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, 1999
Check her is Amendment [ x ]; Amendment Number:
This Amendment (Check only one.): [ x ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manger Filing this Report:
Name: Vaughan Nelson Scarborough & McCullough, LP
Address: 6300 Chase Tower
Houston, Texas 77002
13F File Number: 28-5840
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, tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lee A. Lahourcade
Title: President
Phone: 713-224-2545
Signature, Place and Date of Signing:
Houston, Texas October 26, 1999
Report Type (Check only one.):
[ x] 13F Holdings Report.
[ ] 13F Notice
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manager:
1. MetLife New England Holdings, Inc. 28-5952
2. Metropolitan Life Insurance Co. 28-3714
3. New England Investment Companies, LP 28-1447
I am signing this report as required by the Securities and Exchange Act of 1934.
<TABLE> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
Title Investment Voting
of Value Discretion Shared Authority
Security Class CUSIP (x$1000) QuantitySole (AShare(Other (ManageSole (A)ShareNone(C)
COMMON STOCK
3COM CORP COM COM 88553510 494 17200 172001,2 an 17200
ABBOTT LABS COM 00282410 15914 433765 4337651,2 an 410765 23000
ABOUT COM INC COM COM 00373610 650 11500 115001,2 an 11500
ADFORCE INC COM COM 00686710 685 27000 270001,2 an 27000
ALCATEL ALSTHOM SPONSCOM 01390430 971 35000 350001,2 an 35000
ALLIEDSIGNAL INC COM 01951210 32146 536330 5363301,2 an 436490 99840
AMAZON COM INC COM COM 02313510 1567 19600 196001,2 an 19600
AMERICA ONLINE INC DECOM 02364J10 14429 138655 1386551,2 an 113755 24900
AMERICAN EXPRESS CO CCOM 02581610 21657 160425 1604251,2 an 134175 26250
AMERICAN GENERAL CORPCOM 02635110 35317 558364 5583641,2 an 462496 95868
AMERICAN HOME PRODS CCOM 02660910 647 15595 155951,2 an 10195 5400
AMERICAN INTL GROUP COM 02687410 53881 619764 6197641,2 an 506392 113372
AMERITECH CORP NEW COM 03095410 694 10400 104001,2 an 10400
AMERITRADE HLDG CORP COM 03072H10 551 30000 300001,2 an 30000
AMFM INC COM COM 00169310 729 12000 120001,2 an 12000
AMGEN INC COM 03116210 3007 36900 369001,2 an 36900
APPLIED MATLS INC COMCOM 03822210 847 10900 109001,2 an 10900
ARIBA INC COM COM 04033V10 636 4400 44001,2 an 4400
ASK JEEVES INC COM COM 04517410 559 16200 162001,2 an 16200
ASM LITHOGRAPHY HLDG COM N0705911 671 10000 100001,2 an 10000
ASSOCIATES FIRST CAP COM 04600810 18121 503368 5033681,2 an 409650 93718
AT HOME CORP COM SER COM 04591910 1376 33200 332001,2 an 33200
AT&T COM 00195710 2419 55610 556101,2 an 48730 6880
AT&T CORP COM LIB GRPCOM 00195720 746 20000 200001,2 an 20000
AVERY DENNISON COM 05361110 3898 73900 739001,2 an 45500 28400
BAAN CO NV COM COM N0804410 1224 84400 844001,2 an 84400
BANC ONE CORP COM 06423A10 3176 91234 912341,2 an 82998 8236
BANK NEW YORK INC COMCOM 06405710 876 26200 262001,2 an 26200
BANK OF AMERICA CORPOCOM 06050510 4155 74617 746171,2 an 59063 15554
BAXTER INTERNATIONAL COM 07181310 21446 355950 3559501,2 an 301950 54000
BELL ATLANTIC CORP COM 07785310 2986 44365 443651,2 an 39383 4982
BEYOND.COM CORPORATIOCOM 08860E10 312 25500 255001,2 an 25500
BMC SOFTWARE INC COM COM 05592110 2633 36800 368001,2 an 36800
BOEING CO COM COM 09702310 897 21045 210451,2 an 16025 5020
BP AMOCO P L C SPONSOCOM 05562210 9316 84072 840721,2 an 81149 2923
BRISTOL MYERS COM 11012210 20073 297375 2973751,2 an 257075 40300
BRITISH SKY BROADCSTNCOM 11101310 687 12000 120001,2 an 12000
BROADCOM CORP CL A COM 11132010 1515 13900 139001,2 an 13900
BROWN FORMAN CORP CL COM 11563720 2751 44100 441001,2 an 39900 4200
CABLE & WIRELESS PLC COM 12683020 331 10000 100001,2 an 10000
CALPINE CORP COM COM 13134710 247 2900 29001,2 an 2900
CBT GROUP PUB LTD SPOCOM 12485310 872 35400 354001,2 an 35400
CENTRAL EUROPEAN MEDICOM G2004510 115 73500 735001,2 an 73500
CHASE MANHATTAN NEW CCOM 16161A10 30212 400825 4008251,2 an 358225 42600
CHEVRON CORPORATION COM 16675110 596 6714 67141,2 an 6714
CHINA COM CORP COM COM G2108N10 1982 30500 305001,2 an 30500
CHUBB CORP COM COM 17123210 2002 40341 403411,2 an 40341
CISCO SYS INC COM 17275R10 35396 516257 5162571,2 an 410093 106164
CITIGROUP INC COM COM 17296710 42173 958469 9584691,2 an 774420 184049
CITRIX SYS INC COM COM 17737610 941 15200 152001,2 an 15200
CLOROX CO DEL COM COM 18905410 632 16520 165201,2 an 0 16520
CMGI INC COM COM 12575010 1025 10000 100001,2 an 10000
COCA COLA COM 19121610 23065 478032 4780321,2 an 359512 118520
COLGATE PALM. COM 19416210 2132 46600 466001,2 an 2400 44200
COMCAST CORP CL A COM 20030010 361 10000 100001,2 an 10000
COMCAST CORP CL A SPLCOM 20030020 399 10000 100001,2 an 10000
COMPAQ COMPUTER CORP COM 20449310 21663 947000 9470001,2 an 859491 87509
CONEXANT SYSTEMS INC COM 20714210 509 7000 70001,2 an 7000
COX COMMUNICATIONS NECOM 22404410 1503 36000 360001,2 an 36000
DATA BROADCASTING CORCOM 23759610 304 40200 402001,2 an 40200
DATA GEN CORP COM COM 23768810 1053 50000 500001,2 an 50000
DELL COMPUTER CORP COCOM 24702510 4407 105400 1054001,2 an 105400
DEUTSCHE TELEKOM AG SCOM 25156610 836 20000 200001,2 an 20000
DOUBLECLICK INC COM COM 25860930 2859 24000 240001,2 an 24000
DU PONT E I DE NEMOURCOM 26353410 22235 367527 3675271,2 an 289630 77897
DUKE ENERGY COM 26439910 9179 166518 1665181,2 an 166518
DUN & BRADSTREET CORPCOM 26483B10 1718 57500 575001,2 an 57500
E M C CORP MASS COM COM 26864810 1427 20000 200001,2 an 20000
E TRADE GROUP INC COMCOM 26924610 705 30000 300001,2 an 30000
E-LOAN INC COM COM 26861P10 446 20700 207001,2 an 20700
EARTHLINK NETWORK INCCOM 27032210 421 9800 98001,2 an 9800
EARTHWEB INC COM COM 27032C10 652 16500 165001,2 an 16500
EASTMAN KODAK COM 27746110 3433 45400 454001,2 an 40700 4700
EBAY INC COM COM 27864210 1100 7800 78001,2 an 7800
EL PASO ENERGY CORP COM 28390510 15055 374029 3740291,2 an 311819 62210
ELECTROGLAS INC COM COM 28532410 729 31200 312001,2 an 22700 8500
ELECTRONIC ARTS INC COM 28551210 1267 17500 175001,2 an 9000 8500
ELECTRONIC DATA SYS NCOM 28566110 7952 150215 1502151,2 an 144315 5900
ENERGIS PLC SPONSOREDCOM 29266H10 720 6000 60001,2 an 6000
EQUANT N V NY REG SHSCOM 29440910 692 8500 85001,2 an 8500
ERICSSON L M TEL CO ACOM 29482140 875 28000 280001,2 an 28000
ETOYS INC COM COM 29786210 1198 18000 180001,2 an 18000
EXXON CORP COM 30229010 8783 115564 1155641,2 an 65064 50500
FANNIE MAE COM 31358610 45483 725552 7255521,2 an 598388 127164
FIRST DATA CORP COM COM 31996310 14591 332555 3325551,2 an 267755 64800
FIRST TENN NATL CORP COM 33716210 368 13100 131001,2 an 13100
FIRSTWAVE TECH INC COCOM 33762N10 131 50000 500001,2 an 50000
FLYCAST COMMUNICATIONCOM 34406710 682 15000 150001,2 an 15000
FRANCE TELECOM SPONSOCOM 35177Q10 958 11000 110001,2 an 11000
FREDDIE MAC COM 31340030 10250 197120 1971201,2 an 197120
FREEPORT-MCMORAN COP&COM 35671D85 173 11109 111091,2 an 11109
FREESERVE PLC -ADR COM 35687210 475 20000 200001,2 an 20000
GATEWAY 2000 INC COM COM 36783310 871 19800 198001,2 an 19800
GATX CORP COM COM 36144810 1171 37700 377001,2 an 37700
GEMSTAR INTL GROUP LTCOM G3788V10 1875 24000 240001,2 an 24000
GENERAL DYNAMICS CORPCOM 36955010 3047 48800 488001,2 an 44100 4700
GENERAL ELECTRIC COM 36960410 68056 574009 5740091,2 an 461101 112908
GENERAL INSTR CORP DECOM 37012010 480 10000 100001,2 an 10000
GENERAL MTRS CORP COM 37044210 11818 187768 1877681,2 an 165933 21835
GENESYS TELECOMMN LABCOM 37193110 228 5000 50001,2 an 5000
GILAT SATELLITE NETWRCOM M5147410 804 15000 150001,2 an 15000
GILLETTE COM 37576610 25541 752590 7525901,2 an 644130 108460
GLOBAL CROSSING LTD CCOM G3921A10 1028 38810 388101,2 an 38810
GTE CORP COM COM 36232010 13336 173475 1734751,2 an 165375 8100
HEALTHEON CORP COM COM 42220910 1147 31000 310001,2 an 31000
HEINZ H J COM 42307410 2812 65400 654001,2 an 60000 5400
HEWLETT PACKARD CO COM 42823610 29792 328290 3282901,2 an 279790 48500
HOME DEPOT INC COM 43707610 22047 321262 3212621,2 an 270662 50600
HSB GROUP INC COM COM 40428N10 1529 43450 434501,2 an 43450
IBM COM 45920010 63833 527548 5275481,2 an 477748 49800
ICG COMMUNICATIONS INCOM 44924610 423 27200 272001,2 an 27200
INFOSEEK CORP COM COM 45678m10 617 20000 200001,2 an 20000
INFOSPACE COM INC COMCOM 45678T10 1028 25000 250001,2 an 25000
INKTOMI CORP COM COM 45727710 1440 12000 120001,2 an 12000
INTEL COM 45814010 70906 954160 9541601,2 an 777800 176360
INTERMEDIA COMMUNICATCOM 45880110 500 23000 230001,2 an 23000
INTERNATIONAL FLAV&FRCOM 45950610 938 27200 272001,2 an 27200
INTERPUBLIC GROUP COSCOM 46069010 1302 31650 316501,2 an 0 31650
INTUIT COM COM 46120210 351 4000 40001,2 an 4000
ITURF INC CL A COM 46575Q10 367 35000 350001,2 an 35000
IVILLAGE INC COM COM 46588H10 458 13000 130001,2 an 13000
IXC COMMUNICATIONS INCOM 45071310 394 10000 100001,2 an 10000
IXOS SOFTWARE AG SPN COM 46600V10 592 18500 185001,2 an 18500
JOHNSON & JOHNSON COM 47816010 26927 293080 2930801,2 an 257080 36000
KNIGHT/TRIMARK GRP INCOM 49906710 533 18000 180001,2 an 18000
LABORATORY AMER HLDGSCOM 50540R10 75 27100 271001,2 an 27100
LEHMAN BROS HLDGS INCCOM 52490810 18258 312774 3127741,2 an 250134 62640
LEVEL 3 COMMUNICTIONSCOM 52729N10 585 11200 112001,2 an 11200
LIBERATE TECHNOLOGIESCOM 53012910 358 8500 85001,2 an 8500
LORAL SPACE & COMMNCTCOM G5646210 636 37000 370001,2 an 37000
LUCENT TECHNOLOGIES CCOM 54946310 26937 415219 4152191,2 an 302099 113120
LYCOS INC COM COM 55081810 3258 65000 650001,2 an 65000
MACROMEDIA INC COM COM 55610010 307 7500 75001,2 an 7500
MARIMBA INC COM COM 56781Q10 732 24500 245001,2 an 24500
MARKETWATCH COM INC CCOM 57061910 283 6000 60001,2 an 6000
MARSH & MCLENNAN COS COM 57174810 514 7500 75001,2 an 3000 4500
MCDONALDS COM 58013510 32301 746844 7468441,2 an 611684 135160
MCI WORLDCOM INC. COM 55268b10 12819 178347 1783471,2 an 146697 31650
MEDIA METRIX INC COM COM 58440X10 1328 19000 190001,2 an -43800 62800
MEDTRONIC INC COM COM 58505510 3393 95400 954001,2 an 95400
MELLON BK CORP COM COM 58550910 27848 828200 8282001,2 an 680800 147400
MERCK COM 58933110 43196 666469 6664691,2 an 558469 108000
MERCURY INTERACTIVE CCOM 58940510 4519 70000 700001,2 an 70000
MERRILL LYNCH & CO INCOM 59018810 7769 115315 1153151,2 an 111815 3500
MICRON TECHNOLOGY INCCOM 59511210 332 5000 50001,2 an 5000
MICROSOFT CORP COM 59491810 34901 385385 3853851,2 an 300445 84940
MICROSTRATEGY INC CL COM 59497210 981 17500 175001,2 an 17500
MINDSPRING ENTERPRISECOM 60268310 664 24000 240001,2 an 24000
MISSION CRITICAL SOFTCOM 60504710 445 10000 100001,2 an 10000
MOBIL CORP. COM 60705910 4587 45524 455241,2 an 42700 2824
MOTOROLA INC COM 62007610 18628 211681 2116811,2 an 192781 18900
NETBANK INC COM COM 64093310 646 29200 292001,2 an 29200
NETWORK SOLUTIONS INCCOM 64121Q10 1929 21000 210001,2 an 21000
NETWORKS ASSOCS INC CCOM 64093810 459 24000 240001,2 an 24000
NIPPON TELEG & TEL SPCOM 65462410 925 15000 150001,2 an 15000
NOKIA CORP SPONSORED COM 65490220 791 8800 88001,2 an 8800
NORTEL NETWORKS CORP COM 65656910 2162 42400 424001,2 an 42400
NORTHROP GRUMMAN CORPCOM 66680710 16970 266975 2669751,2 an 235825 31150
NOVELL INC COM 67000610 517 25000 250001,2 an 25000
NOVELLUS SYS INC COM COM 67000810 337 5000 50001,2 an 5000
NVIDIA CORP COM COM 67066G10 385 20000 200001,2 an 20000
OMNIPOINT CORP COM COM 68212D10 279 5000 50001,2 an 5000
ONEMAIN COM INC COM COM 68267P10 247 15000 150001,2 an 15000
ONSALE INC COM COM 68283810 413 30300 303001,2 an 30300
OPTICAL COATING LAB CCOM 68382910 552 6000 60001,2 an 6000
ORACLE CORP COM COM 68389X10 19073 419185 4191851,2 an 359185 60000
P T TELEKOM INDONESIACOM 71568410 312 45000 450001,2 an 45000
PACIFIC INTERNET LTD COM Y6618310 1440 45000 450001,2 an 45000
PEGASUS SYSTEMS INC CCOM 70590610 300 8000 80001,2 an 8000
PEPSICO COM 71344810 26774 877841 8778411,2 an 727731 150110
PFIZER INC COM 71708110 32342 901533 9015331,2 an 591433 310100
PHARMACIA & UPJOHN INCOM 71694110 9374 188900 1889001,2 an 188900
PHILIP MORRIS COS INCCOM 71815410 2468 72190 721901,2 an 52490 19700
PIXAR COM COM 72581110 1505 40000 400001,2 an 40000
PMC-SIERRA INC COM COM 69344F10 1572 17000 170001,2 an 17000
PPG INDS INC COM 69350610 210 3500 35001,2 an 3500
PRICELINE COM INC COMCOM 74150310 613 9500 95001,2 an 9500
PROCTER & GAMBLE COM 74271810 43511 464120 4641201,2 an 395320 68800
PSION PLC COM 780 47500 475001,2 an 47500
PT INDOSAT ADR COM 71568010 270 20000 200001,2 an 20000
QUAKER OATS CO COM COM 74740210 2815 45500 455001,2 an 40600 4900
QUALCOMM INC COM COM 74752510 1135 6000 60001,2 an 6000
QWEST COMMUNICATIONS COM 74912110 650 22000 220001,2 an 22000
RAMBUS INC DEL COM COM 75091710 530 8000 80001,2 an 8000
REALNETWORKS INC COM COM 75605L10 1359 13000 130001,2 an 13000
ROYAL DUTCH PETE CO NCOM 78025780 1094 18520 185201,2 an 8000 10520
SANDISK CORP COM COM 80004C10 228 3500 35001,2 an 3500
SAP AKTIENGESELLSCHAFCOM 80305420 2299 60900 609001,2 an 60900
SBC COMMUNICATIONS INCOM 78387G10 365 7156 71561,2 an 7156
SBS BROADCASTING SA OCOM L8137F10 969 25000 250001,2 an 25000
SCHERING PLOUGH COM 80660510 4127 94600 946001,2 an 35600 59000
SCHLUMBERGER COM 80685710 23717 380610 3806101,2 an 327110 53500
SCI SYS INC COM COM 78389010 622 14000 140001,2 an 14000
SHELL TRANS&TRAD PLC COM 82270360 26029 572070 5720701,2 an 541270 30800
SIEBERT FINL CORP COMCOM 82617610 490 28000 280001,2 an 28000
SK TELECOM LTD SPONSOCOM 78440P10 680 65900 659001,2 an 65900
SMITHKLINE BEECHAM PLCOM 83237830 300 5200 52001,2 an 5200
SONY CORP ADR NEW COM 83569930 795 5300 53001,2 an 5300
SPORTSLINE USA INC COCOM 84893410 1041 35200 352001,2 an 35200
SS@C TECHNOLOGIES INCCOM 85227Q10 302 55000 550001,2 an 55000
STARMEDIA NETWORK INCCOM 85554610 606 16500 165001,2 an 16500
STATE STR CORP COM COM 85747710 16473 254900 2549001,2 an 199300 55600
STMICROELECTRONICS N COM 86101210 889 12000 120001,2 an 12000
SUN MICROSYSTEMS INC COM 86681010 7375 79300 793001,2 an 59300 20000
SWISSCOM AG SPONSOREDCOM 87101310 472 15000 150001,2 an 15000
TELE DANMARK A/S SPNSCOM 87924210 415 14000 140001,2 an 14000
TELECOM ITALIA SPA SPCOM 87927W10 689 8000 80001,2 an 8000
TELEFONICA DE ESPANA COM 87938220 883 18390 183901,2 an 18390
TELEGLOBE INC COM COM 87941V10 401 26000 260001,2 an 26000
TELEWEST COMMUNCTN PLCOM 87956P10 1190 32600 326001,2 an 32600
TELLABS INC COM COM 87966410 683 12000 120001,2 an 12000
TERADYNE INC COM COM 88077010 472 13400 134001,2 an 13400
TERAYON COMMUNACTN SYCOM 88077510 489 10000 100001,2 an 10000
TEXACO INC COM 88169410 3510 55600 556001,2 an 51000 4600
TEXAS INSTRS INC COM 88250810 43942 534250 5342501,2 an 413550 120700
THEGLOBE COM INC COM COM 88335R10 575 42000 420001,2 an 42000
THESTREET COM COM COM 88368Q10 546 30100 301001,2 an 30100
TICKETMASTER ONLINE CCOM 88633P20 566 23400 234001,2 an 23400
TIME WARNER COM 88731510 27518 452975 4529751,2 an 321075 131900
TRIBUNE CO NEW COM COM 89604710 398 8000 80001,2 an 8000
TYCO INTERNATIONAL LTCOM 90212410 15307 148250 1482501,2 an 122550 25700
U S WEST INC New Com COM 91273H10 2854 50017 500171,2 an 46217 3800
UNILEVER N V COM 90478470 7524 110445 1104451,2 an 110445
UNION PLANTERS CORP CCOM 90806810 292 7174 71741,2 an 7174
UNISYS CORP COM COM 90921410 1354 30000 300001,2 an 30000
UNITED TECHNOLOGIES CCOM 91301710 30878 520601 5206011,2 an 419801 100800
USWEB CORP COM COM 91732710 1750 51000 510001,2 an 51000
VERISIGN INC COM COM 92343E10 2662 25000 250001,2 an 25000
VODAFONE AIRTOUCH PLCCOM 92857T10 749 3150 31501,2 an 3150
WAL MART STORES COM 93114210 17536 368690 3686901,2 an 310390 58300
WALT DISNEY COM 25468710 29091 1118890 11188901,2 an 963750 155140
WARNER LAMBERT CO COM 93448810 32048 482830 4828301,2 an 391830 91000
WATKINS JOHNSON CO COCOM 94248610 336 10000 100001,2 an 10000
WEYERHAEUSER CO COM 96216610 1227 21300 213001,2 an 21300
WILLAMETTE INDS INC CCOM 96913310 431 10000 100001,2 an 10000
WIND RIVER SYSTEMS INCOM 97314910 228 12000 120001,2 an 12000
XEROX CORP COM 98412110 7246 172790 1727901,2 an 172790
XILINX INC COM COM 98391910 799 12200 122001,2 an 12200
YAHOO INC COM COM 98433210 6379 35537 355371,2 an 33537 2000
SCI SYS INC COM
COM
783890106
237,000
8000
8000
1,2 and 3
8000
SHELL TRANS&TRAD PLC NEW YRK SH NEW
COM
822703609
17,077,734
420375
420375
1,2 and 3
420375
SIEBERT FINL CORP COM
COM
826176109
1,023,750
45000
45000
1,2 and 3
45000
SK TELECOM LTD SPONSORED ADR
COM
78440P108
365,625
30000
30000
1,2 and 3
30000
SMITHKLINE BEECHAM PLC ADR REP ORD
COM
832378301
#######
471875
471875
1,2 and 3
471875
SONY CORP ADR NEW
COM
835699307
301,331
3300
3300
1,2 and 3
3300
SPORTSLINE USA INC COM
COM
848934105
1,606,000
35200
35200
1,2 and 3
35200
SPYGLASS INC COM
COM
852192103
90,000
10000
10000
1,2 and 3
10000
STATE STR CORP COM
COM
857477103
7,238,000
88000
88000
1,2 and 3
88000
STMICROELECTRONICS N V COM
COM
861012102
582,750
6000
6000
1,2 and 3
6000
SUN MICROSYSTEMS INC
COM
866810104
3,689,344
29500
29500
1,2 and 3
29500
SYSCO CORP
COM
871829107
10,573,941
401860
401860
1,2 and 3
401860
TELE DANMARK A/S SPNSR ADR CL B
COM
879242105
343,000
7000
7000
1,2 and 3
7000
TELECOM ITALIA SPA SPONS ADR ORD
COM
87927W106
835,000
8000
8000
1,2 and 3
8000
TELEFONICA DE ESPANA SPONSORED ADR
COM
879382208
772,888
6050
6050
1,2 and 3
6050
TELEGLOBE INC COM
COM
87941V100
788,125
26000
26000
1,2 and 3
26000
TELEWEST COMMUNCTN PLC SPONSORED ADR
COM
87956P105
1,167,075
26600
26600
1,2 and 3
26600
TELLABS INC COM
COM
879664100
586,500
6000
6000
1,2 and 3
6000
TERADYNE INC COM
COM
880770102
365,569
6700
6700
1,2 and 3
6700
TEXACO INC
COM
881694103
2,695,625
47500
47500
1,2 and 3
47500
TEXAS INSTRS INC
COM
882508104
32,864,156
331125
331125
1,2 and 3
331125
THEGLOBE COM INC COM
COM
88335R101
886,125
17000
17000
1,2 and 3
17000
TICKETMASTER ONLINE CL B
COM
88633P203
484,200
14400
14400
1,2 and 3
14400
TIME WARNER
COM
887315109
32,810,972
463350
463350
1,2 and 3
463350
TRIBUNE CO NEW COM
COM
896047107
392,625
6000
6000
1,2 and 3
6000
U S WEST INC New Com
COM
91273H101
2,902,730
52717
52717
1,2 and 3
52717
UBID INC COM
COM
903469104
371,925
5700
5700
1,2 and 3
5700
UNILEVER N V
COM
904784709
6,809,844
102500
102500
1,2 and 3
102500
UNION PLANTERS CORP COM
COM
908068109
315,208
7174
7174
1,2 and 3
7174
UNISYS CORP COM
COM
909214108
2,048,875
74000
74000
1,2 and 3
74000
UNITED TECHNOLOGIES CP COM
COM
913017109
36,121,181
266700
266700
1,2 and 3
266700
USWEB CORP COM
COM
917327108
2,062,500
50000
50000
1,2 and 3
50000
VERIO INC COM
COM
923433106
461,250
10000
10000
1,2 and 3
10000
VERISIGN INC COM
COM
92343E102
1,925,000
12500
12500
1,2 and 3
12500
WAL MART STORES
COM
931142103
2,286,250
24800
24800
1,2 and 3
24800
WALT DISNEY
COM
254687106
#######
984941
984941
1,2 and 3
984941
WARNER LAMBERT CO
COM
934488107
9,182,250
138600
138600
1,2 and 3
138600
WATKINS JOHNSON CO COM
COM
942486101
226,250
10000
10000
1,2 and 3
10000
WEINGARTEN RLTY
COM
948741103
3,849,648
97152
97152
1,2 and 3
97152
WESTERN DIGITAL CORP COM
COM
958102105
302,400
38400
38400
1,2 and 3
38400
WEYERHAEUSER CO
COM
962166104
937,950
16900
16900
1,2 and 3
16900
WILLAMETTE INDS INC COM
COM
969133107
377,500
10000
10000
1,2 and 3
10000
WIND RIVER SYSTEMS INC COM
COM
973149107
427,500
24000
24000
1,2 and 3
24000
XEROX CORP
COM
984121103
11,570,708
221980
221980
1,2 and 3
221980
XILINX INC COM
COM
983919101
494,863
12200
12200
1,2 and 3
12200
XOOM COM INC COM
COM
98413F101
395,669
5900
5900
1,2 and 3
5900
YAHOO INC COM
COM
984332106
3,199,125
19000
19000
1,2 and 3
19000
Total
#######
</TABLE>
