<COVER PAGE>
Securities and Exchange Commission
FORM 13F-HR
Report for Calendar Year or Quarter Ended: (Quarter) 06/30/2000
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: Jul 03, 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 6835 362000 SOLE 362000 0 0
ACUSON CORP COM 005113105 16619 1150900 SOLE 1102300 0 48600
ADVANTA CORP CL A COM 007942105 976 80426 SOLE 74026 0 6400
AGCO CORP COM 001084102 514 44000 SOLE 44000 0 0
AGL RESOURCES INC COM 001204106 731 43000 SOLE 43000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 606 100000 SOLE 100000 0 0
AIR PDTS & CHEMICALS INC COM 009158106 12857 393300 SOLE 393100 0 200
ALASKA AIR GROUP INC COM 011659109 3503 131900 SOLE 128400 0 3500
ALBERTSONS INCORPORATED COM 013104104 4762 138030 SOLE 137950 0 80
ALLAIRE CORP COM 016714107 434 12000 SOLE 12000 0 0
ALLEGHENY ENERGY INC COM 017361106 1000 35000 SOLE 35000 0 0
ALLIANCE BANCORP COM 01852J105 1034 68945 SOLE 67445 0 1500
ALLMERICA FINL CORP COM 019754100 1871 33748 SOLE 32548 0 1200
ALLSTATE CORP COM 020002101 3355 144660 SOLE 138260 0 6400
AMER HOME PRODUCTS CORP COM 026609107 604 10000 SOLE 10000 0 0
AMEREN CORPORATION COM 023608102 5184 150000 SOLE 150000 0 0
AMERICAN INTL GROUP INC COM 026874107 7637 62400 SOLE 60060 0 2340
APACHE CORP COMMON COM 037411105 32031 533850 SOLE 530300 0 3550
APEX SILVER MINES LTD F COM G04074103 497 50000 SOLE 50000 0 0
ARCH COAL INC COM 039380100 2106 285300 SOLE 275300 0 10000
ARTHUR J GALLAGHER & CO COM 363576109 2137 49700 SOLE 45100 0 4600
ARTISOFT INC COM 04314L106 1327 118600 SOLE 102300 0 16300
AT&T CORP COM 001957109 5647 176480 SOLE 168650 0 7830
AUTODESK INC COM 052769106 13460 393000 SOLE 393000 0 0
AVON PRODUCTS INC COM 054303102 6189 148240 SOLE 141540 0 6700
BAKER HUGHES INC COM 057224107 21211 652645 SOLE 645915 0 6730
BANCWEST CORP COM 059790105 1107 74100 SOLE 71500 0 2600
BANK OF AMERICA CORP COM 060505104 4426 97394 SOLE 91150 0 6244
BANK ONE CORP COM 06423A103 2613 94362 SOLE 89150 0 5212
BARD C. R. INCORPORATED COM 067383109 1617 33600 SOLE 33200 0 400
BARNES & NOBLE INC COM 067774109 5667 238000 SOLE 238000 0 0
BASIN EXPLORATION INC COM 070107107 2884 167800 SOLE 165200 0 2600
BATTLE MTN GOLD CO COM 071593107 3740 1755960 SOLE 1674860 0 81100
BAXTER INTL INC COM 071813109 3969 55220 SOLE 52840 0 2380
BELLWETHER EXPLRTN CONEW COM 079895207 1937 221359 SOLE 197459 0 23900
BERKLEY W R CORPORATION COM 084423102 9538 503600 SOLE 500000 0 3600
BERKSHIRE HATHAWAY CL B COM 084670207 15157 8671 SOLE 8671 0 0
BESTFOODS COM 08658U101 6941 99950 SOLE 99950 0 0
BEVERLY ENTERPRISES NEW COM 087851309 1445 491437 SOLE 470737 0 20700
BIRMINGHAM STL CORP COM 091250100 1680 479965 SOLE 462465 0 17500
BORDERS GROUP INC COM 099709107 1993 127000 SOLE 127000 0 0
BOSTON LIFE SCIENCES NEW COM 100843408 673 76400 SOLE 65000 0 11400
BRISTOL MYERS SQUIBB CO COM 110122108 2667 46025 SOLE 45100 0 925
BROOKS AUTOMATIC INC COM 11434A100 2636 44385 SOLE 42685 0 1700
BURLINGTON RESOURCES INC COM 122014103 13508 339820 SOLE 339700 0 120
CABOT OIL&GAS CORP CL A COM 127097103 2869 134632 SOLE 124032 0 10600
CALGON CARBON CORP COM 129603106 17934 2350398 SOLE 2175998 0 174400
CAMBRIDGE HEART INC COM 131910101 42 13000 SOLE 13000 0 0
CAMPBELL SOUP COMPANY COM 134429109 3255 111525 SOLE 110450 0 1075
CAROLINA PWR & LIGHT COM 144141108 11779 369480 SOLE 369350 0 130
CARTER-WALLACE INC COM 146285101 2498 111011 SOLE 100111 0 10900
CELL THERAPEUTICS INC COM 150934107 1687 52500 SOLE 50600 0 1900
CERIDIAN CORP COM 15677T106 4069 172700 SOLE 167300 0 5400
CHUBB CORP COM 171232101 23722 367040 SOLE 363610 0 3430
CINERGY CORP COM 172474108 17557 668835 SOLE 663680 0 5155
CITIGROUP CAP IV PFD 17305J203 1249 60000 SOLE 20000 0 40000
CLAIRES STORES INC COM 179584107 5256 242327 SOLE 234527 0 7800
CMS ENERGY CORP COM 125896100 6783 301480 SOLE 301350 0 130
CNH GLOBAL NV COM N20935107 3291 355779 SOLE 336479 0 19300
COASTAL CORP COM 190441105 1475 24100 SOLE 20300 0 3800
COFLEXIP COM 192384105 4098 67869 SOLE 63469 0 4400
COMPAQ COMPUTER CORP COM 204493100 5246 214110 SOLE 205510 0 8600
COMPUTER ASSOC INTL INC COM 204912109 5480 104752 SOLE 100160 0 4592
CONNECTICS CORP COM 208192104 153 10500 SOLE 5000 0 5500
CONOCO INC COM 208251306 4377 192390 SOLE 183810 0 8580
CONSTELLATION ENERGY COM 210371100 2730 81650 SOLE 81650 0 0
COVENTRY HEALTH CARE INC COM 222862104 3796 259464 SOLE 249264 0 10200
CRACKER BARREL OLD COM 224100107 9831 658000 SOLE 658000 0 0
CROMPTON CORP COM 227116100 2637 205840 SOLE 205840 0 0
CROWN CORK&SEAL CO INC COM 228255105 14207 954750 SOLE 954500 0 250
CYGNUS INC COM 232560102 3852 287900 SOLE 281100 0 6800
DAWSON GEOPHYSICAL CO COM 239359102 403 35000 SOLE 35000 0 0
DELTA AND PINE LAND CO COM 247357106 3448 130400 SOLE 126700 0 3700
DIEBOLD INCORPORATED COM 253651103 7559 260100 SOLE 251000 0 9100
DONCASTERS PLC SPONS ADR COM 257692103 167 15200 SOLE 0 0 15200
DPL INC COM 233293109 6783 298150 SOLE 298150 0 0
DYNEGY INC NEW COM 26816Q101 381 5400 SOLE 0 0 5400
EASTMAN KODAK COMPANY COM 277461109 4419 73190 SOLE 69840 0 3350
EDISON SCHOOLS INC COM 281033100 8046 323400 SOLE 303100 0 20300
EDWARDS LIFESCIENCES COM 28176E108 1215 60000 SOLE 59000 0 1000
EEX CORP NEW COM 26842V207 2896 526500 SOLE 506500 0 20000
EL PASO ENERGY CORP DEL COM 283905107 7088 136625 SOLE 131790 0 4835
ENTRUST TECHNOLOGIES INC COM 293848107 1084 14621 SOLE 13921 0 700
EVANS&SUTHERLAND COMPUTR COM 299096107 2418 379000 SOLE 353300 0 25700
EVEREST REINS HLDGS IXXX COM 299808105 8860 263000 SOLE 263000 0 0
EVERGREEN RES INC NEW COM 299900308 4788 163700 SOLE 158000 0 5700
EXXON MOBIL CORP COM 30231G102 330 4066 SOLE 1400 0 2666
FANNIE MAE COM 313586109 1722 32220 SOLE 30120 0 2100
FEDL HOME LOAN MTG CORP COM 313400301 1506 36780 SOLE 36550 0 230
FELCOR LODGING TR INC COM 31430F101 1398 64437 SOLE 62037 0 2400
FIDELITY NATL FINL INC COM 316326107 1473 79600 SOLE 76800 0 2800
FIREPOND INC COM 318224102 5046 124000 SOLE 118000 0 6000
FLOWERS INDUSTRIES INC COM 343496105 2962 147147 SOLE 142547 0 4600
FOREST OIL CORP COM 346091606 6814 422438 SOLE 407538 0 14900
FORTUNE BRANDS INC COM 349631101 497 21600 SOLE 21500 0 100
FOUNDATION HLTH SYS INC COM 350404109 9020 630300 SOLE 630300 0 0
FRANCO NEV MNG CORP LTDF COM 351860101 171 15000 SOLE 15000 0 0
FREMONT GENERAL CORP COM 357288109 185 40000 SOLE 40000 0 0
FRIEDE GOLDMAN HALTER COM 358430106 1604 190000 SOLE 175000 0 15000
FRONTIER OIL CORP COM 35914P105 714 84000 SOLE 78000 0 6000
GENERAL MILLS INC COM 370334104 534 13820 SOLE 13750 0 70
GENTA INC NEW COM 37245M207 1494 209600 SOLE 202200 0 7400
GENUS INC COM 372461103 1824 214600 SOLE 204000 0 10600
GENZYME CORP COM 372917104 2426 41550 SOLE 39710 0 1840
GENZYME CORP MOLECULAR COM 372917500 1950 136300 SOLE 131700 0 4600
GLAMIS GOLD LTD COM 376775102 34 17500 SOLE 0 0 17500
GLOBAL INDS LTD COM 379336100 246 14700 SOLE 11800 0 2900
GLOBAL MARINE INC NEW COM 379352404 5083 174927 SOLE 159927 0 15000
GRANT PRIDECO INC COM 38821G101 8708 350000 SOLE 339810 0 10190
GREY WOLF INC COM 397888108 2608 521500 SOLE 473800 0 47700
GTE CORP COM 362320103 213 3425 SOLE 1250 0 2175
GULF CANADA RES LTD ORDF COM 40218L305 216 45000 SOLE 45000 0 0
HALLIBURTON COMPANY COM 406216101 12525 258575 SOLE 258500 0 75
HARRIS CORP DEL COM 413875105 1438 43900 SOLE 43300 0 600
HARTFORD FINL SVCS GROUP COM 416515104 8411 150200 SOLE 150200 0 0
HARTMARX CORP COM 417119104 1348 539000 SOLE 539000 0 0
HCA HEALTHCARE COMPANY COM 404119109 4349 134070 SOLE 127970 0 6100
HEALTHSOUTH CORP COM 421924101 5670 775700 SOLE 715300 0 60400
HEARTLAND PARTNERS L P COM 422357103 266 12500 SOLE 11700 0 800
HERLEY INDUSTRIES INC COM 427398102 3768 198300 SOLE 187500 0 10800
HILLENBRAND IND INC COM 431573104 10503 310000 SOLE 310000 0 0
HOMESTAKE MINING COMPANY COM 437614100 16691 2426002 SOLE 2336102 0 89900
HUBBELL INC CL B COM 443510201 4753 185000 SOLE 185000 0 0
HUMANA INC COM 444859102 18242 3316650 SOLE 3316050 0 600
HURRICANE HYDROCARBONS COM 44779E106 443 100000 SOLE 90000 0 10000
ILEX ONCOLOGY INC COM 451923106 565 16200 SOLE 15600 0 600
IMC GLOBAL INC COM 449669100 1946 140906 SOLE 131906 0 9000
INFINIUM SOFTWARE INC COM 45662Y109 103 27000 SOLE 27000 0 0
INFO RESOURCES INC COM 456905108 2693 762895 SOLE 733995 0 28900
INTERSTATE BAKERIES COM 46072H108 6015 396000 SOLE 394000 0 2000
INTL FLAVOR & FRAGRANCES COM 459506101 1038 33950 SOLE 33800 0 150
IOMEGA CORP COM 462030107 2841 721100 SOLE 705400 0 15700
IXL ENTERPRISES INC COM 450718101 2001 117700 SOLE 113900 0 3800
JOHNSON & JOHNSON COMMON COM 478160104 3646 36990 SOLE 36990 0 0
KAISER ALUMINUM CORP COM 483007100 1557 377106 SOLE 363206 0 13900
KEYSPAN ENERGY COM 49337K106 20533 645475 SOLE 645400 0 75
KINDER MORGAN INC COM 494553100 2206 63595 SOLE 58000 0 5595
KINROSS GOLD CORP COM 496902107 21 22800 SOLE 0 0 22800
KIRBY CORP COM 497266106 2635 126632 SOLE 123132 0 3500
LABORATORY CORP OF AMER COM 50540R409 1815 23100 SOLE 22400 0 700
LASALLE HOTEL PROPERTIES COM 517942108 2656 190500 SOLE 184400 0 6100
LIBERTY FINL COS INC COM 530512102 6172 283000 SOLE 283000 0 0
LINDSAY MFG CO COM 535555106 4418 229500 SOLE 211400 0 18100
LITTON INDUSTRIES INC COM 538021106 4204 99200 SOLE 98400 0 800
LO JACK CORP COM 539451104 884 126285 SOLE 121785 0 4500
LOCKHEED MARTIN CORP COM 539830109 20401 816050 SOLE 801700 0 14350
LTV CORP COM 501921100 2286 869075 SOLE 817375 0 51700
LUBRIZOL CORP COM 549271104 3237 138850 SOLE 135000 0 3850
MADISON GAS&ELECTRIC CO COM 557497104 2386 122000 SOLE 122000 0 0
MANOR CARE INC NEW COM 564055101 3485 497800 SOLE 460400 0 37400
MATRIA HEALTHCARE INC COM 576817100 150 37000 SOLE 4000 0 33000
MATTEL INCORPORATED COM 577081102 15570 1203230 SOLE 1177105 0 26125
MAVERICK TUBE CORP COM 577914104 1145 40000 SOLE 40000 0 0
MAXTOR CORP COM 577729106 3323 316500 SOLE 305400 0 11100
MC CORMICK & CO INC N-VT COM 579780206 8739 258925 SOLE 258925 0 0
MCN ENERGY GROUP INC COM 55267J100 11841 527683 SOLE 514008 0 13675
MEDIA GENERAL INC CL A COM 584404107 1019 20200 SOLE 19500 0 700
MEDTRONIC INC COM 585055106 227 4500 SOLE 4500 0 0
MERCK & CO INC COM 589331107 4666 62950 SOLE 62950 0 0
MERCURY GENERAL CORP COM 589400100 4929 193300 SOLE 193300 0 0
MERIDIAN GOLD INC COM 589975101 719 125000 SOLE 100000 0 25000
MESSAGEMEDIA INC COM 590787107 680 164700 SOLE 159700 0 5000
MICHAELS STORES INC COM 594087108 3556 80569 SOLE 76169 0 4400
MID ATLANTIC MED SVC INC COM 59523C107 37713 2742756 SOLE 2598256 0 144500
MILLER BUILDING SYS INC COM 600404107 459 63800 SOLE 45800 0 18000
MOOG INC CL A COMMON COM 615394202 821 30205 SOLE 29505 0 700
MUTUAL RISK MGMT LTD E COM 628351108 5946 338600 SOLE 324900 0 13700
MYLAN LABORATORIES INC COM 628530107 26458 1479760 SOLE 1473270 0 6490
NATCO GROUP INC CL A COM 63227W203 990 104900 SOLE 103900 0 1000
NATIONAL FUEL GAS CO COM 636180101 1120 22450 SOLE 22450 0 0
NATL COMMERCE BANCORP COM 635449101 1353 80800 SOLE 78000 0 2800
NCR CORP COM 62886E108 4270 110185 SOLE 105325 0 4860
NELSON THOMAS INC COM 640376109 1057 127200 SOLE 117200 0 10000
NETBANK INC COM 640933107 2049 168100 SOLE 153600 0 14500
NEW CENTURY ENERGIES INC COM 64352U103 13403 424675 SOLE 423600 0 1075
NEWELL RUBBERMAID INC COM 651229106 5417 210375 SOLE 207700 0 2675
NEWMONT MINING CORP COM 651639106 6169 291151 SOLE 271590 0 19561
NEWPARK RES INC 7/90 NEW COM 651718504 147 15600 SOLE 0 0 15600
NEWPORT NEWS SHIPBLDG COM 652228107 13812 383022 SOLE 363322 0 19700
NIAGARA MOHAWK HLDGS INC COM 653520106 7322 523000 SOLE 523000 0 0
NICOR INC COM 654086107 5066 149000 SOLE 149000 0 0
NOBLE AFFILIATES INC COM 654894104 26717 680700 SOLE 680700 0 0
NORDSTROM INC COM 655664100 6473 269050 SOLE 269050 0 0
NORTHRIM BANK ALASKA COM 666764105 316 44690 SOLE 34690 0 10000
NORTHROP GRUMMAN CORP COM 666807102 21822 328150 SOLE 328150 0 0
NUEVO ENERGY COMPANY COM 670509108 5929 317232 SOLE 292032 0 25200
OCEAN ENERGY INC TEXAS COM 67481E106 17041 1150621 SOLE 1091741 0 58880
OCEANEERING INTL INC COM 675232102 14103 705154 SOLE 646654 0 58500
OFFICEMAX INC COM 67622M108 2602 541000 SOLE 541000 0 0
OFFSHORE LOGISTICS INC COM 676255102 2816 195858 SOLE 180058 0 15800
OLIN CORP COM 680665205 2359 146258 SOLE 133058 0 13200
OSHKOSH B GOSH INC CL A COM 688222207 2312 124953 SOLE 122553 0 2400
PACIFICARE HTLH SYS CHG COM 695112201 15984 258300 SOLE 258300 0 0
PANGEA GOLDFIELDS INC F COM 69840R109 40 10000 SOLE 0 0 10000
PARADIGM GEOPHYSCAL LTDF COM 69900J104 105 17500 SOLE 12500 0 5000
PARADYNE NETWORKS INC COM 69911G107 1821 58500 SOLE 55100 0 3400
PENNEY J C CO INC COM 708160106 7141 393875 SOLE 391150 0 2725
PENNZOIL-QUAKER ST CO COM 709323109 2283 196300 SOLE 193500 0 2800
PENTAIR INC COM 709631105 1076 30000 SOLE 29400 0 600
PETROLEUM GEO-SERVICES F COM 716597109 3140 184722 SOLE 176022 0 8700
PIONEER NATL RES CO COM 723787107 18536 1528133 SOLE 1498433 0 29700
PLACER DOME INC COM 725906101 7326 786900 SOLE 743400 0 43500
POTASH CORP COM 73755L107 8995 162804 SOLE 154314 0 8490
PRECISION DRILLING CRP COM 74022D100 2232 57984 SOLE 50984 0 7000
PRIDE INTL INC COM 741932107 2308 100854 SOLE 96054 0 4800
PROSPERITY BANCSHS INC COM 743606105 164 10000 SOLE 10000 0 0
PROVIDENCE ENERGY CORP COM 743743106 796 19000 SOLE 2000 0 17000
PUGET SOUND ENERGY INC COM 745332106 4635 206000 SOLE 206000 0 0
PURCHASEPRO COM INC COM 746144104 2582 59100 SOLE 55500 0 3600
QUAKER OATS CO COM 747402105 4438 58630 SOLE 56320 0 2310
QUESTAR CORP COM 748356102 4992 252000 SOLE 252000 0 0
QUORUM HEALTH GROUP INC COM 749084109 3667 359900 SOLE 340900 0 19000
RAYTHEON CO CL B COM 755111408 10650 518000 SOLE 511600 0 6400
RAZORFISH INC CL A COM 755236106 240 14764 SOLE 14366 0 398
READERS DIGEST ASSN INC COM 755267101 21295 520157 SOLE 496352 0 23805
RENAISSANCERE HLDGS LTDE COM G7496G103 1481 33900 SOLE 32700 0 1200
RESEARCH IN MOTION LTD COM 760975102 1260 32400 SOLE 31400 0 1000
RHYTHMS NETCONNECTIONS COM 762430205 306 24500 SOLE 23300 0 1200
ROBERDS INC COM 770292100 0 28000 SOLE 28000 0 0
ROSS SYSTEMS INC COM 778303107 48 36500 SOLE 0 0 36500
ROWAN COMPANIES INC COM 779382100 2772 88874 SOLE 77274 0 11600
RPM INCORPORATED OHIO COM 749685103 6614 674200 SOLE 665000 0 9200
SAFECO CORP COM 786429100 8366 409300 SOLE 409300 0 0
SANTA FE INTL CORP COM G7805C108 2868 82664 SOLE 73964 0 8700
SANTA FE SNYDER CORP COM 80218K105 10358 871881 SOLE 791976 0 79905
SAP AKTIENGESELLSCHAFT F COM 803054204 3961 83840 SOLE 79200 0 4640
SARA LEE CORP COM 803111103 10607 565700 SOLE 565450 0 250
SCANA CORP NEW COM 80589M102 4274 170945 SOLE 170883 0 62
SCC COMMUNICATIONS CORP COM 78388X105 236 35000 SOLE 35000 0 0
SCHLUMBERGER LTD COM 806857108 12662 171250 SOLE 169400 0 1850
SCHOLASTIC CORP COM 807066105 8208 135110 SOLE 129040 0 6070
SEAGATE TECHNOLOGY INC COM 811804103 3284 62190 SOLE 59430 0 2760
SELECTICA INC DEL COM 816288104 599 7400 SOLE 6900 0 500
SEMPRA ENERGY COM 816851109 5118 294500 SOLE 294500 0 0
SENSORMATIC ELCTNCS CORP COM 817265101 2209 138600 SOLE 133900 0 4700
SIERRA HEALTH SVCS INC COM 826322109 5427 1550500 SOLE 1550500 0 0
SONOCO PRODUCTS CO COM 835495102 742 35000 SOLE 35000 0 0
SPORTS AUTHORITY INC COM 849176102 447 297690 SOLE 266790 0 30900
ST JUDE MEDICAL INC COM 790849103 5526 125410 SOLE 120680 0 4730
ST PAUL COMPANIES INC COM 792860108 25263 694414 SOLE 691564 0 2850
STANLEY WORKS COM 854616109 1380 57490 SOLE 55790 0 1700
STATIA TERMINALS GRP NVF COM N82345104 130 20000 SOLE 10000 0 10000
STERLING BANCSHARES INC COM 858907108 638 58000 SOLE 48000 0 10000
STOLT OFFSHORE S A ORD F COM L8873E103 999 72000 SOLE 54000 0 18000
STORAGE USA INC COM 861907103 1280 41800 SOLE 40500 0 1300
SYBRON INTL CORP COM 87114F106 2157 111300 SOLE 108300 0 3000
TANNING TECH CORP COM 87588P101 2143 116600 SOLE 110400 0 6200
TASTY BAKING CO COM 876553306 2108 168627 SOLE 153802 0 14825
TECK CORP CL B F COM 878742204 1303 189180 SOLE 186680 0 2500
TECO ENERGY INC COM 872375100 11535 552430 SOLE 552300 0 130
TEKTRONIX INCORPORATED COM 879131100 6321 90306 SOLE 84806 0 5500
TELEDYNE TECH INC COM 879360105 4732 248271 SOLE 245300 0 2971
TEXACO INCORPORATED COM 881694103 4145 77030 SOLE 74080 0 2950
TEXAS INDUSTRIES INC COM 882491103 367 12253 SOLE 12253 0 0
TIDEWATER INC COM 886423102 2172 58400 SOLE 54125 0 4275
TORCHMARK CORP COM 891027104 11548 448450 SOLE 448300 0 150
TOTAL RENAL CARE HLDGS COM 89151A107 228 40000 SOLE 40000 0 0
TOYS "R" US INC COM 892335100 2531 165980 SOLE 158620 0 7360
TRANS WORLD ENTERTAINMNT COM 89336Q100 3975 338337 SOLE 326437 0 11900
TRANSATLANTIC HLDGS INC COM 893521104 4590 53800 SOLE 53800 0 0
TRANSOCEAN OFFSHORE COM 893817106 1796 34700 SOLE 32700 0 2000
TRANSOCEAN SEDCO FOREX F COM G90078109 3574 69072 SOLE 68062 0 1010
TRANSPORT CORP AMERICA COM 89385P102 641 91553 SOLE 71653 0 19900
TRICO MARINE SVCS INC COM 896106101 733 58000 SOLE 58000 0 0
TYCO TOYS INC COM 902128107 322 23000 SOLE 23000 0 0
TYSON FOODS INC CL A COM 902494103 8887 980960 SOLE 980750 0 210
U S X-US STEEL GROUP COM 90337T101 5071 261660 SOLE 246830 0 14830
ULTRAMAR DIAMOND SHAMRCK COM 904000106 3644 141185 SOLE 134795 0 6390
UNIFI INC COM 904677101 7754 602000 SOLE 602000 0 0
UNION PAC RES GRP INC COM 907834105 1932 84000 SOLE 84000 0 0
UNITED HEALTHCARE COR COM 910581107 23980 278840 SOLE 278405 0 435
UNITED TECHNOLOGIES CORP COM 913017109 5232 96000 SOLE 92030 0 3970
UNIVERSAL FOODS CORP COM 913538104 2811 143700 SOLE 143700 0 0
UNUM CORP COM 903192102 22980 1155950 SOLE 1155950 0 0
UNUMPROVIDENT CORP COM 91529Y106 1300 65400 SOLE 65000 0 400
US AIRWAYS GROUP INC COM 911905107 1546 38650 SOLE 37040 0 1610
USINTERNETWORKING INC COM 917311805 485 24700 SOLE 23800 0 900
USX-MARATHON GROUP COM 902905827 1228 46250 SOLE 46050 0 200
UTILICORP UNITED INC COM 918005109 9284 459819 SOLE 454687 0 5132
VARCO INTL INC DEL NEW COM 922122106 3017 128039 SOLE 109516 0 18523
VERITAS DGC INC COM 92343P107 7653 299400 SOLE 284200 0 15200
WASH RL EST INV TR SBI COM 939653101 1341 76080 SOLE 70705 0 5375
WASHINGTON GAS LIGHT CO COM 938837101 3594 144436 SOLE 141086 0 3350
WATSON PHARM INC COM 942683103 17491 323900 SOLE 323900 0 0
WESTERN GAS RES INC COM 958259103 4859 213032 SOLE 197032 0 16000
WILLBROS GRP INC COM 969199108 201 30000 SOLE 2000 0 28000
WRIGLEY WM JR CO COM 982526105 2879 37000 SOLE 37000 0 0
XILINX INC COM 983919101 245 3000 SOLE 3000 0 0
XL CAPITAL LTD SHS A COM G98255105 18457 339400 SOLE 339400 0 0
YORK INTL CORP NEW COM 986670107 3726 141610 SOLE 135240 0 6370
ZIFF-DAVIS INC ZD COM 989511100 1464 163770 SOLE 156650 0 7120
ZIFF-DAVIS INC ZDNET COM 989511209 783 87000 SOLE 84800 0 2200
ZOLL MED CORP COM 989922109 281 5800 SOLE 500 0 5300
</TABLE>