302301106 69 10000 SH SOLE 10000
COMMON STOCK
FEMALE HEALTH CO 314462102 25 20000 SH SOLE 20000
COMMON STOCK
FILENET CORP 316869106 2198 314000 SH SOLE 314000
COMMON STOCK
FALCON DRILLING COMPANY INC 7491ZE101 12554 1455552 SH SOLE 1455552
COMMON STOCK
FILA HOLDINGS SPA 316850106 107 13000 SH SOLE 13000
COMMON STOCK
FLOW INTERNATIONAL CORP 343468104 484 49000 SH SOLE 49000
COMMON STOCK
FORMIDA HOLDINGS LTD Q3928X102 611 873950 SH SOLE 873950
COMMON STOCK
FUNCO INC 360762108 1980 90000 SH SOLE 90000
COMMON STOCK
FINET HOLDING CORP 317922300 2208 450000 SH SOLE 450000
COMMON STOCK
PUT FON APR 100 8520610PT 3140 707500 SH PUT SOLE 707500
OPTIONS-PUTS
FORE SYSTEMS INC 345449102 3358 177600 SH SOLE 177600
COMMON STOCK
FOSSIL INC 349882100 894 30000 SH SOLE 30000
COMMON STOCK
FASTCOMM COMMUNICATN CORP 311871107 67 41250 SH SOLE 41250
COMMON STOCK
FSI INTL INC COM 302633102 207 34500 SH SOLE 34500
COMMON STOCK
FIRST TEAM SPORTS 337157101 70 35000 SH SOLE 35000
COMMON STOCK
FUISZ TECH LTD 359536109 1204 183500 SH SOLE 183500
COMMON STOCK
PUT GAC MAY 50 4027340QJ 84 10000 SH PUT SOLE 10000
OPTIONS-PUTS
GLOBIX CORP 37957F101 10448 280000 SH SOLE 280000
COMMON STOCK
GARDEN BOTONIKA INC 364854109 2 10000 SH SOLE 10000
COMMON STOCK
GRAHAM-FIELD HEALTH PRODUCTS INC 384632105 44 24000 SH SOLE 24000
COMMON STOCK
GETCHELL GOLD CORP 374265106 1571 60000 SH SOLE 60000
COMMON STOCK
GIGA INFORMATION GROUP INC 37517M109 2952 761906 SH SOLE 761906
COMMON STOCK
GILEAD SCIENCES INC COM 375558103 18737 411800 SH SOLE 411800
COMMON STOCK
GLOBAL MARINE INC. 379352404 1244 105900 SH SOLE 105900
COMMON STOCK
GEMSTAR INTERNATIONAL G3788V106 11747 156100 SH SOLE 156100
COMMON STOCK
GENTEX CORP COM 371901109 1725 80000 SH SOLE 80000
COMMON STOCK
GAP INC COM 364760108 57606 855800 SH SOLE 855800
COMMON STOCK
CALL GPS JUNE 60 3647600FL 2050 200000 SH CALL SOLE 200000
OPTIONS-CALLS
GP STRATEGIES CORP 36225V104 6763 381000 SH SOLE 381000
COMMON STOCK
GENERAL SURGICAL INNOVATIONS INC 371013103 39 10000 SH SOLE 10000
COMMON STOCK
GLOBALSTAR TELECOM G3930H104 9729 701220 SH SOLE 701220
COMMON STOCK
GTE CORP 362320103 53240 880000 SH SOLE 880000
COMMON STOCK
HEARTLAND WIRELESS COMMUNICATIONS 42235W108 1 10000 SH SOLE 10000
COMMON STOCK
HASBRO INC 4183260OI 29230 1010100 SH SOLE 1010100
COMMON STOCK
HEALTH CARE SERVICE GROUP 421906108 8342 878100 SH SOLE 878100
COMMON STOCK
HOME DEPOT INC COM 437076102 83427 1340186 SH SOLE 1340186
COMMON STOCK
CALL HD MAY 50 4370760EJ 4845 380000 SH CALL SOLE 380000
OPTIONS-CALLS
HANDLEMAN CO 410252100 6688 500000 SH SOLE 500000
COMMON STOCK
HUMAN GENOME SCIENCE INC 444903108 520 15000 SH SOLE 15000
COMMON STOCK
HOOPER HOLMES INC 439104100 938 60000 SH SOLE 60000
COMMON STOCK
HOUSEHOLD INTERNATIO 441815107 44069 965900 SH SOLE 965900
COMMON STOCK
PUT HKT APR 20 4385790PD 35 40000 SH PUT SOLE 40000
OPTIONS-PUTS
HEALTHEON CORP 422209106 468 11000 SH SOLE 11000
COMMON STOCK
CALL HM APRIL 7 4376140DU 49 40000 SH CALL SOLE 40000
OPTIONS-CALLS
HOMESEEKERS.COM INC 437605108 991 147500 SH SOLE 147500
COMMON STOCK
HEALTH MANAGEMENT SYSTEMS INC 42219M100 48 10000 SH SOLE 10000
COMMON STOCK
HOLOGIC INC COM 436440101 713 78700 SH SOLE 78700
COMMON STOCK
REDHOOK ALE BREWERY 757473103 333 72000 SH SOLE 72000
COMMON STOCK
HEARTPORT INC 421969106 96 20000 SH SOLE 20000
COMMON STOCK
HEALTHSOUTH CORP 421924101 265 25516 SH SOLE 25516
COMMON STOCK
HUBBELL INC. CL. B 443510201 400 10000 SH SOLE 10000
COMMON STOCK
ACTV INC 00088E104 1627 143000 SH SOLE 143000
COMMON STOCK
ICU MED INC COM 44930G107 163 10000 SH SOLE 10000
COMMON STOCK
IDEC PHARMACEUTICALS CORP. 449370105 34370 669000 SH SOLE 669000
COMMON STOCK
INTEGRATED DEVICE TECHNOLOGY INC 458118106 225 41700 SH SOLE 41700
COMMON STOCK
IDX SYSTEMS CORP. 449491109 249 17200 SH SOLE 17200
COMMON STOCK
INFORMIX CORP COM 456779107 4775 647500 SH SOLE 647500
COMMON STOCK
IMAGE GUIDED TECHNOLOGIES INC 451922108 13 40000 SH SOLE 40000
COMMON STOCK
IXC COMMUNICATIONS INC. 450713102 3441 75000 SH SOLE 75000
COMMON STOCK
IMPATH INC. 45255G101 1103 45000 SH SOLE 45000
COMMON STOCK
INFINITY BROADCASTING 45662S102 35126 1364100 SH SOLE 1364100
COMMON STOCK
CALL INF JULY 22.5 45662S0GX 1444 300000 SH CALL SOLE 300000
OPTIONS-CALLS
INKINE PHARMACEUTICAL CO. 457214104 300 200000 SH SOLE 200000
COMMON STOCK
INTERNATIONAL NETWORK SERVICES 460053101 1049 15000 SH SOLE 15000
COMMON STOCK
INTEL CORP COM 458140100 56323 473800 SH SOLE 473800
COMMON STOCK
INTERNATIONAL PAPER CO 460146103 44293 1049900 SH SOLE 1049900
COMMON STOCK
PUT IDXX MAY 30 45168D0QF 199 30000 SH PUT SOLE 30000
OPTIONS-PUTS
INGERSOLL RAND CO 456866102 11260 226900 SH SOLE 226900
COMMON STOCK
INTERIM SERVICES INC. 45868P100 900 60000 SH SOLE 60000
COMMON STOCK
INTEGRATED SILICON SOLUTION INC 45812P107 275 100000 SH SOLE 100000
COMMON STOCK
ISS GROUP INC 450306105 43169 543000 SH SOLE 543000
COMMON STOCK
INTERTAN INC 461120107 4875 500000 SH SOLE 500000
COMMON STOCK
INTERNATIONAL UNP HOLDINGS 46052W307 185 2797614 SH SOLE 2797614
COMMON STOCK
JAN BELL MARKETING 470760109 1619 350000 SH SOLE 350000
COMMON STOCK
JONES MEDICAL INDUST 480236108 521 15000 SH SOLE 15000
COMMON STOCK
KERAVISION INC 492061106 3203 210000 SH SOLE 210000
COMMON STOCK
KLA INSTRS CORP COM 482480100 33819 696400 SH SOLE 696400
COMMON STOCK
KOMAG INC COM 500453105 672 153600 SH SOLE 153600
COMMON STOCK
KV PHARMACEUTICAL CO 482740107 294 21000 SH SOLE 21000
COMMON STOCK
K V PHARMACEUTICAL CL A 482740206 1233 85000 SH SOLE 85000
COMMON STOCK
LCA VISION INC 501803209 1200 300000 SH SOLE 300000
COMMON STOCK
LIFETIME HOAN CORP 531926103 196 20000 SH SOLE 20000
COMMON STOCK
CALL GTE JAN 60 2000 3623203AL 1788 260000 SH CALL SOLE 260000
OPTIONS-CALLS
LABORATORY CORPORATION OF AMERICA 50540R102 175 100000 SH SOLE 100000
COMMON STOCK
LIFELINE SYSTEMS INC. 532192101 10692 449000 SH SOLE 449000
COMMON STOCK
LINEAR TECH CORP 535678106 18409 359200 SH SOLE 359200
COMMON STOCK
LILLY ELI & CO. 532457108 64573 760800 SH SOLE 760800
COMMON STOCK
AT&T LIBERTY MEDIA GRP CL.A 001957208 112782 2144550 SH SOLE 2144550
COMMON STOCK
CALL WMI JAN 30 2000 94106LOAF 2397 408000 SH CALL SOLE 408000
OPTIONS-CALLS
LINC CAPITAL INC 501942106 534 70000 SH SOLE 70000
COMMON STOCK
LAM RESH CORP COM 512807108 3961 136600 SH SOLE 136600
COMMON STOCK
LASERSCOPE 518081104 497 397500 SH SOLE 397500
COMMON STOCK
LSI LOGIC CORP COM 502161102 22892 734000 SH SOLE 734000
COMMON STOCK
LASER TECHNOLOGY INC COM NEW 518074208 75 52500 SH SOLE 52500
COMMON STOCK
CALL TWX JAN 60 8873151AL 2456 150000 SH CALL SOLE 150000
OPTIONS-CALLS
PUT LU MAY 110 549463EQB 188 20000 SH PUT SOLE 20000
OPTIONS-PUTS
PUT LU MAY 115 549463EQC 240 20000 SH PUT SOLE 20000
OPTIONS-PUTS
LUNAR CORP 550362107 239 37500 SH SOLE 37500
COMMON STOCK
CALL WMI JAN 40 94106LYAH 5550 600000 SH CALL SOLE 600000
OPTIONS-CALLS
LXR BIOTECHNOLOGY INC 502468101 281 300000 SH SOLE 300000
COMMON STOCK
MACE SEC INTL INC COM 554335109 297 50000 SH SOLE 50000
COMMON STOCK
MACROMEDIA 556100105 2569 56700 SH SOLE 56700
COMMON STOCK
MARC INC. 552914103 2500 238050 SH SOLE 238050
COMMON STOCK
MATRIA HEALTHCARE 576817100 269 100000 SH SOLE 100000
COMMON STOCK
MAXICARE NEW 577904204 1786 348500 SH SOLE 348500
COMMON STOCK
MCKESSON HBOC CORP 58155Q103 1976 29940 SH SOLE 29940
COMMON STOCK
PUT MCK MAY 70 58155Q0QN 133 20000 SH PUT SOLE 20000
OPTIONS-PUTS
MEDICONSULT.COM INC 58469J100 315 20000 SH SOLE 20000
COMMON STOCK
MEDPARTNERS INC 58503X107 2375 500000 SH SOLE 500000
COMMON STOCK
MEDTRONIC INC USD.10 COM 585055106 54953 764570 SH SOLE 764570
COMMON STOCK
MECON INC 58400M105 140 20000 SH SOLE 20000
COMMON STOCK
MEDAPHIS CORP. 584028104 78 32200 SH SOLE 32200
COMMON STOCK
MED E AMERICAN CORP 584067102 994 50000 SH SOLE 50000
COMMON STOCK
MEDIMMUNE INC 584699102 29002 490000 SH SOLE 490000
COMMON STOCK
MOBILE MINI INC 60740F105 193 15000 SH SOLE 15000
COMMON STOCK
PUT MKG MAY 30 5612320QF 114 30000 SH PUT SOLE 30000
OPTIONS-PUTS
MEMOTEC COMM INC 585909104 739 619250 SH SOLE 619250
COMMON STOCK
MOORE MEDICAL CORP 615799103 420 40000 SH SOLE 40000
COMMON STOCK
MID ATLANTIC 59523C107 211 21000 SH SOLE 21000
COMMON STOCK
METROMEDIA INTL GROUP 591695101 488 100089 SH SOLE 100089
COMMON STOCK
MOTOROLA INC COM 620076109 7325 100000 SH SOLE 100000
COMMON STOCK
MARISA CHRISTINA INC. 570268102 22 12500 SH SOLE 12500
COMMON STOCK
MILESTONE SCIENTIFIC 617446109 156 100000 SH SOLE 100000
COMMON STOCK
MERISEL INC COM 589849108 31 23300 SH SOLE 23300
COMMON STOCK
MORGAN STANLEY DEAN WITTER DISCOVER 617446448 57724 577600 SH SOLE 577600
COMMON STOCK
MICRO WAREHOUSE INC COM 59501B105 161 10000 SH SOLE 10000
COMMON STOCK
MYLAN LABS INC COM 628530107 881 32100 SH SOLE 32100
COMMON STOCK
NOVAMETRIX MEDICAL SYSTEMS INC 669870107 606 170000 SH SOLE 170000
COMMON STOCK
NOKIA CORP 654902204 113853 731000 SH SOLE 731000
COMMON STOCK
NETWORK PERIPHERALS 64121R100 147 27600 SH SOLE 27600
COMMON STOCK
NETWORK SOLUTIONS 64121Q102 94530 893900 SH SOLE 893900
COMMON STOCK
PUT HNCS APR 30 40425P0PF 23 30000 SH PUT SOLE 30000
OPTIONS-PUTS
NORTHERN TELECOM LTD CAD COM NPV 665815106 13883 223476 SH SOLE 223476
COMMON STOCK
NETWORK APPLIANCE INC. 64120L104 28350 560000 SH SOLE 560000
COMMON STOCK
NUCOR CORP 670346105 27759 630000 SH SOLE 630000
COMMON STOCK
NOVADIGME 669937104 195 30000 SH SOLE 30000
COMMON STOCK
NOVELLUS SYSTEMS INC COM 670008101 4024 73000 SH SOLE 73000
COMMON STOCK
NEXSTAR PHARMACEUTICALS INC 65333B106 1706 100000 SH SOLE 100000
COMMON STOCK
ORTHOFIX INTERNATIONAL N.V. N6748L102 600 40000 SH SOLE 40000
COMMON STOCK
ORTHOLOGIC CORP 68750J107 75 25000 SH SOLE 25000
COMMON STOCK
ORTEC INTERNATIONAL 68749B108 5323 553026 SH SOLE 553026
COMMON STOCK
OSTEX INTERNATIONAL 68859Q101 53 40000 SH SOLE 40000
COMMON STOCK
PAIRGAIN TECHNOLOGIES INC 695934109 2759 283000 SH SOLE 283000
COMMON STOCK
PRICELINE.COM 741503106 12431 150000 SH SOLE 150000
COMMON STOCK
PEDIATRIX MEDICAL GROUP INC 705324101 5344 190000 SH SOLE 190000
COMMON STOCK
PERCLOSE INC 71361C107 310 10000 SH SOLE 10000
COMMON STOCK
PETSMART INC COM 716768106 19336 2407600 SH SOLE 2407600
COMMON STOCK
PFIZER INC COM 717081103 70180 505800 SH SOLE 505800
COMMON STOCK
CALL PFE JUNE 135 717081EFG 2175 200000 SH CALL SOLE 200000
OPTIONS-CALLS
CALL PFE SEPT 130 717081EIF 1919 100000 SH CALL SOLE 100000
OPTIONS-CALLS
PATHOGENESIS 70321E104 4994 375100 SH SOLE 375100
COMMON STOCK
PETROLEUM GEO SVCS SPON ADR 716597109 5374 352400 SH SOLE 352400
COMMON STOCK
PARKER HANIFAN 701094104 13080 381900 SH SOLE 381900
COMMON STOCK
PROXTMED INC 744290107 482 35700 SH SOLE 35700
COMMON STOCK
PIXAR 725811103 886 22500 SH SOLE 22500
COMMON STOCK
PUT PPDI MAY 35 717124EQG 66 20000 SH PUT SOLE 20000
OPTIONS-PUTS
PARK ELECTROCHEMICAL CORPORATION 700416209 522 22200 SH SOLE 22200
COMMON STOCK
PERKIN ELMER CORP 714041100 374 3852 SH SOLE 3852
COMMON STOCK
PUT PKN MAY 100 7140410QT 155 20000 SH PUT SOLE 20000
OPTIONS-PUTS
POLYMEDICA CORP 731738100 1350 180000 SH SOLE 180000
COMMON STOCK
PMC SIERRA INC 69344F106 46130 648000 SH SOLE 648000
COMMON STOCK
PYRAMID BREWERIES INC 747135101 44 25000 SH SOLE 25000
COMMON STOCK
PARAMETRIC TECHNOLOGY CORP 699173100 139336 7055000 SH SOLE 7055000
COMMON STOCK
PALOMAR MEDICAL TECH 697529105 101 180000 SH SOLE 180000
COMMON STOCK
PPG INDUSTRIES INC 693506107 17569 342800 SH SOLE 342800
COMMON STOCK
PUT PIXR MAY 45 7258110QI 236 30000 SH PUT SOLE 30000
OPTIONS-PUTS
PROCEPT INC COM 742683402 70 27500 SH SOLE 27500
COMMON STOCK
PROCYTE CORP 742807100 61 130000 SH SOLE 130000
COMMON STOCK
POLAROID CORP 731095105 4038 200000 SH SOLE 200000
COMMON STOCK
PREMISYS COM INC 740584107 647 75000 SH SOLE 75000
COMMON STOCK
CALL COST APR 65 22160Q0DM 9450 350000 SH CALL SOLE 350000
OPTIONS-CALLS
PRESSTEK INC 741113104 158 20000 SH SOLE 20000
COMMON STOCK
PEOPLESOFT INC COM 712713106 5742 392600 SH SOLE 392600
COMMON STOCK
PERFORMANCE SYSTEMS 74437C101 41026 963900 SH SOLE 963900
COMMON STOCK
MONERY PASTA CO 612570101 46 20000 SH SOLE 20000
COMMON STOCK
PRINTRONIX 742578107 340 30600 SH SOLE 30600
COMMON STOCK
PROVIDAN FINL CORP 74406A102 76566 696050 SH SOLE 696050
COMMON STOCK
PUT IRIDF APR 22.5 G493980PX 375 50000 SH PUT SOLE 50000
OPTIONS-PUTS
QUALCOMM INC 747525103 4341 34900 SH SOLE 34900
COMMON STOCK
PUT AVIR APR 25 0537620PE 99 20000 SH PUT SOLE 20000
OPTIONS-PUTS
QUALITY DINING INC 74756P105 58 20000 SH SOLE 20000
COMMON STOCK
CALL GMST MAY 65 G3788VTEM 263 20000 SH CALL SOLE 20000
OPTIONS-CALLS
QUANTUM CORP COM 747906105 9533 529600 SH SOLE 529600
COMMON STOCK
PUT OATS APR 30 96808B0PF 50 15000 SH PUT SOLE 15000
OPTIONS-PUTS
PUT QTRN MAY 40 7487670QH 247 50000 SH PUT SOLE 50000
OPTIONS-PUTS
QUINTILES TRANSNATIONAL CORP 748767100 944 25000 SH SOLE 25000
COMMON STOCK
RAINFOREST CAFE 75086K104 151 30000 SH SOLE 30000
COMMON STOCK
READ-RITE CORP USD C OM 755246105 4689 711100 SH SOLE 711100
COMMON STOCK
THE REGISTRY INC 75913U101 198 32000 SH SOLE 32000
COMMON STOCK
REMEC INC 759543101 42783 2049500 SH SOLE 2049500
COMMON STOCK
RESPIRONICS INC 761230101 330 25000 SH SOLE 25000
COMMON STOCK
PUT RXSD MAY 17.5 7616480QW 281 250000 SH PUT SOLE 250000
OPTIONS-PUTS
ROBERTS PHARM 770491108 1121 54000 SH SOLE 54000
COMMON STOCK
PUT ERICY APR 30 2948210PF 248 40000 SH PUT SOLE 40000
OPTIONS-PUTS
PUT TROW APR 35 7414770PG 68 30000 SH PUT SOLE 30000
OPTIONS-PUTS
IMS HEALTH INC 449934108 2345 70800 SH SOLE 70800
COMMON STOCK
INVIVO CORP 786495101 4793 355000 SH SOLE 355000
COMMON STOCK
BOSTON BEER COMPANY 100557107 543 70000 SH SOLE 70000
COMMON STOCK
SANMINA CORP COM 800907107 29567 463794 SH SOLE 463794
COMMON STOCK
PUT SAP APR 30 8030540PF 504 130000 SH PUT SOLE 130000
OPTIONS-PUTS
SAWTEK INC 805468105 338 10000 SH SOLE 10000
COMMON STOCK
SBC COMMUNICATIONS 78387G103 80724 1710700 SH SOLE 1710700
COMMON STOCK
ALLIANCE IMAGING INCDEL 018606103 714 35905 SH SOLE 35905
COMMON STOCK
SCIOS INC 808905103 906 100000 SH SOLE 100000
COMMON STOCK
SIEBEL SYSTEMS INC 826170102 1900 40000 SH SOLE 40000
COMMON STOCK
SEAGATE TECHNOLOGY 811804103 15860 536500 SH SOLE 536500
COMMON STOCK
SEPRACOR INC 817315104 78160 696300 SH SOLE 696300
COMMON STOCK
SCHERING PLOUGH CORP USD1 COM 806605101 70449 1275100 SH SOLE 1275100
COMMON STOCK
STEVE MADDEN LTD 556269108 1578 187000 SH SOLE 187000
COMMON STOCK
SHIRE PHARMACEUTICAL GROUP PLC SPONS ADR 82481R106 913 40000 SH SOLE 40000
COMMON STOCK
S 3 INC COM 784849101 7068 942400 SH SOLE 942400
COMMON STOCK
APEX SILVER MINE LTD G04074103 859 79900 SH SOLE 79900
COMMON STOCK
SAKS HOLDINGS INC 79377W108 426 16400 SH SOLE 16400
COMMON STOCK
SHARED MEDICAL 819486101 1259 22600 SH SOLE 22600
COMMON STOCK
SONY CORP AMERICAN SHRS 835699307 639 7000 SH SOLE 7000
COMMON STOCK
SPARTAN MTRS INC COM 846819100 294 50000 SH SOLE 50000
COMMON STOCK
STAPLES INC COM 855030102 74638 2270350 SH SOLE 2270350
COMMON STOCK
SPECTRANETICS CORP 84760C107 4219 1500000 SH SOLE 1500000
COMMON STOCK
STERICYCLE INC 858912108 806 60000 SH SOLE 60000
COMMON STOCK
SENSORMATIC ELEC 817265101 791 83300 SH SOLE 83300
COMMON STOCK
STAC ELECTRONICS COM 852323104 153 200000 SH SOLE 200000
COMMON STOCK
SHARED TECHNOLOGIES CELLULAR, INC. 819487109 1985 237000 SH SOLE 237000
COMMON STOCK
STARTEC GLOBAL COMM CORP 85569E103 388 50000 SH SOLE 50000
COMMON STOCK
STAKE TECHNOLOGY LTD 852559103 238 200000 SH SOLE 200000
COMMON STOCK
STM WIRELESS INC 784776106 597 207500 SH SOLE 207500
COMMON STOCK
SUN MICROSYSTEMS INC USD.00067 COM 866810104 12506 100000 SH SOLE 100000
COMMON STOCK
SUPREME INTERNATIONAL CORP 868610106 216 22200 SH SOLE 22200
COMMON STOCK
SHOREWOOD PACKAGING 825229107 785 40000 SH SOLE 40000
COMMON STOCK
SANCTUARY WOODS MULTIMEDIA CORP 79971E207 0 416668 SH SOLE 416668
COMMON STOCK
SITEL CORPORATION 82980K107 44 18700 SH SOLE 18700
COMMON STOCK
AMERICAN TELEPHONE & TELEGRAPH CO 001957109 99756 1249883 SH SOLE 1249883
COMMON STOCK
NATIONAL TECHTEAM INC 638108100 142 25000 SH SOLE 25000
COMMON STOCK
TERADYNE INC 880770102 102332 1875500 SH SOLE 1875500
COMMON STOCK
TERAYON COMMUNICATION SYSTEMS 880775101 400 10000 SH SOLE 10000
COMMON STOCK
TEVA PHARMACEUTICAL ADR FOR 10 ORDS 881624209 555 11700 SH SOLE 11700
COMMON STOCK
TELECOM ITALIA SPA 87927W106 117276 1123600 SH SOLE 1123600
COMMON STOCK
TELLABS INC COM 879664100 16764 171500 SH SOLE 171500
COMMON STOCK
TELESPECTRUM WORLDWIDE 87951U109 2804 327500 SH SOLE 327500
COMMON STOCK
TELETEK 879905404 0 27500 SH SOLE 27500
COMMON STOCK
TRIMEDYNE INC COM 896259108 43 36500 SH SOLE 36500
COMMON STOCK
TRANSMEDIA 893767301 443 114244 SH SOLE 114244
COMMON STOCK
TOKHEIM CORP 889073102 158 20000 SH SOLE 20000
COMMON STOCK
TOP SOURCE TECHNOLOGIES 890530108 300 200000 SH SOLE 200000
COMMON STOCK
TRIDENT MICROSYSTEMS INC COM 895919108 627 100000 SH SOLE 100000
COMMON STOCK
TECHNOLOGY SOLUTIONS CO 87872T108 127 17887 SH SOLE 17887
COMMON STOCK
TSI INTERNATIONAL SOFTWARE LTD 872879101 488 10000 SH SOLE 10000
COMMON STOCK
TAIWAN SEMICONDUCTOR MANUF CO LTD 874039100 92468 3914000 SH SOLE 3914000
COMMON STOCK
TIME WARNER INC USD COM 887315109 79827 1127300 SH SOLE 1127300
COMMON STOCK
TYCO INTERNATIONAL LTD 902124106 557 7757 SH SOLE 7757
COMMON STOCK
PUT UAM MAY 30 9094200QF 225 30000 SH PUT SOLE 30000
OPTIONS-PUTS
US BIOSCIENCE INC COM 911646206 2175 200000 SH SOLE 200000
COMMON STOCK
UNIVERSAL ELECTRONIC S INC USD COM 913483103 2500 200000 SH SOLE 200000
COMMON STOCK
UNILAB CORP 904763109 11211 3517200 SH SOLE 3517200
COMMON STOCK
PUT UNM MAY 50 9031920QJ 43 10000 SH PUT SOLE 10000
OPTIONS-PUTS
UNIPHASE CORP COM 909149106 102576 891000 SH SOLE 891000
COMMON STOCK
USA DETERGENTS 902938109 250 40000 SH SOLE 40000
COMMON STOCK
UTILX CORP 918031105 758 485000 SH SOLE 485000
COMMON STOCK
UNIVISION COMMUNICATIONS INC 914906102 37500 750000 SH SOLE 750000
COMMON STOCK
VITALCOM 927917104 23 15000 SH SOLE 15000
COMMON STOCK
VISIBLE GENETICS INC 92829S104 1050 60000 SH SOLE 60000
COMMON STOCK
VIACOM INC COM NON-VTG 925524308 4868 58000 SH SOLE 58000
COMMON STOCK
VIASOFT INC 92552U102 537 130300 SH SOLE 130300
COMMON STOCK
VICAR CORP 925815102 750 60000 SH SOLE 60000
COMMON STOCK
VIDAMED INC 926530106 150 50000 SH SOLE 50000
COMMON STOCK
VISX INC 92844S105 2151 20000 SH SOLE 20000
COMMON STOCK
VIALOG CORPORATION 92552X106 264 62500 SH SOLE 62500
COMMON STOCK
VLSI TECHNOLOGY 918270109 527 27200 SH SOLE 27200
COMMON STOCK
VALLEY MEDIA INC 91972C106 910 40000 SH SOLE 40000
COMMON STOCK
VANTIVE CORP. 922091103 121 10000 SH SOLE 10000
COMMON STOCK
VERSIGN INC COM 92343E102 138754 901000 SH SOLE 901000
COMMON STOCK
VERITAS SOFTWARE CORP 923436109 23728 293850 SH SOLE 293850
COMMON STOCK
VIASAT INC 92552V100 585 65400 SH SOLE 65400
COMMON STOCK
VIDEOSERVER INC. 926918103 214 27600 SH SOLE 27600
COMMON STOCK
VALUEVISION 92047K107 493 40000 SH SOLE 40000
COMMON STOCK
VIVUS INC 928551100 820 205000 SH SOLE 205000
COMMON STOCK
PUT WAG APR 30 9314220PF 20 10000 SH PUT SOLE 10000
OPTIONS-PUTS
WALKER INTERACTIVE SYSTEMS INC 931664106 5270 1240000 SH SOLE 1240000
COMMON STOCK
WORLDCOMM INC. 98155K102 117013 1321248 SH SOLE 1321248
COMMON STOCK
WESTERN DIGITAL CORP COM 958102105 19436 2468000 SH SOLE 2468000
COMMON STOCK
WELLS FARGO & CO COM 949740104 8941 255000 SH SOLE 255000
COMMON STOCK
CALL WFC APRIL 30 9497460DF 467 90000 SH CALL SOLE 90000
OPTIONS-CALLS
WARNER LAMBERT CO 934488107 53504 807600 SH SOLE 807600
COMMON STOCK
WELLPOINT HEALTH NETWORKS INC 94973H108 4549 60000 SH SOLE 60000
COMMON STOCK
WASTE MANAGEMENT INC 94106L109 24342 548554 SH SOLE 548554
COMMON STOCK
WAL MART STORES INC 931142103 22125 240000 SH SOLE 240000
COMMON STOCK
CALL WMT SEPT 80 9311420IP 6568 370000 SH CALL SOLE 370000
OPTIONS-CALLS
WESTWOOD ONE 961815107 5691 199700 SH SOLE 199700
COMMON STOCK
PUT WCII APR 40 9755150PH 141 30000 SH PUT SOLE 30000
OPTIONS-PUTS
WESTELL TECHNOLOGIES, INC. 957541105 353 80000 SH SOLE 80000
COMMON STOCK
WEST TELESERVICES CORP 956188106 170 20000 SH SOLE 20000
COMMON STOCK
WORLDTEX INC 981907108 51 27000 SH SOLE 27000
COMMON STOCK
EXCITE INC 300904109 80360 574000 SH SOLE 574000
COMMON STOCK
XIRCOM INC 983922105 10228 407100 SH SOLE 407100
COMMON STOCK
XILINX INC COM 983919101 142026 3501400 SH SOLE 3501400
COMMON STOCK
XOMED SURGICAL 98412V107 1178 30000 SH SOLE 30000
COMMON STOCK
PUT LHSPF APR 35 B5628B0PG 265 40000 SH PUT SOLE 40000
OPTIONS-PUTS
PUT SBTK APR 25 78571U0PE 300 30000 SH PUT SOLE 30000
OPTIONS-PUTS
PUT XRX MAY 60 9841210QL 164 20000 SH PUT SOLE 20000
OPTIONS-PUTS
BRASS EAGLES CORP 10553F106 360 20000 SH SOLE 20000
COMMON STOCK
YAHOO INC 984332106 158273 940000 SH SOLE 940000
COMMON STOCK
PUT GSTRF APR 20 G3930H0PD 124 20000 SH PUT SOLE 20000
OPTIONS-PUTS
ZEBRA TECHNOLOGIES CORP 989207105 261 11000 SH SOLE 11000
COMMON STOCK
ZOLL MEDICAL CORP 989922109 193 17500 SH SOLE 17500
COMMON STOCK
ZONAGEN INC 98975L108 860 40000 SH SOLE 40000
COMMON STOCK
</TABLE>
