<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>
ALIGN-RITE INTL INC COM COM 016251100 1372 49900 SH SOLE 49900
ARV ASSISTED LIVING COM COM 00204c107 199 138500 SH SOLE 138500
ASCENT ASSURANCE INC COM COM 04362n103 27 11467 SH SOLE 11467
ATLANTIC RICHFIELD CO COM COM 048825103 13744 161700 SH SOLE 161700
C-CUBE MICROSYSTEMS COM COM 125015107 6262 86000 SH SOLE 86000
CALIFORNIA FED BK FSB 2ND CONT COM 130209703 12 10000 SH SOLE 10000
CITIZENS UTILITIES CO DEL CL- COM 177342201 796 48583 SH SOLE 48583
CONCENTRIC NETWORK CORP COM COM 20589r107 4416 80300 SH SOLE 80300
DII GROUP INC COM COM 232949107 6784 60000 SH SOLE 60000
EASTERN ENTERPRISES COM COM 27637f100 2904 48500 SH SOLE 48500
ETEC SYSTEMS INC COM COM 26922c103 2936 24000 SH SOLE 24000
EXIDE CORP COM COM 302051107 532 45000 SH SOLE 45000
GOLDEN BOOKS FAMILY ENTMT INC COM 380804203 40 22770 SH SOLE 22770
GTE CORP COM COM 362320103 15961 224800 SH SOLE 224800
GULF CDA RES LTD ORD COM 40218l305 369 100000 SH SOLE 100000
INTERMEDIA COMMUNICATIONS INC COM 458801974 391 8092 SH SOLE 8092
MEDIAONE GROUP INC COM COM 58440j104 25515 315000 SH SOLE 315000
MONSANTO COMPANY COM COM 611662107 5000 100000 SH SOLE 100000
NETOPTIX CORP COM COM 64116f103 1717 10000 SH SOLE 10000
NORTH AMERICAN VACCINE INC COM COM 657201109 207 77000 SH SOLE 77000
PIMCO ADVISORS HLDG LP UT LTD COM 69338P102 3115 81300 SH SOLE 81300
QWEST COMMUNICATIONS COM COM 749121109 5813 121100 SH SOLE 121100
SAVOIR TECHNOLOGY GROUP INC NE COM xx9384243 253 33696 SH SOLE 33696
SEMI-TECH CORP CL A COM 81662e108 102 1024400 SH SOLE 1024400
SENSORMATIC ELECTRONICS CORP 1 COM 817265606 4061 181013 SH SOLE 181013
THERMO FIBERGEN INC COM COM 88355U109 1480 124000 SH SOLE 124000
TIMES MIRROR CO NEW COM SER A COM 887364107 929 10000 SH SOLE 10000
TPI ENTERPRISES INC COM COM 872623103 3 65000 SH SOLE 65000
U S WEST INC COM COM 91273h101 6071 83600 SH SOLE 83600
UNAPIX ENTERTAINMENT INC COM ( COM xx9303928 210 104880 SH SOLE 104880
VDI MULTIMEDIA COM COM 917916108 329 23100 SH SOLE 23100
WESTELL TECHNOLOGIES INC CL-A COM 957541105 303 9500 SH SOLE 9500
ADELPHIA COMMUNICATIONS INC CV PFD CV 006848402 11065 72200 SH SOLE 72200
ALLIANT ENERGY RES INC EXCH SR PFD CV 018803205 6917 85000 SH SOLE 85000
AMERICAN CLASSIC VOYAGES CAP T PFD CV 001648203 5049 102000 SH SOLE 102000
AVADO FING I TERM CV A $3.5 PFD CV 05336q205 2630 154720 SH SOLE 154720
BELCO OIL & GAS CORP PFD CONV PFD CV 077410207 1838 118600 SH SOLE 118600
BETHLEHEM STEEL CORP CV PFD 14 PFD CV 087509501 10872 388300 SH SOLE 388300
BIOVAIL CORP CV PFD (REG) PFD CV 09067j208 23837 515400 SH SOLE 515400
BREED TECH INC CAP TR SER 144A PFD CV 05576m203 42 21000 SH SOLE 21000
CANADIAN NATIONAL RAILWAY CO C PFD CV 136375409 3455 83000 SH SOLE 83000
CAREMARK RX CAP TRUST I 144A PFD CV 14170k209 4437 125000 SH SOLE 125000
CELLNET FUNDING LLC CV PFD PFD CV 150945202 71 25000 SH SOLE 25000
CENTRAL PARKING FIN TR CV PFD PFD CV 154787303 4875 375000 SH SOLE 375000
CENTRAL PARKING FIN TR CV PFD PFD CV 154787204 3185 245000 SH SOLE 245000
CHIQUITA BRANDS CV PFD SER A PFD CV 170032403 5637 336550 SH SOLE 336550
CHIQUITA BRANDS INTL PFD NV CV PFD CV 170032502 5175 247150 SH SOLE 247150
CITIZENS UTILITIES TR CV PFD ( PFD CV 177351202 337 5400 SH SOLE 5400
COMCAST CORP CV SUB DEB (ZONES PFD CV 200300606 7620 60000 SH SOLE 60000
CRESCENT REAL EST PPTYS 6.750% PFD CV 225756204 12211 864500 SH SOLE 864500
DECS TR III DECS EX B HERBALIF PFD CV 243665205 2080 160000 SH SOLE 160000
FEDERAL-MOGUL FIN TR CV PFD SE PFD CV 313552408 17050 550000 SH SOLE 550000
FIRST UNION REAL ESTATE CV PFD PFD CV 337400303 1791 90100 SH SOLE 90100
FLEETWOOD CAP TR CV PFD TR 6% PFD CV 339072407 13392 455900 SH SOLE 455900
FREEPORT MC MORAN CV PFD PFD CV 35671d501 2222 150000 SH SOLE 150000
FRONTIER FIN TR CORP CONV PFD PFD CV 35907u301 7127 890910 SH SOLE 890910
GENERAL DATACOMM INDS INC CV P PFD CV 369487202 6103 279000 SH SOLE 279000
GENERAL GROWTH PPTYS 7.25% CV PFD CV 370021206 14404 685900 SH SOLE 685900
GENEVA STEEL CO PFD B EXCH 14% PFD CV 372252403 337 22500 SH SOLE 22500
GLENBOROUGH REALTY TR PFD CV S PFD CV 37803p204 532 35500 SH SOLE 35500
GLOBAL CROSSING LTD CV PFD (14 PFD CV 37932j301 11409 47000 SH SOLE 47000
GLOBALSTAR TELECOMM LTD 9% CV PFD CV 379364870 1984 62500 SH SOLE 62500
HANOVER COMPRESSOR CAP TR CV P PFD CV 41076m203 14827 180000 SH SOLE 180000
HERCULES INC CV PFD TR II (REG PFD CV 427098306 14625 25000 SH SOLE 25000
HVIDE CAP TR TCPS 6.500% (REG) PFD CV 448513408 193 193000 SH SOLE 193000
HYBRIDON INC. SER A CV PFD (RE PFD CV 44860m884 4620 38496 SH SOLE 38496
K MART FINANCING 1 TRUST CV PF PFD CV 498778208 14069 326700 SH SOLE 326700
KAUFMAN & BROAD HOME CV PFD (P PFD CV 486168503 1770 240000 SH SOLE 240000
LERNOUT & HAUSPIE CAP TR I PIE PFD CV 501608202 18026 190000 SH SOLE 190000
LORAL SPACE & COMM 6% 021507 C PFD CV 543885602 1415 40000 SH SOLE 40000
LORAL SPACE & COMM 6.000% 11/0 PFD CV g56462149 11959 369375 SH SOLE 369375
LTV CORP NEW PFD CV SER A (144 PFD CV 501921209 4230 80000 SH SOLE 80000
MANDATORY COM EXCH TR TIMES 7 PFD CV 562613109 115 68100 SH SOLE 68100
MARVEL ENTERPRISES INC CV PFD PFD CV 57383m207 612 102000 SH SOLE 102000
MCKESSON CORP FIN TR TCPS 5% ( PFD CV 58155p501 8764 242600 SH SOLE 242600
MCLEODUSA INC CV PFD SER A (RE PFD CV 582266201 32908 43300 SH SOLE 43300
MEDPARTNERS INC NEW TAPS 6.500 PFD CV 58503x206 398 59000 SH SOLE 59000
METROMEDIA INTL GROUP PFD CONV PFD CV 591695200 1885 58900 SH SOLE 58900
MGC COMMUNICATIONS INC CV PFD PFD CV 552763500 12915 205000 SH SOLE 205000
NATL AUSTRALIA BANK 7.875% CV PFD CV 632525309 4918 204400 SH SOLE 204400
NEWELL FIN TR 1 CV PFD SER (RE PFD CV 651195307 23205 640150 SH SOLE 640150
NEWFIELD FIN TR I CV PFD SER ( PFD CV 651291205 1734 30000 SH SOLE 30000
OWENS & MINOR TR I GTD TRM CV PFD CV 690905302 2784 85000 SH SOLE 85000
OWENS CORNING CAP LLC CV PFD M PFD CV 690733209 34720 992000 SH SOLE 992000
OWENS ILLINOIS INC CV PFD PFD CV 690768502 5172 191100 SH SOLE 191100
PEAK TRENDS TR TRENDS PEAKF PFD CV 70468n107 5105 544500 SH SOLE 544500
PEGASUS COMMUNICATIONS CV PFD PFD CV 705904407 14655 120000 SH SOLE 120000
PENNCORP FINL GROUP INC CV $3. PFD CV 708094701 720 80000 SH SOLE 80000
PIONEER STANDARD FINL TR CV PF PFD CV 723879300 4620 82500 SH SOLE 82500
PSINET INC CV PFD 6.750% SER C PFD CV 74437c309 264 4120 SH SOLE 4120
PSINET INC CV PFD 7.000% SER 1 PFD CV 74437c408 35517 809500 SH SOLE 809500
RECKSON ASSOCS REALTY CV PFD S PFD CV 75621k205 8700 459400 SH SOLE 459400
RSL COMMUNICATIONS LTD CV PFD PFD CV 74972q200 1450 25000 SH SOLE 25000
SAVOIR TECH GRP INC SER A CV P PFD CV xx9303821 1750 70000 SH SOLE 70000
SEALED AIR CORP NEW CV PFD SER PFD CV 81211k209 2597 50000 SH SOLE 50000
SENSORMATIC ELECT 6.50% CORP C PFD CV 817265200 19876 619900 SH SOLE 619900
SL GREEN RLTY CORP PIERS PFD CV 78440x200 5150 200000 SH SOLE 200000
SOVEREIGN CAP TR II CV PFD (PI PFD CV 845905306 18247 374300 SH SOLE 374300
SPRINT CORP DECS EXCH 2000 PFD CV 852061407 1817 28500 SH SOLE 28500
ST PAUL CAP L L C CV PFD MIPS PFD CV 792856205 18636 311900 SH SOLE 311900
SUIZA CAP TRUST II 5.50% TR CV PFD CV 86507g408 28845 842200 SH SOLE 842200
SUN HEALTHCARE GROUP FING I PF PFD CV 866749203 1048 1047600 SH SOLE 1047600
SUPERIOR TR I PFD CV 8.50% PFD CV 86836p202 5564 179489 SH SOLE 179489
TEXAS INDUSTRIES INC CAP TR I PFD CV 873119200 803 25000 SH SOLE 25000
TIMET CAP TR I PFD CONV 144A PFD CV 887381200 672 44800 SH SOLE 44800
TIMET CAP TR I PFD CONV 6.625% PFD CV 887381408 13922 928107 SH SOLE 928107
TOWER AUTOMOTIVE INC CV PFD (R PFD CV 891706301 10754 297700 SH SOLE 297700
TRIBUNE CO CV PFD NEW DECS 6.2 PFD CV 896047206 356 26125 SH SOLE 26125
U.S. RESTAURANT PROPERTIES CV PFD CV 902971209 515 40000 SH SOLE 40000
UNION PACIFIC CAP TR CV PFD RE PFD CV 907824403 11737 300000 SH SOLE 300000
UNITED RENTALS INC CV PFD TR 1 PFD CV 91136h306 2794 85000 SH SOLE 85000
UNITED RENTALS INC CV PFD TR 1 PFD CV 91136h207 6575 200000 SH SOLE 200000
UNITEDGLOBALCOM CUM CV PFD SER PFD CV 913247201 4706 50000 SH SOLE 50000
USX CAP TR I QUIPS 6.75% REG PFD CV 90339e201 2718 74600 SH SOLE 74600
VANSTAR FINANCING TR CV PFD TR PFD CV 92208q307 7185 660650 SH SOLE 660650
WESTERN GAS RES INC CV PFD SER PFD CV 958259301 2881 100000 SH SOLE 100000
WESTFED HOLDINGS INC PIK SPLIT PFD CV 960080ab5 1530 2550000 SH SOLE 2550000
WHX CORP CV PFD SER A PFD CV 929248201 4036 149500 SH SOLE 149500
WINSTAR COMM INC 7.25% CV PFD PFD CV 975515867 14548 9281 SH SOLE 9281
AAMES FINL CORP COM COM 00253a101 -654 -1046900 SH SOLE -1046900
ACCLAIM ENTMT INC COM PAR $0.0 COM 004325205 -4700 -1418900 SH SOLE -1418900
ACTION PERFORMANCE COS INC COM COM 004933107 -1539 -115600 SH SOLE -115600
ADELPHIA COMMUNICATIONS COM COM 006848105 -6850 -139800 SH SOLE -139800
AETHER SYSTEMS INC COM COM 00808v105 -6407 -35300 SH SOLE -35300
ALPHARMA INC CL-A COM COM 020813101 -4619 -125700 SH SOLE -125700
ALTERRA HEALTHCARE CORP COM COM 02146c104 -2431 -607700 SH SOLE -607700
AMAZON.COM INC COM COM 023135106 -29098 -434300 SH SOLE -434300
AMERICAN CLASSIC VOYAGES CO CO COM 024928103 -3131 -124300 SH SOLE -124300
AMERICAN PACIFIC CORP COM COM 028740108 -727 -102900 SH SOLE -102900
AMERICAN RETIREMENT CORP COM COM 028913101 -4641 -542000 SH SOLE -542000
AMERICAN TOWER CORP CL- A COM COM 029912201 -18743 -379600 SH SOLE -379600
AMERITRADE HLDG CORP CL-A COM COM 03072h109 -11072 -530000 SH SOLE -530000
ANN TAYLOR STORES INC COM COM 036115103 -3820 -166100 SH SOLE -166100
APPLIED MATERIALS INC COM COM 038222105 -2941 -31200 SH SOLE -31200
ASAHI BREWERIES LTD COM COM jp3116000 -822 -82000 SH SOLE -82000
ASPEN TECHNOLOGY INC COM COM 045327103 -1086 -26900 SH SOLE -26900
AT HOME CORP COM SER A COM 045919107 -9012 -273600 SH SOLE -273600
AT&T CORP COM COM 001957109 -15767 -280000 SH SOLE -280000
ATRIX LABS INC COM COM 04962l101 -1419 -147400 SH SOLE -147400
AVADO BRANDS INC COM COM 05336p108 -857 -304700 SH SOLE -304700
AVIRON COM COM 053762100 -20620 -741400 SH SOLE -741400
BAKER J INC COM COM 057232100 -751 -107225 SH SOLE -107225
BANKATLANTIC BANCORP CL A COM 065908501 -300 -76312 SH SOLE -76312
BELCO OIL & GAS CORP COM COM 077410108 -685 -66050 SH SOLE -66050
BELL ATLANTIC CORP COM COM 077853109 -16803 -274900 SH SOLE -274900
BENCHMARK ELECTRONICS INC COM COM 08160h101 -3589 -97000 SH SOLE -97000
BETHLEHEM STEEL CORP COM COM 087509105 -2557 -426200 SH SOLE -426200
BEYOND.COM CORPORATION COM COM 08860e101 -881 -205800 SH SOLE -205800
BIOVAIL CORP COM COM 09067j109 -11983 -270800 SH SOLE -270800
BP AMOCO PLC SPON ADR COM 055622104 -14063 -264100 SH SOLE -264100
C-CUBE SEMICONDUCTOR COM (WHEN COM 12501p103 -2451 -86000 SH SOLE -86000
CABLE & WIRE PLC ORD SH COM gb0001625 -13838 -740000 SH SOLE -740000
CABLE & WIRELESS COMM SPONSORE COM 12682P104 -10353 -121800 SH SOLE -121800
CABLE & WIRELESS PLC SPON ADR COM 126830207 -13507 -241200 SH SOLE -241200
CANADIAN NATIONAL RAILWAY CO C COM 136375102 -1988 -74500 SH SOLE -74500
CAREMARK RX INC COM COM 141705103 -2974 -710100 SH SOLE -710100
CAREMATRIX CORPORATION COM COM 141706101 -300 -228700 SH SOLE -228700
CENTRAL GARDEN & PET CO COM COM 153527106 -890 -90100 SH SOLE -90100
CENTRAL PARKING CORP (symbol c COM 154785109 -3938 -196900 SH SOLE -196900
CHECKFREE HOLDINGS CORP COM COM 162816102 -14121 -200300 SH SOLE -200300
CHECKPOINT SYSTEMS INC COM COM 162825103 -8278 -988400 SH SOLE -988400
CHIQUITA BRANDS INTL COM COM 170032106 -5287 -1113020 SH SOLE -1113020
CIRRUS LOGIC CORP COM COM 172755100 -4322 -236800 SH SOLE -236800
CLEAR CHANNEL COMMUNICATIONS I COM 184502102 -46153 -668274 SH SOLE -668274
COEUR D ALENE MINES ID COM COM 192108108 -1149 -391150 SH SOLE -391150
CORECOMM LIMITED COM COM g2422r109 -3573 -81200 SH SOLE -81200
CORNING INC COM COM 219350105 -1746 -9000 SH SOLE -9000
CRESCENT REAL ESTATE COM COM 225756105 -5255 -300300 SH SOLE -300300
CRITICAL PATH INC COM COM 22674v100 -1555 -18300 SH SOLE -18300
CURAGEN CORP COM COM 23126r101 -2431 -52000 SH SOLE -52000
CV THERAPEUTICS INC COM COM 126667104 -1365 -27200 SH SOLE -27200
DAIWA SECS GROUP INC COM jp3502200 -2931 -156000 SH SOLE -156000
DIGITAL ISLAND INC DEL COM COM 25385n101 -1980 -32500 SH SOLE -32500
E SPIRE COMMUNICATIONS INC COM 269153102 -1079 -153400 SH SOLE -153400
EARTHWEB INC COM COM 27032c108 -739 -30000 SH SOLE -30000
EBARA CORPORATION COM COM jp3166000 -1956 -150000 SH SOLE -150000
ELAN CORP PLC ADR COM 284131208 -14891 -313500 SH SOLE -313500
EMCOR GROUP INC COM COM 29084q100 -1054 -50200 SH SOLE -50200
EMERITUS CORP COM COM 291005106 -2082 -475800 SH SOLE -475800
ETOYS INC COM COM 297862104 -1219 -137800 SH SOLE -137800
FEDERAL MOGUL CORP COM COM 313549107 -5597 -335400 SH SOLE -335400
FEDERATED DEPT STORES COM COM 31410h101 -4352 -103000 SH SOLE -103000
FINANCIAL FEDERAL CORP COM COM 317492106 -2259 -124200 SH SOLE -124200
FIRST UNION REAL ESTATE EQ & COM 337400105 -394 -143100 SH SOLE -143100
FLEETWOOD ENTERPRISES COM COM 339099103 -3716 -251900 SH SOLE -251900
FLEXTRONICS INTL LTD ORD COM y2573f102 -6804 -96600 SH SOLE -96600
FREEPORT-MC MORAN COPPER & GOL COM 35671d105 -692 -62200 SH SOLE -62200
FRONTIER INSURANCE GROUP INC N COM 359081106 -1040 -1039800 SH SOLE -1039800
FUJITSU LTD COM COM jp3818000 -1533 -50000 SH SOLE -50000
GENERAL DATACOMM INDS COM COM 369487103 -3857 -417000 SH SOLE -417000
GENERAL GROWTH PPTYS COM COM 370021107 -8287 -272250 SH SOLE -272250
GENERAL SEMICONDUCTOR INC COM COM 370787103 -9708 -562800 SH SOLE -562800
GENESCO INC COM 371532102 -4247 -323600 SH SOLE -323600
GENZYME CORP COM GENERAL DIVIS COM 372917104 -10867 -216800 SH SOLE -216800
GENZYME CORP COM-MOLECULAR ONC COM 372917500 -316 -20900 SH SOLE -20900
GENZYME CORP SURGICAL PRODUCTS COM 372917609 -221 -18800 SH SOLE -18800
GETTY IMAGES INC COM COM 374276103 -1689 -47000 SH SOLE -47000
GLENBOROUGH REALTY TR INC COM COM 37803p105 -280 -19300 SH SOLE -19300
GLOBAL CROSSING LTD COM COM g3921a100 -7827 -191200 SH SOLE -191200
GLOBAL TELESYS GROUP INC COM COM 37936u104 -12013 -586000 SH SOLE -586000
GLOBALSTAR TELECOMM COM COM g3930h104 -1837 -132400 SH SOLE -132400
HANOVER COMPRESSOR CO COM COM 410768105 -13604 -239200 SH SOLE -239200
HARMONIC INC COM COM 413160102 -3888 -46700 SH SOLE -46700
HERBALIFE INTL INC CL-B COM 426908307 -1234 -93600 SH SOLE -93600
HERCULES INC COM COM 427056106 -5852 -362900 SH SOLE -362900
HEXCEL CORP NEW COM COM 428291108 -1407 -281500 SH SOLE -281500
HITACHI LTD COM COM jp3788600 -3086 -260000 SH SOLE -260000
HMT TECHNOLOGY CORP COM 403917107 -1543 -465800 SH SOLE -465800
HOMEBASE INC COM COM 43738e108 -3837 -1918600 SH SOLE -1918600
HUMAN GENOME SCIENCES COM COM 444903108 -2816 -33900 SH SOLE -33900
HUTCHINSON TECH INC COM COM 448407106 -2754 -156250 SH SOLE -156250
IBASIS INC COM COM 450732102 -3441 -83800 SH SOLE -83800
IMAX CORP COM COM 45245e109 -2176 -100900 SH SOLE -100900
IMCLONE SYSTEMS INC COM COM 45245w109 -9087 -118200 SH SOLE -118200
INA COM CORP COM 45323g109 -1970 -716386 SH SOLE -716386
INCYTE PHARMACEUTICALS INC COM COM 45337c102 -5832 -66700 SH SOLE -66700
INTERIM SERVICES INC COM COM 45868p100 -728 -39200 SH SOLE -39200
INTERLIANT INC COM COM 458742103 -4817 -170500 SH SOLE -170500
INTERMEDIA COMMUNICATIONS INC COM 458801107 -419 -8669 SH SOLE -8669
INTERNET CAPITAL GROUP INC COM COM 46059c106 -3784 -41900 SH SOLE -41900
INVITROGEN CORP COM COM 46185r100 -1405 -24200 SH SOLE -24200
IOMEGA CORP COM COM 462030107 -637 -167000 SH SOLE -167000
ITOCHU CORPORATION COM COM jp3143600 -5485 -1031000 SH SOLE -1031000
ITRON INC COM COM 465741106 -8545 -1231700 SH SOLE -1231700
K MART CORP COM COM 482584109 -6760 -697800 SH SOLE -697800
KAO CORPORATION COM COM jp3205800 -1162 -38000 SH SOLE -38000
KAUFMAN & BROAD HOME CORP COM COM 486168107 -1200 -56000 SH SOLE -56000
KELLSTROM INDS INC COM COM 488035106 -1135 -198500 SH SOLE -198500
LERNOUT & HAUSPIE SPEECH PROD COM b5628b104 -18465 -167100 SH SOLE -167100
LEVEL 3 COMMUNICATIONS INC COM COM 52729n100 -17893 -169200 SH SOLE -169200
LORAL CORP COM COM G56462107 -8193 -809200 SH SOLE -809200
LTV CORP NEW COM COM 501921100 -2743 -770000 SH SOLE -770000
MAGNA INTL INC CL-A COM COM 559222401 -3081 -77020 SH SOLE -77020
MAIL-WELL INC COM COM 560321200 -347 -40000 SH SOLE -40000
MAIL.COM INC COM COM 560311102 -10811 -626700 SH SOLE -626700
MARK IV INDS INC COM COM 570387100 -210 -9500 SH SOLE -9500
MARVEL ENTERPRISES INC COM COM 57383m108 -547 -92100 SH SOLE -92100
MATSUSHITA ELECTRIC INDUSTRIAL COM jp3866800 -4333 -145000 SH SOLE -145000
MATSUSHITA ELECTRIC WORKS COM COM jp3867600 -1031 -99000 SH SOLE -99000
MATTEL INC COM COM 577081102 -250 -23820 SH SOLE -23820
MCKESSON HBOC INC COM COM 58155q103 -5208 -248000 SH SOLE -248000
MCLEODUSA INC CL-A COM COM 582266102 -37197 -438574 SH SOLE -438574
METRICOM INC COM COM 591596101 -2323 -50100 SH SOLE -50100
METROMEDIA INTL GROUP COM COM 591695101 -871 -154800 SH SOLE -154800
MGC COMMUNICATIONS INC COM COM 552763302 -11168 -156200 SH SOLE -156200
MICHAELS STORES INC COM COM 594087108 -966 -23700 SH SOLE -23700
MITSUBISHI ELECTRIC CORP COM COM jp3902400 -1875 -199000 SH SOLE -199000
MITSUBISHI LOGISTICS CORP COM jp3902000 -424 -49000 SH SOLE -49000
NATL AUSTRALIA BANK LTD ADR (N COM 632525408 -2833 -43800 SH SOLE -43800
NCS HEALTHCARE INC CL A COM 628874109 -643 -354600 SH SOLE -354600
NEC CORPORATION COM COM jp3733000 -5810 -197000 SH SOLE -197000
NETBANK INC COM COM 640933107 -1898 -146000 SH SOLE -146000
NETWORK ASSOCIATES INC COM COM 640938106 -1651 -51200 SH SOLE -51200
NEWELL RUBBERMAID INC COM (N/ COM 651229106 -8057 -324700 SH SOLE -324700
NEWFIELD EXPLORATION CO COM COM 651290108 -1234 -35000 SH SOLE -35000
NEXTLINK COMMUNICATIONS CL-A C COM 65333h707 -4898 -39600 SH SOLE -39600
NGK SPARK PLUG CO LTD COM COM jp3738600 -3030 -266000 SH SOLE -266000
NOBLE INTL LTD COM COM 655053106 -945 -60000 SH SOLE -60000
NTL INC COM AS OF 0 COM 629407107 -37796 -407225 SH SOLE -407225
ORBITAL SCIENCES CORP COM COM 685564106 -5803 -386850 SH SOLE -386850
ORCKIT COMMUNICATIONS LTD COM COM m7531s107 -6358 -94900 SH SOLE -94900
OWENS & MINOR INC NEW COM COM 690732102 -1381 -130000 SH SOLE -130000
OWENS CORNING COM NEW COM 69073f103 -12214 -630400 SH SOLE -630400
OWENS ILLINOIS INC COM NEW COM 690768403 -1809 -107200 SH SOLE -107200
PEAK INTL LTD ORD COM g69586108 -440 -44600 SH SOLE -44600
PEGASUS COMMUNICATIONS CORP CL COM 705904100 -11316 -80400 SH SOLE -80400
PENN TREATY AMERICAN CORP COM COM 707874103 -4778 -286300 SH SOLE -286300
PERSONNEL GROUP OF AMERICA INC COM 715338109 -2293 -374400 SH SOLE -374400
PETSMART INC COM COM 716768106 -4560 -1520000 SH SOLE -1520000
PHARMACIA & UPJOHN INC COM COM 716941109 -4998 -84000 SH SOLE -84000
PHOTRONICS INC COM COM 719405102 -1501 -42500 SH SOLE -42500
PIONEER STANDARD ELECTRS COM COM 723877106 -3413 -216700 SH SOLE -216700
POWERTEL INC COM COM 73936c109 -10724 -155000 SH SOLE -155000
PRIMUS TELECOMMUNICATIONS GROU COM 741929103 -8916 -172500 SH SOLE -172500
PSINET INC COM COM 74437c101 -21330 -627061 SH SOLE -627061
QUADRAMED CORP COM COM 74730w101 -1777 -309000 SH SOLE -309000
QUANEX CORP COM COM 747620102 -239 -13300 SH SOLE -13300
QWEST COMMUNICATIONS COM COM 749121109 -6950 -144800 SH SOLE -144800
RATIONAL SOFTWARE CORP COM NEW COM 75409p202 -1821 -23800 SH SOLE -23800
READ-RITE CORP COM COM 755246105 -8005 -1707795 SH SOLE -1707795
RECKSON ASSOCIATES REALTY COM COM 75621k106 -5154 -274900 SH SOLE -274900
REDBACK NETWORKS INC COM COM 757209101 -9658 -32200 SH SOLE -32200
REPTRON ELECTRONICS INC COM 76026w109 -1084 -99100 SH SOLE -99100
RES-CARE INC COM COM 760943100 -1886 -201200 SH SOLE -201200
ROBBINS & MYERS INC COM COM 770196103 -1434 -60700 SH SOLE -60700
RSL COMMUNICATIONS LTD CL-A CO COM g7702u102 -1219 -50800 SH SOLE -50800
SANKYO COMPANY LTD COM COM jp3326400 -1937 -77000 SH SOLE -77000
SAVOIR TECHNOLOGY GROUP INC COM 80533w107 -517 -72506 SH SOLE -72506
SBC COMMUNICATIONS INC COM COM 78387G103 -1801 -42752 SH SOLE -42752
SEACOR HOLDINGS COM COM 811904101 -1606 -26600 SH SOLE -26600
SEALED AIR CORP COM NEW COM 81211k100 -2048 -37700 SH SOLE -37700
SEMTECH CORP COM COM 816850101 -6022 -94000 SH SOLE -94000
SENSORMATIC ELECTRONICS CORP C COM 817265101 -17820 -794227 SH SOLE -794227
SEPRACOR INC COM COM 817315104 -3524 -48400 SH SOLE -48400
SHARP CORPORATION COM COM jp3359600 -3184 -149000 SH SOLE -149000
SL GREEN REALTY CORP COM COM 78440x101 -3206 -135000 SH SOLE -135000
SONY CORPORATION COM jp3435000 -805 -5700 SH SOLE -5700
SOVEREIGN BANCORP INC COM COM 845905108 -12152 -1606900 SH SOLE -1606900
SPACEHAB INC COM COM 846243103 -593 -123300 SH SOLE -123300
SPEEDWAY MOTORSPORTS INC COM COM 847788106 -3771 -151200 SH SOLE -151200
SPLITROCK SERVICES INC COM COM 848636304 -820 -20000 SH SOLE -20000
SPRINT CORP PCS SER 1 COM COM 852061506 -20384 -311200 SH SOLE -311200
ST PAUL COMPANIES INC COM COM 792860108 -11401 -334100 SH SOLE -334100
STANDARD MOTOR PRODUCTS INC CO COM 853666105 -375 -25200 SH SOLE -25200
SUIZA FOODS CORP COM COM 865077101 -13262 -329500 SH SOLE -329500
SUPERIOR TELECOM INC COM COM 868365107 -2014 -156405 SH SOLE -156405
TALK.COM INC COM COM 874264104 -2173 -135800 SH SOLE -135800
TELXON CORP COM COM 879700102 -3293 -187500 SH SOLE -187500
TEXAS INDUSTRIES INC COM 882491103 -348 -11000 SH SOLE -11000
TITANIUM METALS CORP COM COM 888339108 -3869 -884400 SH SOLE -884400
TOHO CO LTD COM COM jp3598600 -1555 -5800 SH SOLE -5800
TOKYO GAS CO COM COM jp3573000 -1238 -576000 SH SOLE -576000
TOSHIBA CORPORATION COM COM jp3592200 -1863 -183000 SH SOLE -183000
TOWER AUTOMOTIVE INC COM COM 891707101 -6384 -389863 SH SOLE -389863
TRIBUNE CO NEW COM COM 896047107 -329 -9000 SH SOLE -9000
UNION PACIFIC CORP COM COM 907818108 -5341 -136500 SH SOLE -136500
UNITED RENTALS INC COM COM 911363109 -4106 -238050 SH SOLE -238050
UNITEDGLOBALCOM CL-A (N/C 072 COM 913247508 -4219 -56200 SH SOLE -56200
USX - U.S. STEEL GROUP INC COM COM 90337T101 -965 -38600 SH SOLE -38600
VENTRO CORP COM COM 922815105 -3488 -61600 SH SOLE -61600
VIROPHARMA INC COM COM 928241108 -822 -13400 SH SOLE -13400
WESTERN GAS RESOURCES INC COM COM 958259103 -1238 -78000 SH SOLE -78000
WHX CORP COM 929248102 -2278 -331400 SH SOLE -331400
WINSTAR COMMUNICATIONS INC COM 975515107 -20360 -339332 SH SOLE -339332
WORLD ACCESS INC COM COM 98141a101 -1136 -59400 SH SOLE -59400
YAMAHA MOTORS CORP COM -564 -71000 SH SOLE -71000
QWEST COMMUNICATIONS JUL PUT O PUT 7C599D956 1317 1013 SH PUT SOLE 1013
VENTRO CORP APR PUT OPT 70 042 PUT 1H199S317 837 500 SH PUT SOLE 500
CABLE & WIRELESS MAY CLL OPT 7 CALL 1G299E004 683 430 SH CALL SOLE 430
QWEST COMMUNICATIONS JUL CLL O CALL 7C599C958 -203 -1013 SH CALL SOLE -1013
VENTRO CORP APR CLL OPT 55 042 CALL 1H199R244 -281 -239 SH CALL SOLE -239
VENTRO CORP APR CLL OPT 70 042 CALL 1H199R319 -331 -500 SH CALL SOLE -500
ITOCHU CORPORATION CV (ZERO) jp314360p 12013 10970000 PRN SOLE 10970000
NETWORK ASSOCIATES INC CV SUB 640938ab2 3812 10000000 PRN SOLE 10000000
SHONEYS INC CV DEBS (ZEROS) (R 825039ac4 887 5000000 PRN SOLE 5000000
TAKARA CO CV (ZERO) ch0009952 959 1000000 PRN SOLE 1000000
AAMES FINANCIAL CORP CV SUB DE CONV 00253aae1 7852 22435000 PRN SOLE 22435000
ACCLAIM ENTERTAINMENT INC CV S CONV 004325aa4 7656 8700000 PRN SOLE 8700000
ACTION PERFORMANCE COS CV SUB CONV 004933ab3 6482 11867000 PRN SOLE 11867000
AETHER SYSTEMS INC CV SUB NTS CONV 00808vaa3 9904 10550000 PRN SOLE 10550000
ALPHARMA INC CV SUB NTS (REG) CONV 020813ad3 6068 4750000 PRN SOLE 4750000
ALTERNATIVE LIVING SERVICES IN CONV 02145kac1 3949 7631000 PRN SOLE 7631000
ALTERNATIVE LIVING SERVICES IN CONV 02145kad9 4140 8000000 PRN SOLE 8000000
AMAZON COM INC CV SUB NTS 144A CONV 023135ad8 13942 14300000 PRN SOLE 14300000
AMAZON COM INC CV SUB NTS REG CONV 023135af3 20670 21200000 PRN SOLE 21200000
AMERICAN RETIREMENT SVCS CV CONV 028913aa9 12431 19125000 PRN SOLE 19125000
AMERICAN TOWER CORP CV BONDS ( CONV 029912ad4 13965 9500000 PRN SOLE 9500000
AMERICAN TOWER CORP CV BONDS 1 CONV 029912ac6 5880 4000000 PRN SOLE 4000000
AMERITRADE HOLDINGS INC CV SUB CONV 03072haa7 10560 12000000 PRN SOLE 12000000
AMERITRADE HOLDINGS INC CV SUB CONV 03072hab5 9460 10750000 PRN SOLE 10750000
ANN TAYLOR STORES INC CV SUB D CONV 036115ac7 10781 25000000 PRN SOLE 25000000
APPLIED MAGNETICS CORPORATION CONV xx9127429 360 2000000 PRN SOLE 2000000
ARV ASSISTED LIVING INC CV SUB CONV 00204caa5 1370 5075000 PRN SOLE 5075000
ASAHI BREWERIES LTD CV SUB DEB CONV jp311600r 2127 2000000 PRN SOLE 2000000
ASPEN TECHNOLOGY INC CV SUB DE CONV 045327ab9 1406 1500000 PRN SOLE 1500000
ASPEN TECHNOLOGY INC CV SUB DE CONV 045327aa1 562 600000 PRN SOLE 600000
ATHENA NEUROSCIENCES INC CV NT CONV 046854ab1 16937 12374000 PRN SOLE 12374000
ATRIX LABS INC CV SUB NTS (REG CONV 04962lac5 2612 3500000 PRN SOLE 3500000
AVIRON CV SUB NTS (REG) CONV 053762ac4 26872 26345000 PRN SOLE 26345000
BAKER J INC CV CONV 057232aa8 4863 6117000 PRN SOLE 6117000
BANKATLANTIC BANCORP CV SUB DE CONV 065908ac9 558 878000 PRN SOLE 878000
BELL ATLANTIC FINL SVCS INC CV CONV 07785gac4 52332 36500000 PRN SOLE 36500000
BELL ATLANTIC FINL SVCS INC CV CONV xs0089909 14594 10250000 PRN SOLE 10250000
BENCHMARK ELECTRONICS INC CV S CONV 08160haa9 5088 4750000 PRN SOLE 4750000
BEYOND.COM CORPORATION CV SUB CONV 08860eaa9 1540 3500000 PRN SOLE 3500000
CAREMATRIX CORP 6.250% CV SUB CONV 141706ac5 1190 4690000 PRN SOLE 4690000
CENTRAL GARDEN CV SUB NTS (REG CONV 153527ac0 4477 6000000 PRN SOLE 6000000
CHECKFREE HOLDINGS CORP CV SUB CONV 162816aa0 18908 16300000 PRN SOLE 16300000
CHECKPOINT SYSTEM INC CV CONV 162825ab9 8409 12013000 PRN SOLE 12013000
CHECKPOINT SYSTEM INC CV (EURO CONV xs0061177 9984 14764000 PRN SOLE 14764000
CHECKPOINT SYSTEM INC CV 144A CONV 162825aa1 595 850000 PRN SOLE 850000
CHECKPOINT SYSTEMS INC CV (EUR CONV xs0082084 2029 3000000 PRN SOLE 3000000
CIRRUS LOGIC INC CV SUB NTS RE CONV 172755ac4 8325 9250000 PRN SOLE 9250000
COEUR D'ALENE MINES CV SUB DEB CONV 192108ag3 3689 7305000 PRN SOLE 7305000
COEUR D'ALENE MINES CV SUB DEB CONV 192108af5 1929 3820000 PRN SOLE 3820000
CORECOMM LIMITED CV SUB NTS (1 CONV 21869naa3 4384 2500000 PRN SOLE 2500000
CRITICAL PATH INC CV BDS (144A CONV 22674vaa8 2494 2500000 PRN SOLE 2500000
CURAGEN CORP CV SUB DEBS (144A CONV 23126raa9 2839 3500000 PRN SOLE 3500000
CV THERAPEUTICS INC CV SUB NTS CONV 126667aa2 1647 2000000 PRN SOLE 2000000
DAIWA SECURITIES GROUP CV SUB CONV jp350220p 9302 8420000 PRN SOLE 8420000
DIGITAL ISLAND INC CV BONDS (R CONV 25385naa9 4120 5950000 PRN SOLE 5950000
EARTHWEB INC CV SUB NTS (144A) CONV 27032caa6 1275 1500000 PRN SOLE 1500000
EMCOR GROUP INC CV CONV 29084qac4 3450 3750000 PRN SOLE 3750000
EMERITUS CORP CV SUB DEBS REG CONV 291005aa4 8101 13760000 PRN SOLE 13760000
ETOYS INC CV SR SUB DEBS (144A CONV 297862aa2 5720 14300000 PRN SOLE 14300000
EXCITE@HOME INC CV SUB NTS (1 CONV 045919ad9 15892 19500000 PRN SOLE 19500000
EXIDE CORP CV CONV 302051af4 -1725 -3000000 PRN SOLE -3000000
FAMILY GOLF CTRS INC CV SUB NO CONV 30701aac0 1278 5945000 PRN SOLE 5945000
FINANCIAL FEDERAL CORP CV SUB CONV 317492ac0 4556 5456000 PRN SOLE 5456000
FPA MEDICAL MANAGEMENT COM CV CONV 302543ad5 110 11000000 PRN SOLE 11000000
FUJITSU LTD CV CONV jp381800q 1823 1000000 PRN SOLE 1000000
GENERAL SEMICONDUCTOR INC CV S CONV 370787aa1 10848 8500000 PRN SOLE 8500000
GENERAL SEMICONDUCTOR INC CV S CONV 370787ab9 2552 2000000 PRN SOLE 2000000
GENESCO INC CV SUB NTS (REG) CONV 371532al6 9815 11650000 PRN SOLE 11650000
GENZYME CORP-GEN DIV CV SUB NT CONV 372917af1 14456 10100000 PRN SOLE 10100000
GETTY IMAGES INC CV SUB NTS (1 CONV 374276ad5 7187 8900000 PRN SOLE 8900000
GLOBAL TELESYSTEMS GROUP SR SU CONV 37936uae4 17124 18843000 PRN SOLE 18843000
HEARTPORT INC CV CONV 421969ac0 359 750000 PRN SOLE 750000
HEXCEL CORP CV SUB NTS REG CONV 428291aa6 6021 8790000 PRN SOLE 8790000
HITACHI LTD CV CONV jp378860p 10764 9940000 PRN SOLE 9940000
HMT TECHNOLOGY CORP CV SUB NTS CONV 403917ab3 109 250000 PRN SOLE 250000
HMT TECHNOLOGY CORP CV SUB NTS CONV 403917ad9 7134 16400000 PRN SOLE 16400000
HOMEBASE INC CV 144A CONV 43738eaa6 3300 6000000 PRN SOLE 6000000
HOMEBASE INC CV SUB NTS CONV 43738eab4 17919 32580000 PRN SOLE 32580000
HUMAN GENOME SCIENCES INC CV S CONV 444903ag3 5535 9000000 PRN SOLE 9000000
HUTCHINSON TECH INC CV SUB NTS CONV 448407ac0 4744 5930000 PRN SOLE 5930000
IBASIS INC CV SUB NTS (REG) CONV 450732aa0 6064 9000000 PRN SOLE 9000000
IMAX CORP CV SUB NTS (REG-S) CONV u45090aa2 3135 2750000 PRN SOLE 2750000
IMCLONE SYSTEMS INC CV SUBS (1 CONV 45245waa7 12782 14950000 PRN SOLE 14950000
INCYTE PHARMACEUTICALS INC CV CONV 45337caa0 7950 10000000 PRN SOLE 10000000
INTERIM SERVICES INC CV SUB NT CONV 45868paa8 2392 3000000 PRN SOLE 3000000
INTERLIANT INC CV SUB NTS (144 CONV 458742aa1 7580 11250000 PRN SOLE 11250000
INTERNET CAPITAL GROUP INC CV CONV 46059caa4 5302 6000000 PRN SOLE 6000000
INVITROGEN CORP CV SUB NTS (14 CONV 46185raa8 2170 2700000 PRN SOLE 2700000
IOMEGA CORP CV SUB NTS CONV 462030aa5 986 1000000 PRN SOLE 1000000
ITRON INC CV SUB NTS (REG) CONV 465741ac0 13372 24536000 PRN SOLE 24536000
ITRON INC CV SUB NTS (REG) NEW CONV 465741ad8 10193 11079000 PRN SOLE 11079000
KELLSTROM INDS INC CV SUB NTS CONV 488035ae6 3244 6050000 PRN SOLE 6050000
KELLSTROM INDS INC CV SUB NTS CONV 488035ac0 2407 4500000 PRN SOLE 4500000
LEVEL 3 COMMUNICATIONS INC CV CONV 52729nas9 16018 16200000 PRN SOLE 16200000
LEVEL 3 COMMUNICATIONS INC CV CONV 52729nag5 8612 5000000 PRN SOLE 5000000
LIBERTY MEDIA GROUP INC CV DEB CONV 530715af8 15772 10250000 PRN SOLE 10250000
MAGNA INTL INC CV SUB DEBS (RE CONV 559222ae4 3106 3270000 PRN SOLE 3270000
MAGNA INTL INC CV SUB DEBS (RE CONV 559222ag9 11756 13650000 PRN SOLE 13650000
MAIL-WELL INC CV SUB NTS CONV 560321ad3 3155 3925000 PRN SOLE 3925000
MAIL.COM INC CV SUB NTS 144A CONV 560311aa0 15697 15600000 PRN SOLE 15600000
MARK IV INDUSTRI CV 144A CONV 570387an0 425 500000 PRN SOLE 500000
MATSUSHITA ELECTRIC WORKS CV CONV jp386760p 2067 1730000 PRN SOLE 1730000
MICHAELS STORES INC CV SUB NTS CONV 594087ac2 1672 1500000 PRN SOLE 1500000
MINDSPRING ENTERPRISES INC CV CONV 602683aa2 2974 3000000 PRN SOLE 3000000
MITSUBISHI ELECTRIC CORP CV CONV jp390240p 4224 3500000 PRN SOLE 3500000
MITSUBISHI LOGISTICS CORP CV CONV jp390200p 2795 2960000 PRN SOLE 2960000
NCS HEALTHCARE INC CV SUB NTS CONV 628874ac3 5712 16090000 PRN SOLE 16090000
NET.B@NK INC CV SUB NTS (REG) CONV 64107jaa4 4966 6958000 PRN SOLE 6958000
NICHIEI CO LTD CV CONV xs0094202 662 1000000 PRN SOLE 1000000
NOBLE INTL LTD CV SUB DEBS (RE CONV xs0089378 1153 1011500 PRN SOLE 1011500
NORTH AMERN VACCINE INC CV SUB CONV 657201ac3 3315 5315000 PRN SOLE 5315000
NTL INC CV SUB NTS (144A) CONV 629407an7 11302 11000000 PRN SOLE 11000000
ORBITAL SCIENCES CORP CV (REG) CONV 685564ac0 9922 12865000 PRN SOLE 12865000
ORCKIT COMMUNICATIONS LTD CV S CONV 685725aa1 9037 9500000 PRN SOLE 9500000
PENN TREATY AMERICAN CORP CV S CONV 707874ac7 13177 17867000 PRN SOLE 17867000
PERSONNEL GROUP OF AMERICA INC CONV 715338ae9 8379 12100000 PRN SOLE 12100000
PETSMART INC CV SUB NTS (REG) CONV 716768ab2 7366 11739000 PRN SOLE 11739000
PETSMART INC CV SUB NTS 144A CONV 716768aa4 2981 4750000 PRN SOLE 4750000
PHP HEALTHCARE CV (NEW) CONV 693344ac7 109 3636000 PRN SOLE 3636000
PRIMUS TELECOMM GROUP INC CV S CONV 741929ak9 12460 10800000 PRN SOLE 10800000
QUADRAMED CORP CV SUB DEBS (RE CONV 74730wac5 7286 17244000 PRN SOLE 17244000
QUADRAMED CORP CV SUB DEBS 144 CONV 74730waa9 1267 3000000 PRN SOLE 3000000
QUANEX CORP CV SUB DEB CONV 747620ac6 667 750000 PRN SOLE 750000
RATIONAL SOFTWARE CORP CV SUB CONV 75409paa1 2487 2000000 PRN SOLE 2000000
READ-RITE CORP CV SUB NTS (REG CONV 755246ab1 21186 20371000 PRN SOLE 20371000
REDBACK NETWORKS INC CV BDS (1 CONV 757209aa9 15397 16250000 PRN SOLE 16250000
REPTRON ELECTRONICS INC CV CONV 76026waa7 3363 5115000 PRN SOLE 5115000
RES-CARE INC CV SUB NTS (REG) CONV 760943ac4 617 1000000 PRN SOLE 1000000
RES-CARE INC CV SUB NTS 144A ( CONV XX9l26475 3900 6000000 PRN SOLE 6000000
ROBBINS & MEYERS INC CV SUB NT CONV 770196aa1 2561 2600000 PRN SOLE 2600000
SANKYO CO LTD CV CONV JP332640P 3084 2490000 PRN SOLE 2490000
SEACOR HOLDINGS INC CV SUB NTS CONV 811904ae1 3676 3600000 PRN SOLE 3600000
SEMTECH CORP CV SUB NTS (144A) CONV 816850ab7 9182 9900000 PRN SOLE 9900000
SEPRACOR INC CV SUB NTS (144A) CONV 817315aj3 4769 5000000 PRN SOLE 5000000
SPACEHAB INC CV SUB NTS (REG) CONV 846243AC7 1755 2400000 PRN SOLE 2400000
SPEEDWAY MOTORSPORTS INC CV SU CONV 847788ac0 7411 7750000 PRN SOLE 7750000
STANDARD MOTOR PRODUCTS INC CV CONV 853666ab1 1784 2500000 PRN SOLE 2500000
TEL-SAVE HLDGS INC CV SUB NTS CONV 879176af2 849 1121000 PRN SOLE 1121000
TEL-SAVE HOLDINGS INC CV SUB N CONV 879176ac9 2359 3000000 PRN SOLE 3000000
TELXON CORP CV SUB NTS REG CONV 879700ac6 11611 13600000 PRN SOLE 13600000
THERMO FIBERTEK INC CV GTD 144 CONV 88355WAA3 3400 4000000 PRN SOLE 4000000
TOHO CO CV 0.9% DUE 08/31/04 CONV jp359860p 2341 1440000 PRN SOLE 1440000
TOKYO GAS CO LTD CV 1.2% DUE 3 CONV jp357300p 6253 6440000 PRN SOLE 6440000
TOSHIBA CORPORATION CV CONV jp359220p 2578 1760000 PRN SOLE 1760000
TOWER AUTOMOTIVE INC CV SUB NT CONV 891707ae1 1725 2000000 PRN SOLE 2000000
TRANS WORLD AIRLINES INC SR SE CONV 893349bg4 400 500000 PRN SOLE 500000
U.S. DIAGNOSTIC INC CV NEG NTS CONV xx9l23954 1600 2000000 PRN SOLE 2000000
VENTRO CORP CV SUB NTS (REG) CONV 922815aa3 14400 18000000 PRN SOLE 18000000
VIROPHARMA INC CV SUB (144A) CONV 928241aa6 1822 2500000 PRN SOLE 2500000
WORLD ACCESS INC CV SUB NTS (R CONV 98141aac5 2975 3500000 PRN SOLE 3500000
AMER COMM SVCS INC WTS EXP 010 WT 02520b128 649 2300 SH SOLE 2300
ASCENT ASSURANCE INC WT EXP 0 WT 04362n111 1 12369 SH SOLE 12369
EBARA CORPORATION WTS EXP 6/30 WT be0007342 935 750 SH SOLE 750
FEDERATED DEPARTMENT STORES WT WT 31410H127 1785 105800 SH SOLE 105800
GOLDEN STATE BANCORP INC WTS E WT 381197136 937 697500 SH SOLE 697500
HYBRIDON INC. CL-A WARRANT (RE WT 44860m116 297 296690 SH SOLE 296690
JACOR COMMUNICATIONS INC WTS E WT 469858138 30361 2857500 SH SOLE 2857500
KAO CORPORATION WTS EXP 10/01/ WT ch0009806 443 500 SH SOLE 500
MAGELLAN HEALTH SERVICES INC W WT 559079116 35 692100 SH SOLE 692100
MATSUSHITA ELECTRIC INDUSTRIAL WT gb0057269 1872 950 SH SOLE 950
METRICOM INC WTS EXP 021510 WT 591596135 1530 15000 SH SOLE 15000
NEC CORPORATION WTS EXP 9/21/0 WT gb0057810 2245 1250 SH SOLE 1250
NGK SPARK WTS EXP 2/8/01 WT ch0010085 1048 1000 SH SOLE 1000
PATINA OIL & GAS CORP WT EXP WT 703224113 33 10667 SH SOLE 10667
POWERTEL INC WTS EXP 020106 WT 73936c117 9094 155000 SH SOLE 155000
RSTK AMER PACIFIC CORP WTS UTS WT 028740983 658 389283 SH SOLE 389283
SAVOIR TECH INC NEW WTS EXP 09 WT xx9381548 70 35000 SH SOLE 35000
SHARP CORP WTS EXP 082002 WT ann8120a8 1356 750 SH SOLE 750
SONY CORPORATION WTS EXP 09130 WT gb0057771 878 200 SH SOLE 200
THERMO FIBERGEN INC RTS WT 88355u117 81 144000 SH SOLE 144000
WINSTAR COMM INC WTS EXP 02/11 WT 975515156 5700 95000 SH SOLE 95000
</TABLE>
