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: 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 February 9, 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: 74
Form 13F Information Table Value Total: 690894
<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 ADAC LABS COM NEW COMMON STOCK 005313200 1021 95000 SH SOLE 95000 0 0
D AETNA INC COM OPTIONS - PUTS 0081170ML 4185 75000 SH PUT SOLE 75000 0 0
D ALEXION PHARMACEUTICALS INC COMMON STOCK 015351109 3012 100000 SH SOLE 100000 0 0
D ALKERMES INC COM COMMON STOCK 01642T108 9579 195000 SH SOLE 195000 0 0
D ALZA CORP COM FORMERLY CL A UN COMMON STOCK 022615108 13330 385000 SH SOLE 385000 0 0
D ALZA CORP COM FORMERLY CL A UN OPTIONS - CALLS 0226150BE 3462 100000 SH CALL SOLE 100000 0 0
D ALZA CORP COM FORMERLY CL A UN OPTIONS - CALLS 0226150BF 3462 100000 SH CALL SOLE 100000 0 0
D ALZA CORP COM FORMERLY CL A UN OPTIONS - CALLS 0226150DE 1731 50000 SH CALL SOLE 50000 0 0
D AMGEN INC USD.0001 COM COMMON STOCK 031162100 4805 80000 SH SOLE 80000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620AG 28830 480000 SH CALL SOLE 480000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620AU 29730 495000 SH CALL SOLE 495000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620AV 6006 100000 SH CALL SOLE 100000 0 0
D AMGEN INC USD.0001 COM OPTIONS - CALLS 0311620AZ 2522 42000 SH CALL SOLE 42000 0 0
D APRIA HEALTHCARE GROUP INC COM COMMON STOCK 037933108 23205 1293700 SH SOLE 1293700 0 0
D AURORA BIOSCIENCES CORP COM COMMON STOCK 051920106 2215 83600 SH SOLE 83600 0 0
D AVIRON COM COMMON STOCK 053762100 10939 691800 SH SOLE 691800 0 0
D AVIRON COM OPTIONS - CALLS 0537620BX 1581 100000 SH CALL SOLE 100000 0 0
D BARD C R INC COM COMMON STOCK 067383109 11077 209000 SH SOLE 209000 0 0
D BARD C R INC COM OPTIONS - CALLS 0673830AI 2173 41000 SH CALL SOLE 41000 0 0
D BIOCRYST PHARMACEUTICALS INC COMMON STOCK 09058V103 6944 235400 SH SOLE 235400 0 0
D BIOSOURCE INTL INC COM COMMON STOCK 09066H104 873 110000 SH SOLE 110000 0 0
D CHIRON CORP COM OPTIONS - CALLS 1700400AF 7839 185000 SH CALL SOLE 185000 0 0
D COMMUNITY MEDICAL TRANSPORT CO COMMON STOCK 203744305 21 16500 SH SOLE 16500 0 0
D COULTER PHARMACEUTICAL INC COMMON STOCK 222116105 1315 58000 SH SOLE 58000 0 0
D CUBIST PHARMACEUTICALS INC COMMON STOCK 229678107 2202 114400 SH SOLE 114400 0 0
D CVS CORP COM COMMON STOCK 126650100 7217 181000 SH SOLE 181000 0 0
D DIANON SYS INC COM COMMON STOCK 252826102 10318 750400 SH SOLE 750400 0 0
D ENERGY BIOSYSTEMS CORP COM COMMON STOCK 29265L706 138 30858 SH SOLE 30858 0 0
D ENZON INC COM COMMON STOCK 293904108 22459 517800 SH SOLE 517800 0 0
D FOREST LABS INC COM COMMON STOCK 345838106 20274 330000 SH SOLE 330000 0 0
D FOREST LABS INC COM OPTIONS - CALLS 3458380BH 17079 278000 SH CALL SOLE 278000 0 0
D GENZYME-MOLECULAR ONCOLOGY COMMON STOCK 372917500 2198 314000 SH SOLE 314000 0 0
D GUIDANT CORP COM OPTIONS - PUTS 4016980MI 4700 100000 SH PUT SOLE 100000 0 0
D GUIDANT CORP COM OPTIONS - PUTS 4016980MJ 6110 130000 SH PUT SOLE 130000 0 0
D HEALTH MGMT ASSOC INC NEW COMMON STOCK 421933102 6687 500000 SH SOLE 500000 0 0
D HUNTINGDON LIFE SCIENCES GROUP ADRS STOCKS 445891203 187 200000 SH SOLE 200000 0 0
D IDEC PHARMACEUTICALS CORP COMMON STOCK 449370105 66377 675600 SH SOLE 675600 0 0
D IDX SYSTEMS CORP COM COMMON STOCK 449491109 16268 520600 SH SOLE 520600 0 0
D IMCLONE SYSTEMS INC COM COMMON STOCK 45245W109 13599 343200 SH SOLE 343200 0 0
D IMMUNEX CORP NEW COM COMMON STOCK 452528102 13687 125000 SH SOLE 125000 0 0
D IMPATH INC COM COMMON STOCK 45255G101 4657 183100 SH SOLE 183100 0 0
D INAMED CORP COM COMMON STOCK 453235103 34736 791712 SH SOLE 791712 0 0
D INCYTE PHARMACEUTICALS INC COMMON STOCK 45337C102 13440 224000 SH SOLE 224000 0 0
D KERAVISION INC COM OPTIONS - PUTS 4920610NE 1016 166000 SH PUT SOLE 166000 0 0
D LASER VISION CTRS INC COMMON STOCK 51807H100 528 50000 SH SOLE 50000 0 0
D LASERSIGHT INC COM COMMON STOCK 517924106 500 50000 SH SOLE 50000 0 0
D LCA-VISION INC COM NEW COMMON STOCK 501803209 351 75000 SH SOLE 75000 0 0
D LILLY ELI & CO COM OPTIONS - PUTS 5324570MM 13300 200000 SH PUT SOLE 200000 0 0
D MAXIM PHARMACEUTICAL INC COMMON STOCK 57772M107 2100 105000 SH SOLE 105000 0 0
D MED-DESIGN CORP COM COMMON STOCK 583926100 766 52400 SH SOLE 52400 0 0
D MEDICAL MANAGER COPORATION COMMON STOCK 58461U103 40252 477774 SH SOLE 477774 0 0
D MEDICAL MANAGER COPORATION OPTIONS - CALLS 58461U0AL 3791 45000 SH CALL SOLE 45000 0 0
D MEDIMMUNE INC COM COMMON STOCK 584699102 22194 133800 SH SOLE 133800 0 0
D MEDIWARE INFORMATION SYS INC COMMON STOCK 584946107 8140 1050436 SH SOLE 1050436 0 0
D MERCK & CO INC COM COMMON STOCK 589331107 403 6000 SH SOLE 6000 0 0
D NEOSE TECHNOLOGIES INC COM COMMON STOCK 640522108 7426 516600 SH SOLE 516600 0 0
D NOVAMED EYECARE INC COM STK COMMON STOCK 66986W108 506 75000 SH SOLE 75000 0 0
D OMNICARE INC COM COMMON STOCK 681904108 5058 421500 SH SOLE 421500 0 0
D PE CORP BIOSYSTEM EXPIRES 9/11 WARRANTS 69332S110 238 4681 SH SOLE 4681 0 0
D QLT PHOTOTHERAPEUTIC S INC COMMON STOCK 746927102 9400 160000 SH SOLE 160000 0 0
D QUIDEL CORP USD.001 COM COMMON STOCK 74838J101 17293 2515400 SH SOLE 2515400 0 0
D QUINTILES TRANSNATIONAL CORP COMMON STOCK 748767100 4671 250000 SH SOLE 250000 0 0
D RITE AID CORPORATION COM COMMON STOCK 767754104 7787 700000 SH SOLE 700000 0 0
D SICOR INC COM COMMON STOCK 825846108 4292 553900 SH SOLE 553900 0 0
D SOMNUS MEDICAL TECHNOLOGIES CO COMMON STOCK 835397100 2407 917300 SH SOLE 917300 0 0
D STERICYCLE INC COM COMMON STOCK 858912108 12322 655000 SH SOLE 655000 0 0
D SUPERGEN UNC COM OPTIONS - PUTS 8680590MG 1762 60000 SH PUT SOLE 60000 0 0
D TENET HEALTHCARE CORP COM COMMON STOCK 88033G100 14107 600300 SH SOLE 600300 0 0
D TEVA PHARMACEUTICAL ADR FOR 10 ADRS STOCKS 881624209 6810 95000 SH SOLE 95000 0 0
D TEXAS BIOTECHNOLOGY CORP COMMON STOCK 88221T104 27363 3447324 SH SOLE 3447324 0 0
D VETERINARY CENTER OF AMERICA C COMMON STOCK 925514101 5793 450000 SH SOLE 450000 0 0
D VIROPHARMA INC COM COMMON STOCK 928241108 17760 480000 SH SOLE 480000 0 0
D VISIBLE GENETICS COM COMMON STOCK 92829S104 9885 329500 SH SOLE 329500 0 0
D WOMEN FIRST HEALTHCA RE INC CO COMMON STOCK 978150100 483 92100 SH SOLE 92100 0 0
S REPORT SUMMARY 74 DATA RECORDS 690894 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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