UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3-31-99
Check here if Amendment: XXX; Amendment Number: 1
This Amendment (Check only one.) XXX is a restatement.
___ adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: R. ELIOT KING & ASSOCIATES, INC.
Address: 3000 Sand Hill Road, #2-245
Menlo Park, CA 94025
Form 13F File Number: 28-____________
The institutional investment manager filing this report and the person by
whom it is signed hereby represent 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: Barbara S. Joyner
Title: Vice President and Treasurer
Phone: 650-854-2882
Signature, Place and Date of Signing:
Barbara S. Joyner Menlo Park, CA 4-12-1999
Date
Report Type (Check only one.):
XX 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
___ 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
___ 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
29-________________ ________________________________________
Repeat as necessary
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 20
Form 13F Information Table Value Total: 276,473
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is
filed, other than the manager filing this report.
If there are no entries in this list, state "NONE" and omit the column
headings and list entries.
NONE
No. Form 13F File Number Name
____ 28-___________ ___________________________
Repeat as necessary.
<PAGE>
<TABLE>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY--
- ---
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL
DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D AT&T COM 001957109 24243 303754 SH OTHER 01
277385 26369
"D Apria Healthcare Group, Inc." COM 037933108 190 16000 SH
OTHER 01 16000
D Cerus Corporation COM 157085101 2296 103195 SH OTHER 01
103195
D Coulter Pharmaceutical COM 222116105 237 10888 SH OTHER
01 10888
"D DST Systems, Inc." COM 233326107 12906 214884 SH OTHER 01
196220 18664
D HNC Software Inc. COM 40425P107 38331 1170420 SH OTHER 01
990020 180400
"D IDG Books Worldwide, Inc." COM 449384106 3182 127600 SH OTHER
01 118000 9600
D Incyte Pharmaceuticals COM 45337C102 15296 762400 SH OTHER
01 648800 113600
D Information Resources COM 456905108 15378 2388873 SH OTHER 01
1956320 432553
D Intel Corporation COM 458140100 21977 184877 SH OTHER 01
168612 16265
D Intuit Inc. COM 461202103 13207 129800 SH OTHER 01
117500 12300
D J. Alexander's Corporation COM 433096104 347 97400 SH OTHER
01 97400
D KLA-Tencor Corporation COM 482480100 25805 531385 SH OTHER
01 439660 91725
D Liberty Media Group Class A COM 001957208 15775 299964 SH OTHER
01 274383 25581
D Microsoft Corporation COM 594918104 1004 11200 SH OTHER 01
11200
D Network Equipment Technologies COM 641208103 11755 1315225 SH
OTHER 01 1071400 243825
"D Safeway, Inc." COM 786514208 23506 458100 SH OTHER 01
418000 40100
D Sola International COM 834092108 6773 561500 SH OTHER 01
512400 49100
D State Street Corporation COM 857477103 22717 276200 SH OTHER
01 252700 23500
D Transaction Systems Architects COM 893416107 21546 598500 SH
OTHER 01 500100 98400
S REPORT SUMMARY 20 DATA RECORDS 276473 1 OTHER MANAGERS ON WHOSE
BEHALF REPORT IS FILED
</TABLE>
