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 [ ]; Amendment Number: ____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Princeton Capital Management, Inc.
Address: 47 Hulfish Street, Suite 500
Princeton, New Jersey 08542
Form 13F File Number: 28-7092
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: Ann W. Elmes
Title: Director
Phone: (609) 924-6867
Signature, Place, and Date of Signing:
Ann W. Elmes Princeton, New Jersey 5/18/99
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ ] 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
managers(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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-____________ ________________________________
[Repeat as necessary.]
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Manager: -0-
Form 13F Information Table Entry Total: 110
Form 13F Information Table Value Total: $ 111,019
(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.
NONE
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PRINCETON CAPITAL MANAGEMENT
FORM 13F
March 31, 1999
Voting Authority
----------------------
Title Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer of class CUSIP (x$1000)Prn Amt Prn Call Dscretn Managers Sole Shared None
- ----------------------------- --------- ---------------- --- ---- ------- -------- ---------------------
AMERITECH COM 030954101 595 10332 SH Sole 2096 8236
ATT COM 001957109 3098 38813 SH Sole 762 6564 31487
Abbott Laboratories COM 002824100 2316 49467 SH Sole 400 14000 35067
Adobe Systems COM 00724F101 1053 18550 SH Sole 500 2450 15600
American Home Prod COM 026609107 155 2380 SH Sole 2380
American Intl Group COM 026874107 355 2945 SH Sole 2945
Anadarko Petroleum COM 032511107 438 11600 SH Sole 11600
Andrew Corp COM 034425108 315 25600 SH Sole 25600
Aspect Telecommunic COM 045237104 600 90600 SH Sole 7000 83600
Atlantic Richfield COM 048825103 219 3000 SH Sole 1600 200 1200
BCE Inc. COM 05534B109 182 4100 SH Sole 4100
BP Amoco COM 055622104 2587 25610 SH Sole 7543 6218 11849
Banc One COM 06423A103 647 11748 SH Sole 5864 5884
Bell Atlantic COM 077853109 889 17190 SH Sole 3400 13790
BellSouth COM 079860102 943 23544 SH Sole 2800 7200 13544
Bergen Brunswig COM 083739102 634 31682 SH Sole 800 1000 29882
Billing Concepts COM 090063108 475 40000 SH Sole 1000 39000
Biochem Pharma COM 09058T108 271 12700 SH Sole 12700
Boeing COM 097023105 602 17700 SH Sole 1000 16700
Bristol Myers Squib COM 110122108 577 9000 SH Sole 4800 4200
COMSAT Corp COM 20564D107 156 5400 SH Sole 5400
Catalina Marketing COM 148867104 700 8150 SH Sole 8150
Caterpillar COM 149123101 387 8418 SH Sole 8418
Celgene Corp. COM 151020104 848 53000 SH Sole 2000 51000
Checkpoint COM 162825103 222 26700 SH Sole 26700
Chevron COM 166751107 1804 20328 SH Sole 6775 1325 12228
Chiron COM 170040109 594 27088 SH Sole 1350 3600 22138
Cigna COM 125509109 1479 17652 SH Sole 5100 1800 10752
Cisco Systems COM 17275R102 266 2424 SH Sole 1000 675 749
Citigroup COM 172967101 1046 16381 SH Sole 892 2400 13089
Comcast COM 200300101 307 5000 SH Sole 5000
Concord EFS COM 206197105 738 26768 SH Sole 26768
Dell Computer COM 247025109 507 12400 SH Sole 1000 11400
Eastman Kodak COM 277461109 777 12168 SH Sole 1735 3850 6583
Enron Corp COM 293561106 858 13348 SH Sole 5156 8192
Enron Oil & Gas COM 293562104 178 10700 SH Sole 3300 7400
Enterprise Software COM 29379K107 67 10000 SH Sole 10000
Epitope COM 294261102 114 22850 SH Sole 22850
Exxon COM 302290101 2562 36310 SH Sole 8000 5932 22378
Ford Motor COM 345370100 1070 18882 SH Sole 2300 4900 11682
GTE Corp COM 362320103 643 10634 SH Sole 200 700 9734
Galileo COM 363544107 244 50000 SH Sole 50000
General Electric COM 369604103 9601 86790 SH Sole 21775 27100 37915
General Instruments COM 370120107 1007 33232 SH Sole 900 3800 28532
Genzyme COM 372917104 694 13750 SH Sole 13750
Georgia Pacific COM 373298108 282 3800 SH Sole 3000 800
Guidant COM 401698105 508 8400 SH Sole 8400
Hadco COM 404681108 346 11000 SH Sole 11000
Harbinger COM 41145C103 654 96900 SH Sole 2600 94300
Hewlett Packard COM 428236103 1029 15174 SH Sole 960 3400 10814
Highwoods Propertie COM 431284108 279 11850 SH Sole 11850
Indigo COM N44495104 1340 258400 SH Sole 29000 229400
Informix COM 456779107 190 25800 SH Sole 7800 18000
Intel COM 458140100 414 3480 SH Sole 248 3232
Interpublic Group COM 460690100 945 12140 SH Sole 10807 1333
J P Morgan & Co. COM 616880100 1438 11658 SH Sole 6650 5008
Jefferson-Pilot COM 475070108 716 10575 SH Sole 10575
Johnson & Johnson COM 478160104 1717 18366 SH Sole 4800 800 12766
Keane COM 486665102 409 19200 SH Sole 2000 17200
Lilly (Eli) COM 532457108 1231 14500 SH Sole 1000 13500
Lucent Technologies COM 549463107 2430 22503 SH Sole 368 5572 16563
Martek COM 572901106 733 130342 SH Sole 64842 65500
McGraw Hill COM 580645109 610 11200 SH Sole 400 6400 4400
MediaOne Group COM 58440J104 533 8400 SH Sole 8400
Medtronic COM 585055106 546 7600 SH Sole 7600
Mercantile Bankshar COM 587405101 366 9890 SH Sole 4945 4945
Merck COM 589331107 4529 56522 SH Sole 6800 16300 33422
Microware COM 595150103 403 214750 SH Sole 89650 500 124600
Motorola COM 620076109 1662 22683 SH Sole 1510 5200 15973
Norfolk Southern COM 655844108 783 29700 SH Sole 3000 12800 13900
Optical Coating Lab COM 683829105 1517 31600 SH Sole 31600
PSS World Medical COM 69366A100 844 95782 SH Sole 8450 9500 77832
Panamerican Beverag COM P74823108 457 26000 SH Sole 26000
Paxar COM 704227107 228 30674 SH Sole 30674
Paychex COM 704326107 370 7800 SH Sole 7800
Pfizer COM 717081103 320 2309 SH Sole 200 2109
Philip Morris COM 718154107 245 6960 SH Sole 1750 300 4910
Procter & Gamble COM 742718109 788 8050 SH Sole 8050
Protocol COM 74371R106 162 26950 SH Sole 26950
QRS Corp COM 74837W103 688 11000 SH Sole 11000
RIBI Immunochem COM 762553105 35 21000 SH Sole 21000
Reliant Energy COM 442161105 208 8000 SH Sole 8000
Resound COM 761194109 442 117900 SH Sole 7000 110900
SBC Communications COM 78387G103 218 4622 SH Sole 4622
Sangstat Medical Co COM 801003104 517 41800 SH Sole 1000 40800
Schering Plough COM 806605101 6561 118760 SH Sole 14000 29000 75760
Scientific-Atlanta COM 808655104 2326 85349 SH Sole 4000 5700 75649
Sepracor COM 817315104 3766 33554 SH Sole 4400 4900 24254
Shared Medical Sys COM 819486101 2321 41682 SH Sole 800 6400 34482
Shaw Industries COM 820286102 6441 348158 SH Sole 80500 126500 141158
Southern Company COM 842587107 251 10750 SH Sole 4200 550 6000
SpectRx COM 847635109 223 35000 SH Sole 35000
St. John Knits COM 790289102 398 15100 SH Sole 15100
Sterling Software COM 859547101 542 22818 SH Sole 352 6504 15962
Summit Bancorp COM 866005101 774 19850 SH Sole 8550 8900 2400
Sun Microsystems COM 866810104 2312 18484 SH Sole 900 2600 14984
Synovus Financial COM 87161C105 565 27562 SH Sole 27562
Tel Offhsore Trust COM 872382106 100 28000 SH Sole 28000
Texaco COM 881694103 296 5216 SH Sole 1200 250 3766
Union Pacific COM 907818108 1215 22730 SH Sole 3674 4700 14356
Union Pacific Resou COM 907834105 444 37371 SH Sole 2680 7000 27691
United Technologies COM 913017109 677 5000 SH Sole 5000
Wachovia Bank COM 929771103 718 8842 SH Sole 200 8642
Warner Lambert COM 934488107 258 3900 SH Sole 700 3200
XEIKON NV COM 984003103 1426 52100 SH Sole 1000 51100
Xerox COM 984121103 2052 39364 SH Sole 800 4350 34214
Zions Bancorporatio COM 989701107 731 11000 SH Sole 11000
duPont COM 263534109 1113 19175 SH Sole 6900 12275
Pacific Telesis Fin PFD 694889205 258 10000 SH Sole 10000
TransCanada Pipelin PFD 893526723 293 11500 SH Sole 11500
REPORT SUMMARY 110 DATA RECORD 111019 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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