UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999__
Check here if Amendment [X]; Amendment Number: 01__
This Amendment (Check only one.): [X] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Jemmco Investment Management LLC____________
Address: 111 Broadway, 7th Floor______________
________New York, N.Y. 10006__________________________________
__________________________________________
Form 13F File Number: 28-7696______
The institutional investment manager filing this report and the
person by whom it is signed hereby represent 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:
Name: __David Muschel_____
Title: __Manager______________
Phone: __(212)433-7624________
Signature, Place, and Date of Signing:
David Muschel, New York, N.Y. October 8, 1999_____ __________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-____________ _______________________________
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: ____0_________
Form 13F Information Table Entry Total: __417____
Form 13F Information Table Value Total: $ 200,703_
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
____ 28-_______NONE_________________
[Repeat as necessary.]
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<C> <C>
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF ISSUER TITLE OF CLASS CUSIP MARKET AMOUNT OF INVESTMENT MANAGERS VOTING
NUMBER VALUE SECURITY DISCRETION AUTHORITY
(000) (SHARES) (A) (A)
A.G. EDWARDS INC 281760108 157 4800 SOLE SOLE
ABBOTT LABS 2824100 1770 37800 SOLE SOLE
ACNIELSEN CORP 4833109 203 7500 SOLE SOLE
ADAC LABORATORIES NEW 5313200 144 10600 SOLE SOLE
AETNA INC. 8117103 598 7200 SOLE SOLE
AFFYMETRIX INC 00826T108 76 2200 SOLE SOLE
AIRBORNE FREIGHT CORP 9266107 436 14000 SOLE SOLE
AK STEEL HOLDING CORP 1547108 503 22300 SOLE SOLE
ALBERTO CULVER CO 13068101 147 6300 SOLE SOLE
ALBERTSONS INC 13104104 1130 20800 SOLE SOLE
ALCOA INC 13817101 82 2000 SOLE SOLE
ALLEGHENY TELEDYNE INC 17415100 144 7600 SOLE SOLE
ALLIANCE CAPITAL MGMT LP UT 18548107 185 7300 SOLE SOLE
ALLSTATE CORPORATION (THE) 20002101 2253 60800 SOLE SOLE
ALZA CORP CLASS A 22615108 1442 37700 SOLE SOLE
AMBAC FINANCIAL GROUP INC 23139108 1080 20000 SOLE SOLE
AMERADA HESS CORP 23551104 1962 39000 SOLE SOLE
AMERICA ONLINE INC (DEL) 02364J104 292 2000 SOLE SOLE
AMERICA WEST HOLDINGS 23657208 170 8900 SOLE SOLE
AMERICAN FIN'L GROUP INC 25932104 134 3800 SOLE SOLE
AMERICAN STORES-NEW 30096101 145 4400 SOLE SOLE
AMERICREDIT CORP 03060R101 189 14400 SOLE SOLE
AMERITECH CORP 30954101 660 11400 SOLE SOLE
AMEX S & P DEPOSITARY RECEIPTS 78462F103 7020 54700 SOLE SOLE
AMSOUTH BANCORP 32165102 728 16000 SOLE SOLE
ANNTAYLOR HLDGS INC 36115103 194 4400 SOLE SOLE
APPLEBY'S INTERNATIONAL INC 37899101 201 8100 SOLE SOLE
APPLIED MATERIALS INC 38222105 173 2800 SOLE SOLE
ARMSTRONG WORLD INDS. 42476101 221 4900 SOLE SOLE
ARROW ELECTRS INC 42735100 224 14900 SOLE SOLE
ARVIN INDS INC 43339100 158 4700 SOLE SOLE
ASARCO INCORPORATED 43413103 89 6500 SOLE SOLE
ASHLAND INC. 44204105 827 20200 SOLE SOLE
AT & T CORPORATION 1957109 495 6200 SOLE SOLE
AUTOZONE INC 53332102 1118 36800 SOLE SOLE
AVNET INC 53807103 333 9100 SOLE SOLE
BALL CORPORATION 58498106 169 3600 SOLE SOLE
BANK NEW YORK INC 64057102 158 4400 SOLE SOLE
BANK UNITED CORP 65412108 20 500 SOLE SOLE
BANTA CORP 66821109 36 1900 SOLE SOLE
BARD C R INC 67383109 736 14600 SOLE SOLE
BARRICK GOLD CORP 67901108 145 8500 SOLE SOLE
BAXTER INTERNATIONAL INC 71813109 2013 30500 SOLE SOLE
BEAR STEARNS COS INC 73902108 156 3500 SOLE SOLE
BELL ATLANTIC CORP 77853109 155 3000 SOLE SOLE
BELL SOUTH CORP 79860102 2740 68400 SOLE SOLE
BERGEN BRUNSWIG CORP 83739102 168 8400 SOLE SOLE
BESTFOODS 08658U101 141 3000 SOLE SOLE
BLYTH INDUSTRIES INC 09643P108 154 6500 SOLE SOLE
BOB EVANS FARMS COM 96761101 116 5800 SOLE SOLE
BOMBAY CO INC.(THE) 97924104 30 7400 SOLE SOLE
BORDERS GROUP INC 99709107 388 27600 SOLE SOLE
BORG WARNER AUTOMOTIVE INC 99724106 325 6800 SOLE SOLE
BOWATER INC 102183100 927 23400 SOLE SOLE
BRIGGS & STRATTON CORP 109043109 173 3500 SOLE SOLE
BRINKER INTERNATIONAL INC 109641100 160 6200 SOLE SOLE
BRITISH TEL PLC ADR FINAL 111021408 148 900 SOLE SOLE
BROWN (TOM) INC (NEW) 115660201 32 2700 SOLE SOLE
BROWN GROUP INC 115657108 157 11900 SOLE SOLE
BRUNSWICK CORP 117043109 153 8000 SOLE SOLE
BURLINGTON COAT FACTORY WHSE 121579106 140 11900 SOLE SOLE
BURLINGTON RES INC 122014103 88 2200 SOLE SOLE
CADENCE DESIGN SYSTEM INC 127387108 170 6600 SOLE SOLE
CAMPBELL SOUP CO 134429109 65 1600 SOLE SOLE
CANADIAN OCCIDENTAL PETE LTD 136420106 27 2200 SOLE SOLE
CARAUSTER INDUSTRIES INC 140909102 183 8000 SOLE SOLE
CARDINAL HEALTH INC 14149Y108 3373 51100 SOLE SOLE
CEDAR FAIR LP DEP RECREP UTS 150185106 25 1000 SOLE SOLE
CENTERPOINT PROPERTIES TRUST 151895109 44 1400 SOLE SOLE
CENTEX CORP 152312104 160 4800 SOLE SOLE
CENTOCOR INC 152342101 399 10800 SOLE SOLE
CENTRAL & SOUTH WEST CORP 152357109 150 6400 SOLE SOLE
CHARTER ONE FINANCIAL INC 160903100 187 6500 SOLE SOLE
CHASE MANHATTAN CORP 16161A108 179 2200 SOLE SOLE
CHECKPOINT SYSTEMS INC COM 162825103 103 12400 SOLE SOLE
CHESAPEAKE CORP 165159104 426 15700 SOLE SOLE
CHEVRON CORP 166751107 973 11000 SOLE SOLE
CHIQUITA BRAND INTL 170032106 145 14200 SOLE SOLE
CHRONIMED INC 171164106 16 2700 SOLE SOLE
CITY NATIONAL CORP 178566105 321 10400 SOLE SOLE
CLAYTON HOMES INC 184190106 92 8300 SOLE SOLE
CLOROX CO 189054109 2145 18300 SOLE SOLE
CMP GROUP INC 125887109 147 8000 SOLE SOLE
COACHMEN INDS INC 189873102 135 6600 SOLE SOLE
COASTAL CORP 190441105 799 24200 SOLE SOLE
COCA COLA CO 191216100 743 12100 SOLE SOLE
COLUMBIA ENERGY GROUP 197648108 308 5900 SOLE SOLE
COMAIR HOLDINGS INC 199789108 953 40350 SOLE SOLE
COMCAST CORP SPEC CL A 200300200 1429 22700 SOLE SOLE
COMERICA INC 200340107 1636 26200 SOLE SOLE
COMPAQ COMPUTER CORP 204493100 162 5100 SOLE SOLE
COMPUSA INC 204932107 18 2600 SOLE SOLE
COMPUTER ASSOCIATES INTL INC 204912109 153 4300 SOLE SOLE
COMPUTER SCIENCES CORP 205363104 177 3200 SOLE SOLE
COMPUTER TASK GROUP INC 205477102 141 6600 SOLE SOLE
CONAGRA INC COM 205887102 1841 72000 SOLE SOLE
CONCEPTS DIRECT INC 206013104 9 1000 SOLE SOLE
CONTINENTAL AIRLINES INC CL-B 210795308 186 4900 SOLE SOLE
COOPER TIRE & RUBR CO 216831107 151 8200 SOLE SOLE
CORDANT TECHNOLOGIES INC 218412104 195 4900 SOLE SOLE
COUNTRYWIDE CR INDS 222372104 784 20900 SOLE SOLE
CRANE CO DEL 224399105 561 23200 SOLE SOLE
CROMPTON & KNOWLES CORP 227111101 425 27000 SOLE SOLE
CROWN CORK & SEAL INC 228255105 109 3800 SOLE SOLE
CUMMINS ENGINE INC 231021106 153 4300 SOLE SOLE
CVS CORP (DELAWARE) 126650100 3415 71900 SOLE SOLE
DARDEN RESTAURANTS INC 237194105 210 10200 SOLE SOLE
DATA GENERAL CORP 237688106 105 10400 SOLE SOLE
DELUXE CORP 248019101 146 5000 SOLE SOLE
DENTSPLY INT'L INC NEW 249030107 70 3000 SOLE SOLE
DEVON ENERGY CORP 251799102 168 6100 SOLE SOLE
DEXTER CORP 252165105 161 5100 SOLE SOLE
DIAMOND OFFSHORE DRILLING INC 25271C102 41 1300 SOLE SOLE
DIEBOLD INC 253651103 149 6200 SOLE SOLE
DIME BANCORP INC (NEW) 25429Q102 974 42000 SOLE SOLE
DOMINION RESOURCES INC 257470104 148 4000 SOLE SOLE
DONNELLEY R R & SONS CO 257867101 151 4700 SOLE SOLE
DOW CHEM CO 260543103 1510 16200 SOLE SOLE
DRESS BARN INC 261570105 61 4400 SOLE SOLE
DT INDUSTRIES INC 23333J108 11 1600 SOLE SOLE
DTE ENERGY CO (HOLDING CO) 233331107 154 4000 SOLE SOLE
EASTMAN KODAK CO 277461109 153 2400 SOLE SOLE
EDISON INTERNATIONAL 281020107 140 6300 SOLE SOLE
EG & G INC 268457108 140 5300 SOLE SOLE
EL PASO ENERGY CORP 283905107 1778 54400 SOLE SOLE
ELAN CORPORATION PLC 284131208 2420 34700 SOLE SOLE
EMERSON ELEC CO 291011104 2319 43800 SOLE SOLE
ENGELHARD CORP 292845104 227 13400 SOLE SOLE
ENRON OIL & GAS CO 293562104 211 12700 SOLE SOLE
ENTERGY CORP NEW 29364G103 8 300 SOLE SOLE
EQUITABLE COS INC 29444G107 2702 38600 SOLE SOLE
EVEREST REINSURANCE HLDGS INC 299808105 1375 44100 SOLE SOLE
EXXON CORP 302290101 2971 42100 SOLE SOLE
FEDERAL MOGUL CORP 313549107 120 2800 SOLE SOLE
FEDERAL SIGNAL CORP 313855108 154 7400 SOLE SOLE
FEDERATED DEPT STORES INC NEW 31410H101 1332 33200 SOLE SOLE
FINOVA GROUP INC 317928109 316 6100 SOLE SOLE
FIRST AMERICAN CORP (TENN) 318900107 144 3900 SOLE SOLE
FIRST DATA CORPORATION 319963104 107 2500 SOLE SOLE
FIRST SECURITY CORP DEL 336294103 191 9900 SOLE SOLE
FIRST VIRGINIA BANKS INC 337477103 82 1800 SOLE SOLE
FIRST WASHINGTON BANCORP INC 33748T104 14 700 SOLE SOLE
FLEET FINANCIAL GROUP INC (NEW 338915101 2807 74600 SOLE SOLE
FLEETWOOD ENTERPRISES INC 339099103 103 3600 SOLE SOLE
FMC CORP NEW 302491303 133 2700 SOLE SOLE
FOODMAKER INC 344839204 303 11900 SOLE SOLE
FORD MTR CO DEL 345370100 346 6100 SOLE SOLE
FOSTER WHEELER CORP 350244109 115 9500 SOLE SOLE
FPL GROUP INC 302571104 160 3000 SOLE SOLE
FRANKLIN RES INC 354613101 419 14900 SOLE SOLE
FREEMONT GENERAL CORP 357288109 63 3300 SOLE SOLE
FRUIT OF THE LOOM LTD CL-A ORD G3682L105 241 23200 SOLE SOLE
FURNITURE BRANDS INT'L INC 360921100 157 7100 SOLE SOLE
GATEWAY 2000 INC 367833100 192 2800 SOLE SOLE
GELTEX PHARMACEUTICALS INC 368538104 137 9800 SOLE SOLE
GENCORP INC 368682100 126 7000 SOLE SOLE
GENENTECH INC (NEW) 368710307 213 2400 SOLE SOLE
GENERAL MLS INC 370334104 15 200 SOLE SOLE
GENUINE PARTS CO 372460105 836 29000 SOLE SOLE
GEON COMPANY (THE) 37246W105 152 6700 SOLE SOLE
GILEAD SCIENCE 375558103 168 3700 SOLE SOLE
GLOBAL DIRECTMAIL CORP. 379321102 188 11200 SOLE SOLE
GOLDEN WEST FINL CORP DEL 381317106 210 2200 SOLE SOLE
GOODYEAR TIRE & RUBBER CO 382550101 658 13200 SOLE SOLE
GRACE W.R. & CO NEW 38388F108 121 10000 SOLE SOLE
GREAT LAKES CHEM CORP 390568103 81 2200 SOLE SOLE
GTE CORP 362320103 950 15700 SOLE SOLE
GTECH HOLDINGS CORP 400518106 171 7000 SOLE SOLE
GUIDANT CORPORATION IPO 401698105 48 800 SOLE SOLE
GULFSTREAM AEROSPACE CORP 402734107 560 12900 SOLE SOLE
HAEMONETICS CORP 405024100 213 13600 SOLE SOLE
HALLIBURTON CO 406216101 150 3900 SOLE SOLE
HARNISCHFEGER IND HOLD 413345109 36 6400 SOLE SOLE
HARSCO CORP 415864107 76 3000 SOLE SOLE
HCC INSURANCE HOLDINGS INC 404132102 169 8800 SOLE SOLE
HCR MANOR CARE INC 404134108 23 1000 SOLE SOLE
HEALTHSOUTH CORPORATION 421924101 129 12400 SOLE SOLE
HEINZ H J CO 423074103 2895 61100 SOLE SOLE
HELMERICH & PAYNE INC 423452101 200 8800 SOLE SOLE
HERCULES INC 427056106 295 11700 SOLE SOLE
HERSHEY FOODS CORP 427866108 398 7100 SOLE SOLE
HEWLETT PACKARD CO 428236103 1349 19900 SOLE SOLE
HIBERNIA CORP CLASS-A 428656102 878 66900 SOLE SOLE
HIGHLANDS INSURANCE GROUP INC 431032101 148 14000 SOLE SOLE
HILTON HOTELS CORP 432848109 941 66900 SOLE SOLE
HOLLINGER INT'L INC CL A 435569108 138 10200 SOLE SOLE
HOLLYWOOD ENTERTAINMENT CORP 436141105 143 7700 SOLE SOLE
HOME DEPOT INC 437076102 996 16000 SOLE SOLE
HORMEL FOODS CORPORATION 440452100 153 4300 SOLE SOLE
HOST MARRIOTT CORP 44107P104 101 9100 SOLE SOLE
HUMANA INC 444859102 573 33200 SOLE SOLE
IBP INC 449223106 117 6300 SOLE SOLE
ICG COMMUNICATION INC 449246107 129 6500 SOLE SOLE
IMATION CORP 45245A107 155 9400 SOLE SOLE
IMC GLOBAL INC 449669100 159 7800 SOLE SOLE
IMPERIAL OIL LTD (NEW) 453038408 29 1500 SOLE SOLE
INCYTE PHARMACEUTICALS INC 45337C102 40 2000 SOLE SOLE
INDYMAC MORTGAGE HOLDINGS INC 456607100 1 100 SOLE SOLE
INGERSOLL RAND CO 456866102 759 15300 SOLE SOLE
INGRAM MICRO INC 457153104 84 3700 SOLE SOLE
INTERIM SERVICES INC 45868P100 359 23900 SOLE SOLE
INTERNATIONAL FLAVORS & 459506101 98 2600 SOLE SOLE
INTERNATIONAL GAME TECHNOLOGY 459902102 96 6600 SOLE SOLE
INTERPUBLIC GROUP COS INC 460690100 366 4700 SOLE SOLE
INT'L SPECIALTY PRODUCTS INC 460337108 34 4500 SOLE SOLE
ITT INDUSTRIES INC(INDIANA) 450911102 421 11900 SOLE SOLE
IVAX CORP 465823102 339 28700 SOLE SOLE
J L G INDUSTRIES INC 466210101 135 9900 SOLE SOLE
JEFFERSON PILOT CORP 475070108 149 2200 SOLE SOLE
JOSTENS INC 481088102 106 5000 SOLE SOLE
K MART CORP 482584109 161 9600 SOLE SOLE
KAUFMAN BROAD HOME CORP 486168107 147 6500 SOLE SOLE
KEANE INC 486665102 111 5200 SOLE SOLE
KELLOGG CO 487836108 473 14000 SOLE SOLE
KENNAMETAL INC 489170100 70 4000 SOLE SOLE
KERR MCGEE CORP 492386107 604 18400 SOLE SOLE
KEYCORP 493267108 2046 67500 SOLE SOLE
KLM ROYAL DUTCH AIRLS 482516101 189 6800 SOLE SOLE
LAFARGE CORP 505862102 238 8500 SOLE SOLE
LAWTER INTERNATIONAL INC 520786104 106 15200 SOLE SOLE
LEGGETT & PLATT INC 524660107 642 32100 SOLE SOLE
LEHMAN BROTHERS HOLDINGS INC 524908100 514 8600 SOLE SOLE
LENNAR CORP 526057104 383 17100 SOLE SOLE
LG & E ENERGY CORP 501917108 121 5800 SOLE SOLE
LIBERTY PROPERTY TRUST 531172104 178 8600 SOLE SOLE
LIGAND PHARMACEUTICALS CL-B 53220K207 58 7100 SOLE SOLE
LILLY ELI & CO 532457108 1782 21000 SOLE SOLE
LINCARE HOLDINGS INC 532791100 292 10400 SOLE SOLE
LIZ CLAIBORNE INC 539320101 303 9300 SOLE SOLE
LOCKHEED MARTIN CORP 539830109 1809 48000 SOLE SOLE
LOEWS CORP 540424108 254 3400 SOLE SOLE
LONGS DRUG STORES INC 543162101 76 2500 SOLE SOLE
LOUISIANA PACIFIC CORPORATION 546347105 151 8100 SOLE SOLE
M B N A CORP 55262L100 575 24100 SOLE SOLE
MAGNA INTL CL A 559222401 80 1400 SOLE SOLE
MALLINCKRODT INC 561232109 165 6200 SOLE SOLE
MANPOWER INC 56418H100 28 1200 SOLE SOLE
MARSH & MCLENNAN COS INC 571748102 460 6200 SOLE SOLE
MAY DEPT STORES CO 577778103 1837 46950 SOLE SOLE
MBIA INC 55262C100 139 2400 SOLE SOLE
MCKESSON HBOC INC 58155Q103 178 2700 SOLE SOLE
MCN ENERGY GROUP INC 55267J100 146 9100 SOLE SOLE
MEDTRONIC INC. 585055106 1234 17200 SOLE SOLE
MEMC ELECTRONIC MATERIALS INC 552715104 73 13300 SOLE SOLE
METHODE ELECTRONICS CL A 591520200 147 13400 SOLE SOLE
METZLER GROUP INC 592903108 1781 57000 SOLE SOLE
MGM GRAND INC 552953101 239 7100 SOLE SOLE
MICRO WAREHOUSE INC 59501B105 264 16400 SOLE SOLE
MICRON TECHNOLOGY CORP 595112103 164 3400 SOLE SOLE
MICROSOFT CORP 594918104 134 1500 SOLE SOLE
MINING CO COM INC 60366T108 260 2900 SOLE SOLE
MINNESOTA MNG & MFG CO 604059105 1832 25900 SOLE SOLE
MONSANTO CO 611662107 92 2000 SOLE SOLE
MOORE CORP LTD 615785102 140 14200 SOLE SOLE
MORGAN STANLEY DEAN WITTER CO 617446448 440 4400 SOLE SOLE
MOTOROLA INC 620076109 183 2500 SOLE SOLE
MURPHY OIL CORP 626717102 17 400 SOLE SOLE
MYLAN LABS INC 628530107 162 5900 SOLE SOLE
NALCO CHEM CO 629853102 29 1100 SOLE SOLE
NASDAQ-100 SHARES 631100104 6498 61700 SOLE SOLE
NATIONAL CITY CORP 635405103 2536 38200 SOLE SOLE
NATIONWIDE HEALTH 638620104 59 3100 SOLE SOLE
NAUTICA ENTERPRISES INC 639089101 275 24300 SOLE SOLE
NAVISTAR INT'L CORP NEW 6.39E+112 189 4700 SOLE SOLE
NEIMAN-MARCUS GROUP INC 640204103 278 12300 SOLE SOLE
NORDSTROM INC 655664100 2657 65000 SOLE SOLE
NORFOLK SOUTHERN CORP 655844108 443 16800 SOLE SOLE
NORTHEAST UTILS 664397106 137 9900 SOLE SOLE
NORTHERN STS PWR CO MINN 665772109 139 6000 SOLE SOLE
NORTHERN TELECOM LTD 665815106 3224 51900 SOLE SOLE
NORTHROP GRUMMAN CORP 666807102 24 400 SOLE SOLE
NORTHWEST AIRLINES CORP 667280101 527 19000 SOLE SOLE
NUCOR CORP 670346105 709 16100 SOLE SOLE
NUEVO ENERGY CO 670509108 16 1200 SOLE SOLE
OAKWOOD HOMES CORP 674098108 48 3400 SOLE SOLE
OCCIDENTAL PETE CORP 674599105 2 100 SOLE SOLE
OCEANEERING INTERNATIONAL INC 675232102 185 12200 SOLE SOLE
OFFICE DEPOT INC 676220106 655 17800 SOLE SOLE
OFFICEMAX INC 67622M108 134 15500 SOLE SOLE
OFFSHORE LOGISTICS 676255102 92 7900 SOLE SOLE
OGDEN CORP 676346109 152 6300 SOLE SOLE
OLD KENT FINANCIAL CORP 679833103 156 3700 SOLE SOLE
OLD REP INTL CORP 680223104 279 15300 SOLE SOLE
OLIN CORP 680665205 293 29100 SOLE SOLE
OMNICARE INC 681904108 412 21600 SOLE SOLE
OREGON STEEL 686079104 98 9400 SOLE SOLE
O'REILLY AUTOMOTIVE INC 686091109 170 3800 SOLE SOLE
ORION CAPITAL CORP 686268103 238 7600 SOLE SOLE
OWENS & MINOR INC 690732102 112 11100 SOLE SOLE
OWENS CORNING 69073F103 146 4600 SOLE SOLE
OWENS-ILLINOIS INC (NEW) 690768403 178 7100 SOLE SOLE
PACCAR INC 693718108 836 20300 SOLE SOLE
PACIFIC CENTURY FINANCIAL CORP 694058108 152 7300 SOLE SOLE
PACIFICARE HEALTH SYSTEMS CL-B 695112201 1126 16500 SOLE SOLE
PAINE WEBBER GROUP INC 695629105 1719 43100 SOLE SOLE
PALL CORP 696429307 255 15400 SOLE SOLE
PARKER HANNIFIN CORP 701094104 17 500 SOLE SOLE
PATHOGENESIS CORP 7.03E+108 193 14500 SOLE SOLE
PAYLESS SHOESOURCE INC 704379106 2055 44200 SOLE SOLE
PENNEY J C INC 708160106 178 4400 SOLE SOLE
PENNZENERGY CO 70931Q109 129 12300 SOLE SOLE
PENNZOIL QUAKER STATE CO 709323109 160 12900 SOLE SOLE
PENTAIR INC 709631105 597 17700 SOLE SOLE
PEP BOYS MANNY MOE & JACK 713278109 6 400 SOLE SOLE
PERKIN ELMER CORP 714041100 767 7900 SOLE SOLE
PERSONNEL GROUP OF AMERICA INC 715338109 40 5600 SOLE SOLE
PETSMART INC 716768106 118 14700 SOLE SOLE
PG & E CORP 69331C108 155 5000 SOLE SOLE
PLACER DOME INC 725906101 142 12700 SOLE SOLE
POLARIS INDUSTRIES INC 731068102 16 500 SOLE SOLE
POLICY MANAGEMNET SYSTEM CORP 731108106 172 5600 SOLE SOLE
POT ASH SASKATCHEWAN 73755L107 112 2100 SOLE SOLE
POTLATCH CORP 737628107 356 10500 SOLE SOLE
PPG INDS INC 693506107 620 12100 SOLE SOLE
PREMARK INTERNATIONAL INK 740459102 178 5400 SOLE SOLE
PRE-PAID LEGAL SERVICE 740065107 461 18800 SOLE SOLE
PRI AUTOMATION INC 69357H106 390 18700 SOLE SOLE
PROMUS HOTEL CP NEW+ 74342P106 131 3600 SOLE SOLE
PROTEIN DESIGN LABS INC 74369L103 35 2300 SOLE SOLE
PSS WORLD MEDICAL 69366A100 284 32700 SOLE SOLE
PUGET SOUND ENERGY CO 745332106 157 6800 SOLE SOLE
QUINTILES TRANSNATIONAL CORP 748767100 829 22100 SOLE SOLE
RAYONIER INC 754907103 280 7000 SOLE SOLE
REGIONS FINANCIAL CORP 758940100 298 8600 SOLE SOLE
RELIANCE GROUP HLDGS INC 759464100 235 31100 SOLE SOLE
RELIASTAR FIN'L 75952U103 486 11400 SOLE SOLE
REYNOLDS & REYNOLDS CO CL A 761695105 175 9200 SOLE SOLE
RIGS NATIONAL CORP WASH DC 766570105 185 10900 SOLE SOLE
RITE AID CORP 767754104 408 16300 SOLE SOLE
RJR NABISCO HOLDINGS CORP NEW 74960K876 278 11100 SOLE SOLE
ROBERT HALF INTL INC 770323103 26 800 SOLE SOLE
ROBERTS PHARMACEUTICAL CORP 770491108 172 8300 SOLE SOLE
ROCKWELL INT'L CORP NEW 773903109 166 3900 SOLE SOLE
ROSS STORES INC 778296103 157 3600 SOLE SOLE
RYERSON TULL INC (NEW) 78375P107 157 10700 SOLE SOLE
SANGSTAT MEDICAL CORP 801003104 27 2200 SOLE SOLE
SBC COMMUNICATIONS INC 78387G103 429 9100 SOLE SOLE
SCHEIN HENRY INC 806407102 104 4100 SOLE SOLE
SCHERING PLOUGH CORP 806605101 4281 77400 SOLE SOLE
SCHLUMBERGER LTD 806857108 1336 22200 SOLE SOLE
SCHULMAN A INC 808194104 241 17800 SOLE SOLE
SCIENTIFIC ATLANTA INC 808655104 136 5000 SOLE SOLE
SEAGATE TECHNOLOGY 811804103 213 7200 SOLE SOLE
SEARS ROEBUCK & CO 812387108 122 2700 SOLE SOLE
SHAW GROUP INC 820280105 159 11400 SOLE SOLE
SHAW INDUSTRIES INC 820286102 418 22600 SOLE SOLE
SHOPKO STORES INC 824911101 149 5000 SOLE SOLE
SMITHKLINE BEECHAM P.L.C. ADR 832378301 1609 22500 SOLE SOLE
SNYDER COMMUNICATIONS 832914105 1121 40200 SOLE SOLE
SOUTHTRUST CORP 844730101 320 8600 SOLE SOLE
SPRING INDUSTRIES INC 851783100 103 3800 SOLE SOLE
SPX CORPORATION 784635104 424 8400 SOLE SOLE
ST JUDE MEDICAL INC 790849103 134 5500 SOLE SOLE
STANLEY WORKS 854616109 154 6000 SOLE SOLE
STERLING COMMERCE INC 859205106 169 5500 SOLE SOLE
STERLING SOFTWARE 859547101 107 4500 SOLE SOLE
STILLWATER MINING CO 86074Q102 169 6400 SOLE SOLE
SUMMIT BANCORP 866005101 27 700 SOLE SOLE
SUNOCO INC 86764P109 440 12200 SOLE SOLE
SUNTRUST BANKS INC 867914103 1426 22900 SOLE SOLE
SUPERIOR INDS INTL INC 868168105 221 9500 SOLE SOLE
SUPERVALU INC 868536103 184 8900 SOLE SOLE
SYMBOL TECHNOLOGIES INC 871508107 14 300 SOLE SOLE
TALBOTS INC 874161102 154 6300 SOLE SOLE
TELEFONICA S.A.ADR 879382208 256 2000 SOLE SOLE
TENET HEALTHCARE CORP 88033G100 369 19500 SOLE SOLE
TEXACO INC 881694103 23 400 SOLE SOLE
TEXAS INSTRS INC 882508104 159 1600 SOLE SOLE
TEXAS UTILS CO 882848104 154 3700 SOLE SOLE
TEXTRON INC 883203101 642 8300 SOLE SOLE
THE GAP INC 364760108 363 5400 SOLE SOLE
THE MCGRAW-HILL CO INC 580645109 1657 30400 SOLE SOLE
THE PHILIP MORRIS COMPANIES 718154107 436 12400 SOLE SOLE
THE WALT DISNEY COMPANY 254687106 538 17300 SOLE SOLE
THERMO ELECTRON CORP 883556102 296 21800 SOLE SOLE
THOMAS & BETTS CORP 884315102 413 11000 SOLE SOLE
TIDEWATER INC 886423102 375 14500 SOLE SOLE
TIMKEN CO 887389104 67 4100 SOLE SOLE
TOMMY HILFIGER CP G8915Z102 737 10700 SOLE SOLE
TRANSMONTAIGNE INC 893934109 12 1000 SOLE SOLE
TRANSOCEAN OFFSHORE INC 893817106 1158 40200 SOLE SOLE
TRAVLERS PROPERTY CASUALTY CRP 893939108 139 3900 SOLE SOLE
TRIBUNE CO 896047107 445 6800 SOLE SOLE
TRITON ENERGY LTD ORD G90751101 124 15700 SOLE SOLE
TUPPERWARE CORP 899896104 155 8600 SOLE SOLE
TYCO INT'L LTD NEW < 902124106 151 2100 SOLE SOLE
ULTRAMR-DIAMOND SHAMROCK CORP 904000106 123 5700 SOLE SOLE
UNICOM CORPORATION 904911104 161 4400 SOLE SOLE
UNILEVER N V 904784501 1641 24700 SOLE SOLE
UNION PACIFIC CORP 907818108 166 3100 SOLE SOLE
UNISYS CORP 909214108 892 32200 SOLE SOLE
UNITED STATES CELLULAR CORP 911684108 220 5000 SOLE SOLE
UNIVERSAL FOODS CORP 913538104 89 4300 SOLE SOLE
UNIVERSAL HEALTH SERVICES CL-B 913903100 247 5700 SOLE SOLE
UNUM CORP 903192102 999 21000 SOLE SOLE
US AIRWAYS GROUP INC 911905107 1162 23800 SOLE SOLE
UST INC 902911106 308 11800 SOLE SOLE
USX-U.S. STEEL GROUP 90337T101 677 28800 SOLE SOLE
UTILICORP UNITED INC 918005109 105 4600 SOLE SOLE
V F CORP 918204108 123 2600 SOLE SOLE
VANGUARD CELLULAR SYS INC CL-A 922022108 476 17500 SOLE SOLE
VERTEX PHARMACEUTICALS INC 92532F100 147 5900 SOLE SOLE
VIACOM INC 925524100 175 2100 SOLE SOLE
VIAD CORP 92552R109 217 7800 SOLE SOLE
WABASH NATL CORP 929566107 94 8100 SOLE SOLE
WACHOVIA CORPORATION 929771103 552 6800 SOLE SOLE
WARNER LAMBERT CO 934488107 3243 49000 SOLE SOLE
WASHINGTON FEDERAL INC. 938824109 317 15100 SOLE SOLE
WESTERN DIGITAL CORP 958102105 98 12300 SOLE SOLE
WESTVACO CORP 961548104 380 18100 SOLE SOLE
WEYERHAEUSER CO 962166104 72 1300 SOLE SOLE
WISCONSIN CENTRAL TRANSPORT CP 976592105 31 2400 SOLE SOLE
XEROX CORP 984121103 3165 59300 SOLE SOLE
XL CAPITAL LTD G98255105 49 800 SOLE SOLE
YELLOW CORP 985509108 149 8600 SOLE SOLE
YORK INTERNATIONAL CORP 986670107 162 4600 SOLE SOLE
ZALE CORP (NEW) 988858106 92 2700 SOLE SOLE
</TABLE>
