EMERGING GROWTH MANAGEMENT CO
13F-HR, 1999-05-06
Previous: DT INDUSTRIES INC, 8-K, 1999-05-06
Next: SMURFIT STONE CONTAINER CORP, 4, 1999-05-06



						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 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:	Emerging Growth Management Co.
Address:	One Embarcadero Center, Suite 2410
		San Francisco, CA  94111

Form 13F File Number:	28-____________

The institutional investment manager filing this report and the person by 
whom it is signed hereby represent 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:	_____________________________
Title:	_____________________________
Phone:	_____________________________

Signature, Place and Date of Signing:

	_________________________		San Francisco, CA		4-___-1999
		[Signature]				[City, State]			[Date]

Report Type (Check only one.):

XXX	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:			116

Form 13F Information Table Value Total:			$521,248


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is 
filed, other than the manager filing this report.

NONE.
<Page

<TABLE>
                                                                  FORM 13F INFORMATION TABLE                                        
                                                           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  
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
AAR Corp.                      COM              000361105     3750   210500 SH       SOLE                   193900             16600
ACE*COMM Corp.                 COM              004404109       31    10000 SH       SOLE                    10000                 
Abgenix, Inc.                  COM              00339b107      272    18000 SH       SOLE                    18000                 
Advanced Polymer Systems Inc.  COM              00754G102      416    95000 SH       SOLE                    95000                 
Aeroflex, Inc.                 COM              007768104     5225   366700 SH       SOLE                   366700                 
Alternative Resources Corp.    COM              02145R102     2092   328100 SH       SOLE                   328100                 
Alza Corp                      COM              022615108     1192    31160 SH       SOLE                    31160                 
American Media Inc.            COM              02744l100      507    88200 SH       SOLE                    88200                 
American Mgmt. Sys., Inc.      COM              027352103    18491   541847 SH       SOLE                   506797             35050
American Xtal Tech., Inc.      COM              030514103     2315   102900 SH       SOLE                   102900                 
Artesyn Technologies, Inc.     COM              043127109     4955   400400 SH       SOLE                   380000             20400
BA Merchant Services, Inc.     COM              055239107    23788  1167500 SH       SOLE                  1085200             82300
Billing Concepts Corp.         COM              090063108    29900  2517900 SH       SOLE                  2411100            106800
Biotransplant Inc.             COM              09066y107      724   330900 SH       SOLE                   330900                 
CIMA Labs Inc.                 COM              171796105      184    60000 SH       SOLE                    60000                 
Catalytica Inc                 COM              148885106      132    12000 SH       SOLE                    12000                 
Central Garden & Pet Co.       COM              153527106    13775   816300 SH       SOLE                   751900             64400
Clarify Inc.                   COM              180492100     6424   240700 SH       SOLE                   240700                 
Colonial Properties Trust      COM              195872106     1244    48800 SH       SOLE                    48800                 
Computer Task Group, Inc.      COM              205477102    13774   644400 SH       SOLE                   605100             39300
Consolidated Graphics, Inc.    COM              209341106    21437   371200 SH       SOLE                   352200             19000
Corvas                         COM              221005101      442   176700 SH       SOLE                   176700                 
Crescent R.E. Equities Co.     COM              225756105     1116    51900 SH       SOLE                    51900                 
Cubist Pharmaceuticals         COM              229678107      135    43167 SH       SOLE                    43167                 
Cypress Bioscience, Inc. RESTR COM              732674991      558   150000 SH       SOLE                   150000                 
DSP Communications, Inc.       COM              23332K106    11860   747100 SH       SOLE                   688600             58500
Datum Inc.                     COM              238208102      542    80300 SH       SOLE                    80300                 
Depomed Inc.                   COM              249908104     1669   165900 SH       SOLE                   165900                 
EMCOR Group Inc.               COM              29084q100     9171   533600 SH       SOLE                   533600                 
EMS Technologies Inc.          COM              26873n108     3787   268100 SH       SOLE                   268100                 
Eagle Geophysical Inc.         COM              269524104       38    10000 SH       SOLE                    10000                 
Eclipse Surgical               COM              278849104      982    93500 SH       SOLE                    93500                 
ElderTrust                     COM              284560109      544    60500 SH       SOLE                    60500                 
Emulex Corp.                   COM              292475209     7636   231400 SH       SOLE                   231400                 
Endocardial Solutions Inc.     COM              292962107      225    25000 SH       SOLE                    25000                 
Endocare Inc.                  COM              29264p104      400   105000 SH       SOLE                   105000                 
Endosonics Corp.               COM              29264K105      162    25000 SH       SOLE                    25000                 
Enzon, Inc. (Private Placement COM              293904018      737    50000 SH       SOLE                    50000                 
Epix Medical Inc.              COM              26881Q101      364    45500 SH       SOLE                    45500                 
FVC.Com, Inc.                  COM              30266p100     3542   277800 SH       SOLE                   277800                 
FileNET Corp.                  COM              316869106     6432   918900 SH       SOLE                   859900             59000
Foodmaker, Inc.                COM              344839204    13250   519600 SH       SOLE                   479200             40400
Footstar Inc.                  COM              344912100     2710    84700 SH       SOLE                    84700                 
General Cable Corp.            COM              369300108     7928   750600 SH       SOLE                   691400             59200
Global Industries, Ltd.        COM              379336100     1012   100000 SH       SOLE                   100000                 
Goody's Family Clothing, Inc.  COM              382588101     3274   234900 SH       SOLE                   217300             17600
HIE, Inc.                      COM              40419w100     1592   353800 SH       SOLE                   353800                 
Health Care REIT, Inc.         COM              42217K106     1118    52000 SH       SOLE                    52000                 
Henry Schein, Inc.             COM              806407102    16117   638300 SH       SOLE                   594900             43400
Hot Topic Inc.                 COM              441339108      381    21000 SH       SOLE                    21000                 
IGEN International, Inc.       COM              449536101      912    38000 SH       SOLE                    38000                 
INSpire Insurance Solutions, I COM              457732105     3779   198900 SH       SOLE                   198900                 
Indus International            COM              45578L100       44    10000 SH       SOLE                    10000                 
Innerdyne Co.                  COM              45764d102      271   140000 SH       SOLE                   140000                 
Innotrac Corp.                 COM              45767m109     5025   305700 SH       SOLE                   305700                 
International Multifoods Corp. COM              460043102    12472   535000 SH       SOLE                   493800             41200
Intranet Solutions Inc.        COM              460939309      247    30000 SH       SOLE                    30000                 
KLA-Tencor Corp.               COM              482480100     6216   128000 SH       SOLE                   128000                 
Kulicke & Soffa Ind. Inc.      COM              501242101      252    10000 SH       SOLE                    10000                 
La Jolla Pharmaceutical        COM              503459109      184    70000 SH       SOLE                    70000                 
Lecroy Corp.                   COM              52324W109      814    52500 SH       SOLE                    52500                 
MICROS Systems, Inc.           COM              594901100    17318   524800 SH       SOLE                   492400             32400
Mail-Well, Inc.                COM              560321200     3678   275000 SH       SOLE                   275000                 
MasTec, Inc.                   COM              576323109    14069   618400 SH       SOLE                   593300             25100
Measurement Specialties Inc.   COM              583421102       75    10000 SH       SOLE                    10000                 
Medarex Inc.                   COM              583916101      709   222500 SH       SOLE                   222500                 
Medstone International Inc.    COM              58505C101      503    73200 SH       SOLE                    73200                 
MeriStar Hospitality Corp.     COM              58984y103     1562    85900 SH       SOLE                    85900                 
Metamor Worldwide, Inc.        COM              59133p100     3783   270200 SH       SOLE                   249100             21100
NCS HealthCare, Inc.           COM              628874109     4840   403300 SH       SOLE                   371500             31800
Nabors Industries, Inc.        COM              629568106     5218   286900 SH       SOLE                   264400             22500
Novadigm, Inc.                 COM              669937104     3145   483800 SH       SOLE                   483800                 
OSI Pharmaceuticals Inc.       COM              671040103      500   100000 SH       SOLE                   100000                 
Omnicare, Inc.                 COM              681904108     5440   285400 SH       SOLE                   262900             22500
PAREXEL Int'l Corp.            COM              699462107     6155   297500 SH       SOLE                   274100             23400
PairGain Technologies, Inc.    COM              695934109     5360   549700 SH       SOLE                   506300             43400
Pharmacopeia, Inc.             COM              71713b104      478    66000 SH       SOLE                    66000                 
Physicians Reliance Network, I COM              71940G108    14421  1696600 SH       SOLE                  1594500            102100
Physicians' Specialty Corp.    COM              718934102     2942   435800 SH       SOLE                   435800                 
Pomeroy Computer Resources, In COM              731822102      585    45000 SH       SOLE                    45000                 
Power Integrations, Inc.       COM              739276103     1911    60200 SH       SOLE                    60200                 
RWD Technologies, Inc.         COM              74975B101     3039   174300 SH       SOLE                   174300                 
Rational Software Corp.        COM              75409P202     4724   176200 SH       SOLE                   176200                 
Rayovac Corp.                  COM              755081106     7894   286400 SH       SOLE                   261300             25100
Remedy Corp.                   COM              759548100    12097   864100 SH       SOLE                   795900             68200
Rowan Companies, Inc.          COM              779382100     4986   393000 SH       SOLE                   362000             31000
Sangstat Medical Corp.         COM              801003104      203    16400 SH       SOLE                    16400                 
ScanSource, Inc.               COM              806037107     2919   163300 SH       SOLE                   163300                 
Semtech Corp.                  COM              816850101      637    20000 SH       SOLE                    20000                 
Stanford Telecommunications, I COM              854402104     3185   205500 SH       SOLE                   205500                 
Strayer Education, Inc.        COM              863236105     8998   243200 SH       SOLE                   225700             17500
Suiza Foods Corp.              COM              865077101    18414   546600 SH       SOLE                   521300             25300
Systemsoft Corp.               COM              871926101        1    10400 SH       SOLE                    10400                 
Teltrend Inc.                  COM              87969r106     2996   190200 SH       SOLE                   190200                 
Tetra Technologies, Inc.       COM              88162F105       81    12000 SH       SOLE                    12000                 
The Bisys Group, Inc.          COM              055472104    10873   193300 SH       SOLE                   178200             15100
The Spectranetics Corp. - REST COM              84760c107      562   200000 SH       SOLE                   200000                 
The Titan Corp.                COM              888266103      102    20000 SH       SOLE                    20000                 
Tier Technologies, Inc.        COM              88650q100     2296   264300 SH       SOLE                   264300                 
Titan Pharmaceuticals Inc.(Res COM              888314101      682   182000 SH       SOLE                   182000                 
Titan Pharmeceuticals          COM              888314101      375   100000 SH       SOLE                   100000                 
Triangle Pharmaceuticals(Restr COM              89589H104      534    50000 SH       SOLE                    50000                 
Trident Microsystems, Inc.     COM              895919108     1241   198100 SH       SOLE                   198100                 
Unitrode Corp.                 COM              913283107    17696  1264000 SH       SOLE                  1199500             64500
Universal Health Realty Income COM              91359E105      244    12500 SH       SOLE                    12500                 
Valley Media, Inc.             COM              91972c106     1308    57500 SH       SOLE                    57500                 
Varco International, Inc.      COM              922126107      922    82900 SH       SOLE                    82900                 
Veritas Software Corp.         COM              923436109     7204    89212 SH       SOLE                    89212                 
Verity Inc.                    COM              92343C106     6194   184900 SH       SOLE                   184900                 
Veterinary Centers of America  COM              925514101    11670   826200 SH       SOLE                   781800             44400
Visio Corp.                    COM              927914101    11748   417700 SH       SOLE                   385100             32600
Workflow Mgmt. Inc.            COM              98137n109       77    11400 SH       SOLE                    11400                 
Kmart Financing I Preferred                     498778208     1573    26000 SH       SOLE                    26000                 
SkyTel Communications Inc.                      83087q302     1589    54800 SH       SOLE                    54800                 
Suiza Capital Trust II                          86507g408     1390    40000 SH       SOLE                    40000                 
Tower Automotive Capital Trust                  891706202     1527    34900 SH       SOLE                    34900                 
</TABLE>






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission