UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/00
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: Marlene J. Nogle
Title: Assistant Secretary
Phone: (612) 340-8492
Signature, Place, and Date of Signing:
/s/ Marlene J. Nogle Minneapolis, Minnesota 11/7/00
------------------------- ---------------------- -------
[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).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Manager: None
Form 13F Information Table Entry Total: 589
Form 13F Information Table Value Total: $2,070,475
(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.]
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<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
ADC TELECOMMUNICATIONS INC. COM 000886101 5962.75 221738 SH SOLE 221738
AES CORP. COM 00130H105 11958.73 174580 SH SOLE 174580
AT&T CORP. COM 001957109 5922.70 201624 SH SOLE 201624
AT&T CORP. COM LIB GRP A 001957208 5407.20 300400 SH SOLE 300400
ATMI INC. COM 00207R101 930.32 39800 SH SOLE 39800
AXT, INC. COM 00246W103 1325.47 31700 SH SOLE 31700
ABBOTT LABORATORIES COM 002824100 10372.06 218070 SH SOLE 218070
ABGENIX, INC. COM 00339B107 783.88 9700 SH SOLE 9700
ACCREDO HEALTH, INC. COM 00437V104 2028.31 41500 SH SOLE 41500
ACTEL CORP. COM 004934105 1207.51 33600 SH SOLE 33600
ACTUATE CORP. COM 00508B102 1257.51 36400 SH SOLE 36400
ACXIOM CORP. COM 005125109 854.07 26900 SH SOLE 26900
ADELPHIA BUSINESS SOLUTIONS CL A 006847107 658.56 55749 SH SOLE 55749
ADELPHIA COMMUNICATIONS PFD CV SER D 006848402 1006.25 10000 SH SOLE 10000
ADOBE SYSTEMS INC COM 00724F101 310.50 2000 SH SOLE 2000
ADVANCE PARADIGM INC. COM 007491103 2349.87 55700 SH SOLE 55700
ADVANCED FIBRE COMMUNICATION COM 00754A105 499.95 13200 SH SOLE 13200
AEROFLEX INC. COM 007768104 1023.55 21050 SH SOLE 21050
ADVANCED ENERGY INDUSTRIES COM 007973100 653.40 19800 SH SOLE 19800
ADVENT SOFTWARE, INC. COM 007974108 2808.97 40200 SH SOLE 40200
AFFILIATED COMPUTER SVCS INC. CL A 008190100 852.86 17100 SH SOLE 17100
AFFILIATED MANGERS GROUP COM 008252108 1890.34 33200 SH SOLE 33200
AGILENT TECHNOLOGIES, INC. COM 00846U101 4141.76 84633 SH SOLE 84633
AIR PRODUCTS AND CHEMICALS INC COM 009158106 6166.80 171300 SH SOLE 171300
ALBANY MOLECULAR RESEARCH COM 012423109 2045.24 36400 SH SOLE 36400
ALCOA INC COM 013817101 2833.53 111940 SH SOLE 111940
ALKERMES INC. COM 01642T108 853.61 22100 SH SOLE 22100
ALLERGAN INC. COM 018490102 962.59 11400 SH SOLE 11400
ALPHA INDUSTRIES COM 020753109 797.07 23400 SH SOLE 23400
ALPHARMA INC. CLA 020813101 1100.25 18000 SH SOLE 18000
ALTERA CORP COM 021441100 5858.92 122700 SH SOLE 122700
ALZA CORP. COM 022615108 968.80 11200 SH SOLE 11200
AMBAC FINANCIAL GROUP INC. COM 023139108 2131.57 29100 SH SOLE 29100
AMERICA ONLINE INC. COM 02364J104 10710.76 199270 SH SOLE 199270
AMERICA ONLINE INC. SUB NT CV ZRO 19 02364JAC8 1554.00 3000000 PRN SOLE 0
AMERICAN EXPRESS COM 025816109 13356.49 219860 SH SOLE 219860
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
AMERICAN HOME PRODUCTS CORP. COM 026609107 8729.93 154340 SH SOLE 154340
AMERICAN INTERNATIONAL GROUP COM 026874107 39015.34 407735 SH SOLE 407735
AMERICAN INTERNATIONAL GROUP COM 026874AN7 969.00 850000 PRN SOLE 0
AMERICAN POWER CONVERSION COM 029066107 204.54 10660 SH SOLE 10660
AMERICAN TOWER CORP. CL A 029912201 557.78 14800 SH SOLE 14800
AMERICREDIT CORP. COM 03060R101 1420.48 49300 SH SOLE 49300
AMERISOURCE HEALTH CORP. CL A 03071P102 1884.70 40100 SH SOLE 40100
AMGEN INC. COM 031162100 19692.19 282010 SH SOLE 282010
AMPHENOL CORP. CLA 032095101 1229.86 21600 SH SOLE 21600
ANADARKO PETROLEUM CORP. COM 032511107 5784.01 87030 SH SOLE 87030
ANALOG DEVICES INC. COM 032654105 9934.80 120330 SH SOLE 120330
ANAREN MICROWAVE, INC. COM 032744104 803.57 5925 SH SOLE 5925
ANDREW CORP COM 034425108 1047.52 40000 SH SOLE 40000
ANDRX GROUP COM ANDRX GRP 034553107 578.92 6200 SH SOLE 6200
ANTEC CORP. COM 03664P105 203.55 6900 SH SOLE 6900
APACHE CORP. COM 037411105 916.43 15500 SH SOLE 15500
APOLLO GROUP INC. CL A 037604105 1784.80 44760 SH SOLE 44760
APPLE COMPUTER INC. COM 037833100 2313.38 89840 SH SOLE 89840
APPLIED MATERIALS INC. COM 038222105 9966.36 168030 SH SOLE 168030
APPLIED MICRO CIRCUITS CORP. COM 03822W109 2012.65 9720 SH SOLE 9720
ARIBA, INC. COM 04033V104 3267.89 22810 SH SOLE 22810
ARROW ELECTRONICS INC. COM 042735100 470.06 13800 SH SOLE 13800
ART TECHNOLOGY GROUP, INC. COM 04289L107 767.47 8100 SH SOLE 8100
ARTESYN TECHNOLOGIES INC. COM 043127109 1223.25 42000 SH SOLE 42000
ARTHROCARE CORPORATION COM 043136100 361.54 18600 SH SOLE 18600
ASPEN TECHNOLOGY INC. COM 045327103 392.58 8700 SH SOLE 8700
ASTROPOWER, INC. COM 04644A101 899.48 22700 SH SOLE 22700
ASYST TECHNOLOGIES INC. COM 04648X107 439.42 21700 SH SOLE 21700
ATLAS AIR, INC. COM 049164106 473.20 11200 SH SOLE 11200
ATMEL CORP. COM 049513104 498.16 32800 SH SOLE 32800
AURORA BIOSCIENCES CORP. COM 051920106 625.60 9200 SH SOLE 9200
AUTOMATIC DATA PROCESSING COM 053015103 10973.51 164090 SH SOLE 164090
AVNET INC. COM 053807103 385.90 13600 SH SOLE 13600
AVOCENT CORPORATION COM 053893103 3677.55 66713 SH SOLE 66713
AWARE, INC. COM 05453N100 804.65 20900 SH SOLE 20900
BISYS GROUP INC. COM 055472104 2257.53 29200 SH SOLE 29200
BJ SERVICES CO. COM 055482103 2607.59 42660 SH SOLE 42660
BJ'S WHOLESALE CLUB INC. COM 05548J106 481.16 14100 SH SOLE 14100
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
BAKER HUGHES INC. COM 057224107 7541.94 203150 SH SOLE 203150
BANK OF AMERICA CORP. COM 060505104 8820.99 168420 SH SOLE 168420
BANK OF NEW YORK CO INC COM 064057102 10455.74 186500 SH SOLE 186500
BANKNORTH GROUP, INC. COM 06646R107 707.85 39600 SH SOLE 39600
BEA SYSTEMS INC. COM 073325102 3948.26 50700 SH SOLE 50700
BEAR STEARNS COMPANIES INC/THE COM 073902108 680.40 10800 SH SOLE 10800
BECKMAN COULTER INC. COM 075811109 1230.14 15950 SH SOLE 15950
BED BATH & BEYOND INC. COM 075896100 403.91 16560 SH SOLE 16560
BENCHMARK ELECTRONICS INC. COM 08160H101 1352.00 26000 SH SOLE 26000
BEST BUY CO. INC. COM 086516101 2480.73 38990 SH SOLE 38990
BIOMATRIX, INC. COM 09060P102 700.00 40000 SH SOLE 40000
BIOMET INC COM 090613100 938.17 26805 SH SOLE 26805
BIOVAIL CORP. COM 09067J109 777.73 9550 SH SOLE 9550
BOOKHAM TECHNOLOGY PLC SONOSORED ADR 09856Q108 563.80 13150 SH SOLE 13150
BOWATER INC. COM 102183100 487.59 10500 SH SOLE 10500
BRISTOL-MYERS SQUIBB CO. COM 110122108 16101.82 281870 SH SOLE 281870
BROADCOM CORP. CL A 111320107 3756.18 15410 SH SOLE 15410
BROADWING INC. COM 111620100 263.29 10300 SH SOLE 10300
BROOKS AUTOMATION, INC. COM 11434A100 321.31 9700 SH SOLE 9700
BUSINESS OBJECTS SA SPONSORED ADR 12328X107 1232.38 10900 SH SOLE 10900
CDW COMPUTER CENTERS INC. COM 125129106 1200.60 17400 SH SOLE 17400
C.H. ROBINSON WORLDWIDE INC. COM 12541W100 1555.50 27600 SH SOLE 27600
CIGNA CORP. COM 125509109 10759.46 103060 SH SOLE 103060
CMS ENERGY CORP. COM 125896100 220.89 8200 SH SOLE 8200
C-MAC INDUSTRIES INC. COM 125920108 1811.25 31500 SH SOLE 31500
CVS CORP. COM 126650100 6920.08 149420 SH SOLE 149420
CV THERAPEUTICS, INC. COM 126667104 482.24 6200 SH SOLE 6200
CABLE DESIGN TECHNOLOGIES CORP COM 126924109 1976.64 81300 SH SOLE 81300
CACHEFLOW INC. COM 126946102 457.60 3200 SH SOLE 3200
CADENCE DESIGN SYSTEMS INC. COM 127387108 922.19 35900 SH SOLE 35900
CAL DIVE INTENATIONAL INC. COM 127914109 1652.73 28900 SH SOLE 28900
CALPINE CORP. COM 131347106 1200.31 11500 SH SOLE 11500
CAPITAL ONE FINANCIAL CORP. COM 14040H105 914.32 13050 SH SOLE 13050
CAPSTAR HOTEL COMPANY SUB NT CV4.75%04 140918AC7 2106.00 2700000 PRN SOLE 0
CARDINAL HEALTH INC. COM 14149Y108 955.95 10840 SH SOLE 10840
CAREMARK RX, INC. COM 141705103 963.00 85600 SH SOLE 85600
CATALINA MARKETING CORP. COM 148867104 1704.41 45300 SH SOLE 45300
CATALYTICA INC. COM 148885106 132.41 10700 SH SOLE 10700
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CELL THERAPEUTICS, INC. COM 150934107 1600.51 24000 SH SOLE 24000
CELGENE CORP. COM 151020104 2391.90 40200 SH SOLE 40200
CEPHALON INC. COM 156708109 911.80 18800 SH SOLE 18800
CERIDIAN CORP. COM 15677T106 345.17 12300 SH SOLE 12300
CERNER CORP. COM 156782104 687.28 14800 SH SOLE 14800
CHASE MANHATTAN CORP COM 16161A108 9576.15 207330 SH SOLE 207330
CHEVRON CORPORATION COM 166751107 10852.32 127300 SH SOLE 127300
CHEVY CHASE PFD CAPTL CORP PFD A EXCH% 16678M207 3493.75 65000 SH SOLE 65000
CHIRON CORP. COM 170040109 211.50 4700 SH SOLE 4700
CIENA CORPORATION COM 171779101 1225.67 9980 SH SOLE 9980
CIRCUIT CITY STORES-CIRCUIT CIR CITY GRP 172737108 1204.74 52380 SH SOLE 52380
CISCO SYSTEMS INC. COM 17275R102 54739.49 990760 SH SOLE 990760
CITADEL COMMUNICATIONS CORP. COM 172853202 236.30 13900 SH SOLE 13900
CINTAS CORP. COM 172908105 644.73 14800 SH SOLE 14800
CITIGROUP INC COM 172967101 40502.32 749169 SH SOLE 749169
CITY NATIONAL CORP. COM 178566105 1701.43 44050 SH SOLE 44050
CLEAR CHANNEL COMMUNICATIONS COM 184502102 8048.70 142455 SH SOLE 142455
COCA-COLA CO COM 191216100 13164.95 238820 SH SOLE 238820
COGNEX CORP. COM 192422103 335.22 8500 SH SOLE 8500
COGNIZANT TECH SOLUTIONS CORP. CL A 192446102 1006.20 25800 SH SOLE 25800
COGNOS INC. COM 19244C109 1499.60 36800 SH SOLE 36800
COHERENT, INC. COM 192479103 530.40 7800 SH SOLE 7800
KENNETH COLE PRODUCTIONS INC. COM 193294105 1149.43 32550 SH SOLE 32550
COLGATE-PALMOLIVE COMPANY COM 194162103 9007.17 190830 SH SOLE 190830
COMCAST CORP. CL A SPL 200300200 361.07 8820 SH SOLE 8820
COMMERCE ONE, INC. COM 200693109 3611.00 46000 SH SOLE 46000
COMMSCOPE INC. COM 203372107 382.20 15600 SH SOLE 15600
COMMUNITY FIRST BANKSHARES COM 203902101 934.35 53200 SH SOLE 53200
COMPUCREDIT CORP. COM 20478N100 746.05 13300 SH SOLE 13300
COMVERSE TECHNOLOGY INC. COM PAR $0.10 205862402 875.88 8110 SH SOLE 8110
CONCORD EFS INC. COM 206197105 1449.05 40800 SH SOLE 40800
CONOCO INC CLB 208251405 9259.56 343736 SH SOLE 343736
CONSTELLATION ENERGY GROUP COM 210371100 592.02 11900 SH SOLE 11900
CONVERGENT COMMUNICATIONS INC. COM 211914403 60.25 18900 SH SOLE 18900
CONVERGYS CORP. COM 212485106 812.48 20900 SH SOLE 20900
COOPER CAMERON CORP. COM 216640102 405.28 5500 SH SOLE 5500
COPART, INC. COM 217204106 450.93 32500 SH SOLE 32500
CORNING INC COM 219350105 22809.60 76800 SH SOLE 76800
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
CORPORATE EXECUTIVE BOARD CO. COM 21988R102 1948.10 48400 SH SOLE 48400
COST PLUS INC. /CALIFORNIA COM 221485105 355.47 11800 SH SOLE 11800
COSTCO WHOLESALE CORP. COM 22160K105 9156.90 262090 SH SOLE 262090
COX COMMUNICATIONS INC. CL A 224044107 4857.75 127000 SH SOLE 127000
CREDENCE SYSTEMS CORP. COM 225302108 687.00 22900 SH SOLE 22900
CREE, INC. COM 225447101 720.75 6200 SH SOLE 6200
CROWN CASTLE INT'L CORP. COM 228227104 664.74 21400 SH SOLE 21400
CUBIST PHARMACEUTICALS, INC. COM 229678107 1088.11 20900 SH SOLE 20900
CULLEN/FROST BANKERS, INC. COM 229899109 1095.25 33700 SH SOLE 33700
CURAGEN CORP. COM 23126R101 2077.95 39000 SH SOLE 39000
CYMER INC. COM 232572107 880.74 28700 SH SOLE 28700
CYPRESS SEMICONDUCTOR CORP. COM 232806109 369.91 8900 SH SOLE 8900
CYTEC INDUSTRIES INC COM 232820100 300.94 9000 SH SOLE 9000
CYTYC CORP. COM 232946103 1328.25 30800 SH SOLE 30800
DIGITAL MICROWAVE CORPORATION COM 23322L106 332.50 20700 SH SOLE 20700
DQE, INC. COM 23329J104 449.40 11200 SH SOLE 11200
DST SYSTEMS INC. COM 233326107 940.00 8000 SH SOLE 8000
DSP GROUP, INC. COM 23332B106 295.26 7900 SH SOLE 7900
DALLAS SEMICONDUCTOR CORP. COM 235204104 894.20 27200 SH SOLE 27200
DANAHER CORP. COM 235851102 856.69 17220 SH SOLE 17220
DARDEN RESTAURANTS INC. COM 237194105 499.51 24000 SH SOLE 24000
DELL COMPUTER CORP. COM 247025109 8003.98 259760 SH SOLE 259760
DELTA AIR LINES INC. COM 247361108 455.73 10270 SH SOLE 10270
DENDRITE INTERNATIONAL INC. COM 248239105 1686.53 62900 SH SOLE 62900
PENNZENERGY COMPANY COM 25179M103 836.08 13900 SH SOLE 13900
DEVRY INC. COM 251893103 1806.00 48000 SH SOLE 48000
DIAMOND OFFSHORE DRILLING COM 25271C102 1664.60 40600 SH SOLE 40600
DIAMOND TECH PARTNERS INC. CL A 252762109 657.11 8850 SH SOLE 8850
DIEBOLD, INC. COM 253651103 1139.55 42900 SH SOLE 42900
DIGITAL LIGHTWAVE, INC. COM 253855100 363.12 5000 SH SOLE 5000
DISNEY (WALT) CO COM 254687106 4109.58 107440 SH SOLE 107440
DOCUMENTUM, INC. COM 256159104 1989.10 24500 SH SOLE 24500
DOLLAR THRIFTY AUTO GROUP INC. COM 256743105 786.05 39800 SH SOLE 39800
DOLLAR TREE STORES, INC. COM 256747106 846.95 20880 SH SOLE 20880
DLJDIRECT COM 257661108 1135.86 12700 SH SOLE 12700
DOVER CORP. COM 260003108 4836.49 103040 SH SOLE 103040
DUPONT (E.I.) DE NEMOURS COM 263534109 5048.59 121835 SH SOLE 121835
DUKE ENERGY CORP. COM 264399106 10554.96 123090 SH SOLE 123090
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
DUPONT PHOTOMASKS, INC. COM 26613X101 387.75 6600 SH SOLE 6600
DYCOM INDUSTRIES, INC. COM 267475101 1958.45 47050 SH SOLE 47050
DYNEGY INC. CL A 26816Q101 1339.72 23504 SH SOLE 23504
EGL, INC. COM 268484102 877.25 29000 SH SOLE 29000
EMC CORP. COM 268648102 44529.92 449230 SH SOLE 449230
ENSCO INTERNATIONAL, INC. COM 26874Q100 1230.12 32160 SH SOLE 32160
EOG RESOURCES, INC. COM 26875P101 1127.37 29000 SH SOLE 29000
ECHOSTAR COMMUNICATIONS CORP. CL A 278762109 1128.85 21400 SH SOLE 21400
EDWARDS (A.G.) INC. COM 281760108 1972.20 37700 SH SOLE 37700
ELANTEC SEMICONDUCTOR, INC. COM 284155108 1295.12 13000 SH SOLE 13000
ELECTRO SCIENTIFIC INDUSTRIES COM 285229100 1116.97 31800 SH SOLE 31800
ELECTRONIC ARTS INC. COM 285512109 676.43 13700 SH SOLE 13700
EMCORE CORP. COM 290846104 1114.29 26800 SH SOLE 26800
EMERSON ELECTRIC CO. COM 291011104 3648.15 54450 SH SOLE 54450
ENRON CORP. COM 293561106 14193.49 161980 SH SOLE 161980
EXAR CORP. COM 300645108 1355.20 11200 SH SOLE 11200
EXODUS COMMUNICATIONS, INC. COM 302088109 2529.97 51240 SH SOLE 51240
EXPEDITORS INT'L OF WASHINGTON COM 302130109 1606.94 35660 SH SOLE 35660
EXTREME NETWORKS, INC. COM 30226D106 1877.80 16400 SH SOLE 16400
EXXON MOBIL CORP. COM 30231G102 36260.41 406849 SH SOLE 406849
F.Y.I. INC. COM 302712104 1166.10 31200 SH SOLE 31200
FACTSET RESEARCH SYSTEMS INC. COM 303075105 1169.36 31100 SH SOLE 31100
FAIRCHILD SEMICONDUCTOR CORP. CL A 303726103 295.31 10500 SH SOLE 10500
FAMILY DOLLAR STORES, INC. COM 307000109 261.80 13600 SH SOLE 13600
FEDERAL HOME LOAN MTG CORP. COM 313400301 8284.07 153230 SH SOLE 153230
FEDERAL NATIONAL MTG ASSOC. COM 313586109 15142.27 211780 SH SOLE 211780
FIRSTAR CORP. COM 33763V109 4452.62 199000 SH SOLE 199000
FISERV INC. COM 337738108 1197.50 20000 SH SOLE 20000
FOREST LABORATORIES, INC. CL A 345838106 931.26 8120 SH SOLE 8120
FORRESTER RESEARCH, INC. COM 346563109 1122.00 17600 SH SOLE 17600
FORWARD AIR CORP. COM 349853101 1087.30 30900 SH SOLE 30900
FREEMARKETS, INC. COM 356602102 1433.83 25100 SH SOLE 25100
GST TELECOMMUNICATIONS, INC. SSBDISC144ACV05 361942AA3 354.00 1000000 PRN SOLE 0
GAP INC. COM 364760108 4272.94 212320 SH SOLE 212320
GAYLORD CONTAINER CORP. CL A 368145108 189.07 112013 SH SOLE 112013
GAYLORD CONTAINER CORP. WT EXP 110202 368145116 270.59 154623 SH SOLE 154623
GEMSTAR -TV GUIDE INT'L, INC. COM 36866W106 645.19 7400 SH SOLE 7400
GENAISSANCE PHARMACEUTICALS COM 36867W105 1098.53 53100 SH SOLE 53100
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
GENENCOR INT'L, INC. COM 368709101 207.37 7000 SH SOLE 7000
GENENTECH, INC. COM 368710406 10684.48 57540 SH SOLE 57540
GENERAL ELECTRIC CO. COM 369604103 69559.03 1205780 SH SOLE 1205780
GENERAL MOTORS CORP. CL H NEW 370442832 8308.27 223461 SH SOLE 223461
GENTEX CORP. COM 371901109 405.00 16200 SH SOLE 16200
GENZYME TRANSGENICS CORP. COM 37246E105 1283.10 36400 SH SOLE 36400
GENZYME SURGICAL PRODUCTS COM GENL DIV 372917104 831.89 12200 SH SOLE 12200
GETTY IMAGES, INC. COM 374276103 380.47 12500 SH SOLE 12500
GILEAD SCIENCES, INC. COM 375558103 548.44 5000 SH SOLE 5000
GILLETTE CO. COM 375766102 6914.76 223960 SH SOLE 223960
GOLDEN WEST FINANCIAL CORP. COM 381317106 677.82 12640 SH SOLE 12640
GOLDMAN SACHS GROUP LP COM 38141G104 2405.23 21110 SH SOLE 21110
GRANITE BROADCASTING CORP. COM 387241102 1010.68 220000 SH SOLE 220000
GUIDANT CORP. COM 401698105 12026.14 170130 SH SOLE 170130
HCR MANOR CARE COM 404134108 582.02 37100 SH SOLE 37100
HAIN CELESTIAL GROUP, INC. COM 405217100 1127.51 32100 SH SOLE 32100
HALLIBURTON CO. COM 406216101 12684.72 259200 SH SOLE 259200
HARLEY DAVIDSON INC. COM 412822108 8394.88 175350 SH SOLE 175350
HARMONIC INC. COM 413160102 717.60 29900 SH SOLE 29900
HEALTHSOUTH CORP. SB DB CV 3.25%03 421924AF8 3268.20 3900000 PRN SOLE 0
HEALTH MANAGEMENT ASSOC CL A 421933102 1174.89 56450 SH SOLE 56450
HELMERICH & PAYNE, INC. COM 423452101 278.16 7700 SH SOLE 7700
JACK HENRY & ASSOCIATES, INC. COM 426281101 1270.88 29300 SH SOLE 29300
HERSHEY FOODS CORP. COM 427866108 2056.75 38000 SH SOLE 38000
HEWLETT-PACKARD CO. COM 428236103 12988.30 133900 SH SOLE 133900
HOME DEPOT, INC. COM 437076102 21047.17 396645 SH SOLE 396645
HONEYWELL INT'L INC. COM 438516106 8616.19 241858 SH SOLE 241858
HOOPER HOLMES, INC. COM 439104100 405.12 42600 SH SOLE 42600
HUMAN GENOME SCIENCES, INC. COM 444903108 522.83 3020 SH SOLE 3020
HUTCHINSON TECHNOLOGY, INC. COM 448407106 836.20 39700 SH SOLE 39700
ICN PHARMACEUTICALS, INC. COM 448924100 1652.52 49700 SH SOLE 49700
HYPERION SOLUTIONS CORP. COM 44914M104 712.46 27535 SH SOLE 27535
ICG COMMUNICATIONS, INC. COM 449246107 21.90 50000 SH SOLE 50000
IDEC PHARMACEUTICALS CORP. COM 449370105 1323.96 7550 SH SOLE 7550
IMS HEALTH INC. COM 449934108 462.72 22300 SH SOLE 22300
ILLINOIS TOOL WORKS INC. COM 452308109 5618.23 100550 SH SOLE 100550
IMPATH INC. COM 45255G101 3219.37 51000 SH SOLE 51000
INCYTE PHARMACEUTICALS, INC. COM 45337C102 427.70 10400 SH SOLE 10400
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
INFINITY BROADCASTING CORP. CL A 45662S102 304.59 9230 SH SOLE 9230
INFOCUS CORP. COM 45665B106 2294.90 43300 SH SOLE 43300
INHALE THERAPEUTIC SYSTEMS COM 457191104 496.10 8800 SH SOLE 8800
INSIGHT ENTERPRISES, INC. COM 45765U103 891.07 32700 SH SOLE 32700
INSITUFORM TECHNOLOGIES CL A 457667103 1025.56 30500 SH SOLE 30500
INTEGRATED DEVICE TECH INC. COM 458118106 1393.70 15400 SH SOLE 15400
INTEGRATED HEALTH SVCS, INC. SR SD CV 5.75%01 45812CAE6 -26.60 1900000 PRN SOLE 0
INTEL CORP. COM 458140100 40805.30 981770 SH SOLE 981770
INTERCEPT GROUP, INC. COM 45845L107 459.26 19700 SH SOLE 19700
INTERNATIONAL BUS. MACHINES COM 459200101 24535.12 218090 SH SOLE 218090
INTERNET PICTURES CORP. COM 46059S101 71.50 13150 SH SOLE 13150
INTRANET SOLUTIONS, INC. COM NEW 460939309 1675.00 33500 SH SOLE 33500
INTERWOVEN, INC. COM 46114T102 1944.68 17200 SH SOLE 17200
INTIMATE BRANDS, INC. CL A 461156101 594.27 31800 SH SOLE 31800
INTUIT INC. COM 461202103 267.90 4700 SH SOLE 4700
INVESTMENT TECHNOLOGY GROUP COM 46145F105 1042.38 26100 SH SOLE 26100
INVITROGEN CORP. COM 46185R100 320.06 4500 SH SOLE 4500
INVESTORS FINANCIAL SERVICES COM 461915100 732.25 11600 SH SOLE 11600
IRON MOUNTAIN INC. COM 462846106 1794.50 48500 SH SOLE 48500
I-2 TECHNOLOGIES, INC. COM 465754109 1740.62 9305 SH SOLE 9305
IVAX CORP. COM 465823102 634.80 13800 SH SOLE 13800
JDS UNIPHASE CORP. COM 46612J101 9636.39 101770 SH SOLE 101770
JABIL CIRCUIT, INC. COM 466313103 1339.30 23600 SH SOLE 23600
JAKKS PACIFIC, INC. COM 47012E106 157.08 16700 SH SOLE 16700
JOHNSON & JOHNSON COM 478160104 18953.87 201770 SH SOLE 201770
JONES APPAREL GROUP INC. COM 480074103 662.50 25000 SH SOLE 25000
JUNIPER NETWORKS, INC. COM 48203R104 293.37 1340 SH SOLE 1340
KLA INSTRUMENTS CORP. COM 482480100 357.09 8670 SH SOLE 8670
KEEBLER FOODS CO. COM 487256109 256.20 6100 SH SOLE 6100
KEMET CORP. COM 488360108 596.70 21600 SH SOLE 21600
KENT ELECTRONICS CORP. COM 490553104 291.27 12200 SH SOLE 12200
KING PHARMACEUTICALS,T INC. COM 495582108 3044.06 91036 SH SOLE 91036
KNIGHT TRADING GROUP, INC. COM 499063105 658.80 18300 SH SOLE 18300
KOHLS CORP. COM 500255104 4876.94 84540 SH SOLE 84540
KOPIN CORP. COM 500600101 561.60 31200 SH SOLE 31200
KORN/FERRY INTERNATIONAL COM NEW 500643200 408.38 10800 SH SOLE 10800
KROGER CO. COM 501044101 8065.36 357460 SH SOLE 357460
LTX CORP. COM 502392103 229.14 12100 SH SOLE 12100
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
L-3 COMMUNICATIONS HOLDINGS COM 502424104 1384.25 24500 SH SOLE 24500
LAM RESEARCH CORP. COM 512807108 347.57 16600 SH SOLE 16600
LAMAR ADVERTISING CO. CL A 512815101 246.18 6500 SH SOLE 6500
LATTICE SEMICONDUCTOR CORP. COM 518415104 537.50 10000 SH SOLE 10000
LEARNING TREE INT'L, INC. COM 522015106 942.97 19800 SH SOLE 19800
LEGG MASON, INC. COM 524901105 813.75 14000 SH SOLE 14000
LENNAR CORP. COM 526057104 1460.64 49200 SH SOLE 49200
LIFEPOINT HOSPITALS, INC. COM 53219L109 2350.10 66200 SH SOLE 66200
LILLY (ELI) & CO. COM 532457108 11584.65 142800 SH SOLE 142800
LINEAR TECHNOLOGY CORP. COM 535678106 3954.93 61080 SH SOLE 61080
LINENS 'N THINGS, INC. COM 535679104 334.05 13100 SH SOLE 13100
LIZ CLAIBORNE INC. COM 539320101 616.00 16000 SH SOLE 16000
LOUIS DREYFUS NATURAL GAS CORP COM 546011107 511.16 12900 SH SOLE 12900
LOWE'S COS. COM 548661107 6866.32 153010 SH SOLE 153010
LUCENT TECHNOLOGIES, INC. COM 549463107 10973.33 359040 SH SOLE 359040
MBNA CORP. COM 55262L100 8155.07 211820 SH SOLE 211820
MMC NETWORKS, INC. COM 55308N102 2808.30 22200 SH SOLE 22200
MACROVISION CORP. COM 555904101 2154.60 26600 SH SOLE 26600
MAGELLAN HEALTH SERVICES, INC. COM 559079108 116.25 30000 SH SOLE 30000
MANPOWER, INC. COM 56418H100 376.86 11800 SH SOLE 11800
MANUGISTICS GROUP, INC. COM 565011103 942.00 9600 SH SOLE 9600
MARINE DRILLING COMPANIES, INC COM PAR $0.01 568240204 525.55 18400 SH SOLE 18400
MARSH & MCLENNAN COS. INC COM 571748102 6799.45 51220 SH SOLE 51220
MARSHALL & ILSLEY CORP. COM 571834100 576.43 11500 SH SOLE 11500
MARTIN MARIETTA MATERIALS COM 573284106 482.32 12600 SH SOLE 12600
MASTEC, INC. COM 576323109 1514.06 48450 SH SOLE 48450
MAXIM INTEGRATED PRODUCTS, INC COM 57772K101 4469.13 55560 SH SOLE 55560
MAXIMUS, INC. COM 577933104 311.96 14100 SH SOLE 14100
MCDONALDS CORP. COM 580135101 7269.27 240800 SH SOLE 240800
MCLEODUSA INC. COM 582266102 633.30 44247 SH SOLE 44247
MEADE INSTRUMENTS CORP. COM 583062104 290.70 14400 SH SOLE 14400
MEDAREX, INC. COM 583916101 809.45 6900 SH SOLE 6900
MEDICINES COMPANY (THE) COM 584688105 1817.09 53150 SH SOLE 53150
MEDICIS PHARMACEUTICAL CORP. CL A NEW 584690309 1525.20 24800 SH SOLE 24800
MEDIMMUNE, INC. COM 584699102 1244.49 16110 SH SOLE 16110
MEDTRONIC INC. COM 585055106 15958.40 308000 SH SOLE 308000
MEN'S (THE) WEARHOUSE, INC. COM 587118100 1557.21 55000 SH SOLE 55000
MERCK AND CO. INC. COM 589331107 22361.91 300410 SH SOLE 300410
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
MERCURY INTERACTIVE CORP. COM 589405109 3307.42 21100 SH SOLE 21100
MERRILL LYNCH & CO., INC. COM 590188108 8500.14 128790 SH SOLE 128790
META GROUP, INC. COM 591002100 372.48 30100 SH SOLE 30100
METHODE ELECTRONICS, INC. CL A 591520200 1418.01 32000 SH SOLE 32000
METRIS COMPANIES INC. COM 591598107 1694.55 42900 SH SOLE 42900
METTLER-TOLEDO INT'L INC. COM 592688105 1095.60 24900 SH SOLE 24900
MICREL, INC. COM 594793101 1956.40 29200 SH SOLE 29200
MICROSOFT CORP. COM 594918104 35784.30 593310 SH SOLE 593310
MICROCHIP TECHNOLOGY INC. COM 595017104 1771.01 53565 SH SOLE 53565
MICROCELL TELECOMMUNICATIONS CL B NON VTG 59501T304 2180.01 75010 SH SOLE 75010
MICROMUSE INC. COM 595094103 2310.78 11500 SH SOLE 11500
MILLENNIUM PHARMACEUTICALS INC COM 599902103 408.97 2800 SH SOLE 2800
HERMAN MILLER, INC. COM 600544100 833.63 26000 SH SOLE 26000
MILLIPORE CORP. COM 601073109 571.56 11800 SH SOLE 11800
MINIMED INC. COM 60365K108 1215.50 13600 SH SOLE 13600
MIPS TECHNOLOGIES, INC. CLA 604567107 961.40 20900 SH SOLE 20900
MOLECULAR DEVICES CORP. COM 60851C107 1591.65 16200 SH SOLE 16200
MONTANA POWER CO. COM 612085100 450.56 13500 SH SOLE 13500
MORGAN J.P. & CO. INC. COM 616880100 5829.22 35680 SH SOLE 35680
MORGAN STANLEY DEAN WITTER COM NEW 617446448 15744.70 172190 SH SOLE 172190
MOTOROLA, INC. COM 620076109 11303.10 400110 SH SOLE 400110
MURPHY OIL CORP. COM 626717102 388.87 6000 SH SOLE 6000
MYLAN LABORATORIES INC. COM 628530107 267.76 9940 SH SOLE 9940
NPS PHARMACEUTICALS, INC. COM 62936P103 1996.67 35300 SH SOLE 35300
NABORS INDUSTRIES INC COM 629568106 618.32 11800 SH SOLE 11800
NATIONAL INSTRUMENTS CORP. COM 636518102 1553.20 35200 SH SOLE 35200
NATIONAL-OILWELL, INC. COM 637071101 712.50 22800 SH SOLE 22800
NATURAL MICROSYSTEMS CORP COM 638882100 1022.14 19000 SH SOLE 19000
NETIQ CORP. COM 64115P102 1865.53 28400 SH SOLE 28400
NETWORK APPLIANCE, INC. COM 64120L104 596.11 4680 SH SOLE 4680
NETWORK ENGINES, INC. COM 64121A107 1048.01 25600 SH SOLE 25600
NEWFIELD EXPLORATION COMPANY COM 651290108 2208.34 47300 SH SOLE 47300
NEXTEL COMMUNICATIONS, INC. CL A 65332V103 7806.78 166990 SH SOLE 166990
NOBLE AFFILIATES INC. COM 654894104 887.28 23900 SH SOLE 23900
NOKIA OYJ SPONSORED ADR 654902204 10001.42 251210 SH SOLE 251210
NOBLE DRILLING CORP. COM 655042109 437.17 8700 SH SOLE 8700
NORTEL NETWORKS CORP COM 656568102 16753.28 281270 SH SOLE 281270
NORTH FORK BANCORPORATION, INC COM 659424105 358.97 16600 SH SOLE 16600
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
NORTHERN TRUST CORP. COM 665859104 1022.06 11500 SH SOLE 11500
NORTHWEST AIRLINES CORP. CL A 667280101 1473.78 60000 SH SOLE 60000
NOVELLUS SYSTEMS INC. COM 670008101 406.49 8730 SH SOLE 8730
NOVOSTE CORP. COM 67010C100 1028.50 24200 SH SOLE 24200
OCEAN ENERGY INC. COM 67481E106 385.95 25000 SH SOLE 25000
OCEANEERING INT'L INC. COM 675232102 965.91 58100 SH SOLE 58100
OMNICOM GROUP INC. COM 681919106 2489.37 34130 SH SOLE 34130
ON ASSIGNMENT, INC. COM 682159108 527.10 16800 SH SOLE 16800
OPTIMAL ROBOTICS CORP. CL A NEW 68388R208 466.90 11600 SH SOLE 11600
ORACLE CORP. COM 68389X105 26073.33 331090 SH SOLE 331090
CELERA GENOMICS COM PE BIO GRP 69332S102 5869.27 50380 SH SOLE 50380
PF CHANG'S CHINA BISTRO, INC. COM 69333Y108 1458.55 42200 SH SOLE 42200
PMC-SIERRA, INC. COM 69344F106 944.94 4390 SH SOLE 4390
PMI GROUP INC. (THE) COM 69344M101 2242.52 33100 SH SOLE 33100
PRI AUTOMATION, INC. COM 69357H106 458.07 25100 SH SOLE 25100
PACIFIC SUNWEAR OF CALIFORNIA COM 694873100 435.46 23225 SH SOLE 23225
PAIN THERAPEUTICS INC. COM 69562K100 376.44 19000 SH SOLE 19000
PATTERSON ENERGY, INC. COM 703414102 409.06 11900 SH SOLE 11900
PAYCHEX INC. COM 704326107 844.20 16080 SH SOLE 16080
PEGASUS COMMUNICATIONS CORP. CL A 705904100 613.57 12700 SH SOLE 12700
PEPSICO, INC. COM 713448108 16065.04 349240 SH SOLE 349240
PEREGRINE SYSTEMS, INC. COM 71366Q101 405.84 21430 SH SOLE 21430
PERICOM SEMICONDUCTOR CORP. COM 713831105 1413.40 38200 SH SOLE 38200
PFIZER INC. COM 717081103 37707.34 839097 SH SOLE 839097
PHARMACEUTICAL PRODUCT DEV COM 717124101 1150.17 43300 SH SOLE 43300
PHARMACOPEIA, INC. COM 71713B104 201.45 7900 SH SOLE 7900
PHARMACIA CORP. COM 71713U102 9867.88 163951 SH SOLE 163951
PHONE.COM, INC. COM 71920Q100 732.88 6450 SH SOLE 6450
PHOTON DYNAMICS, INC. COM 719364101 758.77 20100 SH SOLE 20100
PHOTRONICS, INC. COM 719405102 396.99 18200 SH SOLE 18200
PINNACLE HOLDINGS INC. COM 72346N101 604.38 22700 SH SOLE 22700
POLYCOM INC. COM 73172K104 3910.98 58400 SH SOLE 58400
POLYMEDICA CORP. COM 731738100 420.17 9800 SH SOLE 9800
POWER-ONE, INC. COM 739308104 1525.00 25200 SH SOLE 25200
POWERWAVE TECHNOLOGIES, INC. COM 739363109 797.34 21000 SH SOLE 21000
PRAXAIR INC. COM 74005P104 6171.36 165120 SH SOLE 165120
PRE-PAID LEGAL SERVICES, INC. COM 740065107 956.46 29600 SH SOLE 29600
PRECISION DRILLING CORP. COM 74022D100 1916.62 53800 SH SOLE 53800
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
PRICE COMMUNICATIONS CORP. COM NEW 741437305 1320.50 67500 SH SOLE 67500
PRIORITY HEALTHCARE CORP. CL B 74264T102 2413.31 31650 SH SOLE 31650
PROCTER & GAMBLE CO. COM 742718109 12055.98 179940 SH SOLE 179940
PROTECTIVE LIFE CORP. COM 743674103 1786.52 59800 SH SOLE 59800
PROTEIN DESIGN LABS, INC. COM 74369L103 1277.30 10600 SH SOLE 10600
PROVINCE HEALTHCARE CO. COM 743977100 910.58 22800 SH SOLE 22800
PROVIDIAN FINANCIAL CORP. COM 74406A102 986.79 7770 SH SOLE 7770
PROXIM, INC. COM 744284100 1121.40 25200 SH SOLE 25200
PSINET INC. PFD C CV 6 3/4 74437C309 485.00 20000 SH SOLE 20000
QLT PHOTOTHERAPEUTICS, INC. COM 746927102 439.42 6200 SH SOLE 6200
QLOGIC CORP. COM 747277101 2411.20 27400 SH SOLE 27400
QUALCOMM, INC. COM 747525103 4780.16 67090 SH SOLE 67090
QUANTA SERVICES, INC. COM 74762E102 449.62 16350 SH SOLE 16350
QUEST DIAGNOSTICS INC. COM 74834L100 745.87 6500 SH SOLE 6500
QWEST CAPITAL FUNDING COM 749121109 7854.98 163431 SH SOLE 163431
RSA SECURITY INC. COM 749719100 2259.75 52400 SH SOLE 52400
RF MICRO DEVICES, INC. COM 749941100 207.07 6600 SH SOLE 6600
RADIAN GROUP INC. COM 750236101 857.25 12700 SH SOLE 12700
RADIO ONE, INC. CL A 75040P108 157.11 18900 SH SOLE 18900
RADIOSHACK CORP. COM 750438103 840.12 13000 SH SOLE 13000
RADISYS CORP. COM 750459109 1162.94 23000 SH SOLE 23000
RATIONAL SOFTWARE CORP. COM NEW 75409P202 2053.50 29600 SH SOLE 29600
REDBACK NETWORKS INC. COM 757209101 327.87 2000 SH SOLE 2000
REMEC, INC. COM 759543101 1139.25 38700 SH SOLE 38700
REPUBLIC SERVICES, INC. CL A 760759100 195.56 14900 SH SOLE 14900
RESEARCH IN MOTION LIMITED COM 760975102 522.38 5300 SH SOLE 5300
RESMED INC. COM 761152107 1350.00 43200 SH SOLE 43200
ROBERT HALF INT'L INC. COM 770323103 402.38 11600 SH SOLE 11600
ROSLYN BANCORP, INC. COM 778162107 619.78 27700 SH SOLE 27700
ROWAN COMPANIES, INC. COM 779382100 730.80 25200 SH SOLE 25200
ROYAL DUTCH PETROLEUM CO. NY REG GLD 1.25 780257804 15332.73 255810 SH SOLE 255810
RURAL CELLULAR CORP. CL A 781904107 1001.43 14700 SH SOLE 14700
SBC COMMUNICATIONS INC. COM 78387G103 17099.10 341982 SH SOLE 341982
SBA COMMUNICATIONS CORP. COM 78388J106 360.66 8600 SH SOLE 8600
SCI SYSTEMS, INC. COM 783890106 553.50 13500 SH SOLE 13500
SDL, INC. COM 784076101 773.08 2510 SH SOLE 2510
SPX CORP. COM 784635104 794.85 5600 SH SOLE 5600
SAFEWAY INC. COM NEW 786514208 8400.10 179920 SH SOLE 179920
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SALTON, INC. COM 795757103 222.95 6900 SH SOLE 6900
SANDISK CORP. COM 80004C101 700.87 10500 SH SOLE 10500
SANMINA CORP. COM 800907107 1334.15 14250 SH SOLE 14250
SAWTEK INC. COM 805468105 458.34 11900 SH SOLE 11900
SCHERING PLOUGH CORP. COM 806605101 11394.36 245040 SH SOLE 245040
SCHLUMBERGER LTD. COM 806857108 15759.64 191460 SH SOLE 191460
SCHOLASTIC CORP. COM 807066105 779.71 9800 SH SOLE 9800
SCHWAB (CHARLES) CORP. COM 808513105 8091.51 227930 SH SOLE 227930
SCIENTIFIC-ATLANTA INC. COM 808655104 547.17 8600 SH SOLE 8600
SEMTECH CORP. COM 816850101 1129.87 26200 SH SOLE 26200
SEPRACOR, INC. COM 817315104 429.40 3500 SH SOLE 3500
SHIRE PHARMACEUTICALS GROUP SPONSORED ADR 82481R106 1280.35 24801 SH SOLE 24801
SIEBEL SYSTEMS, INC. COM 826170102 5694.77 51160 SH SOLE 51160
SILICON STORAGE TECHNOLOGY INC COM 827057100 652.51 24000 SH SOLE 24000
SILICON VALLEY BANCSHARES COM 827064106 1636.37 28100 SH SOLE 28100
SINCLAIR BROADCAST GROUP, INC. PFD CV EXCH D 829226505 916.35 29500 SH SOLE 29500
SIRIUS SATELLITE RADIO INC. COM 82966U103 1729.01 32700 SH SOLE 32700
SIPEX CORP. COM 829909100 534.20 12700 SH SOLE 12700
SKYWEST, INC. COM 830879102 363.87 7100 SH SOLE 7100
SMARTFORCE PUBLIC LIMITED CO. SPONSORED ADR 83170A206 914.33 19300 SH SOLE 19300
SMITH INT'L, INC. COM 832110100 906.16 11110 SH SOLE 11110
SOLECTRON CORP. COM 834182107 9933.01 215350 SH SOLE 215350
SOUTHDOWN, INC. COM 841297104 1467.75 20600 SH SOLE 20600
SOUTHERN CO. COM 842587107 8290.82 255590 SH SOLE 255590
SOUTHTRUST CORP. COM 844730101 625.61 19900 SH SOLE 19900
SOUTHWEST AIRLINES CO. COM 844741108 8534.59 351942 SH SOLE 351942
SPRINT CORP. PCS COM SER 1 852061506 2474.04 70560 SH SOLE 70560
STANFORD MICRODEVICES, INC. COM 854399102 904.15 16900 SH SOLE 16900
STARBUCKS CORP. COM 855244109 3408.15 85070 SH SOLE 85070
STATE STREET CORP. COM 857477103 5120.70 39390 SH SOLE 39390
STILWELL FINANCIAL, INC. COM 860831106 278.40 6400 SH SOLE 6400
STRYKER CORP. COM 863667101 214.69 5000 SH SOLE 5000
SUIZA FOODS CORP. COM 865077101 451.12 8900 SH SOLE 8900
SUN MICROSYSTEMS INC. COM 866810104 32024.52 274300 SH SOLE 274300
SUNGARD DATA SYSTEMS INC. COM 867363103 1287.81 30080 SH SOLE 30080
SYBRON CORP. COM 87114F106 314.40 13100 SH SOLE 13100
SYCAMORE NETWORKS, INC. COM 871206108 3595.32 33290 SH SOLE 33290
SYMANTEC CORP. COM 871503108 224.40 5100 SH SOLE 5100
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
SYMBOL TECHNOLOGIES, INC. COM 871508107 468.99 13050 SH SOLE 13050
TCF FINANCIAL CORP. COM 872275102 336.36 8940 SH SOLE 8940
TMP WORLDWIDE INC. COM 872941109 692.30 8600 SH SOLE 8600
TVIA, INC. COM 87307P101 366.83 20450 SH SOLE 20450
TARGET CORP. COM 87612E106 6314.76 246430 SH SOLE 246430
TECHNE CORP. COM 878377100 1276.80 11400 SH SOLE 11400
TEKELEC COM 879101103 562.16 17100 SH SOLE 17100
TEKTRONIX, INC. COM 879131100 891.03 11600 SH SOLE 11600
TELEDYNE TECHNOLOGIES INC. COM 879360105 1240.72 42600 SH SOLE 42600
TELEPHONE AND DATA SYSTEMS COM 879433100 940.95 8500 SH SOLE 8500
TELLABS, INC. COM 879664100 5878.02 123100 SH SOLE 123100
TELETECH HOLDINGS, INC. COM 879939106 445.50 18000 SH SOLE 18000
TENET HEALTHCARE CORP. COM 88033G100 940.29 25850 SH SOLE 25850
TERADYNE INC. COM 880770102 220.50 6300 SH SOLE 6300
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 1097.82 15000 SH SOLE 15000
TETRA TECH, INC. COM 88162G103 1204.64 42175 SH SOLE 42175
TEXAS INSTRUMENTS INC. COM 882508104 12805.17 271365 SH SOLE 271365
THERMA-WAVE, INC. COM 88343A108 1576.93 54850 SH SOLE 54850
THREE-FIVE SYSTEMS, INC. COM 88554L108 500.17 17100 SH SOLE 17100
TIDEWATER INC. COM 886423102 2261.35 49700 SH SOLE 49700
TIFFANY & CO. COM 886547108 910.08 23600 SH SOLE 23600
TIME WARNER INC. COM 887315109 13576.37 173500 SH SOLE 173500
TITAN PHARMACEUTICALS, INC. COM 888314101 2278.25 35050 SH SOLE 35050
TOLLGRADE COMMUNICATIONS INC. COM 889542106 2873.42 20700 SH SOLE 20700
TOSCO CORP. COM NEW 891490302 655.88 21030 SH SOLE 21030
TRANSWITCH CORP. COM 894065101 1753.12 27500 SH SOLE 27500
TREEV, INC. PFD CONV SER A 894692201 994.50 58500 SH SOLE 58500
TRIGON HEALTHCARE, INC. COM 89618L100 2633.40 50100 SH SOLE 50100
TRIQUINT SEMICONDUCTOR, INC. COM 89674K103 801.63 22000 SH SOLE 22000
TRIUMPH GROUP, INC. COM 896818101 936.33 26100 SH SOLE 26100
TWEETER HOME ENTERTAINMENT GRP COM 901167106 846.09 23300 SH SOLE 23300
TYCO INTERNATIONAL LTD. COM 902124106 26432.38 509540 SH SOLE 509540
US BANCORP COM 902973106 7055.45 310130 SH SOLE 310130
USA NETWORKS, INC. COM 902984103 309.98 14130 SH SOLE 14130
UTI ENERGY CORP. COM 903387108 1414.61 31700 SH SOLE 31700
ULTIMATE ELECTRONICS INC. COM 903849107 477.05 11600 SH SOLE 11600
USA EDUCATIONAL INC COM 90390U102 664.99 13800 SH SOLE 13800
ULTRAMAR DIAMOND SHAMROCK CORP COM 904000106 261.36 10300 SH SOLE 10300
<PAGE>
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRETN MANAGERS SOLE
UNITED TECHNOLOGIES CORP. COM 913017109 9629.21 139050 SH SOLE 139050
UNITEDGLOBALCOM INC. CV PFD 1/20 913247102 1675.00 40000 SH SOLE 40000
UNITEDHEALTH GROUP INC. COM 91324P102 6759.43 68450 SH SOLE 68450
UNIVERSAL HEALTH SERVICES INC. CL B 913903100 2697.18 31500 SH SOLE 31500
UNIVISION COMMUNICATIONS INC. CL A 914906102 396.17 10600 SH SOLE 10600
VA LINUX SYSTEMS, INC. COM 91819B105 559.62 12100 SH SOLE 12100
VYYO INC. COM 918458100 1377.00 45900 SH SOLE 45900
VALERO ENERGY CORP. COM 91913Y100 826.91 23500 SH SOLE 23500
VALICERT INC. COM 91915Q105 408.62 23350 SH SOLE 23350
VARIAN INC. COM 922206107 477.99 11100 SH SOLE 11100
VARIAN SEMICONDUCTOR EQUIPMENT COM 922207105 396.84 10600 SH SOLE 10600
VARIAN MEDICAL SYSTEMS, INC. COM 92220P105 1265.26 28000 SH SOLE 28000
VEECO INSTRUMENTS INC. COM 922417100 945.76 8900 SH SOLE 8900
VERITAS SOFTWARE CORP. COM 923436109 11045.47 77785 SH SOLE 77785
VERITY COM 92343C106 1327.59 37200 SH SOLE 37200
VERISIGN, INC. COM 92343E102 6016.12 29700 SH SOLE 29700
VERITAS DGC INC. COM 92343P107 613.48 21200 SH SOLE 21200
VERIZON COMMUNICATIONS COM 92343V104 6962.18 143734 SH SOLE 143734
VERSATEL TELECOM INT'L NV SPONSORED ADR 925301103 864.62 36694 SH SOLE 36694
VERTICALNET, INC. COM 92532L107 330.17 9400 SH SOLE 9400
VIACOM, INC. CL B 925524308 13445.75 229842 SH SOLE 229842
VIATEL, INC. COM 925529208 205.00 20000 SH SOLE 20000
VINTAGE PETROLEUM, INC. COM 927460105 1269.45 55800 SH SOLE 55800
VIRATA CORP. COM 927646109 1613.45 24400 SH SOLE 24400
VISHAY INTERTECHNOLOGY, INC. COM 928298108 470.47 15300 SH SOLE 15300
VITESSE SEMICONDUCTOR CORP. COM 928497106 1049.46 11800 SH SOLE 11800
VOICESTREAM WIRELESS CORP. COM 928615103 386.48 3330 SH SOLE 3330
WADDELL & REED FINANCIAL, INC. CL A 930059100 1512.80 48800 SH SOLE 48800
WAL-MART STORES INC. COM 931142103 23820.91 494980 SH SOLE 494980
WALGREEN CO. COM 931422109 10708.75 282270 SH SOLE 282270
WATERS CORP. COM 941848103 7556.10 84900 SH SOLE 84900
WATSON PHARMACEUTICALS, INC. COM 942683103 2085.08 32140 SH SOLE 32140
WEATHERFORD INTL INC COM 947074100 967.50 22500 SH SOLE 22500
WEBLINK WIRELESS, INC. CL A 94769A101 461.28 60000 SH SOLE 60000
WEBTRENDS CORP. COM 94844D104 370.01 9900 SH SOLE 9900
WELLPOINT HEALTH NETWORKS INC. COM 94973H108 825.60 8600 SH SOLE 8600
WELLS FARGO & CO. COM 949746101 16011.23 348540 SH SOLE 348540
WESTERN WIRELESS CORP. CL A 95988E204 604.20 16960 SH SOLE 16960
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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 2034.77 37900 SH SOLE 37900
WIND RIVER SYSTEMS, INC. COM 973149107 721.37 15048 SH SOLE 15048
WORLDCOM, INC. COM 98157D106 13709.75 451350 SH SOLE 451350
XILINX INC. COM 983919101 5022.76 58660 SH SOLE 58660
YAHOO! INC. COM 984332106 3782.87 41570 SH SOLE 41570
ZALE CORP. COM 988858106 361.03 11130 SH SOLE 11130
ZIONS BANCORP. COM 989701107 725.69 14190 SH SOLE 14190
ZORAN CORP. COM 98975F101 346.12 7100 SH SOLE 7100
ZOLL MEDICAL CORP. COM 989922109 994.50 20400 SH SOLE 20400
ACE LTD. ORD G0070K103 1031.88 26290 SH SOLE 26290
AMDOCS LTD. ORD G02602103 237.02 3800 SH SOLE 3800
GLOBAL CROSSING LTD. PFD CV 6.75 G3921A134 2783.20 11200 SH SOLE 11200
SANTA FE INT'L CORP. ORD G7805C108 1018.42 22600 SH SOLE 22600
TRANSOCEAN SEDCO FOREX INC. ORD G90078109 7825.73 133488 SH SOLE 133488
TYCOM, LTD. COM G9144B106 330.02 8600 SH SOLE 8600
CHECK POINT SOFTWARE TECH LTD. ORD M22465104 945.00 6000 SH SOLE 6000
M-SYSTEMS FLASH DISK PIONEERS ORD M7061C100 320.77 8400 SH SOLE 8400
ORBOTECH, LTD. ORD M75253100 1575.01 28800 SH SOLE 28800
COMPLETEL EUROPE N.V. ORD N21590109 1033.12 145000 SH SOLE 145000
CORE LABORATORIES N.V. COM N22717107 615.30 25050 SH SOLE 25050
FLEXTRONICS INT'L LTD. ORD Y2573F102 7403.48 90149 SH SOLE 90149
GRAND TOTAL $2070475
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