UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment No.:
This Amendment (Check Only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Duncan-Hurst Capital Management, Inc.
Address: 4365 Executive Drive, Suite 1502
San Diego, California 92121
13F File No.: 13F/28-3404
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 itegral
parts of this form.
Person signing this report on behalf of reporting manager:
Name: Rebecca M. La Ferney
Title: Vice President, Operations
Phone: (619) 597-4800
Signature, Place, and Date of Signing:
Rebecca M. La Ferney San Diego, California May 10, 1999
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
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of other managers included: 0
Form 13F Information Table Entry Total: 463
Form 13F Information Table Value Total: $3,346,168,000
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE CUSIP VAL(K) SH/P AMT S/P P/C INV DSC MNG SOLE SHRD NONE
OF CLS RS
ACT MFG INC COMMON 000973107 250 15100 SH SOLE 15100 0 0
ACT NETWORKS INC COMMON 000975102 717 37240 SH SOLE 37240 0 0
AT&T CORP COM 001957208 5 95 SH SOLE 95 0 0
LIB
GRP A
ATMI INC COMMON 00207R101 3177 158830 SH SOLE 67120 0 91710
AVT CORP COMMON 002420107 170 7120 SH SOLE 7120 0 0
ABACUS DIRECT CORP COMMON 002553105 12550 153050 SH SOLE 61800 0 91250
ABERCROMBIE & FITCH CL A 002896207 32790 355450 SH SOLE 30820 0 47250
CO 0
ABOVENET COMMON 003743101 51880 396410 SH SOLE 17615 0 220260
COMMUNICATIONS 0
ADAPTEC INC COMMON 00651F108 7796 341750 SH SOLE 30069 0 41060
0
ADELPHIA CL A 006848105 140 2220 SH SOLE 2220 0 0
COMMUNICATIONS
ADVANCE PARADIGM COMMON 007491103 7058 111700 SH SOLE 49590 0 62110
INC
ADVANCED DIGITAL COMMON 007525108 225 13600 SH SOLE 13600 0 0
INFO
ADVANTAGE LEARNING COMMON 00757K100 6299 202800 SH SOLE 85870 0 116930
SYSTE
AEROFLEX INC COMMON 007768104 238 16700 SH SOLE 16700 0 0
ADVANCED ENERGY COMMON 007973100 276 11700 SH SOLE 11700 0 0
INDS
AIRTOUCH COMMON 00949T100 10 100 SH SOLE 100 0 0
COMMUNICATNS
ALLAIRE CORP COMMON 016714107 10586 155680 SH SOLE 65930 0 89750
ALLERGAN INC COMMON 018490102 41306 470050 SH SOLE 40715 0 62900
0
ALPHARMA INC CL A 020813101 10563 269110 SH SOLE 10762 0 161490
0
ENERGIS PLC COMMON 0219624 586 20600 SH SOLE 20600 0 0
AMAZON COM INC COMMON 023135106 3440 19980 SH SOLE 16780 0 3200
AMERICA ONLINE INC COMMON 02364J104 16446 111880 SH SOLE 98980 0 12900
DEL
ARM HOLDING COMMON 0267838 1216 27900 SH SOLE 27900 0 0
DIXONS GROUP ORD 0272304 911 43000 SH SOLE 43000 0 0
10P
AMERICAN WOODMARK COMMON 030506109 174 5500 SH SOLE 5500 0 0
CORP
AMERICAN XTAL COMMON 030514103 218 9700 SH SOLE 9700 0 0
TECHNOLOGY
AMERITRADE HLDG CL A 03072H109 35851 580580 SH SOLE 49730 0 83280
CORP 0
AMGEN INC COMMON 031162100 7 100 SH SOLE 100 0 0
ANAREN MICROWAVE COMMON 032744104 250 10300 SH SOLE 10300 0 0
INC
FLEXTECH ORDINA 0343233 216 16900 SH SOLE 16900 0 0
RY
SHARES
ANESTA CORP COMMON 034603100 203 9000 SH SOLE 9000 0 0
ANNTAYLOR STORES COMMON 036115103 17987 407050 SH SOLE 16245 0 244600
CORP 0
ANTEC CORP COMMON 03664P105 287 13360 SH SOLE 13360 0 0
APPLIED MATLS INC COMMON 038222105 3343 54199 SH SOLE 41999 0 12200
APPLIED MICRO COMMON 03822W109 8402 196540 SH SOLE 88360 0 108180
CIRCUITS C
ARDENT SOFTWARE INC COMMON 039794102 3070 191130 SH SOLE 87125 0 104005
ARMOR HOLDINGS INC COMMON 042260109 146 10700 SH SOLE 10700 0 0
COLT TELECOM GROUP ORD 0424699 908 50400 SH SOLE 50400 0 0
PLC SHRS
AT HOME CORP COM 045919107 5760 36570 SH SOLE 31070 0 5500
SER A
ASYST TECHNOLOGY COMMON 04648X107 171 12400 SH SOLE 12400 0 0
CORP
ATMEL CORP COMMON 049513104 389 25590 SH SOLE 25590 0 0
AUSPEX SYS INC COMMON 052116100 146 13700 SH SOLE 13700 0 0
LOGICA PLC GBP 0522708 797 77200 SH SOLE 77200 0 0
AUTOBYTEL COM INC COMMON 05275N106 1474 35200 SH SOLE 14750 0 20450
AUTOWEB COM INC COMMON 053331104 677 19000 SH SOLE 8080 0 10920
AWARE INC COMMON 05453N100 16073 341980 SH SOLE 15178 0 190200
0
MORSE HOLDINGS ORDINA 0560485 158 40000 SH SOLE 40000 0 0
RY
SHARES
PACE MICRO GBP 0667278 530 228000 SH SOLE 22800 0 0
TECHNOLOGY 0
VODAFONE GROUP ORD 5P 0719210 407 21900 SH SOLE 21900 0 0
BEBE STORES INC COMMON 075571109 8942 218090 SH SOLE 88500 0 129590
SAGE GRP GBP ORDS COMMON 0802165 477 13200 SH SOLE 13200 0 0
BEST BUY INC COMMON 86516101 497 9560 SH SOLE 9560 0 0
BEYOND COM CORP COMMON 086516101 7738 295500 SH SOLE 12483 0 170670
0
BINDLEY WESTN INDS COMMON 090324104 8114 284090 SH SOLE 11567 0 168420
INC 0
BINDVIEW DEV CORP COMMON 090327107 10558 339220 SH SOLE 14356 0 195660
0
BIOGEN INC COMMON 090597105 55157 482510 SH SOLE 41671 0 65800
0
BIOMATRIX INC COMMON 09060P102 15391 197320 SH SOLE 81435 0 115885
BRIO TECHNOLOGY INC COMMON 109704106 9329 441600 SH SOLE 19034 0 251260
0
BROADCAST COM INC COMMON 111310108 59944 507190 SH SOLE 36170 0 145490
0
BROADCOM CORP CL A 111320107 10157 164820 SH SOLE 14275 0 22070
0
BROADVISION INC COMMON 111412102 22619 378560 SH SOLE 17396 0 204600
0
BROOKS AUTOMATION COMMON 11434A100 4495 200900 SH SOLE 88700 0 112200
INC
CBOE RUSSELL PUT 12484L9P0 7783 20000 SH PUT SOLE 20000 0 0
OPT
APR
CMGI INC COMMON 125750109 60751 331860 SH SOLE 28626 0 45600
0
CNET INC COMMON 125945105 461 5000 SH SOLE 5000 0 0
CSG SYS INTL INC COMMON 126349109 35843 908860 SH SOLE 78646 0 122400
0
CTC COMMUNICATIONS COMMON 126418102 166 13400 SH SOLE 13400 0 0
CORP
CABLE & WIRELESS DEPOSI 12682P104 181 3200 SH SOLE 3200 0 0
COMMUNI TORY
RECEI
CARRIER ACCESS CORP COMMON 144460102 17959 232290 SH SOLE 10562 0 126670
0
CATALINA MARKETING COMMON 148867104 2198 25600 SH SOLE 10780 0 14820
CP
CENTURY CL A 156503104 166 3580 SH SOLE 3580 0 0
COMMUNICATIONS C
CENTURY TEL COMMON 156686107 48718 693495 SH SOLE 60364 0 89850
ENTERPRISES 5
CERUS CORP COMMON 157085101 223 10000 SH SOLE 4250 0 5750
CHASE MANHATTAN CALL 16161A108 0 25000 SH CALL SOLE 25000 0 0
CORP OPT
APR
CHEAP TICKETS INC COMMON 162672109 8110 241180 SH SOLE 10179 0 139390
0
CHICOS FAS INC COMMON 168615102 361 16800 SH SOLE 16800 0 0
CHILDRENS PL RETAIL COMMON 168905107 7329 272080 SH SOLE 11050 0 161580
STOR 0
CIENA CORP COMMON 171779101 387 17180 SH SOLE 17180 0 0
CISCO SYS INC COMMON 17275R102 6696 61120 SH SOLE 51195 0 9925
CIRCUS CIRCUS COMMON 172909103 527 30000 SH SOLE 30000 0 0
ENTERPRISE
CITRIX SYS INC COMMON 177376100 10189 267240 SH SOLE 23069 0 36550
0
CLARIFY INC COMMON 180492100 9217 345350 SH SOLE 15812 0 187230
0
CLARK / BARDES COMMON 180668105 145 8500 SH SOLE 8500 0 0
HLDGS INC
COGNIZANT CL A 192446102 685 24670 SH SOLE 14110 0 10560
TECHNOLOGY SOL
COINSTAR INC COMMON 19259P300 226 14000 SH SOLE 14000 0 0
COLORADO MEDTECH COMMON 19652U104 188 16900 SH SOLE 16900 0 0
INC
COMCAST CORP CL A CL A 200300200 5109 81180 SH SOLE 69080 0 12100
SPL
APASCO SA ANPV 2045645 233 38300 SH SOLE 38300 0 0
COMPTRONIX CORP PFD A 20476C205 0 3 SH SOLE 3 0 0
CV
COMPUTER NETWORK COMMON 204925101 610 37860 SH SOLE 37860 0 0
TECHNOL
COMVERSE TECHNOLOGY COM 205862402 571 6715 SH SOLE 6715 0 0
INC PAR
$0.10
CONCENTRIC NETWORK COMMON 20589R107 17413 232950 SH SOLE 10246 0 130490
CORP 0
COM21 INC COMMON 205937105 11338 431940 SH SOLE 19220 0 239740
0
CONCORD COMMON 206186108 14892 261270 SH SOLE 12721 0 134060
COMMUNICATIONS I 0
CONCORD EFS INC COMMON 206197105 12676 459900 SH SOLE 39723 0 62670
0
CONEXANT SYSTEMS COMMON 207142100 213 7675 SH SOLE 7675 0 0
INC
BID COM ORDINA 2127639 1107 135100 SH SOLE 13510 0 0
RY 0
SHARES
COORS ADOLPH CO CL B 217016104 73 1350 SH SOLE 1350 0 0
COPART INC COMMON 217204106 2141 103200 SH SOLE 43870 0 59330
COSTCO COMPANIES COMMON 22160Q102 5549 60600 SH SOLE 50800 0 9800
INC
CREE RESEARCH INC COMMON 225447101 9499 202370 SH SOLE 85630 0 116740
CRITICAL PATH INC COMMON 22674V100 2695 35000 SH SOLE 14550 0 20450
CUTTER & BUCK INC COMMON 232217109 227 7100 SH SOLE 7100 0 0
CYBEX COMPUTER COMMON 232522102 4710 262575 SH SOLE 11412 0 148455
PRODS COR 0
CYMER INC COMMON 232572107 6849 344600 SH SOLE 14499 0 199610
0
DANAHER CORP DEL COMMON 235851102 109 2090 SH SOLE 2090 0 0
DARDEN RESTAURANTS COMMON 237194105 117 5650 SH SOLE 5650 0 0
INC
DELIA*S INC COMMON 246885107 369 11700 SH SOLE 11700 0 0
DELL COMPUTER CORP COMMON 247025109 8 200 SH SOLE 200 0 0
DENDRITE INTL INC COMMON 248239105 747 33460 SH SOLE 33460 0 0
DIGITAL MICROWAVE COMMON 253859102 6072 725060 SH SOLE 31262 0 412440
CORP 0
DIGITAL RIV INC COMMON 25388B104 7850 196250 SH SOLE 86320 0 109930
DOUBLECLICK INC COMMON 258609304 23923 131400 SH SOLE 56530 0 74870
DYCOM INDS INC COMMON 267475101 11502 264415 SH SOLE 10062 0 163790
5
E M C CORP MASS COMMON 268648102 11376 89050 SH SOLE 76550 0 12500
ESAT TELECOM GROUP DEPOSI 26883Y102 193 4600 SH SOLE 4600 0 0
PLC TORY
RECE
E-TEK DYNAMICS INC COMMON 269240107 296 8250 SH SOLE 8250 0 0
EAGLE USA COMMON 270018104 1219 37500 SH SOLE 15690 0 21810
AIRFREIGHT INC
EARTHLINK NETWORK COMMON 270322100 39865 664420 SH SOLE 51446 0 149960
INC 0
EARTHWEB INC COMMON 27032C108 548 10000 SH SOLE 10000 0 0
EBAY INC COMMON 278642103 35291 257010 SH SOLE 22296 0 34050
0
ECHOSTAR CL A 278762109 211 2580 SH SOLE 2580 0 0
COMMUNICATNS
EDUCATION MGMT CORP COMMON 28139T101 9354 304190 SH SOLE 11609 0 188100
0
EFAX COM INC COMMON 282012103 179 10000 SH SOLE 10000 0 0
EIDOS PLC DEPOSI 282485101 633 19500 SH SOLE 19500 0 0
TORY
RECE
ELECTRONICS FOR COMMON 286082102 10947 280680 SH SOLE 24277 0 37910
IMAGING 0
TEKLOGIX ORDINA 2879145 222 16800 SH SOLE 16800 0 0
INTERNATIONAL RY
SHARES
EMULEX CORP COM 292475209 205 6200 SH SOLE 6200 0 0
NEW
ENTRUST COMMON 293848107 9838 291510 SH SOLE 12504 0 166470
TECHNOLOGIES INC 0
ENZON INC COMMON 293904108 9587 649983 SH SOLE 27407 0 375910
3
EQUANT N V DEPOSI 294409107 722 9600 SH SOLE 9600 0 0
TORY
RECE
EXCHANGE COMMON 300867108 568 22600 SH SOLE 22600 0 0
APPLICATIONS
EXCITE INC COMMON 300904109 51231 365935 SH SOLE 31673 0 49200
5
EXODUS COMMON 302088109 33984 252670 SH SOLE 11074 0 141930
COMMUNICATIONS IN 0
EXPEDITORS INTL COMMON 302130109 1485 27500 SH SOLE 11510 0 15990
WASH INC
FACTSET RESH SYS COMMON 303075105 6599 152570 SH SOLE 56305 0 96265
INC
MORGAN STAN HI TECH PUT 30399W9P2 23853 25000 SH PUT SOLE 25000 0 0
OPT
APR
FATBRAIN COM INC COMMON 311889109 409 17900 SH SOLE 17900 0 0
FLASHNET COMMON 338527104 4573 111200 SH SOLE 47360 0 63840
COMMUNICATIONS
FORWARD AIR CORP COMMON 349853101 184 14000 SH SOLE 14000 0 0
FOSSIL INC COMMON 349882100 7616 255470 SH SOLE 97010 0 158460
FRONTIER AIRLINES COMMON 359065109 221 22400 SH SOLE 22400 0 0
INC NE
FRONTLINE COMMON 35921T108 140 9000 SH SOLE 9000 0 0
COMMUNICATIONS
GAP INC DEL COMMON 364760108 4660 69235 SH SOLE 58135 0 11100
GATEWAY PUT 6 36783310 1371 20000 SH PUT SOLE 20000 0 0
OPT 0
APR
GENERAL ELECTRIC CO CALL 11 36960410 2766 25000 SH CALL SOLE 25000 0 0
OPT 3
APR
GENERAL INSTR CORP COMMON 370120107 67 2220 SH SOLE 2220 0 0
DEL
GENESIS MICROCHIP COMMON 371933102 2439 102690 SH SOLE 42710 0 59980
INC
GEOCITIES COMMON 37247V106 11009 100480 SH SOLE 41950 0 58530
GENZYME CORP COM 372917104 41420 821220 SH SOLE 71177 0 109450
GENL 0
DIV
GEORGIA PAC CORP COM GA 373298108 131 1760 SH SOLE 1760 0 0
PAC
GRP
GEOTEL COMMON 373656107 25852 563530 SH SOLE 24477 0 318760
COMMUNICATIONS CO 0
GILEAD SCIENCES INC COMMON 375558103 9570 210340 SH SOLE 88470 0 121870
GLOBIX CORP COMMON 37957F101 6918 185410 SH SOLE 87650 0 97760
GO2NET INC COMMON 383486107 14363 108300 SH SOLE 48420 0 59880
GUCCI GROUP N V ADR DEPOSI 401566104 604 7500 SH SOLE 7500 0 0
TORY
RECE
ARN MONDADORI EDIT ITL100 4049043 94 6300 SH SOLE 6300 0 0
0 ORD
BANK OF ATTICA ORDINA 4102913 238 14000 SH SOLE 14000 0 0
RY
SHARES
BANK OF PIREAUS ORDINA 4122676 581 11400 SH SOLE 11400 0 0
RY
SHARES
BITROS ORDINA 4126247 185 12900 SH SOLE 12900 0 0
RY
SHARES
HARMONIC INC COMMON 413160102 936 33900 SH SOLE 19370 0 14530
CIR CIE RIUNITE ORDINA 4162371 92 88100 SH SOLE 88100 0 0
RY
SHARES
HELIX TECHNOLOGY COMMON 423319102 200 13000 SH SOLE 13000 0 0
CORP
ALPHA CREDIT BANK COMMON 4235864 271 4080 SH SOLE 4080 0 0
ETHNIKI GEN COMMON 4314536 332 6500 SH SOLE 6500 0 0
INSURANCE
HOLLYWOOD ENTMT COMMON 436141105 1761 94560 SH SOLE 39400 0 55160
CORP
HOME DEPOT INC COMMON 437076102 4265 68515 SH SOLE 57115 0 11400
HOOPER HOLMES INC COMMON 439104100 269 17200 SH SOLE 17200 0 0
INTRASOFT SA COMMON 4434274 344 14600 SH SOLE 14600 0 0
ICOS CORP COMMON 449295104 687 20370 SH SOLE 20370 0 0
ISS GROUP INC COMMON 450306105 11981 150700 SH SOLE 63480 0 87220
IMALL INC COM 45244X306 836 51850 SH SOLE 51850 0 0
PAR
$0.001
IMMUNEX CORP NEW COMMON 452528102 37967 456060 SH SOLE 39580 0 60260
0
INFOSYS DEPOSI 456788108 345 8000 SH SOLE 8000 0 0
TECHNOLOGIES LTD TORY
RECE
INFOSEEK CORP COMMON 45678M107 48121 650280 SH SOLE 46278 0 187500
0
INFOSPACE COM INC COMMON 45678T102 8231 92870 SH SOLE 39480 0 53390
INKTOMI CORP COMMON 457277101 35972 419500 SH SOLE 36310 0 56400
0
INTEL CORP COMMON 458140100 4 35 SH SOLE 35 0 0
INTERNATIONAL BUS COMMON 459200101 4 25 SH SOLE 25 0 0
MACH
INTERNATIONAL COMMON 460053101 42856 612780 SH SOLE 53526 0 77520
NETWORK SV 0
INTERVU INC COMMON 46114R106 1052 23700 SH SOLE 23700 0 0
INTIMATE BRANDS INC CL A 461156101 143 2975 SH SOLE 2975 0 0
IVAX CORP COMMON 465823102 65 5480 SH SOLE 5480 0 0
JB OXFORD HLDGS INC COMMON 466107109 36 5000 SH SOLE 5000 0 0
JABIL CIRCUIT INC COMMON 466313103 20724 511700 SH SOLE 44523 0 66470
0
JAKKS PAC INC COMMON 47012E106 222 12000 SH SOLE 12000 0 0
JAVELIN SYS INC COMMON 471896100 162 13400 SH SOLE 13400 0 0
JONES INTERCABLE CL A 480206200 141 3580 SH SOLE 3580 0 0
INC
K-SWISS INC CL A 482686102 146 5800 SH SOLE 5800 0 0
TELINFO COMMON 4881193 244 1806 SH SOLE 1806 0 0
SAMSUNG ELECTRIC II REG S 4942818 221 5400 SH SOLE 5400 0 0
KING COMMON 495582108 8647 311610 SH SOLE 12496 0 186650
PHARMACEUTICALS INC 0
KNIGHT/TRIMARK CL A 499067106 69037 1030400 SH SOLE 75668 0 273720
GROUP INC 0
KOHLS CORP COMMON 500255104 2481 35000 SH SOLE 29400 0 5600
KROGER CO COMMON 501044101 5 90 SH SOLE 90 0 0
KROLL O GARA CO COMMON 501050108 3811 140510 SH SOLE 57760 0 82750
KULICKE & SOFFA COMMON 501242101 377 14930 SH SOLE 14930 0 0
INDS INC
LSI LOGIC CORP COMMON 502161102 780 25000 SH SOLE 25000 0 0
MEDIASET SPA ORDINA 5077946 217 23100 SH SOLE 23100 0 0
RY
ITL100
0
LAM RESEARCH CORP COMMON 512807108 7897 272300 SH SOLE 11520 0 157100
0
LASER VISION CTRS COMMON 51807H100 11926 312800 SH SOLE 13385 0 178950
INC 0
LASON INC COMMON 51808R107 5597 99510 SH SOLE 36910 0 62600
LATTICE COMMON 518415104 7278 159740 SH SOLE 67420 0 92320
SEMICONDUCTOR CO
LEVEL COMMON 52729N100 364 5000 SH SOLE 5000 0 0
OLIVETTI COMMON 5294228 378 120800 SH SOLE 12080 0 0
0
LEXMARK INTL GROUP CL A 529771107 35261 315185 SH SOLE 26982 0 45360
INC 5
FOMENTO DE CNSTR Y COMMON 5350056 114 1860 SH SOLE 1860 0 0
CNTRA
EM TV MERCHANDISING AG ORD 5352353 1027 1200 SH SOLE 1200 0 0
GRPO EDITORIALE COMMON 5387797 99 8800 SH SOLE 8800 0 0
L'ESPRSO
NOKIA (AB) SER A FIM 2.5 5444498 708 4400 SH SOLE 4400 0 0
XIOSBANK ORDINA 5467042 420 10100 SH SOLE 10100 0 0
RY
SHARES
TIETO CORPORATION ORD 5479702 399 9700 SH SOLE 9700 0 0
SHARES
INTRACOM COMMON 5482023 218 3740 SH SOLE 3740 0 0
LOWES COS INC COMMON 548661107 5 90 SH SOLE 90 0 0
LYCOS INC COMMON 550818108 32413 376620 SH SOLE 32762 0 49000
0
MCI WORLDCOM INC COMMON 55268B106 8873 100190 SH SOLE 84090 0 16100
REAL SOFTWARE ORD 5529094 738 5600 SH SOLE 5600 0 0
SHARES
MACROVISION CORP COMMON 555904101 5373 145210 SH SOLE 63220 0 81990
MACROMEDIA INC COMMON 556100105 39991 882570 SH SOLE 37794 0 504630
0
CLASS EDITORI ORDINA 5574878 65 7300 SH SOLE 7300 0 0
RY
SHARES
GRUPO ACCIONA SA COMMON 5579107 384 7500 SH SOLE 7500 0 0
FORTIS COMMON 5593798 184 4800 SH SOLE 4800 0 0
STOCK
MARKETWATCH COM INC COMMON 570619106 6913 93580 SH SOLE 43030 0 50550
MAXWELL COMMON 577767106 383 16400 SH SOLE 8505 0 7895
TECHNOLOGIES INC
MCLEODUSA INC COMMON 582266102 420 10000 SH SOLE 10000 0 0
MEDCO RESEARCH INC COMMON 584059109 205 7900 SH SOLE 7900 0 0
MEDIMMUNE INC COMMON 584699102 57410 969970 SH SOLE 84751 0 122460
0
MEDQUIST INC COMMON 584949101 7387 246220 SH SOLE 10931 0 136905
5
MERCURY COMPUTER COMMON 589378108 187 10400 SH SOLE 10400 0 0
SYS
MERCURY INTERACTIVE COMMON 589405109 18656 523680 SH SOLE 22146 0 302220
CP 0
METRO ONE COMMON 59163F105 269 18900 SH SOLE 18900 0 0
TELECOMMUNICAT
METROMEDIA FIBER CL A 591689104 53947 1041200 SH SOLE 90164 0 139560
NETWORK 0
METRONET CL B 59169Y108 270 4900 SH SOLE 4900 0 0
COMMUNICATIONS NON
VTG
METZLER GROUP INC COMMON 592903108 4770 152020 SH SOLE 63590 0 88430
MIAMI COMPUTER COMMON 593261100 205 10300 SH SOLE 10300 0 0
SUPPLY CO
MICREL INC COMMON 594793101 5828 116420 SH SOLE 49030 0 67390
MICROSOFT CORP COMMON 594918104 4926 54960 SH SOLE 46560 0 8400
MICROSOFT CORP CALL 8 59491810 4481 50000 SH CALL SOLE 50000 0 0
OPT 4
APR
MICROMUSE INC COMMON 595094103 8942 194400 SH SOLE 83210 0 111190
MILLENNIUM COMMON 599902103 625 20000 SH SOLE 20000 0 0
PHARMACEUTICA
MINDSPRING COMMON 602683104 48603 564740 SH SOLE 45809 0 106650
ENTERPRISES 0
MINIMED INC COMMON 60365K108 14015 137910 SH SOLE 51900 0 86010
MININGCO COM INC COMMON 60366T108 515 5750 SH SOLE 0 0 5750
Q'SAI CO ORDINA 6043786 286 11000 SH SOLE 11000 0 0
RY
SHARES
MIPS TECHNOLOGIES CL A 604567107 42955 704180 SH SOLE 48965 0 214530
INC 0
MIRAGE RESORTS INC COMMON 60462E104 531 25000 SH SOLE 25000 0 0
NATSTEEL COMMON 6073750 456 167000 SH SOLE 16700 0 0
ELECTRONICS 0
MOBILE MINI INC COMMON 60740F105 149 11600 SH SOLE 11600 0 0
YAHOO JAPAN CORP. COMMON 6084848 811 4 SH SOLE 4 0 0
MOLECULAR DEVICES COMMON 60851C107 213 7900 SH SOLE 7900 0 0
CORP
HARVEY NORMAN ORDINA 6086220 418 42700 SH SOLE 42700 0 0
HOLDINGS RY
SHARES
MONACO COACH CORP COMMON 60886R103 190 8250 SH SOLE 8250 0 0
BELLSYSTEM COMMON 6100056 287 840 SH SOLE 840 0 0
MASTERNET ORDINA 6101930 210 7 SH SOLE 7 0 0
RY
SHARES
SAIZERIYA CO LTD COMMON 6111779 570 11000 SH SOLE 11000 0 0
BENESSE CORP COMMON 6121927 226 2800 SH SOLE 2800 0 0
ARUZE CORP ARUZE 6126892 297 6700 SH SOLE 6700 0 0
CORP
FUJITSU SUPPORT JPY JPY 6127130 294 3000 SH SOLE 3000 0 0
&SERVICE
FANCL CORPORATION COMMON 6131261 296 2600 SH SOLE 2600 0 0
MORGAN STAN DEAN CALL 10 61744644 0 20000 SH CALL SOLE 20000 0 0
WITTR OPT 8
APR
CHUGAI PHARMACY CO ORDINA 6196408 254 22000 SH SOLE 22000 0 0
RY
SHARE
MOTOROLA INC CALL 7 62007610 1465 20000 SH CALL SOLE 20000 0 0
OPT 9
APR
CSK CORPORATION COMM 6215552 243 7700 SH SOLE 7700 0 0
JPY50
DATACRAFT ASIA LTD COMMON 6246831 201 86000 SH SOLE 86000 0 0
DAICEL CHEMICAL ORDINA 6250542 207 63000 SH SOLE 63000 0 0
RY
SHARES
DAIMARU INC Y50 6250768 236 50000 SH SOLE 50000 0 0
DAIWA SECURITIES ORD 6251448 290 54000 SH SOLE 54000 0 0
GRP INC JPY50
MULTEX COM INC COMMON 625367107 9313 149000 SH SOLE 61220 0 87780
DON QUIJOTE ORDINA 6269861 1471 6600 SH SOLE 6600 0 0
RY
SHARES
MYSOFTWARE CO COMMON 628633109 180 10300 SH SOLE 10300 0 0
NCO GROUP INC COMMON 628858102 7870 212700 SH SOLE 78630 0 134070
NCR CORP NEW COMMON 62886E108 142 2840 SH SOLE 2840 0 0
ENIX CORPORATION ORDINA 6309262 357 9450 SH SOLE 9450 0 0
RY
SHARES
FOSTERS BREWING AUD 6349268 621 212000 SH SOLE 21200 0 0
CORP 0
NATIONAL COMPUTER COMMON 635519101 1871 76350 SH SOLE 31810 0 44540
SYS IN
FUJI SOFT ABC INC COMMON 6357001 681 10400 SH SOLE 10400 0 0
NEON SYS INC COMMON 640509105 787 14300 SH SOLE 6110 0 8190
NETBANK INC COMMON 640933107 19829 291610 SH SOLE 12976 0 161850
0
NETGRAVITY INC COMMON 641114103 16757 405010 SH SOLE 17576 0 229250
0
NETWORK APPLIANCE COMMON 64120L104 46639 921270 SH SOLE 79567 0 125600
INC 0
NETWORK SOLUTIONS CL A 64121Q102 30534 288740 SH SOLE 25158 0 37160
INC DE 0
HIKARI TSUSHIN INC COMMON 6416322 1465 8300 SH SOLE 8300 0 0
HITACHI ORD 6429104 237 32000 SH SOLE 32000 0 0
JPY50
HITACHI SOFTWARE ORDINA 6429502 244 7000 SH SOLE 7000 0 0
RY
SHARES
NEW ERA OF NETWORKS COMMON 644312100 73688 1087650 SH SOLE 69372 0 393930
INC 0
IO DATA DEVICE ORDINA 6455251 731 27500 SH SOLE 27500 0 0
RY
SHARES
ISUZU MOTORS Y50 6467104 241 78000 SH SOLE 78000 0 0
JAPAN BUSINESS JPY 9889 6472959 213 15000 SH SOLE 15000 0 0
COMPUTER
K'S DENKI ORDINA 6484277 213 15000 SH SOLE 15000 0 0
RY
SHARES
KOJIMA CO COMMON 6488912 465 18000 SH SOLE 18000 0 0
ASAHI BANK LTD Y50 6499367 237 45000 SH SOLE 45000 0 0
(8322)
99 CENTS ONLY COMMON 65440K106 3124 73625 SH SOLE 31475 0 42150
STORES
NOKIA CORP DEPOSI 654902204 3620 23240 SH SOLE 20390 0 2850
TORY
RECEI
MATSUSHITA COMM JPY 6572666 541 8000 SH SOLE 8000 0 0
NEC CORP Y50 6640400 493 41000 SH SOLE 41000 0 0
NIPPON SHEET GLASS ORD 6641447 554 160000 SH SOLE 16000 0 0
JPY50 0
NIKON Y50 6642321 219 18000 SH SOLE 18000 0 0
NIHON UNISYS ORDINA 6642688 518 28000 SH SOLE 28000 0 0
RY
SHARES
OTSUKA KAGU LIMITED COMMON 6663076 220 2000 SH SOLE 2000 0 0
NOVELL INC COMMON 670006105 721 28630 SH SOLE 28630 0 0
NOVELLUS SYS INC COMMON 670008101 56 1010 SH SOLE 1010 0 0
NVIDIA CORP COMMON 67066G104 5197 246000 SH SOLE 10858 0 137420
0
SOFTBANK CORP JPY50 COMMON 6770620 1334 11900 SH SOLE 11900 0 0
SANKYO ENGINEERING ORDINA 6775410 200 26000 SH SOLE 26000 0 0
RY
SHARES
SHARP CORP JPY50 6800602 211 20000 SH SOLE 20000 0 0
SKYLARK CO ORD 6813161 198 10000 SH SOLE 10000 0 0
JPY50
(#8180
OMNICOM GROUP INC COMMON 681919106 3086 38600 SH SOLE 32400 0 6200
OMEGA RESEARCH INC COMMON 68211E101 376 35160 SH SOLE 35160 0 0
SONY CHEMICALS COMMON 6821498 583 11500 SH SOLE 11500 0 0
JPY50
ONEMAIN COM INC COMMON 68267P109 4604 127000 SH SOLE 53450 0 73550
ONHEALTH NETWORK CO COMMON 68272W107 409 30000 SH SOLE 30000 0 0
ONYX SOFTWARE CORP COMMON 683402101 5657 144600 SH SOLE 61330 0 83270
OPTICAL COATING LAB COMMON 683829105 5318 110800 SH SOLE 50400 0 60400
INC
SUMISHO COMPUTER ORDINA 6858474 236 7000 SH SOLE 7000 0 0
SYSTEMS RY
SHARES
SUN HUNG KAI PROP HK0.50 6859927 219 29200 SH SOLE 29200 0 0
ORD
ADVANTEST COMMON 6870490 222 2900 SH SOLE 2900 0 0
TELECOM ASIA FOREIG 6877071 211 378000 SH SOLE 37800 0 0
N 0
OSTEOTECH INC COMMON 688582105 9991 290655 SH SOLE 12457 0 166085
0
PHLX SEMICONDUCTOR PUT 35 68899W9P 8575 25000 SH PUT SOLE 25000 0 0
IDX OPT 7
APR
TOKYO ELECTRIC COMMON 6895675 311 6000 SH SOLE 6000 0 0
TOSHIBA CORP JPY50 6897217 724 106000 SH SOLE 10600 0 0
0
OUTBACK STEAKHOUSE COMMON 689899102 496 15150 SH SOLE 15150 0 0
INC
TAKASAGO ELECTRIC ORDINA 6899161 312 6400 SH SOLE 6400 0 0
RY
SHARES
TRANSURBAN GROUP ORDINA 6899332 259 200 SH SOLE 200 0 0
RY
SHARES
TOYAMA CHEMICAL COMMON 6899600 187 41000 SH SOLE 41000 0 0
TOYO INFORMATION ORDINA 6899774 528 17800 SH SOLE 17800 0 0
SYS RY
SHARES
UNION TOOL CO JPY50 COMMON 6914053 919 11900 SH SOLE 11900 0 0
OXFORD HEALTH PLANS COMMON 691471106 412 26340 SH SOLE 26340 0 0
INC
PECO ENERGY CO COMMON 693304107 9 195 SH SOLE 195 0 0
P F CHANGS CHINA COMMON 69333Y108 244 8000 SH SOLE 8000 0 0
BISTRO
PMC-SIERRA INC COMMON 69344F106 132 1850 SH SOLE 1850 0 0
PRI AUTOMATION INC COMMON 69357H106 7513 357780 SH SOLE 15066 0 207120
0
PACIFIC SUNWEAR COMMON 694873100 3176 91400 SH SOLE 38340 0 53060
CALIF IN
WORLD CO LTD COMMON 6977971 536 10000 SH SOLE 10000 0 0
YAMADA DENKI ORDINA 6985026 300 9000 SH SOLE 9000 0 0
RY
SHARES
PCORDER COM INC CL A 70453H107 6608 116700 SH SOLE 48890 0 67810
PEGASUS SYSTEMS INC COMMON 705906105 8259 207130 SH SOLE 81090 0 126040
PERCLOSE INC COMMON 71361C107 4493 144930 SH SOLE 60810 0 84120
PEREGRINE SYSTEMS COMMON 71366Q101 18871 561230 SH SOLE 25435 0 306880
INC 0
PERVASIVE SOFTWARE COMMON 715710109 179 10000 SH SOLE 10000 0 0
INC
PHILIP MORRIS COS CALL 4 71815410 1056 30000 SH CALL SOLE 30000 0 0
OPT 7
APR
PLEXUS CORP COMMON 729132100 178 6400 SH SOLE 6400 0 0
POWER INTEGRATIONS COMMON 739276103 10339 325650 SH SOLE 15171 0 173940
INC 0
POWERWAVE COMMON 739363109 12174 429030 SH SOLE 19582 0 233210
TECHNOLOGIES I 0
PRICELINE COM INC COMMON 741503106 1865 22500 SH SOLE 19820 0 2680
PRIORITY HEALTHCARE CL B 74264T102 9560 211272 SH SOLE 84787 0 126485
CORP
PROBUSINESS COMMON 742674104 3075 73205 SH SOLE 31465 0 41740
SERVICES INC
PRODIGY COMMON 74283P107 2295 59800 SH SOLE 34400 0 25400
COMMUNICATIONS C
PROFIT RECOVERY COMMON 743168106 11012 278790 SH SOLE 10727 0 171520
GROUP IN 0
PROGRAMMERS COMMON 743205106 132 10900 SH SOLE 10900 0 0
PARADISE INC
PROGRESS SOFTWARE COMMON 743312100 7738 226760 SH SOLE 96050 0 130710
CORP
PROVIDIAN FINL CORP COMMON 74406A102 64970 590640 SH SOLE 51214 0 78500
0
PROXIM INC COMMON 744284100 230 8000 SH SOLE 8000 0 0
PROXYMED INC COMMON 744290107 149 11000 SH SOLE 11000 0 0
PSINET INC COMMON 74437C101 64944 1525840 SH SOLE 95017 0 575670
0
QLOGIC CORP COMMON 747277101 9570 142570 SH SOLE 66190 0 76380
QUALCOMM INC COMMON 747525103 97 780 SH SOLE 780 0 0
QUIKSILVER INC COMMON 74838C106 11723 277460 SH SOLE 11416 0 163300
0
QWEST COMMON 749121109 6606 91630 SH SOLE 78530 0 13100
COMMUNICATIONS INT
RF MICRODEVICES INC COMMON 749941100 41748 436300 SH SOLE 18667 0 249630
0
RATIONAL SOFTWARE COM 75409P202 28022 1045120 SH SOLE 90452 0 140600
CORP NEW 0
REALNETWORKS INC COMMON 75605L104 305 2500 SH SOLE 2500 0 0
REMEC INC COMMON 759543101 340 16300 SH SOLE 16300 0 0
REMEDY CORP COMMON 759548100 452 32290 SH SOLE 32290 0 0
ROWECOM INC COMMON 77957X108 3281 75200 SH SOLE 34850 0 40350
S & P PUT 129 7839819P 31731 25000 SH PUT SOLE 25000 0 0
OPT 0
APR
SCM MICROSYSTEMS COMMON 784018103 5119 84260 SH SOLE 34990 0 49270
INC
SDL INC COMMON 784076101 14132 155720 SH SOLE 66620 0 89100
SEI INVESTMENTS CO COMMON 784117103 56 610 SH SOLE 610 0 0
S3 INC COMMON 784849101 113 15040 SH SOLE 15040 0 0
SAFEWAY INC COM 786514208 5 90 SH SOLE 90 0 0
NEW
SANDISK INC COMMON 80004C101 6309 238070 SH SOLE 10213 0 135940
0
SAPIENT CORP COMMON 803062108 123 1730 SH SOLE 1730 0 0
SAWTEK INC COMMON 805468105 159 4700 SH SOLE 4700 0 0
SCHERING PLOUGH COMMON 806605101 5 95 SH SOLE 95 0 0
CORP
SCHWAB CHARLES CORP COMMON 808513105 3710 38600 SH SOLE 32400 0 6200
NEW
SECURITY FIRST COMMON 814279105 16812 228730 SH SOLE 10658 0 122145
TECHNOLOG 5
SELECT APPOINTMENTS DEPOSI 81617E203 133 5000 SH SOLE 5000 0 0
HLDG TORY
RECEI
SEMTECH CORP COMMON 816850101 10037 314900 SH SOLE 13723 0 177670
0
SEPRACOR INC COMMON 817315104 51424 458120 SH SOLE 39532 0 62800
0
SHARPER IMAGE CORP COMMON 820013100 156 14300 SH SOLE 14300 0 0
SHAW INDS INC COMMON 820286102 37 1980 SH SOLE 1980 0 0
SHOP AT HOME INC COM 825066301 158 12600 SH SOLE 12600 0 0
NEW
SIEBEL SYSTEMS INC COMMON 826170102 35932 756470 SH SOLE 65708 0 99390
0
SIEBERT FINL CORP COMMON 826176109 341 15000 SH SOLE 15000 0 0
SMITH-GARDNER & COMMON 832059109 4049 286630 SH SOLE 13158 0 155050
ASSOCS 0
SOFTNET SYS INC COMMON 833964109 366 10000 SH SOLE 10000 0 0
SOFTWORKS INC COMMON 83404P102 285 20000 SH SOLE 20000 0 0
SOLECTRON CORP COMMON 834182107 4317 88890 SH SOLE 77190 0 11700
SONIC AUTOMOTIVE CL A 83545G102 236 15200 SH SOLE 15200 0 0
INC
SOUTHWEST AIRLS CO COMMON 844741108 4 140 SH SOLE 140 0 0
SPORTSLINE USA INC COMMON 848934105 7685 168440 SH SOLE 81640 0 86800
SPRINT CORP COM 852061100 6 60 SH SOLE 60 0 0
FON
GROUP
SPRINT CORP PCS 1 85206150 6603 149000 SH SOLE 12510 0 23900
COM 6 0
SER
SS&C TECHNOLOGIES COMMON 85227Q100 437 35340 SH SOLE 35340 0 0
INC
STAPLES INC COMMON 855030102 5536 168400 SH SOLE 14130 0 27100
0
STARBUCKS CORP COMMON 855244109 281 10000 SH SOLE 10000 0 0
STMICROELECTRONICS COMMON 861012102 486 5000 SH SOLE 5000 0 0
N V
SUN MICROSYSTEMS COMMON 866810104 7429 59405 SH SOLE 49805 0 9600
INC
SYKES ENTERPRISES COMMON 871237103 13663 422830 SH SOLE 16544 0 257390
INC 0
SYNETIC INC COMMON 87160F109 13363 239150 SH SOLE 94600 0 144550
TSI INTERNATIONAL COMMON 872879101 11772 241160 SH SOLE 12366 0 117500
SOFTWA 0
TLC THE LASER CTR COMMON 872934104 6412 199200 SH SOLE 81920 0 117280
INC
TMP WORLDWIDE INC COMMON 872941109 207 3190 SH SOLE 3190 0 0
TARRANT APPAREL COMMON 876289109 11756 279900 SH SOLE 11336 0 166540
GROUP 0
TECHNE CORP COMMON 878377100 284 9820 SH SOLE 9820 0 0
TELEBANC FINANCIAL COMMON 87925R109 18358 230200 SH SOLE 10417 0 126030
CORP 0
TELESCAN INC COMMON 879516102 207 12100 SH SOLE 12100 0 0
TELEWEST DEPOSI 87956P105 408 9300 SH SOLE 9300 0 0
COMMUNICATIONS TORY
RECEI
TERADYNE INC COMMON 880770102 901 16520 SH SOLE 16520 0 0
TERAYON COMMON 880775101 11303 282570 SH SOLE 11933 0 163240
COMMUNICATION SY 0
TEXAS INSTRS INC COMMON 882508104 3002 30245 SH SOLE 25345 0 4900
THEGLOBE COM INC COMMON 88335R101 209 4000 SH SOLE 4000 0 0
TIFFANY & CO COMMON 886547108 18674 249815 SH SOLE 21654 0 33270
5
TIME WARNER INC COMMON 887315109 5812 82080 SH SOLE 68680 0 13400
TORONTO DOMINION CALL 4 89116050 919 20000 SH CALL SOLE 20000 0 0
BANK OPT 9
APR
TRANSWITCH CORP COMMON 894065101 18258 403490 SH SOLE 18815 0 215340
0
TRICON GLOBAL COMMON 895953107 152 2170 SH SOLE 2170 0 0
RESTAURANT
TWEETER HOME ENTMT COMMON 901167106 281 8700 SH SOLE 8700 0 0
GROUP
24 COMMON 901314104 13558 263260 SH SOLE 11657 0 146690
0
TYCO INTL LTD NEW COMMON 902124106 8 110 SH SOLE 110 0 0
U S FRANCHISE SVCS CL A 902956309 156 10700 SH SOLE 10700 0 0
INC NEW
UBID INC COMMON 903469104 633 9700 SH SOLE 9700 0 0
UNIFY CORP COMMON 904743101 442 29480 SH SOLE 29480 0 0
UNISYS CORP COMMON 909214108 57 2070 SH SOLE 2070 0 0
USWEB CORP COMMON 917327108 776 18800 SH SOLE 18800 0 0
VALLEY MEDIA INC COMMON 91972C106 2341 102900 SH SOLE 47880 0 55020
VANTIVE CORP COMMON 922091103 253 21010 SH SOLE 21010 0 0
VERIO INC COMMON 923433106 10034 217550 SH SOLE 94200 0 123350
VERITY INC COMMON 92343C106 11918 355750 SH SOLE 15794 0 197810
0
VERISIGN INC COMMON 92343E102 54789 355770 SH SOLE 22023 0 135540
0
VERTICALNET INC COMMON 92532L107 6691 64410 SH SOLE 27590 0 36820
VIATEL INC COMMON 925529208 7569 265580 SH SOLE 11205 0 153530
0
VIGNETTE CORP COMMON 926734104 10904 144900 SH SOLE 61610 0 83290
VIDEOSERVER INC COMMON 926918103 808 104280 SH SOLE 46995 0 57285
VISUAL NETWORKS INC COMMON 928444108 8739 233810 SH SOLE 97050 0 136760
VISX INC DEL COMMON 92844S105 16608 154400 SH SOLE 13352 0 20880
0
VITESSE COMMON 928497106 144 2840 SH SOLE 2840 0 0
SEMICONDUCTOR CO
VODAFONE GROUP PLC DEPOSI 92857T107 379 2020 SH SOLE 2020 0 0
TORY
RECEI
WPP GROUP PLC DEPOSI 929309300 458 5300 SH SOLE 5300 0 0
TORY
RECEI
WAL MART STORES INC COMMON 931142103 4710 51090 SH SOLE 42890 0 8200
WALGREEN CO COMMON 931422109 6 200 SH SOLE 200 0 0
WATERS CORP COMMON 941848103 169 1610 SH SOLE 1610 0 0
WEBTRENDS CORP COMMON 94844D104 12658 260310 SH SOLE 11019 0 150120
0
XILINX INC COMMON 983919101 150 3700 SH SOLE 3700 0 0
XIRCOM INC COMMON 983922105 9929 395190 SH SOLE 16588 0 229310
0
XOMED SURGICAL COMMON 98412V107 9714 247480 SH SOLE 10387 0 143605
PRODS INC 5
XOOM COM INC COMMON 98413F101 12471 185960 SH SOLE 81060 0 104900
YAHOO INC COMMON 984332106 461 2740 SH SOLE 2740 0 0
ZIFF-DAVIS INC COM 989511209 1800 50000 SH SOLE 20930 0 29070
ZDNET
ZORAN CORP COMMON 98975F101 141 8600 SH SOLE 8600 0 0
ZOMAX OPTICAL MEDIA COMMON 989929104 171 8500 SH SOLE 8500 0 0
INC
GEMSTAR INTL GROUP ORD G3788V106 48770 648110 SH SOLE 58476 0 63350
LTD 0
GLOBAL CROSSING LTD COMMON G3921A100 4773 103200 SH SOLE 90800 0 12400
FUNDTECH LTD ORD M47095100 232 7700 SH SOLE 7700 0 0
GALILEO TECHNOLOGY ORD M47298100 9058 309660 SH SOLE 13278 0 176880
LTD 0
GILAT SATELLITE ORD M51474100 9909 165150 SH SOLE 73380 0 91770
NETWKS
ORBOTECH LTD ORD M75253100 182 3700 SH SOLE 3700 0 0
ASM LITHOGRAPHY DEPOSI N07059111 818 18170 SH SOLE 18170 0 0
HLDG N V TORY
RECEI
PACIFIC INTERNET ORD Y66183107 1839 31600 SH SOLE 31600 0 0
LTD
</TABLE>
