Cook Mayer Taylor
December 31, 1998
Item 1: Item 2 Item 3: Item 4: Item 5: Item 6: Item 8:
Name of Issuer Title Of CUSIP Fair Market Shares of Investment Voting
Class Number Value Principal Discretion Authority
Amount Sole Sole
Allen Telecom Inc. COM 018091108 2,953,534 441,650 X 441,650
American Bankers Insurance Group COM 024456105 3,752,691 77,575 X 77,575
American Express COM 025816109 5,880,938 57,375 X 57,375
Arrow Electronics Inc. COM 042735100 1,123,544 42,100 X 42,100
Black & Decker COM 091797100 6,434,573 114,775 X 114,77
Boeing Co. COM 097023105 4,003,805 122,722 X 122,722
Cascade Corp. COM 147195101 3,516,700 222,400 X 222,400
Citigroup Inc. COM 173034109 5,963 120 X 120
Claire's Stores COM 179584107 7,617,800 371,600 X 371,600
Engelhard Corp. COM 292845104 2,410,883 123,635 X 123,635
Equity Inns COM 294703103 52,938 5,500 X 5,500
Federal Home Loan COM 313400301 6,622,564 102,775 X 102,775
Fingerhut Companies COM 317867109 1,204,125 78,000 X 78,000
Honeywell Inc. COM 438506107 6,410,977 85,125 X 85,125
IDEX Corp. COM 45167R104 1,111,075 45,350 X 45,350
JSB Financial COM 46624M100 1,234,313 22,700 X 22,700
M & T Bank Corporation COM 55261F104 6,051,330 11,661 X 11,661
Mark IV COM 570387100 3,823,157 294,089 X 294,089
Midway Games COM 598148104 4,360,697 396,427 X 396,427
Monsanto Co. COM 611662107 3,405,750 71,700 X 71,700
Ogden Corp. COM 676346109 1,117,788 44,600 X 44,600
Pier 1 Imports COM 720279108 4,394,337 453,609 X 453,609
Rollins, Inc. COM 775711104 1,069,250 61,100 X 61,100
Saks Inc. COM 79377W108 6,313 200 X 200
Santa Fe Energy Resources COM 802012104 3,291,138 453,950 X 453,950
Templeton Dragon Fund COM 88018T10 10,325 1,400 X 1,400
Thomas & Betts Corp. COM 88431510 8,663 200 X 200
United Technologies COM 913017109 6,707,156 61,675 X 61,675
WMS Industries COM 929297109 3,611,906 489,750 X 489,750
Equity Inns Pfd. A PREF 294703202 50,025 2,300 X 2,300
Prison Realty Trust Pfd. A PREF 12486R207 40,250 2,000 X 2,000
RJR Nabisco 10% Trust Pfd Secs PREF 74961M20 125,625 5,000 X 5,000
Column Total 92,410,133
