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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 09/30/95
Institutional Investment Manager:
STATE OF WISCONSIN INVESTMENT BOARD
P.O. BOX 7842
MADISON WI 53702-0000
I represent that I am authorized to submit this form and that
all information in this form and the attachments to it are true,
correct and complete and I understand that all required items,
statements and schedules are integral parts of this form and that
the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete
as previously submitted.
I am signing this report as required by the Securities Exchange
Act of 1934
Name, Title and Telephone Number of Person Submitting Report:
SCOTT W. OLSON DEPUTY GENERAL COUNSEL 617-382-2072
Signature, Place and Date of Signing:
/s/ SCOTT W. OLSON BOSTON MA 10/30/95
<PAGE> PAGE 2
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
OLICOM A/S ORD K7514Y107 1935 138200 SH SOLE 138200 0 0
MILLICOM INTL CELLULAR S A ORD L6388F102 33025 1028000 SH SOLE 1028000 0 0
HEIDEMIJ N V ORD N3926H102 3075 332394 SH SOLE 332394 0 0
PANAMERICAN BEVERAGES INC CL A P74823108 5319 197900 SH SOLE 197900 0 0
AER ENERGY RES INC COM 000944108 1463 300000 SH SOLE 300000 0 0
ACT NETWORKS INC COM 000975102 2763 257000 SH SOLE 257000 0 0
AK STL HLDG CORP COM 001547108 2950 100000 SH SOLE 100000 0 0
AM INTL INC NEW COM 001725100 5353 669100 SH SOLE 669100 0 0
ARI NETWORK SVCS INC COM 001930106 2479 967500 SH SOLE 967500 0 0
AT&T CORP COM 001957109 171279 2605000 SH SOLE 2605000 0 0
ABBOTT LABS COM 002824100 94892 2226200 SH SOLE 2226200 0 0
ACME CLEVELAND CORP NEW COM 004626107 3309 123700 SH SOLE 123700 0 0
ACUSON CORP COM 005113105 36924 2760700 SH SOLE 2760700 0 0
ADVANCED TISSUE SCIENCES INC COM 00755F103 18594 1750000 SH SOLE 1750000 0 0
ADVANCED TECHNOLOGIES LABS INC COM 00755N106 16920 940000 SH SOLE 940000 0 0
ADVO INC COM 007585102 10830 456000 SH SOLE 456000 0 0
ADVANCED MICRO DEVICES INC COM 007903107 15058 517000 SH SOLE 517000 0 0
AETNA LIFE & CAS CO COM 008140105 53564 730000 SH SOLE 730000 0 0
AGOURON PHARMACEUTICALS INC COM 008488108 8625 300000 SH SOLE 300000 0 0
AIR & WTR TECHNOLOGIES CORP CL A 009058108 16704 3107775 SH SOLE 3107775 0 0
AIRBORNE FGHT CORP COM 009266107 18529 756300 SH SOLE 756300 0 0
ALASKA AIR GROUP INC COM 011659109 1733 110000 SH SOLE 110000 0 0
ALLEN GROUP INC COM 017634106 56753 1565600 SH SOLE 1565600 0 0
ALLERGAN LIGAND RETINOID THERA UNIT EX 060597 01849P206 1006 62906 SH SOLE 62906 0 0
ALLERGAN INC COM 018490102 16304 488500 SH SOLE 488500 0 0
ALPHA BETA TECHNOLOGY INC COM 02071K105 9181 1130000 SH SOLE 1130000 0 0
ALUMINUM CO AMER COM 022249106 52547 993800 SH SOLE 993800 0 0
AMERADA HESS CORP COM 023551104 48625 1000000 SH SOLE 1000000 0 0
AMDAHL CORP COM 023905102 18824 1955700 SH SOLE 1955700 0 0
AMERICAN BUSINESS INFORMATION COM 02476F107 10996 543000 SH SOLE 543000 0 0
AMERICAN ELEC PWR INC COM 025537101 42882 1178900 SH SOLE 1178900 0 0
AMERICAN INTL GROUP INC COM 026874107 96621 1136718 SH SOLE 1136718 0 0
AMERICAN MED RESPONSE INC COM 027446103 7094 250000 SH SOLE 250000 0 0
AMERICAN PAC CORP COM 028740108 4233 787500 SH SOLE 787500 0 0
AMERICAN PWR CONVERSION CORP COM 029066107 101730 8304500 SH SOLE 8304500 0 0
AMERICAN PRESIDENT COS LTD COM 029103108 5979 204400 SH SOLE 204400 0 0
AMERICAN SOFTWARE INC CL A 029683109 12180 1680000 SH SOLE 1680000 0 0
AMERISOURCE HEALTH CORP CL A 03071P102 7425 275000 SH SOLE 275000 0 0
AMGEN INC COM 031162100 32219 646000 SH SOLE 646000 0 0
AMP INC COM 031897101 92400 2400000 SH SOLE 2400000 0 0
AMOCO CORP COM 031905102 110616 1725000 SH SOLE 1725000 0 0
AMPHENOL CORP CL A 032094203 49521 2290000 SH SOLE 2290000 0 0
AMSCO INTL INC COM 032161101 23135 1164000 SH SOLE 1164000 0 0
AMYLIN PHARMACEUTICALS INC COM 032346108 15878 2190000 SH SOLE 2190000 0 0
ANHEUSER BUSCH COS INC COM 035229103 17153 275000 SH SOLE 275000 0 0
ANNTAYLOR STORES CORP COM 036115103 3525 200000 SH SOLE 200000 0 0
ANTEC CORP COM 03664P105 25003 1869400 SH SOLE 1869400 0 0
ANTHONY INDS INC COM 036798106 4735 250000 SH SOLE 250000 0 0
APACHE CORP COM 037411105 26363 1004300 SH SOLE 1004300 0 0
APPLEBEES INTL INC COM 037899101 8175 300000 SH SOLE 300000 0 0
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
APPLIED INNOVATION INC COM 037916103 3250 200000 SH SOLE 200000 0 0
APPLIED BIOSCIENCE INTL INC COM 037917101 17850 2800000 SH SOLE 2800000 0 0
APPLIED DIGITAL ACCESS INC COM 038181103 5801 455000 SH SOLE 455000 0 0
APPLIED IMMUNE SCIENCES INC COM 03820F108 9159 1221237 SH SOLE 1221237 0 0
APPLIED MAGNETICS CP DEL COM 038213104 6250 400000 SH SOLE 400000 0 0
APPLIED PWR INC CL A 038225108 848 26500 SH SOLE 26500 0 0
ARAKIS ENERGY CORP COM 03852L106 1300 200000 SH SOLE 200000 0 0
ARBOR HEALTH CARE CO COM 03876L108 5069 218000 SH SOLE 218000 0 0
ARCADIAN CORP COM 039229109 2820 138400 SH SOLE 138400 0 0
ARCH COMMUNICATIONS GROUP INC COM 039381108 5250 200000 SH SOLE 200000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 21525 1400000 SH SOLE 1400000 0 0
ARCTCO INC COM 039665104 29236 2293000 SH SOLE 2293000 0 0
ARDEN INDL PRODS INC COM 039780101 4256 532000 SH SOLE 532000 0 0
ARKANSAS BEST CORP DEL COM 040790107 22711 1912500 SH SOLE 1912500 0 0
ARMCO INC COM 042170100 59785 9197700 SH SOLE 9197700 0 0
ASEA AB SPONSORED ADR 043655307 3096 31000 SH SOLE 31000 0 0
ATHENA NEUROSCIENCES INC COM 046854105 6745 565000 SH SOLE 565000 0 0
ATLANTIC SOUTHEAST AIRLS INC COM 048869101 9112 389800 SH SOLE 389800 0 0
AU BON PAIN INC CL A 050103100 3100 400000 SH SOLE 400000 0 0
AUGAT INC COM 051042109 927 49100 SH SOLE 49100 0 0
AUSPEX SYS INC COM 052116100 13281 850000 SH SOLE 850000 0 0
AUTOIMMUNE INC COM 052776101 9453 605000 SH SOLE 605000 0 0
AUTOTOTE CORP CL A 053323101 12296 2810500 SH SOLE 2810500 0 0
AZTAR CORP COM 054802103 8674 1035700 SH SOLE 1035700 0 0
BHC FINL INC COM 05544W101 968 60000 SH SOLE 60000 0 0
BJ SVCS CO COM 055482103 20445 809700 SH SOLE 809700 0 0
BMC SOFTWARE INC COM 055921100 1150 25000 SH SOLE 25000 0 0
BW/IP INC CL A 056044100 7277 407100 SH SOLE 407100 0 0
BACHMAN INFORMATION SYS INC COM 056359102 5623 865000 SH SOLE 865000 0 0
BAKER HUGHES INC COM 057224107 67396 3307800 SH SOLE 3307800 0 0
BAKER J INC COM 057232100 5785 712000 SH SOLE 712000 0 0
BALDWIN PIANO & ORGAN CO COM 058246109 3825 300000 SH SOLE 300000 0 0
BALLARD MED PRODS COM 058566100 34015 2061500 SH SOLE 2061500 0 0
BANCO COMERCIAL PORTUGUES S A SPNSRD ADR NEW 059479303 471 35734 SH SOLE 35734 0 0
BANCTEC INC COM 059784108 3225 150000 SH SOLE 150000 0 0
BANKAMERICA CORP COM 066050105 23950 400000 SH SOLE 400000 0 0
BANNER AEROSPACE INC COM 066525106 9320 1775200 SH SOLE 1775200 0 0
BANYAN SYS INC COM 066908104 2025 200000 SH SOLE 200000 0 0
BARD C R INC COM 067383109 12240 401300 SH SOLE 401300 0 0
BAREFOOT INC COM 067512103 13519 1030000 SH SOLE 1030000 0 0
BARRICK GOLD CORP COM 067901108 10350 400000 SH SOLE 400000 0 0
BAXTER INTL INC COM 071813109 201031 4888300 SH SOLE 4888300 0 0
BE AEROSPACE INC COM 073302101 13274 1585000 SH SOLE 1585000 0 0
BEARINGS INC OHIO COM NEW 074005208 847 25000 SH SOLE 25000 0 0
BELL SPORTS CORP COM 077903102 3225 300000 SH SOLE 300000 0 0
BELLSOUTH CORP COM 079860102 25594 350000 SH SOLE 350000 0 0
BEMIS INC COM 081437105 21484 777700 SH SOLE 777700 0 0
BEN FRANKLIN RETAIL STORES INC COM 081499105 1486 396143 SH SOLE 396143 0 0
BERGEN BRUNSWIG CORP CL A 083739102 8379 392020 SH SOLE 392020 0 0
BERRY PETE CO CL A 085789105 2327 227000 SH SOLE 227000 0 0
<PAGE> PAGE 4
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BEST BUY INC COM 086516101 2625 100000 SH SOLE 100000 0 0
BET HLDGS INC CL A 086585106 1474 73700 SH SOLE 73700 0 0
BETHLEHEM STL CORP COM 087509105 23425 1658400 SH SOLE 1658400 0 0
BIOMET INC COM 090613100 13973 810000 SH SOLE 810000 0 0
BIRMINGHAM STL CORP COM 091250100 19070 1089700 SH SOLE 1089700 0 0
BLYTH HLDGS INC COM 096434105 1942 660834 SH SOLE 660834 0 0
BOEING CO COM 097023105 153303 2246200 SH SOLE 2246200 0 0
BOISE CASCADE OFFICE PRODS COM 097403109 1110 40000 SH SOLE 40000 0 0
BOMBAY CO INC COM 097924104 28381 3493100 SH SOLE 3493100 0 0
BOOMTOWN INC COM 098588106 8578 915000 SH SOLE 915000 0 0
BOSTON CHICKEN INC COM 100578103 5225 200000 SH SOLE 200000 0 0
BOWATER INC COM 102183100 61878 1327150 SH SOLE 1327150 0 0
BOYD GAMING CORP COM 103304101 2975 200000 SH SOLE 200000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 30673 420900 SH SOLE 420900 0 0
BRITISH PETE PLC AMERN SH 110889409 86454 961933 SH SOLE 961933 0 0
BROADBAND TECHNOLOGIES INC COM 111309100 6450 300000 SH SOLE 300000 0 0
BROOKTREE CORP COM 114577109 10480 524000 SH SOLE 524000 0 0
BROWNING FERRIS INDS COM 115885105 130403 4293100 SH SOLE 4293100 0 0
BRUSH WELLMAN INC COM 117421107 16465 890000 SH SOLE 890000 0 0
BUFFETS INC COM 119882108 6250 500000 SH SOLE 500000 0 0
BURLINGTON RES INC COM 122014103 23250 600000 SH SOLE 600000 0 0
C ATS SOFTWARE INC COM 124778101 3941 463700 SH SOLE 463700 0 0
CMAC INVT CORP COM 125662106 15788 300000 SH SOLE 300000 0 0
CML GROUP INC COM 125820100 34713 4872000 SH SOLE 4872000 0 0
CMS ENERGY CORP COM 125896100 31077 1183900 SH SOLE 1183900 0 0
CPB INC COM 125903104 8800 275000 SH SOLE 275000 0 0
CPC INTL INC COM 126149103 175834 2664150 SH SOLE 2664150 0 0
CABOT OIL & GAS CORP CL A 127097103 16230 1191200 SH SOLE 1191200 0 0
CAERE CORP COM 127646107 12969 1250000 SH SOLE 1250000 0 0
CAIRN ENERGY USA INC COM 127762102 2933 230000 SH SOLE 230000 0 0
CALGON CARBON CORP COM 129603106 21251 1808600 SH SOLE 1808600 0 0
CALIFORNIA MICROWAVE INC COM 130442106 2677 106000 SH SOLE 106000 0 0
CAMBRIDGE NEUROSCIENCE INC COM 132426107 8028 845000 SH SOLE 845000 0 0
CAPITAL GTY CORP COM 14018K106 8900 400000 SH SOLE 400000 0 0
CARBIDE/GRAPHITE GROUP INC COM 140777103 3531 250000 SH SOLE 250000 0 0
CARAUSTAR INDS INC COM 140909102 500 25000 SH SOLE 25000 0 0
CAREMARK INTL INC COM 141704106 27359 1272500 SH SOLE 1272500 0 0
CARTER WALLACE INC COM 146285101 38954 3116300 SH SOLE 3116300 0 0
CASE CORP COM 14743R103 3749 102000 SH SOLE 102000 0 0
CASINO MAGIC CORP COM 147590103 7322 1346500 SH SOLE 1346500 0 0
CATERPILLAR INC DEL COM 149123101 130744 2298800 SH SOLE 2298800 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 4276 135200 SH SOLE 135200 0 0
CELADON GROUP INC COM 150838100 4537 449500 SH SOLE 449500 0 0
CELLSTAR CORP COM 150925105 17625 564000 SH SOLE 564000 0 0
CELEX GROUP INC COM 151019106 2619 402900 SH SOLE 402900 0 0
CELLPRO INC COM 151156106 3949 292500 SH SOLE 292500 0 0
CENTOCOR INC COM 152342101 52744 4850000 SH SOLE 4850000 0 0
CEPHALON INC COM 156708109 8250 300000 SH SOLE 300000 0 0
CERNER CORP COM 156782104 685 20000 SH SOLE 20000 0 0
CHAPARRAL STL CO COM 159422104 6509 605500 SH SOLE 605500 0 0
<PAGE> PAGE 5
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CHARMING SHOPPES INC COM 161133103 5080 1128800 SH SOLE 1128800 0 0
CHARTER MED CORP COM 161241708 32886 1604200 SH SOLE 1604200 0 0
CHELSEA GCA RLTY INC COM 163262108 12040 403000 SH SOLE 403000 0 0
CHEYENNE SOFTWARE INC COM 166888107 46500 2325000 SH SOLE 2325000 0 0
CHIPCOM CORP COM 169617107 18430 380000 SH SOLE 380000 0 0
CHIQUITA BRANDS INTL INC PFD A NON VTG 170032403 6953 135000 SH SOLE 135000 0 0
CIRCON CORP COM 172736100 8050 400000 SH SOLE 400000 0 0
CIRCUS CIRCUS ENTERPRISES INC COM 172909103 48389 1720500 SH SOLE 1720500 0 0
COASTAL PHYSICIAN GROUP INC COM 190495101 15297 874100 SH SOLE 874100 0 0
COCA COLA CO COM 191216100 182850 2650000 SH SOLE 2650000 0 0
COFLEXIP SPONSORED ADR 192384105 1262 82109 SH SOLE 82109 0 0
COLGATE PALMOLIVE CO COM 194162103 37263 559300 SH SOLE 559300 0 0
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 21438 440880 SH SOLE 440880 0 0
COMPDENT CORP COM 20449F103 5139 175700 SH SOLE 175700 0 0
COMPUTER ASSOC INTL INC COM 204912109 10563 250000 SH SOLE 250000 0 0
COMPUTER NETWORK TECHNOLOGY CP COM 204925101 1225 175000 SH SOLE 175000 0 0
COMPUWARE CORP COM 205638109 95418 4337200 SH SOLE 4337200 0 0
COMSAT CORP COM SER 1 20564D107 27976 1236500 SH SOLE 1236500 0 0
CONAGRA INC COM 205887102 27805 701700 SH SOLE 701700 0 0
CONE MLS CORP N C COM 206814105 28166 2105900 SH SOLE 2105900 0 0
CONNER PERIPHERALS INC COM 208108100 44743 2691300 SH SOLE 2691300 0 0
CONSOLIDATED GRAPHICS INC COM 209341106 4300 200000 SH SOLE 200000 0 0
CONSOLIDATED STORES CORP COM 210149100 13961 603700 SH SOLE 603700 0 0
CONSORCIO G GRUPO DINA S A CV SPONSORED ADR 210306106 6168 1762300 SH SOLE 1762300 0 0
CONTINUUM INC COM PAR $1 212180103 9417 245400 SH SOLE 245400 0 0
CONTROL DATA SYSTEMS INC COM 21238F106 15217 1255000 SH SOLE 1255000 0 0
COR THERAPEUTICS INC COM 217753102 5439 488900 SH SOLE 488900 0 0
CORDIANT PLC SPONSORED ADR 218514107 35698 7322711 SH SOLE 7322711 0 0
CORE INDS INC COM 218675106 7186 611600 SH SOLE 611600 0 0
CORNING INC COM 219350105 122372 4275000 SH SOLE 4275000 0 0
COTT CORP QUE COM 22163N106 13300 1400000 SH SOLE 1400000 0 0
COVENTRY CORP COM 222853103 39727 2011500 SH SOLE 2011500 0 0
CROP GROWERS CORP COM 227297108 1339 90800 SH SOLE 90800 0 0
CURATIVE TECHNOLOGIES INC COM 231264102 7063 500000 SH SOLE 500000 0 0
CUSTOM CHROME INC COM 231905100 9903 437700 SH SOLE 437700 0 0
CYBERONICS INC COM 23251P102 3590 718000 SH SOLE 718000 0 0
CYRIX CORP COM 232815100 4766 125000 SH SOLE 125000 0 0
CYTOGEN CORP COM 232824102 10914 2129500 SH SOLE 2129500 0 0
DALLAS SEMICONDUCTOR CORP COM 235204104 2124 103600 SH SOLE 103600 0 0
DAMES & MOORE INC COM 235713104 16563 1035200 SH SOLE 1035200 0 0
DANIEL INDS DEL COM 236235107 12132 815600 SH SOLE 815600 0 0
DANKA BUSINESS SYS PLC SPONSORED ADR 236277109 14580 405000 SH SOLE 405000 0 0
DARDEN RESTAURANTS INC COM 237194105 46460 4040000 SH SOLE 4040000 0 0
DATASCOPE CORP COM 238113104 17949 865000 SH SOLE 865000 0 0
DENTSPLY INTL INC NEW COM 249030107 36204 1049400 SH SOLE 1049400 0 0
DETROIT DIESEL CORP COM 250837101 6489 309000 SH SOLE 309000 0 0
DIALOGIC CORP COM 252499108 4950 200000 SH SOLE 200000 0 0
DIAMETRICS MED INC COM 252532106 11148 980000 SH SOLE 980000 0 0
DIANON SYS INC COM 252826102 1451 297700 SH SOLE 297700 0 0
DILLARD DEPT STORES INC CL A 254063100 6993 219400 SH SOLE 219400 0 0
<PAGE> PAGE 6
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DISNEY WALT CO DEL COM 254687106 42750 745100 SH SOLE 745100 0 0
DORSEY TRAILERS INC COM 258440106 1650 200000 SH SOLE 200000 0 0
DOW CHEM CO COM 260543103 54162 727000 SH SOLE 727000 0 0
DRESSER INDS INC COM 261597108 115884 4853800 SH SOLE 4853800 0 0
DREYERS GRAND ICE CREAM INC COM 261878102 16401 426000 SH SOLE 426000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 44688 650000 SH SOLE 650000 0 0
DUFF & PHELPS CORP COM 264322108 5447 500900 SH SOLE 500900 0 0
DURA PHARMACEUTICALS INC COM 26632S109 8925 300000 SH SOLE 300000 0 0
DURACRAFT CORP COM 266332105 11281 250000 SH SOLE 250000 0 0
DYNATECH CORP COM 268138104 11183 710000 SH SOLE 710000 0 0
E FOR M CORP COM 268446101 10060 1102500 SH SOLE 1102500 0 0
EG & G INC COM 268457108 10257 526000 SH SOLE 526000 0 0
E M C CORP MASS COM 268648102 110173 6078500 SH SOLE 6078500 0 0
EP TECHNOLOGY INC COM 268913100 6038 420000 SH SOLE 420000 0 0
EASTMAN KODAK CO COM 277461109 74951 1265000 SH SOLE 1265000 0 0
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 399 27500 SH SOLE 27500 0 0
ELECTRONIC ARTS INC COM 285512109 16538 450000 SH SOLE 450000 0 0
ELECTRONIC RETAILING SYS INTL COM 285825105 2550 600000 SH SOLE 600000 0 0
EMISPHERE TECHNOLOGIES INC COM 291345106 5000 500000 SH SOLE 500000 0 0
ENDOSONICS CORP COM 29264K105 5300 400000 SH SOLE 400000 0 0
ENERGY BIOSYSTEMS CORP COM 29265L102 8718 942500 SH SOLE 942500 0 0
ENERSIS S A SPONSORED ADR 29274F104 505 20000 SH SOLE 20000 0 0
ENGELHARD CORP COM 292845104 42442 1672600 SH SOLE 1672600 0 0
ENSERCH EXPLORATION INC COM 29356V100 22168 2111200 SH SOLE 2111200 0 0
ENTERRA CORP DEL COM 293805107 9209 418600 SH SOLE 418600 0 0
ENZON INC COM 293904108 8516 2271000 SH SOLE 2271000 0 0
ENVIRONMENTAL ELEMENTS CORP COM 293940102 1271 598200 SH SOLE 598200 0 0
ERICSSON L M TEL CO ADR CL B SEK10 294821400 171461 6998400 SH SOLE 6998400 0 0
ERICSSON L M TEL CO ADR REP DB2000 294821509 361 110000 SH SOLE 110000 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 8353 388500 SH SOLE 388500 0 0
EVANS & SUTHERLAND COMPUTER CP COM 299096107 15563 830000 SH SOLE 830000 0 0
EXABYTE CORP COM 300615101 26224 1942500 SH SOLE 1942500 0 0
EXIDE CORP COM 302051107 83250 1665000 SH SOLE 1665000 0 0
EXPEDITORS INTL WASH INC COM 302130109 3488 129200 SH SOLE 129200 0 0
EXXON CORP COM 302290101 97176 1345000 SH SOLE 1345000 0 0
F M C CORP COM NEW 302491303 168521 2217375 SH SOLE 2217375 0 0
FTP SOFTWARE INC COM 302660105 1665 60000 SH SOLE 60000 0 0
FEDERAL MOGUL CORP COM 313549107 8606 450000 SH SOLE 450000 0 0
FEDERAL NATL MTG ASSN COM 313586109 15544 150000 SH SOLE 150000 0 0
FEDERATED DEPT STORES INC DEL COM 31410H101 31604 1113800 SH SOLE 1113800 0 0
FERRO CORP COM 315405100 20437 821600 SH SOLE 821600 0 0
FIRST DATA CORP COM 319963104 19647 316887 SH SOLE 316887 0 0
FIRST FINL CORP WISC COM 320227101 1063 50000 SH SOLE 50000 0 0
FIRST NORTHERN SVGS BK S A COM 335833109 2584 166700 SH SOLE 166700 0 0
FISERV INC COM 337738108 361 12500 SH SOLE 12500 0 0
FLUOR CORP COM 343861100 35470 633400 SH SOLE 633400 0 0
FOAMEX INTL INC COM 344123104 3631 350000 SH SOLE 350000 0 0
FOREST LABS INC CL A 345838106 24920 560000 SH SOLE 560000 0 0
FORT HOWARD CORP NEW COM 347461105 92250 6000000 SH SOLE 6000000 0 0
FOSSIL INC COM 349882100 2641 201200 SH SOLE 201200 0 0
<PAGE> PAGE 7
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FOUNDATION HEALTH CORP COM 350401105 3374 88500 SH SOLE 88500 0 0
FOXMEYER HEALTH CORP COM 351904107 53777 2376867 SH SOLE 2376867 0 0
FRITZ COS INC COM 358846103 9579 130000 SH SOLE 130000 0 0
FRUIT OF THE LOOM INC CL A 359416104 4950 240000 SH SOLE 240000 0 0
FURON CO COM 361106107 8408 448400 SH SOLE 448400 0 0
FUSION SYSTEMS CORP COM 361129109 5850 200000 SH SOLE 200000 0 0
G & K SVCS INC CL A 361268105 4650 200000 SH SOLE 200000 0 0
GENCORP INC COM 368682100 783 73700 SH SOLE 73700 0 0
GENERAL DATACOMM INDS INC COM 369487103 2213 150000 SH SOLE 150000 0 0
GENERAL ELEC CO COM 369604103 135839 2130800 SH SOLE 2130800 0 0
GENERAL INSTR CORP NEW COM 370121105 23820 794000 SH SOLE 794000 0 0
GENERAL MLS INC COM 370334104 61046 1095000 SH SOLE 1095000 0 0
GENERAL MTRS CORP COM 370442105 39844 850000 SH SOLE 850000 0 0
GENERAL MTRS CORP CL E 370442402 125580 2760000 SH SOLE 2760000 0 0
GENERAL NUTRITION COS INC COM 37047F103 15925 350000 SH SOLE 350000 0 0
GENERAL RE CORP COM 370563108 188440 1247950 SH SOLE 1247950 0 0
GENTA INC COM 37245M108 3025 1100000 SH SOLE 1100000 0 0
GENSIA INC COM 372450106 17388 3161400 SH SOLE 3161400 0 0
GENZYME CORP COM GENL DIV 372917104 46748 806000 SH SOLE 806000 0 0
GENZYME CORP COM-TISSUE REP 372917401 9442 651189 SH SOLE 651189 0 0
GIBRALTAR STL CORP COM 37476F103 4334 321000 SH SOLE 321000 0 0
GIDDINGS & LEWIS INC WIS COM 375048105 38904 2231000 SH SOLE 2231000 0 0
GILLETTE CO COM 375766102 71819 1508000 SH SOLE 1508000 0 0
GLOBAL MARINE INC COM 379352404 4042 567300 SH SOLE 567300 0 0
GOODMARK FOODS INC COM 382387108 5367 290100 SH SOLE 290100 0 0
GRACO INC COM 384109104 23640 692750 SH SOLE 692750 0 0
GREENFIELD INDS INC COM 395058100 6150 200000 SH SOLE 200000 0 0
GROW BIZ INTL INC COM 399817105 2076 205000 SH SOLE 205000 0 0
GRUPO INDL DURANGO S A DE C V SPONSORED ADR 40048E109 3600 400000 SH SOLE 400000 0 0
GRUPO TELEVISA SA DE CV SPN ADR REPORD 40049J206 2916 145788 SH SOLE 145788 0 0
GUIDANT CORP COM 401698105 17186 587563 SH SOLE 587563 0 0
HMG WORLDWIDE CORP COM 404235103 1758 740000 SH SOLE 740000 0 0
HAEMONETICS CORP COM 405024100 60235 2618900 SH SOLE 2618900 0 0
HALLIBURTON CO COM 406216101 188543 4516000 SH SOLE 4516000 0 0
HANDLEMAN CO DEL COM 410252100 28019 3157100 SH SOLE 3157100 0 0
HANNA M A CO COM 410522106 659 25000 SH SOLE 25000 0 0
HANOVER DIRECT INC COM 410783104 56 28712 SH SOLE 28712 0 0
HANSON PLC SPONSORED ADR 411352305 55250 3400000 SH SOLE 3400000 0 0
HARDINGE INC COM 412324303 4397 167500 SH SOLE 167500 0 0
HARLEY DAVIDSON INC COM 412822108 81661 3350200 SH SOLE 3350200 0 0
HARMAN INTL INDS INC COM 413086109 15435 315000 SH SOLE 315000 0 0
HEALTHCARE SVCS GRP INC COM 421906108 8063 750000 SH SOLE 750000 0 0
HEINZ H J CO COM 423074103 12664 276800 SH SOLE 276800 0 0
HERSHEY FOODS CORP COM 427866108 40447 628300 SH SOLE 628300 0 0
HEWLETT PACKARD CO COM 428236103 49191 590000 SH SOLE 590000 0 0
HEXCEL CORP NEW COM 428291108 16911 1591613 SH SOLE 1591613 0 0
HOLLYWOOD ENTMT CORP COM 436141105 6431 300000 SH SOLE 300000 0 0
HOLLYWOOD PK INC NEW COM 436255103 21462 1752000 SH SOLE 1752000 0 0
HOME DEPOT INC COM 437076102 47870 1200500 SH SOLE 1200500 0 0
HONEYWELL INC COM 438506107 17150 400000 SH SOLE 400000 0 0
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HONG KONG TELECOMMUNICATIONS SPONSORED ADR 438579203 2962 162300 SH SOLE 162300 0 0
HORIZON/CMS HEALTHCARE CORP COM 440400109 44980 1977128 SH SOLE 1977128 0 0
HORNBECK OFFSHORE SVCS INC COM 440542108 11662 752400 SH SOLE 752400 0 0
ICN PHARMACEUTICALS INC NEW SB NT CV 8.5%9 448924AA8 10350 9000000 SH SOLE 9000000 0 0
HYPERION SOFTWARE INC COM 44914Q105 17025 300000 SH SOLE 300000 0 0
ICC TECHNOLOGIES INC COM NEW 449238203 7214 458000 SH SOLE 458000 0 0
ICF KAISER INTL INC COM 449244102 8735 2055200 SH SOLE 2055200 0 0
IDEC PHARMACEUTICALS CORP COM 449370105 4725 600000 SH SOLE 600000 0 0
IFR SYSTEMS INC COM 449507102 4824 470600 SH SOLE 470600 0 0
IPC INFORMATION SYS INC COM 44980K107 9704 570800 SH SOLE 570800 0 0
IDEXX LABS CORP COM 45168D104 373 10000 SH SOLE 10000 0 0
ILLINOIS TOOL WKS INC COM 452308109 35437 601900 SH SOLE 601900 0 0
IMMULOGIC PHARMACEUTICAL CORP COM 45252R100 20396 1665000 SH SOLE 1665000 0 0
IMMUNOGEN INC COM 45253H101 1625 500000 SH SOLE 500000 0 0
IMO INDS INC COM 452540107 15327 1657000 SH SOLE 1657000 0 0
IN FOCUS SYS INC COM 452919103 4925 200000 SH SOLE 200000 0 0
INACOM CORP COM 45323G109 3679 270000 SH SOLE 270000 0 0
INCO LTD COM 453258402 6062 177000 SH SOLE 177000 0 0
INFORMATION RES INC COM 456905108 35477 2652500 SH SOLE 2652500 0 0
INSITE VISION INC COM 457660108 1664 355000 SH SOLE 355000 0 0
INSTENT INC COM 45774D100 2168 133400 SH SOLE 133400 0 0
ISTITUTO MOBILIARE ITALIANO SPONSORED ADR 45777M107 1123 62820 SH SOLE 62820 0 0
INSURANCE AUTO AUCTIONS INC COM 457875102 9250 1000000 SH SOLE 1000000 0 0
INTEGRATED MEASUREMENT SYS INC COM 457923100 2009 151600 SH SOLE 151600 0 0
INPHYNET MEDICAL MGMT INC COM 457971109 1688 90000 SH SOLE 90000 0 0
INTEGRA LIFESCIENCES CORP COM 457985109 2594 324198 SH SOLE 324198 0 0
INTER REGL FINL GROUP INC COM 458351103 1692 47000 SH SOLE 47000 0 0
INTERFILM INC COM 45866R108 306 188300 SH SOLE 188300 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 192789 2040100 SH SOLE 2040100 0 0
INTERNATIONAL GAME TECHNOLOGY COM 459902102 53528 3965000 SH SOLE 3965000 0 0
INTERNATIONAL MULTIFOODS CORP COM 460043102 25199 1172050 SH SOLE 1172050 0 0
INTL PAPER CO COM 460146103 114710 2731200 SH SOLE 2731200 0 0
INTERNATIONAL TECHNOLOGY CORP COM 460465107 11903 3526800 SH SOLE 3526800 0 0
INTERSOLV INC COM 46070J106 11008 547000 SH SOLE 547000 0 0
ISIS PHARMACEUTICALS INC COM 464330109 1744 150000 SH SOLE 150000 0 0
ISOLYSER INC COM 464888106 3413 100000 SH SOLE 100000 0 0
ISTITUTO NAZIONALE DELLE ASSIG SPONSORED ADR 465234102 4029 297100 SH SOLE 297100 0 0
ITRON INC COM 465741106 8880 320000 SH SOLE 320000 0 0
JASON INC COM 471171108 16508 1942175 SH SOLE 1942175 0 0
JEFFERSON SMURFIT CORP NEW COM 475087102 17538 1150000 SH SOLE 1150000 0 0
JOHNSON & JOHNSON COM 478160104 111862 1509100 SH SOLE 1509100 0 0
K MART CORP COM 482584109 42663 2942300 SH SOLE 2942300 0 0
KANEB SERVICES INC COM 484170105 7928 3171000 SH SOLE 3171000 0 0
KEANE INC COM 486665102 34968 1211000 SH SOLE 1211000 0 0
KENETECH CORP COM 488878109 20544 3572800 SH SOLE 3572800 0 0
KENT ELECTRS CORP COM 490553104 17550 400000 SH SOLE 400000 0 0
KENTUCKY ELEC STL INC COM 49127B100 4106 450000 SH SOLE 450000 0 0
KOHLS CORP COM 500255104 20750 400000 SH SOLE 400000 0 0
KULICKE & SOFFA INDS INC COM 501242101 365 10000 SH SOLE 10000 0 0
KYSOR INDL CORP DEL COM 501566103 7069 325000 SH SOLE 325000 0 0
<PAGE> PAGE 9
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LTV CORP NEW COM 501921100 15498 1107000 SH SOLE 1107000 0 0
LSI INDS INC COM 50216C108 3071 157500 SH SOLE 157500 0 0
LTX CORP COM 502392103 13837 1096000 SH SOLE 1096000 0 0
LA JOLLA PHARMACEUTICAL CO COM 503459109 5113 1022500 SH SOLE 1022500 0 0
LADY LUCK GAMING CORP COM 505820100 5010 2505000 SH SOLE 2505000 0 0
LANDMARK GRAPHICS CORP COM 514913102 42282 1500000 SH SOLE 1500000 0 0
LANDSTAR SYS INC COM 515098101 7238 300000 SH SOLE 300000 0 0
LAWTER INTL INC COM 520786104 6206 551600 SH SOLE 551600 0 0
LEARONAL INC COM 522016104 1082 48637 SH SOLE 48637 0 0
LECHTERS CORP COM 523238103 10120 920000 SH SOLE 920000 0 0
LIFE PARTNERS GROUP INC COM 532157104 18880 1094500 SH SOLE 1094500 0 0
LIFE TECHNOLOGIES INC COM 532177201 29362 1108000 SH SOLE 1108000 0 0
LIGAND PHARMACEUTICALS INC CL B 53220K207 7088 717800 SH SOLE 717800 0 0
LILLY ELI & CO COM 532457108 18996 211362 SH SOLE 211362 0 0
LIPOSOME CO INC COM 536310105 25688 1522270 SH SOLE 1522270 0 0
LITTLE SWITZ INC COM 537528101 3260 815000 SH SOLE 815000 0 0
LONE STAR STEAKHOUSE SALOON COM 542307103 7585 185000 SH SOLE 185000 0 0
MCI COMMUNICATIONS CORP COM 552673105 40919 1570000 SH SOLE 1570000 0 0
MTS SYS CORP COM 553777103 11306 400200 SH SOLE 400200 0 0
MAGNETEK INC COM 559424106 9518 769100 SH SOLE 769100 0 0
MALLINCKRODT GROUP INC COM 561226101 66832 1686600 SH SOLE 1686600 0 0
MANITOWOC INC COM 563571108 11258 380000 SH SOLE 380000 0 0
MANUGISTICS GROUP INC COM 565011103 2269 150000 SH SOLE 150000 0 0
MARCUS CORP COM 566330106 1652 46700 SH SOLE 46700 0 0
MARINER HEALTH GROUP INC COM 56845J109 28000 1982300 SH SOLE 1982300 0 0
MARQUETTE ELECTRS INC CL A 571474105 11859 708000 SH SOLE 708000 0 0
MARTEK BIOSCIENCES CORP COM 572901106 5566 342500 SH SOLE 342500 0 0
MASCOTECH INC COM 574670105 11250 1000000 SH SOLE 1000000 0 0
MASLAND CORP COM 574806105 1488 100000 SH SOLE 100000 0 0
MATERIAL SCIENCIES CORP COM 576674105 10774 611300 SH SOLE 611300 0 0
MATRIX PHARMACEUTICAL INC COM 576844104 1267 90500 SH SOLE 90500 0 0
MATTEL INC COM 577081102 1056 35937 SH SOLE 35937 0 0
MAXTOR CORP COM 577729106 13203 3017800 SH SOLE 3017800 0 0
MAY DEPT STORES CO COM 577778103 71531 1635000 SH SOLE 1635000 0 0
MCDONALDS CORP COM 580135101 146096 3819500 SH SOLE 3819500 0 0
MEAD CORP COM 582834107 79865 1362300 SH SOLE 1362300 0 0
MEASUREX CORP COM 583432109 3083 90000 SH SOLE 90000 0 0
MEDALIST INDS INC COM 584020101 2786 377800 SH SOLE 377800 0 0
MEDCO RESH INC COM 584059109 13836 1095900 SH SOLE 1095900 0 0
MEDIMMUNE INC COM 584699102 16220 1458000 SH SOLE 1458000 0 0
MEDTRONIC INC COM 585055106 108000 2000000 SH SOLE 2000000 0 0
MENTOR GRAPHICS CORP COM 587200106 85919 4115900 SH SOLE 4115900 0 0
MERCK & CO INC COM 589331107 82460 1472500 SH SOLE 1472500 0 0
MERISEL INC COM 589849108 17550 2925000 SH SOLE 2925000 0 0
MESA AIRLS INC COM 590481107 32520 3192000 SH SOLE 3192000 0 0
METATEC CORP COM 591398102 5375 430000 SH SOLE 430000 0 0
METRA BIOSYSTEMS INC COM 591591102 1481 75000 SH SOLE 75000 0 0
METROCALL INC COM 591647102 5633 203000 SH SOLE 203000 0 0
MICHAEL FOODS INC COM 594074106 24008 1795000 SH SOLE 1795000 0 0
MICROS SYS INC COM 594901100 25701 718900 SH SOLE 718900 0 0
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MICROPOLIS CORP COM 594907107 8573 1491000 SH SOLE 1491000 0 0
MICROSOFT CORP COM 594918104 103170 1140000 SH SOLE 1140000 0 0
MICROTEC RESH INC COM 594950107 326 29000 SH SOLE 29000 0 0
MICROSEMI CORP COM 595137100 382 32500 SH SOLE 32500 0 0
MICROTOUCH SYS INC COM 595145103 8500 500000 SH SOLE 500000 0 0
MID ATLANTIC MED SVCS INC COM 59523C107 2447 124700 SH SOLE 124700 0 0
MIDISOFT CORP COM 597413103 2090 380000 SH SOLE 380000 0 0
MILLS CORP COM 601148109 13594 750000 SH SOLE 750000 0 0
MINNTECH CORP COM 604258103 5726 347000 SH SOLE 347000 0 0
MIRAGE RESORTS INC COM 60462E104 32875 1000000 SH SOLE 1000000 0 0
MOBIL CORP COM 607059102 82898 832100 SH SOLE 832100 0 0
MOBILE TELECOMMUNICATIONS TECH COM 607406105 8305 269000 SH SOLE 269000 0 0
MODINE MFG CO COM 607828100 4115 144400 SH SOLE 144400 0 0
MOHAWK INDS INC COM 608190104 34309 1960500 SH SOLE 1960500 0 0
MOLECULAR BIOSYSTEMS INC COM 608513107 10618 1196450 SH SOLE 1196450 0 0
MOLECULAR DYNAMICS INC COM 608514105 4760 595000 SH SOLE 595000 0 0
MOLTEN METAL TECHNOLOGY INC COM 608712105 19347 597600 SH SOLE 597600 0 0
MONSANTO CO COM 611662107 15113 150000 SH SOLE 150000 0 0
MORGAN STANLEY EMERGING MKTS COM 61744G107 11036 700729 SH SOLE 700729 0 0
MOTOROLA INC COM 620076109 78666 1030000 SH SOLE 1030000 0 0
MULTICARE COS INC COM 62543V105 5813 250000 SH SOLE 250000 0 0
MUSICLAND STORES CORP COM 62758B109 16031 1886000 SH SOLE 1886000 0 0
MYCOGEN CORP COM 628452104 24871 1808800 SH SOLE 1808800 0 0
NS GROUP INC COM 628916108 4093 1364400 SH SOLE 1364400 0 0
NGC CORP COM 629121104 13500 1500000 SH SOLE 1500000 0 0
NPS PHARMACEUTICALS INC COM 62936P103 5160 645000 SH SOLE 645000 0 0
NASH FINCH CO COM 631158102 2000 100000 SH SOLE 100000 0 0
NATIONAL COMPUTER SYS INC COM 635519101 19243 895000 SH SOLE 895000 0 0
NATIONAL GOLF PPTYS INC COM 63623G109 3281 150000 SH SOLE 150000 0 0
NATIONAL SEMICONDUCTOR CORP COM 637640103 3674 133000 SH SOLE 133000 0 0
NATIONSBANK CORP COM 638585109 20175 300000 SH SOLE 300000 0 0
NEIMAN MARCUS GROUP INC COM 640204103 11134 618558 SH SOLE 618558 0 0
NERA AS SPONSORED ADR 640806105 5156 150000 SH SOLE 150000 0 0
NETWORK COMPUTING DEVICES INC COM 64120N100 9130 1328000 SH SOLE 1328000 0 0
NETWORK PERIPHERALS INC COM 64121R100 4725 300000 SH SOLE 300000 0 0
NEUROGEN CORP COM 64124E106 1780 80000 SH SOLE 80000 0 0
NEWELL CO COM 651192106 67043 2708800 SH SOLE 2708800 0 0
NEWFIELD EXPL CO COM 651290108 3013 100000 SH SOLE 100000 0 0
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 30556 2284560 SH SOLE 2284560 0 0
NEWMONT MINING CORP COM 651639106 100200 2357642 SH SOLE 2357642 0 0
NEWPARK RES INC COM PAR $.01NE 651718504 7000 400000 SH SOLE 400000 0 0
NEWPORT CORP COM 651824104 2350 254000 SH SOLE 254000 0 0
NEWS CORP LTD ADR NEW 652487703 73159 3325400 SH SOLE 3325400 0 0
NEWS CORP LTD SPON ADR PFD A 652487802 582 29300 SH SOLE 29300 0 0
NEXSTAR PHARMACEUTICALS INC COM 65333B106 13201 895000 SH SOLE 895000 0 0
NOBLE DRILLING CORP COM 655042109 25575 3300000 SH SOLE 3300000 0 0
NORTHFIELD LABS INC COM 666135108 12210 660000 SH SOLE 660000 0 0
NORTHLAND CRANBERRIES INC CL A 666499108 9365 539000 SH SOLE 539000 0 0
NOVACARE CORP COM 669930109 32851 4380100 SH SOLE 4380100 0 0
NOVELL INC COM 670006105 136797 7495700 SH SOLE 7495700 0 0
<PAGE> PAGE 11
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NOVEN PHARMACEUTICALS INC COM 670009109 6908 642600 SH SOLE 642600 0 0
NUCOR CORP COM 670346105 24800 554200 SH SOLE 554200 0 0
OEC-MEDICAL SYS INC COM 670828102 9628 1185000 SH SOLE 1185000 0 0
OHM CORP COM 670839109 10710 1190000 SH SOLE 1190000 0 0
OCEANEERING INTL INC COM 675232102 24468 2249900 SH SOLE 2249900 0 0
OCTEL COMMUNICATIONS CORP COM 675724108 33393 957500 SH SOLE 957500 0 0
OLYMPIC STEEL INC COM 68162K106 2118 220000 SH SOLE 220000 0 0
OMNICARE INC COM 681904108 17940 460000 SH SOLE 460000 0 0
ONCOR INC COM 682311105 7438 1000000 SH SOLE 1000000 0 0
OPTA FOOD INGREDIENTS INC COM 68381N105 6379 405000 SH SOLE 405000 0 0
ORACLE CORP COM 68389X105 46913 1222500 SH SOLE 1222500 0 0
ORBITAL SCIENCES CORP COM 685564106 3408 209700 SH SOLE 209700 0 0
OREGON STL MLS INC COM 686079104 21189 1324300 SH SOLE 1324300 0 0
OSTEX INTL INC COM 68859Q101 2685 120000 SH SOLE 120000 0 0
OUTBOARD MARINE CORP COM 690020102 1204 56000 SH SOLE 56000 0 0
OWENS & MINOR INC NEW COM 690732102 16259 1275200 SH SOLE 1275200 0 0
OWENS CORNING FIBERGLAS CORP COM NEW 690734207 49088 1100000 SH SOLE 1100000 0 0
PLC SYS INC COM 69341D104 5822 291100 SH SOLE 291100 0 0
PMI GROUP INC COM 69344M101 7106 150000 SH SOLE 150000 0 0
PAGING NETWORK INC COM 695542100 12000 250000 SH SOLE 250000 0 0
PARCPLACE-DIGITALK INC COM 699421103 7613 725000 SH SOLE 725000 0 0
PARKER & PARSLEY PETE CO COM 701018103 2500 125000 SH SOLE 125000 0 0
PARKER DRILLING CO COM 701081101 14148 2358000 SH SOLE 2358000 0 0
PATTERSON DENTAL CO COM 703412106 8774 331100 SH SOLE 331100 0 0
PAXAR CORP COM 704227107 5155 374875 SH SOLE 374875 0 0
PAYCO AMERN CORP COM 704327105 8554 957000 SH SOLE 957000 0 0
PAYLESS CASHWAYS INC COM NEW 704378306 21336 3969500 SH SOLE 3969500 0 0
PEC ISRAEL ECONOMIC CORP COM 705098101 13370 534800 SH SOLE 534800 0 0
PEPSICO INC COM 713448108 249064 4883600 SH SOLE 4883600 0 0
PERFORMANCE FOOD GROUP CO COM 713755106 6033 259500 SH SOLE 259500 0 0
PERRIGO CO COM 714290103 2185 178400 SH SOLE 178400 0 0
PETROLEUM GEO-SVCS A/S SPONSORED ADR 716597109 56421 2302900 SH SOLE 2302900 0 0
PFIZER INC COM 717081103 179073 3355000 SH SOLE 3355000 0 0
PHELPS DODGE CORP COM 717265102 63691 1015000 SH SOLE 1015000 0 0
PHILIP MORRIS COS INC COM 718154107 175434 2101000 SH SOLE 2101000 0 0
PHYSICIAN COMPUTER NETWORK INC COM 71940K109 17509 3335000 SH SOLE 3335000 0 0
PINKERTONS INC NEW COM 723429106 5100 255000 SH SOLE 255000 0 0
PIXTECH INC COM 72583K109 301 32500 SH SOLE 32500 0 0
PLAINTREE SYS INC COM 72663E106 8598 1011500 SH SOLE 1011500 0 0
PLANAR SYS INC COM 726900103 14045 693600 SH SOLE 693600 0 0
PLATINUM TECHNOLOGY INC COM 72764T101 17721 854000 SH SOLE 854000 0 0
PLAYTEX PRODS INC COM 72813P100 8794 1019600 SH SOLE 1019600 0 0
PLY GEM INDS INC COM 729416107 17609 926800 SH SOLE 926800 0 0
POLARIS INDS INC COM 731068102 4413 100000 SH SOLE 100000 0 0
POPE & TALBOT INC COM 732827100 7654 493800 SH SOLE 493800 0 0
PRESIDENT CASINOS INC COM 740822101 5465 1366350 SH SOLE 1366350 0 0
PRICE/COSTCO INC COM 74143W102 44354 2590000 SH SOLE 2590000 0 0
PRIMADONNA RESORTS INC COM 741548101 1296 85000 SH SOLE 85000 0 0
PRIME HOSPITALITY CORP COM 741917108 7323 714461 SH SOLE 714461 0 0
PROCTER & GAMBLE CO COM 742718109 139855 1816300 SH SOLE 1816300 0 0
<PAGE> PAGE 12
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PROGRESS SOFTWARE CORP COM 743312100 23785 355000 SH SOLE 355000 0 0
PROVIDIAN CORP COM 744061102 37350 900000 SH SOLE 900000 0 0
PROXIMA CORP COM 744287103 5520 320000 SH SOLE 320000 0 0
PYXIS CORP COM 747251106 12594 650000 SH SOLE 650000 0 0
QUALCOMM INC COM 747525103 1376 30000 SH SOLE 30000 0 0
QUANTUM CORP COM 747906105 5797 265000 SH SOLE 265000 0 0
QUICKTURN DESIGN SYS INC COM 74838E102 4669 450000 SH SOLE 450000 0 0
QUIXOTE CORP COM 749056107 5580 455500 SH SOLE 455500 0 0
QUORUM HEALTH GROUP INC COM 749084109 5516 243809 SH SOLE 243809 0 0
RAILTEX INC COM 750766107 5400 270000 SH SOLE 270000 0 0
RALCORP HLDGS INC COM 751025107 23434 991900 SH SOLE 991900 0 0
RAYCHEM CORP DEL COM 754603108 18000 400000 SH SOLE 400000 0 0
RECOTON CORP COM 756268108 6050 220000 SH SOLE 220000 0 0
REGAL BELOIT CORP COM 758750103 15196 815900 SH SOLE 815900 0 0
RETIX COM 76129Y101 7220 1561000 SH SOLE 1561000 0 0
REXENE CORP NEW COM 761683101 20386 1735000 SH SOLE 1735000 0 0
RHONE POULENC RORER INC COM 76242T104 40950 900000 SH SOLE 900000 0 0
RIGHTCHOICE MANAGED CARE INC CL A 76657K101 2231 150000 SH SOLE 150000 0 0
RIVAL CO COM 768020109 5670 280000 SH SOLE 280000 0 0
RIVIANA FOODS INC COM 769536103 3188 250000 SH SOLE 250000 0 0
ROBERTS PHARMACEUTICAL CORP COM 770491108 470 20000 SH SOLE 20000 0 0
ROCK BOTTOM RESTURANTS INC COM 771833100 2438 150000 SH SOLE 150000 0 0
ROHR INC COM 775422108 2347 144400 SH SOLE 144400 0 0
ROLLINS ENVIRONMENTAL SVCS INC COM 775709108 29088 5966800 SH SOLE 5966800 0 0
ROWAN COS INC COM 779382100 40732 5430900 SH SOLE 5430900 0 0
ROYAL DUTCH PETE CO NY REG GLDR 5 780257705 182235 1484600 SH SOLE 1484600 0 0
RUBBERMAID INC COM 781088109 23896 865000 SH SOLE 865000 0 0
SBC COMMUNICATIONS INC COM 78387G103 55000 1000000 SH SOLE 1000000 0 0
SCI SYS INC COM 783890106 13879 402300 SH SOLE 402300 0 0
SFX BROADCASTING INC CL A 784174104 1995 70000 SH SOLE 70000 0 0
SPX CORP COM 784635104 18638 1253000 SH SOLE 1253000 0 0
SAFETY 1ST INC COM 786475103 4781 225000 SH SOLE 225000 0 0
SAFETY KLEEN CORP COM 786484105 17769 1215000 SH SOLE 1215000 0 0
SAFEWAY INC COM NEW 786514208 33638 805700 SH SOLE 805700 0 0
SANCTUARY WOODS MULTIMEDIA CP COM 79971E108 12845 1835000 SH SOLE 1835000 0 0
SANTA CRUZ OPERATION INC COM 801833104 3266 390000 SH SOLE 390000 0 0
SARA LEE CORP COM 803111103 16363 550000 SH SOLE 550000 0 0
SCHLUMBERGER LTD COM 806857108 46037 704200 SH SOLE 704200 0 0
SCHULER HOMES INC COM 808188106 13764 1184000 SH SOLE 1184000 0 0
SCIOS NOVA INC COM 808905103 8288 2009100 SH SOLE 2009100 0 0
SCITEX LTD ORD 809090103 6944 367900 SH SOLE 367900 0 0
SCOTT PAPER CO COM 809877103 142386 2935800 SH SOLE 2935800 0 0
SEAGRAM LTD COM 811850106 5740 160000 SH SOLE 160000 0 0
SEAGULL ENERGY CORP COM 812007102 15815 781000 SH SOLE 781000 0 0
SEAMAN FURNITURE CO INC COM PAR $0.01 812163301 189 10500 SH SOLE 10500 0 0
SEARS ROEBUCK & CO COM 812387108 14750 400000 SH SOLE 400000 0 0
SENSORMATIC ELECTRS CORP COM 817265101 137627 5983800 SH SOLE 5983800 0 0
SEQUENT COMPUTER SYS INC COM 817338106 6769 340600 SH SOLE 340600 0 0
SERVICE MERCHANDISE INC COM 817587108 53559 7517000 SH SOLE 7517000 0 0
SHAMAN PHARMACEUTICALS INC COM 819319104 7901 1290000 SH SOLE 1290000 0 0
<PAGE> PAGE 13
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SHAW INDS INC COM 820286102 22975 1557600 SH SOLE 1557600 0 0
SHELL TRANS & TRADING PLC NEW YRK SH NEW 822703609 4441 62000 SH SOLE 62000 0 0
SHOPKO STORES INC COM 824911101 8091 653800 SH SOLE 653800 0 0
SHONEYS INC COM 825039100 12352 1122900 SH SOLE 1122900 0 0
SHOWBOAT INC COM 825390107 19705 911200 SH SOLE 911200 0 0
SIGMA ALDRICH CORP COM 826552101 19400 400000 SH SOLE 400000 0 0
SILICON VY GROUP INC COM 827066101 2318 60000 SH SOLE 60000 0 0
SINGER CO N V COM 82930F109 15975 600000 SH SOLE 600000 0 0
SIZZLER INTL INC COM 830139101 15488 2753400 SH SOLE 2753400 0 0
SMART & FINAL INC COM 831683107 9081 468700 SH SOLE 468700 0 0
SMITH A O COM 831865209 2489 96200 SH SOLE 96200 0 0
SMITH INTL INC COM 832110100 2799 161100 SH SOLE 161100 0 0
SMITHKLINE BEECHAM PLC ADR REP EQT UT 832378400 30375 600000 SH SOLE 600000 0 0
SOFTWARE SPECTRUM INC COM 833960107 3078 125000 SH SOLE 125000 0 0
SOFAMOR/DANEK GROUP INC COM 834005100 9968 359200 SH SOLE 359200 0 0
SOFTKEY INTL INC COM 83402N109 14824 335000 SH SOLE 335000 0 0
SOLA INTL INC COM 834092108 1991 90000 SH SOLE 90000 0 0
SOMATIX THERAPY CORP COM 834447104 4716 770000 SH SOLE 770000 0 0
SOTHEBYS HLDGS INC CL A 835898107 29417 2101200 SH SOLE 2101200 0 0
SOUTHERN CO COM 842587107 11750 500000 SH SOLE 500000 0 0
SOUTHTRUST CORP COM 844730101 4703 187200 SH SOLE 187200 0 0
SPECTRUM HOLOBYTE INC COM 84762J100 3788 300000 SH SOLE 300000 0 0
SPEEDWAY MOTORSPORTS INC COM 847788106 1682 65000 SH SOLE 65000 0 0
SPORTMART INC COM NEW 848922308 941 107500 SH SOLE 107500 0 0
STANT CORP COM 854727104 6000 600000 SH SOLE 600000 0 0
STARBUCKS CORP COM 855244109 6439 170000 SH SOLE 170000 0 0
STARTER CORP COM 855684106 8393 1157700 SH SOLE 1157700 0 0
STERLING CHEMS INC COM 858903107 21863 2650000 SH SOLE 2650000 0 0
STOKELY USA INC COM 861502102 3395 485000 SH SOLE 485000 0 0
STONE CONTAINER CORP COM 861589109 44700 2352616 SH SOLE 2352616 0 0
STOP & SHOP COS INC NEW COM 862099108 7142 305530 SH SOLE 305530 0 0
STRATTEC SEC CORP COM 863111100 5025 352600 SH SOLE 352600 0 0
STRATUS COMPUTER INC COM 863155107 13223 503750 SH SOLE 503750 0 0
STRUCTURAL DYNAMICS RESH CORP COM 863555108 50812 2737300 SH SOLE 2737300 0 0
SUMMA FOUR INC COM 865628101 3600 150000 SH SOLE 150000 0 0
SUMMIT CARE CORP COM 865910103 2450 100000 SH SOLE 100000 0 0
SUMMIT TECHNOLOGY INC COM 86627E101 229 5000 SH SOLE 5000 0 0
SUN HEALTHCARE GROUP INC COM 866933104 25750 2000000 SH SOLE 2000000 0 0
SUNBEAM CORP COM 867071102 11156 750000 SH SOLE 750000 0 0
SUPER FOOD SVCS INC COM 867884108 12822 1015600 SH SOLE 1015600 0 0
SUNRISE MED INC COM 867910101 16368 595200 SH SOLE 595200 0 0
SURGICAL LASER TECHNOLOGIES COM 868819103 1051 884700 SH SOLE 884700 0 0
SWIFT TRANSN CO COM 870756103 4313 250000 SH SOLE 250000 0 0
SYBRON CHEMS INC COM 870903101 3797 244000 SH SOLE 244000 0 0
SYMANTEC CORP COM 871503108 3000 100000 SH SOLE 100000 0 0
SYNCOR INTL CORP DEL COM 87157J106 2502 270500 SH SOLE 270500 0 0
SYQUEST TECHNOLOGY INC COM 871660106 5046 380800 SH SOLE 380800 0 0
TBC CORP COM 872180104 10405 1081000 SH SOLE 1081000 0 0
TCBY ENTERPRISES INC COM 872245105 1756 379700 SH SOLE 379700 0 0
TGV SOFTWARE INC COM 872423108 3000 200000 SH SOLE 200000 0 0
<PAGE> PAGE 14
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TIG HLDGS INC COM 872469101 78456 2919300 SH SOLE 2919300 0 0
TJX COS INC NEW COM 872540109 47500 4000000 SH SOLE 4000000 0 0
TNT FREIGHTWAYS CORP COM 87259J103 3626 192100 SH SOLE 192100 0 0
TRC COS INC COM 872625108 4748 612700 SH SOLE 612700 0 0
TARGET THERAPEUTICS INC COM 875919102 8400 120000 SH SOLE 120000 0 0
TARGETED GENETICS CORP COM 87612M108 5379 1012500 SH SOLE 1012500 0 0
TECH DATA CORP COM 878237106 8475 600000 SH SOLE 600000 0 0
TECHNOLOGY SOLUTIONS CO COM 87872T108 7200 400000 SH SOLE 400000 0 0
TECNOL MED PRODS INC COM 878755107 2984 155000 SH SOLE 155000 0 0
TEJON RANCH CO DEL COM 879080109 16805 1075500 SH SOLE 1075500 0 0
TELE COMMUNICATIONS INC NEW COM TCI GRP A 87924V101 10500 600000 SH SOLE 600000 0 0
TELE COMMUNICATIONS INC NEW COM LIB GRP A 87924V507 4013 150000 SH SOLE 150000 0 0
TELE DANMARK A/S SPNSR ADR CL B 879242105 5693 220000 SH SOLE 220000 0 0
TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 1007 16300 SH SOLE 16300 0 0
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 8490 266350 SH SOLE 266350 0 0
TELOR OPHTHALMIC PHARMACEUTCLS COM 87969G100 468 748500 SH SOLE 748500 0 0
TELTREND INC COM 87969R106 2475 75000 SH SOLE 75000 0 0
TELULAR CORP COM 87970T109 4125 300000 SH SOLE 300000 0 0
TELXON CORP COM 879700102 11938 500000 SH SOLE 500000 0 0
TEMPLE INLAND INC COM 879868107 31114 584300 SH SOLE 584300 0 0
TEMPLETON RUSSIA FD INC COM 88022F105 7188 460000 SH SOLE 460000 0 0
TENET HEALTHCARE CORP COM 88033G100 5250 300000 SH SOLE 300000 0 0
TENNECO INC NEW COM 880370101 55976 1210300 SH SOLE 1210300 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 3575 260000 SH SOLE 260000 0 0
TETRA TECH INC NEW COM 88162G103 2325 100000 SH SOLE 100000 0 0
TEXACO INC COM 881694103 18060 280000 SH SOLE 280000 0 0
THERATECH INC DEL COM 883383101 8366 485000 SH SOLE 485000 0 0
THERMO ELECTRON CORP COM 883556102 16231 350000 SH SOLE 350000 0 0
THERMOLASE CORP COM 883624108 16361 803000 SH SOLE 803000 0 0
THIOKOL CORP DEL COM 884103102 894 25000 SH SOLE 25000 0 0
TIFFANY & CO NEW COM 886547108 21005 501600 SH SOLE 501600 0 0
TIME WARNER INC COM 887315109 73237 1842430 SH SOLE 1842430 0 0
TITAN CORP COM 888266103 4628 480800 SH SOLE 480800 0 0
TOKHEIM CORP COM 889073102 2100 300000 SH SOLE 300000 0 0
TOKOS MED CORP DEL COM 889100103 12994 1223000 SH SOLE 1223000 0 0
TOPPS INC COM 890786106 30254 4654500 SH SOLE 4654500 0 0
TOWER AUTOMOTIVE INC COM 891707101 2750 200000 SH SOLE 200000 0 0
TOYS R US COM 892335100 16200 600000 SH SOLE 600000 0 0
TRANSAMERICA CORP COM 893485102 13381 187800 SH SOLE 187800 0 0
TRAVELERS GROUP INC COM 894190107 162031 3050000 SH SOLE 3050000 0 0
TRINOVA CORP COM 896678109 7860 232900 SH SOLE 232900 0 0
TRIPOS INC COM 896928108 1531 278334 SH SOLE 278334 0 0
TUBOS DE ACERO DE MEXICO S A ADR NEW 898592506 36534 6089004 SH SOLE 6089004 0 0
TUBOSCOPE VETCO INTL CORP COM 898600101 10469 1782000 SH SOLE 1782000 0 0
TYCO TOYS INC COM 902128107 18138 3454800 SH SOLE 3454800 0 0
TYSON FOODS INC CL A 902494103 34993 1302050 SH SOLE 1302050 0 0
UCAR INTL INC COM 90262K109 9538 350000 SH SOLE 350000 0 0
USX MARATHON GROUP COM NEW 902905827 4938 250000 SH SOLE 250000 0 0
ULTRALIFE BATTERIES INC COM 903899102 2279 93000 SH SOLE 93000 0 0
UNIFI INC COM 904677101 12591 513900 SH SOLE 513900 0 0
<PAGE> PAGE 15
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNICOM CORP COM 904911104 47568 1572500 SH SOLE 1572500 0 0
UNION PAC CORP COM 907818108 28156 425000 SH SOLE 425000 0 0
UNIROYAL CHEM CORP COM 908903107 13500 1500000 SH SOLE 1500000 0 0
UNISYS CORP COM 909214108 33888 4303300 SH SOLE 4303300 0 0
U S BANCORP ORE COM 911596104 3108 110000 SH SOLE 110000 0 0
U S BIOSCIENCE INC COM 911646107 16419 3325100 SH SOLE 3325100 0 0
UNITED STATES FILTER CORP NEW COM NEW 911843209 35304 1471000 SH SOLE 1471000 0 0
U S INDS INC NEW COM 912080108 6200 400000 SH SOLE 400000 0 0
UNITED WIS SVCS INC COM 913236105 2388 100000 SH SOLE 100000 0 0
UNIVERSAL FOODS CORP COM 913538104 8719 250000 SH SOLE 250000 0 0
UNIVERSAL HOSP SVCS INC COM 91359L109 2531 250000 SH SOLE 250000 0 0
UNOCAL CORP COM 915289102 69371 2434073 SH SOLE 2434073 0 0
UNOCAL CORP PFD CV $3.5 915289201 5375 100000 SH SOLE 100000 0 0
UROMED CORP COM 917274102 4000 400000 SH SOLE 400000 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 20757 1395400 SH SOLE 1395400 0 0
VALMONT INDS INC COM 920253101 18551 765000 SH SOLE 765000 0 0
VALUE HEALTH INC COM 920393105 21200 800000 SH SOLE 800000 0 0
VANS INC COM 921930103 6416 885000 SH SOLE 885000 0 0
VENTRITEX INC COM 922814108 6450 300000 SH SOLE 300000 0 0
VERIFONE INC COM 923429104 18027 646700 SH SOLE 646700 0 0
VERSA TECHNOLOGIES INC COM 925116105 5305 347900 SH SOLE 347900 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 25200 1344000 SH SOLE 1344000 0 0
VESTA INS GROUP INC COM 925391104 18065 466200 SH SOLE 466200 0 0
VICAL INC COM 925602104 15494 1318600 SH SOLE 1318600 0 0
VIDAMED INC COM 926530106 5513 700000 SH SOLE 700000 0 0
VIEWLOGIC SYS INC COM 926721101 22932 1638000 SH SOLE 1638000 0 0
VISX INC DEL COM 92844S105 22231 979200 SH SOLE 979200 0 0
VITALINK PHARMACY SVCS INC COM 92846E104 11100 600000 SH SOLE 600000 0 0
WMX TECHNOLOGIES INC COM 92929Q107 149011 5228450 SH SOLE 5228450 0 0
WMS INDS INC COM 929297109 28079 1329200 SH SOLE 1329200 0 0
WABASH NATL CORP COM 929566107 60155 1700500 SH SOLE 1700500 0 0
WAHLCO ENVIRONMENTAL SYS INC COM 930569108 1754 637900 SH SOLE 637900 0 0
WAL MART STORES INC COM 931142103 185578 7498100 SH SOLE 7498100 0 0
WALL DATA INC COM 932045107 16011 902000 SH SOLE 902000 0 0
WANG LABS INC NEW COM 93369N109 25278 1592300 SH SOLE 1592300 0 0
WARNER LAMBERT CO COM 934488107 15240 160000 SH SOLE 160000 0 0
WASHINGTON MUT INC COM 939322103 25355 956800 SH SOLE 956800 0 0
WASTE MGMT INTL PLC SPONSORED ADR 940906100 27423 2492961 SH SOLE 2492961 0 0
WESCAST INDS INC CL A SUB VTG 950813105 2259 205400 SH SOLE 205400 0 0
WESTERN DIGITAL CORP COM 958102105 794 50000 SH SOLE 50000 0 0
WESTERN WASTE INDS COM 959880105 26972 1348600 SH SOLE 1348600 0 0
WESTVACO CORP COM 961548104 14906 327600 SH SOLE 327600 0 0
WESTWOOD ONE INC COM 961815107 9000 500000 SH SOLE 500000 0 0
WEYERHAEUSER CO COM 962166104 25094 550000 SH SOLE 550000 0 0
WHOLE FOODS MKT INC COM 966837106 4594 350000 SH SOLE 350000 0 0
WILLIAMS COS INC DEL COM 969457100 8045 206283 SH SOLE 206283 0 0
WILLIAMS SONOMA INC COM 969904101 5706 275000 SH SOLE 275000 0 0
WISCONSIN CENT TRANSN CORP COM 976592105 1001 15000 SH SOLE 15000 0 0
WISCONSIN PHARMACAL CO COM 976817106 2223 635000 SH SOLE 635000 0 0
WORLDCOM INC GA COM 98155K102 24094 750000 SH SOLE 750000 0 0
<PAGE> PAGE 16
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WORTHINGTON INDS INC COM 981811102 11824 643500 SH SOLE 643500 0 0
WORLDTEX INC COM 981907108 8480 1443400 SH SOLE 1443400 0 0
WYLE ELECTRONICS INC COM 983051103 11169 248900 SH SOLE 248900 0 0
XCELLENET INC COM 98388R106 3700 200000 SH SOLE 200000 0 0
XEROX CORP COM 984121103 42973 319800 SH SOLE 319800 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 25009 1399100 SH SOLE 1399100 0 0
YORK INTL CORP NEW COM 986670107 42277 1003600 SH SOLE 1003600 0 0
YOUNKERS INC COM 987767100 9078 534000 SH SOLE 534000 0 0
ZOLL MED CORP COM 989922109 2344 250000 SH SOLE 250000 0 0
REPORT SUMMARY 709 DATA RECORDS 16302309 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>