<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: Kramer Capital Management, Inc.
Address: 767 Third Avenue
5th Floor
New York, New York 10017
Form 13F File Number: 28-05531
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: Andrew B. Kramer
Title: Managing Member
Phone: (212) 906-1198
Signature, Place, and Date of Signing:
/s/ Andrew B. Kramer New York, New York 11/14/2000
_________________________ ____________________ _______________
[Signature] [City, State] [Date]
<PAGE>
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 manger(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-
2
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 181
Form 13F Information Table Value Total: $190,420,930
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
3
<PAGE>
<TABLE>
FORM 13F
Karmer Capital Management, Inc.
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
---------------- --------- -------- -------- ----------- -------- -------- -----------
TITLE OF OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP VALUE SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
---------------- -------- --------- -------- -------- -------- -------- -------- ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CALL PFIZER INC
JAN 030 AMEX Equity Option 7170859A4068 4,986,000 2,770 CALL Yes None Yes No No
CALL CITIGROUP
JAN 37.5**** Equity Option 1F499W9A3208 5,589,375 2,710 CALL Yes None Yes No No
CALL INTEL CORP
JAN 030 **** Equity Option 45814G9A5068 3,699,000 2,160 CALL Yes None Yes No No
CALL AMER ONLINE
JAN 045 **** Equity Option 08999W9A5098 3,560,000 2,000 CALL Yes None Yes No No
CALL PFIZER INC
JAN 23.375**** Equity Option 7170819A3228 3,976,075 1,787 CALL Yes None Yes No No
CALL INTEL CORP
JAN 035 **** Equity Option 45814G9A5078 2,320,000 1,600 CALL Yes None Yes No No
CALL AMER ONLINE
JAN 040 **** Equity Option 08999W9A5088 2,856,000 1,400 CALL Yes None Yes No No
CALL COMPAQ COMP
JAN 015 **** Equity Option 2044939A0038 1,764,000 1,400 CALL Yes None Yes No No
CALL CISCO SYS
JAN 030 **** Equity Option 17275V9A3 4,094,550 1,348 CALL Yes None Yes No No
CALL INTEL CORP
JAN 015 **** Equity Option 29799W9A3038 3,024,000 1,120 CALL Yes None Yes No No
CALL CISCO SYS
JAN 060 **** Equity Option 33299W9A0128 1,300,000 1,000 CALL Yes None Yes No No
CALL PFIZER INC
JAN 26.625 **** Equity Option 7170819A3 1,875,000 1,000 CALL Yes None n/a No No
CALL NEXTEL COMMU
JAN 015 **** Equity Option 6529019A9038 3,180,000 960 CALL Yes None Yes No No
CALL CHASE MNHATN
JAN 033 **** Equity Option 16161K9A6288 1,516,063 955 CALL Yes None Yes No No
CALL AMGEN INC
JAN 040 AMEX Equity Option 03116U9A8088 2,880,000 800 CALL Yes None Yes No No
CALL INTEL CORP
JAN 030 **** Equity Option 48514G9A5 1,370,000 800 CALL Yes None Yes No No
CALL MOTOROLA
INC JAN 025 **** Equity Option 62008C9A5058 725,438 795 CALL Yes None n/a No No
CALL AMER ONLINE
JAN 050 **** Equity Option 02364K9A1108 1,102,000 760 CALL Yes None n/a No No
CALL WAL-MART
STR JAN 030 CBOE Equity Option 9311459A6068 1,522,500 700 CALL Yes None n/a No No
4
<PAGE>
CALL COMPAQ COMP
JAN 015 PSE Equity Option 20449V9A8038 886,600 620 CALL Yes None n/a No No
CALL AMERN EXPRE
JAN26.625**** Equity Option 02581G9A7018 2,152,500 600 CALL Yes None n/a No No
CALL SOLECTRON CP
JAN 030 CBOE Equity Option 83490E9A2068 1,275,000 600 CALL Yes None n/a No No
CALL CENDENT CORP
JAN 015 **** Equity Option 9029639A7038 108,720 600 CALL Yes None n/a No No
CALL FREDDIE MAC
JAN 040 **** Equity Option 3129209A1088 1,091,500 590 CALL Yes None n/a No No
CALL ENRON CORP
JAN 050 CBOE Equity Option 2939109A5108 2,705,625 570 CALL Yes None n/a No No
CALL ABBOTT LABS
JAN 025 PBW Equity Option 0028289A1058 1,231,250 500 CALL Yes None n/a No No
CALL AMER ONLINE
JAN 050 **** Equity Option 0239309A0108 960,000 500 CALL Yes None n/a No No
CALL CITIGROUP
JAN 020 **** Equity Option 8939269A5298 2,606,250 500 CALL Yes None n/a No No
CALL EMC CORP
JAN 050 **** Equity Option 2689349A6108 2,460,000 400 CALL Yes None n/a No No
CALL ORBITAL SCI
JAN 020 **** Equity Option 6855649A6048 10,000 400 CALL Yes None n/a No No
CALL SAFEWAY, INC
JAN 040 **** Equity Option 7865029A4 565,000 400 CALL Yes None n/a No No
CALL SUN MICRO
JAN 050 PSE Equity Option 86681D9A6108 2,945,000 400 CALL Yes None n/a No No
CALL PALM INC
JAN 040 **** Equity Option 8E299W9A1088 2,440,000 400 CALL Yes None n/a No No
CALL VIACOM CL B
JAN 050 CBOE Equity Option 92552N9A8108 645,000 400 CALL Yes None n/a No No
CALL WAL-MART STR
JAN 040 CBOE Equity Option 9311459A6 635,000 400 CALL Yes None n/a No No
CALL EMERSON ELEC
JAN 050 AMEX Equity Option 2909349A8108 877,500 390 CALL Yes None n/a No No
CALL PFIZER INC
JAN 23.375 **** Equity Option 7170819A3 801,000 360 CALL Yes None n/a No No
CALL M.S.D.W.&CO
JAN 040 **** Equity Option 2419379A1088 1,921,438 355 CALL Yes None n/a No No
CALL CITIGROUP
JAN 030 **** Equity Option 1F499W9A3068 927,500 350 CALL Yes None n/a No No
CALL MICROSOFT
JAN 060 PSE Equity Option 5949369A6128 446,250 350 CALL Yes None n/a No No
CALL TYCO INTL
JAN 030 **** Equity Option 9019179A4068 896,875 350 CALL Yes None n/a No No
CALL CISCO SYS
JAN 045 **** Equity Option 33299W9A0098 618,750 300 CALL Yes None n/a No No
CALL HOME DEPOT
JAN 33.37 **** Equity Option 58499W9A5 731,250 300 CALL Yes None n/a No No
5
<PAGE>
CALL SCHERING PLGH
JAN 035 PSE Equity Option 8066099A3 480,000 300 CALL Yes None n/a No No
CALL RADIOSHACK
JAN 030 **** Equity Option 8749229A7068 1,136,250 300 CALL Yes None n/a No No
CALL WORLDCOM INC
JAN 030 **** Equity Option look up 330,000 300 CALL Yes None n/a No No
CALL FED NATL MTG
JAN 040 PBW Equity Option 31358W9A2088 1,018,625 290 CALL Yes None n/a No No
CALL CENDENT CORP
JAN 010 **** Equity Option 9029639A7028 90,625 250 CALL Yes None n/a No No
M.S.D.W.&CO
JAN 020 **** Equity Option 6174469A9048 1,736,438 245 CALL Yes None n/a No No
AMGEN INC
JAN 025 AMEX Equity Option 03116U9A8058 1,149,000 240 CALL Yes None n/a No No
ENRON CORP
JAN 020 **** Equity Option 2935619A6048 1,617,000 240 CALL Yes None n/a No No
HEWLETT PACK
JAN 075 **** Equity Option 4G299W9A0158 1,224,000 240 CALL Yes None n/a No No
HOME DEPOT
JAN 040 **** Equity Option 4369309A1088 454,250 230 CALL Yes None n/a No No
TELLABS INC
JAN 040 PBW Equity Option 8799569A0088 354,375 210 CALL Yes None n/a No No
CHASE MNHATN
JAN 040 **** Equity Option 1F199W9A6 155,000 200 CALL Yes None n/a No No
HOME DEPOT
JAN 050 **** Equity Option 4369309A1108 257,500 200 CALL Yes None n/a No No
MICROSOFT
JAN 070 **** Equity Option 5949359A8 265,000 200 CALL Yes None n/a No No
SUN MICRO
JAN 030 PSE Equity Option 86681D9A6 1,817,500 200 CALL Yes None n/a No No
SUN MICRO
JAN 020 PSE Equity Option 86681D9A6048 1,977,500 200 CALL Yes None n/a No No
TEXAS INSTRS
JAN 055 **** Equity Option 88251J9A9118 232,500 200 CALL Yes None n/a No No
CITIGROUP
JAN 040 **** Equity Option 8939269A5338 660,000 200 CALL Yes None n/a No No
CALL WAL-MART STR
JAN 050 CBOE Equity Option 9311459A6108 210,000 200 CALL Yes None n/a No No
CALL AMER INTL
JAN 53.375**** Equity Option 0269249A0288 744,000 160 CALL Yes None n/a No No
CALL ENRON CORP
JAN 025 **** Equity Option 2935619A6058 1,000,000 160 CALL Yes None n/a No No
CALL COLUMBIA EN
JAN 050 **** Equity Option 1976489A8 322,500 150 CALL Yes None n/a No No
CALL CITIGROUP
JAN 33.375**** Equity Option 8939269A5 594,375 150 CALL Yes None n/a No No
CALL WORLDCOM INC
JAN 030 **** Equity Option 9819159A1 125,625 150 CALL Yes None n/a No No
6
<PAGE>
CALL ELI LILLY
JAN 055 **** Equity Option 5324579A8118 388,500 140 CALL Yes None n/a No No
CALL INTEL CORP
JAN 040 **** Equity Option 45814E9A0088 201,500 130 CALL Yes None n/a No No
CALL SOLECTRON CP
JAN 025 **** Equity Option 8341829A7058 264,000 120 CALL Yes None n/a No No
CALL ABBOTT LABS
JAN 030 **** Equity Option 0028299A9 215,000 100 CALL Yes None n/a No No
CALL CENDANT CORP
JAN 010 **** Equity Option 1513139A3028 20,000 100 CALL Yes None n/a No No
CALL CENDANT CORP
JAN 015 **** Equity Option 1513139A3038 5,000 100 CALL Yes None n/a No No
CALL CHASE MNHATN
JAN 040 **** Equity Option 16161K9A6088 126,250 100 CALL Yes None n/a No No
CALL M.S.D.W.&CO
JAN 050 **** Equity Option 2419379A1108 462,500 100 CALL Yes None n/a No No
CALL FED NATL MTG
JAN 050 PBW Equity Option 31358W9A2108 256,250 100 CALL Yes None n/a No No
CALL NOVELL INC
JAN 015 **** Equity Option 6700069A5038 5,620 100 CALL Yes None n/a No No
CALL SCHLUMBERGER
JAN 060 **** Equity Option 8069049A8298 397,500 100 CALL Yes None n/a No No
CALL SEAGATE TECH
JAN 050 AMEX Equity Option 8119099A0 293,750 100 CALL Yes None n/a No No
CALL TIME WARNER
JAN 070 PBW Equity Option 88731P9A5148 215,000 100 CALL Yes None n/a No No
CALL TIME WARNER
JAN 080 PBW Equity Option 88731P9A5168 171,000 100 CALL Yes None n/a No No
CALL AMER INTL
JAN 064**** Equity Option 0D599W9A8 643,000 80 CALL Yes None n/a No No
CALL CHASE MNHATN
JAN 040 **** Equity Option 16161G9A5 117,000 80 CALL Yes None n/a No No
CALL CLEAR CHANNEL
JAN 050 **** Equity Option 18450M9A8 162,000 80 CALL Yes None n/a No No
CALL INTEL CORP
JAN 020 **** Equity Option 45814G9A5048 197,000 80 CALL Yes None n/a No No
CALL PRICELINE.CO
JAN 040 **** Equity Option 7415039B4088 16,000 80 CALL Yes None n/a No No
CALL COMPAQ COMP
JAN 020 **** Equity Option 20449T9A3 91,700 70 CALL Yes None n/a No No
CALL SOLECTRON CP
JAN 025 CBOE Equity Option 83490E9A2 168,875 70 CALL Yes None n/a No No
CALL AMER ONLINE
JAN 060 **** Equity Option 02364K9A1128 61,200 60 CALL Yes None n/a No No
CALL FREDDIE MAC
JAN 035 **** Equity Option 3134009A3078 116,250 60 CALL Yes None n/a No No
CALL PFIZER INC
JAN 035 **** Equity Option 7170869A2 104,250 60 CALL Yes None n/a No No
7
<PAGE>
CALL PRICELINE.CO
JAN 020 **** Equity Option 74150N9A2 23,250 60 CALL Yes None n/a No No
CALL WAL-MART STR
JAN 045 **** Equity Option 9309019A3 98,250 60 CALL Yes None n/a No No
CALL CITIGROUP
JAN 22.5**** Equity Option 1F499W9A3028 171,600 52 CALL Yes None n/a No No
CALL VIACOM CL B
JAN 045 **** Equity Option 12490N9A1 126,250 50 CALL Yes None n/a No No
CALL EMC CORP
JAN 040 **** Equity Option 2689259A4088 316,875 50 CALL Yes None n/a No No
CALL AT HOME CORP
JAN 015 **** Equity Option 27999W9A5038 26,250 50 CALL Yes None n/a No No
CALL TIME WARNER
JAN 040 **** Equity Option 8873159A9088 198,000 50 CALL Yes None n/a No No
CALL FREDDIE MAC
JAN 050 AMEX Equity Option 3129209A1108 51,500 40 CALL Yes None n/a No No
CALL FED NATL MTG
JAN 050 **** Equity Option 31358V9A4 115,000 40 CALL Yes None n/a No No
CALL GLOBAL CROSS
JAN 020 **** Equity Option 37934A9A0 71,500 40 CALL Yes None n/a No No
CALL SOLECTRON CP
JAN 030 **** Equity Option 83490F9A9 94,500 40 CALL Yes None n/a No No
CALL TELLABS INC
JAN 040 **** Equity Option 87966R9A9 82,000 40 CALL Yes None n/a No No
CALL TELLABS INC
JAN 045 PBW Equity Option 8799569A0 59,500 40 CALL Yes None n/a No No
CALL TEXAS INSTRS
JAN 050 **** Equity Option 88251J9A9108 52,000 40 CALL Yes None n/a No No
CALL CITIGROUP
JAN 37.5**** Equity Option 1F599W9A2 70,125 30 CALL Yes None n/a No No
CALL HOME DEPOT
JAN 045 **** Equity Option 4369329A7 58,500 30 CALL Yes None n/a No No
CALL RADIOSHACK
JAN 035 **** Equity Option 8749229A7 102,000 30 CALL Yes None n/a No No
CALL TIME WARNER
JAN 055 PBW Equity Option 88731P9A5 93,900 30 CALL Yes None n/a No No
CALL TIME WARNER
JAN 060 PBW Equity Option 88731P9A6 84,000 30 CALL Yes None n/a No No
CALL VIACOM CL B
JAN 055 **** Equity Option 92552P9A3 53,250 30 CALL Yes None n/a No No
CALL ENRON CORP
JAN 050 **** Equity Option 2935619B4 118,750 25 CALL Yes None n/a No No
CALL ENRON CORP
JAN 030 CBOE Equity Option 2939109A5 148,438 25 CALL Yes None n/a No No
CALL AMER INTL GP
JAN 060 **** Equity Option 0J599W9A5 90,750 20 CALL Yes None n/a No No
CISCO SYSTEMS INC Common Stock 17275R102000 19,503,250 353,000 n/a Yes None Yes No No
**RESERVE FUND
PRIMARY Common Stock 761056100000 352,770 352,770 n/a Yes None Yes No No
AMGEN INC Common Stock 31162100000 11,633,345 166,600 n/a Yes None Yes No No
CITIGROUP INC Common Stock 172967101000 6,364,891 117,731 n/a Yes None Yes No No
8
<PAGE>
FREDDIE MAC-
OTING COMMON Common Stock 313400301000 6,217,245 115,000 n/a Yes None Yes No No
INTEL CORP Common Stock 458140100000 4,667,845 112,200 n/a Yes None Yes No No
TEXAS INSTRUMENTS
INC Common Stock 882508104000 3,812,790 80,800 n/a Yes None Yes No No
TIME WARNER INC Common Stock 887315109000 4,984,525 63,700 n/a Yes None Yes No No
FANNIE MAE Common Stock 313586109000 4,325,750 60,500 n/a Yes None Yes No No
SUN MICROSYSTEMS
INC Common Stock 866810104000 7,005,000 60,000 n/a Yes None Yes No No
AMERICAN
INTERNATIONAL
GROUP Common Stock 26874107000 5,421,873 56,662 n/a Yes None Yes No No
HOME DEPOT INC Common Stock 437076102000 1,538,827 29,000 n/a Yes None Yes No No
PFIZER INC Common Stock 717081103000 1,276,239 28,400 n/a Yes None Yes No No
VIACOM INC-CL B Common Stock 925524308000 1,233,473 21,085 n/a Yes None Yes No No
CENDANT CORP Common Stock 151313103000 228,375 21,000 n/a Yes None Yes No No
DANIELSON HOLDING
CORP Common Stock 236274106 42,434 10,287 n/a Yes None Yes No No
HEWLETT PACKARD
CO Common Stock 428236103000 970,000 10,000 n/a Yes None Yes No No
HILTON HOTELS
CORP Common Stock 432848109000 107,825 9,325 n/a Yes None Yes No No
ENRON CORP Common Stock 293561106000 547,656 6,250 n/a Yes None Yes No No
PRICELINE.COM INC Common Stock 741503106000 71,250 6,000 n/a Yes None Yes No No
AMERICA ONLINE
INC-DEL Common Stock 02364J104000 322,500 6,000 n/a Yes None Yes No No
COMPAQ COMPUTER
CORP Common Stock 204493100000 137,900 5,000 n/a Yes None Yes No No
SOLECTRON CORP Common Stock 834182107000 230,625 5,000 n/a Yes None n/a No No
IMMUNEX CORP NEW Common Stock 452528102000 182,700 4,200 n/a Yes None Yes No No
NEXTEL
COMMUNICATIONS
INC-CL A Common Stock 65332V103000 187,000 4,000 n/a Yes None Yes No No
BIOSHIELD
TECHNOLOGIES
INC Common Stock 09068A107000 31,446 3,900 n/a Yes None Yes No No
AGILENT
TECHNOLOGIES INC Common Stock 00846U101000 186,650 3,814 n/a Yes None Yes No No
MICROSOFT CORP Common Stock 594918104000 154,064 3,750 n/a Yes None Yes No No
CHASE MANHATTAN
CORP NEW Common Stock 16161A108000 170,896 3,700 n/a Yes None Yes No No
AT&T CORP LIBERTY
MEDIA GROUP Common Stock 1957208000 64,800 3,600 n/a Yes None Yes No No
ECHELON CORP Common Stock 27874N105000 102,813 3,500 n/a Yes None n/a No No
EMERSON ELECTRIC
CO Common Stock 291011104000 221,100 3,300 n/a Yes None Yes No No
AMERICAN EXPRESS
COMPANY Common Stock 25816109000 182,250 3,000 n/a Yes None Yes No No
MOTOROLA INC Common Stock 620076109000 84,750 3,000 n/a Yes None n/a No No
9
<PAGE>
GENERAL ELECTRIC
CO Common Stock 369604103000 144,220 2,500 n/a Yes None Yes No No
TELLABS INC Common Stock 879664100000 119,375 2,500 n/a Yes None Yes No No
INTERNATIONAL
BUSINESS Common Stock 459200101000 261,113 2,321 n/a Yes None Yes No No
AT HOME CORP-
ER A Common Stock 45919107000 28,250 2,000 n/a Yes None Yes No No
FORD MOTOR CO DEL Common Stock 345370860000 50,626 2,000 n/a Yes None Yes No No
PHILIP MORRIS
COMPANIES INC Common Stock 718154107000 58,876 2,000 n/a Yes None Yes No No
RADIOSHACK CORP Common Stock 750438103000 129,250 2,000 n/a Yes None Yes No No
CHARTER
COMMUNICATIONS
INC DEL Common Stock 16117M107000 32,532 2,000 n/a Yes None n/a No No
PALM INC Common Stock 696642107000 78507 1483 n/a Yes None Yes No No
***VODAFONE GROUP
PLC NEW Common Stock 92857W100000 46,250 1,250 n/a Yes None Yes No No
ALTRIS SOFTWARE
INC Common Stock 22091102000 1,375 1,000 n/a Yes None Yes No No
MERCK & CO INC Common Stock 589331107000 74,438 1,000 n/a Yes None Yes No No
3COM CORP Common Stock 885535104000 19,188 1,000 n/a Yes None n/a No No
NTL INC Common Stock 629407107000 28,946 625 n/a Yes None n/a No No
WALT DISNEY CO
HOLDING CO Common Stock 254687106000 22,950 600 n/a Yes None Yes No No
BLUE MARTINI
SOFTWARE INC Common Stock 95698106000 16,938 500 n/a Yes None Yes No No
FIRST DATA CORP Common Stock 319963104000 19,532 500 n/a Yes None Yes No No
JOHNSON & JOHNSON Common Stock 478160104000 46,969 500 n/a Yes None Yes No No
PMC-SIERRA INC Common Stock 69344F106000 107,625 500 n/a Yes None Yes No No
VISTEON CORP Common Stock 92839U107000 3,948 261 n/a Yes None Yes No No
TRADITIONAL INDS
INC SUB DEB Bond 892682AA3020 - 1,100,000 n/a Yes None n/a No No
UNITED STATES
TREASURY BONDS Bond 912810EL8060 73,313 60,000 n/a Yes None n/a No No
UNITED STATES
TREASURY NOTES Bond 912827W24060 49,945 50,000 n/a Yes None n/a No No
UNITED STATES
TREASURY NOTES Bond 912827Z62060 51,391 50,000 n/a Yes None n/a No No
WAL-MART STORES
NTS Bond 931142AV5020 51,342 50,000 n/a Yes None n/a No No
LYKES CORP
SUB DEB Bond 550890AB3020 - 26,000 n/a Yes None n/a No No
BERNALILLO CNTY
N MEX GROSS Bond 08527NBM7060 24,965 25,000 n/a Yes None n/a No No
INDIANA TRANSN
FIN AUTH ARPT Bond 455135BN2060 24,975 25,000 n/a Yes None n/a No No
UNIVERSITY
CINCINNATI OHIO Bond 914116BU1060 24,938 25,000 n/a Yes None n/a No No
10
<PAGE>
LAS VEGAS RESORTS
CORP Bond 517831103000 - 19,704 n/a Yes None n/a No No
UNITED STATES
TREAS SEC STRIPS Bond 912833FM7060 13,899 14,000 n/a Yes None n/a No No
NEW YORK ST MTG
AGY REV SER 34 Bond 649885G95060 10,000 10,000 n/a Yes None n/a No No
NEW YORK ST MTG
AGY REV Bond 649886AM0060 5,000 5,000 n/a Yes None n/a No No
</TABLE>
02745002.AA3
11
