BROOKHAVEN CAPITAL MANAGEMENT CO LTD, 4, 2000-10-18

BROOKHAVEN CAPITAL MANAGEMENT CO LTD
4, 2000-10-18

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	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
Form 4												OMB APPROVAL OMB Number: 3235-0287 Expires: December 31, 2001 Estimated average burden hours per response...0.5
*Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See* Instruction 1(b)**.
(Print or Type Responses)
1 .Name and Address of Reporting Person			2. Issuer Name and Ticker or Trading Symbol New Century Financial Corp. (NCEN)							6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ______ Director __X___ 10% Owner ______ Officer (give ______ Other (specify title below) below) ____________________________
(Last) (First) (Middle) Brookhaven Capital Management, LLC			3. IRS Identification Number of Reporting Person, if an entity (voluntary)			4. Statement for Month/Year January - September, 2000
(Street) 3000 Sandhill Road, Building 3, Suite 105						5. If Amendment, Date of Original (Month/Year)				7. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person, See Note (1).
(City) (State) (Zip) Menlo Park CA 94025			Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 4)		2. Trans- action Date (Month/ Day/ Year)		3. Trans- Action Code (Instr. 8)			4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 AND 5)				5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4) See Note (7)		6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4) See Note (6)
				Code	V		Amount	(A) or (D)	Price
Common Stock		01/04/2000		P			7,500	A	14.7292		4,761,807		D & I	(2)
Common Stock		01/06/2000		P			2,500	A	13.50		4,761,807		D & I	(2)
Common Stock		01/10/2000		P			14,000	A	13.375		4,761,807		D & I	(2)
Common Stock		01/11/2000		P			1,200	A	13.1979		4,761,807		D & I	(2)
Common Stock		01/12/2000		P			2,000	A	11.9375		4,761,807		D & I	(2)
Common Stock		01/13/2000		S			1,000	D	11.8125		4,761,807		D & I	(2)
Common Stock		01/13/2000		P			4,900	A	11.75		4,761,807		D & I	(2)
Common Stock		01/13/2000		S			1,000	D	12.50		4,761,807		D & I	(2)
Common Stock		01/13/2000		S			1,000	D	13.25		4,761,807		D & I	(2)
Common Stock		01/14/2000		P			2,000	A	13.0625		4,761,807		D & I	(2)
Common Stock		01/18/2000		P			4,900	A	12.75		4,761,807		D & I	(2)
Common Stock		01/18/2000		P			10,000	A	12.3688		4,761,807		D & I	(2)
Common Stock		01/19/2000		P			5,500	A	11.5114		4,761,807		D & I	(2)
Common Stock		01/19/2000		P			1,300	A	11.4423		4,761,807		D & I	(2)
Common Stock		01/20/2000		P			500	A	11.10		4,761,807		D & I	(2)
Common Stock		01/21/2000		P			500	A	10.75		4,761,807		D & I	(2)
Common Stock		01/24/2000		P			6,000	A	10.5625		6,820,391		I	(3)
Common Stock		01/25/2000		P			2,400	A	10.1042		4,761,807		D & I	(2)
Common Stock		01/25/2000		P			10,000	A	10.00		6,820,391		I	(3)
Common Stock		01/25/2000		P			11,100	A	9.625		6,820,391		I	(3)
Common Stock		01/26/2000		P			900	A	9.125		4,761,807		D & I	(2)
Common Stock		01/27/2000		P			9,000	A	9.4792		4,761,807		D & I	(2)
Common Stock		01/27/2000		P			2,100	A	9.2813		4,761,807		D & I	(2)
Common Stock		01/27/2000		P			2,400	A	9.375		6,820,391		I	(3)
Common Stock		01/28/2000		P			75,200	A	9.25		4,761,807		D & I	(2)
Common Stock		01/28/2000		P			11,100	A	9.7117		4,761,807		D & I	(2)
Common Stock		01/28/2000		P			2,000	A	10.00		4,761,807		D & I	(2)
Common Stock		01/28/2000		P			30,000	A	9.25		6,820,391		I	(3)
Common Stock		01/28/2000		P			1,700	A	10.00		6,820,391		I	(3)
Common Stock		01/28/2000		S			105,200	D	9.25		6,820,391		I	(3)
Common Stock		01/31/2000		P			1,600	A	10.125		6,820,391		I	(3)
Common Stock		02/01/2000		P			5,000	A	9.75		4,761,807		D & I	(2)
Common Stock		02/01/2000		P			12,300	A	9.5561		4,761,807		D & I	(2)
Common Stock		02/02/2000		P			1,000	A	11.25		4,761,807		D & I	(2)
Common Stock		02/02/2000		P			28,000	A	10.6014		4,761,807		D & I	(2)
Common Stock		02/02/2000		P			1,500	A	10.50		4,761,807		D & I	(2)
Common Stock		02/02/2000		P			12,000	A	10.6014		6,820,391		I	(3)
Common Stock		02/02/2000		P			16,000	A	10.7715		6,820,391		I	(3)
Common Stock		02/03/2000		P			10,300	A	10.444		4,761,807		D & I	(2)
Common Stock		02/03/2000		P			5,000	A	10.444		6,820,391		I	(3)
Common Stock		02/03/2000		P			10,100	A	10.4765		6,820,391		I	(3)
Common Stock		02/03/2000		P			2,200	A	10.4375		6,820,391		I	(3)
Common Stock		02/04/2000		P			5,200	A	10.4736		4,761,807		D & I	(2)
Common Stock		02/04/2000		P			2,000	A	10.125		4,761,807		D & I	(2)
Common Stock		02/07/2000		P			200	A	10.0625		4,761,807		D & I	(2)
Common Stock		02/08/2000		P			2,700	A	9.6875		4,761,807		D & I	(2)
Common Stock		02/09/2000		P			13,000	A	9.41		116,500		I	(5)
Common Stock		02/09/2000		P			9,300	A	9.4039		4,761,807		D & I	(2)
Common Stock		02/09/2000		P			3,000	A	9.4039		6,820,391		I	(3)
Common Stock		02/09/2000		P			10,000	A	9.4039		6,820,391		I	(3)
Common Stock		02/10/2000		P			8,700	A	9.324		4,761,807		D & I	(2)
Common Stock		02/10/2000		S			32,000	D	9.50		4,761,807		D & I	(2)
Common Stock		02/10/2000		P			32,000	A	9.50		6,820,391		I	(3)
Common Stock		02/11/2000		P			4,900	A	8.9885		6,820,391		I	(3)
Common Stock		02/11/2000		P			7,400	A	9.0912		6,820,391		I	(3)
Common Stock		02/14/2000		P			4,100	A	9.8674		6,820,391		I	(3)
Common Stock		02/15/2000		P			3,100	A	10.2601		4,761,807		D & I	(2)
Common Stock		02/15/2000		P			9,500	A	10.1586		4,761,807		D & I	(2)
Common Stock		02/16/2000		P			22,300	A	9.6875		6,820,391		I	(3)
Common Stock		02/16/2000		P			7,200	A	10.296		6,820,391		I	(3)
Common Stock		02/17/2000		P			6,800	A	9.9288		4,761,807		D & I	(2)
Common Stock		02/18/2000		P			1,000	A	10.00		4,761,807		D & I	(2)
Common Stock		02/22/2000		P			10,000	A	9.8331		6,820,391		I	(3)
Common Stock		02/22/2000		P			20,000	A	9.7813		6,820,391		I	(3)
Common Stock		02/23/2000		P			2,500	A	9.625		6,820,391		I	(3)
Common Stock		02/28/2000		S			15,400	D	9.1672		4,761,807		D & I	(2)
Common Stock		02/28/2000		P			24,000	A	9.2434		6,820,391		I	(3)
Common Stock		02/29/2000		S			20,000	D	9.4375		4,761,807		D & I	(2)
Common Stock		02/29/2000		P			23,500	A	9.4229		6,820,391		I	(3)
Common Stock		03/01/2000		P			1,000	A	8.25		4,761,807		D & I	(2)
Common Stock		03/03/2000		P			40,500	A	7.3904		4,761,807		D & I	(2)
Common Stock		03/03/2000		S			38,000	D	7.375		6,820,391		I	(3)
Common Stock		03/06/2000		P			3,500	A	6.73		158,800		D & I	(4)-2,000 shares (5)-1,500 shares
Common Stock		03/06/2000		P			600	A	6.74		116,500		I	(5)
Common Stock		03/06/2000		P			220,000	A	6.6595		4,761,807		D & I	(2)
Common Stock		03/06/2000		S			36,500	D	6.6566		4,761,807		D & I	(2)
Common Stock		03/06/2000		S			900	D	7.25		4,761,807		D & I	(2)
Common Stock		03/06/2000		S			1,000	D	7.375		4,761,807		D & I	(2)
Common Stock		03/06/2000		P			27,100	A	6.6595		6,820,391		I	(3)
Common Stock		03/06/2000		S			20,000	D	6.6566		6,820,391		I	(3)
Common Stock		03/06/2000		S			188,400	D	6.6566		6,820,391		I	(3)
Common Stock		03/07/2000		P			5,000	A	7.50		158,800		D & I	(4)-2,500 shares (5)-2,500 shares
Common Stock		03/08/2000		P			5,000	A	7.54		116,500		I	(5)
Common Stock		03/08/2000		P			1,200	A	7.625		4,761,807		D & I	(2)
Common Stock		03/09/2000		P			10,000	A	7.5656		4,761,807		D & I	(2)
Common Stock		03/09/2000		S			1,000	D	8.00		4,761,807		D & I	(2)
Common Stock		03/10/2000		P			15,000	A	7.25		116,500		I	(5)
Common Stock		03/10/2000		P			16,900	A	7.1376		6,820,391		I	(3)
Common Stock		03/13/2000		P			12,000	A	6.56		116,500		I	(5)
Common Stock		03/13/2000		P			3,000	A	6.57		116,500		I	(5)
Common Stock		03/13/2000		P			20,000	A	6.4965		6,820,391		I	(3)
Common Stock		03/13/2000		P			10,000	A	6.4965		4,761,807		D & I	(2)
Common Stock		03/13/2000		P			25,000	A	6.4625		4,761,807		D & I	(2)
Common Stock		03/13/2000		P			34,750	A	6.4965		6,820,391		I	(3)
Common Stock		03/13/2000		P			10,000	A	6.4965		6,820,391		I	(3)
Common Stock		03/14/2000		P			12,000	A	6.6354		6,820,391		I	(3)
Common Stock		03/14/2000		P			7,500	A	6.50		6,820,391		I	(3)
Common Stock		03/14/2000		P			10,000	A	6.5625		6,820,391		I	(3)
Common Stock		03/15/2000		P			10,800	A	6.8475		6,820,391		I	(3)
Common Stock		03/15/2000		P			20,000	A	6.8475		6,820,391		I	(3)
Common Stock		03/15/2000		P			15,000	A	6.6875		6,820,391		I	(3)
Common Stock		03/16/2000		P			15,000	A	7.03		116,500		I	(5)
Common Stock		03/16/2000		P			2,300	A	7.1033		4,761,807		D & I	(2)
Common Stock		03/17/2000		P			33,500	A	6.83		158,800		D & I	(4)-17,000 shares (5)-16,500 shares
Common Stock		03/17/2000		P			25,000	A	6.75		4,761,807		D & I	(2)
Common Stock		03/17/2000		P			25,000	A	6.8197		4,761,807		D & I	(2)
Common Stock		03/17/2000		P			25,000	A	6.8197		6,820,391		I	(3)
Common Stock		03/17/2000		P			27,000	A	6.8197		6,820,391		I	(3)
Common Stock		03/20/2000		P			25,000	A	6.89		6,820,391		I	(3)
Common Stock		03/20/2000		P			5,000	A	6.95		6,820,391		I	(3)
Common Stock		03/20/2000		P			8,500	A	6.6544		4,761,807		D & I	(2)
Common Stock		03/20/2000		P			25,000	A	6.89		6,820,391		I	(3)
Common Stock		03/21/2000		P			26,900	A	7.4858		4,761,807		D & I	(2)
Common Stock		03/21/2000		P			25,000	A	7.2875		4,761,807		D & I	(2)
Common Stock		03/22/2000		P			8,500	A	9.0699		4,761,807		D & I	(2)
Common Stock		03/22/2000		S			500	D	9.00		4,761,807		D & I	(2)
Common Stock		03/23/2000		P			7,700	A	9.2561		6,820,391		I	(3)
Common Stock		03/24/2000		P			5,900	A	9.179		4,761,807		D & I	(2)
Common Stock		03/27/2000		P			4,000	A	9.1125		4,761,807		D & I	(2)
Common Stock		03/28/2000		P			2,000	A	9.13		116,500		I	(5)
Common Stock		03/28/2000		S			100	D	9.50		4,761,807		D & I	(2)
Common Stock		03/28/2000		P			3,000	A	9.4507		6,820,391		I	(3)
Common Stock		03/28/2000		P			7,300	A	9.4507		6,820,391		I	(3)
Common Stock		03/29/2000		P			12,700	A	9.13		116,500		I	(5)
Common Stock		03/29/2000		P			11,100	A	9.2855		4,761,807		D & I	(2)
Common Stock		03/30/2000		P			4,400	A	9.0625		4,761,807		D & I	(2)
Common Stock		03/30/2000		P			5,600	A	9.3686		6,820,391		I	(3)
Common Stock		03/30/2000		P			6,500	A	9.9543		6,820,391		I	(3)
Common Stock		03/30/2000		S			400	D	10.25		6,820,391		I	(3)
Common Stock		03/30/2000		S			600	D	10.50		6,820,391		I	(3)
Common Stock		03/31/2000		P			1,500	A	10.00		4,761,807		D & I	(2)
Common Stock		03/31/2000		P			28,200	A	9.5904		4,761,807		D & I	(2)
Common Stock		03/31/2000		P			20,000	A	10.00		4,761,807		D & I	(2)
Common Stock		04/03/2000		P			6,000	A	9.00		4,761,807		D & I	(2)
Common Stock		04/03/2000		P			3,600	A	9.2057		4,761,807		D & I	(2)
Common Stock		04/03/2000		P			2,800	A	9.25		4,761,807		D & I	(2)
Common Stock		04/04/2000		P			500	A	9.2313		4,761,807		D & I	(2)
Common Stock		04/05/2000		P			4,000	A	8.56		42,300		D	(4)
Common Stock		04/05/2000		P			2,000	A	8.875		4,761,807		D & I	(2)
Common Stock		04/06/2000		P			2,000	A	8.75		4,761,807		D & I	(2)
Common Stock		04/07/2000		P			2,000	A	8.81		6,820,391		I	(3)
Common Stock		04/07/2000		P			25,300	A	9.0304		6,820,391		I	(3)
Common Stock		04/07/2000		S			20,000	D	9.00		6,820,391		I	(3)
Common Stock		04/11/2000		P			26,300	A	8.1948		4,761,807		D & I	(2)
Common Stock		04/11/2000		P			5,000	A	8.25		6,820,391		I	(3)
Common Stock		04/12/2000		P			17,500	A	8.00		42,300		D	(4)
Common Stock		04/12/2000		P			39,800	A	7.5163		4,761,807		D & I	(2)
Common Stock		04/13/2000		P			50,000	A	7.625		4,761,807		D & I	(2)
Common Stock		04/13/2000		S			50,000	D	7.625		6,820,391		I	(3)
Common Stock		04/14/2000		P			4,300	A	7.5509		6,820,391		I	(3)
Common Stock		04/17/2000		P			6,000	A	7.3125		4,761,807		D & I	(2)
Common Stock		04/17/2000		P			13,500	A	7.3046		6,820,391		I	(3)
Common Stock		04/17/2000		S			175,517	D	9.9374		6,820,391		I	(3)
Common Stock		04/19/2000		P			5,000	A	6.9713		4,761,807		D & I	(2)
Common Stock		04/20/2000		P			2,900	A	7.0237		4,761,807		D & I	(2)
Common Stock		04/24/2000		P			400	A	7.00		4,761,807		D & I	(2)
Common Stock		04/26/2000		P			2,000	A	7.00		4,761,807		D & I	(2)
Common Stock		04/28/2000		P			700	A	6.875		4,761,807		D & I	(2)
Common Stock		05/05/2000		P			1,000	A	6.5188		4,761,807		D & I	(2)
Common Stock		05/08/2000		P			700	A	6.5179		6,820,391		I	(3)
Common Stock		05/08/2000		P			300	A	6.5625		6,820,391		I	(3)
Common Stock		05/09/2000		P			3,900	A	6.0897		6,820,391		I	(3)
Common Stock		05/10/2000		P			25,900	A	6.0625		4,761,807		D & I	(2)
Common Stock		05/10/2000		S			50,000	D	6.125		6,820,391		I	(3)
Common Stock		05/10/2000		S			24,800	D	6.0625		6,820,391		I	(3)
Common Stock		05/11/2000		P			1,800	A	5.84		42,300		D	(4)
Common Stock		05/11/2000		P			7,800	A	5.9075		6,820,391		I	(3)
Common Stock		05/12/2000		P			11,000	A	5.43		158,800		D	(4)
Common Stock		05/12/2000		P			11,300	A	5.43		6,820,391		I	(3)
Common Stock		05/12/2000		P			11,300	A	6.1999		6,820,391		I	(3)
Common Stock		05/12/2000		P			20,000	A	5.3438		6,820,391		I	(3)
Common Stock		05/12/2000		P			28,901	A	5.6356		6,820,391		I	(3)
Common Stock		05/15/2000		P			30,000	A	7.0211		6,820,391		I	(3)
Common Stock		05/15/2000		P			17,200	A	6.8964		4,761,807		D & I	(2)
Common Stock		05/15/2000		P			27,000	A	6.8964		6,820,391		I	(3)
Common Stock		05/16/2000		P			300	A	7.00		4,761,807		D & I	(2)
Common Stock		05/16/2000		P			3,000	A	7.5344		4,761,807		D & I	(2)
Common Stock		05/17/2000		P			27,500	A	6.9489		4,761,807		D & I	(2)
Common Stock		05/17/2000		P			200	A	6.875		4,761,807		D & I	(2)
Common Stock		05/17/2000		P			24,800	A	7.2412		4,761,807		D & I	(2)
Common Stock		05/17/2000		P			7,500	A	7.8033		6,820,391		I	(3)
Common Stock		05/17/2000		P			38,000	A	7.75		6,820,391		I	(3)
Common Stock		05/17/2000		S			2,900	D	6.7907		6,820,391		I	(3)
Common Stock		05/18/2000		P			20,000	A	7.9375		4,761,807		D & I	(2)
Common Stock		05/18/2000		P			38,900	A	7.9578		4,761,807		D & I	(2)
Common Stock		05/18/2000		P			1,400	A	7.625		4,761,807		D & I	(2)
Common Stock		05/18/2000		P			22,500	A	8.0669		6,820,391		I	(3)
Common Stock		05/18/2000		S			20,000	D	7.9375		6,820,391		I	(3)
Common Stock		05/18/2000		S			400	D	7.6875		6,820,391		I	(3)
Common Stock		05/19/2000		P			20,000	A	8.3006		6,820,391		I	(3)
Common Stock		05/19/2000		P			20,000	A	8.3125		4,761,807		D & I	(2)
Common Stock		05/19/2000		P			5,000	A	8.3006		4,761,807		D & I	(2)
Common Stock		05/19/2000		P			34,156	A	8.0964		4,761,807		D & I	(2)
Common Stock		05/19/2000		P			25,000	A	7.75		4,761,807		D & I	(2)
Common Stock		05/19/2000		P			4,500	A	7.6875		4,761,807		D & I	(2)
Common Stock		05/19/2000		P			5,000	A	8.3006		6,820,391		I	(3)
Common Stock		05/19/2000		S			25,000	D	7.75		6,820,391		I	(3)
Common Stock		05/22/2000		P			2,000	A	8.50		4,761,807		D & I	(2)
Common Stock		05/22/2000		P			22,300	A	8.448		4,761,807		D & I	(2)
Common Stock		05/23/2000		P			4,500	A	8.9375		4,761,807		D & I	(2)
Common Stock		05/23/2000		P			12,500	A	8.896		4,761,807		D & I	(2)
Common Stock		05/23/2000		P			7,500	A	8.875		4,761,807		D & I	(2)
Common Stock		05/24/2000		P			60,100	A	8.427		4,761,807		D & I	(2)
Common Stock		05/24/2000		P			4,100	A	8.343		4,761,807		D & I	(2)
Common Stock		05/25/2000		P			20,000	A	8.4375		4,761,807		D & I	(2)
Common Stock		05/25/2000		P			22,700	A	8.5584		4,761,807		D & I	(2)
Common Stock		05/25/2000		P			5,000	A	8.50		4,761,807		D & I	(2)
Common Stock		05/26/2000		P			5,000	A	9.0137		4,761,807		D & I	(2)
Common Stock		05/26/2000		P			3,000	A	8.875		4,761,807		D & I	(2)
Common Stock		05/26/2000		P			7,900	A	8.875		4,761,807		D & I	(2)
Common Stock		05/26/2000		P			43,600	A	8.9216		4,761,807		D & I	(2)
Common Stock		05/30/2000		P			29,200	A	8.9374		4,761,807		D & I	(2)
Common Stock		05/31/2000		S			2,700	D	8.62		116,500		I	(5)
Common Stock		05/31/2000		P			10,000	A	8.75		4,761,807		D & I	(2)
Common Stock		05/31/2000		P			2,700	A	8.625		4,761,807		D & I	(2)
Common Stock		05/31/2000		P			85,500	A	9.0173		4,761,807		D & I	(2)
Common Stock		05/31/2000		P			19,900	A	9.2021		4,761,807		D & I	(2)
Common Stock		05/31/2000		P			25,000	A	9.2021		6,820,391		I	(3)
Common Stock		06/01/2000		P			13,000	A	8.8846		4,761,807		D & I	(2)
Common Stock		06/01/2000		P			4,500	A	9.4972		4,761,807		D & I	(2)
Common Stock		06/02/2000		P			5,000	A	9.40		42,300		D	(4)
Common Stock		06/05/2000		P			15,000	A	8.9191		6,820,391		I	(3)
Common Stock		06/05/2000		P			22,500	A	8.9069		4,761,807		D & I	(2)
Common Stock		06/05/2000		P			24,000	A	8.9191		4,761,807		D & I	(2)
Common Stock		06/06/2000		P			4,500	A	9.1458		6,820,391		I	(3)
Common Stock		06/06/2000		P			10,000	A	8.5625		6,820,391		I	(3)
Common Stock		06/08/2000		P			2,500	A	7.625		4,761,807		D & I	(2)
Common Stock		06/08/2000		P			9,700	A	7.7577		4,761,807		D & I	(2)
Common Stock		06/08/2000		P			25,000	A	7.7509		4,761,807		D & I	(2)
Common Stock		06/09/2000		P			7,500	A	6.75		4,761,807		D & I	(2)
Common Stock		06/09/2000		P			25,000	A	6.8324		4,761,807		D & I	(2)
Common Stock		06/09/2000		P			6,000	A	6.5625		4,761,807		D & I	(2)
Common Stock		06/09/2000		P			25,300	A	6.8324		6,820,391		I	(3)
Common Stock		06/12/2000		P			18,300	A	6.25		158,800		D & I	(4)-4,500 shares (5)-13,800 shares
Common Stock		06/12/2000		P			3,800	A	6.3125		4,761,807		D & I	(2)
Common Stock		06/12/2000		P			13,300	A	6.4551		4,761,807		D & I	(2)
Common Stock		06/13/2000		P			5,000	A	6.7488		4,761,807		D & I	(2)
Common Stock		06/13/2000		P			10,000	A	6.734		4,761,807		D & I	(2)
Common Stock		06/13/2000		P			3,900	A	6.8622		4,761,807		D & I	(2)
Common Stock		06/14/2000		P			7,500	A	6.52		42,300		D	(4)
Common Stock		06/14/2000		P			15,000	A	6.9354		4,761,807		D & I	(2)
Common Stock		06/14/2000		P			13,500	A	6.875		4,761,807		D & I	(2)
Common Stock		06/14/2000		P			10,100	A	6.4653		4,761,807		D & I	(2)
Common Stock		06/15/2000		P			1,000	A	6.75		42,300		D	(4)
Common Stock		06/15/2000		P			400	A	7.336		6,820,391		I	(3)
Common Stock		06/15/2000		S			1,000	D	6.75		4,761,807		D & I	(2)
Common Stock		06/16/2000		P			2,100	A	7.5893		6,820,391		I	(3)
Common Stock		06/19/2000		P			5,700	A	7.3958		6,820,391		I	(3)
Common Stock		06/20/2000		P			1,800	A	7.1649		6,820,391		I	(3)
Common Stock		06/21/2000		S			9,200	D	7.4158		4,761,807		D & I	(2)
Common Stock		06/21/2000		P			30,000	A	7.4985		6,820,391		I	(3)
Common Stock		06/21/2000		P			11,200	A	7.6602		6,820,391		I	(3)
Common Stock		06/22/2000		P			6,400	A	7.8975		6,820,391		I	(3)
Common Stock		06/22/2000		P			15,000	A	7.8941		6,820,391		I	(3)
Common Stock		06/22/2000		P			15,000	A	7.8941		6,820,391		I	(3)
Common Stock		06/23/2000		S			36,100	D	8.679		4,761,807		D & I	(2)
Common Stock		06/23/2000		P			22,000	A	8.7729		6,820,391		I	(3)
Common Stock		06/26/2000		P			12,500	A	7.8954		6,820,391		I	(3)
Common Stock		06/26/2000		P			45,000	A	7.7386		6,820,391		I	(3)
Common Stock		06/26/2000		P			7,300	A	7.8954		6,820,391		I	(3)
Common Stock		06/27/2000		P			20,000	A	7.3234		6,820,391		I	(3)
Common Stock		06/27/2000		P			38,600	A	7.4151		6,820,391		I	(3)
Common Stock		06/28/2000		P			20,000	A	7.3169		6,820,391		I	(3)
Common Stock		06/28/2000		P			2,500	A	7.375		6,820,391		I	(3)
Common Stock		06/28/2000		P			8,500	A	7.4346		6,820,391		I	(3)
Common Stock		06/29/2000		P			2,000	A	7.9688		6,820,391		I	(3)
Common Stock		06/29/2000		P			13,000	A	7.254		6,820,391		I	(3)
Common Stock		06/29/2000		P			25,000	A	7.9688		6,820,391		I	(3)
Common Stock		06/29/2000		P			2,000	A	7.254		6,820,391		I	(3)
Common Stock		06/29/2000		P			18,900	A	7.2774		6,820,391		I	(3)
Common Stock		06/29/2000		P			15,000	A	7.254		6,820,391		I	(3)
Common Stock		06/30/2000		P			85,000	A	8.625		4,761,807		D & I	(2)
Common Stock		06/30/2000		P			26,000	A	8.2906		4,761,807		D & I	(2)
Common Stock		06/30/2000		P			45,900	A	8.5652		4,761,807		D & I	(2)
Common Stock		06/30/2000		P			25,000	A	8.5652		6,820,391		I	(3)
Common Stock		06/30/2000		P			38,100	A	8.3406		6,820,391		I	(3)
Common Stock		07/03/2000		P			9,600	A	7.7549		4,761,807		D & I	(2)
Common Stock		07/05/2000		P			27,900	A	7.8886		4,761,807		D & I	(2)
Common Stock		07/05/2000		P			6,000	A	7.375		4,761,807		D & I	(2)
Common Stock		07/05/2000		S			2,000	D	7.375		6,820,391		I	(3)
Common Stock		07/06/2000		P			6,400	A	7.666		4,761,807		D & I	(2)
Common Stock		07/06/2000		P			7,400	A	8.0196		4,761,807		D & I	(2)
Common Stock		07/06/2000		P			20,000	A	7.819		4,761,807		D & I	(2)
Common Stock		07/07/2000		P			25,000	A	8.25		4,761,807		D & I	(2)
Common Stock		07/07/2000		S			10,000	D	8.25		4,761,807		D & I	(2)
Common Stock		07/10/2000		P			5,000	A	8.10		4,761,807		D & I	(2)
Common Stock		07/10/2000		P			10,000	A	8.25		4,761,807		D & I	(2)
Common Stock		07/10/2000		P			9,700	A	8.0139		4,761,807		D & I	(2)
Common Stock		07/11/2000		P			12,500	A	8.6803		4,761,807		D & I	(2)
Common Stock		07/11/2000		S			1,200	D	8.7916		4,761,807		D & I	(2)
Common Stock		07/12/2000		P			5,300	A	8.8812		4,761,807		D & I	(2)
Common Stock		07/13/2000		P			4,900	A	8.8731		4,761,807		D & I	(2)
Common Stock		07/14/2000		P			3,500	A	8.9821		4,761,807		D & I	(2)
Common Stock		07/14/2000		P			3,700	A	9.1098		4,761,807		D & I	(2)
Common Stock		07/17/2000		P			16,400	A	9.0259		4,761,807		D & I	(2)
Common Stock		07/18/2000		P			13,500	A	9.0699		4,761,807		D & I	(2)
Common Stock		07/18/2000		P			6,900	A	9.1549		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			48,001	A	9.126		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			5,000	A	8.625		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			5,000	A	9.00		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			2,500	A	8.625		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			10,000	A	9.3431		4,761,807		D & I	(2)
Common Stock		07/19/2000		P			200	A	8.6875		4,761,807		D & I	(2)
Common Stock		07/20/2000		P			13,200	A	9.7112		4,761,807		D & I	(2)
Common Stock		07/20/2000		P			5,000	A	9.75		4,761,807		D & I	(2)
Common Stock		07/21/2000		P			7,700	A	9.9255		4,761,807		D & I	(2)
Common Stock		07/21/2000		P			1,200	A	9.75		4,761,807		D & I	(2)
Common Stock		07/24/2000		P			7,000	A	10.1134		4,761,807		D & I	(2)
Common Stock		07/24/2000		P			4,200	A	9.744		6,820,391		I	(3)
Common Stock		07/25/2000		P			10,000	A	10.0638		6,820,391		I	(3)
Common Stock		07/25/2000		P			8,000	A	9.9219		4,761,807		D & I	(2)
Common Stock		07/25/2000		P			10,000	A	9.9531		6,820,391		I	(3)
Common Stock		07/26/2000		P			8,400	A	10.9959		6,820,391		I	(3)
Common Stock		07/26/2000		P			2,200	A	10.4602		4,761,807		D & I	(2)
Common Stock		07/26/2000		P			5,900	A	10.25		4,761,807		D & I	(2)
Common Stock		07/26/2000		S			2,200	D	10.8295		4,761,807		D & I	(2)
Common Stock		07/26/2000		P			11,000	A	10.9886		6,820,391		I	(3)
Common Stock		07/26/2000		P			5,000	A	10.9959		6,820,391		I	(3)
Common Stock		07/26/2000		P			25,000	A	10.8615		6,820,391		I	(3)
Common Stock		07/27/2000		P			10,000	A	10.25		4,761,807		D & I	(2)
Common Stock		07/27/2000		P			17,450	A	10.5549		4,761,807		D & I	(2)
Common Stock		07/27/2000		P			30,000	A	10.4601		4,761,807		D & I	(2)
Common Stock		07/27/2000		P			5,000	A	10.00		4,761,807		D & I	(2)
Common Stock		07/28/2000		P			16,500	A	11.1035		4,761,807		D & I	(2)
Common Stock		07/28/2000		P			500	A	10.75		4,761,807		D & I	(2)
Common Stock		07/28/2000		P			6,600	A	11.0019		4,761,807		D & I	(2)
Common Stock		07/31/2000		P			7,500	A	11.5993		6,820,391		I	(3)
Common Stock		07/31/2000		P			5,000	A	11.6344		6,820,391		I	(3)
Common Stock		07/31/2000		P			17,500	A	11.6026		4,761,807		D & I	(2)
Common Stock		07/31/2000		P			7,500	A	11.5993		4,761,807		D & I	(2)
Common Stock		07/31/2000		P			5,000	A	11.6026		6,820,391		I	(3)
Common Stock		07/31/2000		P			10,000	A	11.5993		6,820,391		I	(3)
Common Stock		07/31/2000		P			5,000	A	11.6344		6,820,391		I	(3)
Common Stock		07/31/2000		P			6,000	A	11.4844		6,820,391		I	(3)
Common Stock		08/01/2000		P			2,500	A	11.82		4,761,807		D & I	(2)
Common Stock		08/01/2000		P			2,000	A	11.8125		4,761,807		D & I	(2)
Common Stock		08/02/2000		P			7,100	A	11.9621		4,761,807		D & I	(2)
Common Stock		08/02/2000		P			16,300	A	11.7492		4,761,807		D & I	(2)
Common Stock		08/02/2000		S			2,000	D	11.5625		4,761,807		D & I	(2)
Common Stock		08/03/2000		S			7,000	D	12.18		42,300		D	(4)
Common Stock		08/03/2000		P			4,100	A	11.9634		4,761,807		D & I	(2)
Common Stock		08/03/2000		P			1,800	A	12.0208		4,761,807		D & I	(2)
Common Stock		08/03/2000		S			700	D	12.00		4,761,807		D & I	(2)
Common Stock		08/03/2000		S			1,100	D	11.875		4,761,807		D & I	(2)
Common Stock		08/04/2000		P			4,500	A	12.6917		4,761,807		D & I	(2)
Common Stock		08/04/2000		S			2,400	D	12.7396		4,761,807		D & I	(2)
Common Stock		08/07/2000		P			13,400	A	12.9482		4,761,807		D & I	(2)
Common Stock		08/07/2000		P			10,000	A	12.8744		6,820,391		I	(3)
Common Stock		08/08/2000		P			2,600	A	13.2308		4,761,807		D & I	(2)
Common Stock		08/09/2000		P			6,300	A	13.4167		4,761,807		D & I	(2)
Common Stock		08/09/2000		P			4,800	A	13.2552		4,761,807		D & I	(2)
Common Stock		08/10/2000		P			14,200	A	13.3213		4,761,807		D & I	(2)
Common Stock		08/10/2000		P			28,800	A	13.4894		4,761,807		D & I	(2)
Common Stock		08/10/2000		S			500	D	13.50		6,820,391		I	(3)
Common Stock		08/10/2000		P			10,000	A	13.8037		6,820,391		I	(3)
Common Stock		08/11/2000		P			50,000	A	14.25		4,761,807		D & I	(2)
Common Stock		08/11/2000		P			35,000	A	11.8214		4,761,807		D & I	(2)
Common Stock		08/11/2000		P			101,200	A	12.1296		4,761,807		D & I	(2)
Common Stock		08/11/2000		S			5,500	D	12.9432		4,761,807		D & I	(2)
Common Stock		08/11/2000		P			15,000	A	11.3917		6,820,391		I	(3)
Common Stock		08/11/2000		P			19,500	A	11.7424		6,820,391		I	(3)
Common Stock		08/11/2000		P			45,000	A	12.4379		6,820,391		I	(3)
Common Stock		08/14/2000		P			10,000	A	12.00		4,761,807		D & I	(2)
Common Stock		08/14/2000		P			15,050	A	11.6556		4,761,807		D & I	(2)
Common Stock		08/14/2000		P			1,000	A	11.50		4,761,807		D & I	(2)
Common Stock		08/14/2000		P			7,500	A	12.00		4,761,807		D & I	(2)
Common Stock		08/14/2000		P			10,000	A	11.625		6,820,391		I	(3)
Common Stock		08/15/2000		P			15,000	A	11.25		4,761,807		D & I	(2)
Common Stock		08/15/2000		P			10,400	A	11.2169		4,761,807		D & I	(2)
Common Stock		08/15/2000		P			93,800	A	11.2192		4,761,807		D & I	(2)
Common Stock		08/15/2000		P			5,000	A	10.625		4,761,807		D & I	(2)
Common Stock		08/15/2000		P			3,000	A	11.50		4,761,807		D & I	(2)
Common Stock		08/16/2000		P			15,000	A	11.0625		4,761,807		D & I	(2)
Common Stock		08/16/2000		P			13,500	A	11.375		4,761,807		D & I	(2)
Common Stock		08/16/2000		P			5,000	A	11.125		4,761,807		D & I	(2)
Common Stock		08/16/2000		P			131,400	A	11.5675		4,761,807		D & I	(2)
Common Stock		08/16/2000		P			1,000	A	11.25		4,761,807		D & I	(2)
Common Stock		08/16/2000		S			15,000	D	11.00		4,761,807		D & I	(2)
Common Stock		08/16/2000		S			55,700	D	11.5945		4,761,807		D & I	(2)
Common Stock		08/16/2000		S			13,500	D	11.3125		4,761,807		D & I	(2)
Common Stock		08/17/2000		P			52,500	A	11.6623		4,761,807		D & I	(2)
Common Stock		08/17/2000		P			28,300	A	11.7997		4,761,807		D & I	(2)
Common Stock		08/17/2000		S			13,100	D	11.937		6,820,391		I	(3)
Common Stock		08/17/2000		P			19,100	A	11.716		6,820,391		I	(3)
Common Stock		08/18/2000		P			2,000	A	11.97		6,820,391		I	(3)
Common Stock		08/18/2000		P			4,800	A	11.6191		4,761,807		D & I	(2)
Common Stock		08/18/2000		P			16,500	A	11.9439		4,761,807		D & I	(2)
Common Stock		08/18/2000		P			5,000	A	11.125		6,820,391		I	(3)
Common Stock		08/21/2000		P			13,900	A	12.0572		4,761,807		D & I	(2)
Common Stock		08/21/2000		P			2,700	A	11.875		4,761,807		D & I	(2)
Common Stock		08/21/2000		P			3,600	A	12.0556		4,761,807		D & I	(2)
Common Stock		08/22/2000		P			10,000	A	11.8438		4,761,807		D & I	(2)
Common Stock		08/22/2000		P			8,500	A	11.8515		4,761,807		D & I	(2)
Common Stock		08/22/2000		P			4,800	A	11.8047		4,761,807		D & I	(2)
Common Stock		08/22/2000		P			5,000	A	12.00		4,761,807		D & I	(2)
Common Stock		08/23/2000		P			9,400	A	11.8511		4,761,807		D & I	(2)
Common Stock		08/25/2000		P			1,100	A	11.6875		4,761,807		D & I	(2)
Common Stock		08/28/2000		P			7,500	A	11.63		6,820,391		I	(3)
Common Stock		08/28/2000		S			7,500	D	11.56		42,300		D	(4)
Common Stock		08/28/2000		P			4,000	A	11.125		4,761,807		D & I	(2)
Common Stock		08/28/2000		P			25,300	A	11.1729		4,761,807		D & I	(2)
Common Stock		08/28/2000		P			19,800	A	11.1983		4,761,807		D & I	(2)
Common Stock		08/28/2000		P			6,000	A	11.3177		6,820,391		I	(3)
Common Stock		08/28/2000		P			7,500	A	11.125		6,820,391		I	(3)
Common Stock		08/29/2000		P			20,000	A	11.1875		4,761,807		D & I	(2)
Common Stock		08/29/2000		P			7,000	A	10.9848		4,761,807		D & I	(2)
Common Stock		08/29/2000		P			10,000	A	11.00		4,761,807		D & I	(2)
Common Stock		08/29/2000		P			3,400	A	11.0938		4,761,807		D & I	(2)
Common Stock		08/29/2000		P			2,500	A	11.1875		6,820,391		I	(3)
Common Stock		08/29/2000		P			2,500	A	11.1875		6,820,391		I	(3)
Common Stock		08/29/2000		P			10,000	A	10.9375		6,820,391		I	(3)
Common Stock		08/30/2000		P			4,300	A	10.8125		6,820,391		I	(3)
Common Stock		08/31/2000		P			10,000	A	11.4375		4,761,807		D & I	(2)
Common Stock		08/31/2000		P			7,500	A	11.0625		4,761,807		D & I	(2)
Common Stock		08/31/2000		P			40,000	A	11.3021		6,820,391		I	(3)
Common Stock		08/31/2000		P			10,000	A	11.44		4,761,807		D & I	(2)
Common Stock		08/31/2000		P			144,000	A	11.22		4,761,807		D & I	(2)
Common Stock		08/31/2000		P			21,800	A	11.21		4,761,807		D & I	(2)
Common Stock		09/01/2000		S			20,000	D	11.8125		4,761,807		D & I	(2)
Common Stock		09/01/2000		S			92,600	D	11.375		4,761,807		D & I	(2)
Common Stock		09/01/2000		S			70,000	D	11.375		6,820,391		I	(3)
Common Stock		09/01/2000		P			10,000	A	11.5938		6,820,391		I	(3)
Common Stock		09/01/2000		P			1,800	A	11.5347		6,820,391		I	(3)
Common Stock		09/01/2000		P			162,600	A	11.44		4,761,807		D & I	(2)
Common Stock		09/01/2000		P			20,000	A	11.81		4,761,807		D & I	(2)
Common Stock		09/05/2000		P			25,700	A	10.9504		4,761,807		D & I	(2)
Common Stock		09/05/2000		P			13,100	A	11.0138		4,761,807		D & I	(2)
Common Stock		09/06/2000		P			8,000	A	10.9285		4,761,807		D & I	(2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Persons who respond to the collection of information contained (Over)
in this form are not required to respond unless the form displays SEC 1474 (3-00)

a currently valid OMB control number.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of
Derivative Security
(Instr. 4)

2. Conver-
sion or
Exercise
Price of
Deri-
vative
Security

3. Trans-
action
Date

(Month/
Day/
Year)

4. Trans-
action
Code
(Instr. 8)

5. Number of Deriv-
ative Securities Ac-
quired (A) or Dis-
posed of (D)
(Instr. 3, 4, and 5)

6. Date Exer-
cisable and
Expiration
Date
(Month/Day/
Year).

7. Title and Amount of Securities
Underlying
Derivative Security
(Inst. 4)

8. Price
of
Deriv-
ative
Secur-
ity
(Instr.
5)

9. Number
of deriv-
ative
Secur-
ities
Bene-
ficially
Owned
at End
of
Month
(Instr. 4)

10. Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D) or
Indirect
(I)
(Instr. 4)

11. Nature of Indirect
Beneficial Ownership
(Instr. 5)

Code

(A)

(D)

Date
Exer-
cisable

Expira-
tion
Date

Title

Amount or
Number of
Shares

Explanation of Responses:

The reporting persons consist of (i) Brookhaven Capital Management, LLC ("BCM"), a registered investment adviser and general partner of investment limited partnerships; (ii) Watershed Partners, L.P. ("Watershed"), an investment limited partnership of which BCM is the general partner, and (iii) Vincent A. Carrino ("Carrino"), the sole manager and majority member of BCM. BCM and Carrino constitute a group as defined by Rule 13d-5(b)(1) and Rule 16a-1(a)(1) under the Exchange Act. Watershed is filing jointly and disclaims membership in a group.

These securities are owned directly by Watershed and indirectly by BCM and Carrino.

These securities are owned by an investment advisory client of BCM.

These securities are owned directly by Carrino.

These securities are owned indirectly by Carrino through an account (other than a BCM client account) over which he has dispositive control.

Each reporting person disclaims beneficial ownership of the securities with respect to which indirect beneficial ownership is reported except to the extent of such reporting person's pro rata pecuniary interest therein.

Securities owned at September 30, 2000.

Brookhaven Capital Management, LLC

By: /s/ Vincent A. Carrino, Manager______________________________________ October 18, 2000

**Signature of Reporting Person Date

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Joint Filer Information:

Name: Watershed Partners, L.P.

Address: 3000 Sandhill Road, Bldg. 3, Suite 105, Menlo Park, CA, 94025

Designated Filer: Brookhaven Capital Management, LLC

Issuer and Ticker Symbol: New Century Financial Corp. (NCEN)

Statement for Month/Year: January - September 2000

Signature: Watershed Partners, L.P.

By: Brookhaven Capital Management, LLC, General Partner

By: /s/ Vincent A. Carrino, Manager

Name: Vincent A. Carrino

Address: 3000 Sandhill Road, Bldg. 3, Suite 105, Menlo Park, CA, 94025

Designated Filer: Brookhaven Capital Management, LLC

Issuer and Ticker Symbol: New Century Financial Corp. (NCEN)

Statement for Month/Year: January - September 2000

Signature: /s/ Vincent A. Carrino