<PAGE>
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, 2000
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: Deltec Asset Management Corporation
Address: 645 Fifth Avenue
New York, New York 10022
Form 13F File Number: 28-4706
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 herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Stephen Zupello
Title: Managing Director and Chief Operating Officer
Phone: (212) 546-6285
Signature, Place, and Date of Signing:
/s/ Stephen Zupello New York, New York May 9, 2000
___________________ __________________ _________________
[Signature] [City, State] [Date]
<PAGE>
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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
2
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 57
Form 13F Information Table Value Total: $390,002
[thousands]
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
[Repeat as necessary.]
3
<PAGE>
<TABLE>
FORM 13 F PORTIA REPORT
**dgv13f--CONSOLIDATED
As of: March 31, 2000
Form 13F INFORMATION TABLE
<CAPTION>
TITLE CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS NUMBER (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- -------------- ------- ------ ------ ------- --- ---- ---------- -------- ----- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abbott Laboratories Common Stock 002824100 $243 6,900 Sh n/a sole 6,900
Abgenix Inc. Common Stock 00339B107 13.81 100 Sh n/a sole 100
Advanced Photonix Inc -
CL A Common Stock 00754e107 237.40 55,050 Sh n/a sole 55,050
Advanta Corp - Cl B Common Stock 007942204 7.24 500 Sh n/a sole 500
Aeroflex Inc Common Stock 007768104 5,256.90 106,200 Sh n/a sole 106,200
Aetna Life & Casualty Co Common Stock 008117103 13.59 244 Sh n/a sole 244
Agnico Eagle Mines Ltd
COM Common Stock 008474108 83.44 15,000 Sh n/a sole 15,000
Agribiotech Inc Common Stock 008494106 1.80 15,000 Sh n/a sole 15,000
Alliant Energy Corp Common Stock 018802108 82.18 2,700 Sh n/a sole 2,700
Allied Irish Banks -
Spns ADR Common Stock 019228402 1.93 100 Sh n/a sole 100
America Online Inc Common Stock 02364J104 2,101.90 31,255 Sh n/a sole 31,255
American Express Company Common Stock 25816109 148.94 1,000 Sh n/a sole 1,000
American Home Products Common Stock 26609107 198.41 3,700 Sh n/a sole 3,700
American International
Group Inc Common Stock 26874107 4,320.65 39,458 Sh n/a sole 39,458
American Mobile
Satellite Corp. Common Stock 02755R103 1,584.00 66,000 Sh n/a sole 66,000
American Telephone &
Telegraph Co Common Stock 001957109 33.75 600 Sh n/a sole 600
American Water Works,
Inc. Common Stock 030411102 42.75 1,800 Sh n/a sole 1,800
Amgen Inc Common Stock 031162100 61.38 1,000 Sh n/a sole 1,000
AMR Corp/Del Common Stock 00765106 63.75 2,000 Sh n/a sole 2,000
Amylin Pharmaceuticals
Inc. Common Stock 032346108 5,172.74 381,400 Sh n/a sole 381,400
Anadarko Petroleum Corp Common Stock 032511107 1,118.15 28,902 Sh n/a sole 28,902
Anglogold Limited-Spon
ADR Common Stock 035128206 24.00 1,000 Sh n/a sole 1,000
Anheuser-Busch Cos Inc Common Stock 035229103 529.13 8,500 Sh n/a sole 8,500
Antec Corp. Common Stock 03664P105 4,929.38 110,000 Sh n/a sole 110,000
Aracruz Celulose SA -
Spns ADR Common Stock 038496204 644.10 30,400 Sh n/a sole 30,400
Asia Pulp & Paper - Wts Common Stock 04516V209 0.10 400 Sh n/a sole 400
Asiainfo Holdings Inc. Common Stock 04518A104 302.50 5,000 Sh n/a sole 5,000
Astrazeneca Plc - Spons
ADR Common Stock 046353108 2,632.50 65,000 Sh n/a sole 65,000
AT&T Liberty Media - A Common Stock 001957208 1,024.09 17,266 Sh n/a sole 17,266
Atlas Air Inc Common Stock 049164106 2,440.76 89,160 Sh n/a sole 89,160
Autotote Corp - CL A Common Stock 053323101 1,110.13 250,170 Sh n/a sole 250,170
4
<PAGE>
Avon Products Inc Common Stock 054303102 87.19 3,000 Sh n/a sole 3,000
AXA Financial Inc. Common Stock 002451102 717.50 20,000 Sh n/a sole 20,000
AXA Sponsored ADR Common Stock 054536107 14.34 200 Sh n/a sole 200
B.V.R. Technologies Ltd. Common Stock M20514101 1,651.13 119,000 Sh n/a sole 119,000
Bank of Tokyo -
Mitsubishi ADR Common Stock 065379109 12.77 900 Sh n/a sole 900
Battle Mountain Gold,
Co. Common Stock 071593107 42.63 22,000 Sh n/a sole 22,000
BE Aerospace Inc Common Stock 073302101 7.05 1,200 Sh n/a sole 1,200
Bell Atlantic Corp Common Stock 077853109 611.25 10,000 Sh n/a sole 10,000
Bellsouth Corp Common Stock 079860102 118.44 2,520 Sh n/a sole 2,520
Benchmark Electronics,
Inc. Common Stock 08160H101 15,980.30 431,900 Sh n/a sole 431,900
Berkshire Hathaway Inc
- Cl A Common Stock 084670108 114.40 2 Sh n/a sole 2
Bestfoods Common Stock 08658U101 81.45 1,740 Sh n/a sole 1,740
BP Amoco PLC Spons ADR Common Stock 055622104 80.23 1,512 Sh n/a sole 1,512
Brio Technology, Inc. Common Stock 109704106 33.98 900 Sh n/a sole 900
Bristol-Myers Squibb Co. Common Stock 110122108 840.38 14,552 Sh n/a sole 14,552
Broadway Financial
Corp/Del Common Stock 111444105 1,806.77 233,131 Sh n/a sole 233,131
Broadwing Inc. Common Stock 111620100 37.19 1,000 Sh n/a sole 1,000
Buy.com Inc. Common Stock 124269101 19.50 2,000 Sh n/a sole 2,000
Cabletron Systems Common Stock 126920107 2,491.56 85,000 Sh n/a sole 85,000
Cadbury Schweppes PLC -
Sp ADR Common Stock 127209302 283.75 10,000 Sh n/a sole 10,000
Cadence Design System
Inc Common Stock 127387108 124.50 6,000 Sh n/a sole 6,000
Canadian Imperial Bank
of Commerce Common Stock 136069101 58.25 2,000 Sh n/a sole 2,000
Carson Inc - CL A Common Stock 145845103 21.88 5,000 Sh n/a sole 5,000
CBS Corporation Common Stock 12490K107 101.93 1,800 Sh n/a sole 1,800
Cell Genesys Inc. Common Stock 150921104 31.97 1,500 Sh n/a sole 1,500
Cemex SA - Spns ADR Common Stock 151290889 3,766.34 166,468 Sh n/a sole 166,468
Centurytel Inc. Common Stock 156700106 185.63 5,000 Sh n/a sole 5,000
Charles Schwab
Corporation Common Stock 808513105 852.19 15,000 Sh n/a sole 15,000
Charter Communications
Inc - A Common Stock 16117M107 74.51 5,200 Sh n/a sole 5,200
Chase Manhattan Corp New Common Stock 16161A108 30.52 350 Sh n/a sole 350
Chevron Corp Common Stock 166751107 16.18 175 Sh n/a sole 175
China Telecom HK Ltd -
Spns ADR Common Stock 169428109 177.25 1,000 Sh n/a sole 1,000
Chirex Inc. Common Stock 170038103 46.20 2,400 Sh n/a sole 2,400
Chubb Corp. Common Stock 171232101 121.61 1,800 Sh n/a sole 1,800
CIA Paranaense de
Energia Spon ADR Pf Common Stock 20441B407 3,005.60 353,600 Sh n/a sole 353,600
Cisco Systems Inc Common Stock 17275R102 3,794.50 49,080 Sh n/a sole 49,080
Citigroup Inc Common Stock 172967101 1,865.08 31,445 Sh n/a sole 31,445
Citizens Utilities Co.
CL B Common Stock 177342201 3,659.81 223,500 Sh n/a sole 223,500
5
<PAGE>
City Investing Co.
Liquidating Trust Common Stock 177900107 320.31 250,000 Sh n/a sole 250,000
Clarent Corp. Common Stock 180461105 90.19 1,000 Sh n/a sole 1,000
CMGI Inc Common Stock 125750109 45.33 400 Sh n/a sole 400
Coca-Cola Company Common Stock 191216100 708.76 15,100 Sh n/a sole 15,100
Colgate Palmolive Co. Common Stock 194162103 620.13 11,000 Sh n/a sole 11,000
Comdisco Inc Common Stock 200336105 6,486.38 147,000 Sh n/a sole 147,000
Commerce One Inc. Common Stock 200693109 29.85 200 Sh n/a sole 200
Companhia Brazileira
Distribuicao-ADR Common Stock 20440T201 1,194.05 33,400 Sh n/a sole 33,400
Compania Anonima
Nacional Telefonos Common Stock 204421101 192.27 6,630 Sh n/a sole 6,630
Compaq Computer Corp Common Stock 204493100 68.43 2,570 Sh n/a sole 2,570
Computer Motion Inc. Common Stock 205253107 9.44 1,000 Sh n/a sole 1,000
Conceptus, Inc. Common Stock 206016107 7.64 1,091 Sh n/a sole 1,091
Concord Camera Corp Common Stock 206156101 27,521.18 500,385 Sh n/a sole 500,385
Concord Communications
Inc. Common Stock 206186108 74.68 2,100 Sh n/a sole 2,100
Conectiv Inc Common Stock 206829103 3.59 205 Sh n/a sole 205
Constellation Energy
Group Common Stock 210371100 7.84 246 Sh n/a sole 246
Corel Corp. Common Stock 21868Q109 2.04 200 Sh n/a sole 200
Corn Products
International Inc Common Stock 219023108 46.56 1,935 Sh n/a sole 1,935
Corning Inc. Common Stock 219350105 213.40 1,100 Sh n/a sole 1,100
Costco Wholesale Corp Common Stock 22160K105 946.13 18,000 Sh n/a sole 18,000
Cotelligent Inc. Common Stock 221630106 4.07 700 Sh n/a sole 700
Crescent Real Estate
Equities Co Common Stock 225756105 42.00 2,400 Sh n/a sole 2,400
Cumulus Media Inc. -
CL A Common Stock 231082108 57.50 4,000 Sh n/a sole 4,000
Cypress Semiconductors
Corp. Common Stock 232806109 4,060.88 82,350 Sh n/a sole 82,350
Datalink.net Inc. Common Stock 23804A206 636.88 10,000 Sh n/a sole 10,000
Dell Computer Corp Common Stock 247025109 134.04 2,485 Sh n/a sole 2,485
Delphi Automotive
Systems Common Stock 247126105 11.18 699 Sh n/a sole 699
Digex Inc. Common Stock 253756100 665.63 6,000 Sh n/a sole 6,000
Doubleclick Inc Common Stock 258609304 9.36 100 Sh n/a sole 100
Dreyfus Strategic
Municipals Inc Common Stock 261932107 0.42 53 Sh n/a sole 53
Dupont Denemours & Co Common Stock 263534109 94.54 1,788 Sh n/a sole 1,788
Earthshell Corp. Common Stock 27032B100 4.13 1,000 Sh n/a sole 1,000
Eastman Chemical
Company Common Stock 277432100 15.79 347 Sh n/a sole 347
Eastman Kodak Co Common Stock 277461109 65.18 1,200 Sh n/a sole 1,200
Eaton Vance Nat'l
Municipal Income Tr. Common Stock 27826U108 106.88 9,500 Sh n/a sole 9,500
Ebay Inc Common Stock 278642103 88.00 500 Sh n/a sole 500
Echo Bay Mines Ltd. Common Stock 278751102 15.75 12,000 Sh n/a sole 12,000
EFTC Corporation Common Stock 268443108 3,186.50 1,274,600 Sh n/a sole 1,274,600
Electronics Arts Inc Common Stock 285512109 56.95 800 Sh n/a sole 800
Eli Lilly & Company Common Stock 532457108 1,953.00 31,000 Sh n/a sole 31,000
6
<PAGE>
Embratel Participacoes
SA - Spns ADR Common Stock 29081N100 6,335.78 247,250 Sh n/a sole 247,250
Emerge Interactive Inc
- CL A Common Stock 29088W103 - 100 Sh n/a sole 100
Emerson Electric & Co Common Stock 291011104 23.79 450 Sh n/a sole 450
Encal Energy Ltd Common Stock 29250D107 0.58 121 Sh n/a sole 121
Enron Corp Common Stock 293561106 381.86 5,100 Sh n/a sole 5,100
Ensco International Inc Common Stock 26874Q100 108.38 3,000 Sh n/a sole 3,000
Esco Electronics Corp Common Stock 269030201 0.18 11 Sh n/a sole 11
Estee Lauder Companies
Cl A Common Stock 518439104 22.53 450 Sh n/a sole 450
E'Town Corp Common Stock 269242103 56.93 900 Sh n/a sole 900
Euro909.com A/S -
Spns ADR Common Stock 298737107 13,684.61 655,550 Sh n/a sole 655,550
Extreme Networks, Inc. Common Stock 30226D106 414.75 5,250 Sh n/a sole 5,250
Exxon Mobil Corporation Common Stock 30231G102 420.81 5,408 Sh n/a sole 5,408
Federal Mogul Corp Common Stock 313549107 8.34 500 Sh n/a sole 500
Federal National
Mortgage Association Common Stock 313586109 191.89 3,400 Sh n/a sole 3,400
First Virginia Banks,
Inc. Common Stock 337477103 33.81 900 Sh n/a sole 900
Flanders Corporation Common Stock 338494107 2,841.00 757,600 Sh n/a sole 757,600
Ford Motor Company Common Stock 345370100 68.91 1,500 Sh n/a sole 1,500
Franklin Resources Inc Common Stock 354613101 2,725.16 81,500 Sh n/a sole 81,500
Frequency Electronics
Inc Common Stock 358010106 54.75 3,000 Sh n/a sole 3,000
Galileo Technology Ltd Common Stock M47298100 4,457.56 244,250 Sh n/a sole 244,250
Gap Inc Common Stock 364760108 24.91 500 Sh n/a sole 500
Genelabs Technologies
Inc Common Stock 368706107 67.03 10,833 Sh n/a sole 10,833
Genentech, Inc. Common Stock 368710406 19.00 125 Sh n/a sole 125
General Electric Co. Common Stock 369604103 945.87 6,095 Sh n/a sole 6,095
General Motors Class H Common Stock 370442832 86.13 1,000 Sh n/a sole 1,000
General Motors Corp Common Stock 370442105 1,134.53 13,700 Sh n/a sole 13,700
Genzyme Corp Common Stock 372917104 67.67 1,350 Sh n/a sole 1,350
Genzyme Surgical
Products Common Stock 372917609 35.25 3,000 Sh n/a sole 3,000
Geoworks Corp. Common Stock 373692102 142.50 4,000 Sh n/a sole 4,000
Gerdau SA - Spns ADR Common Stock 373737105 364.00 14,000 Sh n/a sole 14,000
Gillette Co. Common Stock 375766102 465.44 12,350 Sh n/a sole 12,350
Glaxo Wellcome PLC Adr Common Stock 37733W105 143.28 2,500 Sh n/a sole 2,500
Global Crossing Ltd Common Stock G3921A100 204.69 5,000 Sh n/a sole 5,000
Global Telesystems Group
Inc Common Stock 37936U104 3,808.90 185,800 Sh n/a sole 185,800
Globo Cabo S.A. - SP ADR Common Stock 37957X102 281.25 15,000 Sh n/a sole 15,000
Gold Fields Ltd. -
Sp ADR Common Stock 38059T106 19.38 5,000 Sh n/a sole 5,000
Golden Star Resources
Ltd Common Stock 38119T104 33.75 30,000 Sh n/a sole 30,000
Graphon Corp. Common Stock 388707101 809.75 41,000 Sh n/a sole 41,000
Great China Fund Inc Common Stock 39167B102 3.54 416 Sh n/a sole 416
Grupo Televisa SA - GDR Common Stock 40049J206 2,203.20 32,400 Sh n/a sole 32,400
7
<PAGE>
GST Telecommunications
Inc Common Stock 361942105 9.19 1,500 Sh n/a sole 1,500
Gulf Indonesia Resources
Ltd Common Stock 402284103 3.97 500 Sh n/a sole 500
Harmony Gold Mining Co.
Ltd - Spns ADR Common Stock 413216300 52.06 8,500 Sh n/a sole 8,500
Hellenic Telecommun Org
- ADR Common Stock 423325307 43.50 3,000 Sh n/a sole 3,000
Hewlett - Packard Co. Common Stock 428236103 318.15 2,400 Sh n/a sole 2,400
Hispanic Broadcasting
Corp. Common Stock 43357B104 2.83 25 Sh n/a sole 25
Hitachi Ltd -Spns ADR Common Stock 433578507 36.56 300 Sh n/a sole 300
Home Depot Inc Common Stock 437076102 1,088.44 16,875 Sh n/a sole 16,875
Homestake Mining Co. Common Stock 437614100 51.60 8,600 Sh n/a sole 8,600
Huffy Corp. Common Stock 444356109 8.75 2,000 Sh n/a sole 2,000
Icici Ltd. - Spns ADR Common Stock 44926P202 2,582.13 113,500 Sh n/a sole 113,500
Idexx Laboratories Inc Common Stock 45168D104 497.75 21,351 Sh n/a sole 21,351
Ikon office Solutions,
Inc. Common Stock 451713101 4.64 750 Sh n/a sole 750
Ilex Oncology, Inc. Common Stock 451923106 216.85 5,163 Sh n/a sole 5,163
Imaging Technologies
Corp. Common Stock 45244U104 0.13 200 Sh n/a sole 200
Impsat Fiber Networks,
Inc. Common Stock 45321T103 112.00 4,000 Sh n/a sole 4,000
Inco Ltd. Common Stock 453258402 30.22 1,650 Sh n/a sole 1,650
ING Groep NV - Spns ADR Common Stock 456837103 8.25 150 Sh n/a sole 150
Intel Corp Common Stock 458140100 584.48 4,430 Sh n/a sole 4,430
Interdigital Comm Corp. Common Stock 45866A105 2.50 100 Sh n/a sole 100
Intermedia
Communications Inc Common Stock 458801107 96.63 2,000 Sh n/a sole 2,000
International Business
Machines Corp Common Stock 459200101 626.58 5,310 Sh n/a sole 5,310
Intuit Inc. Common Stock 461202103 2.72 50 Sh n/a sole 50
IPC Communications, Inc. Common Stock 44980K206 412.00 2,000 Sh n/a sole 2,000
Ireland Bank ADR Common Stock 46267Q103 2.95 100 Sh n/a sole 100
Irsa Inversiones y
Representaciones AD Common Stock 450047204 - 0 Sh n/a sole 0
ITT Hartford Group Inc Common Stock 416515104 88.62 1,680 Sh n/a sole 1,680
Ivillage, Inc. Common Stock 46588H105 7.84 500 Sh n/a sole 500
IXYS Corp. Common Stock 46600W106 406.88 30,000 Sh n/a sole 30,000
J.P. Morgan & Co Inc Common Stock 616880100 86.96 660 Sh n/a sole 660
Jabil Circuit Inc. Common Stock 466313103 1,258.58 29,100 Sh n/a sole 29,100
Jackpot Enterprises Inc Common Stock 466392107 0.17 10 Sh n/a sole 10
Jardine Fleming China
Region Fund Common Stock 471110106 2.20 250 Sh n/a sole 250
JDS Uniphase, Corp. Common Stock 46612J101 120.56 1,000 Sh n/a sole 1,000
JMAR Industries Inc COM Common Stock 466212107 247.50 22,000 Sh n/a sole 22,000
Johnson & Johnson Common Stock 478160104 2,395.30 34,188 Sh n/a sole 34,188
Jones Apparel Group Inc Common Stock 480074103 37.68 1,182 Sh n/a sole 1,182
Kansas City Southern
Industries, Inc. Common Stock 485170104 128.91 1,500 Sh n/a sole 1,500
Kimberly Clark Corp Common Stock 494368103 11.20 200 Sh n/a sole 200
Kla-Tencor Corp. Common Stock 482480100 42.13 500 Sh n/a sole 500
8
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Koninklijke Philips
Electronics - NY S Common Stock 500472204 8,897.63 51,938 Sh n/a sole 51,938
Korea Electric Power
Corp - ADR Common Stock 500631106 790.63 50,000 Sh n/a sole 50,000
Korea Telecom Corp -
Spns ADR Common Stock 50063P103 1,443.75 33,000 Sh n/a sole 33,000
Korean Investment Fund
Inc Common Stock 500637103 52.50 7,000 Sh n/a sole 7,000
Kyzen Corp - CL A Common Stock 501596100 1.78 3,000 Sh n/a sole 3,000
Legato Systems Inc. Common Stock 524651106 7,764.75 174,000 Sh n/a sole 174,000
Legg Mason, Inc. Common Stock 524901105 173.00 4,000 Sh n/a sole 4,000
Lehman Brothers Holdings
Inc Common Stock 524908100 19.40 200 Sh n/a sole 200
Level 3 Communications
Inc Common Stock 52729N100 348.98 3,300 Sh n/a sole 3,300
Lightspan Partnership
Inc. Common Stock 532262102 177.50 10,000 Sh n/a sole 10,000
LNR Property Corp Common Stock 501940100 19.06 1,000 Sh n/a sole 1,000
Lucent Technologies Inc Common Stock 549463107 1,458.73 24,012 Sh n/a sole 24,012
Mattel Inc. Common Stock 577081102 1.04 100 Sh n/a sole 100
May Dept. Stores Co. COM Common Stock 577778103 0.17 6 Sh n/a sole 6
MCI Worldcom Inc Common Stock 55268B106 481.85 10,634 Sh n/a sole 10,634
McKesson HBOC Inc Common Stock 58155Q103 37.80 1,800 Sh n/a sole 1,800
McMoran Exploration Co. Common Stock 582411104 1.76 93 Sh n/a sole 93
MDSI Mobile Data
Solutions Common Stock 55268N100 758.00 16,000 Sh n/a sole 16,000
Mediaplex, Inc. Common Stock 58446B105 2,756.00 53,000 Sh n/a sole 53,000
Merck & Co Common Stock 589331107 3,216.83 51,780 Sh n/a sole 51,780
Merrill Lynch & Co Inc Common Stock 590188108 4,247.25 40,450 Sh n/a sole 40,450
Messagemedia Inc. Common Stock 590787107 345.10 27,200 Sh n/a sole 27,200
MGC Communications, Inc. Common Stock 552763302 14,872.00 208,000 Sh n/a sole 208,000
Micron Technology Inc Common Stock 595112103 176.40 1,400 Sh n/a sole 1,400
Microsemi Corp. Common Stock 595137100 719.25 21,000 Sh n/a sole 21,000
Microsoft Corp Common Stock 594918104 1,684.06 15,850 Sh n/a sole 15,850
Morgan Stanley Dean
Witter Discovery C Common Stock 617446448 4,692.78 57,536 Sh n/a sole 57,536
MRV Communications Inc. Common Stock 553477100 16,881.91 184,250 Sh n/a sole 184,250
National Golf
Properties, Inc. Common Stock 63623G109 50.55 2,400 Sh n/a sole 2,400
National Semiconductor
Corp Common Stock 637640103 788.13 13,000 Sh n/a sole 13,000
National Techteam, Inc. Common Stock 638108100 183.56 33,000 Sh n/a sole 33,000
Network Solutions Inc
Cl A Common Stock 64121Q102 307.41 2,000 Sh n/a sole 2,000
Newmont Mining Corp Common Stock 651639106 125.20 5,580 Sh n/a sole 5,580
Nextel Communications
Inc CL A Common Stock 65332V103 14.83 100 Sh n/a sole 100
Noble Affiliates Inc. Common Stock 654894104 9.84 300 Sh n/a sole 300
Nokia Corp - Spns ADR
CL A Common Stock 654902204 782.10 3,600 Sh n/a sole 3,600
Novoste Corporation Common Stock 67010C100 8,220.00 205,500 Sh n/a sole 205,500
9
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Occidental Petroleum
Corp. Common Stock 674599105 41.50 2,000 Sh n/a sole 2,000
Ogden Corp. Common Stock 676346109 809.36 67,800 Sh n/a sole 67,800
Optimal Robotics Corp Common Stock 68388R208 136.30 2,900 Sh n/a sole 2,900
Orbital Engine Corp Ltd
- ADR Common Stock 685563306 7.00 1,000 Sh n/a sole 1,000
Orckit Communications
Ltd Common Stock M7531S107 586.25 8,750 Sh n/a sole 8,750
Ortec International,
Inc. Common Stock 68749B108 9.81 1,000 Sh n/a sole 1,000
OSI Pharmaceuticals,
Inc. Common Stock 671040103 97.50 5,000 Sh n/a sole 5,000
Paine Webber Group Inc Common Stock 695629105 1,177.00 26,750 Sh n/a sole 26,750
Pairgain Technologies
Inc Common Stock 695934109 3,139.50 168,000 Sh n/a sole 168,000
Palm, Inc. Common Stock 696642107 49.36 1,100 Sh n/a sole 1,100
Pan American Silver
Corp. Common Stock 697900108 30.50 8,000 Sh n/a sole 8,000
Panamerican Beverage
Inc Cl A Common Stock P74823108 17.63 1,000 Sh n/a sole 1,000
Panamsat Corp. Common Stock 697933109 9.81 200 Sh n/a sole 200
P-Com Inc. Common Stock 693262107 55.50 3,000 Sh n/a sole 3,000
Pegasus Communications
Corp. Common Stock 705904100 8,564.64 60,850 Sh n/a sole 60,850
Pepsico, Inc. Common Stock 713448108 108.01 3,125 Sh n/a sole 3,125
Pfizer Inc Common Stock 717081103 3,814.02 104,315 Sh n/a sole 104,315
Pharmaceutical Product
Development Common Stock 717124101 846.88 50,000 Sh n/a sole 50,000
Philip Morris Companies
Inc Common Stock 718154107 63.38 3,000 Sh n/a sole 3,000
Phillips Petroleum Co. Common Stock 718507106 69.38 1,500 Sh n/a sole 1,500
Phosphate Resources
Partners Common Stock 719217101 12.28 1,500 Sh n/a sole 1,500
Placer Dome Inc. COM Common Stock 725906101 40.63 5,000 Sh n/a sole 5,000
PNC Financial Corp Common Stock 693475105 143.57 3,186 Sh n/a sole 3,186
Pohang Iron & Steel -
Adr Common Stock 730450103 926.75 33,700 Sh n/a sole 33,700
Premier Laser Systems
Inc - CL A Common Stock 740522107 - 4,000 Sh n/a sole 4,000
Primus Telecommunications
GP Common Stock 741929103 3,992.86 77,250 Sh n/a sole 77,250
Prison Realty Corp Common Stock 74264N105 1,196.59 416,205 Sh n/a sole 416,205
Procom Technology Inc. Common Stock 74270W107 622.20 13,600 Sh n/a sole 13,600
Procter & Gamble Co Common Stock 742718109 815.63 14,500 Sh n/a sole 14,500
Psinet Inc. Common Stock 74437C101 7,854.21 230,900 Sh n/a sole 230,900
Qualcomm, Inc. Common Stock 747525103 134.38 900 Sh n/a sole 900
Qwest Communications
Intl Common Stock 749121109 665.66 13,725 Sh n/a sole 13,725
Radcom Ltd. Common Stock M81865103 2,027.25 153,000 Sh n/a sole 153,000
Rambus Inc Common Stock 750917106 147.25 500 Sh n/a sole 500
Range Resources Corp. Common Stock 75281A109 10.94 5,000 Sh n/a sole 5,000
Ranger Oil Ltd Common Stock 752805101 3.88 1,000 Sh n/a sole 1,000
Read - Rite Corp Common Stock 755246105 9.38 2,000 Sh n/a sole 2,000
10
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Revenue Properties Co.
Ltd. Common Stock 761389402 2.87 2,100 Sh n/a sole 2,100
Robert Half Int'l., Inc. Common Stock 770323103 284.63 6,000 Sh n/a sole 6,000
Rogers Communications -
CL B Common Stock 775109200 65.18 2,200 Sh n/a sole 2,200
Royal Bank of Scotland
Ser C PFD Common Stock 780097408 46.13 2,000 Sh n/a sole 2,000
Royal Dutch Petro -
NY Shares Common Stock 780257804 319.47 5,550 Sh n/a sole 5,550
Sandisk Corp. Common Stock 80004C101 122.50 1,000 Sh n/a sole 1,000
SBC Communications Inc Common Stock 78387G103 571.20 13,600 Sh n/a sole 13,600
Scana Corp. Common Stock 80589M102 503.53 20,500 Sh n/a sole 20,500
Sea Containers Ltd -
Cl A Common Stock 811371707 236.74 10,700 Sh n/a sole 10,700
Sea Containers Ltd Cl B Common Stock 811371103 328.50 14,600 Sh n/a sole 14,600
Sears Roebuck & Co. Common Stock 812387108 10.62 344 Sh n/a sole 344
Sepracor Inc Common Stock 817315104 54.61 750 Sh n/a sole 750
Seven Seas Petroleum
Corp Common Stock 817917107 4.65 3,000 Sh n/a sole 3,000
Shaw Communications Inc
- CL B Common Stock 82028K200 177.36 6,600 Sh n/a sole 6,600
Sheldahl Inc. Common Stock 822440103 0.39 66 Sh n/a sole 66
Sirius Satellite Radio,
Inc. Common Stock 82966U103 4,779.45 83,850 Sh n/a sole 83,850
SK Telecom Co. Ltd. -
ADR Common Stock 78440P108 4,494.75 115,250 Sh n/a sole 115,250
Smithkline Beecham Plc
- ADR Common Stock 832378301 3,990.18 60,400 Sh n/a sole 60,400
Solectron Corp Common Stock 834182107 12.26 306 Sh n/a sole 306
Sonera Corp - Spon ADR Common Stock 835433202 3,073.16 46,300 Sh n/a sole 46,300
Spyglass, Inc. Common Stock 852192103 232.64 3,000 Sh n/a sole 3,000
SSE Telecom Inc. Common Stock 784652109 328.50 36,000 Sh n/a sole 36,000
Stage Stores Inc Common Stock 85254C107 1.63 2,000 Sh n/a sole 2,000
State Street Boston Corp Common Stock 857477103 3,550.47 36,650 Sh n/a sole 36,650
Staten Island Bancorp
Inc Common Stock 857550107 198.94 11,617 Sh n/a sole 11,617
Stolt Comex Seaway S.A.
ADR CLASS A Common Stock 861567105 6.85 660 Sh n/a sole 660
Sun International Hotels
Ltd Common Stock P8797T133 19.50 1,000 Sh n/a sole 1,000
Sun Microsystems Inc Common Stock 866810104 112.44 1,200 Sh n/a sole 1,200
Superconductor
Technologies Common Stock 867931107 167.75 4,000 Sh n/a sole 4,000
T. Rowe Price Associates Common Stock 741477103 276.50 7,000 Sh n/a sole 7,000
Talk.com, Inc. Common Stock 874264104 24.00 1,500 Sh n/a sole 1,500
TCBY Enterprises Inc Common Stock 872245105 5.75 1,000 Sh n/a sole 1,000
Tele Centro Sul
Participacoes SA - ADR Common Stock 879239101 1,215.00 15,000 Sh n/a sole 15,000
Tele Norte Leste
Participacoes - ADR Common Stock 879246106 8,575.91 322,100 Sh n/a sole 322,100
11
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Telebras - Spns ADR Pfd
Block (TBH) Common Stock 879287308 8,059.92 53,845 Sh n/a sole 53,845
Telefonica Del Peru SA
SP ADR Rep B sh Common Stock 879384105 425.00 25,000 Sh n/a sole 25,000
Telefonica SA - Spns ADR Common Stock 879382208 (922.25) (12,400) Sh n/a sole -12,400
Telefonos De Mexico
SA ADRL Common Stock 879403780 2,565.06 38,500 Sh n/a sole 38,500
Telekomunik Indonesia
- Spns ADR Common Stock 715684106 72.20 7,600 Sh n/a sole 7,600
Telemate.net Software
Inc. Common Stock 87943L100 696.00 58,000 Sh n/a sole 58,000
Telesp Cellular
Participacoes - ADR Common Stock 87952L108 1,225.92 21,626 Sh n/a sole 21,626
Telesp Participacoes SA
- ADR Common Stock 87952K100 510.63 17,200 Sh n/a sole 17,200
Templeton Dragon Fund
Inc Common Stock 88018T101 37.54 4,200 Sh n/a sole 4,200
Teva Pharmaceuticals -
SP ADR Common Stock 881624209 1,876.82 50,300 Sh n/a sole 50,300
Texas Instruments Inc Common Stock 882508104 560.00 3,500 Sh n/a sole 3,500
Texas Utilities Co Common Stock 882848104 8.16 275 Sh n/a sole 275
The Walt Disney Co. Common Stock 254687106 242.04 5,850 Sh n/a sole 5,850
Thermo Electron Corp Common Stock 883556102 590.88 29,000 Sh n/a sole 29,000
Thoratec Labs Corp Common Stock 885175307 153.34 11,910 Sh n/a sole 11,910
Tibco Software Inc. Common Stock 88632Q103 40.75 500 Sh n/a sole 500
Tiffany & Co New Common Stock 886547108 83.63 1,000 Sh n/a sole 1,000
Time Warner Inc Common Stock 887315109 1,060.00 10,600 Sh n/a sole 10,600
Time Warner Telecom -
CL A Common Stock 887319101 79.50 1,000 Sh n/a sole 1,000
Titan Corp. Common Stock 888266103 5,661.00 111,000 Sh n/a sole 111,000
TNP Enterprises, Inc. Common Stock 872594106 65.72 1,500 Sh n/a sole 1,500
Transkaryotic Therapies
Inc Common Stock 893735100 55.63 1,000 Sh n/a sole 1,000
Transwitch Corp Common Stock 894065101 108.14 1,125 Sh n/a sole 1,125
Tredegar Corp. Common Stock 894650100 312.48 11,600 Sh n/a sole 11,600
Trico Marine Services
Inc Common Stock 896106101 44.50 5,050 Sh n/a sole 5,050
Tricom SA - Sponsored
ADR Common Stock 89612A100 237.60 9,900 Sh n/a sole 9,900
Triquint Semiconductor
Inc Common Stock 89674K103 36.75 500 Sh n/a sole 500
Trizec Hahn Corporation Common Stock 896938107 87.60 4,000 Sh n/a sole 4,000
Trizetto Group, Inc. Common Stock 896882107 348.13 10,000 Sh n/a sole 10,000
TRM Copy Centers Corp Common Stock 872636105 89.24 13,100 Sh n/a sole 13,100
Tubos De Acero De Mexico
SA ADR Common Stock 898592506 38.89 2,375 Sh n/a sole 2,375
Tumbleweed Communications
CP Common Stock 899690101 3,729.33 31,960 Sh n/a sole 31,960
TV Azteca SA de Cv - ADR Common Stock 901145102 59.00 4,000 Sh n/a sole 4,000
Tyco Int'l. Ltd. Common Stock 902124106 643.39 12,900 Sh n/a sole 12,900
Unibanco - Sponsored GDR Common Stock 90458e107 2,540.00 80,000 Sh n/a sole 80,000
12
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Unilever NV - NY Shares
New Common Stock 904784709 171.90 3,572 Sh n/a sole 3,572
United Global Com Inc -
CL A Common Stock 913247508 9,405.33 125,300 Sh n/a sole 125,300
Unocal Corp. Common Stock 915289102 148.75 5,000 Sh n/a sole 5,000
Van Kampen Value Muni
Income Fund Other 921132106 200.81 17,000 Sh n/a sole 17,000
Ventas Inc Common Stock 92276F100 6.63 2,000 Sh n/a sole 2,000
Ventro Corp. Common Stock 922815105 28.31 500 Sh n/a sole 500
Veramark Technologies
Inc Common Stock 923351100 4.94 1,000 Sh n/a sole 1,000
Verio Inc Common Stock 923433106 271.91 6,034 Sh n/a sole 6,034
Viatel Inc. Common Stock 925529208 1,028.84 20,500 Sh n/a sole 20,500
Visible Genetics Inc Common Stock 92829S104 18.50 500 Sh n/a sole 500
Vivus Inc Common Stock 928551100 9.11 1,100 Sh n/a sole 1,100
Vodafone Airtouch PLC -
Spons ADR Common Stock 92857T107 1,014.51 176,893 Sh n/a sole 176,893
Voyager.net, Inc. Common Stock 92906W101 2.74 200 Sh n/a sole 200
Wal-Mart Stores Inc Common Stock 931142103 111.00 2,000 Sh n/a sole 2,000
Washington Mutual, Inc. Common Stock 939322103 7.95 300 Sh n/a sole 300
Watson Pharmaceuticals
Inc Common Stock 942683103 2,899.57 73,060 Sh n/a sole 73,060
WEBS Japan Index Series Common Stock 92923H889 12.38 750 Sh n/a sole 750
Webs-Malaysia Index
Series Other 92923H871 1,048.26 151,100 Sh n/a sole 151,100
Williams Cos, Inc. Common Stock 969457100 175.75 4,000 Sh n/a sole 4,000
Wind River Systems Common Stock 973149107 1,622.19 44,750 Sh n/a sole 44,750
Wisconsin Energy Corp Common Stock 976657106 41.87 2,100 Sh n/a sole 2,100
Wit Capital Group Inc. Common Stock 97737K309 25.69 1,500 Sh n/a sole 1,500
Worldpages.com Inc. Common Stock 981922107 3,077.11 319,700 Sh n/a sole 319,700
Wts Eur0909.com - Spns
ADR Exp 06/30/0 warrants 298737115 776.63 57,000 Sh n/a sole 57,000
Yahoo Inc Common Stock 984332106 428.44 2,500 Sh n/a sole 2,500
$390,001.69
</TABLE>
13
01552002.AB8
