PROFESSIONALLY MANAGED PORTFOLIOS
NT-NSAR, 2000-05-30
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UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING

Commission File Number: 811-05037

(check one):   [  ] Form 10-K and Form 10-KSB
                      [ ] Form 10-Q and Form 10-QSB
                      [ ] Form 20-F
                      [ ]  Form 11-K
                     [x ] Form N-SAR

For Period Ended: March 31, 2000

[ ] Transition Report on Form 10-K

[ ] Transition Report on Form 20-F

[ ]  Transition Report on Form 11-K

[ ] Transition Report on Form 10-Q

[ ]  Transition Report on Form N-SAR

For the Transition Period Ended:

If the notification relates to a portion of the filing
checked above, identify the item(s) to which the
notification relates:

PART I - REGISTRANT INFORMATION

PROFESSIONALLY MANAGED PORTFOLIO
Full Name of Registrant

-------------------------
Former Name if Applicable

2020 E. FINANCIAL WAY, SUITE 100
Address of Principal Executive Office
(Street and Number)


Glendora, CA 91741
City, State and Zip Code

PART 11 - RULES 12b-25(b) and (c)
if the subject report could not be filed without
unreasonable effort or expense and the registrant
seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check box if appropriate)

[x ]  (a) The reasons described in reasonable detail
in Part III of this form could not be eliminated
without unreasonable effort,or expense;

[ ]  (b) The subject annual report, semi-annual
report, transition report on Form 10-K, Form
20-F, 11-K, Form N-SAR, or portion thereof, will
be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject
quarterly report of transition report on Form IO-Q, or
portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and [ ]

(c) The accountant's statement or other exhibit
required  by rule 12b-25(c) has been attached if
applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why the
Form 10-K and Form 10-KSB, 11-K, 20-F, IO-Q and
Form IO-QSB, N-SAR, or other transition report or
portion thereof, could not be filed within the prescribed
period.

WAITING FOR FINANCIAL INFORMATION.



PART IV - OTHER INFORMATION

(1)   Name and telephone number of person to contact in
regard to this notification

Joy Ausili                          (626) 852-1033

(Name)                      (Area Code)      (Telephone Number)

(2)  Have all other periodic reports required under    section
13 or 15(d) of the Securities Exchange Act of 1934 or
Section 30 of  the Investment Company Act of 1940 during
the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), been filed. If
answer is no, identify report(s).

      [x ] YES     [ ] NO

(3)  Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statement to be
included in the subject report or portion thereof?

     [ ] YES      [x ] NO

If so, attach an explanation of the anticipated change, both
narratively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.

PROFESSIONALLY MANAGED PORTFOLIO
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.


Date:     May 30, 2000        By:   /s/ Joy Ausili






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