UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year 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: Masters Capital Mgmt, LLC
Address: 3060 Peachtree Road NW, Ste 1815
Atlanta, GA. 30305
13 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
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: Mike Masters
Title:
Phone:
Signature, Place and Date of Signing:
Mike Masters May 9, 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: 57
Form 13F Information Table Value Total: 387057
<PAGE>
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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 DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ADVANCED MICRO DEVIC ES INC US OPTIONS - CALLS 0079030DJ 5706 100000 SH CALL SOLE 100000 0 0
D ALLSTATE CORP COM OPTIONS - CALLS 0200020DD 7144 300000 SH CALL SOLE 300000 0 0
D ARROW ELECTRONICS INC COM COMMON STOCK 042735100 7907 224300 SH SOLE 224300 0 0
D ASM LITHOGRAPHY HOLDING NV NLG ADRS STOCKS N07059111 5588 50000 SH SOLE 50000 0 0
D BARD C R INC COM COMMON STOCK 067383109 1934 50000 SH SOLE 50000 0 0
D BVR TECHNOLOGIES LTD COM COMMON STOCK M20514101 1388 100000 SH SOLE 100000 0 0
D COLUMBIA /HCA HEALTHCARE CORP COMMON STOCK 197677107 20250 800000 SH SOLE 800000 0 0
D COMPUTER ASSOC INTL INC COM COMMON STOCK 204912109 8878 150000 SH SOLE 150000 0 0
D CONSOLIDATED STORES CORP COM COMMON STOCK 210149100 2275 200000 SH SOLE 200000 0 0
D CRESCENT OPER INC COM COMMON STOCK 22575M100 288 100000 SH SOLE 100000 0 0
D DELL COMPUTER CORP COM COMMON STOCK 247025109 10788 200000 SH SOLE 200000 0 0
D DOLE FOOD INC COM COMMON STOCK 256605106 1944 100000 SH SOLE 100000 0 0
D EXAR CORP COM COMMON STOCK 300645108 1431 20000 SH SOLE 20000 0 0
D FEDERATED DEPT. STORES INC DEL COMMON STOCK 31410H101 8450 200000 SH SOLE 200000 0 0
D FRIEDE GOLDMAN INTL INC COMMON STOCK 358430106 769 111900 SH SOLE 111900 0 0
D GLOBECOMM SYSTEMS INC COMMON STOCK 37956X103 2615 98000 SH SOLE 98000 0 0
D GRAY COMMUNICATIONS SYS INC CL COMMON STOCK 389190208 1578 134300 SH SOLE 134300 0 0
D HARRIS CORP DEL COM COMMON STOCK 413875105 8468 245000 SH SOLE 245000 0 0
D HEALTHCARE RECOVERIES INC COM COMMON STOCK 42220K101 813 250000 SH SOLE 250000 0 0
D HOUSEHOLD INTL CORP COM OPTIONS - CALLS 4418150DG 7463 200000 SH CALL SOLE 200000 0 0
D INGRAM MICRO INC CL A COM COMMON STOCK 457153104 7688 500000 SH SOLE 500000 0 0
D INTERNAP NETWORK SERVICES CORP COMMON STOCK 45885A102 4600 100000 SH SOLE 100000 0 0
D INTL BUSINESS MACHS CORP COM COMMON STOCK 459200101 5900 50000 SH SOLE 50000 0 0
D INTL BUSINESS MACHS CORP COM OPTIONS - CALLS 4592000ED 11800 100000 SH CALL SOLE 100000 0 0
D J.D. EDWARDS & CO COM STK COMMON STOCK 281667105 5698 175000 SH SOLE 175000 0 0
D LEGATO SYS INC COM COMMON STOCK 524651106 2231 50000 SH SOLE 50000 0 0
D LOCKHEED MARTIN CORP COM COMMON STOCK 539830109 10219 500000 SH SOLE 500000 0 0
D LORAL SPACE AND COMMUNICATIONS COMMON STOCK G56462107 1013 100000 SH SOLE 100000 0 0
D MANOR CARE INC COM STK COMMON STOCK 564055101 6750 500000 SH SOLE 500000 0 0
D MAYTAG CO COM COMMON STOCK 578592107 3313 100000 SH SOLE 100000 0 0
D MEMC ELECTR MATERIALS INC COM COMMON STOCK 552715104 5031 250000 SH SOLE 250000 0 0
D METALINK LTD COMMON STOCK M69897102 1919 50000 SH SOLE 50000 0 0
D MICROSOFT CORP COM OPTIONS - CALLS 594918TET 21250 200000 SH CALL SOLE 200000 0 0
D MILLIPORE CORP COM COMMON STOCK 601073109 5644 100000 SH SOLE 100000 0 0
D MILLIPORE CORP COM OPTIONS - CALLS 6010730EJ 5644 100000 SH CALL SOLE 100000 0 0
D NATCO GROUP INC - A COMMON STOCK 63227W203 6631 631500 SH SOLE 631500 0 0
D NATIONAL-OILWELL INC COM COMMON STOCK 637071101 10436 338000 SH SOLE 338000 0 0
D NOVOSTE CORP COM COMMON STOCK 67010C100 3024 75600 SH SOLE 75600 0 0
D OLIN CORP COM COMMON STOCK 680665205 7100 400000 SH SOLE 400000 0 0
D OMI CORP-NEW COM STK COMMON STOCK Y6476W104 7716 2023800 SH SOLE 2023800 0 0
D ONEMAIN.COM INC COMMON STOCK 68267P109 2828 250000 SH SOLE 250000 0 0
D ONYX PHARMACEUTICAL INC, COM COMMON STOCK 683399109 6244 448000 SH SOLE 448000 0 0
D PASIFIK SATELIT NUSANTARA ADR ADRS STOCKS 69365Q106 3108 122500 SH SOLE 122500 0 0
D PEOPLESOFT INC COM COMMON STOCK 712713106 474 23700 SH SOLE 23700 0 0
D QUANTUM CORP COM STK COMMON STOCK 747906303 5625 500000 SH SOLE 500000 0 0
D SEAGATE TECHNOLOGY USD.01 COM COMMON STOCK 811804103 3088 50000 SH SOLE 50000 0 0
D SEAGATE TECHNOLOGY USD.01 COM OPTIONS - CALLS 811804SDM 12535 203000 SH CALL SOLE 203000 0 0
D SUNOCO INC COMMON STOCK 86764P109 7118 260000 SH SOLE 260000 0 0
D TECH DATA CORP COM OPTIONS - CALLS 8782370DF 9863 300000 SH CALL SOLE 300000 0 0
D TEEKAY SHIPPING CORP COM STK COMMON STOCK Y8564W103 13781 500000 SH SOLE 500000 0 0
D TEXACO INC USD3.125 COM COMMON STOCK 881694103 10750 200000 SH SOLE 200000 0 0
D ULTRAMAR DIAMOND SHAMROCK CP COMMON STOCK 904000106 6344 250000 SH SOLE 250000 0 0
D VALERO ENERGY CORP COMSTK COMMON STOCK 91913Y100 7672 250000 SH SOLE 250000 0 0
D VORNADO OPERATING INC COMMON STOCK 92904N103 349 27200 SH SOLE 27200 0 0
D WAL MART STORES INC OPTIONS - PUTS 9311420PL 5650 100000 SH PUT SOLE 100000 0 0
D WESTPOINT STEVENS INC COMMON STOCK 961238102 9500 500000 SH SOLE 500000 0 0
D YAHOO INC COM OPTIONS - CALLS 9843327DL 42844 250000 SH CALL SOLE 250000 0 0
S REPORT SUMMARY 57 DATA RECORDS 387057 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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