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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, 2000
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Caldwell & Orkin, Inc.
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Address: Suite 150
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6200 The Corners Parkway
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Norcross, Georgia 30092
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Form 13F File Number: 28-2699
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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
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Title: President
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Phone: (678) 533-7850
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Signature, Place and Date of Signing:
/s/ Michael B. Orkin Norcross, Georgia May 8, 2000
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[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
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 managers(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: 71
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Form 13F Information Table Value Total: $185,122
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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
1 28-3468 C & O Funds Advisor, Inc.
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Caldwell & Orkin, Inc.
FORM 13F
March 31, 2000
<TABLE>
<CAPTION>
Voting
Authority
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Title of Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer 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>
ALCOA INC COM 013817101 2501 35600 SH Sole 35600
ALLEGHENY TECHNOLOGIES COM 01741r102 1808 90100 SH Sole 90100
ALLEGIANCE TELECOM COM 01747t102 1234 15300 SH Sole 15300
AT&T CORP - LIBERTY MEDIA -A COM 001957208 3553 59900 SH Sole 59900
ATMEL CORPORATION COM 049513104 1740 33700 SH Sole 33700
BALLARD POWER SYSTEMS, INC. COM 05858h104 406 4800 SH Sole 4800
BARRICK GOLD CORP COM COM 067901108 772 49200 SH Sole 49200
BERKSHIRE HATHAWAY CL.B COM 084670207 4459 2450 SH Sole 2450
BJ'S WHOLESALE CLUB COM 05548J106 2740 71394 SH Sole 71394
CABLEVISION SYSTEMS CORP. COM 12686C109 3080 50700 SH Sole 50700
CBS CORPORATION COM 12490K107 5495 97050 SH Sole 97050
CHAMPION INTERNATIONAL CORP COM 158525105 2279 42800 SH Sole 42800
CLEAR CHANNEL COM 184502102 2852 41300 SH Sole 41300
COMMSCOPE, INC. COM 203372107 6008 131500 SH Sole 131500
COMPAQ COMPUTER CORP COM COM 204493100 2560 94800 SH Sole 94800
CORNING INC COM 219350105 2464 12700 SH Sole 12700
COSTCO WHOLESALE CORP COM 22160k105 3127 59500 SH Sole 59500
DPL INC COM COM 233293109 1705 76850 SH Sole 76850
ECHOSTAR COMMUNICATIONS COM 278762109 2101 26600 SH Sole 26600
EL PASO ENERGY CORP COM 283905107 2075 51400 SH Sole 51400
ELECTRONIC DATA SYSTEMS, INC. COM 285661104 4851 75583 SH Sole 75583
ENSCO INTERNATIONAL INC. COM 26874q100 5520 152800 SH Sole 152800
ERICSSON (LM) TELEPHONE CO ADR COM 294821400 957 10200 SH Sole 10200
FOREST LABS INC. COM 345838106 887 10500 SH Sole 10500
GLOBAL MARINE INC COM 379352404 8270 325900 SH Sole 325900
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
HARSCO CORP. COM 415864107 2350 81200 SH Sole 81200
HOME DEPOT INC COM COM 437076102 4065 63025 SH Sole 63025
HORIZON OFFSHORE, INC. COM 44043j105 279 30200 SH Sole 30200
IMCO RECYCLING INC COM 449681105 579 52300 SH Sole 52300
INTEL CORP COM 458140100 6267 47500 SH Sole 47500
KEY ENERGY SERVICE COM 492914106 462 40000 SH Sole 40000
KULICKE & SOFFA INDUSTRIES COM 501242101 1473 23000 SH Sole 23000
KV PHARMACEUTICAL CO. - CL A COM 482740206 1715 63800 SH Sole 63800
LAM RESH CORP COM COM 512807108 707 15700 SH Sole 15700
LOWES COMPANIES, INC. COM 548661107 1985 34000 SH Sole 34000
LSI LOGIC CORP COM 502161102 675 9300 SH Sole 9300
MARINE DRILLING COMPANY INC. COM 568240204 1965 71600 SH Sole 71600
MICROSOFT CORP COM 594918104 3984 37500 SH Sole 37500
MINNESOTA MNG & MTG CO COM 604059105 11362 128292 SH Sole 128292
MOTOROLA INC. COM 620076109 2973 20363 SH Sole 20363
NABORS INDUSTRIES COM 629568106 9028 232600 SH Sole 232600
NATIONAL SEMICONDUCTOR CORP. COM 637640103 850 14000 SH Sole 14000
NEWPARK RESOURCES COM 651718504 1381 172600 SH Sole 172600
NORTEL NETWORKS CORP COM 656569100 555 4400 SH Sole 4400
ORTHOFIX INTERNATIONAL COM n6748l102 416 23800 SH Sole 23800
PATTERSON ENERGY COM 703414102 5242 165100 SH Sole 165100
PIER 1 IMPORTS, INC. COM 720279108 1025 100000 SH Sole 100000
PRECISION DRILLING CORP. COM 74022d100 981 29400 SH Sole 29400
PRI AUTOMATION INC COM 69357h106 685 11200 SH Sole 11200
PRIDE INTERNATIONAL INC COM 741932107 4927 215400 SH Sole 215400
R&B FALCON CORP. COM 74912e101 2648 134500 SH Sole 134500
RELIASTAR FINANCIAL CORP. COM 75952u103 14438 426200 SH Sole 426200
REMINGTON OIL & GAS COM 759594302 180 42900 SH Sole 42900
ROWAN COMPANIES INC COM 779382100 3309 112400 SH Sole 112400
SPRINT CORP. (PCS GROUP) COM 852061506 327 5000 SH Sole 5000
TANDY CORPORATION COM 875382103 3872 76300 SH Sole 76300
TERADYNE INC COM 880770102 730 8900 SH Sole 8900
TIFFANY & CO. COM 886547108 1313 15700 SH Sole 15700
UNITED TECHNOLOGIES COM 913017109 4322 68400 SH Sole 68400
US CELLULAR CORP. COM 911684108 1278 18000 SH Sole 18000
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
UTI ENERGY CORP COM 903387108 1216 32200 SH Sole 32200
VODAFONE AIRTOUCH COM 92857t107 2300 41400 SH Sole 41400
WAL-MART STORES, INC. COM 931142103 3774 66800 SH Sole 66800
WELLPOINT HEALTH COM 94973h108 3130 44800 SH Sole 44800
4KIDS ENTERTAINMENT PUT AUG 50 PUT 3508658hj 462 175 SH PUT Sole 175
CONSECO INC PUT OPT MAY 25 PUT 2084648ee 316 250 SH PUT Sole 250
DOUBLECLICK PUT JULY 105 PUT 2586098ga 348 145 SH PUT Sole 145
ELOAN PUT OPT MAY 20 PUT 26861p8ed 300 235 SH PUT Sole 235
EMISPHERE PUT JUNE 90 PUT 2913458fr 408 104 SH PUT Sole 104
GETY IMAGES JULY 55 PUTS PUT 3742768gk 407 200 SH PUT Sole 200
RELIASTAR FINANCIAL CALL OPT J CALL 75952u9ge 669 615 SH CALL Sole 615
REPORT SUMMARY 71 DATA RECORDS 185122 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS
FILED
</TABLE>
