BRIDGES INVESTMENT COUNSEL INC/
13F-HR, 1999-05-13
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    FORM 13F

                              FORM 13F COVER PAGE


Report for the Calendar Quarter Ended:  March 31, 1999

Check here if Amendment [   ]; Amendment Number:
This Amendment (Check only one.):  [  ] is a restatement.
                                   [  ] adds new holdings entries.

Institutional Investment Manager Filing this report:

Name:     Bridges Investment Counsel, Inc.
Address:  8401 West Dodge Road, Suite 256
          Omaha, Nebraska, 68114

13F File Number:  28-4936

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:


Name:     Edson L. Bridges II
Title:    President
Phone:    402-397-4700
Signature, Place, and Date of Signing:

     Edson L. Bridges II    Omaha, Nebraska  68114    May 13, 1999


Report Type (Check only one.):

[ X]      13F HOLDINGS REPORT.

[  ]      13F NOTICE.

[  ]      13F COMBINATION REPORT.


List of Other Managers Reporting for this Manager:



I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.


<PAGE>



                             FORM 13F SUMMARY PAGE




Report Summary:

Number of Other Included Managers:           1

Form 13F Information Table Entry Total:      422

Form 13F Information Table Value Total:      $689,492,000




List of Other Included Managers:

No.    13F File Number         Name

01             *               Provident Trust Company


* Our Firm's first Form 13F was filed 3/31/95; we have not yet received a 13F
File Number from the SEC.


<PAGE>









<PAGE>
<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>
AIRTOUCH COMM CONV PFD 4.25% S                  00949T308      846     6288 SH       SOLE                     3000      200     3088
                                                               592     4400 SH       DEFINED 01                                 4400
CENDANT CORP 7.50% CV SERIES I                  151313301      288    10000 SH       SOLE                              1900     8100
                                                               169     5850 SH       DEFINED 01                                 5850
                                                                 4      150 SH       OTHER                                       150
ABBOTT LABS COM                                 002824100     6411   136940 SH       SOLE                    15000    53200    68740
                                                              4936   105450 SH       DEFINED 01                        5900    99550
AIRTOUCH COMMUNICATION COM                      00949T100     5072    52489 SH       SOLE                     8000    20700    23789
                                                              2734    28300 SH       DEFINED 01                        4450    23850
ALBERTSONS INC COM                              013104104      834    15320 SH       SOLE                     5000      320    10000
                                                               403     7400 SH       DEFINED 01                                 7400
ALIANT COMMUNICATIONS                           016090102      519    12680 SH       DEFINED 01                                12680
ALLIEDSIGNAL INC COM                            019512102       10      200 SH       SOLE                                        200
                                                               355     7216 SH       DEFINED 01                                 7216
ALLSTATE CORP COM                               020002101       27      734 SH       SOLE                                        734
                                                                17      462 SH       DEFINED 01                                  462
ALTERA CORP COM                                 021441100     2004    33675 SH       SOLE                     2000    16800    14875
                                                               292     4900 SH       DEFINED 01                        1500     3400
AMERICA FIRST MORTGAGE INVESTM                  023934102       75    16415 SH       DEFINED 01                                16415
AMERICA ONLINE INC COM                          02364j104     9922    67500 SH       SOLE                     7000    25000    35500
                                                              4491    30550 SH       DEFINED 01                        5600    24950
AMERICAN ELEC PWR INC COM                       025537101       48     1200 SH       SOLE                                       1200
                                                                40     1000 SH       DEFINED 01                                 1000
AMERICAN EXPRESS CO COM                         025816109     1754    14900 SH       SOLE                     2000     4000     8900
                                                               265     2250 SH       DEFINED 01                         600     1650
AMERICAN GENERAL CORP COM                       026351106      120     1700 SH       SOLE                                       1700
                                                                46      647 SH       DEFINED 01                                  647
AMERICAN GOLF CAR INC COM                       026699991      100   100000 SH       DEFINED 01                               100000
AMERICAN HOME PRODS CP COM                      026609107     3328    51005 SH       SOLE                                      51005
                                                              2031    31120 SH       DEFINED 01                                31120
AMERICAN INTL GROUP COM                         026874107     5899    48906 SH       SOLE                     2500    18168    28238
                                                              1805    14962 SH       DEFINED 01                        1500    13462
AMERICAN STATES WATER CO COM                    029899101      478    19692 SH       SOLE                             19692        
AMERITECH CORP NEW COM                          030954101      227     3944 SH       SOLE                                       3944
                                                               425     7372 SH       DEFINED 01                                 7372
AMGEN INC COM                                   031162100     3193    42650 SH       SOLE                     6000    13800    22850
                                                               626     8354 SH       DEFINED 01                        1000     7354
ANHEUSER BUSCH COS INC COM                      035229103     2275    29884 SH       DEFINED 01                                29884
AT HOME CORPORATION                             045919107     1469     9325 SH       SOLE                     1000     3200     5025
                                                               350     2225 SH       DEFINED 01                                 2225
AT&T CORP COM                                   001957109      204     2555 SH       SOLE                                       2555
                                                               163     2043 SH       DEFINED 01                                 2043
ATLANTIC RICHFIELD CO COM                       048825103     1353    18500 SH       SOLE                     4000     7000     7500
                                                               937    12820 SH       DEFINED 01                                12820
AUTOMATIC DATA PROCESSING COM                   053015103       33      800 SH       SOLE                                        800
                                                              1146    27700 SH       DEFINED 01                                27700
BANK ONE CORP COM                               06423A103      306     5565 SH       SOLE                               212     5353
                                                               162     2948 SH       DEFINED 01                                 2948
BANKAMERICA CORPORATION                         06605F102       40      572 SH       SOLE                                        572
                                                               141     2000 SH       DEFINED 01                                 2000
BANTA CORP COM                                  066821109      171     9000 SH       SOLE                                       9000
                                                               305    16030 SH       DEFINED 01                                16030
BAUSCH & LOMB INC COM                           071707103      205     3150 SH       SOLE                                       3150
BECTON DICKINSON & CO COM                       075887109      276     7200 SH       SOLE                                       7200
BELL ATLANTIC CORP COM                          077853109      166     3220 SH       SOLE                                       3220
                                                               141     2734 SH       DEFINED 01                                 2734
BELLSOUTH CORP COM                              079860102      228     5700 SH       SOLE                               200     5500
                                                               646    16136 SH       DEFINED 01                                16136
BERKSHIRE HATHAWAY INC CLASS A                  084670108     6069       85 SH       SOLE                                         85
                                                             32630      457 SH       DEFINED 01                                  457
BERKSHIRE HATHAWAY INC CLASS B                  084670207      736      313 SH       SOLE                      210               103
                                                               865      368 SH       DEFINED 01                                  368
                                                                12        5 SH       OTHER                                         5
BOEING CO COM                                   097023105     5542   163010 SH       SOLE                    12000    21300   129710
                                                              2273    66844 SH       DEFINED 01                                66844
                                                                22      650 SH       OTHER                                       650
BP AMOCO PLC SPONS ADR                          055622104     2285    22626 SH       SOLE                     6616             16010
                                                              1989    19694 SH       DEFINED 01                                19694
BRISTOL MYERS SQUIBB COM                        110122108     1922    29980 SH       SOLE                     8000     2100    19880
                                                              2933    45740 SH       DEFINED 01                                45740
                                                                26      400 SH       OTHER                                       400
BUCKEYE PARTNERS L P UNIT LTD                   118230101      431    15800 SH       SOLE                                      15800
                                                               599    21980 SH       DEFINED 01                                21980
BURLINGTON NORTHN INC COM                       12189T104      109     3312 SH       SOLE                                       3312
                                                               254     7734 SH       DEFINED 01                                 7734
BURLINGTON RES INC COM                          122014103       82     2043 SH       SOLE                                       2043
                                                                28      700 SH       DEFINED 01                                  700
CAMPBELL SOUP CO COM                            134429109     2812    69110 SH       DEFINED 01                                69110
CAPITAL ONE FINANCIAL COM                       14040H105    10649    70525 SH       SOLE                    11000    22500    37025
                                                              4685    31025 SH       DEFINED 01                        4350    26675
CARDINAL HEALTH INC COM                         14149Y108     1706    25850 SH       SOLE                     2000    14200     9650
                                                               401     6074 SH       DEFINED 01                        2599     3475
CATERPILLAR INC DEL COM                         149123101      496    10800 SH       SOLE                             10000      800
CENTRAL & SOUTH WEST CORP COM                   152357109       75     3211 SH       SOLE                                       3211
                                                                30     1300 SH       DEFINED 01                                 1300
CHANCELLOR MEDIA CORP COM                       158915108      613    13000 SH       SOLE                     2000     4000     7000
                                                                 9      200 SH       DEFINED                                     200
CHASE MANHATTAN CORP COM                        16161A108      643     7902 SH       SOLE                     2000     3000     2902
                                                               155     1900 SH       DEFINED 01                                 1900
CHEVRON CORPORATION COM                         166751107     4276    48184 SH       SOLE                    10000    13650    24534
                                                              2645    29798 SH       DEFINED 01                        2000    27798
                                                                35      400 SH       OTHER                                       400
CINTAS CORP COM                                 172908105     1294    19800 SH       SOLE                     4000     7300     8500
CISCO SYS INC COM                               17275R102     9391    85711 SH       SOLE                     9000    30062    46524
                                                              3783    34527 SH       DEFINED 01                        7660    26867
CITIGROUP COM                                   172967101      738    11549 SH       SOLE                              4250     7299
                                                               333     5219 SH       DEFINED 01                         625     4594
                                                                24      375 SH       OTHER                                       375
CITIZENS UTILS CO DEL CL B                      177342995      116    15000 SH       DEFINED 01                                15000
CITIZENS UTILS CO DEL CL B                      177342201      156    20092 SH       SOLE                                      20092
CLEAR CHANNEL COMMUNICATIONS I                  184502102     3397    50650 SH       SOLE                    10000    18000    22650
                                                              1187    17700 SH       DEFINED 01                        3550    14150
CLOROX CO DEL COM                               189054109      434     3700 SH       SOLE                                       3700
COCA COLA CO COM                                191216100      922    15025 SH       SOLE                     1000             14025
                                                              6543   106602 SH       DEFINED 01                        1000   105602
                                                                12      200 SH       OTHER                                       200
COLGATE PALMOLIVE CO COM                        194162103      184     2000 SH       SOLE                                       2000
                                                                74      800 SH       DEFINED 01                                  800
COMCAST CORP CL A SPL                           200300200     4733    75200 SH       SOLE                     3000    34000    38200
                                                              1064    16908 SH       DEFINED 01                        3900    13008
COMPAQ COMPUTER CORP COM                        204493100     4416   139345 SH       SOLE                    10000    68650    60695
                                                               449    14154 SH       DEFINED 01                         500    13654
CONAGRA INC COM                                 205887102      870    33934 SH       SOLE                                      33934
                                                              1744    68053 SH       DEFINED 01                         200    67853
                                                                15      600 SH       OTHER                                       600
CONSOLIDATED PAPERS COM                         209759109      108     4600 SH       SOLE                                       4600
                                                                89     3800 SH       DEFINED 01                                 3800
CORNERSTONE REALTY INCOME                       21922V102        8      800 SH       SOLE                                        800
                                                                46     4300 SH       DEFINED 01                                 4300
CORNING INC COM                                 219350105       72     1200 SH       SOLE                                       1200
CSG SYSTEMS INTERNATIONAL INC                   126349109     1747    44300 SH       SOLE                    11000    19500    13800
                                                               607    15400 SH       DEFINED 01                        3500    11900
DAYTON HUDSON CORP COM                          239753106     1636    24553 SH       SOLE                    15000              9553
                                                              1412    21200 SH       DEFINED 01                                21200
DELL COMPUTER COM                               247025109     1626    39780 SH       SOLE                     3000    27100     9430
                                                               552    13500 SH       DEFINED 01                        2400    11100
                                                                 4      100 SH       OTHER                                       100
DISNEY WALT CO DEL COM                          254687106     6377   204880 SH       SOLE                    22000    65780   117100
                                                              3500   112441 SH       DEFINED 01                       15300    97141
                                                                19      600 SH       OTHER                                       600
DOW CHEM CO COM                                 260543103     1242    13331 SH       SOLE                     5000      100     8231
                                                              1329    14262 SH       DEFINED 01                                14262
DU PONT E I DE NEMOURS COM                      263534109     1037    17852 SH       SOLE                     8000              9852
                                                              5119    88162 SH       DEFINED 01                                88162
E M C CORP MASS COM                             268648102     5522    43225 SH       SOLE                     8000    15700    19525
                                                               990     7750 SH       DEFINED 01                        1000     6750
E*TRADE GROUP                                   269246104      700    12000 SH       SOLE                     2000     5000     5000
EAGLE USA AIRFREIGHT INC                        270018104     4543   139800 SH       SOLE                    22000    58700    59100
                                                              2443    75175 SH       DEFINED 01                       13450    61725
EASTMAN KODAK CO COM                            277461109      435     6814 SH       SOLE                                       6814
                                                               182     2855 SH       DEFINED 01                                 2855
ELAN PLC ADR                                    284131208     6255    89675 SH       SOLE                    10000    27500    52175
                                                              1435    20575 SH       DEFINED 01                        2300    18275
EMERSON ELEC CO COM                             291011104       95     1800 SH       SOLE                                       1800
                                                                64     1200 SH       DEFINED 01                                 1200
EQUITY RESIDENTIAL PROPS TR                     29476L107       68     1650 SH       SOLE                               300     1350
                                                                78     1900 SH       DEFINED 01                                 1900
ERICSSON L M TEL CO ADR CL B S                  294821400     1469    61700 SH       SOLE                             41000    20700
                                                               271    11400 SH       DEFINED 01                        5800     5600
EXXON CORP COM                                  302290101     3290    46629 SH       SOLE                     8000    10400    28229
                                                              1932    27386 SH       DEFINED 01                        2800    24586
                                                                14      200 SH       OTHER                                       200
FDX CORP COM                                    31304N107     4915    52850 SH       SOLE                             23900    28950
                                                               646     6950 SH       DEFINED 01                        2600     4350
FEDERAL NATL MTG ASSN COM                       313586109     2802    40460 SH       SOLE                             20560    19900
                                                               145     2100 SH       DEFINED 01                                 2100
                                                                55      800 SH       OTHER                                       800
FINOVA                                          317928109      379     7300 SH       SOLE                     2000      300     5000
                                                               116     2242 SH       DEFINED 01                                 2242
FIRST DATA CORP COM                             319963104     1715    40126 SH       SOLE                              4000    36126
                                                              1194    27930 SH       DEFINED 01                        5900    22030
                                                                21      500 SH       OTHER                                       500
FIRST NATIONAL OF NEBRASKA INC                  335720108     3156     1052 SH       SOLE                      230      468      354
                                                              3000     1000 SH       DEFINED 01                          27      973
FIRST UNION CORP                                337358105     5948   111314 SH       SOLE                               130   111184
                                                               134     2500 SH       DEFINED 01                                 2500
                                                                 5      100 SH       OTHER                                       100
FISERV INC WISCONSIN COM                        337738108      362     6750 SH       SOLE                              3750     3000
FORD MOTOR CO COM                               345370100       85     1500 SH       SOLE                                       1500
                                                               174     3073 SH       DEFINED 01                                 3073
FPL GROUP INC COM                               302571104       48      900 SH       SOLE                                        900
                                                                72     1357 SH       DEFINED 01                                 1357
FREDDIE MAC COM                                 313400301    13148   229415 SH       SOLE                    30000    87640   111775
                                                              5269    91940 SH       DEFINED 01                       12600    79340
GANNETT INC COM                                 364730101     1890    30000 SH       SOLE                     8000    12000    10000
                                                               813    12900 SH       DEFINED 01                                12900
GAP INC DEL COM                                 364760108    16110   239325 SH       SOLE                    30000   103950   105375
                                                              5287    78540 SH       DEFINED 01                        8850    69690
GATEWAY 2000 INC COM                            367833100       62      900 SH       SOLE                                        900
                                                                27      400 SH       DEFINED 01                                  400
GENERAL ELEC CO COM                             369604103     8612    77852 SH       SOLE                     8000    10950    58902
                                                              5435    49130 SH       DEFINED 01                        1400    47730
GENERAL MILLS INC COM                           370334104       15      200 SH       SOLE                                        200
                                                               117     1550 SH       DEFINED 01                                 1550
GENERAL MOTORS CORP COM                         370442105      244     2808 SH       SOLE                                       2808
                                                               590     6783 SH       DEFINED 01                                 6783
GILLETTE CO COM                                 375766102     2567    43182 SH       SOLE                              2200    40982
                                                               352     5930 SH       DEFINED 01                         600     5330
                                                                12      200 SH       OTHER                                       200
GTE CORP COM                                    362320103      388     6408 SH       SOLE                                       6408
                                                               679    11229 SH       DEFINED 01                                11229
                                                                24      400 SH       OTHER                                       400
GULFSTREAM AEROSPACE CORP                       402734107     1784    41125 SH       SOLE                     6000    16800    18325
                                                               802    18500 SH       DEFINED 01                        5800    12700
HALLIBURTON CO COM                              406216101      192     5000 SH       SOLE                                       5000
                                                                38     1000 SH       DEFINED 01                                 1000
HALTER MARINE GROUP INC COM                     40642Y105       27     4698 SH       SOLE                                       4698
                                                                18     3181 SH       DEFINED 01                                 3181
HELMERICH & PAYNE                               423452101      231    10200 SH       SOLE                             10000      200
                                                                89     3940 SH       DEFINED 01                                 3940
                                                                 5      200 SH       OTHER                                       200
HEWLETT PACKARD CO COM                          428236103     1536    22650 SH       SOLE                     6000             16650
                                                               607     8950 SH       DEFINED 01                         500     8450
HNC SOFTWARE INC COM                            40425P107     3747   114400 SH       SOLE                    16000    41500    56900
                                                              2161    66000 SH       DEFINED 01                       11700    54300
                                                                13      400 SH       OTHER                                       400
HOME DEPOT INC COM                              437076102     6539   105050 SH       SOLE                    18000    39250    47700
                                                              2201    35352 SH       DEFINED 01                        5152    30200
                                                                12      200 SH       OTHER                                       200
I2 TECHNOLOGIES, INC.                           465754109      507    19050 SH       SOLE                     5000     6500     7550
                                                               124     4650 SH       DEFINED 01                        1000     3650
ING GROEP N.V.                                  456837103     5768   105000 SH       DEFINED 01                               105000
INTEL CORP.                                     458140100     9919    83440 SH       SOLE                    10000    31780    41660
                                                              4833    40660 SH       DEFINED 01                        6260    34400
                                                                12      100 SH       OTHER                                       100
INTERNATIONAL BUS MACH COM                      459200101      432     2437 SH       SOLE                                       2437
                                                               438     2470 SH       DEFINED 01                                 2470
                                                                35      200 SH       OTHER                                       200
INTERPUBLIC GROUP COS COM                       460690100      989    12700 SH       SOLE                     2000     4000     6700
                                                                62      800 SH       DEFINED 01                                  800
JOHNSON & JOHNSON COM                           478160104     3636    38886 SH       SOLE                    10000    14750    14136
                                                              2524    27000 SH       DEFINED 01                        2800    24200
JUSTIN INDS INC COM                             482171105      115    10500 SH       SOLE                                      10500
                                                               226    20550 SH       DEFINED 01                                20550
KIMBERLY CLARK CORP COM                         494368103       48     1000 SH       SOLE                                       1000
                                                                38      800 SH       DEFINED 01                                  800
KIMCO REALTY CORP COM                           49446r109       50     1350 SH       SOLE                               200     1150
                                                                74     2000 SH       DEFINED 01                                 2000
KINDER MORGAN ENERGY PARTNERS                   494550106      103     2988 SH       SOLE                                       2988
                                                               284     8201 SH       DEFINED 01                                 8201
LEGGETT & PLATT INC COM                         524660107     3228   161400 SH       SOLE                                     161400
                                                              1256    62800 SH       DEFINED 01                                62800
LEVEL 3 COMMUNICATIONS                          52729N100     5780    79375 SH       SOLE                    12000    23700    43675
                                                              3894    53481 SH       DEFINED 01                        7200    46281
                                                                29      400 SH       OTHER                                       400
LILLY ELI & CO COM                              532457108      611     7200 SH       SOLE                               200     7000
                                                               373     4400 SH       DEFINED 01                                 4400
                                                                 8      100 SH       OTHER                                       100
LOEWS CORP COM                                  540424108      142     1900 SH       DEFINED 01                                 1900
LUCENT TECHNOLOGIES COM                         549463107      334     3088 SH       SOLE                               100     2988
                                                               383     3548 SH       DEFINED 01                                 3548
MBIA INC COM                                    55262C100     4127    71150 SH       SOLE                     8000    29900    33250
                                                              1416    24415 SH       DEFINED 01                        2600    21815
MBNA CORP COM                                   55262L100     2496   104554 SH       SOLE                    15000    71350    18204
                                                               589    24686 SH       DEFINED 01                        6261    18425
MCDONALDS CORP COM                              580135101      178     3920 SH       SOLE                               440     3480
                                                               553    12202 SH       DEFINED 01                                12202
                                                                45     1000 SH       OTHER                                      1000
MCI WORLDCOM INC COM                            55268B106    11944   134865 SH       SOLE                    13000    54580    67160
                                                              5342    60318 SH       DEFINED 01                       11500    48818
MEDIAONE GROUP INC COM                          58440J104      393     6194 SH       SOLE                                       6194
                                                               597     9408 SH       DEFINED 01                                 9408
MEDTRONIC INC                                   585055106      107     1490 SH       SOLE                              1030      460
                                                                81     1130 SH       DEFINED 01                                 1130
MELLON BK CORP COM                              585509102     1698    24125 SH       SOLE                             13000    11125
                                                               130     1850 SH       DEFINED 01                                 1850
MEMBERWORKS INC COM                             586002107     9240   254900 SH       DEFINED 01                               254900
MERCK & CO INC COM                              589331107    13023   162539 SH       SOLE                    16000    40760   105779
                                                              5458    68114 SH       DEFINED 01                        6000    62114
                                                                48      600 SH       OTHER                                       600
MERRILL LYNCH & CO INC COM                      590188108     1197    13525 SH       SOLE                     3000     3000     7400
                                                               323     3650 SH       DEFINED 01                         100     3550
MGIC INVESTMENT CORP COM                        552848103     1336    38100 SH       SOLE                     4000    22400    11700
                                                               338     9650 SH       DEFINED 01                        1650     8000
MICROSOFT CORP COM                              594918104    18514   206567 SH       SOLE                    20000    73892   112675
                                                              7246    80850 SH       DEFINED 01                       14960    65890
MIDAMERICAN ENERGY HOLDINGS CO                  59562v107       48     1700 SH       SOLE                                       1700
                                                               252     8985 SH       DEFINED 01                          85     8900
MIDWEST U-TEST-M INC                            598398907       10    10050 SH       DEFINED 01                                10050
MINNESOTA MNG & MFG CO COM                      604059105      221     3122 SH       SOLE                                       3122
                                                               403     5700 SH       DEFINED 01                                 5700
MOBIL CORP COM                                  607059102     1587    18032 SH       SOLE                     4000             14032
                                                              1294    14710 SH       DEFINED 01                        1400    13310
MONSANTO CO                                     611662107      919    20000 SH       SOLE                    10000             10000
                                                              1150    25025 SH       DEFINED 01                                25025
MONTANA POWER CO COM                            612085100       81     1100 SH       SOLE                                       1100
                                                               100     1354 SH       DEFINED 01                                 1354
MORGAN STANLEY, DEAN WITTER, D                  617446448     2709    27106 SH       SOLE                     3000    13000    11106
                                                               385     3850 SH       DEFINED 01                         800     3050
MOTOROLA INC COM                                620076109      571     7800 SH       SOLE                                       7800
                                                               662     9040 SH       DEFINED 01                                 9040
                                                                29      400 SH       OTHER                                       400
NETWORK ASSOCIATES INC COM                      640938106     1255    40887 SH       SOLE                     4500    18700    17437
                                                               424    13825 SH       DEFINED 01                        2450    11375
                                                                 9      300 SH       OTHER                                       300
NIKE INC CL B                                   654106103     4315    74800 SH       SOLE                     5000    35450    34350
                                                               869    15060 SH       DEFINED 01                        3860    11200
NOKIA CORP SPONSORED ADR                        654902204     4758    30550 SH       SOLE                     6000    10150    14400
                                                              1682    10800 SH       DEFINED 01                        2600     8200
NUCOR CORP COM                                  670346105     1652    37500 SH       SOLE                     4500    18650    14350
                                                               430     9750 SH       DEFINED 01                        2900     6850
OPPORTUNITY CAPITAL FUND L.P.                   682500905     1012      147 SH       DEFINED 01                                  147
ORACLE CORP COM                                 68389X105      541    20512 SH       SOLE                               750    19762
                                                                95     3600 SH       DEFINED 01                                 3600
OUTDOOR SYSTEMS                                 690057104     2139    71300 SH       SOLE                    19050    19600    32650
                                                               860    28675 SH       DEFINED 01                        5750    22925
P G & E CORPORATIOIN COM                        69331C108       57     1824 SH       SOLE                                       1824
                                                               239     7678 SH       DEFINED 01                                 7678
PAYCHEX INC                                     704326107      474    10000 SH       SOLE                     1000     7000     2000
PENNEY J C INC COM                              708160106      196     4850 SH       SOLE                                       4850
                                                               128     3160 SH       DEFINED 01                                 3160
PEPSICO INC COM                                 713448108     6476   165244 SH       SOLE                    24000    51700    89544
                                                              2930    74779 SH       DEFINED 01                        7700    67079
                                                                24      600 SH       OTHER                                       600
PFIZER INC COM                                  717081103     1393    10040 SH       SOLE                              8740     1300
                                                               672     4843 SH       DEFINED 01                         300     4543
PHILIP MORRIS COS INC COM                       718154107     2008    57060 SH       SOLE                    20000    28620     8440
                                                              1740    49455 SH       DEFINED 01                        2700    46755
                                                                21      600 SH       OTHER                                       600
PHILLIPS PETROLEUM CO COM                       718507106       25      520 SH       SOLE                                        520
                                                               143     3023 SH       DEFINED 01                                 3023
PIMCO ADVISORS HOLDINGS L.P.                    69338P102      138     4400 SH       SOLE                                       4400
                                                               415    13200 SH       DEFINED 01                                13200
                                                                16      500 SH       OTHER                                       500
PLUM CREEK TIMBER DEPOSITARY U                  729237107      315    11050 SH       SOLE                                      11050
                                                               433    15200 SH       DEFINED 01                                15200
PROCTER & GAMBLE CO COM                         742718109     3085    31500 SH       SOLE                             10000    21500
                                                              1479    15100 SH       DEFINED 01                                15100
PROMUS HOTEL CORP COM                           74342P106       12      323 SH       SOLE                                        323
PROVIDIAN FINANCIAL                             74406A102     1116    10150 SH       SOLE                     2000     4150     4000
QUAKER OATS CO COM                              747402105       56      900 SH       SOLE                                        900
                                                                77     1230 SH       DEFINED 01                                 1230
QUALCOMM INC COM                                747525103     3619    29100 SH       SOLE                     5000    11800    12300
                                                              1147     9225 SH       DEFINED 01                        1400     7825
                                                                25      200 SH       OTHER                                       200
QWEST COMMUNICATIONS INTL                       749121109     1282    17783 SH       SOLE                              5583    12200
                                                               245     3400 SH       DEFINED 01                                 3400
R & B FALCON CORPORATION COM                    74912E101      298    34500 SH       SOLE                             17400    17100
                                                               237    27500 SH       DEFINED 01                       10000    17500
                                                                 2      200 SH       OTHER                                       200
RCN CORPORATION COM                             749361101      326     9700 SH       SOLE                     1000     5000     3700
                                                                30      900 SH       DEFINED 01                                  900
                                                                62     1850 SH       OTHER                                      1850
REUTERS GROUP PLC-SPONS ADR                     76132M102     4075    46907 SH       SOLE                     5199    18794    22914
                                                              1410    16228 SH       DEFINED 01                        1500    14728
ROYAL DUTCH PETROLEUM CO COM                    780257804      104     2000 SH       SOLE                                       2000
                                                               222     4268 SH       DEFINED 01                                 4268
RUBY TUESDAY INC COM                            781182100      102     5898 SH       SOLE                                       5898
                                                               156     9000 SH       DEFINED 01                                 9000
SBC COMMUNICATIONS INC COM                      78387G103      754    15976 SH       SOLE                               200    15776
                                                              1388    29422 SH       DEFINED 01                                29422
SCHERING PLOUGH CORP COM                        806605101      133     2400 SH       SOLE                                       2400
SCHLUMBERGER LTD COM                            806857108      241     4000 SH       SOLE                                       4000
                                                               794    13200 SH       DEFINED 01                                13200
                                                                12      200 SH       OTHER                                       200
SCHWAB CHARLES CORP COM                         808513105      278     2887 SH       SOLE                              1800     1087
                                                               151     1575 SH       DEFINED 01                                 1575
SIMON PROPERTY GROUP INC COM                    828806109       51     1850 SH       SOLE                               350     1500
                                                                58     2125 SH       DEFINED 01                                 2125
SMITHKLINE BEECHAM PLC ADR REP                  832378301      129     1800 SH       SOLE                                       1800
SOLECTRON CORP COM                              834182107     5463   112500 SH       SOLE                    12000    54400    46100
                                                              2302    47400 SH       DEFINED 01                       10800    36600
SPRINT CORP COM                                 852061100      994    10132 SH       SOLE                     5000              5132
                                                               686     6990 SH       DEFINED 01                                 6990
SPRINT PCS CORP                                 852061506      224     5065 SH       SOLE                     2500              2565
                                                               155     3494 SH       DEFINED 01                                 3494
STATE STREET CORP COM                           857477103     6066    73750 SH       SOLE                     8000    32775    32975
                                                              2959    35970 SH       DEFINED 01                        3870    32100
STERIS CORP COM                                 859152100      389    14600 SH       SOLE                     6000     6600     2000
                                                                27     1000 SH       DEFINED 01                                 1000
STORAGE USA INC COM                             861907103       95     3350 SH       SOLE                               350     3000
                                                                62     2175 SH       DEFINED 01                                 2175
SUN MICROSYSTEMS INC COM                        866810104     2614    20900 SH       SOLE                     2000     5200    13600
                                                               438     3500 SH       DEFINED 01                                 3500
SUNGARD DATA SYSTEMS                            867363103      640    16000 SH       SOLE                              5000    11000
                                                                66     1650 SH       DEFINED 01                                 1650
SYLVAN LEARNING SYSTEM COM                      871399101      951    34750 SH       SOLE                     7500    13250    14000
                                                               165     6025 SH       DEFINED 01                        3000     3025
TEPPCO PARTNERS L P UT LTD PAR                  872384102       20      800 SH       SOLE                                        800
                                                                76     3000 SH       DEFINED 01                                 3000
TEXACO INC COM                                  881694103      270     4763 SH       SOLE                               100     4663
                                                               869    15314 SH       DEFINED 01                                15314
TEXAS INSTRUMENTS INC COM                       882508104       50      500 SH       DEFINED                                     500
TEXAS UTILITIES CO COM                          882848104      170     4050 SH       SOLE                               400     3650
                                                               118     2820 SH       DEFINED 01                                 2820
TIME WARNER INC COM                             887315109      276     3896 SH       SOLE                                       3896
                                                               130     1840 SH       DEFINED 01                                 1840
TRANSACTION SYSTEMS ARCHITECTS                  893416107     6442   178950 SH       SOLE                    25000    63200    90550
                                                              2824    78450 SH       DEFINED 01                       11100    67350
                                                                18      500 SH       OTHER                                       500
TRINITY INDS INC COM                            896522109      275     9345 SH       SOLE                                       9345
                                                               291     9900 SH       DEFINED 01                                 9900
TYCO INTERNATIONAL                              902124106     1420    19796 SH       SOLE                               300    19496
                                                              1188    16564 SH       DEFINED 01                                16564
U S WEST INC (NEW) COM                          91273H101      786    14279 SH       SOLE                               500    13779
                                                              1098    19936 SH       DEFINED 01                                19936
U.S. BANCORP COM (NEW)                          902973106     3566   104703 SH       SOLE                     2000    40180    62323
                                                              4711   138314 SH       DEFINED 01                               138314
UNION CAMP CORP COM                             905530101      181     2700 SH       DEFINED 01                                 2700
UNION PACIFIC CORP COM                          907818108      510     9548 SH       SOLE                     4000              5548
                                                              1565    29289 SH       DEFINED 01                                29289
UNION PACIFIC RESOURCES GROUP                   907834105       26     2154 SH       SOLE                                       2154
                                                               268    22607 SH       DEFINED 01                                22607
UNITED TECHNOLOGIES CP COM                      913017109      371     2740 SH       SOLE                                       2740
                                                               704     5200 SH       DEFINED 01                                 5200
VODAFONE GROUP PLC SPONSORED A                  92857T107     3497    18625 SH       SOLE                     3000     7900     7725
                                                               743     3960 SH       DEFINED 01                         860     3100
WAL MART STORES INC COM                         931142103      655     7100 SH       SOLE                               200     6900
                                                               968    10500 SH       DEFINED 01                                10500
WARNER LAMBERT CO COM                           934488107       60      900 SH       SOLE                               300      600
                                                               533     8040 SH       DEFINED 01                                 8040
WEEKS CORP COM                                  94856P102       80     2800 SH       SOLE                               200     2600
                                                                63     2200 SH       DEFINED 01                                 2200
                                                                 6      200 SH       OTHER                                       200
WELLS FARGO & CO DEL COM (NEW)                  949746101     4985   142168 SH       SOLE                    10000    64068    68100
                                                              1075    30670 SH       DEFINED 01                        6500    24170
WEST TELESERVICES                               956188106     3745   440550 SH       SOLE                    50000   164300   226000
                                                              1915   225305 SH       DEFINED 01                       38400   186905
WEYERHAEUSER CO COM                             962166104       39      700 SH       SOLE                                        700
                                                                78     1400 SH       DEFINED 01                                 1400
WILLIAMS COS INC DEL COM                        969457100       79     1998 SH       DEFINED 01                                 1998
WILLIAMS SONOMA INC COM                         969904101       48     1700 SH       SOLE                              1400      300
                                                                17      600 SH       DEFINED 01                                  600
XEROX CORP COM                                  984121103      240     4600 SH       SOLE                                       4600
                                                               407     7800 SH       DEFINED 01                                 7800
WEST TELESERVICES                               956188106    14764  1736967 SH       DEFINED 01                              1736967
ASH GROVE CEMENT CO                             043693100     1006    10400 SH       SOLE                                      10400
ASH GROVE CEMENT CO - CLASS B                   043693308     1006    10400 SH       SOLE                                      10400
FIRST NATIONAL OF NEBRASKA INC                               31488    10496 SH       SOLE                                      10496
OMAHA JEWELRY CORP                                             514      103 SH       SOLE                                        103
PROVIDENT TRUST COMPANY                         743945107      438    27762 SH       SOLE                                      27762
                                                               428    27151 SH       DEFINED 01                                27151
</TABLE>


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