UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
------------------
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: VALUE LINE INC.
------------------------------
Address: 220 East 42nd Street
------------------------------
New York, NY 10017
------------------------------
Form 13F File Number: 28-00401
--------
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: David Henigson
------------------------------
Title: Vice President
------------------------------
Phone: 212-907-1610
------------------------------
Signature, Place, and Date of Signing:
/s/ David Henigson New York, N.Y. February 16, 2000
- --------------------------- ----------------- -----------------
[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.)
|_| 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting managers(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-
-------------------- -----------------------
[Repeat as necessary.]
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
-------------------
Form 13F Information Table Entry Total: 642
-------------------
Form 13F Information Table Value Total: 5,282,490,371
-------------------
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
------ ------------------------ --------------------------
[Repeat as necessary.]
<PAGE>
<TABLE>
<CAPTION>
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 D C TELECOMMUNICATIONS COMMON 000886101 25687 354000 SH DEFINED 0 354000 0
ACTV INC COMMON 00088E104 1361 29800 SH DEFINED 0 29800 0
ABM INDS INC COMMON 000957100 287 14100 SH DEFINED 0 14100 0
ACT MFG INC COMMON 000973107 1028 27400 SH DEFINED 0 27400 0
AES CORP COMMON 00130H105 63186 845300 SH DEFINED 0 708200 137100
AES CORP SDCV 4.500 8/1 00130HAN5 1469 1000000 PRN DEFINED 0 1000000 0
AMFM INC COMMON 001693100 5050 64531 SH DEFINED 0 64531 0
ASM LITHOGRAPHY HOLDING NOTE 4.250 11/3 00207EAB6 581 500000 PRN DEFINED 0 500000 0
AT & T CDA INC DEPS RCPT CL B 00207Q202 869 21600 SH DEFINED 0 21600 0
AVT CORP COMMON 002420107 2007 42700 SH DEFINED 0 42700 0
AXA FINL INC COMMON 002451102 10880 320000 SH DEFINED 0 320000 0
ABERCROMBIE & FITCH CO CL A 002896207 19842 743480 SH DEFINED 0 743480 0
ACTUATE CORP COMMON 00508B102 3516 82000 SH DEFINED 0 82000 0
ADAPTIVE BROADBAND CORP COMMON 00650M104 1358 18400 SH DEFINED 0 18400 0
ADAPTEC INC COMMON 00651F108 6683 134000 SH DEFINED 0 134000 0
ADELPHIA COMMUNICATIONS CL A 006848105 2016 30716 SH DEFINED 0 30716 0
ADELPHIA COMMUNICATIONS PFD CV SER D 006848402 899 5000 SH DEFINED 0 5000 0
ADOBE SYS INC COMMON 00724F101 37035 550700 SH DEFINED 0 550700 0
ADVANCE PARADIGM INC COMMON 007491103 1613 74800 SH DEFINED 0 74800 0
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADVANCED DIGITAL INFORMA COMMON 007525108 1109 22800 SH DEFINED 0 22800 0
ADVANCED ENERGY INDS COMMON 007973100 2197 44600 SH DEFINED 0 44600 0
ADVANCED ENERGY INDS NOTE 5.250 11/1 007973AA8 298 250000 PRN DEFINED 0 250000 0
AES TR III PFD CV 6.75% 00808N202 616 10000 SH DEFINED 0 10000 0
AFFILIATED COMPUTER SERV NOTE 4.000 3/1 008190AC4 601 500000 PRN DEFINED 0 500000 0
AFFYMETRIX INC COMMON 00826T108 1188 7000 SH DEFINED 0 7000 0
AFFYMETRIX INC NOTE 5.000 10/0 00826TAA6 745 500000 PRN DEFINED 0 500000 0
AIRBORNE FGHT CORP COMMON 009266107 770 35000 SH DEFINED 0 0 35000
AKAMAI TECHNOLOGIES INC COMMON 00971T101 491 1500 SH DEFINED 0 1500 0
ALBERTSONS INC COMMON 013104104 1451 45000 SH DEFINED 0 45000 0
ALLEGIANCE TELECOM INC COMMON 01747T102 1006 10900 SH DEFINED 0 10900 0
ALLERGAN INC COMMON 018490102 13054 262400 SH DEFINED 0 262400 0
ALLIANT TECHSYSTEMS INC COMMON 018804104 561 9000 SH DEFINED 0 9000 0
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 520 59000 SH DEFINED 0 0 59000
ALLSTATE CORP COMMON 020002101 1781 74000 SH DEFINED 0 0 74000
ALLTEL CORP COMMON 020039103 5375 65000 SH DEFINED 0 65000 0
ALPHA INDS INC COMMON 020753109 751 13100 SH DEFINED 0 13100 0
ALPHARMA INC CL A 020813101 1132 36800 SH DEFINED 0 36800 0
ALTERA CORP COMMON 021441100 22060 445100 SH DEFINED 0 445100 0
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
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>
AMERICA ONLINE INC DEL COMMON 02364J104 139822 1842800 SH DEFINED 0 1482400 360400
AOL CONV BOND 02364JAC8 1978 3500000 PRN DEFINED 0 3500000 0
AMERICAN EAGLE OUTFITTER COMMON 02553E106 1670 37100 SH DEFINED 0 37100 0
AMERICAN EXPRESS CO COMMON 025816109 39667 238600 SH DEFINED 0 238600 0
AMERICAN FREIGHTWAYS COR COMMON 02629V108 604 37300 SH DEFINED 0 37300 0
AMERICAN GENERAL CORP COMMON 026351106 304 4000 SH DEFINED 0 4000 0
AMERICAN INTL GROUP INC COMMON 026874107 99411 919405 SH DEFINED 0 730490 188915
AMERICAN STD COS INC DEL COMMON 029712106 505 11000 SH DEFINED 0 11000 0
AMES DEPT STORES INC COM NEW 030789507 1297 45000 SH DEFINED 0 45000 0
AMGEN INC COMMON 031162100 42536 708200 SH DEFINED 0 708200 0
ANADIGICS INC COMMON 032515108 779 16500 SH DEFINED 0 16500 0
ANALOG DEVICES INC COMMON 032654105 1023 11000 SH DEFINED 0 11000 0
ANCOR COMMUNICATIONS INC COMMON 03332K108 2260 33300 SH DEFINED 0 33300 0
ANDRX CORP COMMON 034551101 1134 26800 SH DEFINED 0 26800 0
ANNTAYLOR STORES CORP COMMON 036115103 5431 157700 SH DEFINED 0 157700 0
ANNTAYLOR STORES CORP SDCV .550 6/1 036115AA1 531 1000000 PRN DEFINED 0 1000000 0
APPLEBEES INTL INC COMMON 037899101 670 22700 SH DEFINED 0 22700 0
APPLIED MATLS INC COMMON 038222105 22918 180900 SH DEFINED 0 180900 0
APPLIED PWR INC CL A 038225108 213 5800 SH DEFINED 0 5800 0
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
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>
APPLIED MICRO CIRCUITS C COMMON 03822W109 2952 23200 SH DEFINED 0 23200 0
APPLIED SCIENCE & TECHNO COMMON 038236105 944 28400 SH DEFINED 0 28400 0
APTARGROUP INC COMMON 038336103 259 10300 SH DEFINED 0 10300 0
ARDENT SOFTWARE INC COMMON 039794102 1096 28100 SH DEFINED 0 28100 0
AREMISSOFT CORP DEL COMMON 040026106 325 10000 SH DEFINED 0 10000 0
ARGOSY GAMING CO COMMON 040228108 918 59000 SH DEFINED 0 59000 0
ARM HLDGS PLC DEPOSITORY RECEI 042068106 2298 12000 SH DEFINED 0 12000 0
ARTHROCARE CORP COMMON 043136100 793 13000 SH DEFINED 0 13000 0
AT HOME CORP COM SER A 045919107 480 11200 SH DEFINED 0 11200 0
AT HOME CORP NOTE 4.750 12/1 045919AD9 475 500000 PRN DEFINED 0 500000 0
ASTEC INDS INC COMMON 046224101 602 32000 SH DEFINED 0 32000 0
ATHENA NEUROSCIENCES INC NOTE 4.750 11/1 046854AB1 1015 1000000 PRN DEFINED 0 1000000 0
AUDIOVOX CORP CL A 050757103 1240 41000 SH DEFINED 0 41000 0
AVERY DENNISON CORP COMMON 053611109 2041 28000 SH DEFINED 0 28000 0
BJS WHOLESALE CLUB INC COMMON 05548J106 1004 27500 SH DEFINED 0 27500 0
BMC SOFTWARE INC COMMON 055921100 46068 576300 SH DEFINED 0 370500 205800
BALL CORP COMMON 058498106 236 6000 SH DEFINED 0 6000 0
BANK OF AMERICA CORP COMMON 060505104 1988 39606 SH DEFINED 0 0 39606
BANKBOSTON CORP COMMON 06605R106 2429 56000 SH DEFINED 0 0 56000
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
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>
BEA SYS INC COMMON 073325102 909 13000 SH DEFINED 0 13000 0
BEA SYS INC NOTE 4.000 12/1 073325AC6 583 500000 PRN DEFINED 0 500000 0
BEBE STORES INC COMMON 075571109 405 15000 SH DEFINED 0 15000 0
BED BATH & BEYOND INC COMMON 075896100 41849 1204300 SH DEFINED 0 1092200 112100
BELL ATLANTIC CORP COMMON 077853109 585 9500 SH DEFINED 0 9500 0
BELL ATLANTIC (EURO) ISN# XS008990930 07785GAC4 2473 2000000 PRN DEFINED 0 2000000 0
BERKSHIRE HATHAWAY INC D NOTE 1.000 12/0 084670AF5 2505 1000000 PRN DEFINED 0 1000000 0
BEST BUY INC COMMON 086516101 26165 520700 SH DEFINED 0 520100 600
BINDLEY WESTN INDS INC COMMON 090324104 979 64977 SH DEFINED 0 64977 0
BIOGEN INC COMMON 090597105 47007 556300 SH DEFINED 0 555400 900
BIOVAIL CORP INTL NEW COMMON 09067K106 1219 13000 SH DEFINED 0 13000 0
BLACK BOX CORP DEL COMMON 091826107 2291 34200 SH DEFINED 0 34200 0
BLANCH E W HLDGS INC COMMON 093210102 1237 20200 SH DEFINED 0 20200 0
BRADY CORP CL A 104674106 322 9500 SH DEFINED 0 9500 0
BRIGGS & STRATTON CORP COMMON 109043109 4558 85000 SH DEFINED 0 85000 0
BRINKER INTL INC COMMON 109641100 4784 198300 SH DEFINED 0 198300 0
BRIO TECHNOLOGY INC COMMON 109704106 752 17900 SH DEFINED 0 17900 0
BRISTOL MYERS SQUIBB CO COMMON 110122108 3787 59000 SH DEFINED 0 59000 0
BROADCOM CORP CL A 111320107 1362 5000 SH DEFINED 0 5000 0
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
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>
BROADVISION INC COMMON 111412102 8886 52250 SH DEFINED 0 52250 0
BROADWING INC COMMON 111620100 2028 55000 SH DEFINED 0 55000 0
BROWN TOM INC COM NEW 115660201 245 18300 SH DEFINED 0 18300 0
BUSINESS OBJECTS S A DEPOSITORY RECEI 12328X107 2031 15200 SH DEFINED 0 15200 0
CBS CORP COMMON 12490K107 15671 245100 SH DEFINED 0 245100 0
CDW COMPUTER CTRS INC COMMON 125129106 1101 14000 SH DEFINED 0 14000 0
CNF TRANSN INC COMMON 12612W104 1553 45000 SH DEFINED 0 45000 0
CSG SYS INTL INC COMMON 126349109 662 16600 SH DEFINED 0 16600 0
CTS CORP COMMON 126501105 3015 40000 SH DEFINED 0 40000 0
CVS CORP COMMON 126650100 21239 532636 SH DEFINED 0 531036 1600
CABLEVISION SYS CORP CL A 12686C109 17697 234400 SH DEFINED 0 154400 80000
CALIFORNIA AMPLIFIER INC COMMON 129900106 918 34900 SH DEFINED 0 34900 0
AMERICAN TOWER CP CONV BOND 144A 129912AC5 0 1000000 PRN DEFINED 0 1000000 0
CALPINE CAP TR TIDES CV 5.75% 131346207 654 10000 SH DEFINED 0 10000 0
CALPINE CORP COMMON 131347106 3891 60800 SH DEFINED 0 60800 0
CANANDAIGUA BRANDS INC CL A 137219200 1367 26800 SH DEFINED 0 26800 0
CAPITAL ONE FINL CORP COMMON 14040H105 5522 114600 SH DEFINED 0 32000 82600
CARDINAL HEALTH INC COMMON 14149Y108 13711 286390 SH DEFINED 0 226390 60000
CAREER EDUCATION CORP COMMON 141665109 579 15100 SH DEFINED 0 15100 0
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
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>
CARNIVAL CORP COMMON 143658102 15831 331100 SH DEFINED 0 243100 88000
CATALINA MARKETING CORP COMMON 148867104 764 6600 SH DEFINED 0 6600 0
CATHAY BANCORP INC COMMON 149150104 357 8700 SH DEFINED 0 8700 0
CELESTICA INC SUB VTG SHS 15101Q108 1554 28000 SH DEFINED 0 28000 0
CELGENE CORP COMMON 151020104 980 14000 SH DEFINED 0 14000 0
CENTEX CORP COMMON 152312104 2469 100000 SH DEFINED 0 100000 0
CENTEX CONSTRUCTION PROD COMMON 15231R109 963 24700 SH DEFINED 0 24700 0
CENTRAL NEWSPAPERS INC CL A 154647101 819 20800 SH DEFINED 0 20800 0
CENTURYTEL INC COMMON 156700106 12181 257125 SH DEFINED 0 257125 0
CHARMING SHOPPES INC NOTE 7.500 7/1 161133AA1 509 500000 PRN DEFINED 0 500000 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 26289 338400 SH DEFINED 0 338400 0
CHATTEM INC COMMON 162456107 325 17100 SH DEFINED 0 17100 0
CHECKFREE CONV BOND 144A 162816AA0 794 500000 PRN DEFINED 0 500000 0
CHEESECAKE FACTORY INC COMMON 163072101 914 26100 SH DEFINED 0 26100 0
CHICOS FAS INC COMMON 168615102 2201 58500 SH DEFINED 0 58500 0
CHILDRENS PL RETAIL STOR COMMON 168905107 554 33700 SH DEFINED 0 33700 0
CHURCH & DWIGHT INC COMMON 171340102 843 31600 SH DEFINED 0 31600 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 34031 755200 SH DEFINED 0 755200 0
CISCO SYS INC COMMON 17275R102 176905 1651387 SH DEFINED 0 1293387 358000
</TABLE>
7
<PAGE>
<TABLE>
<CAPTION>
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>
CITIGROUP INC COMMON 172967101 80756 1450170 SH DEFINED 0 1182270 267900
CITRIX SYS INC COMMON 177376100 13296 108100 SH DEFINED 0 107600 500
CITRIX SYSTEMS ZERO 177376AA8 883 1000000 PRN DEFINED 0 1000000 0
CITY NATL CORP COMMON 178566105 300 9100 SH DEFINED 0 9100 0
CLARUS CORP COMMON 182707109 1366 20700 SH DEFINED 0 20700 0
CLEAR CHANNEL COMMUNICAT COMMON 184502102 78084 874886 SH DEFINED 0 716086 158800
CLEAR CHANNEL COMMUNICAT NOTE 2.625 4/0 184502AB8 2218 1500000 PRN DEFINED 0 1500000 0
CLEAR CHANNEL COMMUNICAT NOTE 1.500 12/0 184502AE2 511 500000 PRN DEFINED 0 500000 0
CLOROX CO DEL COMMON 189054109 2519 50000 SH DEFINED 0 50000 0
COGNIZANT TECHNOLOGY SOL CL A 192446102 1793 16400 SH DEFINED 0 16400 0
COGNOS INC COMMON 19244C109 863 18700 SH DEFINED 0 18700 0
COLE KENNETH PRODTNS INC CL A 193294105 1450 31700 SH DEFINED 0 31700 0
COLGATE PALMOLIVE CO COMMON 194162103 9750 150000 SH DEFINED 0 150000 0
COMCAST CORP CL A SPL 200300200 10972 217000 SH DEFINED 0 217000 0
COMCAST(PCS) CONV PREF 200300507 665 7000 SH DEFINED 0 7000 0
COMMSCOPE INC COMMON 203372107 1854 46000 SH DEFINED 0 46000 0
COMPAQ COMPUTER CORP COMMON 204493100 4601 170000 SH DEFINED 0 80000 90000
COMPUTER ASSOC INTL INC COMMON 204912109 35311 504887 SH DEFINED 0 459587 45300
COMPUTER SCIENCES CORP COMMON 205363104 2082 22000 SH DEFINED 0 22000 0
</TABLE>
8
<PAGE>
<TABLE>
<CAPTION>
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>
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 14598 100850 SH DEFINED 0 100000 850
COMVERSE TECHNOLOGY INC NOTE 4.500 7/0 205862AF2 852 250000 PRN DEFINED 0 250000 0
CONEXANT SYSTEMS INC COMMON 207142100 1739 26200 SH DEFINED 0 26200 0
CONEXANT SYSTEMS INC NOTE 4.250 5/0 207142AA8 1464 500000 PRN DEFINED 0 500000 0
CONMED CORP COMMON 207410101 1007 38900 SH DEFINED 0 38900 0
COORS ADOLPH CO CL B 217016104 3833 73000 SH DEFINED 0 73000 0
COPART INC COMMON 217204106 4032 92700 SH DEFINED 0 92700 0
CORECOM LTD CONV BOND 144A 2189NAA35 0 200000 PRN DEFINED 0 200000 0
COST PLUS INC CALIF COMMON 221485105 2708 76000 SH DEFINED 0 76000 0
COSTCO WHSL CORP NEW COMMON 22160K105 35661 390800 SH DEFINED 0 389900 900
COSTCO COMPANIES INC NOTE 8/1 22160QAA0 1060 1000000 PRN DEFINED 0 1000000 0
COX RADIO INC CL A 224051102 2234 22400 SH DEFINED 0 22400 0
CREE INC COMMON 225447101 2083 24400 SH DEFINED 0 24400 0
CRESTLINE CAP CORP COMMON 226153104 536 26000 SH DEFINED 0 26000 0
CUMULUS MEDIA INC CL A 231082108 1269 25000 SH DEFINED 0 25000 0
CURAGEN CORP COMMON 23126R101 816 11700 SH DEFINED 0 11700 0
CYBEX COMPUTER PRODS COR COMMON 232522102 1839 45400 SH DEFINED 0 45400 0
CYMER INC COMMON 232572107 902 19600 SH DEFINED 0 19600 0
CYPRESS SEMICONDUCTOR CO COMMON 232806109 1628 50300 SH DEFINED 0 50300 0
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
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>
CYTYC CORP COMMON 232946103 1069 17500 SH DEFINED 0 17500 0
DII GROUP INC COMMON 232949107 4024 56700 SH DEFINED 0 56700 0
DST SYS INC DEL COMMON 233326107 801 10500 SH DEFINED 0 10500 0
DSP GROUP INC COMMON 23332B106 1525 16400 SH DEFINED 0 16400 0
DALLAS SEMICONDUCTOR COR COMMON 235204104 844 13100 SH DEFINED 0 13100 0
DARDEN RESTAURANTS INC COMMON 237194105 970 53500 SH DEFINED 0 53500 0
DATASCOPE CORP COMMON 238113104 1036 25900 SH DEFINED 0 25900 0
DAYTON HUDSON CORP COMMON 239753106 63630 866450 SH DEFINED 0 804450 62000
DEAN FOODS CO COMMON 242361103 735 18500 SH DEFINED 0 18500 0
METROMEDIA FIBER NETWORK CONV BD 24366Q209 0 25000000 PRN DEFINED 0 25000000 0
DELL COMPUTER CORP COMMON 247025109 96966 1901300 SH DEFINED 0 1750200 151100
DENDRITE INTL INC COMMON 248239105 1194 35250 SH DEFINED 0 35250 0
DIAL CORP NEW COMMON 25247D101 7415 305000 SH DEFINED 0 305000 0
DIAMOND OFFSHORE DRILLIN NOTE 3.750 2/1 25271CAA0 1010 1000000 PRN DEFINED 0 1000000 0
DIONEX CORP COMMON 254546104 457 11100 SH DEFINED 0 11100 0
DITECH COMMUNICATIONS CO COMMON 25500M103 552 5900 SH DEFINED 0 5900 0
DOLLAR GEN CORP COMMON 256669102 2811 123545 SH DEFINED 0 0 123545
DOLLAR TREE STORES INC COMMON 256747106 5849 120750 SH DEFINED 0 119950 800
DONALDSON INC COMMON 257651109 691 28700 SH DEFINED 0 28700 0
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
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>
DONALDSON LUFKIN & JENRE COM DLJ 257661108 10904 225400 SH DEFINED 0 225400 0
DOUBLECLICK INC NOTE 4.750 3/1 258609AA4 1551 500000 PRN DEFINED 0 500000 0
DOVER CORP COMMON 260003108 2019 44500 SH DEFINED 0 44500 0
DOW JONES & CO INC COMMON 260561105 1299 19100 SH DEFINED 0 19100 0
DSET CORP COMMON 262504103 1271 34000 SH DEFINED 0 34000 0
DUPONT PHOTOMASKS INC COMMON 26613X101 1110 23000 SH DEFINED 0 23000 0
DUSA PHARMACEUTICALS INC COMMON 266898105 855 30000 SH DEFINED 0 30000 0
DYCOM INDS INC COMMON 267475101 3972 90150 SH DEFINED 0 90150 0
E M C CORP MASS COMMON 268648102 164540 1506087 SH DEFINED 0 1153400 352687
E-TEK DYNAMICS INC COMMON 269240107 1481 11000 SH DEFINED 0 11000 0
EAGLE USA AIRFREIGHT INC COMMON 270018104 3163 73350 SH DEFINED 0 73350 0
EASTMAN KODAK CO COMMON 277461109 2385 36000 SH DEFINED 0 36000 0
ECHOSTAR COMMUNICATIONS CL A 278762109 16965 174000 SH DEFINED 0 174000 0
ECHOSTAR COMMUNICATIONS NOTE 4.875 1/0 278762AB5 1226 1000000 PRN DEFINED 0 1000000 0
EIDOS PLC DEPOSITORY RECEI 282485101 1577 19000 SH DEFINED 0 19000 0
ELCOR CORP COMMON 284443108 3136 104100 SH DEFINED 0 104100 0
ELECTRO SCIENTIFIC INDS COMMON 285229100 1183 16200 SH DEFINED 0 16200 0
ELECTRONIC ARTS INC COMMON 285512109 30047 357700 SH DEFINED 0 357700 0
ELECTRONICS FOR IMAGING COMMON 286082102 7876 135500 SH DEFINED 0 135500 0
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
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>
EMMIS COMMUNICATIONS COR CL A 291525103 1870 15000 SH DEFINED 0 15000 0
EMULEX CORP COM NEW 292475209 3510 31200 SH DEFINED 0 31200 0
ENRON CORP COMMON 293561106 13490 304000 SH DEFINED 0 304000 0
ENTERCOM COMMUNICATIONS CL A 293639100 1212 18300 SH DEFINED 0 18300 0
ENTERCOM COMMUNICTIONS C TIDES CV 6.25% 29363P104 809 10000 SH DEFINED 0 10000 0
ENZON INC COMMON 293904108 1171 27000 SH DEFINED 0 27000 0
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 2168 33000 SH DEFINED 0 33000 0
ETHAN ALLEN INTERIORS IN COMMON 297602104 7413 231200 SH DEFINED 0 171200 60000
ETOYS INC NOTE 6.250 12/0 297862AA2 455 750000 PRN DEFINED 0 750000 0
EURO909 COM A S DEPOSITORY RECEI 298737107 627 22800 SH DEFINED 0 22800 0
EXODUS COMMUNICATIONS IN COMMON 302088109 5648 63600 SH DEFINED 0 63600 0
EXODUS CONV BOND 144A 302088AG4 1381 1000000 PRN DEFINED 0 1000000 0
EXPRESS SCRIPTS INC CL A 302182100 1370 21400 SH DEFINED 0 21400 0
FACTSET RESH SYS INC COMMON 303075105 3225 40500 SH DEFINED 0 40500 0
FAMILY DLR STORES INC COMMON 307000109 556 34100 SH DEFINED 0 31000 3100
FEDERAL HOME LN MTG CORP COMMON 313400301 28273 600750 SH DEFINED 0 524550 76200
FEDERAL MOGUL CORP COMMON 313549107 503 25000 SH DEFINED 0 0 25000
FEDERAL NATL MTG ASSN COMMON 313586109 26564 425450 SH DEFINED 0 374450 51000
FEDERATED DEPT STORES IN COMMON 31410H101 632 12500 SH DEFINED 0 12500 0
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
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>
F5 NETWORKS INC COMMON 315616102 684 6000 SH DEFINED 0 6000 0
FIFTH THIRD BANCORP COMMON 316773100 60450 823846 SH DEFINED 0 770846 53000
FINOVA GROUP INC COMMON 317928109 3916 110300 SH DEFINED 0 51300 59000
FIRST TENN NATL CORP COMMON 337162101 4475 157000 SH DEFINED 0 157000 0
FIRST UN CORP COMMON 337358105 1515 46000 SH DEFINED 0 46000 0
FIRSTCOM CORP COMMON 33763T104 2205 60000 SH DEFINED 0 60000 0
FIRSTAR CORP NEW WIS COMMON 33763V109 14251 674600 SH DEFINED 0 542000 132600
FISERV INC COMMON 337738108 6934 180975 SH DEFINED 0 180975 0
FOREST LABS INC COMMON 345838106 8073 131400 SH DEFINED 0 131400 0
FOREST OIL CORP COM NEW 346091606 1096 83100 SH DEFINED 0 83100 0
FOSSIL INC COMMON 349882100 1231 53250 SH DEFINED 0 53250 0
FURNITURE BRANDS INTL IN COMMON 360921100 774 35200 SH DEFINED 0 32400 2800
GANNETT INC COMMON 364730101 979 12000 SH DEFINED 0 12000 0
GAP INC DEL COMMON 364760108 61207 1330587 SH DEFINED 0 1195587 135000
GATEWAY INC COMMON 367626108 865 12000 SH DEFINED 0 12000 0
GENENTECH INC COM NEW 368710406 1345 10000 SH DEFINED 0 10000 0
GENERAL DYNAMICS CORP COMMON 369550108 10735 203500 SH DEFINED 0 203500 0
GENERAL ELEC CO COMMON 369604103 67301 434900 SH DEFINED 0 434900 0
GENERAL INSTR CORP DEL COMMON 370120107 5100 60000 SH DEFINED 0 60000 0
</TABLE>
13
<PAGE>
<TABLE>
<CAPTION>
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>
GENERAL MTRS CORP CL H NEW 370442832 1152 12000 SH DEFINED 0 12000 0
GENERAL SEMICONDUCTOR IN NOTE 5.750 12/1 370787AA1 528 500000 PRN DEFINED 0 500000 0
GENZYME CORP COM GENL DIV 372917104 1350 30000 SH DEFINED 0 30000 0
GERBER SCIENTIFIC INC COMMON 373730100 899 41000 SH DEFINED 0 41000 0
GETTY IMAGES INC COMMON 374276103 914 18700 SH DEFINED 0 18700 0
GILLETTE CO COMMON 375766102 1812 44000 SH DEFINED 0 0 44000
GLOBAL CROSSING LTD PFD CV 6.375% 37932J202 632 5000 SH DEFINED 0 5000 0
GLOBALSTAR TELECOMMUNICA PFD CV B 144A 379364870 914 10000 SH DEFINED 0 10000 0
GLOBAL TELESYSTEMS GROUP SDCV 5.750 7/0 37936UAE4 669 500000 PRN DEFINED 0 500000 0
GOLDEN WEST FINL CORP DE COMMON 381317106 804 24000 SH DEFINED 0 24000 0
GRACO INC COMMON 384109104 707 19700 SH DEFINED 0 19700 0
GREAT ATLANTIC & PAC TEA COMMON 390064103 1090 39100 SH DEFINED 0 39100 0
GREAT PLAINS SOFTWARE COMMON 39119E105 1301 17400 SH DEFINED 0 17400 0
GROUP 1 AUTOMOTIVE INC COMMON 398905109 223 16000 SH DEFINED 0 16000 0
GUIDANT CORP COMMON 401698105 26501 563850 SH DEFINED 0 449450 114400
HALLIBURTON CO COMMON 406216101 4025 100000 SH DEFINED 0 0 100000
HANDLEMAN CO DEL COMMON 410252100 1319 98600 SH DEFINED 0 98600 0
HANOVER COMPRESSOR CAP T PFD CV 7.25% 41076M203 583 10000 SH DEFINED 0 10000 0
HARBINGER CORP COMMON 41145C103 954 30000 SH DEFINED 0 30000 0
</TABLE>
14
<PAGE>
<TABLE>
<CAPTION>
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>
HARLEY DAVIDSON INC COMMON 412822108 43755 683000 SH DEFINED 0 683000 0
HARMONIC INC COMMON 413160102 2279 24000 SH DEFINED 0 24000 0
HARRAHS ENTMT INC COMMON 413619107 10675 403800 SH DEFINED 0 400000 3800
HAVERTY FURNITURE INC COMMON 419596101 793 62800 SH DEFINED 0 62800 0
HEALTH MGMT ASSOC INC NE CL A 421933102 2227 166500 SH DEFINED 0 0 166500
HEALTHCARE RLTY TR SDCV 10.500 4/0 421946AB0 825 1000000 PRN DEFINED 0 1000000 0
HELIX TECHNOLOGY CORP COMMON 423319102 878 19600 SH DEFINED 0 19600 0
HENRY JACK & ASSOC INC COMMON 426281101 778 14500 SH DEFINED 0 14500 0
HEWLETT PACKARD CO COMMON 428236103 2048 18000 SH DEFINED 0 18000 0
HILTON HOTELS CORP NOTE 5.000 5/1 432848AL3 759 1000000 PRN DEFINED 0 1000000 0
HISPANIC BROADCASTING CO CL A 43357B104 738 8000 SH DEFINED 0 8000 0
HOME DEPOT INC COMMON 437076102 87754 1276425 SH DEFINED 0 1140825 135600
HON INDS INC COMMON 438092108 790 36000 SH DEFINED 0 0 36000
HONEYWELL INTL INC COMMON 438516106 34313 594800 SH DEFINED 0 593700 1100
HOOPER HOLMES INC COMMON 439104100 3360 130500 SH DEFINED 0 130500 0
ICG COMMUNICATIONS CONV BD 144A PFD 44924Q202 451 10000 SH DEFINED 0 10000 0
IDEC PHARMACEUTICALS COR COMMON 449370105 1945 19800 SH DEFINED 0 19800 0
ISS GROUP INC COMMON 450306105 1166 16400 SH DEFINED 0 16400 0
ITC DELTACOM INC NOTE 4.500 5/1 45031TAJ3 598 500000 PRN DEFINED 0 500000 0
</TABLE>
15
<PAGE>
<TABLE>
<CAPTION>
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>
IXC COMMUNICATIONS INC CONV PREF 144A 450713862 0 10000 SH DEFINED 0 10000 0
IBIS TECHNOLOGY CORP COMMON 450909106 1136 22900 SH DEFINED 0 22900 0
IMATION CORP COMMON 45245A107 869 25900 SH DEFINED 0 25900 0
IMMUNEX CORP NEW COMMON 452528102 16754 153000 SH DEFINED 0 153000 0
IN FOCUS SYS INC COMMON 452919103 997 43000 SH DEFINED 0 43000 0
INAMED CORP COMMON 453235103 1044 23800 SH DEFINED 0 23800 0
INFOCURE CORP COMMON 45665A108 268 8600 SH DEFINED 0 8600 0
INGERSOLL-RAND CO COMMON 456866102 3854 70000 SH DEFINED 0 70000 0
INHALE THERAPEUTIC SYS I SDCV 6.750 10/1 457191AA2 704 500000 PRN DEFINED 0 500000 0
INSIGHT ENTERPRISES INC COMMON 45765U103 553 13600 SH DEFINED 0 13600 0
INSITUFORM TECHNOLOGIES CL A 457667103 1582 56000 SH DEFINED 0 56000 0
INTEL CORP COMMON 458140100 86883 1055531 SH DEFINED 0 836731 218800
INTERLINK ELECTRS COMMON 458751104 264 4500 SH DEFINED 0 4500 0
INTERMEDIA COMMUNICATION PFD1/100 CV F 458801826 1598 60000 SH DEFINED 0 60000 0
INTERNATIONAL BUSINESS M COMMON 459200101 44596 413400 SH DEFINED 0 412900 500
INTERNATIONAL PAPER CAP PFD CV 5.25% 460137300 1085 20000 SH DEFINED 0 20000 0
INTERNATIONAL SPEEDWAY C CL A 460335201 705 14000 SH DEFINED 0 14000 0
INTERPHASE CORP COMMON 460593106 670 31700 SH DEFINED 0 31700 0
INTERPUBLIC GROUP COS IN COMMON 460690100 2077 36000 SH DEFINED 0 36000 0
</TABLE>
16
<PAGE>
<TABLE>
<CAPTION>
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>
INTRANET SOLUTIONS INC COM NEW 460939309 1177 31800 SH DEFINED 0 31800 0
INTERTAN INC COMMON 461120107 1071 41000 SH DEFINED 0 41000 0
INTIMATE BRANDS INC CL A 461156101 23550 546090 SH DEFINED 0 546090 0
INTUIT COMMON 461202103 1798 30000 SH DEFINED 0 30000 0
INVACARE CORP COMMON 461203101 562 28000 SH DEFINED 0 28000 0
INVESTMENT TECHNOLOGY GR COMMON 46145F105 454 15795 SH DEFINED 0 15795 0
INVESTORS FINL SERVICES COMMON 461915100 1012 22000 SH DEFINED 0 22000 0
ION NETWORKS INC COMMON 46205P100 291 13000 SH DEFINED 0 13000 0
ISLE OF CAPRI CASINOS IN COMMON 464592104 132 10000 SH DEFINED 0 10000 0
I2 TECHNOLOGIES INC COMMON 465754109 780 4000 SH DEFINED 0 4000 0
I2 TECHNOLOGIES INC NOTE 5.250 12/1 465754AD1 716 500000 PRN DEFINED 0 500000 0
IVAX CORP COMMON 465823102 1118 43400 SH DEFINED 0 43400 0
JDS UNIPHASE CORP COMMON 46612J101 15809 98000 SH DEFINED 0 98000 0
JACK IN THE BOX INC COMMON 466367109 1204 58200 SH DEFINED 0 58200 0
JACOBS ENGR GROUP INC DE COMMON 469814107 510 15700 SH DEFINED 0 15700 0
JAKKS PAC INC COMMON 47012E106 701 37500 SH DEFINED 0 37500 0
JOHNSON & JOHNSON COMMON 478160104 38111 408700 SH DEFINED 0 408300 400
JONES PHARMA INC COMMON 480236108 1240 28550 SH DEFINED 0 26750 1800
KAUFMAN & BROAD HOME COR COMMON 486168107 1369 56600 SH DEFINED 0 56600 0
</TABLE>
17
<PAGE>
<TABLE>
<CAPTION>
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>
KEEBLER FOODS CO COMMON 487256109 464 16500 SH DEFINED 0 16500 0
KELLSTROM INDS INC NOTE 5.500 6/1 488035AE6 324 500000 PRN DEFINED 0 500000 0
KIMBERLY CLARK CORP COMMON 494368103 4960 75800 SH DEFINED 0 75800 0
KING PHARMACEUTICALS INC COMMON 495582108 2481 44250 SH DEFINED 0 44250 0
KNIGHT RIDDER INC COMMON 499040103 417 7000 SH DEFINED 0 7000 0
KOHLS CORP COMMON 500255104 46121 638900 SH DEFINED 0 638900 0
KROGER CO COMMON 501044101 4673 247600 SH DEFINED 0 245200 2400
KRONOS INC COMMON 501052104 2847 47450 SH DEFINED 0 47450 0
KULICKE & SOFFA INDS INC COMMON 501242101 890 20900 SH DEFINED 0 20900 0
KULICKE & SOFFA INDS INC NOTE 4.750 12/1 501242AC5 553 500000 PRN DEFINED 0 500000 0
L-3 COMMUNICATIONS HLDGS COMMON 502424104 208 5000 SH DEFINED 0 5000 0
LAMAR ADVERTISING CO CL A 512815101 1036 17100 SH DEFINED 0 17100 0
LANDSTAR SYS INC COMMON 515098101 428 10000 SH DEFINED 0 10000 0
LATTICE SEMICONDUCTOR CO COMMON 518415104 2681 56900 SH DEFINED 0 56900 0
LATTICE SEMICONDUCTOR CONV BD 144A 518415AA2 653 500000 PRN DEFINED 0 500000 0
LAUDER ESTEE COS INC CL A 518439104 5508 109200 SH DEFINED 0 109200 0
LEAP WIRELESS INTL INC COMMON 521863100 1335 17000 SH DEFINED 0 17000 0
LEGATO SYS INC COMMON 524651106 3028 44000 SH DEFINED 0 44000 0
LEVEL ONE COMMUNICATIONS NOTE 4.000 9/0 527295AA7 1352 500000 PRN DEFINED 0 500000 0
</TABLE>
18
<PAGE>
<TABLE>
<CAPTION>
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>
LEVEL 3 COMMUNICATIONS I COMMON 52729N100 819 10000 SH DEFINED 0 10000 0
LEVEL 3 COMMUNICATIONS I NOTE 6.000 9/1 52729NAG5 1400 1000000 PRN DEFINED 0 1000000 0
TEXACO CAPITAL EURO CONV EURO BOND 5291058 0 1000000 PRN DEFINED 0 1000000 0
LIBERATE TECHNOLOGIES COMMON 530129105 771 3000 SH DEFINED 0 3000 0
LILLY ELI & CO COMMON 532457108 23970 360450 SH DEFINED 0 360450 0
LINCARE HLDGS INC COMMON 532791100 2775 80000 SH DEFINED 0 0 80000
LINEAR TECHNOLOGY CORP COMMON 535678106 7013 98000 SH DEFINED 0 98000 0
LINENS N THINGS INC COMMON 535679104 2237 75500 SH DEFINED 0 75500 0
LITTON INDS INC COMMON 538021106 1796 36000 SH DEFINED 0 36000 0
LONE STAR TECHNOLOGIES I COMMON 542312103 1565 56900 SH DEFINED 0 55800 1100
LOWES COS INC COMMON 548661107 39354 658640 SH DEFINED 0 658640 0
LUCENT TECHNOLOGIES INC COMMON 549463107 47880 638400 SH DEFINED 0 634800 3600
LUMINANT WORLDWIDE CORP COMMON 550260103 218 4800 SH DEFINED 0 4800 0
MCI WORLDCOM INC COMMON 55268B106 39948 752853 SH DEFINED 0 560703 192150
MGIC INVT CORP WIS COMMON 552848103 1806 30000 SH DEFINED 0 0 30000
MRV COMMUNICATIONS INC COMMON 553477100 1031 16400 SH DEFINED 0 16400 0
MACDERMID INC COMMON 554273102 1478 36000 SH DEFINED 0 36000 0
MACROVISION CORP COMMON 555904101 1406 19000 SH DEFINED 0 19000 0
MACROMEDIA INC COMMON 556100105 10018 137000 SH DEFINED 0 137000 0
</TABLE>
19
<PAGE>
<TABLE>
<CAPTION>
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>
MAGIC SOFTWARE ENTERPRIS ORD 559166103 1240 20000 SH DEFINED 0 20000 0
MAGNA INTL INC SDCV 4.875 2/1 559222AG9 850 1000000 PRN DEFINED 0 1000000 0
MANDALAY RESORT GROUP MANDALAY 562567107 29314 1456600 SH DEFINED 0 1453300 3300
MANITOWOC INC COMMON 563571108 1187 34900 SH DEFINED 0 33700 1200
MASCO CORP COMMON 574599106 685 27000 SH DEFINED 0 27000 0
MAXIM INTEGRATED PRODS I COMMON 57772K101 7408 157000 SH DEFINED 0 157000 0
MAYTAG CORP COMMON 578592107 1248 26000 SH DEFINED 0 0 26000
MCCLATCHY CO CL A 579489105 497 11500 SH DEFINED 0 11500 0
MCCORMICK & CO INC COM NON VTG 579780206 708 23800 SH DEFINED 0 23800 0
MCGRAW HILL COS INC COMMON 580645109 801 13000 SH DEFINED 0 13000 0
MCKESSON HBOC INC COMMON 58155Q103 1856 82510 SH DEFINED 0 0 82510
MCLEOD USA INC PERPETUAL PFD 582266201 1030 2000 SH DEFINED 0 2000 0
MEDIAONE GROUP INC COMMON 58440J104 6760 88000 SH DEFINED 0 88000 0
MEDIA ONE CONV BD PIE 58440J500 0 20000000 PRN DEFINED 0 20000000 0
MEDIA ONE GROUP PIE 5844OJ405 0 10000 SH DEFINED 0 10000 0
MEDIMMUNE INC COMMON 584699102 34817 209900 SH DEFINED 0 209700 200
MEDQUIST INC COM 584949101 395 15300 SH DEFINED 0 15300 0
MEDTRONIC INC COMMON 585055106 43928 1205577 SH DEFINED 0 1086577 119000
MELLON FINL CORP COMMON 58551A108 13261 389300 SH DEFINED 0 333300 56000
</TABLE>
20
<PAGE>
<TABLE>
<CAPTION>
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>
MERCK & CO INC COMMON 589331107 31377 467000 SH DEFINED 0 436800 30200
MERCURY COMPUTER SYS COMMON 589378108 1680 48000 SH DEFINED 0 48000 0
MERCURY INTERACTIVE CORP COMMON 589405109 26137 242150 SH DEFINED 0 241200 950
MERRILL LYNCH & CO INC NOTE .250 5/1 590188JV1 960 1000000 PRN DEFINED 0 1000000 0
METRIS COS INC COMMON 591598107 2481 69520 SH DEFINED 0 69520 0
METROMEDIA FIBER NETWORK CL A 591689104 2301 48000 SH DEFINED 0 48000 0
METTLER TOLEDO INTERNATI COMMON 592688105 1940 50800 SH DEFINED 0 50800 0
MICREL INC COMMON 594793101 3422 60100 SH DEFINED 0 60100 0
MICROS SYS INC COMMON 594901100 481 6500 SH DEFINED 0 6500 0
MICROSOFT CORP COMMON 594918104 124610 1067320 SH DEFINED 0 872320 195000
MICROSTRATEGY INC CL A 594972101 2037 9700 SH DEFINED 0 9700 0
MICROCHIP TECHNOLOGY INC COMMON 595017104 3401 49700 SH DEFINED 0 49700 0
MICROMUSE INC COMMON 595094103 1292 7600 SH DEFINED 0 7600 0
MIDWAY GAMES INC COMMON 598148104 795 33200 SH DEFINED 0 33200 0
MILLENNIUM PHARMACEUTICA COMMON 599902103 14652 120100 SH DEFINED 0 120100 0
MINDSPRING ENTERPRISES I NOTE 5.000 4/1 602683AA2 575 600000 PRN DEFINED 0 600000 0
MITCHELL ENERGY & DEV CO CL A 606592202 530 24000 SH DEFINED 0 24000 0
MODEM MEDIA POPPE TYSON CL A 607533106 901 12800 SH DEFINED 0 12800 0
MODIS PROFESSIONAL SVCS COMMON 607830106 1539 108000 SH DEFINED 0 0 108000
</TABLE>
21
<PAGE>
<TABLE>
<CAPTION>
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>
MONACO COACH CORP COMMON 60886R103 1524 59625 SH DEFINED 0 59625 0
MORGAN STANLEY DEAN WITT COM NEW 617446448 1142 8000 SH DEFINED 0 8000 0
MUELLER INDS INC COMMON 624756102 424 11700 SH DEFINED 0 11700 0
NCO GROUP INC COMMON 628858102 1696 56300 SH DEFINED 0 56300 0
NTL INC NOTE 5.750 12/1 629407AN7 538 500000 PRN DEFINED 0 500000 0
NATIONAL COMPUTER SYS IN COMMON 635519101 771 20500 SH DEFINED 0 20500 0
NATIONAL DISC BROKERS GR COMMON 635646102 887 33800 SH DEFINED 0 33800 0
NATIONAL R V HLDGS INC COMMON 637277104 587 30500 SH DEFINED 0 30500 0
NETWORK EVENT THEATER IN COMMON 640924106 315 10600 SH DEFINED 0 10600 0
NETWORKS ASSOCS INC COMMON 640938106 1481 55500 SH DEFINED 0 0 55500
NETEGRITY INC COMMON 64110P107 416 7300 SH DEFINED 0 7300 0
NETRIX CORP COMMON 641148101 747 50000 SH DEFINED 0 50000 0
NETOPIA INC COMMON 64114K104 717 13200 SH DEFINED 0 13200 0
NETWORK APPLIANCE INC COMMON 64120L104 1827 22000 SH DEFINED 0 22000 0
NETWORK ACCESS SOLUTIONS COMMON 64120S109 835 25300 SH DEFINED 0 25300 0
NETWORK PERIPHERALS INC COMMON 64121R100 851 18000 SH DEFINED 0 18000 0
NEWELL FINL TR I QIPS CONV5.25% 651195307 758 20000 SH DEFINED 0 20000 0
NEWPORT CORP COMMON 651824104 970 21200 SH DEFINED 0 21200 0
NEXTEL COMMUNICATION SENIOR NOTE 144A 65332VAR4 1132 500000 PRN DEFINED 0 500000 0
</TABLE>
22
<PAGE>
<TABLE>
<CAPTION>
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>
NEXTLINK COMMUNICATIONS CL A 65333H707 914 11000 SH DEFINED 0 11000 0
NICE SYS LTD DEPOSITORY RECEI 653656108 477 9700 SH DEFINED 0 9700 0
NIKE INC CL B 654106103 26243 529500 SH DEFINED 0 529500 0
99 CENTS ONLY STORES COMMON 65440K106 1568 40987 SH DEFINED 0 40987 0
NOKIA CORP DEPOSITORY RECEI 654902204 7356 38500 SH DEFINED 0 38500 0
NORTEL NETWORKS CORP COMMON 656569100 15817 156600 SH DEFINED 0 156600 0
NOVELLUS SYS INC COMMON 670008101 980 8000 SH DEFINED 0 8000 0
NVIDIA CORP COMMON 67066G104 1033 22000 SH DEFINED 0 22000 0
OLD KENT FINL CORP COMMON 679833103 1709 48300 SH DEFINED 0 48300 0
OMNICOM GROUP INC COMMON 681919106 125802 1258020 SH DEFINED 0 1054320 203700
OPTICAL COATING LAB INC COMMON 683829105 5506 18600 SH DEFINED 0 18600 0
ORACLE CORP COMMON 68389X105 10926 97500 SH DEFINED 0 97500 0
ORTHODONTIC CTRS AMER IN COMMON 68750P103 399 33400 SH DEFINED 0 33400 0
OSHKOSH TRUCK CORP COMMON 688239201 484 16500 SH DEFINED 0 16500 0
OWENS ILL INC COM NEW 690768403 1629 65000 SH DEFINED 0 65000 0
PMC-SIERRA INC COMMON 69344F106 56478 352300 SH DEFINED 0 352300 0
PACIFIC SUNWEAR CALIF IN COMMON 694873100 1339 42000 SH DEFINED 0 39150 2850
PACIFICARE HEALTH SYS DE COMMON 695112102 1749 33000 SH DEFINED 0 33000 0
PARK PL ENTMT CORP COMMON 700690100 738 59000 SH DEFINED 0 59000 0
</TABLE>
23
<PAGE>
<TABLE>
<CAPTION>
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>
PATTERSON DENTAL CO COMMON 703412106 1321 31000 SH DEFINED 0 31000 0
PAYCHEX INC COMMON 704326107 13608 340200 SH DEFINED 0 278700 61500
PEGASUS COMMUNICATIONS C CL A 705904100 1486 15200 SH DEFINED 0 15200 0
PEOPLESOFT INC COMMON 712713106 1939 91000 SH DEFINED 0 0 91000
PEREGRINE SYSTEMS INC COMMON 71366Q101 3957 47000 SH DEFINED 0 47000 0
PERFORMANCE FOOD GROUP C COMMON 713755106 1185 48600 SH DEFINED 0 48600 0
PERICOM SEMICONDUCTOR CO COMMON 713831105 497 18900 SH DEFINED 0 18900 0
PERKINELMER INC COMMON 714046109 2651 63600 SH DEFINED 0 63600 0
PETCO ANIMAL SUPPLIES COMMON 716016100 640 43000 SH DEFINED 0 43000 0
PFIZER INC COMMON 717081103 49855 1536960 SH DEFINED 0 1256860 280100
PHILIP MORRIS COS INC COMMON 718154107 1150 50000 SH DEFINED 0 50000 0
PINNACLE SYS INC COMMON 723481107 3332 81900 SH DEFINED 0 81900 0
PITNEY BOWES INC COMMON 724479100 6232 129000 SH DEFINED 0 129000 0
PITTWAY CORP DEL CL A 725790208 1300 29000 SH DEFINED 0 29000 0
POLYCOM INC COMMON 73172K104 4955 77800 SH DEFINED 0 77800 0
PORTAL SOFTWARE INC COMMON 736126103 720 7000 SH DEFINED 0 7000 0
POWER INTEGRATIONS INC COMMON 739276103 3614 75400 SH DEFINED 0 75400 0
POWER-ONE INC COMMON 739308104 1246 27200 SH DEFINED 0 27200 0
POWERWAVE TECHNOLOGIES I COMMON 739363109 1226 21000 SH DEFINED 0 21000 0
</TABLE>
24
<PAGE>
<TABLE>
<CAPTION>
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>
POWERTEL INC COMMON 73936C109 1767 17600 SH DEFINED 0 17600 0
PROCTER & GAMBLE CO COMMON 742718109 16336 149100 SH DEFINED 0 149100 0
PROFIT RECOVERY GROUP IN COMMON 743168106 1982 74600 SH DEFINED 0 74600 0
PROGRESS SOFTWARE CORP COMMON 743312100 1436 25300 SH DEFINED 0 25300 0
PROGRESSIVE CORP OHIO COMMON 743315103 1536 21000 SH DEFINED 0 0 21000
PROVIDIAN FINL CORP COMMON 74406A102 765 8400 SH DEFINED 0 8400 0
PROXIM INC COMMON 744284100 1320 12000 SH DEFINED 0 12000 0
PSINET INC PFD C CV 6 3/4 74437C309 1168 20000 SH DEFINED 0 20000 0
PUMA TECHNOLOGY INC COMMON 745887109 3200 24500 SH DEFINED 0 24500 0
QLT PHOTOTHERAPEUTICS IN COMMON 746927102 2855 48600 SH DEFINED 0 48600 0
QLOGIC CORP COMMON 747277101 17267 108000 SH DEFINED 0 108000 0
QUAKER OATS CO COMMON 747402105 9168 139700 SH DEFINED 0 139700 0
QUALCOMM INC COMMON 747525103 124802 708600 SH DEFINED 0 708200 400
QUANTA SVCS INC COMMON 74762E102 486 17200 SH DEFINED 0 17200 0
QUEENS CNTY BANCORP INC COMMON 748242104 1019 37550 SH DEFINED 0 37550 0
QUEST DIAGNOSTICS INC COMMON 74834L100 709 23200 SH DEFINED 0 23200 0
QUIKSILVER INC COMMON 74838C106 872 56250 SH DEFINED 0 56250 0
QUINTILES TRANSNATIONAL COMMON 748767100 1084 58000 SH DEFINED 0 0 58000
QWEST COMMUNICATIONS INT COMMON 749121109 765 17800 SH DEFINED 0 17800 0
</TABLE>
25
<PAGE>
<TABLE>
<CAPTION>
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>
RCN CORP COMMON 749361101 281 5800 SH DEFINED 0 5800 0
RSA SEC INC COMMON 749719100 543 7000 SH DEFINED 0 7000 0
RF MICRODEVICES INC COMMON 749941100 9581 140000 SH DEFINED 0 140000 0
RADIAN GROUP INC COMMON 750236101 1098 23000 SH DEFINED 0 0 23000
RADISYS CORP COMMON 750459109 918 18000 SH DEFINED 0 18000 0
READERS DIGEST ASSN INC CL A NON VTG 755267101 1969 67300 SH DEFINED 0 67300 0
REGIS CORP MINN COMMON 758932107 497 26350 SH DEFINED 0 26350 0
RELIANT ENERGY INC CONV PREF 759525207 0 15000000 PRN DEFINED 0 15000000 0
REMEDY CORP COMMON 759548100 981 20700 SH DEFINED 0 20700 0
RENAL CARE GROUP INC COMMON 759930100 337 14400 SH DEFINED 0 14400 0
RESMED INC COMMON 761152107 3453 82700 SH DEFINED 0 80400 2300
REX STORES CORP COMMON 761624105 1390 39700 SH DEFINED 0 39700 0
RIGHT MGMT CONSULTANTS I COMMON 766573109 246 21400 SH DEFINED 0 21400 0
ROSS STORES INC COMMON 778296103 1812 101000 SH DEFINED 0 101000 0
RUBY TUESDAY INC COMMON 781182100 968 53200 SH DEFINED 0 53200 0
SBC COMMUNICATIONS INC COMMON 78387G103 9570 196300 SH DEFINED 0 194000 2300
SCI SYS INC COMMON 783890106 1290 18000 SH DEFINED 0 18000 0
SDL INC COMMON 784076101 2180 10000 SH DEFINED 0 10000 0
S1 CORPORATION COMMON 78463B101 1281 16400 SH DEFINED 0 16400 0
</TABLE>
26
<PAGE>
<TABLE>
<CAPTION>
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>
SABRE HLDGS CORP CL A 785905100 1030 20100 SH DEFINED 0 20100 0
SAFEGUARD SCIENTIFICS IN NOTE 5.000 6/1 786449AD0 565 250000 PRN DEFINED 0 250000 0
SAFEWAY INC COM NEW 786514208 36265 1014400 SH DEFINED 0 855200 159200
SAGENT TECHNOLOGY INC COMMON 786693101 623 20800 SH DEFINED 0 20800 0
SALTON INC COMMON 795757103 1655 49500 SH DEFINED 0 49500 0
SANMINA CORP COMMON 800907107 649 6500 SH DEFINED 0 6500 0
SANMINA CORP SDCV 4.250 5/0 800907AA5 659 500000 PRN DEFINED 0 500000 0
SANTA CRUZ OPERATION INC COMMON 801833104 264 8700 SH DEFINED 0 8700 0
SAPIENT CORP COMMON 803062108 1409 10000 SH DEFINED 0 10000 0
SAWTEK INC COMMON 805468105 4193 63000 SH DEFINED 0 63000 0
SCANSOURCE INC COMMON 806037107 1063 26200 SH DEFINED 0 26200 0
SCHERING PLOUGH CORP COMMON 806605101 48180 1137000 SH DEFINED 0 919000 218000
SCHLUMBERGER LTD COMMON 806857108 3760 67000 SH DEFINED 0 0 67000
SCHWAB CHARLES CORP NEW COMMON 808513105 40470 1058050 SH DEFINED 0 1058050 0
SCIENTIFIC ATLANTA INC COMMON 808655104 12572 225000 SH DEFINED 0 225000 0
SCOTTS CO CL A 810186106 487 12100 SH DEFINED 0 12100 0
SEALED AIR CORP NEW PFD PFD CONVERTIBLE 81211K209 1515 30000 SH DEFINED 0 30000 0
SELECT APPOINTMENTS HLDG DEPOSITORY RECEI 81617E203 753 22600 SH DEFINED 0 22600 0
SEMTECH CORP COMMON 816850101 10951 210100 SH DEFINED 0 210100 0
</TABLE>
27
<PAGE>
<TABLE>
<CAPTION>
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>
SERENA SOFTWARE INC COMMON 817492101 947 30600 SH DEFINED 0 30600 0
SHIRE PHARMACEUTICALS GR DEPOSITORY RECEI 82481R106 1278 43895 SH DEFINED 0 43895 0
SIEBEL SYS INC COMMON 826170102 17783 211700 SH DEFINED 0 211700 0
SIEBEL SYS INC NOTE 5.500 9/1 826170AA0 967 500000 PRN DEFINED 0 500000 0
SILICON STORAGE TECHNOLO COMMON 827057100 825 20000 SH DEFINED 0 20000 0
SILICON VY BANCSHARES COMMON 827064106 1143 23100 SH DEFINED 0 23100 0
SOLECTRON CORP NOTE 1/2 834182AJ6 150250 ******** PRN DEFINED 0 ******** 0
SONIC CORP COMMON 835451105 775 27200 SH DEFINED 0 27200 0
SONIC AUTOMOTIVE INC CL A 83545G102 156 16000 SH DEFINED 0 16000 0
SONOSITE INC COMMON 83568G104 1107 35000 SH DEFINED 0 35000 0
SOUTHDOWN INC COMMON 841297104 981 19000 SH DEFINED 0 0 19000
SOUTHWEST SECS GROUP INC COMMON 845224104 873 32170 SH DEFINED 0 32170 0
SOVEREIGN BANCORP INC PIERS CV 7.5% 845905306 485 10000 SH DEFINED 0 10000 0
SPARTECH CORP COM NEW 847220209 1245 38600 SH DEFINED 0 38600 0
SPECTRIAN CORP COMMON 847608106 749 26500 SH DEFINED 0 26500 0
STANDARD PAC CORP NEW COMMON 85375C101 1142 103800 SH DEFINED 0 101500 2300
STAPLES INC COMMON 855030102 45658 2200405 SH DEFINED 0 2040375 160030
STARTEK INC COMMON 85569C107 834 23000 SH DEFINED 0 23000 0
STATE STR CORP COMMON 857477103 32169 440300 SH DEFINED 0 439600 700
</TABLE>
28
<PAGE>
<TABLE>
<CAPTION>
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>
STATION CASINOS INC COMMON 857689103 731 32600 SH DEFINED 0 32600 0
STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 1383 75000 SH DEFINED 0 75000 0
SUN MICROSYSTEMS INC COMMON 866810104 40026 516880 SH DEFINED 0 390480 126400
SUNGLASS HUT INTL INC COMMON 86736F106 1031 91600 SH DEFINED 0 91600 0
SWIFT ENERGY CO COMMON 870738101 279 24300 SH DEFINED 0 24300 0
SWIFT TRANSN CO COMMON 870756103 699 39650 SH DEFINED 0 39650 0
SYBASE INC COMMON 871130100 1777 104500 SH DEFINED 0 104500 0
SYBRON INTL CORP COMMON 87114F106 679 27500 SH DEFINED 0 27500 0
SYMANTEC CORP COMMON 871503108 1114 19000 SH DEFINED 0 19000 0
SYMBOL TECHNOLOGIES INC COMMON 871508107 17912 281800 SH DEFINED 0 281800 0
SYNCOR INTL CORP DEL COMMON 87157J106 1078 37000 SH DEFINED 0 37000 0
SYNOVUS FINL CORP COMMON 87161C105 2117 106500 SH DEFINED 0 0 106500
SYSCO CORP COMMON 871829107 791 20000 SH DEFINED 0 20000 0
THQ INC COM NEW 872443403 633 27300 SH DEFINED 0 27300 0
TJX COS INC NEW COMMON 872540109 7051 345000 SH DEFINED 0 221000 124000
TMP WORLDWIDE INC COMMON 872941109 1491 10500 SH DEFINED 0 10500 0
TV GUIDE INC CL A 87307Q109 344 8000 SH DEFINED 0 8000 0
TALBOTS INC COMMON 874161102 812 18200 SH DEFINED 0 18200 0
TANDY CORP COMMON 875382103 41313 839900 SH DEFINED 0 839900 0
</TABLE>
29
<PAGE>
<TABLE>
<CAPTION>
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>
TECHNE CORP COMMON 878377100 1035 18800 SH DEFINED 0 18800 0
TECHNOLOGY SOLUTIONS CO COMMON 87872T108 1251 38200 SH DEFINED 0 38200 0
TELCOM SEMICONDUCTOR INC COMMON 87921P107 214 10200 SH DEFINED 0 10200 0
TELEFONOS DE MEXICO S A DEPOSITORY RECEI 879403780 7358 65400 SH DEFINED 0 65000 400
TELEFONOS DE MEXICO S A DBCV 4.250 6/1 879403AD5 1299 1000000 PRN DEFINED 0 1000000 0
TELLABS INC COMMON 879664100 81480 1269400 SH DEFINED 0 1036800 232600
TELETECH HOLDINGS INC COMMON 879939106 556 16500 SH DEFINED 0 16500 0
TEREX CORP NEW COMMON 880779103 974 35100 SH DEFINED 0 33900 1200
TEXAS INDS INC COMMON 882491103 626 14700 SH DEFINED 0 14700 0
TEXTRON INC COMMON 883203101 3811 49700 SH DEFINED 0 49700 0
3COM CORP COMMON 885535104 2115 45000 SH DEFINED 0 45000 0
THREE FIVE SYS INC COMMON 88554L108 1203 29332 SH DEFINED 0 29332 0
TICKETMASTER ONLINE-CITY CL B 88633P203 231 6000 SH DEFINED 0 6000 0
TIFFANY & CO NEW COMMON 886547108 41153 461100 SH DEFINED 0 461100 0
TIMBERLAND CO CL A 887100105 1290 24400 SH DEFINED 0 24400 0
TIMBERLINE SOFTWARE CORP COMMON 887134104 1566 116576 SH DEFINED 0 116576 0
TIME WARNER INC COMMON 887315109 48623 672400 SH DEFINED 0 672400 0
TIMES MIRROR CO NEW COM SER A 887364107 335 5000 SH DEFINED 0 5000 0
TITAN CORP COMMON 888266103 2583 54600 SH DEFINED 0 54600 0
</TABLE>
30
<PAGE>
<TABLE>
<CAPTION>
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>
TITAN PHARMACEUTICALS IN COMMON 888314101 621 32700 SH DEFINED 0 32700 0
TRANSWITCH CORP COMMON 894065101 7967 109800 SH DEFINED 0 109800 0
TRIBUNE CO NEW COMMON 896047107 1773 32200 SH DEFINED 0 32200 0
TRIQUINT SEMICONDUCTOR I COMMON 89674K103 6425 57750 SH DEFINED 0 57750 0
TRUE NORTH COMMUNICATION COMMON 897844106 1010 22600 SH DEFINED 0 22600 0
TYCO INTL LTD NEW COMMON 902124106 57316 1469642 SH DEFINED 0 1305842 163800
USA NETWORKS INC COMMON 902984103 4862 88000 SH DEFINED 0 88000 0
URS CORP NEW COMMON 903236107 861 39700 SH DEFINED 0 39700 0
U S G CORP COM NEW 903293405 1164 24700 SH DEFINED 0 24700 0
U S FOODSERVICE COMMON 90331R101 1729 103200 SH DEFINED 0 100000 3200
UNIFY CORP COMMON 904743101 1807 66000 SH DEFINED 0 66000 0
UNION PACIFIC CV PFD TIDES 907824205 600 14500 SH DEFINED 0 14500 0
UNITED STATIONERS INC COMMON 913004107 1143 40000 SH DEFINED 0 0 40000
UNITED TECHNOLOGIES CORP COMMON 913017109 15893 244500 SH DEFINED 0 244500 0
UNIVERSAL ELECTRS INC COMMON 913483103 1173 25500 SH DEFINED 0 25500 0
UNIVISION COMMUNICATIONS CL A 914906102 1206 11800 SH DEFINED 0 11800 0
USFREIGHTWAYS CORP COMMON 916906100 2025 42300 SH DEFINED 0 42300 0
USINTERNETWORKING INC COMMON 917311805 1083 15500 SH DEFINED 0 15500 0
USINTERNETWORKING INC NOTE 7.000 11/0 917311AE2 1461 500000 PRN DEFINED 0 500000 0
</TABLE>
31
<PAGE>
<TABLE>
<CAPTION>
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>
USWEB CORP COMMON 917327108 1031 23200 SH DEFINED 0 23200 0
VALASSIS COMMUNICATIONS COMMON 918866104 1331 31500 SH DEFINED 0 31500 0
VALUEVISION INTL INC CL A 92047K107 883 15400 SH DEFINED 0 15400 0
VARI-L CO INC COMMON 922150107 308 9000 SH DEFINED 0 9000 0
VARIAN INC COMMON 922206107 833 37000 SH DEFINED 0 37000 0
VARIAN SEMICONDUCTOR EQU COMMON 922207105 765 22500 SH DEFINED 0 22500 0
VENTANA MED SYS INC COMMON 92276H106 224 9000 SH DEFINED 0 9000 0
VERIO INC COMMON 923433106 739 16000 SH DEFINED 0 16000 0
VERITAS SOFTWARE CO COMMON 923436109 1503 10500 SH DEFINED 0 10500 0
VERITAS SOFTWARE CORP / NOTE 1.856 8/1 92343RAA1 2691 1000000 PRN DEFINED 0 1000000 0
VERTICALNET INC SDCV 5.250 9/2 92532LAA5 1060 250000 PRN DEFINED 0 250000 0
VIACOM INC CL A 925524100 4617 76400 SH DEFINED 0 76000 400
VIATEL INC COMMON 925529208 1518 28300 SH DEFINED 0 28300 0
VIANT CORP COMMON 92553N107 495 5000 SH DEFINED 0 5000 0
VICOR CORP COMMON 925815102 976 24100 SH DEFINED 0 24100 0
VINTAGE PETE INC COMMON 927460105 1088 90200 SH DEFINED 0 90200 0
VISHAY INTERTECHNOLOGY I COMMON 928298108 791 25000 SH DEFINED 0 25000 0
VISUAL NETWORKS INC COMMON 928444108 1133 14300 SH DEFINED 0 14300 0
VISX INC DEL COMMON 92844S105 37369 722100 SH DEFINED 0 722100 0
</TABLE>
32
<PAGE>
<TABLE>
<CAPTION>
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>
VITESSE SEMICONDUCTOR CO COMMON 928497106 15700 299400 SH DEFINED 0 299400 0
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 28685 579500 SH DEFINED 0 335750 243750
WAL MART STORES INC COMMON 931142103 87678 1268400 SH DEFINED 0 1058400 210000
WALGREEN CO COMMON 931422109 600 20500 SH DEFINED 0 20500 0
WARNER LAMBERT CO COMMON 934488107 12709 155100 SH DEFINED 0 131100 24000
WASHINGTON MUT INC COMMON 939322103 2290 88500 SH DEFINED 0 0 88500
WATERS CORP COMMON 941848103 7356 138800 SH DEFINED 0 138800 0
WATSON PHARMACEUTICALS I COMMON 942683103 3739 104400 SH DEFINED 0 35000 69400
WELLPOINT HEALTH NETWORK ZERO CONV 94973HAA6 319 500000 PRN DEFINED 0 500000 0
WELLS FARGO & CO NEW COMMON 949746101 3559 88000 SH DEFINED 0 57000 31000
WESLEY JESSEN VISIONCARE COMMON 951018100 1337 35300 SH DEFINED 0 35300 0
WESTPOINT STEVENS INC COMMON 961238102 1698 97000 SH DEFINED 0 0 97000
WHIRLPOOL CORP COMMON 963320106 651 10000 SH DEFINED 0 10000 0
WILD OATS MARKETS INC COMMON 96808B107 1701 76650 SH DEFINED 0 75900 750
WILLIAMS COS INC DEL COMMON 969457100 397 13000 SH DEFINED 0 13000 0
WILLIAMS SONOMA INC COMMON 969904101 19527 424500 SH DEFINED 0 424500 0
XIRCOM INC COMMON 983922105 1455 19400 SH DEFINED 0 19400 0
YOUNG & RUBICAM INC COMMON 987425105 991 14000 SH DEFINED 0 14000 0
ZALE CORP NEW COMMON 988858106 3531 73000 SH DEFINED 0 73000 0
</TABLE>
33
<PAGE>
<TABLE>
<CAPTION>
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>
ZEBRA TECHNOLOGIES CORP CL A 989207105 1521 26000 SH DEFINED 0 26000 0
ZIONS BANCORPORATION COMMON 989701107 36051 609100 SH DEFINED 0 483100 126000
ZOMAX INC MINN COMMON 989929104 1534 33900 SH DEFINED 0 33900 0
AMDOCS LTD ORD G02602103 414 12000 SH DEFINED 0 12000 0
GEMSTAR INTL GROUP LTD ORD G3788V106 17955 252000 SH DEFINED 0 252000 0
GLOBAL CROSSING LTD COMMON G3921A100 880 17600 SH DEFINED 0 17600 0
LORAL SPACE & COMMUNICAT COMMON G56462107 13450 553200 SH DEFINED 0 553200 0
HILFIGER TOMMY CORP ORD G8915Z102 3565 152500 SH DEFINED 0 152500 0
TRANSOCEAN SEDCO FOREX COM G90078109 5491 163000 SH DEFINED 0 75000 88000
CHECK POINT SOFTWARE TEC ORD M22465104 1988 10000 SH DEFINED 0 10000 0
GILAT SATELLITE NETWORKS ORD M51474100 1401 11800 SH DEFINED 0 11800 0
ORBOTECH LTD ORD M75253100 2964 38250 SH DEFINED 0 38250 0
ASM INTL N V COMMON N07045102 451 19600 SH DEFINED 0 19600 0
ROYAL CARIBBEAN CRUISES COMMON V7780T103 21831 442700 SH DEFINED 0 442700 0
FLEXTRONICS INTL LTD ORD Y2573F102 828 18000 SH DEFINED 0 18000 0
</TABLE>
34
