UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
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: Satellite Asset Mgmt.
Address: 10 East 50th Street, 21st Fl
NY, NY 10022
13 File Number: 8x@ajipb
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
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:
Title:
Phone:
Signature, Place and Date of Signing:
February 11, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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: 19
Form 13F Information Table Value Total: 329475
<PAGE>
<TABLE> <C> <C>
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 DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D AERIAL COMMUNICATIONS INC COMMON STOCK 007655103 365 6000 SH SOLE 6000 0 0
D AMFM INC COM COMMON STOCK 001693100 5477 70000 SH SOLE 70000 0 0
D CLARIFY INC COM COMMON STOCK 180492100 24343 193200 SH SOLE 193200 0 0
D GENERAL INSTRUMENT CORP COM COMMON STOCK 370120107 36125 425000 SH SOLE 425000 0 0
D GENESYS TELECOMMUNICATIONS COMMON STOCK 371931106 14990 277600 SH SOLE 277600 0 0
D HOMELAND HOLDINGS CORP COMMON STOCK 43739T104 2321 640541 SH SHARED 0 640541 0
D MEDIAONE GROUP INC COM STK COMMON STOCK 58440J104 12290 160000 SH SOLE 160000 0 0
D NABISCO GROUP HOLDINGS COMMON STOCK 62952P102 2435 229200 SH SHARED 0 229200 0
D OAK INDS INC COM NEW COMMON STOCK 671400505 24069 226800 SH SOLE 226800 0 0
D OMNIPOINT CORP COM COMMON STOCK 68212D102 38201 316700 SH SOLE 316700 0 0
D OPTICAL COATING LAB INC COM COMMON STOCK 683829105 24686 83400 SH SOLE 83400 0 0
D PENN TRAFFIC COMPANY COM STK COMMON STOCK 707832200 83379 9013981 SH SHARED 0 9013981 0
D PIMCO ADVISOR HLDG L/P COMMON STOCK 69338P102 21602 573200 SH SOLE 573200 0 0
D REPUBLIC N Y CORP COM COMMON STOCK 760719104 2160 30000 SH SOLE 30000 0 0
D REYNOLDS R J TOB HLDGS INC COM COMMON STOCK 76182K105 1388 78799 SH SHARED 0 78799 0
D SPRINT CORP USD2.50 COM COMMON STOCK 852061100 673 10000 SH SOLE 10000 0 0
D UNION CARBIDE CORP COM COMMON STOCK 905581104 11020 165100 SH SOLE 165100 0 0
D UST CORP COM COMMON STOCK 902900109 444 14000 SH SOLE 14000 0 0
D VISIO CORP COM COMMON STOCK 927914101 23507 494900 SH SOLE 494900 0 0
S REPORT SUMMARY 19 DATA RECORDS 329475 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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