UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
Form 13F COVER PAGE
Report for the Calender Year Ended or Quarter Ended: September 30, 1999
Check here is Amendment [ ] Amendment Number:
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this report:
Lindner Asset Management, Inc. (formerly Ryback Management Corporation)
7711 Carondelet Avenue Suite 700
St. Louis, MO 63105
Form 13F File Number: 28-6220
The institutional investment manger 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: Brian L. Blomquist
Title: Executive Vice-President
Phone: 314-727-5305
Signature, Place and Date of Signing:
St. Louis, MO October 18, 1999
[Signature] [City, State] [Date]
Report Type: (Check only one):
[ xx ] 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 only if a portion of the holdings
for this reporting manager are reported
this report and a portion are reported by other reporting manager (s).)
List of Other Managers Reporting for this Manager:
NONE
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: none
Form 13F Information Table Entry Total: 259
Form 13 F Information Table Value Total: 694,271
(Thousands)
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
NONE
FORM 13F TABLE AS OF 09/30/99 FILE #28-6220
LINDNER ASSET MANAGEMENT, INC.
<TABLE> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR SH/ INVEST. DISCRETIOMANAGER VOTING AUTHORITY
NUMBER VALUE PRINC. AMT.PRINSOLE SOLE
(X1000)
<C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COMMON STOCK 885535104 4,430,375 154,100 SH X 154,100
ABBOTT LABORATORIES COMMON STOCK 002824100 3,675,000 100,000 SH X 100,000
AES CORPORATION COMMON STOCK 00130H105 472,000 8,000 SH X 8,000
AIRBORNE FREIGHT COMMON STOCK 009266107 2,632,813 125,000 SH X 125,000
ALBERTSON'S, INC. COMMON STOCK 013104104 4,035,375 102,000 SH X 102,000
ALLIANT TECHSYSTEMS COMMON STOCK 018804104 7,832,313 113,000 SH X 113,000
ALZA CORP COMMON STOCK 022615108 1,926,563 45,000 SH X 45,000
AMEREN CORPORATION COMMON STOCK 023608102 9,127,938 241,400 SH X 241,400
AMERICA ONLINE INC. COMMON STOCK 02364J104 4,794,400 46,100 SH X 46,100
AMERICAN POWER CONVERSION COMMON STOCK 029066107 5,700,000 300,000 SH X 300,000
AMGEN INC COMMON STOCK 031162100 6,625,950 81,300 SH X 81,300
ANACOMP, INC. COMMON STOCK 032371106 533,589 32,400 SH X 32,400
ANHEUSER-BUSCH COS COMMON STOCK 035229103 10,383,263 148,200 SH X 148,200
ANN TAYLORS COMMON STOCK 036115103 4,512,600 110,400 SH X 110,400
APPLE COMPUTER INC COMMON STOCK 037833100 5,812,088 91,800 SH X 91,800
ARMSTRONG WORLD INDS INC COMMON STOCK 042476101 3,145,625 70,000 SH X 70,000
AT&T COMMON STOCK 001957109 5,220,000 120,000 SH X 120,000
AT&T CORP.-LIBERTY MEDIA GROUP A COMMON STOCK 001957208 1,113,750 30,000 SH X 30,000
AUTODESK INC COMMON STOCK 052769106 1,093,750 50,000 SH X 50,000
AUTONATION INC. COMMON STOCK 05329W102 2,891,888 230,200 SH X 230,200
AUTOZONE, INC. COMMON STOCK 053332102 3,928,750 140,000 SH X 140,000
AVID TECHNOLOGY INC COMMON STOCK 05367P100 2,022,563 154,100 SH X 154,100
AWARE INC. COMMON STOCK 05453N100 438,919 15,300 SH X 15,300
BALL CORP COMMON STOCK 058498106 3,908,344 88,700 SH X 88,700
BALLARD POWER SYSTEMS INC. COMMON STOCK 05858H104 1,360,013 47,100 SH X 47,100
BECTON DICKINSON & COMPANY COMMON STOCK 075887109 4,490,000 160,000 SH X 160,000
BELCO OIL & GAS CORP 6.5% CV PFD CONVERTIBLE 077410207 4,130,550 246,600 SH X 246,600
BELL ATLANTIC COMMON STOCK 077853109 1,346,250 20,000 SH X 20,000
BELLSOUTH CORP COMMON STOCK 079860102 1,125,000 25,000 SH X 25,000
BERKLEY (WR) CORP. COMMON STOCK 084423102 4,337,800 188,600 SH X 188,600
BEST BUY COMPANY INC COMMON STOCK 086516101 1,818,431 29,300 SH X 29,300
BEST SOFTWARE INC COMMON STOCK 086579109 790,000 40,000 SH X 40,000
BILLING CONCEPTS CORPORATION COMMON STOCK 090063108 275,000 55,000 SH X 55,000
BIOCHEM PHARMA INC COMMON STOCK 09058T108 804,300 33,600 SH X 33,600
BMC SOFTWARE INC COMMON STOCK 055921100 5,860,969 81,900 SH X 81,900
BOB EVANS FARMS COMMON STOCK 096761101 1,116,550 54,800 SH X 54,800
BOEING COMMON STOCK 097023105 3,836,250 90,000 SH X 90,000
BORDERS GROUP INC COMMON STOCK 099709107 4,112,500 280,000 SH X 280,000
BOSTON BEER CO INC COMMON STOCK 100557107 292,100 36,800 SH X 36,800
BOSTON COMMUNICATIONS GROUP COMMON STOCK 100582105 57,500 10,000 SH X 10,000
BRAUNS FASHIONS CORP COMMON STOCK 105658108 2,011,538 110,600 SH X 110,600
BRIGGS & STRATTON COMMON STOCK 109043109 4,319,750 74,000 SH X 74,000
BROWN-FORMAN CORP COMMON STOCK 115637209 1,871,250 30,000 SH X 30,000
BUFFETS, INC. COMMON STOCK 119882108 587,063 50,500 SH X 50,500
CADENCE DESIGN SYS INC. COMMON STOCK 127387108 4,306,250 325,000 SH X 325,000
CAPSTEAD MORTGAGE $1.26 CONV PFD B CONVERTIBLE 14067E308 1,987,500 200,000 SH X 200,000
CARNIVAL CORP COMMON STOCK 143658102 3,458,250 79,500 SH X 79,500
CASTLE ENERGY CORP COMMON STOCK 148449309 425,000 25,000 SH X 25,000
CDW COMPUTER CENTERS INC COMMON STOCK 125129106 2,693,013 55,100 SH X 55,100
CELLSTAR CORP 5% CONV 10/15/02 CONVERTIBLE 150925AC9 3,456,250 5,000,000PRN X 5,000,000
CELLSTAR CORPORATION COMMON STOCK 150925105 300,000 40,000 SH X 40,000
CENDANT CORPORATION COMMON STOCK 151313103 2,573,750 145,000 SH X 145,000
CENTRAL & SOUTH WEST COMMON STOCK 152357109 211,250 10,000 SH X 10,000
CENTURYTEL INC. COMMON STOCK 156700106 1,580,313 38,900 SH X 38,900
CHARMING SHOPPES 7.5% CV 7/15/06 CONVERTIBLE 161133AA1 3,695,000 4,000,000PRN X 4,000,000
CHIQUITA BRANDS INTL 2.875 CV PFD CONVERTIBLE 170032403 13,106,844 544,700 SH X 544,700
CICUIT CITY STORES, INC. COMMON STOCK 172737108 843,750 20,000 SH X 20,000
CIRRUS LOGIC INC 6% CONV DUE 12/15/03CONVERTIBLE 172755AC4 5,328,750 7,250,000PRN X 7,250,000
CISCO SYSTEMS INC COMMON STOCK 17275R102 4,456,563 65,000 SH X 65,000
CITIGROUP INC COMMON STOCK 172967101 440,000 10,000 SH X 10,000
CMP GROUP INC COMMON STOCK 125887109 395,625 15,000 SH X 15,000
COM21 INC. COMMON STOCK 205937105 130,000 10,000 SH X 10,000
COMAIR HOLDINGS INC COMMON STOCK 199789108 1,128,075 67,600 SH X 67,600
COMCAST SPEC CL A NON VOTING STOCK COMMON STOCK 200300200 5,981,250 150,000 SH X 150,000
COMPAQ COMPUTER CORP COMMON STOCK 204493100 8,468,525 369,200 SH X 369,200
COMPUTER SCIENCES CORP COMMON STOCK 205363104 1,054,688 15,000 SH X 15,000
COMPUWARE CORP COMMON STOCK 205638109 2,439,450 93,600 SH X 93,600
CONSOLIDATED GRAPHIC INC. COMMON STOCK 209341106 631,875 15,000 SH X 15,000
CONSOLIDATED STORES CORPORATION COMMON STOCK 210149100 5,656,825 256,400 SH X 256,400
COOPER INDUSTRIES COMMON STOCK 216669101 3,604,425 77,100 SH X 77,100
COPART INC COMMON STOCK 217204106 261,813 14,200 SH X 14,200
CORNING INC COMMON STOCK 219350105 1,810,050 26,400 SH X 26,400
COTTON STATES LIFE INSURANCE COMMON STOCK 221774102 831,250 87,500 SH X 87,500
COVAD COMMUNICATIONS GROUP COMMON STOCK |222814204 762,892 17,500 SH X 17,500
COVANCE INC COMMON STOCK 222816100 558,969 57,700 SH X 57,700
CPI CORP. COMMON STOCK 125902106 2,601,669 76,100 SH X 76,100
CREATIVE TECHNOLOGY COMMON STOCK Y1775U107 3,718,750 350,000 SH X 350,000
CSG SYSTEMS INTL INC. COMMON STOCK 126349109 5,056,462 184,500 SH X 184,500
CVS CORP COMMON STOCK 126650100 3,648,638 89,400 SH X 89,400
CYTYC CORPORATION COMMON STOCK 232946103 1,551,369 40,100 SH X 40,100
DANA CORP COMMON STOCK 235811106 3,155,625 85,000 SH X 85,000
DEAN FOODS CO COMMON STOCK 242361103 3,938,050 90,400 SH X 90,400
DEVRY INC COMMON STOCK 251893103 1,096,000 54,800 SH X 54,800
DILLARDS INC-CL A COMMON STOCK 254067101 2,604,063 128,200 SH X 128,200
DOLLAR TREE STORES INC COMMON STOCK 256747106 798,750 20,000 SH X 20,000
EARTHLINK NETWORK INC COMMON STOCK 270322100 3,525,169 82,100 SH X 82,100
EDISON INTERNATIONAL COMMON STOCK 281020107 486,250 20,000 SH X 20,000
EL PASO ELECTRIC COMMON STOCK 283677854 4,050,000 450,000 SH X 450,000
EMC CORPORATION COMMON STOCK 268648102 3,571,875 50,000 SH X 50,000
EMERSON ELECTRIC CO COMMON STOCK 291011104 6,950,625 110,000 SH X 110,000
ENGELHARD CORP. COMMON STOCK 292845104 3,722,981 204,700 SH X 204,700
ENGINEERING ANIMATION INC. COMMON STOCK 292872108 158,125 10,000 SH X 10,000
ENRON CORP COMMON STOCK 293561106 1,155,000 28,000 SH X 28,000
EPICOR SOFTWARE CORP COMMON STOCK 29426L108 694,600 120,800 SH X 120,800
EQUIFAX INC. COMMON STOCK 294429105 3,234,375 115,000 SH X 115,000
ESENJAY EXPLORATION COMMON STOCK 296426109 327,750 138,000 SH X 138,000
EXPRESS SCRIPTS INC COMMON STOCK 302182100 5,117,550 65,400 SH X 65,400
EXXON CORP COMMON STOCK 302290101 1,898,438 25,000 SH X 25,000
FAIR ISAAC & COMPANY COMMON STOCK 303250104 505,125 18,000 SH X 18,000
FANNIE MAE COMMON STOCK 313586109 7,616,531 121,500 SH X 121,500
FIRST TENNESSEE NATL CORP COMMON STOCK 337162101 562,500 20,000 SH X 20,000
FLOWERS INDUSTRIES COMMON STOCK 343496105 1,695,313 125,000 SH X 125,000
FOAMEX INTL INC COMMON STOCK 344123104 200,200 28,600 SH X 28,600
FORT JAMES CORPORATION COMMON STOCK 347471104 2,740,806 102,700 SH X 102,700
FPL GROUP, INC COMMON STOCK 302571104 3,017,463 59,900 SH X 59,900
FRUIT OF THE LOOM COMMON STOCK G3682L105 149,394 45,100 SH X 45,100
GAP INC COMMON STOCK 364760108 960,000 30,000 SH X 30,000
GENERAL ELECTRIC CO COMMON STOCK 369604103 4,742,500 40,000 SH X 40,000
GENERAL INSTRUMENT COMMON STOCK 370120107 6,737,500 140,000 SH X 140,000
GTE CORP COMMON STOCK 362320103 615,000 8,000 SH X 8,000
HARLEY DAVIDSON INC COMMON STOCK 412822108 3,754,688 75,000 SH X 75,000
HAWKINS CHEMICAL INC COMMON STOCK 420200107 738,675 93,800 SH X 93,800
HOST MARRIOT CORP COMMON STOCK 44107P104 3,654,650 384,700 SH X 384,700
HOUSEHOLD INTERNATIO COMMON STOCK 441815107 3,695,513 92,100 SH X 92,100
HUMANA INC. COMMON STOCK 444859102 2,125,750 309,200 SH X 309,200
IMPAC COMMERCIAL HOLDINGS, INC. COMMON STOCK 45254R108 925,175 160,900 SH X 160,900
INFONAUTICS INC CLASS A COMMON STOCK 456662105 82,225 14,300 SH X 14,300
INFORMIX CORP COMMON STOCK 456779107 2,857,500 360,000 SH X 360,000
INTEL CORPORATION COMMON STOCK 458140100 475,600 6,400 SH X 6,400
INTERPUBLIC GROUP COMMON STOCK 460690100 2,056,250 50,000 SH X 50,000
INTERVOICE INC COMMON STOCK 461142101 331,875 30,000 SH X 30,000
INTL GAME TECHNOLOGY COMMON STOCK 459902102 2,786,400 154,800 SH X 154,800
IPALCO ENTERPRISES INC COMMON STOCK 462613100 431,513 22,200 SH X 22,200
JLG INDUSTRIES INC COMMON STOCK 466210101 151,875 10,000 SH X 10,000
JOHNS MANVILLE CORP COMMON STOCK 478129109 1,764,900 133,200 SH X 133,200
KANEB SERVICES, INC. COMMON STOCK 484170105 768,550 161,800 SH X 161,800
KEANE INC COMMON STOCK 486665102 3,278,156 143,700 SH X 143,700
KELLSTROM INDS INC COMMON STOCK 488035106 292,461 29,900 SH X 29,900
KERR-MCGEE CORP COMMON STOCK 492386107 2,202,500 40,000 SH X 40,000
KROLL-O'GARA COMPANY COMMON STOCK 501050108 250,313 15,000 SH X 15,000
LASMO 10% PFD A COMMON STOCK 501730303 12,130,275 492,600 SH X 492,600
LEGATO SYSTEMS INC COMMON STOCK 524651106 4,655,818 106,800 SH X 106,800
LEHMAN BROTHERS HOLDINGS INC COMMON STOCK 524908100 1,656,075 28,400 SH X 28,400
LG&E ENERGY CORP. COMMON STOCK 501917108 318,750 15,000 SH X 15,000
LIPOSOME COMPANY,INC COMMON STOCK 536310105 218,390 28,700 SH X 28,700
LIZ CLAIBORNE INC COMMON STOCK 539320101 3,565,000 115,000 SH X 115,000
LSB IND 3.25 CV PFD NON VOTING CONVERTIBLE 502160500 4,649,700 422,700 SH X 422,700
LUCENT TECHNOLOGIES COMMON STOCK 549463107 5,190,000 80,000 SH X 80,000
MANPOWER INC COMMON STOCK 56418H100 3,495,000 120,000 SH X 120,000
MARK IV INDUSTRIES COMMON STOCK 570387100 4,443,750 225,000 SH X 225,000
MCDONALD'S CORP COMMON STOCK 580135101 4,300,000 100,000 SH X 100,000
MCI WORLDCOM INC. COMMON STOCK 55268B106 1,020,625 14,200 SH X 14,200
MCLEODUSA INC- CL A COMMON STOCK 582266102 595,875 14,000 SH X 14,000
MEDTRONIC INC COMMON STOCK 585055106 1,065,000 30,000 SH X 30,000
MERCK & CO., INC. COMMON STOCK 589331107 6,481,250 100,000 SH X 100,000
METRICOM 8% CV 2003 CONVERTIBLE 591596AC5 7,817,865 5,000,000PRN X 5,000,000
MICRO WAREHOUSE, INC COMMON STOCK 59501B105 481,294 39,900 SH X 39,900
MICROSOFT CORP COMMON STOCK 594918104 5,433,750 60,000 SH X 60,000
MID ATLANTIC MEDICAL SERVICES, INC. COMMON STOCK 59523C107 959,888 107,400 SH X 107,400
MIDAMERICAN ENERGY COMMON STOCK 59562V107 442,500 15,000 SH X 15,000
MINDSPRING ENTERPRISES COMMON STOCK 602683104 2,076,563 75,000 SH X 75,000
MINNESOTA MINING & MFG CO. COMMON STOCK 604059105 4,803,125 50,000 SH X 50,000
MORGAN STANLEY DEAN WITTER COMMON STOCK 617446448 1,302,138 14,600 SH X 14,600
NATIONAL DENTEX CORP COMMON STOCK 63563H109 682,500 40,000 SH X 40,000
NATIONAL PRESTO INDUSTRIES, INC. COMMON STOCK 637215104 4,804,950 124,400 SH X 124,400
NATIONAL SERVICE INDUSTRIES, INC. COMMON STOCK 637657107 3,042,900 96,600 SH X 96,600
NAUTICA ENTERPRISES COMMON STOCK 639089101 3,225,000 200,000 SH X 200,000
NEORX CORP $2.4375 CV PFD NO VOTE CONVERTIBLE 640520201 2,367,709 139,277 SH X 139,277
NEW ERA OF NETWORKS INC. COMMON STOCK 644312100 6,089,600 281,600 SH X 281,600
NEXTEL COMMUNICATION INC. A COMMON STOCK 65332V103 881,563 13,000 SH X 13,000
NICHOLS RESEARCH CORPORATION COMMON STOCK 653818104 239,625 9,000 SH X 9,000
NORTEL NETWORKS CORP COMMON STOCK 656569100 5,610,000 110,000 SH X 110,000
NORTHPOINT COMMUNICATIONS COMMON STOCK 666610100 462,500 25,000 SH X 25,000
NOVASTAR FINANCIAL COMMON STOCK 669947400 1,180,375 337,250 SH X 337,250
NUEVO FINANCING 5.75% CONV PFD CONVERTIBLE 670511203 5,950,000 200,000 SH X 200,000
OLD REPUBLIC INTL COMMON STOCK 680223104 3,405,806 235,900 SH X 235,900
OMNICOM GROUP INC. COMMON STOCK 681919106 1,948,013 24,600 SH X 24,600
ON ASSIGNMENT INC COMMON STOCK 682159108 504,000 21,000 SH X 21,000
ORACLE CORPORATION COMMON STOCK 68389X105 2,948,400 64,800 SH X 64,800
PACIFICORP COMMON STOCK 695114108 201,250 10,000 SH X 10,000
PALL CORP COMMON STOCK 696429307 3,519,863 151,800 SH X 151,800
PAREXEL INT'L CORP COMMON STOCK 699462107 410,625 45,000 SH X 45,000
PATTERSON DENTAL COMPANY COMMON STOCK 703412106 991,250 20,000 SH X 20,000
PEDIATRIX MEDICAL GP COMMON STOCK 705324101 416,250 30,000 SH X 30,000
PEP BOYS-MANNY MOE & JACK COMMON STOCK 713278109 148,750 10,000 SH X 10,000
PETSMART COMMON STOCK 716768106 74,376 20,000 SH X 20,000
PFIZER INC. COMMON STOCK 717081103 4,492,188 125,000 SH X 125,000
PHARMACIA & UPJOHN COMMON STOCK 716941109 1,076,863 21,700 SH X 21,700
PINNACLE WEST CORP COMMON STOCK 723484101 363,750 10,000 SH X 10,000
PIONEER STD ELECTRON COMMON STOCK 723877106 236,775 16,400 SH X 16,400
PITNEY BOWES, INC. COMMON STOCK 724479100 3,753,750 61,600 SH X 61,600
PLAINS RESOURCES INC COMMON STOCK 726540503 893,750 50,000 SH X 50,000
POLYCOM INC COMMON STOCK 73172K104 476,563 10,000 SH X 10,000
POTOMAC ELECTRIC POWER COMMON STOCK 737679100 305,250 12,000 SH X 12,000
PROCTOR & GAMBLE CO COMMON STOCK 742718109 4,687,500 50,000 SH X 50,000
PROGRESS SOFTWARE CORP COMMON STOCK 743312100 784,375 25,000 SH X 25,000
PSS WORLD MEDICAL INCORPORATED COMMON STOCK 69366A100 524,631 58,700 SH X 58,700
QUANTUM CORPORATION 7% CV 8/1/2004 CONVERTIBLE 747906AC9 4,860,000 6,000,000PRN X 6,000,000
QUICKSILVER COMMON STOCK 74838C106 456,250 25,000 SH X 25,000
QWEST COMMUNICATIONS INTL COMMON STOCK 749121109 6,308,638 213,400 SH X 213,400
RATIONAL SOFTWARE CORPORATION COMMON STOCK 75409P202 2,468,414 84,300 SH X 84,300
RCN CORPORATION COMMON STOCK 749361101 574,000 14,000 SH X 14,000
RF MICRO DEVICES INC COMMON STOCK 749941100 933,300 20,400 SH X 20,400
RIGHTCHOICE MANAGED CARE-CLASS A COMMON STOCK 76657K101 7,354,669 696,300 SH X 696,300
ROGERS COMM. CLASS B - NON VOTING COMMON STOCK 775109200 285,813 17,000 SH X 17,000
ROMAC INTERNATIONAL COMMON STOCK 775835101 110,141 13,300 SH X 13,300
SAFETY-KLEEN CORP COMMON STOCK 78648R203 3,920,313 325,000 SH X 325,000
SAKS INCORPORATED COMMON STOCK 79377W108 2,354,063 155,000 SH X 155,000
SBC COMMUNICATIONS COMMON STOCK 78387G103 510,625 10,000 SH X 10,000
SCHERING-PLOUGH CORP COMMON STOCK 806605101 6,543,750 150,000 SH X 150,000
SEARS ROEBUCK COMMON STOCK 812387108 3,137,500 100,000 SH X 100,000
SHARED MEDICAL SYSTEMS CORP COMMON STOCK 819486101 1,168,750 25,000 SH X 25,000
SIZELER PROP INV. 8% CV DUE 07/15/03 CONVERTIBLE 830137AA3 6,725,125 7,300,000PRN X 7,300,000
SKYTEL COMMUNICATION COMMON STOCK 83087Q104 549,375 30,000 SH X 30,000
SKYWEST INC COMMON STOCK 830879102 460,688 21,000 SH X 21,000
SMURFIT-STONE CONTAINER CORP COMMON STOCK 832727101 3,341,063 154,500 SH X 154,500
STARBUCKS CORP COMMON STOCK 855244109 619,533 25,000 SH X 25,000
STURM RUGER & CO INC. COMMON STOCK 864159108 443,700 49,300 SH X 49,300
SUPERIOR CONSULTANT HOLDINGS COMMON STOCK 868146101 235,000 20,000 SH X 20,000
SUPERIOR UNIFORM GROUP COMMON STOCK 868358102 4,472,050 380,600 SH X 380,600
TANGER FACTORY OUTLET CENTER COMMON STOCK 875465106 798,438 35,000 SH X 35,000
TCBY ENTERPRISES INC COMMON STOCK 872245105 291,088 63,800 SH X 63,800
TECO ENERGY, INC. COMMON STOCK 872375100 633,750 30,000 SH X 30,000
TECUMSEH PRODUCTS-A COMMON STOCK 878895200 1,017,538 20,300 SH X 20,300
TECUMSEH PRODUCTS-B COMMON STOCK 878895101 7,535,875 167,000 SH X 167,000
TELETECH HOLDINGS COMMON STOCK 879939106 292,125 20,500 SH X 20,500
TELLABS, INC. COMMON STOCK 879664100 1,571,475 27,600 SH X 27,600
TENET HEALTHCARE CORPORATION COMMON STOCK 88033G100 1,756,250 100,000 SH X 100,000
TEXAS UTILITIES CO COMMON STOCK 882848104 373,125 10,000 SH X 10,000
THE WALT DISNEY CO COMMON STOCK 254687106 3,881,250 150,000 SH X 150,000
TOMMY HILFIGER COMMON STOCK G8915Z102 3,599,544 127,700 SH X 127,700
TORCHMARK CORP COMMON STOCK 891027104 3,493,125 135,000 SH X 135,000
TOTAL RENAL CARE HOLDINGS COMMON STOCK 89151A107 1,773,100 238,400 SH X 238,400
TRANSACTION SYSTEMS ARCHIT-A COMMON STOCK 893416107 3,421,063 127,000 SH X 127,000
TRANSOCEAN OFFSHORE COMMON STOCK 893817106 367,500 12,000 SH X 12,000
TRANSTECHNOLOGY CORP COMMON STOCK 893889105 2,792,344 241,500 SH X 241,500
TRAVELERS PROPERTY CASUALTY - CL A COMMON STOCK 893939108 3,023,750 102,500 SH X 102,500
TYCO INT'L LTD. COMMON STOCK 902124106 6,195,000 60,000 SH X 60,000
U S WEST, INC. COMMON STOCK 91273H101 382,319 6,700 SH X 6,700
UAL CORP COMMON STOCK 902549500 2,063,875 31,600 SH X 31,600
UNISOURCE ENERGY CORP. HLD CO. COMMON STOCK 909205106 5,600,306 474,100 SH X 474,100
UNITED STATIONERS COMMON STOCK 913004107 645,769 30,300 SH X 30,300
US FOODSERVICE COMMON STOCK 90331R101 3,531,600 196,200 SH X 196,200
USG CORPORATION COMMON STOCK 903293405 3,652,750 76,900 SH X 76,900
USX-MARATHON GROUP COMMON STOCK 902905827 2,925,000 100,000 SH X 100,000
VERTEX COMMUNICATION COMMON STOCK 925320103 3,722,081 332,700 SH X 332,700
VF CORP COMMON STOCK 918204108 3,410,000 110,000 SH X 110,000
VULCAN MATERIALS CO COMMON STOCK 929160109 3,563,613 97,300 SH X 97,300
WALGREEN COMPANY COMMON STOCK 931422109 1,103,813 43,500 SH X 43,500
WAL-MART STORES INC COMMON STOCK 931142103 4,518,438 95,000 SH X 95,000
WARNER-LAMBERT CO COMMON STOCK 934488107 1,327,500 20,000 SH X 20,000
WD-40 CO COMMON STOCK 929236107 507,917 21,700 SH X 21,700
WELLS FARGO COMPANY COMMON STOCK 949746101 7,925,000 200,000 SH X 200,000
WESTELL TECHNOLOGIES COMMON STOCK 957541105 568,750 70,000 SH X 70,000
WESTERN GAS RES 2.6250 CV PFD CONVERTIBLE 958259301 27,650,000 800,000 SH X 800,000
WESTERN RESOURCES, INC. COMMON STOCK 959425109 2,842,875 133,000 SH X 133,000
WESTERN WIRELESS COMMON STOCK 95988E204 1,345,314 30,000 SH X 30,000
WHIRLPOOL CORP COMMON STOCK 963320106 6,204,688 95,000 SH X 95,000
WHITMAN CORP COMMON STOCK 96647R107 1,353,750 95,000 SH X 95,000
WILEY & SONS--CL A COMMON STOCK 968223206 563,181 35,900 SH X 35,900
WINDMERE CORP COMMON STOCK 973411101 2,272,575 188,400 SH X 188,400
WINN-DIXIE STORES IN COMMON STOCK 974280109 667,969 22,500 SH X 22,500
WINSTAR COMM. COMMON STOCK 975515107 664,063 17,000 SH X 17,000
WISCONSIN ENERGY COMMON STOCK 976657106 468,750 20,000 SH X 20,000
WORLD ACCESS, INC COMMON STOCK 98141A101 2,347,138 209,800 SH X 209,800
WORTHINGTON INDUST. COMMON STOCK 981811102 4,714,100 277,300 SH X 277,300
XILINX INC COMMON STOCK 983919101 1,743,133 26,600 SH X 26,600
XIRCOM, INC. COMMON STOCK 983922105 1,199,519 28,100 SH X 28,100
YORK INTERNATIONAL CORP COMMON STOCK 986670107 1,725,000 48,000 SH X 48,000
694,271,097
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