UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/1999
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 12/31/1999
--------------------- -------------- ---------
[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: 200
Form 13F Information Table Value Total: $ 826,653,476
(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 328,611,383 1,865,785 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ORACLE CORPORATION COMMON STOCK ORCL 28,967,820 258,497 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
E M C CORP MASS COMMON STOCK EMC 22,596,068 206,829 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTEL CORP COMMON STOCK INTC 19,741,278 239,833 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MCI WORLDCOM INC. COMMON STOCK WCOM 19,471,815 366,960 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOME DEPOT INC COMMON STOCK HD 18,504,045 269,150 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MOTOROLA INC COMMON STOCK MOT 17,789,334 120,810 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CITIGROUP INC COMMON STOCK C 15,615,165 280,407 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
A T & T CORPORATION COMMON STOCK T 15,444,117 303,943 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HEWLETT-PACKARD CO. COMMON STOCK HWP 13,817,667 121,474 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MERCK & CO INC COMMON STOCK MRK 12,404,949 184,632 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ENRON CORP COMMON STOCK ENE 11,625,496 261,983 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LUCENT TECHNOLOGIES INC. COMMON STOCK LU 10,716,616 142,888 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
STERLING COMMERCE INC COMMON STOCK SE 9,413,648 276,872 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BOEING CO COMMON STOCK BA 9,089,537 219,355 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENERAL MTRS CORP COMMON STOCK GM 8,077,253 111,123 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANK ONE CORP COMMON STOCK ONE 8,039,296 251,228 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTERNATIONAL BUS MACH COMMON STOCK IBM 8,023,463 74,377 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHEVRON CORPORATION COMMON STOCK CHV 8,018,963 92,571 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CISCO SYS INC COMMON STOCK CSCO 7,643,797 71,354 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LORAL SPACE &
COMMUNICATIONS COMMON STOCK LOR 7,598,167 312,521 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS SWVXX 7,436,903 7,436,903 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SBC COMMUNICATIONS INC. COMMON STOCK SBC 7,334,472 150,451 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MBNA CORP COMMON STOCK KRB 7,333,084 269,104 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EXXON MOBIL CORP COMMON STOCK XOM 7,259,258 90,107 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIRST UN CORP COMMON STOCK FTU 7,002,936 212,613 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DU PONT E I DE NEMOURS COMMON STOCK DD 6,244,752 94,797 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DELL COMPUTER CORP. COMMON STOCK DELL 6,161,871 120,821 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KERR-MCGEE CORP COMMON STOCK KMG 6,148,230 99,165 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENERAL ELEC CO COMMON STOCK GE 5,840,935 37,744 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TYCO INTERNATIONAL LTD COMMON STOCK TYC 5,419,479 138,961 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MINNESOTA MNG & MFG CO COMMON STOCK MMM 5,240,227 53,540 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DYCOM INDUSTRIES INC COMMON STOCK DY 4,991,841 113,290 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JOHNSON & JOHNSON COMMON STOCK JNJ 4,744,653 50,881 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ELECTRONIC DATA SYSTEMS
CORP COMMON STOCK EDS 4,686,027 70,006 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BMC SOFTWARE INC COMMON STOCK BMCS 4,109,427 51,408 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ST JUDE MED INC COMMON STOCK STJ 3,785,733 123,364 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LINEAR TECHNOLOGY CORP COMMON STOCK LLTC 3,651,047 51,019 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHASE MANHATTAN CORP COMMON STOCK CMB 3,304,982 42,542 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GTE CORP COMMON STOCK GTE 3,284,159 46,543 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHWEST AIRLS CO COMMON STOCK LUV 3,223,968 199,936 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COMPUTER NETWORK TECH
CORP COMMON STOCK CMNT 3,181,661 138,710 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHWEST GAS CORP. COMMON STOCK SWX 3,123,285 135,795 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SEMPRA ENERGY COMMON STOCK SRE 3,026,030 174,160 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MONSANTO CO COMMON STOCK MTC 2,887,589 81,484 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COSTCO WHOLESALE CORP COMMON STOCK COST 2,794,987 30,630 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PERKINELMER INC COMMON STOCK PKI 2,728,780 65,458 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CHECKPOINT SYS INC COMMON STOCK CKP 2,692,352 264,280 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BEAR STEARNS COMPANIES INC. COMMON STOCK BSC 2,608,620 61,020 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MICROSOFT CORP COMMON STOCK MSFT 2,590,566 22,189 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TELEFONOS DE MEXICO SA FOREIGN STOCK TMX 2,568,375 22,830 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
UNION CARBIDE CORP COMMON STOCK UK 2,565,069 38,428 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ATLANTIC RICHFIELD CO COMMON STOCK ARC 2,544,138 29,412 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HONEYWELL INTERNATIONAL
INC COMMON STOCK HON 2,481,947 43,024 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MCDONALDS CORP COMMON STOCK MCD 2,471,790 61,316 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRISTOL MYERS SQUIBB COMMON STOCK BMY 2,180,770 33,975 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AXA FINANCIAL INC COMMON STOCK AXF 2,146,161 63,122 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AXA-SPONS ADR FOREIGN STOCK AXA 2,050,125 28,875 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WASHINGTON MUTUAL INC COMMON STOCK WM 1,930,301 74,601 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN HOME PRODS CP COMMON STOCK AHP 1,913,280 48,746 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN EXPRESS CO COMMON STOCK AXP 1,905,034 11,459 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GOLDMAN SACHS GROUP INC COMMON STOCK GS 1,813,109 19,250 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN INTERNATIONAL
GROUP COMMON STOCK AIG 1,702,212 15,743 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CORNING INC COMMON STOCK GLW 1,694,110 13,139 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SANTA FE INTERNATIONAL
CORP COMMON STOCK SDC 1,673,595 64,680 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
VODAFONE AIRTOUCH PLC
- - SP ADR FOREIGN STOCK VOD 1,644,142 33,215 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BAKER HUGHES INC COMMON STOCK BHI 1,513,867 71,875 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANK OF AMERICA CORP COMMON STOCK BAC 1,395,725 27,810 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CABLE & WIRELESS
PLC - SPONS A FOREIGN STOCK CWP 1,377,698 26,025 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALCATEL SA FOREIGN STOCK ALA 1,355,670 30,126 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ABBOTT LABS COMMON STOCK ABT 1,299,334 35,782 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GILLETTE CO COMMON STOCK G 1,237,149 30,037 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALLSTATE CORP COMMON STOCK ALL 1,143,989 47,542 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOT TOPIC INC COMMON STOCK HOTT 1,140,273 49,044 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LILLY ELI & CO COMMON STOCK LLY 1,123,647 16,897 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DAYTON HUDSON CORP COMMON STOCK DH 1,119,702 15,247 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BERKSHIRE HATHAWAY INC
(1/10 S COMMON STOCK BRK 1,065,900 190 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHLUMBERGER LTD COMMON STOCK SLB 1,062,951 18,939 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MINNESOTA POWER INC COMMON STOCK MPL 1,032,103 60,936 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COMPUWARE CORP COMMON STOCK CPWR 1,013,200 27,200 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WARNER-LAMBERT CO COMMON STOCK WLA 954,244 11,646 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOUTHERN CO COMMON STOCK SO 914,197 38,902 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PFIZER INC COMMON STOCK PFE 871,948 26,881 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EDISON INTERNATIONAL COMMON STOCK EIX 858,950 32,800 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
NOKIA CORP. - SPON ADR FOREIGN STOCK NOK 834,561 4,368 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TEXAS INSTRUMENTS INC. COMMON STOCK TXN 832,328 8,614 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WAL MART STORES INC COMMON STOCK WMT 819,850 11,860 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
UNION PACIFIC CORP COMMON STOCK UNP 794,457 18,185 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ELAN CORP PLC FOREIGN STOCK ELN 772,044 26,171 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SUN MICROSYSTEMS COMMON STOCK SUNW 737,747 9,527 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BELL ATLANTIC CORP COMMON STOCK BEL 710,677 11,544 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
P G & E CORPORATION COMMON STOCK PCG 701,100 34,200 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MERRILL LYNCH & CO
INC COM COMMON STOCK MER 700,158 8,404 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PHARMACIA & UPJOHN COMMON STOCK PNU 675,000 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BELLSOUTH CORP COMMON STOCK BLS 661,929 14,140 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AVENTIS - SPONS ADR FOREIGN STOCK AVE 657,480 11,560 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PPG INDUSTRIES INC COMMON STOCK PPG 656,906 10,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EQUITABLE RESOURCES INC COMMON STOCK EQT 645,306 19,335 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ADVANCED REMOTE COMM.
SOLUTION COMMON STOCK BTRK 641,103 213,701 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BAXTER INTL INC COMMON STOCK BAX 637,484 10,149 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KINDER MORGAN ENERGY
PARTNERS OTHER ASSETS KMP 633,579 15,290 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ILLINOIS TOOL WORKS COMMON STOCK ITW 621,845 9,204 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OCCIDENTAL PETE CP DEL COMMON STOCK OXY 613,717 28,380 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMGEN INC COMMON STOCK AMGN 601,586 10,016 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MEDTRONIC INC COMMON STOCK MDT 580,887 15,942 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ROYAL DUTCH PETRO-NY
SHARES FOREIGN STOCK RD 570,135 9,414 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SECURITY CAPITAL GROUP - B COMMON STOCK SCZ 562,500 45,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TELLABS INC. COMMON STOCK TLAB 549,702 8,564 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FIRSTENERGY CORP COMMON STOCK FE 542,685 23,920 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHERING PLOUGH CORP COMMON STOCK SGP 527,430 12,447 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COLGATE-PALMOLIVE CO. COMMON STOCK CL 525,850 8,090 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COCA COLA CO COMMON STOCK KO 517,638 8,886 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SIERRA PAC RES COMMON STOCK SRP 506,811 29,169 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BANCO BILBAO VIZCAYA SPONSORED FOREIGN STOCK BBV 506,494 35,700 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HARTFORD FINANCIAL SVCS GRP COMMON STOCK HIG 502,743 10,612 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PUBLIC SVC ENTERPRISE COMMON STOCK PEG 483,372 13,885 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICA ONLINE INC. COMMON STOCK AOL 467,238 6,158 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KOHLS CORP COMMON STOCK KSS 459,762 6,369 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WEYERHAEUSER CO COM COMMON STOCK WY 459,600 6,400 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EL PASO ENERGY CORP COMMON STOCK EPG 455,659 11,740 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALLIANCE CAPITAL MGMT
HLDG LP COMMON STOCK AC 416,880 13,925 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AON CORP COMMON STOCK AOC 390,520 9,763 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SAFESKIN CORP COM COMMON STOCK SFSK 377,754 31,155 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HEINZ H J CO COMMON STOCK HNZ 372,645 9,360 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRITISH PETROLEUM PLC-ADR FOREIGN STOCK BPA 368,449 6,212 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KNIGHT/TRIMARK GROUP INC - A COMMON STOCK NITE 365,976 7,956 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FULLER (H.B.) CO COMMON STOCK FULL 352,406 6,300 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FORD MTR CO DEL COMMON STOCK F 351,756 6,598 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
INTERPUBLIC GROUP COS INC. COMMON STOCK IPG 347,394 6,022 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TRIBUNE CO COMMON STOCK TRB 330,375 6,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCI SYSTEMS INC COMMON STOCK SCI 328,750 4,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FEDERAL NATL MTG ASSN COMMON STOCK FNM 328,421 5,260 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK BRKB 323,910 177 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KIMBERLY-CLARK CORP COMMON STOCK KMB 323,327 4,941 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BRITISH TELECOM PLC -SPON ADR FOREIGN STOCK BTY 320,110 1,345 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BIOGEN INC COMMON STOCK BGEN 317,044 3,752 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ENSCO INTERNATIONAL INC COMMON STOCK ESV 316,819 13,850 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ARCHSTONE COMMUNITIES TRUST COMMON STOCK ASN 307,500 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AMERICAN GENERAL CORP COMMON STOCK AGC 304,183 4,009 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HALLIBURTON CO COMMON STOCK HAL 299,862 7,450 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ARCHER DANIELS MIDLAND COMMON STOCK ADM 298,517 24,620 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
S & P 500 DEPOSITARY RECEIPT COMMON STOCK SPY 297,862 2,028 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CARNIVAL CORP CL A COMMON STOCK CCL 292,278 6,113 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TELEFONICA SA -SPON ADR FOREIGN STOCK 87938220 289,951 3,679 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MASCO CORP COMMON STOCK MAS 280,343 11,048 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SCHWAB CHARLES CP NEW COM COMMON STOCK SCH 275,400 7,200 X None X
PREFERRED
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PROLOGIS TRUST 7.00% PFD SER STOCK PLD.PR.B 273,364 11,045 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WACHOVIA CORP COMMON STOCK WB 272,000 4,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LONGS DRUG STORES CORP COMMON STOCK LDG 266,333 10,318 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GLAXO WELLCOME PLC - ADR FOREIGN STOCK GLX 265,406 4,750 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CONSOLIDATE EDISON INC COMMON STOCK ED 265,374 7,692 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MORGAN J P & CO INC COMMON STOCK JPM 262,873 2,076 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
FLEET BOSTON FINANCIAL CORP COMMON STOCK FBF 261,337 7,507 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
ALCOA INC COMMON STOCK AA 260,205 3,135 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
GENETRONICS BIOMEDICAL LTD FOREIGN STOCK GEB 257,078 79,101 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BLACKROCK 2001 TERM TRUST CLOSED END BTM 247,905 28,131 X None X
EQUITY FUNDS
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
LEVEL 3 COMMUNICATIONS INC COMMON STOCK LVLT 245,625 3,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
DIAGNOSTIC PRODUCTS COMMON STOCK DP 245,000 10,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
YAHOO! INC. COMMON STOCK YHOO 242,305 560 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
KIMCO REALTY CORP COMMON STOCK KIM 230,350 6,800 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TETRA TECH INC NEW COMMON STOCK WATR 228,872 14,886 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MINNTECH CORP COMMON STOCK MNTX 224,282 23,302 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EATON CORP COMMON STOCK ETN 222,232 3,060 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
STAPLES INC COMMON STOCK SPLS 217,688 10,491 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AGILENT TECHNOLOGIES INC COMMON STOCK A 212,609 2,750 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
STRYKER CORP COMMON STOCK SYK 205,394 2,950 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WILLIAMS COS INC DEL COMMON STOCK WMB 204,371 6,687 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JSD UNIPHASE CORP COMMON STOCK JDSU 203,899 1,264 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
EDWARDS (A.G.) INC COMMON STOCK AGE 202,988 6,331 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
US WEST INC COMMON STOCK USW 202,248 2,809 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
PROCTER & GAMBLE CO COM COMMON STOCK PG 200,280 1,828 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OFFICE DEPOT INC COMMON STOCK ODP 192,379 17,489 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WESTCORP INC COMMON STOCK WES 183,265 12,639 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CORNERSTONE PROPERTIES INC COMMON STOCK CPP 175,500 12,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SICOR INC COMMON STOCK SCRI 152,830 19,720 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AIRTRAN HOLDINGS INC COMMON STOCK AAIR 147,335 32,515 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JOHN HANCOCK BANK & THRIFT OPP COMMON STOCK BTO 133,650 15,840 X None X
CLOSED END
INCOME FUNDS NON-
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
MUNIYIELD CALIF INSD FD II TAXABLE MCA 129,937 11,550 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
JENKON INTERNATIONAL INC COMMON STOCK JNKN 120,006 31,477 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
USA TALKS.COM INC COMMON STOCK USAT 110,532 1,178,380 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
NEOGEN CORP COMMON STOCK NEOG 107,625 20,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TERAGLOBAL COMMUNICATIONS CO COMMON STOCK TGCC 107,250 16,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SAFETY 1ST INC COMMON STOCK SAFT 94,500 12,600 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
HOMESTEAD VILLAGE INC COMMON STOCK HSD 89,006 41,885 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
IMAGEWARE SOFTWARE COMMON STOCK 2239667 84,000 21,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
BORDEN CHEMS&PLASTIC L COMMON STOCK BCU 77,000 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 46,500 12,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TAT TECHNOLOGIES LTD COMMON STOCK TATTF 41,016 12,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
SOFTLINK INC COMMON STOCK SFLK 40,312 15,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CARBITE GOLF INC COMMON STOCK CBGFF 31,350 82,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
AIM SMART CORPORATION COMMON STOCK AIMS 2,375 19,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
WINNER'S EDGE.COM INC COMMON STOCK WNNR 1,860 15,500 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
OPTOMEDIC MEDICAL TECH LTD COMMON STOCK KPLNF 390 20,000 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
TRITEAL CORP COMMON STOCK TEALE 341 10,885 X None X
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
CODED COMMUNICATIONS CORP COMMON STOCK CODDQ 18 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
- ------------------------------ ----------------- -------- ----------- --------- ---- - ----- ---- ---- ------ ----
COLUMN TOTALS 826,653,476
</TABLE>
