UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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: Capstone Asset Management Company
Address: 5847 San Felipe, Suite 4100
Houston, Texas 77057
Form 13F File Number: 28-2180
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: Linda G. Giuffre
Title: Vice President, Compliance
Phone: (713) 260-9000
Signature, Place, and Date of Signing:
/s/Linda G. Giuffre Houston, Texas August 13, 1999
[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).)
List of Other Managers Reporting for this Manager: NONE
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 1,016
Form 13F Information Table Value Total: $1,670,789 (thousands)
List of Other Included Managers: N/A
<PAGE>
<TABLE>
<C> <C>
FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER - VOTING AUTHORITY -
NAME OF ISSUER CLASS CUSIP # (X $1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE
********************** ******** ********* ********* ******* *** **** ******* ***** ****** ******* ****
3COM CORPORATION COMM 885535104 1,104 41,360 SH SOLE 4,273 37,087
AAR CORP. COMM 000361105 137 6,022 SH SOLE 6,022 0
ABBOTT LABORATORIES COMM 002824100 9,842 216,898 SH SOLE 40,256 176,642
ABM INDUSTRIES, INC COMM 000957100 148 4,820 SH SOLE 4,820 0
ABN AMRO HOLDING - ADR COMM 000937102 162 7,411 SH SOLE 7,411 0
ACXIOM CORP COMM 005125109 380 15,224 SH SOLE 15,224 0
ADAPTIVE BROADBAND CORP COMM 00650M104 94 4,310 SH SOLE 4,310 0
ADECCO SA - ADR COMM 006754105 193 2,876 SH SOLE 2,876 0
ADOBE SYSTEMS INC. COMM 00724F101 723 8,806 SH SOLE 720 8,086
ADOLPH COORS CO - CLASS COMM 217016104 336 6,788 SH SOLE 0 6,788
ADVANCED MICRO DEVICES COMM 007903107 281 15,561 SH SOLE 1,909 13,652
ADVO INC. COMM 007585102 91 4,405 SH SOLE 4,405 0
AES CORPORATION COMM 00130H105 1,146 19,715 SH SOLE 2,400 17,315
AETNA LIFE & CASUALTY COMM 008117103 1,658 18,538 SH SOLE 1,744 16,794
AFLAC INC COMM 001055102 801 16,740 SH SOLE 3,430 13,310
AIR EXPRESS INTL CORP COMM 009104100 304 11,980 SH SOLE 7,240 4,740
AIR PRODUCTS & CHEMICAL COMM 009158106 1,105 27,452 SH SOLE 2,868 24,584
AKZO NOBEL NV - ADR COMM 010199305 140 3,312 SH SOLE 3,312 0
ALBERTO-CULVER INC COMM 013068101 239 8,986 SH SOLE 910 8,076
ALBERTSONS INC. COMM 013104104 2,755 53,426 SH SOLE 7,092 46,334
ALCAN ALUMINUM LTD COMM 013716105 1,028 32,174 SH SOLE 4,107 28,067
ALCOA INC. COMM 013817101 3,286 53,112 SH SOLE 14,414 38,698
ALLEGHENY TELEDYNE INC COMM 017415100 416 18,388 SH SOLE 2,633 15,755
ALLEN TELECOM INC COMM 018091108 57 5,150 SH SOLE 5,150 0
ALLERGAN, INC. COMM 018490102 766 6,897 SH SOLE 810 6,087
ALLIANT TECHSYSTEMS COMM 018804104 198 2,293 SH SOLE 2,293 0
ALLIEDSIGNAL COMM 019512102 4,874 77,363 SH SOLE 15,922 61,441
ALLSTATE CORPORATION COMM 020002101 3,779 105,336 SH SOLE 10,166 95,170
ALLTEL CORP. COMM 020039103 2,149 30,052 SH SOLE 3,938 26,114
ALPHA INDUSTRIES INC COMM 020753109 176 3,690 SH SOLE 3,690 0
ALPHARMA INC COMM 020813101 305 8,568 SH SOLE 5,478 3,090
ALZA CORP CL A COMM 022615108 465 9,139 SH SOLE 1,140 7,999
AMCAST INDUSTRIAL COMM 023395106 56 3,420 SH SOLE 3,420 0
AMERADA HESS COMM 023551104 660 11,094 SH SOLE 1,098 9,996
AMEREN CORP COMM 023608102 132 3,433 SH SOLE 1,918 1,515
AMERICA ONLINE INC COMM 02364J104 14,349 130,448 SH SOLE 22,840 107,608
AMERICAN BANKERS INS GRP COMM 024456105 468 8,592 SH SOLE 8,592 0
AMERICAN ELECTRIC POWER COMM 025537101 819 21,802 SH SOLE 2,937 18,865
AMERICAN EXPRESS COMM 025816109 8,132 62,493 SH SOLE 12,486 50,007
AMERICAN FREIGHTWAY COMM 02629V108 115 5,860 SH SOLE 5,860 0
AMERICAN GENERAL CORP. COMM 026351106 2,068 27,434 SH SOLE 3,397 24,037
AMERICAN GREETINGS COMM 026375105 170 5,637 SH SOLE 1,490 4,147
AMERICAN HOME PRODUCTS COMM 026609107 8,428 146,894 SH SOLE 17,530 129,364
AMERICAN INT'L GROUP COMM 026874107 24,142 205,905 SH SOLE 27,395 178,510
AMERICAN MANAGEMENT SYS. COMM 027352103 265 8,258 SH SOLE 8,258 0
AMERICAN STATES WATER CO COMM 029899101 83 2,910 SH SOLE 2,910 0
AMERICREDIT CORP COMM 03060R101 213 13,330 SH SOLE 13,330 0
AMERITECH CORP COMM 030954101 11,091 150,899 SH SOLE 24,866 126,033
AMES DEPARTMENT STORES COMM 030789507 255 5,590 SH SOLE 5,590 0
AMGEN INC. COMM 031162100 3,989 65,530 SH SOLE 6,580 58,950
AMR CORP. COMM 001765106 1,597 23,402 SH SOLE 2,454 20,948
AMRESCO INC COMM 031909104 57 8,820 SH SOLE 8,820 0
AMSOUTH BANCORPORATION COMM 032165102 114 4,910 SH SOLE 1,750 3,160
ANADARKO PETROLEUM COMM 032511107 605 16,443 SH SOLE 950 15,493
ANALOGIC CORP COMM 032657207 106 3,420 SH SOLE 3,420 0
ANALYSTS INTERNATIONAL COMM 032681108 62 4,285 SH SOLE 4,285 0
ANCHOR BANCORP WISCONSIN COMM 032839102 58 3,230 SH SOLE 3,230 0
ANDREW CORP COMM 034425108 177 9,331 SH SOLE 412 8,919
ANGELICA CORP COMM 034663104 59 3,320 SH SOLE 3,320 0
ANHEUSER BUSCH COMM 035229103 4,177 58,878 SH SOLE 6,890 51,988
ANIXTER INTL INC COMM 035290105 144 7,876 SH SOLE 7,876 0
ANNTAYLOR STORES CORP COMM 036115103 371 8,250 SH SOLE 5,660 2,590
AON CORP. COMM 037389103 1,127 27,310 SH SOLE 3,304 24,006
APACHE CORP COMM 037411105 106 2,727 SH SOLE 840 1,887
APOGEE ENTERPRISES INC COMM 037598109 76 5,680 SH SOLE 5,680 0
APPLE COMPUTER COMM 037833100 846 18,265 SH SOLE 1,839 16,426
APPLEBEES INTL INC COMM 037899101 123 4,090 SH SOLE 0 4,090
APPLIED INDUSTRIAL TECH COMM 03820C105 89 4,710 SH SOLE 4,710 0
APPLIED MATERIALS INC. COMM 038222105 3,414 46,219 SH SOLE 4,670 41,549
APPLIED POWER INC COMM 038225108 225 8,254 SH SOLE 8,254 0
APTARGROUP INC COMM 038336103 361 12,048 SH SOLE 7,308 4,740
AQUARION CO COMM 03838W101 133 3,810 SH SOLE 3,810 0
ARCHER-DANIELS-MIDLAND COMM 039483102 1,293 83,739 SH SOLE 14,497 69,242
ARMSTRONG WORLD INDS. COMM 042476101 288 4,975 SH SOLE 460 4,515
ASARCO COMM 043413103 112 5,978 SH SOLE 1,630 4,348
ASHLAND INC COMM 044204105 287 7,152 SH SOLE 345 6,807
ASPECT TELECOMMUNICATION COMM 045237104 87 8,894 SH SOLE 8,894 0
ASPEN TECHNOLOGY INC COMM 045327103 44 3,750 SH SOLE 3,750 0
ASSOCIATES FIRST CAPITAL COMM 046008108 4,271 96,804 SH SOLE 9,702 87,102
ASTEC INDUSTRIES COMM 046224101 153 3,760 SH SOLE 3,760 0
AT&T COMM 001957109 26,868 481,404 SH SOLE 67,250 414,154
ATLANTIC RICHFIELD COMM 048825103 4,570 54,690 SH SOLE 15,642 39,048
ATMOS ENERGY CORP COMM 049560105 240 9,596 SH SOLE 5,486 4,110
AUSPEX SYS INC COMM 052116100 54 4,990 SH SOLE 4,990 0
AUTHENTIC FITNESS CORP COMM 052661105 87 4,943 SH SOLE 4,943 0
AUTODESK INC COMM 052769106 213 7,217 SH SOLE 500 6,717
AUTOMATIC DATA PROCESS. COMM 053015103 3,125 71,014 SH SOLE 9,180 61,834
AUTOZONE INC. COMM 053332102 422 14,007 SH SOLE 1,887 12,120
AVERY-DENNISON CORP. COMM 053611109 848 14,050 SH SOLE 1,331 12,719
AVIATION SALES COMPANY COMM 053672101 216 5,480 SH SOLE 2,970 2,510
AVID TECHNOLOGY INC COMM 05367P100 89 5,540 SH SOLE 5,540 0
AVON PRODUCTS COMM 054303102 1,880 33,872 SH SOLE 3,888 29,984
BAKER HUGHES INC. COMM 057224107 1,255 37,452 SH SOLE 3,540 33,912
BALDOR ELECTRIC COMM 057741100 130 6,540 SH SOLE 6,540 0
BALL CORP COMM 058498106 144 3,397 SH SOLE 290 3,107
BALLARD MEDICAL PRODUCTS COMM 058566100 137 5,863 SH SOLE 5,863 0
BANCTEC INC COMM 059784108 86 4,774 SH SOLE 4,774 0
BANK OF AMERICA CORP COMM 060505104 20,523 279,936 SH SOLE 33,408 246,528
BANK OF NEW YORK COMM 064057102 3,398 92,624 SH SOLE 10,478 82,146
BANK ONE CORP. COMM 06423A103 12,833 215,455 SH SOLE 30,508 184,947
BANKBOSTON CORP COMM 06605R106 1,947 38,081 SH SOLE 3,698 34,383
BANKNORTH GROUP INC. COMM 06646L100 325 9,840 SH SOLE 5,520 4,320
BARNES GROUP COMM 067806109 95 4,380 SH SOLE 4,380 0
BARR LABORATORIES INC COMM 068306109 200 5,010 SH SOLE 5,010 0
BARRETT RES CORP COMM 068480201 454 11,829 SH SOLE 7,449 4,380
BARRICK GOLD CORP COMM 067901108 870 44,918 SH SOLE 4,301 40,617
BASSETT FURNITURE IND COMM 070203104 84 3,668 SH SOLE 3,668 0
BATTLE MOUNTAIN GOLD CO COMM 071593107 35 14,208 SH SOLE 4,580 9,628
BAUSCH & LOMB INC. COMM 071707103 460 6,012 SH SOLE 835 5,177
BAXTER INTL INC. COMM 071813109 2,145 35,385 SH SOLE 4,713 30,672
BB & T CORPORATION COMM 054937107 1,788 48,728 SH SOLE 27,030 21,698
BE AEROSPACE INC COMM 073302101 102 5,480 SH SOLE 5,480 0
BEAR STEARN COS. INC COMM 073902108 568 12,148 SH SOLE 988 11,160
BECTON DICKINSON & CO. COMM 075887109 990 32,997 SH SOLE 3,960 29,037
BELDEN INC COMM 077459105 230 9,590 SH SOLE 5,520 4,070
BELL ATLANTIC COMM 077853109 13,747 210,278 SH SOLE 37,516 172,762
BELLSOUTH CORP. COMM 079860102 12,392 268,656 SH SOLE 44,806 223,850
BEMIS COMPANY COMM 081437105 313 7,863 SH SOLE 115 7,748
BENCHMARK ELECTRONICS COMM 08160H101 102 2,850 SH SOLE 2,850 0
BEST BUY COMPANY COMM 086516101 173 2,570 SH SOLE 2,570 0
BEST FOODS COMM 08658U101 1,882 38,019 SH SOLE 6,448 31,571
BETHLEHEM STEEL CORP. COMM 087509105 108 14,040 SH SOLE 2,390 11,650
BILLING CONCEPTS CORP COMM 090063108 81 7,230 SH SOLE 7,230 0
BINDLEY WESTERN INDS COMM 090324104 135 5,866 SH SOLE 5,866 0
BIO TECHNOLOGY GEN CORP COMM 090578105 52 7,950 SH SOLE 7,950 0
BIOMATRIX INC COMM 09060P102 107 4,940 SH SOLE 4,940 0
BIOMET INC COMM 090613100 763 19,188 SH SOLE 1,660 17,528
BISYS GROUP INC COMM 055472104 319 5,451 SH SOLE 5,451 0
BLACK & DECKER COMM 091797100 771 12,206 SH SOLE 1,121 11,085
BLOUNT INTL INC COMM 095177101 207 7,630 SH SOLE 7,630 0
BMC INDUSTRIES INC MINN COMM 055607105 50 4,810 SH SOLE 4,810 0
BMC SOFTWARE COMM 055921100 1,227 22,720 SH SOLE 2,860 19,860
BOEING COMPANY COMM 097023105 5,991 136,166 SH SOLE 25,359 110,807
BOISE CASCADE CORP. COMM 097383103 227 5,291 SH SOLE 485 4,806
BOSTON SCIENTIFIC CORP. COMM 101137107 2,080 47,344 SH SOLE 5,262 42,082
BOWNE & CO. INC. COMM 103043105 99 7,404 SH SOLE 7,404 0
BP AMOCO PLC - SPONS ADR COMM 055622104 4,008 36,939 SH SOLE 0 36,939
BRADY (WH) CO COMM 104674106 307 9,440 SH SOLE 5,180 4,260
BRIGGS & STRATTON COMM 109043109 14 250 SH SOLE 0 250
BRIGHTPOINT INC COMM 109473108 62 10,210 SH SOLE 10,210 0
BRISTOL MYERS SQUIBB COMM 110122108 18,287 259,619 SH SOLE 44,278 215,341
BROWN SHOE COMPANY INC COMM 115736100 104 4,799 SH SOLE 4,799 0
BROWN-FORMAN CORP CL-B COMM 115637209 368 5,641 SH SOLE 0 5,641
BROWNING FERRIS IND. COMM 115885105 1,029 23,920 SH SOLE 2,288 21,632
BRUNSWICK CORP. COMM 117043109 409 14,656 SH SOLE 1,744 12,912
BRUSH WELLMAN INC COMM 117421107 82 4,550 SH SOLE 4,550 0
BUCKEYE CELLULOSE CORP COMM 118255108 102 6,720 SH SOLE 6,720 0
BURLINGTON NORTHERN INC COMM 12189T104 2,452 79,108 SH SOLE 23,304 55,804
BURLINGTON RESOURCES COMM 122014103 937 21,657 SH SOLE 1,737 19,920
BURR-BROWN CORP COMM 122574106 279 7,605 SH SOLE 7,605 0
BUTLER MFG CO DEL COMM 123655102 85 3,045 SH SOLE 3,045 0
C & D TECHNOLOGIES INC COMM 124661109 80 2,610 SH SOLE 2,610 0
C D I CORP COMM 125071100 151 4,439 SH SOLE 4,439 0
C R BARD INC COMM 067383109 386 8,066 SH SOLE 630 7,436
CABLE DESIGN TECHNOLOGIE COMM 126924109 95 6,150 SH SOLE 6,150 0
CABLETRON SYSTEMS COMM 126920107 245 18,868 SH SOLE 2,130 16,738
CABOT OIL & GAS CORP COMM 127097103 125 6,721 SH SOLE 6,721 0
CAMBREX CORP COMM 132011107 158 6,004 SH SOLE 6,004 0
CAMPBELL SOUP INC. COMM 134429109 2,855 61,567 SH SOLE 8,514 53,053
CANANDAIGUA BRANDS-CL A COMM 137219200 100 1,910 SH SOLE 0 1,910
CAPITAL ONE FINANCIAL COMM 14040H105 1,949 35,006 SH SOLE 2,290 32,716
CAPITAL RE CORP COMM 140432105 101 6,260 SH SOLE 6,260 0
CARAUSTAR INDS INC COMM 140909102 142 5,735 SH SOLE 5,735 0
CARDINAL HEALTH INC COMM 14149Y108 1,763 27,493 SH SOLE 3,480 24,013
CARNIVAL CORP CL A COMM 143658102 2,387 49,215 SH SOLE 0 49,215
CAROLINA FIRST CORP COMM 143877108 118 4,840 SH SOLE 4,840 0
CAROLINA POWER & LIGHT COMM 144141108 605 14,130 SH SOLE 2,074 12,056
CASE CORPORATION COMM 14743R103 398 8,278 SH SOLE 808 7,470
CASEYS GENERAL STORES IN COMM 147528103 133 8,842 SH SOLE 8,842 0
CASH AMERICA INTL COMM 14754D100 59 4,610 SH SOLE 4,610 0
CASTLE AM AND CO COMM 148411101 60 3,507 SH SOLE 3,507 0
CATALINA MARKETING CORP. COMM 148867104 350 3,805 SH SOLE 3,805 0
CATERPILLAR INC. COMM 149123101 2,926 48,763 SH SOLE 4,632 44,131
CATO CORP - CL A COMM 149205106 66 5,660 SH SOLE 5,660 0
CBS CORP COMM 12490K107 3,295 75,636 SH SOLE 15,076 60,560
C-COR ELECTRONICS COMM 125010108 66 2,370 SH SOLE 2,370 0
C-CUBE MICROSYSTEMS INC COMM 125015107 252 7,940 SH SOLE 7,940 0
CEC ENTERTAINMENT COMM 125137109 198 4,695 SH SOLE 4,695 0
CENDANT CORP COMM 151313103 1,817 88,662 SH SOLE 10,146 78,516
CENTEX CORP COMM 152312104 182 4,833 SH SOLE 250 4,583
CENTRAL & SOUTHWEST CORP COMM 152357109 589 25,192 SH SOLE 3,086 22,106
CENTRAL HUDSON GAS & ELE COMM 153609102 136 3,230 SH SOLE 3,230 0
CENTRAL PARKING CORP COMM 154785109 214 6,255 SH SOLE 6,255 0
CENTURA BANKS INC COMM 15640T100 369 6,546 SH SOLE 6,546 0
CENTURYTEL INC COMM 156700106 415 10,450 SH SOLE 1,620 8,830
CEPHALON INC COMM 156708109 110 6,330 SH SOLE 6,330 0
CERIDIAN CORP COMM 15677T106 656 20,078 SH SOLE 1,930 18,148
CERNER CORP COMM 156782104 148 7,080 SH SOLE 7,080 0
CHAMPION ENTERPRISES COMM 158496109 285 15,295 SH SOLE 9,615 5,680
CHAMPION INT'L CORP. COMM 158525105 547 11,422 SH SOLE 1,222 10,200
CHASE MANHATTAN BANK COMM 16161A108 14,407 166,552 SH SOLE 21,672 144,880
CHECKPOINT SYSTEMS COMM 162825103 49 5,510 SH SOLE 5,510 0
CHEESECAKE FACTORY INC COMM 163072101 159 5,205 SH SOLE 5,205 0
CHEMED CORP COMM 163596109 339 10,205 SH SOLE 5,115 5,090
CHEMFIRST INC COMM 16361A106 129 5,317 SH SOLE 5,317 0
CHEVRON OIL COMM 166751107 8,089 85,093 SH SOLE 14,107 70,986
CHIQUITA BRANDS INTL INC COMM 170032106 102 11,380 SH SOLE 11,380 0
CHUBB CORP COMM 171232101 1,449 20,851 SH SOLE 1,790 19,061
CIBER INC COMM 17163B102 205 10,700 SH SOLE 10,700 0
CIGNA CORP. COMM 125509109 2,640 29,666 SH SOLE 2,498 27,168
CILCORP INC. COMM 171794100 308 4,920 SH SOLE 2,890 2,030
CINCINNATI FINANCIAL COMM 172062101 850 22,638 SH SOLE 2,200 20,438
CINERGY CORP COMM 172474108 518 16,187 SH SOLE 1,904 14,283
CIRCUIT CITY STORES INC. COMM 172737108 1,267 13,620 SH SOLE 1,265 12,355
CISCO SYSTEMS, INC. COMM 17275R102 30,614 475,100 SH SOLE 67,138 407,962
CITIGROUP INC COMM 172967101 25,170 529,886 SH SOLE 78,286 451,600
CKE RESTAURANTS INC COMM 12561E105 188 11,540 SH SOLE 11,540 0
CLARCOR INC COMM 179895107 224 11,690 SH SOLE 5,220 6,470
CLAYTON HOMES INC. COMM 184190106 0 23 SH SOLE 0 23
CLEAR CHANNEL COMM COMM 184502102 2,683 38,919 SH SOLE 7,040 31,879
CLOROX CO COMM 189054109 1,482 13,875 SH SOLE 1,826 12,049
CMS ENERGY COMM 125896100 80 1,910 SH SOLE 1,200 710
COACHMEN INDUSTRIES INC COMM 189873102 85 3,650 SH SOLE 3,650 0
COASTAL CORP COMM 190441105 1,784 44,331 SH SOLE 19,230 25,101
COCA COLA COMM 191216100 16,403 264,557 SH SOLE 0 264,557
COCA-COLA ENTERPRISES COMM 191219104 1,008 33,880 SH SOLE 0 33,880
COGNEX CORP COMM 192422103 267 8,447 SH SOLE 8,447 0
COHERENT INC COMM 192479103 104 5,570 SH SOLE 5,570 0
COLGATE-PALMOLIVE CO. COMM 194162103 4,083 41,456 SH SOLE 9,854 31,602
COLUMBIA ENERGY GROUP COMM 197648108 1,383 22,054 SH SOLE 12,238 9,816
COLUMBIA/HCA HEALTHCARE COMM 197677107 1,767 77,467 SH SOLE 8,612 68,855
COMCAST CORP SPECIAL CL COMM 200300200 2,851 74,172 SH SOLE 0 74,172
COMERICA INC. COMM 200340107 1,200 20,192 SH SOLE 1,808 18,384
COMMERCE BANCORP INC COMM 200519106 254 5,948 SH SOLE 5,948 0
COMMERCIAL FEDERAL CORP COMM 201647104 464 20,000 SH SOLE 12,370 7,630
COMMERCIAL METALS CO COMM 201723103 262 9,195 SH SOLE 4,455 4,740
COMMONWEALTH ENERGY COMM 202800108 205 4,872 SH SOLE 4,872 0
COMMONWEALTH INDUSTRIES COMM 203004106 54 4,320 SH SOLE 4,320 0
COMMSCOPE INC COMM 203372107 284 9,220 SH SOLE 9,220 0
COMMUNITY FIRST BANCSHAR COMM 203902101 81 3,380 SH SOLE 3,380 0
COMPAQ COMPUTER COMM 204493100 5,017 211,798 SH SOLE 21,430 190,368
COMPUTER ASSOCIATES COMM 204912109 3,744 68,381 SH SOLE 6,895 61,486
COMPUTER SCIENCES CORP. COMM 205363104 1,618 23,388 SH SOLE 2,148 21,240
COMPUTER TASK GROUP COMM 205477102 77 4,540 SH SOLE 4,540 0
COMPUWARE CORP COMM 205638109 1,358 42,680 SH SOLE 4,540 38,140
CONAGRA INC COMM 205887102 2,454 92,180 SH SOLE 0 92,180
CONECTIV INC COMM 206829103 15 600 SH SOLE 0 600
CONNECTICUT ENERGY COMM 207567108 100 2,590 SH SOLE 2,590 0
CONSECO COMPANY INC. COMM 208464107 992 32,593 SH SOLE 3,316 29,277
CONSOLIDATED EDISON COMM 209115104 1,355 29,944 SH SOLE 3,449 26,495
CONSOLIDATED GRAPHICS IN COMM 209341106 163 3,250 SH SOLE 3,250 0
CONSOLIDATED NAT'L GAS COMM 209615103 587 9,670 SH SOLE 1,171 8,499
CONSOLIDATED STORES CORP COMM 210149100 253 9,370 SH SOLE 1,330 8,040
CONSTELLATION ENERGY GRP COMM 210371100 717 24,212 SH SOLE 2,009 22,203
COOPER COMPANIES CO COMM 216648402 84 3,370 SH SOLE 3,370 0
COOPER INDUSTRIES COMM 216669101 681 13,100 SH SOLE 614 12,486
COOPER TIRE & RUBBER CO. COMM 216831107 253 10,712 SH SOLE 330 10,382
COR THERAPEUTICS COMM 217753102 74 5,050 SH SOLE 5,050 0
CORN PRODUCTS INTL COMM 219023108 419 13,770 SH SOLE 8,690 5,080
CORNING INC. COMM 219350105 1,931 27,535 SH SOLE 3,143 24,392
COSTCO COMPANIES INC COMM 22160Q102 1,975 24,659 SH SOLE 2,770 21,889
COUNTRYWIDE CREDIT INDS COMM 222372104 367 8,583 SH SOLE 1,030 7,553
COVENTRY HEALTH CARE INC COMM 222862104 129 11,775 SH SOLE 11,775 0
CPI CORPORATION COMM 125902106 101 3,060 SH SOLE 3,060 0
CRANE CORP COMM 224399105 327 10,397 SH SOLE 260 10,137
CREDIT SUISSE GROUP-ADR COMM 225401108 321 7,475 SH SOLE 7,475 0
CROSS TIMBERS OIL CO COMM 227573102 117 7,897 SH SOLE 7,897 0
CROWN CORK & SEAL COMM 228255105 424 14,864 SH SOLE 1,796 13,068
CSX CORP COMM 126408103 1,152 25,385 SH SOLE 2,475 22,910
CTS CORP COMM 126501105 342 4,890 SH SOLE 2,790 2,100
CULLEN FROST BANKERS INC COMM 229899109 343 12,462 SH SOLE 12,462 0
CUMMINS ENGINE CO. COMM 231021106 223 3,905 SH SOLE 300 3,605
CUSTOMTRACKS CORP COMM 232046102 178 3,180 SH SOLE 3,180 0
CVS CORP COMM 126650100 2,107 41,519 SH SOLE 5,444 36,075
CYGNUS INC COMM 232560102 58 4,430 SH SOLE 4,430 0
CYPRUS AMAX MINERALS COMM 232809103 186 12,228 SH SOLE 2,540 9,688
D.R. HORTON INC. COMM 23331A109 322 19,377 SH SOLE 12,077 7,300
DAIN RAUSCHER CORP COMM 233856103 186 3,438 SH SOLE 3,438 0
DALLAS SEMICONDUCTORS COMM 235204104 500 9,849 SH SOLE 6,069 3,780
DANA CORP. COMM 235811106 875 19,003 SH SOLE 2,005 16,998
DANAHER CORP COMM 235851102 795 13,680 SH SOLE 1,660 12,020
DARDEN RESTAURANTS INC COMM 237194105 335 15,357 SH SOLE 0 15,357
DATA GENERAL CORP COMM 237688106 39 2,687 SH SOLE 730 1,957
DATASCOPE CORP COMM 238113104 120 3,740 SH SOLE 3,740 0
DAYTON HUDSON CORP COMM 239753106 3,973 61,123 SH SOLE 14,724 46,399
DBT ONLINE INC COMM 233044106 132 4,020 SH SOLE 4,020 0
DEERE AND CO. COMM 244199105 1,203 30,690 SH SOLE 3,028 27,662
DELL COMPUTER COMM 247025109 12,246 330,972 SH SOLE 53,562 277,410
DELPHI AUTOMOTIVE SYSTEM COMM 247126105 1,496 80,848 SH SOLE 7,785 73,063
DELPHI FINANCIAL GROUP COMM 247131105 170 4,836 SH SOLE 4,836 0
DELTA & PINE LD CO COMM 247357106 257 8,146 SH SOLE 8,146 0
DELTA AIR LINES COMM 247361108 2,640 45,808 SH SOLE 2,160 43,648
DELUXE CORP. COMM 248019101 527 13,568 SH SOLE 2,617 10,951
DENDRITE INTERNATIONAL COMM 248239105 169 4,690 SH SOLE 4,690 0
DEPARTMENT 56 INC COMM 249509100 78 2,890 SH SOLE 2,890 0
DEVON ENERGY CORP COMM 251799102 283 7,908 SH SOLE 7,908 0
DEVRY INC DEL COMM 251893103 297 13,268 SH SOLE 13,268 0
DIAGNOSTIC PRODUCTS CORP COMM 252450101 97 3,520 SH SOLE 3,520 0
DIALOGIC CORP COMM 252499108 162 3,690 SH SOLE 3,690 0
DIGITAL MICROWAVE CORP COMM 253859102 236 18,520 SH SOLE 12,440 6,080
DILLARD'S INC COMM 254067101 418 11,894 SH SOLE 1,090 10,804
DIONEX CORP COMM 254546104 191 4,718 SH SOLE 4,718 0
DISCOUNT AUTO PARTS COMM 254642101 99 4,101 SH SOLE 4,101 0
DISNEY (WALT) COMPANY COMM 254687106 6,061 196,708 SH SOLE 0 196,708
DOLLAR GENERAL CORP COMM 256669102 526 18,135 SH SOLE 2,897 15,238
DOMINION RES INC - VA COMM 257470104 875 20,211 SH SOLE 2,094 18,117
DOVER CORP COMM 260003108 874 24,984 SH SOLE 2,660 22,324
DOW CHEMICAL COMM 260543103 3,028 23,865 SH SOLE 3,011 20,854
DOW JONES AND CO. COMM 260561105 685 12,910 SH SOLE 2,225 10,685
DOWNEY FINANCIAL CORP COMM 261018105 283 12,906 SH SOLE 5,706 7,200
DRESS BARN INC. COMM 261570105 90 5,596 SH SOLE 5,596 0
DSP COMMUNICATIONS COMM 23332K106 224 7,750 SH SOLE 7,750 0
DTE ENERGY COMPANY COMM 233331107 783 19,210 SH SOLE 1,919 17,291
DUKE ENERGY CO COMM 264399106 3,179 58,391 SH SOLE 18,043 40,348
DUN & BRADSTREET COMM 26483B106 769 21,688 SH SOLE 2,606 19,082
DUPONT (E.I.) DE NEMOURS COMM 263534109 9,919 145,201 SH SOLE 24,304 120,897
DURA PHARMACEUTICALS INC COMM 26632S109 105 8,810 SH SOLE 8,810 0
DYCOM INDUSTRIES COMM 267475101 252 4,500 SH SOLE 4,500 0
EARTHGRAINS CO COMM 270319106 336 13,034 SH SOLE 8,264 4,770
EASTERN UTILITIES ASSOC COMM 277173100 114 3,928 SH SOLE 3,928 0
EASTMAN CHEMICAL COMPANY COMM 277432100 485 9,365 SH SOLE 860 8,505
EASTMAN KODAK COMM 277461109 2,914 43,014 SH SOLE 5,094 37,920
EATON CORP. COMM 278058102 838 9,111 SH SOLE 740 8,371
EATON VANCE CORP COMM 278265103 274 7,956 SH SOLE 7,956 0
ECOLAB INC COMM 278865100 453 10,383 SH SOLE 1,416 8,967
EDISON INTERNATIONAL COMM 281020107 1,408 52,635 SH SOLE 5,376 47,259
EG & G INC COMM 268457108 307 8,628 SH SOLE 0 8,628
EG&G INC UNISSUED WARRAN COMM 268457910 0 3,300 SH SOLE 0 3,300
ELCOR CORP COMM 284443108 79 1,800 SH SOLE 1,800 0
ELECTRIC SCIENTIFIC INDS COMM 285229100 119 2,850 SH SOLE 2,850 0
ELECTROGLAS INC COMM 285324109 86 4,320 SH SOLE 4,320 0
ELECTRONIC DATA SYSTEMS COMM 285661104 2,901 51,225 SH SOLE 7,140 44,085
ELSEVIER NV - ADR COMM 290259100 91 3,844 SH SOLE 3,844 0
EMC CORP-MASS COMM 268648102 11,390 207,083 SH SOLE 23,016 184,067
EMERSON ELECTRIC COMM 291011104 6,689 106,280 SH SOLE 17,036 89,244
ENERGEN CORP COMM 29265N108 184 9,860 SH SOLE 4,780 5,080
ENGELHARD CORP COMM 292845104 388 17,169 SH SOLE 984 16,185
ENHANCE FINANCIAL SVCS COMM 293310108 135 6,858 SH SOLE 6,858 0
ENRON CORP COMM 293561106 3,729 45,613 SH SOLE 11,966 33,647
ENTERGY CORP. COMM 29364G103 974 31,157 SH SOLE 3,335 27,822
ENZO BIOCHEM INC COMM 294100102 55 5,426 SH SOLE 5,426 0
EPICOR SOFTWARE CORP COMM 29426L108 55 7,400 SH SOLE 7,400 0
EQUIFAX INC COMM 294429105 295 8,271 SH SOLE 1,930 6,341
ESTERLINE TECHNOLOGIES COMM 297425100 53 3,660 SH SOLE 3,660 0
ETEC SYSTEMS INC COMM 26922C103 154 4,631 SH SOLE 4,631 0
ETHAN ALLEN INTERIORS COMM 297602104 339 8,976 SH SOLE 8,976 0
EXECUTIVE RISK INC COMM 301586103 202 2,370 SH SOLE 2,370 0
EXPEDITORS INTERNATIONAL COMM 302130109 289 10,612 SH SOLE 10,612 0
EXPRESS SCRIPTS INC COMM 302182100 442 7,342 SH SOLE 7,342 0
EXXON CORP COMM 302290101 26,612 345,045 SH SOLE 30,778 314,267
FACTSET RESEARCH SYS INC COMM 303075105 178 3,140 SH SOLE 3,140 0
FAIR ISAAC & CO COMM 303250104 109 3,109 SH SOLE 3,109 0
FAMILY GOLF CENTERS INC COMM 30701A106 41 5,380 SH SOLE 5,380 0
FANNIE MAE COMM 313586109 11,855 173,697 SH SOLE 25,091 148,606
FDX CORP COMM 31304N107 1,936 35,694 SH SOLE 3,726 31,968
FEDERAL HOME MTG. CORP COMM 313400301 5,538 95,480 SH SOLE 19,798 75,682
FEDERAL SIGNAL COMM 313855108 7 315 SH SOLE 0 315
FEDERATED DEPT STORES COMM 31410H101 1,232 23,279 SH SOLE 2,427 20,852
FIDELITY NATL FINANCIAL COMM 316326107 118 5,908 SH SOLE 5,908 0
FIFTH THIRD BANCORP COMM 316773100 1,995 29,967 SH SOLE 3,808 26,159
FILENET CORP COMM 316869106 64 5,572 SH SOLE 5,572 0
FIRST AMERICAN FINANCIAL COMM 318522307 198 11,058 SH SOLE 11,058 0
FIRST DATA CORP COMM 319963104 3,440 70,302 SH SOLE 21,231 49,071
FIRST MERIT CORP COMM 337915102 468 16,672 SH SOLE 16,672 0
FIRST MIDWEST BANCORP IN COMM 320867104 270 6,790 SH SOLE 6,790 0
FIRST UNION CORP COMM 337358105 5,918 125,590 SH SOLE 24,434 101,156
FIRSTAR CORP COMM 33763V109 2,322 82,930 SH SOLE 8,420 74,510
FIRSTBANK PUERTO RICO COMM 318672102 109 4,820 SH SOLE 4,820 0
FIRSTENERGY CORP COMM 337932107 826 26,630 SH SOLE 3,145 23,485
FLEET FINANCIAL GROUP COMM 338915101 3,391 76,409 SH SOLE 21,872 54,537
FLEETWOOD ENTERPRISES COMM 339099103 53 2,018 SH SOLE 0 2,018
FLEMING COMPANIES INC. COMM 339130106 78 6,680 SH SOLE 6,680 0
FLORIDA PROGRESS CORP COMM 341109106 40 980 SH SOLE 980 0
FLORIDA ROCK INDS COMM 341140101 188 4,140 SH SOLE 4,140 0
FLUOR CORP. COMM 343861100 399 9,861 SH SOLE 850 9,011
FMC CORP COMM 302491303 862 12,623 SH SOLE 8,520 4,103
FOOTSTAR INC COMM 344912100 313 8,430 SH SOLE 5,720 2,710
FORD MOTOR CO. COMM 345370100 11,594 205,427 SH SOLE 29,788 175,639
FORT JAMES CORPORATION COMM 347471104 716 18,880 SH SOLE 2,602 16,278
FORTUNE BRANDS INC. COMM 349631101 745 17,994 SH SOLE 0 17,994
FOSTER WHEELER COMM 350244109 65 4,648 SH SOLE 0 4,648
FPL GROUP COMM 302571104 1,292 23,658 SH SOLE 2,329 21,329
FRANKLIN COVEY CO COMM 353469109 34 4,544 SH SOLE 4,544 0
FRANKLIN RESOURCES INC COMM 354613101 1,015 24,994 SH SOLE 3,090 21,904
FREEPORT-MCMORAN COPPER COMM 35671D857 461 25,684 SH SOLE 1,590 24,094
FREMONT GEN CORP COMM 357288109 401 21,262 SH SOLE 12,552 8,710
FRESENIUS MED HLDGS - PF COMM 358030203 0 8,542 SH SOLE 0 8,542
FRITZ CO COMM 358846103 69 6,403 SH SOLE 6,403 0
FRONTIER CORP COMM 35906P105 1,045 17,828 SH SOLE 2,153 15,675
FRONTIER INSURANCE GROUP COMM 359081106 109 7,075 SH SOLE 7,075 0
FRUIT OF THE LOOM COMM G3682L100 67 6,843 SH SOLE 0 6,843
G & K SERVICES INC COMM 361268105 247 4,717 SH SOLE 4,717 0
GALLAGHER ARTHUR J & C COMM 363576109 179 3,622 SH SOLE 3,622 0
GANNETT CO. INC. DEL COMM 364730101 3,570 50,015 SH SOLE 17,964 32,051
GAP, INC. COMM 364760108 5,946 118,036 SH SOLE 24,032 94,004
GARDNER DENVER INC COMM 365558105 61 3,760 SH SOLE 3,760 0
GATEWAY 2000 INC COMM 367626108 1,046 17,712 SH SOLE 1,830 15,882
GENERAL DYNAMICS CORP. COMM 369550108 1,021 14,826 SH SOLE 1,300 13,526
GENERAL ELECTRIC CO. COMM 369604103 53,855 476,593 SH SOLE 66,596 409,997
GENERAL INSTRUMENT CORP COMM 370120107 707 16,624 SH SOLE 1,959 14,665
GENERAL MILLS INC. COMM 370334104 2,233 27,783 SH SOLE 11,094 16,689
GENERAL MOTORS COMM 370442105 8,111 122,889 SH SOLE 11,444 111,445
GENERAL MOTORS CLASS H COMM 370442832 1,689 30,000 SH SOLE 30,000 0
GENERAL SEMICONDUCTORS COMM 370787103 49 5,410 SH SOLE 5,410 0
GENTEX CORP. COMM 371901109 403 14,380 SH SOLE 14,380 0
GENUINE PARTS CO. COMM 372460105 770 22,006 SH SOLE 2,180 19,826
GEON CO COMM 37246W105 291 9,035 SH SOLE 5,585 3,450
GEORGIA-PAC GROUP COMM 373298108 1,118 23,592 SH SOLE 1,966 21,626
GERBER SCIENTIFIC INC COMM 373730100 103 4,671 SH SOLE 4,671 0
GILLETTE CO. COMM 375766102 5,569 135,823 SH SOLE 15,708 120,115
GLOBAL INDL TECHNOLOGIES COMM 379335102 57 4,760 SH SOLE 4,760 0
GOLDEN WEST FINANCIAL COMM 381317106 683 6,970 SH SOLE 820 6,150
GOODRICH BF COMM 382388106 196 4,611 SH SOLE 161 4,450
GOODYEAR TIRE & RUBBER COMM 382550101 1,134 19,290 SH SOLE 1,950 17,340
GOODYS FAMILY CLOTHING COMM 382588101 81 7,110 SH SOLE 7,110 0
GPU INC. COMM 36225X100 346 8,200 SH SOLE 1,235 6,965
GRACE (W.R.) COMM 38388F108 186 9,805 SH SOLE 444 9,361
GRACO INC COMM 384109104 131 4,460 SH SOLE 4,460 0
GRAINGER WW COMM 384802104 903 16,787 SH SOLE 590 16,197
GREAT ATLANTIC & PAC TEA COMM 390064103 123 3,652 SH SOLE 910 2,742
GREAT LAKES CHEMICAL COR COMM 390568103 304 6,603 SH SOLE 200 6,403
GTE CORP. COMM 362320103 10,146 134,378 SH SOLE 23,556 110,822
GUIDANT CORP. COMM 401698105 2,009 39,288 SH SOLE 4,276 35,012
GUILFORD MLS INC COMM 401794102 57 5,537 SH SOLE 5,537 0
GYMBOREE CORP COMM 403777105 53 5,030 SH SOLE 5,030 0
H.J. HEINZ CO. COMM 423074103 2,409 48,059 SH SOLE 8,297 39,762
H.R. BLOCK COMM 093671105 585 11,691 SH SOLE 1,060 10,631
HADCO CORP COMM 404681108 130 3,260 SH SOLE 3,260 0
HALLIBURTON CO. COMM 406216101 2,426 53,612 SH SOLE 5,078 48,534
HA-LO INDUSTRIES COMM 404429102 85 8,570 SH SOLE 8,570 0
HAMBRECHT & QUIST COMM 406545103 269 7,290 SH SOLE 4,440 2,850
HANGER ORTHOPEDIC GROUP COMM 41043F208 42 2,980 SH SOLE 2,980 0
HARBINGER CORP COMM 41145C103 102 8,180 SH SOLE 8,180 0
HARCOURT GENERAL, INC. COMM 41163G101 598 11,606 SH SOLE 1,544 10,062
HARMAN INTL INDUSTRIES I COMM 413086109 195 4,430 SH SOLE 4,430 0
HARMON INDUSTRIES COMM 413136102 49 2,490 SH SOLE 2,490 0
HARNISCHFEGER INDS COMM 413345109 13 6,260 SH SOLE 0 6,260
HARRA'S ENTERTAINMENT COMM 413619107 193 8,751 SH SOLE 0 8,751
HARRIS CORP. DEL COMM 413875105 366 9,344 SH SOLE 710 8,634
HARTFORD FINC SERVICES COMM 416515104 1,681 28,835 SH SOLE 2,728 26,107
HASBRO INC COMM 418056107 753 26,966 SH SOLE 3,175 23,791
HCR MANOR CARE COMM 404134108 240 9,914 SH SOLE 1,785 8,129
HEALTHSOUTH REHAB. COMM 421924101 534 35,876 SH SOLE 5,860 30,016
HEARTLAND EXPRESS INC COMM 422347104 88 5,370 SH SOLE 5,370 0
HELIX TECHNOLOGIES COMM 423319102 127 5,300 SH SOLE 5,300 0
HELMERICH & PAYNE COMM 423452101 186 7,878 SH SOLE 0 7,878
HENRY JACK & ASSOC INC COMM 426281101 165 4,201 SH SOLE 4,201 0
HERCULES COMM 427056106 476 12,098 SH SOLE 1,153 10,945
HERSHEY FOODS CORP. COMM 427866108 1,178 19,844 SH SOLE 3,260 16,584
HEWLETT PACKARD CO. COMM 428236103 13,908 138,390 SH SOLE 23,953 114,437
HILB, ROGAL & HAMIL COMM 431294107 49 2,200 SH SOLE 2,200 0
HILTON HOTELS CORP. COMM 432848109 411 28,947 SH SOLE 5,520 23,427
HNC SOFTWARE COMM 40425P107 172 5,580 SH SOLE 5,580 0
HOME DEPOT INC COMM 437076102 15,158 235,228 SH SOLE 35,076 200,152
HOMESTAKE MINING COMM 437614100 183 22,361 SH SOLE 3,400 18,961
HONEYWELL INC. COMM 438506107 1,924 16,603 SH SOLE 1,490 15,113
HOUSEHOLD INTERNATIONAL COMM 441815107 2,246 47,405 SH SOLE 6,379 41,026
HS RES INC COMM 404297103 64 4,310 SH SOLE 4,310 0
HUDSON UNITED BANCORP COMM 444165104 284 9,052 SH SOLE 9,052 0
HUFFY CORP COMM 444356109 61 4,367 SH SOLE 4,367 0
HUGHES SUPPLY INC COMM 444482103 274 9,215 SH SOLE 5,395 3,820
HUMANA INC. COMM 444859102 252 19,479 SH SOLE 2,525 16,954
HUNTINGTON BANC SHARES COMM 446150104 188 5,367 SH SOLE 2,820 2,547
HUTCHINSON TECHNOLOGY COMM 448407106 149 5,370 SH SOLE 5,370 0
HYPERION SOLUTIONS CORP COMM 44914M104 117 6,586 SH SOLE 6,586 0
IDEC PHARMACEUTICALS CO COMM 449370105 331 4,290 SH SOLE 4,290 0
IDEXX LABS INC COMM 45168D104 189 8,109 SH SOLE 8,109 0
IHOP CORP COMM 449623107 165 6,840 SH SOLE 6,840 0
IKON OFFICE SOLUTIONS COMM 451713101 246 16,373 SH SOLE 2,002 14,371
ILLINOIS TOOL WORKS INC COMM 452308109 2,978 36,429 SH SOLE 10,346 26,083
IMCO RECYCLING INC COMM 449681105 67 3,940 SH SOLE 3,940 0
IMS HEALTH INC COMM 449934108 1,672 53,514 SH SOLE 4,252 49,262
INACOM CORP COMM 45323G109 113 8,931 SH SOLE 8,931 0
INCO LTD COMM 453258402 391 21,701 SH SOLE 3,457 18,244
INCYTE PHARMACEUTICALS COMM 45337C102 159 6,030 SH SOLE 6,030 0
ING GROEP N.V.-SPONS ADR COMM 456837103 352 6,394 SH SOLE 6,394 0
INGERSOLL RAND COMM 456866102 1,372 21,236 SH SOLE 2,023 19,213
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INPUT/OUTPUT INC COMM 457652105 66 8,714 SH SOLE 8,714 0
INSIGHT ENTERPRISES INC COMM 45765U103 128 5,190 SH SOLE 5,190 0
INSITUFORM TECHNOLOGIES COMM 457667103 101 4,670 SH SOLE 4,670 0
INTEGRATED HEALTH SERVIC COMM 45812C106 86 10,798 SH SOLE 10,798 0
INTEL CORP. COMM 458140100 30,144 506,620 SH SOLE 68,512 438,108
INTER TEL INC. COMM 458372109 98 5,350 SH SOLE 5,350 0
INTERFACE INC -CL A COMM 458665106 77 8,938 SH SOLE 8,938 0
INTERIM SERVICES INC COMM 45868P100 350 16,978 SH SOLE 10,198 6,780
INTERMET CORP COMM 45881K104 76 5,044 SH SOLE 5,044 0
INTERNATIONAL PAPER CO. COMM 460146103 2,381 47,379 SH SOLE 5,350 42,029
INTERPUBLIC GROUP COMM 460690100 1,386 15,998 SH SOLE 2,182 13,816
INTERVOICE INC COMM 461142101 77 5,360 SH SOLE 5,360 0
INT'L BUSINESS MACHINES COMM 459200101 30,770 238,066 SH SOLE 38,166 199,900
INT'L FLAVORS & FRAGRANC COMM 459506101 622 14,133 SH SOLE 3,046 11,087
INTL RECTIFIER CORP. COMM 460254105 132 9,894 SH SOLE 9,894 0
INVACARE INC COMM 461203101 165 6,186 SH SOLE 6,186 0
IONICS INC COMM 462218108 161 4,405 SH SOLE 4,405 0
ITT INDUSTRIES INC COMM 450911102 509 13,351 SH SOLE 1,258 12,093
J&J SNACK FOODS INC COMM 466032109 61 2,530 SH SOLE 2,530 0
J.C. PENNEY CO. COMM 708160106 1,453 29,919 SH SOLE 3,747 26,172
J.P. MORGAN & CO. COMM 616880100 4,144 29,494 SH SOLE 7,552 21,942
JEFFERIES GROUP INC (NEW COMM 472319102 163 5,620 SH SOLE 5,620 0
JEFFERSON PILOT COMM 475070108 1,516 22,904 SH SOLE 10,629 12,275
JLG INDUSTRIES INC COMM 466210101 152 7,440 SH SOLE 7,440 0
JO-ANN STORES INC - CL A COMM 47758P109 67 4,445 SH SOLE 4,445 0
JOHN H. HARLAND CO. COMM 412693103 111 5,590 SH SOLE 5,590 0
JOHNSON & JOHNSON COMM 478160104 20,817 212,422 SH SOLE 30,686 181,736
JOHNSON CONTROLS INC. COMM 478366107 665 9,601 SH SOLE 914 8,687
JONES PHARMA INC COMM 480236108 243 6,160 SH SOLE 6,160 0
JOSTENS INC. COMM 481088102 182 8,623 SH SOLE 1,140 7,483
JSB FINANCIAL INC COMM 46624M100 199 3,905 SH SOLE 3,905 0
JUNO LIGHTING INC COMM 482047107 95 3,890 SH SOLE 3,890 0
JUST FOR FEET INC COMM 48213P106 42 6,480 SH SOLE 6,480 0
JUSTIN INDUSTRIES INC COMM 482171105 58 4,190 SH SOLE 4,190 0
KAMAN CORP -CL A COMM 483548103 72 4,593 SH SOLE 4,593 0
KANSAS CITY SOUTHN INDS COMM 485170104 594 9,310 SH SOLE 1,160 8,150
KAUFMAN & BROAD HOME CO COMM 486168107 18 728 SH SOLE 0 728
KELLOGG COMM 487836108 1,876 56,842 SH SOLE 8,970 47,872
KELLWOOD INC COMM 488044108 301 11,110 SH SOLE 6,300 4,810
KEMET CORP COMM 488360108 178 7,745 SH SOLE 7,745 0
KENT ELECTRONICS CORP COMM 490553104 115 5,813 SH SOLE 5,813 0
KERR MCGEE COMM 492386107 546 10,871 SH SOLE 970 9,901
KEYCORP COMM 493267108 2,095 65,213 SH SOLE 20,290 44,923
KIMBERLY CLARK COMM 494368103 4,727 82,922 SH SOLE 19,236 63,686
KING WORLD PRODUCTION COMM 495667107 374 10,732 SH SOLE 0 10,732
KIRBY CORP COMM 497266106 87 4,097 SH SOLE 4,097 0
KLA-TENCOR CORP. COMM 482480100 656 10,119 SH SOLE 980 9,139
KLM ROYAL DUTCH AIR-ADR COMM 482516101 69 2,409 SH SOLE 2,409 0
K-MART COMM 482584109 1,043 63,207 SH SOLE 6,188 57,019
KNIGHT RIDDER NEWSPAPERS COMM 499040103 768 13,949 SH SOLE 1,889 12,060
KOHLS CORP COMM 500255104 1,337 17,390 SH SOLE 2,030 15,360
KOMAG INC. COMM 500453105 35 10,580 SH SOLE 10,580 0
KONINKLIJKE AHOLD - ADR COMM 500467303 160 4,613 SH SOLE 4,613 0
KONINKLIJKE KPN NV-ADR COMM 780641205 166 3,448 SH SOLE 3,448 0
KONINKLIJKE PHILIPS EL COMM 500472105 162 1,602 SH SOLE 1,602 0
KROGER COMPANY COMM 501044101 2,892 103,514 SH SOLE 14,164 89,350
KROLL-O'GARA COMPANY COMM 501050108 88 4,010 SH SOLE 4,010 0
KRONOS INC COMM 501052104 145 3,180 SH SOLE 3,180 0
K-SWISS CL-A COMM 482686102 120 2,580 SH SOLE 2,580 0
KULICKE & SOFFA INDS INC COMM 501242101 134 4,990 SH SOLE 4,990 0
LA Z BOY CHAIR CO COMM 505336107 375 16,293 SH SOLE 9,573 6,720
LAIDLAW INC COMM 50730K503 66 8,901 SH SOLE 4,940 3,961
LANDRY'S RESTAURANTS COMM 51508L103 56 7,000 SH SOLE 7,000 0
LANDSTAR SYSTEMS INC COMM 515098101 85 2,355 SH SOLE 2,355 0
LASON INC COMM 51808R107 169 3,400 SH SOLE 3,400 0
LATTICE SEMICONDUCTOR COMM 518415104 476 7,649 SH SOLE 5,019 2,630
LAWSON PRODUCTS INC. COMM 520776105 88 3,480 SH SOLE 3,480 0
LEGG MASON INC COMM 524901105 470 12,216 SH SOLE 12,216 0
LEHMAN BROS HOLDING INC COMM 524908100 945 15,204 SH SOLE 1,290 13,914
LG AND E ENERGY CORP. COMM 501917108 16 751 SH SOLE 0 751
LIBBEY INC COMM 529898108 114 3,920 SH SOLE 3,920 0
LILLY (ELI) & CO. COMM 532457108 10,853 151,527 SH SOLE 27,100 124,427
LILLY INDUSTRIES INC COMM 532491107 87 4,709 SH SOLE 4,709 0
LIMITED, INC. COMM 532716107 1,625 35,803 SH SOLE 2,785 33,018
LINCOLN NATIONAL CORP. COMM 534187109 1,338 25,582 SH SOLE 2,208 23,374
LINDSAY MANUFACTURING CO COMM 535555106 59 3,379 SH SOLE 3,379 0
LINENS N' THINGS COMM 535679104 346 7,910 SH SOLE 7,910 0
LIPOSOME CO INC COMM 536310105 139 7,250 SH SOLE 7,250 0
LIZ CLAIBORNE INC COMM 539320101 339 9,281 SH SOLE 450 8,831
LOCKHEED MARTIN CORP COMM 539830109 1,808 48,530 SH SOLE 4,936 43,594
LOEWS CORP. COMM 540424108 1,611 20,365 SH SOLE 7,520 12,845
LONE STAR INDUSTRIES COMM 542290408 335 8,922 SH SOLE 4,962 3,960
LONGS DRUG STORES CORP COMM 543162101 79 2,288 SH SOLE 420 1,868
LOUISIANA PACIFIC CORP. COMM 546347105 275 11,508 SH SOLE 970 10,538
LOWE'S COMPANIES COMM 548661107 2,401 42,358 SH SOLE 4,988 37,370
LSI LOGIC CORP COMM 502161102 702 15,222 SH SOLE 1,715 13,507
LUBY'S CAFETERIAS COMM 549282101 97 6,480 SH SOLE 6,480 0
LUCENT TECHNOLOGIES INC COMM 549463107 26,031 386,005 SH SOLE 62,071 323,934
MACDERMID INC COMM 554273102 236 5,070 SH SOLE 5,070 0
MACROMEDIA INC COMM 556100105 292 8,280 SH SOLE 8,280 0
MAF BANCORP, INC. COMM 55261R108 113 4,680 SH SOLE 4,680 0
MALLINCKRODT INC COMM 561232109 392 10,772 SH SOLE 1,140 9,632
MANITOWAC INC COMM 563571108 251 6,027 SH SOLE 6,027 0
MARRIOTT INTL-CLASS A COMM 571903202 909 24,341 SH SOLE 4,973 19,368
MARSH & MCLENNAN COMM 571748102 2,385 31,507 SH SOLE 3,703 27,804
MARSHALL & ILSLEY CORP COMM 571834100 23 350 SH SOLE 0 350
MARSHALL INDUSTRIES COMM 572393106 153 4,263 SH SOLE 4,263 0
MASCO CORP. COMM 574599106 1,156 40,049 SH SOLE 5,160 34,889
MASOTECH CORP COMM 574670105 171 10,090 SH SOLE 10,090 0
MATTEL INC. COMM 577081102 1,017 38,925 SH SOLE 5,941 32,984
MAXXAM MEDICAL INC COMM 57777G105 78 3,360 SH SOLE 3,360 0
MAY DEPARTMENT STORES COMM 577778103 2,354 57,584 SH SOLE 16,968 40,616
MAYTAG CORP. COMM 578592107 3,623 51,893 SH SOLE 880 51,013
MBIA INC COMM 55262C100 3,925 60,612 SH SOLE 780 59,832
MBNA CORP. COMM 55262L100 3,237 105,705 SH SOLE 10,575 95,130
MCDERMOTT INTL. COMM 580037109 178 6,289 SH SOLE 440 5,849
MCDONALD'S CORP COMM 580135101 7,391 179,728 SH SOLE 24,100 155,628
MCGRAW-HILL INC. COMM 580645109 5,611 104,022 SH SOLE 15,760 88,262
MCI WORLDCOM INC COMM 55268B106 24,005 278,917 SH SOLE 38,583 240,334
MCKESSON HBOC INC COMM 58155Q103 974 30,266 SH SOLE 3,499 26,767
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MDC HOLDINGS INC COMM 552676108 81 3,780 SH SOLE 3,780 0
MEAD CORP COMM 582834107 518 12,415 SH SOLE 1,040 11,375
MEDIAONE GROUP INC COMM 58440J104 5,164 69,435 SH SOLE 7,350 62,085
MEDQUIST INC COMM 584949101 277 6,320 SH SOLE 6,320 0
MEDTRONIC INC COMM 585055106 5,082 65,262 SH SOLE 8,106 57,156
MELLON BANK CORP. COMM 585509102 2,514 69,108 SH SOLE 6,900 62,208
MENS WAREHOUSE INC COMM 587118100 200 7,825 SH SOLE 7,825 0
MENTOR CORP MINN COMM 587188103 97 5,193 SH SOLE 5,193 0
MERCANTILE BANCORPORATIO COMM 587342106 808 14,140 SH SOLE 1,670 12,470
MERCK & CO., INC. COMM 589331107 26,452 359,282 SH SOLE 51,930 307,352
MERCURY INTERACTIVE COMM 589405109 262 7,420 SH SOLE 7,420 0
MEREDITH CORP COMM 589433101 266 7,679 SH SOLE 2,948 4,731
MERRILL CORP COMM 590175105 49 3,410 SH SOLE 3,410 0
MERRILL LYNCH & CO. COMM 590188108 3,300 41,511 SH SOLE 4,522 36,989
METHODE ELECTRONICS INC COMM 591520200 161 7,020 SH SOLE 7,020 0
METRO NETWORKS INC COMM 591918107 198 3,710 SH SOLE 3,710 0
MGIC INVESTMENT CO. COMM 552848103 645 13,257 SH SOLE 920 12,337
MICHAEL FOODS INC. COMM 594079105 105 4,480 SH SOLE 4,480 0
MICHAELS STORES INC COMM 594087108 209 6,810 SH SOLE 6,810 0
MICREL INC COMM 594793101 303 4,100 SH SOLE 4,100 0
MICRON TECHNOLOGY COMM 595112103 1,169 28,876 SH SOLE 3,138 25,738
MICROS SYSTEMS INC COMM 594901100 124 3,640 SH SOLE 3,640 0
MICROSOFT CORP COMM 594918104 65,204 722,982 SH SOLE 104,454 618,528
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MILACRON INC COMM 598709103 75 4,028 SH SOLE 0 4,028
MILLIPORE CORP. COMM 601073109 200 4,942 SH SOLE 350 4,592
MINNESOTA MINING & MFG COMM 604059105 5,180 59,587 SH SOLE 14,462 45,125
MIRAGE RESORTS INC COMM 60462E104 37 2,210 SH SOLE 0 2,210
MISSISSIPPI CHEM CORP COMM 605288208 50 5,108 SH SOLE 5,108 0
MOBIL CORP. COMM 607059102 10,800 109,368 SH SOLE 21,176 88,192
MONSANTO COMM 611662107 2,670 67,479 SH SOLE 8,431 59,048
MORGAN STAN/DEAN WITTER COMM 617446448 8,141 79,323 SH SOLE 15,877 63,446
MORRISON-KNUDSON INC COMM 61844A109 80 7,740 SH SOLE 7,740 0
MOTOROLA INC. COMM 620076109 10,493 110,742 SH SOLE 17,180 93,562
MS CARRIERS INC COMM 553533100 90 3,040 SH SOLE 3,040 0
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MYERS INDUSTRIES INC COMM 628464109 83 4,160 SH SOLE 4,160 0
NABISCO GROUP HOLDINGS COMM 62952P102 270 13,780 SH SOLE 10,580 3,200
NACCO INDUSTRIES INC COMM 629579103 137 1,869 SH SOLE 0 1,869
NALCO CHEMICAL CO. COMM 629853102 391 7,531 SH SOLE 560 6,971
NATIONAL CITY CORP. COMM 635405103 2,290 34,955 SH SOLE 4,187 30,768
NATIONAL COMPUTER SYSTEM COMM 635519101 208 6,156 SH SOLE 6,156 0
NATIONAL DATA CORP COMM 635621105 301 7,046 SH SOLE 7,046 0
NATIONAL INSTRUMENT CORP COMM 636518102 273 6,770 SH SOLE 6,770 0
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NATIONAL SEMICONDUCTOR COMM 637640103 403 15,936 SH SOLE 2,180 13,756
NATIONAL SERVICE IND. COMM 637657107 299 8,311 SH SOLE 550 7,761
NAUTICA ENTERPRISES INC COMM 639089101 129 7,636 SH SOLE 7,636 0
NAVISTAR INT'L CORP. COMM 63934E108 331 6,612 SH SOLE 620 5,992
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NCR CORP COMM 62886E108 2 31 SH SOLE 0 31
NCS HEALTHCARE CLASS A COMM 628874109 28 5,090 SH SOLE 5,090 0
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NEW CENTURY ENERGIES INC COMM 64352U103 95 2,440 SH SOLE 1,310 1,130
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NEW JERSEY RES COMM 646025106 300 8,006 SH SOLE 3,756 4,250
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NEWELL RUBBERMAID CO. COMM 651229106 1,785 38,495 SH SOLE 4,288 34,207
NEWFIELD EXPLORATION COR COMM 651290108 251 8,842 SH SOLE 8,842 0
NEWMONT MINING CORP COMM 651639106 389 19,584 SH SOLE 1,978 17,606
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NFO WORLDWIDE COMM 62910N108 59 4,220 SH SOLE 4,220 0
NIAGARA MOHAWK HOLDINGS COMM 653520106 520 32,371 SH SOLE 3,710 28,661
NICOR INC. COMM 654086107 170 4,459 SH SOLE 390 4,069
NIKE INC. - CL B COMM 654106103 2,235 35,262 SH SOLE 3,702 31,560
NORDSTROM INC COMM 655664100 692 20,652 SH SOLE 1,900 18,752
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NORRELL CORP GA COMM 656301108 104 5,509 SH SOLE 5,509 0
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NORTHERN STATES POWER-MN COMM 665772109 370 15,298 SH SOLE 1,580 13,718
NORTHERN TRUST CORP. COMM 665859104 1,447 14,919 SH SOLE 1,430 13,489
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NORTHWEST NATURAL GAS CO COMM 667655104 92 3,832 SH SOLE 3,832 0
NOVARTIS AG-ADR COMM 66987V109 849 11,476 SH SOLE 11,476 0
NOVELL INC. COMM 670006105 1,197 45,161 SH SOLE 4,239 40,922
NOVELLUS SYSTEMS COMM 670008101 550 8,060 SH SOLE 8,060 0
NUCOR CORP. COMM 670346105 515 10,862 SH SOLE 1,311 9,551
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ONEOK INC COMM 682680103 824 25,956 SH SOLE 19,260 6,696
ORACLE SYSTEMS COMM 68389X105 7,881 212,279 SH SOLE 36,928 175,351
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ORBITAL SCIENCES CORP COMM 685564106 187 7,922 SH SOLE 7,922 0
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ORION CAP CORP. COMM 686268103 216 6,014 SH SOLE 6,014 0
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P P & L RESOURCES INC. COMM 693499105 282 9,179 SH SOLE 1,385 7,794
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PACIFICORP COMM 695114108 935 50,891 SH SOLE 5,286 45,605
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PARK ELECTROCHEMICAL CO COMM 700416209 87 3,013 SH SOLE 3,013 0
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PATTERSON DENTAL CO COMM 703412106 238 6,857 SH SOLE 6,857 0
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PEP BOYS-MANNY,MOE & JAC COMM 713278109 173 8,258 SH SOLE 660 7,598
PEPSICO COMM 713448108 6,534 168,879 SH SOLE 0 168,879
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PIONEER STD ELECTRICS IN COMM 723877106 56 4,680 SH SOLE 4,680 0
PITNEY-BOWES INC. COMM 724479100 3,469 53,992 SH SOLE 3,654 50,338
PITTSTON BURLINGTON GROU COMM 725701882 37 3,850 SH SOLE 3,850 0
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POLAROID COMM 731095105 168 6,122 SH SOLE 840 5,282
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TEXTRON INC. COMM 883203101 3,827 46,494 SH SOLE 7,630 38,864
THERMO ELECTRON CORP COMM 883556102 294 14,676 SH SOLE 2,082 12,594
THOMAS AND BETTS CORP. COMM 884315102 247 5,225 SH SOLE 245 4,980
THOMAS INDUSTRIES COMM 884425109 73 3,580 SH SOLE 3,580 0
THOR INDUSTRIES COMM 885160101 214 7,530 SH SOLE 4,200 3,330
TIMBERLAND COMM 887100105 191 2,809 SH SOLE 2,809 0
TIME WARNER, INC. COMM 887315109 14,425 198,624 SH SOLE 14,720 183,904
TIMES MIRROR CO. SER A COMM 887364107 870 14,679 SH SOLE 2,008 12,671
TIMKEN CO COMM 887389104 115 5,894 SH SOLE 670 5,224
TJ INTERNATIONAL INC COMM 872534102 131 4,214 SH SOLE 4,214 0
TJX COMPANIES INC NEW COMM 872540109 1,335 40,072 SH SOLE 4,120 35,952
TNP ENTERPRISES INC. COMM 872594106 122 3,370 SH SOLE 3,370 0
TOLL BROTHERS INC COMM 889478103 156 7,295 SH SOLE 7,295 0
TORCHMARK CORP COMM 891027104 536 15,695 SH SOLE 1,210 14,485
TORO CO COMM 891092108 151 3,829 SH SOLE 3,829 0
TOWER AUTOMOTIVE INC COMM 891707101 411 16,150 SH SOLE 9,940 6,210
TOYS-R-US COMM 892335100 724 35,008 SH SOLE 3,481 31,527
TRANSAMERICA CORP. COMM 893485102 1,829 24,392 SH SOLE 8,210 16,182
TREDEGAR INDS INC COMM 894650100 166 7,384 SH SOLE 7,384 0
TRENWICK GROUP INC COMM 895290104 77 3,107 SH SOLE 3,107 0
TRIBUNE CO. COMM 896047107 1,637 18,786 SH SOLE 3,590 15,196
TRICON GLOBAL RESTAURANT COMM 895953107 1,056 19,503 SH SOLE 0 19,503
TRIMBLE NAVIGATION COMM 896239100 60 4,660 SH SOLE 4,660 0
TRUE NORTH COMMUNICATION COMM 897844106 279 9,389 SH SOLE 9,389 0
TRUSTCO BANK CORP NY COMM 898349105 120 4,448 SH SOLE 4,448 0
TRW CORP COMM 872649108 849 15,478 SH SOLE 1,355 14,123
TUBOSCOPE INC COMM 898600101 108 7,915 SH SOLE 7,915 0
TUPPERWARE CORP COMM 899896104 213 8,354 SH SOLE 1,001 7,353
TYCO INTL LTD COMM 902124106 13,319 140,567 SH SOLE 20,434 120,133
U.S. FREIGHTWAYS CORP COMM 916906100 425 9,182 SH SOLE 5,802 3,380
U.S. WEST INC COMM 91273H101 3,473 59,109 SH SOLE 6,995 52,114
UBS AG-SPONS ADR COMM 90261R105 524 33,834 SH SOLE 33,834 0
ULTRATECH STEPPER COMM 904034105 73 4,860 SH SOLE 4,860 0
UNICOM CORPORATION COMM 904911104 1,000 25,920 SH SOLE 2,952 22,968
UNILEVER N.V. - NY SHARE COMM 904784709 5,011 71,841 SH SOLE 12,105 59,736
UNION CARBIDE CORP. COMM 905581104 806 16,541 SH SOLE 1,346 15,195
UNION PACIFIC CORP COMM 907818108 2,166 37,137 SH SOLE 10,743 26,394
UNION PACIFIC RES GRP COMM 907834105 437 26,814 SH SOLE 3,481 23,333
UNION PLANTERS CORP COMM 908068109 555 12,420 SH SOLE 1,530 10,890
UNISYS CORP. COMM 909214108 955 24,535 SH SOLE 3,580 20,955
UNITED BANKSHARES INC COMM 909907107 216 8,160 SH SOLE 8,160 0
UNITED HEALTHCARE CORP COMM 910581107 2,007 32,043 SH SOLE 10,600 21,443
UNITED ILLUMINATING CO. COMM 910637107 139 3,271 SH SOLE 3,271 0
UNITED TECHNOLOGIES COMM 913017109 9,208 127,894 SH SOLE 16,340 111,554
UNITED WATER RESOURCES COMM 913190104 128 5,660 SH SOLE 5,660 0
UNITRODE CORP COMM 913283107 177 6,160 SH SOLE 6,160 0
UNIVERSAL FOREST PRODUCT COMM 913543104 88 4,080 SH SOLE 4,080 0
UNIVERSAL HEALTH SCVS COMM 913903100 353 7,394 SH SOLE 7,394 0
UNOCAL COMM 915289102 1,192 30,079 SH SOLE 2,682 27,397
UNUM CORP COMM 903192102 907 16,564 SH SOLE 1,514 15,050
US AIRWAYS GROUP INC COMM 911905107 503 11,539 SH SOLE 1,163 10,376
US BANCORP COMM 902973106 3,144 94,199 SH SOLE 9,592 84,607
US BIOSCIENCE INC COMM 911646206 49 5,060 SH SOLE 5,060 0
US HOME CORP NEW COMM 911920106 248 6,978 SH SOLE 3,868 3,110
US ONCOLOGY INC COMM 90338W103 79 6,570 SH SOLE 6,570 0
US TRUST CORP COMM 91288L105 358 3,872 SH SOLE 3,872 0
UST CORP COMM 902900109 266 8,790 SH SOLE 8,790 0
UST INC. COMM 902911106 581 19,829 SH SOLE 0 19,829
USX - MARATHON COMM 902905827 1,254 38,499 SH SOLE 4,236 34,263
USX-US STEEL COMM 90337T101 259 9,589 SH SOLE 1,213 8,376
V.F. CORPORATION COMM 918204108 637 14,910 SH SOLE 1,488 13,422
VALASSIS COMMUNICATIONS COMM 918866104 426 11,643 SH SOLE 11,643 0
VALMONT INDUSTRIES INC COMM 920253101 90 5,260 SH SOLE 5,260 0
VANTIVE CORP COMM 922091103 65 5,680 SH SOLE 5,680 0
VARIAN MEDICAL SYSTEMS COMM 92220P105 297 11,780 SH SOLE 6,390 5,390
VERTEX PHARMACEUTICALS COMM 92532F100 142 5,902 SH SOLE 5,902 0
VIACOM INC CLASS B COMM 925524308 4,731 107,534 SH SOLE 14,760 92,774
VICOR CORP COMM 925815102 183 8,639 SH SOLE 8,639 0
VINTAGE PETROLEUM INC COMM 927460105 122 11,326 SH SOLE 11,326 0
VITAL SIGNS INC COMM 928469105 58 2,923 SH SOLE 2,923 0
VODAFONE GROUP PLC - ADR COMM 92857T107 14,003 71,083 SH SOLE 15,343 55,740
VOLT INFO SCIENCES COMM 928703107 85 3,710 SH SOLE 3,710 0
WABASH NATIONAL CORP COMM 929566107 117 6,050 SH SOLE 6,050 0
WACHOVIA CORP COMM 929771103 2,072 24,212 SH SOLE 2,722 21,490
WALGREEN CO COMM 931422109 4,768 162,301 SH SOLE 13,446 148,855
WAL-MART COMM 931142103 33,649 697,380 SH SOLE 96,178 601,202
WARNER LAMBERT COMM 934488107 8,318 120,330 SH SOLE 21,672 98,658
WASHINGTON MUTUAL SAVING COMM 939322103 3,299 92,754 SH SOLE 9,221 83,533
WASTE MANAGEMENT INC COMM 94106L109 3,416 63,565 SH SOLE 8,063 55,502
WATKINS JOHNSON CO. COMM 942486101 94 3,170 SH SOLE 3,170 0
WATSCO INC COMM 942622200 96 5,865 SH SOLE 5,865 0
WATSON PHARMACEUTICALS COMM 942683103 175 4,992 SH SOLE 950 4,042
WD-40 CO COMM 929236107 102 4,060 SH SOLE 4,060 0
WELLPOINT HEALTH NETWORK COMM 94973H108 80 940 SH SOLE 940 0
WELLS FARGO COMPANY COMM 949746101 9,903 231,646 SH SOLE 37,654 193,992
WENDY'S INTERNATIONAL COMM 950590109 527 18,479 SH SOLE 0 18,479
WERNER ENTERPRISES, INC. COMM 950755108 175 8,448 SH SOLE 8,448 0
WESTVACO CORP COMM 961548104 315 10,874 SH SOLE 1,136 9,738
WESTWOOD ONE INC COMM 961815107 233 6,520 SH SOLE 6,520 0
WEYERHAEUSER CO. COMM 962166104 2,492 36,240 SH SOLE 12,012 24,228
WHIRLPOOL COMM 963320106 642 8,678 SH SOLE 804 7,874
WHITNEY HOLDING CORP COMM 966612103 238 5,988 SH SOLE 5,988 0
WHITTAKER CORP COMM 966680407 77 2,740 SH SOLE 2,740 0
WHITTMAN-HART COMM 966834103 324 10,220 SH SOLE 10,220 0
WHOLE FOODS MARKET INC COMM 966837106 290 6,029 SH SOLE 6,029 0
WHX CORP COMM 929248102 35 5,354 SH SOLE 5,354 0
WICOR INC COMM 929253102 382 13,690 SH SOLE 6,160 7,530
WILLAMETTE INDUSTRIES COMM 969133107 641 13,921 SH SOLE 1,406 12,515
WILLIAMS COS. INC. COMM 969457100 1,845 43,343 SH SOLE 5,690 37,653
WILLIAMS SONOMA INC COMM 969904101 401 11,518 SH SOLE 11,518 0
WINN DIXIE STORES COMM 974280109 649 17,570 SH SOLE 3,000 14,570
WINNEBAGO INDS INC COMM 974637100 115 5,090 SH SOLE 5,090 0
WOLTERS KLUWER NV-ADR COMM 977874205 95 2,330 SH SOLE 2,330 0
WOLVERINE TUBE INC COMM 978093102 96 3,825 SH SOLE 3,825 0
WOLVERINE WORLD WIDE INC COMM 978097103 114 8,148 SH SOLE 8,148 0
WORLD COLOR PRESS INC COMM 981443104 359 13,070 SH SOLE 8,270 4,800
WORTHINGTON INDUSTRIES COMM 981811102 218 13,260 SH SOLE 0 13,260
WRIGLEY, WM. JR. CO. COMM 982526105 1,384 15,519 SH SOLE 3045 12,474
WYNNS INTERNATIONAL INC. COMM 983195108 72 3,930 SH SOLE 3930 0
XEROX COMM 984121103 7,610 128,849 SH SOLE 18052 110,797
XIRCOM INC COMM 983922105 153 5,100 SH SOLE 5100 0
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YELLOW CORP COMM 985509108 105 5,916 SH SOLE 5916 0
ZALE CORP COMM 988858106 453 11,330 SH SOLE 7750 3,580
ZEBRA TECH CL A COMM 989207105 257 6,696 SH SOLE 6696 0
ZENITH COMM 989390109 104 4,218 SH SOLE 4218 0
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