UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
"Washington, D.C. 20549"
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: "December 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: Stonington Management Corporation
Address: 712 Fifth Avenue, 36th floor"
" New York, NY 10019"
13F File Number: 28-5115
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that "the person signing this report is authorized
to submit it, that all information contained herein is true, correct and"
"complete, and that it is understood that all reqired items, statements,
schedules, lists, and tables, are considered" integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Paul Singer
Phone: 212-974-6000
Signature, Place, and Date of Signing:"
" Paul Singer New York, New York February 15, 2000"
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 258
Form 13F Information Table Value Total: $3,250,662,292
List of Other Included Managers:
No. 13F File Number Name
01 28-4724 ELLIOTT ASSOCIATES, L.P."
02 28-6628 WESTGATE INTERNATIONAL, L.P."
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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
- ------------------------------------------------------------------------------------------------------------------------------------
QUALCOMM INC COM 747525103 35,225,000 200,000 SH P DEFINED 01 0 200,000 0
AMERICAN REAL
ESTATE PARTNR LP DEPOSITRY UNIT 029169109 1,011,075 132,600 SH DEFINED 01 0 132,600 0
AMERITRADE HLDG
CORP SB NT CV 144A 04 03072HAA7 2,544,375 3,000 PRN DEFINED 01 0 3,000 0
AMERICA ONLINE INC
DEL COM 02364J104 51,595,000 680,000 SH P DEFINED 01 0 680,000 0
ASIA PAC FD INC COM 044901106 278,910 24,792 SH DEFINED 01 0 24,792 0
ATLANTIC RICHFIELD
CO COM 048825103 1,513,750 17,500 SH P DEFINED 01 0 17,500 0
ASHANTI GOLDFIELDS
LTD GLOB DEP RCPT 043743202 1,411,843 537,845 SH DEFINED 01 0 537,845 0
AMERICAN EXPRESS
CO COM 025816109 108,062,500 650,000 SH P DEFINED 01 0 650,000 0
BID COM INTER-
NATIONAL INC COM 088788104 292,958 69,960 SH DEFINED 01 0 69,960 0
BLACKROCK MUN
TARGET TERM TR COM 09247M105 98,125 10,000 SH DEFINED 01 0 10,000 0
BRISTOL MYERS
SQUIBB CO COM 110122108 3,209,375 50,000 SH P DEFINED 01 0 50,000 0
BRADLEES INC COM NEW 104499207 311,719 37,500 SH DEFINED 01 0 37,500 0
BRT RLTY TR SH BEN INT NEW 055645303 133,600 16,700 SH DEFINED 01 0 16,700 0
BLUEGREEN CORP COM 096231105 576,245 115,249 SH DEFINED 01 0 115,249 0
CALIFORNIA FED
BK FSB LOS ANGL 2ND CONT LITIG 130209703 9,344 14,950 SH DEFINED 01 0 14,950 0
CIENA CORP COM 171779101 2,829,000 49,200 SH DEFINED 01 0 49,200 0
CLARIFY INC COM 180492100 728,094 5,750 SH DEFINED 01 0 5,750 0
COLGATE PALMOLIVE
CO COM 194162103 6,500,000 100,000 SH P DEFINED 01 0 100,000 0
CHASE MANHATTAN
CORP NEW COM 16161A108 15,537,500 200,000 SH P DEFINED 01 0 200,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,131,250 2,500 PRN DEFINED 01 0 2,500 0
CONOCO INC CL B 208251405 1,243,750 50,000 SH DEFINED 01 0 50,000 0
CHINA PROSPERITY
INTL HLDGS SPONSORED ADR 16940W207 406,350 45,150 SH DEFINED 01 0 45,150 0
CISCO SYS INC COM 17275R102 567,431 5,300 SH DEFINED 01 0 5,300 0
CONSOLIDATED TOMOKA
LD CO COM 210226106 130,012 10,197 SH DEFINED 01 0 10,197 0
CISCO SYS INC COM 17275R102 128,550,000 1,200,000 SH P DEFINED 01 0 1,200,000 0
DELL COMPUTER
CORP COM 247025109 2,088,438 41,000 SH DEFINED 01 0 41,000 0
DELIA*S INC COM 246885107 427,750 59,000 SH DEFINED 01 0 59,000 0
DELL COMPUTER
CORP COM 247025109 17,850,000 350,000 SH P DEFINED 01 0 350,000 0
DAISYTEK INTL
CORP COM 234053106 3,629,756 155,700 SH DEFINED 01 0 155,700 0
E M C CORP MASS COM 268648102 6,555,000 60,000 SH P DEFINED 01 0 60,000 0
INTERNET CAP
GROUP INC COM 46059C106 2,380,000 14,000 SH P DEFINED 01 0 14,000 0
IXNET INC COM 46601C109 751,563 25,000 SH DEFINED 01 0 25,000 0
FEDERATED DEPT
STORES INC DEL COM 31410H101 11,690,859 231,216 SH DEFINED 01 0 231,216 0
FEDERATED DEPT
STORES INC DEL WT D EX 121901 31410H127 2,317,700 94,600 SH DEFINED 01 0 94,600 0
NEXTEL COMMUNI-
CATIONS INC CL A 65332V103 33,959,063 329,300 SH P DEFINED 01 0 329,300 0
FRANCE GROWTH
FD INC COM 35177K108 191,406 12,500 SH DEFINED 01 0 12,500 0
FRUIT OF THE
LOOM LTD ORD CL A G3682L105 349,313 243,000 SH DEFINED 01 0 243,000 0
GREATER CHINA
FD INC COM 39167B102 259,206 30,950 SH DEFINED 01 0 30,950 0
GAYLORD CONTAINER
CORP CL A 368145108 91,594 13,445 SH DEFINED 01 0 13,445 0
GENERAL ELEC CO COM 369604103 108,325,000 700,000 SH P DEFINED 01 0 700,000 0
GOLDEN ST BANCORP
INC WT EXP 082100 381197128 243,138 36,700 SH DEFINED 01 0 36,700 0
GOLDEN ST BANCORP
INC WT EXP 000000 381197136 1,541,925 1,762,200 SH DEFINED 01 0 1,762,200 0
GREENWICH STR MUN
FD INC COM 39701A107 1,218,750 125,000 SH DEFINED 01 0 125,000 0
GOLDEN STAR RES
LTD CDA COM 38119T104 41,672 44,450 SH DEFINED 01 0 44,450 0
GANTOS INC NEW COM NEW 36473U204 30,479 51,333 SH DEFINED 01 0 51,333 0
GATEWAY INC COM 367626108 1,671,850 23,200 SH DEFINED 01 0 23,200 0
GATEWAY INC COM 367626108 26,122,656 362,500 SH P DEFINED 01 0 362,500 0
HORIZON OFFSHORE
INC COM 44043J105 23,560,130 4,383,280 SH DEFINED 01 0 4,383,280 0
HEWLETT PACKARD
CO COM 428236103 2,019,063 17,750 SH DEFINED 01 0 17,750 0
HEWLETT PACKARD
CO COM 428236103 85,312,500 750,000 SH P DEFINED 01 0 750,000 0
ACTV INC COM 00088E104 2,912,245 64,359 SH DEFINED 01 0 64,359 0
INTERNATIONAL
BUSINESS MACHS COM 459200101 21,575,000 200,000 SH P DEFINED 01 0 200,000 0
I B S INTERACTIVE
INC COM 44923E101 488,219 45,950 SH DEFINED 01 0 45,950 0
ICN PHARMACEUTICALS
INC NEW COM 448924100 2,159,688 85,321 SH DEFINED 01 0 85,321 0
ICO GLOBAL COMM
HLDGS ORD G4705T109 802,750 321,100 SH DEFINED 01 0 321,100 0
INTERDIGITAL
COMMUNICATIONS CP COM 45866A105 3,870,000 51,600 SH DEFINED 01 0 51,600 0
INTEL CORP COM 458140100 45,271,875 550,000 SH P DEFINED 01 0 550,000 0
INTEL CORP COM 458140100 1,274,875 15,500 SH DEFINED 01 0 15,500 0
NETWORK SOLUTIONS
INC DEL COM 64121Q102 9,246,406 42,500 SH P DEFINED 01 0 42,500 0
JONES INTERCABLE
INC CL A 480206200 3,329,484 48,650 SH DEFINED 01 0 48,650 0
KANEB SERVICES
INC COM 484170105 101,500 23,200 SH DEFINED 01 0 23,200 0
KOREA ELECTRIC
PWR SPONSORED ADR 500631106 1,619,268 104,200 SH DEFINED 01 0 104,200 0
KOREA TELECOM SPONSORED ADR 50063P103 23,589,841 298,530 SH DEFINED 01 0 298,530 0
MCI WORLDCOM INC COM 55268B106 13,265,625 250,000 SH P DEFINED 01 0 250,000 0
LTV CORP NEW COM 501921100 446,540 108,252 SH DEFINED 01 0 108,252 0
LADY LUCK GAMING
CORP COM PAR $0.006 505820308 231,508 22,865 SH DEFINED 01 0 22,865 0
LUCENT TECHNOLOGIES
INC COM 549463107 11,250,000 150,000 SH P DEFINED 01 0 150,000 0
MUNICIPAL ADVANTAGE
FD INC COM 626189104 208,125 18,000 SH DEFINED 01 0 18,000 0
M D C HLDGS INC COM 552676108 658,875 42,000 SH DEFINED 01 0 42,000 0
MERRILL LYNCH &
CO INC COM 590188108 37,490,625 450,000 SH P DEFINED 01 0 450,000 0
METROMEDIA INTL
GROUP INC COM 591695101 1,343,775 282,900 SH DEFINED 01 0 282,900 0
METAMOR WORLDWIDE
INC COM 59133P100 1,744,588 59,900 SH DEFINED 01 0 59,900 0
PHILIP MORRIS COS
INC COM 718154107 578,450 25,150 SH DEFINED 01 0 25,150 0
PHILIP MORRIS COS
INC COM 718154107 3,450,000 150,000 SH P DEFINED 01 0 150,000 0
MOTOROLA INC COM 620076109 22,087,500 150,000 SH P DEFINED 01 0 150,000 0
MICROSOFT CORP COM 594918104 921,831 7,900 SH DEFINED 01 0 7,900 0
MICROSOFT CORP COM 594918104 196,140,000 1,680,000 SH P DEFINED 01 0 1,680,000 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 1,720,138 12,050 SH DEFINED 01 0 12,050 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 94,586,150 662,600 SH P DEFINED 01 0 662,600 0
BAYCORP HLDGS
CORP COM 072728108 8,662,650 894,209 SH DEFINED 01 0 894,209 0
MEXICO FD INC COM 592835102 5,570,946 320,630 SH DEFINED 01 0 320,630 0
NAVISTAR INTL
CORP NEW COM 63934E108 235,000 5,000 SH DEFINED 01 0 5,000 0
NATIONAL DISC
BROKERS GROUP COM 635646102 244,125 9,300 SH P DEFINED 01 0 9,300 0
NUVEEN MUN MKT
OPPORTUNITY FD COM 67062W103 122,500 10,000 SH DEFINED 01 0 10,000 0
NUVEEN PREM INCOME
MUN FD COM 67062T100 298,438 25,000 SH DEFINED 01 0 25,000 0
NUVEEN PREM INCOME
MUN FD 4 COM 6706K4105 394,063 32,500 SH DEFINED 01 0 32,500 0
NUVEEN SELECT
QUALITY MUN FD COM 670973106 572,969 47,500 SH DEFINED 01 0 47,500 0
NETRIX CORP COM 641148101 1,717,813 115,000 SH DEFINED 01 0 115,000 0
NEXTEL COMMUNI-
CATIONS INC CL A 65332V103 1,319,200 12,800 SH DEFINED 01 0 12,800 0
OPTICAL COATING
LAB INC COM 683829105 1,394,125 4,750 SH DEFINED 01 0 4,750 0
U S OFFICE PRODS
CO COM NEW 912325305 1,241,150 385,600 SH DEFINED 01 0 385,600 0
ORACLE CORP COM 68389X105 1,769,600 15,800 SH DEFINED 01 0 15,800 0
ORACLE CORP COM 68389X105 86,848,438 775,000 SH P DEFINED 01 0 775,000 0
PAUL HARRIS
STORES INC COM NEW 703555201 59,950 21,800 SH DEFINED 01 0 21,800 0
PERLE SYS LTD COM 714152105 125,625 15,000 SH DEFINED 01 0 15,000 0
PFSWEB INC COM 717098107 1,044,631 27,950 SH DEFINED 01 0 27,950 0
PAKISTAN INVT
FD INC COM 695844100 611,569 250,900 SH DEFINED 01 0 250,900 0
PUTNAM INVT GRADE
MUN TR II SH BEN INT 746806108 189,000 18,000 SH DEFINED 01 0 18,000 0
CMGI INC COM 125750109 30,456,250 110,000 SH P DEFINED 01 0 110,000 0
REALNETWORKS INC COM 75605L104 12,031,250 100,000 SH P DEFINED 01 0 100,000 0
DOUBLECLICK INC COM 258609304 17,081,719 67,500 SH P DEFINED 01 0 67,500 0
USINTERNET-
WORKING INC COM 917311805 2,445,625 35,000 SH P DEFINED 01 0 35,000 0
RETEK INC COM 76128Q109 3,967,525 52,550 SH DEFINED 01 0 52,550 0
REVLON INC CL A 761525500 575,469 72,500 SH DEFINED 01 0 72,500 0
RICHMONT MINES
INC COM 76547T106 721,094 461,500 SH DEFINED 01 0 461,500 0
SIEBERT FINL
CORP COM 826176109 784,313 53,400 SH DEFINED 01 0 53,400 0
SK TELECOM LTD SPONSORED ADR 78440P108 13,893,644 347,950 SH DEFINED 01 0 347,950 0
SUNBEAM CORP COM 867071102 831,219 198,500 SH DEFINED 01 0 198,500 0
SOUTHERN PAC
PETE NL ADR NEW 843581307 6,264,962 2,304,354 SH DEFINED 01 0 2,304,354 0
SUNSHINE MNG &
REFINING CO COM NEW 867833501 1,355,030 985,476 SH DEFINED 01 0 985,476 0
STONE CONTAINER
CORP PFD E CV $1.75 861589307 1,367,700 58,200 SH DEFINED 01 0 58,200 0
SUN MICROSYSTEMS
INC COM 866810104 471,988 6,100 SH DEFINED 01 0 6,100 0
SUN MICROSYSTEMS
INC COM 866810104 39,880,313 515,000 SH P DEFINED 01 0 515,000 0
SWISS HELVETIA
FD INC COM 870875101 241,719 17,500 SH DEFINED 01 0 17,500 0
TEMPLETON CHINA
WORLD FD INC COM 88018X102 420,000 52,500 SH DEFINED 01 0 52,500 0
AT&T CORP COM 001957109 1,031,494 20,300 SH C DEFINED 01 0 20,300 0
TERA COMPUTER CO COM 88076P108 436,323 98,432 SH DEFINED 01 0 98,432 0
TODD SHIPYARDS
CORP DEL COM 889039103 274,219 35,100 SH DEFINED 01 0 35,100 0
TOYS R US INC COM 892335100 1,027,924 71,820 SH DEFINED 01 0 71,820 0
AMERITRADE HLDG
CORP CL A 03072H109 2,710,938 125,000 SH P DEFINED 01 0 125,000 0
TIME WARNER INC COM 887315109 6,763,677 93,534 SH DEFINED 01 0 93,534 0
UNIVERSAL HLTH
SVCS INC CL B 913903100 1,353,600 37,600 SH DEFINED 01 0 37,600 0
UNION CARBIDE
CORP COM 905581104 1,168,125 17,500 SH DEFINED 01 0 17,500 0
MEDIAONE GROUP
INC COM 58440J104 2,035,531 26,500 SH DEFINED 01 0 26,500 0
JDS UNIPHASE CORP COM 46612J101 32,262,500 200,000 SH P DEFINED 01 0 200,000 0
U S G CORP COM NEW 903293405 344,767 7,316 SH DEFINED 01 0 7,316 0
USINTERNET-
WORKING INC SUB CV 144A7%04 917311AE2 2,912,500 1,000 PRN DEFINED 01 0 1,000 0
URSUS TELECOM
CORP COM 917287104 1,541,055 116,306 SH DEFINED 01 0 116,306 0
VISKASE COMPANIES
INC COM 92831R102 1,429,326 626,554 SH DEFINED 01 0 626,554 0
VION PHARMACEUT-
ICALS INC COM 927624106 3,830,992 625,468 SH DEFINED 01 0 625,468 0
VION PHARMACEUT-
ICALS INC WT A EX 081400 927624114 239,279 78,132 SH DEFINED 01 0 78,132 0
VAN KAMPEN ADVANTAGE
MUN INCOM SH BEN INT 921124103 159,375 12,500 SH DEFINED 01 0 12,500 0
VAN KAMPEN MUN
INCOME TR COM 920909108 111,325 14,600 SH DEFINED 01 0 14,600 0
V-ONE CORP COM 918278102 287,875 49,000 SH DEFINED 01 0 49,000 0
WHX CORP COM 929248102 94,905 10,545 SH DEFINED 01 0 10,545 0
TELULAR CORP COM NEW 87970T208 237,500 25,000 SH DEFINED 01 0 25,000 0
YAHOO INC COM 984332106 86,970,188 201,000 SH P DEFINED 01 0 201,000 0
AMAZON COM INC COM 023135106 36,920,625 485,000 SH P DEFINED 01 0 485,000 0
MORGAN J P &
CO INC COM 616880100 21,374,300 168,800 SH P DEFINED 01 0 168,800 0
QUALCOMM INC COM 747525103 35,225,000 200,000 SH P DEFINED 02 0 200,000 0
AMERITRADE HLDG
CORP SB NT CV 144A 04 03072HAA7 2,544,375 3,000 PRN DEFINED 02 0 3,000 0
AMERICA ONLINE
INC DEL COM 02364J104 51,595,000 680,000 SH P DEFINED 02 0 680,000 0
ATLANTIC RICHFIELD
CO COM 048825103 1,513,750 17,500 SH P DEFINED 02 0 17,500 0
ASHANTI GOLDFIELDS
LTD GLOB DEP RCPT 043743202 1,045,800 398,400 SH DEFINED 02 0 398,400 0
AMERICAN EXPRESS
CO COM 025816109 108,062,500 650,000 SH P DEFINED 02 0 650,000 0
BID COM INTER-
NATIONAL INC COM 088788104 139,766 33,377 SH DEFINED 02 0 33,377 0
BLACKROCK MUN
TARGET TERM TR COM 09247M105 98,125 10,000 SH DEFINED 02 0 10,000 0
BRISTOL MYERS
SQUIBB CO COM 110122108 3,209,375 50,000 SH P DEFINED 02 0 50,000 0
BRADLEES INC COM NEW 104499207 311,719 37,500 SH DEFINED 02 0 37,500 0
CALIFORNIA FED
BK FSB LOS ANGL 2ND CONT LITIG 130209703 9,344 14,950 SH DEFINED 02 0 14,950 0
CLARIFY INC COM 180492100 728,094 5,750 SH DEFINED 02 0 5,750 0
COLGATE PALMOLIVE
CO COM 194162103 6,500,000 100,000 SH P DEFINED 02 0 100,000 0
CHASE MANHATTAN
CORP NEW COM 16161A108 15,537,500 200,000 SH P DEFINED 02 0 200,000 0
CNET INC SB NT CV 144A 06 125945AA3 4,131,250 2,500 PRN DEFINED 02 0 2,500 0
CONOCO INC CL B 208251405 1,243,750 50,000 SH DEFINED 02 0 50,000 0
CHINA PROSPERITY
INTL HLDGS SPONSORED ADR 16940W207 406,350 45,150 SH DEFINED 02 0 45,150 0
CISCO SYS INC COM 17275R102 567,431 5,300 SH DEFINED 02 0 5,300 0
CONSOLIDATED
TOMOKA LD CO COM 210226106 129,680 10,171 SH DEFINED 02 0 10,171 0
CISCO SYS INC COM 17275R102 128,550,000 1,200,000 SH P DEFINED 02 0 1,200,000 0
DELL COMPUTER
CORP COM 247025109 2,088,438 41,000 SH DEFINED 02 0 41,000 0
DELIA*S INC COM 246885107 424,125 58,500 SH DEFINED 02 0 58,500 0
DELL COMPUTER
CORP COM 247025109 17,850,000 350,000 SH P DEFINED 02 0 350,000 0
DAISYTEK INTL
CORP COM 234053106 3,629,756 155,700 SH DEFINED 02 0 155,700 0
E M C CORP MASS COM 268648102 6,555,000 60,000 SH P DEFINED 02 0 60,000 0
INTERNET CAP
GROUP INC COM 46059C106 2,380,000 14,000 SH P DEFINED 02 0 14,000 0
IXNET INC COM 46601C109 601,250 20,000 SH DEFINED 02 0 20,000 0
FEDERATED DEPT
STORES INC DEL WT D EX 121901 31410H127 2,317,700 94,600 SH DEFINED 02 0 94,600 0
NEXTEL COMMUNI-
CATIONS INC CL A 65332V103 33,948,750 329,200 SH P DEFINED 02 0 329,200 0
FRANCE GROWTH
FD INC COM 35177K108 191,406 12,500 SH DEFINED 02 0 12,500 0
GREATER CHINA
FD INC COM 39167B102 259,206 30,950 SH DEFINED 02 0 30,950 0
GAYLORD CONTAINER
CORP CL A 368145108 119,818 17,588 SH DEFINED 02 0 17,588 0
GENERAL ELEC CO COM 369604103 108,325,000 700,000 SH P DEFINED 02 0 700,000 0
GOLDEN ST BANCORP
INC WT EXP 082100 381197128 243,138 36,700 SH DEFINED 02 0 36,700 0
GOLDEN ST BANCORP
INC WT EXP 000000 381197136 1,541,925 1,762,200 SH DEFINED 02 0 1,762,200 0
GREENWICH STR MUN
FD INC COM 39701A107 1,218,750 125,000 SH DEFINED 02 0 125,000 0
GOLDEN STAR RES
LTD CDA COM 38119T104 41,672 44,450 SH DEFINED 02 0 44,450 0
GANTOS INC NEW COM NEW 36473U204 14,467 24,366 SH DEFINED 02 0 24,366 0
GATEWAY INC COM 367626108 1,671,850 23,200 SH DEFINED 02 0 23,200 0
GATEWAY INC COM 367626108 26,122,656 362,500 SH P DEFINED 02 0 362,500 0
HORIZON OFFSHORE
INC COM 44043J105 23,560,130 4,383,280 SH DEFINED 02 0 4,383,280 0
HEWLETT PACKARD
CO COM 428236103 2,019,063 17,750 SH DEFINED 02 0 17,750 0
HEWLETT PACKARD
CO COM 428236103 85,312,500 750,000 SH P DEFINED 02 0 750,000 0
ACTV INC COM 00088E104 2,747,625 60,721 SH DEFINED 02 0 60,721 0
INTERNATIONAL
BUSINESS MACHS COM 459200101 21,575,000 200,000 SH P DEFINED 02 0 200,000 0
I B S INTERACTIVE
INC COM 44923E101 489,281 46,050 SH DEFINED 02 0 46,050 0
ICO GLOBAL COMM
HLDGS ORD G4705T109 792,250 316,900 SH DEFINED 02 0 316,900 0
INTEL CORP COM 458140100 45,271,875 550,000 SH P DEFINED 02 0 550,000 0
INTEL CORP COM 458140100 1,274,875 15,500 SH DEFINED 02 0 15,500 0
NETWORK SOLUTIONS
INC DEL COM 64121Q102 9,246,406 42,500 SH P DEFINED 02 0 42,500 0
JONES INTERCABLE
INC CL A 480206200 3,329,484 48,650 SH DEFINED 02 0 48,650 0
KOREA ELECTRIC
PWR SPONSORED ADR 500631106 1,534,031 98,715 SH DEFINED 02 0 98,715 0
KOREA TELECOM SPONSORED ADR 50063P103 23,581,939 298,430 SH DEFINED 02 0 298,430 0
MCI WORLDCOM INC COM 55268B106 13,265,625 250,000 SH P DEFINED 02 0 250,000 0
LUCENT TECHNOLOGIES
INC COM 549463107 11,250,000 150,000 SH P DEFINED 02 0 150,000 0
MUNICIPAL ADVANTAGE
FD INC COM 626189104 208,125 18,000 SH DEFINED 02 0 18,000 0
MERRILL LYNCH &
CO INC COM 590188108 37,490,625 450,000 SH P DEFINED 02 0 450,000 0
METROMEDIA INTL
GROUP INC COM 591695101 1,340,450 282,200 SH DEFINED 02 0 282,200 0
METAMOR WORLDWIDE
INC COM 59133P100 1,744,588 59,900 SH DEFINED 02 0 59,900 0
PHILIP MORRIS
COS INC COM 718154107 578,450 25,150 SH DEFINED 02 0 25,150 0
PHILIP MORRIS
COS INC COM 718154107 3,450,000 150,000 SH P DEFINED 02 0 150,000 0
MOTOROLA INC COM 620076109 22,087,500 150,000 SH P DEFINED 02 0 150,000 0
MICROSOFT CORP COM 594918104 921,831 7,900 SH DEFINED 02 0 7,900 0
MICROSOFT CORP COM 594918104 178,627,500 1,530,000 SH P DEFINED 02 0 1,530,000 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 1,720,138 12,050 SH DEFINED 02 0 12,050 0
MORGAN STANLEY
DEAN WITTER&CO COM NEW 617446448 94,557,600 662,400 SH P DEFINED 02 0 662,400 0
BAYCORP HLDGS
CORP COM 072728108 10,588,428 1,092,999 SH DEFINED 02 0 1,092,999 0
NATIONAL DISC
BROKERS GROUP COM 635646102 241,500 9,200 SH P DEFINED 02 0 9,200 0
NUVEEN MUN MKT
OPPORTUNITY FD COM 67062W103 122,500 10,000 SH DEFINED 02 0 10,000 0
NUVEEN PREM
INCOME MUN FD COM 67062T100 298,438 25,000 SH DEFINED 02 0 25,000 0
NUVEEN PREM
INCOME MUN FD 4 COM 6706K4105 394,063 32,500 SH DEFINED 02 0 32,500 0
NUVEEN SELECT
QUALITY MUN FD COM 670973106 572,969 47,500 SH DEFINED 02 0 47,500 0
NETRIX CORP COM 641148101 1,717,813 115,000 SH DEFINED 02 0 115,000 0
NEXTEL COMMUNI-
CATIONS INC CL A 65332V103 1,319,200 12,800 SH DEFINED 02 0 12,800 0
OPTICAL COATING
LAB INC COM 683829105 1,394,125 4,750 SH DEFINED 02 0 4,750 0
U S OFFICE
PRODS CO COM NEW 912325305 1,241,282 385,641 SH DEFINED 02 0 385,641 0
ORACLE CORP COM 68389X105 1,769,600 15,800 SH DEFINED 02 0 15,800 0
ORACLE CORP COM 68389X105 86,848,438 775,000 SH P DEFINED 02 0 775,000 0
PHARMOS CORP COM NEW 717139208 26,580 12,695 SH DEFINED 02 0 12,695 0
PERLE SYS LTD COM 714152105 125,625 15,000 SH DEFINED 02 0 15,000 0
PFSWEB INC COM 717098107 1,044,631 27,950 SH DEFINED 02 0 27,950 0
PAKISTAN INVT
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PUTNAM INVT GRADE
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RICHMONT MINES
INC COM 76547T106 909,844 582,300 SH DEFINED 02 0 582,300 0
SECURE COMPUTING
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CORP COM 826176109 678,563 46,200 SH DEFINED 02 0 46,200 0
SUNSHINE MNG &
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SK TELECOM LTD SPONSORED ADR 78440P108 15,310,759 383,440 SH DEFINED 02 0 383,440 0
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SOUTHERN PAC
PETE NL ADR NEW 843581307 5,763,144 2,119,777 SH DEFINED 02 0 2,119,777 0
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SUN MICROSYSTEMS
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SUN MICROSYSTEMS
INC COM 866810104 39,880,313 515,000 SH P DEFINED 02 0 515,000 0
SWISS HELVETIA
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TEMPLETON CHINA
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AT&T CORP COM 001957109 1,026,413 20,200 SH C DEFINED 02 0 20,200 0
TERA COMPUTER CO COM 88076P108 436,323 98,432 SH DEFINED 02 0 98,432 0
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CORP COM 905581104 1,168,125 17,500 SH DEFINED 02 0 17,500 0
MEDIAONE GROUP
INC COM 58440J104 2,035,531 26,500 SH DEFINED 02 0 26,500 0
JDS UNIPHASE
CORP COM 46612J101 32,262,500 200,000 SH P DEFINED 02 0 200,000 0
USINTERNET-
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URSUS TELECOM
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VISKASE COMPANIES
INC COM 92831R102 1,453,147 636,996 SH DEFINED 02 0 636,996 0
VION PHARMACEUT-
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VAN KAMPEN MUN
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MORGAN J P &
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