<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, 2000
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: 028-04115
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 5/1/00
____________________ ___________________ _________
[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 here if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(s).)
<PAGE>
[ ] 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
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 161
Form 13F Information Table Value Total: $402,125,425
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.
NONE
3
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<TABLE>
Strauss Asset Management
FORM 13F
March 31, 2000
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
--------- -------- -------- -------- -------- --------- -------- --------
VOTING AUTHORITY
FAIR
TITLE CUSIP MARKET SHRS OR SH/ PUT/ INVESTMENT OTHER SOLE SHARED NONE
NAME OF ISSUES OF CLASS NUMBER VALUE PRN AMT PRN CALL DISCRETION MANAGERS (A) (B) (C)
- -------------- -------- ------ ------ ------- ---- ----- ----- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Advantage Learning
Sys Inc COMMON 00757KI00 1,055,688 63,500 X 1 63,500
America Online Inc COMMON 02364H194 3,709,063 55,000 X 1 55,000
America West Hldg Corp COMMON 023657208 2,422,650 156,300 X 1 156,300
C1 B
American Superconductor
Corp. COMMON 030111108 89,000 2,000 X 1 2,000
Morgan Stanley Hi
Tech 35 OPTION 0309839PJ 425,000 100 X 1 100
Put Apr 1050.000
Morgan Stanley Hi
Tech 35 OPTION 0309839PN 616,688 115 X 1 115
Put Apr 1070.000
Morgan Stanley Hi
Tech 35 OPTION 0309839PP 295,625 50 X 1 50
Put Apr 1080.000
Analog Devices Inc. COMMON 032654105 966,000 12,000 X 1 12,000
Apollo Group Inc COMMON 037604105 352,344 12,500 X 1 12,500
C1A
Aspect Development Inc COMMON 045234101 9,559,688 148,500 X 1 148,500
Aspect Communications
Corp COMMON 04523Q102 3,391,219 91,500 X 1 91,500
Azurix Corp COMMON 05501M104 1,488,750 198,500 X 1 198,500
Blaze Software Inc COMMON 09347T109 712,500 25,000 X 1 25,000
Blue Rhino Corp COMMON 095811105 1,505,156 123,500 X 1 123,500
Bluestone Software COMMON 09623P102 1,316,250 39,000 X 1 39,000
Ariba Inc OPTION 0E199W9PF 397,313 65 X 1 65
Put Apr 130.00
Ariba Inc OPTION 0E199W9PH 688,500 90 X 1 90
Put Apr 140.00
Brightstar Information
Tech Com COMMON 10947N104 1,888,125 285,000 X 1 285,000
Broadwing Inc COMMON 111620100 5,355,000 144,000 X 1 144,000
4
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Business Objects S A COMMON 12328X107 2,109,400 21,200 X 1 21,200
A D R
S & P 500 Index OPTION 12486Q9PJ 67,500 50 X 1 50
Put Apr 1450.00
C-Bridge Internet
Solutions COMMON 12500B105 427,500 7,500 X 1 7,500
C-Cube Microsystems
Inc COMMON 125015107 6,582,250 90,400 X 1 90,400
CMG Information
Svcs Inc COMMON 125750109 5,948,906 52,500 X 1 52,500
Cnet Networks Inc COMMON 12613R104 760,313 15,000 X 1 15,000
Cabletron Sys Inc COMMON 126920107 3,642,500 124,000 X 1 124,000
Carnival Corp C1 A COMMON 143658102 3,870,750 156,000 X 1 156,000
Citrix Systems Inc COMMON 177376100 11,812,375 178,300 X 1 178,300
Cobalt Group Inc COMMON 19074Q103 700,625 59,000 X 1 59,000
COMMSCOPE INC COMMON 203372107 12,454,413 272,600 X 1 272,600
Computer Network
Tech Corp COMMON 204925101 1,216,250 69,500 X 1 69,500
Concur Technologies
Inc COMMON 206708109 753,125 50,000 X 1 50,000
Continental Airls
Inc C1 BC COMMON 210795308 3,188,250 78,000 X 1 78,000
Corixa Corp COMMON 21887F100 928,125 22,500 X 1 22,500
Cybersource Corp COMMON 23251J106 1,862,500 50,000 X 1 50,000
Dean Foods Co COMMON 242361103 1,016,500 38,000 X 1 38,000
Diamond Offshore
Drilling COMMON 25271C102 3,494,531 87,500 X 1 87,500
Diedrich Coffee Inc COMMON 253675102 547,500 182,500 X 1 182,500
Dollar Gen Corp COMMON 256669102 5,348,125 199,000 X 1 199,000
ESPS Inc COMMON 269129102 1,165,313 169,500 X 1 169,500
Earthshell Corp COMMON 27032B100 495,000 120,000 X 1 120,000
Echostar Commun Corp
New COMMON 278762109 12,197,600 154,400 X 1 154,400
Cl A
Edgar Online Inc COMMON 279765101 760,500 78,000 X 1 78,000
Eloyalty Corp COMMON 290151109 1,086,313 45,500 X 1 45,500
Emulex Corp COMMON 292475209 6,874,875 63,000 X 1 63,000
Exodus Communications
Inc COMMON 302088109 18,054,250 128,500 X 1 128,500
Firepond Inc COMMON 318224102 286,563 7,000 X 1 7,000
Gadzoox Networks Inc COMMON 362555104 3,115,938 65,000 X 1 65,000
Gartner Group Inc COMMON 366651107 645,750 41,000 X 1 41,000
Cl A
Good Guys Inc COMMON 382091106 515,625 125,000 X 1 125,000
Hadco Corp COMMON 404681108 4,703,438 72,500 X 1 72,500
Harcourt Gen Inc COMMON 41163G101 3,769,700 101,200 X 1 101,200
Host Marriot COMMON 44107P104 2,529,375 285,000 X 1 285,000
IGO Corp COMMON 449592104 1,304,531 181,500 X 1 181,500
5
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Ingram Micro Inc -
Cl A COMMON 457153104 1,998,750 130,000 X 1 130,000
Inso Corp COMMON 457674109 2,754,000 204,000 X 1 204,000
Internet Capital
Group Inc OPTION 46059C9PF 371,688 95 X 1 95
Put Apr 130.00
Internet Capital
Group Inc OPTION 46059C9PI 268,750 50 X 1 50
Put Apr 145.00
Internet Capital
Group Inc OPTION 46049C9PR 43,500 60 X 1 60
Put Apr 90.00
Internet.com Corp COMMON 460967102 1,214,375 29,000 X 1 29,000
JDS Uniphase Corp COMMON 46612J101 2,350,969 19,500 X 1 19,500
Ariba Inc OPTION 47599W9PA 95,156 75 X 1 75
Put Apr 105.00
I2 Technologies Inc OPTION 4D599W9PO 271,250 50 X 1 50
Put Apr 175.00
I2 Technologies Inc OPTION 4D599W9PP 321,063 55 X 1 55
Put Apr 180.00
I2 Technologies Inc OPTION 4D599W9QN 301,125 55 X 1 55
Put May 170.00
Kohls Corp OPTION 5002559PQ 3,375 60 X 1 60
Put Apr 85.00
Kohls Corp OPTION 5002559PR 17,813 150 X 1 150
Put Apr 90.00
Kopin Corp COMMON 500600101 12,271,875 178,500 X 1 178,500
LCA-Vision Inc COMMON 501803209 1,337,109 262,500 X 1 262,500
Street.com OPTION 50399W9PJ 640,500 40 X 1 262,500
Put Apr 1250.00
Street.com OPTION 50399W9PN 882,500 50 X 1 50
Put Apr 1270.00
Street.com OPTION 50399W9PT 2,254,688 185 X 1 185
Put Apr 1200.00
I2 Technologies Inc OPTION 50999W9QD 350,000 175 X 1 175
Put May 120.00
Leap Wireless COMMON 521863100 9,355,575 94,800 X 1 94,800
Street.com OPTION 52199W9PF 2,286,250 100 X 1 100
Put Apr 1330.0
Legato Systems Inc COMMON 524651106 1,651,125 37,000 X 1 37,000
Loudeye Technologies
Inc COMMON 545754103 174,375 5,000 X 1 5,000
Mapquest.com Inc COMMON 565644101 2,043,875 98,500 X 1 98,500
Marimba COMMON 56781Q109 3,971,250 90,000 X 1 90,000
Mastec Inc COMMON 576323109 2,536,500 28,500 X 1 28,500
Media Metrix Inc COMMON 58440X103 2,100,000 50,000 X 1 50,000
Mercury Interactive
Corp COMMON 589405109 5,864,500 74,000 X 1 74,000
6
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METHODE ELECTRONICS
-CL A COMMON 591520200 2,272,500 45,000 X 1 45,000
Morgan Stanley
Hi Tech 35 OPTION 62299W9PD 418,125 50 X 1 50
Put Apr 1120.000
Morgan Stanley
Hi Tech 35 OPTION 62299W9PT 1,020,000 150 X 1 150
Put Apr 1100.000
Movado Group Inc COMMON 624580106 533,313 53,000 X 1 54,000
Myriad Genetics Inc COMMON 62855J104 759,150 12,600 X 1 12,600
Mypoints.Com Inc COMMON 62855T102 710,531 26,500 X 1 26,500
NTL Inc COMMON 629407107 5,583,252 60,156 X 1 60,156
Nanogen Inc COMMON 630075109 646,000 19,000 X 1 19,000
National Medical
Health Card COMMON 636918302 421,875 135,000 X 1 135,000
Nautica Enterprises
Inc COMMON 639089101 305,500 26,000 X 1 26,000
Neose Technologies
Inc COMMON 640522108 321,875 10,000 X 1 10,000
Networks Assocs Inc COMMON 640936106 1,822,125 56,500 X 1 56,500
Net2phone Inc COMMON 64108N106 106,425 1,800 X 1 1,800
Netsolve Inc COMMON 64115J106 1,032,000 32,000 X 1 32,000
Network Solutions
Inc - Cl A COMMON 6412Q102 12,142,545 79,000 X 1 79,000
Oracle Corporation OPTION 64599W9QR 228,750 150 X 1 150
Put May 90.00
Newhall Land &
Farming Co Lp COMMON 651426108 3,743,125 132,500 X 1 132,500
Nova Corp/Georgia COMMON 669784100 1,689,250 58,000 X 1 58,000
Novell Inc COMMON 670006105 3,005,625 105,000 X 1 105,000
Optimal Robotics
Corp COMMON 68388R208 1,974,000 42,000 X 1 42,000
Outback Steakhouse
Inc COMMON 689899102 2,084,063 65,000 X 1 65,000
Packeteer Inc COMMON 695210104 210,000 6,000 X 1 6,000
Papa Johns Intl Inc COMMON 698813102 4,026,000 122,000 X 1 122,000
Pegasus Systems Inc. COMMON 705906105 1,755,188 111,000 X 1 111,000
Petsmart Inc COMMON 716768106 5,940,000 1,980,000 X 1 1,980,000
PINNACLE SYSTEMS INC COMMON 723481107 2,527,00 76,000 X 1 76,000
PJ America Inc. COMMON 72585Q104 2,355,125 227,000 X 1 227,000
Polycom Inc COMMON 73172K104 530,556 6,700 X 1 6,700
Powerwave Technologies
Inc COMMON 739363109 2,250,000 18,000 X 1 18,000
Priceline.Com Inc COMMON 741503106 6,200,000 77,500 X 1 77,500
Prison Realty Trust,
Inc. COMMON 74264N105 1,122,406 366,500 X 1 366,500
Qualcomm Inc COMMON 747525103 21,202,375 142,000 X 1 142,000
Quotesmith.com Inc COMMON 749117107 493,000 116,000 X 1 116,000
RSA Security Inc COMMON 749719100 11,574,913 223,400 X 1 223,400
7
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Regeneron
Pharmaceuticals COMMON 75886F107 904,613 30,600 X 1 30,600
Registry Magic Inc COMMON 75913K103 85,188 23,500 X 1 23,500
Register.Com COMMON 75914G101 792,300 11,400 X 1 11,400
Reliance Group Hldgs
Inc COMMON 759464100 665,000 190,000 X 1 190,000
Renaissance Worldwide
Inc COMMON 75968A109 365,313 70,000 X 1 70,000
Research in Motion COMMON 760975102 596,400 5,600 X 1 5,600
Street.com OPTION 76999W9PT 305,000 50 X 1 50
Put Apr 1100.00
Ross Stores Inc COMMON 778296103 1,078,000 44,800 X 1 44,800
SDL Inc OPTION 7E899W9PF 225,938 75 X 1 75
Put Apr 230.00
SDL Inc OPTION 7E899W9PH 373,750 100 X 1 100
Put Apr 240.00
SDL Inc OPTION 7F099W9PB 161,500 85 X 1 85
Put Apr 210.00
SDL Inc OPTION 7F099W9PE 134,375 50 X 1 50
Put Apr 225.00
Sap Ag Sponsored Adr OPTION 8030549PP 512,500 250 X 1 250
Put Apr 80.00
Sap Ag Sponsored Adr OPTION 803054PQ 253,750 100 X 1 100
Put Apr 85.00
Savvis Communications
Corp COMMON 805423100 352,500 20,000 X 1 20,000
Scientific Learning
Corp COMMON 808760102 2,767,500 108,000 X 1 108,000
Seagate Technology COMMON 811804103 2,250,000 36,000 X 1 36,000
Select Comfort
Corporation COMMON 81616X103 481,250 87,500 X 1 87,500
Skywest Inc COMMON 830879102 1,377,200 35,200 X 1 35,200
Starbucks Corp COMMON 855244109 8,111,063 181,000 X 1 181,000
Sunglass Hut Intl Inc COMMON 86736F106 1,992,188 255,000 X 1 255,000
Switchboard Inc COMMON 871045100 567,188 16,500 X 1 16,500
Sybron Intl Corp -
Wisc COMMON 87114F106 4,727,000 163,000 X 1 163,000
Tandy Corp COMMON 875382103 3,425,625 67,500 X 1 67,500
Tekelec COMMON 879101103 2,914,313 78,500 X 1 78,500
Total Entmnt
Restaurant Corp COMMON 89150E100 696,313 428,500 X 1 428,500
Tut Systems Inc COMMON 901103101 2,888,781 48,500 X 1 48,500
U S A Floral
Products Inc COMMON 90331T107 65,625 42,000 X 1 42,000
Usinternetworking Inc COMMON 917311805 11,489,375 296,500 X 1 296,500
Verio Inc COMMON 923433106 14,915,688 331,000 X 1 331,000
Verisign Inc COMMON 92343E102 3,887,000 26,000 X 1 26,000
Voicestream Wireless
Corp COMMON 928615103 966,094 7,500 X 1 7,500
Wackenhut COMMON 929798106 2,213,750 230,000 X 1 230,000
Siebel Systems Inc OPTION 94299W9PD 107,500 100 X 1 100
8
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Put Apr 120.00
Siebel Systems Inc OPTION 94299W9PH 199,688 75 X 1 75
Put Apr 140.00
Siebel Systems Inc OPTION 9429929PJ 358,875 110 X 1 110
Put Apr 150.00
Siebel Systems Inc OPTION 94299W9PL 20,750 5 X 1 5
Put Apr 160.00
Websense Inc COMMON 947684106 480,625 10,000 X 1 10,000
Western Wireless Corp COMMON 95988E204 1,282,750 28,000 X 1 28,000
Cl A
Whole Foods Mkt Inc C0MMON 966837106 4,185,188 101,000 X 1 101,000
Witness Systems Inc COMMON 977424100 394,875 13,000 X 1 13,000
World Heart Corp COMMON 980905103 747,500 57,500 X 1 57,500
Youbet.Com Inc COMMON 987413101 282,188 64,500 X 1 64,500
Zapme! Corporatin COMMON 98912E100 1,227,625 161,000 X 1 161,000
Zoll Medical Corp COMMON 989922109 1,086,500 21,200 X 1 21,200
Totals: 402,125,424
</TABLE>
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02174002.AC5
