<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS INC (ABT) COM 002824100 1730 38817 SH SOLE 38817
ADC TELEPHONE (ADCT) COM 000886101 5468 65190 SH SOLE 65190
ADVANCED RADIO TELE (ARTT) COM 00754U101 4354 297708 SH SOLE 297708
AFLAC INC (AFL) COM 001055102 218 4750 SH SOLE 4750
AGILENT TECHNOLOGIES(A) COM 00846u101 1474 19982 SH SOLE 19982
ALLIANCE CAPITAL (AC) COM 018548107 247 5200 SH SOLE 5200
ALTERA CORP (ALTR) COM 021441100 271 2655 SH SOLE 2655
AMERICA ONLINE INC (AOL) COM 02364J104 1254 23800 SH SOLE 23800
AMERICAN EXPRESS (AXP) COM 025816109 5578 107020 SH SOLE 107020
AMERICAN INTL GRP (AIG) COM 026874107 7351 62563 SH SOLE 62563
AMGEN INC (AMGN) COM 031162100 5869 83550 SH SOLE 83550
APPLIED MATERIAL (AMAT) COM 038222105 1065 11750 SH SOLE 11750
AUTOMATIC DATA PROCESSING (AUD COM 053015103 2824 52730 SH SOLE 52730
BANK NEW YORK (BK) COM 064057102 233 5000 SH SOLE 5000
BANK OF AMERICA (BAC) COM 060505104 536 12468 SH SOLE 12468
BAXTER INTL (BAX) COM 071813109 243 3450 SH SOLE 3450
BEAR STEARNS (BSC) COM 073902108 2160 51885 SH SOLE 51885
BELLSOUTH CORP (BLS) COM 079860102 482 11308 SH SOLE 11308
BEST BUY COMPANY (BBY) COM 086516101 1325 20950 SH SOLE 20950
BESTFOODS (BFO) COM 08658U101 499 7200 SH SOLE 7200
BRISTOL MYERS SQUIBB (BMY) COM 110122108 262 4504 SH SOLE 4504
CARDINAL HEALTH (CAH) COM 14149Y108 285 3850 SH SOLE 3850
CARNIVAL CORP CL A (CCL) COM 143658102 316 16200 SH SOLE 16200
CHASE MANHATTAN (CMB) COM 16161A108 411 8918 SH SOLE 8918
CISCO SYSTEMS (CSCO) COM 17275R102 27493 432539 SH SOLE 432539
CITIGROUP INC COM (C) COM 172967101 7983 132492 SH SOLE 132492
CLEAR CHANNEL COMMUNICATIONS ( COM 184502102 221 2950 SH SOLE 2950
COCA~COLA (KO) COM 191216100 2208 38434 SH SOLE 38434
COMMERCIAL NET LEASE REALTY(NN COM 202218103 150 14300 SH SOLE 14300
COMPAQ COMPUTER (CPQ) COM 204493100 1736 67920 SH SOLE 67920
COMPASS BANCSHARES (CBSS) COM 20449H109 8160 478237 SH SOLE 478237
COMPUTER ASSOCIATES (CA) COM 204912109 2419 47260 SH SOLE 47260
CROWN LABORATORIES (CLWBE) COM 228392304 0 14000 SH SOLE 14000
DELL COMPUTER CORP (DELL) COM 247025109 676 13715 SH SOLE 13715
DOLLAR GENL CORP (DG) COM 256669102 2745 140754 SH SOLE 140754
ELECTRONIC DATA SYS (EDS) COM 285661104 664 16095 SH SOLE 16095
ELTRAX SYSTEMS (ELTX) COM 290375104 59 10000 SH SOLE 10000
EMC CORPORATION (EMC) COM 268648102 28154 365935 SH SOLE 365935
EMERSON ELECTRIC CO (EMR) COM 291011104 647 10716 SH SOLE 10716
ERICSSON LM ADR B (ERICY) COM 294821400 245 12240 SH SOLE 12240
EXXON MOBIL CORP (XOM) COM 30231g102 354 4506 SH SOLE 4506
FEDERAL NATL MORTGAGE (FNM) COM 313586109 3205 61410 SH SOLE 61410
FEDEX CORP DELAWARE (FDX) COM 31428x106 912 24005 SH SOLE 24005
FIRST DATA CORP (FDC) COM 319963104 1592 32090 SH SOLE 32090
FIRST UNION CORP (FTU) COM 337358105 323 13012 SH SOLE 13012
GANNETT COMPANY (GCI) COM 364730101 5419 90605 SH SOLE 90605
GAP INC (GPS) COM 364760108 5000 159990 SH SOLE 159990
GATEWAY INC (GTW) COM 367626108 4976 87675 SH SOLE 87675
GENERAL ELECTRIC (GE) COM 369604103 10618 200345 SH SOLE 200345
GILLETTE CO (G) COM 375766102 749 21425 SH SOLE 21425
GLOBAL CROSSING LTD (GBLX) COM g3921a100 2902 110280 SH SOLE 110280
GUIDANT CORP (GDT) COM 401698105 4857 98125 SH SOLE 98125
HERSHEY FOODS CORP (HSY) COM 427866108 334 6888 SH SOLE 6888
HEWLETT PACKARD CO (HWP) COM 428236103 6625 53057 SH SOLE 53057
HILTON HOTELS (HLT) COM 432848109 94 10000 SH SOLE 10000
HOME DEPOT (HD) COM 437076102 11264 225552 SH SOLE 225552
HOUSEHOLD INTL INC (HI) COM 441815107 2198 52889 SH SOLE 52889
HUNTINGTON BANCSHARES (HBAN) COM 446150104 481 30429 SH SOLE 30429
ILLINOIS TOOL WORKS (ITW) COM 452308109 1855 32550 SH SOLE 32550
INT'L BUS. MACHINES (IBM) COM 459200101 1457 13300 SH SOLE 13300
INTEL CORP (INTC) COM 458140100 37410 279834 SH SOLE 279834
INTERPUBLIC GRP COS (IPG) COM 460690100 4746 110370 SH SOLE 110370
JEFFERSON PILOT (JP) COM 475070108 319 5650 SH SOLE 5650
JOHNSON & JOHNSON (JNJ) COM 478160104 5556 54535 SH SOLE 54535
LEHMAN BROTHERS HOLDINGS (LEH) COM 524908100 227 2400 SH SOLE 2400
LILLY ELI & CO (LLY) COM 532457108 230 2300 SH SOLE 2300
LINEAR TECHNOLOGY (LLTC) COM 535678106 870 13600 SH SOLE 13600
LUCENT TECHNOLOGIES (LU) COM 549463107 8038 135670 SH SOLE 135670
MARRIOTT INTL NEW A (MAR) COM 571903202 213 5900 SH SOLE 5900
MARSH & MCLENNAN (MMC) COM 571748102 4161 39843 SH SOLE 39843
MBNA CORPORATION (KRB) COM 55262L100 7841 289060 SH SOLE 289060
MCDONALDS CORP (MCD) COM 580135101 999 30343 SH SOLE 30343
MCI WORLDCOM INC (WCOM) COM 98157d106 9984 217637 SH SOLE 217637
MEDTRONIC INC (MDT) COM 585055106 10703 214862 SH SOLE 214862
MERCK & CO (MRK) COM 589331107 7186 93777 SH SOLE 93777
MERRILL LYNCH & CO (MER) COM 590188108 515 4475 SH SOLE 4475
MGM GRAND (MGG) COM 552953101 4067 126600 SH SOLE 126600
MICROSOFT CORP (MSFT) COM 594918104 24878 310974 SH SOLE 310974
MORGAN STANLEY DW (MWD) COM 617446448 286 3440 SH SOLE 3440
MOTOROLA INC (MOT) COM 620076109 1901 65417 SH SOLE 65417
NEXTEL COMMUNICATIONS INC (NXT COM 65332v103 10640 173890 SH SOLE 173890
ORACLE SYSTEMS (ORCL) COM 68389X105 33343 396645 SH SOLE 396645
PEPSICO INC (PEP) COM 713448108 360 8100 SH SOLE 8100
PFIZER INC (PFE) COM 717081103 16211 337730 SH SOLE 337730
PSS WORLD MEDICAL (PSSI) COM 69366a100 71 10500 SH SOLE 10500
QUALCOMM INC (QCOM) COM 747525103 912 15200 SH SOLE 15200
SBC COMM (SBC) COM 78387G103 450 10397 SH SOLE 10397
SCHERING-PLOUGH (SGP) COM 806605101 6023 119267 SH SOLE 119267
SOLECTRON CORP (SLR) COM 834182107 3262 77910 SH SOLE 77910
STAPLES INC (SPLS) COM 855030102 412 26775 SH SOLE 26775
SUN MICROSYSTEMS (SUNW) COM 866810104 23925 263091 SH SOLE 263091
SUNTRUST BKS INC (STI) COM 867914103 324 7100 SH SOLE 7100
TERADYNE INC (TER) COM 880770102 625 8500 SH SOLE 8500
TEXAS INSTRUMENTS (TXN) COM 882508104 6217 90516 SH SOLE 90516
TIME WARNER INC (TWX) COM 887315109 384 5052 SH SOLE 5052
TRUSTMARK CORP (TRMK) COM 898402102 415 23788 SH SOLE 23788
VODAFONE GRP PLC ADR (VOD) COM 92857T107 7435 179430 SH SOLE 179430
WAL-MART STORES (WMT) COM 931142103 440 7634 SH SOLE 7634
WALGREEN CO (WAG) COM 931422109 4052 125895 SH SOLE 125895
WALT DISNEY COMPANY (DIS) COM 254687106 3795 97790 SH SOLE 97790
WELLS FARGO & CO (WFC) COM 949746101 2172 56047 SH SOLE 56047
WORLD ACCESS INC (WAXS) COM 98141A101 548 49500 SH SOLE 49500
XILINX INC (XLNX) COM 983919101 4774 57825 SH SOLE 57825
YAHOO! (YHOO) COM 984332106 228 1840 SH SOLE 1840
YOUNG & RUBICAM INC. (YNR) COM 987425105 3395 59360 SH SOLE 59360
ALLIANCE MORTGAGE SECS - A 018639104 91 11276.4080000SH SOLE 11276.4080000
</TABLE>
