<TABLE> <C> <C>
Name of Issuer Class Cusip FMV Shares S|Sh-Ins V|Sh-O Mgrs. S|S|None
CASH Common 0 0X X
CONVERTIBLE BOND ACC Common 0 713,884X X
CNET 5% 03/01/06 Common 1,478,700 1,060,000X X
ADRIEN ARPEL INC. Common 1,308 4,187X X
AVALON HOLDINGS CORP Common 68,197 11,249X X
LTC HEALTCARE INC. Common 2,207 1,070X X
PHILLIPS PETE Common 33,075 700X X
TOWER REALTY Common 132,563 7,000X X
VIDEO CITY INC Common 223 125X X
VALLEY NATIONAL BANC Common 15,113 600X X
AAR CORP Common 00036110 827,551 46,459X X
AES 5 1/2% 9/30/12 R Prefer 001034305 3,133,480 72,200X X
AGCO Common 001084102 216,563 33,000X X
AES CORP Common 00130H105 70,030 1,880X X
AMERICAN TEL & TELEG Common 001957109 4,764,008 59,690X X
APRIA HLT 9 1/2% 11- Conver 002786AB7 980,000 1,000,000X X
ABBOTT LABS Common 00282410 1,375,819 29,390X X
ADAPTEC INC Common 00651F108 2,281 100X X
AETNA CAPITAL 9.5% P Common 008095200 11,728 450X X
ACS 4% 3/15/05 Conver 008190AD2 3,522,180 2,820,000X X
AFFILLIATED MANAGERS Common 008252108 231,920 8,920X X
AGNCO EGL 3 1/2% 1-2 Common 008474AA6 412,500 625,000X X
AGOURON Common 008488108 475,691 8,410X X
AIR TOUCH Common 00949T100 463,800 4,800X X
ALASKA AIR GROUP Common 011659109 1,021,250 21,500X X
ALLMERICA FINANCIAL Common 019754100 27,531 500X X
ALLTEL Common 020039103 18,713 300X X
AMAZON.COM INC. Common 023135106 43,047 250X X
AMAZON 4 3/4% 2/1/09 Common 023135AD8 3,352,250 2,650,000X X
AMBAC FINANCIAL Common 023139108 347,760 6,440X X
AMERICAN ON-LINE Common 02364J104 474,500 3,250X X
AMERICA WEST Common 023657208 1,090,280 57,195X X
AMERICAN EXPRESS CO Common 025816109 2,179,038 18,545X X
AMERICAN HOME PRODS Common 026609107 32,625 500X X
AMERICAN INTL GROUP Common 026874107 1,708,171 14,161X X
AMERICAN STD COMPANI Common 029712106 390,156 11,350X X
AMERICAN STORES Common 03009610 745,800 22,600X X
AMGEN INC Common 031162100 690,348 9,220X X
AMKOR 5.75% 5/1/03 Conver 031652AA8 2,135,000 2,500,000X X
ANHEUSER BUSCH COS I Common 03522910 2,327,147 30,545X X
ANTEC 4.5% 5/15/03 R Conver 03664PAB1 1,651,500 1,500,000X X
APPLE COMPUTER INC Common 037833100 422,625 11,760X X
APPLIED MATERIALS Common 038222105 995,945 16,145X X
ARGOSY GAMING 12% 6/ Conver 040228AB4 1,058,000 1,000,000X X
ASARCO INC Common 04341310 549,381 39,955X X
ASCEND COMMUNICATION Common 043491109 560,706 6,700X X
AZPN 5.25% 6/15/05 R Conver 045327AB9 637,500 1,000,000X X
ELAN 4.75 11/15/04 R Conver 046854AB1 4,924,780 4,060,000X X
ATLAS AIR Common 049164106 1,348,195 46,792X X
BANK NEW YORK INC Common 06405710 642,023 17,865X X
BANC ONE CORP Common 06423A103 36,837 669X X
BANKAMERICA CORP Common 06605F102 88,988 1,260X X
BARRICK GOLD Common 067901108 22,181 1,300X X
BAXTER TRAVENOL LABS Common 071813109 649,440 9,840X X
BE AEROSPACE INC Common 073302101 939,723 63,710X X
BEAR STEARNS Common 073902108 620,933 13,895X X
BELL ATLANTIC Common 077853109 1,293,480 25,025X X
BELLSOUTH CORP Common 07986010 618,365 15,435X X
BIG FLOWER PFD 6% 14 Prefer 089164206 5,304,390 87,100X X
BIOGEN INC Common 090597105 620,145 5,425X X
BLOCK H & R INC Common 09367110 443,667 9,365X X
BOEING CO Common 097023105 2,532,416 74,210X X
BOLLE INC. Common 097937106 957 333X X
BRIGHTPOINT 0% 3-11- Common 109473AC2 365,250 1,500,000X X
BRISTOL MYERS CO Common 110122108 2,795,664 43,470X X
BROUGHTON FOODS Common 114838303 143,000 13,000X X
BUDGET 6.25% 144A & Prefer 119001303 211,478 5,850X X
CBS CORP. Common 12490K107 28,656 700X X
CDW COMPUTER CENTERS Common 125129106 415,725 6,025X X
CFS BANCORP Common 12525D102 437,010 41,620X X
CKE REST 4 1/4% 3-12 Common 12561EAB1 988,800 1,280,000X X
CAL ENEGRY 6 1/2% PF Prefer 12946N309 5,491,950 123,000X X
CAMPBELL SOUP CO Common 13442910 0 0X X
CAPITAL AUTO REIT Common 139733109 62,188 5,000X X
CAPITAL ONE FINANCIA Common 14040H105 2,650,050 17,550X X
CARR-GOTTSTEIN Common 14441E107 424,781 34,500X X
CENTERPOINT PRPTYS C Common 151895109 15,625 500X X
CENTRAL GARDEN 6% 11 Conver 153527AC0 2,513,120 2,780,000X X
CHASE MANHATTAN NEW Common 16161A108 2,443,034 30,045X X
CHASE MANHATTAN Common 16161A306 11,756 450X X
CHEVRON Common 16675110 1,088,223 12,305X X
CQB PRF 3.75 Prefer 170032502 1,955,078 43,750X X
CISCO SYSTEMS Common 17275R102 1,451,703 13,250X X
CITIGROUP (NEW) Common 172967101 2,133,425 33,400X X
COASTAL CORP Common 19044110 296,340 8,980X X
COCA-COLA COMPANY Common 191216100 1,208,781 19,695X X
COHOES BANCORP Common 192513109 93,416 8,950X X
COLGATE PALMOLIVE CO Common 19416210 1,968,340 21,395X X
COLONIAL BANK Common 195493309 1,260 105X X
COLT INDS INC Common 196879100 181,875 10,000X X
COLUMBIA ENERGY GROU Common 19764810 656,260 12,560X X
COMAIR HLDG Common 199789108 791,367 33,497X X
COMCAST CORP CLASS A Common 200300200 1,337,737 21,255X X
COMMERCIAL FED Common 201647104 858 37X X
COMMONWEALTH BANCORP Common 20268X102 72,900 4,800X X
COMPAQ COMPUTER Common 204493100 573,987 18,114X X
COMPUTER ASSOCIATES Common 204912109 617,898 17,375X X
COMVERSE TECH Common 205862402 2,975 35X X
COMVERSE 4 1/2% 7/1/ Common 205862AG0 3,600,025 2,470,000X X
CONAGRA INC Common 205887102 465,621 18,215X X
CONCENTRA 4 1/2% 3-1 Common 20589TAC7 929,000 1,000,000X X
CONSOLIDATED EDISON Common 209111103 529,023 11,675X X
CONVERSION INDUS (NE Common 21254K203 2 400X X
ADOLPH COORS (NEW) Common 217016104 575,100 10,650X X
CREDENCE 5.25% 9/15/ Conver 225302AC2 780,000 1,000,000X X
CUMMINS ENGINE INC Common 231021106 430,306 12,100X X
CYMI 3 1/2% 8-6-04 R Common 232572AC1 917,700 1,150,000X X
DR HORTON Common 23331A109 587,088 35,050X X
DAYTON HUDSON CORP Common 23975310 53,300 800X X
DELL COMPUTERS Common 247025109 1,989,386 48,670X X
DIAL Common 25247D101 1,952,500 56,800X X
DIAMOND OFFSHORE Common 25271C102 15,338 485X X
DIME BANCORP Common 25429Q102 406,593 17,535X X
DISNEY WALT PRODTNS Common 25468710 1,709,541 54,925X X
DOLLAR GENERAL Common 256669102 68 2X X
DLJ SECURITIES Common 257661108 167,400 2,400X X
DCLK 4.75% 3/15/06 1 Common 258609AA4 1,326,060 1,060,000X X
DU PONT E I DE NEMOU Common 26353410 563,787 9,710X X
DUKE PWR CO Common 264399106 933,814 17,095X X
DYNATECH CORP. NEW Common 268140100 12,045 3,504X X
ENSCO INTL Common 26874Q100 26,625 2,000X X
EVI 5% PFD REGISTERE Prefer 268939402 3,340,100 105,200X X
ENRON CORP Common 293561106 924,236 14,385X X
ENRON OIL & GAS CO. Common 293562104 462,923 27,845X X
EQUITY RESIDENTIAL Common 29476L107 1,290,713 31,290X X
EUROTUNNELL ADR Common 298799305 4,000 2,000X X
EXXON CORP Common 30229010 3,000,318 42,520X X
FAMILY DLR STORES IN Common 30700010 23,000 1,000X X
FED MOGUL 7% PFD, RE Conver 313552408 5,543,360 101,900X X
FEDERAL NATL MTG ASS Common 313586109 3,432,030 49,560X X
FEDERATED INVESTORS Common 314211103 637,654 35,060X X
FERRO CORP Common 315405100 361,474 14,605X X
FINANCIAL SECURITY A Common 31769P100 397,744 8,015X X
FINOVA GROUP Common 317928106 241,997 4,665X X
FIRST UNION CORP Common 33735810 962,409 18,010X X
FLEMING COS INC Common 33913010 194,155 22,675X X
FLM 10.625% 12/15/01 Conver 339130AD8 1,027,500 1,000,000X X
OCN ENRGY 9 3/4% 10- Common 34039CAB3 721,000 700,000X X
FORD MTR CO DEL Common 34537010 1,564,314 27,565X X
FORE SYSTEMS Common 345449102 52,938 2,800X X
FOXBORO CO Common 35160410 203,438 7,500X X
FRONTIER CORP. Common 35906P105 207,500 4,000X X
GENERAL PUBLIC UTILI Common 36225X100 186,749 5,005X X
GTE CORP Common 36232010 1,223,310 20,220X X
GENCORP Common 368682100 292,500 16,250X X
GENERAL DYNAMICS COR Common 36955010 1,103,173 17,170X X
GENERAL ELEC CO Common 36960410 3,758,484 33,975X X
GENERAL NUTRITION Common 37047F103 1,400 100X X
GENZYM 5 1/4% 6-1-05 Conver 372917AF1 3,883,320 2,680,000X X
GEORGIA PAC CORP Common 37329810 1,236,263 16,650X X
GEORGIA PACIFIC TIMB Common 373298702 16,267 725X X
GILLETTE Common 375766102 1,549,536 26,070X X
GLAXO HOLDINGS Common 37733W105 1,961,269 29,300X X
GSTRF 11 1/2% 6-1-05 Common 379363AR5 598,500 950,000X X
GREENPOINT Common 395384100 1,019,913 29,350X X
GULFSTREAM AEROSPACE Common 402734107 33,399 770X X
HMTT 5 3/4% 1-15-04 Common 403917AD9 371,000 800,000X X
HUBCO Common 404382103 20,138 600X X
HALLIBURTON CO Common 40621610 749,788 19,475X X
HARTFORD LIFE Common 416592103 334,400 6,080X X
HEALTHSOUTH CO. Common 421924101 327,176 31,535X X
HEALTH SOUTH 3 1/4 R Common 421924AF8 405,500 500,000X X
HOME DEPOT Common 43707610 2,684,531 43,125X X
HOST MARRIOT Common 441078102 309,831 27,850X X
HOUSEHOLD INTL INC Common 44181510 761,253 16,685X X
HUSSMANN INTL. Common 448110106 671,219 45,700X X
HUTCHINSON T 6% 2005 Conver 448407AA4 43,880 40,000X X
IMPERIAL CREDIT Common 452556103 148,542 8,674X X
INFINITY BROADCASTIN Common 45662S102 552,338 21,450X X
INGERSOLL RAND CO Common 45686610 580,613 11,700X X
INGRAM MICRO 0% 6/9/ Conver 457153AB0 417,300 1,300,000X X
INSILCO Common 457659704 6,995 293X X
IPEC 6.25% 9/14/04 R Conver 45812KAD0 745,000 1,000,000X X
INTEL CORP Common 458140100 3,853,098 32,345X X
INTERIM SRV 4.25% 6/ Conver 45868PAA8 930,000 1,200,000X X
INTERMEDIA COM Common 45880126 985 37X X
INTERMEDIA 7% SERIES Prefer 458801834 2,096,000 80,000X X
INT'L BUSINESS MACHI Common 459200101 3,791,378 21,390X X
INTERNATIONAL PAPER Common 46014610 1,303,383 30,895X X
INTERNATIONAL RECTIF Common 46025410 35,000 5,000X X
IRIDIUM 11 1/4% 7-15 Common 462691AA4 410,000 1,000,000X X
ISPAT INTERNATIONAL Common 464899103 243,020 32,675X X
JACOR COMMUNICATIONS Common 469858401 76,000 1,000X X
JOHNSON & JOHNSON Common 478160104 1,837,212 19,610X X
K MART CORP Common 482584109 32,953 1,960X X
KANSAS CITY SOUTHN I Common 48517010 114,000 2,000X X
KAUFMAN & BROAD HOME Common 486168107 1,120,341 49,655X X
KEYCORP Common 493267108 21,219 700X X
KIMBERLY CLARK CORP Common 49436810 1,496,848 31,225X X
K-MART 7 3/4% PFD T Common 498778208 2,585,165 42,730X X
KNIGHT TRIMARK Common 499067106 255,940 3,820X X
LTV CORP Common 501921100 293,556 54,615X X
L-3 COMMUNICATIONS Common 502424104 880,369 19,035X X
LEHMAN BROTHERS Common 524908100 850,243 14,230X X
LENNAR CORP Common 52605710 22,375 1,000X X
LEXMARK INTL GRP Common 529771107 500,640 4,480X X
LIBERTY FINANCIAL Common 530512102 24 1X X
LIGAND PHARMA Common 53220K207 15,556 1,900X X
LILLY ELI & CO Common 532457108 2,090,047 24,625X X
LITTON INDS INC Common 53802110 378,063 6,575X X
LOCKHEED MARTIN Common 539830109 651,994 17,300X X
LOEWS CRP 3.125% 9-1 Conver 540424AL2 4,235 5,000X X
LONGIS PWR 4 1/4% 4- Common 542690JA1 199,406 200,000X X
LOUISIANA PAC CORP Common 54634710 705,422 37,875X X
LUCENT TECHNOLOGIES Common 549463107 1,505,806 13,975X X
MCORP Common 55267M10 28,125 2,000X X
MCI/WORLDCOM Common 55268B106 2,361,253 26,662X X
MFS CHARTER INCOME T Common 552727109 12,350 1,300X X
MAIL-WELL 5% 11-1-20 Conver 560321AD3 120,125 125,000X X
MAXTOR CORP Common 577729205 4,944 700X X
MAYTAG CO Common 57859210 606,769 10,050X X
MCDONALDS CORP Common 580135101 2,400,656 52,980X X
MEDIAONE GROUP Common 58440J104 38,100 600X X
MEDITRUST Common 58501T306 6,219 500X X
MEDITRUST 7.5% 3/1/0 Conver 58501TAC2 965,000 1,000,000X X
MEDTRONIC INC Common 58505510 447,361 6,235X X
MERCK & CO INC Common 589331107 3,720,299 46,395X X
MEREDITH CORP Common 58943310 764,088 24,305X X
MERRILL LYNCH & CO I Common 590188108 117,622 1,330X X
MERRILL LYNCH Common 590188819 13,866 450X X
MESA AIRLINES Common 590479101 291,094 46,575X X
FRED MEYER Common 592907109 594,638 10,100X X
MICROSOFT CORP. Common 594918104 5,111,314 57,030X X
MICROCELL INITIAL WA Common 59501T114 32,000 2,000X X
MICRON 7% 7/1/04 REG Conver 595112AB9 4,551,820 4,270,000X X
S&P MIDCAP 400 SPDRS Common 595635103 802,433 11,640X X
MOBIL CORP Common 60705910 440 5X X
MONTANA PWR CO Common 61208510 1,167,069 15,865X X
MORGAN J P & CO INC Common 616880100 256,003 2,075X X
MORGAN STANLEY DEAN Common 617446448 387,258 3,875X X
MOTOROLA INC DEL Common 620076109 2,408,460 32,880X X
NABOR INDUSTRIES Common 629568106 549,990 30,240X X
NEWPORT NEWS SHPBLDG Common 652228107 1,521,000 48,000X X
NEWS CORP Common 652487703 784,700 26,600X X
NEXTEL COMMUN. Common 65332V103 54,938 1,500X X
99CENTS ONLY STORES Common 65440K106 33,144 781X X
NOKIA CORP ADR Common 654902204 1,308,300 8,400X X
NORTH AMERICAN PALLA Common 656912102 750 1,000X X
NORTHROP CORP Common 66680710 1,370,838 22,895X X
OCCEL WARRANTS 3-15- Common 674608112 34,000 2,000X X
OMNICARE 5% 12-01-07 Conver 681904AB4 92,690 115,000X X
ORACLE SYSTEMS Common 68389X105 73,771 2,797X X
PNC BANK CORP. Common 693475105 1,149,033 20,680X X
PACCAR INC Common 693718108 816,542 19,825X X
PAINE WEBBER INC Common 69562910 1,323,053 33,180X X
PEAK TRENDS TRUST Common 70468N107 77,963 18,900X X
PENN TREATY 6.25% 12 Conver 707874AC7 58,190 55,000X X
PEOPLES HERITAGE Common 711147108 77,400 4,300X X
PEPSICO INC Common 713448108 2,281,300 58,215X X
PGA 5 3/4% 7-1-04 RE Conver 715338AE9 1,722,700 2,300,000X X
PFIZER INC Common 71708110 1,565,794 11,285X X
PHILIP MORRIS INC Common 718154107 1,691,287 48,065X X
PHOTRONICS 6% 6-1-04 Conver 719405AA0 68,775 70,000X X
PITNEY BOWES INC Common 72447910 2,105,344 33,025X X
PLATINUM 6 1/4% 12-1 Conver 72764TAD3 950,000 1,000,000X X
PRECISION CAST PARTS Common 740189105 458,850 11,400X X
PRIME HOSPITALITY Common 741917108 517,157 52,041X X
PROCTER & GAMBLE CO Common 742718109 2,217,795 22,645X X
PROVIDIAN FIN'L Common 74406A102 33,000 300X X
PULTE CORP Common 745867101 492,944 23,685X X
QUALCOM 5.75 PFD REG Prefer 74752R402 8,742,603 96,550X X
QUANTUM CORP. Common 747906105 636,570 35,365X X
QUANTUM 7% 8-1-04 Common 747906AC9 785,425 890,000X X
RATHEON CLA A (NEW) Common 755111309 231 4X X
READRITE 6.5 9/04 RE Conver 755246AA3 591,000 1,000,000X X
RISCORP. INC. CL A Common 767597107 65,625 50,000X X
RITE AID 5.25% 9/15/ Conver 767754AL8 4,439,820 4,340,000X X
ROSLYN BANCORP Common 778162107 261,900 15,520X X
ROWAN COS INC Common 779382100 321,438 25,335X X
ROYAL DUTCH PETE CO Common 780257804 1,241,240 23,870X X
SOUTHWESTERN BELL Common 78387G103 1,960,400 41,600X X
SEI INVESTMENTS Common 784117103 234,488 2,535X X
SAFESKIN CORP. Common 786454108 546,656 73,500X X
SAFEWAY Common 786514208 2,262,625 44,095X X
FIN SEC 7 5/8% 5/15/ Prefer 79549B800 1,050,000 25,000X X
SANMINA HOLDINGS Common 800907107 429,675 6,740X X
SCHERING PLOUGH CORP Common 80660510 1,169,306 21,140X X
SCHLUMBERGER LTD Common 80685710 217,277 3,610X X
SEACOAST FINCL Common 81170Q106 75,544 7,650X X
SEALED AIR CORP Common 81211K100 24,594 500X X
SEALED AIR $2 PFD Prefer 81211K209 4,379,130 88,200X X
SEPRACOR 6 1/4% 2/15 Conver 817315AE4 529,330 215,000X X
SEPRACOR 7% 12/15/05 Conver 817315AF1 1,852,800 1,600,000X X
SHOPKO STORES Common 824911101 510,863 17,100X X
SIMPSON MFG Common 829073105 777,831 19,325X X
SOCIETE NAT Common 833658404 72,361 1,075X X
SOLUTIA INC. Common 834376105 1,418,669 81,650X X
SONY Common 83569930 13,697 150X X
SOUTHWEST AIRLS CO Common 84474110 648,046 21,423X X
STAPLES Common 855030102 1,097,696 33,390X X
SUIZA 5.5% REGISTERE Prefer 86507G408 4,701,930 138,700X X
SUMMIT BANCORP Common 866005101 19,500 500X X
SUN MICROSYSTEMS Common 866810104 628,439 5,025X X
SUPERIOR TELECOM Common 868365107 1,642 87X X
SYNOPSIS Common 871607107 364,963 6,790X X
TALBOTS Common 874161102 464,344 19,050X X
TEXACO INC Common 881694103 976,384 17,205X X
TEXAS INSTRS INC Common 88250810 1,768,635 17,820X X
TIME WARNER Common 887315109 1,208,063 17,000X X
TOSCO 5.75% 144A PFD Prefer 891491409 4,176,880 87,200X X
TOWER AUTO 6.75 PFD Prefer 891706202 5,478,075 125,500X X
TRANSOCEAN OFFSHORE Common 893817106 821,444 28,510X X
TRIARC (TRY) 0% 2-09 Common 895927AB7 452,600 2,000,000X X
TRIZEC HAHN CORP. Common 896938107 919 50X X
TZ AXTECA Common 901145102 6,250 1,000X X
TYCO INTL LTD. Common 902124106 25,113 350X X
USX MARATHON GROUP Common 90290582 1,044,588 37,985X X
UNION CARBIDE CORP Common 905581104 751,242 16,625X X
UNP 6 1/4% 4-1-28 PF Common 907824403 2,167,025 42,700X X
UNION BANCAL Common 908906100 452,691 13,290X X
UNISYS CORP Common 909214108 849,591 30,685X X
URI 6 1/2% 8/1/28 RE Prefer 91136H306 4,300,475 96,100X X
U S AIR GROUP INC Common 91190510 215,507 4,415X X
VARIAN ASSOC INC Common 92220410 255,750 6,600X X
VIA WTS 7-7-1999 Common 925524134 2,048 129X X
VIACOM CL B Common 925524308 1,356,262 16,158X X
VITESSE SEMICONDUCTO Common 928497106 224,016 4,425X X
WMS INDUSTRIES Common 92929710 153,750 20,000X X
WAL MART STORES INC Common 93114210 3,489,758 37,855X X
WARNER LAMBERT CO Common 93448810 1,494,845 22,585X X
USA WASTE 4% 2-1-02 Common 94106LAA7 5,035,125 4,350,000X X
WEATHERFORD INTL. (N Common 947074100 114,297 4,375X X
FIRST WESTERN BANCOR Common 957683105 94,359 3,050X X
WDC 0% 2/18/18 REG'D Conver 958102AH8 205,000 1,000,000X X
WHOLE FOODS MARKET I Common 966837106 5,156 150X X
WHOLE FOODS 0% 3/2/1 Conver 966837AC0 662,000 2,000,000X X
WICKES 11.625% 12-15 Conver 967446AA3 249,000 300,000X X
WILLIAMS COS Common 96945710 945,591 23,939X X
WINSTAR COMMUNICATIO Common 975515107 14,538 400X X
WINSTAR COMM 6% PFD Prefer 975515602 3,951,503 99,284X X
WISCONSIN CENTRAL TR Common 976592105 195,173 14,730X X
WRC 6% 10/1/07 Conver 981443AA2 3,196,800 3,600,000X X
WYMAN GORDON Common 983085101 223,156 24,125X X
XILINX INC Common 983919101 24,338 600X X
XEROX CORP Common 984121103 2,246,287 42,085X X
YAHOO Common 984332106 176,794 1,050X X
DAIMLER-CHRYSLER (NE Common D1668R123 2,772,344 32,307X X
DIAMOND SHAMROCK OFF Common DSP 342,503 21,575X X
GLOBALSTAR Common G3930H104 421,245 30,360X X
LORAL SPACE & COMM. Common G56462107 254,244 17,610X X
LORAL PFD 6% REGISTE Prefer G56462149 4,602,250 102,500X X
SANTA FE INT'L Common G7805C108 330,021 17,660X X
GALILEO TECH LTD (NE Common M47298100 576,225 19,700X X
NEW HOLLAND Common N62648105 349,525 34,100X X
Total Value of Shares 342,889,806
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