UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/99
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: First Austin Capital Management, Inc
Address: 1600 West 38th Street, Suite 412
Austin, TX 7873
Form 13F File Number: 28-_______________
The institutional investment manager filing this report and the person by who
it is signed hereby represent that the person signing the report is authorize
to submit it, that all information contained herein is true, correct an
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: Mark A. Coffelt
Title: President
Phone: (512) 458-8165
Signature, Place, and Date of Signing
/s/Mark A. Coffelt Austin, TX 04/23/99
[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 here if no holdings reported are in this report and
all holdings 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
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<TABLE>
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Title Investment Discretion Voting Authority
of --------------------- ----------------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -----------------------------------------------------------------------------------------------------------------------------------
COMMON STOCK
------------
<S> <C> <C> <C> <C> <C> <C> <C>
ACR Group COM 00087B101 5,500.00 4,000 x 4,000
ADAC Laboratories COM 005313200 2,054,650.00 150,800 x 150,800
Advest COM 007566102 325,600.00 17,600 x 17,600
Americaon Int'l Group COM 026874107 46,320.00 46,320 x 46,320
Applebees Int'l COM 037899101 2,538,618.00 102,310 x 102,310
Autodesk, Inc. COM 052769106 410,446.00 10,150 x 10,150
Bank One Corp. COM 06423A103 51,208.00 930 x 930
Bank United Corp. COM 065412108 3,319,050.00 81,200 x 81,200
Berkshire Hathaway COM 084670108 856,800.00 12 x 12
Bob Evans Farms COM 096761101 8,000.00 400 x 400
Buffets, Inc. COM 119882108 2,227,602.00 225,580 x 225,580
CDI Corp COM 125071100 2,362,937.00 98,200 x 98,200
Centex Construction Products COM 15231R109 3,442,956.00 98,900 x 98,900
Centex Corp COM 152312104 45,390.00 1,360 x 1,360
Champion Enterprises COM 158496109 3,357,687.00 173,300 x 173,300
Charter One Financial, Inc. COM 160903100 698,775.00 24,200 x 24,200
Chubb Corp COM 171232101 685,187.00 11,700 x 11,700
Clair's Stores COM 179584107 32,234.00 1,070 x 1,070
Coachmen Industries COM 189873102 3,503,450.00 170,900 x 170,900
Columbia Energy Group COM 197648108 43,367.00 830 x 830
Conseco, Inc. COM 208464107 257,559.00 8,342 x 8,342
Countrywide Credit COM 222372104 709,500.00 18,920 x 18,920
Diebold, Inc. COM 253651103 51,600.00 2,150 x 2,150
Dime Bancorp COM 25429Q102 251,121.00 10,830 x 10,830
Dress Barn COM 261570105 193,140.00 13,920 x 13,920
Ducommon Inc. COM 264147109 352,500.00 37,600 x 37,600
Esterline Technologies COM 297425100 1,350,727.00 104,400 x 104,400
Federal Nat'l Mortgage COM 313586109 13,850.00 200 x 200
Federal Home Loan Mortgage Co. COM 313400301 120,356.00 2,100 x 2,100
First Union Corp. COM 337358105 677,534.00 12,679 x 12,679
FirstFed Financial COM 337907109 3,030,994.00 188,700 x 188,700
Fluor Corporation COM 343861100 531,900.00 19,700 x 19,700
Franklin Covey Company COM 433286307 265,500.00 29,500 x 29,500
<PAGE>
Title Investment Discretion Voting Authority
of --------------------- ----------------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -----------------------------------------------------------------------------------------------------------------------------------
GT Interactive Software COM 36236E109 1,744,550.00 377,200 x 377,200
Hon Industries COM 438092108 652,436.00 29,740 x 29,740
Katy Industries COM 486026107 181,610.00 13,970 x 13,970
Kaufman and Broad Home Corp. COM 55262L100 2,787,146.00 123,530 x 123,530
Kimbell Int'l "B" COM 494274103 153,990.00 10,440 x 10,440
LaFarge Corp. COM 505862102 743,120.00 26,540 x 26,540
Lehman Brothers COM 524908100 446,332.00 7,470 x 7,470
MBNA Corp. COM 55262L100 57,300.00 2,400 x 2,400
MTS Systems COM 553777103 184,477.00 18,820 x 18,820
Manpower Inc. COM 56418H100 42,075.00 1,800 x 1,800
Mapics, Inc. COM 564910107 2,019,506.00 262,700 x 262,700
Maytag COM 578592107 54,337.00 900 x 900
Mentor Corp. COM 587188103 644,377.00 44,060 x 44,060
Methode Electronics Corp Cl. "A" COM 591520200 460,575.00 41,400 x 41,400
Modtech, Inc. COM 60783C100 1,391,178.00 154,575 x 154,575
Myers, Inc. COM 628464109 240,825.00 11,400 x 11,400
NCI Building Systems Inc. COM 628852105 878,900.00 37,400 x 37,400
National RV Holdings, Inc. COM 637277104 3,177,150.00 143,600 x 143,600
Natures Sunshine Products COM 639027101 2,449,700.00 222,700 x 222,700
North Face. Inc COM 659317101 1,200,000.00 96,000 x 96,000
OfficeMax COM 67622M108 3,899,794.00 452,150 x 452,150
Oshkosh B'Gosh, Cl. "A" COM 688222207 374,975.00 21,200 x 21,200
Pomeroy Computer Resources, Inc. COM 731822102 2,284,100.00 175,700 x 175,700
Power Corp of Canada COM 739239101 926,672.00 48,370 x 48,370
Premark Int'l COM 740459102 55,994.00 1,700 x 1,700
Reliastar Financial Corp COM 75952U103 46,887.00 1,100 x 1,100
Resource Bancshares COM 761197102 2,685,725.00 208,600 x 208,600
Roberts Pharmaceuticals COM 770491108 36,727.00 1,770 x 1,770
Ross Stores COM 778296103 670,080.00 15,360 x 15,360
Sears Roebuck & Co. COM 812387108 45,187.00 1,000 x 1,000
Seattle Filmworks COM 812572105 270,494.00 88,310 x 88,310
Shelby Williams COM 822135109 159,702.00 16,700 x 16,700
Southdown Inc. COM 841297104 276,813.00 5,156 x 5,156
Sovereign Bancorp, Inc. COM 845905108 4,016,755.00 327,900 x 327,900
SpaceLabs Medical COM 846247104 288,750.00 17,500 x 17.500
Saint John's Knits COM 790289102 803,910.00 30,480 x 30,480
Standard Pacific Corp. COM 85375C101 3,688,559.00 286,490 x 286,490
<PAGE>
Title Investment Discretion Voting Authority
of --------------------- ----------------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -----------------------------------------------------------------------------------------------------------------------------------
Sterling Software, Inc. COM 859547101 738,625.00 31,100 x 31,100
Storage Technology COM 862111200 9,477.00 340 x 340
Symantec Corp. COM 871503108 3,939,609.00 232,590 x 232,590
T-HQ, Inc. COM 872443403 2,339,050.00 114,800 x 114,800
TJX Companies, Inc. COM 872540109 44,200.00 1,300 x 1,300
Tech Data Corp COM 878237106 3,096,562.00 135,000 x 135,000
Timken Co. COM 887389104 26,000.00 1,600 x 1,600
Tommy Hilfiger Corp. COM G8915Z102 458,019.00 6,650 x 6,650
Varco Int'l Inc. COM 922126107 388,874.00 34,955 x 34,955
Vicorp Restaurants COM 925817108 118,720.00 7,420 x 7,420
Washington Mutual COM 939322103 887,396.00 21,710 x 21,710
Werner Enterprises COM 950755108 1,149,144.00 72,961 x 72,961
Winnebago COM 974637100 16,240.00 1,160 x 1,160
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87,074,708.00
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Title Investment Discretion Voting Authority
of --------------------- ----------------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -----------------------------------------------------------------------------------------------------------------------------------
PREFERRED STOCK
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Wells Fargo & Co. Adj. "B" PRD 949740823 3,769.00 75 x 75
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3,769.00
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GRAND TOTAL 87,078,477.00
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Form 13F SUMMARY PAGE
Report Summary
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 8
Form 13F Information Table Value Total: $87,078
(thousands)
List of Other Included Managers: None
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.
