UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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: Caldwell & Orkin, Inc.
Address: 2050 Tower Place
3340 Peachtree Road, N.E.
Atlanta, Georgia 30326
Form 13F File Number: 28- 2699
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: Michael B. Orkin
Title: President
Phone: (404) 239-0707
Signature, Place, and Date of Signing:
/s/ Michael B. Orkin Atlanta, Georgia 5/7/99
- -------------------------- ---------------- ------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 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:
NONE
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 81
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Form 13F Information Table Value Total: $ 323,657
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(thousands)
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.]
No. Form 13F file Number Name
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1 28- 3468 C & O Funds Advisor, Inc.
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FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- ----------------------------------------------------------------------------------------------------------------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SHRS OR PRN SH/ PUT/ INVESTMENT OTHER MANAGERS VOTING AUTHORITY
(x$1000) AMT PRN CALL DISCRETION SOLE SHARED NONE
- ---------------------------- ------------- --------- ------- ----------- --------- ---------- -------------- -----------------
<S> <S> <C> <C> <C> <S> <S> <C> <C>
AMES DEPARTMENT STORES COM 030789507 2,094 56,400 SH SOLE 56,400
ANTEC CORP. COM 03664P105 2,292 106,600 SH SOLE 106,600
ANTEC CORP. COM 03664P105 6,820 317,200 SH DEFINED 1 317,200
APPLE COMPUTER INC. COM. COM 037833100 2,326 64,735 SH SOLE 64,735
AT&T CORP. - LIBERTY MEDIA - A COM 001957208 2,708 51,500 SH SOLE 51,500
AT&T CORP. - LIBERTY MEDIA - A COM 001957208 8,278 157,400 SH DEFINED 1 157,400
AUTONOMOUS TECHNOLOGIES COM 05329h105 2,734 270,000 SH SOLE 270,000
BALLARD POWER SYSTEMS, INC. COM 05858h104 201 6,500 SH SOLE 6,500
BANK TOKYO-MITSUBISHI LTD. SPON COM 065379109 904 64,600 SH SOLE 64,600
BANK TOKYO-MITSUBISHI LTD. SPON COM 065379109 1,970 140,700 SH DEFINED 1 140,700
BJ'S WHOLESALE CLUB COM 05548J106 2,297 87,294 SH SOLE 87,294
BROADCOM CORP CL. A COM 111320107 2,052 33,300 SH SOLE 33,300
BROADCOM CORP CL. A COM 111320107 4,474 72,600 SH DEFINED 1 72,600
CABLEVISION SYSTEMS CORP. COM 12686C109 7,543 101,768 SH SOLE 101,768
CABLEVISION SYSTEMS CORP. COM 12686C109 5,567 75,100 SH DEFINED 1 75,100
CASE CORPORATION COM. COM 14743R103 317 12,500 SH SOLE 12,500
CASE CORPORATION COM. COM 14743R103 1,033 40,700 SH DEFINED 1 40,700
CBS CORPORATION COM 12490K107 6,050 148,250 SH SOLE 148,250
CBS CORPORATION COM 12490K107 9,738 238,600 SH DEFINED 1 238,600
CELLULAR COMMUNICATION OF PR COM 15116n108 1,080 40,000 SH SOLE 40,000
CELLULAR COMMUNICATION OF PR COM 15116n108 3,880 143,700 SH DEFINED 1 143,700
CENTURY TELEPHONE ENTERPRISES COM 156686107 2,915 41,500 SH SOLE 41,500
CENTURY TELEPHONE ENTERPRISES COM 156686107 8,578 122,100 SH DEFINED 1 122,100
CHASE MANHATTAN CORP. COM 16161A108 2,173 26,700 SH SOLE 26,700
CISCO SYS INC. COM. COM 17275R102 2,931 26,752 SH SOLE 26,752
CISCO SYS INC. COM. COM 17275R102 8,480 77,400 SH DEFINED 1 77,400
CLAIRE'S STORES, INC. COM 179584107 2,091 69,400 SH DEFINED 1 69,400
COMCAST CORP CL. A COM 200300200 6,628 105,300 SH SOLE 105,300
COMCAST CORP CL. A COM 200300200 5,985 95,100 SH DEFINED 1 95,100
DPL INC. COM. COM 233293109 443 26,850 SH SOLE 26,850
ELECTRONIC DATA SYSTEMS, INC. COM 285661104 5,491 112,784 SH SOLE 112,784
ELECTRONIC DATA SYSTEMS, INC. COM 285661104 11,875 243,900 SH DEFINED 1 243,900
FIRST DATA CORP COM COM 319963104 1,893 44,300 SH SOLE 44,300
FIRST DATA CORP COM COM 319963104 4,643 108,600 SH DEFINED 1 108,600
FOX ENTERTAINMENT GROUP, INC. COM 35138T107 3,198 117,900 SH SOLE 117,900
FOX ENTERTAINMENT GROUP, INC. COM 35138T107 13,020 480,000 SH DEFINED 1 480,000
GENERAL ELECTRIC CO. COM 369604103 3,186 28,800 SH SOLE 28,800
HARMONIC LIGHTWAVES INC. COM 413160102 1,611 58,300 SH SOLE 58,300
HOME DEPOT INC. COM. COM 437076102 5,690 91,400 SH SOLE 91,400
HOME DEPOT INC. COM. COM 437076102 1,326 21,300 SH DEFINED 1 21,300
INCO LTD. COM 453258402 1,541 115,800 SH SOLE 115,800
INCO LTD. COM 453258402 1,121 84,200 SH DEFINED 1 84,200
INTERNATIONAL BUSINESS MACHINES COM 459200101 1,152 6,500 SH SOLE 6,500
INTERNATIONAL BUSINESS MACHINES COM 459200101 2,428 13,700 SH DEFINED 1 13,700
JONES INTERCABLE INC., CL. A COM 480206200 2,666 67,600 SH SOLE 67,600
KROGER COMPANY COM 501044101 2,997 50,050 SH SOLE 50,050
MEDIAONE GROUP, INC. COM 58440J104 6,220 98,050 SH SOLE 98,050
MEDIAONE GROUP, INC. COM 58440J104 8,913 140,500 SH DEFINED 1 140,500
MERCANTILE BANCORPORATION COM 587342106 2,774 58,400 SH SOLE 58,400
MERCANTILE BANCORPORATION COM 587342106 4,047 85,200 SH DEFINED 1 85,200
MOTOROLA INC. COM 620076109 802 10,942 SH SOLE 10,942
NAVISTAR INTL. CORP. COM 63934E108 2,805 69,800 SH SOLE 69,800
NAVISTAR INTL. CORP. COM 63934E108 6,611 164,500 SH DEFINED 1 164,500
NORTHERN TELECOM LTD. COM 665815106 3,639 58,580 SH SOLE 58,580
NORTHERN TELECOM LTD. COM 665815106 4,411 71,000 SH DEFINED 1 71,000
NOVELL INC. COM 670006105 3,701 146,950 SH SOLE 146,950
NOVELL INC. COM 670006105 10,702 424,900 SH DEFINED 1 424,900
PENWEST PHARMACEUTICALS CO. COM 709754105 564 55,000 SH SOLE 55,000
PFIZER INC. COM. COM 717081103 5,431 39,136 SH SOLE 39,136
PFIZER INC. COM. COM 717081103 9,490 68,400 SH DEFINED 1 68,400
RAYTHEON CO. CL. B COM 755111408 1,196 20,400 SH SOLE 20,400
RAYTHEON CO. CL. B COM 755111408 2,157 36,800 SH DEFINED 1 36,800
ROSS STORES, INC. COM 778296103 2,545 58,100 SH SOLE 58,100
ROSS STORES, INC. COM 778296103 2,962 67,600 SH DEFINED 1 67,600
SHAW INDUSTRIES, INC. COM 820286102 1,519 82,100 SH SOLE 82,100
SMURFIT-STONE CONTAINER COM 832727101 1,775 91,900 SH SOLE 91,900
SMURFIT-STONE CONTAINER COM 832727101 3,864 200,100 SH DEFINED 1 200,100
SOUTHERN CO. COM. COM 842587107 669 28,716 SH SOLE 28,716
SPRINT CORP COM 852061100 2,841 28,950 SH SOLE 28,950
SPRINT CORP. (PCS GROUP) COM 852061506 641 14,475 SH SOLE 14,475
TEXAS INSTRS INC. COM. COM 882508104 1,727 17,400 SH SOLE 17,400
TEXAS INSTRS INC. COM. COM 882508104 3,752 37,800 SH DEFINED 1 37,800
TIME WARNER, INC. COM 887315109 5,248 74,100 SH SOLE 74,100
TIME WARNER, INC. COM 887315109 11,110 156,900 SH DEFINED 1 156,900
TRICON GLOBAL REST COM. COM 895953107 941 13,400 SH SOLE 13,400
TRICON GLOBAL REST COM. COM 895953107 2,824 40,200 SH DEFINED 1 40,200
VIACOM INC. CL. B COM 925524308 4,206 50,104 SH SOLE 50,104
WARNER LAMBERT CO. COM. COM 934488107 2,537 38,295 SH SOLE 38,295
WESTPOINT STEVENS INC. COM. COM 961238102 7,787 281,224 SH SOLE 281,224
WESTPOINT STEVENS INC. COM. COM 961238102 13,982 505,000 SH DEFINED 1 505,000
SABRATEK CORP. PUT OPT MAY 20.0 PUT 77299f864 844 1,500 SH PUT SOLE 1,500
REPORT SUMMARY 81 DATA RECORDS 323,657 1 OTHER MANAGER ON WHOSE BEHALF REPORT IS FILED
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