UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Dec.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: Hathaway & Associates, Ltd.
Address: 119 Rowayton Avenue
Rowayton, CT 06853
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 that it is understood that all required items,
statements, schedules, list, and tables, are considered
integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Carl E. Hathaway
Title: President
Phone: 203 838-5309
Signature, Place and Date of Signing: Carl E. Hathaway,
Rowayton, Ct. 1/15/00
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
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 163
Form 13F Information Table Value Total: $326,488,652
<TABLE> <C> <C>
FORM 13F
INFORMATION
TABLE
COMPANY TITLE OF CUSIP VALUE SHARES SH/PRN
CLASS
ACSYS INC COMMON 00087X103 $180,563 107,000 SH
STOCK
ABIOMED COMMON 003654100 $7,350,000 200,000 SH
STOCK
ACCENT COLOR SCIENCES COMMON 004305108 $32,800 80,000 SH
STOCK
ACCESS WORLDWIDE COMMON 004319109 $510,625 215,000 SH
STOCK
ADAPTIVE BROADBAND COMMON 0650M104 $4,428,750 60,000 SH
STOCK
ADVANCED DIGITAL INFO COMMON 007525108 $17,018,750 350,000 SH
STOCK
ALLIANCE COMMON 018773101 $516,250 70,000 SH
PHARMACEUTICAL STOCK
AMERICA SERVICE GROUP COMMON 02364L109 $2,274,000 151,600 SH
STOCK
AMERICAN COIN MERCH COMMON 02516B100 $747,175 271,700 SH
INC STOCK
ANIKA THERAPEUTICS COMMON 035255108 $706,250 100,000 SH
INC STOCK
ANSWER THINK COMMON 036000100 $2,888,988 84,350 SH
STOCK
APPLIED SCI & TECH COMMON 038236105 $1,402,491 42,200 SH
STOCK
AQUILA COMMON 03839F107 $76,344 32,145 SH
BIOPHARMACEUTICALS STOCK
ARRYTHMEA RESEARCH COMMON 042698308 $177,613 109,300 SH
STOCK
ASANTE TECHNOLOGIES COMMON 043412105 $753,302 415,500 SH
STOCK
@PLAN COMMON 04962Q100 $1,278,813 129,500 SH
STOCK
AUSPEX COMMON 052116100 $2,203,750 215,000 SH
STOCK
AUTOIMMUNE INC COMMON 052776101 $101,405 124,806 SH
STOCK
AVIATION SALES COMMON 053672101 $1,823,250 110,500 SH
COMPANY STOCK
BIG BUCK BREWERY WARRANTS 089072110 $12,500 200,000 SH
Warrants
BIOJECT INC COMMON 09059T107 $390,000 48,000 SH
STOCK
BLUE WAVE SYSTEMS COMMON 096081104 $1,665,000 180,000 SH
STOCK
CALYPTE BIOMEDICAL COMMON 131722100 $847,266 602,500 SH
STOCK
CAMBIO COMMON 13200N100 $103,766 221,250 SH
STOCK
CARDIAC SCIENCES INC COMMON 141410209 $298,362 62,813 SH
STOCK
CASTLE DENTAL COMMON 14844P105 $900,000 300,000 SH
STOCK
CENTRAL EUROPEAN COMMON 153435102 $865,000 173,000 SH
DISTRIB STOCK
CERPLEX GROUP COMMON 156913501 $62,607 55,650 SH
STOCK
CHICOS COMMON 168615102 $3,010,000 80,000 SH
STOCK
COLLECTORS UNIVERSE COMMON 19421R101 $2,500,000 400,000 SH
STOCK
COLORADO MEDTECH COMMON 19652U104 $2,800,000 350,000 SH
STOCK
COULTER COMMON 222116105 $1,815,000 80,000 SH
PHARMACEUTICALS STOCK
CYBEX COMPUTER COMMON 235522102 $9,922,500 245,000 SH
PRODUCTS STOCK
DIGIMARC COMMON 253807101 $1,000,000 20,000 SH
STOCK
DIGITAL LAVA COMMON 253928105 $1,820,000 260,000 SH
STOCK
DIGITAL LAVA WARRANTS WARRANTS 253928113 $122,719 56,100 SH
DOT HILL COMMON 25848T109 $439,438 89,000 SH
STOCK
DYNAMEX COMMON 26784F103 $656,250 300,000 SH
STOCK
EA ENGR SCIENCE & COMMON 267911105 $283,516 238,750 SH
TECH STOCK
DYNAMIC HEALTHCARE COMMON 267927101 $357,500 220,000 SH
TECH STOCK
ECCS COMMON 26825H100 $2,872,188 227,500 SH
STOCK
EPL TECHNOLOGIES COMMON 268920204 $435,938 450,000 SH
STOCK
EATERIES INC COMMON 277851100 $488,750 170,000 SH
STOCK
ECO SOIL SYSTEMS COMMON 278858100 $819,375 190,000 SH
STOCK
EDGAR ONLINE COMMON 279765101 $2,212,500 300,000 SH
STOCK
ENDOCARE COMMON 29264P104 $3,164,063 375,000 SH
STOCK
ENOCARDIAL SOLUTIONS COMMON 292962107 $1,229,375 140,500 SH
STOCK
ENTREMED COMMON 29382F103 $2,562,500 100,000 SH
STOCK
EVANS & SUTHERLAND COMMON 299096107 $425,818 37,230 SH
COMP STOCK
FASHIONMALL.COM COMMON 31186K106 $1,331,250 300,000 SH
STOCK
FLANDERS CORP COMMON 338494107 $562,500 225,000 SH
STOCK
FOURTH SHIFT CORP COMMON 351128103 $4,821,563 695,000 SH
STOCK
FRIES ENTMT INC DEL COMMON 358616100 $0 304,600 SH
STOCK
GSE SYSTEMS COMMON 36227K106 $1,139,375 364,600 SH
STOCK
GSI LUMONICS COMMON 36229U102 $2,357,250 269,400 SH
STOCK
GAIAM COMMON 36268Q103 $1,190,625 75,000 SH
STOCK
GENELABS TECHNOLOGIES COMMON 368706107 $3,703,700 673,400 SH
STOCK
GENOME THERAPEUTICS COMMON 372430108 $3,547,500 220,000 SH
STOCK
GREEN MOUNTAIN COFFEE COMMON 393122106 $1,968,750 250,000 SH
STOCK
HARRIS INTERACTIVE COMMON 414549105 $1,045,000 80,000 SH
STOCK
HAWAII LAND & FARMING COMMON 41975N104 $28,125 112,500 SH
STOCK
HORIZON HEALTH CORP COMMON 44041Y100 $1,538,644 215,950 SH
STOCK
HOTELWORKS.COM COMMON 441473105 $3,000,000 600,000 SH
STOCK
ICN PHARMACEUTICALS COMMON 448924100 $8,682,188 343,000 SH
INC STOCK
ICU MEDICAL COMMON 44930G107 $1,372,500 90,000 SH
STOCK
ITI TECHNOLOGIES COMMON 450564109 $2,100,000 70,000 SH
STOCK
INFINIUM SOFTWARE COMMON 45662Y100 $2,214,063 325,000 SH
STOCK
INFONAUTICS COMMON 456662105 $845,040 120,720 SH
STOCK
INFORMATION RECOURCE COMMON 45675F303 $1,445,250 70,500 SH
ENG STOCK
INTEGRAMED COMMON 45810N104 $590,625 175,000 SH
STOCK
INTERLEUKEN GENETICS COMMON 458738101 $5,596,875 900,000 SH
STOCK
INTERNATIONAL COMMON 45950T101 $1,102,500 140,000 SH
FIBERCOM STOCK
INTERNATIONAL COMMON 45972C102 $1,111,000 202,000 SH
ISOTOPES STOCK
INVESTMENT TECH GROUP COMMON 46145F105 $5,865,000 204,000 SH
STOCK
INVIVO COMMON 461858102 $1,818,750 150,000 SH
STOCK
ISOCOR COMMON 464902105 $11,353,500 261,000 SH
STOCK
KENDLE INTERNATIONAL COMMON 48880L107 $1,431,875 145,000 SH
STOCK
KENSEY NASH COMMON 490057106 $1,579,375 133,000 SH
STOCK
KOALA CORP COMMON 499866101 $2,800,000 200,000 SH
STOCK
KOS PHARMACEUTICALS COMMON 500648100 $956,250 170,000 SH
STOCK
LMI AEROSPACE COMMON 502079106 $480,000 160,000 SH
STOCK
LANDMARK SYSTEMS CORP COMMON 51506S100 $2,087,500 200,000 SH
STOCK
LEVEL 8 SYSTEMS COMMON 52729M102 $2,571,450 74,400 SH
STOCK
LINCOLN SNACKS COMMON 534744107 $125,000 200,000 SH
COMPANY STOCK
LODGENET COMMON 540211109 $5,373,000 216,000 SH
ENTERTAINMENT STOCK
LOG ON AMERICA COMMON 540473105 $1,334,475 65,900 SH
STOCK
MACKIE DESIGNS COMMON 554541102 $325,500 62,000 SH
STOCK
MADE2MANAGE SYSTEMS COMMON 556466100 $1,520,000 190,000 SH
INC STOCK
MCK COMMUNICATIONS COMMON 581243102 $1,912,500 85,000 SH
STOCK
MEDAREX COMMON 583916101 $9,871,250 265,000 SH
STOCK
MED DESIGN COMMON 583926100 $7,312,500 500,000 SH
STOCK
MEDSTONE COMMON 58505C101 $2,090,000 440,000 SH
INTERNATIONAL STOCK
METROCALL COMMON 591647102 $506,250 300,000 SH
STOCK
METROLOGIC COMMON 591676101 $945,000 70,000 SH
STOCK
MICROLOG COMMON 595079104 $466,250 373,000 SH
STOCK
MIKHON GAMING CORP COMMON 59862K108 $2,716,250 530,000 SH
STOCK
MUSICMAKER.COM COMMON 62757C108 $528,163 89,900 SH
STOCK
NMT MEDICAL COMMON 629294109 $671,313 233,500 SH
STOCK
NEOPROBE COMMON 640518106 $292,584 668,000 SH
STOCK
NEORX COMMON 640520300 $1,564,063 385,000 SH
STOCK
NET CREATIONS COMMON 64110N102 $660,000 15,000 SH
STOCK
NETGATEWAY COMMON 641111109 $1,800,000 200,000 SH
STOCK
NETRIX COMMON 641148101 $1,269,688 85,000 SH
STOCK
NETRADIO.COM COMMON 64114E108 $503,250 61,000 SH
STOCK
NETZEE COMMON 641220108 $448,875 27,000 SH
STOCK
NEUROBIOLOGICAL TECH COMMON 64124W106 $589,780 185,000 SH
STOCK
NEXTHEALTH INC COMMON 65333G105 $312,500 200,000 SH
STOCK
NORTHSTAR HEALTH SVCS COMMON 666903109 $56,000 200,000 SH
STOCK
NOVEN PHARMACEUTICAL COMMON 670009109 $1,812,500 100,000 SH
STOCK
OSI SYSTEMS COMMON 671044105 $715,000 130,000 SH
STOCK
OMNI NUTRACEUTICALS COMMON 68212M102 $596,250 530,000 SH
STOCK
ONSITE ENERGY COMMON 68284P108 $6,000 40,000 SH
STOCK
OPTIMAL ROBOTICS COMMON 68388R208 $8,008,750 215,000 SH
STOCK
OPTIKA IMAGING COMMON 683973101 $4,174,281 299,500 SH
SYSTEMS STOCK
ORGANOGENESIS COMMON 685906109 $1,172,813 135,000 SH
STOCK
PHYSIOMETRIX INC COMMON 718928104 $977,320 265,000 SH
STOCK
PHOTOELECTRON COMMON 719320103 $220,000 88,000 SH
STOCK
PIERCING PAGODA COMMON 720773103 $4,537,500 300,000 SH
STOCK
PLAY BY PLAY TOYS COMMON 72811K103 $135,000 80,000 SH
STOCK
PRINTRAK COMMON 742574106 $1,950,000 200,000 SH
STOCK
PROGRAMMER'S PARADISE COMMON 743205106 $1,448,750 190,000 SH
STOCK
QUADRAMED COMMON 74730W101 $1,634,766 187,500 SH
STOCK
QUEPASA.COM COMMON 74833W107 $3,298,750 260,000 SH
STOCK
QUEST EDUCATION CORP COMMON 74835F102 $3,500,000 400,000 SH
STOCK
QUICKSILVER INC COMMON 74838C106 $5,031,300 324,600 SH
STOCK
RADIANT SYSTEMS COMMON 75025N102 $5,224,375 130,000 SH
STOCK
RAINBOW RENTALS COMMON 750857104 $2,875,000 400,000 SH
STOCK
RAYTEL MEDICAL COMMON 755107109 $1,323,000 432,000 SH
STOCK
RIDELL SPORTS INC COMMON 765670104 $438,281 127,500 SH
STOCK
ROCKY SHOES & BOOTS COMMON 774830103 $762,500 100,000 SH
INC STOCK
SCB COMPUTER SYSTEMS COMMON 78388N107 $937,500 300,000 SH
INC STOCK
SEEC INC COMMON 784110108 $2,240,313 335,000 SH
STOCK
SOS STAFFING SERVICES COMMON 78462X104 $1,612,188 368,500 SH
STOCK
SAFETY COMPONENTS COMMON 786474106 $85,313 97,500 SH
INT'L STOCK
SATCON TECHNOLOGY COMMON 803893106 $1,126,406 135,000 SH
STOCK
SECURE COMPUTING INC COMMON 813705100 $1,273,838 101,400 SH
STOCK
SEMX CORP COMMON 816854103 $669,375 90,000 SH
STOCK
SIGA PHARMACEUTICAL COMMON 826917106 $438,750 270,000 SH
STOCK
SOFTWORKS COMMON 83404P102 $2,915,625 300,000 SH
STOCK
STRATESEC COMMON 862792108 $168,906 117,500 SH
STOCK
SURMODICS COMMON 868873100 $3,000,000 100,000 SH
STOCK
SYNBIOTICS CORP COMMON 871566105 $625,625 260,000 SH
STOCK
SYSTEMS & COMPUTER COMMON 871873105 $21,710,000 1,336,00 SH
TECHN STOCK 0
TAKE-TWO INTERACTIVE COMMON 874054100 $1,940,625 150,000 SH
STOCK
THREE D O COMMON 88553W105 $1,136,719 125,000 SH
STOCK
TRANSACT TECHNOLOGIES COMMON 892918103 $1,134,375 150,000 SH
STOCK
TREX COMPANY COMMON 89531P105 $2,327,250 87,000 SH
STOCK
TRIMERIS COMMON 896263100 $1,181,250 50,000 SH
STOCK
TRUE TIME COMMON 897868105 $1,050,000 150,000 SH
STOCK
TUMBLEWEED COMMON 899690101 $4,237,500 50,000 SH
STOCK
UNIVERSAL STD COMMON 913839106 $12,000 400,000 SH
HEALTHCARE STOCK
UROGEN COMMON 917271900 $225,000 375,000 SH
STOCK
VIISAGE COMMON 92675K106 $713,531 88,500 SH
STOCK
VISION TWENTY-ONE INC COMMON 92831N101 $825,000 300,000 SH
STOCK
WPI GROUP INC COMMON 92930K107 $858,244 352,100 SH
STOCK
WATERLINK COMMON 94155N105 $1,260,500 504,200 SH
STOCK
WELCOME HOME COMMON 949116206 $162,774 86,813 SH
STOCK
WEST COAST COMMON 952182100 $121,975 717,500 SH
ENTERTAINMENT STOCK
WILLIAMS CONTROLS COMMON 969465103 $1,119,581 504,600 SH
STOCK
WOMEN'S FIRST COMMON 978150100 $1,155,000 220,000 SH
HEALTHCARE STOCK
ZEBRA TECHNOLOGIES COMMON 989207105 $4,773,600 81,600 SH
STOCK
ZIPLINK COMMON 989741103 $1,196,250 95,700 SH
STOCK
ZYMETX COMMON 989859103 $426,250 220,000 SH
STOCK
REPORT TOTALS 163 ITEMS $326,488,65
2
<1 /table>
</TABLE>
