<TABLE> <C> <C>
Name of Issuer Class Cusip FMV Shares Sole Sh-Ins Sh-O Mgrs. Sole Sh None
CASH Common 0 0 X X
CONVERTIBLE BOND ACC Conver 0 3,371 X X
VAN KAMPEN EMERGING Common 67,499 845 X X
VAN KAMPEN PACE FD C Common 27,907 2,049 X X
CITIGROUP (NEW) Common 8,783 175 X X
CONVERSION INDUS Common 0 400 X X
EUROTUNNELL ADR Common 4,250 2,000 X X
MESA AIRLINES Common 162,688 34,250 X X
MUNDER NETNET FUND Common 917,845 12,251 X X
NOKIA CORP ADR Common 7,788 50 X X
ZWEIG TOTAL RETURN F Common 13,000 2,000 X X
AAR CORP Common 00036110 24,664 1,375 X X
AES 5 1/2% 9/30/12 R Common 001034305 4,688,750 68,200 X X
AES CORP Common 00130H105 57,184 765 X X
AMC ENTERTAINMENT Common 001669100 8,409 975 X X
AMERICAN TEL & TELEG Common 001957109 3,899,173 76,831 X X
AVX CORP Common 002444107 863,919 17,300 X X
ABBOTT LABS Common 002824100 20,698 570 X X
ABITIBI Common 003924107 6,116 515 X X
ADAPTEC INC Common 00651F108 982,538 19,700 X X
ACS 4% 3/15/05 Conver 008190AD2 3,772,416 3,070,000 X X
AIR PRODS & CHEMS IN Common 009158106 531,966 15,850 X X
ALASKA AIR GROUP Common 011659109 990,349 28,195 X X
ALBERTSONS INC Common 013104104 8,417 261 X X
ALCOA INC. Common 013817101 1,660 20 X X
ALLMERICA FINANCIAL Common 019754100 1,112,500 20,000 X X
ALLSTATE CORP Common 020002101 229,440 9,560 X X
ALLTEL Common 020039103 24,806 300 X X
AMAZON 4.75% 2/1/09 Conver 023135AF3 4,028,343 3,559,000 X X
AMERADA HESS CORP Common 023551104 888,138 15,650 X X
AMERICA ONLINE Common 02364J104 2,206,547 29,250 X X
AMERICAN EXPRESS CO Common 025816109 3,057,338 18,390 X X
AMERICAN INTL GROUP Common 026874107 2,279,059 21,078 X X
AMT 6.25% 10/15/09 R Conver 029912AB8 1,402,500 1,000,000 X X
AMERIN CORP Common 03070X106 11,663 435 X X
AMKOR 5.75% 5/1/03 Conver 031652AA8 4,687,000 2,150,000 X X
ANALOG DEVICES INC Common 032654105 823,050 8,850 X X
ANHEUSER BUSCH COS I Common 035229103 1,905,829 26,890 X X
ANIXTER INTL (ITEL C Common 035290105 6,394 310 X X
AON CORP. Common 037389103 567,000 14,175 X X
APACHE CORP Common 037411105 734,687 19,890 X X
APPLE COMPUTER INC Common 037833100 57,575 560 X X
APPLIED MATERIALS Common 038222105 667,643 5,270 X X
ARVIN INDS INC Common 043339100 1,137,838 40,100 X X
ASHLAND OIL INC Common 044204105 3,953 120 X X
ASHTON TECH GP Common 045084100 19,313 3,000 X X
AT HOME Common 045919107 126,910 2,960 X X
ASTEC INDS INC. Common 046224101 527,314 28,030 X X
ATLAS AIR Common 049164106 1,025,614 37,380 X X
ATML 3.25% 6/1/02 RE Conver 04951PAB1 3,830,625 2,250,000 X X
AUTOMATIC SEC EXC Common 05300A202 1,791,000 199,000 X X
AUTOMATIC DATA PROCE Common 053015103 10,775 200 X X
AVIATION SALES Common 053672101 807,015 48,910 X X
AVIS RENT-A-CAR Common 053790101 10,097 395 X X
AZTEC TECHNOLOGY Common 05480L101 99,234 21,750 X X
BJ SERVICES Common 055482103 385,511 9,220 X X
BALL CORP Common 058498106 1,067,259 27,105 X X
BANKAMERICA CORP (NE Common 060505104 28,105 560 X X
BANK NEW YORK INC Common 064057102 351,000 8,775 X X
BANC ONE CORP Common 06423A103 909,293 28,360 X X
BANK OF TOKYO MITSUB Common 065379109 41,813 3,000 X X
BARRICK GOLD Common 067901108 17,245 975 X X
BAXTER TRAVENOL LABS Common 071813109 606,769 9,660 X X
BE AEROSPACE INC Common 073302101 8,859 1,050 X X
BEA SYSTEMS Common 073325102 209,813 3,000 X X
BSC 8.25 2/1/02 Conver 073902AE8 25,480 25,000 X X
BECKMAN COULTER INC. Common 075811109 1,339,539 26,330 X X
BELL ATLANTIC Common 077853109 1,810,553 29,410 X X
BELLSOUTH CORP Common 079860102 530,152 11,325 X X
BEST BUY INC Common 086516101 1,003,750 20,000 X X
BIOGEN INC Common 090597105 926,120 10,960 X X
BLOCKBUSTER Common 093679108 24,075 1,800 X X
BOEING CO Common 097023105 1,414,372 34,030 X X
BRIGGS & STRATTON CO Common 109043109 1,277,079 23,815 X X
BRISTOL MYERS CO Common 110122108 3,160,593 49,240 X X
BUDGET 6.25% 6/15/05 Common 119001303 16,775 550 X X
BUILDING ONE SVCS (N Common 120114103 2,218 235 X X
BURLINGTON COAT Common 12157910 8,672 625 X X
CBS CORP. Common 12490K107 76,725 1,200 X X
CFS BANCORP Common 12525D102 6,752 725 X X
CHSE ELECTRONICS (NE Common 12542A20 939 835 X X
CNET 5% 3/1/06 REG' Common 125945AC9 4,281,966 2,610,000 X X
CONSOLIDATED FREIGHT Common 12612W104 593,400 17,200 X X
CADENCE DESIGN Common 127387108 14,640 610 X X
CAMPBELL SOUP CO Common 134429109 8,898 230 X X
CN NAT'L RLWY Common 136375102 589,268 22,395 X X
CAPITAL ONE FINANCIA Common 14040H105 1,328,048 27,560 X X
CARPENTER TECHNOLOGY Common 144285103 445,311 16,230 X X
CENDANT Common 151313103 5,977 225 X X
CENTEX CORP Common 152312104 8,147 330 X X
CHAMPION INTL CORP Common 15852510 31,898 515 X X
CHANCELLOR MEDIA PFD Common 158915405 14,738 150 X X
CHARTER COMMS A Common 16117M107 100,625 4,600 X X
CHASE MANHATTAN NEW Common 16161A108 3,794,646 48,845 X X
CHESAPEAKE CORP VA Common 165159104 782,173 25,645 X X
CHEVRON Common 166751107 2,190,313 25,285 X X
CQB PRF 3.75 Common 170032502 37,781 1,625 X X
CISCO SYSTEMS Common 17275R102 2,886,697 26,947 X X
CITIGROUP (NEW) Common 172967101 3,323,360 59,813 X X
CITRIX 0% 3/22/19 RE Conver 177376AB6 3,146,188 3,550,000 X X
COACHMEN INDS INC Common 189873102 248,050 16,400 X X
COASTAL CORP Common 190441105 636,635 17,965 X X
COCA-COLA COMPANY Common 191216100 1,987,781 34,125 X X
COLGATE PALMOLIVE CO Common 194162103 2,768,350 42,590 X X
COLONIAL BANK Common 195493309 1,089 105 X X
COLUMBIA ENERGY GROU Common 197648108 1,105,294 17,475 X X
COMAIR HLDG Common 199789108 8,766 375 X X
COMCAST CORP CLASS A Common 200300200 1,980,855 39,420 X X
COMMERCIAL FED Common 201647104 2,494 140 X X
COMPAQ COMPUTER Common 204493100 54,125 2,000 X X
COMPUTER ASSOCIATES Common 204912109 4,546 65 X X
COMPUTONE CORP. Common 20562D208 50,000 20,000 X X
CONOCO CLASS A Common 208251306 3,713 150 X X
CONOCO CLASS B Common 208251405 10,920 439 X X
CONSECO INC Common 208464107 13,943 780 X X
CONSOLIDATED EDISON Common 209115104 5,693 165 X X
COOPER CAMERON (NEW) Common 216640102 783,000 16,000 X X
ADOLPH COORS (NEW) Common 217016104 1,176,000 22,400 X X
COSTCO COMPANY INC. Common 22160K105 10,494 115 X X
COVENANT TRANSPORT Common 22284P105 432,638 24,900 X X
CUMMINS ENGINE INC Common 231021106 868,900 17,985 X X
DII GROUP INC. Common 232949107 46,130 650 X X
DR HORTON Common 23331A109 233,086 16,875 X X
DAL TILE INTL Common 23426R108 6,834 675 X X
DAYTON HUDSON CORP Common 23975310 2,570 35 X X
DEAN FOODS CO Common 24236110 2,385 60 X X
DELL COMPUTERS Common 247025109 1,748,280 34,280 X X
DELTA AIR LINES INC Common 247361108 618,671 12,420 X X
DELTEK SYSTEMS Common 24785A108 682,560 50,560 X X
DEVON ENERGY Common 25179M103 845,052 25,705 X X
DIAL Common 25247D101 2,675,469 110,045 X X
DIAMOND OFFSHORE Common 25271C102 15,281 500 X X
DIME BANCORP Common 25429Q102 3,781 250 X X
DISNEY WALT PRODTNS Common 254687106 23,693 810 X X
DLJ SECURITIES Common 257661108 50,794 1,050 X X
DCLK 4.75% 3/15/06 R Common 258609AC0 5,760,438 1,850,000 X X
DOW CHEM CO Common 260543103 857,204 6,415 X X
DU PONT E I DE NEMOU Common 263534109 1,196,751 18,167 X X
DUKE PWR CO Common 264399106 430,574 8,590 X X
DYNATECH CORP. NEW Common 268140100 203 30 X X
ENSCO INTL Common 26874Q100 2,119,598 92,660 X X
EVI 5% PFD REGISTERE Common 268939402 3,193,650 84,600 X X
EV CLASSIC SENIOR Common 269261103 89 9 X X
EASTMAN KODAK CO Common 277461109 869,863 13,130 X X
EATON CORP Common 278058102 824,294 11,350 X X
ENGELHARD CORP Common 29284510 5,663 300 X X
ENHANCE FIN'L SVCS Common 293310108 3,250 200 X X
ENRON CORP Common 293561106 1,462,822 32,965 X X
EQUITY RESIDENTIAL Common 29476L107 928,026 21,740 X X
EVEREST REINS HLDGS Common 299808105 3,682 165 X X
EXXON CORP Common 302290101 45,208 570 X X
EXXON MOBIL Common 30231G102 2,570,749 31,910 X X
FPL GROUP INC Common 302571104 2,141 50 X X
FAMILY DLR STORES IN Common 30700010 11,011 675 X X
FEDERAL NATL MTG ASS Common 313586109 2,089,908 33,472 X X
FEDERATED STORES Common 31410H101 743,016 14,695 X X
FERRO CORP Common 315405100 626,450 28,475 X X
F5 NETWORKS, INC. Common 315616102 516,420 4,530 X X
FIDELITY NAT'L FIN'L Common 316326107 5,247 365 X X
FIRST PLACE FINANCIA Common 33610T109 222,009 20,895 X X
FIRST UNION CORP Common 337358105 2,461 75 X X
FIRSTAR CORP. (NEW) Common 33763V109 2,218 105 X X
FLE 6% 2/15/28 REG'D Common 339072407 2,283,138 67,900 X X
FLEMING COS INC Common 339130106 251,381 24,525 X X
FORD MTR CO DEL Common 345370100 1,895,856 35,478 X X
FORT JAMES CORP. Common 347471104 10,266 375 X X
FOX ENTERTAINMENT GR Common 35138T107 9,975 400 X X
GENERAL PUBLIC UTILI Common 36225X100 1,347 45 X X
GTE CORP Common 36232010 56,097 795 X X
GANNETT INC DEL Common 36473010 9,788 120 X X
GAP INC Common 364760108 27,002 587 X X
GENERAL CABLE Common 369300108 10,000 625 X X
GENERAL DYNAMICS COR Common 369550108 716,609 13,585 X X
GENERAL ELEC CO Common 369604103 5,237,669 33,846 X X
GENL EMPLOYMENT Common 369730106 1,069 225 X X
GENZYM 5 1/4% 6-1-05 Conver 372917AF1 3,827,512 2,980,000 X X
GEORGIA PAC CORP Common 373298108 15,986 315 X X
GILLETTE Common 375766102 32,332 785 X X
GLAXO HOLDINGS Common 37733W105 1,100,458 19,695 X X
GBLX 7% 144A Common 37932J301 1,139,021 4,100 X X
GLOBAL MARINE INC Common 379352404 866,079 52,095 X X
GLOBAL TELESYST 7.25 Common 37936U609 3,585,465 63,180 X X
GLOBIX CORP Common 37957F101 714,600 11,910 X X
GOLDEN STATE BANCORP Common 381197102 18,113 1,050 X X
GOLDEN WEST FINL COR Common 381317106 506,520 15,120 X X
GOODRICH B F CO Common 382388106 816,613 29,695 X X
GRACE W R & CO Common 38388F108 516,705 37,240 X X
HBO & COMPANY Common 404100109 9,037 315 X X
HAIN FOOD GP Common 405219106 417,853 18,675 X X
HALLIBURTON CO Common 406216101 2,647,041 65,765 X X
ITT HARTFORD GROUP I Common 416515104 845,644 17,850 X X
HERCULES INC Common 427056106 428,578 15,375 X X
HEWLETT PACKARD CO Common 428236103 2,033,784 17,850 X X
HOLLYWOOD PARK Common 436255103 252,871 11,270 X X
HOME DEPOT Common 437076102 3,246,914 47,357 X X
HONEYWELL INTL Common 438516106 2,596 45 X X
HUGHES SUPPLY Common 444482103 569,466 26,410 X X
HUSSMANN INT'L INC. Common 448110106 5,648 375 X X
HVIDE MARINE 6.5% PF Common 448513408 74,268 4,870 X X
IBP FOODS Common 449223106 716,400 39,800 X X
INTL MINERALS & CHEM Common 449669100 17,767 1,085 X X
ILLINOIS TOOL WKS IN Common 452308109 545,905 8,080 X X
IN FOCUS SYSTEMS INC Common 452919103 621,425 26,800 X X
INDEPENDENCE CMMNTY Common 453414104 9,688 775 X X
INFINITY BROADCASTIN Common 45662S102 3,619 100 X X
INGERSOLL RAND CO Common 456866102 681,398 12,375 X X
INTEL CORP Common 458140100 4,012,734 48,750 X X
INTERMEDIA 7% SERIES Common 458801834 2,645,384 77,600 X X
INT'L BUSINESS MACHI Common 459200101 3,204,900 29,675 X X
INTERNATIONAL PAPER Common 460146103 1,706,952 30,245 X X
INTERNATIONAL RECTIF Common 46025410 130,000 5,000 X X
INTL SPECIALTY PDTS Common 460337108 4,915 535 X X
JLG INDUSTRIES Common 466210101 5,738 360 X X
JOHNSON & JOHNSON Common 478160104 2,565,594 27,550 X X
JUST FOR FEET Common 48213P106 2,539 625 X X
KN ENERGY Common 48262010 6,170 275 X X
KANSAS CITY SOUTHN I Common 485170104 74,625 1,000 X X
KAUFMAN & BROAD HOME Common 486168107 861,438 35,615 X X
KEANE INC Common 486665102 12,700 400 X X
KEY ENERGY Common 492914106 115,681 22,300 X X
KIMBERLY CLARK CORP Common 494368103 2,610,653 40,010 X X
K-MART 7 3/4% PFD T Common 498778208 21,875 500 X X
KNIGHT RIDDER INC Common 499040103 986,213 16,575 X X
KNIGHT TRIMARK Common 499067106 46,000 1,000 X X
KONINKLIJKE AHOLD Common 500467303 22,214 742 X X
LTV CORP Common 501921100 5,156 1,250 X X
LSI LOGIC CORP Common 502161102 846,450 12,540 X X
LAFARGE CORP Common 50586210 6,906 250 X X
LAMR 5.25% 9/15/06 R Conver 512815AF8 3,344,250 2,275,000 X X
LEAR CORP Common 521865105 536,800 16,775 X X
LEARNING COMPANY Common 522008101 7,905 255 X X
LEHMAN BROTHERS Common 524908100 413,698 4,885 X X
LENNAR CORP Common 52605710 7,069 435 X X
LVLT 6% 9/15/2009 (R Conver 52729NAG5 4,061,740 2,900,000 X X
LIGHTBRIDGE Common 532226107 191,059 6,885 X X
LILLY ELI & CO Common 532457108 1,699,740 25,560 X X
LINENS AND THINGS Common 535679104 966,368 32,620 X X
LITTON INDS INC Common 538021106 1,088,771 21,830 X X
LONGIS PWR 4 1/4% 4- Common 542690JA1 183,084 200,000 X X
LOOKSMART LTD Common 543442107 12,150 450 X X
LOUISIANA PAC CORP Common 546347105 543,923 38,170 X X
LUCENT TECHNOLOGIES Common 549463107 3,110,330 41,575 X X
MBNA CORP Common 55262L100 630,974 23,155 X X
MCI WORLDCOM, INC. Common 55268B106 3,071,098 57,877 X X
MACK-CALI REALTY Common 554489104 6,516 250 X X
MAIL-WELL 5% 11-1-20 Conver 560321AD3 464,600 505,000 X X
MALLINCKRODT GROUP I Common 561232109 631,955 19,865 X X
MANITOWOC CO Common 563571108 443,190 13,035 X X
MASCO CORP Common 574599106 642,876 25,335 X X
MAXIMUS Common 577933104 703,864 20,740 X X
MCDONALDS CORP Common 580135101 1,285,566 31,890 X X
MEDIA ONE GROUP, INC Common 58440J104 46,088 600 X X
MEDQUIST Common 584949101 876,076 33,940 X X
MELLON BANK CORP Common 58551A108 913,216 26,810 X X
MENS WEARHOUSE Common 587118100 14,247 485 X X
MERCK & CO INC Common 589331107 3,026,531 45,130 X X
MERRILL LYNCH & CO I Common 590188108 1,796,085 21,510 X X
IMC GLOBAL STRYPE 6. Common 590188751 2,591,875 145,000 X X
MERRILL LYNCH Common 590188819 13,303 450 X X
METRIS COMPANIES Common 591598107 508,547 14,250 X X
MICHAELS STORES Common 594087108 10,403 365 X X
MICROSOFT CORP. Common 594918104 6,803,023 58,270 X X
MICROCHIP Common 595017104 34,219 500 X X
S&P MIDCAP 400 SPDRS Common 595635103 2,384,264 29,390 X X
MILLIPORE CORP. Common 601073109 664,157 17,195 X X
MITEL CORP Common 60671110 8,250 600 X X
MOBIL CORP Common 60705910 18,844 180 X X
MOHAWK INDUS Common 608190104 778,986 29,535 X X
MONTANA PWR CO Common 612085100 1,026,339 28,460 X X
MORGAN J P & CO INC Common 616880100 641,356 5,065 X X
MORGAN STANLEY DEAN Common 617446448 291,210 2,040 X X
MORRISON KNUDSEN Common 61844A109 262,773 33,635 X X
MOTOROLA INC DEL Common 620076109 2,414,164 16,395 X X
MUNDER NETNET FUND C Common 626124234 119,920 1,600 X X
MURPHY OIL CORP Common 626717102 389,576 6,790 X X
MYLAN LABS Common 628530107 10,705 425 X X
NTLI 7% 12/15/08 Conver 629407AL1 2,306,588 870,000 X X
NETWORK ASSOCIATES Common 640938106 383,366 14,365 X X
NEW YORK TIMES Common 650111107 18,422 375 X X
NEWPARK RESOURCES Common 651718504 276,084 45,075 X X
NEWPORT NEWS SHPBLDG Common 652228107 417,038 15,165 X X
NEWS CORP Common 652487703 894,859 23,395 X X
NEXTEL COMMUN. Common 65332V103 82,500 800 X X
99CENTS ONLY STORES Common 65440K106 29,873 781 X X
NOKIA CORP. (NEW) Common 654902204 4,152,450 21,855 X X
NORTH AMERICAN PALLA Common 656912102 5,000 1,000 X X
NORTHROP CORP Common 666807102 1,372,647 25,390 X X
NORTHWEST AIRLINES Common 667280101 467,250 21,000 X X
OCEAN ENERGY Common 674812201 7,479 965 X X
OLD REPUBLIC INTL CO Common 680223104 4,224 310 X X
OMNIPOINT 7% REG'D Common 68212D607 4,614,246 23,400 X X
ORACLE SYSTEMS Common 68389X105 240,934 2,150 X X
ORBITAL SCIENCES Common 685564106 8,168 440 X X
OUTBACK STEAKHOUSE Common 689899102 12,580 485 X X
PC CONNECTION Common 69318J100 704,663 20,425 X X
PNC BANK CORP. Common 693475105 24,253 545 X X
PAINE WEBBER INC Common 695629105 1,631,872 42,045 X X
PALL CORP Common 696429307 921,581 42,740 X X
PARK PLACE Common 700690100 748,188 59,855 X X
PEOPLES HERITAGE Common 711147108 4,519 300 X X
PEPSICO INC Common 713448108 170,963 4,850 X X
PFIZER INC Common 717081103 987,365 30,439 X X
PHELPS DODGE CORP Common 717265102 501,088 7,465 X X
PHILIP MORRIS INC Common 718154107 17,854 770 X X
PHILLIPS PETE Common 718507106 650,715 13,845 X X
PIOS 6.75% 3/31/28 Conver 723879300 1,095,276 20,400 X X
PITNEY BOWES INC Common 724479100 968,183 20,040 X X
PLATINUM TECHNOLOGY Common 72764T101 16,747 575 X X
POTASH CORP. Common 73755L107 1,057,475 21,945 X X
PRECISION CAST PARTS Common 740189105 8,663 330 X X
PRICE COMM Common 741437305 823,250 29,600 X X
PRIME HOSPITALITY Common 741917108 255,563 29,000 X X
PROCTER & GAMBLE CO Common 742718109 1,861,467 16,990 X X
PROVIDIAN FIN'L Common 74406A102 1,089,563 11,965 X X
PSINET INC. 6.75% RE Common 74437C309 2,857,750 49,700 X X
QUALCOM 5.75 PFD REG Common 74752R402 85,836 600 X X
QWEST 5.75% 11/03 14 Common 74912L105 1,554,997 22,000 X X
RF MICRO DEVICES Common 749941100 1,274,648 18,625 X X
RALSTON PURINA CO Common 751277302 1,000,294 35,885 X X
RAL 7% 8/1/00 Common 751277401 1,846,406 50,500 X X
RECKSON SERVICES Common 75621J109 124,750 2,000 X X
RECKSON ASSOC CL B Common 75621K304 134,642 5,854 X X
RESEARCH IN MOTION Common 760975102 323,313 7,000 X X
REYNOLDS METALS CO Common 761763101 36,014 470 X X
RLC CORP Common 775741101 7,461 625 X X
ROYAL DUTCH PETE CO Common 780257804 1,416,957 23,445 X X
RYLAND GROUP Common 783764103 534,473 23,175 X X
SOUTHWESTERN BELL Common 78387G103 883,350 18,120 X X
S&P DEP RECEIPTS (SP Common 78462F103 73,438 500 X X
SPX CORP Common 784635104 630,338 7,800 X X
SAFESKIN CORP. Common 786454108 891,188 73,500 X X
SAFEWAY Common 786514208 974,946 27,415 X X
SALOMON SB 6.625 6/1 Conver 79549BBX4 30,029 30,000 X X
SCHERING PLOUGH CORP Common 806605101 686,180 16,265 X X
SCHLUMBERGER LTD Common 806857108 529,313 9,410 X X
SCHOLASTIC CORP. Common 807066105 5,908 95 X X
CHARLES SCHWAB Common 808513105 76,750 2,000 X X
SEAGATE TECHNOLOGY Common 811804103 31,197 670 X X
SEALED AIR $2 PFD Common 81211K209 5,432,775 106,525 X X
SEPRACOR 7% 12/15/05 Conver 817315AH7 4,131,563 3,900,000 X X
SHAW IND. Common 820286102 416,967 27,010 X X
SHOP AT HOME Common 825066301 13,416 1,350 X X
SILICON VALLEY BANCS Common 827064106 99,000 2,000 X X
SIMPSON MFG Common 829073105 10,719 245 X X
SKYWEST INC. Common 830879102 37,520 1,340 X X
SOLUTIA INC. Common 834376105 1,207,521 78,220 X X
SONY Common 83569930 42,713 150 X X
SOUTHWEST AIRLS CO Common 844741108 5,811 359 X X
SOVEREIGN BANCORP Common 84590510 5,963 800 X X
STAFFMARK Common 852389105 6,428 850 X X
STANDARD AUTOMOTIVE Common 853097103 450,000 50,000 X X
STAPLES Common 855030102 77,501 3,735 X X
STATE STREET CORP. Common 857477103 620,666 8,495 X X
STATEN ISLAND BANCOR Common 857550107 7,650 425 X X
STONE ENERGY Common 861642106 648,375 18,200 X X
STORAGE TECHNOLOGY C Common 862111200 140,586 7,625 X X
STAR MEDIA NETWORK I Common 862683109 40,063 1,000 X X
SUIZA 5.5% REGISTERE Common 86507G408 3,543,750 105,000 X X
SUN MICROSYSTEMS Common 866810104 785,991 10,150 X X
SUNDSTRAND CORP Common 86732310 32,172 465 X X
SUNRISE TECHNOLOGY Common 86769L103 23,625 2,000 X X
SUNTRUST BKS Common 867914103 770,012 11,190 X X
TCF FINANCIAL Common 872275102 13,681 550 X X
TEREX CORP Common 880779103 11,794 425 X X
TEXACO INC Common 881694103 852,761 15,701 X X
TEXAS INSTRS INC Common 882508104 2,964,375 30,600 X X
TEXTRON INC Common 883203101 746,936 9,740 X X
TIME WARNER Common 887315109 1,873,958 25,870 X X
TIMES MIRROR CO Common 887364107 13,065 195 X X
TORO CO Common 891092108 417,900 11,200 X X
TOSCO 5.75% REG'D Common 891491409 3,650,304 76,800 X X
TOTAL FINA ADR Common 89151E109 60,525 874 X X
TOWER AUTO 6.75 PFD Common 891706301 4,729,400 130,000 X X
TOYS R US Common 892335100 547,095 38,225 X X
TRAVELERS PROPERTY Common 893939108 885,534 25,855 X X
TRAVELERS GROUP Common 894190107 13,688 365 X X
TRIBUNE CO Common 896047107 977,910 17,760 X X
TRINITY INDUSTRIES I Common 896522109 10,664 375 X X
TRIZEC HAHN CORP. Common 896938107 844 50 X X
TYCO INTL LTD. Common 902124106 74,640 1,920 X X
UAL INC Common 902549500 11,634 150 X X
UCAR INTERNATIONAL Common 90262K109 8,906 500 X X
USX CORP (X) 6.75% Common 902905793 803,675 105,400 X X
USX MARATHON GROUP Common 902905827 560,283 22,695 X X
USG CORP Common 903293405 6,126 130 X X
USX CORP Common 90337T101 16,500 500 X X
UNP 6 1/4% 4-1-28 PF Common 907824403 2,995,720 72,800 X X
UNISOURCE ENERGY Common 909205106 248,642 22,225 X X
UNISYS CORP Common 909214108 27,147 850 X X
UNITED HEALTHCARE Common 910581107 3,188 60 X X
UNITED PARCEL Common 911312106 75,900 1,100 X X
URI 6 1/2% 8/1/28 RE Common 91136H306 2,691,000 82,800 X X
UNITED TECHNOLOGIES Common 913017109 1,107,600 17,040 X X
VALASSIS COMM Common 918866104 1,412,206 33,425 X X
VALENCE TECH Common 918914102 173,470 9,130 X X
VARIAN MEDICAL SYSTE Common 92220P105 354,769 11,900 X X
VASTAR RESOURCES Common 922380100 662,275 11,225 X X
VIACOM CL B Common 925524308 2,503,563 41,424 X X
VISX INC. Common 92844S105 38,813 750 X X
WMS INDUSTRIES Common 92929710 406,875 31,000 X X
WAL MART STORES INC Common 931142103 5,238,154 75,778 X X
WARNER LAMBERT CO Common 934488107 2,579,065 31,476 X X
WASH FED INC. Common 938824109 8,394 425 X X
WASHINGTON MUTUAL Common 939322103 613,210 23,585 X X
WATERS CORP Common 941848103 681,580 12,860 X X
WEATHERFORD INTL. (N Common 947074100 450,295 11,275 X X
WELLPOINT HEALTH Common 94973H108 1,461,505 22,165 X X
WESTINGHOUSE AIR BRA Common 960386100 9,940 560 X X
WHIRLPOOL CORP Common 963320106 609,636 9,370 X X
WHOLE FOODS MARKET I Common 966837106 18,550 400 X X
WILLAMETTE INDUS Common 969133107 572,807 12,335 X X
WILLIAMS COS Common 969457100 903,550 29,564 X X
WINSTAR COMMUNICATIO Common 975515107 29,950 400 X X
WINSTAR COMM 6% PFD Common 975515602 9,435,463 120,581 X X
WISCONSIN CENTRAL TR Common 976592105 249,534 18,570 X X
WORKFLOW MGMT. Common 98137N109 20,038 700 X X
XILINX INC Common 983919101 54,563 1,200 X X
XEROX CORP Common 984121103 13,953 615 X X
XTRA CORP Common 984138107 497,221 11,665 X X
YORK INT'L Common 986670107 757,687 27,615 X X
ZALE'S Common 988858106 995,074 20,570 X X
DAIMLER-CHRYSLER (NE Common D1668R123 25,040 320 X X
GLOBALSTAR Common G3930H104 23,760 540 X X
LORAL SPACE & COMM. Common G56462107 1,320,655 54,320 X X
LORAL PFD 6% RGD 11/ Common G56462149 21,575 500 X X
SANTA FE INT'L Common G7805C108 396,793 15,335 X X
TRANSOCEAN SEDCO FOR Common G90078109 520,303 15,445 X X
CNH GLOBAL N.V. (NEW Common N20935107 706,960 53,105 X X
Total Value of Shares 363,508,102
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