UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/99
Check here if Amendment [ ]; Amendment Number: ______
This Amendment (check only one): [ ] is a restatement
[ ] adds new holding entries
Institutional Investment Manager Filing this Report:
Name: Lutheran Brotherhood
Address: 625 Fourth Avenue South
Minneapolis, MN 55415
Form 13F File Number: 28-1589
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, and 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: Wade M. Voigt
Title: Assistant Vice President
Phone: (612) 340-8186
Signature, Place, and Date of Signing:
/s/ Wade M. Voigt Minneapolis, Minnesota 2/14/00
------------------------- ---------------------- -------
[Signature] [City, State] [Date]
Report Type (check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Manager: None
Form 13F Information Table Entry Total: 947
Form 13F Information Table Value Total: $6,489,043
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is
filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
<PAGE>
<TABLE>
<S> <C> <C>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ADC TELECOMMUNICATIONS INC. COM 000886101 30872.65 425460 SH SOLE 425460
ADT OPERATIONS, INC. LYON ZERO CPN 10 000945AC9 5527.60 2600000 PRN SOLE 0
AFLAC INC. COM 001055102 1626.09 34460 SH SOLE 34460
AGCO CORP. COM 001084102 5664.11 421500 SH SOLE 421500
AES (THE) CORP. COM 00130H105 1246.83 16680 SH SOLE 16680
AMFM INC. COM 001693100 29883.67 381900 SH SOLE 381900
AMR CORP. COM 001765106 475.70 7100 SH SOLE 7100
AT&T CORP.-LIBERTY MEDIA GROUP COM 001957109 45175.97 890167 SH SOLE 890167
AT&T CORP.-LIBERTY MEDIA GROUP COM LIB GRP A 001957208 50853.44 896096 SH SOLE 896096
AT&T CANADA INC. DEPS RCPT CL B 00207Q202 1207.50 30000 SH SOLE 30000
ATMI, INC. COM 00207R101 1322.52 40000 SH SOLE 40000
AVT CORP. COM 002420107 2110.30 44900 SH SOLE 44900
ABBOTT LABORATORIES COM 002824100 2560.06 70500 SH SOLE 70500
ABERCROMBIE & FITCH CO. CL A 002896207 3331.72 124840 SH SOLE 124840
ACNIELSEN CORP. COM 004833109 1366.68 55500 SH SOLE 55500
ACTIVISION, INC. COM NEW 004930202 943.28 61600 SH SOLE 61600
ACTUATE CORP. COM 00508B102 1920.80 44800 SH SOLE 44800
ACXIOM CORP. COM 005125109 249.60 10400 SH SOLE 10400
ADAPTEC INC. COM 00651F108 1208.47 24230 SH SOLE 24230
ADELPHIA COMMUNICATIONS CORP. CL A 006848105 12495.00 190400 SH SOLE 190400
ADELPHIA COMMUNICATIONS CORP. PFD CV SER D 006848402 3767.50 20000 SH SOLE 20000
ADOBE SYSTEMS INC. COM 00724F101 13362.57 198700 SH SOLE 198700
ADTRAN, INC. COM 00738A106 668.69 13000 SH SOLE 13000
ADVANCE PARADIGM, INC. COM 007491103 998.36 46300 SH SOLE 46300
ADVANCED FIBRE COMMUNICATIONS COM 00754A105 1237.85 27700 SH SOLE 27700
ADVANCED ENERGY INDUSTRIES COM 007973100 1541.52 31300 SH SOLE 31300
AETNA INC. COM 008117103 373.94 6700 SH SOLE 6700
AFFILIATED COMPUTER SERVICES CL A 008190100 2097.60 45600 SH SOLE 45600
AFFILIATED MANGERS GROUP, INC. COM 008252108 2939.84 72700 SH SOLE 72700
AFFYMETRIX, INC. COM 00826T108 661.78 3900 SH SOLE 3900
AGILENT TECHNOLOGIES, INC. COM 00846U101 7630.79 98700 SH SOLE 98700
AIR PRODUCTS AND CHEMICALS INC COM 009158106 382.61 11400 SH SOLE 11400
ALASKA AIR GROUP COM 011659109 7140.91 203300 SH SOLE 203300
ALBERTSON'S INC. COM 013104104 623.29 19327 SH SOLE 19327
ALCAN ALUMINUM LTD. COM 013716105 430.30 10400 SH SOLE 10400
ALCOA INC. COM 013817101 1435.90 17300 SH SOLE 17300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ALKERMES, INC. COM 01642T108 1095.48 22300 SH SOLE 22300
ALLERGAN, INC. COM 018490102 766.15 15400 SH SOLE 15400
ALLMERICA FINANCIAL CORP. COM 019754100 203.03 3650 SH SOLE 3650
ALLSTATE CORP. COM 020002101 931.20 38800 SH SOLE 38800
ALLTEL CORP. COM 020039103 25682.89 310600 SH SOLE 310600
ALPHA INDUSTRIES, INC. COM 020753109 1060.29 18500 SH SOLE 18500
ALPHARMA INC. CLA 020813101 421.27 13700 SH SOLE 13700
ALTERA CORP. COM 021441100 19235.40 388100 SH SOLE 388100
ALZA CORP. SUB LYON ZERO 14 022615AC2 1503.00 3000000 PRN SOLE 0
ALZA CORP. SUB DB CONV 5%06 022615AD0 7074.00 6750000 PRN SOLE 0
AMBAC INC. COM 023139108 281.81 5400 SH SOLE 5400
AMERADA HESS CORP. COM 023551104 244.02 4300 SH SOLE 4300
AMEREN CORP. COM 023608102 225.97 6900 SH SOLE 6900
AMERICA ONLINE, INC. COM 02364J104 74256.64 984340 SH SOLE 984340
AMERICAN ELECTRIC POWER CO. COM 025537101 289.12 9000 SH SOLE 9000
AMERICAN EXPRESS CO. COM 025816109 43474.37 261500 SH SOLE 261500
AMERICAN GENERAL CORP. COM 026351106 12223.46 161100 SH SOLE 161100
AMERICAN GENERAL DELAWARE MIPS SERA 02637G200 6588.75 70000 SH SOLE 70000
AMERICAN HOME PRODUCTS CORP. COM 026609107 19277.29 488800 SH SOLE 488800
AMERICAN INT'L GROUP INC. COM 026874107 66956.40 619250 SH SOLE 619250
AMERICAN ITALIAN PASTA CO. CL A 027070101 931.72 30300 SH SOLE 30300
AMERICAN MANAGEMENT SYS INC. COM 027352103 1076.16 34300 SH SOLE 34300
AMERICAN POWER CONVERSION CORP COM 029066107 1863.65 70660 SH SOLE 70660
AMERICAN TOWER CORP. CL A 029912201 2111.90 69100 SH SOLE 69100
AMERICAN XTAL TECHNOLOGY, INC. COM 030514103 891.08 51100 SH SOLE 51100
AMERICREDIT CORP. COM 03060R101 1339.40 72400 SH SOLE 72400
AMGEN INC. COM 031162100 33262.88 553800 SH SOLE 553800
AMPHENOL CORP. CLA 032095101 639.00 9600 SH SOLE 9600
AMSOUTH BANCORPORATION COM 032165102 5166.22 267500 SH SOLE 267500
ANADARKO PETROLEUM CORP. COM 032511107 214.98 6300 SH SOLE 6300
ANALOG DEVICES, INC. COM 032654105 25054.20 269400 SH SOLE 269400
ANDREW CORPORATION COM 034425108 780.24 41200 SH SOLE 41200
ANDRX CORP. COM 034551101 1155.14 27300 SH SOLE 27300
AON CORP. COM 037389103 480.00 12000 SH SOLE 12000
APACHE CORP. COM 037411105 384.15 10400 SH SOLE 10400
APACHE CORP. ACES C DP 1/50 037411600 2662.50 75000 SH SOLE 75000
APARTMENT INVT & MGMT CO. CL A 03748R101 2153.88 54100 SH SOLE 54100
APOLLO GROUP, INC. CL A 037604105 1278.31 63715 SH SOLE 63715
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
APPLE COMPUTER, INC. COM 037833100 771.09 7500 SH SOLE 7500
APPLEBEES INT'L INC. COM 037899101 1472.05 49900 SH SOLE 49900
APEX PC SOLUTIONS, INC. COM 037945102 225.75 7000 SH SOLE 7000
APPLIED MATERIALS INC. COM 038222105 32432.12 256000 SH SOLE 256000
APPLIED MICRO CIRCUITS CORP. COM 03822W109 712.60 5600 SH SOLE 5600
APPLIED SCIENCE & TECHNOLOGY COM 038236105 1887.69 56800 SH SOLE 56800
APPLIEDTHEORY CORP. COM 03828R104 4262.40 153600 SH SOLE 153600
ARCH COMMUNICATIONS GROUP INC. COM 039381504 384.64 58333 SH SOLE 58333
ARCHER-DANIELS-MIDLAND CO. COM 039483102 355.20 29295 SH SOLE 29295
ARDENT SOFTWARE, INC. COM 039794102 1727.70 44300 SH SOLE 44300
ARROW ELECTRONICS INC. COM 042735100 7579.51 298700 SH SOLE 298700
ARTESYN TECHNOLOGIES, INC. COM 043127109 1482.60 70600 SH SOLE 70600
ASSOCIATED BANC-CORP. COM 045487105 568.55 16600 SH SOLE 16600
EXCITE AT HOME CORP. COM SER A 045919107 7610.31 177500 SH SOLE 177500
ASSOCIATES FIRST CAPITAL CORP CL A 046008108 10851.72 395500 SH SOLE 395500
ASTORIA FINANCIAL CORP. COM 046265104 4550.48 149500 SH SOLE 149500
ASYST TECHNOLOGIES, INC. COM 04648X107 3107.68 47400 SH SOLE 47400
ATLANTIC RICHFIELD CO. COM 048825103 1323.45 15300 SH SOLE 15300
ATMEL CORP. COM 049513104 407.96 13800 SH SOLE 13800
AUTOMATIC DATA PROCESSING INC. COM 053015103 1573.15 29200 SH SOLE 29200
AUTOMATIC DATA PROCESSING INC. LYON SUB ZERO 12 053015AC7 5560.00 4000000 PRN SOLE 0
AVERY DENNISON CORP. COM 053611109 400.81 5500 SH SOLE 5500
AVIS RENT A CAR, INC. COM 053790101 779.67 30500 SH SOLE 30500
AVON PRODUCTS INC. COM 054303102 412.50 12500 SH SOLE 12500
BB&T CORP. COM 054937107 372.30 13600 SH SOLE 13600
BISYS (THE) GROUP, INC. COM 055472104 3588.75 55000 SH SOLE 55000
BJ SERVICES CO. COM 055482103 2051.34 49060 SH SOLE 49060
BJ'S WHOLESALE CLUB, INC. COM 05548J106 1327.87 36380 SH SOLE 36380
BMC SOFTWARE, INC. COM 055921100 21509.71 269080 SH SOLE 269080
BAKER HUGHES INC. COM 057224107 324.37 15400 SH SOLE 15400
BANK OF AMERICA CORP. COM 060505104 17472.70 348145 SH SOLE 348145
BANK OF NEW YORK CO. COM 064057102 25780.00 644500 SH SOLE 644500
BANK ONE CORP. COM 06423A103 1734.60 54100 SH SOLE 54100
BANK UNITED CORP. COM 065412108 3646.05 133800 SH SOLE 133800
BARD (C.R.) INC. COM 067383109 5973.10 112700 SH SOLE 112700
BARNES & NOBLE, INC. COM 067774109 680.62 33000 SH SOLE 33000
BARRICK GOLD CORP. COM 067901108 316.61 17900 SH SOLE 17900
BARRETT RESOURCES CORP. COM PAR $0.01 068480201 712.39 24200 SH SOLE 24200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
BAUSCH & LOMB INC. COM 071707103 910.22 13300 SH SOLE 13300
BAXTER INTERNATIONAL INC. COM 071813109 7430.77 118300 SH SOLE 118300
BEA SYSTEMS, INC. COM 073325102 615.45 8800 SH SOLE 8800
BEAR STEARNS COMPANIES INC. COM 073902108 628.85 14710 SH SOLE 14710
BECTON, DICKINSON AND CO. COM 075887109 7388.35 276200 SH SOLE 276200
BED, BATH & BEYOND INC. COM 075896100 2029.40 58400 SH SOLE 58400
BELL & HOWELL CO. COM 077852101 1908.78 60000 SH SOLE 60000
BELL ATLANTIC CORP. COM 077853109 25604.05 415900 SH SOLE 415900
BELLSOUTH CORP. COM 079860102 4171.03 89100 SH SOLE 89100
BEN AND JERRY'S HOMEMADE INC. CLA 081465106 470.13 18900 SH SOLE 18900
BENCHMARK ELECTRONICS INC. COM 08160H101 493.16 21500 SH SOLE 21500
BEST BUY CO. INC. COM 086516101 16331.17 325400 SH SOLE 325400
BESTFOODS COM 08658U101 714.85 13600 SH SOLE 13600
BEYOND.COM CORP. COM 08860E101 589.88 75500 SH SOLE 75500
BIOGEN, INC. COM 090597105 13063.70 154600 SH SOLE 154600
BIOMET INC. COM 090613100 1353.20 33830 SH SOLE 33830
BLACK & DECKER CORP. COM 091797100 17381.48 332660 SH SOLE 332660
BLACK BOX CORP. COM 091826107 2311.50 34500 SH SOLE 34500
E.W. BLANCH HOLDINGS INC. COM 093210102 1108.62 18100 SH SOLE 18100
BLOCK (H&R) INC. COM 093671105 3959.37 90500 SH SOLE 90500
BOEING CO. COM 097023105 15145.55 364400 SH SOLE 364400
BOSTON SCIENTIFIC CORP. COM 101137107 404.68 18500 SH SOLE 18500
BOWATER INC. COM 102183100 645.78 11890 SH SOLE 11890
BRIGHT HORIZON FAMILY SOLUTION COM 109195107 995.62 53100 SH SOLE 53100
BRINKER INTERNATIONAL INC. COM 109641100 952.80 39700 SH SOLE 39700
BRISTOL MYERS SQUIBB CO. COM 110122108 41619.49 648400 SH SOLE 648400
BROADCOM CORP. CL A 111320107 490.27 1800 SH SOLE 1800
BROADVISION, INC. COM 111412102 476.17 2800 SH SOLE 2800
BUFFETS, INC. COM 119882108 4754.00 475400 SH SOLE 475400
BURLINGTON NORTHERN SANTA FE COM 12189T104 506.82 20900 SH SOLE 20900
BURLINGTON RESOURCES INC. COM 122014103 13787.27 417000 SH SOLE 417000
BURR-BROWN CORP. COM 122574106 3893.37 107775 SH SOLE 107775
BUSINESS OBJECTS S.A. SPONSORED ADR 12328X107 1082.36 8100 SH SOLE 8100
CBS CORP. COM 12490K107 21022.81 328800 SH SOLE 328800
C-CUBE MICROSYSTEMS INC. COM 125015107 2446.42 39300 SH SOLE 39300
CDW COMPUTER CENTERS, INC. COM 125129106 3239.35 41200 SH SOLE 41200
CIGNA CORP. COM 125509109 741.17 9200 SH SOLE 9200
CMGI INC. COM 125750109 23631.28 85350 SH SOLE 85350
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CMS ENERGY CORP. COM 125896100 639.35 20500 SH SOLE 20500
CNET, INC. COM 125945105 1344.97 23700 SH SOLE 23700
CNF TRANSPORTATION INC. COM 12612W104 527.85 15300 SH SOLE 15300
CSG SYSTEMS INT'L, INC. COM 126349109 1287.96 32300 SH SOLE 32300
CSX CORP. COM 126408103 320.02 10200 SH SOLE 10200
CTS CORP. COM 126501105 1288.91 17100 SH SOLE 17100
CVS CORP. COM 126650100 15671.67 392400 SH SOLE 392400
CABLE & WIRELESS PLC SPONSORED ADR 126830207 9015.34 170300 SH SOLE 170300
CABLEVISION SYSTEMS CORP. CL A 12686C109 16345.75 216500 SH SOLE 216500
CABLETRON SYSTEM INC. COM 126920107 13278.20 510700 SH SOLE 510700
CADENCE DESIGN SYSTEMS, INC. COM 127387108 448.80 18700 SH SOLE 18700
CAL DIVE INTL', INC. COM 127914109 934.12 28200 SH SOLE 28200
CAMPBELL SOUP CO. COM 134429109 816.31 21100 SH SOLE 21100
CAPITAL ONE FINANCIAL CORP. COM 14040H105 448.14 9300 SH SOLE 9300
CAPROCK COMMUNICATIONS CORP. COM 140667106 366.54 11300 SH SOLE 11300
CAPSTAR HOTEL CO. SUB NT CV4.75%04 140918AC7 4139.30 5300000 PRN SOLE 0
CARDINAL HEALTH, INC. COM 14149Y108 612.80 12800 SH SOLE 12800
CARNIVAL CORP. COM 143658102 19220.82 402000 SH SOLE 402000
CAROLINA POWER & LIGHT CO. COM 144141108 231.32 7600 SH SOLE 7600
CARRAMERICA REALTY CORP. COM 144418100 2137.50 100000 SH SOLE 100000
CARRIER ACCESS CORP. COM 144460102 1366.45 20300 SH SOLE 20300
CASELLA WASTE SYSTEMS, INC. CL A 147448104 1661.00 88000 SH SOLE 88000
CATALINA MARKETING CORP. COM 148867104 2477.05 21400 SH SOLE 21400
CATALYTICA, INC. COM 148885106 1413.26 104200 SH SOLE 104200
CATELLUS DEVELOPMENT CORP. COM 149111106 839.25 65500 SH SOLE 65500
CATERPILLAR INC. COM 149123101 753.00 16000 SH SOLE 16000
CENDANT CORP. COM 151313103 19169.26 721653 SH SOLE 721653
CENDANT CORP. COM 151313301 7482.47 200200 SH SOLE 200200
CENTOCOR, INC. SB DB CV 4.75%05 152342AE1 3999.00 3000000 PRN SOLE 0
CENTURY MAINTENANCE SUPPLY COM 156616401 2746.20 29022 SH SOLE 29022
CENTURYTEL INC. COM 156700106 1582.79 33410 SH SOLE 33410
CEPHALON, INC. COM 156708109 8343.50 241400 SH SOLE 241400
CERIDIAN CORP. COM 15677T106 312.66 14500 SH SOLE 14500
CERNER CORP. COM 156782104 763.89 38800 SH SOLE 38800
CHAMPION INT'L CORP. COM 158525105 291.10 4700 SH SOLE 4700
CHARLES RIVER ASSOCIATES INC. COM 159852102 1571.15 46900 SH SOLE 46900
CHARTER ONE FINANCIAL, INC. COM 160903100 234.74 12274 SH SOLE 12274
CHARTER COMMUNICATIONS, INC. CL A 16117M107 3970.31 181500 SH SOLE 181500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CHASE MANHATTAN CORP. COM 16161A108 29622.43 381300 SH SOLE 381300
CHATTEM, INC. COM 162456107 606.10 31900 SH SOLE 31900
CHESAPEAKE ENERGY CORP. PFD CONV 144A 165167206 1750.87 69000 SH SOLE 69000
CHEVRON CORP. COM 166751107 2633.40 30400 SH SOLE 30400
CHEVY CHASE PFD CAPTL CORP PFD A EXCH% 16678M207 5131.87 105000 SH SOLE 105000
CHIRON CORP. COM 170040109 555.11 13100 SH SOLE 13100
CHIRON CORP. SB CV ADJ 144A00 170040AB5 2926.00 2000000 PRN SOLE 0
CHUBB CORP. COM 171232101 433.61 7700 SH SOLE 7700
CIBER, INC. COM 17163B102 891.00 32400 SH SOLE 32400
CIENA CORP. COM 171779101 17376.50 302200 SH SOLE 302200
CINCINNATI FINANCIAL CORP. COM 172062101 237.02 7600 SH SOLE 7600
CIRCUIT CITY STORES, INC. CIR CITY GRP 172737108 13262.04 294300 SH SOLE 294300
CISCO SYSTEMS, INC. COM 17275R102 179787.8 1678300 SH SOLE 1678300
CITIGROUP INC. COM 172967101 76490.80 1376650 SH SOLE 1376650
CITIZENS UTILITIES TRUST PFD EPPICS CV 177351202 1691.25 30000 SH SOLE 30000
CITRIX SYSTEMS, INC. COM 177376100 35714.28 290360 SH SOLE 290360
CITY NATIONAL CORP. COM 178566105 2159.08 65550 SH SOLE 65550
CLARIFY INC. COM 180492100 1953.00 15500 SH SOLE 15500
CLEAR CHANNEL COMMUNICATIONS COM 184502102 44961.47 503770 SH SOLE 503770
CLOROX CO. COM 189054109 463.45 9200 SH SOLE 9200
COASTAL CORP. COM 190441105 357.92 10100 SH SOLE 10100
COCA-COLA CO. COM 191216100 21983.55 377400 SH SOLE 377400
COCA-COLA ENTERPRISES, INC. COM 191219104 366.27 18200 SH SOLE 18200
COGNEX CORP. COM 192422103 1478.10 37900 SH SOLE 37900
COGNIZANT TECH SOLUTIONS CORP. CL A 192446102 513.77 4700 SH SOLE 4700
COGNOS, INC. COM 19244C109 3385.57 73400 SH SOLE 73400
COHU, INC. COM 192576106 1856.90 59900 SH SOLE 59900
KENNETH COLE PRODUCTIONS, INC. COM 193294105 1573.80 34400 SH SOLE 34400
COLGATE-PALMOLIVE CO. COM 194162103 22054.50 339300 SH SOLE 339300
COLUMBIA ENERGY GROUP COM 197648108 259.32 4100 SH SOLE 4100
COLUMBIA/HCA HEALTHCARE CORP. COM 197677107 1146.13 39100 SH SOLE 39100
COMCAST CORP. CL A SPL 200300200 11528.36 228000 SH SOLE 228000
COMDISCO, INC. COM 200336105 797.15 21400 SH SOLE 21400
COMERICA, INC. COM 200340107 359.49 7700 SH SOLE 7700
COMMERCE BANCORP, INC. COM 200519106 1721.64 42575 SH SOLE 42575
COMMERCE ONE, INC. COM 200693109 589.50 3000 SH SOLE 3000
COMMSCOPE, INC. COM 203372107 1040.07 25800 SH SOLE 25800
COMMUNITY FIRST BANKSHARES INC COM 203902101 1252.12 79500 SH SOLE 79500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
COMPAQ COMPUTER CORP. COM 204493100 14965.83 553000 SH SOLE 553000
COMPASS BANCSHARES, INC. COM 20449H109 6235.36 279450 SH SOLE 279450
COMPUTER ASSOCIATES INT'L INC. COM 204912109 20435.88 292200 SH SOLE 292200
COMPUTER SCIENCES CORP. COM 205363104 690.76 7300 SH SOLE 7300
COMPUWARE CORP. COM 205638109 17885.58 480150 SH SOLE 480150
COMVERSE TECHNOLOGY, INC. COM PAR $0.10 205862402 23029.72 159100 SH SOLE 159100
CONAGRA, INC. COM 205887102 507.66 22500 SH SOLE 22500
COM21, INC. COM 205937105 3352.23 149400 SH SOLE 149400
CONCORD COMMUNICATIONS, INC. COM 206186108 1988.00 44800 SH SOLE 44800
CONCORD EFS, INC. COM 206197105 12309.14 478025 SH SOLE 478025
CONEXANT SYSTEMS, INC. COM 207142100 7155.22 107800 SH SOLE 107800
CONOCO INC. CLB 208251405 736.62 29613 SH SOLE 29613
CONSECO, INC. COM 208464107 270.75 15200 SH SOLE 15200
CONSOLIDATED EDISON, INC. COM 209115104 379.50 11000 SH SOLE 11000
CONSOLIDATED GRAPHICS, INC. COM 209341106 702.08 47000 SH SOLE 47000
CONSOLIDATED NATURAL GAS CO. COM 209615103 792.24 12200 SH SOLE 12200
CONTINENTAL AIRLINES, INC. COM 210795308 5418.18 122100 SH SOLE 122100
CONVERGENT COMMUNICATIONS INC. COM 211914403 563.64 35505 SH SOLE 35505
CONVERGYS CORP. COM 212485106 1617.45 52600 SH SOLE 52600
COOPER CAMERON CORP. COM 216640102 773.22 15800 SH SOLE 15800
COPPER MOUNTAI N NETWORKS, INC COM 217510106 906.75 18600 SH SOLE 18600
CORNING INC. COM 219350105 1392.53 10800 SH SOLE 10800
CORT BUSINESS SERVICES CORP. COM 220493100 477.80 27400 SH SOLE 27400
CORUS GROUP PLC SPONSORED ADR 22087M101 318.26 12300 SH SOLE 12300
COST PLUS, INC. COM 221485105 1414.31 39700 SH SOLE 39700
COSTCO WHOLESALE CORP. COM 22160K105 24956.87 273500 SH SOLE 273500
COSTAR GROUP INC. COM 22160N109 315.70 8800 SH SOLE 8800
COSTCO COMPANIES, INC. SB CV ZERO144A17 22160QAA0 5804.25 5450000 PRN SOLE 0
COSTCO COMPANIES, INC. SB NT CV ZERO17 22160QAC6 4579.50 4300000 PRN SOLE 0
COVAD COMMUNICATION GROUP INC. COM 222814204 23410.05 418500 SH SOLE 418500
COX COMMUNICATIONS, INC. CL A 224044107 16146.28 313520 SH SOLE 313520
COX RADIO, INC. CL A 224051102 4229.40 42400 SH SOLE 42400
CROWN CASTLE INT'L CORP. COM 228227104 2293.72 71400 SH SOLE 71400
CYBEX COMPUTER PRODUCTS CORP. COM 232522102 2559.60 63200 SH SOLE 63200
CYMER, INC. COM 232572107 1439.80 31300 SH SOLE 31300
CYPRESS SEMICONDUCTOR CORP. COM 232806109 404.68 12500 SH SOLE 12500
CYTEC INDUSTRIES INC. COM 232820100 300.62 13000 SH SOLE 13000
CYTYC CORP. COM 232946103 1984.54 32500 SH SOLE 32500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
DII GROUP, INC. (THE) COM 232949107 823.24 11600 SH SOLE 11600
DST SYSTEMS, INC. COM 233326107 686.81 9000 SH SOLE 9000
DALLAS SEMICONDUCTOR CORP. COM 235204104 2757.94 42800 SH SOLE 42800
DANA CORP. COM 235811106 239.50 8000 SH SOLE 8000
DANAHER CORP. COM 235851102 574.17 11900 SH SOLE 11900
DARDEN RESTAURANTS INC. COM 237194105 450.22 24840 SH SOLE 24840
DAYTON HUDSON CORP. COM 239753106 25372.82 345500 SH SOLE 345500
DEERE & CO. COM 244199105 492.30 11350 SH SOLE 11350
DELL COMPUTER CORP. COM 247025109 30722.40 602400 SH SOLE 602400
DELPHI AUTOMOTIVE SYSTEMS CORP COM 247126105 347.85 22086 SH SOLE 22086
DELTA AIR LINES COM 247361108 333.74 6700 SH SOLE 6700
DENDRITE INTERNATIONAL, INC. COM 248239105 1034.88 30550 SH SOLE 30550
DENTSPLY INT'L INC. COM 249030107 999.33 42300 SH SOLE 42300
DEVRY, INC. COM 251893103 679.81 36500 SH SOLE 36500
DIAL CORP. COM 25247D101 9142.66 376040 SH SOLE 376040
DIAMOND OFFSHORE DRILLING SB NT CV 3.75%07 25271CAA0 6800.50 6700000 PRN SOLE 0
DIGITAL MICROWAVE CORP. COM 253859102 6613.03 282150 SH SOLE 282150
DIGITAL RIVER, INC. COM 25388B104 1059.35 31800 SH SOLE 31800
DIME BANCORP, INC. COM 25429Q102 181.50 12000 SH SOLE 12000
DIONEX CORP. COM 254546104 1140.90 27700 SH SOLE 27700
DISNEY (WALT) CO. COM 254687106 12097.80 413600 SH SOLE 413600
DOLLAR GENERAL CORP. COM 256669102 605.15 26600 SH SOLE 26600
DOLLAR TREE STORES, INC. COM 256747106 3763.63 77700 SH SOLE 77700
DOMINION RESOURCES INC. COM 257470104 349.32 8900 SH SOLE 8900
DLJDIRECT COM 257661108 11760.93 243120 SH SOLE 243120
DOUBLECLICK COM 258609304 27067.61 106960 SH SOLE 106960
DOVER CORP. COM 260003108 18866.92 415800 SH SOLE 415800
DOW CHEMICAL CO. COM 260543103 1296.16 9700 SH SOLE 9700
DOW JONES & CO., INC. COM 260561105 1788.40 26300 SH SOLE 26300
DSL.NET, INC. COM 262506108 411.48 28500 SH SOLE 28500
DUPONT (E.I.) DE NEMOURS COM 263534109 15170.81 230297 SH SOLE 230297
DUANE READE INC. COM 263578106 1777.81 64500 SH SOLE 64500
DUKE ENERGY CORP. COM 264399106 862.15 17200 SH SOLE 17200
DYCOM INDUSTRIES, INC. COM 267475101 1872.67 42500 SH SOLE 42500
DYNEGY INC. COM 26816L102 967.65 39800 SH SOLE 39800
ECI TELECOM LTD. ORD 268258100 234.02 7400 SH SOLE 7400
EMC CORP. COM 268648102 72705.87 665500 SH SOLE 665500
EMC CORP. SUB NT CONV 6%04 268648AE2 4152.00 3000000 PRN SOLE 0
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ENSCO INTERNATIONAL, INC. COM 26874Q100 8798.18 384620 SH SOLE 384620
EOG RESOURCES, INC. COM 26875P101 307.35 17500 SH SOLE 17500
ETEC SYSTEMS, INC. COM 26922C103 1467.41 32700 SH SOLE 32700
E-TEK DYNAMICS, INC. COM 269240107 10393.05 77200 SH SOLE 77200
EAGLE USA AIRFREIGHT, INC. COM 270018104 215.62 5000 SH SOLE 5000
EASTMAN KODAK CO. COM 277461109 1000.37 15100 SH SOLE 15100
EATON CORP. COM 278058102 239.66 3300 SH SOLE 3300
ECHOSTAR COMMUNICATIONS CORP. CL A 278762109 12197.25 125100 SH SOLE 125100
ECHOSTAR COMMUNICATIONS CORP. PFD CV SER C 278762307 7054.73 8500 SH SOLE 8500
EDISON INT'L COM 281020107 434.72 16600 SH SOLE 16600
J.D. EDWARDS COM 281667105 797.66 26700 SH SOLE 26700
EL PASO ENERGY CAPITAL TRUST I PFD CV TR SECS 283678209 3450.68 68500 SH SOLE 68500
EL PASO NATURAL GAS CO. COM 283905107 609.36 15700 SH SOLE 15700
ELECTRO SCIENTIFIC INDUSTRIES COM 285229100 824.90 11300 SH SOLE 11300
ELECTRONIC ARTS INC. COM 285512109 3704.40 44100 SH SOLE 44100
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 10830.56 161800 SH SOLE 161800
ELECTRONICS BOUTIQUE HOLDINGS COM 286045109 1596.60 88700 SH SOLE 88700
ELECTRONICS FOR IMAGING, INC. COM 286082102 1615.87 27800 SH SOLE 27800
EMERSON ELECTRIC CO. COM 291011104 1158.97 20200 SH SOLE 20200
EMMIS COMMUNICATIONS CORP. CL A 291525103 4499.54 36100 SH SOLE 36100
ENERGY EAST CORP. COM 29266M109 206.04 9900 SH SOLE 9900
ENRON CORP. COM 293561106 2338.56 52700 SH SOLE 52700
ENTERGY CORP. COM 29364G103 316.72 12300 SH SOLE 12300
EQUANT N.V. NY REG SHS 294409107 19510.40 174200 SH SOLE 174200
ETHAN ALLEN INTERIORS INC. COM 297602104 813.91 25385 SH SOLE 25385
EXODUS COMMUNICATIONS, INC. COM 302088109 1065.75 12000 SH SOLE 12000
EXPEDITORS INT'L OF WASHINGTON COM 302130109 735.18 16780 SH SOLE 16780
EXPRESS SCRIPTS, INC. CL A 302182100 947.20 14800 SH SOLE 14800
EXXON MOBIL CORP. COM 30231G102 40569.43 503574 SH SOLE 503574
FPL GROUP INC. COM 302571104 368.19 8600 SH SOLE 8600
F.Y.I. INC. COM 302712104 890.80 26200 SH SOLE 26200
FACTSET RESEARCH SYSTEMS INC. COM 303075105 2253.38 28300 SH SOLE 28300
FAMILY DOLLAR STORES, INC. COM 307000109 4792.75 293800 SH SOLE 293800
FATBRAIN.COM INC. COM 311889109 2809.56 112100 SH SOLE 112100
FDX CORP. COM 31304N107 540.38 13200 SH SOLE 13200
FEDERAL HOME LOAN MTG CORP. COM 313400301 25145.76 534300 SH SOLE 534300
FEDERAL NATIONAL MTG ASSOC. COM 313586109 27304.13 437300 SH SOLE 437300
FEDERATED DEPARTMENT STORES COM 31410H101 16706.01 330400 SH SOLE 330400
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
FIFTH THIRD BANCORP COM 316773100 924.52 12600 SH SOLE 12600
FINISAR CORP. COM 31787A101 5886.81 65500 SH SOLE 65500
FINOVA GROUP, INC. COM 317928109 538.18 15160 SH SOLE 15160
FINOVA FINANCE TRUST TOPRS CV 9.16% 31808E207 1750.00 35000 SH SOLE 35000
FIRST CONSULTING GROUP, INC. COM 31986R103 573.50 37000 SH SOLE 37000
FIRST DATA CORP. COM 319963104 14157.76 287100 SH SOLE 287100
FIRST HEALTH GROUP CORP. COM 320960107 857.31 31900 SH SOLE 31900
FIRST SIERA FINANCIAL, INC. COM 335944104 397.30 23200 SH SOLE 23200
FIRST UNION CORP. COM 337358105 1502.83 45800 SH SOLE 45800
FIRSTAR CORP. COM 33763V109 1637.18 77500 SH SOLE 77500
FISERV INC. COM 337738108 13137.91 342910 SH SOLE 342910
FIRSTENERGY CORP. COM 337932107 233.68 10300 SH SOLE 10300
FLEETBOSTON FINANCIAL CORP. COM 339030108 17691.44 508185 SH SOLE 508185
FLORIDA PROGRESS CORP. COM 341109106 270.80 6400 SH SOLE 6400
FORD MOTOR CO. COM 345370100 18735.36 350600 SH SOLE 350600
FOREST LABORATORIES, INC. CL A 345838106 15939.47 259440 SH SOLE 259440
FORT JAMES CORP. COM 347471104 6323.62 231000 SH SOLE 231000
FORTUNE BRANDS, INC. COM 349631101 244.66 7400 SH SOLE 7400
FOSSIL INC. COM 349882100 1134.28 49050 SH SOLE 49050
FOX ENTERTAINMENT GROUP, INC. CL A 35138T107 8097.36 324700 SH SOLE 324700
FRANKLIN RESOURCES COM 354613101 355.89 11100 SH SOLE 11100
FREEPORT-MCMORAN COPPER & GOLD CL B 35671D857 3105.37 147000 SH SOLE 147000
G & K SERVICES INC. CL A 361268105 615.12 19000 SH SOLE 19000
GST TELECOMMUNICATIONS, INC. SSBDISC144ACV05 361942AA3 2800.00 2500000 PRN SOLE 0
GTE CORP. COM 362320103 3245.89 46000 SH SOLE 46000
GANNETT CO. INC. COM 364730101 10489.00 128600 SH SOLE 128600
GAP INC. COM 364760108 16553.10 359850 SH SOLE 359850
GATEWAY INC. COM 367626108 13778.44 191200 SH SOLE 191200
GAYLORD CONTAINER CORP. CL A 368145108 690.68 101377 SH SOLE 101377
GAYLORD CONTAINER CORP. WT EXP 110202 368145116 895.31 127902 SH SOLE 127902
GENENTECH, INC. COM 368710406 847.35 6300 SH SOLE 6300
GENERAL DYNAMICS CORP. COM 369550108 316.50 6000 SH SOLE 6000
GENERAL ELECTRIC CO. COM 369604103 102537.3 662600 SH SOLE 662600
GENERAL INSTRUMENT CORP. COM 370120107 18606.50 218900 SH SOLE 218900
GENERAL MILLS INC. COM 370334104 493.35 13800 SH SOLE 13800
GENERAL MOTORS CORP. COM 370442105 16173.08 222500 SH SOLE 222500
GENERAL MOTORS CORP. CL H NEW 370442832 21430.08 223230 SH SOLE 223230
GENTEX CORP. COM 371901109 2813.85 101400 SH SOLE 101400
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
GENZYME SURGICAL PRODUCTS COM GENL DIV 372917104 4729.50 105100 SH SOLE 105100
GEORGIA-PACIFIC CORP. COM 373298108 411.07 8100 SH SOLE 8100
GETTY IMAGES, INC. COM 374276103 1599.67 32730 SH SOLE 32730
GILEAD SCIENCES, INC. COM 375558103 5298.83 97900 SH SOLE 97900
GILLETTE CO. COM 375766102 2137.65 51900 SH SOLE 51900
GLIMCHER REALTY TRUST SH BEN INT 379302102 2179.73 169300 SH SOLE 169300
GLOBAL IMAGING SYSTEMS, INC. COM 37934A100 504.70 41200 SH SOLE 41200
GLOBESPAN, INC. COM 379571102 1068.05 16400 SH SOLE 16400
GOLDEN WEST FINANCIAL CORP. COM 381317106 241.20 7200 SH SOLE 7200
GOODYEAR TIRE & RUBBER CO. COM 382550101 205.77 7300 SH SOLE 7300
GRANITE BROADCASTING CORP. COM 387241102 6075.00 600000 SH SOLE 600000
GREAT ATLANTIC & PACIFIC TEA COM 390064103 5251.65 188400 SH SOLE 188400
GREAT PLAINS SOFTWARE INC. COM 39119E105 1936.02 25900 SH SOLE 25900
GROUP1 AUTOMOTIVE, INC. COM 398905109 703.86 50500 SH SOLE 50500
GUIDANT CORP. COM 401698105 10687.80 227400 SH SOLE 227400
HAIN FOOD GROUP, INC. COM 405219106 1116.51 49900 SH SOLE 49900
HALLIBURTON CO. COM 406216101 21413.00 532000 SH SOLE 532000
HANGER ORTHOPEDIC GROUP, INC. COM 41043F208 370.00 37000 SH SOLE 37000
HARBINGER CORP. COM 41145C103 6792.07 213500 SH SOLE 213500
HARLEY DAVIDSON INC. COM 412822108 1025.64 16010 SH SOLE 16010
HARMONIC INC. COM 413160102 484.18 5100 SH SOLE 5100
HARRIS INTERACTIVE INC. COM 414549105 1871.92 143300 SH SOLE 143300
HARTE-HANKS, INC. COM 416196103 1148.40 52800 SH SOLE 52800
HARTFORD FINANCIAL SVCS, INC. COM 416515104 10597.78 223700 SH SOLE 223700
HEALTH MGMT ASSOCIATES INC. CL A 421933102 1235.51 92375 SH SOLE 92375
HEINZ (H.J.) CO. COM 423074103 656.91 16500 SH SOLE 16500
JACK HENRY & ASSOCIATES, INC. COM 426281101 1911.29 35600 SH SOLE 35600
HERCULES INC. COM 427056106 2079.47 74600 SH SOLE 74600
HERSHEY FOODS CORP. COM 427866108 313.50 6600 SH SOLE 6600
HEWLETT-PACKARD CO. COM 428236103 31002.52 272100 SH SOLE 272100
HEWLETT-PACKARD CO. SB LYON ZERO 17 428236AC7 10541.70 15300000 PRN SOLE 0
HIBERNIA CORP. CL A 428656102 796.87 75000 SH SOLE 75000
HISPANIC BROADCASTING CORP. CL A 43357B104 1752.16 19000 SH SOLE 19000
HOME DEPOT, INC. COM 437076102 82645.70 1205398 SH SOLE 1205398
HONEYWELL INT'L INC. COM 438516106 27496.17 476636 SH SOLE 476636
HOUSEHOLD INTERNATIONAL, INC. COM 441815107 860.47 23100 SH SOLE 23100
HUMAN GENOME SCIENCES, INC. COM 444903108 1205.73 7900 SH SOLE 7900
HUNTINGTON BANCSHARES INC. COM 446150104 269.78 11300 SH SOLE 11300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
HYPERION SOLUTIONS CORP. COM 44914M104 3304.04 75955 SH SOLE 75955
IBP INC. COM 449223106 511.20 28400 SH SOLE 28400
ICG COMMUNICATIONS, INC. COM 449246107 3571.87 190500 SH SOLE 190500
IDEC PHARMACEUTICALS CORP. COM 449370105 4155.97 42300 SH SOLE 42300
IMS HEALTH INC. COM 449934108 405.10 14900 SH SOLE 14900
ISS GROUP, INC. COM 450306105 7098.27 99800 SH SOLE 99800
ITC DELTACOM INC. COM 45031T104 1593.96 57700 SH SOLE 57700
ITT EDUCATIONAL SERVICES, INC. COM 45068B109 910.84 59000 SH SOLE 59000
ILEX ONCOLOGY, INC. COM 451923106 895.03 37100 SH SOLE 37100
ILLINOIS TOOL WORKS INC. COM 452308109 1797.17 26600 SH SOLE 26600
ILLINOVA CORP. COM 452317100 903.50 26000 SH SOLE 26000
IMAX CORP. COM 45245E109 2948.28 107700 SH SOLE 107700
IMMUNEX CORP. COM 452528102 525.60 4800 SH SOLE 4800
INFINITY BROADCASTING CORP. CL A 45662S102 22848.19 631375 SH SOLE 631375
INFOCURE CORP. COM 45665A108 1331.72 42700 SH SOLE 42700
INFORMIX CORP. COM 456779107 11522.64 1007400 SH SOLE 1007400
INGERSOLL-RAND CO. COM 456866102 423.98 7700 SH SOLE 7700
INHALE THERAPEUTIC SYSTEMS COM 457191104 2128.15 50000 SH SOLE 50000
INKTOMI CORP. COM 457277101 603.50 6800 SH SOLE 6800
INSIGHT ENTERPRISES, INC. COM 45765U103 577.89 14225 SH SOLE 14225
INSITUFORM TECHNOLOGIES CL A 457667103 1299.50 46000 SH SOLE 46000
INSIGHT COMMUNICATIONS CO INC. CL A 45768V108 4425.97 149400 SH SOLE 149400
INSPIRE INSURANCE SOLUTIONS COM 457732105 435.97 94900 SH SOLE 94900
INTEGRATED HEALTH SVCS, INC. SR SD CV 5.75%01 45812CAE6 29.15 2650000 PRN SOLE 0
INTEL CORP. COM 458140100 85350.34 1036900 SH SOLE 1036900
INTER-TEL INC. COM 458372109 1907.50 76300 SH SOLE 76300
INTERMEDIA COMMUNICATIONS INC. COM 458801107 17421.29 448852 SH SOLE 448852
INTERNATIONAL BUS. MACHINES COM 459200101 53524.80 495600 SH SOLE 495600
INTERNATIONAL HOME FOODS, INC. COM 459655106 8466.83 487300 SH SOLE 487300
INTERNATIONAL PAPER CO. COM 460146103 1083.60 19200 SH SOLE 19200
INTERNET CAPITAL GROUP, INC. COM 46059C106 510.00 3000 SH SOLE 3000
INTERPUBLIC GROUP COMPANY INC. COM 460690100 11185.70 193900 SH SOLE 193900
INTERPUBLIC GROUP COMPANY INC. SB NT CV 144A 06 460690AG5 3675.75 3250000 PRN SOLE 0
INTERVOICE-BRITE, INC. COM 461142101 2755.12 118500 SH SOLE 118500
INTERWORLD CORP. COM 46114Q108 4089.46 47900 SH SOLE 47900
INTERVU INC. COM 46114R106 220.50 2100 SH SOLE 2100
INTIMATE BRANDS, INC. CL A 461156101 6703.99 155455 SH SOLE 155455
INTUIT INC. COM 461202103 25311.81 422300 SH SOLE 422300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
INVESTMENT TECHNOLOGY GROUP COM 46145F105 485.87 16900 SH SOLE 16900
IRON MOUNTAIN INC. COM 46284P104 790.19 20100 SH SOLE 20100
I-2 TECHNOLOGIES, INC. COM 465754109 614.25 3150 SH SOLE 3150
IVAX CORP. COM 465823102 571.65 22200 SH SOLE 22200
IVILLAGE INC. COM 46588H105 1626.07 80300 SH SOLE 80300
JDS UNIPHASE CORP. COM 46612J101 52471.89 325280 SH SOLE 325280
JNI CORP. COM 46622G105 2890.80 43800 SH SOLE 43800
JABIL CIRCUIT, INC. COM 466313103 15738.80 215600 SH SOLE 215600
JACOR COMMUNICATIONS, INC. SR LYON ZERO 18 469858AB0 1211.40 1800000 PRN SOLE 0
JAKKS PACIFIC, INC. COM 47012E106 786.76 42100 SH SOLE 42100
JEFFERSON-PILOT CORP. COM 475070108 341.25 5000 SH SOLE 5000
JOHNSON & JOHNSON COM 478160104 31522.81 338500 SH SOLE 338500
JOHNSON CONTROLS INC. COM 478366107 244.56 4300 SH SOLE 4300
JONES APPAREL GROUP INC. COM 480074103 1217.37 44880 SH SOLE 44880
JONES PHARMA INC. COM 480236108 3092.78 71200 SH SOLE 71200
KLA INSTRUMENTS CORP. COM 482480100 24866.69 223270 SH SOLE 223270
K-MART CORP. COM 482584109 6292.39 625300 SH SOLE 625300
K-V PHARMACEUTICAL CO. CL A 482740206 502.38 22900 SH SOLE 22900
KANSAS CITY SOUTHERN INDS INC. COM 485170104 11111.66 148900 SH SOLE 148900
KEANE, INC. COM 486665102 736.60 23200 SH SOLE 23200
KELLOGG CO. COM 487836108 579.28 18800 SH SOLE 18800
KEMET CORP. COM 488360108 1685.35 37400 SH SOLE 37400
KERR MCGEE CORP. COM 492386107 279.00 4500 SH SOLE 4500
KEY CORP. COM 493267108 457.98 20700 SH SOLE 20700
KIMBERLY CLARK CORP. COM 494368103 10289.92 157700 SH SOLE 157700
KNIGHT/TRIMARK GROUP, INC. CL A 499067106 16684.20 362700 SH SOLE 362700
KOHLS CORP. COM 500255104 12412.00 171940 SH SOLE 171940
KONINKLIJKE PHILIPS ELECTRONIC SPONSORED ADR NE 500472204 14229.00 105400 SH SOLE 105400
KOPIN CORP. COM 500600101 2965.20 70600 SH SOLE 70600
KROGER CO. COM 501044101 12829.33 679700 SH SOLE 679700
KULICKE & SOFFA INDUSTRIES,INC COM 501242101 1208.78 28400 SH SOLE 28400
LSI LOGIC CORP. COM 502161102 1188.00 17600 SH SOLE 17600
LAM RESEARCH CORP. COM 512807108 23785.23 213200 SH SOLE 213200
LAMAR ADVERTISING CO. CL A 512815101 1792.66 29600 SH SOLE 29600
LASON HOLDINGS, INC. COM 51808R107 239.80 21800 SH SOLE 21800
LATTICE SEMICONDUCTOR CORP. COM 518415104 14137.50 300000 SH SOLE 300000
LEARNING TREE INT'L, INC. COM 522015106 2002.00 71500 SH SOLE 71500
LEGATO SYSTEMS, INC. COM 524651106 13803.88 200600 SH SOLE 200600
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
LEGGETT & PLATT INC. COM 524660107 569.39 26560 SH SOLE 26560
LEGG MASON, INC. COM 524901105 1678.37 46300 SH SOLE 46300
LEHMAN BROTHERS HOLDING INC. COM 524908100 20308.18 239800 SH SOLE 239800
LEVEL ONE COMMUNICATIONS, INC. SUB NT CONV 4%04 527295AC3 2704.00 1000000 PRN SOLE 0
LEVEL 3 COMMUNICATIONS, INC. COM 52729N100 19969.31 243900 SH SOLE 243900
LEXMARK INT'L GROUP, INC. CL A 529771107 18652.05 206100 SH SOLE 206100
LIBERATE TECHNOLOGIES, INC. COM 530129105 4214.80 16400 SH SOLE 16400
LILLY (ELI) & CO. COM 532457108 14749.70 221800 SH SOLE 221800
LIMITED, INC. COM 532716107 9611.93 221918 SH SOLE 221918
LINCARE HOLDINGS, INC. COM 532791100 2431.62 70100 SH SOLE 70100
LINCOLN NATIONAL CORP. COM 534187109 384.00 9600 SH SOLE 9600
LINEAR TECHNOLOGY CORP. COM 535678106 21916.88 306260 SH SOLE 306260
LINENS 'N THINGS, INC. COM 535679104 930.22 31400 SH SOLE 31400
LIPOSOME COMPANY, INC. COM 536310105 589.40 48300 SH SOLE 48300
LOCKHEED MARTIN CORP. COM 539830109 398.12 18200 SH SOLE 18200
LOWE'S COS. COM 548661107 15397.57 257700 SH SOLE 257700
LUCENT TECHNOLOGIES, INC. COM 549463107 68246.96 912234 SH SOLE 912234
LYCOS, INC. COM 550818108 21291.05 267600 SH SOLE 267600
LYONDELL CHEMICAL CO. COM 552078107 4971.22 389900 SH SOLE 389900
MBIA INSURANCE CORP. COM 55262C100 264.06 5000 SH SOLE 5000
MBNA CORP. COM 55262L100 23391.40 858400 SH SOLE 858400
MCI WORLDCOM, INC. COM 55268B106 80923.72 1525050 SH SOLE 1525050
MGIC INVESTMENT CORP. WI COM 552848103 355.10 5900 SH SOLE 5900
MSC INDUSTRIAL DIRECT CO, INC. CL A 553530106 659.85 49800 SH SOLE 49800
MACDERMID, INC. COM 554273102 1527.54 37200 SH SOLE 37200
MACROVISION CORP. COM 555904101 1554.00 21000 SH SOLE 21000
MACROMEDIA, INC. COM 556100105 15860.81 216900 SH SOLE 216900
MAGELLAN HEALTH SERVICES, INC. COM 559079108 505.04 80000 SH SOLE 80000
MAGNA INT'L INC. SUB DEB CV 5%02 559222AE4 5184.00 5400000 PRN SOLE 0
MANPOWER, INC. COM 56418H100 699.82 18600 SH SOLE 18600
MARIMBA, INC. COM 56781Q109 1027.20 22300 SH SOLE 22300
MARINE DRILLING COMPANIES, INC COM PAR $0.01 568240204 3349.99 149300 SH SOLE 149300
MARSH & MCLENNAN COS. INC COM 571748102 11865.31 124000 SH SOLE 124000
MARSHALL & ILSLEY CORP. COM 571834100 778.88 12400 SH SOLE 12400
MARRIOTT INT'L, INC. CL A 571903202 369.28 11700 SH SOLE 11700
MASCO CORP. COM 574599106 406.00 16000 SH SOLE 16000
MASTECH CORP. COM 57632N105 1126.12 45500 SH SOLE 45500
MATTEL INC. COM 577081102 5939.85 452560 SH SOLE 452560
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
MAXIM INTEGRATED PRODUCTS, INC COM 57772K101 2809.57 59540 SH SOLE 59540
MAY DEPARTMENT STORES CO. COM 577778103 541.80 16800 SH SOLE 16800
MAVERICK TUBE CORP. COM 577914104 377.72 15300 SH SOLE 15300
MAYTAG CORP. COM 578592107 201.60 4200 SH SOLE 4200
MCAFEE.COM CORP. CL A 579062100 1701.00 37800 SH SOLE 37800
MCDONALDS CORP. COM 580135101 17233.80 427500 SH SOLE 427500
MCGRAW-HILL INC. COM 580645109 566.95 9200 SH SOLE 9200
MCKESSON HBOC, INC. COM 58155Q103 243.00 10800 SH SOLE 10800
MCLEODUSA INC. COM 582266102 1507.20 25600 SH SOLE 25600
MEDCO RESEARCH, INC. COM 584059109 1701.56 56600 SH SOLE 56600
MEDIAONE GRP/VODAPHONE AIRTOUC COM 58440J104 20516.75 267100 SH SOLE 267100
MEDICAL MANAGER CORP. COM 58461U103 985.72 11700 SH SOLE 11700
MEDIMMUNE, INC. COM 584699102 27966.52 168600 SH SOLE 168600
MEDQUIST INC. COM 584949101 1267.41 49100 SH SOLE 49100
MEDTRONIC INC. COM 585055106 25673.55 704582 SH SOLE 704582
MELLON FINANCIAL CORP. COM 58551A108 15525.91 455800 SH SOLE 455800
MEN'S (THE) WEARHOUSE, INC. COM 587118100 2846.43 96900 SH SOLE 96900
MENTOR CORP/MINN COM 587188103 2281.86 88400 SH SOLE 88400
MERCK AND CO. INC. COM 589331107 38212.49 569800 SH SOLE 569800
MERCURY COMPUTER SYSTEMS, INC. COM 589378108 1806.00 51600 SH SOLE 51600
MERCURY INTERACTIVE CORP. COM 589405109 2558.13 23700 SH SOLE 23700
MEREDITH CORP. COM 589433101 804.57 19300 SH SOLE 19300
MERRILL LYNCH & CO., INC. COM 590188108 19179.95 229700 SH SOLE 229700
MESABA HOLDINGS, INC. COM 59066B102 913.89 79900 SH SOLE 79900
META GROUP, INC. COM 591002100 1271.10 66900 SH SOLE 66900
METAMOR WORLDWIDE, INC. COM 59133P100 1048.50 36000 SH SOLE 36000
METRIS COMPANIES INC. COM 591598107 1930.72 54100 SH SOLE 54100
METTLER-TOLEDO INT'L INC. COM 592688105 959.66 25130 SH SOLE 25130
MICREL, INC. COM 594793101 3695.27 64900 SH SOLE 64900
MICROSOFT CORP. COM 594918104 199210.5 1706300 SH SOLE 1706300
MICROCHIP TECHNOLOGY INC. COM 595017104 13317.35 194590 SH SOLE 194590
MICROCELL TELECOMMUNICATIONS CL B NON VTG 59501T304 4095.92 124591 SH SOLE 124591
MICROMUSE INC. COM 595094103 2924.00 17200 SH SOLE 17200
MICRON TECHNOLOGY INC. COM 595112103 761.95 9800 SH SOLE 9800
MILLENNIUM PHARMACEUTICALS INC COM 599902103 439.20 3600 SH SOLE 3600
HERMAN MILLER, INC. COM 600544100 785.68 34160 SH SOLE 34160
MILLIPORE CORP. COM 601073109 718.42 18600 SH SOLE 18600
MINIMED INC. COM 60365K108 219.75 3000 SH SOLE 3000
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
3M CORP. COM 604059105 1859.62 19000 SH SOLE 19000
MIPS TECHNOLOGIES, INC. CLA 604567107 1388.40 26700 SH SOLE 26700
MIRAVANT MEDICAL TECHNOLOGIES COM 604690107 840.96 90300 SH SOLE 90300
MODIS PROFESSIONAL SERVICES COM 607830106 6646.20 466400 SH SOLE 466400
MOHAWK INDUSTRIES, INC. COM 608190104 2015.05 76400 SH SOLE 76400
MOLECULAR DEVICES CORP. COM 60851C107 660.40 12700 SH SOLE 12700
MONSANTO CO. COM 611662107 10944.00 307200 SH SOLE 307200
MONTANA POWER CO. COM 612085100 1236.96 34300 SH SOLE 34300
MORGAN J.P. & CO. INC. COM 616880100 1025.66 8100 SH SOLE 8100
MORGAN STANLEY DEAN WITTER COM NEW 617446448 34374.20 240800 SH SOLE 240800
MOTHERNATURE.COM, INC. COM 61978K105 174.04 23800 SH SOLE 23800
MOTOROLA, INC. COM 620076109 70061.55 475800 SH SOLE 475800
MYLAN LABORATORIES INC. COM 628530107 1384.08 54950 SH SOLE 54950
NBC INTERNET, INC. CL A 62873D105 6280.42 81300 SH SOLE 81300
NCI BUILDING SYSTEMS, INC. COM 628852105 464.35 25100 SH SOLE 25100
NCO GROUP, INC. COM 628858102 6347.33 210700 SH SOLE 210700
NFO WORLDWIDE, INC. COM 62910N108 3121.31 139500 SH SOLE 139500
NTL INC. COM 629407107 1197.60 9600 SH SOLE 9600
NABISCO HOLDINGS CORP. CL A 629526104 5512.23 174300 SH SOLE 174300
NABORS INDUSTRIES, INC. COM 629568106 8084.09 261300 SH SOLE 261300
NATIONAL CITY CORP. COM 635405103 715.37 30200 SH SOLE 30200
NAT'L COMPTER SYSTEMS, INC. COM 635519101 1667.91 44330 SH SOLE 44330
NATIONAL DATA CORP. COM 635621105 933.29 27500 SH SOLE 27500
NATIONAL INSTRUMENTS CORP. COM 636518102 4199.85 109800 SH SOLE 109800
NATIONAL SEMICONDUCTOR CORP. COM 637640103 18439.55 430700 SH SOLE 430700
NATIONWIDE FINANCIAL SERVICES CL A 638612101 631.39 22600 SH SOLE 22600
NAVIGANT CONSULTING, INC. COM 63935N107 196.83 18100 SH SOLE 18100
NEIMAN MARCUS GROUP, INC. CL A 640204202 1354.99 48500 SH SOLE 48500
NETWORK EVENT THEATER, INC. COM 640924106 208.25 7000 SH SOLE 7000
NETWORK ASSOCIATES, INC. COM 640938106 17620.75 660250 SH SOLE 660250
NET2PHONE, INC. COM 64108N106 620.16 13500 SH SOLE 13500
NETOPIA, INC. COM 64114K104 1162.29 21400 SH SOLE 21400
NETWORK APPLIANCE, INC. COM 64120L104 1179.49 14200 SH SOLE 14200
NETWORK PLUS CORP. COM 64122D506 856.80 40800 SH SOLE 40800
NEW YORK TIMES CO. CL A 650111107 378.26 7700 SH SOLE 7700
NEWELL RUBBERMAID INC. COM 651229106 403.10 13900 SH SOLE 13900
NEXTEL COMMUNICATIONS, INC. CL A 65332V103 27854.06 270100 SH SOLE 270100
NIKE, INC. CL B 654106103 11240.88 226800 SH SOLE 226800
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
NOBLE AFFILIATES INC. COM 654894104 887.53 41400 SH SOLE 41400
NOKIA OYJ SPONSORED ADR 654902204 65892.00 346800 SH SOLE 346800
NOBLE DRILLING CORP. COM 655042109 749.97 22900 SH SOLE 22900
NORFOLK SOUTHERN CORP. COM 655844108 373.10 18200 SH SOLE 18200
NORTEL NETWORKS CORP. COM 656569100 29916.20 296200 SH SOLE 296200
NORTH FORK BANCORPORATION, INC COM 659424105 890.75 50900 SH SOLE 50900
NORTHERN TRUST CORP. COM 665859104 1656.78 31260 SH SOLE 31260
NOVA CORPORATION COM 669784100 3119.62 98838 SH SOLE 98838
NOVELL INC. COM 670006105 635.01 15900 SH SOLE 15900
NOVELLUS SYSTEMS INC. COM 670008101 3846.24 31390 SH SOLE 31390
NUCOR CORP. COM 670346105 9329.17 170200 SH SOLE 170200
OCCIDENTAL PETROLEUM CORP. COM 674599105 713.62 33000 SH SOLE 33000
OCEANEERING INT'L INC. COM 675232102 817.10 54700 SH SOLE 54700
OFFICE DEPOT, INC. LYON SUB ZERO 07 676220AA4 2959.44 4560000 PRN SOLE 0
OMNICARE, INC. COM 681904108 1623.60 135300 SH SOLE 135300
OMNICOM GROUP INC. COM 681919106 35586.00 355860 SH SOLE 355860
1-800-FLOWERS.COM, INC. CLA 68243Q106 526.91 49300 SH SOLE 49300
ORACLE CORP. COM 68389X105 75799.41 676400 SH SOLE 676400
ORBITAL SCIENCES CORP. COM 685564106 783.35 42200 SH SOLE 42200
O'REILLY AUTOMOTIVE INC. COM 686091109 1973.70 91800 SH SOLE 91800
OUTBACK STEAKHOUSE, INC. COM 689899102 1060.34 40880 SH SOLE 40880
OWENS-ILLINOIS, INC. PFD CONV $.01 690768502 1875.00 60000 SH SOLE 60000
OXFORD HEALTH PLANS, INC. COM 691471106 7592.49 598400 SH SOLE 598400
PECO ENERGY CO. COM 693304107 364.87 10500 SH SOLE 10500
PG&E CORP. COM 69331C108 369.00 18000 SH SOLE 18000
PE CORP. - PE BIOSYSTEMS GROUP COM PE BIO GRP 69332S102 589.53 4900 SH SOLE 4900
PF CHANG'S CHINA BISTRO, INC. COM 69333Y108 624.36 25100 SH SOLE 25100
PMC-SIERRA, INC. COM 69344F106 17858.86 111400 SH SOLE 111400
PMI GROUP INC. (THE) COM 69344M101 678.50 13900 SH SOLE 13900
PNC FINANCIAL CORP. COM 693475105 645.25 14500 SH SOLE 14500
PPG INDUSTRIES INC. COM 693506107 538.04 8600 SH SOLE 8600
PRI AUTOMATION, INC. COM 69357H106 1114.27 16600 SH SOLE 16600
PSS WORLD MEDICAL, INC. COM 69366A100 787.12 83400 SH SOLE 83400
PACIFIC CENTURY FINANCIAL CORP COM 694058108 485.88 26000 SH SOLE 26000
PACIFIC SUNWEAR OF CALIFORNIA COM 694873100 1728.42 54225 SH SOLE 54225
PAINEWEBBER GROUP INC. COM 695629105 256.16 6600 SH SOLE 6600
PAIRGAIN TECHNOLOGIES INC. COM 695934109 280.92 19800 SH SOLE 19800
PANAMSAT CORP. COM 697933109 849.06 14300 SH SOLE 14300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PAPA JOHN'S INT'L, INC. COM 698813102 989.09 37950 SH SOLE 37950
PARAMETRIC TECHNOLOGY CO. COM 699173100 3997.20 147700 SH SOLE 147700
PARKER-HANNIFIN CORP. COM 701094104 282.22 5500 SH SOLE 5500
PATTERSON DENTAL CO. COM 703412106 1236.12 29000 SH SOLE 29000
PAYCHEX INC. COM 704326107 748.80 18720 SH SOLE 18720
PEGASUS COMMUNICATIONS CORP. CL A 705904100 1260.97 12900 SH SOLE 12900
PEGASUS SYSTEMS, INC. COM 705906105 1905.89 31600 SH SOLE 31600
PENNEY (J.C.) CO. INC. COM 708160106 247.23 12400 SH SOLE 12400
PENTAIR, INC. COM 709631105 612.15 15900 SH SOLE 15900
PEOPLES HERITAGE FINANCIAL COM 711147108 641.68 42600 SH SOLE 42600
PEOPLESOFT INC. COM 712713106 6828.68 320400 SH SOLE 320400
PEPSICO, INC. COM 713448108 13691.10 388400 SH SOLE 388400
PEREGRINE SYSTEMS, INC. COM 71366Q101 14362.47 170600 SH SOLE 170600
PERKINELMER, INC. COM 714046109 579.46 13900 SH SOLE 13900
PETSMART INC. COM 716768106 4918.55 855400 SH SOLE 855400
PHARMACIA & UPJOHN, INC. COM 716941109 10692.00 237600 SH SOLE 237600
PFIZER INC. COM 717081103 36405.16 1122300 SH SOLE 1122300
PHILLIPS PETROLEUM CO. COM 718507106 535.80 11400 SH SOLE 11400
PHYMATRIX CORP. SB DB CV 144A 03 718925AA8 540.00 2000000 PRN SOLE 0
PINNACLE HOLDINGS INC. COM 72346N101 1105.98 26100 SH SOLE 26100
PINNACLE SYSTEMS, INC. COM 723481107 2091.36 51400 SH SOLE 51400
PITNEY BOWES, INC. COM 724479100 608.74 12600 SH SOLE 12600
PLEXUS CORP. COM 729132100 2046.00 46500 SH SOLE 46500
POLYCOM INC. COM 73172K104 2579.36 40500 SH SOLE 40500
POWER INTEGRATIONS, INC. COM 739276103 1375.82 28700 SH SOLE 28700
POWERWAVE TECHNOLOGIES, INC. COM 739363109 1319.27 22600 SH SOLE 22600
PRAXAIR INC. COM 74005P104 367.28 7300 SH SOLE 7300
PRE-PAID LEGAL SERVICES, INC. COM 740065107 835.20 34800 SH SOLE 34800
PREMIER PARKS INC. COM NEW 740540208 9710.66 336300 SH SOLE 336300
PREVIEW TRAVEL, INC. CL A 74137R101 317.96 6100 SH SOLE 6100
PRICE COMMUNICATIONS CORP. COM NEW 741437305 4418.59 158868 SH SOLE 158868
PRIMUS TELECOMM GROUP, INC. COM 741929103 12228.52 319700 SH SOLE 319700
PRIORITY HEALTHCARE CORP. CL B 74264T102 1305.10 45100 SH SOLE 45100
PROCTER & GAMBLE CO. COM 742718109 35016.33 319600 SH SOLE 319600
PROFESSIONAL STAFF PLC SPONSORED ADR 74315R105 612.15 111300 SH SOLE 111300
PROFIT RECOVERY GROUP INT'L COM 743168106 340.00 12800 SH SOLE 12800
PROGRESS SOFTWARE CORP. COM 743312100 1146.35 20200 SH SOLE 20200
PROGRESSIVE CORP. COM 743315103 234.00 3200 SH SOLE 3200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PROLOGIS TRUST PFD CV SBI B 743410300 2846.25 115000 SH SOLE 115000
PROTECTION ONE ALARM MONITOR SRSBNTCV 6.75%03 743659AL8 2304.00 4800000 PRN SOLE 0
PROTECTION LIFE CORP. COM 743674103 1068.91 33600 SH SOLE 33600
PROTEIN DESIGN LABS, INC. COM 74369L103 616.00 8800 SH SOLE 8800
PROVIDENT BANKSHARES CORP. COM 743859100 1481.87 85593 SH SOLE 85593
PROVIDIAN FINANCIAL CORP. COM 74406A102 21580.10 236980 SH SOLE 236980
PROXICOM, INC. COM 744282104 1392.30 11200 SH SOLE 11200
PROXIM, INC. COM 744284100 4697.00 42700 SH SOLE 42700
PSINET INC. COM 74437C101 920.07 14900 SH SOLE 14900
PSINET INC. PFD C CV 6 3/4 74437C309 2977.12 51000 SH SOLE 51000
PUBLIC SERVICE ENTERPRISE GRP COM 744573106 365.53 10500 SH SOLE 10500
PULTE CORP. COM 745867101 6014.25 267300 SH SOLE 267300
QRS CORP. COM 74726X105 4341.75 41350 SH SOLE 41350
QLOGIC CORP. COM 747277101 4956.12 31000 SH SOLE 31000
QUAKER OATS CO. COM 747402105 393.75 6000 SH SOLE 6000
QUALCOMM, INC. COM 747525103 7326.80 41600 SH SOLE 41600
QUANTA SERVICES, INC. COM 74762E102 1361.65 48200 SH SOLE 48200
QUIKSILVER, INC. COM 74838C106 1078.80 69600 SH SOLE 69600
QWEST COMMUNICATIONS INT'L INC COM 749121109 20257.30 471100 SH SOLE 471100
RSA SECURITY INC. COM 749719100 5983.00 77200 SH SOLE 77200
RF MICRO DEVICES, INC. COM 749941100 1047.10 15300 SH SOLE 15300
RADIAN GROUP INC. COM 750236101 2485.76 52058 SH SOLE 52058
RALSTON-RALSTON PURINA GROUP COM 751277302 432.06 15500 SH SOLE 15500
RARE HOSPITALITY INT'L, INC. COM 753820109 577.81 26700 SH SOLE 26700
RATIONAL SOFTWARE CORP. COM NEW 75409P202 21330.07 434200 SH SOLE 434200
RAYOVAC CORP. COM 755081106 679.50 36000 SH SOLE 36000
RAYTHEON CO. CL B 755111408 422.35 15900 SH SOLE 15900
RAZORFISH INC. CL A 755236106 894.17 9400 SH SOLE 9400
READERS DIGEST ASSOCIATION INC CL A NON VTG 755267101 8011.57 273900 SH SOLE 273900
REALNETWORKS, INC. COM 75605L104 5137.36 42700 SH SOLE 42700
REGIONS FINANCIAL CORP. COM 758940100 261.30 10400 SH SOLE 10400
RELIANT ENERGY, INC. COM 75952J108 315.67 13800 SH SOLE 13800
REMEDY CORP. COM 759548100 2335.58 49300 SH SOLE 49300
RENAL CARE GROUP, INC. COM 759930100 1252.90 53600 SH SOLE 53600
RENT-WAY, INC. COM 76009U104 717.61 38400 SH SOLE 38400
REPUBLIC NEW YORK CORP. COM 760719104 352.80 4900 SH SOLE 4900
REPUBLIC SERVICES, INC. CL A 760759100 6394.00 444800 SH SOLE 444800
RESMED INC. COM 761152107 910.15 21800 SH SOLE 21800
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
RITE AID CORP. COM 767754104 134.61 12100 SH SOLE 12100
ROCKWELL INT'L CORP. COM 773903109 426.08 8900 SH SOLE 8900
ROHM & HAAS CO. COM 775371107 439.43 10800 SH SOLE 10800
ROMAC INT'L, INC. COM 775835101 344.01 25600 SH SOLE 25600
ROSLYN BANCORP, INC. COM 778162107 525.40 28400 SH SOLE 28400
ROSS STORES INC. COM 778296103 6610.15 368500 SH SOLE 368500
ROUSE CO. PFD CONV SER B 779273309 1337.62 41000 SH SOLE 41000
ROYAL DUTCH PETROLEUM CO. NY REG GLD 1.25 780257804 18753.91 310300 SH SOLE 310300
SBC COMMUNICATIONS INC. COM 78387G103 33494.56 687068 SH SOLE 687068
SCI SYSTEMS, INC. COM 783890106 1651.97 20100 SH SOLE 20100
SCP POOL CORP. COM 784028102 407.22 15700 SH SOLE 15700
SDL, INC. COM 784076101 1569.60 7200 SH SOLE 7200
SFX ENTERTAINMENT, INC. CL A 784178105 1675.50 46300 SH SOLE 46300
SLM HOLDING CORP. COM 78442A109 3553.09 84097 SH SOLE 84097
S&P DEPOSITARY RECEIPTS UNIT SER 1 78462F103 24234.37 165000 SH SOLE 165000
SPX CORP. COM 784635104 11475.44 142000 SH SOLE 142000
S3 INC. COM 784849101 1053.38 91100 SH SOLE 91100
SAFEWAY INC. COM NEW 786514208 15348.99 431600 SH SOLE 431600
ST. PAUL CAPITAL L.L.C. PFD MIPS 6% 792856205 3000.00 50000 SH SOLE 50000
ST. PAUL COMPANIES INC. COM 792860108 373.93 11100 SH SOLE 11100
SANMINA CORP. COM 800907107 29043.65 290800 SH SOLE 290800
SAP AG SPONSORED ADR 803054204 7783.41 149500 SH SOLE 149500
SAPIENT CORP. COM 803062108 754.01 5350 SH SOLE 5350
SARA LEE CORP. COM 803111103 953.12 43200 SH SOLE 43200
SAWTEK INC. COM 805468105 805.41 12100 SH SOLE 12100
SCHERING PLOUGH CORP. COM 806605101 15748.78 373300 SH SOLE 373300
SCHLUMBERGER LTD. COM 806857108 16441.87 292300 SH SOLE 292300
SCHOLASTIC CORP. COM 807066105 827.10 13300 SH SOLE 13300
SCHWAB (CHARLES) CORP. COM 808513105 1473.60 38400 SH SOLE 38400
SCIENTIFIC-ATLANTA INC. COM 808655104 10680.00 192000 SH SOLE 192000
SCIQUEST.COM, INC. COM 80908Q107 13538.85 170300 SH SOLE 170300
SEAGATE TECHNOLOGY INC. COM 811804103 512.19 11000 SH SOLE 11000
SEARS, ROEBUCK AND CO. COM 812387108 547.88 18000 SH SOLE 18000
SEMTECH CORP. COM 816850101 3117.07 59800 SH SOLE 59800
SEMPRA ENERGY COM 816851109 213.71 12300 SH SOLE 12300
SEROLOGICALS CORP. COM 817523103 624.12 104020 SH SOLE 104020
SHAW INDUSTRIES, INC. COM 820286102 328.82 21300 SH SOLE 21300
SHIRE PHARMACEUTICALS GROUP SPONSORED ADR 82481R106 2425.20 83269 SH SOLE 83269
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SIEBEL SYSTEMS, INC. COM 826170102 1337.28 15920 SH SOLE 15920
SILICON VALLEY GROUP, INC. COM 827066101 1767.90 99600 SH SOLE 99600
SIMPSON MANUFACTURING CO. COM 829073105 1015.00 23200 SH SOLE 23200
SINCLAIR BROADCAST GROUP, INC. PFD CV EXCH D 829226505 1595.36 45500 SH SOLE 45500
SMITH INT'L, INC. COM 832110100 13146.94 264590 SH SOLE 264590
SMITHFIELD FOODS, INC. COM 832248108 844.08 35170 SH SOLE 35170
SOLECTRON CORP. COM 834182107 5406.90 56840 SH SOLE 56840
SONIC CORP. COM 835451105 969.00 34000 SH SOLE 34000
SOUTHDOWN, INC. COM 841297104 278.77 5400 SH SOLE 5400
SOUTHERN CO. COM 842587107 780.20 33200 SH SOLE 33200
SOUTHTRUST CORP. COM 844730101 956.66 25300 SH SOLE 25300
SOUTHWEST AIRLINES CO. COM 844741108 396.20 24475 SH SOLE 24475
SPECTRIAN CORP. COM 847608106 1550.92 54900 SH SOLE 54900
SPEEDFAM-IPEC, INC. COM 847705100 5378.32 415700 SH SOLE 415700
SPRINT CORP. COM 852061100 19002.45 282300 SH SOLE 282300
SPRINT CORP. DECS EXCH 2000 852061407 2227.50 30000 SH SOLE 30000
SPRINT CORP. PCS COM SER 1 852061506 6098.75 59500 SH SOLE 59500
STAPLES INC. COM 855030102 3106.37 149705 SH SOLE 149705
STAR GAS PARTNERS, L.P. UNIT LTD PARTNR 85512C105 1703.89 128596 SH SOLE 128596
STATE STREET CORP. COM 857477103 12274.58 168000 SH SOLE 168000
STEEL DYNAMICS, INC. COM 858119100 686.92 43100 SH SOLE 43100
STEINWAY MUSICAL INSTRUMENTS COM ORD 858495104 1018.57 50300 SH SOLE 50300
STERLING COMMERCE, INC. COM 859205106 498.44 14633 SH SOLE 14633
STMICROELECTRONICS N.V. SUB LYON ZERO 09 861012AB8 3420.00 2500000 PRN SOLE 0
STRYKER CORP. COM 863667101 1462.12 21000 SH SOLE 21000
SUIZA FOODS CORP. COM 865077101 907.41 22900 SH SOLE 22900
SUMMIT BANCORP COM 866005101 606.68 19810 SH SOLE 19810
SUN MICROSYSTEMS INC. COM 866810104 80815.84 1043620 SH SOLE 1043620
SUNGARD DATA SYSTEMS INC. COM 867363103 1169.21 49230 SH SOLE 49230
SUNTERRA CORP. COM 86787D109 1138.50 99000 SH SOLE 99000
SUNTRUST BANKS INC. COM 867914103 1018.43 14800 SH SOLE 14800
SWIFT TRANSPORTATION CO. INC. COM 870756103 1261.95 71600 SH SOLE 71600
SYBRON CORP. COM 87114F106 1760.25 71300 SH SOLE 71300
SYKES ENTERPRISES, INC. COM 871237103 2693.92 61400 SH SOLE 61400
SYMANTEC CORP. COM 871503108 15600.11 266100 SH SOLE 266100
SYMBOL TECHNOLOGIES, INC. COM 871508107 3727.01 58635 SH SOLE 58635
SYNOPSYS INC. COM 871607107 2806.17 42040 SH SOLE 42040
SYNOVUS FINANCIAL CORP. COM 87161C105 248.43 12500 SH SOLE 12500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SYSCO CORP. COM 871829107 621.13 15700 SH SOLE 15700
TCF FINANCIAL CORP. COM 872275102 570.38 22930 SH SOLE 22930
TJX COMPANIES INC. COM 872540109 1697.78 83070 SH SOLE 83070
TLC LASER EYE CENTERS INC. COM 87255E108 342.25 26200 SH SOLE 26200
TRW INC. COM 872649108 306.43 5900 SH SOLE 5900
TSI INTL' SOFTWARE LTD. COM 872879101 215.17 3800 SH SOLE 3800
TMP WORLDWIDE INC. COM 872941109 1363.20 9600 SH SOLE 9600
TALK CITY COMMUNITIES ONLINE COM 874263106 956.17 36600 SH SOLE 36600
TANDY CORP. COM 875382103 5946.82 120900 SH SOLE 120900
TECH DATA CORP. COM 878237106 1063.30 39200 SH SOLE 39200
TECHNE CORP. COM 878377100 1492.20 27100 SH SOLE 27100
TEKELEC COM 879101103 5586.75 248300 SH SOLE 248300
TELEBANC FINANCIAL CORP. COM 87925R109 655.20 25200 SH SOLE 25200
TELECOMUNICACOES BRASILEIRAS SPONSORED ADR 879287308 19866.10 154600 SH SOLE 154600
TELLABS, INC. COM 879664100 40566.81 632000 SH SOLE 632000
TEMPLE-INLAND, INC. COM 879868107 11321.55 171700 SH SOLE 171700
TENFOLD CORP. COM 88033A103 3462.62 86700 SH SOLE 86700
TENET HEALTHCARE CORP. COM 88033G100 11994.40 510400 SH SOLE 510400
TERADYNE INC. COM 880770102 2857.80 43300 SH SOLE 43300
TERAYON COMMUNICATION SYSTEMS COM 880775101 445.97 7100 SH SOLE 7100
TEREX CORP. COM 880779103 1248.75 45000 SH SOLE 45000
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 22130.08 308700 SH SOLE 308700
TETRA TECH, INC. COM 88162G103 1560.45 101493 SH SOLE 101493
TEXACO INC. COM 881694103 11541.51 212500 SH SOLE 212500
TEXAS INSTRUMENTS INC. COM 882508104 38110.62 393400 SH SOLE 393400
TEXAS UTILITIES CO. COM 882848104 1362.06 38300 SH SOLE 38300
TEXTRON, INC. COM 883203101 513.80 6700 SH SOLE 6700
THERAGENICS CORP. COM 883375107 1027.20 113340 SH SOLE 113340
3COM CORP. COM 885535104 1743.70 37100 SH SOLE 37100
TIBCO SOFTWARE INC. COM 88632Q103 275.40 1800 SH SOLE 1800
TICKETMASTER ONLINE-CITYSEARCH CL B 88633P203 5162.22 134300 SH SOLE 134300
TIFFANY & CO. COM 886547108 651.52 7300 SH SOLE 7300
TIME WARNER INC. COM 887315109 31256.99 431500 SH SOLE 431500
TIME WARNER TELECOM INC. CL A 887319101 2152.32 43100 SH SOLE 43100
TOPPS CO., INC. (THE) COM 890786106 858.01 82700 SH SOLE 82700
TOSCO CORP. COM NEW 891490302 713.68 26250 SH SOLE 26250
TOTAL RENAL CARE HOLDINGS, INC COM 89151A107 5395.87 806800 SH SOLE 806800
TOTAL RENAL CARE HOLDINGS, INC SB NT CV144A7%09 89151AAA5 2520.00 4000000 PRN SOLE 0
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
TOWER AUTOMOTIVE, INC. COM 891707101 6573.50 425800 SH SOLE 425800
TRANSWITCH CORP. COM 894065101 2351.04 32400 SH SOLE 32400
TREEV, INC. PFD CONV SER A 894692201 1857.40 200800 SH SOLE 200800
TREEV, INC. COM NEW 894692300 87.66 27778 SH SOLE 27778
TRICON GLOBAL RESTAURANTS, INC COM 895953107 278.10 7200 SH SOLE 7200
TRIBUNE CO. COM 896047107 616.70 11200 SH SOLE 11200
TRIGON HEALTHCARE, INC. COM 89618L100 279.36 9470 SH SOLE 9470
TRIUMPH GROUP, INC. COM 896818101 711.12 29400 SH SOLE 29400
TRUE NORTH COMMUNICATIONS INC. COM 897844106 2444.43 54700 SH SOLE 54700
TV AZTECA, S.A. DE C.V. SPONSORED ADR 901145102 1926.90 214100 SH SOLE 214100
TWEETER HOME ENTERTAINMENT GRP COM 901167106 1455.50 41000 SH SOLE 41000
24/7 MEDIA, INC. COM 901314104 5844.37 103900 SH SOLE 103900
TYCO INTERNATIONAL LTD. COM 902124106 55722.02 1433364 SH SOLE 1433364
USX - MARATHON GROUP COM NEW 902905827 9963.33 403570 SH SOLE 403570
US BANCORP COM 902973106 10344.36 434400 SH SOLE 434400
USA NETWORKS, INC. COM 902984103 22442.55 406200 SH SOLE 406200
U.S. FOODSERVICE COM 90331R101 1721.23 102760 SH SOLE 102760
US LEC CORP. CL A 90331S109 422.47 13100 SH SOLE 13100
USX-US STEEL GROUP INC. COM 90337T101 336.60 10200 SH SOLE 10200
UTI ENERGY CORP. COM 903387108 1157.76 50200 SH SOLE 50200
UNILEVER N.V. ADR NY SHS NEW 904784709 1462.96 26874 SH SOLE 26874
UNICOM CORP. COM 904911104 345.05 10300 SH SOLE 10300
UNION CARBIDE CORP. COM 905581104 393.82 5900 SH SOLE 5900
UNION PACIFIC CORP. COM 907818108 488.60 11200 SH SOLE 11200
UNION PLANTERS CORP. COM 908068109 283.95 7200 SH SOLE 7200
UNIONBANCAL CORP. COM 908906100 1206.80 30600 SH SOLE 30600
UNISYS CORP. COM 909214108 10143.50 317600 SH SOLE 317600
UNITED HEALTHCARE CORP. COM 910581107 467.50 8800 SH SOLE 8800
UNITED PARCEL SERVICE, INC. CL B 911312106 6582.60 95400 SH SOLE 95400
U.S. CELLULAR CORP. COM 911684108 2372.04 23500 SH SOLE 23500
U.S. CELLULAR CORP. LYON ZERO 15 911684AA6 8631.00 9000000 PRN SOLE 0
U.S. WEST, INC. COM 91273H101 1663.20 23100 SH SOLE 23100
UNITED TECHNOLOGIES CORP. COM 913017109 1488.50 22900 SH SOLE 22900
UNITEDGLOBALCOM INC. CV PFD 1/20 913247102 5460.00 60000 SH SOLE 60000
UNITEDGLOBALCOM INC. CLA 913247508 9463.75 134000 SH SOLE 134000
UNIVERSAL HEALTH SERVICES, INC CL B 913903100 1605.60 44600 SH SOLE 44600
UNIVISION COMMUNICATIONS INC. CL A 914906102 1635.00 16000 SH SOLE 16000
UNOCAL CORP. COM 915289102 15737.69 468900 SH SOLE 468900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
UNUM CORP. COM 91529Y106 343.07 10700 SH SOLE 10700
USFREIGHTWAYS CORP. COM 916906100 1306.98 27300 SH SOLE 27300
USINTERNETWORKING, INC. COM 917311805 3794.21 54300 SH SOLE 54300
USWEB CORP. COM 917327108 21825.72 491150 SH SOLE 491150
VALASSIS COMMUNICATIONS, INC. COM 918866104 1176.66 27850 SH SOLE 27850
VENTANA MEDICAL SYSTEMS COM 92276H106 385.56 15500 SH SOLE 15500
VERIO INC. COM 923433106 669.72 14500 SH SOLE 14500
VERITAS SOFTWARE CORP. COM 923436109 2919.75 20400 SH SOLE 20400
VERITY COM 92343C106 310.70 7300 SH SOLE 7300
VERISIGN, INC. COM 92343E102 687.37 3600 SH SOLE 3600
VETERINARY CENTERS OF AMERICA COM 925514101 458.35 35600 SH SOLE 35600
VIACOM, INC. CL B 925524308 18874.78 312300 SH SOLE 312300
VIATEL, INC. COM 925529208 7507.50 140000 SH SOLE 140000
VIANT CORP. COM 92553N107 8721.90 88100 SH SOLE 88100
VIGNETTE CORP. COM 926734104 1336.60 8200 SH SOLE 8200
VIROPHARMA INC. COM 928241108 921.30 24900 SH SOLE 24900
VISUAL NETWORKS, INC. COM 928444108 3233.40 40800 SH SOLE 40800
VISX, INC. COM 92844S105 5459.62 105500 SH SOLE 105500
VITESSE SEMICONDUCTOR CORP. COM 928497106 3413.71 65100 SH SOLE 65100
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 8729.32 176350 SH SOLE 176350
VOICESTREAM WIRELESS CORP. COM 928615103 1831.56 12870 SH SOLE 12870
VORNADO REALTY TRUST PFD CONV SER A 929042208 1631.87 35000 SH SOLE 35000
WMX TECHNOLOGIES, INC. SUB NTS CV 2%05 92929QAF4 3581.90 4300000 PRN SOLE 0
WACHOVIA CORP. COM 929771103 625.60 9200 SH SOLE 9200
WADDELL & REED FINANCIAL, INC. CL A 930059100 2593.15 95600 SH SOLE 95600
WAL-MART STORES INC. COM 931142103 76984.51 1113700 SH SOLE 1113700
WALGREEN CO. COM 931422109 1348.42 46100 SH SOLE 46100
WARNER-LAMBERT CO. COM 934488107 42591.37 519800 SH SOLE 519800
WASHINGTON MUTUAL, INC. COM 939322103 720.20 27700 SH SOLE 27700
WASTE MANAGEMENT, INC. COM 94106L109 474.38 27600 SH SOLE 27600
WATERS CORP. COM 941848103 398.56 7520 SH SOLE 7520
WATSCO, INC. COM 942622200 1234.92 106800 SH SOLE 106800
WATSON PHARMACEUTICALS, INC. COM 942683103 10134.36 282980 SH SOLE 282980
WEATHERFORD INT'L, INC. COM 947074100 14451.16 361840 SH SOLE 361840
WEBLINK WIRELESS, INC. CL A 94769A101 2418.00 156000 SH SOLE 156000
WEBTRENDS CORP. COM 94844D104 3175.20 39200 SH SOLE 39200
WELLPOINT HEALTH NETWORKS INC. SB DB CV ZRO 19 94973HAA6 1944.00 3000000 PRN SOLE 0
WELLS FARGO & CO. COM 949746101 18973.50 469200 SH SOLE 469200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
WENDY'S FINANCING I TECONS SER A 950588202 3830.00 80000 SH SOLE 80000
WESLEY JESSEN VISIONCARE, INC. COM 951018100 1363.50 36000 SH SOLE 36000
WESTERN WIRELESS CORP. CL A 95988E204 1419.77 21270 SH SOLE 21270
WESTVACO CORP. COM 961548104 541.57 16600 SH SOLE 16600
WEYERHAEUSER CO. COM 962166104 696.58 9700 SH SOLE 9700
WHIRLPOOL CORP. COM 963320106 253.74 3900 SH SOLE 3900
WHITTMAN-HART, INC. COM 966834103 863.36 16100 SH SOLE 16100
WHOLE FOODS MARKET INC. COM 966837106 1020.25 22000 SH SOLE 22000
WILD OATS MARKETS INC. COM 96808B107 678.95 30600 SH SOLE 30600
WILLAMETTE INDUSTRIES, INC. COM 969133107 5711.87 123000 SH SOLE 123000
WILLIAMS COMPANIES INC. COM 969457100 620.42 20300 SH SOLE 20300
WILLIAMS-SONOMA, INC. COM 969904101 7056.40 153400 SH SOLE 153400
WIND RIVER SYSTEMS, INC. COM 973149107 1779.97 48600 SH SOLE 48600
WINSTAR COMMUNICATIONS, INC. COM 975515107 1384.60 18400 SH SOLE 18400
WM. WRIGLEY JR. CO. COM 982526105 439.57 5300 SH SOLE 5300
XCEED INC. COM 98388N105 402.55 9700 SH SOLE 9700
XILINX INC. COM 983919101 20298.27 446420 SH SOLE 446420
XIRCOM INC. COM 983922105 1207.50 16100 SH SOLE 16100
XEROX CORP. COM 984121103 701.05 30900 SH SOLE 30900
YAHOO! INC. COM 984332106 16788.29 38800 SH SOLE 38800
YOUNG & RUBICAM INC. COM 987425105 21466.96 303420 SH SOLE 303420
YOUNG BROADCASTING INC. CL A 987434107 1377.00 27000 SH SOLE 27000
ZALE CORP. COM 988858106 8368.87 173000 SH SOLE 173000
ZIFF-DAVIS INC. - ZDNET GROUP COM 989511100 2533.24 160200 SH SOLE 160200
ZIONS BANCORP. COM 989701107 929.25 15700 SH SOLE 15700
ZOMAX OPTICAL MEDIA, INC. COM 989929104 1733.07 38300 SH SOLE 38300
LERNOUT & HAUSPIE SPEECH NV COM B5628B104 693.75 15000 SH SOLE 15000
ACE LTD. ORD G0070K103 7132.45 427400 SH SOLE 427400
GLOBAL CROSSING LTD. COM G3921A100 1775.25 35505 SH SOLE 35505
GLOBALSTAR TELECOMMUNICATION COM G3930H104 1386.00 31500 SH SOLE 31500
TOMMY HILFIGER CORP. ORD G8915Z102 296.07 12700 SH SOLE 12700
GALILEO TECHNOLOGY LTD. ORD M47298100 3527.07 146200 SH SOLE 146200
GILAT SATELLITE NETWORKS LTD. ORD M51474100 3372.50 28400 SH SOLE 28400
JACADA LTD. ORD M6184R101 3386.81 121500 SH SOLE 121500
BAAN COMPANY N.V. COM N08044104 6333.65 448400 SH SOLE 448400
ROYAL CARIBBEAN CRUISES LTD. COM V7780T103 478.33 9700 SH SOLE 9700
FLEXTRONICS INT'L LTD. ORD Y2573F102 29495.20 641200 SH SOLE 641200
GRAND TOTAL $6489043
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