<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
ANSYS, Inc. COM 03662Q105 839 85000.00 SH
SOLE 85000.00
AT & T Corp. COM 001957109 598 13740.00 SH
SOLE 13740.00
ATMI, Inc. COM 00207R101 1306 35000.00 SH
SOLE 35000.00
Action Performance Co., Inc. COM 004933107 1011 48000.00 SH
SOLE 48000.00
Alcoa, Inc. COM 013817101 472 7600.00 SH
SOLE 7600.00
Altera Corp. COM 021441100 1041 24000.00 SH
SOLE 24000.00
American Aircarriers Support, COM 023758105 630 72000.00 SH
SOLE 72000.00
American Express Co. COM 025816109 722 5346.00 SH
SOLE 5346.00
American Home Products Corp. COM 026609107 349 8400.00 SH
SOLE 8400.00
American Management Systems, I COM 027352103 831 32400.00 SH
SOLE 32400.00
Applied Materials, Inc. COM 038222105 1165 15000.00 SH
SOLE 15000.00
Applied Science & Technology,I COM 038236105 928 45000.00 SH
SOLE 45000.00
Arguss Holdings, Inc. COM 040282105 514 34870.00 SH
SOLE 34870.00
AstroPower, Inc. COM 04644A101 732 61000.00 SH
SOLE 61000.00
BB&T Corp. COM 054937107 544 16800.00 SH
SOLE 16800.00
BFC Financial Corp. Cl A COM 055384200 211 41250.00 SH
SOLE 41250.00
BFC Financial Corp. Cl B COM 055384101 75 15000.00 SH
SOLE 15000.00
BP Amoco PLC COM 055622104 543 4896.00 SH
SOLE 4896.00
Barrett Resources Corporation COM 068480201 813 22000.00 SH
SOLE 22000.00
Barrick Gold Corp. COM 067901108 522 24000.00 SH
SOLE 24000.00
Bestfoods COM 126149103 505 10400.00 SH
SOLE 10400.00
Biotime Inc. COM 09066L105 127 14000.00 SH
SOLE 14000.00
C-COR.net Corporation COM 125010108 759 25000.00 SH
SOLE 25000.00
C-Cube Microsystems, Inc. COM 125015107 217 5000.00 SH
SOLE 5000.00
CMGI,Inc. COM 125750109 2232 21776.00 SH
SOLE 21776.00
Cavalier Homes, Inc. COM 149507105 271 54125.00 SH
SOLE 54125.00
Cerner Corp. COM 156782104 534 35000.00 SH
SOLE 35000.00
Charming Shoppes, Inc. COM 161133103 1612314588.00 SH
SOLE 314588.00
Cheap Tickets, Inc. COM 162672109 388 12000.00 SH
SOLE 12000.00
Ciprico, Inc. COM 172529109 756 68000.00 SH
SOLE 68000.00
Cisco Systems Inc. COM 17275R102 960 14000.00 SH
SOLE 14000.00
Colgate Palmolive Co. COM 194162103 531 11600.00 SH
SOLE 11600.00
Comcast Corp. Special-CL A (no COM 200300200 957 24000.00 SH
SOLE 24000.00
Concurrent Computer Corp. COM 206710204 681100000.00 SH
SOLE 100000.00
Conexant Systems Inc. COM 207142100 1707 23500.00 SH
SOLE 23500.00
Conoco Inc. Class B COM 208251405 2247 82087.00 SH
SOLE 82087.00
Cox Communications, Inc. COM 224044107 835 20000.00 SH
SOLE 20000.00
D & K Healthcare Resources, In COM 232861104 1782 76250.00 SH
SOLE 76250.00
DSP Communications COM 23332K106 665 35000.00 SH
SOLE 35000.00
David's Bridal, Inc. COM 238576102 491 66000.00 SH
SOLE 66000.00
DeBeers Cons Mines ADR COM 240253302 810 30000.00 SH
SOLE 30000.00
Dell Computer Corp. COM 247025109 2149 51400.00 SH
SOLE 51400.00
E. I. duPont de Nemours & Co., COM 263534109 5561 91916.00 SH
SOLE 91916.00
Electronics Boutique Holdings COM 286045109 875 34000.00 SH
SOLE 34000.00
Endosonics Corp. COM 29264K105 1287151390.00 SH
SOLE 151390.00
FVC.com, Inc. COM 30266P100 1807128520.00 SH
SOLE 128520.00
Friedman's Inc. A COM 358438109 220 25000.00 SH
SOLE 25000.00
Gene Logic Inc. COM 368689105 600 95000.00 SH
SOLE 95000.00
General Electric Co. COM 369604103 3388 28572.00 SH
SOLE 28572.00
H. J. Heinz, Co. COM 423074103 258 6000.00 SH
SOLE 6000.00
Hastings Entertainment, Inc. COM 418365102 694 80500.00 SH
SOLE 80500.00
IGEN International, Inc. COM 449536101 5117205200.00 SH
SOLE 205200.00
Information Resources Engineer COM 45675F303 502 24000.00 SH
SOLE 24000.00
Insight Enterprises, Inc. COM 45765U103 2402 73908.00 SH
SOLE 73908.00
Interphase Corp COM 460593106 935 40000.00 SH
SOLE 40000.00
Johnson & Johnson COM 478160104 1441 15686.00 SH
SOLE 15686.00
KLA-Tencor Corp. COM 482480100 715 11000.00 SH
SOLE 11000.00
Kent Electronics Corp. COM 490553104 209 11300.00 SH
SOLE 11300.00
Koala Corporation COM 499866101 914 29730.00 SH
SOLE 29730.00
Lazare Kaplan International COM 521078105 593 73600.00 SH
SOLE 73600.00
Levcor International, Inc. COM 52729D102 80 40000.00 SH
SOLE 40000.00
Level 8 Systems, Inc. COM 52729M102 1747138365.00 SH
SOLE 138365.00
Lowes Companies Inc. COM 548661107 1061 21770.00 SH
SOLE 21770.00
Lucent Technologies Inc. COM 549463107 1187 18300.00 SH
SOLE 18300.00
Markel Corp. COM 570535104 5717 31400.00 SH
SOLE 31400.00
Merck & Co. COM 589331107 5345 82472.00 SH
SOLE 82472.00
Meridian Gold Inc. COM 589975101 817120000.00 SH
SOLE 120000.00
Metro One Telecommunications COM 59163F105 1055 55000.00 SH
SOLE 55000.00
Minnesota Mng. & Mfg. Co. COM 604059105 320 3330.00 SH
SOLE 3330.00
Nabors Industries,Inc. COM 629568106 875 35000.00 SH
SOLE 35000.00
National Semiconductor Corp. COM 637640103 550 18000.00 SH
SOLE 18000.00
Nematron Corp. COM 640441101 65801493425.00SH
SOLE 1493425.00
Newbridge Networks Corp. COM 650901101 1042 40000.00 SH
SOLE 40000.00
Nextel Communications COM 65332V103 678 10000.00 SH
SOLE 10000.00
Nokia Corp. ADR 'A' COM 654902204 981 10920.00 SH
SOLE 10920.00
Nortel Networks Corp. COM 656569100 1173 23000.00 SH
SOLE 23000.00
Northern Bank of Commerce COM 66476P100 41 10000.00 SH
SOLE 10000.00
Novell COM 670006105 1789 86500.00 SH
SOLE 86500.00
Novellus Systems Inc. COM 670008101 742 11000.00 SH
SOLE 11000.00
Open Market, Inc. COM 68370M100 656 50000.00 SH
SOLE 50000.00
Ortel Corp. COM 68749W102 883 57000.00 SH
SOLE 57000.00
P.H. Glatfelter Co. COM 377316104 822 50000.00 SH
SOLE 50000.00
PairGain Technologies, Inc. COM 695934109 1020 80000.00 SH
SOLE 80000.00
Parametric Technology COM 699173100 783 58000.00 SH
SOLE 58000.00
Penn Virginia Corp. COM 707882106 1062 51170.00 SH
SOLE 51170.00
Pep Boys-Manny, Moe & Jack COM 713278109 647 43500.00 SH
SOLE 43500.00
Pepsico Inc. COM 713448108 1038 34024.00 SH
SOLE 34024.00
Philadelphia Consolidated Hold COM 717528103 2563189830.00 SH
SOLE 189830.00
Placer Dome, Inc. COM 725906101 1093 73500.00 SH
SOLE 73500.00
Plains Resources, Inc. COM 726540503 1215 68000.00 SH
SOLE 68000.00
Polycom, Inc. COM 73172K104 2831 59410.00 SH
SOLE 59410.00
Procter & Gamble Co. COM 742718109 214 2286.00 SH
SOLE 2286.00
Qualcomm, Inc. COM 747525103 1324 7000.00 SH
SOLE 7000.00
Quixote Corporation COM 749056107 1200 80000.00 SH
SOLE 80000.00
Radisys Corp. COM 750459109 825 21007.00 SH
SOLE 21007.00
RailAmerica Inc. COM 750753105 2079210500.00 SH
SOLE 210500.00
Reeds Jewelers Inc. COM 758341101 257 85600.00 SH
SOLE 85600.00
Royal Gold, Inc. COM 780287108 400 80000.00 SH
SOLE 80000.00
Science Dynamics Corp. COM 808631105 59 50000.00 SH
SOLE 50000.00
Sonat COM 835415100 254 6400.00 SH
SOLE 6400.00
Steiner Leisure Ltd. COM P8744Y102 1777 71086.00 SH
SOLE 71086.00
Sun Microsystems, Inc. COM 866810104 376 4040.00 SH
SOLE 4040.00
SurModics, Inc. COM 868873100 297 20000.00 SH
SOLE 20000.00
Symmetricom Inc. COM 871543104 487 65000.00 SH
SOLE 65000.00
Systems & Computer Technology COM 871873105 924 73518.00 SH
SOLE 73518.00
T J International, Inc. COM 872534102 859 34180.00 SH
SOLE 34180.00
Tekelec COM 879101103 879 63602.00 SH
SOLE 63602.00
Telespectrum Worldwide Inc. COM 87951U109 657110635.00 SH
SOLE 110635.00
Teradyne Inc. COM 880770102 705 20000.00 SH
SOLE 20000.00
Texas Instruments COM 882508104 954 11600.00 SH
SOLE 11600.00
Thoratec Lab. COM 885175307 76 10000.00 SH
SOLE 10000.00
Tiffany and Company COM 886547108 839 14000.00 SH
SOLE 14000.00
Time Warner Telecom,Inc. COM 887319101 584 28000.00 SH
SOLE 28000.00
Tollgrade Communications COM 889542106 873 32500.00 SH
SOLE 32500.00
Tredegar Corp. COM 894650100 883 41324.00 SH
SOLE 41324.00
Troy Group, Inc. COM 89733N106 945125000.00 SH
SOLE 125000.00
Tyco International COM 902124106 723 7000.00 SH
SOLE 7000.00
U.S. Concrete COM 90333L102 650 80000.00 SH
SOLE 80000.00
USWeb Corp. COM 917327108 858 25000.00 SH
SOLE 25000.00
Union Pacific Corp. COM 907818108 500 10398.00 SH
SOLE 10398.00
Unisys Corp. COM 909214108 496 11000.00 SH
SOLE 11000.00
United Technologies Corp. COM 913017109 423 7136.00 SH
SOLE 7136.00
Vastar Resources, Inc. COM 922380100 626 10000.00 SH
SOLE 10000.00
WLR Foods, Inc. COM 929286102 388 56500.00 SH
SOLE 56500.00
Wal-Mart Stores COM 931142103 1141 24000.00 SH
SOLE 24000.00
Whitehall Jewellers, Inc. COM 965063100 2616 91000.00 SH
SOLE 91000.00
Williams Control, Inc. COM 969465103 99 40000.00 SH
SOLE 40000.00
Wilmington Trust Corp. COM 971807102 1165 24000.00 SH
SOLE 24000.00
Xilinx Inc. COM 983919101 300 4580.00 SH
SOLE 4580.00
Zale Corp. COM 988858106 1111 29000.00 SH
SOLE 29000.00
</TABLE>
