<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES COM 002824100 877 19700 SH SOLE 19700
ALLIANCE CAPITAL MANAGEMENT COM 018548107 308 6500 SH SOLE 6500
AMERICA ONLINE, INC. COM 02364J104 29048 551334 SH SOLE 551334
2 50 SH DEFINED 50
AMERICAN EXPRESS CO COM 025816109 234 4500 SH SOLE 4500
AMERICAN HOME PRODUCTS CORP. COM 026609107 1436 24447 SH SOLE 24447
AMERICAN INTERNAT'L GROUP INC COM 026874107 16538 140755 SH SOLE 140755
BANK OF NEW YORK INC COM 064057102 452 9736 SH SOLE 9736
BESTFOODS COM 08658U101 1398 20200 SH SOLE 20200
BP AMOCO PLC - SPONSORED ADR COM 055622104 2971 52539 SH SOLE 52539
BRISTOL MYERS SQUIBB CO. COM 110122108 1300 22330 SH SOLE 22330
BROADCOM CORP. COM 111320107 24408 111484 SH SOLE 111484
CHEVRON CORP COM 166751107 987 11640 SH SOLE 11640
CHUBB CORP COM 171232101 822 13375 SH SOLE 13375
CIRCUIT CITY STORES COM 172737108 12918 389245 SH SOLE 389245
CISCO SYSTEMS, INC. COM 17275R102 68389 1075947 SH SOLE 1075947
CITIGROUP, INC. COM 172967101 383 6358 SH SOLE 6358
COCA COLA CO COM 191216100 1150 20025 SH SOLE 20025
DOVER CORPORATION COM 260003108 1151 28400 SH SOLE 28400
DU PONT (E.I.) NEMOURS & CO COM 263534109 588 13452 SH SOLE 13452
EMC CORPORATION/MASS COM 268648102 392 5100 SH SOLE 5100
ENRON CORP. COM 293561106 232 3600 SH SOLE 3600
ERICSSON (L.M.) ADR'S COM 294821400 11356 567840 SH SOLE 567840
EXODUS COMMUNICATIONS COM 302088109 9622 208910 SH SOLE 208910
EXXON MOBIL CORPORATION COM 30231g102 7898 100613 SH SOLE 100613
FANNIE MAE COM 313586109 12512 239765 SH SOLE 239765
FLEXTRONICS INTERNATIONAL, LTD COM y2573f102 5318 77431 SH SOLE 77431
FORD MOTOR COMPANY COM 345370100 17643 410313 SH SOLE 410313
GEMSTAR INTL GROUP, LTD. COM G3788V106 9414 153190 SH SOLE 153190
GENERAL ELECTRIC CO COM 369604103 33909 639799 SH SOLE 639799
GILLETTE CO COM 375766102 303 8682 SH SOLE 8682
HEWLETT PACKARD CO COM 428236103 878 7037 SH SOLE 7037
HONEYWELL INTERNATIONAL INC. COM 438516106 320 9500 SH SOLE 9500
ILLINOIS TOOL WORKS, INC. COM 452308109 289 5072 SH SOLE 5072
INTEL CORPORATION COM 458140100 43590 326063 SH SOLE 326063
INTERNATIONAL BUSINESS MACHINE COM 459200101 348 3180 SH SOLE 3180
JOHNSON & JOHNSON COM 478160104 357 3513 SH SOLE 3513
KINDER MORGAN ENERGY PARTNERS, COM 494550106 16055 402012 SH SOLE 402012
LESCO INC COM 526872106 1111 73200 SH SOLE 73200
LINEAR TECHNOLOGY CORP. COM 535678106 1176 18400 SH SOLE 18400
LSI LOGIC CORPORATION COM 502161102 408 7550 SH SOLE 7550
LUCENT TECHNOLOGIES, INC. COM 549463107 529 8933 SH SOLE 8933
MAGNA INTERNATIONAL INC. COM 559222401 589 12469 SH SOLE 12469
MCGRAW HILL INC COM 580645109 1176 21780 SH SOLE 21780
MEDTRONIC INC. COM 585055106 459 9234 SH SOLE 9234
MERCK & CO INC COM 589331107 17046 222468 SH SOLE 222468
MICROSOFT CORP. COM 594918104 26731 334145 SH SOLE 334145
MORGAN J P & CO INC COM 616880100 346 3150 SH SOLE 3150
MOTIENT CORPORATION COM 619908106 3901 248675 SH SOLE 248675
NEW YORK REGIONAL RAIL CORP. COM 649768108 3 10200 SH SOLE 10200
NOKIA CORPORATION - SPON ADR COM 654902204 1115 22340 SH SOLE 22340
NUCOR CORP COM 670346105 225 6800 SH SOLE 6800
OLD KENT FINANCIAL CORPORATION COM 679833103 224 8400 SH SOLE 8400
ORACLE CORP. COM 68389X105 11218 133450 SH SOLE 133450
PE CORP-PE BIOSYSTEMS GROUP COM 69332S102 18970 287975 SH SOLE 287975
PE CORP. - CELERA GENOMICS GRO COM 69332S201 4613 50150 SH SOLE 50150
PEPSICO INC COM 713448108 219 4950 SH SOLE 4950
PFIZER INC COM 717081103 32665 680536 SH SOLE 680536
PROCTER & GAMBLE CO COM 742718109 1001 17497 SH SOLE 17497
PSR MANAGEMENT INC. COM 693642100 0 13500 SH SOLE 13500
ROYAL DUTCH PETE CO COM 780257804 1757 28550 SH SOLE 28550
SBC COMMUNICATIONS, INC. COM 78387G103 204 4735 SH SOLE 4735
SCHERING PLOUGH CORP COM 806605101 218 4320 SH SOLE 4320
SCIENTIFIC ATLANTA INC COM 808655104 534 7172 SH SOLE 7172
SOLECTRON CORPORATION COM 834182107 17635 421135 SH SOLE 421135
STATE STREET CORPORATION COM 857477103 263 2480 SH SOLE 2480
SUN MICRO SYSTEMS COM 866810104 9279 102045 SH SOLE 102045
TIME WARNER COM 887315109 7650 100664 SH SOLE 100664
TRANSOCEAN SEDCO FOREX INC. COM 835420100 261 4893 SH SOLE 4893
TRIBUNE COMPANY COM 896047107 7292 208350 SH SOLE 208350
TYCO INTERNATIONAL LTD. COM 902124106 900 19014 SH SOLE 19014
UNITED TECHNOLOGIES COM 913017109 435 7400 SH SOLE 7400
VISTEON CORP. COM 92839u107 651 53756 SH SOLE 53756
WAL-MART STORES COM 931142103 1875 32550 SH SOLE 32550
WALT DISNEY COMPANY COM 254687106 2118 54571 SH SOLE 54571
YAHOO! INC. COM 984332106 297 2400 SH SOLE 2400
BANK OF AMERICA CORP. 060505104 575 13387 SH SOLE 13387
MORGAN STANLEY DW CAP. TRUST I PRD 553538208 1960 91980 SH SOLE 91980
FIRST FUNDS INTERMEDIATE BOND 320305717 547 57095.878SH SOLE 57095.878
FIRST FUNDS TENNESSEE TAX FREE 320305840 114 11600.415SH SOLE 11600.415
JANUS FUND 471023101 1153 25411.058SH SOLE 25411.058
KAUFMAN FUND, INC. 486250103 104 15503.552SH SOLE 15503.552
NEUBERGER & BERMAN PARTNERS' E 641224407 452 18994.636SH SOLE 18994.636
VANGUARD HI-YIELD CORPORATE BO 922031208 1041 146640.879SH SOLE 146640.879
VANGUARD INDEX TRUST-500 922908108 224 1674.528 SH SOLE 1674.528
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