UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Bailard, Biehl & Kaiser, Inc.
Address: 950 Tower Lane, Suite 1900
Foster City, CA 944044
13F File Number: 28-1707__
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:
Name: Burnice E. Sparks, Jr.
Title: President____
Phone: 650-571-5800_
Signature, Place, and Date of Signing:
_______________ ________________ ________________
Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
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:
Form 13F Information Table Entry Total: 88
Form 13F Information Table Value Total: $420,673
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE> <C> <C> <C> <C> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTORITY
NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- --------
AMR CORP COM 001765106 8738 128025 SH SOLE 128025
AT&T CORP COM 001957109 11843 212193 SH SOLE 212193
AETNA INC COM 008117103 2920 32650 SH SOLE 32650
ALZA CORPORATION COM 022615108 4294 84400 SH SOLE 84400
AMERICA ONLINE INC COM 02364J104 234 2125 SH SOLE 2125
AMERICAN EXPRESS CO COM 025816109 242 1860 SH SOLE 1860
AMERICAN HOME PRODUCTS CORP COM 026609107 12060 210200 SH SOLE 210200
AMERICAN INTL GROUP INC COM 026874107 3145 26825 SH SOLE 26825
APPLIED MATERIALS INC COM 038222105 340 4600 SH SOLE 4600
AT HOME CORPORATION COM 045919107 220 4084 SH SOLE 4084
AVON PRODS INC COM 054303102 211 3800 SH SOLE 3800
BP AMOCO PLC ADRS COM 055622104 845 7792 SH SOLE 7792
BANK OF AMERICA CORP COM 060505104 6316 86147 SH SOLE 86147
BANK NEW YORK COMPANY COM 064057102 745 20320 SH SOLE 20320
BANK ONE CORP (NEW) COM 06423A103 8635 144971 SH SOLE 144971
BELL ATLANTIC CORP COM 077853109 6917 105810 SH SOLE 105810
BEMIS COMPANY COM 081437105 4775 120125 SH SOLE 120125
BERKSHIRE HATHAWAY INC COM 084670108 345 5 SH SOLE 5
BLACK HILLS CORPORATION COM 092113109 254 10980 SH SOLE 10980
BOSTON SCIENTIFIC CORP COM 101137107 3368 76650 SH SOLE 76650
BRISTOL-MYERS SQUIBB CO COM 110122108 1037 14724 SH SOLE 14724
BROADVISION, INC. COM 111412102 983 13334 SH SOLE 13334
CHASE MANHATTAN CORP COM 16161A108 17395 201099 SH SOLE 201099
CHEVRON CORP COM 166751107 437 4595 SH SOLE 4595
CISCO SYSTEMS INC COM 17275R102 22007 341519 SH SOLE 341519
CITIGROUP INC COM 172967101 459 9668 SH SOLE 9668
COCA-COLA COMPANY COM 191216100 446 7200 SH SOLE 7200
COMMUNICATION INTELLIGENCE (NEW) 20338K106 77 53403 SH SOLE 53403
COMPAQ COMPUTER CORP COM 204493100 3650 154099 SH SOLE 154099
COUNTRYWIDE CREDIT INDS INC COM 222372104 206 4819 SH SOLE 4819
DU PONT (E.I.) DE NEMOURS COM 263534109 6043 88459 SH SOLE 88459
EATON CORPORATION COM 278058102 269 2922 SH SOLE 2922
ENRON CORP COM 293561106 10280 125750 SH SOLE 125750
EXXON CORPORATION COM 302290101 1086 14075 SH SOLE 14075
FEDERAL NATL MTG ASSN COM 313586109 4247 62225 SH SOLE 62225
FOOD LION INC CLASS B COM 344775101 7613 658450 SH SOLE 658450
FORD MOTOR COMPANY COM 345370100 233 4129 SH SOLE 4129
GTE CORP COM 362320103 369 4885 SH SOLE 4885
GENERAL ELECTRIC COMPANY COM 369604103 20654 182775 SH SOLE 182775
P.H. GLATFELTER COMPANY COM 377316104 234 16000 SH SOLE 16000
HEWLETT-PACKARD COMPANY COM 428236103 1242 12357 SH SOLE 12357
INTEL CORPORATION COM 458140100 14609 245527 SH SOLE 245527
INTERNATIONAL BUSINESS MACHINE COM 459200101 12954 100222 SH SOLE 100222
JOHNSON & JOHNSON COM 478160104 13292 135629 SH SOLE 135629
KIMBERLY CLARK COM 494368103 5408 94883 SH SOLE 94883
LEAR CORP COM 521865105 6153 123670 SH SOLE 123670
LOWES CO INC COM 548661107 7392 130400 SH SOLE 130400
MCI WORLDCOM INC COM 55268B106 6127 71192 SH SOLE 71192
MAXIM INTEGRATED PRODUCTS COM 57772K101 211 3175 SH SOLE 3175
MERCK & COMPANY INCORPORATED COM 589331107 6219 84465 SH SOLE 84465
MICROSOFT CORP COM 594918104 22917 254105 SH SOLE 254105
MINNESOTA MINING & MFG CO COM 604059105 588 6760 SH SOLE 6760
MOBIL CORPORATION COM 607059102 10977 111158 SH SOLE 111158
MOTOROLA INC COM 620076109 431 4550 SH SOLE 4550
NEWELL RUBBERMAID INC COM 651229106 5314 114596 SH SOLE 114596
NUCOR CORPORATION COM 670346105 4131 87087 SH SOLE 87087
OPTICAL COATING LAB COM 683829105 211 2527 SH SOLE 2527
PECO ENERGY CO COM 693304107 1805 43107 SH SOLE 43107
PACIFIC CAPITAL BANCORP COM 69404P101 1426 45271 SH SOLE 45271
PEPSICO INCORPORATED COM 713448108 12599 325666 SH SOLE 325666
PERICOM SEMICONDUCTOR CORP. COM 713831105 113 10000 SH SOLE 10000
PFIZER INC COM 717081103 409 3752 SH SOLE 3752
PROCTER AND GAMBLE COMPANY COM 742718109 1108 12411 SH SOLE 12411
QUALCOMM INC COM 747525103 359 2500 SH SOLE 2500
QUANTUM CORP COM 747906105 3094 128250 SH SOLE 128250
RELIASTAR FINANCIAL CORP COM 75952U103 4690 107200 SH SOLE 107200
ROYAL DUTCH PETROLEUM CO COM 780257804 10690 177430 SH SOLE 177430
S & P 500 STOCK INDEX PUT @ 1300 EXP783790IQT 248 75 SH PUT SOLE 75
SBC COMMUNICATIONS INC COM 78387G103 206 3556 SH SOLE 3556
SCHERING PLOUGH CORP COM 806605101 230 4390 SH SOLE 4390
SEARS ROEBUCK & COMPANY INC COM 812387108 4267 95760 SH SOLE 95760
SOUTHERN COMPANY COM 842587107 2825 106611 SH SOLE 106611
SPRINT CORP COM 852061100 7319 138096 SH SOLE 138096
SUN MICROSYSTEMS INC COM 866810104 527 7650 SH SOLE 7650
SYSCO CORP COM 871829107 11903 399260 SH SOLE 399260
TEXAS UTILITIES COMPANY COM 882848104 1467 35400 SH SOLE 35400
TYCO INTL LTD (NEW) COM 902124106 11619 122626 SH SOLE 122626
UNILEVER NV NY SHS NEW COM 904784709 4577 65616 SH SOLE 65616
UNITED TECHNOLOGIES CORP COM 913017109 6314 87700 SH SOLE 87700
VALERO ENERGY CORP (NEW) COM 91913Y100 3215 149950 SH SOLE 149950
VANGUARD MUNI SHORT TERM #41 FUND 922907100 950 61250 SH SOLE 61250
VODAFONE GROUP ADR COM 92857T107 237 1157 SH SOLE 1157
WAL MART STORES INC COM 931142103 7941 164590 SH SOLE 164590
WARNER LAMBERT CO COM 934488107 327 4730 SH SOLE 4730
WASHINGTON MUTUAL INC. COM 939322103 5695 160154 SH SOLE 160154
WELLS FARGO & CO (NEW) COM 949746101 779 18218 SH SOLE 18218
XEROX CORP COM 984121103 18723 317000 SH SOLE 317000
ACE LTD COM G0070K103 2663 94273 SH SOLE 94273
</TABLE>
