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
May 15, 2000
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T M I Inc. COM 00754X105 13274 278000.000SH SOLE 278000.000
AMR Corp. COM 001765106 469 14700.000SH SOLE 14700.000
Allegheny Technologies Inc. COM 401 20000.000SH SOLE 20000.000
American Woodmark Corp COM 030506109 4200 203614.592SH SOLE 203614.592
Applied Materials COM 038222105 25429 269808.000SH SOLE 269808.000
Ark Best Corp. COM 040790107 4816 458700.000SH SOLE 458700.000
Atmel Corp COM 049513104 15751 305100.000SH SOLE 305100.000
Avatex Corp CL A BB COM ? 27402.000SH SOLE 27402.000
BE Aerospace Inc COM 073302101 2585 439940.000SH SOLE 439940.000
Beazer Homes USA Inc. COM 07556Q105 973 51900.000SH SOLE 51900.000
Bristol Myers Squibb COM 110122108 348 6000.000 SH SOLE 6000.000
Calpine Corp. COM 131347106 10472 111406.000SH SOLE 111406.000
Centex Corp COM 152312104 1505 63200.000SH SOLE 63200.000
Chase Manhattan Crp COM 16161A108 3044 34916.000SH SOLE 34916.000
Citigroup Inc. COM 173034109 13863 231530.216SH SOLE 231530.216
Coastal Corp. COM 9550 207600.000SH SOLE 207600.000
Commercial Intertech COM 201709102 2455 124710.000SH SOLE 124710.000
Computer Assoc Int'l COM 204912109 8936 150982.000SH SOLE 150982.000
Conductus COM 1297 40000.000SH SOLE 40000.000
Conoco Inc CL A COM 208251306 2561 104000.000SH SOLE 104000.000
Conseco Inc. COM 208464107 8048 703661.185SH SOLE 703661.185
Countrywide Credit Ind Inc COM 222372104 1897 69600.000SH SOLE 69600.000
Crossman Communities COM 22764E109 4250 268250.000SH SOLE 268250.000
D&K Healthcare COM 232861104 224 18300.000SH SOLE 18300.000
Dana Corp COM 235811106 265 9400.000 SH SOLE 9400.000
Eclipse Surgical COM 278849104 595 80000.000SH SOLE 80000.000
Edwards, A. G. COM 281760108 1328 33200.000SH SOLE 33200.000
Fannie Mae COM 313586109 7133 126114.000SH SOLE 126114.000
Fidelity Nat'l Fin'l COM 316326107 5422 392524.000SH SOLE 392524.000
Ford COM 345370100 8262 179846.683SH SOLE 179846.683
General Electric COM 369604103 392 2520.000 SH SOLE 2520.000
Global Marine Inc New COM 379352404 713 28100.000SH SOLE 28100.000
Graco Inc. COM 384109104 3917 135060.000SH SOLE 135060.000
Idex Corp COM 45167R104 2243 82300.000SH SOLE 82300.000
Intel Corp COM 458140100 12224 92650.000SH SOLE 92650.000
International Business Machine COM 459200101 796 6732.000 SH SOLE 6732.000
Iomega Corp. COM 462030107 38 10000.000SH SOLE 10000.000
JLG Industries Inc. COM 466210101 1562 170003.551SH SOLE 170003.551
Mastec Inc. COM 576323109 5353 60150.000SH SOLE 60150.000
Mellon Financial Corp. COM 585509102 7863 264300.068SH SOLE 264300.068
Merck & Company COM 589331107 717 11546.000SH SOLE 11546.000
Merrill Lynch COM 590188108 16161 153910.000SH SOLE 153910.000
Monaco Coach COM 60886R103 945 49750.000SH SOLE 49750.000
Morgan Stanley Dean Witter Dis COM 617446448 15222 183680.000SH SOLE 183680.000
NVR Inc. COM 62944T105 3078 57000.000SH SOLE 57000.000
National RV Holdings COM 637277104 7555 477750.000SH SOLE 477750.000
Ocean Energy Inc. COM 67481e106 158 11000.000SH SOLE 11000.000
Omni Energy Services COM 68210T109 373 186400.000SH SOLE 186400.000
Orthodontic Centers AM COM 68750P103 2212 116400.000SH SOLE 116400.000
Owens Corning Co COM 69073F103 2120 109444.372SH SOLE 109444.372
Philip Morris COM 718154107 912 43680.000SH SOLE 43680.000
Piercing Pagoda Inc COM 720773100 134 10000.000SH SOLE 10000.000
RTI International Metals Inc. COM 74961H203 2676 303655.000SH SOLE 303655.000
Readers Digest Assoc. COM 755267101 598 16900.000SH SOLE 16900.000
Reliance Group Holdings COM 759464100 194 55500.000SH SOLE 55500.000
Rush Enterprises Inc. COM 781846100 137 20000.000SH SOLE 20000.000
SCIOS Inc COM 808905103 726 140000.000SH SOLE 140000.000
Sabre Class A COM 388 10622.000SH SOLE 10622.000
Salton COM 795757103 8117 187140.000SH SOLE 187140.000
Southdown Inc. COM 841297104 5255 88700.000SH SOLE 88700.000
Southwest SEC Inc. COM 845224104 16397 377492.053SH SOLE 377492.053
Stanley Furniture COM 854305208 9504 490510.000SH SOLE 490510.000
Superior Industries COM 868168105 4303 135784.000SH SOLE 135784.000
Texas Industries Inc. COM 882491103 4103 129730.012SH SOLE 129730.012
Washington Mutual Inc. COM 939322103 1374 51842.000SH SOLE 51842.000
Winnebago Inds. Inc. COM 974637100 894 49500.000SH SOLE 49500.000
Federated Income TR MUT 314199100 105 10650.000SH SOLE 10650.000
Marsico Growth & Income MUT 573012200 263 11703.695SH SOLE 11703.695
N & B Partners Neuberger MUT 641224407 343 14225.477SH SOLE 14225.477
PIMCO Total Return Administrat MUT 693390726 116 11667.010SH SOLE 11667.010
Vanguard Windsor Fund II MUT 922018205 236 9441.858 SH SOLE 9441.858
</TABLE>
