LOWENTHAL RONN C DBA LOWENTHAL CAPITAL MANAGEMENT
13F-HR, 2000-05-11
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        UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                       FORM 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:      03/31/00

Check here if Amendment /  /; Amendment Number:
This Amendment (Check only one):    /  / is a restatement
                                    /  / adds new holdings entries.

Institutional Investment Manager Filing this Report:

RONN C. LOWENTHAL d/b/a
LOWENTHAL CAPITAL MANAGEMENT
235 Montgomery Street, Suite 920
San Francisco, CA  94104

Form 13F File Number:  28-05315

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:

RONN C. LOWENTHAL
415-788-4823

Signature, Place and Date of Signing:

/s/ Ronn C. Lowenthal
__________________________________
Ronn C. Lowenthal, d/b/a Lowenthal
Capital Management
San Francisco, CA
05/11/00

Report Type (Check only one):
/ x /  13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report)

/   /  13F NOTICE.  (Check here if no holdings reported are in
this report, and all holdings are reported by other reporting
manager(s))

/   /  13F COMBINATION REPORT.  (Check here if a portion of the
holdings for this reporting manager are reported in this report
and a portion are reported by other reporting manager(s))
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                      FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:  0

Form 13F Information Table Entry Total:     58

Form 13F Information Table Value Total (x$1000):    122,164

List of Other Included Managers:    None

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<TABLE>
FORM 13F INFORMATION TABLE

<CAPTION>

                             Title of               Value    Shares/   Sh/  Put  Invstmt  Other
Name of Issuer                 class    CUSIP     (x$1000)   Prn Amt   Prn  Call  Dscret Manager   Sole  Shared  None
<S>                           <C>     <C>           <C>      <C>        <C>        <C>           <C>

ACCRUE SOFTWARE INC COM       Common  00437W102      2290     50000     SH         Sole           50000
ADELPHIA COMMUNICATIONS       Common  006848105       870     20000     SH         Sole           20000
AMDOCS LTD ORD                Common  G02602103      1258     17000     SH         Sole           17000
AMERICA ONLINE INC DEL COM    Common  02364J104      1012     15000     SH         Sole           15000
APPLIED MICROSYSTEMS COM      Common  037935103      1562    100000     SH         Sole          100000
Abbott Laboratories           Common  002824100       880     25000     SH         Sole           25000
CBS                           Common  12490K107      1302     23000     SH         Sole           23000
CENTRA SOFTWARE INC COM       Common  15234X103      1050     50000     SH         Sole           50000
CFI PROSERVICES INC COM       Common  12525N100       136     20000     SH         Sole           20000
CHARTER COMMUNCTNS DEL CL A   Common  16117M107       559     39000     SH         Sole           39000
CHORDIANT SOFTWARE INC COM    Common  170404107       975     60000     SH         Sole           60000
COMPUTER SCIENCES CORP COM    Common  205363104      1582     20000     SH         Sole           20000
Cisco Systems                 Common  17275R102      3092     40000     SH         Sole           40000
DAOU SYS INC COM              Common  237015102       420    120000     SH         Sole          120000
DELANO TECHNOLOGY CORP COM    Common  245701107      1122     50000     SH         Sole           50000
DELL COMPUTER CORP COM        Common  247025109      1133     21000     SH         Sole           21000
EGREETINGS NETWORK INC COM    Common  282343102      1024    180000     SH         Sole          180000
EXTREME NETWORKS              Common  30226D106      1580     20000     SH         Sole           20000
Enron                         Common  293561106      4867     65000     SH         Sole           65000
FIRST DATA CORP COM           Common  319963104      1109     25000     SH         Sole           25000
FIRSTAR CORP NEW WIS COM      Common  33763V109      1147     50000     SH         Sole           50000
GOLDMAN SACHS GROUP COM       Common  38141G104      1789     17000     SH         Sole           17000
Gillette                      Common  375766102       791     21000     SH         Sole           21000
HOMESTORE COM INC COM         Common  437852106      1048     21500     SH         Sole           21500
IMANAGE INC COM               Common  45245Y105      1694    100000     SH         Sole          100000
IMMERSION CORP COM            Common  452521107       762     12700     SH         Sole           12700
INTEGRATED INFORMATION COM    Common  45817B103      1090     50000     SH         Sole           50000
INTERSIL HLDG CORP CL A       Common  46069S109       517     10000     SH         Sole           10000
IPRINT COM INC COM            Common  462628108      1925    100000     SH         Sole          100000
International Business        Common  459200101      1888     16000     SH         Sole           16000
  Machine
MERCK & CO INC COM            Common  589331107       932     15000     SH         Sole           15000
MESSAGEMEDIA INC COM          Common  590787107       634     50000     SH         Sole           50000
NETSOLVE INC COM              Common  64115J106      1290     40000     SH         Sole           40000
Netro Corp                    Common  64114R109     17280    265786     SH         Sole          265786
ONDISPLAY INC COM             Common  68232L100      2479     30000     SH         Sole           30000
PACKETEER INC COM             Common  695210104       787     22500     SH         Sole           22500
PATIENT INFOSYSTEMS COM       Common  702915109        19     10000     SH         Sole           10000
PEPSICO INC COM               Common  713448108       976     28000     SH         Sole           28000
PETROMIN RES LTD COM          Common  71646E100       822     50000     SH         Sole           50000
PFSWEB INC COM                Common  717098107       240     15000     SH         Sole           15000
PLANETRX COM INC COM          Common  727049108       540     67500     SH         Sole           67500
PREVIEW SYS INC COM           Common  741379101      2366     50000     SH         Sole           50000
PRIME RESPONSE INC COM        Common  74158B100       305     20000     SH         Sole           20000
Peoplesoft                    Common  712713106      3300    165000     SH         Sole          165000
Project Software              Common  74339P101       565     10000     SH         Sole           10000
Providan Financial Grp        Common  74406A102      1083     12500     SH         Sole           12500
QUANTUM EFFECT DEVICES COM    Common  74764T107       398      5000     SH         Sole            5000
QUEST SOFTWARE INC COM        Common  74834T103      2819     25000     SH         Sole           25000
QWEST COMMUNICATIONS COM      Common  749121109      1680     35000     SH         Sole           35000
SILVERSTREAM SOFTWARE COM     Common  827907106       739     10000     SH         Sole           10000
Safeway                       Common  786514208      1041     23000     SH         Sole           23000
TURNSTONE SYSTEMS INC COM     Common  900423104      1265     11000     SH         Sole           11000
Trintech Group Limited        Common  896682101     12220    313334     SH         Sole          313334
VENTRO CORP COM               Common  922815105       566     10000     SH         Sole           10000
VERSATA INC COM               Common  925298101     25570    424845     SH         Sole          424845
WILLIAMS COS INC DEL COM      Common  969457100      1318     30000     SH         Sole           30000
WITNESS SYS INC COM           Common  977424100       456     15000     SH         Sole           15000
</TABLE>



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