FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
Name: Brown Capital Management, Inc.
Address: 1201 N. Calvert Street
Baltimore, MD 21202
13F File Number:
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: Eddie C. Brown
Title: President
Phone: 410-837-3234
Signature, Place, and Date of Signing:
Eddie C. Brown Baltimore, MD
Report Type (Check only one):
[X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NA
Form 13F information Table Entry Total: 176
Form 13F Information Table Value Total: $5750315
List of Other Included Managers: NA
No. 13F File Number Name
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER
VOTING AUTHORITY
NAME OF ISSUER TITLE OF 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>
ADC Telecommunications com 000886101 145568 2701950.00SH SOLE
1257000.00 1444950.00
AES Corporation com 00130h105 52469 666275.00SH SOLE
279910.00 23500.00362865.00
AFLAC, Inc. com 001055102 105079 2306259.00SH SOLE
877848.00109300.001319111.00
Acxiom Corporation com 005125109 27800 836100.00SH SOLE
761600.00 74500.00
Acxiom Corporation com 005125109 15966 480167.00SH SOLE
162767.00 317400.00
Advent Software com 007974108 44338 966500.00SH SOLE
904800.00 61700.00
Advent Software Inc. com 007974108 7510 163700.00SH SOLE
163700.00
Affymetrix Inc. com 00826T108 21805 146900.00SH SOLE
135300.00 11600.00
Albany Molecular Research com 012423109 26502 454000.00SH SOLE
417600.00 36400.00
Altera Corporation com 021441100 104873 1175050.00SH SOLE
553000.00 51400.00570650.00
Alza com 022615108 14154 376800.00SH SOLE
352100.00 24700.00
Alza com 022615108 47003 1251339.00SH SOLE
504784.00 46200.00700355.00
Amdocs Ltd. com G02602103 9881 134100.00SH SOLE
12200.00 121900.00
American Software A com 029683109 39803 2843100.00SH SOLE
2574600.00 268500.00
American Tel & Tel com 001957109 91866 1633166.00SH SOLE
787993.00 845173.00
American Tower Corporation Cla com 029912201 1111 22500.00 SH SOLE
22500.00
Applied Analytical Inds. Inc. com 037939105 22460 2151900.00SH SOLE
2003900.00 148000.00
BMC Software com 055921100 1322 26768.00 SH SOLE
26768.00
BMC Software com 055921100 6979 141341.00SH SOLE
139777.00 1564.00
BP Amoco com 055622104 1254 23638.00 SH SOLE
23638.00
Biomet com 090613100 5351 147100.00SH SOLE
24700.00 122400.00
Bioreliance Corp. com 090951104 7052 1312000.00SH SOLE
1215200.00 96800.00
Bisys com 055472104 31831 478660.00SH SOLE
440260.00 38400.00
Bisys Group Inc. com 055472104 10879 163600.00SH SOLE
13800.00 149800.00
Boston Scientific Corp com 101137107 584 27400.00 SH SOLE
27400.00
CFI Proservice com 12525N100 6651 976300.00SH SOLE
887200.00 89100.00
Cardinal Health Inc. com 14149Y108 133427 2908497.75SH SOLE
1224994.75125900.001557603.00
Carnival Corp CL A com 143658102 89097 3590800.00SH SOLE
1550800.00 2040000.00
Catalina Marketing com 148867104 11603 114600.00SH SOLE
109900.00 4700.00
Catalina Marketing com 148867104 13386 132210.00SH SOLE
52110.00 80100.00
Century Telephone Enterprises com 156700106 6697 180400.00SH SOLE
10100.00 170300.00
Cerner com 156782104 23517 871005.00SH SOLE
812105.00 58900.00
Chase Manhattan Bank com 16161A108 62550 717424.00SH SOLE
265726.00 80900.00370798.00
Cheesecake Factory com 163072101 37152 892549.00SH SOLE
795799.00 96750.00
Cheesecake Factory com 163072101 601 14430.00 SH SOLE
14430.00
Chirex, Inc. com 170038103 25820 1341300.00SH SOLE
1239183.00 102117.00
Cintas Corp. com 172908105 12993 331550.00SH SOLE
107000.00 224550.00
Cisco Systems com 17275R102 5183 67036.00 SH SOLE
67036.00
Cit Group com 125577106 3958 203000.00SH SOLE
203000.00
Citigroup, Inc. com 172967101 73608 1241021.00SH SOLE
554475.00 686546.00
Clear Channel Communications I com 184502102 483 7000.00 SH SOLE
7000.00
Coca-Cola com 191216100 261 5555.00 SH SOLE
5555.00
Cognex Corp com 192422103 32230 558704.00SH SOLE
526704.00 32000.00
Computer Associates Int'l. com 204912109 6286 106200.90SH SOLE
50875.02 55325.88
Compuware Corp. com 205638109 73692 3498740.00SH SOLE
1457665.00137000.001904075.00
Concord Communications Inc. com 206186108 20651 580700.00SH SOLE
536000.00 44700.00
Cordiant Communications Group com 218514206 4455 143129.28SH SOLE
143129.28
Corning Inc. com 219350105 66779 344220.00SH SOLE
175745.00 168475.00
Covance Inc com 222816100 6792 631800.00SH SOLE
199700.00 432100.00
Dairy Farm Intl Holdings - 900 com 6180274 18 27700.00 SH SOLE
27700.00
Danaher com 235851102 73966 1450310.00SH SOLE
684720.00 765590.00
Datastream Systems, Inc com 238124101 61129 2107900.00SH SOLE
1968500.00 139400.00
Dell Computer Corp. com 247025109 70151 1300590.00SH SOLE
632705.00 47000.00620885.00
Dendrite Intl Inc. com 248239105 24914 1189900.00SH SOLE
1119750.00 70150.00
Diagnostic Products com 252450101 32758 1340500.00SH SOLE
1231800.00 108700.00
Dial Corp. com 25247d101 26898 1956225.00SH SOLE
826300.00 1129925.00
Disney, Walt com 254687106 419 10138.00 SH SOLE
120.00 10018.00
Dollar General Corp. com 256669102 116493 4334624.59SH SOLE
1868290.97166362.002299971.62
Dollar Tree Stores com 256747106 12036 230900.00SH SOLE
23600.00 207300.00
EDS com 285661047 3915 61000.00 SH SOLE
61000.00
EMC Corporation com 268648102 98066 784528.00SH SOLE
311468.00 51440.00421620.00
Eclipse Surgical Tech Inc. com 278849104 14782 1987500.00SH SOLE
1834819.00 152681.00
Engineering Animation Inc. com 292872108 7464 566000.00SH SOLE
503100.00 62900.00
Equifax Inc. com 294429105 80158 3174566.00SH SOLE
1409280.00 1765286.00
Exxon Mobil Corp com 30231g102 807 10376.00 SH SOLE
56.00 10320.00
FRITZ Companies com 358846103 997 98500.00 SH SOLE
98500.00
Fair Issac & Co com 303250104 36982 951300.00SH SOLE
884700.00 66600.00
Fastenal com 311900104 8187 171000.00SH SOLE
155000.00 16000.00
Fastenal com 311900104 91661 1914600.00SH SOLE
836900.00 92500.00985200.00
FiServ com 337738108 78119 2100683.00SH SOLE
888174.00112600.001099909.00
Flow International Corp com 343468104 21212 1805300.00SH SOLE
1673500.00 131800.00
Franklin Resources Inc. com 354613101 59055 1766126.00SH SOLE
715300.00 95200.00955626.00
G & K Services CL A com 361268105 1026 52500.00 SH SOLE
45300.00 7200.00
GTE Corp. com 362320103 818 11518.00 SH SOLE
11518.00
Gene Logic Inc. com 368689105 3866 91900.00 SH SOLE
86900.00 5000.00
General Electric com 369604103 131004 844165.00SH SOLE
396300.00 447865.00
General Growth Properties Inc. com 370021107 513 16870.00 SH SOLE
16870.00
Global Telesystems Group Inc com 37936u104 213 10400.00 SH SOLE
10400.00
Guidant Corp. com 401698105 57952 985363.00SH SOLE
438302.00 40016.00507045.00
Harbinger Corp. com 41145c103 42292 1452100.00SH SOLE
1361000.00 91100.00
Harley-Davidson com 412822108 109842 1383840.00SH SOLE
557300.00 54600.00771940.00
Health Management Associates com 421933102 93521 6562861.00SH SOLE
2770400.00274300.003518161.00
Healthworld Corp. com 42222e103 13978 619600.00SH SOLE
576700.00 42900.00
Hewlett-Packard com 428236103 4635 34961.00 SH SOLE
34961.00
Home Depot, Inc. com 437076102 125930 1952400.00SH SOLE
839450.00 83750.001029200.00
Human Genome Sciences com 444903108 14602 175800.00SH SOLE
166400.00 9400.00
Hyperion Solutions Corp. com 44914m104 16561 509558.00SH SOLE
478723.00 30835.00
Illinois Tool Works com 452308109 50297 910350.00SH SOLE
365450.00 84600.00460300.00
Incyte Pharm Inc. com 45337C102 11629 133000.00SH SOLE
122800.00 10200.00
InfoUSA Inc. com 456818301 17901 1961800.00SH SOLE
1826200.00 135600.00
Intel Corp. com 458140100 126693 960250.00SH SOLE
457350.00 33900.00469000.00
Interim Services Inc. com 45868p100 5920 318900.00SH SOLE
33700.00 285200.00
International Business Machine com 459200101 143308 1214476.00SH SOLE
546400.00 67000.00601076.00
Jabil Circuit Inc. com 466313103 9550 220800.00SH SOLE
13000.00 207800.00
Johnson & Johnson com 478160104 53579 764736.00SH SOLE
328750.00 41700.00394286.00
Jones Pharma Inc. com 480236108 9418 310050.00SH SOLE
294600.00 15450.00
Keane Inc. com 486665102 5328 211000.00SH SOLE
21200.00 189800.00
Kendle International Inc. com 48880l107 15199 1397600.00SH SOLE
1285800.00 111800.00
King Pharma com 495582108 6262 198800.00SH SOLE
183700.00 15100.00
Kohl's Corp. com 500255104 8989 87700.00 SH SOLE
5200.00 82500.00
Landmark Systems Corp com 51506s100 5399 1079750.00SH SOLE
998076.00 81674.00
Lanier Worldwide com 51589L105 247 120000.00SH SOLE
120000.00
Legg Mason Inc. com 524901105 13533 312900.00SH SOLE
67800.00 245100.00
Lucent Technologies Inc com 549463107 98173 1616018.00SH SOLE
784060.00 64000.00767958.00
MBNA Corp. com 55262L100 1086 42581.00 SH SOLE
42581.00
MCI Worldcom Inc com 55268b106 121735 2686559.00SH SOLE
1230515.00115500.001340544.00
Manor Care Inc. com 564055101 38526 2853812.00SH SOLE
1385875.00 1467937.00
Manugistics Group Inc. com 565011103 58201 1141200.00SH SOLE
1069900.00 71300.00
Mapics, Inc. com 564910107 10904 684200.00SH SOLE
654900.00 29300.00
Medialink Worldwide com 58445p105 8418 1295100.00SH SOLE
1168479.00 126621.00
Mellon Financial Corp com 58551a108 52481 1779005.00SH SOLE
621300.00155400.001002305.00
Merck & Company com 589331107 60586 975233.00SH SOLE
442698.00 44900.00487635.00
Merrill Lynch & Co. com 590188108 2625 25000.00 SH SOLE
25000.00
Microsoft com 594918104 115147 1083734.00SH SOLE
508450.00 59700.00515584.00
Molecular Devices Corp. com 60851c107 2571 33500.00 SH SOLE
33500.00
Morgan Stanley Dean Witter com mwd 3360 41200.00 SH SOLE
41200.00
Netscout Systems Inc. com 64115t104 10176 607500.00SH SOLE
561100.00 46400.00
Network Associates Inc. com 640938106 8781 272293.00SH SOLE
255669.00 16624.00
Network Associates Inc. com 640938106 62899 1950348.00SH SOLE
877989.00 1072359.00
Newell Rubbermaid Inc. com 651229106 77118 3108037.00SH SOLE
1306647.00132100.001669290.00
Nokia Corp Spons ADR com 654902204 12666 58300.00 SH SOLE
31100.00 5400.00 21800.00
Nortel Networks com 656569100 1261 10010.00 SH SOLE
10010.00
Omnicare Inc. com 681904108 4583 379900.00SH SOLE
379900.00
Oracle Systems com 68389X105 337 4323.00 SH SOLE
4323.00
PE Corp-PE Biosystems Group com 69332s102 61020 632335.00SH SOLE
317785.00 314550.00
Pall Corp com 696429307 2372 105700.00SH SOLE
32600.00 73100.00
Panera Bread Company com 69840w108 15403 2053750.00SH SOLE
1837350.00 216400.00
Parametric Technology Corp com 699173100 7725 366750.00SH SOLE
101450.00 82000.00183300.00
Paychex, Inc com 704326107 28577 545626.00SH SOLE
123251.00159350.00263025.00
Paychex, Inc. com 704326107 10009 191095.00SH SOLE
191095.00
Pharmacopeia Inc. com 71713B104 47888 977300.00SH SOLE
899800.00 77500.00
Post Properties Inc com 737464107 296 7350.00 SH SOLE
7350.00
Post Properties, Inc. com 737464107 13679 339332.00SH SOLE
335532.00 3800.00
Price, T. Rowe com 741477103 11818 299200.00SH SOLE
288800.00 10400.00
Price, T. Rowe com 741477103 113618 2876400.00SH SOLE
1241200.00155100.001480100.00
Professional Detailing com 74312n107 11610 464400.00SH SOLE
424900.00 39500.00
QRS Corp. com 74726x105 22300 296350.00SH SOLE
267800.00 28550.00
Quintiles Transnational com 748767100 3909 229100.00SH SOLE
217000.00 12100.00
Quintiles Transnational CP com 748767100 6700 392650.00SH SOLE
124650.00 268000.00
Radisys Corp. com 750459109 49029 815450.00SH SOLE
759500.00 55950.00
Rational Software Corporation com 75409p202 2343 30630.00 SH SOLE
30630.00
Restoration Hardware Inc. com 760981100 8045 1532400.00SH SOLE
1417400.00 115000.00
Robert Half Intl Inc. com 770323103 75952 1601095.00SH SOLE
758225.00 92700.00750170.00
Rouse Company com 779273101 423 20040.00 SH SOLE
20040.00
Royal Dutch com 780257804 288 5000.00 SH SOLE
5000.00
SBC Communications com 78387G103 1396 33230.00 SH SOLE
33230.00
SLM Holdings com 78442a109 76287 2290045.00SH SOLE
900500.00159900.001229645.00
SPSS Inc. com 78462K102 30461 959400.00SH SOLE
881700.00 77700.00
Sanmina Corp com 800907107 34011 503400.00SH SOLE
503400.00
Sanmina Corp com 800907107 15909 235472.00SH SOLE
118472.00 117000.00
Schlumberger, Ltd. com 806857108 53026 693150.00SH SOLE
318900.00 374250.00
Smith Intl, Inc com 832110100 7424 95800.00 SH SOLE
8400.00 87400.00
Solectron Corp. (Del) com 834182107 89615 2236884.00SH SOLE
907714.00110000.001219170.00
Sprint Corp com 852061100 4101 65100.00 SH SOLE
65100.00
Staples Inc. com 855030102 88567 4428349.00SH SOLE
2026375.00180300.002221674.00
State Street Corp com 857477103 3642 37600.00 SH SOLE
600.00 37000.00
Sterling Software com 859547101 66046 2165450.00SH SOLE
1044875.00 1120575.00
Structural Dynamics com 863555108 20326 1505631.00SH SOLE
1381831.00 123800.00
Sylvan Learning Systems Inc com 871399101 423 26550.00 SH SOLE
26550.00
Synbiotics Corp. com 871566105 1195 341500.00SH SOLE
314600.00 26900.00
Synthetech Inc. com 87162E100 6273 1498000.00SH SOLE
1399700.00 98300.00
TJX Companies com 872540109 75922 3421825.00SH SOLE
1392000.00 2029825.00
Techne Corp com 878377100 62873 911200.00SH SOLE
842100.00 69100.00
Techne Corp. com 878377100 200 2900.00 SH SOLE
2900.00
Tellabs com 879664100 114900 1824265.00SH SOLE
822950.00 99100.00902215.00
Time Warner com 887315109 684 6840.00 SH SOLE
6840.00
Transaction Systems Archit-A com 893416107 19846 687300.00SH SOLE
635100.00 52200.00
Transaction Systems Architects com 893416107 7557 261700.00SH SOLE
91700.00 170000.00
Tripos Inc. com 896928108 16569 628200.00SH SOLE
564000.00 64200.00
Wind River Systems com 973149107 814 22448.00 SH SOLE
22448.00
Xilinx Inc. com 983919101 65551 791560.00SH SOLE
329955.00 30400.00431205.00
Esprit Holdings Limited com 6321642 14 14000.00 SH SOLE
14000.00
Goodman Fielder com 6336549 12 16100.00 SH SOLE
16100.00
Stock Performance Index Future if 861991982 56273 304987.2270SH SOLE
304987.2270
BCM International Fund 193 16291.330SH SOLE
16291.330
Nottingham Invest. Tr.-II BCM 66976M409 4059 125057.147SH SOLE
28518.219 96538.929
</TABLE>
