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 [x]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[x] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Westwood Management Corporation
Address: 208 S. LaSalle Street, Suite 1698
Chicago, IL 60604
13F File Number: 801-11728
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: Michael Perlow
Title: President
Phone: 312-236-3336
Signature, Place, and Date of Signing:
Michael Perlow Chicago, Illinois 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 109
Form 13F Information Table Value Total: $445,308
List of Other Included Managers:
No. 13F File Number Name
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<TABLE>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING
AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP--
(x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED
NONE
<C>
<C>
D A T & T CORPORATION COM 001957109
8042 100764 SH SOLE 100764
D ABBOTT LABORATORIES COM 002824100
824 17600 SH SOLE 17600
D AIRTOUCH COMMUNICATIONS COM 00949T100
7923 82000 SH SOLE 82000
D ALLTEL CORPORATION COM 020039103
3452 55350 SH SOLE 55350
D ALTERA CORPORATION COM 021441100
9871 165900 SH SOLE 165900
D AMERICAN EXPRESS CO. COM 025816109
1223 10384 SH SOLE 10384
D AMERICAN HOME PRODUCTS CORP. COM 026609107
600 9200 SH SOLE 9200
D AMERICAN INTL. GROUP INC. COM 026874107
9268 76830 SH SOLE 76830
D AMERITECH CORPORATION COM 030954101
964 16728 SH SOLE 16728
D AMGEN INC. COM 031162100
5200 69450 SH SOLE 69450
D ANHEUSER BUSCH COMPANIES COM 035229103
1020 13400 SH SOLE 13400
D ASSOCIATES FIRST CAPITAL CORP. COM 046008108
2997 66600 SH SOLE 66600
D AUTOMATIC DATA PROCESSING INC. COM 053015103
637 15400 SH SOLE 15400
D AVON PRODUCTS INC. COM 054303102
527 11200 SH SOLE 11200
D AXOGEN LTD. COM G0690R108
249 8000 SH SOLE 8000
D BANK OF MONTREAL COM 063671101
402 10000 SH SOLE 10000
D BANK OF NEW YORK INC. COM 064057102
1725 48000 SH SOLE 48000
D BANK ONE CORPORATION COM 06423A103
364 6618 SH SOLE 6618
D BAXTER INTERNATIONAL INC. COM 071813109
964 14600 SH SOLE 14600
D BP AMOCO PLC ADR COM 055622104
1677 16601 SH SOLE 16601
D BRISTOL MYERS SQUIBB CO. COM 110122108
1719 26800 SH SOLE 26800
D BRITISH TELECOMMUNICATIONS PLC COM 111021408
443 2700 SH SOLE 2700
D BUCKEYE PARTNERS LP COM 118230101
441 16200 SH SOLE 16200
D CARNIVAL CORP. CLASS A COM 143658102
13666 281410 SH SOLE 281410
D CHASE MANHATTAN CORPORATION COM 16161A108
9612 118120 SH SOLE 118120
D CHUBB CORP. COM 171232101
223 3800 SH SOLE 3800
D CIRCUIT CITY STORES - CIRCT CI COM 172737108
3402 44400 SH SOLE 44400
D CISCO SYSTEMS INC. COM 17275R102
4021 36700 SH SOLE 36700
D CITIGROUP INC. COM 172967101
5019 78569 SH SOLE 78569
D CLOROX COMPANY COM 189054109
855 7300 SH SOLE 7300
D COCA COLA COMPANY COM 191216100
1541 25100 SH SOLE 25100
D ECOLAB INC. COM 278865100
3617 101880 SH SOLE 101880
D ELAN CORP. PLC ADR COM 284131208
10356 148480 SH SOLE 148480
D ELI LILLY & COMPANY COM 532457108
13800 162591 SH SOLE 162591
D EMC CORPORATION COM 268648102
9390 73500 SH SOLE 73500
D EXXON CORPORATION COM 302290101
3733 52900 SH SOLE 52900
D FANNIE MAE COM 313586109
1863 26900 SH SOLE 26900
D FDX CORP. COM 31304N107
781 8400 SH SOLE 8400
D FEDERAL HOME LOAN MTG. CORP. COM 313400301
275 4800 SH SOLE 4800
D FINOVA GROUP INC. COM 317928109
7366 142000 SH SOLE 142000
D FOUR SEASONS HOTELS INC. COM 35100E104
635 15200 SH SOLE 15200
D FPL GROUP INC. COM 302571104
261 4908 SH SOLE 4908
D GALILEO INTERNATIONAL INC. COM 363547100
2187 45200 SH SOLE 45200
D GENERAL ELECTRIC CO. COM 369604103
14410 130258 SH SOLE 130258
D GENERAL MOTORS CORP. COM 370442105
10875 125000 SH SOLE 125000
D GILLETTE CO. COM 375766102
3542 59600 SH SOLE 59600
D GUIDANT CORPORATION COM 401698105
302 5000 SH SOLE 5000
D HARLEY DAVIDSON INC. COM 412822108
367 6400 SH SOLE 6400
D HEWLETT PACKARD CO. COM 428236103
2077 30635 SH SOLE 30635
D HOME DEPOT INC. COM 437076102
12282 197298 SH SOLE 197298
D HOUSEHOLD INTERNATIONAL INC. COM 441815107
1063 23291 SH SOLE 23291
D ILLINOIS TOOL WORKS COM 452308109
6311 102000 SH SOLE 102000
D INTEL CORP. COM 458140100
3673 30900 SH SOLE 30900
D INTL. BUSINESS MACHINES CORP. COM 459200101
20889 117851 SH SOLE 117851
D JOHNSON & JOHNSON INC. COM 478160104
1253 13400 SH SOLE 13400
D KROGER COMPANY COM 501044101
383 6400 SH SOLE 6400
D KRONOS INC. COM 501052104
2359 96300 SH SOLE 96300
D LASER VISION CENTERS INC. COM 51807H100
3268 85725 SH SOLE 85725
D LINCOLN NATIONAL CORP. COM 534187109
1098 11100 SH SOLE 11100
D LOWES COMPANIES INC. COM 548661107
3095 51150 SH SOLE 51150
D LSI LOGIC CORP. COM 502161102
9119 292400 SH SOLE 292400
D LUCENT TECHNOLOGIES INC. COM 549463107
3184 29483 SH SOLE 29483
D MCDONALDS CORP. COM 580135101
6371 140600 SH SOLE 140600
D MCI WORLDCOM INC. COM 55268B106
15924 179800 SH SOLE 179800
D MEDIAONE GROUP, INC. COM 58440J104
356 5606 SH SOLE 5606
D MEDTRONIC, INC. COM 585055106
14045 195415 SH SOLE 195415
D MELLON BANK CORP. COM 585509102
510 7240 SH SOLE 7240
D MERCK & CO. COM 589331107
1790 22338 SH SOLE 22338
D MERRILL LYNCH & COMPANY, INC. COM 590188108
637 7200 SH SOLE 7200
D MGI PHARMA, INC. COM 552880106
140 16700 SH SOLE 16700
D MICROSOFT CORP. COM 594918104
11508 128400 SH SOLE 128400
D MOBIL CORPORATION COM 607059102
2722 30934 SH SOLE 30934
D MOLEX INC. COM 608554101
305 10372 SH SOLE 10372
D MOLEX INC. CLASS A COM 608554200
268 10372 SH SOLE 10372
D MOTOROLA INC. COM 620076109
601 8200 SH SOLE 8200
D NOKIA CORP. SPONS. ADR COM 654902204
6420 41220 SH SOLE 41220
D NORTHERN TRUST CORP. COM 665859104
1847 20800 SH SOLE 20800
D OIL-DRI CORPORATION OF AMERICA COM 677864100
613 42105 SH SOLE 42105
D PENTON MEDIA INC. COM 709668107
228 10145 SH SOLE 10145
D PFIZER, INC. COM 717081103
10066 72550 SH SOLE 72550
D PHILIP MORRIS COMPANIES INC. COM 718154107
246 7000 SH SOLE 7000
D PITTWAY CORP. COM 725790109
3587 136650 SH SOLE 136650
D PROCTER & GAMBLE CO. COM 742718109
2702 27590 SH SOLE 27590
D REUTERS GROUP PLC ADR COM 76132M102
5218 60068 SH SOLE 60068
D ROHM & HAAS CO. COM 775371107
238 7100 SH SOLE 7100
D ROYAL DUTCH PETROLEUM CO. COM 780257804
634 12200 SH SOLE 12200
D SAFEWAY INC. COM 786514208
5489 106975 SH SOLE 106975
D SCHERING PLOUGH CORP. COM 806605101
1238 22400 SH SOLE 22400
D SCHLUMBERGER, LTD. COM 806857108
1780 29580 SH SOLE 29580
D SERVICEMASTER CO. COM 81760N109
885 43571 SH SOLE 43571
D SOUTHDOWN INC. COM 841297104
1589 29600 SH SOLE 29600
D SUN MICROSYSTEMS INC. COM 866810104
6747 53950 SH SOLE 53950
D TELEFONICA S A ADR COM 879382208
534 4182 SH SOLE 4182
D TIME WARNER INC. COM 887315109
10501 148300 SH SOLE 148300
D TRIBUNE COMPANY COM 896047107
288 4400 SH SOLE 4400
D TYCO INTERNATIONAL INC. NEW COM 902124106
14676 204550 SH SOLE 204550
D U.S. WEST, INC. (NEW) COM 91273H101
317 5756 SH SOLE 5756
D UNITED STATIONERS INC. COM 913004107
152 10000 SH SOLE 10000
D UNUM CORP. COM 903192102
1341 28200 SH SOLE 28200
D VARLEN CORP. COM 922248109
317 14425 SH SOLE 14425
D VISX INC. COM 92844S105
42272 393000 SH SOLE 393000
D VYSIS INC. COM 928961101
51 15000 SH SOLE 15000
D WAL-MART STORES INC. COM 931142103
369 4000 SH SOLE 4000
D WALGREEN CO. COM 931422109
1161 41100 SH SOLE 41100
D WALT DISNEY CO. (HOLDING CO.) COM 254687106
246 7900 SH SOLE 7900
D WILLIAMS COMPANIES INC. COM 969457100
695 17600 SH SOLE 17600
D WM. WRIGLEY JR. CO. COM 982526105
452 5000 SH SOLE 5000
D XEROX CORP. COM 984121103
14199 272400 SH SOLE 272400
D ELAN CORP. WTS CL. A EXP. 12/3 284131703
342 8000 SH SOLE 8000
S REPORT SUMMARY 109 DATA RECORDS
445308 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS
FILED
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