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FORM 13F
title voting authority
of value shares/ sh/ put/ invstmt other
name of issuer class cusip (x$1000)prn amt prn call dscretn managers sole shared none
- --------------------- ----- ---------- ------ ----- ------ ------- ------- ------- ------ ------ -------
CISCO SYSTEMS INC. common 17275R102 11,366 165779 sole 6,750 159,029
INTL. BUSINESS MACH common 459200101 7,850 64877 sole 2,200 62,677
MERCK & CO. INC. common 589331107 6,061 93514 sole 7,200 86,314
GENERAL ELECTRIC common 369604103 5,987 50497 sole 5,400 45,097
TANDY CORP. common 875382103 3,920 75850 sole 3,200 72,650
G T E CORP. common 362320103 3,840 49950 sole 1,500 48,450
AMERICAN INTL. GROUP common 026874107 3,787 43556 sole 43,556
BRISTOL-MYERS SQUIBB common 110122108 3,767 55800 sole 10,000 45,800
FEDERAL NATIONAL common 313586109 3,548 56600 sole 56,600
AMERICAN TEL. & TEL. common 001957109 3,203 73625 sole 2,850 70,775
MCDONALDS CORP. common 580135101 2,986 69050 sole 69,050
XEROX CORP. common 984121103 2,967 70750 sole 1,000 69,750
LILLY ELI & CO. common 532457108 2,733 42575 sole 42,575
INTEL CORP. common 458140100 2,707 36425 sole 36,425
MILLIPORE CORP common 601073109 2,696 71782 sole 1,700 70,082
BEST FOODS common 08658U101 2,678 55150 sole 3,000 52,150
BANK OF NEW YORK common 064057102 2,585 77300 sole 5,000 72,300
MCI WORLDCOM INC. common 55268b106 2,248 31275 sole 31,275
LOWES COS common 548661107 2,204 45200 sole 45,200
LUCENT TECH INC. common 549463107 2,095 32300 sole 32,300
TIFFANY & CO. NEW common 886547108 2,020 33700 sole 33,700
FLEXTRONICS INTL common y2573f102 1,865 32050 sole 32,050
COORS ADOLPH CO CLB common 217016104 1,686 31150 sole 31,150
EL PASO ENERGY CORP. common 283905107 1,634 40590 sole 3,000 37,590
BURLINGTON RESOURCES common 122014103 1,617 44000 sole 44,000
COMPUTER SCIENCES common 205363104 1,617 23000 sole 400 22,600
AMERICA ONLINE INC. common 02364j104 1,545 14850 sole 14,850
BELLSOUTH CORP. common 079860102 1,518 33734 sole 3,400 30,334
WELLS FARGO & CO. common 949746101 1,494 37700 sole 2,700 35,000
APPLIED MATERIALS INC. common 038222105 1,431 18425 sole 18,425
ELECTRONIC ARTS common 285512109 1,390 19200 sole 19,200
ETHAN ALLEN INTERIORS common 297602104 1,376 43250 sole 2,100 41,150
STAPLES, INC. common 855030102 1,356 62150 sole 62,150
ABERCROMBIE & FITCH A common 002896207 1,335 39200 sole 600 38,600
CBS CORP. common 12490K107 1,318 28500 sole 900 27,600
HONEYWELL INC. common 438506107 1,288 11575 sole 11,575
FURNITURE BRANDS common 360921100 1,282 65100 sole 2,200 62,900
SAFEWAY INC COM NEW common 786514208 1,237 32500 sole 500 32,000
PFIZER INC. common 717081103 1,229 34260 sole 34,260
SYBRON INTL CORP common 87114F106 1,156 43000 sole 43,000
DUKE ENERGY common 264399106 1,126 20425 sole 1,700 18,725
HAVERTY FURNITURE common 419596101 1,118 77100 sole 77,100
PROCTER & GAMBLE common 742718109 1,041 11100 sole 11,100
JOHNSON & JOHNSON common 478160104 1,006 10950 sole 10,950
TELEFONOS DE MEXICO ADS common 879403780 1,636 18460 sole 18,460
APACHE CORP. common 037411105 987 22850 sole 22,850
WILEY JOHN & SONS common 968223206 946 60300 sole 60,300
BAUSCH & LOMB INC. common 071707103 936 14200 sole 14,200
GENZYME common 372917104 933 20700 sole 20,700
CNF TRANSPORTATION common 12612W104 924 24800 sole 24,800
CONVERGYS CORP common 212485106 802 40500 sole 40,500
PEPSI BOTTLING GROUP common 713409100 768 45000 sole 45,000
DAYTON HUDSON common 239753106 736 12250 sole 12,250
CLEAR CHANNEL COMMUN common 184502102 662 8293 sole 8,293
BP AMOCO common 08658U101 534 4823 sole 4,823
COCA COLA common 191216100 526 10900 sole 8,000 2,900
SCHLUMBERGER common 806857108 441 7075 sole 7,075
WAL MART STORES INC. common 931142103 433 9100 sole 9,100
DISNEY WALT PRODTNS. common 254687106 421 16200 sole 16,200
WASHINGTON GAS LT CO. common 938837101 393 14500 sole 4,000 10,500
MOBIL OIL CORP. common 607059102 391 3882 sole 3,882
VODAFONE AIRTOUCH common 92857t107 369 1550 sole 1,550
ROYAL DUTCH PTLM CO. common 780257804 363 6150 sole 1,800 4,350
ANHEUSER-BUSCH common 035229103 345 4922 sole 4,922
WILLIAMS COS INC. common 969457100 335 8900 sole 8,900
NORTHERN TRUST common 665859104 334 4000 sole 4,000
SCHERING-PLOUGH CORP common 806605101 327 7500 sole 500 7,000
GEORGIA PAC PREMIUM common 373298801 321 7250 sole 7,250
PEPSICO INC. common 713448108 320 10500 sole 10,500
MELLON BANK CORP. common 585509102 306 9100 sole 9,100
KANSAS CITY SOUTHERN common 485170104 279 6000 sole 6,000
ENERGY EAST CORP. common 29266m109 261 11000 sole 5,000 6,000
CORNERSTONE PPTYS common 21922h103 256 16800 sole 16,800
BANK ONE CORP. common 06423a103 241 6920 sole 6,920
U S WEST INC NEW COM common 91273H101 237 4160 sole 4,160
CITIGROUP common 172967101 233 5300 sole 5,300
MEDIAONE GROUP INC common 58440j104 232 3400 sole 3,400
COMPAQ COMPUTER common 204493100 224 9800 sole 9,800
HELMERICH & PAYNE INC. common 423452101 223 8800 sole 8,800
ENTERGY CORP. common 29364g103 217 7500 sole 5,500 2,000
CINCINNATTI BELL common 171870108 208 10700 sole 3,500 7,200
CVS CORPORATION common 126650100 206 5050 sole 5,050
WATERS CORPORATION common 941848103 206 3400 sole 3,400
PURCHASESOFT INC. common 746145101 4 12500 sole 12,500
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