<PAGE> 1
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: Tupelo Capital Management, L.L.C.
Address: 12 East 49th Street
New York, New York 10017
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 the required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: LuLu C. Wang
Title: Principal
Phone: 212-755-3700
Signature, Place and Date of Signing:
/s/ LULU C. WANG New York, New York May 12, 2000
[Signature] [City, State] [Date]
<PAGE> 2
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holding are reported by other reporting manager(s).
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- ________________ Tupelo Capital Services, L.L.C.
[Repeat as necessary.]
<PAGE> 3
Form 13F SUMMARY PAGE
Report summary:
Number of Other Included Managers: 0
---------------------------
Form 13F Information Table Entry Total: 127
---------------------------
Form 13F Information Table Value Total: $ 1,359,877.47
---------------------------
(thousands)
CONFIDENTIAL INFORMATION HAS BEEN OMITTED FROM THE PUBLIC FORM 13F REPORT AND
FILED SEPARATELY WITH THE COMMISSION.
List of Other Included Managers:
Provide a number list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are not entries in this list, state "NONE" and omit the column
headings and list entries.]
<TABLE>
<CAPTION>
No. Form 13F File Number Name
--- -------------------- ----
<S> <C> <C>
</TABLE>
[Repeat as necessary.]
<PAGE> 4
FORM 13F
REPORTING MANAGER: TUPELO CAPITAL MANAGEMENT, L.L.C.
PERIOD ENDED: MARCH 31, 2000
<TABLE>
<CAPTION>
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5:
SEDOL/
CUSIP FAIR SHARES SH PUT/
NAME OF ISSUER TITLE OF CLASS NUMBER MARKET VALUE PRN AMOUNT PRN CALL
- -------------- -------------- ------ ------------ --------------------
<S> <C> <C> <C> <C> <C>
ALTERA CORP COM 21441100 $12,718,125 142,500 SH
ALUMINUM CO.OF AMERICA COM 022249106 $18,890,225 268,900 SH
AMERICA ONLINE INC DEL COM 02364J104 $17,392,131 257,900 SH
AMGEN INC COM 031162100 $11,305,275 184,200 SH
APEX SILVER MINES LTD COM 2121556 $ 7,561,969 751,500 SH
APPLE COMPUTER INC COM 037833100 $13,486,181 99,300 SH
APPLIED MATERIALS INC COM 038222105 $13,015,925 138,100 SH
AUSTAR UNITED COMMUNICATIONS COM 6164955 $16,847,524 3,277,027 SH
AXA COM 54536107 $10,019,843 70,792 SH
CHINA TELECOM (HONG KONG) COM 6073556 $28,264,818 3,224,700 SH
CHINA.COM CORP-CL A ADR 2437468 $13,211,100 163,100 SH
CIENA CORPORATION COM 171779101 $20,192,613 160,100 SH
CISCO SYSTEMS, INC. COM 17275R102 $12,911,188 167,000 SH
CNET INC. COM 125945105 $ 9,539,388 188,200 SH
COLT TELECOM GROUP-SPONS ADR ADR 196877104 $19,846,863 100,300 SH
COPPER MOUNTAIN NETWORKS INC COM 217510106 $14,527,519 177,300 SH
CORECOMM LIMITED COM 2297101 $ 4,835,600 109,900 SH
CORVAS INTERNATIONAL COM 221005101 $11,055,000 1,005,000 SH
COVAD COMMUNICATIONS COM 222814204 $11,223,000 154,800 SH
DELL COMPUTER CORPORATION COM 247025109 $ 6,871,638 127,400 SH
DEVELOPMENT BANK OF SINGAPORE COM 6265513 $18,683,478 1,414,900 SH
DOUBLECLICK, INC. COMMON STOCK COM 258609304 $13,023,238 139,100 SH
ERICKSON TEL-SP ADR ADR 294821400 $13,874,869 147,900 SH
EXODUS COMMUNICATIONS, INC
COMMON STOCK COM 302088109 $12,883,850 91,700 SH
GEMSTAR INTL GROUP LTD COM 2363187 $13,957,800 162,300 SH
GENENTECH INC. COM 368710307 $18,376,800 120,900 SH
GENERAL ELECTRIC COM 369604103 $ 9,290,813 59,700 SH
GLOBAL TECH (HOLDINGS) LTD COM 6148863 $15,100,865 9,186,000 SH
HOME DEPOT INC COM 437076102 $13,119,300 203,400 SH
HUTCHISON WHAMPOA COM 6448068 $24,988,859 1,384,900 SH
INTEL CORP COM 458140100 $17,956,694 136,100 SH
INTERNET CAPITAL GROUP INC COM 2444521 $10,656,875 118,000 SH
INVENSYS PLC COM 461204109 $12,506,446 2,818,100 SH
JOHNSON ELECTRIC HLDGS COM 6126331 $22,249,710 3,253,500 SH
JUNIPER NETWORKS INC. COM 48203R104 $12,097,519 45,900 SH
KOHL'S CORP (WISCONSIN) COM 500255104 $15,375,000 150,000 SH
KOKUSAI SECURITIES CO LTD COM 6496186 $25,658,948 1,531,000 SH
KOMERI CO LTD COM 6496250 $15,173,166 476,000 SH
LEHMAN BROTHERS INC. COM 524908100 $15,539,400 160,200 SH
LEVEL 3 COMMUNICATIONS INC. COM 52729N100 $15,545,250 147,000 SH
LI & FUNG LTD COM 6181073 $23,366,448 5,040,000 SH
MICRON TECHNOLOGY INC COM 595112103 $10,357,200 82,200 SH
MORGAN STANLEY DEAN WITTER & CO COM 617446448 $19,964,588 240,900 SH
NABORS INDUSTRIES INC. COM 629568106 $ 8,849,250 228,000 SH
NETWORK APPLIANCE COM 64120l104 $12,346,300 149,200 SH
NEXTEL COMMUNICATIONS CL A COM 65332V103 $14,958,425 100,900 SH
<CAPTION>
ITEM 1: ITEM 6: ITEM 7: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY
(b) SHARED (c) SHARED (b) SHARED
NAME OF ISSUER (a) SOLE AS DEFINED OTHER MANAGER (a) SOLE AS DEFINED (c) NONE
- -------------- ------------------------------ -------- ------------------------------
<S> <C> <C> <C>
ALTERA CORP X 1 142,500
ALUMINUM CO.OF AMERICA X 1 268,900
AMERICA ONLINE INC DEL X 1 257,900
AMGEN INC X 1 184,200
APEX SILVER MINES LTD X 1 751,500
APPLE COMPUTER INC X 1 99,300
APPLIED MATERIALS INC X 1 138,100
AUSTAR UNITED COMMUNICATIONS X 1 3,277,027
AXA X 1 70,792
CHINA TELECOM (HONG KONG) X 1 3,224,700
CHINA.COM CORP-CL A X 1 163,100
CIENA CORPORATION X 1 160,100
CISCO SYSTEMS, INC. X 1 167,000
CNET INC. X 1 188,200
COLT TELECOM GROUP-SPONS ADR X 1 100,300
COPPER MOUNTAIN NETWORKS INC X 1 177,300
CORECOMM LIMITED X 1 109,900
CORVAS INTERNATIONAL X 1 1,005,000
COVAD COMMUNICATIONS X 1 154,800
DELL COMPUTER CORPORATION X 1 127,400
DEVELOPMENT BANK OF SINGAPORE X 1 1,414,900
DOUBLECLICK, INC. COMMON STOCK X 1 139,100
ERICKSON TEL-SP ADR X 1 147,900
EXODUS COMMUNICATIONS, INC
COMMON STOCK X 1 91,700
GEMSTAR INTL GROUP LTD X 1 162,300
GENENTECH INC. X 1 120,900
GENERAL ELECTRIC X 1 59,700
GLOBAL TECH (HOLDINGS) LTD X 1 9,186,000
HOME DEPOT INC X 1 203,400
HUTCHISON WHAMPOA X 1 1,384,900
INTEL CORP X 1 136,100
INTERNET CAPITAL GROUP INC X 1 118,000
INVENSYS PLC X 1 2,818,100
JOHNSON ELECTRIC HLDGS X 1 3,253,500
JUNIPER NETWORKS INC. X 1 45,900
KOHL'S CORP (WISCONSIN) X 1 150,000
KOKUSAI SECURITIES CO LTD X 1 1,531,000
KOMERI CO LTD X 1 476,000
LEHMAN BROTHERS INC X 1 160,200
LEVEL 3 COMMUNICATIONS INC. X 1 147,000
LI & FUNG LTD X 1 5,040,000
MICRON TECHNOLOGY INC X 1 82,200
MORGAN STANLEY DEAN WITTER & CO X 1 240,900
NABORS INDUSTRIES INC. X 1 228,000
NETWORK APPLIANCE X 1 149,200
NEXTEL COMMUNICATIONS CL A X 1 100,900
</TABLE>
<PAGE> 5
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
NEXTLINK COM 65333H707 $17,959,425 145,200 SH X 1 145,200
NIKKO SECURITIES COM 6640284 $26,728,181 1,759,000 SH X 1 1,759,000
NOKIA CORP-SPONSERED ADR A ADR 654902204 $14,230,200 64,100 SH X 1 64,100
NTL INCORPORATED COM 629407107 $12,961,846 139,656 SH X 1 139,656
NTT DOCOMO ADR 5548431 $34,377,030 167,500 SH X 1 167,500
OMNICOM GROUP COM 681919106 $10,317,475 110,200 SH X 1 110,200
ORACLE CORPORATION COM 68389X105 $14,972,388 191,800 SH X 1 191,800
PERKIN-ELMER CORP COM 714041100 $17,563,000 182,000 SH X 1 182,000
PRICELINE.COM INC. COM 741503106 $ 5,760,000 72,000 SH X 1 72,000
PROGENICS PHARMACEUTICALS COM 743187106 $14,140,000 202,000 SH X 1 202,000
QUALCOMM INC COM 747525103 $17,335,181 116,100 SH X 1 116,100
SANMINA CORP COM 800907107 $18,174,313 269,000 SH X 1 269,000
SAMSUNG ELECTRONICS COM 6771720 $21,990,054 72,600 SH X 1 72,600
SAP AKTIENGESELLSCHAFT (SPON ADR) ADR 803054204 $14,937,500 250,000 SH X 1 250,000
SERENA SOFTWARE INC. COM 817492101 $14,582,813 457,500 SH X 1 457,500
SIEBEL SYSTEMS INC. COM 826170102 $15,455,213 129,400 SH X 1 129,400
SINGAPORE PRESS HOLDINGS COM 6133966 $10,953,483 686,700 SH X 1 686,700
SOFTBANK CORP COM 6770620 $21,562,041 24,100 SH X 1 24,100
SONERA CORP-SPN ADR ADR 835433202 $16,918,988 254,900 SH X 1 254,900
SONY CORP-SPONSORED ADR ADR 835699307 $22,157,888 79,100 SH X 1 79,100
SUN MICROSYSTEMS INC COM 866810104 $ 7,496,248 80,000 SH X 1 80,000
SYMBOL TECHNOLOGIES COM 871508107 $12,840,750 156,000 SH X 1 156,000
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 $15,669,300 274,900 SH X 1 274,900
TAKEDA CHEMICAL INDUSTRIES COM 6870445 $18,701,481 262,000 SH X 1 262,000
TELEFONOS DE MEXICO-SP ADR L ADR 2881731 $16,416,400 246,400 SH X 1 246,400
TERADYNE INC COM 880770102 $13,562,800 165,400 SH X 1 165,400
TEXAS INSTRUMENTS INC. COM 882508104 $11,216,000 70,100 SH X 1 70,100
TIBCO SOFTWARE COM 88632Q103 $17,139,450 210,300 SH X 1 210,300
TIFFANY & CO COM 886547108 $18,263,700 218,400 SH X 1 218,400
TITAN PHARMACEUTICALS INC COM 888314101 $16,513,700 532,700 SH X 1 532,700
TYCO INTERNATIONAL COM 902124106 $17,944,750 358,000 SH X 1 358,000
UNITED PAN-EUROPE COM-SP ADR ADR 9113002000 $13,813,069 278,700 SH X 1 278,700
UNIVISION COMMUNICATIONS COM 914906102 $11,040,100 97,700 SH X 1 97,700
VALUECLICK COM 2572110 $ 837,500 40,000 SH X 1 40,000
VERITAS SOFTWARE COM 923436109 $11,947,200 91,200 SH X 1 91,200
VODAFONE GROUP PLC SPON ADR ADR 92857T107 $39,511,437 4,264,766 SH X 1 4,264,766
WAL-MART STORES INC. COM 931142103 $12,639,050 223,700 SH X 1 223,700
XM SATELLITE RADIO HOLD-CL A COM 983759101 $11,432,025 327,800 SH X 1 327,800
YAHOO! INC. COM 984332106 $ 6,340,875 37,000 SH X 1 37,000
<CAPTION>
THE FOLLOWING OPTIONS LISTED WITH RESPECT TO MANAGER ABOVE.
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ACXIOM COM 005125109 $ 21,875 500 ( p ) X 1 X
AAR COM 00361105 $ 265,938 1,150 ( p ) X 1 X
BANK OF AMERICA COM 060505104 $ 125,000 2,000 ( p ) X 1 X
BED, BATH & BEYOND COM 075896100 $ 109,375 1,250 ( p ) X 1 X
COUNTRYWIDE CREDIT COM 222372104 $ 151,688 4,045 ( p ) X 1 X
CONSECO COM 208464107 $1,875,000 3,000 ( p ) X 1 X
3COM COM 885535104 $2,031,250 1,250 ( p ) X 1 X
EASTMAN CHEMICAL COM 277432100 $ 143,750 1,000 ( p ) X 1 X
HOUSEHOLD INTERNATIONAL COM 441815107 $ 281,250 3,000 ( p ) X 1 X
INTER-TEL COM 458372109 $ 187,500 1,000 ( p ) X 1 X
KIMBERLY-CLARK COM 494368103 $ 201,875 425 ( p ) X 1 X
LUCENT TECHNOLOGIES COM 549463107 $1,615,625 2,750 ( p ) X 1 X
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
PROVIDIAN FINANCIAL COM 74406A102 $ 587,500 2,000 ( p ) X 1 X
SOLECTRON COM 834182107 $ 762,500 2,000 ( p ) X 1 X
TELLABS COM 879664100 $1,056,250 3,250 ( p ) X 1 X
MCI WORLDCOM COM 55268B106 $1,640,625 2,500 ( p ) X 1 X
WASHINGTON MUTUAL COM 939322103 $ 187,500 10,000 ( p ) X 1 X
CITIGROUP COM 172967101 $1,218,750 5,000 ( c ) X 1
CBS CORPORATION COM 12490K107 $ 537,500 2,000 ( c ) X 1
COLGATE-PALMOLIVE CO. COM 194162103 $1,475,000 2,000 ( c ) X 1
DELTA AIRLINES COM 247361108 $ 625,000 4,000 ( c ) X 1
DISNEY COM 254687106 $2,300,000 2,000 ( c ) X 1
DOLLAR TREE COM 256747106 $1,218,750 1,500 ( c ) X 1
R&B FALCON COM 74912E101 $6,900,000 12,000 ( c ) X 1
GENERAL ELECTRIC COM 369604103 $1,243,750 1,000 ( c ) X 1
GATEWAY COM 367626108 $ 600,000 3,000 ( c ) X 1
INTERNATIONAL BUSINESS MACHINES COM 459200101 $1,668,750 1,000 ( c ) X 1
INTERNATIONAL BUSINESS MACHINES COM 459200101 $1,734,375 1,500 ( c ) X 1
MERRILL LYNCH COM 590188108 $2,425,000 4,000 ( c ) X 1
MICRON TECHNOLOGY COM 595112103 $8,381,250 1,800 ( c ) X 1
NABORS INDUSTRIES COM 629568106 $1,525,000 4,000 ( c ) X 1
PRICELINE.COM COM 741503106 $1,250,000 1,000 ( c ) X 1
PARKER HANNIFIN COM 701094104 $ 107,250 1,430 ( c ) X 1
RED HAT COM 756577102 $ 411,479 2,090 ( c ) X 1
SHAW INDUSTRIES COM 820286102 $ 125,000 2,000 ( c ) X 1
SCHLUMBERGER COM 806857108 $4,488,750 1,400 ( c ) X 1
SCHLUMBERGER COM 806857108 $ 971,250 1,400 ( c ) X 1
SMURFIT-STONE CONTAINER COM 832727101 $3,037,500 5,400 ( c ) X 1
TANDY COM 875382103 $2,968,750 2,500 ( c ) X 1
VINTAGE PETROLEUM COM 927460105 $2,562,500 2,500 ( c ) X 1
WEATHERFORD INTERNATIONAL COM 947074100 $4,812,500 2,500 ( c ) X 1
TRICON GLOBAL RESTURAUNTS COM 895953107 $ 25,000 2,000 ( c ) X 1
</TABLE>
