UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 2000
Check here if Amendment [X]; Amendment Number:
This Amendment (check only one.) : [X] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ark Asset Management Co. Inc.
Adress: 125 Broad Street
New York, N.Y. 10004
13F File Number: 28-3332
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 sbumit 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: Lauri London
Title: General Counsel
Phone: 212-487-5010
Signature, Place, and Date of Signing:
Lauri London New York, N.Y. May 4, 2000
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[X] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: NOT APPLICABLE
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 Mangers: 1
Form 13F Information Table Entry Total: 350
Form 13F Information Table Value Total: $14,375,165,000
List of Other Included Managers:
NO. 13F FILE NUMBER NAME
02 DIVERSIFIED INVESTMENT ADVISORS
<PAGE>
<TABLE> <C> <C>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
24/7 MEDIA INC. COM 901314104 668 16900 SH SOLE 16900 0 0
724 SOLUTIONS INC. COM 81788Q100 84038 675000 SH SOLE 608400 0 66600
ABBOTT LABORATORIES COM 002824100 98810 2808100 SH SOLE 2372200 0 435900
ABBOTT LABORATORIES COM 002824100 3755 106700 SH DEFINED 02 106700 0 0
ADTRAN, INC. COM 00738A106 6288 105800 SH SOLE 90300 0 15500
AFFYMETRIX INC. COM 00826T108 52725 355200 SH SOLE 320700 0 34500
AIR PRODUCTS & CHEMICALS INC. COM 009158106 61175 2151200 SH SOLE 1913700 0 237500
AIR PRODUCTS & CHEMICALS INC. COM 009158106 3179 111800 SH DEFINED 02 111800 0 0
ALLSTATE CORP. COM 020002101 67728 2844230 SH SOLE 2526930 0 317300
ALLSTATE CORP. COM 020002101 3491 146600 SH DEFINED 02 146600 0 0
AMERICA ONLINE, INC. COM 02364J104 3911 58000 SH SOLE 55300 0 2700
AMERICAN EXPRESS CO. COM 025816109 1013 6800 SH SOLE 6200 0 600
AMERICAN INTERNATIONAL GROUP COM 026874107 211625 1932649 SH SOLE 1605999 0 326650
AMERICAN INTERNATIONAL GROUP COM 026874107 7216 65900 SH DEFINED 02 65900 0 0
AMERICAN MANAGEMENT SYSTEMS IN COM 027352103 3912 89300 SH SOLE 76200 0 13100
AMGEN INC. COM 031162100 2283 37200 SH SOLE 35900 0 1300
ANADARKO PETROLEUM CORP. COM 032511107 375 9700 SH SOLE 9700 0 0
ANIXTER INTERNATIONAL INC. COM 035290105 11209 402100 SH SOLE 343300 0 58800
ANIXTER INTERNATIONAL INC. COM 035290105 229 8200 SH DEFINED 02 8200 0 0
APPLIED MATERIALS, INC. COM 038222105 1442 15300 SH SOLE 14300 0 1000
ARCHER-DANIELS-MIDLAND CO. COM 039483102 95843 9293871 SH SOLE 8239398 0 1054473
ARCHER-DANIELS-MIDLAND CO. COM 039483102 5022 486981 SH DEFINED 02 486981 0 0
ARK SPECIALTY GROWTH FUND 1 COM 995150737 6651 809051 SH SOLE 0 0 809051
ARVIN INDUSTRIES INC. COM 043339100 744 32900 SH SOLE 28200 0 4700
ASPECT COMMUNICATIONS CORP. COM 04523Q102 37989 1025000 SH SOLE 923900 0 101100
ASTORIA FINANCIAL CORP. COM 046265104 3351 118100 SH SOLE 101000 0 17100
AT HOME CORP. COM 045919107 823 25000 SH SOLE 25000 0 0
ATLANTIC RICHFIELD CO. COM 048825103 17272 203200 SH SOLE 148300 0 54900
AT&T CORP. COM 001957109 327415 5814250 SH SOLE 4892250 0 922000
AT&T CORP. COM 001957109 11910 211500 SH DEFINED 02 211500 0 0
AT&T CORP.-LIBERTY MEDIA CL A COM 001957208 2894 48800 SH SOLE 48800 0 0
AUTODESK INC. COM 052769106 5815 127800 SH SOLE 109100 0 18700
AVID TECHNOLOGY INC. COM 05367P100 1158 64800 SH SOLE 55300 0 9500
BAKER-HUGHES INC. COM 057224107 529 17500 SH SOLE 17500 0 0
BALLARD POWER SYSTEMS INC. COM 05858H104 46475 550000 SH SOLE 495700 0 54300
BANK OF AMERICA CORP. COM 060505104 174266 3323300 SH SOLE 2766500 0 556800
BANK OF AMERICA CORP. COM 060505104 5836 111300 SH DEFINED 02 111300 0 0
BANK OF NEW YORK CO., INC. COM 064057102 5175 124500 SH SOLE 123600 0 900
BANK ONE CORP. COM 06423A103 34099 991981 SH SOLE 882781 0 109200
BANK ONE CORP. COM 06423A103 1791 52100 SH DEFINED 02 52100 0 0
BANK UNITED CORP. COM 065412108 2509 79500 SH SOLE 67900 0 11600
BAUSCH & LOMB INC. COM 071707103 585 11200 SH SOLE 11200 0 0
BAXTER INTERNATIONAL INC. COM 071813109 213138 3400000 SH SOLE 2889600 0 510400
BAXTER INTERNATIONAL INC. COM 071813109 8262 131800 SH DEFINED 02 131800 0 0
BEA SYSTEMS INC. COM 073325102 62992 1717000 SH SOLE 1549200 0 167800
BELL ATLANTIC CORP. COM 077853109 26120 427316 SH SOLE 320916 0 106400
BELLSOUTH CORP. COM 079860102 158203 3375000 SH SOLE 2828100 0 546900
BELLSOUTH CORP. COM 079860102 5747 122600 SH DEFINED 02 122600 0 0
BESTFOODS COM 08658U101 108142 2310100 SH SOLE 2050400 0 259700
BESTFOODS COM 08658U101 5636 120400 SH DEFINED 02 120400 0 0
BEVERLY ENTERPRISES INC. COM 087851309 1683 456300 SH SOLE 389900 0 66400
BINDLEY WESTERN INDUSTRIES INC COM 090324104 5315 391900 SH SOLE 334500 0 57400
BRISTOL-MYERS SQUIBB CO. COM 110122108 2094 36100 SH SOLE 33700 0 2400
BROADBASE SOFTWARE INC. COM 11130R100 43863 1100000 SH SOLE 991400 0 108600
BROCADE COMMUNICATIONS SYSTEMS COM 111621108 216645 1208200 SH SOLE 1089900 0 118300
BURLINGTON NORTHERN SANTA FE COM 12189T104 105237 4625800 SH SOLE 4107100 0 518700
BURLINGTON NORTHERN SANTA FE COM 12189T104 5465 240200 SH DEFINED 02 240200 0 0
BURLINGTON RESOURCES INC. COM 122014103 101029 2730500 SH SOLE 2303000 0 427500
BURLINGTON RESOURCES INC. COM 122014103 3778 102100 SH DEFINED 02 102100 0 0
CABLE DESIGN TECHNOLOGIES CORP COM 126924109 7300 215100 SH SOLE 183700 0 31400
CABLEVISION SYSTEMS CORP. COM 12686C109 48333 795600 SH SOLE 580400 0 215200
CALLAWAY GOLF CO. COM 131193104 4893 315700 SH SOLE 269600 0 46100
CBS CORPORATION COM 12490K107 1778 31400 SH SOLE 30400 0 1000
CEC ENTERTAINMENT INC. COM 125137109 4208 155150 SH SOLE 132500 0 22650
CENTEX CORP. COM 152312104 3748 157400 SH SOLE 134500 0 22900
CHAMPION INTERNATIONAL CORP. COM 158525105 37898 711700 SH SOLE 517000 0 194700
CHARTER COMMUNICATIONS INC. (D COM 16117M107 977 68200 SH SOLE 68200 0 0
CHASE MANHATTAN CORP. COM 16161A108 78530 900700 SH SOLE 795600 0 105100
CHASE MANHATTAN CORP. COM 16161A108 4255 48800 SH DEFINED 02 48800 0 0
CHEVRON CORP. COM 166751107 186955 2022500 SH SOLE 1736100 0 286400
CHEVRON CORP. COM 166751107 7977 86300 SH DEFINED 02 86300 0 0
CHUBB CORP. COM 171232101 161975 2397408 SH SOLE 2005408 0 392000
CHUBB CORP. COM 171232101 5871 86900 SH DEFINED 02 86900 0 0
CIGNA CORP. COM 125509109 120761 1594200 SH SOLE 1428300 0 165900
CIGNA CORP. COM 125509109 6408 84600 SH DEFINED 02 84600 0 0
CISCO SYSTEMS INC. COM 17275R102 86729 1121800 SH SOLE 1017600 0 104200
CITIGROUP INC. COM 172967101 107048 1787850 SH SOLE 1318350 0 469500
CITIGROUP INC. COM 172967101 455 7600 SH DEFINED 02 7600 0 0
CNET NETWORKS INC. COM 12613R104 58291 1150000 SH SOLE 1036700 0 113300
COCA-COLA CO. COM 191216100 1657 35300 SH SOLE 32300 0 3000
COMCAST CORP. SPECIAL CL A COM 200300200 15225 351000 SH SOLE 248300 0 102700
COMERICA, INC. COM 200340107 1160 27700 SH SOLE 27700 0 0
COMPAQ COMPUTER CORP. COM 204493100 279936 10464900 SH SOLE 8924400 0 1540500
COMPAQ COMPUTER CORP. COM 204493100 11668 436200 SH DEFINED 02 436200 0 0
COMPUTER SCIENCES CORP. COM 205363104 1535 19400 SH SOLE 19100 0 300
CONAGRA INC. COM 205887102 100637 5552400 SH SOLE 4924300 0 628100
CONAGRA INC. COM 205887102 5332 294200 SH DEFINED 02 294200 0 0
CONOCO INC. CLASS A COM 208251306 225826 9170600 SH SOLE 7807100 0 1363500
CONOCO INC. CLASS A COM 208251306 9195 373400 SH DEFINED 02 373400 0 0
CONOCO INC. (CLASS B) COM 208251405 1230 47983 SH SOLE 47183 0 800
CONSOLIDATED EDISON INC. COM 209115104 524 18000 SH SOLE 17500 0 500
COOPER TIRE & RUBBER CO. COM 216831107 3652 290700 SH SOLE 248200 0 42500
CRITICAL PATH INC. COM 22674V100 161500 1900000 SH SOLE 1712500 0 187500
CSX CORP. COM 126408103 55860 2377000 SH SOLE 2103500 0 273500
CSX CORP. COM 126408103 3001 127700 SH DEFINED 02 127700 0 0
CYTEC INDUSTRIES, INC. COM 232820100 4248 138700 SH SOLE 118400 0 20300
DANA CORP. COM 235811106 28568 1013500 SH SOLE 734600 0 278900
DEERE & CO. COM 244199105 94008 2473900 SH SOLE 2195600 0 278300
DEERE & CO. COM 244199105 4970 130800 SH DEFINED 02 130800 0 0
DELL COMPUTER CORP. COM 247025109 2260 41900 SH SOLE 38800 0 3100
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 67452 4215778 SH SOLE 3740578 0 475200
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 3563 222700 SH DEFINED 02 222700 0 0
DENTSPLY INTERNATIONAL INC. COM 249030107 4296 151400 SH SOLE 129300 0 22100
DEVON ENERGY CORP. COM 25179M103 1646 33899 SH SOLE 33899 0 0
DIGITAL ISLAND INC. COM 25385N101 44180 725000 SH SOLE 653500 0 71500
DOW CHEMICAL CO. COM 260543103 187564 1645300 SH SOLE 1459000 0 186300
DOW CHEMICAL CO. COM 260543103 9872 86600 SH DEFINED 02 86600 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 2493 47100 SH SOLE 45800 0 1300
DUKE ENERGY CO. COM 264399106 28723 547100 SH SOLE 403200 0 143900
DYNEGY INC. CL-A COM 26816Q101 2246 35800 SH SOLE 35800 0 0
EASTMAN CHEMICAL CO. COM 277432100 710 15600 SH SOLE 15600 0 0
EASTMAN KODAK CO. COM 277461109 94840 1746200 SH SOLE 1549200 0 197000
EASTMAN KODAK CO. COM 277461109 5018 92400 SH DEFINED 02 92400 0 0
EDWARDS (AG) INC. COM 281760108 4156 103900 SH SOLE 88600 0 15300
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 16239 253000 SH SOLE 180200 0 72800
EMERSON ELECTRIC CO. COM 291011104 127155 2393500 SH SOLE 2121900 0 271600
EMERSON ELECTRIC CO. COM 291011104 6731 126700 SH DEFINED 02 126700 0 0
ENHANCE FINANCIAL SERVICES GRO COM 293310108 3999 283100 SH SOLE 241800 0 41300
ENRON CORP. COM 293561106 57774 771600 SH SOLE 699200 0 72400
EXODUS COMMUNICATIONS INC. COM 302088109 63225 450000 SH SOLE 405600 0 44400
EXXON MOBIL CORP. COM 30231G102 320694 4114755 SH SOLE 3475727 0 639028
EXXON MOBIL CORP. COM 30231G102 11831 151800 SH DEFINED 02 151800 0 0
FAIRCHILD SEMICONDUCTOR INTL. COM 303726103 145248 3979400 SH SOLE 3592300 0 387100
FEDERAL HOME LOAN MORTGAGE CO. COM 313400301 56529 1279300 SH SOLE 926700 0 352600
FEDERAL NATIONAL MORTGAGE ASSN COM 313586109 78396 1386000 SH SOLE 1228500 0 157500
FEDERAL NATIONAL MORTGAGE ASSN COM 313586109 4191 74100 SH DEFINED 02 74100 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 183832 4351060 SH SOLE 3648760 0 702300
FEDERATED DEPARTMENT STORES COM 31410H101 6709 158800 SH DEFINED 02 158800 0 0
FIRST UNION CORP. COM 337358105 33097 888500 SH SOLE 786700 0 101800
FIRST UNION CORP. COM 337358105 1807 48500 SH DEFINED 02 48500 0 0
FIRSTENERGY CORP. COM 337932107 121661 5898700 SH SOLE 5016600 0 882100
FIRSTENERGY CORP. COM 337932107 4983 241600 SH DEFINED 02 241600 0 0
FLEETBOSTON FINANCIAL CORP. COM 339030108 109873 3010221 SH SOLE 2358835 0 651386
FLEETBOSTON FINANCIAL CORP. COM 339030108 2832 77600 SH DEFINED 02 77600 0 0
FLEXTRONICS INTERNATIONAL LTD. COM Y2573F102 111404 1581600 SH SOLE 1428700 0 152900
FORD MOTOR CO. COM 345370100 95173 2071800 SH SOLE 1839900 0 231900
FORD MOTOR CO. COM 345370100 4975 108300 SH DEFINED 02 108300 0 0
FORT JAMES CORP. COM 347471104 72186 3281200 SH SOLE 2911200 0 370000
FORT JAMES CORP. COM 347471104 3782 171900 SH DEFINED 02 171900 0 0
FPL GROUP INC. COM 302571104 95294 2068800 SH SOLE 1836800 0 232000
FPL GROUP INC. COM 302571104 4943 107300 SH DEFINED 02 107300 0 0
GAP (THE) INC. COM 364760108 837 16800 SH SOLE 15700 0 1100
GEMSTAR INTERNATIONL GROUP LTD COM G3788V106 65850 765700 SH SOLE 691600 0 74100
GENENTECH INC.(NEW) COM 368710406 85530 562700 SH SOLE 508400 0 54300
GENERAL DYNAMICS CORP. COM 369550108 127121 2555200 SH SOLE 2068700 0 486500
GENERAL DYNAMICS CORP. COM 369550108 3229 64900 SH DEFINED 02 64900 0 0
GENERAL ELECTRIC CO. COM 369604103 8373 53800 SH SOLE 49800 0 4000
GEORGIA-PACIFIC CORP. COM 373298108 120397 3043200 SH SOLE 2699700 0 343500
GEORGIA-PACIFIC CORP. COM 373298108 6338 160200 SH DEFINED 02 160200 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 529 22700 SH SOLE 22700 0 0
GREENPOINT FINANCIAL CORP. COM 395384100 2806 143000 SH SOLE 122200 0 20800
GTE CORP. COM 362320103 180944 2548500 SH SOLE 2147500 0 401000
GTE CORP. COM 362320103 7256 102200 SH DEFINED 02 102200 0 0
GTECH HOLDINGS CORP. COM 400518106 4769 256900 SH SOLE 219400 0 37500
HALLIBURTON COMPANY COM 406216101 23495 571300 SH SOLE 414100 0 157200
HARLEY-DAVIDSON INC. COM 412822108 1016 25600 SH SOLE 25600 0 0
HARRAH'S ENTERTAINMENT, INC. COM 413619107 3506 188900 SH SOLE 161600 0 27300
HARTFORD FINANCIAL SERVICES GR COM 416515104 45776 867800 SH SOLE 622200 0 245600
HCC INSURANCE HOLDINGS INC. COM 404132102 6608 498700 SH SOLE 425800 0 72900
HCC INSURANCE HOLDINGS INC. COM 404132102 135 10200 SH DEFINED 02 10200 0 0
HEINZ (HJ) CO. COM 423074103 95163 2728700 SH SOLE 2418900 0 309800
HEINZ (HJ) CO. COM 423074103 5008 143600 SH DEFINED 02 143600 0 0
HELMERICH & PAYNE INC. COM 423452101 4055 130800 SH SOLE 111600 0 19200
HENRY SCHEIN INC. COM 806407102 633 39100 SH SOLE 33300 0 5800
HEWLETT-PACKARD CO. COM 428236103 68124 513900 SH SOLE 372800 0 141100
HOME DEPOT, INC. COM 437076102 3099 48050 SH SOLE 45200 0 2850
HOME OWNERSHIP FDG CORP PREF. COM 437296205 350 450 SH SOLE 450 0 0
HONEYWELL INTERNATIONAL, INC. COM 438516106 896 17000 SH SOLE 16000 0 1000
HOUSEHOLD INTERNATIONAL INC. COM 441815107 118150 3166500 SH SOLE 2520800 0 645700
HOUSEHOLD INTERNATIONAL INC. COM 441815107 2839 76100 SH DEFINED 02 76100 0 0
HUMAN GENOME SCIENCES INC. COM 444903108 45684 550000 SH SOLE 495700 0 54300
HUMANA, INC. COM 444859102 500 68400 SH SOLE 68400 0 0
HYPERION SOLUTIONS CORP. COM 44914M104 4456 137100 SH SOLE 117000 0 20100
IMMUNEX CORP. COM 452528102 1732 27300 SH SOLE 27300 0 0
INFOSPACE.COM INC. COM 45678T102 73228 1007000 SH SOLE 908400 0 98600
INTEL CORP. COM 458140100 75415 571600 SH SOLE 518200 0 53400
INTERNATIONAL BUSINESS MACHINE COM 459200101 126909 1075500 SH SOLE 863000 0 212500
INTERNATIONAL BUSINESS MACHINE COM 459200101 3198 27100 SH DEFINED 02 27100 0 0
INTERNATIONAL PAPER CO. COM 460146103 174264 4076362 SH SOLE 3452200 0 624162
INTERNATIONAL PAPER CO. COM 460146103 6921 161900 SH DEFINED 02 161900 0 0
INTERSIL HOLDING CORP. COM 46069S109 46519 900000 SH SOLE 811200 0 88800
INTERTRUST TECHNOLOGIES CORP. COM 46113Q109 37188 875000 SH SOLE 788700 0 86300
ISS GROUP INC. COM 450306105 401343 3445000 SH SOLE 3105300 0 339700
JACOBS ENGINEERING GROUP INC. COM 469814107 6187 194100 SH SOLE 165900 0 28200
JDS UNIPHASE CORP. COM 46612J101 1531 12700 SH SOLE 12700 0 0
JOHNSON & JOHNSON COM 478160104 71978 1024600 SH SOLE 918300 0 106300
JOHNSON & JOHNSON COM 478160104 4089 58200 SH DEFINED 02 58200 0 0
JUNIPER NETWORKS INC. COM 48203R104 764 2900 SH SOLE 2900 0 0
KEYCORP COM 493267108 58036 3054500 SH SOLE 2710600 0 343900
KEYCORP COM 493267108 3475 182900 SH DEFINED 02 182900 0 0
KIMBERLY-CLARK CORP. COM 494368103 46751 833900 SH SOLE 606200 0 227700
KROGER CO. COM 501044101 134961 7684600 SH SOLE 6335700 0 1348900
KROGER CO. COM 501044101 4396 250300 SH DEFINED 02 250300 0 0
LAM RESEARCH CORP. COM 512807108 148287 3290700 SH SOLE 2970100 0 320600
LEHMAN BROTHERS HOLDINGS INC. COM 524908100 1523 15700 SH SOLE 15700 0 0
LILLY (ELI) & CO. COM 532457108 55004 878300 SH SOLE 785900 0 92400
LILLY (ELI) & CO. COM 532457108 2975 47500 SH DEFINED 02 47500 0 0
LITTON INDUSTRIES INC. COM 538021106 4149 93900 SH SOLE 80200 0 13700
LOEWS CORP. COM 540424108 405 8100 SH SOLE 8100 0 0
LORAL SPACE & COMMUNICATIONS COM G56462107 14369 1410500 SH SOLE 1019000 0 391500
LUBRIZOL CORP. COM 549271104 3449 119700 SH SOLE 102200 0 17500
LUCENT TECHNOLOGIES INC. COM 549463107 1556 25100 SH SOLE 21300 0 3800
MARCHFIRST INC. COM 566244109 142375 3989500 SH SOLE 3599900 0 389600
MASCO CORP. COM 574599106 106198 5180400 SH SOLE 4605400 0 575000
MASCO CORP. COM 574599106 5560 271200 SH DEFINED 02 271200 0 0
MAY DEPARTMENT STORES CO. COM 577778103 196054 6879074 SH SOLE 5802824 0 1076250
MAY DEPARTMENT STORES CO. COM 577778103 7527 264100 SH DEFINED 02 264100 0 0
MCDONALD'S CORP. COM 580135101 75595 2022600 SH SOLE 1804300 0 218300
MCDONALD'S CORP. COM 580135101 3913 104700 SH DEFINED 02 104700 0 0
MCI WORLDCOM INC. COM 55268B106 131966 2912350 SH SOLE 2370300 0 542050
MCI WORLDCOM INC. COM 55268B106 3811 84100 SH DEFINED 02 84100 0 0
MEAD CORP. COM 582834107 1446 41400 SH SOLE 41400 0 0
MEDIMMUNE INC. COM 584699102 114731 658900 SH SOLE 594900 0 64000
MEDTRONIC INC. COM 585055106 813 15800 SH SOLE 14300 0 1500
MELLON FINANCIAL CORP. COM 58551A108 50724 1705000 SH SOLE 1235000 0 470000
MERRILL LYNCH & CO. INC. COM 590188108 25043 238500 SH SOLE 179500 0 59000
METRO-GOLDWYN-MAYER INC. COM 591610100 1040 40900 SH SOLE 40900 0 0
MICRON TECHNOLOGY, INC. COM 595112103 63050 1000800 SH SOLE 901400 0 99400
MICROSOFT CORP. COM 594918104 11050 104000 SH SOLE 97700 0 6300
MINIMED INC. COM 60365K108 1619 12500 SH SOLE 12500 0 0
MOHAWK INDUSTRIES INC. COM 608190104 5650 252500 SH SOLE 215700 0 36800
MONSANTO CO. COM 611662107 247 4800 SH SOLE 4000 0 800
MORGAN STANLEY DEAN WITTER & C COM 617446448 22335 269500 SH SOLE 200700 0 68800
MOTOROLA, INC. COM 620076109 97188 665672 SH SOLE 600700 0 64972
NABORS INDUSTRIES INC. COM 629568106 4953 127626 SH SOLE 120639 0 6987
NATIONAL SEMICONDUCTOR CORP. COM 637640103 67068 1104000 SH SOLE 998000 0 106000
NCO GROUP INC. COM 628858102 3175 99400 SH SOLE 84900 0 14500
NORFOLK SOUTHERN CORP. COM 655844108 87274 6124500 SH SOLE 5440800 0 683700
NORFOLK SOUTHERN CORP. COM 655844108 4563 320200 SH DEFINED 02 320200 0 0
NORTEL NETWORKS CORP. COM 656569100 4133 32800 SH SOLE 31100 0 1700
OCCIDENTAL PETROLEUM CORP. COM 674599105 795 38300 SH SOLE 37600 0 700
OLD REPUBLIC INTERNATIONAL COR COM 680223104 3508 255100 SH SOLE 218100 0 37000
OMNICOM GROUP COM 681919106 1395 14900 SH SOLE 14600 0 300
ORACLE SYSTEMS CORP. COM 68389X105 132378 1695800 SH SOLE 1529500 0 166300
ORTHODONTIC CENTERS OF AMERICA COM 68750P103 11079 583100 SH SOLE 497300 0 85800
ORTHODONTIC CENTERS OF AMERICA COM 68750P103 226 11900 SH DEFINED 02 11900 0 0
PACTIV CORPORATION COM 695257105 239 27500 SH SOLE 27500 0 0
PARKER HANNIFIN CORP. COM 701094104 1508 36500 SH SOLE 36500 0 0
PE CORP.-CELERA GENOMICS COM 69332S201 41456 450000 SH SOLE 405600 0 44400
PE CORP.-PE BIOSYSTEMS GROUP COM 69332S102 72269 748900 SH SOLE 677000 0 71900
PECO ENERGY CO. COM 693304107 26329 714000 SH SOLE 517400 0 196600
PENNZOIL-QUAKER ST CO COM 709323109 149 14300 SH SOLE 14300 0 0
PEOPLES HERITAGE FINANCIAL GRO COM 711147108 3431 228700 SH SOLE 195400 0 33300
PEPSI BOTTLING GROUP INC. COM 713409100 85064 4253200 SH SOLE 3766900 0 486300
PEPSI BOTTLING GROUP INC. COM 713409100 4566 228300 SH DEFINED 02 228300 0 0
PEPSICO, INC. COM 713448108 151549 4345500 SH SOLE 3635600 0 709900
PEPSICO, INC. COM 713448108 5486 157300 SH DEFINED 02 157300 0 0
PFIZER, INC. COM 717081103 2413 66000 SH SOLE 61300 0 4700
PG&E CORP. COM 69331C108 338 16100 SH SOLE 15300 0 800
PHARMACIA & UPJOHN, INC. COM 716941109 23330 392100 SH SOLE 281500 0 110600
PHILIP MORRIS COMPANIES INC. COM 718154107 1526 72250 SH SOLE 69350 0 2900
PHILLIPS PETROLEUM CO. COM 718507106 47120 1018800 SH SOLE 902100 0 116700
PHILLIPS PETROLEUM CO. COM 718507106 2470 53400 SH DEFINED 02 53400 0 0
PIER 1 IMPORTS INC. COM 720279108 5845 570200 SH SOLE 487200 0 83000
PIER 1 IMPORTS INC. COM 720279108 119 11600 SH DEFINED 02 11600 0 0
PIONEER STANDARD ELECTRONICS I COM 723877106 4350 276200 SH SOLE 235700 0 40500
PITNEY-BOWES, INC. COM 724479100 36787 823200 SH SOLE 591900 0 231300
PMI GROUP INC. COM 69344M101 5538 116750 SH SOLE 99900 0 16850
PNC FINANCIAL SERVICES GROUP COM 693475105 816 18100 SH SOLE 11200 0 6900
PORTAL SOFTWARE INC. COM 736126103 174457 3064000 SH SOLE 2765800 0 298200
PPG INDUSTRIES, INC. COM 693506107 115182 2201800 SH SOLE 1869200 0 332600
PPG INDUSTRIES, INC. COM 693506107 4687 89600 SH DEFINED 02 89600 0 0
PRAXAIR, INC. COM 74005P104 125870 3023900 SH SOLE 2572700 0 451200
PRAXAIR, INC. COM 74005P104 5116 122900 SH DEFINED 02 122900 0 0
PROVIDIAN FINANCIAL CORP. COM 74406A102 1265 14600 SH SOLE 14400 0 200
PUBLIC SERVICE COMPANY OF NEW COM 744499104 3681 233700 SH SOLE 199800 0 33900
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 88715 2994600 SH SOLE 2657400 0 337200
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 4675 157800 SH DEFINED 02 157800 0 0
PULTE CORP. COM 745867101 4021 192600 SH SOLE 164600 0 28000
RALCORP HOLDINGS INC. COM 751028101 3200 220700 SH SOLE 188400 0 32300
RALSTON PURINA CO. COM 751277302 37406 1360200 SH SOLE 976100 0 384100
REALNETWORKS INC. COM 75605L104 85406 1500000 SH SOLE 1352100 0 147900
REMEDY CORP. COM 759548100 5805 137800 SH SOLE 117600 0 20200
RENAL CARE GROUP INC. COM 759930100 2804 129300 SH SOLE 110500 0 18800
REXALL SUNDOWN INC. COM 761648104 9058 641300 SH SOLE 547700 0 93600
REXALL SUNDOWN INC. COM 761648104 185 13100 SH DEFINED 02 13100 0 0
REYNOLDS & REYNOLDS CO. CLASS COM 761695105 3348 124000 SH SOLE 105900 0 18100
ROCKWELL INTERNATIONAL CORP. COM 773903109 213 5100 SH SOLE 4700 0 400
ROHM & HAAS CO. COM 775371107 37668 844100 SH SOLE 611300 0 232800
ROLLINS TRUCK LEASING CORP. COM 775741101 2768 328000 SH SOLE 280200 0 47800
ROMAC INTERNATIONAL INC. COM 775835101 791 87300 SH SOLE 74600 0 12700
ROYAL DUTCH PETROLEUM CO. COM 780257804 2815 48700 SH SOLE 46100 0 2600
SBC COMMUNICATIONS INC. COM 78387G103 177227 4207174 SH SOLE 3580374 0 626800
SBC COMMUNICATIONS INC. COM 78387G103 6833 162200 SH DEFINED 02 162200 0 0
SCHERING-PLOUGH CORP. COM 806605101 3000 80800 SH SOLE 79000 0 1800
SCI SYSTEMS INC. COM 783890106 104044 1935700 SH SOLE 1748200 0 187500
SEACOR SMIT INC. COM 811904101 4124 68300 SH SOLE 58300 0 10000
SEAGATE TECHNOLOGY COM 811804103 32994 527900 SH SOLE 381300 0 146600
SEAGRAM COMPANY, LTD. COM 811850106 303 5100 SH SOLE 4500 0 600
SEARS ROEBUCK AND COMPANY COM 812387108 903 29500 SH SOLE 29000 0 500
SELECTICA INC. COM 816288104 30888 350000 SH SOLE 315500 0 34500
SENSORMATIC ELECTRONICS CORP. COM 817265101 8069 359600 SH SOLE 307000 0 52600
SIERRA PACIFIC RESOURCES CORP. COM 826428104 3286 262880 SH SOLE 224480 0 38400
SILVERSTREAM SOFTWARE INC. COM 827907106 72028 975000 SH SOLE 878800 0 96200
SLI INC. COM 78442T108 9517 559800 SH SOLE 478000 0 81800
SLI INC. COM 78442T108 194 11400 SH DEFINED 02 11400 0 0
SOLUTIA INC COM 834376105 575 43000 SH SOLE 43000 0 0
SPDR TR UNIT SER 1 COM 78462F103 20601 137000 SH SOLE 137000 0 0
ST PAUL COS INC. COM 792860108 94489 2768900 SH SOLE 2455800 0 313100
ST PAUL COS INC. COM 792860108 4583 134300 SH DEFINED 02 134300 0 0
STAPLES INC. COM 855030102 1486 74300 SH SOLE 74300 0 0
SUN MICROSYSTEMS INC. COM 866810104 1040 11100 SH SOLE 9200 0 1900
SYCAMORE NETWORKS INC. COM 871206108 155381 1204500 SH SOLE 1086100 0 118400
TANDY CORP. COM 875382103 1715 33800 SH SOLE 33400 0 400
TECH DATA CORP. COM 878237106 5766 175400 SH SOLE 149800 0 25600
TEMPLE-INLAND INC. COM 879868107 1026 20600 SH SOLE 20600 0 0
TENET HEALTHCARE CORP. COM 88033G100 137478 5977300 SH SOLE 5084900 0 892400
TENET HEALTHCARE CORP. COM 88033G100 5311 230900 SH DEFINED 02 230900 0 0
TEXACO INC. COM 881694103 187281 3484300 SH SOLE 2966000 0 518300
TEXACO INC. COM 881694103 7579 141000 SH DEFINED 02 141000 0 0
TEXAS INSTRUMENTS, INC. COM 882508104 1520 9500 SH SOLE 8500 0 1000
TEXAS UTILITIES CO. COM 882848104 82997 2795700 SH SOLE 2482300 0 313400
TEXAS UTILITIES CO. COM 882848104 4367 147100 SH DEFINED 02 147100 0 0
TEXTRON, INC. COM 883203101 28794 473000 SH SOLE 344800 0 128200
TIME WARNER, INC. COM 887315109 46640 466400 SH SOLE 339200 0 127200
TJX COMPANIES INC. COM 872540109 51952 2341500 SH SOLE 1710700 0 630800
TORCHMARK CORP. COM 891027104 395 17100 SH SOLE 14100 0 3000
TOSCO CORPORATION COM 891490302 33369 1089600 SH SOLE 965300 0 124300
TOSCO CORPORATION COM 891490302 1767 57700 SH DEFINED 02 57700 0 0
TOWER AUTOMOTIVE INC. COM 891707101 7252 442900 SH SOLE 378100 0 64800
UNICOM CORP. COM 904911104 28229 773400 SH SOLE 564900 0 208500
UNION PACIFIC CORP. COM 907818108 606 15500 SH SOLE 15100 0 400
UNION PACIFIC RESOURCES COM 907834105 855 58937 SH SOLE 58937 0 0
UNISYS CORP. COM 909214108 58745 2286900 SH SOLE 2029500 0 257400
UNISYS CORP. COM 909214108 3093 120400 SH DEFINED 02 120400 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 52888 837000 SH SOLE 607000 0 230000
UNOCAL CORP. COM 915289102 113035 3799500 SH SOLE 3127100 0 672400
UNOCAL CORP. COM 915289102 3555 119500 SH DEFINED 02 119500 0 0
UNUMPROVIDENT CORP. COM 91529Y106 124064 7324800 SH SOLE 6186400 0 1138400
UNUMPROVIDENT CORP. COM 91529Y106 4568 269700 SH DEFINED 02 269700 0 0
US FREIGHTWAYS CORP. COM 916906100 5436 145200 SH SOLE 124000 0 21200
USX-MARATHON GROUP COM 902905827 150732 5783500 SH SOLE 4863500 0 920000
USX-MARATHON GROUP COM 902905827 6216 238500 SH DEFINED 02 238500 0 0
VALERO ENERGY CORP. COM 91913Y100 3716 121100 SH SOLE 103300 0 17800
VERISIGN INC. COM 92343E102 315490 2110300 SH SOLE 1903100 0 207200
VIANT CORP. COM 92553N107 89613 2675000 SH SOLE 2411000 0 264000
VITRIA TECHNOLOGY INC. COM 92849Q104 50830 1008400 SH SOLE 909800 0 98600
WAL-MART STORES, INC. COM 931142103 7006 124000 SH SOLE 118600 0 5400
WASHINGTON FEDERAL INC. COM 938824109 3107 163000 SH SOLE 139450 0 23550
WASHINGTON GAS LIGHT CO. COM 938837101 3548 130500 SH SOLE 111400 0 19100
WASTE MANAGEMENT INC. COM 94106L109 69655 5088925 SH SOLE 4505300 0 583625
WASTE MANAGEMENT INC. COM 94106L109 3726 272200 SH DEFINED 02 272200 0 0
WATERS CORP. COM 941848103 1629 17100 SH SOLE 17100 0 0
WELLS FARGO & CO. COM 949746101 66207 1624700 SH SOLE 1441600 0 183100
WELLS FARGO & CO. COM 949746101 3505 86000 SH DEFINED 02 86000 0 0
WEYERHAEUSER CO. COM 962166104 217 3800 SH SOLE 3500 0 300
WILLIAMS COMPANIES, INC. COM 969457100 37452 852400 SH SOLE 619600 0 232800
WOLVERINE WORLD WIDE INC. COM 978097103 4693 426600 SH SOLE 364400 0 62200
XEROX CORP. COM 984121103 650 25000 SH SOLE 24200 0 800
ZALE CORP. COM 988858106 6658 141100 SH SOLE 120500 0 20600
</TABLE>
