CORDILLERA ASSET MANAGEMENT
13F-HR, 2000-06-09
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     UNITED STATES
     SECURITIES AND EXCHANGE COMMISSION
     Washington, D.C.  20549

     FORM 13F

     FORM 13F COVER PAGE

     Report for the calendar 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:          Cordillera Asset Management
     Address:       1200 17th Street, Suite 2150
                    Denver, CO  80202

     13F File Number:  801-41021

     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:          Timothy J. Meisinger
     Title:         Director of Administration
     Phone:         303-572-6897
     Signature, Place and Date of Signing:

     Timothy J. Meisinger,  Denver, CO,  June 09, 2000

     Report Type (Check only one.):

     [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 EXCHANGE
     ACT OF 1934.
<PAGE>

     FORM 13F SUMMARY PAGE

     Report Summary:

     Number of Other Included Managers:          0

     Form 13F Information Table Entry Total:     57

     Form 13F Information Table Value Total:     $182,209


     List of Other Included Managers: N/A
<PAGE>

<TABLE>
<CAPTION>
                                               FORM 13F INFORMATION TABLE
                              TITLE            VALUE  SHARES/ SH/ PUT/ INVSTMT OTHR  VOTING AUTHORITY
     NAME OF ISSUER          OF CLASS  CUSIP  (X1000) PRN AMT PRN CALL DSCRETN MNGRS SOLE SHARED NONE
 .....................................................................................................
<C>                           <C>    <C>        <C>   <C>     <C> <C>    <C>   <C>  <C>    <C>   <C>
ACCREDO HEALTH INC            COM    00437V104  5822  175750  SH         SOLE       175750
ALLAIRE CORP                  COM    016714107  4243   56100  SH         SOLE        56100
ALPHA INDUSTRIES              COM    020753109  3943   41500  SH         SOLE        41500
ANADIGICS INC                 COM    032515108  4514   68400  SH         SOLE        68400
ARTHROCARE CORP               COM    043136100  3751   40775  SH         SOLE        40775
ASYST TECHNOLOGIES            COM    04648X107  5903  100900  SH         SOLE       100900
AUDIOCODES LTD                COM    M15342104  3882   38675  SH         SOLE        38675
BLAZE SOFTWARE INC            COM    09347T109   855   30000  SH         SOLE        30000
BROADVISION INC               COM    111412102    20     450  SH         SOLE          450
C-BRIDGE INTERNET SOLUTIONS   COM    12500B105  4201   73700  SH         SOLE        73700
CEC ENTERTAINMENT INC         COM    125137109  3605  132900  SH         SOLE       132900
CELERITEK INC                 COM    150926103  3637   57500  SH         SOLE        57500
CLARENT CORP                  COM    180461105     9     100  SH         SOLE          100
COMMSCOPE                     COM    203372107  4377   95800  SH         SOLE        95800
CRITICAL PATH INC             COM    22674V100  4110   48350  SH         SOLE        48350
CYTYC CORPORATION             COM    232946103  5568  115400  SH         SOLE       115400
DAIN RAUSCHER CORP            COM    233856103  5361   81300  SH         SOLE        81300
DELANO TECHNOLOGIES           COM    245701107  1519   67700  SH         SOLE        67700
DIAMETRICS MEDICAL INC        COM    252532106  4145  368400  SH         SOLE       368400
DIEDRICH COFFEE INC           COM    253675102   959  319800  SH         SOLE       319800
DIGITAL MICROWAVE CORP        COM    253859102  4241  125200  SH         SOLE       125200
DUSA PHARMACEUTICALS INC      COM    266898105  3354  140100  SH         SOLE       140100
EMISPHERE TECHNOLOGIES        COM    291345106  4160   80200  SH         SOLE        80200
EMULEX CORP                   COM    292475209  2554   23400  SH         SOLE        23400
FRONTIER AIRLINES INC         COM    359065109  2761  232500  SH         SOLE       232500
GABELLI ASSET MANAGEMENT INC  COM    36239Y102  3959  231200  SH         SOLE       231200
HANOVER COMPRESSOR CO         COM    410768105    34     600  SH         SOLE          600
HARMONIC INC                  COM    413160102  3592   43150  SH         SOLE        43150
HELIX TECH                    COM    423319102  3922   65300  SH         SOLE        65300
HOOPER HOLMES INC             COM    439104100  4035  117600  SH         SOLE       117600
IMMUNOMEDICS INC              COM    452907108  4553  176400  SH         SOLE       176400
INVITROGEN CORP               COM    46185R100  5127   88300  SH         SOLE        88300
JONES PHARMA                  COM    480236108  3352  110350  SH         SOLE       110350
KEYNOTE SYSTEMS INC           COM    493308100  3875   37900  SH         SOLE        37900
KING PHARMACEUTICALS INC      COM    495582108  1266   40200  SH         SOLE        40200
MACROMEDIA                    COM    556100105    22     250  SH         SOLE          250
MERCURY INTERACTIVE CORP      COM    589405109  3828   48300  SH         SOLE        48300
NET.GENESIS CORP              COM    64107E107  3665   81900  SH         SOLE        81900
NETOPTIX CORPORATION          COM    64116F103  3847   22400  SH         SOLE        22400
NEWPORT CORP                  COM    651824104    34     250  SH         SOLE          250
ON DISPLAY INC                COM    68232L100  3148   38100  SH         SOLE        38100
ORAPHARMA INC                 COM    68554E106   278   15000  SH         SOLE        15000
POWERWAVE TECHNOLOGIES        COM    739363109  3981   31850  SH         SOLE        31850
PRI AUTOMATION                COM    69357H106  2976   48700  SH         SOLE        48700
PROXIM INC                    COM    744284100  3866   32300  SH         SOLE        32300
PSI TECHNOLOGIES HLDGS-ADR    COM    74438Q109    17    1000  SH         SOLE         1000
SANGSTAT MEDICAL CORP         COM    801003104  2896  104600  SH         SOLE       104600
SAWTEK INC                    COM    805468105  4413   83950  SH         SOLE        83950
SOUTHWEST SECURITIES GROUP    COM    845224104  4544  104600  SH         SOLE       104600
TALBOTS INC                   COM    874161105  5234   88900  SH         SOLE        88900
TECHNE CORP                   COM    878377100  4575   66300  SH         SOLE        66300
TELAXIS COMMUNICATIONS CORP   COM    879202109  3119   51900  SH         SOLE        51900
TRANSWITCH CORP               COM    894065101    36     375  SH         SOLE          375
XIRCOM INC                    COM    983922105    11     300  SH         SOLE          300
ZALE CORP                     COM    988858106  4634   98200  SH         SOLE        98200
ZORAN CORP                    COM    98975F101  4071   72300  SH         SOLE        72300
CASH                          CASH   CASH       1806                     SOLE

</TABLE>


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