<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 3022 64550.000SH SOLE 44550.000 20000.000
AIR TOUCH COMMUNICATIONS COM 00949T100 580 6000.000 SH SOLE 6000.000
ALBEMARLE CORP. COM 012653101 327 15600.000SH SOLE 15600.000
ALLTEL CORP COM 020039103 327 5245.000 SH SOLE 5245.000
AMERICAN GENERAL CORP COM 026351106 6397 90741.000SH SOLE 60216.000 30525.000
AMERICAN HOME PRODS CP COM 026609107 1527 23400.000SH SOLE 22800.000 600.000
AMERICAN TELEPHONE & TELEG CO COM 001957109 939 11769.000SH SOLE 11769.000
AVERY DENNISON CORP COM 053611109 5451 94800.000SH SOLE 63600.000 31200.000
BERKSHIRE HATHAWAY INC COM 084670108 286 4.000 SH SOLE 4.000
BRISTOL MYERS SQUIBB CO COM 110122108 1722 26860.000SH SOLE 26060.000 800.000
BURLINGTON RES INC COM 122014103 536 13425.000SH SOLE 13425.000
CARDINAL HEALTH, INC. COM 14149Y108 343 5200.000 SH SOLE 5200.000
CBS CORP COM 961402104 5743 140715.000SH SOLE 94365.000 46350.000
CHEVRON CORPORATION COM 166751107 1995 22480.000SH SOLE 22480.000
COCA COLA CO COM 191216100 442 7200.000 SH SOLE 7200.000
COLGATE PALMOLIVE CO COM 194162103 4106 44630.000SH SOLE 29030.000 15600.000
COMMONWEALTH TELEPHONE ENTERPR COM 203349105 2118 57540.000SH SOLE 34921.000 22619.000
CONAGRA INC COM 205887102 732 28564.000SH SOLE 28564.000
COOPER TIRE & RUBR CO COM 216831107 215 11700.000SH SOLE 11700.000
CORNING INC COM 219350105 3727 62115.000SH SOLE 50415.000 11700.000
DU PONT E I DE NEMOURS COM 263534109 1838 31650.000SH SOLE 21150.000 10500.000
ELAN CORP PLC ADR COM 284131208 1645 23590.000SH SOLE 19240.000 4350.000
EMERSON ELEC CO COM 291011104 826 15600.000SH SOLE 15600.000
ETHYL CORP COM 297659104 72 16900.000SH SOLE 16900.000
FEDERAL HOME LOAN MTG CORP COM 313400301 312 5450.000 SH SOLE 5450.000
FEDERAL NATL MTG ASSOC COM 313586109 327 4728.000 SH SOLE 4728.000
FIRST NATIONAL NEBRASKA INC COM 318626108 411 138.000 SH SOLE 138.000
GOODYEAR TIRE & RUBR COM 382550101 249 5000.000 SH SOLE 5000.000
GPU, INC. COM 370550105 416 11150.000SH SOLE 11150.000
GUIDANT CORP COM 401698105 571 9434.000 SH SOLE 9434.000
HONEYWELL INC COM 438506107 3283 43300.000SH SOLE 27775.000 15525.000
HOUGHTON MIFFLIN CO. COM 2162 46130.000SH SOLE 29130.000 17000.000
IMS HEALTH INC COM COM 449934108 4550 137345.000SH SOLE 90745.000 46600.000
KIMBERLY CLARK CORP COM 494368103 335 6992.000 SH SOLE 6992.000
LEVEL 3 COMMUNICATIONS COM 493876106 6301 86536.000SH SOLE 55736.000 30800.000
LILLY ELI & CO COM 532457108 451 5312.000 SH SOLE 5312.000
LUCENT TECHNOLOGIES COM 549463107 5978 55354.000SH SOLE 38554.000 16800.000
M. A. HANNA CO COM 410522106 168 13134.000SH SOLE 13134.000
MARSH & MCLENNAN COS COM 571748102 564 7600.000 SH SOLE 7600.000
MCI WORLDCOM COM 98155K102 5443 61454.000SH SOLE 35824.000 25630.000
METROMEDIA INTERNATIONAL GROUP COM 591695101 347 71200.000SH SOLE 40000.000 31200.000
MONSANTO CO COM 611662107 2566 55850.000SH SOLE 35400.000 20450.000
MONY GROUP INC COM COM 1315 52850.000SH SOLE 44850.000 8000.000
NATIONAL DATA CORP COM COM 635621105 2365 56310.000SH SOLE 36110.000 20200.000
NISOURCE INC. COM 629140104 2406 89120.000SH SOLE 58320.000 30800.000
P. H. GLATFELTER CO COM 377316104 303 27100.000SH SOLE 4300.000 22800.000
PROCTER AND GAMBLE CO COM 742718109 655 6690.000 SH SOLE 6690.000
PUDGET SOUND ENERGY COM 745332106 288 12470.000SH SOLE 12470.000
RAYCHEM CORP COM 754603108 2010 89070.000SH SOLE 58370.000 30700.000
RCN CORP. COM 749361101 4390 130810.000SH SOLE 74710.000 56100.000
REYNOLDS & REYNOLDS CO COM 761695105 754 39692.000SH SOLE 39692.000
ROYAL DUTCH PETE CO NY REG SH COM 780257705 1420 27300.000SH SOLE 27300.000
SBC COMMUNICATIONS, INC COM 78387G103 1564 33150.000SH SOLE 33150.000
SHERWIN WILLIAMS CO COM 824348106 592 21035.000SH SOLE 21035.000
SONAT INC COM 835415100 2918 97262.000SH SOLE 57262.000 40000.000
SOUTHDOWN INC COM COM 841297104 3238 60304.000SH SOLE 41512.000 18792.000
SPRINT CORP COM 852061100 7724 78715.000SH SOLE 52565.000 26150.000
SPRINT CORP PCS COM SER 1 COM 1776 40081.000SH SOLE 26956.000 13125.000
TECO ENERGY INC COM 872375100 397 20000.000SH SOLE 20000.000
TEXACO INC COM 881694103 3130 55155.000SH SOLE 29455.000 25700.000
TEXAS UTILITIES CO COM 882848104 390 9281.000 SH SOLE 9281.000
TIMES MIRROR CO - CLASS A COM 887364107 2678 49470.000SH SOLE 32920.000 16550.000
TIMKEN CO COM 887389104 220 13550.000SH SOLE 13550.000
TRINITY INDS INC COM 896522109 323 10992.000SH SOLE 10992.000
U S BANK CORP DEL COM 319279105 409 12000.000SH SOLE 12000.000
U S FOODSERVICE COM COM 90331R101 3873 83300.000SH SOLE 60625.000 22675.000
UNION PACIFIC CORP COM 907818108 3197 59825.000SH SOLE 34525.000 25300.000
UNION PACIFIC RESOURCES GROUP, COM 907834105 375 31543.000SH SOLE 18839.000 12704.000
WHIRLPOOL CORP COM 963320106 335 6170.000 SH SOLE 6170.000
WOLVERINE TUBE INC. COM 978093102 1060 50163.000SH SOLE 29463.000 20700.000
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