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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, 2000
--------------------------------------------------------------------------------
(Please read instructions before preparing form.)
--------------------------------------------------------------------------------
If amended report check here: |_|
Bear Stearns Asset Management Inc.
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Name of Institutional Investment Manager
575 Lexington Avenue, New York, NY 10022
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Business Address (Street) (City) (State) (Zip)
Jack Malick, 212-272-2434 Associate Director
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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. Marvin & Palmer 28-2633 6.
----------------------- ------------- ----------------------- -------------
2. 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 T & T CORP COMMON 001957109 32710 1113545 SH SOLE 1001320 0 112225
A T & T WIRELESS GROUP COMMON 001957406 27138 1300000 SH SOLE 1300000 0 0
ABBOTT LABORATORIES COMMON 002824100 50587 1063599 SH SOLE 953399 0 110200
ADAMS EXPRESS COMPANY COMMON 006212104 0 252 SH SOLE 252 0 0
ADOBE SYSTEMS INC COMMON 00724F101 93445 601900 SH SOLE 601900 0 0
ADVANCED MICRO DEVICES COMMON 007903107 -4985 -211000 SH SOLE -211000 0 0
AFFILIATED COMPUTER SVCS-A COMMON 008190100 2504 50200 SH SOLE 50200 0 0
AGILENT TECHNOLOGIES INC COMMON 00846U101 0 3 SH SOLE 3 0 0
ALBERTSON'S INC COMMON 013104104 30811 1467167 SH SOLE 1360267 0 106900
ALCATEL ALSTHOM CGE-SPON ADR COMMON 013904305 -4697 -74700 SH SOLE -74700 0 0
ALLSTATE CORP COMMON 020002101 74248 2136625 SH SOLE 2024325 0 112300
ALTERA CORPORATION COMMON 021441100 -3820 -80000 SH SOLE -80000 0 0
AMERICA ONLINE INC COMMON 02364J104 1892 35200 SH SOLE 35200 0 0
AMERICAN ELECTRIC POWER COMMON 025537101 12 300 SH SOLE 300 0 0
AMERICAN EXPRESS COMPANY COMMON 025816109 54660 899750 SH SOLE 893150 0 6600
AMERICAN GENERAL CORP COMMON 026351106 49864 639284 SH SOLE 575184 0 64100
AMERICAN HOME PRODUCTS CORP COMMON 026609107 39133 691850 SH SOLE 691850 0 0
AMERICAN INTERNATIONAL GROUP COMMON 026874107 2461 25724 SH SOLE 25724 0 0
AMEX TECHNOLOGY SELECT SPDR COMMON 81369Y803 -13515 -291425 SH SOLE -291425 0 0
ANALOG DEVICES COMMON 032654105 -8702 -105400 SH SOLE -105400 0 0
ANHEUSER-BUSCH COS INC COMMON 035229103 592 14000 SH SOLE 14000 0 0
ANTEC CORP COMMON 03664P105 57584 1952000 SH SOLE 1952000 0 0
ANTEC CORP 22.5 10/21/00 CALL COMMON AQCJX 350 500 SH Call SOLE 500 0 0
AON CORP COMMON 037389103 1351 34412 SH SOLE 34412 0 0
APACHE CORP COMMON 037411105 10572 178800 SH SOLE 178800 0 0
APPLIED MATERIALS INC COMMON 038222105 -2533 -42700 SH SOLE -42700 0 0
APPLIED MICRO CIRCUITS CORP COMMON 03822W109 -7330 -35400 SH SOLE -35400 0 0
APW LIMITED COMMON G04397108 731 15000 SH SOLE 15000 0 0
ARTISOFT INC COMMON 04314L106 6351 845000 SH SOLE 845000 0 0
ASM LITHOGRAPHY HOLDING NV COMMON N07059111 -504 -15600 SH SOLE -15600 0 0
ASPECT COMMUNICATIONS CORP COMMON 04523Q102 11577 561300 SH SOLE 561300 0 0
ATMEL CORP COMMON 049513104 -2237 -147300 SH SOLE -147300 0 0
ATS MEDICAL INC COMMON 002083103 3508 232900 SH SOLE 232900 0 0
AUTODESK INC COMMON 052769106 -1053 -41500 SH SOLE -41500 0 0
AUTOZONE INC COMMON 053332102 -472 -20800 SH SOLE -20800 0 0
BALLY TOTAL FITNESS HLDGS COMMON 05873K108 9470 378800 SH SOLE 378800 0 0
BANK OF AMERICA CORP COMMON 060505104 41124 785182 SH SOLE 720057 0 65125
BANK OF NEW YORK CO INC COMMON 064057102 5201 92780 SH SOLE 45700 0 47080
BANK UNITED CORP-CL A COMMON 065412108 5692 112300 SH SOLE 112300 0 0
BARNES & NOBLE INC COMMON 067774109 2 100 SH SOLE 0 0 100
BAXTER INTERNATIONAL INC COMMON 071813109 1633636 618297 SH SOLE 532850 19870 65577
BB&T CORPORATION COMMON 054937107 2410 80000 SH SOLE 80000 0 0
BERKSHIRE HATHAWAY INC DEL CL COMMON 084670207 1376550 665 SH SOLE 0 665 0
BERKSHIRE HATHAWAY INC-CL A COMMON 084670108 0 1 SH SOLE 1 0 0
BIOTECH HOLDRs TRUST COMMON 09067D201 10 50 SH SOLE 50 0 0
BOEING CO COMMON 097023105 95 1514 SH SOLE 1514 0 0
BP AMOCO PLC -SPONS ADR COMMON 055622104 37142 700792 SH SOLE 636344 0 64448
BRISTOL-MYERS SQUIBB CO COMMON 110122108 1140510 386831 SH SOLE 344561 19470 22800
BROADWING INC COMMON 111620100 726 28400 SH SOLE 28400 0 0
BURLINGTON RESOURCES INC COMMON 122014103 22883 621600 SH SOLE 621600 0 0
BUTLER INTL INC COMMON 123649105 5717 1076050 SH SOLE 1076050 0 0
CABLETRON SYSTEMS COMMON 126920107 18 600 SH SOLE 600 0 0
CABLEVISION SYSTEMS -CL A COMMON 12686C109 83255 1255500 SH SOLE 1255500 0 0
CACI INTERNATIONAL INC-CL A COMMON 127190304 6296 293700 SH SOLE 293700 0 0
CARDINAL HEALTH INC COMMON 14149Y108 63327 718100 SH SOLE 718100 0 0
CAREMARK RX INC COMMON 141705103 23329 2073700 SH SOLE 2073700 0 0
CELADON GROUP INC COMMON 150838100 3595 405100 SH SOLE 405100 0 0
CERIDIAN CORP COMMON 15677T106 43769 1559700 SH SOLE 1559700 0 0
CHASE MANHATTAN CORP COMMON 16161A108 25392 549750 SH SOLE 549750 0 0
CIGNA CORP COMMON 125509109 31 300 SH SOLE 300 0 0
CISCO SYSTEMS INC COMMON 17275R102 2873597 2365495 SH SOLE 2315800 49695 0
CITIGROUP INC COMMON 172967101 73876 1366484 SH SOLE 1174002 0 192483
CLAIRE'S STORES INC COMMON 179584107 -918 -51000 SH SOLE -51000 0 0
CLARENT CORP COMMON 180461105 984 25000 SH SOLE 25000 0 0
CLEAR CHANNEL COMMUNICATIONS COMMON 184502102 1370 24248 SH SOLE 24248 0 0
COCA-COLA COMPANY COMMON 191216100 1375 24950 SH SOLE 24950 0 0
COLUMBIA LABORATORIES INC COMMON 197779101 1528 262900 SH SOLE 262900 0 0
COMARCO INC COMMON 200080109 13106 374450 SH SOLE 374450 0 0
COMCAST CORP-SPECIAL CL A COMMON 200300200 1209484 3990230 SH SOLE 3863650 25580 101000
COMMERCE BANCORP INC/NJ COMMON 200519106 49 840 SH SOLE 840 0 0
COMPAQ COMPUTER CORP COMMON 204493100 12866 466500 SH SOLE 465000 0 1500
CONE MILLS CORP COMMON 206814105 23 5000 SH SOLE 0 0 5000
CONSOLIDATED PRODUCTS INC COMMON 209798107 4135 516920 SH SOLE 516920 0 0
CONVERGYS CORP COMMON 212485106 27213 700000 SH SOLE 700000 0 0
COPPER MOUNTAIN NETWORKS INC COMMON 217510106 17108 456200 SH SOLE 456200 0 0
COR THERAPEUTICS INC COMMON 217753102 31156 500000 SH SOLE 500000 0 0
CORNING INC COMMON 219350105 -2970 -10000 SH SOLE -10000 0 0
COSTCO WHOLESALE CORP COMMON 22160K105 21965 628700 SH SOLE 628700 0 0
COX RADIO INC-CL A COMMON 224051102 9739 558500 SH SOLE 558500 0 0
CRANE CO COMMON 224399105 3511 153500 SH SOLE 153500 0 0
CREDENCE SYSTEMS CORP COMMON 225302108 -1200 -40000 SH SOLE -40000 0 0
CTS CORP COMMON 126501105 6 120 SH SOLE 120 0 0
CUBIC CORP COMMON 229669106 1438 60250 SH SOLE 60250 0 0
CVS CORP COMMON 126650100 89559 1933800 SH SOLE 1933800 0 0
DAIMLERCHRYSLER AG COMMON D1668R123 44 1000 SH SOLE 0 0 1000
DARDEN RESTAURANTS INC COMMON 237194105 1686 81000 SH SOLE 81000 0 0
DELL COMPUTER CORP COMMON 247025109 -1541 -50000 SH SOLE -50000 0 0
DENDRITE INTERNATIONAL INC COMMON 248239105 -2038 -76000 SH SOLE -76000 0 0
DIAL CORP COMMON 25247D101 4132 355400 SH SOLE 355400 0 0
DIEBOLD INC COMMON 253651103 -691 -26000 SH SOLE -26000 0 0
DU PONT (E.I.) DE NEMOURS COMMON 263534109 30970 747400 SH SOLE 673500 0 73900
DUN & BRADSTREET CORP COMMON z26483B106 65563 1903833 SH SOLE 1697833 0 206000
DUN & BRADSTREET CORP DEL COM COMMON 26483B106 1662815 48285 SH SOLE 0 48285 0
DUPONT PHOTOMASKS INC COMMON 26613X101 -1175 -20000 SH SOLE -20000 0 0
DYNEGY INC-CL A COMMON 26816Q101 28500 500000 SH SOLE 500000 0 0
EASTMAN KODAK CO COMMON 277461109 48513 1186851 SH SOLE 1085951 0 100900
EATON VANCE CORP COMMON 278265103 65637 1287000 SH SOLE 1287000 0 0
EFFICIENT NETWORKS INC COMMON 282056100 9093 243700 SH SOLE 243700 0 0
EL PASO ENERGY CORPORATION COMMON 283905107 3106 50400 SH SOLE 50400 0 0
ELAN CORP PLC SPONS ADR COMMON 284131208 11001 200925 SH SOLE 200925 0 0
ELCOR CORP COMMON 284443108 4628 319150 SH SOLE 319150 0 0
ELECTRONIC DATA SYSTEMS CORP COMMON 285661104 36538 880424 SH SOLE 796624 0 83800
EMC CORP/MASS COMMON 268648102 43129 435100 SH SOLE 435000 0 100
EMERSON ELECTRIC CO COMMON 291011104 56887 849067 SH SOLE 789667 0 59400
EXTREME NETWORKS INC COMMON 30226D106 75627 660500 SH SOLE 660500 0 0
EXXON MOBIL CORPORATION COMMON 30231G102 49488 555265 SH SOLE 499815 0 55450
FAIRCHILD SEMICON INTL -CL A COMMON 303726103 2627 93400 SH SOLE 93400 0 0
FANNIE MAE COMMON 313586109 1584274 1358504 SH SOLE 1234243 20820 103441
FINISAR CORPORATION COMMON 31787A101 18344 379200 SH SOLE 379200 0 0
FINISAR CORPORATION 45 10/21/00COMMON FQYJI -1281 -2500 SH Call SOLE -2500 0 0
FINISAR CORPORATION 50 12/16/00COMMON FQYLJ -795 -1325 SH Call SOLE -1325 0 0
FIRST DATA CORP COMMON 319963104 4551 116500 SH SOLE 116500 0 0
FLEET BOSTON FINANCIAL CORP COMMON 339030108 96669 2478700 SH SOLE 2478700 0 0
FLEXTRONICS INTL LTD COMMON Y2573F102 -2464 -30000 SH SOLE -30000 0 0
FORD MOTOR COMPANY COMMON 345370860 6 220 SH SOLE 220 0 0
FPL GROUP INC COMMON 302571104 57977 881780 SH SOLE 818380 0 63400
FREEMARKETS INC COMMON 356602102 -1257 -22000 SH SOLE -22000 0 0
FREQUENCY ELECTRONICS INC COMMON 358010106 6526 284500 SH SOLE 284500 0 0
FURNITURE BRANDS INTL INC COMMON 360921100 3365 202400 SH SOLE 202400 0 0
GALILEO TECHNOLOGY LTD COMMON M47298100 23358 735700 SH SOLE 735700 0 0
GANNETT CO COMMON 364730101 42 800 SH SOLE 800 0 0
GAP INC COMMON 364760108 544 27030 SH SOLE 10657 0 16373
GARTNER GROUP INC -CL B COMMON 366651206 8 729 SH SOLE 729 0 0
GARTNER GROUP INC-CL A COMMON 366651107 15114 1300100 SH SOLE 1300100 0 0
GATEWAY INC COMMON 367626108 5844 125000 SH SOLE 125000 0 0
GATEWAY INC 50 10/21/00 CALL COMMON GTWJJ 220 1000 SH Call SOLE 1000 0 0
GENERAL ELECTRIC CO. COMMON 369604103 2617351 496890 SH SOLE 403516 44822 48552
GENERAL MOTORS CORP. COMMON 370442105 40 620 SH SOLE 620 0 0
GENERAL MOTORS-CLASS H COMMON 370442832 3 78 SH SOLE 78 0 0
GENUINE PARTS CO COMMON 372460105 31003 1626397 SH SOLE 1517197 0 109200
GENZYME CORP - GENL DIVISION COMMON 372917104 12492 183200 SH SOLE 183200 0 0
GILLETTE COMPANY COMMON 375766102 42975 1391916 SH SOLE 1263116 0 128800
GLAXO WELLCOME PLC-SPONS ADR COMMON 37733W105 27 450 SH SOLE 450 0 0
GLENBOROUGH REALTY TRUST INC COMMON 37803P105 4642 257900 SH SOLE 257900 0 0
GLOBAL CROSSING LTD COMMON G3921A100 6200 200000 SH SOLE 200000 0 0
GLOBAL MARINE INC COMMON 379352404 135699 4395100 SH SOLE 4370500 0 24600
GLOBAL SPORTS INC COMMON 37937A107 -39 -5000 SH SOLE -5000 0 0
GLOBESPAN INC COMMON 379571102 -1220 -10000 SH SOLE -10000 0 0
GOODRICH (B.F.) CO COMMON 382388106 2445 62400 SH SOLE 62400 0 0
HALLIBURTON CO COMMON 406216101 20774 424500 SH SOLE 424500 0 0
HCA - THE HEALTHCARE COMPANY COMMON 404119109 3620 97500 SH SOLE 97500 0 0
HEINZ (H.J.) CO COMMON 423074103 43244 1166791 SH SOLE 1022991 0 143800
HEWLETT-PACKARD CO. COMMON 428236103 1113338 127008 SH SOLE 86873 22630 17505
HIBERNIA FOODS PLC-SPON ADR COMMON 428660104 7751 1485123 SH SOLE 1485123 0 0
HOME DEPOT INC COMMON 437076102 1645 31000 SH SOLE 31000 0 0
HONEYWELL INTERNATIONAL INC COMMON 438516106 3563 100000 SH SOLE 100000 0 0
HUTTIG BUILDING PRODUCTS INC COMMON 448451104 109 24131 SH SOLE 24131 0 0
ICN PHARMACEUTICALS INC COMMON 448924100 6068 182500 SH SOLE 182500 0 0
IMC GLOBAL INC COMMON 449669100 1333 91900 SH SOLE 91900 0 0
IMMUNEX CORP COMMON 452528102 1305 30000 SH SOLE 30000 0 0
IMMUNOMEDICS INC COMMON 452907108 1801 86000 SH SOLE 86000 0 0
IMPAX LABORATORIES INC COMMON 45256B101 18772 2241454 SH SOLE 2241454 0 0
INFOSPACE.COM INC COMMON 45678T102 1013 33500 SH SOLE 33500 0 0
INSITUFORM TECHNOLOGIES-CL A COMMON 457667103 8837 262800 SH SOLE 262800 0 0
INTEGRATED DEVICE TECH INC COMMON 458118106 -2715 -30000 SH SOLE -30000 0 0
INTEL CORP COMMON 458140100 80885 1946098 SH SOLE 1915798 0 30300
INTELIDATA TECHNOLOGIES CORP COMMON 45814T107 26 5000 SH SOLE 0 0 5000
INTERDIGITAL COMM CORP COMMON 45866A105 -7 -500 SH SOLE -500 0 0
INTERNET HOLDRs TRUST COMMON 46059W102 -1010 -10400 SH SOLE -10400 0 0
INTERSIL HOLDING CORP COMMON 46069S109 -11805 -236700 SH SOLE -236700 0 0
INTL BUSINESS MACHINES CORP COMMON 459200101 1387028 407814 SH SOLE 352588 11920 43306
INTL RECTIFIER CORP COMMON 460254105 -4298 -85000 SH SOLE -85000 0 0
INTUIT INC COMMON 461202103 1151 20200 SH SOLE 20200 0 0
IRWIN FINANCIAL CORP COMMON 464119106 1 51 SH SOLE 51 0 0
ITT EDUCATIONAL SERVICES INC COMMON 45068B109 -553 -20400 SH SOLE -20400 0 0
IVILLAGE INC COMMON 46588H105 -4 -1100 SH SOLE -1100 0 0
J.P. MORGAN & COMPANY COMMON 616880100 16 100 SH SOLE 100 0 0
JABIL CIRCUIT INC COMMON 466313103 -3121 -55000 SH SOLE -55000 0 0
JACK IN THE BOX INC COMMON 466367109 5919 276100 SH SOLE 276100 0 0
JOHNSON & JOHNSON COMMON 478160104 38349 408241 SH SOLE 370816 0 37425
JUNIPER NETWORKS INC COMMON 48203R104 -5473 -25000 SH SOLE -25000 0 0
KELLOGG CO COMMON 487836108 37 1550 SH SOLE 1550 0 0
KEMET CORP COMMON 488360108 6310 228400 SH SOLE 228400 0 0
KERR-MCGEE CORP COMMON 492386107 4969 75000 SH SOLE 75000 0 0
KIMBERLY-CLARK CORP COMMON 494368103 1289867 2537301 SH SOLE 2405459 20594 111248
KING PHARMACEUTICALS INC COMMON 495582108 2508 75000 SH SOLE 75000 0 0
KOHLS CORP COMMON 500255104 -1500 -26000 SH SOLE -26000 0 0
KOMAG INC COMMON 500453105 2200 550000 SH SOLE 550000 0 0
KROGER CO COMMON 501044101 35739 1584000 SH SOLE 1584000 0 0
LATTICE SEMICONDCTOR 32.5 12/16COMMON LQTLZ -938 -2500 SH Call SOLE -2500 0 0
LATTICE SEMICONDCTOR 37.5 12/16COMMON LQTLU -359 -2050 SH Call SOLE -2050 0 0
LATTICE SEMICONDUCTOR CORP COMMON 518415104 25736 478800 SH SOLE 478800 0 0
LEHMAN BROTHERS HOLDING INC COMMON 524908100 25118 170000 SH SOLE 170000 0 0
LILLY (ELI) & CO COMMON 532457108 24 300 SH SOLE 0 0 300
LIMITED INC COMMON 532716107 -688 -31200 SH SOLE -31200 0 0
LITTON INDUSTRIES INC COMMON 538021106 2234 50000 SH SOLE 50000 0 0
LOCKHEED MARTIN CORPORATION COMMON 539830109 20613 625400 SH SOLE 625400 0 0
LSI LOGIC CORP COMMON 502161102 48458 1656700 SH SOLE 1656700 0 0
LTX CORP COMMON 502392103 -379 -20000 SH SOLE -20000 0 0
LUCENT TECHNOLOGIES INC COMMON 549463107 7 232 SH SOLE 232 0 0
M & F WORLDWIDE CORP COMMON 552541104 0 30 SH SOLE 30 0 0
MACROMEDIA INC COMMON 556100105 8889 110000 SH SOLE 110000 0 0
MARCHFIRST INC COMMON 566244109 42513 2710000 SH SOLE 2710000 0 0
MATRIX PHARMACEUTICAL INC. COMMON 576844104 202 13000 SH SOLE 13000 0 0
MAY DEPARTMENT STORES CO COMMON 577778103 27995 1365600 SH SOLE 1248000 0 117600
MBIA INC COMMON 55262C100 39761 559033 SH SOLE 524533 0 34500
MBNA CORP COMMON 55262L100 1733 45000 SH SOLE 45000 0 0
MCDONALD'S CORPORATION COMMON 580135101 67244 2227540 SH SOLE 2043640 0 183900
MCGRAW-HILL COMPANIES INC COMMON 580645109 32 500 SH SOLE 500 0 0
MERCK & CO., INC. COMMON 589331107 87843 1180090 SH SOLE 1105790 0 74300
MERCURY GENERAL CORP COMMON 589400100 88 3100 SH SOLE 3100 0 0
MERIDIAN RESOURCE CORP COMMON 58977Q109 8168 1188100 SH SOLE 1188100 0 0
MERRILL LYNCH & CO COMMON 590188108 -823 -12474 SH SOLE -12474 0 0
METLIFE INC COMMON 59156R108 0 2000 SH SOLE 2000 0 0
MICRON TECHNOLOGY INC COMMON 595112103 943 20500 SH SOLE 20500 0 0
MICROSOFT CORP COMMON 594918104 12 200 SH SOLE 200 0 0
MILLENNIUM CHEMICALS INC COMMON 599903101 22 1500 SH SOLE 1500 0 0
MILLENNIUM PHARMACEUTICALS COMMON 599902103 14606 100000 SH SOLE 100000 0 0
MILLIPORE CORP COMMON 601073109 1211 25000 SH SOLE 25000 0 0
MINNESOTA MINING & MFG CO COMMON 604059105 50781 557267 SH SOLE 516267 0 41000
MORGAN ST DEAN WITTER & CO COMMON 617446448 3383 37000 SH SOLE 37000 0 0
MOTOROLA INC COMMON 620076109 5427 192100 SH SOLE 158200 0 33900
MUELLER INDUSTRIES INC COMMON 624756102 3141 140000 SH SOLE 140000 0 0
NABORS INDUSTRIES INC COMMON 629568106 26829 512000 SH SOLE 512000 0 0
NASDAQ-100 SHARES COMMON 631100104 -17658 -199100 SH SOLE -199100 0 0
NCR CORPORATION COMMON 62886E108 189 5011 SH SOLE 11 0 5000
NISOURCE INC COMMON 65473P105 10 398 SH SOLE 398 0 0
NOKIA CORP -SPON ADR COMMON 654902204 -3384 -85000 SH SOLE -85000 0 0
NORTEL NETWORKS CORP COMMON 656568102 99654 1673100 SH SOLE 1673100 0 0
NORTEL NETWORKS CORP 70 11/18/0COMMON NTVKN -672 -2500 SH Call SOLE -2500 0 0
NORTHERN TRUST CORP COMMON 665859104 0 2400 SH SOLE 2400 0 0
NOVELLUS SYSTEMS INC COMMON 670008101 22927 492400 SH SOLE 492400 0 0
OAKLEY INC COMMON 673662102 123 7000 SH SOLE 0 0 7000
OLIN CORP COMMON 680665205 2083 128700 SH SOLE 128700 0 0
OMI CORP - NEW COMMON Y6476W104 1 75 SH SOLE 75 0 0
ONYX SOFTWARE CORP COMMON 683402101 11816 572900 SH SOLE 572900 0 0
ORACLE CORPORATION COMMON 68389X105 622 7900 SH SOLE 7900 0 0
ORTHODONTIC CENTERS OF AMER COMMON 68750P103 22653 680000 SH SOLE 680000 0 0
OUTBACK STEAKHOUSE INC COMMON 689899102 50434 1859300 SH SOLE 1859300 0 0
PENN TREATY AMER CORP COMMON 707874103 10452 574700 SH SOLE 574700 0 0
PEOPLES BANK COMMON 710198102 42 2000 SH SOLE 2000 0 0
PEOPLESOFT INC COMMON 712713106 978 35000 SH SOLE 35000 0 0
PERFORMANCE FOOD GROUP CO COMMON 713755106 113 3000 SH SOLE 3000 0 0
PFIZER INC COMMON 717081103 53321 1186558 SH SOLE 1186558 0 0
PHARMACIA CORPORATION COMMON 71713U102 39 654 SH SOLE 654 0 0
PHOTRONICS INC COMMON 719405102 4243 194500 SH SOLE 194500 0 0
PITNEY BOWES INC COMMON 724479100 -410 -10400 SH SOLE -10400 0 0
PNC FINANCIAL SERVICES GROUP COMMON 693475105 1902234 2327106 SH SOLE 2230141 26965 70000
POLO RALPH LAUREN CORP COMMON 731572103 16 1000 SH SOLE 0 0 1000
POLYMER GROUP INC COMMON 731745105 1551 210300 SH SOLE 210300 0 0
PPG INDUSTRIES INC COMMON 693506107 -810 -20400 SH SOLE -20400 0 0
PROCTER & GAMBLE CO COMMON 742718109 45991 686433 SH SOLE 615733 0 70700
PROVANT INC COMMON 743724106 21 3000 SH SOLE 0 0 3000
RADIOSHACK CORP COMMON 750438103 -1293 -20000 SH SOLE -20000 0 0
RARE MEDIUM GROUP INC COMMON 75382N109 5165 694444 SH SOLE 0 0 694444
RAYOVAC CORP COMMON 755081106 1101 64300 SH SOLE 64300 0 0
RAYTHEON CO-CLASS B COMMON 755111408 21376 751700 SH SOLE 751700 0 0
REHABCARE GROUP INC COMMON 759148109 67150 1580000 SH SOLE 1580000 0 0
REMEC INC COMMON 759543101 5152 175000 SH SOLE 175000 0 0
RESOURCE BANCSHARES MTG GRP COMMON 761197102 284 50000 SH SOLE 50000 0 0
RF MICRO DEVICES INC COMMON 749941100 -3728 -116500 SH SOLE -116500 0 0
ROCKWELL INTL CORP COMMON 773903109 27 900 SH SOLE 900 0 0
ROPER INDUSTRIES INC COMMON 776696106 33851 1020000 SH SOLE 1020000 0 0
ROYAL DUTCH PETRO-NY SHARES COMMON 780257804 22338 372696 SH SOLE 372696 0 0
RUDOLPH TECHNOLOGIES INC COMMON 781270103 8430 252100 SH SOLE 252100 0 0
S & P 500 DEPOSITARY RECEIPT COMMON 78462F103 10801 75200 SH SOLE 75200 0 0
S3 INCORPORATED COMMON 784849101 3578 347000 SH SOLE 347000 0 0
SAFECO CORP COMMON 786429100 22 800 SH SOLE 800 0 0
SALON.COM COMMON 79549F108 1047 644330 SH SOLE 0 0 644330
SANDISK CORP COMMON 80004C101 14118 211500 SH SOLE 211500 0 0
SANDISK CORP 85 11/18/00 CALL COMMON SWQKQ -156 -500 SH Call SOLE -500 0 0
SANMINA CORP COMMON 800907107 -9363 -100000 SH SOLE -100000 0 0
SANTA FE INTERNATIONAL CORP COMMON G7805C108 63989 1420000 SH SOLE 1420000 0 0
SAPIENT CORPORATION COMMON 803062108 -4378 -107600 SH SOLE -107600 0 0
SBC COMMUNICATIONS INC COMMON 78387G103 68808 1376158 SH SOLE 1253858 0 122300
SCANA CORP COMMON 80589M102 433 14009 SH SOLE 14009 0 0
SCHOLASTIC CORP COMMON 807066105 61597 774200 SH SOLE 774200 0 0
SCIENT CORP COMMON 80864H109 -670 -32000 SH SOLE -32000 0 0
SEARS, ROEBUCK & CO COMMON 812387108 -1683 -51900 SH SOLE -51900 0 0
SEMICONDUCTOR HOLDRs TRUST COMMON 816636203 -13331 -187500 SH SOLE -187500 0 0
SILICON LABORATORIES INC COMMON 826919102 414 10100 SH SOLE 10100 0 0
SILICON STORAGE TECHNOLOGY COMMON 827057100 -1631 -60000 SH SOLE -60000 0 0
SMURFIT-STONE CONTAINER CORP COMMON 832727101 -25 -2100 SH SOLE -2100 0 0
SOLECTRON CORP COMMON 834182107 -3575 -77500 SH SOLE -77500 0 0
SOUTHDOWN INC COMMON 841297104 13074 183500 SH SOLE 183500 0 0
SPORTSLINE.COM INC COMMON 848934105 20922 1514700 SH SOLE 1514700 0 0
SPRINT CORP (PCS GROUP) COMMON 852061506 109747 3130050 SH SOLE 3126700 0 3350
STANLEY WORKS COMMON 854616109 -1663 -72100 SH SOLE -72100 0 0
STAPLES INC COMMON 855030102 16411 1156700 SH SOLE 1156700 0 0
STATION CASINOS INC COMMON 857689103 3176 222900 SH SOLE 222900 0 0
STEINER LEISURE LTD COMMON P8744Y102 14470 646725 SH SOLE 646725 0 0
STMICROELECTRONICS NV-NY SHS COMMON 861012102 -3900 -81900 SH SOLE -81900 0 0
STUDENT LOAN CORP COMMON 863902102 5599 114700 SH SOLE 114700 0 0
SUN MICROSYSTEMS INC COMMON 866810104 33939 290700 SH SOLE 289500 0 1200
SUNBEAM CORPORATION COMMON 867071102 3 2000 SH SOLE 2000 0 0
SUNTRUST BANKS INC COMMON 867914103 44089 885100 SH SOLE 812200 0 72900
SYMBOLLON CORP-CL A COMMON 87151H106 21 4375 SH SOLE 0 0 4375
SYMS CORP COMMON 871551107 2853 736337 SH SOLE 0 0 736337
SYNCOR INTL CORP-DEL COMMON 87157J106 375 10200 SH SOLE 10200 0 0
TALISMAN ENERGY INC COMMON 87425E103 4032 115000 SH SOLE 115000 0 0
TENET HEALTHCARE CORPORATION COMMON 88033G100 20115 553000 SH SOLE 553000 0 0
TERADYNE INC COMMON 880770102 -5250 -150000 SH SOLE -150000 0 0
TEREX CORP COMMON 880779103 1652 126500 SH SOLE 126500 0 0
TEVA PHARMACEUTICAL-SP ADR COMMON 881624209 32203 440000 SH SOLE 440000 0 0
TEXACO INC COMMON 881694103 61099 1163783 SH SOLE 1056101 0 107682
TEXAS INSTRUMENTS INC COMMON 882508104 3702 78450 SH SOLE 57800 0 20650
THE BISYS GROUP INC COMMON 055472104 2010 26000 SH SOLE 26000 0 0
THE WALT DISNEY CO. COMMON 254687106 452 11825 SH SOLE 11825 0 0
THESTREET.COM INC COMMON 88368Q103 0 53 SH SOLE 0 0 53
TIME WARNER INC COMMON 887315109 39798 508600 SH SOLE 504400 0 4200
TJX COMPANIES INC COMMON 872540109 42955 1909100 SH SOLE 1746100 0 163000
TORCHMARK CORP COMMON 891027104 55795 2006100 SH SOLE 1822600 0 183500
TOTAL FINA ELF S.A. SPON ADR COMMON 89151E109 53 722 SH SOLE 722 0 0
TRANSOCEAN SEDCO FOREX INC COM COMMON G90078109 2108448 35965 SH SOLE 0 35965 0
TRANSWITCH CORP COMMON 894065101 7969 125000 SH SOLE 125000 0 0
TRANSWITCH CORP 62.5 11/18/00 CCOMMON TZQKC -510 -600 SH Call SOLE -600 0 0
TRANSWITCH CORP 65 11/18/00 CALCOMMON TZQKM -488 -650 SH Call SOLE -650 0 0
TRIBUNE CO COMMON 896047107 3981 91262 SH SOLE 77582 0 13680
TRUE NORTH COMMUNICATIONS COMMON 897844106 1502 42000 SH SOLE 42000 0 0
TYCO INTERNATIONAL LTD COMMON 902124106 64403 1241500 SH SOLE 1225150 0 16350
U.S. BANCORP COMMON 902973106 11027 484700 SH SOLE 484700 0 0
U.S. FRANCHISE SYSTEMS INC-A COMMON 902956309 4326 893000 SH SOLE 893000 0 0
ULTRAMAR DIAMOND SHAMROCK CP COMMON 904000106 1 25 SH SOLE 25 0 0
UNILEVER N V -NY SHARES COMMON 904784709 172 3571 SH SOLE 3571 0 0
UNISYS CORP COMMON 909214108 1 70 SH SOLE 70 0 0
UNITED RENTALS INC COMMON 911363109 9445 391500 SH SOLE 391500 0 0
UNITED TECHNOLOGIES CORP COMMON 913017109 1693299 1043143 SH SOLE 927693 23390 92060
UNIVERSAL STAINLESS & ALLOY COMMON 913837100 7956 1157200 SH SOLE 1157200 0 0
UNIVISION COMMUNICATIONS-A COMMON 914906102 14060 376200 SH SOLE 376200 0 0
UNOCAL CORP COMMON 915289102 59446 1677483 SH SOLE 1502783 0 174700
USA EDUCATION INC COMMON 90390U102 1641907 1586956 SH SOLE 1405366 32540 149050
USA NETWORKS INC COMMON 902984103 1580 72000 SH SOLE 72000 0 0
USFREIGHTWAYS CORPORATION COMMON 916906100 25519 1124800 SH SOLE 1124800 0 0
VASOGEN INC COMMON 92232F103 881 100000 SH SOLE 100000 0 0
VERIZON COMMUNICATIONS COMMON 92343V104 47329 977119 SH SOLE 918619 0 58500
VIACOM INC-CL A COMMON 925524100 1 10 SH SOLE 10 0 0
VIACOM INC-CL B COMMON 925524308 2757 47135 SH SOLE 47135 0 0
VIAD CORP COMMON 92552R109 1073298 2189793 SH SOLE 1927538 38255 224000
VIATEL INC COMMON 925529208 21 2015 SH SOLE 2015 0 0
VISHAY INTERTECHNOLOGY 30 01/20COMMON VSHAF -1128 -2200 SH Call SOLE -2200 0 0
VISHAY INTERTECHNOLOGY 35 01/20COMMON VSHAG -939 -2590 SH Call SOLE -2590 0 0
VISHAY INTERTECHNOLOGY INC COMMON 928298108 50646 1647025 SH SOLE 1647025 0 0
VISTEON CORP COMMON 92839U107 48 3172 SH SOLE 3172 0 0
VITESSE SEMICONDUCTOR 90 01/20/COMMON VQTAR -6832 -4593 SH Call SOLE -4593 0 0
VITESSE SEMICONDUCTOR CORP COMMON 928497106 43562 489800 SH SOLE 489800 0 0
VLASIC FOODS INTERNATIONAL COMMON 928559103 1 600 SH SOLE 600 0 0
VODAFONE GROUP PLC-SP ADR COMMON 92857W100 46992 1270055 SH SOLE 1270055 0 0
WALGREEN CO COMMON 931422109 1214 32000 SH SOLE 32000 0 0
WASHINGTON MUTUAL INC COMMON 939322103 61659 1548739 SH SOLE 1407079 0 141660
WASTE MANAGEMENT INC COMMON 94106L109 0 23 SH SOLE 23 0 0
WATSON PHARMACEUTICALS INC COMMON 942683103 40871 630000 SH SOLE 630000 0 0
WENDY'S INTERNATIONAL INC COMMON 950590109 56563 2819358 SH SOLE 2563458 0 255900
WESTVACO CORP COMMON 961548104 -1108 -41500 SH SOLE -41500 0 0
WILLIAMS COS INC COMMON 969457100 34 799 SH SOLE 799 0 0
WORLD ACCESS INC COMMON 98141A101 21 3927 SH SOLE 3927 0 0
WORLDCOM INC COMMON 98157D106 886062 1418555 SH SOLE 1257725 27780 133050
WPP GROUP PLC-SPONSORED ADR COMMON 929309300 1234 20800 SH SOLE 12200 0 8600
WRIGLEY (WM.) JR CO COMMON 982526105 0 700 SH SOLE 700 0 0
XILINX INC COMMON 983919101 88245 1030600 SH SOLE 1030600 0 0
ZI CORPORATION COMMON 988918108 6356 904000 SH SOLE 904000 0 0
ZIONS BANCORPORATION COMMON 989701107 205 4000 SH SOLE 0 0 4000
ZORAN CORP COMMON 98975F101 2438 50000 SH SOLE 50000 0 0
</TABLE>
