Form 13F
Form 13F Cover Page
Report for the Quarter Ended: September 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: American Fund Advisors, Inc.
Address: 1415 Kellum Place
Suite 205
Garden City, NY 11530
13F File Number: 801-14138
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: Phyllis Palumbo
Title: Assistant Treasurer
Phone: 516-739-1017
SIgnature, Place, and Date of Signing:
Phyllis A. Palumbo, Garden City, New York October 26, 1999
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: 0
Form 13F Information Table Entry Total: 139
Form 13F Information Table Value Total: 889,466
List of Other Included Managers:
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<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>
ACTIVE SOFTWARE INC. COM 00504E100 7181 300000 SH SOLE 300000
ADVANCED FIBRE COMMUNICATION COM 00754A105 7787 350000 SH SOLE 350000
AEROFLEX INC. COM 007768104 3352 275000 SH SOLE 275000
AGILE SOFTWARE CORP. COM 00846X105 304 4750 SH SOLE 4750
AIRGATE PCS INC. COM 009367103 469 18850 SH SOLE 18850
ALLEGIANCE TELECOM INC. COM 01747T102 4694 89200 SH SOLE 89200
ALLIED SIGNAL COM 019512102 1428 23832 SH SOLE 23832
ALTERA CORP. COM 021441100 13086 301700 SH SOLE 301700
AMERICA ONLINE INC. COM 023645104 37757 363050 SH SOLE 363050
AMR CORP. COM 001765106 294 5392 SH SOLE 5392
ANALOG DEVICES INC. COM 032654105 15416 300800 SH SOLE 300800
APPLIED MATERIALS INC. COM 038222105 14131 181900 SH SOLE 181900
APPLIED SCIENCE & TECHNOLOGY COM 038236105 7734 375000 SH SOLE 375000
ART TECHNOLOGY GROUP INC. COM 04289L107 3806 100000 SH SOLE 100000
ASK JEEVES INC. COM 045174109 1380 40000 SH SOLE 40000
ASM LITHOGRAPHY HLD NV COM N07059111 15129 225600 SH SOLE 225600
AT&T COM 001957109 200 4608 SH SOLE 4608
ATLANTIC RICHFIELD CO. COM 048825103 296 3340 SH SOLE 3340
ATMEL CORP. COM 049513104 10144 300000 SH SOLE 300000
AUBIDLE INC. COM 06069A104 266 25300 SH SOLE 25300
BANK OF NEW YORK INC. COM 064057102 244 7300 SH SOLE 7300
BEA SYSTEMS INC. COM 073325102 8856 250800 SH SOLE 250800
BLACKROCK INVT QUAL. TERM TRUS COM 09247j101 80 10000 SH SOLE 10000
BLUESTONE SOFTWARE COM 09623D102 3085 133410 SH SOLE 133410
BMC SOFTWARE COM 055921100 19336 270200 SH SOLE 270200
CADENCE DESIGN SYSTEMS INC. COM 127387108 4016 303100 SH SOLE 303100
CBT GROUP COM 124853300 7387 300000 SH SOLE 300000
CENDANT CORP. COM 151313103 563 31700 SH SOLE 31700
CHINA TELECOM HK ADR COM 169428109 3091 50000 SH SOLE 50000
CIENA CORP. COM 171779101 14629 400800 SH SOLE 400800
CISCO SYSTEMS, INC. COM 17275R102 31013 452332 SH SOLE 452332
CITIGROUP INC. COM 172967101 2013 45746 SH SOLE 45746
CITRIX SYSTEMS INC. COM 177376100 6194 100000 SH SOLE 100000
COCA-COLA CO. COM 191216100 434 9000 SH SOLE 9000
COMMTOUCH SOFTWARE LTD. COM M25596103 597 40150 SH SOLE 40150
COMPAQ COMPUTER CORP. COM 204493100 6341 276430 SH SOLE 276430
COMPUTER ASSOCIATES INTERNATIO COM 204912109 10177 166150 SH SOLE 166150
COSTCO WHOLESALE CORP. COM 22160Q102 845 11742 SH SOLE 11742
CYPRESS SEMICONDUCTOR CORP. COM 232806909 9701 451200 SH SOLE 451200
DELL COMPUTER CORP. COM 247025109 24239 579700 SH SOLE 579700
DIGITAL LAVA COM 253928105 69 16667 SH SOLE 16667
DISNEY CO., (THE WALT) COM 254687106 522 20090 SH SOLE 20090
DIVERSINET CORP. COM 25536K204 7222 708950 SH SOLE 708950
DUANE READE INC. COM 263578106 656 21780 SH SOLE 21780
EBAY INC. COM 278642103 11285 80000 SH SOLE 80000
ELECTRONICS FOR IMAGING COM 286082102 12867 250300 SH SOLE 250300
ELK ASSOCIATES FUNDING CORP. COM 287166102 96 12000 SH SOLE 12000
EMC CORP. COM 268648102 34411 481700 SH SOLE 481700
EQUANT N.V.-REGISTER COM 294409107 8158 100250 SH SOLE 100250
EXODUS COMMUNICATIONS INC. COM 302088109 18016 250000 SH SOLE 250000
FORTE SOFTWARE, INC. COM 349546101 4279 155600 SH SOLE 155600
FUNDTECH LTD. COM M47095100 4462 200000 SH SOLE 200000
GATEWAY INC. COM 367626108 6666 150000 SH SOLE 150000
GENERAL ELECTRIC CO. COM 369604103 3366 28391 SH SOLE 28391
GILLETTE CO. COM 375766102 431 12713 SH SOLE 12713
GLOBAL CROSSING LTD. COM G3921A100 5300 200000 SH SOLE 200000
GLOBAL SPORTS INC. COM 37937A107 390 17425 SH SOLE 17425
GLOBECOMM SYSTEMS INC. COM 37956X103 5623 538705 SH SOLE 538705
HEINZ (H.J.) CO. COM 423074103 593 13787 SH SOLE 13787
HOME DEPOT COM 437076102 806 11750 SH SOLE 11750
I2 TECHNOLOGY INC. COM 465754109 7794 200800 SH SOLE 200800
IBM CORP. COM 459200101 11138 91768 SH SOLE 91768
IMR GLOBAL CORPORATION COM 45321W106 2751 333500 SH SOLE 333500
INFINITY BROADCASTING CORP. A COM 456625102 6516 222300 SH SOLE 222300
INGRAM MICRO INC. COM 457153104 2845 221000 SH SOLE 221000
INKTOMI CORP. COM 457277101 14356 119600 SH SOLE 119600
INTEGRATED DEVICES TECH INC. COM 458118106 12073 652600 SH SOLE 652600
INTEGRATED SILICON COM 45812P107 2944 300000 SH SOLE 300000
INTEL CORPORATION COM 458140100 15617 210150 SH SOLE 210150
INTERNAP NETWORK SERVICES COM 45885A102 1711 38350 SH SOLE 38350
JOHN HANCOCK BANK & THRIFT OPP COM 41021T105 218 25600 SH SOLE 25600
JOHNSON & JOHNSON COM 478160104 2197 23912 SH SOLE 23912
KANA COMMUNICATIONS COM 483600102 441 8850 SH SOLE 8850
KEANE INC. COM 486665102 3992 175000 SH SOLE 175000
KLA-TENCOR CORPORATION COM 482480100 13071 201100 SH SOLE 201100
KROGER CO. COM 501044101 1462 66288 SH SOLE 66288
LAUNCH MEDIA INC. COM 518567102 540 45000 SH SOLE 45000
LUCENT TECHNOLOGIES COM 549463107 1306 20134 SH SOLE 20134
MC DONALD'S CORP. COM 580135101 411 9500 SH SOLE 9500
MCI WORLDCOM, INC. COM 552683106 8851 123138 SH SOLE 123138
MERCK & CO. COM 589331107 220 3400 SH SOLE 3400
MERCURY INTERACTIVE CORP. COM 589405109 17864 276700 SH SOLE 276700
METROMEDIA FIBER NETWORK COM 591689104 8666 353700 SH SOLE 353700
MICRON TECHNOLOGY, INC. COM 595112103 11648 175000 SH SOLE 175000
MICROSOFT INC. COM 594918104 25567 282313 SH SOLE 282313
MICROWAVE POWER DEVICES INC. COM 59517M103 1369 100000 SH SOLE 100000
MONSANTO COMPANY COM 611662107 665 18638 SH SOLE 18638
MP3.COM INC. COM 62473M109 945 25150 SH SOLE 25150
MULTEX.COM INC. COM 625367107 637 50000 SH SOLE 50000
NET2PHONE INC. COM 64108N106 1303 25000 SH SOLE 25000
NETWORKS ASSOCIATES INC. COM 640938106 3825 200000 SH SOLE 200000
NOKIA CORP. ADR COM 654902204 20356 226650 SH SOLE 226650
NORTH FORK BANCORPORATION NY COM 659424105 1111 56952 SH SOLE 56952
NOVELL INC. COM 670006105 6225 300900 SH SOLE 300900
NOVELLUS SYSTEMS INC. COM 670008101 8430 125000 SH SOLE 125000
ORACLE SYSTEMS CORP. COM 68389X105 11439 251400 SH SOLE 251400
PARAMETRIC TECHNOLOGY CORP. COM 699173100 2362 175000 SH SOLE 175000
PFIZER INC. COM 717081103 1550 43204 SH SOLE 43204
PHILIP MORRIS COS. COM 718154107 934 27313 SH SOLE 27313
PRI AUTOMATION INC. COM 69357H106 9981 276300 SH SOLE 276300
PRIMUS TELECOMMUNICATIONS GROU COM 741929103 15445 735475 SH SOLE 735475
QUANTUM CORP. - DSSG COM 747906204 3524 250600 SH SOLE 250600
QWEST COMMUNICATIONS INTL. COM 749121109 5939 200900 SH SOLE 200900
RADWARE LTD. COM M81873107 423 15400 SH SOLE 15400
REAL NETWORKS INC. COM 75605L104 12966 124000 SH SOLE 124000
RED HAT INC. COM 756577102 326 3400 SH SOLE 3400
RESEARCH IN MOTION LTD. COM 760975102 4702 152000 SH SOLE 152000
RF MICRODEVICES INC. COM 749941100 9150 200000 SH SOLE 200000
RHYTHMS NETCONNECTIONS INC. COM 762430205 5192 150500 SH SOLE 150500
SAGENT TECHNOLOGY INC. COM 786693101 613 65000 SH SOLE 65000
SANMINA CORP. COM 800907107 13595 175700 SH SOLE 175700
SCHERING-PLOUGH CORP. COM 806605101 454 10400 SH SOLE 10400
SCHLUMBERGER LTD. COM 806857108 252 4050 SH SOLE 4050
SCI SYSTEMS INC. COM 783890106 10047 226100 SH SOLE 226100
SEAGATE TECHNOLOGY COM 811804103 6175 200400 SH SOLE 200400
SOLECTRON CORP. COM 834182107 10772 150000 SH SOLE 150000
SPRINT CORP. COM 852061001 271 5000 SH SOLE 5000
SYNOPSYS INC. COM 871607107 4212 75000 SH SOLE 75000
TAIWAN SEMICONDUCTOR MFG LTD. COM 874039100 11880 402706 SH SOLE 402706
TANNING TECHNOLOGY CORP. COM 87588P101 1969 75000 SH SOLE 75000
TELEMATE.NET SOFTWARE INC. COM 87943L100 4900 350000 SH SOLE 350000
TENFOLD CORP. COM 88033A103 3066 115700 SH SOLE 115700
TIVO INC. COM 888706108 606 20250 SH SOLE 20250
TOWER SEMICONDUCTOR LTD. COM M87915100 3194 350000 SH SOLE 350000
TUT SYSTEMS INC. COM 901103101 7744 300000 SH SOLE 300000
UBID INC. COM 903469104 3956 150000 SH SOLE 150000
UNION CARBIDE CORP. COM 905581104 242 4266 SH SOLE 4266
UNISYS CORP. COM 909214108 13641 302300 SH SOLE 302300
UNITED TECHNOLOGIES COM 913017109 10391 175184 SH SOLE 175184
VEECO INSTRUMENTS INC. COM 922417100 4200 150000 SH SOLE 150000
VERTICALNET INC. COM 92532L107 9265 250400 SH SOLE 250400
VIANT CORP. COM 92553N107 4354 90000 SH SOLE 90000
VITESSE SEMICONDUCTORS COM 928497106 12840 150400 SH SOLE 150400
WASHINGTON MUTUAL INC. COM 939322103 904 30914 SH SOLE 30914
WINK COMMUNICATIONS INC. COM 974168106 524 12000 SH SOLE 12000
WINSTAR COMMUNICATIONS INC. COM 97551S107 5906 151200 SH SOLE 151200
YAHOO! INC. COM 984332106 16202 90200 SH SOLE 90200
TCI COMMUNICATIONS FIN 8.72% PFD 872285200 372 14800 SH SOLE 14800
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