LEHMAN BROTHERS HOLDINGS INC
13F-HR/A, 1999-11-16
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                               Form 13F AMENDMENT

                               Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:       September 30, 1999

Check here if Amendment    [  X    ];      Amendment Number: 1
This Amendment (Check only one.):   [        ] is a restatement
                                    [        ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:             Lehman Brothers Holdings Inc.
Address:          3 World Financial Center
                  New York, New York  10285

Form 13F File Number:      28-3182

The institutional  investment  manager filing this report and the person by whom
it is signed hereby  represent  that the person signing the report is authorized
to submit it, that all information contained 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:             Jennifer Marre
Title:            Vice President and Secretary
Phone:            212 526-1936

Signature, Place and Date of Signing:

/s/Jennifer Marre                   New York, NY              November 16, 1999
- ------------------                  ------------              -----------------

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 another 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).)


<PAGE>



                        Form 13F SUMMARY PAGE



Report Summary:

Number of Other Included Managers:          1

Form 13F Information Table Entry Total:    760

Form 13F Information Table Value Total:   1,838,751
                                         (thousands)

The  confidential  portion of this report has been omitted and filed  separately
with the Security and Exchange Commission.

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.


No.               Form 13F File Number         Name
- ---               --------------------         ----
1                 28-1159                      Lehman Brothers Inc.




<PAGE>


<TABLE>
<CAPTION>


<S>                              <C>      <C>        <C>       <C>     <C>      <C>        <C>            <C>
                                 TITLE OF            VALUE     SHRS OR SH/ PUT/ INVESTMENT  OTHER          VOTING AUTHORITY
NAME OF ISSUER                   CLASS    CUSIP     (X$1000)   PRN AMT PRN CALL DISCRETION MANAGERS     SOLE   SHARED     NONE
- -------------------------------- -------- --------- --------   ------- --- ---- ---------- -------- -------- -------- --------
***GEMSTAR INTERNATIONAL GROUP   COMMON   G3788V106     1212     15520 SH       DEFINED    01              0       0    15520
*** GLOBALSTAR                   COMMON   G3930H104      177      7700 SH       DEFINED    01              0       0     7700
*** GLOBALSTAR                   COMMON   G3930H104       47      2079 SH       DEFINED    01           2079       0        0
***LORAL SPACE &                 COMMON   G56462107      312     18200 SH       DEFINED    01              0       0    18200
***LORAL SPACE &                 COMMON   G56462107     2999    174500 SH       DEFINED    01         174500       0        0
***TOMMY HILFIGER CORP-ORD       COMMON   G8915Z102      115      4100 SH       DEFINED    01              0       0     4100
***TOMMY HILFIGER CORP-ORD       COMMON   G8915Z102     5448    193300 SH       DEFINED    01         193300       0        0
***GILAT SATELLITE NETWORKS      ADR      M51474100      231      4312 SH       DEFINED    01           4312       0        0
***LOGAL EDUCATIONAL SOFTWARE    COMMON   M6777Q106      125    296530 SH       DEFINED    01         296530       0        0
***VOCALTEC COMMUNICATIONS LTD   ADR      M97601104      485     34388 SH       DEFINED    01          34388       0        0
***MADGE NETWORKS NV             ADR      N5424G106      341    143700 SH       DEFINED    01              0       0   143700
***MADGE NETWORKS NV             ADR      N5424G106        8      3765 SH       DEFINED    01           3765       0        0
***PANAMERICAN BEVERAGES INC     CLASS    P74823108      414     25000 SH       DEFINED    01          25000       0        0
AFC CABLE SYSTEMS INC            COMMON   000950105     8459    199050 SH       DEFINED    01         199050       0        0
AES CORP                         COMMON   00130H105     2601     44100 SH       DEFINED    01          44100       0        0
AT&T CORP                        COMMON   001957109     3795     87242 SH       DEFINED    01              0       0    87242
AT&T CORP                        COMMON   001957109    25966    596925 SH       DEFINED    01         596925       0        0
AVX CORP NEW                     COMMON   002444107     1808     51500 SH       DEFINED    01          51500       0        0
ABBOTT LABORATORIES              COMMON   002824100        7       210 SH       DEFINED    01              0       0      210
ABBOTT LABORATORIES              COMMON   002824100      205      5600 SH       DEFINED    01           5600       0        0
ABERCROMBIE & FITCH CO-CL A      CLASS    002896207       40      1190 SH       DEFINED    01              0       0     1190
ABERCROMBIE & FITCH CO-CL A      CLASS    002896207      759     22285 SH       DEFINED    01          22285       0        0
ACCLAIM ENTERTAINMENT INC NEW    COMMON   004325205      379     50007 SH       DEFINED    01          50007       0        0
ADAPTEC INC                      CBONDCNV 00651FAC2      495    510000 SH       DEFINED    01         510000       0        0
ADTRAN INC                       COMMON   00738A106       76      2000 SH       DEFINED    01              0       0     2000
ADTRAN INC                       COMMON   00738A106      138      3622 SH       DEFINED    01           3622       0        0
ADVANCED FIBRE COMMUNICATIONS    COMMON   00754A105      155      7000 SH       DEFINED    01              0       0     7000
ADVANCED FIBRE COMMUNICATIONS    COMMON   00754A105      423     19045 SH       DEFINED    01          19045       0        0
ADVANCED ENERGY INDUSTRIES INC   COMMON   007973100      272      8821 SH       DEFINED    01           8821       0        0
AIR PRODUCTS & CHEMICALS INC     COMMON   009158106        5       200 SH       DEFINED    01              0       0      200
AIR PRODUCTS & CHEMICALS INC     COMMON   009158106     3614    124375 SH       DEFINED    01         124375       0        0
AIRTRAN HOLDINGS INC             COMMON   00949P108      176     35000 SH       DEFINED    01          35000       0        0
ALBEMARLE CORP                   COMMON   012653101      382     19019 SH       DEFINED    01          19019       0        0
ALBERTSONS INC                   COMMON   013104104      526     13310 SH       DEFINED    01          13310       0        0
ALLEGHENY ENERGY INC             COMMON   017361106      538     16933 SH       DEFINED    01          16933       0        0
ALLIANCE SEMICONDUCTOR CORP      COMMON   01877H100       25      2446 SH       DEFINED    01           2446       0        0
ALLIED SIGNAL INC                COMMON   019512102       83      1400 SH       DEFINED    01              0       0     1400
ALLIED SIGNAL INC                COMMON   019512102     5771     96300 SH       DEFINED    01          96300       0        0
ALLMERICA FINANCIAL CORP         COMMON   019754100      222      4672 SH       DEFINED    01           4672       0        0
ALLSTATE CORP                    COMMON   020002101       17       690 SH       DEFINED    01              0       0      690
ALLSTATE CORP                    COMMON   020002101     2340     93860 SH       DEFINED    01          93860       0        0
ALLTEL CORP                      COMMON   020039103       14       200 SH       DEFINED    01              0       0      200
ALLTEL CORP                      COMMON   020039103      372      5300 SH       DEFINED    01           5300       0        0
ALPHA TECHNOLOGIES GROUP INC     COMMON   020781100     1410    334393 SH       DEFINED    01              0       0   334393
ALTERA CORP                      COMMON   021441100      810     18697 SH       DEFINED    01          18697       0        0
ALZA CORP                        COMMON   022615108       34       800 SH       DEFINED    01            800       0        0
ALZA CORP CV SUB DEB             CBONDCNV 022615AD0     4617   3848000 SH       DEFINED    01        3848000       0        0
WTS ALZA CORP                    WARRANT  022615157        3    110000 SH       DEFINED    01         110000       0        0
AMAZON.COM INC                   COMMON   023135106       55       700 SH       DEFINED    01              0       0      700
AMAZON.COM INC                   COMMON   023135106     1162     14541 SH       DEFINED    01          14541       0        0
AMBAC FINANCIAL GROUP INC        COMMON   023139108      287      6063 SH       DEFINED    01           6063       0        0
AMERICA ONLINE INC-DEL           COMMON   02364J104     4325     41587 SH       DEFINED    01              0       0    41587
AMERICA ONLINE INC-DEL           COMMON   02364J104    13307    127958 SH       DEFINED    01         127958       0        0
AMERICAN ELECTRIC POWER CO INC   COMMON   025537101      357     10484 SH       DEFINED    01          10484       0        0
AMERICAN EXPRESS COMPANY         COMMON   025816109      673      5000 SH       DEFINED    01              0       0     5000
AMERICAN EXPRESS COMPANY         COMMON   025816109     2059     15300 SH       DEFINED    01          15300       0        0
AMERICAN GENERAL CORP            COMMON   026351106        3        50 SH       DEFINED    01              0       0       50
AMERICAN GENERAL CORP            COMMON   026351106      728     11525 SH       DEFINED    01          11525       0        0
AMERICAN HOME PRODUCTS CORP      COMMON   026609107      375      9050 SH       DEFINED    01              0       0     9050
AMERICAN HOME PRODUCTS CORP      COMMON   026609107     1220     29400 SH       DEFINED    01          29400       0        0
AMERICAN INTERNATIONAL GROUP     COMMON   026874107        2        31 SH       DEFINED    01              0       0       31
AMERICAN INTERNATIONAL GROUP     COMMON   026874107    18969    218194 SH       DEFINED    01         218194       0        0
AMERICAN POWER CONVERSION CORP   COMMON   029066107      330     17418 SH       DEFINED    01          17418       0        0
AMERICAN STANDARD COMPANIES      COMMON   029712106      237      6177 SH       DEFINED    01           617        0
AMERICAN WATER WORKS CO INC      COMMON   030411102      244      8460 SH       DEFINED    01           8460       0        0
AMERIQUEST TECHNOLOGIES INC      COMMON   03070P103        1     11900 SH       DEFINED    01          11900       0        0
AMERITRADE HOLDING CORP-CL A     COMMON   03072H109      211     11516 SH       DEFINED    01          11516       0        0
AMERITECH CORP NEW               COMMON   030954101        4        70 SH       DEFINED    01              0       0       70
AMERITECH CORP NEW               COMMON   030954101      877     13065 SH       DEFINED    01          13065       0        0
AMGEN INC                        COMMON   031162100      391      4800 SH       DEFINED    01              0       0     4800
AMGEN INC                        COMMON   031162100      171      2100 SH       DEFINED    01           2100       0        0
AMSOUTH BANCORPORATION           COMMON   032165102     2343    100000 SH       DEFINED    01         100000       0        0
ANALOG DEVICES INC               COMMON   032654105      773     15095 SH       DEFINED    01          15095       0        0
ANHEUSER BUSCH COMPANIES INC     COMMON   035229103       53       760 SH       DEFINED    01              0       0      760
ANHEUSER BUSCH COMPANIES INC     COMMON   035229103      534      7630 SH       DEFINED    01           7630       0        0
APACHE CORP                      COMMON   037411105       41       950 SH       DEFINED    01              0       0      950
APACHE CORP                      COMMON   037411105      211      4900 SH       DEFINED    01           4900       0        0
APACHE MEDICAL SYSTEMS INC       COMMON   03746E102       14     10850 SH       DEFINED    01          10850       0        0
APARTMENT INVESTMENT &           REIT     03748R101       38      1000 SH       DEFINED    01              0       0     1000
APARTMENT INVESTMENT &           REIT     03748R101    14634    382591 SH       DEFINED    01         382591       0        0
***APCO ARGENTINA INC (CAYMEN    COMMON   037489101       36      2200 SH       DEFINED    01         432091       0        0
APPLE COMPUTER INC               COMMON   037833100     1301     20550 SH       DEFINED    01              0       0    20550
APPLE COMPUTER INC               COMMON   037833100      141      2232 SH       DEFINED    01           2232       0        0
APPLIED MATERIALS INC            COMMON   038222105      853     10981 SH       DEFINED    01              0       0    10981
APPLIED MATERIALS INC            COMMON   038222105      521      6709 SH       DEFINED    01           6709       0        0
ARDEN REALTY INC                 REIT     039793104       21      1000 SH       DEFINED    01              0       0     1000
ARDEN REALTY INC                 REIT     039793104     2700    124144 SH       DEFINED    01         124144       0        0
ARMCO INC                        COMMON   042170100      175     25000 SH       DEFINED    01          25000       0        0
ASARCO INC                       COMMON   043413103      268     10000 SH       DEFINED    01          10000       0        0
***ASIA PULP & PAPER CO LTD      ADR      04516V100      117     20000 SH       DEFINED    01          20000       0        0
AT HOME CORP-SER A               COMMON   045919107     1579     38120 SH       DEFINED    01              0       0    38120
AT HOME CORP-SER A               COMMON   045919107      754     18203 SH       DEFINED    01          18203       0        0
ASSOCIATES FIRST CAPITAL CORP    COMMON   046008108      291      8100 SH       DEFINED    01           8100       0        0
ASTORIA FINANCIAL CORP           COMMON   046265104      642     20886 SH       DEFINED    01          20886       0        0
ATLANTIC RICHFIELD CO            COMMON   048825103    28542    322063 SH       DEFINED    01         322063       0        0
ATMEL CORP                       COMMON   049513104       24       725 SH       DEFINED    01              0       0      725
ATMEL CORP                       COMMON   049513104      319      9444 SH       DEFINED    01           9444       0        0
AUTODESK INC                     COMMON   052769106      597     27311 SH       DEFINED    01          27311       0        0
AVNET INC                        COMMON   053807103      229      5453 SH       DEFINED    01           5453       0        0
AVON PRODUCTS INC                COMMON   054303102     3888    156700 SH       DEFINED    01         156700       0        0
BB&T CORP                        COMMON   054937107      150      4638 SH       DEFINED    01              0       0     4638
BB&T CORP                        COMMON   054937107      100      3100 SH       DEFINED    01           3100       0        0
BISYS GROUP INC                  COMMON   055472104      852     18183 SH       DEFINED    01          18183       0        0
BRE PROPERTIES INC               REIT     05564E106      284     11888 SH       DEFINED    01          11888       0        0
BAKER HUGHES INC                 COMMON   057224107      243      8400 SH       DEFINED    01           8400       0        0
***BANCO DE GALICIA Y BUENOS     ADR      059538207      234     11259 SH       DEFINED    01          11259       0        0
BANK OF NEW YORK CO INC          COMMON   064057102      227      6800 SH       DEFINED    01           6800       0        0
BANK UNITED CORP-CL A            COMMON   065412108       38      1175 SH       DEFINED    01              0       0     1175
BANK UNITED CORP-CL A            COMMON   065412108      912     28185 SH       DEFINED    01          28185       0        0
BANKBOSTON CORP                  COMMON   06605R106        4       100 SH       DEFINED    01              0       0      100
BANKBOSTON CORP                  COMMON   06605R106      498     11500 SH       DEFINED    01          11500       0        0
***BARRICK GOLD CORP             COMMON   067901108     5446    250400 SH       DEFINED    01         250400       0        0
BAXTER INTERNATIONAL INC         COMMON   071813109      873     14505 SH       DEFINED    01          14505       0        0
BED BATH & BEYOND INC            COMMON   075896100      474     13585 SH       DEFINED    01          13585       0        0
BELL ATLANTIC CORP               COMMON   077853109      211      3135 SH       DEFINED    01              0       0     3135
BELL ATLANTIC CORP               COMMON   077853109     2278     33856 SH       DEFINED    01          33856       0        0
BELLSOUTH CORP                   COMMON   079860102      387      8600 SH       DEFINED    01           8600       0        0
A H BELO CORP-SER A              CLASS    080555105      197     10336 SH       DEFINED    01          10336       0        0
BERGEN BRUNSWIG CORP-CL A        CLASS    083739102      130     12624 SH       DEFINED    01          12624       0        0
BEVERLY ENTERPRISES INC NEW      COMMON   087851309       45     10800 SH       DEFINED    01          10800       0        0
BIG FLOWER HOLDINGS INC          COMMON   089159107       62      2200 SH       DEFINED    01           2200       0        0
BIOGEN INC                       COMMON   090597105     1689     21440 SH       DEFINED    01              0       0    21440
BIOGEN INC                       COMMON   090597105    16320    207079 SH       DEFINED    01         207079       0        0
BIOPOOL INTERNATIONAL INC        COMMON   090649104       35     40000 SH       DEFINED    01              0       0    40000
BLACKROCK NEW JERSEY INVT        COMMON   09247C107      985     72300 SH       DEFINED    01              0       0    72300
BLACKROCK 1999 TERM TRUST INC    COMMON   09247T100     2931    293100 SH       DEFINED    01         293100       0        0
BLACKROCK 2001 TERM TRUST INC    COMMON   092477108    19070   2118900 SH       DEFINED    01        2118900       0        0
H & R BLOCK INC                  COMMON   093671105     1020     23500 SH       DEFINED    01          23500       0        0
BOEING CO                        COMMON   097023105      707     16600 SH       DEFINED    01              0       0    16600
BOEING CO                        COMMON   097023105     1018     23900 SH       DEFINED    01          23900       0        0
BOMBAY CO INC                    COMMON   097924104      481     95200 SH       DEFINED    01          95200       0        0
BORDEN CHEMICALS & PLASTICS LP   COMMON   099541203       24      6000 SH       DEFINED    01              0       0     6000
BORDEN CHEMICALS & PLASTICS LP   COMMON   099541203       17      4200 SH       DEFINED    01           4200       0        0
BOSTON PROPERTIES INC            REIT     101121101     1748     56969 SH       DEFINED    01          56969       0        0
***BOUYGUES OFFSHORE SA          ADR      102112109      193     10000 SH       DEFINED    01          10000       0        0
BOWATER INC                      COMMON   102183100      507      9667 SH       DEFINED    01           9667       0        0
BRISTOL MYERS SQUIBB CO          COMMON   110122108       35       530 SH       DEFINED    01              0       0      530
BRISTOL MYERS SQUIBB CO          COMMON   110122108      651      9650 SH       DEFINED    01           9650       0        0
***BRITISH SKY BROADCASTING      ADR      111013108     2553     44608 SH       DEFINED    01          44608       0        0
BROOKTROUT INC                   COMMON   114580103      152     11000 SH       DEFINED    01          11000       0        0
BUCKEYE PARTNERS LP              COMMON   118230101      270     10000 SH       DEFINED    01              0       0    10000
***BUENOS AIRES EMBOTELLADORA    ADR      119424208        0       805 SH       DEFINED    01              0       0      805
***BUENOS AIRES EMBOTELLADORA    ADR      119424208       16     16386 SH       DEFINED    01          16386       0        0
BURLINGTON NORTHERN SANTA FE     COMMON   12189T104      902     32800 SH       DEFINED    01          32800       0        0
BURLINGTON RESOURCES INC         COMMON   122014103     3899    106114 SH       DEFINED    01         106114       0        0
BURNHAM PACIFIC PROPERTIES INC   REIT     12232C108       31      3000 SH       DEFINED    01              0       0     3000
BURNHAM PACIFIC PROPERTIES INC   REIT     12232C108      992     94005 SH       DEFINED    01          94005       0        0
CBS CORP                         COMMON   12490K107     1413     30555 SH       DEFINED    01          30555       0        0
CD RADIO INC                     COMMON   125127100     2761    108300 SH       DEFINED    01         108300       0        0
CIT GROUP INC-CL A               COMMON   125577106      565     27500 SH       DEFINED    01          27500       0        0
CML GROUP INC                    COMMON   125820100        0     50000 SH       DEFINED    01          50000       0        0
CSX CORP                         COMMON   126408103     2745     64800 SH       DEFINED    01          64800       0        0
***CABLE & WIRELESS PLC          ADR      126830207     6720    202895 SH       DEFINED    01         202895       0        0
CADENCE DESIGN SYSTEMS INC       COMMON   127387108      282     21295 SH       DEFINED    01          21295       0        0
CALPINE CORP                     COMMON   131347106       28       330 SH       DEFINED    01              0       0      330
CALPINE CORP                     COMMON   131347106      226      2665 SH       DEFINED    01           2665       0        0
CAMBRIDGE TECHNOLOGY PARTNERS    COMMON   132524109      217     15000 SH       DEFINED    01              0       0    15000
CAMBRIDGE TECHNOLOGY PARTNERS    COMMON   132524109       75      5188 SH       DEFINED    01           5188       0        0
CAPSTAR HOTEL CORP               CBONDCNV 140918AC7      728    974000 SH       DEFINED    01         974000       0        0
CAROLINA POWER & LIGHT CO        COMMON   144141108      286      8100 SH       DEFINED    01           8100       0        0
CASH AMERICA INTERNATIONAL INC   COMMON   14754D100      518     54900 SH       DEFINED    01          54900       0        0
CATERPILLAR INC                  COMMON   149123101     3787     69100 SH       DEFINED    01          69100       0        0
CENDANT CORP                     COMMON   151313103    19425   1094400 SH       DEFINED    01        1094400       0        0
CENTERPOINT PROPERTIES TRUST     REIT     151895109       19       600 SH       DEFINED    01              0       0      600
CENTERPOINT PROPERTIES TRUST     REIT     151895109      324      9814 SH       DEFINED    01           9814       0        0
CENTOCOR INC                     COMMON   152342101    21050    359457 SH       DEFINED    01         359457       0        0
CENTRAL & SOUTH WEST CORP        COMMON   152357109      262     12425 SH       DEFINED    01          12425       0        0
CHAMPION INTERNATIONAL CORP      COMMON   158525105     3555     69200 SH       DEFINED    01          69200       0        0
CHARTER ONE FINANCIAL INC        COMMON   160903100      370     16037 SH       DEFINED    01          16037       0        0
CHASE MANHATTAN CORP NEW         COMMON   16161A108       64       850 SH       DEFINED    01              0       0      850
CHASE MANHATTAN CORP NEW         COMMON   16161A108    16216    215150 SH       DEFINED    01         215150       0        0
CHATEAU COMMUNITIES INC          REIT     161726104      285     10975 SH       DEFINED    01          10975       0        0
CHEVRON CORP                     COMMON   166751107      523      5900 SH       DEFINED    01           5900       0        0
CHIQUITA BRANDS INTERNATIONAL    PREFCONV 170032502      818     26400 SH       DEFINED    01          26400       0        0
CHIRON CORP                      COMMON   170040109     2367     85509 SH       DEFINED    01          85509       0        0
CHROMATICS COLOR SCIENCES        COMMON   171116304      156     20000 SH       DEFINED    01              0       0    20000
CINCINNATI BELL INC              COMMON   171870108      286     14738 SH       DEFINED    01          14738       0        0
CISCO SYSTEMS INC                COMMON   17275R102     5203     75900 SH       DEFINED    01              0       0    75900
CISCO SYSTEMS INC                COMMON   17275R102    32608    475600 SH       DEFINED    01         475600       0        0
CINTAS CORP                      COMMON   172908105      556      9633 SH       DEFINED    01           9633       0        0
CITRIX SYSTEMS INC               COMMON   177376100      154      2500 SH       DEFINED    01              0       0     2500
CITRIX SYSTEMS INC               COMMON   177376100      475      7672 SH       DEFINED    01           7672       0        0
CITY NATIONAL CORP               COMMON   178566105      807     24067 SH       DEFINED    01          24067       0        0
CLAYTON HOMES INC                COMMON   184190106      109     12625 SH       DEFINED    01          12625       0        0
CLEAR CHANNEL COMMUNICATIONS     COMMON   184502102       83      1050 SH       DEFINED    01              0    1050
CLEAR CHANNEL COMMUNICATIONS     COMMON   184502102     1573     19700 SH       DEFINED    01          19700       0        0
CLOSURE MEDICAL CORP             COMMON   189093107      273     20200 SH       DEFINED    01              0       0    20200
CLOSURE MEDICAL CORP             COMMON   189093107       17      1271 SH       DEFINED    01           1271       0        0
COASTAL CORP                     COMMON   190441105      368      9000 SH       DEFINED    01           9000       0        0
COCA COLA CO                     COMMON   191216100     2032     42280 SH       DEFINED    01              0       0    42280
COCA COLA CO                     COMMON   191216100     2744     57100 SH       DEFINED    01          57100       0        0
COLGATE PALMOLIVE CO             COMMON   194162103      187      4100 SH       DEFINED    01           4100       0        0
COLONIAL PROPERTIES TRUST        PREFERED 195872205      754     33000 SH       DEFINED    01              0       0    33000
COLONIAL PROPERTIES TRUST        REIT     195872106      267     10000 SH       DEFINED    01              0       0    10000
COLONIAL PROPERTIES TRUST        REIT     195872106       74      2786 SH       DEFINED    01           2786       0        0
COLUMBIA/HCA HEALTHCARE CORP     COMMON   197677107        0        45 SH       DEFINED    01              0       0       45
COLUMBIA/HCA HEALTHCARE CORP     COMMON   197677107     7063    333362 SH       DEFINED    01         333362       0        0
COMCAST CORP-SPECIAL CL A        CLASS    200300200      807     20261 SH       DEFINED    01          20261       0        0
COMDISCO INC                     COMMON   200336105      258     13378 SH       DEFINED    01          13378       0        0
COMMERCE GROUP INC-MASS          COMMON   200641108      669     29100 SH       DEFINED    01          29100       0        0
***COMPANIA DE TELECOMUNICACI-   ADR      204449300      315     17460 SH       DEFINED    01          17460       0        0
COMPASS BANCSHARES INC           COMMON   20449H109      246      9859 SH       DEFINED    01           9859       0        0
COMPAQ COMPUTER CORP             COMMON   204493100      364     15874 SH       DEFINED    01              0       0    15874
COMPAQ COMPUTER CORP             COMMON   204493100     2997    130674 SH       DEFINED    01         130674       0        0
COMPUSA INC                      COMMON   204932107       88     14406 SH       DEFINED    01          14406       0        0
COMPUTER MARKETPLACE INC NEW     COMMON   205216302      114     16304 SH       DEFINED    01          16304       0        0
COMVERSE TECHNOLOGY INC NEW      COMMON   205862402      743      7882 SH       DEFINED    01              0       0     7882
COMVERSE TECHNOLOGY INC NEW      COMMON   205862402     1015     10772 SH       DEFINED    01          10772       0        0
COMVERSE TECHNOLOGY INC          CBONDCNV 205862AE5    14224   4611000 SH       DEFINED    01        4611000       0        0
CONAGRA INC                      COMMON   205887102       18       814 SH       DEFINED    01              0       0      814
CONAGRA INC                      COMMON   205887102     1298     57573 SH       DEFINED    01          57573       0        0
CONCORD EFS INC                  COMMON   206197105      367     17811 SH       DEFINED    01          17811       0        0
***CONCORDIA PAPER HOLDINGS      ADR      206575102       20     50390 SH       DEFINED    01          50390       0        0
***CONSECO INC                   COMMON   208464107      189      9800 SH       DEFINED    01           9800       0        0
CONSOLIDATED EDISON INC          COMMON   209115104      371      8951 SH       DEFINED    01           8951       0        0
CONSOLIDATED PAPERS INC          COMMON   209759109      213      7945 SH       DEFINED    01           7945       0        0
COOPER CAMERON CORP              COMMON   216640102      445     11800 SH       DEFINED    01          11800       0        0
CORNERSTONE PROPERTIES INC       REIT     21922H103       83      5500 SH       DEFINED    01              0       0     5500
CORNERSTONE PROPERTIES INC       REIT     21922H103      222     14560 SH       DEFINED    01          14560       0        0
COVANCE INC                      COMMON   222816100      117     12136 SH       DEFINED    01          12136       0        0
CRESCENT REAL ESTATE EQUITIES    REIT     225756105     1870    103908 SH       DEFINED    01         103908       0        0
CRIIMI MAE INC-10.875% CUM       PREFCONV 226603207     2180    119500 SH       DEFINED    01         119500       0        0
CYMER INC                        COMMON   232572107      669     19291 SH       DEFINED    01          19291       0        0
CYPRESS SEMICONDUCTOR CORP       COMMON   232806109      223     10373 SH       DEFINED    01          10373       0        0
DPL INC                          COMMON   233293109      244     13862 SH       DEFINED    01          13862       0        0
D R HORTON INC                   COMMON   23331A109     2333    180351 SH       DEFINED    01              0       0   180351
D R HORTON INC                   COMMON   23331A109       28      2200 SH       DEFINED    01           2200       0        0
DST SYSTEMS INC-DEL              COMMON   233326107      380      6685 SH       DEFINED    01           6685       0        0
DANA CORP                        COMMON   235811106     2569     69200 SH       DEFINED    01          69200       0        0
DAYTON HUDSON CORP               COMMON   239753106      510      8500 SH       DEFINED    01           8500       0        0
DEAN FOODS CO                    COMMON   242361103      223      5131 SH       DEFINED    01           5131       0        0
DEERE & CO                       COMMON   244199105     3447     89100 SH       DEFINED    01          89100       0        0
DELL COMPUTER CORP               COMMON   247025109     1795     42930 SH       DEFINED    01              0       0    42930
DELL COMPUTER CORP               COMMON   247025109    73971   1769131 SH       DEFINED    01        1769131       0        0
DELTA & PINE LAND CO             COMMON   247357106      238      9200 SH       DEFINED    01           9200       0        0
DIAL CORP NEW                    COMMON   25247D101      227      8932 SH       DEFINED    01           8932       0        0
DIAMOND OFFSHORE DRILLING INC    COMMON   25271C102      380     11400 SH       DEFINED    01          11400       0        0
DIAMOND OFFSHORE DRILLING INC    CBONDCNV 25271CAA0      563    537000 SH       DEFINED    01         537000       0        0
DIME BANCORP INC NEW             COMMON   25429Q102      329     18812 SH       DEFINED    01          18812       0        0
WALT DISNEY CO HOLDING CO        COMMON   254687106      392     15150 SH       DEFINED    01              0       0    15150
WALT DISNEY CO HOLDING CO        COMMON   254687106     1306     50500 SH       DEFINED    01          50500       0        0
DOLLAR TREE STORES INC           COMMON   256747106      216      5410 SH       DEFINED    01           5410       0        0
DOMINION RESOURCES INC-VA        COMMON   257470104      217      4824 SH       DEFINED    01           4824       0        0
DONALDSON LUFKIN & JENRETTE      COMMON   257661108      419     10600 SH       DEFINED    01          10600       0        0
DOW CHEMICAL CO                  COMMON   260543103        2        25 SH       DEFINED    01              0       0       25
DOW CHEMICAL CO                  COMMON   260543103     3653     32150 SH       DEFINED    01          32150       0        0
E I DU PONT DE NEMOURS & CO      COMMON   263534109     2716     44631 SH       DEFINED    01          44631       0        0
DUKE WEEKS REALTY CORP           REIT     264411505     2014    103318 SH       DEFINED    01         103318       0        0
DYNATRONICS CORP                 COMMON   268157104       49     50600 SH       DEFINED    01          50600       0        0
EMC CORP-MASS                    COMMON   268648102       28       400 SH       DEFINED    01              0       0      400
EMC CORP-MASS                    COMMON   268648102      773     10822 SH       DEFINED    01          10822       0        0
ENSCO INTERNATIONAL INC          COMMON   26874Q100      223     12393 SH       DEFINED    01          12393       0        0
E TRADE GROUP INC                COMMON   269246104       33      1440 SH       DEFINED    01              0       0     1440
E TRADE GROUP INC                COMMON   269246104      907     38607 SH       DEFINED    01          38607       0        0
EASTMAN KODAK CO                 COMMON   277461109      294      3900 SH       DEFINED    01           3900       0        0
EATON CORP                       COMMON   278058102     3409     39500 SH       DEFINED    01          39500       0        0
ECHOSTAR COMMUNICATIONS CORP     COMMON   278762109       22       250 SH       DEFINED    01              0       0      250
ECHOSTAR COMMUNICATIONS CORP     COMMON   278762109    30231    332900 SH       DEFINED    01         332900       0        0
A G EDWARDS INC                  COMMON   281760108      434     16456 SH       DEFINED    01          16456       0        0
ELECTRIC LIGHTWAVE INC-CL A      COMMON   284895109      132     10000 SH       DEFINED    01              0       0    10000
ELECTRIC LIGHTWAVE INC-CL A      COMMON   284895109       15      1151 SH       DEFINED    01           1151       0        0
ELECTROGLAS INC                  COMMON   285324109      234     10017 SH       DEFINED    01          10017       0        0
ELECTRONIC ARTS INC              COMMON   285512109     1861     25721 SH       DEFINED    01          25721       0        0
ELECTRONICS FOR IMAGING INC      COMMON   286082102       38       750 SH       DEFINED    01              0       0      750
ELECTRONICS FOR IMAGING INC      COMMON   286082102     1306     25413 SH       DEFINED    01          25413       0        0
***EMPRESA NACIONAL DE ELECTR-   ADR      29244T101      295     22700 SH       DEFINED    01          22700       0        0
***ENERSIS SA-SPONSORED ADR      ADR      29274F104      327     15710 SH       DEFINED    01          15710       0        0
ENTREMED INC                     COMMON   29382F103      735     34000 SH       DEFINED    01              0       0    34000
EQUITY OFFICE PROPERTIES TRUST   REIT     294741103       18       806 SH       DEFINED    01              0       0      806
EQUITY OFFICE PROPERTIES TRUST   REIT     294741103     3368    144882 SH       DEFINED    01         144882       0        0
EQUITY RESIDENTIAL PROPERTIES    REIT     29476L107      979     23112 SH       DEFINED    01          23112       0        0
***L M ERICSSON TELEPHONE CO     ADR      294821400      203      6500 SH       DEFINED    01           6500       0        0
EVEREN CAPITAL CORP              COMMON   299761106       26       900 SH       DEFINED    01            900       0        0
EXXON CORP                       COMMON   302290101       41       550 SH       DEFINED    01              0       0      550
EXXON CORP                       COMMON   302290101    50371    663325 SH       DEFINED    01         663325       0        0
FPL GROUP INC                    COMMON   302571104      443      8810 SH       DEFINED    01           8810       0        0
FAMILY DOLLAR STORES INC         COMMON   307000109      327     15489 SH       DEFINED    01          15489       0        0
FDX CORP                         COMMON   31304N107      166      4300 SH       DEFINED    01              0       0     4300
FDX CORP                         COMMON   31304N107     2480     64000 SH       DEFINED    01          64000       0        0
FREDDIE MAC-VOTING COMMON        COMMON   313400301      104      2000 SH       DEFINED    01              0       0     2000
FREDDIE MAC-VOTING COMMON        COMMON   313400301      540     10400 SH       DEFINED    01          10400       0        0
FEDERAL MOGUL CORP               COMMON   313549107      954     34635 SH       DEFINED    01          34635       0        0
FANNIE MAE                       COMMON   313586109     2778     44330 SH       DEFINED    01              0       0    44330
FANNIE MAE                       COMMON   313586109     2129     33969 SH       DEFINED    01          33969       0        0
C WTS FEDERATED DEPARTMENT       WARRANT  31410H119      188     10000 SH       DEFINED    01          10000       0        0
FINOVA GROUP INC                 COMMON   317928109      412     11298 SH       DEFINED    01          11298       0        0
FIRST AMERICAN CORP-TENN         COMMON   318900107      115      2700 SH       DEFINED    01           2700       0        0
FIRST SECURITY CORP-DEL          COMMON   336294103      405     17056 SH       DEFINED    01          17056       0        0
FIRST TENNESSEE NATIONAL CORP    COMMON   337162101      321     11442 SH       DEFINED    01          11442       0        0
FIRST UNION CORP                 COMMON   337358105        4       125 SH       DEFINED    01              0       0      125
FIRST UNION CORP                 COMMON   337358105     3414     96025 SH       DEFINED    01          96025       0        0
FISERV INC                       COMMON   337738108      350     10793 SH       DEFINED    01          10793       0        0
FLAGSTAR BANCORP INC             COMMON   337930101      241     15737 SH       DEFINED    01          15737       0        0
FLEET FINANCIAL GROUP INC NEW    COMMON   338915101        1        50 SH       DEFINED    01              0       0       50
FLEET FINANCIAL GROUP INC NEW    COMMON   338915101     1452     39650 SH       DEFINED    01          39650       0        0
FLUSHING FINANCIAL CORP          COMMON   343873105      241     15031 SH       DEFINED    01              0       0    15031
FORD MOTOR CO                    COMMON   345370100     2540     50615 SH       DEFINED    01              0       0    50615
FORD MOTOR CO                    COMMON   345370100     5171    103050 SH       DEFINED    01         103050       0        0
FOREST LABORATORIES INC          COMMON   345838106      677     16088 SH       DEFINED    01          16088       0        0
FOUNDATION HEALTH SYSTEMS INC    CLASS    350404109      100     10677 SH       DEFINED    01          10677       0        0
FREEPORT MCMORAN COPPER & GOLD   COMMON   35671D857     1878    120700 SH       DEFINED    01         120700       0        0
GTE CORP                         COMMON   362320103      999     13000 SH       DEFINED    01          13000       0        0
***GENENTECH INCORP CV           CEUROCNV 368710AA7       91     95000 SH       DEFINED    01          95000       0        0
GENERAL ELECTRIC CO              COMMON   369604103      393      3320 SH       DEFINED    01              0       0     3320
GENERAL ELECTRIC CO              COMMON   369604103      698      5895 SH       DEFINED    01           5895       0        0
GENERAL GROWTH PROPERTIES INC    REIT     370021107       31      1000 SH       DEFINED    01              0       0     1000
GENERAL GROWTH PROPERTIES INC    REIT     370021107   109018   3460895 SH       DEFINED    01        3460895       0        0
GENERAL INSTRUMENT CORP-DEL      COMMON   370120107     2706     56236 SH       DEFINED    01              0       0    56236
GENERAL INSTRUMENT CORP-DEL      COMMON   370120107     1838     38200 SH       DEFINED    01          38200       0        0
GENERAL MOTORS CORP              COMMON   370442105    14274    226800 SH       DEFINED    01         226800       0        0
GENZYME CORP-GENERAL DIVISION    COMMON   372917104       90      2000 SH       DEFINED    01              0       0     2000
GENZYME CORP-GENERAL DIVISION    COMMON   372917104      628     13955 SH       DEFINED    01          13955       0        0
GEORGIA PACIFIC CORP             COMMON   373298108        0         2 SH       DEFINED    01              0       0        2
GEORGIA PACIFIC CORP             COMMON   373298108     7196    177700 SH       DEFINED    01         177700       0        0
GEOTEK COMMUNICATIONS INC        COMMON   373654102        2    143307 SH       DEFINED    01         143307       0        0
GILEAD SCIENCES INC              COMMON   375558103      231      3600 SH       DEFINED    01           3600       0        0
GILLETTE CO                      COMMON   375766102      475     14000 SH       DEFINED    01              0       0    14000
GILLETTE CO                      COMMON   375766102     3491    102883 SH       DEFINED    01         102883       0        0
***GLAXO WELLCOME PLC            ADR      37733W105      317      6100 SH       DEFINED    01           6100       0        0
GLOBAL MARINE INC NEW            COMMON   379352404      378     23016 SH       DEFINED    01          23016       0        0
GLOBAL TELESYSTEMS GROUP INC     COMMON   37936U104      293     14870 SH       DEFINED    01          14870       0        0
GOLDEN STATE BANCORP INC         COMMON   381197102      403     22500 SH       DEFINED    01          22500       0        0
GOLDEN WEST FINANCIAL CORP-DEL   COMMON   381317106     2033     20700 SH       DEFINED    01          20700       0        0
GOODYEAR TIRE & RUBBER CO        COMMON   382550101     2743     57000 SH       DEFINED    01          57000       0        0
GREENPOINT FINANCIAL CORP        COMMON   395384100      856     32255 SH       DEFINED    01          32255       0        0
*** GRUPO TELEVISA SA DE CVGDS   ADR      40049J206     1960     49100 SH       DEFINED    01          49100       0        0
GUIDANT CORP                     COMMON   401698105      327      6100 SH       DEFINED    01           6100       0        0
HCC INSURANCE HOLDINGS INC       COMMON   404132102      374     22300 SH       DEFINED    01          22300       0        0
HNC SOFTWARE INC                 CBONDCNV 40425PAA5      553    500000 SH       DEFINED    01         500000       0        0
HALLIBURTON CO                   COMMON   406216101      328      8000 SH       DEFINED    01           8000       0        0
HAMBRECHT & QUIST GROUP INC      COMMON   406545103      264      5400 SH       DEFINED    01           5400       0        0
HANNAFORD BROS CO                COMMON   410550107      265      3764 SH       DEFINED    01           3764       0        0
HANOVER COMPRESSOR CO            COMMON   410768105     1527     48000 SH       DEFINED    01          48000       0        0
HANOVER DIRECT INC               COMMON   410783104      179     70000 SH       DEFINED    01              0       0    70000
HARLEY DAVIDSON INC              COMMON   412822108      776     15513 SH       DEFINED    01          15513       0        0
HARNISCHFEGER INDUSTRIES INC     COMMON   413345109       20     20600 SH       DEFINED    01          20600       0        0
HEALTHSOUTH CORP                 COMMON   421924101       12      2000 SH       DEFINED    01              0       0     2000
HEALTHSOUTH CORP                 COMMON   421924101      279     46174 SH       DEFINED    01          46174       0        0
HEALTH MANAGEMENT ASSOCIATES     CLASS    421933102      201     27290 SH       DEFINED    01          27290       0        0
***H J HEINZ CO                  COMMON   423074103      748     17400 SH       DEFINED    01          17400       0        0
HEWLETT PACKARD CO               COMMON   428236103      145      1580 SH       DEFINED    01              0       0     1580
HEWLETT PACKARD CO               COMMON   428236103     4556     49525 SH       DEFINED    01          49525       0        0
HEXCEL CORP NEW                  COMMON   428291108      186     32000 SH       DEFINED    01          32000       0        0
HIBERNIA CORP-CL A               CLASS    428656102       11      1000 SH       DEFINED    01              0       0     1000
HIBERNIA CORP-CL A               CLASS    428656102      266     22895 SH       DEFINED    01          22895       0        0
HILTON HOTELS CORP               COMMON   432848109       98     10000 SH       DEFINED    01              0       0    10000
HILTON HOTELS CORP               COMMON   432848109       35      3600 SH       DEFINED    01           3600       0        0
***HILTON HOTELS CORP            CFGNCNV  432848AL3      477    589000 SH       DEFINED    01         589000       0        0
HOME DEPOT INC                   COMMON   437076102      480      7000 SH       DEFINED    01              0       0     7000
HOME DEPOT INC                   COMMON   437076102      343      5000 SH       DEFINED    01           5000       0        0
HOME PROPERTIES OF NEW YORK      REIT     437306103      586     21987 SH       DEFINED    01          21987       0        0
HONEYWELL INC                    COMMON   438506107       11       100 SH       DEFINED    01              0       0      100
HONEYWELL INC                    COMMON   438506107     4341     39000 SH       DEFINED    01          39000       0        0
HORMEL FOODS CORP                COMMON   440452100      260      6294 SH       DEFINED    01           6294       0        0
HUBBELL INC-CL B                 CLASS    443510201      310      9749 SH       DEFINED    01           9749       0        0
HYBRID NETWORKS INC              COMMON   44860K102      158     20000 SH       DEFINED    01          20000       0        0
IMC GLOBAL INC                   COMMON   449669100      154     10634 SH       DEFINED    01          10634       0        0
IRI INTERNATIONAL CORP           COMMON   45004F107     1727    368500 SH       DEFINED    01         368500       0        0
IXC COMMUNICATIONS INC           COMMON   450713102      260      6600 SH       DEFINED    01           6600       0        0
IDEXX LABORATORIES CORP          COMMON   45168D104      230     13408 SH       DEFINED    01          13408       0        0
IKON OFFICE SOLUTIONS INC        COMMON   451713101      138     13000 SH       DEFINED    01              0       0    13000
ILLINOVA CORP                    COMMON   452317100      297     10586 SH       DEFINED    01          10586       0        0
***INCO LTD                      COMMON   453258402       85      4000 SH       DEFINED    01              0       0     4000
***INCO LTD                      COMMON   453258402      226     10600 SH       DEFINED    01          10600       0        0
INDUS INTERNATIONAL INC          COMMON   45578L100    20372   3880418 SH       DEFINED    01              0       0  3880418
INDUS INTERNATIONAL INC          COMMON   45578L100       13      2559 SH       DEFINED    01           2559       0        0
INFORMIX CORP                    COMMON   456779107      140     17740 SH       DEFINED    01          17740       0        0
INGERSOLL RAND CO                COMMON   456866102     3439     62600 SH       DEFINED    01          62600       0        0
INGRAM MICRO INC-CL A            CLASS    457153104     4871    378400 SH       DEFINED    01         378400       0        0
INHALE THERAPEUTIC SYSTEMS INC   COMMON   457191104      349     11500 SH       DEFINED    01              0       0    11500
INHALE THERAPEUTIC SYSTEMS INC   COMMON   457191104       91      2999 SH       DEFINED    01           2999       0        0
INTEGRATED DEVICE TECHNOLOGY     COMMON   458118106     1063     57500 SH       DEFINED    01              0       0    57500
INTEGRATED DEVICE TECHNOLOGY     COMMON   458118106      155      8428 SH       DEFINED    01           8428       0        0
INTEGRATED SECURITY SYSTEMS      COMMON   45812J101      248    529000 SH       DEFINED    01         529000       0        0
INTEL CORP                       COMMON   458140100     3620     48720 SH       DEFINED    01              0       0    48720
INTEL CORP                       COMMON   458140100   118737   1597811 SH       DEFINED    01        1597811       0        0
INTERMEDIA COMMUNICATIONS INC    COMMON   458801107      262     12078 SH       DEFINED    01          12078       0        0
INTERNATIONAL BUSINESS           COMMON   459200101      236      1952 SH       DEFINED    01              0       0     1952
INTERNATIONAL BUSINESS           COMMON   459200101     2060     16980 SH       DEFINED    01          16980       0        0
INTL FAST FOOD CORP              COMMON   45950Q107       25     30636 SH       DEFINED    01          30636       0        0
INTL GAME TECHNOLOGY             COMMON   459902102     1058     58792 SH       DEFINED    01          58792       0        0
INTERNATIONAL PAPER CO           COMMON   460146103     3960     82400 SH       DEFINED    01          82400       0        0
INTERNATIONAL TELECOMMUNI-       COMMON   46047F104      105     12500 SH       DEFINED    01              0       0    12500
INTUIT INC                       COMMON   461202103     1050     11990 SH       DEFINED    01          11990       0        0
***IONA TECHNOLOGIES PLC         ADR      46206P109     2776    215689 SH       DEFINED    01         215689       0        0
JDN REALTY CORP                  REIT     465917102      226     11045 SH       DEFINED    01          11045       0        0
JABIL CIRCUIT INC                COMMON   466313103      410      8293 SH       DEFINED    01           8293       0        0
JOHNSON & JOHNSON                COMMON   478160104      236      2575 SH       DEFINED    01              0       0     2575
JOHNSON & JOHNSON                COMMON   478160104     1118     12170 SH       DEFINED    01          12170       0        0
JONES APPAREL GROUP INC          COMMON   480074103      721     25094 SH       DEFINED    01          25094       0        0
KLA-TENCOR CORP                  COMMON   482480100     2616     40247 SH       DEFINED    01              0       0    40247
KLA-TENCOR CORP                  COMMON   482480100     1443     22200 SH       DEFINED    01          22200       0        0
K N ENERGY INC                   COMMON   482620101      249     11103 SH       DEFINED    01          11103       0        0
KEY ENERGY SERVICES INC          COMMON   492914106        1       220 SH       DEFINED    01              0       0      220
KEY ENERGY SERVICES INC          COMMON   492914106     1853    375300 SH       DEFINED    01         375300       0        0
KILROY REALTY CORP               REIT     49427F108      206      9790 SH       DEFINED    01           9790       0        0
KIMBERLY CLARK CORP              COMMON   494368103        8       160 SH       DEFINED    01              0       0      160
KIMBERLY CLARK CORP              COMMON   494368103     1818     34645 SH       DEFINED    01          34645       0        0
KIMCO REALTY CORP                REIT     49446R109     1666     46609 SH       DEFINED    01          46609       0        0
KNIGHT-RIDDER INC                COMMON   499040103     2891     52700 SH       DEFINED    01          52700       0        0
*** KOREA ELECTRIC POWER CORP    CBONDCNV 500631AF3      486    500000 SH       DEFINED    01         500000       0        0
***LASMO PLC-SPONSORED ADR       ADR      501730303     1152     46800 SH       DEFINED    01          46800       0        0
LG&E ENERGY CORP                 COMMON   501917108      359     16934 SH       DEFINED    01          16934       0        0
LADISH CO INC NEW                COMMON   505754200      487     75018 SH       DEFINED    01          75018       0        0
LEAR CORP                        COMMON   521865105     1154     32802 SH       DEFINED    01          32802       0        0
LEATHER FACTORY INC              COMMON   522126101       24     32672 SH       DEFINED    01          32672       0        0
LEGATO SYSTEMS INC               COMMON   524651106      313      7191 SH       DEFINED    01           7191       0        0
LEGGETT & PLATT INC              COMMON   524660107      393     19983 SH       DEFINED    01          19983       0        0
LEGG MASON INC                   COMMON   524901105      252      6600 SH       DEFINED    01           6600       0        0
LEHMAN BROTHERS HOLDINGS INC     COMMON   524908100      713     12228 SH       DEFINED    01              0       0    12228
LEHMAN BROTHERS HOLDINGS INC     COMMON   524908100      235      4041 SH       DEFINED    01           4041       0        0
LEUCADIA NATIONAL CORP           COMMON   527288104      222     10600 SH       DEFINED    01          10600       0        0
ELI LILLY & CO                   COMMON   532457108     2626     41038 SH       DEFINED    01              0       0    41038
ELI LILLY & CO                   COMMON   532457108     1990     31100 SH       DEFINED    01          31100       0        0
LIMITED INC                      COMMON   532716107    12465    325900 SH       DEFINED    01         325900       0        0
LINCOLN NATIONAL CORP-IND        COMMON   534187109      285      7600 SH       DEFINED    01           7600       0        0
LINEAR TECHNOLOGY CORP           COMMON   535678106     1050     17876 SH       DEFINED    01          17876       0        0
LINENS N THINGS INC              COMMON   535679104      340     10100 SH       DEFINED    01          10100       0        0
LITTON INDUSTRIES INC            COMMON   538021106      216      3951 SH       DEFINED    01           3951       0        0
LOCKHEED MARTIN CORP             COMMON   539830109        3       102 SH       DEFINED    01              0       0      102
LOCKHEED MARTIN CORP             COMMON   539830109      205      6285 SH       DEFINED    01           6285       0        0
LOEHMANNS INC NEW                COMMON   540417102        1      8380 SH       DEFINED    01              0       0     8380
LOEHMANNS INC NEW                COMMON   540417102        0      2450 SH       DEFINED    01           2450       0        0
LONE STAR INDUSTRIES INC NEW     COMMON   542290408      214      4300 SH       DEFINED    01           4300       0        0
WTS LONE STAR INDUSTRIES INC     WARRANT  542290119    23638    292738 SH       DEFINED    01         292738       0        0
LOWES COMPANIES INC              COMMON   548661107        6       125 SH       DEFINED    01              0       0      125
LOWES COMPANIES INC              COMMON   548661107      210      4325 SH       DEFINED    01           4325       0        0
LUCENT TECHNOLOGIES INC          COMMON   549463107       87      1348 SH       DEFINED    01              0       0     1348
LUCENT TECHNOLOGIES INC          COMMON   549463107      929     14320 SH       DEFINED    01          14320       0        0
LYCOS INC                        COMMON   550818108      234      4682 SH       DEFINED    01           4682       0        0
LYONDELL CHEMICAL COMPANY        COMMON   552078107      245     18363 SH       DEFINED    01          18363       0        0
MBNA CORP                        COMMON   55262L100      115      5062 SH       DEFINED    01              0       0     5062
MBNA CORP                        COMMON   55262L100     1022     44800 SH       DEFINED    01          44800       0        0
MCN ENERGY GROUP INC             COMMON   55267J100      190     11056 SH       DEFINED    01          11056       0        0
MDU RESOURCES GROUP INC          COMMON   552690109      504     22400 SH       DEFINED    01          22400       0        0
MACERICH CO                      REIT     554382101     1936     83727 SH       DEFINED    01          83727       0        0
MACK-CALI REALTY CORP            REIT     554489104     2241     83606 SH       DEFINED    01          83606       0        0
***MACMILLAN BLOEDEL LTD         ADR      554783209        7       500 SH       DEFINED    01            500       0        0
MAGNA INTERNATIONAL INC          CBONDCNV 559222AF1       45     50000 SH       DEFINED    01          50000       0        0
MARSH & MCLENNAN COMPANIES INC   COMMON   571748102     6260     91400 SH       DEFINED    01          91400       0        0
MARSHALL & ILSLEY CORP           COMMON   571834100      524      9189 SH       DEFINED    01           9189       0        0
MARTIN MARIETTA MATERIALS INC    COMMON   573284106      377      9464 SH       DEFINED    01           9464       0        0
MASCO CORP                       COMMON   574599106     3047     98300 SH       DEFINED    01          98300       0        0
MASSMUTUAL PARTICIPATION         COMMON   576299101      212     21000 SH       DEFINED    01              0       0    21000
***MATSUSHITA ELECTRIC           ADR      576879209      229      1100 SH       DEFINED    01           1100       0        0
MAXIM INTERGRATED PRODUCTS INC   COMMON   57772K101      749     11874 SH       DEFINED    01          11874       0        0
MAXIMUS INC                      COMMON   577933104       44      1500 SH       DEFINED    01              0       0     1500
MAXIMUS INC                      COMMON   577933104      682     22800 SH       DEFINED    01          22800       0        0
MAYTAG CORP                      COMMON   578592107     3737    112200 SH       DEFINED    01         112200       0        0
MCCORMICK & CO INC NON-VOTING    COMMON   579780206      205      6228 SH       DEFINED    01           6228       0        0
MCDONALDS CORP                   COMMON   580135101      442     10280 SH       DEFINED    01              0       0    10280
MCDONALDS CORP                   COMMON   580135101      396      9210 SH       DEFINED    01           9210       0        0
MCLEODUSA INC-CL A               COMMON   582266102      667     15681 SH       DEFINED    01          15681       0        0
MEDIMMUNE INC                    COMMON   584699102       93       940 SH       DEFINED    01              0       0      940
MEDIMMUNE INC                    COMMON   584699102      487      4889 SH       DEFINED    01           4889       0        0
MEDTRONIC INC                    COMMON   585055106       43      1226 SH       DEFINED    01              0       0     1226
MEDTRONIC INC                    COMMON   585055106     3677    103600 SH       DEFINED    01         103600       0        0
MELLON BANK CORP                 COMMON   585509102      415     12300 SH       DEFINED    01              0       0    12300
MELLON BANK CORP                 COMMON   585509102    19082    565400 SH       DEFINED    01         565400       0        0
MENTOR GRAPHICS CORP             COMMON   587200106     1026    119885 SH       DEFINED    01         119885       0        0
MERCK & CO INC                   COMMON   589331107      467      7210 SH       DEFINED    01              0       0     7210
MERCK & CO INC                   COMMON   589331107     1081     16680 SH       DEFINED    01          16680       0        0
MERRILL LYNCH & CO INC           COMMON   590188108      268      4000 SH       DEFINED    01              0       0     4000
MERRILL LYNCH & CO INC           COMMON   590188108     6853    102000 SH       DEFINED    01         102000       0        0
METRIS COMPANIES INC             COMMON   591598107      326     11100 SH       DEFINED    01          11100       0        0
MICREL INC                       COMMON   594793101      524     12086 SH       DEFINED    01          12086       0        0
MICROSOFT CORP                   COMMON   594918104     3116     34415 SH       DEFINED    01              0       0    34415
MICROSOFT CORP                   COMMON   594918104    94149   1039604 SH       DEFINED    01        1039604       0        0
MICROCHIP TECHNOLOGY INC         COMMON   595017104      227      4431 SH       DEFINED    01           4431       0        0
***UTS MIDLAND BK PLC-1 ADR D1   ADR      597433853      227      9000 SH       DEFINED    01              0       0     9000
MILLENNIUM PHARMACEUTICALS INC   COMMON   599902103      215      3321 SH       DEFINED    01           3321       0        0
MILLS CORP                       REIT     601148109     1452     81525 SH       DEFINED    01          81525       0        0
MINNESOTA MINING & MFG CO        COMMON   604059105      537      5600 SH       DEFINED    01           5600       0        0
MOBIL CORP                       COMMON   607059102    14289    141835 SH       DEFINED    01         141835       0        0
MOLEX INC                        COMMON   608554101      492     13536 SH       DEFINED    01          13536       0        0
MONSANTO CO                      COMMON   611662107        3       100 SH       DEFINED    01              0       0      100
MONSANTO CO                      COMMON   611662107     1049     29400 SH       DEFINED    01          29400       0        0
MONTANA POWER CO                 COMMON   612085100      292      9626 SH       DEFINED    01           9626       0        0
J P MORGAN & CO INC              COMMON   616880100      377      3300 SH       DEFINED    01           3300       0        0
MORGAN STANLEY DEAN WITTER &     COMMON   617446448     7402     83000 SH       DEFINED    01          83000       0        0
MOTOROLA INC                     COMMON   620076109      580      6600 SH       DEFINED    01              0       0     6600
MOTOROLA INC                     COMMON   620076109     8236     93600 SH       DEFINED    01          93600       0        0
MOVIE STAR INC-N.Y.              COMMON   624591103       64     51567 SH       DEFINED    01          51567       0        0
MURPHY OIL CORP                  COMMON   626717102      211      3913 SH       DEFINED    01           3913       0        0
MYLAN LABORATORIES INC           COMMON   628530107      207     11285 SH       DEFINED    01          11285       0        0
NBTY INC                         COMMON   628782104      922    121000 SH       DEFINED    01              0       0   121000
NCR CORP NEW                     COMMON   62886E108      425     12879 SH       DEFINED    01          12879       0        0
NABORS INDUSTRIES INC            COMMON   629568106      364     14585 SH       DEFINED    01          14585       0        0
NATIONAL CITY CORP               COMMON   635405103        2       100 SH       DEFINED    01              0       0      100
NATIONAL CITY CORP               COMMON   635405103     3287    123200 SH       DEFINED    01         123200       0        0
NATIONAL DATA CORP               COMMON   635621105     7020    270000 SH       DEFINED    01         270000       0        0
***NATIONAL WESTMINSTER BANK     ADR      638539700      424     17500 SH       DEFINED    01              0       0    17500
NEORX CORP NEW                   COMMON   640520300       16     10050 SH       DEFINED    01          10050       0        0
NETWORKS ASSOCIATES INC          COMMON   640938106     4644    242841 SH       DEFINED    01         242841       0        0
NEW ENGLAND ELECTRIC SYSTEM      COMMON   644001109      271      5234 SH       DEFINED    01           5234       0        0
NEW ERA OF NETWORKS INC          COMMON   644312100        0        39 SH       DEFINED    01             39       0        0
***NEWS CORP LTD-ADR NEW         ADR      652487703        5       200 SH       DEFINED    01              0       0      200
***NEWS CORP LTD-ADR NEW         ADR      652487703     1032     36300 SH       DEFINED    01          36300       0        0
NEXTEL COMMUNICATIONS INC-CL A   COMMON   65332V103     3057     45088 SH       DEFINED    01          45088       0        0
NEXTLINK COMMUNICATIONS INC      COMMON   65333H707       59      1139 SH       DEFINED    01              0       0     1139
NEXTLINK COMMUNICATIONS INC      COMMON   65333H707      342      6600 SH       DEFINED    01           6600       0        0
***NOKIA CORP-SPONSORED ADR      ADR      654902204      269      3000 SH       DEFINED    01              0       0     3000
***NOKIA CORP-SPONSORED ADR      ADR      654902204      538      6000 SH       DEFINED    01           6000       0        0
NOBLE DRILLING CORP              COMMON   655042109      348     15912 SH       DEFINED    01          15912       0        0
NORDSTROM INC                    COMMON   655664100     1460     54100 SH       DEFINED    01          54100       0        0
NORTH FORK BANCORPORATION INC    COMMON   659424105      390     20013 SH       DEFINED    01          20013       0        0
NORTHEAST UTILITIES              COMMON   664397106      210     11482 SH       DEFINED    01          11482       0        0
NORTHROP GRUMMAN CORP            COMMON   666807102      292      4600 SH       DEFINED    01           4600       0        0
NOVELL INC                       COMMON   670006105      601     29075 SH       DEFINED    01          29075       0        0
NUVEEN PREMIUM INCOME            COMMON   6706K4105      194     15708 SH       DEFINED    01              0       0    15708
OGE ENERGY CORP                  COMMON   670837103      254     11424 SH       DEFINED    01          11424       0        0
NUVEEN NEW JERSEY INVESTMENT     COMMON   670971100     2569    161218 SH       DEFINED    01              0       0   161218
NUVEEN NEW JERSEY PREMIUM        COMMON   67101N106      291     20000 SH       DEFINED    01              0       0    20000
OAK TECHNOLOGY INC               COMMON   671802106       44     10000 SH       DEFINED    01              0       0    10000
OCWEN FINANCIAL CORP             COMMON   675746101       69     10400 SH       DEFINED    01          10400       0        0
OFFICE DEPOT INC                 COMMON   676220106      623     61250 SH       DEFINED    01          61250       0        0
OLD KENT FINANCIAL CORP          COMMON   679833103      400     10794 SH       DEFINED    01          10794       0        0
OLD REPUBLIC INTL CORP           COMMON   680223104      163     11296 SH       DEFINED    01          11296       0        0
OMNICARE INC                     COMMON   681904108       51      5390 SH       DEFINED    01              0       0     5390
OMNICARE INC                     COMMON   681904108       98     10190 SH       DEFINED    01          10190       0        0
ON ASSIGNMENT INC                COMMON   682159108     3168    132022 SH       DEFINED    01              0       0   132022
ON ASSIGNMENT INC                COMMON   682159108        2       109 SH       DEFINED    01            109       0        0
ONYX ACCEPTANCE CORP             COMMON   682914106      165     21726 SH       DEFINED    01          21726       0        0
ORACLE CORP                      COMMON   68389X105      167      3675 SH       DEFINED    01              0       0     3675
ORACLE CORP                      COMMON   68389X105     5422    119185 SH       DEFINED    01         119185       0        0
PPG INDUSTRIES INC               COMMON   693506107      300      5000 SH       DEFINED    01              0       0     5000
PPG INDUSTRIES INC               COMMON   693506107     2826     47100 SH       DEFINED    01          47100       0        0
PACIFICORP                       COMMON   695114108        5       250 SH       DEFINED    01              0       0      250
PACIFICORP                       COMMON   695114108      107      5325 SH       DEFINED    01           5325       0        0
PAINE WEBBER GROUP INC           COMMON   695629105      206      5700 SH       DEFINED    01           5700       0        0
PAIRGAIN TECHNOLOGIES INC        COMMON   695934109      173     13623 SH       DEFINED    01          13623       0        0
PAREXEL INTERNATIONAL CORP       COMMON   699462107      183     20079 SH       DEFINED    01          20079       0        0
***PEC ISRAEL ECONOMIC CORP      COMMON   705098101     1218     35000 SH       DEFINED    01              0       0    35000
***PEC ISRAEL ECONOMIC CORP      COMMON   705098101       13       400 SH       DEFINED    01            400       0        0
PEPSICO INC                      COMMON   713448108      242      8000 SH       DEFINED    01              0       0     8000
PEPSICO INC                      COMMON   713448108     2161     71450 SH       DEFINED    01          71450       0        0
***PERUSAHAAN PERSEROAN          ADR      715684106       96     13876 SH       DEFINED    01          13876       0        0
***PETROLEUM GEO-SERVICES ASA    ADR      716597109     1067     56000 SH       DEFINED    01          56000       0        0
PETSMART INC                     COMMON   716768106       74     20000 SH       DEFINED    01              0       0    20000
PFIZER INC                       COMMON   717081103      596     16605 SH       DEFINED    01              0       0    16605
PFIZER INC                       COMMON   717081103     1036     28840 SH       DEFINED    01          28840       0        0
PHARMACEUTICAL PRODUCT           COMMON   717124101      221     16364 SH       DEFINED    01          16364       0        0
PHELPS DODGE CORP                COMMON   717265102     2852     51800 SH       DEFINED    01          51800       0        0
PHILIP MORRIS COMPANIES INC      COMMON   718154107      611     17900 SH       DEFINED    01              0       0    17900
PHILIP MORRIS COMPANIES INC      COMMON   718154107     3321     97152 SH       DEFINED    01          97152       0        0
***PHILIPPINE LONG DISTANCE      ADR      718252604      321     14800 SH       DEFINED    01          14800       0        0
PHILLIPS PETROLEUM CO            COMMON   718507106     6147    126100 SH       DEFINED    01         126100       0        0
PHOTON DYNAMICS INC              COMMON   719364101     1270     60500 SH       DEFINED    01              0       0    60500
PHOTON DYNAMICS INC              COMMON   719364101       67      3219 SH       DEFINED    01           3219       0        0
PHYSICIAN COMPUTER NETWORK INC   COMMON   71940K109      631    400000 SH       DEFINED    01         400000       0        0
PIER 1 IMPORTS INC               COMMON   720279108      417     61800 SH       DEFINED    01          61800       0        0
PINNACLE WEST CAPITAL CORP       COMMON   723484101      353      9724 SH       DEFINED    01           9724       0        0
PIONEER NATURAL RESOURCES CO     COMMON   723787107      109     10262 SH       DEFINED    01          10262       0        0
POOL ENERGY SERVICES CO          COMMON   732788104     4480    181923 SH       DEFINED    01         181923       0        0
POTOMAC ELECTRIC POWER CO        COMMON   737679100      314     12354 SH       DEFINED    01          12354       0        0
PREMARK INTERNATIONAL INC        COMMON   740459102     2881     57052 SH       DEFINED    01          57052       0        0
PREMIER PARKS INC NEW            COMMON   740540208      101      3500 SH       DEFINED    01              0       0     3500
PREMIER PARKS INC NEW            COMMON   740540208      216      7467 SH       DEFINED    01           7467       0        0
T ROWE PRICE ASSOCIATES INC      COMMON   741477103      289     10535 SH       DEFINED    01          10535       0        0
PROCTER & GAMBLE CO              COMMON   742718109      375      4000 SH       DEFINED    01              0       0     4000
PROCTER & GAMBLE CO              COMMON   742718109     5390     57500 SH       DEFINED    01          57500       0        0
PROFESSIONAL DENTAL              COMMON   74312H100       30     54281 SH       DEFINED    01          54281       0        0
PROGENITOR INC                   COMMON   743188104        1      6000 SH       DEFINED    01              0       0     6000
PROGENITOR INC                   COMMON   743188104       19     77856 SH       DEFINED    01          77856       0        0
WTS PROGENITOR INC               WARRANT  743188112        2     91820 SH       DEFINED    01          91820       0        0
PROMUS HOTEL CORP (HOLDING CO)   COMMON   74342P106     2828     86872 SH       DEFINED    01          86872       0        0
PUBLIC SERVICE ENTERPRISE        COMMON   744573106      250      6483 SH       DEFINED    01           6483       0        0
PUBLIC STORAGE INC               COMMON   74460D109      523     20789 SH       DEFINED    01          20789       0        0
PUGET SOUND ENERGY INC           COMMON   745332106      301     13448 SH       DEFINED    01          13448       0        0
QLOGIC CORP                      COMMON   747277101      217      3122 SH       DEFINED    01           3122       0        0
QUALCOMM INC                     COMMON   747525103     2355     12450 SH       DEFINED    01              0       0    12450
QUALCOMM INC                     COMMON   747525103    24742    130782 SH       DEFINED    01         130782       0        0
QUINTILES TRANSNATIONAL CORP     COMMON   748767100       19      1000 SH       DEFINED    01              0       0     1000
QUINTILES TRANSNATIONAL CORP     COMMON   748767100      880     46292 SH       DEFINED    01          46292       0        0
QWEST COMMUNICATIONS             COMMON   749121109     2257     76370 SH       DEFINED    01              0       0    76370
QWEST COMMUNICATIONS             COMMON   749121109        2        89 SH       DEFINED    01             89       0        0
RATIONAL SOFTWARE CORP NEW       COMMON   75409P202      223      7627 SH       DEFINED    01           7627       0        0
RAYMOND JAMES FINANCIAL INC      COMMON   754730109      245     12300 SH       DEFINED    01          12300       0        0
READERS DIGEST ASSOCIATION INC   CLASS    755267101       43      1500 SH       DEFINED    01              0       0     1500
READERS DIGEST ASSOCIATION INC   CLASS    755267101      307     10529 SH       DEFINED    01          10529       0        0
REALNETWORKS INC                 COMMON   75605L104     1045     10000 SH       DEFINED    01              0       0    10000
REALNETWORKS INC                 COMMON   75605L104       58       561 SH       DEFINED    01            561       0        0
RECKSON ASSOCIATES REALTY CORP   REIT     75621K106     1661     79816 SH       DEFINED    01          79816       0        0
RELIANCE GROUP HOLDINGS INC      COMMON   759464100       50     11300 SH       DEFINED    01          11300       0        0
RELIASTAR FINANCIAL CORP         COMMON   75952U103      309      9312 SH       DEFINED    01           9312       0        0
REPUBLIC NEW YORK CORP           COMMON   760719104      122      2000 SH       DEFINED    01           2000       0        0
RESOURCE AMERICA INC-CL A        COMMON   761195205      111     15000 SH       DEFINED    01          15000       0        0
REYNOLDS METALS CO               COMMON   761763101      585      9700 SH       DEFINED    01           9700       0        0
RITE AID CORP                    COMMON   767754104      151     11000 SH       DEFINED    01              0       0    11000
RITE AID CORP                    COMMON   767754104       81      5900 SH       DEFINED    01           5900       0        0
ROCKWELL INTERNATIONAL CORP      COMMON   773903109      220      4200 SH       DEFINED    01           4200       0        0
***ROSTELECOM LONG DISTANCE      ADR      778529107       46     10000 SH       DEFINED    01          10000       0        0
***ROYAL BANK OF SCOTLAND GRP    PREFERED 780097804      287     11800 SH       DEFINED    01              0       0    11800
***ROYAL BK OF SCOTLND GRP PLC   PREFERED 780097887      436     20000 SH       DEFINED    01              0       0    20000
***ROYAL DUTCH PETROLEUM CO      ADR      780257804      307      5198 SH       DEFINED    01           5198       0        0
RYDER SYSTEM INC                 COMMON   783549108     2169    106500 SH       DEFINED    01         106500       0        0
SCI SYSTEMS INC                  COMMON   783890106      372      8377 SH       DEFINED    01           8377       0        0
***SK TELECOM CO LTD             ADR      78440P108      309     30000 SH       DEFINED    01          30000       0        0
STANDARD & POORS DEPOSITORY      COMMON   78462F103    18576    144670 SH       DEFINED    01              0       0   144670
STANDARD & POORS DEPOSITORY      COMMON   78462F103    69339    540000 SH       DEFINED    01         540000       0        0
SPX CORP                         COMMON   784635104      880      9707 SH       DEFINED    01           9707       0        0
SAFEGUARD SCIENTIFICS INC        COMMON   786449108     4454     65500 SH       DEFINED    01              0       0    65500
SAFEGUARD SCIENTIFICS INC        COMMON   786449108       54       800 SH       DEFINED    01            800       0        0
SAFEWAY INC                      COMMON   786514208     2149     56460 SH       DEFINED    01              0       0    56460
SAFEWAY INC                      COMMON   786514208      230      6050 SH       DEFINED    01           6050       0        0
ST PAUL BANCORP INC              COMMON   792848103      172      7538 SH       DEFINED    01           7538       0        0
ST PAUL CAPITAL LLC-6% CONV      PREFCONV 792856205     3527     64500 SH       DEFINED    01          64500       0        0
SANMINA CORP                     COMMON   800907107      765      9899 SH       DEFINED    01           9899       0        0
***SAVILLE SYSTEMS PLC           ADR      805174109       14      1000 SH       DEFINED    01              0       0     1000
***SAVILLE SYSTEMS PLC           ADR      805174109      202     13800 SH       DEFINED    01          13800       0        0
SCANA CORP                       COMMON   805898103      307     12709 SH       DEFINED    01          12709       0        0
SCHERING PLOUGH CORP             COMMON   806605101        8       200 SH       DEFINED    01              0       0      200
SCHERING PLOUGH CORP             COMMON   806605101     1491     34200 SH       DEFINED    01          34200       0        0
SCHLUMBERGER LTD                 COMMON   806857108      249      4000 SH       DEFINED    01              0       0     4000
SCHLUMBERGER LTD                 COMMON   806857108     3169     50865 SH       DEFINED    01          50865       0        0
CHARLES SCHWAB CORP NEW          COMMON   808513105     2848     84550 SH       DEFINED    01              0       0    84550
CHARLES SCHWAB CORP NEW          COMMON   808513105     1760     52245 SH       DEFINED    01          52245       0        0
***SCITEX CORP LTD               ADR      809090103       27      2500 SH       DEFINED    01              0       0     2500
***SCITEX CORP LTD               ADR      809090103      106      9695 SH       DEFINED    01           9695       0        0
***SEAGRAM CO LTD                COMMON   811850106       91      2000 SH       DEFINED    01              0       0     2000
***SEAGRAM CO LTD                COMMON   811850106      359      7900 SH       DEFINED    01           7900       0        0
SEARS ROEBUCK & CO               COMMON   812387108      156      5000 SH       DEFINED    01              0       0     5000
SEARS ROEBUCK & CO               COMMON   812387108     3318    105770 SH       DEFINED    01         105770       0        0
SENSORMATIC ELECTRONICS CORP     COMMON   817265101     4049    319181 SH       DEFINED    01         319181       0        0
SEPRACOR INC                     COMMON   817315104      215      2855 SH       DEFINED    01           2855       0        0
SEQUENT COMPUTER SYSTEMS INC     COMMON   817338106       65      3645 SH       DEFINED    01           3645       0        0
SERVICEMASTER CO (THE)           COMMON   81760N109      187     11700 SH       DEFINED    01          11700       0        0
SHAW INDUSTRIES INC              COMMON   820286102      190     12015 SH       DEFINED    01          12015       0        0
SHOPKO STORES INC                COMMON   824911101    18664    643600 SH       DEFINED    01         643600       0        0
SIEBEL SYSTEMS INC               COMMON   826170102      538      8090 SH       DEFINED    01           8090       0        0
SMITH INTERNATIONAL INC          COMMON   832110100     1160     28647 SH       DEFINED    01          28647       0        0
***SMITHKLINE BEECHAM PLC-ADR    ADR      832378301      220      3820 SH       DEFINED    01           3820       0        0
SOFTNET SYSTEMS INC              COMMON   833964109     1340     55000 SH       DEFINED    01              0       0    55000
SOLECTRON CORP                   COMMON   834182107    13227    184200 SH       DEFINED    01         184200       0        0
SOLUTIA INC                      COMMON   834376105      187     10494 SH       DEFINED    01          10494       0        0
SONOCO PRODUCTS CO               COMMON   835495102      219      9634 SH       DEFINED    01           9634       0        0
***SONY CORP-ADR NEW             ADR      835699307      345      2300 SH       DEFINED    01              0       0     2300
***SONY CORP-ADR NEW             ADR      835699307       19       130 SH       DEFINED    01            130       0        0
SOUTHERN CO                      COMMON   842587107      115      4504 SH       DEFINED    01              0       0     4504
SOUTHERN CO                      COMMON   842587107      125      4864 SH       DEFINED    01           4864       0        0
SOUTHWEST GAS CORP               COMMON   844895102        2       100 SH       DEFINED    01            100       0        0
SOVEREIGN BANCORP INC            COMMON   845905108        8       900 SH       DEFINED    01              0       0      900
SOVEREIGN BANCORP INC            COMMON   845905108      144     15840 SH       DEFINED    01          15840       0        0
SPIEKER PROPERTIES INC           REIT     848497103      240      6942 SH       DEFINED    01           6942       0        0
SPRINT CORP                      COMMON   852061100      176      3250 SH       DEFINED    01              0       0     3250
SPRINT CORP                      COMMON   852061100     5522    101800 SH       DEFINED    01         101800       0        0
STARBUCKS CORP                   COMMON   855244109        9       400 SH       DEFINED    01              0       0      400
STARBUCKS CORP                   COMMON   855244109      394     15915 SH       DEFINED    01          15915       0        0
STRIDE RITE CORP                 COMMON   863314100      529     75700 SH       DEFINED    01          75700       0        0
STRYKER CORP                     COMMON   863667101      489      9567 SH       DEFINED    01           9567       0        0
SUN COMMUNITIES INC              REIT     866674104      297      8999 SH       DEFINED    01           8999       0        0
SUN MICROSYSTEMS INC             COMMON   866810104      316      3400 SH       DEFINED    01              0       0     3400
SUN MICROSYSTEMS INC             COMMON   866810104      102      1100 SH       DEFINED    01           1100       0        0
SUN HEALTHCARE GROUP INC         CBONDCSD 866933AA2        2     25000 SH       DEFINED    01          25000       0        0
SUNGARD DATA SYSTEMS INC         COMMON   867363103      275     10469 SH       DEFINED    01          10469       0        0
SYBRON INTERNATIONAL CORP-WISC   COMMON   87114F106      241      9000 SH       DEFINED    01           9000       0        0
SYMANTEC CORP                    COMMON   871503108      301      8386 SH       DEFINED    01           8386       0        0
SYMBOL TECHNOLOGIES INC          COMMON   871508107      257      7666 SH       DEFINED    01           7666       0        0
SYNOPSYS INC                     COMMON   871607107      345      6154 SH       DEFINED    01           6154       0        0
SYQUEST TECHNOLOGY INC           COMMON   871660106        0     13000 SH       DEFINED    01          13000       0        0
TCF FINANCIAL CORP               COMMON   872275102      382     13388 SH       DEFINED    01          13388       0        0
TECO ENERGY INC                  COMMON   872375100      569     26979 SH       DEFINED    01          26979       0        0
***TAIWAN SEMICONDUCTOR MFG CO   ADR      874039100     2997    101600 SH       DEFINED    01         101600       0        0
TATHAM OFFSHORE INC NEW          COMMON   876628603      479   1395143 SH       DEFINED    01        1395143       0        0
***TELECOM ITALIA SPA            ADR      87927W106      336      3900 SH       DEFINED    01           3900       0        0
***TELECOM CORP OF NEW ZEALAND   ADR      879278208      278      8700 SH       DEFINED    01           8700       0        0
***TELECOMUNICACOES BRASILEI-    ADR      879287100        0     11500 SH       DEFINED    01          11500       0        0
***TELEFONICA DE ARGENTINA SA    ADR      879378206      427     16215 SH       DEFINED    01          16215       0        0
***TELEFONICA SA                 ADR      879382208     1573     32772 SH       DEFINED    01          32772       0        0
***TELEFONICA DEL PERU SA        ADR      879384105      309     23056 SH       DEFINED    01          23056       0        0
*** TELEFONOS DE MEXICO SADE     ADR      879403780     6533     91700 SH       DEFINED    01          91700       0        0
TELEPHONE & DATA SYSTEMS INC     COMMON   879433100      476      5368 SH       DEFINED    01           5368       0        0
TELLABS INC                      COMMON   879664100     1118     19650 SH       DEFINED    01              0       0    19650
TELLABS INC                      COMMON   879664100     1151     20220 SH       DEFINED    01          20220       0        0
TENNECO INC NEW                  COMMON   88037E101     1351     79500 SH       DEFINED    01          79500       0        0
TERADYNE INC                     COMMON   880770102      528     14984 SH       DEFINED    01          14984       0        0
TESORO PETROLEUM CORP            COMMON   881609101      272     16500 SH       DEFINED    01          16500       0        0
TEXACO INC                       COMMON   881694103     1874     29700 SH       DEFINED    01          29700       0        0
TEXAS INSTRUMENTS INC            COMMON   882508104       24       300 SH       DEFINED    01              0       0      300
TEXAS INSTRUMENTS INC            COMMON   882508104    19123    232500 SH       DEFINED    01         232500       0        0
TEXAS UTILITIES CO               COMMON   882848104     2846     76275 SH       DEFINED    01          76275       0        0
3COM CORP                        COMMON   885535104      287     10000 SH       DEFINED    01              0       0    10000
3COM CORP                        COMMON   885535104       69      2400 SH       DEFINED    01           2400       0        0
TIDEWATER INC                    COMMON   886423102      322     12636 SH       DEFINED    01          12636       0        0
TIFFANY & CO NEW                 COMMON   886547108       23       400 SH       DEFINED    01              0       0      400
TIFFANY & CO NEW                 COMMON   886547108      758     12649 SH       DEFINED    01          12649       0        0
TIME WARNER INC (HOLDING CO)     COMMON   887315109       60      1000 SH       DEFINED    01              0       0     1000
TIME WARNER INC (HOLDING CO)     COMMON   887315109     1239     20406 SH       DEFINED    01          20406       0        0
TOTAL RENAL CARE HOLDINGS INC    COMMON   89151A107       74     10000 SH       DEFINED    01              0       0    10000
TOTAL RENAL CARE HOLDINGS INC    COMMON   89151A107       81     11024 SH       DEFINED    01          11024       0        0
***TOTAL FINA S.A.               ADR      89151E109      818     12900 SH       DEFINED    01          12900       0        0
TRICON GLOBAL RESTAURANTS INC    COMMON   895953107      274      6700 SH       DEFINED    01           6700       0        0
***TRIZEC HAHN CORP-SUB VTG      COMMON   896938107     2842    150100 SH       DEFINED    01         150100       0        0
***TV AZTECA SA DE CV            ADR      901145102       71     14300 SH       DEFINED    01          14300       0        0
***TYCO INTERNATIONAL LTD        COMMON   902124106     2829     27407 SH       DEFINED    01              0       0    27407
***TYCO INTERNATIONAL LTD        COMMON   902124106     3190     30900 SH       DEFINED    01          30900       0        0
TYSON FOODS INC-CL A             CLASS    902494103      329     20056 SH       DEFINED    01          20056       0        0
U S T CORP                       COMMON   902900109        3       107 SH       DEFINED    01            107       0        0
U S BANCORP-DEL                  COMMON   902973106       21       700 SH       DEFINED    01              0       0      700
U S BANCORP-DEL                  COMMON   902973106     2309     76500 SH       DEFINED    01          76500       0        0
USG CORP NEW                     COMMON   903293405      205      4333 SH       DEFINED    01           4333       0        0
USX-U S STEEL GROUP              COMMON   90337T101     3298    128100 SH       DEFINED    01         128100       0        0
ULTRAMAR DIAMOND SHAMROCK CORP   COMMON   904000106      314     12344 SH       DEFINED    01          12344       0        0
UNION CARBIDE CORP               COMMON   905581104     5056     89000 SH       DEFINED    01          89000       0        0
UNITED DOMINION REALTY TRUST     REIT     910197102      127     11412 SH       DEFINED    01          11412       0        0
UNITED HEALTHCARE CORP           COMMON   910581107     1066     21900 SH       DEFINED    01          21900       0        0
UNITED TECHNOLOGIES CORP         COMMON   913017109      317      5350 SH       DEFINED    01              0       0     5350
UNITED TECHNOLOGIES CORP         COMMON   913017109     6094    102750 SH       DEFINED    01         102750       0        0
UNITRIN INC                      COMMON   913275103      220      6338 SH       DEFINED    01           6338       0        0
UNITRODE CORP                    COMMON   913283107       33       800 SH       DEFINED    01            800       0        0
UNIVISION COMMUNICATIONS INC     COMMON   914906102      723      8888 SH       DEFINED    01           8888       0        0
UTILICORP UNITED INC             COMMON   918005109      190      9033 SH       DEFINED    01           9033       0        0
VARCO INTERNATIONAL INC          COMMON   922126107      365     30000 SH       DEFINED    01              0       0    30000
VARCO INTERNATIONAL INC          COMMON   922126107      126     10413 SH       DEFINED    01          10413       0        0
VERISIGN INC                     COMMON   92343E102       94       890 SH       DEFINED    01              0       0      890
VERISIGN INC                     COMMON   92343E102      171      1607 SH       DEFINED    01           1607       0        0
VERITAS SOFTWARE CORP            COMMON   923436109     1137     14985 SH       DEFINED    01          14985       0        0
VETERINARY CENTERS AMERICA INC   CBONDCNV 925514AB7       46     70000 SH       DEFINED    01          70000       0        0
VIAD CORP                        COMMON   92552R109      339     11521 SH       DEFINED    01          11521       0        0
VIACOM INC-CL B                  CLASS    925524308      633     15000 SH       DEFINED    01          15000       0        0
VISX INC-DEL                     COMMON   92844S105      450      5691 SH       DEFINED    01           5691       0        0
VITESSE SEMICONDUCTOR CORP       COMMON   928497106     7906     92614 SH       DEFINED    01              0       0    92614
VITESSE SEMICONDUCTOR CORP       COMMON   928497106      572      6703 SH       DEFINED    01           6703       0        0
***VITRO SA-SPONSORED ADR        ADR      928502301      495    120000 SH       DEFINED    01         120000       0        0
VLASIC FOODS INTERNATIONAL INC   COMMON   928559103      181     26222 SH       DEFINED    01          26222       0        0
***VODAFONE AIRTOUCH PLC         ADR      92857T107      166       700 SH       DEFINED    01              0       0      700
***VODAFONE AIRTOUCH PLC         ADR      92857T107     7893     33200 SH       DEFINED    01          33200       0        0
VORNADO REALTY TRUST             REIT     929042109     2611     80343 SH       DEFINED    01          80343       0        0
WAL-MART STORES INC              COMMON   931142103      123      2600 SH       DEFINED    01              0       0     2600
WAL-MART STORES INC              COMMON   931142103      156      3300 SH       DEFINED    01           3300       0        0
WARNER-LAMBERT CO                COMMON   934488107      285      4300 SH       DEFINED    01              0       0     4300
WARNER-LAMBERT CO                COMMON   934488107      876     13200 SH       DEFINED    01          13200       0        0
WASHINGTON MUTUAL INC            COMMON   939322103      160      5500 SH       DEFINED    01              0       0     5500
WASHINGTON MUTUAL INC            COMMON   939322103     3450    117969 SH       DEFINED    01         117969       0        0
WASHINGTON POST CO-CL B          COMMON   939640108      442       867 SH       DEFINED    01            867       0        0
WATERS CORP                      COMMON   941848103       22       370 SH       DEFINED    01              0       0      370
WATERS CORP                      COMMON   941848103      474      7830 SH       DEFINED    01           7830       0        0
WEBSTER FINANCIAL CORP           COMMON   947890109      212      8348 SH       DEFINED    01           8348       0        0
WEIRTON STEEL CORP               COMMON   948774104      144     68200 SH       DEFINED    01          68200       0        0
WENDYS FINANCING I-$2.50 TERM    PREFCONV 950588202     1536     27200 SH       DEFINED    01          27200       0        0
WESTELL TECHNOLOGIES INC-CL A    COMMON   957541105      401     49400 SH       DEFINED    01          49400       0        0
WESTERN WIRELESS CORP-CL A       COMMON   95988E204     2842     63389 SH       DEFINED    01          63389       0        0
WESTWOOD ONE INC                 COMMON   961815107      216      4790 SH       DEFINED    01           4790       0        0
WHIRLPOOL CORP                   COMMON   963320106       65      1000 SH       DEFINED    01              0       0     1000
WHIRLPOOL CORP                   COMMON   963320106     3363     51500 SH       DEFINED    01          51500       0        0
WILLIAMS COMPANIES INC           COMMON   969457100      149      4000 SH       DEFINED    01              0       0     4000
WILLIAMS COMPANIES INC           COMMON   969457100       68      1824 SH       DEFINED    01           1824       0        0
WIND RIVER SYSTEMS INC           CBONDCNV 973149AC1      236    260000 SH       DEFINED    01         260000       0        0
WINSTAR COMMUNICATIONS INC       COMMON   975515107       23       600 SH       DEFINED    01            600       0        0
WISCONSIN ENERGY CORP            COMMON   976657106      556     23731 SH       DEFINED    01          23731       0        0
XILINX INC                       COMMON   983919101       21       335 SH       DEFINED    01              0       0      335
XILINX INC                       COMMON   983919101     1037     15827 SH       DEFINED    01          15827       0        0
XEROX CORP                       COMMON   984121103      279      6670 SH       DEFINED    01              0       0     6670
XEROX CORP                       COMMON   984121103      289      6900 SH       DEFINED    01           6900       0        0
YAHOO INC                        COMMON   984332106     1763      9823 SH       DEFINED    01           9823       0        0
ZIONS BANCORPORATION             COMMON   989701107      384      6981 SH       DEFINED    01           6981       0        0
NOEL GROUP INC.                  COMMON   655260107      424    565395 SH       DEFINED    01         565395       0        0
GULFMARK OFFSHORE INC.           COMMON   402629109    34514   2030226 SH       DEFINED    01        2030226       0        0
WEATHERFORD INTERNATIONAL INC.   COMMON   292740107   114479   3598832 SH       DEFINED    01        3598832       0        0
WALTER INDUSTRIES INC.           COMMON   93317Q105    38466   2849321 SH       DEFINED    01        2849321       0        0
</TABLE>



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