PRICE T ROWE CAPITAL OPPORTUNITY FUND INC
NSAR-A, 1999-08-26
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<PAGE>      PAGE  1
000 A000000 06/30/99
000 C000000 0000931151
000 D000000 N
000 E000000 NF
000 F000000 Y
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001 A000000 T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.
001 B000000 811-07225
001 C000000 4103452000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
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020 A000001 INVESTMENT TECHNOLOGY
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020 C000001     44
020 A000002 FIRST UNION CAPITAL MARKET
020 B000002 56-1529080
020 C000002     11
020 A000003 DEUTSCHE BANK
020 B000003 13-2730827
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020 A000004 BEAR STEARNS
020 B000004 13-3299429
020 C000004      9
020 A000005 INSTINET
020 B000005 13-3443395
020 C000005      9
020 A000006 LEGG MASON
020 B000006 52-0902557
020 C000006      6
020 A000007 WESTMINISTER RESEARCH
020 B000007 13-3088032
020 C000007      6
020 A000008 OFFUTT SECURITIES
020 B000008 52-1508686
020 C000008      5
020 A000009 BRIDGE TRADING
<PAGE>      PAGE  2
020 B000009 43-1450530
020 C000009      5
020 A000010 BERSTEIN SANFORD & CO
020 B000010 13-2625874
020 C000010      4
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022 A000001 LEHMAN BROTHERS
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SIGNATURE   JAMES RIEPE
TITLE       VICE PRESIDENT


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000931151
<NAME> T. ROWE PRICE CAPITAL OPPORTUNITY FUND

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<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               JUN-30-1999
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<SENIOR-EQUITY>                                      0
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<PER-SHARE-NAV-BEGIN>                            18.11
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</TABLE>


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