UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the calendar 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: Rigel Capital Management, Inc.
Address: 3420 One Union Square
600 University St.
Seattle, WA 98101-1129
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: Christopher B. Sharp
Title: Corporate Secretary
Phone: 206-467-5000
Signature, Place, and Date of Signing
Christopher B. Sharp Seattle, WA May 2, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
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: 97
Form 13F Information Table Value Total: $152,094
List of Other Included Managers: None
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AERIAL COMMUNICATIONS COM COM 007655103 1809 31850.00 SH SOLE 31850.00
AES CORP COM COM 00130H105 831 10550.00 SH SOLE 10550.00
AFLAC INC COM COM 001055102 292 6400.00 SH SOLE 6400.00
AMERICA ONLINE INC DEL COM COM 02364J104 1010 14970.00 SH SOLE 14970.00
AMERICAN INTL GROUP COM COM 026874107 3353 30617.00 SH SOLE 30617.00
AMGEN INC COM COM 031162100 1220 19875.00 SH SOLE 19875.00
APPLE COMPUTER INC COM COM 037833100 1086 8000.00 SH SOLE 8000.00
APPLIED MATLS INC COM COM 038222105 980 10400.00 SH SOLE 10400.00
APPLIED MICRO CIRCUITS COM COM 03822W109 210 1400.00 SH SOLE 1400.00
ASIA TIGERS FUND, INC. COMMMON COM 04516T105 290 28000.00 SH SOLE 28000.00
ASM LITHOGRAPHY HLDG N Y SHS COM N07059111 279 2500.00 SH SOLE 2500.00
AT&T CORP COM LIB GRP A COM 001957208 1251 21100.00 SH SOLE 21100.00
BIOGEN COM 090597105 833 11925.00 SH SOLE 11925.00
BRISTOL MYERS SQUIBB COM COM 110122108 267 4600.00 SH SOLE 4600.00
BROADCOM CORP CL A COM 111320107 2222 9150.00 SH SOLE 9150.00
CATALINA MARKETING CP COM COM 148867104 273 2700.00 SH SOLE 2700.00
CHARTER COMMUNCTNS DEL CL A COM 16117M107 284 19800.00 SH SOLE 19800.00
CHASE MANHATTAN NEW COM COM 16161A108 1526 17500.00 SH SOLE 17500.00
CIENA CORP COM COM 171779101 432 3425.00 SH SOLE 3425.00
CISCO COM 17275R102 12853 166250.00SH SOLE 166250.00
CITIGROUP INC COM COM 172967101 3049 50924.00 SH SOLE 50924.00
CLEAR CHANNEL COMMUN COM COM 184502102 497 7200.00 SH SOLE 7200.00
COLGATE PALMOLIVE CO COM COM 194162103 737 13080.00 SH SOLE 13080.00
COMCAST CORP - SPECIAL CLASS A COM 200300200 375 8650.00 SH SOLE 8650.00
CONEXANT SYSTEMS INC COM COM 207142100 1672 23550.00 SH SOLE 23550.00
CORNING INC COM COM 219350105 1800 9277.00 SH SOLE 9277.00
COSTCO WHSL CORP NEW COM COM 22160K105 1664 31650.00 SH SOLE 31650.00
CUTTER & BUCK INC COM COM 232217109 169 12600.00 SH SOLE 12600.00
E M C CORP MASS COM COM 268648102 3408 27050.00 SH SOLE 27050.00
E-TEK DYNAMICS INC COM COM 269240107 2994 12725.00 SH SOLE 12725.00
EMULEX CORP COM NEW COM 292475209 360 3300.00 SH SOLE 3300.00
ENRON CORP COM COM 293561106 973 13000.00 SH SOLE 13000.00
EXODUS COMMUNICATIONS COM COM 302088109 393 2800.00 SH SOLE 2800.00
F5 NETWORKS INC COM COM 315616102 254 3750.00 SH SOLE 3750.00
FANNIE MAE COM 313586109 1854 32775.00 SH SOLE 32775.00
FLEXTRONICS INTL LTD ORD COM Y2573F102 1300 18450.00 SH SOLE 18450.00
FRONTIER FINL CP WASH COM COM 35907K105 203 11000.00 SH SOLE 11000.00
GAP INC DEL COM COM 364760108 211 4237.00 SH SOLE 4237.00
GENERAL ELECTRIC CO. COMMON COM 369604103 5832 37475.00 SH SOLE 37475.00
GO2NET INC COM COM 383486107 2230 27675.00 SH SOLE 27675.00
HALLIBURTON COMPANY COM 406216101 428 10400.00 SH SOLE 10400.00
HARMONIC INC COM COM 413160102 1455 17475.00 SH SOLE 17475.00
HOME DEPOT COM 437076102 3532 54762.00 SH SOLE 54762.00
HONEYWELL INC COM COM 438516106 336 6381.00 SH SOLE 6381.00
ICOS CORP COM 449295104 1692 46850.00 SH SOLE 46850.00
INTEL CORP COM COM 458140100 4377 33175.00 SH SOLE 33175.00
JDS UNIPHASE CORP COM COM 46612J101 8046 66736.00 SH SOLE 66736.00
LAM RESH CORP COM COM 512807108 324 7200.00 SH SOLE 7200.00
LAUNCH MEDIA INC COM COM 518567102 213 13650.00 SH SOLE 13650.00
LEAP WIRELESS INTL INC COM COM 521863100 567 5750.00 SH SOLE 5750.00
LEXMARK INTL GROUP INC CL A COM 529771107 209 1975.00 SH SOLE 1975.00
LILLY ELI & CO COM COM 532457108 604 9650.00 SH SOLE 9650.00
LUCENT TECHNOLOGIES COM COM 549463107 3782 61000.00 SH SOLE 61000.00
MCI WORLD COM INC. COM 55268B106 415 9150.00 SH SOLE 9150.00
MEDIMMUNE INC COM COM 584699102 766 4400.00 SH SOLE 4400.00
MERCK COM 589331107 551 8875.00 SH SOLE 8875.00
MERRILL LYNCH COM 590188108 567 5400.00 SH SOLE 5400.00
MICROSOFT COM 594918104 9763 91889.00 SH SOLE 91889.00
MORGAN S D WITTR ASIA COM COM 61744U-10 163 15000.00 SH SOLE 15000.00
MORGAN STAN DEAN WITTR COM NEW COM 617446448 1077 13000.00 SH SOLE 13000.00
MOTOROLA INC COM COM 620076109 200 1371.00 SH SOLE 1371.00
MRV COMMUNICATIONS INC COM COM 553477100 344 3750.00 SH SOLE 3750.00
NETWORK APPLIANCE INC COM COM 64120L104 4092 49450.00 SH SOLE 49450.00
NEXTEL A COMMON COM 65332V103 1964 13250.00 SH SOLE 13250.00
NEXTLINK COMMUNICATION CL A COM 65333H707 1092 8825.00 SH SOLE 8825.00
NOKIA CORP SPONSORED ADR COM 654902204 3009 13555.00 SH SOLE 13555.00
NORTEL NETWORKS CORP COM COM 656569100 2418 19190.00 SH SOLE 19190.00
NOVELLUS SYS INC COM COM 670008101 253 4500.00 SH SOLE 4500.00
OMNICOM COM 681919106 1100 11750.00 SH SOLE 11750.00
ORACLE CORP COM COM 68389X105 1502 19240.00 SH SOLE 19240.00
PFIZER COM 717081103 2452 67075.00 SH SOLE 67075.00
QUALCOMM INC COM COM 747525103 2001 13400.00 SH SOLE 13400.00
RESEARCH IN MOTION LTD COM COM 760975102 1696 15925.00 SH SOLE 15925.00
RF MICRODEVICES INC COM COM 749941100 1780 13250.00 SH SOLE 13250.00
RNETHEALTH COM COM COM 769695107 35 20000.00 SH SOLE 20000.00
SCHERING PLOUGH COM 806605101 289 7750.00 SH SOLE 7750.00
SDL INC COM COM 784076101 7440 34950.00 SH SOLE 34950.00
SHURGARD STORAGE CTRS COM COM 82567D104 342 13100.00 SH SOLE 13100.00
SIRIUS SATELLITE RADIO COM COM 82966U103 641 11250.00 SH SOLE 11250.00
SPRINT CORP COM FON GROUP COM 852061100 293 4650.00 SH SOLE 4650.00
SPRINT CORP PCS COM SER 1 COM 852061506 594 9074.00 SH SOLE 9074.00
STARBUCKS CORP COM COM 855244109 1546 34500.00 SH SOLE 34500.00
SUN MICROSYSTEMS INC COM COM 866810104 1188 12680.00 SH SOLE 12680.00
SYCAMORE NETWORKS INC COM COM 871206108 1064 8250.00 SH SOLE 8250.00
SYMBOL TECHNOLOGIES COM COM 871508107 253 3075.00 SH SOLE 3075.00
TYCO INTL LTD NEW COM COM 902124106 639 12750.00 SH SOLE 12750.00
UNITED ASSET MGMT CORP COM COM 909420101 287 16588.00 SH SOLE 16588.00
VODAFONE AIRTOUCH PLC SPONSORE COM 92857T107 1736 31250.00 SH SOLE 31250.00
VOICESTREAM WIRELESS COM COM 928615103 3133 24320.00 SH SOLE 24320.00
WAL MART STORES INC COM COM 931142103 1315 23275.00 SH SOLE 23275.00
WARNER LAMBERT CO COM COM 934488107 1700 17402.00 SH SOLE 17402.00
WASHINGTON FED INC COM COM 938824109 1402 73561.00 SH SOLE 73561.00
WASHINGTON MUT INC COM COM 939322103 2012 75937.00 SH SOLE 75937.00
WATERS COM 941848103 307 3225.00 SH SOLE 3225.00
WIND RIVER SYSTEMS INC COM COM 973149107 406 11200.00 SH SOLE 11200.00
XILINX INC COM COM 983919101 783 9450.00 SH SOLE 9450.00
XM SATELLITE RADIO HLD CL A COM 983759101 636 18250.00 SH SOLE 18250.00
</TABLE>
