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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Avon Products, Inc. COM 054303102 5195 117400.000SH SOLE 63050.000 54350.000
Bellsouth Corp. COM 079860102 229 4678.000 SH SOLE 4678.000
Bergen Brunswig Corp. COM 083739102 4288 280050.000SH SOLE 169000.000 111050.000
Brunswick Corp. COM 117043109 5031 182125.000SH SOLE 86425.000 95700.000
Chiron Corp. COM 170040109 632 24712.000SH SOLE 23500.000 1212.000
Cincinnati Bell Inc. COM 171870108 1864 92900.000SH SOLE 57775.000 35125.000
Convergys Corp. COM 212485106 5426 271320.000SH SOLE 154375.000 116945.000
Cooper Tire & Rubber Co. COM 216831107 1153 53625.000SH SOLE 27975.000 25650.000
Crown America Realty Tr. COM 228186102 1073 148020.000SH SOLE 57400.000 90620.000
Enron Corp. COM 293561106 4740 55925.000SH SOLE 27270.000 28655.000
Equity Inns Inc. COM 294703103 936 102525.000SH SOLE 42425.000 60100.000
Equity Residential Pptys. COM 29476L107 1800 43968.000SH SOLE 21739.000 22229.000
Federal National Mortgage Assn COM 313586109 442 6775.000 SH SOLE 4500.000 2275.000
Federal Rlty. Inv. Tr. COM 313747206 409 18350.000SH SOLE 10650.000 7700.000
Fortune Brands Inc. COM 349631101 4544 116878.000SH SOLE 61828.000 55050.000
Frontier Corp. COM 35906p105 7272 153500.000SH SOLE 77400.000 76100.000
GTE Corp. COM 362320103 950 13115.000SH SOLE 10500.000 2615.000
Gartner Group Inc. COM 366651107 4684 220425.000SH SOLE 96950.000 123475.000
General Electric Co. COM 369604103 6666 62521.000SH SOLE 18800.000 43721.000
Gillette Co. COM 375766102 42 960.000 SH SOLE 960.000
Harris Corp. COM 413875105 3349 109581.000SH SOLE 53659.000 55922.000
Heller Financial Inc. COM 423328103 1726 74050.000SH SOLE 39925.000 34125.000
Hertz Corp. COM 428040109 2362 48950.000SH SOLE 27750.000 21200.000
Household International Inc. COM 441815107 3017 74835.000SH SOLE 35150.000 39685.000
Johnson & Johnson COM 478160104 2023 21990.000SH SOLE 12475.000 9515.000
Kinder Morgan Energy COM 494550106 3499 86540.000SH SOLE 52275.000 34265.000
Luby's Inc. COM 549282101 3173 211535.000SH SOLE 110025.000 101510.000
Michael Foods Inc. COM 594079105 1282 56825.000SH SOLE 25775.000 31050.000
Microsoft Corp. COM 594918104 202 2376.000 SH SOLE 800.000 1576.000
Mylan Labs Inc. COM 628530107 265 11600.000SH SOLE 7350.000 4250.000
Nabisco Holdings Corp. COM 629526104 3416 83450.000SH SOLE 38400.000 45050.000
One Valley Bancorp COM 682419106 200 5250.000 SH SOLE 500.000 4750.000
PE Biosystems Group COM 69332s102 17833 295072.000SH SOLE 145836.000 149236.000
PE Corp. Celera Genomics Group COM 69332s201 1961 75044.000SH SOLE 36902.500 38141.500
Peoples Bk Bridgeport, CT COM 710198102 1980 69025.000SH SOLE 38425.000 30600.000
Pfizer, Inc. COM 717081103 15351 460812.000SH SOLE 217620.000 243192.000
Philip Morris Cos., Inc. COM 718154107 3053 83930.000SH SOLE 28165.000 55765.000
Pimco Advisors LP COM 69338p102 500 15325.000SH SOLE 8425.000 6900.000
Roberts Pharmaceutical Corp. COM 770491108 1081 38690.000SH SOLE 8175.000 30515.000
Service Corp. COM 817565104 464 31065.000SH SOLE 1000.000 30065.000
Snap-On Inc. COM 833034101 1936 56725.000SH SOLE 32400.000 24325.000
Sovereign Bancorp, Inc. COM 845905108 2018 169041.000SH SOLE 119775.000 49266.000
Systems & Computer Tech. COM 871873105 2837 180150.000SH SOLE 80575.000 99575.000
Tenneco Inc. COM 88037e101 1629 72825.000SH SOLE 30925.000 41900.000
Tosco Corp. COM 891490302 2284 89800.000SH SOLE 58200.000 31600.000
United Dominion Realty Tr., In COM 910197102 249 22010.000SH SOLE 7367.000 14643.000
VF Corp. COM 918204108 3412 88331.000SH SOLE 42696.000 45635.000
Watson Pharmaceuticals COM 942683103 897 27970.000SH SOLE 16145.000 11825.000
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