<TABLE>
<C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
AT&T CORP COMMON 001957109 23649 419955 SH DEFINED 1 381855 500 37600
AXA FINL INC COMMON 002451102 7419 206800 SH DEFINED 1 184100 200 22500
ACTIVISION INC NEW COM NEW 004930202 181 15000 SH DEFINED 1 3000 0 12000
ADVANCED MICRO DEVICES I COMMON 007903107 48445 848983 SH DEFINED 1 800133 950 47900
ALCATEL DEPOSITORY RECEI 013904305 28584 662940 SH DEFINED 1 640840 525 21575
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 312 47600 SH DEFINED 1 47600 0 0
ALLSTATE CORP COMMON 020002101 8014 336527 SH DEFINED 1 310877 0 25650
ALLTEL CORP COMMON 020039103 30074 475482 SH DEFINED 1 445682 600 29200
ALZA CORP DEL COMMON 022615108 303 8075 SH DEFINED 1 3300 0 4775
AMERICA ONLINE INC DEL COMMON 02364J104 883 13100 SH DEFINED 1 10100 0 3000
AMERICAN GENERAL CORP COMMON 026351106 7477 133229 SH DEFINED 1 113803 200 19226
AMERICAN HOME PRODS CORP COMMON 026609107 11231 208950 SH DEFINED 1 196350 700 11900
AMERICAN NATL INS CO COMMON 028591105 1323 23000 SH DEFINED 1 23000 0 0
ARROW INTL INC COMMON 042764100 10656 339643 SH DEFINED 1 307943 0 31700
ASSOCIATES FIRST CAP COR CL A 046008108 9725 454981 SH DEFINED 1 403481 500 51000
ATLANTIC RICHFIELD COMMON 048825103 10829 127400 SH DEFINED 1 113100 300 14000
AVON PRODS INC COMMON 054303102 17222 588783 SH DEFINED 1 557183 700 30900
BAKER HUGHES INC COMMON 057224107 11672 385849 SH DEFINED 1 365849 0 20000
BANK OF AMERICA CORP OMMON 060505104 32448 618797 SH DEFINED 1 564997 750 53050
BANK ONE CORP COMMON 06423A103 543 15730 SH DEFINED 1 8915 400 6415
BAUSCH & LOMB INC COMMON 071707103 287 5500 SH DEFINED 1 1000 0 4500
BAXTER INTL INC COMMON 071813109 8956 142872 SH DEFINED 1 135322 0 7550
BEACON CAPITAL PARTNERS COMMON 073561102 2166 175000 SH DEFINED 1 175000 0 0
BLACK & DECKER CORP COMMON 091797100 1052 28000 SH DEFINED 1 15850 0 12150
BOEING CO COMMON 097023105 321 8500 SH DEFINED 1 350 0 8150
BOISE CASCADE CORP COMMON 097383103 15515 446479 SH DEFINED 1 409479 600 36400
BOYKIN LODGING CO COMMON 103430104 347 29500 SH DEFINED 1 27500 0 2000
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 171 10000 SH DEFINED 1 3000 0 7000
BURLINGTON RES INC COMMON 122014103 474 12800 SH DEFINED 1 9800 0 3000
CAMPBELL SOUP CO COMMON 134429109 769 25000 SH DEFINED 1 25000 0 0
CARPENTER TECHNOLOGY COR COMMON 144285103 2674 128500 SH DEFINED 1 98400 0 30100
CERIDIAN CORP COMMON 15677T106 10049 523735 SH DEFINED 1 502435 0 21300
CHARTER COMMUNICATIONS I CL A 16117M107 358 25000 SH DEFINED 1 24000 0 1000
CHASE MANHATTAN CORP NEW OMMON 16161A108 16517 189445 SH DEFINED 1 172470 275 16700
CHEVRON CORPORATION COMMON 166751107 282 3050 SH DEFINED 1 50 0 3000
CISCO SYS INC COMMON 17275R102 4824 62400 SH DEFINED 1 62400 0 0
CITIGROUP INC COMMON 172967101 19825 331105 SH DEFINED 1 299050 725 31330
CITIZENS COMMUNICATIONS COMMON 17453B101 168 10250 SH DEFINED 1 4250 0 6000
COLONIAL PPTYS TR COM SH BEN INT 195872106 950 40000 SH DEFINED 1 40000 0 0
COLUMBIA/HCA HEALTHCARE COMMON 197677107 16292 643621 SH DEFINED 1 585546 1325 56750
COMPAQ COMPUTER CORP COMMON 204493100 43112 1596743 SH DEFINED 1 1471068 2300 123375
COMPUTER ASSOC INTL INC COMMON 204912109 2871 48500 SH DEFINED 1 48500 0 0
CONOCO CL A CL A 208251306 7833 318100 SH DEFINED 1 286000 0 32100
CONOCO CL B CL B 208251405 11512 449252 SH DEFINED 1 402445 981 45826
CONSECO INC COMMON 208464107 17440 1524787 SH DEFINED 1 1394787 2400 127600
CORPORATE OFFICE PPTYS T SH BEN INT 22002T108 3486 425800 SH DEFINED 1 379600 0 46200
CRESCENT REAL ESTATE EQU COMMON 225756105 6964 397950 SH DEFINED 1 362550 1000 34400
DELL COMPUTER CORP COMMON 247025109 13780 255486 SH DEFINED 1 232986 300 22200
DELTA AIR LINES INC DEL COMMON 247361108 586 11000 SH DEFINED 1 5000 0 6000
DISNEY WALT CO COM DISNEY 254687106 19213 465780 SH DEFINED 1 414830 600 50350
DU PONT E I DE NEMOURS & COMMON 263534109 13947 263456 SH DEFINED 1 243625 517 19314
EASTMAN CHEM CO COMMON 277432100 11940 262416 SH DEFINED 1 245666 200 16550
EASTMAN KODAK CO COMMON 277461109 17178 316285 SH DEFINED 1 291785 300 24200
EDWARDS LIFESCIENCES COR COMMON 28176E108 294 21700 SH DEFINED 1 20190 0 1510
ELECTRONIC DATA SYS NEW COMMON 285661104 39702 618532 SH DEFINED 1 579282 775 38475
EMERSON ELEC CO COMMON 291011104 13052 245688 SH DEFINED 1 212138 350 33200
EXXON MOBIL CORP COMMON 30231G102 234 3000 SH DEFINED 1 3000 0 0
F M C CORP COM NEW 302491303 20873 369433 SH DEFINED 1 336533 600 32300
FEDERAL HOME LN MTG CORP COMMON 313400301 10455 236609 SH DEFINED 1 204609 200 31800
FEDERAL NATL MTG ASSN COMMON 313586109 806 14250 SH DEFINED 1 8800 0 5450
FEDERATED DEPT ST COMMON 31410H101 16504 390638 SH DEFINED 1 357738 500 32400
FIDELITY NATL FINL INC COMMON 316326107 722 52300 SH DEFINED 1 49300 400 2600
FIRST UN CORP COMMON 337358105 11943 320616 SH DEFINED 1 291066 0 29550
FIRSTAR CORP NEW WIS COMMON 33763V109 414 18046 SH DEFINED 1 0 0 18046
FLEETBOSTON FINL CORP COMMON 339030108 14281 391258 SH DEFINED 1 363105 200 27953
FLOWSERVE CORP COMMON 34354P105 11180 868333 SH DEFINED 1 801633 700 66000
FORD MTR CO DEL COMMON 345370100 305 6650 SH DEFINED 1 450 0 6200
FREEPORT-MCMORAN COPPER CL B 35671D857 1993 165200 SH DEFINED 1 165200 0 0
GTE CORP COMMON 362320103 28197 397140 SH DEFINED 1 371815 625 24700
GATEWAY INC COMMON 367626108 2467 46500 SH DEFINED 1 43000 0 3500
GAYLORD CONTAINER CORP CL A 368145108 128 20000 SH DEFINED 1 0 0 20000
GILLETTE CO COMMON 375766102 1853 49175 SH DEFINED 1 44550 0 4625
GLENBOROUGH RLTY TR INC COMMON 37803P105 1682 116000 SH DEFINED 1 103000 0 13000
GLENBOROUGH RLTY TR INC PFD CV SER A% 37803P204 300 20000 SH DEFINED 1 20000 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 1924 142500 SH DEFINED 1 120400 0 22100
HALLIBURTON CO COMMON 406216101 19896 483782 SH DEFINED 1 446932 800 36050
ARIES PARTNERS L.P. LP 421993106 1200 1479280 SH DEFINED 1 1479280 0 0
HEALTHCARE FINANCIAL COMMON 42220C109 12648 632405 SH DEFINED 1 610595 0 21810
HERCULES INC COMMON 427056106 11042 684800 SH DEFINED 1 620200 600 64000
HEWLETT PACKARD CO COMMON 428236103 1023 7700 SH DEFINED 1 5700 0 2000
HILTON HOTELS CORP COMMON 432848109 1904 245687 SH DEFINED 1 245687 0 0
HONEYWELL INTL INC COMMON 438516106 17106 324677 SH DEFINED 1 299347 550 24780
HOUSEHOLD INTL INC COMMON 441815107 2577 69066 SH DEFINED 1 52900 100 16066
INGERSOLL-RAND CO COMMON 456866102 16685 377053 SH DEFINED 1 345053 600 31400
INTERNATIONAL BUSINESS M COMMON 459200101 27271 231114 SH DEFINED 1 216614 200 14300
INTL PAPER CO COMMON 460146103 20768 485800 SH DEFINED 1 434650 700 50450
JOHNSON & JOHNSON COMMON 478160104 21203 301828 SH DEFINED 1 287578 200 14050
KELLOGG CO COMMON 487836108 515 20000 SH DEFINED 1 6000 0 14000
KERR MCGEE CORP COMMON 492386107 13491 233604 SH DEFINED 1 223204 0 10400
KIMBERLY CLARK CORP COMMON 494368103 23049 411137 SH DEFINED 1 373137 800 37200
LILLY ELI & CO COMMON 532457108 651 10400 SH DEFINED 1 9300 0 1100
LOWES COS INC COMMON 548661107 18774 321605 SH DEFINED 1 303530 0 18075
LUCENT TECHNOLOGIES INC COMMON 549463107 20532 335219 SH DEFINED 1 322119 0 13100
LYONDELL CHEMICAL CO COMMON 552078107 2897 196400 SH DEFINED 1 195800 600 0
MGIC INVT CORP WIS COMMON 552848103 18113 415201 SH DEFINED 1 372701 400 42100
MACK CALI RLTY CORP COMMON 554489104 8886 348460 SH DEFINED 1 310360 0 38100
MEAD CORP COMMON 582834107 16425 470122 SH DEFINED 1 447722 1000 21400
MEDIAONE GROUP INC COMMON 58440J104 2772 34225 SH DEFINED 1 27675 0 6550
MELLON FINL CORP COMMON 58551A108 428 14400 SH DEFINED 1 10000 0 4400
MERCK & CO INC COMMON 589331107 21228 341694 SH DEFINED 1 322569 350 18775
MERISTAR HOSPITALITY COR COMMON 58984Y103 1188 68121 SH DEFINED 1 49971 650 17500
MICROSOFT CORP COMMON 594918104 2274 21400 SH DEFINED 1 20725 150 525
MINNESOTA MNG & MFG CO COMMON 604059105 30601 345535 SH DEFINED 1 317435 550 27550
NABISCO HLDGS CORP CL A 629526104 232 7200 SH DEFINED 1 7200 0 0
NATIONWIDE FINL SVCS INC CL A 638612101 1331 45500 SH DEFINED 1 27700 200 17600
NEWPARK RES INC COM PAR $.01NEW 651718504 1080 135000 SH DEFINED 1 135000 0 0
NOVELL INC COMMON 670006105 4654 162600 SH DEFINED 1 157000 0 5600
PMI GROUP INC COMMON 69344M101 24624 519089 SH DEFINED 1 487789 300 31000
PACKAGING CORP AMER COMMON 695156109 2344 223200 SH DEFINED 1 223200 0 0
PACTIV CORP COMMON 695257105 4835 556550 SH DEFINED 1 533050 0 23500
PALM INC COMMON 696642107 283 6300 SH DEFINED 1 700 100 5500
PARKER HANNIFIN CORP COMMON 701094104 4760 115225 SH DEFINED 1 104100 150 10975
PEGASUS SOLUTIONS INC COMMON 705906105 368 23300 SH DEFINED 1 23300 0 0
PHARMACIA CORP COMMON 71713U102 817 15090 SH DEFINED 1 5593 357 9140
PRAXAIR INC COMMON 74005P104 21310 511955 SH DEFINED 1 474405 500 37050
PROCTER & GAMBLE CO COMMON 742718109 16085 284682 SH DEFINED 1 263832 500 20350
PUBLIC STORAGE INC COMMON 74460D109 6138 292286 SH DEFINED 1 284786 0 7500
R & B FALCON CORP COMMON 74912E101 18369 933052 SH DEFINED 1 885252 1300 46500
RADIAN GROUP INC COMMON 750236101 4405 92500 SH DEFINED 1 78900 100 13500
RECKSON ASSOCS RLTY CORP PFD CV SER A% 75621K205 379 20000 SH DEFINED 1 20000 0 0
REYNOLDS METALS CO COMMON 761763101 9870 147595 SH DEFINED 1 139545 250 7800
SBC COMMUNICATIONS INC COMMON 78387G103 23143 549379 SH DEFINED 1 497879 800 50700
SAP AKTIENGESELLSCHAFT DEPOSITORY RECEI 803054204 11202 187475 SH DEFINED 1 174275 450 12750
SCHLUMBERGER LTD COMMON 806857108 8844 115614 SH DEFINED 1 110814 0 4800
SEALED AIR CORP NEW COMMON 81211K100 435 8000 SH DEFINED 1 2600 0 5400
SMURFIT-STONE CONTAINER COMMON 832727101 169 10000 SH DEFINED 1 0 0 10000
SOVEREIGN BANCORP INC COMMON 845905108 13896 1837474 SH DEFINED 1 1641874 1600 194000
SPRINT CORP COM FON GROUP 852061100 8809 139268 SH DEFINED 1 126418 400 12450
STARWOOD HOTELS&RESORTS PAIRED CTF 85590A203 3707 143967 SH DEFINED 1 134467 0 9500
SUMMIT BANCORP COMMON 866005101 998 38000 SH DEFINED 1 35000 0 3000
SUNOCO INC COMMON 86764P109 219 8000 SH DEFINED 1 2000 0 6000
TANDY CORP COMMON 875382103 17709 348952 SH DEFINED 1 320102 500 28350
TEMPLE INLAND INC COMMON 879868107 14018 281425 SH DEFINED 1 260825 200 20400
TENET HEALTHCARE CORP COMMON 88033G100 12584 541236 SH DEFINED 1 494436 1200 45600
TEXACO INC COMMON 881694103 1660 30875 SH DEFINED 1 13075 200 17600
3COM CORP COMMON 885535104 820 14750 SH DEFINED 1 14750 0 0
TIMKEN CO COMMON 887389104 260 16000 SH DEFINED 1 15000 0 1000
TOSCO CORP COM NEW 891490302 2870 93700 SH DEFINED 1 93700 0 0
TRAVELERS PPTY CAS CORP CL A 893939108 1790 43400 SH DEFINED 1 43400 0 0
TYCO INTL LTD NEW COMMON 902124106 15329 305820 SH DEFINED 1 283070 0 22750
UAL CORP COM PAR $0.01 902549500 15839 261799 SH DEFINED 1 239749 450 21600
USX MARATHON GROUP COM NEW 902905827 11398 437330 SH DEFINED 1 393030 800 43500
US BANCORP DEL COMMON 902973106 1663 76000 SH DEFINED 1 70500 0 5500
USX-U S STL COMMON 90337T101 14752 590065 SH DEFINED 1 550365 700 39000
UNIONBANCAL CORP COMMON 908906100 10060 365000 SH DEFINED 1 323100 300 41600
UNISYS CORP COMMON 909214108 33619 1308784 SH DEFINED 1 1206684 1300 100800
U S WEST INC NEW COMMON 91273H101 218 3000 SH DEFINED 1 0 0 3000
UNITED TECHNOLOGIES CORP COMMON 913017109 14590 230895 SH DEFINED 1 221745 0 9150
UNOCAL CORP COMMON 915289102 26239 881978 SH DEFINED 1 817478 1400 63100
UNUMPROVIDENT CORP COMMON 91529Y106 8931 527300 SH DEFINED 1 481500 0 45800
V F CORP COMMON 918204108 683 28400 SH DEFINED 1 20000 0 8400
VALERO ENERGY CORP NEW COMMON 91913Y100 13624 443946 SH DEFINED 1 412596 650 30700
VIVUS INC COMMON 928551100 83 10000 SH DEFINED 1 0 0 10000
WARNER LAMBERT CO COMMON 934488107 391 4000 SH DEFINED 1 0 0 4000
WASHINGTON MUT INC COMMON 939322103 17692 667640 SH DEFINED 1 597090 850 69700
WATSON PHARMACEUTICALS I COMMON 942683103 7060 177888 SH DEFINED 1 172713 0 5175
WESTVACO CORP COMMON 961548104 334 10000 SH DEFINED 1 0 0 10000
WILLIAMS COS INC DEL COMMON 969457100 21883 498048 SH DEFINED 1 463048 600 34400
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