The United States Securities and Exchange Commission
Washington, D.C. 20549
Form 13F
Information Required of Institutional Investment Managers
Pursuant to Section 13 (f) Securities Exchange Act of 1934
and Rules Thereunder. Report for the Calander Year or
Quarter Ended June 30, 2000.
Name of Institutional Investment Manager: JMG Capital
Partners, LP
Business Address: 1999 Avenue of the Stars, #2530
Los Angeles, CA 90067
Jonathan Glaser, 310-201-2619
President of the General Partner
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represents
hereby that all information contained thereon is true, correct and
complete. It is understood that all required items, statements and
schedules are considered integral parts of this Form and that the
submission by any amendment represents that all unamended
items, statements and schedules remain true, correct and
complete as previously submitted. Pursuant to the
requirements of the Securities Act of 1934, the undersigned
institutional investment manager has caused this report to be
signed on its behalf in the City of Los Angeles and State of
California on the 26th of July 2000.
JMG Capital Partners, L.P.
Jonathan Glaser, President of the General Partner
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
AAMES FINANCIAL CORP 5.5% BND CONV 00253AAE1 1,116 6,972,000 PRN SOLE 0 0 0
ACCLAIM ENTMT INC 10% 3/1/ BND CONV 004325AA4 1,691 3,550,000 PRN SOLE 0 0 0
ACTIVISION INC NEW 6.75% 1 BND CONV 004930AC7 1,469 2,260,000 PRN SOLE 0 0 0
ADVANCED MICRO DEVICES 6% BND CONV 007903AC1 30,678 14,250,000 PRN SOLE 0 0 0
AES CORP 4.5% 8/15 BND CONV 00130HAN5 5,257 3,000,000 PRN SOLE 0 0 0
AETHER SYSTEMS INC 6% 3/22 BND CONV 00808VAA3 9,010 8,500,000 PRN SOLE 0 0 0
AFFYMETRIX INC 4.75% 2/07 BND CONV 00826TAC2 1,553 2,000,000 PRN SOLE 0 0 0
AKAMAI TECHNOLOGIES 5.5% 7 BND CONV 00971TAA9 2,360 2,000,000 PRN SOLE 0 0 0
ALEXION PHARMACEUT 5.75% 3 BND CONV 015351AA7 836 1,000,000 PRN SOLE 0 0 0
ALLIED RISER 7.5% 6/07 BND CONV 019496AA6 2,075 2,000,000 PRN SOLE 0 0 0
ALPHARMA INC 3% 144 BND CONV 020813AC5 1,982 1,000,000 PRN SOLE 0 0 0
ALPHARMA INC 3% 6/06 BND CONV 020813AD3 4,955 2,500,000 PRN SOLE 0 0 0
ALPHARMA INC 5.75% 4/05 BND CONV 020813AA9 1,650 750,000 PRN SOLE 0 0 0
ALPHARMA INC 5.75% 4/1/05 BND CONV 020813AB7 9,595 4,362,000 PRN SOLE 0 0 0
AMAZON.COM INC 4.75% 2/09 BND CONV 023135AF3 16,529 26,500,000 PRN SOLE 0 0 0
AMAZON.COM INC 6.875% 2/10 BND CONV 023135AG1 1,757 2,875,000 PRN SOLE 0 0 0
AMERICA ONLINE INC DEL CON BND CONV 02364JAC8 15,113 30,000,000 PRN SOLE 0 0 0
AMERICAN TOWER CORP 6.25% BND CONV 029912AB8 10,629 5,750,000 PRN SOLE 0 0 0
AMERITRADE HLDG CORP 5.75% BND CONV 03072HAA7 1,209 2,000,000 PRN SOLE 0 0 0
ARBOR SOFTWARE 3/ BND CONV 038918AC2 2,971 3,400,000 PRN SOLE 0 0 0
ASIA PULP & PAPER (APP FIN BND CONV 00202NAA3 1,246 7,763,000 PRN SOLE 0 0 0
ASM LITHOGRAPHY HOLDINGS 1 BND CONV 00207EAB6 1,329 1,000,000 PRN SOLE 0 0 0
ASPEN TECHNOLOGY INC 5.25% BND CONV 045327AB9 3,595 3,650,000 PRN SOLE 0 0 0
ASSISTED LIVING 6% 11/01/0 BND CONV 04543LAD1 1,607 3,091,000 PRN SOLE 0 0 0
AT HOME CORP 12/18 BND CONV 045919AC1 7,102 15,782,000 PRN SOLE 0 0 0
AT HOME CORP 12/18 144 BND CONV 045919AA5 3,604 8,009,000 PRN SOLE 0 0 0
ATRIX LABS INC 7% 12/04 BND CONV 04962LAC5 362 500,000 PRN SOLE 0 0 0
ATRIX LABS INC 7% 12/04 BND CONV 04962LAA9 724 1,000,000 PRN SOLE 0 0 0
AVIRON 5.75% 4/05 BND CONV 053762AA8 550 500,000 PRN SOLE 0 0 0
AVIRON 5.75% 4/05 BND CONV 053762AC4 6,325 5,750,000 PRN SOLE 0 0 0
BAAN CO NV 4.5% BND CONV 056072AB7 1,880 2,175,000 PRN SOLE 0 0 0
BANKATLANTIC BANCORP 6.75% BND CONV 065908AB1 956 1,250,000 PRN SOLE 0 0 0
BEA SYSTEMS INC 4% 12/06 BND CONV 073325AC6 24,311 15,399,000 PRN SOLE 0 0 0
BELL ATLANTIC 4.25% 9/05 R BND CONV 07785GAC4 11,733 9,500,000 PRN SOLE 0 0 0
BELL ATLANTIC FINANCIAL 5. BND CONV 07785GAB6 731 750,000 PRN SOLE 0 0 0
BELL ATLANTIC FINL 4.25% BND CONV 07785GAC4 32,036 25,940,000 PRN SOLE 0 0 0
BENCHMARK ELECTRONICS INC BND CONV 08160HAA9 3,538 3,325,000 PRN SOLE 0 0 0
CHECKFREE HOLDINGS CORP 14 BND CONV 162816AA0 3,395 3,505,000 PRN SOLE 0 0 0
CIRRUS LOGIC INC 6% 12/15/ BND CONV 172755AC4 6,230 7,070,000 PRN SOLE 0 0 0
CIRRUS LOGIC INC 6% 144 BND CONV 172755AA8 573 650,000 PRN SOLE 0 0 0
CNET INC 5% 3/06 BND CONV 125945AC9 4,343 5,125,000 PRN SOLE 0 0 0
COEUR D ALENE MINES 7.25% BND CONV 192108AF5 1,163 2,585,000 PRN SOLE 0 0 0
COEUR D ALENE MINES 7.25% BND CONV 192108AG3 1,231 2,735,000 PRN SOLE 0 0 0
CONEXANT SYSTEMS 4% 2/07 1 BND CONV 207142AD2 1,166 1,500,000 PRN SOLE 0 0 0
CONEXANT SYSTEMS INC 4.25% BND CONV 207142AB6 1,103 500,000 PRN SOLE 0 0 0
CONEXANT SYSTEMS INC 4.25% BND CONV 207142AA8 2,205 1,000,000 PRN SOLE 0 0 0
COR THERAPEUTICS 5% 3/07 BND CONV 217753AC6 13,981 10,000,000 PRN SOLE 0 0 0
CORE COMM LIMITED 6% 10/06 BND CONV 21869NAC9 2,825 3,100,000 PRN SOLE 0 0 0
COX COMMUN .425% BND CONV 224044AX5 3,884 7,500,000 PRN SOLE 0 0 0
CRITICAL PATH INC 5.75% 14 BND CONV 22674VAA8 11,631 14,000,000 PRN SOLE 0 0 0
CURAGEN CORP CONVERT SUB 1 BND CONV 23126RAA9 3,969 5,188,000 PRN SOLE 0 0 0
DIGITAL ISLAND INC 2/05 6% BND CONV 25385NAA9 1,792 2,500,000 PRN SOLE 0 0 0
DOUBLECLICK INC 4.75% 3/06 BND CONV 258609AA4 1,510 1,400,000 PRN SOLE 0 0 0
DOUBLECLICK INC 4.75% 3/06 BND CONV 258609AC0 4,315 4,000,000 PRN SOLE 0 0 0
E TRADE GROUP INC 6% 144 BND CONV 269246AA2 9,100 10,000,000 PRN SOLE 0 0 0
EARTHWEB INC 7% 1/05 BND CONV 27032CAA6 368 750,000 PRN SOLE 0 0 0
ECHOSTAR COMMUNICATIONS 4. BND CONV 278762AB5 6,574 6,875,000 PRN SOLE 0 0 0
EFFICIENT NETWORK 5% 3/05 BND CONV 282056aa8 753 1,000,000 PRN SOLE 0 0 0
EMCOR GROUP INC 5.75% BND CONV 29084QAC4 4,415 4,535,000 PRN SOLE 0 0 0
ETOYS INC 6.25% 12/04 144a BND CONV 297862AA2 430 1,000,000 PRN SOLE 0 0 0
EXODUS COMMUN INC 4.75% 7/ BND CONV 302088AJ8 4,361 3,000,000 PRN SOLE 0 0 0
GENERAL SEMICON 5.75% 12/0 BND CONV 370787AB9 2,806 2,500,000 PRN SOLE 0 0 0
GENZYME CORP 5.25% BND CONV 372917AF1 2,473 1,500,000 PRN SOLE 0 0 0
GILAT SATELLITE NETWORKS 4 BND CONV 375255AC0 8,587 12,500,000 PRN SOLE 0 0 0
GLOBAL TELESYSTEM GROUP 5. BND CONV 37936UAE4 9,597 16,475,000 PRN SOLE 0 0 0
HMT TECHNOLOGY CORP SUB NT BND CONV 403917AD9 1,950 6,500,000 PRN SOLE 0 0 0
HOMEBASE INC 5.25% 11/01/0 BND CONV 43738EAB4 2,021 4,125,000 PRN SOLE 0 0 0
HOMEBASE INC 5.25% 11/1/04 BND CONV 43738EAA6 980 2,000,000 PRN SOLE 0 0 0
HUMAN GENOME SCIENCES 3.7 BND CONV 444903AG3 1,025 1,250,000 PRN SOLE 0 0 0
HUMAN GENOME SCIENCES INC BND CONV 444903AE8 5,111 3,825,000 PRN SOLE 0 0 0
HUMAN GENOME SCIENCES INC BND CONV 444903AF5 14,632 10,950,000 PRN SOLE 0 0 0
HUTCHINSON TECHNOLOGY 6% BND CONV 448407AC0 3,998 5,533,000 PRN SOLE 0 0 0
IMCLONE SYSTEMS INC 5.5% 1 BND CONV 45245WAA7 3,100 3,500,000 PRN SOLE 0 0 0
INCYTE PHARMACEUTICALS INC BND CONV 45337CAA0 4,587 5,500,000 PRN SOLE 0 0 0
INGRAM MICRO INC 0% 6/9/18 BND CONV 457153AB0 12,118 32,750,000 PRN SOLE 0 0 0
INHALE THERAPEUTIC 5% 144A BND CONV 457191AD6 15,386 10,750,000 PRN SOLE 0 0 0
INTERNET CAPITAL GROUP 5.5 BND CONV 46059CAA4 1,329 2,000,000 PRN SOLE 0 0 0
INVITROGEN CORP 5.5% 3/07 BND CONV 46185RAA8 6,595 6,250,000 PRN SOLE 0 0 0
ITC DELTACOM IND 4.5% 5/15 BND CONV 45031TAK0 1,768 1,750,000 PRN SOLE 0 0 0
KELLSTROM INDS INC 6/03 5. BND CONV 488035AE6 288 670,000 PRN SOLE 0 0 0
KULICKE & SOFFA 4.75% 12/0 BND CONV 501242AC5 1,814 1,250,000 PRN SOLE 0 0 0
KULICKE & SOFFA 4.75% 12/0 BND CONV 501242AE1 6,590 4,541,000 PRN SOLE 0 0 0
LEVEL 3 COMMUNICATIONS 6% BND CONV 52729NAS9 8,179 9,000,000 PRN SOLE 0 0 0
LEVEL 3 COMMUNICATIONS INC BND CONV 52729NAG5 31,496 21,050,000 PRN SOLE 0 0 0
LIBERTY MEDIA 4% 11/15/29 BND CONV 530715AG6 1,439 1,000,000 PRN SOLE 0 0 0
LOEWS CORP 3.125% BND CONV 540424AL2 4,983 5,981,000 PRN SOLE 0 0 0
MAIL.COM INC 7% 2/05 144 BND CONV 560311AA0 2,286 5,508,000 PRN SOLE 0 0 0
MAY & SPEH 5.25% BND CONV 577777AA3 7,141 4,949,000 PRN SOLE 0 0 0
MERCURY INTERACT 4.75% 7/0 BND CONV 589405AA7 1,888 1,750,000 PRN SOLE 0 0 0
METAMOR WORLDWIDE 2 BND CONV 59133PAA8 5,100 6,456,000 PRN SOLE 0 0 0
MILLENNIUM PHARM 1/07 5.5% BND CONV 599902AA1 6,358 4,250,000 PRN SOLE 0 0 0
NEXSTAR PHARMACEUTICALS 6. BND CONV 65333BAC0 12,915 7,997,000 PRN SOLE 0 0 0
NEXTEL COMMUNICATIONS 4.75 BND CONV 65332VAR4 37,441 14,000,000 PRN SOLE 0 0 0
NEXTEL COMMUNICATIONS INC BND CONV 65332VAT0 2,674 1,000,000 PRN SOLE 0 0 0
NTL INC 5.75% 12/09 144a BND CONV 629407AN7 8,970 11,288,000 PRN SOLE 0 0 0
NTL INC 7% BND CONV 629407AN7 22,207 13,510,000 PRN SOLE 0 0 0
NTL INC 7% 144 BND CONV 629407AK3 9,863 6,000,000 PRN SOLE 0 0 0
PETSMART INC 144 6.75% 11/ BND CONV 716768AA4 1,898 2,875,000 PRN SOLE 0 0 0
PETSMART INC 6.75% 11/1/20 BND CONV 716768AB2 1,704 2,582,000 PRN SOLE 0 0 0
PREMIERE TECHNOLOGIES INC BND CONV 74058FAC6 779 1,199,000 PRN SOLE 0 0 0
PRIMUS TELECOMMUN 5.75% 14 BND CONV 741929AK9 4,788 6,650,000 PRN SOLE 0 0 0
READ RITE CORP 10% 9/04 BND CONV 755246AB1 4,388 7,077,000 PRN SOLE 0 0 0
REDBACK NETWORKS INC 5% 14 BND CONV 757209AA9 11,654 10,200,000 PRN SOLE 0 0 0
RES-CARE INC CONV SUB NOTE BND CONV 760943AC4 341 750,000 PRN SOLE 0 0 0
S3 INC SUB NOTE CONV 5.75 BND CONV 784849AC5 822 830,000 PRN SOLE 0 0 0
SCANDIV BROADCAS BND CONV 805906AC8 1,896 1,000,000 PRN SOLE 0 0 0
SEPRACOR INC 5% 144A BND CONV 817315AJ3 4,039 2,750,000 PRN SOLE 0 0 0
SIGNATURE RESORTS BND CONV 82668BAF3 300 1,000,000 PRN SOLE 0 0 0
SIGNATURE RESORTS BND CONV 82668BAA4 118 4,705,000 PRN SOLE 0 0 0
SIMULA INC 8% 5/1/04 BND CONV 829206AB7 755 1,590,000 PRN SOLE 0 0 0
SIRIUS/CD RADIO INC 8.75% BND CONV 125127AJ9 10,955 6,369,000 PRN SOLE 0 0 0
SPORTSLINE USA INC 5% BND CONV 848934AC9 2,078 3,164,000 PRN SOLE 0 0 0
STANDARD MOTOR PRODUCTS 6. BND CONV 853666AB1 653 1,250,000 PRN SOLE 0 0 0
SUNGLASS HUT INTL 5.25% 6/ BND CONV 86736FAC0 708 1,000,000 PRN SOLE 0 0 0
TELEFONOS DE MEXICO 4.25% BND CONV 879403AD5 17,641 13,100,000 PRN SOLE 0 0 0
TEL-SAVE HOLDING INC 5% BND CONV 879176AF2 1,244 2,450,000 PRN SOLE 0 0 0
TEL-SAVE HOLDINGS 4.5% 09/ BND CONV 879176AC9 1,793 3,750,000 PRN SOLE 0 0 0
TRANS WORLD AIRLINES 12% BND CONV 893349BG4 3,191 4,550,000 PRN SOLE 0 0 0
TRANSOCEAN SECDCO FOREX 0% BND CONV 893830AA7 5,578 9,300,000 PRN SOLE 0 0 0
USINTERNETWORKING INC 7% BND CONV 917311AH5 8,450 6,000,000 PRN SOLE 0 0 0
VENTRO CORP 6% 4/1/07 BND CONV 922815AA3 1,550 4,000,000 PRN SOLE 0 0 0
VENTRO CORPORATION 6% 4/07 BND CONV 922815AA3 291 750,000 PRN SOLE 0 0 0
VERITAS SOFTWARE 5.25% 11/ BND CONV 923436AB5 141,374 11,918,000 PRN SOLE 0 0 0
VITESSE SEMICONDUCTOR 4% BND CONV 928497AA4 462 500,000 PRN SOLE 0 0 0
WORLD ACCESS INC 4.5% BND CONV 98141AAA9 1,548 2,120,000 PRN SOLE 0 0 0
WORLD ACCESS INC 4.5% BND CONV 98141AAC5 7,880 10,795,000 PRN SOLE 0 0 0
WORLD COLOR PRESS 6% 10/07 BND CONV 981443AA2 1,176 1,125,000 PRN SOLE 0 0 0
3COM CORP COM 885535104 2,512 43,600 SH SOLE 43,600 0 0
ADVANTA CORP-CL B NON-VTG COM 007942204 1,123 132,100 SH SOLE 132,100 0 0
ALBERTO CULVER CO-CL A COM 013068200 1,159 44,138 SH SOLE 44,138 0 0
ALCATEL ALSTHOM COM 013904305 466 7,000 SH SOLE 7,000 0 0
ALTERNATIVE TECHNOLOGY COM 02145H104 179 37,500 SH SOLE 37,500 0 0
AMBASE CORP COM 023164106 17 20,000 SH SOLE 20,000 0 0
AMDOCS AUTOMATIC COM EXCHA COM 02342R202 8,914 137,000 SH SOLE 137,000 0 0
AMERICAN COMMUNITIES PPTYS COM 02520N106 44 10,575 SH SOLE 10,575 0 0
ARDEN REALTY GROUP INC COM 039793104 372 15,850 SH SOLE 15,850 0 0
AUTOWEB.COM INC COM 053331104 35 16,650 SH SOLE 16,650 0 0
BANCO GANADERO SA-SPONSORE COM 059594408 172 29,350 SH SOLE 29,350 0 0
BIOGEN INC COM 090597105 1,251 19,400 SH SOLE 19,400 0 0
BRISTOL MEYERS COM 110122108 3,233 55,500 SH SOLE 55,500 0 0
CABLE & WIRELESS PLC COM 126830207 947 18,923 SH SOLE 18,923 0 0
CAPITOL FEDERAL FINANCIAL COM 14057C106 138 12,500 SH SOLE 12,500 0 0
CATERPILLAR INC COM 149123101 5,854 172,800 SH SOLE 172,800 0 0
CHASE MANHATTEN CORP COM 16161AI08 7,686 166,850 SH SOLE 166,850 0 0
COMPLETE MANAGEMENT INC COM 20452C104 0 52,500 SH SOLE 52,500 0 0
COMPUTER CONCEPTS CORP NEW COM 204897300 276 305,000 SH SOLE 305,000 0 0
DENTAL/MEDICAL DIAGNOSTIC COM 24873K208 76 64,050 SH SOLE 64,050 0 0
DOMINION BRIDGE CORP COM 257192104 0 25,000 SH SOLE 25,000 0 0
DRESDNER RCM GLOBAL STRATE COM 26157B101 140 22,562 SH SOLE 22,562 0 0
EXIDE CORP COM 302051107 240 30,000 SH SOLE 30,000 0 0
FIRST AUSTRALIA PRIME INCO COM 318653102 463 100,000 SH SOLE 100,000 0 0
FLOWERS INDUSTRIES INC COM 343496105 368 18,479 SH SOLE 18,479 0 0
FORD MOTOR CO COM 345370100 5,285 122,900 SH SOLE 122,900 0 0
FOUNDATION HEALTH SYSTEMS COM 350404109 260 20,000 SH SOLE 20,000 0 0
FUTURELINK CORP COM 36114Q208 129 18,000 SH SOLE 18,000 0 0
GENERAL MILLS INC COM 370334104 2,104 55,000 SH SOLE 55,000 0 0
GENERAL MOTORS CORP COM 370442105 5,362 92,349 SH SOLE 92,349 0 0
GENL ELECTRIC COM 369604103 5,703 107,600 SH SOLE 107,600 0 0
GEORGIA PACIFIC CORP COM 373298108 2,685 102,300 SH SOLE 102,300 0 0
GEORGIA PACIFIC CORP (TIMB COM 373298702 467 21,600 SH SOLE 21,600 0 0
GRUPO SIDEK SA DE CV A COM 400490108 0 13,800 SH SOLE 13,800 0 0
GULF CANADA RESOURCES LTD COM 40218L305 77 16,050 SH SOLE 16,050 0 0
HUNTINGDON LIFE SCIENCES COM 445891203 73 90,000 SH SOLE 90,000 0 0
IBM CORP COM 459200101 4,821 44,000 SH SOLE 44,000 0 0
INSIGNIA SYSTEMS INC COM 45765Y105 333 47,500 SH SOLE 47,500 0 0
INTELLIGENT POLYMERS LTD COM G48029105 469 12,900 SH SOLE 12,900 0 0
INTL PAPER COM 460146103 4,827 161,900 SH SOLE 161,900 0 0
ISTAR FINC INC COM 85569R104 913 43,598 SH SOLE 43,598 0 0
JOHN Q HAMMONS HOTELS INC- COM 408623106 75 15,000 SH SOLE 15,000 0 0
KERR MCGEE CORP COM 492386305 1,100 21,950 SH SOLE 21,950 0 0
LA JOLLA PHARMACEUTICAL CO COM 503459109 63 15,200 SH SOLE 15,200 0 0
LANIER WORLDWIDE INC COM 51589L105 18 17,850 SH SOLE 17,850 0 0
MCDONALDS CORP COM 580135101 1,062 32,235 SH SOLE 32,235 0 0
MEDIAONE GROUP INC COM 58440J104 37,431 566,800 SH SOLE 566,800 0 0
MERITOR SAVINGS BANK-PA COM 590007100 17 12,500 SH SOLE 12,500 0 0
MICROSOFT CORP COM 594918104 1,800 22,500 SH SOLE 22,500 0 0
MIPS TECHNOLOGIES INC CL B COM 604567206 1,149 29,850 SH SOLE 29,850 0 0
MOLEX INC-CL A COM 608554200 3,855 110,150 SH SOLE 110,150 0 0
MOTOROLA COM 620076109 245 8,424 SH SOLE 8,424 0 0
NABISCO GROUP HLDG CORP COM 62952P102 1,040 40,100 SH SOLE 40,100 0 0
NABISCO HOLDINGS CORP-CL A COM 62952P102 244 4,650 SH SOLE 4,650 0 0
NEOTHERAPEUTICS INC COM 640656104 266 24,900 SH SOLE 24,900 0 0
NETWORK EQUIPMENT TECHNOLO COM 641208103 101 10,000 SH SOLE 10,000 0 0
NOVELL INC COM 670006105 236 25,500 SH SOLE 25,500 0 0
NTL INC COM 629407107 417 6,963 SH SOLE 6,963 0 0
PEPSICO INC COM 713448108 347 7,800 SH SOLE 7,800 0 0
READ RITE CORP COM 755246105 625 281,500 SH SOLE 281,500 0 0
RISCORP INC-CL A COM 767597107 281 94,500 SH SOLE 94,500 0 0
SEAGATE TECHNOLOGY INC COM 811804103 17,815 323,903 SH SOLE 323,903 0 0
SILICON GRAPHICS INC COM 827056102 808 215,400 SH SOLE 215,400 0 0
SOURCE MEDIA INC NEW COM 836153304 125 31,950 SH SOLE 31,950 0 0
STAFFMARK INC COM 852389105 643 96,125 SH SOLE 96,125 0 0
STAR TELECOMMUNICATIONS IN COM 854923109 127 50,336 SH SOLE 50,336 0 0
STARWOOD HOTELS & RESORTS COM 85590A203 323 10,000 SH SOLE 10,000 0 0
TELEPHONE & DATA SYSTEMS I COM 879433100 8,739 87,175 SH SOLE 87,175 0 0
THERMO FIBERGEN INC COM 88355U109 9,531 778,050 SH SOLE 778,050 0 0
TREMONT CORP-DEL NEW COM 894745207 1,235 55,200 SH SOLE 55,200 0 0
TRI VALLEY CORP COM 895735108 83 25,000 SH SOLE 25,000 0 0
U S WEST INC NEW COM 91273H101 780 9,100 SH SOLE 9,100 0 0
UNAPIX ENTERTAINMENT INC R COM 904270105 88 67,380 SH SOLE 67,380 0 0
UNISYS CORP COM 909214108 182 12,500 SH SOLE 12,500 0 0
VENTAS INC COM 92276F100 346 108,400 SH SOLE 108,400 0 0
VERIZON COMMUNICATIONS COM 92343V104 2,682 49,000 SH SOLE 49,000 0 0
VISTEON CORP COM 922602107 195 16,091 SH SOLE 16,091 0 0
WACKENHUT CORP COM SER A COM 929794105 599 46,300 SH SOLE 46,300 0 0
WACKENHUT CORP-SER B COM 929794303 1,480 157,875 SH SOLE 157,875 0 0
ZIFF-DAVIS INC COM 989511100 177 19,680 SH SOLE 19,680 0 0
AMER INTL GP NOV 115 CALL CALL 0268749K5 129 10,000 SH CALL SOLE 0 0 0
AMER INTL GP NOV 120 CALL CALL 0268749K5 544 50,000 SH CALL SOLE 0 0 0
AMERICAN POWER DEC 35 CALL CALL 0290669L3 195 20,000 SH CALL SOLE 0 0 0
APPLE COMPUTERS JAN 52.5 C CALL 0378339A0 276 24,000 SH CALL SOLE 0 0 0
APPLE COMPUTERS JAN 60 CALL 11099W9A8 222 25,000 SH CALL SOLE 0 0 0
APPLIED MAT OCT 100 CALL CALL 42599W9J9 500 50,000 SH CALL SOLE 0 0 0
AT&T CORP JUL 40 CALL 0019579G6 3 27,500 SH CALL SOLE 0 0 0
AT&T CP-LIB OCT 22.5 CAL CALL 22399W9J3 194 50,000 SH CALL SOLE 0 0 0
AT&T JAN 60 CALL CALL 001957109 543 70,000 SH CALL SOLE 0 0 0
BELL ATLANT JUL 65 CALL CALL 0778539G6 13 50,000 SH CALL SOLE 0 0 0
BOEING CO JAN 45 CALL CALL 0970239A5 163 50,000 SH CALL SOLE 0 0 0
BOEING CO JAN 50 CALL CALL 0970239K3 47 25,000 SH CALL SOLE 0 0 0
BOEING CO NOV 40 CALL CALL 0970239K3 244 50,000 SH CALL SOLE 0 0 0
BOEING CO NOV 45 CALL CALL 0970239K3 51 20,000 SH CALL SOLE 0 0 0
BRISTOL SQQB SEP 65 CALL CALL 1101229I1 28 20,000 SH CALL SOLE 0 0 0
CHASE MANHATN JAN 50 CALL CALL 1J299W9A7 146 20,000 SH CALL SOLE 0 0 0
CHASE MANHATN JAN 66.625 C CALL 1J299W9A7 134 75,000 SH CALL SOLE 0 0 0
CHASE MNHATN SEP 53.375 CA CALL 16161A9I1 103 50,000 SH CALL SOLE 0 0 0
CISCO SYSTEM JUL 65 CALL CALL 45999W9G4 140 70,000 SH CALL SOLE 0 0 0
CITIGROUP DEC 65 CALL CALL 1729679L7 244 50,000 SH CALL SOLE 0 0 0
CORNING INC JAN 100 CALL CALL 2193509A5 3,460 20,000 SH CALL SOLE 0 0 0
CYPRESS SEMI SEP 60 CALL CALL 2328069I2 34 20,000 SH CALL SOLE 0 0 0
DELL COMPUTR AUG 47.5 CALL CALL 2470259H4 88 20,000 SH CALL SOLE 0 0 0
EASTMAN KODAK JAN 60 CALL CALL 2774659A0 190 20,000 SH CALL SOLE 0 0 0
EASTMAN KODAK OCT 65 CALL CALL 2774619J0 206 100,000 SH CALL SOLE 0 0 0
EASTMAN KODK JAN 60 CALL CALL 2774619A9 275 50,000 SH CALL SOLE 0 0 0
EDGEWATER AUG 7.5 CALL CALL 8523899H0 32 32,100 SH CALL SOLE 0 0 0
EDGEWATER OCT 7.5 CALL CALL 8523899J6 38 27,500 SH CALL SOLE 0 0 0
ELAN CP PLC JUL 47.5 CALL CALL 2841319G6 83 30,000 SH CALL SOLE 0 0 0
ELAN CP PLC OCT 45 CALL CALL 2841319J0 310 40,000 SH CALL SOLE 0 0 0
GENERAL MOTORS H SEP 110 C CALL 3709999I7 113 50,000 SH CALL SOLE 0 0 0
GENL ELECT JAN 50 CALL 02 CALL 3696089A4 563 50,000 SH CALL SOLE 0 0 0
GEORGIA PAC GROUP JAN 30 C CALL 3732989A8 53 20,000 SH CALL SOLE 0 0 0
GEORGIA PAC GROUP JAN 35 C CALL 3733009A2 188 50,000 SH CALL SOLE 0 0 0
GEORGIA PAC GROUP JAN 40 C CALL 3733009A2 141 50,000 SH CALL SOLE 0 0 0
GILLETTE JAN 35 CALL CALL 3759129A2 50 12,500 SH CALL SOLE 0 0 0
GLOBAL CROSS JUL 30 CALL CALL G3921A9G7 16 20,000 SH CALL SOLE 0 0 0
HOME DEPOT JAN 60 CALL CALL 4370769A2 130 40,000 SH CALL SOLE 0 0 0
HOUSEHOLD IN OCT 40 CALL CALL 4418159J8 110 20,000 SH CALL SOLE 0 0 0
INTEL CORP CALL JAN 140 CA CALL 4581409A0 343 20,000 SH CALL SOLE 0 0 0
INTEL CORP JUL 150 CALL CALL 4E399W9G1 63 100,000 SH CALL SOLE 0 0 0
INTEL CORP JUL 90 CALL CALL 4581409G7 878 20,000 SH CALL SOLE 0 0 0
INTERMAGNETICS OCT 17.5 CA CALL 4587719J3 40 10,000 SH CALL SOLE 0 0 0
JOHNSON & JOHN JUL 80 CALL CALL 4781609G1 209 10,000 SH CALL SOLE 0 0 0
JOHNSON & JOHN JUL 85 CALL CALL 4781609G1 240 15,000 SH CALL SOLE 0 0 0
JOHNSON & JOHNSON OCT 85 C CALL 4781609J5 363 20,000 SH CALL SOLE 0 0 0
LUCENT OCT 70 CALL CALL 5494639J8 125 50,000 SH CALL SOLE 0 0 0
LUCENT TECH JAN 75 CALL CALL 5494639M1 105 30,000 SH CALL SOLE 0 0 0
MCDONALDS JAN 40 CALL CALL 5801389A5 125 100,000 SH CALL SOLE 0 0 0
MCDONALDS SEP 40 CALL CALL 5801359I4 25 100,000 SH CALL SOLE 0 0 0
MERCK & CO JUL 65 CALL CALL 5893319G4 114 10,000 SH CALL SOLE 0 0 0
MERCK & CO JUL 70 CALL CALL 5893319G4 65 10,000 SH CALL SOLE 0 0 0
MERRIL LYNCH JUL 105 CALL CALL 5901889G5 450 37,500 SH CALL SOLE 0 0 0
MERRILL LYNCH JUL 110 CALL CALL 5901889G5 97 12,500 SH CALL SOLE 0 0 0
MERRILL LYNCH OCT 130 CALL CALL 5901889J9 123 20,000 SH CALL SOLE 0 0 0
MICRON TECH JUL 65 CALL CALL 5951129G0 240 10,000 SH CALL SOLE 0 0 0
MICRON TECH JUL 70 CALL CALL 5951129G0 1,033 54,000 SH CALL SOLE 0 0 0
MICRON TECH JUL 95 CALL CALL 59699W9G8 21 10,000 SH CALL SOLE 0 0 0
MOTOROLA INC JUL 53.375 CA CALL 49899W9G7 15 60,000 SH CALL SOLE 0 0 0
NABISCO GRP DEC 15 CALL CALL 62952P9L8 242 22,500 SH CALL SOLE 0 0 0
NABISCO GRP SEP 17.5 CALL CALL 62952P9I5 134 14,500 SH CALL SOLE 0 0 0
NABISCO HLDG JUL 50 CALL CALL 6295269G1 69 27,000 SH CALL SOLE 0 0 0
ORACLE CORP SEP 100 CALL CALL 64599W9I5 256 100,000 SH CALL SOLE 0 0 0
ORACLE CORP SEP 110 CALL CALL 64599W9I5 47 50,000 SH CALL SOLE 0 0 0
PFIZER INC SEP 45 CALL CALL 7170819I6 244 50,000 SH CALL SOLE 0 0 0
PROCT&GAMBLE JAN 60 CALL CALL 7427189A9 500 100,000 SH CALL SOLE 0 0 0
QWEST COMMUN JUL 40 CALL CALL 7491239G2 536 55,000 SH CALL SOLE 0 0 0
QWEST COMMUN JUL 55 CALL CALL 7491219G6 58 46,000 SH CALL SOLE 0 0 0
RADIOSHACK JAN 80 CALL CALL 7504389A3 63 50,000 SH CALL SOLE 0 0 0
SBC COMMUN COMMUN JAN 50 C CALL 805906AC8 59 18,000 SH CALL SOLE 0 0 0
SCHWAB CORP JUL 35 CALL CALL 8085139G2 16 25,000 SH CALL SOLE 0 0 0
SPRINT CORP JAN 27.5 CALL CALL 77899W9A1 1,335 40,000 SH CALL SOLE 0 0 0
SUN MICROSYSTEM AUG 105 CA CALL 88099W9H1 194 100,000 SH CALL SOLE 0 0 0
TELLABS INC DEC 80 CALL CALL 8796649L6 178 25,000 SH CALL SOLE 0 0 0
TERADYNE INC JUL 85 CALL CALL 8807709G9 190 80,000 SH CALL SOLE 0 0 0
TEXAS INSTR JAN 35 CALL CALL 8825089A4 3,563 100,000 SH CALL SOLE 0 0 0
TEXAS INSTRS JAN 60 CALL CALL 8825089A4 1,020 60,000 SH CALL SOLE 0 0 0
TEXAS INSTRU JAN 80 CALL CALL 98399W9A2 450 50,000 SH CALL SOLE 0 0 0
TRANS WORLD JAN 15 CALL CALL 8933499A0 3 50,000 SH CALL SOLE 0 0 0
WELLS FARGO JUL 40 CALL CALL 9497469G8 106 100,000 SH CALL SOLE 0 0 0
WILLIAMS CO JAN 50 CALL CALL 9694579A0 211 62,500 SH CALL SOLE 0 0 0
ADELPHIA COMMUNICATIONS PF PFD CONV 006848402 19,715 134,000 SH SOLE 134,000 0 0
AES TR III 6.75% PFD CONV 00808N202 3,633 50,000 SH SOLE 50,000 0 0
APARTMENT INVT & MGMT CO P PFD CONV 03748R705 8,307 306,250 SH SOLE 306,250 0 0
AVADO FINANCING I TERM SEC PFD CONV 037856309 1,841 131,475 SH SOLE 131,475 0 0
BANCO GANADERO SA-SPONSORE PFD CONV 059594507 492 125,000 SH SOLE 125,000 0 0
BETHLEHEM STEEL CORP PFRD PFD CONV 087509501 6,507 342,193 SH SOLE 342,193 0 0
BIOVAIL CORP CONV SUB PFD PFD CONV 09067J208 947 17,500 SH SOLE 17,500 0 0
BOLDER TECHNOLOGIES CORP P PFD CONV 097519201 515 16,250 SH SOLE 16,250 0 0
CANADIAN NATIONAL RAILWAY PFD CONV 136375409 1,497 32,900 SH SOLE 32,900 0 0
CAREMARK RX CAP TR I PFD CONV 14170K209 527 10,000 SH SOLE 10,000 0 0
CELLNET FUNDING LLC PFD CONV 150945202 19 15,000 SH SOLE 15,000 0 0
CENTRAL PARKING FIN TR 5.2 PFD CONV 154787303 415 31,850 SH SOLE 31,850 0 0
CEPHALON CONV EXCH PFRD PFD CONV 156708406 11,478 67,500 SH SOLE 67,500 0 0
CHIQUITA BRANDS INTERNATIO PFD CONV 170032502 1,516 78,500 SH SOLE 78,500 0 0
CHIQUITA BRANDS INTL PRD A PFD CONV 170032403 1,054 75,250 SH SOLE 75,250 0 0
COX COMMUNICATION 7 PFD CONV 224044503 4,128 37,500 SH SOLE 37,500 0 0
CRAIG CORP-CL A PREF PFD CONV 224174201 185 48,600 SH SOLE 48,600 0 0
CRESCENT REAL ESTATE EQ PF PFD CONV 22575N207 4,797 307,000 SH SOLE 307,000 0 0
CROWN CASTLE DEC TR V PFD CONV 24366F203 3,351 102,500 SH SOLE 102,500 0 0
EMMIS BROADCASTING CORP PFD CONV 291525202 2,229 37,500 SH SOLE 37,500 0 0
ENTERCOM COMMUN CORP TR 6. PFD CONV 29363P104 1,544 25,000 SH SOLE 25,000 0 0
ESTEE LAUDER AUTOMATIC COM PFD CONV 518437207 1,708 20,200 SH SOLE 20,200 0 0
FEDERAL MOGUL FINANCING TR PFD CONV 313552200 2,590 118,050 SH SOLE 118,050 0 0
FIRST UNION REAL ESTATE EQ PFD CONV 337400303 979 53,800 SH SOLE 53,800 0 0
FREEPORT MCMORAN COPPER & PFD CONV 35671D501 1,367 102,700 SH SOLE 102,700 0 0
FRONTIER INSURANCE 6.25% P PFD CONV 35907U301 75 25,000 SH SOLE 25,000 0 0
GENERAL GROWTH PPTYS INCPF PFD CONV 370021206 17,171 789,480 SH SOLE 789,480 0 0
GEORGIA PACIFIC 7.5% PFRD PFD CONV 373298801 5,396 171,250 SH SOLE 171,250 0 0
GLOBAL CROSSING 6.375% PFR PFD CONV G3921A126 6,174 80,000 SH SOLE 80,000 0 0
GLOBAL CROSSING LTD 7% PFR PFD CONV 37932J301 1,430 8,000 SH SOLE 8,000 0 0
GLOBAL CROSSING LTD 7% PFR PFD CONV 37932J301 9,154 51,200 SH SOLE 51,200 0 0
GLOBAL TELESYSTEMS GROUP P PFD CONV 37936U401 3,105 135,000 SH SOLE 135,000 0 0
GLOBAL TELESYSTEMS GROUP P PFD CONV 37936U609 3,853 167,500 SH SOLE 167,500 0 0
GLOBALSTAR TELECOMMUN PFRD PFD CONV 379364870 888 42,300 SH SOLE 42,300 0 0
HERBALIFE DEC TRUST III PFD CONV 243665205 4,294 497,800 SH SOLE 497,800 0 0
HERCULES TR II PFD CONV 427098306 5,551 10,050 SH SOLE 10,050 0 0
HOST MARRIOTT FINANCIAL TR PFD CONV 441079407 4,262 129,700 SH SOLE 129,700 0 0
HOUSTON IND 7% PFD CONV 442161204 5,653 45,000 SH SOLE 45,000 0 0
ICG FUNDING LLC-6.75% EXCH PFD CONV 44924Q202 2,108 41,500 SH SOLE 41,500 0 0
ICG FUNDING LLC-6.75% EXCH PFD CONV 44924Q400 10,961 215,788 SH SOLE 215,788 0 0
INGERSOLL-RAND CO/INGERSOL PFD CONV 456867209 807 39,600 SH SOLE 39,600 0 0
INTERMEDIA COMM PFRD D PFD CONV 458801701 6,190 159,800 SH SOLE 159,800 0 0
INTERMEDIA COMM PFRD E PFD CONV 458801834 10,721 402,000 SH SOLE 402,000 0 0
INTERMEDIA COMM PFRD E 144 PFD CONV 458801867 2,822 105,700 SH SOLE 105,700 0 0
INTERMEDIA COMM PFRD F PFD CONV 458801792 13,328 580,000 SH SOLE 580,000 0 0
INTERMEDIA COMM PFRD F 144 PFD CONV 458801826 4,090 178,000 SH SOLE 178,000 0 0
IT GROUP INC DEP SHARES PFD CONV 460465305 261 16,700 SH SOLE 16,700 0 0
K MART FINANCING TRUST PFD CONV 498778208 9,250 253,850 SH SOLE 253,850 0 0
KEMPER HIGH INCOME TRUST-S PFD CONV 48841G106 2,005 246,733 SH SOLE 246,733 0 0
KIMCO REALTY CORP 7.50% CV PFD CONV 49446R877 1,651 64,100 SH SOLE 64,100 0 0
LINCOLN NATIONAL CORP 7.25 PFD CONV 534187604 963 48,700 SH SOLE 48,700 0 0
LORAL SPACE & COMMS LTD SE PFD CONV 543885602 445 18,750 SH SOLE 18,750 0 0
LORAL SPACE & COMMUN PFRD PFD CONV G56462149 3,077 136,750 SH SOLE 136,750 0 0
LTV CORP NEW PFRD PFD CONV 501921209 1,430 32,500 SH SOLE 32,500 0 0
MANDATORY COM TR PFD CONV 562613109 16 31,000 SH SOLE 31,000 0 0
MAXTOR DECS TRUST IV PFD CONV 243664208 2,814 273,250 SH SOLE 273,250 0 0
MCLEODUSA INC PFRD PFD CONV 582266201 40,376 72,925 SH SOLE 72,925 0 0
MEDIAONE GROUP INC (PIES) PFD CONV 58440J500 5,127 125,000 SH SOLE 125,000 0 0
MEDPARTNERS INC PFD CONV 58503X206 301 38,200 SH SOLE 38,200 0 0
MERRILL LYNCH 6 PFD CONV 590188751 1,007 69,850 SH SOLE 69,850 0 0
METLIFE INC PFRD 8% PFD CONV 59156R207 19,681 290,500 SH SOLE 290,500 0 0
MGC COMMUNICATIONS INC 7.2 PFD CONV 552763500 14,814 283,000 SH SOLE 283,000 0 0
NATIONAL AUSTRALIA BANK 7. PFD CONV 632525309 6,522 228,850 SH SOLE 228,850 0 0
NETWORK PLUS CORP PFRD 7.5 PFD CONV 64122D605 2,913 97,500 SH SOLE 97,500 0 0
NEWELL FINL TR I PFD CONV 651195307 2,595 68,293 SH SOLE 68,293 0 0
NEWFIELD FINL TR I PFD CONV 651291205 766 12,500 SH SOLE 12,500 0 0
OMNIPOINT CORP DEPOSITARY PFD CONV 68212D607 32,009 189,500 SH SOLE 189,500 0 0
OWENS & MINOR CV TRUST GTD PFD CONV 690905302 1,486 32,850 SH SOLE 32,850 0 0
OWENS CORNING CAPITAL LLC PFD CONV 690733209 446 17,500 SH SOLE 17,500 0 0
OWENS ILLINOIS INC 4.75% P PFD CONV 690768502 1,952 90,000 SH SOLE 90,000 0 0
PEGASUS COMMUNICATIONS PFR PFD CONV 705904407 9,100 100,000 SH SOLE 100,000 0 0
PHILADELPHIA CONSOLIDATED PFD CONV 717528301 1,348 175,000 SH SOLE 175,000 0 0
PIONEER STANDARD ELECTRO 6 PFD CONV 723879300 2,215 41,800 SH SOLE 41,800 0 0
POGO TR I PFD CONV 73044P208 1,681 31,250 SH SOLE 31,250 0 0
PRICE ENTERPRISES INC 8.75 PFD CONV 741444301 565 38,600 SH SOLE 38,600 0 0
PSINET INC PFRD D 144A PFD CONV 74437C408 17,504 509,850 SH SOLE 509,850 0 0
RECKSON ASSOCIATES REALTY PFD CONV 75621K205 2,805 126,400 SH SOLE 126,400 0 0
RHYTHMS NETCONNECTIONS PFR PFD CONV 762430304 672 15,000 SH SOLE 15,000 0 0
ROUSE CO-CONV PFD SER B PFD CONV 779273309 3,302 94,250 SH SOLE 94,250 0 0
SEAGRAM LTD 7.5% PFRD PFD CONV 811850205 3,639 68,700 SH SOLE 68,700 0 0
SEALED AIR CORP NEW-$2 CON PFD CONV 81211K209 5,707 113,925 SH SOLE 113,925 0 0
SENSORMATIC ELECTRONICS PF PFD CONV 817265200 1,483 62,400 SH SOLE 62,400 0 0
SENSORMATIC ELECTRS CORP P PFD CONV 817265804 1,188 50,000 SH SOLE 50,000 0 0
SL GREEN REALTY CORP PFD PFD CONV 78440X200 17,279 610,300 SH SOLE 610,300 0 0
SNYDER STRYPES TRUST-6.50% PFD CONV 833502107 5,047 211,400 SH SOLE 211,400 0 0
SOVEREIGN BANCORP INC PFRD PFD CONV 845905306 8,131 178,700 SH SOLE 178,700 0 0
SUIZA CAPITAL TRUST II PFD CONV 86507G408 2,852 75,000 SH SOLE 75,000 0 0
SUPERIOR TR I PFD CONV 8.5 PFD CONV 86836P202 3,954 148,512 SH SOLE 148,512 0 0
TELEPHONE & DATA-TDS TRUST PFD CONV 87235R203 410 20,000 SH SOLE 20,000 0 0
titanium/TIMET CAPITAL 6.6 PFD CONV 887381408 177 22,250 SH SOLE 22,250 0 0
TOWER AUTOMOTIVE CAP TRUST PFD CONV 891706301 2,165 69,250 SH SOLE 69,250 0 0
TRANS WORLD AIRLINES PFRD PFD CONV 893349738 677 47,500 SH SOLE 47,500 0 0
TRIKON TRCH SER H PFRD PFD CONV 896187200 560 62,266 SH SOLE 62,266 0 0
UNION PACIFIC TR PFRD PFD CONV 907824403 4,802 122,100 SH SOLE 122,100 0 0
UNITEDGLOBAL DEP SHRS PFD CONV 913247201 13,868 224,000 SH SOLE 224,000 0 0
UNITEDGLOBAL DEP SHRS 144 PFD CONV 913247102 1,548 25,000 SH SOLE 25,000 0 0
UNITEDGLOBALCOM DEPOSITARY PFD CONV 913247805 7,215 157,425 SH SOLE 157,425 0 0
USX CAPITAL TRUST I-6.75% PFD CONV 90339E201 2,570 76,150 SH SOLE 76,150 0 0
VALERO ENERGY PREMIUM EQUI PFD CONV 91821D107 1,674 62,500 SH SOLE 62,500 0 0
VANSTAR FING TRUST PFD CONV 92208Q307 127 126,850 SH SOLE 126,850 0 0
VIATEL INC TR 7.75% 144 PFD CONV 92553A204 6,745 177,500 SH SOLE 177,500 0 0
WHX CORP-CONV PFD SER A PFD CONV 929248201 3,444 159,250 SH SOLE 159,250 0 0
WINSTAR COMMUNICATIONS 6% PFD CONV 975515602 10,725 197,692 SH SOLE 197,692 0 0
WINSTAR COMMUNICATIONS INC PFD CONV 975515859 14,031 14,390 SH SOLE 14,390 0 0
WINSTAR COMMUNICATIONS INC PFD CONV 975515875 8,611 153,750 SH SOLE 153,750 0 0
XM SATELLITE RADIO HLDGS I PFD CONV 983759200 478 37,375 SH SOLE 37,375 0 0
CENDANT CORPORATION RTS RIGHT 151313111 614 56,650 SH SOLE 56,650 0 0
THERMO FIBERGEN INC RTS RIGHT 88355U117 807 892,750 SH SOLE 892,750 0 0
ARCH COMMUNICATIONS GROUP WARR 039381116 139 148,755 SH SOLE 0 0 0
AVANT IMMUNTHERAPUETICS WT WARR 053491114 75 13,100 SH SOLE 0 0 0
BIOVAIL CORP INTL NEW WTS WARR 09067K114 1,740 22,900 SH SOLE 0 0 0
CD RADIO INC WTS WARR 125127134 1,549 14,500 SH SOLE 0 0 0
CHECKERS DRIVE IN WTS WARR 162809131 47 68,389 SH SOLE 0 0 0
COMMODORE APPLIED TECH WTS WARR 202630117 13 45,700 SH SOLE 0 0 0
COMPUMED INC WTS WARR 204914113 2 35,000 SH SOLE 0 0 0
DENTAL/MEDICAL DIAGNOSTIC WARR 24873K117 132 248,670 SH SOLE 0 0 0
DIGITAL LAVA WTS WARR 253928113 188 68,300 SH SOLE 0 0 0
DRS TECHNOLOGY INC WTS WARR 23330X118 24 12,625 SH SOLE 0 0 0
ELAN CORP PLC WTS WARR 284131141 201 3,300 SH SOLE 0 0 0
FEDERATED DEPT WTS D WARR 31410H127 1,035 107,500 SH SOLE 0 0 0
GOLDEN STATE BANCORP WTS WARR 381197128 1,050 150,000 SH SOLE 0 0 0
GOTHIC ENERGY CORP WTS WARR 383482122 14 172,500 SH SOLE 0 0 0
HEMISPERX BIOPHARMA INC A WARR 42366C111 167 68,500 SH SOLE 0 0 0
HIGHWAY HOLDING LTD WTS WARR G4481U114 1 20,000 SH SOLE 0 0 0
IMC GLOBAL INC WTS WARR 449669118 2 94,930 SH SOLE 0 0 0
INDUSTRIAL HLDGS WTS C WARR 456160134 10 36,150 SH SOLE 0 0 0
LA JOLLA PHARMACEUTICALS C WARR 503459117 2 37,500 SH SOLE 0 0 0
MEADOW VALLEY CORP WTS WARR 583185111 1 10,000 SH SOLE 0 0 0
NEOTHERAPEUTICS INC WTS WARR 640656112 347 69,300 SH SOLE 0 0 0
PACIFIC AREOSPACE WTS (fka WARR 693259111 60 59,500 SH SOLE 0 0 0
PATINA OIL & GAS WTS WARR 703224113 586 65,597 SH SOLE 0 0 0
PENN TRAFFIC WTS NEW WARR 707832119 88 100,000 SH SOLE 0 0 0
PREMIER LASER SYSTEM WTS B WARR 740522123 0 21,500 SH SOLE 0 0 0
SOURCE MEDIA INC WTS WARR 836153114 18 57,000 SH SOLE 0 0 0
STREICHER MOBILE FUELING W WARR 862924115 3 10,000 SH SOLE 0 0 0
SURGE COMPONENTS INT WTS WARR 868908112 40 20,200 SH SOLE 0 0 0
TEXAS BIOTECHNOLOGY CORP W WARR 88221T112 600 58,500 SH SOLE 0 0 0
VIEWCAST.COM INC WTS WARR 926713116 59 35,000 SH SOLE 0 0 0
</TABLE>
