Form 13F
Form 13F Cover Page
Report for the Quarter Ended: December 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: 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, February 1, 2000
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: 171
Form 13F Information Table Value Total 1,841,089
List of Other Included Managers:
[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>
ACTIVE SOFTWARE INC. COM 00504E100 27600 300000 SH SOLE 300000
ADVANCED FIBRE COMMUNICATION COM 00754A105 15641 350000 SH SOLE 350000
AEROFLEX INC. COM 007768104 2853 275000 SH SOLE 275000
AGILENT TECHNOLOGIES COM 00846U101 25127 325000 SH SOLE 325000
AIRGATE PCS INC. COM 009367103 994 18850 SH SOLE 18850
AKAMAI TECHNOLOGIES COM 00971T101 5111 15600 SH SOLE 15600
ALLEGIANCE TELECOM INC. COM 01747T102 8229 89200 SH SOLE 89200
ALTERA CORP. COM 021441100 17461 352300 SH SOLE 352200
AMERICA ONLINE INC. COM 023645104 54624 724100 SH SOLE 724100
AMERICAN EXPRESS CO. COM 025816101 258 1550 SH SOLE 1550
AMERITRANS CAP. CORP. COM 030734101 90 12000 SH SOLE 12000
AMGEN INC. COM 031162101 240 4000 SH SOLE 4000
AMKOR TECHNOLOGIES COM 031652100 12712 450000 SH SOLE 450000
ANALOG DEVICES INC. COM 032654105 27974 300800 SH SOLE 300800
ANTEC CORP. COM 03664P105 16536 453050 SH SOLE 452950
APPLIED MATERIALS INC. COM 038222105 23044 181900 SH SOLE 181900
APPLIED SCIENCE & TECHNOLOGY COM 038236105 12463 375000 SH SOLE 375000
ART TECHNOLOGY GROUP INC. COM 04289L107 12812 100000 SH SOLE 100000
ASM LITHOGRAPHY HLD NV COM N07059111 25662 225600 SH SOLE 225600
AT&T COM 001957109 234 4608 SH SOLE 4608
ATLANTIC RICHFIELD CO. COM 048825103 289 3340 SH SOLE 3340
ATMEL CORP. COM 049513104 20694 700000 SH SOLE 700000
AUBIDLE INC. COM 06069A104 754 50300 SH SOLE 50300
BANK OF NEW YORK INC. COM 064057102 292 7300 SH SOLE 7300
BEA SYSTEMS INC. COM 073325102 28059 401200 SH SOLE 401200
BLUESTONE SOFTWARE COM 09623D102 15342 133410 SH SOLE 133410
BMC SOFTWARE COM 055921100 26044 325800 SH SOLE 325800
CADENCE DESIGN SYSTEMS INC. COM 127387108 7910 329600 SH SOLE 329600
CBT GROUP COM 124853300 13400 400000 SH SOLE 400000
CHARTER COMMUNICATIONS COM 16117M107 4033 184350 SH SOLE 184350
CHINA TELECOM HK ADR COM 169428109 6428 50000 SH SOLE 50000
CIENA CORP. COM 171779101 23046 400800 SH SOLE 400800
CISCO SYSTEMS, INC. COM 17275R102 48438 452162 SH SOLE 452162
CITIGROUP INC. COM 172967101 2554 45860 SH SOLE 45860
CITRIX SYSTEMS INC. COM 177376100 12300 100000 SH SOLE 100000
CLASSIC COMMUNICATIONS CL A COM 182728204 4022 110000 SH SOLE 110000
COCA-COLA CO. COM 191216100 524 9000 SH SOLE 9000
COMPAQ COMPUTER CORP. COM 204493100 7416 274030 SH SOLE 274030
COMPUTER ASSOCIATES INTERNATIO COM 204912109 25527 365000 SH SOLE 365000
COSTCO WHOLESALE CORP. COM 22160Q102 1062 11642 SH SOLE 11642
CYPRESS SEMICONDUCTOR CORP. COM 232806909 19917 615200 SH SOLE 615200
DATA RETURN CORP. COM 23785M104 4012 75000 SH SOLE 75000
DELL COMPUTER CORP. COM 247025109 33043 647900 SH SOLE 647750
DIGIMARC CORP. COM 253807101 562 11250 SH SOLE 11250
DIGITAL LAVA COM 253928105 119 16667 SH SOLE 16667
DISNEY CO., (THE WALT) COM 254687106 545 18643 SH SOLE 18643
DIVERSINET CORP. COM 25536K204 17739 806300 SH SOLE 806300
DUANE READE INC. COM 263578106 559 20280 SH SOLE 20280
E*TRADE GROUP, INC. COM 269246104 9653 369500 SH SOLE 369500
EBAY INC. COM 278642103 12519 100000 SH SOLE 100000
EGREETINGS NETWORK COM 282343102 330 32550 SH SOLE 32550
EL SITIO INC. COM 630177101 619 16850 SH SOLE 16850
ELECTRONICS FOR IMAGING COM 286082102 26424 454600 SH SOLE 454500
EMC CORP. COM 268648102 52604 481500 SH SOLE 481500
EQUANT N.V.-REGISTER COM 294409107 11228 100250 SH SOLE 100250
EXODUS COMMUNICATIONS INC. COM 302088109 44406 500000 SH SOLE 500000
FINISAR CORPORATION COM 31787A101 2045 22750 SH SOLE 22750
FREEMARKETS INC. COM 356602102 1399 4100 SH SOLE 4100
GATEWAY INC. COM 367626108 12611 175000 SH SOLE 175000
GENERAL ELECTRIC CO. COM 369604103 4533 29291 SH SOLE 29291
GILLETTE CO. COM 375766102 325 7900 SH SOLE 7900
GLOBAL CROSSING LTD. COM G3921A100 10000 200000 SH SOLE 200000
GLOBAL SPORTS INC. COM 37937A107 269 21425 SH SOLE 21425
GLOBECOMM SYSTEMS INC. COM 37956X103 12433 492380 SH SOLE 492380
HEINZ (H.J.) CO. COM 423074103 549 13787 SH SOLE 13787
HOME DEPOT COM 437076102 1212 17625 SH SOLE 17625
HONEYWELL INTL. INC. COM 438516101 1401 24282 SH SOLE 24282
I2 TECHNOLOGY INC. COM 465754109 39117 200600 SH SOLE 200600
IBASIS INC. COM 450732102 395 13750 SH SOLE 13750
IBM CORP. COM 459200101 9844 91150 SH SOLE 91150
IMMERSON CORPORATION COM 452521107 516 13450 SH SOLE 13450
IMR GLOBAL CORPORATION COM 45321W106 7550 601000 SH SOLE 601000
INFINITY BROADCASTING CORP. A COM 456625102 8037 222100 SH SOLE 222100
INKTOMI CORP. COM 457277101 21229 239200 SH SOLE 239200
INPRISE CORPORATION COM 45766C102 3651 330000 SH SOLE 330000
INTEGRATED DEVICES TECH INC. COM 458118106 24725 852600 SH SOLE 852600
INTEGRATED SILICON COM 45812P107 8281 500000 SH SOLE 500000
INTEL CORPORATION COM 458140100 19463 236450 SH SOLE 236450
INTERNAP NETWORK SERVICES COM 45885A102 6635 38350 SH SOLE 38350
INTERPUBLIC GROUP OF COS INC. COM 460690100 1200 20801 SH SOLE 20801
INTERWOVEN INC. COM 46114T102 1879 15450 SH SOLE 15450
JAZZTEL PLC - ADR COM 47214R152 502 7709 SH SOLE 7709
JNI CORP. COM 466226105 2587 39200 SH SOLE 39200
JOHN HANCOCK BANK & THRIFT OPP COM 41021T105 216 25600 SH SOLE 25600
JOHNSON & JOHNSON COM 478160104 2206 23662 SH SOLE 23662
JUPITER COMMUNICATIONS COM 482050101 310 10250 SH SOLE 10250
KANA COMMUNICATIONS COM 483600102 1814 8850 SH SOLE 8850
KLA-TENCOR CORPORATION COM 482480100 22398 201100 SH SOLE 201100
KROGER CO. COM 501044101 1096 58088 SH SOLE 58088
LEXMARK INTL. GROUP INC. COM 529771107 27340 302100 SH SOLE 302000
LIFEMINDERS.COM INC. COM 53219H108 1842 31900 SH SOLE 31900
LUCENT TECHNOLOGIES COM 549463107 1437 19166 SH SOLE 19166
MANAGEMENT NETWORK GROUP INC. COM 561693102 1075 32950 SH SOLE 32950
MBNA CORP. COM 55262L101 755 27700 SH SOLE 27700
MC DONALD'S CORP. COM 580135101 383 9500 SH SOLE 9500
MCAFEE.COM CORPORATION COM 579062100 1242 27600 SH SOLE 27600
MCI WORLDCOM, INC. COM 552683106 13916 262257 SH SOLE 262107
MEDIAPLEX INC. COM 58446B105 1368 21800 SH SOLE 21800
MERCK & CO. COM 589331107 242 3600 SH SOLE 3600
MERCURY INTERACTIVE CORP. COM 589405109 29866 276700 SH SOLE 276700
METALINK LTD. COM 590832101 366 17950 SH SOLE 17950
METROMEDIA FIBER NETWORK COM 591689104 19352 403700 SH SOLE 403700
MICRON TECHNOLOGY, INC. COM 595112103 27282 350900 SH SOLE 350900
MICROSOFT INC. COM 594918104 43505 372638 SH SOLE 372538
MICROWAVE POWER DEVICES INC. COM 59517M103 712 100000 SH SOLE 100000
MONSANTO COMPANY COM 611662107 618 17439 SH SOLE 17439
MP3.COM INC. COM 62473M109 3174 100150 SH SOLE 100150
NBC INTERNET INC. COM 62773D106 17381 225000 SH SOLE 225000
NET PERCEPTIONS INC. COM 64107U101 16800 400000 SH SOLE 400000
NET2PHONE INC. COM 64108N106 13781 300000 SH SOLE 300000
NETRATINGS INC. COM 64116M108 811 16850 SH SOLE 16850
NETWORKS ASSOCIATES INC. COM 640938106 9341 350000 SH SOLE 350000
NEXT LEVEL COMMUNICATIONS COM 65333U104 861 11500 SH SOLE 11500
NOKIA CORP. ADR COM 654902204 43063 226650 SH SOLE 226650
NORTEL NETWORKS CORP. COM 656569100 20200 200000 SH SOLE 200000
NORTH FORK BANCORPORATION NY COM 659424105 979 56358 SH SOLE 56358
NOVELL INC. COM 670006105 20005 500900 SH SOLE 500900
NOVELLUS SYSTEMS INC. COM 670008101 18380 150000 SH SOLE 150000
OPENTV CORPORATION COM G67543101 622 7750 SH SOLE 7750
ORACLE SYSTEMS CORP. COM 68389X105 33776 301400 SH SOLE 301400
PACIFIC CENTURY CYBERWORKS COM Y6801N100 1530 600000 SH SOLE 600000
PARAMETRIC TECHNOLOGY CORP. COM 699173100 15445 570700 SH SOLE 570700
PFIZER INC. COM 717081103 1259 38805 SH SOLE 38805
PFSWEB INC. COM 717098107 827 22050 SH SOLE 22050
PHILIP MORRIS COS. COM 718154107 379 16500 SH SOLE 16500
PHONE.COM INC. COM 71920G100 11594 100000 SH SOLE 100000
PREDICTIVE SYSTEMS INC. COM 74036W102 1379 21050 SH SOLE 21050
PRI AUTOMATION INC. COM 69357H106 18493 275500 SH SOLE 275500
PRIMUS TELECOMMUNICATIONS GROU COM 741929103 31257 817172 SH SOLE 817172
QUANTUM CORP. - DSSG COM 747906204 3781 250000 SH SOLE 250000
QWEST COMMUNICATIONS INTL. COM 749121109 16177 376200 SH SOLE 376200
RADWARE LTD. COM M81873107 664 15400 SH SOLE 15400
RATIONAL SOFTWARE CORP. COM 75409P202 16034 326400 SH SOLE 326400
REAL NETWORKS INC. COM 75605L104 21175 176000 SH SOLE 176000
RESEARCH IN MOTION LTD. COM 760975102 18475 400000 SH SOLE 400000
RHYTHMS NETCONNECTIONS INC. COM 762430205 13990 451300 SH SOLE 451300
ROYAL CARIBBEAN CRUISES LTD. COM U7780T101 261 5300 SH SOLE 5300
RUDOLPH TECHNOLOGIES COM 781270103 697 20800 SH SOLE 20800
SANMINA CORP. COM 800907107 19975 200000 SH SOLE 200000
SCHERING-PLOUGH CORP. COM 806605101 441 10400 SH SOLE 10400
SCHLUMBERGER LTD. COM 806857108 227 4050 SH SOLE 4050
SEAGATE TECHNOLOGY COM 811804103 18644 400400 SH SOLE 400400
SMARTERKIDS.COM INC. COM 83169C106 502 69300 SH SOLE 69300
SOLECTRON CORP. COM 834182107 16647 175000 SH SOLE 175000
SPRINT CORP. COM 852061001 337 5000 SH SOLE 5000
SYCAMORE NETWORKS INC. COM 871206108 4825 15665 SH SOLE 15665
SYNOPSYS INC. COM 871607107 10012 150000 SH SOLE 150000
TAIWAN SEMICONDUCTOR MFG LTD. COM 874039100 18122 402706 SH SOLE 402706
TELEMATE.NET SOFTWARE INC. COM 87943L100 5687 350000 SH SOLE 350000
TENFOLD CORP. COM 88033A103 16426 411300 SH SOLE 411100
TERRA NETWORKS SA-SP COM 88100W103 218 3981 SH SOLE 3981
TOWER SEMICONDUCTOR LTD. COM M87915100 2825 258300 SH SOLE 258300
TRITEL INC. COM 89675X104 1206 38070 SH SOLE 38070
TUT SYSTEMS INC. COM 901103101 26812 500000 SH SOLE 500000
UNION CARBIDE CORP. COM 905581104 285 4266 SH SOLE 4266
UNISYS CORP. COM 909214108 19380 606800 SH SOLE 606800
UNITED TECHNOLOGIES COM 913017109 11361 174784 SH SOLE 174784
VA LINUX SYSTEMS INC. COM 91819B105 2955 14300 SH SOLE 14300
VEECO INSTRUMENTS INC. COM 922417100 7022 150000 SH SOLE 150000
VERTICALNET INC. COM 92532L107 41049 250300 SH SOLE 250300
VITESSE SEMICONDUCTORS COM 928497106 15773 300800 SH SOLE 300800
VIXEL CORP. COM 928552106 4266 250000 SH SOLE 250000
WASHINGTON MUTUAL INC. COM 939322103 780 30164 SH SOLE 30164
WEBVAN GROUP INC. COM 94845V101 1475 89400 SH SOLE 89400
WESTERN DIGITAL CORP. COM 958102105 2094 500000 SH SOLE 500000
WILLIAMS COMMUNICATIONS COM 969455101 1868 64550 SH SOLE 64550
WINSTAR COMMUNICATIONS INC. COM 97551S107 15140 201200 SH SOLE 201200
YAHOO! INC. COM 984332106 27043 62500 SH SOLE 62500
Z-TEL TECHNOLOGIES COM 968792107 628 15550 SH SOLE 15550
TCI COMMUNICATIONS FIN 8.72% PFD 872285200 353 14000 SH SOLE 14000
JOHN HANCOCK GLOBAL TECH. FUND 478032303 308 3653.819 SH SOLE 3653.819
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