<TABLE>
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACE Limited COM g0070k103 4455 113500 SH SOLE 38200 75300
AT&T Wireless Group COM 001957406 2701 108300 SH SOLE 38200 70100
Agilent Technologies COM 00846U101 3595 77616 SH SOLE 18203 59413
Albertsons COM 013104104 2890 122000 SH SOLE 34200 87800
American Express C COM 025816109 4194 69900 SH SOLE 23400 46500
American Telephone & Telegraph COM 001957109 2148 92631 SH SOLE 31034 61597
Analog Devices Inc. COM 032654105 3374 51900 SH SOLE 19100 32800
Aon Corporation COM 037389103 2988 72100 SH SOLE 24700 47400
Becton Dickinson COM 075887109 3822 114100 SH SOLE 37400 76700
Black & Decker COM 091797100 2020 53700 SH SOLE 26400 27300
Burlington Resources COM 122014103 3920 108900 SH SOLE 34500 74400
CVS Corporation COM 126650100 4563 86200 SH SOLE 35100 51100
Canadian National Railroads COM 136375102 3093 98200 SH SOLE 34700 63500
Ceridian COM 15677t106 3640 145600 SH SOLE 48200 97400
Chase Manhattan Bank COM 16161A108 4818 105900 SH SOLE 38500 67400
Compuware Corp. COM 205638109 2242 284700 SH SOLE 127800 156900
Costco Wholesale Corp. COM 22160K105 5018 137000 SH SOLE 47300 89700
Duke Energy COM 264399106 3777 43700 SH SOLE 18100 25600
El Paso Energy COM 283905107 3931 62700 SH SOLE 20400 42300
Eli Lilly & Co. COM 532457108 4505 50400 SH SOLE 14800 35600
Emerson Electric COM 291011104 3180 43300 SH SOLE 14400 28900
Enron Corporation COM 293561106 2388 29100 SH SOLE 9100 20000
Exxon Mobil Corp. COM 30231G102 6234 69900 SH SOLE 24800 45100
FPL Group COM 302571104 3934 59600 SH SOLE 21700 37900
Federal Home Loan Mort. COM 313400301 4176 69600 SH SOLE 25900 43700
Federal National Mortgage COM 313586109 4635 60189 SH SOLE 18100 42089
General Motors, CL H COM 370442832 5122 158100 SH SOLE 65700 92400
Halliburton Co. COM 406216101 96 2600 SH SOLE 2600
Hewlett Packard Company COM 00846U101 6882 148000 SH SOLE 50000 98000
Home Depot COM 437076102 2335 54300 SH SOLE 4000 50300
Honeywell Int'l Inc. COM 438516106 6678 124100 SH SOLE 52400 71700
IMS Health Inc. COM 449934108 3648 154400 SH SOLE 48400 106000
Ingersoll Rand Co. COM 456866102 2008 53200 SH SOLE 18300 34900
K Mart Corp. COM 482584109 1845 310700 SH SOLE 113000 197700
Kerr McGee Corp. COM 492386107 2697 41300 SH SOLE 13900 27400
MBIA COM 55262C100 2544 35000 SH SOLE 18800 16200
Mellon Financial Corp. COM 58551A108 1206 25000 SH SOLE 25000
Merck Corporation COM 589331107 1439 16000 SH SOLE 16000
Minnesota Mining & Manufacturi COM 604059105 242 2500 SH SOLE 200 2300
Motorola Corporation COM 620076109 4870 195300 SH SOLE 64200 131100
National City Corp. COM 635405103 2700 126300 SH SOLE 41600 84700
North Fork Banc COM 659424105 2871 142200 SH SOLE 49000 93200
Ocean Energy COM 67481E106 2885 207900 SH SOLE 63000 144900
Oncor, Inc. COM 682311105 0 10000 SH SOLE 10000
Parker Hannifin Corp. COM 701094104 4104 99200 SH SOLE 35800 63400
Pfizer Inc. COM 717081103 3636 84200 SH SOLE 24400 59800
Pharmacia Corp. COM 71713u102 825 15000 SH SOLE 15000
Sabre Holdings Corp. COM 785905100 3354 100300 SH SOLE 34400 65900
Southern Company COM 842587107 2679 91200 SH SOLE 30000 61200
Texaco Incorporated COM 881694103 3154 53400 SH SOLE 20000 33400
Torchmark Inc. COM 891027104 3654 109700 SH SOLE 36600 73100
Transocean Sedoc Forex COM G90078109 3344 63100 SH SOLE 18100 45000
Triton Energy A COM G90751101 246 8000 SH SOLE 5500 2500
Tyco International Ltd. COM 902124106 4154 73280 SH SOLE 23800 49480
UNOCAL COM 915289102 3085 90400 SH SOLE 36900 53500
USX-Marathon Group COM 902905827 3178 116900 SH SOLE 44100 72800
Union Pacific COM 907818108 2541 54200 SH SOLE 17000 37200
Unisys Corporation COM 909214108 1058 83000 SH SOLE 27700 55300
UnumProvident Corp. COM 91529Y106 2362 83600 SH SOLE 39700 43900
Verizon Communications COM 92343V104 4001 69200 SH SOLE 23900 45300
Voicestream Wireless COM 928615103 3800 28900 SH SOLE 11300 17600
Waste Management Inc. COM 94106L109 2884 144200 SH SOLE 46800 97400
Williams Companies COM 969457100 2588 61900 SH SOLE 20100 41800
XL Capital Ltd. COM G98255105 4067 52900 SH SOLE 18100 34800
</TABLE>