UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Private Asset Management, Inc.
Address: 11995 El Camino Real # 303
San Diego, CA 92130
Form 13F File Number: 28-5862
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: Michael D. Berlin
Title: General Counsel
Address: Private Asset Management, Inc.
11995 El Camino Real # 303
San Diego, CA 92130
Signature, Place, and Date of Signing:
/S/ Michael D. Berlin San Diego, CA 09/30/1999
--------------------- -------------- ---------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s.)
[ ] 13F COMBINATION REPORT. (Check here it a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 196
Form 13F Information Table Value Total: $ 498,806,387
(thousands)
List of Other Included Managers:
No. 13F File Number Name
- --- ----------------- ---------------------------------
01 28-5862 Private Asset Management, Inc.
<PAGE>
<TABLE>
<CAPTION>
Item 6:
Investment Discretion
---------------------
(b) Shared Item 8:
As Item 7: Voting Authority
Item 5: Defined Managers (Shares)
Item 3: Item 4: Shares of In (c) See ------------------
Item 1: Item 2: CUSIP Fair Market Principal (a) Instr.Shared Instr. (a) (b) (c)
Name of Issuer Title of Class Number Value Amount Sole V Other V Sole Shared None
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
QUALCOMM INC COMMON STOCK QCOM 90,405,706 477,863 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTEL CORP COMMON STOCK INTC 15,214,141 204,732 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MCI WORLDCOM INC. COMMON STOCK WCOM 14,410,219 200,490 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
E M C CORP MASS COMMON STOCK EMC 13,376,674 187,414 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOME DEPOT INC COMMON STOCK HD 12,692,709 184,958 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ORACLE CORPORATION COMMON STOCK ORCL 11,803,610 259,420 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BOEING CO COMMON STOCK BA 11,609,378 272,361 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MOTOROLA INC COMMON STOCK MOT 11,343,272 128,901 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HEWLETT-PACKARD CO. COMMON STOCK HWP 10,815,676 119,181 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
A T & T CORPORATION COMMON STOCK T 10,653,243 244,902 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CITIGROUP INC COMMON STOCK C 10,540,024 239,546 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ENRON CORP COMMON STOCK ENE 10,430,203 254,008 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BOSTON GROUP LLC 10.00% 7/31/9 OTHER ASSETS 5446403 10,000,000 100,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MERCK & CO INC COMMON STOCK MRK 9,934,350 153,278 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANK ONE CORP COMMON STOCK ONE 9,681,217 278,096 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTERNATIONAL BUS MACH COMMON STOCK IBM 8,780,040 72,562 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHEVRON CORPORATION COMMON STOCK CHV 8,652,237 97,490 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIRST UN CORP COMMON STOCK FTU 8,203,903 230,285 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LUCENT TECHNOLOGIES INC. COMMON STOCK LU 8,027,304 123,735 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SBC COMMUNICATIONS INC. COMMON STOCK SBC 7,417,266 145,259 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KERR-MCGEE CORP COMMON STOCK KMG 7,190,612 130,590 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENERAL MTRS CORP COMMON STOCK GM 7,188,280 114,213 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS SWVXX 6,769,843 6,769,843 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EXXON CORP COMMON STOCK XON 6,194,086 81,501 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DU PONT E I DE NEMOURS COMMON STOCK DD 6,186,429 102,255 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MINNESOTA MNG & MFG CO COMMON STOCK MMM 5,701,309 59,350 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MBNA CORP COMMON STOCK KRB 5,174,103 226,810 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DELL COMPUTER CORP. COMMON STOCK DELL 4,659,585 111,440 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JOHNSON & JOHNSON COMMON STOCK JNJ 4,640,147 50,505 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LORAL SPACE & COMMUNICATIONS COMMON STOCK LOR 4,493,259 261,426 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BAKER HUGHES INC COMMON STOCK BHI 4,377,347 150,943 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DYCOM INDUSTRIES INC COMMON STOCK DY 4,274,859 101,330 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
STERLING COMMERCE INC COMMON STOCK SE 4,184,489 225,427 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENERAL ELEC CO COMMON STOCK GE 4,181,497 35,268 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHWEST GAS CORP. COMMON STOCK SWX 3,757,916 139,505 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ELECTRONIC DATA SYSTEMS CORP COMMON STOCK EDS 3,745,646 70,756 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MCDONALDS CORP COMMON STOCK MCD 3,609,457 83,456 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SEMPRA ENERGY COMMON STOCK SRE 3,577,232 171,879 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHECKPOINT SYS INC COMMON STOCK CKP 3,558,036 382,071 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MONSANTO CO COMMON STOCK MTC 3,189,570 89,375 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHASE MANHATTAN CORP COMMON STOCK CMB 3,180,750 42,199 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GTE CORP COMMON STOCK GTE 3,012,159 39,183 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EG&G INC. COMMON STOCK EGG 2,906,719 73,125 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ATLANTIC RICHFIELD CO COMMON STOCK ARC 2,781,939 31,390 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHWEST AIRLS CO COMMON STOCK LUV 2,705,516 178,141 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LEAP WIRELESS INTL INC COMMON STOCK LWIN 2,528,553 107,598 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OCCIDENTAL PETE CP DEL COMMON STOCK OXY 2,452,776 106,066 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BEAR STEARNS COMPANIES INC. COMMON STOCK BSC 2,441,704 63,524 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
UNION CARBIDE CORP COMMON STOCK UK 2,318,859 40,816 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WASHINGTON MUTUAL INC COMMON STOCK WM 2,172,836 74,285 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRISTOL MYERS SQUIBB COMMON STOCK BMY 2,142,585 31,742 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CISCO SYS INC COMMON STOCK CSCO 2,068,462 30,169 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALLIEDSIGNAL INC COMMON STOCK ALD 2,036,377 33,975 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ST JUDE MED INC COMMON STOCK STJ 1,991,241 63,214 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MICROSOFT CORP COMMON STOCK MSFT 1,934,415 21,360 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN HOME PRODS CP COMMON STOCK AHP 1,932,945 46,577 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AXA-SPONS ADR FOREIGN STOCK AXA 1,912,780 29,975 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COSTCO WHOLESALE CORP COMMON STOCK COST 1,812,672 25,176 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ARCHER DANIELS MIDLAND COMMON STOCK ADM 1,724,005 142,186 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANK OF AMERICA CORP COMMON STOCK BAC 1,625,306 29,186 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TELEFONOS DE MEXICO SA FOREIGN STOCK TMX 1,618,301 22,713 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN EXPRESS CO COMMON STOCK AXP 1,569,312 11,625 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SANTA FE INTERNATIONAL CORP COMMON STOCK SDC 1,433,475 66,480 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
P G & E CORPORATION COMMON STOCK PCG 1,203,808 46,524 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
VODAFONE AIRTOUCH PLC - SP ADR FOREIGN STOCK VOD 1,173,296 4,935 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GILLETTE CO COMMON STOCK G 1,111,199 32,743 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BERKSHIRE HATHAWAY INC (1/10 S COMMON STOCK BRK 1,100,000 200 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LILLY ELI & CO COMMON STOCK LLY 1,084,416 16,894 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHLUMBERGER LTD COMMON STOCK SLB 1,062,740 17,055 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FULLER (H.B.) CO COMMON STOCK FULL 1,054,964 17,330 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
UNION PACIFIC CORP COMMON STOCK UNP 1,034,065 21,515 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ABBOTT LABS COMMON STOCK ABT 1,003,623 27,356 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DAYTON HUDSON CORP COMMON STOCK DH 980,941 16,332 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PFIZER INC COMMON STOCK PFE 962,724 26,836 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHERN CO COMMON STOCK SO 927,257 36,010 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SIERRA PAC RES COMMON STOCK SRP 927,135 41,669 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CORNING INC COMMON STOCK GLW 925,388 13,497 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CABLE & WIRELESS PLC - SPONS A FOREIGN STOCK CWP 883,609 26,675 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BELL ATLANTIC CORP COMMON STOCK BEL 870,351 12,930 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GOLDMAN SACHS GROUP INC COMMON STOCK GS 844,850 13,850 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EDISON INTERNATIONAL COMMON STOCK EIX 838,781 34,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALCATEL SA FOREIGN STOCK ALA 828,504 29,856 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PPG INDUSTRIES INC COMMON STOCK PPG 825,900 13,765 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN INTERNATIONAL GROUP COMMON STOCK AIG 819,908 9,431 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PHARMACIA & UPJOHN COMMON STOCK PNU 819,507 16,514 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COMPUTER NETWORK TECH CORP COMMON STOCK CMNT 784,857 84,280 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EQUITABLE RESOURCES INC COMMON STOCK EQT 782,152 20,685 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WARNER-LAMBERT CO COMMON STOCK WLA 758,865 11,433 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DELPHI AUTOMOTIVE SYSTEMS COMMON STOCK DPH 744,400 46,344 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BMC SOFTWARE INC COMMON STOCK BMCS 726,789 10,156 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COMPUWARE CORP COMMON STOCK CPWR 720,628 27,650 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MOBIL CORP COMMON STOCK MOB 714,922 7,096 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TEXAS INSTRUMENTS INC. COMMON STOCK TXN 704,882 8,570 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOECHST AG - SPONSORED ADR FOREIGN STOCK HOE 692,737 15,925 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ILLINOIS TOOL WORKS COMMON STOCK ITW 686,273 9,204 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HEINZ H J CO COMMON STOCK HNZ 669,123 15,561 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KINDER MORGAN ENERGY COMMON STOCK ENP 662,248 15,290 X None X
PARTNERS
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SECURITY CAPITAL GROUP - B COMMON STOCK SCZ 660,937 45,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIRSTENERGY CORP COMMON STOCK FE 660,530 26,095 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALLIANCE CAPITAL MGMT - LP COMMON STOCK AC 633,806 23,100 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BELLSOUTH CORP COMMON STOCK BLS 630,720 14,016 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COCA COLA CO COMMON STOCK KO 595,900 12,350 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PALL CORP COMMON STOCK PLL 593,020 25,575 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ROYAL DUTCH PETRO-NY SHARES FOREIGN STOCK RD 579,876 9,818 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MERRILL LYNCH & CO INC COM COMMON STOCK MER 562,985 8,356 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BAXTER INTL INC COMMON STOCK BAX 557,252 9,249 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MEDTRONIC INC COMMON STOCK MDT 554,562 15,594 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TYCO INTERNATIONAL LTD COMMON STOCK TYC 553,936 5,365 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WAL MART STORES INC COMMON STOCK WMT 552,416 11,615 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOT TOPIC INC COMMON STOCK HOTT 541,621 19,876 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PUBLIC SVC ENTERPRISE COMMON STOCK PEG 526,690 13,636 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHERING PLOUGH CORP COMMON STOCK SGP 518,645 11,889 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ADVANCED REMOTE COMM. COMMON STOCK BTRK 507,540 213,701 X None X
SOLUTION
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TELLABS INC. COMMON STOCK TLAB 466,090 8,186 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KOHLS CORP COMMON STOCK KSS 444,162 6,717 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EL PASO NAT GAS CO COMMON STOCK EPG 442,347 10,990 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANCO BILBAO VIZCAYA SPONSORED FOREIGN STOCK BBV 425,184 32,550 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WEYERHAEUSER CO COM COMMON STOCK WY 423,544 7,350 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HARTFORD FINANCIAL SVCS GRP COMMON STOCK HIG 411,284 10,062 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERITECH CORP NEW COMMON STOCK AIT 394,225 5,906 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
NOKIA CORP. - SPON ADR FOREIGN STOCK NOK 392,574 4,368 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SUN MICROSYSTEMS COMMON STOCK SUNW 385,578 4,146 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COLGATE-PALMOLIVE CO. COMMON STOCK CL 370,117 8,090 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMGEN INC COMMON STOCK AMGN 358,600 4,400 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MASCO CORP COMMON STOCK MAS 351,788 11,348 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AON CORP COMMON STOCK AOC 348,098 11,775 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
STAPLES INC COMMON STOCK SPLS 336,327 15,419 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FORD MTR CO DEL COMMON STOCK F 332,404 6,615 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRITISH PETROLEUM PLC-ADR FOREIGN STOCK BPA 326,675 2,948 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CONSOLIDATE EDISON INC COMMON STOCK ED 319,218 7,692 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PROCTER & GAMBLE CO COM COMMON STOCK PG 318,750 3,400 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SAFESKIN CORP COM COMMON STOCK SFSK 311,945 37,955 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BIOGEN INC COMMON STOCK BGEN 311,467 3,952 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LONGS DRUG STORES CORP COMMON STOCK LDG 308,250 10,318 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ELAN PLC FOREIGN STOCK ELN 305,419 9,100 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CARNIVAL CORP CL A COMMON STOCK CCL 304,413 6,998 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WACHOVIA CORP COMMON STOCK WB 302,706 3,850 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FEDERAL NATL MTG ASSN COMMON STOCK FNM 299,772 4,782 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TRIBUNE CO COMMON STOCK TRB 298,500 6,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ARCHSTONE COMMUNITIES TRUST COMMON STOCK ASN 296,250 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KIMBERLY-CLARK CORP COMMON STOCK KMB 292,288 5,541 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WALT DISNEY HOLDING COMMON STOCK DIS 286,924 11,036 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
QWEST COMMUNICATIONS INTL COMMON STOCK QWST 282,588 9,559 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENETRONICS BIOMEDICAL LTD FOREIGN STOCK GEB 281,797 79,101 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PROLOGIS TRUST 7.00% PFD SER PREFERRED STOCK PLD.PR.B 269,222 11,045 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MINNTECH CORP COMMON STOCK MNTX 268,570 26,202 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DIAGNOSTIC PRODUCTS COMMON STOCK DP 268,125 10,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
S & P 500 DEPOSITARY RECEIPT COMMON STOCK SPY 266,384 2,069 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EATON CORP COMMON STOCK ETN 264,116 3,060 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WILLIAMS COS INC DEL COMMON STOCK WMB 260,102 6,913 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIAT SPA - SPON ADR FOREIGN STOCK FIA 256,575 7,775 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
NORFOLK SOUTHERN CORP COM COMMON STOCK NSC 255,412 10,425 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KIMCO REALTY CORP COMMON STOCK KIM 251,251 7,028 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN GENERAL CORP COMMON STOCK AGC 251,039 3,969 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ENSCO INTERNATIONAL INC COMMON STOCK ESV 250,166 13,850 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GLAXO WELLCOME PLC - ADR FOREIGN STOCK GLX 249,600 4,800 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HALLIBURTON CO COMMON STOCK HAL 248,050 6,050 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TETRA TECH INC NEW COMMON STOCK WATR 247,576 14,836 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTERPUBLIC GROUP COS INC. COMMON STOCK IPG 242,637 5,900 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PEP BOYS-MANNY MOE & JACK COMMON STOCK PBY 238,372 16,025 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICA ONLINE INC. COMMON STOCK AOL 236,534 2,273 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHWAB CHARLES CP NEW COM COMMON STOCK SCH 227,385 6,800 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BIOMET INC COM COMMON STOCK BMET 226,287 8,600 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TEXACO INC COMMON STOCK TX 219,107 3,471 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MORGAN J P & CO INC COMMON STOCK JPM 214,333 1,876 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MUNIYIELD CALIF INSD FD II CLOSED END MCA 213,281 16,250 X None X
INCOME FUNDS NON-
TAXABLE
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK BRKB 211,584 114 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN ELEC PWR INC COMMON STOCK AEP 210,892 6,180 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
VITESSE SEMICONDUCTOR CORP COMMON STOCK VTSS 208,656 2,444 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRITISH TELECOM PLC -SPON ADR FOREIGN STOCK BTY 208,391 1,345 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WESTCORP INC COMMON STOCK WES 188,795 12,639 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TERAGLOBAL COMMUNICATIONS CO COMMON STOCK TGCC 168,094 16,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AIRTRAN HOLDINGS INC COMMON STOCK AAIR 163,593 32,515 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SAFETY 1ST INC COMMON STOCK SAFT 141,956 20,100 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MUNIYIELD CALIFORNIA FUND CLOSED END MYC 139,105 10,352 X None X
INCOME FUNDS NON-
TAXABLE
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JOHN HANCOCK BANK & THRIFT OPP COMMON STOCK BTO 134,640 15,840 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
NEOGEN CORP COMMON STOCK NEOG 128,125 20,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OFFICE DEPOT INC COMMON STOCK ODP 118,534 11,289 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOMESTEAD VILLAGE INC COMMON STOCK HSD 117,802 41,885 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
IMAGEWARE SOFTWARE COMMON STOCK 2239667 84,000 21,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BORDEN CHEMS&PLASTIC L COMMON STOCK BCU 66,000 16,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTERLINQ SOFTWARE CORP COMMON STOCK INLQ 56,250 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KAPLAN GABRIEL 10.50% 3/1/03 OTHER ASSETS 6837193 50,000 50,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIRST COMMUNITY BK OF DESERT COMMON STOCK FCDE 48,000 12,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JENKON INTERNATIONAL INC COMMON STOCK JNKN 43,281 31,477 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOFTLINK INC COMMON STOCK SFLK 24,375 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TAT TECHNOLOGIES LTD COMMON STOCK TATTF 20,312 12,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
UC'NWIN SYSTEMS CORPORATION COMMON STOCK UCNS 4,600 62,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AIM SMART CORPORATION COMMON STOCK AIMS 2,375 19,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OPTOMEDIC MEDICAL TECH LTD COMMON STOCK KPLFE 1,876 20,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WASTEMASTERS INC COMMON STOCK WASTE 1,050 16,800 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LONE STAR INTL ENERGY INC COMMON STOCK LNST 692 57,667 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CODED COMMUNICATIONS CORP COMMON STOCK CODDE 162 18,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHICAGO PIZZA COMMON STOCK 16789410 - 37,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WASH DEPOT HOLDINGS COMMON STOCK 3768156 - 100,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HILLS STORES CO 12.5%XXX POSS. OTHER ASSETS 431DEF9C - 100,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COLUMN TOTALS 498,806,387
- ------------------------------ -----------
</TABLE>
