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: OWENOKE CAPITAL MANAGEMENT, LLC
Address: 150 E. 58TH ST., 21ST FL
NEW YORK, NY 10155
13 File Number: 28-7744
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 herin is true, correct, and complete, and
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: DAVID KORUS
Title: MANAGING MEMBER
Phone: 212-223-2800
Signature, Place and Date of Signing:
DAVID KORUS May 7, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 33
Form 13F Information Table Value Total: 131556
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ADAPTEC INC COM COMMON STOCK 00651F108 7984 350000 SH SOLE 350000 0 0
D ADAPTEC INC COM OPTIONS - CALLS 00651F0DX 4562 200000 SH CALL SOLE 200000 0 0
D ARDENT SOFTWARE INC COM COMMON STOCK 039794102 2248 140000 SH SOLE 140000 0 0
D C-CUBE MICROSYSTEMS INC COMMON STOCK 125015107 5448 275000 SH SOLE 275000 0 0
D CIENA CORP COM COMMON STOCK 171779101 2812 125000 SH SOLE 125000 0 0
D COMPAQ COMPUTER CORP COM COMMON STOCK 204493100 3168 100000 SH SOLE 100000 0 0
D COMPAQ COMPUTER CORP COM OPTIONS - CALLS 2044930DZ 3168 100000 SH CALL SOLE 100000 0 0
D CONEXANT SYSTEMS INC COM STK COMMON STOCK 207142100 2215 80000 SH SOLE 80000 0 0
D CREE RESH INC COM COMMON STOCK 225447101 2065 44000 SH SOLE 44000 0 0
D DELL COMPUTER CORP COM COMMON STOCK 247025109 4087 100000 SH SOLE 100000 0 0
D DSET CORP COM COMMON STOCK 262504103 2215 190590 SH SOLE 190590 0 0
D EBAY INC COM STK COMMON STOCK 278642103 3432 25000 SH SOLE 25000 0 0
D GENESYS TELECOMMUNICATIONS COMMON STOCK 371931106 2176 144500 SH SOLE 144500 0 0
D HARMONIC INC COM STK COMMON STOCK 413160102 4116 149000 SH SOLE 149000 0 0
D INTEL CORP COM OPTIONS - PUTS 4581400PB 8915 75000 SH PUT SOLE 75000 0 0
D MACROMEDIA CORP COM COMMON STOCK 556100105 5437 120000 SH SOLE 120000 0 0
D NEWBRIDGE NETWORKS CORP CAD CO COMMON STOCK 650901101 4725 150000 SH SOLE 150000 0 0
D NOTIFY CORP COM STK COMMON STOCK 669956104 1072 132000 SH SOLE 132000 0 0
D NOVELL INC COM COMMON STOCK 670006105 3778 150000 SH SOLE 150000 0 0
D OBJECT DESIGN INC COM COMMON STOCK 674416102 256 50000 SH SOLE 50000 0 0
D RAMBUS INC COM OPTIONS - PUTS 7509170PK 12875 200000 SH PUT SOLE 200000 0 0
D RAMBUS INC COM OPTIONS - PUTS 7509170PM 6437 100000 SH PUT SOLE 100000 0 0
D ROWECOM INC COMMON STOCK 77957X108 1745 40000 SH SOLE 40000 0 0
D SEGUE SOFTWARE INC COM COMMON STOCK 815807102 1106 115000 SH SOLE 115000 0 0
D SILICON STORAGE TECHNOLOGY INC COMMON STOCK 827057100 2200 550000 SH SOLE 550000 0 0
D SOLECTRON CORP COM OPTIONS - PUTS 8341820PV 9712 200000 SH PUT SOLE 200000 0 0
D TAIWAN SEMICONDUCTOR SPONS ADR ADRS STOCKS 874039100 2362 100000 SH SOLE 100000 0 0
D TEXAS INSTRUMENTS IN C USD1 CO OPTIONS - PUTS 882508SPS 9925 100000 SH PUT SOLE 100000 0 0
D THEGLOBE.COM INC COMMON STOCK 88335R101 781 15000 SH SOLE 15000 0 0
D THINK NEW IDEAS INC COM COMMON STOCK 884094103 1562 100000 SH SOLE 100000 0 0
D UNITRODE CORP COMMON STOCK 913283107 3500 250000 SH SOLE 250000 0 0
D VANTIVE CORP COM COMMON STOCK 922091103 3377 280000 SH SOLE 280000 0 0
D VISHAY INTERTECHNOLOGY COMMON STOCK 928298108 2095 144500 SH SOLE 144500 0 0
S REPORT SUMMARY 33 DATA RECORDS 131556 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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