OAK ASSOCIATES LTD /OH/
13F-HR, 1999-08-04
Previous: DREYFUS STRATEGIC GOVERNMENTS INCOME INC, N-30D, 1999-08-04
Next: TRICORD SYSTEMS INC /DE/, 8-K, 1999-08-04



<PAGE>   1
FORM
13F
      INFORMATION REGUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO
              SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934
                              AND RULES THEREUNDER

                       Securities and Exchange Commission
                             Washington, D.C. 20549


           Report for the Calendar Year or Quarter Ended June 30, 1999

Name of Institutional Investment Manager:
  OAK ASSOCIATES, LTD.                      #28-2338

Business Address:
3875 EMBASSY PARKWAY, #250    AKRON, OHIO  44333

Name, Phone No., and Title of Person      Duly Authorized to Submit This Report.
  JAMES D. OELSCHLAGER,                   MANAGING MEMBER         (330) 668-1234





                ATTENTION --    Intentional misstatements or omissions of facts
                                constitute Federal Criminal Violations. See
                                18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

                  The institutional investment manager submitting this Form and
           its attachments and the person by whom it is signed represent hereby
           that all information contained therein is true, correct and complete.
           It is understood that all required items, statements and schedules
           are considered integral parts of this Form and that the submission of
           any amendment represents that all unattended items, statements and
           schedules remain true, correct and complete as previously submitted.

                  Pursuant to the requirements of Securities Exchange Act of
           1934, the undersigned institutional investment manager has caused
           this report to be signed on its behalf in the City


            of AKRON and State of OHIO on the 4 day of August 1999

                                                            JAMES D. OELSCHLAGER



                   (Manual Signature of Person Duly Authorized
                             to Submit This Report)


Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).

13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.


<PAGE>   2
<TABLE>
<CAPTION>
                                                        Oak Associates, Ltd.
                                                             FORM 13F
                                                             @MANAGED
                                                           June 30, 1999

                                                                                                                VOTING AUTHORITY
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER     --------------------------
        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>
3COM CORP.                     COM              885535104   257692  9655899 SH       SOLE                  9655899
ADVENT SOFTWARE                COM              007974108     3678    54900 SH       SOLE                    54900
AMERICA ONLINE                 COM              02364J104    19516   177419 SH       SOLE                   177419
AMERICAN EXPRESS CO            COM              025816109      286     2200 SH       SOLE                     2200
AMERICAN HOME PRODUCTS         COM              026609107     4441    77400 SH       SOLE                    77400
AMERICAN INT'L. GRP            COM              026874107   600055  5117740 SH       SOLE                  5117740
AMERITECH CORP NEW             COM              030954101      919    12498 SH       SOLE                    12498
AMGEN INC                      COM              031162100      408     6700 SH       SOLE                     6700
ANHEUSER-BUSCH CO INC          COM              035229103      482     6800 SH       SOLE                     6800
APPLIED MATERIALS INC          COM              038222105   679502  9197999 SH       SOLE                  9197999
ASPECT TELECOMMUNICATION       COM              045237104    26688  2737257 SH       SOLE                  2737257
AT&T CORP                      COM              001957109     2998    53707 SH       SOLE                    53707
ATMEL CORP.                    COM              049513104   112895  4311040 SH       SOLE                  4311040
BANCONE CORP                   COM              059438101     1089    18290 SH       SOLE                    18290
BANK OF AMERICA CORP.          COM              060505104   485365  6620495 SH       SOLE                  6620495
BANK OF NEW YORK CO INC.       COM              064057102      770    21000 SH       SOLE                    21000
BANKBOSTON CORP.               COM              06605R106     7661   149855 SH       SOLE                   149855
BELLSOUTH CORP                 COM              079860102      506    10968 SH       SOLE                    10968
BERKSHIRE HATHAWAY (NEW) CLASS COM              084670108      344        5 SH       SOLE                        5
BRISTOL MYERS SQUIBB           COM              110122108      954    13550 SH       SOLE                    13550
BROCADE COMMUNICATIONS         COM              111621108     4803    49800 SH       SOLE                    49800
CABLEVISION SYSTEMS CORP.      COM              12686C109      259     3700 SH       SOLE                     3700
CHASE MANHATTAN CORP           COM              161610100     9901   114464 SH       SOLE                   114464
CIENA CORP.                    COM              171779101   218008  7221799 SH       SOLE                  7221799
CISCO SYSTEMS                  COM              17275R102  3610207 56026489 SH       SOLE                 56026489
CITIGROUP INC.                 COM              172967101   676249 14236829 SH       SOLE                 14236829
CLEAR CHANNEL COMMUNICATIONS,  COM              184502102     3447    50000 SH       SOLE                    50000
COCA COLA COMMON               COM              191216100      490     7900 SH       SOLE                     7900
COMPAQ COMPUTER CORP.          COM              204493100   321068 13554312 SH       SOLE                 13554312
DELL COMPUTER                  COM              247025109    18504   500100 SH       SOLE                   500100
DIEBOLD INC.                   COM              253651103     8757   304606 SH       SOLE                   304606
E I DUPONT DE NEMOURS & CO     COM              263534109     1109    16228 SH       SOLE                    16228
ELI LILLY & CO.                COM              532457108   210437  2938034 SH       SOLE                  2938034
EMC CORP.                      COM              268648102   236005  4291007 SH       SOLE                  4291007
EQUITY RESIDENTIAL PPTYS TR SB COM              29476L107      582    12915 SH       SOLE                    12915
EXODUS COMMUNICATIONS          COM              302088109     1451    12100 SH       SOLE                    12100
EXPRESS SCRIPTS INC.           COM              302182100     7379   122600 SH       SOLE                   122600
FIRST DATA CORP                COM              319963104    57615  1177315 SH       SOLE                  1177315
FIRSTMERIT CORP.               COM              318677101     3568   127133 SH       SOLE                   127133
FOREST LABORATORIES INC.       COM              345838106     2664    57600 SH       SOLE                    57600
GALILEO TECHNOLOGY LTD.        COM              M47298100     1127    24871 SH       SOLE                    24871
GATEWAY                        COM              367626108     3192    54050 SH       SOLE                    54050
GENERAL ELECTRIC               COM              369604103    13083   115775 SH       SOLE                   115775
GLIMCHER REALTY TRUST          COM              379302102      706    43100 SH       SOLE                    43100
GULFSTREAM AEROSPACE           COM              402734107     4324    64000 SH       SOLE                    64000
HARLEY MOTORCYCLES             COM              412822108     3262    60000 SH       SOLE                    60000
HEWLETT PACKARD CO             COM              428236103      301     3000 SH       SOLE                     3000
HRPT PPTYS TR COM SH BEN INT   COM              40426W101      841    54900 SH       SOLE                    54900
INTEL CORP                     COM              458140100   668580 11236630 SH       SOLE                 11236630
INTERNATIONAL NETWORK SERVICES COM              460053101     7267   180000 SH       SOLE                   180000
JOHNSON & JOHNSON              COM              478160104    11890   121325 SH       SOLE                   121325
KEYCORP NEW                    COM              833663305     2190    68174 SH       SOLE                    68174
LINEAR TECHNOLOGY CORP.        COM              535678106   533737  7936615 SH       SOLE                  7936615
LUCENT TECHNOLOGIES            COM              549463107   483212  7165325 SH       SOLE                  7165325
MAXIM INTEGRATED PRODUCTS      COM              57772K101   484350  7283462 SH       SOLE                  7283462
MBNA CORP.                     COM              55262L100   329309 10752954 SH       SOLE                 10752954

</TABLE>

<PAGE>   3
<TABLE>
<CAPTION>
                                                        Oak Associates, Ltd.
                                                              FORM 13F
                                                             @MANAGED
                                                           June 30, 1999

                                                                                                               VOTING AUTHORITY
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER     --------------------------
        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>

MCDONALDS CORP                 COM              580135101      209     5084 SH       SOLE                     5084
MCI WORLDCOM INC.              COM              55268B106     3370    39156 SH       SOLE                    39156
MEDTRONIC INC                  COM              585055106   310468  3986743 SH       SOLE                  3986743
MERCK & CO INC                 COM              589331107   550938  7483030 SH       SOLE                  7483030
MICROSOFT                      COM              594918104   988846 10964334 SH       SOLE                 10964334
MORGAN STANLEY DEAN WITTER & C COM              617446448   321552  3133272 SH       SOLE                  3133272
MUTUAL RISK MGMT. LTD.         COM              628351108     1159    34732 SH       SOLE                    34732
NATIONAL CITY CORP.            COM              635405103      273     4165 SH       SOLE                     4165
NETWORK APPLIANCE              COM              64120L104     3475    62200 SH       SOLE                    62200
NEXTEL COMMUNICATIONS INC CLAS COM              338898109    20358   405633 SH       SOLE                   405633
NORTEL NETWORKS CORP           COM              656569100   125075  1440753 SH       SOLE                  1440753
PARAMETRIC TECHNOLOGY CORP.    COM              699173100   304572 21951116 SH       SOLE                 21951116
PEPSICO INC.                   COM              713448108     1427    36880 SH       SOLE                    36880
PFIZER INC                     COM              717081103   435072  3991485 SH       SOLE                  3991485
PHILIP MORRIS COS.             COM              718154107     1608    40020 SH       SOLE                    40020
PINE BROOK CAP INC CL A        COM              72246F109        0    10228 SH       SOLE                    10228
PNC FINANCIAL CORP             COM              693475105      231     4016 SH       SOLE                     4016
POST PROPERTIES, INC.          COM              737464107      697    17000 SH       SOLE                    17000
PROCTER & GAMBLE CO            COM              742718109     3179    35614 SH       SOLE                    35614
QUALCOMM INC.                  COM              747525103      287     2000 SH       SOLE                     2000
QUINTILES TRANSNATIONAL CORP.  COM              748767100     1050    25000 SH       SOLE                    25000
SBC COMMUNICATIONS INC         COM              845333103      746    12857 SH       SOLE                    12857
SCHWAB CHARLES CORP            COM              808513105     9385    86100 SH       SOLE                    86100
SECOND BANCORP                 COM              813114105      654    22354 SH       SOLE                    22354
STATE STREET BOSTON CORP       COM              857473102      427     5000 SH       SOLE                     5000
SUGN INC                       COM              865041107      295    10000 SH       SOLE                    10000
SUN MICROSYSTEMS               COM              866810104   157398  2285272 SH       SOLE                  2285272
SYLVAN LEARNING SYS. INC.      COM              871399101     2229    82000 SH       SOLE                    82000
SYNOPSYS INC.                  COM              871607107   107989  1956770 SH       SOLE                  1956770
TELLABS                        COM              879664100   431861  6392024 SH       SOLE                  6392024
UNIPHASE CORP                  COM              909149106    40172   242000 SH       SOLE                   242000
VITESSE SEMICONDUCTOR CORP.    COM              928497106    25913   384250 SH       SOLE                   384250
WAYNE BANCORP INC              COM              944293109     1034    30521 SH       SOLE                    30521
XILINX INC.                    COM              983919101   181854  3176488 SH       SOLE                  3176488
BUELL INDUSTRIES INC.                           119061109        0    10000 SH       SOLE                    10000
CISCO SYSTEMS                                   17275R102      870    13500 SH       SOLE                    13500
OMNI-VISTA, INC., PREFERRED B                                  100    50000 SH       SOLE                    50000
PW EQUITY PARTNERS THREE                                        60    25000 SH       SOLE                    25000
REPORT SUMMARY              94 DATA RECORDS               14180958           0   OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission