UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/00
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: Marlene J. Nogle
Title: Assistant Vice President and Senior Counsel
Phone: (612) 340-8492
Signature, Place, and Date of Signing:
/s/ Marlene J. Nogle Minneapolis, Minnesota 08/01/00
------------------------- ---------------------- -------
[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: 830
Form 13F Information Table Value Total: $6,861,008
(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 57325.96 683469 SH SOLE 683469
ADT OPERATIONS, INC. LYON ZERO CPN 10 000945AC9 6684.60 2600000 PRN SOLE 0
AGCO CORP. COM 001084102 8720.77 711900 SH SOLE 711900
AES (THE) CORP. COM 00130H105 14189.37 311000 SH SOLE 311000
AMFM INC. COM 001693100 19945.83 289070 SH SOLE 289070
AT&T CORP.-LIBERTY MEDIA GROUP COM 001957109 28599.02 904317 SH SOLE 904317
AT&T CORP.-LIBERTY MEDIA GROUP COM LIB GRP A 001957208 42661.37 1759232 SH SOLE 1759232
ATMI, INC. COM 00207R101 3138.75 67500 SH SOLE 67500
AVX CORP. COM 002444107 4404.09 192000 SH SOLE 192000
AXA FINANCIAL, INC. COM 002451102 8126.00 239000 SH SOLE 239000
ABBOTT LABORATORIES COM 002824100 2542.76 57060 SH SOLE 57060
ABERCROMBIE & FITCH CO. CL A 002896207 5204.27 427000 SH SOLE 427000
ABGENIX, INC. COM 00339B107 3427.96 28600 SH SOLE 28600
ACCREDO HEALTH, INC. COM 00437V104 2087.60 60400 SH SOLE 60400
ACTEL CORP. COM 004934105 2482.00 54400 SH SOLE 54400
ACTIVE SOFTWARE, INC. COM 00504E100 5896.51 75900 SH SOLE 75900
ACTUATE CORP. COM 00508B102 1606.58 30100 SH SOLE 30100
ACXIOM CORP. COM 005125109 3643.32 133700 SH SOLE 133700
ADELPHIA BUSINESS SOLUTIONS CL A 006847107 1939.07 83624 SH SOLE 83624
ADELPHIA COMMUNICATIONS CORP. CL A 006848105 375.00 8000 SH SOLE 8000
ADELPHIA COMMUNICATIONS CORP. PFD CV SER D 006848402 2578.50 18000 SH SOLE 18000
ADOBE SYSTEMS INC. COM 00724F101 17381.00 133700 SH SOLE 133700
ADVANCE PARADIGM, INC. COM 007491103 1865.50 91000 SH SOLE 91000
ADVANCED DIGITAL INFO CORP. COM 007525108 908.46 57000 SH SOLE 57000
ADVANCED FIBRE COMMUNICATIONS COM 00754A105 2469.55 54500 SH SOLE 54500
AEROFLEX INC. COM 007768104 670.78 13500 SH SOLE 13500
ADVANCED ENERGY INDUSTRIES COM 007973100 742.61 12600 SH SOLE 12600
ADVENT SOFTWARE, INC. COM 007974108 5708.25 88500 SH SOLE 88500
AFFILIATED COMPUTER SERVICES CL A 008190100 383.53 11600 SH SOLE 11600
AFFILIATED MANGERS GROUP, INC. COM 008252108 2502.50 55000 SH SOLE 55000
AGILENT TECHNOLOGIES, INC. COM 00846U101 18757.87 254344 SH SOLE 254344
AKAMAI TECHNOLOGIES, INC. COM 00971T101 615.27 5182 SH SOLE 5182
ALASKA AIR GROUP COM 011659109 1418.63 52300 SH SOLE 52300
ALBANY MOLECULAR RESEARCH COM 012423109 1785.56 32800 SH SOLE 32800
ALBERTSON'S INC. COM 013104104 519.93 15637 SH SOLE 15637
ALCOA INC. COM 013817101 810.26 27940 SH SOLE 27940
<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 1771.90 37600 SH SOLE 37600
ALLEGIANCE TELECOM, INC. COM 01747T102 960.00 15000 SH SOLE 15000
ALLERGAN, INC. COM 018490102 2458.50 33000 SH SOLE 33000
ALLLSCRIPTS, INC. COM 019886100 570.40 24800 SH SOLE 24800
ALLSTATE CORP. COM 020002101 4754.82 213700 SH SOLE 213700
ALLTEL CORP. COM 020039103 662.11 10690 SH SOLE 10690
ALPHA INDUSTRIES, INC. COM 020753109 2009.27 45600 SH SOLE 45600
ALPHARMA INC. CLA 020813101 2278.35 36600 SH SOLE 36600
ALTERA CORP. COM 021441100 35882.17 352000 SH SOLE 352000
ALTEON WEBSYSTEMS, INC. COM 02145A109 8995.66 89900 SH SOLE 89900
ALZA CORP. COM 022615108 1921.56 32500 SH SOLE 32500
ALZA CORP. SUB LYON ZERO 14 022615AC2 2349.00 3000000 PRN SOLE 0
ALZA CORP. SUB DB CONV 5%06 022615AD0 8935.50 5750000 PRN SOLE 0
AMBAC INC. COM 023139108 3666.98 66900 SH SOLE 66900
AMERICA ONLINE, INC. COM 02364J104 31231.16 592060 SH SOLE 592060
AMERICAN EXPRESS CO. COM 025816109 38243.07 733680 SH SOLE 733680
AMERICAN GENL CAPITAL II COM 026351106 14563.75 238750 SH SOLE 238750
AMERICAN HOME PRODUCTS CORP. COM 026609107 30179.28 513690 SH SOLE 513690
AMERICAN INT'L GROUP INC. COM 026874107 71190.90 605880 SH SOLE 605880
AMERICAN ITALIAN PASTA CO. CL A 027070101 626.84 30300 SH SOLE 30300
AMERICAN MANAGEMENT SYS INC. COM 027352103 1395.19 42500 SH SOLE 42500
AMERICAN POWER CONVERSION CORP COM 029066107 1279.89 31360 SH SOLE 31360
AMERICAN TOWER CORP. CL A 029912201 12593.94 302100 SH SOLE 302100
AMERICAN XTAL TECHNOLOGY, INC. COM 030514103 1388.32 32100 SH SOLE 32100
AMERICREDIT CORP. COM 03060R101 1429.70 84100 SH SOLE 84100
AMERISOURCE HEALTH CORP. CL A 03071P102 2108.00 68000 SH SOLE 68000
AMGEN INC. COM 031162100 27285.10 388400 SH SOLE 388400
AMKOR TECHNOLOGIES, INC. COM 031652100 1380.73 39100 SH SOLE 39100
AMPHENOL CORP. CLA 032095101 2673.99 40400 SH SOLE 40400
ANADIGICS INC. COM 032515108 320.19 9400 SH SOLE 9400
ANALOG DEVICES, INC. COM 032654105 39757.88 523130 SH SOLE 523130
ANAREN MICROWAVE, INC. COM 032744104 1279.53 9750 SH SOLE 9750
ANDREW CORPORATION COM 034425108 2597.77 77400 SH SOLE 77400
ANDRX CORP. COM 034551101 1176.16 18400 SH SOLE 18400
ANTEC CORP. COM 03664P105 3119.30 75050 SH SOLE 75050
APACHE CORP. COM 037411105 15556.03 264500 SH SOLE 264500
APACHE CORP. ACES C DP 1/50 037411600 4398.75 85000 SH SOLE 85000
APARTMENT INVT & MGMT CO. PFD CONV CL K 03748R705 2190.00 80000 SH SOLE 80000
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
APEX INC. COM 037548104 2375.62 54300 SH SOLE 54300
APOLLO GROUP, INC. CL A 037604105 2372.02 84715 SH SOLE 84715
APPLE COMPUTER, INC. COM 037833100 7203.65 137540 SH SOLE 137540
APPLEBEES INT'L INC. COM 037899101 2018.84 66600 SH SOLE 66600
APPLIED MATERIALS INC. COM 038222105 37892.39 418123 SH SOLE 418123
APPLIED MICRO CIRCUITS CORP. COM 03822W109 3574.75 36200 SH SOLE 36200
APPLIED SCIENCE & TECHNOLOGY COM 038236105 3837.26 148300 SH SOLE 148300
ARADIGM CORP. COM 038505103 1860.25 106300 SH SOLE 106300
ARCH COMMUNICATIONS GROUP INC. COM 039381504 357.50 55000 SH SOLE 55000
ARIBA, INC. COM 04033V104 6333.83 64600 SH SOLE 64600
ARROW ELECTRONICS INC. COM 042735100 3918.40 126400 SH SOLE 126400
ART TECHNOLOGY GROUP, INC. COM 04289L107 979.09 9700 SH SOLE 9700
ARTESYN TECHNOLOGIES, INC. COM 043127109 1977.50 71100 SH SOLE 71100
ARTHROCARE CORPORATION COM 043136100 846.67 15900 SH SOLE 15900
ASPEN TECHNOLOGY INC. COM 045327103 562.10 14600 SH SOLE 14600
ASSOCIATED BANC-CORP. COM 045487105 362.09 16600 SH SOLE 16600
EXCITE AT HOME CORP. COM SER A 045919107 5602.50 270000 SH SOLE 270000
ASSOCIATES FIRST CAPITAL CORP CL A 046008108 588.61 26380 SH SOLE 26380
ASTROPOWER, INC. COM 04644A101 1003.62 37000 SH SOLE 37000
ASYST TECHNOLOGIES, INC. COM 04648X107 1253.55 36600 SH SOLE 36600
ATLAS AIR, INC. COM 049164106 674.45 18800 SH SOLE 18800
ATMEL CORP. COM 049513104 508.87 13800 SH SOLE 13800
AURORA BIOSCIENCES CORP. COM 051920106 1016.00 14900 SH SOLE 14900
AUTOMATIC DATA PROCESSING INC. COM 053015103 17088.20 319030 SH SOLE 319030
AVNET INC. COM 053807103 1167.22 19700 SH SOLE 19700
AWARE, INC. COM 05453N100 3261.77 63800 SH SOLE 63800
BISYS (THE) GROUP, INC. COM 055472104 2712.15 44100 SH SOLE 44100
BJ SERVICES CO. COM 055482103 4628.75 74060 SH SOLE 74060
BJ'S WHOLESALE CLUB, INC. COM 05548J106 1642.74 49780 SH SOLE 49780
BP AMOCO PLC SPONSORED ADR 055622104 1391.44 24600 SH SOLE 24600
BAKER HUGHES INC. COM 057224107 3187.20 99600 SH SOLE 99600
BANK OF AMERICA CORP. COM 060505104 14311.47 332825 SH SOLE 332825
BANK OF NEW YORK CO. COM 064057102 30279.87 651180 SH SOLE 651180
BANK ONE CORP. COM 06423A103 1162.92 43780 SH SOLE 43780
BANK UNITED CORP. COM 065412108 10141.18 288200 SH SOLE 288200
BANKNORTH GROUP, INC. COM 06646R107 1731.90 113100 SH SOLE 113100
BARRETT RESOURCES CORP. COM PAR $0.01 068480201 1193.16 39200 SH SOLE 39200
BAXTER INTERNATIONAL INC. COM 071813109 17344.10 246670 SH SOLE 246670
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
BEA SYSTEMS, INC. COM 073325102 17026.44 344400 SH SOLE 344400
BECTON, DICKINSON AND CO. COM 075887109 6457.66 225100 SH SOLE 225100
BED, BATH & BEYOND INC. COM 075896100 902.62 24900 SH SOLE 24900
BELL ATLANTIC CORP. COM 077853109 16423.26 323210 SH SOLE 323210
BELLSOUTH CORP. COM 079860102 8985.77 210810 SH SOLE 210810
BENCHMARK ELECTRONICS INC. COM 08160H101 1539.30 42100 SH SOLE 42100
BEST BUY CO. INC. COM 086516101 9228.17 145900 SH SOLE 145900
BESTFOODS COM 08658U101 762.44 11010 SH SOLE 11010
BIOGEN, INC. COM 090597105 21272.10 329800 SH SOLE 329800
BIOMATRIX, INC. COM 09060P102 1461.57 64600 SH SOLE 64600
BIOMET INC. COM 090613100 12893.25 335430 SH SOLE 335430
BIOVAIL CORP. COM 09067J109 11459.03 206700 SH SOLE 206700
BIOVAIL CORP. PFD EQ SDDB CV 09067J208 3247.50 60000 SH SOLE 60000
BLACK BOX CORP. COM 091826107 2383.07 30100 SH SOLE 30100
BOEING CO. COM 097023105 13759.40 329070 SH SOLE 329070
BOISE CASCADE CORP. COM 097383103 4543.65 175600 SH SOLE 175600
BOLDER TECHNOLOGIES CORP. COM 097519102 174.96 22946 SH SOLE 22946
BOWATER INC. COM 102183100 8431.84 191090 SH SOLE 191090
BRIGHT HORIZON FAMILY SOLUTION COM 109195107 226.57 10600 SH SOLE 10600
BRISTOL MYERS SQUIBB CO. COM 110122108 28790.06 494250 SH SOLE 494250
BROADBASE SOFTWARE, INC. COM 11130R100 2171.31 70900 SH SOLE 70900
BROADCOM CORP. CL A 111320107 3984.67 18200 SH SOLE 18200
BROADVISION, INC. COM 111412102 11178.86 220000 SH SOLE 220000
BROADWING INC. COM 111620100 3537.94 136400 SH SOLE 136400
BROOKS AUTOMATION, INC. COM 11434A100 1061.37 16600 SH SOLE 16600
BURLINGTON NORTHERN SANTA FE COM 12189T104 388.11 16920 SH SOLE 16920
BURR-BROWN CORP. COM 122574106 4236.87 48875 SH SOLE 48875
BUSINESS OBJECTS S.A. SPONSORED ADR 12328X107 1621.50 18400 SH SOLE 18400
C-COR ELECTRONICS COM 125010108 380.70 14100 SH SOLE 14100
CDW COMPUTER CENTERS, INC. COM 125129106 1837.50 29400 SH SOLE 29400
C.H. ROBINSON WORLDWIDE, INC. COM 12541W100 2227.50 45000 SH SOLE 45000
CIGNA CORP. COM 125509109 16647.67 178050 SH SOLE 178050
CMGI INC. COM 125750109 3756.66 82000 SH SOLE 82000
CMS ENERGY CORP. COM 125896100 453.56 20500 SH SOLE 20500
CSG SYSTEMS INT'L, INC. COM 126349109 4742.92 84600 SH SOLE 84600
CTS CORP. COM 126501105 459.00 10200 SH SOLE 10200
CVS CORP. COM 126650100 17670.80 441770 SH SOLE 441770
CABLE & WIRELESS PLC SPONSORED ADR 126830207 7244.11 144700 SH SOLE 144700
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CABLEVISION SYSTEMS CORP. CL A 12686C109 16656.52 245400 SH SOLE 245400
CABLETRON SYSTEM INC. COM 126920107 5514.60 218400 SH SOLE 218400
CABLE DESIGN TECHNOLOGIES CORP COM 126924109 3688.35 110100 SH SOLE 110100
CACHEFLOW INC. COM 126946102 560.22 9100 SH SOLE 9100
CAL DIVE INTL', INC. COM 127914109 3029.10 55900 SH SOLE 55900
CALPINE CORP. COM 131347106 2472.20 37600 SH SOLE 37600
CAMPBELL SOUP CO. COM 134429109 497.45 17080 SH SOLE 17080
CAPROCK COMMUNICATIONS CORP. COM 140667106 676.65 34700 SH SOLE 34700
CAPSTAR HOTEL CO. SUB NT CV4.75%04 140918AC7 4128.70 5300000 PRN SOLE 0
CARDINAL HEALTH, INC. COM 14149Y108 766.64 10360 SH SOLE 10360
CARNIVAL CORP. COM 143658102 2431.06 124670 SH SOLE 124670
CARRIER ACCESS CORP. COM 144460102 1491.07 28200 SH SOLE 28200
CATALINA MARKETING CORP. COM 148867104 591.60 5800 SH SOLE 5800
CATALYTICA, INC. COM 148885106 279.40 25400 SH SOLE 25400
CATERPILLAR INC. COM 149123101 438.68 12950 SH SOLE 12950
CELGENE CORP. COM 151020104 1277.58 21700 SH SOLE 21700
CENDANT CORP. COM 151313103 15115.98 1079713 SH SOLE 1079713
CENDANT CORP. RT PUR PRIDES 151313111 2172.78 257500 SH SOLE 257500
CENDANT CORP. COM 151313301 3588.75 165000 SH SOLE 165000
CENTOCOR, INC. SB DB CV 4.75%05 152342AE1 4047.00 3000000 PRN SOLE 0
CENTURY MAINTENANCE SUPPLY COM 156616401 2129.48 29022 SH SOLE 29022
CENTURYTEL INC. COM 156700106 776.53 27010 SH SOLE 27010
CEPHALON, INC. COM 156708109 2574.62 43000 SH SOLE 43000
CERNER CORP. COM 156782104 1542.35 56600 SH SOLE 56600
CHARTER COMMUNICATIONS, INC. CL A 16117M107 6422.32 390700 SH SOLE 390700
CHASE MANHATTAN CORP. COM 16161A108 28110.40 610260 SH SOLE 610260
CHEVRON CORP. COM 166751107 2087.24 24610 SH SOLE 24610
CHEVY CHASE PFD CAPTL CORP PFD A EXCH% 16678M207 5355.00 105000 SH SOLE 105000
CHIRON CORP. COM 170040109 1363.25 28700 SH SOLE 28700
CIENA CORP. COM 171779101 41021.91 246100 SH SOLE 246100
CIRCUIT CITY STORES, INC. CIR CITY GRP 172737108 9229.91 278110 SH SOLE 278110
CISCO SYSTEMS, INC. COM 17275R102 177174.8 2787390 SH SOLE 2787390
CITADEL COMMUNICATIONS CORP. COM 172853202 793.09 22700 SH SOLE 22700
CINTAS CORP. COM 172908105 1573.91 42900 SH SOLE 42900
CITIGROUP INC. COM 172967101 101756.0 1688897 SH SOLE 1688897
CITIZENS UTILITIES TRUST PFD EPPICS CV 177351202 2021.25 30000 SH SOLE 30000
CITRIX SYSTEMS, INC. COM 177376100 2948.26 155680 SH SOLE 155680
CITY NATIONAL CORP. COM 178566105 3362.06 96750 SH SOLE 96750
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CLEAR CHANNEL COMMUNICATIONS COM 184502102 26943.00 359240 SH SOLE 359240
COASTAL CORP. COM 190441105 2613.97 42940 SH SOLE 42940
COCA-COLA CO. COM 191216100 26590.34 462940 SH SOLE 462940
COGNEX CORP. COM 192422103 740.02 14300 SH SOLE 14300
COGNIZANT TECH SOLUTIONS CORP. CL A 192446102 1427.08 43000 SH SOLE 43000
COGNOS, INC. COM 19244C109 3359.65 81200 SH SOLE 81200
COHERENT, INC. COM 192479103 1107.15 13200 SH SOLE 13200
COHU, INC. COM 192576106 1024.82 38000 SH SOLE 38000
KENNETH COLE PRODUCTIONS, INC. COM 193294105 2568.00 64200 SH SOLE 64200
COLGATE-PALMOLIVE CO. COM 194162103 2810.53 46940 SH SOLE 46940
COMCAST CORP. CL A SPL 200300200 24958.12 616250 SH SOLE 616250
COMDISCO, INC. COM 200336105 477.49 21400 SH SOLE 21400
COMMSCOPE, INC. COM 203372107 2554.30 62300 SH SOLE 62300
COMMUNITY FIRST BANKSHARES INC COM 203902101 1481.22 90800 SH SOLE 90800
COMPAQ COMPUTER CORP. COM 204493100 9065.40 354630 SH SOLE 354630
COMPASS BANCSHARES, INC. COM 20449H109 3918.51 229650 SH SOLE 229650
COMPUTER ASSOCIATES INT'L INC. COM 204912109 10872.33 212400 SH SOLE 212400
COMPUTER SCIENCES CORP. COM 205363104 8410.61 112610 SH SOLE 112610
COMVERSE TECHNOLOGY, INC. COM PAR $0.10 205862402 31099.20 334400 SH SOLE 334400
CONAGRA, INC. COM 205887102 7116.21 373300 SH SOLE 373300
CONCORD COMMUNICATIONS, INC. COM 206186108 1299.92 32600 SH SOLE 32600
CONCORD EFS, INC. COM 206197105 12878.45 495325 SH SOLE 495325
CONEXANT SYSTEMS, INC. COM 207142100 1390.67 28600 SH SOLE 28600
CONOCO INC. CLB 208251405 588.60 23963 SH SOLE 23963
CONVERGENT COMMUNICATIONS INC. COM 211914403 284.04 35505 SH SOLE 35505
CONVERGYS CORP. COM 212485106 3454.87 66600 SH SOLE 66600
COOPER CAMERON CORP. COM 216640102 1075.80 16300 SH SOLE 16300
COPART, INC. COM 217204106 2824.00 176500 SH SOLE 176500
COPPER MOUNTAI N NETWORKS, INC COM 217510106 1929.93 21900 SH SOLE 21900
CORNING INC. COM 219350105 51341.02 190240 SH SOLE 190240
CORPORATE EXECUTIVE BOARD CO. COM 21988R102 2442.90 40800 SH SOLE 40800
COST PLUS, INC. COM 221485105 570.89 19900 SH SOLE 19900
COSTCO WHOLESALE CORP. COM 22160K105 550.11 16670 SH SOLE 16670
COSTCO COMPANIES, INC. SB CV ZERO144A17 22160QAA0 4518.05 5450000 PRN SOLE 0
COSTCO COMPANIES, INC. SB NT CV ZERO17 22160QAC6 3564.70 4300000 PRN SOLE 0
COVAD COMMUNICATION GROUP INC. COM 222814204 4894.74 303550 SH SOLE 303550
COX RADIO, INC. CL A 224051102 3796.80 135600 SH SOLE 135600
CREDENCE SYSTEMS CORP. COM 225302108 16898.56 306200 SH SOLE 306200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CREE, INC. COM 225447101 1361.70 10200 SH SOLE 10200
CRITICAL PATH, INC. COM 22674V100 868.86 14900 SH SOLE 14900
CROWN CASTLE INT'L CORP. COM 228227104 2328.70 63800 SH SOLE 63800
CUBIST PHARMACEUTICALS, INC. COM 229678107 1679.42 34100 SH SOLE 34100
CULLEN/FROST BANKERS, INC. COM 229899109 1502.47 57100 SH SOLE 57100
CURAGEN CORP. COM 23126R101 2702.47 71000 SH SOLE 71000
CYBEX COMPUTER PRODUCTS CORP. COM 232522102 2137.10 49700 SH SOLE 49700
CYMER, INC. COM 232572107 2210.82 46300 SH SOLE 46300
CYPRESS SEMICONDUCTOR CORP. COM 232806109 1090.05 25800 SH SOLE 25800
CYSIVE, INC. COM 23281T108 685.21 28700 SH SOLE 28700
CYTEC INDUSTRIES INC. COM 232820100 614.73 24900 SH SOLE 24900
CYTYC CORP. COM 232946103 3095.75 58000 SH SOLE 58000
DQE, INC. COM 23329J104 1303.50 33000 SH SOLE 33000
DST SYSTEMS, INC. COM 233326107 1773.71 23300 SH SOLE 23300
DALLAS SEMICONDUCTOR CORP. COM 235204104 1866.35 45800 SH SOLE 45800
DANAHER CORP. COM 235851102 524.04 10600 SH SOLE 10600
DARDEN RESTAURANTS INC. COM 237194105 1149.52 70740 SH SOLE 70740
DEERE & CO. COM 244199105 340.03 9190 SH SOLE 9190
DELL COMPUTER CORP. COM 247025109 51012.81 1034470 SH SOLE 1034470
DELTA AIR LINES COM 247361108 4934.94 97600 SH SOLE 97600
DENDRITE INTERNATIONAL, INC. COM 248239105 1017.71 30550 SH SOLE 30550
DEUTSCHE TELEKOM SPONSORED ADR 251566105 1821.67 32100 SH SOLE 32100
DEVON ENERGY CORP. COM 25179M103 2236.28 39800 SH SOLE 39800
DEVRY, INC. COM 251893103 695.31 26300 SH SOLE 26300
DIAMOND OFFSHORE DRILLING COM 25271C102 10291.62 293000 SH SOLE 293000
DIAMOND OFFSHORE DRILLING SB NT CV 3.75%07 25271CAA0 6228.00 6000000 PRN SOLE 0
DIAMOND OFFSHORE DRILLING DEB ZRO CV144A20 25271CAB8 2320.00 5000000 PRN SOLE 0
DIAMOND TECH PARTNERS INC. CL A 252762109 4862.00 55250 SH SOLE 55250
DIEBOLD, INC. COM 253651103 2561.71 91900 SH SOLE 91900
DIGEX, INC. CL A 253756100 767.69 11300 SH SOLE 11300
DIGITAL MICROWAVE CORP. COM 253859102 10760.78 282250 SH SOLE 282250
DISNEY (WALT) CO. COM 254687106 18235.89 469840 SH SOLE 469840
DITECH COMMUNICATIONS CORP. COM 25500M103 671.39 7100 SH SOLE 7100
DOBSON COMMUNICATIONS CORP. CL A 256069105 685.68 35620 SH SOLE 35620
DOCUMENTUM, INC. COM 256159104 3673.31 41100 SH SOLE 41100
DOLLAR TREE STORES, INC. COM 256747106 2409.38 60900 SH SOLE 60900
DOMINION RESOURCES, INC. COM 25746U109 306.29 7144 SH SOLE 7144
DLJDIRECT COM 257661108 7269.62 171300 SH SOLE 171300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
DOVER CORP. COM 260003108 1402.66 34580 SH SOLE 34580
DOW CHEMICAL CO. COM 260543103 7476.05 247650 SH SOLE 247650
DUPONT (E.I.) DE NEMOURS COM 263534109 1734.99 39657 SH SOLE 39657
DUKE ENERGY CORP. COM 264399106 784.74 13920 SH SOLE 13920
DUPONT PHOTOMASKS, INC. COM 26613X101 774.05 11300 SH SOLE 11300
DYCOM INDUSTRIES, INC. COM 267475101 4912.80 106800 SH SOLE 106800
DYNEGY INC. CL A 26816Q101 3851.82 56385 SH SOLE 56385
EGL, INC. COM 268484102 1414.50 46000 SH SOLE 46000
EMC CORP. COM 268648102 110324.4 1433940 SH SOLE 1433940
ENSCO INTERNATIONAL, INC. COM 26874Q100 11998.07 335020 SH SOLE 335020
EOG RESOURCES, INC. COM 26875P101 3229.40 96400 SH SOLE 96400
E-TEK DYNAMICS, INC. COM 269240107 290.19 1100 SH SOLE 1100
EASTMAN KODAK CO. COM 277461109 727.09 12220 SH SOLE 12220
EBAY INC. COM 278642103 4013.73 73900 SH SOLE 73900
ECHOSTAR COMMUNICATIONS CORP. CL A 278762109 7052.21 213000 SH SOLE 213000
ECHOSTAR COMMUNICATIONS CORP. PFD CV SER C 278762307 2245.65 3300 SH SOLE 3300
J.D. EDWARDS COM 281667105 534.73 35500 SH SOLE 35500
EDWARDS (A.G.) INC. COM 281760108 1903.20 48800 SH SOLE 48800
EL PASO ENERGY CAPITAL TRUST I PFD CV TR SECS 283678209 3540.62 55000 SH SOLE 55000
ELAN CORP. PLC ADR 284131208 1855.17 38300 SH SOLE 38300
ELANTEC SEMICONDUCTOR, INC. COM 284155108 1531.75 22000 SH SOLE 22000
ELECTRO SCIENTIFIC INDUSTRIES COM 285229100 726.51 16500 SH SOLE 16500
ELECTRONIC ARTS INC. COM 285512109 474.09 6500 SH SOLE 6500
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 7475.32 181220 SH SOLE 181220
ELECTRONICS FOR IMAGING, INC. COM 286082102 3936.17 155500 SH SOLE 155500
EMCORE CORP. COM 290846104 2760.00 23000 SH SOLE 23000
EMERSON ELECTRIC CO. COM 291011104 987.13 16350 SH SOLE 16350
EMMIS COMMUNICATIONS CORP. CL A 291525103 3645.13 88100 SH SOLE 88100
ENRON CORP. COM 293561106 3068.26 47570 SH SOLE 47570
ENTRUST TECHNOLOGIES INC. COM 293848107 14026.12 169500 SH SOLE 169500
EQUANT N.V. NY REG SHS 294409107 3128.25 72750 SH SOLE 72750
EQUIFAX INC. COM 294429105 9069.37 345500 SH SOLE 345500
ERICSSON (LM) TEL ADR CL B SEK10 294821400 3836.00 191800 SH SOLE 191800
ETINUUM, INC. COM 297664104 981.00 174400 SH SOLE 174400
EXAR CORP. COM 300645108 1647.85 18900 SH SOLE 18900
EXCHANGE APPLICATIONS, INC. COM 300867108 1735.95 65200 SH SOLE 65200
EXODUS COMMUNICATIONS COM 302088109 12639.68 274400 SH SOLE 274400
EXPEDITORS INT'L OF WASHINGTON COM 302130109 3642.30 76680 SH SOLE 76680
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
EXTREME NETWORKS, INC. COM 30226D106 12607.25 119500 SH SOLE 119500
EXXON MOBIL CORP. COM 30231G102 46026.43 586324 SH SOLE 586324
F.Y.I. INC. COM 302712104 1778.72 52800 SH SOLE 52800
FACTSET RESEARCH SYSTEMS INC. COM 303075105 1864.50 66000 SH SOLE 66000
FAIRCHILD SEMICONDUCTOR CORP. CL A 303726103 1733.40 42800 SH SOLE 42800
FAMILY DOLLAR STORES, INC. COM 307000109 4065.19 207800 SH SOLE 207800
FEDERAL HOME LOAN MTG CORP. COM 313400301 16205.26 400130 SH SOLE 400130
FEDERAL NATIONAL MTG ASSOC. COM 313586109 22083.87 423160 SH SOLE 423160
FEDEX CORP. COM 31428X106 406.22 10690 SH SOLE 10690
FIFTH THIRD BANCORP COM 316773100 645.15 10200 SH SOLE 10200
FINOVA FINANCE TRUST TOPRS CV 9.16% 31808E207 360.00 15000 SH SOLE 15000
FIREPOND, INC. COM 318224102 3562.20 98950 SH SOLE 98950
FIRST DATA CORP. COM 319963104 18819.28 379230 SH SOLE 379230
FIRST UNION CORP. COM 337358105 919.81 37070 SH SOLE 37070
FIRSTAR CORP. COM 33763V109 774.06 36750 SH SOLE 36750
FISERV INC. COM 337738108 2612.73 60410 SH SOLE 60410
FLEETBOSTON FINANCIAL CORP. COM 339030108 18188.81 534965 SH SOLE 534965
FLORIDA PROGRESS CORP. COM 341109106 300.00 6400 SH SOLE 6400
FORD MOTOR CO. COM 345370100 12450.65 289550 SH SOLE 289550
FOREST LABORATORIES, INC. CL A 345838106 2397.74 23740 SH SOLE 23740
FORRESTER RESEARCH, INC. COM 346563109 2803.30 38500 SH SOLE 38500
FORWARD AIR CORP. COM 349853101 3708.00 92700 SH SOLE 92700
FOX ENTERTAINMENT GROUP, INC. CL A 35138T107 12286.68 404500 SH SOLE 404500
FREEPORT-MCMORAN COPPER & GOLD CL B 35671D857 1822.25 197000 SH SOLE 197000
FURNITURE BRANDS INT'L, INC. COM 360921100 1120.76 74100 SH SOLE 74100
GST TELECOMMUNICATIONS, INC. SSBDISC144ACV05 361942AA3 885.00 2500000 PRN SOLE 0
GTE CORP. COM 362320103 2257.80 36270 SH SOLE 36270
GANNETT CO. INC. COM 364730101 610.09 10200 SH SOLE 10200
GAP INC. COM 364760108 9772.50 312720 SH SOLE 312720
GATEWAY INC. COM 367626108 13050.79 229970 SH SOLE 229970
GAYLORD CONTAINER CORP. CL A 368145108 272.50 101377 SH SOLE 101377
GAYLORD CONTAINER CORP. WT EXP 110202 368145116 383.70 127902 SH SOLE 127902
GENENTECH, INC. COM 368710406 26556.80 154400 SH SOLE 154400
GENERAL ELECTRIC CO. COM 369604103 133473.0 2518360 SH SOLE 2518360
GENERAL MOTORS CORP. COM 370442105 1078.17 18569 SH SOLE 18569
GENERAL MOTORS CORP. CL H NEW 370442832 16489.80 187918 SH SOLE 187918
GENTEX CORP. COM 371901109 2896.91 115300 SH SOLE 115300
GENSET SPONSORED ADR 37244T104 585.06 25300 SH SOLE 25300
<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 TRANSGENICS CORP. COM 37246E105 2026.23 74700 SH SOLE 74700
GENZYME SURGICAL PRODUCTS COM GENL DIV 372917104 14508.81 244100 SH SOLE 244100
GETTY IMAGES, INC. COM 374276103 733.84 19800 SH SOLE 19800
GILEAD SCIENCES, INC. COM 375558103 1038.42 14600 SH SOLE 14600
GILLETTE CO. COM 375766102 5121.21 146580 SH SOLE 146580
GLIMCHER REALTY TRUST SH BEN INT 379302102 2433.68 169300 SH SOLE 169300
GLOBESPAN, INC. COM 379571102 1330.65 10900 SH SOLE 10900
GOLDEN WEST FINANCIAL CORP. COM 381317106 1469.26 36000 SH SOLE 36000
GRANITE BROADCASTING CORP. COM 387241102 3687.50 500000 SH SOLE 500000
GRANT PRIDECO, INC. COM 38821G101 821.00 32840 SH SOLE 32840
GREAT PLAINS SOFTWARE INC. COM 39119E105 616.22 31400 SH SOLE 31400
GUIDANT CORP. COM 401698105 11114.23 224530 SH SOLE 224530
HEALTHCARE CORP. (THE) COM 404119109 8760.45 288410 SH SOLE 288410
HNC SOFTWARE INC. COM 40425P107 419.90 6800 SH SOLE 6800
HAIN CELESTIAL GROUP, INC. COM 405217100 1830.73 49900 SH SOLE 49900
HALLIBURTON CO. COM 406216101 779.07 16510 SH SOLE 16510
HARLEY DAVIDSON INC. COM 412822108 14302.75 371500 SH SOLE 371500
HARRIS CORP. COM 413875105 1110.22 33900 SH SOLE 33900
HARRIS INTERACTIVE INC. COM 414549105 694.14 143300 SH SOLE 143300
HARTFORD FINANCIAL SVCS GRP COM 416515104 6365.74 113800 SH SOLE 113800
HEALTH MGMT ASSOCIATES INC. CL A 421933102 1511.06 115675 SH SOLE 115675
HEINZ (H.J.) CO. COM 423074103 584.50 13360 SH SOLE 13360
HELIX TECHNOLOGY CORP. COM 423319102 429.00 11000 SH SOLE 11000
JACK HENRY & ASSOCIATES, INC. COM 426281101 2416.02 48200 SH SOLE 48200
HEWLETT-PACKARD CO. COM 428236103 35153.56 281510 SH SOLE 281510
HEWLETT-PACKARD CO. SB LYON ZERO 17 428236AC7 11812.50 12500000 PRN SOLE 0
HISPANIC BROADCASTING CORP. CL A 43357B104 1099.75 33200 SH SOLE 33200
HOME DEPOT, INC. COM 437076102 62279.67 1247140 SH SOLE 1247140
HONEYWELL INT'L INC. COM 438516106 10905.54 323722 SH SOLE 323722
HOOPER HOLMES, INC. COM 439104100 555.20 69400 SH SOLE 69400
HOUSEHOLD INTERNATIONAL, INC. COM 441815107 14085.70 338900 SH SOLE 338900
HUMAN GENOME SCIENCES, INC. COM 444903108 8042.51 60300 SH SOLE 60300
ICN PHARMACEUTICALS, INC. COM 448924100 431.10 15500 SH SOLE 15500
HYPERION SOLUTIONS CORP. COM 44914M104 1474.46 45455 SH SOLE 45455
ICG COMMUNICATIONS, INC. COM 449246107 2621.08 118800 SH SOLE 118800
IDEC PHARMACEUTICALS CORP. COM 449370105 3513.52 29950 SH SOLE 29950
ISS GROUP, INC. COM 450306105 4245.56 43000 SH SOLE 43000
ITC DELTACOM, INC. COM 45031T104 1849.74 82900 SH SOLE 82900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ITXC CORP. COM 45069F109 4531.96 128000 SH SOLE 128000
IGATE CAPITAL CORP. COM 45169U105 625.62 45500 SH SOLE 45500
ILLINOIS TOOL WORKS INC. COM 452308109 11288.28 198040 SH SOLE 198040
IMMUNEX CORP. COM 452528102 11608.04 234800 SH SOLE 234800
IMPATH INC. COM 45255G101 2343.60 43200 SH SOLE 43200
INFINITY BROADCASTING CORP. CL A 45662S102 19246.00 528185 SH SOLE 528185
INFOCUS CORP. COM 45665B106 1873.34 58200 SH SOLE 58200
INFORMIX CORP. COM 456779107 3240.73 435700 SH SOLE 435700
INSIGHT ENTERPRISES, INC. COM 45765U103 3767.85 63525 SH SOLE 63525
INSITUFORM TECHNOLOGIES CL A 457667103 1247.75 46000 SH SOLE 46000
INTEGRATED DEVICE TECH INC. COM 458118106 1820.20 30400 SH SOLE 30400
INTEGRATED HEALTH SVCS, INC. SR SD CV 5.75%01 45812CAE6 0.00 2650000 PRN SOLE 0
INTEL CORP. COM 458140100 159241.1 1191140 SH SOLE 1191140
INTER-TEL INC. COM 458372109 602.36 37500 SH SOLE 37500
INTERCEPT GROUP, INC. COM 45845L107 940.10 55300 SH SOLE 55300
INTERMEDIA COMMUNICATIONS INC. COM 458801107 4859.51 163345 SH SOLE 163345
INTERNATIONAL BUS. MACHINES COM 459200101 52440.13 478630 SH SOLE 478630
INTERNATIONAL HOME FOODS, INC. COM 459655106 573.70 27400 SH SOLE 27400
INTERNATIONAL PAPER CO. COM 460146103 463.29 15540 SH SOLE 15540
INTERNET PICTURES CORP. COM 46059S101 558.11 36900 SH SOLE 36900
INTERPUBLIC GROUP COMPANY INC. COM 460690100 19482.87 453090 SH SOLE 453090
INTERPUBLIC GROUP COMPANY INC. SB NT CV 144A 06 460690AG5 3136.25 3250000 PRN SOLE 0
INTRANET SOLUTIONS, INC. COM NEW 460939309 2072.25 54000 SH SOLE 54000
INTERWORLD CORP. COM 46114Q108 1965.95 95900 SH SOLE 95900
INTERWOVEN, INC. COM 46114T102 4223.38 38400 SH SOLE 38400
INTIMATE BRANDS, INC. CL A 461156101 1627.40 82400 SH SOLE 82400
INTUIT INC. COM 461202103 15155.66 366300 SH SOLE 366300
INVESTMENT TECHNOLOGY GROUP COM 46145F105 1682.70 42600 SH SOLE 42600
INVITROGEN CORP. COM 46185R100 6354.65 84500 SH SOLE 84500
INVESTORS FINANCIAL SERVICES COM 461915100 777.88 19600 SH SOLE 19600
IRON MOUNTAIN INC. COM 462846106 2985.20 87800 SH SOLE 87800
I-2 TECHNOLOGIES, INC. COM 465754109 13983.11 134110 SH SOLE 134110
IVAX CORP. COM 465823102 2004.45 48300 SH SOLE 48300
JDS UNIPHASE CORP. COM 46612J101 77418.87 645830 SH SOLE 645830
JABIL CIRCUIT, INC. COM 466313103 11825.63 238300 SH SOLE 238300
JACK IN THE BOX INC. COM 466367109 1765.61 71700 SH SOLE 71700
JAKKS PACIFIC, INC. COM 47012E106 411.52 27900 SH SOLE 27900
JOHNSON & JOHNSON COM 478160104 48714.58 478180 SH SOLE 478180
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
JONES APPAREL GROUP INC. COM 480074103 1700.93 72380 SH SOLE 72380
JONES PHARMA INC. COM 480236108 2695.81 67500 SH SOLE 67500
KLA INSTRUMENTS CORP. COM 482480100 30414.10 519340 SH SOLE 519340
K-V PHARMACEUTICAL CO. CL A 482740206 606.85 22900 SH SOLE 22900
KANA COMMUNICATIONS, INC. COM 483600102 1652.06 26700 SH SOLE 26700
KANSAS CITY SOUTHERN IND. INC. COM 485170104 14074.78 158700 SH SOLE 158700
KAUFMAN & BROAD HOME CORP. COM 486168107 3181.96 160600 SH SOLE 160600
KEEBLER FOODS CO. COM 487256109 2234.92 60200 SH SOLE 60200
KEMET CORP. COM 488360108 1057.65 42200 SH SOLE 42200
KERR MCGEE CORP. COM 492386107 11622.57 197200 SH SOLE 197200
KERR MCGEE CORP. SB DB CV 5.25%10 492386AP2 4604.00 4000000 PRN SOLE 0
KIMBERLY CLARK CORP. COM 494368103 1133.15 19750 SH SOLE 19750
KING PHARMACEUTICALS,T INC. COM 495582108 5090.20 116016 SH SOLE 116016
KOHLS CORP. COM 500255104 19254.03 346140 SH SOLE 346140
KONINKLIJKE PHILIPS ELECTRONIC SPONSORED ADR NE 500472204 14107.50 297000 SH SOLE 297000
KOPIN CORP. COM 500600101 2160.60 31200 SH SOLE 31200
KROGER CO. COM 501044101 14820.37 671730 SH SOLE 671730
KRONOS INC. COM 501052104 299.00 11500 SH SOLE 11500
KULICKE & SOFFA INDUSTRIES,INC COM 501242101 3319.06 55900 SH SOLE 55900
LSI LOGIC CORP. COM 502161102 22533.86 416330 SH SOLE 416330
LTX CORP. COM 502392103 709.24 20300 SH SOLE 20300
L-3 COMMUNICATIONS HOLDINGS COM 502424104 2727.61 47800 SH SOLE 47800
LAM RESEARCH CORP. COM 512807108 23692.50 631800 SH SOLE 631800
LAMAR ADVERTISING CO. CL A 512815101 805.62 18600 SH SOLE 18600
LATTICE SEMICONDUCTOR CORP. COM 518415104 12753.56 184500 SH SOLE 184500
LAUDER (ESTEE) COS. CL A 518439104 1394.15 28200 SH SOLE 28200
LEAR CORP. COM 521865105 3484.00 174200 SH SOLE 174200
LEARNING TREE INT'L, INC. COM 522015106 2039.62 33300 SH SOLE 33300
LEGGETT & PLATT INC. COM 524660107 436.59 26460 SH SOLE 26460
LEGG MASON, INC. COM 524901105 2005.00 40100 SH SOLE 40100
LEHMAN BROTHERS HOLDING INC. COM 524908100 12085.15 127800 SH SOLE 127800
LENNAR CORP. COM 526057104 1698.97 83900 SH SOLE 83900
LEVEL ONE COMMUNICATIONS, INC. SUB NT CONV 4%04 527295AC3 4309.00 1000000 PRN SOLE 0
LEVEL 3 COMMUNICATIONS, INC. COM 52729N100 1410.64 16030 SH SOLE 16030
LEXMARK INTERNATIONAL INC. CL A 529771107 8061.93 119880 SH SOLE 119880
LIFEPOINT HOSPITALS, INC. COM 53219L109 2827.97 127100 SH SOLE 127100
LILLY (ELI) & CO. COM 532457108 36121.79 361670 SH SOLE 361670
LIMITED, INC. COM 532716107 4387.71 202900 SH SOLE 202900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
LINCOLN NATIONAL CORP. COM 534187109 5238.12 145000 SH SOLE 145000
LINEAR TECHNOLOGY CORP. COM 535678106 10928.28 170920 SH SOLE 170920
LINENS 'N THINGS, INC. COM 535679104 585.90 21600 SH SOLE 21600
LIZ CLAIBORNE INC. COM 539320101 1099.80 31200 SH SOLE 31200
LOUIS DREYFUS NATURAL GAS CORP COM 546011107 682.62 21800 SH SOLE 21800
LOWE'S COS. COM 548661107 13729.82 334360 SH SOLE 334360
LUCENT TECHNOLOGIES, INC. COM 549463107 44675.32 754014 SH SOLE 754014
LYCOS, INC. COM 550818108 642.60 11900 SH SOLE 11900
MBNA CORP. COM 55262L100 24916.48 918580 SH SOLE 918580
MKS INSTRUMENTS, INC COM 55306N104 489.06 12500 SH SOLE 12500
MMC NETWORKS, INC. COM 55308N102 1934.45 36200 SH SOLE 36200
MACROVISION CORP. COM 555904101 3113.00 48700 SH SOLE 48700
MACROMEDIA, INC. COM 556100105 8605.23 89000 SH SOLE 89000
MAGELLAN HEALTH SERVICES, INC. COM 559079108 100.00 80000 SH SOLE 80000
MAGNA INT'L INC. SUB DEB CV 5%02 559222AE4 4435.20 4400000 PRN SOLE 0
MANPOWER, INC. COM 56418H100 2844.80 88900 SH SOLE 88900
MANUGISTICS GROUP, INC. COM 565011103 757.35 16200 SH SOLE 16200
MARCHFIRST, INC. COM 566244109 4228.48 231698 SH SOLE 231698
MARINE DRILLING COMPANIES, INC COM PAR $0.01 568240204 14145.60 505200 SH SOLE 505200
MARSH & MCLENNAN COS. INC COM 571748102 19946.61 190990 SH SOLE 190990
MARSHALL & ILSLEY CORP. COM 571834100 1365.35 32900 SH SOLE 32900
MARRIOTT INT'L, INC. CL A 571903202 6794.26 188400 SH SOLE 188400
MARTIN MARIETTA MATERIALS COM 573284106 1467.89 36300 SH SOLE 36300
MASTEC, INC. COM 576323109 555.63 14550 SH SOLE 14550
MATTEL INC. COM 577081102 4813.09 364960 SH SOLE 364960
MAXIM INTEGRATED PRODUCTS, INC COM 57772K101 26695.55 392940 SH SOLE 392940
MAY DEPARTMENT STORES CO. COM 577778103 326.40 13600 SH SOLE 13600
MAVERICK TUBE CORP. COM 577914104 1243.63 42700 SH SOLE 42700
MAXIMUS, INC. COM 577933104 506.66 22900 SH SOLE 22900
MCDONALDS CORP. COM 580135101 10863.61 329820 SH SOLE 329820
MCLEODUSA INC. COM 582266102 1801.34 87072 SH SOLE 87072
MEADE INSTRUMENTS CORP. COM 583062104 608.02 24200 SH SOLE 24200
MEDAREX, INC. COM 583916101 1740.70 20600 SH SOLE 20600
MEDIAONE GRP/VODAPHONE AIRTOUC COM 58440J104 1454.84 21940 SH SOLE 21940
MEDICIS PHARMACEUTICAL CORP. CL A NEW 584690309 2314.20 40600 SH SOLE 40600
MEDIMMUNE, INC. COM 584699102 25829.70 349050 SH SOLE 349050
MEDQUIST INC. COM 584949101 3508.80 103200 SH SOLE 103200
MEDTRONIC INC. COM 585055106 27742.85 556940 SH SOLE 556940
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
MELLON FINANCIAL CORP. COM 58551A108 713.82 19590 SH SOLE 19590
MEMBERWORKS INC. COM 586002107 531.27 15800 SH SOLE 15800
MEN'S (THE) WEARHOUSE, INC. COM 587118100 3059.11 137100 SH SOLE 137100
MERCATOR SOFTWARE, INC. COM 587587106 1155.00 16800 SH SOLE 16800
MERCK AND CO. INC. COM 589331107 39440.42 514720 SH SOLE 514720
MERCURY COMPUTER SYSTEMS, INC. COM 589378108 2116.50 65500 SH SOLE 65500
MERCURY INTERACTIVE CORP. COM 589405109 12379.16 127950 SH SOLE 127950
MERRILL LYNCH & CO., INC. COM 590188108 19101.50 166100 SH SOLE 166100
META GROUP, INC. COM 591002100 945.17 49100 SH SOLE 49100
METLIFE CAPITAL TRUST I COM 59156R108 5244.68 249000 SH SOLE 249000
METRIS COMPANIES INC. COM 591598107 2396.92 95400 SH SOLE 95400
METTLER-TOLEDO INT'L INC. COM 592688105 1893.20 47330 SH SOLE 47330
MICREL, INC. COM 594793101 2319.58 53400 SH SOLE 53400
MICROSOFT CORP. COM 594918104 126584.8 1582310 SH SOLE 1582310
MICROCHIP TECHNOLOGY INC. COM 595017104 19113.28 328035 SH SOLE 328035
MICROCELL TELECOMMUNICATIONS CL B NON VTG 59501T304 3117.22 86290 SH SOLE 86290
MICROMUSE INC. COM 595094103 4070.90 24600 SH SOLE 24600
MICRON TECHNOLOGY INC. COM 595112103 22500.97 255510 SH SOLE 255510
MILLENNIUM PHARMACEUTICALS INC COM 599902103 1141.12 10200 SH SOLE 10200
MILLIPORE CORP. COM 601073109 17389.01 230700 SH SOLE 230700
MINIMED INC. COM 60365K108 1168.20 9900 SH SOLE 9900
3M CORP. COM 604059105 10070.77 122070 SH SOLE 122070
MODIS PROFESSIONAL SERVICES COM 607830106 1419.11 159900 SH SOLE 159900
MOLECULAR DEVICES CORP. COM 60851C107 1044.73 15100 SH SOLE 15100
MONSANTO CO. ADJ CONVR RATE 611662305 5203.75 115000 SH SOLE 115000
MONTANA POWER CO. COM 612085100 1483.14 42000 SH SOLE 42000
MORGAN J.P. & CO. INC. COM 616880100 721.31 6550 SH SOLE 6550
MORGAN STANLEY DEAN WITTER COM NEW 617446448 35886.57 431070 SH SOLE 431070
MOTIENT CORP. COM 619908106 6079.10 387500 SH SOLE 387500
MOTIENT CORP. COM 619908114 300.93 7500 SH SOLE 7500
MOTOROLA, INC. COM 620076109 28403.88 977321 SH SOLE 977321
MYLAN LABORATORIES INC. COM 628530107 542.93 29750 SH SOLE 29750
NPS PHARMACEUTICALS, INC. COM 62936P103 1546.15 57800 SH SOLE 57800
NABORS INDUSTRIES, INC. COM 629568106 10552.84 253900 SH SOLE 253900
NATIONAL CITY CORP. COM 635405103 417.19 24450 SH SOLE 24450
NAT'L COMPTER SYSTEMS, INC. COM 635519101 1769.55 35930 SH SOLE 35930
NATIONAL INSTRUMENTS CORP. COM 636518102 3018.85 69200 SH SOLE 69200
NATIONAL SEMICONDUCTOR CORP. COM 637640103 22541.10 397200 SH SOLE 397200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
NATURAL MICROSYSTEMS CORP COM 638882100 1742.78 15500 SH SOLE 15500
NETWORK ASSOCIATES, INC. COM 640938106 3518.76 172700 SH SOLE 172700
NETOPIA, INC. COM 64114K104 1122.97 27900 SH SOLE 27900
NETRO CORP. COM 64114R109 2863.01 49900 SH SOLE 49900
NETWORK APPLIANCE, INC. COM 64120L104 22214.78 275960 SH SOLE 275960
NEWFIELD EXPLORATION COMPANY COM 651290108 3658.18 93500 SH SOLE 93500
NEXTEL COMMUNICATIONS, INC. CL A 65332V103 22965.08 375320 SH SOLE 375320
NEXTLINK COMMUNICATIONS, INC. CL A 65333H707 8566.32 225798 SH SOLE 225798
NIKE, INC. CL B 654106103 425.60 10690 SH SOLE 10690
NOBLE AFFILIATES INC. COM 654894104 1501.17 40300 SH SOLE 40300
NOKIA OYJ SPONSORED ADR 654902204 45528.47 911700 SH SOLE 911700
NOBLE DRILLING CORP. COM 655042109 1371.56 33300 SH SOLE 33300
NORTEL NETWORKS CORP COM 656568102 52607.78 770810 SH SOLE 770810
NORTH FORK BANCORPORATION, INC COM 659424105 769.86 50900 SH SOLE 50900
NORTHEAST OPTIC NETWORK, INC. COM 664334109 1250.98 20300 SH SOLE 20300
NORTHERN TRUST CORP. COM 665859104 2399.52 36880 SH SOLE 36880
NORTHWEST AIRLINES CORP. CL A 667280101 3640.38 119600 SH SOLE 119600
NOVA CORPORATION COM 669784100 2987.63 106938 SH SOLE 106938
NOVELLUS SYSTEMS INC. COM 670008101 1446.31 25570 SH SOLE 25570
NOVOSTE CORP. COM 67010C100 2501.00 41000 SH SOLE 41000
NVIDIA CORP. COM 67066G104 724.61 11400 SH SOLE 11400
OCCIDENTAL PETROLEUM CORP. COM 674599105 372.81 17700 SH SOLE 17700
OCEANEERING INT'L INC. COM 675232102 1609.30 84700 SH SOLE 84700
OFFICE DEPOT, INC. COM 676220106 6661.25 1065800 SH SOLE 1065800
OMNICOM GROUP INC. COM 681919106 32872.26 369090 SH SOLE 369090
ON ASSIGNMENT, INC. COM 682159108 857.05 28100 SH SOLE 28100
ONYX SOFTWARE CORP. COM 683402101 1629.87 54900 SH SOLE 54900
OPTIMAL ROBOTICS CORP. CL A NEW 68388R208 748.31 19500 SH SOLE 19500
ORACLE CORP. COM 68389X105 80775.29 960890 SH SOLE 960890
OPUS360 CORP. COM 68400F109 172.96 46900 SH SOLE 46900
OUTBACK STEAKHOUSE, INC. COM 689899102 10696.72 365700 SH SOLE 365700
OXFORD HEALTH PLANS, INC. COM 691471106 16602.42 697200 SH SOLE 697200
CELERA GENOMICS COM PE BIO GRP 69332S102 11622.32 176430 SH SOLE 176430
PF CHANG'S CHINA BISTRO, INC. COM 69333Y108 1865.17 58400 SH SOLE 58400
PMC-SIERRA, INC. COM 69344F106 30047.04 169100 SH SOLE 169100
PMI GROUP INC. (THE) COM 69344M101 3196.75 67300 SH SOLE 67300
PNC FINANCIAL CORP. COM 693475105 549.84 11730 SH SOLE 11730
PRI AUTOMATION, INC. COM 69357H106 1432.06 21900 SH SOLE 21900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PACIFIC CENTURY FINANCIAL CORP COM 694058108 380.25 26000 SH SOLE 26000
PACIFIC SUNWEAR OF CALIFORNIA COM 694873100 711.09 37925 SH SOLE 37925
PAINEWEBBER GROUP INC. COM 695629105 4850.30 106600 SH SOLE 106600
PARADYNE NETWORKS, INC. COM 69911G107 996.42 30600 SH SOLE 30600
PARAMETRIC TECHNOLOGY CO. COM 699173100 3460.60 314600 SH SOLE 314600
PATTERSON ENERGY, INC. COM 703414102 572.85 20100 SH SOLE 20100
PAYCHEX INC. COM 704326107 2005.71 47755 SH SOLE 47755
PEGASUS COMMUNICATIONS CORP. CL A 705904100 566.97 11556 SH SOLE 11556
PEGASUS SOLUTIONS COM 705906105 333.86 30700 SH SOLE 30700
PENTAIR, INC. COM 709631105 599.95 16900 SH SOLE 16900
PEOPLESOFT INC. COM 712713106 9766.92 583100 SH SOLE 583100
PEPSICO, INC. COM 713448108 30901.29 695380 SH SOLE 695380
PEREGRINE SYSTEMS, INC. COM 71366Q101 9686.62 279250 SH SOLE 279250
PERICOM SEMICONDUCTOR CORP. COM 713831105 2121.60 31200 SH SOLE 31200
PETSMART INC. COM 716768106 2340.56 693500 SH SOLE 693500
PFIZER INC. COM 717081103 126342.7 2632140 SH SOLE 2632140
PHARMACEUTICAL PRODUCT DEV COM 717124101 1486.80 70800 SH SOLE 70800
PHARMACOPEIA, INC. COM 71713B104 602.87 13000 SH SOLE 13000
PHARMACIA CORP. COM 71713U102 39636.99 766851 SH SOLE 766851
PHYMATRIX CORP. SB DB CV 144A 03 718925AA8 650.00 2000000 PRN SOLE 0
PHONE.COM, INC. COM 71920Q100 5177.43 79500 SH SOLE 79500
PHOTON DYNAMICS, INC. COM 719364101 2994.98 40100 SH SOLE 40100
PHOTRONICS, INC. COM 719405102 3439.05 121200 SH SOLE 121200
PINNACLE HOLDINGS INC. COM 72346N101 1998.00 37000 SH SOLE 37000
PINNACLE SYSTEMS, INC. COM 723481107 1735.76 77200 SH SOLE 77200
PITNEY BOWES, INC. COM 724479100 408.00 10200 SH SOLE 10200
POLYCOM INC. COM 73172K104 4563.55 48500 SH SOLE 48500
POLYMEDICA CORP. COM 731738100 713.62 16500 SH SOLE 16500
PORTAL SOFTWARE, INC. COM 736126103 8246.26 129100 SH SOLE 129100
POWER-ONE, INC. COM 739308104 2409.78 21150 SH SOLE 21150
POWERWAVE TECHNOLOGIES, INC. COM 739363109 1557.60 35400 SH SOLE 35400
PRAXAIR INC. COM 74005P104 10385.30 277400 SH SOLE 277400
PRE-PAID LEGAL SERVICES, INC. COM 740065107 857.41 28700 SH SOLE 28700
PRECISION DRILLING CORP. COM 74022D100 2947.08 76300 SH SOLE 76300
PREMIER PARKS INC. COM NEW 740540208 2691.32 118300 SH SOLE 118300
PRICE COMMUNICATIONS CORP. COM NEW 741437305 3063.19 130000 SH SOLE 130000
PRIMUS KNOWLEDGE SOLUTIONS INC COM 74163Q100 337.50 7500 SH SOLE 7500
PRIMUS TELECOMM GROUP, INC. COM 741929103 10457.45 420400 SH SOLE 420400
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PRIORITY HEALTHCARE CORP. CL B 74264T102 3886.56 52300 SH SOLE 52300
PROCTER & GAMBLE CO. COM 742718109 18401.86 321430 SH SOLE 321430
PROFESSIONAL STAFF PLC SPONSORED ADR 74315R105 139.05 30900 SH SOLE 30900
PROGRESS SOFTWARE CORP. COM 743312100 1058.34 59000 SH SOLE 59000
PROLOGIS TRUST PFD CV SBI B 743410300 3133.75 115000 SH SOLE 115000
PROTECTIVE LIFE CORP. COM 743674103 702.90 26400 SH SOLE 26400
PROTEIN DESIGN LABS, INC. COM 74369L103 1484.57 9000 SH SOLE 9000
PROVINCE HEALTHCARE CO. COM 743977100 921.18 25500 SH SOLE 25500
PROVIDIAN FINANCIAL CORP. COM 74406A102 23896.80 265520 SH SOLE 265520
PROXIM, INC. COM 744284100 1741.85 17600 SH SOLE 17600
PSINET INC. PFD C CV 6 3/4 74437C309 1759.50 36000 SH SOLE 36000
QLT PHOTOTHERAPEUTICS, INC. COM 746927102 989.60 12800 SH SOLE 12800
QRS CORP. COM 74726X105 1423.42 57950 SH SOLE 57950
QLOGIC CORP. COM 747277101 2180.07 33000 SH SOLE 33000
QUALCOMM, INC. COM 747525103 16046.40 267440 SH SOLE 267440
QUANTA SERVICES, INC. COM 74762E102 2013.00 36600 SH SOLE 36600
QUEST DIAGNOSTICS INC. COM 74834L100 794.34 11100 SH SOLE 11100
QWEST COMMUNICATIONS INT'L INC COM 749121109 18583.31 374000 SH SOLE 374000
RSA SECURITY INC. COM 749719100 7070.42 102100 SH SOLE 102100
RF MICRO DEVICES, INC. COM 749941100 7496.31 85550 SH SOLE 85550
RADIAN GROUP INC. COM 750236101 1930.27 37300 SH SOLE 37300
RADIO ONE, INC. CL A 75040P108 1634.83 55300 SH SOLE 55300
RADIO ONE, INC. CL D NON VTG 75040P405 2440.16 110600 SH SOLE 110600
RADIOSHACK CORP. COM 750438103 5192.30 109600 SH SOLE 109600
RADISYS CORP. COM 750459109 1867.07 32900 SH SOLE 32900
RATIONAL SOFTWARE CORP. COM NEW 75409P202 38597.15 415300 SH SOLE 415300
READERS DIGEST ASSOCIATION INC CL A NON VTG 755267101 504.82 12700 SH SOLE 12700
REMEC, INC. COM 759543101 1783.87 42600 SH SOLE 42600
REMEDY CORP. COM 759548100 4186.82 75100 SH SOLE 75100
RENAL CARE GROUP, INC. COM 759930100 1203.08 49200 SH SOLE 49200
REPUBLIC SERVICES, INC. CL A 760759100 9003.20 562700 SH SOLE 562700
RESEARCH IN MOTION LIMITED COM 760975102 674.22 14900 SH SOLE 14900
RESMED INC. COM 761152107 623.27 23300 SH SOLE 23300
ROBERT HALF INT'L INC. COM 770323103 713.92 25050 SH SOLE 25050
ROHM & HAAS CO. COM 775371107 911.83 26430 SH SOLE 26430
ROSLYN BANCORP, INC. COM 778162107 471.69 28400 SH SOLE 28400
ROSS STORES INC. COM 778296103 3806.75 223100 SH SOLE 223100
ROWAN COMPANIES, INC. COM 779382100 13401.45 441200 SH SOLE 441200
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ROYAL DUTCH PETROLEUM CO. NY REG GLD 1.25 780257804 17794.78 289050 SH SOLE 289050
RUDOLPH TECHNOLOGIES, INC. COM 781270103 569.62 14700 SH SOLE 14700
RURAL CELLULAR CORP. CL A 781904107 1906.41 24900 SH SOLE 24900
SBC COMMUNICATIONS INC. COM 78387G103 29084.32 672470 SH SOLE 672470
SCG HOLDING CORP. COM 783884109 649.68 29700 SH SOLE 29700
SBA COMMUNICATIONS CORP. COM 78388J106 753.10 14500 SH SOLE 14500
SCI SYSTEMS, INC. COM 783890106 6810.87 173800 SH SOLE 173800
SCI SYSTEMS, INC. SUB NT CONV 3%07 783890AF3 5850.00 6000000 PRN SOLE 0
SDL, INC. COM 784076101 2195.94 7700 SH SOLE 7700
SFX ENTERTAINMENT, INC. CL A 784178105 471.25 10400 SH SOLE 10400
SLM HOLDING CORP. COM 78442A109 2863.89 76497 SH SOLE 76497
S&P DEPOSITARY RECEIPTS UNIT SER 1 78462F103 35666.48 245500 SH SOLE 245500
SPX CORP. COM 784635104 11646.32 96300 SH SOLE 96300
SAFEWAY INC. COM NEW 786514208 29699.92 658170 SH SOLE 658170
ST. PAUL CAPITAL L.L.C. PFD MIPS 6% 792856205 2390.00 40000 SH SOLE 40000
SANDISK CORP. COM 80004C101 409.95 6700 SH SOLE 6700
SANMINA CORP. COM 800907107 24418.80 285600 SH SOLE 285600
SANGSTAT MEDICAL CORP. COM 801003104 1334.02 46200 SH SOLE 46200
SARA LEE CORP. COM 803111103 675.18 34960 SH SOLE 34960
SAWTEK INC. COM 805468105 4558.98 79200 SH SOLE 79200
SCHERING PLOUGH CORP. COM 806605101 27063.45 535910 SH SOLE 535910
SCHLUMBERGER LTD. COM 806857108 30099.24 403340 SH SOLE 403340
SCHOLASTIC CORP. COM 807066105 812.96 13300 SH SOLE 13300
SCHWAB (CHARLES) CORP. COM 808513105 16912.19 502965 SH SOLE 502965
SCIENTIFIC-ATLANTA INC. COM 808655104 20882.35 280300 SH SOLE 280300
SCIQUEST.COM, INC. COM 80908Q107 1475.50 129000 SH SOLE 129000
SEARS, ROEBUCK AND CO. COM 812387108 475.34 14570 SH SOLE 14570
SEMTECH CORP. COM 816850101 5766.89 75400 SH SOLE 75400
SEPRACOR, INC. COM 817315104 11254.31 93300 SH SOLE 93300
SEQUENOM INDUSTRIAL GENOMICS COM 817337108 1640.30 36150 SH SOLE 36150
SHIRE PHARMACEUTICALS GROUP SPONSORED ADR 82481R106 2161.57 41669 SH SOLE 41669
SIEBEL SYSTEMS, INC. COM 826170102 26711.47 163310 SH SOLE 163310
SILICON STORAGE TECHNOLOGY INC COM 827057100 1187.80 13450 SH SOLE 13450
SILICON VALLEY BANCSHARES COM 827064106 2041.73 47900 SH SOLE 47900
SINCLAIR BROADCAST GROUP, INC. PFD CV EXCH D 829226505 1410.50 45500 SH SOLE 45500
SIRIUS SATELLITE RADIO INC. COM 82966U103 589.36 13300 SH SOLE 13300
SKYWEST, INC. COM 830879102 441.04 11900 SH SOLE 11900
SMARTFORCE PUBLIC LIMITED CO. SPONSORED ADR 83170A206 1804.80 37600 SH SOLE 37600
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SMITH INT'L, INC. COM 832110100 16331.22 224290 SH SOLE 224290
SOLECTRON CORP. COM 834182107 17528.45 418590 SH SOLE 418590
SOUTHDOWN, INC. COM 841297104 2604.52 45100 SH SOLE 45100
SOUTHERN CO. COM 842587107 626.42 26870 SH SOLE 26870
SOUTHTRUST CORP. COM 844730101 391.41 17300 SH SOLE 17300
SOUTHWEST AIRLINES CO. COM 844741108 1907.90 100745 SH SOLE 100745
SPEEDFAM-IPEC, INC. COM 847705100 2797.31 153800 SH SOLE 153800
SPRINT CORP. COM 852061100 15268.89 299390 SH SOLE 299390
SPRINT CORP. PCS COM SER 1 852061506 21322.42 358360 SH SOLE 358360
ST ASSEMBLY TEST SERVICES LTD. ADR 85227G102 647.61 25150 SH SOLE 25150
STANFORD MICRODEVICES, INC. COM 854399102 1437.79 33100 SH SOLE 33100
STARBUCKS CORP. COM 855244109 488.80 12800 SH SOLE 12800
STARWOOD HOTELS & RESORTS WRLDWD PAIRED CT 85590A203 6874.04 211100 SH SOLE 211100
STATE STREET CORP. COM 857477103 15000.49 141430 SH SOLE 141430
STILLWATER MINING CO. COM 86074Q102 384.67 13800 SH SOLE 13800
STMICROELECTRONICS N.V. COM 861012102 5122.20 79800 SH SOLE 79800
STMICROELECTRONICS N.V. SUB LYON ZERO 09 861012AB8 3011.75 1750000 PRN SOLE 0
STRYKER CORP. COM 863667101 630.00 14400 SH SOLE 14400
SUIZA FOODS CORP. COM 865077101 1578.66 32300 SH SOLE 32300
SUN MICROSYSTEMS INC. COM 866810104 78468.58 862880 SH SOLE 862880
SUNGARD DATA SYSTEMS INC. COM 867363103 2050.03 66130 SH SOLE 66130
SUNTRUST BANKS INC. COM 867914103 547.34 11980 SH SOLE 11980
SYBRON CORP. COM 87114F106 913.37 46100 SH SOLE 46100
SYCAMORE NETWORKS, INC. COM 871206108 11247.21 101900 SH SOLE 101900
SYMANTEC CORP. COM 871503108 6553.46 121500 SH SOLE 121500
SYMBOL TECHNOLOGIES, INC. COM 871508107 2027.80 37552 SH SOLE 37552
SYSCO CORP. COM 871829107 534.98 12700 SH SOLE 12700
TCF FINANCIAL CORP. COM 872275102 3761.49 146430 SH SOLE 146430
TMP WORLDWIDE INC. COM 872941109 1919.13 26000 SH SOLE 26000
TXU CORP. COM 873168108 885.00 30000 SH SOLE 30000
TAIWAN SEMICONDUCTOR MFG CO. SPONSORED ADR 874039209 8078.92 208150 SH SOLE 208150
TARGET CORP. COM 87612E106 18413.26 317470 SH SOLE 317470
TECHNE CORP. COM 878377100 4251.00 32700 SH SOLE 32700
TEKELEC COM 879101103 1407.08 29200 SH SOLE 29200
TEKTRONIX, INC. COM 879131100 14400.40 194600 SH SOLE 194600
TELECOMUNICACOES BRASILEIRAS SPONSORED ADR 879287308 10547.77 108600 SH SOLE 108600
TELEPHONE AND DATA SYSTEMS COM 879433100 1834.57 18300 SH SOLE 18300
TELLABS, INC. COM 879664100 20645.00 301660 SH SOLE 301660
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
TELETECH HOLDINGS, INC. COM 879939106 941.20 30300 SH SOLE 30300
TENFOLD CORP. COM 88033A103 475.05 28900 SH SOLE 28900
TENET HEALTHCARE CORP. COM 88033G100 13330.98 493740 SH SOLE 493740
TERADYNE INC. COM 880770102 1827.94 24870 SH SOLE 24870
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 25301.90 456400 SH SOLE 456400
TETRA TECH, INC. COM 88162G103 2031.13 88793 SH SOLE 88793
TEXACO INC. COM 881694103 9632.92 180900 SH SOLE 180900
TEXAS INSTRUMENTS INC. COM 882508104 58616.96 853380 SH SOLE 853380
THERMA-WAVE, INC. COM 88343A108 1590.91 71300 SH SOLE 71300
3COM CORP. COM 885535104 14266.22 247570 SH SOLE 247570
THREE-FIVE SYSTEMS, INC. COM 88554L108 1699.20 28800 SH SOLE 28800
TIDEWATER INC. COM 886423102 3466.80 96300 SH SOLE 96300
TIFFANY & CO. COM 886547108 1761.75 26100 SH SOLE 26100
TIME WARNER INC. COM 887315109 39637.04 521540 SH SOLE 521540
TITAN PHARMACEUTICALS, INC. COM 888314101 3805.50 88500 SH SOLE 88500
TOLLGRADE COMMUNICATIONS INC. COM 889542106 5180.75 39100 SH SOLE 39100
TOO, INC. COM 890333107 1523.73 59900 SH SOLE 59900
TOSCO CORP. COM NEW 891490302 1278.33 45150 SH SOLE 45150
TOWER AUTOMOTIVE, INC. COM 891707101 5322.50 425800 SH SOLE 425800
TRANSMONTAIGNE INC. COM 893934109 173.92 28396 SH SOLE 28396
TRANSWITCH CORP. COM 894065101 1736.73 22500 SH SOLE 22500
TREEV, INC. PFD CONV SER A 894692201 3012.00 200800 SH SOLE 200800
TRIGON HEALTHCARE, INC. COM 89618L100 6134.45 118970 SH SOLE 118970
TRIQUINT SEMICONDUCTOR, INC. COM 89674K103 2248.66 23500 SH SOLE 23500
TRIUMPH GROUP, INC. COM 896818101 1162.38 41700 SH SOLE 41700
TRUE NORTH COMMUNICATIONS INC. COM 897844106 3634.40 82600 SH SOLE 82600
TWEETER HOME ENTERTAINMENT GRP COM 901167106 1245.37 41000 SH SOLE 41000
TYCO INTERNATIONAL LTD. COM 902124106 64964.57 1371284 SH SOLE 1371284
US BANCORP COM 902973106 12226.83 635160 SH SOLE 635160
USA NETWORKS, INC. COM 902984103 15684.61 725300 SH SOLE 725300
UTI ENERGY CORP. COM 903387108 2447.62 61000 SH SOLE 61000
ULTIMATE ELECTRONICS INC. COM 903849107 522.54 19500 SH SOLE 19500
UNILEVER N.V. ADR NY SHS NEW 904784709 935.42 21754 SH SOLE 21754
UNICOM CORP. COM 904911104 1909.25 49350 SH SOLE 49350
UNIONBANCAL CORP. COM 908906100 3400.74 183200 SH SOLE 183200
U.S. CELLULAR CORP. LYON ZERO 15 911684AA6 4186.00 7000000 PRN SOLE 0
U.S. WEST, INC. COM 91273H101 1603.52 18700 SH SOLE 18700
UNITED TECHNOLOGIES CORP. COM 913017109 18347.21 311630 SH SOLE 311630
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
UNITED THERAPEUTICS CORP. COM 91307C102 400.98 3700 SH SOLE 3700
UNITEDGLOBALCOM INC. CV PFD 1/20 913247102 3622.50 60000 SH SOLE 60000
UNITEDGLOBALCOM INC. CLA 913247508 2337.50 50000 SH SOLE 50000
UNITEDHEALTH GROUP INC. COM 91324P102 13385.57 156100 SH SOLE 156100
UNIVERSAL HEALTH SERVICES INC. CL B 913903100 2921.30 44600 SH SOLE 44600
UNIVISION COMMUNICATIONS INC. CL A 914906102 2152.80 20800 SH SOLE 20800
UNOCAL CORP. COM 915289102 9016.62 272200 SH SOLE 272200
VEECO INSTRUMENTS INC. COM 922417100 1091.42 14900 SH SOLE 14900
VENTANA MEDICAL SYSTEMS COM 92276H106 364.25 15500 SH SOLE 15500
VERITAS SOFTWARE CORP. COM 923436109 45308.11 400900 SH SOLE 400900
VERITY COM 92343C106 2413.00 63500 SH SOLE 63500
VERISIGN, INC. COM 92343E102 26792.70 151800 SH SOLE 151800
VERSATEL TELECOM INT'L NV SPONSORED ADR 925301103 2373.64 55041 SH SOLE 55041
VERTICALNET, INC. COM 92532L107 591.00 16000 SH SOLE 16000
VIACOM, INC. CL B 925524308 62036.55 909787 SH SOLE 909787
VIATEL, INC. COM 925529208 2570.67 90000 SH SOLE 90000
VIAD CORP COM 92552R109 525.92 19300 SH SOLE 19300
VIGNETTE CORP. COM 926734104 7563.12 145400 SH SOLE 145400
VIRATA CORP. COM 927646109 4340.70 72800 SH SOLE 72800
VISHAY INTERTECHNOLOGY, INC. COM 928298108 1752.73 46200 SH SOLE 46200
VISTEON CORPORATION COM 92839U107 459.64 37909 SH SOLE 37909
VISUAL NETWORKS, INC. COM 928444108 1293.90 45400 SH SOLE 45400
VITESSE SEMICONDUCTOR CORP. COM 928497106 2552.63 34700 SH SOLE 34700
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 18141.55 437800 SH SOLE 437800
VOICESTREAM WIRELESS CORP. COM 928615103 16735.13 143900 SH SOLE 143900
VORNADO REALTY TRUST PFD CONV SER A 929042208 1813.45 35000 SH SOLE 35000
WACHOVIA CORP. COM 929771103 404.16 7450 SH SOLE 7450
WADDELL & REED FINANCIAL, INC. CL A 930059100 3125.43 95250 SH SOLE 95250
WAL-MART STORES INC. COM 931142103 63969.51 1110100 SH SOLE 1110100
WALGREEN CO. COM 931422109 1200.93 37310 SH SOLE 37310
WASHINGTON MUTUAL, INC. COM 939322103 647.37 22420 SH SOLE 22420
WATERS CORP. COM 941848103 2860.71 22920 SH SOLE 22920
WATSON PHARMACEUTICALS, INC. COM 942683103 9544.92 177580 SH SOLE 177580
WEATHERFORD INT'L, INC. COM 947074100 17142.68 430580 SH SOLE 430580
WEBLINK WIRELESS, INC. CL A 94769A101 1590.00 120000 SH SOLE 120000
WEBTRENDS CORP. COM 94844D104 1400.50 36200 SH SOLE 36200
WELLPOINT HEALTH NETWORKS INC. COM 94973H108 1571.90 21700 SH SOLE 21700
WELLS FARGO & CO. COM 949746101 22068.12 569500 SH SOLE 569500
<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 3600.00 80000 SH SOLE 80000
WESTERN WIRELESS CORP. CL A 95988E204 1640.99 30110 SH SOLE 30110
WESTWOOD ONE, INC. COM 961815107 689.32 20200 SH SOLE 20200
WEYERHAEUSER CO. COM 962166104 337.55 7850 SH SOLE 7850
WHOLE FOODS MARKET INC. COM 966837106 3247.20 78600 SH SOLE 78600
WILLIAMS COMPANIES INC. COM 969457100 11928.18 286130 SH SOLE 286130
WIND RIVER SYSTEMS, INC. COM 973149107 957.17 25272 SH SOLE 25272
WINSTAR COMMUNICATIONS, INC. COM 975515107 7010.43 206950 SH SOLE 206950
WORLDCOM, INC. COM 98157D106 62089.51 1353450 SH SOLE 1353450
XILINX INC. COM 983919101 33256.37 402800 SH SOLE 402800
XEROX CORP. COM 984121103 518.95 25010 SH SOLE 25010
YAHOO! INC. COM 984332106 11675.21 94250 SH SOLE 94250
YOUNG & RUBICAM INC. COM 987425105 573.02 10020 SH SOLE 10020
YOUNG & RUBICAM INC. SUB NT CV 144A05 987425AA3 2535.00 2500000 PRN SOLE 0
ZALE CORP. COM 988858106 1973.19 54060 SH SOLE 54060
ZEBRA TECHNOLOGIES CORP. CL A 989207105 534.85 12070 SH SOLE 12070
ZIONS BANCORP. COM 989701107 720.48 15700 SH SOLE 15700
ZORAN CORP. COM 98975F101 784.66 11900 SH SOLE 11900
ZOLL MEDICAL CORP. COM 989922109 1656.20 33800 SH SOLE 33800
ACE LTD. ORD G0070K103 15201.20 542900 SH SOLE 542900
AMDOCS LTD. ORD G02602103 836.57 10900 SH SOLE 10900
FLAG TELECOM HOLDINGS LTD. ORD G3529L102 1980.60 133150 SH SOLE 133150
GEMSTAR INT'L GROUP LTD. ORD G3788V106 11749.81 191200 SH SOLE 191200
GLOBAL CROSSING LTD. COM G3921A100 756.10 28735 SH SOLE 28735
GLOBAL CROSSING LTD. PFD CV 6.75 G3921A134 3517.47 15800 SH SOLE 15800
SANTA FE INT'L CORP. ORD G7805C108 489.13 14000 SH SOLE 14000
TRANSOCEAN SEDCO FOREX INC. ORD G90078109 20164.88 377351 SH SOLE 377351
CHECK POINT SOFTWARE TECH LTD. ORD M22465104 1778.70 8400 SH SOLE 8400
GILAT SATELLITE NETWORKS LTD. ORD M51474100 2518.31 36300 SH SOLE 36300
JACADA LTD. ORD M6184R101 1641.82 129400 SH SOLE 129400
ASM LITHOGRAPHY HOLDING N.V. NY SHS N07059111 4240.41 96100 SH SOLE 96100
COMPLETEL EUROPE N.V. ORD N21590109 4140.00 345000 SH SOLE 345000
CORE LABORATORIES N.V. COM N22717107 2636.10 90900 SH SOLE 90900
FLEXTRONICS INT'L LTD. ORD Y2573F102 40933.65 595936 SH SOLE 595936
GRAND TOTAL $6861008
</TABLE>
