UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/00
Check here if Amendment [X]; Amendment Number: 1
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: MURPHY CAPITAL MANAGEMENT, INC.
Address: 123 PROSPECT STREET, RIDGEWOOD, N.J. 07450
Form 13F File Number: 28-6814
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: JOHN J. MURPHY
Title: PRESIDENT
Phone: 201-445-8366
Signature, Place, and Date of Signing:
/s/ John J. Murphy Ridgewood, N.J. 4/11/2000
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 565
Form 13F Information Table Value Total (thousands): $430,986
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- ----------- ---------------- --------- -------- ------------------ ---------- -------- ---------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000)* PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- ------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOMMUNICATIONS COMMON 886101 226 4200 SH SOLE 1 0 0 4200
ABN AMRO HLDG NV DEPOSITORY RECEI 937102 14 608 SH SOLE 1 0 0 608
AFLAC INC COMMON 1055102 6802 149289 SH SOLE 1 0 0 149289
AFN INC COM NEW 1057207 0 545 SH SOLE 1 0 0 545
AGL RES INC COMMON 1204106 24 1300 SH SOLE 1 0 0 1300
AMFM INC COMMON 1693100 893 14375 SH SOLE 1 0 0 14375
AMLI RESIDENTIAL PPTYS T SH BEN INT 1735109 205 10000 SH SOLE 1 0 0 10000
AT&T CORP COMMON 1957109 6335 112503 SH SOLE 1 900 0 111603
AT&T LIB GRP A COM LIB GRP A 1957208 5476 92328 SH SOLE 1 0 0 92328
AT & T CDA INC DEPS RCPT CL B 00207Q202 18 300 SH SOLE 1 0 0 300
AXA FINL INC COMMON 2451102 17 470 SH SOLE 1 0 0 470
ABB AB DEPOSITORY RECEI 00256Q103 31 2300 SH SOLE 1 0 0 2300
ABBOTT LABS COMMON 2824100 18 500 SH SOLE 1 0 0 500
ABN AMRO CAP FDG TR I PFD GT TR 7.5% 00371Q202 4 204 SOLE 1 0 0 204
AERIAL COMMUNICATIONS IN COMMON 7655103 392 6900 SH SOLE 1 0 0 6900
AFFYMETRIX INC COMMON 00826T108 134 900 SH SOLE 1 0 0 900
AIR PRODS & CHEMS INC COMMON 9158106 14 500 SH SOLE 1 0 0 500
AKAMAI TECHNOLOGIES INC COMMON 00971T101 92 575 SH SOLE 1 0 0 575
ALABAMA POWER PFD $7.600 10388205 4 200 SOLE 1 0 0 200
ALCIDE CORP COM NEW 13742507 4 200 SH SOLE 1 0 0 200
ALCOA INC COMMON 13817101 548 7800 SH SOLE 1 900 0 6900
ALCATEL DEPOSITORY RECEI 13904305 22 500 SH SOLE 1 0 0 500
ALLEGHENY ENERGY INC COMMON 17361106 62 2240 SH SOLE 1 0 0 2240
ALLIANT CORP COMMON 18802108 20 672 SH SOLE 1 0 0 672
ALLIED IRISH BKS P L C DEPOSITORY RECEI 19228402 151 7800 SH SOLE 1 0 0 7800
ALLSTATE CORP COMMON 20002101 8 350 SH SOLE 1 0 0 350
ALLSTATE FIN PFD PFD $7.950 20013207 5 200 SOLE 1 0 0 200
ALLTEL CORP COMMON 20039103 1164 18410 SH SOLE 1 0 0 18410
ALTEON INC COMMON 02144G107 1 400 SH SOLE 1 0 0 400
AMAZON COM INC COMMON 23135106 23 350 SH SOLE 1 0 0 350
AMERADA HESS CORP COMMON 23551104 16 250 SH SOLE 1 0 0 250
AMEREN CORP COMMON 23608102 6 200 SH SOLE 1 0 0 200
AMERICA ONLINE INC DEL COMMON 02364J104 4251 63035 SH SOLE 1 0 0 63035
AMERICAN BINGO & GAMING COMMON 24596108 1 1000 SH SOLE 1 0 0 1000
AMERICAN EXPRESS CO COMMON 25816109 4573 30705 SH SOLE 1 900 0 29805
AMERICAN EXPRESS CO CALL OPT JAN02 8 02581G9A7 128 800 SH CALL SOLE 1 0 0 800
AMERICAN EXPRESS CO CALL OPT JAN01 9 02581K9A8 773 5000 SH CALL SOLE 1 0 0 5000
AMERICAN EXPRESS CO CAP QUIPS I 7% 02583Y205 44 2000 SOLE 1 0 0 2000
AMERICAN GREETINGS CORP CL A 26375105 7 400 SH SOLE 1 0 0 400
AMERICAN GEN CAP L L C MIPS B 8.125% 02637F301 6 252 SOLE 1 0 0 252
AMERICAN HOME PRODS CORP COMMON 26609107 2346 43654 SH SOLE 1 0 0 43654
AMERICAN INTL GROUP INC COMMON 26874107 4070 37170 SH SOLE 1 0 0 37170
AMERICAN MOBILE SATELLIT COMMON 02755R103 24 1000 SH SOLE 1 0 0 1000
AMERICAN STD COS INC DEL COMMON 29712106 52 1400 SH SOLE 1 0 0 1400
AMGEN INC COMMON 31162100 866 14110 SH SOLE 1 0 0 14110
AMGEN INC CALL OPT JAN01 2 0311639A8 809 13000 SH CALL SOLE 1 0 0 13000
AMSOUTH BANCORPORATION COMMON 32165102 73 4867 SH SOLE 1 0 0 4867
ANADIGICS INC COMMON 32515108 399 6050 SH SOLE 1 0 0 6050
ANHEUSER BUSCH COS INC COMMON 35229103 64 1022 SH SOLE 1 0 0 1022
APARTMENT INVT & MGMT CO CL A 03748R101 11 300 SH SOLE 1 0 0 300
APPLE COMPUTER INC COMMON 37833100 41 300 SH SOLE 1 0 0 300
ARCHSTONE CMNTYS TR SH BEN INT 39581103 9 435 SH SOLE 1 0 0 435
ARMSTRONG WORLD INDS INC COMMON 42476101 3 140 SH SOLE 1 0 0 140
ASK JEEVES INC COMMON 45174109 6 100 SH SOLE 1 0 0 100
ASIAINFO HLDGS INC COMMON 04518A104 6 100 SH SOLE 1 0 0 100
ATLANTIC RICHFIELD CO COMMON 48825103 51 600 SH SOLE 1 0 0 600
ATMEL CORP COMMON 49513104 352 6825 SH SOLE 1 0 0 6825
AULT INC COMMON 51503100 7 1000 SH SOLE 1 0 0 1000
AUTODESK INC COMMON 52769106 162 3550 SH SOLE 1 0 0 3550
AVALONBAY CMNTYS INC COMMON 53484101 28 768 SH SOLE 1 0 0 768
AVALONBAY CMNTYS INC PFD SER-F 9% 53484507 4 160 SOLE 1 0 0 160
AVENTIS DEPOSITORY RECEI 53561106 49 900 SH SOLE 1 0 0 900
AXA DEPOSITORY RECEI 54536107 29 400 SH SOLE 1 0 0 400
BB&T CORP COMMON 54937107 7 236 SH SOLE 1 0 0 236
BCE INC COMMON 05534B109 50 400 SH SOLE 1 0 0 400
BP AMOCO P L C DEPOSITORY RECEI 55622104 597 11214 SH SOLE 1 0 0 11214
BMC SOFTWARE INC COMMON 55921100 289 5850 SH SOLE 1 0 0 5850
B2B INTERNET HOLDRS TR DEPOSTRY RCPT 56033103 177 2600 SH SOLE 1 900 0 1700
BAKER HUGHES INC COMMON 57224107 45 1500 SH SOLE 1 0 0 1500
BANK OF AMERICA CORP COMMON 60505104 57 1085 SH SOLE 1 0 0 1085
BANK OF THE SOMERSET HIL COMMON 63913107 15 1500 SH SOLE 1 0 0 1500
BANK NEW YORK INC COMMON 64057102 516 12410 SH SOLE 1 0 0 12410
BANKAMERICA CAP I TOPRS 7.75% 66046202 5 200 SOLE 1 0 0 200
BARCLAYS BK PLC DEPOSITORY RECEI 06738C836 5 200 SH SOLE 1 0 0 200
BARCLAYS PLC DEPOSITORY RECEI 6.74E+207 175 1588 SH SOLE 1 0 0 1588
BAXTER INTL INC COMMON 71813109 9 140 SH SOLE 1 0 0 140
BECTON DICKINSON & CO COMMON 75887109 509 19350 SH SOLE 1 0 0 19350
BED BATH & BEYOND INC COMMON 75896100 55 1400 SH SOLE 1 0 0 1400
BEDFORD PPTY INVS INC COM PAR $0.02 76446301 3 200 SH SOLE 1 0 0 200
BELL ATLANTIC CORP COMMON 77853109 1490 24370 SH SOLE 1 0 0 24370
BELLSOUTH CORP COMMON 79860102 656 13996 SH SOLE 1 0 0 13996
BESTFOODS COMMON 08658U101 1032 22050 SH SOLE 1 0 0 22050
BETHLEHEM STL CORP PFD CV $2.50 87509402 21 1000 SH SOLE 1 0 0 1000
BIOGEN INC COMMON 90597105 437 6250 SH SOLE 1 0 0 6250
BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 1729 10200 SH SOLE 1 0 0 10200
BIOGEN INC CALL OPT JAN01 4 0909349A0 541 7000 SH CALL SOLE 1 0 0 7000
BLACK HILLS CORP COMMON 92113109 33 1500 SH SOLE 1 0 0 1500
BOEING CO COMMON 97023105 319 8434 SH SOLE 1 900 0 7534
BOMBARDIER INC CL B 97751200 20 800 SH SOLE 1 0 0 800
BOSTON PROPERTIES INC COMMON 101121101 10 300 SH SOLE 1 0 0 300
BRIGGS & STRATTON CORP COMMON 109043109 12 300 SH SOLE 1 0 0 300
BRISTOL MYERS SQUIBB CO COMMON 110122108 1756 30270 SH SOLE 1 0 0 30270
BRITISH TELECOMMUNICATIO DEPOSITORY RECEI 111021408 489 2600 SH SOLE 1 0 0 2600
BROADVISION INC COMMON 111412102 13 300 SH SOLE 1 0 0 300
BULGARI S P A DEPOSITORY RECEI 12015P102 9 1000 SH SOLE 1 0 0 1000
BURLINGTON RES INC COMMON 122014103 118 3197 SH SOLE 1 0 0 3197
CBL & ASSOC PPTYS INC COMMON 124830100 102 5000 SH SOLE 1 0 0 5000
CBS CORP COMMON 12490K107 543 9597 SH SOLE 1 0 0 9597
CIGNA CORP COMMON 125509109 91 1200 SH SOLE 1 0 0 1200
CMGI INC COMMON 125750109 2042 18020 SH SOLE 1 0 0 18020
CTS CORP COMMON 126501105 54 950 SH SOLE 1 0 0 950
CABLE & WIRELESS PUB LTD DEPOSITORY RECEI 126830207 90 1600 SH SOLE 1 0 0 1600
CABLEVISION SYS CORP CL A 12686C109 301 4950 SH SOLE 1 0 0 4950
CABLETRON SYS INC COMMON 126920107 12 400 SH SOLE 1 0 0 400
CADBURY SCHWEPPES DEL L PFD QIPS8.625% 127207207 118 5000 SOLE 1 0 0 5000
CAMDEN PPTY TR SH BEN INT 133131102 7 250 SH SOLE 1 0 0 250
CAMPBELL SOUP CO COMMON 134429109 98 3200 SH SOLE 1 0 0 3200
CANADIAN PAC LTD NEW COMMON 135923100 22 1000 SH SOLE 1 0 0 1000
CANON INC DEPOSITORY RECEI 138006309 144 3350 SH SOLE 1 0 0 3350
CAROLINA PWR & LT CO COMMON 144141108 16 500 SH SOLE 1 0 0 500
CARTER WALLACE INC COMMON 146285101 6 300 SH SOLE 1 0 0 300
CATERPILLAR INC DEL COMMON 149123101 83 2100 SH SOLE 1 900 0 1200
CELGENE CORP COMMON 151020104 483 4850 SH SOLE 1 0 0 4850
CELL PATHWAYS INC NEW COMMON 15114R101 17 500 SH SOLE 1 0 0 500
CELSION CORPORATION COMMON 15117N107 103 20000 SH SOLE 1 0 0 20000
CENTENNIAL COMMUNCTNS CO CL A NEW 15133V208 750 30850 SH SOLE 1 0 0 30850
CHAD THERAPEUTICS INC COMMON 157228107 0 103 SH SOLE 1 0 0 103
CHAMPION INTL CORP COMMON 158525105 29 540 SH SOLE 1 0 0 540
CHASE CAP V CAP SEC E7.03% 161479209 42 2000 SOLE 1 0 0 2000
CHASE MANHATTAN CORP NEW COMMON 16161A108 1928 22113 SH SOLE 1 0 0 22113
CHASE MANHATTAN CORP NEW PFD 10.96% 16161A835 18 700 SOLE 1 0 0 700
CHATEAU CMNTYS INC COMMON 161726104 5 200 SH SOLE 1 0 0 200
CHEVRON CORPORATION COMMON 166751107 1119 12107 SH SOLE 1 0 0 12107
CHINA TELECOM HONG KONG DEPOSITORY RECEI 169428109 1294 7300 SH SOLE 1 0 0 7300
CHUBB CORP COMMON 171232101 334 4950 SH SOLE 1 0 0 4950
CIENA CORP COMMON 171779101 13 100 SH SOLE 1 0 0 100
CISCO SYS INC COMMON 17275R102 25557 330564 SH SOLE 1 2400 0 328164
CITIGROUP INC COMMON 172967101 8199 136932 SH SOLE 1 900 0 136032
CITIGROUP CAP I TRUPS 8% 17305F201 5 228 SOLE 1 0 0 228
CLEAR CHANNEL COMMUNICAT COMMON 184502102 551 7975 SH SOLE 1 0 0 7975
CISCO SYSTEMS INC CALL OPT JAN01 4 18899W9A5 652 8000 SH CALL SOLE 1 0 0 8000
CLOROX CO DEL COMMON 189054109 169 5125 SH SOLE 1 0 0 5125
COASTAL CORP COMMON 190441105 64 1400 SH SOLE 1 0 0 1400
COCA COLA CO COMMON 191216100 3496 74475 SH SOLE 1 850 0 73625
COEUR D ALENE MINES CORP SDCV 6.000 06/1 192108AB4 21 35000 PRN SOLE 1 0 0 35000
COLGATE PALMOLIVE CO COMMON 194162103 1305 23150 SH SOLE 1 0 0 23150
COLONIAL COML CORP COM NEW 195621404 5 1100 SH SOLE 1 0 0 1100
COLT TELECOM GROUP PLC DEPOSITORY RECEI 196877104 376 1900 SH SOLE 1 0 0 1900
COMCAST CORP CL A SPL 200300200 275 6350 SH SOLE 1 0 0 6350
COMERICA INC COMMON 200340107 44 1050 SH SOLE 1 0 0 1050
COMPAQ COMPUTER CORP COMMON 204493100 14 500 SH SOLE 1 0 0 500
COMPUTER SCIENCES CORP COMMON 205363104 44 550 SH SOLE 1 0 0 550
COMSAT CORP COM SER 1 20564D107 7 316 SH SOLE 1 0 0 316
CONAGRA INC COMMON 205887102 8 460 SH SOLE 1 0 0 460
CONCENTRIC NETWORK CORP COMMON 20589R107 28 500 SH SOLE 1 0 0 500
CONOCO INC A CL A 208251306 15 600 SH SOLE 1 0 0 600
CONOCO INC B CL B 208251405 78 3060 SH SOLE 1 0 0 3060
CONSOLIDATED EDISON CO N PFD $5 209111707 12 200 SOLE 1 0 0 200
CONSOLIDATED EDISON CO N QUICS7.75%2031 209111848 4 200 SOLE 1 0 0 200
CONSOLIDATED EDISON INC COMMON 209115104 26 900 SH SOLE 1 0 0 900
CORN PRODS INTL INC COMMON 219023108 8 350 SH SOLE 1 0 0 350
CORNING INC COMMON 219350105 732 3775 SH SOLE 1 0 0 3775
CORNING INC CALL OPT JAN0113 2193529A1 8468 7000 SH CALL SOLE 1 0 0 7000
COULTER PHARMACEUTICAL I COMMON 222116105 328 10750 SH SOLE 1 0 0 10750
COVAD COMMUNICATIONS GRO COMMON 222814204 7 100 SH SOLE 1 0 0 100
CREDENCE SYS CORP COMMON 225302108 250 2000 SH SOLE 1 0 0 2000
CROWN CORK & SEAL INC COMMON 228255105 5 340 SH SOLE 1 0 0 340
CYGNUS INC COMMON 232560102 6 400 SH SOLE 1 0 0 400
CYPRESS COMMUNICATIONS I COMMON 232743104 25 1000 SH SOLE 1 0 0 1000
CYPRESS SEMICONDUCTOR CO COMMON 232806109 5689 116100 SH SOLE 1 1900 0 114200
CYPRESS SEMICONDUCTOR CALL OPT JAN02 2 2329389A0 831 15000 SH CALL SOLE 1 0 0 15000
DELL COMPUTER CORP COMMON 247025109 102 1900 SH SOLE 1 0 0 1900
DELPHI AUTOMOTIVE SYS CO COMMON 247126105 1 53 SH SOLE 1 0 0 53
DEUTSCHE LUFTHANSA A G DEPOSITORY RECEI 251561304 23 1000 SH SOLE 1 0 0 1000
DEUTSCHE TELEKOM AG DEPOSITORY RECEI 251566105 24 300 SH SOLE 1 0 0 300
DIAL CORP NEW COMMON 25247D101 5 385 SH SOLE 1 0 0 385
DIAMOND OFFSHORE DRILLIN COMMON 25271C102 12 300 SH SOLE 1 0 0 300
DIAMONDS TR UNIT SER 1 252787106 484 4425 SH SOLE 1 0 0 4425
DIGEX INC DEL CL A 253756100 11 100 SH SOLE 1 0 0 100
DISNEY WALT CO COM DISNEY 254687106 4546 110203 SH SOLE 1 900 0 109303
DOLE FOOD INC COMMON 256605106 4 215 SH SOLE 1 0 0 215
DOMINION RES INC VA NEW COMMON 25746U109 44 1142 SH SOLE 1 0 0 1142
DOUBLECLICK INC COMMON 258609304 103 1100 SH SOLE 1 0 0 1100
DOW CHEM CO COMMON 260543103 82 715 SH SOLE 1 0 0 715
DU PONT E I DE NEMOURS & COMMON 263534109 1310 24755 SH SOLE 1 900 0 23855
DUKE ENERGY CORP COMMON 264399106 129 2450 SH SOLE 1 0 0 2450
DUKE WEEKS REALTY CORP COM NEW 264411505 8 400 SH SOLE 1 0 0 400
DYCOM INDS INC COMMON 267475101 15 300 SH SOLE 1 0 0 300
E M C CORP MASS COMMON 268648102 1021 8105 SH SOLE 1 0 0 8105
ENI S P A DEPOSITORY RECEI 26874R108 8 150 SH SOLE 1 0 0 150
E PIPHANY INC COMMON 26881V100 7 50 SH SOLE 1 0 0 50
E-TEK DYNAMICS INC COMMON 269240107 1936 8230 SH SOLE 1 0 0 8230
AMERICA ONLINE INC CALL OPT JAN01 3 27499W9A0 35 500 SH CALL SOLE 1 0 0 500
EASTMAN KODAK CO COMMON 277461109 136 2500 SH SOLE 1 900 0 1600
ECHOSTAR COMMUNICATIONS CL A 278762109 142 1800 SH SOLE 1 0 0 1800
EDWARDS AG INC COMMON 281760108 68 1700 SH SOLE 1 0 0 1700
EL PASO ENERGY CORP DEL COMMON 283905107 49 1225 SH SOLE 1 0 0 1225
ELAN PLC DEPOSITORY RECEI 284131208 14 300 SH SOLE 1 0 0 300
ELECTRONIC ARTS INC COMMON 285512109 7 100 SH SOLE 1 0 0 100
ELECTRONIC DATA SYS NEW COMMON 285661104 16 250 SH SOLE 1 0 0 250
ELECTRONICS FOR IMAGING COMMON 286082102 6 100 SH SOLE 1 0 0 100
EMERSON ELEC CO COMMON 291011104 179 3375 SH SOLE 1 0 0 3375
ENDESA S A DEPOSITORY RECEI 29258N107 9 400 SH SOLE 1 0 0 400
ENERSIS S A DEPOSITORY RECEI 29274F104 4 200 SH SOLE 1 0 0 200
ENGAGE TECHNOLOGIES INC COMMON 292827102 15 200 SH SOLE 1 0 0 200
ENRON CORP COMMON 293561106 314 4200 SH SOLE 1 0 0 4200
ENTERGY CORP NEW COMMON 29364G103 6 300 SH SOLE 1 0 0 300
ENTERPRISE OIL PLC DEPOSITORY RECEI 293779203 24 1000 SH SOLE 1 0 0 1000
ENTERPRISE OIL PLC DEPOSITORY RECEI 293779302 6 300 SH SOLE 1 0 0 300
ENTREMED INC COMMON 29382F103 1185 20000 SH SOLE 1 0 0 20000
EQUANT N V DEPOSITORY RECEI 294409107 1002 11775 SH SOLE 1 0 0 11775
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 2720 28995 SH SOLE 1 0 0 28995
EXODUS COMMUNICATIONS IN COMMON 302088109 1346 9580 SH SOLE 1 0 0 9580
EXXON MOBIL CORP COMMON 30231G102 6026 77313 SH SOLE 1 900 0 76413
F & M NATL CORP COMMON 302374103 11 515 SH SOLE 1 0 0 515
FEDERAL NATL MTG ASSN COMMON 313586109 312 5510 SH SOLE 1 0 0 5510
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 11 550 SH SOLE 1 0 0 550
FEDEX CORP COMMON 31428X106 128 3300 SH SOLE 1 0 0 3300
F5 NETWORKS INC COMMON 315616102 164 2425 SH SOLE 1 0 0 2425
FIBERNET TELECOM GRP INC COMMON 315653105 305 16950 SH SOLE 1 0 0 16950
FIRST EXECUTIVE CORP DEL COMMON 320135106 0 231 SH SOLE 1 0 0 231
FIRST PAC LTD DEPOSITORY RECEI 335889200 1 450 SH SOLE 1 0 0 450
FIRST TENN NATL CORP COMMON 337162101 2 100 SH SOLE 1 0 0 100
FIRST UN CORP COMMON 337358105 129 3460 SH SOLE 1 0 0 3460
FORD MTR CO DEL COMMON 345370100 45 970 SH SOLE 1 0 0 970
FORTIS AMEV N V DEPOSITORY RECEI 34956J101 39 1518 SH SOLE 1 0 0 1518
FORTUNE BRANDS INC COMMON 349631101 58 2300 SH SOLE 1 0 0 2300
FRANCE TELECOM DEPOSITORY RECEI 35177Q105 522 2950 SH SOLE 1 0 0 2950
FRONTLINE CAP GROUP COMMON 35921N101 108 2450 SH SOLE 1 0 0 2450
GTE CORP COMMON 362320103 1629 22950 SH SOLE 1 0 0 22950
GABELLI EQUITY TR INC PFD 7.25% 362397309 22 1000 SOLE 1 0 0 1000
GALLAHER GROUP PLC DEPOSITORY RECEI 363595109 2 100 SH SOLE 1 0 0 100
GANNETT INC COMMON 364730101 11 150 SH SOLE 1 0 0 150
GENENTECH INC COM NEW 368710406 593 3900 SH SOLE 1 0 0 3900
GENETECH INC CALL OPT SEP 13 368710208 486 10000 SH CALL SOLE 1 0 0 10000
GENERAL ELEC CO COMMON 369604103 25218 162041 SH SOLE 1 900 0 161141
GENERAL ELECTRIC CO CALL OPT JAN01 9 3696079A6 2037 10800 SH CALL SOLE 1 0 0 10800
GENERAL MTRS CORP CL H CALL H JAN01 8 3704419A7 1306 10000 SH CALL SOLE 1 0 0 10000
GENERAL MTRS CORP COMMON 370442105 1387 16753 SH SOLE 1 900 0 15853
GENERAL MTRS CL H CL H NEW 370442832 1517 12185 SH SOLE 1 0 0 12185
GENERAL MOTORS CORP CALL OPT JAN01 5 3704459A8 838 10000 SH CALL SOLE 1 0 0 10000
GEORGIA PAC CORP COM GA PAC GRP 373298108 138 3490 SH SOLE 1 0 0 3490
GEORGIA PAC CORP PEPS UNITS 373298801 17 400 SOLE 1 0 0 400
GILLETTE CO COMMON 375766102 1879 49861 SH SOLE 1 0 0 49861
GLAXO WELLCOME PLC DEPOSITORY RECEI 37733W105 92 1600 SH SOLE 1 0 0 1600
GLOBAL MARINE INC COMMON 379352404 4 150 SH SOLE 1 0 0 150
GLOBAL TELESYSTEMS GROUP COMMON 37936U104 21 1000 SH SOLE 1 0 0 1000
GLOBO CABO S A DEPOSITORY RECEI 37957X102 169 9000 SH SOLE 1 0 0 9000
GOLDMAN SACHS GROUP INC COMMON 38141G104 650 6175 SH SOLE 1 0 0 6175
GOODRICH B F CO COMMON 382388106 8 265 SH SOLE 1 0 0 265
GROUPE DANONE DEPOSITORY RECEI 399449107 104 2350 SH SOLE 1 0 0 2350
GROVE PPTY TR SH BEN INT 399613108 65 5000 SH SOLE 1 0 0 5000
HALLIBURTON CO COMMON 406216101 321 7800 SH SOLE 1 0 0 7800
HARLEY DAVIDSON INC COMMON 412822108 64 800 SH SOLE 1 0 0 800
HARTFORD FINL SVCS GROUP COMMON 416515104 45 850 SH SOLE 1 0 0 850
HAWAIIAN ELEC INDUSTRIES COMMON 419870100 25 800 SH SOLE 1 0 0 800
HERSHEY FOODS CORP COMMON 427866108 29 600 SH SOLE 1 0 0 600
HEWLETT PACKARD CO COMMON 428236103 1141 8585 SH SOLE 1 900 0 7685
YAHOO INC CALL OPT JAN0113 43599W9A6 3580 3000 SH CALL SOLE 1 0 0 3000
HOME DEPOT INC COMMON 437076102 2072 32127 SH SOLE 1 900 0 31227
HONEYWELL INTL INC COMMON 438516106 1659 31480 SH SOLE 1 900 0 30580
HOWARD SAVINGS COMMON 442765103 1 4000 SH SOLE 1 0 0 4000
HUMANA INC COMMON 444859102 6 815 SH SOLE 1 0 0 815
HUMAN GENOME SCIENCES IN COMMON 444903108 8 100 SH SOLE 1 0 0 100
ICG COMMUNICATIONS INC COMMON 449246107 152 4200 SH SOLE 1 0 0 4200
IDEC PHARMACEUTICALS COR COMMON 449370105 48 490 SH SOLE 1 0 0 490
IRT PPTY CO COMMON 450058102 7 900 SH SOLE 1 0 0 900
ITXC CORP COMMON 45069F109 38 800 SH SOLE 1 0 0 800
IXL ENTERPRISES INC COMMON 450718101 11 400 SH SOLE 1 0 0 400
IGATE CAPITAL CORP COMMON 45169U105 135 3000 SH SOLE 1 0 0 3000
ILLINOIS TOOL WKS INC COMMON 452308109 39 700 SH SOLE 1 0 0 700
IMMUNEX CORP NEW COMMON 452528102 674 10623 SH SOLE 1 0 0 10623
IMPATH INC COMMON 45255G101 217 5900 SH SOLE 1 0 0 5900
IMPERIAL CHEM INDS PLC DEPOSITORY RECEI 452704505 13 400 SH SOLE 1 0 0 400
INFINITY BROADCASTING CP CL A 45662S102 16 500 SH SOLE 1 0 0 500
INFONET SVCS CORP CL B 45666T106 20 900 SH SOLE 1 0 0 900
ING GROEP N V DEPOSITORY RECEI 456837103 72 1304 SH SOLE 1 0 0 1304
INGERSOLL-RAND CO COMMON 456866102 7 150 SH SOLE 1 0 0 150
INKINE PHARMACEUTICALS I COMMON 457214104 7 1000 SH SOLE 1 0 0 1000
INKTOMI CORP COMMON 457277101 380 1950 SH SOLE 1 0 0 1950
INTEL CORP COMMON 458140100 12620 95653 SH SOLE 1 900 0 94753
INTEL CORP CALL OPT JAN01 7 45814D9A2 68 500 SH CALL SOLE 1 0 0 500
INTERNATIONAL BUSINESS M COMMON 459200101 11748 99558 SH SOLE 1 900 0 98658
INTERNATIONAL BUS MACH CALL OPT JAN01 8 4592039A5 1413 11300 SH CALL SOLE 1 0 0 11300
INTL PAPER CO COMMON 460146103 486 11375 SH SOLE 1 850 0 10525
INTERNET CAP GROUP INC CALL OPT JUN 7 46059C106 271 3000 SH CALL SOLE 1 0 0 3000
INTERNET INITIATIVE JAPA DEPOSITORY RECEI 46059T109 373 5350 SH SOLE 1 0 0 5350
INTERNET HOLDRS TR DEPOSIT RCPT 46059W102 1381 8300 SH SOLE 1 400 0 7900
INTERPUBLIC GROUP COS IN COMMON 460690100 9 200 SH SOLE 1 0 0 200
IONA TECHNOLOGIES PLC DEPOSITORY RECEI 46206P109 48 650 SH SOLE 1 0 0 650
JDS UNIPHASE CORP COMMON 46612J101 1059 8782 SH SOLE 1 0 0 8782
JNI CORP COMMON 46622G105 104 2050 SH SOLE 1 0 0 2050
INTERNATIONAL BUS MACH CALL OPT JAN01 6 46799W9A7 122 1000 SH CALL SOLE 1 0 0 1000
JEFFERSON PILOT CORP COMMON 475070108 47 700 SH SOLE 1 0 0 700
JOHNSON & JOHNSON COMMON 478160104 4062 57821 SH SOLE 1 900 0 56921
JOHNSON & JOHNSON CALL OPT JAN01 5 4781635 33450 15000 SH CALL SOLE 1 0 0 15000
JOHNSON CTLS INC COMMON 478366107 187 3450 SH SOLE 1 0 0 3450
KANSAS CITY PWR & LT CO COMMON 485134100 58 2000 SH SOLE 1 0 0 2000
KERR MCGEE CORP COMMON 492386107 14 250 SH SOLE 1 0 0 250
KEYSPAN CORP COMMON 49337W100 315 11400 SH SOLE 1 0 0 11400
KIMBERLY CLARK CORP COMMON 494368103 576 10272 SH SOLE 1 0 0 10272
KIMCO REALTY CORP COMMON 49446R109 4 100 SH SOLE 1 0 0 100
KNIGHT RIDDER INC COMMON 499040103 77 1500 SH SOLE 1 0 0 1500
KNIGHT/TRIMARK GROUP INC CL A 499068104 15 300 SH SOLE 1 0 0 300
KONINKLIJKE AHOLD N V DEPOSITORY RECEI 500467303 3 106 SH SOLE 1 0 0 106
KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472204 5130 29946 SH SOLE 1 0 0 29946
KOREA TELECOM DEPOSITORY RECEI 50063P103 90 2050 SH SOLE 1 0 0 2050
KRAUSES FURNITURE INC COM NEW 500760202 8 2000 SH SOLE 1 0 0 2000
LSI LOGIC CORP CALL OPT JAN01 3 5019499A1 756 10000 SH CALL SOLE 1 0 0 10000
L OREAL CO DEPOSITORY RECEI 502117203 65 500 SH SOLE 1 0 0 500
LSI LOGIC CORP COMMON 502161102 58 800 SH SOLE 1 0 0 800
QUALCOMM INC PUT OPT APR 13 50899W9P5 102 800 SH PUT SOLE 1 0 0 800
QUALCOMM INC CALL OPT JAN0112 51299W9A2 4706 4000 SH CALL SOLE 1 0 0 4000
LATTICE SEMICONDUCTOR CO COMMON 518415104 10 150 SH SOLE 1 0 0 150
LAUDER ESTEE AUTOMATIC C TRACES 6.2% EL 518437207 392 4400 SOLE 1 0 0 4400
LAUDER ESTEE COS INC CL A 518439104 173 3450 SH SOLE 1 0 0 3450
LEVEL 3 COMMUNICATIONS I COMMON 52729N100 53 500 SH SOLE 1 0 0 500
LEXMARK INTL GROUP INC CL A 529771107 1967 18600 SH SOLE 1 0 0 18600
LIBERTY PPTY TR SH BEN INT 531172104 14 600 SH SOLE 1 0 0 600
LILLY ELI & CO COMMON 532457108 969 15480 SH SOLE 1 0 0 15480
LINENS N THINGS INC COMMON 535679104 2 50 SH SOLE 1 0 0 50
LITTON INDS INC COMMON 538021106 11 250 SH SOLE 1 0 0 250
LOCKHEED MARTIN CORP COMMON 539830109 14 700 SH SOLE 1 0 0 700
LODGIAN INC COMMON 54021P106 4 1000 SH SOLE 1 0 0 1000
LOWES COS INC COMMON 548661107 39 675 SH SOLE 1 0 0 675
LUCENT TECHNOLOGIES INC COMMON 549463107 3798 62014 SH SOLE 1 0 0 62014
MBIA INC COMMON 55262C100 7 140 SH SOLE 1 0 0 140
MCI CAP I PFD QUIPS A 55267Y206 18 800 SOLE 1 0 0 800
MCI WORLDCOM INC COMMON 55268B106 955 21082 SH SOLE 1 0 0 21082
MEPC INTL CAP L P QUIPS 9.125%05 55271M206 39 2000 SOLE 1 0 0 2000
MACK CALI RLTY CORP COMMON 554489104 148 5800 SH SOLE 1 0 0 5800
MANNING GREG AUCTIONS IN COMMON 563823103 20 1000 SH SOLE 1 0 0 1000
MANUGISTICS GROUP INC COMMON 565011103 133 2600 SH SOLE 1 0 0 2600
MARCONI PLC DEPOSITORY RECEI 566306106 282 23600 SH SOLE 1 0 0 23600
MARINE DRILLING COS INC COM PAR $0.01 568240204 41 1500 SH SOLE 1 0 0 1500
MARSH & MCLENNAN COS INC COMMON 571748102 174 1575 SH SOLE 1 0 0 1575
MARTHA STEWART LIVING OM CL A 573083102 10 400 SH SOLE 1 0 0 400
MATTEL INC COMMON 577081102 5 500 SH SOLE 1 0 0 500
MCDONALDS CORP COMMON 580135101 1233 33000 SH SOLE 1 900 0 32100
MCGRAW HILL COS INC COMMON 580645109 30 654 SH SOLE 1 0 0 654
MEDIAONE GROUP INC COMMON 58440J104 8 100 SH SOLE 1 0 0 100
MEDICAL MANAGER CORP NEW COMMON 58461U103 24 675 SH SOLE 1 0 0 675
MEDIMMUNE INC COMMON 584699102 17 100 SH SOLE 1 0 0 100
MEDTRONIC INC COMMON 585055106 2203 42831 SH SOLE 1 0 0 42831
MELLON FINL CORP COMMON 58551A108 48 1600 SH SOLE 1 0 0 1600
MERCK & CO INC COMMON 589331107 4898 78841 SH SOLE 1 900 0 77941
MERRILL LYNCH PFD CAP TR TOPRS 7% 59021F206 41 2000 SOLE 1 0 0 2000
METRICOM INC COMMON 591596101 28 600 SH SOLE 1 0 0 600
MICROSOFT CORP COMMON 594918104 9573 90098 SH SOLE 1 1200 0 88898
MICRON TECHNOLOGY INC COMMON 595112103 63 500 SH SOLE 1 0 0 500
MID-AMER APT CMNTYS INC COMMON 59522J103 258 11350 SH SOLE 1 0 0 11350
MIIX GROUP INC COMMON 59862V104 11 800 SH SOLE 1 0 0 800
MILLENNIUM PHARMACEUTICA COMMON 599902103 136 1050 SH SOLE 1 0 0 1050
MINNESOTA MNG & MFG CO COMMON 604059105 1242 14020 SH SOLE 1 900 0 13120
MOLEX INC COMMON 608554101 68 1150 SH SOLE 1 0 0 1150
MONSANTO CO COMMON 611662107 237 4600 SH SOLE 1 0 0 4600
MONTANA POWER CO COMMON 612085100 122 1900 SH SOLE 1 0 0 1900
MORGAN J P & CO INC COMMON 616880100 2522 19140 SH SOLE 1 900 0 18240
MORGAN STAN DEAN WITTR CALL OPT JAN01 2 6169329A9 659 8000 SH CALL SOLE 1 0 0 8000
MORGAN STANLEY DEAN WITT PERQS SUNW2001 617446240 16 2000 SOLE 1 0 0 2000
MORGAN STANLEY DEAN WITT COM NEW 617446448 282 3400 SH SOLE 1 0 0 3400
MOTOROLA INC COMMON 620076109 1807 12380 SH SOLE 1 0 0 12380
MOTOROLA INC CALL OPT JAN0110 6200799A3 7527 6500 SH CALL SOLE 1 0 0 6500
NEC CORP DEPOSITORY RECEI 629050204 67 450 SH SOLE 1 0 0 450
NASDAQ 100 TR UNIT SER 1 631100104 132 1210 SH SOLE 1 0 0 1210
NATIONAL FUEL GAS CO N J COMMON 636180101 9 200 SH SOLE 1 0 0 200
NATIONAL SEMICONDUCTOR C COMMON 637640103 33 550 SH SOLE 1 0 0 550
NETWORKS ASSOCS INC COMMON 640938106 10 300 SH SOLE 1 0 0 300
NESTLE S A DEPOSITORY RECEI 641069406 1474 16450 SH SOLE 1 0 0 16450
NEW JERSEY ECONOMIC DEV INCM BD 7.6% 29 645915208 207 8800 SOLE 1 0 0 8800
NEW YORK TIMES CO CL A 650111107 90 2100 SH SOLE 1 0 0 2100
NEWELL RUBBERMAID INC COMMON 651229106 78 3153 SH SOLE 1 0 0 3153
INTEL CORP CALL OPT JAN02 7 65248L9A8 71 500 SH CALL SOLE 1 0 0 500
NEXTEL COMMUNICATIONS IN CL A 65332V103 96 650 SH SOLE 1 0 0 650
NEXTLINK COMMUNICATIONS CL A 65333H707 7502 60650 SH SOLE 1 0 0 60650
NIPPON TELEG & TEL CORP DEPOSITORY RECEI 654624105 477 6050 SH SOLE 1 0 0 6050
NISOURCE INC COMMON 65473P105 20 1197 SH SOLE 1 0 0 1197
NOKIA CORP DEPOSITORY RECEI 654902204 1698 7650 SH SOLE 1 0 0 7650
NORTEL NETWORKS CORP COMMON 656569100 30 240 SH SOLE 1 0 0 240
NORTHROP GRUMMAN CORP COMMON 666807102 16 300 SH SOLE 1 0 0 300
NORTHWEST NAT GAS CO COMMON 667655104 15 750 SH SOLE 1 0 0 750
NOVARTIS A G DEPOSITORY RECEI 66987V109 79 1156 SH SOLE 1 0 0 1156
NOVO-NORDISK A S DEPOSITORY RECEI 670100205 27 400 SH SOLE 1 0 0 400
NUEVO GROUP IUSACELL SA DEPOSITORY RECEI 670512102 913 45100 SH SOLE 1 0 0 45100
ONE VALLEY BANCORP INC COMMON 682419106 73 2108 SH SOLE 1 0 0 2108
ORACLE CORP COMMON 68389X105 893 11435 SH SOLE 1 1600 0 9835
ORACLE CORP CALL OPT JAN01 2 6839649A0 640 8000 SH CALL SOLE 1 0 0 8000
OTTER TAIL PWR CO COMMON 689648103 28 1400 SH SOLE 1 0 0 1400
PE CORP BIO GRP COM PE BIO GRP 69332S102 309 3200 SH SOLE 1 0 0 3200
PE CORP CELAERA GEN CELERA GEN GRP 69332S201 28 300 SH SOLE 1 0 0 300
PNC FINL SVCS GROUP INC COMMON 693475105 36 800 SH SOLE 1 0 0 800
PPG INDS INC COMMON 693506107 42 800 SH SOLE 1 0 0 800
PSE&G CAP TR I QUIPS A 8.625% 693941205 11 500 SOLE 1 0 0 500
PACTIV CORP COMMON 695257105 4 405 SH SOLE 1 0 0 405
PALM INC COMMON 696642107 18 400 SH SOLE 1 0 0 400
PEPSICO INC COMMON 713448108 403 11550 SH SOLE 1 0 0 11550
PET QUARTERS INC COMMON 715844106 5 1500 SH SOLE 1 0 0 1500
PETROLEUM GEO-SVCS A/S DEPOSITORY RECEI 716597109 118 6795 SH SOLE 1 0 0 6795
PHARMACIA & UPJOHN INC COMMON 716941109 74 1246 SH SOLE 1 0 0 1246
PFIZER INC COMMON 717081103 2036 55690 SH SOLE 1 0 0 55690
PHILIP MORRIS COS INC COMMON 718154107 60 2825 SH SOLE 1 750 0 2075
PHILLIPS PETE CO COMMON 718507106 76 1650 SH SOLE 1 0 0 1650
PHONE COM INC COMMON 71920Q100 29 175 SH SOLE 1 0 0 175
PITNEY BOWES INC COMMON 724479100 340 7600 SH SOLE 1 0 0 7600
PLUM CREEK TIMBER CO INC COMMON 729251108 54 2200 SH SOLE 1 0 0 2200
POLARIS INDS INC COMMON 731068102 18 600 SH SOLE 1 0 0 600
POLAROID CORP COMMON 731095105 7 300 SH SOLE 1 0 0 300
PORTUGAL TELECOM S A DEPOSITORY RECEI 737273102 299 24050 SH SOLE 1 0 0 24050
POST PPTYS INC COMMON 737464107 28 700 SH SOLE 1 0 0 700
POTOMAC ELEC PWR CO COMMON 737679100 18 800 SH SOLE 1 0 0 800
POWERTEL INC COMMON 73936C109 204 2950 SH SOLE 1 0 0 2950
PRESIDENTIAL LIFE CORP COMMON 740884101 4 300 SH SOLE 1 0 0 300
PRICELINE COM INC COMMON 741503106 16 200 SH SOLE 1 0 0 200
PROCTER & GAMBLE CO COMMON 742718109 3320 58762 SH SOLE 1 900 0 57862
PROCTER & GAMBLE CO CALL OPT JAN01 4 7427219A3 670 11000 SH CALL SOLE 1 0 0 11000
PROGENICS PHARMACEUTICAL COMMON 743187106 343 4900 SH SOLE 1 0 0 4900
PROGRESSIVE CORP OHIO COMMON 743315103 11 150 SH SOLE 1 0 0 150
PROVIDENCE ENERGY CORP COMMON 743743106 0 10 SH SOLE 1 0 0 10
PROVIDIAN FINL CORP COMMON 74406A102 191 2200 SH SOLE 1 0 0 2200
PSINET INC COMMON 74437C101 10 300 SH SOLE 1 0 0 300
PUBLIC SVC ENTERPRISE GR COMMON 744573106 46 1550 SH SOLE 1 0 0 1550
PURCHASEPRO COM COMMON 746144104 584 8050 SH SOLE 1 0 0 8050
QLOGIC CORP COMMON 747277101 1335 9850 SH SOLE 1 0 0 9850
QUAKER OATS CO COMMON 747402105 12 200 SH SOLE 1 0 0 200
QUALCOMM INC COMMON 747525103 2451 16418 SH SOLE 1 0 0 16418
QUEST SOFTWARE INC COMMON 74834T103 34 300 SH SOLE 1 0 0 300
QUESTAR CORP COMMON 748356102 9 480 SH SOLE 1 0 0 480
QWEST COMMUNICATIONS INT COMMON 749121109 34 700 SH SOLE 1 0 0 700
RGC RES INC COMMON 74955L103 8 400 SH SOLE 1 0 0 400
REDBACK NETWORKS INC COMMON 757209101 255 850 SH SOLE 1 0 0 850
RELIANT ENERGY INC COMMON 75952J108 84 3550 SH SOLE 1 0 0 3550
REUTERS GROUP PLC DEPOSITORY RECEI 76132M102 738 6184 SH SOLE 1 0 0 6184
RHODIA DEPOSITORY RECEI 762397107 18 1000 SH SOLE 1 0 0 1000
RIGGS NATL CORP WASH DC COMMON 766570105 76 6200 SH SOLE 1 0 0 6200
CMGI INC CALL OPT JAN01 9 76799W9A4 790 6000 SH CALL SOLE 1 0 0 6000
ROCHE HLDG LTD DEPOSITORY RECEI 771195104 27 250 SH SOLE 1 0 0 250
QUANTAS AIRWAYS QUANTAS AIRWAYS 779741057 2 1000 SH SOLE 1 0 0 1000
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 1002 17332 SH SOLE 1 0 0 17332
ROYAL PTT NEDERLAND N V DEPOSITORY RECEI 780641205 23 200 SH SOLE 1 0 0 200
RURAL CELLULAR CORP CL A 781904107 301 4450 SH SOLE 1 0 0 4450
SBC COMMUNICATIONS INC COMMON 78387G103 663 15742 SH SOLE 1 900 0 14842
SDL INC COMMON 784076101 100 470 SH SOLE 1 0 0 470
SPDR TR UNIT SER 1 78462F103 563 3745 SH SOLE 1 0 0 3745
SAFEWAY INC COM NEW 786514208 9 195 SH SOLE 1 0 0 195
ST JUDE MED INC COMMON 790849103 18 700 SH SOLE 1 0 0 700
ST PAUL COS INC COMMON 792860108 12 360 SH SOLE 1 0 0 360
SANMINA CORP COMMON 800907107 7 100 SH SOLE 1 0 0 100
SAP AKTIENGESELLSCHAFT DEPOSITORY RECEI 803054204 18 300 SH SOLE 1 0 0 300
SCHERING PLOUGH CORP COMMON 806605101 3139 84545 SH SOLE 1 0 0 84545
SCHLUMBERGER LTD COMMON 806857108 2258 29521 SH SOLE 1 0 0 29521
SCHLUMBERGER LTD CALL OPT JAN01 5 8069059A5 806 10000 SH CALL SOLE 1 0 0 10000
SCIENTIFIC ATLANTA INC COMMON 808655104 63 1000 SH SOLE 1 0 0 1000
SEALED AIR CORP NEW COMMON 81211K100 5 100 SH SOLE 1 0 0 100
SECTOR SPDR TR SBI BASIC INDS 81369Y100 1 50 SH SOLE 1 0 0 50
SECTOR SPDR TR SBI INT-TECH 81369Y803 30 500 SH SOLE 1 0 0 500
SEPRACOR INC COMMON 817315104 15 200 SH SOLE 1 0 0 200
SHELL CDA LTD CL A 822567103 76 3950 SH SOLE 1 0 0 3950
SHELL TRANS & TRADING PL DEPOSITORY RECEI 822703609 910 18550 SH SOLE 1 0 0 18550
SHERWIN WILLIAMS CO COMMON 824348106 2 84 SH SOLE 1 0 0 84
SIDEWARE SYSTEMS INC COMMON 825907108 5 500 SH SOLE 1 0 0 500
SIEMENS A G DEPOSITORY RECEI 826197402 929 6450 SH SOLE 1 0 0 6450
SIRIUS SATELLITE RADIO I COMMON 82966U103 29 500 SH SOLE 1 0 0 500
SMITHKLINE BEECHAM PLC DEPOSITORY RECEI 832378301 572 8652 SH SOLE 1 0 0 8652
SOLECTRON CORP COMMON 834182107 1164 29000 SH SOLE 1 0 0 29000
SONICWALL INC COMMON 835470105 10 150 SH SOLE 1 0 0 150
SONOSITE INC COMMON 83568G104 7 200 SH SOLE 1 0 0 200
SONY CORP DEPOSITORY RECEI 835699307 1450 5175 SH SOLE 1 0 0 5175
SONY CORP CALL OPT JAN0120 83569X9A6 7814 6000 SH CALL SOLE 1 0 0 6000
SOUTHERN CO COMMON 842587107 13 600 SH SOLE 1 0 0 600
SOUTHERN UN CO NEW COMMON 844030106 2 105 SH SOLE 1 0 0 105
SOUTHWEST AIRLS CO COMMON 844741108 16 750 SH SOLE 1 0 0 750
SOUTHWEST GAS CORP COMMON 844895102 4 200 SH SOLE 1 0 0 200
SPRINT CORP COM FON GROUP 852061100 797 12600 SH SOLE 1 0 0 12600
PCS SPRINT CORP PCS COM SER 1 852061506 806 12300 SH SOLE 1 0 0 12300
STAPLES INC COMMON 855030102 4 200 SH SOLE 1 0 0 200
STARMEDIA NETWORK INC COMMON 855546107 5 150 SH SOLE 1 0 0 150
STATE STR CORP COMMON 857477103 194 2000 SH SOLE 1 0 0 2000
STMICROELECTRONICS N V COMMON 861012102 1020 5450 SH SOLE 1 0 0 5450
STRYKER CORP COMMON 863667101 21 300 SH SOLE 1 0 0 300
SUMMIT BANCORP COMMON 866005101 119 4530 SH SOLE 1 0 0 4530
SUMMIT PPTYS INC COMMON 866239106 8 400 SH SOLE 1 0 0 400
SUN MICROSYSTEMS INC COMMON 866810104 15642 166935 SH SOLE 1 1400 0 165535
SUN MICROSYSTEMS INC CALL OPT JAN01 1 8668129A0 595 6200 SH CALL SOLE 1 0 0 6200
SWISSCOM AG DEPOSITORY RECEI 871013108 11 300 SH SOLE 1 0 0 300
SYMBOL TECHNOLOGIES INC COMMON 871508107 21 250 SH SOLE 1 0 0 250
TANDY CORP COMMON 875382103 13 265 SH SOLE 1 0 0 265
TANNING TECHNOLOGY CORP COMMON 87588P101 47 1100 SH SOLE 1 0 0 1100
TARGET CORP COMMON 8.76E+110 480 6425 SH SOLE 1 0 0 6425
TELECOM ITALIA SPA DEPOSITORY RECEI 87927W106 76 500 SH SOLE 1 0 0 500
TELEFONICA S A DEPOSITORY RECEI 879382208 45 600 SH SOLE 1 0 0 600
TELIGENT INC CL A 87959Y103 5536 82855 SH SOLE 1 0 0 82855
TELLABS INC COMMON 879664100 391 6200 SH SOLE 1 0 0 6200
TENNECO AUTOMOTIVE INC COMMON 8.80E+105 1 81 SH SOLE 1 0 0 81
TENNESSEE VALLEY AUTH PARRS D 2028 880591300 216 10000 SOLE 1 0 0 10000
TERADYNE INC COMMON 880770102 324 3950 SH SOLE 1 0 0 3950
TEXACO INC COMMON 881694103 706 13135 SH SOLE 1 0 0 13135
TEXAS INSTRS INC COMMON 882508104 6855 42845 SH SOLE 1 0 0 42845
TEXAS UTILS CO COMMON 882848104 10 350 SH SOLE 1 0 0 350
TEXTRON INC COMMON 883203101 229 3770 SH SOLE 1 0 0 3770
THERMO ELECTRON CORP COMMON 883556102 20 1000 SH SOLE 1 0 0 1000
TIME WARNER INC COMMON 887315109 4576 45761 SH SOLE 1 0 0 45761
TIME WARNER CAP I PFD TR 8.875% 88731G204 19 800 SOLE 1 0 0 800
TIMES MIRROR CO NEW COM SER A 887364107 60 650 SH SOLE 1 0 0 650
TOOTSIE ROLL INDS INC COMMON 890516107 64 2018 SH SOLE 1 0 0 2018
TORONTO DOMINION BK ONT COM NEW 891160509 29 1100 SH SOLE 1 0 0 1100
TOYS R US INC COMMON 892335100 15 1000 SH SOLE 1 0 0 1000
TRANSCANADA PIPELINES LT PFD 8.25% 2047 893526723 9 400 SOLE 1 0 0 400
TRAVELERS P&C CAP I PFD TR 8.08% 893931204 125 5400 SOLE 1 0 0 5400
TRICON GLOBAL RESTAURANT COMMON 895953107 7 240 SH SOLE 1 0 0 240
TRIBUNE CO NEW COMMON 896047107 69 1900 SH SOLE 1 0 0 1900
TYCO INTL LTD NEW COMMON 902124106 838 16710 SH SOLE 1 0 0 16710
USX MARATHON GROUP COM NEW 902905827 34 1300 SH SOLE 1 0 0 1300
USA NETWORKS INC COMMON 902984103 120 5300 SH SOLE 1 0 0 5300
US ONCOLOGY INC COMMON 90338W103 5 1000 SH SOLE 1 0 0 1000
UNILEVER PLC DEPOSITORY RECEI 904767704 152 5803 SH SOLE 1 0 0 5803
UNION PAC CORP COMMON 907818108 4 100 SH SOLE 1 0 0 100
UNITED DOMINION REALTY T COMMON 910197102 3 250 SH SOLE 1 0 0 250
UNITED HEALTHCARE CORP COMMON 910581107 37 615 SH SOLE 1 0 0 615
UNITED PAN-EUROPE COMMUN DEPOSITORY RECEI 911300200 561 11325 SH SOLE 1 0 0 11325
UNITED PARCEL SERVICE IN CL B 911312106 123 1950 SH SOLE 1 0 0 1950
UNITED STATES CELLULAR C COMMON 911684108 5402 76085 SH SOLE 1 0 0 76085
UNITED STATES CELLULAR C NOTE 6/1 911684AA6 68 100000 PRN SOLE 1 0 0 100000
U S WEST INC NEW COMMON 91273H101 101 1388 SH SOLE 1 0 0 1388
UNITED TECHNOLOGIES CORP COMMON 913017109 1463 23155 SH SOLE 1 900 0 22255
UNIVISION COMMUNICATIONS CL A 914906102 514 4550 SH SOLE 1 0 0 4550
UNOCAL CORP COMMON 915289102 3 100 SH SOLE 1 0 0 100
UTSTARCOM INC COMMON 918076100 62 800 SH SOLE 1 0 0 800
VALASSIS COMMUNICATIONS COMMON 918866104 17 525 SH SOLE 1 0 0 525
VALENCE TECHNOLOGY INC COMMON 918914102 7 300 SH SOLE 1 0 0 300
VERITAS SOFTWARE CO COMMON 923436109 437 3337 SH SOLE 1 0 0 3337
VERISIGN INC COMMON 9.23E+106 602 4025 SH SOLE 1 0 0 4025
VIANT CORP COMMON 92553N107 17 500 SH SOLE 1 0 0 500
VICON INDS INC COMMON 925811101 0 100 SH SOLE 1 0 0 100
VISTA PPTYS INC CL A 928382100 0 24 SH SOLE 1 0 0 24
VITESSE SEMICONDUCTOR CO COMMON 928497106 87 900 SH SOLE 1 0 0 900
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 930 16735 SH SOLE 1 0 0 16735
VOICESTREAM WIRELESS COR COMMON 928615103 2846 22097 SH SOLE 1 0 0 22097
WACHOVIA CORP COMMON 929771103 20 300 SH SOLE 1 0 0 300
WAL MART STORES INC COMMON 931142103 1040 18400 SH SOLE 1 900 0 17500
WALGREEN CO COMMON 931422109 44 1700 SH SOLE 1 0 0 1700
WARNER LAMBERT CO COMMON 934488107 332 3400 SH SOLE 1 0 0 3400
WASHINGTON MUT INC COMMON 939322103 37 1415 SH SOLE 1 0 0 1415
JDS UNIPHASE CORP CALL OPT SEP 9 94099W9I7 672 5000 SH CALL SOLE 1 0 0 5000
WATSON PHARMACEUTICALS I COMMON 942683103 24 600 SH SOLE 1 0 0 600
WEINGARTEN RLTY INVS PFD A 7.44% 948741202 4 200 SOLE 1 0 0 200
WELLS FARGO & CO NEW COMMON 949746101 179 4402 SH SOLE 1 0 0 4402
WESTERN WIRELESS CORP CL A 9.60E+208 11 250 SH SOLE 1 0 0 250
WEYERHAEUSER CO COMMON 962166104 74 1300 SH SOLE 1 0 0 1300
WHIRLPOOL CORP COMMON 963320106 6 100 SH SOLE 1 0 0 100
WHITE PINE SOFTWARE INC COMMON 964347108 182 5050 SH SOLE 1 0 0 5050
WILLIAMS COMMUNICATIONS CL A 969455104 91 1750 SH SOLE 1 0 0 1750
WILLIAMS COS INC DEL COMMON 969457100 395 8998 SH SOLE 1 0 0 8998
WORLD WIRELESS COMMUNICA COMMON 98155B102 3 500 SH SOLE 1 0 0 500
XM SATELLITE RADIO HLDGS CL A 983759101 75 2150 SH SOLE 1 0 0 2150
XILINX INC COMMON 983919101 17 200 SH SOLE 1 0 0 200
XEROX CORP COMMON 984121103 35 1350 SH SOLE 1 0 0 1350
YAHOO INC COMMON 984332106 1087 6340 SH SOLE 1 0 0 6340
YOUNG & RUBICAM INC COMMON 987425105 28 600 SH SOLE 1 0 0 600
LERNOUT & HAUSPIE SPEECH COMMON B5628B104 2163 19575 SH SOLE 1 0 0 19575
DAIMLERCHRYSLER AG ORD D1668R123 263 4021 SH SOLE 1 0 0 4021
AUTONOMY AUTONOMY G0669T101 162 900 SH SOLE 1 0 0 900
BSCH FINANCE LTD PREF G 8.125% G16547161 132 6000 SOLE 1 0 0 6000
ESPIRITO SANTO OVERSEAS PREF A 8.5% G3122A107 11 500 SOLE 1 0 0 500
GLOBAL CROSSING LTD COMMON G3921A100 10 233 SH SOLE 1 0 0 233
GLOBALSTAR TELECOMMUNICT COMMON G3930H104 10 750 SH SOLE 1 0 0 750
KNIGHTSBRIDGE TANKERS LT ORD G5299G106 46 2600 SH SOLE 1 0 0 2600
PARTNERRE LTD PFD SER A 8% G6852T113 8 350 SOLE 1 0 0 350
PSION PLC PSION PLC G72928107 85 1150 SH SOLE 1 0 0 1150
SANTANDER FINANCE PREF. SE G7804A160 43 1600 SOLE 1 0 0 1600
TRANSOCEAN SEDCO FOREX I ORD G90078109 394 7676 SH SOLE 1 0 0 7676
MILLICOM INTL CELLULAR S ORD L6388F102 23 400 SH SOLE 1 0 0 400
ASM LITHOGRAPHY HLDG N V DEPOSITORY RECEI N07059111 592 5300 SH SOLE 1 0 0 5300
LIBERTEL N.V. ADR N52519100 21 1000 SH SOLE 1 0 0 1000
FLEXTRONICS INTL LTD ORD Y2573F102 944 13400 SH SOLE 1 0 0 13400
PACIFIC CENT CYBERWORKS PACIFIC CENT CYB Y6801N100 1 400 SH SOLE 1 0 0 400
</TABLE>
*Pursuant to Special Instruction iii to Form 13F, the Manager has calculated
the values of the above referenced options in response to this Item 4 based
upon the values of their respective underlying securities. Such values do not
reflect, and are greater than, the values of the options themselves as shown
in the books and records of the Manager.
