UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
"Washington, D.C. 20549"
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: "June 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: Paul Singer
"Address: 712 Fifth Avenue, 36th floor"
" New York, NY 10019"
13F File Number: 28-4726
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 reqired items, statements,
schedules, lists, and tables, are considered" integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Paul Singer
Phone: 212-974-6000
"Signature, Place, and Date of Signing:"
" Paul Singer New York, New York August 13, 1999"
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
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: 2
Form 13F Information Table Entry Total: 253
Form 13F Information Table Value Total: "$774,999,839 "
List of Other Included Managers:
No. 13F File Number Name
" 01 28-4724 ELLIOTT ASSOCIATES, L.P."
" 02 28-6628 WESTGATE INTERNATIONAL, L.P."
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C> <C>
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
ABACUS DIRECT CORP COM 002553105 602,581 6,700 SH DEFINED 01 0 6,700 0
ABOVENET COMMUNI-
CATIONS INC COM 003743101 2,519,531 62,500 SH DEFINED 01 0 62,500 0
ALLIANCE ALL MARKET
ADVANTAGE COM 01852M108 1,338,750 30,000 SH DEFINED 01 0 30,000 0
ASIA PAC FD INC COM 044901106 243,272 24,792 SH DEFINED 01 0 24,792 0
QMS INC COM 74726G102 355,300 64,600 SH DEFINED 01 0 64,600 0
ASHANTI GOLDFIELDS
LTD GLOB DEP RCPT 043743202 260,156 37,500 SH DEFINED 01 0 37,500 0
AT HOME CORP COM SER A 045919107 1,127,725 20,908 SH DEFINED 01 0 20,908 0
BAKER FENTRESS & CO COM 057213100 494,000 26,000 SH DEFINED 01 0 26,000 0
BRISTOL MYERS SQUIBB
CO COM 11012210 3,521,875 50,000 SH PUT DEFINED 01 0 50,000 0
BLACKROCK NORTH AMERN
GV INCM COM 092475102 250,000 25,000 SH DEFINED 01 0 25,000 0
BRT RLTY TR SH BEN INT NEW 055645303 138,819 16,700 SH DEFINED 01 0 16,700 0
JOHN HANCOCK BK
&THRIFT OPP FD SH BEN INT 409735107 356,250 37,500 SH DEFINED 01 0 37,500 0
BLUEGREEN CORP COM 096231105 626,666 115,249 SH DEFINED 01 0 115,249 0
CIENA CORP COM 171779101 1,488,300 49,200 SH DEFINED 01 0 49,200 0
CLAIMSNET COM INC COM 179570106 124,688 15,000 SH DEFINED 01 0 15,000 0
COLGATE PALMOLIVE CO COM 19416210 4,925,000 50,000 SH PUT DEFINED 01 0 50,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,175,000 2,500 PRN DEFINED 01 0 2,500 0
CONOCO INC CL A 208251306 2,787,500 100,000 SH CALL DEFINED 01 0 100,000 0
DU PONT E I DE
NEMOURS & CO COM 263534109 1,912,750 28,000 SH DEFINED 01 0 28,000 0
DELL COMPUTER CORP COM 247025109 3,693,750 100,000 SH PUT DEFINED 01 0 100,000 0
FEDERATED DEPT STORES
INC DEL COM 31410H101 12,239,997 231,216 SH DEFINED 01 0 231,216 0
FEDERATED DEPT STORES
INC DEL WT D EX 121901 31410H127 2,530,550 94,600 SH DEFINED 01 0 94,600 0
GLOBAL CROSSING LTD COM G3921A100 4,513,838 106,052 SH DEFINED 01 0 106,052 0
GAYLORD CONTAINER
CORP CL A 368145108 106,720 13,445 SH DEFINED 01 0 13,445 0
GENERAL ELEC CO COM 369604103 16,950,000 150,000 SH PUT DEFINED 01 0 150,000 0
INVESCO GLOBAL HEALTH
SCIENCES COM 46128N109 5,353,406 335,900 SH DEFINED 01 0 335,900 0
ASCENT ENTMT
GROUP INC COM 043628106 936,563 67,500 SH DEFINED 01 0 67,500 0
GOLDEN ST BANCORP
INC WT EXP 082100 381197128 577,913 46,700 SH DEFINED 01 0 46,700 0
GOLDEN ST BANCORP
INC WT EXP 000000 381197136 1,449,919 1,104,700 SH DEFINED 01 0 1,104,700 0
GANTOS INC NEW COM NEW 36473U105 47,499 66,085 SH DEFINED 01 0 66,085 0
ACTV INC COM 00088E104 3,533,638 255,829 SH DEFINED 01 0 255,829 0
INTERNATIONAL BUSI-
NESS MACHS COM 459200101 25,850,000 200,000 SH PUT DEFINED 01 0 200,000 0
ICN PHARMACEUTICALS
INC NEW COM 448924100 2,746,270 85,321 SH DEFINED 01 0 85,321 0
ICO GLOBAL COMM
HLDGS ORD G4705T109 1,926,600 321,100 SH DEFINED 01 0 321,100 0
INTERDIGITAL COMMUNI-
CATIONS CP COM 45866A105 232,200 51,600 SH DEFINED 01 0 51,600 0
IMPERIAL SUGAR CO
NEW COM 453096109 947,399 136,562 SH DEFINED 01 0 136,562 0
ILLINOIS SUPER-
CONDUCTOR CORP COM 452284102 40,125 53,500 SH DEFINED 01 0 53,500 0
ILLINOIS SUPER-
CONDUCTOR CORP COM 452284102 53,893 71,857 SH DEFINED 01 0 71,857 0
JB OXFORD HLDGS INC COM 466107109 264,375 18,800 SH DEFINED 01 0 18,800 0
KANEB SERVICES INC COM 484170105 98,600 23,200 SH DEFINED 01 0 23,200 0
CHECK POINT SOFTWARE
TECH LTD ORD M2246510 2,681,250 50,000 SH PUT DEFINED 01 0 50,000 0
COCA COLA CO COM 191216100 3,100,000 50,000 SH PUT DEFINED 01 0 50,000 0
MCI WORLDCOM INC COM 55268B106 12,900,000 150,000 SH PUT DEFINED 01 0 150,000 0
LEVEL ONE COMMUNI-
CATIONS INC COM 527295109 734,063 15,000 SH DEFINED 01 0 15,000 0
LSB INDS INC COM 502160104 153,750 102,500 SH DEFINED 01 0 102,500 0
LTV CORP NEW COM 501921100 717,170 108,252 SH DEFINED 01 0 108,252 0
LADY LUCK GAMING
CORP COM PAR $0.006 505820308 98,605 22,865 SH DEFINED 01 0 22,865 0
LUCENT TECHNOLOGIES
INC COM 549463107 6,743,750 100,000 SH PUT DEFINED 01 0 100,000 0
SCHWAB CHARLES CORP
NEW COM 808513105 763,000 7,000 SH PUT DEFINED 01 0 7,000 0
M D C HLDGS INC COM 552676108 903,000 42,000 SH DEFINED 01 0 42,000 0
MGM GRAND INC COM 552953101 588,000 12,000 SH DEFINED 01 0 12,000 0
MACMILLAN BLOEDEL LTD COM 554783209 2,025,000 112,500 SH DEFINED 01 0 112,500 0
MEDICAL MANAGER CORP COM 58461C103 3,132,900 70,800 SH DEFINED 01 0 70,800 0
MINDSPRING ENTERPRISES
INC COM 602683104 1,949,750 44,000 SH PUT DEFINED 01 0 44,000 0
MINDSPRING ENTERPRISES
INC COM 602683104 531,750 12,000 SH PUT DEFINED 01 0 12,000 0
MICROSOFT CORP COM 594918104 18,025,000 200,000 SH PUT DEFINED 01 0 200,000 0
MICROSOFT CORP COM 594918104 513,713 5,700 SH DEFINED 01 0 5,700 0
MICROSOFT CORP COM 594918104 9,012,500 100,000 SH PUT DEFINED 01 0 100,000 0
MICROSOFT CORP COM 594918104 11,265,625 125,000 SH PUT DEFINED 01 0 125,000 0
MICROSOFT CORP COM 594918104 9,012,500 100,000 SH PUT DEFINED 01 0 100,000 0
MICROSOFT CORP COM 594918104 4,506,250 50,000 SH PUT DEFINED 01 0 50,000 0
MORGAN STANLEY DEAN
WITTER&CO COM NEW 617446448 5,336,500 52,000 SH PUT DEFINED 01 0 52,000 0
MEXICO FD INC COM 592835102 5,550,907 320,630 SH DEFINED 01 0 320,630 0
NAVISTAR INTL CORP
NEW COM 63934E108 250,000 5,000 SH DEFINED 01 0 5,000 0
NATIONAL DISC BROKERS
GROUP COM 635646102 866,250 15,000 SH PUT DEFINED 01 0 15,000 0
U S OFFICE PRODS CO COM NEW 912325305 979,625 184,400 SH DEFINED 01 0 184,400 0
PROVIDENT AMER CORP COM 743832107 2,920,313 105,000 SH DEFINED 01 0 105,000 0
PAUL HARRIS STORES INC COM NEW 703555201 147,150 21,800 SH DEFINED 01 0 21,800 0
PITNEY BOWES INC COM 724479100 6,425,000 100,000 SH PUT DEFINED 01 0 100,000 0
POINT WEST CAP CORP COM 730715109 246,531 24,500 SH DEFINED 01 0 24,500 0
CMGI INC COM 125750109 1,139,375 10,000 SH PUT DEFINED 01 0 10,000 0
CMGI INC COM 125750109 3,987,813 35,000 SH PUT DEFINED 01 0 35,000 0
CMGI INC COM 125750109 2,563,594 22,500 SH PUT DEFINED 01 0 22,500 0
CMGI INC COM 125750109 4,842,344 42,500 SH PUT DEFINED 01 0 42,500 0
CMGI INC COM 125750109 1,709,063 15,000 SH CALL DEFINED 01 0 15,000 0
CMGI INC COM 125750109 2,563,594 22,500 SH PUT DEFINED 01 0 22,500 0
CMGI INC COM 125750109 3,133,281 27,500 SH PUT DEFINED 01 0 27,500 0
CMGI INC COM 125750109 2,848,438 25,000 SH PUT DEFINED 01 0 25,000 0
INFOSEEK CORP COM 45678M107 958,750 20,000 SH CALL DEFINED 01 0 20,000 0
CNET INC COM 125945105 4,202,063 73,000 SH PUT DEFINED 01 0 73,000 0
CNET INC COM 125945105 1,899,563 33,000 SH PUT DEFINED 01 0 33,000 0
CNET INC COM 125945105 1,151,250 20,000 SH CALL DEFINED 01 0 20,000 0
REALNETWORKS INC COM 75605L104 3,099,375 45,000 SH PUT DEFINED 01 0 45,000 0
REALNETWORKS INC COM 75605L104 688,750 10,000 SH PUT DEFINED 01 0 10,000 0
REALNETWORKS INC COM 75605L104 1,377,500 20,000 SH PUT DEFINED 01 0 20,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,220,000 20,000 SH CALL DEFINED 01 0 20,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 2,440,000 40,000 SH PUT DEFINED 01 0 40,000 0
LYCOS INC COM 550818108 2,296,875 25,000 SH CALL DEFINED 01 0 25,000 0
INKTOMI CORP COM 457277101 1,972,500 15,000 SH CALL DEFINED 01 0 15,000 0
AMAZON COM INC COM 023135106 6,003,000 48,000 SH PUT DEFINED 01 0 48,000 0
AMAZON COM INC COM 023135106 2,501,250 20,000 SH PUT DEFINED 01 0 20,000 0
RICHMONT MINES INC COM 76547T106 894,156 461,500 SH DEFINED 01 0 461,500 0
SCHWAB CHARLES
CORP NEW COM 808513105 457,800 4,200 SH DEFINED 01 0 4,200 0
SCHWAB CHARLES
CORP NEW COM 808513105 1,090,000 10,000 SH PUT DEFINED 01 0 10,000 0
SCHWAB CHARLES
CORP NEW COM 808513105 3,815,000 35,000 SH PUT DEFINED 01 0 35,000 0
SIEBERT FINL CORP COM 826176109 1,106,191 36,950 SH DEFINED 01 0 36,950 0
SOUTHERN PAC
PETE NL ADR NEW 843581307 1,472,712 490,904 SH DEFINED 01 0 490,904 0
SUNSHINE MNG &
REFINING CO COM 867833105 642,865 1,714,306 SH DEFINED 01 0 1,714,306 0
SUNSHINE MNG &
REFINING CO COM 867833105 37,500 100,000 SH DEFINED 01 0 100,000 0
AMERITRADE HLDG CORP CL A 03072H109 1,063,750 10,000 SH CALL DEFINED 01 0 10,000 0
TELEBANC FINANCIAL
CORP COM 87925R109 2,923,913 75,700 SH DEFINED 01 0 75,700 0
TERA COMPUTER CO COM 88076P108 569,385 105,932 SH DEFINED 01 0 105,932 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 1,220,000 20,000 SH CALL DEFINED 01 0 20,000 0
KNIGHT/TRIMARK
GROUP INC CL A 499067106 610,000 10,000 SH CALL DEFINED 01 0 10,000 0
TODD SHIPYARDS
CORP DEL COM 889039103 241,313 35,100 SH DEFINED 01 0 35,100 0
TOYS R US INC COM 892335100 1,485,776 71,820 SH DEFINED 01 0 71,820 0
AT&T CORP COM 001957109 853,931 15,300 SH PUT DEFINED 01 0 15,300 0
TIME WARNER INC COM 887315109 6,792,907 93,534 SH DEFINED 01 0 93,534 0
UNIVERSAL HLTH
SVCS INC CL B 913903100 1,795,400 37,600 SH DEFINED 01 0 37,600 0
MEDIAONE GROUP INC COM 58440J104 5,288,063 71,100 SH DEFINED 01 0 71,100 0
U S G CORP COM NEW 903293405 409,696 7,316 SH DEFINED 01 0 7,316 0
VISKASE COMPANIES INC COM 92831R102 165,572 42,050 SH DEFINED 01 0 42,050 0
VION PHARMACEU-
TICALS INC COM 927624106 1,859,195 401,988 SH DEFINED 01 0 401,988 0
VION PHARMACEU-
TICALS INC COM 927624106 1,033,590 223,479 SH DEFINED 01 0 223,479 0
VION PHARMACEU-
TICALS INC WT A EX 081400 927624114 200,213 78,132 SH DEFINED 01 0 78,132 0
VODAFONE AIRTOUCH
PLC SPONSORED ADR 92857T107 640,250 3,250 SH DEFINED 01 0 3,250 0
WHX CORP COM 929248102 69,202 10,545 SH DEFINED 01 0 10,545 0
EBAY INC COM 278642103 3,026,250 20,000 SH CALL DEFINED 01 0 20,000 0
MORGAN J P & CO INC COM 616880100 3,512,500 25,000 SH PUT DEFINED 01 0 25,000 0
HORIZON OFFSHORE INC COM 44043J105 33,422,510 4,383,280 SH DEFINED 0 4,383,280 0
ASHANTI GOLDFIELDS
LTD GLOB DEP RCPT 043743202 2,052,966 295,923 SH DEFINED 0 295,923 0
AT HOME CORP COM SER A 045919107 630,637 11,692 SH DEFINED 0 11,692 0
DELIA*S INC COM 246885107 692,916 52,050 SH DEFINED 0 52,050 0
DEUTSCHE TELEKOM
AG SPONSORED ADR 251566105 790,878 18,719 SH DEFINED 0 18,719 0
GLOBAL CROSSING LTD COM G3921A100 819,030 19,243 SH DEFINED 0 19,243 0
IMPERIAL SUGAR CO NEW COM 453096109 1,595,812 230,027 SH DEFINED 0 230,027 0
KOREA ELECTRIC
PWR SPONSORED ADR 500631106 15,067,500 735,000 SH DEFINED 0 735,000 0
KOREA TELECOM SPONSORED ADR 50063P103 11,265,200 281,630 SH DEFINED 0 281,630 0
BAYCORP HLDGS
CORP COM 072728108 3,853,476 856,328 SH DEFINED 0 856,328 0
OMNIPOINT CORP COM 68212D102 577,500 20,000 SH DEFINED 0 20,000 0
SK TELECOM LTD SPONSORED ADR 78440P108 1,432,029 84,237 SH DEFINED 0 84,237 0
MEDICAL MANAGER
CORP NEW COM 87160F109 687,500 10,000 SH DEFINED 0 10,000 0
SOUTHERN PAC
PETE NL ADR NEW 843581307 5,831,058 1,943,686 SH DEFINED 0 1,943,686 0
STONE CONTAINER
CORP PFD E CV $1.75 861589307 980,700 46,700 SH DEFINED 0 46,700 0
VISKASE COMPANIES
INC COM 92831R102 1,699,441 431,604 SH DEFINED 0 431,604 0
VODAFONE AIRTOUCH
PLC SPONSORED ADR 92857T107 886,500 4,500 SH DEFINED 0 4,500 0
WORKFLOW MGMT INC COM 98137N109 2,515,011 176,492 SH DEFINED 0 176,492 0
ZOLL MED CORP COM 989922109 2,172,575 184,900 SH DEFINED 0 184,900 0
AMERICAN REAL ESTATE
PARTNR LP DEPOSITRY UNIT 029169109 1,001,813 123,300 SH DEFINED 0 123,300 0
CENTRAL PAC MINERALS
NL ADR NEW 154762306 206,511 25,390 SH DEFINED 0 25,390 0
BAYCORP HLDGS CORP COM 072728108 170,465 37,881 SH DEFINED 0 37,881 0
SOUTHERN PAC PETE NL ADR NEW 843581307 1,588,800 529,600 SH DEFINED 0 529,600 0
VISKASE COMPANIES INC COM 92831R102 55,125 14,000 SH DEFINED 0 14,000 0
HORIZON OFFSHORE INC COM 44043J105 33,422,510 4,383,280 SH DEFINED 0 4,383,280 0
ABACUS DIRECT CORP COM 002553105 557,613 6,200 SH DEFINED 02 0 6,200 0
ABOVENET COMMUNI-
CATIONS INC COM 003743101 2,519,531 62,500 SH DEFINED 02 0 62,500 0
QMS INC COM 74726G102 354,200 64,400 SH DEFINED 02 0 64,400 0
ASHANTI GOLDFIELDS
LTD GLOB DEP RCPT 043743202 2,312,421 333,322 SH DEFINED 02 0 333,322 0
AT HOME CORP COM SER A 045919107 1,833,875 34,000 SH DEFINED 02 0 34,000 0
BAKER FENTRESS & CO COM 057213100 492,100 25,900 SH DEFINED 02 0 25,900 0
BRISTOL MYERS
SQUIBB CO COM 11012210 3,521,875 50,000 SH PUT DEFINED 02 0 50,000 0
BLACKROCK NORTH
AMERN GV INCM COM 092475102 250,000 25,000 SH DEFINED 02 0 25,000 0
JOHN HANCOCK BK &
THRIFT OPP FD SH BEN INT 409735107 356,250 37,500 SH DEFINED 02 0 37,500 0
CLAIMSNET COM INC COM 179570106 124,688 15,000 SH DEFINED 02 0 15,000 0
COLGATE PALMOLIVE CO COM 19416210 4,925,000 50,000 SH PUT DEFINED 02 0 50,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,175,000 2,500 PRN DEFINED 02 0 2,500 0
CONOCO INC CL A 208251306 2,787,500 100,000 SH CALL DEFINED 02 0 100,000 0
CENTRAL PAC MINERALS
NL ADR NEW 154762306 894,693 110,000 SH DEFINED 02 0 110,000 0
DU PONT E I DE
NEMOURS & CO COM 263534109 1,912,750 28,000 SH DEFINED 02 0 28,000 0
DELIA*S INC COM 246885107 691,584 51,950 SH DEFINED 02 0 51,950 0
DELL COMPUTER CORP COM 247025109 3,693,750 100,000 SH PUT DEFINED 02 0 100,000 0
FEDERATED DEPT STORES
INC DEL WT D EX 121901 31410H127 2,530,550 94,600 SH DEFINED 02 0 94,600 0
GLOBAL LT TELECOMMUNI-
CATIONS COM 37934X100 180,000 20,000 SH DEFINED 02 0 20,000 0
GAYLORD CONTAINER
CORP CL A 368145108 139,605 17,588 SH DEFINED 02 0 17,588 0
GENERAL ELEC CO COM 369604103 16,950,000 150,000 SH PUT DEFINED 02 0 150,000 0
INVESCO GLOBAL
HEALTH SCIENCES COM 46128N109 5,393,250 338,400 SH DEFINED 02 0 338,400 0
ASCENT ENTMT GROUP INC COM 043628106 935,175 67,400 SH DEFINED 02 0 67,400 0
GOLDEN ST BANCORP
INC WT EXP 082100 381197128 577,913 46,700 SH DEFINED 02 0 46,700 0
GOLDEN ST BANCORP
INC WT EXP 000000 381197136 1,449,000 1,104,000 SH DEFINED 02 0 1,104,000 0
GANTOS INC NEW COM NEW 36473U105 80,500 112,000 SH DEFINED 02 0 112,000 0
ACTV INC COM 00088E104 3,425,099 247,971 SH DEFINED 02 0 247,971 0
INTERNATIONAL
BUSINESS MACHS COM 459200101 25,850,000 200,000 SH PUT DEFINED 02 0 200,000 0
ICO GLOBAL COMM HLDGS ORD G4705T109 1,901,400 316,900 SH DEFINED 02 0 316,900 0
IMPERIAL SUGAR CO NEW COM 453096109 3,266,792 470,889 SH DEFINED 02 0 470,889 0
ILLINOIS SUPER-
CONDUCTOR CORP COM 452284102 40,125 53,500 SH DEFINED 02 0 53,500 0
ILLINOIS SUPER-
CONDUCTOR CORP COM 452284102 53,968 71,957 SH DEFINED 02 0 71,957 0
JB OXFORD HLDGS INC COM 466107109 241,875 17,200 SH DEFINED 02 0 17,200 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 13,891,108 677,615 SH DEFINED 02 0 677,615 0
CHECK POINT SOFTWARE
TECH LTD ORD M2246510 2,681,250 50,000 SH PUT DEFINED 02 0 50,000 0
COCA COLA CO COM 191216100 3,100,000 50,000 SH PUT DEFINED 02 0 50,000 0
KOREA TELECOM SPONSORED ADR 50063P103 11,265,200 281,630 SH DEFINED 02 0 281,630 0
MCI WORLDCOM INC COM 55268B106 12,900,000 150,000 SH PUT DEFINED 02 0 150,000 0
LEVEL ONE COMMUNI-
CATIONS INC COM 527295109 734,063 15,000 SH DEFINED 02 0 15,000 0
LUCENT TECHNOLOGIES
INC COM 549463107 6,743,750 100,000 SH PUT DEFINED 02 0 100,000 0
SCHWAB CHARLES
CORP NEW COM 808513105 763,000 7,000 SH PUT DEFINED 02 0 7,000 0
MGM GRAND INC COM 552953101 588,000 12,000 SH DEFINED 02 0 12,000 0
MACMILLAN BLOEDEL LTD COM 554783209 2,025,000 112,500 SH DEFINED 02 0 112,500 0
MEDICAL MANAGER CORP COM 58461C103 3,132,900 70,800 SH DEFINED 02 0 70,800 0
MINDSPRING ENTERPRISES
INC COM 602683104 1,949,750 44,000 SH PUT DEFINED 02 0 44,000 0
MINDSPRING ENTERPRISES
INC COM 602683104 531,750 12,000 SH PUT DEFINED 02 0 12,000 0
MICROSOFT CORP COM 594918104 18,025,000 200,000 SH PUT DEFINED 02 0 200,000 0
MICROSOFT CORP COM 594918104 513,713 5,700 SH DEFINED 02 0 5,700 0
MICROSOFT CORP COM 594918104 9,012,500 100,000 SH PUT DEFINED 02 0 100,000 0
MICROSOFT CORP COM 594918104 11,265,625 125,000 SH PUT DEFINED 02 0 125,000 0
MICROSOFT CORP COM 594918104 9,012,500 100,000 SH PUT DEFINED 02 0 100,000 0
MICROSOFT CORP COM 594918104 4,506,250 50,000 SH PUT DEFINED 02 0 50,000 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 5,336,500 52,000 SH PUT DEFINED 02 0 52,000 0
BAYCORP HLDGS CORP COM 072728108 4,918,496 1,092,999 SH DEFINED 02 0 1,092,999 0
NATIONAL DISC
BROKERS GROUP COM 635646102 866,250 15,000 SH PUT DEFINED 02 0 15,000 0
U S OFFICE PRODS CO COM NEW 912325305 992,593 186,841 SH DEFINED 02 0 186,841 0
OMNIPOINT CORP COM 68212D102 577,500 20,000 SH DEFINED 02 0 20,000 0
PROVIDENT AMER CORP COM 743832107 2,920,313 105,000 SH DEFINED 02 0 105,000 0
PHARMOS CORP COM NEW 717139208 20,629 12,695 SH DEFINED 02 0 12,695 0
PITNEY BOWES INC COM 724479100 6,425,000 100,000 SH PUT DEFINED 02 0 100,000 0
POINT WEST CAP CORP COM 730715109 243,513 24,200 SH DEFINED 02 0 24,200 0
CMGI INC COM 125750109 1,139,375 10,000 SH PUT DEFINED 02 0 10,000 0
CMGI INC COM 125750109 3,987,813 35,000 SH PUT DEFINED 02 0 35,000 0
CMGI INC COM 125750109 2,563,594 22,500 SH PUT DEFINED 02 0 22,500 0
CMGI INC COM 125750109 4,842,344 42,500 SH PUT DEFINED 02 0 42,500 0
CMGI INC COM 125750109 1,709,063 15,000 SH CALL DEFINED 02 0 15,000 0
CMGI INC COM 125750109 2,563,594 22,500 SH PUT DEFINED 02 0 22,500 0
CMGI INC COM 125750109 3,133,281 27,500 SH PUT DEFINED 02 0 27,500 0
CMGI INC COM 125750109 2,848,438 25,000 SH PUT DEFINED 02 0 25,000 0
INFOSEEK CORP COM 45678M107 958,750 20,000 SH CALL DEFINED 02 0 20,000 0
CNET INC COM 125945105 4,202,063 73,000 SH PUT DEFINED 02 0 73,000 0
CNET INC COM 125945105 1,899,563 33,000 SH PUT DEFINED 02 0 33,000 0
CNET INC COM 125945105 1,151,250 20,000 SH CALL DEFINED 02 0 20,000 0
REALNETWORKS INC COM 75605L104 3,099,375 45,000 SH PUT DEFINED 02 0 45,000 0
REALNETWORKS INC COM 75605L104 688,750 10,000 SH PUT DEFINED 02 0 10,000 0
REALNETWORKS INC COM 75605L104 1,377,500 20,000 SH PUT DEFINED 02 0 20,000 0
KNIGHT/TRIMARK GROUP
INC CL A 499067106 1,220,000 20,000 SH CALL DEFINED 02 0 20,000 0
KNIGHT/TRIMARK GROUP
INC CL A 499067106 2,440,000 40,000 SH PUT DEFINED 02 0 40,000 0
LYCOS INC COM 550818108 2,296,875 25,000 SH CALL DEFINED 02 0 25,000 0
INKTOMI CORP COM 457277101 1,972,500 15,000 SH CALL DEFINED 02 0 15,000 0
AMAZON COM INC COM 023135106 6,003,000 48,000 SH PUT DEFINED 02 0 48,000 0
AMAZON COM INC COM 023135106 2,501,250 20,000 SH PUT DEFINED 02 0 20,000 0
RICHMONT MINES INC COM 76547T106 1,128,206 582,300 SH DEFINED 02 0 582,300 0
SCHWAB CHARLES CORP
NEW COM 808513105 457,800 4,200 SH DEFINED 02 0 4,200 0
SCHWAB CHARLES CORP
NEW COM 808513105 1,090,000 10,000 SH PUT DEFINED 02 0 10,000 0
SCHWAB CHARLES CORP
NEW COM 808513105 3,815,000 35,000 SH PUT DEFINED 02 0 35,000 0
SIEBERT FINL CORP COM 826176109 983,447 32,850 SH DEFINED 02 0 32,850 0
SUNSHINE MNG &
REFINING CO WT EXP 052301 867833147 95,483 1,018,485 SH DEFINED 02 0 1,018,485 0
SK TELECOM LTD SPONSORED ADR 78440P108 1,615,000 95,000 SH DEFINED 02 0 95,000 0
MEDICAL MANAGER
CORP NEW COM 87160F109 687,500 10,000 SH DEFINED 02 0 10,000 0
SOUTHERN PAC
PETE NL ADR NEW 843581307 8,164,881 2,721,627 SH DEFINED 02 0 2,721,627 0
SUNSHINE MNG &
REFINING CO COM 867833105 37,500 100,000 SH DEFINED 02 0 100,000 0
STONE CONTAINER
CORP PFD E CV $1.75 861589307 951,300 45,300 SH DEFINED 02 0 45,300 0
AMERITRADE HLDG CORP CL A 03072H109 1,063,750 10,000 SH CALL DEFINED 02 0 10,000 0
TELEBANC FINANCIAL
CORP COM 87925R109 2,923,913 75,700 SH DEFINED 02 0 75,700 0
TERA COMPUTER CO COM 88076P108 569,385 105,932 SH DEFINED 02 0 105,932 0
KNIGHT/TRIMARK GROUP
INC CL A 499067106 1,220,000 20,000 SH CALL DEFINED 02 0 20,000 0
KNIGHT/TRIMARK GROUP
INC CL A 499067106 610,000 10,000 SH CALL DEFINED 02 0 10,000 0
AT&T CORP COM 001957109 853,931 15,300 SH PUT DEFINED 02 0 15,300 0
MEDIAONE GROUP INC COM 58440J104 5,280,625 71,000 SH DEFINED 02 0 71,000 0
VISKASE COMPANIES INC COM 92831R102 3,077,928 781,696 SH DEFINED 02 0 781,696 0
VION PHARMACEU-
TICALS INC COM 927624106 1,874,193 405,231 SH DEFINED 02 0 405,231 0
VION PHARMACEU-
TICALS INC COM 927624106 1,033,586 223,478 SH DEFINED 02 0 223,478 0
VION PHARMACEU-
TICALS INC WT A EX 081400 927624114 199,168 77,724 SH DEFINED 02 0 77,724 0
VODAFONE AIRTOUCH
PLC SPONSORED ADR 92857T107 1,526,750 7,750 SH DEFINED 02 0 7,750 0
WORKFLOW MGMT INC COM 98137N109 2,364,731 165,946 SH DEFINED 02 0 165,946 0
EBAY INC COM 278642103 3,026,250 20,000 SH CALL DEFINED 02 0 20,000 0
MORGAN J P & CO INC COM 616880100 3,512,500 25,000 SH PUT DEFINED 02 0 25,000 0
ZOLL MED CORP COM 989922109 2,163,175 184,100 SH DEFINED 02 0 184,100 0
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