UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
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: Ashford Capital Management, Inc.
Address: P.O. Box 4172
Wilmington, DE 19807
Form 13F File Number: 28-3420
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: Jane C. Ashford
Title: Treasurer
Phone: 302-655-1750
Signature, Place, and Date of Signing:
____________________ _____________________________ __________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 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
manager(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
manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 136
Form 13F Information Table Value Total: $557,856
(thousands)
List of Other Included Managers: NONE
<PAGE>
<TABLE>
<S> <C> <C> <C> <S> <C> <C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
ARI NETWORK SVCS INC COM NEW 001930205 2668 254100 SH SOLE 254100 0 0
AARON RENTS INC COMMON 002535201 4361 245700 SH SOLE 245700 0 0
ACTEL CORP COMMON 004934105 5383 224300 SH SOLE 224300 0 0
ADOBE SYS INC COMMON 00724F101 948 14100 SH SOLE 14100 0 0
ADVANCED MACH VISION COR CL A 00753B104 750 960000 SH SOLE 960000 0 0
BIOTECHNOLOGY INV PTG RED PRF US.0 0097701 8461 1958700 SH SOLE 1958700 0 0
ALLIED CAP CORP NEW COMMON 01903Q108 6158 336300 SH SOLE 336300 0 0
AMBASSADORS INTL INC COMMON 023178106 6381 583400 SH SOLE 583400 0 0
AMERICAN PWR CONVERSION COMMON 029066107 3592 136200 SH SOLE 136200 0 0
ANAREN MICROWAVE INC COMMON 032744104 1380 25500 SH SOLE 25500 0 0
ANESTA CORP COMMON 034603100 2767 161000 SH SOLE 161000 0 0
APPLIED IMAGING CORP COMMON 03820G106 1533 1226333 SH SOLE 1226333 0 0
ARCADIA FINL LTD COMMON 039101100 4340 978000 SH SOLE 978000 0 0
ARMOR HOLDINGS INC COMMON 042260109 2328 177400 SH SOLE 177400 0 0
ARTESYN TECHNOLOGIES INC COMMON 043127109 5836 277883 SH SOLE 277883 0 0
BMC SOFTWARE INC COMMON 055921100 2047 25608 SH SOLE 25608 0 0
BELLSOUTH CORP COMMON 079860102 421 9000 SH SOLE 9000 0 0
BERKSHIRE HATHAWAY INC D CL A 084670108 1515 27 SH SOLE 27 0 0
BERKSHIRE HATHAWAY INC D CL B 084670207 1297 709 SH SOLE 709 0 0
BRISTOL MYERS SQUIBB CO COMMON 110122108 218 3400 SH SOLE 3400 0 0
BROWN & BROWN INC COMMON 115236101 862 22500 SH SOLE 22500 0 0
BUFFETS INC COMMON 119882108 1335 133450 SH SOLE 133450 0 0
CMGI INC COMMON 125750109 44666 161321 SH SOLE 161321 0 0
CSG SYS INTL INC COMMON 126349109 6300 158000 SH SOLE 158000 0 0
CAREY INTERNATIONAL INC COMMON 141750109 7144 293100 SH SOLE 293100 0 0
CASH AMER INTL INC COMMON 14754D100 4080 418500 SH SOLE 418500 0 0
CENTRAL PKG CORP COMMON 154785109 14149 739815 SH SOLE 739815 0 0
CHALONE WINE GROUP LTD COMMON 157639105 92 10600 SH SOLE 10600 0 0
CHEVRON CORPORATION COMMON 166751107 528 6100 SH SOLE 6100 0 0
CHOICE HOTELS INTL INC COMMON 169905106 394 23001 SH SOLE 23001 0 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 5338 118464 SH SOLE 118464 0 0
CLARUS CORP COMMON 182707109 24948 378000 SH SOLE 378000 0 0
COCA COLA CO COMMON 191216100 503 8632 SH SOLE 8632 0 0
CONCEPTUS INC COMMON 206016107 950 253400 SH SOLE 253400 0 0
COPART INC COMMON 217204106 18157 417400 SH SOLE 417400 0 0
COSTAR GROUP INC COMMON 22160N109 3663 102100 SH SOLE 102100 0 0
COUSINS PPTYS INC COMMON 222795106 9413 277350 SH SOLE 277350 0 0
CREDIT ACCEP CORP MICH COMMON 225310101 49 13200 SH SOLE 13200 0 0
DAILY JOURNAL CORP COMMON 233912104 722 22400 SH SOLE 22400 0 0
DAISYTEK INTL CORP COMMON 234053106 1049 45000 SH SOLE 45000 0 0
DRUG EMPORIUM INC SDCV 7.750 10/0 262175AA0 458 810000 PRN SOLE 810000 0 0
DU PONT E I DE NEMOURS & COMMON 263534109 1479 22454 SH SOLE 22454 0 0
ELECTRONIC PROCESSING IN COMMON 285798104 5561 370700 SH SOLE 370700 0 0
EXCALIBUR TECHNOLOGIES C COM NEW 300651205 8302 402500 SH SOLE 402500 0 0
EXPEDITORS INTL WASH INC COMMON 302130109 6335 144600 SH SOLE 144600 0 0
EXXON MOBIL CORP COMMON 30231G102 2535 31465 SH SOLE 31465 0 0
FEDERAL AGRIC MTG CORP CL C 313148306 5327 263900 SH SOLE 263900 0 0
FIRST DATA CORP COMMON 319963104 6438 130552 SH SOLE 130552 0 0
CMGI INC PUT OPT JAN 9 34299W9M2 895 10000 SH PUT SOLE 10000 0 0
GTS DURATEK INC COMMON 36237J107 3993 507000 SH SOLE 507000 0 0
GARDEN FRESH RESTAURANT COMMON 365235100 185 10800 SH SOLE 10800 0 0
GENERAL ELEC CO COMMON 369604103 496 3204 SH SOLE 3204 0 0
GERALD STEVENS INC COMMON 37369G101 5277 630100 SH SOLE 630100 0 0
GLENBOROUGH RLTY TR INC COMMON 37803P105 7018 524700 SH SOLE 524700 0 0
GO2NET INC COMMON 383486107 774 8900 SH SOLE 8900 0 0
HARBINGER CORP COMMON 41145C103 6005 188750 SH SOLE 188750 0 0
HEWLETT PACKARD CO COMMON 428236103 844 7417 SH SOLE 7417 0 0
HOMESEEKERS COM INC COMMON 437605108 5351 407700 SH SOLE 407700 0 0
INHALE THERAPEUTIC SYS I COMMON 457191104 4788 112500 SH SOLE 112500 0 0
INHALE THERA SYS 144A SDCV 6.75 10/13/ 457191AA2 4715 3350000 PRN SOLE 3350000 0 0
INTEGRAL SYS INC MD COMMON 45810H107 4814 109100 SH SOLE 109100 0 0
INTEL CORP COMMON 458140100 494 6000 SH SOLE 6000 0 0
INTL PAPER CO COMMON 460146103 302 5346 SH SOLE 5346 0 0
INTERNATIONAL RECTIFIER COMMON 460254105 1872 72000 SH SOLE 72000 0 0
INTERNATIONAL SPEEDWAY C CL A 460335201 6861 136200 SH SOLE 136200 0 0
INTERNATIONAL SPEEDWAY C CL B 460335300 1886 37725 SH SOLE 37725 0 0
INTERNET COMM CORP CL A 46059F109 467 15000 SH SOLE 15000 0 0
IONICS INC COMMON 462218108 1504 53485 SH SOLE 53485 0 0
JOHNSON & JOHNSON COMMON 478160104 629 6740 SH SOLE 6740 0 0
KAISER VENTURES INC COMMON 483100103 6747 422100 SH SOLE 422100 0 0
KENT ELECTRS CORP COMMON 490553104 1010 44400 SH SOLE 44400 0 0
KRONOS INC COMMON 501052104 13732 228862 SH SOLE 228862 0 0
LIBERTY PPTY TR SH BEN INT 531172104 1433 57900 SH SOLE 57900 0 0
LIFELINE SYS INC COMMON 532192101 558 37200 SH SOLE 37200 0 0
LITTELFUSE INC COMMON 537008104 9189 378700 SH SOLE 378700 0 0
MBNA CORP COMMON 55262L100 10138 372042 SH SOLE 372042 0 0
MDC CORP CL A SUBVTGNEW 55267W309 925 110500 SH SOLE 110500 0 0
MCI WORLDCOM INC COMMON 55268B106 3606 67951 SH SOLE 67951 0 0
MDSI MOBILE DATA SOLUTIO COMMON 55268N100 1115 43300 SH SOLE 43300 0 0
MANOR CARE INC NEW COMMON 564055101 312 19500 SH SOLE 19500 0 0
MAPINFO CORP COMMON 565105103 20326 553100 SH SOLE 553100 0 0
MAPQUEST COM INC COMMON 565644101 4359 193200 SH SOLE 193200 0 0
MAXIM INTEGRATED PRODS I COMMON 57772K101 10428 221000 SH SOLE 221000 0 0
MEDALLION FINL CORP COMMON 583928106 8658 482700 SH SOLE 482700 0 0
MENS WEARHOUSE INC COMMON 587118100 441 15000 SH SOLE 15000 0 0
MERCK & CO INC COMMON 589331107 282 4200 SH SOLE 4200 0 0
MERCURY COMPUTER SYS COMMON 589378108 21025 600700 SH SOLE 600700 0 0
MICROSOFT CORP COMMON 594918104 1214 10400 SH SOLE 10400 0 0
MILLER INDS INC TENN COMMON 600551105 3323 1155850 SH SOLE 1155850 0 0
MOTOR CARGO INDS COMMON 619907108 582 125800 SH SOLE 125800 0 0
NATIONAL DATA CORP NOTE 5.000 11/0 635621AA3 1787 1975000 PRN SOLE 1975000 0 0
NOVAMETRIX MED SYS INC COMMON 669870107 1770 358500 SH SOLE 358500 0 0
PE CORP (PE BIOSYSTEMS) COM PE BIO GRP 69332S102 10872 90368 SH SOLE 90368 0 0
PE CORP (CELERA GENOMICS CELERA GEN GRP 69332S201 3773 25321 SH SOLE 25321 0 0
PMR CORP COMMON 693451106 655 201400 SH SOLE 201400 0 0
PAMECO CORP COMMON 697934107 301 75300 SH SOLE 75300 0 0
PEGASUS SYSTEMS INC COMMON 705906105 1568 26000 SH SOLE 26000 0 0
PENTAIR INC COMMON 709631105 783 20342 SH SOLE 20342 0 0
PLANTRONICS INC NEW COMMON 727493108 6104 85300 SH SOLE 85300 0 0
POST PPTYS INC COMMON 737464107 1507 39400 SH SOLE 39400 0 0
PREF EMPL HLDGS (144A) SDCV 7.000 DUE 5 7399902A6 590 1250000 PRN SOLE 1250000 0 0
PREMIER PKS INC COM NEW 740540208 982 34000 SH SOLE 34000 0 0
PRICE T ROWE & ASSOCIATE COMMON 741477103 310 8400 SH SOLE 8400 0 0
PRINCETON VIDEO IMAGE IN COMMON 742476104 1324 165500 SH SOLE 165500 0 0
PRISON RLTY TR COMMON 74264N105 946 186800 SH SOLE 186800 0 0
PROGRESS SOFTWARE CORP COMMON 743312100 5953 104900 SH SOLE 104900 0 0
PROXYMED INC (144A) COMMON 744991100 435 44090 SH SOLE 44090 0 0
SHELDAHL INC SER D CV PFD $5.000 754990208 1067 1500 SH SOLE 1500 0 0
RESPIRONICS INC COMMON 761230101 703 88200 SH SOLE 88200 0 0
ROBBINS & MYERS INC COMMON 770196103 781 34500 SH SOLE 34500 0 0
ROWECOM INC COMMON 77957X108 5622 123900 SH SOLE 123900 0 0
S1 CORPORATION COMMON 78463B101 2508 32100 SH SOLE 32100 0 0
SRI CORP SDCV 8.750 1/0 784642AA8 630 260000 PRN SOLE 260000 0 0
SELECTIVE INS GROUP INC COMMON 816300107 519 30200 SH SOLE 30200 0 0
SEPRACOR INC COMMON 817315104 2541 25614 SH SOLE 25614 0 0
SEPRACOR INC SDCV 7.000 12/1 817315AF1 4231 4020000 PRN SOLE 4020000 0 0
SEPRACOR INC (REG'D) SDCV 7.000 12/1 817315AH7 3221 3060000 PRN SOLE 3060000 0 0
SHELDAHL CO COMMON 822440103 123 28496 SH SOLE 28496 0 0
SHOREWOOD PACKAGING CORP COMMON 825229107 528 27900 SH SOLE 27900 0 0
SUN MICROSYSTEMS INC COMMON 866810104 3841 49600 SH SOLE 49600 0 0
SYSTEMS & COMPUTER TECHN COMMON 871873105 1186 73000 SH SOLE 73000 0 0
SYSTEMS & COMPUTER TECHN SDCV 5.000 10/1 871873AB1 3567 4190000 PRN SOLE 4190000 0 0
TELESCAN INC COMMON 879516102 7231 292900 SH SOLE 292900 0 0
TERADYNE INC COMMON 880770102 1584 24000 SH SOLE 24000 0 0
THERAGENICS CORP COMMON 883375107 8559 944425 SH SOLE 944425 0 0
TRANSWITCH CORP COMMON 894065101 9324 128500 SH SOLE 128500 0 0
UNION PAC CORP COMMON 907818108 559 12784 SH SOLE 12784 0 0
UNION PAC RES GROUP INC COMMON 907834105 138 10827 SH SOLE 10827 0 0
UNITED DOMINION REALTY T COMMON 910197102 826 83692 SH SOLE 83692 0 0
UNITED HEALTHCARE CORP COMMON 910581107 1142 21500 SH SOLE 21500 0 0
VALUEVISION INTL INC CL A 92047K107 10236 178600 SH SOLE 178600 0 0
VITESSE SEMICONDUCTOR CO COMMON 928497106 9664 184300 SH SOLE 184300 0 0
WESTERN WTR CO COMMON 959881103 126 106000 SH SOLE 106000 0 0
WESTPOINT STEVENS INC COMMON 961238102 2924 167100 SH SOLE 167100 0 0
WOMEN FIRST HEALTHCARE COMMON 978150100 105 20000 SH SOLE 20000 0 0
CARLISLE HLDGS LTD ORD P21277101 12976 1081347 SH SOLE 1081347 0 0
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