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, 1999
Check her is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] 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 June 30, 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.
Vaughan, Nelson, Scarborough & McConnell, L.P.
FORM 13F
31-Jul-99
<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(BOther (ManagersSole (A)Share(None(C)
COMMON STOCK
3COM CORP COM COM 88553510 619 23200 232001,2 and 23200
ABBOTT LABS COM 00282410 23936 527515 5275151,2 and 505715 21800
ABOUT COM INC COM COM 00373610 597 11500 115001,2 and 11500
ALCATEL ALSTHOM SPONSORECOM 01390430 993 35000 350001,2 and 35000
ALLIEDSIGNAL INC COM 01951210 37082 588610 5886101,2 and 520970 67640
AMAZON COM INC COM COM 02313510 438 3500 35001,2 and 3500
AMERICA ONLINE INC DEL CCOM 02364J10 4200 38180 381801,2 and 38180
AMERICAN EXPRESS CO COM COM 02581610 21201 162925 1629251,2 and 144225 18700
AMERICAN GENERAL CORP COM 02635110 42068 558114 5581141,2 and 507700 50414
AMERICAN HOME PRODS CP COM 02660910 14436 251600 2516001,2 and 251600
AMERICAN INTL GROUP COM 02687410 59474 507244 5072441,2 and 444101 63143
AMERITECH CORP NEW COM 03095410 772 10500 105001,2 and 10500
AMERITRADE HLDG CORP CL COM 03072H10 615 5800 58001,2 and 5800
AMGEN INC COM 03116210 2234 36700 367001,2 and 36700
APPLIED MATLS INC COM COM 03822210 814 11025 110251,2 and 11025
ASM LITHOGRAPHY HLDG N YCOM N0705911 356 6000 60001,2 and 6000
ASSOCIATES FIRST CAP CL COM 04600810 22035 499368 4993681,2 and 405650 93718
AT HOME CORP COM SER A COM 04591910 1627 30166 301661,2 and 30166
AT&T COM 00195710 2966 53150 531501,2 and 46310 6840
AT&T CORP COM LIB GRP A COM 00195720 735 20000 200001,2 and 20000
AVERY DENNISON COM 05361110 4637 76800 768001,2 and 72100 4700
AXENT TECHNOLOGIES INC CCOM 05459C10 332 29800 298001,2 and 29800
BAAN CO NV COM COM N0804410 1102 69400 694001,2 and 69400
BANC ONE CORP COM 06423A10 5670 95194 951941,2 and 86158 9036
BANK NEW YORK INC COM COM 06405710 1101 30000 300001,2 and 30000
BANK OF AMERICA CORPORATCOM 06050510 5470 74617 746171,2 and 59517 15100
BAXTER INTERNATIONAL COM 07181310 2443 40300 403001,2 and 40300
BELL ATLANTIC CORP COM 07785310 2900 44365 443651,2 and 39383 4982
BEYOND.COM CORPORATION COM 08860E10 298 10400 104001,2 and 10400
BMC SOFTWARE INC COM COM 05592110 1825 33800 338001,2 and 33800
BOEING CO COM COM 09702310 926 21045 210451,2 and 21045
BP AMOCO P L C SPONSOREDCOM 05562210 9425 86864 868641,2 and 84733 2131
BRISTOL MYERS COM 11012210 23001 326550 3265501,2 and 287050 39500
BRITISH SKY BROADCSTNG SCOM 11101310 393 7000 70001,2 and 7000
BROADCAST COM INC COM COM 11131010 1656 12400 124001,2 and 12400
BROADCOM CORP CL A COM 11132010 1865 12900 129001,2 and 12900
BROWN FORMAN CORP CL B COM 11563720 3364 51600 516001,2 and 47400 4200
CABLE & WIRELESS PLC SPOCOM 12683020 396 10000 100001,2 and 10000
CBT GROUP PUB LTD SPONSOCOM 12485310 584 35400 354001,2 and -14000 49400
CENTRAL EUROPEAN MEDIA CCOM G2004510 309 47500 475001,2 and 47500
CHANCELLOR MEDIA CORP COCOM 15891510 661 12000 120001,2 and 12000
CHASE MANHATTAN NEW COM COM 16161A10 35694 412650 4126501,2 and 393250 19400
CHEVRON CORPORATION COM 16675110 705 7414 74141,2 and 7414
CHUBB CORP COM COM 17123210 1619 23300 233001,2 and 23300
CISCO SYS INC COM 17275R10 33677 522634 5226341,2 and 446734 75900
CITIGROUP INC COM COM 17296710 50859 1070713 10707131,2 and 961701 109012
CITRIX SYS INC COM COM 17737610 859 15200 152001,2 and 15200
CLOROX CO DEL COM COM 18905410 1042 9760 97601,2 and 0 9760
CMGI INC COM COM 12575010 1141 10000 100001,2 and 10000
COCA COLA COM 19121610 30392 490191 4901911,2 and 440171 50020
COLGATE PALM. COM 19416210 2295 23300 233001,2 and 2800 20500
COLUMBIA/HCA HLTHCARE COM 19767710 912 40000 400001,2 and 40000
COMCAST CORP CL A COM 20030010 358 10000 100001,2 and 10000
COMCAST CORP CL A SPL COM 20030020 384 10000 100001,2 and 10000
COMPAQ COMPUTER CORP COMCOM 20449310 20293 856699 8566991,2 and 772790 83909
COX COMMUNICATIONS NEW CCOM 22404410 1325 36000 360001,2 and 36000
DATA BROADCASTING CORP CCOM 23759610 636 60200 602001,2 and 60200
DELL COMPUTER CORP COM COM 24702510 3889 105100 1051001,2 and 105100
DELPHI AUTO SYS CORP COMCOM 24712610 2264 122358 1223581,2 and 107307 15051
DEUTSCHE TELEKOM AG SPONCOM 25156610 845 20000 200001,2 and 20000
DOUBLECLICK INC COM COM 25860930 2110 23000 230001,2 and 23000
DU PONT E I DE NEMOURS COM 26353410 21044 308051 3080511,2 and 247791 60260
DUKE ENERGY COM 26439910 9387 172443 1724431,2 and 172443
DUN & BRADSTREET CORP COCOM 26483B10 2073 58500 585001,2 and 58500
E M C CORP MASS COM COM 26864810 1100 20000 200001,2 and 20000
E TRADE GROUP INC COM COM 26924610 1198 30000 300001,2 and 30000
EARTHLINK NETWORK INC COCOM 27032210 602 9800 98001,2 and 9800
EARTHWEB INC COM COM 27032C10 615 16500 165001,2 and 16500
EASTMAN KODAK COM 27746110 3266 48200 482001,2 and 43700 4500
EBAY INC COM COM 27864210 530 3500 35001,2 and 3500
EL PASO ENERGY CORP COM 28390510 13122 372904 3729041,2 and 315374 57530
ELECTROGLAS INC COM COM 28532410 624 31200 312001,2 and 31200
ELECTRONIC ARTS INC COM 28551210 949 17500 175001,2 and 9000 8500
ELECTRONIC DATA SYS NW CCOM 28566110 8547 150940 1509401,2 and 147740 3200
ENERGIS PLC SPONSORED ADCOM 29266H10 714 6000 60001,2 and 6000
EQUANT N V NY REG SHS COM 29440910 425 4500 45001,2 and 4500
ERICSSON L M TEL CO ADR COM 29482140 922 28000 280001,2 and 28000
ETOYS INC COM COM 29786210 570 14000 140001,2 and 14000
EXECUTIVE RISK INC COM COM 30158610 1174 13800 138001,2 and 13800
EXXON CORP COM 30229010 9705 125831 1258311,2 and 104231 21600
FANNIE MAE COM 31358610 62124 910242 9102421,2 and 778478 131764
FIRST DATA CORP COM COM 31996310 16577 338730 3387301,2 and 273930 64800
FIRST TENN NATL CORP COM 33716210 502 13100 131001,2 and 13100
FLYCAST COMMUNICATIONS CCOM 34406710 392 20500 205001,2 and 20500
FRANCE TELECOM SPONSOREDCOM 35177Q10 847 11000 110001,2 and 11000
FREDDIE MAC COM 31340030 11735 202320 2023201,2 and 202320
FREEPORT-MCMORAN COP&G CCOM 35671D85 199 11109 111091,2 and 11109
GATEWAY 2000 INC COM COM 36783310 585 9900 99001,2 and 9900
GATX CORP COM COM 36144810 1443 37900 379001,2 and 37900
GEMSTAR INTL GROUP LTD OCOM G3788V10 1566 24000 240001,2 and 24000
GENCORP INC COM COM 36868210 8226 325790 3257901,2 and 267440 58350
GENERAL DYNAMICS CORP COCOM 36955010 3650 53000 530001,2 and 47000 6000
GENERAL ELECTRIC COM 36960410 65368 578474 5784741,2 and 510266 68208
GENERAL INSTR CORP DEL CCOM 37012010 425 10000 100001,2 and 10000
GENERAL MTRS CORP COM 37044210 12527 189810 1898101,2 and 168275 21535
GILLETTE COM 37576610 30497 743840 7438401,2 and 636240 107600
GLOBAL CROSSING LTD COM COM G3921A10 567 13310 133101,2 and 13310
GTE CORP COM COM 36232010 13094 173435 1734351,2 and 170135 3300
HEALTHEON CORP COM COM 42220910 1501 19500 195001,2 and 19500
HEINZ H J COM 42307410 3278 65400 654001,2 and 60000 5400
HEWLETT PACKARD CO COM 42823610 25959 258300 2583001,2 and 211600 46700
HOME DEPOT INC COM 43707610 28389 440569 4405691,2 and 411669 28900
HONEYWELL INC COM COM 43850610 274 2362 23621,2 and 2362
HSB GROUP INC COM COM 40428N10 1790 43450 434501,2 and 43450
IBM COM 45920010 66350 513350 5133501,2 and 488950 24400
ICG COMMUNICATIONS INC CCOM 44924610 368 17200 172001,2 and 17200
INFOSEEK CORP COM COM 45678m10 1007 21000 210001,2 and 21000
INFOSPACE COM INC COM COM 45678T10 1175 25000 250001,2 and 25000
INKTOMI CORP COM COM 45727710 1315 10000 100001,2 and 10000
INTEL COM 45814010 59154 994185 9941851,2 and 871225 122960
INTERMEDIA COMMUNICATN CCOM 45880110 690 23000 230001,2 and 23000
INTERNATIONAL FLAV&FRA CCOM 45950610 1386 31500 315001,2 and 26500 5000
INTERPUBLIC GROUP COS COM 46069010 1371 15825 158251,2 and 600 15225
INTUIT COM COM 46120210 360 4000 40001,2 and 4000
ITURF INC CL A COM 46575Q10 343 19000 190001,2 and 19000
IVILLAGE INC COM COM 46588H10 603 12000 120001,2 and 12000
IXC COMMUNICATIONS INC CCOM 45071310 393 10000 100001,2 and 10000
IXOS SOFTWARE AG SPN ADRCOM 46600V10 597 18500 185001,2 and 18500
JOHNSON & JOHNSON COM 47816010 28522 291040 2910401,2 and 257540 33500
KNIGHT/TRIMARK GRP INC CCOM 49906710 732 12000 120001,2 and 12000
LABORATORY AMER HLDGS COCOM 50540R10 78 27100 271001,2 and 27100
LEHMAN BROS HLDGS INC COCOM 52490810 19683 316824 3168241,2 and 274184 42640
LEVEL 3 COMMUNICTIONS COCOM 52729N10 372 6200 62001,2 and 6200
LORAL SPACE & COMMNCTN CCOM G5646210 306 17000 170001,2 and 17000
LUCENT TECHNOLOGIES COM COM 54946310 28113 416880 4168801,2 and 347952 68928
LYCOS INC COM COM 55081810 2940 32000 320001,2 and 32000
MACROMEDIA INC COM COM 55610010 264 7500 75001,2 and 7500
MARIMBA INC COM COM 56781Q10 580 11000 110001,2 and 11000
MARKETWATCH COM INC COM COM 57061910 412 7000 70001,2 and 7000
MARSH & MCLENNAN COS COMCOM 57174810 568 7500 75001,2 and 4000 3500
MCDONALDS COM 58013510 28639 696394 6963941,2 and 611234 85160
MCI WORLDCOM INC. COM 55268b10 6053 70330 703301,2 and 70330
MEDIA METRIX INC COM COM 58440X10 745 14000 140001,2 and 14000
MEDTRONIC INC COM COM 58505510 2862 36750 367501,2 and 36750
MELLON BK CORP COM COM 58550910 29944 823200 8232001,2 and 675800 147400
MERCK COM 58933110 49603 673729 6737291,2 and 616929 56800
MERCURY INTERACTIVE CP CCOM 58940510 2476 70000 700001,2 and 70000
MERRILL LYNCH & CO INC COM 59018810 9138 114940 1149401,2 and 111440 3500
MICRON TECHNOLOGY INC COCOM 59511210 202 5000 50001,2 and 5000
MICROSOFT CORP COM 59491810 27837 308660 3086601,2 and 265020 43640
MICROSTRATEGY INC CL A COM 59497210 625 16500 165001,2 and 16500
MINDSPRING ENTERPRISES CCOM 60268310 1063 24000 240001,2 and 24000
MOBIL CORP. COM 60705910 4426 44824 448241,2 and 44824
MOTOROLA INC COM 62007610 20348 214756 2147561,2 and 196856 17900
NETBANK INC COM COM 64093310 540 14200 142001,2 and 14200
NETWORK SOLUTIONS INC CLCOM 64121Q10 1662 21000 210001,2 and 21000
NETWORKS ASSOCS INC COM COM 64093810 352 24000 240001,2 and 24000
NIPPON TELEG & TEL SPONSCOM 65462410 939 15000 150001,2 and 15000
NOKIA CORP SPONSORED ADRCOM 65490220 806 8800 88001,2 and 8800
NORTEL NETWORKS CORP COM 65656910 1840 21200 212001,2 and 21200
NORTHROP GRUMMAN CORP COCOM 66680710 27937 421300 4213001,2 and 369950 51350
NOVELL INC COM 67000610 662 25000 250001,2 and 25000
NVIDIA CORP COM COM 67066G10 382 20000 200001,2 and 20000
OFFICE DEPOT INC COM 67622010 18209 825321 8253211,2 and 745371 79950
ONEMAIN COM INC COM COM 68267P10 354 15000 150001,2 and 15000
ONSALE INC COM COM 68283810 668 35300 353001,2 and 35300
ORACLE CORP COM COM 68389X10 16907 455410 4554101,2 and 455410
P T TELEKOM INDONESIA SPCOM 71568410 187 15000 150001,2 and 15000
PACIFIC INTERNET LTD ORDCOM Y6618310 2369 50000 500001,2 and 50000
PEAPOD INC COM COM 70471810 282 35500 355001,2 and 35500
PEGASUS SYSTEMS INC COM COM 70590610 299 8000 80001,2 and 8000
PEPSICO COM 71344810 36274 937616 9376161,2 and 863106 74510
PFIZER INC COM 71708110 33500 307337 3073371,2 and 244137 63200
PHARMACIA & UPJOHN INC CCOM 71694110 12149 213850 2138501,2 and 209950 3900
PHILIP MORRIS COS INC COCOM 71815410 5951 148075 1480751,2 and 124700 23375
PIXAR COM COM 72581110 1725 40000 400001,2 and 40000
PMC-SIERRA INC COM COM 69344F10 1002 17000 170001,2 and 17000
PPG INDS INC COM 69350610 306 5175 51751,2 and 5175
PRICELINE COM INC COM COM 74150310 867 7500 75001,2 and 7500
PROCTER & GAMBLE COM 74271810 42340 474395 4743951,2 and 445695 28700
PSION PLC COM 635 47500 475001,2 and 47500
PT INDOSAT ADR COM 71568010 390 20000 200001,2 and 20000
QUAKER OATS CO COM COM 74740210 3100 46700 467001,2 and 41800 4900
QUALCOMM INC COM COM 74752510 861 6000 60001,2 and 6000
QUANTUM CORP COM COM 74790610 241 10000 100001,2 and 10000
QWEST COMMUNICATIONS COMCOM 74912110 727 22000 220001,2 and 22000
RAMBUS INC DEL COM COM 75091710 737 8000 80001,2 and 8000
REALNETWORKS INC COM COM 75605L10 895 13000 130001,2 and 13000
ROYAL DUTCH PETE CO NY RCOM 78025780 1116 18520 185201,2 and 8000 10520
SAP AKTIENGESELLSCHAFT SCOM 80305420 2074 59900 599001,2 and 59900
SBC COMMUNICATIONS INC. COM 78387G10 248 4276 42761,2 and 4276
SBS BROADCASTING SA ORD COM L8137F10 806 25000 250001,2 and 25000
SCHERING PLOUGH COM 80660510 5281 100600 1006001,2 and 100600
SCHLUMBERGER COM 80685710 24289 381375 3813751,2 and 330675 50700
SCI SYS INC COM COM 78389010 379 8000 80001,2 and 8000
SHELL TRANS&TRAD PLC NEWCOM 82270360 23392 504400 5044001,2 and 473600 30800
SIEBERT FINL CORP COM COM 82617610 838 28000 280001,2 and 28000
SK TELECOM LTD SPONSOREDCOM 78440P10 595 35000 350001,2 and 35000
SMITHKLINE BEECHAM PLC ACOM 83237830 32445 491130 4911301,2 and 443680 47450
SONY CORP ADR NEW COM 83569930 364 3300 33001,2 and 3300
SPORTSLINE USA INC COM COM 84893410 1263 35200 352001,2 and 35200
SPYGLASS INC COM COM 85219210 201 10000 100001,2 and 10000
STARMEDIA NETWORK INC COCOM 85554610 545 8500 85001,2 and 8500
STATE STR CORP COM COM 85747710 8032 94075 940751,2 and 94075
STMICROELECTRONICS N V CCOM 86101210 832 12000 120001,2 and 12000
SUN MICROSYSTEMS INC COM 86681010 5462 79300 793001,2 and 79300
SWISSCOM AG SPONSORED ADCOM 87101310 576 15000 150001,2 and 15000
TELE DANMARK A/S SPNSR ACOM 87924210 360 14000 140001,2 and 14000
TELECOM ITALIA SPA SPONSCOM 87927W10 841 8000 80001,2 and 8000
TELEFONICA DE ESPANA SPOCOM 87938220 902 6130 61301,2 and 6130
TELEGLOBE INC COM COM 87941V10 773 26000 260001,2 and 26000
TELEWEST COMMUNCTN PLC SCOM 87956P10 1217 26600 266001,2 and 26600
TELLABS INC COM COM 87966410 811 12000 120001,2 and 12000
TERADYNE INC COM COM 88077010 481 6700 67001,2 and 6700
TEXACO INC COM 88169410 4716 75600 756001,2 and 71000 4600
TEXAS INSTRS INC COM 88250810 47704 331275 3312751,2 and 270275 61000
THEGLOBE COM INC COM COM 88335R10 728 37000 370001,2 and 37000
THESTREET COM COM COM 88368Q10 1084 30100 301001,2 and 30100
TICKETMASTER ONLINE CL BCOM 88633P20 557 18400 184001,2 and 18400
TIME WARNER COM 88731510 32968 453950 4539501,2 and 370050 83900
TRIBUNE CO NEW COM COM 89604710 523 6000 60001,2 and 6000
U S WEST INC New Com COM 91273H10 2938 50017 500171,2 and 46217 3800
UNILEVER N V COM 90478470 9182 131635 1316351,2 and 131635
UNION PLANTERS CORP COM COM 90806810 321 7174 71741,2 and 7174
UNISYS CORP COM COM 90921410 934 24000 240001,2 and 24000
UNITED TECHNOLOGIES CP CCOM 91301710 38115 529376 5293761,2 and 446076 83300
USWEB CORP COM COM 91732710 1109 50000 500001,2 and 3
VERIO INC COM COM 92343310 208 3000 30001,2 and 3
VERISIGN INC COM COM 92343E10 2156 25000 250001,2 and 3
VODAFONE AIRTOUCH PLC SPCOM 92857T10 621 3150 31501,2 and 3
WAL MART STORES COM 93114210 2452 50815 508151,2 and 3
WALT DISNEY COM 25468710 30417 987166 9871661,2 and 3 126640
WARNER LAMBERT CO COM 93448810 18156 262655 2626551,2 and 3 25200
WATKINS JOHNSON CO COM COM 94248610 295 10000 100001,2 and 3
WEINGARTEN RLTY COM 94874110 4021 96302 963021,2 and 3
WESTERN DIGITAL CORP COMCOM 95810210 250 38400 384001,2 and 3
WEYERHAEUSER CO COM 96216610 1464 21300 213001,2 and 3
WILLAMETTE INDS INC COM COM 96913310 461 10000 100001,2 and 3
WIND RIVER SYSTEMS INC CCOM 97314910 578 36000 360001,2 and 3
XEROX CORP COM 98412110 12879 218055 2180551,2 and 3
XILINX INC COM COM 98391910 698 12200 122001,2 and 3
YAHOO INC COM COM 98433210 3641 21136 211361,2 and 3
Total 1,815,974
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>
