UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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: PALISADE CAPITAL MANAGEMENT, LLC
Address: ONE BRIDGE PLAZA, SUITE 695
FORT LEE, NEW JERSEY 07024-7502
Form 13F File Number: 28-5320
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: Steven E. Berman
Title: Member
Phone: (201) 585-7733
Signature, Place, and Date of Signing:
/s/ Steven E. Berman, Fort Lee, NJ 07024
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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-_____________________________
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
Form 13F Information Table Entry Total: 248
Form 13F Information Table Value Total: 1,944,825
(thousands)
List of Other Included Managers: NONE
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.]
No. Form 13F File Number Name
____ 28-____________
<PAGE>
PALISADE CAPITAL MANAGEMENT, L.L.C.
FORM 13F
September 30, 2000
<TABLE>
<CAPTION>
Invest- Voting Authority
ment ----------------
Title of Shares/ Discret- Other
Name of Issuer Class CUSIP Value Prn Amt tion Managers Sole None
-------------- ----- ----- ----- ------- ---- -------- ---- ----
<S> <C> <C> <C> <C> <C> <C> <C>
COMMON STOCK:
AES CORP COM 00130H105 6,759,717 98,682 SOLE 98,682
AT & T COM 001957109 2,325,942 79,181 SOLE 79,181
Abbott Labs COM 002824100 428,063 9,000 SOLE 9,000
About.Com Inc. COM 003736105 22,814,663 704,700 SOLE 635,100 69,600
Advanced Energy Industries COM 007973100 12,629,100 382,700 SOLE 343,500 39,200
Advent Software Inc. COM 007974108 6,638,125 95,000 SOLE 83,300 11,700
Aeroflex Inc. COM 007768104 32,438,953 667,125 SOLE 603,050 64,075
Affiliated Computer Services Cl A COM 008190100 30,972,575 621,004 SOLE 567,604 53,400
Alaska Communications System COM 01167P101 187,266 29,375 SOLE 29,375
Allscripts Inc. COM 019886100 272,556 19,296 SOLE 19,296
Allstate Corporation COM 020002101 1,011,225 29,100 SOLE 15,000 14,100
Alltrista Corporation COM 020040101 2,280,425 109,900 SOLE 48,200 61,700
Alpharma Inc. CL A COM 020813101 10,122,300 165,600 SOLE 145,200 20,400
Alza Corp COM 022615108 6,121,259 70,766 SOLE 70,766
America Online Inc. COM 02364J104 6,064,075 112,820 SOLE 97,424 15,396
American Home Products Corp COM 026609107 2,978,864 52,665 SOLE 52,665
American International Group Inc. COM 026874107 399,017 4,170 SOLE 4,170
American Water Works Co Inc. COM 030411102 31,082,231 1,127,700 SOLE 1,024,500 103,200
Americredit Corp COM 03060R101 3,840,706 133,300 SOLE 106,700 26,600
Amgen COM 031162100 2,409,070 34,500 SOLE 34,500
Amkor Technology Inc. COM 031652100 3,977,505 152,249 SOLE 152,249
Analog Devices Inc. COM 032654105 5,725,709 69,350 SOLE 69,350
Ann Taylor Stores Corp COM 036115103 16,544,192 430,418 SOLE 399,918 30,500
Annunity and Life RE (Hldgs) COM G03910109 274,422 11,375 SOLE 11,375
Apache Corp COM 037411105 5,350,458 90,494 SOLE 90,494
Arrow Electronics Inc COM 042735100 5,071,906 148,900 SOLE 142,400 6,500
Audible, Inc. COM 05069A104 57,891 48,750 SOLE 48,750
Avid Technology Inc. COM 05367P100 196,700 14,050 SOLE 14,050
BEA Systems Inc. COM 073325102 12,136,352 155,844 SOLE 155,844
Baldor Electric Co. COM 057741100 731,250 36,000 SOLE 36,000
Ball Corp. COM 058498106 17,871,750 564,000 SOLE 516,200 47,800
Beckman Coulter Inc. COM 075811109 32,361,650 419,600 SOLE 381,400 38,200
Bell & Howell Co. COM 077852101 1,203,125 55,000 SOLE 55,000
Bestfoods COM 08658U101 465,600 6,400 SOLE 6,400
Bindview Development Corporation COM 090327107 7,996,588 1,057,400 SOLE 925,800 131,600
BioCryst Pharmaceuticals Inc. COM 09058V103 3,746,250 180,000 SOLE 156,500 23,500
Bisys Group Inc. COM 055472104 32,919,663 425,800 SOLE 386,900 38,900
Bristol Myers Squibb Co. COM 110122108 1,820,460 31,868 SOLE 31,868
CKE Restaurants Inc. COM 12561e105 306,250 100,000 SOLE 100,000
CV Therapeutics Inc. COM 126667104 15,965,535 205,262 SOLE 192,762 12,500
CVS Corporation COM 126650100 6,030,629 130,216 SOLE 130,216
Calpine Corp. COM 131347106 7,589,837 72,717 SOLE 72,717
Caremark Rx, Inc. COM 141705103 32,160,803 2,858,738 SOLE 2,687,238 171,500
Casino Data Systems COM 147583108 245,000 35,000 SOLE 35,000
Chase Manhattan Corp COM 16161A108 15,566,111 337,020 SOLE 251,266 85,754
Chemed Corp COM 163596109 314,944 9,900 SOLE 9,900
Chevron Corp COM 166751107 7,021,957 82,369 SOLE 80,969 1,400
Cisco Systems Inc COM 17275R102 387,855 7,020 SOLE 7,020
Citigroup Inc. COM 172967101 5,192,487 96,046 SOLE 33,333 62,713
Clear Channel Communications COM 184502102 3,947,147 69,861 SOLE 69,861
Coastal Corp COM 190441105 222,375 3,000 SOLE 3,000
Cognos Inc. COM 19244C109 12,705,850 311,800 SOLE 271,500 40,300
Colonial Properties Trust COM 195872106 12,163,031 473,500 SOLE 432,400 41,100
Comcast Corp -Special CL A COM 200300200 2,973,209 72,628 SOLE 72,628
Comdisco Inc COM 200336105 23,216,219 1,217,900 SOLE 1,106,700 111,200
Commerce Bancorp Inc.- NJ COM 200519106 16,590,478 285,121 SOLE 258,913 26,208
Commscope Inc. COM 203372107 14,602,245 596,010 SOLE 543,985 52,025
Concord Camera Corp COM 206156101 222,938 8,700 SOLE 8,700
Cooper Companies Inc COM 216648402 23,925,881 676,350 SOLE 619,200 57,150
Cor Therapeutics Inc COM 217753102 6,206,325 99,600 SOLE 87,200 12,400
Corn Products International Inc. COM 219023108 361,725 15,900 SOLE 15,900
Credence Systems Corp COM 225302108 11,163,000 372,100 SOLE 336,200 35,900
Cryptologic Inc. COM 228906103 1,031,938 79,000 SOLE 70,000 9,000
Cullen Frost Bankers Inc. COM 229899109 15,063,750 463,500 SOLE 397,900 65,600
Cypress Semiconductor Corp COM 232806109 5,934,003 142,773 SOLE 142,773
DRS Technologies Inc.(Prospectus) COM 23330X100 10,855,390 668,024 SOLE 595,600 72,424
Dendreon Corp COM 24823Q107 8,985,623 381,100 SOLE 344,100 37,000
Devon Energy Corp (New) COM 25179M103 13,692,426 227,638 SOLE 227,638
Diamond Offshore Drilling COM 25271C102 7,445,600 181,600 SOLE 181,600
Digene Corporation COM 253752109 10,130,400 281,400 SOLE 247,600 33,800
Disney,Walt Company COM 254687106 1,875,436 49,031 SOLE 49,031
Doral Financial Corp COM 25811P100 355,316 21,950 SOLE 21,950
E-Town Corp. COM 269242103 588,500 8,800 SOLE 8,800
ELoyalty Corporation COM 290151109 6,712,875 526,500 SOLE 461,000 65,500
EOG Resources Inc. COM 26875P101 5,894,111 151,617 SOLE 151,617
Earthgrains Company COM 270319106 31,542,875 1,710,800 SOLE 1,568,800 142,000
Echostar Communications Corp -CL A COM 278762109 13,297,748 252,090 SOLE 252,090
Eli Lilly & Company COM 532457108 1,062,738 13,100 SOLE 13,100
Emerson Electric Co COM 291011104 5,386,800 80,400 SOLE 80,400
Enzon Inc. COM 293904108 5,365,800 81,300 SOLE 71,300 10,000
Equity Office Properties Trust COM 294741103 5,533,784 178,150 SOLE 178,150
Equity Residential Properties Tr COM 29476L107 5,857,728 122,036 SOLE 122,036
Ericsson L.M. Tel Co CL B Ser 10 ADR COM 294821400 346,613 23,400 SOLE 23,400
Everest RE Group, Ltd. COM G3223R108 30,719,700 620,600 SOLE 571,200 49,400
Exxon Mobil Corp. COM 30231G102 1,053,190 11,817 SOLE 11,817
F Y I Inc. COM 302712104 6,989,125 187,000 SOLE 169,100 17,900
Fannie Mae COM 313586109 200,915 2,810 SOLE 2,810
First Industrial Realty Trust COM 32054K103 18,471,525 600,700 SOLE 541,900 58,800
Freerealtime.com Inc. COM 356870105 40,313 10,000 SOLE 10,000
Gables Residential Trust COM 362418105 13,082,625 481,200 SOLE 437,500 43,700
Genentech Inc COM 368710406 11,918,352 64,185 SOLE 64,185
General Electric Co. COM 369604103 726,863 12,600 SOLE 12,600
General Motors Corp Class H COM 370442832 3,962,161 106,567 SOLE 106,567
General Semiconductor COM 370787103 25,456,080 2,088,704 SOLE 1,935,304 153,400
Gentex Corp COM 371901109 306,250 12,250 SOLE 12,250
Gillette Co COM 375766102 450,775 14,600 SOLE 14,600
Glenayre Technologies Inc COM 377899109 14,141,850 1,300,400 SOLE 1,171,200 129,200
Global Crossing Ltd. COM G3921A100 9,247,114 298,294 SOLE 243,054 55,240
Golden State Bancorp COM 381197102 37,273,163 1,577,700 SOLE 1,449,000 128,700
Grant Prideco Inc COM 38821g101 20,022,356 912,700 SOLE 841,000 71,700
Great Lakes REIT Inc. COM 390752103 3,949,338 227,300 SOLE 227,300
HCA-The Healthcare Company COM 404119109 1,802,419 48,550 SOLE 30,000 18,550
Handleman Co Dell Com COM 410252100 23,967,900 1,936,800 SOLE 1,702,000 234,800
Harrahs Entertainment COM 413619107 489,500 17,800 SOLE 17,800
Henry Schein Inc COM 806407102 14,073,881 705,900 SOLE 644,000 61,900
Herley Inds Inc COM 427398102 1,277,306 56,300 SOLE 56,300
Hewlett-Packard Co COM 428236103 11,052,568 113,944 SOLE 113,944
Holt's Cigar Holding Inc. COM 436598106 1,447,576 413,593 SOLE 302,103 111,490
Honeywell International Inc. COM 438516106 1,710,000 48,000 SOLE 48,000
Hooper Holmes Inc. COM 439104100 228,240 24,000 SOLE 24,000
Houghton Mifflin COM 441560109 903,731 23,025 SOLE 23,025
Idacorp Inc. COM 451107106 1,151,625 24,900 SOLE 24,900
Indymac Bancorp Inc. COM 456607100 26,634,606 1,295,300 SOLE 1,175,000 120,300
Inhale Therapeutic Systems COM 457191104 8,230,976 146,004 SOLE 146,004
Insituform Technologies Inc. Cl A COM 457667103 2,858,125 85,000 SOLE 80,000 5,000
Intel Corp COM 458140100 307,563 7,400 SOLE 7,400
International Paper Co. COM 460146103 1,726,500 60,183 SOLE 60,183
International Rectifier Corp COM 460254105 5,805,733 114,965 SOLE 114,965
Intertan Inc. COM 461120107 46,012,313 3,187,000 SOLE 2,923,500 263,500
Intl Business Machines Corp COM 459200101 5,076,900 45,128 SOLE 45,128
Investment Technology Group COM 46145F105 13,107,488 328,200 SOLE 290,900 37,300
Investors Financial Services COM 461915100 280,906 4,450 SOLE 4,450
Invitrogen Corp COM 46185R100 6,886,963 96,829 SOLE 96,829
Iron Mountain Inc. COM 462846106 46,073,954 1,245,242 SOLE 1,122,680 122,562
Jackpot Enterprises Inc. COM 466392107 760,663 80,600 SOLE 80,600
John Wiley & Sons Inc. CL A COM 968223206 668,055 29,125 SOLE 29,125
Johnson and Johnson COM 478160104 6,815,072 72,549 SOLE 58,374 14,175
Juniper Networks COM 48203r104 15,229,074 69,559 SOLE 69,559
Kaydon Corp COM 486587108 500,250 21,750 SOLE 21,750
Kerr McGee Corp COM 492386107 8,537,439 128,867 SOLE 128,867
Kirby Corp COM 497266106 1,944,838 99,100 SOLE 99,100
Korn/Ferry International COM 500643200 602,164 15,925 SOLE 3,000 12,925
L-3 Communications Corp COM 502424104 13,458,300 238,200 SOLE 216,000 22,200
LTX Corporation COM 502392103 18,518,981 977,900 SOLE 869,900 108,000
Lam Research Corp COM 512807108 3,946,342 188,482 SOLE 188,482
LanVision Systems Inc. COM 516555109 95,000 80,000 SOLE 80,000
Lattice Semiconductor Corp COM 518415104 4,708,231 87,595 SOLE 87,595
Level 3 Communications Inc COM 52729N100 9,014,293 116,879 SOLE 116,814 65
Liberty Property Trust. COM 531172104 540,375 19,650 SOLE 19,650
Loews Corp. COM 540424108 1,409,038 16,900 SOLE 15,000 1,900
Louis Dreyfus Natural Gas Corp COM 546011107 24,943,938 629,500 SOLE 572,600 56,900
MKS Instruments Inc. COM 55306N104 10,032,938 366,500 SOLE 327,900 38,600
Mack - Cali Realty Corp COM 554489104 2,573,519 91,300 SOLE 91,300
Mango Software Inc. COM 562716100 27,901,250 5,525,000 SOLE 5,525,000
Martin Marietta Materials Inc. COM 573284106 373,230 9,750 SOLE 9,750
McDonalds Corp COM 580135101 1,267,634 41,992 SOLE 41,992
McKesson HBOC Inc. COM 58155Q103 9,021,928 295,196 SOLE 295,196
McNaughton Apparel Group Inc COM 582524104 1,637,500 100,000 SOLE 100,000
Measurement Specialities Inc. COM 583421102 723,750 15,000 SOLE 15,000
Merck & Co COM 589331107 373,676 5,020 SOLE 5,020
MetLife Inc. COM 59156R108 19,062,196 727,912 SOLE 727,912
Microcell Telecommunications, Inc. COM 59501T304 13,461,750 463,200 SOLE 421,100 42,100
Microsoft Corp COM 594918104 2,870,935 47,601 SOLE 47,601
Mid Atlantic Realty Trust COM 595232109 14,750,186 1,248,693 SOLE 1,093,894 154,799
Morgan Stanley Dean Witter Discover Co COM 617446448 313,448 3,428 SOLE 3,428
NSTAR COM 67019E107 2,547,825 63,300 SOLE 63,300
Netiq Corporation COM 64115P102 16,986,788 258,600 SOLE 226,500 32,100
Network Equipment Technologies COM 641208103 427,500 40,000 SOLE 40,000
New Horizons Worldwide Inc. COM 645526104 506,244 42,187 SOLE 35,000 7,187
Newsedge Corp. COM 65249q106 49,125 26,200 SOLE 26,200
Nextel Communications Inc. CL A COM 65332V103 7,098,099 151,831 SOLE 151,831
Noble Affiliates Inc. COM 654894104 19,264,163 518,900 SOLE 477,200 41,700
North Fork Bancorporation Inc. COM 659424105 760,119 35,150 SOLE 35,150
Nova Corporation COM 669784100 32,405,638 1,892,300 SOLE 1,590,450 301,850
Oak Technology Inc. COM 671802106 11,752,088 429,300 SOLE 375,900 53,400
Opticare Health Systems Inc. COM 68386P105 1,375,000 2,000,000 SOLE 2,000,000
Oshkosh Truck Corporation COM 688239201 18,871,250 487,000 SOLE 455,300 31,700
Oxford Health Plans COM 691471106 12,807,014 416,700 SOLE 378,900 37,800
Parkway Properties Inc. COM 70159Q104 789,950 25,900 SOLE 25,900
PartnerRe Ltd. COM G6852T105 5,502,750 116,000 SOLE 105,400 10,600
Pegasus Communications Corporation COM 705904100 3,764,607 77,922 SOLE 77,922
Pemstar Inc. COM 706552106 19,128,375 971,600 SOLE 882,900 88,700
Penn Treaty American Corp COM 707874103 5,888,985 323,793 SOLE 301,953 21,840
Penton Media Inc. COM 709668107 559,625 20,350 SOLE 2,800 17,550
Pfizer Corp. COM 717081103 1,834,124 40,815 SOLE 40,815
Pharmacia Corp. COM 71713U102 749,033 12,445 SOLE 12,445
Philadelphia Suburban Corp COM 718009608 7,000,886 301,925 SOLE 260,421 41,504
Piedmont Natural Gas Co. Inc. COM 720186105 2,299,938 75,100 SOLE 75,100
Potomac Electric Power COM 737679100 340,031 13,500 SOLE 13,500
Pricesmart Inc. COM 741511109 579,375 15,000 SOLE 15,000
Printronix Inc COM 742578107 166,286 17,475 SOLE 17,475
Progressive Corp - Ohio COM 743315103 1,228,125 15,000 SOLE 15,000
Providian Financial Corp COM 74406A102 5,060,315 39,845 SOLE 39,845
Purchasesoft Inc COM 746145101 55,922 17,895 SOLE 17,895
Quantum Corp - Hard Disk Drive COM 747906303 15,596,409 1,569,450 SOLE 1,351,400 218,050
Qwest Communications International Inc. COM 749121109 1,809,890 37,657 SOLE 37,657
Rational Software Corp COM 75409p202 9,364,446 134,983 SOLE 132,983 2,000
Readers Digest Association Inc CL A COM 755267101 18,837,806 533,460 SOLE 426,560 106,900
Reckson Assoc Realty Corp COM 75621K106 4,566,081 179,062 SOLE 179,062
Redback Networks Inc. COM 757209101 5,159,112 31,458 SOLE 31,458
Register.Com Inc. COM 75914G101 12,625,491 1,328,999 SOLE 1,328,999
Rent Way Inc. COM 76009u104 353,869 11,650 SOLE 11,650
Research In Motion COM 760975102 10,962,614 111,225 SOLE 91,100 20,125
S3 Inc. COM 784849101 201,609 19,550 SOLE 19,550
SBS Technologies COM 78387p103 5,004,563 215,250 SOLE 183,200 32,050
SCI Systems COM 783890106 6,689,929 163,169 SOLE 163,169
Schering - Plough Corp COM 806605101 926,280 19,920 SOLE 19,920
Schlumberger Ltd COM 806857108 343,655 4,175 SOLE 4,175
School Specialty Inc COM 807863105 27,478,206 1,289,300 SOLE 1,171,300 118,000
Schwab Charles Corp COM 808513105 2,417,550 68,100 SOLE 68,100
Seagram Co Ltd COM 811850106 5,322,274 92,662 SOLE 92,662
Sealed Air Corp COM 81211K100 5,243,661 115,882 SOLE 115,882
Semco Energy Inc. COM 78412D109 384,375 25,000 SOLE 25,000
Silicon Graphics Inc. COM 827056102 412,500 100,000 SOLE 100,000
Silicon Storage Technology COM 827057100 311,977 11,475 SOLE 11,475
Simon Property Group Inc. COM 828806109 2,130,469 90,900 SOLE 90,900
Sizeler Property Invs. COM 830137105 3,306,963 433,700 SOLE 425,200 8,500
Smithfield Foods Inc COM 832248108 20,304,375 773,500 SOLE 709,200 64,300
Smucker J.M. Company COM 832696306 5,210,169 214,300 SOLE 197,900 16,400
Solectron Corp COM 834182107 19,943,666 432,383 SOLE 432,383
Southern Energy Inc. COM 842816100 5,396,531 172,001 SOLE 172,001
Sprint Corp PCS Ser 1 COM 852061506 6,083,028 173,491 SOLE 173,491
Stamps.com Inc. COM 852857101 384,375 100,000 SOLE 100,000
Suiza Foods Corp COM 865077101 19,600,248 386,688 SOLE 363,188 23,500
Summit Bancorp COM 866005101 5,929,688 171,875 SOLE 171,875
Survivalink Corp COM 869032102 97,356 32,452 SOLE 32,452
TXU Corporation COM 873168108 4,889,368 123,391 SOLE 123,391
TeleTech Holdings Inc. COM 879939106 10,840,500 438,000 SOLE 383,550 54,450
Teledyne Technologies Inc. COM 879360105 11,550,975 396,600 SOLE 360,400 36,200
Time Warner Inc. COM 887315109 11,770,991 150,428 SOLE 99,000 51,428
Tosco Corp COM 891490302 7,816,149 250,618 SOLE 250,618
TransOcean Sedco Forex Inc. COM G90078109 4,392,068 74,918 SOLE 74,918
Trenwick Group Ltd. COM G9032C109 3,573,900 188,100 SOLE 188,100
Triad Hospital Inc. COM 89579K109 31,163,938 1,060,900 SOLE 975,500 85,400
Triple P NV COM N88795104 55,875 44,700 SOLE 44,700
Union Pacific Corp COM 907818108 6,031,612 155,154 SOLE 155,154
United Parcel Service CL B COM 911312106 5,913,174 104,890 SOLE 104,890
United Technologies Corp COM 913017109 348,189 5,028 SOLE 5,028
Universal Health Services Inc CL B COM 913903100 29,897,596 349,169 SOLE 322,769 26,400
Varian Medical Systems COM 92220P105 29,087,194 643,700 SOLE 534,400 109,300
Ventiv Health COM 922793104 248,713 19,700 SOLE 19,700
Vertex Pharmaceuticals Inc. COM 92532F100 6,287,138 74,404 SOLE 74,404
Viacom Inc CL B COM 925524308 3,894,696 66,576 SOLE 66,576
Vitesse Semiconductor Corp COM 928497106 4,605,806 51,787 SOLE 51,787
Vodafone Group PLC New COM 92857W100 2,456,800 66,400 SOLE 66,400
Vornado Realty Trust COM 929042109 2,461,388 66,300 SOLE 66,300
Wal-Mart Stores Inc COM 931142103 447,563 9,300 SOLE 9,300
Washington Mutual Inc. COM 939322103 927,631 23,300 SOLE 23,300
Weatherford International Inc. COM 947074100 3,962,837 92,159 SOLE 92,159
Wellpoint Health Networks CLass A COM 94973H108 4,698,048 48,938 SOLE 48,938
Wells Fargo Company COM 949746101 597,188 13,000 SOLE 13,000
Wendys Intl Inc COM 950590109 7,163,456 357,057 SOLE 357,057
Whirlpool Corp COM 963320106 1,271,213 32,700 SOLE 32,700
Williams Communications Group Inc. CL A COM 969455104 500,000 25,000 SOLE 25,000
Williams Cos Inc COM 969457100 3,320,850 78,600 SOLE 78,600
Worldcom Inc. COM 98157D106 315,353 10,382 SOLE 10,382
Zebra Technologies Corp CL A COM 989207105 317,693 6,610 SOLE 6,610
Zixit Corporation COM 98974P100 305,000 10,000 SOLE 10,000
-------------
Subtotal: 1,944,754,571
WARRANTS:
Warrants Insignia Financial Group Inc. WTS 45767A113 70,440 70,440 SOLE 70,440
-------------
GRAND TOTAL: 1,944,825,011
-------------
</TABLE>
