UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, C.C 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Sept 30, 1999
Institutional Investment Manager Filing this Report:
Name: RS Investment Management, Inc.
Address: 388 Market Street, Ste. 200
San Francisco, CA 94111
13F File Number: 28-4862
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: George Randall Hecht
Title: CEO
Phone: (415) 591-2700
Signature, Place, and Date of Signing:
G. Randall Hecht San Francisco, CA November 15, 1999
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF
1934.
<PAGE>
13F Summary Page
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 276
Form 13F Information Table Value Total: 1,380, 195
List of Other Included Managers: None
<PAGE>
<TABLE>
<CAPTION>
Issuer Class Cusip Value Shares Invest Mgrs Votg
(x1,000) Discretion Auth
<S> <C> <C> <C> <C> <C> <C> <C>
AMFM COM 001693100 9,195 151,054SOLE 1 151,054
ATMI COM 00207R101 548 14,700SOLE 1 14,700
Aavid Thermal Tech COM 002539104 372 16,500SOLE 1 16,500
Abgenix COM 00339B107 1,599 40,800SOLE 1 40,800
About.Com COM 003736105 7,661 135,600SOLE 1 135,600
Accrue Software COM 00437w102 6,116 271,800SOLE 1 271,800
Acme Comm COM 004631107 450 14,500SOLE 1 14,500
Active Software COM 00504E100 4,612 192,650SOLE 1 192,650
Adaptive Broadband COM 00650m104 1,956 58,400SOLE 1 58,400
Advent Software COM 007974108 5,556 89,250SOLE 1 89,250
Albany Mol Rsrch COM 012423109 251 10,000SOLE 1 10,000
Alkermes COM 01642t108 2,328 80,800SOLE 1 80,800
Allaire COM 016714107 902 16,100SOLE 1 16,100
Allegiance Telecom COM 01747t102 13,198 250,800SOLE 1 250,800
Alpha Industries COM 020753109 8,929 158,300SOLE 1 158,300
Amazon.com COM 023135106 7,194 90,000SOLE 1 90,000
America Online COM 02364j104 12,875 123,800SOLE 1 123,800
Amer Eagle Outfitters COM 02553e106 7,266 150,000SOLE 1 150,000
American Tower Cl A 029912201 6,408 326,500SOLE 1 326,500
American Xtal Tech COM 030514103 1,246 58,300SOLE 1 58,300
Amerisource Health COM 03071P102 730 30,800SOLE 1 30,800
AnnTaylor Stores COM 036115103 4,088 100,000SOLE 1 100,000
AnswerThink Consul COM 036916104 343 35,600SOLE 1 35,600
App Micro Circuits COM 03822w109 6,150 107,896SOLE 1 107,896
Ariba COM 04033V104 5,058 35,000SOLE 1 35,000
Art Tech Grp COM 04289L107 3,806 100,000SOLE 1 100,000
Aspect Dev COM 045234101 1,792 70,800SOLE 1 70,800
Atmel COM 049513104 3,381 100,000SOLE 1 100,000
@plan.inc COM 04962q100 3,189 288,300SOLE 1 288,300
Audible COM 05069a104 223 21,200SOLE 1 21,200
Bea Systems COM 073325102 14,139 400,400SOLE 1 400,400
Bebe Stores COM 075571109 1,544 64,000SOLE 1 64,000
Bed Bath & Beyond COM 075896100 17,864 511,300SOLE 1 511,300
Best Software COM 086579109 275 13,900SOLE 1 13,900
Bindview Dev COM 090327107 6,984 354,750SOLE 1 354,750
Biomatrix COM 09060p102 4,559 203,200SOLE 1 203,200
Blue Rhino COM 095811105 93 14,200SOLE 1 14,200
Bluestone Software COM 09623P102 333 14,400SOLE 1 14,400
Brio Tech COM 109704106 6,958 312,700SOLE 1 312,700
Broadbase Software COM 11130R100 367 23,000SOLE 1 23,000
Broadvision COM 111412102 16,311 122,585SOLE 1 122,585
Business Objects S.A. Spons12328x107 16,207 274,700SOLE 1 274,700
CEC Entertainment COM 125137109 271 7,550SOLE 1 7,550
C/Net COM 125945105 7,526 134,400SOLE 1 134,400
CapRock Comm COM 140667106 3,007 129,350SOLE 1 129,350
Career Education COM 141665109 212 7,300SOLE 1 7,300
CareMatrix COM 141706101 101 19,500SOLE 1 19,500
CIENA COM 171779101 8,395 230,000SOLE 1 230,000
Citadel Comm COM 172853202 12,229 358,350SOLE 1 358,350
Clarent COM 180461105 15,735 308,900SOLE 1 308,900
Closure Medical COM 189093107 159 11,700SOLE 1 11,700
Cobalt Grp COM 19074q103 2,669 276,450SOLE 1 276,450
Commerce One COM 200693109 4,886 50,000SOLE 1 50,000
Concentric Network COM 20589r107 10,424 513,200SOLE 1 513,200
Conexant Systems COM 207142100 13,718 188,800SOLE 1 188,800
Consolidated Products COM 209798107 526 53,900SOLE 1 53,900
Cornell Corrections COM 219141108 364 22,250SOLE 1 22,250
Cox Radio COM 224051102 14,173 238,200SOLE 1 238,200
Credit Trust COM 225429109 204 9,100SOLE 1 9,100
Cree Research COM 225447101 8,566 252,400SOLE 1 252,400
Cumulus Media COM 231082108 7,580 231,900SOLE 1 231,900
Cybex COM 232522102 557 16,700SOLE 1 16,700
CYTYC COM 232946103 17,560 453,900SOLE 1 453,900
Destia Comm COM 25063e100 791 63,250SOLE 1 63,250
Digex COM 253756100 6,525 275,450SOLE 1 275,450
Digital Microwave COM 253859102 276 17,600SOLE 1 17,600
Dionex COM 254546104 2,138 50,000SOLE 1 50,000
Ditech Comm COM 25500M103 6,032 114,900SOLE 1 114,900
DoubleClick COM 258609304 8,553 71,800SOLE 1 71,800
Duane Reade COM 263578106 365 12,100SOLE 1 12,100
Dusa Pharma COM 266898105 2,460 175,700SOLE 1 175,700
E.piphany COM 26881V100 812 16,650SOLE 1 16,650
ESPS COM 269129102 3,022 352,900SOLE 1 352,900
E-Tek Dynamics COM 269240107 18,396 339,100SOLE 1 339,100
Earthlink Network COM 270322100 5,616 130,800SOLE 1 130,800
Echostar Comm COM 278762109 20,406 224,700SOLE 1 224,700
Eclipse Surgical Tech COM 278849104 4,199 254,500SOLE 1 254,500
Eco Soil Systems COM 278858105 101 14,600SOLE 1 14,600
ECsoft Grp plc COM 279240105 275 20,000SOLE 1 20,000
Edgar Online COM 279765101 140 18,800SOLE 1 18,800
Egain Comm COM 28225C103 285 15,400SOLE 1 15,400
Electric Lightwave COM 284895109 648 48,900SOLE 1 48,900
Electronic Arts COM 285512109 10,856 150,000SOLE 1 150,000
Emmis Comm Cl A 291525103 22,144 335,200SOLE 1 335,200
Entercom Comm COM 293639100 2,984 82,900SOLE 1 82,900
Exchange Applications COM 300867108 2,235 76,900SOLE 1 76,900
Extended Stay America COM 30224P101 348 38,700SOLE 1 38,700
Extreme Network COM 30226d106 4,748 75,000SOLE 1 75,000
Factory 2-U COM 303072102 5,219 174,700SOLE 1 174,700
Faro Tech COM 311642102 106 30,700SOLE 1 30,700
Faroudja COM 311643100 145 45,600SOLE 1 45,600
FileNet COM 316869106 1,069 100,000SOLE 1 100,000
Financial Federal COM 317492106 5,498 293,200SOLE 1 293,200
Flycast Comm COM 344067103 2,275 50,000SOLE 1 50,000
Forward Air COM 349853101 5,873 248,600SOLE 1 248,600
Foundry Networks COM 35063R100 1,821 14,450SOLE 1 14,450
Four Seasons Hotels COM 35100e104 6,837 187,000SOLE 1 187,000
Garden.com COM 365199108 818 43,350SOLE 1 43,350
Garden Fresh RestaurantCOM 365235100 870 56,800SOLE 1 56,800
Gilead Sciences COM 375558103 5,295 82,500SOLE 1 82,500
Globespan Semi COM 379571102 1,446 22,900SOLE 1 22,900
Goto.com COM 38348T107 9,070 174,000SOLE 1 174,000
Harbinger COM 41145c103 522 30,950SOLE 1 30,950
Harmonic Lightwaves COM 413160102 4,238 32,400SOLE 1 32,400
Hearst-Argyle TelevisioCOM 422317107 2,150 100,000SOLE 1 100,000
HI/FN COM 428358105 265 2,400SOLE 1 2,400
Hispanic Broadcasting Cl A 43357B104 11,335 148,900SOLE 1 148,900
Homestore.Com COM 437852106 6,111 146,600SOLE 1 146,600
Hot Topic COM 441339108 358 13,150SOLE 1 13,150
HotJobs.com COM 441474103 13,217 520,850SOLE 1 520,850
ICG Comm COM 449246107 4,213 270,700SOLE 1 270,700
ISS Grp COM 450306105 3,796 139,300SOLE 1 139,300
ITXC COM 45069f109 1,544 48,550SOLE 1 48,550
Infinity Broadcasting COM 45662s102 11,614 396,200SOLE 1 396,200
Informatica COM 45666Q102 3,791 74,700SOLE 1 74,700
Infospace.com COM 45678t102 4,108 99,900SOLE 1 99,900
Interactive IntelligencCOM 45839M103 1,211 52,650SOLE 1 52,650
InterNAP Network Svcs COM 45885A102 1,473 33,000SOLE 1 33,000
Interspeed COM 46070W107 249 14,150SOLE 1 14,150
Investment Tech Grp COM 46145f105 3,087 134,223SOLE 1 134,223
Jones Medical IndustrieCOM 480236108 386 11,700SOLE 1 11,700
Kendle Intl COM 48880l107 177 22,300SOLE 1 22,300
Keynote Systems COM 493308100 201 8,050SOLE 1 8,050
Knight/Trimark Grp COM 499067106 6,941 234,300SOLE 1 234,300
Krause's Furniture COM 500760202 172 91,800SOLE 1 91,800
Labor Ready COM 505401208 1,853 184,175SOLE 1 184,175
Lamar Advertising COM 512815101 10,516 212,450SOLE 1 212,450
Laser Vision Centers COM 51807h100 6,036 430,200SOLE 1 430,200
Legato Systems COM 524651106 8,135 186,600SOLE 1 186,600
LeukoSite COM 52728r102 3,433 170,600SOLE 1 170,600
LifeCell COM 531927101 311 54,100SOLE 1 54,100
Linens 'N Things COM 535679104 5,056 149,800SOLE 1 149,800
Liquid Audio COM 53631T102 4,484 121,200SOLE 1 121,200
Luminant Worldwide COM 550260103 1,871 60,850SOLE 1 60,850
Lycos COM 550818108 11,148 222,400SOLE 1 222,400
MBNA COM 55262l100 5,959 261,200SOLE 1 261,200
Macrovision COM 555904101 6,204 139,800SOLE 1 139,800
Macromedia COM 556100105 11,645 284,900SOLE 1 284,900
McleodUSA COM 582266102 11,611 272,800SOLE 1 272,800
Medarex COM 583916101 2,973 417,300SOLE 1 417,300
Mede America COM 584067102 216 9,400SOLE 1 9,400
Media Metrix COM 58440X103 1,066 15,250SOLE 1 15,250
Medialink Worldwide COM 58445p105 194 18,500SOLE 1 18,500
Medicis Pharma COM 584690309 3,235 113,500SOLE 1 113,500
Medimmune COM 584699102 12,626 126,700SOLE 1 126,700
Medscape COM 585046105 1,636 161,600SOLE 1 161,600
MemberWorks COM 586002107 5,564 166,700SOLE 1 166,700
Mens Wearhouse COM 587118100 258 12,000SOLE 1 12,000
Mercury Interactive COM 589405109 15,760 244,100SOLE 1 244,100
Metro One TeleComm COM 59163f105 301 15,700SOLE 1 15,700
Metromedia Fiber Ntwk Cl A 591689104 4,510 184,100SOLE 1 184,100
Microfinancial COM 595072109 1,911 175,700SOLE 1 175,700
Micromuse COM 595094103 1,921 29,900SOLE 1 29,900
Millennium Pharma COM 599902103 1,300 20,000SOLE 1 20,000
Molecular Devices COM 60851c107 272 9,900SOLE 1 9,900
Monaco Coach COM 60886r103 205 8,400SOLE 1 8,400
Multex.com COM 625367107 2,318 181,800SOLE 1 181,800
NCO Grp COM 628858102 503 10,700SOLE 1 10,700
National Info ConsortiuCOM 636491102 8,305 336,400SOLE 1 336,400
Nationwide Fin Svcs COM 638612101 343 9,700SOLE 1 9,700
Natrol COM 638789107 191 23,500SOLE 1 23,500
Netegrity COM 64110p107 9,440 387,300SOLE 1 387,300
Netopia COM 64114k104 21,172 530,950SOLE 1 530,950
Netro COM 64114R109 275 10,050SOLE 1 10,050
Net IQ COM 64115p102 8,713 294,100SOLE 1 294,100
Netscout Systems COM 64115T104 832 38,800SOLE 1 38,800
Network Appliance COM 64120l104 11,267 157,300SOLE 1 157,300
Network Solutions COM 64121q102 26,322 286,500SOLE 1 286,500
Netzero COM 64122R109 502 19,300SOLE 1 19,300
Nextcard COM 65332k107 412 16,800SOLE 1 16,800
NextLink Comm Cl A 65333h707 6,885 132,800SOLE 1 132,800
Neilson Media Research COM 653929307 5,917 159,100SOLE 1 159,100
99 Cents Only Stores COM 65440k106 596 16,500SOLE 1 16,500
NVIDIA COM 67066g104 1,942 100,900SOLE 1 100,900
On Assignment COM 682159108 4,990 207,900SOLE 1 207,900
Optimal Robotics COM 68388r208 219 12,150SOLE 1 12,150
Outdoor Systems COM 690057104 10,296 288,000SOLE 1 288,000
P-Com COM 693262107 188 26,900SOLE 1 26,900
PRI Automation COM 69357h106 238 6,600SOLE 1 6,600
Panamsat COM 697933109 8,764 242,600SOLE 1 242,600
Parexel Intl COM 699462107 109 11,900SOLE 1 11,900
Paxson Comm COM 704231109 6,355 518,800SOLE 1 518,800
Peregrine Systems COM 71366q101 982 24,100SOLE 1 24,100
Performance Tech COM 71376k102 529 23,450SOLE 1 23,450
Pervasive Software COM 715710109 1,480 42,900SOLE 1 42,900
Pharmacyclics COM 716933106 3,156 77,200SOLE 1 77,200
Pinnacle holdings COM 72346n101 10,842 415,000SOLE 1 415,000
Pivotal COM 72581r106 2,174 121,200SOLE 1 121,200
Power Integrations COM 739276103 13,864 200,200SOLE 1 200,200
Powerwave Tech COM 739363109 7,103 147,300SOLE 1 147,300
Primus Knowledge Sol COM 74163Q100 16,285 590,850SOLE 1 590,850
Primus TeleComm COM 741929103 11,000 523,800SOLE 1 523,800
Professional Detailing COM 74312n107 407 15,700SOLE 1 15,700
Protein Design Labs COM 74369l103 1,503 41,600SOLE 1 41,600
Proxicom COM 744282104 18,638 318,600SOLE 1 318,600
PsiNet COM 74437c101 7,233 201,100SOLE 1 201,100
QLT Phototherapeutics COM 746927102 7,644 100,000SOLE 1 100,000
QRS COM 74726X105 1,141 17,800SOLE 1 17,800
QLogic COM 747277101 440 6,300SOLE 1 6,300
Quest Software COM 74834T103 686 14,750SOLE 1 14,750
Quicksilver COM 74838c106 1,229 67,350SOLE 1 67,350
RSA Security COM 749719100 449 16,900SOLE 1 16,900
RF Micro Devices COM 749941100 10,596 231,600SOLE 1 231,600
Radio One COM 75040P108 3,059 73,700SOLE 1 73,700
Rare Hospitality Intl COM 753820109 294 13,600SOLE 1 13,600
RealNetworks COM 75605l104 24,018 229,700SOLE 1 229,700
Regis COM 758932107 256 13,300SOLE 1 13,300
Remec COM 759543101 194 14,100SOLE 1 14,100
Rent-A-Center COM 76009N100 318 17,100SOLE 1 17,100
Res-Care COM 760943100 241 14,200SOLE 1 14,200
Research in Motion COM 760975102 11,926 385,500SOLE 1 385,500
ResMed COM 761152107 6,887 208,300SOLE 1 208,300
ResortQuest Intl COM 761183102 118 12,700SOLE 1 12,700
SEI Investments COM 784117103 8,830 98,900SOLE 1 98,900
Sagent Tech COM 786693101 1,851 196,100SOLE 1 196,100
Sandisk COM 80004c101 5,482 84,100SOLE 1 84,100
Sanmina COM 800907107 8,898 115,000SOLE 1 115,000
Sawtek COM 805468105 15,134 432,400SOLE 1 432,400
Scient COM 80864h109 11,686 182,600SOLE 1 182,600
Scientific Learning COM 808760102 5,308 316,900SOLE 1 316,900
Shopnow.com COM 82508R105 559 48,100SOLE 1 48,100
Siebel Software COM 826170102 17,522 263,000SOLE 1 263,000
Silicon Storage Tech COM 827057100 1,283 90,800SOLE 1 90,800
Silknet Software COM 827094103 8,123 176,100SOLE 1 176,100
Silver Stream Software COM 827907106 798 25,650SOLE 1 25,650
Slair Broadcast COM 829226109 3,668 404,700SOLE 1 404,700
Skywest COM 830879102 285 13,000SOLE 1 13,000
Software.Com COM 83402p104 4,948 115,400SOLE 1 115,400
SportsLine USA COM 848934105 8,428 285,100SOLE 1 285,100
Student Advantage COM 86386Q105 5,703 495,900SOLE 1 495,900
Superior Consul Hldgs COM 868146101 166 14,100SOLE 1 14,100
surModics COM 868873100 705 47,400SOLE 1 47,400
TSI Intl Software Ltd. COM 872879101 8,064 297,300SOLE 1 297,300
TMP Worldwide COM 872941109 6,848 112,500SOLE 1 112,500
Taiwan Semi Spons874039100 4,612 156,333SOLE 1 156,333
Tanning Tech COM 87588p101 2,927 111,500SOLE 1 111,500
Teligent Cl A 87959y103 3,791 76,300SOLE 1 76,300
Teletch Holdings COM 879939106 1,425 100,000SOLE 1 100,000
Tibco Software COM 88632q103 1,195 39,700SOLE 1 39,700
T-Master Online-CityseaCOM 88633p203 5,113 211,400SOLE 1 211,400
TIVO COM 888706108 681 22,750SOLE 1 22,750
Towne Svcs COM 892148107 88 27,700SOLE 1 27,700
Transaction Network SvcCOM 893414102 459 11,700SOLE 1 11,700
Trans Syst Architects COM 893416107 4,041 150,000SOLE 1 150,000
TransSwitch COM 894065101 6,869 120,500SOLE 1 120,500
Trex COM 89531p105 356 13,400SOLE 1 13,400
Triquint Semiconductor COM 89674K103 9,179 160,500SOLE 1 160,500
24/7 Media COM 901314104 16,631 439,100SOLE 1 439,100
United Global.Com COM 913247508 8,366 116,800SOLE 1 116,800
Univision Comm COM 914906102 19,473 239,300SOLE 1 239,300
USWEB COM 917327108 1,716 50,000SOLE 1 50,000
Valuevision Intl COM 92047k107 484 18,600SOLE 1 18,600
Varian Semiconductors COM 922207105 5,965 283,200SOLE 1 283,200
Verio COM 923433106 8,761 282,600SOLE 1 282,600
Veritas Software COM 923436109 8,634 113,700SOLE 1 113,700
Verity COM 92343c106 7,067 102,700SOLE 1 102,700
Vertex Pharma COM 92532f100 317 10,200SOLE 1 10,200
Viatel COM 925529208 2,312 78,200SOLE 1 78,200
Vignette COM 926734104 11,195 123,700SOLE 1 123,700
Visible Genetics COM 92829S104 2,698 143,900SOLE 1 143,900
Visx COM 92844s105 8,083 102,200SOLE 1 102,200
Vitria Tech COM 92849Q104 254 6,900SOLE 1 6,900
Waddell & Reed Fin COM 930059100 3,020 136,100SOLE 1 136,100
Webstakes.com COM 94768K100 117 13,150SOLE 1 13,150
Wink Comm COM 974168106 985 22,550SOLE 1 22,550
Wyndham Intl COM 983101106 1,304 496,700SOLE 1 496,700
Xomed Surgical ProductsCOM 98412v107 7,741 135,800SOLE 1 135,800
Xoom.com COM 98413f101 17,612 354,900SOLE 1 354,900
Yesmail.com COM 98583Q101 1,954 183,950SOLE 1 183,950
Young Broadcasting Cl A 987434107 2,210 42,200SOLE 1 42,200
Annuity & Life Re ORD g03910109 381 15,300SOLE 1 15,300
Gemstar Intl Grp LTD ORD g3788v106 15,188 194,400SOLE 1 194,400
BackWeb Tech ORD M15633106 326 19,150SOLE 1 19,150
Check Pt Software Tech ORD m22465104 18,585 220,100SOLE 1 220,100
Galileo Tech Ltd. ORD m47298100 5,000 200,000SOLE 1 200,000
M-Systems Flash Disk ORD M7061C100 1,026 96,000SOLE 1 96,000
</TABLE>
