<TABLE>
FORM 13F INFORMATION TABLE
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T Corp. COM 001957109 6394 217676 SH SOLE 217676
Abbott Laboratories COM 002824100 13508 284017 SH SOLE 284017
Alltel Corp. COM 020039103 6867 131600 SH SOLE 131600
AmSouth Bancorporation COM 032165102 470 37632 SH SOLE 37632
American International Group, COM 026874107 7483 78203 SH SOLE 78203
American Power Conversion Corp COM 029066107 6310 328900 SH SOLE 328900
BP Amoco Plc. COM 055622104 7091 133810 SH SOLE 133810
Bank One Corp. COM 06423a103 9791 253492 SH SOLE 253492
Bank of America Corp. COM 060505104 8657 165293 SH SOLE 165293
Bristol-Myers Squibb Co. COM 110122108 5794 101430 SH SOLE 101430
Chase Manhattan Bank (New) COM 16161A108 8374 181307 SH SOLE 181307
Chubb Corp. COM 171232101 11372 143725 SH SOLE 143725
Cisco Systems, Inc. COM 17275R102 14811 268074 SH SOLE 268074
Citigroup, Inc. COM 172967101 12871 238078 SH SOLE 238078
Coca-Cola Co. COM 191216100 10114 183480 SH SOLE 183480
Computer Associates Int'l., In COM 204912109 9878 392188 SH SOLE 392188
Comverse Technology, Inc. COM 205862402 243 2254 SH SOLE 2254
ConAgra, Inc. COM 205887102 5000 249250 SH SOLE 249250
Corning, Inc. COM 219350105 13322 44858 SH SOLE 44858
Dell Computer Corp. COM 247025109 6726 218298 SH SOLE 218298
Dominion Resources, Inc. COM 25746u109 4214 72592 SH SOLE 72592
Du Pont COM 263534109 3130 75548 SH SOLE 75548
EMC Corp. COM 268648102 287 2900 SH SOLE 2900
Exxon Mobil Corp. COM 30231G102 8918 100062 SH SOLE 100062
Fannie Mae COM 313586109 11176 156315 SH SOLE 156315
Federal Signal Corp. COM 313855108 328 16528 SH SOLE 16528
First Data Corp. COM 319963104 7741 198175 SH SOLE 198175
FleetBoston Financial Corp. COM 339030108 9397 240961 SH SOLE 240961
Fluor Corp. COM 343861100 6684 222825 SH SOLE 222825
General Electric Co. COM 369604103 17682 306528 SH SOLE 306528
Gillette Co. COM 375766102 4408 142774 SH SOLE 142774
Global Marine, Inc. COM 379352404 7350 238075 SH SOLE 238075
Grainger (W.W.), Inc. COM 384802104 859 32650 SH SOLE 32650
HealthSouth Corp. COM 421924101 7080 871425 SH SOLE 871425
Hewlett-Packard Co. COM 428236103 10021 103319 SH SOLE 103319
Home Depot, Inc. COM 437076102 12494 235472 SH SOLE 235472
Household International, Inc. COM 441815107 12374 218541 SH SOLE 218541
Intel Corp. COM 458140100 14619 351747 SH SOLE 351747
Johnson & Johnson COM 478160104 11245 119712 SH SOLE 119712
Kimberly-Clark Corp. COM 494368103 5373 96276 SH SOLE 96276
Lockheed Martin Corp. COM 539830109 10501 318612 SH SOLE 318612
Lucent Technologies, Inc. COM 549463107 9250 302690 SH SOLE 302690
MGIC Investment Corp. COM 552848103 6043 98875 SH SOLE 98875
McDonald's Corp. COM 580135101 4570 151400 SH SOLE 151400
Merck & Co., Inc. COM 589331107 12322 165541 SH SOLE 165541
Milacron, Inc. COM 598709103 7491 562725 SH SOLE 562725
Minnesota Mining & Manufacturi COM 604059105 7100 77923 SH SOLE 77923
Motorola, Inc. COM 620076109 8903 315175 SH SOLE 315175
Newell Rubbermaid, Inc. COM 651229106 4020 176242 SH SOLE 176242
Nortel Networks Corp. COM 656568102 9792 164400 SH SOLE 164400
Oracle Corp. COM 68389x105 11359 144246 SH SOLE 144246
PepsiCo, Inc. COM 713448108 6422 139624 SH SOLE 139624
Qwest Communications Int'l, In COM 749121109 10328 214901 SH SOLE 214901
Royal Dutch Petroleum Co. COM 780257804 7568 126275 SH SOLE 126275
SBC Communications, Inc. COM 78387G103 9417 188341 SH SOLE 188341
Sara Lee Corp. COM 803111103 5453 268475 SH SOLE 268475
Schlumberger Ltd. COM 806857108 5776 70181 SH SOLE 70181
Southern Co. COM 842587107 9373 288964 SH SOLE 288964
Target Corp. COM 87612E106 5129 200175 SH SOLE 200175
Tellabs, Inc. COM 879664100 7952 166550 SH SOLE 166550
The Procter & Gamble Co. COM 742718109 5276 78754 SH SOLE 78754
The Walt Disney Co. COM 254687106 5604 146525 SH SOLE 146525
USX-U.S. Steel Group, Inc. COM 90337T101 301 19825 SH SOLE 19825
Verizon Communications COM 92343V104 302 6246 SH SOLE 6246
Wal-Mart Stores, Inc. COM 931142103 6193 128690 SH SOLE 128690
Weyerhaeuser Co. COM 962166104 2895 71710 SH SOLE 71710
Whirlpool Corp. COM 963320106 5131 132010 SH SOLE 132010
Xerox Corp. COM 984121103 387 25700 SH SOLE 25700
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