<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>
ABBOTT LABS COM 002824100 2897 63850.000SH SOLE 43850.000 20000.000
ALBEMARLE CORP. COM 012653101 361 15600.000SH SOLE 15600.000
ALLTEL CORP COM 020039103 375 5245.000 SH SOLE 5245.000
AMERICAN GENERAL CORP COM 026351106 6815 90416.000SH SOLE 59891.000 30525.000
AMERICAN HOME PRODS CP COM 026609107 1343 23400.000SH SOLE 22800.000 600.000
AMERICAN TELEPHONE & TELEG CO COM 001957109 964 17277.000SH SOLE 17277.000
AVERY DENNISON CORP COM 053611109 5692 94275.000SH SOLE 63075.000 31200.000
BERKSHIRE HATHAWAY INC COM 084670108 276 4.000 SH SOLE 4.000
BRISTOL MYERS SQUIBB CO COM 110122108 1892 26860.000SH SOLE 26060.000 800.000
BURLINGTON RES INC COM 122014103 581 13425.000SH SOLE 12875.000 550.000
CARDINAL HEALTH, INC. COM 14149Y108 883 13765.000SH SOLE 13285.000 480.000
CBS CORP COM 961402104 6040 138640.000SH SOLE 92290.000 46350.000
CHEVRON CORPORATION COM 166751107 2113 22230.000SH SOLE 22230.000
COCA COLA CO COM 191216100 446 7200.000 SH SOLE 7200.000
COLGATE PALMOLIVE CO COM 194162103 4388 44545.000SH SOLE 28945.000 15600.000
COMMONWEALTH TELEPHONE ENTERPR COM 203349105 2396 59262.000SH SOLE 36643.000 22619.000
CONAGRA INC COM 205887102 1725 64806.000SH SOLE 64806.000
COOPER TIRE & RUBR CO COM 216831107 235 9950.000 SH SOLE 9950.000
CORNING INC COM 219350105 4910 70015.000SH SOLE 52315.000 17700.000
DU PONT E I DE NEMOURS COM 263534109 2148 31450.000SH SOLE 20950.000 10500.000
ELAN CORP PLC ADR COM 284131208 1743 62820.000SH SOLE 46120.000 16700.000
EMERSON ELEC CO COM 291011104 982 15600.000SH SOLE 15600.000
ETHYL CORP COM 297659104 99 16500.000SH SOLE 16500.000
FEDERAL HOME LOAN MTG CORP COM 313400301 316 5450.000 SH SOLE 5450.000
FEDERAL NATL MTG ASSOC COM 313586109 323 4728.000 SH SOLE 4728.000
FIRST NATIONAL NEBRASKA INC COM 318626108 407 138.000 SH SOLE 138.000
GOODYEAR TIRE & RUBR COM 382550101 294 5000.000 SH SOLE 5000.000
GPU, INC. COM 370550105 460 10900.000SH SOLE 10900.000
GUIDANT CORP COM 401698105 482 9434.000 SH SOLE 9434.000
HONEYWELL INC COM 438506107 4884 42150.000SH SOLE 26625.000 15525.000
HOUGHTON MIFFLIN CO. COM 441560109 2331 49530.000SH SOLE 32530.000 17000.000
IMS HEALTH INC COM COM 449934108 4276 136845.000SH SOLE 90245.000 46600.000
JOHNSON & JOHNSON COM 478160104 206 2100.000 SH SOLE 2100.000
KIMBERLY CLARK CORP COM 494368103 399 6992.000 SH SOLE 6992.000
LEVEL 3 COMMUNICATIONS COM 493876106 5262 87611.000SH SOLE 56811.000 30800.000
LILLY ELI & CO COM 532457108 380 5312.000 SH SOLE 5312.000
LUCENT TECHNOLOGIES COM 549463107 7108 105408.000SH SOLE 72008.000 33400.000
M. A. HANNA CO COM 410522106 175 10634.000SH SOLE 10634.000
MARSH & MCLENNAN COS COM 571748102 575 7600.000 SH SOLE 7600.000
MCI WORLDCOM COM 98155K102 5273 61264.000SH SOLE 35634.000 25630.000
METROMEDIA INTERNATIONAL GROUP COM 591695101 555 74050.000SH SOLE 40850.000 33200.000
MONSANTO CO COM 611662107 2169 54825.000SH SOLE 34375.000 20450.000
MONY GROUP INC COM COM 615337102 1781 54600.000SH SOLE 46600.000 8000.000
NATIONAL DATA CORP COM COM 635621105 2488 58210.000SH SOLE 38010.000 20200.000
NISOURCE INC. COM 629140104 1480 57320.000SH SOLE 56520.000 800.000
P. H. GLATFELTER CO COM 377316104 332 22700.000SH SOLE 700.000 22000.000
PROCTER AND GAMBLE CO COM 742718109 597 6690.000 SH SOLE 6690.000
PUDGET SOUND ENERGY COM 745332106 299 12470.000SH SOLE 12470.000
RAYCHEM CORP COM 754603108 3351 90570.000SH SOLE 59870.000 30700.000
RCN CORP. COM 749361101 5628 135210.000SH SOLE 79110.000 56100.000
RELIA STAR FINANCIAL COM 75952U103 1962 44850.000SH SOLE 32450.000 12400.000
REPUBLIC N Y CORP COM 760719104 269 3950.000 SH SOLE 3950.000
REYNOLDS & REYNOLDS CO COM 761695105 881 37800.000SH SOLE 37800.000
ROYAL DUTCH PETE CO NY REG SH COM 780257705 1404 23300.000SH SOLE 23300.000
SBC COMMUNICATIONS, INC COM 78387G103 1389 23950.000SH SOLE 23950.000
SHERWIN WILLIAMS CO COM 824348106 584 21035.000SH SOLE 21035.000
SONAT INC COM 835415100 3226 97387.000SH SOLE 57387.000 40000.000
SOUTHDOWN INC COM COM 841297104 4303 66980.000SH SOLE 48188.000 18792.000
SPRINT CORP COM 852061100 8051 151910.000SH SOLE 100010.000 51900.000
SPRINT CORP PCS COM SER 1 COM 852061506 2275 39906.000SH SOLE 26781.000 13125.000
STANDARD COMMERCIAL CORP COM 853258101 127 21542.000SH SOLE 21542.000
TEXACO INC COM 881694103 3456 55405.000SH SOLE 29755.000 25650.000
TEXAS UTILITIES CO COM 882848104 356 8581.000 SH SOLE 8581.000
TIMES MIRROR CO - CLASS A COM 887364107 1814 30616.000SH SOLE 19616.000 11000.000
TIMKEN CO COM 887389104 221 11350.000SH SOLE 11350.000
TRINITY INDS INC COM 896522109 345 10292.000SH SOLE 10292.000
U S BANK CORP DEL COM 319279105 400 12000.000SH SOLE 12000.000
U S FOODSERVICE COM COM 90331R101 3579 83975.000SH SOLE 61300.000 22675.000
UNION PACIFIC CORP COM 907818108 3483 59725.000SH SOLE 34425.000 25300.000
UNION PACIFIC RESOURCES GROUP, COM 907834105 511 31343.000SH SOLE 18639.000 12704.000
VODAFONE AIRTOUCH PLC COM 92857T107 731 3711.326 SH SOLE 3711.326
WELLS FARGO CO COM 949746101 205 4800.000 SH SOLE 4800.000
WHIRLPOOL CORP COM 963320106 457 6170.000 SH SOLE 6170.000
WOLVERINE TUBE INC. COM 978093102 1309 52113.000SH SOLE 31413.000 20700.000
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