FORM 13F COVER PAGE
Report for Calendar Year or Quarter Ended: 3/31/99
Institutional Investment Manager filing this report:
Name: Investors Management Services, Inc.
Address: 300 Park Street, Suite 310
P.O. Box 3019
Birmingham, MI 48012
Check if Amendment [ ] ; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
13F File Number: 28-4224
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 al required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Richard Wiggins
Title: President
Phone: 248-642-1020
Signature, Place and Date of Signing:
Richard Wiggins Birmingham, MI 5/13/99
Report Type: (Check only one.) :
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None
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: 76 data records
Form 13F Information Table Value Total: 121,731 (x$1000)
List of Other Included Managers: 0
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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>
PIMCO Advisors LP Cl A MUT FD 69338P102 423 13470 SH SOLE 13470
SB Short-term Hgh Gr Bd Fd Cl MUT FD 831800602 86 20911 SH SOLE 20911
3Com Corp. COM 885535104 1979 84900 SH SOLE 14975 69925
AT & T Corp. COM 001957109 2657 33296 SH SOLE 3670 29626
Agouron Pharmaceuticals, Inc. COM 008488108 3524 62296 SH SOLE 1600 60696
Alcatel Alsthom ADS COM 013904305 3525 154530 SH SOLE 28030 126500
AlliedSignal, Inc. COM 019512102 2362 48025 SH SOLE 11300 36725
Allstate COM 020002101 1453 39212 SH SOLE 11262 27950
American Express Co. COM 025816109 495 4200 SH SOLE 4200
American Home Products COM 026609107 444 6800 SH SOLE 6800
Amgen COM 031162100 1198 15994 SH SOLE 300 15694
Bank One Corp COM 06423A103 4717 85671 SH SOLE 9520 76151
Bellsouth Corp. COM 079860102 447 11152 SH SOLE 11152
Biogen Inc. COM 090597105 1806 15800 SH SOLE 15800
Biomet, Inc. COM 090613100 2870 68445 SH SOLE 2000 66445
Boston Scientific Corp. COM 101137107 593 14600 SH SOLE 14600
Bristol-Myers Squibb Co. COM 110122108 652 10160 SH SOLE 10160
Cambridge Technology COM 132524109 2169 156300 SH SOLE 36800 119500
Cisco Systems, Inc. COM 17275R102 2235 20401 SH SOLE 4487 15914
Citizens Bkg Corp COM 174420109 1686 46821 SH SOLE 12900 33921
Comerica, Inc. COM 200340107 397 6353 SH SOLE 300 6053
Computer Associates Int'l COM 204912109 939 26399 SH SOLE 1650 24749
Compuware Corp. COM 205638109 427 17900 SH SOLE 4800 13100
Corning Inc. COM 219350105 258 4300 SH SOLE 4300
Elan Corp plc ADR COM 284131208 2692 38595 SH SOLE 2150 36445
Electronic Data Systems Corp. COM 285661104 486 9975 SH SOLE 250 9725
Emerson Electric Co. COM 291011104 434 8200 SH SOLE 8200
Exxon Corp. COM 302290101 249 3531 SH SOLE 3531
FORE Systems COM 345449102 2790 147550 SH SOLE 22500 125050
First Data Corporation COM 319963104 1013 23690 SH SOLE 1600 22090
Fiserv Inc. COM 337738108 394 7350 SH SOLE 7350
Frontier Corp. COM 35906P105 1481 28546 SH SOLE 1200 27346
GTE Corp. COM 362320103 1353 22368 SH SOLE 22368
General Electric COM 369604103 2207 19950 SH SOLE 1800 18150
Hewlett-Packard COM 428236103 3950 58252 SH SOLE 10430 47822
Hospitality Properties Trust COM 44106M102 2721 100545 SH SOLE 24595 75950
IBM Corp. COM 459200101 1993 11245 SH SOLE 100 11145
Impath, Inc. COM 45255G101 510 20800 SH SOLE 10100 10700
Jabil Circuit Inc. COM 466313103 365 9000 SH SOLE 9000
Jefferson-Pilot Corp. COM 475070108 271 4000 SH SOLE 4000
Johnson & Johnson COM 478160104 245 2620 SH SOLE 2620
Masco Corp. COM 574599106 687 24310 SH SOLE 800 23510
MascoTech, Inc. COM 574670105 2727 175944 SH SOLE 35300 140644
McKesson HBOC Inc. COM 58155Q103 1364 20661 SH SOLE 5624 15037
Merck & Co., Inc. COM 589331107 1308 16330 SH SOLE 600 15730
Minntech Corp COM 604258103 237 18800 SH SOLE 4700 14100
Mobil Corp. COM 607059102 225 2556 SH SOLE 2556
Modis Professional Services COM 607830106 1345 148400 SH SOLE 44200 104200
Mylan Laboratories COM 628530107 1070 38996 SH SOLE 200 38796
Nat'l Instruments COM 636518102 591 20750 SH SOLE 600 20150
National City Corp. COM 635405103 1374 20703 SH SOLE 20703
National Commerce Bancorp COM 635449101 4183 183350 SH SOLE 37200 146150
Network Associates, Inc. COM 640938106 1370 44650 SH SOLE 12850 31800
Northern Telecom Ltd. COM 665815106 5173 83275 SH SOLE 15350 67925
Novell, Inc. COM 670006105 262 10400 SH SOLE 10400
Oracle Corp. COM 68389X105 234 8869 SH SOLE 150 8719
PNC Bank Corp. COM 693475105 4139 74500 SH SOLE 14600 59900
Pfizer, Inc. COM 717081103 500 3600 SH SOLE 3600
Popular Inc. COM 733174106 551 17840 SH SOLE 5740 12100
Procter & Gamble COM 742718109 206 2100 SH SOLE 2100
RPM, Inc. COM 749685103 3100 232846 SH SOLE 37375 195471
SAP Aktiengesellschaft ADR COM 803054204 3104 117950 SH SOLE 18800 99150
SBC Communications Inc. COM 78387G103 203 4292 SH SOLE 400 3892
Shared Medical Systems Corp. COM 819486101 877 15750 SH SOLE 2550 13200
Sigma-Aldrich Corp. COM 826552101 3059 104575 SH SOLE 20100 84475
Solectron Corp. COM 834182107 1428 29400 SH SOLE 29400
State Street Corp COM 857477103 247 3000 SH SOLE 3000
Steelcase Inc. Cl. 'A' COM 858155203 4174 274825 SH SOLE 40800 234025
Steris Corp. COM 859152100 2668 100200 SH SOLE 21800 78400
Stryker Corp. COM 863667101 3061 60697 SH SOLE 950 59747
Sun Microsystems Inc. COM 866810104 5688 45482 SH SOLE 6900 38582
Sybron Intl. Corp. Wisc COM 87114F106 2996 119850 SH SOLE 23900 95950
Thermo Electron COM 883556102 374 27544 SH SOLE 1300 26244
Thermo Instruments COM 883559106 1752 121361 SH SOLE 26780 94581
Watson Pharmaceuticals COM 942683103 446 10100 SH SOLE 3100 7000
Wolverine World Wide COM 978097103 515 54200 SH SOLE 10800 43400
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