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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended September 30, 1999
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: |_|
Bear Stearns Asset Management Inc.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
575 Lexington Avenue, New York, NY 10022
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Jack Malick, 212-272-2434 Associate Director
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ------------------------------------ATTENTION-----------------------------------
Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein 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 of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of New York and State of New York on the 12th day of
April, 1999.
Bear Stearns Asset Management Inc.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Jack Malick
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ----------------------- ------------- ----------------------- -------------
1. Soros Fund Mgmt 28-6420 6.
- ----------------------- ------------- ----------------------- -------------
2. Marvin & Palmer 28-2633 7.
- ----------------------- ------------- ----------------------- -------------
3. 8.
- ----------------------- ------------- ----------------------- -------------
4. 9.
- ----------------------- ------------- ----------------------- -------------
5. 10.
- ----------------------- ------------- ----------------------- -------------
SEC 1685 (7-88)
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOMMUNICATIONS COMMON 000886101 738 17600 SH DEFINED 00 17600 0 0
A D C TELECOMMUNICATIONS COMMON 000886101 9633 229700 SH SOLE 229700 0 0
ACTV INC COMMON 00088E104 276 19800 SH DEFINED 00 19800 0 0
ACTV INC COMMON 00088E104 3206 230000 SH SOLE 230000 0 0
AT&T CORP COMMON 001957109 35470 815410 SH SOLE 720735 0 94675
A T & E CORP COMMON 002062107 0 1000 SH SOLE 0 0 1000
AXA FINL INC COMMON 002451102 56196 1006873 SH SOLE 843591 0 163282
ABBOTT LABS COMMON 002824100 1937 52800 SH SOLE 52800 0 0
ACTUATE CORP COMMON 00508B102 488 14400 SH DEFINED 00 14400 0 0
ACTUATE CORP COMMON 00508B102 2138 63100 SH SOLE 63100 0 0
AFFILIATED COMPUTER SERV CL A 008190100 1024 25200 SH SOLE 25200 0 0
ALLSTATE CORP COMMON 020002101 52438 2102760 SH SOLE 1782960 0 319800
ALTERA CORP COMMON 021441100 217 5000 SH SOLE 5000 0 0
ALYN CORP COMMON 022611107 761 276900 SH SOLE 276900 0 0
AMERICA ONLINE INC DEL COMMON 02364J104 1832 17600 SH SOLE 17600 0 0
AMERICAN ELEC PWR INC COMMON 025537101 10 300 SH SOLE 300 0 0
AMERICAN EXPRESS CO COMMON 025816109 19292 142900 SH SOLE 142900 0 0
AMERICAN HOME PRODS CORP COMMON 026609107 1660 40000 SH SOLE 40000 0 0
AMERICAN INTL GROUP INC COMMON 026874107 1630 18750 SH SOLE 18750 0 0
AMERITECH CORP NEW COMMON 030954101 47 700 SH SOLE 700 0 0
AMKOR TECHNOLOGY INC COMMON 031652100 197 12200 SH DEFINED 00 12200 0 0
AMKOR TECHNOLOGY INC COMMON 031652100 5105 316600 SH SOLE 316600 0 0
ANTEC CORP COMMON 03664P105 7847 147700 SH SOLE 147700 0 0
AON CORP COMMON 037389103 40550 1371671 SH SOLE 1153171 0 218500
APPLIED MATLS INC COMMON 038222105 8895 114500 SH SOLE 114500 0 0
ASSOCIATES FIRST CAP COR CL A 046008108 34 942 SH SOLE 0 0 942
ASYST TECHNOLOGY CORP COMMON 04648X107 660 20000 SH SOLE 20000 0 0
ATLANTIC RICHFIELD CO COMMON 048825103 74426 839780 SH SOLE 706680 0 133100
ATMEL CORP COMMON 049513104 2127 62900 SH DEFINED 00 62900 0 0
ATMEL CORP COMMON 049513104 15598 461300 SH SOLE 461300 0 0
AURA PARTNERS AURA PARTNERS 051990109 2318 1262 SH SOLE 1262 0 0
AZTEC ENERGY CORP UTAH COMMON 054805106 0 8 SH SOLE 8 0 0
BISYS GROUP INC COMMON 055472104 985 21000 SH SOLE 21000 0 0
BP AMOCO P L C DEPOSITORY RECEI 055622104 540 4871 SH SOLE 4871 0 0
BALLY TOTAL FITNESS HLDG COMMON 05873K108 8144 266455 SH SOLE 266455 0 0
BANK OF AMERICA CORP COMMON 060505104 43371 778832 SH SOLE 665407 0 113425
BANK NEW YORK INC COMMON 064057102 38370 1147505 SH SOLE 917825 0 229680
BANK UTD CORP CL A 065412108 3574 110400 SH SOLE 108400 0 2000
BAXTER INTL INC COMMON 071813109 64531 1071057 SH SOLE 882777 0 188280
BEA SYS INC COMMON 073325102 978 27700 SH DEFINED 00 27700 0 0
BEA SYS INC COMMON 073325102 12246 346800 SH SOLE 346800 0 0
BEAR STEARNS FDS S&P STARS CL Y 073921835 373 14571 SH SOLE 6499 0 8072
BELL ATLANTIC CORP COMMON 077853109 43841 651307 SH SOLE 562507 0 88800
BEST BUY DRUGS INC COM NEW 086512308 2 6158 SH SOLE 6158 0 0
BLOCK H & R INC COMMON 093671105 83 1900 SH SOLE 0 0 1900
BOEING CO COMMON 097023105 65 1514 SH SOLE 1514 0 0
BRISTOL-MYERS SQUIBB COMMON 110122108 46011 681638 SH SOLE 573938 0 107700
BUENOS AIRES EMBOTELLADO DEPOSITORY RECEI 119424208 0 105 SH SOLE 79 0 26
BUTLER INTL INC NEW COMMON 123649105 6600 754332 SH SOLE 754332 0 0
CBS CORP COMMON 12490K107 925 20000 SH SOLE 20000 0 0
CK WITCO CORP COMMON 12562C108 13 900 SH SOLE 900 0 0
CVS CORP COMMON 126650100 14856 364000 SH SOLE 364000 0 0
CABLEVISION SYS CORP CL A 12686C109 14586 200500 SH SOLE 200500 0 0
CABLETRON SYS INC COMMON 126920107 1079 68800 SH DEFINED 00 68800 0 0
CABLETRON SYS INC COMMON 126920107 12679 808200 SH SOLE 808200 0 0
CACI INTL INC CL A 127190304 5450 255700 SH SOLE 255700 0 0
CADENCE DESIGN SYSTEM IN COMMON 127387108 786 58800 SH DEFINED 00 58800 0 0
CADENCE DESIGN SYSTEM IN COMMON 127387108 10763 804700 SH SOLE 804700 0 0
CARDINAL HEALTH INC COMMON 14149Y108 12284 225400 SH SOLE 225400 0 0
CELADON GROUP INC COMMON 150838100 721 94500 SH SOLE 94500 0 0
CERIDIAN CORP COMMON 15677T106 10132 407300 SH SOLE 407300 0 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 12 160 SH SOLE 160 0 0
CHESAPEAKE ENERGY CORP COMMON 165167107 969 250000 SH SOLE 250000 0 0
CHIREX INC COMMON 170038103 4871 188700 SH SOLE 188700 0 0
CHUBB CORP COMMON 171232101 17 350 SH SOLE 350 0 0
CINCINNATI BELL INC COMMON 171870108 1069 55000 SH SOLE 55000 0 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 371 8800 SH DEFINED 00 8800 0 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 17010 403200 SH SOLE 403200 0 0
CISCO SYS INC COMMON 17275R102 932 13600 SH DEFINED 00 13600 0 0
CISCO SYS INC COMMON 17275R102 55198 805076 SH SOLE 753148 0 51928
CITIGROUP INC COMMON 172967101 81869 1860656 SH SOLE 1521374 0 339282
CLAIRES STORES INC COMMON 179584107 1542 93100 SH SOLE 93100 0 0
COCA COLA CO COMMON 191216100 2725 56479 SH SOLE 55479 0 1000
COLUMBIA/HCA HEALTHCARE COMMON 197677107 1059 50000 SH SOLE 50000 0 0
COMARCO INC COMMON 200080109 5512 279065 SH SOLE 279065 0 0
COMCAST CORP CL A SPL 200300200 36346 911500 SH SOLE 911500 0 0
COMDISCO INC COMMON 200336105 220 11400 SH DEFINED 00 11400 0 0
COMDISCO INC COMMON 200336105 1711 88600 SH SOLE 88600 0 0
COMPUTER TASK GROUP INC COMMON 205477102 3 195 SH SOLE 195 0 0
COMPUWARE CORP COMMON 205638109 1376 52800 SH DEFINED 00 52800 0 0
COMPUWARE CORP COMMON 205638109 11812 453200 SH SOLE 453200 0 0
CONEXANT SYSTEMS INC COMMON 207142100 134 1850 SH SOLE 1850 0 0
CONSOLIDATED PRODS INC COMMON 209798107 5249 538400 SH SOLE 538400 0 0
CONVERGYS CORP COMMON 212485106 5759 290700 SH SOLE 290700 0 0
CONSTELLATION PARTNERS COMMON 215990102 1110 1110000 SH SOLE 1110000 0 0
COSTCO WHSL CORP NEW COMMON 22160K105 1778 24700 SH DEFINED 00 24700 0 0
COSTCO WHSL CORP NEW COMMON 22160K105 17885 248400 SH SOLE 248400 0 0
COX RADIO INC CL A 224051102 8076 135735 SH SOLE 135735 0 0
CRANE CO COMMON 224399105 2594 115600 SH SOLE 115600 0 0
CUBIC CORP COMMON 229669106 1529 65250 SH SOLE 64050 0 1200
CYMER INC COMMON 232572107 284 8200 SH DEFINED 00 8200 0 0
CYMER INC COMMON 232572107 2837 81800 SH SOLE 81800 0 0
DSP COMMUNICATIONS INC COMMON 23332K106 678 35700 SH DEFINED 00 35700 0 0
DSP COMMUNICATIONS INC COMMON 23332K106 13169 693090 SH SOLE 693090 0 0
DANA CORP COMMON 235811106 1114 30000 SH SOLE 30000 0 0
DARDEN RESTAURANTS INC COMMON 237194105 1076 55000 SH SOLE 55000 0 0
DATA TRANSMISSION NETWOR COMMON 238017107 9438 378480 SH SOLE 378480 0 0
DELPHI AUTOMOTIVE SYS CO COMMON 247126105 2154 134092 SH SOLE 109679 0 24413
DIAGEO P L C ADR DEPOSITORY RECEI 25243Q205 787 19000 SH SOLE 19000 0 0
DIAL CORP NEW COMMON 25247D101 502 19700 SH DEFINED 00 19700 0 0
DIAL CORP NEW COMMON 25247D101 9902 388300 SH SOLE 345000 0 43300
DIGITAL INSIGHT CORP COMMON 25385P106 32 1000 SH SOLE 1000 0 0
DISNEY WALT CO COMMON 254687106 278 10700 SH SOLE 10700 0 0
DUFF & PHELPS CR RATING COMMON 26432F109 30241 378305 SH SOLE 378305 0 0
DUN & BRADSTREET CORP DE COMMON 26483B106 85398 2858525 SH SOLE 2386825 0 471700
E M C CORP MASS COMMON 268648102 17373 243400 SH SOLE 243400 0 0
EATON VANCE CORP COM NON VTG 278265103 10227 319600 SH SOLE 319600 0 0
ECHOSTAR COMMUNICATIONS CL A 278762109 36 400 SH SOLE 400 0 0
ELANTEC SEMICONDUCTOR IN COMMON 284155108 3879 219300 SH SOLE 219300 0 0
ELCOR CORP COMMON 284443108 6968 278712 SH SOLE 278712 0 0
ELECTRONIC DATA SYS NEW COMMON 285661104 1 24 SH SOLE 24 0 0
EMERSON ELEC CO COMMON 291011104 120 1900 SH SOLE 1900 0 0
EQUITABLE COS INC COMMON 29444G107 6 100 SH SOLE 100 0 0
EXXON CORP COMMON 302290101 45713 601490 SH SOLE 500440 0 101050
FPL GROUP INC COMMON 302571104 38858 771365 SH SOLE 643515 0 127850
AP BUENOS AIRES EMBOTELL AP BUENOS AIRES 302992102 0 40 SH SOLE 40 0 0
FAIRCHILD SEMICONDUCTOR CL A 303726103 2508 105600 SH DEFINED 00 105600 0 0
FAIRCHILD SEMICONDUCTOR CL A 303726103 9847 414600 SH SOLE 414600 0 0
FEDERAL NATL MTG ASSN COMMON 313586109 72067 1149627 SH SOLE 977731 0 171896
FIRST UN CORP COMMON 337358105 71 2000 SH SOLE 2000 0 0
FOODMAKER INC NEW COM NEW 344839204 4152 166500 SH SOLE 166500 0 0
FORD MTR CO DEL COMMON 345370100 43050 856725 SH SOLE 721425 0 135300
FOUR MEDIA CO COMMON 350872107 3195 608665 SH SOLE 608665 0 0
FURNITURE BRANDS INTL IN COMMON 360921100 4202 213445 SH SOLE 213445 0 0
GTE CORP COMMON 362320103 136 1771 SH SOLE 1771 0 0
GAP INC DEL COMMON 364760108 870 27200 SH DEFINED 00 27200 0 0
GAP INC DEL COMMON 364760108 12372 386625 SH SOLE 348117 0 38508
GARTNER GROUP INC NEW COMMON 366651107 8574 535900 SH SOLE 482000 0 53900
GENERAL ELEC CO COMMON 369604103 72735 613475 SH SOLE 510041 0 103434
GENERAL MTRS CORP COMMON 370442105 35920 570719 SH SOLE 480619 0 90100
GENERAL MTRS CORP CL H CL H NEW 370442832 1 26 SH SOLE 26 0 0
GENUINE PARTS CO COMMON 372460105 52443 1974311 SH SOLE 1682511 0 291800
GIANT CEMENT HLDG INC COMMON 374450104 5069 220990 SH SOLE 220990 0 0
GILLETTE CO COMMON 375766102 41560 1224600 SH SOLE 1019000 0 205600
GLENBOROUGH RLTY TR INC COMMON 37803P105 1723 104450 SH SOLE 104450 0 0
GLOBAL PHARMACEUTICAL CO COMMON 378922108 4610 922054 SH SOLE 922054 0 0
GLOBAL MARINE INC COMMON 379352404 26072 1586100 SH SOLE 1586100 0 0
GRAINGER W W INC COMMON 384802104 9 195 SH SOLE 195 0 0
HADCO CORP COMMON 404681108 1440 33300 SH DEFINED 00 33300 0 0
HADCO CORP COMMON 404681108 9294 214900 SH SOLE 214900 0 0
HAYES LEMMERZ INTL INC COMMON 420781106 9 400 SH SOLE 400 0 0
HEINZ H J CO COMMON 423074103 45793 1064960 SH SOLE 904860 0 160100
HEWLETT PACKARD CO COMMON 428236103 1633 17990 SH SOLE 17990 0 0
HIBERNIA FOODS PLC DEPOSITORY RECEI 428660104 3476 686650 SH SOLE 686650 0 0
HIBERNIA FOODS TRADING SERIES A CONV PF 428990212 984 7000 SH SOLE 7000 0 0
INTEL CORP COMMON 458140100 2527 34000 SH DEFINED 00 34000 0 0
INTEL CORP COMMON 458140100 56641 762200 SH SOLE 762200 0 0
INTEL CORP CALL OPT JAN 4 458140100 1486 20000 SH CALL DEFINED 00 20000 0 0
INTEL CORP CALL OPT JAN 4 458140100 11147 150000 SH CALL SOLE 150000 0 0
INTERNAP NETWORK SVCS CO COMMON 45885A102 237 5300 SH SOLE 5300 0 0
INTERNATIONAL BUSINESS M COMMON 459200101 895 7400 SH DEFINED 00 7400 0 0
INTERNATIONAL BUSINESS M COMMON 459200101 75424 623338 SH SOLE 563438 0 59900
INTERNATIONAL BUS MACH PUT OPT NOV 12 459200101 24043 198700 SH PUT SOLE 198700 0 0
JOHNSON & JOHNSON COMMON 478160104 1838 20000 SH SOLE 20000 0 0
JUNIPER NETWORKS INC COMMON 48203R104 46 250 SH SOLE 250 0 0
KLA-TENCORP CORP COMMON 482480100 65 1000 SH SOLE 1000 0 0
KEMET CORP COMMON 488360108 9077 283935 SH SOLE 283935 0 0
KIMBERLY CLARK CORP COMMON 494368103 1514 28700 SH DEFINED 00 28700 0 0
KIMBERLY CLARK CORP COMMON 494368103 103969 1970972 SH SOLE 1739968 0 231004
KROGER CO COMMON 501044101 549 24900 SH DEFINED 00 24900 0 0
KROGER CO COMMON 501044101 18755 850100 SH SOLE 850100 0 0
LABORATORY CORP AMER HLD PFD CV EXCH% A 50540R201 554 9900 SH SOLE 9900 0 0
LATTICE SEMICONDUCTOR CO COMMON 518415104 2043 68800 SH DEFINED 00 68800 0 0
LATTICE SEMICONDUCTOR CO COMMON 518415104 16827 566800 SH SOLE 566800 0 0
LEGATO SYS INC COMMON 524651106 1242 28500 SH DEFINED 00 28500 0 0
LEGATO SYS INC COMMON 524651106 10545 241900 SH SOLE 241900 0 0
LEHMAN BROS HLDGS INC COMMON 524908100 327 5600 SH SOLE 5600 0 0
LILLY ELI & CO COMMON 532457108 90 1400 SH SOLE 1400 0 0
LUCENT TECHNOLOGIES INC COMMON 549463107 339 5232 SH SOLE 5232 0 0
M & F WORLDWIDE CORP COMMON 552541104 0 30 SH SOLE 30 0 0
MCI WORLDCOM INC COMMON 55268B106 14425 200700 SH SOLE 200700 0 0
MATTEL INC COMMON 577081102 77115 4058665 SH SOLE 3390565 0 668100
MAXICARE HEALTH PLANS COMMON 577904105 0 58 SH SOLE 0 0 58
MCDONALDS CORP COMMON 580135101 75255 1740000 SH SOLE 1477800 0 262200
MCKESSON HBOC INC COMMON 58155Q103 47242 1629032 SH SOLE 1353982 0 275050
MEDTRONIC INC COMMON 585055106 114 3200 SH SOLE 0 0 3200
MERCK & CO INC COMMON 589331107 1361 21000 SH DEFINED 00 21000 0 0
MERCK & CO INC COMMON 589331107 83721 1291735 SH SOLE 1172035 0 119700
MERCURY GENL CORP NEW COMMON 589400100 967 35100 SH SOLE 35100 0 0
MERRILL LYNCH & CO INC COMMON 590188108 1260 18700 SH DEFINED 00 18700 0 0
MERRILL LYNCH & CO INC COMMON 590188108 13024 193300 SH SOLE 193300 0 0
MICROSOFT CORP COMMON 594918104 6081 67150 SH SOLE 67150 0 0
MICROCHIP TECHNOLOGY INC COMMON 595017104 51 1000 SH SOLE 1000 0 0
MILLENNIUM PHARMACEUTICA COMMON 599902103 3250 50000 SH SOLE 50000 0 0
MOBIL CORP COMMON 607059102 423 4200 SH SOLE 4200 0 0
MORGAN STANLEY DEAN WITT COM NEW 617446448 589 6600 SH DEFINED 00 6600 0 0
MORGAN STANLEY DEAN WITT COM NEW 617446448 6029 67600 SH SOLE 67600 0 0
MUELLER INDS INC COMMON 624756102 5360 180550 SH SOLE 124800 0 55750
NCR CORP NEW COMMON 62886E108 0 11 SH SOLE 11 0 0
NETOPIA INC COMMON 64114K104 399 10000 SH DEFINED 00 10000 0 0
NETOPIA INC COMMON 64114K104 7329 183800 SH SOLE 183800 0 0
NEW CASTLE CLASS A COMMON 643997109 861 334 SH SOLE 334 0 0
NORTEL NETWORKS CORP COMMON 656569100 37312 731600 SH SOLE 731600 0 0
NOVELL INC COMMON 670006105 625 30200 SH DEFINED 00 30200 0 0
NOVELL INC COMMON 670006105 7754 374800 SH SOLE 374800 0 0
NOVELLUS SYS INC COMMON 670008101 2212 32800 SH DEFINED 00 32800 0 0
NOVELLUS SYS INC COMMON 670008101 14432 214000 SH SOLE 214000 0 0
OFFICEMAX INC COMMON 67622M108 4650 800000 SH SOLE 800000 0 0
OLIN CORP COM PAR $1 680665205 1363 100000 SH SOLE 100000 0 0
OMNICARE INC COMMON 681904108 481 50000 SH SOLE 50000 0 0
ONE BANCORP COMMON 682316104 0 500 SH SOLE 500 0 0
ORACLE CORP COMMON 68389X105 30 650 SH SOLE 650 0 0
OUTBACK STEAKHOUSE INC COMMON 689899102 16592 651450 SH SOLE 651450 0 0
PNC BK CORP COMMON 693475105 62888 1193600 SH SOLE 1036550 0 157050
PANEX INDS STOCKHOLDERS LIQ TR CBI 698405990 0 1000 SH SOLE 1000 0 0
PENN TREATY AMERN CORP COMMON 707874103 6086 291530 SH SOLE 291530 0 0
PENNEY J C INC COMMON 708160106 9 260 SH SOLE 260 0 0
PEPSI BOTTLING GROUP INC COMMON 713409100 938 55000 SH SOLE 55000 0 0
PEPSI-COLA PUERTO RICO CL B 713434108 3 543 SH SOLE 445 0 98
PFIZER INC COMMON 717081103 13900 387450 SH SOLE 387450 0 0
PHILIP MORRIS COS INC COMMON 718154107 44940 1314512 SH SOLE 1041335 0 273177
PITNEY BOWES INC COMMON 724479100 2724 44700 SH DEFINED 00 44700 0 0
PITNEY BOWES INC COMMON 724479100 20414 335000 SH SOLE 306000 0 29000
POLYCOM INC COMMON 73172K104 71 1500 SH SOLE 0 0 1500
PROJECT SOFTWARE & DEV I COMMON 74339P101 1284 24000 SH SOLE 24000 0 0
PUB SER CO N H ESCRO 4TH COMMON 744482076 0 150 SH SOLE 0 0 150
QUALCOMM INC COMMON 747525103 17935 94800 SH SOLE 94800 0 0
QUANTUM CORP- DL&T STOR COM DSSG 747906204 844 60028 SH SOLE 60028 0 0
QUANTUM CORP- HARD DISK COM HDDG 747906303 11 1500 SH SOLE 1500 0 0
RARE MEDIUM GROUP INC. RESTRICTED UNTIL 75382N109 2778 694444 SH SOLE 694444 0 0
RAYOVAC CORP COMMON 755081106 268 12400 SH DEFINED 00 12400 0 0
RAYOVAC CORP COMMON 755081106 2954 136600 SH SOLE 136600 0 0
REHABCARE GROUP INC COMMON 759148109 9053 510000 SH SOLE 510000 0 0
REUTERS HOLDING PLC ADR DEPOSITORY RECEI 76132M102 0 0 SH SOLE 0 0 0
REYNOLDS & REYNOLDS CO CL A 761695105 5298 260000 SH SOLE 260000 0 0
ROCKWELL INTL CORP NEW COMMON 773903109 194 3700 SH SOLE 3700 0 0
ROPER INDS INC NEW COMMON 776696106 6441 168400 SH SOLE 168400 0 0
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 53 896 SH SOLE 896 0 0
SBC COMMUNICATIONS INC COMMON 78387G103 67684 1325520 SH SOLE 1129920 0 195600
SLM HLDG CORP COMMON 78442A109 2172 50500 SH DEFINED 00 50500 0 0
SLM HLDG CORP COMMON 78442A109 104389 2427660 SH SOLE 2103010 0 324650
SPS TECHNOLOGIES INC COMMON 784626103 1772 46700 SH SOLE 46700 0 0
SALON COM COMMON 79549F108 3181 644330 SH SOLE 644330 0 0
SARA LEE CORP COMMON 803111103 47 2000 SH SOLE 2000 0 0
SCHOLASTIC CORP COMMON 807066105 14655 293100 SH SOLE 293100 0 0
SCHWAB CHARLES CORP NEW COMMON 808513105 938 28050 SH SOLE 28050 0 0
SEAGATE TECHNOLOGY COMMON 811804103 61 2000 SH SOLE 2000 0 0
SMITHKLINE BEECHAM PLC DEPOSITORY RECEI 832378301 29 500 SH SOLE 500 0 0
SMURFIT-STONE CONTAINER COMMON 832727101 1202 55600 SH DEFINED 00 55600 0 0
SMURFIT-STONE CONTAINER COMMON 832727101 9634 445510 SH SOLE 445510 0 0
SOLECTRON CORP COMMON 834182107 1077 15000 SH SOLE 15000 0 0
SOLUTIA INC COMMON 834376105 43 2400 SH DEFINED 00 2400 0 0
SOLUTIA INC COMMON 834376105 52671 2946650 SH SOLE 2524350 0 422300
SOUTHDOWN INC COMMON 841297104 75 1400 SH SOLE 1400 0 0
SPRINT CORP PCS COM SER 1 852061506 28647 384200 SH SOLE 384200 0 0
STAPLES INC COMMON 855030102 13956 639800 SH SOLE 639800 0 0
STERLING SOFTWARE INC COMMON 859547101 23103 1155150 SH SOLE 1078250 0 76900
STEWART FOODS INC COMMON 860371103 0 100 SH SOLE 0 0 100
STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 608 31500 SH SOLE 31500 0 0
SUMMIT BANCORP COMMON 866005101 227 6999 SH SOLE 1485 0 5514
SUN MICROSYSTEMS INC COMMON 866810104 8091 87000 SH SOLE 87000 0 0
TSI INTERNATIONAL SOFTWA COMMON 872879101 290 10700 SH DEFINED 00 10700 0 0
TSI INTERNATIONAL SOFTWA COMMON 872879101 2965 109300 SH SOLE 109300 0 0
TEREX CORP NEW COMMON 880779103 5116 162400 SH SOLE 162400 0 0
TEXACO INC COMMON 881694103 72541 1149167 SH SOLE 974285 0 174882
TEXAS INSTRS INC COMMON 882508104 864 10500 SH SOLE 10500 0 0
THESTREET COM COMMON 88368Q103 156 8600 SH DEFINED 00 8600 0 0
THESTREET.COM RESTRICTED 88368Q103 23551 1299354 SH SOLE 1299354 0 0
TIME WARNER INC COMMON 887315109 11864 195300 SH SOLE 195300 0 0
TIVO INC COMMON 888706108 629 21000 SH SOLE 21000 0 0
TORCHMARK CORP COMMON 891027104 55513 2145435 SH SOLE 1772935 0 372500
TOYS R US INC COMMON 892335100 49436 3295710 SH SOLE 2712360 0 583350
TRIBUNE CO NEW COMMON 896047107 5822 117034 SH SOLE 93554 0 23480
TYCO INTL LTD NEW COMMON 902124106 21342 206700 SH SOLE 206700 0 0
U S FRANCHISE SYS INC CL A NEW 902956309 12563 725680 SH SOLE 725680 0 0
U S RESTAURANT PPTYS INC COMMON 902971100 4173 219615 SH SOLE 219615 0 0
USA NETWORKS INC COMMON 902984103 1008 26000 SH SOLE 26000 0 0
ULTRAMAR DIAMOND SHAMROC COMMON 904000106 1 25 SH SOLE 25 0 0
UNILEVER N V NY SHS DEPOSITORY RECEI 904784709 243 3571 SH SOLE 3571 0 0
UNISYS CORP COMMON 909214108 3 70 SH SOLE 70 0 0
UNITED RENTALS INC COMMON 911363109 6126 281650 SH SOLE 281650 0 0
UNITED TECHNOLOGIES CORP COMMON 913017109 56698 955913 SH SOLE 775753 0 180160
UNIVERSAL STAINLESS & AL COMMON 913837100 3576 715110 SH SOLE 715110 0 0
UNIVISION COMMUNICATIONS CL A 914906102 8935 109800 SH SOLE 109800 0 0
USFREIGHTWAYS CORP COMMON 916906100 7405 156300 SH SOLE 156300 0 0
VIACOM INC CL A 925524100 0 10 SH SOLE 10 0 0
VIACOM INC CL B 925524308 0 10 SH SOLE 10 0 0
VIATEL INC COMMON 925529208 60 2015 SH SOLE 2015 0 0
VIAD CORP COMMON 92552R109 74164 2514025 SH SOLE 2114825 0 399200
VISHAY INTERTECHNOLOGY I COMMON 928298108 3737 157350 SH DEFINED 00 157350 0 0
VISHAY INTERTECHNOLOGY I COMMON 928298108 44959 1893025 SH SOLE 1893025 0 0
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WPP GROUP PLC DEPOSITORY RECEI 929309300 84110 904405 SH SOLE 828505 0 75900
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XILINX INC COMMON 983919101 328 5000 SH SOLE 5000 0 0
XIRCOM INC COMMON 983922105 273 6400 SH DEFINED 00 6400 0 0
XIRCOM INC COMMON 983922105 4162 97500 SH SOLE 97500 0 0
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ZEBRA TECHNOLOGIES CORP CL A 989207105 8448 185800 SH SOLE 185800 0 0
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HILFIGER TOMMY CORP ORD G8915Z102 186 6600 SH DEFINED 00 6600 0 0
HILFIGER TOMMY CORP ORD G8915Z102 1928 68400 SH SOLE 68400 0 0
CIFRA SA DE CV SER V P26224108 0 2043 SH SOLE 0 0 2043
STEINER LEISURE LTD ORD P8744Y102 8464 338575 SH SOLE 338575 0 0
OMI CORP NEW COMMON Y6476W104 0 75 SH SOLE 75 0 0
</TABLE>
