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FORM 13F 6/30/2000
REPORTING MANAGER: Furman Selz LLC PAGE 1
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VALUATION CURRENCY : USD
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CISCO SYSTEMS INC OTC EQ 17275R102 37,184,063 585,000 N X ARBO 585,000
INTERWOVEN INC OTC EQ 46114T102 549,922 5,000 N X ARBO 5,000
MICROMUSE INC OTC EQ 595094103 41,503,483 250,800 N X ARBO 250,800
***NOKIA CORP-SPONSORED AD COMMON 654902204 3,995,000 80,000 N X ARBO 80,000
ORACLE SYSTEMS CORP OTC EQ 68389X105 24,798,438 295,000 N X ARBO 295,000
SAGENT TECHNOLOGY INC OTC EQ 786693101 213,750 15,000 N X ARBO 15,000
VIGNETTE CORP OTC EQ 926734104 33,029,925 635,000 N X ARBO 635,000
VERITAS SOFTWARE CORP OTC EQ 923436109 119,367,108 1,056,200 N X ARBO 1,056,200
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PAGE COLUMN TOTALS 260,641,689
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AGGREGATE COLUMN TOTALS 260,641,689
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