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PAGE:1of 2 13F NAME OF REPORTING MGR: SPECTRUM ADVISORY SERVICES #28-3076 DATE:12/31/99
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ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR INVESTMENT DISCRETION MANAGER VOTING AUTHORITY
NUMBER VALUE PRINC. AMT. SOLE SHARED OTHER SOLE SHARED NONE
ARCHER-DANIELS MIDLD COMMON STOCK 039483102 245 20,188 X 20188
ADAPTEC COMMON STOCK 00651F108 524 10,500 X 10500
AEGON NV ADR COMMON STOCK 007924103 203 2,122 X 2122
AMLI RES PROPERTIES COMMON STOCK 001735109 278 13,780 X 13780
AMLIN PLC COMMON STOCK G0367M101 34 25,000 X 25000
ORDINARY SHARES
AON CORP COMMON STOCK 037389103 2,324 58,100 X 58100
ANADARKO PETROLEUM COMMON STOCK 032511107 255 7,476 X 7476
AIR PRODUCTS & CHEM COMMON STOCK 009158106 376 11,200 X 11200
APPLIED POWER CL A COMMON STOCK 038225108 202 5,500 X 5500
ARCHSTONE COMMON STOCK 039581103 357 17,400 X 17400
COMMUNITIES
ATLANTIC INVST CO GA COMMON STOCK 220 1,000 X 1000
AVATAR HOLDINGS COMMON STOCK 053494100 350 19,300 X 19300
AMERICAN EXPRESS COMMON STOCK 025816109 333 2,000 X 2000
BANK OF AMERICA COMMON STOCK 060505104 388 7,738 X 7738
BELL ATLANTIC CORP COMMON STOCK 077853109 309 5,012 X 5012
BALDOR ELECTRIC CO COMMON STOCK 057741100 587 32,397 X 32397
BANK OF NEW YORK COMMON STOCK 064057102 209 5,215 X 5215
BELLSOUTH CORP COMMON STOCK 079860102 288 6,150 X 6150
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 1,420 22,122 X 22122
BP AMOCO PLC ADR'S COMMON STOCK 055622104 209 3,528 X 3528
BRIDGFORD FOODS COMMON STOCK 108763103 152 15,673 X 15673
BERKSHIRE HATHAWAY COMMON STOCK 084670108 3,142 56 X 56
BERKSHIRE HATHAWAY B COMMON STOCK 084670207 866 473 X 473
BRADLEY REAL ESTATE COMMON STOCK 104580105 208 11,900 X 11900
BALDWIN & LYONS CL B COMMON STOCK 057755209 527 23,800 X 23800
CITIGROUP INC COMMON STOCK 172967101 1,903 34,171 X 34171
CHUBB CORP COMMON STOCK 171232101 267 4,750 X 4750
CABOT CORP COMMON STOCK 127055101 2,105 103,307 X 103307
CDI CORP COMMON STOCK 125071100 718 29,742 X 29742
CATELLUS DEVELOPMENT COMMON STOCK 149111106 335 26,130 X 26130
CELL GENESYS INC COMMON STOCK 150921104 350 27,300 X 27300
CHIRON CORP COMMON STOCK 170040109 208 4,912 X 4912
CLARCOR INC COMMON STOCK 179895107 553 30,701 X 30701
CLAYTON HOMES COMMON STOCK 184190106 615 66,898 X 66898
COCA-COLA BOTTLING COMMON STOCK 191098102 1,263 26,656 X 26656
CORECOMM LIMITED COMMON STOCK G2422R109 1,343 22,613 X 22613
COMMONWEALTH TELE COMMON STOCK 203349105 459 8,688 X 8688
DUPONT EL DENEMOURS COMMON STOCK 263534109 581 8,820 X 8820
DANAHER CORP COMMON STOCK 235851102 1,776 36,818 X 36818
DIONEX CORP COMMON STOCK 254546104 412 10,000 X 10000
ENDOREX CORP COMMON STOCK 346 125,796 X 125796
DIAGNOSTIC PRODUCTS COMMON STOCK 252450101 272 11,100 X 11100
DOWNEY FINANCIAL COMMON STOCK 261018105 428 21,206 X 21206
D S M NV ORD COMMON STOCK N65297108 403 10,104 X 10104
DSM CHEMICAL ADR COMMON STOCK 23332H202 270 27,087 X 27087
EQUIFAX INC COMMON STOCK 294429105 761 32,300 X 32300
EASTGROUP PROPERTIES COMMON STOCK 277276101 653 35,300 X 35300
ENTREMED INC COMMON STOCK 29382F103 526 20,529 X 20529
EOTT ENERGY PRTNRS COMMON STOCK 294103106 165 12,700 X 12700
ELECTRONIC RETAILING COMMON STOCK 285825105 14 14,500 X 14500
FARMER BROS COMMON STOCK 307675108 657 4,130 X 4130
FOREST CITY ENT CL A COMMON STOCK 345550107 692 24,700 X 24700
FIRST DATA CORP COMMON STOCK 319963104 682 13,827 X 13827
FLORIDA E COAST IND COMMON STOCK 340632108 1,144 27,400 X 27400
FLEETWOOD ENTERPRISE COMMON STOCK 339099103 326 15,800 X 15800
FRASER & NEAVE COMMON STOCK V37080104 690 186,500 X 186500
FEDERAL REALTY INV COMMON STOCK 313747206 658 35,000 X 35000
FULLER (HB) COMMON STOCK 359694106 531 9,500 X 9500
GILETTE CO COMMON STOCK 375766102 264 6,400 X 6400
GANNETT CO INC COMMON STOCK 364730101 865 10,600 X 10600
GC COMPANIES COMMON STOCK 36155Q109 1,263 48,800 X 48800
GENERAL ELECTRIC COMMON STOCK 369604103 2,895 18,706 X 18706
GREAT UNIVERSAL COMMON STOCK G40768106 175 30,000 X 30000
STORES PLC ORDINARY
GTE CORP COMMON STOCK 362320103 1,644 23,304 X 23304
HALLIBURTON COMMON STOCK 406216101 1,038 25,800 X 25800
HUNTINGTON BANCSHRS COMMON STOCK 446150104 327 13,699 X 13699
HOME DEPOT COMMON STOCK 437076102 1,503 32,787 X 32787
HOMESTEAD VILLAGE COMMON STOCK 437851108 69 32,481 X 32481
HERSHEY FOODS COMMON STOCK 427866108 312 6,570 X 6570
INTL BUS MACHINES COMMON STOCK 459200101 750 6,952 X 6952
INTL FLAVORS & FRAGS COMMON STOCK 459506101 495 13,159 X 13159
INTERFACE FLOORING COMMON STOCK 458665106 95 16,500 X 16500
INTEL CORP COMMON STOCK 458140100 443 5,380 X 5380
ILLINOIS TOOL WORKS COMMON STOCK 452308109 875 12,950 X 12950
INCORPORATED
JOHNSON & JOHNSON COMMON STOCK 478160104 883 9,465 X 9465
KIRBY CORP COMMON STOCK 497266106 203 9,900 X 9900
KIMBERLY CLARK CORP COMMON STOCK 494368103 1,509 23,065 X 23065
COCA-COLA CO COMMON STOCK 191216100 6,781 116,406 X 116406
KEPPEL LTD ADR COMMON STOCK 492051305 273 52,100 X 52100
LUCENT TECHNOLOGIES COMMON STOCK 549463107 535 7,133 X 7133
MASCO CORP COMMON STOCK 574599106 221 8,700 X 8700
MEDIMMUNE INC COMMON STOCK 584699102 216 1,300 X 1300
MINNESOTA MINING & COMMON STOCK 604059105 519 5,300 X 5300
MANUFACTURING
PHILIP MORRIS COMMON STOCK 718154107 200 8,700 X 8700
MERCK & CO INC COMMON STOCK 589331107 456 6,780 X 6780
NORTHROP GRUMMAN COMMON STOCK 666807102 415 7,684 X 7684
PFIZER INC COMMON STOCK 717081103 209 6,450 X 6450
PROCTER & GAMBLE COMMON STOCK 742718109 232 2,117 X 2117
PROVIDIAN FINANCIAL COMMON STOCK 74406A102 297 3,266 X 3266
CORPORATION
RAVEN INDUSTRIES INC COMMON STOCK 754212108 747 51,097 X 51097
RCN CORP COMMON STOCK 749361101 679 14,000 X 14000
RPC INC COMMON STOCK 749660106 329 57,220 X 57220
ROLLINS TRUCK LEASNG COMMON STOCK 775741101 141 11,812 X 11812
RYANS FAM STEAKHOUSE COMMON STOCK 783519101 114 13,400 X 13400
SCI SYSTEMS COMMON STOCK 783890106 2,917 35,490 X 35490
SECURITY CAPITAL COMMON STOCK 81413P204 458 36,600 X 36600
GROUP
SHONEY'S INC COMMON STOCK 825039100 51 37,000 X 37000
SK TELECOM CO LTD COMMON STOCK 78440P108 386 10,062 X 10062
SOLECTRON CORP COMMON STOCK 834182107 438 4,600 X 4600
SYNOPSYS INC COMMON STOCK 871607107 474 7,100 X 7100
SOUTH TRUST CORP COMMON STOCK 844730101 1,025 27,117 X 27117
SPACEHAB INC COMMON STOCK 846243103 91 16,998 X 16998
SUNTRUST BANKS COMMON STOCK 867914103 6,208 90,214 X 90214
C N A SURETY CORP COMMON STOCK 12612L108 179 13,750 X 13750
AMERICAN TELE & TELE COMMON STOCK 001957109 311 6,113 X 6113
TOKIO MARINE & FIRE COMMON STOCK 889090403 408 6,900 X 6900
ADR
TUPPERWARE CORP COMMON STOCK 899896104 398 23,473 X 23473
TIME WARNER INC COMMON STOCK 887315109 1,815 25,100 X 25100
TEXACO INC COMMON STOCK 881694103 234 4,300 X 4300
TEXAS INSTRUMENTS COMMON STOCK 882508104 271 2,800 X 2800
TYCO INTL LTD COMMON STOCK 902124106 800 20,500 X 20500
TRIZEC HAHN CORP COMMON STOCK 896938107 1,920 113,750 X 113750
UNITED DOMINION RLTY COMMON STOCK 910197102 139 14,100 X 14100
UNIVERSAL FOODS CORP COMMON STOCK 913538104 291 14,300 X 14300
U.S. BANCORP COMMON STOCK 902973106 377 15,853 X 15853
VALSPAR CORPORATION COMMON STOCK 920355104 2,002 47,800 X 47800
VANGUARD SMALL-CAP COMMON STOCK 922908793 156 18,456 X 18456
VALUE INDEX FUND
VULCAN MATERIALS COMMON STOCK 929160109 371 9,300 X 9300
VISHAY INTERTECH COMMON STOCK 928298108 815 25,775 X 25775
WACHOVIA BANK COMMON STOCK 929771103 694 10,200 X 10200
MCI WORLDCOM COMMON STOCK 55268B106 233 6,577 X 6577
WEIS MARKETS COMMON STOCK 948849104 322 7,400 X 7400
WAL-MART STORES INC COMMON STOCK 931142103 807 11,672 X 11672
AQUARION COMMON STOCK 03838W101 758 20,475 X 20475
WEYERHAEUSER CO COMMON STOCK 962166104 596 8,300 X 8300
EXXON MOBIL CORP COMMON STOCK 30231G102 1,151 14,288 X 14288
ZEBRA TECH CL A COMMON STOCK 989207105 1,439 24,600 X 24600
GRAND TOTAL: 92,608,596
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