UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/00
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: Mitchell A. Danaher
Title: Assistant Comptroller
Phone: (203) 373-3563
13F File Number: 28-01502
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: Mitchell A. Danaher
Title: Assistant Comptroller
Phone: (203) 373-3563
Signature, Place, and Date of Signing:
Mitchell A. Danaher Fairfield, CT 06431 May 10, 2000
- ------------------- ------------- ----- ------------
Report Type (Check only one.):
[X] 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 if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 448
Form 13F Information Table Value Total: $5105680
(thousands)
List of Other Included Managers:
No. Form 13F File Number Name
- -- -------------------- ----
01 Employers Reinsurance Corporation
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -----VOTING AUTHORITY------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
BANK OF BERMUDA COM G07644100 218 7650 SH SOLE 7650
GEMSTAR COM G3788V106 25205 281179 SH SOLE 281179
GLOBALSTAR COM G3930H104 38153 2749760 SH SOLE 2749760
IFCO SYSTEMS COM N43961106 73200 3200000 SH SOLE 3200000
TEEKAY SHIPPING COM Y8564W103 323 20000 SH SOLE 20000
EXODUS COMM COM 302088109 5704 40598 SH SOLE 40598
AFLAC INC COM 001055102 205 4500 SH SOLE 4500
AT&T CORPORATION COM 001957109 2365 42000 SH SOLE 42000
ABBOTT LABORATORIES COM 002824100 211 6000 SH SOLE 6000
ACCRUE SOFTWARE COM 00437W102 26906 604432 SH SOLE 604432
HOMESTORE COM 00437W102 7313 150000 SH SOLE 150000
AC NIELSEN CORP COM 004833109 910 40462 SH SOLE 40462
ACXIOM CORPORATION COM 005125109 1081 32500 SH SOLE 32500
ADVANCED RADIO COM 00754U101 48207 1250000 SH SOLE 1250000
AETNA INC COM 008117103 3508 63200 SH SOLE 63200
ALBERTSON'S INC COM 013104104 4106 133000 SH SOLE 133000
ALLEGIANCE TELECOM INC COM 01747T102 1783 22118 SH SOLE 22118
ALLERGAN INC COM 018490102 2435 48700 SH SOLE 48700
ALLSTATE CORP COM 020002101 714 30000 SH SOLE 30000
ALTERA CORPORATION COM 021441100 3793 42500 SH SOLE 42500
ALTEON COM 02145A109 43091 410000 SH SOLE 410000
AMAZON.COM, INC COM 023135106 2513 37500 SH SOLE 37500
AMERICA ONLINE INC COM 02364J104 11141 165200 SH SOLE 165200
AMERICA WEST COM 023657203 324 20892 SH SOLE 20892
AMERICAN EXPRESS COM 025816109 968 6500 SH SOLE 6500
AMERICAN HOME PRODUCTS CORP COM 026609107 1290 24000 SH SOLE 24000
AMERICAN INTL GROUP COM 026874107 2697 24633 SH SOLE 24633
AMGEN INC COM 031162100 614 10000 SH SOLE 10000
ANALOG DEVICES INC COM 032654105 4025 50000 SH SOLE 50000
ANHEUSER-BUSCH COS INC COM 035229103 2179 35000 SH SOLE 35000
AON CORP COM 037389103 871 27000 SH SOLE 27000
AIMCO COM 03748R101 1784 46728 SH SOLE 46728
APPLE COMPUTER INC COM 037833100 2119 15600 SH SOLE 15600
APPLIED MATERIALS COM 038222105 3096 32844 SH SOLE 32844
ASK JEEVES COM 045174109 383 6055 SH SOLE 6055
ASSOCIATES FIRST CAPITAL COM 046008108 428 20000 SH SOLE 20000
AURORA BIOSCIENCES COM 051920106 475 8645 SH SOLE 8645
AUTOBYTEL.COM COM 05275N106 15006 1825828 SH SOLE 1825828
AVERY DENNISON CORP COM 053611109 611 10000 SH SOLE 10000
AVNET INC COM 053807103 313 5827 SH SOLE 5827
AVON PRODUCTS INC COM 054303102 1024 35000 SH SOLE 35000
BJ WHOLESALE CLUB COM 05548J106 2617 68200 SH SOLE 68200
BAKER HUGHES INCORPORATED COM 057224107 343 13900 SH SOLE 13900
BANK OF AMERICA CORP COM 060505104 2706 51608 SH SOLE 51608
BANK OF NEW YORK CO INC COM 064057102 790 19000 SH SOLE 19000
BANK ONE CORP COM 06423A103 3469 101900 SH SOLE 101900
BAXTER INTERNATIONAL INC COM 071813109 940 15000 SH SOLE 15000
BEA SYSTEMS INC COM 073325102 1159 15800 SH SOLE 15800
BELL ATLANTIC CORP COM 077853109 2936 48034 SH SOLE 48034
BERKSHIRE HATWY COM 084670108 3032 53 SH SOLE 53
BIOCHEM PHARMA INC COM 09058T108 644 23000 SH SOLE 23000
BLUESTONE COM 09623P102 125741 2243310 SH SOLE 2243310
BOEING CO COM 097023105 1158 28500 SH SOLE 28500
BREAKAWAY COM 106372105 77559 1231222 SH SOLE 1231222
BRISTOL-MYERS SQUIBB CO COM 110122108 1102 19000 SH SOLE 19000
BROCADE COMMUNICATIONS SYS COM 111621108 1867 11010 SH SOLE 11010
BULL RUN COM 120182100 6472 1849000 SH SOLE 1849000
BURLINGTON NORTHERN SANTA FE COM 12189T104 887 39000 SH SOLE 39000
BURLINGTON RESOURCES COM 122014103 222 6000 SH SOLE 6000
CVS CORP COM 126650100 563 15000 SH SOLE 15000
CV THERAPEUTICS COM 126667104 215 5000 SH SOLE 5000
CABLETRON SYSTEMS COM 126920107 3225 109800 SH SOLE 109800
CAREER BUILDER COM 141684100 4738 917431 SH SOLE 917431
CATERPILLAR INC COM 149123101 526 12400 SH SOLE 12400
CHAMPION INTERNATIONAL COM 158525105 1618 30381 SH SOLE 30381
CHARTER ONE FINANCIAL INC COM 160903100 1111 52900 SH SOLE 52900
CHASE MANHATTAN CORP NEW COM 16161A108 6121 70200 SH SOLE 70200
CHECKFREE HOLDINGS CORP COM 162816102 874 12400 SH SOLE 12400
CHOICE ONE COM 17038P104 11430 264602 SH SOLE 264602
CIRCUIT CITY STORES COM 172737108 925 15200 SH SOLE 15200
CISCO SYSTEMS COM 17275R102 2742 35472 SH SOLE 35472
CINTAS CORP COM 172908105 1761 44930 SH SOLE 44930
CITIGROUP INC COM 172967101 9297 155279 SH SOLE 155279
COASTAL CORP COM 190441105 1375 29900 SH SOLE 29900
COBALT GROUP COM 19074Q103 5950 454545 SH SOLE 454545
COCA-COLA COMPANY COM 191216100 689 12000 SH SOLE 12000
COMMERCEONE COM 200693109 621456 3222295 SH SOLE 3222295
COMVERSE TECHNOLOGY INC COM 205862402 3752 19850 SH SOLE 19850
CONNETICS CORP COM 208192104 229 27318 SH SOLE 27318
CONOCO INC CL A 208251306 788 32000 SH SOLE 32000
CONOCO INC CL B 208251405 275 11667 SH SOLE 11667
CONSOLIDATED STORES CORP COM 210149100 1723 151500 SH SOLE 151500
CONVERGYS CORP COM 212485106 1822 47100 SH SOLE 47100
COOPER CAMERON CORP COM 216640102 1966 29400 SH SOLE 29400
CORSAIR COM 220406102 9529 410355 SH SOLE 410355
COULTER PHARMA COM 222116105 319 8187 SH SOLE 8187
COVAD COMMUNICATIONS GROUP COM 222814204 638 8800 SH SOLE 8800
CROWN CASTLE INTL CORP COM 228227104 1189 31400 SH SOLE 31400
CYBERSOURCE COM 23251J106 53966 1323802 SH SOLE 1323802
DANAHER CORP COM 235851102 1586 31100 SH SOLE 31100
DARDEN RESTAURANTS INC COM 237194105 267 15000 SH SOLE 15000
DEERE & CO COM 244199105 467 10700 SH SOLE 10700
DELL COMPUTER CORP COM 247025109 9613 183400 SH SOLE 183400
DEVON ENERGY COM 25179M103 1360 28000 SH SOLE 28000
DIAMOND TECH PARTNERS INC COM 252762109 684 10400 SH SOLE 10400
DIGITAL THINK COM 25388M100 71687 1537281 SH SOLE 1537281
WALT DISNEY CO COM 254687106 726 20000 SH SOLE 20000
DOMINION RESOURCES INC/VA COM 25746U109 1441 37500 SH SOLE 37500
DOVER CORP COM 260003108 1293 27000 SH SOLE 27000
DREYERS GRAND CVT PFD 261878102 74680 2900176 SH SOLE 2900176
DUPONT E I DE NEMOURS & CO COM 263534109 1384 25505 SH SOLE 25505
DUKE ENERGY CORP COM 264399106 1811 34500 SH SOLE 34500
DYCOM INDUSTRIES INC COM 267475101 2491 51100 SH SOLE 51100
EMC CORP/MASS COM 268648102 1134 9000 SH SOLE 9000
E-SPIRE COM 269153102 9931 803180 SH SOLE 803180
E-STAMP COM 269154100 1921 193986 SH SOLE 193986
EATON CORP COM 278058102 1560 20000 SH SOLE 20000
ECOLAB INC COM 278865100 649 17700 SH SOLE 17700
EMBREX WT 290817105 570 30000 SH SOLE 30000
EMCORE COM 290846104 39236 341000 SH SOLE 341000
EMERSON ELECTRIC CO COM 291011104 1330 25043 SH SOLE 25043
ENHANCE FINANCIAL SVCS GROUP COM 293310108 1259 89100 SH SOLE 89100
ENRON CORP COM 293561106 1535 20500 SH SOLE 20500
ENTERCOM COMMUNICATIONS CORP COM 293639100 230 4500 SH SOLE 4500
EQUITY RESIDENTIAL PROPERTIES COM 29476L107 435 10800 SH SOLE 10800
ETOYS COM 297862104 235 16097 SH SOLE 16097
EXTREME NETWORKS COM 30226D106 7266 77344 SH SOLE 77344
EXXON MOBIL CORPORATION COM 30231G102 4224 54192 SH SOLE 54192
FAMILY DOLLAR STORES COM 307000109 2420 116300 SH SOLE 116300
FATBRAIN COM INC COM 311889109 329 19091 SH SOLE 19091
FANNIE MAE COM 313586109 5351 94600 SH SOLE 94600
FEDERATED DEPT STORES INC NEW COM 31410H101 1606 38000 SH SOLE 38000
FEDEX CORP COM 31428X106 748 18900 SH SOLE 18900
FINOVA GROUP INC COM 317928109 2465 146600 SH SOLE 146600
FIRST DATA CORP COM 319963104 2396 54000 SH SOLE 54000
FIRSERV INC COM 337738108 2389 64250 SH SOLE 64250
FLEET BOSTON FINANCIAL CORP COM 339030108 4327 118560 SH SOLE 118560
FORD MOTOR CO DEL COM 345370100 1286 28000 SH SOLE 28000
FOREST LABORATORIES INC COM 345838106 710 8400 SH SOLE 8400
FRANKLIN RESOURCES INC. COM 354613101 863 25800 SH SOLE 25800
FURNITURE BRANDS INTL INC COM 360921100 1234 65600 SH SOLE 65600
GANNETT CO COM 364730101 1232 17500 SH SOLE 17500
GATEWAY INC COM 367626108 5883 110900 SH SOLE 110900
GENERAL DYNAMICS COM 369550108 920 18500 SH SOLE 18500
GENERAL MOTORS CORP COM 370442105 3776 45600 SH SOLE 45600
GILEAD SCIENCES INC COM 375558103 1432 22600 SH SOLE 22600
GILETTE COMPANY COM 375766102 489 13000 SH SOLE 13000
GLOBAL MARINE INC COM 379352404 1956 77100 SH SOLE 77100
GREENPOINT FINANCIAL CORP COM 395384100 1148 58500 SH SOLE 58500
HEALTH & REHABILITATION COM 40426W101 319 34000 SH SOLE 34000
HALLIBURTON CO COM 406216101 434 12000 SH SOLE 12000
HARLEY-DAVIDSON INC COM 412822108 1810 22800 SH SOLE 22800
HARRAHS ENTERTAINMENT INC COM 413619107 639 34400 SH SOLE 34400
HARTFORD FINANCIAL SVCS GRP COM 416515104 791 15000 SH SOLE 15000
HARTFORD LIFE-CL A COM 416592103 2325 49600 SH SOLE 49600
HEALTHSOUTH CORPORATION CVT BOND 421924AF8 19569 25250000 PRN SOLE 25250000
HEARTPORT COM 421969106 170 32500 SH SOLE 32500
HEALTHGATE DATA COM 42222H106 14099 2506456 SH SOLE 2506456
HEINZ (H J) CO COM 423074103 959 27500 SH SOLE 27500
HEWLETT PACKARD CO COM 428236103 2658 20000 SH SOLE 20000
HI-RISE WT 428396105 570 1000158 SH SOLE 1000158
HOLLYWOOD ENTERTAINMENT CORP COM 436141105 1352 167700 SH SOLE 167700
HOME PRODUCTS INTERNATIONAL COM 437305105 378 34000 SH SOLE 34000
HOMELAND HOLDING COM 43739T104 479 112678 SH SOLE 112678
HOMESTORE COM 437852106 165228 3389300 SH SOLE 3389300
HOUSEHOLD INTERNATIONAL COM 441815107 13339 357507 SH SOLE 357507
ICG COMMUNICATIONS INC COM 449246107 5285 146300 SH SOLE 146300
IDEC PHARMACEUTIALS CORP COM 449370105 275 2800 SH SOLE 2800
IMS HEALTH INC COM 449934108 384 22700 SH SOLE 22700
ISS GROUP INC COM 450306105 291 2500 SH SOLE 2500
IXL COM 450718101 89613 3200458 SH SOLE 3200458
IXL ENTERPRISES INC COM 450718101 4370 437038 SH SOLE 437038
IDEXX LABORATORIES INC COM 45168D104 856 36700 SH SOLE 36700
IMMUNEX CORP COM 452528102 1757 27700 SH SOLE 27700
IMPROVENET COM 45321E106 9578 1298701 SH SOLE 1298701
INFORMATICA CORP COM 45666Q102 594 6342 SH SOLE 6342
INHALE THERAPEUTIC SYSTEM INC COM 457191104 499 6700 SH SOLE 6700
INSIGHT HEALTH COM 45766Q101 28079 3352672 SH SOLE 3352672
INSIGHT COMMUNICATIONS INC COM 45768V108 635 30800 SH SOLE 30800
INTEL CORP COM 458140100 5937 45000 SH SOLE 45000
INTERNATIONL BUSINESS MACHINES COM 459200101 7021 59500 SH SOLE 59500
INTERNET CAPITAL GROUP COM 46059C106 923123 8664181 SH SOLE 8664181
INTERACTIVE PICTURES COM 46059S101 83782 2650980 SH SOLE 2650980
INTERPUBLIC GROUP COS COM 460690100 425 9000 SH SOLE 9000
INTEVAC INC CVT BOND 461148AC2 540 1000000 PRN SOLE 1000000
INTUIT INC COM 461202103 2197 40400 SH SOLE 40400
IVAX CORP COM 465823102 1654 60700 SH SOLE 60700
JABIL CIRCUIT INC COM 466313103 1596 36900 SH SOLE 36900
JAZZTEL COM 47214R152 105632 1138159 SH SOLE 1138159
KEYNOTE SYSTEMS COM 493308100 158048 1583710 SH SOLE 1583710
KRAUSE FURNITURE COM 500760202 21375 5000000 SH SOLE 5000000
LSI LOGIC CORP COM 502161102 2019 27800 SH SOLE 27800
LADISH COMPANY INC COM 505754200 404 59833 SH SOLE 59833
LAM RESEARCH CORPORATION COM 512807108 1307 29000 SH SOLE 29000
ESTEE LAUDER COMPANY COM 518439104 1427 28500 SH SOLE 28500
LAUNCH MEDIA COM 518567102 7305 392157 SH SOLE 392157
LENDING TREE COM 52602Q105 22599 1530202 SH SOLE 1530202
LILLY (ELI) & CO COM 532457108 1033 16500 SH SOLE 16500
LINENS 'N THINGS COM 535679104 1195 34900 SH SOLE 34900
LOWES CO INC COM 548661107 1534 26275 SH SOLE 26275
M&T BANK CORPORATION COM 55261F104 856 1917 SH SOLE 1917
MBNA CORP COM 55262L100 2301 90250 SH SOLE 90250
MCI WORLDCOM INC COM 55268B106 5754 126982 SH SOLE 126982
MGIC INVESTMENT CORP COM 552848103 2482 56900 SH SOLE 56900
MACROMEDIA INC COM 556100105 1129 12500 SH SOLE 12500
MAGNA INTERNATIONAL COM 559222401 418 10000 SH SOLE 10000
MANDALAY RESORT GROUP COM 562567107 2568 152200 SH SOLE 152200
MARKETING SERVCIES COM 570907105 79677 4311220 SH SOLE 4311220
MARSH & MCLENNAN COS COM 571748102 1930 17500 SH SOLE 17500
MARSHALL & ILSLEY CORP COM 571834100 889 15400 SH SOLE 15400
MARTIN MARIETTA MATERIALS COM 573284106 950 20000 SH SOLE 20000
MASTEC INC COM 576323109 1753 19700 SH SOLE 19700
MASTER GRAPHICS COM 576346100 152 220000 SH SOLE 220000
MATRIXONE COM 57685P304 17972 450000 SH SOLE 450000
MAXIM INTEGRATED PRODUCTS COM 57772K101 3873 54500 SH SOLE 54500
MCDONALD'S CORPORATION COM 580135101 804 21500 SH SOLE 21500
MCKESSON HBOC INC COM 58155Q103 1961 93400 SH SOLE 93400
MCLEOD INC COM 582266102 1925 22700 SH SOLE 22700
COLUMBIA HCA HEALTHCARE CORP CVT BOND 584505AC5 342 400000 PRN SOLE 400000
MEDIMMUNE INC COM 584699102 2856 16400 SH SOLE 16400
MEDTRONIC COM 585055106 3687 71700 SH SOLE 71700
MELLON BANK CORP COM 58551A108 755 22000 SH SOLE 22000
MDERCK & CO. INC COM 589331107 2485 40000 SH SOLE 40000
METAMORE WORLDWIDE COM 59133P100 36924 1186300 SH SOLE 1186300
MICROSOFT CORPORATION COM 594918104 6094 59728 SH SOLE 59728
MICROFIELD GRAPHICS COM 595062104 19 34239 SH SOLE 34239
MIDCOAST ENERGY RESOURCES COM 59563W104 209 12383 SH SOLE 12383
MODIS PROFESSIONAL SERVICES COM 607830106 2026 163700 SH SOLE 163700
MORGAN STANLEY DEAN WITTER COM 617446448 1086 13108 SH SOLE 13108
MURPHY OIL CORP COM 626717102 1550 26900 SH SOLE 26900
NABI INC CVT BOND 628716AB8 710 1000000 PRN SOLE 1000000
NTL INCORPORATED COM 629407107 870 9375 SH SOLE 9375
NABISCO INC COM 629526104 392 13000 SH SOLE 13000
NATL COMMERCE BANCORPORATION COM 635449101 370 20000 SH SOLE 20000
NATIONAL DATA CORP COM 635621105 1897 72957 SH SOLE 72957
NATIONAL OIL WELL COM 637071101 65954 2135800 SH SOLE 2135800
NEOFORMA COM 640475109 28829 1760563 SH SOLE 1760563
NET2PHONE COM 64108N106 137308 2322333 SH SOLE 2322333
NEUROCRINE BIOSCIENCES COM 64125C109 592 20000 SH SOLE 20000
NEWMONT MINING COM 651639106 561 25000 SH SOLE 25000
NEXTEL COMMUNICATIONS INC A COM 65332V103 6271 42300 SH SOLE 42300
NOBLE AFFILIATES INC COM 654894104 547 27285 SH SOLE 27285
NOBLE DRILLING CORP COM 655042109 2214 53500 SH SOLE 53500
NORTEL NETWORKS CORP COM 656569100 1587 12582 SH SOLE 12582
NORTH FORK BANCORPORATION COM 659424105 1176 65800 SH SOLE 65800
NOVASTAR FINANCIAL COM 669947400 2230 666666 SH SOLE 666666
OMNICOM GROUP CV COM 681919106 1217 13000 SH SOLE 13000
ON COMMAND (SPECTRAVISION) COM 682160106 13982 932117 SH SOLE 932117
ON COMMAND (SPECTRAVISION) WT 682160122 1335 296598 SH SOLE 296598
ONVIA COM 68338T106 150946 4289000 SH SOLE 4289000
PE CORP COM 69332S102 1409 14600 SH SOLE 14600
PMC - SIERRA INC COM 69344F106 1589 7800 SH SOLE 7800
PNC BANK CORP COM 693475105 1555 34500 SH SOLE 34500
PEGASUS COMMUNICATIONS COM 705904100 513 4648 SH SOLE 4648
PEREGRINE SYSTEMS INC COM 71366Q104 1549 23100 SH SOLE 23100
PERKINELMER INC COM 714046109 2999 45100 SH SOLE 45100
PHARMACIA & UPJOHN INC COM 716941109 2234 37552 SH SOLE 37552
PFIZER INC COM 717081103 651 18000 SH SOLE 18000
PHARMOR WT 717113112 66 131664 SH SOLE 131664
PHARMOR COM 717113203 317 99299 SH SOLE 99299
PHILLIP MORRIS COMPANIES INC COM 718154107 438 21000 SH SOLE 21000
PHONE.COM INC COM 71920Q100 1093 6700 SH SOLE 6700
PILOT NETWORKS COM 721596104 6613 200000 SH SOLE 200000
PINNACLE ENTERTAINMENT INC COM 723456109 1438 70800 SH SOLE 70800
PITNEY BOWES INC COM 724479100 871 19500 SH SOLE 19500
SWING-N-SLIDE CORP COM 72811G102 303 40388 SH SOLE 40388
PRAXAIR INC COM 74005P104 1557 37400 SH SOLE 37400
PRIME RETAIL INC COM 741570105 202 87264 SH SOLE 87264
PRIMEDIA INC COM 74157K101 602 18800 SH SOLE 18800
PROCTER & GAMBLE CO COM 742718109 706 12500 SH SOLE 12500
PROXICOM COM 744282104 35736 806448 SH SOLE 806448
QUEST SOFTWARE INC COM 74834T103 406 3600 SH SOLE 3600
QUINTUS COM 748798105 19990 569509 SH SOLE 569509
RGS ENERGY COM 74956K104 390 15000 SH SOLE 15000
RADIAN GROUP INC COM 750236101 1500 31500 SH SOLE 31500
RADIO ONE INC COM 75040P108 1506 22600 SH SOLE 22600
RATIONAL SOFTWARE CORPORATION COM 75409P202 2448 32000 SH SOLE 32000
RECKSON COM 75621K106 1461 77938 SH SOLE 77938
REDBACK NETWORKS COM 757209101 660 2200 SH SOLE 2200
REGENT COMMUNICATIONS COM 758865109 13618 1100000 SH SOLE 1100000
REPUBLIC SERVICES INC. COM 760759100 3903 356800 SH SOLE 356800
SBC COMMUNICATIONS INC COM 78387G103 2485 59000 SH SOLE 59000
SCI SYSTEMS INC COM 783890106 2016 37500 SH SOLE 37500
SANMINA CORP COM 800907107 1669 24700 SH SOLE 24700
SARA LEE CORP COM 803111103 1080 60000 SH SOLE 60000
SAWTEK INC COM 805468105 946 18000 SH SOLE 18000
SCHLUMBERGER LTD COM 806857108 2219 29000 SH SOLE 29000
SCIQUEST.COM COM 80908Q107 33193 669895 SH SOLE 669895
SEALED AIR CORP COM 81211K100 907 16700 SH SOLE 16700
SEPRACOR INC COM 817315104 583 8000 SH SOLE 8000
SIEBEL SYSTEMS INC COM 826170102 3762 31500 SH SOLE 31500
SMITH INTERNATIONAL INC COM 832110100 1620 20900 SH SOLE 20900
SOLITRON DEVICES, INC. COM 834256208 56 33048 SH SOLE 33048
SPANISH BROADCASTING SYS COM 846425882 1161 49500 SH SOLE 49500
SPEEDWAY MOTORSPORTS INC COM 847788106 479 19200 SH SOLE 19200
STANDARD CHEMICAL CORP CVT BOND 853258AA9 306 644000 PRN SOLE 644000
STAR MEDIA COM 855546107 44980 1496213 SH SOLE 1496213
STEEL DYNAMICS COM 858119100 49824 4310000 SH SOLE 4310000
STREAMLINE COM 863239109 1232 214286 SH SOLE 214286
SUN INC CVT BOND 866762AG2 461 500000 PRN SOLE 500000
SUN MICROSYSTEMS COM 866810104 1312 14000 SH SOLE 14000
SUNGARD DATA SYSTEMS INC COM 867363103 3216 85200 SH SOLE 85200
SYBASE INC COM 871130100 2659 130900 SH SOLE 130900
SYMANTEC CORP COM 871503108 3629 48300 SH SOLE 48300
SYMBOL TECHNOLOGIES INC COM 871508107 4502 54700 SH SOLE 54700
SYNOPSYS INC COM 871607107 1241 25454 SH SOLE 25454
TMP WORLDWIDE INC COM 872941109 793 10200 SH SOLE 10200
TALK.COM INC COM 874264104 3069 191800 SH SOLE 191800
TARGET CORP COM 87612E103 3155 42204 SH SOLE 42204
TELEPHONE AND DATA SYSTEMS COM 879433100 1665 15000 SH SOLE 15000
TELESCAN COM 879516102 58078 1220237 SH SOLE 1220237
TERADYNE INC COM 880770102 2485 30300 SH SOLE 30300
TEXACO INC COM 881694103 883 16422 SH SOLE 16422
TIFFANY & CO COM 886547108 2141 25600 SH SOLE 25600
TOSCO CORP COM 891490302 1148 37500 SH SOLE 37500
TOYS "R" US INC COM 892335100 3014 203500 SH SOLE 203500
TRANSIT GROUP COM 893691105 25000 5000000 SH PUT SOLE 5000000
TRITEL COM 89675X104 75865 2125360 SH SOLE 2125360
U. S. BANCORP COM 902973106 656 30000 SH SOLE 30000
U. S. FOODSERVICE COM 90331R101 798 31000 SH SOLE 31000
UNISYS CORP COM 909214108 835 32500 SH SOLE 32500
UNITED HEALTHCARE CORP COM 910581107 5009 84000 SH SOLE 84000
US WEST INC COM 91273H101 1271 17500 SH SOLE 17500
UNITED TECHNOLOGIES CORP COM 913017109 1232 19500 SH SOLE 19500
UNIVISION COMMUNICATIONS - A COM 914906102 2588 22900 SH SOLE 22900
VALASSIS COMMUNICATIONS INC COM 918866104 633 19000 SH SOLE 19000
VALENTIS COM 91913E104 203 14629 SH SOLE 14629
VALUE VISION COM 92047K107 222635 16013960 SH SOLE 16013960
VERIO COM 923433106 4525 100407 SH SOLE 100407
VERITAS SOFTWARE CORPORATION COM 923436109 7988 60975 SH SOLE 60975
VERISIGN INC COM 92343E102 374 2500 SH SOLE 2500
VERSATA COM 925298101 10825 179856 SH SOLE 179856
VIRTUAL FUND.COM COM 92825A909 2384 410300 SH SOLE 410300
VITESSE SEMICONDUCTOR CORP COM 928497106 2839 29500 SH SOLE 29500
VOICESTREAM WIRLESS CORP COM 928615103 1475 11454 SH SOLE 11454
WMF GROUP COM 929289106 109 20833 SH SOLE 20833
WMX TECHNOLOGIES CVT BOND 92929QAF4 2490 3000000 PRN SOLE 3000000
WALMART STORES INC COM 931142103 1874 33172 SH SOLE 33172
WASHINGTON MUTUAL INC COM 939322103 4308 162580 SH SOLE 162580
WASTE MANAGEMENT COM 94106L109 1912 139700 SH SOLE 139700
WELLPOINT HEALTH NETWORKS COM 94973H108 2585 37000 SH SOLE 37000
WELLS FARGO COMPANY COM 949746101 408 10000 SH SOLE 10000
WESTVACO CORP COM 961548104 1402 42000 SH SOLE 42000
WHITE PINE SOFTWARE COM 964347108 5845 162893 SH SOLE 162761
WILLIAMS COS INC COM 969457100 659 15000 SH SOLE 15000
WINK COMM COM 974168106 29579 886250 SH SOLE 886250
WRIGLEY WM JR CO COM 982526105 624 8000 SH SOLE 8000
YOUNG & RUBICAM INC COM 987425105 1922 40900 SH SOLE 40900
ZIFF DAVIS INC COM 989511209 635 29900 SH SOLE 29900
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TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -----VOTING AUTHORITY------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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AMR CORPORATION COM 001765106 417 13100 SH SOLE 01 13100
AT&T CORP COM 001957109 7039 122950 SH SOLE 01 122950
ABBOTT LABORATORIES COM 002824100 4162 123100 SH SOLE 01 123100
AMERICAN EXPRESS COM 025816109 795 5100 SH SOLE 01 5100
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ANHEUSER BUSCH COS. COM 035229103 4582 77500 SH SOLE 01 77500
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ARIBA, INC. COM 04033V104 743 2800 SH SOLE 01 2800
AUTOMATIC DATA PROCESSING, INC COM 053015103 10843 210800 SH SOLE 01 210800
BP AMOCO PLC ADR COM 055622104 5412 105080 SH SOLE 01 105080
BROADCOM CORP COM 111320107 783 3182 SH SOLE 01 3182
CSC HOLDINGS, INC PFD 126304401 2815 26311 SH SOLE 01 26311
CVS CORP COM 126650100 3798 104223 SH SOLE 01 104223
CELESTICA INC COM 15101Q108 239 4248 SH SOLE 01 4248
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CHINA TELECOM HONG KONG COM 169428109 922 4800 SH SOLE 01 4800
CISCO SYSTEMS COM 17275R102 975 12524 SH SOLE 01 12524
COFLEXIP SA COM 192384105 1536 30266 SH SOLE 01 30266
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COMCAST CORP COM 200300200 6594 166400 SH SOLE 01 166400
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ECI TELECOMMUNICATIONS COM 268258100 2864 106075 SH SOLE 01 106075
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EMC CORPORATION COM 268648102 893 6493 SH SOLE 01 6493
EMULEX CORP COM 292475209 734 3650 SH SOLE 01 3650
ENSCO INTERNATIONAL COM 26874Q100 954 29012 SH SOLE 01 29012
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GANNETT CO COM 364730101 6107 84675 SH SOLE 01 84675
GLOBAL TELESYSTEMS GROUP, INC COM 37936U104 259 10600 SH SOLE 01 10600
GOLDMAN SACHS COM 38141G104 940 7900 SH SOLE 01 7900
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HOME DEPOT COM 437076102 12113 188900 SH SOLE 01 188900
HUBBELL, INC COM 443510201 2416 93378 SH SOLE 01 93378
INKTOMI CORP COM 457277101 777 3650 SH SOLE 01 3650
INTEL CORP COM 458140100 31164 218500 SH SOLE 01 218500
INTERPUBLIC GROUP OF COS, INC COM 460690100 3600 83000 SH SOLE 01 83000
JDS UNIPHASE CORP COM 46612J101 833 6168 SH SOLE 01 6168
JUNIPER NETWORKS INC COM 48203R104 757 2805 SH SOLE 01 2805
KANSAS CITY SOUTHERN IND COM 485170104 803 9050 SH SOLE 01 9050
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KNIGHT-RIDDER INC COM 499040103 402 8047 SH SOLE 01 8047
KOREA TELECOM COM 50063P103 1099 23883 SH SOLE 01 23883
LAM RESEARCH CORP COM 512807108 712 13650 SH SOLE 01 13650
MANDALAY RESORT GROUP COM 562567107 1068 70891 SH SOLE 01 70891
MARSH AND MCLENNAN COS, INC COM 571748102 11812 121848 SH SOLE 01 121848
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MASTER TRUST COM 576300107 0 12785 SH SOLE 01 12785
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MCI WORLDCOM INC COM 55268B106 3461 80607 SH SOLE 01 80607
MCLEOD USA COM 582266102 794 9122 SH SOLE 01 9122
MEADOWBROOK INS GROUP COM 58319P108 1248 246448 SH SOLE 01 246448
MERCK AND CO, INC COM 589331107 5376 85500 SH SOLE 01 85500
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MICROSOFT CORP COM 594918104 9789 87500 SH SOLE 01 87500
MOLEX INC COM 608554200 4802 121557 SH SOLE 01 121557
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NABORS INDUSTRIES, INC COM 629568106 21268 535891 SH SOLE 01 535891
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PMC-SIERRA INC COM 69344F106 768 3370 SH SOLE 01 3370
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US AIRWAYS GROUP COM 911905107 844 36000 SH SOLE 01 36000
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VERITAS SOFTWARE CORP COM 923436109 780 4908 SH SOLE 01 4908
WAL-MART STORES COM 931142103 8386 155300 SH SOLE 01 155300
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WEATHERFORD INTERNATIONAL COM 947074100 968 17269 SH SOLE 01 17269
</TABLE>
