<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A E S CORP. COM 00130H105 14787 324100 SH SOLE 324100
AFFYMETRIX INC. COM 00826T108 1849 11200 SH SOLE 10300
AMERICAN INTL GROUP COM 026874107 13160 112000 SH SOLE 112000
APPLIED MATERIALS COM 038222105 12733 140500 SH SOLE 140500
AUTOMATIC DATA PROCESSING INC. COM 053015103 10220 190800 SH SOLE 190800
AVANEX CORP COM 05348W109 955 10000 SH SOLE 9200
B E A SYSTEMS, INC. COM 073325102 2314 46800 SH SOLE 43600
BROADCOM CORP. COM 111320107 13552 61900 SH SOLE 61900
BROCADE COMMUNICATIONS SYSTEMS COM 111621108 3578 19500 SH SOLE 18000
CALPINE CORPORATION COM 131347106 2808 42700 SH SOLE 39100
CIENA CORPORATION COM 171779101 15619 93700 SH SOLE 93700
CISCO SYSTEM INC. COM 17275R102 15935 250700 SH SOLE 250700
CITIGROUP INC COM 172967101 9056 150300 SH SOLE 150300
CREE INC COM 225447101 1829 13700 SH SOLE 12500
DIGITAL LIGHTWAVE INC. COM 253855100 2373 23600 SH SOLE 22000
E M C CORP. COM 268648102 13549 176100 SH SOLE 176100
ENTRUST TECHNOLOGIES INC. COM 293848107 2011 24300 SH SOLE 22400
EXODUS COMMUNICATIONS INC. COM 302088109 1612 35000 SH SOLE 32200
EXTREME NETWORKS INCORPORATED COM 30226D106 2163 20500 SH SOLE 18900
GENERAL ELECTRIC COMPANY COM 369604103 14294 269700 SH SOLE 269700
GENERAL MOTORS CL H COM 370442832 9380 106900 SH SOLE 106900
GUIDANT CORPORATION COM 401698105 6702 135400 SH SOLE 135400
HARLEY DAVIDSON COM 412822108 1867 48500 SH SOLE 44400
HOME DEPOT COM 437076102 12409 248500 SH SOLE 248500
INTEL CORPORATION COM 458140100 14024 104900 SH SOLE 104900
INTERNATIONAL RECTIFIER CORP. COM 460254105 2016 36000 SH SOLE 33200
INTERNET SECURITY SYSTEMS COM 46060X107 2616 26500 SH SOLE 24200
J D S UNIPHASE CORP. COM 46612J101 14097 117600 SH SOLE 117600
JABIL CIRCUIT INC. COM 466313103 2491 50200 SH SOLE 46100
KOHLS CORPORATION COM 500255104 11425 205400 SH SOLE 205400
LILLY ELI & COMPANY COM 532457108 7221 72300 SH SOLE 72300
MEDIMMUNE INC. COM 584699102 2324 31400 SH SOLE 29000
MERCK & COMPANY COM 589331107 12835 167500 SH SOLE 167500
MERCURY INTERACTIVE CORP. COM 589405109 2419 25000 SH SOLE 23000
MICREL INC. COM 594793101 1738 40000 SH SOLE 36800
MICROMUSE INC. COM 595094103 2929 17700 SH SOLE 16600
MICROSOFT CORPORATION COM 594918104 11992 149900 SH SOLE 149900
ORACLE SYSTEMS CORPORATION COM 68389X105 11878 141300 SH SOLE 141300
PANAMSAT CORPORATION COM 697933109 1402 32100 SH SOLE 29400
PAYCHEX INC. COM 704326107 2029 48300 SH SOLE 44350
PE CORP. CELERA GENOMICS GROUP COM 69332S201 1288 14000 SH SOLE 12900
PFIZER INC. COM 717081103 14472 301500 SH SOLE 301500
R&B FALCON CORP. COM 74912E101 1272 54000 SH SOLE 49700
RAMBUS INC. COM 750917106 3492 33900 SH SOLE 31500
REDBACK NETWORKS COM 757209101 3027 16900 SH SOLE 15600
S D L INC. COM 784076101 9069 31800 SH SOLE 31800
SCIENTIFIC ATLANTA INC. COM 808655104 2339 31400 SH SOLE 28700
SEPRACOR INCORPORATED COM 817315104 1785 14800 SH SOLE 13600
STARBUCKS CORP. COM 855244109 1787 46800 SH SOLE 42900
STRYKER CORPORATION COM 863667101 1938 44300 SH SOLE 40600
SUN MICRO SYSTEMS COM 866810104 12558 138100 SH SOLE 138100
TELLABS, INCORPORATED COM 879664100 12202 178300 SH SOLE 178300
TEXAS INSTRUMENTS INC. COM 882508104 10640 154900 SH SOLE 154900
TIBCO SOFTWARE INC COM 88632Q103 2434 22700 SH SOLE 20900
TYCO INTERNATIONAL LTD. COM 902124106 11796 249000 SH SOLE 249000
VERITAS SOFTWARE CORP. COM 923436109 10273 90900 SH SOLE 90900
WALGREEN COMPANY COM 931422109 11214 348400 SH SOLE 348400
WILLIAMS COMMUNICATIONS GROUP COM 969455104 7036 212000 SH SOLE 212000
XILINX INC. COM 983919101 14085 170600 SH SOLE 170600
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