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, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 75
Form 13F Information Table Value Total: $372,817
List of Other Included Managers:
No. 13F File Number Name
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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 7635 130375 SH
SOLE 130375
AT&T CORP COM 001957109 11071 138714 SH
SOLE 138714
AIRTOUCH COMMUNICATIONS INC COM 00949T100 224 2315 SH
SOLE 2315
ALZA CORPORATION COM 022615108 3141 82125 SH
SOLE 82125
AMERICAN EXPRESS CO COM 025816109 219 1860 SH
SOLE 1860
AMERICAN HOME PRODUCTS CORP COM 026609107 13544 207575 SH
SOLE 207575
APPLIED MATERIALS INC COM 038222105 241 3900 SH
SOLE 3900
AT HOME CORPORATION COM 045919107 705 4475 SH
SOLE 4475
BP AMOCO PLC ADRS COM 055622104 754 7463 SH
SOLE 7463
BANK NEW YORK COMPANY COM 064057102 802 22320 SH
SOLE 22320
BANK ONE CORP (NEW) COM 06423A103 7820 142015 SH
SOLE 142015
BANKAMERICA CORP (NEW) COM 06605F102 5831 82562 SH
SOLE 82562
BAXTER INTERNATIONAL INC COM 071813109 206 3120 SH
SOLE 3120
BELL ATLANTIC CORP COM 077853109 5332 103150 SH
SOLE 103150
BEMIS COMPANY COM 081437105 3654 117625 SH
SOLE 117625
BERKSHIRE HATHAWAY INC COM 084670108 357 5 SH
SOLE 5
BLACK HILLS CORPORATION COM 092113109 234 10980 SH
SOLE 10980
BOSTON SCIENTIFIC CORP COM 101137107 2968 73050 SH
SOLE 73050
BRISTOL-MYERS SQUIBB CO COM 110122108 934 14564 SH
SOLE 14564
BROADVISION, INC. COM 111412102 871 14584 SH
SOLE 14584
CHASE MANHATTAN CORP COM 16161A108 16338 200779 SH
SOLE 200779
CHEVRON CORP COM 166751107 403 4545 SH
SOLE 4545
CIDCO INC. COM 171768104 67 15000 SH
SOLE 15000
CISCO SYSTEMS INC COM 17275R102 18472 168600 SH
SOLE 168600
CITIGROUP INC COM 172967101 390 6112 SH
SOLE 6112
COCA-COLA COMPANY COM 191216100 442 7200 SH
SOLE 7200
COMMUNICATION INTELLIGENCE (NEW) 20338K106 103 53403 SH
SOLE 53403
DU PONT (E.I.) DE NEMOURS COM 263534109 4953 85309 SH
SOLE 85309
EATON CORPORATION COM 278058102 245 3422 SH
SOLE 3422
ENRON CORP COM 293561106 7941 123600 SH
SOLE 123600
EXCITE, INC. COM 300904109 252 1797 SH
SOLE 1797
EXXON CORPORATION COM 302290101 965 13675 SH
SOLE 13675
FEDERAL NATL MTG ASSN COM 313586109 4288 61925 SH
SOLE 61925
FOOD LION INC CLASS B COM 344775101 5992 665800 SH
SOLE 665800
FORD MOTOR COMPANY COM 345370100 223 3929 SH
SOLE 3929
GTE CORP COM 362320103 296 4885 SH
SOLE 4885
GENERAL ELECTRIC COMPANY COM 369604103 19849 179425 SH
SOLE 179425
HEWLETT-PACKARD COMPANY COM 428236103 801 11807 SH
SOLE 11807
INTEL CORPORATION COM 458140100 14560 122480 SH
SOLE 122480
INTERNATIONAL BUSINESS MACHINE COM 459200101 8374 47246 SH
SOLE 47246
JOHNSON & JOHNSON COM 478160104 12903 137999 SH
SOLE 137999
KIMBERLY CLARK COM 494368103 4419 92183 SH
SOLE 92183
LEAR CORP COM 521865105 5162 120920 SH
SOLE 120920
LILLY ELI & COMPANY COM 532457108 218 2567 SH
SOLE 2567
LOWES CO INC COM 548661107 7883 130300 SH
SOLE 130300
MERCK & COMPANY INCORPORATED COM 589331107 6822 85140 SH
SOLE 85140
MICROSOFT CORP COM 594918104 22856 255014 SH
SOLE 255014
MINNESOTA MINING & MFG CO COM 604059105 501 7078 SH
SOLE 7078
MOBIL CORPORATION COM 607059102 11793 134008 SH
SOLE 134008
MOTOROLA INC COM 620076109 330 4500 SH
SOLE 4500
NEWELL RUBBERMAID INC COM 651229106 5243 110381 SH
SOLE 110381
NUCOR CORPORATION COM 670346105 4005 90887 SH
SOLE 90887
OCWEN FINANCIAL CORP. COM 675746101 643 73000 SH
SOLE 73000
PECO ENERGY CO COM 693304107 1827 39507 SH
SOLE 39507
PACIFIC CAPITAL BANCORP COM 69404P101 1044 45271 SH
SOLE 45271
PEPSICO INCORPORATED COM 713448108 12599 321516 SH
SOLE 321516
PFIZER INC COM 717081103 479 3452 SH
SOLE 3452
PHILIP MORRIS COMPANIES INC COM 718154107 274 7788 SH
SOLE 7788
PROCTER AND GAMBLE COMPANY COM 742718109 1216 12411 SH
SOLE 12411
QWEST COMMUNICATIONS INTL INC COM 749121109 5344 74122 SH
SOLE 74122
RELIASTAR FINANCIAL CORP COM 75952U103 4757 111600 SH
SOLE 111600
ROYAL DUTCH PETROLEUM CO COM 780257804 9047 173980 SH
SOLE 173980
SEARS ROEBUCK & COMPANY INC COM 812387108 4297 95088 SH
SOLE 95088
SOUTHERN COMPANY COM 842587107 2461 105561 SH
SOLE 105561
SPRINT CORP COM 852061100 6687 68148 SH
SOLE 68148
SUN MICROSYSTEMS INC COM 866810104 231 1850 SH
SOLE 1850
SYSCO CORP COM 871829107 10683 406010 SH
SOLE 406010
TEXAS UTILITIES COMPANY COM 882848104 1430 34050 SH
SOLE 34050
TYCO INTL LTD (NEW) COM 902124106 8641 120426 SH
SOLE 120426
UNILEVER N V NEW YORK SHRS COM 904784501 4806 72340 SH
SOLE 72340
UNITED TECHNOLOGIES CORP COM 913017109 8644 63825 SH
SOLE 63825
VALERO ENERGY CORP (NEW) COM 91913Y100 3418 137400 SH
SOLE 137400
WAL MART STORES INC COM 931142103 7439 80695 SH
SOLE 80695
WASHINGTON MUTUAL INC. COM 939322103 6564 160591 SH
SOLE 160591
XEROX CORP COM 984121103 16654 319500 SH
SOLE 319500
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