RIGEL CAPITAL MANAGEMENT INC/WA
13F-HR, 2000-11-06
Previous: INTERMOST CORP, 8-K, 2000-11-06
Next: NBC INTERNET INC, 10-Q, 2000-11-06


			UNITED STATES
		SECURITIES AND EXCHANGE COMMISSION
			WASHINGTON, D.C.  20549

				FORM 13F

			FORM 13F COVER PAGE

Report for the calendar or quarter ended:  September 30, 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 	November 6, 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:		109

Form 13F Information Table Value Total:		$106,756


List of Other Included Managers:  None




<TABLE>
                                                                  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>
A D C TELECOMMUNICATN COM      COM              000886101      461 17150.00 SH       SOLE                 17150.00
AES CORP COM                   COM              00130H105     1000 14600.00 SH       SOLE                 14600.00
AFLAC INC COM                  COM              001055102      573  8950.00 SH       SOLE                  8950.00
AMBAC FINL GROUP INC COM       COM              023139108      765 10450.00 SH       SOLE                 10450.00
AMERICAN INTL GROUP COM        COM              026874107     2498 26107.00 SH       SOLE                 26107.00
AMGEN INC COM                  COM              031162100     1585 22700.00 SH       SOLE                 22700.00
APPLE COMPUTER INC COM         COM              037833100      415 16100.00 SH       SOLE                 16100.00
APPLIED MATLS INC COM          COM              038222105      338  5700.00 SH       SOLE                  5700.00
APPLIED MICRO CIRCUITS COM     COM              03822W109      424  2050.00 SH       SOLE                  2050.00
ASIA TIGERS FUND, INC. COMMMON COM              04516T105      215 28000.00 SH       SOLE                 28000.00
ASM LITHOGRAPHY HLDG N Y SHS   COM              N07059111      242  7500.00 SH       SOLE                  7500.00
AT&T CORP COM LIB GRP A        COM              001957208      842 46800.00 SH       SOLE                 46800.00
AVANEX CORP COM                COM              05348W109      861  8000.00 SH       SOLE                  8000.00
BIOGEN                         COM              090597105      756 12400.00 SH       SOLE                 12400.00
BOOKHAM TECHNOLOGY PLC SPONSOR COM              09856Q108      290  6775.00 SH       SOLE                  6775.00
BROADCOM CORP CL A             COM              111320107     1292  5300.00 SH       SOLE                  5300.00
CATALINA MARKETING CP COM      COM              148867104      327  8700.00 SH       SOLE                  8700.00
CELESTICA INC SUB VTG SHS      COM              15101Q108      370  5350.00 SH       SOLE                  5350.00
CHASE MANHATTAN NEW COM        COM              16161A108      485 10500.00 SH       SOLE                 10500.00
CIENA CORP COM                 COM              171779101      589  4800.00 SH       SOLE                  4800.00
CISCO                          COM              17275R102     4707 85200.00 SH       SOLE                 85200.00
CITIGROUP INC COM              COM              172967101     2578 47692.08 SH       SOLE                 47692.08
COLGATE PALMOLIVE CO COM       COM              194162103      307  6500.00 SH       SOLE                  6500.00
COMCAST CORP - SPECIAL CLASS A COM              200300200      217  5300.00 SH       SOLE                  5300.00
CONEXANT SYSTEMS INC COM       COM              207142100     1032 24650.00 SH       SOLE                 24650.00
CORNING INC COM                COM              219350105     2782  9366.00 SH       SOLE                  9366.00
COSTCO WHSL CORP NEW COM       COM              22160K105     1013 29000.00 SH       SOLE                 29000.00
E M C CORP MASS COM            COM              268648102     2491 25125.00 SH       SOLE                 25125.00
EMERSON ELEC CO COM            COM              291011104      707 10550.00 SH       SOLE                 10550.00
ENRON CORP COM                 COM              293561106     1433 16350.00 SH       SOLE                 16350.00
ENTRUST TECHNOLOGIES COM       COM              293848107      276 10000.00 SH       SOLE                 10000.00
EXODUS COMMUNICATIONS COM      COM              302088109      970 19650.00 SH       SOLE                 19650.00
EXPEDITORS INTL WASH COM       COM              302130109      381  8450.00 SH       SOLE                  8450.00
F5 NETWORKS INC COM            COM              315616102      229  6750.00 SH       SOLE                  6750.00
FANNIE MAE                     COM              313586109     1380 19300.00 SH       SOLE                 19300.00
FLEXTRONICS INTL LTD ORD       COM              Y2573F102     1123 13672.00 SH       SOLE                 13672.00
FOUNDRY NETWORKS INC COM       COM              35063R100      343  5125.00 SH       SOLE                  5125.00
FRONTIER FINL CP WASH COM      COM              35907K105      263 14000.00 SH       SOLE                 14000.00
GENERAL ELECTRIC CO. COMMON    COM              369604103     3030 52525.00 SH       SOLE                 52525.00
GO2NET INC COM                 COM              383486107     1331 24525.00 SH       SOLE                 24525.00
GOLDEN WEST FINL DEL COM       COM              381317106     1102 20550.00 SH       SOLE                 20550.00
GSI LUMONICS INC COM           COM              36229U102      136  8250.00 SH       SOLE                  8250.00
HALLIBURTON COMPANY            COM              406216101      455  9300.00 SH       SOLE                  9300.00
HOME DEPOT                     COM              437076102     1645 31000.00 SH       SOLE                 31000.00
ICOS CORP                      COM              449295104     2046 37800.00 SH       SOLE                 37800.00
INFOSPACE COM INC COM          COM              45678T102      327 10800.00 SH       SOLE                 10800.00
INTEL CORP COM                 COM              458140100     1043 25100.00 SH       SOLE                 25100.00
INTERNAP NETWORK SVCS COM      COM              45885A102      229  7100.00 SH       SOLE                  7100.00
JDS UNIPHASE CORP COM          COM              46612J101     4429 46771.00 SH       SOLE                 46771.00
KING PHARMACEUTICALS COM       COM              495582108      222  6636.00 SH       SOLE                  6636.00
KROGER CO COM                  COM              501044101      677 30000.00 SH       SOLE                 30000.00
L3 COMMUNICATIONS HLDG         COM              502424104      610 10800.00 SH       SOLE                 10800.00
LEAP WIRELESS INTL INC COM     COM              521863100      344  5500.00 SH       SOLE                  5500.00
LUCENT TECHNOLOGIES COM        COM              549463107     1502 49150.00 SH       SOLE                 49150.00
MAXYGEN INC COM                COM              577776107      259  5000.00 SH       SOLE                  5000.00
MEDIMMUNE INC COM              COM              584699102     1083 14025.00 SH       SOLE                 14025.00
MERCK                          COM              589331107     1066 14325.00 SH       SOLE                 14325.00
METRETEK TECHNOLOGIES COM      COM              59159Q107      169 61300.00 SH       SOLE                 61300.00
MGIC INVT CORP WIS COM         COM              552848103      807 13200.00 SH       SOLE                 13200.00
MICROSOFT                      COM              594918104     4003 66370.00 SH       SOLE                 66370.00
MINNESOTA MGN & MFG CO         COM              604059105      137  1500.00 SH       SOLE                  1500.00
MORGAN S D WITTR ASIA COM      COM              61744U-10      142 15000.00 SH       SOLE                 15000.00
MORGAN STAN DEAN WITTR COM NEW COM              617446448     1079 11800.00 SH       SOLE                 11800.00
MRV COMMUNICATIONS INC COM     COM              553477100      426  9400.00 SH       SOLE                  9400.00
NETWORK APPLIANCE INC COM      COM              64120L104     3328 26125.00 SH       SOLE                 26125.00
NEWPORT CORP COM               COM              651824104      653  4100.00 SH       SOLE                  4100.00
NEXTEL A COMMON                COM              65332V103     1068 22850.00 SH       SOLE                 22850.00
NOKIA CORP SPONSORED ADR       COM              654902204     1364 34250.00 SH       SOLE                 34250.00
NORTEL NETWORKS NEW COM        COM              656568102     2636 44250.00 SH       SOLE                 44250.00
NOVELLUS SYS INC COM           COM              670008101      179  3850.00 SH       SOLE                  3850.00
OMNICOM                        COM              681919106      558  7650.00 SH       SOLE                  7650.00
ONYX SOFTWARE CORP COM         COM              683402101      186  9000.00 SH       SOLE                  9000.00
ORACLE CORP COM                COM              68389X105      362  4600.00 SH       SOLE                  4600.00
PACIFIC NORTHWEST BANC COM     COM              69466M103      154 11870.00 SH       SOLE                 11870.00
PE CORP COM PE BIO GRP         COM              69332S102      652  5600.00 SH       SOLE                  5600.00
PFIZER                         COM              717081103     2655 59073.00 SH       SOLE                 59073.00
POLYCOM INC COM                COM              73172K104      201  3000.00 SH       SOLE                  3000.00
PROVIDIAN FINL CORP COM        COM              74406A102      451  3550.00 SH       SOLE                  3550.00
QUALCOMM INC COM               COM              747525103      531  7450.00 SH       SOLE                  7450.00
REALNETWORKS INC COM           COM              75605L104      250  6300.00 SH       SOLE                  6300.00
REDBACK NETWORKS INC COM       COM              757209101      328  2000.00 SH       SOLE                  2000.00
RENAL CARE GROUP INC COM       COM              759930100      400 21500.00 SH       SOLE                 21500.00
RESEARCH IN MOTION LTD COM     COM              760975102      365  3700.00 SH       SOLE                  3700.00
RF MICRODEVICES INC COM        COM              749941100      422 13200.00 SH       SOLE                 13200.00
SAFEWAY                        COM              786514208      955 20450.00 SH       SOLE                 20450.00
SCHERING PLOUGH                COM              806605101     1060 22800.00 SH       SOLE                 22800.00
SCIENTIFIC ATLANTA INC COM     COM              808655104      248  3900.00 SH       SOLE                  3900.00
SDL INC COM                    COM              784076101     5158 16675.00 SH       SOLE                 16675.00
SIRIUS SATELLITE RADIO COM     COM              82966U103      222  4200.00 SH       SOLE                  4200.00
STARBUCKS CORP COM             COM              855244109      529 13200.00 SH       SOLE                 13200.00
SUN MICROSYSTEMS INC COM       COM              866810104      613  5250.00 SH       SOLE                  5250.00
SYCAMORE NETWORKS INC COM      COM              871206108     1207 11175.00 SH       SOLE                 11175.00
SYMYX TECHNOLOGIES COM         COM              87155S108      187  4300.00 SH       SOLE                  4300.00
TYCO INTL LTD NEW COM          COM              902124106      814 15700.00 SH       SOLE                 15700.00
VEECO INSTRS INC DEL COM       COM              922417100      340  3200.00 SH       SOLE                  3200.00
VERIZON COMMUNICATIONS COM     COM              92343V104      242  5000.00 SH       SOLE                  5000.00
VITESSE SEMICONDUCTOR COM      COM              928497106      156  1750.00 SH       SOLE                  1750.00
VODAFONE GROUP PLC NEW SPONSOR COM              92857W100      694 18750.00 SH       SOLE                 18750.00
VOICESTREAM WIRELESS COM       COM              928615103     2919 25148.00 SH       SOLE                 25148.00
WAL MART STORES INC COM        COM              931142103      746 15500.00 SH       SOLE                 15500.00
WASHINGTON FED INC COM         COM              938824109     1495 65733.00 SH       SOLE                 65733.00
WASHINGTON MUT INC COM         COM              939322103     3082 77412.00 SH       SOLE                 77412.00
WATERS                         COM              941848103      530  5950.00 SH       SOLE                  5950.00
WATSON PHARMACEUTICALS COM     COM              942683103      370  5700.00 SH       SOLE                  5700.00
WILLIAMS COS. INC.             COM              969457100      837 19800.00 SH       SOLE                 19800.00
WIND RIVER SYSTEMS INC COM     COM              973149107     1191 24850.00 SH       SOLE                 24850.00
XILINX INC COM                 COM              983919101      531  6200.00 SH       SOLE                  6200.00
XM SATELLITE RADIO HLD CL A    COM              983759101      254  5900.00 SH       SOLE                  5900.00
XO COMMUNICATIONS INC CL A     COM              983764101      771 21900.00 SH       SOLE                 21900.00
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission