<PAGE>
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: Straus Capital Management, L.L.C.
Address: 88 Pine Street
New York, New York 10005
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: Mickey Straus
Title: Managing Member
Phone: (212) 363-2005
Signature, Place, and Date of Signing:
/s/ Mickey Straus New York, New York 5/11/99
_______________________ _____________________ _________
[Signature] [City, State] [Date]
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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(s).)
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[ ] 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: NONE
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 120
Form 13F Information Table Value Total: $172,205
[thousands]
List of Other Included Managers:
Provide a numbered 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 no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
[Repeat as necessary.]
3
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<TABLE>
STRAUS ASSET MANGAEMENT
FORM 13F
March 31, 1999
<CAPTION>
Title Shares of Investment Discretion Voting Authority
of Fair Principal --------------------- -------------------
Name of Issuer Class CUSIP Market Value Amount Sole Share Other Managers Sole Share None
- ------------------------- ----- --------- ---------------- ------------- ---- ----- ----- -------- --------- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABACUS DIRECT CORP COM 00255310 442,800 5,400 X 5,400
AMAZON COMM INC OPT 02313M8P0 258,281 1,500P X
COM
AMERICA ONLINE INC COM 02364J10 13,429,920 91,360 X 91,360
COM
AMERICA WEST HLDG CORP COM 02365720 3,774,276 198,000 X 198,000
CL B
AMERICAN BANK NOTE
HOLOGRAPH COM 02437710 109,844 47,500 X 47,500
AMEX MORGAN STANLEY
HI TECH OPT 0309834PJ 3,571,575 3,500P X
35 INDEX
AMEX MORGAN STANLEY
HI TECH OPT 0309834PL 1,020,450 1,000 X
35 INDEX
AMEX MORGAN STANLEY
HI TECH OPT 0309837PB 8,163,600 8,000 X
35 INDES
ANADIGICS INC COM 03251510 259,088 14,700 X 14,700
ANALOG DEVICES INC COM 03265410 922,250 31,000 X 31,000
APPLIED GRAPHICS COM 03793710 65,250 8,700 X
TECHNOLOGIES
ASPECT DEV INC COM 04523410 755,625 32,500 X 32,500
COM
ASPEDT TELECOMMUNICATIONS COM 04523710 460,438 69,500 X 69,500
COM
AUTHENTIC FITNESS CORP COM 05266110 131,215 8,500 X 8,500
AVID TECHNOLOGY INC COM 05367P10 245,862 14,100 X 14,100
BEYOND.COM CORP COM 08860E10 379,712 14,500 X 14,500
BLUE RHINO CORP COM 09581110 328,125 25,000 X 25,000
BOSTON SCIENTIFIC CORP COM 10113710 162,500 4,000 X 4,000
BRIGHTSTAR INFORMATION
TECHN COM 10947N10 534,750 138,000 X 138,000
COM
CARNIVAL CORP CL A COM 14365810 1,845,356 38,000 X 38,000
CATAPULT COMMUNICAT COM 14901610 402,375 29,000 X 29,000
CHEAP TICKETS INC COM 16267210 342,975 10,200 X 10,200
COM
CITRIX SYS INC COM 17737610 1,143,750 30,000 X 30,000
COM
4
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CLINICHEM DEV INC COM 18690610 6,796 1,000 X 1,000
CL A
COMDISCO INC COM 20033610 303,875 17,000 X 17,000
CONTINENTAL AIRLS INC COM 21079530 3,480,800 91,600 X 91,600
CL B
CORIXA CORP COM 21887F10 288,000 36,000 X 36,000
CRITICAL PATH INC COM 22674V10 423,500 5,500 X 5,500
CYBERSHOP INTL INC COM 23251X10 377,000 26,000 X 26,000
DELL COMPUTER CORP OPT 2470259PI 306,563 7,500P X
DELL COMPUTER CORP OPT 24702I9PV 408,750 10,000P X
DELPHI INFORMATION SYS INC COM 24717120 85,000 10,000 X 10,000
COM NEW
ENESCO INTERNATIONAL INC COM 26874Q10 62,566 4,7000 X 4,700
EARTHSHELL CORP COM 27032B10 1,603,875 164,500 X 4,700
ECHOSTR COMMUN CORP NEW COM 27876210 1,918,188 23,500 X 23,500
CL A
ELECTRONIC ARTS INC COM 28551210 199,500 4,200 X 4,200
ENGINEERING ANIMATION INC COM 29287210 526,563 12,500 X 12,500
COM
EXCHANGE APPLICATIONS INC COM 30086710 263,813 10,500 X 10,500
EXODUS COMMUNICATIONS INC COM 30208810 10,975,200 81,600 X 81,600
FORE SYS INC COM 34544910 2,183,643 115,500 X 115,500
GENERAL NUTRITION CO INC COM 374047F10 945,000 67,500 X 67,500
HADCO CORP COM 40468110 1,370,250 43,500 X 43,500
HOST MARRIOTT CORP NEW COM 44107P10 2,052,162 184,464 X 184,464
COM
HYPERION SOLUTIONS CORP COM 44914M10 1,925,600 132,800 X 132,800
COM
IXC COMMUNICATIONS COM 45071310 665,188 14,500 X 14,500
INSO CORPORATIONS COM 45767410 142,922 18,900 X 18,900
COM
INTL NETWORK SERVICES COM 46005310 3,951,441 56,500 X 56,500
INTRANET SOLUTIONS COM 46093930 536,250 65,000 X 65,000
IVILLAGE INC COM 46588H10 10,050 100 X 100
COM
K&G MENS CTR INC COM 48224510 804,897 81,000 X 81,000
COM
KNIGHT/TRIMARK GROU COM 49906710 281,400 4,200 X 4,200
LHS GROUP INC OPT 5019389PI 468,992 16,000P X
COM
LANDRYS SEAFOOD
RESTAURANTS COM 51508L10 400,375 62,500 X 62,500
LEAP WIRELESS INTL INC COM 52186310 965,625 75,000 X 75,000
COM
LEGATO SYSTEMS INC COM 52465110 309,750 6,000 X 6,000
LEVEL 3 COMMUNICATIONS INC COM 52729N10 436,872 6,000 X 6,000
COM
MERRILL LYNCH & CO INC COM 59018810 1,416,000 16,000 X 16,000
NOVADO GROUP INC COM 62458010 800,000 32,000 X 32,000
---------------
79,646,423
5
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COM
NTL INC COM 62940710 2,400,563 29,500 X 29,500
COM
NEW S & P 500 INDEX OPT 6488150PT 9,647,775 7,500P X
NEW
OAK TECHNOLOGY INC COM 67180210 53,279 17,400 X 17,400
PAPA JOHNS INTL INC COM 69881310 904,563 20,500 X 20,500
PARTY CITY CORP COM 702145510 496,062 126,000 X 126,000
COM
PEGASUS SYSTEMS INC COM 70590610 3,429,250 86,000 X 86,000
PETSMART INC COM 71676810 5,842,553 727,500 X 727,500
PHARMERICA INC COM 71713510 1,025,000 205,000 X 205,000
COM
PINNACLE SYS INC COM 72348110 382,200 8,400 X 8,400
COM
PJ AMERICA INC COM 72585Q10 2,932,500 127,500 X 127,500
PLATINUM TECHNOLOGY INC COM 72764T10 7,447,326 292,052 X 292,052
POLYCOM INC COM 73172K10 1,031,250 55,000 X 55,000
POWERWAVE TECHNOLOGIES INC COM 73936310 837,063 29,500 X 29,500
COM
PRISON REALTY CORP COM 74264N10 3,836,250 220,000 X 220,000
PROFIT RECOVERY GROUP INTL COM 74316810 23,700 600 X 600
COM
QUALCOMM INC COM 74752510 6,280,938 50,500 X 50,500
QUALIX GROUP INC COM 74758610 920,758 127,000 X 127,000
RATIONAL SOFTWARE CORP COM 75409P20 453,123 16,900 X 16,900
REGISTRY MAGIC INC COM 75913K10 208,563 23,500 X 23,500
REMEDY CORPORATION COM 75954810 198,800 14,200 X 14,200
RENAISSANCE WORLDWIDE INC COM 75968A10 395,968 64,000 X 64,000
COM
RIBI IMMUNOCHEM RES INC COM 76255310 42,175 25,000 X 25,000
SFX ENTERTAINMENT - CL A
W/I COM 78417810 1,333,205 20,650 X 20,650
S 3 INC COM 78484910 41,250 5,500 X 5,500
SANMINA CORP COM 80090710 223,125 3,500 X 3,500
SAP AG COM 80305420 38,152 1,450 X 1,450
SECURITY DYNAMICS TECH INC COM 81420810 5,317,438 285,500 X 285,500
SELECT COMFORT CORP COM 81616X10 1,003,500 36,000 X 36,000
SMART MODULAR TECHN COM 83169010 34,355 2,300 X 2,300
STARBUCKS CORP COM 85524410 2,620,991 93,400 X 93,400
STARWOOD HOTELS & RESORTS
WO COM 85590A20 1,642,315 57,500 X 57,500
PAIRED CTF 1 B
STRUCTURAL DYNAMICS
RESH CP COM 86355510 156,308 8,200 X 8,200
SUNGLASS HLT INTL INC COM 86736F10 1,050,000 100,000 X 100,000
SUNRISE ASSISTED
LIVING INC COM 86768K10 683,430 15,000 X 15,000
COM
SYBASE INC COM 87113010 61,115 7,700 X 7,700
SYMANTEC INC COM 87150310 169,370 10,000 X 10,000
6
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TECHNOLOGY SOLUTIONS CO COM 87872T10 101,175 14,200 X 14,200
TEKELEC COM 87910110 258,114 35,300 X 35,300
TEMPLATE SOFTWARE INC COM 87978810 1,050,000 240,000 X 240,000
COM
TOTAL ENTMNT RESTAURANT
CORP COM 89150E10 1,560,375 328,500 X 328,500
USA FLORAL PRODS COM 90331T10 669,072 106,000 X 106,000
UNIPHASE CORP COM 90914910 1,036,125 9,000 X 9,000
UNITED RENTALS INC COM 91136310 59,850 2,100 X 2,100
UNITRODE CORP COM 91328310 14,000 1,000 X 1,000
VANTIVE CORP COM 92209110 194,198 16,100 X 16,100
VERIO INC COM 92343310 5,465,813 118,500 X 118,500
VERISIGN INC COM 92343E10 3,696,000 24,000 X 24,000
VISTA INFO SOLUTION COM 92836520 35,000 3,500 X 3,500
WACKENHUT CORRECTIONS
CORP COM 92979810 753,163 39,000 X 39,000
COM
WESLEY JESSEN VISIO COM 95101810 854,422 31,000 X 31,000
WESTERN WIRELESS CORP COM 95988E20 2,537,500 70,000 X 70,000
CL A
WHOLE FOODS MKT INC COM 96683710 1,237,500 36,000 X 36,000
WILD OATS MARKETS INC COM 96808810 162,750 6,000 X 6,000
WINSTAR COMMUNICATIONS
INC COM 97551510 1,272,005 35,000 X 35,000
GEMSTAR INTL GROUP LTD COM G3788V10 1,580,250 21,000 X 21,000
GLOBALSTAR
TELECOMMUNICATION COM G3930H10 1,560,938 112,500 X 112,500
LTD-ORD 2 CENTS
IRIDIUM WORLD COMM INC OPT G493989PE 6,000P X
IRIDIUM WORLD COMM INC OPT G493989QD 6,000P X
LORAL SPACE COMMUNICATIONS COM G5646210 1,118,906 77,500 X 77,500
COM
ESC MEDICAL SYSTEMS LTD COM M4086810 1,003,063 145,900 X 145,900
RIT TECHNOLOGIES COM M8215N10 65,625 35,000 X 35,000
COM
J RAY MCDERMOTT SA COM P6465810 86,638 2,900 X 2,900
ROYAL CARIBBEAN CRUISES
LTD COM V7780T10 3,022,500 77,500 X 77,500
--------------
92,559,195
172,205,610
</TABLE>
7
02174002.AB2