<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/99
-----------------------
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: Dain Rauscher Incorporated
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Address: 60 South 6th Street
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Minneapolis, MN 55402-4422
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Form 13F File Number: 28- 04069
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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: Cynthia H. Cheney
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Title: Vice President
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Phone: (612) 371-2390
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Signature, Place, and Date of Signing:
Cynthia H. Cheney Minneapolis, MN 1/11/00
- ------------------------------- ----------------- -------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
/X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
<PAGE>
/ / 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- 04069 Dain Rauscher Incorporated
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[Repeat as necessary.]
<PAGE>
PORTVUE-SEC13F.LRP
RUN DATE: 01/07/00 11:3 1 A.M. DAIN RUASCHER INCORPORATED
<TABLE>
<CAPTION>
DISCRETIONARY OWNERSHIP FOR 13F
AS OF DATE: 12/31/99
(ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM6) (ITEM 7) (ITEM 8)
INVESTMENT VOTING AUTHORITY
DISCRETION (SHARES)
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NAME TITLE FAIR SHARES OR SHARED
OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE
ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C)
- ---------------------- ------ ---------- ------------------------ ----- ----- ----- -- ---------- -- -------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 COM CORP COMMON 885535104 434,093 9,810 X 0 9,810
ABBOTT LABS COMMON 002824100 707,593 20,145 X 0 20,145
ADC TELECOMMUNICATION COMMON 000886101 522,453 8,376 X 0 8,376
AFLAC INC COM COMMON 001055102 252,269 5,709 X 0 5,709
ALTERA CORP COMMON 021441100 290,400 6,050 X 0 6,050
AMAZON COM INC COM COMMON 023135106 2,608,424 39,785 X 0 39,785
AMERICA ONLINE INC CO COMMON 02364J104 12,937,718 185,487 X 0 185,487
AMERICAN EXPRESS CO COMMON 025816109 259,331 1,726 X 0 1,726
AMERICAN INTL GROUP I COMMON 026874107 401,897 3,945 X 0 3,945
AMERITRADE HLDG CORP COMMON 03072H109 281,388 12,900 X 0 12,900
AMGEN INC COMMON 031162100 2,018,470 33,022 X 0 33,022
AMPEX CORP DEL COMMON 032092108 1,155,436 284,380 X 0 284,380
APEX INC COM COMMON 037548104 261,562 7,500 X 0 7,500
APPLIED MATLS INC COMMON 038222105 828,609 7,147 X 0 7,147
APPLIED PWR INC CL A COMMON 038225108 431,101 12,700 X 0 12,700
ARCADIA FINL LTD COMMON 039101100 218,497 48,555 X 0 48,555
ARIBA INC COM COMMON 04033V104 360,300 2,400 X 0 2,400
ASIA PACIFIC FD COM COMMON 044901106 144,410 13,835 X 0 13,835
AT HOME CORP COM SER COMMON 045919107 1,250,066 32,575 X 0 32,575
ATMEL CORP COMMON 049513104 833,846 33,270 X 0 33,270
AT&T CORP COMMON 001957109 3,584,393 73,905 X 0 73,905
AUTOMATIC DATA PROCES COMMON 053015103 321,739 6,165 X 0 6,165
AXA FINANCIAL COMMON 002451102 212,552 6,721 X 0 6,721
BANK OF AMERICA CORP COMMON 060505104 448,769 9,089 X 0 9,089
BANK ONE CORP COMMON 06423A103 390,000 12,480 X 0 12,480
BAUSCH & LOMB INC COMMON 071707103 531,494 7,675 X 0 7,675
BAXTER INTL INC COM COMMON 071813109 240,791 3,766 X 0 3,766
<PAGE>
BERKSHIRE HATHAWAY IN COMMON 084670207 304,876 169 X 0 169
BILLING INFRMTN CONCP COMMON 090063108 65,663 10,300 X 0 10,300
BIOGEN N V COMMON 090597105 382,184 5,100 X 0 5,100
BJS WHSL CLUB INC COM COMMON 05548J106 335,235 9,045 X 0 9,045
BMC INDS INC MINN COM COMMON 055607105 72,844 12,950 X 0 12,950
BOEING CO COMMON 097023105 760,056 17,650 X 0 17,650
BOSTON SCIENTIFIC COR COMMON 101137107 393,820 15,294 X 0 15,294
BOTTOMLINE TECHNOLOLG COMMON 101388106 332,062 8,250 X 0 8,250
BP AMOCO ADS COMMON 055622104 676,817 11,164 X 0 11,164
BRISTOL MYERS SQUIBB COMMON 110122108 1,205,157 20,170 X 0 20,170
CARDINAL HEALTH INC COMMON 14149Y108 844,452 15,638 X 0 15,638
CARNIVAL CRUISE LINE COMMON 143658102 307,068 6,323 X 0 6,323
CATERPILLAR TRACTOR COMMON 149123101 456,732 8,847 X 0 8,847
CBS CORPORATION COMMON 12490K107 1,734,808 32,163 X 0 32,163
CENTENNIAL BANCORP CO COMMON 15133T104 159,757 17,271 X 0 17,271
CENTURA SOFTWARE CORP COMMON 15640W103 127,227 16,284 X 0 16,284
CHARTER COMMUNICATION COMMON 16117M107 682,142 34,000 X 0 34,000
CHECK PT SOFTWARE TEC COMMON M22465104 1,651,855 9,015 X 0 9,015
CHEVRON CORP COMMON 166751107 1,827,163 20,588 X 0 20,588
CIENA CORP COM COMMON 171779101 229,375 5,000 X 0 5,000
CIM HIGH YIELD SECS I COMMON 125527101 296,884 53,979 X 0 53,979
CISCO SYS INC COMMON 17275R102 13,046,450 130,465 X 0 130,465
CITIGROUP INC. COMMON 172967101 2,578,840 47,646 X 0 47,646
CITIZENS BANKING CORP COMMON 174420109 699,846 33,326 X 0 33,326
CLEAR CHANNEL COMMUNI COMMON 184502102 485,623 5,655 X 0 5,655
CLEARNET COMMUNICATIO COMMON 184902104 448,768 14,535 X 0 14,535
CMGI INC COM COMMON 125750109 647,397 2,587 X 0 2,587
CNET INC COM COMMON 125945105 896,349 17,155 X 0 17,155
COCA COLA CO COMMON 191216100 481,536 8,448 X 0 8,448
COMCAST CORP CL A SPL COMMON 200300200 1,218,323 26,095 X 0 26,095
COMPAQ COMPUTER CORP COMMON 204493100 2,880,644 102,423 X 0 102,423
CONCORD EFS INC COMMON 206197105 1,284,024 49,865 X 0 49,865
CONEXANT SYS INC COM COMMON 207142100 2,085,223 37,784 X 0 37,784
CONSECO INC COM COMMON 208464107 215,679 12,781 X 0 12,781
CONVERGENT COMM XXX(R COMMON 21191410R 0 60,000 X 0 60,000
COSTCO WHSL CORP (NEW COMMON 22160K105 981,999 11,251 X 0 11,251
COX COMMUNICATIONS IN COMMON 224044107 514,447 11,260 X 0 11,260
CREDIT SUISSE ASSET S COMMON 224918102 522,966 76,760 X 0 76,760
C-CUBE MICROSYSTEMS I COMMON 125015107 882,450 16,650 X 0 16,650
DELL COMPUTER CORP CO COMMON 247025109 7,864,272 163,839 X 0 163,839
DELPHI AUTOMOTIVE SYS COMMON 247126105 193,691 12,446 X 0 12,446
DIAMOND OFFSHORE DRIL COMMON 25271C102 217,465 7,325 X 0 7,325
DISNEY WALT PRODTNS COMMON 254687106 810,865 25,640 X 0 25,640
<PAGE>
DOCUMENTUM INC COM COMMON 256159104 361,603 7,475 X 0 7,475
DOUBLECLICK INC COM COMMON 258609304 598,194 3,006 X 0 3,006
DOW CHEMICAL CORP COMMON 260543103 269,083 1,965 X 0 1,965
DU PONT E I DE NEMOUR COMMON 263534109 661,549 9,252 X 0 9,252
DUFF & PHELPS UTILITI COMMON 264324104 144,036 16,004 X 0 16,004
DYNEGY INC CHG(ELECT COMMON 268STK993 206,049 9,900 X 0 9,900
E M C CORP MASS COM COMMON 268648102 5,294,371 53,143 X 0 53,143
EBAY INC COM COMMON 278642103 496,205 3,679 X 0 3,679
ECHOSTAR COMMUN CORP COMMON 278762109 339,683 4,133 X 0 4,133
ELAN PLC ADR COMMON 284131208 405,361 14,130 X 0 14,130
ELECTRONIC DATA SYS C COMMON 285661104 227,226 3,795 X 0 3,795
ENRON CORP COM COMMON 293561106 1,641,877 34,250 X 0 34,250
EQUITY INCOME FD UNIT COMMON 294700604 21,575 32,839 X 0 32,839
ERICSSON L M TEL CO A COMMON 294821400 1,027,848 18,192 X 0 18,192
EUROTECH LTD COM COMMON 298796103 25,000 10,000 X 0 10,000
EXCEL TECHNOLOGY INC COMMON 30067T103 1,654,514 96,965 X 0 96,965
EXODUS COMMUNICATIONS COMMON 302088109 323,215 3,742 X 0 3,742
EXXON CORPORATION COMMON 30231G102 3,672,422 43,205 X 0 43,205
E-TEK DYNAMICS INC CO COMMON 269240107 2,759,400 27,855 X 0 27,855
FED HOME LOAN MTG COR COMMON 313400301 361,266 7,875 X 0 7,875
FEDERAL NAT MORTGAGE COMMON 313586109 830,081 13,849 X 0 13,849
FIRST AUSTRALIA PRIME COMMON 318653102 431,114 82,117 X 0 82,117
FIRST FED CAP CORP COMMON 319960100 274,340 21,308 X 0 21,308
FIRST MIDWEST BANCORP COMMON 320867104 582,244 23,525 X 0 23,525
FIRSTAR CORP NEW WIS COMMON 33763V109 727,744 34,862 X 0 34,862
FLEETBOSTON FINANCIAL COMMON 339030108 206,060 6,377 X 0 6,377
FORD MOTOR COMMON 345370100 343,406 6,750 X 0 6,750
FORTIS SEC INC COM COMMON 34955T100 141,260 20,000 X 0 20,000
FX ENERGY INC COM COMMON 302695101 112,750 20,500 X 0 20,500
G A P INC COMMON 364760108 396,831 8,930 X 0 8,930
GANNETT INC DEL COMMON 364730101 226,878 3,020 X 0 3,020
GENERAL ELECTRIC COMMON 369604103 5,987,164 41,100 X 0 41,100
GENERAL MOTORS CLASS COMMON 370442832 312,803 3,297 X 0 3,297
GENERAL MOTORS INC COMMON 370442105 577,358 8,068 X 0 8,068
GILLETTE CO COMMON 375766102 677,533 16,400 X 0 16,400
GLIMCHER RLTY TR SH B COMMON 379302102 426,048 32,930 X 0 32,930
GLOBAL CROSSING LTD C COMMON G3921A100 3,926,361 90,390 X 0 90,390
GTE CORP COMMON 362320103 1,271,519 18,411 X 0 18,411
GUIDANT CORP COM COMMON 401698105 1,535,889 29,679 X 0 29,679
HAIN FOOD GROUP INC C COMMON 405219106 441,270 20,950 X 0 20,950
HALLIBURTON CO COMMON 406216101 548,719 14,322 X 0 14,322
HARLEY DAVIDSON INC C COMMON 412822108 314,443 5,192 X 0 5,192
HEWLETT PACKARD CO COMMON 428236103 540,776 5,341 X 0 5,341
<PAGE>
HOME DEPOT INC COMMON 437076102 2,546,388 42,264 X 0 42,264
HONEYWELL INTERNATION COMMON 438516106 759,192 13,557 X 0 13,557
HOUSEHOLD INTL CORP COMMON 441815107 224,640 6,240 X 0 6,240
HRPT PPTYS TR COM SH COMMON 40426W101 169,025 18,650 X 0 18,650
I B M COMMON 459200101 3,022,660 26,284 X 0 26,284
I2 TECHNOLOGIES INC C COMMON 465754109 1,972,850 12,447 X 0 12,447
ICOS CORP COM COMMON 449295104 255,450 7,800 X 0 7,800
IMMUNEX CORP NEW COM COMMON 452528102 1,309,541 14,460 X 0 14,460
INFINITY BROADCASTING COMMON 45662S102 212,500 6,250 X 0 6,250
INFORMIX CORP COM COMMON 456779107 98,733 10,225 X 0 10,225
INFOSPACE COM INC COM COMMON 45678T102 1,013,530 11,372 X 0 11,372
INKTOMI CORP COM COMMON 457277101 432,285 5,370 X 0 5,370
INTEL CORP COMMON 458140100 9,807,760 124,543 X 0 124,543
INTERNATIONAL PAPER C COMMON 460146103 345,280 6,044 X 0 6,044
INVESCO GLOBAL HLTH S COMMON 46128N109 359,354 24,363 X 0 24,363
IRIDIUM WORLD COMM LT COMMON G49398103 65,520 18,720 X 0 18,720
ISS GROUP INC OC-COM COMMON 450306105 380,050 7,535 X 0 7,535
JDS UNIPHASE COM COMMON 46612J101 299,500 2,000 X 0 2,000
JOHNSON & JOHNSON COMMON 478160104 1,488,030 16,011 X 0 16,011
JUNIPER NETWORKS INC COMMON 48203R104 208,416 668 X 0 668
KEY ENERGY GROUP INC COMMON 492914106 926,580 154,430 X 0 154,430
KEYCORP NEW COMMON 493267108 417,500 20,000 X 0 20,000
KIMBERLY CLARK CORP COMMON 494368103 277,250 4,332 X 0 4,332
KINDER MORGAN EGY PTN COMMON 494550106 702,450 15,852 X 0 15,852
KODAK COMMON 277461109 966,146 15,185 X 0 15,185
KOHLS CORP COM COMMON 500255104 281,692 3,985 X 0 3,985
LATTICE SEMICONDUCTOR COMMON 518415104 344,655 8,280 X 0 8,280
LEGATO SYS INC COM COMMON 524651106 296,640 4,608 X 0 4,608
LEVEL 3 COMMUNICATION COMMON 52729N100 363,160 4,920 X 0 4,920
LEXMARK INTL GROUP IN COMMON 529771107 1,363,110 15,446 X 0 15,446
LILLY ELI & CO COMMON 532457108 874,013 13,205 X 0 13,205
LOWES CO COMMON 548661107 525,893 10,005 X 0 10,005
LUCENT TECHNOLOGIES I COMMON 549463107 5,615,930 96,826 X 0 96,826
LYCOS INC COM COMMON 550818108 304,034 4,700 X 0 4,700
MACROMEDIA INC COM COMMON 556100105 1,201,543 15,294 X 0 15,294
MAGNUM PETROLEUM INC COMMON 55972F203 40,320 15,000 X 0 15,000
MANUGISTICS GROUP INC COMMON 565011103 290,399 9,700 X 0 9,700
MARINE DRILLING CO IN COMMON 568240204 444,550 21,885 X 0 21,885
MARKETWATCH COM INC COMMON 570619106 258,405 6,420 X 0 6,420
MARSHALL & ILSLEY COR COMMON 571834100 571,056 9,772 X 0 9,772
MBNA CORP COM COMMON 55262L100 872,557 34,051 X 0 34,051
MCDONALDS CORP COMMON 580135101 754,991 19,421 X 0 19,421
MCI WORLDCOM COMMON 55268B106 4,350,970 92,205 X 0 92,205
<PAGE>
MEDIAONE GROUP INC CO COMMON 58440J104 565,224 7,505 X 0 7,505
MEDIMMUNE INC COM COMMON 584699102 203,032 1,460 X 0 1,460
MEDTRONIC INC COMMON 585055106 2,518,640 66,280 X 0 66,280
MERCK & CO COMMON 589331107 3,020,466 44,175 X 0 44,175
MERRILL LYNCH INC COMMON 590188108 388,978 5,093 X 0 5,093
MFS CHARTER INCOME TR COMMON 552727109 88,800 11,100 X 0 11,100
MICROSOFT CORP COMMON 594918104 23,003,420 209,122 X 0 209,122
MIDCAP SPDR TR COMMON 595635103 856,285 11,058 X 0 11,058
MINDSPRING ENTERPRISE COMMON 602683104 321,425 11,960 X 0 11,960
MONSANTO CO COMMON 611662107 217,550 5,850 X 0 5,850
MORGAN STANLEY DEAN W COMMON 617446448 203,765 1,660 X 0 1,660
MOTOROLA INC COMMON 620076109 1,091,420 9,020 X 0 9,020
MOUNTAIN PROV MNG INC COMMON 62426E402 14,375 11,500 X 0 11,500
NETWORK APPLIANCE INC COMMON 64120L104 297,768 4,250 X 0 4,250
NEUROBIOLOGICAL TECHN COMMON 64124W106 472,430 160,800 X 0 160,800
NEXTEL COMMUNICATIONS COMMON 65332V103 1,411,937 14,500 X 0 14,500
NEXTLINK COMMUNICATIO COMMON 65333H707 410,449 5,556 X 0 5,556
NFO WORLDWIDE INC COM COMMON 62910N108 347,480 17,374 X 0 17,374
NOKIA CORP ADR OTC COMMON 654902204 2,624,076 16,821 X 0 16,821
NORDSTROM INC COMMON 655664100 345,780 13,560 X 0 13,560
NORTEL NETWORKS CORP COMMON 656569100 372,895 4,387 X 0 4,387
NORTHERN STS PWR CO M COMMON 665772109 384,340 19,217 X 0 19,217
OBJECT DESIGN INC COM COMMON 674416102 704,550 46,200 X 0 46,200
OPPENHEIMER MULTI SEC COMMON 683933105 468,679 61,970 X 0 61,970
ORACLE SYS CORP COM COMMON 68389X105 1,549,248 16,138 X 0 16,138
PACIFIC INTERNET LTD COMMON Y66183107 858,000 14,300 X 0 14,300
PARAMETRIC TECHNOLOGY COMMON 699173100 772,125 40,240 X 0 40,240
PATHOGENESIS CORP COM COMMON 70321E104 323,575 15,050 X 0 15,050
PEPSICO INC COMMON 713448108 849,956 23,207 X 0 23,207
PETSMART INC COM COMMON 716768106 119,406 22,215 X 0 22,215
PFIZER INC COMMON 717081103 2,277,582 70,485 X 0 70,485
PHARMACIA & UPJOHN, I COMMON 716941109 510,300 10,800 X 0 10,800
PHILIP MORRIS COS INS COMMON 718154107 656,589 28,469 X 0 28,469
PIMCO ADVISORS HLDGS COMMON 69338P102 481,465 12,882 X 0 12,882
PLEXUS CORP COM COMMON 729132100 1,794,567 42,601 X 0 42,601
POPE & TALBOT INC COMMON 732827100 435,166 26,575 X 0 26,575
POWER INTEGRATIONS IN COMMON 739276103 277,995 6,027 X 0 6,027
PRAXAIR INC COMMON 74005P104 381,722 7,135 X 0 7,135
PROCTER & GAMBLE CO COMMON 742718109 396,009 3,671 X 0 3,671
PURCHASEPRO COM INC C COMMON 746144104 1,932,560 16,660 X 0 16,660
QLOGIC CORP COM COMMON 747277101 1,616,644 11,325 X 0 11,325
QUALCOMM INC COM COMMON 747525103 498,624 3,560 X 0 3,560
QUICKSILVER RES INC C COMMON 74837R104 84,563 20,500 X 0 20,500
<PAGE>
QWEST COMMUNICATIONS COMMON 749121109 3,065,625 81,750 X 0 81,750
REALNETWORKS INC COM COMMON 75605L104 4,083,936 36,081 X 0 36,081
ROYAL DUTCH PETRO-NY COMMON 780257804 357,399 5,859 X 0 5,859
SAFECO CORP COMMON 786429100 429,831 17,725 X 0 17,725
SAFEWAY INC COM NEW COMMON 786514208 1,424,744 41,522 X 0 41,522
SANTA FE INTL CORP OR COMMON G7805C108 243,941 9,315 X 0 9,315
SARA LEE CORP COM COMMON 803111103 299,853 14,321 X 0 14,321
SBC COMMNS INC COMMON 78387G103 1,035,169 23,661 X 0 23,661
SCHERING PLOUGH CORP COMMON 806605101 242,814 5,655 X 0 5,655
SCHLUMBERGER COMMON 806857108 2,028,238 35,121 X 0 35,121
SCHWAB CHARLES CORP N COMMON 808513105 723,563 19,295 X 0 19,295
SEAGATE TECHNOLOGY COMMON 811804103 269,878 6,800 X 0 6,800
SEAL HLDGS CORP CL A COMMON 812070100 25,194 13,000 X 0 13,000
SHURGARD STORAGE CTRS COMMON 82567D104 498,134 21,658 X 0 21,658
SLI INC COM COMMON 78442T108 161,460 11,960 X 0 11,960
SOUTHWEST AIRLS CO COMMON 844741108 363,990 23,770 X 0 23,770
SPDR TR UNIT SER 1 COMMON 78462F103 2,406,493 17,470 X 0 17,470
SPRINT CORP COM COMMON 852061100 258,570 4,080 X 0 4,080
SPRINT CORP PCS COM S COMMON 852061506 1,083,204 11,470 X 0 11,470
STAPLES INC COMMON 855030102 368,023 15,374 X 0 15,374
STARBUCKS CORP COM COMMON 855244109 2,892,320 115,402 X 0 115,402
STERLING COMM INC COM COMMON 859205106 570,797 18,600 X 0 18,600
SUN MICROSYSTEM INC C COMMON 866810104 3,988,744 58,658 X 0 58,658
TCF FINL CORP COM COMMON 872275102 1,172,384 51,111 X 0 51,111
TELLABS INC COMMON 879664100 576,997 9,042 X 0 9,042
TEMPLETON GLOBAL INCO COMMON 880198106 533,550 88,001 X 0 88,001
TEXACO INC COMMON 881694103 1,718,508 30,929 X 0 30,929
TEXAS INSTRUMENTS INC COMMON 882508104 1,751,349 18,731 X 0 18,731
TMP WORLDWIDE INC COM COMMON 872941109 1,868,240 15,440 X 0 15,440
TRANSOCEAN SEDCO FORE COMMON G90078109 254,848 7,933 X 0 7,933
TYCO INTL LTD NEW COMMON 902124106 939,067 26,735 X 0 26,735
UAL CORP COM PAR $0.0 COMMON 902549500 301,394 4,150 X 0 4,150
UNITED STATES CELLULA COMMON 911684108 333,125 4,100 X 0 4,100
VERISIGN INC COM COMMON 92343E102 401,463 2,588 X 0 2,588
VISIO CORP COM COMMON 927914101 334,969 6,750 X 0 6,750
VODAFONE GROUP PLC SP COMMON 92857T107 2,726,987 60,515 X 0 60,515
VOICESTREAM WIRELESS COMMON 928615103 958,631 8,815 X 0 8,815
WAL MART STORES INC COMMON 931142103 1,594,493 25,036 X 0 25,036
WALGREEN CO COMMON 931422109 621,000 23,000 X 0 23,000
WARNER LAMBERT CO COMMON 934488107 419,623 5,133 X 0 5,133
WASHINGTON MUT INC COMMON 939322103 1,974,289 81,414 X 0 81,414
WEBTRENDS CORPORATION COMMON 94844D104 223,550 3,400 X 0 3,400
WELLS FARGO NEW COMMON 949746101 1,274,950 33,169 X 0 33,169
<PAGE>
WESTERN WIRELESS CORP COMMON 95988E204 300,366 4,975 X 0 4,975
WILLIAMS CO COMMON 969457100 261,521 7,955 X 0 7,955
WYNDHAM INTL INC CL A COMMON 983101106 32,920 11,971 X 0 11,971
XEROX CORP COMMON 984121103 389,524 16,401 X 0 16,401
YAHOO INC COM COMMON 984332106 4,161,261 11,302 X 0 11,302
ZEBRA TECHNOLOGIES CO COMMON 989207105 693,750 12,500 X 0 12,500
ADAPTIVE BROADBAND SU CONVERT 00650MAA2 299,520 117,000 X 0 117,000
KEY ENERGY GROUP INC CONVERT 492914AF3 633,500 905,000 X 0 905,000
VETERINARY CNTRS OF A CONVERT 925514AB7 632,253 913,000 X 0 913,000
TOTAL 282,424,063
</TABLE>
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
--------------------
Form 13F Information Table Entry Total: 251
--------------------
Form 13F Information Table Value Total: $ 282,424
--------------------
(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.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
28- 04069 Dain Rauscher Incorporated
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[Repeat as necessary.]
