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<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 12/31/1997
Institutional Investment Manager:
CHARLES E. SWEENEY
1900 SUMMIT TOWER BLVD
SUITE 450
ORLANDO FL 32810
Name, Title and Telephone Number of Person Submitting Report:
CHARLES E. SWEENEY CONTROLLER (406) 660-6122
Signature, Place and Date of Signing:
/s/ CHARLES E. SWEENEY ORLANDO FL 02/20/1998
<PAGE> PAGE 2
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
VCO RESTAURANTS INC COM 238330104 Total 998 51200.00 SH SOLE NONE SOLE
VE + BUSTERS INC COM 23833N104 Total 1887 83850.00 SH SOLE NONE SOLE
YTON HUDSON CORP COM 239753106 Total 2140 31700.00 SH SOLE NONE SOLE
ERE + CO COM 244199105 Total 4735 81200.00 SH SOLE NONE SOLE
LL COMPUTER CORP COM 247025109 Total 2377 28300.00 SH SOLE NONE SOLE
AMOND OFFSHORE DRILLING INC COM 25271C102 Total 3128 65000.00 SH SOLE NONE SOLE
SNEY WALT CO COM 254687106 Total 2041 20600.00 SH SOLE NONE SOLE
LLAR THRIFTY AUTOMOTIVE GRP COM 256743105 Total 1128 55000.00 SH SOLE NONE SOLE
M CORP COM 23333L103 Total 402 292500.00 SH SOLE NONE SOLE
PONT E I DE NEMOURS + CO COM 263534109 Total 420 7000.00 SH SOLE NONE SOLE
REPORT SUMMARY 10 DATA RECORDS 0 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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