UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Admendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report
Name: Kennedy Capital Management, Inc.
Address: 10829 Olive Blvd.
St. Louis, MO 63141
13F File Number: 28-3133
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: Charles W. Schweizer
Title: President
Phone: 314-432-0400
Signature, Place, and Date of Signing:
Charles Schweizer, St. Louis, May 12, 1999
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
None.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 513
Form 13F Information Table Value Total: 1,367,889,000
List of Other Included Managers:
None.
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A CONSULTING TEAM INC COM COM 000881102 2807 400987 SH SOLE 400987
AAON INC. COM 000360206 2193 199400 SH SOLE 199400
AARON RENTS INC COM 002535201 3223 206300 SH SOLE 172250 34050
AAVID THERMAL TECH INC COM COM 002539104 1203 87500 SH SOLE 82100 5400
ABLE TELCOM HLDG CORP COM NEW COM 003712304 173 25600 SH SOLE 25600
ADVANCED DIGITAL INFOR CORP COM 007525108 11479 693100 SH SOLE 678000 15100
ADVANTAGE MARKETING SYS COM 00756G209 310 118100 SH SOLE 115800 2300
AEROFLEX INC COM COM 007768104 1925 135100 SH SOLE 127650 7450
AFC CABLE SYS INC COM COM 000950105 738 24800 SH SOLE 24800
ALIGN-RITE INTL INC COM COM 016251100 3308 286100 SH SOLE 271050 15050
ALLIED CAPITAL CORP. COM 01903Q108 3997 217541 SH SOLE 188386 29155
ALLIED PRODS CORP DEL COM COM 019411107 1421 473675 SH SOLE 444075 29600
ALLIED RESH CORP COM COM 019483106 1230 172700 SH SOLE 172700
ALPHA INDS INC COM COM 020753109 12343 671753 SH SOLE 631616 40137
ALPINE GROUP INC COM COM 020825105 4259 420650 SH SOLE 398550 22100
AMBASSADORS INTL INC COM COM 023178106 2294 141700 SH SOLE 135750 5950
AMER MEDICAL ALERT COM COM 027904101 1255 427403 SH SOLE 427403
AMERCO COM COM 023586100 3786 176110 SH SOLE 170670 7940
AMERICA WEST HOLDINGS CORP COM 023657208 3784 198500 SH SOLE 195000 3500
AMERICAN CAPITAL STRAT COM COM 024937104 1130 66000 SH SOLE 66000
AMERICAN ITALIAN PASTA CL A COM 027070101 1250 50000 SH SOLE 50000
AMERICAN PACIFIC CORP COM 028740108 120 15500 SH SOLE 15500
AMERICAN SAFETY INS GROUP ORD COM G02995101 2156 259350 SH SOLE 244450 14900
AMERICAN STATES WATER COM 029899101 4079 168200 SH SOLE 137850 30350
AMERILINK CORP COM COM 03070N108 1464 193650 SH SOLE 187350 6300
AMERUS LIFE HOLDINGS INC COM COM 030732101 11400 474997 SH SOLE 472043 2954
AMES DEPARTMENT STORES INC COM 030789507 1629 43875 SH SOLE 33850 13025
AMKOR TECHNOLOGY INC COM COM 031652100 2165 274900 SH SOLE 260850 14050
AMRESCO INC COM COM 031909104 4727 614850 SH SOLE 596950 17900
AMX CORP COM COM 001801109 460 49700 SH SOLE 49700
ANACOMP INC. COM 032371106 258 16088 SH SOLE 16088
ANALOGIC CORP COM COM 032657207 1084 32900 SH SOLE 27050 5850
ANALYTICAL SURVEYS INC COM NEW COM 032683302 9454 363600 SH SOLE 354550 9050
ANANGEL-AMERN SHIPHLDG SPONSOR COM 032721201 1123 253000 SH SOLE 239100 13900
ANDERSONS INC COM COM 034164103 281 23200 SH SOLE 23200
ANDOVER BANCORP DEL COM COM 034258103 1090 40200 SH SOLE 38050 2150
ANGELICA CORP COM COM 034663104 4113 293800 SH SOLE 240500 53300
ANTEC CORP COM COM 03664P105 3972 184750 SH SOLE 165050 19700
APARTMENT INVT & MGMT CL A COM 03748R101 543 14986 SH SOLE 9736 5250
APOGEE ENTERPRISES INC COM COM 037598109 9422 793400 SH SOLE 744450 48950
APPLIED SCIENCE & TECH COM COM 038236105 779 62000 SH SOLE 58650 3350
APRIA HEALTHCARE GROUP COM COM 037933108 4119 346900 SH SOLE 346900
AREA BANCSHARES CORP COM COM 039872106 1068 45700 SH SOLE 42000 3700
ARKANSAS BEST CORP DEL COM COM 040790107 678 99500 SH SOLE 99500
ARM FINL GROUP INC CL A COM 001944107 6405 428777 SH SOLE 399227 29550
ARMOR HLDGS INC COM COM 042260109 2677 195600 SH SOLE 195600
ARROW INTL INC COM COM 042764100 1419 65800 SH SOLE 55750 10050
ARROW MAGNOLIA INTL COM COM 042768101 413 103250 SH SOLE 103250
ASTEC INDS INC COM COM 046224101 525 17000 SH SOLE 17000
ASTORIA FINL CORP COM COM 046265104 895 17905 SH SOLE 12536 6979
ATCHISON CASTING CORP COM COM 046613105 2371 294050 SH SOLE 294050
ATI TECHNOLOGIES INC COM COM 001941103 2167 141500 SH SOLE 134500 7000
ATLANTIC TELE NETWORK COM NEW COM 049079205 180 20000 SH SOLE 20000
ATMOS ENERGY CORP COM COM 049560105 2646 109950 SH SOLE 89350 20600
AUDIOVOX CORP CL A COM 050757103 10287 1552800 SH SOLE 1495700 57100
AULT INC COM COM 051503100 412 51500 SH SOLE 41600 9900
AVISTA CORP. COM 05379B107 6192 381050 SH SOLE 378450 2600
AVONDALE INDS INC COM COM 054350103 8858 300273 SH SOLE 300273
AZTEC TECH PARTNERS COM COM 05480L101 610 368550 SH SOLE 345900 22650
BALCHEM CORP COM COM 057665200 326 56756 SH SOLE 44950 11806
BALLANTYNE OMAHA COM 058516105 1810 241275 SH SOLE 228190 13085
BANK WEST FINL CORP COM COM 065631103 1192 132450 SH SOLE 97050 35400
BASIN EXPL INC COM COM 070107107 2831 204050 SH SOLE 191450 12600
BATTERIES BATTERIES COM COM 071326102 289 210200 SH SOLE 210200
BEI TECHNOLOGIES, INC. COM 05538P104 383 35600 SH SOLE 28200 7400
BEL FUSE INC CL A COM 077347201 225 5500 SH SOLE 5500
BERGER HLDGS LTD COM NEW COM 084037407 33 13350 SH SOLE 13350
BERKSHIRE ENERGY RESOURCES COM 084644103 275 14400 SH SOLE 14400
BERRY PETE CO CL A COM 085789105 3667 333369 SH SOLE 295869 37500
BINKS SAMES CO COM COM 090527102 6974 376974 SH SOLE 344924 32050
BIOVAIL CORP INTL NEW COM COM 09067K106 1740 45200 SH SOLE 45200
BLUEGREEN CORP COM COM 096231105 1227 251600 SH SOLE 239000 12600
BOLT TECHNOLOGY CORP COM COM 097698104 3193 372950 SH SOLE 358950 14000
BORON LEPORE & ASSOCS COM COM 10001P102 481 46400 SH SOLE 43500 2900
BOSTON ACOUSTICS INC COM COM 100534106 1397 85950 SH SOLE 79525 6425
BOYD BROS TRANSN INC COM COM 103255105 1001 123200 SH SOLE 123200
BRANDY WINE RLTY TR. COM 105368203 2208 135900 SH SOLE 135900
BRIDGFORD FOODS CORP COM COM 108763103 4570 432670 SH SOLE 432670
BRIGHTPOINT INC COM COM 109473108 585 99000 SH SOLE 96000 3000
BROOKTROUT TECHNOLOGY COM COM 114580103 1444 137500 SH SOLE 129000 8500
BROUGHTONS FOODS CO COM COM 114838303 745 67700 SH SOLE 55350 12350
BROWN & SHARPE MFG CO CL A COM 115223109 676 140500 SH SOLE 140500
BTG INC COM COM 05576J101 1025 182300 SH SOLE 182300
BUFFETS INC COM COM 119882108 889 90000 SH SOLE 90000
BUTLER INTL INC NEW COM COM 123649105 6589 358600 SH SOLE 358600
BUTLER MFG CO DEL COM COM 123655102 6722 286807 SH SOLE 262607 24200
C&D TECHNOLOGIES INC COM 124661109 2279 91624 SH SOLE 84724 6900
CABLE DESIGN TECH CORP COM COM 126924109 1045 95000 SH SOLE 95000
CACI INTL INC CL A COM 127190304 8788 518850 SH SOLE 506150 12700
CADMUS COMMUNICATION COM COM 127587103 2577 179300 SH SOLE 148450 30850
CAGLES INC CL A COM 127703106 148 10400 SH SOLE 10400
CAL DIVE INTL INC COM COM 127914109 207 9900 SH SOLE 9900
CAL MAINE FOODS INC COM NEW COM 128030202 1101 200100 SH SOLE 200100
CALLON PETROLEUM CO. COM 13123X102 1199 107790 SH SOLE 72970 34820
CALUMET BANCORP INC COM COM 131386104 706 25000 SH SOLE 25000
CAMERON ASHLEY BUILDNG COM COM 133290106 886 97100 SH SOLE 91950 5150
CAMERON FINL CORP DEL COM COM 133425108 1523 108800 SH SOLE 108800
CANDELA CORP COM COM 136907102 540 60000 SH SOLE 60000
CANDIES INC COM COM 137409108 4301 1286400 SH SOLE 1286400
CAPTEC NET LEASE RLTY COM COM 140724105 200 15400 SH SOLE 15400
CASA OLE RESTAURANTS COM COM 14712P104 760 196100 SH SOLE 176100 20000
CASEYS GEN STORES COM COM 147528103 551 37325 SH SOLE 29275 8050
CATSKILL FINL CORP COM COM 149348104 1761 115950 SH SOLE 90650 25300
CELADON GROUP INC COM COM 150838100 215 26500 SH SOLE 9100 21900
CELLSTAR CORP COM COM 150925105 4827 465250 SH SOLE 465250
CENTRAL GARDEN & PET Co. COM 153527106 1941 115000 SH SOLE 107950 7050
CENTRIS GROUP INC COM COM 155904105 1724 163259 SH SOLE 163259
CET ENVIRONMENTAL SVCS COM COM 125180109 32 20000 SH SOLE 20000
CFM TECHNOLOGIES INC COM COM 12525K106 432 59650 SH SOLE 55950 3700
CFS BANCORP INC COM COM 12525D102 4368 416000 SH SOLE 344050 71950
CHANNELL COML CORP COM COM 159186105 1384 157000 SH SOLE 157000
CHART INDS INC COM COM 16115Q100 6220 947825 SH SOLE 897225 50600
CHARTWELL RE CORP COM COM 16139W109 844 48900 SH SOLE 46500 2400
CHASE CORP. COM 16150R104 219 21000 SH SOLE 21000
CHECK POINT SOFTWARE ORD COM M22465104 1741 40500 SH SOLE 38050 2450
CHECKPOINT SYSTEMS, INC. COM 162825103 1956 235274 SH SOLE 223624 11650
CHEMED CORP COM COM 163596109 2549 99000 SH SOLE 79650 19350
CIPRICO INC COM COM 172529109 247 29950 SH SOLE 19000 10950
CKE RESTAURANTS INC COM COM 12561E105 12525 634200 SH SOLE 600785 33415
COHESANT TECHNOLOGIES COM COM 192480101 38 23400 SH SOLE 23400
COHU INC COM COM 192576106 2981 128200 SH SOLE 106350 21850
COLORADO MEDTECH INC COM COM 19652U104 1672 150300 SH SOLE 142300 8000
COLUMBUS MCKINNON N Y COM COM 199333105 3270 162500 SH SOLE 134600 27900
COMMERCIAL INTERTECH COM COM 201709102 874 78550 SH SOLE 63000 15550
COMMERCIAL METALS CO COM COM 201723103 661 33050 SH SOLE 31450 1600
COMMONWEALTH INDS DEL COM COM 203004106 4585 509450 SH SOLE 454300 55150
COMMUNITY FINL ILL COM COM 20364V109 443 46000 SH SOLE 46000
COMMUNITY FIRST BANKSH COM COM 203902101 3610 180500 SH SOLE 150500 30000
COMMUNITY SAVINGS BANKSHARES I COM 204037105 3913 313034 SH SOLE 262183 50851
COMPUTER TASK GROUP COM COM 205477102 13072 611538 SH SOLE 565738 47800
CONESTOGA ENTERPRISES COM COM 207015108 4935 165883 SH SOLE 165883
CONN WTR SVC INC COM COM 207797101 756 31500 SH SOLE 30000 1500
COOPER COS INC COM NEW COM 216648402 2946 191600 SH SOLE 191600
COREL CORPORATION COM COM 21868Q109 756 220000 SH SOLE 220000
CORNELL CORRECTIONS COM COM 219141108 983 56200 SH SOLE 52750 3450
CORRPRO COS INC COM COM 220317101 1657 145636 SH SOLE 132561 13075
COTELLIGENT GROUP INC COM COM 221630106 7387 832300 SH SOLE 818125 14175
COURIER CORP COM COM 222660102 5238 252437 SH SOLE 209347 43090
COVALENT GROUP INC COM COM 222815102 131 76000 SH SOLE 76000
CRAFTMADE INTL INC COM COM 22413E104 9354 623598 SH SOLE 515011 108587
CRUSADER HOLDING CORP COM COM 228840104 1337 135350 SH SOLE 126950 8400
CRYOLIFE COM 228903100 521 47400 SH SOLE 47400
CTG RES INC COM COM 125957100 1686 69900 SH SOLE 66100 3800
D R HORTON INC COM COM 23331A109 19864 1185925 SH SOLE 1113525 72400
DAKTRONICS INC COM COM 234264109 430 40950 SH SOLE 40950
DATA DIMENSIONS INC COM COM 237654207 1501 324500 SH SOLE 307500 17000
DATA RACE INC COM COM 237842109 1207 219400 SH SOLE 219400
DATA RESH ASSOC INC COM COM 237853106 2447 195750 SH SOLE 158700 37050
DATAWATCH CORP COM COM 237917109 1404 864084 SH SOLE 864084
DAYTON SUPERIOR CORP CL A COM 240028100 2606 150000 SH SOLE 140700 9300
DEB SHOPS INC COM COM 242728103 2754 244800 SH SOLE 236900 7900
DELPHI FINL GROUP INC CL A COM 247131105 2122 62636 SH SOLE 60636 2000
DEXTER CORP COM 252165105 4408 139950 SH SOLE 116850 23100
DIGITAL MICROWAVE CORP COM COM 253859102 779 93000 SH SOLE 87300 5700
DIPLOMAT DIRECT MKTG CORP COM 254551104 424 255700 SH SOLE 255700
DIXIE GROUP INC CL A COM 255519100 1582 222102 SH SOLE 222102
DONNELLY CORP CL A COM 257870105 2980 227050 SH SOLE 181900 45150
DOWNEY FINL CORP COM COM 261018105 394 21540 SH SOLE 21540
DRYPERS CORP COM NEW COM 262497308 1597 740600 SH SOLE 713800 26800
DSP COMMUNICATIONS COM COM 23332K106 635 40000 SH SOLE 40000
DSP GROUP INC COM COM 23332B106 1588 108100 SH SOLE 102150 5950
DSP TECHNOLOGY CORP COM COM 233321108 774 105000 SH SOLE 98100 6900
DUNN COMPUTER CORP VA COM COM 265771105 21 10000 SH SOLE 10000
E TOWN COM COM 269242103 1219 30250 SH SOLE 25200 5050
EASCO INC COM COM 27033E103 1263 174200 SH SOLE 165800 8400
EASTGROUP PROPERTIES SBI COM 277276101 3005 186377 SH SOLE 186377
EDO CORP COM COM 281347104 1659 255300 SH SOLE 200600 54700
EKCO GROUP INC COM COM 282636109 1919 568450 SH SOLE 476750 91700
ELANTEC SEMICONDUCTOR COM COM 284155108 2536 365613 SH SOLE 365613
ELDER BEERMAN STR NEW COM COM 284470101 2613 302900 SH SOLE 286500 16400
ELECTRON CLEARING HSE COM COM 285562203 93 54900 SH SOLE 54900
EMCOR GROUP INC COM COM 29084Q100 749 43600 SH SOLE 43600
EMPI INC COM COM 291586105 278 12850 SH SOLE 9600 3250
EMS TECHNOLOGIES INC COM 26873N108 247 17500 SH SOLE 16300 1200
ENDOSONICS CORP COM COM 29264K105 961 147900 SH SOLE 139900 8000
ENGINEERED SUPPORT SYS COM COM 292866100 495 28900 SH SOLE 27500 1400
ENGLE HOMES INC COM 292896107 5485 522400 SH SOLE 475675 46725
ENLIGHTEN SOFTWR SOLUT COM COM 29336A101 741 242100 SH SOLE 242100
EQUINOX SYS INC COM COM 294436100 2120 226100 SH SOLE 212200 13900
EQUITY MARKETING INC COM COM 294724109 1750 304300 SH SOLE 284450 19850
ESCO ELECTRONICS CORP COM 269030201 3021 335650 SH SOLE 335650
ETHAN ALLEN INTERIORS COM 297602104 216 5200 SH SOLE 5200
EXCEL TECHNOLOGY INC COM COM 30067T103 3955 381218 SH SOLE 362168 19050
F&M BANCORPORATION INC COM COM 302371109 757 22950 SH SOLE 17650 5300
FACTUAL DATA CORP COM COM 303094106 1634 176650 SH SOLE 164000 12650
FALCON PRODS INC COM COM 306075102 1916 268900 SH SOLE 224550 44350
FIDELITY BANKSHARES INC COM COM 316047109 1172 65100 SH SOLE 65100
FINLAY ENTERPRISES INC COM NEW COM 317884203 159 14750 SH SOLE 10600 4150
FIRST SENTINEL BANCORP INC COM 33640T103 2102 262800 SH SOLE 246100 16700
FIRST UN RL EST EQ&MTG SH BEN COM 337400105 6319 1444350 SH SOLE 1344850 99500
FLEXSTEEL INDS INC COM COM 339382103 1714 130600 SH SOLE 106250 24350
FLIR SYS INC COM COM 302445101 2204 121625 SH SOLE 114105 7520
FOSTER WHEELER CORP COM COM 350244109 171 14124 SH SOLE 2700 11424
FREEDOM SECS CORP COM COM 35644K103 6634 416250 SH SOLE 354400 61850
FRESH AMERICA CORP COM COM 35803R105 233 13600 SH SOLE 13600
FRESH FOODS INC COM COM 358034106 564 102550 SH SOLE 97850 4700
GA FINL INC COM COM 361437106 257 17400 SH SOLE 17400
GALILEO TECHNOLOGY LTD ORD COM M47298100 10720 366500 SH SOLE 344200 22300
GALLAGHER ARTHUR J &CO COM COM 363576109 2410 52400 SH SOLE 52400
GARDEN RIDGE CORP COM COM 36541P104 161 23700 SH SOLE 23700
GASONICS INTL CORP COM COM 367278108 981 89200 SH SOLE 84300 4900
GBC BANCORP CALIF COM COM 361475106 1760 117350 SH SOLE 93600 23750
GEHL CO COM COM 368483103 1385 93900 SH SOLE 93900
GENERAL BEARING CORP COM COM 369147103 191 26300 SH SOLE 26300
GENERAL CHEM GROUP INC COM COM 369332101 7010 534100 SH SOLE 494650 39450
GENESCO INC COM COM 371532102 5099 551200 SH SOLE 551200
GENESYS TELECOMMN LABS COM COM 371931106 1420 94300 SH SOLE 88500 5800
GERBER SCIENTIFIC INC COM COM 373730100 7285 360850 SH SOLE 331400 29450
GFSB BANCORP INC COM COM 361692106 397 27600 SH SOLE 27600
GIANT CEMENT HLDG INC COM COM 374450104 1361 79200 SH SOLE 74900 4300
GILMAN & CIOCIA INC COM COM 375908100 1849 147900 SH SOLE 139650 8250
GLOBAL INDL TECH INC COM COM 379335102 3399 327600 SH SOLE 327600
GOODYS FAMILY CLOTHING COM COM 382588101 2767 198500 SH SOLE 198500
GORMAN RUPP CO COM COM 383082104 328 20850 SH SOLE 15500 5350
GRADCO SYS INC COM COM 384111100 109 58200 SH SOLE 56250 1950
GRANTIE CONSTRUCTION COM 387328107 1930 82550 SH SOLE 81700 850
GRC INTERNATIONAL COM COM 361922107 3268 493294 SH SOLE 493294
GS FINL CORP COM COM 362274102 3300 277900 SH SOLE 277900
GUARANTY FED BANCSHS I COM COM 40108P101 1410 127500 SH SOLE 127500
GULF ISLAND FABRICATN COM COM 402307102 210 20000 SH SOLE 20000
GYMBOREE CORP COM COM 403777105 894 100000 SH SOLE 93850 6150
HALL KINION ASSOCIATES COM COM 406069104 3721 595430 SH SOLE 595430
HARMON INDS INC NEW COM COM 413136102 3639 181400 SH SOLE 181400
HAROLDS STORES INC COM COM 413353103 278 39700 SH SOLE 39700
HARRIS FINANCIAL INC COM COM 414541102 3522 292000 SH SOLE 235800 56200
HARVEY ENTMT CO COM COM 417662103 89 20300 SH SOLE 14000 6300
HASKEL INTL INC CL A COM 418106100 1333 107750 SH SOLE 107750
HAVEN BANCORP INC COM COM 419352109 409 31200 SH SOLE 31200
HCC INS HLDGS INC COM COM 404132102 3201 166300 SH SOLE 166300
HCIA INC COM COM 403908106 767 170400 SH SOLE 170400
HEADWAY CORP RESOURCES COM COM 422101105 853 195000 SH SOLE 184600 10400
HEALTHCARE SVCS GP INC COM COM 421906108 2380 250542 SH SOLE 205092 45450
HELEN OF TROY CORP LTD COM COM G4388N106 6232 481700 SH SOLE 481700
HELIX TECHNOLOGY CORP COM COM 423319102 1870 121650 SH SOLE 114950 6700
HENRY JACK & ASSOC INC COM COM 426281101 16169 439960 SH SOLE 416133 23827
HERBALIFE INTL INC CL B COM 426908307 3076 328060 SH SOLE 317960 10100
HERLEY INDS INC DEL COM COM 427398102 8818 734795 SH SOLE 709862 24933
HICKOK INC CL A COM 428839104 115 14900 SH SOLE 14900
HIGHLAND BANCORP INC COM 429879109 3320 90350 SH SOLE 76300 14050
HOLLINGER INTL INC CL A COM 435569108 18286 1348300 SH SOLE 1259750 88550
HOLOGIC INC COM COM 436440101 1182 130400 SH SOLE 124050 6350
HON INDS INC COM COM 438092108 1947 88739 SH SOLE 80839 7900
HOSPITALITY WORLD SVCS COM COM 44106N100 50 20000 SH SOLE 20000
HUMMINGBIRD COMMUNICAT COM COM 44544R101 257 16980 SH SOLE 4030 12950
HUSSMANN INTL INC COM COM 448110106 8957 609850 SH SOLE 605300 4550
ICN PHARMACEUTICAL NEW COM COM 448924100 36945 1470453 SH SOLE 1381885 88568
IDACORP INC COM 451107106 1887 64100 SH SOLE 64100
IKON OFFICE SOLUTIONS COM COM 451713101 4100 320034 SH SOLE 320034
INDEPENDENCE CMNTY BK COM COM 453414104 5586 433838 SH SOLE 433838
INFINIUM SOFTWARE INC COM COM 45662Y109 1315 292200 SH SOLE 292200
INFORMIX CORP COM COM 456779107 685 92900 SH SOLE 87200 5700
INGLES MKTS INC CL A COM 457030104 2805 243928 SH SOLE 197528 46400
INMARK ENTERPRSES INC COM COM 457635100 741 169400 SH SOLE 157825 11575
INNKEEPERS USA TR COM COM 4576J0104 5817 624613 SH SOLE 567413 57200
INNOVEX INC COM COM 457647105 9572 715650 SH SOLE 662150 53500
INSTEEL INDUSTRIES INC COM COM 45774W108 213 37850 SH SOLE 37850
INTEGRATED CIRCUIT SYS COM COM 45811K109 1252 69300 SH SOLE 65500 3800
INTERCONTINENTAL LIFE COM COM 458593100 505 60800 SH SOLE 59200 1600
INTERNATIONAL COMFORT PRODUCTS COM 458978103 2531 321400 SH SOLE 311900 9500
INTERNATIONAL FIBERCOM COM COM 45950T101 3328 507150 SH SOLE 481750 25400
INTERPHASE CORP COM COM 460593106 432 69200 SH SOLE 69200
INTERPOOL INC COM COM 46062R108 3411 252700 SH SOLE 210950 41750
INTL AIRL SUPPORT GRP COM NEW COM 458865201 1316 375969 SH SOLE 349825 26144
J & J SNACK FOODS CORP COM COM 466032109 10226 508137 SH SOLE 508137
JACKSONVILLE BANCORP COM COM 469248108 833 53714 SH SOLE 53714
JAN BELL MARKETING INC COM COM 470760109 1797 388550 SH SOLE 364550 24000
JEFFBANKS INC COM COM 472317106 2408 115351 SH SOLE 93016 22335
JLG INDS INC COM COM 466210101 6624 486200 SH SOLE 438400 47800
JPM CO COM COM 465933109 3229 296950 SH SOLE 280800 16150
KAMAN CORP CL A COM 483548103 4195 327450 SH SOLE 284900 42550
KINNARD INVTS INC COM COM 497059105 637 137800 SH SOLE 130400 7400
KITTY HAWK INC COM COM 498326107 604 76100 SH SOLE 76100
KNICKERBOCKER L L INC COM NEW COM 498859305 149 298034 SH SOLE 298034
KOFAX IMAGE PRODUCTS COM COM 500200100 795 88300 SH SOLE 80100 8200
KOGER EQUITY INC COM COM 500228101 6896 513177 SH SOLE 459777 53400
LACLEDE GAS CO COM COM 505588103 3396 162200 SH SOLE 162200
LADD FURNITURE INC COM COM 505739201 209 12200 SH SOLE 12200
LANCE INC COM COM 514606102 1206 74200 SH SOLE 74200
LIBERTY FINL COS INC COM COM 530512102 1497 63524 SH SOLE 61574 1950
LONDON PACIFIC GROUP LTD COM 542073101 3499 229450 SH SOLE 217200 12250
LSI INDS INC COM COM 50216C108 3876 229700 SH SOLE 229700
M & F WORLDWIDE CORP COM COM 552541104 2147 306750 SH SOLE 306750
MADDEN STEVEN LTD COM COM 556269108 2254 267100 SH SOLE 263200 3900
MAHASKA INVESTMENT CO COM COM 559809108 1604 101832 SH SOLE 96082 5750
MAIN STREET AND MAIN COM NEW COM 560345308 1044 315150 SH SOLE 304850 10300
MANNING GREG AUCTIONS COM COM 563823103 824 87900 SH SOLE 87900
MARSH SUPERMARKETS INC CL B COM 571783208 1180 99385 SH SOLE 99385
MASTEC INC COM COM 576323109 3708 163000 SH SOLE 154250 8750
MATTHEWS INTL CORP CL A COM 577128101 4794 175110 SH SOLE 169010 6100
MAXXIM MED INC COM COM 57777G105 5835 309150 SH SOLE 309150
MCGRATH RENTCORP COM COM 580589109 4543 248950 SH SOLE 206650 42300
MECON INC COM COM 58400M105 79 11300 SH SOLE 5000 6300
MEGABANK FINANCIAL CP COM COM 58515J104 3622 394250 SH SOLE 328200 66050
MENTOR CORP MINN COM COM 587188103 1210 82400 SH SOLE 77350 5050
MERCER INTERNATIONAL INC. COM 588056101 8660 1428446 SH SOLE 1336196 94550
MERIDIAN MED TECH INC COM COM 589658103 225 41400 SH SOLE 41400
MERITOR AUTOMOTIVE INC COM COM 59000G100 1335 86150 SH SOLE 86150
MERRRIMAC INDS INC COM COM 590262101 137 27390 SH SOLE 26840 550
MFC BANCORP Ltd. COM 55271X103 8341 1235700 SH SOLE 1163850 71850
MFRI INC COM COM 552721102 497 159200 SH SOLE 159200
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</TABLE>
