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 her if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Franklin Street Advisors, Inc.
Address: 6330 Quadrangle Drive
Suite 200
Chapel Hill, NC 27514
13F File Number: 28-5428
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: Carol E. Manzon
Title: Secretary/Treasurer
Phone: 919-489-2600
Signature, Place, and Date of Signing:
Carol E. Manzon Chapel Hill, NC August 15, 2000
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 AT OF 1934.
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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>
ABACAN RES CORP COMMON 002919108 10 1033700.00SH SOLE 1033700.00
ABBOTT LABORATORIES COMMON 002824100 8812 197750.00SH SOLE 197350.00
AEGON NV - AMER REG SHS COMMON 007924103 296 8302.00 SH SOLE 8302.00
AGILENT TECHNOLOGIES INC COMMON 00846u101 218 2962.49 SH SOLE 2810.49
ALCOA INC COMMON 013817101 10285 354670.00SH SOLE 354670.00 100.00
3 100.00 SH DEFINED 100.00
ALLTEL CORP COMMON 020039103 1020 16461.00 SH SOLE 16461.00
ALPHARMA INC 'A' COMMON 020813101 5055 81200.00 SH SOLE 81200.00
ALTERA CORP COMMON 021441100 265 2600.00 SH SOLE 2600.00
AMERICA ONLINE, INC. COMMON 02364J104 14787 280650.00SH SOLE 280650.00
AMERICAN EAGLE OUTFITTERS COMMON 02553e106 1050 75000.00 SH SOLE 75000.00
AMERICAN EXPRESS COMMON 025816109 12161 233299.00SH SOLE 233299.00
AMERICAN GENERAL CORP COMMON 026351106 234 3831.00 SH SOLE 3831.00
AMERICAN HOME PRODUCTS COMMON 026609107 12843 218600.00SH SOLE 218600.00
AMERICAN INTL GROUP COMMON 026874107 10582 90063.00 SH SOLE 90063.00
AMERICAN TELEPHONE & TELE COMMON 001957109 8866 280359.00SH SOLE 280359.00
AMR CORP COM COMMON 001765106 2644 100000.00SH SOLE 100000.00
ANADARKO PETROLEUM COMMON 032511107 2641 53550.00 SH SOLE 53550.00
ANCOR COMMUNICATIONS INC COMMON 03332k108 894 25000.00 SH SOLE 25000.00
APPLIED MATERIALS COMMON 038222105 9186 101365.00SH SOLE 101365.00
APPLIED THEORY CORP COMMON 03828r104 450 30000.00 SH SOLE 30000.00
ASSOCIATES FIRST CAPITAL COMMON 046008108 3867 173318.00SH SOLE 173318.00
AT & T LIBERTY MEDIA GROUP COMMON 001957208 436 17996.00 SH SOLE 17996.00
AUTOMATIC DATA PROCESSING COMMON 053015103 306 5720.00 SH SOLE 5720.00
AVAX TECHNOLOGIES INC COMMON 053495305 91 10000.00 SH SOLE 10000.00
AVERY-DENNISON COMMON 053611109 443 6600.00 SH SOLE 6600.00
AXA -SPONS ADR COMMON 054536107 14063 176750.00SH SOLE 176750.00
BAKER HUGHES INC COMMON 057224107 9189 287150.00SH SOLE 287150.00
BANK OF AMERICA CORP COMMON 060505104 1063 24716.00 SH SOLE 24716.00
BEASLEY BROADCAST GRP INC -A COMMON 074014101 1369 100500.00SH SOLE 100500.00
BELLSOUTH CORP COMMON 079860102 509 11940.00 SH SOLE 11540.00
BIOCHEM PHARMA COMMON 09058T108 726 29500.00 SH SOLE 29500.00
BIOMET COMMON 090613100 534 13900.00 SH SOLE 13900.00
BNP RESIDENTIAL PPTYS INC COMMON 05564t103 133 15833.00 SH SOLE 15833.00
BOISE CASCADE CORP COMMON 097383103 1941 75000.00 SH SOLE 75000.00
BORON LEPORE & ASSOC COMMON 10001p102 527 57000.00 SH SOLE 57000.00
BP AMOCO PLC COMMON 055622104 4573 80856.52 SH SOLE 80856.52
BRISTOL MYERS SQUIBB CO COMMON 110122108 12880 221118.00SH SOLE 220118.00
BURLINGTON INDS COMMON 121693105 42 25000.00 SH SOLE 25000.00
BURLINGTON RESOURCES COMMON 122014103 9082 237450.00SH SOLE 237450.00
C & F FINANCIAL CORP COMMON 12466Q104 275 16800.00 SH SOLE 16800.00
CAL DIVE INTL COMMON 127914109 2709 50000.00 SH SOLE 50000.00
CAPITAL ONE FINANCIAL COMMON 14040h105 3105 69590.00 SH SOLE 69590.00
CATERPILLAR INC COMMON 149123101 3388 100000.00SH SOLE 100000.00
CENDANT CORP COMMON 151313103 6720 480000.00SH SOLE 480000.00
CENTURA BANK COMMON 15640T100 2622 77249.00 SH SOLE 77249.00
CHARLES & COLVARD LTD COMMON 159765106 1400 200000.00SH SOLE 200000.00
CHASE MANHATTAN COMMON 16161A108 22528 489072.00SH SOLE 489072.00
CHEVRON CORP COMMON 166751107 6080 71687.00 SH SOLE 71687.00
CHIEFTAIN INTL INC COMMON 16867c101 953 50000.00 SH SOLE 50000.00
CINERGY CORP COMMON 172474108 2289 90000.00 SH SOLE 90000.00
CISCO SYSTEMS INC COMMON 17275r102 27805 437446.00SH SOLE 437446.00
CITIGROUP INC. COMMON 172967101 29897 496209.00SH SOLE 496209.00
COCA-COLA CO COMMON 191216100 705 12270.00 SH SOLE 12270.00
COLONIAL BANCGROUP INC COMMON 195493309 1350 150000.00SH SOLE 150000.00
COMMSCOPE INC COMMON 203372107 1230 30000.00 SH SOLE 30000.00
COMPAQ COMPUTER CORP COMMON 204493100 17950 702200.00SH SOLE 702200.00
COMPUTER SCIENCES CORP COMMON 205363104 309 4134.00 SH SOLE 4134.00
CONE MILLS COMMON 206814105 309 50000.00 SH SOLE 50000.00
CONRAD INDUSTRIES COMMON 208305102 975 150000.00SH SOLE 150000.00
COPPER MTN NETWORKS-CL A COMMON 217510106 324 3675.00 SH SOLE 3675.00
CORE LABS COMMON N22717107 1717 59200.00 SH SOLE 59200.00
CP&L ENERGY INC COMMON 12614c106 228 7131.96 SH SOLE 7131.96
CREE RESEARCH COMMON 225447101 3438 25750.00 SH SOLE 25750.00
CROSSROADS SYSTEMS INC COMMON 22765d100 758 30000.00 SH SOLE 30000.00
CYPRESS SEMI CORP COMMON 232806109 4225 100000.00SH SOLE 100000.00
DAIMLERCHRYSLER AG COMMON d1668r123 250 4797.00 SH SOLE 4797.00
DELL COMPUTER COMMON 247025109 21087 427625.00SH SOLE 427625.00 50.00
2 50.00 SH DEFINED 50.00
DELPHI AUTOMOTIVE SYSTEMS COMMON 247126105 13694 940339.00SH SOLE 940339.00
DIGITAL MICROWAVE CORP COMMON 253859102 381 10000.00 SH SOLE 10000.00
DISNEY (WALT) CO COMMON 254687106 925 23823.00 SH SOLE 23823.00
DUKE ENERGY COMMON 264399106 320 5682.00 SH SOLE 5682.00
DUKE-WEEKS REALTY CORP COMMON 264411505 774 34600.00 SH SOLE 34600.00
DUPONT COMMON 263534109 8893 203275.00SH SOLE 203275.00 50.00
2 50.00 SH DEFINED 50.00
ELTRAX SYSTEMS INC COMMON 290375104 1188 200000.00SH SOLE 200000.00
EMC CORP COMMON 268648102 23874 310298.00SH SOLE 310298.00
EMERSON ELECTRIC COMMON 291011104 1657 27438.00 SH SOLE 27438.00
ENSCO INTERNATIONAL INC COMMON 26874Q100 5693 158975.00SH SOLE 158975.00
EQUITY INCOME FUND (AT & T) COMMON 294700703 206 1183.00 SH SOLE 1183.00
ERICSSON (LM) TEL-SP ADR COMMON 294821400 944 47200.00 SH SOLE 47200.00
EXXONMOBIL CORPORATION COMMON 30231G102 20301 258608.00SH SOLE 258608.00
FANNIE MAE COMMON 313586109 3870 74160.00 SH SOLE 73660.00
FEDERATED DEPT STORES COMMON 31410H101 11580 343100.00SH SOLE 343100.00
FINISAR CORPORATION COMMON 31787a101 655 25000.00 SH SOLE 25000.00
FIRST DATA CORP COMMON 319963104 448 9034.00 SH SOLE 9034.00
FIRST FINANCIAL HLDGS INC COMMON 320239106 825 60000.00 SH SOLE 60000.00
FIRST UNION CORP COMMON 337358105 512 20632.00 SH SOLE 20632.00
FLOWERS IND COMMON 343496105 7430 372659.00SH SOLE 372659.00
FOREST OIL CORP COMMON 346091606 797 50000.00 SH SOLE 50000.00
FREDDIE MAC COMMON 313400301 515 12710.00 SH SOLE 12710.00
GABLES RESIDENTIAL TR REIT COMMON 362418105 214 8300.00 SH SOLE 8300.00
GALAXY ONLINE INC COMMON 36318d102 14 10000.00 SH SOLE 10000.00
GENERAL ELECTRIC COMMON 369604103 34873 657986.00SH SOLE 657986.00
GENERAL MLS INC COMMON 370334104 1530 40000.00 SH SOLE 40000.00
GENZYME SURGICAL PRODUCTS COMMON 372917609 352 35400.00 SH SOLE 35400.00
GEORGIA PACIFIC COMMON 373298108 973 37050.00 SH SOLE 37050.00
GILEAD COMMON 375558103 228 3200.00 SH SOLE 3200.00
GILLETTE CO COMMON 375766102 436 12484.00 SH SOLE 12484.00
GLOBAL IND COMMON 379336100 2884 152800.00SH SOLE 152800.00
GLOBAL MARINE COMMON 379352404 4245 150600.00SH SOLE 150600.00
GOODRICH (B.F.) CO COMMON 382388106 3406 100000.00SH SOLE 100000.00
GREY WOLF INC COMMON 397888108 4493 898500.00SH SOLE 898500.00
GTE CORP COMMON 362320103 257 4124.00 SH SOLE 4124.00
GUIDANT CORP COMMON 401698105 248 5000.00 SH SOLE 5000.00
GULF ISLAND FAB COMMON 402307102 850 50000.00 SH SOLE 50000.00
HALLIBURTON CO COMMON 406216101 20184 427745.00SH SOLE 427745.00
HARRIS CORP COMMON 413875105 3275 100000.00SH SOLE 100000.00
HELIX TECHNOLOGY CORP COMMON 423319102 1560 40000.00 SH SOLE 40000.00
HEWLETT-PACKARD COMMON 428236103 973 7790.00 SH SOLE 7390.00
HIBERNIA CORP CL'A COMMON 428656102 1631 150000.00SH SOLE 150000.00
HOME DEPOT COMMON 437076102 2798 56023.00 SH SOLE 56023.00
HONEYWELL INTERNATIONAL INC COMMON 438516106 15475 459360.00SH SOLE 459360.00 150.00
5 150.00 SH DEFINED 150.00
HORIZON OFFSHORE INC COMMON 44043j105 1550 100000.00SH SOLE 100000.00
HOUSEHOLD INTL INC COMMON 441815107 283 6798.00 SH SOLE 6798.00
I2 TECHNOLOGIES COMMON 465754109 746 7153.00 SH SOLE 7153.00
IBM COMMON 459200101 25873 236150.00SH SOLE 236150.00 50.00
5 50.00 SH DEFINED 50.00
INTEL CORP COMMON 458140100 36770 275047.00SH SOLE 274247.00 50.00
7 50.00 SH DEFINED 50.00
INTERNATIONAL ISOTOPES INC COMMON 45972c102 313 72500.00 SH SOLE 72500.00
JDS UNIPHASE CORP COMMON 46612j101 875 7300.00 SH SOLE 7300.00
JEFFERSON-PILOT COMMON 475070108 3390 60074.00 SH SOLE 60074.00
JOHNSON & JOHNSON COMMON 478160104 2454 24087.00 SH SOLE 24087.00
KEY ENERGY COMMON 492914106 963 100000.00SH SOLE 100000.00
KEYCORP NEW COMMON 493267108 881 50000.00 SH SOLE 50000.00
KINDER MORGAN INC COMMON 49455P101 2592 75000.00 SH SOLE 75000.00
KULICKE & SOFFA INDUSTRIES COMMON 501242101 594 10000.00 SH SOLE 10000.00
LEAR CORPORATION COMMON 521865105 2000 100000.00SH SOLE 100000.00
LOWE'S COS COMMON 548661107 16458 400798.00SH SOLE 400798.00 50.00
2 50.00 SH DEFINED 50.00
LUCENT TECH INC COMMON 549463107 23312 393458.00SH SOLE 393458.00 50.00
3 50.00 SH DEFINED 50.00
MAN(ED&F)GROUP PLC COMMON g2926x107 172 22000.00 SH SOLE 22000.00
MARSH & MCLENNAN COS INC COMMON 571748102 215 2061.00 SH SOLE 2061.00
MAVERICK TUBE COMMON 577914104 3641 125000.00SH SOLE 125000.00
MEDAREX INC COMMON 583916101 2113 25000.00 SH SOLE 25000.00
MEDTRONIC, INC COMMON 585055106 2905 58310.00 SH SOLE 58310.00
MERCK & CO COMMON 589331107 10077 131509.00SH SOLE 131509.00
MERRILL LYNCH & CO INC COMMON 590188108 21551 187400.00SH SOLE 187400.00
METTLER-TOLEDO INTERNATIONAL COMMON 592688105 2000 50000.00 SH SOLE 50000.00
MICROSOFT CORP COMMON 594918104 33430 417872.00SH SOLE 417872.00
MITCHELL ENERGY & DEVELOPMENT- COMMON 606592202 858 26700.00 SH SOLE 26700.00
MORGAN ST DEAN WITTER, DISC & COMMON 617446448 12145 145880.00SH SOLE 145880.00
MOTOROLA INC COMMON 620076109 7956 273750.00SH SOLE 273750.00
MURPHY OIL CORP COMMON 626717102 2972 50000.00 SH SOLE 50000.00
MYLAN LABORATORIES COMMON 628530107 232 12700.00 SH SOLE 12700.00
NABORS INDS COMMON 629568106 4156 100000.00SH SOLE 100000.00
NATIONAL-OILWELL INC COMMON 637071101 3541 107700.00SH SOLE 107700.00
NETRO CORP COMMON 64114r109 2008 35000.00 SH SOLE 35000.00
NETWORKS ASSOC COMMON 640938106 8272 406000.00SH SOLE 406000.00
NEWFIELD EXPLOR COMMON 651290108 783 20000.00 SH SOLE 20000.00
NEWPARK RESOURCE COMMON 651718504 1416 150000.00SH SOLE 150000.00
NOKIA COMMON 654902204 7949 159170.00SH SOLE 159120.00
NORTEL NETWORKS CORP COMMON 656568102 2007 29400.00 SH SOLE 29400.00
NORTH AM VAC COMMON 657201109 439 63900.00 SH SOLE 63900.00
NOVELLUS SYSTEMS COMMON 670008101 840 14850.00 SH SOLE 14850.00
OAKWOOD HOMES COMMON 674098108 377 208100.00SH SOLE 208100.00
OCEAN ENERGY INC COMMON 67481e106 5489 386880.00SH SOLE 386880.00
OCEANEERING INTL COMMON 675232102 2850 150000.00SH SOLE 150000.00
OSTEOTECH COMMON 688582105 904 86124.00 SH SOLE 86124.00
PANAMSAT CORP COMMON 697933109 4369 100000.00SH SOLE 100000.00
PANDA PROJECT COMMON 69833f104 51 539100.00SH SOLE 539100.00
PATTERSON ENGY COMMON 703414102 5720 200700.00SH SOLE 200700.00
PENNSYLVANIA REAL ESTATE INV T COMMON 709102107 861 50266.00 SH SOLE 50266.00
PEOPLES BANK OF BRIDGEPORT CT COMMON 710198102 441 24000.00 SH SOLE 24000.00
PEPSICO INC COMMON 713448108 565 12717.00 SH SOLE 12717.00
PFIZER INC COMMON 717081103 4899 102071.00SH SOLE 102071.00
PHARMA PROD DEV COMMON 717124101 1418 67500.00 SH SOLE 67500.00 1000.00
21 1000.00 SH DEFINED 1000.00
PHARMACEUTICAL RESOURCES COMMON 717125108 1829 348450.00SH SOLE 348450.00
PHARMACIA CORP COMMON 71713u102 200 3870.00 SH SOLE 3870.00
PHILIP MORRIS COS COMMON 718154107 272 10250.00 SH SOLE 10250.00
PHOTRONICS INC COMMON 719405102 1419 50000.00 SH SOLE 50000.00
PIONEER NATURAL RES COMMON 723787107 1280 100377.00SH SOLE 100377.00
PRIDE INTL INC COMMON 741932107 1398 56490.00 SH SOLE 56490.00
PROCTER & GAMBLE CO COMMON 742718109 374 6536.00 SH SOLE 6536.00
PROLOGIS TRUST COMMON 743410102 1206 56600.00 SH SOLE 56600.00
PROTEIN DESIGN LABS INC COMMON 74369l103 825 5000.00 SH SOLE 5000.00
PROVIDIAN FINANCIAL CORP COMMON 74406A102 999 11100.00 SH SOLE 11100.00
PSINET, INC COMMON 74437c101 558 22200.00 SH SOLE 22200.00
QLOGIC CORP COMMON 747277101 1328 20100.00 SH SOLE 20100.00
QUINTILES TRANSNAT'L COMMON 748767100 195 13800.00 SH SOLE 13800.00
R & B FALCON CORP COMMON 74912e101 1889 80180.00 SH SOLE 80180.00
RENTECH INC COMMON 760112102 1337 611000.00SH SOLE 611000.00
REPLIGEN CORP COMMON 759916109 63 10000.00 SH SOLE 10000.00
ROYAL CARIBBEAN CRUISES LTD COMMON v7780t103 1861 100600.00SH SOLE 100600.00
ROYAL DUTCH PETE CO COMMON 780257804 4473 72655.00 SH SOLE 72655.00
S1 CORPORATION COMMON 78463b101 583 25000.00 SH SOLE 25000.00
S3 INC COMMON 784849101 1844 125000.00SH SOLE 125000.00
SABRE GROUP COMMON 785905100 2060 72265.00 SH SOLE 72265.00
SANTA FE INTL COMMON g7805c108 15656 448125.00SH SOLE 447925.00
SAP AG COMMON 803054204 8110 172785.00SH SOLE 172785.00 100.00
5 100.00 SH DEFINED 100.00
SAWTEK INC COMMON 805468105 2878 50000.00 SH SOLE 50000.00
SCHERING PLOUGH CORP COMMON 806605101 432 8560.00 SH SOLE 8560.00
SCHLUMBERGER LTD COMMON 806857108 2050 27475.00 SH SOLE 26975.00
SCIOS, INC COMMON 808905103 332 59000.00 SH SOLE 59000.00
SEQUENOM INC COMMON 817337108 908 20000.00 SH SOLE 20000.00
SHAW GROUP INC COMMON 820280105 2356 50000.00 SH SOLE 50000.00
SHIRE PHARMACEUTICALS GRP COMMON g81083100 4495 259500.00SH SOLE 259500.00
SMITHFIELD FOODS COMMON 832248108 57895 2063066.00SH SOLE 2063066.00
SMITHFIELD FOODS COMMON 832248108 107875 3844083.00SH SOLE 3844083.00
SMITHKLINE BEECHAM ADS COMMON 832378301 502 7700.00 SH SOLE 7700.00
SPEEDFAM-IPEC INC COMMON 847705100 1295 71200.00 SH SOLE 71200.00
SPRINT CORP (FON GROUP) COMMON 852061100 1289 25276.00 SH SOLE 25276.00
ST MARY LAND & EXPLORATION COMMON 792228108 1052 25000.00 SH SOLE 25000.00
STANDARD & POOR'S DEP RCPTS COMMON 78462f103 1159 7975.00 SH SOLE 7975.00
SUN MICROSYSTEMS INC COMMON 866810104 696 7650.00 SH SOLE 7650.00
T ROWE PRICE ASSOC COMMON 741477103 255 6000.00 SH SOLE 6000.00
TARGET CORP COMMON 87612e106 2455 42325.00 SH SOLE 42325.00
TEREX CORP COMMON 880779103 2119 150000.00SH SOLE 150000.00
TEXAS INSTRUMENTS COMMON 882508104 18392 267760.00SH SOLE 267760.00
THE LITTLE BANK, INC COMMON 53700p106 523 55000.00 SH SOLE 55000.00
TIDEWATER INC COMMON 886423102 3600 100000.00SH SOLE 100000.00
TIME WARNER INC COMMON 887315109 530 6970.00 SH SOLE 6970.00
TMBR/SHARP DRILLING INC COMMON 87257p101 1356 123300.00SH SOLE 123300.00
TRANSOCEAN OFFSHORE INC COMMON g90076103 387 7236.36 SH SOLE 7139.36
TRIMERIS INC. COMMON 896263100 350 5000.00 SH SOLE 5000.00
TRUSTMARK CORP COMMON 898402102 1308 75000.00 SH SOLE 75000.00
TYCO INTL COMMON 902124106 23859 503613.00SH SOLE 502957.00
UNIFAB INTL COMMON 90467l100 561 68000.00 SH SOLE 68000.00
UNILEVER NV NEW YORK SHS COMMON 904784709 860 20000.00 SH SOLE 20000.00
UNIT CORP COMMON 909218109 2025 150000.00SH SOLE 150000.00
UNITED TECHNOLOGIES CORP COMMON 913017109 19991 339542.00SH SOLE 339542.00 50.00
3 50.00 SH DEFINED 50.00
VARCO INTERNATIONAL INC COMMON 922122106 1941 83500.00 SH SOLE 83500.00
VASOMEDICAL INC COMMON 922321104 71 15000.00 SH SOLE 15000.00 3000.00
14 3000.00 SH DEFINED 3000.00
VEECO INSTRUMENTS COMMON 922417100 1465 20000.00 SH SOLE 20000.00
VENTANA MEDICAL SYSTEMS COMMON 92276h106 327 13900.00 SH SOLE 13900.00
VERTEX PHARMACEUTICALS COMMON 92532f100 316 3000.00 SH SOLE 3000.00
VIRTUALFUND.COM INC COMMON 92825a107 24 10000.00 SH SOLE 10000.00
VODAFONE GROUP PLC COMMON 92857w100 12259 295833.00SH SOLE 295833.00
WACHOVIA CORP NEW COMMON 929771103 879 16210.47 SH SOLE 16210.47
WAL-MART STORES COMMON 931142103 25642 444980.00SH SOLE 444980.00
WALGREEN CO COM COMMON 931422109 381 11850.00 SH SOLE 11850.00
WATSON PHARMACEUTICALS COMMON 942683103 9622 179020.00SH SOLE 179020.00 1050.00
56 1050.00 SH DEFINED 1050.00
WINSTAR COMMUNICATIONS INC COMMON 975515107 1694 50000.00 SH SOLE 50000.00
WINSTON HOTELS INC COMMON 97563a102 1152 153600.00SH SOLE 153600.00
WORLDCOM INC COMMON 98157d106 15739 343080.00SH SOLE 343080.00
XIRCOM INC COMMON 983922105 1425 30000.00 SH SOLE 30000.00
ZYGO CORP COMMON 989855101 1816 20000.00 SH SOLE 20000.00
BRANDYWINE FD INC COM MF 10532D107 289 6022.461 SH SOLE 6022.461
CCB EQUITY FUND MF 12500e307 8033 379967.234SH SOLE 379967.234
4 174.541 SH DEFINED 174.541
DREYFUS EMERGING LEADERS FD MF 26200c502 211 5339.471 SH SOLE 5339.471
EVERGREEN SELECT CORE EQTY-IS MF 299909804 1276 15342.449SH SOLE 15342.449
FIDELITY DAILY MONEY FUND US T MF 233809706 64 64142.030SH SOLE 64142.030
JANUS WORLDWIDE FUND MF 471023309 361 4619.138 SH SOLE 4619.138
KEMPER GROWTH FUND - A MF 488410101 293 15171.356SH SOLE 15171.356
KEMPER MUNI BOND FUND - A MF 488419201 239 25086.734SH SOLE 25086.734
MFS NORTH CAROLINA MUNI BD-C MF 55273n541 163 14397.593SH SOLE 14397.593
VANGUARD INDEX TR 500 PORTFOLI MF 922908108 404 3010.397 SH SOLE 3010.397
HARBOR INTERNATIONAL FUND 411511306 308 7376.136 SH SOLE 7376.136
JANUS OVERSEAS FUND 471023846 312 8273.752 SH SOLE 8273.752
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