<COVER PAGE>
Securities and Exchange Commission
FORM 13F-HR
Report for Calendar Year or Quarter Ended: (Quarter) 09/29/2000
Check here if Amendment []: AMENDMENT NO.____
This Amendment (check only one): [ ] is a restatement
[ ] adds a new holding
Institutional Investment Manager Filing this Report:
Name: SG Cowen Asset Management, Inc.
Address: 560 Lexington Avenue
New York, NY 10022
Form 13F File Number: 028-07390
The institutional investment manager filing this report and the
person by whom it is signed hereby represents 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:
/s/William R Church
___________________________
[William R. Church]
SG Cowen Asset Management, Inc.
560 Lexington Avenue
New York, NY 10022
Dated: Oct 04, 2000
Report Type (Check Only One)
[X] 13F HOLDING REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other
reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this
report and a portion are reported by other
reporting manager(s).)
FORM 13F INFORMATION TABLE
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Name Title of Value Shrs or Put/InvestmentOther Voting Authority
Issuer Class CUSIP (x$1000)prn amt CallDiscretionManagerSole Shared None
20TH CENTURY INDS COM 901272203 6132 362000 SOLE 362000 0 0
ACUSON CORP COM 005113105 26258 1154200 SOLE 1105600 0 48600
ADAC LABS COM 005313200 2081 100000 SOLE 96400 0 3600
AGCO CORP COM 001084102 2462 207200 SOLE 200100 0 7100
AGL RESOURCES INC COM 001204106 863 43000 SOLE 43000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 610 105000 SOLE 105000 0 0
AIR PDTS & CHEMICALS INC COM 009158106 1332 37000 SOLE 37000 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 378 7200 SOLE 7200 0 0
ALASKA AIR GROUP INC COM 011659109 2503 104300 SOLE 100800 0 3500
ALBERTSONS INCORPORATED COM 013104104 364 17350 SOLE 17350 0 0
ALLEGHENY ENERGY INC COM 017361106 1337 35000 SOLE 35000 0 0
ALLIANCE BANCORP COM 01852J105 1684 93545 SOLE 92045 0 1500
ALLMERICA FINL CORP COM 019754100 2727 42648 SOLE 41448 0 1200
ALLSTATE CORP COM 020002101 4912 141360 SOLE 136260 0 5100
AMEREN CORPORATION COM 023608102 6282 150000 SOLE 150000 0 0
AMERICAN INTL GROUP INC COM 026874107 6737 70405 SOLE 67880 0 2525
AMERISOURCE HLTH CORP COM 03071P102 2406 51200 SOLE 49700 0 1500
ANTEC CORP COM 03664P105 864 29300 SOLE 28300 0 1000
APACHE CORP COMMON COM 037411105 3394 57400 SOLE 57400 0 0
APEX SILVER MINES LTD COM G04074103 668 65900 SOLE 55900 0 10000
ARCH COAL INC COM 039380100 3115 311500 SOLE 301500 0 10000
ARTHUR J GALLAGHER & CO COM 363576109 4027 68100 SOLE 64400 0 3700
ARTISOFT INC COM 04314L106 1234 164100 SOLE 147800 0 16300
AT&T CORP COM 001957109 7076 240830 SOLE 233400 0 7430
ATWOOD OCEANICS INC COM 050095108 2189 52500 SOLE 50600 0 1900
AVON PRODUCTS INC COM 054303102 4045 98950 SOLE 95360 0 3590
BAKER HUGHES INC COM 057224107 4162 112095 SOLE 109065 0 3030
BANCWEST CORP COM 059790105 1991 102400 SOLE 99800 0 2600
BANK OF AMERICA CORP COM 060505104 5651 107880 SOLE 104200 0 3680
BANK ONE CORP COM 06423A103 5913 153070 SOLE 147500 0 5570
BARD C. R. INCORPORATED COM 067383109 346 8200 SOLE 8200 0 0
BARNES & NOBLE INC COM 067774109 4883 248000 SOLE 248000 0 0
BASIN EXPLORATION INC COM 070107107 837 42900 SOLE 42900 0 0
BATTLE MTN GOLD CO COM 071593107 3043 1738741 SOLE 1657641 0 81100
BAXTER INTL INC COM 071813109 4351 54520 SOLE 52640 0 1880
BERGEN BRUNSWG CORP CL A COM 083739102 359 30700 SOLE 30700 0 0
BERKLEY W R CORPORATION COM 084423102 17892 517700 SOLE 514100 0 3600
BERKSHIRE HATHAWAY CL B COM 084670207 1762 851 SOLE 851 0 0
BESTFOODS COM 08658U101 1029 14150 SOLE 14150 0 0
BEVERLY ENTERPRISES COM 087851309 5254 884537 SOLE 842237 0 42300
BIRMINGHAM STL CORP COM 091250100 1581 587849 SOLE 570349 0 17500
BORDERS GROUP INC COM 099709107 1840 132000 SOLE 132000 0 0
BOSTON LIFE SCIENCES NEW COM 100843408 321 43000 SOLE 43000 0 0
BOSTON PVT FINL HLDGS COM 101119105 1526 92500 SOLE 90500 0 2000
BRISTOL MYERS SQUIBB CO COM 110122108 5143 90020 SOLE 87390 0 2630
BURLINGTON RESOURCES INC COM 122014103 1811 49200 SOLE 49200 0 0
CALGON CARBON CORP COM 129603106 19071 2800498 SOLE 2585798 0 214700
CAMBRIDGE HEART INC COM 131910101 57 13000 SOLE 13000 0 0
CAMPBELL SOUP COMPANY COM 134429109 364 14050 SOLE 14050 0 0
CAROLINA PWR & LIGHT COM 144141108 4621 110850 SOLE 110850 0 0
CARTER-WALLACE INC COM 146285101 3141 128511 SOLE 117611 0 10900
CELL THERAPEUTICS INC COM 150934107 1894 28400 SOLE 27800 0 600
CERIDIAN CORP COM 15677T106 5775 205800 SOLE 200400 0 5400
CHASE MANHATTAN CORP NEW COM 16161A108 3128 67710 SOLE 65250 0 2460
CHILES OFFSHORE INC COM 16888M104 324 15000 SOLE 7500 0 7500
CHUBB CORP COM 171232101 7634 96480 SOLE 93750 0 2730
CINERGY CORP COM 172474108 10247 309950 SOLE 307000 0 2950
CITIGROUP INC COM 172967101 649 12000 SOLE 12000 0 0
CLAIRES STORES INC COM 179584107 5499 305497 SOLE 295897 0 9600
CMS ENERGY CORP COM 125896100 1383 51350 SOLE 51350 0 0
CNH GLOBAL NV COM N20935107 3361 336137 SOLE 316837 0 19300
COASTAL CORP COM 190441105 764 10300 SOLE 10300 0 0
COFLEXIP COM 192384105 2681 43069 SOLE 39869 0 3200
COMPAQ COMPUTER CORP COM 204493100 5948 215670 SOLE 208470 0 7200
COMPUTER ASSOC INTL INC COM 204912109 3336 132450 SOLE 127500 0 4950
CONNECTICS CORP COM 208192104 253 10500 SOLE 5000 0 5500
CONOCO INC COM 208251306 4972 190280 SOLE 183380 0 6900
CONSTELLATION ENERGY COM 210371100 3366 67650 SOLE 67650 0 0
CONVERGYS CORP COM 212485106 544 14000 SOLE 14000 0 0
CORE LABORATORIES NV COM N22717107 368 15000 SOLE 1000 0 14000
CORVIS CORP COM 221009103 330 5400 SOLE 5400 0 0
COVENTRY HEALTH CARE INC COM 222862104 410 27100 SOLE 27100 0 0
CRACKER BARREL COM 224100107 9462 658000 SOLE 658000 0 0
CROMPTON CORP COM 227116100 1622 205840 SOLE 205840 0 0
CROWN CORK&SEAL CO INC COM 228255105 3891 364000 SOLE 364000 0 0
CSX CORP COM 126408103 1513 69380 SOLE 66850 0 2530
CUBIST PHARM INC COM 229678107 1505 28900 SOLE 28000 0 900
CYGNUS INC COM 232560102 4950 450000 SOLE 436300 0 13700
DELL COMPUTER CORP COM 247025109 598 19400 SOLE 19400 0 0
DELTA AIR LINES INC COM 247361108 621 14000 SOLE 14000 0 0
DELTA AND PINE LAND CO COM 247357106 352 13700 SOLE 13700 0 0
DEVON ENERGY CORP COM 25179M103 205 3400 SOLE 3400 0 0
DIEBOLD INCORPORATED COM 253651103 882 33200 SOLE 33200 0 0
DONCASTERS PLC SPONS ADR COM 257692103 308 15200 SOLE 0 0 15200
DONNELLEY R.R. & SONS CO COM 257867101 535 21800 SOLE 21800 0 0
DPL INC COM 233293109 350 11750 SOLE 11750 0 0
EASTMAN KODAK COMPANY COM 277461109 3642 89090 SOLE 85840 0 3250
EDISON SCHOOLS INC COM 281033100 4194 132100 SOLE 128000 0 4100
EEX CORP NEW COM 26842V207 2251 468000 SOLE 391500 0 76500
EL PASO ENERGY CORP DEL COM 283905107 3819 61960 SOLE 59410 0 2550
ENCHIRA BIOTECH CORP COM 29251Q107 190 23600 SOLE 0 0 23600
EVANS&SUTHERLAND COMPUTR COM 299096107 3180 584600 SOLE 529600 0 55000
EVEREST REINS HLDGS COM 299808105 13019 263000 SOLE 263000 0 0
FANNIE MAE COM 313586109 2304 32220 SOLE 30120 0 2100
FEDL HOME LOAN MTG CORP COM 313400301 1967 36380 SOLE 36150 0 230
FELCOR LODGING TR INC COM 31430F101 2574 111282 SOLE 108882 0 2400
FIDELITY NATL FINL INC COM 316326107 2522 101900 SOLE 99100 0 2800
FIREPOND INC COM 318224102 2243 154700 SOLE 148700 0 6000
FLOWERS INDUSTRIES INC COM 343496105 2924 149931 SOLE 145331 0 4600
FOREST OIL CORP NEW COM 346091606 3224 199141 SOLE 192241 0 6900
FORTUNE BRANDS INC COM 349631101 551 20800 SOLE 20800 0 0
FOUNDATION HLTH SYS INC COM 350404109 10482 630300 SOLE 630300 0 0
FRANCO NEV MNG CORP LTDF COM 351860101 148 15000 SOLE 15000 0 0
FREEMARKETS INC COM 356602102 309 5400 SOLE 5400 0 0
FREMONT GENERAL CORP COM 357288109 688 200000 SOLE 190000 0 10000
GENERAL MILLS INC COM 370334104 470 13250 SOLE 13250 0 0
GENTA INC NEW COM 37245M207 2498 261300 SOLE 253900 0 7400
GENUS INC COM 372461103 281 73700 SOLE 73700 0 0
GENZYME CORP COM 372917104 2812 41240 SOLE 39760 0 1480
GENZYME CORP MOLECULAR COM 372917500 429 30900 SOLE 30900 0 0
GLAMIS GOLD LTD COM 376775102 41 27500 SOLE 0 0 27500
GLOBAL MARINE INC NEW COM 379352404 5795 187669 SOLE 172969 0 14700
GRANT PRIDECO INC COM 38821G101 5616 255950 SOLE 245710 0 10240
GREY WOLF INC COM 397888108 3854 670200 SOLE 612300 0 57900
GYMBOREE CORP COM 403777105 1977 363400 SOLE 350500 0 12900
HALLIBURTON COMPANY COM 406216101 969 19800 SOLE 19800 0 0
HANOVER COMPRESSOR CO COM 410768105 669 20300 SOLE 20300 0 0
HARTFORD FINL SVCS GROUP COM 416515104 948 13000 SOLE 13000 0 0
HARTMARX CORP COM 417119104 1617 539000 SOLE 539000 0 0
HCA HEALTHCARE COMPANY COM 404119109 4971 133870 SOLE 127570 0 6300
HEALTHSOUTH CORP COM 421924101 15539 1911300 SOLE 1783600 0 127700
HEARTLAND PARTNERS L P COM 422357103 479 21400 SOLE 21400 0 0
HERLEY INDUSTRIES INC COM 427398102 4422 194900 SOLE 185100 0 9800
HILLENBRAND IND INC COM 431573104 13873 310000 SOLE 310000 0 0
HOMESTAKE MINING COMPANY COM 437614100 17806 3430752 SOLE 3339352 0 91400
HUBBELL INC COM 443510201 5989 239000 SOLE 239000 0 0
HUMANA INC COM 444859102 16015 1489800 SOLE 1489800 0 0
HURRICANE HYDROCARBONS COM 44779E106 600 100000 SOLE 90000 0 10000
ILEX ONCOLOGY INC COM 451923106 386 12800 SOLE 12800 0 0
IMC GLOBAL INC COM 449669100 3426 236306 SOLE 224906 0 11400
INFINIUM SOFTWARE INC COM 45662Y109 778 289400 SOLE 232300 0 57100
INFO RESOURCES INC COM 456905108 6303 925495 SOLE 844995 0 80500
INHALE THERAPEUTIC SYS COM 457191104 366 6500 SOLE 6500 0 0
INPUT/OUTPUT INC COM 457652105 433 45000 SOLE 45000 0 0
INTERNAP NETWORK SVCS COM 45885A102 436 13500 SOLE 13500 0 0
INTERSTATE BAKERIES NEW COM 46072H108 5764 394000 SOLE 394000 0 0
INTL FLAVOR & FRAGRANCES COM 459506101 597 32700 SOLE 32700 0 0
IOMEGA CORP COM 462030107 9891 1978200 SOLE 1868400 0 109800
IVAX CORP COM 465823102 1219 26500 SOLE 21500 0 5000
IXL ENTERPRISES INC COM 450718101 141 32100 SOLE 32100 0 0
JOHNSON & JOHNSON COMMON COM 478160104 257 2740 SOLE 2740 0 0
KAISER ALUMINUM CORP COM 483007100 2270 374661 SOLE 360761 0 13900
KEYSPAN ENERGY COM 49337K106 9988 248900 SOLE 248900 0 0
KINDER MORGAN INC COM 494553100 942 23000 SOLE 23000 0 0
KINROSS GOLD CORP COM 496902107 13 22800 SOLE 0 0 22800
KIRBY CORP COM 497266106 2886 147020 SOLE 143520 0 3500
LABORATORY CORP OF AMER COM 50540R409 2359 19700 SOLE 19100 0 600
LASALLE HOTEL PROPERTIES COM 517942108 3357 221900 SOLE 215800 0 6100
LEXICON GENETICS INC COM 528872104 2938 92900 SOLE 90100 0 2800
LIBERTY FINL COS INC COM 530512102 6651 283000 SOLE 283000 0 0
LINDSAY MFG CO COM 535555106 4786 256900 SOLE 238800 0 18100
LITTON INDUSTRIES INC COM 538021106 5792 129600 SOLE 128400 0 1200
LO JACK CORP COM 539451104 1382 185785 SOLE 181285 0 4500
LOCKHEED MARTIN CORP COM 539830109 9936 301450 SOLE 289250 0 12200
LTV CORP COM 501921100 1235 942671 SOLE 890971 0 51700
LUBRIZOL CORP COM 549271104 2658 135000 SOLE 135000 0 0
MADISON GAS&ELECTRIC CO COM 557497104 2776 122000 SOLE 122000 0 0
MANOR CARE INC NEW COM 564055101 14987 955200 SOLE 907300 0 47900
MARINE DRILLING COS COM 568240204 1771 62000 SOLE 57200 0 4800
MATRIA HEALTHCARE INC COM 576817100 130 37000 SOLE 4000 0 33000
MATTEL INCORPORATED COM 577081102 7205 643900 SOLE 625050 0 18850
MAXTOR CORP COM 577729106 3275 311900 SOLE 300800 0 11100
MAXTOR CORP NEW COM 577729205 652 62100 SOLE 62100 0 0
MC CORMICK & CO INC N-VT COM 579780206 679 22825 SOLE 22825 0 0
MCN ENERGY GROUP INC COM 55267J100 16919 660108 SOLE 652208 0 7900
MEDIA GENERAL INC CL A COM 584404107 1320 30700 SOLE 30700 0 0
MERCURY GENERAL CORP COM 589400100 5472 193300 SOLE 193300 0 0
MERIDIAN GOLD INC COM 589975101 1226 180000 SOLE 155000 0 25000
MESSAGEMEDIA INC COM 590787107 182 71800 SOLE 71800 0 0
MICHAELS STORES INC COM 594087108 2635 65869 SOLE 62669 0 3200
MICROSOFT CORP COM 594918104 905 15000 SOLE 15000 0 0
MID ATLANTIC MED SVC INC COM 59523C107 35804 2366456 SOLE 2268356 0 98100
MOOG INC CL A COMMON COM 615394202 1305 43305 SOLE 42605 0 700
MOTOROLA INCORPORATED COM 620076109 4077 144330 SOLE 139070 0 5260
MUTUAL RISK MGMT LTD E COM 628351108 7043 321000 SOLE 311600 0 9400
MYLAN LABORATORIES INC COM 628530107 19078 708160 SOLE 702970 0 5190
NATCO GROUP INC CL A COM 63227W203 388 44600 SOLE 44600 0 0
NATIONAL FUEL GAS CO COM 636180101 1259 22450 SOLE 22450 0 0
NATL COMMERCE BANCORP COM 635449101 2283 114500 SOLE 111700 0 2800
NCR CORP NEW COM 62886E108 4112 108745 SOLE 104825 0 3920
NELSON THOMAS INC COM 640376109 2805 342500 SOLE 323200 0 19300
NETBANK INC COM 640933107 3231 273600 SOLE 256900 0 16700
NEWELL RUBBERMAID INC COM 651229106 1081 47400 SOLE 47400 0 0
NEWMONT MINING CORP COM 651639106 4934 290251 SOLE 270690 0 19561
NEWPARK RES INC COM 651718504 144 15600 SOLE 0 0 15600
NEWPORT NEWS SHIPBLDG COM 652228107 13366 308122 SOLE 291822 0 16300
NIAGARA MOHAWK HLDGS INC COM 653520106 8237 523000 SOLE 523000 0 0
NICOR INC COM 654086107 5392 149000 SOLE 149000 0 0
NOBLE AFFILIATES INC COM 654894104 11596 312300 SOLE 310200 0 2100
NOBLE DRILLING CORP COM 655042109 206 4100 SOLE 0 0 4100
NORDSTROM INC COM 655664100 405 26050 SOLE 26050 0 0
NORTHRIM BANK ALASKA COM 666764105 728 89590 SOLE 79590 0 10000
NORTHROP GRUMMAN CORP COM 666807102 12891 141850 SOLE 141850 0 0
NOVO-NORDISK A/S ADR COM 670100205 622 5600 SOLE 5600 0 0
NUEVO ENERGY COMPANY COM 670509108 2945 160232 SOLE 152332 0 7900
OCEAN ENERGY INC TEXAS COM 67481E106 15081 976721 SOLE 927641 0 49080
OCEANEERING INTL INC COM 675232102 12482 750554 SOLE 691554 0 59000
OFFICEMAX INC COM 67622M108 1926 541000 SOLE 541000 0 0
OFFSHORE LOGISTICS INC COM 676255102 3986 222929 SOLE 207129 0 15800
OLIN CORP COM 680665205 2907 179525 SOLE 166325 0 13200
OSHKOSH B GOSH INC CL COM 688222207 2505 164593 SOLE 162193 0 2400
PACIFICARE HTLH SYS CHG COM 695112201 4184 120200 SOLE 120200 0 0
PARADIGM GEOPHYSCAL LTDF COM 69900J104 113 17500 SOLE 12500 0 5000
PARADYNE NETWORKS INC COM 69911G107 89 16400 SOLE 16400 0 0
PARKER DRILLING CO COM 701081101 3205 457800 SOLE 419800 0 38000
PE CORP PE BIOSYSTEM GRP COM 69332S102 233 2000 SOLE 2000 0 0
PENNEY J C CO INC COM 708160106 474 40150 SOLE 40150 0 0
PENNZOIL-QUAKER ST CO COM 709323109 3109 296100 SOLE 286500 0 9600
PETROLEUM GEO-SERVICES F COM 716597109 2136 123822 SOLE 116622 0 7200
PETSMART INC COM 716768106 4880 1040500 SOLE 976700 0 63800
PHELPS DODGE CORPORATION COM 717265102 2401 57500 SOLE 55900 0 1600
PIONEER NATL RES CO COM 723787107 24287 1711533 SOLE 1649633 0 61900
PLACER DOME INC COM 725906101 8092 857200 SOLE 809300 0 47900
POTASH CORP COM 73755L107 9825 187824 SOLE 179394 0 8430
PRIDE INTL INC COM 741932107 3363 126900 SOLE 123400 0 3500
PRIZE ENERGY CORP COM 74267L106 2872 152100 SOLE 146800 0 5300
PROSPERITY BANCSHS INC COM 743606105 460 25000 SOLE 25000 0 0
PUGET SOUND ENERGY INC COM 745332106 5228 206000 SOLE 206000 0 0
PUMA TECH INC COM 745887109 1698 83600 SOLE 80600 0 3000
QLT INC COM 746927102 468 6600 SOLE 6600 0 0
QUAKER OATS CO COM 747402105 2573 32520 SOLE 31680 0 840
QUANTUM CORP COM HDDG COM 747906303 716 72000 SOLE 72000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 459 4000 SOLE 4000 0 0
QUESTAR CORP COM 748356102 7008 252000 SOLE 252000 0 0
QUORUM HEALTH GROUP INC COM 749084109 137 10500 SOLE 10500 0 0
R H DONNELLEY CORP COM 74955W307 2067 97800 SOLE 96100 0 1700
RAYTHEON CO COM 755111408 7104 249800 SOLE 246100 0 3700
RAZORFISH INC COM 755236106 463 44864 SOLE 44466 0 398
READERS DIGEST ASSN INC COM 755267101 19373 548647 SOLE 528167 0 20480
RENAISSANCERE HLDGS LTD COM G7496G103 2622 41000 SOLE 39800 0 1200
RESEARCH IN MOTION LTD COM 760975102 4613 46800 SOLE 45800 0 1000
RHYTHMS NETCONNECTIONS COM 762430205 224 30300 SOLE 30300 0 0
ROBERDS INC COM 770292100 0 28000 SOLE 28000 0 0
ROSS SYSTEMS INC COM 778303107 26 36500 SOLE 0 0 36500
ROWAN COMPANIES INC COM 779382100 1562 53874 SOLE 52374 0 1500
RPM INCORPORATED OHIO COM 749685103 7248 800000 SOLE 800000 0 0
SAFECO CORP COM 786429100 1033 37900 SOLE 37900 0 0
SAP AKTIENGESELLSCHAFT COM 803054204 5289 86000 SOLE 81930 0 4070
SARA LEE CORP COM 803111103 1225 60300 SOLE 60300 0 0
SCANA CORP NEW COM 80589M102 1075 34802 SOLE 34802 0 0
SCC COMMUNICATIONS CORP COM 78388X105 263 35000 SOLE 35000 0 0
SCHOLASTIC CORP COM 807066105 7186 90320 SOLE 87030 0 3290
SEAGATE TECHNOLOGY INC COM 811804103 4257 61690 SOLE 59170 0 2520
SEMPRA ENERGY COM 816851109 1192 57300 SOLE 57300 0 0
SERONO SA COM 81752M101 756 25000 SOLE 20000 0 5000
SIERRA HEALTH SVCS INC COM 826322109 7272 1550500 SOLE 1550500 0 0
SIGNAL TECHNOLOGY CORP COM 826675100 340 21600 SOLE 21600 0 0
SLM HOLDING CORP COM 78442A109 1349 28000 SOLE 28000 0 0
SONOCO PRODUCTS CO COM 835495102 3215 178000 SOLE 178000 0 0
ST PAUL COMPANIES INC COM 792860108 9895 200671 SOLE 198071 0 2600
STANLEY WORKS COM 854616109 2094 90800 SOLE 89100 0 1700
STATIA TERMINALS GRP NVF COM N82345104 143 20000 SOLE 10000 0 10000
STERLING BANCSHARES INC COM 858907108 4381 287300 SOLE 272500 0 14800
STOLT OFFSHORE S A ORD COM L8873E103 2497 167800 SOLE 146000 0 21800
STORAGE USA INC COM 861907103 1815 59517 SOLE 58217 0 1300
SYBRON INTL CORP COM 87114F106 3782 157600 SOLE 152900 0 4700
TANNING TECH CORP COM 87588P101 344 25000 SOLE 25000 0 0
TASTY BAKING CO COM 876553306 1455 136886 SOLE 122861 0 14025
TECK CORP COM 878742204 1258 188380 SOLE 185880 0 2500
TECO ENERGY INC COM 872375100 9442 328400 SOLE 328400 0 0
TEKTRONIX INCORPORATED COM 879131100 4175 54361 SOLE 51061 0 3300
TELEDYNE TECH INC COM 879360105 5273 181000 SOLE 178600 0 2400
TEVA PHARMACEUTICAL ADRF COM 881624209 644 8800 SOLE 8800 0 0
TEXACO INCORPORATED COM 881694103 1206 22980 SOLE 22980 0 0
TEXAS INDUSTRIES INC COM 882491103 471 14768 SOLE 14768 0 0
TICKETMASTER ONLINE COM 88633P203 2024 119500 SOLE 115300 0 4200
TIDEWATER INC COM 886423102 2622 57625 SOLE 55225 0 2400
TORCHMARK CORP COM 891027104 1207 43400 SOLE 43400 0 0
TOTAL RENAL CARE HLDGS COM 89151A107 1830 244000 SOLE 239300 0 4700
TOYS "R" US INC COM 892335100 3865 237820 SOLE 229270 0 8550
TRANS WORLD ENTERTAINMNT COM 89336Q100 3862 386237 SOLE 374337 0 11900
TRANSATLANTIC HLDGS INC COM 893521104 4977 53800 SOLE 53800 0 0
TRANSOCEAN OFFSHORE COM 893817106 1923 32800 SOLE 31000 0 1800
TRANSOCEAN SEDCO FOREX COM G90078109 1190 20292 SOLE 20202 0 90
TRANSPORT CORP AMERICA COM 89385P102 149 23900 SOLE 23900 0 0
TYSON FOODS INC COM 902494103 7523 752250 SOLE 752250 0 0
U S X-US STEEL GROUP COM 90337T101 5126 337440 SOLE 325730 0 11710
ULTRAMAR DIAMOND SHAMRCK COM 904000106 3530 139085 SOLE 134295 0 4790
UNIFI INC COM 904677101 6134 602000 SOLE 602000 0 0
UNITED HEALTHCARE COM 910581107 375 3800 SOLE 3800 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6877 99300 SOLE 96130 0 3170
UNIVERSAL FOODS CORP COM 913538104 2929 143700 SOLE 143700 0 0
UNIVERSAL HEALTH SVC COM 913903100 1593 18600 SOLE 18100 0 500
UNUM CORP COM 903192102 17118 628200 SOLE 628200 0 0
UNUMPROVIDENT CORP COM 91529Y106 1771 65000 SOLE 65000 0 0
UNUMPROVIDENT CORP COM 91529Y106 221 8100 A 0 0 8100
USFREIGHTWAYS CORP COM 916906100 3553 156600 SOLE 151500 0 5100
USINTERNETWORKING INC COM 917311805 181 27100 SOLE 27100 0 0
USX-MARATHON GROUP COM 902905827 1264 44550 SOLE 44550 0 0
USX-MARATHON GROUP COM 902905827 98 3450 A 0 0 3450
UTILICORP UNITED INC COM 918005109 6964 269087 SOLE 269087 0 0
UTILICORP UNITED INC COM 918005109 152 5872 A 0 0 5872
VARCO INTL INC DEL NEW COM 922122106 2658 127722 SOLE 109199 0 18523
VERITAS DGC INC COM 92343P107 6862 237100 SOLE 223000 0 14100
VINTAGE PETROLEUM INC COM 927460105 1206 53000 SOLE 50000 0 3000
WASH RL EST INV TR SBI COM 939653101 2506 124905 SOLE 122505 0 2400
WASHINGTON GAS LIGHT CO COM 938837101 2903 108000 SOLE 108000 0 0
WATSON PHARM INC COM 942683103 5275 81300 SOLE 81300 0 0
WESTERN GAS RES INC COM 958259103 3148 125638 SOLE 111838 0 13800
WILLBROS GRP INC COM 969199108 195 30000 SOLE 2000 0 28000
WILSON GREATBATCH TECH COM 972232102 1659 72500 SOLE 70100 0 2400
XCEL ENERGY INC COM 98389B100 3896 141670 SOLE 141670 0 0
XL CAPITAL LTD SHS COM G98255105 2440 33200 SOLE 33200 0 0
ZIFF-DAVIS INC ZDNET COM 989511209 1586 112800 SOLE 110600 0 2200
</TABLE>