SECURITIES AND EXCHANGE COMMISSION
FORM 13F-HR
NAME OF REPORTING MANAGER:
BEFORD FALLS INVESTORS, L.P.
Report for the Calendar Year or Quarter Ended: 6/30/99
Institutional Investment Manager: BEDFORD FALLS INVESTORS, L.P.
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION IN
THIS FORM AND THE ATTACHMENTS TO IT ARE TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL
UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS
PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
Karen Finerman, President
(212) 486-8100
Signature, Place and Date of Signing:
/s/Karen Finerman
New York, New York
8/16/99
REPORT SUMMARY:
Number of Other Included Managers: None
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List of Other Included Managers: None
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Form 13F Information Table Entry Total: 72
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Form 13F Information Table Value Total: 135,442,000
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F-E
NAME OF REPORTING MANAGER: BEDFORD FALLS INVESTORS, L.P.
<TABLE> <S> <C>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ARV Assisted Living COM 00204C107 2198 549500 SH 549500 549500
AT&T COM 001957109 558 10000 SH 10000 10000
America Online COM 02364J104 841 7646 SH 7646 7646
American Bankers Insurance COM 024456105 299 5500 SH 5500 5500
Armco Inc. COM 042170100 2484 375000 SH 375000 375000
At Home Corp. COM 045919107 3990 73974 SH 73974 73974
BP Amoco PLC COM 055622104 1953 18000 SH 18000 18000
Bogen Communications Int'l COM 097189104 4827 825043 SH 825043 825043
CE Franklin Ltd. COM 125151100 1271 462100 SH 462100 462100
Cable & Wireless Communications COM G3152V104 432 45000 SH 45000 45000
Call Net Enterprises Inc. COM 130910102 600 94300 SH 94300 94300
Coltec Industries COM 196879100 1204 55500 SH 55500 55500
Columbus McKinnon Corp COM 199333105 7244 366800 SH 366800 366800
Crimmie Mae COM 226603108 119 88500 SH 88500 88500
Daimler Chrysler COM 01668R123 5591 62823 SH 62823 62823
Desert Community Bank COM 250378109 782 29115 SH 29115 29115
Documentum Corp. COM 256159104 849 65000 SH 65000 65000
Dupont COM 263534109 683 10000 SH 10000 10000
Financial Services Acq Corp. COM 31769Q108 37 15000 SH 15000 15000
First Midwest Bancorp COM 320867104 1192 30000 SH 30000 30000
Forest Oil COM 646091606 750 59700 SH 59700 59700
GST Global Telecom Inc. COM 37934X100 2188 243100 SH 243100 243100
Global Industrial Tech. COM 379335102 639 53000 SH 53000 53000
Gulfstream Aerospace COM 402734107 2703 40000 SH 40000 40000
Hbancorporation Inc. COM 422045104 114 10000 SH 10000 10000
Highlands Ins. Gr. Inc. COM 431032101 1616 153900 SH 153900 153900
Highpoint Capital Corp. COM 130904102 607 88500 SH 88500 88500
Imasco Ltd. COM 452451701 673 25000 SH 25000 25000
Kellstrom Industries COM 488035106 2646 145000 SH 145000 145000
Life Technologies COM 532177201 256 7100 SH 7100 7100
Limited Inc. COM 532716107 1460 32181 SH 32181 32181
Lucent Technologies COM 549463107 2503 37125 SH 37125 37125
Marvel Enterprises COM 57383M108 928 125800 SH 125800 125800
Mattel Inc. COM 577081102 1382 52920 SH 52920 52920
Networks Associates, Inc. COM 640938106 1175 80000 SH 80000 80000
New England Community Bank COM 643890106 303 11000 SH 11000 11000
Parametric Technology Corp. COM 699173100 624 45000 SH 45000 45000
Patina Oil & Gas COM 703224105 339 53727 SH 53727 53727
Poco Petroleum COM 730361102 162 20000 SH 20000 20000
Precision Drilling Corp. COM 74022D100 666 35000 SH 35000 35000
Quintiles Transnational Corp. COM 148767100 1255 29890 SH 29890 29890
Qwest Communications International Inc. COM 149121109 579 17500 SH 17500 17500
Reynolds Tobacco Holdings COM 76182K105 873 27500 SH 27500 27500
Roslyn Bancorp Inc. COM 778162107 1096 63755 SH 63755 63755
St Johns Knit COM 790289102 292 10000 SH 10000 10000
TC Pipelines LP COM 87233Q108 365 17800 SH 17800 17800
Tristar Aerospace Co. COM 89674L101 1155 140000 SH 140000 140000
Tyco International Ltd. COM 902124106 2973 31391 SH 31391 31391
US West COM 91273H101 2203 37500 SH 37500 37500
Varlen Corp. COM 922248109 899 22400 SH 22400 22400
Ventas Inc. COM 92276F100 186 34600 SH 34600 34600
Viakase Companies COM 92831R102 75 19000 SH 19000 19000
Vodafone PLC ADR COM 92857T107 1379 7000 SH 7000 7000
Washington Mutual Inc. COM 939322103 7243 203666 SH 203666 203666
Westiminister Capital COM 960631109 396 121700 SH 121700 121700
Whittaker Corp. COM 166680407 3199 114500 SH 114500 114500
Worldcom COM 5268B106 7463 86721 SH 86721 86721
Overseas Film Group Inc WAR 90337118 31 166600 SH 166600 166600
Atlantic Richfield CALL 048825103 3551 42500 SH 42500 42500
Boeing CALL 097023105 1870 42500 SH 42500 42500
Browning-Ferris CALL 115885105 1075 25000 SH 25000 25000
Cabletron Systems CALL 126920107 325 25000 SH 25000 25000
McKesson CALL 58155Q103 3218 100000 SH 100000 100000
MediaOne Group CALL 58440J104 5496 73800 SH 73800 73800
Mobil Corp. CALL 507059102 9875 100000 SH 100000 100000
Network Associates CALL 640938106 367 25000 SH 25000 25000
Platinum CALL 12764T101 4387 150000 SH 150000 150000
Rite Aid Corp. CALL 767754104 1724 70000 SH 70000 70000
St. Johns Knit CALL 790289102 1337 45700 SH 45700 45700
US West CALL 11273H101 2644 45000 SH 45000 45000
Viacom CALL 925524308 1813 41200 SH 41200 41200
Vodafone Airtouch CALL 92857T107 7210 36600 SH 36600 36600
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