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: __Brookhaven Capital Management
Address: __3000 Sand Hill Road #3-105___
__Menlo Park, CA 94025_________
Form 13F File Number: 28-____________
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that all information contained herein is true,
correct and complete, 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: _Kathleen Orteig______________
Title: _Operations Manager___________
Phone: _650-854-5544_________________
Signature, Place and Date of Signing:
___Kathleen Orteig______ ___Menlo Park, CA___ ___
[Signature] [City, State] [Date]
Report Type (Check only one.):
_X_ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
___ 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
___ 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
29-________________ ________________________________________
[Repeat as necessary.]
<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: 268,491,362
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
____ 28-___________ ___________________________
[Repeat as necessary.]
<PAGE>
<TABLE>
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES INV.
OTHER AUTH
CLASS X1000 DISC
MGR
<C> <C>
[DATA]
SOUTHERN PACIFIC FUNDING BOND DDDDD6AA7 1,859,550 16,905,00 Sole 0 16,905,0
CORP 0 00
SOUTHERN PACIFIC FDG BOND FFF576AB5 3,023,250 6,950,000 Sole 0 6,950,00
CORP 0
ALASKA AIR GROUP INC COMMON 11659109 1,468,819 36,100 Sole 0 36,100
W/RTS TO
WTS ALZA CORP OTC IS 22615157 3,213 102,817 Sole 0 102,817
APPLIED MAGNETICS CORP OTC IS 38213104 2,712,500 3,100,000 Sole 0 3,100,00
0
CASH TECHNOLOGIES INC OTC IS 147910103 346,625 29,500 Sole 0 29,500
CYMER INC OTC IS 232572107 145,688 4,200 Sole 0 4,200
EGGHEAD INC OTC IS 282330109 1,302,000 186,000 Sole 0 186,000
FIRST AMERICAN FINANCIAL COMMON 318522307 1,810,975 135,400 Sole 0 135,400
CORP
QUANTUM CORP COMMON 747906303 2,376,281 319,500 Sole 0 319,500
REDHOOK ALE BREWERY INC OTC IS 757473103 2,044,615 696,039 Sole 0 696,039
HUTCHINSON TECHNOLOGY OTC IS 448407106 945,000 35,000 Sole 0 35,000
INC
DECS TR IV OTC IS 243664208 381,250 50,000 Sole 0 50,000
IDENTIX INC COMMON 451906101 3,054,050 359,300 Sole 0 359,300
INTRENET INC OTC IS 461190100 11,213,161 4,077,513 Sole 0 4,077,51
3
K MART CORP COMMON 482584109 478,019 40,900 Sole 0 40,900
KOMAG INC OTC IS 500453105 3,399,900 1,133,300 Sole 0 1,133,30
0
MICROAGE INC OTC IS 594928103 123,769 57,400 Sole 0 57,400
MAXTOR CORP OTC IS 577729205 39,335,048 5,965,505 Sole 0 5,965,50
5
NEW CENTURY FINANCIAL OTC IS 64352D101 48,652,050 2,760,400 Sole 0 2,760,40
CORP 0
NATIONAL STEEL CORP-CL B COMMON 637844309 10,177,313 1,467,000 Sole 0 1,467,00
0
NETMOVES CORPORATION OTC IS 64116A104 28,992,563 4,638,810 Sole 0 4,638,81
0
NTN COMMUNICATIONS INC COMMON 629410309 3,172,750 2,538,200 Sole 0 2,538,20
NEW 0
OMI CORP NEW COMMON Y6476W104 4,733,450 1,847,200 Sole 0 1,847,20
0
PYRAMID BREWERIES INC OTC IS 747135101 1,596,047 851,225 Sole 0 851,225
CALL ALASKA AIR OCT 35 CALL 0116599JG 3,250,000 500,000 Sole 0 500,000
CALL ALASKA AIR OCT 040 CALL 0116599JH 140,625 75,000 Sole 0 75,000
AMEX
CALL AMERICA ONLINE OCT CALL 02364J9JT 811,250 110,000 Sole 0 110,000
100
CALL CITIGROUP OCT 045 CALL 1729679JI 225,000 200,000 Sole 0 200,000
****
CALL DELTA AIR OCT 045 CALL 2473619JI 426,250 110,000 Sole 0 110,000
CBOE
CALL DELTA AIR OCT 050 CALL 2473619JJ 443,750 355,000 Sole 0 355,000
CBOE
CALL GOLDMAN SACHS OCT CALL 38141G9JL 86,250 30,000 Sole 0 30,000
60
CALL K MART CORP OCT 010 CALL 4825849JB 770,313 425,000 Sole 0 425,000
CBOE
CALL K MART CORP OCT CALL 4825849JV 125,000 500,000 Sole 0 500,000
12.5 CBOE
CALL K MART CORP JAN 010 CALL 4825840AB 231,250 100,000 Sole 0 100,000
CBOE
CALL K MART CORP NOV 010 CALL 4825849KB 300,000 150,000 Sole 0 150,000
CBOE
CALL MAXTOR CORP OCT CALL 5777299JA 6,914,688 3,815,000 Sole 0 3,815,00
005 **** 0
CALL MAXTOR CORP NOV 5 CALL 5777299KA 196,875 100,000 Sole 0 100,000
CALL MORGAN STANLEY OCT CALL 6174469JP 871,250 85,000 Sole 0 85,000
080 ****
CALL PRICELINE COM OCT CALL 7415039JK 1,575,000 150,000 Sole 0 150,000
55
CALL PRICELINE COM OCT CALL 7415039JM 450,000 100,000 Sole 0 100,000
65
CALL ROUGE INDS MAR 07.5 CALL 7790880CU 11,719 12,500 Sole 0 12,500
PSE
CALL ROUGE INDS DEC 005 CALL 7790889LA 9,500 4,000 Sole 0 4,000
PSE
CALL BOSTON BEER DEC 005 CALL 1005579LA 29,375 10,000 Sole 0 10,000
****
CALL SCHWAB CHARLES OCT CALL 8085139JF 680,000 160,000 Sole 0 160,000
30
CALL SCHWAB CORP OCT 035 CALL 8085139JG 750,000 600,000 Sole 0 600,000
CBOE
CALL SCHWAB CHARLES OCT CALL 8085139JR 1,000,000 400,000 Sole 0 400,000
32.50
CALL SEAGATE TECH OCT CALL 8118049JE 7,931,250 1,350,000 Sole 0 1,350,00
025 AMEX 0
CALL SEAGATE TECH OCT CALL 8118049JF 3,334,438 1,721,000 Sole 0 1,721,00
030 AMEX 0
CALL SEGATE TECH OCT CALL 8118049JZ 52,500 60,000 Sole 0 60,000
32.5 AMEX
CALL SAFEWAY INC OCT 35 CALL 7865149JG 543750 150,000 Sol 0 150,000
e
CALL SAFEWAY INC OCT 040 CALL 7865149JH 218750 250,000 Sol 0 250,000
**** e
CALL SAFEWAY INC OCT 045 CALL 7865149JI 17812.5 95,000 Sole 0 95,000
****
CALL UAL CORP OCT 060 CALL 9025499JL 5593000 952,000 Sol 0 952,000
CBOE e
CALL UAL CORP NEW OCT CALL 9025499JM 650000 260,000 Sol 0 260,000
065 CBOE e
CALL FAXSAV OCT 005 CALL 31210L9JA 1643125 1,195,000 Sol 0 1,195,0
CBOE e 00
CALL NETMOVES CRP OCT CALL 64116A9JB 4687.5 50,000 Sol 0 50,000
010 CBOE e
CALL NETMOVES CORP OCT CALL 64116A9JU 6250 50,000 Sol 0 50,000
7.5 CBOE e
CALL FAXSAV JAN 005 CBOE CALL 31210L0AA 382734.38 177,500 Sol 0 177,500
e
CALL NETMOVES CALL 64116A9KA 81250 50,000 Sol 0 50,000
CORPORATION NOV 5 e
ROUGE INDUSTRIES INC CL COMMON 779088103 7,830,775 1,061,800 Sole 0 1,061,80
A (DEL) 0
RMI TITANIUM CO COMMON 74973W107 9,234,000 923,400 Sole 0 923,400
BOSTON BEER CO INC - CL COMMON 100557107 15,960,725 2,010,800 Sole 0 2,010,80
A 0
SED INTERNATIONAL OTC IS 784109100 1,796,299 700,995 Sole 0 700,995
HOLDINGS INC
SEAGATE TECHNOLOGY INC COMMON 811804103 220,194 7,190 Sole 0 7,190
SOUTHERN PACIFIC FUNDING OTC IS 843576109 224,413 4,488,268 Sole 0 4,488,26
CORP 8
SHOWPOWER INC COMMON 825396104 1,600,853 328,380 Sole 0 328,380
STRIDE RITE CORP COMMON 863314100 7,341,600 1,048,800 Sole 0 1,048,80
0
TEEKAY SHIPPING CORP COMMON V89564104 3,321,875 212,600 Sole 0 212,600
***TVX GOLD INC COMMON 87308K101 7,855,100 5,712,800 Sole 0 5,712,80
0
TOTALS 268,491,362
</TABLE>
SM\M-CORP\IA-13/16\1028307.01
