UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended March 31, 1999
Institutional Investment Manager Filing this Report:
Name: HLM Management Company
Address: 222 Berkeley Street
Boston, MA 02116
The institutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing this report
is authorized to submit it, 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 intergral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: A.R. Haberkorn III
Phone: 617-266-0030
Signature, Place and Date of Signing:
A.R. Haberkorn Boston, Massuchusettes May 7, 1999
Report Type (Check only one):
[X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 15,279,505
Form 13F Information Table Value Total: $679,601,000.00
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
TITLE VALUE SHARES INVSTM OTHER VOTING AUTH
NAME OF ISSURER CLASS CUSIP (X$1000) PRN AMT DSCRET MNGRS SOLE SH NONE
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AHL Services COM 001296102 4,938 240,900 SOLE NONE 206,200 34,700
AXENT Technologies COM 05459C108 4,813 200,000 SOLE NONE 172,400 27,600
Advance Paradigm COM 007491103 960 15,200 SOLE NONE 15,200
Advantage Learning COM 00757K100 11,276 363,000 SOLE NONE 311,500 51,500
American Dental COM 025353103 892 113,300 SOLE NONE 113,300
Applicaed Micro Circuits COM 03822W109 16,869 394,600 SOLE NONE 340,500 54,100
Applied Science and Tech COM 038236105 6,943 552,700 SOLE NONE 476,800 75,900
Ardent Technology COM 039794102 11,340 706,000 SOLE NONE 609,000 97,000
Aware, Inc. COM 05453N100 17,437 371,000 SOLE NONE 320,100 50,900
Bottomline Technologies COM 101388106 4,205 65,900 SOLE NONE 56,000 9,900
Bright Horizon Family COM 109195107 11,901 544,050 SOLE NONE 468,850 75,200
Chattem Inc. COM 162456107 8,438 270,000 SOLE NONE 236,700 33,300
Citadel Commun. COM 172853202 15,195 457,000 SOLE NONE 394,300 62,700
Closure Medical COM 189093107 5,734 150,900 SOLE NONE 131,800 19,100
Computer Network Tech COM 204925101 15,091 935,900 SOLE NONE 806,900 129,000
Concord Comms. COM 206186108 17,078 299,608 SOLE NONE 258,208 41,400
Corporate Exec Brd COM 21988R102 791 30,000 SOLE NONE 26,200 3,800
Coventry Corp. COM 222862104 784 104,500 SOLE NONE 104,500
Critical Path COM 22674V100 7,330 95,200 SOLE NONE 82,000 13,200
Digital River COM 25388B104 13,272 331,800 SOLE NONE 286,600 45,200
Emulex Corp. COM 292475209 11,081 335,800 SOLE NONE 290,400 45,400
Engineering Animation COM 292872108 12,334 292,800 SOLE NONE 252,700 40,100
FVC.com Inc. COM 30266P100 12,855 1,008,200 SOLE NONE 880,200 128,000
FYI Inc. COM 302712104 16,512 516,000 SOLE NONE 449,200 66,800
Garden Burger COM 365476100 7,476 757,100 SOLE NONE 651,600 105,500
Geltex Pharmaceutical COM 368538104 6,134 436,200 SOLE NONE 375,400 60,800
Global Imaging Systems COM 37934A100 1,825 137,100 SOLE NONE 117,100 20,000
Hanger Orthopedic COM 41043F208 1,100 81,500 SOLE NONE 81,500
Healthcare Recoveries COM 42220K101 426 87,300 SOLE NONE 87,300
Heico Corporation COM 422806109 4,932 205,500 SOLE NONE 177,100 28,400
Kendle Int'l. COM 48880L107 11,495 571,200 SOLE NONE 499,600 71,600
Knight Transport COM 499064103 13,010 671,499 SOLE NONE 578,799 92,700
Kroll-O'Gara Company COM 501050108 7,316 269,700 SOLE NONE 232,700 37,000
Lab One COM 50540E101 1,054 100,400 SOLE NONE 100,400
Metro Network COM 591918107 23,843 433,500 SOLE NONE 373,900 59,600
ModemMedia COM 607533106 1,676 39,100 SOLE NONE 33,800 5,300
NFO Worldwide Inc. COM 62910N108 391 39,100 SOLE NONE 39,100
NetGravity, Inc. COM 641114103 2,069 50,000 SOLE NONE 42,900 7,100
P.F. Chang COM 69333Y108 7,442 244,000 SOLE NONE 210,500 33,500
PROVANT, Inc. COM 743724106 7,255 405,900 SOLE NONE 349,800 56,100
Perclose COM 71361C107 5,468 176,400 SOLE NONE 152,900 23,500
Pervasive Software COM 715710109 1,662 93,000 SOLE NONE 80,700 12,300
Power Integrations, Inc. COM 739276103 17,804 560,748 SOLE NONE 483,848 76,900
Powerwave Technologies COM 739363109 5,635 198,600 SOLE NONE 171,300 27,300
Profit Recovery COM 743168106 27,374 693,000 SOLE NONE 603,000 90,000
Qlogic COM 747277101 20,084 299,200 SOLE NONE 258,800 40,400
Quantana Services COM 74762E102 11,310 444,600 SOLE NONE 380,500 64,100
R.F. Micro Devices COM 749941100 16,181 169,100 SOLE NONE 145,800 23,300
RWD Technology COM 74975B101 1,306 74,900 SOLE NONE 66,000 8,900
Rayovac COM 755081106 21,179 768,400 SOLE NONE 662,700 105,700
Res-Care, Inc. COM 760943100 14,794 655,700 SOLE NONE 571,550 84,150
Security First Tech. COM 814279105 15,134 205,900 SOLE NONE 177,600 28,300
Smith-Gardner COM 832059109 8,281 586,300 SOLE NONE 505,800 80,500
Steri Genics Int'l COM 85915R105 174 17,800 SOLE NONE 17,800
Sunrise Assisted Living COM 86768K106 15,359 337,100 SOLE NONE 296,200 40,900
Telebanc COM 87925R109 6,452 80,900 SOLE NONE 72,600 8,300
Towne Services COM 892148107 5,531 563,700 SOLE NONE 486,900 76,800
Xomed COM 98412V107 14,658 373,450 SOLE NONE 324,600 48,850
ZDNet Group COM 989511209 36 1,000 SOLE NONE 1,000
</TABLE>
