<TABLE> <C> <C> <C>
Name of Issuer Class Cusip FMV Shares S|Sh-I V|Sh-O Mgrs S|Sh|N
CASH Common 0 0X X
CONVERTIBLE BOND ACC Conver 0 474,398X X
VAN KAMPEN EMERGING Common 84,754 845X X
VAN KAMPEN PACE FD C Common 28,338 2,049X X
CITIGROUP (NEW) Common 8,783 175X X
CONVERSION INDUS Common 0 400X X
EUROTUNNELL ADR Common 4,400 2,000X X
PUTNAM GEORGE FUND O Common 16,240 1,015X X
NOKIA CORP ADR Common 7,788 50X X
FRONTLINE CAPITAL Common 924,000 21,000X X
MENS WEARHOUSE Common 14,368 485X X
ZWEIG TOTAL RETURN F Common 13,875 2,000X X
AAR CORP Common 00036110 22,945 1,375X X
AES 5 1/2% 9/30/12 R Common 001034305 4,940,238 68,200X X
AGCO Common 001084102 270,441 23,775X X
AES CORP Common 00130H105 54,338 690X X
AMC ENTERTAINMENT Common 001669100 4,936 975X X
AMR CORP DEL Common 001765106 1,257,788 39,460X X
AMERICAN TEL & TELEG Common 001957109 3,328,088 59,166X X
AVX CORP Common 002444107 1,066,682 14,070X X
ABBOTT LABS Common 002824100 20,057 570X X
ABN AMRO 7.5 PFD Common 00371Q202 126,375 6,000X X
ABITIBI Common 003924107 4,925 515X X
ADAPTEC INC Common 00651F108 3,863 100X X
ADLAC 5.5% SERIES D Common 006848402 919,872 6,000X X
ADVANCED FIBRE Common 00754A105 981,373 15,655X X
AES PR C 6.75% 10/15 Common 00808N202 1,282,500 20,000X X
AETH 6% 3/22/05 Conver 00808VAA3 2,584,219 2,775,000X X
ACS 4% 3/15/05 Conver 008190AD2 3,384,941 3,245,000X X
AGILENT TECH Common 00846U101 20,800 200X X
ALASKA AIR GROUP Common 011659109 13,228 440X X
ALCOA INC. Common 013817101 1,405 20X X
ALKS 3.75% 2/15/07 R Conver 01642TAB4 1,415,250 1,700,000X X
ALL AMERICAN SEMI Common 016557407 1,375 100X X
ALLMERICA FINANCIAL Common 019754100 693,600 13,600X X
ALLTEL Common 020039103 18,919 300X X
AMERICA ONLINE Common 02364J104 1,961,010 29,160X X
AMERICAN EXPRESS CO Common 025816109 2,647,364 17,775X X
AMER FINL HLDGS Common 026075101 410,125 34,000X X
AMERICAN INTL GROUP Common 026874107 3,313,361 30,259X X
AMERICAN TOWER CORP Common 029912201 1,098,841 22,255X X
AMT 5% 2/15/10 144A Conver 029912AE2 560,938 500,000X X
AMERIN CORP Common 03070X106 11,663 435X X
AMGEN INC Common 031162100 9,820 160X X
AMKR 5% 3/15/07 144A Conver 031652AF7 556,875 500,000X X
ANALOG DEVICES INC Common 032654105 1,104,512 13,710X X
ANHEUSER BUSCH COS I Common 035229103 2,730,285 43,860X X
ANIXTER INTL (ITEL C Common 035290105 8,641 310X X
APACHE CORP Common 037411105 1,050,969 21,125X X
APPLE COMPUTER INC Common 037833100 103,218 760X X
APPLIED MATERIALS Common 038222105 1,144,572 12,144X X
ARROW ELECTRS INC Common 042735100 1,033,530 29,320X X
ARVIN INDS INC Common 043339100 979,210 43,280X X
ASHLAND OIL INC Common 044204105 4,013 120X X
AT HOME Common 045919107 15,151 460X X
ATHM 4.75% 12/15/06 Conver 045919AD9 1,023,438 1,250,000X X
ATLAS AIR Common 049164106 1,522,050 55,600X X
AUTOMATIC SEC EXC Common 05300A202 1,716,541 212,700X X
AUTOMATIC DATA PROCE Common 053015103 9,650 200X X
AVIS RENT-A-CAR Common 053790101 6,962 395X X
AVISTA CORP Common 05379B107 51,141 1,255X X
AZTEC TECHNOLOGY Common 05480L101 5,977 750X X
BJ SERVICES Common 055482103 706,614 9,565X X
BALL CORP Common 058498106 980,365 28,365X X
BANKAMERICA CORP (NE Common 060505104 29,365 560X X
BANK NEW YORK INC Common 064057102 274,313 6,600X X
BANK OF TOKYO MITSUB Common 065379109 42,563 3,000X X
BAXTER TRAVENOL LABS Common 071813109 534,098 8,520X X
BE AEROSPACE INC Common 073302101 6,169 1,050X X
BEA SYSTEMS Common 073325102 403,563 5,500X X
BSC CAP TRUST 7.5% Common 07383J209 131,250 6,000X X
BEAR STEARNS Common 073902108 18,250 400X X
BSC 8.25 2/1/02 Conver 073902AE8 25,334 25,000X X
BELL ATLANTIC Common 077853109 1,688,578 27,625X X
BELLSOUTH CAP 7.375% Common 079857207 150,139 6,475X X
BELLSOUTH CORP Common 079860102 538,620 11,460X X
BIOGEN INC Common 090597105 1,987,245 28,440X X
BLACK & DECKER MFG C Common 091797100 884,785 23,555X X
BOEING CO Common 097023105 1,309,603 34,520X X
BRIGGS & STRATTON CO Common 109043109 1,040,463 25,300X X
BRISTOL MYERS CO Common 110122108 3,245,204 56,194X X
BROADWING INC Common 111620100 1,104,841 29,710X X
BUDGET 6.25% 6/15/05 Common 119001303 16,775 550X X
BUILDING ONE SVCS (N Common 120114103 2,335 235X X
BURLINGTON COAT Common 12157910 10,742 625X X
BURLINGTON RESOURCES Common 122014103 1,028,600 27,800X X
CBS CORP. Common 12490K107 67,950 1,200X X
CFS BANCORP Common 12525D102 6,525 725X X
CHSE ELECTRONICS (NE Common 12542A20 574 835X X
CMG INFORMATION SERV Common 125750109 11,331 100X X
CNET 5% 3/1/06 REG' Common 125945AC9 3,928,050 2,610,000X X
CADENCE DESIGN Common 127387108 12,658 610X X
CPN 5.5% 2/1/05 144A Common 13134E200 784,000 14,000X X
CAMPBELL SOUP CO Common 134429109 7,073 230X X
CN NAT'L RLWY Common 136375102 643,035 24,095X X
CAPITAL ONE FINANCIA Common 14040H105 1,820,427 37,975X X
CAPROCK Common 140667106 1,443,785 29,465X X
CENDANT Common 151313103 4,163 225X X
CHAMPION INTL CORP Common 15852510 27,424 515X X
CHANCELLOR MEDIA PFD Common 158915405 14,738 150X X
CHASE MANHATTAN NEW Common 16161A108 2,802,206 32,140X X
CKFR 6.5% 12/1/06 14 Conver 162816AA0 3,221,736 2,790,000X X
CHESAPEAKE CORP VA Common 165159104 814,003 27,535X X
CHEVRON Common 166751107 3,268,867 35,363X X
CQB PRF 3.75 Common 170032502 37,781 1,625X X
CIRCUIT CITY STORES Common 172737108 735,370 12,080X X
CISCO SYSTEMS Common 17275R102 4,686,220 60,614X X
CITIGROUP (NEW) Common 172967101 3,770,021 63,562X X
CITY NATIONAL Common 178566105 435,579 12,930X X
COASTAL CORP Common 190441105 13,800 300X X
COCA-COLA COMPANY Common 191216100 954,615 20,338X X
COLGATE PALMOLIVE CO Common 194162103 2,211,873 39,235X X
COLONIAL BANK Common 195493309 1,129 105X X
COLUMBIA ENERGY GROU Common 197648108 1,032,728 17,430X X
COMAIR HLDG Common 199789108 8,766 375X X
COMCAST CORP CLASS A Common 200300200 3,387,588 78,100X X
COMMERCIAL FED Common 201647104 2,328 140X X
COMPAQ COMPUTER Common 204493100 26,625 1,000X X
COMPUTER ASSOCIATES Common 204912109 3,847 65X X
CONEXANT SYSTEMS Common 207142100 53,392 752X X
CNXT 4% 2/1/07 REG'D Conver 207142AF7 1,802,296 2,000,000X X
CONOCO CLASS A Common 208251306 3,694 150X X
CONOCO CLASS B Common 208251405 8,687 339X X
CONSECO INC Common 208464107 8,921 780X X
CONSOLIDATED EDISON Common 209115104 4,785 165X X
CORR 5% 3/1/07 Conver 217753AC6 2,927,524 2,650,000X X
COSTCO COMPANY INC. Common 22160K105 12,089 230X X
COVENANT TRANSPORT Common 22284P105 425,053 26,775X X
COX COMMUNICATIONS Common 224044107 2,037 42X X
DII GROUP INC. Common 232949107 73,491 650X X
DR HORTON Common 23331A109 235,778 18,050X X
DAL TILE INTL Common 23426R108 5,358 675X X
DEAN FOODS CO Common 24236110 1,605 60X X
MXTR 7% 2/15/02 Common 243664208 476,000 40,000X X
DEERE & CO Common 244199105 1,034,550 27,225X X
DELL COMPUTERS Common 247025109 1,855,989 34,410X X
DELTA AIR LINES INC Common 247361108 1,267,084 23,795X X
DETROIT EDISON COMPA Common 25084710 3,654 126X X
DEVON ENERGY Common 25179M103 608,245 12,525X X
DIAL Common 25247D101 874,363 63,590X X
DIAMOND OFFSHORE Common 25271C102 18,491 463X X
ISLD 6% 2/15/05 Conver 25385NAA9 175,041 250,000X X
DIME BANCORP Common 25429Q102 4,625 250X X
DISNEY WALT PRODTNS Common 254687106 33,514 810X X
DLJ SECURITIES Common 257661108 54,338 1,050X X
DOW CHEM CO Common 260543103 623,010 5,465X X
DU PONT E I DE NEMOU Common 263534109 1,672,806 31,637X X
DUKE PWR CO Common 264399106 24,150 460X X
DUKE CAP 7.375% PFD Common 26439E204 127,500 6,000X X
E DIGITAL CORP. Common 26841Y103 20,125 2,000X X
EMC CORP Common 268648102 9,375 75X X
ENSCO INTL Common 26874Q100 3,038,293 84,105X X
EVI 5% PFD REGISTERE Common 268939402 200,075 5,300X X
EGRP 6% 2/1/07 Conver 269246AA2 4,199,181 2,965,000X X
EV CLASSIC SENIOR Common 269261103 386 39X X
EASTMAN KODAK CO Common 277461109 2,987 55X X
EATON CORP Common 278058102 1,737,060 22,270X X
DISH 4.875% 1/1/07 1 Conver 278762AB5 5,883,524 3,190,000X X
EL PASO ENERGY Common 283905107 2,302,990 57,040X X
EMERSON ELEC CO Common 291011104 531,658 10,055X X
ENGELHARD CORP Common 29284510 4,538 300X X
ENHANCE FIN'L SVCS Common 293310108 2,825 200X X
ENRON CORP Common 293561106 1,854,654 24,770X X
ENRON CORP 7% Common 293561882 1,236,330 57,000X X
BIOTECHNOLOGY 2000 S Common 29471Q408 79,650 108,345X X
EQUITY RESIDENTIAL Common 29476L107 10,047 250X X
EQUITY RES 8.6% Common 29476L800 137,594 6,475X X
EVEREST REINS HLDGS Common 299808105 5,383 165X X
EXXON CORP Common 302290101 45,208 570X X
EXXON MOBIL Common 30231G102 2,418,101 31,076X X
FPL GROUP INC Common 302571104 2,303 50X X
FAMILY DLR STORES IN Common 30700010 14,048 675X X
FARMERS GRP CAP Common 309593200 140,250 6,000X X
FEDERAL NATL MTG ASS Common 313586109 453,193 8,030X X
FEDERATED STORES Common 31410H101 933,739 22,365X X
FERRO CORP Common 315405100 551,030 30,935X X
FIDELITY HLDG Common 31617J306 53,125 2,500X X
FIDELITY NAT'L FIN'L Common 316326107 5,042 365X X
FIFTH THIRD BANCORP Common 316773100 842,625 13,375X X
FINOVA GROUP Common 317928106 1,681 100X X
FIRST PLACE FINANCIA Common 33610T109 224,200 22,420X X
FIRST UNION CORP Common 337358105 2,794 75X X
FIRSTAR CORP. (NEW) Common 33763V109 2,408 105X X
FIRST ENERGY Common 337932107 1,073 52X X
FLEETBOSTON FINANCIA Common 339030108 942,613 25,825X X
FORT JAMES CORP. Common 347471104 8,250 375X X
FOX ENTERTAINMENT GR Common 35138T107 158,669 5,300X X
FRANKLIN US GOV'T SE Common 353496607 19,247 2,943X X
GENERAL PUBLIC UTILI Common 36225X100 1,232 45X X
GTE CORP Common 362320103 42,245 595X X
GANNETT INC DEL Common 36473010 8,445 120X X
GAP INC Common 364760108 29,240 587X X
GENERAL CABLE Common 369300108 10,000 625X X
GENERAL DYNAMICS COR Common 369550108 1,505,684 30,265X X
GENERAL ELEC CO Common 369604103 5,158,433 33,240X X
GENERAL MOTORS 'H' Common 370442832 533,483 4,285X X
SEM 5.75% 12/15/06 R Conver 370787AB9 977,864 775,000X X
GENZYM 5 1/4% 6-1-05 Conver 372917AF1 5,260,205 3,850,000X X
GEORGIA PAC CORP Common 373298108 12,462 315X X
GEORGIA PACIFIC PFD Common 373298801 3,615,399 85,000X X
GILLETTE Common 375766102 29,585 785X X
GLAXO HOLDINGS Common 37733W105 24,071 420X X
GLOBIX CORP Common 37957F101 739,434 19,395X X
GOLDEN STATE BANCORP Common 381197102 15,684 1,050X X
GOLDEN WEST FINL COR Common 381317106 1,871 60X X
GRACE W R & CO Common 38388F108 691,342 54,490X X
GREAT WEST 8.25% Common 39141F203 144,069 6,475X X
HBO & COMPANY Common 404100109 9,037 315X X
HALLIBURTON CO Common 406216101 2,463,485 60,085X X
JOHN HANCOCK BOND FU Common 410223101 47,106 3,315X X
HC 7.25% 12/15/29 14 Common 41076M203 862,459 10,000X X
HARLAND JOHN H CO Common 412693103 716,850 53,100X X
ITT HARTFORD GROUP I Common 416515104 828,966 15,715X X
HEWLETT PACKARD CO Common 428236103 2,477,593 18,690X X
HOME DEPOT Common 437076102 4,324,790 67,051X X
HONEYWELL INTL Common 438516106 2,371 45X X
HOUSEHOLD CAP 8.7% P Common 44180H102 142,500 6,000X X
HUGHES SUPPLY Common 444482103 443,843 28,635X X
HUMAN GENOME Common 444903108 4,153 50X X
HUSSMANN INT'L INC. Common 448110106 4,758 375X X
HVIDE MARINE 6.5% PF Common 448513408 74,268 4,870X X
ILLINOIS TOOL WKS IN Common 452308109 514,930 9,320X X
INDEPENDENCE CMMNTY Common 453414104 8,622 775X X
INFINITY BROADCASTIN Common 45662S102 1,302,932 40,245X X
INGERSOLL RAND CO Common 456866102 956,021 21,605X X
INGERSOLL-RAND PREF Common 456867209 1,768,453 78,950X X
INTEL CORP Common 458140100 6,112,664 46,330X X
INIT 7% 2/16/05 144A Conver 458742AA1 373,125 500,000X X
INTERMEDIA COMM SERI Common 458801792 4,093,750 125,000X X
INT'L BUSINESS MACHI Common 459200101 3,650,920 30,940X X
INTL PAPER CAP 7.875 Common 460140205 131,250 6,000X X
INTERNATIONAL PAPER Common 460146103 1,258,346 29,435X X
INTERNATIONAL RECTIF Common 46025410 190,625 5,000X X
INTL SPECIALTY PDTS Common 460337108 3,444 535X X
ICGE 5.5% 12/21/04 Conver 46059CAA4 2,692,500 3,000,000X X
INTERPUBLIC GROUP CO Common 460690100 1,333,159 28,215X X
IVGN 5.5% 3/1/07 144 Conver 46185RAA8 2,417,534 2,800,000X X
ITWO 5.25 12/15/06 R Conver 465754AF6 1,931,875 1,100,000X X
JLG INDUSTRIES Common 466210101 293,004 32,110X X
JEFFERSON PILOT CORP Common 475070108 705,563 10,600X X
JOHNSON & JOHNSON Common 478160104 2,010,443 28,695X X
JNPR 4.75 3/15/07 Conver 48203RAA2 3,266,113 3,260,000X X
JUST TOYS INC. Common 482133303 475 400X X
JUST FOR FEET Common 48213P106 2,539 625X X
KN ENERGY Common 48262010 6,170 275X X
KMI 8.25% Common 482620507 4,837,500 100,000X X
KAUFMAN & BROAD HOME Common 486168107 727,803 33,950X X
KEANE INC Common 486665102 10,100 400X X
KEMPER HIGH YIELD Common 488411208 11,607 1,692X X
KERR MCGEE CORP Common 492386107 1,725,570 29,880X X
KIMBERLY CLARK CORP Common 494368103 3,719,856 66,426X X
K-MART 7 3/4% PFD T Common 498778208 21,531 500X X
KNIGHT RIDDER INC Common 499040103 972,906 19,100X X
KULICKE & SOFFA Common 501242101 584,891 9,130X X
LTV CORP Common 501921100 4,453 1,250X X
LAFARGE CORP Common 50586210 5,938 250X X
LAMR 5.25% 9/15/06 R Conver 512815AF8 2,619,094 2,275,000X X
LEARNING COMPANY Common 522008101 7,905 255X X
LEHMAN BROTHERS Common 524908100 918,105 9,465X X
LENNAR CORP Common 526057104 9,434 435X X
LVLT 6% 3/15/10 Conver 52729NAS9 5,886,506 5,883,000X X
LILLY ELI & CO Common 532457108 1,592,640 25,280X X
LOCKHEED MARTIN Common 539830109 586,556 28,700X X
LONGIS PWR 4 1/4% 4- Common 542690JA1 184,850 200,000X X
LUCENT TECHNOLOGIES Common 549463107 10,267 169X X
MCI WORLDCOM, INC. Common 55268B106 2,602,931 57,444X X
MPWR 7.25% 2/15/12 S Common 552763500 1,779,400 28,700X X
MACK-CALI REALTY Common 554489104 1,913 75X X
MALLINCKRODT GROUP I Common 561232109 630,056 21,915X X
MANITOWOC CO Common 563571108 8,525 315X X
MARINE DRILLING Common 568240204 1,109,435 40,435X X
MARSH & MCLENNAN COS Common 571748102 863,747 7,830X X
MASCO CORP Common 574599106 1,230 60X X
MAXIM INTEGRATED Common 57772K101 7,817 110X X
ACXM 5.25% 4/1/03 Conver 577777AA3 1,066,262 616,000X X
MCDONALDS CORP Common 580135101 2,101,246 55,940X X
MEDIA ONE GROUP, INC Common 58440J104 64,800 800X X
MEDTRONIC INC Common 585055106 2,572 50X X
MERCK & CO INC Common 589331107 3,683,702 59,295X X
MERITOR AUTO Common 59000G100 3,953 250X X
MERRILL LYNCH & CO I Common 590188108 2,191,875 20,875X X
IMC GLOBAL STRYPE 6. Common 590188751 4,373,341 264,650X X
MERRILL LYNCH Common 590188819 12,853 450X X
ML CAP 7.28% TOPRS Common 59021K205 128,250 6,000X X
METRIS COMPANIES Common 591598107 815,403 20,975X X
MICHAELS STORES Common 594087108 14,874 365X X
MICROSOFT CORP. Common 594918104 6,743,688 63,470X X
MICROCHIP Common 595017104 539,150 8,200X X
S&P MIDCAP 400 SPDRS Common 595635103 4,406,463 48,290X X
MILLENIUM PHARMACEUT Common 599902103 6,494 50X X
MLNM 5.5% 01/15/07 1 Conver 599902AA1 1,720,494 1,845,000X X
MITEL CORP Common 60671110 14,738 600X X
MOBIL CORP Common 60705910 18,844 180X X
MOHAWK INDUS Common 608190104 702,799 31,410X X
MONTANA PWR CO Common 612085100 1,080,960 16,890X X
MORGAN J P & CO INC Common 616880100 1,478,894 11,225X X
MORGAN STANLEY DEAN Common 617446448 882,098 10,815X X
MORRISON KNUDSEN Common 61844A109 268,008 36,340X X
MOTOROLA CAP 6.68% P Common 620074203 124,500 6,000X X
MOTOROLA INC DEL Common 620076109 2,339,221 16,430X X
MUNDER FUNDS INC FUT Common 626124192 183,500 10,000X X
MUNDER FUTURE TECH F Common 626124218 109,021 6,738X X
MUNDER NETNET FUND C Common 626124234 256,890 3,000X X
MUNDER NETNET FUND Common 626124317 599,060 7,000X X
MURPHY OIL CORP Common 626717102 1,174,686 20,385X X
MYLAN LABS Common 628530107 11,688 425X X
NTLI 7% 12/15/08 Conver 629407AL1 2,156,241 870,000X X
NTLI 5.75% 12/15/09 Conver 629407AN7 3,228,514 3,150,000X X
NETWORK ASSOCIATES Common 640938106 2,066,096 64,065X X
NETCURRENTS INC. Common 64110J101 19,500 2,000X X
NEW YORK TIMES Common 650111107 16,102 375X X
NEWPARK RESOURCES Common 651718504 866,600 108,325X X
NEWPORT NEWS SHPBLDG Common 652228107 17,696 585X X
NEWS CORP Common 652487703 1,076,906 19,145X X
NEXTEL COMMUN. Common 65332V103 593,000 4,000X X
NXTL 5.25% 1/15/2010 Conver 65332VAW3 2,329,041 1,950,000X X
99CENTS ONLY STORES Common 65440K106 26,141 666X X
NOKIA CORP. (NEW) Common 654902204 3,610,695 16,620X X
NOBLE DRILLING Common 655042109 847,190 20,445X X
NORTH AMERICAN PALLA Common 656912102 5,670 1,000X X
NORTH FORK BANK Common 659424105 966,769 54,085X X
NORTHROP CORP Common 666807102 1,448,370 27,360X X
NUVEEN BANDWIDTH Common 67067L748 83,232 10,040X X
NUVEEN TECHNOLOGY Common 67067L839 96,845 9,852X X
NUVEEN WIRELESS Common 67067L854 88,268 9,775X X
OCEAN ENERGY Common 674812201 13,872 965X X
OLD REPUBLIC INTL CO Common 680223104 4,263 310X X
ORACLE SYSTEMS Common 68389X105 76,111 975X X
ORBITAL SCIENCES Common 685564106 6,600 440X X
OUTBACK STEAKHOUSE Common 689899102 15,550 485X X
PDGE ENVIRONMENTAL I Common 693283103 58 80X X
PE BIOSYSTEMS Common 69332S102 665,850 6,900X X
CELERA GENOMICS GROU Common 69332S201 4,578 50X X
PNC BANK CORP. Common 693475105 24,559 545X X
PAINE WEBBER INC Common 695629105 2,150,280 48,870X X
PALL CORP Common 696429307 1,033,583 46,065X X
PARKER HANNIFIN CORP Common 701094104 830,588 20,105X X
PGTV 6.5% 12/31/49 R Common 705904506 3,338,395 27,100X X
PEOPLES HERITAGE Common 711147108 4,500 300X X
PEPSICO INC Common 713448108 1,271,900 36,800X X
PFIZER INC Common 717081103 924,739 25,292X X
PHELPS DODGE CORP Common 717265102 1,319,313 27,775X X
PHLY 7% 5/16/01 Common 717528301 2,309,472 324,000X X
PHILIP MORRIS INC Common 718154107 16,266 770X X
PHILLIPS PETE Common 718507106 533,725 11,540X X
PHILLIPS 66 CAP 8.24 Common 718550205 129,375 6,000X X
BIGT 5.5% 9/15/07 14 Conver 72346NAC5 2,024,000 2,200,000X X
PIOS 6.75% 3/31/28 Conver 723879300 2,752,750 48,400X X
PITNEY BOWES INC Common 724479100 12,066 270X X
PLATINUM TECHNOLOGY Common 72764T101 16,747 575X X
POTASH CORP. Common 73755L107 584,500 11,690X X
PRECISION CAST PARTS Common 740189105 12,045 330X X
PRICE COMM Common 741437305 1,389,775 60,425X X
PRIME HOSPITALITY Common 741917108 210,250 29,000X X
PRTL 5.75% 2/15/07 Conver 741929AK9 2,654,148 2,280,000X X
PROCTER & GAMBLE CO Common 742718109 27,000 480X X
PROVIDIAN FIN'L Common 74406A102 1,498,613 17,300X X
PUTNAM TAX EXEMPT IN Common 746870104 43,417 5,126X X
QUALCOMM Common 747525103 7,466 50X X
QUALCOM 5.75 PFD REG Common 74752R402 85,836 600X X
QWEST 5.75% 11/03 14 Common 74912L105 2,247,900 29,500X X
RALSTON PURINA CO Common 751277302 1,081,586 39,510X X
RAL 7% 8/1/00 Common 751277401 2,094,438 71,300X X
RATL 5% 2/1/07 144A Conver 75409PAA1 3,688,600 2,970,000X X
RECKSON ASSOC CL B Common 75621K304 120,007 5,854X X
REYNOLDS METALS CO Common 761763101 31,431 470X X
RTHM 6.75% Common 762430304 2,005,740 20,260X X
ROCKWELL INTL CORP Common 773903109 1,123,795 26,877X X
RLC CORP Common 775741101 5,273 625X X
ROWAN COS INC Common 779382100 650,569 22,100X X
ROYAL DUTCH PETE CO Common 780257804 1,345,523 23,375X X
RYERSON TULL Common 78375P107 775 50X X
RYLAND GROUP Common 783764103 822,656 43,875X X
SOUTHWESTERN BELL Common 78387G103 774,270 18,435X X
S&P DEP RECEIPTS (SP Common 78462F103 75,281 500X X
SAFEWAY Common 786514208 1,071,294 23,675X X
SALOMON SB 6.625 6/1 Conver 79549BBX4 29,988 30,000X X
SCHERING PLOUGH CORP Common 806605101 12,679 345X X
SCHLUMBERGER LTD Common 806857108 663,638 8,675X X
SCHOLASTIC CORP. Common 807066105 5,124 95X X
SEAGATE TECHNOLOGY Common 811804103 40,368 670X X
SRM 6.5% Common 817265804 2,756,731 90,000X X
SEPRACOR 7% 12/15/05 Conver 817315AH7 6,785,125 5,150,000X X
SHAW IND. Common 820286102 441,349 29,060X X
SIEBEL SYSTEMS Common 826170102 8,361 70X X
SILICON VALLEY BANCS Common 827064106 776,250 10,800X X
SIMPSON MFG Common 829073105 9,678 245X X
SKYWEST INC. Common 830879102 30,909 790X X
SMITH INTERNATIONAL Common 832110100 571,950 7,380X X
SMURFIT-STONE Common 832727101 482,719 28,500X X
SNAP ON INC Common 833034101 671,186 25,630X X
SOLUTIA INC. Common 834376105 824,368 61,635X X
SONICWALL INC. Common 835470105 863,127 12,955X X
SONY Common 83569930 42,019 150X X
SOUTHWEST AIRLS CO Common 844741108 7,472 359X X
SOVEREIGN BANCORP Common 84590510 6,050 800X X
SPRINT CVT 8.25% 3/3 Common 852061407 829,680 13,000X X
STAFFMARK Common 852389105 6,747 850X X
STANDARD AUTOMOTIVE Common 853097103 82,500 12,000X X
STAPLES Common 855030102 54,700 2,735X X
STATE STREET CORP. Common 857477103 1,201,250 12,400X X
STATEN ISLAND BANCOR Common 857550107 7,278 425X X
STONE ENERGY Common 861642106 555,540 11,280X X
STORAGE TECHNOLOGY C Common 862111200 121,523 7,625X X
SUIZA 5.5% REGISTERE Common 86507G408 5,048,750 140,000X X
SUN MICROSYSTEMS Common 866810104 4,546,007 48,515X X
SUNDSTRAND CORP Common 86732310 32,172 465X X
SUNTRUST BKS Common 867914103 14,149 245X X
TCF FINANCIAL Common 872275102 13,097 550X X
TJX COMPANY Common 872540109 900,480 40,585X X
TARGET CORP (NEW) Common 87612E106 1,370,541 18,335X X
TALK 5% 12/15/04 Conver 879176AF2 1,782,550 2,315,000X X
TENET HEALTHCARE Common 88033G100 555,450 24,150X X
TEREX CORP Common 880779103 500,825 34,840X X
TEXACO INC Common 881694103 699,860 13,051X X
TEXAS INSTRS INC Common 882508104 2,973,600 18,585X X
TEXTRON INC Common 883203101 856,207 14,065X X
THERMO ELECTRON CORP Common 883556102 537,900 26,400X X
TIME WARNER Common 887315109 515,600 5,156X X
TIMES MIRROR CO Common 887364107 18,123 195X X
TITAN 5.75% 2/15/05 Common 888262201 1,916,000 32,000X X
TORO CO Common 891092108 635,423 21,225X X
TRAVELERS 8.08% PFE Common 893931204 139,125 6,000X X
TRAVELERS PROPERTY Common 893939108 20,006 485X X
TRAVELERS GROUP Common 894190107 13,688 365X X
TRIBUNE CO Common 896047107 1,495,589 40,905X X
TRINITY INDUSTRIES I Common 896522109 8,883 375X X
TUESDAY MORNING Common 899035505 813,625 56,600X X
TYCO INTL LTD. Common 902124106 78,304 1,570X X
UAL INC Common 902549500 8,981 150X X
UCAR INTERNATIONAL Common 90262K109 6,594 500X X
USX MARATHON GROUP Common 902905827 1,029,990 39,520X X
US BANK Common 902973106 665,109 30,405X X
USG CORP Common 903293405 5,452 130X X
US BANCORP CAP II PF Common 90332M200 122,250 6,000X X
USX CORP Common 90337T101 625,250 25,010X X
UNION PACIFIC CORP Common 907818108 575,138 14,700X X
UNISYS CORP Common 909214108 21,675 850X X
UNITED HEALTHCARE Common 910581107 3,578 60X X
UNITED PARCEL Common 911312106 12,600 200X X
URI 6 1/2% 8/1/28 RE Common 91136H306 2,286,056 71,300X X
UNITED TECHNOLOGIES Common 913017109 3,007,093 47,590X X
UNIVISION COMMUNICAT Common 914906102 22,600 200X X
US FREIGHTWAYS INC. Common 916906100 470,777 12,575X X
VALERO ENERGY CORP Common 91913Y100 554,006 18,090X X
VARIAN MEDICAL SYSTE Common 92220P105 586,281 12,850X X
VNTR 6% 4/1/07 Conver 922815AA3 1,138,247 1,500,000X X
VRIO 6.75% 144A Common 923433304 886,258 16,000X X
VIACOM INTL INC OHIO Common 925524100 957,066 17,910X X
VIACOM CL B Common 925524308 2,095,705 39,729X X
VIAD CORP Common 92552R109 4,575 200X X
VOICESTREAM Common 928615103 3,187,723 24,747X X
WMS INDUSTRIES Common 929297109 306,125 31,000X X
WAL MART STORES INC Common 931142103 5,034,849 90,718X X
WARNER LAMBERT CO Common 934488107 1,938,398 19,881X X
WASH FED INC. Common 938824109 8,102 425X X
WELLPOINT HEALTH Common 94973H108 491,221 7,030X X
WELLS FARGO (NEW) Common 949746101 729,506 17,820X X
WESTINGHOUSE AIR BRA Common 960386100 5,950 560X X
WEYERHAEUSER CO Common 962166104 843,600 14,800X X
WHOLE FOODS MARKET I Common 966837106 10,359 250X X
WILLIAMS COS Common 969457100 1,387,239 31,573X X
WINSTAR COMMUNICATIO Common 975515107 36,000 600X X
WINSTAR COMM 6% PFD Common 975515602 12,835,045 140,581X X
WISCONSIN CENTRAL TR Common 976592105 244,939 19,995X X
WORKFLOW MGMT. Common 98137N109 18,856 700X X
XILINX INC Common 983919101 1,142,813 13,800X X
XEROX CORP Common 984121103 15,990 615X X
XTRA CORP Common 984138107 322,810 8,495X X
YAHOO! Common 984332106 8,569 50X X
DAIMLER-CHRYSLER (NE Common D1668R123 20,940 320X X
GLOBAL CROSSING Common G3921A100 793,369 19,380X X
GLOBALSTAR Common G3930H104 7,493 540X X
LORAL SPACE & COMM. Common G56462107 457,826 44,940X X
LORAL PFD 6% RGD 11/ Common G56462149 21,575 500X X
SANTA FE INT'L Common G7805C108 705,220 19,060X X
TRANSOCEAN SEDCO FOR Common G90078109 618,777 12,059X X
CNH GLOBAL N.V. (NEW Common N20935107 696,286 70,510X X
SUN INTL HOTEL LTD Common P8797T133 856,538 43,925X X
FLEXTRONICS INTL LTD Common Y2573F102 1,401,706 19,900X X
Total Value of Shares 431,513,353
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