UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment: [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: NCM CAPITAL MANAGEMENT GROUP INC.
Address: 103 West Main St.
4th Floor
Durham, N.C. 27701
Form 13F File Number: 28-2553
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: Edith Noel
Title: Corporate Secretary
Phone: 919-688-0620
Signature, Place, and Date of Signing:
Edith Noel Durham, N.C. 7/27/00
------------------------------ -------------------- --------
Signature City, State Date
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 235
Form 13F Information Table Value Total: $2,869,771
List of Other Included Managers: NONE
<TABLE> <C> <C>
ISSUER TITLE OF CUSIP MKT SHARES/ INVSTMNT DSCRTN OTHR VOTING AUTH
NAME CLASS NUMBER VAL PRINC AMT SOLE(A) SHARED MGRS SOLE SHRD NONE
ALCOA INC Common Stock 13817101 3654000 126000 0 126000 ALL 126000 0 0
APPLE COMPUTER INC Common Stock 37833100 827525 15800 15800 0 ALL 15800 0 0
AMERISOURCE HEALTH CORP Common Stock 03071P102 195300 6300 6300 0 ALL 6300 0 0
ACT MFG INC Common Stock 973107 2273115.63 48950 48950 0 ALL 48950 0 0
ADOBE SYS INC Common Stock 00724F101 403000 3100 3100 0 ALL 3100 0 0
A D C TELECOMMUNICATION Common Stock 886101 43391389.3 517334 504234 13100 ALL 517334 0 0
AMERICAN EAGLE OUTFITTE Common Stock 2553E106 889700 63550 63550 0 ALL 63550 0 0
AES CORP Common Stock 00130H105 40518558.8 888078 859382 28696 ALL 888078 0 0
ADVANCED FIBRE COMMUNIC Common Stock 00754A105 258281.25 5700 5700 0 ALL 5700 0 0
AFLAC INC Common Stock 1055102 18142923.8 394948 394948 0 ALL 394948 0 0
AMERICAN HOME PRODS COR Common Stock 26609107 27779878.8 472849 247849 225000 ALL 475849 0 0
AMERICAN INTL GROUP INC Common Stock 26874107 38413393.8 326923 235923 91000 ALL 326923 0 0
ALPHARMA INC Common Stock 20813101 771900 12400 12400 0 ALL 12400 0 0
ALTERA CORP Common Stock 21441100 12632604.7 123925 123925 0 ALL 123925 0 0
APPLIED MATLS INC Common Stock 38222105 30921250 341200 341200 0 ALL 341200 0 0
APPLIED MICRO CIRCUITS Common Stock 1162100 26388569.5 375638 375638 0 ALL 12275 0 0
AMGEN, INC. Common Stock 31162100 26388569.5 375638 375638 0 ALL 375638 0 0
AMKOR TECHNOLOGY INC Common Stock 31652100 533218.75 15100 15100 0 ALL 15100 0 0
ANADIGICS INC Common Stock 32515108 510937.5 15000 15000 0 ALL 15000 0 0
AMERICA ONLINE INC DEL Common Stock 02364J104 19947066 378592 378592 0 ALL 378592 0 0
ANADARKO PETE CORP Common Stock 32511107 11800481.3 239300 239300 0 ALL 239300 0 0
AMERICAN PWR CONVERSION Common Stock 29066107 16874581.1 413466 381766 31700 ALL 413466 0 0
APPLIED PWR INC Common Stock 38225108 524275 15650 15650 0 ALL 15650 0 0
ARROW ELECTRS INC Common Stock 42735100 1388025 44775 44775 0 ALL 44775 0 0
ALLTEL CORP Common Stock 20039103 10955195.3 176875 176875 0 ALL 176875 0 0
ATMEL CORP Common Stock 49513104 549437.5 14900 14900 0 ALL 14900 0 0
AUTOMATIC DATA PROCESSI Common Stock 53015103 10893809.1 203385 178185 25200 ALL 203385 0 0
AVNET INC Common Stock 53807103 139237.5 2350 2350 0 ALL 2350 0 0
AVERY DENNISON CORP Common Stock 53611109 17070961.5 254316 199316 55000 ALL 254316 0 0
ANIXTER INTL INC Common Stock 35290105 1709250 64500 64500 0 ALL 64500 0 0
AXA FINL INC Common Stock 2451102 11172026 328589 328589 0 ALL 328589 0 0
AMERICAN EXPRESS CO Common Stock 25816109 16659150 319600 145600 174000 ALL 319600 0 0
ALZA CORP DEL Common Stock 22615108 4410725 74600 74600 0 ALL 74600 0 0
BANK OF AMERICA CORPORA Common Stock 60505104 5719000 133000 0 133000 ALL 1333000 0 0
BB&T CORP Common Stock 54937107 97887.5 4100 4100 0 ALL 4100 0 0
BLACK & DECKER CORP Common Stock 91797100 1769.06 45 45 0 ALL 45 0 0
FRANKLIN RES INC Common Stock 354613101 7615771.88 250725 250725 0 ALL 250725 0 0
BIOGEN INC. Common Stock 90597105 160987.5 2700 2700 0 ALL 2700 0 0
BELLSOUTH CORP Common Stock 79860102 5810426.88 136315 136315 0 ALL 136315 0 0
BAUSCH & LOMB INC Common Stock 71707103 2746812.5 35500 35500 0 ALL 35500 0 0
BURLINGTON RES INC Common Stock 122014103 59287.5 1550 1550 0 ALL 1550 0 0
BROCADE COMMUNICATIONS Common Stock 111621108 3004556.64 16375 16375 0 ALL 16375 0 0
BROADWING INC Common Stock 111620100 5631679.69 217125 217125 0 ALL 217125 0 0
ANHEUSER BUSCH COS INC Common Stock 35229103 10142562.5 135800 95800 40000 ALL 135800 0 0
BELDEN INC Common Stock 77459105 134531.25 5250 5250 0 ALL 5250 0 0
CITIGROUP INC Common Stock 172967101 23499970.3 390041 194049 195992 ALL 390041 0 0
COMPUTER ASSOC INTL INC Common Stock 204912109 5630625 110000 0 110000 ALL 11000 0 0
CARDINAL HEALTH INC Common Stock 14149Y108 52149872 704728 675520 29208 ALL 704728 0 0
CARNIVAL CORP Common Stock 143658102 6372112.5 326775 326775 0 ALL 326775 0 0
CLEAR CHANNEL COMMUNICA Common Stock 184502102 33442650 445902 429202 16700 ALL 445902 0 0
CONSTELLATION ENERGY CO Common Stock 210371100 227937.5 7000 7000 0 ALL 7000 0 0
CERIDIAN CORP Common Stock 15677T106 77000 3200 3200 0 ALL 3200 0 0
ATLAS AIR INC Common Stock 49164106 430500 12000 12000 0 ALL 12000 0 0
COASTAL CORP Common Stock 190441105 158275 2600 2600 0 ALL 2600 0 0
CHEVRON CORPORATION Common Stock 166751107 20694250 244000 205000 39000 ALL 244000 0 0
COLGATE PALMOLIVE CO Common Stock 194162103 10226650 170800 90800 80000 ALL 170800 0 0
CLOROX CO DEL Common Stock 189054109 28394096.3 633620 461620 172000 ALL 633620 0 0
CHASE MANHATTAN CORP NE Common Stock 16161A108 15793518.5 342872 200372 142500 ALL 642872 0 0
COMVERSE TECHNOLOGY INC Common Stock 205862402 11532000 124000 124000 0 ALL 124000 0 0
CONOCO INC Common Stock 208251306 18797416 854428 792428 62000 ALL 854428 0 0
CAPITAL ONE FINL CORP Common Stock 14040H105 11581303.1 259525 259525 0 ALL 259525 0 0
CALPINE CORP Common Stock 131347106 17325782.5 263510 263510 0 ALL 263510 0 0
COMPAQ COMPUTER CORP Common Stock 204493100 7592062.5 297000 297000 0 ALL 297000 0 0
CREE INC Common Stock 225447101 14490490.5 108543 108543 0 ALL 108543 0 0
CISCO SYS INC Common Stock 17275R102 91518622.3 1439821 1061337 378484 ALL 1439821 0 0
COMMSCOPE INC Common Stock 203372107 438700 10700 10700 0 ALL 10700 0 0
C-CUBE MICROSYSTEMS INC Common Stock 12501N108 3593337.5 183100 183100 0 ALL 183100 0 0
CVS CORP Common Stock 126650100 20323560 508089 353089 155000 ALL 508089 0 0
CYTEC INDS INC Common Stock 232820100 79000 3200 3200 0 ALL 3200 0 0
DELTA AIR LINES INC DEL Common Stock 247361108 83428.13 1650 1650 0 ALL 1650 0 0
DU PONT E I DE NEMOURS Common Stock 263534109 6969375 159300 159300 0 ALL 159300 0 0
DELL COMPUTER CORP Common Stock 247025109 31945130.6 647810 607410 40400 ALL 647810 0 0
DOLLAR GEN CORP Common Stock 256669102 30902278.9 1584732 1480576 104156 ALL 1584732 0 0
DANAHER CORP DEL Common Stock 235851102 15217900.7 307821 269721 38100 ALL 307821 0 0
DOVER CORP Common Stock 260003108 105462.5 2600 2600 0 ALL 2600 0 0
DSP GROUP INC Common Stock 23332B106 2514400 44900 44900 0 ALL 44900 0 0
DUKE ENERGY CORP Common Stock 264399106 15811721.8 280474 143474 137000 ALL 280474 0 0
BRINKER INTL INC Common Stock 109641100 157950 5400 5400 0 ALL 5400 0 0
ECOLAB INC Common Stock 278865100 21858046.9 559566 534966 24600 ALL 559566 0 0
EQUIFAX INC Common Stock 294429105 6592687.5 251150 251150 0 ALL 251150 0 0
LAUDER ESTEE COS INC Common Stock 518439104 9590875 194000 194000 0 ALL 194000 0 0
ELAN PLC Common Stock 284131208 4096601.56 84575 84575 0 ALL 84575 0 0
E M C CORP MASS Common Stock 268648102 81559366.4 1060073 793373 266700 ALL 1060073 0 0
EMMIS COMMUNICATIONS CO Common Stock 291525103 2082196.88 50325 50325 0 ALL 50325 0 0
EQUITY OFFICE PROPERTIE Common Stock 294741103 113006.25 4100 4100 0 ALL 4100 0 0
EL PASO ENERGY CORP DEL Common Stock 283905107 9780000 192000 192000 0 ALL 192000 0 0
ELECTRO SCIENTIFIC INDS Common Stock 285229100 2668293.75 60600 60600 0 ALL 60600 0 0
ENSCO INTL INC Common Stock 26874Q100 3017203.13 84250 84250 0 ALL 84250 0 0
FIRST DATA CORP Common Stock 319963104 12870491.9 259355 158355 101000 ALL 259355 0 0
FAMILY DLR STORES INC Common Stock 307000109 7979543.75 407900 407900 0 ALL 407900 0 0
FEDEX CORP Common Stock 31428X106 9427800 248100 248100 0 ALL 248100 0 0
FEDERATED INVS INC PA Common Stock 314211103 229659.38 6550 6550 0 ALL 6550 0 0
FIFTH THIRD BANCORP Common Stock 316773100 15932675 251900 251900 0 ALL 251900 0 0
R & B FALCON CORP Common Stock 74912E101 77756.25 3300 3300 0 ALL 3300 0 0
FLEXTRONICS INTL LTD Common Stock Y2573F102 15071754.7 219425 219425 0 ALL 219425 0 0
FEDERAL NATL MTG ASSN Common Stock 313586109 21606668.8 414020 267020 147000 ALL 414020 0 0
SPRINT CORP Common Stock 852061100 4256409 83459 83459 0 ALL 83459 0 0
FEDERAL HOME LN MTG COR Common Stock 313400301 1822.5 45 45 0 ALL 45 0 0
FIRSTAR CORP NEW WIS Common Stock 33763V109 15269259.4 724950 724950 0 ALL 724950 0 0
FUSION CAPITAL LIMITED Common Stock 99KBRM900 1942584 24000000 240000000 ALL 240000000 0
GLOBAL CROSSING LTD Common Stock G3921A100 9559331.25 363300 363300 0 ALL 363300 0 0
GUIDANT CORP Common Stock 401698105 19877962.5 401575 342575 59000 ALL 401575 0 0
GENERAL ELEC CO Common Stock 369604103 45980256 867552 528552 339000 ALL 867552 0 0
CORNING INC Common Stock 219350105 4430756 53472 53472 0 ALL 53472 0 0
GAP INC DEL Common Stock 364760108 6015625 192500 192500 0 ALL 192500 0 0
GTE CORP Common Stock 362320103 15574950 250200 125200 125000 ALL 250200 0 0
GATEWAY INC Common Stock 367626108 147550 2600 2600 0 ALL 2600 0 0
HALLIBURTON CO Common Stock 406216101 5138718.75 108900 108900 0 ALL 108900 0 0
HOME DEPOT INC Common Stock 437076102 26632617.6 533319 442319 91000 ALL 533319 0 0
HEALTH MGMT ASSOC INC N Common Stock 421933102 167200 12800 12800 0 ALL 12800 0 0
HEINZ H J CO Common Stock 423074103 875 20 20 0 ALL 20 0 0
HOT TOPIC INC Common Stock 441339108 1709600 53425 53425 0 ALL 53425 0 0
HARRIS CORP DEL Common Stock 413875105 1742300 53200 53200 0 ALL 53200 0 0
INTERNATIONAL BUSINESS Common Stock 459200101 39889624.6 364081 237081 127000 ALL 364081 0 0
INTEGRATED DEVICE TECHN Common Stock 458118106 4971121.88 83025 83025 0 ALL 83025 0 0
INVESTORS FINL SERVICES Common Stock 461915100 567531.25 14300 14300 0 ALL 14300 0 0
INDEPENDENT ENERGY HLDG Common Stock 45384X108 825223.44 99275 99275 0 ALL 99275 0 0
INTEL CORP Common Stock 458140100 52007378.6 389022 290022 99000 ALL 389022 0 0
INTERPUBLIC GROUP COS I Common Stock 460690100 25742896 598672 447572 151100 ALL 598672 0 0
JDS UNIPHASE CORP Common Stock 46612J101 13358270.6 111435 111435 0 ALL 111435 0 0
JOHNSON & JOHNSON Common Stock 478160104 64643558.8 634538 519538 115000 ALL 634538 0 0
JUNIPER NETWORKS INC Common Stock 48203R104 2940362.5 20200 20200 0 ALL 20200 0 0
KEMET CORP Common Stock 488360108 75187.5 3000 3000 0 ALL 3000 0 0
KIMBERLY CLARK CORP Common Stock 494368103 5393250 94000 0 94000 ALL 94000 0 0
KENT ELECTRS CORP Common Stock 490553104 4769254.69 159975 159975 0 ALL 159975 0 0
COCA COLA CO Common Stock 191216100 16186519.3 281811 68811 213000 ALL 281811 0 0
KROGER CO Common Stock 501044101 9469225 429200 429200 0 ALL 429200 0 0
KANSAS CITY SOUTHN INDS Common Stock 485170104 15112350 170400 170400 0 ALL 170400 0 0
L-3 COMMUNICATIONS HLDG Common Stock 502424104 2125578.13 37250 37250 0 ALL 37250 0 0
LINEAR TECHNOLOGY CORP Common Stock 535678106 23531685.4 368042 368042 0 ALL 368042 0 0
AT&T CORP Common Stock 1957208 20586019 848908 792108 56800 ALL 848908 0 0
LUCENT TECHNOLOGIES INC Common Stock 549463107 25753842 434664 277664 157000 ALL 434664 0 0
SOUTHWEST AIRLS CO Common Stock 844741108 1647126.94 86977 76177 10800 ALL 86977 0 0
LEXMARK INTL NEW Common Stock 529771107 8352450 124200 124200 0 ALL 124200 0 0
MCDONALDS CORP Common Stock 580135101 4907687.5 149000 0 149000 ALL 149000 0 0
MEDTRONIC INC Common Stock 585055106 9628756.25 193300 193300 0 ALL 193300 0 0
MEDIMMUNE INC Common Stock 584699102 11162900 150850 150850 0 ALL 150850 0 0
MEDQUIST INC Common Stock 584949101 2784600 81900 81900 0 ALL 81900 0 0
MERRILL LYNCH & CO INC Common Stock 590188108 14406625 125275 52275 73000 ALL 125275 0 0
MERCURY INTERACTIVE COR Common Stock 589405109 328950 3400 3400 0 ALL 3400 0 0
MARSHALL & ILSLEY CORP Common Stock 571834100 182600 4400 4400 0 ALL 4400 0 0
MILLIPORE CORP Common Stock 601073109 3896887.5 51700 51700 0 ALL 51700 0 0
MARSH & MCLENNAN COS IN Common Stock 571748102 20604787.7 197293 129498 67795 ALL 197293 0 0
MOTOROLA INC Common Stock 620076109 19281370.3 663445 606645 56800 ALL 663445 0 0
MERCK & CO INC Common Stock 589331107 34628753.1 451925 363925 88000 ALL 451925 0 0
USX MARATHON GROUP Common Stock 902905827 8095187.5 323000 323000 0 ALL 323000 0 0
MICROSOFT CORP Common Stock 594918104 101911680 1273896 1059572 214324 ALL 1273896 0 0
METRIS COS INC Common Stock 591598107 8630249.06 343493 343493 0 ALL 343493 0 0
NOBLE DRILLING CORP Common Stock 655042109 374806.25 9100 9100 0 ALL 9100 0 0
NOKIA CORP Common Stock 654902204 26245152.5 525560 525560 0 ALL 525560 0 0
NORTEL NETWORKS CORP NE Common Stock 656568102 39772687.5 582750 582750 0 ALL 582750 0 0
NETWORK APPLIANCE INC Common Stock 64120L104 6182400 76800 76800 0 ALL 76800 0 0
NEWELL RUBBERMAID INC Common Stock 651229106 1545 60 60 0 ALL 60 0 0
NEXTLINK COMMUNICATIONS Common Stock 65333H707 9396701.44 247689 247689 0 ALL 247689 0 0
NEXTEL COMMUNICATIONS I Common Stock 65332V103 370250 4000 4000 0 ALL 4000 0 0
NEW YORK TIMES CO Common Stock 650111107 148125 3750 3750 0 ALL 3750 0 0
QUAKER OATS CO Common Stock 747402105 12823837.5 170700 170700 0 ALL 170700 0 0
OMNICOM GROUP INC Common Stock 681919106 17002031.3 190900 127900 63000 ALL 190900 0 0
ORBOTECH LTD Common Stock M75253100 2363668.75 25450 25450 0 ALL 25450 0 0
ORACLE CORP Common Stock 68389X105 82452450.9 980847 722847 258000 ALL 980847 0 0
PAYCHEX INC Common Stock 704326107 6300 150 150 0 ALL 150 0 0
SPRINT CORP Common Stock 852061506 2205546 37068 37068 0 ALL 37068 0 0
PE CORP Common Stock 69332S102 5272832.63 80043 80043 0 ALL 80043 0 0
PFIZER INC Common Stock 717081103 89373312 1861944 1426571 435373 ALL 1861944 0 0
PROVIDENT FINL GROUP IN Common Stock 743866105 130968.75 5500 5500 0 ALL 5500 0 0
PROTECTIVE LIFE CORP Common Stock 743674103 157087.5 5900 5900 0 ALL 5900 0 0
PALL CORP Common Stock 696429307 64750 3500 3500 0 ALL 3500 0 0
PLEXUS CORP Common Stock 729132100 3873075 34275 34275 0 ALL 34275 0 0
PMC-SIERRA INC Common Stock 69344F106 1177179.69 6625 6625 0 ALL 6625 0 0
PINNACLE WEST CAP CORP Common Stock 723484101 6814803.13 201175 201175 0 ALL 201175 0 0
PROVIDIAN FINL CORP Common Stock 74406A102 31070160 345224 326124 19100 ALL 345224 0 0
PAINE WEBBER GROUP INC Common Stock 695629105 104650 2300 2300 0 ALL 2300 0 0
PRAXAIR INC Common Stock 74005P104 6439250 172000 120000 52000 ALL 172000 0 0
PIONEER NAT RES CO Common Stock 723787107 3563943.75 279525 279525 0 ALL 279525 0 0
QUALCOMM INC Common Stock 747525103 4656000 77600 77600 0 ALL 77600 0 0
QUICKLOGIC CORP Common Stock 74837P108 1253231.25 56325 56325 0 ALL 56325 0 0
ROYAL CARIBBEAN CRUISES Common Stock V7780T103 646575 34950 34950 0 ALL 34950 0 0
ROYAL DUTCH PETE CO Common Stock 780257804 6850367.19 111275 111275 0 ALL 111275 0 0
TRANSOCEAN SEDCO FOREX Common Stock G90078109 80156.25 1500 1500 0 ALL 1500 0 0
SANMINA CORP Common Stock 800907107 8661150 101300 101300 0 ALL 101300 0 0
SBC COMMUNICATIONS INC Common Stock 78387G103 18327749.8 423763 423763 0 ALL 423763 0 0
SCHWAB CHARLES CORP NEW Common Stock 808513105 15224996.5 452788 452788 0 ALL 452788 0 0
SCI SYS INC Common Stock 783890106 121481.25 3100 3100 0 ALL 3100 0 0
SYCAMORE NETWORKS INC Common Stock 871206108 1092712.5 9900 9900 0 ALL 9900 0 0
SDL INC Common Stock 784076101 3457898.44 12125 12125 0 ALL 12125 0 0
SIEBEL SYS INC Common Stock 826170102 2940035.94 17975 17975 0 ALL 17975 0 0
SEALED AIR CORP NEW Common Stock 81211K100 6948853.13 132675 132675 0 ALL 132675 0 0
SEI INVESTMENTS CO Common Stock 784117103 1863225 46800 46800 0 ALL 46800 0 0
GENERAL SEMICONDUCTOR I Common Stock 370787103 129800 8800 8800 0 ALL 8800 0 0
SCIENTIFIC ATLANTA INC Common Stock 808655104 4235772 56856 56856 0 ALL 56856 0 0
SCHERING PLOUGH CORP Common Stock 806605101 53953745.5 1068391 887191 181200 ALL 1068391 0 0
SILICONIX INC Common Stock 827079203 1876500 27800 27800 0 ALL 27800 0 0
SCHLUMBERGER LTD Common Stock 806857108 6268500 84000 0 84000 ALL 84000 0 0
SOLECTRON CORP Common Stock 834182107 39917218.1 953247 616247 337000 ALL 953247 0 0
SANDISK CORP Common Stock 80004C101 452787.5 7400 7400 0 ALL 7400 0 0
SPX CORP Common Stock 784635104 133031.25 1100 1100 0 ALL 1100 0 0
STATE STR CORP Common Stock 857477103 15923269.2 150131 139331 10800 ALL 150131 0 0
SUNOCO INC Common Stock 86764P109 11452247.3 389036 341336 47700 ALL 389036 0 0
SUN MICROSYSTEMS INC Common Stock 866810104 77842045.3 855995 616895 239100 ALL 855995 0 0
SAFEWAY INC Common Stock 786514208 22316715 495927 390927 105000 ALL 495927 0 0
AT&T CORP Common Stock 1957109 3383875 107000 0 107000 ALL 107000 0 0
TELEPHONE & DATA SYS IN Common Stock 879433100 180450 1800 1800 0 ALL 1800 0 0
TERADYNE INC Common Stock 880770102 2304225 31350 31350 0 ALL 31350 0 0
TEVA PHARMACEUTICAL IND Common Stock 881624209 651390.63 11750 11750 0 ALL 11750 0 0
TELLABS INC Common Stock 879664100 23082394.7 337277 337277 0 ALL 337277 0 0
TELCOM SEMICONDUCTOR IN Common Stock 87921P107 2045190.63 51050 51050 0 ALL 51050 0 0
TRUE NORTH COMMUNICATIO Common Stock 897844106 1328800 30200 30200 0 ALL 30200 0 0
TOO INC Common Stock 890333107 2262665.63 88950 88950 0 ALL 88950 0 0
TOSCO CORP Common Stock 891490302 1331395.31 47025 47025 0 ALL 47025 0 0
PRICE T ROWE & ASSOCIAT Common Stock 741477103 7932625 186650 186650 0 ALL 186650 0 0
TIME WARNER INC Common Stock 887315109 8884400 116900 116900 0 ALL 116900 0 0
TEXACO INC Common Stock 881694103 7023675 131900 131900 0 ALL 131900 0 0
TEXAS INSTRS INC Common Stock 882508104 38675321.1 563062 384062 179000 ALL 563062 0 0
TEXTRON INC Common Stock 883203101 6695373.44 123275 123275 0 ALL 123275 0 0
TYCO INTL LTD NEW Common Stock 902124106 35679249.5 753124 593124 160000 ALL 753124 0 0
UNOCAL CORP Common Stock 915289102 142437.5 4300 4300 0 ALL 4300 0 0
ULTRAMAR DIAMOND SHAMRO Common Stock 904000106 2670445.31 107625 107625 0 ALL 107625 0 0
UNITED PARCEL SERVICE I Common Stock 911312106 188800 3200 3200 0 ALL 3200 0 0
UNITED STATES CELLULAR Common Stock 911684108 176400 2800 2800 0 ALL 2800 0 0
UNITED TECHNOLOGIES COR Common Stock 913017109 7097381.25 120550 120550 0 ALL 120550 0 0
VALASSIS COMMUNICATIONS Common Stock 918866104 253531.25 6650 6650 0 ALL 6650 0 0
VIASYSTEMS GROUP INC Common Stock 92553H100 2530510.94 156325 156325 0 ALL 156325 0 0
VIACOM INC Common Stock 925524308 1435346.88 21050 21050 0 ALL 21050 0 0
VODAFONE AIRTOUCH PLC Common Stock 92857T107 23771740.7 573677 547257 26420 ALL 573677 0 0
VARCO INTL INC DEL Common Stock 922122106 560185.5 24094 24094 0 ALL 24094 0 0
VARIAN SEMICONDUCTOR EQ Common Stock 922207105 653250 10400 10400 0 ALL 10400 0 0
VISHAY INTERTECHNOLOGY Common Stock 928298108 5618543.76 148100 148100 0 ALL 148100 0 0
VERIZON COMMUNICATIONS Common Stock 92343V104 6402375 126000 126000 0 ALL 126000 0 0
WORLDCOM INC GA NEW Common Stock 98157D106 60673105.2 1322575 958075 364500 ALL 1322575 0 0
WELLS FARGO & CO NEW Common Stock 949746101 9001005 232284 232284 0 ALL 232284 0 0
WAL MART STORES INC Common Stock 931142103 22226193 385704 247704 138000 ALL 385704 0 0
WORTHINGTON INDS INC Common Stock 981811102 76650 7300 7300 0 ALL 7300 0 0
WATSON PHARMACEUTICALS Common Stock 942683103 23591305 438908 400808 38100 ALL 438908 0 0
XILINX INC Common Stock 983919101 429312 5200 5200 0 ALL 5200 0 0
EXXON MOBIL CORP Common Stock 30231G102 22382234 285124 156124 129000 ALL 285124 0 0
235 items ) 2869771870 77129723 686862758443448 771297230 0
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