UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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 February 14, 2000
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
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 94
Form 13F Information Table Value Total: 1324691
<PAGE>
<TABLE> <C> <C>
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 ADFORCE INC COM *** EA SH EXCH COMMON STOCK 006867105 11237 157450 SH SOLE 157450 0 0
D AETNA INC COM OPTIONS - CALLS 0081170AN 27906 500000 SH CALL SOLE 500000 0 0
D AMERICAN MOBILE SATELLITE CORP COMMON STOCK 02755R103 7898 375000 SH SOLE 375000 0 0
D AMFM INC COM COMMON STOCK 001693100 17629 225300 SH SOLE 225300 0 0
D ARCH COMMUNICATIONS GROUP COMMON STOCK 039381504 2208 335000 SH SOLE 335000 0 0
D ASCENT ENTMT GROUP INC COM COMMON STOCK 043628106 16498 1300348 SH SOLE 1300348 0 0
D ASIA PULP & PAPER LTD SPONS AD ADRS STOCKS 04516V100 17432 2213700 SH SOLE 2213700 0 0
D ASIA PULP & PAPER WARRANTS EXP WARRANTS 04516V209 129 137699 SH SOLE 137699 0 0
D AT&T CANADA INC COM STK (CAD) COMMON STOCK 00207Q202 59803 1485800 SH SOLE 1485800 0 0
D AT&T CANADA INC COM STK (CAD) OPTIONS - CALLS 00207Q0GH 12075 300000 SH CALL SOLE 300000 0 0
D AT&T CANADA INC COM STK (CAD) OPTIONS - CALLS 00207Q0GI 8050 200000 SH CALL SOLE 200000 0 0
D AT&T CORP LIBERTY MEDIA GROUP OPTIONS - PUTS 001957UMG 11930 210000 SH PUT SOLE 210000 0 0
D AT&T CORP LIBERTY MEDIA GROUP OPTIONS - PUTS 001957UPH 3283 57800 SH PUT SOLE 57800 0 0
D ATLANTIC RICHFIELD CO USD2.5 C COMMON STOCK 048825103 22844 264100 SH SOLE 264100 0 0
D ATLANTIC RICHFIELD CO USD2.5 C OPTIONS - CALLS 0488250AR 23355 270000 SH CALL SOLE 270000 0 0
D ATLANTIC RICHFIELD CO USD2.5 C OPTIONS - PUTS 0488250MP 15137 175000 SH PUT SOLE 175000 0 0
D ATLANTIC RICHFIELD CO USD2.5 C OPTIONS - PUTS 0488250NP 4584 53000 SH PUT SOLE 53000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530MJ 5848 95000 SH PUT SOLE 95000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530ML 9234 150000 SH PUT SOLE 150000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530MM 7387 120000 SH PUT SOLE 120000 0 0
D BELL ATLANTIC CORP USD0.1 COM OPTIONS - PUTS 0778530PL 6156 100000 SH PUT SOLE 100000 0 0
D CBS CORPORATION COM COMMON STOCK 12490K107 10038 157000 SH SOLE 157000 0 0
D CELESTICA INC CAD NP V SUB ORD COMMON STOCK 15101Q108 1226 22100 SH SOLE 22100 0 0
D CEMEX SA SPONS ADR PART CER ADRS STOCKS 151290889 7108 255000 SH SOLE 255000 0 0
D CLARIFY INC COM COMMON STOCK 180492100 10004 79400 SH SOLE 79400 0 0
D COCA COLA FEMSA S A DE C V ADRS STOCKS 191241108 7088 403600 SH SOLE 403600 0 0
D COMPANIA ANONIMA NACIONAL TELE ADRS STOCKS 204421101 9350 379700 SH SOLE 379700 0 0
D COMPAQ COMPUTER CORP COM OPTIONS - CALLS 2044930AY 5412 200000 SH CALL SOLE 200000 0 0
D DII GROUP INC COM COMMON STOCK 232949107 14364 202400 SH SOLE 202400 0 0
D DRESS BARN INC COM COMMON STOCK 261570105 2078 125000 SH SOLE 125000 0 0
D FOMENTO ECONOMICO MEXICANO S A ADRS STOCKS 344419106 13360 300225 SH SOLE 300225 0 0
D GARTNER GROUP INC COM CL A COMMON STOCK 366651107 1570 103000 SH SOLE 103000 0 0
D GARTNER GROUP INC COM CL A OPTIONS - CALLS 366651EAC 457 30000 SH CALL SOLE 30000 0 0
D GENESYS TELECOMMUNICATIONS COMMON STOCK 371931106 5799 107400 SH SOLE 107400 0 0
D GILAT SATELLITE NETW ORKS LTD COMMON STOCK M51474100 25828 217500 SH SOLE 217500 0 0
D GLOBALSTAR TELECOMMUNICATIONS COMMON STOCK G3930H104 9680 220000 SH SOLE 220000 0 0
D GLOBO CABO SA SPON ADR ADRS STOCKS 37957X102 4554 253000 SH SOLE 253000 0 0
D GRUPO TELEVISA SA DE CV USD G ADRS STOCKS 40049J206 11322 165900 SH SOLE 165900 0 0
D GTE CORP COM COMMON STOCK 362320103 8102 114830 SH SOLE 114830 0 0
D HANNAFORD BROS CO COM COMMON STOCK 410550107 8844 127600 SH SOLE 127600 0 0
D HELLENIC TELECOM ORG SPONS ADR ADRS STOCKS 423325307 3163 265000 SH SOLE 265000 0 0
D HILTON HOTELS CORP COM COMMON STOCK 432848109 165 17358 SH SOLE 17358 0 0
D HOME DEPOT INC COM COMMON STOCK 437076102 1031 14999 SH SOLE 14999 0 0
D INTERMEDIA COMMUNICATIONS INC COMMON STOCK 458801107 40248 1037000 SH SOLE 1037000 0 0
D INTERMEDIA COMMUNICATIONS INC OPTIONS - CALLS 4588010AG 19406 500000 SH CALL SOLE 500000 0 0
D JDS UNIPHASE CORP COM STK COMMON STOCK 46612J101 2258 14000 SH SOLE 14000 0 0
D KOPIN CORP COM COMMON STOCK 500600101 1192 28400 SH SOLE 28400 0 0
D KOREA TELECOM CORP ADR ADRS STOCKS 50063P103 27378 366263 SH SOLE 366263 0 0
D LODGENET ENTMT CORP COM COMMON STOCK 540211109 2238 90000 SH SOLE 90000 0 0
D MCI WORLDCOM INC COM COMMON STOCK 55268B106 8755 164999 SH SOLE 164999 0 0
D MCI WORLDCOM INC COM OPTIONS - CALLS 55268BAAL 27857 525000 SH CALL SOLE 525000 0 0
D MCI WORLDCOM INC COM OPTIONS - CALLS 55268BAAT 15918 300000 SH CALL SOLE 300000 0 0
D MCI WORLDCOM INC COM OPTIONS - CALLS 55268BAAU 15918 300000 SH CALL SOLE 300000 0 0
D MCM CAP GROUP INC COM STK COMMON STOCK 55269B105 1364 352000 SH SOLE 352000 0 0
D MCN ENERGY GROUP INC COM COMMON STOCK 55267J100 10466 440700 SH SOLE 440700 0 0
D MEDIAONE GROUP INC COM STK COMMON STOCK 58440J104 51425 669500 SH SOLE 669500 0 0
D MGC COMMUNICATIONS INC COMMON STOCK 552763302 31338 617500 SH SOLE 617500 0 0
D MOTHERNATURE COM STK COMMON STOCK 61978K105 73 10000 SH SOLE 10000 0 0
D NEWS CORP LTD SPONS ADR REPSTG ADRS STOCKS 652487802 5684 170000 SH SOLE 170000 0 0
D NS GROUP INC COM COMMON STOCK 628916108 5311 696600 SH SOLE 696600 0 0
D NUEVO GROUPO IUSACEL L -ADR V ADRS STOCKS 670512102 10518 704200 SH SOLE 704200 0 0
D OMNIPOINT CORP COM COMMON STOCK 68212D102 37309 309300 SH SOLE 309300 0 0
D OPTICAL COATING LAB INC COM COMMON STOCK 683829105 16516 55800 SH SOLE 55800 0 0
D ORBOTECH LTD ILP COM COMMON STOCK M75253100 31368 404749 SH SOLE 404749 0 0
D QUALCOMM INC COM COMMON STOCK 747525103 704 4000 SH SOLE 4000 0 0
D QWEST COMMUN INTL COM OPTIONS - PUTS 749121EPE 8600 200000 SH PUT SOLE 200000 0 0
D QWEST COMMUN INTL COM OPTIONS - PUTS 749121EPG 9675 225000 SH PUT SOLE 225000 0 0
D QWEST COMMUN INTL COM OPTIONS - PUTS 749121EPX 40850 950000 SH PUT SOLE 950000 0 0
D RHYTHMS NETCONNECTIO NS INC CO COMMON STOCK 762430205 13454 434000 SH SOLE 434000 0 0
D ROGERS COMMUNICATION S INC CAD COMMON STOCK 775109200 55425 2239400 SH SOLE 2239400 0 0
D SIGNET GROUP PLC SPONS ADR ADRS STOCKS 82668L872 36474 1158124 SH SOLE 1158124 0 0
D SIRIUS SATELLITE RADIO INC COMMON STOCK 82966U103 1366 30711 SH SOLE 30711 0 0
D SK TELECOM CO LTD AD R (SPONSO ADRS STOCKS 78440P108 30336 790524 SH SOLE 790524 0 0
D STARMEDIA NETWORK INC USD COM COMMON STOCK 855546107 31929 797000 SH SOLE 797000 0 0
D TELEBRAS HOLDERS ADR REPR 1 'T ADRS STOCKS 879287308 2536 19700 SH SOLE 19700 0 0
D TELEFONOS DE MEXICO SA TELMEX ADRS STOCKS 879403780 51143 454609 SH SOLE 454609 0 0
D TELEMIG CELULAR PARTICIPACOES ADRS STOCKS 87944E105 1377 29700 SH SOLE 29700 0 0
D TELENORTE LESTE PARTICIP ADRS STOCKS 879246106 1275 50000 SH SOLE 50000 0 0
D TELESP CELULAR PARTI CIPACOES ADRS STOCKS 87952L108 4237 100000 SH SOLE 100000 0 0
D TELESP PARTICIPACOES SA ADRS STOCKS 87952K100 18601 761197 SH SOLE 761197 0 0
D TELESUDESTE CELULAR PART ADRS STOCKS 879252104 6819 175700 SH SOLE 175700 0 0
D TELKOM PT ADR REPRESENTING 20 ADRS STOCKS 715684106 4399 399924 SH SOLE 399924 0 0
D TUBOS DE ACERO DE ME XICO SA T ADRS STOCKS 898592506 5964 439799 SH SOLE 439799 0 0
D UNION CARBIDE CORP COM COMMON STOCK 905581104 13737 205800 SH SOLE 205800 0 0
D US WEST INC COM STK (NEW) OPTIONS - CALLS 91273HEDJ 12240 170000 SH CALL SOLE 170000 0 0
D US WEST INC COM STK (NEW) OPTIONS - PUTS 91273HEMJ 14544 202000 SH PUT SOLE 202000 0 0
D US WEST INC COM STK (NEW) OPTIONS - PUTS 91273HEPL 33480 465000 SH PUT SOLE 465000 0 0
D VOICESTREAM WIRELESS CORP COM COMMON STOCK 928615103 12253 86100 SH SOLE 86100 0 0
D WARNER LAMBERT CO COMMON STOCK 934488107 14658 178900 SH SOLE 178900 0 0
D WARNER LAMBERT CO OPTIONS - CALLS 9344880AQ 16387 200000 SH CALL SOLE 200000 0 0
D XEROX CORP COM OPTIONS - CALLS 9841210AG 22687 1000000 SH CALL SOLE 1000000 0 0
D XILINX INC COM COMMON STOCK 983919101 1614 35500 SH SOLE 35500 0 0
D XM SATELLITE COM STK COMMON STOCK 983759101 36161 948500 SH SOLE 948500 0 0
D YANZHOU COAL MINING CO LTD ADRS STOCKS 984846105 8060 570680 SH SOLE 570680 0 0
S REPORT SUMMARY 94 DATA RECORDS 1324691 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
