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, 2000
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: New Mexico Educational Retirement Board
Address: 701 Camino de Los Marquez
Santa Fe, New Mexico 87501
13F File Number: 28-2695
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: Selma A Arnold
Title: Investment Officer II
Phone: 505-827-8030 ext 133
Signature, Place, and Date of Signing:
Selma A Arnold, Santa Fe, New Mexico, July 27, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCHANGE ACT OF 1934.
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES SH/
PUT/ INVEST OTH/ VOTING AUTHORITY
DESCRIPTION CLASS CUSIP# (x 1000) PRN AMT PRN
CALL DSCRETN MGRS SOLE SHARED NONE
ADC TELECOMMUNICAT COM 88610 3103 37000 SH
SOLE N/A X
AFLAC CORP COM 105510 1566 34100 SH
SOLE N/A X
AES CORP COM 00130H10 2217 48600 SH
SOLE N/A X
AMR CORP DEL COM COM 176510 518 19600 SH
SOLE N/A X
AMERICAN TEL & TEL COM 195710 12514 395700 SH
SOLE N/A X
ABBOTT LABORATORIE COM 282410 8422 189000 SH
SOLE N/A X
ADAPTEC COM 00651F10 273 12000 SH
SOLE N/A X
ADOBE SYS INC COM COM 00724F10 2028 15600 SH
SOLE N/A X
ADVANCED MICRO DEV COM 790310 1445 18700 SH
SOLE N/A X
AETNA INC COM 811710 1155 18000 SH
SOLE N/A X
AGILENT TECHNOLOGI COM 00846U10 3788 51369 SH
SOLE N/A X
AIR PRODUCTS & CHE COM 915810 900 29200 SH
SOLE N/A X
ALBERTO CULVER CO COM 1306810 220 7200 SH
SOLE N/A X
ALBERTSONS INC COM COM 1310410 1782 53600 SH
SOLE N/A X
ALCAN ALUM LTD-ADR COM 1371610 893 28800 SH
SOLE N/A X
ALCOA, INC COM 1381710 3076 106084 SH
SOLE N/A X
ALLEGHENY TECHNOLO COM 01741R10 221 12300 SH
SOLE N/A X
ALLERGAN INC COM 1849010 1267 17000 SH
SOLE N/A X
ALLIED WASTE INDUS COM 1958930 230 23000 SH
SOLE N/A X
ALLSTATE CORP COM 2000210 2031 91300 SH
SOLE N/A X
ALLTEL CORP COM COM 2003910 2224 35900 SH
SOLE N/A X
ALTERA CORP. COM 2144110 2345 23000 SH
SOLE N/A X
ALZA CORP CL A COM 2261510 763 12900 SH
SOLE N/A X
AMERADA HESS CORP COM 2355110 710 11500 SH
SOLE N/A X
AMEREN CORP COM 2360810 591 17500 SH
SOLE N/A X
AMERICA ON LINE COM 02364J10 14700 279000 SH
SOLE N/A X
AMERICAN ELEC PWR COM 2553710 1210 40860 SH
SOLE N/A X
AMERICAN EXPRESS COM 2581610 8663 166200 SH
SOLE N/A X
AMERICAN GENERAL C COM 2635110 1861 30500 SH
SOLE N/A X
AMERICAN GREETINGS COM 2637510 163 8600 SH
SOLE N/A X
AMERICAN HOME PROD COM 2660910 9400 160000 SH
SOLE N/A X
AMERICAN INTL GROU COM 2687410 22028 187475 SH
SOLE N/A X
AMERICAN POWER CON COM 2906610 816 20000 SH
SOLE N/A X
AMGEN COM 3116210 8964 127600 SH
SOLE N/A X
AMSOUTH BANCORPORA COM 3216510 701 44500 SH
SOLE N/A X
ANADARKO PETE CORP COM 3251110 759 15400 SH
SOLE N/A X
ANALOG DEVICES COM 3265410 3192 42000 SH
SOLE N/A X
ANDREW CORP COM COM 3442510 352 10500 SH
SOLE N/A X
ANHEUSER BUSCH COS COM 3522910 4160 55700 SH
SOLE N/A X
AON CORP COM COM 3738910 1016 32700 SH
SOLE N/A X
APACHE CORP COM COM 3741110 841 14300 SH
SOLE N/A X
APPLE COMPUTER COM 3783310 2126 40600 SH
SOLE N/A X
APPLIED MATLS INC COM 3822210 8809 97200 SH
SOLE N/A X
ARCHER DANIELS MID COM 3948310 749 76335 SH
SOLE N/A X
ARMSTRONG HOLDINGS COM 4238410 78 5100 SH
SOLE N/A X
ASHLAND INC COM 4420410 326 9300 SH
SOLE N/A X
ASSOCIATES FIRST C COM 4600810 2071 92800 SH
SOLE N/A X
AUTODESK INC COM COM 5276910 260 7500 SH
SOLE N/A X
AUTOMATIC DATA PRO COM 5301510 4226 78900 SH
SOLE N/A X
AUTOZONE INC COM 5333210 420 19100 SH
SOLE N/A X
AVERY DENNISON COR COM 5361110 973 14500 SH
SOLE N/A X
AVON PRODS INC COM COM 5430310 1308 29400 SH
SOLE N/A X
BB & T CORP COM 5493710 957 40100 SH
SOLE N/A X
BMC SOFTWARE INC COM 5592110 1098 30100 SH
SOLE N/A X
BAKER HUGHES INC C COM 5722410 1334 41700 SH
SOLE N/A X
BALL CORP COM COM 5849810 126 3900 SH
SOLE N/A X
BANK OF AMERICA CO COM 6050510 8746 203400 SH
SOLE N/A X
BANK NEW YORK INC COM 6405710 4213 90600 SH
SOLE N/A X
BANK ONE CORP COM 06423A10 3788 142600 SH
SOLE N/A X
BARD C R INC COM COM 6738310 318 6600 SH
SOLE N/A X
BARRICK GOLD CORP COM 6790110 1329 49700 SH
SOLE N/A X
BAUSCH & LOMB INC COM 7170710 565 7300 SH
SOLE N/A X
BAXTER INTERNATION COM 7181310 2616 37200 SH
SOLE N/A X
BEAR STEARNS COS I COM 7390210 647 15540 SH
SOLE N/A X
BECTON DICKINSON & COM 7588710 912 31800 SH
SOLE N/A X
BED BATH & BEYOND COM 7589610 508 14000 SH
SOLE N/A X
BELLSOUTH CORP COM 7986010 9970 233900 SH
SOLE N/A X
BEMIS INC COM COM 8143710 225 6700 SH
SOLE N/A X
BEST BUY INC COM COM 8651610 1651 26100 SH
SOLE N/A X
BESTFOODS COM 08658U10 2465 35600 SH
SOLE N/A X
BETHLEHEM STL CORP COM 8750910 59 16600 SH
SOLE N/A X
BIOGEN INC COM 9059710 774 12000 SH
SOLE N/A X
BIOMET INC COM COM 9061310 550 14300 SH
SOLE N/A X
BLACK & DECKER COR COM 9179710 436 11100 SH
SOLE N/A X
BLOCK H & R INC CO COM 9367110 401 12400 SH
SOLE N/A X
BOEING CO COM COM 9702310 4499 107600 SH
SOLE N/A X
BOISE CASCADE CORP COM 9738310 186 7200 SH
SOLE N/A X
BOSTON SCIENTIFIC COM 10113710 1106 50400 SH
SOLE N/A X
BRIGGS & STRATTON COM 10904310 103 3000 SH
SOLE N/A X
BRISTOL-MYERS SQUI COM 11012210 14108 242200 SH
SOLE N/A X
BROWN FORMAN CORP COM 11563720 468 8700 SH
SOLE N/A X
BRUNSWICK CORP COM COM 11704310 194 11700 SH
SOLE N/A X
BURLINGTON NORTN S COM 12189T10 1330 58000 SH
SOLE N/A X
BURLINGTON RESOURC COM 12201410 864 22600 SH
SOLE N/A X
CIGNA CORP COM COM 12550910 1935 20700 SH
SOLE N/A X
CMS ENERGY CORP CO COM 12589610 332 15000 SH
SOLE N/A X
C P & L ENERGY, IN COM 12614C10 616 19300 SH
SOLE N/A X
CSX CORP COM COM 12640810 587 27700 SH
SOLE N/A X
CVS CORP COM 12665010 1932 48300 SH
SOLE N/A X
CABLETRON SYS INC COM 12692010 556 22000 SH
SOLE N/A X
CAMPBELL SOUP CO COM 13442910 1532 52600 SH
SOLE N/A X
CAPITAL ONE FINL C COM 14040H10 1125 25200 SH
SOLE N/A X
CARDINAL HEALTH IN COM 14149Y10 2568 34700 SH
SOLE N/A X
CARNIVAL CORP COM 14365810 1525 78200 SH
SOLE N/A X
CATERPILLAR COM 14912310 1538 45400 SH
SOLE N/A X
CENDANT CORP COM 15131310 1175 83894 SH
SOLE N/A X
CENTEX CORP COM COM 15231210 179 7600 SH
SOLE N/A X
CENTURYTEL INC COM 15670010 512 17800 SH
SOLE N/A X
CERIDIAN CORP COM 15677T10 443 18400 SH
SOLE N/A X
CHARTER ONE FINANC COM 16090310 276 12000 SH
SOLE N/A X
CHASE MANHATTAN BA COM 16161A10 7075 153600 SH
SOLE N/A X
CHEVRON COM 16675110 6793 80100 SH
SOLE N/A X
CHUBB CORP COM COM 17123210 1267 20600 SH
SOLE N/A X
CINCINNATI FINL CO COM 17206210 663 21100 SH
SOLE N/A X
CINERGY CORP COM 17247410 516 20300 SH
SOLE N/A X
CIRCUIT CITY STORE COM 17273710 850 25600 SH
SOLE N/A X
CISCO SYSTEMS COM 17275R10 54066 850600 SH
SOLE N/A X
CITIGROUP, INC COM 17296710 24690 409800 SH
SOLE N/A X
CITRIX SYSTEMS COM 17737610 379 20000 SH
SOLE N/A X
CLEAR CHANNEL COMM COM 18450210 3173 42300 SH
SOLE N/A X
CLOROX CO COM COM 18905410 1344 30000 SH
SOLE N/A X
COASTAL CORP COM COM 19044110 1656 27200 SH
SOLE N/A X
COCA COLA COM 19121610 17507 304800 SH
SOLE N/A X
COCA COLA ENTERPRI COM 19121910 883 54100 SH
SOLE N/A X
COLGATE PALMOLIVE COM 19416210 4347 72600 SH
SOLE N/A X
COLUMBIA ENERGY GR COM 19764810 689 10500 SH
SOLE N/A X
COMCAST CORP COM 20030020 4232 104500 SH
SOLE N/A X
COMERICA INC COM COM 20034010 893 19900 SH
SOLE N/A X
COMPAQ COMPUTERS COM 20449310 5360 209700 SH
SOLE N/A X
COMPUTER ASSOC INT COM 20491210 3547 69300 SH
SOLE N/A X
COMPUTER SCIENCES COM 20536310 1509 20200 SH
SOLE N/A X
COMPUWARE CORP COM COM 20563810 468 45100 SH
SOLE N/A X
COMVERSE TECHNOLOG COM 20586240 1488 16000 SH
SOLE N/A X
CONAGRA INC COM COM 20588710 1151 60400 SH
SOLE N/A X
CONEXANT SYSTEMS I COM 20714210 1216 25000 SH
SOLE N/A X
CONOCO, INC CLASS COM 20825140 1900 77337 SH
SOLE N/A X
CONSECO INC COM COM 20846410 402 41200 SH
SOLE N/A X
CONSOLIDATED EDISO COM 20911510 830 28000 SH
SOLE N/A X
CONSOLIDATED STORE COM 21014910 168 14000 SH
SOLE N/A X
CONSTELLATION ENER COM 21037110 622 19100 SH
SOLE N/A X
CONVERGYS CORP COM 21248510 519 10000 SH
SOLE N/A X
COOPER INDS INC CO COM 21666910 391 12000 SH
SOLE N/A X
COOPER TIRE & RUBB COM 21683110 108 9700 SH
SOLE N/A X
COORS ADOLPH CO CL COM 21701610 284 4700 SH
SOLE N/A X
CORNING INC COM 21935010 8663 32100 SH
SOLE N/A X
COSTCO WHSL CORP COM 22160K10 1848 56000 SH
SOLE N/A X
COUNTRYWIDE CR IND COM 22237210 437 14400 SH
SOLE N/A X
CRANE CO COM COM 22439910 212 8700 SH
SOLE N/A X
CROWN CORK & SEAL COM 22825510 234 15600 SH
SOLE N/A X
CUMMINS ENGINE INC COM 23102110 147 5400 SH
SOLE N/A X
DTE ENERGY COM 23333110 565 18500 SH
SOLE N/A X
DANA CORP COM COM 23581110 449 21200 SH
SOLE N/A X
DANAHER CORP COM COM 23585110 855 17300 SH
SOLE N/A X
DARDEN RESTAURANTS COM 23719410 278 17100 SH
SOLE N/A X
DEERE & CO COM COM 24419910 1092 29500 SH
SOLE N/A X
DELL COMPUTER CORP COM 24702510 15647 317300 SH
SOLE N/A X
DELPHI AUTOMOTIVE COM 24712610 1049 72000 SH
SOLE N/A X
DELTA AIR LINES IN COM 24736110 779 15400 SH
SOLE N/A X
DELUXE CORPORATION COM 24801910 236 10000 SH
SOLE N/A X
DILLARDS INC CL A COM 25406710 167 13600 SH
SOLE N/A X
DISNEY (WALT) CO COM 25468710 9917 255500 SH
SOLE N/A X
DOLLAR GEN CORP CO COM 25666910 687 35250 SH
SOLE N/A X
DOMINION RES INC V COM 25746U10 1298 30269 SH
SOLE N/A X
DONNELLEY R R & SO COM 25786710 377 16700 SH
SOLE N/A X
DOVER CORP COM COM 26000310 1103 27200 SH
SOLE N/A X
DOW CHEM CO COM COM 26054310 2536 84000 SH
SOLE N/A X
DOW JONES & CO INC COM 26056110 842 11500 SH
SOLE N/A X
DUPONT (EI) DE NEM COM 26353410 5631 128699 SH
SOLE N/A X
DUKE ENERGY CORPOR COM 26439910 2616 46400 SH
SOLE N/A X
EMC CORP MASS COM COM 26864810 20486 266262 SH
SOLE N/A X
EASTERN ENTERPRISE COM 27637F10 183 2900 SH
SOLE N/A X
EASTMAN CHEM CO COM 27743210 478 10000 SH
SOLE N/A X
EASTMAN KODAK COM 27746110 2261 38000 SH
SOLE N/A X
EATON CORP COM COM 27805810 616 9200 SH
SOLE N/A X
ECOLAB INC COM COM 27886510 645 16500 SH
SOLE N/A X
EDISON INTL COM 28102010 908 44300 SH
SOLE N/A X
EL PASO ENERGY COR COM 28390510 1121 22000 SH
SOLE N/A X
ELECTRONIC DATA SY COM 28566110 2512 60900 SH
SOLE N/A X
EMERSON ELECTRIC COM 29101110 3170 52500 SH
SOLE N/A X
ENGELHARD CORP COM COM 29284510 273 16000 SH
SOLE N/A X
ENRON CORP COM COM 29356110 5818 90200 SH
SOLE N/A X
ENTERGY CORP NEW COM 29364G10 856 31500 SH
SOLE N/A X
EQUIFAX INC COM 29442910 483 18400 SH
SOLE N/A X
EXXON MOBIL CORP COM 30231G10 33147 422250 SH
SOLE N/A X
FMC CORP COM NEW COM 30249130 232 4000 SH
SOLE N/A X
FPL GROUP INC COM 30257110 1139 23000 SH
SOLE N/A X
FEDERAL HOME LN MT COM 31340030 3479 85900 SH
SOLE N/A X
FEDERAL NATIONAL M COM 31358610 6456 123700 SH
SOLE N/A X
FEDERATED DEPT STO COM 31410H10 898 26600 SH
SOLE N/A X
FEDEX CORP COM 31428X10 1364 35900 SH
SOLE N/A X
FIFTH THIRD BANCOR COM 31677310 2169 34300 SH
SOLE N/A X
FIRST DATA COM 31996310 2734 55100 SH
SOLE N/A X
FIRST UNION CORP COM 33735810 3007 121200 SH
SOLE N/A X
FIRSTAR CORP NEW W COM 33763V10 2513 119329 SH
SOLE N/A X
FIRSTENERGY CORP COM 33793210 699 29900 SH
SOLE N/A X
FLEET BOSTON FINAN COM 33903010 3773 110970 SH
SOLE N/A X
FLORIDA PROGRESS C COM 34110910 586 12500 SH
SOLE N/A X
FLUOR CORP COM COM 34386110 307 9700 SH
SOLE N/A X
FORD MOTOR CO COM 34537010 6377 148300 SH
SOLE N/A X
FORT JAMES CORP COM 34747110 650 28100 SH
SOLE N/A X
FORTUNE BRANDS INC COM 34963110 491 21300 SH
SOLE N/A X
FRANKLIN RESOURCES COM 35461310 975 32100 SH
SOLE N/A X
FREEPORT-MCMORAN C COM 35671D85 192 20800 SH
SOLE N/A X
GPU INC COM 36225X10 433 16000 SH
SOLE N/A X
GANNETT COM 36473010 1950 32600 SH
SOLE N/A X
GAP COM 36476010 3331 106600 SH
SOLE N/A X
GATEWAY INC COM 36762610 2270 40000 SH
SOLE N/A X
GENERAL DYNAMICS C COM 36955010 1217 23300 SH
SOLE N/A X
GENERAL ELECTRIC COM 36960410 64172 1210800 SH
SOLE N/A X
GENERAL MILLS INC COM 37033410 1377 36000 SH
SOLE N/A X
GENERAL MOTORS COM 37044210 3803 65500 SH
SOLE N/A X
GENUINE PARTS CO C COM 37246010 456 22800 SH
SOLE N/A X
GEORGIA PAC CORP C COM 37329810 575 21900 SH
SOLE N/A X
GILLETTE COM 37576610 4486 128400 SH
SOLE N/A X
GOLDEN WEST FINL C COM 38131710 882 21600 SH
SOLE N/A X
GOODRICH B F CO CO COM 38238810 426 12500 SH
SOLE N/A X
GOODYEAR TIRE & RU COM 38255010 398 19900 SH
SOLE N/A X
GRACE W R & CO DEL COM 38388F10 107 8800 SH
SOLE N/A X
GRAINGER W W INC C COM 38480210 367 11900 SH
SOLE N/A X
GREAT ATLANTIC & P COM 39006410 81 4900 SH
SOLE N/A X
GREAT LAKES CHEM C COM 39056810 233 7400 SH
SOLE N/A X
GUIDANT CORP COM 40169810 1906 38500 SH
SOLE N/A X
HCA-HEALTHCARE, CO COM 40411910 2199 72400 SH
SOLE N/A X
HALLIBURTON CO COM 40621610 2652 56200 SH
SOLE N/A X
HARCOURT GENERAL I COM 41163G10 495 9100 SH
SOLE N/A X
HARLEY DAVIDSON IN COM 41282210 1117 29000 SH
SOLE N/A X
HARRAHS ENTMT INC COM 41361910 341 16300 SH
SOLE N/A X
HARTFORD FINL SVCS COM 41651510 1477 26400 SH
SOLE N/A X
HASBRO INC COM COM 41805610 375 24900 SH
SOLE N/A X
HEALTHSOUTH CORP COM 42192410 368 51200 SH
SOLE N/A X
HEINZ COM 42307410 1894 43300 SH
SOLE N/A X
HERCULES INC COM COM 42705610 180 12800 SH
SOLE N/A X
HERSHEY FOODS CORP COM 42786610 863 17800 SH
SOLE N/A X
HEWLETT PACKARD COM 42823610 15322 122700 SH
SOLE N/A X
HILTON HOTELS CORP COM 43284810 308 32900 SH
SOLE N/A X
HOME DEPOT COM 43707610 14150 283350 SH
SOLE N/A X
HOMESTAKE MNG CO C COM 43761410 228 33200 SH
SOLE N/A X
HONEYWELL INT'L IN COM 43851610 3291 97687 SH
SOLE N/A X
HOUSEHOLD INTL COR COM 44181510 2415 58100 SH
SOLE N/A X
HUMANA COM 44485910 104 21400 SH
SOLE N/A X
HUNTINGTON BANCSHA COM 44615010 466 29480 SH
SOLE N/A X
IMS HEALTH, INC COM 44993410 727 40400 SH
SOLE N/A X
ITT INDS INC COM 45091110 340 11200 SH
SOLE N/A X
ILLINOIS TOOL WKS COM 45230810 1818 31900 SH
SOLE N/A X
INCO LTD COM COM 45325840 556 24500 SH
SOLE N/A X
INGERSOLL RAND CO COM 45686610 853 21200 SH
SOLE N/A X
INTEL CORP COM 45814010 55079 412000 SH
SOLE N/A X
INTL BUSINESS MACH COM 45920010 24038 219400 SH
SOLE N/A X
INTERNATIONAL FLAV COM 45950610 408 13500 SH
SOLE N/A X
INTL PAPER COM 46014610 1816 60929 SH
SOLE N/A X
INTERPUBLIC GROUP COM 46069010 1539 35800 SH
SOLE N/A X
JEFFERSON PILOT CO COM 47507010 762 13500 SH
SOLE N/A X
JOHNSON & JOHNSON COM 47816010 17197 168800 SH
SOLE N/A X
JOHNSON CTLS INC C COM 47836610 559 10900 SH
SOLE N/A X
KLA-TENCOR CORPORA COM 48248010 1312 22400 SH
SOLE N/A X
K MART CORP COM COM 48258410 430 63100 SH
SOLE N/A X
KANSAS CITY SOUTHN COM 48517010 1250 14100 SH
SOLE N/A X
KAUFMAN & BROAD HO COM 48616810 121 6100 SH
SOLE N/A X
KELLOGG CO COM COM 48783610 1488 50000 SH
SOLE N/A X
KERR MCGEE CORP CO COM 49238610 648 11000 SH
SOLE N/A X
KEYCORP NEW COM 49326710 975 55300 SH
SOLE N/A X
KIMBERLY CLARK COM 49436810 3896 67900 SH
SOLE N/A X
KNIGHT RIDDER INC COM 49904010 532 10000 SH
SOLE N/A X
KOHLS CORP COM 50025510 2303 41400 SH
SOLE N/A X
KROGER CO COM COM 50104410 2257 102300 SH
SOLE N/A X
LSI LOGIC CORP COM COM 50216110 1970 36400 SH
SOLE N/A X
LEGGETT & PLATT COM 52466010 165 10000 SH
SOLE N/A X
LEHMAN BROS HLDGS COM 52490810 1428 15100 SH
SOLE N/A X
LEXMARK INTL GROUP COM 52977110 1009 15000 SH
SOLE N/A X
LILLY ELI & CO COM COM 53245710 13443 134600 SH
SOLE N/A X
LIMITED INC COM COM 53271610 1176 54400 SH
SOLE N/A X
LINCOLN NATL CORP COM 53418710 921 25500 SH
SOLE N/A X
LINEAR TECHNOLOGY COM 53567810 2302 36000 SH
SOLE N/A X
LIZ CLAIBORNE INC COM 53932010 282 8000 SH
SOLE N/A X
LOCKHEED MARTIN CO COM 53983010 1248 50300 SH
SOLE N/A X
LOEWS CORP COM COM 54042410 744 12400 SH
SOLE N/A X
LONGS DRUG STORES COM 54316210 109 5000 SH
SOLE N/A X
LOUISIANA PAC CORP COM 54634710 149 13700 SH
SOLE N/A X
LOWES COS INC COM COM 54866110 1877 45700 SH
SOLE N/A X
LUCENT TECHNOLOGIE COM 54946310 23647 399100 SH
SOLE N/A X
MBIA COM COM 55262C10 612 12700 SH
SOLE N/A X
MBNA CORP COM 55262L10 2694 99300 SH
SOLE N/A X
MGIC INVT CORP COM 55284810 632 13900 SH
SOLE N/A X
MALLINCKRODT INC N COM 56123210 395 9100 SH
SOLE N/A X
MANOR CARE COM 56405510 99 14200 SH
SOLE N/A X
MARSH & MCLENNAN COM 57174810 3509 33600 SH
SOLE N/A X
MARRIOTT INTL INC COM 57190320 1147 31800 SH
SOLE N/A X
MASCO CORP COM COM 57459910 1012 56000 SH
SOLE N/A X
MATTEL INC COM COM 57708110 700 53100 SH
SOLE N/A X
MAXIM INTEGRATED P COM 57772K10 2174 32000 SH
SOLE N/A X
MAY DEPARTMENT STO COM 57777810 1022 42600 SH
SOLE N/A X
MAYTAG CORP COM COM 57859210 417 11300 SH
SOLE N/A X
MCDERMOTT INTL INC COM 58003710 66 7500 SH
SOLE N/A X
MCDONALD'S COM 58013510 5405 164100 SH
SOLE N/A X
MCGRAW HILL COMPAN COM 58064510 1361 25200 SH
SOLE N/A X
MCKESSON HBOC INC COM 58155Q10 739 35300 SH
SOLE N/A X
MEAD CORP COM COM 58283410 326 12900 SH
SOLE N/A X
MEDIAONE GROUP INC COM 58440J10 5019 74700 SH
SOLE N/A X
MEDIMMUNE, INC COM 58469910 1480 20000 SH
SOLE N/A X
MEDTRONIC INC COM COM 58505510 7213 144800 SH
SOLE N/A X
MELLON FINANCIAL C COM 58551A10 2201 60400 SH
SOLE N/A X
MERCK & CO INC COM COM 58933110 21654 282600 SH
SOLE N/A X
MERCURY INTERACTIV COM 58940510 484 5000 SH
SOLE N/A X
MEREDITH CORP COM COM 58943310 223 6600 SH
SOLE N/A X
MERRILL LYNCH COM 59018810 5394 46900 SH
SOLE N/A X
MICROSOFT COM 59491810 51656 645700 SH
SOLE N/A X
MICRON TECHNOLOGY COM 59511210 5971 67800 SH
SOLE N/A X
MILLIPORE CORP COM COM 60107310 422 5600 SH
SOLE N/A X
MINNESOTA MINING & COM 60405910 4067 49300 SH
SOLE N/A X
MOLEX INC COM 60855410 1083 22500 SH
SOLE N/A X
MORGAN J P & CO IN COM 61688010 2247 20400 SH
SOLE N/A X
MORGAN STANLEY DEA COM 61744644 11522 138400 SH
SOLE N/A X
MOTOROLA COM 62007610 7677 264150 SH
SOLE N/A X
NCR CORP COM 62886E10 234 6000 SH
SOLE N/A X
NABISCO GROUP HLDG COM 62952P10 1074 41400 SH
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