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 Number: __________
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report.
Name: Pichin Corp. (as sponsor of the TWA Retirement Plans)
Address: 100 South Bedford Road
Mt. Kisco, NY 10549
File 13F File Number: 28-3758
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, statement,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Gail Golden
Title: Vice President and Secretary
Phone: (212) 702-4300
Signature, Place, and Date of Signing:
/s/ Gail Golden New York, New York 5/11/99
[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).)
1
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[ ] 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).)
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 73
Form 13F Information Table Value Total: $288,912
(thousands)
List of Other Included Managers: None
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FORM 13F INFORMATION TABLE
AS OF MARCH 31, 1999 (SEC USE ONLY)
NAME OF REPORTING MANAGER: Pichin Corp. (as Sponsor of the TWA Retirement Plan)
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Item 4: Item 5: Item 6:
FAIR SHARES INVEST- Item 7: Item 8:
Item 2: Item 3: MARKET OF MENT MANAGERS VOTING
Item 1: TITLE OF CUSIP VALUE PRINCIPAL DISCRE- SEE AUTHORITY
NAME OF ISSUER CLASS NUMBER (000) AMOUNT TION INSTR. V (SHARES)
(b)
Shared
as De-
fined (c)
(a) in In- Shared (a) (b) (c)
Sole str. V Other Sole Shared None
AFLAC Inc. Com 001055102 10,003 183,750 X 183,750
AT&T Corp. Com 001957109 15,963 200,000 X 200,000
American Com 025816109 11,775 100,000 X 100,000
Express Co.
Ascent Com 043628106 1,337 122,200 X 122,200
Entmt Group
Inc.
BCE Inc. Com 05534B109 8,863 200,000 X 200,000
BHC Cl A 055448104 274 2,230 X 2,230
Communications
Inc.
BP Amoco Sponsored 055622104 1,804 17,865 X 17,865
P L C ADR
Baker Hughes Com 057224107 2,431 100,000 X 100,000
Inc.
Bank One Com 06423A103 6,391 116,068 X 116,068
Corp.
Bankamerica Com 06605F102 912 12,918 X 12,918
Corp. New
CBS Corp. Com 12490K107 408 10,000 X 10,000
Canadian PAC
Ltd. New Com 135923100 3,913 200,000 X 200,000
Cendant Corp. Com 151313103 311 19,552 X 19,552
Chevron Com 166751107 462 5,200 X 5,200
Corporation
City Investing Unit Ben 177900107 71 55,700 X 55,700
Co. Liq. Tr. Int
Coca Cola
Enterprises
Inc. Com 191219104 9,075 300,000 X 300,000
Comsat Corp. Com Ser I 20564D107 7,234 250,000 X 250,000
Corning Inc. Com 219350105 12,000 200,000 X 200,000
Covance Inc. Com 222816100 1,253 50,000 X 50,000
DuPont E.I.
De Nemours
& Co. Com 263534109 17,419 300,000 X 300,000
El Paso Energy
Corp. Del. Com 283905107 760 23,250 X 23,250
Emerging Mkts
Telecommuni-
cations Com 290887108 233 25,000 X 25,000
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Emerging Mkts
Infras-
tructure Com 290921105 163 20,000 X 20,000
FDX Corp. Com 31304N107 1,012 10,880 X 10,880
General Mtrs.
Corp. Com 370442105 17,400 200,000 X 200,000
Golden West
Finl Corp.
Del. Com 381317106 2,865 30,000 X 30,000
COLUMN TOTAL 134,332
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Hewlett Packard
Co. Com 428236103 1,031 15,200 X 15,200
Home Depot
Inc. Com 437076102 964 15,482 X 15,482
Imperial Oil
Ltd. Com New 453038408 396 20,718 X 20,718
International
Business
Machines Com 459200101 35,450 200,000 X 200,000
Isco Inc. Com 464268101 278 55,545 X 55,545
IT Group Inc. Com 465266104 705 54,780 X 54,780
Kaneb Services
Inc. Com 484170105 420 103,300 X 103,300
Kerr McGee
Corp. Com 492386107 2,435 74,200 X 74,200
Keycorp New Com 493267108 679 22,400 X 22,400
Koninklijke Sponsored 500472105 16,488 200,000 X 200,000
Philips ADR
Electrs NV
Lehman Bros
Hldgs Inc. Com 524908100 1,793 30,000 X 30,000
Lockheed
Martin Corp. Com 539830109 6,193 164,056 X 164,056
Lucent Tech-
nologies Inc. Com 549463107 14,000 129,632 X 129,632
Magna Intl
Inc. Cl A 559222401 5,803 100,000 X 100,000
Martin
Marietta
Matls Inc. Com 573284106 4,840 84,827 X 84,827
Merck & Co.
Inc. Com 589331107 1,442 18,000 X 18,000
Mitchell
Energy &
Dev Corp. CL A 606592202 600 48,250 X 48,250
Mitchell
Energy &
Dev Corp. CL B 606592301 603 48,250 X 48,250
Morgan J P &
Co., Inc. Com 616880100 222 1,800 X 1,800
Morgan Stanley
India
Invt Fd Com 61745C105 93 10,151 X 10,151
Motorola Inc. Com 620076109 1,099 15,000 X 15,000
NCR Corp. New Com 62886E108 625 12,500 X 12,500
NL Inds Inc. Com New 629156407 630 70,000 X 70,000
National
Computer Sys
Inc. Com 635519101 2,940 120,000 X 120,000
Newport News
Shipbuilding
Inc. Com 652228107 792 25,000 X 25,000
Occidental Pete
Corp. Del Com 674599105 1,440 80,000 X 80,000
Omnicom Group
Inc. Com 681919106 4,796 60,000 X 60,000
Pall Corp. Com 696429307 850 51,300 X 51,300
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Parker
Drilling Co. Com 701081101 445 125,000 X 125,000
Pioneer
Hi Bred
Intl Inc. Com 723686101 406 10,800 X 10,800
Quest
Diagnostics
Inc. Com 74834L100 556 25,000 X 25,000
Raytheon Co. CL A 755111309 737 12,754 X 12,754
Repsol A A Sponsored 76026T205 410 8,000 X 8,000
ADR
San Juan Unit 798241105 514 76,100 X 76,100
Basin Rty Tr BenInt
Savoir
Technology
Group Inc. Com 80533W107 776 90,000 X 90,000
Sbarro Inc. Com 805844107 399 15,000 X 15,000
COLUMN TOTAL 111,850
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Sentry
Technology
Corp. Com 81731K101 10 30,776 X 30,776
Shell Trans & New Yrk 822703609 731 18,000 X 18,000
Trading PLC Sh New
Telefonos de SP ADR
Mexico SA Rep ORD 879403780 3,366 51,000 X 51,000
Tenneco
Inc. New Com 88037E101 3,492 125,000 X 125,000
US Bancorp
Del Com 902973106 8,131 238,701 X 238,701
Ultramar
Diamond
Shamrock
Corp. Com 904000106 2,647 122,400 X 122,400
Unionbancal
Corp. Com 908906100 843 24,750 X 24,750
Unisys Corp. Com 909214108 19,752 713,382 X 713,382
United
Television
Inc. Com 913066106 2,506 24,100 X 24,100
Weatherford
Intl Inc. Com 947074100 675 25,840 X 25,840
Winebago
Inds Inc. Com 974637100 577 41,200 X 41,200
TOTAL 288,912
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