UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 November 1, 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: 79
Form 13F Information Table Value Total: 475254
<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 AFFYMETRIX INC OC-CAP STK OPTIONS - PUTS 00826T0VS 1476 15000 SH PUT SOLE 15000 0 0
D ALEXION PHARMACEUTICALS INC COMMON STOCK 015351109 663 45000 SH SOLE 45000 0 0
D ALKERMES INC COM COMMON STOCK 01642T108 7347 255000 SH SOLE 255000 0 0
D AMGEN INC USD.0001 COM COMMON STOCK 031162100 431 5300 SH SOLE 5300 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620JL 2037 25000 SH CALL SOLE 25000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620JN 35860 440000 SH CALL SOLE 440000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620JO 4075 50000 SH CALL SOLE 50000 0 0
D APRIA HEALTHCARE GROUP INC COM COMMON STOCK 037933108 22758 1358700 SH SOLE 1358700 0 0
D AVIRON COM COMMON STOCK 053762100 28340 1168700 SH SOLE 1168700 0 0
D AVIRON COM OPTIONS - CALLS 0537620KD 4837 199500 SH CALL SOLE 199500 0 0
D AVIRON COM OPTIONS - CALLS 0537620KE 1212 50000 SH CALL SOLE 50000 0 0
D AVIRON COM OPTIONS - CALLS 0537620KX 485 20000 SH CALL SOLE 20000 0 0
D BARR LABS INC COM COMMON STOCK 068306109 3143 99000 SH SOLE 99000 0 0
D BECKMAN COULTER INC COM OPTIONS - PUTS 0758110VJ 225 5000 SH PUT SOLE 5000 0 0
D BIOCRYST PHARMACEUTICALS INC COMMON STOCK 09058V103 2153 88800 SH SOLE 88800 0 0
D BIOGEN INC OPTIONS - PUTS 0905970VQ 1970 25000 SH PUT SOLE 25000 0 0
D CAREINSITE INC USD COM COMMON STOCK 14170M106 3493 69000 SH SOLE 69000 0 0
D CHIREX INC COM COMMON STOCK 170038103 3236 125400 SH SOLE 125400 0 0
D CHIRON CORP COM COMMON STOCK 170040109 5122 185000 SH SOLE 185000 0 0
D CHIRON CORP COM OPTIONS - CALLS 1700400JE 2768 100000 SH CALL SOLE 100000 0 0
D CHIRON CORP COM OPTIONS - CALLS 1700400JF 2768 100000 SH CALL SOLE 100000 0 0
D COMMUNITY MEDICAL TRANSPORT CO COMMON STOCK 203744305 21 16500 SH SOLE 16500 0 0
D CORAM HEALTHCARE CORP COM COMMON STOCK 218103109 448 717300 SH SOLE 717300 0 0
D COULTER PHARMACEUTICAL INC COMMON STOCK 222116105 2139 153500 SH SOLE 153500 0 0
D CUBIST PHARMACEUTICALS INC COMMON STOCK 229678107 2012 235000 SH SOLE 235000 0 0
D CVS CORP COM OPTIONS - PUTS 126650JVH 4856 119000 SH PUT SOLE 119000 0 0
D DIANON SYS INC COM COMMON STOCK 252826102 7901 726600 SH SOLE 726600 0 0
D ENERGY BIOSYSTEMS CORP COM COMMON STOCK 29265L706 84 30858 SH SOLE 30858 0 0
D ENZON INC COM COMMON STOCK 293904108 17080 560000 SH SOLE 560000 0 0
D EXPRESS SCRIPTS INC COM COMMON STOCK 302182100 4108 52500 SH SOLE 52500 0 0
D EXPRESS SCRIPTS INC COM OPTIONS - CALLS 3021820JM 10563 135000 SH CALL SOLE 135000 0 0
D FOREST LABS INC COM COMMON STOCK 345838106 10889 258500 SH SOLE 258500 0 0
D FOREST LABS INC COM OPTIONS - CALLS 3458380JH 5476 130000 SH CALL SOLE 130000 0 0
D GENZYME CORP COM OPTIONS - CALLS 3729170JJ 11040 245000 SH CALL SOLE 245000 0 0
D GENZYME-MOLECULAR ONCOLOGY COMMON STOCK 372917500 1805 314000 SH SOLE 314000 0 0
D GUIDANT CORP COM OPTIONS - PUTS 4016980VJ 1876 35000 SH PUT SOLE 35000 0 0
D HUNTINGDON LIFE SCIENCES GROUP ADRS STOCKS 445891203 250 200000 SH SOLE 200000 0 0
D IDEC PHARMACEUTICALS CORP COMMON STOCK 449370105 12882 137000 SH SOLE 137000 0 0
D IDX SYSTEMS CORP COM COMMON STOCK 449491109 10186 562000 SH SOLE 562000 0 0
D IMCLONE SYSTEMS INC COM COMMON STOCK 45245W109 12079 363300 SH SOLE 363300 0 0
D INAMED CORP COM COMMON STOCK 453235103 37242 1262471 SH SOLE 1262471 0 0
D INTEGRATED HEALTH SERVICES INC COMMON STOCK 45812C106 820 525000 SH SOLE 525000 0 0
D MCKESSON HBOC INC COM OPTIONS - CALLS 58155Q0JF 2900 100000 SH CALL SOLE 100000 0 0
D MCKESSON HBOC INC COM OPTIONS - CALLS 58155Q0KF 2900 100000 SH CALL SOLE 100000 0 0
D MEDICAL MANAGER COPORATION COMMON STOCK 58461U103 24888 500274 SH SOLE 500274 0 0
D MEDICAL MANAGER COPORATION OPTIONS - CALLS 58461U0JI 1492 30000 SH CALL SOLE 30000 0 0
D MEDICAL MANAGER COPORATION OPTIONS - CALLS 58461U0JJ 2363 47500 SH CALL SOLE 47500 0 0
D MEDIMMUNE INC COM COMMON STOCK 584699102 2790 28000 SH SOLE 28000 0 0
D MEDIMMUNE INC COM OPTIONS - CALLS 5846990JR 5481 55000 SH CALL SOLE 55000 0 0
D MEDIWARE INFORMATION SYS INC COMMON STOCK 584946107 8403 1050436 SH SOLE 1050436 0 0
D MICRO THERAPEUTICS INC NEW COMMON STOCK 59500W100 2300 200000 SH SOLE 200000 0 0
D NABI INC COM COMMON STOCK 628716102 1055 203500 SH SOLE 203500 0 0
D NEOSE TECHNOLOGIES INC COM COMMON STOCK 640522108 7749 516600 SH SOLE 516600 0 0
D OMNICARE INC COM COMMON STOCK 681904108 1925 200000 SH SOLE 200000 0 0
D PARACELSUS HLTHCARE CORP COM COMMON STOCK 698891108 138 147289 SH SOLE 147289 0 0
D PHARMACIA & UPJOHN INC COM (CO OPTIONS - PUTS 7169410VJ 3275 66000 SH PUT SOLE 66000 0 0
D PROFESSIONAL DETAILING INC COM COMMON STOCK 74312N107 1029 39700 SH SOLE 39700 0 0
D QUIDEL CORP USD.001 COM COMMON STOCK 74838J101 10185 2328000 SH SOLE 2328000 0 0
D QUINTILES TRANSNATIONAL CORP OPTIONS - CALLS 7487670JF 1141 60000 SH CALL SOLE 60000 0 0
D QUINTILES TRANSNATIONAL CORP OPTIONS - CALLS 7487670JG 999 52500 SH CALL SOLE 52500 0 0
D SABRATEK CORP COM COMMON STOCK 78571U108 1042 370785 SH SOLE 370785 0 0
D SCHERING PLOUGH CORP USD1 COM OPTIONS - PUTS 8066050VI 13087 300000 SH PUT SOLE 300000 0 0
D SICOR INC COM COMMON STOCK 825846108 2198 553900 SH SOLE 553900 0 0
D SNYDER COMMUNICATION INC COM COMMON STOCK 832914105 2203 145100 SH SOLE 145100 0 0
D SOMNUS MEDICAL TECHNOLOGIES CO COMMON STOCK 835397100 2744 1071000 SH SOLE 1071000 0 0
D STERICYCLE INC COM COMMON STOCK 858912108 9179 625000 SH SOLE 625000 0 0
D SUMMIT TECHNOLOGY INC COM COMMON STOCK 86627E101 9156 500000 SH SOLE 500000 0 0
D SUPERGEN UNC COM OPTIONS - PUTS 8680590VE 2064 90000 SH PUT SOLE 90000 0 0
D TENET HEALTHCARE CORP COM COMMON STOCK 88033G100 9659 550000 SH SOLE 550000 0 0
D TEVA PHARMACEUTICAL ADR FOR 10 ADRS STOCKS 881624209 5031 100000 SH SOLE 100000 0 0
D TEXAS BIOTECHNOLOGY CORP COMMON STOCK 88221T104 13172 3293124 SH SOLE 3293124 0 0
D TRIANGLE PHARMACEUTICALS INC COMMON STOCK 89589H104 6545 340000 SH SOLE 340000 0 0
D US ONCOLOGY INC COMMON STOCK 90338W103 3625 400000 SH SOLE 400000 0 0
D VENTANA MEDICAL SYS COM COMMON STOCK 92276H106 1530 90000 SH SOLE 90000 0 0
D VETERINARY CENTER OF AMERICA C COMMON STOCK 925514101 5282 461900 SH SOLE 461900 0 0
D VIROPHARMA INC COM COMMON STOCK 928241108 6684 300000 SH SOLE 300000 0 0
D VISIBLE GENETICS COM COMMON STOCK 92829S104 6178 329500 SH SOLE 329500 0 0
D WATERS CORP COM OPTIONS - CALLS 9418480JL 6056 100000 SH CALL SOLE 100000 0 0
D WOMEN FIRST HEALTHCA RE INC CO COMMON STOCK 978150100 650 92100 SH SOLE 92100 0 0
S REPORT SUMMARY 79 DATA RECORDS 475254 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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