<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
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: High Rock Capital LLC
Address: 28 State Street
18th Floor
Boston, MA 02109
Form 13F File Number: 801-55041
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: Steven C. Wilner
Title: Vice President
Phone: (617) 747-5806
Signature, Place, and Date of Signing:
/s/ Steven C. Wilner
- ----------------------
Boston, Massacusetts
May 17, 1999
High Rock Asset Management LLC is the parent company and sole member of High
Rock Capital LLC. In accordance with 17 CFR 240.13f-1(b), High Rock Asset
Management LLC is deemed to exercise "investment discretion" with respect to
all accounts with which High Rock Capital LLC exercises "investment
discretion".
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:
<PAGE> 2
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 212
Form 13F Information Table Value Total: $730,936
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.
No. 13F File Number Name
01 Not yet assigned High Rock Asset Management LLC
<PAGE> 3
HIGH ROCK CAPITAL LLC
PORTFOLIO APPRAISAL
March 31, 1999
<TABLE>
<CAPTION>
TITLE MARKET DIS-
SECURITY OF CLASS CUSIP VALUE QUANTITY INVESTMENT CRETION MANAGERS VOTING AUTHORITY
Sole Shared Other Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACKERLEY GROUP INC COM 004527107 2710 160,000 160,000 0 0 n/a 144,100 0 15,900
ACTEL CORP COM 004934105 9106 554,000 554,000 0 0 n/a 504,400 0 49,600
ACUSON CORP COM 005113105 336 22,500 22,500 0 0 n/a 22,100 0 400
ACX TECHNOLOGIES INC COM 005123104 5326 405,800 405,800 0 0 n/a 369,700 0 36,100
ADE CORP MASS COM 00089C107 1731 182,200 182,200 0 0 n/a 163,100 0 19,100
ADVEST GROUP INC COM 007566102 3398 183,700 183,700 0 0 n/a 167,200 0 16,500
AIRGAS INC COM 009363102 4905 585,700 585,700 0 0 n/a 534,300 0 51,400
ALBERTO CULVER CO CL A 013068200 7535 354,600 354,600 0 0 n/a 323,100 0 31,500
ALEXANDER AND BALDWIN CO COM 014482103 1187 60,500 60,500 0 0 n/a 55,000 0 5,500
ALLTRISTA CORP COM 020040101 4349 223,017 223,017 0 0 n/a 203,317 0 19,700
ALTERNATIVE RESOURCES CORP COM 02145R102 4192 657,600 657,600 0 0 n/a 618,500 0 39,100
AMCOL INTERNATIONAL CORP COM 02341W103 3913 391,300 391,300 0 0 n/a 345,900 0 45,400
AMERICAN AXLE AND MANUFACTURING COM 024061103 3250 268,000 268,000 0 0 n/a 243,500 0 24,500
AMERICAN ONCOLOGY RESOURCES COM 028910107 1575 175,000 175,000 0 0 n/a 157,500 0 17,500
AMKOR TECHNOLOGY COM 031652100 210 26,700 26,700 0 0 n/a 26,700 0 0
ANSYS INC COM 03662Q105 2800 407,300 407,300 0 0 n/a 366,000 0 41,300
ARCH CHEMICALS INC COM 03937R102 4903 292,700 292,700 0 0 n/a 266,800 0 25,900
ARDENT SOFTWARE INC COM 039794102 3211 199,900 199,900 0 0 n/a 181,400 0 18,500
ARGONAUT GROUP INC COM 040157109 2849 110,900 110,900 0 0 n/a 100,400 0 10,500
ARKANSAS BEST CORP DEL COM 040790107 4017 589,700 589,700 0 0 n/a 534,500 0 55,200
ARMCO INC COM 042170100 2862 644,900 644,900 0 0 n/a 585,700 0 59,200
ARVIN INDS INC COM COM 043339100 7526 223,400 223,400 0 0 n/a 202,500 0 20,900
ASARCO INC COM 043413103 5130 371,400 371,400 0 0 n/a 335,900 0 35,500
ASTORIA FINL CORP COM 046265104 2956 59,116 59,116 0 0 n/a 50,720 0 8,396
AVID TECHNOLOGY INC COM 05367P100 2396 137,400 137,400 0 0 n/a 124,000 0 13,400
AVNET INC COM 053807103 3201 87,100 87,100 0 0 n/a 77,200 0 9,900
AVONDALE INDS INC COM 054350103 4431 150,200 150,200 0 0 n/a 136,400 0 13,800
AVX CORP NEW COM COM 002444107 7704 481,500 481,500 0 0 n/a 437,100 0 44,400
BALLY TOTAL FITNESS HOLDINGS COM 05873K108 9963 417,300 417,300 0 0 n/a 379,400 0 37,900
BAY VIEW CAP CORP DEL COM 07262L101 5159 273,300 273,300 0 0 n/a 249,000 0 24,300
BE AEROSPACE INC COM 073302101 3730 252,900 252,900 0 0 n/a 228,400 0 24,500
BEN & JERRYS HOMEMADE INC CL A 081465106 2758 98,500 98,500 0 0 n/a 93,600 0 4,900
BERKLEY W R CORP COM 084423102 2560 104,500 104,500 0 0 n/a 94,800 0 9,700
BOB EVANS FARMS INC COM 096761101 1214 60,700 60,700 0 0 n/a 55,600 0 5,100
BORG WARNER AUTOMOTIVE INC COM 099724106 1195 25,000 25,000 0 0 n/a 22,300 0 2,700
BORG-WARNER SECURITY CORP COM 099733107 2504 149,500 149,500 0 0 n/a 135,300 0 14,200
BROOKSTONE INC COM 114537103 143 11,300 11,300 0 0 n/a 11,300 0 0
BROOKTROUT TECHNOLOGY INC COM 114580103 1924 183,200 183,200 0 0 n/a 166,100 0 17,100
BROWN GROUP INC COM 115657108 6300 477,700 477,700 0 0 n/a 434,200 0 43,500
BUFFETS INC COM 119882108 2459 249,000 249,000 0 0 n/a 224,500 0 24,500
BURLINGTON COAT FACTORY COM 121579106 4304 366,300 366,300 0 0 n/a 332,900 0 33,400
CADMUS COMMUNICATIONS CORP COM 127587103 230 16,000 16,000 0 0 n/a 16,000 0 0
CANANDAIGUA BRANDS INC CL A 137219200 9420 187,000 187,000 0 0 n/a 167,900 0 19,100
CELADON GROUP INC COM 150838100 93 11,500 11,500 0 0 n/a 11,500 0 0
CENTRAL NEWSPAPERS INC COM 154647101 4146 133,200 133,200 0 0 n/a 122,600 0 10,600
CFS BANCORP INC COM 12525D102 2080 198,100 198,100 0 0 n/a 179,900 0 18,200
CHRIS CRAFT INDUSTRIES INC COM 170520100 4012 87,924 87,924 0 0 n/a 79,783 0 8,141
CLARCOR INC COM 179895107 2012 117,900 117,900 0 0 n/a 111,100 0 6,800
COHERENT INC COM COM 192479103 3560 258,900 258,900 0 0 n/a 235,600 0 23,300
COHU INC COM 192576106 2855 122,800 122,800 0 0 n/a 111,900 0 10,900
COMPUSA INC COM COM 204932107 4704 672,000 672,000 0 0 n/a 610,900 0 61,100
CONMED CORP COM 207410101 2985 96,300 96,300 0 0 n/a 86,900 0 9,400
CONSOLIDATED FREIGHTWAYS COR COM 209232107 2553 217,300 217,300 0 0 n/a 198,100 0 19,200
COREL CORP COM 21868Q109 230 66,900 66,900 0 0 n/a 66,900 0 0
CRACKER BARREL OLD CNTY STORE COM 12489v106 4385 243,600 243,600 0 0 n/a 220,000 0 23,600
CREDENCE SYSTEMS CORP COM 225302108 757 35,300 35,300 0 0 n/a 33,000 0 2,300
CYPRESS SEMICONDUCTOR CORP COM 232806109 8458 939,800 939,800 0 0 n/a 844,500 0 95,300
DAIN RAUSCHER CORP COM 233856103 3029 89,100 89,100 0 0 n/a 81,100 0 8,000
DAL-TILE INTL INC COM 23426R108 114 12,600 12,600 0 0 n/a 12,600 0 0
DATASTREAM SYSTEMS INC COM 238124101 2655 307,800 307,800 0 0 n/a 279,800 0 28,000
DEB SHOPS INC COM 242728103 3583 318,500 318,500 0 0 n/a 290,900 0 27,600
DEL MONTE FOODS COMPANY COM 24522P103 4999 379,100 379,100 0 0 n/a 344,300 0 34,800
DOWNEY FINL CORP COM 261018105 3412 186,303 186,303 0 0 n/a 168,500 0 17,803
DT INDUSTRIES INC COM 23333J108 88 12,500 12,500 0 0 n/a 12,500 0 0
EFC BANCORP INC COM 268423100 953 97,700 97,700 0 0 n/a 86,000 0 11,700
EMCOR GROUP INC COM 29084Q100 1141 66,400 66,400 0 0 n/a 59,500 0 6,900
ENNIS BUSINESS FORMS INC COM 293389102 3227 400,200 400,200 0 0 n/a 377,300 0 22,900
ESSEF CORP COM 269145108 1787 117,160 117,160 0 0 n/a 110,600 0 6,560
FEDDERS CORP CL. A 313135303 237 51,200 51,200 0 0 n/a 51,200 0 0
FEI COMPANY COM 30241L109 2916 348,200 348,200 0 0 n/a 318,000 0 30,200
FINISH LINE INC CL A 317923100 4903 380,800 380,800 0 0 n/a 360,100 0 20,700
FIRST WASH BANCORP INC WASH COM 33748T104 5615 288,900 288,900 0 0 n/a 263,810 0 25,090
FIRSTFED FINL CORP COM 337907109 6166 383,900 383,900 0 0 n/a 349,300 0 34,600
FLEETWOOD ENTERPRISES INC COM 339099103 4308 150,500 150,500 0 0 n/a 134,200 0 16,300
FREEDOM SECS CORP COM 35644K103 6853 430,000 430,000 0 0 n/a 392,300 0 37,700
FRESH DEL MONTE PRODUCE INC ORD G36738105 7226 389,300 389,300 0 0 n/a 354,800 0 34,500
FRUIT OF THE LOOM CL A G3682L105 4514 419,900 419,900 0 0 n/a 380,500 0 39,400
GAYLORD CONTAINER CORP CL A 368145108 3045 406,000 406,000 0 0 n/a 369,200 0 36,800
GENCORP INC COM 368682100 3452 191,800 191,800 0 0 n/a 173,200 0 18,600
GENERAL CHEM GROUP INC COM 369332101 2489 189,600 189,600 0 0 n/a 169,800 0 19,800
GEORGIA GULF CORP COM PAR $0.0 373200203 2324 207,700 207,700 0 0 n/a 189,600 0 18,100
GIANT CEMENT HLDG INC COM 374450104 3340 194,300 194,300 0 0 n/a 176,600 0 17,700
GOLDEN ST VINTNERS INC COM COM 38121K208 2216 185,600 185,600 0 0 n/a 172,300 0 13,300
GRAND UNION CO COM 386532402 1550 137,800 137,800 0 0 n/a 130,200 0 7,600
HAVEN BANCORP COM 419352109 2809 214,000 214,000 0 0 n/a 193,600 0 20,400
HELMERICH & PAYNE INC COM 423452101 1697 74,800 74,800 0 0 n/a 70,100 0 4,700
HERMAN MILLER INC COM 600544100 2632 144,200 144,200 0 0 n/a 130,300 0 13,900
HMT TECHNOLOGY CORP COM 403917107 1703 486,600 486,600 0 0 n/a 459,000 0 27,600
HOLLYWOOD ENTERTAINMENT CORP COM 436141105 2796 150,100 150,100 0 0 n/a 135,400 0 14,700
HOUSTON EXPLORATION CO COM 442120101 3404 195,900 195,900 0 0 n/a 177,900 0 18,000
HUNT CORP COM 445591100 796 80,600 80,600 0 0 n/a 73,200 0 7,400
IMCO RECYCLING INC COM 449681105 2612 202,900 202,900 0 0 n/a 183,800 0 19,100
IN FOCUS SYS INC COM 452919103 5051 577,300 577,300 0 0 n/a 524,100 0 53,200
INSTRON CORP COM 457776102 2403 151,400 151,400 0 0 n/a 141,500 0 9,900
INTERFACE INC COM 458665106 2769 287,700 287,700 0 0 n/a 262,800 0 24,900
INTERNATIONAL HOME FOODS INC COM 459655106 8528 530,900 530,900 0 0 n/a 482,700 0 48,200
INTL SPECIALTY PRODS INC NEW COM 460337108 782 103,400 103,400 0 0 n/a 103,400 0 0
MCDERMOTT J RAY SA COM P64658100 3938 131,800 131,800 0 0 n/a 118,700 0 13,100
J&J SNACK FOODS CORP COM 466032109 2785 138,400 138,400 0 0 n/a 126,200 0 12,200
JOURNAL REGISTER CO COM 481138105 4205 350,400 350,400 0 0 n/a 317,700 0 32,700
JUNO LTG INC COM 482047107 4254 189,600 189,600 0 0 n/a 172,900 0 16,700
KLAMATH FIRST BANCORP INC COM 49842P103 3139 191,700 191,700 0 0 n/a 173,300 0 18,400
KNIGHTSBRIDGE TANKERS LTD ORD G5299G106 2101 121,800 121,800 0 0 n/a 121,800 0 0
KNOLL INC COM 498904101 2036 82,700 82,700 0 0 n/a 77,500 0 5,200
KULICKE & SOFFA INDUSTRIES COM 501242101 4045 160,200 160,200 0 0 n/a 145,200 0 15,000
LADD FURNITURE INC COM PAR $0.3 505739201 8206 479,200 479,200 0 0 n/a 449,100 0 30,100
LESCO INC OHIO COM 526872106 5040 338,800 338,800 0 0 n/a 309,100 0 29,700
LIBERTY FINANCIAL COS COM 530512102 4847 205,700 205,700 0 0 n/a 187,200 0 18,500
LIFE USA HOLDINGS INC COM 531918209 2158 201,900 201,900 0 0 n/a 183,000 0 18,900
LIFETIME HOAN CORP COM 531926103 2717 276,900 276,900 0 0 n/a 247,500 0 29,400
LOUIS DREYFUS NATURAL GAS CORP COM 546011107 2274 156,800 156,800 0 0 n/a 141,900 0 14,900
LUBRIZOL CORP COM 549271104 2567 114,100 114,100 0 0 n/a 103,100 0 11,000
LYONDELL CHEMICAL COMPANY COM 552078107 172 12,600 12,600 0 0 n/a 12,600 0 0
MAGNETEK INC COM COM 559424106 1897 226,500 226,500 0 0 n/a 202,900 0 23,600
MALLINCKRODT COM 561232109 559 21,000 21,000 0 0 n/a 21,000 0 0
MARSHALL INDUSTRIES INC COM 572393106 6441 477,100 477,100 0 0 n/a 433,400 0 43,700
MATERIAL SCIENCES CORP COM COM 576674105 2349 368,500 368,500 0 0 n/a 334,500 0 34,000
MAXTOR CORP COM COM 577729205 2742 388,200 388,200 0 0 n/a 352,900 0 35,300
MAXIM MEDICAL INC COM 57777G105 1108 58,700 58,700 0 0 n/a 52,800 0 5,900
MERIDIAN INSURANCE GROUP INC COM 589644103 209 13,254 13,254 0 0 n/a 13,254 0 0
MICRO WAREHOUSE INC COM 59501B105 4186 259,600 259,600 0 0 n/a 234,400 0 25,200
MIDWEST EXPRESS HLDGS INC COM COM 597911106 6192 210,800 210,800 0 0 n/a 193,000 0 17,800
MILLENIUM CHEMICALS INC COM COM 599903101 5664 285,000 285,000 0 0 n/a 268,600 0 16,400
MORGAN KEEGAN INC COM 617410105 4442 268,200 268,200 0 0 n/a 244,600 0 23,600
NATIONAL-OILWELL INC COM 637071101 6831 590,800 590,800 0 0 n/a 539,600 0 51,200
NATIONAL R V HLDGS INC COM 637277104 4708 212,800 212,800 0 0 n/a 194,500 0 18,300
NATIONAL SVC INDS INC COM 637657107 7197 211,300 211,300 0 0 n/a 190,900 0 20,400
NATIONAL STEEL CORP CL B 637844309 5590 677,600 677,600 0 0 n/a 615,200 0 62,400
NAUTICA ENTERPRISES COM 639089101 2898 256,200 256,200 0 0 n/a 232,000 0 24,200
NCH CORP COM 628850109 2282 47,800 47,800 0 0 n/a 43,800 0 4,000
NEIMAN MARCUS GROUP INC COM 640204103 10331 456,600 456,600 0 0 n/a 415,900 0 40,700
NELSON(THOMAS) INC COM 640376109 3125 312,500 312,500 0 0 n/a 283,300 0 29,200
NEOMAGIC CORP COM 640497103 1516 152,600 152,600 0 0 n/a 139,000 0 13,600
NETWORK EQUIPMENT TECH COM 641208103 3186 356,500 356,500 0 0 n/a 323,600 0 32,900
NEWFIELD EXPL CO COM 651290108 5292 233,900 233,900 0 0 n/a 221,200 0 12,700
NEWPORT NEWS SHIPBLDG COM 652228107 3856 121,700 121,700 0 0 n/a 110,400 0 11,300
NINE WEST GROUP COM 65440D102 7823 316,900 316,900 0 0 n/a 287,600 0 29,300
NORSTAN INC COM 656535101 2276 246,100 246,100 0 0 n/a 222,900 0 23,200
NORTHLAND CRANBERRIES INC CL A 666499108 113 15,600 15,600 0 0 n/a 15,600 0 0
OAK INDS INC COM 671400505 270 8,500 8,500 0 0 n/a 8,500 0 0
OFFSHORE LOGISTICS INC COM 676255102 3177 273,300 273,300 0 0 n/a 247,900 0 25,400
OLYMPIC STEEL COM 68162K106 161 23,000 23,000 0 0 n/a 23,000 0 0
O'SULLIVAN INDS HLDGS INC COM 688609106 1499 108,500 108,500 0 0 n/a 102,600 0 5,900
PENNFED FINL SVCS INV COM 708167101 3347 209,200 209,200 0 0 n/a 191,200 0 18,000
PEOPLES BANCORP INC DEL COM 709909105 2124 215,094 215,094 0 0 n/a 196,994 0 18,100
PFF BANCORP INC COM 69331W104 7284 416,232 416,232 0 0 n/a 379,082 0 37,150
PHILLIPS VAN HEUSEN CORP COM 718592108 2457 364,000 364,000 0 0 n/a 330,900 0 33,100
PIER 1 IMPORTS INC COM 720279108 4999 615,200 615,200 0 0 n/a 555,800 0 59,400
PLAYERS INTERNATIONAL INC COM COM 727903106 1841 294,600 294,600 0 0 n/a 264,600 0 30,000
POOL ENERGY SVCS CO COM 732788104 4702 307,100 307,100 0 0 n/a 280,100 0 27,000
PRIMEX TECHNOLOGIES INC COM 741597108 3320 160,000 160,000 0 0 n/a 143,100 0 16,900
PULITZER PUBLISHING CO COM 745769109 2422 59,900 59,900 0 0 n/a 52,000 0 7,900
PXRE CORP COM 693674103 2720 151,100 151,100 0 0 n/a 137,000 0 14,100
QUAKER CHEMICAL CORP COM 747316107 4033 285,500 285,500 0 0 n/a 258,100 0 27,400
RAYMOND JAMES FINANCIAL INC COM 754730109 4533 229,500 229,500 0 0 n/a 207,200 0 22,300
RED ROOF INNS INC COM 757005103 880 55,900 55,900 0 0 n/a 51,800 0 4,100
RICHMOND CNTY FINL CORP COM 764556106 728 49,140 49,140 0 0 n/a 45,570 0 3,570
RIGHT MANAGEMENT CONSULTANTS COM 766573109 2165 136,900 136,900 0 0 n/a 127,900 0 9,000
RIVIANA FOODS INC COM 769536103 1123 48,062 48,062 0 0 n/a 47,862 0 200
ROFIN SINAR TECHNOLOGIES INC COM 775043102 689 102,100 102,100 0 0 n/a 94,800 0 7,300
ROUGE INDUSTRIES INC COM 779088103 1783 203,800 203,800 0 0 n/a 192,100 0 11,700
RUSS BERRIE & CO INC COM 782233100 6650 256,400 256,400 0 0 n/a 232,600 0 23,800
RYANS FAMILY STEAK HOUSE COM 783519101 2398 198,800 198,800 0 0 n/a 180,300 0 18,500
SAGA COMMUNICATIONS CL A 786598102 2893 161,849 161,849 0 0 n/a 153,224 0 8,625
SANTA FE INTL CORP USD .01 COM 80218K105 6438 873,000 873,000 0 0 n/a 795,000 0 78,000
SBARRO INC COM 805844107 6851 257,300 257,300 0 0 n/a 238,200 0 19,100
SENSORMATIC ELECTRS CORP COM 817265101 247 26,000 26,000 0 0 n/a 26,000 0 0
SHAW GROUP INC COM 820280105 1670 119,800 119,800 0 0 n/a 108,100 0 11,700
SILGAN HOLDINGS INC COM 827048109 3116 186,700 186,700 0 0 n/a 176,100 0 10,600
SILICONIX INC COM NEW 827079203 2995 142,597 142,597 0 0 n/a 129,093 0 13,504
SNYDER OIL CORP COM 833482102 6429 434,000 434,000 0 0 n/a 394,500 0 39,500
SPACELABS MED INC COM 846247104 4371 260,000 260,000 0 0 n/a 241,300 0 18,700
SPEEDFAM INTL INC COM COM 847706108 5530 460,850 460,850 0 0 n/a 420,400 0 40,450
SPORTS AUTH INC COM COM 849176102 3251 444,600 444,600 0 0 n/a 400,900 0 43,700
STANDARD PACIFIC CORP COM 85375C101 4790 372,000 372,000 0 0 n/a 337,400 0 34,600
STANDARD REGISTER CO COM 853887107 6237 210,100 210,100 0 0 n/a 191,000 0 19,100
STRATTEC SECURITY CORP COM 863111100 2062 73,300 73,300 0 0 n/a 66,900 0 6,400
STRIDE RITE CORP COM 863314100 3360 274,300 274,300 0 0 n/a 249,600 0 24,700
STRUCTURAL DYNAMICS RES COM 863555108 334 17,500 17,500 0 0 n/a 14,000 0 3,500
SYBASE INC COM 871130100 8830 1,112,500 1,112,500 0 0 n/a 1,048,800 0 63,700
SYMANTEC CORP COM 871503108 181 10,700 10,700 0 0 n/a 10,700 0 0
TECUMSEH PRODUCTS CO COM 878895200 3999 78,500 78,500 0 0 n/a 70,500 0 8,000
TEXAS INDS INC COM 882491103 335 13,500 13,500 0 0 n/a 13,500 0 0
TIMKEN CO COM 887389104 3767 231,800 231,800 0 0 n/a 210,300 0 21,500
TORO CO COM 891092108 8142 259,500 259,500 0 0 n/a 236,500 0 23,000
TOTAL RENAL CARE HLDGS INC COM COM 89151A107 5883 534,800 534,800 0 0 n/a 486,900 0 47,900
TOWER REALTY TR INC COM 89185E109 6256 330,338 330,338 0 0 n/a 301,150 0 29,188
TRAMMELL CROW CO COM COM 89288R106 7776 420,300 420,300 0 0 n/a 380,900 0 39,400
TRUE NORTH COMMUNICATIONS INC COM 897844106 4262 152,200 152,200 0 0 n/a 137,900 0 14,300
UNITED CMNTY FINL CORP OHIO COM 909839102 1520 129,400 129,400 0 0 n/a 120,600 0 8,800
URBAN OUTFITTERS INC COM 917047102 2763 196,500 196,500 0 0 n/a 178,200 0 18,300
US HOME AND GARDEN INC COM 902939107 2288 508,500 508,500 0 0 n/a 459,300 0 49,200
U S INDS INC NEW COM 912080108 401 24,400 24,400 0 0 n/a 24,400 0 0
VARCO INTL INC COM 922126107 238 21,400 21,400 0 0 n/a 21,400 0 0
VARIAN ASSOC INC COM 922204102 349 9,000 9,000 0 0 n/a 9,000 0 0
VARIAN SEMICONDUCTOR EQUIP COM 922207105 247 20,200 20,200 0 0 n/a 20,200 0 0
VIASOFT INC COM 92552U102 1645 398,800 398,800 0 0 n/a 360,600 0 38,200
VICORP RESTAURANTS INC COM 925817108 6822 426,400 426,400 0 0 n/a 395,000 0 31,400
VIDEO SERVER INC COM 926918103 1529 197,300 197,300 0 0 n/a 178,800 0 18,500
VISHAY INTERTECHNOLOGY INC COM 928298108 16297 1,123,900 1,123,900 0 0 n/a 1,020,900 0 103,000
WALKER INTERACTIVE SYSTEMS INC COM 931664106 1409 331,500 331,500 0 0 n/a 298,700 0 32,800
WALLACE COMPUTER SERVICES INC COM 932270101 6067 306,200 306,200 0 0 n/a 280,700 0 25,500
WANG LABS INC NEW COM 93369N109 5409 275,600 275,600 0 0 n/a 249,500 0 26,100
WATKINS JOHNSON CO COM 942486101 1896 83,800 83,800 0 0 n/a 75,600 0 8,200
WATSCO INC COM 942622200 3000 205,100 205,100 0 0 n/a 185,200 0 19,900
WEST MARINE INC COM 954235107 2452 276,300 276,300 0 0 n/a 251,900 0 24,400
WINSLOEW FURNITURE INC COM 975377102 3297 110,600 110,600 0 0 n/a 100,400 0 10,200
WISCONSIN CENTRAL TRANS COM 976592105 578 43,600 43,600 0 0 n/a 39,800 0 3,800
WITCO CORP COM 977385103 1810 143,400 143,400 0 0 n/a 130,400 0 13,000
WOLVERINE TUBE INC COM 978093102 4679 221,500 221,500 0 0 n/a 201,800 0 19,700
WORLD COLOR PRESS INC COM COM 981443104 4333 203,900 203,900 0 0 n/a 184,700 0 19,200
YELLOW CORP COM 985509108 233 13,400 13,400 0 0 n/a 13,400 0 0
</TABLE>
