UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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 August 13, 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: 78
Form 13F Information Table Value Total: 1024191
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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 @ENTERTAINMENT INC COM COMMON STOCK 045920105 12750 680000 SH SOLE 680000 0 0
D ABACUS DIRECT CORP COM COMMON STOCK 002553105 12718 139000 SH SOLE 139000 0 0
D ABOVENET COMMUNICATIONS COM COMMON STOCK 003743101 8975 222300 SH SOLE 222300 0 0
D AIRTOUCH COMMUNICATIONS INC COMMON STOCK 00949T100 56743 530000 SH SOLE 530000 0 0
D ALLIED WASTE INDS INC COMMON STOCK 019589308 29196 1478300 SH SOLE 1478300 0 0
D AMC ENTMT INC COM COMMON STOCK 001669100 7872 408960 SH SOLE 408960 0 0
D AMERITECH CORP NEW COM COMMON STOCK 030954101 3314 45100 SH SOLE 45100 0 0
D ANACOMP INC NEW COMMON STOCK 032371106 1050 61800 SH SOLE 61800 0 0
D ARMCO INC USD COM COMMON STOCK 042170100 17550 2649200 SH SOLE 2649200 0 0
D ASCENT ENTMT GROUP INC COM COMMON STOCK 043628106 1463 103600 SH SOLE 103600 0 0
D ASIA PULP & PAPER LTD SPONS AD ADRS STOCKS 04516V100 4576 475500 SH SOLE 475500 0 0
D ASIA PULP & PAPER WARRANTS EXP WARRANTS 04516V209 361 137699 SH SOLE 137699 0 0
D AT&T CANADA INC COM STK (CAD) COMMON STOCK 00207Q202 29199 455800 SH SOLE 455800 0 0
D BELL ATLANTIC CORP USD0.1 COM COMMON STOCK 077853109 2530 38700 SH SOLE 38700 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530MJ 6210 95000 SH PUT SOLE 95000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530MK 14709 225000 SH PUT SOLE 225000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530ML 16670 255000 SH PUT SOLE 255000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530SK 7845 120000 SH PUT SOLE 120000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530VJ 5230 80000 SH PUT SOLE 80000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530VK 9806 150000 SH PUT SOLE 150000 0 0
D BROWNING-FERRIS INDS INC COMMON STOCK 115885105 3225 75000 SH SOLE 75000 0 0
D CASE CORP COM COMMON STOCK 14743R103 11227 233300 SH SOLE 233300 0 0
D CD RADIO INC COM COMMON STOCK 125127100 8111 266211 SH SOLE 266211 0 0
D COCA COLA CO COM USD .25 OPTIONS - PUTS 1912160TL 6200 100000 SH PUT SOLE 100000 0 0
D COLTEC INDS INC COM COMMON STOCK 196879100 13585 626400 SH SOLE 626400 0 0
D COMMONWEALTH ENERGY SYS COMMON STOCK 202800108 1822 43400 SH SOLE 43400 0 0
D DOUBLECLICK INC COM COMMON STOCK 258609304 2958 32250 SH SOLE 32250 0 0
D DRESS BARN INC COM COMMON STOCK 261570105 2000 125000 SH SOLE 125000 0 0
D E*TRADE GROUP INC COM COMMON STOCK 269246104 4736 118600 SH SOLE 118600 0 0
D EMBRATEL PARTICIPACOES ADRS STOCKS 29081N100 7228 521000 SH SOLE 521000 0 0
D FRONTIER CORP COM COMMON STOCK 35906P105 54175 924100 SH SOLE 924100 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0SI 15916 271500 SH PUT SOLE 271500 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0VI 25208 430000 SH PUT SOLE 430000 0 0
D FRONTIER CORP COM OPTIONS - PUTS 35906P0VJ 14949 255000 SH PUT SOLE 255000 0 0
D GLOBAL CROSSING LTD COM COMMON STOCK G3921A100 1875 44000 SH SOLE 44000 0 0
D GTE CORP COM COMMON STOCK 362320103 10132 134200 SH SOLE 134200 0 0
D HONG KONG TELECOMMUNICATIONS ADRS STOCKS 438579203 1045 38800 SH SOLE 38800 0 0
D INTERMEDIA COMMUNICATIONS INC COMMON STOCK 458801107 17250 575000 SH SOLE 575000 0 0
D KING WORLD PRODTN INC COM COMMON STOCK 495667107 4355 125100 SH SOLE 125100 0 0
D KOREA TELECOM CORP ADR ADRS STOCKS 50063P103 20338 508463 SH SOLE 508463 0 0
D MACMILLAN BLOEDEL LT D CAD COM COMMON STOCK 554783209 2340 130000 SH SOLE 130000 0 0
D MATTEL INC COM COMMON STOCK 577081102 27979 1071000 SH SOLE 1071000 0 0
D MEDIAONE GROUP INC COM STK COMMON STOCK 58440J104 25860 347700 SH SOLE 347700 0 0
D METROMEDIA FIBER NETWORK INC C COMMON STOCK 591689104 898 25000 SH SOLE 25000 0 0
D NALCO CHEM CO COM COMMON STOCK 629853102 9856 190000 SH SOLE 190000 0 0
D NETWORK ACCESS SOLUT IONS CRP COMMON STOCK 64120S109 399 30000 SH SOLE 30000 0 0
D NEWS CORP LTD SPONS ADR REPSTG ADRS STOCKS 652487802 11678 370000 SH SOLE 370000 0 0
D NS GROUP INC COM COMMON STOCK 628916108 16447 1778100 SH SOLE 1778100 0 0
D OMNIPOINT CORP COM COMMON STOCK 68212D102 27716 957800 SH SOLE 957800 0 0
D OMNIPOINT CORP COM OPTIONS - PUTS 68212D0WE 9404 325000 SH PUT SOLE 325000 0 0
D ON COMMAND CORP COM COMMON STOCK 682160106 176 10000 SH SOLE 10000 0 0
D ORBOTECH LTD ILP COM COMMON STOCK M75253100 15663 300500 SH SOLE 300500 0 0
D ORCKIT COMMUNICATIONS LTD COMMON STOCK M7531S107 294 11900 SH SOLE 11900 0 0
D OUTDOOR SYS INC COM COMMON STOCK 690057104 7405 202900 SH SOLE 202900 0 0
D PIONEER HI BRED INTL INC COM COMMON STOCK 723686101 17521 450000 SH SOLE 450000 0 0
D PIONEER HI BRED INTL INC COM OPTIONS - PUTS 723686EUF 10513 270000 SH PUT SOLE 270000 0 0
D PIONEER HI BRED INTL INC COM OPTIONS - PUTS 723686EUG 1946 50000 SH PUT SOLE 50000 0 0
D QWEST COMMUN INTL COM COMMON STOCK 749121109 72572 2195000 SH SOLE 2195000 0 0
D RAYCHEM CORP COM COMMON STOCK 754603108 8776 237200 SH SOLE 237200 0 0
D REPUBLIC SERVICES INC COM COMMON STOCK 760759100 11491 464300 SH SOLE 464300 0 0
D SBC COMMUNICATIONS INC COM OPTIONS - PUTS 78387G0VJ 14500 250000 SH PUT SOLE 250000 0 0
D SBC COMMUNICATIONS INC COM OPTIONS - PUTS 78387G0VK 8700 150000 SH PUT SOLE 150000 0 0
D SIGNET GROUP PLC SPONS ADR ADRS STOCKS 82668L872 55791 2203124 SH SOLE 2203124 0 0
D SUGEN INC COM COMMON STOCK 865041107 1593 54000 SH SOLE 54000 0 0
D SUPERIOR SVCS INC COM COMMON STOCK 868316100 6471 242500 SH SOLE 242500 0 0
D TELEBANC FINL CORP COM COMMON STOCK 87925R109 10540 272000 SH SOLE 272000 0 0
D TELEBRAS HOLDERS ADR REPR 1 'T ADRS STOCKS 879287308 13071 145235 SH SOLE 145235 0 0
D TELEFONOS DE MEXICO SA TELMEX ADRS STOCKS 879403780 34652 428798 SH SOLE 428798 0 0
D TELKOM PT ADR REPRESENTING 20 ADRS STOCKS 715684106 4605 370300 SH SOLE 370300 0 0
D TRANSAMERICA CORP COM COMMON STOCK 893485102 15000 200000 SH SOLE 200000 0 0
D TRANSAMERICA CORP COM OPTIONS - PUTS 8934850TM 15000 200000 SH PUT SOLE 200000 0 0
D UNITED INTERNATIONAL HLDGS IN OPTIONS - PUTS 9107340SL 6762 100000 SH PUT SOLE 100000 0 0
D US AIRWAYS GROUP INC COM COMMON STOCK 911905107 31935 733100 SH SOLE 733100 0 0
D US WEST INC COM STK (NEW) COMMON STOCK 91273H101 22325 380000 SH SOLE 380000 0 0
D WASTE MANAGEMENT INC COM STK OPTIONS - PUTS 94106LESK 16125 300000 SH PUT SOLE 300000 0 0
D WHITTAKER CORP COM PAR $0.01 COMMON STOCK 966680407 3340 119300 SH SOLE 119300 0 0
D YANZHOU COAL MINING CO LTD ADRS STOCKS 984846105 7366 415000 SH SOLE 415000 0 0
D YOU BET.COM INC COM STK COMMON STOCK 987413101 2379 208000 SH SOLE 208000 0 0
S REPORT SUMMARY 78 DATA RECORDS 1024191 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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