CAYWOOD-SCHOLL CAPITAL MANAGEMENT LLC
13F-NT, 2000-05-15
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                                  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:  Caywood - Scholl Capital Management, LLC
Address: 4350 Executive Drive, Suite 125, San Diego, CA 92121

Form 13 F File Number:   28-

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the 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:   Luke D. Knecht
Title:   Chairman
Phone: (415) 954-5459

Signature, Place, and Date of Signing:

/S/ LUKE D. KNECHT          SAN FRANCISCO, CA           MAY 15, 2000
- --------------------------  --------------------------  ------------------------
 [Signature]                 [City, State]               [Date}

Report Type (Check only one.):

/ /   13F HOLDINGS REPORT. (Check here if all holding of this reporting manager
      are reported in this report.)

/X/   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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List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]

Form 13F File Number                       Name

28-223                                     Dresdner RCM Global Investors LLC



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