UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
Form 13F COVER PAGE
Report for the Calender Year Ended or Quarter Ended: June 30, 2000
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.
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: John Elder
Title: Vice-President of Administration
Phone: 314-727-5305
Signature, Place and Date of Signing:
St. Louis, MO July 28, 2000
[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: 273
Form 13 F Information Table Value Total: 603,446
(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 6/30/00 FILE #28-6220
LINDNER ASSET MANAGEMENT, INC.
<TABLE> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR SH/ INVEST. DISCRETIMANAGER VOTING
AUTHORITY
NUMBER VALUE PRINC. AMT. PRINSOLE SOLE
(X1000)
<C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COMMON STOCK 88553510 7,203 125,000 SH X 125,000
ABBOTT LABORATORIES COMMON STOCK 00282410 4,011 90,000 SH X 90,000
ADELPHIA COMMUN CL A COMMON STOCK 00684810 469 10,000 SH X 10,000
ADVANTAGE LEARNING SYSTEMS, INC. COMMON STOCK 00757K10 707 46,000 SH X 46,000
ADVO, INC. COMMON STOCK 00758510 235 5,600 SH X 5,600
AES CORPORATION COMMON STOCK 00130H10 365 8,000 SH X 8,000
AETHER SYSTEMS COMMON STOCK 00808V10 513 2,500 SH X 2,500
AGILENT TECHNOLOGIES, INC. COMMON STOCK 00846U10 1,254 17,000 SH X 17,000
AIRBORNE FREIGHT COMMON STOCK 00926610 2,367 125,000 SH X 125,000
AIRGAS INC COMMON STOCK 00936310 284 50,000 SH X 50,000
AMERADA HESS CORP COMMON STOCK 02355110 3,396 55,000 SH X 55,000
AMEREN CORPORATION COMMON STOCK 02360810 3,375 100,000 SH X 100,000
AMERICA ONLINE INC. COMMON STOCK 02364J10 5,344 101,300 SH X 101,300
AMERICA WEST HOLDING CORP.-B COMMON STOCK 02365720 274 16,000 SH X 16,000
AMERICAN EXPRESS CO. COMMON STOCK 02581610 1,043 20,000 SH X 20,000
AMERICAN HOME PRODUCTS CORP. COMMON STOCK 02660910 2,938 50,000 SH X 50,000
AMERICAN TOWER CORP.-CL A COMMON STOCK 02991220 208 5,000 SH X 5,000
AMKOR TECHNOLOGY INC COMMON STOCK 03165210 1,628 46,100 SH X 46,100
ANADIGICS INC COMMON STOCK 03251510 2,102 61,700 SH X 61,700
ANDREW CORPORATION COMMON STOCK 03442510 514 15,300 SH X 15,300
ANHEUSER-BUSCH COS COMMON STOCK 03522910 7,237 96,900 SH X 96,900
ANIXTER INTL INC COMMON STOCK 03529010 445 16,800 SH X 16,800
ANN TAYLORS COMMON STOCK 03611510 4,399 132,800 SH X 132,800
ANTEC CORP COMMON STOCK 03664P10 549 13,200 SH X 13,200
APACHE CORPORATION COMMON STOCK 03741110 294 5,000 SH X 5,000
APPLE COMPUTER INC COMMON STOCK 03783310 3,823 73,000 SH X 73,000
ARROW ELECTRONICS, INC. COMMON STOCK 04273510 419 13,500 SH X 13,500
AT & T COMMON STOCK 00195710 8,792 278,000 SH X 278,000
AT HOME CORPORATION SERIES A COMMON STOCK 04591910 415 20,000 SH X 20,000
AT&T CORP.-LIBERTY MEDIA GROUP A COMMON STOCK 00195720 728 30,000 SH X 30,000
ATMOS ENERGY CORP. COMMON STOCK 04956010 175 10,000 SH X 10,000
AWARE INC. COMMON STOCK 05453N10 716 14,000 SH X 14,000
BALLARD POWER SYSTEMS, INC. COMMON STOCK 05858H10 3,593 40,000 SH X 40,000
BANK UNITED CORP.-CL A COMMON STOCK 06541210 338 9,600 SH X 9,600
BAUSCH & LOMB INC COMMON STOCK 07170710 3,915 50,600 SH X 50,600
BELLSOUTH CORP COMMON STOCK 07986010 1,066 25,000 SH X 25,000
BEST BUY COMPANY INC COMMON STOCK 08651610 3,163 50,000 SH X 50,000
BJ SERVICES COMMON STOCK 05548210 500 8,000 SH X 8,000
BLUESTONE SOFTWARE COMMON STOCK 09623P10 629 24,500 SH X 24,500
BMC SOFTWARE INC COMMON STOCK 05592110 2,736 75,000 SH X 75,000
BOEING COMMON STOCK 09702310 6,535 156,300 SH X 156,300
BORDERS GROUP INC COMMON STOCK 09970910 4,669 300,000 SH X 300,000
BOSTON COMMUNICATIONS GROUP COMMON STOCK 10058210 840 60,000 SH X 60,000
BP AMOCO PLC -SPONS ADR COMMON STOCK 05562210 1,391 24,600 SH X 24,600
BRAUNS FASHIONS CORP COMMON STOCK 10565810 697 19,000 SH X 19,000
BRISTOL MYERS SQUIBB COMMON STOCK 11012210 8,551 146,800 SH X 146,800
BROADCOM CORP -CL A COMMON STOCK 11132010 1,095 5,000 SH X 5,000
BROADVISION INC. COMMON STOCK 11141210 1,113 21,905 SH X 21,905
CALLAWAY GOLF CO COMMON STOCK 13119310 246 15,100 SH X 15,100
CARRIER ACCESS CORP COMMON STOCK 14446010 344 6,500 SH X 6,500
CDW COMPUTER CENTERS, INC. COMMON STOCK 12512910 4,375 70,000 SH X 70,000
CELLSTAR CORPORATION COMMON STOCK 15092510 389 140,000 SH X 140,000
CH ENERGY GROUP, INC. COMMON STOCK 12541M10 255 7,500 SH X 7,500
CICUIT CITY STORES, INC. COMMON STOCK 17273710 2,370 71,400 SH X 71,400
CIENA CORP COMMON STOCK 17177910 1,250 7,500 SH X 7,500
CIGNA CORP COMMON STOCK 12550910 7,480 80,000 SH X 80,000
CISCO SYSTEMS INC COMMON STOCK 17275R10 14,079 221,500 SH X 221,500
CITIGROUP INC COMMON STOCK 17296710 952 15,800 SH X 15,800
CITRIX SYSTEMS INC COMMON STOCK 17737610 1,466 77,400 SH X 77,400
CMGI INC COMMON STOCK 12575010 1,833 40,000 SH X 40,000
CMP GROUP INC COMMON STOCK 12588710 440 15,000 SH X 15,000
COCA-COLA CO COMMON STOCK 19121610 4,308 75,000 SH X 75,000
COCA-COLA ENTERPRISE COMMON STOCK 19121910 4,078 250,000 SH X 250,000
COM21 INC. COMMON STOCK 20593710 250 10,000 SH X 10,000
COMCAST SPEC CL A COMMON STOCK 20030020 4,050 100,000 SH X 100,000
COMERICA INC COMMON STOCK 20034010 3,366 75,000 SH X 75,000
COMPAQ COMPUTER CORP COMMON STOCK 20449310 5,113 200,000 SH X 200,000
COMPUWARE CORP COMMON STOCK 20563810 934 90,000 SH X 90,000
CONAGRA INC COMMON STOCK 20588710 1,998 104,800 SH X 104,800
CONEXANT SYSTEMS, INC. COMMON STOCK 20714210 1,994 41,000 SH X 41,000
CONSOLIDATED EDISON, INC. COMMON STOCK 20911510 741 25,000 SH X 25,000
CONSOLIDATED STORES CORP. COMMON STOCK 21014910 1,800 150,000 SH X 150,000
COPART INC COMMON STOCK 21720410 320 20,000 SH X 20,000
COPPER MOUNTAIN NETWORKS, INC. COMMON STOCK 21751010 705 8,000 SH X 8,000
CORNING INC COMMON STOCK 21935010 6,747 25,000 SH X 25,000
COSTCO COMPANIES, INC. COMMON STOCK 22160K10 3,455 104,700 SH X 104,700
COVAD COMMUNICATIONS GROUP COMMON STOCK 22281420 439 27,250 SH X 27,250
COVANCE INC COMMON STOCK 22281610 251 28,500 SH X 28,500
CREDENCE SYSTEMS COMMON STOCK 22530210 3,085 55,900 SH X 55,900
CSG SYSTEMS INTL, INC. COMMON STOCK 12634910 3,644 65,000 SH X 65,000
CYTYC CORPORATION COMMON STOCK 23294610 3,469 65,000 SH X 65,000
DELL COMPUTER CORP COMMON STOCK 24702510 4,931 100,000 SH X 100,000
DIEBOLD INC COMMON STOCK 25365110 2,788 100,000 SH X 100,000
DIGI INTERNATIONAL, INC. COMMON STOCK 25379810 107 16,400 SH X 16,400
DIGITAL GENERATION SYSTEMS COMMON STOCK 25392110 275 40,700 SH X 40,700
DIVERSINET CORP. COMMON STOCK 25536K20 119 10,000 SH X 10,000
DORAL FINANCIAL CORP. COMMON STOCK 25811P10 283 24,700 SH X 24,700
DU PONT (E I) DE NEMOURS COMMON STOCK 26353410 2,844 65,000 SH X 65,000
DUKE POWER COMPANY COMMON STOCK 26439910 564 10,000 SH X 10,000
EASTMAN KODAK COMMON STOCK 27746110 3,868 65,000 SH X 65,000
ECHOSTAR COMMUN CORP COMMON STOCK 27876210 497 15,000 SH X 15,000
EDISON INTERNATIONAL COMMON STOCK 28102010 410 20,000 SH X 20,000
ENRON CORP COMMON STOCK 29356110 1,335 20,700 SH X 20,700
EQUINOX COMMON STOCK 29443610 300 50,000 SH X 50,000
ERICSSON (LM) - ADR COMMON STOCK 29482140 200 10,000 SH X 10,000
ESENJAY EXPLORATION COMMON STOCK 29642610 431 135,200 SH X 135,200
EXPRESS SCRIPTS INC COMMON STOCK 30218210 3,728 60,000 SH X 60,000
EXTREME NETWORKS INC COMMON STOCK 30226D10 707 6,700 SH X 6,700
EXXON CORP COMMON STOCK 30231G10 5,299 67,500 SH X 67,500
FAIR ISAAC & COMPANY COMMON STOCK 30325010 757 17,200 SH X 17,200
FAIRCHILD SEMICON INTERNATIONAL CL A COMMON STOCK 30372610 243 6,000 SH X 6,000
FDX CORP COMMON STOCK 31428X10 1,900 50,000 SH X 50,000
FILENET CORP COMMON STOCK 31686910 248 13,500 SH X 13,500
FORRESTER RESEARCH, INC. COMMON STOCK 34656310 408 5,600 SH X 5,600
FORT JAMES CORP. COMMON STOCK 34747110 3,566 154,200 SH X 154,200
FOUNDRY NETWORKS, INC. COMMON STOCK 35063R10 332 3,000 SH X 3,000
FPL GROUP, INC COMMON STOCK 30257110 891 18,000 SH X 18,000
FREEPORT-MCMORAN COPPER-B COMMON STOCK 35671D85 95 10,300 SH X 10,300
FUTURELINK CORP COMMON STOCK 36114Q20 1,438 200,000 SH X 200,000
GENERAL ELECTRIC CO COMMON STOCK 36960410 14,575 275,000 SH X 275,000
GENERAL MOTORS CORP COMMON STOCK 37044210 4,691 80,800 SH X 80,800
GENERAL MOTORS-CL H COMMON STOCK 37044283 439 5,000 SH X 5,000
GOODYEAR TIRE & RUBBER CO COMMON STOCK 38255010 310 15,500 SH X 15,500
GRAINGER (W.W.) INC. COMMON STOCK 38480210 2,311 75,000 SH X 75,000
GTE CORP COMMON STOCK 36232010 498 8,000 SH X 8,000
GUIDANT CORP COMMON STOCK 40169810 1,238 25,000 SH X 25,000
H&R BLOCK, INC. COMMON STOCK 09367110 3,238 100,000 SH X 100,000
HANGER ORTHOPEDIC GROUP, INC. COMMON STOCK 41043F20 74 15,000 SH X 15,000
HARLEY DAVIDSON INC COMMON STOCK 41282210 3,958 102,800 SH X 102,800
HARMONIC INC COMMON STOCK 41316010 3,094 125,000 SH X 125,000
HASBRO, INC. COMMON STOCK 41805610 2,259 150,000 SH X 150,000
HIBERNIA CORPORATION CLASS A COMMON STOCK 42865610 174 16,000 SH X 16,000
HOME DEPOT, INC. COMMON STOCK 43707610 4,275 85,600 SH X 85,600
HONEYWELL INTL INC COMMON STOCK 43851610 4,295 127,500 SH X 127,500
HOST MARRIOT CORP COMMON STOCK 44107P10 3,281 350,000 SH X 350,000
HUMANA INC. COMMON STOCK 44485910 3,656 750,000 SH X 750,000
I SHARE RUSSELL 2000 INDEX FUND COMMON STOCK 46428765 217 2,100 SH X 2,100
IDT CORP COMMON STOCK 44894710 255 7,500 SH X 7,500
INFORMIX CORP COMMON STOCK 45677910 1,859 250,000 SH X 250,000
INTEL CORPORATION COMMON STOCK 45814010 6,684 50,000 SH X 50,000
INTERNATIONAL PAPER COMMON STOCK 46014610 3,279 110,000 SH X 110,000
INTERPUBLIC GROUP COMMON STOCK 46069010 2,150 50,000 SH X 50,000
INTERVOICE-BRITE INC COMMON STOCK 46114210 427 65,000 SH X 65,000
INTL BUSINESS MACHINES CORP. COMMON STOCK 45920010 12,052 110,000 SH X 110,000
INTL GAME TECHNOLOGY COMMON STOCK 45990210 1,855 70,000 SH X 70,000
IPALCO ENTERPRISES, INC. COMMON STOCK 46261310 352 17,500 SH X 17,500
JOHNSON & JOHNSON COMMON STOCK 47816010 5,094 50,000 SH X 50,000
JONES MEDICAL INDS COMMON STOCK 48023610 300 7,500 SH X 7,500
KIMBERLY-CLARK CORP COMMON STOCK 49436810 4,303 75,000 SH X 75,000
KNIGHT/TRIMARK GROUP, INC. COMMON STOCK 49906310 1,565 52,500 SH X 52,500
K-SWISS, INC. COMMON STOCK 48268610 478 30,000 SH X 30,000
LANCE INC COMMON STOCK 51460610 180 20,000 SH X 20,000
LEHMAN BROTHERS HOLDINGS, INC. COMMON STOCK 52490810 2,686 28,400 SH X 28,400
LILLY (ELI) & CO COMMON STOCK 53245710 2,247 22,500 SH X 22,500
LIMITED INC COMMON STOCK 53271610 474 21,900 SH X 21,900
LOCKHEED MARTIN CORP COMMON STOCK 53983010 3,722 150,000 SH X 150,000
LOWES COS COMMON STOCK 54866110 2,053 50,000 SH X 50,000
LSB IND 3.25 CV PFD NON VOTING CONVERTIBLE 50216050 2,325 422,700PRN X 422,700
LUCENT TECHNOLOGIES COMMON STOCK 54946310 9,036 152,500 SH X 152,500
LYCOS, INC. COMMON STOCK 55081810 2,430 45,000 SH X 45,000
MACROMEDIA INC COMMON STOCK 55610010 5,473 56,600 SH X 56,600
MARCHFIRST INC. COMMON STOCK 56624410 3,468 190,000 SH X 190,000
MCDONALD'S CORP COMMON STOCK 58013510 3,294 100,000 SH X 100,000
MCLEODUSA INC- CL A COMMON STOCK 58226610 952 46,000 SH X 46,000
MEDTRONIC INC COMMON STOCK 58505510 1,494 30,000 SH X 30,000
MERCK & CO., INC. COMMON STOCK 58933110 3,831 50,000 SH X 50,000
MERIDITH CORP COMMON STOCK 58943310 2,531 75,000 SH X 75,000
METRICOM INC COMMON STOCK 59159610 2,788 100,000 SH X 100,000
METTLER-TOLEDO INTL, INC. COMMON STOCK 59268810 1,056 26,400 SH X 26,400
MICRON TECH COMMON STOCK 59511210 1,761 20,000 SH X 20,000
MICROSOFT CORP COMMON STOCK 59491810 19,496 243,700 SH X 243,700
MINNESOTA MINING & MFG CO COMMON STOCK 60405910 6,287 76,200 SH X 76,200
MORGAN (J P) & CO COMMON STOCK 61688010 6,145 55,800 SH X 55,800
MORGAN STANLEY DEAN WITTER COMMON STOCK 61744644 2,431 29,200 SH X 29,200
MOTOROLA, INC. COMMON STOCK 62007610 3,705 127,500 SH X 127,500
NEORX CORP $2.4375 CV PFD NO VOTE CONVERTIBLE 64052020 3,308 139,277PRN X 139,277
NET2PHONE INC COMMON STOCK 64108N10 542 15,200 SH X 15,200
NETEGRITY, INC. COMMON STOCK 64110P10 535 7,100 SH X 7,100
NEW ERA OF NETWORKS, INC. COMMON STOCK 64431210 3,613 85,000 SH X 85,000
NEXTEL COMMUNICATION, INC. A COMMON STOCK 65332V10 1,163 19,000 SH X 19,000
NEXTEL PARTNERS, INC. CLASS A COMMON STOCK 65333F10 244 7,500 SH X 7,500
NEXTLINK COMM INC - CL A COMMON STOCK 65333H70 4,663 122,900 SH X 122,900
NOBLE AFFILIATES INC COMMON STOCK 65489410 2,894 77,700 SH X 77,700
NOKIA CORP ADR A COMMON STOCK 65490220 449 9,000 SH X 9,000
NORFOLK SOUTHERN CORP. COMMON STOCK 65584410 1,116 75,000 SH X 75,000
NORTEL NETWORKS CORP HOLDINGS CO COMMON STOCK 65656810 7,677 112,481 SH X 112,481
NORTHEAST UTILITIES COMMON STOCK 66439710 544 25,000 SH X 25,000
NORTHPOINT COMMUNICATIONS COMMON STOCK 66661010 224 20,000 SH X 20,000
NOVELL, INC. COMMON STOCK 67000610 2,775 300,000 SH X 300,000
NSTAR COMMON STOCK 67019E10 500 12,300 SH X 12,300
NUI CORPORATION COMMON STOCK 62943010 203 7,500 SH X 7,500
OFFICE DEPOT INC COMMON STOCK 67622010 93 14,800 SH X 14,800
OMI CORP COMMON STOCK Y6476W10 234 43,000 SH X 43,000
ON ASSIGNMENT INC COMMON STOCK 68215910 763 25,000 SH X 25,000
ORACLE CORPORATION COMMON STOCK 68389X10 3,783 45,000 SH X 45,000
PALL CORP COMMON STOCK 69642930 1,850 100,000 SH X 100,000
PARAMETRIC TECHNOLOGY CORP. COMMON STOCK 69917310 10,474 952,200 SH X 952,200
PEOPLES ENERGY CORP COMMON STOCK 71103010 233 7,200 SH X 7,200
PER-SE TECHNOLOGIES, INC. COMMON STOCK 71356930 181 19,300 SH X 19,300
PHARMACIA CORP COMMON STOCK 71713U10 2,677 51,800 SH X 51,800
PIER 1 IMPORTS INC COMMON STOCK 72027910 98 10,000 SH X 10,000
PINNACLE WEST CORP. COMMON STOCK 72348410 2,297 67,800 SH X 67,800
PITNEY BOWES, INC. COMMON STOCK 72447910 2,104 52,600 SH X 52,600
POLYCOM INC COMMON STOCK 73172K10 630 6,700 SH X 6,700
POTOMAC ELECTRIC POWER COMMON STOCK 73767910 300 12,000 SH X 12,000
POWERWAVE TECHNOLOGIES, INC. COMMON STOCK 73936310 2,665 60,563 SH X 60,563
PPG INDUSTRIES INC COMMON STOCK 69350610 5,065 114,300 SH X 114,300
PROCTOR & GAMBLE CO COMMON STOCK 74271810 4,008 70,000 SH X 70,000
PROGRESS SOFTWARE CORP. COMMON STOCK 74331210 764 42,600 SH X 42,600
PROXIM INC COMMON STOCK 74428410 2,276 23,000 SH X 23,000
PSINET INC COMMON STOCK 74437C10 402 16,000 SH X 16,000
QUALCOMM INC COMMON STOCK 74752510 3,600 60,000 SH X 60,000
QUANTUM CORPORATION DLT & STORAGE COMMON STOCK 74790620 194 20,000 SH X 20,000
QUEST DIAGNOSTICS, INC. COMMON STOCK 74834L10 701 9,800 SH X 9,800
QUESTAR CORP COMMON STOCK 74835610 194 10,000 SH X 10,000
QWEST COMMUNICATIONS INTL COMMON STOCK 74912110 5,714 115,000 SH X 115,000
RATIONAL SOFTWARE CORP. COMMON STOCK 75409P20 3,718 40,000 SH X 40,000
RAYONIER INC COMMON STOCK 75490710 1,614 45,000 SH X 45,000
RAYTHEON CO CLASS B COMMON STOCK 75511140 1,925 100,000 SH X 100,000
RCN CORPORATION COMMON STOCK 74936110 355 14,000 SH X 14,000
REPUBLIC BANCORP INC COMMON STOCK 76028210 268 30,000 SH X 30,000
RESEARCH IN MOTION COMMON STOCK 76097510 339 7,500 SH X 7,500
RF MICRO DEVICES INC COMMON STOCK 74994110 1,314 15,000 SH X 15,000
RGS ENERGY GROUP, INC. COMMON STOCK 74956K10 260 11,700 SH X 11,700
ROGERS COMMUNICATION CLASS B COMMON STOCK 77510920 485 17,000 SH X 17,000
ROSS STORES INC COMMON STOCK 77829610 222 13,000 SH X 13,000
ROYAL CARIBBEAN CRUISES LTD-ADR COMMON STOCK V7780T10 1,388 75,000 SH X 75,000
SBC COMMUNICATIONS COMMON STOCK 78387G10 865 20,000 SH X 20,000
SCIENTIFIC-ATLANTA, INC. COMMON STOCK 80865510 5,588 75,000 SH X 75,000
SEITEL INC COMMON STOCK 81607430 284 35,000 SH X 35,000
SILICON STORAGE TECHNOLOGY COMMON STOCK 82705710 512 5,800 SH X 5,800
SKYWEST INC COMMON STOCK 83087910 526 14,200 SH X 14,200
SMURFIT-STONE CONTAINER CORP. COMMON STOCK 83272710 1,931 150,000 SH X 150,000
SPEEDUS.COM INC. COMMON STOCK 84772310 74 12,500 SH X 12,500
SPRINT FON GROUP COMMON STOCK 85206110 510 10,000 SH X 10,000
STATION CASINOS INC COMMON STOCK 85768910 525 21,000 SH X 21,000
SUNOCO, INC. COMMON STOCK 86764P10 736 25,000 SH X 25,000
SWIFT TRANSPORTATION CO, INC. COMMON STOCK 87075610 560 40,000 SH X 40,000
SYCAMORE NETWORKS, INC. COMMON STOCK 87120610 3,256 29,500 SH X 29,500
TALK.COM INC COMMON STOCK 87426410 145 25,000 SH X 25,000
TECO ENERGY, INC. COMMON STOCK 87237510 602 30,000 SH X 30,000
TEKELEC COMMON STOCK 87910110 2,352 48,800 SH X 48,800
TELETECH HOLDINGS COMMON STOCK 87993910 485 15,600 SH X 15,600
TENET HEALTHCARE CORP. COMMON STOCK 88033G10 2,700 100,000 SH X 100,000
TENNECO INC COMMON STOCK 88034910 341 65,000 SH X 65,000
TERADYNE INC COMMON STOCK 88077010 3,028 41,200 SH X 41,200
TEXAS UTILITIES CO COMMON STOCK 87316810 295 10,000 SH X 10,000
THE PMI GROUP, INC. COMMON STOCK 69344M10 242 5,100 SH X 5,100
THE WALT DISNEY CO COMMON STOCK 25468710 3,974 102,400 SH X 102,400
TITAN INTERNATIONAL, INC. COMMON STOCK 88830M10 122 23,000 SH X 23,000
TOPPS CO INC COMMON STOCK 89078610 391 34,000 SH X 34,000
TOYS 'R' US INC. COMMON STOCK 89233510 2,913 200,000 SH X 200,000
TRANSACTION SYSTEMS ARCHIT-A COMMON STOCK 89341610 1,713 100,000 SH X 100,000
TRANSOCEAN SEDCO FOREX, INC. COMMON STOCK G9007810 641 12,000 SH X 12,000
TURNSTONE SYSTEMS, INC. COMMON STOCK 90042310 530 3,200 SH X 3,200
TYCO INT'L LTD. COMMON STOCK 90212410 2,468 52,100 SH X 52,100
U S WEST, INC. COMMON STOCK 91273H10 3,859 45,000 SH X 45,000
UAL CORP COMMON STOCK 90254950 2,909 50,000 SH X 50,000
UNISOURCE ENERGY CORP. HLD CO COMMON STOCK 90920510 1,500 100,000 SH X 100,000
UNISYS CORP. COMMON STOCK 90921410 2,548 175,000 SH X 175,000
UNITED STATIONERS COMMON STOCK 91300410 715 22,100 SH X 22,100
UNOCAL CORP COMMON STOCK 91528910 2,153 65,000 SH X 65,000
UNOVA INC COMMON STOCK 91529B10 104 14,200 SH X 14,200
UNUMPROVIDENT CORP. COMMON STOCK 91529Y10 2,508 125,000 SH X 125,000
USG CORPORATION COMMON STOCK 90329340 2,278 75,000 SH X 75,000
USX-MARATHON GROUP COMMON STOCK 90290582 2,506 100,000 SH X 100,000
VENATOR GROUP INC COMMON STOCK 92294410 330 32,200 SH X 32,200
VERITY INC COMMON STOCK 92343C10 228 6,000 SH X 6,000
VISHAY INTRTECHNOLOGY COMMON STOCK 92829810 3,263 86,000 SH X 86,000
VITESSE SEMICONDUCT COMMON STOCK 92849710 4,156 56,500 SH X 56,500
VOICESTREAM WIRELESS CORP COMMON STOCK 92861510 1,744 15,000 SH X 15,000
WAL-MART STORES INC. COMMON STOCK 93114210 5,763 100,000 SH X 100,000
WASHINGTON GAS LIGHT COMMON STOCK 93883710 241 10,000 SH X 10,000
WENDY'S INTL INC COMMON STOCK 95059010 2,672 150,000 SH X 150,000
WESTELL TECHNOLOGIES COMMON STOCK 95754110 1,050 70,000 SH X 70,000
WESTERN WIRELESS COMMON STOCK 95988E20 916 16,800 SH X 16,800
WINSTAR COMM. COMMON STOCK 97551510 864 25,500 SH X 25,500
WISCONSIN ENERGY COMMON STOCK 97665710 396 20,000 SH X 20,000
WORLD ACCESS, INC COMMON STOCK 98141A10 2,489 225,000 SH X 225,000
WORLDCOM INC. COMMON STOCK 98157D10 1,424 31,047 SH X 31,047
WORTHINGTON INDUST. COMMON STOCK 98181110 1,838 175,000 SH X 175,000
XEROX COMMON STOCK 98412110 3,631 175,000 SH X 175,000
XILINX INC COMMON STOCK 98391910 3,715 45,000 SH X 45,000
XIRCOM, INC. COMMON STOCK 98392210 770 16,200 SH X 16,200
603,446
</TABLE>
