UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1999
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: Duncan-Hurst Capital Management,Inc.
Address: 4365 Executive Drive, Suite 1520
San Diego, CA 92121
Form 13F File Number: 28-3404
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: Michael DeMayo
Title: Vice President, Finance
Phone: (858)597-4800
Signature, Place, and Date of Signing:
/S/ Michael DeMayo San Diego, California ?
- ------------------- ----------------------- -----------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s.)
[ ] 13F COMBINATION REPORT. (Check here it a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 385
Form 13F Information Table Value Total: $5,592,032
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
None
<PAGE>
<TABLE>
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC SOLE SHARED NONE
MANAGERS
- ------------------------ ---------------- --------- ---------- -------- --------- -------- --------- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACT MFG INC COMMON 973107 829 22,100 SH SOLE 10,900 0 11,200
AES CORP COMMON 00130H105 9 120 SH SOLE 120 0 0
AT&T CORP COM LIB GRP A 1957208 10,173 179,070 SH SOLE 163,610 0 15,460
AVT CORP COMMON 2420107 11,950 254,260 SH SOLE 96,610 0 157,650
AVX CORP NEW COMMON 2444107 181 3,619 SH SOLE 3,619 0 0
ABGENIX INC COMMON 00339B107 37,247 281,110 SH SOLE 110,490 0 170,620
ACCREDO HEALTH INC COMMON 00437V104 542 17,620 SH SOLE 8,500 0 9,120
ACCRUE SOFTWARE INC COMMON 00437W102 17,343 320,420 SH SOLE 127,065 0 193,355
ACME COMMUNICATION INC COMMON 4631107 8,192 246,390 SH SOLE 95,380 0 151,010
ACTIVE VOICE CORP COMMON 4938106 1,104 38,000 SH SOLE 18,675 0 19,325
ACTIVE SOFTWARE INC COMMON 5.04E+102 28,039 304,768 SH SOLE 120,598 0 184,170
ACTUATE CORP COMMON 00508B102 23,340 544,380 SH SOLE 214,300 0 330,080
ADAPTIVE BROADBAND CORP COMMON 00650M104 36,694 497,130 SH SOLE 191,835 0 305,295
ADAPTEC INC COMMON 00651F108 235 4,703 SH SOLE 4,703 0 0
ADELPHIA BUSINESS SOLUTI CL A 6847107 13,112 273,170 SH SOLE 239,750 0 33,420
ADOBE SYS INC COMMON 00724F101 11,040 164,159 SH SOLE 142,879 0 21,280
ADTRAN INC COMMON 00738A106 10,816 210,280 SH SOLE 90,690 0 119,590
ADVANCED DIGITAL INFORMA COMMON 7525108 23,906 491,650 SH SOLE 191,730 0 299,920
ADVANCED FIBRE COMMUNICA COMMON 00754A105 80,214 1,794,990 SH SOLE 1,299,840 0 495,150
ADVENT SOFTWARE INC COMMON 7974108 12,640 196,160 SH SOLE 75,100 0 121,060
AGILE SOFTWARE CORP DEL COMMON 00846X105 90,460 416,418 SH SOLE 365,028 0 51,390
AIRGATE PCS INC COMMON 9367103 13,718 260,060 SH SOLE 103,880 0 156,180
AIRNET COMMUNICATIONS CO COMMON 00941P106 8,391 230,670 SH SOLE 89,360 0 141,310
AIRONET WIRELESS COMM COMMON 00943A107 17,870 267,595 SH SOLE 107,530 0 160,065
AKAMAI TECHNOLOGIES INC COMMON 00971T101 5,860 17,885 SH SOLE 16,387 0 1,498
ALLAIRE CORP COMMON 16714107 15,107 103,250 SH SOLE 40,705 0 62,545
ALLEGIANCE TELECOM INC COMMON 01747T102 64,038 694,180 SH SOLE 603,320 0 90,860
ALLTEL CORP COMMON 20039103 3 40 SH SOLE 0 0 40
AMERICA ONLINE INC DEL COMMON 02364J104 3,852 50,764 SH SOLE 46,409 0 4,355
AMGEN INC COMMON 31162100 300 5,000 SH SOLE 5,000 0 0
ANAREN MICROWAVE INC COMMON 32744104 980 18,100 SH SOLE 8,900 0 9,200
APPLE COMPUTER INC COMMON 37833100 10 100 SH SOLE 100 0 0
APPLIED INNOVATION INC COMMON 37916103 166 20,000 SH SOLE 20,000 0 0
APPLIED FILMS CORP COMMON 38197109 736 50,100 SH SOLE 24,600 0 25,500
APPLIED MICRO CIRCUITS C COMMON 03822W109 61,482 483,158 SH SOLE 423,968 0 59,190
APPLIED SCIENCE & TECHNO COMMON 38236105 917 27,600 SH SOLE 13,500 0 14,100
APPLIX INC COMMON 38316105 565 31,300 SH SOLE 15,400 0 15,900
ARGOSY GAMING CO COMMON 40228108 7,357 472,760 SH SOLE 192,650 0 280,110
ARIBA INC COMMON 04033V104 83,389 470,130 SH SOLE 410,220 0 59,910
ARTHROCARE CORP COMMON 43136100 13,103 214,805 SH SOLE 85,336 0 129,469
ASPECT COMMUNICATIONS CO COMMON 04523Q102 13,184 336,980 SH SOLE 133,670 0 203,310
ASYST TECHNOLOGY CORP COMMON 04648X107 22,880 348,980 SH SOLE 140,060 0 208,920
ATMEL CORP COMMON 49513104 35 1,180 SH SOLE 1,180 0 0
AUDIOVOX CORP CL A 50757103 879 29,060 SH SOLE 13,900 0 15,160
AURORA BIOSCIENCES CORP COMMON 51920106 1,182 44,600 SH SOLE 21,900 0 22,700
BJS WHOLESALE CLUB INC COMMON 05548J106 95 2,595 SH SOLE 2,595 0 0
BANYAN SYS INC COMMON 66908104 800 40,000 SH SOLE 40,000 0 0
BEST SOFTWARE INC COMMON 86579109 1,121 38,000 SH SOLE 18,600 0 19,400
BIOGEN INC COMMON 90597105 11 130 SH SOLE 130 0 0
BLUE WAVE SYS INC COMMON 96081104 529 57,200 SH SOLE 28,100 0 29,100
BRAUN CONSULTING INC COMMON 105651103 20,182 282,265 SH SOLE 110,300 0 171,965
BREAKAWAY SOLUTIONS INC COMMON 106372105 13,688 187,500 SH SOLE 72,560 0 114,940
BRIO TECHNOLOGY INC COMMON 109704106 17,240 410,480 SH SOLE 165,790 0 244,690
BROADCOM CORP CL A 111320107 8,595 31,554 SH SOLE 28,819 0 2,735
BROADVISION INC COMMON 111412102 141,322 831,000 SH SOLE 682,520 0 148,480
BROCADE COMMUNICATIONS S COMMON 111621108 133 750 SH SOLE 750 0 0
BSQUARE CORP COMMON 11776U102 8,011 191,020 SH SOLE 74,730 0 116,290
BURR BROWN CORP COMMON 122574106 19,412 537,365 SH SOLE 207,125 0 330,240
BUSINESS OBJECTS S A DEPOSITORY RECEI 12328X107 28,403 212,560 SH SOLE 93,990 0 118,570
CBOE RUSSELL 2000 INDX CALL OPT JAN 47 1248359A9 10,090 20,000 SH CALL SOLE 20,000 0 0
C COR NET CORP COMMON 125010108 20,824 271,760 SH SOLE 103,200 0 168,560
CDW COMPUTER CTRS INC COMMON 125129106 115 1,457 SH SOLE 1,457 0 0
CMGI INC COMMON 125750109 300 1,085 SH SOLE 1,085 0 0
CTS CORP COMMON 126501105 17,251 228,865 SH SOLE 88,555 0 140,310
CACHEFLOW INC COMMON 126946102 21,085 161,340 SH SOLE 141,910 0 19,430
CALIFORNIA AMPLIFIER INC COMMON 129900106 1,293 49,130 SH SOLE 23,400 0 25,730
CALPINE CORP COMMON 131347106 84,066 1,313,534 SH SOLE 1,113,164 0 200,370
CAREINSITE INC COMMON 14170M106 38,551 478,900 SH SOLE 407,470 0 71,430
CELGENE CORP COMMON 151020104 29,096 415,660 SH SOLE 157,750 0 257,910
CEPHALON INC COMMON 156708109 21,979 635,930 SH SOLE 246,120 0 389,810
CHARTERED SEMICONDUCTOR ADR 16133R106 2,260 30,955 SH SOLE 30,955 0 0
CHEMDEX CORP COMMON 163595101 58,994 531,479 SH SOLE 426,739 0 104,740
CHICOS FAS INC COMMON 168615102 553 14,700 SH SOLE 7,300 0 7,400
CHINA TELECOM HONG KONG DEPOSITORY RECEI 169428109 2,284 17,760 SH SOLE 17,760 0 0
CHROMAVISION MED SYS INC COMMON 17111P104 537 35,200 SH SOLE 16,900 0 18,300
CISCO SYS INC COMMON 17275R102 12,330 115,100 SH SOLE 106,200 0 8,900
CITADEL COMMUNICATIONS C COMMON 172853202 12,570 193,750 SH SOLE 75,580 0 118,170
CITIGROUP INC COMMON 172967101 835 15,000 SH SOLE 15,000 0 0
CITRIX SYS INC COMMON 177376100 186 1,515 SH SOLE 1,515 0 0
CLARENT CORP DEL COMMON 180461105 38,914 500,501 SH SOLE 374,141 0 126,360
CLARUS CORP COMMON 182707109 13,960 211,515 SH SOLE 80,930 0 130,585
CLEAR CHANNEL COMMUNICAT COMMON 184502102 8,008 89,724 SH SOLE 81,944 0 7,780
COMMERCE ONE INC DEL COMMON 200693109 73,530 374,201 SH SOLE 326,711 0 47,490
COMMSCOPE INC COMMON 203372107 15,768 391,148 SH SOLE 152,428 0 238,720
COMPTRONIX CORP PFD A CV 20476C205 0 0 SH SOLE 0 0 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 53,645 370,605 SH SOLE 326,595 0 44,010
CONCORD CAMERA CORP COMMON 206156101 924 40,600 SH SOLE 19,900 0 20,700
CONEXANT SYSTEMS INC COMMON 207142100 18,059 272,081 SH SOLE 238,071 0 34,010
COPART INC COMMON 217204106 9,877 227,060 SH SOLE 91,860 0 135,200
CORNING INC COMMON 219350105 14 110 SH SOLE 110 0 0
CORSAIR COMMUNICATIONS I COMMON 220406102 538 66,200 SH SOLE 32,500 0 33,700
COST PLUS INC CALIF COMMON 221485105 17,273 484,860 SH SOLE 190,900 0 293,960
COX COMMUNICATIONS INC N CL A 224044107 14 271 SH SOLE 271 0 0
CREDENCE SYS CORP COMMON 225302108 29,426 340,190 SH SOLE 129,490 0 210,700
CREE INC COMMON 225447101 22,067 258,470 SH SOLE 98,810 0 159,660
CUMULUS MEDIA INC CL A 231082108 25,774 507,860 SH SOLE 190,300 0 317,560
CYBERSOURCE CORP COMMON 23251J106 9,418 181,990 SH SOLE 69,810 0 112,180
CYLINK CORP COMMON 232565101 1,187 87,900 SH SOLE 50,800 0 37,100
CYSIVE INC COMMON 23281T108 11,866 164,660 SH SOLE 65,060 0 99,600
CYTYC CORP COMMON 232946103 19,528 319,800 SH SOLE 129,370 0 190,430
DII GROUP INC COMMON 232949107 10,809 152,300 SH SOLE 59,380 0 92,920
DSP GROUP INC COMMON 23332B106 21,287 228,890 SH SOLE 88,260 0 140,630
DANKA BUSINESS SYS PLC DEPOSITORY RECEI 236277109 11,338 893,660 SH SOLE 342,230 0 551,430
DATA CRITICAL CORP DEL COMMON 237622105 1,376 92,500 SH SOLE 64,800 0 27,700
DAVOX CORP COMMON 239208101 740 37,690 SH SOLE 18,000 0 19,690
DIAMOND TECHNOLOGY PARTN CL A 252762109 29,544 343,785 SH SOLE 130,660 0 213,125
DIGEX INC DEL CL A 253756100 53,779 782,245 SH SOLE 686,935 0 95,310
DITECH COMMUNICATIONS CO COMMON 25500M103 10,853 116,070 SH SOLE 45,910 0 70,160
DOCUMENTUM INC COMMON 256159104 10,328 172,500 SH SOLE 68,440 0 104,060
DSET CORP COMMON 262504103 1,289 34,500 SH SOLE 17,900 0 16,600
E M C CORP MASS COMMON 268648102 5,555 50,844 SH SOLE 46,459 0 4,385
E PIPHANY INC COMMON 26881V100 24,265 108,750 SH SOLE 95,010 0 13,740
E-TEK DYNAMICS INC COMMON 269240107 74,801 555,624 SH SOLE 486,454 0 69,170
EAGLE USA AIRFREIGHT INC COMMON 270018104 20,118 466,505 SH SOLE 184,035 0 282,470
ECHELON CORP COMMON 27874N105 767 39,200 SH SOLE 19,200 0 20,000
ECHOSTAR COMMUNICATIONS CL A 278762109 6,355 65,180 SH SOLE 59,580 0 5,600
EGAIN COMMUNICATIONS COMMON 28225C103 12,372 327,730 SH SOLE 126,840 0 200,890
ELANTEC SEMICONDUCTOR IN COMMON 284155108 733 22,200 SH SOLE 11,400 0 10,800
EMMIS COMMUNICATIONS COR CL A 291525103 249 2,000 SH SOLE 2,000 0 0
EMULEX CORP COM NEW 292475209 46,558 413,852 SH SOLE 222,553 0 191,299
ENGAGE TECHNOLOGIES INC COMMON 292827102 201 3,344 SH SOLE 3,344 0 0
ENZON INC COMMON 293904108 27,343 630,393 SH SOLE 232,303 0 398,090
EQUANT N V DEPOSITORY RECEI 294409107 1,257 11,225 SH SOLE 11,225 0 0
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 1,177 17,915 SH SOLE 17,915 0 0
ESPEED INC CL A 296643109 22,872 643,150 SH SOLE 509,380 0 133,770
EXACTIS COM INC COMMON 30064G104 630 25,900 SH SOLE 12,700 0 13,200
EXCHANGE APPLICATIONS COMMON 300867108 6,902 123,520 SH SOLE 51,010 0 72,510
EXODUS COMMUNICATIONS IN COMMON 302088109 119,060 1,340,575 SH SOLE 1,163,035 0 177,540
EXPEDITORS INTL WASH INC COMMON 302130109 20,721 472,938 SH SOLE 183,598 0 289,340
EXTREME NETWORKS INC COMMON 30226D106 97 1,156 SH SOLE 1,156 0 0
FACTSET RESH SYS INC COMMON 303075105 10,827 135,970 SH SOLE 45,005 0 90,965
FIRSTCOM CORP COMMON 33763T104 2,157 58,705 SH SOLE 58,705 0 0
FOUNDRY NETWORKS INC COMMON 35063R100 5,251 17,406 SH SOLE 15,903 0 1,503
FREEMARKETS INC COMMON 356602102 31,978 93,690 SH SOLE 82,090 0 11,600
FREESERVE P L C DEPOSITORY RECEI 356872101 909 9,875 SH SOLE 9,875 0 0
GASONICS INTL CORP COMMON 367278108 820 41,500 SH SOLE 20,400 0 21,100
GENENTECH INC COM NEW 368710406 8,363 62,176 SH SOLE 56,896 0 5,280
GENERAL INSTR CORP DEL COMMON 370120107 248 2,912 SH SOLE 2,912 0 0
GETTHERE COM INC COMMON 374266104 17,299 429,800 SH SOLE 171,600 0 258,200
GREAT PLAINS SOFTWARE COMMON 3.91E+109 11,124 148,810 SH SOLE 58,050 0 90,760
HALL KINION ASSOCIATES I COMMON 406069104 961 44,700 SH SOLE 22,000 0 22,700
HARLEY DAVIDSON INC COMMON 412822108 7 115 SH SOLE 115 0 0
HELIX TECHNOLOGY CORP COMMON 423319102 12,740 284,290 SH SOLE 111,060 0 173,230
HISPANIC BROADCASTING CO CL A 43357B104 22,685 245,995 SH SOLE 213,805 0 32,190
HOLLYWOOD PK INC NEW COMMON 436255103 12,422 553,620 SH SOLE 223,510 0 330,110
HOME DEPOT INC COMMON 437076102 7,226 105,104 SH SOLE 95,779 0 9,325
HOOPER HOLMES INC COMMON 439104100 9,196 357,120 SH SOLE 138,910 0 218,210
HORMEL FOODS CORP COMMON 440452100 207 5,100 SH SOLE 5,100 0 0
HOT TOPIC INC COMMON 441339108 1,177 50,640 SH SOLE 24,600 0 26,040
HOTJOBS COM INC COMMON 441474103 16,454 376,630 SH SOLE 143,320 0 233,310
ITXC CORP COMMON 45069F109 6,195 184,240 SH SOLE 73,060 0 111,180
IXL ENTERPRISES INC COMMON 450718101 27,391 493,533 SH SOLE 434,673 0 58,860
IMCLONE SYS INC COMMON 45245W109 10,990 277,340 SH SOLE 108,740 0 168,600
IMANAGE INC COMMON 45245Y105 11,001 342,440 SH SOLE 133,840 0 208,600
IN FOCUS SYS INC COMMON 452919103 11,979 516,620 SH SOLE 197,610 0 319,010
INET TECHNOLOGIES INC COMMON 45662V105 180 2,580 SH SOLE 2,580 0 0
INFORMATICA CORP COMMON 45666Q102 241 2,266 SH SOLE 2,266 0 0
INFOSYS TECHNOLOGIES LTD DEPOSITORY RECEI 456788108 693 2,101 SH SOLE 2,101 0 0
INTERCEPT GROUP INC COMMON 45845L107 992 33,400 SH SOLE 16,400 0 17,000
INTEREP NATL RADIO SALES COMMON 45866V109 475 35,500 SH SOLE 17,400 0 18,100
INTERMEDIA COMMUNICATION COMMON 458801107 299 7,700 SH SOLE 7,700 0 0
INTERNAP NETWORK SVCS CO COMMON 45885A102 80,051 462,720 SH SOLE 403,340 0 59,380
INTERNET CAP GROUP INC COMMON 46059C106 9,363 55,078 SH SOLE 51,303 0 3,775
INTERNET INITIATIVE JAPA DEPOSITORY RECEI 46059T109 2,271 23,370 SH SOLE 23,370 0 0
INTRANET SOLUTIONS INC COM NEW 460939309 10,626 287,200 SH SOLE 113,570 0 173,630
INTERTAN INC COMMON 461120107 14,192 543,220 SH SOLE 218,180 0 325,040
INTERTRUST TECHNOLOGIES COMMON 46113Q109 318 2,703 SH SOLE 2,703 0 0
INTERVOICE-BRITE INC COMMON 461142101 465 20,000 SH SOLE 20,000 0 0
INTERVU INC COMMON 46114R106 17,758 169,120 SH SOLE 66,980 0 102,140
INTERWOVEN INC COMMON 46114T102 4,779 39,290 SH SOLE 10,850 0 28,440
ION NETWORKS INC COMMON 46205P100 1,351 60,400 SH SOLE 39,800 0 20,600
ISLE OF CAPRI CASINOS IN COMMON 464592104 406 30,800 SH SOLE 30,800 0 0
IVAX CORP COMMON 465823102 198 7,700 SH SOLE 7,700 0 0
JDS UNIPHASE CORP COMMON 46612J101 17,938 111,200 SH SOLE 102,230 0 8,970
JABIL CIRCUIT INC COMMON 466313103 130 1,775 SH SOLE 1,775 0 0
JAKKS PAC INC COMMON 4.70E+110 10,851 580,635 SH SOLE 234,015 0 346,620
JAZZTEL P L C DEPOSITORY RECEI 47214R152 1,232 18,925 SH SOLE 18,925 0 0
JUNIPER NETWORKS INC COMMON 48203R104 8,420 24,766 SH SOLE 22,604 0 2,162
JUPITER COMMUNICATIONS I COMMON 482050101 7,771 256,890 SH SOLE 98,010 0 158,880
KEMET CORP COMMON 488360108 18,919 419,830 SH SOLE 163,350 0 256,480
KERR MCGEE CORP COMMON 492386107 154 2,490 SH SOLE 2,490 0 0
KEY ENERGY SVCS INC COMMON 492914106 608 117,250 SH SOLE 56,600 0 60,650
KEYNOTE SYS INC COMMON 493308100 23,163 314,070 SH SOLE 120,650 0 193,420
KING PHARMACEUTICALS INC COMMON 495582108 39,379 702,410 SH SOLE 351,650 0 350,760
KOPIN CORP COMMON 500600101 28,321 674,320 SH SOLE 256,140 0 418,180
KRONOS INC COMMON 501052104 13,329 222,150 SH SOLE 84,210 0 137,940
LTX CORP COMMON 502392103 20,273 906,050 SH SOLE 358,730 0 547,320
LATTICE SEMICONDUCTOR CO COMMON 518415104 471 10,000 SH SOLE 10,000 0 0
LEAP WIRELESS INTL INC COMMON 521863100 330 4,200 SH SOLE 4,200 0 0
LEARNING TREE INTL INC COMMON 522015106 5,040 180,000 SH SOLE 71,650 0 108,350
LEGATO SYS INC COMMON 524651106 275 3,992 SH SOLE 3,992 0 0
LEXMARK INTL GROUP INC CL A 529771107 6 70 SH SOLE 70 0 0
LIBERATE TECHNOLOGIES COMMON 530129105 1,054 4,100 SH SOLE 4,100 0 0
LIGHTBRIDGE INC COMMON 532226107 1,074 38,720 SH SOLE 18,700 0 20,020
LORONIX INFORMATION SYST COMMON 544183106 559 28,300 SH SOLE 13,900 0 14,400
LUCENT TECHNOLOGIES INC COMMON 549463107 5,010 66,803 SH SOLE 61,068 0 5,735
LUMINANT WORLDWIDE CORP COMMON 550260103 23,505 516,600 SH SOLE 198,090 0 318,510
MACROVISION CORP COMMON 555904101 18,063 244,100 SH SOLE 93,540 0 150,560
MADDEN STEVEN LTD COMMON 556269108 581 30,500 SH SOLE 15,000 0 15,500
MANAGEMENT NETWORK GROUP COMMON 561693102 11,526 353,300 SH SOLE 139,650 0 213,650
MAPINFO CORP COMMON 565105103 706 19,200 SH SOLE 9,400 0 9,800
MAVERICK TUBE CORP COMMON 577914104 784 31,770 SH SOLE 15,400 0 16,370
MCLEODUSA INC COMMON 582266102 88 1,500 SH SOLE 1,500 0 0
MEADE INSTRUMENTS CORP COMMON 583062104 638 22,400 SH SOLE 11,000 0 11,400
MEASUREMENT SPECIALTIES COMMON 583421102 607 29,080 SH SOLE 13,900 0 15,180
MEDAREX INC COMMON 583916101 5,703 153,100 SH SOLE 64,630 0 88,470
MEDICAL MANAGER CORP NEW COMMON 58461U103 55,775 662,013 SH SOLE 452,328 0 209,685
MEDIMMUNE INC COMMON 584699102 73,437 442,724 SH SOLE 387,674 0 55,050
MELTRONIX INC COMMON 585730104 71 49,500 SH SOLE 49,500 0 0
MERCURY COMPUTER SYS COMMON 589378108 13,475 385,000 SH SOLE 151,620 0 233,380
MERCURY INTERACTIVE CORP COMMON 589405109 89,046 824,975 SH SOLE 689,815 0 135,160
MICREL INC COMMON 594793101 171 3,000 SH SOLE 3,000 0 0
MICROS SYS INC COMMON 594901100 18,963 256,260 SH SOLE 99,220 0 157,040
MICROSOFT CORP COMMON 594918104 11 90 SH SOLE 90 0 0
MICROSTRATEGY INC CL A 594972101 39,367 187,460 SH SOLE 163,840 0 23,620
MICROMUSE INC COMMON 595094103 50,040 294,350 SH SOLE 116,370 0 177,980
MISSION CRITICAL SOFTWAR COMMON 605047109 17,184 245,490 SH SOLE 96,300 0 149,190
MOBILE MINI INC COMMON 60740F105 879 40,880 SH SOLE 20,300 0 20,580
MODEM MEDIA POPPE TYSON CL A 607533106 12,195 173,280 SH SOLE 68,930 0 104,350
MOLECULAR DEVICES CORP COMMON 60851C107 1,143 21,990 SH SOLE 10,500 0 11,490
MOTOROLA INC COMMON 620076109 8,194 55,649 SH SOLE 51,929 0 3,720
MPATH INTERACTIVE INC COMMON 62473C101 777 29,200 SH SOLE 29,200 0 0
MYPOINTS COM INC COMMON 62855T102 14,319 193,500 SH SOLE 74,580 0 118,920
NDS GROUP PLC DEPOSITORY RECEI 628891103 1,005 32,950 SH SOLE 32,950 0 0
NASDAQ 100 TR UNIT SER 1 631100104 18,732 102,500 SH SOLE 102,500 0 0
NATURAL MICROSYSTEMS COR COMMON 638882100 1,128 24,100 SH SOLE 11,800 0 12,300
NETEGRITY INC COMMON 64110P107 888 15,600 SH SOLE 7,700 0 7,900
NETOPIA INC COMMON 64114K104 14,715 270,930 SH SOLE 106,940 0 163,990
NETSOLVE INC COMMON 64115J106 891 28,300 SH SOLE 13,900 0 14,400
NETIQ CORP COMMON 64115P102 1,047 20,112 SH SOLE 9,800 0 10,312
NETRATINGS INC COMMON 64116M108 9,587 199,200 SH SOLE 77,400 0 121,800
NETWORK APPLIANCE INC COMMON 64120L104 30,705 369,666 SH SOLE 324,106 0 45,560
NETWORK PERIPHERALS INC COMMON 64121R100 236 5,000 SH SOLE 5,000 0 0
NEXTEL COMMUNICATIONS IN CL A 65332V103 3,517 34,108 SH SOLE 31,133 0 2,975
NEXTLINK COMMUNICATIONS CL A 65333H707 108,793 1,309,777 SH SOLE 1,136,197 0 173,580
NOKIA CORP DEPOSITORY RECEI 654902204 15,308 80,120 SH SOLE 75,090 0 5,030
NOVADIGM INC COMMON 669937104 992 47,800 SH SOLE 23,500 0 24,300
OMNICOM GROUP INC COMMON 681919106 5,919 59,185 SH SOLE 54,040 0 5,145
1-800 CONTACTS INC COMMON 681977104 376 13,900 SH SOLE 6,800 0 7,100
OPTIMAL ROBOTICS CORP CL A NEW 68388R208 2,213 59,400 SH SOLE 47,000 0 12,400
OPTIO SOFTWARE INC COMMON 68389J106 1,763 75,000 SH SOLE 36,800 0 38,200
PC-TEL INC COMMON 69325Q105 14,221 270,885 SH SOLE 107,860 0 163,025
PMC-SIERRA INC COMMON 69344F106 145 905 SH SOLE 905 0 0
PACIFIC SUNWEAR CALIF IN COMMON 694873100 10,168 318,990 SH SOLE 126,870 0 192,120
PACKETEER INC COMMON 695210104 22,740 320,280 SH SOLE 124,640 0 195,640
PCORDER COM INC CL A 70453H107 11,152 218,660 SH SOLE 85,780 0 132,880
PEGASUS COMMUNICATIONS C CL A 705904100 12,496 127,840 SH SOLE 49,800 0 78,040
PEGASUS SYSTEMS INC COMMON 705906105 17,581 291,500 SH SOLE 116,350 0 175,150
PEREGRINE SYSTEMS INC COMMON 71366Q101 39,656 471,043 SH SOLE 406,363 0 64,680
PERICOM SEMICONDUCTOR CO COMMON 713831105 787 29,900 SH SOLE 14,700 0 15,200
PHOTON DYNAMICS INC COMMON 719364101 1,701 43,900 SH SOLE 21,200 0 22,700
PINNACLE HLDGS INC COMMON 72346N101 17,616 415,720 SH SOLE 161,020 0 254,700
PINNACLE SYS INC COMMON 723481107 13,979 343,570 SH SOLE 133,340 0 210,230
POLYCOM INC COMMON 73172K104 24,528 385,130 SH SOLE 149,740 0 235,390
POLYMEDICA CORP COMMON 731738100 595 25,747 SH SOLE 13,785 0 11,962
POWER INTEGRATIONS INC COMMON 739276103 56,817 1,185,240 SH SOLE 471,520 0 713,720
POWERWAVE TECHNOLOGIES I COMMON 739363109 19,010 325,660 SH SOLE 126,780 0 198,880
POWERTEL INC COMMON 73936C109 28,613 285,060 SH SOLE 109,470 0 175,590
PRECISION RESPONSE CORP COMMON 740314109 960 39,600 SH SOLE 19,400 0 20,200
PRICE COMMUNICATIONS COR COM NEW 741437305 11,381 409,190 SH SOLE 157,460 0 251,730
PRIMUS KNOWLEDGE SOLUTIO COMMON 74163Q100 981 21,640 SH SOLE 10,500 0 11,140
PROSOFTTRAINING COM INC COMMON 743477101 293 28,200 SH SOLE 28,200 0 0
PROXICOM INC COMMON 744282104 19,716 158,600 SH SOLE 60,990 0 97,610
PURCHASEPRO COM COMMON 746144104 29,997 218,160 SH SOLE 121,480 0 96,680
QLOGIC CORP COMMON 747277101 168 1,048 SH SOLE 1,048 0 0
QUALCOMM INC COMMON 747525103 10,943 62,132 SH SOLE 57,527 0 4,605
QUEPASA COM INC COMMON 74833W107 127 10,000 SH SOLE 10,000 0 0
QUEST SOFTWARE INC COMMON 74834T103 454 4,450 SH SOLE 4,450 0 0
RF MICRODEVICES INC COMMON 749941100 27,468 401,363 SH SOLE 351,753 0 49,610
RADIANT SYSTEMS INC COMMON 75025N102 1,140 28,370 SH SOLE 13,900 0 14,470
RADIO UNICA COMMUNICATIO COMMON 75040Q106 8,264 286,200 SH SOLE 111,640 0 174,560
RAINBOW TECHNOLOGIES INC COMMON 750862104 721 31,000 SH SOLE 15,200 0 15,800
RATIONAL SOFTWARE CORP COM NEW 75409P202 221 4,496 SH SOLE 4,496 0 0
RAVISENT TECHNOLOGIES IN COMMON 754440105 12,862 334,610 SH SOLE 129,360 0 205,250
REALNETWORKS INC COMMON 75605L104 20,319 168,885 SH SOLE 148,675 0 20,210
REDBACK NETWORKS INC COMMON 757209101 179 1,010 SH SOLE 1,010 0 0
REMEDY CORP COMMON 759548100 17,903 377,900 SH SOLE 145,950 0 231,950
ROWECOM INC COMMON 77957X108 871 19,200 SH SOLE 9,400 0 9,800
RURAL CELLULAR CORP CL A 781904107 17,028 188,155 SH SOLE 73,670 0 114,485
SDL INC COMMON 784076101 67,691 310,507 SH SOLE 271,557 0 38,950
SAGENT TECHNOLOGY INC COMMON 786693101 16,473 550,230 SH SOLE 210,980 0 339,250
SALESLOGIX CORP COMMON 79466P105 9,937 242,000 SH SOLE 93,330 0 148,670
SANMINA CORP COMMON 800907107 217 2,168 SH SOLE 2,168 0 0
SAP AKTIENGESELLSCHAFT DEPOSITORY RECEI 803054204 911 17,500 SH SOLE 17,500 0 0
SAPIENT CORP COMMON 803062108 196 1,390 SH SOLE 1,390 0 0
SAWTEK INC COMMON 805468105 40,837 613,520 SH SOLE 243,310 0 370,210
SCANSOURCE INC COMMON 806037107 800 19,720 SH SOLE 9,500 0 10,220
SCIENT CORP COMMON 80864H109 46,256 535,137 SH SOLE 468,977 0 66,160
SCIENTIFIC ATLANTA INC COMMON 808655104 140 2,500 SH SOLE 2,500 0 0
SEMTECH CORP COMMON 816850101 22,407 429,880 SH SOLE 165,260 0 264,620
SHIRE PHARMACEUTICALS GR DEPOSITORY RECEI 82481R106 633 21,725 SH SOLE 21,725 0 0
SIEBEL SYS INC COMMON 826170102 72,820 866,905 SH SOLE 769,330 0 97,575
SIGMA DESIGNS INC COMMON 826565103 451 41,000 SH SOLE 41,000 0 0
SILICON STORAGE TECHNOLO COMMON 827057100 1,024 24,830 SH SOLE 11,900 0 12,930
SILKNET SOFTWARE INC COMMON 827094103 23,540 142,020 SH SOLE 55,540 0 86,480
SILVERSTREAM SOFTWARE IN COMMON 827907106 28,137 236,446 SH SOLE 93,946 0 142,500
SOLECTRON CORP COMMON 834182107 5,236 55,041 SH SOLE 50,346 0 4,695
SONOSITE INC COMMON 83568G104 507 16,040 SH SOLE 7,700 0 8,340
SPLITROCK SVCS INC COMMON 848636304 6,181 310,980 SH SOLE 120,840 0 190,140
SPRINT CORP PCS COM SER 1 852061506 7,328 71,497 SH SOLE 65,277 0 6,220
STAMPS COM INC COMMON 852857101 18,786 451,315 SH SOLE 397,015 0 54,300
STMICROELECTRONICS N V COMMON 861012102 17,205 113,610 SH SOLE 106,970 0 6,640
SUN MICROSYSTEMS INC COMMON 866810104 9,016 116,432 SH SOLE 107,462 0 8,970
SYMANTEC CORP COMMON 871503108 48,234 822,750 SH SOLE 718,120 0 104,630
SYSCO CORP COMMON 871829107 8 210 SH SOLE 210 0 0
THQ INC COM NEW 872443403 8,941 385,605 SH SOLE 156,240 0 229,365
TSI INTERNATIONAL SOFTWA COMMON 872879101 16,275 287,410 SH SOLE 111,740 0 175,670
TANNING TECHNOLOGY CORP COMMON 87588P101 10,786 183,000 SH SOLE 72,170 0 110,830
TECHNE CORP COMMON 878377100 11,888 215,900 SH SOLE 86,210 0 129,690
TECHNOLOGY SOLUTIONS CO COMMON 87872T108 14,206 433,780 SH SOLE 168,010 0 265,770
TELEFONOS DE MEXICO S A DEPOSITORY RECEI 879403400 110 20,000 SH SOLE 20,000 0 0
TELEPHONE & DATA SYS INC COMMON 879433100 209 1,656 SH SOLE 1,656 0 0
TELESCAN INC COMMON 879516102 830 33,600 SH SOLE 16,500 0 17,100
TELETECH HOLDINGS INC COMMON 879939106 180 5,339 SH SOLE 5,339 0 0
TEXAS INSTRS INC COMMON 882508104 3,854 39,890 SH SOLE 36,555 0 3,335
THREE FIVE SYS INC COMMON 88554L108 1,230 29,999 SH SOLE 14,666 0 15,333
TIBCO SOFTWARE INC COMMON 88632Q103 23,808 155,610 SH SOLE 136,550 0 19,060
TIFFANY & CO NEW COMMON 886547108 106,241 1,190,380 SH SOLE 1,034,670 0 155,710
TITAN PHARMACEUTICALS IN COMMON 888314101 1,227 64,600 SH SOLE 31,500 0 33,100
TRANSWITCH CORP COMMON 894065101 0 3 SH SOLE 3 0 0
TREX INC COMMON 89531P105 394 14,730 SH SOLE 7,100 0 7,630
TRIQUINT SEMICONDUCTOR I COMMON 89674K103 31,280 281,168 SH SOLE 108,213 0 172,955
TUMBLEWEED COMMUNICATION COMMON 899690101 49,585 585,077 SH SOLE 227,300 0 357,777
24 / 7 MEDIA INC COMMON 901314104 900 16,000 SH SOLE 16,000 0 0
U S INTERACTIVE INC COMMON 90334M109 15,326 356,430 SH SOLE 135,600 0 220,830
UTI ENERGY CORP COMMON 903387108 471 20,430 SH SOLE 11,700 0 8,730
ULTIMATE ELECTRS INC COMMON 903849107 672 27,150 SH SOLE 12,800 0 14,350
UNIFY CORP COMMON 904743101 854 31,200 SH SOLE 15,400 0 15,800
UNIONBANCAL CORP COMMON 908906100 166 4,200 SH SOLE 4,200 0 0
UNITED PAN-EUROPE COMMUN DEPOSITORY RECEI 911300200 1,424 11,170 SH SOLE 11,170 0 0
UNITED STATES CELLULAR C COMMON 911684108 152 1,510 SH SOLE 1,510 0 0
UNITED THERAPEUTICS CORP COMMON 91307C102 1,011 21,980 SH SOLE 10,500 0 11,480
UNIVERSAL ELECTRS INC COMMON 913483103 994 21,600 SH SOLE 10,100 0 11,500
UNIVISION COMMUNICATIONS CL A 914906102 50,401 493,223 SH SOLE 428,583 0 64,640
VALUEVISION INTL INC CL A 92047K107 29,907 521,820 SH SOLE 201,230 0 320,590
VANS INC COMMON 921930103 501 40,870 SH SOLE 19,400 0 21,470
VARIAN INC COMMON 922206107 13,163 585,040 SH SOLE 224,090 0 360,950
VERIO INC COMMON 923433106 1,062 23,000 SH SOLE 23,000 0 0
VERITAS SOFTWARE CO COMMON 923436109 13,090 91,460 SH SOLE 84,363 0 7,097
VERITY INC COMMON 92343C106 21,202 498,140 SH SOLE 192,140 0 306,000
VERISIGN INC COMMON 9.23E+106 124,733 653,265 SH SOLE 571,945 0 81,320
VERTICALNET INC COMMON 92532L107 22,269 135,788 SH SOLE 119,178 0 16,610
VIASAT INC COMMON 92552V100 1,207 24,200 SH SOLE 11,900 0 12,300
VIANT CORP COMMON 92553N107 40,545 409,545 SH SOLE 283,380 0 126,165
VIGNETTE CORP COMMON 926734104 28,209 173,060 SH SOLE 151,980 0 21,080
VISHAY INTERTECHNOLOGY I COMMON 928298108 13,299 420,524 SH SOLE 158,662 0 261,862
VITESSE SEMICONDUCTOR CO COMMON 928497106 47,246 901,002 SH SOLE 786,492 0 114,510
VITRIA TECHNOLOGY COMMON 92849Q104 28,007 119,687 SH SOLE 105,407 0 14,280
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 1,517 30,650 SH SOLE 30,650 0 0
VOICESTREAM WIRELESS COR COMMON 928615103 138,712 974,697 SH SOLE 853,007 0 121,690
WAL MART STORES INC COMMON 931142103 7,011 101,420 SH SOLE 92,610 0 8,810
WATCHGUARD TECHNOLOGIES COMMON 941105108 1,375 45,439 SH SOLE 22,200 0 23,239
WAVECOM S A DEPOSITORY RECEI 943531103 1,739 18,350 SH SOLE 18,350 0 0
WESTERN WIRELESS CORP CL A 9.60E+208 322 4,827 SH SOLE 4,827 0 0
WHITTMAN-HART INC COMMON 966834103 53 991 SH SOLE 991 0 0
WILLIAMS SONOMA INC COMMON 969904101 44 960 SH SOLE 960 0 0
WORKFLOW MGMT INC COMMON 98137N109 910 31,780 SH SOLE 15,100 0 16,680
XETA CORP COMMON 983909102 717 21,600 SH SOLE 10,600 0 11,000
XILINX INC COMMON 983919101 11 240 SH SOLE 240 0 0
XPEDIOR INC COMMON 98413B100 11,070 385,050 SH SOLE 149,210 0 235,840
YOUNG & RUBICAM INC COMMON 987425105 281 3,966 SH SOLE 3,966 0 0
Z TEL TECHNOLOGIES INC COMMON 988792107 4,441 110,000 SH SOLE 42,390 0 67,610
ZAMBA CORP COMMON 988881108 1,067 61,400 SH SOLE 30,200 0 31,200
ZEBRA TECHNOLOGIES CORP CL A 989207105 152 2,595 SH SOLE 2,595 0 0
ZORAN CORP COMMON 98975F101 13,101 235,000 SH SOLE 90,630 0 144,370
ZOLL MED CORP COMMON 989922109 9,985 261,460 SH SOLE 105,480 0 155,980
ZOMAX INC MINN COMMON 989929104 22,373 494,420 SH SOLE 197,520 0 296,900
CHINA COM CORP CL A G2108N109 2,837 36,085 SH SOLE 36,085 0 0
GEMSTAR INTL GROUP LTD ORD G3788V106 47,098 661,028 SH SOLE 607,118 0 53,910
MIH LTD CL A G6116R101 1,433 24,290 SH SOLE 24,290 0 0
OPENTV CORP CL A G67543101 1,044 13,015 SH SOLE 13,015 0 0
SBS BROADCASTING SA ORD L8137F102 845 17,350 SH SOLE 17,350 0 0
AUDIOCODES LTD ORD M15342104 17,439 189,550 SH SOLE 73,790 0 115,760
CHECK POINT SOFTWARE TEC ORD M22465104 54,969 276,573 SH SOLE 253,243 0 23,330
COMMTOUCH SOFTWARE LTD ORD M25596103 10,771 221,800 SH SOLE 87,570 0 134,230
ECTEL LTD ORD M29925100 9,243 506,480 SH SOLE 201,510 0 304,970
M SYS FLASH DISK PIONEER ORD M7061C100 6,927 210,700 SH SOLE 84,130 0 126,570
OPTIBASE LTD ORD M7524R108 525 14,900 SH SOLE 14,900 0 0
ORCKIT COMMUNICATIONS LT COMMON M7531S107 9,193 267,930 SH SOLE 105,850 0 162,080
POINT OF SALE LTD ORD M7945W108 611 41,770 SH SOLE 20,000 0 21,770
RADWARE LTD ORD M81873107 15,316 355,150 SH SOLE 140,060 0 215,090
ASM LITHOGRAPHY HLDG N V DEPOSITORY RECEI N07059111 2,132 18,740 SH SOLE 18,740 0 0
KPNQWEST N V CL C N50919104 1,641 25,735 SH SOLE 25,735 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 11,141 242,200 SH SOLE 221,540 0 20,660
KOREA THRUNET CO LTD CL A Y49975108 1,747 25,745 SH SOLE 25,745 0 0
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5,592,032
</TABLE>
