Form 13F
Form 13F Cover Page
Reporting for the Calendar Year or Quarter
Ended: March 31, 2000
Check here if Amendment [x]; Amendment
Number: 17
This Amendment (Check only one):
[x] is a restatement.
[ ] ads new holdings entries.
Institutional Investment Manager Filing this
Report:
Name: Corbyn Investment Management, Inc.
Address: Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Form 13F File Number: 28-4242
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: Karla K. Moore
Title: Corporate Secretary
Phone: 410-832-5500
Signature, Place and Date of Signing:
Karla K. Moore
Lutherville, MD April 25, 2000
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:
Numer of Other Included Managers:
0
Form 13F Information Table Entry Total:
61
Form 13F Information Table Value Total:
$129,646
List of Other Included Managers:
NONE
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Name of Issuer Title of Class CUSIP Value Shrs or SH/PRN Put/Call Investment Other Voting Authoirty
Prn amt Discretion Managers Sole Shared None
AT&T Corp. Com 001957109 2,075 36,890 SH SOLE 36,890
Alza Corp Com 022615108 3,515 93,574 SH SOLE 93,574
AMRESCO Capital ComShBenInt 031919103 1,214 119,150 SH SOLE 119,150
Andarko Petroleum Com 032511107 224 5,800 SH SOLE 5,800
Apache Corp Com 037411105 418 8,400 SH SOLE 8,400
Barnett, Inc. Com 068062108 848 77,075 SH SOLE 77,075
Bostonfed Bancorp Com 101178101 405 36,582 SH SOLE 36,582
Chesapeake Utilities Com 165303108 271 16,000 SH SOLE 16,000
Columbia Energy Com 197648108 5,081 85,750 SH SOLE 85,750
Complete Business Sol Com 20452F107 251 11,200 SH SOLE 11,200
Condor Tech Solutions Com 206772105 15 20,000 SH SOLE 20,000
Dime Bancorp Com 25429Q102 1,775 95,927 SH SOLE 95,927
Eastern Enterprises Com 27637F100 299 5,000 SH SOLE 5,000
Hi-Shear Industries Com 428399109 2,358 943,300 SH SOLE 943,300
ITLA Capital Com 450565106 1,591 124,737 SH SOLE 124,737
Kinder Morgan Com 49455P101 4,258 123,425 SH SOLE 123,425
Martin Marietta Mtls Com 573284106 1,925 40,519 SH SOLE 40,519
Mercantile Bankshs Com 587405101 834 27,280 SH SOLE 27,280
Middleby Com 596278101 280 49,200 SH SOLE 49,200
Mitchell Energy CLA 606592202 1,708 78,100 SH SOLE 78,100
Mitchell Energy CLB 606592301 2,537 115,300 SH SOLE 115,300
Modis Professional Serv Com 607830106 2,770 223,851 SH SOLE 223,851
NS Group Com 628916108 979 60,000 SH SOLE 60,000
Networks Assoc Com 640938106 793 24,600 SH SOLE 24,600
Nicor Inc. Com 654086107 3,467 105,159 SH SOLE 105,159
OceanFirst Financial Com 675234108 224 14,246 SH SOLE 14,246
PartnerRe Holdings Com G6852T105 6,192 168,213 SH SOLE 168,213
PFF Bancorp Com 69331W104 754 48,659 SH SOLE 48,659
Piedmont Natural Gas Com 720186105 3,942 151,249 SH SOLE 151,249
Questar Corp. Com 748356102 2,213 119,210 SH SOLE 119,210
ReliaStar Com 75952U103 5,849 172,675 SH SOLE 172,675
Resource Asset Inv Com 761196104 908 84,491 SH SOLE 84,491
S3, Inc. Com 784849101 1,350 64,325 SH SOLE 64,325
Seagram Ltd Com 811850106 1,248 20,981 SH SOLE 20,981
Shared Medical Com 819486101 1,880 36,250 SH SOLE 36,250
SpeedFam-IPEC Com 847705100 1,017 51,200 SH SOLE 51,200
Spiros Development Com 848936100 1,071 76,500 SH SOLE 76,500
Sylvan Learning Com 871399101 1,835 115,125 SH SOLE 115,125
SunTrust Bks Com 867914103 4,141 71,711 SH SOLE 71,711
Transpro Inc. Com 893885103 282 56,375 SH SOLE 56,375
Tredegar Com 894650100 2,587 96,055 SH SOLE 96,055
Union Pacific Resources Com 907834105 290 20,000 SH SOLE 20,000
US Industries Com 912080108 5,198 469,982 SH SOLE 469,982
UnumProvident Corp Com 91529Y106 5,711 335,944 SH SOLE 335,944
Vastar Resources Com 922380100 1,099 14,800 SH SOLE 14,800
Waste Industries Com 941058109 625 56,850 SH SOLE 56,850
Washington Gas & Lgt Com 938837101 297 10,940 SH SOLE 10,940
Washington Mutual Com 939322103 1,462 54,765 SH SOLE 54,765
Woodward Governor Com 980745103 1,992 86,616 SH SOLE 86,616
Ann Taylor .55% '19 GTDSBDBCV 036115AC7 3,902 9,052,000 PRN SOLE 9,052,000
Cellstar 5% '02 SUBNTCONV 150925AC9 371 500,000 PRN SOLE 500,000
Center Tr Inc. SDCV 151845AA2 4,541 4,912,000 PRN SOLE 4,912,000
Dura Pharmac 3.5% 02 SUBNTCV 26632SAA7 4,134 4,982,000 PRN SOLE 4,982,000
Healthsouth 3.25% '03 SBDBCV 421924AF8 2,316 2,956,000 PRN SOLE 2,956,000
Kellstrom 5.5% '03 SBNTCV 488035AE6 731 1,500,000 PRN SOLE 1,500,000
Kellstrom 5.75% '02 SBNTCV 488035AC0 3,016 5,807,000 PRN SOLE 5,807,000
Network Assoc0% '18 SBDBCV 640938AB2 3,647 9,456,000 PRN SOLE 9,456,000
Personnel Grp 5.75% 04 SBNTCV 715338AE9 3,192 4,832,000 PRN SOLE 4,832,000
Prime Retail pfd 8.5% PfdConvSerB 741570303 3,757 469,655 SH SOLE 469,655
Transamerica 10%'03 SBDBCONV 89351VAA7 335 345,000 PRN SOLE 345,000
Waste Mgmt 4% 02 SUBNTCONV 94106LAA7 7,646 8,661,000 PRN SOLE 8,661,000
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