UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Investment Research Company
Address: 16236 San Dieguito Road #2-20
P.O. Box 9210
Rancho Santa Fe, CA 92067
13F File Number:
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: Bob Zimmer
Title: Investment Analyst
Phone: 858-759-3764
Signature, Place, and Date of Signing:
Bob Zimmer Rancho Santa Fe, CA 31-Mar-00
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: 0
Form 13F Information Table Entry Total: 625
Form 13F Information Table Value Total: $1,646,843
<PAGE>
Form 13F INFORMATION TABLE
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T COM 001957109 15002 266413 SH Sole 266413
AC Nielsen COM 004833109 436 19400 SH Sole 17000 2400
ADC Telecom COM 000886101 1659 30800 SH Sole 30800
ADV Energy COM 007973100 235 4600 SH Sole 4600
AES Corp. COM 00130H105 2788 35400 SH Sole 35400
AFLAC Inc. COM 001055102 6595 144750 SH Sole 144750
AMR Corp. COM 001765106 582 18250 SH Sole 18250
ANDRX Corp COM 034551101 1871 16200 SH Sole 12900 3300
AVX Corp. COM 002444107 1198 15800 SH Sole 12800 3000
Abbott Labs COM 002824100 1714 48700 SH Sole 48700
Abgenix Inc. COM 00339B107 691 5000 SH Sole 3500 1500
Adaptec COM 00651F108 1757 45500 SH Sole 35800 9700
Adobe Sys Inc. COM 00724F101 3000 26950 SH Sole 26950
Adolph Coors COM 217016104 1939 40400 SH Sole 35500 4900
Adtran Inc COM 00738A106 220 3700 SH Sole 3700
Advanced Digital Info Corp COM 007525108 425 12400 SH Sole 6400 6000
Aetna Life & Casualty COM 008117103 771 13900 SH Sole 13900
Affymetrix Inc. COM 00826T108 401 2700 SH Sole 700 2000
Air Products & Chemicals COM 009158106 764 26850 SH Sole 26850
Airgas COM 009363102 293 35200 SH Sole 35200
Alaska Air Group COM 011659109 349 11600 SH Sole 11600
Alcan Aluminum COM 013716105 817 24000 SH Sole 24000
Alcoa Inc. COM 013817101 836 11900 SH Sole 11900
Allegiance Telecomm Inc. COM 01747T102 758 9400 SH Sole 700 8700
Allergan Inc. COM 018490102 942 18850 SH Sole 18850
Alliance Capital Mgmt Holding COM 01855A101 634 15300 SH Sole 15300
Alliance Semiconductor Corp. COM 01877H100 362 16900 SH Sole 4300 12600
Alliant Energy Corp. COM 018802108 347 11400 SH Sole 9200 2200
Allstate COM 020002101 1511 63472 SH Sole 63472
Altera Corp. COM 021441100 2151 24100 SH Sole 24100
Amazon.com Inc. COM 023135106 275 4100 SH Sole 4100
Ambac Financial Group COM 023139108 504 10000 SH Sole 10000
Amerada Hess COM 023551104 998 15450 SH Sole 15450
Amerco COM 023586100 193 10500 SH Sole 3500 7000
Ameren Corporation COM 023608102 1270 41050 SH Sole 41050
America Online COM 02364J104 16809 249950 SH Sole 249950
America West Holdings COM 023657208 200 12900 SH Sole 4400 8500
American Eagle Outfitters COM 02553E106 220 5800 SH Sole 5000 800
American Express COM 025816109 6672 44800 SH Sole 44800
American Financial Group COM 025932104 956 33400 SH Sole 25800 7600
American General COM 026351106 443 7900 SH Sole 7900
American Home Products COM 026609107 1725 32100 SH Sole 32100
American Intl. Group COM 026874107 20010 182743 SH Sole 182743
American Mgmt Systems COM 027352103 258 5900 SH Sole 5900
American Power COM 029066107 1128 26300 SH Sole 22500 3800
American Standard COM 029712106 536 14500 SH Sole 13800 700
Amerus Life Holdings INC -CL COM 030732101 248 13700 SH Sole 4800 8900
Amgen Inc COM 031162100 14589 237700 SH Sole 237700
Amkor Technologies COM 031652100 658 12400 SH Sole 700 11700
Analog Devices COM 032654105 3542 44000 SH Sole 44000
Anheuser - Busch COM 035229103 5811 93350 SH Sole 93350
Apache Corp. COM 037411105 1080 21700 SH Sole 21700
Apple Computer COM 037833100 9921 73050 SH Sole 73050
Applied Materials COM 038222105 12252 130000 SH Sole 130000
Applied Micro Circuits COM 03822W109 2296 15300 SH Sole 15300
Aprica Healthcare COM 037933108 622 43100 SH Sole 29600 13500
Archer - Daniels Midland COM 039483102 345 33500 SH Sole 33500
Argosy Gaming Company COM 040228108 241 16900 SH Sole 6100 10800
Associated Banc Corp. COM 045487105 971 32500 SH Sole 25600 6900
Associates First Capital Corp COM 046008108 359 16801 SH Sole 16801
Astoria Financial Corp. COM 046265104 230 8100 SH Sole 8100
Asyst Technologies Inc COM 04648X107 831 14200 SH Sole 14200
Atlantic Richfield COM 048825103 1968 23150 SH Sole 23150
Atmel Corp. COM 049513104 2080 40300 SH Sole 35500 4800
Automatic Data Proc. COM 053015103 485 10050 SH Sole 10050
Avery Dennison COM 053611109 290 4750 SH Sole 4750
Avis Rent a Car Inc. COM 053790101 217 12300 SH Sole 4000 8300
BJ Services COM 055482103 3058 41400 SH Sole 36300 5100
BJ's Wholesale COM 05548J106 1155 30100 SH Sole 30100
Ball Corp. COM 058498106 3681 106500 SH Sole 104800 1700
Banc One Corp. COM 06423A103 673 19564 SH Sole 19564
Bank New York COM 064057102 4181 100600 SH Sole 100600
Bank of America Corp. COM 060505104 11160 212821 SH Sole 212821
Banta Corp. COM 066821109 226 12300 SH Sole 12300
Bard (C.R.), Inc. COM 067383109 542 14000 SH Sole 12700 1300
Bausch & Lomb COM 071707103 2020 38700 SH Sole 38700
Baxter Int COM 071813109 962 15350 SH Sole 15350
Bea Systems Inc COM 073325102 2539 34600 SH Sole 23300 11300
Bear Stearns Cos. COM 073902108 285 6251 SH Sole 6251
Beckman Instrument COM 075811109 411 6400 SH Sole 4000 2400
Bell Atlantic COM 077853109 9652 157900 SH Sole 157900
BellSouth COM 079860102 6937 148000 SH Sole 148000
Best Buy COM 086516101 7185 83550 SH Sole 83550
BestFoods COM 08658U101 372 7950 SH Sole 7950
Bethlehem Steel COM 087509105 205 34100 SH Sole 34100
Beverly Enterprises COM 087851309 77 20900 SH Sole 20900
Biogen Inc. COM 090597105 3808 54500 SH Sole 54500
Bisys Group COM 055472104 226 3400 SH Sole 3400
Bob Evans Farms COM 096761101 144 11500 SH Sole 11500
Boeing Company COM 097023105 4280 113200 SH Sole 113200
Boise Cascade COM 097383103 5501 158300 SH Sole 150400 7900
Boise Cascade Office COM 097403109 187 11400 SH Sole 11400
Borders Group COM 099709107 230 13400 SH Sole 12900 500
Borg-Warner Automotive COM 099724106 898 22800 SH Sole 16900 5900
Boyd Gaming COM 103304101 107 21600 SH Sole 21600
Briggs & Stratton COM 109043109 1581 38450 SH Sole 33950 4500
Brinker Intl COM 109641100 769 25900 SH Sole 21600 4300
Bristol - Myers COM 110122108 21051 368500 SH Sole 368500
Broadcom Corp. Cl A COM 111320107 583 2400 SH Sole 2400
Broadvision COM 111412102 301 6700 SH Sole 2000 4700
Broadwing, Inc. COM 111620100 1030 27700 SH Sole 27700
Brocade Communications Systems COM 111621108 1112 6200 SH Sole 4200 2000
Brunswick Corp. COM 117043109 4531 239250 SH Sole 228250 11000
Buffets Inc. COM 119882108 380 42100 SH Sole 35000 7100
Burlington Northern COM 12189T104 305 13400 SH Sole 13400
C.I.T. Group Inc. COM 125577106 335 17200 SH Sole 17200
CBS Corp COM 12490K107 1339 23650 SH Sole 23650
CDW Computer COM 125129106 397 4700 SH Sole 4700
CMG Informations Services COM 125750109 499 4400 SH Sole 4400
CMP group Inc COM 125887109 379 13000 SH Sole 13000
CNA Surety Corp. COM 12612L108 157 11300 SH Sole 5200 6100
CNF Transportation COM 12612W104 985 35500 SH Sole 35500
Cabletron Sys COM 126920107 934 31650 SH Sole 29150 2500
Calpine Corporation COM 131347106 2914 31000 SH Sole 23900 7100
Campbell Soup COM 134429109 363 11800 SH Sole 11800
Capital One Financial COM 14040H105 232 4850 SH Sole 4850
Carnival Corporation COM 143658102 617 24850 SH Sole 24850
Caterpillar Inc. COM 149123101 1382 35050 SH Sole 35050
Celgene Corp. COM 151020104 249 2500 SH Sole 300 2200
Cendant Corp COM 151313103 1745 94300 SH Sole 94300
Centex Corp. COM 152312104 3415 143400 SH Sole 143400
Central & Southwest COM 152357109 1589 92800 SH Sole 92800
Champion International COM 158525105 567 10650 SH Sole 10650
Chase Manhattan COM 16161A108 16967 194600 SH Sole 194600
Checkfree Corp COM 162816102 522 7400 SH Sole 6400 1000
Chesapeake Corp. COM 165159104 263 8900 SH Sole 8900
Chevron Corp. COM 166751107 5357 57950 SH Sole 57950
Chiron Corp. COM 170040109 1900 38100 SH Sole 37200 900
Chubb Corp. COM 171232101 328 4850 SH Sole 4850
Church & Dwight COM 171340102 263 15300 SH Sole 15300
Ciena Corp COM 171779101 1930 15300 SH Sole 14800 500
Circuit City Stores COM 172737108 3354 55100 SH Sole 55100
Cisco Systems COM 17275R102 58325 754400 SH Sole 754400
Citigroup COM 172967101 30262 505420 SH Sole 505420
Citrix Systems COM 177376100 3770 56900 SH Sole 56900
City National Corp. COM 178566105 465 13800 SH Sole 6200 7600
Clear Channel COM 184502102 435 6300 SH Sole 6300
Clorox Co. COM 189054109 251 7600 SH Sole 7600
Coastal Corp. COM 190441105 2256 49050 SH Sole 49050
Coca Cola Co. COM 191216100 4170 88850 SH Sole 88850
Coca Cola Enterprises COM 191219104 2818 130700 SH Sole 130700
Colgate - Palmolive COM 194162103 3118 55300 SH Sole 55300
Columbia Energy Group COM 197648108 276 4650 SH Sole 4650
Columbia Healthcare Corp COM 197677107 2464 97350 SH Sole 97350
Comcast Special Cl - A COM 200300200 10107 233020 SH Sole 232320 700
Comdisco Inc. COM 200336105 4318 97850 SH Sole 81450 16400
Commercial Metals Co. COM 201723103 210 7600 SH Sole 2200 5400
Compaq Computer COM 204493100 1107 41400 SH Sole 41400
Computer Assoc COM 204912109 1226 20950 SH Sole 20950
Computer Science Corp. COM 205363104 997 12600 SH Sole 12600
Comverse Technology COM 205862402 1304 6900 SH Sole 6900
ConAgra Inc. COM 205887102 1600 88300 SH Sole 88300
Concord EFS COM 206197105 454 19800 SH Sole 19800
Conectiv Inc. COM 206829103 658 37600 SH Sole 37600
Conexant Sys. COM 207142100 3266 46000 SH Sole 33500 12500
Conoco Inc Class A COM 208251306 332 13500 SH Sole 13500
Conoco Inc. Class B COM 208251405 423 16500 SH Sole 16500
Continental Airlines - B COM 210795308 315 7700 SH Sole 1700 6000
Convergys Corp. COM 212485106 1683 43500 SH Sole 43500
Cordant Technologies Inc. COM 218412104 2772 49000 SH Sole 45100 3900
Corning Inc. COM 219350105 10806 55700 SH Sole 55700
Costco Wholesale Corp COM 22160K105 473 9000 SH Sole 9000
Countrywide Credit COM 222372104 294 10800 SH Sole 10800
Covad Communications Group COM 222814204 413 5700 SH Sole 3100 2600
Credence Systems Corporation COM 225302108 513 4100 SH Sole 1100 3000
Crestline Capital Corporation COM 226153104 213 12200 SH Sole 3800 8400
Crown Cork & Seal COM 228255105 288 18000 SH Sole 18000
Cummins Engine COM 231021106 4797 127700 SH Sole 122100 5600
Cypress Semiconductor COM 232806109 774 15800 SH Sole 15800
DPL Inc. COM 233293109 302 13600 SH Sole 12200 1400
Darden Restaurants Inc. COM 237194105 523 29350 SH Sole 12950 16400
Dean Foods Co. COM 242361103 1129 42200 SH Sole 37600 4600
Dell Computer Corp. COM 247025109 6281 116450 SH Sole 116450
Delphi Automotive Systems Corp COM 247126105 380 23763 SH Sole 23763
Delta Air Lines COM 247361108 4651 87350 SH Sole 87350
Detroit Edison COM 233331107 2482 85050 SH Sole 85050
Dexter Corp. COM 252165105 779 14700 SH Sole 10700 4000
Diamond Offshore COM 25271C102 571 14300 SH Sole 11200 3100
Digital Lightwave inc. COM 253855100 586 9400 SH Sole 9400
Dollar Thrifty COM 256743105 253 14700 SH Sole 4400 10300
Dollar Tree Stores COM 256747106 308 5900 SH Sole 5900
Double Click COM 258609304 515 5500 SH Sole 3000 2500
Dow Chemical COM 260543103 10283 90200 SH Sole 90200
Dow Jones & Co. COM 260561105 266 3700 SH Sole 3700
Du Pont COM 263534109 6755 127600 SH Sole 127600
Duke Power COM 264399106 541 10300 SH Sole 10300
Dynegy COM 26816Q101 383 6111 SH Sole 6111
E M C Corp. COM 268648102 14692 116600 SH Sole 116600
E* Trade Group COM 269246104 1000 33200 SH Sole 33200
E-TEK Dynamics COM 269240107 870 3700 SH Sole 2900 800
Eastman Chemical Co. COM 277432100 202 4450 SH Sole 4450
Eastman Kodak COM 277461109 5065 93250 SH Sole 93250
Eaton Corp. COM 278058102 281 3600 SH Sole 3600
Echostar Communications - A COM 278762109 1564 19800 SH Sole 19800
Edison International COM 281020107 219 13250 SH Sole 13250
Electronic Arts COM 285512109 626 8800 SH Sole 8800
Electronic Data Systems COM 285661104 8999 140200 SH Sole 140200
Electronics for Imaging COM 286082102 342 5700 SH Sole 4300 1400
Emerson Electric COM 291011104 409 7700 SH Sole 7700
Energy East Corp. COM 29266M109 365 18400 SH Sole 18400
Enron Oil & Gas COM 293561106 8948 119500 SH Sole 119500
Ensco International COM 26874Q100 2706 74900 SH Sole 68100 6800
Entergy Corp. COM 29364G103 2224 110150 SH Sole 110150
Ethyl Corp. COM 297659104 117 38300 SH Sole 38300
Exodus Communications COM 302088109 1433 10200 SH Sole 5500 4700
Exxon Mobil Corp COM 30231g102 30272 388106 SH Sole 388106
FIServe COM 337738108 331 8900 SH Sole 8900
FMC Corp. COM 302491303 5721 101250 SH Sole 97350 3900
Family Dollar Stores COM 307000109 325 15600 SH Sole 15600
Fannie Mae COM 313586109 7285 128800 SH Sole 128800
FedEx Corporation COM 31428X106 1407 36250 SH Sole 36250
Federal Home Loan COM 313400301 1065 24100 SH Sole 24100
Federated Department Stores COM 31410H101 3940 93250 SH Sole 93250
Fidelity National Financial COM 316326107 213 15425 SH Sole 15425
Fifth Third Bancorp COM 316773100 963 15282 SH Sole 15282
First Data Corp. COM 319963104 6918 155900 SH Sole 155900
First Health Group Corp COM 320960107 206 6500 SH Sole 6500
First Security Corp. COM 336294103 482 40200 SH Sole 40200
First Union Corp. COM 337358105 965 25900 SH Sole 25900
First Virginia Banks COM 337477103 430 11450 SH Sole 9350 2100
Firstar Corp. COM 33763V109 819 35700 SH Sole 35700
Fleet Boston Financial Corp. COM 339030108 9973 273238 SH Sole 273238
Fleming Co. Inc. COM 339130106 279 18500 SH Sole 3100 15400
Fluor Corp. COM 343861100 319 10300 SH Sole 3200 7100
Ford Motor COM 345370100 8347 181700 SH Sole 181700
Fortune Brands COM 349631101 250 10000 SH Sole 10000
Foundation Health Systems-Clas COM 350404109 1450 181300 SH Sole 162000 19300
Freeport-McMoran Copper ClB COM 35671D857 1470 121900 SH Sole 118200 3700
Fuller H B Inc. COM 359694106 236 5900 SH Sole 5900
GTE Corp. COM 362320103 8612 121300 SH Sole 121300
GTech Holdings COM 400518106 484 26100 SH Sole 17300 8800
Galileo International COM 363547100 390 16200 SH Sole 16200
Gap (The) COM 364760108 4198 84275 SH Sole 84275
Gateway Inc. COM 367626108 649 11800 SH Sole 11800
Gatx Corp. COM 361448103 2725 71700 SH Sole 63500 8200
General Dynamics COM 369550108 485 9750 SH Sole 9750
General Electric COM 369604103 46516 298900 SH Sole 298900
General Mills COM 370334104 2356 65100 SH Sole 65100
General Motors COM 370442105 18264 220550 SH Sole 220550
General Motors Class H COM 370442832 1668 13400 SH Sole 13400
Genzyme Corp. COM 372917104 742 14800 SH Sole 14800
Geon Co. Inc. COM 37246W105 219 10200 SH Sole 3900 6300
Georgia - Pacific COM 373298108 6029 152400 SH Sole 152400
Georgia Pacific Timber COM 373298702 653 25500 SH Sole 15300 10200
Gillette Corp. COM 375766102 737 19550 SH Sole 19550
Global Crossing LTD COM G3921A100 3065 74865 SH Sole 74865
Golden State Bancorp COM 381197102 354 23700 SH Sole 20800 2900
Golden West Fin'l. COM 381317106 510 16350 SH Sole 16350
Grace (W.R.) & Co. COM 38388F108 1846 143400 SH Sole 129800 13600
Great A & P COM 390064103 2045 104850 SH Sole 98750 6100
Great Lakes Chemical COM 390568103 405 11900 SH Sole 11900
Guess? Inc. COM 401617105 358 11200 SH Sole 1900 9300
Guidant Corp COM 401698105 6930 117700 SH Sole 117700
Handleman Co COM 410252100 147 16600 SH Sole 2800 13800
Hanna M A COM 410522106 314 27800 SH Sole 27800
Harley Davidson Inc. COM 412822108 1968 24800 SH Sole 24800
Harmonic Inc. COM 413160102 491 5900 SH Sole 2900 3000
Hartford Financial Svcs Grp COM 416515104 287 5450 SH Sole 5450
Hartford Life Cl A COM 416592103 1209 25800 SH Sole 25800
Haverty Furniture COM 419596101 119 11200 SH Sole 11200
Hawaiian Electric COM 419870100 359 11300 SH Sole 11300
Healthsouth Rehabilitaion COM 421924101 280 49200 SH Sole 49200
Heller Financial Inc. COM 423328103 796 34600 SH Sole 25800 8800
Herbalife International COM 426908208 189 13400 SH Sole 2500 10900
Hewlett - Packard COM 428236103 10559 79650 SH Sole 79650
Highwoods Properties Inc. COM 431284108 201 9400 SH Sole 6300 3100
Hollinger International COM 435569108 212 19700 SH Sole 19700
Home Depot COM 437076102 14190 220006 SH Sole 220006
Honeywell International COM 438516106 2929 55599 SH Sole 55599
Horace Mann Educators COM 440327104 369 20000 SH Sole 20000
Hormel Foods COM 440452100 483 29400 SH Sole 29400
Houghton Mifflin COM 441560109 242 5700 SH Sole 5700
Household Intl. COM 441815107 5703 152850 SH Sole 152850
Howmet International COM 443208103 355 17600 SH Sole 13900 3700
Huntington Banc COM 446150104 221 9880 SH Sole 9880
I2 Technologies COM 465754109 867 7100 SH Sole 4300 2800
IBP Inc. COM 449223106 2296 145800 SH Sole 145800
IVAX Corp. COM 465823102 2390 87700 SH Sole 87700
Ikon Office Solutions COM 451713101 237 38300 SH Sole 38300
Illinois Tool Works COM 452308109 469 8485 SH Sole 8485
Imclone Systems COM 45245W109 338 4400 SH Sole 1200 3200
Immunex COM 452528102 1941 30600 SH Sole 30600
Indymac Mortgage Holdings COM 456607100 315 21100 SH Sole 6000 15100
Informix COM 456779107 268 15800 SH Sole 14700 1100
Infospace.com Inc. COM 45678T102 422 2900 SH Sole 1600 1300
Ingersoll - Rand COM 456866102 918 20750 SH Sole 20750
Inktomi Corporation COM 457277101 331 1700 SH Sole 1700
Int'l Business Mach. COM 459200101 26780 226950 SH Sole 226950
Int'l Paper COM 460146103 235 5500 SH Sole 5500
Int'l. Rectifier Corp. COM 460254105 263 6900 SH Sole 1000 5900
Integrated Device Tech. COM 458118106 999 25200 SH Sole 22300 2900
Intel Corp. COM 458140100 43757 331650 SH Sole 331650
Interpublic Group COM 460690100 350 7400 SH Sole 7400
Intertan Inc. COM 461120107 245 17850 SH Sole 2400 15450
Intimate Brands Inc. COM 461156101 924 22445 SH Sole 22445
Intuit Inc. COM 461202103 1289 23700 SH Sole 23700
J.D. Edward & Co. COM 281667105 254 7800 SH Sole 7800
J.P. Morgan & Co. COM 616880100 6976 52950 SH Sole 52950
JDS Uniphase Corp COM 46612J101 1736 14400 SH Sole 14400
Jabil Circuit Inc COM 466313103 804 18600 SH Sole 18600
Jack in the Box, Inc. COM 466367109 262 12300 SH Sole 1200 11100
Johnson & Johnson COM 478160104 17130 243837 SH Sole 243837
Johnson Controls COM 478366107 784 14500 SH Sole 14500
Jones Apparel Group COM 480074103 356 11252 SH Sole 11252
K Mart COM 482584109 394 40700 SH Sole 40700
KLA-Tencor COM 482480100 5291 62800 SH Sole 62800
Kaman Corp. Cl A COM 483548103 136 13900 SH Sole 13900
Kansas City Power & Light COM 485134100 1499 51700 SH Sole 51700
Kansas City Southern COM 485170104 447 5200 SH Sole 5200
Kaufman & Broad Home COM 486168107 983 45850 SH Sole 45850
Kelly Services COM 488152208 594 24800 SH Sole 19000 5800
Kemet Corp. COM 488360108 373 5900 SH Sole 1600 4300
Kennametal Inc. COM 489170100 595 19800 SH Sole 15000 4800
Kerr - McGee COM 492386107 4294 74350 SH Sole 74350
Kimberly - Clark COM 494368103 516 9200 SH Sole 9200
Kohls Corp. COM 500255104 338 3300 SH Sole 3300
Kroger Co. COM 501044101 359 20450 SH Sole 20450
LSI Logic Corp. COM 502161102 4699 64700 SH Sole 64700
LTX Corporation COM 502392103 1405 31100 SH Sole 23000 8100
Laboratory Crp of Amer Holding COM 50540R409 257 60400 SH Sole 60400
Lafarge Corp COM 505862102 361 15200 SH Sole 15200
Lam Research Corp COM 512807108 622 13800 SH Sole 2700 11100
Lancaster Colony COM 513847103 300 9801 SH Sole 9801
Lands End COM 515086106 705 11500 SH Sole 9800 1700
Landstar Sys. Inc. COM 515098101 263 4800 SH Sole 4800
Lear Corporation COM 521865105 239 8500 SH Sole 2200 6300
Legato Systems Inc COM 524651106 339 7600 SH Sole 6600 1000
Lehman Brothers COM 524908100 1712 17650 SH Sole 17650
Leucadia National Corp COM 527288104 321 13500 SH Sole 3700 9800
Level 3 Communications COM 52729N100 434 4100 SH Sole 4100
Liberty Financial COM 530512102 250 12600 SH Sole 3300 9300
Lilly (Eli) & Co. COM 532457108 3757 60000 SH Sole 60000
Lincare Holdings COM 532791100 616 21700 SH Sole 21700
Lincoln National COM 534187109 935 27900 SH Sole 27900
Linear Technology COM 535678106 610 11100 SH Sole 11100
Loew's Corp. COM 540424108 350 7000 SH Sole 7000
Lone Star Tech Inc. COM 542312103 214 4600 SH Sole 2100 2500
Lowe's Cos. COM 548661107 1529 26200 SH Sole 26200
Lubrizol Corp. COM 549271104 887 30800 SH Sole 30800
Lucent Technology COM 549463107 18183 293277 SH Sole 293277
MBNA Corp. COM 55262L100 1114 43700 SH Sole 43700
MCI-Worldcom Inc. COM 55268B106 11414 251900 SH Sole 251900
MCN Corp. COM 55267J100 210 8400 SH Sole 8400
MGIC Investment Corp COM 552848103 1915 43900 SH Sole 43900
Macromedia Inc. COM 556100105 659 7300 SH Sole 6100 1200
Macrovision Corporation COM 555904101 258 3000 SH Sole 3000
Mallinckrodt Group COM 561232109 3134 109000 SH Sole 102400 6600
Mandalay Resort Group COM 172909103 395 23400 SH Sole 21200 2200
Manpower Inc. COM 56418H100 923 26000 SH Sole 18800 7200
Marchfirst Inc. COM 566244109 288 8060 SH Sole 6503 1557
Mark IV Ind COM 570387100 496 22500 SH Sole 22500
Marketing Services Group Inc COM 570907105 222 12500 SH Sole 2100 10400
Marsh & McLennan COM 571748102 1053 9550 SH Sole 9550
Marshall & Ilsley Corporation COM 571834100 624 10800 SH Sole 10800
Maxim Integrated Products COM 57772K101 2366 33300 SH Sole 33300
McClatchy Co Cl. A COM 579489105 236 7200 SH Sole 3900 3300
McCormick & Co. COM 579780206 671 20800 SH Sole 20800
McDonald's Corp. COM 580135101 1032 27600 SH Sole 27600
McGraw-Hill COM 580645109 614 13500 SH Sole 13500
McLeodUSA Inc - A COM 582266102 1679 19800 SH Sole 18000 1800
Media General Inc Class A COM 584404107 299 5700 SH Sole 5700
Mediaone Group Inc. COM 58440J104 4767 58850 SH Sole 58850
Medimmune Inc. COM 584699102 1898 10900 SH Sole 9000 1900
Medtronic, Inc. COM 585055106 1512 29400 SH Sole 29400
Mellon Financial Corp. COM 58551A108 384 12900 SH Sole 12900
Mercantile Bankshares COM 587405101 735 24050 SH Sole 24050
Merck & Co. COM 589331107 17019 273950 SH Sole 273950
Mercury Interactive COM 589405109 404 5100 SH Sole 4100 1000
Meristar Hospitality Corp. COM 58984Y103 286 16400 SH Sole 3800 12600
Meritor Automotive COM 59000G100 805 50900 SH Sole 37600 13300
Merrill Lynch COM 590188108 15267 145400 SH Sole 145400
Metricom Inc. COM 591596101 288 6200 SH Sole 3600 2600
Metro-Goldwyn-Mayer Inc. COM 591610100 806 31700 SH Sole 29500 2200
Microsoft COM 594918104 56897 535500 SH Sole 535500
Microstrategy COM 594972101 470 5400 SH Sole 1600 3800
Millennium Chemicals Inc COM 599903101 290 14500 SH Sole 14500
Millennium Pharmaceuticals COM 599902103 1533 11800 SH Sole 7600 4200
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Minn. Min. & Mfg. COM 604059105 925 10450 SH Sole 10450
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Nabisco Group Holdings COM 62952P102 612 51000 SH Sole 51000
Nabisco Holdings Corp Cl A COM 629526104 1274 39500 SH Sole 39500
Nat'l Semiconductor COM 637640103 5340 87900 SH Sole 78100 9800
National Fuel Gas COM 636180101 241 5400 SH Sole 5400
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Netoptix Corporation COM 64116F103 756 4400 SH Sole 4400
Network Appliance Inc. COM 64120L104 2160 26100 SH Sole 12700 13400
Network Associates COM 640938106 739 22900 SH Sole 19000 3900
Network Solutions Cl A COM 64121Q102 261 1700 SH Sole 1000 700
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Nortel Networks Ltd. COM 656568102 22911 181830 SH Sole 178060 3770
Northern Trust COM 665859104 676 10000 SH Sole 10000
Northrop Grumman Corp COM 666807102 3187 60200 SH Sole 60200
Nova Corp/Gerogia COM 669784100 303 10400 SH Sole 10400
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Old Kent Financial Corp COM 679833103 205 6405 SH Sole 6405
Omnicom Group COM 681919106 2139 22850 SH Sole 22850
Oracle Systems COM 68389X105 31951 409300 SH Sole 409300
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PMI Group COM 69344M101 1044 22000 SH Sole 17000 5000
PNC Financial Services Group COM 693475105 4441 98550 SH Sole 98550
PPL Corporation COM 69351T106 1747 83450 SH Sole 83450
Pacific Century Financial COM 694058108 794 39100 SH Sole 30500 8600
Pacificare Health Systems COM 695112102 2065 41400 SH Sole 41400
Panamsat COM 697933109 324 6600 SH Sole 6600
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Peco Energy Co. COM 693304107 828 22450 SH Sole 22450
Pentair COM 709631105 371 10000 SH Sole 10000
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Pepsico Inc. COM 713448108 5810 166600 SH Sole 166600
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Pharmacia & Upjohn COM 716941109 872 14650 SH Sole 14650
Phelps Dodge COM 717265102 261 5500 SH Sole 5500
Philip Morris COM 718154107 10928 517300 SH Sole 517300
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Powerwave Technology COM 739363109 362 2900 SH Sole 600 2300
Praxair COM 74005P104 2560 61500 SH Sole 61500
Procter & Gamble COM 742718109 4164 73700 SH Sole 73700
Progress Software COM 743312100 262 11200 SH Sole 11200
Protective Life Corp COM 743674103 429 13500 SH Sole 6100 7400
Protein Design Labs COM 74369L103 238 3000 SH Sole 900 2100
Providian Corp. COM 74406A102 814 9400 SH Sole 9400
Pub Serv Enterp Inc COM 744573106 2469 83350 SH Sole 83350
Public Service of New Mex COM 744499104 348 22100 SH Sole 22100
Puget Sound Power & Light COM 745332106 439 19800 SH Sole 19800
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Puma Technology Inc COM 745887109 253 5000 SH Sole 5000
QLogic Corporation COM 747277101 2385 17600 SH Sole 12200 5400
Quaker Oats COM 747402105 1637 27000 SH Sole 27000
Qualcomm COM 747525103 13072 87550 SH Sole 87550
Quantum Corp-DLT & Storage COM 747906204 181 15200 SH Sole 11600 3600
Quantum Corp-Hard Disk Drive COM 747906303 130 11600 SH Sole 11600
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Reynolds & Reynolds COM 761695105 1696 62800 SH Sole 62800
Reynolds Metals COM 761763101 538 8050 SH Sole 7250 800
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Rockwell Int'l COM 773903109 3964 94800 SH Sole 94800
Rollins Truck Leasing COM 775741101 202 23900 SH Sole 5300 18600
Rowan Cos. COM 779382100 1108 37650 SH Sole 37650
Royal Dutch Petroleum COM 780257804 11438 197850 SH Sole 197850
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Ryland Group COM 783764103 223 11900 SH Sole 700 11200
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SPX Corp COM 784635104 308 2700 SH Sole 2700
Sabre Group Holdings COM 785905100 810 22184 SH Sole 22184
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Schwab, Charles COM 808513105 1077 18950 SH Sole 18950
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Time Warner Telecom - Cl A COM 887319101 739 9300 SH Sole 9300
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Titan Corporation COM 888266103 515 10100 SH Sole 4100 6000
Toys 'R' Us COM 892335100 4779 322600 SH Sole 322600
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Trigon Healthcare COM 89618L100 1055 29500 SH Sole 21400 8100
Trinity Industries COM 896522109 722 30500 SH Sole 22300 8200
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Tupperware Corp COM 899896104 3242 205000 SH Sole 205000
Tyco International LTD COM 902124106 7484 149300 SH Sole 149300
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Unilever N.V. COM 904784709 624 12967 SH Sole 12967
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Union Pacific COM 907818108 4175 106700 SH Sole 106700
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</TABLE>