UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: 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:
Jennifer Marre, New York, NY, May 17, 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: 697
Form 13F Information Table Value Total $299,910 in thousands
The confidential portion of this report has been omitted and filed separately
with the Securities 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
- --- -------------------- ----
01 28-1159 Lehman Brothers Inc.
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
TITLE SH/PUT VOTING AUTHORITY
OF VALUE SHARES/ PRN INVSTMT OTHER ----------------
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT CALL DISCRETN MANAGERS SOLE SHARED NONE
-------------- ----- ----- -------- ------- ---- -------- -------- ---- ------ ----
***ASIA PACIFIC RESOURCES INTL COMMON G05345106 96 220,000 SH DEFINED 01 220,000
***GEMSTAR INTERNATIONAL GROUP COMMON G3788V106 1,061 14,110 SH DEFINED 01 14,110
***LORAL SPACE & COMMON G56462107 168 11,700 SH DEFINED 01 11,700
***LORAL SPACE & COMMON G56462107 2,848 197,300 SH DEFINED 01 197,300
***TOMMY HILFIGER CORP-ORD COMMON G8915Z102 1,549 22,500 SH DEFINED 01 22,500
***ELBIT SYSTEMS LTD-ORD COMMON M3760D101 814 57,416 SH DEFINED 01 57,416
***ELSCINT LTD-ORD NEW COMMON M40168102 143 12,500 SH DEFINED 01 12,500
***ESC MEDICAL SYSTEMS LTD-ORD COMMON M40868107 68 10,000 SH DEFINED 01 10,000
***LOGAL EDUCATIONAL SOFTWARE COMMON M6777Q106 166 296,530 SH DEFINED 01 296,530
***NEW DIMENSION SOFTWARE LTD COMMON M74295102 75 1,457 SH DEFINED 01 1,457
***TECNOMATIX TECHNOLOGIES LTD COMMON M8743P105 234 17,720 SH DEFINED 01 17,720
***CORE LABORATORIES NV COMMON N22717107 868 49,300 SH DEFINED 01 49,300
***INDIGO NV COMMON N44495104 25 5,000 SH DEFINED 01 5,000
***INDIGO NV COMMON N44495104 67 13,004 SH DEFINED 01 13,004
***MADGE NETWORKS NV COMMON N5424G106 453 168,700 SH DEFINED 01 168,700
***MADGE NETWORKS NV COMMON N5424G106 96 35,783 SH DEFINED 01 35,783
J RAY MCDERMOTT SA COMMON P64658100 788 26,400 SH DEFINED 01 26,400
***ROYAL CARIBBEAN CRUISES LTD COMMON V7780T103 877 22,500 SH DEFINED 01 22,500
ADC TELECOMMUNICATIONS INC COMMON 000886101 409 8,597 SH DEFINED 01 8,597
AFLAC INC COMMON 001055102 646 11,882 SH DEFINED 01 11,882
AMB PROPERTY CORP COMMON 00163T109 242 11,693 SH DEFINED 01 11,693
AT&T CORP COMMON 001957109 1,068 13,392 SH DEFINED 01 13,392
AT&T CORP COMMON 001957109 27,509 344,670 SH DEFINED 01 344,670
ABBOTT LABORATORIES COMMON 002824100 9 210 SH DEFINED 01 210
ABBOTT LABORATORIES COMMON 002824100 430 9,200 SH DEFINED 01 9,200
ABERCROMBIE & FITCH CO-CL A CLASSA 002896207 171 1,855 SH DEFINED 01 1,855
ABERCROMBIE & FITCH CO-CL A CLASSA 002896207 4,906 53,191 SH DEFINED 01 53,191
ADVANCED FIBRE COMMUNICATIONS COMMON 00754A105 517 53,900 SH DEFINED 01 53,900
ADVANCED FIBRE COMMUNICATIONS COMMON 00754A105 295 30,757 SH DEFINED 01 30,757
ADVANCED MICRO DEVICES INC COMMON 007903107 488 31,520 SH DEFINED 01 31,520
AGOURON PHARMACEUTICALS INC COMMON 008488108 117 2,073 SH DEFINED 01 2,073
AIRBORNE FREIGHT CORP COMMON 009266107 273 8,809 SH DEFINED 01 8,809
AIRTOUCH COMMUNICATIONS INC COMMON 00949T100 121 1,256 SH DEFINED 01 1,256
AIRTOUCH COMMUNICATIONS INC COMMON 00949T100 6,570 68,005 SH DEFINED 01 68,005
ALIANT COMMUNICATIONS INC COMMON 016090102 64 1,573 SH DEFINED 01 1,573
ALLEGHENY ENERGY INC COMMON 017361106 760 25,773 SH DEFINED 01 25,773
ALLERGAN SPECIALTY COMMON 018494104 15 SH DEFINED 01 15
ALLIANCE SEMICONDUCTOR CORP COMMON 01877H100 67 27,000 SH DEFINED 01 27,000
ALLIANCE SEMICONDUCTOR CORP COMMON 01877H100 2 990 SH DEFINED 01 990
***ALLIED IRISH BANKS PLC ADR 019228402 548 5,300 SH DEFINED 01 5,300
ALLSTATE CORP COMMON 020002101 7 190 SH DEFINED 01 190
ALLSTATE CORP COMMON 020002101 917 24,760 SH DEFINED 01 24,760
ALPHA TECHNOLOGIES GROUP INC COMMON 020781100 668 334,393 SH DEFINED 01 334,393
ALTERA CORP COMMON 021441100 661 11,119 SH DEFINED 01 11,119
ALZA CORP CV SUB DEB CBONDCNV 022615AD0 3,480 3,000,000 SH DEFINED 01 3,000,000
WTS ALZA CORP WARRANT 022615157 17 110,000 SH DEFINED 01 110,000
AMAZON.COM INC COMMON 023135106 1,022 5,940 SH DEFINED 01 5,940
AMBAC FINANCIAL GROUP INC COMMON 023139108 515 9,546 SH DEFINED 01 9,546
AMERICA ONLINE INC-DEL COMMON 02364J104 3,518 23,938 SH DEFINED 01 23,938
AMERICA ONLINE INC-DEL COMMON 02364J104 114 776 SH DEFINED 01 776
WTS AMERICA WEST AIRLINES INC WARRANT 023650112 1,968 250,000 SH DEFINED 01 250,000
AMERICAN BANKERS INSURANCE PREFCONV 024456204 2,637 25,000 SH DEFINED 01 25,000
AMERICAN ELECTRIC POWER CO INC COMMON 025537101 75 1,900 SH DEFINED 01 1,900
AMERICAN EXPRESS COMPANY COMMON 025816109 117 1,000 SH DEFINED 01 1,000
AMERICAN EXPRESS COMPANY COMMON 025816109 682 5,800 SH DEFINED 01 5,800
AMERICAN GENERAL CORP COMMON 026351106 3 50 SH DEFINED 01 50
AMERICAN GENERAL CORP COMMON 026351106 304 4,325 SH DEFINED 01 4,325
AMERICAN HOME PRODUCTS CORP COMMON 026609107 590 9,050 SH DEFINED 01 9,050
AMERICAN HOME PRODUCTS CORP COMMON 026609107 176 2,700 SH DEFINED 01 2,700
AMERICAN INTERNATIONAL GROUP COMMON 026874107 679 5,634 SH DEFINED 01 5,634
AMERICAN STANDARD COMPANIES COMMON 029712106 256 7,464 SH DEFINED 01 7,464
AMERICAN STORES CO NEW COMMON 030096101 33 1,000 SH DEFINED 01 1,000
AMERIQUEST TECHNOLOGIES INC COMMON 03070P103 11,900 SH DEFINED 01 11,900
AMERITECH CORP NEW COMMON 030954101 4 70 SH DEFINED 01 70
AMERITECH CORP NEW COMMON 030954101 1,461 25,365 SH DEFINED 01 25,365
AMGEN INC COMMON 031162100 359 4,800 SH DEFINED 01 4,800
AMGEN INC COMMON 031162100 388 5,185 SH DEFINED 01 5,185
***A WTS AMPAL AMERICAN ISRAEL WARRANT 032015125 4 137,900 SH DEFINED 01 137,900
ANALOG DEVICES INC COMMON 032654105 213 7,164 SH DEFINED 01 7,164
ANDREW CORP COMMON 034425108 202 16,457 SH DEFINED 01 16,457
ANHEUSER BUSCH COMPANIES INC COMMON 035229103 41 550 SH DEFINED 01 550
ANHEUSER BUSCH COMPANIES INC COMMON 035229103 513 6,748 SH DEFINED 01 6,748
APACHE MEDICAL SYSTEMS INC COMMON 03746E102 14 10,850 SH DEFINED 01 10,850
APARTMENT INVESTMENT & REIT 03748R101 90 2,500 SH DEFINED 01 2,500
APARTMENT INVESTMENT & REIT 03748R101 298 8,243 SH DEFINED 01 8,243
***APCO ARGENTINA INC (CAYMEN COMMON 037489101 5,898 413,925 SH DEFINED 01 413,925
APPLE COMPUTER INC COMMON 037833100 237 6,615 SH DEFINED 01 6,615
APPLIED ANALYTICAL INDUSTRIES COMMON 037939105 29 2,700 SH DEFINED 01 2,700
APPLIED ANALYTICAL INDUSTRIES COMMON 037939105 611 55,576 SH DEFINED 01 55,576
APPLIED MAGNETICS CORP COMMON 038213104 212 50,700 SH DEFINED 01 50,700
APPLIED MATERIALS INC COMMON 038222105 581 9,433 SH DEFINED 01 9,433
APPLIED MATERIALS INC COMMON 038222105 375 6,092 SH DEFINED 01 6,092
APPLIED POWER INC-CL A CLASSA 038225108 591 21,700 SH DEFINED 01 21,700
ARDEN REALTY INC COMMON 039793104 11 500 SH DEFINED 01 500
ARDEN REALTY INC COMMON 039793104 249 11,214 SH DEFINED 01 11,214
ASCEND COMMUNICATIONS INC COMMON 043491109 61 733 SH DEFINED 01 733
***ASHANTI GOLDFIELDS CO LTD COMMON 043743202 112 12,900 SH DEFINED 01 12,900
ASSISTED LIVINGS CONCEPTS INC CBONDCNV 04543LAD1 108 202,000 SH DEFINED 01 202,000
ASSOCIATES FIRST CAPITAL CORP COMMON 046008108 3 68 SH DEFINED 01 68
ASSOCIATES FIRST CAPITAL CORP COMMON 046008108 245 5,457 SH DEFINED 01 5,457
ASTORIA FINANCIAL CORP COMMON 046265104 833 16,672 SH DEFINED 01 16,672
***ASTRA AB-SPONSORED ADR ADR 046298105 9 418 SH DEFINED 01 418
***ASTRA AB-SPONSORED ADR ADR 046298105 176 7,701 SH DEFINED 01 7,701
AVNET INC COMMON 053807103 722 19,673 SH DEFINED 01 19,673
AVON PRODUCTS INC COMMON 054303102 1,666 35,400 SH DEFINED 01 35,400
AXIOM INC COMMON 054603105 11 10,000 SH DEFINED 01 10,000
***B & H OCEAN CARRIERS LTD COMMON 055090104 81 40,736 SH DEFINED 01 40,736
BAKER HUGHES INC COMMON 057224107 569 23,440 SH DEFINED 01 23,440
***BANCO BILBAO VIZCAYA SA ADR 059458208 183 12,500 SH DEFINED 01 12,500
***BANCO RIO DE LA PLATA SA ADR 059644104 181 18,869 SH DEFINED 01 18,869
***BANK OF TOKYO-MITSUBISHI ADR 065379109 140 10,000 SH DEFINED 01 10,000
***BANK OF TOKYO-MITSUBISHI ADR 065379109 2 200 SH DEFINED 01 200
BANKERS TRUST CORP COMMON 066365107 22 260 SH DEFINED 01 260
***BARRICK GOLD CORP COMMON 067901108 772 45,300 SH DEFINED 01 45,300
BARR LABORATORIES INC COMMON 068306109 332 10,900 SH DEFINED 01 10,900
WTS BASIX CORP-$0.40 WARRANT 070121116 37,931 SH DEFINED 01 37,931
BATTLE MOUNTAIN GOLD CO COMMON 071593107 78 28,619 SH DEFINED 01 28,619
BAXTER INTERNATIONAL INC COMMON 071813109 699 10,600 SH DEFINED 01 10,600
BECTON DICKINSON & CO COMMON 075887109 222 5,800 SH DEFINED 01 5,800
BED BATH & BEYOND INC COMMON 075896100 441 12,107 SH DEFINED 01 12,107
BEDFORD PROPERTY INVESTORS INC COMMON 076446301 95 6,500 SH DEFINED 01 6,500
BEDFORD PROPERTY INVESTORS INC COMMON 076446301 97 6,682 SH DEFINED 01 6,682
BELL ATLANTIC CORP COMMON 077853109 3 75 SH DEFINED 01 75
BELL ATLANTIC CORP COMMON 077853109 1,651 31,956 SH DEFINED 01 31,956
BELLSOUTH CORP COMMON 079860102 556 13,900 SH DEFINED 01 13,900
BERKSHIRE HATHAWAY INC-DEL COMMON 084670108 6,189 619 SH DEFINED 01 619
BERKSHIRE HATHAWAY INC-DEL COMMON 084670207 23 10 SH DEFINED 01 10
BERKSHIRE HATHAWAY INC-DEL COMMON 084670207 1,965 836 SH DEFINED 01 836
BERKSHIRE REALTY CO INC REIT 084710102 128 11,500 SH DEFINED 01 11,500
BERKSHIRE REALTY CO INC REIT 084710102 120 10,753 SH DEFINED 01 10,753
BEST BUY COMPANY INC COMMON 086516101 31 600 SH DEFINED 01 600
BEST BUY COMPANY INC COMMON 086516101 470 9,055 SH DEFINED 01 9,055
BEVERLY ENTERPRISES INC NEW COMMON 087851309 146 28,618 SH DEFINED 01 28,618
BILLING CONCEPTS CORP COMMON 090063108 17 1,500 SH DEFINED 01 1,500
BILLING CONCEPTS CORP COMMON 090063108 598 50,414 SH DEFINED 01 50,414
BINDLEY WESTERN INDUSTRY INC COMMON 090324104 231 8,100 SH DEFINED 01 8,100
BIOGEN INC COMMON 090597105 88 770 SH DEFINED 01 770
BIOGEN INC COMMON 090597105 1,581 13,831 SH DEFINED 01 13,831
BIOPOOL INTERNATIONAL INC COMMON 090649104 30 40,000 SH DEFINED 01 40,000
BIRMINGHAM STEEL CORP COMMON 091250100 1,501 381,400 SH DEFINED 01 381,400
BLACKROCK NEW JERSEY INVT COMMON 09247C107 342 22,800 SH DEFINED 01 22,800
BLACKROCK 1999 TERM TRUST INC COMMON 09247T100 2,912 293,100 SH DEFINED 01 293,100
BLACKROCK 2001 TERM TRUST INC COMMON 092477108 19,070 2,118,900 SH DEFINED 01 2,118,900
BOEING CO COMMON 097023105 476 14,021 SH DEFINED 01 14,021
BOEING CO COMMON 097023105 816 24,000 SH DEFINED 01 24,000
BOSTON PROPERTIES INC COMMON 101121101 2,834 89,643 SH DEFINED 01 89,643
***BOUYGUES OFFSHORE SA ADR 102112109 137 10,000 SH DEFINED 01 10,000
BOWNE & CO INC COMMON 103043105 262 22,500 SH DEFINED 01 22,500
BRISTOL MYERS SQUIBB CO COMMON 110122108 8 130 SH DEFINED 01 130
BRISTOL MYERS SQUIBB CO COMMON 110122108 8,878 138,450 SH DEFINED 01 138,450
***BRITISH SKY BROADCASTING ADR 111013108 2,286 44,608 SH DEFINED 01 44,608
BRYLANE INC COMMON 117661108 12,129 500,200 SH DEFINED 01 500,200
BUCKEYE PARTNERS LP COMMON 118230101 272 10,000 SH DEFINED 01 10,000
BURLINGTON NORTHERN SANTA FE COMMON 12189T104 216 6,600 SH DEFINED 01 6,600
BURNHAM PACIFIC PROPERTIES INC REIT 12232C108 77 7,500 SH DEFINED 01 7,500
BURNHAM PACIFIC PROPERTIES INC REIT 12232C108 91 8,810 SH DEFINED 01 8,810
CBS CORP COMMON 12490K107 303 7,426 SH DEFINED 01 7,426
CD RADIO INC COMMON 125127100 2,808 108,000 SH DEFINED 01 108,000
CHS ELECTRONICS INC NEW COMMON 12542A206 802 251,700 SH DEFINED 01 251,700
CIT GROUP INC-CL A COMMON 125577106 706 23,100 SH DEFINED 01 23,100
CKE RESTAURANTS INC COMMON 12561E105 205 10,400 SH DEFINED 01 10,400
CML GROUP INC COMMON 125820100 50,000 SH DEFINED 01 50,000
CMS ENERGY CORP COMMON 125896100 231 5,745 SH DEFINED 01 5,745
CSX CORP COMMON 126408103 242 6,240 SH DEFINED 01 6,240
***CABLE & WIRELESS PLC ADR 126830207 1,495 40,495 SH DEFINED 01 40,495
CADENCE DESIGN SYSTEMS INC COMMON 127387108 257 9,991 SH DEFINED 01 9,991
CAMBRIDGE TECHNOLOGY PARTNERS COMMON 132524109 1,554 112,000 SH DEFINED 01 112,000
CAMBRIDGE TECHNOLOGY PARTNERS COMMON 132524109 39 2,815 SH DEFINED 01 2,815
CAMDEN PROPERTY TRUST-SBI REIT 133131102 236 9,538 SH DEFINED 01 9,538
CAPSTEAD MORTGAGE CORP-$1.26 PREFCONV 14067E308 518 43,000 SH DEFINED 01 43,000
CAPSTEAD MORTGAGE CORP REIT 14067E100 20,360 3,788,000 SH DEFINED 01 3,788,000
CAPSTAR HOTEL CORP CBONDCNV 140918AC7 255 357,000 SH DEFINED 01 357,000
CARDINAL HEALTH INC COMMON 14149Y108 442 6,710 SH DEFINED 01 6,710
CARLISLE COMPANIES INC COMMON 142339100 816 17,473 SH DEFINED 01 17,473
CARRAMERICA REALTY CORP COMMON 144418100 19 900 SH DEFINED 01 900
CARRAMERICA REALTY CORP COMMON 144418100 201 9,126 SH DEFINED 01 9,126
CATELLUS DEVELOPMENT CORP COMMON 149111106 140 10,500 SH DEFINED 01 10,500
CATERPILLAR INC COMMON 149123101 236 5,150 SH DEFINED 01 5,150
CATERPILLAR INC COMMON 149123101 238 5,200 SH DEFINED 01 5,200
CENDANT CORP COMMON 151313103 67 4,250 SH DEFINED 01 4,250
CENDANT CORP COMMON 151313103 3,321 208,377 SH DEFINED 01 208,377
CENTEX CONSTRUCTION PRODUCTS COMMON 15231R109 608 17,493 SH DEFINED 01 17,493
CENTOCOR INC COMMON 152342101 18 500 SH DEFINED 01 500
CENTOCOR INC COMMON 152342101 487 13,206 SH DEFINED 01 13,206
CHARTER ONE FINANCIAL INC COMMON 160903100 252 8,764 SH DEFINED 01 8,764
CHASE MANHATTAN CORP NEW COMMON 16161A108 245 3,012 SH DEFINED 01 3,012
CHASE MANHATTAN CORP NEW COMMON 16161A108 20,351 250,100 SH DEFINED 01 250,100
CHESAPEAKE CORP COMMON 165159104 484 17,855 SH DEFINED 01 17,855
CHEVRON CORP COMMON 166751107 621 7,000 SH DEFINED 01 7,000
CHIRON CORP COMMON 170040109 1,356 61,847 SH DEFINED 01 61,847
CHROMATICS COLOR SCIENCES COMMON 171116304 103 12,500 SH DEFINED 01 12,500
CISCO SYSTEMS INC COMMON 17275R102 3,947 36,030 SH DEFINED 01 36,030
CISCO SYSTEMS INC COMMON 17275R102 10,009 91,360 SH DEFINED 01 91,360
CINTAS CORP COMMON 172908105 330 5,048 SH DEFINED 01 5,048
CITRIX SYSTEMS INC COMMON 177376100 153 4,029 SH DEFINED 01 4,029
CLEAR CHANNEL COMMUNICATIONS COMMON 184502102 1,000 14,915 SH DEFINED 01 14,915
CLEAR CHANNEL COMMUNICATIONS COMMON 184502102 26 400 SH DEFINED 01 400
CLOSURE MEDICAL CORP COMMON 189093107 843 22,200 SH DEFINED 01 22,200
CLOSURE MEDICAL CORP COMMON 189093107 23 626 SH DEFINED 01 626
COCA COLA CO COMMON 191216100 2,723 44,380 SH DEFINED 01 44,380
COCA COLA CO COMMON 191216100 1,810 29,500 SH DEFINED 01 29,500
COCA COLA ENTERPRISES INC COMMON 191219104 293 9,719 SH DEFINED 01 9,719
COLONIAL PROPERTIES TRUST PREFERED 195872205 855 38,000 SH DEFINED 01 38,000
COLONIAL PROPERTIES TRUST REIT 195872106 255 10,000 SH DEFINED 01 10,000
COLONIAL PROPERTIES TRUST REIT 195872106 129 5,071 SH DEFINED 01 5,071
COMMERCE GROUP INC-MASS COMMON 200641108 255 10,400 SH DEFINED 01 10,400
COMMSCOPE INC COMMON 203372107 600 28,666 SH DEFINED 01 28,666
***COMPANHIA PARANAENSE DE ADR 20441B407 193 25,800 SH DEFINED 01 25,800
***COMPANIA DE TELECOMUNICACI- ADR 204449300 321 13,655 SH DEFINED 01 13,655
COMPASS BANCSHARES INC COMMON 20449H109 1,394 40,411 SH DEFINED 01 40,411
COMPAQ COMPUTER CORP COMMON 204493100 1,207 38,119 SH DEFINED 01 38,119
COMPAQ COMPUTER CORP COMMON 204493100 524 16,541 SH DEFINED 01 16,541
COMPUSA INC COMMON 204932107 84 12,100 SH DEFINED 01 12,100
COMPUTER MARKETPLACE INC NEW COMMON 205216302 19 16,304 SH DEFINED 01 16,304
COMVERSE TECHNOLOGY INC NEW COMMON 205862402 1,314 15,469 SH DEFINED 01 15,469
COMVERSE TECHNOLOGY INC NEW COMMON 205862402 186 2,196 SH DEFINED 01 2,196
COMVERSE TECHNOLOGY INC CBONDCNV 205862AE5 2,609 1,380,000 SH DEFINED 01 1,380,000
CONAGRA INC COMMON 205887102 20 814 SH DEFINED 01 814
CONAGRA INC COMMON 205887102 3,428 133,800 SH DEFINED 01 133,800
***CONCORDIA PAPER HOLDINGS ADR 206575102 20 50,390 SH DEFINED 01 50,390
COOPER CAMERON CORP COMMON 216640102 582 17,200 SH DEFINED 01 17,200
CORNERSTONE PROPERTIES INC COMMON 21922H103 124 8,500 SH DEFINED 01 8,500
CORNERSTONE PROPERTIES INC COMMON 21922H103 249 17,085 SH DEFINED 01 17,085
CORNERSTONE REALTY INCOME COMMON 21922V102 118 11,195 SH DEFINED 01 11,195
***CORTECS PLC-SPONSORED ADR ADR 220512206 15 10,500 SH DEFINED 01 10,500
COX RADIO INC-CL A CLASSA 224051102 256 5,000 SH DEFINED 01 5,000
CRESCENDO PHARMACEUTICALS CORP COMMON 225637107 15 1,060 SH DEFINED 01 1,060
CRESCENT REAL ESTATE EQUITIES REIT 225756105 347 16,181 SH DEFINED 01 16,181
D R HORTON INC COMMON 23331A109 3,104 185,351 SH DEFINED 01 185,351
D R HORTON INC COMMON 23331A109 95 5,700 SH DEFINED 01 5,700
DANAHER CORP COMMON 235851102 1,056 20,219 SH DEFINED 01 20,219
DANAHER CORP COMMON 235851102 64 1,240 SH DEFINED 01 1,240
DAYTON HUDSON CORP COMMON 239753106 339 5,100 SH DEFINED 01 5,100
DELL COMPUTER CORP COMMON 247025109 747 18,284 SH DEFINED 01 18,284
DELPHI FINANCIAL GROUP INC CLASS 247131105 206 6,100 SH DEFINED 01 6,100
DELTA & PINE LAND CO COMMON 247357106 15 500 SH DEFINED 01 500
DELTA & PINE LAND CO COMMON 247357106 1,245 40,500 SH DEFINED 01 40,500
DEVELOPERS DIVERSIFIED REALTY REIT 251591103 167 11,728 SH DEFINED 01 11,728
DIAMOND OFFSHORE DRILLING INC CBONDCNV 25271CAA0 247 240,000 SH DEFINED 01 240,000
WALT DISNEY CO HOLDING CO COMMON 254687106 155 5,000 SH DEFINED 01 5,000
WALT DISNEY CO HOLDING CO COMMON 254687106 3,588 115,300 SH DEFINED 01 115,300
DOW CHEMICAL CO COMMON 260543103 2 25 SH DEFINED 01 25
DOW CHEMICAL CO COMMON 260543103 31,231 335,150 SH DEFINED 01 335,150
E I DU PONT DE NEMOURS & CO COMMON 263534109 348 6,000 SH DEFINED 01 6,000
E I DU PONT DE NEMOURS & CO COMMON 263534109 334 5,762 SH DEFINED 01 5,762
DUKE REALTY INVESTMENTS INC REIT 264411505 266 12,392 SH DEFINED 01 12,392
DYNATRONICS CORP COMMON 268157104 88 55,600 SH DEFINED 01 55,600
EMC CORP-MASS COMMON 268648102 61 480 SH DEFINED 01 480
EMC CORP-MASS COMMON 268648102 1,356 10,615 SH DEFINED 01 10,615
E TRADE GROUP INC COMMON 269246104 302 5,181 SH DEFINED 01 5,181
EARTHGRAINS CO COMMON 270319106 337 15,200 SH DEFINED 01 15,200
EASTMAN KODAK CO COMMON 277461109 466 7,300 SH DEFINED 01 7,300
ECHOSTAR COMMUNICATIONS CORP COMMON 278762109 13,586 166,450 SH DEFINED 01 166,450
***ELAN CORP PLC-ADR ADR 284131208 2,092 30,000 SH DEFINED 01 30,000
ELECTRIC LIGHTWAVE INC-CL A COMMON 284895109 91 10,000 SH DEFINED 01 10,000
ELECTRIC LIGHTWAVE INC-CL A COMMON 284895109 6 761 SH DEFINED 01 761
EMERSON ELECTRIC CO COMMON 291011104 2 55 SH DEFINED 01 55
EMERSON ELECTRIC CO COMMON 291011104 240 4,550 SH DEFINED 01 4,550
***EMPRESA NACIONAL DE ELECTR- ADR 29244T101 296 21,100 SH DEFINED 01 21,100
***EMPRESAS ICA SOCIEDAD CONT- ADR 292448107 300 57,312 SH DEFINED 01 57,312
***EMPRESAS LA MODERNA SA DE ADR 292449105 220 9,269 SH DEFINED 01 9,269
ENRON CORP COMMON 293561106 411 6,400 SH DEFINED 01 6,400
ENTERTAINMENT PROPERTIES TRUST COMMON 29380T105 155 9,000 SH DEFINED 01 9,000
ENTERTAINMENT PROPERTIES TRUST COMMON 29380T105 27 1,585 SH DEFINED 01 1,585
ENTREMED INC COMMON 29382F103 718 34,000 SH DEFINED 01 34,000
EQUITY INNS INC REIT 294703103 88 10,418 SH DEFINED 01 10,418
EQUITY OFFICE PROPERTIES TRUST COMMON 294741103 20 806 SH DEFINED 01 806
EQUITY OFFICE PROPERTIES TRUST COMMON 294741103 880 34,718 SH DEFINED 01 34,718
EQUITY OFFICE PROPERTIES TRUST PREFERED 294741202 237 9,000 SH DEFINED 01 9,000
EQUITY RESIDENTIAL PPTYS TRUST COMMON 29476L883 1,404 60,900 SH DEFINED 01 60,900
EQUITY RESIDENTIAL PROPERTIES REIT 29476L107 726 17,614 SH DEFINED 01 17,614
***ESPIRITO SANTO FINANCIAL ADR 29665F200 203 12,900 SH DEFINED 01 12,900
ESTERLINE TECHNOLOGIES CORP COMMON 297425100 226 17,500 SH DEFINED 01 17,500
EVEREST REINSURANCE HOLDINGS COMMON 299808105 489 15,709 SH DEFINED 01 15,709
EXCITE INC COMMON 300904109 1 11 SH DEFINED 01 11
EXXON CORP COMMON 302290101 38 550 SH DEFINED 01 550
EXXON CORP COMMON 302290101 3,402 48,225 SH DEFINED 01 48,225
FDX CORP COMMON 31304N107 697 7,500 SH DEFINED 01 7,500
FDX CORP COMMON 31304N107 20 220 SH DEFINED 01 220
FREDDIE MAC-VOTING COMMON COMMON 313400301 303 5,300 SH DEFINED 01 5,300
FANNIE MAE COMMON 313586109 1,686 24,350 SH DEFINED 01 24,350
FANNIE MAE COMMON 313586109 143 2,069 SH DEFINED 01 2,069
C WTS FEDERATED DEPARTMENT WARRANT 31410H119 153 10,000 SH DEFINED 01 10,000
FINANCIAL SECURITY ASSURANCE COMMON 31769P100 208 4,200 SH DEFINED 01 4,200
FINOVA GROUP INC COMMON 317928109 204 3,946 SH DEFINED 01 3,946
FIRST AMERICAN FINANCIAL CORP COMMON 318522307 189 11,980 SH DEFINED 01 11,980
FIRST TENNESSEE NATIONAL CORP COMMON 337162101 303 8,300 SH DEFINED 01 8,300
FIRST UNION CORP COMMON 337358105 6 125 SH DEFINED 01 125
FIRST UNION CORP COMMON 337358105 784 14,683 SH DEFINED 01 14,683
FISERV INC COMMON 337738108 214 4,006 SH DEFINED 01 4,006
FLEET FINANCIAL GROUP INC NEW COMMON 338915101 255 6,800 SH DEFINED 01 6,800
FLEMING COMPANIES INC COMMON 339130106 99 11,618 SH DEFINED 01 11,618
FLUSHING FINANCIAL CORP COMMON 343873105 214 15,031 SH DEFINED 01 15,031
FORD MOTOR CO COMMON 345370100 7 130 SH DEFINED 01 130
FORD MOTOR CO COMMON 345370100 990 17,466 SH DEFINED 01 17,466
FORE SYSTEMS INC COMMON 345449102 94 5,000 SH DEFINED 01 5,000
FORE SYSTEMS INC COMMON 345449102 188 9,986 SH DEFINED 01 9,986
FOREST LABORATORIES INC COMMON 345838106 1,370 24,303 SH DEFINED 01 24,303
FREEPORT MCMORAN COPPER & GOLD COMMON 35671D857 238 21,900 SH DEFINED 01 21,900
FRONTIER CORP COMMON 35906P105 15 300 SH DEFINED 01 300
GTE CORP COMMON 362320103 648 10,717 SH DEFINED 01 10,717
GALILEO INTERNATIONAL INC COMMON 363547100 1,161 24,000 SH DEFINED 01 24,000
***GENENTECH INCORP CV CBOND 368710AA7 23 20,000 SH DEFINED 01 20,000
GENERAL ELECTRIC CO COMMON 369604103 248 2,250 SH DEFINED 01 2,250
GENERAL ELECTRIC CO COMMON 369604103 4,004 36,195 SH DEFINED 01 36,195
GENERAL MOTORS CORP COMMON 370442105 939 10,800 SH DEFINED 01 10,800
GENESYS TELECOMMUNICATIONS COMMON 371931106 151 10,049 SH DEFINED 01 10,049
GENSIA SICOR INC COMMON 372450106 200 71,330 SH DEFINED 01 71,330
GENSIA SICOR INC-$3.75 CONV PREFCONV 372450205 2,156 85,000 SH DEFINED 01 85,000
GENZYME CORP-GENERAL DIVISION COMMON 372917104 100 2,000 SH DEFINED 01 2,000
GENZYME CORP-GENERAL DIVISION COMMON 372917104 789 15,658 SH DEFINED 01 15,658
GEOTEK COMMUNICATIONS INC COMMON 373654102 2 143,307 SH DEFINED 01 143,307
GETCHELL GOLD CORP COMMON 374265106 70 2,700 SH DEFINED 01 2,700
GILLETTE CO COMMON 375766102 208 3,500 SH DEFINED 01 3,500
GILLETTE CO COMMON 375766102 1,533 25,800 SH DEFINED 01 25,800
***GLAXO WELLCOME PLC ADR 37733W105 3,842 57,400 SH DEFINED 01 57,400
GLOBAL MARINE INC NEW COMMON 379352404 129 10,982 SH DEFINED 01 10,982
GOLDEN STATE BANCORP INC COMMON 381197102 75 3,410 SH DEFINED 01 3,410
GOLDEN STATE BANCORP INC COMMON 381197102 393 17,700 SH DEFINED 01 17,700
GOLDEN WEST FINANCIAL CORP-DEL COMMON 381317106 315 3,300 SH DEFINED 01 3,300
GOODYEAR TIRE & RUBBER CO COMMON 382550101 249 5,000 SH DEFINED 01 5,000
GOODYEAR TIRE & RUBBER CO COMMON 382550101 9 200 SH DEFINED 01 200
GREAT LAKES REIT INC COMMON 390752103 87 6,000 SH DEFINED 01 6,000
GREAT LAKES REIT INC COMMON 390752103 81 5,593 SH DEFINED 01 5,593
GREENPOINT FINANCIAL CORP COMMON 395384100 233 6,718 SH DEFINED 01 6,718
***GRUPO IUSACELL SA DE CV ADR 40049W306 720 90,000 SH DEFINED 01 90,000
GULFSTREAM AEROSPACE CORP NEW COMMON 402734107 883 20,364 SH DEFINED 01 20,364
HANOVER DIRECT INC COMMON 410783104 196 70,000 SH DEFINED 01 70,000
***HANSON PLC-SPONSORED ADR ADR 411352404 10 243 SH DEFINED 01 243
***HANSON PLC-SPONSORED ADR ADR 411352404 743 16,900 SH DEFINED 01 16,900
HARLEY DAVIDSON INC COMMON 412822108 16 280 SH DEFINED 01 280
HARLEY DAVIDSON INC COMMON 412822108 392 6,846 SH DEFINED 01 6,846
HARTFORD FINANCIAL SERVICES COMMON 416515104 193 3,400 SH DEFINED 01 3,400
HARTFORD FINANCIAL SERVICES COMMON 416515104 91 1,619 SH DEFINED 01 1,619
HEALTH MANAGEMENT ASSOCIATES CLASSA 421933102 201 16,564 SH DEFINED 01 16,564
HEARST-ARGYLE TELEVISION INC COMMON 422317107 568 23,098 SH DEFINED 01 23,098
***H J HEINZ CO COMMON 423074103 324 6,859 SH DEFINED 01 6,859
HERTZ CORP-CL A COMMON 428040109 328 6,140 SH DEFINED 01 6,140
HEWLETT PACKARD CO COMMON 428236103 310 4,580 SH DEFINED 01 4,580
HEWLETT PACKARD CO COMMON 428236103 734 10,825 SH DEFINED 01 10,825
HIBERNIA CORP-CL A CLASSA 428656102 220 16,746 SH DEFINED 01 16,746
***HILTON HOTELS CORP CBOND 432848AL3 127 136,000 SH DEFINED 01 136,000
HOLLINGER INTERNATIONAL INC COMMON 435569108 466 34,400 SH DEFINED 01 34,400
HOME DEPOT INC COMMON 437076102 249 4,000 SH DEFINED 01 4,000
HOME DEPOT INC COMMON 437076102 143 2,300 SH DEFINED 01 2,300
HOMESTAKE MINING CO COMMON 437614100 295 34,300 SH DEFINED 01 34,300
HONEYWELL INC COMMON 438506107 492 6,500 SH DEFINED 01 6,500
HONEYWELL INC COMMON 438506107 227 3,000 SH DEFINED 01 3,000
HOUSEHOLD INTERNATIONAL INC COMMON 441815107 10,576 231,813 SH DEFINED 01 231,813
***HURRICANE HYDROCARBONS LTD CLASSA 44779E106 21 34,220 SH DEFINED 01 34,220
HUTCHINSON TECHNOLOGY INC COMMON 448407106 43 1,750 SH DEFINED 01 1,750
HYPERCOM CORP COMMON 44913M105 17 2,700 SH DEFINED 01 2,700
HYPERCOM CORP COMMON 44913M105 668 104,900 SH DEFINED 01 104,900
IMC GLOBAL INC COMMON 449669100 217 10,655 SH DEFINED 01 10,655
IXC COMMUNICATIONS INC COMMON 450713102 557 12,160 SH DEFINED 01 12,160
IKON OFFICE SOLUTIONS INC COMMON 451713101 170 13,275 SH DEFINED 01 13,275
IKON OFFICE SOLUTIONS INC COMMON 451713101 21 1,640 SH DEFINED 01 1,640
ILLINOVA CORP COMMON 452317100 511 24,140 SH DEFINED 01 24,140
ILLINOVA CORP COMMON 452317100 963 45,464 SH DEFINED 01 45,464
INDUS INTERNATIONAL INC COMMON 45578L100 14,173 3,193,771SH DEFINED 01 3,193,771
INDUS INTERNATIONAL INC COMMON 45578L100 99 22,498 SH DEFINED 01 22,498
INFORMIX CORP COMMON 456779107 170 23,100 SH DEFINED 01 23,100
INHALE THERAPEUTIC SYSTEMS INC COMMON 457191104 366 13,500 SH DEFINED 01 13,500
INHALE THERAPEUTIC SYSTEMS INC COMMON 457191104 43 1,604 SH DEFINED 01 1,604
INNKEEPERS USA TRUST-SBI REIT 4576J0104 96 10,400 SH DEFINED 01 10,400
INNKEEPERS USA TRUST-SBI REIT 4576J0104 88 9,459 SH DEFINED 01 9,459
INTEGRATED SECURITY SYSTEMS COMMON 45812J101 529 529,000 SH DEFINED 01 529,000
INTEL CORP COMMON 458140100 142 1,200 SH DEFINED 01 1,200
INTEL CORP COMMON 458140100 2,152 18,104 SH DEFINED 01 18,104
INTERIM SERVICES INC COMMON 45868P100 387 25,800 SH DEFINED 01 25,800
INTERMEDIA COMMUNICATIONS INC COMMON 458801107 862 32,411 SH DEFINED 01 32,411
INTERNATIONAL BUSINESS COMMON 459200101 129 730 SH DEFINED 01 730
INTERNATIONAL BUSINESS COMMON 459200101 1,598 9,020 SH DEFINED 01 9,020
INTL FAST FOOD CORP COMMON 45950Q107 16 30,636 SH DEFINED 01 30,636
INTERNATIONAL HOME FOODS INC COMMON 459655106 16 1,000 SH DEFINED 01 1,000
INTERNATIONAL HOME FOODS INC COMMON 459655106 183 11,400 SH DEFINED 01 11,400
INTL GAME TECHNOLOGY COMMON 459902102 442 30,237 SH DEFINED 01 30,237
INTERNATIONAL PAPER CO COMMON 460146103 1,173 27,819 SH DEFINED 01 27,819
INTIMATE BRANDS INC-CL A COMMON 461156101 13,855 287,900 SH DEFINED 01 287,900
INTUIT INC COMMON 461202103 905 8,899 SH DEFINED 01 8,899
IVAX CORP COMMON 465823102 534 45,255 SH DEFINED 01 45,255
JPM CO COMMON 465933109 92 8,500 SH DEFINED 01 8,500
JPM CO COMMON 465933109 33 3,060 SH DEFINED 01 3,060
JACOR COMMUNICATIONS INC CLASSA 469858401 33 435 SH DEFINED 01 435
JOHNSON & JOHNSON COMMON 478160104 233 2,500 SH DEFINED 01 2,500
JOHNSON & JOHNSON COMMON 478160104 1,203 12,870 SH DEFINED 01 12,870
K N ENERGY INC COMMON 482620101 11,822 592,946 SH DEFINED 01 592,946
KANSAS CITY SOUTHERN INDS INC COMMON 485170104 338 5,937 SH DEFINED 01 5,937
KELLOGG CO COMMON 487836108 169 5,000 SH DEFINED 01 5,000
KELLOGG CO COMMON 487836108 60 1,800 SH DEFINED 01 1,800
KIMBERLY CLARK CORP COMMON 494368103 7 160 SH DEFINED 01 160
KIMBERLY CLARK CORP COMMON 494368103 1,353 28,238 SH DEFINED 01 28,238
KIMCO REALTY CORP REIT 49446R109 315 8,554 SH DEFINED 01 8,554
KNOLL INC COMMON 498904101 36 1,500 SH DEFINED 01 1,500
*** KOREA ELECTRIC POWER CORP CBONDCNV 500631AF3 463 500,000 SH DEFINED 01 500,000
***KOREA FUND INC COMMON 500634100 309 30,000 SH DEFINED 01 30,000
KROGER CO COMMON 501044101 461 7,700 SH DEFINED 01 7,700
LTX CORP COMMON 502392103 263 54,782 SH DEFINED 01 54,782
LEAR CORP COMMON 521865105 76 1,800 SH DEFINED 01 1,800
LEAR CORP COMMON 521865105 428 10,046 SH DEFINED 01 10,046
LEATHER FACTORY INC COMMON 522126101 14 32,672 SH DEFINED 01 32,672
LEGATO SYSTEMS INC COMMON 524651106 975 18,900 SH DEFINED 01 18,900
LEGATO SYSTEMS INC COMMON 524651106 106 2,067 SH DEFINED 01 2,067
LEGGETT & PLATT INC COMMON 524660107 286 14,337 SH DEFINED 01 14,337
LEXMARK INTERNATIONAL GROUP COMMON 529771107 23 210 SH DEFINED 01 210
LEXMARK INTERNATIONAL GROUP COMMON 529771107 721 6,446 SH DEFINED 01 6,446
LIBERTY PROPERTY TRUST-SBI REIT 531172104 62 3,000 SH DEFINED 01 3,000
LIBERTY PROPERTY TRUST-SBI REIT 531172104 242 11,668 SH DEFINED 01 11,668
ELI LILLY & CO COMMON 532457108 114 1,350 SH DEFINED 01 1,350
ELI LILLY & CO COMMON 532457108 1,128 13,300 SH DEFINED 01 13,300
LIMITED INC COMMON 532716107 238 6,019 SH DEFINED 01 6,019
LINCOLN NATIONAL CORP-IND COMMON 534187109 355 3,600 SH DEFINED 01 3,600
LINEAR TECHNOLOGY CORP COMMON 535678106 384 7,500 SH DEFINED 01 7,500
LOCKHEED MARTIN CORP COMMON 539830109 192 5,102 SH DEFINED 01 5,102
LOCKHEED MARTIN CORP COMMON 539830109 226 6,004 SH DEFINED 01 6,004
LOEHMANNS INC NEW COMMON 540417102 14 12,425 SH DEFINED 01 12,425
LOEHMANNS INC NEW COMMON 540417102 3 2,826 SH DEFINED 01 2,826
***LOEWEN GROUP INC COMMON 54042L100 2 1,500 SH DEFINED 01 1,500
LONE STAR INDUSTRIES INC NEW COMMON 542290408 303 9,800 SH DEFINED 01 9,800
LOWES COMPANIES INC COMMON 548661107 7 125 SH DEFINED 01 125
LOWES COMPANIES INC COMMON 548661107 255 4,225 SH DEFINED 01 4,225
LUCENT TECHNOLOGIES INC COMMON 549463107 59 554 SH DEFINED 01 554
LUCENT TECHNOLOGIES INC COMMON 549463107 2,949 27,310 SH DEFINED 01 27,310
MBNA CORP COMMON 55262L100 120 5,062 SH DEFINED 01 5,062
MBNA CORP COMMON 55262L100 345 14,467 SH DEFINED 01 14,467
MCN ENERGY GROUP INC COMMON 55267J100 422 26,282 SH DEFINED 01 26,282
MGIC INVESTMENT CORP-WISC COMMON 552848103 1,963 56,000 SH DEFINED 01 56,000
MACK-CALI REALTY CORP COMMON 554489104 301 10,261 SH DEFINED 01 10,261
MAGNA INTERNATIONAL INC CBONDCNV 559222AE4 1,754 1,579,000SH DEFINED 01 1,579,000
MAGNA INTERNATIONAL INC CBONDCNV 559222AF1 49 50,000 SH DEFINED 01 50,000
***MAGNA INTERNATIONAL INC CLASSA 559222401 301 5,200 SH DEFINED 01 5,200
MARSHALL & ILSLEY CORP COMMON 571834100 274 4,957 SH DEFINED 01 4,957
MASSMUTUAL PARTICIPATION COMMON 576299101 312 26,000 SH DEFINED 01 26,000
MAXIM INTERGRATED PRODUCTS INC COMMON 57772K101 1,760 32,526 SH DEFINED 01 32,526
MAY DEPARTMENT STORES CO COMMON 577778103 269 6,885 SH DEFINED 01 6,885
MAYTAG CORP COMMON 578592107 356 5,900 SH DEFINED 01 5,900
MCDONALDS CORP COMMON 580135101 217 4,800 SH DEFINED 01 4,800
MCDONALDS CORP COMMON 580135101 110 2,440 SH DEFINED 01 2,440
MEDCO RESEARCH INC COMMON 584059109 304 11,700 SH DEFINED 01 11,700
MEDPARTNERS INC NEW COMMON 58503X107 9 2,000 SH DEFINED 01 2,000
MEDPARTNERS INC NEW COMMON 58503X107 71 15,000 SH DEFINED 01 15,000
MEDTRONIC INC COMMON 585055106 416 5,798 SH DEFINED 01 5,798
MELLON BANK CORP COMMON 585509102 471 6,700 SH DEFINED 01 6,700
MELLON BANK CORP COMMON 585509102 1,252 17,800 SH DEFINED 01 17,800
MENTOR GRAPHICS CORP COMMON 587200106 360 26,686 SH DEFINED 01 26,686
MERCANTILE BANCORPORATION-MO COMMON 587342106 95 2,000 SH DEFINED 01 2,000
MERCANTILE BANCORPORATION-MO COMMON 587342106 251 5,300 SH DEFINED 01 5,300
MERCANTILE BANKSHARES CORP COMMON 587405101 213 5,768 SH DEFINED 01 5,768
MERCK & CO INC COMMON 589331107 529 6,610 SH DEFINED 01 6,610
MERCK & CO INC COMMON 589331107 6,664 83,180 SH DEFINED 01 83,180
MERCURY GENERAL CORP NEW COMMON 589400100 774 22,200 SH DEFINED 01 22,200
MERIDIAN INDUSTRIAL TRUST INC COMMON 589643105 159 6,863 SH DEFINED 01 6,863
MERITOR AUTOMOTIVE INC COMMON 59000G100 205 13,246 SH DEFINED 01 13,246
MERRILL LYNCH & CO INC COMMON 590188108 893 10,100 SH DEFINED 01 10,100
METRIS COMPANIES INC COMMON 591598107 565 14,000 SH DEFINED 01 14,000
FRED MEYER INC-DEL NEW COMMON 592907109 82 1,400 SH DEFINED 01 1,400
MICROSOFT CORP COMMON 594918104 627 7,000 SH DEFINED 01 7,000
MICROSOFT CORP COMMON 594918104 20,341 226,962 SH DEFINED 01 226,962
MICRON TECHNOLOGY INC COMMON 595112103 390 8,100 SH DEFINED 01 8,100
***UTS MIDLAND BK PLC-1 ADR D1 PREFERED 597433853 502 19,000 SH DEFINED 01 19,000
MINNESOTA MINING & MFG CO COMMON 604059105 283 4,000 SH DEFINED 01 4,000
MINNESOTA MINING & MFG CO COMMON 604059105 297 4,200 SH DEFINED 01 4,200
MOBIL CORP COMMON 607059102 267 3,035 SH DEFINED 01 3,035
MOLEX INC COMMON 608554101 291 9,929 SH DEFINED 01 9,929
J P MORGAN & CO INC COMMON 616880100 444 3,600 SH DEFINED 01 3,600
MORTON INTERNATIONAL INC-IND COMMON 619335102 45,454 1,236,860SH DEFINED 01 1,236,860
MOTOROLA INC COMMON 620076109 146 2,000 SH DEFINED 01 2,000
MOTOROLA INC COMMON 620076109 2,124 29,000 SH DEFINED 01 29,000
MOVIE STAR INC-N.Y. COMMON 624591103 84 61,567 SH DEFINED 01 61,567
MUSICLAND STORES CORP COMMON 62758B109 113 12,600 SH DEFINED 01 12,600
MYLAN LABORATORIES INC COMMON 628530107 208 7,591 SH DEFINED 01 7,591
NBTY INC COMMON 628782104 282 58,000 SH DEFINED 01 58,000
NCR CORP NEW COMMON 62886E108 220 4,418 SH DEFINED 01 4,418
NTL INC COMMON 629407107 14 180 SH DEFINED 01 180
NABORS INDUSTRIES INC COMMON 629568106 636 35,018 SH DEFINED 01 35,018
NATIONAL SEMICONDUCTOR COMMON 637640103 756 81,200 SH DEFINED 01 81,200
***NATIONAL WESTMINSTER BANK ADR 638539700 457 17,500 SH DEFINED 01 17,500
NAUTICA ENTERPRISES INC COMMON 639089101 425 37,654 SH DEFINED 01 37,654
NEORX CORP NEW COMMON 640520300 15 10,050 SH DEFINED 01 10,050
NETWORKS ASSOCIATES INC COMMON 640938106 587 19,128 SH DEFINED 01 19,128
NETWORK APPLIANCE INC COMMON 64120L104 42 840 SH DEFINED 01 840
NETWORK APPLIANCE INC COMMON 64120L104 315 6,228 SH DEFINED 01 6,228
NETWORK PERIPHERALS INC COMMON 64121R100 15 3,000 SH DEFINED 01 3,000
NETWORK PERIPHERALS INC COMMON 64121R100 37 7,098 SH DEFINED 01 7,098
NEW CENTURY ENERGIES INC COMMON 64352U103 5,341 156,800 SH DEFINED 01 156,800
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NEWMONT MINING CORP COMMON 651639106 367 21,000 SH DEFINED 01 21,000
NEWPORT NEWS SHIPBUILDING INC COMMON 652228107 158 5,000 SH DEFINED 01 5,000
NEWPORT NEWS SHIPBUILDING INC COMMON 652228107 2,268 71,573 SH DEFINED 01 71,573
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***NEWS CORP LTD-ADR NEW ADR 652487703 2,507 85,000 SH DEFINED 01 85,000
NEXTEL COMMUNICATIONS INC-CL A COMMON 65332V103 266 7,264 SH DEFINED 01 7,264
NINE WEST GROUP INC COMMON 65440D102 58 2,373 SH DEFINED 01 2,373
NOBLE AFFILIATES INC COMMON 654894104 670 23,127 SH DEFINED 01 23,127
***NOKIA CORP-SPONSORED ADR ADR 654902204 6,276 40,299 SH DEFINED 01 40,299
NORDSTROM INC COMMON 655664100 861 21,085 SH DEFINED 01 21,085
NORTH FORK BANCORPORATION INC COMMON 659424105 316 15,000 SH DEFINED 01 15,000
NORTH FORK BANCORPORATION INC COMMON 659424105 498 23,609 SH DEFINED 01 23,609
NOVELL INC COMMON 670006105 755 30,000 SH DEFINED 01 30,000
NOVELL INC COMMON 670006105 669 26,582 SH DEFINED 01 26,582
NUVEEN PREMIUM INCOME COMMON 6706K4105 230 15,708 SH DEFINED 01 15,708
NUVEEN NEW JERSEY INVESTMENT COMMON 670971100 2,704 156,776 SH DEFINED 01 156,776
NUVEEN NEW JERSEY PREMIUM COMMON 67101N106 330 20,000 SH DEFINED 01 20,000
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OFFICE DEPOT INC COMMON 676220106 912 24,365 SH DEFINED 01 24,365
OFFICE DEPOT INC COMMON 676220106 413 11,046 SH DEFINED 01 11,046
OGDEN CORP COMMON 676346109 794 33,009 SH DEFINED 01 33,009
OLD KENT FINANCIAL CORP COMMON 679833103 204 4,837 SH DEFINED 01 4,837
ON ASSIGNMENT INC COMMON 682159108 3,021 117,922 SH DEFINED 01 117,922
ON ASSIGNMENT INC COMMON 682159108 87 3,429 SH DEFINED 01 3,429
ORACLE CORP COMMON 68389X105 26 1,000 SH DEFINED 01 1,000
ORACLE CORP COMMON 68389X105 1,343 50,936 SH DEFINED 01 50,936
ORGANOGENESIS INC COMMON 685906109 245 21,250 SH DEFINED 01 21,250
PMI GROUP INC COMMON 69344M101 221 4,773 SH DEFINED 01 4,773
PPG INDUSTRIES INC COMMON 693506107 256 5,000 SH DEFINED 01 5,000
PPG INDUSTRIES INC COMMON 693506107 533 10,400 SH DEFINED 01 10,400
PRI AUTOMATION INC COMMON 69357H106 343 16,356 SH DEFINED 01 16,356
PACIFICARE HEALTH SYSTEMS INC CLASSA 695112102 481 8,000 SH DEFINED 01 8,000
PACIFICORP COMMON 695114108 4 250 SH DEFINED 01 250
PACIFICORP COMMON 695114108 42 2,439 SH DEFINED 01 2,439
PAINE WEBBER GROUP INC COMMON 695629105 315 7,909 SH DEFINED 01 7,909
PAIRGAIN TECHNOLOGIES INC COMMON 695934109 640 65,700 SH DEFINED 01 65,700
PARK ELECTROCHEMICAL CORP COMMON 700416209 803 34,200 SH DEFINED 01 34,200
PATRIOT AMERICAN HOSPITALITY COMMON 703352203 202 39,482 SH DEFINED 01 39,482
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PENNSYLVANIA REAL ESTATE REIT 709102107 77 4,121 SH DEFINED 01 4,121
PEOPLESOFT INC COMMON 712713106 7 521 SH DEFINED 01 521
PEOPLESOFT INC COMMON 712713106 320 21,906 SH DEFINED 01 21,906
PEPSICO INC COMMON 713448108 333 8,500 SH DEFINED 01 8,500
PEPSICO INC COMMON 713448108 2,999 76,550 SH DEFINED 01 76,550
PHARMACIA & UPJOHN INC COMMON 716941109 2,994 48,000 SH DEFINED 01 48,000
PFIZER INC COMMON 717081103 625 4,508 SH DEFINED 01 4,508
PFIZER INC COMMON 717081103 3,676 26,500 SH DEFINED 01 26,500
PHILIP MORRIS COMPANIES INC COMMON 718154107 561 15,950 SH DEFINED 01 15,950
PHILIP MORRIS COMPANIES INC COMMON 718154107 5,515 156,752 SH DEFINED 01 156,752
PHOTON DYNAMICS INC COMMON 719364101 142 18,048 SH DEFINED 01 18,048
PHYSICIAN COMPUTER NETWORK INC COMMON 71940K109 631 400,000 SH DEFINED 01 400,000
PIONEER HI-BRED INTERNATIONAL COMMON 723686101 11 300 SH DEFINED 01 300
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PLATINUM TECHNOLOGY INTL INC COMMON 72764T101 319 12,540 SH DEFINED 01 12,540
PLATINUM TECHNOLOGY INTL INC COMMON 72764T101 99 3,900 SH DEFINED 01 3,900
POST PROPERTIES INC REIT 737464107 265 7,311 SH DEFINED 01 7,311
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PROCTER & GAMBLE CO COMMON 742718109 1,077 11,000 SH DEFINED 01 11,000
PROFESSIONAL DENTAL COMMON 74312H100 37 54,281 SH DEFINED 01 54,281
PROGENITOR INC COMMON 743188104 1 6,000 SH DEFINED 01 6,000
PROGENITOR INC COMMON 743188104 2 8,418 SH DEFINED 01 8,418
WTS PROGENITOR INC WARRANT 743188112 20,820 SH DEFINED 01 20,820
PROGRESSIVE CORP-OHIO COMMON 743315103 1,203 8,387 SH DEFINED 01 8,387
PROGRESSIVE CORP-OHIO COMMON 743315103 103 720 SH DEFINED 01 720
PROVIDIAN FINANCIAL CORP COMMON 74406A102 669 6,090 SH DEFINED 01 6,090
PROVIDIAN FINANCIAL CORP COMMON 74406A102 308 2,800 SH DEFINED 01 2,800
PUBLIC SERVICE CO OF NEW COMMON 744499104 571 33,591 SH DEFINED 01 33,591
PUBLIC STORAGE INC COMMON 74460D109 509 20,394 SH DEFINED 01 20,394
QUALCOMM INC COMMON 747525103 99 800 SH DEFINED 01 800
QUALCOMM INC COMMON 747525103 418 3,367 SH DEFINED 01 3,367
QUINTILES TRANSNATIONAL CORP COMMON 748767100 26 SH DEFINED 01 26
QUINTILES TRANSNATIONAL CORP COMMON 748767100 2,179 57,729 SH DEFINED 01 57,729
QUINTILES TRANSNATIONAL CORP CBONDCNV 748767AC4 940 882,000 SH DEFINED 01 882,000
QWEST COMMUNICATIONS COMMON 749121109 1,727 23,960 SH DEFINED 01 23,960
QWEST COMMUNICATIONS COMMON 749121109 203 2,828 SH DEFINED 01 2,828
RAMTRON INTERNATIONAL CORP COMMON 751907106 22 32,350 SH DEFINED 01 32,350
RAYTHEON CO-CL A CLASSA 755111309 259 4,500 SH DEFINED 01 4,500
RENAISSANCE WORLDWIDE INC COMMON 75968A109 63 10,291 SH DEFINED 01 10,291
REPUBLIC INDUSTRIES INC COMMON 760516104 178 14,400 SH DEFINED 01 14,400
***REUTERS GROUP PLC ADR 76132M102 1,357 15,621 SH DEFINED 01 15,621
REYNOLDS & REYNOLDS CO-CL A COMMON 761695105 248 13,064 SH DEFINED 01 13,064
REYNOLDS METALS CO COMMON 761763101 2,421 50,120 SH DEFINED 01 50,120
ROBERT HALF INTERNATIONAL INC COMMON 770323103 32 1,000 SH DEFINED 01 1,000
ROBERT HALF INTERNATIONAL INC COMMON 770323103 173 5,300 SH DEFINED 01 5,300
ROUSE CO COMMON 779273101 304 13,744 SH DEFINED 01 13,744
***ROYAL BANK OF SCOTLAND GRP PREFERED 780097804 239 9,000 SH DEFINED 01 9,000
***ROYAL BK OF SCOTLND GRP PLC PREFERED 780097887 496 20,000 SH DEFINED 01 20,000
***ROYAL BK OF SCOTLND GRP PLC PREFERED 780097887 610 24,600 SH DEFINED 01 24,600
SBC COMMUNICATIONS INC COMMON 78387G103 86 1,836 SH DEFINED 01 1,836
SBC COMMUNICATIONS INC COMMON 78387G103 821 17,400 SH DEFINED 01 17,400
SCI SYSTEMS INC COMMON 783890106 17,150 578,927 SH DEFINED 01 578,927
SEI INVESTMENTS CO COMMON 784117103 305 3,300 SH DEFINED 01 3,300
SL GREEN REALTY CORP COMMON 78440X101 103 5,500 SH DEFINED 01 5,500
SL GREEN REALTY CORP COMMON 78440X101 4,091 217,467 SH DEFINED 01 217,467
STANDARD & POORS DEPOSITARY COMMON 78462F103 7,274 56,663 SH DEFINED 01 56,663
SAFEGUARD SCIENTIFICS INC COMMON 786449108 3,510 52,000 SH DEFINED 01 52,000
SAFEWAY INC COMMON 786514208 1,512 29,482 SH DEFINED 01 29,482
SAFEWAY INC COMMON 786514208 92 1,800 SH DEFINED 01 1,800
SCHERING PLOUGH CORP COMMON 806605101 11 200 SH DEFINED 01 200
SCHERING PLOUGH CORP COMMON 806605101 4,055 73,400 SH DEFINED 01 73,400
SCHLUMBERGER LTD COMMON 806857108 240 4,000 SH DEFINED 01 4,000
SCHLUMBERGER LTD COMMON 806857108 385 6,400 SH DEFINED 01 6,400
CHARLES SCHWAB CORP NEW COMMON 808513105 1,927 20,050 SH DEFINED 01 20,050
CHARLES SCHWAB CORP NEW COMMON 808513105 259 2,700 SH DEFINED 01 2,700
***SEA CONTAINERS LTD-CL A CLASSA 811371707 617 21,400 SH DEFINED 01 21,400
***SEAGRAM CO LTD COMMON 811850106 1,075 21,500 SH DEFINED 01 21,500
***SEAGRAM CO LTD COMMON 811850106 30 619 SH DEFINED 01 619
SEARS ROEBUCK & CO COMMON 812387108 239 5,300 SH DEFINED 01 5,300
SEARS ROEBUCK & CO COMMON 812387108 34 770 SH DEFINED 01 770
SMITH INTERNATIONAL INC COMMON 832110100 224 5,609 SH DEFINED 01 5,609
***SMITHKLINE BEECHAM PLC-ADR ADR 832378301 501 7,020 SH DEFINED 01 7,020
SOLUTIA INC COMMON 834376105 265 15,273 SH DEFINED 01 15,273
SONAT INC COMMON 835415100 6 200 SH DEFINED 01 200
***SONY CORP-ADR NEW ADR 835699307 255 2,800 SH DEFINED 01 2,800
***SONY CORP-ADR NEW ADR 835699307 11 130 SH DEFINED 01 130
SPIEKER PROPERTIES INC REIT 848497103 390 11,079 SH DEFINED 01 11,079
SPRINT CORP COMMON 852061100 147 1,500 SH DEFINED 01 1,500
SPRINT CORP COMMON 852061100 135 1,379 SH DEFINED 01 1,379
STAR GAS PARTNERS LP COMMON 85512C105 203 14,500 SH DEFINED 01 14,500
STARBUCKS CORP COMMON 855244109 244 8,706 SH DEFINED 01 8,706
STILLWATER MINING CO SUB NOTE CBONDCNV 86074QAC6 1,659 1,114,000SH DEFINED 01 1,114,000
STORAGE TECHNOLOGY CORP NEW COMMON 862111200 203 7,318 SH DEFINED 01 7,318
STRYKER CORP COMMON 863667101 217 4,318 SH DEFINED 01 4,318
SUBURBAN PROPANE PARTNERS LP COMMON 864482104 27 1,500 SH DEFINED 01 1,500
SUBURBAN PROPANE PARTNERS LP COMMON 864482104 448 24,500 SH DEFINED 01 24,500
SUN MICROSYSTEMS INC COMMON 866810104 4 35 SH DEFINED 01 35
SUN MICROSYSTEMS INC COMMON 866810104 805 6,440 SH DEFINED 01 6,440
SUNDSTRAND CORP COMMON 867323107 1,489 21,427 SH DEFINED 01 21,427
SUNGARD DATA SYSTEMS INC COMMON 867363103 210 5,255 SH DEFINED 01 5,255
SUNSHINE MINING & REFINING CO COMMON 867833105 5 11,200 SH DEFINED 01 11,200
SUNTRUST BANKS INC COMMON 867914103 311 5,000 SH DEFINED 01 5,000
SUNSTONE HOTEL INVESTORS INC COMMON 867933103 78 10,890 SH DEFINED 01 10,890
SYQUEST TECHNOLOGY INC COMMON 871660106 3 10,000 SH DEFINED 01 10,000
SYQUEST TECHNOLOGY INC COMMON 871660106 4 13,000 SH DEFINED 01 13,000
TECO ENERGY INC COMMON 872375100 196 9,891 SH DEFINED 01 9,891
***TALISMAN ENERGY INC COMMON 87425E103 215 10,000 SH DEFINED 01 10,000
TATHAM OFFSHORE INC NEW COMMON 876628603 436 1,395,143 SH DEFINED 01 1,395,143
TAUBMAN CENTERS INC REIT 876664103 158 12,928 SH DEFINED 01 12,928
***TELECOM ITALIA SPA ADR 87927W106 396 3,800 SH DEFINED 01 3,800
***TELECOM ARGENTINA STET- ADR 879273209 516 18,815 SH DEFINED 01 18,815
***TELECOM CORP OF NEW ZEALAND ADR 879278208 366 9,400 SH DEFINED 01 9,400
***TELECOMUNICACOES BRASILEI- ADR 879287100 3 22,700 SH DEFINED 01 22,700
***TELEFONICA DE ARGENTINA SA ADR 879378206 1,115 36,885 SH DEFINED 01 36,885
***TELEFONICA DE ESPANA SA ADR 879382208 1,609 12,600 SH DEFINED 01 12,600
***TELEFONICA DEL PERU SA COMMON 879384105 245 19,256 SH DEFINED 01 19,256
*** TELEFONOS DE MEXICO SADE ADR 879403780 303 4,600 SH DEFINED 01 4,600
***TELEGLOBE INC COMMON 87941V100 254 8,400 SH DEFINED 01 8,400
TELIGENT INC-CL A COMMON 87959Y103 469 11,287 SH DEFINED 01 11,287
TELLABS INC COMMON 879664100 102 1,050 SH DEFINED 01 1,050
TELLABS INC COMMON 879664100 702 7,182 SH DEFINED 01 7,182
TERADYNE INC COMMON 880770102 948 17,382 SH DEFINED 01 17,382
TESORO PETROLEUM CORP COMMON 881609101 577 52,500 SH DEFINED 01 52,500
TEXACO INC COMMON 881694103 357 6,300 SH DEFINED 01 6,300
TEXAS INSTRUMENTS INC COMMON 882508104 14 150 SH DEFINED 01 150
TEXAS INSTRUMENTS INC COMMON 882508104 7,008 70,619 SH DEFINED 01 70,619
3COM CORP COMMON 885535104 139 6,000 SH DEFINED 01 6,000
3COM CORP COMMON 885535104 1,406 60,342 SH DEFINED 01 60,342
THREE FIVE SYSTEMS INC COMMON 88554L108 494 57,300 SH DEFINED 01 57,300
TIME WARNER INC (HOLDING CO) COMMON 887315109 70 1,000 SH DEFINED 01 1,000
TIME WARNER INC (HOLDING CO) COMMON 887315109 120 1,706 SH DEFINED 01 1,706
TOSCO CORP NEW COMMON 891490302 1,782 71,846 SH DEFINED 01 71,846
TRANSAMERICA CORP COMMON 893485102 1,519 21,400 SH DEFINED 01 21,400
TRANSMEDIA NETWORK INC NEW COMMON 893767301 38 10,000 SH DEFINED 01 10,000
***TRANSOCEAN OFFSHORE INC COMMON 893817106 288 10,018 SH DEFINED 01 10,018
TRIGON HEALTHCARE INC COMMON 89618L100 205 5,991 SH DEFINED 01 5,991
***TV AZTECA SA DE CV ADR 901145102 575 92,100 SH DEFINED 01 92,100
***TYCO INTERNATIONAL LTD COMMON 902124106 886 12,356 SH DEFINED 01 12,356
***TYCO INTERNATIONAL LTD COMMON 902124106 547 7,628 SH DEFINED 01 7,628
TYSON FOODS INC-CL A CLASSA 902494103 223 10,810 SH DEFINED 01 10,810
UST INC COMMON 902911106 5 225 SH DEFINED 01 225
UST INC COMMON 902911106 263 10,080 SH DEFINED 01 10,080
U S BANCORP-DEL COMMON 902973106 1,570 46,100 SH DEFINED 01 46,100
UNION CAMP CORP COMMON 905530101 8 120 SH DEFINED 01 120
UNITED DOMINION REALTY TRUST REIT 910197102 191 18,718 SH DEFINED 01 18,718
UNITED STATES FILTER CORP NEW COMMON 911843209 15,845 517,400 SH DEFINED 01 517,400
US AIRWAYS GROUP INC COMMON 911905107 1,073 22,000 SH DEFINED 01 22,000
UNITED TECHNOLOGIES CORP COMMON 913017109 338 2,500 SH DEFINED 01 2,500
UNITED TECHNOLOGIES CORP COMMON 913017109 6,029 44,519 SH DEFINED 01 44,519
UNOCAL CORP COMMON 915289102 295 8,000 SH DEFINED 01 8,000
UNOCAL CORP COMMON 915289102 11 300 SH DEFINED 01 300
VLSI TECHNOLOGY INC COMMON 918270109 4,851 250,422 SH DEFINED 01 250,422
VALERO ENERGY CORP NEW COMMON 91913Y100 520 20,927 SH DEFINED 01 20,927
VANGUARD CELLULAR SYSTEMS INC CLASSA 922022108 45 1,673 SH DEFINED 01 1,673
VARCO INTERNATIONAL INC COMMON 922126107 223 20,046 SH DEFINED 01 20,046
VARIAN ASSOCIATES INC COMMON 922204102 5,726 147,773 SH DEFINED 01 147,773
VERITAS SOFTWARE CORP COMMON 923436109 671 8,315 SH DEFINED 01 8,315
VITESSE SEMICONDUCTOR CORP COMMON 928497106 182 3,607 SH DEFINED 01 3,607
VITESSE SEMICONDUCTOR CORP COMMON 928497106 10 203 SH DEFINED 01 203
***VITRO SA-SPONSORED ADR ADR 928502301 161 27,800 SH DEFINED 01 27,800
***VODAFONE GROUP PLC ADR 92857T107 375 2,000 SH DEFINED 01 2,000
VORNADO REALTY TRUST REIT 929042109 415 12,049 SH DEFINED 01 12,049
VULCAN MATERIALS CO COMMON 929160109 855 20,718 SH DEFINED 01 20,718
WAL-MART STORES INC COMMON 931142103 27 300 SH DEFINED 01 300
WAL-MART STORES INC COMMON 931142103 377 4,100 SH DEFINED 01 4,100
WANG LABORATORIES INC NEW-DEP PREFCONV 93369N604 1,301 28,303 SH DEFINED 01 28,303
WARNACO GROUP INC-CL A CLASSA 934390105 205 8,327 SH DEFINED 01 8,327
WARNER-LAMBERT CO COMMON 934488107 1,232 18,600 SH DEFINED 01 18,600
WASHINGTON MUTUAL INC COMMON 939322103 218 5,346 SH DEFINED 01 5,346
WASHINGTON MUTUAL INC COMMON 939322103 1,699 41,576 SH DEFINED 01 41,576
WASHINGTON POST CO-CL B COMMON 939640108 322 618 SH DEFINED 01 618
WATSON PHARMACEUTICALS INC COMMON 942683103 4,171 94,531 SH DEFINED 01 94,531
WEINGARTEN REALTY INVESTORS REIT 948741103 1,254 31,666 SH DEFINED 01 31,666
***WESTCOAST ENERGY INC COMMON 95751D102 465 23,800 SH DEFINED 01 23,800
WESTELL TECHNOLOGIES INC-CL A COMMON 957541105 331 75,200 SH DEFINED 01 75,200
WESTERN INVESTMENT REAL ESTATE REIT 958468100 59 5,760 SH DEFINED 01 5,760
WESTERN INVESTMENT REAL ESTATE REIT 958468100 52 5,039 SH DEFINED 01 5,039
WESTFIELD AMERICA INC COMMON 959910100 250 14,375 SH DEFINED 01 14,375
WINSTAR COMMUNICATIONS INC COMMON 975515107 54 1,500 SH DEFINED 01 1,500
WINSTAR COMMUNICATIONS INC COMMON 975515107 668 18,400 SH DEFINED 01 18,400
XILINX INC COMMON 983919101 28 710 SH DEFINED 01 710
XILINX INC COMMON 983919101 334 8,242 SH DEFINED 01 8,242
XEROX CORP COMMON 984121103 295 5,670 SH DEFINED 01 5,670
XEROX CORP COMMON 984121103 813 15,600 SH DEFINED 01 15,600
***YPF SOCIEDAD ANOMIMA ADR 984245100 7 250 SH DEFINED 01 250
***YPF SOCIEDAD ANOMIMA ADR 984245100 12,042 381,536 SH DEFINED 01 381,536
NOEL GROUP INC. COMMON 655260107 413 565,395 SH DEFINED 01 565,395
GULFMARK OFFSHORE INC. COMMON 402629109 20,708 2,030,226 SH DEFINED 01 2,030,226
WEATHERFORD INTERNATIONAL INC. COMMON 292740107 93,120 3,598,832 SH DEFINED 01 3,598,832
WALTER INDUSTRIES INC. COMMON 93317Q105 32,411 2,849,321 SH DEFINED 0 2,849,321
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