UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Institutional Investment Manager Filing this Report:
Name: RS Value Group LLC
Address: 388 Market Street, Ste. 200
San Francisco, CA 94111
13F File Number:
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: George Randall Hecht
Title: CEO
Phone: (415) 591-2700
Signature, Place, and Date of Signing:
G. Randall Hecht San Francisco, CA November 15, 1999
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: NONE
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: None
Form 13F Information Table Entry Total: 28
Form 13F Information Table Value Total: 57,135
<PAGE>
<TABLE>
<CAPTION>
Issuer Class Cusip Value Shares Invest. Mgr. Voting
(x1,000) Discret. Auth.
<S> <C> <C> <C> <C> <C> <C> <C>
Durban Roodepoort Spons AD266597301 20 72,038SOLE 1 72,038
Inco, Ltd. - VBN ShCl VBN S4532587097,951 998,600SOLE 1 998,600
U.S. Global InvestoCl A 902952100 600 399,750SOLE 1 399,750
V-One Corporation Com 9182781021,500 57,142SOLE 1 57,142
Abgenix Com 00339B1075,584 142,500SOLE 1 142,500
AgriBioTech, Inc. Com 008494106 71 17,500SOLE 1 17,500
CD Radio, Inc. Com 12512710017,27 677,450SOLE 1 677,450
Cohesion Tech Com 19248N101 885 147,500SOLE 1 147,500
Devon Energy Corp Com 25179m103 458 11,053SOLE 1 11,053
EOG Resources Inc. Com 26875p1011,063 50,000SOLE 1 50,000
GIGA-Tronics, Inc. Com 375175106 911 323,772SOLE 1 323,772
Gymboree Com 4037771051,822 265,000SOLE 1 265,000
Home Security Intl Com 4373331072,253 767,100SOLE 1 767,100
In Home Health Inc.Com New 453222408 981 461,733SOLE 1 461,733
Interlinq Software Com 458753100 895 238,600SOLE 1 238,600
Intervisual Books, Cl A Vtg460918105 222 196,950SOLE 1 196,950
MPSI Systems, Inc. Com New 553412206 569 216,738SOLE 1 216,738
Medical Manager CorCom 58461c1031,617 32,500SOLE 1 32,500
Metromedia Intl Com 5916951011,590 385,550SOLE 1 385,550
New Era of NetworksCom 6443121001,566 72,400SOLE 1 72,400
Opta Food IngredienCom 68381n1051,124 382,700SOLE 1 382,700
Princeton Video ImaCom 742476104 94 20,000SOLE 1 20,000
Quokka Sports Inc. Com 7490771031,457 210,000SOLE 1 210,000
Sapient Corp Com 803062108 641 6,800SOLE 1 6,800
Sonus Corp. Com 8356911063,546 886,400SOLE 1 886,400
Vertel Corporation Com 9249071081,102 592,900SOLE 1 592,900
Wind River Systems Com 973149107 713 37,500SOLE 1 37,500
China Yuchai Intl Com G21082105 627 346,100SOLE 1 346,100
</TABLE>
