UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/99
Check here if Amendment [ ]; Amendment Number: ______
This Amendment (check only one): [ ] is a restatement
[ ] adds new holding entries
Institutional Investment Manager Filing this Report:
Name: Lutheran Brotherhood Research Corp.
Address: 625 Fourth Avenue South
Minneapolis, MN 55415
Form 13F File Number: 28-1304
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, and 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: James M. Odland
Title: Assistant Vice President
Phone: (612) 340-5727
Signature, Place, and Date of Signing:
/s/ James M. Odland Minneapolis, Minnesota 5/14/99
------------------------- ---------------------- -------
[Signature] [City, State] [Date]
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 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).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Manager: None
Form 13F Information Table Entry Total: 464
Form 13F Information Table Value Total: $1,694,484
(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.]
<PAGE>
<TABLE>
<S> <C> <C>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
AAR CORP. COM 000361105 874.79 49110 SH SOLE 49110
ABR INFORMATION SERVICES, INC. COM 00077R108 413.52 23800 SH SOLE 23800
ADC TELECOMMUNICATIONS INC. COM 000886101 267.05 5600 SH SOLE 5600
AFLAC INC. COM 001055102 310.29 5700 SH SOLE 5700
AT&T CORP.-LIBERTY MEDIA GROUP COM 001957109 36454.18 456745 SH SOLE 456745
AT&T CORP.-LIBERTY MEDIA GROUP COM LIB GRP A 001957208 228.91 4350 SH SOLE 4350
ABBOTT LABORATORIES COM 002824100 13940.91 297800 SH SOLE 297800
ABERCROMBIE & FITCH COMPANY CL A 002896207 276.00 3000 SH SOLE 3000
ACNIELSEN CORP. COM 004833109 821.88 30300 SH SOLE 30300
ACXIOM CORP. COM 005125109 238.50 9000 SH SOLE 9000
ADAPTEC INC. COM 00651F108 219.00 9600 SH SOLE 9600
AFFILIATED COMPUTER SERVICES CL A 008190100 1326.75 29000 SH SOLE 29000
AFFILIATED MANGERS GROUP, INC. COM 008252108 559.00 21500 SH SOLE 21500
AIR PRODUCTS AND CHEMICALS INC COM 009158106 7096.60 207200 SH SOLE 207200
ALASKA AIR GROUP COM 011659109 726.75 15300 SH SOLE 15300
ALLIED-SIGNAL INC. COM 019512102 7004.37 142400 SH SOLE 142400
ALLIED WASTE INDUSTRIES, INC. COM PAR $.01 NEW 019589308 906.70 62800 SH SOLE 62800
AMERICA ONLINE, INC. COM 02364J104 19856.00 136000 SH SOLE 136000
AMERICAN EXPRESS CO. COM 025816109 10763.00 91600 SH SOLE 91600
AMERICAN HOME PRODUCTS CORP. COM 026609107 14485.50 222000 SH SOLE 222000
AMERICAN HOMESTAR CORP. COM 026651109 262.53 35900 SH SOLE 35900
AMERICAN INT'L GROUP INC. COM 026874107 29808.97 247121 SH SOLE 247121
AMERICAN ONCOLOGY RESOURCES COM 028910107 300.60 33400 SH SOLE 33400
AMERICAN POWER CONVERSION CORP COM 029066107 488.16 18080 SH SOLE 18080
AMERICREDIT CORP. COM 03060R101 976.50 74400 SH SOLE 74400
AMERIN CORP. COM 03070X106 751.58 37000 SH SOLE 37000
AMERISOURCE HEALTH CORP. CL A 03071P102 1080.34 31600 SH SOLE 31600
AMERITECH CORP. COM 030954101 14868.08 256900 SH SOLE 256900
AMGEN INC. COM 031162100 254.57 3400 SH SOLE 3400
AMSOUTH BANCORPORATION COM 032165102 236.60 5200 SH SOLE 5200
ANALOG DEVICES, INC. COM 032654105 359.97 12100 SH SOLE 12100
ANALYST INT'L CORP. COM 032681108 182.85 15900 SH SOLE 15900
APARTMENT INVT & MGMT COMPANY CL A 03748R101 1057.41 29170 SH SOLE 29170
APOLLO GROUP, INC. CL A 037604105 921.94 30860 SH SOLE 30860
APPLE COMPUTER, INC. COM 037833100 201.25 5600 SH SOLE 5600
APPLEBEES INT'L INC. COM 037899101 692.28 27900 SH SOLE 27900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
ARCH COMMUNICATIONS GROUP INC. COM 039381108 171.87 125000 SH SOLE 125000
ASCEND COMMUNICATIONS, INC. COM 043491109 309.64 3700 SH SOLE 3700
AT HOME CORPORATION COM SER A 045919107 15970.50 101400 SH SOLE 101400
ASSOCIATES FIRST CAPITAL CORP CL A 046008108 14800.50 328900 SH SOLE 328900
AUTOMATIC DATA PROCESSING INC. COM 053015103 14481.25 350000 SH SOLE 350000
AVIATION SALES COMPANY COM 053672101 218.05 4900 SH SOLE 4900
AVIS RENT A CAR, INC. COM 053790101 570.37 20600 SH SOLE 20600
AVONDALE INDUSTRIES, INC. COM 054350103 885.00 30000 SH SOLE 30000
AXENT TECHNOLOGIES, INC. COM 05459C108 1224.80 50900 SH SOLE 50900
BISYS (THE) GROUP, INC. COM 055472104 1293.75 23000 SH SOLE 23000
BJ SERVICES COMPANY COM 055482103 854.54 36460 SH SOLE 36460
BJ'S WHOLESALE CLUB, INC. COM 05548J106 248.51 9400 SH SOLE 9400
BANK OF NEW YORK CO. COM 064057102 14709.42 409300 SH SOLE 409300
BANKAMERICA CORP. COM 06605F102 21999.68 311500 SH SOLE 311500
BARNES & NOBLE, INC. COM 067774109 742.08 23100 SH SOLE 23100
BARR LABORATORIES, INC. COM 068306109 564.25 18500 SH SOLE 18500
BE AEROSPACE, INC. COM 073302101 656.37 44500 SH SOLE 44500
BECTON, DICKINSON AND COMPANY COM 075887109 14080.02 367500 SH SOLE 367500
BED, BATH & BEYOND INC. COM 075896100 1287.72 35280 SH SOLE 35280
BELL ATLANTIC CORP. COM 077853109 7174.29 138800 SH SOLE 138800
BEST BUY CO. INC. COM 086516101 457.60 8800 SH SOLE 8800
BIOGEN, INC. COM 090597105 1274.58 11150 SH SOLE 11150
BIOMET INC. COM 090613100 200.04 4770 SH SOLE 4770
BLACK & DECKER CORP. COM 091797100 208.44 3760 SH SOLE 3760
BLACK BOX CORP. COM 091826107 573.50 18500 SH SOLE 18500
E.W. BLANCH HOLDINGS INC. COM 093210102 514.50 9800 SH SOLE 9800
BLYTH INDUSTRIES, INC. COM 09643P108 774.90 32800 SH SOLE 32800
BORDERS GROUP INC. COM 099709107 461.26 32800 SH SOLE 32800
BRINKER INTERNATIONAL INC. COM 109641100 686.62 26600 SH SOLE 26600
BRISTOL MYERS SQUIBB CO. COM 110122108 14509.01 225600 SH SOLE 225600
THE BUCKLE, INC. COM 118440106 481.50 21400 SH SOLE 21400
BURR-BROWN CORP. COM 122574106 882.42 37550 SH SOLE 37550
CDW COMPUTER CENTERS, INC. COM 125129106 938.40 13600 SH SOLE 13600
CIGNA CORP. COM 125509109 7124.10 85000 SH SOLE 85000
CMAC INVESTMENT CORP. COM 125662106 756.60 19400 SH SOLE 19400
CVS CORP. COM 126650100 14421.00 303600 SH SOLE 303600
CADENCE DESIGN SYSTEMS, INC. COM 127387108 877.81 34090 SH SOLE 34090
CAMBRIDGE TECH PARTNERS INC. COM 132524109 263.62 19000 SH SOLE 19000
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CAPITAL ONE FINANCIAL CORP COM 14040H105 302.00 2000 SH SOLE 2000
CAPSTAR HOTEL COMPANY SUB NT CV4.75%04 140918AC7 2208.00 3000000 PRN SOLE 0
CARDINAL HEALTH, INC. COM 14149Y108 370.72 5617 SH SOLE 5617
CARNIVAL CORP. COM 143658102 14391.64 296350 SH SOLE 296350
CARRIAGE SERVICES, INC. CL A 143905107 363.00 24000 SH SOLE 24000
CASELLA WASTE SYSTEMS, INC. CL A 147448104 212.09 9400 SH SOLE 9400
CATALINA MARKETING CORP. COM 148867104 1262.36 14700 SH SOLE 14700
CENTRAL PARKING CORP. COM 154785109 376.05 10900 SH SOLE 10900
CENTURY COMMUNICATIONS CORP. CL A 156503104 1346.70 29000 SH SOLE 29000
CENTURY MAINTENANCE SUPPLY COM 156616401 1778.38 17018 SH SOLE 17018
CENTURY TELEPHONE ENTERPRISES COM 156686107 273.27 3890 SH SOLE 3890
CERIDIAN CORPORATION COM 15677T106 285.19 7800 SH SOLE 7800
CHANCELLOR MEDIA CORP. COM 158915108 1423.17 30200 SH SOLE 30200
CHASE MANHATTAN CORP. COM 16161A108 15888.56 195400 SH SOLE 195400
CHATTEM, INC. COM 162456107 240.62 7700 SH SOLE 7700
CHEVRON CORP. COM 166751107 14512.67 164100 SH SOLE 164100
CHEVY CHASE PFD CAPTL CORP PFD A EXCH% 16678M207 3485.62 65000 SH SOLE 65000
CIBER, INC. COM 17163B102 489.29 25500 SH SOLE 25500
CIRCUIT CITY STORES, INC. CIR CITY GRP 172737108 306.50 4000 SH SOLE 4000
CISCO SYSTEMS, INC. COM 17275R102 44701.70 408000 SH SOLE 408000
CITIGROUP INC. COM 172967101 14712.52 230333 SH SOLE 230333
CITRIX SYSTEMS, INC. COM 177376100 1883.37 49400 SH SOLE 49400
CITY NATIONAL CORP. COM 178566105 1094.51 35450 SH SOLE 35450
CLARIFY INC. COM 180492100 242.86 9100 SH SOLE 9100
CLEAR CHANNEL COMMUNICATIONS COM 184502102 7635.79 113860 SH SOLE 113860
COACH USA, INC. COM 18975L106 860.75 31300 SH SOLE 31300
COCA-COLA CO. COM 191216100 12919.43 210500 SH SOLE 210500
COGNOS, INC. COM 19244C109 702.65 29900 SH SOLE 29900
KENNETH COLE PRODUCTIONS, INC. COM 193294105 456.28 17300 SH SOLE 17300
COLGATE-PALMOLIVE CO. COM 194162103 7544.00 82000 SH SOLE 82000
COMAIR HOLDINGS, INC. COM 199789108 1314.73 55650 SH SOLE 55650
COMCAST CORP. CL A SPL 200300200 270.63 4300 SH SOLE 4300
COMMERCE BANCORP, INC. COM 200519106 665.89 16143 SH SOLE 16143
COMMUNITY FIRST BANKSHARES INC COM 203902101 870.00 43500 SH SOLE 43500
COMPAQ COMPUTER CORP COM 204493100 13888.21 438280 SH SOLE 438280
COMVERSE TECHNOLOGY, INC. COM PAR $0.10 205862402 1666.00 19600 SH SOLE 19600
CONCENTRA MANAGED CARE, INC. COM 20589T103 562.60 38800 SH SOLE 38800
CONCORD EFS, INC. COM 206197105 921.98 33450 SH SOLE 33450
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CONSOLIDATED GRAPHICS, INC. COM 209341106 929.77 16100 SH SOLE 16100
CORT BUSINESS SERVICES CORP. COM 220493100 441.68 19100 SH SOLE 19100
COSTCO COMPANIES, INC. COM 22160Q102 238.06 2600 SH SOLE 2600
COSTCO COMPANIES, INC. SB CV ZERO144A17 22160QAA0 322.50 300000 PRN SOLE 0
COSTCO COMPANIES, INC. SB NT CV ZERO17 22160QAC6 645.00 600000 PRN SOLE 0
COTELLIGENT, INC. COM 221630106 323.93 36500 SH SOLE 36500
COVANCE INC. COM 222816100 977.45 39000 SH SOLE 39000
COX RADIO, INC. CL A 224051102 440.75 8600 SH SOLE 8600
CYBEX COMPUTER PRODUCTS CORP. COM 232522102 559.66 31200 SH SOLE 31200
CYTYC CORPORATION COM 232946103 511.98 36900 SH SOLE 36900
DST SYSTEMS, INC. COM 233326107 1429.49 23800 SH SOLE 23800
DALLAS SEMICONDUCTOR CORP. COM 235204104 996.52 25800 SH SOLE 25800
DATA PROCESSING RESOURCES CORP COM 237823109 136.88 10000 SH SOLE 10000
DATASTREAM SYSTEMS, INC. COM 238124101 141.45 16400 SH SOLE 16400
DAVE & BUSTER'S, INC. COM 23833N104 764.65 37300 SH SOLE 37300
DAYTON HUDSON CORP. COM 239753106 14704.13 220700 SH SOLE 220700
DELL COMPUTER CORPORATION COM 247025109 14976.60 366400 SH SOLE 366400
DENTSPLY INT'L INC. COM 249030107 560.32 24100 SH SOLE 24100
DIAL CORP. COM 25247D101 305.25 8880 SH SOLE 8880
DIALOGIC CORP. COM 252499108 646.60 21200 SH SOLE 21200
DIAMOND OFFSHORE DRILLING SB NT CV 3.75%07 25271CAA0 311.70 300000 PRN SOLE 0
DISNEY (WALT) CO. COM 254687106 13856.85 445200 SH SOLE 445200
DOLLAR TREE STORES, INC. COM 256747106 843.67 27270 SH SOLE 27270
DOVER CORP. COM 260003108 6575.00 200000 SH SOLE 200000
DUPONT (E.I.) DE NEMOURS COM 263534109 15107.99 260200 SH SOLE 260200
DUANE READE INC. COM 263578106 537.98 19300 SH SOLE 19300
DYCOM INDUSTRIES, INC. COM 267475101 1117.95 25700 SH SOLE 25700
EMC CORP. COM 268648102 21359.80 167200 SH SOLE 167200
ETEC SYSTEMS, INC. COM 26922C103 426.85 14500 SH SOLE 14500
E*TRADE GROUP, INC. COM 269246104 1597.77 27400 SH SOLE 27400
EARTHGRAINS COMPANY COM 270319106 226.31 10200 SH SOLE 10200
EL PASO ENERGY CAPITAL TRUST I PFD CV TR SECS 283678209 457.18 9500 SH SOLE 9500
ELAN CORP. PLC ADR 284131208 205.06 2940 SH SOLE 2940
ELECTRONIC ARTS INC. COM 285512109 1268.25 26700 SH SOLE 26700
ELECTRONICS FOR IMAGING, INC. COM 286082102 0.00 10900 SH SOLE 10900
EMMIS COMMUNICATIONS CORP. CL A 291525103 1330.00 26600 SH SOLE 26600
ENGINEERING ANIMATION, INC. COM 292872108 758.25 18000 SH SOLE 18000
EXCITE, INC. COM 300904109 350.00 2500 SH SOLE 2500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
EXPEDITORS INT'L OF WASHINGTON COM 302130109 1442.88 26720 SH SOLE 26720
EXPRESS SCRIPTS, INC. CL A 302182100 1864.85 21700 SH SOLE 21700
EXXON CORP. COM 302290101 13054.15 185000 SH SOLE 185000
FACTSET RESEARCH SYSTEMS INC. COM 303075105 328.70 7600 SH SOLE 7600
FAIRFIELD COMMUNITIES, INC. COM PAR $0.01 304231301 143.86 16096 SH SOLE 16096
FAMILY DOLLAR STORES, INC. COM 307000109 975.20 42400 SH SOLE 42400
FASTENAL CO. COM 311900104 371.66 10600 SH SOLE 10600
FEDERAL HOME LOAN MTG CORP. COM 313400301 14481.18 253500 SH SOLE 253500
FEDERAL NATIONAL MTG ASSOC. COM 313586109 14930.30 215600 SH SOLE 215600
FIRST HEALTH GROUP CORP. COM 320960107 464.22 28900 SH SOLE 28900
FIRSTAR CORPORATION COM 33763V109 223.75 2500 SH SOLE 2500
FISERV INC. COM 337738108 343.20 6400 SH SOLE 6400
FLOWERS INDUSTRIES, INC. COM 343496105 222.61 9040 SH SOLE 9040
FOREST LABORATORIES, INC. CL A 345838106 796.01 14120 SH SOLE 14120
FOSSIL INC. COM 349882100 670.79 22500 SH SOLE 22500
FOX ENTERTAINMENT GROUP, INC. CL A 35138T107 227.85 8400 SH SOLE 8400
FREMONT GENERAL CORP. COM 357288109 842.58 44200 SH SOLE 44200
G & K SERVICES INC. CL A 361268105 678.96 14700 SH SOLE 14700
GST TELECOMMUNICATIONS, INC. SSBDISC144ACV05 361942AA3 1584.96 1560000 PRN SOLE 0
GAP INC. COM 364760108 14388.15 213750 SH SOLE 213750
GARTNER GROUP INC. COM 366651107 753.60 33400 SH SOLE 33400
GAYLORD CONTAINER CORP CL A 368145108 840.09 112013 SH SOLE 112013
GAYLORD CONTAINER CORP WT EXP 110202 368145116 1159.67 154623 SH SOLE 154623
GENERAL ELECTRIC CO. COM 369604103 42789.75 386800 SH SOLE 386800
GENERAL INSTRUMENT CORP. COM 370120107 206.12 6800 SH SOLE 6800
GENERAL MOTORS CORP. CL H NEW 370442832 226.97 4500 SH SOLE 4500
GENERAL NUTRITION COMPANIES COM 37047F103 421.40 30100 SH SOLE 30100
GENTEX CORP. COM 371901109 1354.15 62800 SH SOLE 62800
GEOTEL COMMUNICATIONS CORP. COM 373656107 816.57 17800 SH SOLE 17800
GILEAD SCIENCES, INC. COM 375558103 202.47 4450 SH SOLE 4450
GILLETTE CO. COM 375766102 14859.50 250000 SH SOLE 250000
GLOBAL TELESYSTEMS GROUP INC. COM 37936U104 201.37 3600 SH SOLE 3600
GRANITE BROADCASTING CORP. PFD CONV EXCH 387241201 1755.62 53000 SH SOLE 53000
GREAT PLAINS SOFTWARE INC. COM 39119E105 437.17 11300 SH SOLE 11300
GROUP1 AUTOMOTIVE, INC. COM 398905109 677.93 27600 SH SOLE 27600
GUIDANT CORP. COM 401698105 272.25 4500 SH SOLE 4500
GUITAR CENTER, INC. COM 402040109 512.99 25100 SH SOLE 25100
HA-LO INDUSTRIES, INC. COM 404429102 559.44 45435 SH SOLE 45435
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
HALLIBURTON CO. COM 406216101 13929.30 361800 SH SOLE 361800
HARTE-HANKS, INC. COM 416196103 685.95 25000 SH SOLE 25000
HEALTH MGMT ASSOCIATES INC. CL A 421933102 122.48 10050 SH SOLE 10050
HEALTHCARE FINANCIAL PARTNERS COM 42219W108 566.91 21700 SH SOLE 21700
HEFTEL BROADCASTING CORP. CL A 422799106 602.91 13900 SH SOLE 13900
HEWLETT-PACKARD COMPANY COM 428236103 7235.64 106700 SH SOLE 106700
HEWLETT-PACKARD COMPANY SB LYON ZERO 17 428236AC7 226.00 400000 PRN SOLE 0
HOME DEPOT, INC. COM 437076102 14323.72 230100 SH SOLE 230100
HOME DEPOT, INC. SB NT CV 3.25%01 437076AE2 416.70 150000 PRN SOLE 0
HONEYWELL INC. COM 438506107 7444.83 98200 SH SOLE 98200
HYPERION SOLUTIONS CORP. COM 44914M104 567.45 39135 SH SOLE 39135
ICG COMMUNICATIONS, INC. COM 449246107 1200.00 60000 SH SOLE 60000
ITT EDUCATIONAL SERVICES, INC. COM 45068B109 1205.77 32100 SH SOLE 32100
IDEXX LABORATORIES, INC. COM 45168D104 227.41 9500 SH SOLE 9500
ILLINOIS TOOL WORKS INC. COM 452308109 14695.31 237500 SH SOLE 237500
IMAX CORP. COM 45245E109 1246.05 63900 SH SOLE 63900
IMPERIAL CR COMMERCIAL MTG INV COM 45272T102 138.60 14400 SH SOLE 14400
IMR GLOBAL CORP COM 45321W106 188.15 10600 SH SOLE 10600
INFORMATION MGMT RESOURCES INC COM 45675E108 255.60 14400 SH SOLE 14400
INHALE THERAPEUTIC SYSTEMS COM 457191104 943.95 34800 SH SOLE 34800
INKTOMI CORP. COM 457277101 205.80 2400 SH SOLE 2400
INSIGHT ENTERPRISES, INC. COM 45765U103 1369.91 55350 SH SOLE 55350
INSITUFORM TECHNOLOGIES CL A 457667103 516.25 29500 SH SOLE 29500
INNOVATIVE VALVE TECH., INC. COM 45767J106 8.76 20000 SH SOLE 20000
INTEGRATED HEALTH SVCS, INC. SR SD CV 5.75%01 45812CAE6 3236.40 5220000 PRN SOLE 0
INTEL CORP. COM 458140100 27864.30 234400 SH SOLE 234400
INTER-TEL INC. COM 458372109 351.72 22600 SH SOLE 22600
INTERNATIONAL BUS. MACHINES COM 459200101 14499.05 81800 SH SOLE 81800
INTL' NETWORK SERVICES COM 460053101 1202.93 17200 SH SOLE 17200
INTERVOICE, INC. COM 461142101 466.40 42400 SH SOLE 42400
INTUIT INC. COM 461202103 1444.85 14200 SH SOLE 14200
J&J SNACK FOODS CORP. COM 466032109 728.52 36200 SH SOLE 36200
JLG INDUSTRIES, INC. COM 466210101 753.46 55300 SH SOLE 55300
JABIL CIRCUIT, INC. COM 466313103 214.65 5300 SH SOLE 5300
JACOR COMMUNICATIONS, INC. CL A 469858401 1497.20 19700 SH SOLE 19700
JACOR COMMUNICATIONS, INC. SR LYON ZERO 18 469858AB0 2112.00 4000000 PRN SOLE 0
JOHNSON & JOHNSON COM 478160104 22063.52 235500 SH SOLE 235500
JONES APPAREL GROUP INC. COM 480074103 1109.13 39700 SH SOLE 39700
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
JONES PHARMA INC. COM 480236108 764.50 22000 SH SOLE 22000
K-V PHARMACEUTICAL COMPANY CL A 482740206 180.34 12600 SH SOLE 12600
KEANE, INC. COM 486665102 596.76 28000 SH SOLE 28000
KNOLL, INC. COM 498904101 591.00 24000 SH SOLE 24000
KNIGHT/TRIMARK GROUP, INC. CL A 499067106 428.80 6400 SH SOLE 6400
KROGER CO. (THE) COM 501044101 14447.83 241300 SH SOLE 241300
LASON HOLDINGS, INC. COM 51808R107 421.87 7500 SH SOLE 7500
LATTICE SEMICONDUCTOR CORP. COM 518415104 1143.63 25100 SH SOLE 25100
LEARNING TREE INT'L, INC. COM 522015106 313.00 31300 SH SOLE 31300
LEGATO SYSTEMS, INC. COM 524651106 1208.02 23400 SH SOLE 23400
LEGG MASON, INC. COM 524901105 1239.71 36800 SH SOLE 36800
LEVEL ONE COMMUNICATIONS, INC. COM 527295109 1852.61 38100 SH SOLE 38100
LEXMARK INT'L GROUP, INC. CL A 529771107 1194.60 10690 SH SOLE 10690
LILLY (ELI) & COMPANY COM 532457108 14148.66 166700 SH SOLE 166700
LIMITED, INC. COM 532716107 213.97 5400 SH SOLE 5400
LINCARE HOLDINGS, INC. COM 532791100 1054.68 37500 SH SOLE 37500
LINEAR TECHNOLOGY CORP. COM 535678106 242.92 4740 SH SOLE 4740
LINENS 'N THINGS, INC. COM 535679104 880.27 19400 SH SOLE 19400
LIPOSOME COMPANY, INC. COM 536310105 251.29 18700 SH SOLE 18700
LUCENT TECHNOLOGIES, INC. COM 549463107 14077.32 130648 SH SOLE 130648
MBNA CORP. COM 55262L100 15331.92 642175 SH SOLE 642175
MCI WORLDCOM, INC. COM 55268B106 39862.20 450100 SH SOLE 450100
MSC INDUSTRIAL DIRECT CO, INC. CL A 553530106 690.88 40640 SH SOLE 40640
MACROMEDIA, INC. COM 556100105 611.72 13500 SH SOLE 13500
MAGELLAN HEALTH SERVICES, INC. COM 559079108 146.58 35000 SH SOLE 35000
MAPICS, INC. COM 564910107 156.83 20400 SH SOLE 20400
MASTECH CORPORATION COM 57632N105 452.40 34800 SH SOLE 34800
MATTEL INC. COM 577081102 13718.56 551500 SH SOLE 551500
MAXIM INTEGRATED PRODUCTS, INC COM 57772K101 1173.43 21680 SH SOLE 21680
MAYTAG CORP. COM 578592107 223.38 3700 SH SOLE 3700
MCDONALDS CORP. COM 580135101 14074.21 310600 SH SOLE 310600
MEDCO RESEARCH, INC. COM 584059109 980.20 37700 SH SOLE 37700
MEDIA GENERAL, INC. CL A 584404107 451.05 9700 SH SOLE 9700
MEDIAONE GROUP, INC. COM 58440J104 7620.00 120000 SH SOLE 120000
MEDQUIST INC. COM 584949101 663.00 22100 SH SOLE 22100
MEDTRONIC INC. COM 585055106 14766.22 205801 SH SOLE 205801
MEN'S (THE) WEARHOUSE, INC. COM 587118100 891.51 30875 SH SOLE 30875
MENTOR CORP/MINN COM 587188103 800.49 54500 SH SOLE 54500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
MERCK AND CO. INC. COM 589331107 20848.88 260000 SH SOLE 260000
MERCURY INTERACTIVE CORP. COM 589405109 676.87 19000 SH SOLE 19000
MERRILL CORP. COM 590175105 189.92 14200 SH SOLE 14200
MERRILL LYNCH & CO., INC. COM 590188108 7004.28 79200 SH SOLE 79200
MESABA HOLDINGS, INC. COM 59066B102 514.79 38400 SH SOLE 38400
META GROUP, INC. COM 591002100 645.75 42000 SH SOLE 42000
METAMOR WORLDWIDE, INC. COM 59133P100 719.60 51400 SH SOLE 51400
METZLER GROUP, INC. COM 592903108 552.20 17600 SH SOLE 17600
FRED MEYER, INC. COM 592907109 1397.10 23730 SH SOLE 23730
MICREL, INC. COM 594793101 946.19 18900 SH SOLE 18900
MICROSOFT CORP. COM 594918104 47823.90 533600 SH SOLE 533600
MICROCHIP TECHNOLOGY INC COM 595017104 1195.94 34540 SH SOLE 34540
MOBIL CORP. COM 607059102 13613.60 154700 SH SOLE 154700
MODIS PROFESSIONAL SERVICES COM 607830106 747.69 82500 SH SOLE 82500
MOHAWK INDUSTRIES, INC. COM 608190104 234.00 7800 SH SOLE 7800
MONSANTO COMPANY COM 611662107 13083.14 284800 SH SOLE 284800
MORGAN STANLEY DEAN WITTER COM NEW 617446448 8119.96 81250 SH SOLE 81250
MOTOROLA, INC. COM 620076109 14415.60 196800 SH SOLE 196800
NCI BUILDING SYSTEMS, INC. COM 628852105 850.70 36200 SH SOLE 36200
NCO GROUP, INC. COM 628858102 1343.10 36300 SH SOLE 36300
NAT'L COMPTER SYSTEMS, INC. COM 635519101 743.82 30360 SH SOLE 30360
NATIONAL DATA CORP COM 635621105 1163.40 27700 SH SOLE 27700
NATIONAL INSTRUMENTS CORP. COM 636518102 826.50 29000 SH SOLE 29000
NAUTICA ENTERPRISES INC. COM 639089101 126.70 11200 SH SOLE 11200
NEIMAN MARCUS GROUP, INC. COM 640204103 751.15 33200 SH SOLE 33200
NETWORK ASSOCIATES, INC. COM 640938106 787.45 25660 SH SOLE 25660
NEWBRIDGE NETWORKS CORP. COM 650901101 204.60 6600 SH SOLE 6600
NEXTEL COMMUNICATIONS, INC. CL A 65332V103 238.06 6500 SH SOLE 6500
NOBLE AFFILIATES INC. COM 654894104 617.70 21300 SH SOLE 21300
THE NORTH FACE, INC. COM 659317101 166.25 13300 SH SOLE 13300
NORTH FORK BANCORPORATION, INC COM 659424105 1064.70 50400 SH SOLE 50400
NORTHERN TRUST CORP. COM 665859104 230.91 2600 SH SOLE 2600
NOVA CORPORATION COM 669784100 1489.03 56725 SH SOLE 56725
NOVELLUS SYSTEMS INC. COM 670008101 1092.02 19810 SH SOLE 19810
NOVOSTE CORP. COM 67010C100 715.20 29800 SH SOLE 29800
OCEANEERING INT'L INC. COM 675232102 626.17 41400 SH SOLE 41400
OFFICE DEPOT, INC. COM 676220106 1134.94 30830 SH SOLE 30830
OMNICARE, INC. COM 681904108 569.98 29900 SH SOLE 29900
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
OMNICOM GROUP INC. COM 681919106 14984.37 187450 SH SOLE 187450
OMNIPOINT CORP. COM 68212D102 238.22 16500 SH SOLE 16500
ORACLE CORPORATION COM 68389X105 15216.13 576915 SH SOLE 576915
ORBITAL SCIENCES CORP. COM 685564106 1288.24 45500 SH SOLE 45500
O'REILLY AUTOMOTIVE INC. COM 686091109 1530.45 34200 SH SOLE 34200
ORTHODONTIC CENTERS OF AMERICA COM 68750P103 924.52 58700 SH SOLE 58700
OUTBACK STEAKHOUSE, INC. COM 689899102 1498.31 45750 SH SOLE 45750
OUTDOOR SYSTEMS, INC. COM 690057104 1553.10 51770 SH SOLE 51770
OWENS-ILLINOIS, INC. PFD CONV $.01 690768502 1457.52 40000 SH SOLE 40000
OXFORD HEALTH PLANS, INC. COM 691471106 160.93 10300 SH SOLE 10300
PMC-SIERRA, INC. COM 69344F106 733.94 10310 SH SOLE 10310
PSS WORLD MEDICAL, INC. COM 69366A100 542.88 61600 SH SOLE 61600
PACIFIC GATEWAY EXCHANGE, INC. COM 694327107 501.13 15100 SH SOLE 15100
PACIFIC SUNWEAR OF CALIFORNIA COM 694873100 901.76 25950 SH SOLE 25950
PACIFICARE HEALTH SYSTEMS, INC CL B 695112201 894.07 13100 SH SOLE 13100
PAGEMART WIRELESS, INC. CL A 69553J104 546.00 112000 SH SOLE 112000
PAREXEL INT'L CORP. COM 699462107 610.29 29500 SH SOLE 29500
PATHOGENESIS CORP. COM 70321E104 190.37 14300 SH SOLE 14300
PATTERSON DENTAL COMPANY COM 703412106 713.62 16500 SH SOLE 16500
PAYCHEX INC. COM 704326107 283.67 5980 SH SOLE 5980
PAYMENTECH, INC. COM 704384106 725.28 30700 SH SOLE 30700
PEPSICO, INC. COM 713448108 26063.93 665100 SH SOLE 665100
PEREGRINE SYSTEMS, INC. COM 71366Q101 248.82 7400 SH SOLE 7400
PFIZER INC. COM 717081103 28027.50 202000 SH SOLE 202000
PHYMATRIX CORP. SB DB CV 144A 03 718925AA8 1176.00 2400000 PRN SOLE 0
PINNACLE SYSTEMS, INC. COM 723481107 1064.70 23400 SH SOLE 23400
PLATINUM TECH INTERN, INC. COM 72764T101 763.98 29960 SH SOLE 29960
PLEXUS CORP. COM 729132100 627.18 22500 SH SOLE 22500
POLO RALPH LAUREN CORP. CL A 731572103 534.63 26900 SH SOLE 26900
POWERTEL, INC. COM 73936C109 1140.00 80000 SH SOLE 80000
PRAXAIR INC. COM 74005P104 7212.60 200000 SH SOLE 200000
PRE-PAID LEGAL SERVICES, INC. COM 740065107 404.25 16500 SH SOLE 16500
PREMISYS COMMUNICATIONS, INC. COM 740584107 255.30 29600 SH SOLE 29600
PRIDE INTERNATIONAL, INC. SB DB CV ZRO 18 741932AB3 619.20 2400000 PRN SOLE 0
PRIORITY HEALTHCARE CORP. CL B 74264T102 1000.02 22100 SH SOLE 22100
PROCTER & GAMBLE COMPANY COM 742718109 14886.57 152000 SH SOLE 152000
PROFESSIONAL STAFF PLC SPONSORED ADR 74315R105 595.16 80700 SH SOLE 80700
PROFIT RECOVERY GROUP INT'L COM 743168106 213.30 5400 SH SOLE 5400
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PROMUS HOTEL CORP COM 74342P106 678.75 18660 SH SOLE 18660
PROTECTION ONE ALARM MONITORNG SRSBNTCV 6.75%03 743659AL8 1862.00 2000000 PRN SOLE 0
PROTECTION LIFE CORP COM 743674103 1204.42 31800 SH SOLE 31800
PROVIDENT COMPANIES, INC. COM 743862104 220.85 6390 SH SOLE 6390
PROVIDIAN FINANCIAL CORP. COM 74406A102 297.00 2700 SH SOLE 2700
PROXIM, INC. COM 744284100 1377.12 47900 SH SOLE 47900
QRS CORP. COM 74726X105 1438.94 23000 SH SOLE 23000
QLOGIC CORP. COM 747277101 1624.42 24200 SH SOLE 24200
QUIKSILVER, INC. COM 74838C106 823.87 19500 SH SOLE 19500
QUORUM HEALTH GROUP, INC COM 749084109 186.00 18600 SH SOLE 18600
QWEST COMMUNICATIONS INT'L INC COM 749121109 216.28 3000 SH SOLE 3000
RENAL CARE GROUP, INC. COM 759930100 506.32 25800 SH SOLE 25800
RENT-A-CENTER, INC. COM 76009N100 1213.53 42210 SH SOLE 42210
RENT-WAY, INC. COM 76009U104 710.40 29600 SH SOLE 29600
RICHFOOD HOLDINGS, INC. COM 763408101 705.11 32700 SH SOLE 32700
ROBERTS PHARMACEUTICAL CORP. COM 770491108 975.25 47000 SH SOLE 47000
ROMAC INTERNATIONAL, INC. COM 775835101 414.80 48800 SH SOLE 48800
ROSS STORES INC COM 778296103 1269.26 28970 SH SOLE 28970
ROYAL DUTCH PETROLEUM CO. NY REG GLD 1.25 780257804 15080.00 290000 SH SOLE 290000
SBC COMMUNICATIONS INC. COM 78387G103 11969.75 254000 SH SOLE 254000
SCI SYSTEMS, INC. COM 783890106 856.16 28900 SH SOLE 28900
SFX ENTERTAINMENT, INC. CL A 784178105 1181.50 18300 SH SOLE 18300
SLI, INC. COM 78442T108 302.40 14400 SH SOLE 14400
SAFEWAY INC. COM NEW 786514208 14536.97 283300 SH SOLE 283300
SANMINA CORP. COM 800907107 1944.37 30500 SH SOLE 30500
SARA LEE CORP. COM 803111103 7177.50 290000 SH SOLE 290000
SAVILLE SYSTEMS IRELAND PLC SPONSORED ADR 805174109 498.57 40700 SH SOLE 40700
SAWTEK INC. COM 805468105 1012.50 30000 SH SOLE 30000
HENRY SCHEIN, INC. COM 806407102 609.53 24140 SH SOLE 24140
SCHERING PLOUGH CORP. COM 806605101 20969.15 379100 SH SOLE 379100
SCHLUMBERGER LTD. COM 806857108 13431.07 223152 SH SOLE 223152
SCHWAB (CHARLES) CORP. COM 808513105 10756.38 111900 SH SOLE 111900
SECURE COMPUTING CORP. COM 813705100 394.80 37600 SH SOLE 37600
SECURITY DYNAMICS TECH., INC. COM 814208104 1002.02 53800 SH SOLE 53800
SEROLOGICALS CORP. COM 817523103 662.75 48865 SH SOLE 48865
SILICON VALLEY BANCSHARES COM 827064106 792.35 38300 SH SOLE 38300
SIMPSON MANUFACTURING COMPANY COM 829073105 563.50 14000 SH SOLE 14000
SINCLAIR BROADCAST GROUP, INC. PFD CV EXCH D 829226505 1203.98 29500 SH SOLE 29500
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SMITH INT'L, INC. COM 832110100 748.40 18710 SH SOLE 18710
SMITHFIELD FOODS, INC. COM 832248108 716.94 31600 SH SOLE 31600
SONIC CORP. COM 835451105 363.66 13500 SH SOLE 13500
SOUTHERN COMPANY COM 842587107 14647.55 628300 SH SOLE 628300
SOUTHTRUST CORP. COM 844730101 238.80 6400 SH SOLE 6400
SOUTHWEST AIRLINES CO. COM 844741108 13638.36 450855 SH SOLE 450855
STAFFMARK, INC. COM 852389105 99.22 12600 SH SOLE 12600
STAPLES INC. COM 855030102 373.78 11370 SH SOLE 11370
STAR GAS PARTNERS, L.P. UNIT LTD PARTNR 85512C105 1801.29 128664 SH SOLE 128664
STEINWAY MUSICAL INSTRUMENTS COM ORD 858495104 652.32 29400 SH SOLE 29400
STERIS CORPORATION COM 859152100 1109.19 41660 SH SOLE 41660
STERLING COMMERCE, INC. COM 859205106 626.37 20370 SH SOLE 20370
STRAYER EDUCATION, INC. COM 863236105 551.30 14900 SH SOLE 14900
SUMMIT DESIGN, INC. COM 86605U101 316.29 92000 SH SOLE 92000
SUN MICROSYSTEMS INC. COM 866810104 14667.72 117400 SH SOLE 117400
SUNGARD DATA SYSTEMS INC. COM 867363103 1519.20 37980 SH SOLE 37980
SUNTERRA CORP. COM 86787D109 599.13 61450 SH SOLE 61450
SUPERIOR SERVICES, INC. COM 868316100 645.90 32600 SH SOLE 32600
SWIFT TRANSPORTATION CO. INC. COM 870756103 1249.76 48300 SH SOLE 48300
SYBRON CORP. COM 87114F106 1307.50 52300 SH SOLE 52300
SYKES ENTERPRISES, INC. COM 871237103 1163.26 36000 SH SOLE 36000
SYLVAN LEARNING SYSTEMS, INC. COM 871399101 1144.00 41790 SH SOLE 41790
SYMANTEC CORP. COM 871503108 499.67 29500 SH SOLE 29500
SYMBOL TECHNOLOGIES, INC. COM 871508107 1453.50 32300 SH SOLE 32300
SYNOPSYS INC. COM 871607107 1411.47 26260 SH SOLE 26260
TCA CABLE TV, INC. COM 872241104 1191.90 27400 SH SOLE 27400
TJX COMPANIES INC. COM 872540109 285.94 8410 SH SOLE 8410
TV GUIDE, INC. CL A 87307Q109 1062.00 28800 SH SOLE 28800
TECH DATA CORP. COM 878237106 605.56 26400 SH SOLE 26400
TELLABS, INC. COM 879664100 15655.64 160160 SH SOLE 160160
TERADYNE INC. COM 880770102 1178.56 21600 SH SOLE 21600
TEREX CORP. COM 880779103 617.60 25600 SH SOLE 25600
TETRA TECH, INC. COM 88162G103 842.52 40000 SH SOLE 40000
TEXAS INSTRUMENTS INC. COM 882508104 6947.50 70000 SH SOLE 70000
THERAGENICS CORP. COM 883375107 438.20 62600 SH SOLE 62600
TIME WARNER INC. COM 887315109 15267.17 214840 SH SOLE 214840
TOTAL RENAL CARE HOLDINGS, INC SB NT CV144A7%09 89151AAA5 2899.40 3800000 PRN SOLE 0
TOWER AUTOMOTIVE, INC. COM 891707101 588.36 31590 SH SOLE 31590
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
TRANSACTION NETWORK SERVICES COM 893414102 216.15 13200 SH SOLE 13200
TRANSACTION SYSTEMS ARCHITECTS CL A 893416107 889.20 24700 SH SOLE 24700
TREEV, INC. PFD CONV SER A 894692201 431.43 58500 SH SOLE 58500
TRIGON HEALTHCARE, INC. COM 89618L100 229.47 6700 SH SOLE 6700
TRIUMPH GROUP, INC. COM 896818101 517.00 22000 SH SOLE 22000
TYCO INTERNATIONAL LTD. COM 902124106 14594.66 203410 SH SOLE 203410
US BANCORP COM 902973106 14595.99 428500 SH SOLE 428500
USA NETWORKS, INC. COM 902984103 1156.75 32300 SH SOLE 32300
U.S. FOODSERVICE COM 90331R101 1292.23 27790 SH SOLE 27790
UNIPHASE CORP. COM 909149106 2249.54 19540 SH SOLE 19540
UNITED INT'L HOLDINGS, INC. CL A 910734102 2175.00 50000 SH SOLE 50000
U.S. FILTER CORP. COM NEW 911843209 297.06 9700 SH SOLE 9700
UNITED TECHNOLOGIES CORP COM 913017109 14613.76 107900 SH SOLE 107900
UNIVERSAL HEALTH SERVICES, INC CL B 913903100 1003.40 23200 SH SOLE 23200
UNIVISION COMMUNICATIONS INC. CL A 914906102 1045.00 20900 SH SOLE 20900
USFREIGHTWAYS CORP. COM 916906100 1194.67 36340 SH SOLE 36340
USWEB CORP. COM 917327108 1577.81 38250 SH SOLE 38250
VALASSIS COMMUNICATIONS, INC. COM 918866104 719.32 13900 SH SOLE 13900
VENTANA MEDICAL SYSTEMS COM 92276H106 290.87 13000 SH SOLE 13000
VERITAS SOFTWARE CORP. COM 923436109 1865.32 23100 SH SOLE 23100
VERTEX PHARMACEUTICALS, INC. COM 92532F100 204.52 8100 SH SOLE 8100
VETERINARY CENTERS OF AMERICA COM 925514101 201.98 14300 SH SOLE 14300
VIATEL, INC. COM 925529208 2565.00 90000 SH SOLE 90000
VISIO CORP. COM 927914101 714.37 25400 SH SOLE 25400
VISX, INC. COM 92844S105 1645.71 15300 SH SOLE 15300
VITESSE SEMICONDUCTOR CORP. COM 928497106 926.43 18300 SH SOLE 18300
WADDELL & REED FINANCIAL, INC. CL A 930059100 924.55 45100 SH SOLE 45100
WAL-MART STORES INC. COM 931142103 21267.77 230700 SH SOLE 230700
WALGREEN CO. COM 931422109 14322.75 507000 SH SOLE 507000
WASTE MANAGEMENT, INC. COM 94106L109 229.41 5170 SH SOLE 5170
WASTE MANAGEMENT, INC. SUB NT CONV 4%02 94106LAA7 765.80 700000 PRN SOLE 0
WATERS CORP. COM 941848103 220.63 2100 SH SOLE 2100
WATSCO, INC. COM 942622200 764.88 52300 SH SOLE 52300
WATSON PHARMACEUTICALS, INC. COM 942683103 1126.07 25520 SH SOLE 25520
WEBSTER FINANCIAL CORP. COM 947890109 704.55 24400 SH SOLE 24400
WEBTRENDS CORP. COM 94844D104 510.56 10500 SH SOLE 10500
WESLEY JESSEN VISIONCARE, INC. COM 951018100 595.36 21600 SH SOLE 21600
WESTERN WIRELESS CORP. CL A 95988E204 298.70 8240 SH SOLE 8240
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
WHOLE FOODS MARKET INC. COM 966837106 656.56 19100 SH SOLE 19100
WILLIAMS-SONOMA, INC. COM 969904101 1050.90 37200 SH SOLE 37200
WIND RIVER SYSTEMS, INC. COM 973149107 308.16 17300 SH SOLE 17300
WORLD COLOR PRESS, INC. COM 981443104 255.00 12000 SH SOLE 12000
XILINX INC. COM 983919101 365.87 9020 SH SOLE 9020
XEROX CORP. COM 984121103 15105.12 283000 SH SOLE 283000
YOUNG BROADCASTING INC. CL A 987434107 766.50 16800 SH SOLE 16800
ZIONS BANCORPORATION COM 989701107 1056.68 15890 SH SOLE 15890
GEMSTAR INT'L GROUP LTD. ORD G3788V106 308.52 4100 SH SOLE 4100
GILAT SATELLITE NETWORKS LTD ORD M51474100 1692.00 28200 SH SOLE 28200
GRAND TOTAL $1694484
</TABLE>
