CALDWELL & ORKIN FUNDS INC
NSAR-A, 1998-12-30
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<PAGE>      PAGE  1
000 B000000 10/31/98
000 C000000 0000864230
000 D000000 N
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001 A000000 CALDWELL & ORKIN FUNDS, INC.
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007 C010800  8
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008 A00AA01 C&O FUNDS ADVISOR, INC.
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011 A00AA01 C&0 FUNDS DISTRIBUTOR, INC.
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012 A00AA01 COUNTRYWIDE FUND SERVICES, INC.
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013 A00AA01 TAIT WELLER & BAKER
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015 C02AA03 NY
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SIGNATURE   MICHAEL B. ORKIN                             
TITLE       PRESIDENT           
 

<TABLE> <S> <C>

<ARTICLE>                                  6
<LEGEND>
                   THE FOLLOWING FDS HAS BEEN ROUNDED TO THE NEAREST THOUSAND
</LEGEND>
<CIK>                              0000864230
<NAME>                         CALDWELL & ORKIN FUNDS, INC.
<SERIES>
                 <NUMBER>                 01
                 <NAME>        CALDWELL & ORKIN MARKET OPPORTUNITY FUND, INC.
<MULTIPLIER>                           1,000
<CURRENCY>                        US DOLLARS
       
<S>                                <C>
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                  APR-30-1999
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<PERIOD-END>                       OCT-31-1998
<EXCHANGE-RATE>                                     1
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</TABLE>


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