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: ORACLE INVESTMENT MANAGEMENT,
Address: 712 FIFTH AVENUE, 45TH FL.
NEW YORK, NY 10019
13 File Number:
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: NORMAN SCHLEIFER
Title: CFO
Phone: 212-373-9212
Signature, Place and Date of Signing:
NORMAN SCHLEIFER August 9, 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
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 69
Form 13F Information Table Value Total: 503176
<PAGE>
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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 ABBOTT LABS USD COM NPV OPTIONS - PUTS 0028240SI 4537 100000 SH PUT SOLE 100000 0 0
D ALKERMES INC COM COMMON STOCK 01642T108 3468 150000 SH SOLE 150000 0 0
D ALLERGAN INC COM COMMON STOCK 018490102 3152 28400 SH SOLE 28400 0 0
D AMGEN INC USD.0001 COM COMMON STOCK 031162100 6501 106800 SH SOLE 106800 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620GJ 5478 90000 SH CALL SOLE 90000 0 0
D APRIA HEALTHCARE GROUP INC COM COMMON STOCK 037933108 23317 1371600 SH SOLE 1371600 0 0
D AVIRON COM COMMON STOCK 053762100 34370 1195500 SH SOLE 1195500 0 0
D AVIRON COM OPTIONS - CALLS 0537620GX 718 25000 SH CALL SOLE 25000 0 0
D AVIRON COM OPTIONS - CALLS 0537620HW 5735 199500 SH CALL SOLE 199500 0 0
D BARR LABS INC COM COMMON STOCK 068306109 6499 163000 SH SOLE 163000 0 0
D BEVERLY ENTERPRISES INC COM COMMON STOCK 087851309 2377 294900 SH SOLE 294900 0 0
D BIOCRYST PHARMACEUTICALS INC COMMON STOCK 09058V103 1465 167500 SH SOLE 167500 0 0
D BOSTON SCIENTIFIC CORP COMMON STOCK 101137107 5624 128000 SH SOLE 128000 0 0
D CAREINSITE INC USD COM COMMON STOCK 14170M106 5670 120000 SH SOLE 120000 0 0
D CENTOCOR INC USD.01 COM COMMON STOCK 152342101 10075 216100 SH SOLE 216100 0 0
D CENTOCOR INC USD.01 COM OPTIONS - CALLS 1523420GG 13754 295000 SH CALL SOLE 295000 0 0
D CENTOCOR INC USD.01 COM OPTIONS - CALLS 1523420GH 15992 343000 SH CALL SOLE 343000 0 0
D CENTOCOR INC USD.01 COM OPTIONS - CALLS 152342EGJ 9325 200000 SH CALL SOLE 200000 0 0
D CENTOCOR INC USD.01 COM OPTIONS - CALLS 152342EGK 7390 158500 SH CALL SOLE 158500 0 0
D CHIREX INC COM COMMON STOCK 170038103 4818 150000 SH SOLE 150000 0 0
D COMMUNITY MEDICAL TRANSPORT CO COMMON STOCK 203744305 45 16500 SH SOLE 16500 0 0
D CORAM HEALTHCARE CORP COM COMMON STOCK 218103109 1881 1075000 SH SOLE 1075000 0 0
D DIANON SYS INC COM COMMON STOCK 252826102 7920 728300 SH SOLE 728300 0 0
D ENERGY BIOSYSTEMS CORP COM COMMON STOCK 29265L706 77 30858 SH SOLE 30858 0 0
D ENZON INC COM COMMON STOCK 293904108 17749 858000 SH SOLE 858000 0 0
D FOREST LABS INC COM COMMON STOCK 345838106 12626 273000 SH SOLE 273000 0 0
D FOREST LABS INC COM OPTIONS - CALLS 3458380GH 12950 280000 SH CALL SOLE 280000 0 0
D GENZYME CORP COM COMMON STOCK 372917104 2425 50000 SH SOLE 50000 0 0
D GENZYME CORP COM OPTIONS - CALLS 3729172GH 9700 200000 SH CALL SOLE 200000 0 0
D HUMANA INC COM OPTIONS - PUTS 4448590SC 1293 100000 SH PUT SOLE 100000 0 0
D HUNTINGDON LIFE SCIENCES GROUP ADRS STOCKS 445891203 325 200000 SH SOLE 200000 0 0
D IDEC PHARMACEUTICALS CORP COMMON STOCK 449370105 28158 365400 SH SOLE 365400 0 0
D IDEC PHARMACEUTICALS CORP OPTIONS - CALLS 4493700GJ 7706 100000 SH CALL SOLE 100000 0 0
D IDX SYSTEMS CORP COM COMMON STOCK 449491109 4896 217000 SH SOLE 217000 0 0
D IMCLONE SYSTEMS INC COM COMMON STOCK 45245W109 9548 376300 SH SOLE 376300 0 0
D IMMUNEX CORP NEW COM OPTIONS - CALLS 4525281GT 9557 75000 SH CALL SOLE 75000 0 0
D INTEGRATED HEALTH SERVICES INC COMMON STOCK 45812C106 1840 230000 SH SOLE 230000 0 0
D LASER VISION CTRS INC COMMON STOCK 51807H100 4536 72000 SH SOLE 72000 0 0
D MEDICAL MANAGER CORP COM COMMON STOCK 58461C103 11018 249000 SH SOLE 249000 0 0
D MEDIMMUNE INC COM COMMON STOCK 584699102 17174 253500 SH SOLE 253500 0 0
D MEDIMMUNE INC COM OPTIONS - CALLS 5846990GJ 9620 142000 SH CALL SOLE 142000 0 0
D MEDIWARE INFORMATION SYS INC COMMON STOCK 584946107 7943 1050436 SH SOLE 1050436 0 0
D MEDPARTNERS INC COM COMMON STOCK 58503X107 8730 1164100 SH SOLE 1164100 0 0
D MERCK & CO INC COM COMMON STOCK 589331107 441 6000 SH SOLE 6000 0 0
D MERCK & CO INC COM OPTIONS - PUTS 5893310SM 14725 200000 SH PUT SOLE 200000 0 0
D MICRO THERAPEUTICS INC NEW COMMON STOCK 59500W100 1750 200000 SH SOLE 200000 0 0
D MONSANTO CO COM OPTIONS - PUTS 6116620SH 2061 52100 SH PUT SOLE 52100 0 0
D MONSANTO CO COM OPTIONS - PUTS 6116620SI 1978 50000 SH PUT SOLE 50000 0 0
D NEOSE TECHNOLOGIES INC COM COMMON STOCK 640522108 3191 313300 SH SOLE 313300 0 0
D NOVOSTE CORP COM OPTIONS - PUTS 67010C0SE 420 20000 SH PUT SOLE 20000 0 0
D OMNICARE INC COM COMMON STOCK 681904108 3598 285000 SH SOLE 285000 0 0
D PACIFICARE HEALTH SYSTEMS INC COMMON STOCK 695112102 8107 112700 SH SOLE 112700 0 0
D PARACELSUS HLTHCARE CORP COM COMMON STOCK 698891108 193 147289 SH SOLE 147289 0 0
D PROFESSIONAL DETAILING INC COM COMMON STOCK 74312N107 1156 49200 SH SOLE 49200 0 0
D QUIDEL CORP USD.001 COM COMMON STOCK 74838J101 6936 2176000 SH SOLE 2176000 0 0
D SABRATEK CORP COM COMMON STOCK 78571U108 6262 286285 SH SOLE 286285 0 0
D SNYDER COMMUNICATION INC COM OPTIONS - PUTS 8329140SF 1195 36500 SH PUT SOLE 36500 0 0
D SOMNUS MEDICAL TECHNOLOGIES CO COMMON STOCK 835397100 2981 917300 SH SOLE 917300 0 0
D STERICYCLE INC COM COMMON STOCK 858912108 7131 525800 SH SOLE 525800 0 0
D SUMMIT TECHNOLOGY INC COM COMMON STOCK 86627E101 3467 157600 SH SOLE 157600 0 0
D SYNETIC INC COM COMMON STOCK 87160F109 24172 351600 SH SOLE 351600 0 0
D TEXAS BIOTECHNOLOGY CORP COMMON STOCK 88221T104 15476 3258124 SH SOLE 3258124 0 0
D TLC THE LAZER CENTER INC CAD COMMON STOCK 872934104 3859 80400 SH SOLE 80400 0 0
D TRIANGLE PHARMACEUTICALS INC COMMON STOCK 89589H104 2160 120000 SH SOLE 120000 0 0
D VETERINARY CENTER OF AMERICA C COMMON STOCK 925514101 6264 461900 SH SOLE 461900 0 0
D VISIBLE GENETICS COM COMMON STOCK 92829S104 4829 299500 SH SOLE 299500 0 0
D WARNER LAMBERT CO COMMON STOCK 934488107 1624 23500 SH SOLE 23500 0 0
D WELLPOINT HEALTH NETWORKS INC COMMON STOCK 94973H108 15277 180000 SH SOLE 180000 0 0
D WELLPOINT HEALTH NETWORKS INC OPTIONS - CALLS 94973HSGO 5941 70000 SH CALL SOLE 70000 0 0
S REPORT SUMMARY 69 DATA RECORDS 503176 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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