[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Corporation
Subject to Rule 10f-3 Under the Investment Company Act of 1940
ALLIANCE QUASAR FUND
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD APRIL 1, 2000 THROUGH MAY 31, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased bOffered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group(From 05/31/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
I3 Mobile 04/06/00 2,800 0.00% $16.00 15,700 5,100 0.31% Bear Stearns 0
Go America Inc. 04/06/00 44,200 0.00% $16.00 201,200 10,000 2.01% Bear Stearns 0
DDI Corp. 04/11/00 784,500 0.00% $14.00 1,407,500 12,000 11.73% First Boston 784,500
Genomic Solutions Inc. 05/05/00 199,900 0.00% $8.00 401,400 7,000,0000.01% UBS Warburg 256,400
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<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JUNE 1, 2000 THROUGH AUGUST 31, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased bOffered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group(From 08/31/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Community Health Systems Inc 06/08/00 21,000 0.00% $13.00 59,300 18,750 0.32% First Union Capital 0
Virage Inc 06/28/00 66,000 0.00% $11.00 123,400 3,500,0003.53% CS First Boston Corp. 186,200
Network Engines Inc. 07/13/00 5,900 0.00% $17.00 34,400 6,500,0000.53% FleetBoston Robertson 0
Variagenics 07/20/00 17,300 0.00% $14.00 62,800 5,000,0001.26% CS First Boston Corp. 0
SMTC Corporation 07/20/00 17,900 0.00% $16.00 113,900 11,000,001.04% Lehman Brothers 346,800
Gemini Genomics PLC 07/25/00 40,400 0.00% $14.00 77,200 6,000,0001.29% SG Cowen Securities 0
Speechworks International 08/01/00 2,300 0.00% $20.00 11,000 4,750,0000.23% Lewco Securities 0
Silicon Valley Bancshares 08/01/00 38,800 0.00% $42.19 74,500 2,000,0003.73% Merrill Lynch Pierce 102,100
Entravision Communications Cor08/02/00 272,200 0.00% $16.50 499,000 46,000,001.08% Merrill Lynch Pierce 537,800
3-Dimensional Pharmaceuticals 08/03/00 12,000 0.00% $15.00 50,000 5,000,0001.00% Bear Stearns Securitie0
Advanced Power Technology Inc.08/08/00 37,000 0.00% $15.00 71,400 3,500,0002.04% Stephens Inc 0
Telecommunications Systems Inc08/08/00 2,600 0.00% $17.00 15,600 4,700,0000.33% Lewco Securities 0
Orient Repress Hotels Inc 08/09/00 152,600 0.00% $19.00 342,900 10,000,003.43% Merrill Lynch Pierce 294,600
Spinnaker Exploration Co 08/10/00 5,000 0.00% $26.25 556,900 4,900,00011.37% Banc America Securitie335,100
Regeneration Technologies Inc 08/26/00 1,700 0.00% $14.00 7,200 5,700,0000.13% Banc America Securitie0
Entravision Communications Cor08/31/00 30,800 0.00% $19.76 499,000 46,000,001.08% Merrill Lynch Pierce 537,800
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<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD SEPTEMBER 1, 2000 THROUGH SEPTEMBER 30, 2000
<CAPTION>
Total % of
Shares Shares Offering Shares
Date Shares % of FundPrice perPurchased bOffered PurchasedPurchased Held
Security* PurchasedPurchasedAssets Share Fund Group (000) By Group(From 09/30/00
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Curon Medical 09/21/00 15,700 0.00% $11.00 67,500 5,000,0001.35% UBS Warburg LLC 0
TTM Technologies 09/21/00 90,600 0.00% $16.00 173,900 7,500,0002.32% FleetBoston Robertson 2,227,800
Ciphergen 09/28/00 14,400 0.00% $16.00 62,700 5,550,0001.14% SG Cowen Securities 460,800
Vastera Inc 09/28/00 11,700 0.00% $14.00 61,200 6,000,0001.02% DB Clearing Services 0
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* Unless otherwise indicated, the securities were part of an issue registered
under the Securities Act of 1933 and offered to the public.
**Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, including the Fund, may not exceed: (a) if
purchased in an offering other than an Eligible Rule 144A Offering, 25% of the
principal amount of the offering of such class; or (b) if purchased in an
Eligible Rule 144A Offering, 25% of the total of (i) the principal amount
of the offering of such class sold by underwriters or members of the
selling syndicate to qualified institutional buyers, plus (ii) the principal
amount of the offering of such class in any concurrent public offering.
