13F-HR 1 cc13f.txt DATED 7/30/01 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, 2001 ---------------------- 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: Cannell Capital LLC --------------------------------------------------- Address: 2500 18th Street, 3rd Floor --------------------------------------------------- San Francisco, CA 94110 --------------------------------------------------- --------------------------------------------------- Form 13F File Number: 28- 6453 ------------ 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 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: J. Carlo Cannell --------------------------------------------------- Title: Managing Member --------------------------------------------------- Phone: 415-229-8115 --------------------------------------------------- Signature, Place, and Date of Signing: /s/ J. Carlo Cannell San Francisco, CA 08/13/01 -------------------------------- --------------------------- ------------------- [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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------------- Form 13F Information Table Entry Total: 71 ------------------- Form 13F Information Table value Total: $ 465,234 ------------------- (thousands) 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.] NONE CANNELL CAPITAL LLC Managed Assets as of 6/30/2001
----------------------------------------------------------------------------------------------------------------------------------- COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 ----------------------------------------------------------------------------------------------------------------------------------- VALUE SHS OR PRN SH/ PUT/ INVESTMENT NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) AMT PRN CALL DISCRETION ----------------------------------------------------------------------------------------------------------------------------------- 3TEC ENERGY CORP COM NEW COMMON 88575r308 10,930 615,800 SH SOLE ADEPT TECHNOLOGY INC COMMON 006854103 6,487 655,300 SH SOLE ALDILA INC COM COMMON 014384101 2,394 1,496,050 SH SOLE ALLIANCE SEMICONDUCTOR CORP COMMON 01877h100 14,117 1,174,500 SH SOLE AMCOL INTERNATIONAL CORP COMMON 02341w103 7,059 1,176,500 SH SOLE AMERICA SVC GROUP INC COM COMMON 02364l109 8,504 332,200 SH SOLE APPLIED INNOVATION INC COM COMMON 037916103 5,119 613,100 SH SOLE ASHWORTH INC COM COMMON 04516h101 3,447 624,500 SH SOLE CALIFORNIA MICRO DEVIC COM COMMON 130439102 7,092 1,006,000 SH SOLE CASCADE CORP COM COMMON 147195101 3,562 356,200 SH SOLE COLUMBUS MCKINNON CORP-N.Y. COMMON 199333105 3,209 285,200 SH SOLE COMTECH TELECOMMUNICAT COM NEW COMMON 205826209 4,609 329,180 SH SOLE CONRAD INDS INC COM COMMON 208305102 4,050 600,000 SH SOLE CONSOLIDATED GRAPHICS INC COMMON 209341106 12,934 760,800 SH SOLE CORNELL COMPANIES INC CMN COMMON 219141108 7,481 536,300 SH SOLE DAVOX CORP COMMON 239208101 7,089 854,100 SH SOLE DITECH COMMUNICATIONS CORP COMMON 25500m103 5,388 726,100 SH SOLE EEX CORPORATION (NEW) COMMON 26842v207 3,194 1,136,800 SH SOLE ENNIS BUSINESS FORMS INC COMMON 293389102 10,887 1,378,100 SH SOLE EURONET SERVICES INC COMMON 298736109 1,122 125,200 SH SOLE FAMOUS DAVE'S OF AMERICA COMMON 307068106 628 64,900 SH SOLE FIRST YRS INC COM COMMON 337610109 4,296 383,600 SH SOLE HOOPER HOLMES INC COM COMMON 439104100 9,096 891,800 SH SOLE HUGOTON RTY TR TEX UNIT BEN INT UNIT BEN INT 444717102 7,992 636,300 SH SOLE ICO INC. PFD CV 449293307 696 44,890 SH SOLE INTER PARFUMS INC COM COMMON 458334109 6,804 517,450 SH SOLE INTERLINQ SOFTWARE CP COM COMMON 458753100 1,520 759,800 SH SOLE KROLL-O'GARA COMPANY COMMON 501050108 8,436 891,800 SH SOLE MAPICS INC COM COMMON 564910107 9,214 1,535,600 SH SOLE MEDQUIST INC COMMON 584949101 18,059 608,448 SH SOLE METRO ONE TELECOMM COM COMMON 59163f105 15,348 236,600 SH SOLE MOBIUS MGMT SYS COM COMMON 606925105 4,873 1,476,600 SH SOLE NATIONAL RESEARCH CORP COM COMMON 637372103 3,397 617,600 SH SOLE NAVIDEC INC COM COMMON 63934q101 862 837,300 SH SOLE ON-ASSIGNMENT INC COMMON 682159108 4,574 254,100 SH SOLE OPINION RESH CORP COM COMMON 683755102 3,784 620,289 SH SOLE ORPHAN MEDICAL INC COMMON 687303107 4,220 372,796 SH SOLE OSCA INC COMMON 687836106 5,671 273,700 SH SOLE PC-TEL INC CMN COMMON 69325q105 10,177 1,105,000 SH SOLE PEGASUS SOLUTIONS INC CMN COMMON 705906105 9,731 842,500 SH SOLE PENWEST PHARMACEUTICALS CO COMMON 709754105 350 22,600 SH SOLE PINNACLE SYS INC COM COMMON 723481107 11,139 1,841,125 SH SOLE PLANTRONICS INC COMMON 727493108 15,853 684,800 SH SOLE QUALITY SYS INC COM COMMON 747582104 7,134 548,800 SH SOLE RADCOM LTD ORD ORD m81865103 1,332 1,100,840 SH SOLE RANGE RESOURCES CORPORATION COMMON 75281a109 11,697 1,949,500 SH SOLE SBE INC COM NEW COMMON 783873201 853 379,200 SH SOLE -------------------------------------------------------------------------------- COLUMN 1 COLUMN 7 COLUMN 8 -------------------------------------------------------------------------------- VOTING AUTHORITY OTHER -------------------------- NAME OF ISSUER MGRS SOLE SHARED NONE -------------------------------------------------------------------------------- # OF EACH TYPE 3TEC ENERGY CORP COM NEW 527,500 88,300 ADEPT TECHNOLOGY INC 583,700 71,600 ALDILA INC COM 1,303,150 192,900 ALLIANCE SEMICONDUCTOR CORP 1,043,600 130,900 AMCOL INTERNATIONAL CORP 1,176,500 AMERICA SVC GROUP INC COM 204,600 127,600 APPLIED INNOVATION INC COM 538,100 75,000 ASHWORTH INC COM 552,500 72,000 CALIFORNIA MICRO DEVIC COM 886,600 119,400 CASCADE CORP COM 316,800 39,400 COLUMBUS MCKINNON CORP-N.Y. 254,500 30,700 COMTECH TELECOMMUNICAT COM NEW 288,280 40,900 CONRAD INDS INC COM 512,000 88,000 CONSOLIDATED GRAPHICS INC 672,475 88,325 CORNELL COMPANIES INC CMN 475,000 61,300 DAVOX CORP 757,600 96,500 DITECH COMMUNICATIONS CORP 637,700 88,400 EEX CORPORATION (NEW) 1,007,600 129,200 ENNIS BUSINESS FORMS INC 1,219,100 159,000 EURONET SERVICES INC 111,600 13,600 FAMOUS DAVE'S OF AMERICA 57,800 7,100 FIRST YRS INC COM 330,600 53,000 HOOPER HOLMES INC COM 778,200 113,600 HUGOTON RTY TR TEX UNIT BEN INT 636,300 ICO INC. 44,890 INTER PARFUMS INC COM 461,950 55,500 INTERLINQ SOFTWARE CP COM 607,600 152,200 KROLL-O'GARA COMPANY 795,900 95,900 MAPICS INC COM 1,353,900 181,700 MEDQUIST INC 547,748 60,700 METRO ONE TELECOMM COM 211,800 24,800 MOBIUS MGMT SYS COM 1,277,300 199,300 NATIONAL RESEARCH CORP COM 530,600 87,000 NAVIDEC INC COM 738,300 99,000 ON-ASSIGNMENT INC 226,000 28,100 OPINION RESH CORP COM 532,800 87,489 ORPHAN MEDICAL INC 331,596 41,200 OSCA INC 243,700 30,000 PC-TEL INC CMN 971,700 133,300 PEGASUS SOLUTIONS INC CMN 741,200 101,300 PENWEST PHARMACEUTICALS CO 20,100 2,500 PINNACLE SYS INC COM 1,612,525 228,600 PLANTRONICS INC 606,100 78,700 QUALITY SYS INC COM 482,600 66,200 RADCOM LTD ORD 941,840 159,000 RANGE RESOURCES CORPORATION 1,739,100 210,400 SBE INC COM NEW 329,900 49,300 ----------------------------------------------------------------------------------------------------------------------------------- COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 ----------------------------------------------------------------------------------------------------------------------------------- VALUE SHS OR PRN SH/ PUT/ INVESTMENT NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) AMT PRN CALL DISCRETION ----------------------------------------------------------------------------------------------------------------------------------- SI TECHNOLOGIES INC COM COMMON 783978109 655 524,000 SH SOLE SOFTWARE HOLDRS TRUST Depository Rec. 83404b103 11,362 200,000 SH SOLE SOUTHWESTERN ENERGY CO COM COMMON 845467109 9,277 757,300 SH SOLE SPECTRUM CONTROL INC COMMON 847615101 5,520 926,186 SH SOLE STANCORP FINANCIAL CORP, INC. COMMON 852891100 11,848 250,000 SH SOLE TBC CORP COMMON 872180104 383 40,000 SH SOLE THE CATO CORPORATION CLASS A COMMON 149205106 13,644 698,997 SH SOLE TIMBERLINE SOFTWARE CP COM COMMON 887134104 5,686 1,104,000 SH SOLE TRICO MARINE SVCS INC COM COMMON 896106101 8,154 766,400 SH SOLE U S PHYSICAL THERAPY COM COMMON 90337l108 17,001 1,064,550 SH SOLE UNIFAB INTL INC COM COMMON 90467l100 1,777 345,000 SH SOLE UROCOR INC COM COMMON 91727p105 15,194 970,833 SH SOLE VISHAY INTERTECHNOLOGY COMMON 928298108 14,773 642,289 SH SOLE VISX INC DEL COM COMMON 92844s105 7,643 395,000 SH SOLE WEBHIRE INC COMMON 94768w104 1,099 354,440 SH SOLE ZOMAX INC COMMON 989929104 4,796 538,300 SH SOLE NABI INC SB DB CV 628716AB8 1,584 1,790,000 SH SOLE CENTRAL GARDEN & PET CO SUB NT CONV 153527ac0 7,906 10,071,000 SH SOLE AGNICO EAGLE MINES LTD SRNT CONV 008474aa6 4,920 6,000,000 SH SOLE AMERITRADE HOLDINGS CORP SUBNT CV 03072hab5 3,515 5,094,000 SH SOLE INTERNET CAP GROUP INC SR SB NTCV 46059caa4 2,380 7,000,000 SH SOLE TRANSWITCH CORP SR SB NTCV 894065ab7 5,213 7,500,000 SH SOLE E TRADE GROUP INC CONV SUB NOTE SR SB NTCV 269246ab0 1,200 2,000,000 SH SOLE VIROPHARMA INC SR SB NTCV 928241ac2 3,294 6,100,000 SH SOLE 465,234 -------------------------------------------------------------------------------- COLUMN 1 COLUMN 7 COLUMN 8 -------------------------------------------------------------------------------- VOTING AUTHORITY OTHER -------------------------- NAME OF ISSUER MGRS SOLE SHARED NONE -------------------------------------------------------------------------------- # OF EACH TYPE SI TECHNOLOGIES INC COM 524,000 SOFTWARE HOLDRS TRUST 178,300 21,700 SOUTHWESTERN ENERGY CO COM 676,500 80,800 SPECTRUM CONTROL INC 829,186 97,000 STANCORP FINANCIAL CORP, INC. 222,300 27,700 TBC CORP 35,700 4,300 THE CATO CORPORATION CLASS A 621,797 77,200 TIMBERLINE SOFTWARE CP COM 952,800 151,200 TRICO MARINE SVCS INC COM 684,100 82,300 U S PHYSICAL THERAPY COM 941,400 123,150 UNIFAB INTL INC COM 299,800 45,200 UROCOR INC COM 803,833 167,000 VISHAY INTERTECHNOLOGY 565,889 76,400 VISX INC DEL COM 351,000 44,000 WEBHIRE INC 310,460 43980 ZOMAX INC 480,700 57600 NABI INC 1,584,000 206000 CENTRAL GARDEN & PET CO 8,931,000 1140000 AGNICO EAGLE MINES LTD 5,125,000 875000 AMERITRADE HOLDINGS CORP 4,531,400 562600 INTERNET CAP GROUP INC 6,209,800 790200 TRANSWITCH CORP 6,622,200 877800 E TRADE GROUP INC CONV SUB NOTE 1,783,000 217000 VIROPHARMA INC 6,100,000