UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F Cover Page
Report for the Calendar Year or Quarter Ended: October 26, 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: Friedman, Billings, Ramsey Investment Management Inc.
Address: 1001 19th Street North
Potomac Tower
Arlington, VA 22209
13F File Number: 28-5254
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 the 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: Nicholas J. Nichols
Title: EVP and Chief Compliance Officer
Phone: 703-312-9500
Signature, Place, and Date of Signing:
______________________ ____________________ _______________
Signature City, State Date
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 EXCHANGE ACT OF 1934
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 31,707,621
Form 13F Information Table Value Total: $502,498,000
List of Other Included Managers:
No: 13F File Number Name
01 Friedman Billings Ramsey & Co.
02 Friedman Billings Ramsey Investment management Inc.
03 FBR Fund Advisers, Inc.
04 FBR Venture Capital Managers, Inc.
Name of Issuer Title Value Prn Sh Put/ Inv Oth Sole
class Cusip X1000 Amt Prn Call Desc Mgr
Abacus Direct Corp com 002553105 1341 11000 SH sole 11000
Abbott Laboratories com 002824100 440 12000 SH sole 12000
Acadia Realty Trust com 004239109 14 2900 SH sole 2900
AFS Financial Corp. com 001063106 66 1025 SH sole 1025
Alliance BncpNEng com 01852Q109 14 1350 SH sole 1350
Alliance Gaming com 01859P609 143 18000 SH sole 18000
Altiva Financial prf 021497201 1335 296667 SH sole 296667
Altiva Financial com 021497300 408 90681 SH sole 90681
Alza Corp. com 022615108 1220 28500 SH sole 28500
AMB Financial com 01984103 164 12000 SH sole 12000
AMC Entertainment com 001669100 75 5375 SH sole 5375
American Hertg Lif com 026522102 1191 37500 SH sole 37500
American Hlth Prop com 026494104 28 1400 SH sole 1400
American Mgmt. Sys. com 027352103 3049 118830 SH sole 118830
American Tower A com 029912201 4762 242670 SH sole 242670
Ameritech com 030954101 1932 28950 SH sole 28950
Amsouth Bcorp com 032165102 633 27000 SH sole 27000
Annaly Mortgage com 035710409 17 1800 SH sole 1800
Annapolis Nat'l Banc com 035848100 145 29047 SH sole 29047
Anthracite Capital com 037023108 1087 1581846 SH sole 1581846
AOL Jan 2002 @90 cal 1E699E54 503 100 SH cal sole 100
Apartment Inv & Mgt com 03748R101 21 553 SH sole 553
Apex Mortgage com 037564101 22 1800 SH sole 1800
ASB Fin'l Corp com 00205P107 225 20000 SH sole 20000
Astoria Financial com 046265104 2998 97500 SH sole 97500
AT&T com 001957109 65 1500 SH sole 1500
AT&T-Liberty Media com 001957208 746 20000 SH sole 20000
Atlantic Gulf com 048556104 7 55000 SH sole 55000
Atlantic Richfld com 048825103 11 125 SH sole 125
Banc One com 06423A103 1044 30000 SH sole 30000
Banco Santander com 059646109 1020 60000 SH sole 60000
Bank of America com 060505104 1336 24000 SH sole 24000
Bank of New York com 064057102 3350 100175 SH sole 100175
Bank Plus Corp com 064446107 685 158750 SH sole 158750
Bank Plus Cp. 12% cb 064446AA5 215 250000 SH sole 250000
Bank United com 065412108 162 5000 SH sole 5000
Bank United Convert prf 065412306 1391 30900 SH sole 30900
BankAtlantic Bancorp com 065908501 343 61750 SH sole 61750
BankBoston Corp. com 06605R106 2258 52066 SH sole 52066
Banyan Hotel Inv com 06682N101 31 70500 SH sole 70500
Banyan Strat Rlty com 06683M102 21 4000 SH sole 4000
Bay View Capital Cp com 07262L101 66 5000 SH sole 5000
Bell Atlantic com 077853109 53 784 SH sole 784
Berkshire Hath. A com 084670108 1292 235 SH sole 235
Berkshire Hath. B com 084670207 1800 970 SH sole 970
Blount Intl-New com 095180105 46 3412 SH sole 3412
Boddie Noell Prop com 096903109 35 3500 SH sole 3500
Boston Properties com 101121101 15 500 SH sole 500
BostonFed Bcorp com 101178101 1134 75600 SH sole 75600
Bristol Myers Squibb com 110122108 648 9600 SH sole 9600
Brookdale living com 112462106 2550 177400 SH sole 177400
Brookline Bcorp com 113739106 453 44500 SH sole 44500
Building One Srvs com 120114103 2556 209686 SH sole 209686
Burke & Herbert Bk com 121331102 987 1618 SH sole 1618
Cade Industries com 127382109 70 22300 SH sole 22300
CAIS Internet Inc. com 12476Q102 181 15000 SH sole 15000
Calumet com 131386104 367 11500 SH sole 11500
Camco Financial com 132618109 193 18711 SH sole 18711
Cameron Fin'l com 133425108 505 39261 SH sole 39261
Capital Automotive com 139733109 2378 1921815 SH sole 1921815
Capital Cities ABC cb 139859AB8 217 200000 SH sole 200000
Capital Crossing Bk com 140071101 17 1160 SH sole 1160
Capstead Mgt Corp com 14067E100 32 8000 SH sole 8000
CareerBuilder Inc. com 141684100 4828 686700 SH sole 686700
Carolina Pwr & Light com 144141108 72 2038 SH sole 2038
Catellus Dev. Corp com 149111106 51 4300 SH sole 4300
Catskill Financial com 149348104 813 54000 SH sole 54000
Cendant Corp com 151313103 27 1500 SH sole 1500
Central Parking com 154785109 15 500 SH sole 500
CFS Bancorp com 12525D102 663 63500 SH sole 63500
Charter One Fin'l com 160903100 1388 60000 SH sole 60000
Chase Manhattan Cp com 16161A108 565 7500 SH sole 7500
Chastain Capital Cp com 161697107 4900 700000 SH sole 700000
Chevron Corp com 166751107 27 300 SH sole 300
Churchill Downs com 171484108 3700 160000 SH sole 160000
Cisco Systems Inc. com 17275R102 1371 20000 SH sole 20000
Citigroup com 172967101 5196 118000 SH sole 118000
CNY Financial com 12613U107 216 15000 SH sole 15000
Coastal Bancorp com 19041P105 4155 239137 SH sole 239137
Coastal Bancorp prf 19041P303 416 17500 SH sole 17500
Coca-Cola Co. com 191216100 444 9192 SH sole 9192
Cogeneration Crp Am com 19238M105 1306 54000 SH sole 54000
Cohoes Bancorp com 192513109 523 45000 SH sole 45000
Comcast Cp Sr Sb Deb cb 200300AM3 209 200000 SH sole 200000
Comerica Inc com 200340107 5569 110000 SH sole 110000
Commercial Fed com 201647104 3299 168100 SH sole 168100
Community Fed/MS com 20364Q100 70 4200 SH sole 4200
Comsat Corp. com 20564D107 0 4 SH sole 4
Cornerstone Prop com 21922H103 23 1500 SH sole 1500
Cornerstone Realty com 21922V102 45 5000 SH sole 5000
CoStar Group com 75612B107 478 20000 SH sole 20000
Country Wide Credit com 222372104 484 15000 SH sole 15000
Cresent Real Estate com 225756105 47 2600 SH sole 2600
Criimi Mae Inc. com 226603108 2 1100 SH sole 1100
Crusader Holding Cp com 228840104 21 2100 SH sole 2100
CSX Corporation com 126408102 403 9518 SH sole 9518
Dime Bancorp Inc com 25429Q102 4480 256000 SH sole 256000
Dominion Resources com 257470104 8 176 SH sole 176
Dover Downs com 260086103 6375 459440 SH sole 459440
Downey Fin'l Corp com 261018105 1509 75000 SH sole 75000
Dynex Capital Inc com 26817Q100 7 1000 SH sole 1000
Dynex Prefer P prf 26817Q209 19 1800 SH sole 1800
Eagle BancGroup com 26941T103 660 26000 SH sole 26000
Eagle USA Air com 270018104 90 3000 SH sole 3000
East/West Bank com 27579R104 3871 326000 SH sole 326000
Eastman Chem Co. com 277432100 3 70 SH sole 70
Eastman Kodak com 277461109 21 281 SH sole 281
Edify Corp com 280599101 957 76406 SH sole 76406
Engel General Dev. com M40515104 1014 579200 SH sole 579200
Entertainment Prop com 29380T105 35 2400 SH sole 2400
EQK Realty Invest com 268820107 25 100000 SH sole 100000
Equity Inns/enn com 294703103 43 5000 SH sole 5000
Excel Switching Cp com 30067V108 807 22500 SH sole 22500
Exxon Corporation com 302290101 214 2816 SH sole 2816
Fair Isaac & Co com 303250104 505 18000 SH sole 18000
Fairfax Fin'l Hldg com 303901102 150 1000 SH sole 1000
Fannie Mae com 313586109 1379 22000 SH sole 22000
FBR Asset Investment com 30241e303 1186 107800 SH sole 107800
FBR Group Inc. com 358433100 283 40775 SH sole 40775
Fed. Home Loan Mtg. com 313400301 5927 113990 SH sole 113990
Felcor Suite Hotels com 31430F101 46 2600 SH sole 2600
FFD Financial Corp. com 30243C107 124 10000 SH sole 10000
Fifth Third Banc com 316773100 852 14000 SH sole 14000
Finger Lakes Fin'l com 317948107 68 7000 SH sole 7000
First American Corp com 318900107 761 17500 SH sole 17500
First Bell Bcp com 319301107 1103 70000 SH sole 70000
First Fed Bnkshrs com 32020V100 15 1607 SH sole 1607
First Fed E Hrtfrd com 319944104 1473 50800 SH sole 50800
First Fed Fin'l Bk com 319988101 285 26500 SH sole 26500
First Keystone com 320655103 842 67000 SH sole 67000
First Place Fincl com 33610T109 1771 155700 SH sole 155700
First Secrty Fed Fin com 336392105 494 45200 SH sole 45200
First Sentinel Banc com 33646K106 785 100500 SH sole 100500
First Sierra Fincl com 335944104 1026 96000 SH sole 96000
First Svgs Bk-WA com 33748T104 263 15000 SH sole 15000
First Union Corp. com 337358105 1072 301000 SH sole 301000
First Union Real Est com 337400105 60 12000 SH sole 12000
First Wash Real com 337489504 53 2500 SH sole 2500
Firstcity com 33761X107 2 1050 SH sole 1050
Firstcity Fincl C prf 33761X305 8 1500 SH sole 1500
Firstcty Fin B Liq T prf 33762E108 141 3500 SH sole 3500
FirstFed America com 337929103 97 7600 SH sole 7600
FirstFed Fin'l Corp com 337907109 2155 124000 SH sole 124000
Fleet Fin'l Group com 338915101 586 16000 SH sole 16000
Forrest City Fin'l com 346504103 170 6956 SH sole 6956
Forte Software Inc. com 349546101 756 27500 SH sole 27500
Franchise Morgage com 35181D108 338 47400 SH sole 47400
Furon Company com 361106107 873 35000 SH sole 35000
GEICO Corp. Deb cb 361582AC3 322 300000 SH sole 300000
Gemstar Int'l Gr. com G3788V106 938 12000 SH sole 12000
General Electric com 369604103 275 2320 SH sole 2320
Georgia Pacific com 373298108 13 319 SH sole 319
Georgia Pac Timberld com 373298707 4 159 SH sole 159
Giga Info. Group com 37517M109 40 9667 SH sole 9667
Gillette com 375766102 20 600 SH sole 600
Global Crossing Ltd. com G3921A100 967 36500 SH sole 36500
Global Vacation Gp com 37937F106 49 11000 SH sole 11000
Golden State Bncorp com 381197102 2133 118900 SH sole 118900
Golden West Fin'l com 381317106 1524 15500 SH sole 15500
Golf Trust of Amer com 38168B103 38 1900 SH sole 1900
Green Street Fincl com 393415104 593 40000 SH sole 40000
Greenpoint Fincl com 395384100 133 5000 SH sole 5000
GS Fin'l com 362274102 121 11400 SH sole 11400
GSB Litigation Trck wts 381197136 16 13100 SH sole 13100
Guthrie Savings com 403458102 57 3000 SH sole 3000
Hallmark Capital com 406241109 298 29100 SH sole 29100
Hambrecht & Quist com 406545103 731 15000 SH sole 15000
Harris Savings Bk com 414541102 328 30000 SH sole 30000
HCB Bancshares Inc com 40413N106 1472 157000 SH sole 157000
HCIA Inc. com 403908106 488 47000 SH sole 47000
Health Care Propert com 421915109 53 2000 SH sole 2000
Healthcare Rlty Tr com 421946104 32 1700 SH sole 1700
HFB Financial com 40417c106 165 12165 SH sole 12165
Hibernia Corp com 428656102 3918 337050 SH sole 337050
Hingham Inst Svgs com 433323102 1503 101900 SH sole 101900
Hollywood Park com 436255103 461 30000 SH sole 30000
Home Loan Financial com 437183106 76 8206 SH sole 8206
Homestead Bancorp com 437698103 150 20000 SH sole 20000
Hospitality Prpty com 44106M102 36 1600 SH sole 1600
Host Funding com 441072105 22 8900 SH sole 8900
Host Marriott com 441078102 40 4174 SH sole 4174
HRPT Property com 40426W101 35 3100 SH sole 3100
Humphrey Hospty com 445467103 35 5000 SH sole 5000
IBM com 459200101 61 500 SH sole 500
II VI Inc. com 902104108 760 64700 SH sole 64700
iMall Inc. com 45244X306 374 20000 SH sole 20000
Imperial Crdt Com com 45272T102 1359 1236200 SH sole 1236200
Imperial Credit Ind com 452729106 1068 244050 SH sole 244050
Imper Cdt Ind Sr b1 prf n/a 1000 400000 SH sole 400000
Independence Comm com 453414104 702 58799 SH sole 58799
Innes Street Fincl com 45768F103 68 5500 SH sole 5500
Innkeepers USA com 4576J0104 64 7700 SH sole 7700
Innsuites Hsptlty com 457919108 42 16800 SH sole 16800
International Ntwrk com 460053101 544 10000 SH sole 10000
Interstate Hotel com 46088R108 16 5000 SH sole 5000
Int'l Speedway-A com 460335201 2892 55020 SH sole 55020
Int'l Speedway-B com 460335300 2198 419640 SH sole 419640
ITLA Capital Corp com 450565106 6913 468670 SH sole 468670
Jacksonville Bcorp com 469248108 1022 67000 SH sole 67000
Johnson & Johnson com 478160104 18 200 SH sole 200
KeyCorp com 493267108 8621 334000 SH sole 334000
King World Prod. com 495667107 1028 27400 SH sole 27400
Klamath First Bncp com 49842P103 1241 98258 SH sole 98258
KS Bancorp Inc. com 48266R108 348 19200 SH sole 19200
KSB Bcorp com 482667102 749 39400 SH sole 39400
Leucadica Ntl Sr Nt cb 527288AH7 51 50000 SH sole 50000
Liberte Investor com 530154103 37 10900 SH sole 10900
Liberty Bancorp com 529905101 60 10000 SH sole 10000
Life USA Holding com 531918209 237 11500 SH sole 11500
Litchfield Fincl com 536619109 241 10000 SH sole 10000
Local Financial com 539553107 3036 328200 SH sole 328200
Logansport Fin'l com 541209102 1008 103400 SH sole 103400
Long Beach Fin Corp com 542446109 1416 89200 SH sole 89200
Lucent Technologies com 549463107 117 1800 SH sole 1800
MacMillan Bloedel com 554783209 1333 85000 SH sole 85000
Malan Realty com 561063108 28 2000 SH sole 2000
Markel Corp 7.25% cb 570535AB0 394 390000 SH sole 390000
Markel Corp com 570535104 1642 90223 SH sole 90223
McDonalds Corp. com 580135101 0 10 SH sole 10
Med E American Corp com 584067102 115 5005 SH sole 5005
Medford Bcorp com 584131106 329 21400 SH sole 21400
Meditrust Co. com 58501T306 72 8500 SH sole 8500
MEGO Financial Corp com 585162100 864 209440 SH sole 209440
Mercantile Bncshrs com 587405101 179 5782 SH sole 5782
Merck & Co. Inc. com 589331107 499 7700 SH sole 7700
Meridian Point com 589949106 36 64242 SH sole 64242
Meritage Corp com 59001A102 1010 84128 SH sole 84128
Merry Land Prop com 590441101 41 7500 SH sole 7500
MFB Corp com 55272D106 296 15000 SH sole 15000
MGIC Investment com 552848103 239 5000 SH sole 5000
Miami Comp Spply com 593261100 3143 175219 SH sole 175219
Micros Systems Inc. com 594901100 1598 39450 SH sole 39450
Microsoft Corp. com 594918104 13 140 SH sole 140
Mid-America Apart com 354638108 54 2500 SH sole 2500
Midwest/Bolingbk com 59822J103 128 11500 SH sole 11500
Minn. Mining & Mfg com 604059105 23 240 SH sole 240
Morgan Finl Corp com 617339106 101 7200 SH sole 7200
Morg Stan Dean Wit com 617446448 446 5000 SH sole 5000
Mylex Corp com 628546103 1009 85000 SH sole 85000
National City Corp com 635405103 2802 105000 SH sole 105000
Nationwide Health com 638620104 57 3400 SH sole 3400
NE Penn Fin'l com 663905107 150 14500 SH sole 14500
NetGravity Inc. com 641114103 331 10000 SH sole 10000
Network Access Sol com 64120S109 4630 3495000 SH sole 3495000
North Central Bksh com 658418108 1131 68000 SH sole 68000
North Fork Bancorp. com 659424105 6104 313000 SH sole 313000
Northeast Penn com 663905107 55 5300 SH sole 5300
NorthFork Bancorp com 659424105 2213 113500 SH sole 113500
Northrim Bank com 666764105 287 30000 SH sole 30000
NS&L Bancorp com 62937R108 244 21240 SH sole 21240
Nutmeg Federal com 670608108 116 14166 SH sole 14166
NVR Inc. cb 62944TAB1 270 300000 SH sole 300000
Ocean First Fin'l com 675234108 1408 86000 SH sole 86000
Ocwen Asset Invstmt com 67574M106 180 41725 SH sole 41725
OCWEN Fed. Bank cb 67574NBM5 280 290000 SH sole 290000
Omnipoint Corp. com 68212D102 1397 25000 SH sole 25000
Oswego Cnty Bncp. com 688636109 148 14250 SH sole 14250
Outdoor Systems Inc. com 690057104 1430 40000 SH sole 40000
Ovation Inc. com 690148101 600 49463 SH sole 49463
Pacific Crest Cap com 694166109 1576 126070 SH sole 126070
Parkvale Fin'l com 701492100 1105 58150 SH sole 58150
Paychex Inc. com 704326107 341 10000 SH sole 10000
PBOC Holdings com 69316G108 122 15000 SH sole 15000
Penn Natl Gaming com 707569109 1137 1196935 SH sole 1196935
Pennfed Fin'l com 708167101 1590 106000 SH sole 106000
Peoples Bk/Bridgept com 710198102 3253 150375 SH sole 150375
Peoples Fin/OH com 71103A104 50 5250 SH sole 5250
Peoples Heritage com 711147108 1397 84000 SH sole 84000
PFF Bancorp com 69331W104 980 47500 SH sole 47500
Philip Morris Co com 718154107 308 9000 SH sole 9000
Pilgrim Capital Cp com 72142Y103 1194 42000 SH sole 42000
PNC Bank Corp com 693475105 1054 20000 SH sole 20000
Pocahontas Banc com 730234101 268 42500 SH sole 42500
Pocahontas Bancorp com 730234101 2212 350339 SH sole 350339
Pool Energy Svcs Co com 732788104 1447 58756 SH sole 58756
Precision Auto Care com 74018R105 131 72300 SH sole 72300
Prime Retail com 741570105 1940 139560 SH sole 139560
Prime Ret 10.5% A prf 741570204 1345 79100 SH sole 79100
Provident Fin Hlds com 743868101 174 10000 SH sole 10000
Proxicom Inc. com 744282104 1403 23981 SH sole 23981
PSB Bancorp com 693604100 224 36200 SH sole 36200
Pulitzer Inc. com 745769109 3843 84580 SH sole 84580
PVF Capital Corp com 693654105 243 16500 SH sole 16500
Quaker City Bcp com 74731K106 1673 97000 SH sole 97000
R&G Financial Corp com 749136107 1060 75710 SH sole 75710
Radian Group/rdn com 125662106 215 5000 SH sole 5000
Recovery Engneering com 756269106 442 12500 SH sole 12500
Redwood Financial com 757903109 130 14000 SH sole 14000
Reliance Bancorp com 759451107 640 17000 SH sole 17000
Republic New York com 760719104 184 3000 SH sole 3000
Resource America com 761195205 5945 785470 SH sole 785470
Resource Asset Inv com 761196104 3836 344775 SH sole 344775
Richmond County com 764556106 282 15000 SH sole 15000
Riggs Natl 9.65 cb 766570AC9 232 225000 SH sole 225000
Rocky Ford Fin'l com 774549109 100 10000 SH sole 10000
Roslyn Bcorp/rsln com 778162107 1267 70900 SH sole 70900
Seacoast Fincl Sv com 81170Q106 1819 181924 SH sole 181924
Security of PA fncl com 814847109 152 15000 SH sole 15000
Semele Group com 816618201 47 8700 SH sole 8700
Sequent Cmpter Syst com 817338106 945 52500 SH sole 52500
SHS Bancorp Inc. com 784238107 77 5000 SH sole 5000
SLM Holdings Corp com 78442A109 2580 60000 SH sole 60000
Smart Modular Tech. com 831690102 443 13000 SH sole 13000
Southbanc Shares com 840901102 235 10703 SH sole 10703
St. Joe Paper Co com 790148100 35 1600 SH sole 1600
St. Paul Bancorp com 792848103 229 10000 SH sole 10000
Staten Island Bcorp com 857550107 1204 64000 SH sole 64000
Storage USA com 861907103 22 800 SH sole 800
Summit Bcorp com 866005101 519 16000 SH sole 16000
Sybase com 871130100 0 10 SH sole 10
Symmetricom Inc. com 871543104 2325 310000 SH sole 310000
Sysco Corporation com 871829107 56 1600 SH sole 1600
TCF Financial com 872275102 114 4000 SH sole 4000
Telebanc Financial com 87925R109 437 19000 SH sole 19000
Texarkana Frst Finl com 881801104 406 19100 SH sole 19100
TF Financial Group com 872391107 169 11633 SH sole 11633
Thistle Group com 88431E103 64 9000 SH sole 9000
Thornburg Mtg com 885218107 18 2000 SH sole 2000
Timberland Bancorp com 887098101 206 18000 SH sole 18000
TIS Mort Inv com 872527106 23 25000 SH sole 25000
Transaction Ntwk Svc com 893414102 981 25000 SH sole 25000
Transportation Tech. com 89388T101 104 6000 SH sole 6000
U.S. West Media Grp com 912889201 25 364 SH sole 364
Union Carbide com 905581104 568 10000 SH sole 10000
Union Community com 906054101 204 17000 SH sole 17000
Union Planters Corp com 908068109 6113 150000 SH sole 150000
Unit Pay&Provide com 911319101 1145 64950 SH sole 64950
United Bankshares com 909907107 973 40000 SH sole 40000
United Community com 909839102 138 10000 SH sole 10000
Unitd Invest Rlty com 910741107 25 3500 SH sole 3500
Unitd Pay Unit Pro com 911319101 3882 220240 SH sole 220240
US Bancorp com 902973106 3773 125000 SH sole 125000
UST Corp com 902900109 2891 94000 SH sole 94000
Ventas Inc com 92276F100 29 6000 SH sole 6000
Viasoft Inc. com 92552U102 370 43000 SH sole 43000
Virginia Cap Bncs com 927758102 1160 78000 SH sole 78000
VRB Bancorp com 918281106 21 3100 SH sole 3100
Washington Fed com 938824109 1438 62000 SH sole 62000
Washington Mutual com 939322103 1268 433700 SH sole 433700
Washington RE com 939653101 11 700 SH sole 700
Webster Financial com 947890109 1211 47500 SH sole 47500
Wells Fargo com 949740104 5739 144840 SH sole 144840
WESCO Fincl Corp com 950817106 15 55 SH sole 55
Western Bancorp com 957683105 685 17743 SH sole 17743
Western Water Co com 959881103 24 15000 SH sole 15000
Westw'd Homestead com 961767100 43 4000 SH sole 4000
Winston Hotels com 97563A102 36 4000 SH sole 4000
Woronoco Savings com 981630106 729 72000 SH sole 72000
Wyndham Hotel com 703352203 47 18000 SH sole 18000
Yonkers Fin'l com 986073104 576 32700 SH sole 32700
