<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: September 29, 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 November 13, 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: 233
Form 13F Information Table Value Total: $213,906
[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.
No. Form 13F File Number Name
28-
[Repeat as necessary.]
3
<PAGE>
<TABLE>
Form 13F PORTIA REPORT
September 29, 2000
<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 $780.03 16,400 Sh n/a sole 16,400
Abgenix Inc. Common Stock 00339B107 32.33 400 Sh n/a sole 400
Advanced Micro
Devices Inc. Common Stock 007903107 3.36 140 Sh n/a sole 140
Advanced Power
Technology Inc. Common Stock 00761E108 165.63 5,000 Sh n/a sole 5,000
Advanta Corp - Cl B Common Stock 007942204 4.07 500 Sh n/a sole 500
Agilent
Technologies, Inc. Common Stock 00846U101 7,286.79 148,900 Sh n/a sole 148,900
Allos Therapeutics
Inc. Common Stock 019777101 2,956.64 326,250 Sh n/a sole 326,250
America Online Inc Common Stock 02364J104 818.16 15,250 Sh n/a sole 15,250
American Express
Company Common Stock 025816109 182.25 3,000 Sh n/a sole 3,000
American Home
Products Common Stock 026609107 90.50 1,600 Sh n/a sole 1,600
American
International
Group Inc Common Stock 026874107 82.77 865 Sh n/a sole 865
Amgen Inc Common Stock 031162100 2,283.38 32,700 Sh n/a sole 32,700
Amkor Technology
Inc. Common Stock 031652100 11,088.10 424,425 Sh n/a sole 424,425
Amylin
Pharmaceuticals
Inc. Common Stock 032346108 3,379.80 314,400 Sh n/a sole 314,400
Anadarko Petroleum
Corp Common Stock 032511107 3,462.30 52,096 Sh n/a sole 52,096
Aracruz Celulose
SA - Spns ADR Common Stock 038496204 488.59 29,500 Sh n/a sole 29,500
Artesyn
Technologies Inc. Common Stock 043127109 1,421.84 48,800 Sh n/a sole 48,800
Ase Test Limited Common Stock Y02516105 588.00 28,000 Sh n/a sole 28,000
Asia Pulp &
Paper Ltd
Sponsored Adr Common Stock 04516V100 122.50 70,000 Sh n/a sole 70,000
Asiainfo
Holdings Inc. Common Stock 04518A104 47.34 2,500 Sh n/a sole 2,500
AT&T Liberty
Media - A Common Stock 001957208 388.92 21,532 Sh n/a sole 21,532
Autotote Corp -
CL A Common Stock 053323101 585.48 148,600 Sh n/a sole 148,600
4
<PAGE>
B.V.R. Technologies
Ltd. Common Stock M20514101 763.00 109,000 Sh n/a sole 109,000
Baltimore
Technologies - ADR Common Stock 059284109 2.96 150 Sh n/a sole 150
Baxter International
Inc. Common Stock 071813109 1,316.91 16,500 Sh n/a sole 16,500
BE Aerospace Inc Common Stock 073302101 19.35 1,200 Sh n/a sole 1,200
Bellsouth Corp Common Stock 079860102 17.01 420 Sh n/a sole 420
Benchmark
Electronics Inc. Common Stock 08160H101 21,533.20 414,100 Sh n/a sole 414,100
Berkshire Hathaway
Inc - Cl A Common Stock 084670108 128.80 2 Sh n/a sole 2
Bestfoods Common Stock 08658U101 112.04 1,540 Sh n/a sole 1,540
Boston Scientific
Corp. Common Stock 101137107 2,013.60 122,500 Sh n/a sole 122,500
BP Amoco PLC Spons
ADR Common Stock 055622104 80.14 1,512 Sh n/a sole 1,512
Brasil Telecom
Part SA - ADR Common Stock 105530109 524.25 9,000 Sh n/a sole 9,000
Bristol-Myers
Squibb Co. Common Stock 110122108 31.74 552 Sh n/a sole 552
British American
Tobacco SP ADR Common Stock 110448107 130.63 10,000 Sh n/a sole 10,000
Broadway Financial
Corp. Common Stock 111444105 1,993.10 221,456 Sh n/a sole 221,456
Broadwing Inc. Common Stock 111620100 25.56 1,000 Sh n/a sole 1,000
Burlington
Resources Inc Common Stock 122014103 549.04 15,000 Sh n/a sole 15,000
Cabletron Systems Common Stock 126920107 501.50 17,000 Sh n/a sole 17,000
Cadence Design
System Inc Common Stock 127387108 154.13 6,000 Sh n/a sole 6,000
Canadian Natural
Resources Common Stock 136385101 1.88 56 Sh n/a sole 56
Cemex SA - Spns ADR Common Stock 151290889 1,813.97 90,416 Sh n/a sole 90,416
Centurytel Inc. Common Stock 156700106 190.75 7,000 Sh n/a sole 7,000
Charles Schwab
Corporation Common Stock 808513105 27.87 787 Sh n/a sole 787
Chase Manhattan
Corp New Common Stock 16161A108 769.02 16,650 Sh n/a sole 16,650
Chevron Corp Common Stock 166751107 14.92 175 Sh n/a sole 175
China Unicom - ADR Common Stock 16945R104 163.59 7,500 Sh n/a sole 7,500
CIA Paranaense de
Energia Spon
ADR Pf Common Stock 20441B407 2,436.19 274,500 Sh n/a sole 274,500
Cia Vale do Rio
Doce Sponsored ADR Common Stock 204412100 124.69 5,000 Sh n/a sole 5,000
Citigroup Inc Common Stock 172967101 1,288.47 23,833 Sh n/a sole 23,833
Citizens
Communications,
Co. Common Stock 17453B101 240.75 18,000 Sh n/a sole 18,000
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 8,687.91 220,650 Sh n/a sole 220,650
CMGI Inc Common Stock 125750109 365.42 13,080 Sh n/a sole 13,080
Coca-Cola Company Common Stock 191216100 110.25 2,000 Sh n/a sole 2,000
Colgate Palmolive
Co. Common Stock 194162103 35.40 750 Sh n/a sole 750
Comdisco Inc Common Stock 200336105 5,270.78 276,500 Sh n/a sole 276,500
Companhia Brasileira
de Dist. Grupo
PAO De Acucar ADR Common Stock 20440T201 855.31 23,000 Sh n/a sole 23,000
Companhia De Bebidas
Das AmersAmbev -
Spons. ADR Common Stock 20441W203 1,548.75 70,000 Sh n/a sole 70,000
Compania Anonima
Nacional Telefonos Common Stock 204421101 838.94 34,330 Sh n/a sole 34,330
Compania Paranaense
De Energia(Copel) -
Spons. ADR Common Stock 20441B407 186.38 21,000 Sh n/a sole 21,000
Compaq Computer
Corp Common Stock 204493100 46.43 1,670 Sh n/a sole 1,670
Computer Motion Inc. Common Stock 205253107 9.50 1,000 Sh n/a sole 1,000
Concord Camera Corp Common Stock 206156101 15,974.63 623,400 Sh n/a sole 623,400
Conectiv Inc Common Stock 206829103 3.66 205 Sh n/a sole 205
Corn Products
International Inc Common Stock 219023108 9.90 435 Sh n/a sole 435
Corning Inc. Common Stock 219350105 29.80 100 Sh n/a sole 100
Corus Entertainment
Inc - B Shs Common Stock 220874101 31.48 1,100 Sh n/a sole 1,100
Costco Wholesale
Coporation New Common Stock 22160K105 599.18 17,150 Sh n/a sole 17,150
Covad Communications
Group Inc. Common Stock 222814204 20.06 1,500 Sh n/a sole 1,500
Cumulus Media
Inc. - CL A Common Stock 231082108 18.38 3,000 Sh n/a sole 3,000
Cypress Semiconductor
Corp Common Stock 232806109 3,422.67 82,350 Sh n/a sole 82,350
Dell Computer Corp Common Stock 247025109 8.78 285 Sh n/a sole 285
Digital Power Corp Common Stock 253862106 265.00 40,000 Sh n/a sole 40,000
Ditech Communications
Corp. Common Stock 25500M103 1,004.35 24,500 Sh n/a sole 24,500
Dreyfus Strategic
Municipals Inc Common Stock 261932107 0.45 53 Sh n/a sole 53
Dupont Denemours
& Co Common Stock 263534109 24.04 588 Sh n/a sole 588
E.Medsoft.com Common Stock 26873Q101 892.50 340,000 Sh n/a sole 340,000
Eastman Chemical
Company Common Stock 277432100 12.82 347 Sh n/a sole 347
Eaton Vance
Nat'l Municipal
Income Tr. Common Stock 27826U108 110.44 9,500 Sh n/a sole 9,500
6
<PAGE>
Efficient Networks
Inc. Common Stock 282056100 37.31 1,000 Sh n/a sole 1,000
EFTC Corp Common Stock 268443108 1,166.39 565,522 Sh n/a sole 565,522
Embratel
Participacoes SA -
Spns ADR Common Stock 29081N100 2,997.93 162,050 Sh n/a sole 162,050
EMC Corp Mass. Common Stock 268648102 29.78 300 Sh n/a sole 300
Emerson Electric
& Co Common Stock 291011104 30.15 450 Sh n/a sole 450
Encal Energy Ltd Common Stock 29250D107 0.75 121 Sh n/a sole 121
Euro909.com A/S -
Spns ADR Common Stock 298737107 2,553.38 619,000 Sh n/a sole 619,000
Exxon Mobil
Corporation Common Stock 30231G102 259.13 2,908 Sh n/a sole 2,908
Fairchild Semicon
Intl - CL A Common Stock 303726103 28.13 1,000 Sh n/a sole 1,000
Federal Mogul Corp Common Stock 313549107 2.72 500 Sh n/a sole 500
Federal Nationa
Mortgage
Association Common Stock 313586109 28.60 400 Sh n/a sole 400
Flanders Corp. Common Stock 338494107 1,481.67 649,500 Sh n/a sole 649,500
Fomento Economico
Mex-Sp ADR Common Stock 344419106 195.00 5,000 Sh n/a sole 5,000
Frontline Ltd -
Spnr ADR Common Stock 35921R102 158.13 10,000 Sh n/a sole 10,000
Galileo Technology
Ltd Common Stock M47298100 666.75 21,000 Sh n/a sole 21,000
Gap Inc Common Stock 364760108 10.03 500 Sh n/a sole 500
Genelabs
Technologies Inc Common Stock 368706107 64.66 10,833 Sh n/a sole 10,833
Genentech, Inc. Common Stock 368710406 23.21 125 Sh n/a sole 125
General Electric Co. Common Stock 369604103 687.92 11,925 Sh n/a sole 11,925
General Motors
Class H Common Stock 370442832 1,840.41 49,500 Sh n/a sole 49,500
Gerdau S.A.
Sponsored ADR Common Stock 373737105 355.35 27,600 Sh n/a sole 27,600
Global Crossing Ltd Common Stock G3921A100 310.00 10,000 Sh n/a sole 10,000
Global Telesystems
Group Inc. Common Stock 37936U104 45.00 10,000 Sh n/a sole 10,000
Globo Cabo S.A.
Sponsored ADR Common Stock 37957X102 200.63 15,000 Sh n/a sole 15,000
Graphon Corp. Common Stock 388707101 660.00 160,000 Sh n/a sole 160,000
Grupo Elecktra SA -
Spn GDR Common Stock 40050A102 775.20 81,600 Sh n/a sole 81,600
Grupo Televisa SA -
GDR Common Stock 40049J206 1,869.08 32,400 Sh n/a sole 32,400
GST Telecommunications
Inc Common Stock 361942105 0.02 500 Sh n/a sole 500
Home Depot Inc Common Stock 437076102 817.88 15,450 Sh n/a sole 15,450
Huffy Corp. Common Stock 444356109 20.63 2,000 Sh n/a sole 2,000
7
<PAGE>
Icici Ltd. -
Spns ADR Common Stock 44926P202 1,764.40 160,400 Sh n/a sole 160,400
Idexx Laboratories
Inc Common Stock 45168D104 1,266.64 47,351 Sh n/a sole 47,351
Impsat Fiber
Networks, Inc. Common Stock 45321T103 26.40 2,400 Sh n/a sole 2,400
Intel Corp Common Stock 458140100 239.40 5,760 Sh n/a sole 5,760
Interdigital
Comm Corp. Common Stock 45866A105 7.00 500 Sh n/a sole 500
Intermedia
Communications Inc Common Stock 458801107 103.25 3,500 Sh n/a sole 3,500
International
Business Machines
Corp Common Stock 459200101 260.16 2,310 Sh n/a sole 2,310
Intl Rectifier Corp. Common Stock 460254105 757.50 15,000 Sh n/a sole 15,000
Ireland Bank ADR Common Stock 46267Q103 3.16 100 Sh n/a sole 100
ITT Hartford
Group Inc Common Stock 416515104 122.43 1,680 Sh n/a sole 1,680
J.P. Morgan & Co Inc Common Stock 616880100 107.83 660 Sh n/a sole 660
Jabil Circuit Inc. Common Stock 466313103 510.75 9,000 Sh n/a sole 9,000
Jackpot
Enterprises Inc Common Stock 466392107 0.09 10 Sh n/a sole 10
JDS Uniphase
Corporation Common Stock 46612J101 2,352.98 24,850 Sh n/a sole 24,850
JMAR Industries
Inc COM Common Stock 466212107 191.19 23,000 Sh n/a sole 23,000
Johnson & Johnson Common Stock 478160104 120.99 1,288 Sh n/a sole 1,288
Jones Apparel
Group Inc Common Stock 480074103 4.77 180 Sh n/a sole 180
Juniper Networks,
Inc. Common Stock 48203R104 350.30 1,600 Sh n/a sole 1,600
Koninklijke Elec
(Kon) Sponsored
ADR Rep 1 Ord. Common Stock 500472303 798.11 18,779 Sh n/a sole 18,779
Korea Electric
Power Corp - ADR Common Stock 500631106 522.50 40,000 Sh n/a sole 40,000
Korea Telecom
Corp - Spns ADR Common Stock 50063P103 571.63 17,000 Sh n/a sole 17,000
Legato Systems Inc. Common Stock 524651106 248.59 18,500 Sh n/a sole 18,500
Lehman Brothers
Holdings Inc Common Stock 524908100 29.73 200 Sh n/a sole 200
Level 3
Communications Inc Common Stock 52729N100 231.38 3,000 Sh n/a sole 3,000
LNR Property Corp Common Stock 501940100 22.13 1,000 Sh n/a sole 1,000
Lucent Technologies
Inc Common Stock 549463107 90.14 3,156 Sh n/a sole 3,156
Magnetek Inc. Common Stock 559424106 106.20 10,000 Sh n/a sole 10,000
Manufacturers
Services LTD Common Stock 565005105 1,365.63 115,000 Sh n/a sole 115,000
May Dept. Stores
Co. COM Common Stock 577778103 0.12 6 Sh n/a sole 6
8
<PAGE>
McMoran Exploration
Co. Common Stock 582411104 1.08 93 Sh n/a sole 93
Mediaplex, Inc. Common Stock 58446B105 144.38 35,000 Sh n/a sole 35,000
Merck & Co Common Stock 589331107 503.94 6,770 Sh n/a sole 6,770
Merrill Lynch &
Co Inc Common Stock 590188108 66.00 1,000 Sh n/a sole 1,000
Messagemedia Inc. Common Stock 590787107 86.97 34,360 Sh n/a sole 34,360
Microsoft Corp Common Stock 594918104 1,112.77 18,450 Sh n/a sole 18,450
Minnesota Mining &
Mfg Co Common Stock 604059105 91.13 1,000 Sh n/a sole 1,000
Mitel Corp Common Stock 606711109 1,096.75 53,500 Sh n/a sole 53,500
Mobile Telesystems
Sponsored ADR Common Stock 607409109 50.75 2,000 Sh n/a sole 2,000
Morgan Stanley Dean
Witter Common Stock 617446448 963.39 10,536 Sh n/a sole 10,536
Motient Corp. Common Stock 619908106 127.13 9,000 Sh n/a sole 9,000
Motorola Inc Common Stock 620076109 2,394.58 82,750 Sh n/a sole 82,750
National
Semiconductor Corp Common Stock 637640103 2,037.50 50,000 Sh n/a sole 50,000
National Techteam,
Inc. Common Stock 638108100 103.13 33,000 Sh n/a sole 33,000
Network Appliance
Inc. Common Stock 64120L104 63.69 500 Sh n/a sole 500
Nokia Corp - Spns
ADR CL A Common Stock 654902204 776.63 19,000 Sh n/a sole 19,000
Nortel Networks
Corp Common Stock 656568102 603.75 10,000 Sh n/a sole 10,000
Novell Inc. Common Stock 670006105 0.40 40 Sh n/a sole 40
Ogden Corp. Common Stock 676346109 33.91 2,500 Sh n/a sole 2,500
OMI Corp - new Common Stock Y6476W104 711.88 85,000 Sh n/a sole 85,000
OpenTV, Corp. Common Stock G67543101 48.11 1,447 Sh n/a sole 1,447
Oracle Corp. Common Stock 68389X105 476.44 6,050 Sh n/a sole 6,050
OSI Pharmaceuticals,
Inc. Common Stock 671040103 70.00 1,000 Sh n/a sole 1,000
Panamsat Corp. Common Stock 697933109 6.39 200 Sh n/a sole 200
Pegasus
Communications
Corp. Common Stock 705904100 1,816.55 37,600 Sh n/a sole 37,600
Petroleo Brasileiro Common Stock 71654V408 1,638.41 54,500 Sh n/a sole 54,500
Pfizer Inc Common Stock 717081103 1,096.39 24,415 Sh n/a sole 24,415
Pharmaceutical
Product
Development Common Stock 717124101 1,328.13 50,000 Sh n/a sole 50,000
Philips Electronics -
NY Sh Common Stock 500472303 5,681.44 133,681 Sh n/a sole 133,681
Phosphate Resources
Partners Common Stock 719217101 7.13 1,500 Sh n/a sole 1,500
Plantronics Inc Common Stock 727493108 190.00 5,000 Sh n/a sole 5,000
PMC - Sierra Inc Common Stock 69344F106 53.81 250 Sh n/a sole 250
PNC Financial Corp Common Stock 693475105 194.09 2,986 Sh n/a sole 2,986
9
<PAGE>
Pohang Iron &
Steel - Adr Common Stock 730450103 745.00 40,000 Sh n/a sole 40,000
Power Integrations,
Inc. Common Stock 739276103 3,609.81 259,000 Sh n/a sole 259,000
Power-One, Inc. Common Stock 739308104 695.93 11,500 Sh n/a sole 11,500
Primus Telecomm.
Group Inc Common Stock 741929103 154.85 16,300 Sh n/a sole 16,300
Prison Realty Corp Common Stock 74264N105 700.65 533,830 Sh n/a sole 533,830
Prison Realty Tr Preferred
Pfd 12% Ser B Stock 74264N303 96.21 26,627 Sh n/a sole 26,627
PSI Technologies
Holdings-ADR Common Stock 74438Q109 153.00 12,000 Sh n/a sole 12,000
Qualcomm, Inc. Common Stock 747525103 35.63 500 Sh n/a sole 500
Qwest Communications
Intl Common Stock 749121109 25.27 525 Sh n/a sole 525
Radcom Ltd Common Stock M81865103 1,003.75 160,600 Sh n/a sole 160,600
Range Resources
Corp. Common Stock 75281A109 24.06 5,000 Sh n/a sole 5,000
Rita Medical
Systems Inc. Common Stock 76774E103 1,459.24 130,800 Sh n/a sole 130,800
Rogers Communications
Inc Cl B - CAD Common Stock 775109200 52.27 2,200 Sh n/a sole 2,200
S&P 500 Depository
Receipt Common Stock 78462F103 143.63 1,000 Sh n/a sole 1,000
SBC Communications
Inc Common Stock 78387G103 558.60 11,200 Sh n/a sole 11,200
Scana Corp. Common Stock 80589M102 633.58 20,500 Sh n/a sole 20,500
SCI Systems Inc Common Stock 783890106 410.00 10,000 Sh n/a sole 10,000
Sea Containers Ltd -
Cl A Common Stock 811371707 6.99 300 Sh n/a sole 300
Sepracor Inc Common Stock 817315104 73.61 600 Sh n/a sole 600
Shaw Communications
Inc Cl B - CAD Common Stock 82028K200 50.58 2,200 Sh n/a sole 2,200
Sheldahl Inc. Common Stock 822440103 0.20 66 Sh n/a sole 66
Six Flags Inc. Common Stock 83001P109 434.00 28,000 Sh n/a sole 28,000
SK Telecom Co.
Ltd. - ADR Common Stock 78440P108 832.81 32,500 Sh n/a sole 32,500
Sonera Corp -
Spon ADR Common Stock 835433202 340.88 13,500 Sh n/a sole 13,500
Stolt Comex
Seaway S.A. ADR Common Stock 861567105 4.21 330 Sh n/a sole 330
Sun Microsystems
Inc Common Stock 866810104 169.29 1,450 Sh n/a sole 1,450
Tele Norte Celular
Participacoes
S.A.- Spons ADR Common Stock 87924Y105 92.00 2,300 Sh n/a sole 2,300
Tele Norte Leste
Part. Sponsored
ADR Common Stock 879246106 10,763.05 470,516 Sh n/a sole 470,516
Telebras - Spns ADR
Pfd Block (TBH) Common Stock 879287308 6.73 85 Sh n/a sole 85
10
<PAGE>
Telefonica SA -
Spns ADR Common Stock 879382208 2.85 48 Sh n/a sole 48
Telefonos De Mexico
SA ADR L Common Stock 879403780 2,247.19 42,300 Sh n/a sole 42,300
Telekomunik
Indonesia -
Spns ADR Common Stock 715684106 141.25 22,600 Sh n/a sole 22,600
Telemate.Net
Software Inc Common Stock 87943L100 133.88 51,000 Sh n/a sole 51,000
Telesp Cellular
Participacoes -
ADR Common Stock 87952L108 530.29 16,100 Sh n/a sole 16,100
Tellabs Inc Common Stock 879664100 1,303.58 27,300 Sh n/a sole 27,300
Teradyne Inc Common Stock 880770102 175.00 5,000 Sh n/a sole 5,000
Teva
Pharmaceuticals -
SP ADR Common Stock 881624209 951.44 13,000 Sh n/a sole 13,000
Texas Instruments
Inc Common Stock 882508104 190.00 4,000 Sh n/a sole 4,000
The Walt Disney Co. Common Stock 254687106 76.50 2,000 Sh n/a sole 2,000
Transwitch Corp Common Stock 894065101 143.44 2,250 Sh n/a sole 2,250
Trimble
Navigation LTD Common Stock 896239100 1,935.44 86,500 Sh n/a sole 86,500
Trizetto Group,
Inc. Common Stock 896882107 77.50 5,000 Sh n/a sole 5,000
Tubos De Acero De
Mexico SA ADR Common Stock 898592506 16.75 1,000 Sh n/a sole 1,000
Tumbleweed
Communications CP Common Stock 899690101 1,374.96 26,960 Sh n/a sole 26,960
TV Azteca SA
de Cv - ADR Common Stock 901145102 334.75 26,000 Sh n/a sole 26,000
Unibanco - Sponsored
GDR Common Stock 90458E107 4,488.00 136,000 Sh n/a sole 136,000
United Global
Com Inc - CL A Common Stock 913247508 744.00 24,800 Sh n/a sole 24,800
Unocal Corp. Common Stock 915289102 177.19 5,000 Sh n/a sole 5,000
Van Kampen Value
Muni Income Fund Common Stock 921132106 213.56 17,000 Sh n/a sole 17,000
Ventas Inc Common Stock 92276F100 10.00 2,000 Sh n/a sole 2,000
Veramark
Technologies Inc Common Stock 923351100 9.38 3,000 Sh n/a sole 3,000
Viatel Inc. Common Stock 925529208 41.00 4,000 Sh n/a sole 4,000
Vimpel-
ommunications-
Spons.ADR Common Stock 68370R109 38.63 2,000 Sh n/a sole 2,000
Viropharma Inc Common Stock 928241108 1,226.48 47,400 Sh n/a sole 47,400
Visible Genetics
Inc Common Stock 92829S104 20.19 500 Sh n/a sole 500
Vitesse Semiconductor
Corp Common Stock 928497106 5,225.08 58,750 Sh n/a sole 58,750
Wal-Mart Stores Inc Common Stock 931142103 120.31 2,500 Sh n/a sole 2,500
11
<PAGE>
Washington Mutual,
Inc. Common Stock 939322103 11.94 300 Sh n/a sole 300
Williams Cos, Inc. Common Stock 969457100 169.00 4,000 Sh n/a sole 4,000
Worldcom Inc. Common Stock 98157D106 257.32 8,472 Sh n/a sole 8,472
Worldpages.com Inc. Common Stock 981922107 1,343.85 316,200 Sh n/a sole 316,200
</TABLE>
12
01552002.AC0
