UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 13F COVER PAGE
Report for the Calendar or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Pillar Point Capital Management, Incorporated
Address: 901 Mariner's Island Boulevard, Suite 375
San Mateo, California 94440
13F File Number: 028-06122
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 the information contained herein is true, correct and
complete, and that it is understood that all the required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Thomas K. Fraser
Title: Secretary and Legal Counsel
Phone: (925)454-9580
Signature, Place, and Date of Signing:
Thomas K. Fraser Livermore, California May 15, 2000
Report Type (Check only one.):
[X ] 13F Holdings Report
[ ] 13F Notice
[ ] 13F Combination Report
List of Other Managers Reporting for this Manager:
NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 435
Form 13F Information Table Value Total: $316,813
List of Other Included Mangers
No. 13F File Number Name
02 028-05231 Pillar Point Equity Management, LLC
028-06390 California Casualty Management Co.
03 028-05231 Pillar Point Equity Maanagement, LLC
028-06390 California Casualty Management Company
04 028-06122 Pillar Point Capital Management, Inc.
Non-Discretionary Accounts
05 028-05231 Pillar Point Equity Management, LLC
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4FRONT TECHNOLOGIES INC COM COM 351042106 498 24000.00 SH DEFINED 02 05 24000.00
ABBOTT LABS COM COM 002824100 267 7600.00 SH SOLE 7600.00
ACTEL CORP COM COM 004934105 1035 29000.00 SH DEFINED 02 03 05 29000.00
ADAPTEC INC COM COM 00651F108 19 500.00 SH SOLE 500.00
386 10000.00 SH DEFINED 02 10000.00
ADVANCED ENERGY INDS COM COM 007973100 587 11500.00 SH DEFINED 02 03 05 11500.00
ADVANCED FIBRE COMMUNICATION COM 00754A105 439 7000.00 SH DEFINED 02 03 7000.00
ADVENT SOFTWARE INC COM COM 007974108 2294 50000.00 SH DEFINED 02 03 05 50000.00
ADVO INC COM COM 007585102 563 22500.00 SH DEFINED 02 03 05 22500.00
AES CORPORATION COM COM 00130H105 1197 15200.00 SH SOLE 15200.00 15000.00
1315 16700.00 SH DEFINED 02 05 15000.00 1700.00
AETNA INC COM COM 008117103 555 10000.00 SH SOLE 10000.00 10000.00
694 12500.00 SH DEFINED 02 03 05 10000.00 2500.00
AIR PRODS & CHEMS INC COM COM 009158106 594 20900.00 SH SOLE 20900.00 20000.00
697 24500.00 SH DEFINED 02 03 05 20000.00 4500.00
ALCAN ALUMINIUM LTD NEW COM COM 013716105 351 10300.00 SH SOLE 10300.00 10000.00
341 10000.00 SH DEFINED 02 10000.00
ALCOA INC COM 013817101 1265 18000.00 SH SOLE 18000.00 15000.00
1391 19800.00 SH DEFINED 02 03 05 15000.00 4800.00
ALKERMES INC COM COM 01642T108 740 8000.00 SH DEFINED 02 05 8000.00
AMERICAN EXPRESS CO COM COM 025816109 342 2298.00 SH SOLE 2298.00
AMERICAN HOME PRODS CORP COM COM 026609107 755 14052.00 SH SOLE 14052.00
43 800.00 SH OTHER 04 800.00
AMERICAN INTL GROUP INC COM COM 026874107 740 6759.00 SH SOLE 6759.00
362 3308.00 SH DEFINED 03 3308.00
AMERICAN STD COS INC DEL COM COM 029712106 370 10000.00 SH DEFINED 02 10000.00
AMGEN INC COM COM 031162100 491 8000.00 SH SOLE 8000.00 8000.00
491 8000.00 SH DEFINED 02 8000.00
ANADIGICS INC COM 032515108 1416 21450.00 SH DEFINED 02 03 05 21450.00
ANSYS INC COM COM 398 37000.00 SH DEFINED 02 03 05 37000.00
APEX INC COM COM 037548104 446 12000.00 SH DEFINED 02 03 05 12000.00
APPLIED MATLS INC COM COM 038222105 2771 29400.00 SH SOLE 29400.00 20000.00
2451 26000.00 SH DEFINED 02 03 20000.00 6000.00
ARCHER DANIELS MIDLAND CO COM COM 039483102 203 19730.99 SH SOLE 19730.99
48 4620.00 SH DEFINED 05 4620.00
ARTHROCARE CORP COM 043136100 37 400.00 SH SOLE 400.00
1564 17000.00 SH DEFINED 02 03 05 17000.00
ARVIN INDS INC COM COM 043339100 317 14000.00 SH DEFINED 02 05 14000.00
ASPEN TECHNOLOGY INC COM COM 045327103 16 400.00 SH SOLE 400.00
727 18000.00 SH DEFINED 02 03 05 18000.00
ASTORIA FINL CORP COM COM 046265104 341 12000.00 SH DEFINED 02 03 12000.00
AT&T CORP COM COM 001957109 617 10950.00 SH SOLE 10950.00 10500.00
591 10500.00 SH DEFINED 02 10500.00
62 1095.00 SH OTHER 04 1095.00
ATLANTIC RICHFIELD CO COM COM 048825103 614 7222.00 SH SOLE 7222.00
170 2000.00 SH DEFINED 03 2000.00
ATMI INC COM COM 00207R101 573 12000.00 SH DEFINED 02 03 05 12000.00
AUTOLIV INC COM COM 052800109 300 10000.00 SH DEFINED 02 10000.00
AVIRON COM COM 053762100 473 17000.00 SH DEFINED 02 05 17000.00
AXA FINL INC COM COM 002451102 940 26200.00 SH SOLE 26200.00 25000.00
1076 30000.00 SH DEFINED 02 03 25000.00 5000.00
BAKER HUGHES INC COM COM 057224107 218 7200.00 SH SOLE 7200.00
BANC ONE CORP COM COM 06423A103 1024 29675.00 SH SOLE 29675.00 16107.00
713 20666.00 SH DEFINED 02 03 05 16107.00 4559.00
BANK NEW YORK INC COM COM 064057102 214 5160.00 SH SOLE 5160.00
BANKAMERICA CORP COM COM 06605F102 925 17645.00 SH SOLE 17645.00 11316.00
903 17213.00 SH DEFINED 02 03 05 11316.00 5897.00
BASIN EXPLORATION INC COM COM 070107107 359 24000.00 SH DEFINED 02 05 24000.00
BEBE STORES INC COM COM 075571109 141 11200.00 SH DEFINED 02 03 05 11200.00
BERKSHIRE HATHAWAY INC-CL B CO COM 084670207 420 231.00 SH SOLE 231.00
24 13.00 SH DEFINED 03 13.00
BESTFOODS COM COM 08658U101 197 4200.00 SH SOLE 4200.00
56 1200.00 SH OTHER 04 1200.00
BIOGEN INC COM COM 090597105 293 4200.00 SH SOLE 4200.00 4000.00
280 4000.00 SH DEFINED 02 4000.00
BJ SERVICES CO COM COM 055482103 887 12000.00 SH DEFINED 02 03 12000.00
BLACK & DECKER CORP COM COM 091797100 23 600.00 SH SOLE 600.00
526 14000.00 SH DEFINED 02 14000.00
BMC SOFTWARE INC COM COM 055921100 686 13900.00 SH SOLE 13900.00 12000.00
859 17400.00 SH DEFINED 02 03 05 12000.00 5400.00
BOEING CO COM COM 097023105 766 20270.00 SH SOLE 20270.00 14000.00
643 17000.00 SH DEFINED 02 03 14000.00 3000.00
BORG-WARNER AUTOMOTIVE INC COM COM 099724106 12 300.00 SH SOLE 300.00
276 7000.00 SH DEFINED 02 7000.00
BRISTOL MYERS SQUIBB CO COM COM 110122108 896 15440.00 SH SOLE 15440.00
115 1990.00 SH OTHER 04 1990.00
BROADWING INC COM COM 111620100 649 17459.00 SH SOLE 17459.00
BURLINGTON NORTHN SANTA FE CP COM 12189T104 478 21007.00 SH SOLE 21007.00 18600.00
571 25100.00 SH DEFINED 02 03 05 18600.00 6500.00
CANADIAN PAC LTD NEW COM COM 135923100 1025 45800.00 SH SOLE 45800.00 31000.00
1011 45200.00 SH DEFINED 02 03 05 31000.00 14200.00
9 400.00 SH OTHER 04 400.00
CARDINAL HEALTH INC COM COM 14149Y108 775 16900.00 SH SOLE 16900.00 15000.00
826 18000.00 SH DEFINED 02 03 15000.00 3000.00
CATALINA MARKETING CORP COM 148867104 405 4000.00 SH DEFINED 02 4000.00
CDW COMPUTER CENTERS INC COM 125129106 633 7500.00 SH DEFINED 02 03 7500.00
CENTEX CORP COM COM 152312104 298 12500.00 SH DEFINED 02 03 12500.00
CFS BANCORP INC COM COM 12525D102 225 25000.00 SH DEFINED 02 05 25000.00
CHASE MANHATTAN CORP NEW COM COM 16161A108 997 11440.00 SH SOLE 11440.00 10000.00
1133 13000.00 SH DEFINED 02 03 05 10000.00 3000.00
CHEVRON CORPORATION COM COM 166751107 1076 11644.00 SH SOLE 11644.00
324 3504.00 SH OTHER 04 3504.00
CHIRON CORP COM COM 170040109 499 10000.00 SH SOLE 10000.00 10000.00
499 10000.00 SH DEFINED 02 10000.00
CHUBB CORP COM COM 171232101 1574 23300.00 SH SOLE 23300.00 15000.00
1263 18700.00 SH DEFINED 02 03 05 15000.00 3700.00
CIRCUIT CITY STORE INC-CIRCT C COM 172737108 587 9650.00 SH SOLE 9650.00
CISCO SYS INC COM COM 17275R102 2513 32500.00 SH SOLE 32500.00 30000.00
2319 30000.00 SH DEFINED 02 30000.00
CITIGROUP INC COM COM 172967101 2202 36783.00 SH SOLE 36783.00 23748.00
1709 28548.00 SH DEFINED 02 03 05 23748.00 4800.00
12 200.00 SH OTHER 04 200.00
CLAIRE'S STORES INC COM COM 179584107 341 17000.00 SH DEFINED 02 03 17000.00
CLARK/BARDES HOLDINGS INC COM COM 180668105 413 29000.00 SH DEFINED 02 03 05 29000.00
CNF TRANSPORTATION INC COM COM 12612W104 389 14000.00 SH DEFINED 02 03 14000.00
COASTAL CORP COM COM 190441105 1274 27700.00 SH SOLE 27700.00 24000.00
1435 31200.00 SH DEFINED 02 03 05 24000.00 7200.00
COLGATE PALMOLIVE CO COM COM 194162103 383 6800.00 SH SOLE 6800.00
COLUMBIA/HCA HEALTHCARE CORP C COM 197677107 770 30400.00 SH SOLE 30400.00 30000.00
828 32700.00 SH DEFINED 02 05 30000.00 2700.00
COMDISCO INC COM 200336105 838 19000.00 SH DEFINED 02 03 19000.00
COMPAQ COMPUTER CORP COM COM 204493100 1373 50850.00 SH SOLE 50850.00 25000.00
896 33200.00 SH DEFINED 02 03 05 25000.00 8200.00
COMPUWARE CORP COM COM 205638109 672 31900.00 SH SOLE 31900.00 30000.00
689 32700.00 SH DEFINED 02 05 30000.00 2700.00
COMVERSE TECHNOLOGY INC COM COM 205862402 567 3000.00 SH DEFINED 02 3000.00
CONMED CORP COM COM 207410101 439 17500.00 SH DEFINED 02 05 17500.00
CONSTELLATION ENERGY COM COM 210371100 10 300.00 SH SOLE 300.00
383 12000.00 SH DEFINED 02 03 12000.00
CONVERGYS CORP COM 212485106 174 4500.00 SH SOLE 4500.00
967 25000.00 SH DEFINED 02 25000.00
COOPER CAMERON CORP COM COM 216640102 669 10000.00 SH DEFINED 02 10000.00
COPPER MOUNTAIN NETWORKS INC C COM 217510106 590 7200.00 SH DEFINED 02 03 7200.00
CORE LABORATORIES N.V. COM N22717107 523 18000.00 SH DEFINED 02 05 18000.00
CORNING INC COM COM 219350105 1009 5200.00 SH SOLE 5200.00 5000.00
970 5000.00 SH DEFINED 02 5000.00
COSTCO WHOLESALE CORP COM COM 22160Q102 405 7700.00 SH SOLE 7700.00
105 2000.00 SH DEFINED 03 2000.00
CSG SYSTEMS INTL INC COM COM 126349109 391 8000.00 SH DEFINED 02 03 8000.00
CSX CORP COM COM 126408103 430 18300.00 SH SOLE 18300.00 17000.00
439 18700.00 SH DEFINED 02 05 17000.00 1700.00
CYBERSOURCE CORP COM COM 23251j106 257 6900.00 SH DEFINED 02 03 05 6900.00
CYTEC INDS INC COM COM 232820100 429 14000.00 SH DEFINED 02 03 14000.00
DANA CORP COM COM 235811106 6 200.00 SH SOLE 200.00
578 20505.00 SH DEFINED 02 03 05 20505.00
DEERE & CO COM COM 244199105 806 21200.00 SH SOLE 21200.00 14000.00
730 19200.00 SH DEFINED 02 03 05 14000.00 5200.00
50 1326.00 SH OTHER 04 1326.00
DELL COMPUTER CORP COM COM 247025109 1154 21400.00 SH SOLE 21400.00 20000.00
1564 29000.00 SH DEFINED 02 03 20000.00 9000.00
DIAMOND OFFSHORE DRILLING INC COM 25271C102 815 20400.00 SH SOLE 20400.00 16000.00
639 16000.00 SH DEFINED 02 16000.00
DOVER CORP COM COM 260003108 1197 25000.00 SH SOLE 25000.00 25000.00
1197 25000.00 SH DEFINED 02 25000.00
DOW CHEM CO COM COM 260543103 627 5500.00 SH SOLE 5500.00 5000.00
684 6000.00 SH DEFINED 02 03 5000.00 1000.00
DU PONT E I DE NEMOURS & CO CO COM 263534109 138 2615.00 SH SOLE 2615.00
130 2460.00 SH OTHER 04 2460.00
DVI INC COM COM 233343102 420 29500.00 SH DEFINED 02 03 05 29500.00
DYCOM INDUSTRIES INC COM COM 267475101 1389 28500.00 SH DEFINED 02 03 05 28500.00
E M C CORP MASS COM COM 268648102 1928 15300.00 SH SOLE 15300.00 15000.00
2646 21000.00 SH DEFINED 02 03 15000.00 6000.00
EASTMAN KODAK CO COM COM 277461109 468 8625.00 SH SOLE 8625.00 8000.00
570 10500.00 SH DEFINED 02 03 05 8000.00 2500.00
EATON CORP COM COM 278058102 523 6700.00 SH SOLE 6700.00 6500.00
507 6500.00 SH DEFINED 02 6500.00
EDISON INTL COM COM 281020107 91 5500.00 SH SOLE 5500.00
33 2000.00 SH DEFINED 05 2000.00
EFFICIENT NETWORKS INC COM COM 282056100 997 6400.00 SH DEFINED 02 03 6400.00
ELCOR CORP COM COM 284443108 673 19500.00 SH DEFINED 02 05 19500.00
ELECTRO SCIENTIFIC IND COM COM 285229100 626 10800.00 SH DEFINED 02 03 05 10800.00
ENGINEERING ANIMATION INC COM COM 292872108 178 13500.00 SH DEFINED 02 05 13500.00
EVEREST RE GROUP LTD COM g3223r108 489 15000.00 SH DEFINED 02 03 15000.00
EXAR CORP COM COM 300645108 537 7500.00 SH DEFINED 05 7500.00
EXXON MOBIL CORP COM COM 1999 25652.00 SH SOLE 25652.00 10000.00
1063 13640.00 SH DEFINED 02 03 05 10000.00 3640.00
573 7356.00 SH OTHER 04 7356.00
FAIR ISAAC & CO INC COM COM 303250104 36 933.00 SH SOLE 933.00
544 14000.00 SH DEFINED 02 03 05 14000.00
FEDERATED DEPT STORES INC COM 31410H101 1200 28400.00 SH SOLE 28400.00 20000.00
1086 25700.00 SH DEFINED 02 03 05 20000.00 5700.00
8 200.00 SH OTHER 04 200.00
FEDEX CORPORATION COM 31428X106 497 12800.00 SH SOLE 12800.00 12000.00
466 12000.00 SH DEFINED 02 12000.00
FEI CO COM COM 30241l109 765 25500.00 SH DEFINED 02 03 05 25500.00
FIRST DATA CORP COM 319963104 901 20300.00 SH SOLE 20300.00 20000.00
888 20000.00 SH DEFINED 02 20000.00
FIRST SEC CORP DEL COM COM 336294103 7 600.00 SH SOLE 600.00
160 13312.00 SH DEFINED 02 13312.00
FIRST TENN NATL CORP COM COM 337162101 244 12000.00 SH DEFINED 02 12000.00
FIRST UNION CORP COM 337358105 371 9960.00 SH SOLE 9960.00 9960.00
427 11460.00 SH DEFINED 02 05 9960.00 1500.00
FRANKLIN RES INC COM COM 354613101 562 16800.00 SH SOLE 16800.00 16000.00
739 22100.00 SH DEFINED 02 03 05 16000.00 6100.00
FURNITURE BRANDS INTL INC COM 360921100 254 13500.00 SH DEFINED 02 03 13500.00
GALLAGHER (ARTHUR J.) & CO COM COM 363576109 715 22000.00 SH DEFINED 02 05 22000.00
GAP INC DEL COM COM 364760108 2377 47725.00 SH SOLE 47725.00 15000.00
996 20000.00 SH DEFINED 02 03 15000.00 5000.00
GATEWAY 2000 INC COM 367833100 817 15400.00 SH SOLE 15400.00 15000.00
796 15000.00 SH DEFINED 02 15000.00
GENERAL ELEC CO COM COM 369604103 2379 15287.00 SH SOLE 15287.00
249 1600.00 SH OTHER 04 1600.00
GENERAL MTRS CORP COM COM 370442105 480 5795.00 SH SOLE 5795.00 5000.00
414 5000.00 SH DEFINED 02 5000.00
38 464.00 SH OTHER 04 464.00
GENZYME CORP COM GENL DIV COM 372917104 301 6000.00 SH DEFINED 02 6000.00
GEORGIA-PACIFIC GROUP COM COM 373298108 752 19000.00 SH SOLE 19000.00 13000.00
724 18300.00 SH DEFINED 02 03 05 13000.00 5300.00
GILEAD SCIENCES INC COM COM 375558103 380 6000.00 SH DEFINED 02 03 6000.00
GOLDEN WEST FINL CORP DEL COM COM 381317106 304 9750.00 SH SOLE 9750.00
65 2100.00 SH DEFINED 05 2100.00
GOLDMAN SACHS GROUP COM COM 38141G104 789 7500.00 SH SOLE 7500.00 7500.00
947 9000.00 SH DEFINED 02 03 7500.00 1500.00
GREATER BAY BANCORP COM 12 300.00 SH SOLE 300.00
362 9000.00 SH DEFINED 02 03 05 9000.00
GULF ISLAND FABRICATION INC CO COM 402307102 439 30000.00 SH DEFINED 02 03 05 30000.00
HADCO CORP COM COM 404681108 714 11000.00 SH DEFINED 02 05 11000.00
HALLIBURTON CO COM COM 406216101 987 24000.00 SH SOLE 24000.00 20000.00
905 22000.00 SH DEFINED 02 03 20000.00 2000.00
HARBINGER CORP COM COM 41145C103 597 20500.00 SH DEFINED 02 03 05 20500.00
HEALTH MGMT ASSOC INC CL A COM 421933102 306 21500.00 SH DEFINED 02 03 21500.00
HEWLETT PACKARD CO COM COM 428236103 2102 15817.00 SH SOLE 15817.00 9000.00
1528 11500.00 SH DEFINED 02 03 05 9000.00 2500.00
HONEYWELL INC COM COM 438506107 975 18500.00 SH SOLE 18500.00 15000.00
1022 19400.00 SH DEFINED 02 03 05 15000.00 4400.00
HOUSEHOLD INTL INC COM COM 441815107 738 19779.00 SH SOLE 19779.00 17266.00
812 21766.00 SH DEFINED 02 03 05 17266.00 4500.00
HUMAN GENOME SCIENCES INC COM COM 444903108 665 8000.00 SH DEFINED 02 8000.00
INFORMIX CORP COM 456779107 889 52500.00 SH DEFINED 02 05 52500.00
INGERSOLL RAND CO COM COM 456866102 620 14020.00 SH SOLE 14020.00 12000.00
733 16575.00 SH DEFINED 02 03 05 12000.00 4575.00
INHALE THERAPEUTIC SYSTEMS COM COM 457191104 596 8000.00 SH DEFINED 03 05 8000.00
INSIGHT ENTERPRISES INC COM COM 45765U103 683 18750.00 SH DEFINED 02 03 05 18750.00
INTEGRATED DEVICES TECH COM 458118106 32 800.00 SH SOLE 800.00
911 23000.00 SH DEFINED 02 03 23000.00
INTEL CORP COM COM 458140100 3769 28566.00 SH SOLE 28566.00 12000.00
1847 14000.00 SH DEFINED 02 03 12000.00 2000.00
INTER-TEL INC COM COM 458372109 520 19000.00 SH DEFINED 02 05 19000.00
INTERNATIONAL BUSINESS MACH CO COM 459200101 467 3960.00 SH SOLE 3960.00
INTL PAPER CO COM COM 460146103 492 11500.00 SH SOLE 11500.00 9000.00
534 12500.00 SH DEFINED 02 03 9000.00 3500.00
INVESTMENT TECHNOLOGY GROUP CO COM 46145f105 458 13000.00 SH DEFINED 02 05 13000.00
JEFFERIES GROUP INC COM COM 472318104 297 13000.00 SH DEFINED 02 05 13000.00
JOHNSON & JOHNSON COM COM 478160104 253 3600.00 SH SOLE 3600.00
JOHNSON CTLS INC COM COM 478366107 324 6000.00 SH DEFINED 02 03 6000.00
JONES APPAREL GROUP INC COM COM 480074103 19 600.00 SH SOLE 600.00
712 22500.00 SH DEFINED 02 03 22500.00
K MART CORP COM COM 482584109 436 45000.00 SH SOLE 45000.00 45000.00
475 49000.00 SH DEFINED 02 05 45000.00 4000.00
KANSAS CITY SOUTHN IND COM COM 485170104 387 4500.00 SH DEFINED 02 03 4500.00
KELLSTROM INDS INC COM COM 488035106 168 29300.00 SH DEFINED 02 03 05 29300.00
KEYCORP NEW COM COM 493267108 293 15406.00 SH SOLE 15406.00 15000.00
285 15000.00 SH DEFINED 02 15000.00
KIMBERLY CLARK CORP COM COM 494368103 661 11784.00 SH SOLE 11784.00
67 1200.00 SH OTHER 04 1200.00
KNIGHT RIDDER INC COM COM 499040103 769 15000.00 SH SOLE 15000.00 15000.00
923 18000.00 SH DEFINED 02 03 15000.00 3000.00
LAFARGE CORP COM COM 505862102 10 400.00 SH SOLE 400.00
309 13000.00 SH DEFINED 02 03 13000.00
LENNAR CORP COM COM 526057104 325 15000.00 SH DEFINED 02 15000.00
LONE STAR TECHNOLOGIES INC COM COM 542312103 793 17000.00 SH DEFINED 02 05 17000.00
LONGVIEW FIBRE CO COM COM 543213102 295 20000.00 SH DEFINED 02 03 20000.00
LOWES COS INC COM COM 548661107 1185 20300.00 SH SOLE 20300.00 20000.00
1401 24000.00 SH DEFINED 02 03 20000.00 4000.00
MAGNA INTL INC CL A COM 559222401 8 200.00 SH SOLE 200.00
360 9000.00 SH DEFINED 02 03 9000.00
MANHATTAN ASSOCS INC COM COM 562750109 1028 30000.00 SH DEFINED 02 03 05 30000.00
MAPINFO CORP COM COM 565105103 1599 41000.00 SH DEFINED 02 03 05 41000.00
MASCO CORP COM COM 574599106 592 28900.00 SH SOLE 28900.00 25000.00
685 33400.00 SH DEFINED 02 03 05 25000.00 8400.00
MASTEC INC COM COM 576323109 837 9400.00 SH DEFINED 02 03 05 9400.00
MAVERICK TUBE CORP COM COM 577914104 487 15000.00 SH DEFINED 02 05 15000.00
MBIA INC COM COM 55262C100 375 7200.00 SH SOLE 7200.00 7000.00
417 8000.00 SH DEFINED 02 05 7000.00 1000.00
MBNA CORP COM COM 55262L100 873 34250.00 SH SOLE 34250.00 33750.00
1082 42450.00 SH DEFINED 02 03 05 33750.00 8700.00
MCI WORLDCOM INC COM COM 55268B106 680 15000.00 SH SOLE 15000.00 15000.00
680 15000.00 SH DEFINED 02 15000.00
MERRILL LYNCH & CO INC COM COM 590188108 788 7500.00 SH SOLE 7500.00 7500.00
945 9000.00 SH DEFINED 02 03 7500.00 1500.00
MGIC INVT CORP WIS COM COM 552848103 955 21900.00 SH SOLE 21900.00 15000.00
785 18000.00 SH DEFINED 02 03 15000.00 3000.00
MICROSOFT CORP COM COM 594918104 967 9100.00 SH SOLE 9100.00 8000.00
946 8900.00 SH DEFINED 02 03 8000.00 900.00
MOLECULAR DEVICES CORP COM COM 60851C107 1573 20500.00 SH DEFINED 02 05 20500.00
MONTEREY PASTA CO COM COM 612570101 281 66000.00 SH DEFINED 02 03 05 66000.00
MORGAN J P & CO INC COM COM 616880100 422 3200.00 SH SOLE 3200.00 3000.00
395 3000.00 SH DEFINED 02 3000.00
MORGAN KEEGAN INC COM COM 617410105 556 32250.00 SH DEFINED 02 03 05 32250.00
MOTOROLA INC COM COM 620076109 2628 18000.00 SH SOLE 18000.00 10000.00
1533 10500.00 SH DEFINED 02 05 10000.00 500.00
MUELLER INDS INC COM COM 624756102 307 10100.00 SH DEFINED 02 03 10100.00
NCI BUILDING SYS INC COM COM 628852105 433 23000.00 SH DEFINED 02 03 05 23000.00
NEOMAGIC CORP COM COM 640497103 201 40500.00 SH DEFINED 02 03 05 40500.00
NETOPIA INC COM COM 64114k104 576 8000.00 SH DEFINED 02 03 05 8000.00
NETWORK APPLIANCE INC COM COM 64120L104 1655 20000.00 SH SOLE 20000.00 20000.00
1655 20000.00 SH DEFINED 02 20000.00
NETWORK ASSOCIATES INC COM 640938106 314 9750.00 SH DEFINED 02 03 9750.00
NEUROGEN CORP COM COM 64124E106 633 20500.00 SH DEFINED 02 03 05 20500.00
NEW CENTURY FINANCIAL INC COM 64352D101 229 23000.00 SH DEFINED 02 03 05 23000.00
NEWPARK RES INC COM PAR $.01 N COM 651718504 264 33000.00 SH DEFINED 02 05 33000.00
NORTEL NETWORKS CORP COM COM 656569100 2321 18400.00 SH SOLE 18400.00 18000.00
2598 20600.00 SH DEFINED 02 03 18000.00 2600.00
NORTH FORK BANCORP NY COM COM 277 15500.00 SH DEFINED 02 03 15500.00
NOVELLUS SYS INC COM COM 670008101 898 16000.00 SH DEFINED 02 03 16000.00
NUEVO ENERGY CO COM COM 670509108 280 13000.00 SH DEFINED 02 03 13000.00
NVIDIA CORP COM COM 67066g104 1157 13700.00 SH DEFINED 02 03 05 13700.00
ONTRACK DATA INTL INC COM COM 683372106 248 24000.00 SH DEFINED 02 05 24000.00
ORACLE CORP COM COM 68389X105 5441 69700.00 SH SOLE 69700.00 42250.00
4151 53174.00 SH DEFINED 02 03 05 42250.00 10924.00
OSI SYSTEMS INC COM COM 671044105 590 40000.00 SH DEFINED 02 05 40000.00
OXFORD HEALTH PLANS INC COM COM 691471106 3 200.00 SH SOLE 200.00
564 37000.00 SH DEFINED 02 03 05 37000.00
PACCAR INC COM COM 693718108 420 8400.00 SH SOLE 8400.00
PACIFIC CENTURY FINL CORP COM COM 694058108 10 500.00 SH SOLE 500.00
488 24000.00 SH DEFINED 02 03 24000.00
PACIFIC SUNWEAR CALIF INC COM COM 694873100 1121 29125.00 SH DEFINED 02 03 05 29125.00
PACIFICARE HEALTH SYSTEMS COM COM 695112201 424 8500.00 SH DEFINED 02 03 8500.00
PEPSICO INC COM COM 713448108 558 16000.00 SH SOLE 16000.00
PEREGRINE SYSTEMS INC COM COM 71366q101 1449 21600.00 SH DEFINED 02 03 05 21600.00
PHILIP MORRIS COS INC COM COM 718154107 247 11700.00 SH SOLE 11700.00 9000.00
243 11500.00 SH DEFINED 02 05 9000.00 2500.00
PHILLIPS PETE CO COM COM 718507106 1078 23300.00 SH SOLE 23300.00 16000.00
879 19000.00 SH DEFINED 02 03 16000.00 3000.00
PINNACLE SYS INC COM COM 723481107 2328 70000.00 SH DEFINED 02 03 05 70000.00
PNC FINANCIAL SERVICES GROUP COM 693475105 631 14000.00 SH SOLE 14000.00 14000.00
631 14000.00 SH DEFINED 02 14000.00
PORTAL SOFTWARE INC COM COM 736126103 342 6000.00 SH DEFINED 02 03 6000.00
PRAXAIR INC COM COM 74005P104 845 20300.00 SH SOLE 20300.00 20000.00
1041 25000.00 SH DEFINED 02 03 05 20000.00 5000.00
PROCTER & GAMBLE CO COM COM 742718109 203 3600.00 SH SOLE 3600.00
PROTEIN DESIGN LABS INC COM COM 74369L103 239 3000.00 SH DEFINED 05 3000.00
QUADRAMED CORP COM COM 74730W101 115 20000.00 SH DEFINED 02 03 05 20000.00
QUALCOMM INC COM COM 747525103 3987 26700.00 SH SOLE 26700.00 20000.00
4031 27000.00 SH DEFINED 02 03 20000.00 7000.00
QUANEX CORP COM COM 747620102 297 16500.00 SH DEFINED 02 05 16500.00
RADIAN GROUP INC COM COM 750236101 452 9499.00 SH DEFINED 02 05 9499.00
RADIO UNICA COMMUNICTN COM COM 75040q106 177 15000.00 SH DEFINED 02 03 05 15000.00
REMEDY CORP COM 759548100 990 23500.00 SH DEFINED 02 03 05 23500.00
RENAL CARE GROUP INC COM COM 759930100 537 24750.00 SH DEFINED 02 03 05 24750.00
RESOURCE AMERICA INC-CL A COM COM 761195205 225 31000.00 SH DEFINED 02 05 31000.00
RF MICRO DEVICES INC COM 749941100 54 400.00 SH SOLE 400.00
1075 8000.00 SH DEFINED 02 03 8000.00
ROHN INDS INC COM COM 775381106 374 115000.00SH DEFINED 02 03 05 115000.00
ROLLINS TRUCK LEASING CORP COM COM 775741101 375 44500.00 SH DEFINED 02 03 05 44500.00
RUSH ENTERPRISES INC COM COM 781846100 193 28000.00 SH DEFINED 02 03 05 28000.00
SAFEWAY INC CO COM 786514208 923 20400.00 SH SOLE 20400.00 20000.00
1163 25700.00 SH DEFINED 02 03 05 20000.00 5700.00
SAWTEK INC COM COM 805468105 1093 20800.00 SH DEFINED 02 03 05 20800.00
SBC COMMUNICATIONS INC COM COM 78387G103 308 7308.00 SH SOLE 7308.00
146 3473.00 SH OTHER 04 3473.00
SCHLUMBERGER LTD COM COM 806857108 589 7700.00 SH SOLE 7700.00
SCHNITZER STL INDS CL A COM 806882106 298 16500.00 SH DEFINED 02 05 16500.00
SCHWAB CHARLES CORP NEW COM COM 808513105 375 6600.00 SH SOLE 6600.00
SEAGATE TECHNOLOGY COM COM 811804103 858 13900.00 SH SOLE 13900.00 12000.00
1112 18000.00 SH DEFINED 02 03 05 12000.00 6000.00
SEMPRA ENERGY COM COM 816851109 42 2500.00 SH SOLE 2500.00
SENSORMATIC ELECTRS CP COM COM 817265101 516 23000.00 SH DEFINED 02 03 23000.00
SHERWIN WILLIAMS CO COM COM 824348106 29 1300.00 SH SOLE 1300.00
553 25000.00 SH DEFINED 02 25000.00
SNAP-ON INC COM COM 833034101 314 12000.00 SH DEFINED 02 12000.00
SONIC AUTOMOTIVE INC COM COM 83545G102 434 46000.00 SH DEFINED 02 03 05 46000.00
SOUTHTRUST CORP COM COM 844730101 215 8445.00 SH SOLE 8445.00
SOUTHWEST AIRLS CO COM COM 844741108 956 45937.00 SH SOLE 45937.00 37500.00
921 44250.00 SH DEFINED 02 03 37500.00 6750.00
SPANISH BROADCASTING CL A COM 846425882 267 11400.00 SH DEFINED 02 03 05 11400.00
STAPLES INC COM COM 855030102 846 42275.00 SH SOLE 42275.00 35000.00
900 45000.00 SH DEFINED 02 03 05 35000.00 10000.00
STONE ENERGY CORP COM COM 861642106 443 9000.00 SH DEFINED 02 05 9000.00
STRUCTURAL DYNAMICS RESH CORP COM 863555108 284 21000.00 SH DEFINED 02 05 21000.00
SUN MICROSYSTEMS INC COM COM 866810104 3261 34800.00 SH SOLE 34800.00 16000.00
2155 23000.00 SH DEFINED 02 03 16000.00 7000.00
SUPERIOR INDS INTL COM COM 868168105 13 400.00 SH SOLE 400.00
570 18000.00 SH DEFINED 02 03 18000.00
SWIFT ENERGY CO COM COM 870738101 447 25000.00 SH DEFINED 02 03 05 25000.00
SYMANTEC CORP COM COM 871503108 1593 21200.00 SH DEFINED 02 03 21200.00
TECH DATA CORP COM COM 878237106 444 13500.00 SH DEFINED 02 03 13500.00
TEKELEC COM COM 879101103 891 24000.00 SH DEFINED 02 05 24000.00
TENET HEALTHCARE CORP COM COM 88033G100 481 20700.00 SH SOLE 20700.00 20000.00
721 31000.00 SH DEFINED 02 03 05 20000.00 11000.00
TERAYON COMMUNICATION SYS COM COM 880775101 1128 5500.00 SH DEFINED 02 03 05 5500.00
TEXACO INC COM COM 881694103 1029 19143.00 SH SOLE 19143.00 15000.00
914 17000.00 SH DEFINED 02 03 15000.00 2000.00
TEXAS INSTRS INC COM COM 882508104 2032 12700.00 SH SOLE 12700.00 10000.00
1600 10000.00 SH DEFINED 02 10000.00
TIDEWATER INC COM COM 886423102 19 600.00 SH SOLE 600.00
414 13000.00 SH DEFINED 02 03 13000.00
TITAN CORP COM COM 888266103 1224 24000.00 SH DEFINED 02 05 24000.00
TOLLGRADE COMMUNICATIONS INC C COM 889542106 1738 32800.00 SH DEFINED 02 03 05 32800.00
TOMMY HILFIGER CORP COM COM G8915Z102 12 800.00 SH SOLE 800.00
261 18000.00 SH DEFINED 02 03 18000.00
TRANSWITCH COM COM 894065101 1903 19800.00 SH DEFINED 02 03 05 19800.00
TREX COMPANY INC COM 89531P105 666 17400.00 SH DEFINED 02 03 05 17400.00
TRW INC COM COM 872649108 737 12600.00 SH SOLE 12600.00 12000.00
965 16500.00 SH DEFINED 02 03 05 12000.00 4500.00
TYCO INTERNATIONAL LTD COM COM 902124106 321 6410.00 SH SOLE 6410.00
U S XPRESS ENTERPRISES INC CL COM 90338N103 176 20000.00 SH DEFINED 02 20000.00
U. S. PLASTIC LUMBER CO COM 902948108 324 35000.00 SH DEFINED 02 05 35000.00
UCBH HOLDINGS INC COM COM 90262t308 409 19000.00 SH DEFINED 02 03 05 19000.00
UNION PAC CORP COM COM 907818108 595 15200.00 SH SOLE 15200.00 10000.00
567 14500.00 SH DEFINED 02 03 05 10000.00 4500.00
8 200.00 SH OTHER 04 200.00
UNITED TECHNOLOGIES CORP COM COM 913017109 645 10200.00 SH SOLE 10200.00 10000.00
701 11100.00 SH DEFINED 02 05 10000.00 1100.00
UNIVERSAL HLTH SVCS INC CL B COM 913903100 319 6500.00 SH DEFINED 02 03 6500.00
UNOCAL CORP COM COM 915289102 595 20000.00 SH SOLE 20000.00 20000.00
744 25000.00 SH DEFINED 02 03 20000.00 5000.00
US ONCOLOGY COM COM 90338W103 144 32000.00 SH DEFINED 02 05 32000.00
USFREIGHTWAYS CORPORATION COM COM 916906100 599 16000.00 SH DEFINED 02 05 16000.00
USX MARATHON GROUP COM NEW COM 902905827 65 2500.00 SH SOLE 2500.00
175 6700.00 SH DEFINED 03 05 6700.00
VERITAS SOFTWARE CO COM COM 923436109 3856 29437.00 SH SOLE 29437.00 26437.00
4863 37124.00 SH DEFINED 02 03 26437.00 10687.00
WABASH NATIONAL CORP COM COM 929566107 342 24000.00 SH DEFINED 02 03 05 24000.00
WABTEC COM 929740108 168 15840.00 SH DEFINED 02 03 05 15840.00
WASTE MANAGEMENT INC COM COM 94106L109 176 12870.00 SH SOLE 12870.00 12550.00
230 16812.00 SH DEFINED 02 03 05 12550.00 4262.00
WELLS FARGO COMPANY COM 949746101 65 1600.00 SH SOLE 1600.00
82 2000.00 SH DEFINED 05 2000.00
178 4380.00 SH OTHER 04 4380.00
WET SEAL INC -CL A COM 961840105 236 15000.00 SH DEFINED 02 05 15000.00
WEYERHAEUSER CO COM COM 962166104 599 10500.00 SH SOLE 10500.00 10000.00
633 11100.00 SH DEFINED 02 05 10000.00 1100.00
WILLAMETTE INDS INC COM COM 969133107 847 21100.00 SH SOLE 21100.00 20000.00
963 24000.00 SH DEFINED 02 03 20000.00 4000.00
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XILINX INC COM COM 983919101 1159 14000.00 SH SOLE 14000.00 14000.00
1159 14000.00 SH DEFINED 02 14000.00
BP AMOCO PLC - SPONS ADR ADR 055622104 895 16800.00 SH SOLE 16800.00 16000.00
852 16000.00 SH DEFINED 02 16000.00
DAIMLERCHRYSLER AG COM ADR D1668R123 478 7305.00 SH SOLE 7305.00
122 1870.00 SH DEFINED 03 1870.00
ECI TELECOM LTD ORD ADR 268258100 486 15500.00 SH DEFINED 02 03 15500.00
NOKIA CORP SPONSORED ADR ADR 654902204 666 3000.00 SH DEFINED 03 3000.00
ROYAL DUTCH PETE CO NY REG GLD ADR 780257804 624 10800.00 SH SOLE 10800.00 8400.00
601 10400.00 SH DEFINED 02 03 8400.00 2000.00
333 5760.00 SH OTHER 04 5760.00
TELECOM CORP NEW ZEALAND LTD S ADR 879278208 7 200.00 SH SOLE 200.00
367 10000.00 SH DEFINED 02 10000.00
TELEFONOS DE MEXICO S A SP ADR ADR 879403780 1359 20400.00 SH SOLE 20400.00 20000.00
1333 20000.00 SH DEFINED 02 20000.00
VODAFONE GROUP PLC SPONSORED A ADR 92857T107 828 14910.00 SH SOLE 14910.00
278 5000.00 SH DEFINED 03 5000.00
41 730.00 SH OTHER 04 730.00
BAXTER INTERNATIONAL INC RT 071813125 2 10000.00 SH DEFINED 02 10000.00
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