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, 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: Westcap Investors, LLC
Address: 11111 Santa Monica Blvd.
Suite 820
Los Angeles, CA 90025
13F File Number: 28-5420
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: Geoffrey I. Edelstein
Title: Managing Director
Phone: (310) 996-3234
Signature, Place, and Date of Signing:
Geoffrey I. Edelstein Los Angeles, CA AUGUST 14, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Manager Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
WESTCAP INVESTORS
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 228
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,100,633,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
<TABLE> <C> <C>
WESTCAP INVESTORS
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/00
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS COM 002824100 3382 75889 SH SOLE 75889 0 0
ACT MFG INC COM COM 000973107 728 15670 SH SOLE 15670 0 0
ACTEL CORP COM COM 004934105 426 9340 SH SOLE 9340 0 0
ADAPTEC INC COM COM 00651F108 324 14258 SH SOLE 14258 0 0
ADC TELECOMMUNICATION INC COM COM 000886101 31778 757750 SH SOLE 757750 0 0
ADT OPERATIONS 0.000% 07/06/10 CONVERTIBLE BOND 000945AC9 772 300000 PRN SOLE 300000 0 0
ADVANCED RADIO TELECOM CORP CO COM 00754U101 822 56190 SH SOLE 56190 0 0
AES CORP 4.500% 08/15/05 CONVERTIBLE BOND 00130HAN5 1113 625000 PRN SOLE 625000 0 0
AES CORP COM COM 00130H105 21531 471922 SH SOLE 471922 0 0
AGILENT TECHNOLOGIES INC COM COM 00846U101 212 2874 SH SOLE 2874 0 0
ALLEN TELECOM INC COM COM 018091108 637 35990 SH SOLE 35990 0 0
ALLERGAN INC COM 018490102 21452 287951 SH SOLE 287151 0 800
ALLSTATE CORP COM 020002101 292 13140 SH SOLE 13140 0 0
ALTERA CORP COM 021441100 443 8692 SH SOLE 8692 0 0
ALZA CORP 5.000% 05/01/06 CONVERTIBLE BOND 022615AD0 1001 635000 PRN SOLE 635000 0 0
ALZA CORP DEL CL A COM 022615108 24668 417215 SH SOLE 416215 0 1000
AMERICA ONLINE 0.000% 12/06/19 CONVERTIBLE BOND 02364JAC8 585 1175000 PRN SOLE 1175000 0 0
AMERICAN EXPRESS CO COM 025816109 584 11211 SH SOLE 11211 0 0
AMERICAN HOME PRODS CORP COM 026609107 1176 20016 SH SOLE 20016 0 0
AMERICAN INTL GROUP INC COM 026874107 44194 564176 SH SOLE 564176 0 0
AMERISOURCE HEALTH CORP CL A COM 03071P102 756 24390 SH SOLE 24390 0 0
AMGEN INC COM 031162100 1124 16000 SH SOLE 16000 0 0
ANADARKO PETROLEUM COM 032511107 395 8000 SH SOLE 8000 0 0
ANHEUSER BUSCH COS I COM 035229103 321 4300 SH SOLE 4300 0 0
ANN TAYLOR 144A 0.550% 06/18/1 CONVERTIBLE BOND 036115AA1 168 340000 PRN SOLE 340000 0 0
ANTEC CORP 4.500% 05/15/03 CONVERTIBLE BOND 03664PAB1 1057 590000 PRN SOLE 590000 0 0
APACHE CORP COM 037411105 12669 215414 SH SOLE 215414 0 0
APACHE CORP 6.500% 05/15/02 CONVERTIBLE PREF 037411600 999 19305 SH SOLE 19305 0 0
APEX INC COM COM 037548104 585 13370 SH SOLE 13370 0 0
ARCHER DANIELS MIDLAND COM 039483102 232 23649 SH SOLE 23649 0 0
ARGUSS COMMUNICATIONS INC COM COM 040282105 377 19950 SH SOLE 19950 0 0
ASSOCIATES FIRST CAPITAL CORP COM 046008108 942 42198 SH SOLE 42198 0 0
AT&T CORP COM 001957109 790 24820 SH SOLE 24820 0 0
AT&T CORP LIBERTY MEDIA CL A COM 001957208 15757 646428 SH SOLE 646428 0 0
AUTOMATIC DATA PROCESSING COM 053015103 3153 58858 SH SOLE 58858 0 0
BAKER HUGHES INC COM 057224107 22338 698730 SH SOLE 698730 0 0
BAKER HUGHES INC 0.000% 05/05/ CONVERTIBLE BOND 057224AH0 799 1025000 PRN SOLE 1025000 0 0
BANK OF AMERICA COM 060505104 1716 39557 SH SOLE 39557 0 0
BELL ATLANTIC CORP COM 077853109 1476 28969 SH SOLE 28969 0 0
BELL ATLANTIC FINL 4.250% 09/1 CONVERTIBLE BOND U0778KAD4 595 485000 PRN SOLE 485000 0 0
BENCHMARK ELECTRONIC 6.000% 08 CONVERTIBLE BOND 08160HAA9 536 500000 PRN SOLE 500000 0 0
BENCHMARK ELECTRS INC COM COM 08160H101 641 17520 SH SOLE 17520 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670108 1184 22 SH SOLE 22 0 0
BP AMOCO ADS COM 055622104 7921 139882 SH SOLE 139882 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 3815 65498 SH SOLE 65498 0 0
BROOKTROUT INC COM COM 114580103 497 22780 SH SOLE 22780 0 0
BURLINGTON RES INC COM 122014103 1533 40070 SH SOLE 40070 0 0
CAL DIVE INTL INC COM COM 127914109 944 17425 SH SOLE 17425 0 0
CARDINAL HEALTH INC COM COM 14149Y108 2895 39123 SH SOLE 39123 0 0
CATAPULT COMMUNICATIONS CORPCO COM 149016107 694 68920 SH SOLE 68920 0 0
CENTOCOR INC. 4.750% 02/15/05 CONVERTIBLE BOND 152342AE1 309 225000 PRN SOLE 225000 0 0
CHASE MANHATTAN CORPORATION COM 16161A108 660 14334 SH SOLE 14334 0 0
CHEVRON CORP COM 166751107 5019 59085 SH SOLE 59085 0 0
CHOICEPOINT INC COM COM 170388102 629 14260 SH SOLE 14260 0 0
CIBER INC COM COM 17163B102 416 31360 SH SOLE 31360 0 0
CISCO SYS INC COM 17275R102 42189 663740 SH SOLE 662540 0 1200
CITIGROUP INC. COM 172967101 29277 484410 SH SOLE 483585 0 825
CLEAR CHANNEL 2.625% 04/01/03 CONVERTIBLE BOND 184502AB8 252 190000 PRN SOLE 190000 0 0
CNF TRUST I TECONS SER A CONVERTIBLE PREF 12612V205 685 17390 SH SOLE 17390 0 0
COCA COLA CO COM 191216100 1319 22970 SH SOLE 22970 0 0
COINSTAR INC COM COM 19259P300 783 77840 SH SOLE 77840 0 0
COLGATE PALMOLIVE CO COM 194162103 1126 18800 SH SOLE 18800 0 0
COM21 INC COM COM 205937105 717 28680 SH SOLE 28680 0 0
COMMSCOPE INC. 144A 4.000% 12/ CONVERTIBLE BOND 203372AA5 283 250000 PRN SOLE 250000 0 0
COMPAQ COMPUTER CORP COM 204493100 338 13240 SH SOLE 13240 0 0
COMPUTER SCIENCES CORP COM 205363104 22420 300183 SH SOLE 299783 0 400
CONEXANT SYSTEMS 4.250% 05/01/ CONVERTIBLE BOND 207142AB6 386 175000 PRN SOLE 175000 0 0
CONMED CORP COM COM 207410101 719 27800 SH SOLE 27800 0 0
COSTCO COMPANIES 0.000% 08/19/ CONVERTIBLE BOND 22160QAC6 912 1130000 PRN SOLE 1130000 0 0
COSTCO WHOLESALE CORP COM 22160K105 15656 474416 SH SOLE 474416 0 0
COX COMMUN INC EXCH PCS 7.750% CONVERTIBLE PREF 224044503 637 5740 SH SOLE 5740 0 0
COX COMMUNICATIONS 7.000% 08/1 CONVERTIBLE PREF 224044305 990 16120 SH SOLE 16120 0 0
COX COMMUNICATIONS INC N CL A COM 224044107 8062 176943 SH SOLE 176943 0 0
CVS CORP TRACES 6.000% 05/15/0 CONVERTIBLE PREF 126645209 571 8070 SH SOLE 8070 0 0
CYPRESS SEMICONDUCTOR 4.000% 0 CONVERTIBLE BOND 232806AE9 717 600000 PRN SOLE 600000 0 0
DEERE & CO COM 244199105 218 5882 SH SOLE 5882 0 0
DENDRITE INTL INC COM COM 248239105 635 19060 SH SOLE 19060 0 0
DEVON ENERGY CORP NEW 4.950% 0 CONVERTIBLE BOND 25179MAB9 746 780000 PRN SOLE 780000 0 0
DIAMOND OFFSHORE DRIL CVT 3.75 CONVERTIBLE BOND 25271CAA0 810 790000 PRN SOLE 790000 0 0
DIEBOLD INC COM 253651103 307 11000 SH SOLE 11000 0 0
DISNEY WALT PRODTNS COM 254687106 1017 26191 SH SOLE 26191 0 0
DOLLAR GEN STRYPES TRUST 8.500 CONVERTIBLE PREF 256678103 593 16830 SH SOLE 16830 0 0
DOVER CORP COM 260003108 349 8600 SH SOLE 8600 0 0
DU PONT E I DE NEMOU COM 263534109 356 8100 SH SOLE 8100 0 0
E M C CORP MASS COM 268648102 5094 66154 SH SOLE 66154 0 0
EL PASO ENERGY CAP TR I PFD CO CONVERTIBLE PREF 283678209 1083 16830 SH SOLE 16830 0 0
EL PASO ENERGY CORP DEL COM COM 283905107 886 17390 SH SOLE 17390 0 0
ELAN FINANCE 0% 12/14/18 CONVERTIBLE BOND 284129AC7 671 920000 PRN SOLE 920000 0 0
ELAN PLC ADR COM 284131208 2804 57895 SH SOLE 57895 0 0
ELAN/ATHENA NEUROSCIENCES 4.75 CONVERTIBLE BOND 046854AB1 321 230000 PRN SOLE 230000 0 0
EMERSON ELEC CO COM 291011104 2119 35090 SH SOLE 35090 0 0
ENRON CORP COM 293561106 2241 34749 SH SOLE 34749 0 0
ERICSSON L M TEL CO ADR CL B S COM 294821400 454 22688 SH SOLE 22688 0 0
ESTEE LAUDER TRACES 6.250% 06/ CONVERTIBLE PREF 518437207 719 8505 SH SOLE 8505 0 0
EXPEDITORS INTL WASH INC COM COM 302130109 487 10250 SH SOLE 10250 0 0
EXXON MOBIL CORPORATION COM 30231G102 21099 268778 SH SOLE 268778 0 0
FEDERAL HOME LN MTG CORP COM 313400301 656 16200 SH SOLE 16200 0 0
FEDERAL NATL MTG ASSOC COM 313586109 832 15910 SH SOLE 15910 0 0
FIRST DATA CORP COM 319963104 19934 401697 SH SOLE 401697 0 0
FIRST ESSEX BANCORP COM COM 320103104 526 32980 SH SOLE 32980 0 0
FLEETBOSTON FINANCIAL CORPORAT COM 339030108 213 6250 SH SOLE 6250 0 0
FORD MTR CO DEL COM 345370100 230 5354 SH SOLE 5354 0 0
GENERAL ELEC CO COM 369604103 36417 695306 SH SOLE 691706 0 3600
GENERAL MLS INC COM 370334104 230 6000 SH SOLE 6000 0 0
GENZYME CORP 5.250% 06/01/05 CONVERTIBLE BOND 372917AF1 741 450000 PRN SOLE 450000 0 0
GENZYME TRANSGENICS CORP COM COM 37246E105 311 11450 SH SOLE 11450 0 0
GETTY IMAGES INC 5.000% 03/15/ CONVERTIBLE BOND 374276AD5 268 320000 PRN SOLE 320000 0 0
GETTY IMAGES INC COM COM 374276103 336 9070 SH SOLE 9070 0 0
GILLETTE CO COM 375766102 1180 33778 SH SOLE 33778 0 0
GLAXO WELLCOME PLC SPONSORED A COM 37733W105 249 4300 SH SOLE 4300 0 0
GLOBAL CROSSING 6.750% 04/15/1 CONVERTIBLE PREF G3921A134 572 2610 SH SOLE 2610 0 0
GTE CORP COM 362320103 24637 395768 SH SOLE 395268 0 500
GUEST SUPPLY INC COM COM 401630108 625 34380 SH SOLE 34380 0 0
GUIDANT CORP COM 401698105 1858 37536 SH SOLE 37536 0 0
GULF ISLAND FABRICATION INC CO COM 402307102 919 54050 SH SOLE 54050 0 0
HENRY JACK & ASSOC INC COM COM 426281101 834 16640 SH SOLE 16640 0 0
HEWLETT PACKARD CO COM 428236103 992 7940 SH SOLE 7940 0 0
HOME DEPOT INC COM 437076102 24579 492188 SH SOLE 485391 0 6797
HONEYWELL INTERNATIONAL, INC. COM 438516106 7424 220367 SH SOLE 220367 0 0
HOOPER HOLMES INC COM COM 439104100 448 56010 SH SOLE 56010 0 0
HOUSEHOLD INTL INC COM 441815107 207 4982 SH SOLE 4982 0 0
HSBC HOLDINGS PLC COM 404280406 240 4134 SH SOLE 4134 0 0
I B M COM 459200101 27244 248663 SH SOLE 248263 0 400
ILLINOIS TOOL WORKS COM 452308109 1320 23160 SH SOLE 23160 0 0
INGERSOLL-RAND INCOME PRIDE 6. CONVERTIBLE PREF 456867209 567 27830 SH SOLE 27830 0 0
INTEL CORP COM 458140100 36693 548940 SH SOLE 546140 0 2800
INTERPUBLIC GROUP COS IN COM 460690100 15712 365390 SH SOLE 364390 0 1000
INVESTMENT TECHNOLOGY GRP NECO COM 46145F105 601 15205 SH SOLE 15205 0 0
INVESTORS RESEARCH FUND MUTUAL FUNDS 461740102 695 156600 SH SOLE 156600 0 0
JACOR COMM INC 0.000% 02/09/18 CONVERTIBLE BOND 469858AB0 612 1035000 PRN SOLE 1035000 0 0
JEFFERIES GROUP INC NEW COM COM 472319102 584 28925 SH SOLE 28925 0 0
JOHNSON & JOHNSON COM 478160104 6822 66963 SH SOLE 66963 0 0
KIMBERLY CLARK CORP COM 494368103 241 4200 SH SOLE 4200 0 0
KONINKLIJKE PHILIPS ELECTRS AD COM 500472204 384 8096 SH SOLE 8096 0 0
LAMAR ADVERTISING CO 5.250% 09 CONVERTIBLE BOND 512815AF8 694 625000 PRN SOLE 625000 0 0
LAUDER ESTEE COS INC CL A COM 518439104 2358 47700 SH SOLE 47700 0 0
LIBERTY MEDIA 144A 4.000% 11/1 CONVERTIBLE BOND 530715AF8 574 400000 PRN SOLE 400000 0 0
LILLY ELI & CO COM 532457108 1732 17344 SH SOLE 17344 0 0
LINCOLN NATIONAL INCOME PRIDES CONVERTIBLE PREF 534187604 1393 68810 SH SOLE 68810 0 0
LSI LOGIC 4.250% 03/15/04 CONVERTIBLE BOND 502161AD4 227 65000 PRN SOLE 65000 0 0
LSI LOGIC LSI 4.000% 02/15/05 CONVERTIBLE BOND 502161AE2 456 430000 PRN SOLE 430000 0 0
LUCENT TECHNOLOGIES INC COM COM 549463107 28174 479562 SH SOLE 478362 0 1200
MCDONALDS CORP COM 580135101 2342 71112 SH SOLE 71112 0 0
MEDIAONE GROUP INC EXC VODAPHO CONVERTIBLE PREF 58440J500 805 19870 SH SOLE 19870 0 0
MERCK & CO INC COM 589331107 8552 111614 SH SOLE 111614 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 442 13670 SH SOLE 13670 0 0
MERRILL LYNCH & CO INC COM 590188108 273 2375 SH SOLE 2375 0 0
METROMEDIA FIBER NETWORK DECS CONVERTIBLE PREF 24366Q209 667 9715 SH SOLE 9715 0 0
MICROSOFT CORP COM 594918104 29560 369494 SH SOLE 369494 0 0
MIDCOAST ENERGY RES INC COM COM 59563W104 836 53099 SH SOLE 53099 0 0
MILLER HERMAN INC COM COM 600544100 285 11000 SH SOLE 11000 0 0
MINNESOTA MNG & MFG CO COM 604059105 804 9719 SH SOLE 9719 0 0
MMC NETWORKS INC COM COM 55308N102 722 13510 SH SOLE 13510 0 0
MOLEX INC COM 608554101 4735 98398 SH SOLE 98398 0 0
MOLEX INC CL A COM 608554200 353 10081 SH SOLE 10081 0 0
MORGAN ST DEAN WITTER WCOM 6.0 CONVERTIBLE PREF 617446257 1104 160549 SH SOLE 160549 0 0
MORGAN STANLEY DEAN WITTER DIS COM 617446448 808 9708 SH SOLE 9708 0 0
MOTOROLA INC COM 620076109 13660 455343 SH SOLE 455343 0 0
MOTOROLA INC 0.00% 09/27/13 CONVERTIBLE BOND 620076AJ8 627 645000 PRN SOLE 645000 0 0
NCO GROUP INC COM COM 628858102 485 20990 SH SOLE 20990 0 0
NEWFIELD EXPL CO COM COM 651290108 979 25020 SH SOLE 25020 0 0
NEWS AMER HLDGS INC LYONS 0.00 CONVERTIBLE BOND 652478AS7 834 755000 PRN SOLE 755000 0 0
NEXTEL COMMUNICATIONS 144A 5.2 CONVERTIBLE BOND 65332VAW3 208 200000 PRN SOLE 200000 0 0
NEXTEL COMMUNICATIONS INC CL A COM 65332V103 7363 120335 SH SOLE 120335 0 0
NEXTEL COMMUNICATIONS REG 5.25 CONVERTIBLE BOND 65332VAY9 370 355000 PRN SOLE 355000 0 0
NORTHERN TR CORP COM 665859104 3074 47250 SH SOLE 47250 0 0
OAK INDUSTRIES 4.875% 03/01/08 CONVERTIBLE BOND 671400AL3 1914 330000 PRN SOLE 330000 0 0
OMNICARE 5.000% 12/01/07 CONVERTIBLE BOND 681904AD0 660 970000 PRN SOLE 970000 0 0
OMNICOM 2.250% 01/06/13 CONVERTIBLE BOND 681919AG1 240 130000 PRN SOLE 130000 0 0
OMNICOM GROUP CVT BOND 4.250% CONVERTIBLE BOND 681919AE6 721 255000 PRN SOLE 255000 0 0
OPEN MKT INC COM COM 68370M100 651 47165 SH SOLE 47165 0 0
ORACLE CORP COM 68389X105 547 6510 SH SOLE 6510 0 0
ORGANOGENESIS INC COM COM 685906109 341 29825 SH SOLE 29825 0 0
PE BIOSYSTEMS GROUP COM COM 69332S102 2904 44007 SH SOLE 43407 0 600
PEPSICO INC COM 713448108 5951 133912 SH SOLE 133912 0 0
PERFORMANCE FOOD GROUP CO COM COM 713755106 846 26450 SH SOLE 26450 0 0
PFIZER INC COM 717081103 33846 705120 SH SOLE 703320 0 1800
PHILIP MORRIS COS INC COM 718154107 1074 40451 SH SOLE 40451 0 0
PITNEY BOWES INC COM 724479100 227 5680 SH SOLE 5680 0 0
PLC CAPITAL TRUST II CONVERTIBLE PREF 743674202 491 10725 SH SOLE 10725 0 0
PPG INDS INC COM 693506107 580 13100 SH SOLE 13100 0 0
PRIMUS TELECOMM GROUP INC COM COM 741929103 561 22540 SH SOLE 22540 0 0
PROCTER & GAMBLE CO COM 742718109 593 10350 SH SOLE 10350 0 0
PROSPERITY BANCSHARES INC COM COM 743606105 528 32745 SH SOLE 32745 0 0
RELIANT ENERGY INC EXCH TWX AC CONVERTIBLE PREF 442161204 865 6885 SH SOLE 6885 0 0
ROYAL DUTCH PETRO-NY SHARES COM 780257804 3001 48751 SH SOLE 48751 0 0
ROYCE FD PA MUT FD II MUTUAL FUNDS 780905832 99 11609 SH SOLE 11609 0 0
SBC COMMUNICATIONS INC COM 78387G103 1031 23839 SH SOLE 23839 0 0
SBS BROADCASTING ORD COM L8137F102 983 18030 SH SOLE 18030 0 0
SCHERING PLOUGH CORP COM 806605101 19335 382875 SH SOLE 382875 0 0
SCHLUMBERGER LTD COM 806857108 1821 24406 SH SOLE 24406 0 0
SCHWAB CHARLES CORP NEW COM 808513105 2907 86446 SH SOLE 77659 0 8787
SCI SYS INC COM COM 783890106 23981 611952 SH SOLE 611952 0 0
SCI SYSTEMS 3.000% 03/05/07 CONVERTIBLE BOND 783890AF3 739 755000 PRN SOLE 755000 0 0
SEAGRAMS ACES 7.500% 06/21/02 CONVERTIBLE PREF 811850205 790 14700 SH SOLE 14700 0 0
SEALED AIR CORP NEW PFD CONV A CONVERTIBLE PREF 81211K209 1718 33930 SH SOLE 33930 0 0
SEARS ROEBUCK & CO COM 812387108 203 6220 SH SOLE 6220 0 0
SOLECTRON CORP 0.000% 01/27/19 CONVERTIBLE BOND 834182AJ6 896 1325000 PRN SOLE 1325000 0 0
SOUTHWEST AIRLS CO COM 844741108 2763 145887 SH SOLE 145887 0 0
SPECTRALINK CORP COM COM 847580107 592 40470 SH SOLE 40470 0 0
SPRINT CORP-PCS GROUP COM SER COM 852061506 12400 208400 SH SOLE 208400 0 0
STATE STR CORP COM COM 857477103 212 2000 SH SOLE 2000 0 0
STRYKER CORP COM 863667101 875 20000 SH SOLE 20000 0 0
SUPERGEN INC COM COM 868059106 783 21610 SH SOLE 21610 0 0
SYSCO CORP COM 871829107 19246 456886 SH SOLE 456886 0 0
TARGET CORP COM 87612E106 644 22202 SH SOLE 22202 0 0
TEXAS INSTRS INC COM 882508104 19068 277608 SH SOLE 276608 0 1000
TIME WARNER INC COM 887315109 16452 216474 SH SOLE 215974 0 500
TRANSOCEAN SEDCO FOREX INC COM COM G90078109 10852 203071 SH SOLE 203071 0 0
TRW INC COM 872649108 312 7200 SH SOLE 7200 0 0
TUT SYS INC COM COM 901103101 450 7840 SH SOLE 7840 0 0
TYCO INTL LTD NEW COM COM 902124106 44894 947631 SH SOLE 947631 0 0
UNITED TECHNOLOGIES CORP COM 913017109 241 4092 SH SOLE 4092 0 0
UNUMPROVIDENT CORP COM 91529Y106 293 14600 SH SOLE 14600 0 0
USX-MARATHON GROUP COM NEW COM 902905827 213 8480 SH SOLE 8480 0 0
VALUEVISION INTL INCCL A COM 92047K107 786 32765 SH SOLE 32765 0 0
VIACOM INC-NON VTG COM 925524308 21105 309507 SH SOLE 308639 0 868
VODAFONE GROUP PLC ADR SPONSOR COM 92857T107 532 12750 SH SOLE 12750 0 0
WAL MART STORES INC COM 931142103 17693 310072 SH SOLE 310072 0 0
WALGREEN CO COM 931422109 1251 38952 SH SOLE 38952 0 0
WELLS FARGO NEW COM 949746101 3083 78540 SH SOLE 78540 0 0
WEYERHAEUSER CO COM 962166104 262 6093 SH SOLE 6093 0 0
WILLIAMS COS INC COM 969457100 25457 610663 SH SOLE 610063 0 600
WORLD WRESTLING FEDN ENTMT ICL COM 98156Q108 886 42560 SH SOLE 42560 0 0
WORLDCOM INC COM 98157D106 32844 715939 SH SOLE 714639 0 1300
WRIGLEY WM JR CO COM 982526105 473 5900 SH SOLE 5900 0 0
XETA TECHNOLOGIES COM COM 983909102 700 44890 SH SOLE 44890 0 0
ZORAN CORP COM COM 98975F101 688 10440 SH SOLE 10440 0 0
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