I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND
THAT ALL INFORMATION IN THIS FORM AND THE ATTACHMENTS TO IT
IS TRUE, CORRECT AND COMPLETE, AND I UNDERSTAND THAT ALL
REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT
REPRESENTS THAT ALL UNAMENDED ITEMS, STATEMENTS AND
SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS PREVIOUSLY
SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCHANGE ACT OF 1934.
/s/ John H. Kunkle
November 11, 1999
<TABLE>
NAME OF ISSUER TITLE CUSIP Value Shares/ SH/ PUT/ INVSTMMANAGERS VOTING AUTHORITY
(x$1000)PRN AMT PRN CALL DSCRETN SOLE SHARED NONE
<C> <C> <C> <C> <C> <C> <C> <C>
123456789012345678901234567890123456789012345678901234567890123456789012345678901234567890123456789012345678901234567890
D A T M I Inc. COM 00754X105 10720 287300 SH SOLE 287300
D AMR Corp. COM 001765106 6421 117820 SH SOLE 117820
D Air Express Int'l COM 009104100 2235 98506 SH SOLE 98506
D Alaska Air Lines COM 011659109 4944 121500 SH SOLE 121500
D Allegheny Teledyne Inc. COM 017415100 706 41850 SH SOLE 41850
D American International Group COM 026874107 268 3080 SH SOLE 3080
D American Woodmark Corp COM 030506109 5972 222208 SH SOLE 222208
D Applied Materials COM 038222105 16536 212854 SH SOLE 212854
D Ark Best Corp. COM 040790107 4076 329400 SH SOLE 329400
D Armstrong World COM 042476101 490 10900 SH SOLE 10900
D BE Aerospace Inc COM 073302101 6771 567240 SH SOLE 567240
D Beazer Homes USA Inc. COM 07556Q105 626 33700 SH SOLE 33700
D Bristol Myers Squibb COM 110122108 921 13650 SH SOLE 13650
D Calpine Corp. COM 131347106 19154 225178 SH SOLE 225178
D Chase Manhattan Crp COM 16161A108 2760 36616 SH SOLE 36616
D Citigroup Inc. COM 173034109 10725 243745 SH SOLE 243745
D Commercial Intertech COM 201709102 2846 235910 SH SOLE 235910
D Computer Assoc Int'l COM 204912109 9589 156882 SH SOLE 156882
D Conseco Inc. COM 208464107 13707 721403 SH SOLE 721403
D Crossman Communities COM 22764E109 5003 306700 SH SOLE 306700
D D&K Healthcare COM 232861104 428 18300 SH SOLE 18300
D Dana Corp COM 235811106 965 26000 SH SOLE 26000
D Eclipse Surgical COM 278849104 990 60000 SH SOLE 60000
D Edwards, A. G. COM 281760108 1502 56965 SH SOLE 56965
D Fannie Mae COM 313586109 8199 130792 SH SOLE 130792
D Fidelity Nat'l Fin'l COM 316326107 6090 400974 SH SOLE 400974
D Ford COM 345370100 9197 183017 SH SOLE 183017
D Frontier Insurance COM 359081106 1554 177631 SH SOLE 177631
D General Electric COM 369604103 429 3620 SH SOLE 3620
D Global Marine Inc New COM 379352404 473 28791 SH SOLE 28791
D Graco Inc. COM 384109104 4791 146010 SH SOLE 146010
D Griffon Corp. COM 398433102 835 104400 SH SOLE 104400
D Idex Corp COM 45167R104 2548 90000 SH SOLE 90000
D Intel Corp COM 458140100 6971 93800 SH SOLE 93800
D International Business Machine COM 459200101 1420 11732 SH SOLE 11732
D Iomega Corp. COM 462030107 33 10000 SH SOLE 10000
D JLG Industries Inc. COM 466210101 3317 218400 SH SOLE 218400
D Long Beach Financial Corp. COM 542446109 1862 117300 SH SOLE 117300
D Mellon Financial Corp. COM 585509102 9903 294501 SH SOLE 294501
D Merck & Company COM 589331107 748 11546 SH SOLE 11546
D Merrill Lynch COM 590188108 10808 160410 SH SOLE 160410
D Monaco Coach COM 60886R103 1261 51750 SH SOLE 51750
D Morgan Stanley Dean Witter Dis COM 617446448 8508 95390 SH SOLE 95390
D NVR Inc. COM 62944T105 2707 53600 SH SOLE 53600
D National City Corp. COM 635405103 1388 52020 SH SOLE 52020
D National RV Holdings COM 637277104 9093 460405 SH SOLE 460405
D Omni Energy Services COM 68210T109 408 186400 SH SOLE 186400
D Orthodontic Centers AM COM 68750P103 1857 106500 SH SOLE 106500
D Owens Corning Co COM 69073F103 4338 200029 SH SOLE 200029
D Philip Morris COM 718154107 3305 96680 SH SOLE 96680
D Piercing Pagoda Inc COM 720773100 130 10000 SH SOLE 10000
D RTI International Metals Inc. COM 74961H203 3537 353705 SH SOLE 353705
D Reliance Group Holdings COM 759464100 1453 327545 SH SOLE 327545
D Rush Enterprises Inc. COM 781846100 312 20000 SH SOLE 20000
D SCIOS Inc COM 808905103 516 140000 SH SOLE 140000
D Southdown Inc. COM 841297104 4804 89800 SH SOLE 89800
D Southwest SEC Inc. COM 845224104 9753 361235 SH SOLE 361235
D Stanley Furniture COM 854305208 10701 506560 SH SOLE 506560
D Superior Industries COM 868168105 3397 121329 SH SOLE 121329
D Texas Industries Inc. COM 882491103 4559 123218 SH SOLE 123218
D Winnebago Inds. Inc. COM 974637100 957 40000 SH SOLE 40000
D Federated Income TR MUT 314199100 107 10650 SH SOLE 10650
D Marsico Growth & Income MUT 573012200 190 11638 SH SOLE 11638
D N & B Partners Neuberger MUT 641224407 313 12420 SH SOLE 12420
D PIMCO Total Return Administrat MUT 693390726 191 18984 SH SOLE 18984
D Vanguard Windsor Fund II MUT 922018205 240 8464 SH SOLE 8464
S DATA RECORDS 66DATA RECOR 271560
</TABLE>
