UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Jun. 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: Froley, Revy Investment Co., Inc.
Address: 10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024
13F File Number: 28-10672_
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: Dave Johnson
Title: C.O.O. ___
Phone: 310 208-4938_
Signature, Place, and Date of Signing:
Dave Johnson Los Angeles Jul 26, 2000
Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 231
Form 13F Information Table Value Total: $2,644,964
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE> <C> <C> <C> <C> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTORITY
NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- --------
ADT / TYCO OPERATIONS INC CVT 0.000% 07-06-2000945AC9 2113 825000 SH DEFINED 0 0 825000
ACT MANUFACTURING CSN 144A 7.000% 04-15-2000973AA5 11400 9175000 SH DEFINED 0 0 9175000
AES CORP TRUST CVT PFD 144A 6.00% / $3.00 00103V206 18358 310500 SH DEFINED 0 0 310500
AES CORPORATION CSD 4.500% 08-15-200130HAN5 10675 6100000 SH DEFINED 0 0 6100000
AT&T CORP NEW LIBERTY MEDIA GROUP CL A TRACKI001957208 574 23652 SH DEFINED 0 0 23652
ASM LITHOGRAPHY CSN 144A 4.250% 11-30-200400207EAB6 21933 16460000 SH DEFINED 0 0 16460000
ACKERLY GROUP INC COM 004527107 118 10000 SH DEFINED 0 0 10000
ADELPHIA COMMUN CVT PFD 5.50% / $11.00 006848402 18944 129955 SH DEFINED 0 0 129955
ADVANCED ENERGY CVT SUB NOTES 5.250% 11-15-2007973AA8 7558 5575000 SH DEFINED 0 0 5575000
AES TRUST III TR CVT PFD 6.75% / $3.375 00808N202 1902 26320 SH DEFINED 0 0 26520
AETHER SYSTEMS INC CSN 6.000% 03-22-200808VAA3 1904 1800000 SH DEFINED 0 0 1800000
AFFILIATED COMP SERV CSN 4.000% 03-15-2008190AD2 16355 16774000 SH DEFINED 0 0 16774000
AKAMAI TECHNOLOGIES CSN 144A 5.500% 07-01-200971TAA9 18119 15355000 SH DEFINED 0 0 15355000
ALLIANT ENERGY PHONES 144A 7.25% / $4.9118 (018803205 30513 445445 SH DEFINED 0 0 445445
ALZA CORPORATION LYON 0.000% 07-14-2022615AC2 6948 8936000 SH DEFINED 0 0 8936000
ALZA CORPORATION CSD 5.000% 05-01-2022615AD0 47865 31910000 SH DEFINED 0 0 31910000
AMDOCS CVT ACES 6.75% / $1.514 0902342R202 2774 43950 SH DEFINED 0 0 43950
AMERICA ONLINE CSN 0.000% 12-06-202364JAC8 1284 2550000 SH DEFINED 0 0 2550000
AIG GROUP CVT EX EQ LNK NTS II 0.500% 05-15-2026874AN7 39947 40300000 SH DEFINED 0 0 40300000
AIG GROUP CSN 2.250% 07-30-202687QAH1 11380 6835000 SH DEFINED 0 0 6835000
AMERICAN TOWER CVT NTS 144A 5.000% 02-15-2029912AE2 16300 16000000 SH DEFINED 0 0 16000000
AMERICAN TOWER CSN 5.000% 02-15-2029912AF9 1070 1050000 SH DEFINED 0 0 1050000
AMKOR TECHNOLOGY CSN 144A 5.000% 03-15-2031652AF7 1813 1995000 SH DEFINED 0 0 1995000
ANADARKO PETROLEUM CVT SUB NTS 0.000% 03-07-2032511AP2 34350 53050000 SH DEFINED 0 0 53050000
APACHE CORPORATION CVT ACES 6.50% / $2.015 05037411600 24924 481625 SH DEFINED 0 0 481625
APPLIED MATERIALS INC COM 038222105 1498 16533 SH DEFINED 0 0 16533
AT HOME CORP CSN 144A 4.750% 12-15-2045919AD9 21145 30100000 SH DEFINED 0 0 30100000
ATHENA NEURO/ELAN EXCH NT 4.750% 11-15-2046854AB1 9238 6575000 SH DEFINED 0 0 6575000
ATMEL CORPORATION CSN 0.000% 04-21-2049513AC8 1510 1442000 SH DEFINED 0 0 1442000
AUTOMATIC DATA PROCESS CVT 0.000% 02-20-2053015AC7 19722 14112000 SH DEFINED 0 0 14112000
BANK AMERICA TECH BSKT CVT NTS 0.250% 09-07-206050MAC1 29134 11425000 SH DEFINED 0 0 11425000
BEA SYSTEMS INC CSN 144A 4.000% 12-15-200073325AC6 20176 12780000 SH DEFINED 0 0 12780000
BELL ATLANTIC/CWZ CSN EURO 4.250% 09-15-2077853ADT 4774 3921000 SH DEFINED 0 0 3921000
BELL ATLANTIC/NZT CSN EURO 5.750% 04-01-2077853AET 263 270000 SH DEFINED 0 0 270000
BELL ATLANTIC/CWZ CSN 144A 4.250% 09-15-207785GAC4 8279 6800000 SH DEFINED 0 0 6800000
BERKSHIRE HATHAWAY SR EXCH NTS 1.000% 12-03-2084670AF5 27483 10012000 SH DEFINED 0 0 10012000
BROADWING INC CVT PFD 6.75% / $3.375 111620407 10172 216425 SH DEFINED 0 0 216425
CNET INCORPORATED CSN 144A 5.000% 03-01-2125945AA3 975 1140000 SH DEFINED 0 0 1140000
CNET INCORPORATED CSN 5.000% 03-01-2125945AC9 3535 4135000 SH DEFINED 0 0 4135000
CNB CAPITAL TRUST CVT PFD 6.00% / $1.50 12613G207 794 25420 SH DEFINED 0 0 25420
CUC INTERNATIONAL INC CSN 3.00% 02-15-20126545AD4 282 310000 SH DEFINED 0 0 310000
CVS CORP TR AUTOMATIC COM EX 6.0% / $4.23 (TRA126645209 1690 23860 SH DEFINED 0 0 23860
CALPINE CORP CVT PFD TIDES 5.75% / $2.875 131346207 27270 230615 SH DEFINED 0 0 230615
CANADIAN NATL RAILWAY CVT PFD 5.25% / $2.625 136375409 1239 27225 SH DEFINED 0 0 27225
CENTOCOR INC CSN 144A 4.750% 02-15-2152342AC5 20073 14625000 SH DEFINED 0 0 14625000
CENTOCOR / JNJ INC CSN 4.750% 02-15-2152342AE1 54218 39503000 SH DEFINED 0 0 39503000
CHAMPION INTERNATIONAL CORP COM 158525105 259 3553 SH DEFINED 0 0 3553
CHECKFREE HLDGS CSN 144A 6.500% 12-01-2162816AA0 13381 13975000 SH DEFINED 0 0 13975000
CITIGROUP INC COM 172967101 284 4709 SH DEFINED 0 0 4709
CLEAR CHANNEL COMM INC CSN 2.625% 04-01-2184502AB8 15155 11737000 SH DEFINED 0 0 11737000
CLEAR CHANNEL COMM CSN 1.500% 12-01-2184502AE2 26958 27438000 SH DEFINED 0 0 27438000
COMMSCOPE CVT SUB NTS 144A 4.000% 12-15-2203372AA5 7966 7325000 SH DEFINED 0 0 7325000
COMMSCOPE CVT SUB NOTES 4.000% 12-15-2203372AB3 11637 10701000 SH DEFINED 0 0 10701000
COMVERSE TECH INC COM 205862402 227 2441 SH DEFINED 0 0 2441
COMVERSE TECH INC CSN 144A 4.500% 07-01-2205862AF2 19242 4417000 SH DEFINED 0 0 4417000
CONEXANT SYSTEMS INC CSN 4.250% 05-01-2207142AB6 1902 862000 SH DEFINED 0 0 862000
CONEXANT SYSTEMS CSN 144A 4.000% 02-01-2207142AD2 17190 22180000 SH DEFINED 0 0 22180000
CONEXANT SYSTEMS CSN 4.000% 02-01-2207142AF7 3096 3995000 SH DEFINED 0 0 3995000
CORR THERAPEUTICS CSN 144A 5.000% 03-01-2217753AC6 14559 10735000 SH DEFINED 0 0 10735000
COSTCO COMPANIES INC CSN 144A 0.00% 08-19-2022160QAA0 9651 11915000 SH DEFINED 0 0 11915000
COSTCO COMPANIES INC CSN 0.00% 08-19-2022160QAC6 12790 15790000 SH DEFINED 0 0 15790000
COX COMMUNICATIONS CVT PRIDES 7.00% / $3.50 08/224044305 15836 257765 SH DEFINED 0 0 257765
COX COMM/EXCH PCS CVT (PRIZES) 7.75% / $6.85875 224044503 1881 16950 SH DEFINED 0 0 16950
CREGEM /ING FINANCE CSN EURO 2.750% 01-06-2225301AAT 9772 7905000 SH DEFINED 0 0 7905000
CREDENCE SYSTEMS CORP CSN 5.250% 09-15-2225302AC2 4062 2475000 SH DEFINED 0 0 2475000
CREDIT SUISSE/MICROSOFT NOTES 1.000% 04-08-22254C0AM9 5549 6200000 SH DEFINED 0 0 6200000
CREDIT SUISSE / MERCK EXCH CVT 1.000% 01-19-22254C0AS6 4714 4750000 SH DEFINED 0 0 4750000
CRITICAL PATH CSN 144A 5.750% 04-01-222674VAA8 11938 14405000 SH DEFINED 0 0 14405000
CYMER STEP UP CSN 3.50% 08-06-20232572AC1 11198 9976000 SH DEFINED 0 0 9976000
CYPRESS SEMICONDUCTORS CSN 4.000% 02-01-2232806AE9 32861 28207000 SH DEFINED 0 0 28207000
MSDW COMPETITIVE EDGE / B FUND 241941202 115 10020 SH DEFINED 0 0 10020
METROMEDIA FIBER NETWKS DECS 6.250% / $2.4624366Q209 1203 17527 SH DEFINED 0 0 17527
DEUTSCHE BANK/DISNEY EXCH CVTS 1.000% 01-14-225153EBG5 9766 9470000 SH DEFINED 0 0 9470000
DEVON ENERGY CORP CVT SUB NTS 4.900% 08-15-225179MAA1 614 646000 SH DEFINED 0 0 646000
DEVON ENERGY CORP CVT SR DEB 4.950% 08-15-225179MAB9 9228 9650000 SH DEFINED 0 0 9650000
DIAMOND OFFSHORE CSN 3.750% 02-15-225271CAA0 30105 29371000 SH DEFINED 0 0 29371000
DIGITAL ISLAND CVT SUB NOTES 6.000% 02-15-225385NAA9 8985 12632000 SH DEFINED 0 0 12632000
EMC CORPORATION MASS COM 268648102 5745 74668 SH DEFINED 0 0 74718
EVI / WEATHERFORD INTL CSD 5.00% 11/01/2027 268939402 32753 715905 SH DEFINED 0 0 715905
EFFICIENT NETWORKS CSN 144A 5.000% 03-15-2282056AA8 7293 9660000 SH DEFINED 0 0 9660000
EL PASO ENERGY CAP CVT PFD 4.75% / $2.375 283678209 17377 273110 SH DEFINED 0 0 273110
ELAN FINANCE CORP CVT LYON 0.000% 12-14-2284129AC7 18108 25020000 SH DEFINED 0 0 25020000
ENRON CORP EXCH/(EOG) NOTES 7.00% / $1.5575 D293561882 30457 982495 SH DEFINED 0 0 982495
ENRON CORP NW EXCH TR SEC 144A 3.50% 9/1/2004 29356PAA1 2365 800000 SH DEFINED 0 0 800000
SALOMON/EX CERT (TEL) CVT 144A 0.250% 07-17-230149TAB1 3125 2900000 SH DEFINED 0 0 2900000
FINISAR CORPORATION COM 31787A101 616 23535 SH DEFINED 0 0 23535
FINLAYSON GLBL/SINGAPORE EURO 0.000% 02-19-231805999T 10914 5350000 SH DEFINED 0 0 5350000
FINMECCANICA CVT 144A (EUROCR) 2.000% 06-08-2318073RRT 3152 1693770 SH DEFINED 0 0 1693770
GENZYME CORPORATION CSN 5.250% 06-01-2372917AF1 13991 8492000 SH DEFINED 0 0 8492000
GEORGIA PACIFIC CVT PEPS 7.50% / 3.75 08/1373298801 2144 67000 SH DEFINED 0 0 67000
GETTY IMAGES CSN 144A 5.000% 03-15-2374276AD5 6962 8300000 SH DEFINED 0 0 8300000
GLOBAL CROSSING CVT PFD 144A 7.00% / $17.50 37932J301 4160 23275 SH DEFINED 0 0 23275
GOLDMAN SACHS/GSTI INTERNT IDX 0.000% 11-23-238141GAE4 3236 3525000 SH DEFINED 0 0 3525000
GOLDMAN SACHS/EMC EXCH NTS 0.250% 03-22-238141GAM6 8642 7695000 SH DEFINED 0 0 7695000
GOLDMAN SACHS/ENRON EXCH 1.000% 05-25-238141GAP9 26016 28505000 SH DEFINED 0 0 28505000
HNC SOFTWARE CSN 4.750% 03-01-240425PAA5 10581 7425000 SH DEFINED 0 0 7425000
HEWLETT PACKARD CO CVT LYON 0.000% 10-14-2428236AC7 26825 28424000 SH DEFINED 0 0 28424000
ICO INC CVT PFD 6.75% / $1.6875 449293307 188 15000 SH DEFINED 0 0 15000
ITC DELTACOM INC CSN 144A 4.500% 05-15-245031TAJ3 6190 6175000 SH DEFINED 0 0 6175000
IMCLONE SYSTEMS CSN 144A 5.500% 03-01-245245WAA7 20304 22910000 SH DEFINED 0 0 22910000
INHALE THERAPEUTICS CSN 144A 5.000% 02-08-2457191AD6 18190 12720000 SH DEFINED 0 0 12720000
INHALE THERAPEUTICS CSN 5.000% 02-08-2457191AF1 4433 3100000 SH DEFINED 0 0 3100000
INTEL CORP COM 458140100 264 1975 SH DEFINED 0 0 1975
INTERPUBLIC GROUP CVT OID 144A 1.800% 09-16-2460690AD2 2596 2200000 SH DEFINED 0 0 2200000
INTERPUBLIC GROUP CVT OID 1.800% 09-16-2460690AF7 11405 9665000 SH DEFINED 0 0 9665000
INTERPUBLIC GROUP CSN OID 144A 1.870% 06-01-2460690AG5 3730 3880000 SH DEFINED 0 0 3880000
INTERPUBLIC GROUP CVT OID 1.870% 06-01-2460690AJ9 12136 12625000 SH DEFINED 0 0 12625000
I2 TECHNOLOGIES INC CSN 5.250% 12-15-2465754AF6 1881 1225000 SH DEFINED 0 0 1225000
JUNIPER NETWORKS CSN 4.750% 03-15-248203RAA2 56683 51008000 SH DEFINED 0 0 51008000
KN ENERGY INCORPORATED PEPS 8.250% / $3.547 1482620507 1792 38480 SH DEFINED 0 0 38480
KAUFMAN & BROAD HOME CORP CVT 8.25% / $0.825 PR486168503 2581 397000 SH DEFINED 0 0 397000
KERR MCGEE / DEVON ENERGY EXCH 5.50% / $1.8253 0492386305 24946 501430 SH DEFINED 0 0 501430
KERR-MCGEE CORP CVT SUB DEB 5.250% 02-15-2492386AP2 41789 36378000 SH DEFINED 0 0 36378000
KULICKE & SOFFA CSN 144A 4.750% 12-15-200501242AC5 3419 2360000 SH DEFINED 0 0 2360000
KULICKE & SOFFA CVT SUB NOTES 4.750% 12-15-2501242AE1 5853 4040000 SH DEFINED 0 0 4040000
LSI LOGIC CVT SUB NOTES 4.000% 02-15-2502161AE2 34255 32316000 SH DEFINED 0 0 32316000
LAMAR ADVERTISING CO CSD 5.250% 09-15-2512815AF8 1215 1097000 SH DEFINED 0 0 1097000
ESTEE LAUDER CO ACES TST II 6.25% / $5.406 02518438205 14552 161015 SH DEFINED 0 0 161015
LEHMAN BROS HLDG CVT PFD 5.00% / $1.955 SE524908506 1775 50000 SH DEFINED 0 0 50000
LEHMAN BROS / TEN UNCOMMON CVT 0.000% 07-06-2524908CA6 5834 5530000 SH DEFINED 0 0 5530000
LEHMAN BROS HLDGS/ JP EQT EXCH 0.250% 08-31-2524908CD0 9462 9000000 SH DEFINED 0 0 9000000
LEHMAN BROS/BIOTECH BSKT EXCH 0.250% 02-24-2524908CH1 17551 20030000 SH DEFINED 0 0 20030000
LEVEL ONE COMMUNICATIONS CSN 4.000% 09-01-2527295AC3 43497 10142000 SH DEFINED 0 0 10142000
LEVEL 3 COMMUNICATIONS CSN 6.000% 09-15-252729NAG5 12337 8280000 SH DEFINED 0 0 8280000
LEVEL 3 COMM CVT SUB NOTES 6.000% 03-15-252729NAS9 1640 1810000 SH DEFINED 0 0 1810000
LIBERTY MEDIA/ PCS EXCH 144A CSN 4.00% 11-15-2530715AF8 45867 32415000 SH DEFINED 0 0 32415000
LIBERTY MEDIA / PCS EXCH NTS 4.000% 11-15-2530715AG6 14610 10325000 SH DEFINED 0 0 10325000
LINCOLN NATIONAL CORP F PRIDES 7.75% / $1.9375 0534187604 8059 397990 SH DEFINED 0 0 397990
LOEWS CORP CSN 3.125% 09-15-2540424AL2 518 620000 SH DEFINED 0 0 620000
LUCENT TECHNOLOGIES COM 549463107 242 4085 SH DEFINED 0 0 6085
MALLON RESOURCES CORP NEW COM 561240201 2691 303200 SH DEFINED 0 0 323200
MEDIAONE GROUP INC COM 58440J104 19055 283608 SH DEFINED 0 0 283608
MEDIAONE GROUP/VOD CVT (PIES) 6.25% / $3.632 0858440J401 4761 52935 SH DEFINED 0 0 52935
MEDIAONE GROUP/VOD II CVT PIES 7.00% / $3.0408 158440J500 14430 356300 SH DEFINED 0 0 356300
MERRILL LYNCH STRYPES / CIBER 7.87% / $4.26 02/590188645 1539 51510 SH DEFINED 0 0 51510
MERRILL LYNCH / TWX CVT 0.250% 05-10-2590188JV1 1612 1535000 SH DEFINED 0 0 1535000
MERRILL LYNCH / PHARM BKT CVT 0.250% 04-27-259018S2T0 24273 15485000 SH DEFINED 0 0 15485000
METLIFE INC CVT ACES 8.00% / $4.00 05/59156R207 55677 809840 SH DEFINED 0 0 809840
METROCALL INC COM 591647102 443 49268 SH DEFINED 0 0 49268
MICROSOFT CORP COM 594918104 234 2925 SH DEFINED 0 0 2925
MILLENNIUM PHARM CSN 144A 5.500% 01-15-2599902AA1 2949 1960000 SH DEFINED 0 0 1960000
MILLENNIUM PHARM CSN 5.500% 01-15-2599902AB9 5521 3670000 SH DEFINED 0 0 3670000
MSDW MID CAP EQUITY TR FUND 616989208 278 7000 SH DEFINED 0 0 7000
MORGAN STANLEY / SUNW (PERQS) 6.00% / $0.3912 0617446240 102 11600 SH DEFINED 0 0 11600
MORGAN STANLEY / MCI WORLDCOM 6.00% / $0.513 03617446257 692 100615 SH DEFINED 0 0 100615
MORGAN STANLEY DEAN WITTER DISCOVER & CO 617446448 283 3400 SH DEFINED 0 0 3400
MORGAN STANLEY / MCI WORLDCOM 0.000% 03-02-2617446DH9 4050 4880000 SH DEFINED 0 0 4880000
MORGAN STANLEY / SUNW CSN 0.000% 05-30-2617446DJ5 6619 3050000 SH DEFINED 0 0 3050000
MORGAN STANLEY / CISCO EX NTS 0.000% 06-05-2617446DK2 12478 6745000 SH DEFINED 0 0 6745000
MORGAN STANLEY / FINC BSKT 2.000% 03-30-2617446DT3 15129 16400000 SH DEFINED 0 0 16400000
MOTOROLA INC CVT NOTE 0.000% 09-27-2620076AJ8 9206 9160000 SH DEFINED 0 0 9160000
NEORX CORP COM 640520300 1526 80860 SH DEFINED 0 0 80860
NEWFIELD FIN TRT CVT QUIPS 6.50% / $3.25 651291205 475 7975 SH DEFINED 0 0 7975
NEWS AMERICA HLDGS CVT 0.000% 03-11-2652478AS7 6603 6010000 SH DEFINED 0 0 6010000
NEXTEL COMMUN CVT SR NTS 144A 4.750% 07-01-265332VAR4 3978 1492000 SH DEFINED 0 0 1492000
NEXTEL COMM CVT SR NTS 144A 5.250% 01-15-265332VAW3 33998 32730000 SH DEFINED 0 0 32730000
NEXTEL COMM CVT SR NOTES 5.250% 01-15-265332VAY9 7572 7290000 SH DEFINED 0 0 7290000
OAK/CORNING INDUSTRIES CSN 4.875% 03-01-2671400AL3 67360 11664000 SH DEFINED 0 0 11664000
OMNICOM GROUP CSN 4.250% 01-03-2681919AE6 1413 500000 SH DEFINED 0 0 500000
OMNICOM GROUP CSD 144A 2.250% 01-06-2681919AF3 877 475000 SH DEFINED 0 0 475000
OMNICOM GROUP CSD 2.250% 01-06-2681919AG1 46058 24947000 SH DEFINED 0 0 24947000
PYR ENERGY CORP COM 693677106 2581 543400 SH DEFINED 0 0 543400
PARKER DRILLING CO CSN 5.50% 08-01-20701081AD3 605 747000 SH DEFINED 0 0 747000
PHOTRONICS INCORPORATED CSN 6.000% 06-01-2719405AA0 13783 12170000 SH DEFINED 0 0 12170000
PRIMUS TELECOM CSN 144A 5.750% 02-15-2741929AK9 7920 11000000 SH DEFINED 0 0 11000000
PROTECTIVE LIFE CO CAP TST II 6.5% / $3.25 02/1743674202 2059 45010 SH DEFINED 0 0 45010
PROTEIN DESIGN LABS CSN 144A 5.500% 02-15-274369LAA1 5004 3995000 SH DEFINED 0 0 3995000
PSINET CVT PFD 144A 7.00% / $3.50 74437C408 7871 231500 SH DEFINED 0 0 231500
RATIONAL SOFTWARE CORP CMN COM 75409P202 963 10365 SH DEFINED 0 0 10365
RATIONAL SOFTWARE CSN 144A 5.000% 02-01-275409PAA1 34055 23325000 SH DEFINED 0 0 23325000
REDBACK NETWORKS CSN 144A 5.000% 04-01-2757209AA9 21696 18990000 SH DEFINED 0 0 18990000
RELIANT ENERGY / TWX CVT ZENS 2% / $1.165 75952J207 22445 301775 SH DEFINED 0 0 301775
ROCHE HLDGS/EXC DNA LYONS 144A 0.000% 01-19-2771196AG7 8436 9220000 SH DEFINED 0 0 9220000
SCI SYSTEMS CSN 3.000% 03-15-2783890AF3 32931 33653000 SH DEFINED 0 0 33653000
ST PAUL CAPITAL LLC CVT PFD 6.00% / $3.00 MIP792856205 2469 41325 SH DEFINED 0 0 41325
SALOMON SMITH BARNEY/TELE CVT 0.250% 06-15-279548ECU4 27397 15370000 SH DEFINED 0 0 15370000
SALOMON/EX CERT (GE) CVT EURO 1.250% 04-28-279549B46T 5803 5540000 SH DEFINED 0 0 5540000
SALOMON/EX CERT (BMY) CVT EURO 1.250% 08-06-279549B47T 2100 2500000 SH DEFINED 0 0 2500000
SALOMON SMITH BARNEY HLD DEC C 6.25% / $3.48437579549B867 15056 118550 SH DEFINED 0 0 118550
SALOMON SMITH BARNEY/TECH BSKT 0.250% 04-18-279549BEQ6 9522 9945000 SH DEFINED 0 0 9945000
SAMSUNG ELECTRONICS CVT EURO 0.000% 12-31-2796050VVT 26818 8725000 SH DEFINED 0 0 8725000
SANMINA CORPORATION CSN 144A 4.250% 05-01-2800907AA5 36820 18410000 SH DEFINED 0 0 18410000
SANMINA CORP CSN 4.250% 05-01-2800907AB3 2930 1465000 SH DEFINED 0 0 1465000
SEAGRAM LTD CVT ACES 7.50% / $3.7598 0811850205 8384 155975 SH DEFINED 0 0 155975
SEACOR HOLDINGS INC CSN 5.375% 11-15-2811904AE1 6533 6500000 SH DEFINED 0 0 6500000
SEALED AIR CORP CVT PFD 4.00% / $2.00 SER81211K209 1949 38500 SH DEFINED 0 0 38500
SEPRACOR INCORPORATED CSD 144A 6.250% 02-15-2817315AC8 22905 4500000 SH DEFINED 0 0 4500000
SEPRACOR INCORPORATED CSD 6.250% 02-15-2817315AE4 5777 1135000 SH DEFINED 0 0 1135000
SEPRACOR INCORPORATED CSN 144A 7.000% 12-15-2817315AF1 2584 1280000 SH DEFINED 0 0 1280000
SEPRACOR INCORPORATED CSN 7.000% 12-15-2817315AH7 3369 1669000 SH DEFINED 0 0 1669000
SEPRACOR INC CSN 144A 5.000% 02-15-2817315AJ3 14352 9755000 SH DEFINED 0 0 9755000
SIEBEL SYSTEMS INC CSN 144A 5.500% 09-15-2826170AA0 24127 6730000 SH DEFINED 0 0 6730000
SOLECTRON CORP CSD LYON 144A 0.000% 01-27-2834182AG2 11141 16445000 SH DEFINED 0 0 16445000
SOLECTRON CORP CSD LYON 0.000% 01-27-2834182AJ6 12218 18034000 SH DEFINED 0 0 18034000
SOLECTRON CORP CSD LYON (II) 0.000% 05-08-2834182AK3 18940 29710000 SH DEFINED 0 0 29710000
STMICROELECTRONICS CVT 0.000% 06-10-2861012AA0 1774 515000 SH DEFINED 0 0 515000
STMICROELECTRONICS CSN LYONS 0.000% 09-22-2861012AB8 16087 9387000 SH DEFINED 0 0 9387000
SUN MICROSYSTEMS INC COM 866810104 350 3850 SH DEFINED 0 0 3850
SWISS LIFE FN/ROYAL DUTCH 144A 2.000% 05-20-2870883AB1 2242 2250000 SH DEFINED 0 0 2250000
SWISS LIFE FIN/MANNESMANN 144A 1.500% 05-20-2870883AC9 25888 11635000 SH DEFINED 0 0 11635000
SWISS LIFE FIN/GLAXO CSN EURO 2.000% 05-20-2870883GGT 1439 1450000 SH DEFINED 0 0 1450000
SWISS LIFE FIN/MANNESMANN EURO 1.500% 05-20-2870883GHT 3193 1435000 SH DEFINED 0 0 1435000
SYCAMORE NETWORKS INC COM 871206108 602 5450 SH DEFINED 0 0 5450
TCI PACIFIC COMM CVT PFD 5.00% / $5.00 872294202 22540 115626 SH DEFINED 0 0 115626
TECO ELECT & MACH EURO 0.000% 03-19-2872375TRT 1326 1200000 SH DEFINED 0 0 1200000
TXU CORP CVT (PRIDE) 9.25% / $4.625 8/873168207 17180 441920 SH DEFINED 0 0 441920
TEKELEC CSN O.I.D. 144A 3.250% 11-02-2879101AA1 3921 1420000 SH DEFINED 0 0 1420000
TELEFONOS DE MEXICO CSD 4.250% 06-15-2879403AD5 1757 1309000 SH DEFINED 0 0 1309000
TEXACO CAPITAL CVT NOTE EURO 3.500% 08-05-2881694ACT 1283 1350000 SH DEFINED 0 0 1350000
TIME WARNER INC COM 887315109 9619 126569 SH DEFINED 0 0 126569
TIMES MIRROR (AOL) PEPS 4.25% / $1.668 03887364503 215 2600 SH DEFINED 0 0 2600
TRIBUNE COMPANY / AOL (PHONES) 2.000% 05-15-2896047305 23262 205860 SH DEFINED 0 0 205860
TRIKON TECHNOLOGIES INC (NEW) COM 896187408 4100 215777 SH DEFINED 0 0 215777
TRIQUINT SEMICONDUCTORS 144A 4.000% 03-01-289674KAA1 15178 17150000 SH DEFINED 0 0 17150000
TRIQUINT SEMICONDUCTORS CSN 4.000% 03-01-289674KAB9 221 250000 SH DEFINED 0 0 250000
UBS JERSEY/SONY EXCH NTS EURO 1.000% 05-05-290261799T 1510 1135000 SH DEFINED 0 0 1135000
ULTRAMAR DIAMOND SHAMROCK COM 904000106 774 31200 SH DEFINED 0 0 31200
U.S. CELLULAR CORP LYONS 0.000% 06-15-2911684AA6 9365 15544000 SH DEFINED 0 0 15544000
UNOCAL CORP CVT PFD 6.25% / $3.125 91528T207 14761 315750 SH DEFINED 0 0 315750
VALERO ENERGY CVT PEPS 7.75% / $1.9375 891821D107 2085 80000 SH DEFINED 0 0 80000
VERITAS SOFTWARE CSN OID 1.856% 08-13-292343RAA1 21896 6880000 SH DEFINED 0 0 6880000
VIATEL INC CVT PFD 144A 7.75% / $3.875 92553A204 7763 200000 SH DEFINED 0 0 200000
VITESSE SEMICOND CSN 144A 4.000% 03-15-2928497AA4 21502 23245000 SH DEFINED 0 0 23245000
VODAFONE / AIRTOUCH PLC LN LONDON EXCHANGE (92857TCCT 905 223360 SH DEFINED 0 0 223360
WIND RIVER SYSTEMS CSN 144A 5.00% 08-01-20973149AA5 1260 1015000 SH DEFINED 0 0 1015000
WIND RIVER SYSTEMS CSN 5.00% 08-01-20973149AC1 26286 21177000 SH DEFINED 0 0 21177000
WORLDCOM INC COM 98157D106 4734 103199 SH DEFINED 0 0 103199
YOUNG & RUBICAM CSN 144A 3.000% 01-15-2987425AA3 5895 5765000 SH DEFINED 0 0 5765000
GLOBAL CROSSING CVT PFD (III) 6.75% / $16.875 G3921A134 8234 37535 SH DEFINED 0 0 37535
GLOBAL CROSSING CVT PFD 7.00% / $17.50 G3921A142 2408 13500 SH DEFINED 0 0 13500
CREDIT SUISSE / ZURICH EURO 2.000% 11-17-2VV3080858 1013 1010000 SH DEFINED 0 0 1010000
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