UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1998
Check here if Amendment [X]; Amendment Number: 1
This Amendment (Check only one.): [X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: High Rock Capital LLC
Address: 28 State Street
18th Floor
Boston, MA 02109
13F File Number : 028-03487
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: Steven C. Wilner
Title: Vice President
Phone: (617) 747-5806
Signature, Place and Date of Signing:
/s/ Steven C. Wilner Boston, Massachusetts February 16, 1999
--------------------
High Rock Asset Management LLC is the parent company and sole member of High
Rock Capital LLC. In accordance with 17 CFR 240.13f-1(b), High Rock Asset
Management LLC is deemed to exercise "investment discretion" with respect to all
accounts with which High Rock Capital LLC exercises "investment discretion".
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 AND EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Managers Included: 1
Form 13F Information Table Entry Total: 195
Form 13F Information Table Value Total: 558643
List of Other Included Managers:
No. 13F File Number Name
01 Not yet assigned High Rock Asset Management LLC
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
BAY VIEW CAP CORP DEL COM 07262L101 217 10000 SH DEFINED 01 10000 0 0
JDA SOFTWARE GROUP INC COM 46612K108 217 22400 SH DEFINED 01 22400 0 0
PRIMEX TECHNOLOGIES INC COM 741597108 229 5400 SH DEFINED 01 5200 0 200
NATIONAL SVC INDS INC COM 637657107 243 6400 SH DEFINED 01 6400 0 0
NCH CORP COM 628850109 250 4200 SH DEFINED 01 4200 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 267 32650 SH DEFINED 01 29750 0 2900
CADMUS COMMUNICATIONS CORP COM 127587103 293 15500 SH DEFINED 01 15500 0 0
AUDIOVOX CORP COM 050757103 301 50700 SH DEFINED 01 47100 0 3600
U S INDS INC NEW COM 912080108 351 19100 SH DEFINED 01 19100 0 0
TRUE NORTH COMMUNICATIONS INC COM 897844106 430 16000 SH DEFINED 01 16000 0 0
AMERIPATH INC COM 03071D109 432 48300 SH DEFINED 01 42700 0 5600
SANDERSON FARMS INC COM 800013104 506 32900 SH DEFINED 01 30900 0 2000
PRAEGITZER INDS INC COM 739422103 516 73050 SH DEFINED 01 66750 0 6300
INSURANCE AUTO AUCTIONS INC COM 457875102 571 48060 SH DEFINED 01 44670 0 3390
DAN RIV INC GA CL A 235774106 577 49100 SH DEFINED 01 46600 0 2500
BAYONNE BANCSHARES INC COM 072883101 611 36500 SH DEFINED 01 33800 0 2700
HUGHES SUPPLY INC COM 444482103 614 21000 SH DEFINED 01 19900 0 1100
ACKERLEY GROUP INC COM 004527107 653 35800 SH DEFINED 01 33700 0 2100
GA FINL INC COM 361437106 656 42300 SH DEFINED 01 39400 0 2900
PIONEER GROUP INC COM 723684106 754 38200 SH DEFINED 01 35900 0 2300
QUIXOTE CORP COM 749056107 771 62600 SH DEFINED 01 56800 0 5800
ROYAL APPLIANCE MFG CO COM 780076105 790 214200 SH DEFINED 01 199800 0 14400
INSTRON CORP COM 457776102 835 48400 SH DEFINED 01 45500 0 2900
FLUSHING FINL CORP COM 343873105 838 53000 SH DEFINED 01 49600 0 3400
CUBIC CORP COM 229669106 913 48700 SH DEFINED 01 44500 0 4200
RIVIANA FOODS INC COM 769536103 936 37900 SH DEFINED 01 35400 0 2500
TRANSTECHNOLOGY CORP DEL COM 893889105 951 45809 SH DEFINED 01 41525 0 4284
INTL SPECIALTY PRODS INC NEW COM 460337108 975 71900 SH DEFINED 01 67100 0 4800
LEARNING CO INC COM 522008101 993 38000 SH DEFINED 01 38000 0 0
MERIDIAN INSURANCE GROUP INC COM 589644103 1041 51425 SH DEFINED 01 51425 0 0
DT INDUSTRIES INC COM 23333J108 1044 66300 SH DEFINED 01 62200 0 4100
ADVEST GROUP INC COM 007566102 1103 59600 SH DEFINED 01 55800 0 3800
TERRA INDS INC COM 880915103 1104 178400 SH DEFINED 01 167100 0 11300
BANKUNITED FINL CORP CL A 06652B103 1110 138800 SH DEFINED 01 130000 0 8800
NUEVO ENERGY CO COM 670509108 1111 96600 SH DEFINED 01 90000 0 6600
BE AEROSPACE INC COM 073302101 1119 53300 SH DEFINED 01 49700 0 3600
SUNGLASS HUT INTL INC COM 86736F106 1144 163450 SH DEFINED 01 152850 0 10600
MICROSEMI CORP COM 595137100 1173 106600 SH DEFINED 01 100000 0 6600
SILICONIX INC COM NEW 827079203 1194 57520 SH DEFINED 01 53539 0 3981
VINTAGE PETE INC COM 927460105 1208 140100 SH DEFINED 01 130700 0 9400
VARCO INTL INC COM 922126107 1209 156000 SH DEFINED 01 145300 0 10700
MICROTOUCH SYS INC COM 595145103 1219 92900 SH DEFINED 01 87100 0 5800
ISB FINL GROUP INC COM 450091103 1241 56100 SH DEFINED 01 52200 0 3900
CHARMING SHOPPES INC COM 161133103 1294 300000 SH DEFINED 01 277900 0 22100
JAN BELL MARKETING INC COM 470760109 1306 202900 SH DEFINED 01 187700 0 15200
Ragen Mackenzie Group COM 750642100 1350 113100 SH DEFINED 01 105900 0 7200
KEMET CORP COM 488360108 1352 120200 SH DEFINED 01 112200 0 8000
PHILLIPS VAN HEUSEN CORP COM 718592108 1397 194300 SH DEFINED 01 180300 0 14000
JOURNAL REGISTER CO COM 481138105 1404 93600 SH DEFINED 01 87200 0 6400
INPRISE CORP COM 45766C102 1424 259000 SH DEFINED 01 241100 0 17900
GENERAL CHEM GROUP INC COM 369332101 1444 104100 SH DEFINED 01 97500 0 6600
MAXWELL SHOE INC CL A 577766108 1460 133500 SH DEFINED 01 123500 0 10000
AMCAST INDL CORP COM 023395106 1501 78500 SH DEFINED 01 73200 0 5300
INDEPENDENCE CMNTY BK CORP COM 453414104 1519 95300 SH DEFINED 01 88400 0 6900
HUDSON RIV BANCORP INC COM 444128102 1561 138000 SH DEFINED 01 129000 0 9000
SANTA FE ENERGY RESOURCES COM 802012104 1590 219300 SH DEFINED 01 204500 0 14800
PEOPLES BANCORP INC DEL COM 709909105 1603 147394 SH DEFINED 01 136977 0 10417
URBAN OUTFITTERS INC COM 917047102 1647 97600 SH DEFINED 01 91500 0 6100
RICHEY ELECTRONICS COM 763302106 1651 160100 SH DEFINED 01 150200 0 9900
ADE CORP MASS COM 00089C107 1673 128700 SH DEFINED 01 119900 0 8800
GEORGIA GULF CORP COM PAR $0.01 373200203 1674 104200 SH DEFINED 01 97200 0 7000
SNYDER OIL CORP COM 833482102 1681 126300 SH DEFINED 01 118100 0 8200
CFS BANCORP INC COM 12525D102 1756 174500 SH DEFINED 01 162800 0 11700
HARMONIC LIGHTWAVES INC COM 413160102 1762 94000 SH DEFINED 01 86800 0 7200
OCEANEERING INTL INC COM 675232102 1768 117900 SH DEFINED 01 110200 0 7700
BALDWIN TECHNOLOGY INC CL A 058264102 1799 319900 SH DEFINED 01 297000 0 22900
GIANT CEMENT HLDG INC COM 374450104 1802 72800 SH DEFINED 01 68000 0 4800
STANLEY FURNITURE INC COM 854305208 1818 99600 SH DEFINED 01 93200 0 6400
FIRST SOURCE CORP COM 33646K106 1819 223900 SH DEFINED 01 210600 0 13300
EFC BANCORP INC COM 268423100 1837 168900 SH DEFINED 01 156600 0 12300
PIONEER STD ELECTRS INC COM 723877106 1843 196600 SH DEFINED 01 184500 0 12100
UNITED CMNTY FINL CORP OHIO COM 909839102 1855 124700 SH DEFINED 01 115900 0 8800
NORTHLAND CRANBERRIES INC CL A 666499108 1857 205600 SH DEFINED 01 191700 0 13900
OFFSHORE LOGISTICS INC COM 676255102 1939 163300 SH DEFINED 01 152500 0 10800
FULLER H B CO COM 359694106 1944 40400 SH DEFINED 01 37700 0 2700
LIFETIME HOAN CORP COM 531926103 1967 201700 SH DEFINED 01 188600 0 13100
KNIGHTSBRIDGE TANKERS LTD ORD G5299G106 1979 95100 SH DEFINED 01 95100 0 0
NATIONAL STEEL CORP CL B 637844309 1994 279900 SH DEFINED 01 261000 0 18900
DOWNEY FINL CORP COM 261018105 2033 79903 SH DEFINED 01 74603 0 5300
CYPRESS SEMICONDUCTOR CORP COM 232806109 2035 244800 SH DEFINED 01 228600 0 16200
NATURAL MICROSYSTEMS CORP COM 638882100 2053 281900 SH DEFINED 01 262000 0 19900
CATELLUS DEV CORP COM 149111106 2128 148700 SH DEFINED 01 138900 0 9800
UNIT CORP COM 909218109 2131 508800 SH DEFINED 01 480000 0 28800
HAVEN BANCORP COM 419352109 2200 146700 SH DEFINED 01 137700 0 9000
BOISE CASCADE OFFFICE PRODS COM 097403109 2206 163400 SH DEFINED 01 152500 0 10900
ALLIANCE SEMICONDUCTOR CORP COM 01877H100 2269 558600 SH DEFINED 01 520800 0 37800
NORSTAN INC COM 656535101 2293 129200 SH DEFINED 01 120500 0 8700
MORGAN KEEGAN INC COM 617410105 2316 123500 SH DEFINED 01 115300 0 8200
QUANEX CORP COM 747620102 2346 104000 SH DEFINED 01 97000 0 7000
WEST MARINE INC COM 954235107 2388 241800 SH DEFINED 01 226500 0 15300
CREDENCE SYSTEMS CORP COM 225302108 2432 131500 SH DEFINED 01 122900 0 8600
INACOM CORP COM 45323G109 2448 164600 SH DEFINED 01 153500 0 11100
COREL CORP COM 21868Q109 2450 612600 SH DEFINED 01 566700 0 45900
SMUCKER J M CO CL B 832696207 2459 111150 SH DEFINED 01 103850 0 7300
HYPERCOM CORP COM 44913M105 2502 251800 SH DEFINED 01 234600 0 17200
OBJECT DESIGN INC COM 674416102 2539 383300 SH DEFINED 01 359000 0 24300
RICHMOND CNTY FINL CORP COM 764556106 2568 159900 SH DEFINED 01 149800 0 10100
VISHAY INTERTECHNOLOGY INC COM 928298108 2612 180169 SH DEFINED 01 168069 0 12100
INTERNATIONAL HOME FOODS INC COM 459655106 2675 158500 SH DEFINED 01 148000 0 10500
ORTEL CORP COM 68749W102 2677 306000 SH DEFINED 01 285300 0 20700
MICROAGE INC COM 594928103 2701 175700 SH DEFINED 01 163800 0 11900
CONSOLIDATED FREIGHTWAYS COR COM 209232107 2729 171900 SH DEFINED 01 160500 0 11400
AMERICAN BLDGS CO NEW COM 024757106 2739 111800 SH DEFINED 01 105400 0 6400
WATTS INDS INC CL A 942749102 2750 165400 SH DEFINED 01 154200 0 11200
CYPRUS AMAX MINERALS CO COM 232809103 2802 280200 SH DEFINED 01 261600 0 18600
PEGASUS COMMUNICATIONS CORP CL A 705904100 2810 112100 SH DEFINED 01 104500 0 7600
LESCO INC OHIO COM 526872106 2867 222700 SH DEFINED 01 207900 0 14800
AVONDALE INDS INC COM 054350103 2928 100950 SH DEFINED 01 94650 0 6300
ALBEMARLE CORP COM 012653101 2973 125200 SH DEFINED 01 116900 0 8300
WATKINS JOHNSON CO COM 942486101 2981 146300 SH DEFINED 01 136600 0 9700
FINISH LINE INC CL A 317923100 3022 377700 SH DEFINED 01 355200 0 22500
MATERIAL SCIENCES CORP COM 576674105 3036 357200 SH DEFINED 01 333300 0 23900
CIRCUS CIRCUS ENTERPRISES INC COM 172909103 3071 271500 SH DEFINED 01 253600 0 17900
SAGA COMMUNICATIONS CL A 786598102 3094 150949 SH DEFINED 01 140651 0 10298
SILGAN HOLDINGS INC COM 827048109 3102 111600 SH DEFINED 01 104700 0 6900
EXCEL INDS INC COM 300657103 3159 180500 SH DEFINED 01 168400 0 12100
ARGONAUT GROUP INC COM 040157109 3207 130900 SH DEFINED 01 122300 0 8600
CROSS TIMBERS OIL CO COM 227573102 3208 427800 SH DEFINED 01 401700 0 26100
MARINE DRILLING COS IN COM PAR $0.01 568240204 3209 424300 SH DEFINED 01 398600 0 25700
RUSSELL CORP COM 782352108 3217 158400 SH DEFINED 01 147900 0 10500
BEN & JERRYS HOMEMADE INC CL A 081465106 3242 144900 SH DEFINED 01 135800 0 9100
ENNIS BUSINESS FORMS INC COM 293389102 3245 326500 SH DEFINED 01 303700 0 22800
FREEDOM SECS CORP COM 35644K103 3267 216000 SH DEFINED 01 201700 0 14300
YELLOW CORP COM 985509108 3289 172000 SH DEFINED 01 160500 0 11500
DEB SHOPS INC COM 242728103 3364 224300 SH DEFINED 01 209200 0 15100
CANANDAIGUA BRANDS INC CL A 137219200 3399 58800 SH DEFINED 01 58800 0 0
FIRST WASH BANCORP INC WASH COM 33748T104 3432 143000 SH DEFINED 01 133300 0 9700
CELADON GROUP INC COM 150838100 3497 245400 SH DEFINED 01 230400 0 15000
UNITED RETAIL GROUP INC COM 911380103 3504 326000 SH DEFINED 01 304900 0 21100
LADD FURNITURE INC COM PAR $0.30 505739201 3508 216700 SH DEFINED 01 202100 0 14600
STEWART & STEVENSON SVCS INC COM 860342104 3527 361700 SH DEFINED 01 340900 0 20800
ESSEF CORP COM 269145108 3530 183400 SH DEFINED 01 171400 0 12000
AVID TECHNOLOGY INC COM 05367P100 3560 152300 SH DEFINED 01 142000 0 10300
PENNFED FINL SVCS INV COM 708167101 3567 274400 SH DEFINED 01 258300 0 16100
MARSHALL INDUSTRIES INC COM 572393106 3601 147000 SH DEFINED 01 137300 0 9700
ASTORIA FINL CORP COM 046265104 3628 79291 SH DEFINED 01 74431 0 4860
NATIONAL R V HLDGS INC COM 637277104 3693 143400 SH DEFINED 01 134200 0 9200
HMT TECHNOLOGY CORP COM 403917107 3810 297400 SH DEFINED 01 277400 0 20000
GREAT ATLANTIC & PAC TEA INC COM 390064103 3866 130500 SH DEFINED 01 121900 0 8600
RED ROOF INNS INC COM 757005103 3891 230600 SH DEFINED 01 216600 0 14000
FRESH DEL MONTE PRODUCE INC ORD G36738105 3902 179900 SH DEFINED 01 168000 0 11900
SENSORMATIC ELECTRS CORP COM 817265101 3934 567000 SH DEFINED 01 528800 0 38200
IN FOCUS SYS INC COM 452919103 3977 448100 SH DEFINED 01 421800 0 26300
SBARRO INC COM 805844107 3988 152300 SH DEFINED 01 142800 0 9500
TEXAS INDS INC COM 882491103 4022 149300 SH DEFINED 01 139400 0 9900
LILLY INDS INC CL A 532491107 4027 202000 SH DEFINED 01 188800 0 13200
CABLE DESIGN TECHNOLOGIES CO COM 126924109 4035 218100 SH DEFINED 01 203400 0 14700
BERKLEY W R CORP COM 084423102 4043 118700 SH DEFINED 01 111600 0 7100
OAK INDS INC COM 671400505 4074 116400 SH DEFINED 01 108500 0 7900
ACUSON CORP COM 005113105 4190 282900 SH DEFINED 01 264100 0 18800
CARMIKE CINEMAS INC CL A 143436103 4204 206950 SH DEFINED 01 193150 0 13800
XTRA CORP COM 984138107 4262 103000 SH DEFINED 01 96200 0 6800
VIASOFT INC COM 92552U102 4277 611000 SH DEFINED 01 571300 0 39700
K-SWISS INC CL A 482686102 4338 161400 SH DEFINED 01 151200 0 10200
NEIMAN MARCUS GROUP INC COM 640204103 4344 174200 SH DEFINED 01 162700 0 11500
TOWER REALTY TR INC COM 89185E109 4388 218038 SH DEFINED 01 204138 0 13900
ZIFF-DAVIS INC COM 989511100 4418 279400 SH DEFINED 01 261100 0 18300
GAYLORD CONTAINER CORP CL A 368145108 4466 736700 SH DEFINED 01 687900 0 48800
ALTERNATIVE RESOURCES CORP COM 02145R102 4499 423400 SH DEFINED 01 395400 0 28000
BANDAG INC CL A 059815308 4523 129700 SH DEFINED 01 120900 0 8800
POOL ENERGY SVCS CO COM 732788104 4593 424800 SH DEFINED 01 396400 0 28400
COX RADIO INC CL A 224051102 4673 110600 SH DEFINED 01 103300 0 7300
DAIN RAUSCHER CORP COM 233856103 4735 160500 SH DEFINED 01 150000 0 10500
ALLTRISTA CORP COM 020040101 4767 198617 SH DEFINED 01 185917 0 12700
NATIONAL-OILWELL INC COM 637071101 4778 427100 SH DEFINED 01 400700 0 26400
PFF BANCORP INC COM 69331W104 4857 303550 SH DEFINED 01 283050 0 20500
VICORP RESTAURANTS INC COM 925817108 4884 315100 SH DEFINED 01 294100 0 21000
KNOLL INC COM 498904101 4927 166300 SH DEFINED 01 155300 0 11000
ANSYS INC COM 03662Q105 4975 452300 SH DEFINED 01 422234 0 30066
JUNO LTG INC COM 482047107 4979 213000 SH DEFINED 01 199600 0 13400
CIRCON CORP COM 172736100 5026 335100 SH DEFINED 01 309400 0 25700
PIER 1 IMPORTS INC COM 720279108 5184 535100 SH DEFINED 01 499300 0 35800
ALBERTO CULVER CO CL A 013068200 5270 208700 SH DEFINED 01 195000 0 13700
POLAROID CORP COM 731095105 5279 282500 SH DEFINED 01 263800 0 18700
RIGGS NATL CORP WASH DC COM 766570105 5434 266700 SH DEFINED 01 249600 0 17100
SPACELABS MED INC COM 846247104 5550 241300 SH DEFINED 01 226900 0 14400
FIRSTFED FINL CORP COM 337907109 5577 312000 SH DEFINED 01 291400 0 20600
BELDEN INC COM 077459105 5598 264200 SH DEFINED 01 246700 0 17500
WALLACE COMPUTER SERVICES INC COM 932270101 5607 212600 SH DEFINED 01 198600 0 14000
SYMANTEC CORP COM 871503108 5620 258400 SH DEFINED 01 241300 0 17100
FRUIT OF THE LOOM INC CL A 359416104 5707 413200 SH DEFINED 01 385900 0 27300
LAWTER INTL INC COM 520786104 6030 518700 SH DEFINED 01 484400 0 34300
LOEWS CINEPLEX ENTMT CORP COM 540423100 6081 600600 SH DEFINED 01 562300 0 38300
CHAMPION ENTERPRISES INC COM 158496109 6107 223100 SH DEFINED 01 208500 0 14600
NEWFIELD EXPL CO COM 651290108 6219 297900 SH DEFINED 01 277600 0 20300
CLAIRE'S STORES INC COM 179584107 6248 304800 SH DEFINED 01 284700 0 20100
WANG LABS INC NEW COM 93369N109 6330 228100 SH DEFINED 01 213000 0 15100
HEARST-ARGYLE TELEVISION INC COM 422317107 6438 195100 SH DEFINED 01 182600 0 12500
LAM RESH CORP COM 512807108 6610 371100 SH DEFINED 01 346600 0 24500
SPEEDFAM INTL INC COM 847706108 6611 386050 SH DEFINED 01 361250 0 24800
TORO CO COM 891092108 6632 232700 SH DEFINED 01 218500 0 14200
VARIAN ASSOC INC COM 922204102 7147 188700 SH DEFINED 01 176400 0 12300
HUSSMANN INTL INC COM 448110106 7655 395100 SH DEFINED 01 368500 0 26600
SCHULMAN A INC COM 808194104 7700 339400 SH DEFINED 01 318500 0 20900
COLTEC INDS INC COM 196879100 8130 416900 SH DEFINED 01 391100 0 25800
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