[TEXT] UNITED STATES SECURITIES EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F-HR
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Institutional Investment Manager Filing this Report:
Name: Gintel Asset Management, Inc.
6 Greenwich Office Park
Greenwich, CT 06831
13F 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 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: Stephen G. Stavrides
Title: President
Phone: 203-622-6400
Signature, Place, and Date of Signing
Stephen G. Stavrides Greenwich, Connecticut May 14, 1999
Report Type (Check only one.):
[ X ] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION.
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: 0
Form 13F Information Table Entry Total: 52
Form 13F Information Table Value Total: 184019
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERICAN ITALIAN PASTA CL A COM 027070101 875 35000 SH SOLE 35000
APRIA HEALTHCARE GROUP COM COM 037933108 742 62500 SH SOLE 62500
ARROW ELECTRS INC COM COM 042735100 300 20000 SH SOLE 20000
ATLANTIC RICHFIELD CO COM COM 048825103 439 6000 SH SOLE 6000
BELL & HOWELL COM 077852101 621 21200 SH SOLE 10000 11200
BRISTOL-MYERS SQUIBB COM 110122108 224 3500 SH SOLE 3500
C-CUBE MICROSYSTEMS COM 125015107 6499 328000 SH SOLE 300000 28000
CAPSTEAD MRTG CORP COM 14067E100 625 116350 SH SOLE 100000 16350
CARDINAL HEALTH INC COM COM 14149Y108 417 6311 SH SOLE 6311
CHART INDUSTRIES COM 16115Q100 5025 765773 SH SOLE 735000 30773
CHARTER ONE FINL INC COM COM 160903100 4214 146006 SH SOLE 78750 67256
CHECKFREE HOLDINGS CORP COM 162816102 82119 1929380 SH SOLE 1750000 179380
CHECKPOINT SYS INC COM 162825103 10690 1286075 SH SOLE 1200000 86075
CONCORD EFS INC COM COM 206197105 232 8400 SH SOLE 8400
CONSECO COM 208464107 3021 97855 SH SOLE 97855
DUFF & PHELPS SELECT UTIL COM 264324104 150 14000 SH SOLE 14000
EDIFY CORP COM 280599101 3089 568000 SH SOLE 525000 43000
ENERGY RESEARCH CORP COM 29271E100 601 65000 SH SOLE 65000
FORTUNE BRANDS COM 349631101 1161 30000 SH SOLE 30000
FRONTIER CORP COM 35906P105 259 5000 SH SOLE 5000
GLOBAL CROSSING LTD COM COM g3921a100 277 6000 SH SOLE 6000
HOME DEPOT COM 437076102 330 5300 SH SOLE 5300
HORIZON PHARMACY COM 439902107 330 60000 SH SOLE 60000
HYPERION TELECOMN INC CL A COM 44914K306 1142 94200 SH SOLE 94200
IMAX CORP COM 45245E109 4189 214800 SH SOLE 210000 4800
INT'L BUSINESS MACH COM 459200101 320 1805 SH SOLE 1805
INTIMATE BRANDS INC CL A COM 461156101 301 6250 SH SOLE 6250
LUCENT TECHNOLOGIES COM 549463107 232 2150 SH SOLE 2150
MCI WORLDCOM INC COM 55268b106 2010 22700 SH SOLE 22700
MCKESSON HBOC INC COM COM 58155Q103 2396 36300 SH SOLE 15000 21300
MEDTRONIC INC COM COM 585055106 296 4128 SH SOLE 4128
MERCK & CO COM 589331107 234 2920 SH SOLE 2920
MERCURY GENERAL CORP COM 589400100 22069 632795 SH SOLE 507500 125295
MIDAS GROUP INC COM COM 595626102 1991 59650 SH SOLE 59650
MILESTONE SCIENTIFIC COM COM 59935P100 1331 851500 SH SOLE 825000 26500
MOBIL CORP COM COM 607059102 219 2490 SH SOLE 2490
NATIONAL HEALTH REALTY INC COM 635905102 4147 377034 SH SOLE 377034
NATIONAL HEALTHCARE CORP COM 635906100 4149 518584 SH SOLE 518584
NOBEL LEARNING COMMUNITIES INC COM 654889104 3688 756600 SH SOLE 705000 51600
NORTHLAND CRANBERRIES COM 666499108 145 20000 SH SOLE 20000
OGDEN CORP COM 676346109 4543 188800 SH SOLE 175000 13800
PHOENIX INTL INC COM COM 719078107 97 19999 SH SOLE 19999
POTASH CORP SASK INC COM COM 73755L107 802 15000 SH SOLE 15000
SAFEWAY INC COM NEW COM 786514208 308 6000 SH SOLE 6000
SKYTEL COMMUNICATIONS COM COM 83087Q104 349 21000 SH SOLE 21000
SLI INC COM COM 78442T108 798 38000 SH SOLE 38000
STERLING COMMERCE COM 859205106 3027 98450 SH SOLE 35000 63450
TIME WARNER INC COM COM 887315109 254 3580 SH SOLE 3580
TRUSTMARK CORP COM COM 898402102 378 19200 SH SOLE 19200
UNION PLANTERS CORP COM 908068109 295 6725 SH SOLE 6725
UNOCAL CORP COM COM 915289102 472 12800 SH SOLE 12800
VERTEX COMMUNICATION INC COM 925320103 1594 100000 SH SOLE 100000
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