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: EVEREST CAPITAL
Address: 65 FRONT STREET, 6TH AVENUE
HAMILTON, BERMUDA HM JX
13 File Number: 28-4298
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
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: MALCOLM STOTT
Title:
Phone:
Signature, Place and Date of Signing:
MALCOLM STOTT May 17, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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: 39
Form 13F Information Table Value Total: 473808
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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 DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D AIRTOUCH COMMUNICATIONS INC COMMON STOCK 00949T100 11788 122000 SH SOLE 122000 0 0
D AMC ENTMT INC COM COMMON STOCK 001669100 14225 925260 SH SOLE 925260 0 0
D ASCEND COMMUNICATIONS INC COMMON STOCK 043491109 7531 90000 SH SOLE 90000 0 0
D ASIA PULP & PAPER LTD SPONS AD ADRS STOCKS 04516V100 4503 537700 SH SOLE 537700 0 0
D BROWNING-FERRIS INDS INC COMMON STOCK 115885105 9640 250000 SH SOLE 250000 0 0
D CD RADIO INC COM COMMON STOCK 125127100 6921 266211 SH SOLE 266211 0 0
D CENDANT CORP COM COMMON STOCK 151313103 26935 1690100 SH SOLE 1690100 0 0
D CISCO SYS INC COM COMMON STOCK 17275R102 5478 50000 SH SOLE 50000 0 0
D COCA COLA CO COM USD .25 OPTIONS - PUTS 1912160QL 3068 50000 SH PUT SOLE 50000 0 0
D COCA COLA CO COM USD .25 OPTIONS - PUTS 1912160TL 6137 100000 SH PUT SOLE 100000 0 0
D COLTEC INDS INC COM COMMON STOCK 196879100 8600 472900 SH SOLE 472900 0 0
D COMPAQ COMPUTER CORP COM COMMON STOCK 204493100 6337 200000 SH SOLE 200000 0 0
D DAIMLERCHRYSLER AG COM COMMON STOCK D1668R123 19916 232097 SH SOLE 232097 0 0
D DIAMOND OFFSHORE DRILLING INC COMMON STOCK 25271C102 18279 578000 SH SOLE 578000 0 0
D DRESS BARN INC COM COMMON STOCK 261570105 1734 125000 SH SOLE 125000 0 0
D FRONTIER CORP COM COMMON STOCK 35906P105 33672 649100 SH SOLE 649100 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0SI 11490 221500 SH PUT SOLE 221500 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0VI 11931 230000 SH PUT SOLE 230000 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0VJ 5446 105000 SH PUT SOLE 105000 0 0
D GENERAL ELEC CO USD .16 COM COMMON STOCK 369604103 2765 25000 SH SOLE 25000 0 0
D GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 2543 55000 SH SOLE 55000 0 0
D GRUPO INDL MASECA S A DE C V ADRS STOCKS 400488409 1206 98000 SH SOLE 98000 0 0
D MCI WORLDCOM INC COM COMMON STOCK 55268B106 44281 500000 SH SOLE 500000 0 0
D NS GROUP INC COM COMMON STOCK 628916108 9890 1778100 SH SOLE 1778100 0 0
D ORBOTECH LTD ILP COM COMMON STOCK M75253100 4077 83000 SH SOLE 83000 0 0
D PANAMSAT CORP COM COMMON STOCK 697933109 17928 576000 SH SOLE 576000 0 0
D PHARMERICA INC COM COMMON STOCK 717135107 1600 320000 SH SOLE 320000 0 0
D SIGNET GROUP PLC SPONS ADR ADRS STOCKS 82668L872 51108 2203124 SH SOLE 2203124 0 0
D SPORTSLINE USA INC COM COMMON STOCK 848934105 1825 40000 SH SOLE 40000 0 0
D STAR GAS PARTNERS LP UNIT L P COMMON STOCK 85512C105 140 10000 SH SOLE 10000 0 0
D TELECENTRO SUL PARTICIPA ADRS STOCKS 879239101 531 11500 SH SOLE 11500 0 0
D TELECOM ITALIA SPA ADR (EACH R ADRS STOCKS 87927W106 8590 82300 SH SOLE 82300 0 0
D TELENORTE LESTE PARTICIP ADRS STOCKS 879246106 615 40000 SH SOLE 40000 0 0
D TUBOS DE ACERO DE ME XICO SA T ADRS STOCKS 898592506 13986 1554000 SH SOLE 1554000 0 0
D UNITED INTERNATIONAL HLDGS IN COMMON STOCK 910734102 54767 1259015 SH SOLE 1259015 0 0
D UNITED PAN-EUROPE CO MM NV SPO ADRS STOCKS 911300200 1338 35000 SH SOLE 35000 0 0
D US AIRWAYS GROUP INC COM COMMON STOCK 911905107 30415 623100 SH SOLE 623100 0 0
D VARIAN ASSOC INC ** SEE CUSIP COMMON STOCK 922204102 5618 145000 SH SOLE 145000 0 0
D YANZHOU COAL MINING CO LTD ADRS STOCKS 984846105 6954 876200 SH SOLE 876200 0 0
S REPORT SUMMARY 39 DATA RECORDS 473808 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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