SECURITIES AND EXCHANGE COMMISSION
                                
                      Washington D.C. 20549
                                
                            FORM 11-K
                                
     FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS
       AND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934
                                
     (Mark One)

        [ x ] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
               EXCHANGE ACT OF 1934

      For the fiscal year ended November 30, 1999

                               OR

        [    ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
               EXCHANGE ACT OF 1934

      For the transition period from ___ to ___

      Commission File No. 1 - 6033

              A.  United Air Lines, Inc.
                    Pilots'Directed Account Retirement Income Plan
                    ----------------------------------------------
                   (Full title of the Plan)

                    United Air Lines, Inc.
                    ----------------------
                   (Employer sponsoring the Plan)


               B.  UAL Corporation
                   ---------------
                    (Issuer of the shares held pursuant to the Plan)

                    1200 Algonquin Road, Elk Grove Township, Illinois
                    Mailing Address: P.O. Box 66100, Chicago, Illinois  60666
                    ---------------------------------------------------------
                   (Address of principal executive offices)

                                
                                
                                
                                

            REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
            ________________________________________
                                
                                
                                
       To the Board of Directors
       of United Air Lines, Inc.:
       
       
       We have audited the accompanying statements of net assets available for
       plan benefits of the United Air Lines, Inc. Pilots' Directed Account
       Retirement Income Plan as of November 30, 1999 and 1998, and the related
       statements of changes in net assets available for plan benefits for the
       years then ended.  These financial statements and supplementary
       schedules referred to below are the responsibility of the Plan's
       Management.  Our responsibility is to express an opinion on these
       financial statements and supplementary schedules based on our audits.
       
       We conducted our audits in accordance with generally accepted auditing
       standards.  Those standards require that we plan and perform the audit
       to obtain reasonable assurance about whether the financial statements
       are free of material misstatement.  An audit includes examining, on a
       test basis, evidence supporting the amounts and disclosures in the
       financial statements.  An audit also includes assessing the accounting
       principles used and significant estimates made by the Plan's
       Management, as well as evaluating the overall financial statement
       presentation. We believe that our audits provide a reasonable basis
       for our opinion.
       
       In our opinion, the financial statements referred to above present
       fairly, in all material respects, the net assets available for plan
       benefits of the United Air Lines, Inc. Pilots' Directed Account
       Retirement Income Plan as of November 30, 1999 and 1998, and the
       changes in its net assets available for plan benefits for the years
       then ended in conformity with generally accepted accounting
       principles.
                                
       Our audits were made for the purpose of forming an opinion on the
       financial statements taken as a whole.  The supplemental schedule of
       reportable transactions or series of transactions and the supplemental
       schedule of plan assets are presented for purposes of additional
       analysis and are not a required part of the basic financial statements
       but are supplementary information required by the Department of Labor's
       Rules and Regulations for Reporting and Disclosure under the Employee
       Retirement Income Security Act of 1974.  The supplemental schedules
       have been subjected to the auditing procedures applied in the audits of
       the basic financial statements and, in our opinion, are fairly stated,
       in all material respects, in relation to the basic financial statements
       taken as a whole.
       
       
       
                               ARTHUR ANDERSEN LLP
       
       
       Chicago, Illinois
       May 26, 2000








                                
                                
                                
                     UNITED AIR LINES, INC.
                     _____________________

         PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
         ________________________________________________

       STATEMENT OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
       ___________________________________________________
                         (In Thousands)

                                          November 30
                                      __________________

                                        1999       1998
                                      __________________

Investments, at fair value
                                                  
  Money Market Fund                   $513,888   $463,277
                                                        
  UAL Stock Fund                       126,444    168,612
                                                        
  Short-Term  Securities Fund           79,415     94,435
                                                        
  Diversified  Bond Fund                96,699    110,935
                                                        
  Government Bond Fund                  43,758     61,359
                                                        
  Income/Value Equity Fund             155,688    161,333
                                                        
  Growth Equity Fund                   407,266    364,349
                                                        
  Small Cap Equity Fund                232,223    232,453
                                                        
  International Equity Fund           171,175     126,292
                                                        
  S & P 500 Index Fund                398,616     377,500
                                                        
  Individual Brokerage Account        159,745     108,092

  Mutual Fund Option                   49,799      47,363
                                                        
  Participant Loan Fund                22,181      23,593
                                                        
                                                        
NET ASSETS AVAILABLE               __________  __________
   FOR PLAN BENEFITS               $2,456,897  $2,339,593
                                   __________  __________
                                   __________  __________



 The accompanying notes to financial statements are an integral
                    part of these statements.
                                
                                
                                
                     UNITED AIR LINES, INC.
                     ______________________

         PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
         ________________________________________________

 STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
 _______________________________________________________________
                         (In Thousands)
                                
                                

                                          Year Ended November 30
                                          ______________________

                                            1999        1998
                                          ______________________
                                                  
NET ASSETS AVAILABLE FOR PLAN BENEFITS,
  beginning of year                     $2,339,593    $2,317,609
                                        -----------   ----------- 
CONTRIBUTIONS                                                      
  Employer                                  11,249        10,430
  Employee                                   4,369         3,645
                                        -----------   -----------
                                            15,618        14,075

TRANSFERS BETWEEN FUNDS                        -             -
                                        -----------   -----------
                                                            
RESULTS OF INVESTMENT ACTIVITY                          
  Dividends                                 14,933        14,972
  Interest                                  50,943        50,275
  Other income (expense), net                2,523         (487)
  Net appreciation                                      
(depreciation)
     in value of investments               323,679       140,176
                                        -----------   -----------
                                                        
                                           392,078       204,936
                                                        
BENEFIT PAYMENTS                          (276,749)     (183,462)
                                        -----------   ------------ 
                                                        
ADMINISTRATIVE EXPENSES                    (13,643)      (13,565)
                                        -----------   ------------
                                                        
NET ASSETS AVAILABLE FOR PLAN BENEFITS,
  end of year                           $2,456,897     $2,339,593
                                        -----------    -----------
                                        -----------    -----------
                                                                 


 The accompanying notes to financial statements are an integral
                    part of these statements.
                                
                                
                                
                     UNITED AIR LINES, INC.
                     ______________________

         PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
         _______________________________________________

                  NOTES TO FINANCIAL STATEMENTS
                  _____________________________
                                
                                
1.   DESCRIPTION OF THE PLAN
     ________________________

     This description is for general information purposes only. Participants
     should refer to their summary plan description for detailed benefit
     information.

     a. General and Plan Participants
        ______________________________
        
        United Air Lines, Inc. ("United") established the Pilots' Variable
        Benefit Retirement Income Plan ("Variable Plan") in 1955 to provide
        retirement income and other benefits for the pilots of United. On
        September 1, 1982 the Variable Plan was amended and restructured,
        retroactive to February 1, 1981, and for active participants is now
        known as the United Air Lines, Inc. Pilots' Directed Account
        Retirement Income Plan (the "Directed Account Plan" or "Plan").
        All active participants in the Variable Plan automatically became
        participants in the Directed Account Plan. Therefore, after these
        actions, the Variable Plan covered essentially only retired
        participants and the Directed Account Plan covered only active
        participants.  The transition from the Variable Plan to the Directed
        Account Plan did not constitute a termination of the Variable Plan.
        The Plan is a defined contribution plan and is subject to the
        Employee Retirement Income Security Act of 1974, as amended.
        
        United pilots are eligible to become participants in the Plan on
        the first anniversary of their initial employment.

     b. Directed Account Plan Investment Options
        ----------------------------------------

        Participants are able to individually allocate their account
        balances among twelve different investment options.  The
        investment funds consist of the Money Market Fund, the UAL Stock Fund,
        the Short-Term Government Securities Fund, the Intermediate/Long-Term
        Bond Fund, the Government Bond Fund, the Income/Value Equity Fund, the
        Growth Equity Fund, the Small Cap Equity Fund, the International Equity
        Fund, the S&P 500 Index Fund, the Individual Brokerage Account Option
        and the Mutual Fund Option.  If a participant does not allocate his
        account balance among the investment funds, his balance will be
        invested in the Money Market Fund. Participants may reallocate
        their fund balances or change their future contribution allocation
        daily.  Automatic daily reallocation is accomplished in three
        Balanced Funds that invest in the other investment funds in
        predetermined portions.
        

        Participants may invest in the UAL Stock Fund only through transfers
        from the Money Market Fund.  Existing balances from Company
        contributions, 401(k) contributions, after-tax contributions, rollover
        contributions from qualified defined contribution plans and earnings
        from all money types may be invested in the UAL Stock Fund.
        
     c. Contributions and Vesting
        -------------------------

        United makes a contribution in an amount equivalent to 1% of a pilot's
        earnings to the Plan.  Company contributions on behalf of a participant
        are allocated directly to each participant's account.  Pilots may also
        elect to voluntarily contribute, in multiples of 1%, any percentage, up
        to 50% (subject to the 25% overall limit discussed below) of each
        paycheck received.   Pilots immediately vest in company and voluntary
        contributions.
        
        Pilot pre-tax election deferrals to the Plan can be made, subject to a
        maximum of $10,000 in 1998 and 1999, on a pretax basis as permitted by
        Section 401(k) of the Internal Revenue Code.  Lower limits may apply to
        certain highly compensated participants if the Plan does not pass
        certain nondiscrimination tests required by law.  Based on expectations
        that no pilot would pass this test for the plan years ending November
        30, 1999 and 1998, pre-tax and post-tax salary deferrals were
        prohibited for those years. During each calendar year a pilot's
        pre-tax election deferrals will be changed from a pretax basis to
        an after tax basis if the pilot elects and if the legal limit for
        pretax contributions is exceeded. Section 415 of the Internal
        Revenue Code limits the total amount of contributions from all
        qualified defined contribution retirement plans to the lesser
        of 25% of annual taxable earnings or $30,000.
        
        Contributions to the Plan include $4,369,100 and $3,646,097 for 1999
        and 1998, respectively, which were transferred from other qualified
        plans as rollovers under Internal Revenue Code Section 402(c) and
        408(d).

     d. Withdrawals
        -----------

        Withdrawals from the Plan may be made as follows, as applicable to the
        participant's eligibility, amount requested, and existing balances:

           Participants who have separated from service (for reasons other than
           death) may elect payment in the form of a lump sum, periodic
           distributions, irregular partial distributions, or through the
           purchase of an annuity. Taxable or taxable portions of distributions
           may also be directly rolled over into an IRA or qualified plan (with
           the exception of periodic distributions of 10 years or more
           duration).
           
           Withdrawals are normally made in the form of a fixed life annuity,
           if the participant is unmarried, or a 50% contingent annuity with
           the spouse as the contingent annuitant, if the participant is
           married. Spousal consent is required if the participant elects
           to take a distribution in the form of a lump sum payment, periodic
           distributions, irregular partial distributions, and other forms of
           annuities. Participants who have terminated employment are able to
           defer the distribution of the account until April 1 of the next
           calendar year after reaching age 70-1/2.
           
           Distributions of accounts due to the death of a participant may be
           taken by the participant's beneficiary in the form of a lump sum
           payment or through the purchase of an annuity.  The participant's
           surviving spouse, if any, is automatically the beneficiary of half
           of the account, unless the spouse waives this right. In-service
           withdrawals for participants who are actively employed or are absent
           due to reasons of illness (other than grounded status), or approved
           leave of absence and maintain an employer-employee relationship with
           United Air Lines, Inc. are permitted as follows:
            - Discretionary withdrawals of post-tax contributions and earnings
            - Hardship withdrawals from 401(k) account, subject to restrictions
              described in the Plan
            - After reaching age 59-1/2, subject to certain requirements
              specified in the Plan, all or a portion of the participant's
              401(k) account may be withdrawn
            - Upon reaching age 70-1/2, minimum distributions required under
              Internal Revenue Code 401(a)(9) must be taken no later than April
              1 following the calendar year that the participant has reached
              age 70-1/2. Effective January 1, 1997, active participants
              that have reached age 70-1/2 may choose to defer distribution.
           
           If a participant's account has never exceeded $3,500, total
           distribution of the account will be made in a lump sum payment upon
           termination of employment or death.
           
           Generally, withdrawals are allocated pro-rata to the balances of
           each of the investment funds in the participant's account, according
           to a money-type hierarchy. Distributions from the UAL Stock Fund,
           may be made in cash.

     e. Plan Termination Provisions
        ---------------------------
        Although it has not expressed any intent to do so, the Company has
        the right under the Plan to terminate the Plan subject to the
        provisions of ERISA.  If the Plan is terminated, all amounts credited
        to a participant's account at the time of termination shall be
        retained in the Trust and will be distributed in accordance with the
        normal distribution rules of the Plan.
        
     f. Trustee
        -------

        The Frank Russell Trust Company serves as Plan trustee.



2.   SIGNIFICANT ACCOUNTING POLICIES
     -------------------------------

     a. Basis of Accounting
        -------------------

        The financial statements are presented on the accrual basis.

     b. Investments
        -----------

        Domestic investments are stated at fair value, generally, as
        determined by market prices quoted on U.S. securities exchanges.
        The fair value of foreign securities and foreign currency deposits
        is based on market prices quoted on foreign securities exchanges
        and this value is converted to U.S. dollars using the exchange rate
        in effect at plan year-end.  Assets in the UAL Stock Fund are invested
        in UAL Corporation common stock and are valued at market prices quoted
        on the New York Stock Exchange ("NYSE").  Transfers into the UAL Stock
        Fund are made as of the close of the NYSE on a daily basis.

     c. Net Appreciation (Depreciation) in Value of Investments
        -------------------------------------------------------

        Net appreciation or depreciation in value of investments includes
        realized and unrealized gains and losses. Realized and unrealized
        gains and losses are calculated as the difference between fair value
        at December 1, or date of purchase if subsequent to December 1, and
        fair value at date of sale or the current year-end.  The unrealized
        gain or loss on investments in the International Fund represents the
        difference between fair value at December 1, or date of purchase, and
        the fair value at the date of sale or the current year-end plus, where
        applicable, the change in the exchange rate between the U.S. dollar
        and the foreign currency in which the assets are denominated from
        December 1, or the date of purchase, to the date of sale or the
        current year-end.

     d. Plan Expenses
        -------------

        Management fees are paid to the trustee based upon investment fund
        balances.  Brokerage and other investment fees are included in the cost
        of the related security. United performs certain administrative
        functions for the Plan without charge.
     
     e. Participant Loans
        -----------------
     
        Effective April 1, 1997, the Pilots' Directed Account Retirement Income
        Plan was amended to allow participants to obtain loans from the total
        vested balance of their account.  Participants may borrow up to fifty
        percent of their total vested account balance, not to exceed $50,000.
        The minimum that may be borrowed is $1,000. Loans will be funded by
        charging the participant's interest in the Money Market Fund.  No loan
        will be funded from any investment fund other than the Money Market
        Fund and applications which designate an amount which cannot be fully
        funded from this fund will be denied.  Generally, loan repayments will
        be made through payroll deductions on an after-tax basis for the term
        of the loan, which is a minimum of six months to a maximum of sixty
        months. The term of the loan may be extended to a period longer than
        sixty months if the loan is used to acquire a principal residence.
        Prepayment of the full balance of the loan is allowed after six months
        from the date of the loan without penalty.  Participants may only have
        one loan outstanding at any time and are able to take out another loan
        after twelve months from the date the old loan is retired.  An
        administrative fee of $90 is charged to each participant taking a loan
        and is automatically deducted from the participant's account.

3.   INVESTMENT ADMINISTRATION
     -------------------------
     
     Plan assets are invested by a group of investment managers. The investment
     managers buy or sell securities on behalf of the Plan, in accordance with
     the investment objectives and guidelines established for each of the first
     ten different investment funds.
     
     As of November 30, 1999, the investment managers were as follows:

     Money Market Fund                  - Frank Russell Trust Company
     -----------------

     UAL Stock Fund                     - Frank Russell Trust Company
     --------------

     Short-Term Securities Fund         - Pacific Investment Management Company
     --------------------------
     (Formerly known as the Short Term
     Government Securities Fund)

     Diversified Bond Fund              - Western Asset Management Company
     ----------------------
    (Formerly known as the
     Intermediate/Long Term Bond Fund)

     Government Bond Fund               - Frank Russell Trust Company
     --------------------

     Income/Value Equity Fund           - West Peak Investment Advisors
     -------------------------          - Dodge & Cox, Inc.
                                        - Frank Russell Trust Company

     Growth Equity Fund                 - Alliance Capital Management
     ------------------                 - Lincoln Capital Management Company
                                        - Suffolk Investment Partners
                                        - Frank Russell Trust Company

     Small Cap Equity Fund              - Jacobs Levy Management, Inc.
     ----------------------             - Peregrine Capital Management
                                        - Turner Investment Partners, Inc.
                                        - Frank Russell Trust Company

     International Equity Fund          - Capital Guardian Trust Company
     -------------------------          - Rowe Price-Fleming International,Inc.
                                        - The Boston Company Asset Management,
                                          Inc.

     S & P 500 Index Fund               - PanAgora Asset Management
     --------------------


     Individual Brokerage Account Option- Self-Directed Account with Charles
     -----------------------------------  Schwab

     Mutual Fund Option                 - Self-Directed Account
     -------------------


4.   TAX STATUS
     ----------
     The Internal Revenue Service has determined and informed the Company
     by letter dated June 18, 1996, that the Plan and related trust are
     designed in accordance with applicable sections of the Internal Revenue
     Code (IRC).  The Plan has been amended since receiving the determination
     letter.  However, the Plan administrator and the Plan's counsel believe
     that the Plan is designed and is currently being operated in compliance
     with the applicable provisions of the IRC.

     
5.   SUBSEQUENT EVENT
     ----------------
     
     Effective April 2000,  the Company contribution to the plan increased from
     1% to 9%.






6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS
    

    Components of funds as of November 30, 1999  were:

                                                        
                                                        
                    Money      UAL     Short-Term   Diversified  Government
                    Market    Stock    Securities      Bond         Bond
                    Fund      Fund        Fund         Fund         Fund
                    ----      ----        ----        -----        -----
                                   (In Thousands)
                                                     
                                                        
Investments,                                            
   at fair value
    Short-term                                                   
     Securities    $515,606  $   -     $    -      $     -       $    -
     Notes and                                                           
     Bonds             -         -       92,676       114,124        40,547
     Common stock
     And common                                                        
     Stock funds       -      125,174       -            -            -  
     Preferred
     Securities        -         -          -             386         -
     Mutual funds      -         -          -            -            -
                    -------  --------   ------------  -----------  ---------
                    515,606   125,174    92,676        114,510       40,547
                                                           
Miscellaneous                                              
 assets, primarily
 Pending foreign
 Exchange purchases    -         -          -             -           -
                                                        
Due from brokers
  for securities
  sold                 -          469     13,930           931         -
                                                           
Cash and cash                                                               
 Equivalents            427       810      5,350        16,103        3,488
                                                           
Miscellaneous                                       
 liabilities,
 primarily
 pending foreign
  exchange sales     (2,145)       (9)        (5)           (7)         (63)
                                                           
Due to brokers for
 securities             
 purchased             -         -        (32,536)     (34,838)        (214)
                    -------  --------   ------------  -----------  ---------
                   $513,888  $126,444     $ 79,415     $ 96,699     $ 43,758
                    _______  ________   ____________  ___________   ________
                    -------  --------   ------------  -----------   --------
                                                                    
                                                           






6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Components of funds as of November 30, 1999 were:

                                                      
                    Income/             Small                     S & P
                    Value    Growth      Cap       International   500
                    Equity   Equity     Equity        Equity      Index
                     Fund     Fund       Fund          Fund        Fund
                     ----     ----       -----         ----        ----
                                  (In Thousands)
                                                   
                                                     
                                                        
Investments,                                            
 at fair value
 Short-term                                                   
  Securities    $ 11,154    $ 32,565    $ 20,804    $    -        $   -
  Notes and                                                           
   Bonds           1,489       2,482       1,489        1,491         967
   Common stock
   And common                                                        
   Stock funds   136,622     364,662     199,841      135,096      390,163
   Preferred
   Securities      1,671         710        -           2,141          -
   Mutual funds      -          -           -            -             -
                 -------      --------  ---------    ---------     -------
                 150,936     400,419     222,134      138,728      391,130
                                                           
Miscellaneous                                              
 assets,
 primarily
 Pending
  foreign
 Exchange
  purchases         -           -           -          34,745          -
                                                        
Due from
 brokers
 for securities
 sold                399        3,471      2,200          579          203
                                                           
Cash and cash                       
 Equivalents       5,022        7,710      9,844       33,195        7,429
                                                           
Miscellaneous       
 liabilities,
 primarily
 pending foreign
 exchange sales      (15)         (35)       (26)     (35,475)         (23)
                                                           
Due to brokers for
 securities
 purchased          (654)      (4,299)    (1,929)        (597)        (123)
                 -------      --------  ---------    ---------     --------
                $155,688      $407,266   $232,223     $171,175     $398,616
                 -------      --------  ---------    ---------     --------
                 -------      --------  ---------    ---------     --------
                                                         
                                                         


6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Components of funds as of November 30, 1999 were:

                                                       
                    Individual                                    
                    Brokerage           Mutual     Participant  
                     Account             Fund        Loan          
                      Option            Option       Fund          Total
                      -------          --------      -----         -----
                                         (In Thousands)
                                                   
                                                     
                                                        
Investments,                                            
   at fair value
      Short-term                                                   
       Securities   $ 19,527            $ -           $ -        $599,656
      Notes and                                                     
       Bonds           1,813              -             -         257,078
      Common stock
       And common                                                        
       Stock funds   137,068              -             -       1,488,626
     Preferred
       Securities        318              -             -           5,226
      Mutual funds      -               49,799          -          49,799
                      -------          --------      -------    ---------
                     158,726            49,799          -       2,400,385

Miscellaneous                                              
 assets, primarily
 Pending foreign
 Exchange
  purchases                 2             -           22,221       56,968
                                                        
Due from brokers           -             -              -          22,182
 for securities
 sold
                                                           
Cash and cash                      
 Equivalents            1,017            -               (40)      90,355
                                                           
Miscellaneous                                                          
 liabilities,
 primarily
 pending foreign
 exchange sales          -                -              -        (37,803)
                                                           
Due to brokers for
   securities
   purchased             -                -              -        (75,190)
                      -------          --------      -------     ---------
                     $159,745         $ 49,799      $ 22,181    $2,456,897
                      _______          ________      _______    __________
                      -------          --------      -------    ----------
                                                         



6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Components of funds as of November 30, 1998 were:

                                                            
                                                        
                    Money      UAL     Short-Term   Diversified  Government
                    Market    Stock    Securities      Bond         Bond
                    Fund      Fund        Fund         Fund         Fund
                    ----      ----        ----        -----        -----
                                   (In Thousands)
     
Investments,                                            
 at fair value
 Short-term
 securities       $464,284    $ -        $ -        $ -            $ -
 Notes and
 bonds                -         -        112,845     99,228        57,881
 Common stock
 and common
 stock funds          -      166,703     -            -             -
 Preferred
 securities           -        -         -            -             -
 Mutual funds         -        -         -            -             -
                  --------  --------   --------   ---------      --------
                   464,284   166,703    112,845      99,228        57,881
                                                           
Miscellaneous                                              
  assets,
  primarily
  pending foreign
  exchange
  purchases           -        -         -            -             -
                                                        
Due from brokers
 for securitites
 sold                 -          118       3,144    10,467          -
                                                           
Cash and cash                                              
 equivalents            868     1,802         -     31,658          3,606

Miscellaneous                                                        
 liabilities,
 primarily
 pending foreign     (1,875)     (11)    (14,090)      (20)          (128)
  exchange sales    
                                                           
Due to brokers for
 securities
 purchased              -          -      (7,464)    (30,398)           -
                     --------  --------  ---------  ---------     ---------
                   $463,277  $168,612   $ 94,435    $110,935      $  61,359
                     --------  --------  ---------  ---------     ---------
                     --------  --------  ---------  ---------     ---------





6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Components of funds as of November 30, 1998 were:


                                                      
                    Income/             Small                   S & P
                    Value    Growth      Cap     International   500
                    Equity   Equity     Equity      Equity      Index
                     Fund     Fund       Fund        Fund        Fund
                     ----     -----     -----        ----        ----
                                  (In Thousands)
                                                   
                                                     
                                                        
Investments,                                            
 at fair value
 Short-term                                                   
 securities          $5,337    $37,845    $25,340    $  -         $ -
 Notes and
 bonds                1,016      1,524      1,524     3,124        969
  Common stock
  and common
  stock funds       147,921    308,887    198,543   106,522     365,722
  Preferred
   securities         1,755        811       -        2,624         -
  Mutual funds          -           -        -          -           -
                    ---------  --------  ---------  --------   --------

                     156,029    349,067    225,372   112,291    366,691
                                                         
Miscellaneous                                            
 assets,
 primarily
 pending foreign
 exchange purchases      -          -        -        30,082       -
                                                      
Due from brokers
 for securities
 sold                     62      1,567      1,070       284       -
                                                         
Cash and cash                                         
  equivalents          6,022     15,330      7,537     13,785    11,165

Miscellaneous                                                      
 liabilities,
 primarily
 pending foreign
  exchange sales        (163)    (837)       (545)   (29,780)      (356)

Due to brokers for
 securities
 purchased              (617)    (778)       (981)      (372)       -
                    ---------  --------  ---------  ---------   ---------
                     $161,333   $364,349  $232,453   $126,292    $377,500
                    ---------  --------  ---------  ---------    --------
                    ---------  --------  ---------  ---------    --------




6.  NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Components of funds as of November 30, 1998 were:

                                                       
                    Individual                                    
                    Brokerage           Mutual     Participant 
                     Account             Fund        Loan          
                      Option            Option       Fund          Total
                      -------          --------      -----         -----
                                         (In Thousands)
                                     
                                                        
Investments,                                            
 at fair value
 Short-term  
 Securities          $ 11,808            $ -             $ -      $544,614
 Notes and
 Bonds                    544              -               -       278,655
 Common stock
 And common
 Stock funds           42,690              -               -     1,336,974
 Preferred
 Securities              -                 -               -         5,190
 Mutual funds          52,435            47,363            -        99,798
                      -------          --------      --------    ---------
                      107,477            47,363            -     2,265,231
                                                           
Miscellaneous                                              
 assets, primarily
 Pending foreign
 Exchange purchases      -                 -            23,593      53,675
                                                        
Due from brokers         -                 -              -         16,712
 for securities
  sold
 Cash and cash        
  Equivalents             615              -              -         92,390
                                                           
Miscellaneous                
 liabilities,
 primarily
 pending foreign
 exchange sales           -                -              -         (47,805)
                                                           
Due to brokers for
  securities
  purchased               -                -              -         (40,610)
                      -------          --------      -------      ----------
                     $108,092          $ 47,363     $ 23,593      $2,339,593
                      _______          ________      _______      __________
                      -------          --------      -------      ----------
                                                         






7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Changes by fund for the year ended November 30, 1999 were:


                                                        
                                                        
                    Money      UAL     Short-Term   Diversified  Government
                    Market    Stock    Securities      Bond         Bond
                    Fund      Fund        Fund         Fund         Fund
                    ----      ----        ----        -----        -----
                                   (In Thousands)
                                                     
                                       
Net assets at                                           
 beginning of
 year             $463,277    $168,612    $ 94,435     $110,935    $ 61,359
Contributions                                                           
 Employer            3,234        -            204          488         118
 Employee            2,811        -            246          150         -
                  ----------  ----------  -----------  ----------  ---------
                     6,045        -            450          638         118
Transfers
 between
 funds             167,031     (58,453)     (9,861)      (9,662)     (7,752)
                                                        
Investment
 activity
 Dividends            -           -            -             15          -
 Interest           27,406        -          6,853        5,774         934
 Other income
 (expense),net         299           5       1,200        6,314         (66)
 Net appreciation                                                        
  (depreciation)
  in value of                                                           
   investments        -         17,030      (2,542)      (7,076)      (2,785)
                                                                      
Benefit payments   (142,893)      -        (10,555)      (9,552)      (7,781)
                                                           
Participant loans    (5,258)      -            -            -             -
                                                        
Administrative
 expenses            (2,019)      (750)       (565)        (687)        (269)
                  ----------  ----------  -----------  ----------   ---------
Net assets at    
   end of year     $513,888   $126,444    $ 79,415     $ 96,699      $ 43,758
                  ----------  ----------  -----------  ----------   ---------
                  ----------  ----------  -----------  ----------   ---------






7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Changes by fund for the year ended November 30, 1999 were:

                                                      

                                                      
                    Income/             Small                   S & P
                    Value    Growth      Cap     International   500
                    Equity   Equity     Equity      Equity      Index
                     Fund     Fund       Fund        Fund        Fund
                     ----     -----     -----        ----        ----
                                  (In Thousands)
                                                   
                                          
Net assets at                                    
 beginning of
 year            $161,333     $364,349     $232,453    $126,292   $377,500
Contributions                                              
 Employer             727        2,015        1,557         861      2,045
 Employee              49          698          170          61        184
                  ----------  ----------  -----------  ----------  -------
                      776        2,713        1,727         922      2,229 
Transfers
 between
   funds           (7,328)     (27,773)     (35,573)     15,277    (17,489)
        
Investment
 activity
 Dividends          2,831        2,691        1,227       1,966       5,561
 Interest           1,101        2,594        1,940         856         443
 Other income                                                           
 (expense),net       (342)      (1,709)      (1,255)     (2,653)     (1,213)
 Net appreciation                                  
 (depreciation)
  in value of                             
  investments      12,187       97,443       49,150      39,126       68,707
                        
Benefit payments  (13,703)     (30,427)     (15,295)     (8,930)     (35,515)
                                                                     
Participant loans     -           -           -            -            -
                                                        
Administrative
 expenses          (1,167)      (2,615)      (2,151)     (1,681)      (1,607)
                  ----------  ----------  -----------  ----------   ---------
Net assets at     $155,688     $407,266     $232,223    $171,175     $398,616
   end of year
                  ----------  ----------  -----------  ----------   ---------
                  ----------  ----------  -----------  ----------   ---------





7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Changes by fund for the year ended November 30, 1999 were:

                                                  
                                                       
                                                        
                    Individual    Mutual       Participant    
                     Brokerage    Fund         Loan          
                      Account     Option       Fund         Total
                      -------     --------     -----        -----
                                      (In Thousands)
                                                   
                                              
                                                     
Net assets at                                           
 beginning of
 year               $108,092      $ 47,363    $ 23,593     $2,339,593
 Contributions  
  Employer             -              -           -            11,249
  Employee             -              -           -             4,369
                    ----------    ----------  -----------  ----------
                       -              -           -            15,618
Transfers
   between
   funds               8,045        (7,755)     (8,707)          -    
                           
Investment
  activity
  Dividends              642          -           -            14,933
  Interest               965          -          2,077         50,943   
  Other income                                                           
  (expense),net        1,943          -            -            2,523
  Net
  appreciation
  (depreciation)
  in value of                                                           
  investments         42,117        10,322        -           323,679
                                                           
Benefit payments      (2,058)         -            (40)      (276,749)
                                                           
Participant loans        -            -           5,258          -
                                                        
Administrative
 expenses                 (1)         (131)       -           (13,643)
                    ----------    ----------  -----------   ----------
Net assets at   
   end of year      $159,745      $ 49,799     $ 22,181     $2,456,897
                    ----------    ----------  -----------   ----------
                    ----------    ----------  -----------   ----------


7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Changes by fund for the year ended November 30, 1998 were:

                                                        
                    Money      UAL     Short-Term   Diversified  Government
                    Market    Stock    Securities      Bond         Bond
                    Fund      Fund        Fund         Fund         Fund
                    ----      ----        ----        -----        -----
                                   (In Thousands)
                                                     
                                                        
Net assets at
 beginning of
 year              $479,902  $158,049  $ 90,689      $ 98,057      $ 59,912
Contributions                                              
   Employer           3,175       -         225           458           124
   Employee           2,371       -          53            46             1
                   --------  --------- --------     ---------      --------
                      5,546       -         278           504           125
                                                           
Transfers between
   funds             67,288    56,222    7,274        11,361         (3,655)

Investment activity
   Dividends            -         -          -            -              -
   Interest          28,318     1,677    7,060         6,000            914
   Other income
    (expense), net      298    (2,205)     236           328            100
   Net appreciation
    (depreciation)
      in value of
      investments       -     (44,276)  (1,182)        2,034          7,715
                                                           
Benefit payments   (106,211)      -     (9,361)       (6,683)        (3,422)
                                                           
Participant loans    (9,941)      -         -              -             -
                                                        
Administrative
   expenses          (1,923)     (855)    (559)         (666)          (330)
                    --------  --------- --------     ---------      --------
Net assets at                                              
   end of year     $463,277   $168,612   $ 94,435    $110,935        $61,359
                   --------  --------- --------     ---------      ----------
                   --------  --------- --------     ---------      ----------


 

7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

     Changes by fund for the year ended November 30, 1998 were:

                                                      
                      Income/             Small                   S & P
                      Value    Growth      Cap     International   500
                      Equity   Equity     Equity      Equity      Index
                       Fund     Fund       Fund        Fund        Fund
                       ----     -----     -----        ----        ----
                                  (In Thousands)
                                                   
                                                      
Net assets at                                         
 beginning of
 year               $184,543  $281,629  $320,969     $133,590   $346,384
Contributions
   Employer              779     1,483     1,723          845      1,618
   Employee               72       418       258          102        324
                      -------- ---------- --------  ----------   -------
                         851     1,901     1,981          947      1,942
                                                      
Transfers between
   funds              (27,622)   17,117   (74,159)   (17,547)   (26,597)
                                                         
Investment activity
   Dividends            3,292     2,465     1,504      2,014      5,337
   Interest               866     1,074       769        838         65
   Other income
    (expense), net        292    (2,566)    2,750      1,472     (1,876)
   Net appreciation
     (depreciation)
        in value of
        investments    10,866    78,542    (8,221)    13,023     70,342
                                                      
Benefit payments      (10,463)  (13,714)  (10,523)    (6,448)   (16,637)
                                                      
Participant loans         -         -         -          -          -
                                                      
Administrative
   expenses            (1,292)   (2,099)   (2,617)    (1,597)    (1,460)
                      -------- ---------- --------  ---------- ----------
Net assets at
   end ofyear        $161,333  $364,349  $232,453   $126,292   $377,500
                      -------- ---------- --------  ---------- ----------
                      -------- ---------- --------  ---------- ----------




7.  CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS

    Changes by fund for the year ended November 30, 1998 were:

                                                  
                                                       
                    Individual                                    
                    Brokerage           Mutual     Participant
                     Account             Fund        Loan
                      Option            Option       Fund          Total
                      -------          --------      -----         -----
                                         (In Thousands)
                                                   
Net assets at                                           
  beginning of year $ 88,043         $ 56,713       $ 19,129    $2,317,609
Contributions                                              
   Employer             -                -             -            10,430
   Employee             -                -             -             3,645
                    ----------       ----------   -----------    ----------
                                                                    14,075
Transfers between
   funds               9,199         (10,613)       (8,268)          -  
                                                        
Investment activity
   Dividends             360             -              -           14,972
   Interest              587             -           2,107          50,275 
   Other income           -              -             684           (487)
    (expense),net
   Net appreciation                                                        
     (depreciation)
      in value of                                                    
      investments      9,903           1,430           -            140,176
                                                           
Benefit payments         -               -             -           (183,462)
                                                           
Participant loans        -               -           9,941              -
                                                        
Administrative
 expenses                -               (167)         -            (13,565)
                    ----------       ----------   -----------     ----------
Net assets at   
   end of year       $108,092          $47,363      $23,593       $2,339,593
                    ----------       ----------   -----------     ----------
                    ----------       ----------   -----------     ----------





Signature
_________

Pursuant to the requirements of the Securities Exchange Act of 1934,
the United Air Lines, Inc. Pension and Welfare Plans Administration
Committee has duly caused this annual report to be signed on its behalf
by the undersigned hereunto duly authorized.






                                         United Air Lines, Inc.
                                       Pilots' Directed Account
                                         Retirement Income Plan
                                         ______________________





Dated May 30, 2000                         By /s/ Frederic F. Brace
                                           _____________________

                                           Frederic F. Brace
                                           Member, United Air
                                           Lines, Inc. Pension
                                           and Welfare Plans
                                           Administration Committee




<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------

 <S>              <C>             <C>             <C>                          <C>
     55,759.91        55,759.91      55,759.91    Non-Interest Bearing Cash -  Australian dollar
                                                    USD
         11.73            11.73          11.73    Non-Interest Bearing Cash -  Brazilian real
                                                    USD
        397.55           397.55         397.55    Non-Interest Bearing Cash -  Canadian dollar
                                                    USD
        578.29           578.29         578.29    Non-Interest Bearing Cash -  Swiss franc
                                                    USD
        112.34           112.34         112.34    Non-Interest Bearing Cash -  Danish krone
                                                    USD
    566,553.38       566,553.38     566,553.38    Non-Interest Bearing Cash -  Euro
                                                    USD
    508,966.27       508,966.27     508,966.27    Non-Interest Bearing Cash -  British pound sterling
                                                    USD
   (771,713.32)     (771,713.32)   (771,713.32)   Non-Interest Bearing Cash -  Hong Kong dollar
                                                    USD
          0.10             0.10           0.10    Non-Interest Bearing Cash -  Indonesian rupiah
                                                    USD
  1,046,863.13     1,046,863.13   1,046,863.13    Non-Interest Bearing Cash -  Japanese yen
                                                    USD
        107.30           107.30         107.30    Non-Interest Bearing Cash -  Mexican nuevo peso
                                                    USD
     42,027.14        42,027.14      42,027.14    Non-Interest Bearing Cash -  Malaysian ringgit
                                                    USD
         22.23            22.23          22.23    Non-Interest Bearing Cash -  Norwegian krone
                                                    USD
        196.53           196.53         196.53    Non-Interest Bearing Cash -  New Zealand dollar
                                                    USD
         68.75            68.75          68.75    Non-Interest Bearing Cash -  Swedish krona
                                                    USD
        486.80           486.80         486.80    Non-Interest Bearing Cash -  Singapore dollar
                                                    USD
  2,287,011.94     2,287,011.94   2,287,011.94    Non-Interest Bearing Cash -  United States dollar
                                                    USD
         --                -        (37,732.20)   Receivable Income - USD      United States dollar
  1,303,231.36     1,334,281.50           -       Receivables - Other - USD    Pending foreign exchange purchases: Australian dollar
 10,245,237.92    10,676,825.44           -       Receivables - Other - USD    Pending foreign exchange purchases: Euro
  7,428,335.40     7,580,445.09           -       Receivables - Other - USD    Pending foreign exchange purchases: British pound 
                                                                                 sterling
 11,597,170.95    11,324,841.29           -       Receivables - Other - USD    Pending foreign exchange purchases: Japanese yen
      7,419.76         7,502.10           -       Receivables - Other - USD    Pending foreign exchange purchases: Philippine peso
  4,088,145.95     4,088,145.95           -       Receivables - Other - USD    Pending foreign exchange purchases: United States 
                                                                                 dollar
     42,607.09        42,525.32           -       Receivables - Other - USD    Pending trade sales: Australian dollar
    318,076.00       329,243.83           -       Receivables - Other - USD    Pending trade sales: Euro
    104,036.54       105,936.66           -       Receivables - Other - USD    Pending trade sales: British pound sterling
    114,543.85       114,656.05           -       Receivables - Other - USD    Pending trade sales: Japanese yen
  1,128,719.55     1,151,084.84           -       Receivables - Other - USD    Pending trade sales: New Zealand dollar
 20,474,530.13    20,474,530.13           -       Receivables - Other - USD    Pending trade sales: United States dollar
     70,562.66        70,562.66      70,562.66    Interest Bearing Cash - USD  Australian dollar
     96,175.00        96,175.00      96,175.00    Interest Bearing Cash - USD  Swiss franc
      3,248.60         3,248.60       3,248.60    Interest Bearing Cash - USD  Danish krone
    198,358.76       198,358.76     198,358.76    Interest Bearing Cash - USD  Euro
    102,729.91       102,729.91     102,729.91    Interest Bearing Cash - USD  British pound sterling
     81,376.18        81,376.18      81,376.18    Interest Bearing Cash - USD  Hong Kong dollar
    496,129.57       496,129.57     496,129.57    Interest Bearing Cash - USD  Japanese yen
      9,219.03         9,219.03       9,219.03    Interest Bearing Cash - USD  Mexican nuevo peso
     18,234.82        18,234.82      18,234.82    Interest Bearing Cash - USD  Norwegian krone
      6,116.39         6,116.39       6,116.39    Interest Bearing Cash - USD  New Zealand dollar
      2,235.03         2,235.03       2,235.03    Interest Bearing Cash - USD  Swedish krona
      3,571.43         3,571.43       3,571.43    Interest Bearing Cash - USD  Singapore dollar
</TABLE>



                                 Page 1 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
 50,625,790.79    50,625,790.79  50,625,790.79    Interest Bearing Cash - USD  United States dollar
    998,750.00       999,296.88   1,000,000.00    U.S. Government Securities   & T UNVL CARD MASTER TR SER 1996-3 CL A
                                                                                 VAR RT ABS DUE 09-17-2003 BEO
    999,670.00       999,997.42   1,000,000.00    U.S. Government Securities   AMERICREDIT AUTOMOBILE RECEIVABLES TR
                                                                                 SER 1999-D 6.41 DUE 02-12-2002 BEO
    149,919.00       149,997.21     150,000.00    U.S. Government Securities   ANRC AUTO OWNER TR 1999-A NT CL A-2
                                                                                 6.53999 DUE 11-15-2002 BEO
  1,095,787.00     1,099,991.97   1,100,000.00    U.S. Government Securities   ARCADIA AUTOMOBILE RECEIVABLES TR
                                                                                 1999-BBKD NT CL A-2 5.715 07-15-2002 BEO
  1,215,748.13     1,215,811.10   1,222,631.55    U.S. Government Securities   BEAR STEARNS MTG SECS INC PASSTHRU CTF
                                                                                 SER 1993-8 CL A-5 6.35 DUE 08-25-202 4
    708,886.10       741,956.07     695,647.92    U.S. Government Securities   CHASE COML MTG SECS CORP 1996-1 CL A-1
                                                                                 MTG 7.6 PASSTHRU CTF DUE 12-18-2005 REG
    926,980.90       975,284.96     959,985.19    U.S. Government Securities   CHEM MTG SECS INC SER 1996-1 CL A-8 7.25MO BD 
                                                                                 1-25-26 BEO
    875,310.00       975,625.00   1,000,000.00    U.S. Government Securities   CMO CHASE MTG FIN CORP 1998-AS1 MC MTG
                                                                                 CTF CL IA-8 6.75 DUE 08-25-2028 BEO
    457,666.88       471,200.06     455,816.27    U.S. Government Securities   CMO COLLATERALIZED MTG SECS CORP
                                                                                 1992-3 CL 3-I 8.00 BD 3-20-2001 BEO001 BEO
    201,652.00       199,871.51     200,000.00    U.S. Government Securities   CMO COML MTG AST TR SER 1999-C2 PTHRU
                                                                                 CTF A2 7.546 1-17-10 FNL MAT 11-17-31
  1,076,469.39     1,118,295.08   1,109,626.13    U.S. Government Securities   CMO CWMBS INC PASS THRU CTFS SER 98-4
                                                                                 IIA1 6.75 DUE 06-25-2028 BEO
  1,761,240.00     1,997,500.00   2,000,000.00    U.S. Government Securities   CMO GE CAP MTG SVCS INC REMIC MC CTF
                                                                                 1993-12 CL 12-A8 6.5 DUE 10-25-2023 BEO
    785,327.74       780,969.93     780,969.93    U.S. Government Securities   CMO MELLON RESDNTL FDG CORP 99-TBC2 MTG PASSTHRU
                                                                                 CTF CL A-1 6.46 7-25-29 BEO
        716.82           783.47         771.30    U.S. Government Securities   CMO NORWEST AST SECS CORP 1998-23 PASS
                                                                                 THRU CTF CL A-13 6.75 DUE 10-25-2028
    882,574.76       926,331.69     927,200.94    U.S. Government Securities   CMO RESDNTL ACCREDIT LNS INC MTG PASS
                                                                                 THRU S-99-QS4 CL A-1 6.25 03-25-14 BEO
  2,328,754.79     2,337,256.04   2,338,717.73    U.S. Government Securities   CMO RESDNTL FDG MTG SECS I INC PASS THRU
                                                                                 CTF S-94-S3 CL A-1 VAR RT 02-25-24 BEO
    190,114.00       188,500.00     200,000.00    U.S. Government Securities   Commercial Mortgage Asset Tr
    145,508.55       125,013.28     165,000.00    U.S. Government Securities   CWMBS INC MTG SER 1993-12 CL A-11 MTG
                                                                                 PASSTHRU 6.625 CTF DUE 02-25-2024 REG
    517,935.93       508,807.92     503,614.40    U.S. Government Securities   DLJ ACCEP TR SER 1989-2 CL G FLTG RT BD 
                                                                                 DUE 10-17-2020
     44,156.40        48,875.00      40,000.00    U.S. Government Securities   FED HOME LN BNK CONS 9.50 BD DUE 2-25-04REG
    165,564.70       170,425.00     170,000.00    U.S. Government Securities   FFCB MTN 5.73 06-30-2003
    921,102.47       979,671.32     914,245.63    U.S. Government Securities   FHA 1 HUNDRED 20 9 7.43% BDS P7-01 01.08.2023
  1,215,696.47     1,226,620.45   1,200,438.89    U.S. Government Securities   FHA 221D4 P9-00 PROJ GMAC 26 MCP 7.43 BD
                                                                                 DUE 01-01-2021
  1,416,279.32     1,515,237.70   1,406,823.64    U.S. Government Securities   FHA INSD MTG P/T #091 REILLY 7.43 BD DUE07-01-2023
    555,043.87       565,102.10     549,293.43    U.S. Government Securities   FHA INSD PROJ #54 GREYSTONE SERV CORP
                                                                                 7.43 GTD MTG CTF DUE 5-1-23 REG
</TABLE>



                                 Page 2 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  
  <S>              <C>            <C>             <C>                          <C>
  3,948,920.29     3,980,725.65   3,918,926.01    U.S. Government Securities   FHA INSD PROJ GMAC POOL #1 7.483 DUE
                                                                                 04-01-2019 REG
  1,833,302.07     1,876,010.95   1,810,384.77    U.S. Government Securities   FHA PROJ #075-35261-PM SLEEPY HOLLOW
                                                                                 APTS 7.73 PARTN CTF DUE 05-01-2021
  1,825,875.46     1,809,004.92   1,800,004.89    U.S. Government Securities   FHA USGI PROJ LN #2063P6 7.44 BD DUE
                                                                                 08-01-2022
    174,207.25       174,835.94     175,000.00    U.S. Government Securities   FHLB 5.5 BD DUE 07-14-2000 BEO
    219,199.50       226,001.95     225,000.00    U.S. Government Securities   FHLB 5.760 08-04-2003
    272,206.00       273,311.23     275,000.00    U.S. Government Securities   FHLB 6 08-15-2002
     87,217.65        89,356.25      85,000.00    U.S. Government Securities   FHLB 7.31 06-16-2004
    278,863.20       280,043.75     280,000.00    U.S. Government Securities   FHLB BD 5.55 08-17-2000
     95,656.00       101,156.25     100,000.00    U.S. Government Securities   FHLB BD 5.805 08-17-2005
    426,130.50       439,747.50     425,000.00    U.S. Government Securities   FHLB DTD 04/07/1995 7.08 04-07-2000
    103,328.00       109,249.00     100,000.00    U.S. Government Securities   FHLB VAR RT BD DUE 08-19-2004
  2,822,039.37     2,857,926.57   2,609,978.61    U.S. Government Securities   FHLMC 10.25% SER J CL 4 31.12.14
    857,250.00       864,562.50     900,000.00    U.S. Government Securities   FHLMC 6.55 PL# 999999 02.01.2000
     75,468.75        78,345.70      75,000.00    U.S. Government Securities   FHLMC 6.81 DEB DUE 4-1-04 BEO
    215,380.20       215,484.38     210,000.00    U.S. Government Securities   FHLMC 7.750 DEB DUE 11-7-2001 REG
  1,561,000.00     1,575,000.00   1,600,000.00    U.S. Government Securities   FHLMC GOLD 7.0% PL# 99999 TBA 01.01.30
  1,783,647.21     1,865,209.18   1,905,097.15    U.S. Government Securities   FHLMC GOLD E00627 5.5 02-01-2014
  1,365,265.34     1,386,225.79   1,303,916.09    U.S. Government Securities   FHLMC GROUP #A0-0952 9.0 MTG PARTN CTF
                                                                                 DUE 09-01-2000 REG
    622,847.66       643,716.99     614,526.96    U.S. Government Securities   FHLMC GROUP #B0-0083 8.5 MTG PARTN CTF
                                                                                 DUE 11-01-2002 REG
    484,581.79       491,330.89     478,108.20    U.S. Government Securities   FHLMC GROUP #B00549 8.5 MTG PARTN CTF
                                                                                 DUE 04-01-2004 REG
    250,390.00       252,031.25     250,000.00    U.S. Government Securities   FHLMC MULTICLASS SER 1475 CL H 6.75 MTG
                                                                                 PARTN CTF DUE 04-15-2006 REG
     42,707.09        91,162.44     574,251.60    U.S. Government Securities   FHLMC MULTICLASS SER 1564 CL I 6.5 MTG
                                                                                 PARTN CTF DUE 05-15-2007 REG
     30,345.56       194,959.86   1,407,493.50    U.S. Government Securities   FHLMC MULTICLASS SER 1577 CL PL 6.5 MTG
                                                                                 PARTN CTF DUE 07-15-2018 REG
    183,289.20       183,350.00     190,000.00    U.S. Government Securities   FHLMC MULTICLASS SER 1594 CL J 6.0 MTG
                                                                                 PARTN CTF DUE 10-15-2008 REG
    107,902.74       253,464.89   1,702,177.61    U.S. Government Securities   FHLMC MULTICLASS SER 1618 6.0 MTG
                                                                                 PARTN CTF DUE 10-15-2007 REG
     59,737.44        62,112.54      59,091.57    U.S. Government Securities   FHLMC MULTICLASS SER 1856 CL 1856-ZE 8
                                                                                 06-15-2018
  1,014,680.00     1,032,500.00   1,000,000.00    U.S. Government Securities   FHLMC MULTICLASS SER 1869 CL J 8.0 MTG
                                                                                 PARTN CTF DUE 12-15-2024 REG
    316,852.82       320,946.18     315,571.60    U.S. Government Securities   FHLMC MULTICLASS SER 1971 CL E 7.5 MTG
                                                                                 PARTN CTF DUE 01-20-2024 REG
</TABLE>



                                 Page 3 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
    654,005.52       664,716.14     663,989.94    U.S. Government Securities   FHLMC MULTICLASS SER E3 CL A 6.324 MTG
                                                                                 PARTN CTF DUE 08-15-2032 REG
     63,181.39        64,037.15      58,315.00    U.S. Government Securities   FHLMC POOL #306670 11.25 GTD PARTN CTF
                                                                                 DUE 04-01-2019 REG
  1,300,589.29     1,319,104.39   1,303,039.00    U.S. Government Securities   FHLMC-GNMA REMIC TR SER 30 CL E 6.6 GTD MTG
                                                                                 PASS THRU CTF DUE 07-25-2018 REG
  8,068,725.00     8,161,687.50   8,720,000.00    U.S. Government Securities   FNMA 6% PL#9999 TBA 15.01.2029
    324,187.50       326,007.50     325,000.00    U.S. Government Securities   FNMA 6.16 MTN DUE 03-29-2001 REG
     89,577.90        91,926.56      90,000.00    U.S. Government Securities   FNMA 6.23 MTN DUE 03-01-2002 BEO
  1,533,021.88     1,549,931.50   1,610,000.00    U.S. Government Securities   FNMA 6.5% PL# 999999 01.12.2025
    276,504.25       283,316.00     275,000.00    U.S. Government Securities   FNMA 6.69 MTN DUE 08-07-2001 REG
    482,272.25       509,140.62     475,000.00    U.S. Government Securities   FNMA 7.05 BD DUE 11-12-2002 REG
  1,990,625.00     2,006,875.00   2,000,000.00    U.S. Government Securities   FNMA 7.5% PL# 999999 25.01.2030
    737,776.80       756,320.31     720,000.00    U.S. Government Securities   FNMA 7.55 BD DUE 4-22-02 REG
    306,843.00       343,196.43     300,000.00    U.S. Government Securities   FNMA 9.20 DEB DUE 9-11-2000 REG
    617,759.45       682,843.76     605,000.00    U.S. Government Securities   FNMA DEB 8.25 12-18-2000
    162,576.15       166,521.09     165,000.00    U.S. Government Securities   FNMA MTN 5.89 11-06-2002
  1,841,538.39     1,824,087.10   1,792,530.60    U.S. Government Securities   FNMA POOL #066414 ADJ RT DUE 09-01-2028 REG
      9,242.05         9,539.48       9,196.07    U.S. Government Securities   FNMA POOL #067329 10 DUE 11-01-2001 REG
    121,095.30       124,171.80     118,682.72    U.S. Government Securities   FNMA POOL #080323 8.875 DUE 06-01-2007 REG
    626,231.58       629,368.27     607,443.36    U.S. Government Securities   FNMA POOL #251939 8.5 DUE 05-01-2027 REG
    647,601.60       661,082.48     661,027.06    U.S. Government Securities   FNMA POOL #300309 6.125 DUE 12-01-2024 REG
  2,025,117.78     2,059,508.99   2,019,745.26    U.S. Government Securities   FNMA POOL #313968 ADJ RT DUE 12-01-2027 REG
  1,220,991.55     1,232,622.68   1,220,796.22    U.S. Government Securities   FNMA POOL #323115 ADJ RT DUE 11-01-2027 REG
    673,892.33       677,165.62     653,674.19    U.S. Government Securities   FNMA POOL #417805 8.5 DUE 05-01-2027 REG
    699,895.58       703,282.96     683,213.55    U.S. Government Securities   FNMA POOL #420656 8 DUE 07-01-2017 REG
    764,055.36       762,299.72     749,073.88    U.S. Government Securities   FNMA POOL #443624 ADJ RT DUE 05-01-2023 REG
  1,033,387.22     1,023,958.52     974,039.02    U.S. Government Securities   FNMA POOL #516051 9.5 DUE 01-01-2021 REG
      4,254.43         4,226.51       4,066.40    U.S. Government Securities   FNMA POOL #516052 9 DUE 08-01-2021 REG
    159,600.00       160,980.09     160,000.00    U.S. Government Securities   FNMA PREASSIGN 00636 5.72 05-22-2000
     87,133.91        72,074.75       3,585.81    U.S. Government Securities   FNMA REMIC TR 1992-142 KB 1197.96765 08-25-2007
    335,938.48       321,462.65     340,190.87    U.S. Government Securities   FNMA REMIC TR SER 1992-103 CL JC 5.0 GTDMTG
                                                                                 PASS THRU CTF DUE 11-25-2020 REG
    321,593.24       308,284.60     330,157.53    U.S. Government Securities   FNMA REMIC TR SER 1993-162 CL C 3.0 GTD MTG
                                                                                 PASS THRU CTF DUE 08-25-2023 REG
    770,138.74       762,865.45     763,700.74    U.S. Government Securities   FNMA REMIC TR SER 1996-39 CL H 8.0 GTD
                                                                                 MTG PASS THRU CTF DUE 11-25-2023 REG
     69,102.86        69,406.70      69,450.11    U.S. Government Securities   FNMA REMIC TR SER 221 CL A 6.0 GTD MTG
                                                                                 PASS THRU CTF DUE 11-25-2006 REG
  1,154,748.76     1,171,282.57   1,177,168.40    U.S. Government Securities   FNMA STRIPPED POOL #35453 MTG BCK SEC
                                                                                 SMBS SER K CL K-1 6% DUE 11-1-08 REG
</TABLE>



                                 Page 4 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
  1,902,500.00     1,921,875.00   2,000,000.00    U.S. Government Securities   FNMA TBA 6.5% TBA PL9999999 01.01.30
     43,465.69        43,264.28      39,476.94    U.S. Government Securities   GNMA GPM POOL #090947 11 DUE 01-15-2010 REG
     26,986.01        26,860.91      24,509.56    U.S. Government Securities   GNMA GPM POOL #092213 11 DUE 07-15-2010 REG
     50,205.71        49,973.05      45,598.44    U.S. Government Securities   GNMA GPM POOL #092923 11 DUE 09-15-2010 REG
    120,122.61       118,807.37     108,407.06    U.S. Government Securities   GNMA GPM POOL #098572 11 DUE 06-15-2013 REG
      2,907.82         2,901.24       2,670.89    U.S. Government Securities   GNMA GPM POOL #099264 10.5 DUE
                                                                                 07-15-2013 REG
     41,990.24        41,895.39      38,568.80    U.S. Government Securities   GNMA GPM POOL #099519 10.5 DUE
                                                                                 08-15-2013 REG
      2,447.80         2,629.73       2,426.52    U.S. Government Securities   GNMA POOL #127644 11 DUE 09-15-2000 REG
        960.68         1,032.10         952.33    U.S. Government Securities   GNMA POOL #133328 11 DUE 09-15-2000 REG
      4,285.03         4,603.54       4,247.78    U.S. Government Securities   GNMA POOL #135153 11 DUE 09-15-2000 REG
     20,978.09        22,537.35      20,795.71    U.S. Government Securities   GNMA POOL #136150 11 DUE 10-15-2000 REG
     12,358.52        13,277.11      12,251.08    U.S. Government Securities   GNMA POOL #137279 11 DUE 10-15-2000 REG
     15,696.86        16,863.57      15,560.40    U.S. Government Securities   GNMA POOL #138029 11 DUE 10-15-2000 REG
     16,945.09        18,204.58      16,797.77    U.S. Government Securities   GNMA POOL #139778 11 DUE 10-15-2000 REG
      4,835.86         5,195.31       4,793.82    U.S. Government Securities   GNMA POOL #140090 11 DUE 09-15-2000 REG
      3,346.44         3,595.18       3,317.35    U.S. Government Securities   GNMA POOL #141635 11 DUE 09-15-2000 REG
      8,007.21         8,602.37       7,937.60    U.S. Government Securities   GNMA POOL #141681 11 DUE 10-15-2000 REG
      3,847.63         4,133.62       3,814.18    U.S. Government Securities   GNMA POOL #141953 11 DUE 10-15-2000 REG
      5,674.13         6,095.87       5,624.80    U.S. Government Securities   GNMA POOL #141965 11 DUE 10-15-2000 REG
 12,976,000.00    13,016,000.00  12,800,000.00    U.S. Government Securities   GNMA POOL #9999999 SER 2000 8 DUE
                                                                                 01-02-2000 REG
    527,312.50       530,062.50     550,000.00    U.S. Government Securities   GNMA SER 2015 POOL #9999999 SER 6 DUE
                                                                                 01-01-2015 REG
  2,753,437.50     2,961,129.81   3,000,000.00    U.S. Government Securities   GNMA TBA II POOL #9999999 SER 2029 6 
                                                                                 DUE 01-20-2029 REG
  3,385,125.00     3,407,437.50   3,400,000.00    U.S. Government Securities   GNMA TBA POOL #9999999 SER 2029 7.5 
                                                                                 DUE 01-21-2029 REG
      6,608.33         7,099.51       6,550.88    U.S. Government Securities   GNMA, POOL # 126705
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
     11,563.79        12,423.31      11,463.26    U.S. Government Securities   GNMA, POOL # 134323
                                                                                 SERIES 2000 11.0% DUE 09-15-2000
      8,722.43         9,370.75       8,646.60    U.S. Government Securities   GNMA, POOL # 136356
                                                                                 SERIES 2000 11.0% DUE 08-15-2000
      1,592.45         1,710.82       1,578.61    U.S. Government Securities   GNMA, POOL # 137147
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
      3,653.33         3,924.88       3,621.57    U.S. Government Securities   GNMA, POOL # 137268
                                                                                 SERIES 2000 11.0% DUE 08-15-2000
      3,742.78         4,020.97       3,710.24    U.S. Government Securities   GNMA, POOL # 137395
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
      3,724.21         4,001.02       3,691.83    U.S. Government Securities   GNMA, POOL # 138389
                                                                                 SERIES 2000 11.0% DUE 09-15-2000
     12,149.02        13,052.02      12,043.40    U.S. Government Securities   GNMA, POOL # 139503
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
</TABLE>



                                 Page 5 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
     13,831.61        14,859.68      13,711.36    U.S. Government Securities   GNMA, POOL # 139816
                                                                                 SERIES 2000 11.0% DUE 08-15-2000
      3,575.74         3,841.51       3,544.65    U.S. Government Securities   GNMA, POOL # 140171
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
      4,117.49         4,423.54       4,081.69    U.S. Government Securities   GNMA, POOL # 140233
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
      2,108.50         2,265.21       2,090.17    U.S. Government Securities   GNMA, POOL # 141455
                                                                                 SERIES 2000 11.0% DUE 10-15-2000
     16,391.48        16,883.83      16,411.99    U.S. Government Securities   GNMA, POOL # 423415
                                                                                 SERIES 2025 7.5% DUE 12-15-2025
     11,419.87        11,366.97      10,371.89    U.S. Government Securities   GNMA, POOL # 90741
                                                                                 SERIES 2010 11.0% DUE 01-15-2010
     72,114.43        71,780.22      65,496.65    U.S. Government Securities   GNMA, POOL # 93487
                                                                                 SERIES 2010 11.0% DUE 09-15-2010
     14,319.03        15,383.33      14,194.54    U.S. Government Securities   GNMA, POOL# 00140133
                                                                                 SERIES 00002000 11.0000% DUE 10-15-2000
    985,999.51       988,272.30     971,274.98    U.S. Government Securities   GNMAII POOL #008062 7.125 DUE 10-20-2022REG
    263,196.30       258,977.37     259,626.44    U.S. Government Securities   GNMAII POOL #008540 SER 2024 ADJ RT
                                                                                 11-20-2024
  1,228,803.56     1,223,449.97   1,212,136.68    U.S. Government Securities   GNMAII POOL #008557 SER 2024 ADJ RT 
                                                                                 DUE 12-20-2024 REG
     68,543.91        68,533.45      67,645.58    U.S. Government Securities   GNMAII POOL #008580 ADJ RT 01-20-2025
    255,752.70       256,698.77     252,283.80    U.S. Government Securities   GNMAII POOL #008597 ADJ RT 02-20-2025
    539,171.10       542,089.28     532,020.74    U.S. Government Securities   GNMAII POOL #008608 7.375 DUE 03-20-2025REG
    511,458.69       502,129.90     507,963.90    U.S. Government Securities   GNMAII POOL #008682 6.75 DUE 08-20-2025 REG
    114,315.82       116,981.75     113,482.86    U.S. Government Securities   GNMAII POOL #008685 6.75 DUE 08-20-2025 REG
    200,117.35       196,039.81     197,830.43    U.S. Government Securities   GNMAII POOL #008781 ADJ RT 01-20-2026
    383,213.44       371,079.06     380,715.94    U.S. Government Securities   GNMAII POOL #008945 ADJ RT 08-20-2026
    665,483.85       667,049.94     668,198.41    U.S. Government Securities   GREEN TREE FINL CORP 98-D HOME EQTY LN
                                                                                 CL A-1B ARM FLTG 11-15-2024 BEO
  1,320,593.34     1,324,327.94   1,324,327.94    U.S. Government Securities   GREEN TREE FINL CORP SER 1999-E HOME
                                                                                 IMPT LN CTF CL A-1 6.32 8-15-30 BEO
  1,369,599.71     1,371,787.71   1,372,055.69    U.S. Government Securities   GREEN TREE RCRTONL EQUIP & CONSUMERTR
                                                                                 96-B AST BCKD NT CL A-1 7-15-18 BEO
  1,000,000.00     1,000,078.13   1,000,000.00    U.S. Government Securities   HSEHD CR CARD MASTER TR I 1995-1 PARTN
                                                                                 CTF CL A VAR 12-15-2002 BEO
    158,877.73       158,877.68     951,185.36    U.S. Government Securities   I/O CMO GE CAP MTG SVCS INC REMIC MC
                                                                                 PASSTHRU CTF 98-10 CL 1-A4 05-25-2028
    694,211.05       694,211.51   6,500,000.00    U.S. Government Securities   I/O CONSECO FIN SECURITIZATIONS CORP
                                                                                 1999-H HOME EQUITY LN A-IO 12-15-29
     76,657.13        63,881.92       4,405.65    U.S. Government Securities   I/O FHLMC MULTICLASS SER 1202 CL 1202-G 
                                                                                 819.10 02-15-2007
    151,880.65       160,017.12   1,446,482.40    U.S. Government Securities   I/O FHLMC MULTICLASS SER 1606 CL 1606-I 6.5 
                                                                                 11-15-2008
</TABLE>



                                 Page 6 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
     82,801.40        87,283.77     521,583.60    U.S. Government Securities   I/O FHLMC MULTICLASS SER 1606 CL IA
                                                                                 11-15-2008
     51,734.21        61,782.55     649,274.70    U.S. Government Securities   I/O FHLMC MULTICLASS SER 1676 CL 1676-I 04-15-2020
     95,307.62        76,724.29       4,238.91    U.S. Government Securities   I/O FNMA REMIC 92-157 JA 1014.60 DUE
                                                                                 9-25-2007
    236,857.35       246,611.21   3,363,161.16    U.S. Government Securities   I/O FNMA REMIC SER 1993-186 CLJ
                                                                                 03-25-2008
    123,972.41       221,455.76   1,543,673.40    U.S. Government Securities   I/O FNMA REMIC TR SER 1993-147 CL K 7.0 GTD MTG
                                                                                 PASS THRU CTF DUE 06-25-2020 REG
    126,595.50       132,012.88     912,400.00    U.S. Government Securities   I/O FNMA REMIC TR SER 1994-43 CL PM 7.00
                                                                                 PASS THRU CTF DUE 02-25-2022 REG
  1,975,620.00     2,008,437.50   2,000,000.00    U.S. Government Securities   IMC HOME EQTY LN TR SER 1998-1 6.41 ABS CTF 
                                                                                  DUE 04-20-2018 BEO
    394,702.36       391,116.67     400,000.00    U.S. Government Securities   LOCKHEED MARTIN CORP CPN 02-18-2000
    695,741.31       712,365.87     697,009.87    U.S. Government Securities   M.LYNCH MTG INVS INC SER 1996-C1 CL A-1 7.15 MTG
                                                                                 PASSTHRU CTF DUE 04-25-2028 BEO
    872,850.96       895,268.32     896,141.68    U.S. Government Securities   M.LYNCH MTG INVS INC SER 1998-C1 6.31
                                                                                 ABS CTF DUE 11-15-2026 BEO
    446,884.23       456,509.53     454,238.35    U.S. Government Securities   MORGAN J P COML MTG FIN CORP SER 1998-
                                                                                 C6 6.373 ABS CTF DUE 01-15-2030 BEO
    980,182.95       988,480.57   1,009,176.59    U.S. Government Securities   MORGAN ST CAP I INC SER 1998-MF1 CL A1 6.19 CTF 
                                                                                 DUE 01-15-2007 BEO
  1,479,760.92     1,544,059.80   1,474,702.69    U.S. Government Securities   NOMURA AST SECS CORP SER 1996-MD5 CL A1A7.07 BD
                                                                                 DUE 04-13-2036 BEO
    678,846.09       679,331.88     680,022.53    U.S. Government Securities   OAKWOOD MTG INVS INC SER 1997-B 6.75 
                                                                                 DUE08-15-2027 BEO
  1,297,556.00     1,299,904.97   1,300,000.00    U.S. Government Securities   PP&L TRANSITION BD LLC SER 1999-1 BD VARRATE
                                                                                 CL A-1 6.08 DUE 03-25-2003 BEO
    242,023.85       242,177.38     243,700.51    U.S. Government Securities   RESDNTL FDG MTG SECS I INC SER 1993-S40 CL A5 6.2 MTG
                                                                                 PASS THRU CTF 11-25-23 BEO
    924,746.36       971,018.78     961,404.72    U.S. Government Securities   RESDNTL FDG MTG SECS I INC SER 1996-S6
                                                                                 CL A-10 7% MTG PASSTHRU CTFS 3-25-26 BEO
    624,084.35       646,509.38     635,000.00    U.S. Government Securities   RESDNTL FDG MTG SECS I INC SER 97-S9 CL A20 7.5 MTG
                                                                                 PASS THRU CTFS 7-25-27 BEO
  1,210,751.02     1,211,138.58   1,211,138.58    U.S. Government Securities   SAXON AST SECS TR SER 1999-3 CL AF1 VAR RT AST 
                                                                                 BKD 06-25-2014 BEO
    999,370.00     1,013,125.00   1,000,000.00    U.S. Government Securities   SECURITIZED AST SALES INC SER 1995-B CL A4 INC 7.41
                                                                                 MTG BKD CTF DUE 9-25-24 BEO
  1,200,015.70     1,201,130.73   1,200,567.96    U.S. Government Securities   SIGNET SER 1995-A FLTG RT BD DUE 06-20-2004
    138,816.62       138,519.94     139,594.16    U.S. Government Securities   SLM STUD LN TR SER 1998-2 CL A1 VAR RT
                                                                                 ABS DUE 04-25-2007
    199,628.48       199,522.00     200,000.00    U.S. Government Securities   SLMA PREASSIGN 00734 4.845 02-10-2000
    479,660.80       480,338.61     482,638.68    U.S. Government Securities   SLMA SER 1997-1 CL-A1 VAR RT BD DUE
                                                                                 10-25-05 REG
    964,420.00       979,765.63   1,000,000.00    U.S. Government Securities   SMS STUD LN TR SER 1997-9A CL A1 VAR RT ABS CTF 
                                                                                 DUE 10-27-2025 REG
    943,550.69       137,203.54   1,063,000.00    U.S. Government Securities   TREAS INVT GROWTH RCPTS 11-15-2001 REG
     15,740.00        16,860.07      16,000.00    U.S. Government Securities   U.S TREAS 5.875 NT DUE 11-15-2005
</TABLE>



                                 Page 7 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>           <C>              <C>                          <C>
     80,227.50        91,578.00     285,000.00    U.S. Government Securities   U.S TREAS SEC STRIPPED INT PMT GENERIC
                                                                                 TINT PMT DUE 2-15-2019 B/E
    326,848.80       290,839.02     340,000.00    U.S. Government Securities   U.S. TREAS 8.75 NT STRIPPED PRIN PMT DUE8-15-2000 REG
     81,873.82        99,325.35      97,000.00    U.S. Government Securities   U.S. TREAS BDS 5.25 DUE 11-15-2028 REG
    619,443.20       593,606.88   2,560,000.00    U.S. Government Securities   U.S. TREAS SEC STRIPPED INT GENERIC TINT
                                                                                 DUE 8-15-21 REG
    220,166.10       225,188.44     770,000.00    U.S. Government Securities   U.S. TREAS SEC STRIPPED INT PMT GENERIC TINT
                                                                                 PMT DUE 11-15-18 REG
    337,413.60       232,028.07     410,000.00    U.S. Government Securities   U.S. TREAS SEC STRIPPED INT PMT GENERIC TINT
                                                                                 PMT REPST INT PMT ON 2-15-2003
  1,162,850.80       852,367.60   1,480,000.00    U.S. Government Securities   U.S. TREAS SEC STRIPPED INT PYMT GENERICTINT PYMT 
                                                                                 DUE 11-15-03 REG
     60,144.50        52,998.21      95,000.00    U.S. Government Securities   U.S. TREAS SEC STRIPPED NT PMT GENERIC
                                                                                 TINT PYMT DUE 2-15-2007 REG
     63,498.60        56,329.56     180,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC PMT 
                                                                                 DUE 8-15-15 BEO
  1,218,264.04     1,193,161.43   2,492,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC TINT PMT 
                                                                                 DUE 11-15-10 REG
      7,202.25         4,223.72      15,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC TINT PMT
                                                                                 DUE 2-15-11 BEO
     51,903.50        42,203.70     110,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC TINT PMT 
                                                                                 DUE 5-15-11 REG
     86,515.80        71,953.04     210,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC TINT PMT 
                                                                                 DUE 5-15-13 REG
    161,577.00       139,524.46     325,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT GENERIC TINT PMT 
                                                                                 DUE 8-15-10 REG
    129,862.90       113,457.24     305,000.00    U.S. Government Securities   U.S. TREASURY STRIPPED SECS INT IMPT GENTINT PMT 
                                                                                 DUE 11-15-12 REG
    121,060.70       128,397.96     410,000.00    U.S. Government Securities   U.S.A TREAS SEC STRIPPED INT PMT
                                                                                 GENERTIC TINT PMT DUE 5-15-2018 REG
    307,267.35       291,363.30     345,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT GENERIC TINT PMT
                                                                                 DUE 11-15-2001 B/E
  1,490,667.45     1,101,782.03   2,165,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT GENERIC TINT PMT
                                                                                 DUE 11-15-2005 B/E
  1,185,187.00     1,168,902.05   2,110,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT GENERIC TINT PMT
                                                                                 DUE 11-15-2008 B/E
    370,746.60       199,557.59     410,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT GENERIC TINT PMT
                                                                                 DUE 8-15-2001 B/E
  1,501,856.15     1,224,822.75   1,765,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT GENERIC TINT PMT
                                                                                 DUE 8-15-2002 B/E
  1,539,804.05     1,420,666.91   2,095,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT PMT GENERIC TINTPMT 
                                                                                 DUE 11-15-2004 REG
    742,640.00       565,724.77   2,000,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT PMT GENERIC TINTPMT 
                                                                                 DUE 11-15-2014 REG
    344,478.80       328,709.93      50,000.00    U.S. Government Securities   U.S.T. SEC STRIPPED INT PYMT GENERIC
                                                                                 TINT PYMT DUE 11-15-16 REG
  2,299,115.95     2,303,703.95   2,301,187.02    U.S. Government Securities   UACSC AUTO TR 98-A AUTO RECEIVABLE BKD
                                                                                 CTF CL A-3 6.05 DUE 06-10-2002 BEO
    665,593.95       658,627.70   3,305,000.00    U.S. Government Securities   US TREAS BD STRIPPED PRIN PMT 0.00001
                                                                                 DUE 02-15-2025 REG
     64,255.00        52,610.00     250,000.00    U.S. Government Securities   US TREAS BD STRIPPED PRIN PMT 08-15-2020REG
  2,989,419.60     2,579,548.10  12,290,000.00    U.S. Government Securities   US TREAS BD STRIPPED PRIN PMT 08-15-2021REG
     32,900.00        24,578.20     100,000.00    U.S. Government Securities   US TREAS BD STRIPPED PRIN PMT 11-15-2016REG
  1,595,623.30     1,630,902.65   1,630,000.00    U.S. Government Securities   US TREAS BDS 6.125 DUE 08-15-2029 REG
      9,667.20         8,920.88      10,000.00    U.S. Government Securities   US TREAS BDS 6.25 DUE 08-15-2023 REG
     35,109.03        34,915.48      33,000.00    U.S. Government Securities   US TREAS BDS 7.25 DUE 05-15-2016 REG
     21,578.20        20,149.00      20,000.00    U.S. Government Securities   US TREAS BDS 7.25 DUE 08-15-2022 REG
      8,489.10         9,191.19      10,000.00    U.S. Government Securities   US TREAS BDS BD 5.25 DUE 02-15-2029 REG
</TABLE>



                                 Page 8 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
  1,489,042.08     1,466,797.50   1,500,000.00    U.S. Government Securities   US TREAS BILLS 01-20-2000
  2,481,736.81     2,444,662.50   2,500,000.00    U.S. Government Securities   US TREAS BILLS 01-20-2000
  1,489,140.00     1,466,908.25   1,500,000.00    U.S. Government Securities   US TREAS BILLS 01-20-2000
  1,489,140.00     1,466,726.25   1,500,000.00    U.S. Government Securities   US TREAS BILLS 01-20-2000
     24,727.50        24,542.11      25,000.00    U.S. Government Securities   US TREAS BILLS 02-17-2000
     19,632.83        19,570.62      20,000.00    U.S. Government Securities   US TREAS BILLS 04-06-2000
      9,575.06         9,567.30      10,000.00    U.S. Government Securities   US TREAS BILLS 09-14-2000
    967,205.05       958,598.46     970,000.00    U.S. Government Securities   US TREAS BILLS 12-23-1999
  1,977,660.00       536,623.78   2,000,000.00    U.S. Government Securities   US TREAS CPN / BOOK ENTRY SAFEKEEPING
                                                                                 02-15-2000 REG
    756,318.63       205,221.49   1,080,625.00    U.S. Government Securities   US TREAS CPN / BOOK ENTRY SAFEKEEPING
                                                                                 05-15-2005 REG
    876,860.00       147,670.00   1,000,000.00    U.S. Government Securities   US TREAS DET CPN EXCL
  4,420,004.25     4,358,790.01   4,250,000.00    U.S. Government Securities   US TREAS INFL INDX 3.625 I/L 15/7/2002 REG
  3,716,729.84     3,748,154.42   3,800,000.00    U.S. Government Securities   US TREAS INFLATION INDEX BDS 3.875 DUE
                                                                                 04-15-2029 REG
     15,220.00        15,855.74      16,000.00    U.S. Government Securities   US TREAS NT 4.75 DUE 02-15-2004 REG
     16,064.96        16,719.73      16,000.00    U.S. Government Securities   US TREAS NT SER A-2003 6.25 2-15-2003 REG
    320,565.60       318,034.13     360,000.00    U.S. Government Securities   US TREAS NT STRIPPED PRIN PMT 11-15-2001REG
          -           39,976.70      40,000.00    U.S. Government Securities   US TREAS NTS 5.5 DUE 08-31-2001 REG
     16,075.04        16,578.73      16,000.00    U.S. Government Securities   US TREAS NTS 6.25 DUE 02-28-2002 REG
    145,725.00       148,307.81     145,000.00    U.S. Government Securities   US TREAS NTS 6.25 DUE 06-30-2002 REG
    406,769.85       412,340.62     405,000.00    U.S. Government Securities   US TREAS NTS 6.875 DUE 03-31-2000 REG
     97,805.35       106,444.33      95,000.00    U.S. Government Securities   US TREAS NTS 7.875 DUE 08-15-2001 REG
     35,973.35        38,229.08      35,000.00    U.S. Government Securities   US TREAS NTS 8 DUE 05-15-2001 REG
     15,824.96        16,075.89      16,000.00    U.S. Government Securities   US TREAS NTS DTD 00844 5 DUE 02-28-2001 REG
      9,964.10        10,042.91      10,000.00    U.S. Government Securities   US TREAS NTS DTD 00850 5.75 DUE
                                                                                 06-30-2001 REG
    246,835.00       250,578.59     250,000.00    U.S. Government Securities   US TREAS NTS DTD 00854 6 DUE 08-15-2009 REG
  3,743,371.80     3,784,838.40   3,780,000.00    U.S. Government Securities   US TREAS NTS DTD 00858 5.875 DUE
                                                                                 11-15-2004 BEO
    100,078.00        96,002.45     100,000.00    U.S. Government Securities   US TREAS NTS DTD 01/15/1993 6.375 DUE
                                                                                 01-15-2000 REG
    135,215.40        72,888.69     145,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2001REG
    333,206.80       205,078.52     380,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2002REG
    343,499.95       161,832.59     445,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2004REG
    975,199.50       582,815.14   1,350,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2005REG
     44,334.00        29,081.75      75,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2008REG
     79,812.60        64,590.13     155,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2010REG
     82,855.95        55,635.23     185,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2012REG
     48,811.25        51,496.25     125,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2014REG
     50,986.40        50,798.63     170,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2018REG
</TABLE>



                                 Page 9 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
     11,893.50        11,167.28      45,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 02-15-2020REG
    200,028.75       115,722.23     205,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2000REG
    229,542.50       107,003.96     250,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2001REG
     15,956.22        16,140.39      21,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2004REG
    463,490.20       294,574.24     610,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2004REG
    440,708.40       300,346.22     620,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2005REG
     15,638.04        15,970.02      22,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2005REG
     15,567.50        16,228.00      25,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2007REG
    180,583.00       151,122.30     290,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2007REG
     17,430.90        18,239.40      30,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2008REG
    214,981.10       157,250.82     370,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2008REG
    211,637.40       112,067.24     390,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2009REG
    156,897.20       121,791.70     310,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2010REG
     66,006.00        50,500.50     150,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2012REG
     57,432.00        36,672.75     160,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2015REG
    145,594.40       150,113.60     560,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 05-15-2020REG
  1,667,297.50     1,409,144.05   2,090,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2003REG
    865,133.06       538,430.56   1,237,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2005REG
    493,862.46       468,647.79     754,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2006REG
    295,798.86       233,021.59     483,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2007REG
    131,394.40        98,456.33     230,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2008REG
    248,049.60       209,814.48     465,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2009REG
     95,224.80        68,198.31     220,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2012REG
     56,620.20        41,527.37     140,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2013REG
     85,672.90        97,364.02     335,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 08-15-2020REG
    360,749.85       201,815.61     381,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2000REG
    678,666.60       393,755.74     810,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2002REG
    303,032.50       253,473.07     470,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2006REG
    239,208.38       154,853.25     397,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2007REG
    613,232.10       565,213.80   1,170,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2009REG
    284,900.00       305,816.27     625,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2011REG
    119,265.00        83,055.43     300,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2013REG
    187,369.20       198,193.12     540,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2015REG
    218,024.95       245,242.41     715,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2017REG
    480,916.40       521,076.21   1,795,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2019REG
    579,264.40       538,146.99     715,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT GNRC INT
                                                                                 5-15-03 RPSTG INT PMT 11.625 11/15/04
     25,154.25        19,095.54      75,000.00    U.S. Government Securities   US TREAS SEC STRIPPED INT PMT 11-15-2016REG
    198,045.90       207,080.16     195,000.00    U.S. Government Securities   US TREAS SER B-2000 8.875 NT DUE
                                                                                 5-15-2000 REG
    250,894.70       255,642.19     245,000.00    U.S. Government Securities   US TREAS SER D-2000 8.50 NT DUE
                                                                                 11-15-2000
</TABLE>



                                 Page 10 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
    306,574.65       316,634.66   1,695,000.00    U.S. Government Securities   US TREAS STRIPPED PRINC BD DUE
                                                                                 02-15-2027
     15,299.83        15,798.93      23,000.00    U.S. Government Securities   USA TREAS SEC STRIPPED INT PMT DUE
                                                                                 5-15-2006 GENERIC TINT PMT
     76,838.40        81,799.65     240,000.00    U.S. Government Securities   USA TREAS SEC STRIPPED INT PMT GENERIC
                                                                                 TINT PMT DUE 2-15-17 REG
     87,531.29        57,760.30     209,000.00    U.S. Government Securities   USA TREAS STRIPPED SECS INT GENERIC TINTPMT
                                                                                 DUE 2-15-13 BEO
  1,385,261.60     1,386,490.23   5,770,000.00    U.S. Government Securities   USA TREASURY BDS STRIP PRIN PMT 15/11/21 USD
  1,932,075.00     1,912,893.75   1,860,000.00    U.S. Government Securities   USA TREASURY NTS 7%'1'15/7/06 USD1000
     51,404.00        51,684.00     200,000.00    U.S. Government Securities   USA TREASURY STRIP STRIP PRIN PMT 15/8/20 USD
    370,351.50       369,955.60     370,000.00    Corporate Debt Instruments   CIT GROUP INC 7.125 DUE 10-15-2004 BEO
                                                    - Preferred
    999,060.00       999,648.44   1,000,000.00    Corporate Debt Instruments   1ST CHGO MASTER TR FLTG RATE ABS DUE
                                                    - Preferred                  04-15-2003 BEO
  1,001,730.00     1,005,450.00   1,000,000.00    Corporate Debt Instruments   A T & T CAP CORP MEDIUM TERM NTS-BOOK
                                                    - Preferred                  ENTRY 6.875 DUE 01-16-2001 BEO
    474,143.75       534,165.40     535,000.00    Corporate Debt Instruments   ANHEUSER BUSCH COS INC 6.5 DEB DUE
                                                    - Preferred                  01-01-2028 BEO CALL
    460,955.90       526,221.45     515,000.00    Corporate Debt Instruments   ARCHER DANIELS MIDLAND CO 6.75 DUE
                                                    - Preferred                  12-15-2027 REG
    475,526.70       289,384.27     330,000.00    Corporate Debt Instruments   AUBURN HILLS TRUST 12.% DEBENTURES 01.05.2020
                                                    - Preferred
    120,456.00       137,902.80     140,000.00    Corporate Debt Instruments   BOEING CO 6.625 DEB DUE 02-15-2038
                                                    - Preferred
     88,538.40        89,214.30      90,000.00    Corporate Debt Instruments   CHASE MANHATTAN CORP NEW CHASE MANHATTANCORP 7
                                                    - Preferred                  DUE 11-15-2009 BEO
    105,098.40       109,604.00     110,000.00    Corporate Debt Instruments   CHASE MANHATTAN CORP NEW NT 5.75 DUE
                                                    - Preferred                  04-15-2004 BEO
    145,677.00       148,305.00     150,000.00    Corporate Debt Instruments   DOW CHEM CO 7.375 DUE 11-01-2029 BEO
                                                    - Preferred
  1,268,354.50     1,278,914.70   1,330,000.00    Corporate Debt Instruments   FORD MTR CR CO 5.75 DUE 02-23-2004 BEO
                                                    - Preferred
  1,204,981.60     1,210,452.80   1,340,000.00    Corporate Debt Instruments   FORD MTR CR CO NT 5.8 DUE 01-12-2009 BEO
                                                    - Preferred
  1,696,665.00     1,842,315.00   1,500,000.00    Corporate Debt Instruments   GEN MTR CORP 8.80 BD DUE 3-1-2021 REG
                                                    - Preferred                  PUTABLE ON 3-1-98
     24,705.50        24,720.59      25,000.00    Corporate Debt Instruments   GEN MTRS ACCEP CORP 5.625 NT DUE
                                                    - Preferred                  02-15-2001 BEO
    900,970.00     1,002,790.00   1,000,000.00    Corporate Debt Instruments   GEN MTRS CORP 6.75 DUE 05-01-2028 REG
                                                    - Preferred
    738,682.80       762,200.00     740,000.00    Corporate Debt Instruments   MERCK & CO INC TRANCHE # TR 11 5.76 MTN
                                                    - Preferred                  DUE 05-03-2037/99 BEO PUTTABLE 5-3-**PUT
</TABLE>



                                 Page 11 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
    209,819.80       228,102.50     230,000.00    Corporate Debt Instruments   MORGAN J P & CO INC MEDIUM TERM SUB NTS
                                                    - Preferred                  BOOK ENTRY 6 DUE 01-15-2009 BEO
    457,069.20       516,196.80     420,000.00    Corporate Debt Instruments   MOTOROLA INC 8.40 BD DUE 8-15-2031 REG
                                                    - Preferred                  OPT PUT ON 8-15-2001 @PAR DELIVERY **PUT
     34,910.05        37,105.92      35,000.00    Corporate Debt Instruments   PHILIP MORRIS 7.50 NT DUE 1-15-2002 REG
                                                    - Preferred
  1,147,595.40     1,440,129.60   1,260,000.00    Corporate Debt Instruments   PHILIP MORRIS COS INC 7.75 DEB DUE
                                                    - Preferred                  01-15-2027
    222,722.40       240,000.00     240,000.00    Corporate Debt Instruments   PVTPL DRESDNER FDG TR I 144A 8.151 DUE
                                                    - Preferred                  06-30-2031 BEO
  1,572,694.20     1,800,738.80   1,540,000.00    Corporate Debt Instruments   TCI COMMUNICATIONS INC 7.875 DEB DUE
                                                    - Preferred                  02-15-2026
  1,629,564.36     1,693,817.14   1,715,000.00    Corporate Debt Instruments   U.S. TREAS INFLATION INDEX 3.625 NT
                                                    - Preferred                  DUE 04-15-2028 REG
  1,402,019.22     1,399,048.51   1,400,000.00    Corporate Debt Instruments   US TREAS INFLATION INDEX 3.625 BD DUE
                                                    - Preferred                  01-15-2008 REG
  6,729,692.26     6,741,875.91   6,720,000.00    Corporate Debt Instruments   US TREAS INFLATION INDEX 3.625 BD DUE
                                                    - Preferred                  01-15-2008 REG
    741,562.50       727,125.00     750,000.00    Corporate Debt Instruments   BCO NAC DE COM EXT 8% NTS 18/7/2002 USD1000
                                                    - Other
     39,650.00        39,350.00      40,000.00    Corporate Debt Instruments   PETROLEOS MEXICANO 9.5% UNSUB 15.09.2027
                                                    - Other
    142,500.00       121,500.00     150,000.00    Corporate Debt Instruments   PETROLEOS MEXICANOS 8.85 DUE 09-15-2007 REG
                                                    - Other
    248,900.00       240,695.00     380,000.00    Corporate Debt Instruments   PERU(REP OF) VAR% NTS 7/3/2017 USD1000
                                                    - Other
    547,537.40       526,309.40     580,000.00    Corporate Debt Instruments   KOREA DEV BNK 6.75 NT DUE 12-01-2005 REG
                                                    - Other
      1,610.22        41,202.49       1,029.00    Corporate Debt Instruments   BAE SYSTEMS 7.45% CAP AMORT LN 29/11/03
                                                    - Other
     10,920.00        10,980.00      12,000.00    Corporate Debt Instruments   ADELPHIA COMMUNICATIONS CORP SR NT 7.875
                                                    - Other                      DUE 05-01-2009 BEO
     75,335.00        75,395.04      76,000.00    Corporate Debt Instruments   ADELPHIA COMMUNICATIONS CORP SR NT 9.375
                                                    - Other                      DUE 11-15-2009 BEO
     92,690.00        91,703.80      92,000.00    Corporate Debt Instruments   AES CORP SR NT 9.5 DUE 06-01-2009 BEO
                                                    - Other
    691,875.00       695,625.00     750,000.00    Corporate Debt Instruments   ALLIED WASTE N AMER INC SR NT 7.375
                                                    - Other                      DUE 01-01-2004 BEO
     21,175.00        22,137.50      22,000.00    Corporate Debt Instruments   AMER STD COS INC 8.25 COM GUAR 01.06.2009
                                                    - Other
     12,740.00        13,352.50      14,000.00    Corporate Debt Instruments   AMER STD INC 7.625 SR NT DUE 02-15-2010
                                                    - Other
    962,740.00       997,900.00   1,000,000.00    Corporate Debt Instruments   AMERCO SR NOTES 7.2 DUE 04-01-2002 BEO
                                                    - Other
     39,700.00        40,000.00      40,000.00    Corporate Debt Instruments   AMERN AXLE & MFG INC SR SUB NT 9.75
                                                    - Other                      DUE 03-01-2009/03-01-2004 BEO PUT
    756,600.00       784,198.49     780,000.00    Corporate Debt Instruments   ARGENTINA REP NT ISIN US040114BE93 SDL
                                                    - Other                      503566U 11.75 DUE 04-07-2009 BEO
     68,087.50        65,000.00      65,000.00    Corporate Debt Instruments   AVIS RENT A CAR IN 11% NTS 1/5/2009 USD1000
                                                    - Other
  2,036,168.40     2,228,149.10   2,230,000.00    Corporate Debt Instruments   BAYERISCHE LANDESBANK GIROZENTRALE N Y
                                                    - Other                      BRH MTN 5.875 DUE 12-01-2008 BEO
</TABLE>



                                 Page 12 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
    722,175.00       749,722.50     750,000.00    Corporate Debt Instruments   BECKMAN INSTRS INC NEW SR NT 7.1 DUE
                                                    - Other                      03-04-2003 BEO
     26,390.00        27,895.00      28,000.00    Corporate Debt Instruments   CALPINE CORP SR NT 7.75 DUE 04-15-2009
                                                    - Other                      BEO
     22,252.50        24,150.00      23,000.00    Corporate Debt Instruments   CENTURY COMMUNICATIONS CORP 8.875 SR NT
                                                    - Other                      DUE 01-15-2007
     45,360.00        49,080.00      48,000.00    Corporate Debt Instruments   CHARTER COM HLDGS 8.625%SNR NTS 1/4/09USD1000
                                                    - Other
     61,995.67        64,120.00      68,000.00    Corporate Debt Instruments   CMS ENERGY CORP 7.5 DUE 01-15-2009 BEO
                                                    - Other
    284,694.00       299,052.00     300,000.00    Corporate Debt Instruments   CMS PANHANDLE HLDG CO NT 6.125 DUE
                                                    - Other                      03-15-2004 BEO
     88,057.80        95,416.20      90,000.00    Corporate Debt Instruments   CONS RAIL CORP 7.875 DEB DUE 5-15-2043
                                                    - Other                      REG
    113,368.20       109,871.30     110,000.00    Corporate Debt Instruments   COX COMMUN INC 7.875% NT 15/08/2009 (FAIS)
                                                    - Other
     30,135.00        29,566.11      49,000.00    Corporate Debt Instruments   CROWN CASTLE INTL CORP SR DISC NT STEP
                                                    - Other                      5-15-11/04 0 5/04 10.375 AFTER
     12,707.50        13,000.00      13,000.00    Corporate Debt Instruments   CROWN CASTLE INTL CORP SR NT 9 DUE
                                                    - Other                      05-15-2011/05-15-2004 BEO
     60,000.00        59,720.40      60,000.00    Corporate Debt Instruments   CSC HLDGS INC SR NT SER B DTD 07/13/19998.125
                                                    - Other                      DUE 07-15-2009 BEO
     35,175.00        35,175.00      35,000.00    Corporate Debt Instruments   ECHOSTAR DBS CORP SR NT 9.375 DUE
                                                    - Other                      02-01-2009/02-01-2004 BEO PUT
    235,305.00       247,031.25   1,500,000.00    Corporate Debt Instruments   FHLMC MULTICLASS SER 2095 CL 2095-TI 7
                                                    - Other                      11-15-2024
        382.97         5,879.95         300.00    Corporate Debt Instruments   FING CORP 9.8 DUE 04-06-2018 REG
                                                    - Other
    130,078.20       132,867.00     140,000.00    Corporate Debt Instruments   FRONTIER CORP 6% DEAL REMKT 15/10/13 USD
                                                    - Other
     52,937.50        54,535.35      55,000.00    Corporate Debt Instruments   HORSESHOE GAMING LLC SR SUB NT 8.625
                                                    - Other                      DUE 05-15-2009 BEO
    984,319.00     1,000,000.00   1,000,000.00    Corporate Debt Instruments   HOUGHTON MIFFLIN 5.99 NTS 03.12.2001 SER MTN
                                                    - Other
    771,552.00       797,608.00     800,000.00    Corporate Debt Instruments   HRPT PPTYS TR SR NT 6.875 DUE 08-26-2002BEO
                                                    - Other
     24,035.00        23,862.50      23,000.00    Corporate Debt Instruments   HYPERION TELECOMMUNICATIONS INC SR SUB
                                                    - Other                      NT 12 DUE 11-01-2007/11-01-2003 BEO PUT
     38,800.00        39,589.60      40,000.00    Corporate Debt Instruments   INTL GAME TECH SR NT 8.375 DUE
                                                    - Other                      05-15-2009 BEO
     26,400.00        17,147.82      80,000.00    Corporate Debt Instruments   KCS ENERGY INC 8.875 SR SUB NT DUE
                                                    - Other                      01-15-2008/03 BEO
  1,019,750.00     1,024,680.00   1,000,000.00    Corporate Debt Instruments   KOREA DEVEL BANK 9.6% BDS 1/12/2000
                                                    - Other
     41,580.00        41,082.38      44,000.00    Corporate Debt Instruments   LEVEL 3 COMMUNICATIONS INC SR NT 9.125
                                                    - Other                      DUE 05-01-2008/05-01-2003 BEO
    591,060.06       597,715.00     600,000.00    Corporate Debt Instruments   LOCKHEED MARTIN CORP BD 8.5 DUE
                                                    - Other                      12-01-2029 BEO
     20,550.00        20,000.00      20,000.00    Corporate Debt Instruments   LYONDELL CHEM CO SR SECD NT SER B 9.875 
                                                    - Other                      DUE 05-01-2007 BEO
     28,125.00        28,350.00      30,000.00    Corporate Debt Instruments   MCLEODUSA INC SR NT 8.125 DUE
                                                    - Other                      02-15-2009/02-15-2004 BEO PUT
</TABLE>



                                 Page 13 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
     59,590.00        58,528.59      59,000.00    Corporate Debt Instruments   METROMEDIA FIBER NETWORK INC SR NT 10
                                                    - Other                      DUE 12-15-2009 BEO
  1,631,000.00     1,490,373.87   1,400,000.00    Corporate Debt Instruments   MEXICO-UNITED MEXICAN STS 11.5 DISC BD
                                                    - Other                      DUE 05-15-2026 BEO
    529,395.80       536,084.40     530,000.00    Corporate Debt Instruments   NATIONWIDE HLTH PPTYS INC MEDIUM TERM
                                                    - Other                      NTS BOOK ENTRY 6.9 DUE 11-15-2000
    111,725.00       110,362.50     109,000.00    Corporate Debt Instruments   NEXTLINK COMMUNICATIONS INC CORP SR NT
                                                    - Other                      10.75 DUE 06-01-2009/06-01-2004 BEO PUT
    758,645.83       771,212.17     756,097.78    Corporate Debt Instruments   NIAGARA MOHAWK PWR CORP SER E 7.375 SR
                                                    - Other                      NT DUE 07-01-2003
     57,000.00        61,500.00      60,000.00    Corporate Debt Instruments   NORTEK INC SR NT SER B 8.875 DUE
                                                    - Other                      08-01-2008/08-01-2003 BEO PUT
     13,900.00        14,250.00      20,000.00    Corporate Debt Instruments   NTL COMMS CORP 12.375% STP 1/10/08 SER'B
                                                    - Other
    551,397.00       550,000.00     550,000.00    Corporate Debt Instruments   OWENS CORNING MEDIUM TERM NTS BOOK ENTRY7
                                                    - Other                      DUE 05-15-2000
     68,425.00        69,250.00      70,000.00    Corporate Debt Instruments   P & L COAL HLDGS CORP SR SUB NT 9.625
                                                    - Other                      DUE 05-15-2008/05-15-2003 BEO
    881,127.25       738,066.75     925,000.00    Corporate Debt Instruments   PAINE WEBBER GROUP INC 6.5 DUE
                                                    - Other                      11-01-2005 REG
     95,030.00       103,654.72     104,000.00    Corporate Debt Instruments   PVTPL ALLIED WASTE N AMER INC SR SUB NT 144A 10
                                                    - Other                      DUE 08-01-2009/08-01-2004 BEO
     67,762.50        65,000.00      65,000.00    Corporate Debt Instruments   PVTPL BLOUNT INC 13 DUE
                                                    - Other                      08-01-2009/08-01-2004 BEO
     28,000.00        27,860.00      28,000.00    Corporate Debt Instruments   PVTPL CHANCELLOR MEDIA CORP L A SR NT
                                                    - Other                      DTD 11/16/1998 8 DUE 11-01-2008 BEO PUT
     64,837.50        65,000.00      65,000.00    Corporate Debt Instruments   PVTPL CROWN CASTLE INTL CORP SR NT 144A 9.5
                                                    - Other                      DUE 08-01-2011/08-01-2004 BEO
     87,887.50        87,601.81      89,000.00    Corporate Debt Instruments   PVTPL GLOBAL CROSSING HLDGS LTD 9.5
                                                    - Other                      DUE 11-15-2009 BEO
    118,462.50       108,211.95     405,000.00    Corporate Debt Instruments   PVTPL HUNTSMAN ICI HLDGS LLC ZERO CPN
                                                    - Other                      SRDISC NT 144A 12-31-09/7-31-04 BEO
     50,375.00        50,000.00      50,000.00    Corporate Debt Instruments   PVTPL J L FRENCH AUTOMOTIVE CASTINGS
                                                    - Other                      INCSR SUB NT 144A 11.5 DUE 06-01-2009
    154,758.56       160,000.00     160,000.00    Corporate Debt Instruments   PVTPL LEAR CORP SR NT 144A 7.96 DUE
                                                    - Other                      05-15-2005 BEO
    415,800.00       440,000.00     440,000.00    Corporate Debt Instruments   PVTPL LEAR CORP SR NT 144A 8.11 DUE
                                                    - Other                      05-15-2009 BEO
     16,200.00        15,000.00      15,000.00    Corporate Debt Instruments   PVTPL OMNIPOINT CORP SR NT 144A 11.5
                                                    - Other                      DUE09-15-2009/09-15-2004 BEO
    436,150.00       428,032.00     440,000.00    Corporate Debt Instruments   PVTPL PETROLEOS MEXICANOS MTN BEO
                                                    - Other                      144A 9.5 DUE 09-15-2027
</TABLE>



                                 Page 14 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>            <C>             <C>                          <C>
     62,620.00        62,000.00      62,000.00    Corporate Debt Instruments   PVTPL PRIMUS TELECOMMUNICATIONS GROUP
                                                    - Other                      INC SR NT 144A 12.75 10-15-2009/04 BEO
     48,420.00        48,000.00      48,000.00    Corporate Debt Instruments   PVTPL PSINET INC SR NT 10.5 DUE
                                                    - Other                      12-01-2006 BEO
    661,264.00       736,633.00     740,000.00    Corporate Debt Instruments   PVTPL RJR NABISCO INC NT 144A 7.75 
                                                    - Other                      DUE 05-15-2006 BEO
    474,290.00       492,870.00     500,000.00    Corporate Debt Instruments   PVTPL RJR NABISCO INC NT 144A 7.875 
                                                    - Other                      DUE 05-15-2009 BEO
     30,000.00        30,000.00      30,000.00    Corporate Debt Instruments   PVTPL TENNECO INC SR SUB NT 144A 11.625
                                                    - Other                      DUE 10-15-2009/10-15-2004 BEO
    701,876.00       700,000.00     700,000.00    Corporate Debt Instruments   PVTPL U S W CAP FDG INC FLTG RATE 144A
                                                    - Other                      VAR RT DUE 06-15-2000/03-15-2000 BEO
     34,770.00        31,906.66      61,000.00    Corporate Debt Instruments   PVTPL US UNWIRED INC SR SUB DISC NT
                                                    - Other
     30,750.00        30,000.00      30,000.00    Corporate Debt Instruments   PVTPL WORLDWIDE FIBER INC SR NT 144A 12
                                                    - Other                      DUE 08-01-2009/08-01-2004 BEO
     74,460.00        73,000.00      73,000.00    Corporate Debt Instruments   PVTPL ZSC SPECIALTY CHEMICALS PLC SR NT 144A 11
                                                    - Other                      DUE 07-01-2009/07-01-2004 BEO
    133,422.00       136,210.50     150,000.00    Corporate Debt Instruments   RAYTHEON CO 7.2 DUE 08-15-2027 REG
                                                    - Other
    373,320.00       395,208.00   1,440,000.00    Corporate Debt Instruments   RESOLUTION FDG CORP FED BOOK ENTRY
                                                    - Other                      PRIN STRIPS 0.00001 DUE 10-15-2019 REG
     62,562.50        65,165.00      65,000.00    Corporate Debt Instruments   SAFETY-KLEEN CORP 9.25%SR NTS 15/5/09 USD1000
                                                    - Other
    449,757.00       449,910.00     450,000.00    Corporate Debt Instruments   SALOMON INC MEDIUM TERM SR NTS BOOK
                                                    - Other                      ENTRY 6.625 DUE 11-30-2000
    285,840.80       279,840.40     280,000.00    Corporate Debt Instruments   SANWA FIN ARUBA A E C GTD NT 144A 8.35
                                                    - Other                      DUE 07-15-2009 BEO ISIN US803035AA20
    443,173.20       458,256.60     460,000.00    Corporate Debt Instruments   SEAGRAM JOSEPH E & SONS INC 6.4 DUE
                                                    - Other                      12-15-2003 BEO
    208,172.80       218,994.60     220,000.00    Corporate Debt Instruments   SEAGRAM JOSEPH E & SONS INC 6.8 DUE
                                                    - Other                      12-15-2008 BEO
    162,657.70       174,183.80     170,000.00    Corporate Debt Instruments   SEAGRAM JOSEPH E & SONS INC 7.6 DUE
                                                    - Other                      12-15-2028 BEO
    194,107.20       198,634.80     210,000.00    Corporate Debt Instruments   SPRINT CAP CORP DEB 6.9 DUE 05-01-2019
                                                    - Other                      BEO
  1,997,640.00     1,997,000.00   2,000,000.00    Corporate Debt Instruments   STUD LN MARKETING ASSN MEDIUM TERM NT
                                                    - Other                      DUE 06-30-2000/06-30-1999 REG
    168,677.07       178,144.38     179,000.00    Corporate Debt Instruments   TELEGLOBE INC 7.2% NOTES 20.07.2009
                                                    - Other
    970,000.00     1,002,500.00   1,000,000.00    Corporate Debt Instruments   TENET HEALTHCARE CORP 7.875 DUE
                                                    - Other                      01-15-2003 REG
     88,360.00        92,762.50      94,000.00    Corporate Debt Instruments   TEREX CORP NEW SR SUB NT SER D 8.875
                                                    - Other                      DUE 04-01-2008/04-01-2003 BEO PUT
    493,623.12       486,177.78     500,000.00    Corporate Debt Instruments   TRW INC CPN 02-15-2000
                                                    - Other
     49,250.00        47,125.00      50,000.00    Corporate Debt Instruments   TV GUIDE INC SR SUB NT SER B 8.125 DUE
                                                    - Other                      03-01-2009/03-01-2004 BEO PUT
</TABLE>



                                 Page 15 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>         <C>              <C>                          <C>
    769,428.00       894,478.30     900,000.00    Corporate Debt Instruments   UN PAC CORP 6.625 DUE 02-01-2029 BEO
                                                    - Other
     60,750.00        82,424.40     100,000.00    Corporate Debt Instruments   VOICESTREAM WIRELESS CORP / VOICESTREAM
                                                    - Other                      WIRELESS HLDGS VORP STEP 11-15-2009
     23,608.25        26,494.15      25,000.00    Corporate Debt Instruments   WASTE MGMT INC STEP UP NT DUE 10-1-2002
                                                    - Other                      REG 4.10 UNTIL 10-1-1994 THEN 7.7
     51,205.00        48,632.01      49,000.00    Corporate Debt Instruments   WILLIAMS COMMUNICATIONS GROUP INC SR NT 10.875
                                                    - Other                      DUE 10-01-2009/10-01-2004 BEO PUT
     24,417.25        25,403.03      25,000.00    Corporate Debt Instruments   WILLIAMS COS INC BEO 6.2 DUE 08-01-2002 BEO
                                                    - Other
     79,120.00        78,795.00      86,000.00    Corporate Debt Instruments   WINSTAR COMMUNICATIONS INC SR SUB DEFD
                                                    - Other                      INT NT 11 3-15-08 INT DEFD TIL 3-15-03
    314,841.60       314,000.00     320,000.00    Corporate Debt Instruments   WMX TECHNOLOGIES INC 6.65 BD DUE
                                                    - Other                      05-15-2005 PUT 5-15-2000
    183,563.73        88,850.25      23,630.00    Corporate Stock  - Preferred NEWS CORPORATION PRF AUD0.50
     56,009.08        32,953.35       7,210.00    Corporate Stock  - Preferred NEWS CORPORATION PRF AUD0.50
     30,919.57        45,760.67   5,525,256.00    Corporate Stock  - Preferred BCO BRADESCO SA PRF CR$1(REGD)PN
     37,159.86        34,216.21     590,000.00    Corporate Stock  - Preferred BCO ITAU SA PREF (REGD)(PN)
     25,321.71        44,578.98   1,332,685.00    Corporate Stock  - Preferred CEMIG COMPANHIA ENERGETICADE MINAS
                                                                                 GERAIS
     86,747.34        77,427.59     428,936.00    Corporate Stock  - Preferred PETROL BRASILEIROS PRF NPV
     13,634.24        22,470.81     281,295.00    Corporate Stock  - Preferred TELESP CELULAR SA PRF'B'NPV
     28,362.98        54,736.79     294,515.00    Corporate Stock  - Preferred TELESP-TEL SAO PAU PREF CR$(REGD)(PN)
     48,450.00        61,890.55       2,584.00    Corporate Stock  - Preferred ADR COMPANHIA ENERGETICA DE MINAS GERAIS
                                                                                 SPONSORED ADR PAR $0.01 REP NON VTG PFD
    131,950.50       126,055.62       1,454.00    Corporate Stock  - Preferred ADR TELECOMUNICACOES BRASILEIRAS S A
                                                                                 SPONSORED ADR REPSTG ADR FOR PFD
    333,960.00       183,044.46       3,680.00    Corporate Stock  - Preferred ADR TELECOMUNICACOES BRASILEIRAS S A
                                                                                 SPONSORED ADR REPSTG ADR FOR PFD
     38,406.06        40,856.97       1,630.00    Corporate Stock  - Preferred GDR UNIAO DE BANCOS BRASILEIROS S A
    112,000.00        85,163.68       5,600.00    Corporate Stock  - Preferred PETROL BRASILEIROS SPON ADR EA REP 100 PRF
    132,841.21       140,714.01       1,045.00    Corporate Stock  - Preferred BOSS (HUGO) AG PRF NPV
     12,235.82        13,338.96         392.00    Corporate Stock  - Preferred FIELMANN AG NON VTG PRF DEM5
     34,244.58        40,826.14         190.00    Corporate Stock  - Preferred FRESENIUS AG NON VTG PRF NPV
    220,258.77       272,300.84       3,500.00    Corporate Stock  - Preferred HENKEL KGAA NON VTG PRF NPV
    130,308.61       122,137.47       2,800.00    Corporate Stock  - Preferred PROSIEBEN MEDIA AG NON VTG PRF NPV
     60,972.66        97,658.32       5,500.00    Corporate Stock  - Preferred RHEINMETALL AG NON VTG PRF DEM5
    421,735.09       303,336.70  39,000,000.00    Corporate Stock  - Preferred SANWA INTERNL FINA UTS RP1000 PRF REG'S'
     42,500.22        55,158.64       2,003.78    Corporate Stock  - Preferred ##MFO FRKLN TR RISING DIVIDEND FUND CL
                                                                                 I DO NOT USE SEE 2696646
  1,670,625.00       972,068.40      54,000.00    Corporate Stock  - Preferred ADR NEWS CORP LTD SPONSORED ADR REPSTG
                                                                                 PFD LTD
      2,162.50         2,514.09         100.00    Corporate Stock  - Preferred COMSAT CAP I L P MONTHLY INC PFD SECS 8.125
     10,437.50        12,359.90         500.00    Corporate Stock  - Preferred DUKE RLTY INVTS INC
</TABLE>



                                 Page 16 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
      2,362.50         2,662.00         100.00    Corporate Stock  - Preferred ENRON CAP TR I TR ORIGINATED PFD SEC 8.30
      2,618.75         2,867.00         100.00    Corporate Stock  - Preferred GRAND MET DEL L P GTD PFD SECS SER A 9.42
      2,468.75         2,780.75         100.00    Corporate Stock  - Preferred HSEHD CAP TR II TR PFD SECS 8.70
      4,943.75         5,469.90         200.00    Corporate Stock  - Preferred LINCOLN NATL CAP I GTD QRTLY INC PFD
                                                                                 SECS A 8.750
      7,200.00         7,841.14         300.00    Corporate Stock  - Preferred MISSION CAP L P GTD MONTHLY INC PFD SECSB 8.50
    385,500.00       390,240.00       6,000.00    Corporate Stock  - Preferred NEWS CORP FIN TR TR ORIGINATED PFD 5
          -                -              -       Corporate Stock  - Preferred PARTNERRE LTD SER A PFD STK
      2,947.83         3,540.23         153.63    Corporate Stock  - Preferred PROLOGIS TR PFD SH BEN INT SER D
     13,375.00        19,582.65         500.00    Corporate Stock  - Preferred PVTPL CENDANT CORPORATION INC PRIDES
    709,700.00       850,592.76      15,100.00    Corporate Stock  - Preferred PVTPL SEALED AIR CORP NEW PFD CONV SER A$2
      4,906.25         5,390.98         200.00    Corporate Stock  - Preferred TRANSCANADA CAP TR ORIGINATED PFD SECS 8.75
    119,000.00       138,858.19       4,000.00    Corporate Stock  - Preferred UAL CORP CAP TR I TR ORIGINATED PFD SECS13.25
     90,825.00        94,763.47       2,800.00    Corporate Stock  - Preferred UAL CORP DEPOS SH REPSTG 1/1000PFD B 12.25
     12,112.50        12,575.31         285.00    Corporate Stock  - Preferred USX-MARATHON GROUP
     38,646.37        24,919.40       1,891.00    Corporate Stock - Common     ADR BANCO DE GALICIA S.A
     28,012.00        25,033.80       1,192.00    Corporate Stock - Common     ADR BANCO FRANCES DEL RIO DE LA PLATA S A SPONSORED
     41,309.84        57,479.51       1,570.00    Corporate Stock - Common     ADR TELEFONICA DE ARGENTINA 10 CL B SHRS
    408,910.56       378,182.56      56,874.00    Corporate Stock - Common     AUST & NZ BANK GRP NPV
     54,855.79        40,139.18       2,000.00    Corporate Stock - Common     BRAMBLES INDS LTD A$0.50
    566,560.12       674,626.70      51,675.00    Corporate Stock - Common     BROKEN HILL PTY NPV
     55,674.74        45,006.15       5,078.00    Corporate Stock - Common     BROKEN HILL PTY NPV
     90,365.46        59,277.61       5,480.00    Corporate Stock - Common     CMNWLTH BK OF AUST NPV
    206,063.58       324,443.40      65,751.00    Corporate Stock - Common     COCA-COLA AMATIL NPV
    280,730.04       320,574.70      55,201.00    Corporate Stock - Common     COLES MYER LIMITED NPV
     81,510.36        66,321.73      20,450.00    Corporate Stock - Common     COLONIAL LTD NPV
     53,346.83        51,429.60      19,900.00    Corporate Stock - Common     FOSTERS BREWING GP NPV
    173,489.51       196,512.43     193,554.00    Corporate Stock - Common     GOODMAN FIELDR NPV
     48,255.51        38,048.43       3,786.00    Corporate Stock - Common     LEND LEASE CORP ORD A$0.50
    431,801.45       172,358.15      33,878.00    Corporate Stock - Common     LEND LEASE CORP ORD A$0.50
     72,277.74        43,597.54       8,354.00    Corporate Stock - Common     NEWS CORPORATION NPV(AUST LISTING)
    161,573.71        39,698.37      18,675.00    Corporate Stock - Common     NEWS CORPORATION NPV(AUST LISTING)
    148,318.49       203,543.25     110,576.00    Corporate Stock - Common     PACIFIC DUNLOP ORD A$0.50
     79,863.58        50,846.51      12,150.00    Corporate Stock - Common     PUBLISHING & BROAD NPV
     40,956.86        10,175.08       6,000.00    Corporate Stock - Common     TABCORP HLDGS LTD NPV
     18,537.00        15,112.16       5,000.00    Corporate Stock - Common     TELSTRA CORP INS REC(PPD AUD4.75 2/11/00
    107,486.91        43,449.79      18,459.00    Corporate Stock - Common     TELSTRA CORP NPV
     90,261.20        75,910.47      13,414.00    Corporate Stock - Common     WESTPAC BKG CORP NPV
    409,862.84       198,410.36      60,911.00    Corporate Stock - Common     WESTPAC BKG CORP NPV
    229,687.50       208,647.59      10,500.00    Corporate Stock - Common     ADR BROKEN HILL PROPREITARY LTD
                                                                                 SPONSORED APR
    137,467.65       142,881.94       2,600.00    Corporate Stock - Common     BK AUSTRIA AG NPV
</TABLE>



                                 Page 17 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
     30,013.59        17,384.50         184.00    Corporate Stock - Common     DEXIA NPV
    121,596.38        41,852.78       3,528.00    Corporate Stock - Common     FORTIS B NPV
    153,902.23        81,043.25       3,280.00    Corporate Stock - Common     KBC BANKVERZEKERIN NPV
     17,827.72         3,136.92         440.00    Corporate Stock - Common     UCB NPV NEW SHARES
     34,224.35        26,722.54       6,000.00    Corporate Stock - Common     DAO HENG BK GROUP COM STCK
    130,000.00       120,547.30      10,000.00    Corporate Stock - Common     ADR COMPANHIA CERVEJARIA BRAHMA
     44,994.28        28,920.68       1,686.00    Corporate Stock - Common     PAO DE ACUCAR CIA ADR-REPR 1000 PRF
     50,913.04        36,361.82       1,500.00    Corporate Stock - Common     ALCAN ALUMIN COM STK (CAN QUOTE)
    673,952.89       454,988.01      34,000.00    Corporate Stock - Common     BOMBARDIER INC CLASS'B'SUB VTG NPV CAD
    217,534.45       193,146.61      13,000.00    Corporate Stock - Common     CLARICA LIFE INS CO COM ISIN
                                                                                 #CA1804741082
    218,926.07       502,308.86       1,500.00    Corporate Stock - Common     FAIRFAX FINL HLDGS COM STK 144A (IPO)
    179,621.21       163,712.89      14,000.00    Corporate Stock - Common     MANULIFE FINL CORP COM
    241,877.67       326,340.25      10,700.00    Corporate Stock - Common     NEWBRIDGE NETWORKS COM NPV
     41,982.89        30,320.62         570.00    Corporate Stock - Common     NORTEL NETWORKS CORP COM ISIN
                                                                                 CA6565691004
     27,537.17        12,889.65         610.00    Corporate Stock - Common     ROYAL BANK CAN MONTREAL QUE COM
    376,104.81       518,266.21      15,200.00    Corporate Stock - Common     TELEGLOBE INC COM
    301,153.50        62,510.10      15,200.00    Corporate Stock - Common     BOMBARDIER INC CLASS'B'SUB VTG NPV USD
     97,788.00        89,073.23       1,392.00    Corporate Stock - Common     CELESTICA INC COM NPV (USD)
    422,625.00       650,393.27      23,000.00    Corporate Stock - Common     INCO LTD COM NPV (USD QUOTE)
      2,493.70         1,715.57         100.00    Corporate Stock - Common     TELEGLOBE INC COM NPV
    777,988.96       446,060.25      28,000.00    Corporate Stock - Common     THOMSON CORP (USD) COM NPV
     43,562.50        73,041.32       4,100.00    Corporate Stock - Common     ADR HUANENG PWR INTL INC SPONSORED ADR
                                                                                 SER N SHS
     38,909.61        20,296.02         340.00    Corporate Stock - Common     DEN DANSKE BANK AS DKK100
    242,511.63       264,283.53      12,295.00    Corporate Stock - Common     JYSKE BANK A/S DKK20
     51,636.48        34,351.92         800.00    Corporate Stock - Common     TELE DANMARK A/S DKK5
     37,996.43        17,873.18         500.00    Corporate Stock - Common     UNIDANMARK 'A' DNKR100
    186,062.53       274,514.06      17,400.00    Corporate Stock - Common     KESKO OYJ NPV SER'B'
    201,540.55       399,734.41      12,000.00    Corporate Stock - Common     METRA OYJ ABP 'B'EUR3.5
  2,576,569.50       284,709.17      18,200.00    Corporate Stock - Common     NOKIA (AB) OY EUR0.24
    607,334.24       120,572.53       4,290.00    Corporate Stock - Common     NOKIA (AB) OY EUR0.24
    635,150.78       442,838.84      19,000.00    Corporate Stock - Common     UPM-KYMMENE OYJ NPV
    272,345.57       218,425.34       1,200.00    Corporate Stock - Common     ACCOR EUR15
    385,364.75       364,511.12       2,625.00    Corporate Stock - Common     AIR LIQUIDE (L') EUR11
    201,774.66       125,133.03       1,041.00    Corporate Stock - Common     ALCATEL EUR10
    170,792.93       205,833.30       6,015.00    Corporate Stock - Common     ALSTOM EUR6
    299,622.41       277,954.54       5,450.00    Corporate Stock - Common     ASS GEN DE FRANCE FRF30(BR)
     32,819.82        32,888.63         530.00    Corporate Stock - Common     AVENTIS SA EUR3.82
    193,606.61       110,029.30       1,436.00    Corporate Stock - Common     AXA EUR9.15
    130,357.95       193,989.63         411.00    Corporate Stock - Common     BONGRAIN SA FRF50
</TABLE>



                                 Page 18 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    276,695.36       273,535.65         600.00    Corporate Stock - Common     BOUYGUES FF50
    439,812.72       382,819.31       4,800.00    Corporate Stock - Common     BQE NATL PARIS EUR4
    175,008.81       161,387.04       1,910.00    Corporate Stock - Common     BQE NATL PARIS EUR4
    238,231.89       209,282.57       2,600.00    Corporate Stock - Common     BQE NATL PARIS EUR4
    107,854.81       102,131.40         610.00    Corporate Stock - Common     CAP GEMINI EUR8
    331,315.51       187,607.74       1,902.00    Corporate Stock - Common     CARREFOUR EUR2.5
    522,579.67       286,687.89       3,000.00    Corporate Stock - Common     CARREFOUR EUR2.5
    197,704.27       192,224.45       1,100.00    Corporate Stock - Common     CHRISTIAN DIOR FF52
    115,202.13        80,608.24         677.00    Corporate Stock - Common     CIE DE ST-GOBAIN EUR16
    391,380.96       405,656.48       2,300.00    Corporate Stock - Common     CIE DE ST-GOBAIN EUR16
    160,299.05       123,871.73       4,900.00    Corporate Stock - Common     CNP ASSURANCES FRF25
     36,428.54        19,110.26         299.00    Corporate Stock - Common     CREDIT COMMERCIAL EUR5
    206,396.97       216,784.36       7,115.00    Corporate Stock - Common     CSF(THOMSON) FRF20
     25,507.73        18,289.85         110.00    Corporate Stock - Common     DANONE EUR2
    278,266.12       300,632.58       1,200.00    Corporate Stock - Common     DANONE EUR2
    296,511.10       190,006.30       1,800.00    Corporate Stock - Common     DEXIA FRANCE NPV
    112,838.95        57,394.94         685.00    Corporate Stock - Common     DEXIA FRANCE NPV(PRIME DE FIDEL)(REG)
      1,874.04           996.94          12.00    Corporate Stock - Common     ELF AQUITAINE EUR8
     73,463.22        59,748.63         570.00    Corporate Stock - Common     HERMES INTL FRF10 (POST SPLIT)
     29,610.33         9,032.97          45.00    Corporate Stock - Common     L'OREAL EUR2
     47,996.63        38,436.36         509.00    Corporate Stock - Common     LAFARGE FR25 (BR)
    128,465.49       110,516.63         609.00    Corporate Stock - Common     LEGRAND EUR2
     64,884.46        61,917.09         200.00    Corporate Stock - Common     LVMH MOET HENNESSY EUR1.5
    216,482.51       331,048.90       5,402.00    Corporate Stock - Common     MICHELIN CGDE EUR2(REGD)
     98,509.79        71,979.37       1,700.00    Corporate Stock - Common     PECHINEY 'A'EUR15.25(ORD)
    186,049.44       142,132.18         950.00    Corporate Stock - Common     PEUGEOT SA EUR6
    489,603.79       284,415.00       2,500.00    Corporate Stock - Common     PEUGEOT SA EUR6
     94,834.62        19,582.26         455.00    Corporate Stock - Common     PIN-PRINTEMPS-REDO FRF20
    535,367.27       322,990.56      13,000.00    Corporate Stock - Common     SANOFI-SYNTHELABO EUR2
    169,670.24        80,771.75       4,120.00    Corporate Stock - Common     SANOFI-SYNTHELABO EUR2
    177,155.52       144,619.80       2,626.00    Corporate Stock - Common     SCHNEIDER ELECTRIC EUR8 (BR)
    110,323.72        77,555.50         512.00    Corporate Stock - Common     SOC GENERALE EUR5
    252,968.84       129,945.09       1,174.00    Corporate Stock - Common     SOC GENERALE EUR5
    180,450.08       128,810.23       1,004.00    Corporate Stock - Common     SODEXHO ALLIANCE EUR16
    250,113.28        86,244.41         690.00    Corporate Stock - Common     TF1 - TV FRANCAISE EUR2
  1,087,449.03       310,004.07       3,000.00    Corporate Stock - Common     TF1 - TV FRANCAISE EUR2
    532,044.50       341,028.82       4,000.00    Corporate Stock - Common     TOTAL FINA ELF EUR10
    465,538.94       227,658.25       3,500.00    Corporate Stock - Common     TOTAL FINA ELF EUR10
    214,267.73       225,748.03      14,000.00    Corporate Stock - Common     USINOR FRF20
    364,860.29       208,428.73       4,558.00    Corporate Stock - Common     VIVENDI EUR5.5
    437,798.42       168,822.57       6,620.77    Corporate Stock - Common     ADR TOTAL FINA S A SPONSORED ADR
    122,957.26        64,297.42         420.00    Corporate Stock - Common     ALLIANZ AG DEM5(REGD)(VINKULIERT) DEM
</TABLE>



                                 Page 19 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>           <C>                          <C>
     98,957.86        63,408.15       2,340.00    Corporate Stock - Common     BAYER AG ORD NPV
    401,752.00       217,684.66       9,500.00    Corporate Stock - Common     BAYER AG ORD NPV
    214,730.10       191,977.33       3,462.00    Corporate Stock - Common     BAYER HYPO-VEREINS ORD NPV
      3,620.30         3,460.65         235.00    Corporate Stock - Common     CELANESE AG NPV
    267,431.91       342,227.21       8,000.00    Corporate Stock - Common     DEGUSSA-HULS AG ORD NPV
    659,014.25       653,653.61      10,000.00    Corporate Stock - Common     DEUTSCHE BANK AG NPV(REGD)
    292,865.93       203,876.99       4,444.00    Corporate Stock - Common     DEUTSCHE BANK AG NPV(REGD)
    162,183.41       127,130.75       2,461.00    Corporate Stock - Common     DEUTSCHE BANK AG NPV(REGD)
    323,558.37       280,224.18      14,700.00    Corporate Stock - Common     DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK)
    190,043.80        86,447.12       3,320.00    Corporate Stock - Common     DEUTSCHE TELEKOM ORD NPV
    875,804.26       354,629.88      15,300.00    Corporate Stock - Common     DEUTSCHE TELEKOM ORD NPV
    152,342.95       160,411.93       3,226.00    Corporate Stock - Common     DRESDNER BANK AG NPV(REGD)
    165,835.98        93,953.18       2,700.00    Corporate Stock - Common     EPCOS AG ORD NPV
    105,724.21       105,578.76       3,500.00    Corporate Stock - Common     GEA AG ORD NPV
    127,624.23       127,804.79       3,250.00    Corporate Stock - Common     GEHE AG NPV
    116,180.84        90,323.79       2,350.00    Corporate Stock - Common     HOECHST AG NPV(RHONE-POULENC SWAP)
     49,438.65        17,750.62       1,000.00    Corporate Stock - Common     HOECHST AG NPV(RHONE-POULENC SWAP)
    513,324.27       218,466.40       2,470.00    Corporate Stock - Common     MANNESMANN AG NPV(REGD)
  3,370,898.66       294,595.14      16,220.00    Corporate Stock - Common     MANNESMANN AG NPV(REGD)
    347,480.24       471,375.38      11,900.00    Corporate Stock - Common     MERCK KGAA DEM5
    240,195.34       288,889.17      13,000.00    Corporate Stock - Common     METALLGESELLSCHAFT NPV
     56,437.09        23,654.11       1,419.00    Corporate Stock - Common     RHON-KLINIKUM AG ORD NPV
    118,169.46        60,025.66         360.00    Corporate Stock - Common     SAP AG ORD NPV
    393,082.62       186,170.99       3,900.00    Corporate Stock - Common     SIEMENS AG NPV(REGD)
     78,818.10        49,229.61         782.00    Corporate Stock - Common     SIEMENS AG NPV(REGD)
  1,259,880.18       879,018.40      12,500.00    Corporate Stock - Common     SIEMENS AG NPV(REGD)
     99,866.59        89,480.64       2,045.00    Corporate Stock - Common     VEBA AG NPV
    344,283.34       281,427.34       7,050.00    Corporate Stock - Common     VEBA AG NPV
    194,854.76       227,188.51      11,800.00    Corporate Stock - Common     VIAG AG NPV
    288,566.68       352,298.71       6,150.00    Corporate Stock - Common     VOLKSWAGEN AG ORD NPV
    395,600.00       397,390.00      36,800.00    Corporate Stock - Common     ADR HELLENIC TELECOMMUNICATIONS
                                                                                 ORGANIZATION S A SPONSORED ADR
    550,100.43       353,034.36     202,000.00    Corporate Stock - Common     CABLE&WIRELESS HKT HKD0.50
     54,465.39        42,757.32      20,000.00    Corporate Stock - Common     CABLE&WIRELESS HKT HKD0.50
     38,627.94        43,021.97     125,000.00    Corporate Stock - Common     CDL HOTELS INTL HKD1
    101,108.62        65,189.32       9,000.00    Corporate Stock - Common     CHEUNG KONG(HLDGS) HKD0.50
    252,356.30       110,453.69      47,000.00    Corporate Stock - Common     CHINA TELECOM (HK) HKD0.10
     65,255.46        67,099.41      14,000.00    Corporate Stock - Common     CLP HOLDINGS HKD5
    153,159.77       181,079.00     260,000.00    Corporate Stock - Common     HENDERSON INV HKD0.20
     75,710.75        65,651.57      14,000.00    Corporate Stock - Common     HENDERSON LAND DEV HKD2
    373,178.31       379,092.84     118,296.00    Corporate Stock - Common     HONG KONG ELECTRIC HKD1
    233,634.63       111,409.87      19,000.00    Corporate Stock - Common     HUTCHISON WHAMPOA HKD0.25
</TABLE>



                                 Page 20 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    516,455.50       384,894.43      42,000.00    Corporate Stock - Common     HUTCHISON WHAMPOA HKD0.25
     32,537.60        29,075.79      38,000.00    Corporate Stock - Common     PACIFIC CEN CYBER COMMON STK HKD .005
     63,993.61        48,372.06       7,000.00    Corporate Stock - Common     SUN HUNG KAI PROP HKD0.50
     44,277.50        41,765.58       3,980.00    Corporate Stock - Common     ADR ICICI LTD SPONSORED ADR
     26,625.00        35,874.00       3,000.00    Corporate Stock - Common     GDR MAHANAGAR TEL NIGAM LTD ISIN
                                                                                 US5597782045
     45,787.50        52,355.00       3,700.00    Corporate Stock - Common     GDR ST BK INDIA GLOBAL DEPOS RCPT REG S
    240,567.89       214,789.53      12,000.00    Corporate Stock - Common     CRH ORD EUR0.32(DUBLIN LISTING)
     29,033.88        29,181.74       7,300.00    Corporate Stock - Common     EIRCOM ORD EUR0.25
     55,419.00        67,964.35       2,262.00    Corporate Stock - Common     ADR CBT GROUP PUB LTD SPONSORED NEW
     76,024.77        58,431.39       2,640.00    Corporate Stock - Common     ASSICUR GENERALI ITL2000
    403,161.66       454,518.28      14,000.00    Corporate Stock - Common     ASSICUR GENERALI ITL2000
    112,973.87       155,673.93       6,000.00    Corporate Stock - Common     BCA POP BERGAMO ITL5000
      2,753.62         1,454.07       7,836.00    Corporate Stock - Common     BENI STABILI SPA ITL200
    151,034.59       102,422.92       3,000.00    Corporate Stock - Common     BIPOP-CARIRE ITL5000
    133,016.12       123,981.02      24,284.00    Corporate Stock - Common     ENI ITL1000(REGD)
    482,021.85       516,308.74      88,000.00    Corporate Stock - Common     ENI ITL1000(REGD)
    191,403.96       216,268.20       6,999.00    Corporate Stock - Common     FIAT SPA EUR5
    227,659.47       292,364.28      17,000.00    Corporate Stock - Common     FIAT SPA EUR5 DI RISP(NON CNV)
     75,305.85        62,927.03      27,000.00    Corporate Stock - Common     INA(IST NAZ ASS) ITL1000
     32,856.37        23,425.48       8,367.00    Corporate Stock - Common     ITALGAS(SOC ITAL) ITL1000
     80,154.06        18,866.30       9,150.00    Corporate Stock - Common     MEDIOLANUM ITL200(POST SUBD)
    107,375.52       100,466.69       8,600.00    Corporate Stock - Common     SAN PAOLO-IMI SPA EUR2.80
     97,836.58        48,686.33       7,836.00    Corporate Stock - Common     SAN PAOLO-IMI SPA EUR2.80
    424,120.83       190,368.19      54,002.00    Corporate Stock - Common     T.I.M.SPA EUR0.05
     36,520.16        14,780.44      15,600.00    Corporate Stock - Common     TECNOST SPA ITL500
    344,222.93        79,647.78      63,900.00    Corporate Stock - Common     TELECOM ITALIA SPA DI RISP ITL1000
    404,017.52       321,847.64      75,000.00    Corporate Stock - Common     TELECOM ITALIA SPA DI RISP ITL1000
    197,011.43        78,298.52      17,885.00    Corporate Stock - Common     TELECOM ITALIA SPA ITL1000
    154,216.38        53,815.81      14,000.00    Corporate Stock - Common     TELECOM ITALIA SPA ITL1000
    103,466.97        36,098.53      22,194.00    Corporate Stock - Common     UNICREDITO ITALIAN ITL500
    324,750.00       287,185.71       6,000.00    Corporate Stock - Common     ADR ENI SPA
    340,558.79       324,397.34      30,000.00    Corporate Stock - Common     77TH BANK JPY50
  1,249,204.87       408,802.39       7,500.00    Corporate Stock - Common     ADVANTEST JPY50
    227,430.64        80,352.20       1,400.00    Corporate Stock - Common     AIFUL CORP JPY50
    170,572.98       187,641.71       1,050.00    Corporate Stock - Common     AIFUL CORP JPY50
    235,846.75       244,797.25      20,000.00    Corporate Stock - Common     ASAHI BREWERIES Y50
     49,322.31        57,822.47       2,000.00    Corporate Stock - Common     BRIDGESTONE CORP Y50
    264,226.65       156,139.02       9,000.00    Corporate Stock - Common     CANON INC JPY50
    469,736.26       302,452.55      16,000.00    Corporate Stock - Common     CANON INC JPY50
     27,902.33        38,302.98       1,600.00    Corporate Stock - Common     CHUDENKO CORP JPY50
     24,504.58        33,881.57       4,000.00    Corporate Stock - Common     CITIZEN WATCH CO Y50
</TABLE>



                                 Page 21 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>           <C>                          <C>
    362,871.26       363,727.21      18,000.00    Corporate Stock - Common     CREDIT SAISON CO JPY50
    320,741.79       559,904.45      75,000.00    Corporate Stock - Common     DAI-TOKYO FI & MAR Y50
     28,086.31        29,177.42       2,000.00    Corporate Stock - Common     DAIICHI PHARM CO JPY50
     54,019.67        93,818.19       6,000.00    Corporate Stock - Common     DAIWA HOUSE IND CO 50
    151,783.53        80,587.47          11.00    Corporate Stock - Common     DDI CORP JPY5000
    172,628.08       152,663.84       8,000.00    Corporate Stock - Common     DENSO CORP JPY50
     88,075.55        75,111.52          15.00    Corporate Stock - Common     EAST JAPAN RAILWAY JPY50000
     74,864.22        44,175.01         900.00    Corporate Stock - Common     FANUC JPY50
    466,604.69       243,420.02       8,000.00    Corporate Stock - Common     FUJI MACHINE JPY50
    247,981.60       133,678.35       7,000.00    Corporate Stock - Common     FUJITSU Y50
    354,259.43       301,120.59      10,000.00    Corporate Stock - Common     FUJITSU Y50
  1,501,688.11       446,722.54       9,000.00    Corporate Stock - Common     HIROSE ELECTRIC JPY50
    124,186.52        78,262.19       9,000.00    Corporate Stock - Common     HITACHI JPY50
    482,947.60       255,172.09      35,000.00    Corporate Stock - Common     HITACHI JPY50
     41,101.92        15,313.95       1,000.00    Corporate Stock - Common     HONDA MOTOR CO Y50
    246,611.54       179,566.64       6,000.00    Corporate Stock - Common     HONDA MOTOR CO Y50
    411,019.23       179,309.91      10,000.00    Corporate Stock - Common     HONDA MOTOR CO Y50
    215,295.79       105,861.51       2,000.00    Corporate Stock - Common     ITO-YOKADO CO Y50
    148,260.51        62,708.53       5,000.00    Corporate Stock - Common     KAO CORP JPY50
    237,216.81       223,657.71       8,000.00    Corporate Stock - Common     KAO CORP JPY50
     46,092.87        67,702.50       3,000.00    Corporate Stock - Common     KOKUYO CO Y50
     58,863.83        64,538.91       3,000.00    Corporate Stock - Common     KOMORI CORP JPY50
     90,032.78        84,009.87       8,000.00    Corporate Stock - Common     KURARAY CO JPY50
    361,403.34       225,691.52       3,000.00    Corporate Stock - Common     KYOCERA CORP COM
    475,999.41       243,055.66       3,800.00    Corporate Stock - Common     MABUCHI MOTOR CO JPY50
     54,606.84       113,955.97       6,000.00    Corporate Stock - Common     MAKITA CORP Y50
    454,557.91       287,940.60     117,000.00    Corporate Stock - Common     MARUBENI CORP JPY50
    136,849.83       132,865.78       8,000.00    Corporate Stock - Common     MARUI CO JPY50
    543,641.43       255,781.38       6,400.00    Corporate Stock - Common     MATSUMOTOKIYOSHI C JPY50
    278,269.80       191,165.24      11,000.00    Corporate Stock - Common     MATSUSHITA ELC IND Y50
    545,628.03       311,494.93      35,000.00    Corporate Stock - Common     MINEBEA CO INC
     61,036.36        62,239.21       7,000.00    Corporate Stock - Common     MITSUBISHI CORP Y50
     97,176.69       211,404.77      30,000.00    Corporate Stock - Common     MITSUBISHI HEAVY IND LTD
    226,745.61       484,594.16      70,000.00    Corporate Stock - Common     MITSUBISHI HEAVY IND LTD
    168,439.59       206,848.04      52,000.00    Corporate Stock - Common     MITSUBISHI HEAVY IND LTD
    269,980.92       218,921.59      33,000.00    Corporate Stock - Common     MITSUI CHEMICALS Y50
    318,246.32       383,813.28      40,000.00    Corporate Stock - Common     MITSUI FUDOSAN JPY50
    127,298.53       200,444.33      16,000.00    Corporate Stock - Common     MITSUI FUDOSAN JPY50
  1,655,820.33       320,100.81      10,000.00    Corporate Stock - Common     MURATA MFG CO JPY50
    331,164.07        66,668.87       2,000.00    Corporate Stock - Common     MURATA MFG CO JPY50
    496,746.10       108,402.70       3,000.00    Corporate Stock - Common     MURATA MFG CO JPY50
    502,441.65       299,299.68       8,600.00    Corporate Stock - Common     NAMCO LTD JPY50
</TABLE>



                                 Page 22 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    396,780.35       179,744.83      17,000.00    Corporate Stock - Common     NEC CORP Y50
  1,307,041.15       765,540.57      56,000.00    Corporate Stock - Common     NEC CORP Y50
    135,098.11       367,651.95       5,500.00    Corporate Stock - Common     NICHIEI Y50(OTC LISTING)8577
     98,253.17       261,866.95       4,000.00    Corporate Stock - Common     NICHIEI Y50(OTC LISTING)8577
  1,165,924.55       576,190.30      46,000.00    Corporate Stock - Common     NIKON CORP JPY50
    665,851.15       362,782.29       4,000.00    Corporate Stock - Common     NINTENDO CO JPY50
    490,776.53       572,540.76      85,000.00    Corporate Stock - Common     NIPPON EXPRESS CO Y50
    680,530.41       417,870.52          38.00    Corporate Stock - Common     NIPPON TEL&TEL CP JPY50000
    698,439.11       472,672.98          39.00    Corporate Stock - Common     NIPPON TEL&TEL CP JPY50000
    179,086.95       156,682.03          10.00    Corporate Stock - Common     NIPPON TEL&TEL CP JPY50000
    157,214.86       408,655.71      35,000.00    Corporate Stock - Common     NISHIMATSU CONS CO Y50
    246,366.88       286,495.61      53,000.00    Corporate Stock - Common     NISSAN MOTOR CO Y50
    213,730.00       228,829.71      12,000.00    Corporate Stock - Common     NOMURA SECURITIES Y50
    420,413.96        90,163.14          12.00    Corporate Stock - Common     NTT DOCOMO INC NPV
  2,662,621.72       994,568.28          76.00    Corporate Stock - Common     NTT DOCOMO INC NPV
    312,374.61       232,064.82      15,200.00    Corporate Stock - Common     RINNAI CORP Y50
    623,026.86       265,460.42       2,300.00    Corporate Stock - Common     ROHM CO JPY50
  1,056,436.85       347,957.43       3,900.00    Corporate Stock - Common     ROHM CO JPY50
    294,759.50       253,996.40      12,000.00    Corporate Stock - Common     SANKYO CO JPY50
    122,816.46       133,128.62       5,000.00    Corporate Stock - Common     SANKYO CO JPY50
    171,943.04       154,819.61       7,000.00    Corporate Stock - Common     SANKYO CO JPY50
    127,122.38        55,129.21       1,500.00    Corporate Stock - Common     SANKYO CO LTD NPV(OTC)
    147,135.10       268,914.66      31,000.00    Corporate Stock - Common     SEKISUI CHEM Y50
     42,716.64        89,205.34       9,000.00    Corporate Stock - Common     SEKISUI CHEM Y50
     58,129.86        80,869.53       6,000.00    Corporate Stock - Common     SEKISUI HOUSE Y50
    162,450.46        30,645.71       1,000.00    Corporate Stock - Common     SEVEN ELEVEN NPV
    118,314.82        58,205.96       3,000.00    Corporate Stock - Common     SHIN-ETSU CHEM CO Y50
     80,246.61        60,673.89       5,000.00    Corporate Stock - Common     SHISEIDO CO Y50
    593,139.89       232,249.65       1,100.00    Corporate Stock - Common     SHOHKOH FUND & CO JPY50
     72,124.09        23,365.29         100.00    Corporate Stock - Common     SOFTBANK CORP JPY50
  1,553,652.69       726,174.78       8,400.00    Corporate Stock - Common     SONY CORP Y50
    480,892.50       152,172.34       2,600.00    Corporate Stock - Common     SONY CORP Y50
    610,363.56       223,756.09       3,300.00    Corporate Stock - Common     SONY CORP Y50
  1,236,972.16       348,968.20       8,000.00    Corporate Stock - Common     SONY MUSIC ENT JPY50
    122,522.88       123,406.14       8,000.00    Corporate Stock - Common     SUMITOMO BANK JPY50
    107,109.65       109,003.26      11,000.00    Corporate Stock - Common     SUMITOMO CORP JPY50
    135,753.78       183,357.94      12,000.00    Corporate Stock - Common     SUMITOMO ELECT IND Y50
    249,381.02       203,653.18      17,000.00    Corporate Stock - Common     SUZUKI MOTOR CORP JPY50
    471,302.05       262,684.89       8,000.00    Corporate Stock - Common     TAKEDA CHEMICAL IN Y50
    219,210.26       108,959.87       2,000.00    Corporate Stock - Common     TDK CORP JPY50
     38,166.07        37,778.05       3,000.00    Corporate Stock - Common     TOKIO MARINE &FIRE JPY50
  2,074,668.49       710,222.81      20,000.00    Corporate Stock - Common     TOKYO ELECTRON Y50
</TABLE>



                                 Page 23 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>           <C>                          <C>
    103,733.42        30,762.32       1,000.00    Corporate Stock - Common     TOKYO ELECTRON Y50
     71,458.63        83,716.33       6,000.00    Corporate Stock - Common     TOPPAN PRINTING CO Y50
    146,988.31       149,351.28      20,000.00    Corporate Stock - Common     TOSHIBA CORP Y50
    338,601.56       173,347.25      10,000.00    Corporate Stock - Common     TOYOTA MOTOR CORP JPY50
     31,413.61        58,303.98       3,000.00    Corporate Stock - Common     UNY CO JPY50 (8270)
    130,645.40       133,593.82       3,000.00    Corporate Stock - Common     YAMANOUCHI PHARM JPY50
    479,033.13       225,103.56      11,000.00    Corporate Stock - Common     YAMANOUCHI PHARM JPY50
     36,837.40        18,197.26         200.00    Corporate Stock - Common     ADR SONY CORP AMER DEPY RCPT FOR
                                                                                 DOLLAR-VALIDATED COM BKD BY 1 SH COM
     12,485.53        15,995.73         100.00    Corporate Stock - Common     SOC EUROPEENNE FIDUCIARY DR REP 1'A' (BEL)
    560,000.00       245,138.00       8,000.00    Corporate Stock - Common     SAFRA REPUBLIC HLD USD2.50
     63,484.21       237,770.10      74,000.00    Corporate Stock - Common     MALAY AIRLINE SYST MYR1
     24,791.51        44,022.66       5,075.00    Corporate Stock - Common     CEMEX SA PTG CERT NPV(REP2'A'&1'B')
     55,697.47        53,438.65      14,890.00    Corporate Stock - Common     FOMENTO ECON MEXIC UNITS (REP 1'B'& 4'D' SHS)
     14,611.62        51,498.95      30,917.00    Corporate Stock - Common     GRUPO INDL MASECA SA DE CV-SER B ISIN
                                                                                 #MXP6458Q1586
     42,970.48        16,170.22      14,936.00    Corporate Stock - Common     GRUPO MODELO S A COM STK
     35,600.97        29,712.01       9,504.00    Corporate Stock - Common     KIMBERLY CLARK MEX 'A'NPV
    193,493.70       177,308.05     110,000.00    Corporate Stock - Common     WAL-MART DE MEXICO 'C'NPV
     49,124.00        36,875.00       2,000.00    Corporate Stock - Common     ADR CEMEX S A SPONSOR ADR NEW REP ORD
                                                                                 PARTN CTF NEW
     56,475.48        59,415.90       1,157.00    Corporate Stock - Common     ADR GRUPO TELEVISA SA DE CV REP ORD
                                                                                 PARTN CTF
    585,744.00       314,262.38      12,000.00    Corporate Stock - Common     ADR GRUPO TELEVISA SA DE CV REP ORD
                                                                                 PARTN CTF
    200,026.48       127,806.33       2,161.00    Corporate Stock - Common     ADR TELE DE MEX SA CV L RPSTG SH ORD L
     91,266.13        78,908.84         986.00    Corporate Stock - Common     ADR TELE DE MEX SA CV L RPSTG SH ORD L
    629,421.60       326,836.07       6,800.00    Corporate Stock - Common     ADR TELE DE MEX SA CV L RPSTG SH ORD L
    130,006.69        50,395.55       5,342.00    Corporate Stock - Common     ABN-AMRO HLDGS NV NLG1.25
    394,230.31       195,939.94      16,199.00    Corporate Stock - Common     ABN-AMRO HLDGS NV NLG1.25
    442,563.01       424,457.09      18,185.00    Corporate Stock - Common     ABN-AMRO HLDGS NV NLG1.25
  1,188,400.54       583,161.08      13,114.00    Corporate Stock - Common     AEGON NV NLG0.50
     47,072.45        25,265.16       1,100.00    Corporate Stock - Common     AKZO NOBEL NV NLG5 (NL EXCH)
    298,298.34       125,730.45       3,070.00    Corporate Stock - Common     ASM LITHOGRAPHY HL NLG0.13
    298,195.56       474,101.17      18,972.00    Corporate Stock - Common     BUHRMANN NV NLG2.50(POST CONS)
     87,662.49        87,243.88       4,310.00    Corporate Stock - Common     CSM NV CVA(PART EXCH)EUR0.25
    345,768.51       417,518.19      10,100.00    Corporate Stock - Common     DSM NV NLG6.67
     77,420.69        80,529.03       7,862.00    Corporate Stock - Common     ELSEVIER NV EUR0.06
     65,730.25        53,050.90         680.00    Corporate Stock - Common     EQUANT NV NLG0.02
    164,950.33        39,465.79       4,814.00    Corporate Stock - Common     FORTIS NL EUR0.24
    405,276.14       458,105.75      11,500.00    Corporate Stock - Common     HEINEKEN HOLDING 'A'NLG5
    227,156.02       242,368.73       4,700.00    Corporate Stock - Common     HEINEKEN NV NLG5
</TABLE>



                                 Page 24 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>           <C>                          <C>
    121,469.11       216,124.94      13,479.00    Corporate Stock - Common     HOLLANDSCHE BETON NLG2
    237,407.24       337,943.00      10,364.00    Corporate Stock - Common     HUNTER DOUGLAS NV NLG0.50
         34.89             -             55.00    Corporate Stock - Common     ING GROEP N.V NLG1 (STK DIV 07/09/1999)
    312,892.72       304,732.26       5,564.00    Corporate Stock - Common     ING GROEP NV CVA NLG1
    260,650.20       258,983.68       4,635.00    Corporate Stock - Common     ING GROEP NV CVA NLG1
    394,377.54       150,568.58       7,013.00    Corporate Stock - Common     ING GROEP NV CVA NLG1
     63,755.22        22,662.40       1,145.00    Corporate Stock - Common     KON KPN NV NLG1
    308,224.39       212,667.49       2,533.00    Corporate Stock - Common     PHILIPS ELEC(KON) EUR1
    228,389.73       105,469.27       3,882.00    Corporate Stock - Common     ROYAL DUTCH PETROL NLG1.25
    909,228.21       503,421.95       7,000.00    Corporate Stock - Common     STMICROELECTRONICS EUR3.12(SICOVAM)
    319,788.55       111,779.67       2,462.00    Corporate Stock - Common     STMICROELECTRONICS EUR3.12(SICOVAM)
    172,199.37       335,468.45      12,348.00    Corporate Stock - Common     STORK NV EUR5
     29,283.59        14,635.82       1,145.00    Corporate Stock - Common     TNT POST GROEP NV NLG1
          -                0.01           -       Corporate Stock - Common     UNILEVER (SCRIPS)NLG0.01
     43,097.72        28,453.31         439.00    Corporate Stock - Common     UTD PAN-EUROPE COM EUR2'A'SHS
     87,101.65       141,910.20       7,900.00    Corporate Stock - Common     VEDIOR CVA NLG0.05
     84,393.60        85,470.99       2,130.00    Corporate Stock - Common     VNU NV EUR0.2
    314,352.11       183,517.35      10,424.00    Corporate Stock - Common     WOLTERS KLUWER CVA EUR0.12
     83,083.50        70,243.99         998.00    Corporate Stock - Common     ADR GUCCI GROUP N V SHS-N Y REGISTRY
    131,808.50        47,013.34       1,103.00    Corporate Stock - Common     ADR KONINKLIJKE PHILIPS ELECTRS N V
                                                                                 SPONSORED ADR NEW
    254,250.00       183,450.00       6,000.00    Corporate Stock - Common     AKZO NOBEL NV SPON ADR-REP 1 NLG5
  1,160,950.00       130,337.40      12,400.00    Corporate Stock - Common     ASM LITHOGRAPHY HL EUR0.02
    328,315.86       176,155.82       5,909.00    Corporate Stock - Common     ROYAL KPN NV SPON ADR REP 1 ORD NLG1
    299,700.00       178,956.92       2,400.00    Corporate Stock - Common     STMICROELECTRONICS N V SHS-M REGISTRY
     68,340.52        64,122.38      16,000.00    Corporate Stock - Common     *** TELECOM CORP OF NEW ZEAL
    158,891.71       174,078.75      37,200.00    Corporate Stock - Common     *** TELECOM CORP OF NEW ZEAL
    118,141.41       158,226.33     198,108.00    Corporate Stock - Common     FLETCHER CHALLENGE PAPER SHARES NPV
     35,089.00        30,720.92         898.00    Corporate Stock - Common     NORSK HYDRO AS NOK20
    273,522.30       375,716.08       7,000.00    Corporate Stock - Common     NORSK HYDRO AS NOK20
     14,887.95             -          7,896.00    Corporate Stock - Common     ORKLA ASA NEW'A'NOK6.25(S/R 22/11/99)
    137,974.32        87,573.45       8,970.00    Corporate Stock - Common     ORKLA ASA NOK6.25 ORD
    167,462.63       121,768.65      10,800.00    Corporate Stock - Common     ORKLA ASA NOK6.25'B'
     84,512.20       100,788.22      33,000.00    Corporate Stock - Common     MANILA ELEC CO B COM
     32,170.37        28,092.60       1,500.00    Corporate Stock - Common     BCO PINTO&SOTTOMAY PTE1000 (REGD)
     21,906.06        21,353.08       1,400.00    Corporate Stock - Common     ELEC DE PORTUGAL EUR5
    102,945.17        67,746.79       4,544.00    Corporate Stock - Common     JERONIMO MARTINS EUR5
    307,707.80       267,739.61      32,000.00    Corporate Stock - Common     PORTUGAL TELECOM EUR1(REGD)
    326,939.54       285,358.71      34,000.00    Corporate Stock - Common     PORTUGAL TELECOM EUR1(REGD)
    543,454.82       308,899.11       7,000.00    Corporate Stock - Common     SAMSUNG ELEC MECH KRW5000
    259,409.10       117,209.42       1,253.00    Corporate Stock - Common     SAMSUNG ELECTRONIC KRW5000
    270,174.68        78,266.41       1,305.00    Corporate Stock - Common     SAMSUNG ELECTRONIC KRW5000
</TABLE>



                                 Page 25 of 126


<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>            <C>           <C>                          <C>
    154,000.00        92,400.00       7,700.00    Corporate Stock - Common     ADR KOREA ELEC PWR CO SPONSORED
    106,000.00        68,186.22       2,000.00    Corporate Stock - Common     ADR KOREA TELECOM SPONSORED ADR ISIN
                                                                                 US50063P1030
    323,433.00       305,158.54       9,000.00    Corporate Stock - Common     ADR POHANG IRON & STL LTD SPON ADR REPR 1/4 ORD
    118,592.10        64,545.00       3,300.00    Corporate Stock - Common     ADR POHANG IRON & STL LTD SPON ADR REPR 1/4 ORD
    193,572.00       185,421.60      16,980.00    Corporate Stock - Common     GDR HYUNDAI MTR CO ISIN # US4491877076
    337,500.00       305,893.87      18,000.00    Corporate Stock - Common     SINGAPORE PRESS HD SGD1(POST REC LOT OF 1000)
     61,687.50        43,973.06       3,290.00    Corporate Stock - Common     SINGAPORE PRESS HD SGD1(POST REC LOT OF 1000)
    539,351.19       363,254.99     361,000.00    Corporate Stock - Common     SINGAPORE TECH ENG SGD0.10
     32,178.57        30,955.80      17,000.00    Corporate Stock - Common     SINGAPORE TELECOMM SGD0.15
    462,000.00       342,021.30      51,744.00    Corporate Stock - Common     UTD O/S BANK SGD1
    169,714.29       118,290.47      19,008.00    Corporate Stock - Common     UTD O/S BANK SGD1
    185,600.00       128,808.35      12,800.00    Corporate Stock - Common     CREATIVE TECH LTD ORD
    208,643.72       135,553.68      27,500.00    Corporate Stock - Common     SASOL NPV
    228,565.67       103,771.63      10,000.00    Corporate Stock - Common     ARGENTARIA CORP BC EUR0.75(REGD)
     59,884.21        28,031.05       2,620.00    Corporate Stock - Common     ARGENTARIA CORP BC EUR0.75(REGD)
     46,856.97        21,976.36       3,360.00    Corporate Stock - Common     BBVA(BILB-VIZ-ARG) EUR0.49
    252,106.93       247,167.05       3,900.00    Corporate Stock - Common     BCO POPULAR ESP EUR1
     31,674.97        35,094.14         490.00    Corporate Stock - Common     BCO POPULAR ESP EUR1
    290,892.61       331,922.43       4,500.00    Corporate Stock - Common     BCO POPULAR ESP EUR1
    147,487.95        55,910.21      13,426.00    Corporate Stock - Common     BCO SANT CENT HISP EUR0.50(REGD)
    506,885.97       438,092.08      25,554.00    Corporate Stock - Common     ENDESA SA EUR1.2
     66,331.17        42,631.69       3,344.00    Corporate Stock - Common     ENDESA SA EUR1.2
     44,882.28        14,253.65       1,788.00    Corporate Stock - Common     GAS NATURAL SDG EUR1
    100,182.01        72,853.40       7,189.00    Corporate Stock - Common     IBERDROLA SA EUR3
     97,799.12        61,343.09       4,476.00    Corporate Stock - Common     REPSOL SA (RG) EUR1(REGD)
    349,570.40       166,543.57      16,788.00    Corporate Stock - Common     TELEFONICA SA EUR1
    869,615.71       169,893.30      41,763.00    Corporate Stock - Common     TELEFONICA SA EUR1
     17,386.90             -            835.00    Corporate Stock - Common     TELEFONICA SA EUR1(RFD 1/1/99)
      6,975.58             -            335.00    Corporate Stock - Common     TELEFONICA SA EUR1(RFD 1/1/99)
         15.69             -             38.00    Corporate Stock - Common     TELEFONICA SA NEW EUR1(B/R 19/11/99)
          5.37             -             13.00    Corporate Stock - Common     TELEFONICA SA NEW EUR1(B/R 19/11/99)
    402,375.00       221,515.96      18,500.00    Corporate Stock - Common     ADR REPSOL SA SPONSORED
     84,868.60        41,382.48         863.00    Corporate Stock - Common     ABB LTD COMM STK
     43,905.42        20,436.34       1,720.00    Corporate Stock - Common     ATLAS COPCO AB SER'B'SEK5
    251,970.36       267,187.54       8,400.00    Corporate Stock - Common     AUTOLIV INC USD1 SDR
    126,535.70        69,944.41       6,480.00    Corporate Stock - Common     ELECTROLUX AB SER'B'SEK5
    116,456.89        95,850.52       2,400.00    Corporate Stock - Common     ERICSSON(LM)TEL SEK2.50 SER'B'
    351,346.90       324,868.62      22,800.00    Corporate Stock - Common     FORENINGSSPARBK SEK20 SER'A'
    316,339.25        21,374.41       9,960.00    Corporate Stock - Common     HENNES & MAURITZ SEK0.25'B'
    132,842.37       111,317.10      22,143.00    Corporate Stock - Common     NORDIC BALTIC HLDG SEK3.5(SEK QUOTE)
     66,759.79        38,235.83       2,350.00    Corporate Stock - Common     SANDVIK AB 'B'SEK6
</TABLE>



                                 Page 26 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
     66,746.85        63,491.77       4,010.00    Corporate Stock - Common     SECURITAS SER'B'SEK1
    144,118.24        81,372.98       1,458.00    Corporate Stock - Common     ABB LTD CHF10(RG)
    380,954.52       143,665.72       3,854.00    Corporate Stock - Common     ABB LTD CHF10(RG)
    333,065.34       129,834.32         521.00    Corporate Stock - Common     ADECCO SA CHF10(REGD)
    253,165.60       325,568.53       1,694.00    Corporate Stock - Common     BARRY CALLEBAUT AG CHF100(REGD)
    125,294.65        90,521.08         670.00    Corporate Stock - Common     CREDIT SUISSE GRP CHF20(REGD)
    276,833.14       246,250.40         600.00    Corporate Stock - Common     FORBO HLDGS AG CHF50(REGD)
    689,034.16       285,031.17         550.00    Corporate Stock - Common     HOLDERBK FN GLARUS CHF50(BR)
    413,778.80       250,727.41         230.00    Corporate Stock - Common     NESTLE SA CHF10(REGD)
    320,228.81       240,853.42         178.00    Corporate Stock - Common     NESTLE SA CHF10(REGD)
    319,448.72       204,471.30         205.00    Corporate Stock - Common     NOVARTIS AG CHF20(REGD)
    665,388.31       592,858.71         427.00    Corporate Stock - Common     NOVARTIS AG CHF20(REGD)
    535,562.75       405,446.74         240.00    Corporate Stock - Common     RICHEMONT(CIE FIN) 'A'CHF100(BR) EQUITY UNIT
    325,863.53       165,671.03          27.00    Corporate Stock - Common     ROCHE HLDG AG GENUSSCHEINE(PTG CERTS) NPV
    364,575.54       635,127.97         365.00    Corporate Stock - Common     SGS HOLDING CHF100(BR)
    224,257.47       200,161.50         360.00    Corporate Stock - Common     SULZER AG CHF80(REGD)
    224,376.91       212,728.99         110.00    Corporate Stock - Common     SWISS REINSURANCE SZF10 (REGD)
    713,844.80       641,105.16       2,103.00    Corporate Stock - Common     SWISSCOM AG CHF25(REGD)
     41,751.27        31,015.69         123.00    Corporate Stock - Common     SWISSCOM AG CHF25(REGD)
    247,792.06       220,842.94         730.00    Corporate Stock - Common     SWISSCOM AG CHF25(REGD)
    205,079.05       160,244.74         750.00    Corporate Stock - Common     UBS AG CHF20(REGD)
    478,517.77       401,028.64       1,750.00    Corporate Stock - Common     UBS AG CHF20(REGD)
  1,251,486.15       565,196.57      34,946.00    Corporate Stock - Common     ADR TAIWAN SEMICONDUCTOR MFG CO LTD ISINUS8740391003
    361,422.00       264,219.22      23,280.00    Corporate Stock - Common     GDR ASUSTEK COMPUTER INC
        217.50            95.70          15.00    Corporate Stock - Common     PVTPL GDR ASUSTEK COMPUTER INC ISIN
                                                                                 US04648R2094 GLOBAL DEPOS RCPT
    125,438.79        54,788.71       7,430.00    Corporate Stock - Common     ABBEY NATIONAL ORD GBP0.10
    265,334.50       115,322.89       5,954.00    Corporate Stock - Common     ASTRAZENECA ORD USD0.25
    815,522.57       561,322.07      18,300.00    Corporate Stock - Common     ASTRAZENECA ORD USD0.25
    374,834.50       444,576.48      65,601.00    Corporate Stock - Common     BAE SYSTEMS ORD GBP0.025
     18,615.74         9,501.61       3,258.00    Corporate Stock - Common     BAE SYSTEMS ORD GBP0.025
    279,776.54       263,602.97       9,705.00    Corporate Stock - Common     BARCLAYS PLC ORD GBP1
     20,179.66        14,074.77         700.00    Corporate Stock - Common     BARCLAYS PLC ORD GBP1
     54,962.16        36,134.11      10,473.00    Corporate Stock - Common     BG ORD GBP0.01133
    277,093.62       344,780.73      52,800.00    Corporate Stock - Common     BG ORD GBP0.01133
    496,309.69       451,951.29      24,100.00    Corporate Stock - Common     BOC GROUP ORD 25P
    282,361.08       194,771.76      13,711.00    Corporate Stock - Common     BOC GROUP ORD 25P
    137,383.49        56,404.98      13,520.00    Corporate Stock - Common     BP AMOCO ORD USD0.25
    148,843.34       264,087.22      24,871.00    Corporate Stock - Common     BRITISH AIRWAYS ORD 25P
    475,412.50       337,507.69      90,179.00    Corporate Stock - Common     BUNZL ORD 25P
    238,348.52       148,355.18      18,590.00    Corporate Stock - Common     CABLE & WIRELESS ORD GBP0.25
    163,926.35       122,254.51      25,860.00    Corporate Stock - Common     CADBURY SCHWEPPES ORD GBP0.125
</TABLE>



                                 Page 27 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>           <C>                          <C>
    395,679.93       347,331.00      62,420.00    Corporate Stock - Common     CADBURY SCHWEPPES ORD GBP0.125
     47,925.78       108,822.47      18,632.00    Corporate Stock - Common     CARADON ORD GBX27.777777
     31,647.79        17,681.69      10,683.00    Corporate Stock - Common     CENTRICA ORD GBX5.55555
  1,146,064.41       166,186.30      30,400.00    Corporate Stock - Common     COLT TELECOM GROUP ORD GBP0.025
    290,510.62       145,883.34      24,000.00    Corporate Stock - Common     COMPASS GROUP ORD GBP0.025
    200,934.09       162,078.20      22,211.00    Corporate Stock - Common     DIAGEO ORD GBX28.935185
     69,012.20        37,816.87       7,000.00    Corporate Stock - Common     ELECTROCOMPONENTS ORD GBP0.10
    392,046.00       356,960.29      54,700.00    Corporate Stock - Common     ENTERPRISE OIL ORD GBP0.25
     62,529.86        25,207.90       4,000.00    Corporate Stock - Common     GKN ORD GBP0.50
    281,384.39       286,247.71      18,000.00    Corporate Stock - Common     GKN ORD GBP0.50
    448,666.90       169,652.88      15,000.00    Corporate Stock - Common     GLAXO WELLCOME ORD GBP0.25
     22,098.88        15,737.82       1,500.00    Corporate Stock - Common     HAYS ORD 1P
     44,192.26        43,428.13      13,770.00    Corporate Stock - Common     HILTON GRP ORD 10P
    537,623.04       520,651.07     115,600.00    Corporate Stock - Common     INVENSYS ORD GBP0.25
    300,999.59       164,865.26      32,640.00    Corporate Stock - Common     KINGFISHER ORD GBP0.125
    184,436.02       297,787.70      20,000.00    Corporate Stock - Common     KINGFISHER ORD GBP0.125
     39,620.85        48,992.56       8,390.00    Corporate Stock - Common     LAING(JOHN) ORD'A'NON V GBP0.25
    158,315.55       242,936.08      40,000.00    Corporate Stock - Common     LAIRD GROUP ORD GBP0.25
    518,929.38       537,056.33      40,600.00    Corporate Stock - Common     LLOYDS TSB GROUP ORD GBP0.25
     97,018.44        45,563.41       7,600.00    Corporate Stock - Common     MARCONI ORD GBP0.05
      2,489.07         3,937.10         922.00    Corporate Stock - Common     MEDEVA ORD GBP0.10
    359,651.36       360,069.52      83,479.00    Corporate Stock - Common     MORGAN CRUCIBLE CO ORD GBP0.25
    684,627.62       221,539.70      29,830.00    Corporate Stock - Common     NAT WEST ORD GBP1
    525,164.85       239,354.45      17,400.00    Corporate Stock - Common     ORANGE ORD 20P(ASSD MANNES SHS&CSH
    310,969.09       317,414.57      36,190.00    Corporate Stock - Common     POWERGEN ORD GBP0.50
     10,725.00        22,120.77       3,440.00    Corporate Stock - Common     RANK GROUP ORD GBP0.10
    250,055.74       268,495.19      40,000.00    Corporate Stock - Common     REED INTERNATIONAL ORD GBP0.125
    703,220.62       714,648.30      62,940.00    Corporate Stock - Common     REUTERS GROUP ORD GBP0.25
    307,066.67       274,130.22      77,350.00    Corporate Stock - Common     REXAM ORD GBX64.285714
    171,415.60       111,269.07       8,750.00    Corporate Stock - Common     RIO TINTO PLC ORD 10P(REGD)
    405,265.66       285,599.47      20,687.00    Corporate Stock - Common     RIO TINTO PLC ORD 10P(REGD)
    340,852.93       353,280.82      17,672.00    Corporate Stock - Common     ROYAL BK SCOTLAND ORD GBP0.25
    335,029.99       479,516.26      54,566.00    Corporate Stock - Common     ROYAL&SUN ALLIANCE ORD GBP0.275
    270,628.55       390,965.20      44,077.00    Corporate Stock - Common     ROYAL&SUN ALLIANCE ORD GBP0.275
    251,155.21       472,700.32      85,469.00    Corporate Stock - Common     SAFEWAY PLC ORD GBP0.25
     28,709.66        38,591.58       9,770.00    Corporate Stock - Common     SAFEWAY PLC ORD GBP0.25
    190,255.79       253,584.97      25,800.00    Corporate Stock - Common     SCOT & SOUTHERN EN ORD GBP0.50
    450,018.16       279,429.60      58,620.00    Corporate Stock - Common     SHELL TRNSPT&TRDG ORD GBP0.25(REGD)
     29,096.93        40,117.41      10,560.00    Corporate Stock - Common     SMITH(DAVID S.)HLD ORD GBP0.10
    404,411.81       120,102.61      30,300.00    Corporate Stock - Common     SMITHKLINE BEECHAM ORD GBP0.0625
     84,615.07       382,043.04     109,539.00    Corporate Stock - Common     STOREHOUSE ORD GBP0.10
    361,501.77       377,183.42      53,000.00    Corporate Stock - Common     TATE & LYLE ORD GBP0.25
</TABLE>



                                 Page 28 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     92,057.94        50,191.69      34,100.00    Corporate Stock - Common     TESCO ORD 5P
    502,889.18       641,888.03      73,600.00    Corporate Stock - Common     TI GROUP ORD GBP0.25
    125,591.10       140,671.02      36,422.00    Corporate Stock - Common     TOMKINS ORD GBP0.05
    258,002.79       347,060.99      74,822.00    Corporate Stock - Common     TOMKINS ORD GBP0.05
    213,622.94       277,211.56      29,285.00    Corporate Stock - Common     UNILEVER ORD GBP0.014
    196,954.74       265,480.59      27,000.00    Corporate Stock - Common     UNILEVER ORD GBP0.014
    103,637.04        80,702.90       8,190.00    Corporate Stock - Common     UNITED NEWS & MEDI ORD 25P
    261,199.33       135,944.86      55,545.00    Corporate Stock - Common     VODAFONE AIRTOUCH ORD USD0.10
    166,938.09       173,250.34      35,500.00    Corporate Stock - Common     VODAFONE AIRTOUCH ORD USD0.10
    378,422.74       419,473.89      51,400.00    Corporate Stock - Common     WOLSELEY ORD 25P
    111,402.97        80,369.64       8,400.00    Corporate Stock - Common     HSBC HLDGS USD0.50(HONGKONG REG)
    946,312.20       485,824.48      21,170.00    Corporate Stock - Common     ASTRAZENECA COMM STK
     80,100.00        65,958.99       1,800.00    Corporate Stock - Common     ASTRAZENECA SPON ADR REP 1 ORD USD0.25
    426,419.76       364,802.18      45,399.00    Corporate Stock - Common     SOUTH AFRICAN BREW USD0.10
        187.50           936.29         200.00    Corporate Stock - Common     ##NUMBER 9 VISUAL TECH CORP COM STK INC
                                                                                 DO NOT USE SEE SEC 2-667701
     74,182.81        40,997.13       1,205.00    Corporate Stock - Common     #REORG ADR RHONE S A SER A N/C AVENTIS
                                                                                 EFF N/A SEE #2042676
     27,625.00        17,614.85         500.00    Corporate Stock - Common     #REORG AIRONET WIRELESS COMM INC COM
                                                                                 STKMERGER W/ CISCO SYS INC 2-158655 3-15-00
        348.56         3,215.00         143.00    Corporate Stock - Common     #REORG ALAMCO ENVIRONMENTAL RES CORP COM
                                                                                 N/C ALANCO TECH INC 2-003805 EFF N/A
     91,771.75       121,195.39       6,412.00    Corporate Stock - Common     #REORG ALLEGHENY TELEDYNE INC COM STK
                                                                                 EXCH ALLEGHANY TECH INC COM REVSPL
     21,289.06        18,348.84         355.93    Corporate Stock - Common     #REORG ALLIED SIGNAL INC COM N/C
                                                                                 HONEYWELL INTL INC #2-388303 12-01-99
  1,112,512.50       372,823.39      18,600.00    Corporate Stock - Common     #REORG ALLIED SIGNAL INC COM N/C
                                                                                 HONEYWELL INTL INC #2-388303 12-01-99
    259,875.00       285,392.57       9,900.00    Corporate Stock - Common     #REORG ARDENT SOFTWARE INC COM STKMGR
                                                                                 W/INFORMIX CORP COM #2-420930 EFF 3-01-00
     46,900.00        69,610.29       1,400.00    Corporate Stock - Common     #REORG ARMSTRONG WORLD IND INC COM N/C
                                                                                 TO ARMSTRONG HLDGS INC 2-027469 5-1-00
  1,050,487.50       606,152.51      10,900.00    Corporate Stock - Common     #REORG ATLC RICHFIELD CO COM DFLT MERGERTO
                                                                                 BP AMOCO PLC ADS 2-043009 4-18-00
     19,729.31        16,384.77         204.71    Corporate Stock - Common     #REORG ATLC RICHFIELD CO COM DFLT MERGERTO
                                                                                 BP AMOCO PLC ADS 2-043009 4-18-00
  2,640,675.00     2,401,674.33      27,400.00    Corporate Stock - Common     #REORG ATLC RICHFIELD CO COM DFLT MERGERTO
                                                                                 BP AMOCO PLC ADS 2-043009 4-18-00
        406.25         8,170.23         500.00    Corporate Stock - Common     #REORG AVATEX CORP RECLASS TO AVATEX
                                                                                 CORP CL A #2-042661 @ 1:1 12-07-99
     14,812.50        20,041.92       1,000.00    Corporate Stock - Common     #REORG BAMBOO.COM INC COM N/C TO
                                                                                 INTERNET PICTURES CORP #2-423828 EFF N/A
</TABLE>



                                 Page 29 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    744,318.75       545,700.00      10,700.00    Corporate Stock - Common     #REORG BIOVAIL CORP INTL NEW COM N/C TO
                                                                                 BIOVAIL CORP COM #2-069335 EFF 3-16-00
      8,750.00        11,363.65       2,500.00    Corporate Stock - Common     #REORG BRILLIANCE CHINA AUTOMOTIVE CV TO
                                                                                 BRILLIANCE CHINA ADR 2-086926 4-17-00
      4,476.50         4,542.45         100.00    Corporate Stock - Common     #REORG C-CUBE MICROSYSTEMS INC STKMGR TO
                                                                                 HARMONIC INC 2-372892 @.5427 EFF 5-03-00
     16,800.00         8,279.95         400.00    Corporate Stock - Common     #REORG C3D INC COM N/C TO CONSTELLATION 3D INC COM
                                                                                 SEE #2-200526 @ 1:1 EFF N/A
      3,587.75         5,750.08         508.00    Corporate Stock - Common     #REORG CAERE CORP COM CASH & STK MERGER TO
                                                                                 SCANSOFT INC COM 2-811309 EFF 3-13-00
      3,437.50        15,435.32      11,000.00    Corporate Stock - Common     #REORG CANYON RES CORP REVSPL TO CANYON
                                                                                 RESOURCES CORP NEW COM 2-108135 3-24-00
        750.00           904.95         100.00    Corporate Stock - Common     #REORG CAVANAUGHS HOSPITALITY CORP N/C
                                                                                 WESTCST HOSPITALITY CORP 2-915294 3-1-00
    733,200.00       685,249.41      14,100.00    Corporate Stock - Common     #REORG CBS CORP COM STK STOCK MERGER TO
                                                                                 VIA INC CL B 2888754 RT 1.085 EFF 5-4-00
  1,343,888.00       561,205.47      25,844.00    Corporate Stock - Common     #REORG CBS CORP COM STK STOCK MERGER TO VIA INC
                                                                                 CL B 2888754 RT 1.085 EFF 5-4-00
     10,400.00         3,561.66         200.00    Corporate Stock - Common     #REORG CBS CORP COM STK STOCK MERGER TO VIA INC
                                                                                 CL B 2888754 RT 1.085 EFF 5-4-00
    104,000.00        89,395.60       2,000.00    Corporate Stock - Common     #REORG CBS CORP COM STK STOCK MERGER TO VIA INC
                                                                                 CL B 2888754 RT 1.085 EFF 5-4-00
        843.75         1,061.20         500.00    Corporate Stock - Common     #REORG CHEQUEMATE INTL INC COM REV SPL
                                                                                 CHEQUEMATE INTL INC NEW 2124316 2-01-00
        200.91         1,195.80         111.00    Corporate Stock - Common     #REORG CIFRA SA DE CV REPSTG B ADR N/C
                                                                                 TO WALMART DE MX SA DE CV 2894651 3-9-00
    101,875.00        94,728.65       2,000.00    Corporate Stock - Common     #REORG CNET INC COM N/C TO CNET NETWORKSINC COM
                                                                                 #2-096744 @ 1 EFF 03-02-00
        110.00         4,482.82         500.00    Corporate Stock - Common     #REORG COHO ENERGY INC BKRPTCY REORG TO
                                                                                 COHO ENERGY INC NEW COM 2185665 4-3-00
     93,500.00        79,687.45       4,000.00    Corporate Stock - Common     #REORG COMAIR HOLDINGS INC COM CASH
                                                                                 MERGER @ $23.50/SHR EFF N/A
      5,875.00         7,190.45       1,000.00    Corporate Stock - Common     #REORG COMPUSA INC COM STK CASH MERGER
                                                                                  @$10.10 EFF 03-10-00
    205,200.00       142,428.37       3,200.00    Corporate Stock - Common     #REORG CONS NAT GAS CO COM CASH MERGER
                                                                                 @$66.60/SHR EFF 01-28-00
     42,337.50        21,221.77         600.00    Corporate Stock - Common     #REORG DAYTON-HUDSON CORP COM N/C TO
                                                                                 TARGET CORP #2-853928 EFF 01-31-00
  1,058,437.50       234,476.15      15,000.00    Corporate Stock - Common     #REORG DAYTON-HUDSON CORP COM N/C TO
                                                                                 TARGET CORP #2-853928 EFF 01-31-00
  1,524,150.00     1,199,796.00      21,600.00    Corporate Stock - Common     #REORG DAYTON-HUDSON CORP COM N/C TO
                                                                                 TARGET CORP #2-853928 EFF 01-31-00
</TABLE>



                                 Page 30 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    555,500.00       290,400.00       8,800.00    Corporate Stock - Common     #REORG DII GRP INC COM STKMGR TO
                                                                                 FLEXTRONICS INTL LTD COM 2-323879 4-3-00
          5.61           603.00          33.00    Corporate Stock - Common     #REORG DIVOT GOLF CORP COM N/C TO
                                                                                 ORBITTRAVEL.COM CORP 2-690412 4-20-00
    297,206.25       240,975.71       6,550.00    Corporate Stock - Common     #REORG DOMINION RES INC VA COM MERGER
                                                                                 DFLT DOMINION RES INC #2-280211 01-28-00
      4,537.50         3,481.56         100.00    Corporate Stock - Common     #REORG DOMINION RES INC VA COM MERGER
                                                                                 DFLT DOMINION RES INC #2-280211 01-28-00
      5,600.00         2,728.70      40,000.00    Corporate Stock - Common     #REORG DRYDEN INDS INC COM REVSPL INT E
                                                                                 RESOURCES INC COM #2-289861 EFF 3-31-00
    413,250.00       358,855.15      17,400.00    Corporate Stock - Common     #REORG EVEREST REINS HLDGS INC STKMGR
                                                                                 PLN W/EVEREST RE GRP LTD 2313244 2-24-00
  6,519,487.50     3,015,852.01      82,200.00    Corporate Stock - Common     #REORG EXXON CORP COM N/C EXXON-MOBIL
                                                                                 CORP EFF 11-30-99 SEE SEC#2313338
  1,403,831.25     1,444,108.82      17,700.00    Corporate Stock - Common     #REORG EXXON CORP COM N/C EXXON-MOBIL
                                                                                 CORP EFF 11-30-99 SEE SEC#2313338
    207,911.53       153,428.42       2,621.42    Corporate Stock - Common     #REORG EXXON CORP COM N/C EXXON-MOBIL
                                                                                 CORP EFF 11-30-99 SEE SEC#2313338
    109,687.50       114,832.73       2,600.00    Corporate Stock - Common     #REORG FDX CORP COM STK N/C TO FEDEX
                                                                                 CORP COM STK #2-319604 EFF 01-19-00
  1,771,875.00       723,725.23      42,000.00    Corporate Stock - Common     #REORG FDX CORP COM STK N/C TO FEDEX
                                                                                 CORP COM STK #2-319604 EFF 01-19-00
    425,250.00       196,062.37      10,080.00    Corporate Stock - Common     #REORG FDX CORP COM STK N/C TO FEDEX
                                                                                 CORP COM STK #2-319604 EFF 01-19-00
      2,131.25         2,226.87         100.00    Corporate Stock - Common     #REORG FIRST SIERRA FINL INC COM N/C TO SIERRA
                                                                                 CITIES INC COM #2-811107 02-01-00
    490,510.00       207,689.53       7,240.00    Corporate Stock - Common     #REORG FLYCAST COMM CORP COM STK MERGER
                                                                                 CMGI INC COM #2-096805 EFF 01-13-00
         21.53            18.49           0.76    Corporate Stock - Common     #REORG FOREMOST CORP AMER COM CASH
                                                                                 MERGER @ $29.25 EFF 03-07-2000
        255.00         5,219.09       1,700.00    Corporate Stock - Common     #REORG FORTUNE FINL SYS INC N/C FORTUNE FINL
                                                                                 SYS OF NEVADA INC 4-12-99 2332445
     40,741.00        10,331.75         622.00    Corporate Stock - Common     #REORG GEN INSTR CORP DEL COM STKMGR
                                                                                 MOTOROLA INC #2-591066 EFF 01-05-00
    386,450.00       122,237.14       5,900.00    Corporate Stock - Common     #REORG GEN INSTR CORP DEL COM STKMGR
                                                                                 MOTOROLA INC #2-591066 EFF 01-05-00
    253,725.00       194,143.77       5,100.00    Corporate Stock - Common     #REORG HAMBRECHT & QUIST GROUP COM CASH
                                                                                 MERGER @ $50.00/SHARE EFF N/A
      1,625.00         3,003.00       2,600.00    Corporate Stock - Common     #REORG HEALTHCARE INTEGRATED SVCS RVSPL HLTHCR
                                                                                 INTGRTD SVCS INC 2-379380 1-19-00
        487.50           454.95         200.00    Corporate Stock - Common     #REORG HIE INC COM N/C TO HEALTHCARE.COMCORP
                                                                                 COM #2-379427 EFF 04-10-00
</TABLE>



                                 Page 31 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    169,575.00       125,422.08       8,400.00    Corporate Stock - Common     #REORG HOLLYWD PK INC N/C TO PINNACLE
                                                                                 ENTRTNMT INC COMSTK 2-730243 2-28-00
    425,362.50       418,039.27       3,800.00    Corporate Stock - Common     #REORG HONEYWELL INC COM STK MERGER
                                                                                 HONEYWELL INTL INC 2-388303 EFF 12-1-99
    481,331.25       169,400.10       4,300.00    Corporate Stock - Common     #REORG HONEYWELL INC COM STK MERGER
                                                                                 HONEYWELL INTL INC 2-388303 EFF 12-1-99
      2,812.50         6,475.00       5,000.00    Corporate Stock - Common     #REORG ICF KAISER INTL INC COM N/C
                                                                                 KAISER GRP INTL INC COM 2436119 12-28-99
      1,968.75         1,948.70         100.00    Corporate Stock - Common     #REORG INDIANA ENERGY INC STKMRGR TO
                                                                                 VECTREN CORP INC COM #2-887919 03-31-00
      8,606.25         3,629.95         300.00    Corporate Stock - Common     #REORG INTEGRATED SYS INC COM STKMRGR
                                                                                 W/WIND RIVER SYS #2-937634 EFF 02-16-00
     43,750.00        67,781.25      10,000.00    Corporate Stock - Common     #REORG INTELLIGENT LIFE CORP COM N/C
                                                                                 ILIFE.COM INC COM #2-409294 12-16-99
      3,450.00         4,098.70         150.00    Corporate Stock - Common     #REORG ISOCOR COM STK MERGER WITH
                                                                                 CRITICAL PATH #2-222601 @ .4707 1-20-00
    260,181.44       204,515.02       6,317.00    Corporate Stock - Common     #REORG KNIGHT/TRIMARK GROUP INC CL A
                                                                                 CUSIP CHG SEE #2-454745 EFF 1-06-00
    441,716.63       422,554.07       5,342.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
  5,246,604.56     1,810,106.30      63,451.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
  2,860,987.50     3,116,996.26      34,600.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
  1,025,325.00       942,040.42      12,400.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
  1,455,300.00     1,393,845.24      17,600.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
     74,418.75        60,252.04         900.00    Corporate Stock - Common     #REORG MCI WORLDCOM INC COM N/C TO
                                                                                 WORLDCOM INC 2945902 RT 1.00 EFF 5-1-0
      3,850.63         3,659.79         122.00    Corporate Stock - Common     #REORG MINDSPRING ENTERPRS INC STKMGR
                                                                                 W/EARTHLINK INC COM 2-295009 2-04-00
     11,055.98         9,675.59         105.99    Corporate Stock - Common     #REORG MOBIL CORP COM EXXON-MOBIL
                                                                                 1.32015 STK MERGER EFF 11-30-99 2313338
  2,764,281.25     1,144,269.38      26,500.00    Corporate Stock - Common     #REORG MOBIL CORP COM EXXON-MOBIL
                                                                                 1.32015 STK MERGER EFF 11-30-99 2313338
  3,067,031.25     2,838,374.65      72,700.00    Corporate Stock - Common     #REORG MONSANTO CO COM N/C TO PHARMACIA
                                                                                 CORP COM #2-712644 @ 1 EFF 3-31-00
     12,656.25        12,691.56         300.00    Corporate Stock - Common     #REORG MONSANTO CO COM N/C TO PHARMACIA
                                                                                 CORP COM #2-712644 @ 1 EFF 3-31-00
    907,031.25       427,526.11      21,500.00    Corporate Stock - Common     #REORG MONSANTO CO COM N/C TO PHARMACIA
                                                                                 CORP COM #2-712644 @ 1 EFF 3-31-00
</TABLE>



                                 Page 32 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      2,495.63         7,144.87          66.00    Corporate Stock - Common     #REORG NIELSEN MEDIA RESH INC NEW COM
                                                                                 CASH MERGER EFF 10-27-99 RATE 37.75/SHR
      9,324.00         5,539.67         126.00    Corporate Stock - Common     #REORG NORTEL NETWORKS CORP COM N/C TO
                                                                                 NORTEL NTWK CORP HLDG CO 2656730 5-01-00
  3,325,560.00       731,016.71      44,940.00    Corporate Stock - Common     #REORG NORTEL NETWORKS CORP COM N/C TO
                                                                                 NORTEL NTWK CORP HLDG CO 2656730 5-01-00
  1,746,400.00       680,927.68      23,600.00    Corporate Stock - Common     #REORG NORTEL NETWORKS CORP COM N/C TO
                                                                                 NORTEL NTWK CORP HLDG CO 2656730 5-01-00
    436,600.00       471,316.75       5,900.00    Corporate Stock - Common     #REORG NORTEL NETWORKS CORP COM N/C TO
                                                                                 NORTEL NTWK CORP HLDG CO 2656730 5-01-00
    173,218.75       115,542.57       2,300.00    Corporate Stock - Common     #REORG OAK INDS INC STK MERGER CORNING
                                                                                 INC #2-219536 @ .83 EFF 01-28-00
    177,187.50       179,900.00      17,500.00    Corporate Stock - Common     #REORG OLSTEN CORP COM MERGER DFLT TO
                                                                                 GENTIVA HLTH SERVICES INC COM #2-346878
     32,400.00         5,563.72         400.00    Corporate Stock - Common     #REORG OMNIPT CORP MGR W/ELCTN TO CASH &
                                                                                 VOICESTRM WIRELS CORP 2893348 2-25-00
      4,918.75         2,230.19          25.00    Corporate Stock - Common     #REORG OPTICAL COATING LAB INC STKMGR W/JDS
                                                                                 UNIPHASE CORP COM #2-427106 2-04-00
    539,095.00       307,883.65       2,740.00    Corporate Stock - Common     #REORG OPTICAL COATING LAB INC STKMGR W/JDS U
                                                                                 NIPHASE CORP COM #2-427106 2-04-00
     32,000.00        16,904.95         500.00    Corporate Stock - Common     #REORG ORTEL CORP COM STKMGR TO LUCENT
                                                                                 TECHNOLOGIES COM #2-517369 EFF 04-27-00
    122,231.25       133,976.92       5,300.00    Corporate Stock - Common     #REORG P P & L RES INC COM N/C TO PPL
                                                                                 CORP COM #2-693904 @ 1:1 EFF 02-14-00
      7,125.00         5,154.95         500.00    Corporate Stock - Common     #REORG PERCON ACQUISITION INC COM CASH
                                                                                 MERGER @ $15/SHR EFF N/A
  1,706,250.00     1,616,967.92      31,200.00    Corporate Stock - Common     #REORG PHARMACIA & UPJOHN INC STKMGR TO
                                                                                 PHARMACIA CORP COM #2-712644 EFF 3-31-00
  1,553,125.00     1,505,927.97      28,400.00    Corporate Stock - Common     #REORG PHARMACIA & UPJOHN INC STKMGR TO
                                                                                 PHARMACIA CORP COM #2-712644 EFF 3-31-00
  1,503,906.25       871,128.92      27,500.00    Corporate Stock - Common     #REORG PHARMACIA & UPJOHN INC STKMGR TO
                                                                                 PHARMACIA CORP COM #2-712644 EFF 3-31-00
    937,890.63       560,909.51      17,150.00    Corporate Stock - Common     #REORG PHARMACIA & UPJOHN INC STKMGR TO
                                                                                 PHARMACIA CORP COM #2-712644 EFF 3-31-00
      4,968.75         5,021.14         500.00    Corporate Stock - Common     #REORG PREMISYS COMMUNICATIONS INC COM
                                                                                 CASH MERGER @ $10.00/SHR EFF 12-22-99
     51,753.75        24,381.40       1,110.00    Corporate Stock - Common     #REORG PREVIEW TRAVEL INC MERGER TO
                                                                                 TRAVELOCITY.COM INC COM 2-866627 3-08-00
          9.00           417.66       3,000.00    Corporate Stock - Common     #REORG QUADRAX CORP COM REV SPL TO
                                                                                 QUADRAX CORP COM NEW #2-752847 2-23-00
     12,080.69         8,155.81         521.00    Corporate Stock - Common     #REORG QUANTUM CORP COM EXCH QUANTUM
                                                                                 CORP DSSG COM @1 CORP ACT 8-3-99 2753014
</TABLE>



                                 Page 33 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>            <C>           <C>                          <C>
    247,406.25       116,555.78       3,500.00    Corporate Stock - Common     #REORG REPUBLIC N.Y CORP COM CASH MERGER
                                                                                 @ $72.00 EFF 12-31-99
    749,287.50       293,566.35      10,600.00    Corporate Stock - Common     #REORG REPUBLIC N.Y CORP COM CASH MERGER
                                                                                 @ $72.00 EFF 12-31-99
     56,987.50        59,610.12       4,700.00    Corporate Stock - Common     #REORG SAFESKIN CORP COM STK MERGER
                                                                                 WITHKIMBERLY CLARK CORP COM #2-452801
        650.00           646.23         200.00    Corporate Stock - Common     #REORG SEATTLE FILMWORKS INC COM N/C TO
                                                                                 PHOTOWORKS INC STK #2-728647 EFF 2-01-00
      8,825.00         3,901.65         100.00    Corporate Stock - Common     #REORG SILKNET SOFTWARE INC COM STKMGR
                                                                                 TO KANA COMM COM #2-824929 EFF 4-18-00
      3,125.00         4,003.17         500.00    Corporate Stock - Common     #REORG SM&A CORP COM N/C TO EMERGENT
                                                                                 INFO TECH INC 2306099 RT 1.00 EFF 5-4-00
      3,406.25         1,558.61         100.00    Corporate Stock - Common     #REORG STANFORD TELECOM INC COM CASH
                                                                                 MERGER @ $34.22/SHR EFF 12-15-99
     23,852.50        22,696.83       1,015.00    Corporate Stock - Common     #REORG STAPLES INC COM N/C STAPLES INC
                                                                                 (RETAIL & DELIVERY) #2844553 EFF N/A
     15,450.00        13,136.14         600.00    Corporate Stock - Common     #REORG STERLING COMM INC COM CASH MERGER
                                                                                 @ $44.25 EFF 03-24-00
    489,412.50       486,756.22      18,600.00    Corporate Stock - Common     #REORG STERLING SOFTWARE INC STKMGR TO
                                                                                 COMPUTER ASSOC INTL INC 2-196409 4-7-00
     23,231.25        30,409.90         900.00    Corporate Stock - Common     #REORG TELEBANC FINL CORP COM EXCH
                                                                                 E*TRADE GRP INC #2-856345 STKMGR EFF N/A
      7,062.00        18,739.46       2,000.00    Corporate Stock - Common     #REORG TERA COMPUTER CO COM N/C TO CRAY INC
                                                                                 COM #2-221182 @ 1 EFF 04-06-00
      8,480.49         5,009.16         203.43    Corporate Stock - Common     #REORG TJ INTL INC COM CASH MERGER
                                                                                 @$42.00/SHR EFF 01-20-00
      1,000.00         1,154.95       1,000.00    Corporate Stock - Common     #REORG TOP SOURCE TECH INC COM N/C
                                                                                 GLOBAL TECHNOVATIONS #2-351371 12-15-99
          8.06             9.11           0.29    Corporate Stock - Common     #REORG TRANSOCEAN OFFSHORE INC N/C
                                                                                 TRANSOCEAN SEDCO FOREX INC #2-828059
    879,450.00       860,625.02      31,200.00    Corporate Stock - Common     #REORG TRANSOCEAN OFFSHORE INC N/C
                                                                                 TRANSOCEAN SEDCO FOREX INC #2-828059
     53,556.25        52,395.35       1,900.00    Corporate Stock - Common     #REORG TRANSOCEAN OFFSHORE INC N/C
                                                                                 TRANSOCEAN SEDCO FOREX INC #2-828059
     20,594.68        15,783.00       1,010.78    Corporate Stock - Common     #REORG TRIANGLE BANCORP INC COM STKMRGR TO
                                                                                 CENTURA BKS INC COM #2-117738 2-17-00
     20,766.62        55,764.89      14,770.00    Corporate Stock - Common     #REORG TRIKON TECH INC COM RVSPL TRIKON TECH INC
                                                                                 NEW COM STK #2-868377 EFF N/A
      8,268.75        11,290.68         210.00    Corporate Stock - Common     #REORG UBID INC COM STK MERGER TO CMGI
                                                                                 INC #2-096805 @ .2628 EFF 04-28-00
      9,712.31         6,034.68         187.00    Corporate Stock - Common     #REORG UNITED HEALTHCARE CORP COM N/C TO
                                                                                 UNITEDHEALTH GROUP INC #2-883755 4-20-00
</TABLE>



                                 Page 34 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    425,887.50       341,739.98       8,200.00    Corporate Stock - Common     #REORG UNITED HEALTHCARE CORP COM N/C TO
                                                                                 UNITEDHEALTH GROUP INC #2-883755 4-20-00
    306,431.25       289,384.96       5,900.00    Corporate Stock - Common     #REORG UNITED HEALTHCARE CORP COM N/C TO
                                                                                 UNITEDHEALTH GROUP INC #2-883755 4-20-00
    986,212.50       680,844.09      23,800.00    Corporate Stock - Common     #REORG USWEB CORP COM STK MERGER WITH
                                                                                 WHITTMAN-HART INC COM #2-929792 3-01-00
      8,287.50         6,817.75         200.00    Corporate Stock - Common     #REORG USWEB CORP COM STK MERGER WITH
                                                                                 WHITTMAN-HART INC COM #2-929792 3-01-00
      9,675.00         4,355.75         100.00    Corporate Stock - Common     #REORG UTD PAN-EUROPE COMM N V RECLASS
                                                                                 ADR PAN EUR CL A 8-26-99 SEE #2882106
     34,100.00        28,893.59       2,200.00    Corporate Stock - Common     #REORG VANTIVE CORP COM STK MERGER
                                                                                 PEOPLESOFT INC COM #2-707364 FFF N/A
      3,587.50         2,312.26         100.00    Corporate Stock - Common     #REORG VISIO CORP COM STK MERGER WITH
                                                                                 MICROSOFT CORP 2-569279 @ .45 1-07-00
    286,541.90       287,823.82      10,279.53    Corporate Stock - Common     #REORG WALT DISNEY CO COM N/C DISNEY COMSTOCK
                                                                                 SEE SEC# 2279467 EFF N/A
      5,821.88         4,324.69         150.00    Corporate Stock - Common     #REORG WATKINS JOHNSON CO COM CASH
                                                                                 MERGER @ $41.125/SHR EFF 01-31-2000
        648.00         1,277.35         500.00    Corporate Stock - Common     #REORG WIRELESS 1 INC COM EXCH @ CASH
                                                                                 1.1319248 (PLAN OF BANKRUPTCY) 12-10-99
        600.00         2,910.41         400.00    Corporate Stock - Common     #REORG ZITEL CORP COM N/C TO FORTEL INC
                                                                                 #2-326991 @ 1 EFF 05-08-00
    131,381.25       115,721.93       2,100.00    Corporate Stock - Common     #REYNOLDS METALS CO COM STK MERGER TO
                                                                                 ALCOA INC COM #2-008393 EFF 5-03-00
     74,662.50        69,459.50       2,200.00    Corporate Stock - Common     1 VAL BANCORP INC COMMMON
    515,700.00       460,953.19          90.00    Corporate Stock - Common     1/10 BERKSHIRE HATHAWAY INC DEL CL A COMSTK
         90.00         1,589.10      30,000.00    Corporate Stock - Common     1ST MIRACLE GROUP INC COM
      2,795.63         3,919.90         315.00    Corporate Stock - Common     3DFX INTERACTIVE INC COM
    198,375.00       122,028.27      23,000.00    Corporate Stock - Common     3DSHOPPING COM
      5,830.00         7,798.70         110.00    Corporate Stock - Common     4 KIDS ENTMT INC COM
    980,000.00       851,217.03      14,000.00    Corporate Stock - Common     5TH 3RD BANCORP COM
    733,250.00       408,491.53      10,475.00    Corporate Stock - Common     5TH 3RD BANCORP COM
        550.00         3,940.85         200.00    Corporate Stock - Common     7 SEAS PETE INC COM
     34,318.75        35,306.75       1,900.00    Corporate Stock - Common     AARON RENTS INC CL B
        240.00         6,054.40       2,000.00    Corporate Stock - Common     ABACAN RES CORP NEW COM
        270.00         5,800.00       5,000.00    Corporate Stock - Common     ABACUS MIN CORP COM
  1,957,000.00       915,590.12      51,500.00    Corporate Stock - Common     ABBOTT LAB COM
     95,017.10       103,869.16       2,500.45    Corporate Stock - Common     ABBOTT LAB COM
      6,475.00         5,579.95         200.00    Corporate Stock - Common     ABERCROMBIE & FITCH CO CL A
      6,175.00         3,279.95         200.00    Corporate Stock - Common     ABIOMED INC COM
     10,200.00        10,604.95         600.00    Corporate Stock - Common     ACE LTD ORD SH COM
    355,031.25       294,942.29      10,500.00    Corporate Stock - Common     ACME COMMUNICATIONS INC COM STK
</TABLE>



                                 Page 35 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      2,481.25         1,875.86         100.00    Corporate Stock - Common     ACNIELSEN CORP COM STKZ
    305,193.75       341,330.56      12,300.00    Corporate Stock - Common     ACNIELSEN CORP COM STKZ
      6,112.50         4,629.95         200.00    Corporate Stock - Common     ACT MFG INC COM
    120,120.00       127,923.20       8,000.00    Corporate Stock - Common     ACTIVISION INC NEW COM NEW
      4,732.63         7,578.33         404.93    Corporate Stock - Common     ADAC LABS COM NEW
      1,031.25         2,342.45         500.00    Corporate Stock - Common     ADAMS GOLF INC COM
     37,712.50        18,761.42         700.00    Corporate Stock - Common     ADAPTEC INC COM
    921,262.50       630,548.37      17,100.00    Corporate Stock - Common     ADAPTEC INC COM
    188,562.50       138,906.25       3,500.00    Corporate Stock - Common     ADAPTEC INC COM
    597,100.00       543,632.11      11,200.00    Corporate Stock - Common     ADC TELECOMMUNICATIONS INC COM
     31,987.50        24,836.94         600.00    Corporate Stock - Common     ADC TELECOMMUNICATIONS INC COM
    271,893.75       225,825.00       5,100.00    Corporate Stock - Common     ADC TELECOMMUNICATIONS INC COM
     84,500.00        38,235.41       2,704.00    Corporate Stock - Common     ADELPHIA BUSINESS SOLUTIONS INC CL A
    802,500.00       469,773.71      25,680.00    Corporate Stock - Common     ADELPHIA BUSINESS SOLUTIONS INC CL A
      1,675.00         1,429.95         100.00    Corporate Stock - Common     ADMINISTAFF INC COM
    288,487.50        94,228.16       4,200.00    Corporate Stock - Common     ADOBE SYS INC COM
     11,676.88        11,517.40         170.00    Corporate Stock - Common     ADOBE SYS INC COM
     25,425.00        19,354.21         600.00    Corporate Stock - Common     ADR AKZO NOBEL N V SPONSORED ADR
      7,612.50         7,079.95         200.00    Corporate Stock - Common     ADR ALCATEL ALSTHOM ISIN #US0139043055
      6,421.88         6,509.93         250.00    Corporate Stock - Common     ADR ANGLOGOLD LTD SPONSORED ADR
     11,050.00        12,866.30       1,300.00    Corporate Stock - Common     ADR ASIA PULP & PAPER LTD SPONSORED ADR
        275.00             -            200.00    Corporate Stock - Common     ADR ASIA PULP & PAPER LTD SPONSORED ADR
                                                                                 REPSTG WT EXP 7-27-2000
  1,343,900.00     1,289,654.22      30,200.00    Corporate Stock - Common     ADR ASTRAZENECA PLC SPONSORED ADR
      2,625.00        11,011.17       3,000.00    Corporate Stock - Common     ADR BANCA QUADRUM S A SPONSORED ADR
     67,534.88        33,651.87       6,246.00    Corporate Stock - Common     ADR BANCO SANTANDER CENT HISPANO S A
        812.50         3,711.75         500.00    Corporate Stock - Common     ADR BANCO WIESE SPONSORED ADR ISIN
                                                                                 #US0596511099
     18,395.94        23,739.88       1,591.00    Corporate Stock - Common     ADR BASS PUB LTD CO SPONSORED
      2,950.00         3,222.52         200.00    Corporate Stock - Common     ADR BNK TOKYO MITSUBISHI LTD SPONSORED
     24,375.00        21,913.14         400.00    Corporate Stock - Common     ADR BP AMOCO P L C SPONSORED ADR
          2.00        26,867.53       2,000.00    Corporate Stock - Common     ADR BUENOS AIRES EMBOTELLADORA S A
      8,205.87        40,383.46       7,845.00    Corporate Stock - Common     ADR C P POKPHAND LTD SPONSORED ADR ISIN #US1259181022
      2,762.50         1,753.25         104.00    Corporate Stock - Common     ADR CABLE & WIRELESS HKT SPONSORED ADR
     40,942.50        27,923.16       1,030.00    Corporate Stock - Common     ADR CABLE & WIRELESS PUB LTD CO  SPONSORED
      4,687.50         4,404.95         500.00    Corporate Stock - Common     ADR CATHAY PAC AIRW LTD
      3,343.75         7,037.09         250.00    Corporate Stock - Common     ADR CHINA EASTN AIRLS LTD SPONSORED ADR REPSTG CL H
     12,187.50        17,135.43       1,000.00    Corporate Stock - Common     ADR CHINA SOUTHN AIRLS LTD 50 SHS CL H
                                                                                 ISIN US1694091091
     12,262.50        15,100.09         600.00    Corporate Stock - Common     ADR CORUS GROUP PLC SPONSORED ADR
      4,601.56         5,689.37         125.00    Corporate Stock - Common     ADR DIAGEO PLC SPONSORED
      2,650.00         3,052.43         100.00    Corporate Stock - Common     ADR DUCATI MTR HLDGS SPA SPONSORED ADR
                                                                                 REPSTG 10 SHS
</TABLE>



                                 Page 36 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
        138.23           283.15          75.00    Corporate Stock - Common     ADR DURBAN ROODERPORT DEEP LTD
     54,750.00        53,009.59       2,000.00    Corporate Stock - Common     ADR ELAN PLC
  1,617,862.50     1,823,967.18      59,100.00    Corporate Stock - Common     ADR ELAN PLC
     17,512.50        21,738.85       4,670.00    Corporate Stock - Common     ADR EMPRESAS ICA SOCIEDAD CONTROLADORA SA DE C V 
                                                                                 SPONSORED REPSTG ORD CTF COM
    162,873.75        64,515.72       3,380.00    Corporate Stock - Common     ADR ERICSSON L.M TEL CO CL B SER 10 NEW
     13,440.63        15,848.17         850.00    Corporate Stock - Common     ADR ESPIRITO SANTO FINL HLDG S A ISIN
                                                                                 #US29665F2002
      3,443.75         4,372.03         950.00    Corporate Stock - Common     ADR FLETCHER CHALLENGE LTD FOREST
      1,150.00         3,898.98         200.00    Corporate Stock - Common     ADR FLETCHER CHALLENGE PAPER DIV  SPONSORED
     32,690.63        27,693.44         550.00    Corporate Stock - Common     ADR GLAXO WELLCOME PLC SPONSORED ADR
     13,312.50        26,214.20       3,000.00    Corporate Stock - Common     ADR GOLD FIELDS LTD NEW SPONSORED ADR
      6,593.00         4,967.45       1,000.00    Corporate Stock - Common     ADR HARMONY GOLD MNG LTD
      4,356.00         6,501.60       3,630.00    Corporate Stock - Common     ADR HONG KONG & CHINA GAS LTD
    522,306.25       316,037.50      19,300.00    Corporate Stock - Common     ADR INDPT ENERGY HLDGS PLC SPONSORED ADR
    974,180.00       840,086.79     232,640.00    Corporate Stock - Common     ADR INSIGNIA SOLUTIONS PLC SPONSORED
     34,000.00        18,279.95       1,000.00    Corporate Stock - Common     ADR IONA TECHNOLOGIES PLC
  1,309,146.38     2,219,873.62      52,629.00    Corporate Stock - Common     ADR KLM ROYAL DUTCH AIRLS COM N Y REG  NEW
      6,865.50        12,145.14         276.00    Corporate Stock - Common     ADR KLM ROYAL DUTCH AIRLS COM N Y REG  NEW
     30,711.50        20,659.97         257.00    Corporate Stock - Common     ADR KONINKLIJKE PHILIPS ELECTRS N V
                                                                                 SPONSORED ADR NEW
  1,807,796.00     1,156,756.37      15,128.00    Corporate Stock - Common     ADR KONINKLIJKE PHILIPS ELECTRS N V
                                                                                 SPONSORED ADR NEW
  1,669,800.00     1,018,034.77       6,600.00    Corporate Stock - Common     ADR MATSUSHITA ELEC INDL CO LTD A.D.R.
                                                                                 FOR DOLLAR VALIDATED COM
     26,300.00        30,638.60       1,600.00    Corporate Stock - Common     ADR MINAS BUENAVENTURA SPON
      2,685.00         1,700.46          30.00    Corporate Stock - Common     ADR NESTLE SA SPONSORED REPSTG REG SH
     16,375.00        13,379.95         400.00    Corporate Stock - Common     ADR NICE SYS LTD
    190,836.94       111,483.33       1,381.00    Corporate Stock - Common     ADR NOKIA CORP SPONSORED FINLAND
  3,482,325.00     1,078,094.29      25,200.00    Corporate Stock - Common     ADR NOKIA CORP SPONSORED FINLAND
  4,491,093.75     1,779,146.65      32,500.00    Corporate Stock - Common     ADR NOKIA CORP SPONSORED FINLAND
      7,700.00         7,294.06         100.00    Corporate Stock - Common     ADR NOVARTIS AG SPONSORED ADR ISIN
                                                                                 #US66987V1098
         61.06             -            284.00    Corporate Stock - Common     ADR P T INTI INDORAYON UTAMA SPONSORED  ADR
     11,025.00        19,892.88       9,800.00    Corporate Stock - Common     ADR P T TRI POLYTA INDONESIA SPONSORED  ADR
     22,269.38        26,043.07       1,605.00    Corporate Stock - Common     ADR PERUSAHAAN PERSEROAN PERSERO
                                                                                 INDONESIAN SATELLITE CORP SPONSORED
      7,812.50         8,659.90         500.00    Corporate Stock - Common     ADR PETRO GEO SERVICES
      3,593.75         1,543.25         100.00    Corporate Stock - Common     ADR POHANG IRON & STL LTD SPON ADR REPR 1/4 ORD
      9,600.00         9,342.45         200.00    Corporate Stock - Common     ADR PORTUGAL TELECOM
      7,000.00         6,429.95         800.00    Corporate Stock - Common     ADR PT PASIFIK SATELIT NUSAN
</TABLE>



                                 Page 37 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     20,722.50        17,406.54       2,456.00    Corporate Stock - Common     ADR PT TELEKOMUNIKASI INDONESIA  SPONSORED
  1,671,625.00     1,137,718.88      21,500.00    Corporate Stock - Common     ADR RIO TINTO PLC
      3,356.25         3,571.38         100.00    Corporate Stock - Common     ADR SAP AKTIENGESELLSCHAFT
      4,562.50         3,155.08         100.00    Corporate Stock - Common     ADR SHELL TRANS & TRADING PLC NY SH NEW
     42,363.13        18,305.89         230.00    Corporate Stock - Common     ADR SONY CORP AMER DEPY RCPT FOR
                                                                                 DOLLAR-VALIDATED COM BKD BY 1 SH COM
  1,712,943.75       651,970.62       9,300.00    Corporate Stock - Common     ADR SONY CORP AMER DEPY RCPT FOR
                                                                                 DOLLAR-VALIDATED COM BKD BY 1 SH COM
     22,477.50        12,439.90         180.00    Corporate Stock - Common     ADR STMICROELECTRONICS N V SHS-N Y
                                                                                 REGISTRY
      1,277.50         1,043.70          40.00    Corporate Stock - Common     ADR TELE DANMARK A/S SPONSORED ADR
                                                                                 REPSTG CL B SHS
     10,829.81         9,050.47         117.00    Corporate Stock - Common     ADR TELE DE MEX SA CV L RPSTG SH ORD L
     17,812.50        15,529.95       1,000.00    Corporate Stock - Common     ADR TELE NORTE LESTE PARTICIPACOES S A
                                                                                 SPONSORED ADR REPSTG PFD
      5,875.00         6,527.73         200.00    Corporate Stock - Common     ADR TELECOM ARGENTINA STET FRANCE
                                                                                 TELECOM S A
  1,827,337.50     1,368,498.97      33,300.00    Corporate Stock - Common     ADR TEVA PHARMACEUTICAL INDS LTD ADR
                                                                                 ISIN #US8816242098
      5,175.75         7,027.13         201.00    Corporate Stock - Common     ADR TNT POST GROUP N V SPONSORD ADR
  1,053,746.69       664,440.56      19,357.00    Corporate Stock - Common     ADR UNILEVER N V NY SHS NEW
    326,625.00       412,362.75       6,000.00    Corporate Stock - Common     ADR UNILEVER N V NY SHS NEW
      2,400.00         3,248.70         100.00    Corporate Stock - Common     ADR VOLVO AKTIEBOLAGET CL B
      7,700.00         7,124.18         200.00    Corporate Stock - Common     ADR YPF SOCIEDAD ANONIMA SPONSORED
                                                                                 REPSTG CL D SHS
    372,457.50       503,788.89       9,370.00    Corporate Stock - Common     ADVANCE PARADIGM INC COM
        318.75         1,506.39         300.00    Corporate Stock - Common     ADVANCED DEPOSITION TECHNOLOGIES INC COM
        362.50         1,342.45         100.00    Corporate Stock - Common     ADVANCED ENGINE TECHNOLOGIES INC COM
    314,281.25       142,292.39      11,300.00    Corporate Stock - Common     ADVANCED FIBRE COMMUNICATIONS INC COM
    103,323.44        47,744.25       3,715.00    Corporate Stock - Common     ADVANCED FIBRE COMMUNICATIONS INC COM
    141,250.00       111,002.58       5,000.00    Corporate Stock - Common     ADVANCED MICRO DEVICES INC COM
    757,100.00       458,079.00      26,800.00    Corporate Stock - Common     ADVANCED MICRO DEVICES INC COM
     56,500.00        39,314.32       2,000.00    Corporate Stock - Common     ADVANCED MICRO DEVICES INC COM
      5,000.00         3,772.38      50,000.00    Corporate Stock - Common     ADVANCED PLT PHARMACEUTICALS INC COM 
                                                                                 STKISIN# US00756F2011
      5,500.00         5,559.90         400.00    Corporate Stock - Common     ADVANCED RADIO TELECOM CORP COM
     25,500.00        57,327.78       8,000.00    Corporate Stock - Common     ADVANCED TISSUE SCIENCES INC COM
    645,680.00       523,123.16      11,530.00    Corporate Stock - Common     ADVENT SOFTWARE INC COM STK
    184,800.00       157,619.00       3,300.00    Corporate Stock - Common     ADVENT SOFTWARE INC COM STK
     11,587.50         7,654.95         200.00    Corporate Stock - Common     AES CORP COM
    405,562.50       274,486.43       7,000.00    Corporate Stock - Common     AES CORP COM
    742,900.00     1,076,614.40      13,600.00    Corporate Stock - Common     AETNA INC COM STK
    275,801.63       299,222.75       5,049.00    Corporate Stock - Common     AETNA INC COM STK
</TABLE>



                                 Page 38 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    606,487.50       601,010.29      16,200.00    Corporate Stock - Common     AFFILIATED COMPUTER SVCS INC CL A COM
      9,359.38         9,701.83         250.00    Corporate Stock - Common     AFFILIATED COMPUTER SVCS INC CL A COM
     68,600.00        17,840.28         700.00    Corporate Stock - Common     AFFYMETRIX INC OC-CAP STK
    430,875.00       461,610.00       9,000.00    Corporate Stock - Common     AFLAC INC COM
    201,075.00       187,288.50       4,200.00    Corporate Stock - Common     AFLAC INC COM
     14,386.29        14,957.40         300.50    Corporate Stock - Common     AFLAC INC COM
      2,937.50         3,395.15         200.00    Corporate Stock - Common     AG SVCS AMER INC COM
     36,914.06        40,184.63         875.00    Corporate Stock - Common     AGILENT TECHNOLOGIES INC COM
      9,648.99        11,159.29         521.57    Corporate Stock - Common     AGL RES INC COM
      7,562.50        17,496.57       1,000.00    Corporate Stock - Common     AGNICO EAGLE MINES LTD COM
     10,500.00        23,519.72       2,400.00    Corporate Stock - Common     AHT CORP COM
     21,675.00        24,457.03       4,080.00    Corporate Stock - Common     AIR CDA INC CL A NON VTG CL A NON VTG
                                                                                 COM STK ISIN# CA0089113074
    799,662.50       908,559.50      24,700.00    Corporate Stock - Common     AIR PROD & CHEM INC COM
    252,525.00       186,538.45       7,800.00    Corporate Stock - Common     AIR PROD & CHEM INC COM
      4,637.50         5,194.12         200.00    Corporate Stock - Common     AIRBORNE FGHT CORP COM
     11,562.50        21,418.63       2,500.00    Corporate Stock - Common     AIRTRAN HLDGS INC COM
    326,800.00       451,823.85       8,600.00    Corporate Stock - Common     AK AIR GROUP INC COM
     15,770.00        16,584.59         415.00    Corporate Stock - Common     AK AIR GROUP INC COM
    486,937.50       584,259.55      29,400.00    Corporate Stock - Common     AK STL HLDG CORP COM STK PAR $0.01
     66,500.00        87,884.77      14,000.00    Corporate Stock - Common     AKSYS LTD COM
     11,500.00         9,591.28       1,000.00    Corporate Stock - Common     ALADDIN KNOWLEDGE SYS COM
     49,993.75        30,709.10       1,900.00    Corporate Stock - Common     ALBERTO-CULVER CO CL B COM
    455,875.88       335,775.69      14,274.00    Corporate Stock - Common     ALBERTSON S INC COM
    260,100.00       189,852.42       7,650.00    Corporate Stock - Common     ALCAN ALUM LTD (NEW) COM
      6,611.37         5,806.13         100.94    Corporate Stock - Common     ALCOA INC COM STK
    989,050.00     1,008,340.93      15,100.00    Corporate Stock - Common     ALCOA INC COM STK
  2,292,500.00       790,559.57      35,000.00    Corporate Stock - Common     ALCOA INC COM STK
    517,450.00       512,872.24       7,900.00    Corporate Stock - Common     ALCOA INC COM STK
    812,200.00       299,409.25      12,400.00    Corporate Stock - Common     ALCOA INC COM STK
      1,575.00         6,935.39       1,200.00    Corporate Stock - Common     ALDILA INC
     72,800.00        83,447.04       3,200.00    Corporate Stock - Common     ALEXANDER & BALDWIN INC COM
      6,062.50        14,592.45         500.00    Corporate Stock - Common     ALGOS PHARMACEUTICAL CORP COM
  1,049,750.00       804,229.19      24,700.00    Corporate Stock - Common     ALKERMES INC COM
    695,902.50       537,808.46       9,420.00    Corporate Stock - Common     ALLEGIANCE TELECOM INC COM
    216,425.00        60,032.17       2,200.00    Corporate Stock - Common     ALLERGAN INC COM
      4,500.00         4,154.95       1,000.00    Corporate Stock - Common     ALLIANCE PHARMACEUTICAL CORP COM
      2,227.70         1,942.09         110.01    Corporate Stock - Common     ALLIED CAP CORP NEW COM
      5,737.50         6,779.12         900.00    Corporate Stock - Common     ALLIED RESH CORP COM
    523,957.50       446,123.90      24,090.00    Corporate Stock - Common     ALLIED RISER COMMUNICATIONS CORP COM STK
     52,000.00       114,992.00       6,400.00    Corporate Stock - Common     ALLIED WASTE INDS INC COM PAR $0.01 NEW
    408,812.50       371,238.32      21,100.00    Corporate Stock - Common     ALLOY ONLINE INC COM STK
</TABLE>



                                 Page 39 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     71,529.11        86,288.66       2,731.42    Corporate Stock - Common     ALLSTATE CORP COM
    707,795.75       473,912.20      27,028.00    Corporate Stock - Common     ALLSTATE CORP COM
        116.43            63.56           1.35    Corporate Stock - Common     ALLTEL CORP COM ISIN #US0200391037
    890,950.00       413,752.76      10,300.00    Corporate Stock - Common     ALLTEL CORP COM ISIN #US0200391037
    207,600.00       170,111.54       2,400.00    Corporate Stock - Common     ALLTEL CORP COM ISIN #US0200391037
          4.00        25,520.30       4,000.00    Corporate Stock - Common     ALPHA BETA TECH INC COM
    488,320.00       507,514.99      15,260.00    Corporate Stock - Common     ALPHARMA INC CL A
      2,525.00         3,098.41         200.00    Corporate Stock - Common     ALPINE GROUP INC COM
    499,320.00       336,064.66      17,520.00    Corporate Stock - Common     ALREF COM STK
    746,700.00       632,135.25      26,200.00    Corporate Stock - Common     ALREF COM STK
        156.00         7,880.00       2,000.00    Corporate Stock - Common     ALTA GOLD CO COM
      4,800.00        11,135.08       1,200.00    Corporate Stock - Common     ALTAIR INTL GOLD INC COM
     68,098.00        45,460.29       1,264.00    Corporate Stock - Common     ALTERA CORP COM
    146,837.50       110,234.53       3,400.00    Corporate Stock - Common     ALZA CORP COM
    941,487.50       879,726.70      21,800.00    Corporate Stock - Common     ALZA CORP COM
    385,333.13       318,404.13       4,530.00    Corporate Stock - Common     AMAZON COM INC COM
  1,297,100.00     1,036,448.99      23,800.00    Corporate Stock - Common     AMBAC FNCL GROUP COM STK
      8,875.00         6,015.00         500.00    Corporate Stock - Common     AMCOL INTL CORP COM
    207,075.00       231,306.13       6,600.00    Corporate Stock - Common     AMER ELEC PWR CO INC COM
  2,299,950.00       573,236.79      15,200.00    Corporate Stock - Common     AMER EXPRESS CO COM
  1,028,925.00       132,721.19       6,800.00    Corporate Stock - Common     AMER EXPRESS CO COM
    559,856.25       377,622.00       3,700.00    Corporate Stock - Common     AMER EXPRESS CO COM
     30,262.50        24,084.15         200.00    Corporate Stock - Common     AMER EXPRESS CO COM
     86,200.00       121,189.00       3,200.00    Corporate Stock - Common     AMER FINL GROUP INC OH COM STK
    616,924.69       270,317.28       8,415.00    Corporate Stock - Common     AMER GEN CORP COM
     54,193.75        55,750.76       2,300.00    Corporate Stock - Common     AMER GREETINGS CORP CL A COM
  2,303,600.00       978,516.62      44,300.00    Corporate Stock - Common     AMER HOME PROD CORP COM
     13,739.39        12,996.84         264.22    Corporate Stock - Common     AMER HOME PROD CORP COM
  1,955,200.00     1,805,776.63      37,600.00    Corporate Stock - Common     AMER HOME PROD CORP COM
  5,416,701.50     1,478,128.66      52,462.00    Corporate Stock - Common     AMER INTL GROUP INC COM
  1,148,656.25       833,385.40      11,125.00    Corporate Stock - Common     AMER INTL GROUP INC COM
  1,565,063.50     1,384,090.13      15,158.00    Corporate Stock - Common     AMER INTL GROUP INC COM
     49,823.18        26,471.56         482.55    Corporate Stock - Common     AMER INTL GROUP INC COM
  1,806,875.00       970,428.38      17,500.00    Corporate Stock - Common     AMER INTL GROUP INC COM
  4,448,475.00     3,430,367.92      61,200.00    Corporate Stock - Common     AMER ON-LINE COM
  5,009,695.19     3,983,121.64      68,921.00    Corporate Stock - Common     AMER ON-LINE COM
  5,451,562.50     3,255,537.63      75,000.00    Corporate Stock - Common     AMER ON-LINE COM
  1,642,737.50       902,864.46      22,600.00    Corporate Stock - Common     AMER ON-LINE COM
    290,750.00       284,372.60       4,000.00    Corporate Stock - Common     AMER ON-LINE COM
    248,306.25       207,931.50      12,300.00    Corporate Stock - Common     AMER W HLDGS CORP CL B
    130,512.19       131,682.63       6,465.00    Corporate Stock - Common     AMER W HLDGS CORP CL B
     85,705.00       281,353.61     140,500.00    Corporate Stock - Common     AMER WILD WOODLAND GINSENG CORP
</TABLE>



                                 Page 40 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
      7,922.61         7,478.15         309.93    Corporate Stock - Common     AMER WTR WK CO INC COM
    179,606.25       142,536.20       3,100.00    Corporate Stock - Common     AMERADA HESS CORP COM
  1,344,150.00     1,478,984.56      23,200.00    Corporate Stock - Common     AMERADA HESS CORP COM
    927,000.00       739,115.79      16,000.00    Corporate Stock - Common     AMERADA HESS CORP COM
    159,275.00       175,089.15       4,600.00    Corporate Stock - Common     AMEREN CORP COM
      5,461.61         6,056.76         157.74    Corporate Stock - Common     AMEREN CORP COM
    519,375.00       583,578.70      15,000.00    Corporate Stock - Common     AMEREN CORP COM
     13,062.50        12,029.95         500.00    Corporate Stock - Common     AMERICAN TOWER CORP CL A
     82,581.25        85,099.76       3,650.00    Corporate Stock - Common     AMERITRADE HLDG CORP CL A
      3,600.00         4,359.90       1,800.00    Corporate Stock - Common     AMERN BK NT HOLOGRAPHICS INC DEL COM
      2,012.50         1,773.70         100.00    Corporate Stock - Common     AMERN CAP STRATEGIES LTD COM
    273,700.00       204,000.00      13,600.00    Corporate Stock - Common     AMERN CAP STRATEGIES LTD COM
    529,975.00       564,142.16      11,600.00    Corporate Stock - Common     AMERN EAGLE OUTFITTERS INC NEW COM
    682,571.25       435,311.40      14,940.00    Corporate Stock - Common     AMERN EAGLE OUTFITTERS INC NEW COM
     95,218.75       111,657.15       5,500.00    Corporate Stock - Common     AMERN FREIGHTWAYS CORP COM
    556,156.25       377,444.23      18,500.00    Corporate Stock - Common     AMERN ITALIAN PASTA CO CL A
    293,750.00       303,787.93      10,000.00    Corporate Stock - Common     AMERN MGMT SYS INC COM
    443,691.38       271,998.20     114,501.00    Corporate Stock - Common     AMERN MULTIPLEXER CORP COM
      4,762.50         2,520.50         200.00    Corporate Stock - Common     AMERN PWR CONVERSION CORP COM
    657,654.38       753,835.36      16,890.00    Corporate Stock - Common     AMERN STD COS INC DEL COM
     38,000.00        29,184.90       2,000.00    Corporate Stock - Common     AMERN SUPERCONDUCTOR CORP
     38,868.75        35,562.60         900.00    Corporate Stock - Common     AMERON INTL CORP DEL COM
    209,843.75       227,370.76       7,900.00    Corporate Stock - Common     AMES DEPT STORES INC COM NEW
        592.88           489.00         186.00    Corporate Stock - Common     AMF BOWLING INC COM STK
  1,498,575.00     1,103,292.42      21,200.00    Corporate Stock - Common     AMFM INC COM
  1,658,475.00       487,812.34      36,400.00    Corporate Stock - Common     AMGEN INC COM
  1,576,462.50       363,211.99      34,600.00    Corporate Stock - Common     AMGEN INC COM
    458,723.25       318,544.57      10,068.00    Corporate Stock - Common     AMGEN INC COM
    140,012.50       138,593.57       2,300.00    Corporate Stock - Common     AMR CORP COM
    310,462.50       196,898.91       5,100.00    Corporate Stock - Common     AMR CORP COM
      3,600.00         6,935.50       1,800.00    Corporate Stock - Common     AMRESCO INC COM
    300,081.25       372,451.30      13,300.00    Corporate Stock - Common     AMSOUTH BANCORPORATION COM
    513,400.00       150,634.15      60,400.00    Corporate Stock - Common     AMYLIN PHARMACEUTICALS INC
    129,537.50       144,678.77       4,300.00    Corporate Stock - Common     ANADARKO PETRO CORP COM
    333,137.50       334,370.00       5,800.00    Corporate Stock - Common     ANALOG DEVICES INC COM
      4,350.00         3,829.95         100.00    Corporate Stock - Common     ANAREN MICROWAVE INC COM
        450.00         1,848.10       5,000.00    Corporate Stock - Common     ANATOLIA MINERALS DEV LTD
    115,631.25       119,656.32       2,100.00    Corporate Stock - Common     ANCHOR GAMING COM
          -           21,807.50         750.00    Corporate Stock - Common     ANDEAN AMERN MNG CORP COM
     30,000.00        32,020.00       1,000.00    Corporate Stock - Common     ANDOVER BANCORP INC DEL COM
     38,328.13        36,471.32       2,750.00    Corporate Stock - Common     ANDREW CORP COM
     37,406.25        36,238.58         500.00    Corporate Stock - Common     ANHEUSER BUSCH COS INC COM
</TABLE>



                                 Page 41 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
  1,182,037.50       457,315.69      15,800.00    Corporate Stock - Common     ANHEUSER BUSCH COS INC COM
    160,962.50       142,437.00       7,900.00    Corporate Stock - Common     ANIXTER INTL INC COM
    779,534.38       697,664.35      18,050.00    Corporate Stock - Common     ANNTAYLOR STORES CORP COM
    895,440.00       406,696.46      15,990.00    Corporate Stock - Common     ANTEC CORP COM
    310,481.25       228,175.66       8,700.00    Corporate Stock - Common     AON CORP COM
    139,668.75       137,597.08       3,900.00    Corporate Stock - Common     APACHE CORP COM
     14,514.91        13,604.20         405.30    Corporate Stock - Common     APACHE CORP COM
    447,656.25       529,207.85      12,500.00    Corporate Stock - Common     APACHE CORP COM
      1,156.25         1,304.95         100.00    Corporate Stock - Common     APEX MTG CAP INC COM
        625.91         1,474.70         103.24    Corporate Stock - Common     APOGEE ENTERPRISES INC COM
  1,761,750.00     1,010,185.82      18,000.00    Corporate Stock - Common     APPLE COMPUTER INC COM
    135,948.38        64,762.75       1,389.00    Corporate Stock - Common     APPLE COMPUTER INC COM
    528,525.00       208,192.49       5,400.00    Corporate Stock - Common     APPLE COMPUTER INC COM
    213,887.50       237,600.30       7,100.00    Corporate Stock - Common     APPLEBEES INTL INC COM
     42,317.01        30,864.77       1,404.71    Corporate Stock - Common     APPLEBEES INTL INC COM
     35,962.50        33,104.40       2,100.00    Corporate Stock - Common     APPLIED INDL TECHNOLOGIES INC COM
      8,156.25        95,417.96      14,500.00    Corporate Stock - Common     APPLIED MAGNETICS CORP COM
  1,237,456.25       265,698.13      12,700.00    Corporate Stock - Common     APPLIED MATERIALS INC COM
  1,364,125.00       828,881.38      14,000.00    Corporate Stock - Common     APPLIED MATERIALS INC COM
  1,656,437.50     1,142,796.00      17,000.00    Corporate Stock - Common     APPLIED MATERIALS INC COM
    237,260.31       135,805.73       2,435.00    Corporate Stock - Common     APPLIED MATERIALS INC COM
  1,773,362.50     1,883,064.50      18,200.00    Corporate Stock - Common     APPLIED MATERIALS INC COM
      4,156.25         4,154.95          50.00    Corporate Stock - Common     APPLIED MICRO CIRCUITS CORP CDT-COM
    839,562.50       485,659.52      10,100.00    Corporate Stock - Common     APPLIED MICRO CIRCUITS CORP CDT-COM
    882,787.50       184,164.99      10,620.00    Corporate Stock - Common     APPLIED MICRO CIRCUITS CORP CDT-COM
    311,850.00       241,639.89      13,200.00    Corporate Stock - Common     APPLIED SCI & TECH INC
      5,906.25         1,764.97         250.00    Corporate Stock - Common     APPLIED SCI & TECH INC
      9,950.00         9,029.95         200.00    Corporate Stock - Common     APPNET INC FORMERLY APPNET SYS INC TO
                                                                                 10/06/1999
    541,415.00       537,498.55      19,960.00    Corporate Stock - Common     APTARGROUP INC COM
     43,400.00        49,174.00       1,600.00    Corporate Stock - Common     APTARGROUP INC COM
     65,000.00        37,589.50       5,200.00    Corporate Stock - Common     AR BEST CORP DEL COM
      2,500.00         2,279.95         200.00    Corporate Stock - Common     AR BEST CORP DEL COM
    260,379.06       253,597.62      20,935.00    Corporate Stock - Common     ARCHER-DANIELS-MIDLAND CO COM
     32,483.50        37,780.40       2,611.74    Corporate Stock - Common     ARCHER-DANIELS-MIDLAND CO COM
    870,625.00     1,237,353.35      70,000.00    Corporate Stock - Common     ARCHER-DANIELS-MIDLAND CO COM
      1,055.75             -            410.00    Corporate Stock - Common     ARGENTINA REP WT EXP 02-25-2000
    101,700.00       104,951.52       7,200.00    Corporate Stock - Common     ARGOSY GAMING CO COM
     31,093.75        38,641.72       2,500.00    Corporate Stock - Common     ARIEL CORP COM
    567,300.00       439,666.60      24,800.00    Corporate Stock - Common     ARROW ELECTR INC COM
    482,056.25       374,005.93      22,100.00    Corporate Stock - Common     ARTESYN TECHNOLOGIES INC COM
    193,906.25       272,607.32       7,300.00    Corporate Stock - Common     ARVIN INDS INC COM
</TABLE>



                                 Page 42 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
    229,765.63       342,204.67       8,650.00    Corporate Stock - Common     ARVIN INDS INC COM
      1,750.00        11,076.49       2,000.00    Corporate Stock - Common     ASANTE TECHNOLOGIES INC COM
         67.06             -             37.00    Corporate Stock - Common     ASCENT ASSURN INC COM
         36.94             -            197.00    Corporate Stock - Common     ASCENT ASSURN INC WT EXP 03-24-2004
        600.00         1,118.63         200.00    Corporate Stock - Common     ASCHE TRANSN SVCS INC COM
        557.55         3,771.08         177.00    Corporate Stock - Common     ASHANTI GOLDFIELDS CO LTD SHS ISIN#
                                                                                 GH000890232
     13,500.00        18,326.77         400.00    Corporate Stock - Common     ASHLAND INC COM
     81,000.00        86,863.64       2,400.00    Corporate Stock - Common     ASHLAND INC COM
      4,593.00         4,779.95       1,000.00    Corporate Stock - Common     ASHWORTH INC COM
      1,250.00         1,884.59       1,000.00    Corporate Stock - Common     ASIA PAC COM
      3,000.00         2,894.31         300.00    Corporate Stock - Common     ASIA PAC FD INC COM
      1,729.00         2,194.55          52.00    Corporate Stock - Common     ASSOC 1ST CAP CORP CL A COM
  1,928,500.00     2,252,254.78      58,000.00    Corporate Stock - Common     ASSOC 1ST CAP CORP CL A COM
    819,812.00       531,033.36      24,656.00    Corporate Stock - Common     ASSOC 1ST CAP CORP CL A COM
        569.63         1,319.43         147.00    Corporate Stock - Common     ASTEA INTL IINC COM
    174,125.00       184,628.00       7,000.00    Corporate Stock - Common     ASTEC INDS INC COM
    305,850.70       346,609.97       9,700.00    Corporate Stock - Common     ASTORIA FINL CORP COM
    428,821.60       593,863.04      13,600.00    Corporate Stock - Common     ASTORIA FINL CORP COM
      1,250.00         1,473.70         100.00    Corporate Stock - Common     ASTROPOWER INC CDT-COM
     66,521.75        20,300.90       1,665.00    Corporate Stock - Common     ASYST TECHNOLOGIES INC COM
    527,627.63       455,691.62       9,443.00    Corporate Stock - Common     AT & T CORP COM STK
  4,039,762.50     3,559,174.71      72,300.00    Corporate Stock - Common     AT & T CORP COM STK
    577,613.57       527,659.75      10,337.60    Corporate Stock - Common     AT & T CORP COM STK
  6,048,971.63     2,631,347.55     108,259.00    Corporate Stock - Common     AT & T CORP COM STK
    171,981.00       171,581.32       3,546.00    Corporate Stock - Common     AT HOME CORP COM SER A
  2,453,808.38       405,970.12      58,686.00    Corporate Stock - Common     AT&T CORP COM LIBERTY MEDIA GROUP SER A
  1,057,856.25       978,391.81      25,300.00    Corporate Stock - Common     AT&T CORP COM LIBERTY MEDIA GROUP SER A
      1,443.75         1,872.40         300.00    Corporate Stock - Common     ATG INC COM
     87,526.56        90,253.07       3,475.00    Corporate Stock - Common     ATLAS AIR INC COM
    320,510.94       308,123.12      12,725.00    Corporate Stock - Common     ATLAS AIR INC COM
     84,763.75        84,101.25       4,085.00    Corporate Stock - Common     ATLC COAST AIRLINES HLDG COM
    466,946.25       319,112.50      10,420.00    Corporate Stock - Common     ATMEL CORP COM
     22,406.25        17,075.00         500.00    Corporate Stock - Common     ATMEL CORP COM
    649,781.25       285,105.50      14,500.00    Corporate Stock - Common     ATMEL CORP COM
     17,250.00        21,090.00       3,000.00    Corporate Stock - Common     ATRIX LABS INC COM
        104.00         6,009.10       8,000.00    Corporate Stock - Common     AUGUSTA CORP CL A
      2,325.00         3,022.02         300.00    Corporate Stock - Common     AULT INC COM
     10,400.00        81,466.84      26,000.00    Corporate Stock - Common     AURA SYS INC
  1,036,875.00       333,388.33      21,000.00    Corporate Stock - Common     AUTO DATA PROCESSING INC COM
     23,206.25        20,345.17         470.00    Corporate Stock - Common     AUTO DATA PROCESSING INC COM
  1,535,562.50       945,538.59      31,100.00    Corporate Stock - Common     AUTO DATA PROCESSING INC COM
</TABLE>



                                 Page 43 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     58,625.00        61,938.50       2,000.00    Corporate Stock - Common     AUTODESK INC COM
     29,312.50        27,154.95       1,000.00    Corporate Stock - Common     AUTODESK INC COM
     16,791.50        38,393.95      21,500.00    Corporate Stock - Common     AUTOIMMUNE INC COM
      9,312.50        17,752.22       1,000.00    Corporate Stock - Common     AUTONATION INC DEL COM
     10,500.00         9,029.95       1,000.00    Corporate Stock - Common     AUTOWEB COM INC COM
     16,537.50        16,655.26         600.00    Corporate Stock - Common     AUTOZONE INC COM
    137,812.50       130,054.28       5,000.00    Corporate Stock - Common     AUTOZONE INC COM
     14,062.50        12,819.80         900.00    Corporate Stock - Common     AVANT CORP COM
    385,937.50       364,557.34      24,700.00    Corporate Stock - Common     AVANT CORP COM
        800.00         1,529.95         200.00    Corporate Stock - Common     AVATERRA COM INC COM
    225,625.00        91,462.39       3,800.00    Corporate Stock - Common     AVERY DENNISON CORP COM
      1,350.00           961.63         200.00    Corporate Stock - Common     AVI BIOPHARMA INC COM
    177,862.50       277,614.85       9,300.00    Corporate Stock - Common     AVIS GROUP HLDGS INC COM
    467,032.50       600,609.52      24,420.00    Corporate Stock - Common     AVIS GROUP HLDGS INC COM
    320,650.00       150,907.97       8,800.00    Corporate Stock - Common     AVON PROD INC COM
    120,562.50       101,467.50       3,000.00    Corporate Stock - Common     AVT CORP COM
    427,987.50       492,968.40      11,300.00    Corporate Stock - Common     AWARE INC MASS COM
    228,650.00       187,022.40       6,800.00    Corporate Stock - Common     AXA FINL INC COM
     84,075.00        47,937.35       3,800.00    Corporate Stock - Common     AXENT TECHNOLOGIES INC COM
      5,400.00         9,816.73       7,200.00    Corporate Stock - Common     AZCO MNG INC DEL COM
    113,287.50        54,893.26      10,600.00    Corporate Stock - Common     AZTAR CORP COM
      4,062.50         2,447.09       1,000.00    Corporate Stock - Common     AZTEC TECH PARTNERS INC COM
        440.00         2,787.29       5,500.00    Corporate Stock - Common     B A T INTL INC COM
     35,350.00        35,471.41       1,400.00    Corporate Stock - Common     BAKER HUGHES INC COM
    631,250.00       506,030.00      25,000.00    Corporate Stock - Common     BAKER HUGHES INC COM
    281,285.00       204,181.90      11,140.00    Corporate Stock - Common     BAKER HUGHES INC COM
      1,010.00         3,868.30      10,000.00    Corporate Stock - Common     BALACLAVA INDS LTD COM
      5,868.75         5,429.95         300.00    Corporate Stock - Common     BALDOR ELEC CO COM
    259,196.88       325,902.49       6,970.00    Corporate Stock - Common     BALL CORP COM
     37,187.50        29,716.00       1,000.00    Corporate Stock - Common     BALL CORP COM
    197,093.75       237,691.78       5,300.00    Corporate Stock - Common     BALL CORP COM
    219,555.00       314,530.31       8,364.00    Corporate Stock - Common     BALLARD PWR SYS INC COM
      1,468.00         2,092.46       1,000.00    Corporate Stock - Common     BALLISTIC RECOVERY SYS INC COM STK
     15,356.25        11,369.13         675.00    Corporate Stock - Common     BALLY TOTAL FITNESS HLDG CORP COM
        281.00         1,404.95       1,000.00    Corporate Stock - Common     BANCPRO INC COM
    105,750.00       104,607.60       2,400.00    Corporate Stock - Common     BANCWEST CORP NEW COM
    992,887.50       315,445.92      24,900.00    Corporate Stock - Common     BANK N.Y. CO INC COM
     76,221.89        84,835.64       2,162.32    Corporate Stock - Common     BANK ONE CORP COM
  1,400,130.00     1,218,016.58      39,720.00    Corporate Stock - Common     BANK ONE CORP COM
    493,500.00       524,704.36      14,000.00    Corporate Stock - Common     BANK ONE CORP COM
    565,393.13       539,513.96      10,410.00    Corporate Stock - Common     BARD C R INC CAP
     92,331.25        46,485.18       1,700.00    Corporate Stock - Common     BARD C R INC CAP
</TABLE>



                                 Page 44 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
          -            5,587.67         300.00    Corporate Stock - Common     BARNESANDNOBLE COM INC CL A ISIN
                                                                                 #US0678461056
      9,450.00         9,873.70         300.00    Corporate Stock - Common     BARR LABS INC COM
     89,964.00       107,679.71       4,998.00    Corporate Stock - Common     BARRICK GOLD CORP
    237,600.00       353,882.10      13,200.00    Corporate Stock - Common     BARRICK GOLD CORP
      9,625.00        16,772.50       7,000.00    Corporate Stock - Common     BARRISTER INFORMATION SYS CORP COM NEW
      1,293.60         3,324.60         300.00    Corporate Stock - Common     BARRY R G CORP - OH COM
     20,250.00        30,201.53       8,100.00    Corporate Stock - Common     BATTLE MOUNTAIN GOLD CO COM
    104,143.75        71,190.88       1,900.00    Corporate Stock - Common     BAUSCH & LOMB INC COM
    685,156.25       424,037.50      12,500.00    Corporate Stock - Common     BAUSCH & LOMB INC COM
    668,868.75       322,717.09       9,900.00    Corporate Stock - Common     BAXTER INTL INC COM
  1,560,693.75     1,290,374.69      23,100.00    Corporate Stock - Common     BAXTER INTL INC COM
    165,825.00       165,936.10       9,900.00    Corporate Stock - Common     BAY VIEW CAP CORP DEL COM
    346,950.00       352,845.04      10,800.00    Corporate Stock - Common     BB&T CORP COM
  1,358,887.50     1,504,272.66      42,300.00    Corporate Stock - Common     BB&T CORP COM
      2,100.00         5,259.94         300.00    Corporate Stock - Common     BE AEROSPACE INC COM
      7,187.50         6,029.95         500.00    Corporate Stock - Common     BE INC COM STK
     14,218.75        11,573.26         175.00    Corporate Stock - Common     BEA SYS INC COM
    167,769.98       209,892.61       4,110.75    Corporate Stock - Common     BEAR STEARNS COS INC COM
    661,366.56       657,166.94      16,205.00    Corporate Stock - Common     BEAR STEARNS COS INC COM
    231,625.00       113,397.54       8,500.00    Corporate Stock - Common     BECTON DICKINSON & CO COM
    678,525.00       715,824.72      24,900.00    Corporate Stock - Common     BECTON DICKINSON & CO COM
    708,500.00       756,839.20      26,000.00    Corporate Stock - Common     BECTON DICKINSON & CO COM
    146,875.00       160,287.86       4,700.00    Corporate Stock - Common     BED BATH BEYOND INC COM
    587,500.00       506,596.04      18,800.00    Corporate Stock - Common     BED BATH BEYOND INC COM
      1,906.95         2,110.25         111.36    Corporate Stock - Common     BEDFORD PPTY INVS INC COM PAR $0.02
  3,331,883.63     1,485,998.00      52,626.00    Corporate Stock - Common     BELL ATLC CORP COM
      6,496.18         4,942.73         102.61    Corporate Stock - Common     BELL ATLC CORP COM
  1,418,200.00     1,261,909.25      22,400.00    Corporate Stock - Common     BELL ATLC CORP COM
    949,687.50       951,850.50      15,000.00    Corporate Stock - Common     BELL ATLC CORP COM
  1,150,068.75     1,201,395.12      24,900.00    Corporate Stock - Common     BELLSOUTH CORP COM STK
  2,951,381.25     1,050,455.90      63,900.00    Corporate Stock - Common     BELLSOUTH CORP COM STK
      4,875.00         4,680.13       1,000.00    Corporate Stock - Common     BELLWETHER EXPL CO COM NEW
      6,500.00        44,668.50       8,000.00    Corporate Stock - Common     BEMA GOLD CORP COM
     56,700.00        44,265.04       1,800.00    Corporate Stock - Common     BEMIS CO INC COM
      1,980.50         2,006.05         233.00    Corporate Stock - Common     BENTHOS INC COM
    283,466.25       272,343.25       6,810.00    Corporate Stock - Common     BERINGER WINE ESTATES HLDGS INC CL B
    186,500.00       197,917.71         100.00    Corporate Stock - Common     BERKSHIRE HATHAWAY INC CL B COM
    142,187.50       129,067.72       2,275.00    Corporate Stock - Common     BEST BUY INC COM STK
    431,250.00       454,263.57       6,900.00    Corporate Stock - Common     BEST BUY INC COM STK
    515,237.50       236,368.01       9,400.00    Corporate Stock - Common     BESTFOODS COM
      6,250.00        12,238.17       1,000.00    Corporate Stock - Common     BETHLEHEM STEEL CORP COM
</TABLE>



                                 Page 45 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     27,500.00        62,871.89       4,400.00    Corporate Stock - Common     BETHLEHEM STEEL CORP COM
     14,350.00        39,334.92       1,400.00    Corporate Stock - Common     BEYOND COM CORP COM
    132,500.00       238,566.20      10,000.00    Corporate Stock - Common     BINDLEY WESTN INDS INC COM
        325.00         2,029.95         200.00    Corporate Stock - Common     BINGO COM INC ISIN US09051N1081
      1,200.00         1,012.31         100.00    Corporate Stock - Common     BIO TECH GEN CORP COM
      1,547.37         5,007.01      23,445.00    Corporate Stock - Common     BIOCONTROL TECH INC COM
     12,875.00        10,029.95         500.00    Corporate Stock - Common     BIOCRYST PHARMACEUTICALS INC COM
          9.00         4,681.65         300.00    Corporate Stock - Common     BIOFIELD CORP COM
      3,653.13         3,154.61          50.00    Corporate Stock - Common     BIOGEN INC COM
        693.75           816.15         300.00    Corporate Stock - Common     BIOLASE TECH INC COM
    120,412.50        59,367.86       3,800.00    Corporate Stock - Common     BIOMET INC COM
     31,900.00        30,581.80       4,400.00    Corporate Stock - Common     BIRMINGHAM STL CORP COM
        521.44           559.31           9.00    Corporate Stock - Common     BISYS GROUP INC COM
    401,506.88       375,674.96       6,930.00    Corporate Stock - Common     BISYS GROUP INC COM
    269,100.00       302,026.62       4,600.00    Corporate Stock - Common     BK AMER CORP COM
    957,703.50       327,439.64      16,371.00    Corporate Stock - Common     BK AMER CORP COM
  3,424,590.00     1,725,324.00      58,540.00    Corporate Stock - Common     BK AMER CORP COM
      5,850.00         5,667.45         100.00    Corporate Stock - Common     BK AMER CORP COM
    421,825.00       442,781.92       9,400.00    Corporate Stock - Common     BLACK & DECKER CORP COM
      4,619.93         3,560.03         102.95    Corporate Stock - Common     BLACK & DECKER CORP COM
    130,137.50        79,242.05       2,900.00    Corporate Stock - Common     BLACK & DECKER CORP COM
      7,437.50         7,234.76         125.00    Corporate Stock - Common     BLACK BOX CORP DEL COM
      2,187.50         2,517.45         100.00    Corporate Stock - Common     BLACK HILLS CORP COM
     48,125.00        48,229.06       2,200.00    Corporate Stock - Common     BLACK HILLS CORP COM
    625,668.75       476,700.00      34,050.00    Corporate Stock - Common     BLACKROCK INC CL A COM STK
    243,600.00       205,547.33       4,200.00    Corporate Stock - Common     BLANCH E W HLDGS INC COM
      1,975.00         2,042.45         200.00    Corporate Stock - Common     BLDG MATLS HLDG CORP COM
     16,787.50        21,054.50       1,700.00    Corporate Stock - Common     BLDG MATLS HLDG CORP COM
          -           10,599.01       4,100.00    Corporate Stock - Common     BLIMPIE INTL INC COM
    141,900.00       103,483.05       3,300.00    Corporate Stock - Common     BLOCK H & R INC COM
     20,387.50        19,512.43         280.00    Corporate Stock - Common     BMC SOFTWARE INC COM STK
    589,781.25       461,625.48       8,100.00    Corporate Stock - Common     BMC SOFTWARE INC COM STK
  1,638,281.25       789,917.14      22,500.00    Corporate Stock - Common     BMC SOFTWARE INC COM STK
    228,000.00       233,328.00       6,400.00    Corporate Stock - Common     BNK UNITED CORP CL A COM
    976,125.00     1,102,465.97      27,400.00    Corporate Stock - Common     BNK UNITED CORP CL A COM
    287,092.23       284,304.42       7,034.42    Corporate Stock - Common     BOEING CO CAP
    579,537.50       584,237.70      14,200.00    Corporate Stock - Common     BOEING CO CAP
  1,325,834.88       857,256.86      32,486.00    Corporate Stock - Common     BOEING CO CAP
    508,987.50       451,530.02      14,700.00    Corporate Stock - Common     BOISE CASCADE CORP COM
    581,700.00       552,966.23      16,800.00    Corporate Stock - Common     BOISE CASCADE CORP COM
     65,787.50        63,581.93       1,900.00    Corporate Stock - Common     BOISE CASCADE CORP COM
     19,250.00        18,369.80       1,750.00    Corporate Stock - Common     BOLDER TECHNOLOGIES CORP COM
</TABLE>



                                 Page 46 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      3,100.00         4,405.19         200.00    Corporate Stock - Common     BORDERS GROUP INC COM STK
    229,635.00       329,202.25       5,670.00    Corporate Stock - Common     BORG WARNER AUTOMOTIVE INC COM
    124,031.25       176,846.25      10,500.00    Corporate Stock - Common     BOWNE & CO INC COM
     21,037.50        21,150.04       3,400.00    Corporate Stock - Common     BOYD GAMING CORP
     82,856.25        69,214.50       2,700.00    Corporate Stock - Common     BRADY CORP CL A COM STK
        756.25         2,179.95         100.00    Corporate Stock - Common     BRASS EAGLE INC COM
      1,000.00           175.73       2,000.00    Corporate Stock - Common     BRE-X MINERALS LTD COM
    245,812.50       289,723.64       4,600.00    Corporate Stock - Common     BRIGGS & STRATTON CORP CAP
     42,750.00        26,100.97         800.00    Corporate Stock - Common     BRIGGS & STRATTON CORP CAP
    395,437.50       389,620.84       7,400.00    Corporate Stock - Common     BRIGGS & STRATTON CORP CAP
     19,000.00       132,341.46      19,000.00    Corporate Stock - Common     BRIGHTON TECHNOLOGIES CORP COM PAR  $0.001 NEW
     59,737.50        37,374.65       5,400.00    Corporate Stock - Common     BRIGHTPOINT INC COM
    460,418.75       545,818.14      20,350.00    Corporate Stock - Common     BRINKER INTL INC COM
  2,447,593.75     1,430,496.23      33,500.00    Corporate Stock - Common     BRISTOL MYERS SQUIBB CO COM
     98,634.38        84,278.56       1,350.00    Corporate Stock - Common     BRISTOL MYERS SQUIBB CO COM
  2,593,718.75     2,295,839.37      35,500.00    Corporate Stock - Common     BRISTOL MYERS SQUIBB CO COM
  4,917,106.25     1,374,359.11      67,300.00    Corporate Stock - Common     BRISTOL MYERS SQUIBB CO COM
      2,062.50        15,171.00       3,000.00    Corporate Stock - Common     BRISTOL RETAIL SOLUTIONS INC COM
    144,324.38        91,623.15         806.00    Corporate Stock - Common     BROADCOM CORP CL A
    321,065.63        62,908.14       3,450.00    Corporate Stock - Common     BROADVISION INC COM
    781,725.00       744,592.37       8,400.00    Corporate Stock - Common     BROADVISION INC COM
      6,087.13         3,856.14         209.00    Corporate Stock - Common     BROADWING INC COM ISIN US1116201005
     53,550.00        51,493.00       3,400.00    Corporate Stock - Common     BROWN SHOE INC NEW COM
    272,475.00       272,627.80      17,300.00    Corporate Stock - Common     BROWN SHOE INC NEW COM
     36,231.25        42,387.00       3,100.00    Corporate Stock - Common     BROWN TOM INC COM NEW
    144,181.25        71,973.15       2,300.00    Corporate Stock - Common     BROWN-FORMAN INC CL B NON-VTG COM
     67,618.75        58,050.13       3,100.00    Corporate Stock - Common     BRUNSWICK CORP COM
    399,168.75       399,372.50      18,300.00    Corporate Stock - Common     BRUNSWICK CORP COM
    250,843.75       267,946.62      11,500.00    Corporate Stock - Common     BRUNSWICK CORP COM
      1,477.75         2,431.61         101.91    Corporate Stock - Common     BSTN ACOUSTICS INC COM
        718.75           792.45         100.00    Corporate Stock - Common     BSTN BEER INC CL A
      3,523.50        11,973.50       8,700.00    Corporate Stock - Common     BSTN CHICKEN INC
      8,493.75         9,754.20         300.00    Corporate Stock - Common     BSTN PPTYS INC COM STK
     52,178.75        73,419.66       2,470.00    Corporate Stock - Common     BSTN SCIENTIFIC CORP COM
    295,750.00       241,313.01      14,000.00    Corporate Stock - Common     BSTN SCIENTIFIC CORP COM
    370,875.00       406,115.31      34,500.00    Corporate Stock - Common     BUFFETS INC COM
    457,475.00       287,919.68      15,775.00    Corporate Stock - Common     BURL NORTHN SANTA FE CORP COM
     13,450.00        18,629.95         400.00    Corporate Stock - Common     BURL RES INC COM
    245,025.38       288,082.20       7,287.00    Corporate Stock - Common     BURL RES INC COM
      1,000.00         5,239.00      10,000.00    Corporate Stock - Common     BURZYNSKI RESCH INST INC COM
    170,887.50       107,182.52       4,900.00    Corporate Stock - Common     C H ROBINSON WORLDWIDE INC COM
</TABLE>



                                 Page 47 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      4,709.20         4,104.95         200.00    Corporate Stock - Common     CA AMPLIFIER INC COM
    181,925.00       172,339.88       7,600.00    Corporate Stock - Common     CABLE DESIGN TECHNOLOGIES CORP
    135,331.25       150,740.07       5,900.00    Corporate Stock - Common     CABLETRON SYS INC COM
     59,087.00        36,484.02       2,576.00    Corporate Stock - Common     CABLETRON SYS INC COM
     33,000.00        31,313.25       1,500.00    Corporate Stock - Common     CACI INTL INC CL A
      8,875.00         6,722.86         500.00    Corporate Stock - Common     CADENCE DESIGN SYS INC COM
     18,195.26        25,042.96       1,249.46    Corporate Stock - Common     CALLAWAY GOLF CO COM
    620,680.00       163,984.49      10,520.00    Corporate Stock - Common     CALPINE CORP COM
    755,200.00       438,653.80      12,800.00    Corporate Stock - Common     CALPINE CORP COM
      8,125.00         6,762.75       5,000.00    Corporate Stock - Common     CALTON INC NEW COM NEW
      2,730.00         7,074.71       3,000.00    Corporate Stock - Common     CAMBRIDGE NEUROSCIENCE INC COM
      5,750.00         6,488.41         400.00    Corporate Stock - Common     CAMBRIDGE TECH PARTNERS MASS INC COM
    562,275.00       506,703.45      12,600.00    Corporate Stock - Common     CAMPBELL SOUP CO COM
    655,987.50       344,146.33      14,700.00    Corporate Stock - Common     CAMPBELL SOUP CO COM
      2,721.32         2,757.47          60.98    Corporate Stock - Common     CAMPBELL SOUP CO COM
     69,225.00        61,956.16       1,300.00    Corporate Stock - Common     CANANDAIGUA BRANDS INC CL A
      4,500.00         7,184.90       2,000.00    Corporate Stock - Common     CANDLEWOOD HOTEL CO INC COM
    311,968.75       279,473.23       6,700.00    Corporate Stock - Common     CAP 1 FNCL COM
  1,666,937.50     1,684,050.97      35,800.00    Corporate Stock - Common     CAP 1 FNCL COM
     46,616.61        45,503.17       1,001.16    Corporate Stock - Common     CAP 1 FNCL COM
  1,705,387.50     1,963,700.52      32,600.00    Corporate Stock - Common     CARDINAL HLTH INC
      7,794.56         9,451.52         149.00    Corporate Stock - Common     CARDINAL HLTH INC
    481,275.00       496,671.58       9,200.00    Corporate Stock - Common     CARDINAL HLTH INC
        456.25           904.95         100.00    Corporate Stock - Common     CAREMARK RX INC COM
          6.25         2,285.40         125.00    Corporate Stock - Common     CARING PRODS INTL INC COM STK
      3,356.25         3,744.06         100.00    Corporate Stock - Common     CARLISLE COMPANIES INC COM
     14,129.80        13,796.98         320.22    Corporate Stock - Common     CARNIVAL CORP COM
    917,800.00       895,663.18      20,800.00    Corporate Stock - Common     CARNIVAL CORP COM
    162,675.00       160,890.66       5,400.00    Corporate Stock - Common     CAROLINA PWR & LT CO COM
    118,125.00       117,869.82       4,500.00    Corporate Stock - Common     CARPENTER TECH CORP COM
      3,375.00         6,117.00       2,000.00    Corporate Stock - Common     CARRIZO OIL & GAS INC COM
     26,343.75        23,589.06       1,500.00    Corporate Stock - Common     CASCADE NAT GAS CORP COM
     31,612.50        32,312.70       1,800.00    Corporate Stock - Common     CASCADE NAT GAS CORP COM
          0.20         1,443.09         200.00    Corporate Stock - Common     CASMYN CORP COM
    533,750.00       483,651.28       5,600.00    Corporate Stock - Common     CATALINA MARKETING CORP COM
      1,943.75         2,222.31         100.00    Corporate Stock - Common     CATAPULT COMMUNICATIONS CORP COM
    556,500.00       278,231.77      12,000.00    Corporate Stock - Common     CATERPILLAR INC COM
     56,573.51        59,845.72       1,219.91    Corporate Stock - Common     CATERPILLAR INC COM
    718,812.50       210,207.93      15,500.00    Corporate Stock - Common     CATERPILLAR INC COM
      2,625.00         5,111.50         200.00    Corporate Stock - Common     CB RICHARD ELLIS SVCS INC COM
     50,063.21        57,356.11       4,500.06    Corporate Stock - Common     CBRL GROUP INC COM STK
     12,625.00        14,526.56       2,000.00    Corporate Stock - Common     CDA SOUTHN PETE LTD LTD VTG SH
</TABLE>



                                 Page 48 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     11,975.00        13,429.95         400.00    Corporate Stock - Common     CDN NATL RY CO COM
      6,506.25         6,086.04         300.00    Corporate Stock - Common     CDN PAC LTD NEW COM
    858,825.00       584,373.62      39,600.00    Corporate Stock - Common     CDN PAC LTD NEW COM
     42,187.50        24,008.48         600.00    Corporate Stock - Common     CDW COMPUTER CTRS INC COM
    192,000.00       191,208.32       6,400.00    Corporate Stock - Common     CEC ENTMT INC COM
      9,500.00        14,092.46       1,000.00    Corporate Stock - Common     CELL PATHWAYS INC NEW COM
      3,250.00         3,572.09       1,000.00    Corporate Stock - Common     CELL THERAPEUTICS INC CDT-COM
    404,820.63       573,239.89      24,442.00    Corporate Stock - Common     CENDANT CORP COM STK
     86,373.44       124,839.37       5,215.00    Corporate Stock - Common     CENDANT CORP COM STK
    556,000.00       575,948.28      27,800.00    Corporate Stock - Common     CENT & S W CORP COM
    144,000.00       176,236.14       7,200.00    Corporate Stock - Common     CENT & S W CORP COM
    249,562.50       281,417.40       6,600.00    Corporate Stock - Common     CENT NEWSPAPER INC CL A COM
        924.00        31,629.82         224.00    Corporate Stock - Common     CENTENNIAL TECHNOLOGIES INC COM NEW
    209,625.00       229,680.00       6,000.00    Corporate Stock - Common     CENTEX CONSTR PRODS INC COM
     47,500.00        27,173.78       2,000.00    Corporate Stock - Common     CENTEX CORP COM
    152,000.00       199,008.00       6,400.00    Corporate Stock - Common     CENTEX CORP COM
    315,875.00       459,038.86      13,300.00    Corporate Stock - Common     CENTEX CORP COM
      1,050.00         2,104.95         200.00    Corporate Stock - Common     CENTURA SOFTWARE CORP COM
    216,200.00       213,473.37       4,700.00    Corporate Stock - Common     CENTURYTEL INC COM ISIN US1567001060
    271,400.00       245,009.89       5,900.00    Corporate Stock - Common     CENTURYTEL INC COM ISIN US1567001060
          4.68           740.77         780.00    Corporate Stock - Common     CENTY TECHNOLOGIES INC COLO COM
    754,275.00       554,148.58      33,900.00    Corporate Stock - Common     CEPHALON INC CON
    105,962.50        82,372.30       4,900.00    Corporate Stock - Common     CERIDIAN CORP COM
        837.50         1,101.00         100.00    Corporate Stock - Common     CFI PROSERVICES INC COM
    252,000.00       192,923.55       9,000.00    Corporate Stock - Common     CH & DWIGHT INC COM
      4,531.25         4,779.95         500.00    Corporate Stock - Common     CHALONE WINE GROUP LTD
     28,256.25        40,838.65       3,300.00    Corporate Stock - Common     CHAMPION ENTERPRISES INC COM
  1,108,750.00       877,419.68      20,000.00    Corporate Stock - Common     CHAMPION INTL CORP COM
    182,943.75       125,096.73       3,300.00    Corporate Stock - Common     CHAMPION INTL CORP COM
     23,875.00        30,197.50       1,000.00    Corporate Stock - Common     CHAMPIONSHIP AUTO RACING TEAM INC COM
      2,387.50         3,176.92         100.00    Corporate Stock - Common     CHAMPIONSHIP AUTO RACING TEAM INC COM
    105,300.00        93,593.88      16,200.00    Corporate Stock - Common     CHARMING SHOPPES INC COM
    738,589.50     1,023,897.89      34,056.00    Corporate Stock - Common     CHARTER 1 FINCL INC COM
    176,225.00       144,400.00       7,600.00    Corporate Stock - Common     CHARTER COMMUNICATIONS INC DEL CL A
     62,258.44        63,814.84       2,685.00    Corporate Stock - Common     CHARTER COMMUNICATIONS INC DEL CL A
  2,278,875.00     2,125,908.67      29,500.00    Corporate Stock - Common     CHASE MANHATTAN CORP NEW COM
     24,772.14        24,841.60         320.68    Corporate Stock - Common     CHASE MANHATTAN CORP NEW COM
  1,599,075.00     1,523,987.33      20,700.00    Corporate Stock - Common     CHASE MANHATTAN CORP NEW COM
  2,178,450.00       742,574.73      28,200.00    Corporate Stock - Common     CHASE MANHATTAN CORP NEW COM
     19,312.50        22,018.50       1,000.00    Corporate Stock - Common     CHATTEM INC COM
      5,006.25         9,062.72         300.00    Corporate Stock - Common     CHEAP TICKETS INC COM COM
    116,840.63       101,642.85         825.00    Corporate Stock - Common     CHECK PT SOFTWARE COM
</TABLE>



                                 Page 49 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
     26,275.00        16,467.63         400.00    Corporate Stock - Common     CHECKFREE HLDGS CORP COM
    424,700.00       310,560.01      13,700.00    Corporate Stock - Common     CHEESECAKE FACTORY INC COM
     17,464.56        21,473.05         564.51    Corporate Stock - Common     CHELSEA GCA RLTY INC COM
      6,400.00         6,054.95         200.00    Corporate Stock - Common     CHEM FINL CORP COM
     77,700.00        87,424.35      25,900.00    Corporate Stock - Common     CHES ENERGY CORP COM
  1,966,087.50     1,030,548.49      22,200.00    Corporate Stock - Common     CHEVRON CORP COM
     90,735.91        81,265.84       1,024.54    Corporate Stock - Common     CHEVRON CORP COM
  1,452,425.00     1,531,505.31      16,400.00    Corporate Stock - Common     CHEVRON CORP COM
    929,906.25       391,568.06      10,500.00    Corporate Stock - Common     CHEVRON CORP COM
        421.50           865.93         500.00    Corporate Stock - Common     CHILDRENS BEVERAGE GROUP INC COM
    492,268.75       566,395.75      19,940.00    Corporate Stock - Common     CHILDRENS PL RETAIL STORES INC COM
        180.00         3,530.00       3,000.00    Corporate Stock - Common     CHINA CLIPPER GOLD MINES LTD
     48,720.00        49,898.03         435.00    Corporate Stock - Common     CHINA CORP COM
    162,201.04       272,072.14      37,074.52    Corporate Stock - Common     CHIQUITA BRANDS INTL INC COM
    100,775.00        82,345.50       2,900.00    Corporate Stock - Common     CHIREX INC COM
     31,375.00        31,028.00       2,000.00    Corporate Stock - Common     CHOICE HOTELS INTL INC COM
        667.50           401.88          20.00    Corporate Stock - Common     CHOICEPOINT INC COM
        862.50           420.00          60.00    Corporate Stock - Common     CHROMAVISION MED SYS INC COM
    557,050.00       392,679.22      10,400.00    Corporate Stock - Common     CHUBB CORP COM
    321,375.00       256,193.57       6,000.00    Corporate Stock - Common     CHUBB CORP COM
     14,918.75        13,788.08         700.00    Corporate Stock - Common     CIBER INC COM
     51,406.88        37,422.16       1,170.00    Corporate Stock - Common     CIENA CORP COM
    328,652.50       347,238.80       7,480.00    Corporate Stock - Common     CIENA CORP COM
    518,175.00       184,873.15       6,300.00    Corporate Stock - Common     CIGNA CORP COM
    187,600.00       254,437.65       5,600.00    Corporate Stock - Common     CIN FNCL CORP COM
    135,725.63       132,338.01       5,362.00    Corporate Stock - Common     CINERGY CORP COM
      2,375.00         3,030.00       1,000.00    Corporate Stock - Common     CIRCUIT CY STORES INC CARMAX GROUP
          3.88             3.00           0.08    Corporate Stock - Common     CIRCUIT CY STORES INC COM
    329,800.00        80,144.57       6,800.00    Corporate Stock - Common     CIRCUIT CY STORES INC COM
     17,343.75        10,341.45       1,250.00    Corporate Stock - Common     CIRRUS LOGIC INC COM
  9,819,543.75     1,360,810.89     110,100.00    Corporate Stock - Common     CISCO SYS INC COM
  1,748,075.00       880,339.31      19,600.00    Corporate Stock - Common     CISCO SYS INC COM
  5,159,496.88     1,544,444.67      57,850.00    Corporate Stock - Common     CISCO SYS INC COM
  10,782,768.75    2,409,459.95     120,900.00    Corporate Stock - Common     CISCO SYS INC COM
  3,330,439.63     1,822,517.86      37,342.00    Corporate Stock - Common     CISCO SYS INC COM
      2,075.00         3,337.81         100.00    Corporate Stock - Common     CIT GROUP INC CL A COM STK
  1,475,532.50     2,028,154.28      71,110.00    Corporate Stock - Common     CIT GROUP INC CL A COM STK
  1,616,250.00       149,116.11      30,000.00    Corporate Stock - Common     CITIGROUP INC COM
    367,735.83       279,830.52       6,825.72    Corporate Stock - Common     CITIGROUP INC COM
  6,160,821.75     1,631,928.96     114,354.00    Corporate Stock - Common     CITIGROUP INC COM
  2,084,962.50     2,007,417.06      38,700.00    Corporate Stock - Common     CITIGROUP INC COM
  1,422,300.00       917,356.00      26,400.00    Corporate Stock - Common     CITIGROUP INC COM
</TABLE>



                                 Page 50 of 126


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
  3,658,112.50     3,062,452.40      67,900.00    Corporate Stock - Common     CITIGROUP INC COM
    834,900.00       297,164.69       8,800.00    Corporate Stock - Common     CITRIX SYS INC COM
         18.70         9,974.24       1,700.00    Corporate Stock - Common     CITYSCAPE FINL CORP COM
     87,281.25        44,515.29       1,900.00    Corporate Stock - Common     CLARUS CORP DEL COM
    227,181.25       252,130.49      22,300.00    Corporate Stock - Common     CLAYTON HOMES INC COM
      3,214.40         5,335.59         315.52    Corporate Stock - Common     CLAYTON HOMES INC COM
  1,044,875.00       897,362.82      13,000.00    Corporate Stock - Common     CLEAR CHANNEL COMMUNICATIONS INC COM
    482,250.00       423,750.00       6,000.00    Corporate Stock - Common     CLEAR CHANNEL COMMUNICATIONS INC COM
    916,275.00       517,905.46      11,400.00    Corporate Stock - Common     CLEAR CHANNEL COMMUNICATIONS INC COM
        300.00           651.82         100.00    Corporate Stock - Common     CLEARWORKS NET INC COM
     10,729.84        10,696.25         328.88    Corporate Stock - Common     CLECO CORP NEW COM
    356,500.00       174,794.88       8,000.00    Corporate Stock - Common     CLOROX CO COM
     37,580.89        32,532.94         843.33    Corporate Stock - Common     CLOROX CO COM
      1,387.50         1,891.03         100.00    Corporate Stock - Common     CLOSURE MED CORP COM
        300.00         1,079.00      10,000.00    Corporate Stock - Common     CLOTHESTIME INC COM
    475,377.44       332,876.51       3,227.00    Corporate Stock - Common     CMGI INC ISIN #US1257501098
    308,278.13       378,369.55      16,950.00    Corporate Stock - Common     CMNTY 1ST BANKSHARES INC COM
    364,650.00       307,314.30      28,600.00    Corporate Stock - Common     CMNTY SVGS BANKSHARES INC NEW COM STK
    133,000.00       176,725.40       4,000.00    Corporate Stock - Common     CMS ENERGY CORP COM
    977,550.00     1,194,620.26      29,400.00    Corporate Stock - Common     CNF TRANSN INC COM STK
     16,625.00        15,266.15         500.00    Corporate Stock - Common     CNF TRANSN INC COM STK
    253,800.00       118,330.78       7,200.00    Corporate Stock - Common     COASTAL CORP COM
     10,250.00        11,354.95         200.00    Corporate Stock - Common     COCA COLA BOTTLING CO CONS COM
  5,627,325.00     2,520,031.54      83,600.00    Corporate Stock - Common     COCA COLA CO COM
    367,621.43       323,241.11       5,461.41    Corporate Stock - Common     COCA COLA CO COM
  3,412,743.75     3,289,503.87      50,700.00    Corporate Stock - Common     COCA COLA CO COM
    305,100.00       430,892.81      14,400.00    Corporate Stock - Common     COCA COLA ENTERPRISES INC COM
    322,660.56       475,223.86      15,228.82    Corporate Stock - Common     COCA COLA ENTERPRISES INC COM
    192,806.25       293,985.87       9,100.00    Corporate Stock - Common     COCA COLA ENTERPRISES INC COM
        812.50         1,383.06         200.00    Corporate Stock - Common     COEUR D ALENE MINES CORP IDA COM
    201,500.00       167,975.98       6,200.00    Corporate Stock - Common     COGNEX CORP COM
      8,625.00         8,154.95         500.00    Corporate Stock - Common     COGNITRONICS CORP COM
     21,918.75        19,477.35       2,100.00    Corporate Stock - Common     COINSTAR INC COM
      1,223.75         1,672.86         220.00    Corporate Stock - Common     COLBS ENERGY CORP
    110,100.00        84,024.00       2,400.00    Corporate Stock - Common     COLE KENNETH PRODTNS INC CL A
  1,081,037.50       335,084.75      19,700.00    Corporate Stock - Common     COLGATE-PALMOLIVE CO COM
  1,657,225.00     1,067,254.27      30,200.00    Corporate Stock - Common     COLGATE-PALMOLIVE CO COM
     10,975.00         8,947.93         200.00    Corporate Stock - Common     COLGATE-PALMOLIVE CO COM
        137.50           229.95         100.00    Corporate Stock - Common     COLONIAL DOWNS HLDGS INC CL A
    520,148.00       481,823.56      19,088.00    Corporate Stock - Common     COLUMBIA /HCA HEALTHCARE CORP COM
      2,725.00         2,882.43         100.00    Corporate Stock - Common     COLUMBIA /HCA HEALTHCARE CORP COM
     84,265.75       116,215.54       5,146.00    Corporate Stock - Common     COLUMBIA BKG SYS INC COM
</TABLE>



                                 Page 51 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>          <C>             <C>                          <C>
    172,562.50        67,498.65       2,750.00    Corporate Stock - Common     COLUMBIA ENERGY GROUP COM
      6,112.50         6,227.37         300.00    Corporate Stock - Common     COLUMBIA SPORTSWEAR CO COM
     50,550.00        44,406.74       1,200.00    Corporate Stock - Common     COMCAST CORP CL A COM
    691,368.75       601,800.65      15,300.00    Corporate Stock - Common     COMCAST CORP CL A SPL
    998,643.75       544,906.55      22,100.00    Corporate Stock - Common     COMCAST CORP CL A SPL
  1,145,503.13       303,555.45      25,350.00    Corporate Stock - Common     COMCAST CORP CL A SPL
    709,275.00       589,116.20      29,400.00    Corporate Stock - Common     COMDISCO INC COM
    280,900.00       163,076.74       5,300.00    Corporate Stock - Common     COMERICA INC COM
     54,400.00        52,745.00       1,700.00    Corporate Stock - Common     COML METALS CO COM
    254,560.00       266,058.58       5,920.00    Corporate Stock - Common     COMM BANCORP INC N J COM
    117,390.00        98,852.00       2,730.00    Corporate Stock - Common     COMM BANCORP INC N J COM
     30,662.50        24,490.40       1,100.00    Corporate Stock - Common     COMM GROUP INC MASS COM
    248,537.50       234,702.00       5,900.00    Corporate Stock - Common     COMMSCOPE INC COM
     50,550.00        35,418.17       1,200.00    Corporate Stock - Common     COMMSCOPE INC COM
    692,113.75       248,396.62      16,430.00    Corporate Stock - Common     COMMSCOPE INC COM
    703,487.50       319,592.65      16,700.00    Corporate Stock - Common     COMMSCOPE INC COM
  1,408,284.25       812,262.04      57,628.00    Corporate Stock - Common     COMPAQ COMPUTER CORP COM
    273,501.81       280,473.45      11,191.89    Corporate Stock - Common     COMPAQ COMPUTER CORP COM
      1,574.66        20,434.70   1,574,662.00    Corporate Stock - Common     COMPARATOR SYS CORP COM NEW
    297,648.75       313,097.27      11,730.00    Corporate Stock - Common     COMPASS BANCSHARES INC COM
      1,562.50         3,234.95         500.00    Corporate Stock - Common     COMPUCOM SYS INC COM
     21,875.00        18,021.83       2,500.00    Corporate Stock - Common     COMPUDYNE CORP COM STK PAR $0.75
    520,000.00       492,161.60       8,000.00    Corporate Stock - Common     COMPUTER ASSOC INTL INC COM
  1,186,575.00       295,996.10      18,255.00    Corporate Stock - Common     COMPUTER ASSOC INTL INC COM
     76,737.25        54,358.08       1,180.57    Corporate Stock - Common     COMPUTER ASSOC INTL INC COM
      2,812.50         5,065.11         200.00    Corporate Stock - Common     COMPUTER HORIZONS CORP COM
      1,787.50         3,761.03         520.00    Corporate Stock - Common     COMPUTER LEARNING CTRS INC COM
    352,350.00       134,405.18       5,400.00    Corporate Stock - Common     COMPUTER SCI CORP COM
        353.38         3,734.40         514.00    Corporate Stock - Common     COMPUTRON SOFTWARE INC COM
     16,906.25        11,856.30         500.00    Corporate Stock - Common     COMPUWARE CORP COM
    409,131.25       465,900.01      12,100.00    Corporate Stock - Common     COMPUWARE CORP COM
     17,157.00        71,625.00         903.00    Corporate Stock - Common     COMSAT CORP SER 1 COM
      4,465.00         9,269.05         940.00    Corporate Stock - Common     COMSHARE INC COM
      3,500.00         3,967.45       1,000.00    Corporate Stock - Common     COMSTOCK RES INC COM NEW
     11,483.13         8,419.90          95.00    Corporate Stock - Common     COMVERSE TECH INC
    290,100.00       259,350.00       2,400.00    Corporate Stock - Common     COMVERSE TECH INC
    398,062.50       279,441.19      16,500.00    Corporate Stock - Common     CONAGRA INC COM
      2,843.75         3,112.50         100.00    Corporate Stock - Common     CONCENTRIC NETWORK CORP DEL COM
    810,900.00       716,035.06      30,600.00    Corporate Stock - Common     CONCORD EFS INC COM
    159,250.00        39,518.08      12,250.00    Corporate Stock - Common     CONCURRENT COMPUTER CORP NEW COM NEW
     13,686.00        12,180.00       6,000.00    Corporate Stock - Common     CONDOR TECH SOLUTIONS INC COM
     45,504.00        30,071.94         768.00    Corporate Stock - Common     CONEXANT SYS INC COM
</TABLE>



                                 Page 52 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    829,500.00       757,372.00      14,000.00    Corporate Stock - Common     CONEXANT SYS INC COM
    331,532.50       391,014.65      13,130.00    Corporate Stock - Common     CONMED CORP COM
     55,550.00        68,794.00       2,200.00    Corporate Stock - Common     CONMED CORP COM
     24,300.00        25,359.60       3,600.00    Corporate Stock - Common     CONNETICS CORP COM
  1,361,750.00     1,389,772.00      52,000.00    Corporate Stock - Common     CONOCO INC CL B COM STK
      3,167.38             -            120.95    Corporate Stock - Common     CONOCO INC CL B COM STK
    556,798.63       468,663.36      21,262.00    Corporate Stock - Common     CONOCO INC CL B COM STK
     10,525.00        10,304.95         400.00    Corporate Stock - Common     CONOCO INC COM STK
    258,750.00       220,779.18       7,500.00    Corporate Stock - Common     CONS EDISON INC COM
         20.78           934.20         133.00    Corporate Stock - Common     CONS GOLDEN QUAIL RES
     58,275.00       156,284.04       3,700.00    Corporate Stock - Common     CONS STORES CORP COM
    807,975.00     1,641,944.75      39,900.00    Corporate Stock - Common     CONSECO INC COM
     26,335.31        32,702.30       1,300.51    Corporate Stock - Common     CONSECO INC COM
    225,261.00       407,931.93      11,124.00    Corporate Stock - Common     CONSECO INC COM
     21,531.18        19,250.02         731.42    Corporate Stock - Common     CONSTELLATION ENERGY GROUP INC COM
    148,659.38       120,771.59       5,050.00    Corporate Stock - Common     CONSTELLATION ENERGY GROUP INC COM
        312.50           248.65       1,000.00    Corporate Stock - Common     CONTIFINANCIAL CORP COM
  1,454,100.00     1,413,277.79      39,300.00    Corporate Stock - Common     CONTL AIRL INC CL B
     42,875.00        31,762.20       1,000.00    Corporate Stock - Common     COOPER CAMERON CORP
    137,400.00       136,175.50       3,200.00    Corporate Stock - Common     COOPER IND INC COM
      3,000.00         4,078.57         200.00    Corporate Stock - Common     COOPER TIRE & RUBBER CO COM, NO PAR
     39,000.00        56,390.26       2,600.00    Corporate Stock - Common     COOPER TIRE & RUBBER CO COM, NO PAR
     59,700.00        23,575.22       1,200.00    Corporate Stock - Common     COORS ADOLPH CO CL B
     41,718.75        47,529.95         500.00    Corporate Stock - Common     COPPER MTN NETWORKS INC COM
        800.00         3,241.02         800.00    Corporate Stock - Common     COPYTELE INC COM
    602,375.00       559,906.48      30,500.00    Corporate Stock - Common     COR THERAPEUTICS INC
     37,452.94       128,239.75      54,477.00    Corporate Stock - Common     CORAM HEALTHCARE CORP COM
     17,347.13        14,297.24         831.00    Corporate Stock - Common     CORE LAB COM
     34,675.00        14,170.70       1,900.00    Corporate Stock - Common     COREL CORP COM
        928.13         5,896.17          55.00    Corporate Stock - Common     CORIXA CORP COM
    112,950.00       118,087.90       3,600.00    Corporate Stock - Common     CORN PRODS INTL INC COM
      9,393.20         6,866.70         100.26    Corporate Stock - Common     CORNING INC COM
    777,606.25       249,469.41       8,300.00    Corporate Stock - Common     CORNING INC COM
        441.00        11,996.39       1,000.00    Corporate Stock - Common     CORRIENTE RES INC COM
    426,240.00       262,272.97      11,520.00    Corporate Stock - Common     COST PLUS INC CAL COM
    296,925.00       144,671.25       8,025.00    Corporate Stock - Common     COST PLUS INC CAL COM
    687,656.25       178,630.20       7,500.00    Corporate Stock - Common     COSTCO WHSL CORP NEW COM
    132,946.88        91,037.90       1,450.00    Corporate Stock - Common     COSTCO WHSL CORP NEW COM
  3,300,750.00     2,877,622.60      36,000.00    Corporate Stock - Common     COSTCO WHSL CORP NEW COM
      2,200.00        34,236.00      11,000.00    Corporate Stock - Common     COTTON VY RES CORP COM STK
     67,033.60        78,517.15       2,383.42    Corporate Stock - Common     COUNTRYWIDE CR IND INC COM
    106,875.00       128,139.04       3,800.00    Corporate Stock - Common     COUNTRYWIDE CR IND INC COM
</TABLE>



                                 Page 53 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      5,193.75         4,857.99         100.00    Corporate Stock - Common     COVAD COMMUNICATIONS GROUP INC COM
     50,025.00       112,644.99       8,700.00    Corporate Stock - Common     COVENTRY HLTH CARE INC COM
      8,648.00        16,567.58         184.00    Corporate Stock - Common     COX COMMUNICATIONS INC NEW CL A
         60.00         9,458.42         800.00    Corporate Stock - Common     CPX CORP COM ISIN US12616N100
     42,942.38        32,095.86       2,337.00    Corporate Stock - Common     CRANE CO COM
     31,237.50        46,890.25       1,700.00    Corporate Stock - Common     CRANE CO COM
        160.00         1,570.00       1,000.00    Corporate Stock - Common     CRANEFIELD INTL INC CL C COM STK ISIN
                                                                                 CA22445R1073
      3,437.50         3,465.35       1,000.00    Corporate Stock - Common     CREATIVE BIOMOLECULES INC COM
        962.50         3,758.94         100.00    Corporate Stock - Common     CREATIVE COMPUTERS INC COM
      1,750.00         2,087.00         100.00    Corporate Stock - Common     CREDITRUST CORP COM
     49,000.00        71,281.00       2,800.00    Corporate Stock - Common     CREDITRUST CORP COM
     24,745.98        38,357.67       1,461.02    Corporate Stock - Common     CRESCENT REAL ESTATE EQUITIES TR TEX COMSTK
     71,000.00        65,066.88       3,200.00    Corporate Stock - Common     CRESTLINE CAP CORP COM
     61,256.25        79,338.79       1,100.00    Corporate Stock - Common     CRITICAL PATH INC COM
    133,875.00       130,504.95      21,000.00    Corporate Stock - Common     CROWN AMERN RLTY TR COM
     83,537.50       158,433.19       4,100.00    Corporate Stock - Common     CROWN CORK & SEAL CO INC COM
      9,450.00         8,089.09         700.00    Corporate Stock - Common     CRYOLIFE INC COM
    393,497.50       353,748.16       9,020.00    Corporate Stock - Common     CSG SYS INTL INC COM
    292,875.00       434,860.86      16,500.00    Corporate Stock - Common     CSK AUTO CORP COM
    263,731.50       258,347.91       7,416.00    Corporate Stock - Common     CSX CORP COM
    809,893.75       272,650.94      10,100.00    Corporate Stock - Common     CTS CORP COM
     20,046.88        13,303.63         250.00    Corporate Stock - Common     CTS CORP COM
    343,425.00       318,679.06      12,050.00    Corporate Stock - Common     CULLEN FROST BANKERS INC COM
     56,700.00        53,270.42       1,400.00    Corporate Stock - Common     CUMMINS ENGINE CO INC COM
    388,800.00       469,927.38       9,600.00    Corporate Stock - Common     CUMMINS ENGINE CO INC COM
    396,900.00       428,268.82       9,800.00    Corporate Stock - Common     CUMMINS ENGINE CO INC COM
     20,000.00        14,286.05         500.00    Corporate Stock - Common     CUMULUS MEDIA INC CL A
    527,843.75       339,545.90      13,300.00    Corporate Stock - Common     CVS CORP COM STK
  2,210,593.75     2,268,178.71      55,700.00    Corporate Stock - Common     CVS CORP COM STK
      6,525.00        10,282.62         600.00    Corporate Stock - Common     CYBERCASH INC COM
     22,263.44        21,868.70       1,865.00    Corporate Stock - Common     CYBERIAN OUTPOST INC OC-COM
    522,315.00       522,603.79       8,760.00    Corporate Stock - Common     CYBERSOURCE CORP DEL COM
    405,375.00       247,624.23       9,400.00    Corporate Stock - Common     CYBEX COMPUTER PRODS CORP COM
        270.00         6,527.90       3,000.00    Corporate Stock - Common     CYCLOPSS CORP COM NEW
      2,300.00         1,506.45         200.00    Corporate Stock - Common     CYLINK CORP COM
    460,000.00       241,874.61      11,500.00    Corporate Stock - Common     CYMER INC COM
    599,200.00       532,142.36      14,980.00    Corporate Stock - Common     CYMER INC COM
    989,175.00       893,271.03      36,300.00    Corporate Stock - Common     CYPRESS SEMICONDUCTOR CORP COM
     16,350.00        12,012.21         600.00    Corporate Stock - Common     CYPRESS SEMICONDUCTOR CORP COM
    104,700.00        94,275.12       2,400.00    Corporate Stock - Common     CYTYC CORP COM
    287,375.00       440,292.14      20,900.00    Corporate Stock - Common     D R HORTON INC COM
</TABLE>



                                 Page 54 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
      2,750.00         3,784.45         200.00    Corporate Stock - Common     D R HORTON INC COM
         68.13            33.33           1.00    Corporate Stock - Common     DAIMLER CHRYSLER AG STK ISIN
                                                                                 #DE0007100000 SEDOL # 5529027
     76,845.00        75,771.68       1,128.00    Corporate Stock - Common     DAIMLER CHRYSLER AG STK ISIN
                                                                                 #DE0007100000 SEDOL # 5529027
    523,775.00       489,964.63      51,100.00    Corporate Stock - Common     DAL-TILE INTL INC COM
      5,768.75         3,674.50         100.00    Corporate Stock - Common     DALLAS SEMICONDUCTOR CORP COM
     16,650.00        22,732.92         600.00    Corporate Stock - Common     DANA CORP COM
    185,925.00       183,332.60       6,700.00    Corporate Stock - Common     DANA CORP COM
    155,844.00       147,695.31       5,616.00    Corporate Stock - Common     DANA CORP COM
    235,800.00       219,083.65       4,800.00    Corporate Stock - Common     DANAHER CORP COM
     80,156.25        45,309.54       4,500.00    Corporate Stock - Common     DARDEN RESTAURANTS INC COM
     18,552.50        33,087.23       1,640.00    Corporate Stock - Common     DATA BROADCASTING CORP
      5,062.50        11,092.19       1,500.00    Corporate Stock - Common     DATA DIMENSIONS INC COM PAR $0.001
        893.75         3,094.06         100.00    Corporate Stock - Common     DATUM INC COM
      1,546.88         2,160.96         150.00    Corporate Stock - Common     DAVE & BUSTERS INC COM
      4,712.50         6,689.95       2,900.00    Corporate Stock - Common     DCH TECHNOLOGY INC COM STK ISIN#
                                                                                 US2330921055
    339,206.25       196,882.74       7,900.00    Corporate Stock - Common     DEERE & CO COM
     63,909.29        52,643.52       1,488.43    Corporate Stock - Common     DEERE & CO COM
  1,309,593.75       659,698.17      30,500.00    Corporate Stock - Common     DEERE & CO COM
    286,218.75       325,285.08      21,300.00    Corporate Stock - Common     DEL MONTE FOODS CO COM
      7,755.32         9,404.83         337.19    Corporate Stock - Common     DELHAIZE AMER INC CL B
  3,702,300.00       431,636.77      86,100.00    Corporate Stock - Common     DELL COMPUTER CORP COM
  2,222,068.00     2,006,849.22      51,676.00    Corporate Stock - Common     DELL COMPUTER CORP COM
  3,470,100.00     1,545,884.94      80,700.00    Corporate Stock - Common     DELL COMPUTER CORP COM
  7,649,700.00     5,056,872.79     177,900.00    Corporate Stock - Common     DELL COMPUTER CORP COM
    302,163.75       233,801.41      19,185.00    Corporate Stock - Common     DELPHI AUTOMOTIVE SYS CORP COM
     24,177.01           538.86       1,535.05    Corporate Stock - Common     DELPHI AUTOMOTIVE SYS CORP COM
    630,000.00       575,759.12      40,000.00    Corporate Stock - Common     DELPHI AUTOMOTIVE SYS CORP COM
    236,400.00       170,876.88       4,800.00    Corporate Stock - Common     DELTA AIR LINES INC COM
    123,125.00       130,266.24       2,500.00    Corporate Stock - Common     DELTA AIR LINES INC COM
    797,850.00       891,859.26      16,200.00    Corporate Stock - Common     DELTA AIR LINES INC COM
    171,148.38       181,631.82       3,475.09    Corporate Stock - Common     DELTA AIR LINES INC COM
      2,187.50             -         10,000.00    Corporate Stock - Common     DELTA COMPUTEC INC COM
     68,087.50        92,971.45       2,600.00    Corporate Stock - Common     DELUXE CORP COM
    367,537.50       320,885.24      13,365.00    Corporate Stock - Common     DENDRITE INTL INC COM
    294,250.00       292,359.82      10,700.00    Corporate Stock - Common     DENDRITE INTL INC COM
     10,875.00         4,736.02       1,500.00    Corporate Stock - Common     DENSE PAC MICROSYSTEMS INC COM NEW
     42,262.50        50,335.50       2,300.00    Corporate Stock - Common     DET DIESEL CORP COM
     43,155.52        40,673.12       1,224.27    Corporate Stock - Common     DEVON ENERGY CORPORATIOIN NEW COM
    652,125.00       749,250.00      18,500.00    Corporate Stock - Common     DEVON ENERGY CORPORATIOIN NEW COM
</TABLE>



                                 Page 55 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      5,612.50         4,456.87         200.00    Corporate Stock - Common     DIAL CORP NEW COM
     15,250.00        14,688.27         500.00    Corporate Stock - Common     DIAMOND OFFSHORE DRILLING INC COM
    173,250.00       140,647.00       3,300.00    Corporate Stock - Common     DIAMOND TECH PARTNERS INC CL A
        360.00         1,610.54       6,000.00    Corporate Stock - Common     DIATECT INTL CORP
      5,031.00         6,279.95       1,000.00    Corporate Stock - Common     DIEDRICH COFFEE INC COM
    485,080.00       523,049.46      14,480.00    Corporate Stock - Common     DIGEX INC DEL CL A COMMON STOCK
      7,625.00         6,211.78       1,000.00    Corporate Stock - Common     DIGITAL COURIER TECHNOLOGIES INC COM
      1,000.00         1,872.40       2,000.00    Corporate Stock - Common     DIGITAL GAS INC COM NEW
    409,500.00       454,188.80      26,000.00    Corporate Stock - Common     DIGITAL MICROWAVE CORP COM
      1,800.00         3,906.25         600.00    Corporate Stock - Common     DIGITAL RECORDERS INC COM ISIN#
                                                                                 US2538691013
         13.30         9,330.47      13,300.00    Corporate Stock - Common     DIGITAL VIDEO SYS INC WT EXP 05-08-01
    373,725.00       547,777.66      19,800.00    Corporate Stock - Common     DILLARDS INC CL A COM
     67,950.00       110,766.38       3,600.00    Corporate Stock - Common     DILLARDS INC CL A COM
     53,493.75        74,979.00       2,700.00    Corporate Stock - Common     DIME CMNTY BANCORP INC COM
    271,250.00       216,875.00      10,000.00    Corporate Stock - Common     DIRECT FOCUS INC COM
      1,381.25         2,454.95         100.00    Corporate Stock - Common     DISC AUTO PARTS INC COM
    646,700.00       759,669.38      23,200.00    Corporate Stock - Common     DISNEY WALT CO DISNEY (WALT) CO
                                                                                 HLDGCOMMON STOCK
    250,875.00       255,292.20       9,000.00    Corporate Stock - Common     DISNEY WALT CO DISNEY (WALT) CO
                                                                                 HLDGCOMMON STOCK
  1,948,462.50     1,272,999.08      69,900.00    Corporate Stock - Common     DISNEY WALT CO DISNEY (WALT) CO
                                                                                 HLDGCOMMON STOCK
      9,336.56        13,938.73         345.00    Corporate Stock - Common     DISNEY WALT CO GO COM COM
        140.25           260.95          33.00    Corporate Stock - Common     DISPLAY TECHNOLOGIES INC COM
        370.00           280.00          80.00    Corporate Stock - Common     DOCUCORP INTL INC COM
     16,812.50         6,972.29         500.00    Corporate Stock - Common     DOCUMENTUM INC COM
      5,888.00         9,926.39         368.00    Corporate Stock - Common     DOLE FOOD INC COM
    320,000.00       747,638.00      20,000.00    Corporate Stock - Common     DOLE FOOD INC COM
     52,261.49        34,375.58       2,133.12    Corporate Stock - Common     DOLLAR GEN CORP COM
    186,347.00       216,588.12       7,606.00    Corporate Stock - Common     DOLLAR GEN CORP COM
    262,675.00       236,726.07      13,300.00    Corporate Stock - Common     DOLLAR THRIFTY AUTOMOTIVE GROUP INC COM STK
    103,200.00       124,285.30       4,300.00    Corporate Stock - Common     DONNELLEY R R & SONS CO COM
    912,000.00       981,748.09      38,000.00    Corporate Stock - Common     DONNELLEY R R & SONS CO COM
     65,656.25        95,328.75       5,500.00    Corporate Stock - Common     DORAL FINL CORP COM
     72,028.13        52,120.81         450.00    Corporate Stock - Common     DOUBLECLICK INC COM
    598,633.75       343,943.49       3,740.00    Corporate Stock - Common     DOUBLECLICK INC COM
    307,962.50       104,531.25       7,100.00    Corporate Stock - Common     DOVER CORP COM
    872,581.25       503,141.89       7,450.00    Corporate Stock - Common     DOW CHEM CO COM
  1,721,737.50     1,876,928.05      14,700.00    Corporate Stock - Common     DOW CHEM CO COM
  1,475,775.00       788,954.33      12,600.00    Corporate Stock - Common     DOW CHEM CO COM
    187,937.50       112,199.42       3,100.00    Corporate Stock - Common     DOW JONES & CO INC COM
</TABLE>



                                 Page 56 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     92,876.88       139,756.02       4,615.00    Corporate Stock - Common     DOWNEY FINL CORP COM
    334,653.75       368,278.79      13,590.00    Corporate Stock - Common     DRIL-QUIP INC COM
      8,937.50        19,748.70         500.00    Corporate Stock - Common     DRKOOP COM INC COM STK
    256,025.00       116,297.89       9,800.00    Corporate Stock - Common     DSET CORP COM
      2,359.38         2,061.20         125.00    Corporate Stock - Common     DSL NET INC COM STOCK
    352,450.00       302,946.73       5,600.00    Corporate Stock - Common     DST SYS INC COM
    162,006.25       139,367.80       4,900.00    Corporate Stock - Common     DTE ENERGY CO COM
    710,843.75       831,407.80      21,500.00    Corporate Stock - Common     DTE ENERGY CO COM
     72,767.67        77,720.86       1,224.27    Corporate Stock - Common     DU PONT E I DE NEMOURS & CO COM STK
  2,099,139.92     1,153,571.96      35,316.76    Corporate Stock - Common     DU PONT E I DE NEMOURS & CO COM STK
    628,372.94       403,136.21      12,397.00    Corporate Stock - Common     DUKE ENERGY CORP COM STK
      5,068.75         5,532.28         100.00    Corporate Stock - Common     DUKE ENERGY CORP COM STK
      5,400.00         5,025.00         200.00    Corporate Stock - Common     DUN & BRADSTREET CORP DEL COM STK (NEW)
    148,500.00       110,837.15       5,500.00    Corporate Stock - Common     DUN & BRADSTREET CORP DEL COM STK (NEW)
    327,850.00       494,808.60      15,800.00    Corporate Stock - Common     DURA AUTOMOTIVE SYS INC COM
      7,818.60         9,858.72         600.00    Corporate Stock - Common     DURA PHARMACEUTICALS INC COM
      1,746.25         1,725.12         220.00    Corporate Stock - Common     DURAMED PHARMACEUTICALS INC COM
        250.00         2,964.00       5,000.00    Corporate Stock - Common     DYCAM INC COM ISIN #US2674621097
     12,075.00        10,686.23         300.00    Corporate Stock - Common     DYCOM INDS INC COM
    505,137.50       346,339.30      12,550.00    Corporate Stock - Common     DYCOM INDS INC COM
      1,375.00         1,802.50       2,000.00    Corporate Stock - Common     DYERSBURG CORP COM
        609.30           809.95         300.00    Corporate Stock - Common     E DIGITAL CORP COM
     18,562.50        15,603.75       4,500.00    Corporate Stock - Common     E MEDSOFT COM COM
     20,650.00        24,128.45       2,800.00    Corporate Stock - Common     E SPIRE COMMUNICATIONS INC COM
    376,773.31       446,396.94      12,533.00    Corporate Stock - Common     E*TRADE GROUP INC COM
      1,912.50         2,017.45         200.00    Corporate Stock - Common     E-SIM LTD
      7,500.00         7,429.95         100.00    Corporate Stock - Common     E-TEK DYNAMICS INC COM
        624.00         4,300.38       2,400.00    Corporate Stock - Common     EARTH SCIENCES INC COM
     16,312.50        19,584.90         900.00    Corporate Stock - Common     EARTHGRAINS CO COM
    273,687.50       328,746.60      15,100.00    Corporate Stock - Common     EARTHGRAINS CO COM
      2,442.00         5,451.39         814.00    Corporate Stock - Common     EARTHSHELL CORP COM
      4,515.00         8,835.12         120.00    Corporate Stock - Common     EARTHWEB INC COM
    102,046.88        57,359.66       2,625.00    Corporate Stock - Common     EASTMAN CHEM CO COM
    505,375.00       805,344.33      13,000.00    Corporate Stock - Common     EASTMAN CHEM CO COM
     69,146.86        78,329.49       1,117.53    Corporate Stock - Common     EASTMAN KODAK CO COM
    662,062.50       573,529.56      10,700.00    Corporate Stock - Common     EASTMAN KODAK CO COM
     51,075.00        26,492.74         900.00    Corporate Stock - Common     EASTN ENTERPRISES COM
     15,750.00        17,703.00      12,600.00    Corporate Stock - Common     EASYRIDERS INC COM
      7,980.00        21,170.00      28,000.00    Corporate Stock - Common     EAT AT JOES LTD COM
    263,287.50       290,692.96       3,400.00    Corporate Stock - Common     EATON CORP COM
    185,850.00       116,781.56       2,400.00    Corporate Stock - Common     EATON CORP COM
    264,100.00       245,243.16       1,600.00    Corporate Stock - Common     EBAY INC COM
</TABLE>



                                 Page 57 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    272,023.00       228,243.01       1,648.00    Corporate Stock - Common     EBAY INC COM
      4,800.00        13,619.36       3,200.00    Corporate Stock - Common     ECHO BAY MINES LTD COM
    499,630.69       140,576.98       7,563.00    Corporate Stock - Common     ECHOSTAR COMMUNICATIONS CORP NEW CL A
    152,350.00        55,366.10       4,400.00    Corporate Stock - Common     ECOLAB INC COM
     15,990.20        26,420.89       1,700.00    Corporate Stock - Common     ED MGMT CORP COM
      2,375.00         4,225.05         200.00    Corporate Stock - Common     EDELBROCK CORP COM
    312,700.00       238,017.63      11,800.00    Corporate Stock - Common     EDISON INTL COM
      5,950.00         5,922.58         200.00    Corporate Stock - Common     EDWARDS A.G INC COM
    109,150.00        85,536.19       3,700.00    Corporate Stock - Common     EDWARDS J D & CO COM
      2,625.00         3,625.00       1,000.00    Corporate Stock - Common     EEX CORP COM NEW
     29,662.50        34,479.69      11,300.00    Corporate Stock - Common     EEX CORP COM NEW
      8,731.25        14,892.67       1,100.00    Corporate Stock - Common     EFAX COM INC COM
      7,431.25         7,761.37         410.00    Corporate Stock - Common     EGGHEAD COM INC NEW COM
    619,850.00       588,811.75      16,100.00    Corporate Stock - Common     EL PASO ENERGY CORP DEL COM
    604,450.00       554,387.41      15,700.00    Corporate Stock - Common     EL PASO ENERGY CORP DEL COM
    296,450.00       277,272.71       7,700.00    Corporate Stock - Common     EL PASO ENERGY CORP DEL COM
      5,156.00         5,836.20         500.00    Corporate Stock - Common     ELCOM INTL INC COM
  1,122,162.50       541,280.17      10,700.00    Corporate Stock - Common     ELECTR ARTS COM
        343.00         1,447.09       1,000.00    Corporate Stock - Common     ELECTR BUSINESS SVCS INC COM
  1,543,500.00       901,921.60      24,000.00    Corporate Stock - Common     ELECTR DATA SYS CORP NEW COM
  1,074,018.75       681,069.02      16,700.00    Corporate Stock - Common     ELECTR DATA SYS CORP NEW COM
    180,075.00       178,350.20       2,800.00    Corporate Stock - Common     ELECTR DATA SYS CORP NEW COM
      1,775.00         1,474.76         200.00    Corporate Stock - Common     ELECTRIC CITY CORP COM
    105,331.60        72,023.09       3,700.00    Corporate Stock - Common     ELECTROGLAS INC COM
    640,530.00       529,821.62      22,500.00    Corporate Stock - Common     ELECTROGLAS INC COM
    323,437.50       314,553.91      15,000.00    Corporate Stock - Common     ELECTRONICS BOUTIQUE HLDGS CORP COM
     51,246.88        23,211.60       1,150.00    Corporate Stock - Common     ELECTRONICS FOR IMAGING INC COM
    109,148.83       103,847.98       1,521.24    Corporate Stock - Common     ELI LILLY & CO COM
  2,654,750.00       927,575.30      37,000.00    Corporate Stock - Common     ELI LILLY & CO COM
      7,000.00         5,892.46       1,000.00    Corporate Stock - Common     ELITE INFORMATION GROUP INC COM STK
     10,075.00         4,334.05         400.00    Corporate Stock - Common     ELRON ELECTR INDS LTD ORD
  3,960,862.50     2,465,221.45      47,400.00    Corporate Stock - Common     EMC CORP MASS COM
    716,632.00       472,255.70       8,576.00    Corporate Stock - Common     EMC CORP MASS COM
  2,866,193.75       317,513.09      34,300.00    Corporate Stock - Common     EMC CORP MASS COM
  2,999,893.75     1,221,171.02      35,900.00    Corporate Stock - Common     EMC CORP MASS COM
    837,900.00       478,646.85      14,700.00    Corporate Stock - Common     EMERSON ELEC CO COM
        937.20         6,990.00       1,200.00    Corporate Stock - Common     EMP SOLUTIONS INC
    232,375.00       260,260.00       1,430.00    Corporate Stock - Common     EMULEX CORP COM NEW
    617,500.00       496,193.74       3,800.00    Corporate Stock - Common     EMULEX CORP COM NEW
        933.80        11,411.98       2,300.00    Corporate Stock - Common     ENAMELON INC COM
        326.25           479.95          60.00    Corporate Stock - Common     ENCAD INC COM
    121,800.00        60,963.46      17,400.00    Corporate Stock - Common     ENDOCARE INC COM
</TABLE>



                                 Page 58 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>            <C>              <C>           <C>                          <C>
      5,000.00         7,024.91       1,000.00    Corporate Stock - Common     ENDOSONICS CORP COM
     65,450.00        67,346.50       3,400.00    Corporate Stock - Common     ENERGEN CORP COM
    958,800.00     1,043,380.58      40,800.00    Corporate Stock - Common     ENERGY E. CORP COM
      6,261.15           462.98         266.43    Corporate Stock - Common     ENERGY E. CORP COM
      1,182.00         1,445.95          24.00    Corporate Stock - Common     ENGAGE INC COM ISIN US2928271020
     71,453.13        63,886.22       4,250.00    Corporate Stock - Common     ENGELHARD CORP COM
        711.88         1,931.83          85.00    Corporate Stock - Common     ENGR ANIMATION INC COM
    137,000.00       259,924.19       8,000.00    Corporate Stock - Common     ENHANCE FINL SVCS GROUP INC COM
        725.00         1,024.98         100.00    Corporate Stock - Common     ENLIGHTEN SOFTWARE SOLUTIONS INC COM
                                                                                 ISIN #US29336A1016
    921,112.50       422,402.36      24,200.00    Corporate Stock - Common     ENRON CORP COM
     32,957.33        33,553.18         865.87    Corporate Stock - Common     ENRON CORP COM
     78,243.75        56,160.25       3,900.00    Corporate Stock - Common     ENSCO INTL INC COM
    571,875.00       262,793.59      10,000.00    Corporate Stock - Common     ENTERCOM COMMUNICATIONS CORP CL A
    411,750.00       357,053.30       7,200.00    Corporate Stock - Common     ENTERCOM COMMUNICATIONS CORP CL A
    231,525.00       225,070.11       8,400.00    Corporate Stock - Common     ENTERGY CORP NEW COM
    716,625.00       780,747.86      26,000.00    Corporate Stock - Common     ENTERGY CORP NEW COM
     82,638.24       286,444.86     516,489.00    Corporate Stock - Common     ENTMNT TECHNOLOGIES & PROGRAMS INC COM
    666,683.88       411,779.50      25,519.00    Corporate Stock - Common     ENZO BIOCHEM INC COM
    904,650.00     1,088,025.00      48,900.00    Corporate Stock - Common     EOG RESOURCES INC COM
      8,796.30        10,169.04         400.97    Corporate Stock - Common     EQTY OFFICE PPTYS TR COM STK
      4,950.00         7,079.94         200.00    Corporate Stock - Common     EQUIFAX INC COM
    121,275.00       158,362.59       4,900.00    Corporate Stock - Common     EQUIFAX INC COM
    285,462.50       291,694.50       8,200.00    Corporate Stock - Common     EQUITABLE RES INC COM
      2,100.00         3,272.40         700.00    Corporate Stock - Common     EQUITYALERT COM INC COM ISIN
                                                                                 US29477J1016
        887.50           979.95         100.00    Corporate Stock - Common     ESHARE TECHNOLOGIES INC GA COM
     11,250.00         9,279.95         500.00    Corporate Stock - Common     ESOFT INC COM
     21,500.00         6,529.30       1,000.00    Corporate Stock - Common     ESS TECH INC COM
     11,653.66        10,045.71         350.49    Corporate Stock - Common     ETHAN ALLEN INTERIORS INC COM
    347,462.50       330,820.58      10,450.00    Corporate Stock - Common     ETHAN ALLEN INTERIORS INC COM
     57,368.75        68,911.00      13,700.00    Corporate Stock - Common     ETHYL CORP COM
     25,050.00        24,716.45         400.00    Corporate Stock - Common     ETOYS INC COM
     21,000.00        21,029.95       1,000.00    Corporate Stock - Common     EVERGREEN RES INC COM NO PAR
      5,362.50         6,109.90         600.00    Corporate Stock - Common     EVOLVING SYS INC COM
      3,484.00         5,837.82         500.00    Corporate Stock - Common     EXABYTE CORP
      7,312.50         6,061.20         500.00    Corporate Stock - Common     EXCEL TECH INC COM
      3,297.60        45,744.00       4,800.00    Corporate Stock - Common     EXCELSIOR-HENDERSON MOTORCYCLE MFG CO  COM
        515.63         1,392.15          50.00    Corporate Stock - Common     EXIDE CORP
      6,468.75         1,601.41          60.00    Corporate Stock - Common     EXODUS COMMUNICATIONS INC COM STK ISIN# US3020881096
    527,203.13       370,180.49       4,890.00    Corporate Stock - Common     EXODUS COMMUNICATIONS INC COM STK ISIN# US3020881096
</TABLE>



                                 Page 59 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      5,325.00         5,414.71         100.00    Corporate Stock - Common     EXPEDIA INC CL A
    252,650.00       233,819.35       6,200.00    Corporate Stock - Common     EXPEDITORS INTL WASH INC COM
    395,275.00       292,406.50       9,700.00    Corporate Stock - Common     EXPEDITORS INTL WASH INC COM
     20,250.00        28,642.50       3,000.00    Corporate Stock - Common     EXPONENT INC COM
     25,375.00        24,113.72         500.00    Corporate Stock - Common     EXPRESS SCRIPTS INC CL A
     72,262.50       106,032.00       9,400.00    Corporate Stock - Common     EXTD STAY AMER INC COM
    484,537.50       642,079.53       7,300.00    Corporate Stock - Common     EXTREME NETWORKS INC COM
    481,250.00       381,343.64      11,000.00    Corporate Stock - Common     F P L GROUP INC COM
    266,875.00       236,452.99       6,100.00    Corporate Stock - Common     F P L GROUP INC COM
     57,600.00        58,761.00       1,800.00    Corporate Stock - Common     F Y I INC COM
      3,593.75         3,873.70         500.00    Corporate Stock - Common     FACTUAL DATA CORP COM
    630,000.00       440,980.31      22,500.00    Corporate Stock - Common     FAIRCHILD SEMICONDUCTOR INTL INC CL A
      3,312.00        11,027.91       2,000.00    Corporate Stock - Common     FAMILY GOLF CTRS INC COM
        300.00           837.47         200.00    Corporate Stock - Common     FAMILY STEAK HSES FLA INC COM NEW
     29,537.50        41,167.37       1,700.00    Corporate Stock - Common     FBL FINL GROUP INC CL A
      4,462.50         4,679.95         200.00    Corporate Stock - Common     FED MOGUL CORP COM
    334,143.75       225,554.39       7,100.00    Corporate Stock - Common     FEDT DEPT STORES INC DEL COM
    527,100.00       559,053.11      11,200.00    Corporate Stock - Common     FEDT DEPT STORES INC DEL COM
    409,443.75       380,859.03       8,700.00    Corporate Stock - Common     FEDT DEPT STORES INC DEL COM
  1,160,312.50       446,456.91      23,500.00    Corporate Stock - Common     FHLMC VTG COM
  4,058,625.00     4,254,745.76      82,200.00    Corporate Stock - Common     FHLMC VTG COM
     16,941.75        15,970.26         147.00    Corporate Stock - Common     FINISAR CORP COM
        424.80         4,037.95         800.00    Corporate Stock - Common     FIREARMS TRAINING SYS INC CL A
      2,575.00         2,507.39         200.00    Corporate Stock - Common     FIRST AMERN FINL CORP CAL COM
    627,125.00       458,951.80      14,500.00    Corporate Stock - Common     FIRST DATA CORP COM
      4,325.00         3,387.75         100.00    Corporate Stock - Common     FIRST DATA CORP COM
    508,787.50       419,722.03      20,200.00    Corporate Stock - Common     FIRST HLTH GROUP CORP COM
          8.38           676.26          67.00    Corporate Stock - Common     FIRST MED GROUP INC COM
      1,312.50         2,497.40       1,000.00    Corporate Stock - Common     FIRST MONTAUK FINL CORP COM
     17,062.50        23,265.00      13,000.00    Corporate Stock - Common     FIRST PRTY GROUP INC COM PAR $0.015
     73,043.75        95,037.25       3,100.00    Corporate Stock - Common     FIRST REP BK SAN FRAN CAL COM
      5,660.38         5,145.45         201.26    Corporate Stock - Common     FIRST SEC CORP COM
         59.38           226.50          25.00    Corporate Stock - Common     FIRST TEAM SPORTS INC COM
     88,223.79       117,568.10       2,280.42    Corporate Stock - Common     FIRST UN CORP COM ISIN #US3373581053
  1,255,254.63       900,368.83      32,446.00    Corporate Stock - Common     FIRST UN CORP COM ISIN #US3373581053
     16,335.00        24,543.00         990.00    Corporate Stock - Common     FIRST WASH BANCORP INC WASH COM
    868,166.00       980,160.15      33,391.00    Corporate Stock - Common     FIRSTAR CORP NEW WIS COM
    184,168.75       186,027.28       7,900.00    Corporate Stock - Common     FIRSTENERGY CORP COM
    104,975.00       128,027.00       6,800.00    Corporate Stock - Common     FIRSTFED FINL CORP DEL COM
    341,998.56       361,522.97      13,170.00    Corporate Stock - Common     FIRSTMERIT CORP COM
      1,120.00        19,068.99       7,000.00    Corporate Stock - Common     FIRSTPLUS FINL GROUP COM
        525.00         2,190.64         300.00    Corporate Stock - Common     FISCHER IMAGING CORP COM
</TABLE>



                                 Page 60 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     90,625.00       101,083.11       2,900.00    Corporate Stock - Common     FL ROCK INDS INC COM
    141,075.00       138,199.38       3,300.00    Corporate Stock - Common     FLA PROGRESS CORP COM
  1,181,791.88       626,420.42      31,254.00    Corporate Stock - Common     FLEETBOSTON FINL CORP COM STK
  1,468,940.00     1,312,758.82      38,848.00    Corporate Stock - Common     FLEETBOSTON FINL CORP COM STK
     13,725.94        10,879.65         363.00    Corporate Stock - Common     FLEETBOSTON FINL CORP COM STK
     23,100.00        25,661.06       1,100.00    Corporate Stock - Common     FLEETWOOD ENTERPRISES INC COM
      4,200.00         4,751.99         200.00    Corporate Stock - Common     FLEETWOOD ENTERPRISES INC COM
      4,146.88         2,351.83          50.00    Corporate Stock - Common     FLEXTRONICS INTL LTD COM STK
      6,100.00         6,929.53         400.00    Corporate Stock - Common     FLIR SYS INC COM
    296,387.50       259,481.97      18,100.00    Corporate Stock - Common     FLOWERS INDS INC COM
    109,362.50       106,727.91       2,600.00    Corporate Stock - Common     FLUOR CORP COM
    837,043.75       723,761.34      19,900.00    Corporate Stock - Common     FLUOR CORP COM
    343,650.63       341,629.17       8,170.00    Corporate Stock - Common     FLUOR CORP COM
     33,294.78        38,486.65         791.56    Corporate Stock - Common     FLUOR CORP COM
     53,350.00        58,394.52       1,100.00    Corporate Stock - Common     FMC CORP COM (NEW)
    537,631.25       583,267.90      10,180.00    Corporate Stock - Common     FNCL SEC ASSURN HLDGS LTD COM
    259,031.25       440,521.61      30,700.00    Corporate Stock - Common     FNDTN HLTH SYS INC COM STK CL A
      1,940.63         5,581.06         230.00    Corporate Stock - Common     FNDTN HLTH SYS INC COM STK CL A
  1,039,350.00     1,091,843.88      15,600.00    Corporate Stock - Common     FNMA COM STK
  2,311,887.50       800,416.89      34,700.00    Corporate Stock - Common     FNMA COM STK
     77,434.31        61,657.75       1,162.24    Corporate Stock - Common     FNMA COM STK
    932,750.00       902,747.74      14,000.00    Corporate Stock - Common     FNMA COM STK
    533,925.00       375,066.93      22,600.00    Corporate Stock - Common     FOCAL COMMUNICATIONS CORP COM
     11,779.80        12,530.94       5,800.00    Corporate Stock - Common     FONAR CORP COM
      1,481.25         1,306.87         300.00    Corporate Stock - Common     FOOD TECH SVC INC COM
    742,350.00       730,376.62      14,700.00    Corporate Stock - Common     FORD MTR CO DEL COM
  1,959,400.00     2,202,663.50      38,800.00    Corporate Stock - Common     FORD MTR CO DEL COM
    833,250.00       351,901.72      16,500.00    Corporate Stock - Common     FORD MTR CO DEL COM
  1,959,400.00     2,090,333.31      38,800.00    Corporate Stock - Common     FORD MTR CO DEL COM
     55,488.84        57,802.55       1,098.79    Corporate Stock - Common     FORD MTR CO DEL COM
  2,070,500.00       829,298.27      41,000.00    Corporate Stock - Common     FORD MTR CO DEL COM
    191,450.00       142,603.24       5,600.00    Corporate Stock - Common     FORTUNE BRANDS INC COM STK
    148,050.00       171,637.75       7,050.00    Corporate Stock - Common     FOSSIL INC COM
     14,262.50        42,943.53       1,400.00    Corporate Stock - Common     FOSTER WHEELER CORP COM
     55,012.50        64,513.26       5,400.00    Corporate Stock - Common     FOSTER WHEELER CORP COM
      4,653.03         5,005.50         254.00    Corporate Stock - Common     FRANCO NEV MNG LTD COM
    313,087.50       326,036.68      19,800.00    Corporate Stock - Common     FREEPORT MCMORAN C & G CL B COM STK
     12,650.00        14,019.19         800.00    Corporate Stock - Common     FREEPORT MCMORAN C & G CL B COM STK
     86,968.75       149,243.89       5,500.00    Corporate Stock - Common     FREEPORT MCMORAN C & G CL B COM STK
     64,293.75       298,792.90      12,700.00    Corporate Stock - Common     FREMONT GEN CORP COM
      2,718.75         6,474.00       1,500.00    Corporate Stock - Common     FRESH CHOICE INC COM
      8,656.36        10,291.50       1,026.00    Corporate Stock - Common     FRIEDE GOLDMAN HALTER INC
</TABLE>



                                 Page 61 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
     19,012.50        44,226.00       2,600.00    Corporate Stock - Common     FRKLN COVEY CO COM
        634.53           584.72          20.18    Corporate Stock - Common     FRKLN RES INC COM
    848,812.50       993,855.66      27,000.00    Corporate Stock - Common     FRKLN RES INC COM
    267,218.75       446,840.98       8,500.00    Corporate Stock - Common     FRKLN RES INC COM
     10,437.50        10,702.04       1,000.00    Corporate Stock - Common     FRONTIER AIRLS INC NEW COM
    819,375.00       705,431.19      28,500.00    Corporate Stock - Common     FT JAMES CORP COM
    215,625.00       275,617.15       7,500.00    Corporate Stock - Common     FT JAMES CORP COM
      1,500.00         2,779.95       1,000.00    Corporate Stock - Common     FULL TILT SPORTS INC COM STK
    109,000.00       104,440.00       2,000.00    Corporate Stock - Common     FULLER H B CO COM
    399,645.00       263,073.48      12,840.00    Corporate Stock - Common     FWD AIR CORP COM
    230,912.50       134,958.66       5,800.00    Corporate Stock - Common     GA PAC CORP COM-GEORGIA PAC GROUP
    334,425.00       386,914.92       8,400.00    Corporate Stock - Common     GA PAC CORP COM-GEORGIA PAC GROUP
    783,300.00       873,308.86      33,600.00    Corporate Stock - Common     GA PAC CORP COM-TIMBER GROUP
      1,530.00         1,649.95         180.00    Corporate Stock - Common     GADZOOKS INC COM
    114,450.00        98,440.37       2,100.00    Corporate Stock - Common     GALLAGHER ARTHUR J & CO COM
    780,031.25       778,166.26      10,900.00    Corporate Stock - Common     GANNETT INC COM
    765,718.75       791,475.47      10,700.00    Corporate Stock - Common     GANNETT INC COM
    679,843.75       284,087.84       9,500.00    Corporate Stock - Common     GANNETT INC COM
  1,174,986.00       185,371.32      29,012.00    Corporate Stock - Common     GAP INC COM
    441,450.00       459,078.19      10,900.00    Corporate Stock - Common     GAP INC COM
  4,278,825.00     3,925,780.37     105,650.00    Corporate Stock - Common     GAP INC COM
     52,433.24        52,013.50       1,294.65    Corporate Stock - Common     GAP INC COM
        787.50         1,129.95         100.00    Corporate Stock - Common     GARDENBURGER INC COM
     14,950.00        18,122.40       1,300.00    Corporate Stock - Common     GARTNER GROUP INC NEW CL A
        575.25             -             52.00    Corporate Stock - Common     GARTNER GROUP INC NEW CL B
    198,575.00        73,390.97       2,600.00    Corporate Stock - Common     GATEWAY INC COM
    809,575.00       309,681.02      10,600.00    Corporate Stock - Common     GATEWAY INC COM
      1,300.50         5,548.83         408.00    Corporate Stock - Common     GDR ASHANTI GOLDFIELDS LTD GLOBAL DEPOS RCPT
    132,237.50        98,619.00       7,100.00    Corporate Stock - Common     GDR HON HAI PRECISION IND LTD GLOBAL  DEPOS RCPT
     62,095.75        46,835.03       3,334.00    Corporate Stock - Common     GDR HON HAI PRECISION IND LTD GLOBAL  DEPOS RCPT
      2,125.00         2,929.95         200.00    Corporate Stock - Common     GELTEX PHARMACEUTICALS INC COM
     67,650.00        38,962.47         600.00    Corporate Stock - Common     GEMSTAR INTL GROUP LTD COM ISIN # VGG3788V1067
     15,500.00        14,434.90       2,000.00    Corporate Stock - Common     GEN CABLE CORP DEL NEW COM
  1,211,718.75     1,447,173.75      23,500.00    Corporate Stock - Common     GEN DYNAMICS CORP COM
    345,468.75       258,879.84       6,700.00    Corporate Stock - Common     GEN DYNAMICS CORP COM
  8,190,000.00     5,084,628.74      63,000.00    Corporate Stock - Common     GEN ELEC CO COM
    614,279.77       410,387.98       4,725.23    Corporate Stock - Common     GEN ELEC CO COM
  14,443,000.00    3,607,307.36     111,100.00    Corporate Stock - Common     GEN ELEC CO COM
      2,852.30         2,835.57       1,100.00    Corporate Stock - Common     GEN MAGIC INC COM
</TABLE>



                                 Page 62 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    391,950.00       256,814.86      10,400.00    Corporate Stock - Common     GEN MILLS INC COM
    373,106.25       376,626.72       9,900.00    Corporate Stock - Common     GEN MILLS INC COM
     12,578.13        13,475.08       1,150.00    Corporate Stock - Common     GENCORP INC COM
  1,569,600.00       800,465.38      21,800.00    Corporate Stock - Common     GENERAL MOTORS CORP COMMON STOCK
    167,104.08       148,357.38       2,320.89    Corporate Stock - Common     GENERAL MOTORS CORP COMMON STOCK
    676,800.00       676,944.64       9,400.00    Corporate Stock - Common     GENERAL MOTORS CORP COMMON STOCK
  1,540,800.00       679,158.86      21,400.00    Corporate Stock - Common     GENERAL MOTORS CORP COMMON STOCK
        155.00         1,500.00       5,000.00    Corporate Stock - Common     GENERATION ENTMT CORP COM
    141,400.00       132,020.39      10,100.00    Corporate Stock - Common     GENESCO INC COM
          1.50           488.63         100.00    Corporate Stock - Common     GENESIS DIRECT INC COM
     24,375.00        24,892.81       1,300.00    Corporate Stock - Common     GENESIS MICROCHIP INC COM
      3,750.00         1,770.06       5,000.00    Corporate Stock - Common     GENICOM CORP COM
        934.38           704.65          50.00    Corporate Stock - Common     GENTEX CORP COM
    155,143.75       138,275.32       6,025.00    Corporate Stock - Common     GENUINE PARTS CO COM
      4,323.97         4,863.15         167.92    Corporate Stock - Common     GENUINE PARTS CO COM
    721,000.00       818,331.28      28,000.00    Corporate Stock - Common     GENUINE PARTS CO COM
    169,200.00       191,754.31       4,700.00    Corporate Stock - Common     GENZYME CORP COM
    730,800.00       673,975.05      20,300.00    Corporate Stock - Common     GENZYME CORP COM
         54.31            52.59          11.00    Corporate Stock - Common     GENZYME CORP COM-MOLECULAR ONCOLOGY DIV
         15.46            71.20           9.00    Corporate Stock - Common     GENZYME CORP COM-TISSUE REPAIR
    187,550.00       157,520.20       6,200.00    Corporate Stock - Common     GEON CO COM
         42.00        10,240.33       3,000.00    Corporate Stock - Common     GEOTEK COMMUNICATIONS INC COM
      7,631.25         8,092.45         300.00    Corporate Stock - Common     GETTHERE COM INC COM
        553.00           592.58          14.00    Corporate Stock - Common     GETTY IMAGES INC COM
      2,456.25         3,461.20         150.00    Corporate Stock - Common     GILAT COMMUNICATIONS COM STK
  1,261,887.50     1,345,693.63      31,400.00    Corporate Stock - Common     GILLETTE CO COM
  1,477,935.50       880,113.71      36,776.00    Corporate Stock - Common     GILLETTE CO COM
     82,446.75        83,060.79       2,051.55    Corporate Stock - Common     GILLETTE CO COM
     13,231.25        23,395.81       7,300.00    Corporate Stock - Common     GLAMIS GOLD LTD COM
      3,281.25         3,975.61         700.00    Corporate Stock - Common     GLENAYRE TECHNOLOGIES INC COM
    548,671.63       424,343.97      12,577.00    Corporate Stock - Common     GLOBAL CROSSING LTD COM
  1,134,031.88       507,105.73      25,995.00    Corporate Stock - Common     GLOBAL CROSSING LTD COM
    284,936.19       421,860.66      36,330.00    Corporate Stock - Common     GLOBAL INDS LTD COM
      7,843.00         5,661.61       1,000.00    Corporate Stock - Common     GLOBAL INDS LTD COM
    277,156.25       277,346.72      18,100.00    Corporate Stock - Common     GLOBAL MARINE INC DEL COM (NEW)
        750.00           869.77       1,000.00    Corporate Stock - Common     GLOBAL MED TECHNOLOGIES INC COM STK
      3,228.75           897.08         410.00    Corporate Stock - Common     GLOBAL TECHNOLOGIES LTD CL A
      6,387.50         4,265.03         200.00    Corporate Stock - Common     GLOBAL TELESYSTEMS GROUP INC CDT-COM
        190.00           289.25       2,000.00    Corporate Stock - Common     GLOBAL WTR TECHNOLOGIES INC COM
        352.00         2,590.00       2,000.00    Corporate Stock - Common     GLOBAL-PAC MINERALS INC COM
    113,400.00       129,442.72       4,725.00    Corporate Stock - Common     GLOBALSTAR TELECOMMUNICATIONS LTD COM
                                                                                 ISIN # BMG3983OH104
</TABLE>



                                 Page 63 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    386,681.25       143,716.04       5,030.00    Corporate Stock - Common     GLOBESPAN INC COM ISIN US3795711023
     10,886.31        11,216.48         149.00    Corporate Stock - Common     GO2NET INC COM
    561,120.00       566,413.82       7,680.00    Corporate Stock - Common     GO2NET INC COM
      9,718.75        12,255.59         500.00    Corporate Stock - Common     GOLDEN ST BANCORP INC COM STK
    590,900.00       614,970.72      30,400.00    Corporate Stock - Common     GOLDEN ST BANCORP INC COM STK
    266,293.75       253,537.41      13,700.00    Corporate Stock - Common     GOLDEN ST BANCORP INC COM STK
        406.25         2,000.00         500.00    Corporate Stock - Common     GOLDEN ST BANCORP INC LITIGATION
                                                                                 TRACKING WT
    484,500.00       459,374.94       4,800.00    Corporate Stock - Common     GOLDEN W. FNCL CORP COM
  1,897,625.00       753,039.53      18,800.00    Corporate Stock - Common     GOLDEN W. FNCL CORP COM
    191,781.25        85,251.05       1,900.00    Corporate Stock - Common     GOLDEN W. FNCL CORP COM
  2,621,862.50     2,234,096.66      34,900.00    Corporate Stock - Common     GOLDMAN SACHS GROUP INC COM
     76,251.88        73,324.90       1,015.00    Corporate Stock - Common     GOLDMAN SACHS GROUP INC COM
     45,125.00        49,808.60       2,000.00    Corporate Stock - Common     GOODRICH B F CO COM
     83,481.25       129,822.27       3,700.00    Corporate Stock - Common     GOODRICH B F CO COM
        375.00           805.27         125.00    Corporate Stock - Common     GOODRICH PETE CORP COM NEW
    178,875.00       198,585.19       5,300.00    Corporate Stock - Common     GOODYEAR TIRE & RUBBER CO COM
     28,510.14        42,837.65         844.75    Corporate Stock - Common     GOODYEAR TIRE & RUBBER CO COM
      9,000.00         5,466.48       1,000.00    Corporate Stock - Common     GOTTSCHALKS INC COM
    134,400.00       135,473.71       4,200.00    Corporate Stock - Common     GPU INC COM
  1,219,200.00     1,299,608.69      38,100.00    Corporate Stock - Common     GPU INC COM
     32,700.00        19,019.82       2,400.00    Corporate Stock - Common     GRACE W R & CO DEL NEW COM STK
    291,575.00       358,453.16      21,400.00    Corporate Stock - Common     GRACE W R & CO DEL NEW COM STK
    150,800.00        88,924.00       3,200.00    Corporate Stock - Common     GRAINGER W W INC COM
    134,900.00       220,091.91       7,100.00    Corporate Stock - Common     GRANITE CONST INC COM
     33,068.75        39,174.65       1,300.00    Corporate Stock - Common     GREAT ATLC & PAC TEA CO INC COM
      9,210.00        10,731.00       6,000.00    Corporate Stock - Common     GREAT BASIN GOLD LTD COM
     66,375.00       103,701.95       2,000.00    Corporate Stock - Common     GREAT LAKES CHEM CORP COM
        450.00        37,165.00       5,000.00    Corporate Stock - Common     GREENSTONE RES LTD COM
      6,050.00         6,888.34       2,200.00    Corporate Stock - Common     GREY WOLF INC COM
     15,840.63        13,780.37       1,850.00    Corporate Stock - Common     GST TELECOMMUNICATIONS INC COM
  2,423,600.00     1,214,259.64      33,200.00    Corporate Stock - Common     GTE CORP COM
     61,417.97        56,427.22         841.34    Corporate Stock - Common     GTE CORP COM
      4,200.00         4,279.95         100.00    Corporate Stock - Common     GTR BAY BANCORP COM
     46,200.00        46,219.25       1,100.00    Corporate Stock - Common     GTR BAY BANCORP COM
     17,937.50         6,766.59       1,000.00    Corporate Stock - Common     GUESS INC COM
    110,000.00       101,412.96       2,200.00    Corporate Stock - Common     GUIDANT CORP COM STK
    510,000.00       172,285.14      10,200.00    Corporate Stock - Common     GUIDANT CORP COM STK
      2,355.50         5,220.44         673.00    Corporate Stock - Common     GULF CDA RES LTD ORD
      7,875.00         4,779.95         500.00    Corporate Stock - Common     GUM TECH INTL INC COM
     21,000.00        15,772.50       7,000.00    Corporate Stock - Common     H T E INC COM
    107,512.50       118,723.41       4,700.00    Corporate Stock - Common     HAIN FOOD GROUP INC COM
</TABLE>



                                 Page 64 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    103,174.84        98,178.77       2,666.88    Corporate Stock - Common     HALLIBURTON CO COM
    576,443.75       340,951.19      14,900.00    Corporate Stock - Common     HALLIBURTON CO COM
          1.40             0.01           0.09    Corporate Stock - Common     HANDLEMAN CO DEL COM
    359,693.75       306,448.88      23,300.00    Corporate Stock - Common     HANDLEMAN CO DEL COM
     79,500.00        63,472.43       2,400.00    Corporate Stock - Common     HARCOURT GEN INC COM
      1,000.00         2,450.73       1,000.00    Corporate Stock - Common     HARKEN ENERGY CORP COM
     79,617.69        74,090.09       1,305.21    Corporate Stock - Common     HARLEY DAVIDSON INC COM
    468,975.00       381,753.23       7,800.00    Corporate Stock - Common     HARMONIC INC COM
      1,275.00         3,837.61       1,200.00    Corporate Stock - Common     HARNISCHFEGER IND INC COM
     65,277.88        40,822.89       2,363.00    Corporate Stock - Common     HARRAH S ENTMT INC COM STK
    120,168.75        64,781.77       4,350.00    Corporate Stock - Common     HARRAH S ENTMT INC COM STK
    359,493.75       168,583.99       7,700.00    Corporate Stock - Common     HARTFORD FINL SVCS GROUP INC COM
     12,442.20        10,884.59         278.04    Corporate Stock - Common     HARTFORD LIFE INC CL A
    142,312.50        88,504.97       6,600.00    Corporate Stock - Common     HASBRO INC COM
      2,156.25         2,684.72         100.00    Corporate Stock - Common     HASBRO INC COM
  1,287,281.25     1,487,687.30      59,700.00    Corporate Stock - Common     HASBRO INC COM
     12,062.50        13,957.16         500.00    Corporate Stock - Common     HAUPPAUGE DIGITAL INC COM
     52,250.00        48,891.04       3,800.00    Corporate Stock - Common     HAVERTY FURNITURE COS INC COM
    201,712.50       263,048.20       6,600.00    Corporate Stock - Common     HAWAIIAN ELEC INDS INC COM
     12,750.00        11,705.00       1,000.00    Corporate Stock - Common     HBR FLA BANCSHARES INC COM
     18,129.56        19,903.75         399.00    Corporate Stock - Common     HEALTHEON/WEBMD CORP
     80,193.75       306,762.62      14,100.00    Corporate Stock - Common     HEALTHSOUTH CORP COM STK
      1,600.00         4,431.72         400.00    Corporate Stock - Common     HEARX LTD COM NEW
    506,687.50       344,154.59      12,100.00    Corporate Stock - Common     HEINZ H J CO COM
      5,281.25         8,389.24         500.00    Corporate Stock - Common     HELEN TROY LTD COM STK
    634,987.50       813,390.39      28,700.00    Corporate Stock - Common     HELLER FINL INC CL A COM STK
    382,762.50       408,447.81      17,300.00    Corporate Stock - Common     HELLER FINL INC CL A COM STK
     38,462.50        21,254.83       1,700.00    Corporate Stock - Common     HELMERICH & PAYNE INC COM
    219,462.50       286,266.40       9,700.00    Corporate Stock - Common     HELMERICH & PAYNE INC COM
     85,500.00       104,864.39       3,600.00    Corporate Stock - Common     HERCULES INC VTG COM
    230,887.50       134,042.34       4,700.00    Corporate Stock - Common     HERSHEY FOODS CORP COM
     10,082.96        11,022.38         205.25    Corporate Stock - Common     HERSHEY FOODS CORP COM
    232,718.75       222,034.45       5,500.00    Corporate Stock - Common     HERTZ CORP CL A
  3,254,212.50     1,040,431.15      34,300.00    Corporate Stock - Common     HEWLETT-PACKARD CO COM
    572,297.86       489,787.71       6,032.13    Corporate Stock - Common     HEWLETT-PACKARD CO COM
  1,375,687.50       161,599.73      14,500.00    Corporate Stock - Common     HEWLETT-PACKARD CO COM
      4,400.00         3,919.30         100.00    Corporate Stock - Common     HI / FN INC COM STK
      5,076.37         8,020.29         230.74    Corporate Stock - Common     HIGHWOODS PPTYS INC COM
      4,615.31         4,928.97         135.00    Corporate Stock - Common     HILLENBRAND IND INC COM
     33,712.68        48,450.55       3,350.33    Corporate Stock - Common     HILTON HOTELS CORP COM
     86,537.50        87,296.18       8,600.00    Corporate Stock - Common     HILTON HOTELS CORP COM
     24,147.71        31,323.35         931.00    Corporate Stock - Common     HLTH CARE PPTY INVS INC COM
</TABLE>



                                 Page 65 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      3,964.63         3,591.25         322.00    Corporate Stock - Common     HLTH MGMT ASSOC INC NEW CL A COM
      5,025.00         4,384.38         400.00    Corporate Stock - Common     HOLLINGER INTL INC CL A
      1,412.50         1,629.95         100.00    Corporate Stock - Common     HOLLYWOOD ENTMT CORP COM
  2,490,468.75     1,659,574.64      31,500.00    Corporate Stock - Common     HOME DEPOT INC COM
    893,406.25       588,586.56      11,300.00    Corporate Stock - Common     HOME DEPOT INC COM
    405,662.10       296,170.71       5,130.90    Corporate Stock - Common     HOME DEPOT INC COM
  3,970,360.63       886,332.15      50,218.00    Corporate Stock - Common     HOME DEPOT INC COM
  4,672,593.75     2,036,550.55      59,100.00    Corporate Stock - Common     HOME DEPOT INC COM
          1.00         1,648.80         200.00    Corporate Stock - Common     HOME HLTH CORP AMER INC COM
     20,281.25        23,472.65       5,900.00    Corporate Stock - Common     HOMEBASE INC COM
        190.08             -            396.00    Corporate Stock - Common     HOMEFED CORP COM NEW
     82,138.25        39,788.05       6,506.00    Corporate Stock - Common     HOMESEEKERS COM INC COM
     72,600.00       118,759.26       8,800.00    Corporate Stock - Common     HOMESTAKE MNG CO CAP
     47,214.97        69,490.80       5,723.03    Corporate Stock - Common     HOMESTAKE MNG CO CAP
      9,450.00         3,462.83         400.00    Corporate Stock - Common     HOOPER HOLMES INC COM
    165,375.00       112,210.00       7,000.00    Corporate Stock - Common     HOOPER HOLMES INC COM
      2,587.50         3,673.61         300.00    Corporate Stock - Common     HORIZON ORGANIC HLDG CORP OC-COM
    271,831.25       271,781.84       6,100.00    Corporate Stock - Common     HORMEL FOODS CORP COM
        500.00         1,291.05         500.00    Corporate Stock - Common     HOSP STAFFING SVCS INC COM
     39,768.75        37,423.98         900.00    Corporate Stock - Common     HOT TOPIC INC COM
    249,475.00       297,980.00       6,800.00    Corporate Stock - Common     HOUGHTON MIFFLIN CO COM
    524,631.25       633,930.69      14,300.00    Corporate Stock - Common     HOUGHTON MIFFLIN CO COM
     31,050.00        34,991.52       2,400.00    Corporate Stock - Common     HS RES INC COM
          -            1,949.50         300.00    Corporate Stock - Common     HSBC HLDG PLC COM STK
    642,732.38       271,772.05      16,246.00    Corporate Stock - Common     HSEHD INTL INC COM
     56,000.00        48,678.00       2,800.00    Corporate Stock - Common     HSTN EXPL CO COM
    263,950.38       259,173.96       8,549.00    Corporate Stock - Common     HUDSON UTD BANCORP COM
        291.38         1,322.09         333.00    Corporate Stock - Common     HUMAN PHEROMONE SCIENCES INC COM NEW
     39,900.00       148,872.38       5,700.00    Corporate Stock - Common     HUMANA INC COM
    304,500.00       330,778.91      43,500.00    Corporate Stock - Common     HUMANA INC COM
     11,750.00        11,916.25       2,000.00    Corporate Stock - Common     HUNGARIAN TEL & CABLE CORP COM
    217,346.88       224,453.42       7,850.00    Corporate Stock - Common     HUNTINGTON BANCSHARES INC COM
        505.23           446.55         330.00    Corporate Stock - Common     HURRICANE HYDROCARBONS LTD CL A
      3,936.00         3,935.00       2,000.00    Corporate Stock - Common     HYPERDYNAMICS CORP COM
     13,687.50         7,092.45         500.00    Corporate Stock - Common     HYPERION SOLUTIONS CORP COM
        200.00         2,154.95       1,000.00    Corporate Stock - Common     I CRYSTAL INC COM
      3,000.00         7,873.12       1,000.00    Corporate Stock - Common     I-LINK CORP COM
     25,500.00        19,657.23         300.00    Corporate Stock - Common     I2 TECHNOLOGIES INC COM
     20,325.00        19,639.93         600.00    Corporate Stock - Common     IBASIS INC COM STK
  1,325,956.25     1,460,858.59      60,100.00    Corporate Stock - Common     IBP INC COM
    500,818.75       602,004.00      22,700.00    Corporate Stock - Common     IBP INC COM
     30,406.45        25,507.31       1,250.65    Corporate Stock - Common     ICN PHARMACEUTICALS INC NEW COM
</TABLE>



                                 Page 66 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
        725.00         1,417.45         200.00    Corporate Stock - Common     ICO GLOBAL COM STK
    384,931.25       234,312.43      12,100.00    Corporate Stock - Common     ICOS CORP COM
    631,215.00       265,692.34       4,980.00    Corporate Stock - Common     IDEC PHARMACEUTICALS CORP COM
     15,925.00        16,476.84         700.00    Corporate Stock - Common     IDT CORP COM
     33,959.13       118,125.18       5,078.00    Corporate Stock - Common     IKON OFFICE SOLUTIONS INC COM STK
    653,975.00       322,618.96      10,100.00    Corporate Stock - Common     ILL TOOL WKS INC COM
  1,366,225.00     1,244,945.08      21,100.00    Corporate Stock - Common     ILL TOOL WKS INC COM
      5,622.00         5,007.76       6,000.00    Corporate Stock - Common     IMAGING TECHNOLOGIES CORP COM
      4,827.00         8,559.90       1,500.00    Corporate Stock - Common     IMAGINON INC COM
      6,437.50         6,200.54         200.00    Corporate Stock - Common     IMATION CORP COM
    241,406.25       240,357.66       7,500.00    Corporate Stock - Common     IMATION CORP COM
     26,250.00        49,126.52      12,000.00    Corporate Stock - Common     IMATRON INC COM
    175,344.75        61,885.74       2,474.00    Corporate Stock - Common     IMMUNEX CORP NEW COM
        350.00           247.19         100.00    Corporate Stock - Common     IMMUNOGEN INC COM
        768.75         7,661.06         300.00    Corporate Stock - Common     IMP INC COM NEW
    559,200.00       503,255.26      23,300.00    Corporate Stock - Common     IMPERIAL BANCORP COM
    380,812.50       435,925.62      67,700.00    Corporate Stock - Common     IMPERIAL CR INDS INC COM
      9,425.00        12,072.15         400.00    Corporate Stock - Common     IMS HLTH INC COM STK
  1,533,918.75     1,765,841.40      65,100.00    Corporate Stock - Common     IMS HLTH INC COM STK
    249,762.50       142,288.19      10,600.00    Corporate Stock - Common     IMS HLTH INC COM STK
    133,600.00        77,093.87       6,400.00    Corporate Stock - Common     IN FOCUS SYS INC COM
    357,022.50       336,473.20      10,860.00    Corporate Stock - Common     INAMED CORP COM
    119,437.50       169,790.20       6,500.00    Corporate Stock - Common     INCO LTD COM
         80.00         1,654.95       1,000.00    Corporate Stock - Common     INCOMNET INC COM NEW
    135,368.75       194,090.05      12,100.00    Corporate Stock - Common     INDEPENDENCE CMNTY BK CORP COM
      1,012.40         5,294.99         400.00    Corporate Stock - Common     INDL HLDGS INC COM
        218.75         1,966.67         500.00    Corporate Stock - Common     INDO-PACIFIC ENERGY LTD COM
     14,070.00        13,722.98         840.00    Corporate Stock - Common     INDPT BK CORP MICH COM
    196,030.39       240,559.77      17,720.26    Corporate Stock - Common     INDYMAC MTG HLDGS INC COM STK
      6,165.00         6,074.93       1,233.00    Corporate Stock - Common     INFINIUM SOFTWARE INC COM
      2,218.75         4,819.97         500.00    Corporate Stock - Common     INFORMATION ARCHITECTS CORP COM
          0.60           314.00         100.00    Corporate Stock - Common     INFORMATION MGMT TECHNOLOGIES CORP CL A PAR $0.04
     48,750.00        28,754.47       3,000.00    Corporate Stock - Common     INFORMATION RES ENGR INC COM PAR $0.01
      1,000.00         1,346.89         100.00    Corporate Stock - Common     INFORMATION RES INC COM
     34,980.00        30,667.77       3,180.00    Corporate Stock - Common     INFORMIX CORP COM
    938,300.00       705,616.13      85,300.00    Corporate Stock - Common     INFORMIX CORP COM
      5,084.38         2,886.20          50.00    Corporate Stock - Common     INFOSPACE INC COM
    271,250.00       130,235.17       5,600.00    Corporate Stock - Common     INGERSOLL-RAND CO COM
  1,259,375.00     1,183,734.92      26,000.00    Corporate Stock - Common     INGERSOLL-RAND CO COM
      7,188.75        14,609.95         540.00    Corporate Stock - Common     INGRAM MICRO INC CL A
    346,062.50       297,221.49      11,300.00    Corporate Stock - Common     INHALE THERAPEUTIC SYS INC COM
    554,968.75       392,233.27       4,300.00    Corporate Stock - Common     INKTOMI CORP COM
</TABLE>



                                 Page 67 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
     64,531.25        49,248.70         500.00    Corporate Stock - Common     INKTOMI CORP COM
      2,728.75         2,527.45         740.00    Corporate Stock - Common     INNERDYNE INC COM
      9,000.00        10,317.45       1,000.00    Corporate Stock - Common     INNOVEX INC COM
    141,112.50        79,030.95      15,900.00    Corporate Stock - Common     INPRISE CORP COM
      2,562.50         2,342.45       1,000.00    Corporate Stock - Common     INSITE VISION INC COM
     40,100.00        38,666.08       1,600.00    Corporate Stock - Common     INSITUFORM TECHNOLOGIES INC CL A COM
     44,768.75        38,439.85       1,900.00    Corporate Stock - Common     INTEGRATED DEVICE TECH INC COM
    801,125.00       745,746.65      34,000.00    Corporate Stock - Common     INTEGRATED DEVICE TECH INC COM
    395,850.00       290,697.12      16,800.00    Corporate Stock - Common     INTEGRATED DEVICE TECH INC COM
     12,750.00        21,774.00       1,200.00    Corporate Stock - Common     INTEGRATED ELEC SVCS INC COM
        750.00           654.95       2,000.00    Corporate Stock - Common     INTEGRATED HLTH SERVICES INC COM
      6,150.00        64,965.20      16,400.00    Corporate Stock - Common     INTEGRATED HLTH SERVICES INC COM
        909.30           642.43         100.00    Corporate Stock - Common     INTEGRATED SILICON SOLUTION INC COM
      2,625.00         3,636.40       1,500.00    Corporate Stock - Common     INTEGRATED SURGICAL SYS INC COM ISIN#
                                                                                 US45812Y1082
  6,096,656.25     2,996,165.36      79,500.00    Corporate Stock - Common     INTEL CORP CAP
  1,518,412.50     1,011,021.37      19,800.00    Corporate Stock - Common     INTEL CORP CAP
  2,009,181.36     1,603,922.80      26,199.59    Corporate Stock - Common     INTEL CORP CAP
  4,049,100.00     3,597,989.39      52,800.00    Corporate Stock - Common     INTEL CORP CAP
  8,596,668.75     1,600,725.38     112,100.00    Corporate Stock - Common     INTEL CORP CAP
      7,653.36         3,783.24       1,560.00    Corporate Stock - Common     INTELIDATA TECHNOLOGIES CORP COM
      1,012.50         1,104.95         100.00    Corporate Stock - Common     INTERDIGITAL COMMUNICATIONS CORP COM
      2,225.00         1,729.95         100.00    Corporate Stock - Common     INTERLIANT INC COM ISIN #US4587421037
     61,325.00        51,139.50       2,200.00    Corporate Stock - Common     INTERMEDIA COMMUNICATIONS INC COM
    369,901.25       324,122.67      13,270.00    Corporate Stock - Common     INTERMEDIA COMMUNICATIONS INC COM
        300.00         4,302.90       6,000.00    Corporate Stock - Common     INTERNATIONAL MAPLE LEAF SPRINGS LTD
      6,625.00         7,185.20       1,000.00    Corporate Stock - Common     INTERPORE INTL COM
    451,200.00       147,089.73       9,600.00    Corporate Stock - Common     INTERPUBLIC GROUP COMPANIES INC COM
         23.63             -              7.00    Corporate Stock - Common     INTERSTATE HOTELS MGMT INC COM
     61,875.00        21,423.90         500.00    Corporate Stock - Common     INTERWOVEN INC COM ISIN # US6114T1025
      9,003.75         8,068.84         210.00    Corporate Stock - Common     INTIMATE BRANDS INC CL A
  1,226,443.75       829,288.28      11,900.00    Corporate Stock - Common     INTL BUSINESS MACH CORP CAP
    798,015.41       767,001.96       7,743.02    Corporate Stock - Common     INTL BUSINESS MACH CORP CAP
    133,981.25       165,477.11       1,300.00    Corporate Stock - Common     INTL BUSINESS MACH CORP CAP
  1,731,450.00     1,432,210.40      16,800.00    Corporate Stock - Common     INTL BUSINESS MACH CORP CAP
  6,317,731.25     1,811,276.64      61,300.00    Corporate Stock - Common     INTL BUSINESS MACH CORP CAP
      1,161.60         2,038.20       1,200.00    Corporate Stock - Common     INTL DISPENSING CORP COM
      1,425.00         1,254.95         200.00    Corporate Stock - Common     INTL FIBERCOM INC COM
    132,525.00       126,794.44       3,600.00    Corporate Stock - Common     INTL FLAVORS & FRAGRANCES INC COM
         14.70        11,271.83         735.00    Corporate Stock - Common     INTL HERITAGE INC COM
     86,056.25        96,147.80       4,900.00    Corporate Stock - Common     INTL HOME FOODS INC COM
     64,112.50       107,579.28       4,600.00    Corporate Stock - Common     INTL MULTIFOODS CORP COM
</TABLE>



                                 Page 68 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    101,483.50        92,240.77       1,944.59    Corporate Stock - Common     INTL PAPER CO COM
    626,250.00       624,104.78      12,000.00    Corporate Stock - Common     INTL PAPER CO COM
    422,718.75       234,091.13       8,100.00    Corporate Stock - Common     INTL PAPER CO COM
    271,375.00       266,008.60       5,200.00    Corporate Stock - Common     INTL PAPER CO COM
    731,303.44       517,055.21      14,013.00    Corporate Stock - Common     INTL PAPER CO COM
      1,200.00        12,414.00       6,000.00    Corporate Stock - Common     INTL PURSUIT CORP COM
    214,650.00       223,173.22      10,600.00    Corporate Stock - Common     INTL RECTIFIER CORP COM
    171,600.00       145,332.98       2,600.00    Corporate Stock - Common     INTL SPEEDWAY CORP CL A
    805,650.00       865,399.44      49,200.00    Corporate Stock - Common     INTRAWEST CORP COM NEW
      1,830.00         2,784.00      15,000.00    Corporate Stock - Common     INTREPID MINERALS CORP COM
     32,750.00        21,805.16         655.00    Corporate Stock - Common     INTUIT COM
     54,900.00        42,260.89       1,200.00    Corporate Stock - Common     INVESTORS FINL SVCS CORP DEL COM
      3,240.00         9,981.44         810.00    Corporate Stock - Common     INVISION TECHNOLOGIES INC COM
     64,747.38        93,087.32      16,709.00    Corporate Stock - Common     IOMEGA CORP COM
      3,637.50         5,934.90         200.00    Corporate Stock - Common     IPC HLDGS LTD COM
        110.63         1,567.40         885.00    Corporate Stock - Common     IR OPER CORP COM STK
        850.00         1,029.95         200.00    Corporate Stock - Common     IRI INTL CORP COM
      6,300.00        38,064.43       3,500.00    Corporate Stock - Common     IRIDIUM WORLD COMMUNICATIONS LTD COM
     54,250.00        44,540.07      28,000.00    Corporate Stock - Common     IRVINE SENSORS CORP COM
      7,812.50         6,337.55         500.00    Corporate Stock - Common     ISIS PHARMACEUTICALS COM
     45,925.00        67,436.60       4,400.00    Corporate Stock - Common     IT GROUP INC COM STK
    363,821.25       300,608.02      13,260.00    Corporate Stock - Common     ITC DELTACOM INC COM
    705,143.75       576,435.27      25,700.00    Corporate Stock - Common     ITC DELTACOM INC COM
     26,931.63       209,420.06      61,558.00    Corporate Stock - Common     ITEX CORP COM PAR $0.01
    348,750.00       387,026.68      10,000.00    Corporate Stock - Common     ITT INDS INC COM
    104,625.00        53,869.95       3,000.00    Corporate Stock - Common     ITT INDS INC COM
    849,062.50       733,607.27      41,800.00    Corporate Stock - Common     IVAX CORP COM
    759,687.50       512,602.53      37,400.00    Corporate Stock - Common     IVAX CORP COM
      5,662.50        13,229.95         200.00    Corporate Stock - Common     IVILLAGE INC COM COM ISIN # US6588H1059
    436,836.25       505,347.42      20,740.00    Corporate Stock - Common     JACK IN BOX INC COM
    440,206.25       486,330.10      20,900.00    Corporate Stock - Common     JACK IN BOX INC COM
    267,493.75       235,218.71      12,700.00    Corporate Stock - Common     JACK IN BOX INC COM
    185,481.25       248,043.87       5,900.00    Corporate Stock - Common     JACOBS ENGR GROUP INC COM
    178,237.50       132,429.42       7,350.00    Corporate Stock - Common     JAKKS PAC INC COM
     11,221.88        17,179.46       1,350.00    Corporate Stock - Common     JB OXFORD HLDGS INC COM
    777,750.00       800,019.12       3,400.00    Corporate Stock - Common     JDS UNIPHASE CORP COM ISIN US46612J1016
    344,497.50       199,002.86       1,506.00    Corporate Stock - Common     JDS UNIPHASE CORP COM ISIN US46612J1016
    243,467.63        86,783.59       3,587.00    Corporate Stock - Common     JEFFERSON-PILOT CORP COM
      2,746.41         3,481.09         200.65    Corporate Stock - Common     JLG INDS INC COM
  2,521,125.00     1,919,090.87      24,300.00    Corporate Stock - Common     JOHNSON & JOHNSON COM
    182,128.04       135,246.83       1,755.45    Corporate Stock - Common     JOHNSON & JOHNSON COM
      1,452.50           986.63          14.00    Corporate Stock - Common     JOHNSON & JOHNSON COM
</TABLE>



                                 Page 69 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
  4,720,625.00     1,601,210.88      45,500.00    Corporate Stock - Common     JOHNSON & JOHNSON COM
    158,050.00        77,858.81       2,900.00    Corporate Stock - Common     JOHNSON CTL INC COM
     10,675.00        12,054.95         400.00    Corporate Stock - Common     JONES APPAREL GROUP INC COM
    832,650.00       914,615.48      31,200.00    Corporate Stock - Common     JONES APPAREL GROUP INC COM
    868,395.00       570,001.25      25,080.00    Corporate Stock - Common     JONES PHARMA INC COM
     20,212.50        26,123.39       1,100.00    Corporate Stock - Common     JOSTENS INC COM
        312.50        10,398.70       2,500.00    Corporate Stock - Common     JRECK SUBS GROUP INC COM
      3,656.25        53,902.50       3,000.00    Corporate Stock - Common     JUST FOR FEET INC COM
      8,125.00        11,526.95       5,000.00    Corporate Stock - Common     JUST TOYS INC COM NEW
    165,966.19       288,526.66      16,701.00    Corporate Stock - Common     K MART CORP COM
     35,695.50        43,978.02       3,592.00    Corporate Stock - Common     K MART CORP COM
  1,391,250.00     1,951,721.53     140,000.00    Corporate Stock - Common     K MART CORP COM
        530.00           889.02          80.00    Corporate Stock - Common     K TEL INTL INC COM
     29,500.00        39,870.00       4,000.00    Corporate Stock - Common     K2 INC COM
        830.00         1,355.23      10,000.00    Corporate Stock - Common     KAIRE HLDGS INC COM
     40,375.00        62,730.34       3,400.00    Corporate Stock - Common     KAMAN CORP CL A
      4,612.50         4,717.45         200.00    Corporate Stock - Common     KAN CY PWR & LT CO COM STK
     73,500.00        25,779.95         500.00    Corporate Stock - Common     KANA COMMUNICATIONS INC COM
     34,802.63        26,537.71       1,573.00    Corporate Stock - Common     KAUFMAN & BROAD HOME CORP COM
     22,125.00        23,592.45       1,000.00    Corporate Stock - Common     KAUFMAN & BROAD HOME CORP COM
    360,637.50       427,554.09      16,300.00    Corporate Stock - Common     KAUFMAN & BROAD HOME CORP COM
      5,475.00         6,879.95         200.00    Corporate Stock - Common     KAYDON CORP COM
         80.00         3,503.61         500.00    Corporate Stock - Common     KAZAKHSTAN MINERALS CORP COM
          -            4,466.80       4,500.00    Corporate Stock - Common     KAZAKSTAN GOLDFIELDS CORP COM STK
        988.91         5,853.42       1,318.55    Corporate Stock - Common     KCS ENERGY INC
    464,087.50       390,831.60      13,700.00    Corporate Stock - Common     KELLOGG CO COM
     89,225.00        98,179.75       4,300.00    Corporate Stock - Common     KELLWOOD CO COM
    297,250.00       184,920.66       8,200.00    Corporate Stock - Common     KEMET CORP COM
     24,000.00        47,090.78       3,000.00    Corporate Stock - Common     KENDLE INTL INC COM
        458.75           188.68          20.00    Corporate Stock - Common     KENT ELECTRS CORP COM
     89,456.25        83,405.40       3,900.00    Corporate Stock - Common     KENT ELECTRS CORP COM
      3,664.38         5,982.85         410.00    Corporate Stock - Common     KERAVISION INC COM
     21,125.25        15,980.98         369.00    Corporate Stock - Common     KERR MCGEE CORP COM
    170,376.00       150,305.40       2,976.00    Corporate Stock - Common     KERR MCGEE CORP COM
    410,400.00       287,399.41      15,200.00    Corporate Stock - Common     KEYCORP NEW COM
      5,400.00         5,267.45         200.00    Corporate Stock - Common     KEYCORP NEW COM
      5,137.50         5,811.51         200.00    Corporate Stock - Common     KEYSPAN CORP COM
     15,200.00        20,968.52         800.00    Corporate Stock - Common     KILROY RLTY CORP COM
  1,616,037.50     1,475,148.75      25,300.00    Corporate Stock - Common     KIMBERLY-CLARK CORP COM
  1,153,327.00       486,850.08      18,056.00    Corporate Stock - Common     KIMBERLY-CLARK CORP COM
    456,637.50       198,128.73       9,900.00    Corporate Stock - Common     KING PHARMACEUTICALS INC COM
     16,912.50        14,378.43         200.00    Corporate Stock - Common     KLA-TENCOR CORP
</TABLE>



                                 Page 70 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    253,687.50       219,364.57       3,000.00    Corporate Stock - Common     KLA-TENCOR CORP
        210.00        11,184.71       3,500.00    Corporate Stock - Common     KNICKERBOCKER L L INC COM NEW
    911,193.75       893,001.36      16,700.00    Corporate Stock - Common     KNIGHT-RIDDER INC COM STK
    147,318.75        82,235.76       2,700.00    Corporate Stock - Common     KNIGHT-RIDDER INC COM STK
      6,656.25         8,654.95         500.00    Corporate Stock - Common     KNIGHTSBRIDGE TANK LTD COM
    397,031.25       319,510.29       5,500.00    Corporate Stock - Common     KOHLS CORP COM
      6,496.88         5,941.83          90.00    Corporate Stock - Common     KOHLS CORP COM
  1,674,750.00       777,293.67      23,200.00    Corporate Stock - Common     KOHLS CORP COM
     49,400.00        84,457.22      20,800.00    Corporate Stock - Common     KOMAG INC COM
    598,881.25       407,124.38      28,100.00    Corporate Stock - Common     KROGER CO COM
      6,393.75         7,364.46         300.00    Corporate Stock - Common     KROGER CO COM
    782,168.75       890,994.09      36,700.00    Corporate Stock - Common     KROGER CO COM
  1,278,750.00     1,622,672.36      60,000.00    Corporate Stock - Common     KROGER CO COM
    220,381.25       209,340.74       3,700.00    Corporate Stock - Common     KS CY SOUTHN INDS INC COM
    663,787.50       630,512.01      18,600.00    Corporate Stock - Common     KULICKE & SOFFA INDS INC COM
    120,390.63       149,247.22      28,750.00    Corporate Stock - Common     KUSHNER-LOCKE CO COM NEW
    237,600.00       245,463.05      13,200.00    Corporate Stock - Common     LA Z BOY INC COM
      6,343.75         6,575.81         500.00    Corporate Stock - Common     LABOR READY INC COM NEW
        671.80           729.95         100.00    Corporate Stock - Common     LADISH INC COM NEW
     68,600.00       112,811.80      11,200.00    Corporate Stock - Common     LAIDLAW INC NEW COM STK
    755,291.25       368,169.01       9,730.00    Corporate Stock - Common     LAM RESH CORP COM
    811,282.50       409,400.18      14,140.00    Corporate Stock - Common     LAMAR ADVERTISING CO CL A COM
      7,775.00        13,437.70         400.00    Corporate Stock - Common     LANDAMERICA FINL GROUP INC COM
        837.50         1,054.95         100.00    Corporate Stock - Common     LANDMARK SYS CORP COM
    501,112.50       496,897.40       8,300.00    Corporate Stock - Common     LANDS END INC COM
     18,112.50        17,382.43         300.00    Corporate Stock - Common     LANDS END INC COM
     64,100.00        56,232.00       1,600.00    Corporate Stock - Common     LANDSTAR SYS INC COM
      1,200.00         1,304.95         100.00    Corporate Stock - Common     LASALLE RE HOLDING LTD COM STK ISIN
                                                                                 #BMG5383Q1015
      5,191.00         9,755.29         358.00    Corporate Stock - Common     LASER VISION CTR INC COM DBTFL
      5,880.00         4,091.15         240.00    Corporate Stock - Common     LATITUDE COMMUNICATIONS INC COM
    370,530.00       191,532.06       8,280.00    Corporate Stock - Common     LATTICE SEMICONDUCTOR CORP COM
     25,681.94        40,029.87       6,133.00    Corporate Stock - Common     LCA-VISION INC COM NEW
     51,738.50        19,281.31       1,012.00    Corporate Stock - Common     LEAP WIRELESS INTL INC COM
    826,562.50       982,762.73      25,000.00    Corporate Stock - Common     LEAR CORP COM STK PAR $0.01
    234,743.75       338,916.30       7,100.00    Corporate Stock - Common     LEAR CORP COM STK PAR $0.01
     12,300.00        17,952.67       4,100.00    Corporate Stock - Common     LEARN2 COM INC COM STK
     59,850.00        45,723.12       2,400.00    Corporate Stock - Common     LEARNING TREE INTL INC COM
    414,640.34       325,387.46       6,140.00    Corporate Stock - Common     LEGATO SYS INC COM
    299,269.69       271,406.82       8,505.00    Corporate Stock - Common     LEGG MASON INC COM
    141,487.50       146,347.74       6,600.00    Corporate Stock - Common     LEGGETT & PLATT INC COM
      8,575.00         9,879.95         400.00    Corporate Stock - Common     LEGGETT & PLATT INC COM
</TABLE>



                                 Page 71 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    313,137.50       251,643.23       4,100.00    Corporate Stock - Common     LEHMAN BROS HLDGS INC COM
         10.39             6.20           0.14    Corporate Stock - Common     LEHMAN BROS HLDGS INC COM
    779,025.00       552,081.12      10,200.00    Corporate Stock - Common     LEHMAN BROS HLDGS INC COM
     16,312.50        18,279.95       1,000.00    Corporate Stock - Common     LENNAR CORP COM
    141,781.25       144,443.00       6,500.00    Corporate Stock - Common     LEUCADIA NATL CORP COM
    165,462.50       131,264.12       2,440.00    Corporate Stock - Common     LEVEL 3 COMMUNICATIONS INC COM STK
         20.00         1,540.50         500.00    Corporate Stock - Common     LEVITZ FURNITURE INC COM
     11,400.00        23,217.67      40,000.00    Corporate Stock - Common     LEXICO RES INTL INC COM
     13,114.00         6,949.93         158.00    Corporate Stock - Common     LEXMARK INTL GROUP INC CL A
    365,200.00       294,536.00       4,400.00    Corporate Stock - Common     LEXMARK INTL GROUP INC CL A
      2,000.00         2,212.25         100.00    Corporate Stock - Common     LG&E ENERGY CORP COM
      2,512.50         4,469.06         100.00    Corporate Stock - Common     LHS GROUP INC COM
     70,500.00       110,666.40       3,000.00    Corporate Stock - Common     LIBERTY FINL COS INC COM
     11,562.50         9,337.30       5,000.00    Corporate Stock - Common     LIFE PT INC COM STK
         58.75             -              5.00    Corporate Stock - Common     LIFEPOINT HOSPS INC COM ISIN
                                                                                 US53219L1098
     50,250.25        20,770.46       5,662.00    Corporate Stock - Common     LIGHTPATH TECHNOLOGIES INC CL A
      4,256.25         3,592.45         150.00    Corporate Stock - Common     LINCARE HLDGS INC COM
    681,000.00       666,422.42      24,000.00    Corporate Stock - Common     LINCARE HLDGS INC COM
    279,306.25       136,801.34       6,700.00    Corporate Stock - Common     LINCOLN NATL CORP COM
     56,969.67        28,426.89         801.68    Corporate Stock - Common     LINEAR TECH CORP COM
    673,312.50       592,082.37      19,950.00    Corporate Stock - Common     LINENS N THINGS INC COM
      3,681.50         2,403.05         296.00    Corporate Stock - Common     LIPOSOME INC COM
      3,300.00         4,350.00      15,000.00    Corporate Stock - Common     LITHIUM TECH CORP COM
     78,618.75        68,784.19       2,100.00    Corporate Stock - Common     LIZ CLAIBORNE INC COM
     81,075.00       120,221.00       4,600.00    Corporate Stock - Common     LNR PPTY CORP COM
    265,927.50       337,993.03      13,380.00    Corporate Stock - Common     LOCKHEED MARTIN CORP COM
     23,930.12        32,643.22       1,204.03    Corporate Stock - Common     LOCKHEED MARTIN CORP COM
    840,712.50     1,740,214.73      42,300.00    Corporate Stock - Common     LOCKHEED MARTIN CORP COM
         81.20         6,598.02         200.00    Corporate Stock - Common     LOEWEN GROUP INC COM
    230,400.00       245,250.32       3,600.00    Corporate Stock - Common     LOEWS CORP COM
    864,000.00     1,079,189.84      13,500.00    Corporate Stock - Common     LOEWS CORP COM
    902,400.00     1,250,629.86      14,100.00    Corporate Stock - Common     LOEWS CORP COM
     86,779.00       122,777.45      11,500.00    Corporate Stock - Common     LONE STAR STEAKHOUSE SALOON COM
     32,662.50        22,343.66       1,300.00    Corporate Stock - Common     LONGS DRUG STORES CORP COM
    401,800.00       426,453.72      22,400.00    Corporate Stock - Common     LORAL SPACE & COMMUNICATIONS LTD
    118,800.00       123,815.87       6,600.00    Corporate Stock - Common     LOUIS DREYFUS NAT GAS CORP COM
     44,100.00        75,617.95       3,600.00    Corporate Stock - Common     LOUISIANA-PACIFIC CORP COM
    372,400.00       559,733.65      30,400.00    Corporate Stock - Common     LOUISIANA-PACIFIC CORP COM
     54,497.56        57,166.94       1,094.05    Corporate Stock - Common     LOWES COS INC COM
  2,829,350.00     2,891,105.37      56,800.00    Corporate Stock - Common     LOWES COS INC COM
    642,581.25       208,615.81      12,900.00    Corporate Stock - Common     LOWES COS INC COM
</TABLE>



                                 Page 72 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
    121,237.63        49,303.74       2,006.00    Corporate Stock - Common     LSI LOGIC CORP COM
    302,187.50       178,375.92       5,000.00    Corporate Stock - Common     LSI LOGIC CORP COM
    307,884.06       144,129.43       7,255.00    Corporate Stock - Common     LTD INC COM
    101,850.00       100,373.57       2,400.00    Corporate Stock - Common     LTD INC COM
      4,200.00        15,511.62       1,200.00    Corporate Stock - Common     LTV CORP NEW COM
    277,200.00       232,600.06      15,400.00    Corporate Stock - Common     LTX CORP COM
    191,625.00       202,405.00       7,000.00    Corporate Stock - Common     LUBRIZOL CORP COM
  7,580,307.44     1,757,603.04     103,751.00    Corporate Stock - Common     LUCENT TECHNOLOGIES INC COM STK
  1,577,061.95     1,142,510.86      21,585.11    Corporate Stock - Common     LUCENT TECHNOLOGIES INC COM STK
  1,256,675.00     1,137,938.09      17,200.00    Corporate Stock - Common     LUCENT TECHNOLOGIES INC COM STK
  5,910,756.25     3,309,098.26      80,900.00    Corporate Stock - Common     LUCENT TECHNOLOGIES INC COM STK
    512,168.13       333,836.78       7,010.00    Corporate Stock - Common     LUCENT TECHNOLOGIES INC COM STK
      2,800.00         2,244.54          50.00    Corporate Stock - Common     LYCOS INC COM
      8,962.50         7,403.28         600.00    Corporate Stock - Common     M D C HLDGS INC COM
     41,825.00        58,884.00       2,800.00    Corporate Stock - Common     M D C HLDGS INC COM
     34,125.00        34,966.00       1,300.00    Corporate Stock - Common     M S CARRIERS INC COM
    425,919.38       387,962.63      11,190.00    Corporate Stock - Common     MACDERMID INC COM
         56.00         1,075.60         800.00    Corporate Stock - Common     MACHEEZMO MOUSE RESTAURANTS INC COM
      3,193.75         1,723.70          50.00    Corporate Stock - Common     MACROVISION CORP COM
     48,687.50        49,388.60       3,800.00    Corporate Stock - Common     MADDEN STEVEN LTD COM
     31,062.50        34,678.00       1,400.00    Corporate Stock - Common     MAF BANCORP INC COM
     99,750.00        28,573.97       2,100.00    Corporate Stock - Common     MAGIC SOFTWARE ENTERPRISES LTD ORD
      1,976.56         2,024.45         575.00    Corporate Stock - Common     MAIN ST & MAIN INC COM NEW
     79,800.00        71,991.28       2,400.00    Corporate Stock - Common     MALLINCKRODT INC NEW COM
    172,900.00       183,335.88       5,200.00    Corporate Stock - Common     MALLINCKRODT INC NEW COM
      9,325.00         9,483.97         400.00    Corporate Stock - Common     MANDALAY RESORT GROUP COM
    459,256.25       387,942.25      19,700.00    Corporate Stock - Common     MANDALAY RESORT GROUP COM
    176,900.00       232,081.20       5,800.00    Corporate Stock - Common     MANITOWOC INC COM
      1,187.50         1,392.45         200.00    Corporate Stock - Common     MANNATECH INC COM
     73,228.13        98,128.24       3,650.00    Corporate Stock - Common     MANOR CARE INC NEW COM STK
      5,062.50         3,189.13         300.00    Corporate Stock - Common     MARINE DRILLING COS INC COM PAR $0.01
    189,375.00       207,252.00      10,100.00    Corporate Stock - Common     MARK IV INDS INC COM
      5,418.75         5,058.72         300.00    Corporate Stock - Common     MARKETING SVCS GROUP INC COM
    273,525.00       314,946.95       8,400.00    Corporate Stock - Common     MARRIOTT INTL INC NEW COM STK CL A
     32,562.50        31,529.95       1,000.00    Corporate Stock - Common     MARRIOTT INTL INC NEW COM STK CL A
     18,151.29         7,996.53         230.86    Corporate Stock - Common     MARSH & MC LENNAN CO'S INC
    361,675.00       306,244.54       4,600.00    Corporate Stock - Common     MARSH & MC LENNAN CO'S INC
    703,693.75       295,297.66       8,950.00    Corporate Stock - Common     MARSH & MC LENNAN CO'S INC
  1,077,693.75     1,109,155.67      16,100.00    Corporate Stock - Common     MARSHALL & ILSLEY CORP COM
    348,266.25       366,488.55       9,180.00    Corporate Stock - Common     MARTIN MARIETTA MATLS INC COM
         21.00             -             28.00    Corporate Stock - Common     MARVEL ENTERPRISES INC WT CL A EXP
                                                                                 WT CLA EXP 10-02-2002
</TABLE>



                                 Page 73 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
         18.00             -             18.00    Corporate Stock - Common     MARVEL ENTERPRISES INC WT CL B EXP
                                                                                 10-02-2001
         12.00             -             48.00    Corporate Stock - Common     MARVEL ENTERPRISES INC WT CL C EXP
                                                                                 10-02-2002
    378,750.00       299,968.83      15,000.00    Corporate Stock - Common     MASCO CORP COM
      4,999.50         5,970.83         198.00    Corporate Stock - Common     MASCO CORP COM
    462,075.00       537,493.15      18,300.00    Corporate Stock - Common     MASCO CORP COM
     57,538.94        37,170.70       1,397.00    Corporate Stock - Common     MASTEC INC COM
      3,500.00         4,959.75       1,000.00    Corporate Stock - Common     MATHSOFT INC COM
     31,718.75        40,459.35       2,900.00    Corporate Stock - Common     MATL SCIENCES CORP COM
    203,065.75       298,981.45      14,188.00    Corporate Stock - Common     MATTEL INC COM
    736,521.25     1,120,585.82      51,460.00    Corporate Stock - Common     MATTEL INC COM
     58,690.67        58,411.55       4,100.66    Corporate Stock - Common     MATTEL INC COM
    500,937.50       501,362.50      35,000.00    Corporate Stock - Common     MATTEL INC COM
      2,006.44         1,628.95         123.00    Corporate Stock - Common     MATTSON TECH INC COM
      8,385.00         3,770.71         390.00    Corporate Stock - Common     MAVERICK TUBE CORP COM
    381,173.00       251,207.68      11,336.00    Corporate Stock - Common     MAY DEPT STORES CO COM
    143,062.50        64,487.15       3,000.00    Corporate Stock - Common     MAYTAG CORP COM
    104,912.50       117,124.11       2,200.00    Corporate Stock - Common     MAYTAG CORP COM
    170,000.00       185,163.76       3,400.00    Corporate Stock - Common     MBIA INC COM
  2,020,000.00     1,942,251.34      80,000.00    Corporate Stock - Common     MBNA CORP COM
    684,906.25       214,479.24      27,125.00    Corporate Stock - Common     MBNA CORP COM
    162,042.00       129,089.34       6,417.51    Corporate Stock - Common     MBNA CORP COM
  6,494,754.50     2,277,299.10     257,218.00    Corporate Stock - Common     MBNA CORP COM
     17,125.00        47,557.44       2,000.00    Corporate Stock - Common     MC DERMOTT INTL INC COM $1 PAR
     58,040.42        44,655.92       1,289.79    Corporate Stock - Common     MC DONALDS CORP COM
  1,215,000.00       935,054.18      27,000.00    Corporate Stock - Common     MC DONALDS CORP COM
  2,065,500.00       721,405.22      45,900.00    Corporate Stock - Common     MC DONALDS CORP COM
    129,375.00       124,431.66       3,600.00    Corporate Stock - Common     MCCLATCHY CO CL A
    379,806.25       135,543.55       6,700.00    Corporate Stock - Common     MCGRAW HILL COMPANIES INC COM
    221,992.38       667,417.52       9,497.00    Corporate Stock - Common     MCKESSON HBOC INC COM
     66,136.10        83,615.01       2,829.35    Corporate Stock - Common     MCKESSON HBOC INC COM
    780,880.00       537,292.45      18,160.00    Corporate Stock - Common     MCLEODUSA INC
    124,906.25        82,931.95       3,500.00    Corporate Stock - Common     MEAD CORP COM
    671,995.63       793,614.01      18,830.00    Corporate Stock - Common     MEAD CORP COM
      7,426.75         5,092.45         487.00    Corporate Stock - Common     MECH TECH INC COM
      1,875.00        16,100.74       1,000.00    Corporate Stock - Common     MED ALLIANCE INC COM
        374.63        30,722.54         666.00    Corporate Stock - Common     MED RES INC COM NEW
      2,875.00         5,592.30       1,000.00    Corporate Stock - Common     MEDCARE TECHNOLOGIES INC COM
      9,687.50        17,731.25       2,500.00    Corporate Stock - Common     MEDIA ARTS GROUP INC COM
  1,624,625.00       215,396.52      20,500.00    Corporate Stock - Common     MEDIAONE GROUP INC COM
  1,188,750.00       630,191.03      15,000.00    Corporate Stock - Common     MEDIAONE GROUP INC COM
</TABLE>



                                 Page 74 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
  4,533,100.00     4,239,807.30      57,200.00    Corporate Stock - Common     MEDIAONE GROUP INC COM
        473.00         2,116.87       4,300.00    Corporate Stock - Common     MEDICAL DISCOVERIES INC
     22,100.00        19,208.13       2,600.00    Corporate Stock - Common     MEDICONSULT COM INC COM
     12,018.75         4,045.50         100.00    Corporate Stock - Common     MEDIMMUNE INC COM
    524,017.50       356,430.00       4,360.00    Corporate Stock - Common     MEDIMMUNE INC COM
    182,400.00       275,027.27       6,400.00    Corporate Stock - Common     MEDQUIST INC COM
  1,547,225.00       586,059.60      39,800.00    Corporate Stock - Common     MEDTRONIC INC COM
    122,844.14        94,440.39       3,159.98    Corporate Stock - Common     MEDTRONIC INC COM
    260,462.50       237,713.79       6,700.00    Corporate Stock - Common     MEDTRONIC INC COM
      2,550.00         2,929.95         800.00    Corporate Stock - Common     MEGAL SEC SYS LTD COM
    634,012.50       223,162.91      17,400.00    Corporate Stock - Common     MELLON FINL CORP COM
  1,333,612.50     1,232,516.26      36,600.00    Corporate Stock - Common     MELLON FINL CORP COM
    348,655.00       342,928.35      13,540.00    Corporate Stock - Common     MEN S WEARHOUSE INC COMMOM
  6,232,900.00     2,267,641.27      79,400.00    Corporate Stock - Common     MERCK & CO INC COM
  1,915,400.00     1,474,314.57      24,400.00    Corporate Stock - Common     MERCK & CO INC COM
  1,601,400.00     1,430,447.54      20,400.00    Corporate Stock - Common     MERCK & CO INC COM
    239,110.69       247,237.12       3,046.00    Corporate Stock - Common     MERCK & CO INC COM
    165,481.25       140,447.58       2,900.00    Corporate Stock - Common     MERCURY COMPUTER SYS INC COM
      9,975.00         9,847.40         120.00    Corporate Stock - Common     MERCURY INTERACTIVE CORP
    826,262.50       367,587.38       9,940.00    Corporate Stock - Common     MERCURY INTERACTIVE CORP
    598,500.00       267,131.52       7,200.00    Corporate Stock - Common     MERCURY INTERACTIVE CORP
     68,062.50        21,451.83       1,800.00    Corporate Stock - Common     MEREDITH CORP COM
     10,693.75        16,557.51       2,900.00    Corporate Stock - Common     MERIDIAN RES CORP COM
          6.00         1,184.40       1,500.00    Corporate Stock - Common     MERIS LABS INC COM
      3,250.00         4,240.29       2,000.00    Corporate Stock - Common     MERISEL INC COM
  1,007,812.50       376,374.55      12,500.00    Corporate Stock - Common     MERRILL LYNCH & CO INC COM
     24,187.50        23,808.01         300.00    Corporate Stock - Common     MERRILL LYNCH & CO INC COM
      1,025.00         1,129.95         200.00    Corporate Stock - Common     MESA AIR GROUP INC COM
        512.50           770.25         100.00    Corporate Stock - Common     MESA AIR GROUP INC COM
    160,560.75       157,692.79      13,107.00    Corporate Stock - Common     MESABA HLDGS INC COM
      2,343.00         1,716.15       1,000.00    Corporate Stock - Common     METAL MGMT INC COM
    263,750.00       231,634.92      10,000.00    Corporate Stock - Common     METAMOR WORLDWIDE INC COM
     85,616.25        50,159.08       1,445.00    Corporate Stock - Common     METRICOM INC COM
    596,647.50       471,391.59      10,070.00    Corporate Stock - Common     METRICOM INC COM
          7.59             8.66           0.24    Corporate Stock - Common     METRIS COS INC COM
    598,028.75       549,417.18      18,910.00    Corporate Stock - Common     METRIS COS INC COM
     41,268.75        31,290.26       1,065.00    Corporate Stock - Common     METROMEDIA FIBER NETWORK INC CL A
      2,250.00         2,795.44         500.00    Corporate Stock - Common     METROMEDIA INTL GROUP INC COM
    828,606.25       514,862.75      23,300.00    Corporate Stock - Common     METTLER-TOLEDO INTL INC COM
    302,281.25       165,112.50       8,500.00    Corporate Stock - Common     METTLER-TOLEDO INTL INC COM
        110.50             -             17.00    Corporate Stock - Common     MFN FINL CORP COM
         10.62             -             20.00    Corporate Stock - Common     MFN FINL CORP WT SER A EXP 03-23-02
</TABLE>



                                 Page 75 of 126


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>               <C>              <C>           <C>                          <C>
          3.75             -             20.00    Corporate Stock - Common     MFN FINL CORP WT SER B EXP
          3.12             -             20.00    Corporate Stock - Common     MFN FINL CORP WT SER C EXP
     25,500.00        23,060.00       2,000.00    Corporate Stock - Common     MGI PHARMA INC COM
    141,250.00       114,735.50       2,500.00    Corporate Stock - Common     MGIC INVT CORP WIS COM
    209,050.00       124,284.08       3,700.00    Corporate Stock - Common     MGIC INVT CORP WIS COM
    192,562.50       208,767.00       3,900.00    Corporate Stock - Common     MGM GRAND INC COM
         10.18             7.98           0.41    Corporate Stock - Common     MICHAEL FOODS INC NEW COM
    665,150.00       684,893.67      21,200.00    Corporate Stock - Common     MICHAELS STORES INC COM
    560,465.00       438,810.07      11,380.00    Corporate Stock - Common     MICREL INC COM
     35,937.50        44,311.10       5,000.00    Corporate Stock - Common     MICRO LINEAR CORP COM
        487.50           646.29         100.00    Corporate Stock - Common     MICROGRAFX INC COM
    663,375.00       295,327.77       5,800.00    Corporate Stock - Common     MICROMUSE INC COM
    388,875.00       374,913.66       3,400.00    Corporate Stock - Common     MICROMUSE INC COM
        605.00           634.95          55.00    Corporate Stock - Common     MICRON ELECTRONICS INC COM
    456,450.00       466,614.69       6,800.00    Corporate Stock - Common     MICRON TECH INC COM
     61,849.38        65,118.17         921.41    Corporate Stock - Common     MICRON TECH INC COM
    570,562.50       287,749.26       8,500.00    Corporate Stock - Common     MICRON TECH INC COM
    166,856.25       163,416.00       3,300.00    Corporate Stock - Common     MICROS SYS INC COM
 15,741,853.40     2,973,743.88     172,900.00    Corporate Stock - Common     MICROSOFT CORP COM
  8,121,303.20     2,834,871.16      89,200.00    Corporate Stock - Common     MICROSOFT CORP COM
  3,753,371.35     2,871,734.78      41,225.00    Corporate Stock - Common     MICROSOFT CORP COM
  1,511,363.60     1,240,850.00      16,600.00    Corporate Stock - Common     MICROSOFT CORP COM
  3,359,597.40     2,884,492.53      36,900.00    Corporate Stock - Common     MICROSOFT CORP COM
      2,800.00         2,705.37         400.00    Corporate Stock - Common     MICROTEST INC COM
        650.00        36,155.08      65,000.00    Corporate Stock - Common     MIDLAND INC WT EXP 08-14-01
     18,375.00        18,200.07       2,450.00    Corporate Stock - Common     MIDWAY AIRLS CORP COM
    218,412.50       198,215.36      10,100.00    Corporate Stock - Common     MIDWAY GAMES INC COM
     18,931.25        27,141.33       1,300.00    Corporate Stock - Common     MILACRON INC COM STK
    254,312.50       252,973.71      13,000.00    Corporate Stock - Common     MILLENNIUM CHEMICALS INC COM
      2,500.00         4,997.40       2,000.00    Corporate Stock - Common     MILLER EXPL CO COM
      7,626.50         8,744.54         333.40    Corporate Stock - Common     MILLER HERMAN INC COM
     49,218.75        36,530.02       1,500.00    Corporate Stock - Common     MILLIPORE CORP COM
     22,012.50        23,389.85         300.00    Corporate Stock - Common     MINIMED INC COM
    539,306.25       425,831.71       7,350.00    Corporate Stock - Common     MINIMED INC COM
  1,299,650.00       760,718.40      13,600.00    Corporate Stock - Common     MINN MNG & MFG CO COM
     91,134.71        77,471.31         953.67    Corporate Stock - Common     MINN MNG & MFG CO COM
    697,606.25       706,215.12       7,300.00    Corporate Stock - Common     MINN MNG & MFG CO COM
     85,843.75       176,632.57       6,700.00    Corporate Stock - Common     MIRAGE RESORTS INC COM
     17,937.50        25,132.47       1,400.00    Corporate Stock - Common     MIRAGE RESORTS INC COM
      1,987.20         3,211.51         400.00    Corporate Stock - Common     MISONIX INC COM
     15,887.50        45,897.16       4,100.00    Corporate Stock - Common     MITCHAM INDS INC COM
      1,738.50         2,156.70         101.52    Corporate Stock - Common     MN PWR INC COM
</TABLE>



                                 Page 76 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    191,800.00       237,956.32      11,200.00    Corporate Stock - Common     MN PWR INC COM
     11,428.13        28,039.88       3,975.00    Corporate Stock - Common     MODERN COMPUTER SYS INC COM
    211,968.75       198,753.60       8,500.00    Corporate Stock - Common     MOHAWK INDS INC COM
    286,781.25       339,098.20      11,500.00    Corporate Stock - Common     MOHAWK INDS INC COM
      2,493.75         3,011.20         100.00    Corporate Stock - Common     MOHAWK INDS INC COM
        211.25             -             26.00    Corporate Stock - Common     MOMENTUM BUSINESS APPLICATIONS INC CL A
    200,600.00       186,236.60       6,800.00    Corporate Stock - Common     MONY GROUP INC COM
     15,750.00        23,187.00         600.00    Corporate Stock - Common     MOOG INC CL A
    775,850.00       400,496.56       5,900.00    Corporate Stock - Common     MORGAN J P & CO INC COM
     25,845.93        26,181.62         196.55    Corporate Stock - Common     MORGAN J P & CO INC COM
  2,330,716.25       511,452.84      19,322.00    Corporate Stock - Common     MORGAN STANLEY DEAN WITTER & CO COM NEW ISIN 
                                                                                 #6174464486
     17,569.15        12,875.37         145.65    Corporate Stock - Common     MORGAN STANLEY DEAN WITTER & CO COM NEW ISIN 
                                                                                 #6174464486
  1,749,062.50     1,318,206.28      14,500.00    Corporate Stock - Common     MORGAN STANLEY DEAN WITTER & CO COM NEW ISIN 
                                                                                 #6174464486
  5,818,346.88     4,373,032.06      48,235.00    Corporate Stock - Common     MORGAN STANLEY DEAN WITTER & CO COM NEW ISIN 
                                                                                 #6174464486
     51,256.25        56,168.00       5,900.00    Corporate Stock - Common     MORRISON KNUDSEN CORP NEW COM
      7,750.00        14,374.45       1,000.00    Corporate Stock - Common     MOSSIMO INC COM
  2,353,550.00       829,198.74      20,600.00    Corporate Stock - Common     MOTOROLA INC COM
  1,713,750.00     1,356,140.29      15,000.00    Corporate Stock - Common     MOTOROLA INC COM
    368,547.19       224,478.84       3,225.80    Corporate Stock - Common     MOTOROLA INC COM
  1,119,650.00       947,391.66       9,800.00    Corporate Stock - Common     MOTOROLA INC COM
  1,622,350.00       700,215.30      14,200.00    Corporate Stock - Common     MOTOROLA INC COM
     33,250.00        36,050.00       1,400.00    Corporate Stock - Common     MOVADO GROUP INC COM
    316,800.00       251,773.28       8,800.00    Corporate Stock - Common     MUELLER INDS INC COM
      1,037.50         1,205.45         100.00    Corporate Stock - Common     MULTIPLE ZONES INTL INC COM
    169,500.00       154,849.50       3,000.00    Corporate Stock - Common     MURPHY OIL CORP COM
    189,706.25       232,739.74      23,900.00    Corporate Stock - Common     MUSICLAND STORES CORP COM
      4,593.75         4,700.59         300.00    Corporate Stock - Common     MUT RISK MGMT LTD COM
    652,681.25       580,702.96      27,700.00    Corporate Stock - Common     MYLAN LAB INC COM
        143.00         2,872.43       2,860.00    Corporate Stock - Common     N AMERN EXPL CORP COM NEW
     81,575.00        50,748.07       1,255.00    Corporate Stock - Common     N E OPTIC NETWORK INC COM
    126,425.00        97,114.49       2,600.00    Corporate Stock - Common     N V R INC COM
    103,012.50       103,717.76       4,100.00    Corporate Stock - Common     N W NAT GAS CO COM
      1,524.80         2,004.91         800.00    Corporate Stock - Common     N-VIRO INTL CORP COM NEW
     14,490.00        15,599.71         720.00    Corporate Stock - Common     N. FORK BANCORPORATION INC COM
     23,437.50        27,835.08       1,000.00    Corporate Stock - Common     N.W. AIRLS CORP CL A COM STK PAR $0.01
  1,073,437.50     1,321,121.39      45,800.00    Corporate Stock - Common     N.W. AIRLS CORP CL A COM STK PAR $0.01
      5,036.82         9,134.91         435.62    Corporate Stock - Common     NABISCO GROUP HLDG CORP COM STK
    127,187.50       193,341.32      11,000.00    Corporate Stock - Common     NABISCO GROUP HLDG CORP COM STK
     98,281.25        80,566.56       3,700.00    Corporate Stock - Common     NABORS IND INC COM
     14,531.25        13,741.33         300.00    Corporate Stock - Common     NACCO IND INC CL A COM
     17,250.00        41,253.22       6,000.00    Corporate Stock - Common     NAPRO BIOTHERAPEUTICS INC COM
      1,323.00         1,942.40       1,500.00    Corporate Stock - Common     NAR RES LTD COM
</TABLE>



                                 Page 77 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>            <C>             <C>                          <C>
    396,472.50       343,019.34       2,680.00    Corporate Stock - Common     NASDAQ 100 TR UNIT SER 1
     32,512.19        42,637.15       9,815.00    Corporate Stock - Common     NAT ALTERNATIVES INTL INC COM NEW
    727,957.50       664,423.13      28,830.00    Corporate Stock - Common     NATL COMM BANCORPORATION COM
    260,950.00       261,192.20       6,800.00    Corporate Stock - Common     NATL COMPUTER SYS INC COM
    180,362.50       131,140.27       4,700.00    Corporate Stock - Common     NATL COMPUTER SYS INC COM
    521,193.75       515,117.40      20,900.00    Corporate Stock - Common     NATL CY CORP COM
     32,750.00        32,279.95       1,000.00    Corporate Stock - Common     NATL DATA CORP COM
      3,212.50         5,834.74         100.00    Corporate Stock - Common     NATL DISC BROKERS GROUP INC COM
        105.00         9,845.70       3,000.00    Corporate Stock - Common     NATL ENERGY GROUP INC COM
    455,568.75       419,333.76       9,100.00    Corporate Stock - Common     NATL FUEL GAS CO COM
    470,281.25       564,851.99      25,250.00    Corporate Stock - Common     NATL R V HLDGS INC COM
    242,250.00       107,843.95       5,700.00    Corporate Stock - Common     NATL SEMICONDUCTOR CORP COM
      6,375.00         4,161.23         150.00    Corporate Stock - Common     NATL SEMICONDUCTOR CORP COM
    892,500.00       380,695.61      21,000.00    Corporate Stock - Common     NATL SEMICONDUCTOR CORP COM
     41,387.50        40,401.83       1,400.00    Corporate Stock - Common     NATL SERVICE IND INC COM
      3,937.50         6,529.95       1,000.00    Corporate Stock - Common     NATL TECHTEAM INC COM
      4,500.00         7,103.82         600.00    Corporate Stock - Common     NAVARRE CORP COM
      1,637.19         1,718.74         155.00    Corporate Stock - Common     NAVIDEC INC COM
     81,812.50        50,387.42       2,200.00    Corporate Stock - Common     NAVISTAR INTL CORP NEW COM
      3,937.50         5,653.38       2,250.00    Corporate Stock - Common     NBG RADIO NETWORK INC COM STK
    177,036.10       134,618.75      18,100.00    Corporate Stock - Common     NBTY INC COM
    460,503.75       378,126.85       9,930.00    Corporate Stock - Common     NCO GROUP INC COM
    324,625.00       248,477.72       7,000.00    Corporate Stock - Common     NCO GROUP INC COM
    869,531.25       883,232.05      26,500.00    Corporate Stock - Common     NCR CORP COM
      4,332.00        10,062.49         228.00    Corporate Stock - Common     NEG MICON COM
     25,000.00        32,082.72       4,000.00    Corporate Stock - Common     NEOGEN CORP COM
         43.75         1,705.00         100.00    Corporate Stock - Common     NEOPROBE CORP COM
     45,236.75       154,871.73      23,348.00    Corporate Stock - Common     NEORX CORP COM PAR $0.02
    538,692.50       363,944.93      14,270.00    Corporate Stock - Common     NET PERCEPTIONS INC COM ISIN
                                                                                 #US64107U1016
      3,087.50         8,264.01         130.00    Corporate Stock - Common     NETBANK INC COM
     52,500.00        44,934.90       2,000.00    Corporate Stock - Common     NETCENTIVES INC COM STK
        484.00         3,029.95         500.00    Corporate Stock - Common     NETCRUISE COM INC COM
     81,500.00        90,684.90       2,000.00    Corporate Stock - Common     NETEGRITY INC COM
    336,595.00       328,698.13       8,260.00    Corporate Stock - Common     NETEGRITY INC COM
      3,974.40         2,181.10         800.00    Corporate Stock - Common     NETMANAGE INC COM
     30,475.00        36,589.08       1,150.00    Corporate Stock - Common     NETRO CORP COM ISIN US64114R1095
    841,465.63       512,808.01       7,150.00    Corporate Stock - Common     NETWORK APPLIANCE INC COM
     24,714.38        15,439.39         210.00    Corporate Stock - Common     NETWORK APPLIANCE INC COM
    294,218.75       127,650.00       2,500.00    Corporate Stock - Common     NETWORK APPLIANCE INC COM
      6,500.00         5,529.95       1,000.00    Corporate Stock - Common     NETWORK COMPUTING DEVICES INC COM
    312,808.75       376,942.12      19,940.00    Corporate Stock - Common     NETWORK PLUS CORP COM
</TABLE>



                                 Page 78 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
     74,968.75        49,875.88         500.00    Corporate Stock - Common     NETWORK SOLUTIONS INC DEL
     51,131.25        42,058.87       2,025.00    Corporate Stock - Common     NETWORKS ASSOC INC COM STK
    293,250.00       330,999.94      13,800.00    Corporate Stock - Common     NETZERO INC COM
      3,143.75         3,898.70         100.00    Corporate Stock - Common     NEW CENTURY ENERGIES INC COM STK
    122,606.25       187,532.13       3,900.00    Corporate Stock - Common     NEW CENTURY ENERGIES INC COM STK
    632,843.75       596,603.67      13,150.00    Corporate Stock - Common     NEW ERA OF NETWORKS INC COM
    101,062.50        96,867.71       2,100.00    Corporate Stock - Common     NEW ERA OF NETWORKS INC COM
      1,500.00         1,216.79         300.00    Corporate Stock - Common     NEW FRONTIER MEDIA INC COM
         66.66        11,087.96       6,666.00    Corporate Stock - Common     NEW GEN ENVIRONMENTAL CORP STK
     14,372.26        19,062.96       1,277.53    Corporate Stock - Common     NEW GERMANY FD INC COM
    226,781.25        96,172.01       5,900.00    Corporate Stock - Common     NEW YORK TIMES CO CL A ISIN
                                                                                 #US6501111073
      6,787.50         7,484.14         300.00    Corporate Stock - Common     NEWBRIDGE NETWORKS CORP COM
    314,770.31       260,564.06       9,593.00    Corporate Stock - Common     NEWELL RUBBERMAID INC COM
      6,562.50         6,729.95         200.00    Corporate Stock - Common     NEWELL RUBBERMAID INC COM
    133,858.06       185,491.11       5,651.00    Corporate Stock - Common     NEWMONT MNG CORP COM
     96,834.50       118,197.84       4,088.00    Corporate Stock - Common     NEWMONT MNG CORP COM
     27,000.00        90,439.27       4,500.00    Corporate Stock - Common     NEWPARK RES INC COM PAR $0.01 NEW
      2,550.00         2,666.10       1,700.00    Corporate Stock - Common     NEXELL THERAPEUTICS INC COM
      2,489.06         2,014.01          75.00    Corporate Stock - Common     NEXTCARD INC COM
  1,209,325.00       503,436.77      12,200.00    Corporate Stock - Common     NEXTEL COMMUNICATIONS INC CL A COM STK
    249,894.13       104,591.62       2,521.00    Corporate Stock - Common     NEXTEL COMMUNICATIONS INC CL A COM STK
    165,000.00       189,410.10       3,300.00    Corporate Stock - Common     NEXTLINK COMMUNICATIONS INC CL A
     38,250.00        34,593.50         765.00    Corporate Stock - Common     NEXTLINK COMMUNICATIONS INC CL A
        587.50           479.95         200.00    Corporate Stock - Common     NEXUS TELECOM SYSTEMS
     94,500.00        94,469.07       6,300.00    Corporate Stock - Common     NIAGARA MOHAWK HLDGS INC COM ISIN#
                                                                                 US6535201064
    450,000.00       464,584.11      30,000.00    Corporate Stock - Common     NIAGARA MOHAWK HLDGS INC COM ISIN#
                                                                                 US6535201064
      3,468.75         3,717.45         100.00    Corporate Stock - Common     NICOR INC COM
     55,500.00        39,228.17       1,600.00    Corporate Stock - Common     NICOR INC COM
    437,000.00       229,299.06       9,500.00    Corporate Stock - Common     NIKE INC CL B COM
     13,846.32        15,893.34         301.01    Corporate Stock - Common     NIKE INC CL B COM
     40,250.00        34,488.80       1,000.00    Corporate Stock - Common     NJ RES CORP COM
      1,550.00         3,017.92         200.00    Corporate Stock - Common     NOBEL LEARNING CMNTYS INC COM
     55,750.00        33,534.11       2,000.00    Corporate Stock - Common     NOBLE DRILLING CORP COM
    133,500.00        88,919.10       4,800.00    Corporate Stock - Common     NORDSTROM INC COM
     37,546.88        38,286.14       1,350.00    Corporate Stock - Common     NORDSTROM INC COM
    617,437.50       363,715.01      22,200.00    Corporate Stock - Common     NORDSTROM INC COM
    275,737.50       267,125.68      12,900.00    Corporate Stock - Common     NORFOLK SOUTHN CORP COM
     33,475.00        38,051.00       1,300.00    Corporate Stock - Common     NORTEK INC COM
    106,275.00       110,919.80       5,200.00    Corporate Stock - Common     NORTHN STS PWR CO MINN COM
</TABLE>



                                 Page 79 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    367,887.50       260,648.12       3,800.00    Corporate Stock - Common     NORTHN TR CORP COM
      2,818.75         3,229.95         100.00    Corporate Stock - Common     NORTHPOINT COMMUNICATIONS HLDGS INC COM
    134,850.00       143,404.04       2,400.00    Corporate Stock - Common     NORTHROP GRUMMAN CORP COM
      5,651.06         6,869.95         100.58    Corporate Stock - Common     NORTHROP GRUMMAN CORP COM
     95,062.50       108,627.50       4,500.00    Corporate Stock - Common     NORTHWESTN CORP COM
      1,038.00         3,003.00       3,000.00    Corporate Stock - Common     NORTRAN PHARMACEUTICAL COM STK
    161,850.00       147,185.57       7,800.00    Corporate Stock - Common     NOVA CHEMICALS CORP COM
    790,737.50       681,555.47      25,820.00    Corporate Stock - Common     NOVA CORP GA COM
    221,056.25       233,186.04      11,300.00    Corporate Stock - Common     NOVELL INC COM
     68,468.75        64,660.35       3,500.00    Corporate Stock - Common     NOVELL INC COM
  1,470,037.50     1,098,541.30      17,900.00    Corporate Stock - Common     NOVELLUS SYS INC COM
      1,968.75         1,245.03         500.00    Corporate Stock - Common     NTN COMMUNICATIONS INC COM NEW
    151,312.50       106,521.97       3,000.00    Corporate Stock - Common     NUCOR CORP COM
     10,189.74         8,398.14         202.03    Corporate Stock - Common     NUCOR CORP COM
     83,362.50        83,754.00       5,400.00    Corporate Stock - Common     NUEVO ENERGY CO COM
     70,525.00        48,887.16       2,800.00    Corporate Stock - Common     NUI CORP COM
         92.50           234.00         250.00    Corporate Stock - Common     NUTEK INC COM
     54,000.00       195,414.11      12,000.00    Corporate Stock - Common     NUTRACEUTICAL INTL CORP COM
      1,715.00         2,974.88       5,000.00    Corporate Stock - Common     NUTRACEUTIX INC COM STK
        797.81         1,013.11         185.00    Corporate Stock - Common     O I CORP COM
      1,200.00         1,454.95         200.00    Corporate Stock - Common     OAKLEY INC COM
      1,500.00        12,826.52         500.00    Corporate Stock - Common     OAKWOOD HOMES CORP COM
        345.00           310.00          80.00    Corporate Stock - Common     OAO TECH SOLUTIONS INC 1997 RT
      4,387.50         4,199.93         200.00    Corporate Stock - Common     OCCIDENTAL PETE CORP COM
  1,101,262.50     1,272,760.82      50,200.00    Corporate Stock - Common     OCCIDENTAL PETE CORP COM
    258,862.50       274,522.47      11,800.00    Corporate Stock - Common     OCCIDENTAL PETE CORP COM
      6,862.50         7,136.69         900.00    Corporate Stock - Common     OCEAN ENERGY INC TEX COM
    308,675.25       519,198.64      40,482.00    Corporate Stock - Common     OCEAN ENERGY INC TEX COM
    129,937.50       127,382.50       7,000.00    Corporate Stock - Common     OCEANFIRST FINL CORP COM
        150.00         2,314.00       5,000.00    Corporate Stock - Common     OCTUS INC COM STK
      2,843.75         5,652.00         350.00    Corporate Stock - Common     ODS NETWORKS INC COM
    141,287.50       281,084.02      12,700.00    Corporate Stock - Common     OFFICE DEPOT INC COM
      7,787.50         9,429.68         700.00    Corporate Stock - Common     OFFICE DEPOT INC COM
      3,062.50         4,259.60         500.00    Corporate Stock - Common     OFFICEMAX INC COM
     24,687.50        25,200.00       2,500.00    Corporate Stock - Common     OFFSHORE LOGISTICS INC COM
      3,900.00         6,778.17         300.00    Corporate Stock - Common     OGDEN CORP COM
    851,812.50       823,418.40      21,000.00    Corporate Stock - Common     OLD KENT FNCL CORP COM
      5,250.00        10,362.14       2,000.00    Corporate Stock - Common     OMEGA PROTEIN CORP COM
      1,687.50         3,058.36       1,000.00    Corporate Stock - Common     OMI CORP NEW COM
     63,743.75        59,567.90       4,700.00    Corporate Stock - Common     OMNICARE INC COM
    528,750.00       256,698.40       6,000.00    Corporate Stock - Common     OMNICOM GROUP INC COM
          1.00           934.27       1,000.00    Corporate Stock - Common     ONEITA INDS INC COM
</TABLE>



                                 Page 80 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    294,275.00       249,837.50      15,800.00    Corporate Stock - Common     ONEMAIN COM INC ISIN
                                                                                 US68267P1093
     29,631.25        21,961.01       1,100.00    Corporate Stock - Common     ONEOK INC COM STK
    350,187.50       442,798.07      13,000.00    Corporate Stock - Common     ONEOK INC COM STK
      2,625.00         2,954.95         300.00    Corporate Stock - Common     ONHEALTH NETWORK CO COM
      8,125.00         8,184.90       1,000.00    Corporate Stock - Common     OR STL MLS INC COM
      2,437.50         3,735.45         300.00    Corporate Stock - Common     OR STL MLS INC COM
    676,226.25       384,069.50       9,972.00    Corporate Stock - Common     ORACLE CORP COM
    379,750.00       411,063.82       5,600.00    Corporate Stock - Common     ORACLE CORP COM
  3,307,554.69       390,112.94      48,775.00    Corporate Stock - Common     ORACLE CORP COM
      9,712.50        21,705.05         700.00    Corporate Stock - Common     ORBITAL SCI CORP COM
    713,700.00       496,537.39       7,800.00    Corporate Stock - Common     ORBOTECH LTD SH COM
     25,266.25        68,545.65      23,780.00    Corporate Stock - Common     ORIENT PACKAGING HLDGS LTD COM STK
        190.40         3,386.67       2,000.00    Corporate Stock - Common     OROPERU RES INC COM
      2,437.50         2,792.45         200.00    Corporate Stock - Common     ORTHODONTIC CTRS AMER INC COM
      2,252.63         2,520.08         111.24    Corporate Stock - Common     OSHKOSH B GOSH INC CL A
    378,462.50       358,468.72      13,700.00    Corporate Stock - Common     OSHKOSH TRUCK CORP COM
      4,875.00         5,854.13       2,000.00    Corporate Stock - Common     OSTEX INTL INC COM
      6,750.00         5,029.95       1,000.00    Corporate Stock - Common     OVERLAND DATA INC COM
    261,450.00       615,158.15      16,600.00    Corporate Stock - Common     OWENS CORNING COM
      4,882.50         6,849.95         310.00    Corporate Stock - Common     OWENS CORNING COM
     29,925.00        62,899.85       1,900.00    Corporate Stock - Common     OWENS CORNING COM
    126,868.75       193,504.05       5,300.00    Corporate Stock - Common     OWENS ILL INC COM NEW
      1,465.60         1,882.99         100.00    Corporate Stock - Common     OXFORD HLTH PLANS INC COM
    448,473.60       459,558.81      30,600.00    Corporate Stock - Common     OXFORD HLTH PLANS INC COM
      5,625.00         6,456.60       1,000.00    Corporate Stock - Common     P-COM INC COM
         96.80           415.57         100.00    Corporate Stock - Common     PAC AEROSPACE & ELECTRONICS INC COM
     42,500.00        47,500.00      50,000.00    Corporate Stock - Common     PAC CENTY CYBERWORKS COM STK ISIN
                                                                                 HK1186008681SEDOL 600882X
      5,887.50         4,792.45         300.00    Corporate Stock - Common     PAC CENTY FINL CORP COM
     18,250.00        19,279.95       1,000.00    Corporate Stock - Common     PAC GATEWAY EXCHANGE INC COM
    324,187.50       296,501.51      10,500.00    Corporate Stock - Common     PAC SUNWEAR CAL INC COM
    107,336.25        64,289.34       2,610.00    Corporate Stock - Common     PACCAR INC COM
      5,614.92         5,642.48         136.53    Corporate Stock - Common     PACCAR INC COM
    201,512.50       257,911.64       4,900.00    Corporate Stock - Common     PACCAR INC COM
     59,644.75       178,166.11       5,819.00    Corporate Stock - Common     PACTIV CORP COM
      3,949.00         5,517.47       5,500.00    Corporate Stock - Common     PAGING NETWORK INC COM
    192,018.75       210,442.75       4,900.00    Corporate Stock - Common     PAINE WEBBER GROUP INC COM
    278,231.25       287,319.25       7,100.00    Corporate Stock - Common     PAINE WEBBER GROUP INC COM
     16,561.50        14,460.50       1,086.00    Corporate Stock - Common     PAIRGAIN TECHNOLOGIES INC
    910,425.00       780,894.57      59,700.00    Corporate Stock - Common     PAIRGAIN TECHNOLOGIES INC
     99,210.94        80,080.57       4,233.00    Corporate Stock - Common     PALL CORP COM
</TABLE>



                                 Page 81 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     11,718.75        11,842.45         500.00    Corporate Stock - Common     PALL CORP COM
        468.00         5,187.81       1,200.00    Corporate Stock - Common     PANACO INC COM
    250,250.00       368,886.41      28,600.00    Corporate Stock - Common     PANTRY INC COM ISIN #US6986571031
    301,610.40       298,428.74       8,400.00    Corporate Stock - Common     PAPA JOHNS INTL INC COM
    206,456.25       205,112.95       9,100.00    Corporate Stock - Common     PARAMETRIC TECH CORP COM
     20,418.75        18,094.11         900.00    Corporate Stock - Common     PARAMETRIC TECH CORP COM
    521,131.88       548,452.39      22,970.00    Corporate Stock - Common     PARAMETRIC TECH CORP COM
      1,437.50        22,240.00       1,000.00    Corporate Stock - Common     PARAMOUNT FINL CORP COM NEW STK
     12,000.00        19,649.06       1,000.00    Corporate Stock - Common     PAREXEL INTL CORP COM
     50,596.88        63,789.43      12,850.00    Corporate Stock - Common     PARKER DRILLING CO COM
    172,954.69        79,568.65       3,675.00    Corporate Stock - Common     PARKER-HANNIFIN CORP COM
    155,306.25       148,013.58       3,300.00    Corporate Stock - Common     PARKER-HANNIFIN CORP COM
     25,650.00        25,691.90       3,600.00    Corporate Stock - Common     PATINA OIL & GAS CORP COM
    591,328.75       481,469.23      12,890.00    Corporate Stock - Common     PATTERSON DENTAL CO COM
    761,525.00       642,663.16      16,600.00    Corporate Stock - Common     PATTERSON DENTAL CO COM
      1,143.75         1,042.45         100.00    Corporate Stock - Common     PAXSON COMMUNICATIONS CORP COM
    331,481.25       264,732.35       8,300.00    Corporate Stock - Common     PAYCHEX INC COM
      9,478.53         9,096.78         237.33    Corporate Stock - Common     PAYCHEX INC COM
  1,901,025.00     1,165,041.95      47,600.00    Corporate Stock - Common     PAYCHEX INC COM
     41,400.00        49,991.55         800.00    Corporate Stock - Common     PCORDER COM INC CL A
    285,687.50        65,371.68       3,500.00    Corporate Stock - Common     PE CORP PE BIOSYSTEMS GROUP COM
      6,950.00         7,543.57         800.00    Corporate Stock - Common     PEAPOD INC COM
    207,506.25       161,973.56       6,300.00    Corporate Stock - Common     PECO ENERGY CO COM
    171,275.00       188,607.12       5,200.00    Corporate Stock - Common     PECO ENERGY CO COM
      8,500.00         8,911.20       1,000.00    Corporate Stock - Common     PEERLESS SYS CORP COM
        177.00        26,842.04      17,700.00    Corporate Stock - Common     PEGASUS GOLD INC COM
    198,581.25       349,342.86       8,900.00    Corporate Stock - Common     PENNEY J.C CO INC COM
     22,312.50        31,322.03       1,000.00    Corporate Stock - Common     PENNEY J.C CO INC COM
      2,552.25         3,063.72         246.00    Corporate Stock - Common     PENNZOIL-QUAKER ST CO COM
  1,050,637.50     1,060,598.26      28,300.00    Corporate Stock - Common     PENTAIR INC COM
     44,100.00        32,734.36       1,200.00    Corporate Stock - Common     PEOPLES ENERGY CORP COM
    470,693.13       494,604.00      27,790.00    Corporate Stock - Common     PEOPLES HERITAGE FNCL GROUP INC COM
    154,262.50       251,784.92       8,200.00    Corporate Stock - Common     PEOPLESOFT INC COM
     41,199.38        35,291.53       2,190.00    Corporate Stock - Common     PEOPLESOFT INC COM
     17,437.50        43,816.95       1,800.00    Corporate Stock - Common     PEP BOYS-MANNY MOE & JACK COM
      4,843.75        10,347.00         500.00    Corporate Stock - Common     PEP BOYS-MANNY MOE & JACK COM
  1,403,237.50     1,511,032.22      40,600.00    Corporate Stock - Common     PEPSICO INC COM
     28,312.60        29,040.24         819.17    Corporate Stock - Common     PEPSICO INC COM
  2,104,856.25     2,288,150.31      60,900.00    Corporate Stock - Common     PEPSICO INC COM
  1,710,843.75       950,219.54      49,500.00    Corporate Stock - Common     PEPSICO INC COM
      1,255.38         2,247.64         166.00    Corporate Stock - Common     PER-SE TECHNOLOGIES INC COM NEW
     40,000.00        39,032.00       1,600.00    Corporate Stock - Common     PERFORMANCE FOOD GROUP CO COM
</TABLE>



                                 Page 82 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
     65,800.00        33,314.22       1,600.00    Corporate Stock - Common     PERKINELMER INC COM
     21,426.13        10,008.66         521.00    Corporate Stock - Common     PERKINELMER INC COM
     25,218.00        23,670.00       3,000.00    Corporate Stock - Common     PERRIGO CO COM
      2,343.75         3,539.76         300.00    Corporate Stock - Common     PERSONNEL GROUP OF AMER INC COM
     64,400.00        57,746.04       4,600.00    Corporate Stock - Common     PETCO ANIMAL SUPPLIES INC COM
     23,787.50        28,173.57      17,300.00    Corporate Stock - Common     PETROQUEST ENERGY INC COM
      2,501.25         2,739.28         580.00    Corporate Stock - Common     PETSMART INC COM
  4,751,418.75     1,250,290.22     131,300.00    Corporate Stock - Common     PFIZER INC COM
  1,342,556.25       757,850.57      37,100.00    Corporate Stock - Common     PFIZER INC COM
    506,404.94       519,808.37      13,993.92    Corporate Stock - Common     PFIZER INC COM
  3,072,318.75     2,869,711.70      84,900.00    Corporate Stock - Common     PFIZER INC COM
    452,887.35       291,276.49      12,225.00    Corporate Stock - Common     PFT RECOVERY GROUP INTL INC COM
    303,777.20       320,578.14       8,200.00    Corporate Stock - Common     PFT RECOVERY GROUP INTL INC COM
    290,875.00       353,144.77      13,000.00    Corporate Stock - Common     PG& E CORP COM
      6,048.03         6,847.22         270.30    Corporate Stock - Common     PG& E CORP COM
      2,475.00         4,629.95         200.00    Corporate Stock - Common     PHARMACEUTICAL PROD DEV INC COM
    109,200.00       124,881.75       2,100.00    Corporate Stock - Common     PHELPS DODGE CORP CAP
     10,593.44        11,381.52         203.72    Corporate Stock - Common     PHELPS DODGE CORP CAP
    133,510.00       138,378.16       2,567.50    Corporate Stock - Common     PHELPS DODGE CORP CAP
     41,625.00        38,278.80       1,800.00    Corporate Stock - Common     PHIL SUBN CORP COM PAR $0.50
    237,992.56       313,364.55       9,044.85    Corporate Stock - Common     PHILIP MORRIS COS INC COM
  4,599,425.00     6,022,714.99     174,800.00    Corporate Stock - Common     PHILIP MORRIS COS INC COM
  2,131,312.50     2,114,504.40      81,000.00    Corporate Stock - Common     PHILIP MORRIS COS INC COM
         85.00         3,143.86         500.00    Corporate Stock - Common     PHILIP SVCS CORP COM
     24,992.74        23,304.09         522.72    Corporate Stock - Common     PHILLIPS PETRO CO COM
  1,176,187.50     1,272,061.27      24,600.00    Corporate Stock - Common     PHILLIPS PETRO CO COM
    860,625.00       779,163.90      18,000.00    Corporate Stock - Common     PHILLIPS PETRO CO COM
    411,187.50       255,301.37       8,600.00    Corporate Stock - Common     PHILLIPS PETRO CO COM
     11,281.00        27,614.80      11,281.00    Corporate Stock - Common     PHOENIX INFORMATION SYS CORP COM
      3,312.50         5,279.95       1,000.00    Corporate Stock - Common     PHOTOELECTRON CORP COM
      2,692.80         4,781.20       5,280.00    Corporate Stock - Common     PHYSICIANS RES GROUP INC COM
         70.00           473.70          80.00    Corporate Stock - Common     PICK COMMUNICATIONS CORP COM NEW
     24,375.00        31,881.00       5,000.00    Corporate Stock - Common     PICTURETEL CORP COM NEW
      3,409.63         3,390.20         107.39    Corporate Stock - Common     PIEDMONT NAT GAS INC COM
    146,050.00       128,734.09       4,600.00    Corporate Stock - Common     PIEDMONT NAT GAS INC COM
     13,062.50        12,138.98       1,000.00    Corporate Stock - Common     PIERCING PAGODA INC COM
     27,200.00        33,539.32       1,600.00    Corporate Stock - Common     PILOT NETWORK SVCS INC COM
    759,191.25       652,992.08      26,580.00    Corporate Stock - Common     PINNACLE HLDGS INC COM
        284.00         7,395.58       7,100.00    Corporate Stock - Common     PINNACLE MICRO INC COM
    178,200.00       154,877.67       5,400.00    Corporate Stock - Common     PINNACLE SYS INC COM
     96,243.75       109,990.33       2,900.00    Corporate Stock - Common     PINNACLE W. CAP CORP COM
    153,781.25       207,227.75      18,500.00    Corporate Stock - Common     PIONEER NAT RES CO COM STK
</TABLE>



                                 Page 83 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    436,231.25       191,882.48       9,100.00    Corporate Stock - Common     PITNEY BOWES INC COM
     98,625.00        83,798.00       3,000.00    Corporate Stock - Common     PK ELECTROCHEMICAL CORP COM
     14,754.75         7,637.69       1,146.00    Corporate Stock - Common     PK PL ENTMT CORP COM
    125,125.00       168,624.56      11,000.00    Corporate Stock - Common     PLACER DOME INC COM
      5,687.50         6,679.94         500.00    Corporate Stock - Common     PLACER DOME INC COM
    307,267.50       317,884.00      15,460.00    Corporate Stock - Common     PLANETRX COM INC COM STK
        293.75         2,056.56         100.00    Corporate Stock - Common     PLAY BY PLAY TOYS & NOVELTIES INC COM
      6,567.50        21,208.47       2,840.00    Corporate Stock - Common     PLC SYS INC COM
      3,675.00         3,854.95         200.00    Corporate Stock - Common     PLUG PWR INC COM
    562,721.25       504,366.95       5,460.00    Corporate Stock - Common     PMC SIERRA INC COM
     22,158.44        20,718.00         215.00    Corporate Stock - Common     PMC SIERRA INC COM
    752,356.25       684,220.24       7,300.00    Corporate Stock - Common     PMC SIERRA INC COM
    434,456.25       452,715.06       8,700.00    Corporate Stock - Common     PMI GROUP INC COM
    574,225.00       315,822.78      10,300.00    Corporate Stock - Common     PNC FINANCIAL SERVICES GROUP COM STK
     24,563.00        22,669.20         638.00    Corporate Stock - Common     POLARIS INDS INC COM
     28,990.50        54,902.85       1,506.00    Corporate Stock - Common     POLAROID CORP COM
    890,240.00       364,473.09      13,910.00    Corporate Stock - Common     POLYCOM INC COM
      4,915.00         5,450.00       5,000.00    Corporate Stock - Common     POLYMET MNG CORP COM
      4,262.50         6,023.04       2,200.00    Corporate Stock - Common     POLYVISION CORP COM
     19,100.00        16,716.00       1,600.00    Corporate Stock - Common     POPE & TALBOT INC COM
    190,056.25       181,809.63       4,700.00    Corporate Stock - Common     POTLATCH CORP COM
     40,437.50        39,791.25       1,000.00    Corporate Stock - Common     POTLATCH CORP COM
    523,075.00       499,322.00       6,100.00    Corporate Stock - Common     POWERTEL INC COM
     53,831.25        29,927.00         900.00    Corporate Stock - Common     POWERWAVE TECHNOLOGIES INC COM
    221,306.25       248,559.71       3,700.00    Corporate Stock - Common     POWERWAVE TECHNOLOGIES INC COM
    345,518.75       210,138.13       5,900.00    Corporate Stock - Common     PPG IND INC COM
        918.00        15,351.35       5,100.00    Corporate Stock - Common     PRANDIUM INC COM
    240,975.00       146,697.61       5,400.00    Corporate Stock - Common     PRAXAIR INC COM
  1,227,187.50     1,504,054.16      27,500.00    Corporate Stock - Common     PRAXAIR INC COM
      2,387.50         2,854.94         100.00    Corporate Stock - Common     PRE PAID LEGAL SVCS INC COM
    317,555.00       313,436.20      14,770.00    Corporate Stock - Common     PRECISION DRILLING CORP COM
        906.25         1,014.97         500.00    Corporate Stock - Common     PREMIER LASER SYS INC CL A
    582,238.75       460,191.40      12,290.00    Corporate Stock - Common     PRI AUTOMATION INC COM
     19,250.00        15,054.70       5,500.00    Corporate Stock - Common     PRICE NET U S A INC COM
    147,600.00       130,431.25       4,100.00    Corporate Stock - Common     PRICE T ROWE ASSOC INC COM
     17,298.00        21,138.05         279.00    Corporate Stock - Common     PRICELINE COM INC COM
     31,625.00        18,147.46       2,200.00    Corporate Stock - Common     PRIDE INTL INC COM
      1,887.50         2,583.21         200.00    Corporate Stock - Common     PRIME MED SVCS INC NEW COM
    768,145.00       537,058.84      25,820.00    Corporate Stock - Common     PRIMUS TELECOMMUNICATIONS GROUP INC COM
          0.52         2,885.40         516.00    Corporate Stock - Common     PRINS RECYCLING CORP COM
  4,856,544.00     1,601,620.96      44,968.00    Corporate Stock - Common     PROCTER & GAMBLE CO COM
  4,309,200.00     3,237,319.98      39,900.00    Corporate Stock - Common     PROCTER & GAMBLE CO COM
</TABLE>



                                 Page 84 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    373,620.06       263,858.91       3,459.45    Corporate Stock - Common     PROCTER & GAMBLE CO COM
      2,706.25         2,356.81         100.00    Corporate Stock - Common     PRODIGY COMMUNICATIONS CORP COM
    677,875.00       528,505.26      17,000.00    Corporate Stock - Common     PROGRESS SOFTWARE CORP COM
    201,406.25       275,410.48       2,500.00    Corporate Stock - Common     PROGRESSIVE CORP OH COM
        412.50           621.21         200.00    Corporate Stock - Common     PROMEDCO MGMT CO COM
     94,062.50        59,874.75       4,300.00    Corporate Stock - Common     PROVANT INC COM
  1,104,250.00     1,115,562.68      28,000.00    Corporate Stock - Common     PROVIDENT FNCL GROUP INC COM STK
    383,756.25        66,130.60       4,850.00    Corporate Stock - Common     PROVIDIAN FINL CORP W/I COM STK
      5,600.00         3,767.45         100.00    Corporate Stock - Common     PROXIM INC
        497.81           654.33          45.00    Corporate Stock - Common     PROXYMED INC COM
     60,000.00        45,860.79       1,200.00    Corporate Stock - Common     PSINET INC COM
    259,000.00       210,071.52       7,400.00    Corporate Stock - Common     PUB SERVICE ENTERPRISE GROUP INC COM
  1,123,500.00     1,258,024.27      32,100.00    Corporate Stock - Common     PUB SERVICE ENTERPRISE GROUP INC COM
      3,946.56         4,986.83         173.00    Corporate Stock - Common     PUB STORAGE INC COM
    231,087.50       275,412.50      13,900.00    Corporate Stock - Common     PUB SVC CO N MEX COM
      4,503.58         5,619.38         219.69    Corporate Stock - Common     PUGET SOUND ENERGY COM STK
        433.60             -            800.00    Corporate Stock - Common     PULSE DATA INC CL A
     30,093.75        18,441.89       1,500.00    Corporate Stock - Common     PULTE CORP COM
    282,881.25       360,844.19      14,100.00    Corporate Stock - Common     PULTE CORP COM
         31.00            82.95         100.00    Corporate Stock - Common     PWR DIRECT INC COM
        340.00         7,774.93      20,000.00    Corporate Stock - Common     PWR SPECTRA INC COM
        293.60           788.48         200.00    Corporate Stock - Common     PYRAMID BREWERIES INC COM
    105,206.25        80,319.60         930.00    Corporate Stock - Common     QLOGIC CORP COM
    407,250.00       350,550.00       3,600.00    Corporate Stock - Common     QLOGIC CORP COM
    738,990.00       383,067.45      16,560.00    Corporate Stock - Common     QLT PHOTOTHERAPEUTICS INC COM
    235,406.25       170,638.36       4,050.00    Corporate Stock - Common     QRS CORP COM
      3,125.00         3,613.62         200.00    Corporate Stock - Common     QUAKER CHEM CORP COM
    293,625.00       148,424.59       4,500.00    Corporate Stock - Common     QUAKER OATS CO COM
  1,630,406.25       785,456.53       4,500.00    Corporate Stock - Common     QUALCOMM INC COM
    876,433.94       459,070.01       2,419.00    Corporate Stock - Common     QUALCOMM INC COM
  1,956,487.50       854,699.55       5,400.00    Corporate Stock - Common     QUALCOMM INC COM
     95,343.75       123,250.50       4,500.00    Corporate Stock - Common     QUANEX CORP COM
    502,880.00       484,387.15      17,960.00    Corporate Stock - Common     QUANTA SVCS INC COM
      1,443.75           818.36         210.00    Corporate Stock - Common     QUANTUM CORP HDDG COM
    130,881.25        90,923.50       4,300.00    Corporate Stock - Common     QUEST DIAGNOSTICS INC COM
      3,437.50         3,854.95         200.00    Corporate Stock - Common     QUESTAR CORP COM
      5,875.00         5,942.45       1,000.00    Corporate Stock - Common     QUIDEL CORP COM
     86,043.75        85,800.00       3,900.00    Corporate Stock - Common     QUINTILES TRANSNATIONAL CORP COM
      1,742.94         2,178.93          79.00    Corporate Stock - Common     QUINTILES TRANSNATIONAL CORP COM
    229,808.38       213,559.39       6,722.00    Corporate Stock - Common     QWEST COMMUNICATIONS INTL INC COM
     32,113.13        25,883.31       2,595.00    Corporate Stock - Common     R & B FALCON CORP COM
    310,143.75       318,284.76      13,900.00    Corporate Stock - Common     R G S ENERGY GROUP INC COM
</TABLE>



                                 Page 85 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
        745.00         5,519.49          40.00    Corporate Stock - Common     R H DONNELLEY CORP COM NEW
      2,750.00         3,029.95       1,000.00    Corporate Stock - Common     R H PHILLIPS INC COM
    498,525.00       441,400.23      10,200.00    Corporate Stock - Common     RADIAN GROUP INC COM
    866,553.75       806,047.05      17,730.00    Corporate Stock - Common     RADIAN GROUP INC COM
    439,875.00       434,992.50       9,000.00    Corporate Stock - Common     RADIAN GROUP INC COM
    816,212.50       586,966.84      16,700.00    Corporate Stock - Common     RADIAN GROUP INC COM
        220.00           155.00          40.00    Corporate Stock - Common     RADIANCE MED SYS INC COM
    315,305.63       295,657.50       4,990.00    Corporate Stock - Common     RADIO ONE INC CL A
      5,385.00         7,762.87         120.00    Corporate Stock - Common     RADISYS CORP COM
      4,750.00         4,529.95       1,000.00    Corporate Stock - Common     RAINFOREST CAFE INC COM
      2,237.50         1,667.45         100.00    Corporate Stock - Common     RAINMAKER SYS INC COM
    326,562.50       203,181.99      11,000.00    Corporate Stock - Common     RALSTON-RALSTON PURINA GROUP
     77,618.75       100,341.17       1,100.00    Corporate Stock - Common     RAMBUS INC DEL COM
     91,375.00        85,548.50       4,300.00    Corporate Stock - Common     RARE HOSPITALITY INTL INC COM
    761,762.50       554,049.31      14,900.00    Corporate Stock - Common     RATIONAL SOFTWARE CORP COM NEW
     14,740.63        16,518.10         506.12    Corporate Stock - Common     RAYTHEON CO CL A COM STK
    349,837.50       439,016.15      11,400.00    Corporate Stock - Common     RAYTHEON CO CL B COM STK
     19,760.63        19,739.95         270.00    Corporate Stock - Common     RAZORFISH INC CL A COM STK
    607,456.25       620,649.93       8,300.00    Corporate Stock - Common     RAZORFISH INC CL A COM STK
     13,537.50        12,367.45         300.00    Corporate Stock - Common     RCN CORP COM
     11,000.00        27,587.42       2,000.00    Corporate Stock - Common     READ-RITE CORP COM
     97,650.00        69,934.62         700.00    Corporate Stock - Common     REALNETWORKS INC COM
      1,209.38         2,759.90         150.00    Corporate Stock - Common     RECOTON CORP COM
     48,720.00        30,925.30         232.00    Corporate Stock - Common     RED HAT INC COM
     13,993.75        12,489.94         100.00    Corporate Stock - Common     REDBACK NETWORKS INC COM ISIN
                                                                                 US7572091012
     48,360.60        59,245.16      20,100.00    Corporate Stock - Common     REDHOOK ALE BREWERY INC COM
     17,100.00        56,671.87       1,900.00    Corporate Stock - Common     REEBOK INTL COM
      1,171.50         1,796.30       5,000.00    Corporate Stock - Common     REGENT PAC GROUP LTD SHS ISIN#
                                                                                 KYG747871138
    208,525.00       268,692.51       7,600.00    Corporate Stock - Common     REGIONS FNCL CORP COM
    126,843.75       155,107.10       6,150.00    Corporate Stock - Common     REGIS CORP MINN COM
    433,125.00       517,275.62      21,000.00    Corporate Stock - Common     REGIS CORP MINN COM
     42,262.50        35,733.60       2,100.00    Corporate Stock - Common     REHABCARE GROUP INC COM
    249,837.06       221,108.13      10,069.00    Corporate Stock - Common     RELIANT ENERGY INC COM
      9,925.00        11,029.95         400.00    Corporate Stock - Common     RELIANT ENERGY INC COM
    336,690.00       355,492.46       7,740.00    Corporate Stock - Common     RELIASTAR FINL CORP COM
     17,437.50         7,215.20         500.00    Corporate Stock - Common     REMEDY CORP COM
    584,250.00       522,620.18      28,500.00    Corporate Stock - Common     RENAL CARE GROUP INC COM
    242,475.00       422,254.10      15,900.00    Corporate Stock - Common     RENT-WAY INC COM
        854.00           914.45          61.00    Corporate Stock - Common     REP BANCORP INC COM
    213,062.43       254,161.30      26,530.00    Corporate Stock - Common     REP SEC FINL CORP COM
</TABLE>



                                 Page 86 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
         45.90         3,737.25         900.00    Corporate Stock - Common     REPAP ENTERPRISES INC COM
    201,450.00       347,952.42      23,700.00    Corporate Stock - Common     RES AMER INC CL A
      1,025.00         1,048.70         100.00    Corporate Stock - Common     REVLON INC CL A
    321,850.00       342,843.75      31,400.00    Corporate Stock - Common     REXALL SUNDOWN INC COM
        937.75         1,055.58          44.00    Corporate Stock - Common     REYNOLDS R J TOB HLDGS INC COM
     24,457.50        22,239.77         360.00    Corporate Stock - Common     RF MICRO DEVICES INC COM
      8,812.50         9,826.83         250.00    Corporate Stock - Common     RHYTHMS NETCONNECTIONS INC COM
    567,525.00       568,988.91      16,100.00    Corporate Stock - Common     RHYTHMS NETCONNECTIONS INC COM
     83,606.25        90,308.96       4,900.00    Corporate Stock - Common     RICHMOND CNTY FINL CORP COM
        718.75         1,697.69         500.00    Corporate Stock - Common     RICHMONT MINES INC COM STK
    225,581.25       384,932.98      15,900.00    Corporate Stock - Common     RIGGS NATL CORP COM
     44,089.38        79,765.31       5,830.00    Corporate Stock - Common     RITE AID CORP COM
     66,550.00       152,269.56       8,800.00    Corporate Stock - Common     RITE AID CORP COM
        868.00         1,762.80       4,000.00    Corporate Stock - Common     RJK EXPLS LTD CL A
      7,093.00         4,467.45       1,000.00    Corporate Stock - Common     RMH TELESERVICES INC COM
     57,637.50        54,375.00       2,900.00    Corporate Stock - Common     ROADWAY EXPRESS INC DEL COM
      2,800.00         3,447.99         100.00    Corporate Stock - Common     ROBERT HALF INTL INC COM
      6,000.00         7,591.54       1,000.00    Corporate Stock - Common     ROBOTIC VISION SYS INC COM
    322,562.50       160,624.95       6,500.00    Corporate Stock - Common     ROCKWELL INTL CORP NEW COM
    253,087.50       285,040.53       5,100.00    Corporate Stock - Common     ROCKWELL INTL CORP NEW COM
      1,593.75           973.70          50.00    Corporate Stock - Common     ROGERS CANTEL MOBILE COMMN INC CL B VTG
      3,681.07         4,175.56         100.51    Corporate Stock - Common     ROHM & HAAS CO COM
    270,475.63       184,974.90       7,385.00    Corporate Stock - Common     ROHM & HAAS CO COM
      1,656.75         2,108.67         103.55    Corporate Stock - Common     ROLLINS INC COM
    165,675.00       185,468.00      14,100.00    Corporate Stock - Common     ROLLINS TRUCK LEASING CORP COM
    126,437.50       125,474.70       3,400.00    Corporate Stock - Common     ROPER INDS INC NEW COM
    318,775.00       279,523.50      16,400.00    Corporate Stock - Common     ROSLYN BANCORP INC COM
  1,014,637.50       912,779.09      52,200.00    Corporate Stock - Common     ROSLYN BANCORP INC COM
      3,781.25         7,302.64         500.00    Corporate Stock - Common     ROUGE INDS INC DEL CL A
     47,950.00        31,475.93       2,800.00    Corporate Stock - Common     ROWAN COMPANIES INC COM
     56,512.50        45,905.45       3,300.00    Corporate Stock - Common     ROWAN COMPANIES INC COM
  1,426,937.50       964,276.65      28,900.00    Corporate Stock - Common     ROYAL CARIBBEAN CRUISES COM STK ISIN#
                                                                                 LR0008862868
    899,000.00       328,495.74      15,500.00    Corporate Stock - Common     ROYAL DUTCH PETRO N.Y REGISTRY SH PAR N 1.25 GLDR
      9,570.00         9,277.94         165.00    Corporate Stock - Common     ROYAL DUTCH PETRO N.Y REGISTRY SH PAR N 1.25 GLDR
  4,210,800.00     2,003,669.67      72,600.00    Corporate Stock - Common     ROYAL DUTCH PETRO N.Y REGISTRY SH PAR N 1.25 GLDR
      5,390.63         6,548.90         250.00    Corporate Stock - Common     ROYAL GROUP TECHNOLOGIES LTD SUB VTG SH
        682.00       138,140.73      68,200.00    Corporate Stock - Common     ROYAL OAK MINES INC COM
      3,555.87         4,539.70         302.63    Corporate Stock - Common     RPM INC COM
    171,550.00       233,513.00      14,600.00    Corporate Stock - Common     RPM INC COM
     20,860.00        11,572.58         560.00    Corporate Stock - Common     RSA SEC INC COM
    120,750.00       110,430.00       6,000.00    Corporate Stock - Common     RUBY TUESDAY INC COM
</TABLE>



                                 Page 87 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
    507,150.00       483,216.68      25,200.00    Corporate Stock - Common     RUBY TUESDAY INC COM
     40,062.50        35,478.75         500.00    Corporate Stock - Common     RURAL CELLULAR CORP CL A
     14,368.75        29,906.06       1,100.00    Corporate Stock - Common     RUSSELL CORP COM
     49,637.50        57,944.15       2,200.00    Corporate Stock - Common     RYDER SYS INC COM
      2,268.56         1,391.84         111.00    Corporate Stock - Common     RYERSON TULL INC NEW COM
    122,625.00       127,298.50       6,000.00    Corporate Stock - Common     RYERSON TULL INC NEW COM
     93,275.00        94,254.08       4,100.00    Corporate Stock - Common     RYLAND GROUP INC COM
     14,656.25        14,944.50         500.00    Corporate Stock - Common     S JERSEY INDS INC COM
    278,323.88       148,417.42      17,062.00    Corporate Stock - Common     S.W. AIRL CO COM
    188,012.17       203,067.65      11,525.65    Corporate Stock - Common     S.W. AIRL CO COM
     36,515.00        40,107.15       4,360.00    Corporate Stock - Common     S3 INC COM
    106,593.75       136,887.98       4,500.00    Corporate Stock - Common     SAFECO CORP COM
     13,001.63         8,059.08         117.00    Corporate Stock - Common     SAFEGUARD SCIENTIFICS INC COM
    186,825.00       216,459.42      15,900.00    Corporate Stock - Common     SAFETY-KLEEN CORP NEW COM NEW
     29,500.00        35,629.70         800.00    Corporate Stock - Common     SAFEWAY INC COM NEW
    637,937.50       939,366.29      17,300.00    Corporate Stock - Common     SAFEWAY INC COM NEW
      5,250.00         5,411.20         300.00    Corporate Stock - Common     SAKS INC COM
      5,125.00         4,933.06         500.00    Corporate Stock - Common     SALOMON SMITH BARNEY HLDGS INC NIKKEI
                                                                                 225 INDEX SECS
      1,453.38         1,494.90          22.00    Corporate Stock - Common     SANDISK CORP COM
     23,562.50        24,122.39       1,000.00    Corporate Stock - Common     SANGSTAT MED CORP COM
     45,625.00        37,612.24       2,000.00    Corporate Stock - Common     SANTA FE INTL CORP COM STK
    298,400.00       302,971.65      37,300.00    Corporate Stock - Common     SANTA FE SNYDER CORP COM
     12,000.00        15,383.54       1,500.00    Corporate Stock - Common     SANTA FE SNYDER CORP COM
    269,600.00       316,554.42      33,700.00    Corporate Stock - Common     SANTA FE SNYDER CORP COM
      4,162.50         3,029.95         300.00    Corporate Stock - Common     SAPIENS INTL CORP NV SHS COM
     18,600.00        20,267.45         240.00    Corporate Stock - Common     SAPIENT CORP COM
    742,050.00       423,083.74      30,600.00    Corporate Stock - Common     SARA LEE CORP COM
     22,795.00        19,796.54         940.00    Corporate Stock - Common     SARA LEE CORP COM
  2,576,100.00     2,831,962.74      49,600.00    Corporate Stock - Common     SBC COMMUNICATIONS INC COM
    971,231.25     1,037,114.71      18,700.00    Corporate Stock - Common     SBC COMMUNICATIONS INC COM
     30,086.61        18,557.24         579.29    Corporate Stock - Common     SBC COMMUNICATIONS INC COM
  6,005,273.44     2,315,000.48     115,625.00    Corporate Stock - Common     SBC COMMUNICATIONS INC COM
     16,875.00         8,378.06         500.00    Corporate Stock - Common     SBS TECHNOLOGIES INC COM
      6,250.00        12,467.45       1,000.00    Corporate Stock - Common     SCANSOFT INC COM
        241.80         3,331.90       1,550.00    Corporate Stock - Common     SCANTEK MED INC COM
      4,000.00         4,635.94       1,000.00    Corporate Stock - Common     SCHEID VINEYARDS INC CL A
  2,540,912.50       594,099.11      49,700.00    Corporate Stock - Common     SCHERING-PLOUGH CORP COM
     63,308.70        68,300.47       1,238.31    Corporate Stock - Common     SCHERING-PLOUGH CORP COM
  2,443,775.00     2,122,920.86      47,800.00    Corporate Stock - Common     SCHERING-PLOUGH CORP COM
  4,933,562.50     4,239,260.22      96,500.00    Corporate Stock - Common     SCHERING-PLOUGH CORP COM
      3,815.63        10,394.53         550.00    Corporate Stock - Common     SCHLOTZSKYS INC COM
</TABLE>



                                 Page 88 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
    600,625.00       477,878.00      10,000.00    Corporate Stock - Common     SCHLUMBERGER LTD COM ISIN AN8068571086
     50,882.25        50,211.53         847.16    Corporate Stock - Common     SCHLUMBERGER LTD COM ISIN AN8068571086
  1,111,156.25       670,367.39      18,500.00    Corporate Stock - Common     SCHLUMBERGER LTD COM ISIN AN8068571086
  1,050,868.75       301,922.91      27,700.00    Corporate Stock - Common     SCHWAB CHARLES CORP COM NEW
    240,321.32       260,666.62       6,334.66    Corporate Stock - Common     SCHWAB CHARLES CORP COM NEW
    151,612.50        36,917.38       2,600.00    Corporate Stock - Common     SCIENTIFIC-ATLANTA INC COM
     92,528.47        37,060.70       1,586.77    Corporate Stock - Common     SCIENTIFIC-ATLANTA INC COM
     11,437.50        12,183.60       3,000.00    Corporate Stock - Common     SCIOS INC
    245,143.75       212,524.16       6,100.00    Corporate Stock - Common     SCOTTS CO CL A
        500.00         1,997.40       2,000.00    Corporate Stock - Common     SCOTTSDALE TECHNOLOGIES INC COM
    805,612.50       427,057.25      34,100.00    Corporate Stock - Common     SCP POOL CORP COM
    334,800.00       358,025.76       7,200.00    Corporate Stock - Common     SCRIPPS E.W INC NEW CL A COM
     16,275.00         9,210.82         100.00    Corporate Stock - Common     SDL INC COM
    823,515.00       270,397.61       5,060.00    Corporate Stock - Common     SDL INC COM
    262,700.00       216,259.48       7,100.00    Corporate Stock - Common     SEAGATE TECH COM
     48,100.00        51,424.53       1,300.00    Corporate Stock - Common     SEAGATE TECH COM
    636,012.50       465,747.75      14,600.00    Corporate Stock - Common     SEAGRAM LTD COM
    744,918.75       772,924.68      17,100.00    Corporate Stock - Common     SEAGRAM LTD COM
    132,305.00       129,519.42       2,815.00    Corporate Stock - Common     SEALED AIR CORP NEW COM STK
    578,100.00       637,916.80      12,300.00    Corporate Stock - Common     SEALED AIR CORP NEW COM STK
    441,018.75       407,755.34      12,900.00    Corporate Stock - Common     SEARS ROEBUCK & CO COM
     49,252.84        49,059.28       1,440.67    Corporate Stock - Common     SEARS ROEBUCK & CO COM
      3,492.50         2,955.05         440.00    Corporate Stock - Common     SECURE COMPUTING CORP COM
         27.00         2,171.00       1,000.00    Corporate Stock - Common     SEDNA GEOTECH INC COM
     82,742.47        19,309.39         815.70    Corporate Stock - Common     SEI INVTS CO COM
    513,273.75       393,259.61       5,060.00    Corporate Stock - Common     SEI INVTS CO COM
      3,700.00         4,103.70         200.00    Corporate Stock - Common     SEMPRA ENERGY INC COM STK
    151,015.50       194,253.97       8,163.00    Corporate Stock - Common     SEMPRA ENERGY INC COM STK
     24,390.50        17,156.25         500.00    Corporate Stock - Common     SEMTECH CORP
    317,076.50       269,289.80       6,500.00    Corporate Stock - Common     SEMTECH CORP
      2,880.00         3,975.06         240.00    Corporate Stock - Common     SENSAR CORP COM
     95,625.00        33,300.86       6,000.00    Corporate Stock - Common     SENSORMATIC ELECTRS CORP COM
     69,575.00       179,146.31       9,200.00    Corporate Stock - Common     SERVICE CORP INTL COM
     52,135.06        69,261.94       4,069.08    Corporate Stock - Common     SERVICEMASTER CO COM
    202,500.00       193,011.10       6,000.00    Corporate Stock - Common     SFX ENTMT INC CL A
     39,375.00        34,595.53         900.00    Corporate Stock - Common     SHARED MED SYS CORP COM
      8,718.75        13,341.19       3,100.00    Corporate Stock - Common     SHELLS SEAFOOD RESTAURANTS INC COM
    122,193.75        94,011.40       5,700.00    Corporate Stock - Common     SHERWIN-WILLIAMS CO COM
        951.56           817.39          75.00    Corporate Stock - Common     SHOP AT HOME INC COM NEW
    161,287.50        95,499.36       2,300.00    Corporate Stock - Common     SIEBEL SYS INC COM
     97,325.00        75,053.95       3,400.00    Corporate Stock - Common     SIGMA-ALDRICH CORP COM
      1,237.50         1,822.38         150.00    Corporate Stock - Common     SIGMATRON INTL INC COM
</TABLE>



                                 Page 89 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    176,594.50       289,103.08      18,712.00    Corporate Stock - Common     SILICON GRAPHICS INC COM
     94,375.00       124,939.00      10,000.00    Corporate Stock - Common     SILICON GRAPHICS INC COM
     60,400.00       186,533.67       6,400.00    Corporate Stock - Common     SILICON GRAPHICS INC COM
     10,600.00         2,428.35         400.00    Corporate Stock - Common     SILICON STORAGE TECH INC COM
         67.90         5,369.74         970.00    Corporate Stock - Common     SILVERADO GOLD MINES LTD COM NEW
      8,625.00         9,701.25       1,500.00    Corporate Stock - Common     SIMON TRANSN SVCS INC CL A
     58,362.50        61,063.10       1,400.00    Corporate Stock - Common     SIMPSON MFG INC COM
        525.00         1,495.86       3,000.00    Corporate Stock - Common     SIMTEK CORP COM
     39,812.50       117,427.23       7,000.00    Corporate Stock - Common     SIMULA INC COM
        125.00           934.59         200.00    Corporate Stock - Common     SINGER CO N V COM
        542.80         1,453.80         100.00    Corporate Stock - Common     SK WHEAT POOL CL B NON VTG COM
     81,132.88        82,418.91       3,311.55    Corporate Stock - Common     SKYWEST INC COM
    683,550.00       566,621.09      27,900.00    Corporate Stock - Common     SKYWEST INC COM
    272,593.75       265,008.12       5,500.00    Corporate Stock - Common     SLM HLDG CORP COM STK
      6,925.00         4,379.95         400.00    Corporate Stock - Common     SMARTSERV ONLINE INC COM NEW
     33,000.00        36,577.50       1,500.00    Corporate Stock - Common     SMITH A O CORP
    307,500.00       407,716.94      12,000.00    Corporate Stock - Common     SMITHFIELD FOODS INC COM
      9,497.81         8,476.24         495.00    Corporate Stock - Common     SMURFIT-STONE CONTAINER CORP COM
     66,550.00        60,353.57       2,200.00    Corporate Stock - Common     SNAP-ON INC COM
    345,000.00       136,212.14         500.00    Corporate Stock - Common     SOFTBANK CORP COM STK ISIN
                                                                                 #JP3436100006SEDOL # 6770620
     73,800.00        71,876.91       2,400.00    Corporate Stock - Common     SOFTNET SYS INC COM
  1,293,287.50     1,014,863.47      15,700.00    Corporate Stock - Common     SOLECTRON CORP COM
     61,781.25        49,604.82         750.00    Corporate Stock - Common     SOLECTRON CORP COM
    749,612.50       437,014.54       9,100.00    Corporate Stock - Common     SOLECTRON CORP COM
     29,700.00        43,004.94       3,300.00    Corporate Stock - Common     SONIC AUTOMOTIVE INC CL A
    147,600.00       245,668.01      16,400.00    Corporate Stock - Common     SONIC AUTOMOTIVE INC CL A
     97,200.00       116,949.96       3,600.00    Corporate Stock - Common     SONIC CORP COM
      2,530.00         4,119.06         110.00    Corporate Stock - Common     SONOCO PROD CO COM
     11,987.50        16,509.38         700.00    Corporate Stock - Common     SOURCE MEDIA INC COM NEW
     10,587.61        11,582.95         452.95    Corporate Stock - Common     SOUTHERN CO COM STK
    539,962.50       441,395.18      23,100.00    Corporate Stock - Common     SOUTHERN CO COM STK
      7,437.50         8,173.70         500.00    Corporate Stock - Common     SOUTHN PERU COPPER CORP COM
    221,231.25       227,489.38       5,700.00    Corporate Stock - Common     SOUTHTRUST CORP COM
    943,143.75       953,019.35      24,300.00    Corporate Stock - Common     SOUTHTRUST CORP COM
     25,780.00        32,505.00      10,000.00    Corporate Stock - Common     SOUTHWESTN GOLD CORP COM
      8,900.45        12,855.50       1,002.87    Corporate Stock - Common     SOVEREIGN BANCORP INC COM
    494,337.50       491,117.25      55,700.00    Corporate Stock - Common     SOVEREIGN BANCORP INC COM
     91,531.25        54,070.50       2,900.00    Corporate Stock - Common     SPARTECH CORP COM NEW
     21,459.94        23,881.98         613.14    Corporate Stock - Common     SPIEKER PPTYS INC
    188,000.00       165,094.10       4,700.00    Corporate Stock - Common     SPRINGS IND INC CL A COM
     24,000.00        22,480.35         600.00    Corporate Stock - Common     SPRINGS IND INC CL A COM
</TABLE>



                                 Page 90 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
  2,039,625.00       518,982.03      29,400.00    Corporate Stock - Common     SPRINT CORP COM
    679,875.00       614,608.80       9,800.00    Corporate Stock - Common     SPRINT CORP COM
  4,537,125.00     4,769,118.48      65,400.00    Corporate Stock - Common     SPRINT CORP COM
     13,875.00         7,254.95         200.00    Corporate Stock - Common     SPRINT CORP COM
     66,977.50        50,510.27         730.00    Corporate Stock - Common     SPRINT CORP PCS COM SER 1
  1,367,075.00       212,623.16      14,900.00    Corporate Stock - Common     SPRINT CORP PCS COM SER 1
    416,455.00       323,970.46       5,590.00    Corporate Stock - Common     SPX CORP COM
     45,400.00        37,259.35       1,600.00    Corporate Stock - Common     SPYGLASS INC COM
        247.50             -             20.00    Corporate Stock - Common     SR HSG PPTYS TR SH BEN INT
     75,703.13        82,744.50       2,850.00    Corporate Stock - Common     ST JUDE MED INC COM
     27,890.63        32,950.88       1,050.00    Corporate Stock - Common     ST JUDE MED INC COM
      8,523.29         9,235.33         282.35    Corporate Stock - Common     ST PAUL COS INC COM
  1,068,637.50       891,948.57      35,400.00    Corporate Stock - Common     ST PAUL COS INC COM
    230,934.38       194,672.65       7,650.00    Corporate Stock - Common     ST PAUL COS INC COM
    712,343.75       710,478.92       9,700.00    Corporate Stock - Common     ST STR CORP COM
    403,906.25       292,405.93       5,500.00    Corporate Stock - Common     ST STR CORP COM
    326,400.00       227,259.96      13,600.00    Corporate Stock - Common     STA CASINOS INC COM
      7,081.88         1,199.95          90.00    Corporate Stock - Common     STAMPS COM INC COM ISIN US8528571016
     93,375.00        69,824.73       3,000.00    Corporate Stock - Common     STANLEY WKS COM
    368,950.00       300,819.09      15,700.00    Corporate Stock - Common     STAPLES INC (RETAIL & DELIVERY)
      2,025.00         3,900.00       5,000.00    Corporate Stock - Common     STAR ENTMT GROUP INC COM
      3,137.20         3,029.95         400.00    Corporate Stock - Common     STAR TELECOMMUNICATIONS INC COM
    202,087.50       192,833.74       7,608.00    Corporate Stock - Common     STARBUCKS CORP COM
      6,125.00         7,997.40       2,000.00    Corporate Stock - Common     STARNET COMMUNICATIONS INTL INC COM
      4,025.00         2,228.65         200.00    Corporate Stock - Common     STARTEC GLOBAL COMMUNICATIONS CORP COM
      7,813.73        12,799.15         350.20    Corporate Stock - Common     STARWOOD HOTELS & RESORTS WORLDWIDE INC
                                                                                 PAIRED CTF 1 CL B SH BEN INT STARWOOD
    172,150.00       170,764.00       8,800.00    Corporate Stock - Common     STATEN IS BANCORP INC COM
      1,225.00         1,605.00         100.00    Corporate Stock - Common     STD MICROSYSTEMS CORP COM
     22,000.00        22,346.41       2,000.00    Corporate Stock - Common     STD PAC CORP NEW COM
     80,300.00        93,905.74       7,300.00    Corporate Stock - Common     STD PAC CORP NEW COM
      2,600.00         5,196.95         200.00    Corporate Stock - Common     STERIS CORP COM
     16,875.00        18,598.97         900.00    Corporate Stock - Common     STERLING BANCORP COM
     51,300.00        80,449.15       3,800.00    Corporate Stock - Common     STEWART INFORMATION SVCS CORP COM
     60,625.00        46,181.05       2,500.00    Corporate Stock - Common     STILLWATER MNG CO COM
    198,581.25       248,234.34       5,100.00    Corporate Stock - Common     STONE ENERGY CORP COM
      9,875.00        12,425.02         500.00    Corporate Stock - Common     STORAGE TECH CORP COM (NEW)
    651,750.00       642,292.22      33,000.00    Corporate Stock - Common     STORAGE TECH CORP COM (NEW)
          0.70         3,959.19         700.00    Corporate Stock - Common     STORMEDIA INC CL A
        267.19           801.07          45.00    Corporate Stock - Common     STRATASYS INC COM
        637.50           585.21          50.00    Corporate Stock - Common     STREAMLINE COM INC COM STK
         21.00         8,869.42       1,400.00    Corporate Stock - Common     STREAMLOGIC CORP
</TABLE>



                                 Page 91 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
        799.20         1,394.01          75.00    Corporate Stock - Common     STRUCTURAL DYNAMICS RESH CORP COM
      5,470.33         8,111.62         607.81    Corporate Stock - Common     STURM RUGER & CO INC COM
     12,600.00        12,357.10       1,400.00    Corporate Stock - Common     STURM RUGER & CO INC COM
    195,750.00       293,343.78       6,000.00    Corporate Stock - Common     SUMMIT BANCORP COM
     28,013.75        24,024.71       1,460.00    Corporate Stock - Common     SUMMIT TECH INC COM
          3.74            96.37          83.00    Corporate Stock - Common     SUN HEALTHCARE GROUP INC COM
  3,464,950.00       255,493.15      26,200.00    Corporate Stock - Common     SUN MICROSYSTEMS INC COM STK $.00067 PAR
    991,875.00       681,168.16       7,500.00    Corporate Stock - Common     SUN MICROSYSTEMS INC COM STK $.00067 PAR
    687,700.00       205,818.67       5,200.00    Corporate Stock - Common     SUN MICROSYSTEMS INC COM STK $.00067 PAR
  1,470,884.50       820,027.96      11,122.00    Corporate Stock - Common     SUN MICROSYSTEMS INC COM STK $.00067 PAR
    581,900.00       460,670.98       4,400.00    Corporate Stock - Common     SUN MICROSYSTEMS INC COM STK $.00067 PAR
    761,637.50       485,624.57      10,900.00    Corporate Stock - Common     SUN TR BANKS INC COM
      6,280.86         9,001.28       1,272.07    Corporate Stock - Common     SUNBEAM CORP COM
      6,675.00         6,825.93         300.00    Corporate Stock - Common     SUNGARD DATA SYS INC COM
    465,745.00       614,382.83      38,020.00    Corporate Stock - Common     SUNGLASS HUT INTL INC COM
     79,243.75       100,047.08       3,100.00    Corporate Stock - Common     SUNOCO INC COM
      6,562.50         5,873.70         500.00    Corporate Stock - Common     SUNRISE ASSISTED LIVING INC COM
        600.00         1,799.50         100.00    Corporate Stock - Common     SUNRISE MED INC COM
     10,437.50         8,234.68       1,000.00    Corporate Stock - Common     SUNRISE TECHNOLOGIES INTL INC COM
        585.94         2,174.86         375.00    Corporate Stock - Common     SUNSHINE MNG & REFNG CO COM NEW
    235,193.75       260,913.02      12,100.00    Corporate Stock - Common     SUPER VALU INC COM
         19.44             -              1.00    Corporate Stock - Common     SUPER VALU INC COM
    460,668.75       562,327.91      23,700.00    Corporate Stock - Common     SUPER VALU INC COM
     91,356.25        69,909.07       4,700.00    Corporate Stock - Common     SUPER VALU INC COM
      1,950.00           974.30         300.00    Corporate Stock - Common     SUPERIOR ENERGY SVCS INC COM
     12,000.00        18,954.85       2,000.00    Corporate Stock - Common     SUPERVISION INTL INC CL A COM STK
      2,250.00         3,872.40       2,000.00    Corporate Stock - Common     SURGICAL SAFETY PRODS INC
      3,000.00         5,297.40      12,000.00    Corporate Stock - Common     SVC MERCHANDISE INC COM
      1,375.00         1,708.30         200.00    Corporate Stock - Common     SWISSRAY INTL INC COM NEW
      8,062.50         4,904.95         500.00    Corporate Stock - Common     SYBASE INC COM
    406,350.00       178,442.98      25,200.00    Corporate Stock - Common     SYBASE INC COM
    420,018.75       462,561.91      17,100.00    Corporate Stock - Common     SYBRON INTL CORP COM
    854,775.00       961,428.53      34,800.00    Corporate Stock - Common     SYBRON INTL CORP COM
    730,856.25       460,548.37      18,300.00    Corporate Stock - Common     SYKES ENTERPRISES INC COM
     11,868.75        17,741.95         900.00    Corporate Stock - Common     SYLVAN LEARNING SYS INC
    817,031.25       496,034.00      17,500.00    Corporate Stock - Common     SYMANTEC CORP COM
     74,700.00        43,558.60       1,600.00    Corporate Stock - Common     SYMANTEC CORP COM
      7,156.51         4,656.70         150.07    Corporate Stock - Common     SYMBOL TECHNOLOGIES INC COM
    643,425.00       294,450.81      18,650.00    Corporate Stock - Common     SYMYX TECHNOLOGIES INC COM
     11,250.00        17,298.13       5,000.00    Corporate Stock - Common     SYNBIOTICS CORP COM
     47,706.25        50,123.31       1,700.00    Corporate Stock - Common     SYNCOR INTL CORP NEW
  1,331,700.00       688,608.08      18,400.00    Corporate Stock - Common     SYNOPSYS INC COM
</TABLE>



                                 Page 92 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    183,000.00       197,228.56       9,150.00    Corporate Stock - Common     SYNOVUS FINL CORP COM
      5,925.00         5,287.80         600.00    Corporate Stock - Common     SYNTROLEUM CORP COM
        152.50        29,604.51      15,250.00    Corporate Stock - Common     SYQUEST TECH INC COM
    426,300.00       140,481.49      11,200.00    Corporate Stock - Common     SYSCO CORP COM
      6,781.25         6,954.36         700.00    Corporate Stock - Common     SYSTEMAX INC COM
        200.00        35,045.00      10,000.00    Corporate Stock - Common     SYSTEMS OF EXCELLENCE INC COM
        425.00        14,591.34       5,000.00    Corporate Stock - Common     SYSTEMSOFT CORP COM
    119,018.75        95,734.38      13,700.00    Corporate Stock - Common     TACO CABANA INC COM
    524,725.00       421,967.77      60,400.00    Corporate Stock - Common     TACO CABANA INC COM
    276,450.00       265,557.92       5,700.00    Corporate Stock - Common     TALBOTS INC
    255,620.00       297,134.12      10,000.00    Corporate Stock - Common     TALISMAN ENERGY IN COM NPV USD LINE
      6,135.00         9,565.12         240.00    Corporate Stock - Common     TALISMAN ENERGY INC COM
     10,125.00         9,517.45         600.00    Corporate Stock - Common     TALK COM INC COM
      1,852.00             -          1,852.00    Corporate Stock - Common     TALK COM INC RT EXP 02-12-2000
         40.00             -             40.00    Corporate Stock - Common     TALK COM INC RT EXP 02-12-2000
        843.75           923.70          50.00    Corporate Stock - Common     TALK CY INC COM ISIN IS8742631067
    498,982.00        75,371.33       6,512.00    Corporate Stock - Common     TANDY CORP COM
      2,162.50         2,900.31         100.00    Corporate Stock - Common     TANGER FACTORY OUTLET CTRS INC COM
     13,125.00        20,355.19       5,000.00    Corporate Stock - Common     TARGETED GENETICS CORP COM
    484,710.00       459,907.77      17,120.00    Corporate Stock - Common     TCF FNCL CORP COM
      5,312.50         8,556.60       5,000.00    Corporate Stock - Common     TEAMSTAFF INC COM
    155,400.00        85,356.64       3,200.00    Corporate Stock - Common     TECHNE CORP COM
      9,828.00        15,567.75      21,000.00    Corporate Stock - Common     TECHNICLONE INTL CORP NEW COM
     27,780.00        30,364.58       1,389.00    Corporate Stock - Common     TECO ENERGY INC COM
    763,692.90       997,801.68      15,900.00    Corporate Stock - Common     TECUMSEH PRODS CO CL A
     16,330.00        14,952.40         920.00    Corporate Stock - Common     TEKELEC COM
    465,050.00       416,238.29      26,200.00    Corporate Stock - Common     TEKELEC COM
     52,700.00        38,138.70       1,550.00    Corporate Stock - Common     TEKTRONIX INC COM
    384,200.00       361,667.74      11,300.00    Corporate Stock - Common     TEKTRONIX INC COM
     40,057.47        16,545.22         300.76    Corporate Stock - Common     TEL & DATA SYS INC COM STK NEW
    133,187.50       120,957.40       1,000.00    Corporate Stock - Common     TEL & DATA SYS INC COM STK NEW
      1,750.00         2,497.40       2,000.00    Corporate Stock - Common     TELECOMM INDS CORP COM
          1.50        13,916.35       1,500.00    Corporate Stock - Common     TELEGROUP INC COM
     12,915.00        10,581.67         615.00    Corporate Stock - Common     TELETECH HLDGS INC COM
     40,442.19        39,461.79         715.00    Corporate Stock - Common     TELIGENT INC CL A COM STK
  1,063,950.00     1,124,555.73      16,400.00    Corporate Stock - Common     TELLABS INC COM
    139,156.88       126,419.41       2,145.00    Corporate Stock - Common     TELLABS INC COM
    862,837.50       224,937.27      13,300.00    Corporate Stock - Common     TELLABS INC COM
    108,775.00        82,812.59       1,900.00    Corporate Stock - Common     TEMPLE INLAND INC COM
    360,675.00       445,289.19       6,300.00    Corporate Stock - Common     TEMPLE INLAND INC COM
    655,512.50       745,625.20      11,450.00    Corporate Stock - Common     TEMPLE INLAND INC COM
      7,625.00        13,245.63       1,000.00    Corporate Stock - Common     TEMPLETON CHINA WORLD FD INC COM
</TABLE>



                                 Page 93 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      3,062.50         4,698.75       3,500.00    Corporate Stock - Common     TENERA INC COM
    234,281.25       210,390.35      10,500.00    Corporate Stock - Common     TENET HEALTHCARE CORP COM
     39,375.00        39,525.00       5,000.00    Corporate Stock - Common     TENNECO AUTOMOTIVE INC COM
    252,662.50       280,169.00       5,800.00    Corporate Stock - Common     TERADYNE INC COM
      8,712.50         8,717.45         200.00    Corporate Stock - Common     TERADYNE INC COM
     15,515.63        10,474.61         250.00    Corporate Stock - Common     TERAYON COMMUNICATION SYS COM
      3,375.00         5,061.20         100.00    Corporate Stock - Common     TERRA NETWORKS S A SPONSORED ADR
  1,139,531.25       676,913.18      18,700.00    Corporate Stock - Common     TEXACO INC COM
  1,358,906.25     1,280,182.52      22,300.00    Corporate Stock - Common     TEXACO INC COM
    111,978.93       101,332.35       1,837.60    Corporate Stock - Common     TEXACO INC COM
    362,418.75       156,394.42       5,100.00    Corporate Stock - Common     TEXTRON INC COM
      3,843.75        10,976.68         500.00    Corporate Stock - Common     THAI FD INC COM
      1,990.63         6,169.06         350.00    Corporate Stock - Common     THERMEDICS INC COM
    450,000.00       541,984.89      30,000.00    Corporate Stock - Common     THERMO ELECTRON CORP COM
      3,000.00         4,055.54         200.00    Corporate Stock - Common     THERMO ELECTRON CORP COM
     79,500.00       193,900.05       5,300.00    Corporate Stock - Common     THERMO ELECTRON CORP COM
      1,476.56         3,499.50         125.00    Corporate Stock - Common     THERMO INSTR SYS INC COM
      3,300.00        23,815.32      44,000.00    Corporate Stock - Common     THERMO TECH TECHNOLOGIES INC COM
      8,125.00        14,642.03       1,000.00    Corporate Stock - Common     THERMOTREX CORP COM
      4,462.50         7,197.41         280.00    Corporate Stock - Common     THESTREET COM INC COM
     77,900.00        67,422.36       1,900.00    Corporate Stock - Common     THOMAS & BETTS CORP COM
    481,731.25       546,868.99      12,100.00    Corporate Stock - Common     THREE COM CORP COMMON STOCK
    202,287.31       142,263.53       5,081.00    Corporate Stock - Common     THREE COM CORP COMMON STOCK
        183.00         3,434.95       1,000.00    Corporate Stock - Common     THRILLTIME ENTMT INTL INC COM STK
      6,387.50         6,928.46         200.00    Corporate Stock - Common     TIDEWATER INC COM
    469,481.25       478,826.04      14,700.00    Corporate Stock - Common     TIDEWATER INC COM
    443,931.25       366,526.32      13,900.00    Corporate Stock - Common     TIDEWATER INC COM
  1,194,462.50     1,089,493.61      37,400.00    Corporate Stock - Common     TIDEWATER INC COM
    860,250.00       682,815.90      11,100.00    Corporate Stock - Common     TIFFANY & CO COM
      3,591.00         3,123.33         266.00    Corporate Stock - Common     TIMBERLINE SOFTWARE CORP COM
  2,701,912.50     1,124,617.75      43,800.00    Corporate Stock - Common     TIME WARNER INC COM
     12,342.13        12,799.41         200.08    Corporate Stock - Common     TIME WARNER INC COM
  1,499,006.25     1,128,552.25      24,300.00    Corporate Stock - Common     TIME WARNER INC COM
  1,536,018.75     1,526,350.25      24,900.00    Corporate Stock - Common     TIME WARNER INC COM
    154,950.00        73,570.75       2,400.00    Corporate Stock - Common     TIMES MIRROR CO SER A NEW COM STK
    252,450.00       219,021.00      13,200.00    Corporate Stock - Common     TIMKEN CO COM
     40,162.50        37,383.52       2,100.00    Corporate Stock - Common     TIMKEN CO COM
      3,450.00         2,519.95         240.00    Corporate Stock - Common     TITAN PHARMACEUTICALS INC DEL COM
    735,868.75       638,247.38      28,100.00    Corporate Stock - Common     TJX COS INC COM NEW
     26,187.50        24,133.31       1,000.00    Corporate Stock - Common     TJX COS INC COM NEW
    282,825.00        88,439.34      10,800.00    Corporate Stock - Common     TJX COS INC COM NEW
    828,661.25       419,533.10       8,740.00    Corporate Stock - Common     TMP WORLDWIDE INC COM
</TABLE>



                                 Page 94 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    141,212.50       178,649.02       7,900.00    Corporate Stock - Common     TOLL BROS INC COM
  1,098,275.00     1,487,407.62      44,600.00    Corporate Stock - Common     TOMMY HILFIGER ORD SH
    342,287.50       381,438.53      13,900.00    Corporate Stock - Common     TOMMY HILFIGER ORD SH
        148.00             -              8.00    Corporate Stock - Common     TOO INC COM STK
        180.00         6,411.50       1,500.00    Corporate Stock - Common     TOPPERS BRICK OVEN PIZZA COM STK
     11,375.00         8,248.27       1,000.00    Corporate Stock - Common     TOPPS INC COM
    170,625.00       162,546.00      15,000.00    Corporate Stock - Common     TOPPS INC COM
    142,875.00        88,721.63       4,500.00    Corporate Stock - Common     TORCHMARK CORP COM
    126,506.25       141,618.15       3,900.00    Corporate Stock - Common     TORO CO COM
    140,725.00       138,177.00       5,200.00    Corporate Stock - Common     TOSCO CORP COM NEW
          2.50           740.77         100.00    Corporate Stock - Common     TOUR CFG INC COM STK
    276,000.00       360,379.14      18,400.00    Corporate Stock - Common     TOWER AUTOMOTIVE INC COM
    855,000.00     1,016,739.08      57,000.00    Corporate Stock - Common     TOWER AUTOMOTIVE INC COM
     17,500.00        18,800.49       1,000.00    Corporate Stock - Common     TOYS R US INC (HOLDING COMPANY)
    146,125.00       234,253.74       8,350.00    Corporate Stock - Common     TOYS R US INC (HOLDING COMPANY)
     25,850.00        52,223.68      55,000.00    Corporate Stock - Common     TRACKPOWER INC COM
    117,656.50       336,094.92      36,202.00    Corporate Stock - Common     TRANS WORLD AIRLS INC COM PAR $.01 NEW
      1,668.75         1,970.58         150.00    Corporate Stock - Common     TRANSCANADA PIPELINES LTD COM
      6,562.00        18,233.45       2,000.00    Corporate Stock - Common     TRANSCOASTAL MARINE SVCS INC COM
        153.75           238.12          60.00    Corporate Stock - Common     TRANSNET CORP COM
     10,000.00        10,059.90       1,000.00    Corporate Stock - Common     TRAVEL SVCS INTL INC COM
        200.00         9,293.01       4,000.00    Corporate Stock - Common     TREESOURCE INDS INC COM
     69,525.00        52,641.15       2,700.00    Corporate Stock - Common     TREX INC COM
         61.88             -              5.00    Corporate Stock - Common     TRIAD HOSPS INC COM ISIN US89579K1097
    384,500.00       118,779.17       8,000.00    Corporate Stock - Common     TRIBUNE CO COM
    148,993.75       160,991.37       3,100.00    Corporate Stock - Common     TRIBUNE CO COM
    216,630.00        87,908.80       5,220.00    Corporate Stock - Common     TRICON GLOBAL RESTAURANT INC
      2,075.00         1,362.62          50.00    Corporate Stock - Common     TRICON GLOBAL RESTAURANT INC
      3,300.00         1,110.05         600.00    Corporate Stock - Common     TRICORD SYS INC COM
     12,600.00         8,440.04       1,200.00    Corporate Stock - Common     TRIDENT MICROSYSTEMS INC COM
    373,856.25       459,637.80      12,700.00    Corporate Stock - Common     TRIGON HEALTHCARE INC CL A COM
    288,487.50       295,125.06       9,800.00    Corporate Stock - Common     TRIGON HEALTHCARE INC CL A COM
      2,943.75         3,186.20         100.00    Corporate Stock - Common     TRIGON HEALTHCARE INC CL A COM
     10,125.00        10,994.03         600.00    Corporate Stock - Common     TRIMBLE NAV LTD COM
    374,400.00       410,834.09      12,800.00    Corporate Stock - Common     TRINITY IND INC COM
    692,917.50       358,945.26       8,140.00    Corporate Stock - Common     TRIQUINT SEMICONDUCTOR INC COM
         25.00         4,009.59       1,000.00    Corporate Stock - Common     TRITEAL CORP COM
    438,056.25       313,579.65      18,300.00    Corporate Stock - Common     TRITON ENERGY LTD CL A ORD
      4,675.00         3,711.98         100.00    Corporate Stock - Common     TRITON PCS HLDGS INC CL A COM STK
    470,185.63       348,016.19      11,810.00    Corporate Stock - Common     TRUE N. COMMUNICATIONS
    269,100.00       266,263.92      11,700.00    Corporate Stock - Common     TRUSTMARK CORP COM
    213,968.75       138,183.13       4,100.00    Corporate Stock - Common     TRW INC COM
</TABLE>



                                 Page 95 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
<S>              <C>              <C>             <C>                          <C>
      1,550.00         2,942.48         200.00    Corporate Stock - Common     TSR INC COM
        712.50         1,073.02          50.00    Corporate Stock - Common     TUBOSCOPE INC COM
    410,500.00       375,559.54      16,420.00    Corporate Stock - Common     TUESDAY MORNING CORP COM NEW
                                                                                 ISIN US8990355054
     35,625.00        44,343.90       2,000.00    Corporate Stock - Common     TUPPERWARE CORP COM
     31,700.00        28,390.16         800.00    Corporate Stock - Common     TUT SYS INC COM
      6,125.00        17,724.47       7,000.00    Corporate Stock - Common     TVX GOLD INC COM
    195,000.00       172,500.00      20,000.00    Corporate Stock - Common     TWINLAB CORP COM
      4,250.00         4,204.09       1,000.00    Corporate Stock - Common     TX BIOTECHNOLOGY CORP COM ISIN
                                                                                 US88221T1043
    184,875.00       173,304.45       5,100.00    Corporate Stock - Common     TX INDS INC
  2,305,500.00     2,022,279.72      24,000.00    Corporate Stock - Common     TX INSTRS INC COM
    170,259.64       123,160.84       1,772.38    Corporate Stock - Common     TX INSTRS INC COM
    797,318.75       640,732.26       8,300.00    Corporate Stock - Common     TX INSTRS INC COM
  2,555,262.50       331,560.66      26,600.00    Corporate Stock - Common     TX INSTRS INC COM
    122,529.14       136,804.74       3,421.41    Corporate Stock - Common     TX UTILS CO COM
    658,950.00       682,374.44      18,400.00    Corporate Stock - Common     TX UTILS CO COM
    333,772.50       358,677.93       9,320.00    Corporate Stock - Common     TX UTILS CO COM
  2,272,264.88     1,081,737.44      56,718.00    Corporate Stock - Common     TYCO INTL LTD NEW COM
  1,987,100.00     1,304,360.82      49,600.00    Corporate Stock - Common     TYCO INTL LTD NEW COM
  1,273,987.50     1,030,301.85      31,800.00    Corporate Stock - Common     TYCO INTL LTD NEW COM
    136,221.83       136,111.94       3,400.23    Corporate Stock - Common     TYCO INTL LTD NEW COM
  5,496,575.00     4,338,176.36     137,200.00    Corporate Stock - Common     TYCO INTL LTD NEW COM
      1,684.38        14,384.64       1,925.00    Corporate Stock - Common     U S DIAGNOSTIC INC COM
     66,950.00        90,320.88       2,600.00    Corporate Stock - Common     U S HOME CORP NEW COM
     11,000.00        12,029.95       1,000.00    Corporate Stock - Common     U S PLASTIC LMBR CORP
      7,437.50        10,757.90         500.00    Corporate Stock - Common     U S RESTAURANT PPTYS INC COM
     34,808.87        22,712.67         560.87    Corporate Stock - Common     U S WEST INC NEW COM
  1,060,834.31       628,773.33      17,093.00    Corporate Stock - Common     U S WEST INC NEW COM
     18,750.00        20,600.00      20,000.00    Corporate Stock - Common     U S WIRELESS DATA INC
     67,050.00        78,632.71       2,400.00    Corporate Stock - Common     U.S AIR GROUP COM
    145,191.19       183,844.10       5,197.00    Corporate Stock - Common     U.S AIR GROUP COM
      5,943.75         5,020.58          50.00    Corporate Stock - Common     U.S. CELLULAR CORP COM
  1,271,962.50       598,901.94      10,700.00    Corporate Stock - Common     U.S. CELLULAR CORP COM
    830,843.75       797,770.52      12,085.00    Corporate Stock - Common     UAL CORP COM STK PAR $0.01
125,173,881.30   121,829,649.60   1,820,711.00    Corporate Stock - Common     UAL CORP COM STK PAR $0.01
     83,300.00        77,572.18       3,400.00    Corporate Stock - Common     UICI COM
     12,250.00        54,062.06       7,000.00    Corporate Stock - Common     ULTRADATA SYS INC COM
      3,062.50         3,342.45         500.00    Corporate Stock - Common     ULTRALIFE BATTERIES INC
    116,437.50       120,572.90       4,600.00    Corporate Stock - Common     ULTRAMAR-DIAMOND SHAMROCK CORP COM STK
    453,093.75       631,184.25      17,900.00    Corporate Stock - Common     ULTRAMAR-DIAMOND SHAMROCK CORP COM STK
    255,656.25       237,335.40      13,500.00    Corporate Stock - Common     ULTRATECH STEPPER INC COM
</TABLE>



                                 Page 96 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
     33,102.75        30,993.37       1,748.00    Corporate Stock - Common     ULTRATECH STEPPER INC COM
    859,950.00       634,220.00      14,700.00    Corporate Stock - Common     UN CARBIDE CORP COM
    263,250.00       118,478.22       4,500.00    Corporate Stock - Common     UN CARBIDE CORP COM
      1,112.50         1,562.00         100.00    Corporate Stock - Common     UN CMNTY BANCORP COM
    395,325.00       340,375.90       8,400.00    Corporate Stock - Common     UN PAC CORP COM
  1,058,906.25     1,198,621.60      22,500.00    Corporate Stock - Common     UN PAC CORP COM
  1,694,250.00     1,590,082.20      36,000.00    Corporate Stock - Common     UN PAC CORP COM
    111,436.19       187,969.50       8,531.00    Corporate Stock - Common     UN PAC RES GROUP INC COM
    794,200.00     1,353,393.23      60,800.00    Corporate Stock - Common     UN PAC RES GROUP INC COM
     40,011.15        33,374.55         938.68    Corporate Stock - Common     UN PLANTERS CORP COM
    204,600.00       236,884.66       4,800.00    Corporate Stock - Common     UN PLANTERS CORP COM
    236,337.50       213,754.05       7,400.00    Corporate Stock - Common     UNICOM CORP COM
  1,498,125.00     1,358,530.87      34,000.00    Corporate Stock - Common     UNIONBANCAL CORP COM
    850,406.25       608,846.36      19,300.00    Corporate Stock - Common     UNIONBANCAL CORP COM
      5,625.00         5,668.18         500.00    Corporate Stock - Common     UNISOURCE ENERGY CORP COM
    299,000.00       210,618.16      10,400.00    Corporate Stock - Common     UNISYS CORP COM
     32,401.25        33,270.20       1,127.00    Corporate Stock - Common     UNISYS CORP COM
    184,975.00       193,418.80       2,800.00    Corporate Stock - Common     UNITED PARCEL SVC INC CL B
  1,281,506.25       488,395.31      12,300.00    Corporate Stock - Common     UNITEDGLOBALCOM CL A
     12,516.61        10,042.12         445.04    Corporate Stock - Common     UNITIL CORP COM
        550.00         1,723.47         200.00    Corporate Stock - Common     UNIVIEW TECHNOLOGIES CORP COM PAR $0.10
    272,137.50       225,591.32       8,200.00    Corporate Stock - Common     UNOCAL CORP COM
  1,095,187.50     1,301,946.91      33,000.00    Corporate Stock - Common     UNOCAL CORP COM
    223,125.00       302,617.54      17,000.00    Corporate Stock - Common     UNOVA INC COM
    263,886.50       316,514.70       8,104.00    Corporate Stock - Common     UNUMPROVIDENT CORP COM
    131,006.25       111,027.64       5,100.00    Corporate Stock - Common     UNVL CORP VA COM
    225,250.00       240,037.00      10,600.00    Corporate Stock - Common     UNVL FOODS CORP COM
          2.40           418.25         600.00    Corporate Stock - Common     UNVL MED SYS INC
      9,875.00        11,779.95         500.00    Corporate Stock - Common     URBAN OUTFITTERS INC
     10,375.00         8,185.00       2,000.00    Corporate Stock - Common     UROLOGIX INC COM
        144.34         2,213.19         140.00    Corporate Stock - Common     UROMED CORP COM NEW
     74,100.00       101,228.20       3,800.00    Corporate Stock - Common     URS CORP NEW COM
    847,918.38       450,795.67      24,802.00    Corporate Stock - Common     US BANCORP DEL INC COM
    520,912.50       658,052.61      28,740.00    Corporate Stock - Common     US FOODSERVICE COM STK
    195,750.00       221,116.50      10,800.00    Corporate Stock - Common     US FOODSERVICE COM STK
      3,774.40        10,328.65         800.00    Corporate Stock - Common     US ONCOLOGY INC COM
  1,412,000.00     1,352,378.38      35,300.00    Corporate Stock - Common     USA NETWORKS INC COM STK
      2,957.50        74,873.72       9,464.00    Corporate Stock - Common     USA TALKS COM INC COM
      3,437.50         4,998.84       1,000.00    Corporate Stock - Common     USA TECHNOLOGIES INC COM NEW
      1,650.00         1,842.45         200.00    Corporate Stock - Common     USEC INC COM
    146,850.00       161,846.50      17,800.00    Corporate Stock - Common     USEC INC COM
    296,425.00       251,757.94       7,100.00    Corporate Stock - Common     USFREIGHTWAYS CORP COM
</TABLE>



                                 Page 97 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
    751,500.00       505,405.50      18,000.00    Corporate Stock - Common     USFREIGHTWAYS CORP COM
    526,025.00       542,930.50      10,600.00    Corporate Stock - Common     USG CORP COM NEW
     19,129.56        14,655.05         349.00    Corporate Stock - Common     USINTERNETWORKING INC COM
    157,087.50       148,860.28       5,900.00    Corporate Stock - Common     UST INC COM
    771,975.00       707,314.77      29,200.00    Corporate Stock - Common     USX - MARATHON GROUP COM NEW
     14,984.54        14,583.60         566.79    Corporate Stock - Common     USX - MARATHON GROUP COM NEW
    277,593.75       249,844.80      10,500.00    Corporate Stock - Common     USX - MARATHON GROUP COM NEW
     75,937.50        92,210.97       3,000.00    Corporate Stock - Common     USX-US STEEL GROUP COM
     11,390.63        10,748.94         450.00    Corporate Stock - Common     USX-US STEEL GROUP COM
    442,968.75       419,766.52      17,500.00    Corporate Stock - Common     USX-US STEEL GROUP COM
      1,068.75         1,542.45         100.00    Corporate Stock - Common     UTD CMNTY FINL CORP OH COM
     16,905.00        30,320.23         980.00    Corporate Stock - Common     UTD RENTALS INC COM
    920,950.00       361,585.44      16,300.00    Corporate Stock - Common     UTD TECHNOLOGIES CORP COM
     11,300.00        11,806.87         200.00    Corporate Stock - Common     UTD TECHNOLOGIES CORP COM
  1,582,000.00     1,555,891.32      28,000.00    Corporate Stock - Common     UTD TECHNOLOGIES CORP COM
     85,050.00        85,096.20       4,200.00    Corporate Stock - Common     UTI ENERGY CORP COM
    416,587.50       388,784.57      20,700.00    Corporate Stock - Common     UTILICORP UNITED INC COM
    121,531.50       107,250.57       4,068.00    Corporate Stock - Common     V F CORP COM
    161,325.00       161,792.10       5,400.00    Corporate Stock - Common     V F CORP COM
    494,156.25       460,866.20      12,550.00    Corporate Stock - Common     VALASSIS COMMUNICATIONS INC COM
    631,968.75       314,644.31      16,050.00    Corporate Stock - Common     VALASSIS COMMUNICATIONS INC COM
      3,650.00         2,729.95         400.00    Corporate Stock - Common     VALENCE TECH INC COM
    390,307.50       364,358.44       9,960.00    Corporate Stock - Common     VALSPAR CORP COM
      6,250.00         6,342.45         500.00    Corporate Stock - Common     VALUE AMER INC COM
    351,000.00       188,515.96       7,800.00    Corporate Stock - Common     VALUEVISION INTL INC COM
     27,787.50        44,440.72       2,600.00    Corporate Stock - Common     VARCO INTL INC COM
    181,687.50       187,244.80      17,000.00    Corporate Stock - Common     VARCO INTL INC COM
    417,360.00       356,767.49      17,760.00    Corporate Stock - Common     VARIAN SEMICONDUCTOR EQUIPTMENT ASSOCS
                                                                                 INC COM
      2,650.00         2,204.95         200.00    Corporate Stock - Common     VDI MULTIMEDIA COM
      4,137.50         2,773.70         100.00    Corporate Stock - Common     VEECO INSTRS INC DEL COM
    405,475.00       346,845.81       9,800.00    Corporate Stock - Common     VEECO INSTRS INC DEL COM
      6,648.00         6,850.00       2,000.00    Corporate Stock - Common     VELVET EXPL LTD COM STK
    198,687.50       218,197.75      28,900.00    Corporate Stock - Common     VENATOR GROUP INC COM STK
         10.00         6,703.92       1,000.00    Corporate Stock - Common     VENTURE SEISMIC LTD COM
     18,581.25        11,511.20         100.00    Corporate Stock - Common     VERISIGN INC COM
  1,077,712.50       315,328.60       5,800.00    Corporate Stock - Common     VERISIGN INC COM
      7,281.25         8,622.08         500.00    Corporate Stock - Common     VERITAS DGC INC COM
    398,430.00       730,873.51      27,360.00    Corporate Stock - Common     VERITAS DGC INC COM
    100,481.25       109,624.10       6,900.00    Corporate Stock - Common     VERITAS DGC INC COM
    339,306.25       480,910.88      23,300.00    Corporate Stock - Common     VERITAS DGC INC COM
     13,734.38        12,104.95         150.00    Corporate Stock - Common     VERITAS SOFTWARE CORP
</TABLE>



                                 Page 98 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>              <C>           <C>                          <C>
        370.00           614.71         160.00    Corporate Stock - Common     VERSAR INC COM
      5,257.50         3,264.49          60.00    Corporate Stock - Common     VERTICALNET INC OC-COM
     15,622.90        11,181.50         100.00    Corporate Stock - Common     VESTAS WIND SYS COM ISIN# DK0010242056
  1,174,100.00       453,727.59      23,600.00    Corporate Stock - Common     VIACOM COM CL B
  1,651,700.00     1,400,887.80      33,200.00    Corporate Stock - Common     VIACOM COM CL B
      2,143.75         5,804.95         350.00    Corporate Stock - Common     VIASOFT INC COM
     37,800.00        38,149.43         900.00    Corporate Stock - Common     VIATEL INC COM
      6,506.25         4,462.72         300.00    Corporate Stock - Common     VICAL INC COM
      1,187.50         1,375.67         500.00    Corporate Stock - Common     VIDEOLABS INC COM
      7,218.75         9,307.53       3,300.00    Corporate Stock - Common     VIEW SYS INC COM
    161,381.25       161,130.82      15,100.00    Corporate Stock - Common     VINTAGE PETE INC COM
      2,218.00         4,311.15       1,000.00    Corporate Stock - Common     VIRTUAL TECH CORP COM
        175.00         1,706.00       1,000.00    Corporate Stock - Common     VIRTUALSELLERS COM INC COM
     14,468.75        14,811.20         500.00    Corporate Stock - Common     VISHAY INTERTECHNOLOGY INC COM
      1,500.00         2,483.72         500.00    Corporate Stock - Common     VISTA INFORMATION SOLUTIONS INC COM NEW
      1,275.00         3,412.00         100.00    Corporate Stock - Common     VISUAL DATA CORP COM NEW
        318.25        13,081.75       3,350.00    Corporate Stock - Common     VISUAL EDGE SYS INC COM
    156,288.44       151,734.82       2,015.00    Corporate Stock - Common     VISX INC DEL COM
    183,047.50       187,317.21       2,360.00    Corporate Stock - Common     VISX INC DEL COM
    775,625.00       306,447.69      10,000.00    Corporate Stock - Common     VISX INC DEL COM
    135,187.50        37,832.96       3,000.00    Corporate Stock - Common     VITESSE SEMICONDUCTOR CORP COM
      9,981.25         8,200.00         100.00    Corporate Stock - Common     VITRIA TECHNOLOGY INC COM
      2,745.00         5,268.10       1,220.00    Corporate Stock - Common     VIVUS INC COM
    179,076.56       147,696.76       3,795.00    Corporate Stock - Common     VODAFONE AIRTOUCH PLC
  1,307,093.75     1,125,642.67      27,700.00    Corporate Stock - Common     VODAFONE AIRTOUCH PLC
        138.00         9,721.50       4,600.00    Corporate Stock - Common     VOICE POWERED TECH INTL INC COM
    512,910.00       150,112.21       5,560.00    Corporate Stock - Common     VOICESTREAM WIRELESS CORP COM
         98.81           129.63          17.00    Corporate Stock - Common     VORNADO OPER CO COM
          2.43         5,105.73       1,213.00    Corporate Stock - Common     VOXEL COM
      5,655.00        12,158.77       1,560.00    Corporate Stock - Common     VTEL CORP
     31,900.00        39,155.60       8,800.00    Corporate Stock - Common     VTEL CORP
    136,850.00       164,084.00       3,400.00    Corporate Stock - Common     VULCAN MATERIALS CO COM
      1,250.00        12,725.00       5,000.00    Corporate Stock - Common     W COAST ENTMT CORP COM
    569,821.00       533,929.91      19,649.00    Corporate Stock - Common     WA MUT INC COM
    843,900.00     1,185,845.53      29,100.00    Corporate Stock - Common     WA MUT INC COM
     49,322.59        54,979.48       1,700.78    Corporate Stock - Common     WA MUT INC COM
    534,318.75       367,216.09       6,900.00    Corporate Stock - Common     WACHOVIA CORP COM NEW
     39,028.50        12,470.20         504.00    Corporate Stock - Common     WACHOVIA CORP COM NEW
     13,268.75        26,334.57       1,100.00    Corporate Stock - Common     WACKENHUT CORRECTIONS CORP COM
    434,963.13       440,193.88      17,530.00    Corporate Stock - Common     WADDELL & REED FINL INC CL A COM
      5,405.00        49,297.81      23,000.00    Corporate Stock - Common     WADE COOK FINL CORP COM
  8,684,087.50     1,972,297.46     150,700.00    Corporate Stock - Common     WAL-MART STORES INC COM
</TABLE>



                                 Page 99 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
  3,250,050.00     1,705,973.98      56,400.00    Corporate Stock - Common     WAL-MART STORES INC COM
    483,997.16       387,345.97       8,399.08    Corporate Stock - Common     WAL-MART STORES INC COM
    916,237.50       504,688.54      15,900.00    Corporate Stock - Common     WAL-MART STORES INC COM
  1,502,850.00     1,324,348.39      51,600.00    Corporate Stock - Common     WALGREEN CO COM
    174,043.34       136,836.20       5,975.74    Corporate Stock - Common     WALGREEN CO COM
    990,250.00       240,471.93      34,000.00    Corporate Stock - Common     WALGREEN CO COM
     28,689.38        30,640.44       1,430.00    Corporate Stock - Common     WALLACE COMPUTER SVCS INC COM
  5,219,812.50     3,689,288.28      58,200.00    Corporate Stock - Common     WARNER LAMBERT CO COM
  1,058,312.50       821,176.46      11,800.00    Corporate Stock - Common     WARNER LAMBERT CO COM
  5,148,062.50     4,014,140.61      57,400.00    Corporate Stock - Common     WARNER LAMBERT CO COM
     35,930.52        28,001.25         400.62    Corporate Stock - Common     WARNER LAMBERT CO COM
  2,600,937.50       562,630.14      29,000.00    Corporate Stock - Common     WARNER LAMBERT CO COM
    220,440.00       260,400.00      10,560.00    Corporate Stock - Common     WASH FED INC COM
    285,750.00       288,059.65         500.00    Corporate Stock - Common     WASH POST CO CL B COM
     50,999.24        72,819.29       3,138.42    Corporate Stock - Common     WASTE MGMT INC DEL COM STK
    340,063.75     1,001,919.86      20,927.00    Corporate Stock - Common     WASTE MGMT INC DEL COM STK
    119,000.00       147,726.62       3,200.00    Corporate Stock - Common     WATSON PHARMACEUTICALS INC COM
     43,137.50        46,377.54       1,160.00    Corporate Stock - Common     WATSON PHARMACEUTICALS INC COM
      4,927.50         8,376.02         365.00    Corporate Stock - Common     WAVE SYS CORP CL A
     16,032.93        17,519.92         700.89    Corporate Stock - Common     WEBB DEL CORP COM
    153,262.50       153,906.00       6,700.00    Corporate Stock - Common     WEBB DEL CORP COM
    402,600.00       399,599.12      17,600.00    Corporate Stock - Common     WEBB DEL CORP COM
     45,262.50        52,557.63       1,700.00    Corporate Stock - Common     WEBSTER FNCL CORP WATERBURY CONN COM
      5,756.25         3,992.45         100.00    Corporate Stock - Common     WEBTRENDS CORP COM
      3,150.00         2,938.20       1,200.00    Corporate Stock - Common     WEGENER CORP COM
    324,393.75       292,412.04       7,900.00    Corporate Stock - Common     WEIS MKT INC COM
    126,637.50       190,322.00       2,200.00    Corporate Stock - Common     WELLPOINT HLTH NETWORKS INC CL A (NEW)
                                                                                 DELAW EFF 8-4-97
    575,625.00       585,272.06      10,000.00    Corporate Stock - Common     WELLPOINT HLTH NETWORKS INC CL A (NEW)
                                                                                 DELAW EFF 8-4-97
  2,596,095.00       838,978.04      55,830.00    Corporate Stock - Common     WELLS FARGO & CO NEW COM STK
    976,500.00       771,419.65      21,000.00    Corporate Stock - Common     WELLS FARGO & CO NEW COM STK
    999,750.00       141,678.09      21,500.00    Corporate Stock - Common     WELLS FARGO & CO NEW COM STK
     18,809.25        12,714.73         404.50    Corporate Stock - Common     WELLS FARGO & CO NEW COM STK
     90,456.25        65,215.25       4,100.00    Corporate Stock - Common     WENDY S INTL INC COM
         76.36            80.10           3.46    Corporate Stock - Common     WENDY S INTL INC COM
    306,830.00       360,098.76       9,760.00    Corporate Stock - Common     WESTAMERICA BANCORPORATION COM
      9,093.00         7,548.90       1,000.00    Corporate Stock - Common     WESTELL TECHNOLOGIES INC CL A
     34,136.00        50,532.45      34,000.00    Corporate Stock - Common     WESTN COPPER HLDGS LTD COM
      4,528.13        11,212.09       1,150.00    Corporate Stock - Common     WESTN DIGITAL CORP COM
     79,187.50        88,766.60       7,000.00    Corporate Stock - Common     WESTN GAS RES INC COM
         52.00           952.27       2,000.00    Corporate Stock - Common     WESTN PAC AIRLS INC COM
</TABLE>



                                Page 100 of 126


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
      4,671.88         5,217.45         250.00    Corporate Stock - Common     WESTN RES INC COM
    250,412.50       519,515.77      13,400.00    Corporate Stock - Common     WESTN RES INC COM
    551,658.75       198,979.74       9,420.00    Corporate Stock - Common     WESTN WIRELESS CORP CL A
    624,881.25       619,093.74      20,700.00    Corporate Stock - Common     WESTVACO CORP COM
    493,263.75       505,646.20      16,340.00    Corporate Stock - Common     WESTVACO CORP COM
    101,128.13        82,689.89       3,350.00    Corporate Stock - Common     WESTVACO CORP COM
    486,937.50       332,912.81       7,950.00    Corporate Stock - Common     WEYERHAEUSER CO COM
    275,625.00       287,291.25       4,500.00    Corporate Stock - Common     WEYERHAEUSER CO COM
  1,163,750.00       701,953.98      19,000.00    Corporate Stock - Common     WEYERHAEUSER CO COM
    232,750.00       224,594.44       3,800.00    Corporate Stock - Common     WEYERHAEUSER CO COM
         60.00         1,899.90       3,000.00    Corporate Stock - Common     WEYMIN MNG CORP COM
    359,900.00       385,485.35       5,900.00    Corporate Stock - Common     WHIRLPOOL CORP COM
    915,000.00       588,706.38      15,000.00    Corporate Stock - Common     WHIRLPOOL CORP COM
    158,600.00       115,151.09       2,600.00    Corporate Stock - Common     WHIRLPOOL CORP COM
         45.00         4,507.03         500.00    Corporate Stock - Common     WHITEHALL ENTERPRISES INC COM
     41,278.13        38,949.25       1,050.00    Corporate Stock - Common     WHOLE FOODS MKT INC COM
     48,812.50        51,040.00       5,500.00    Corporate Stock - Common     WHX CORP COM
    361,237.50       360,958.23      10,140.00    Corporate Stock - Common     WILD OATS MKTS INC COM
    157,225.00       129,283.79       3,800.00    Corporate Stock - Common     WILLAMETTE IND INC COM
     70,337.50        73,709.45       1,700.00    Corporate Stock - Common     WILLAMETTE IND INC COM
     15,250.00         1,895.45       1,000.00    Corporate Stock - Common     WILLAMETTE VY VINEYARD INC COM
    496,125.00       252,068.40      14,700.00    Corporate Stock - Common     WILLIAMS CO INC COM
      1,215.00         1,684.76          36.00    Corporate Stock - Common     WILLIAMS CO INC COM
      2,981.25         3,293.25         100.00    Corporate Stock - Common     WILLIAMS COMMUNICATIONS GROUP INC COM
        812.40         1,192.65         400.00    Corporate Stock - Common     WILLIAMS CTLS INC COM
     15,525.00        12,072.25         450.00    Corporate Stock - Common     WIND RIV SYS INC COM
    130,937.50       129,577.00       5,000.00    Corporate Stock - Common     WINN-DIXIE STORES INC COM
    350,175.00       375,303.42       6,900.00    Corporate Stock - Common     WINSTAR COMMUNICATIONS INC COM
     10,150.00         8,984.90         200.00    Corporate Stock - Common     WINSTAR COMMUNICATIONS INC COM
     10,800.00         9,829.95         200.00    Corporate Stock - Common     WIRELESS FACS INC COM
      1,987.50         3,030.00         100.00    Corporate Stock - Common     WIS ENERGY COM
    457,125.00       572,290.40      23,000.00    Corporate Stock - Common     WIS ENERGY COM
      2,812.50         3,373.70       1,000.00    Corporate Stock - Common     WISER OIL CO DEL COM
     21,450.00        22,049.87       1,100.00    Corporate Stock - Common     WIT CAP GROUP INC COM STK
    112,612.50       119,926.62       9,900.00    Corporate Stock - Common     WMS INDS INC COM
     47,703.94        47,721.13       3,141.00    Corporate Stock - Common     WORLD ACCESS INC (NEW)
      1,387.20         2,222.34       1,200.00    Corporate Stock - Common     WORLD WIDE WIRELESS COMMUNICATIONS INC COM
     50,400.00        50,979.78       3,150.00    Corporate Stock - Common     WORTHINGTON INDS INC COM
    321,440.00       335,825.21      20,090.00    Corporate Stock - Common     WORTHINGTON INDS INC COM
     89,600.00        69,721.27       5,600.00    Corporate Stock - Common     WORTHINGTON INDS INC COM
    324,431.25       137,277.35       3,900.00    Corporate Stock - Common     WRIGLEY WM JR CO CAP
</TABLE>



                                Page 101 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
<S>                  <C>             <C>          <C>                          <C>
        660.94         5,341.84         235.00    Corporate Stock - Common     WYNDHAM INTL INC CL A
        235.00             -            235.00    Corporate Stock - Common     WYNDHAM INTL INC RT PUR PFD CONV SER A
      2,781.00         6,964.44       1,000.00    Corporate Stock - Common     XATA CORP COM NEW
    607,715.50       436,975.30      22,456.00    Corporate Stock - Common     XEROX CORP COM
     28,415.65        30,147.08       1,050.00    Corporate Stock - Common     XEROX CORP COM
    649,500.00       466,950.77      24,000.00    Corporate Stock - Common     XEROX CORP COM
      1,900.00           855.80         200.00    Corporate Stock - Common     XICOR INC COM
    474,350.00       466,188.00       5,300.00    Corporate Stock - Common     XILINX INC COM
    161,995.00       101,927.51       1,810.00    Corporate Stock - Common     XILINX INC COM
     15,000.00        26,924.98       5,000.00    Corporate Stock - Common     XOMA CORPORATION COM BERMUDA
    438,477.75       356,288.17       2,061.00    Corporate Stock - Common     YAHOO INC COM
    276,575.00       266,309.28       1,300.00    Corporate Stock - Common     YAHOO INC COM
    266,062.50       297,000.00      16,500.00    Corporate Stock - Common     YANKEE CANDLE CO COM ISIN US9847571042
     70,612.50        67,677.96       4,200.00    Corporate Stock - Common     YELLOW CORP COM
    260,937.50       215,250.00       5,000.00    Corporate Stock - Common     YOUNG & RUBICAM INC COM
    836,864.53       612,707.11      16,420.00    Corporate Stock - Common     ZALE CORP NEW COM STK
    779,625.00       424,680.17      15,400.00    Corporate Stock - Common     ZALE CORP NEW COM STK
         60.00           558.55       3,000.00    Corporate Stock - Common     ZANE INTERACTIVE PUBG INC COM
     22,875.00        11,608.02       1,500.00    Corporate Stock - Common     ZI CORP COM
      1,146.88         2,014.33          50.00    Corporate Stock - Common     ZIFF-DAVIS INC COM ZDNET ZDNET ISIN
                                                                                 US9895112095
     43,250.00        35,759.67       1,000.00    Corporate Stock - Common     ZIXIT CORP
      1,801.88         5,429.94         155.00    Corporate Stock - Common     ZOLTEK COS INC COM
    114,796.10        98,474.60       3,100.00    Corporate Stock - Common     ZOMAX INC COM
        543.75         2,899.50         100.00    Corporate Stock - Common     ZONAGEN INC COM
      7,975.00         6,954.95         200.00    Corporate Stock - Common     ZORAN CORP COM
    356,351.47       315,652.39      22,741.00    Partnership/Joint Venture    ##MFO STRONG INTL STK FD OPEN END FD
                                                    Interests                    DO NOT USE SEE SEC #2848295
 49,798,716.42             -              1.00    Partnership/Joint Venture    &&&UAL DCX MUTUAL FUNDS SUNDRY ASSET
                                                    Interests
(49,798,716.42)            -              1.00    Partnership/Joint Venture    &&&UAL DCX MUTUAL FUNDS SUNDRY ASSET
                                                    Interests
     32,725.11        32,546.07         301.10    Partnership/Joint Venture    DIAMONDS TR SER 1 UNIT
                                                    Interests
      7,929.60         8,067.45         100.00    Partnership/Joint Venture    MIDCAP SPDR TR UNIT SER 1 COM
                                                    Interests
     72,000.00        47,650.80       2,400.00    Partnership/Joint Venture    MLP ALLIANCE CAP MGMT HLDG L P UNIT LTD 
                                                    Interests                    PARTNERSHIP INT
      7,825.00        10,890.70         400.00    Partnership/Joint Venture    MLP CROWN PAC PARTNERS L P UNIT REPSTG
                                                    Interests                    LTD PARTNERSHIP INT
         40.00           998.78       1,000.00    Partnership/Joint Venture    MLP PRIME MTR INN LTD PARTNERSHIP DEPOS RCPT 
                                                    Interests                    MASTER LTD PARTNERSHIP
        725.00         7,690.26         200.00    Partnership/Joint Venture    MLP TERRA NITROGEN CO L P COM UNIT
                                                    Interests
     29,764.17        14,476.34         896.51    Partnership/Joint Venture    PBHG LARGE CAP 20 FD
                                                    Interests
     17,483.56        11,703.12       1,465.51    Partnership/Joint Venture    SPECTRA FD INC COM STK
                                                    Interests
      5,681.25         5,666.50         300.00    Partnership/Joint Venture    SUBN PROPANE PARTNERS L P UNIT LTD
                                                    Interests                    PARTNERSHIP INT COM
</TABLE>



                                Page 102 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
      3,265.50         2,128.86         250.00    Partnership/Joint Venture    WEBS INDEX FD INC HONG KONG SER
                                                    Interests
      5,025.00         3,143.01         600.00    Partnership/Joint Venture    WEBS INDEX FD INC SINGAPORE FREE SER
                                                    Interests
      2,165.63        10,757.26         550.00    Real Estate - Income         #REORG CAPSTEAD MTG CORP COM REVSPLIT
                                                    Producing                    TOCAPSTEAD MTG CORP NEW 2-108902 05-08-00
     63,787.50        97,426.80      16,200.00    Real Estate - Income         #REORG CAPSTEAD MTG CORP COM REVSPLIT
                                                    Producing                    TOCAPSTEAD MTG CORP NEW 2-108902 05-08-00
     13,446.00        20,589.98         747.00    Real Estate - Income         #REORG STARWOOD FINL INC N/C TO ISTAR
                                                    Producing                    FINL INC #2-408985 @ 1 EFF 05-01-00
      4,985.75         4,974.20         154.00    Real Estate - Income         AVALONBAY CMNTYS INC COM
                                                    Producing
      2,600.00         2,823.70         100.00    Real Estate - Income         CHATEAU CMNTYS INC COM
                                                    Producing
    238,207.73       270,534.73      22,158.86    Real Estate - Income         COML NET LEASE RLTY INC COM
                                                    Producing
     15,488.22        18,359.83         837.20    Real Estate - Income         DUKE-WEEKS RLTY CORP INC COM NEW
                                                    Producing
     34,208.69        38,202.45         851.23    Real Estate - Income         EQTY RESDNTL PPTYS TR SH BEN INT
                                                    Producing
          0.03             0.02           0.00    Real Estate - Income         ESSEX PPTY TR COM
                                                    Producing
      3,095.24           504.69         182.07    Real Estate - Income         FELCOR LODGING TR INC COM
                                                    Producing
     59,317.05        63,326.12       2,665.94    Real Estate - Income         FRANCHISE FIN CORP AMER COM STK
                                                    Producing
     33,196.17        39,747.49       2,329.56    Real Estate - Income         GLIMCHER RLTY TR COM
                                                    Producing
      1,656.25         2,255.00         100.00    Real Estate - Income         HEALTHCARE RLTY TR
                                                    Producing
      7,400.00        13,202.10         400.00    Real Estate - Income         HOSPITALITY PROPS TR COM
                                                    Producing
      9,526.82        10,977.17       1,023.01    Real Estate - Income         HOST MARRIOTT CORP REIT
                                                    Producing
      4,031.25         6,376.15         500.00    Real Estate - Income         HRPT PPTYS TR COM SH BEN INT
                                                    Producing
      3,937.50         6,097.48         500.00    Real Estate - Income         INNKEEPERS USA TR COM
                                                    Producing
     10,207.75        10,788.54         307.00    Real Estate - Income         KIMCO RLTY CORP COM
                                                    Producing
     17,500.00        19,223.51       5,000.00    Real Estate - Income         LIBERTE INVS INC REIT
                                                    Producing
      7,084.56         7,865.18         310.56    Real Estate - Income         LIBERTY PPTY TR SH BEN INT
                                                    Producing
      1,312.50         1,804.95         200.00    Real Estate - Income         MEDITRUST PAIRED CTF NEW COM STK
                                                    Producing
     14,656.25        21,282.32         700.00    Real Estate - Income         NATL GOLF PPTYS INC COM STK
                                                    Producing
     11,871.39        18,288.72         753.74    Real Estate - Income         NATL HLTH INVS INC COM
                                                    Producing
     84,986.67       104,354.28       5,229.95    Real Estate - Income         NEW PLAN EXCEL RLTY TR INC
                                                    Producing
      3,350.00         5,276.24         200.00    Real Estate - Income         OMEGA HEALTHCARE INVS INC COM
                                                    Producing
     34,838.48        35,210.70       1,494.41    Real Estate - Income         SIMON PPTY GROUP INC COM
                                                    Producing
      2,000.00         3,100.31         100.00    Real Estate - Income         SOVRAN SELF STORAGE INC
                                                    Producing
      9,125.00         9,806.10         500.00    Real Estate - Income         SUMMIT PPTY INC COM
                                                    Producing
     12,049.43        13,329.90         381.76    Real Estate - Income         VORNADO RLTY TR COM
                                                    Producing
      2,038.74         2,217.09          54.28    Real Estate - Income         WEINGARTEN RLTY INVESTORS SH BEN INT
                                                    Producing
      1,700.00         1,879.95         200.00    Real Estate - Income         WINSTON HOTELS INC COM
                                                    Producing
 22,220,663.86    22,220,663.86  22,220,663.86    Loans to Participants/Other  &&& PARTICIPANT LOANS OUTSTANDING
     59,690.00        59,690.00      59,690.00    Loans to Participants/Other  &&& UAL - LOAN ASSET
          -                -              7.00    Loans to Participants/Other  &&& UAL - LOAN PRIN. ONLY (PAYABLE)
 34,387,749.81    34,387,749.81  34,387,749.81    Value of Interest in         COLTV SHORT TERM INVT FD
                                                    Common/Collective Trusts
  3,864,707.56     3,173,296.39      51,819.62    Value of Interest in         ##MFO FIDELITY MT VERNON STR TR GROWTH
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 103 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
     <S>              <C>             <C>         <C>                          <C>
     50,189.67        49,223.70       1,881.17    Value of Interest in         ##MFO SCUDDER INVT TR GROWTH & INC N/C
                                                    Registered Investment        INVT TR SCUDDER GROWTH & INC SEE 2423858
                                                    Companies
      6,018.98         5,827.01         517.54    Value of Interest in         #REORG DREYFUS FOUNDERS BALANCED FD
                                                    Registered Investment        CUSIP CHANGE SEE SEC #2-281668 2-24-00
                                                    Companies
     22,122.98        14,866.66         900.77    Value of Interest in         #REORG FOUNDERS FDS INC GROWTH FD CUSIP CHANGED
                                                    Registered Investment        SEE SEC #2-281670 EFF 02-24-00
                                                    Companies
      3,791.39         3,167.85         168.58    Value of Interest in         #REORG INVESCO DYNAMICS FD INC CUSIP
                                                    Registered Investment        CHANGED SEE SEC#2-424262 EFF 02-04-00
                                                    Companies
      6,562.50         8,092.88         500.00    Value of Interest in         #REORG MFC MORGAN STANLEY EMERGING MKTS FD
                                                    Registered Investment        N/C MFC M/S/D/W EMERGING MKTS 2589378
                                                    Companies
     46,889.28        46,815.84          48.00    Value of Interest in         #REORG WORLDWD FLIGHT SVCS INC MAND UNITSEP
                                                    Registered Investment        BD 4-938260 & WT 2-945908 2-08-00
                                                    Companies
     15,187.50        13,004.75          25.00    Value of Interest in         AIRGATE PCS INC UNIT $1000 SR SUB DISC
                                                    Registered Investment        NT & WT EXP 13.5 DUE 10-01-2009 BEO
                                                    Companies
      2,845.12         3,285.28         523.29    Value of Interest in         MFC 1ST AUSTRALIA PRIME INC FD INC
                                                    Registered Investment
                                                    Companies
     18,772.99        19,474.08       2,016.00    Value of Interest in         MFC ASIA TIGERS FD INC
                                                    Registered Investment
                                                    Companies
      5,270.00         6,748.24         340.00    Value of Interest in         MFC BRAZIL FD
                                                    Registered Investment
                                                    Companies
      1,520.08         2,967.46         142.24    Value of Interest in         MFC CHILE FD INC COM CLOSED END FD
                                                    Registered Investment
                                                    Companies
      4,984.10         5,300.12         550.00    Value of Interest in         MFC DUFF & PHELPS UTILS INC INC CLOSED
                                                    Registered Investment        END FD
                                                    Companies
      2,860.58         3,094.97         209.00    Value of Interest in         MFC H & Q LIFE SCI INVESTORS SH BEN INT
                                                    Registered Investment
                                                    Companies
      2,202.75         6,876.17         750.00    Value of Interest in         MFC JAKARTA GROWTH FD INC CLOSED END FD
                                                    Registered Investment
                                                    Companies
      7,406.00         4,231.34         500.00    Value of Interest in         MFC KOREA FD INC CLOSED END FD
                                                    Registered Investment
                                                    Companies
      1,933.89         2,081.78         396.70    Value of Interest in         MFC SCUDDER GLOBAL HI INC FD INC COM
                                                    Registered Investment
                                                    Companies
     17,062.00        11,278.84       1,000.00    Value of Interest in         MFC SCUDDER NEW ASIA FD INC COM CLOSED
                                                    Registered Investment        END FD
                                                    Companies
      8,687.00        11,728.97       1,000.00    Value of Interest in         MFC SINGAPORE FD INC COM CLOSED END FD
                                                    Registered Investment
                                                    Companies
      2,662.40         2,920.75         200.00    Value of Interest in         MFC SO AFRICA FD INC COM
                                                    Registered Investment
                                                    Companies
          7.18            10.33           0.51    Value of Interest in         MFC SWISS HELVETIA FD INC COM CLOSED ENDFD
                                                    Registered Investment
                                                    Companies
     36,000.00        53,805.86       4,000.00    Value of Interest in         MFC TEMPLETON DRAGON FD INC COM
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 104 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>                <C>             <C>          <C>                          <C>
      1,137.50         1,114.06         100.00    Value of Interest in         MFC TEMPLETON EMERGING MKT FD INC CLOSEDEND FD
                                                    Registered Investment
                                                    Companies
        929.12         1,188.68         104.69    Value of Interest in         MFC TEMPLETON VIETNAM & S.E. ASIA FD INC
                                                    Registered Investment
                                                    Companies
      9,745.45         8,678.44         285.37    Value of Interest in         MFO 3RD AVE FD
                                                    Registered Investment
                                                    Companies
     40,082.78        27,858.49       1,995.16    Value of Interest in         MFO ACORN FD INC CAP OPEN END FD
                                                    Registered Investment
                                                    Companies
    891,009.85       428,694.11      15,879.70    Value of Interest in         MFO ADVISORS INNER CIRCLE FD WHITE OAK
                                                    Registered Investment        GROWTH STK FD
                                                    Companies
  1,170,516.08       805,308.48      31,048.17    Value of Interest in         MFO AIM CONSTELLATION FD OPEN END FD
                                                    Registered Investment
                                                    Companies
    157,883.30       111,815.29       8,830.16    Value of Interest in         MFO AIM EQTY FD INC CHARTER FD RETAIL
                                                    Registered Investment        CLDBTFL
                                                    Companies
    373,421.33       305,299.26      12,340.43    Value of Interest in         MFO AIM EQTY FDS INC WEINGARTEN CL A
                                                    Registered Investment
                                                    Companies
    450,884.52       317,281.71      18,328.64    Value of Interest in         MFO AIM INTERNATIONAL EQUITY FUND
                                                    Registered Investment
                                                    Companies
  1,232,290.32       904,122.89      25,036.37    Value of Interest in         MFO AIM VALUE FD CL A
                                                    Registered Investment
                                                    Companies
      4,990.81         3,973.84         384.20    Value of Interest in         MFO AL FRANK FD
                                                    Registered Investment
                                                    Companies
        161.66           184.56          25.91    Value of Interest in         MFO AMER CENTY CAP PORTFOLIOS INC EQTY
                                                    Registered Investment        INC FD INV
                                                    Companies
     10,962.70        12,116.97       1,827.12    Value of Interest in         MFO AMER CENTY CAP PORTFOLIOS INC VALUE FD INV
                                                    Registered Investment
                                                    Companies
     89,226.37       125,463.64      16,584.83    Value of Interest in         MFO AMER CENTY GLOBAL GOLD EQUITIES I
                                                    Registered Investment
                                                    Companies
      5,993.99         6,467.43         636.31    Value of Interest in         MFO AMER CENTY GOVT INC TR BENHAM
                                                    Registered Investment        LONG-TERM TREAS
                                                    Companies
     33,490.42        35,425.00       3,171.44    Value of Interest in         MFO AMER CENTY INTL BD FDS BENHAM
                                                    Registered Investment        EUROPEAN GOVT BD FD
                                                    Companies
     44,282.28        34,972.02       2,513.18    Value of Interest in         MFO AMER CENTY MUT FDS INC 20TH CENTY
                                                    Registered Investment        VISTA FD INV
                                                    Companies
     23,447.88        20,659.62         727.97    Value of Interest in         MFO AMER CENTY QUANTITATIVE EQTY FDS INC& 
                                                    Registered Investment        GROWTH INV CL
                                                    Companies
     22,871.62        21,489.93         316.61    Value of Interest in         MFO AMER CENTY TARGET MATS TR 2005
                                                    Registered Investment
                                                    Companies
     82,773.40        86,441.70       3,233.34    Value of Interest in         MFO AMER CENTY TARGET MATS TR BENHAM
                                                    Registered Investment        TARGET MATS TR 2025 INVS CL
                                                    Companies
    209,392.22       149,621.22      13,775.80    Value of Interest in         MFO AMER CENTY WORLD MUT FDS INC 20TH
                                                    Registered Investment        CENTY INTL DISCOVERY FD INV
                                                    Companies
</TABLE>



                                Page 105 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     14,722.61        10,548.34       1,130.77    Value of Interest in         MFO AMER CENTY WORLD MUT FDS INC 20TH
                                                    Registered Investment        CENTY INTL GROWTH FD INV
                                                    Companies
     45,356.50        41,898.26       1,614.69    Value of Interest in         MFO AMERINDO FDS INC TECH FD CL D
                                                    Registered Investment
                                                    Companies
     14,812.77        17,603.39         822.48    Value of Interest in         MFO AMERN AADVANTAGE FDS GROWTH & INC FDPLANAHEAD CL
                                                    Registered Investment
                                                    Companies
    252,828.06       183,275.47       6,172.56    Value of Interest in         MFO AMERN CENTY ULTRA INV FD
                                                    Registered Investment
                                                    Companies
      2,311.07         2,500.00          69.49    Value of Interest in         MFO ARIEL GROWTH APPRECIATION FD
                                                    Registered Investment
                                                    Companies
    143,456.13       113,618.91       6,117.53    Value of Interest in         MFO ARTISAN INC INTL FD
                                                    Registered Investment
                                                    Companies
     30,670.04        30,094.94         667.03    Value of Interest in         MFO BABSON VALUE FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
     15,140.21        11,834.99         512.36    Value of Interest in         MFO BARON AST FD GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
    302,266.37       260,626.90       5,504.76    Value of Interest in         MFO BARON AST FD SH BEN INT
                                                    Registered Investment
                                                    Companies
    179,272.96       156,142.35      11,528.81    Value of Interest in         MFO BARON AST FD SMALL CAP FD
                                                    Registered Investment
                                                    Companies
     46,837.68        56,020.96       5,575.91    Value of Interest in         MFO BARR ROSENBERG SER TR MKT NUETRAL FDINV SHS
                                                    Registered Investment
                                                    Companies
     45,484.42        36,875.50       2,431.02    Value of Interest in         MFO BERGER 1 HUNDRED FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
      1,069.82         1,003.75          57.83    Value of Interest in         MFO BERGER INVT PORTFOLIO TR BALANCED FD
                                                    Registered Investment
                                                    Companies
     15,558.99         8,070.89         460.73    Value of Interest in         MFO BERGER INVT PORTFOLIO TR NEW
                                                    Registered Investment        GENERATION FD
                                                    Companies
     39,233.83        34,755.71       1,839.37    Value of Interest in         MFO BERGER SMALL CAP VALUE INVESTOR FD
                                                    Registered Investment
                                                    Companies
     49,290.58        45,027.31       7,962.94    Value of Interest in         MFO BERGER SMALL CO FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     20,787.30        20,787.29       1,910.60    Value of Interest in         MFO BRAMWELL FDS INC FOCUS FD
                                                    Registered Investment
                                                    Companies
     38,604.97        38,604.96       1,498.64    Value of Interest in         MFO BRAMWELL FDS INC GROWTH FD
                                                    Registered Investment
                                                    Companies
     49,619.54        42,842.37       2,358.34    Value of Interest in         MFO BRANDES INVT TR INSTL INTL EQTY FD
                                                    Registered Investment
                                                    Companies
     45,447.87        35,404.62       1,115.56    Value of Interest in         MFO BRANDYWINE FD INC COM OPEN END FD
                                                    Registered Investment
                                                    Companies
     32,584.28        26,284.14       1,178.46    Value of Interest in         MFO BT INVT FDS INTL EQTY FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 106 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     24,614.67        64,568.91       5,945.57    Value of Interest in         MFO CAPPIELLO RUSHMORE TR GOLD FD
                                                    Registered Investment
                                                    Companies
     10,000.00        10,056.07         926.78    Value of Interest in         MFO CGM TR RLTY FD
                                                    Registered Investment
                                                    Companies
     43,825.54        47,234.11         593.84    Value of Interest in         MFO CLIPPER FD INC COM OPEN END FD
                                                    Registered Investment
                                                    Companies
    213,647.01       276,591.10       6,083.34    Value of Interest in         MFO COHEN & STEERS RLTY SHS INC COM
                                                    Registered Investment
                                                    Companies
     11,556.47        15,669.55       3,752.10    Value of Interest in         MFO COMSTOCK PARTNERS FDS INC CAP VALUE FD CL A
                                                    Registered Investment
                                                    Companies
      5,231.51         6,229.90         497.77    Value of Interest in         MFO CRABBE HUSON REALESTATE INVT FD
                                                    Registered Investment
                                                    Companies
      3,400.54         3,328.87          49.52    Value of Interest in         MFO DODGE & COX BALANCED FD COM
                                                    Registered Investment
                                                    Companies
     52,818.52        48,224.50         519.25    Value of Interest in         MFO DODGE & COX FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      3,252.64         3,000.92          81.85    Value of Interest in         MFO DOMINI SOCIAL INDEX FD SH BEN INT
                                                    Registered Investment
                                                    Companies
    448,683.08       402,614.77      30,605.94    Value of Interest in         MFO DREYFUS 3RD CENTY FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
    128,062.51        97,469.33       2,825.12    Value of Interest in         MFO DREYFUS APPRECIATION FD INC
                                                    Registered Investment
                                                    Companies
     38,085.37        36,957.87       1,873.36    Value of Interest in         MFO DREYFUS GROWTH & INC FD INC
                                                    Registered Investment
                                                    Companies
     50,847.19        25,661.02       1,184.15    Value of Interest in         MFO DREYFUS GROWTH & VALUE FDS INC TECH GROWTH FD
                                                    Registered Investment
                                                    Companies
     34,170.43        30,761.19       3,086.76    Value of Interest in         MFO DREYFUS GROWTH OPPORTUNITY FD
                                                    Registered Investment
                                                    Companies
     24,758.15        22,855.75         598.89    Value of Interest in         MFO DREYFUS INDEX FDS S&P 500 INDEX FD
                                                    Registered Investment
                                                    Companies
      9,501.41         7,575.12         395.89    Value of Interest in         MFO DREYFUS LARGE CO VALUE FD
                                                    Registered Investment
                                                    Companies
        113.75         9,985.00       8,750.00    Value of Interest in         MFO DREYFUS LGE CO VALUE FD
                                                    Registered Investment
                                                    Companies
     13,252.86        11,030.33         980.24    Value of Interest in         MFO EATON VANCE SPL INVT TR EV CLASSIC
                                                    Registered Investment        SPL EQUITIES FD
                                                    Companies
    629,803.78       627,801.94      25,498.13    Value of Interest in         MFO EVERGREEN GLOBAL OPPORTUNITIES FD
                                                    Registered Investment
                                                    Companies
    213,416.58       195,027.65       7,123.38    Value of Interest in         MFO EVERGREEN OMEGA FD
                                                    Registered Investment
                                                    Companies
     17,154.51        18,059.87       2,667.89    Value of Interest in         MFO EVERGREEN STRATEGIC INC FD CL A
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 107 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>             <C>               <C>           <C>                          <C>
     26,864.74        19,773.88         946.94    Value of Interest in         MFO EXCELSIOR VALUE & RESTRUCTURING FD
                                                    Registered Investment
                                                    Companies
      1,188.77         1,320.69          37.99    Value of Interest in         MFO FASCIANO FD INC
                                                    Registered Investment
                                                    Companies
      2,858.37         3,172.14         346.47    Value of Interest in         MFO FEDT HI YIELD TR SH BEN INT OPEN ENDFD
                                                    Registered Investment
                                                    Companies
     35,848.78        35,425.00       1,086.66    Value of Interest in         MFO FENIMORE AST MGMT TR FAM VALUE FD
                                                    Registered Investment        OPEN END FD
                                                    Companies
     23,638.71        19,379.82         445.51    Value of Interest in         MFO FID AGGRESSIVE GROWTH FD
                                                    Registered Investment
                                                    Companies
  14,294,812.86   11,897,077.63     248,346.30    Value of Interest in         MFO FID EQTY INC FD SH BEN INT
                                                    Registered Investment
                                                    Companies
      6,223.49         5,034.71         123.21    Value of Interest in         MFO FID SELECT PORTFOLIOS DEVELOPING
                                                    Registered Investment        COMMUNICATIONS PORTFOLIO
                                                    Companies
    131,576.86       147,469.99       8,622.34    Value of Interest in         MFO FIDELITY BALANCED FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     19,405.90        15,373.54         698.31    Value of Interest in         MFO FIDELITY CAP APPRECIATION FD OPEN
                                                    Registered Investment        END FD
                                                    Companies
     42,480.35        42,502.92      42,480.35    Value of Interest in         MFO FIDELITY CASH RESVS SH BEN INT
                                                    Registered Investment
                                                    Companies
     19,171.90        17,114.74       1,288.43    Value of Interest in         MFO FIDELITY COMWLTH TR SMALL CAP STK
                                                    Registered Investment        OPEN END FD
                                                    Companies
     28,974.02        20,810.06         448.31    Value of Interest in         MFO FIDELITY CONTRAFUND INC OPEN END FD
                                                    Registered Investment
                                                    Companies
     23,264.06        20,369.40       1,037.19    Value of Interest in         MFO FIDELITY CONV SEC FD
                                                    Registered Investment
                                                    Companies
     16,970.21        13,195.37         844.29    Value of Interest in         MFO FIDELITY DEVONSHIRE TR MID-CAP STK FD
                                                    Registered Investment
                                                    Companies
    108,757.85       109,033.03       3,820.09    Value of Interest in         MFO FIDELITY DVD GROWTH FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     96,136.87       122,376.25       6,794.13    Value of Interest in         MFO FIDELITY EQTY INC FD REAL ESTATE
                                                    Registered Investment        INVT PORTFOLIO OPEN END FD
                                                    Companies
     59,061.24        54,548.25       1,532.47    Value of Interest in         MFO FIDELITY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      5,772.04         5,380.13         348.55    Value of Interest in         MFO FIDELITY HONG KONG & CHINA
                                                    Registered Investment
                                                    Companies
     18,825.81        13,575.91       1,022.03    Value of Interest in         MFO FIDELITY INVT TR INTL VALUE FD
                                                    Registered Investment
                                                    Companies
      2,450.26         2,637.97         173.04    Value of Interest in         MFO FIDELITY INVT TR S.E. ASIA FD
                                                    Registered Investment
                                                    Companies
  1,040,243.17     1,152,381.73      47,326.81    Value of Interest in         MFO FIDELITY LOW PRICED STOCK FUND
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 108 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
  <S>              <C>               <C>          <C>                          <C>
      4,807.53         5,432.85         218.72    Value of Interest in         MFO FIDELITY LOW PRICED STOCK FUND
                                                    Registered Investment
                                                    Companies
  4,389,005.81     3,626,706.91      33,250.04    Value of Interest in         MFO FIDELITY MAGELLAN FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
      2,003.86         2,398.83         145.00    Value of Interest in         MFO FIDELITY NEW LATIN AMER FD OPEN END FD
                                                    Registered Investment
                                                    Companies
  3,296,897.64     2,736,305.08      57,367.28    Value of Interest in         MFO FIDELITY OTC PORTFOLIO OPEN END FD
                                                    Registered Investment
                                                    Companies
  1,148,044.69       922,550.00      24,962.92    Value of Interest in         MFO FIDELITY OVERSEAS FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     33,342.34        25,556.13         729.11    Value of Interest in         MFO FIDELITY SECS FD GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
      8,742.74         9,092.47         612.67    Value of Interest in         MFO FIDELITY SELECT AMER GOLD FD OPEN
                                                    Registered Investment        END FD
                                                    Companies
         46.56            42.04           1.00    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS BOKERAGE &
                                                    Registered Investment        INVT MGMT PORTFOLIO
                                                    Companies
      6,063.57         5,901.64          74.16    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS ELECTRS
                                                    Registered Investment
                                                    Companies
     47,139.75        45,081.14       2,032.76    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS ENERGY
                                                    Registered Investment        PORTFOLIO
                                                    Companies
     52,474.82        49,844.88       2,356.30    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS ENERGY
                                                    Registered Investment        SVC PORTFOLIO
                                                    Companies
     12,725.73        12,755.49          96.01    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS HLTH CAREPORTFOLIO
                                                    Registered Investment
                                                    Companies
     15,645.08        15,679.04      15,645.08    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS MONEY MKTPORTFOLIO
                                                    Registered Investment
                                                    Companies
     14,832.09        20,000.00       1,447.03    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS PRECIOUS METALS & 
                                                    Registered Investment        MIN PORTFOLIO
                                                    Companies
    100,361.87        80,507.10         783.47    Value of Interest in         MFO FIDELITY SELECT PORTFOLIOS TECH FD
                                                    Registered Investment
                                                    Companies
     41,109.02        28,709.72         465.72    Value of Interest in         MFO FIDELITY SELECT TELECOMMUNICATIONS
                                                    Registered Investment        FD OPEN END FD
                                                    Companies
      5,668.80         6,061.48         116.76    Value of Interest in         MFO FIDELITY VALUE FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     11,755.36         9,893.73         297.60    Value of Interest in         MFO FIRSTHAND FDS TECH INNOVATORS FD
                                                    Registered Investment
                                                    Companies
      1,150.18           800.73          31.42    Value of Interest in         MFO FIRSTHAND FDS TECH LEADERS FD
                                                    Registered Investment
                                                    Companies
     12,042.49         5,333.12         299.34    Value of Interest in         MFO FOUNDERS DISCOVERY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      7,016.99         6,829.78         903.09    Value of Interest in         MFO FOUNDERS FDS INC BLUE CHIP FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 109 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
<S>               <C>            <C>              <C>                          <C>
      6,099.05         4,073.57         270.59    Value of Interest in         MFO FOUNDERS FDS INC PASSPORT FD
                                                    Registered Investment
                                                    Companies
513,313,563.70   513,313,563.70 513,313,563.70    Value of Interest in         MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV
                                                    Registered Investment
                                                    Companies
 11,102,053.71    11,102,053.71  11,102,053.71    Value of Interest in         MFO FRANK RUSSELL UAL STIF
                                                    Registered Investment
                                                    Companies
 32,449,224.55    32,449,224.55  32,449,224.55    Value of Interest in         MFO FRANK RUSSELL UAL STIF
                                                    Registered Investment
                                                    Companies
 20,717,572.42    20,717,572.42  20,717,572.42    Value of Interest in         MFO FRANK RUSSELL UAL STIF
                                                    Registered Investment
                                                    Companies
     12,640.83        16,294.14       1,656.73    Value of Interest in         MFO FREMONT MUT FDS INC REALESTATE SEC FD
                                                    Registered Investment
                                                    Companies
     42,545.37        50,870.58       1,393.10    Value of Interest in         MFO FRKLN BALANCE SHEET INVT FD SH BEN INT
                                                    Registered Investment
                                                    Companies
     67,353.39        36,926.49       1,732.79    Value of Interest in         MFO FRKLN CAL GROWTH FD SH BEN INT CL A
                                                    Registered Investment
                                                    Companies
      1,232.41         1,039.47          28.96    Value of Interest in         MFO GABELLI AST FD SH BEN INT OPEN END FD
                                                    Registered Investment
                                                    Companies
     19,241.93        12,500.00         712.66    Value of Interest in         MFO GABELLI GLOBAL SER FDS INC
                                                    Registered Investment        COMMUNICATIONS FD
                                                    Companies
     21,022.25        14,138.87         687.90    Value of Interest in         MFO GABELLI GLOBAL SER FDS INC
                                                    Registered Investment        INTERACTIVE COUCH POTATO FD
                                                    Companies
      5,234.70         5,000.00         223.51    Value of Interest in         MFO GATEWAY TR INDEX PLUS FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     59,639.23        76,818.52       7,745.35    Value of Interest in         MFO GLOBAL INTL FD INC SCUDDER EMERGING MKTS INC
                                                    Registered Investment
                                                    Companies
      2,936.96         2,516.30         326.69    Value of Interest in         MFO GUINNESS FLIGHT INVT FDS INC ASIA
                                                    Registered Investment        SMALL CAP FD
                                                    Companies
     12,848.67        10,727.00         767.09    Value of Interest in         MFO GUINNESS FLIGHT INVT FDS INC CHINA &H K FD
                                                    Registered Investment
                                                    Companies
     61,417.32        52,000.00       4,961.01    Value of Interest in         MFO HAMBRECHT & QUIST FD TR IPO &
                                                    Registered Investment        EMERGING CO FD COM CL
                                                    Companies
     40,246.20        45,935.90       3,490.56    Value of Interest in         MFO HARRIS ASSOC INVT TR OAKMARK INTL
                                                    Registered Investment        SMALL CAP FD CL I
                                                    Companies
    136,806.07       148,156.07       7,773.07    Value of Interest in         MFO HARRIS ASSOC INVT TR OAKMARK SELECT FD CL I
                                                    Registered Investment
                                                    Companies
     15,605.40        21,212.02       1,172.46    Value of Interest in         MFO HARRIS ASSOC INVT TR OAKMARK SMALL
                                                    Registered Investment        CAP FD CL I
                                                    Companies
    110,306.55        60,316.38       2,248.40    Value of Interest in         MFO HBR FD CAP APPRECIATION FD
                                                    Registered Investment
                                                    Companies
     13,447.08        10,761.74         661.12    Value of Interest in         MFO HBR FD INTL GROWTH FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 110 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     38,488.86        45,458.25       1,257.40    Value of Interest in         MFO HEARTLAND VALUE FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      5,236.31         6,571.11         607.46    Value of Interest in         MFO HEITMAN REAL ESTATE EQTY FD
                                                    Registered Investment
                                                    Companies
     21,191.23        16,881.87       1,002.90    Value of Interest in         MFO HENLOPEN FD SH BEN INT
                                                    Registered Investment
                                                    Companies
      2,699.49         2,027.66          98.81    Value of Interest in         MFO HOTCHKIS & WILEY INTL FD
                                                    Registered Investment
                                                    Companies
     36,415.34        21,193.62       1,619.18    Value of Interest in         MFO ICON FDS TECH FD
                                                    Registered Investment
                                                    Companies
     93,325.26        52,650.97       1,251.68    Value of Interest in         MFO INTERACTIVE INVTS TECH VALUE FD
                                                    Registered Investment
                                                    Companies
     87,365.64        96,549.41      13,650.88    Value of Interest in         MFO INVESCO BD FDS INC HI YIELD FD
                                                    Registered Investment
                                                    Companies
     54,179.55        49,121.07       3,571.49    Value of Interest in         MFO INVESCO COMBINATION STK & BD FDS INCEQTY 
                                                    Registered Investment        INC FD #16
                                                    Companies
    166,752.29       142,948.87       8,218.45    Value of Interest in         MFO INVESCO INTL FDS INC EUROPEAN FD
                                                    Registered Investment
                                                    Companies
     45,644.37        33,973.04       4,025.08    Value of Interest in         MFO INVESCO INTL FDS INC PAC BASIN FD
                                                    Registered Investment
                                                    Companies
     17,113.48        24,922.74       1,777.10    Value of Interest in         MFO INVESCO SPECIALTY FDS INC LATIM
                                                    Registered Investment        AMERN FD
                                                    Companies
    107,272.15        60,384.59       2,558.97    Value of Interest in         MFO INVESCO SPECIALTY FDS INC WORLDWIDE 
                                                    Registered Investment        COMMUNICATIONS FD
                                                    Companies
     10,316.69        11,314.47         759.14    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        ENERGY FD
                                                    Companies
     11,273.15        11,959.65         430.93    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        FINL SVCS PORTFOLIO
                                                    Companies
     56,291.72       175,241.14      32,351.57    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        GOLD PORTFOLIO
                                                    Companies
     41,997.41        45,307.67         778.02    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        HLTH SCIENCES PORTFOLIO
                                                    Companies
     89,037.25        73,289.36       2,101.42    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        LEISURE PORTFOLIO
                                                    Companies
    197,336.53       141,756.64       3,068.04    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        TECH PORTFOLIO
                                                    Companies
      8,629.78         6,153.50         509.73    Value of Interest in         MFO INVESCO STRATEGIC PORTFOLIOS INC
                                                    Registered Investment        UTILS
                                                    Companies
      9,095.39         6,700.00         162.62    Value of Interest in         MFO IPS FDS MILLENNIUM FD
                                                    Registered Investment
                                                    Companies
    281,565.97       254,413.48       6,124.99    Value of Interest in         MFO IVY INTL FD SH BEN INT OPEN END FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 111 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>               <C>           <C>                          <C>
     12,740.91        10,342.85         277.16    Value of Interest in         MFO IVY INTL FD SH BEN INT OPEN END FD
                                                    Registered Investment
                                                    Companies
 43,430,142.15    21,337,025.10     578,451.55    Value of Interest in         MFO JANUS 20 FD OPEN END FD
                                                    Registered Investment
                                                    Companies
    503,095.60       371,081.86      11,295.37    Value of Interest in         MFO JANUS FD INC CAP OPEN END FD
                                                    Registered Investment
                                                    Companies
    227,618.32       206,006.52       5,827.40    Value of Interest in         MFO JANUS GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
    146,924.61       120,059.39       6,609.29    Value of Interest in         MFO JANUS INVT FD BALANCED FD
                                                    Registered Investment
                                                    Companies
    615,240.28       582,252.06       9,478.36    Value of Interest in         MFO JANUS INVT FD ENTERPRISE FD
                                                    Registered Investment
                                                    Companies
     84,547.92        86,000.00       3,630.22    Value of Interest in         MFO JANUS INVT FD EQTY INC FD
                                                    Registered Investment
                                                    Companies
    327,373.73       348,229.16      34,975.83    Value of Interest in         MFO JANUS INVT FD FLEXIBLE INC FD
                                                    Registered Investment
                                                    Companies
     19,425.00        15,000.00       1,500.00    Value of Interest in         MFO JANUS INVT FD GLOBAL LIFE SCIENCES FD
                                                    Registered Investment
                                                    Companies
    684,663.61       510,052.72      27,831.85    Value of Interest in         MFO JANUS INVT FD GLOBAL TECH FD
                                                    Registered Investment
                                                    Companies
     26,544.05        29,985.60       2,620.34    Value of Interest in         MFO JANUS INVT FD HIGH-YIELD
                                                    Registered Investment
                                                    Companies
  1,650,716.41     1,182,666.84      35,916.37    Value of Interest in         MFO JANUS INVT FD OLYMPUS FD
                                                    Registered Investment
                                                    Companies
    525,393.00       285,185.86      16,997.51    Value of Interest in         MFO JANUS INVT FD OVERSEAS
                                                    Registered Investment
                                                    Companies
    154,458.24       128,975.13       6,393.14    Value of Interest in         MFO JANUS INVT FD SPL SITUATIONS FD
                                                    Registered Investment
                                                    Companies
  2,390,188.38     1,430,614.40      35,441.70    Value of Interest in         MFO JANUS INVT FD WORLDWIDE FD
                                                    Registered Investment
                                                    Companies
  3,519,760.85     2,868,595.52      89,040.24    Value of Interest in         MFO JANUS MERCURY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     18,438.45        20,463.12       3,695.08    Value of Interest in         MFO KAUFMANN FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      5,508.00         3,852.85         240.00    Value of Interest in         MFO KEMPER NEW EUROPE FD INC CL M
                                                    Registered Investment
                                                    Companies
  6,206,177.32     6,745,729.81     660,231.63    Value of Interest in         MFO LEGG MASON NON US FXD INC
                                                    Registered Investment
                                                    Companies
     53,354.83        83,864.06      16,569.82    Value of Interest in         MFO LEXINGTON GOLDFUND INC COM OPEN END FD
                                                    Registered Investment
                                                    Companies
     33,771.85        44,472.54       4,296.67    Value of Interest in         MFO LEXINGTON SMALL CAP ASIA GROWTH FD
                                                    Registered Investment        INC COM
                                                    Companies
</TABLE>



                                Page 112 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     22,469.59        35,278.14       8,230.62    Value of Interest in         MFO LEXINGTON STRATEGIC SILVER FD INC
                                                    Registered Investment        OPEN END FD
                                                    Companies
      1,171.06         2,410.48         262.57    Value of Interest in         MFO LEXINGTON TROIKA DIALOG RUSSIA FD INC
                                                    Registered Investment
                                                    Companies
      5,177.22            97.34         438.38    Value of Interest in         MFO LIBERTY FDS TR VII NEWPORT TIGER FD CL A
                                                    Registered Investment
                                                    Companies
      3,576.49         3,381.78         575.00    Value of Interest in         MFO LINDNER INVTS BULWARK INVS CL
                                                    Registered Investment
                                                    Companies
      3,661.99         3,162.66         224.11    Value of Interest in         MFO LM INSTL FD ADVISORS II INC LM VALUEINSTL 
                                                    Registered Investment        PORT INSTL CL
                                                    Companies
     17,179.74        22,089.85         826.74    Value of Interest in         MFO LONGLEAF PARTNERS FDS TR SH BEN INT
                                                    Registered Investment
                                                    Companies
     14,475.85        14,281.46         704.42    Value of Interest in         MFO LONGLEAF PARTNERS FDS TR SMALL CAP
                                                    Registered Investment        FD
                                                    Companies
    147,089.39       162,822.55      12,702.02    Value of Interest in         MFO LOOMIS SAYLES BD FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      4,736.74         5,000.08         376.23    Value of Interest in         MFO MAINSTAY INSTL FDS INC VALUE EQTY FD
                                                    Registered Investment        INSTL CL ISIN #US56062N8662
                                                    Companies
    203,648.61       182,936.53      10,849.69    Value of Interest in         MFO MARICO INVT FD GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
    206,612.60       164,825.92      10,361.72    Value of Interest in         MFO MARSICO INVT FD FOCUS FD
                                                    Registered Investment
                                                    Companies
      6,345.21         6,475.14         467.59    Value of Interest in         MFO MASTERS CONCENTRATED SELECT TR
                                                    Registered Investment        MASTERS SELECT EQTY FD
                                                    Companies
     43,386.21        35,739.14       3,720.94    Value of Interest in         MFO MATTHEWS INTL FDS PAC TIGER FD
                                                    Registered Investment
                                                    Companies
    130,315.38        95,312.93      15,989.62    Value of Interest in         MFO MATTHEWS KOREA FD
                                                    Registered Investment
                                                    Companies
     56,769.98       107,280.59      44,007.73    Value of Interest in         MFO MIDAS FD INC COM
                                                    Registered Investment
                                                    Companies
      3,215.26         3,781.09         288.88    Value of Interest in         MFO MONTGOMERY FDS EMERGING ASIA FD CL R
                                                    Registered Investment
                                                    Companies
      8,328.97        10,564.62         755.12    Value of Interest in         MFO MONTGOMERY FDS EMERGING MKTS FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
     17,118.61        13,256.34         754.12    Value of Interest in         MFO MONTGOMERY FDS GLOBAL OPPORTUNITIES FD
                                                    Registered Investment
                                                    Companies
     12,890.50         7,290.00         492.57    Value of Interest in         MFO MONTGOMERY FDS II GLOBAL LONG-SHORT FD CL R
                                                    Registered Investment
                                                    Companies
      1,980.52         1,799.14          93.20    Value of Interest in         MFO MONTGOMERY FDS INTL GROWTH FD
                                                    Registered Investment
                                                    Companies
      6,180.14         5,897.02         456.44    Value of Interest in         MFO MONTGOMERY FDS INTL SMALL CAP FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 113 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>              <C>         <C>                          <C>
     11,677.59        10,808.00         205.95    Value of Interest in         MFO MUNDER FDS INC NETNET FD CL A
                                                    Registered Investment
                                                    Companies
     96,465.46        84,897.36       6,584.67    Value of Interest in         MFO MUT SER FD INC BEACON FD CL Z
                                                    Registered Investment
                                                    Companies
     33,141.96        28,659.61       1,533.64    Value of Interest in         MFO MUT SER FD INC SHS FD CL Z
                                                    Registered Investment
                                                    Companies
     47,022.97        52,911.05       4,852.73    Value of Interest in         MFO N E INVS TR SH BEN INT
                                                    Registered Investment
                                                    Companies
    140,399.38       104,708.61       7,252.03    Value of Interest in         MFO NATIONS FD TR MARSICO FOUSED EQUITIES FD INV A
                                                    Registered Investment
                                                    Companies
     11,105.42        12,621.71         775.52    Value of Interest in         MFO NEUBERGER & BERMAN EQTY FDS GENESIS FD
                                                    Registered Investment
                                                    Companies
     11,232.59        11,515.00         478.19    Value of Interest in         MFO NEUBERGER & BERMAN GUARDIAN EQTY FD COM 
                                                    Registered Investment        OPEN END FD
                                                    Companies
     36,583.86        35,203.14       1,377.92    Value of Interest in         MFO NEUBERGER & BERMAN PARTNERS EQTY FDSPARTNER FD 
                                                    Registered Investment        OPEN END FD
                                                    Companies
      3,033.57         3,000.00          95.91    Value of Interest in         MFO NEVIS FD INC COM
                                                    Registered Investment
                                                    Companies
     28,454.17        13,525.00       1,324.68    Value of Interest in         MFO NORTHSTAR ADVANTAGE TR GROWTH +
                                                    Registered Investment        VALUE FD CL A
                                                    Companies
     13,551.57        10,369.13         896.86    Value of Interest in         MFO O SHAUGHNESSY CORNERSTONE GROWTH
                                                    Registered Investment
                                                    Companies
     20,631.58        11,200.00         999.11    Value of Interest in         MFO OAK ASSOCS FDS RED OAK TECH SELECT
                                                    Registered Investment        PORTFOLIO
                                                    Companies
    134,166.99       179,706.77       4,970.99    Value of Interest in         MFO OAKMARK FD HARRIS ASSOC INVT TR
                                                    Registered Investment
                                                    Companies
      2,663.04         2,844.25         195.38    Value of Interest in         MFO OAKMARK INTL FD OPEN END FD
                                                    Registered Investment
                                                    Companies
      4,428.57         4,416.91         291.74    Value of Interest in         MFO ONESOURCE PORT-GRWTH GROWTH
                                                    Registered Investment        ALLOCATION FD
                                                    Companies
     20,289.99        17,020.70       1,243.26    Value of Interest in         MFO PAYDEN & RYGEL INVT GROUP GROWTH &
                                                    Registered Investment        INC FD CL A
                                                    Companies
    160,862.78        61,142.91       3,232.77    Value of Interest in         MFO PBHG FDS INC TECH & COMMUNICATIONS FD
                                                    Registered Investment
                                                    Companies
    145,973.74        98,875.24       3,866.85    Value of Interest in         MFO PBHG GROWTH FD INC COMMOM OPEN END FD
                                                    Registered Investment
                                                    Companies
     16,693.54        13,747.14       1,158.47    Value of Interest in         MFO PBHG STRATEGIC SM
                                                    Registered Investment
                                                    Companies
     25,729.30        21,451.45         708.60    Value of Interest in         MFO PILGRIM MUT FDS INTL SMALL CAP
                                                    Registered Investment        GROWTH FD CL Q ISIN US72146E553
                                                    Companies
      1,017.28         1,024.27          18.84    Value of Interest in         MFO PIMCO FDS MULTI MANAGER SER
                                                    Registered Investment        INNOVATION FD CL A
                                                    Companies
</TABLE>



                                Page 114 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>             <C>             <C>                          <C>
     50,452.46        53,714.45       5,000.24    Value of Interest in         MFO PIMCO FDS PAC INVT MGMT SER FGN BD
                                                    Registered Investment        FD CL D
                                                    Companies
     32,131.16        35,161.52       3,209.91    Value of Interest in         MFO PIMCO FDS PAC INVT MGMT SER TOTAL
                                                    Registered Investment        RETURN FD CL D
                                                    Companies
    206,472.51       222,277.10      11,445.26    Value of Interest in         MFO PIONEER CAP GROWTH
                                                    Registered Investment
                                                    Companies
 14,181,529.36    10,520,951.48   1,027,647.06    Value of Interest in         MFO PIONEER EMERGING MKTS FD CL A
                                                    Registered Investment
                                                    Companies
         96.54           109.05           4.74    Value of Interest in         MFO PIONEER II INC COM STK OPEN END FD
                                                    Registered Investment
                                                    Companies
    138,228.58       146,967.21       6,538.72    Value of Interest in         MFO PIONEER INTL GROWTH FD CL A
                                                    Registered Investment
                                                    Companies
     38,272.29        20,071.28       1,209.24    Value of Interest in         MFO POTOMAC FDS OTC PLUS FD
                                                    Registered Investment
                                                    Companies
      5,853.15         5,228.81         361.98    Value of Interest in         MFO PRICE T ROWE HLTH SCI FD INC COM
                                                    Registered Investment
                                                    Companies
     19,488.97        21,026.40         532.34    Value of Interest in         MFO PROFUNDS BEAR PROFUND INVS
                                                    Registered Investment
                                                    Companies
    170,103.85       158,952.63       7,971.13    Value of Interest in         MFO PROFUNDS ULRABULL PROFUND INVS CL
                                                    Registered Investment
                                                    Companies
     67,214.90        79,094.50       2,728.99    Value of Interest in         MFO PROFUNDS ULTRABEAR PROFUND INVS CL
                                                    Registered Investment
                                                    Companies
    204,235.51       166,618.78       3,156.65    Value of Interest in         MFO PROFUNDS ULTRAOTC PROFUND INVS CL
                                                    Registered Investment
                                                    Companies
     85,282.91        95,112.51      20,699.74    Value of Interest in         MFO PRUDENT BEAR FDS INC
                                                    Registered Investment
                                                    Companies
     11,029.98        10,000.00         651.89    Value of Interest in         MFO RCM EQTY FDS INC DRESDNER RCM
                                                    Registered Investment        BIOTECHNOLOGY FD
                                                    Companies
    171,879.79       142,800.00       8,184.75    Value of Interest in         MFO RCM EQTY FDS INC DRESDNER RCM GLOBALSMALL FD CL N
                                                    Registered Investment
                                                    Companies
    112,262.26        86,490.84       2,394.16    Value of Interest in         MFO RCM EQTY FDS INC DRESDNER RCM GLOBALTECH FD CL N
                                                    Registered Investment
                                                    Companies
     68,487.39        57,738.65       1,078.20    Value of Interest in         MFO REYNOLDS FDS BLUE CHIP GROWTH FD
                                                    Registered Investment
                                                    Companies
     10,540.52        17,591.12       1,162.13    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR
                                                    Registered Investment        CONTRARIAN FD
                                                    Companies
      4,648.96         3,791.40         173.99    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR
                                                    Registered Investment        DIVERSIFIED GROWTH FD
                                                    Companies
     10,396.43        11,845.34         767.26    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
     25,582.12        14,481.22         889.81    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR INFO AGE FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 115 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     28,250.89        22,504.65       1,507.52    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR MICROCAP GROWTH FD
                                                    Registered Investment
                                                    Companies
     19,978.03        18,820.93         707.69    Value of Interest in         MFO ROBERTSON STEPHENS INVT TR VALUE
                                                    Registered Investment        PLUS GROWTH FD
                                                    Companies
     33,714.49        20,526.55         978.08    Value of Interest in         MFO ROWE T PRICE BLUE CHIP GROWTH FD
                                                    Registered Investment
                                                    Companies
     97,662.31        89,748.58       3,627.87    Value of Interest in         MFO ROWE T PRICE EQTY INC FD SH BEN INT OPEN END FD
                                                    Registered Investment
                                                    Companies
     17,232.76        15,774.77         736.13    Value of Interest in         MFO ROWE T PRICE INTL FD EUROPEAN STK FDOPEN END FD
                                                    Registered Investment
                                                    Companies
      4,300.37         2,741.75         113.29    Value of Interest in         MFO ROWE T PRICE MID-CAP GROWTH FD INC COM
                                                    Registered Investment
                                                    Companies
      6,997.20         5,712.47         262.56    Value of Interest in         MFO ROWE T PRICE NEW HORIZONS FD INC COM
                                                    Registered Investment
                                                    Companies
    259,743.03       128,972.25       4,082.73    Value of Interest in         MFO ROWE T PRICE SCI & TECH FD OPEN END
                                                    Registered Investment
                                                    Companies
     12,810.04        10,981.55         586.81    Value of Interest in         MFO ROWE T PRICE SMALL CAP FD
                                                    Registered Investment
                                                    Companies
      2,173.45         2,023.22         292.52    Value of Interest in         MFO ROYCE TOTAL RETURN FD
                                                    Registered Investment
                                                    Companies
    140,811.53       118,724.02       2,926.26    Value of Interest in         MFO RS EMERGING GROWTH FD
                                                    Registered Investment
                                                    Companies
     37,222.50        20,000.00       1,604.42    Value of Interest in         MFO RYDEX SER TR
                                                    Registered Investment
                                                    Companies
     66,627.48        90,644.22      12,180.53    Value of Interest in         MFO RYDEX SER TR ARKTOS FD
                                                    Registered Investment
                                                    Companies
     63,619.39        56,254.71       1,675.08    Value of Interest in         MFO RYDEX SER TR NOVA FD
                                                    Registered Investment
                                                    Companies
    595,800.27       463,938.47       9,002.72    Value of Interest in         MFO RYDEX SER TR OTC FD
                                                    Registered Investment
                                                    Companies
    286,353.17       313,373.85      34,793.82    Value of Interest in         MFO RYDEX SER TR URSA FD
                                                    Registered Investment
                                                    Companies
     13,463.49        11,424.78         537.25    Value of Interest in         MFO SAFECO EQTY FD INC
                                                    Registered Investment
                                                    Companies
     38,378.23        44,669.33       1,822.33    Value of Interest in         MFO SAFECO GROWTH FD INC
                                                    Registered Investment
                                                    Companies
     11,491.03        10,822.04       1,081.00    Value of Interest in         MFO SCHWAB 10 TR UNIT 1998 SER C SEMI
                                                    Registered Investment        ANNUAL
                                                    Companies
      8,205.50         7,190.72         540.19    Value of Interest in         MFO SCHWAB CAP TR AST DIR BALANCED
                                                    Registered Investment        GROWTH FD
                                                    Companies
      4,800.51         4,053.10         284.73    Value of Interest in         MFO SCHWAB CAP TR AST DIR HI GROWTH FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 116 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>            <C>              <C>                          <C>
    434,191.34       359,207.48      30,555.34    Value of Interest in         MFO SCHWAB CAP TR ONESOURCE BALANCED
                                                    Registered Investment        PORTFOLIO
                                                    Companies
    164,364.68       119,685.25       7,609.48    Value of Interest in         MFO SCHWAB CAP TR S&P 500 FD INV SHS
                                                    Registered Investment
                                                    Companies
      2,015.95         1,739.90         109.03    Value of Interest in         MFO SCHWAB CAP TR SMALL CAP INDEX FD
                                                    Registered Investment
                                                    Companies
     21,580.00        20,000.00       1,000.00    Value of Interest in         MFO SCHWAB CAP TR TOTAL STK MKT INDEX FDINV SHS
                                                    Registered Investment
                                                    Companies
  2,100,555.11     2,100,555.11   2,100,555.11    Value of Interest in         MFO SCHWAB CHARLES FAMILY FDS VALUE
                                                    Registered Investment        ADVANTAGE MONEY FD
                                                    Companies
 17,135,156.28    17,135,156.28  17,135,156.28    Value of Interest in         MFO SCHWAB FAMILY FD MONEY MKT FD
                                                    Registered Investment
                                                    Companies
     30,699.96        30,699.96      30,699.96    Value of Interest in         MFO SCHWAB GOVT SEC FD
                                                    Registered Investment
                                                    Companies
     80,033.05        62,483.55       2,105.03    Value of Interest in         MFO SCHWAB INVTS 1000 EQTY FD
                                                    Registered Investment
                                                    Companies
    233,178.48       233,178.48     233,178.48    Value of Interest in         MFO SCHWAB U.S TREAS MONEY FD
                                                    Registered Investment
                                                    Companies
     20,169.97        17,655.98         658.07    Value of Interest in         MFO SCUDDER INTL FD INC GRTR EUROPE
                                                    Registered Investment        GROWTH FD
                                                    Companies
     10,549.31         9,276.43         778.55    Value of Interest in         MFO SCUDDER INTL FD INC PAC
                                                    Registered Investment        OPPORTUNITIES FD OPEN END FD
                                                    Companies
     13,099.10        11,106.46         777.86    Value of Interest in         MFO SCUDDER JAPAN FD INC COM
                                                    Registered Investment
                                                    Companies
     16,831.54        18,978.69         746.08    Value of Interest in         MFO SCUDDER LATIN AMER FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     69,877.24        92,609.95      10,555.47    Value of Interest in         MFO SCUDDER MUT FDS INC GOLD FD
                                                    Registered Investment
                                                    Companies
     39,367.11        41,232.04       3,154.42    Value of Interest in         MFO SCUDDER PORTFOLIO TR INC FD
                                                    Registered Investment
                                                    Companies
      9,267.40         5,000.00         285.06    Value of Interest in         MFO SCUDDER SEC TR TECH FD
                                                    Registered Investment
                                                    Companies
     96,726.83        91,095.63       2,747.14    Value of Interest in         MFO SELECTED AMER SH INC CAP STK OPEN
                                                    Registered Investment        END FD
                                                    Companies
     15,218.13        11,808.52         866.14    Value of Interest in         MFO SENECA FDS MID CAP GROWTH
                                                    Registered Investment
                                                    Companies
      9,540.93        11,510.77         947.46    Value of Interest in         MFO SENECA FDS REAL ESTATE SECS FD ADMINSHS
                                                    Registered Investment
                                                    Companies
     24,491.04        23,717.12       1,502.52    Value of Interest in         MFO SMITH BREEDEN TR MKT TRACKING FD
                                                    Registered Investment
                                                    Companies
     10,223.46         9,631.53         354.86    Value of Interest in         MFO SOUND SHORE FD INC COM
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 117 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
      2,367.39         2,385.79         278.52    Value of Interest in         MFO STEIN ROE INTER BD FD
                                                    Registered Investment
                                                    Companies
     70,237.85        59,323.57       2,071.30    Value of Interest in         MFO STEIN ROE INVT TR CAP OPPORTUNITIES FD
                                                    Registered Investment
                                                    Companies
      1,522.54         1,167.30          57.02    Value of Interest in         MFO STEIN ROE INVT TR GROWTH & INC FD
                                                    Registered Investment
                                                    Companies
      5,549.36         5,605.75         247.85    Value of Interest in         MFO STEIN ROE INVT TR SPL FD
                                                    Registered Investment
                                                    Companies
    195,533.68       177,001.86       7,716.40    Value of Interest in         MFO STRONG AST ALLOCATION FD
                                                    Registered Investment
                                                    Companies
     67,640.54        72,434.75       4,216.99    Value of Interest in         MFO STRONG DISCOVERY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     28,181.19        31,601.09       1,756.93    Value of Interest in         MFO STRONG DISCOVERY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     20,731.11        14,449.00         620.69    Value of Interest in         MFO STRONG EQTY FDS INC ENTERPRISE FD
                                                    Registered Investment
                                                    Companies
     98,068.63        53,234.75       3,144.23    Value of Interest in         MFO STRONG EQTY FDS INC GROWTH FD
                                                    Registered Investment
                                                    Companies
     36,763.68        20,850.17       1,395.21    Value of Interest in         MFO STRONG GROWTH & INC FD COM
                                                    Registered Investment
                                                    Companies
    713,181.39       567,540.09      15,271.55    Value of Interest in         MFO STRONG OPPORTUNITY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
     49,571.63        37,768.26       1,061.49    Value of Interest in         MFO STRONG OPPORTUNITY FD OPEN END FD
                                                    Registered Investment
                                                    Companies
    276,409.98       355,326.21       5,641.02    Value of Interest in         MFO STRONG SCHAFER VALUE FD
                                                    Registered Investment
                                                    Companies
      2,762.13         3,324.41          56.37    Value of Interest in         MFO STRONG SCHAFER VALUE FD
                                                    Registered Investment
                                                    Companies
    317,004.16       275,361.62       7,130.10    Value of Interest in         MFO STRONG TOTAL RETURN FD INC COM STK
                                                    Registered Investment        OPEN END FD
                                                    Companies
     82,039.59        72,339.31       1,951.00    Value of Interest in         MFO TORRAY FD SH BEN INT
                                                    Registered Investment
                                                    Companies
      3,378.32         2,568.24         122.63    Value of Interest in         MFO TRANSAMERICA INVS INC PREMIER
                                                    Registered Investment        AGGRESIVE GROWTH FD INV CL
                                                    Companies
     20,087.49        18,954.97         977.02    Value of Interest in         MFO TRANSAMERICA INVS INC PREMIER
                                                    Registered Investment        BALANCED FD INVS SHS
                                                    Companies
      2,512.55         1,974.07          90.09    Value of Interest in         MFO TRANSAMERICA INVS INC PREMIER EQTY
                                                    Registered Investment        FD INV SHS
                                                    Companies
    152,896.15       135,016.86       4,733.63    Value of Interest in         MFO TRANSAMERICA INVS INC PREMIER SMALL CO
                                                    Registered Investment        FD INV CL
                                                    Companies
     94,084.29        52,199.74       2,239.57    Value of Interest in         MFO TURNER FDS SMALL CAP FD
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 118 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>             <C>          <C>                          <C>
     48,140.77        49,682.03       1,879.03    Value of Interest in         MFO TUSCARORA INVT TR OAK VALUE FD
                                                    Registered Investment
                                                    Companies
     35,770.44        28,693.21       1,721.39    Value of Interest in         MFO TWEEDY BROWN FD INC GLOBAL VALUE FD
                                                    Registered Investment
                                                    Companies
      2,689.50         1,703.68         114.89    Value of Interest in         MFO TWEEDY BROWNE FD INC AMER VALUE FD
                                                    Registered Investment        FORMERLY VALUE FD 10-01-1994
                                                    Companies
      1,883.51         2,511.90         209.75    Value of Interest in         MFO U.S GLOBAL ACCOLADE FDS REGENT
                                                    Registered Investment        EASTNEUROPEAN FD
                                                    Companies
     26,436.49        25,000.00       2,520.16    Value of Interest in         MFO UAM FDS INC ACADIAN EMERGING MKT
                                                    Registered Investment        PORTFOLIO
                                                    Companies
     82,026.81       185,138.35       9,906.62    Value of Interest in         MFO UNITED SERVICES WORLD GOLD FD OPEN
                                                    Registered Investment        END FD
                                                    Companies
    205,353.40       129,113.14       7,320.98    Value of Interest in         MFO US GLOBAL ACCO BONNEL GROWTH FD
                                                    Registered Investment
                                                    Companies
      4,799.79         5,520.14         677.94    Value of Interest in         MFO VALUE LINE AGGRESSIVE INC TR SH BEN INT
                                                    Registered Investment
                                                    Companies
     11,322.23        10,000.00         555.56    Value of Interest in         MFO VALUE LINE AST ALLOCATION FD INC COM
                                                    Registered Investment
                                                    Companies
    322,718.88       163,366.76       8,661.27    Value of Interest in         MFO VAN WAGONER FDS INC EMERGING GROWTH FD 
                                                                                 ISIN #US9212802022
                                                    Registered Investment
                                                    Companies
     48,206.07        36,765.19       1,585.73    Value of Interest in         MFO VAN WAGONER FDS INC MICRO-CAP FD
                                                    Registered Investment
                                                    Companies
      5,141.44         5,000.00         207.99    Value of Interest in         MFO VAN WAGONER FDS INC MID-CAP FD
                                                    Registered Investment
                                                    Companies
      5,450.10         5,000.00         157.38    Value of Interest in         MFO VAN WAGONER FDS INC POST-VENTURE FD
                                                    Registered Investment
                                                    Companies
      6,451.89         5,294.02         122.94    Value of Interest in         MFO VAN WAGONER FDS INC TECH FD
                                                    Registered Investment
                                                    Companies
      9,121.19         8,655.31         366.02    Value of Interest in         MFO VANGUARD AST ALLOCATION FD INC
                                                    Registered Investment
                                                    Companies
    224,585.45       232,308.77      22,548.74    Value of Interest in         MFO VANGUARD FXD INC SECS FD INC GNMA
                                                    Registered Investment        PORTFOLIO
                                                    Companies
     14,732.13        15,740.79       1,993.52    Value of Interest in         MFO VANGUARD FXD INC SECS FD INC HI
                                                    Registered Investment        YIELD BD PORTFOLIO
                                                    Companies
     62,837.67        63,693.29       6,315.34    Value of Interest in         MFO VANGUARD FXD INC SECS FD INC SHORT
                                                    Registered Investment        TERM GOVT BD PORTFOLIO
                                                    Companies
    291,748.00       224,705.96       2,268.65    Value of Interest in         MFO VANGUARD INDEX TR - 500 PORTFOLIO
                                                    Registered Investment        SHBEN INT OPEN END FD
                                                    Companies
     18,089.23        15,046.40         520.25    Value of Interest in         MFO VANGUARD INDEX TR EXTD MKT PORTFOLIOOPEN END FD
                                                    Registered Investment
                                                    Companies
    122,292.79        93,036.57       3,261.14    Value of Interest in         MFO VANGUARD INDEX TR GROWTH PORTFOLIO
                                                    Registered Investment
                                                    Companies
</TABLE>



                                Page 119 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>              <C>            <C>           <C>                          <C>
      7,747.51         6,684.51         248.88    Value of Interest in         MFO VANGUARD INDEX TR TOTAL STK MKT
                                                    Registered Investment        PORTFOLIO OPEN END FD
                                                    Companies
     59,901.14        54,412.91       2,238.46    Value of Interest in         MFO VANGUARD INTL EQTY INDEX FD INC
                                                    Registered Investment        EUROPEAN PORTFOLIO OPEN END FD
                                                    Companies
     79,256.55        64,741.05       2,205.86    Value of Interest in         MFO VANGUARD QUANITATIVE PORTFOLIOS INC OPEN END FD
                                                    Registered Investment
                                                    Companies
    120,180.01       122,501.16       5,517.91    Value of Interest in         MFO VANGUARD SPECIALIZED PORTFOLIO
                                                    Registered Investment        ENERGY PORTFOLIO OPEN END FD
                                                    Companies
     38,063.37        42,682.35       4,751.98    Value of Interest in         MFO VANGUARD SPECIALIZED PORTFOLIOS GOLD& 
                                                    Registered Investment        PRECIOUS METALS PORTFOLIO OPEN END FD
                                                    Companies
    210,178.33       154,073.18       2,081.80    Value of Interest in         MFO VANGUARD SPECIALIZED PORTFOLIOS
                                                    Registered Investment        HLTHCARE PORTFOLIO OPEN END FD
                                                    Companies
     35,388.16        31,278.82         826.63    Value of Interest in         MFO VANGUARD U.S GROWTH PORTFOLIO
                                                    Registered Investment
                                                    Companies
    136,878.61       124,001.88       4,807.82    Value of Interest in         MFO VANGUARD WINDSOR II FD
                                                    Registered Investment
                                                    Companies
     35,267.79        27,345.80       1,649.57    Value of Interest in         MFO VANGUARD WORLD FD INTL GROWTH FD
                                                    Registered Investment
                                                    Companies
     25,849.37        26,908.33       1,265.89    Value of Interest in         MFO VANGUARD/WELLESLEY INC FD INC COMM
                                                    Registered Investment        OPEN END FD
                                                    Companies
        835.46         1,937.61         110.37    Value of Interest in         MFO VONTOBEL FDS INC EASTN EUROPEAN EQTYFD
                                                    Registered Investment
                                                    Companies
      5,127.05         5,000.00          87.61    Value of Interest in         MFO WARBURG PINCUS GLOBAL
                                                    Registered Investment        TELECOMMUNICATIONS FD INC COM SHS
                                                    Companies
     10,379.04         8,774.15         429.95    Value of Interest in         MFO WARBURG PINCUS INTL EQTY FD OPEN ENDFD
                                                    Registered Investment
                                                    Companies
     31,622.17        25,475.53       1,078.52    Value of Interest in         MFO WARBURG PINCUS JAPAN GWTH FD
                                                    Registered Investment
                                                    Companies
    160,346.50       110,031.19       6,840.72    Value of Interest in         MFO WARBURG PINCUS JAPAN SMALL CO FD
                                                    Registered Investment        FORMERLY WARBURG PINCUS JAPAN OTC COM
                                                    Companies
     40,605.53        27,139.51       9,334.60    Value of Interest in         MFO WASATCH ADVISORS FDS INC MICRO-CAP FD
                                                    Registered Investment
                                                    Companies
     42,805.42        37,697.79       1,130.03    Value of Interest in         MFO WEITZ HICKORY FD
                                                    Registered Investment
                                                    Companies
     85,580.20        78,770.80       4,304.84    Value of Interest in         MFO WEITZ PARTNERS INC VALUE FD
                                                    Registered Investment
                                                    Companies
     45,209.29        43,498.85       1,329.29    Value of Interest in         MFO WEITZ SER FD INC VALUE PORTFOLIO
                                                    Registered Investment        OPEN END FD
                                                    Companies
      2,219.13         3,243.36         246.02    Value of Interest in         MFO YACKTMAN FD INC OPEN END FD
                                                    Registered Investment
                                                    Companies
    286,650.00       292,098.30     390,000.00    Other                        ARGENTINA REP NT ZERO CPN CL D DUE
                                                                                 10-15-2002 BEO
</TABLE>



                                Page 120 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
<S>              <C>             <C>              <C>                          <C>
    160,320.00       139,008.00     192,000.00    Other                        ARGENTINA(REP OF) 9.75% BDS 19/09/27 USD1000
  1,156,846.17     1,132,146.47          24.00    Other                        SPI DEC 1999 FUTURE @ SFE
 (1,156,846.17)   (1,132,146.47)        (24.00)   Other                        SPI DEC 1999 FUTURE @ SFE
     82,775.00        77,275.00     110,000.00    Other                        BRAZIL REP OF-NEW MONEYSER L ISIN
                                                                                 #XSOO49978165 DUE 04-15-2009 BEO
    241,412.50       227,385.00     310,000.00    Other                        BULGARIA(NAT REP) FRN 7/11 USD(VAR)BR
 10,985,140.18    11,007,639.73  16,500,000.00    Other                        CANADA(GOVT OF) 4.5% NTS 1/6/01 CAD1000
 (2,762,724.66)   (2,510,417.33)        (51.00)   Other                        CAC 40-10 INDEX DEC 1999 FUTURE
  2,762,724.66     2,510,417.33          51.00    Other                        CAC 40-10 INDEX DEC 1999 FUTURE
  2,225,117.05     2,146,999.22          15.00    Other                        DAX IDX DEC 99 FUTURE @ ERX
 (2,225,117.05)   (2,146,999.22)        (15.00)   Other                        DAX IDX DEC 99 FUTURE @ ERX
    748,061.72       767,618.50           5.00    Other                        DAX INDEX MARCH 2000 FUTURE @ ERX
   (748,061.72)     (767,618.50)         (5.00)   Other                        DAX INDEX MARCH 2000 FUTURE @ ERX
   (495,725.18)     (492,965.75)         (5.00)   Other                        HAN SENG INDEX DEC 1999 FUTURE
    495,725.18       492,965.75           5.00    Other                        HANG SENG INDEX DEC 1999 FUTURE
(10,441,601.02)   (9,174,338.90)        (65.00)   Other                        TOPIX INDEX FUTURE DEC 1999 (TSE)
 10,441,601.02     9,174,338.90          65.00    Other                        TOPIX INDEX FUTURE DEC 1999 (TSE)
    547,434.89       564,823.51   1,000,000.00    Other                        NEW ZEALAND(GOVT) 10% BDS 15/3/02 NZD100
     95,500.00        99,919.00     100,000.00    Other                        PANAMA REP PANAMA GLOBAL 2029 ISIN
                                                                                 US698299AK07 9.375 DUE 04-01-2029 BEO
    200,943.79       197,723.73     250,000.00    Other                        PANAMA(REP OF) FRN 7/2016 USD10000
    234,600.00       229,284.70     230,000.00    Other                        PHILIPPINES REP GLOBAL BD 9.5 DUE
                                                                                 10-21-2024 BEO PUT
     93,660.00        93,058.00     100,000.00    Other                        KOREA ELEC PWR CORP 7.75 BD DUE 4-1-2013REG
      1,913.10         1,748.25           2.00    Other                        EURIBOR 3 MONTH SEPT 2000 FUTURE PUT 96
     (1,913.10)       (1,748.25)         (2.00)   Other                        EURIBOR 3 MONTH SEPT 2000 FUTURE PUT 96
      3,105.79         4,403.42           4.00    Other                        90 DAY LIBOR SEPT 2000 FUTURE PUT 93
     (3,105.79)       (4,403.42)         (4.00)   Other                        90 DAY LIBOR SEPT 2000 FUTURE PUT 93
 (5,908,960.60)   (5,669,183.38)        (56.00)   Other                        FTSE 100 IDX DECEMBER 1999 FUTURE
  5,908,960.60     5,669,183.38          56.00    Other                        FTSE 100 IDX DECEMBER 1999 FUTURE
    319,012.20       324,841.94           3.00    Other                        FTSE 100 INDEX MARCH 2000 FUTURE
   (319,012.20)     (324,841.94)         (3.00)   Other                        FTSE 100 INDEX MARCH 2000 FUTURE
  1,022,712.21     1,048,640.82   2,000,000.00    Other                        FED NATL MORT ASSC 7.25% EMTN 20/6/02 NZD(REG)
          -                -              1.00    Other                        &&& UAL - CO. STOCK DISTRIBUTION (PAYABLE)
          -                -              1.00    Other                        &&& UAL - CO. STOCK DISTRIBUTION REC.
          -                -              1.00    Other                        &&& UAL - MM INT. ACCRUAL (PAYABLE)
          -                -              1.00    Other                        &&& UAL - PRIOR TRUSTEE REC.
(13,228,250.00)  (12,672,475.00)        (38.00)   Other                        &&&EQUITY FUTURES OFFSET - LONG
(35,916,625.00)  (35,315,955.00)       (103.00)   Other                        &&&EQUITY FUTURES OFFSET - LONG
(22,300,875.00)  (21,736,670.00)        (93.00)   Other                        &&&EQUITY FUTURES OFFSET - LONG
 (9,044,750.00)   (9,114,975.00)        (26.00)   Other                        &&&EQUITY FUTURES OFFSET - LONG
</TABLE>



                                Page 121 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>               <C>           <C>                          <C>
    435,925.00       436,033.10     470,000.00    Other                        COLOMBIA (REP OF) 9.75% BONDS 23.04.2009
 12,523,500.00    11,954,905.00          36.00    Other                        DEC 99 S&P 500
 29,221,500.00    28,482,225.00          84.00    Other                        DEC 99 S&P 500
  5,218,125.00     5,046,180.00          15.00    Other                        DEC 99 S&P 500
  9,044,750.00     9,114,975.00          26.00    Other                        DEC 99 S&P 500
 15,320,875.00    14,896,475.00          73.00    Other                        DEC 99 S&P MID 400
     70,462.40        71,072.00      80,000.00    Other                        FNMA DEB 6.21 08-06-2038
    471,494.40       480,485.20     520,000.00    Other                        FNMA FED NATL MTG ASSN 6.25 05-15-2029
    839,774.50       844,205.50     850,000.00    Other                        FNMA NT 6.625 09-15-2009
    704,750.00       717,570.00           2.00    Other                        MAR 00 S&P 500
  6,695,125.00     6,833,730.00          19.00    Other                        MAR 00 S&P 500
  1,761,875.00     1,794,015.00           5.00    Other                        MAR 00 S&P 500
    198,550.00       201,970.00     190,000.00    Other                        MEXICO(UTD MEX ST) 10.375% BDS 17/2/09 USD(XW)
    162,300.00       162,934.40       1,200.00    Other                        UIT INTERNET HOLDRS TR DEPOS
                                                                                 RCPT-INTERNET UNDIV INT $1000 UNIT VALUE
      7,660.46         7,310.58          55.00    Other                        UIT SPDR TR UNIT SER 1 CTF OF OWN EVID
                                                                                 UNDIV INT $1000 UNIT VALUE REG
     (2,100.00)         (414.98)         (8.00)   Other Liabilities            A T & T CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $55.00 PER SH
    (18,625.00)       (1,713.46)        (10.00)   Other Liabilities            ADR IONA TECHNLGS PLC COM STK CALL OPTN
                                                                                 EXP 12/18/99 W/STRK PR $15.00 PER SHR
    (15,900.00)       (7,131.54)        (24.00)   Other Liabilities            AMERICA ONLINE COM STK CALL OPTION
                                                                                 EXP 01/22/00 W/STRK $150.00 PER SHR
       (475.00)       (1,230.49)         (2.00)   Other Liabilities            AMERICA ONLINE COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $90.00 PER SH
     (3,875.00)      (10,909.92)        (20.00)   Other Liabilities            AMERICA ONLINE INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $80.00 PER SHR
     (3,100.00)       (1,663.97)         (8.00)   Other Liabilities            AMGEN INC COM STK CALL OPTION
                                                                                 EXP 01/22/00 W/STRK $45.00 PER SH
     (1,562.50)       (1,642.58)        (10.00)   Other Liabilities            AUTOWEB.COM INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SHR
       (500.00)         (364.98)         (4.00)   Other Liabilities            BEYOND.COM CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SHR
       (437.50)       (1,589.74)        (10.00)   Other Liabilities            BEYOND.COM CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $12.50 PER SHR
     (6,125.00)       (1,837.17)        (10.00)   Other Liabilities            CABLETRON SYS INC COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $17.50 PER SHR
     (4,725.00)       (1,014.96)         (6.00)   Other Liabilities            CABLETRON SYSTEMS COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $15.00 PER SH
       (687.50)         (527.44)        (10.00)   Other Liabilities            CELL PATHWAYS COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $12.50 PER SH
     (1,875.00)         (964.92)        (10.00)   Other Liabilities            CIRRUS LOGIC INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $12.50 PER SHR
</TABLE>



                                Page 122 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>               <C>               <C>       <C>                          <C>
    (15,150.00)       (5,325.97)         (6.00)   Other Liabilities            CISCO SYSTEMS COM STK CALL OPTION
                                                                                 EXP 01/22/00 W/STRK $65.00 PER SHR
    (37,500.00)       (8,104.91)        (30.00)   Other Liabilities            CISCO SYSTEMS COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $80.00 PER SH
     (2,100.00)       (1,202.45)         (6.00)   Other Liabilities            CISCO SYSTEMS INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $90.00 PER SHR
     (5,137.50)       (4,732.56)         (3.00)   Other Liabilities            CMGI INC COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $160.00 PER SH
     (5,875.00)       (2,321.25)         (5.00)   Other Liabilities            COMPUTER ASSOC COM STCK CALL OPTION
                                                                                 EXP 1-22-00 W/STRK PR $55.00
       (750.00)         (621.22)         (5.00)   Other Liabilities            CYBERCASH INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SHR
     (4,387.50)       (1,080.96)        (18.00)   Other Liabilities            CYBERIAN OUTPOST INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SH
     (1,000.00)       (1,775.31)        (10.00)   Other Liabilities            DELL COMPUTER CORP COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $50.00 PER SHR
     (1,218.75)       (1,901.71)        (13.00)   Other Liabilities            DELL COMPUTER CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $45.00 PER SHR
     (4,562.50)       (3,450.60)         (5.00)   Other Liabilities            EBAY INC COM STK CALL OPTION
                                                                                 EXP 11/20/99 W/STRK PR $190.00 PER SH
     (5,425.00)       (3,798.80)        (14.00)   Other Liabilities            EMC CORP COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $90.00 PER SHR
     (1,800.00)       (1,975.81)         (6.00)   Other Liabilities            EMC CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $85.00 PER SHR
       (812.50)       (1,214.91)        (10.00)   Other Liabilities            FDX CORP COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $50.00 PER SHR
       (312.50)       (4,059.18)        (10.00)   Other Liabilities            GENESIS MICROCHIP INC COM STK CALL OPTN
                                                                                 EXP 12/18/99 W/STRK PR $22.50 PER SHR
     (1,268.75)       (1,408.70)         (7.00)   Other Liabilities            HEWLETT PACKARD CO COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $100.00 PER SHR
     (4,687.50)         (964.96)         (5.00)   Other Liabilities            HEWLETT PACKARD COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $90.00 PER SH
     (4,625.00)       (2,012.77)        (10.00)   Other Liabilities            ICN PHARMACEUTICALS COM STK CALL OPTION
                                                                                 EXP 12/18/1999 W/STRK PR $20.00 PER SH
       (400.00)       (1,605.56)         (8.00)   Other Liabilities            INFOSEEK CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $35.00 PER SHR
     (1,350.00)       (1,605.62)         (8.00)   Other Liabilities            INTEL CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $80.00 PER SH
       (525.00)       (1,304.41)         (4.00)   Other Liabilities            INTL BUS MACH CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $110.00 PER SHR
       (250.00)         (514.98)         (4.00)   Other Liabilities            INTL BUSINESS MACH COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $115.00 PER SH
</TABLE>



                                Page 123 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
    <S>               <C>               <C>       <C>                          <C>
     (6,562.50)       (2,074.46)         (5.00)   Other Liabilities            LEVEL 3 COMMUNICATIONS COM STK CALL OPTN
                                                                                 EXP 12/18/99 W/STRK PR $60.00 PER SHR
       (625.00)       (1,081.10)        (10.00)   Other Liabilities            LORAL SPACE & COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $22.50 PER SH
     (1,150.00)         (740.26)         (2.00)   Other Liabilities            MICROSOFT CORP COM STK CALL OPTION
                                                                                 EXP 01/22/00 W/STRK $90.00 PER SHR
       (475.00)         (664.97)         (4.00)   Other Liabilities            MICROSOFT CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $95.00 PER SH
       (312.50)         (839.96)         (5.00)   Other Liabilities            MICROSOFT INC COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $110.00 PER SH
     (7,875.00)       (1,899.03)        (10.00)   Other Liabilities            NETWORK ASSOC INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $17.50 PER SHR
     (1,912.50)         (865.21)         (3.00)   Other Liabilities            NETWORK ASSOCIATES COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $20.00 PER SH
     (3,875.00)       (1,018.60)        (10.00)   Other Liabilities            OMNICARE INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SHR
    (14,125.00)       (1,899.03)         (5.00)   Other Liabilities            ORTEL CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $35.00 PER SHR
       (618.75)         (658.72)         (3.00)   Other Liabilities            OSICOM TECH COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $20.00 PER SH
     (1,875.00)       (2,270.18)        (10.00)   Other Liabilities            PACIFIC GATEWAY EX COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $20.00 PER SH
       (587.50)         (665.26)         (2.00)   Other Liabilities            PFIZER COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $35.00 PER SH
       (875.00)       (1,328.71)        (20.00)   Other Liabilities            PHILLIP MORRIS COS COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $27.50 PER SHR
     (2,000.00)       (5,167.92)        (20.00)   Other Liabilities            PILOT NETWORK COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SH
     (1,125.00)       (4,391.62)        (15.00)   Other Liabilities            PILOT NETWRK SVCS INC COM STK CALL OPTN
                                                                                 EXP 12/18/99 W/STRK PR $22.50 PER SHR
       (512.50)         (240.28)         (1.00)   Other Liabilities            PRODIGY COMMUNICATION COM STK CALL OPTIO
                                                                                 EXP 12/18/1999 W/STRK PR $22.50 PER SH
     (7,125.00)       (2,580.11)         (5.00)   Other Liabilities            SEMTECH CORP COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $35.00 PER SHR
     (1,518.75)       (1,762.95)         (9.00)   Other Liabilities            SKYWEST INC COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $25.00 PER SHR
     (2,362.50)         (664.97)         (7.00)   Other Liabilities            SOURCE MEDIA COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $15.00 PER SH
       (731.25)         (970.01)         (9.00)   Other Liabilities            SOUTHWEST AIRLINES COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $17.50 PER SHR
     (3,750.00)         (956.10)        (10.00)   Other Liabilities            SPYGLASS CO COM STK CALL OPTION
                                                                                 EXP 12/18/1999 W/STRK PR $17.50 PER SH
</TABLE>



                                Page 124 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
 <S>              <C>                   <C>       <C>                          <C>
     (3,750.00)       (4,321.09)        (10.00)   Other Liabilities            SPYGLASS INC COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $30.00 PER SHR
     (1,062.50)       (1,527.43)         (5.00)   Other Liabilities            SPYGLASS INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $30.00 PER SHR
       (325.00)         (389.98)         (4.00)   Other Liabilities            STAR TELECOMMUNICATNS COM STK CALL OPTN
                                                                                 EXP 12/18/99 W/STRK PR $7.50 PER SHR
    (22,500.00)       (2,208.32)        (10.00)   Other Liabilities            SUN MICROSYSTEMS COM STK CALL OPTIONS
                                                                                 EXP 01/22/2000 W/STRK PR $115.00 PER SH
     (3,600.00)       (3,388.60)         (6.00)   Other Liabilities            SUN MICROSYSTEMS INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $135.00 PER SHR
     (1,150.00)         (689.97)         (4.00)   Other Liabilities            TELEBANC FINANCIAL COM STK CALL OPTION
                                                                                 EXP 12/18/1999 W/STRK PR $25.00 PER SH
       (750.00)         (777.43)        (10.00)   Other Liabilities            TRAVEL SERVICES INTL COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $10.00 PER SH
     (6,000.00)       (3,354.65)         (5.00)   Other Liabilities            TUT SYSTEMS INC COM STK CALL OPTION
                                                                                 EXP 02/19/00 W/STRK PR $30.00 PER SHR
     (1,800.00)         (739.53)         (4.00)   Other Liabilities            VALENCE TECH COM STK CALL OPTION
                                                                                 EXP 03/18/2000 W/STRK PR $5.00 PER SH
     (1,600.00)         (465.27)         (2.00)   Other Liabilities            WALMART STORES INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $50.00 PER SHR
       (468.75)         (338.13)         (5.00)   Other Liabilities            WALT DISNEY COM STK CALL OPTION
                                                                                 EXP 01/22/00 W/STRK $30.00 PER SHR
        (93.75)         (121.53)         (5.00)   Other Liabilities            WASTE MANAGEMENT COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $27.50 PER SH
     (1,687.50)         (527.44)        (10.00)   Other Liabilities            WESTELL TECHNLGS INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $7.50 PER SHR
     (2,312.50)       (1,464.95)         (5.00)   Other Liabilities            WORLDCOM COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $10.00 PER SH
    (14,250.00)       (5,564.64)        (10.00)   Other Liabilities            XILINX COM STK CALL OPTION
                                                                                 EXP 01/22/2000 W/STRK PR $80.00 PER SH
     (5,350.00)       (5,061.38)         (4.00)   Other Liabilities            YAHOO INC COM STK CALL OPTION
                                                                                 EXP 12/18/99 W/STRK PR $210.00 PER SHR
     (1,450.00)         (864.97)         (2.00)   Other Liabilities            ZIXIT CORP COM STK CALL OPTION
                                                                                 EXP 12/18/1999 W/STRK PR $40.00 PER SH
   (541,257.02)     (560,156.39)          -       Other Liabilities            Pending foreign exchange sales: Australian dollar
   (605,832.62)     (603,160.15)          -       Other Liabilities            Pending foreign exchange sales: Canadian dollar
   (998,235.72)   (1,040,638.71)          -       Other Liabilities            Pending foreign exchange sales: Euro
 (1,659,320.68)   (1,714,052.94)          -       Other Liabilities            Pending foreign exchange sales: British pound 
                                                                                 sterling
 (4,453,393.57)   (4,267,127.61)          -       Other Liabilities            Pending foreign exchange sales: Japanese yen
   (211,888.72)     (202,693.09)          -       Other Liabilities            Pending foreign exchange sales: South Korean won
   (274,598.42)     (270,747.79)          -       Other Liabilities            Pending foreign exchange sales: New Taiwan dollar
</TABLE>



                                Page 125 of 126

<PAGE>


<TABLE>
<CAPTION>
   Market Value       Cost           Shares       Category                     Decription
   ------------       ----           ------       --------                     ----------
<S>              <C>                     <C>      <C>                          <C>
(26,353,464.69)  (26,353,464.69)          -       Other Liabilities            Pending foreign exchange sales: United States dollar
(11,269,233.71)  (11,249,378.72)          -       Other Liabilities            Pending trade purchases: Canadian dollar
   (238,974.51)     (243,799.83)          -       Other Liabilities            Pending trade purchases: Euro
   (195,931.65)     (197,563.95)          -       Other Liabilities            Pending trade purchases: British pound sterling
   (154,229.11)     (153,581.38)          -       Other Liabilities            Pending trade purchases: Japanese yen
 (2,727,784.30)   (2,801,630.50)          -       Other Liabilities            Pending trade purchases: New Zealand dollar
     (7,419.76)       (7,465.28)          -       Other Liabilities            Pending trade purchases: Philippine peso
(60,825,620.01)  (60,825,620.01)          -       Other Liabilities            Pending trade purchases: United States dollar
                                         32.00    Payable Other                AUDITING EXPENSE ACCRUAL
                                          1.00    Payable Other                MISCELLANEOUS VALUATION EXPENSE ACCRUAL
                                          6.00    Payable Other                TRUSTEE/CUSTODY EXPENSE ACCRUAL
</TABLE>



                                Page 126 of 126



<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>      <C>           <C>        <C>           <C>            <C> 
PRUDENTIAL SECS

Austalian dollar - AUD
FX DEAL TRANSACTED ON 13 SEP 1999 AUD / USD EX.RATE        AUD       400,000.00    9/13/99   263,500.00    254,289.05     (9,210.95)
    1.5180266 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / AUD EX.RATE        AUD      (100,000.00)   12/7/98    62,040.00     62,325.10       (285.10)
    0.6204    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / AUD EX.RATE        AUD      (200,000.00)  12/11/98   123,820.00    124,650.20       (830.20)
    0.6191    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / AUD EX.RATE        AUD      (105,000.00)  12/15/98    65,373.00     65,441.36        (68.36)
    0.6226    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / AUD EX.RATE        AUD      (850,000.00)  12/16/98   527,510.00    529,763.35     (2,253.35)
    0.6206    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 AUD / USD EX.RATE        AUD       850,000.00   12/16/98   528,530.00    536,816.11      8,286.11
    1.6082342 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 23 DEC 1998 AUD / USD EX.RATE        AUD       150,000.00   12/23/98    92,115.00     94,732.26      2,617.26
    1.6283993 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 19 JAN 1999 USD / AUD EX.RATE        AUD      (150,000.00)   1/19/99    95,370.00     94,732.26        637.74
    0.6358    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 FEB 1999 USD / AUD EX.RATE        AUD      (100,000.00)    2/1/99    63,570.00     63,154.84        415.16
    0.6357    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / AUD EX.RATE        AUD      (300,000.00)    3/8/99   188,940.00    189,464.51       (524.51)
    0.6298    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / AUD EX.RATE        AUD      (450,000.00)   3/16/99   280,890.00    284,196.77     (3,306.77)
    0.6242    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 AUD / USD EX.RATE        AUD       450,000.00    3/16/99   281,250.00    295,875.50     14,625.50
    1.6       WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 MAR 1999 USD / AUD EX.RATE        AUD      (150,000.00)   3/31/99    95,362.50     98,625.17     (3,262.67)
    0.63575   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / AUD EX.RATE        AUD      (300,000.00)   6/16/99   196,980.00    197,250.33       (270.33)
    0.6566    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 AUD / USD EX.RATE        AUD       300,000.00    6/16/99   197,250.00    194,114.45     (3,135.55)
    1.5209125 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 AUD / USD EX.RATE        AUD       400,000.00    7/12/99   265,040.00    258,819.27     (6,220.73)
    1.5092062 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / AUD EX.RATE        AUD      (300,000.00)    9/3/99   193,308.00    194,114.45       (806.45)
    0.64436   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 SEP 1999 USD / AUD EX.RATE        AUD      (400,000.00)   9/13/99   263,040.00    258,819.27      4,220.73
    0.6576    WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 1 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>             <C> 
FX DEAL TRANSACTED ON 28 SEP 1999 USD / AUD EX.RATE        AUD      (300,000.00)   9/28/99   196,440.00    190,716.78      5,723.22
    0.6548    WITH PRUDENTIAL SECURITIES NEW YORK

British pound sterling - GBP
FX DEAL TRANSACTED ON 13 AUG 1999 GBP / USD EX.RATE        GBP       750,000.00    8/13/99 1,207,912.50  1,194,554.55    (13,357.95)
    0.6209059 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 OCT 1999 GBP / USD EX.RATE        GBP       200,000.00    10/5/99   330,946.00    318,547.88    (12,398.12)
    0.6043282 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 DEC 1998 GBP / USD EX.RATE        GBP       300,000.00    12/1/98   494,250.00    502,016.43      7,766.43
    0.6069803 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / GBP EX.RATE        GBP      (100,000.00)   12/7/98   165,230.00    167,338.81     (2,108.81)
    1.6523    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 10 DEC 1998 USD / GBP EX.RATE        GBP      (200,000.00)  12/10/98   332,580.00    334,677.62     (2,097.62)
    1.6629    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / GBP EX.RATE        GBP      (200,000.00)  12/11/98   335,980.00    334,677.62      1,302.38
    1.6799    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / GBP EX.RATE        GBP      (200,000.00)  12/15/98   336,600.00    334,677.62      1,922.38
    1.683     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / GBP EX.RATE        GBP    (1,250,000.00)  12/16/98 2,094,500.00  2,091,735.14      2,764.86
    1.6756    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 GBP / USD EX.RATE        GBP     1,250,000.00   12/16/98 2,089,750.00  2,037,622.67    (52,127.33)
    0.5981577 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 DEC 1998 GBP / USD EX.RATE        GBP       150,000.00   12/28/98   251,235.00    244,514.72     (6,720.28)
    0.5970506 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 GBP / USD EX.RATE        GBP       250,000.00   12/30/98   416,100.00    407,524.53     (8,575.47)
    0.6008171 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 DEC 1998 USD / GBP EX.RATE        GBP      (200,000.00)  12/31/98   330,680.00    326,019.63      4,660.37
    1.6534    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 JAN 1999 GBP / USD EX.RATE        GBP       250,000.00     1/7/99   411,675.00    407,524.53     (4,150.47)
    0.6072752 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / GBP EX.RATE        GBP      (150,000.00)   1/13/99   248,100.00    244,514.72      3,585.28
    1.654     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 JAN 1999 USD / GBP EX.RATE        GBP      (150,000.00)   1/15/99   247,830.00    244,514.72      3,315.28
    1.6522    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / GBP EX.RATE        GBP      (150,000.00)   1/21/99   247,500.00    244,514.72      2,985.28
    1.65      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / GBP EX.RATE        GBP      (200,000.00)    3/8/99   321,410.00    326,019.63     (4,609.63)
    1.60705   WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 2 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>            <C> 
FX DEAL TRANSACTED ON 16 MAR 1999 USD / GBP EX.RATE        GBP    (1,050,000.00)   3/16/99 1,703,625.00  1,711,603.04     (7,978.04)
    1.6225    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 GBP / USD EX.RATE        GBP     1,050,000.00    3/16/99 1,702,575.00  1,671,176.19    (31,398.81)
    0.6167129 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 APR 1999 USD / GBP EX.RATE        GBP      (100,000.00)    4/7/99   159,350.00    159,159.64        190.36
    1.5935    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / GBP EX.RATE        GBP      (950,000.00)   6/16/99 1,510,025.00  1,512,016.55     (1,991.55)
    1.5895    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 GBP / USD EX.RATE        GBP       950,000.00    6/16/99 1,511,070.00  1,542,708.67     31,638.67
    0.6286936 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JUN 1999 USD / GBP EX.RATE        GBP      (300,000.00)   6/21/99   477,360.00    487,171.16     (9,811.16)
    1.5912    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JUL 1999 GBP / USD EX.RATE        GBP       500,000.00    7/13/99   779,387.50    811,951.93     32,564.43
    0.6415294 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 USD / GBP EX.RATE        GBP      (750,000.00)   8/13/99 1,207,200.00  1,217,927.90    (10,727.90)
    1.6096    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / GBP EX.RATE        GBP      (400,000.00)    9/3/99   641,640.00    649,561.55     (7,921.55)
    1.6041    WITH PRUDENTIAL SECURITIES NEW YORK

Euro - EUR
FX DEAL TRANSACTED ON 13 SEP 1999 EUR / USD EX.RATE        EUR       850,000.00    9/13/99   889,312.50    855,932.99    (33,379.51)
    0.9557945 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 SEP 1999 USD / EUR EX.RATE        EUR      (300,000.00)   9/28/99 1,258,313.86  1,172,414.19    (85,899.67)
    1.0655    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 EUR / USD EX.RATE        EUR     1,067,143.12   12/16/98 1,522,001.21  1,418,367.19   (103,634.02)
    0.8480739 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 EUR / USD EX.RATE        EUR     1,291,012.00   12/16/98   300,156.08    280,864.79    (19,291.29)
    0.8482332 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 23 DEC 1998 EUR / USD EX.RATE        EUR       255,645.94   12/23/98   178,890.88    167,487.75    (11,403.13)
    0.85171   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 DEC 1998 EUR / USD EX.RATE        EUR       152,449.02   12/28/98   178,878.08    167,487.75    (11,390.33)
    0.85219   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 EUR / USD EX.RATE        EUR       152,449.02   12/30/98   357,717.76    334,975.47     22,742.29
    0.852251  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 DEC 1998 USD / EUR EX.RATE        EUR      (304,898.02)  12/31/98   451,234.83    424,296.51    (26,938.32)
    1.1732374 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 JAN 1999 EUR / USD EX.RATE        EUR       386,198.93     1/8/99   231,150.00    219,729.51    (11,420.49)
    0.8558713 WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 3 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>              <C>     <C>           <C>            <C> 
FX DEAL TRANSACTED ON 11 JAN 1999 EUR / USD EX.RATE        EUR       200,000.00    1/11/99   231,456.00    219,729.51    (11,726.49)
    0.865239  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 JAN 1999 EUR / USD EX.RATE        EUR       200,000.00    1/11/99   352,695.00    329,594.27     23,100.73
    0.8640951 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / EUR EX.RATE        EUR      (300,000.00)   1/13/99   235,060.00    219,729.51     15,330.49
    1.17565   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / EUR EX.RATE        EUR      (200,000.00)   1/13/99   232,580.00    219,729.51     12,850.49
    1.1753    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 18 JAN 1999 USD / EUR EX.RATE        EUR      (200,000.00)   1/18/99   348,522.00    329,594.27     18,927.73
    1.1629    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / EUR EX.RATE        EUR      (300,000.00)   1/21/99   761,915.00    769,053.30     (7,138.30)
    1.16174   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / EUR EX.RATE        EUR      (700,000.00)    3/8/99 1,852,320.00  1,867,700.86    (15,380.86)
    1.08845   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / EUR EX.RATE        EUR    (1,700,000.00)   3/16/99 1,861,891.00  1,753,897.26   (107,993.74)
    1.0896    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 EUR / USD EX.RATE        EUR     1,700,000.00    3/16/99   162,555.00    154,755.64      7,799.36
    0.9130502 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 APR 1999 USD / EUR EX.RATE        EUR      (150,000.00)    4/1/99   270,787.50    257,926.07     12,861.43
    1.0837    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 APR 1999 USD / EUR EX.RATE        EUR      (250,000.00)    4/7/99   271,937.50    257,926.07    (14,011.43)
    1.08315   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 APR 1999 EUR / USD EX.RATE        EUR       250,000.00    4/12/99 1,597,275.00  1,599,141.62     (1,866.62)
    0.9193289 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / EUR EX.RATE        EUR    (1,550,000.00)   6/16/99 1,608,280.00  1,612,232.16      3,952.16
    1.0305    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 EUR / USD EX.RATE        EUR     1,550,000.00    6/16/99   416,240.00    416,059.91        180.09
    0.9637625 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JUN 1999 USD / EUR EX.RATE        EUR      (400,000.00)   6/21/99   407,280.00    416,059.91      8,779.91
    1.0406    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 EUR / USD EX.RATE        EUR       400,000.00    7/12/99   216,450.00    208,029.96      8,420.04
    0.9821253 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 AUG 1999 USD / EUR EX.RATE        EUR      (200,000.00)    8/5/99   530,250.00    520,074.89     10,175.11
    1.08225   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / EUR EX.RATE        EUR      (500,000.00)    9/3/99   883,660.00    884,127.31       (467.31)
    1.0605    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 SEP 1999 USD / EUR EX.RATE        EUR      (300,000.00)   9/28/99   319,650.00    302,093.99     17,556.01
    1.0655    WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 4 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>  <C>               <C>      <C>           <C>             <C> 
French franc - FRF
FX DEAL TRANSACTED ON 07 DEC 1998 USD / FRF EX.RATE        FRF      (500,000.00)   12/7/98    88,975.89     89,559.19       (583.30)
    0.1779518 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 10 DEC 1998 USD / FRF EX.RATE        FRF      (600,000.00)  12/10/98   107,716.06    107,471.03        245.03
    0.1795268 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / FRF EX.RATE        FRF    (1,000,000.00)  12/11/98   180,613.00    179,118.38      1,494.62
    0.180613  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / FRF EX.RATE        FRF    (1,200,000.00)  12/15/98   215,738.09    214,942.06        796.03
    0.1797817 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / FRF EX.RATE        FRF    (7,000,000.00)  12/16/98 1,252,012.16  1,253,828.66     (1,816.50)
    0.1788589 WITH PRUDENTIAL SECURITIES NEW YORK

German deutsche mark - DEM
FX DEAL TRANSACTED ON 10 DEC 1998 USD / DEM EX.RATE        DEM      (500,000.00)  12/10/98   301,132.26    300,390.51        741.75
    0.6022645 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / DEM EX.RATE        DEM      (400,000.00)  12/11/98   242,226.06    240,312.41      1,913.65
    0.6055651 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / DEM EX.RATE        DEM      (200,000.00)  12/15/98   120,529.12    120,156.20        372.92
    0.6026456 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / DEM EX.RATE        DEM    (2,525,000.00)  12/16/98 1,514,242.88  1,516,972.06     (2,729.18)
    0.5997001 WITH PRUDENTIAL SECURITIES NEW YORK

Japanese yen - JPY
FX DEAL TRANSACTED ON 13 AUG 1999 JPY / USD EX.RATE        JPY   240,000,000.00    8/13/99 2,285,714.29  2,349,083.97     63,369.68
    104.9999998 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 OCT 1999 JPY / USD EX.RATE        JPY   100,000,000.00    10/5/99   943,155.99    978,784.99     35,629.00
    106.027     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / JPY EX.RATE        JPY   (50,000,000.00)   12/7/98   418,760.47    431,034.48    (12,274.01)
    0.0083752 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / JPY EX.RATE        JPY   (50,000,000.00)  12/11/98   426,821.46    431,034.48     (4,213.02)
    0.0085364 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 14 DEC 1998 USD / JPY EX.RATE        JPY   (50,000,000.00)  12/14/98   434,744.80    431,034.48      3,710.32
    0.0086949 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / JPY EX.RATE        JPY  (280,000,000.00)  12/16/98 2,422,092.95  2,413,793.10      8,299.85
    0.0086503 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 JPY / USD EX.RATE        JPY   280,000,000.00   12/16/98 2,453,557.66  2,377,616.44    (75,941.22)
    114.12      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 JPY / USD EX.RATE        JPY    40,000,000.00   12/30/98   352,221.19    339,659.49    (12,561.70)
    113.565     WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 5 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>  <C>               <C>      <C>           <C>            <C> 
FX DEAL TRANSACTED ON 31 DEC 1998 USD / JPY EX.RATE        JPY   (50,000,000.00)  12/31/98   447,747.83    424,574.36     23,173.47
    0.008955  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JAN 1999 JPY / USD EX.RATE        JPY    50,000,000.00    1/12/99   449,559.43    424,574.36    (24,985.07)
    111.22      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 19 JAN 1999 USD / JPY EX.RATE        JPY   (20,000,000.00)   1/19/99   177,022.48    169,829.75      7,192.73
    0.0088511 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / JPY EX.RATE        JPY   (40,000,000.00)   1/21/99   355,903.55    339,659.49     16,244.06
    0.0088976 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / JPY EX.RATE        JPY  (100,000,000.00)    3/8/99   821,422.70    849,148.73    (27,726.03)
    0.0082142 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / JPY EX.RATE        JPY  (160,000,000.00)   3/16/99 1,353,981.66  1,358,637.97     (4,656.31)
    0.0084624 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 JPY / USD EX.RATE        JPY   160,000,000.00    3/16/99 1,371,038.85  1,337,233.60    (33,805.25)
    116.6998295 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / JPY EX.RATE        JPY  (160,000,000.00)   6/16/99 1,330,228.46  1,337,233.60     (7,005.14)
    0.0083139 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 JPY / USD EX.RATE        JPY   160,000,000.00    6/16/99 1,347,935.97  1,527,154.72    179,218.75
    118.7       WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 JPY / USD EX.RATE        JPY   100,000,000.00    7/12/99   825,695.65    954,471.70    128,776.05
    121.11      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 USD / JPY EX.RATE        JPY  (240,000,000.00)   8/13/99 2,258,483.49  2,290,732.08    (32,248.59)
    0.0094103 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / JPY EX.RATE        JPY   (20,000,000.00)    9/3/99   181,537.62    190,894.34     (9,356.72)
    0.0090769 WITH PRUDENTIAL SECURITIES NEW YORK

United States dollar - USD
FX DEAL TRANSACTED ON 16 DEC 1998 JPY / USD EX.RATE        USD    (2,453,557.66)  12/16/98 2,453,557.66  2,453,557.66          -
    114.12      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 JPY / USD EX.RATE        USD    (2,285,714.29)   8/13/99 2,285,714.29  2,285,714.29          -
    104.9999998 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 GBP / USD EX.RATE        USD    (2,089,750.00)  12/16/98 2,089,750.00  2,089,750.00          -
    0.5981577 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 EUR / USD EX.RATE        USD    (1,522,001.21)  12/16/98 1,522,001.21  1,522,001.21          -
    0.8482332 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 GBP / USD EX.RATE        USD    (1,511,070.00)   6/16/99 1,511,070.00  1,511,070.00          -
    0.6286936 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 JPY / USD EX.RATE        USD    (1,347,935.97)   6/16/99 1,347,935.97  1,347,935.97          -
    118.7       WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 6 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>                   <C>
FX DEAL TRANSACTED ON 16 DEC 1998 EUR / USD EX.RATE        USD    (1,258,313.86)  12/16/98 1,258,313.86  1,258,313.86          -
    0.8480739 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 GBP / USD EX.RATE        USD    (1,207,912.50)   8/13/99 1,207,912.50  1,207,912.50          -
    0.6209059 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 OCT 1999 JPY / USD EX.RATE        USD      (943,155.99)   10/5/99   943,155.99    943,155.99          -
    106.027     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 SEP 1999 EUR / USD EX.RATE        USD      (889,312.50)   9/13/99   889,312.50    889,312.50          -
    0.9557945 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 JPY / USD EX.RATE        USD      (825,695.65)   7/12/99   825,695.65    825,695.65          -
    121.11      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JUL 1999 GBP / USD EX.RATE        USD      (779,387.50)   7/13/99   779,387.50    779,387.50          -
    0.6415294 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 AUD / USD EX.RATE        USD      (528,530.00)  12/16/98   528,530.00    528,530.00          -
    1.6082342 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 DEC 1998 GBP / USD EX.RATE        USD      (494,250.00)   12/1/98   494,250.00    494,250.00          -
    0.6069803 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 JAN 1999 EUR / USD EX.RATE        USD      (451,234.83)    1/8/99   451,234.83    451,234.83          -
    0.8558713 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JAN 1999 JPY / USD EX.RATE        USD      (449,559.43)   1/12/99   449,559.43    449,559.43          -
    111.22      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 GBP / USD EX.RATE        USD      (416,100.00)  12/30/98   416,100.00    416,100.00          -
    0.6008171 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 JAN 1999 GBP / USD EX.RATE        USD      (411,675.00)    1/7/99   411,675.00    411,675.00          -
    0.6072752 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 EUR / USD EX.RATE        USD      (407,280.00)   7/12/99   407,280.00    407,280.00          -
    0.9821253 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 JPY / USD EX.RATE        USD      (352,221.19)  12/30/98   352,221.19    352,221.19          -
    113.565     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 OCT 1999 GBP / USD EX.RATE        USD      (330,946.00)   10/5/99   330,946.00    330,946.00          -
    0.6043282 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 23 DEC 1998 EUR / USD EX.RATE        USD      (300,156.08)  12/23/98   300,156.08    300,156.08          -
    0.85171   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 APR 1999 EUR / USD EX.RATE        USD      (271,937.50)   4/12/99   271,937.50    271,937.50          -
    0.9193289 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 12 JUL 1999 AUD / USD EX.RATE        USD      (265,040.00)   7/12/99   265,040.00    265,040.00          -
    1.5092062 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 SEP 1999 AUD / USD EX.RATE        USD      (263,500.00)   9/13/99   263,500.00    263,500.00          -
    1.5180266 WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 7 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>      <C>           <C>        <C>           <C>                 <C>
FX DEAL TRANSACTED ON 28 DEC 1998 GBP / USD EX.RATE        USD      (251,235.00)  12/28/98   251,235.00    251,235.00          -
    0.5970506 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 JAN 1999 EUR / USD EX.RATE        USD      (231,456.00)   1/11/99   231,456.00    231,456.00          -
    0.8640951 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 JAN 1999 EUR / USD EX.RATE        USD      (231,150.00)   1/11/99   231,150.00    231,150.00          -
    0.865239  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 DEC 1998 EUR / USD EX.RATE        USD      (178,890.88)  12/28/98   178,890.88    178,890.88          -
    0.85219   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 30 DEC 1998 EUR / USD EX.RATE        USD      (178,878.08)  12/30/98   178,878.08    178,878.08          -
    0.852251  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 23 DEC 1998 AUD / USD EX.RATE        USD       (92,115.00)  12/23/98    92,115.00     92,115.00          -
    1.6283993 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / AUD EX.RATE        USD        62,040.00    12/7/98    62,040.00     62,040.00          -
    0.6204    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 FEB 1999 USD / AUD EX.RATE        USD        63,570.00     2/1/99    63,570.00     63,570.00          -
    0.6357    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / AUD EX.RATE        USD        65,373.00   12/15/98    65,373.00     65,373.00          -
    0.6226    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / FRF EX.RATE        USD        88,975.89    12/7/98    88,975.89     88,975.89          -
    0.1779518 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 MAR 1999 USD / AUD EX.RATE        USD        95,362.50    3/31/99    95,362.50     95,362.50          -
    0.63575   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 19 JAN 1999 USD / AUD EX.RATE        USD        95,370.00    1/19/99    95,370.00     95,370.00          -
    0.6358    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 10 DEC 1998 USD / FRF EX.RATE        USD       107,716.06   12/10/98   107,716.06    107,716.06          -
    0.1795268 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / DEM EX.RATE        USD       120,529.12   12/15/98   120,529.12    120,529.12          -
    0.6026456 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / AUD EX.RATE        USD       123,820.00   12/11/98   123,820.00    123,820.00          -
    0.6191    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 APR 1999 USD / GBP EX.RATE        USD       159,350.00     4/7/99   159,350.00    159,350.00          -
    1.5935    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 01 APR 1999 USD / EUR EX.RATE        USD       162,555.00     4/1/99   162,555.00    162,555.00          -
    1.0837    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / GBP EX.RATE        USD       165,230.00    12/7/98   165,230.00    165,230.00          -
    1.6523    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / FRF EX.RATE        USD       180,613.00   12/11/98   180,613.00    180,613.00          -
    0.180613  WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 8 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>       <C>          <C>        <C>           <C>                 <C>
FX DEAL TRANSACTED ON 03 SEP 1999 USD / JPY EX.RATE        USD       181,537.62     9/3/99   181,537.62    181,537.62          -
    0.0090769 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / AUD EX.RATE        USD       188,940.00     3/8/99   188,940.00    188,940.00          -
    0.6298    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / AUD EX.RATE        USD       193,308.00     9/3/99   193,308.00    193,308.00          -
    0.64436   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 SEP 1999 USD / AUD EX.RATE        USD       196,440.00    9/28/99   196,440.00    196,440.00          -
    0.6548    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 DEC 1998 USD / FRF EX.RATE        USD       215,738.09   12/15/98   215,738.09    215,738.09          -
    0.1797817 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 05 AUG 1999 USD / EUR EX.RATE        USD       216,450.00     8/5/99   216,450.00    216,450.00          -
    1.08225   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / EUR EX.RATE        USD       235,060.00    1/13/99   235,060.00    235,060.00          -
    1.1753    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / DEM EX.RATE        USD       242,226.06   12/11/98   242,226.06    242,226.06          -
    0.6055651 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / GBP EX.RATE        USD       247,500.00    1/21/99   247,500.00    247,500.00          -
    1.65      WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 15 JAN 1999 USD / GBP EX.RATE        USD       247,830.00    1/15/99   247,830.00    247,830.00          -
    1.6522    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / GBP EX.RATE        USD       248,100.00    1/13/99   248,100.00    248,100.00          -
    1.654     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 SEP 1999 USD / AUD EX.RATE        USD       263,040.00    9/13/99   263,040.00    263,040.00          -
    0.6576    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 APR 1999 USD / EUR EX.RATE        USD       270,787.50     4/7/99   270,787.50    270,787.50          -
    1.08315   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 10 DEC 1998 USD / DEM EX.RATE        USD       301,132.26   12/10/98   301,132.26    301,132.26          -
    0.6022645 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 28 SEP 1999 USD / EUR EX.RATE        USD       319,650.00    9/28/99   319,650.00    319,650.00          -
    1.0655    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / GBP EX.RATE        USD       321,410.00     3/8/99   321,410.00    321,410.00          -
    1.60705   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 DEC 1998 USD / GBP EX.RATE        USD       330,680.00   12/31/98   330,680.00    330,680.00          -
    1.6534    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 10 DEC 1998 USD / GBP EX.RATE        USD       332,580.00   12/10/98   332,580.00    332,580.00          -
    1.6629    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / GBP EX.RATE        USD       335,980.00   12/11/98   335,980.00    335,980.00          -
    1.6799    WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 9 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>     <C>            <C>      <C>           <C>                   <C>
FX DEAL TRANSACTED ON 15 DEC 1998 USD / GBP EX.RATE        USD       336,600.00   12/15/98   336,600.00    336,600.00          -
    1.683     WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / EUR EX.RATE        USD       348,522.00    1/21/99   348,522.00    348,522.00          -
    1.16174   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 JAN 1999 USD / EUR EX.RATE        USD       352,695.00    1/13/99   352,695.00    352,695.00          -
    1.17565   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JAN 1999 USD / JPY EX.RATE        USD       355,903.55    1/21/99   355,903.55    355,903.55          -
    0.0088976 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 DEC 1998 USD / EUR EX.RATE        USD       357,717.76   12/31/98   357,717.76    357,717.76          -
    1.1732374 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JUN 1999 USD / EUR EX.RATE        USD       416,240.00    6/21/99   416,240.00    416,240.00          -
    1.0406    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 07 DEC 1998 USD / JPY EX.RATE        USD       418,760.47    12/7/98   418,760.47    418,760.47          -
    0.0083752 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 11 DEC 1998 USD / JPY EX.RATE        USD       426,821.46   12/11/98   426,821.46    426,821.46          -
    0.0085364 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 14 DEC 1998 USD / JPY EX.RATE        USD       434,744.80   12/14/98   434,744.80    434,744.80          -
    0.0086949 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 31 DEC 1998 USD / JPY EX.RATE        USD       447,747.83   12/31/98   447,747.83    447,747.83          -
    0.008955  WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 21 JUN 1999 USD / GBP EX.RATE        USD       477,360.00    6/21/99   477,360.00    477,360.00          -
    1.5912    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / AUD EX.RATE        USD       527,510.00   12/16/98   527,510.00    527,510.00          -
    0.6206    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / EUR EX.RATE        USD       530,250.00     9/3/99   530,250.00    530,250.00          -
    1.0605    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 03 SEP 1999 USD / GBP EX.RATE        USD       641,640.00     9/3/99   641,640.00    641,640.00          -
    1.6041    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / EUR EX.RATE        USD       761,915.00     3/8/99   761,915.00    761,915.00          -
    1.08845   WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 08 MAR 1999 USD / JPY EX.RATE        USD       821,422.70     3/8/99   821,422.70    821,422.70          -
    0.0082142 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 SEP 1999 USD / EUR EX.RATE        USD       883,660.00    9/13/99   883,660.00    883,660.00          -
    1.0396    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 USD / GBP EX.RATE        USD     1,207,200.00    8/13/99 1,207,200.00  1,207,200.00          -
    1.6096    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / FRF EX.RATE        USD     1,252,012.16   12/16/98 1,252,012.16  1,252,012.16          -
    0.1788589 WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 10 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>                   <C>
FX DEAL TRANSACTED ON 16 JUN 1999 USD / JPY EX.RATE        USD     1,330,228.46    6/16/99 1,330,228.46  1,330,228.46          -
    0.0083139 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / DEM EX.RATE        USD     1,514,242.88   12/16/98 1,514,242.88  1,514,242.88          -
    0.5997001 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / GBP EX.RATE        USD     2,094,500.00   12/16/98 2,094,500.00  2,094,500.00          -
    1.6756    WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 13 AUG 1999 USD / JPY EX.RATE        USD     2,258,483.49    8/13/99 2,258,483.49  2,258,483.49          -
    0.0094103 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 DEC 1998 USD / JPY EX.RATE        USD     2,422,092.95   12/16/98 2,422,092.95  2,422,092.95          -
    0.0086503 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / GBP EX.RATE        USD     1,510,025.00    6/16/99 1,510,025.00  1,510,025.00
    1.5895 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 EUR / USD EX.RATE               (1,608,280.00)   6/16/99 1,608,280.00  1,608,280.00
    0.9636625 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / EUR EX.RATE                1,597,275.00    6/16/99 1,597,275.00  1,597,275.00
    1.0305 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 AUD / USD EX.RATE                 (197,250.00)   6/16/99   197,250.00    197,250.00
    1.5209125 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JUN 1999 USD / AUD EX.RATE                  196,980.00    3/16/99   196,980.00    196,980.00
    0.6586 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / EUR EX.RATE                1,852,320.00    3/16/99 1,852,320.00  1,852,320.00
    1.0896 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 AUD / USD EX.RATE                 (281,250.00)   3/16/99   281,250.00    281,250.00
    1.6 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / AUD EX.RATE                  280,890.00    3/16/99   280,890.00    280,890.00
    0.6242 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 JPY / USD EX.RATE               (1,371,038.85)   3/16/99 1,371,038.85  1,371,038.85
    116.6998295 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 GBP / USD EX.RATE               (1,702,575.00)   3/16/99 1,702,575.00  1,702,575.00
    0.6167129 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / GBP EX.RATE                1,703,625.00    3/16/99 1,703,625.00  1,703,625.00
    1.6225 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 EUR / USD EX.RATE               (1,861,891.00)   3/16/99 1,861,891.00  1,861,891.00
    0.9130502 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 MAR 1999 USD / JPY EX.RATE                1,353,981.66    3/16/99 1,353,981.66  1,353,981.66
    0.0084624 WITH PRUDENTIAL SECURITIES NEW YORK
FX DEAL TRANSACTED ON 16 JAN 1999 USD / EUR EX.RATE                  232,580.00    1/18/99   232,580.00    232,580.00
    1.1629 WITH PRUDENTIAL SECURITIES NEW YORK
</TABLE>



                                  Page 11 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                  Shares/                                 Transaction        Net
Security Description / Asset ID                                  Par Value      Date         Cost             Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                      <C>   <C>            <C>      <C>             <C>              <C>
FX DEAL TRANSACTED ON 16 JAN 1999 USD / JPY EX.RATE              177,022.48    1/19/99     177,022.48      177,022.48
    0.0088511 WITH PRUDENTIAL SECURITIES NEW YORK
 
-----------------------------------------------------------------------------------------------------------------------------------
Total PRUDENTIAL SECS                                                                  132,288,221.44  132,014,232.72   (154,918.02)
 
STATE ST BOS CAP MKT 
 
Austalian dollar - AUD 
FX DEAL TRANSACTED ON 15 SEP 1999 AUD / USD EX.RATE      AUD   1,180,000.00    9/15/99     766,764.00      750,152.69    (16,611.31)
    1.5389351 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 20 SEP 1999 AUD / USD EX.RATE      AUD     120,000.00    9/20/99      77,388.00       76,286.71     (1,101.29)
    1.550628  WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 21 OCT 1999 AUD / USD EX.RATE      AUD     250,000.00   10/21/99     162,025.00      158,930.65     (3,094.35)
    1.5429718 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 16 NOV 1999 AUD / USD EX.RATE      AUD     100,000.00   11/16/99      64,604.50       63,572.26     (1,032.24)
    1.5478798 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 22 FEB 1999 AUD / USD EX.RATE      AUD     200,000.00    2/22/99     127,680.00      126,309.67     (1,370.33)
    1.566416  WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 23 FEB 1999 AUD / USD EX.RATE      AUD     200,000.00    2/23/99     128,080.00      126,309.67     (1,770.33)
    1.561524  WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 25 FEB 1999 AUD / USD EX.RATE      AUD     300,000.00    2/25/99     187,680.00      189,464.51      1,784.51
    1.5984655 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 01 MAR 1999 AUD / USD EX.RATE      AUD     200,000.00     3/1/99     124,070.00      126,309.67      2,239.67
    1.6119932 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 17 MAR 1999 USD / AUD EX.RATE      AUD    (900,000.00)   3/17/99     564,300.00      568,393.53     (4,093.53)
    0.627     WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 26 MAR 1999 USD / AUD EX.RATE      AUD    (150,000.00)   3/26/99      95,662.50       98,625.17     (2,962.67)
    0.63775   WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 13 APR 1999 AUD / USD EX.RATE      AUD     100,000.00    4/13/99      63,780.00       65,750.11      1,970.11
    1.5678896 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 26 APR 1999 AUD / USD EX.RATE      AUD     100,000.00    4/26/99      64,860.00       65,750.11        890.11
    1.5417823 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 03 MAY 1999 AUD / USD EX.RATE      AUD     100,000.00     5/3/99      66,410.00       65,750.11       (659.89)
    1.5057973 WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 24 MAY 1999 USD / AUD EX.RATE      AUD     (70,000.00)   5/24/99      46,242.00       46,025.08        216.92
    0.6606    WITH STATE STREET BOSTON CAP MKTS BOSTAN 
FX DEAL TRANSACTED ON 15 JUN 1999 USD / AUD EX.RATE      AUD    (880,000.00)   6/15/99     579,040.00      578,600.97        439.03
    0.658     WITH STATE STREET BOSTON CAP MKTS BOSTAN 
</TABLE>



                                  Page 12 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>             <C>
FX DEAL TRANSACTED ON 15 JUN 1999 AUD / USD EX.RATE        AUD       880,000.00    6/15/99   579,458.00    569,402.39    (10,055.61)
    1.5186605 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 AUD / USD EX.RATE        AUD       150,000.00    8/16/99    97,695.00     97,057.23       (637.77)
    1.5353908 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 AUD / USD EX.RATE        AUD       350,000.00    8/24/99   223,650.00    226,466.86      2,816.86
    1.5649452 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / AUD EX.RATE        AUD      (200,000.00)    9/8/99   129,620.00    129,409.63        210.37
    0.6481    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / AUD EX.RATE        AUD    (1,180,000.00)   9/15/99   765,820.00    763,516.84      2,303.16
    0.649     WITH STATE STREET BOSTON CAP MKTS BOSTAN

British pound sterling - GBP
FX DEAL TRANSACTED ON 15 SEP 1999 GBP / USD EX.RATE        GBP     1,600,000.00    9/15/99 2,577,904.00  2,548,383.04    (29,520.96)
    0.6206593 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 GBP / USD EX.RATE        GBP       300,000.00    9/20/99   486,780.00    477,821.82     (8,958.18)
    0.6162948 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 SEP 1999 USD / GBP EX.RATE        GBP      (800,000.00)   9/23/99 1,314,340.00  1,274,191.52     40,148.48
    1.642925  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 SEP 1999 GBP / USD EX.RATE        GBP       500,000.00    9/27/99   823,150.00    796,369.70    (26,780.30)
    0.6074227 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 GBP / USD EX.RATE        GBP       600,000.00   10/22/99   993,552.00    955,643.64    (37,908.36)
    0.6038939 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 OCT 1999 GBP / USD EX.RATE        GBP       100,000.00   10/26/99   165,510.00    159,273.94     (6,236.06)
    0.6041931 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 GBP / USD EX.RATE        GBP       200,000.00   11/12/99   322,840.00    318,547.88     (4,292.12)
    0.6195019 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 GBP / USD EX.RATE        GBP       200,000.00   11/16/99   324,640.00    318,547.88     (6,092.12)
    0.616067  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 GBP / USD EX.RATE        GBP       200,000.00   11/17/99   324,968.00    318,547.88     (6,420.12)
    0.6154452 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 GBP / USD EX.RATE        GBP       300,000.00    2/22/99   485,820.00    489,029.44      3,209.44
    0.6175127 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 GBP / USD EX.RATE        GBP       300,000.00    2/23/99   484,260.00    489,029.44      4,769.44
    0.6195019 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 GBP / USD EX.RATE        GBP       200,000.00    2/23/99   322,040.00    326,019.63      3,979.63
    0.6210409 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 GBP / USD EX.RATE        GBP       400,000.00     3/1/99   643,444.00    652,039.25      8,595.25
    0.6216547 WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 13 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>              <C>     <C>           <C>             <C>
FX DEAL TRANSACTED ON 03 MAR 1999 USD / GBP EX.RATE        GBP      (200,000.00)    3/3/99   323,340.00    326,019.63     (2,679.63)
    1.6167    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 GBP / USD EX.RATE        GBP     1,000,000.00    3/17/99 1,630,070.00  1,591,596.37    (38,473.63)
    0.6134706 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / GBP EX.RATE        GBP      (150,000.00)   3/26/99   242,910.00    238,739.46      4,170.54
    1.6194    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 APR 1999 USD / GBP EX.RATE        GBP      (200,000.00)    4/1/99   322,060.00    318,319.27      3,740.73
    1.6103    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 GBP / USD EX.RATE        GBP       450,000.00    4/13/99   726,313.50    716,218.37    (10,095.13)
    0.6195672 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 GBP / USD EX.RATE        GBP       300,000.00    4/28/99   484,785.00    477,478.91     (7,306.09)
    0.618831  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / GBP EX.RATE        GBP      (125,000.00)   5/24/99   199,450.00    198,949.55        500.45
    1.5956    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / GBP EX.RATE        GBP      (125,000.00)   5/24/99   199,800.00    198,949.55        850.45
    1.5984    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / GBP EX.RATE        GBP      (950,000.00)   6/15/99 1,513,825.00  1,512,016.55      1,808.45
    1.5935    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 GBP / USD EX.RATE        GBP       950,000.00    6/15/99 1,514,442.50  1,542,708.67     28,266.17
    0.6272935 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 GBP / USD EX.RATE        GBP       100,000.00    6/15/99   159,744.00    162,390.39      2,646.39
    0.6260016 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 JUN 1999 GBP / USD EX.RATE        GBP       300,000.00    6/17/99   477,789.00    487,171.16      9,382.16
    0.6278922 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 GBP / USD EX.RATE        GBP       250,000.00     7/5/99   394,347.50    405,975.97     11,628.47
    0.6339586 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 JUL 1999 USD / GBP EX.RATE        GBP      (250,000.00)   7/21/99   394,350.00    405,975.97    (11,625.97)
    1.5774    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 GBP / USD EX.RATE        GBP       450,000.00    8/16/99   721,606.50    730,756.74      9,150.24
    0.6236086 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 GBP / USD EX.RATE        GBP       200,000.00    8/24/99   319,660.00    324,780.77      5,120.77
    0.6256648 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / GBP EX.RATE        GBP      (200,000.00)    9/8/99   324,040.00    324,780.77       (740.77)
    1.6202    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / GBP EX.RATE        GBP      (200,000.00)    9/8/99   323,800.00    324,780.77       (980.77)
    1.619     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / GBP EX.RATE        GBP    (1,600,000.00)   9/15/99 2,576,800.00  2,598,246.18    (21,446.18)
    1.6105    WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 14 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>     <C>            <C>      <C>           <C>            <C>
Euro - EUR
FX DEAL TRANSACTED ON 15 SEP 1999 EUR / USD EX.RATE        EUR     3,050,000.00    9/15/99 3,181,455.00  3,071,288.95   (110,166.05)
    0.9586809 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 EUR / USD EX.RATE        EUR       350,000.00    9/20/99   366,450.00    352,442.99    (14,007.01)
    0.9551098 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 SEP 1999 USD / EUR EX.RATE        EUR      (300,000.00)   9/23/99   315,660.00    302,093.99     13,566.01
    1.0522    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 OCT 1999 EUR / USD EX.RATE        EUR       250,000.00   10/21/99   271,025.00    251,745.00    (19,280.00)
    0.9224241 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 EUR / USD EX.RATE        EUR       250,000.00   10/22/99   267,312.50    251,745.00    (15,567.50)
    0.935235  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 OCT 1999 EUR / USD EX.RATE        EUR       200,000.00   10/28/99   210,420.00    201,396.00     (9,024.00)
    0.95048   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 EUR / USD EX.RATE        EUR       500,000.00   11/12/99   516,200.00    503,489.99    (12,710.01)
    0.9686168 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 EUR / USD EX.RATE        EUR       400,000.00   11/16/99   414,316.00    402,791.99    (11,524.01)
    0.9654467 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 EUR / USD EX.RATE        EUR       300,000.00   11/17/99   312,270.00    302,094.00    (10,176.00)
    0.9607071 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 EUR / USD EX.RATE        EUR       500,000.00    2/22/99   550,600.00    549,323.78     (1,276.22)
    0.9081003 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 EUR / USD EX.RATE        EUR       100,000.00    2/23/99   109,875.00    109,864.76        (10.24)
    0.9101251 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 25 FEB 1999 EUR / USD EX.RATE        EUR       200,000.00    2/25/99   220,972.00    219,729.51     (1,242.49)
    0.905092  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 EUR / USD EX.RATE        EUR       400,000.00     3/1/99   436,084.00    439,459.03      3,375.03
    0.9172545 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / EUR EX.RATE        EUR      (300,000.00)   3/26/99   327,225.00    309,511.28     17,713.72
    1.09075   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / EUR EX.RATE        EUR      (150,000.00)   3/26/99   161,722.50    154,755.64      6,966.86
    1.07815   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 EUR / USD EX.RATE        EUR       350,000.00    4/13/99   379,365.00    361,096.50    (18,268.50)
    0.9225943 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 EUR / USD EX.RATE        EUR       500,000.00    4/28/99   533,450.00    515,852.14    (17,597.86)
    0.937295  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 03 MAY 1999 EUR / USD EX.RATE        EUR       300,000.00     5/3/99   318,570.00    309,511.28     (9,058.72)
    0.9417083 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 MAY 1999 USD / EUR EX.RATE        EUR      (300,000.00)   5/12/99   322,320.00    309,511.28     12,808.72
    1.0744    WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 15 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>              <C>     <C>           <C>             <C>
FX DEAL TRANSACTED ON 24 MAY 1999 USD / EUR EX.RATE        EUR      (200,000.00)   5/24/99   212,160.00    206,340.85      5,819.15
    1.0608    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / EUR EX.RATE        EUR      (200,000.00)   5/24/99   212,300.00    206,340.85      5,959.15
    1.0615    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / EUR EX.RATE        EUR    (1,200,000.00)   6/15/99 1,251,000.00  1,238,045.13     12,954.87
    1.0425    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 EUR / USD EX.RATE        EUR       300,000.00    6/15/99   313,791.00    312,044.93     (1,746.07)
    0.9560504 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 EUR / USD EX.RATE        EUR     1,200,000.00    6/15/99 1,259,040.00  1,248,179.74    (10,860.26)
    0.9531071 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 JUN 1999 EUR / USD EX.RATE        EUR       400,000.00    6/17/99   415,864.00    416,059.91        195.91
    0.9618529 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 EUR / USD EX.RATE        EUR       300,000.00     7/5/99   308,547.00    312,044.93      3,497.93
    0.9722992 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 EUR / USD EX.RATE        EUR       400,000.00    8/16/99   423,664.00    416,059.91     (7,604.09)
    0.9441444 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 EUR / USD EX.RATE        EUR       350,000.00    8/24/99   369,110.00    364,052.42     (5,057.58)
    0.9482268 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 31 AUG 1999 USD / EUR EX.RATE        EUR      (200,000.00)   8/31/99   211,954.00    208,029.96      3,924.04
    1.05977   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / EUR EX.RATE        EUR      (100,000.00)    9/8/99   106,010.00    104,014.98      1,995.02
    1.0601    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / EUR EX.RATE        EUR      (100,000.00)    9/8/99   106,010.00    104,014.98      1,995.02
    1.0601    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / EUR EX.RATE        EUR    (3,050,000.00)   9/15/99 3,162,240.00  3,172,456.83    (10,216.83)
    1.0368    WITH STATE STREET BOSTON CAP MKTS BOSTAN

Japanese yen - JPY
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   9/15/99   483,045.12    489,392.49     (6,347.37)
    0.0096609 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   9/15/99   483,045.12    489,392.49     (6,347.37)
    0.0096609 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 JPY / USD EX.RATE        JPY   210,000,000.00    9/15/99 2,038,834.95  2,055,448.48     16,613.53
    103.0     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 SEP 1999 JPY / USD EX.RATE        JPY    25,000,000.00    9/16/99   240,731.82    244,696.25      3,964.43
    103.85    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 JPY / USD EX.RATE        JPY    25,000,000.00    9/20/99   236,585.60    244,696.25      8,110.65
    105.67    WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 16 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>   <C>              <C>      <C>           <C>             <C>
FX DEAL TRANSACTED ON 21 SEP 1999 JPY / USD EX.RATE        JPY   100,000,000.00    9/21/99   970,214.42    978,784.99      8,570.57
    103.07    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 29 SEP 1999 JPY / USD EX.RATE        JPY    25,000,000.00    9/29/99   236,679.67    244,696.25      8,016.58
    105.628   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 OCT 1999 JPY / USD EX.RATE        JPY    75,000,000.00   10/21/99   711,676.23    734,088.74     22,412.51
    105.385   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 JPY / USD EX.RATE        JPY    60,000,000.00   10/22/99   570,260.89    587,270.99     17,010.10
    105.215   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 NOV 1999 JPY / USD EX.RATE        JPY    80,000,000.00    11/8/99   762,631.08    783,027.99     20,396.91
    104.9     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 JPY / USD EX.RATE        JPY    50,000,000.00   11/12/99   476,009.14    489,392.49     13,383.35
    105.04    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 JPY / USD EX.RATE        JPY    50,000,000.00   11/16/99   476,235.83    489,392.49     13,156.66
    104.99    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 JPY / USD EX.RATE        JPY   100,000,000.00   11/17/99   950,434.82    978,784.99     28,350.17
    105.215   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 JPY / USD EX.RATE        JPY    50,000,000.00    2/22/99   412,405.15    424,574.36     12,169.21
    121.24    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 JPY / USD EX.RATE        JPY    50,000,000.00    2/23/99   413,052.46    424,574.36     11,521.90
    121.05    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 25 FEB 1999 JPY / USD EX.RATE        JPY    50,000,000.00    2/25/99   419,136.08    424,574.36      5,438.28
    119.293   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 JPY / USD EX.RATE        JPY    80,000,000.00     3/1/99   669,657.80    679,318.98      9,661.18
    119.464   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 MAR 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   3/16/99   425,531.91    424,574.36        957.55
    0.0085106 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 USD / JPY EX.RATE        JPY  (180,000,000.00)   3/17/99 1,521,555.37  1,528,467.71     (6,912.34)
    0.0084531 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 JPY / USD EX.RATE        JPY   180,000,000.00    3/17/99 1,540,172.84  1,504,387.80    (35,785.04)
    116.87    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / JPY EX.RATE        JPY  (100,000,000.00)   3/26/99   856,237.69    835,771.00     20,466.69
    0.0085624 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 JPY / USD EX.RATE        JPY    50,000,000.00    3/26/99   420,486.08    417,885.50     (2,600.58)
    118.91    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 JPY / USD EX.RATE        JPY    50,000,000.00    4/13/99   419,709.56    417,885.50     (1,824.06)
    119.13    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 JPY / USD EX.RATE        JPY    50,000,000.00    4/28/99   421,727.40    417,885.50     (3,841.90)
    118.5599987 WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 17 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>  <C>                <C>     <C>           <C>            <C>
FX DEAL TRANSACTED ON 03 MAY 1999 JPY / USD EX.RATE        JPY    50,000,000.00     5/3/99   419,494.76    417,885.50     (1,609.26)
    119.191   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   5/24/99   407,199.28    417,885.50    (10,686.22)
    0.008144  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 MAY 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   5/27/99   413,855.90    417,885.50     (4,029.60)
    0.0082771 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / JPY EX.RATE        JPY  (180,000,000.00)   6/15/99 1,495,637.72  1,504,387.80     (8,750.08)
    0.0083091 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 JPY / USD EX.RATE        JPY   180,000,000.00    6/15/99 1,514,960.23  1,718,049.06    203,088.83
    118.815   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 JPY / USD EX.RATE        JPY    30,000,000.00    6/15/99   252,440.26    286,341.51     33,901.25
    118.84    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 JPY / USD EX.RATE        JPY    50,000,000.00     7/5/99   414,112.97    477,235.85     63,122.88
    120.74    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 JUL 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   7/21/99   426,475.61    477,235.85    (50,760.24)
    0.0085295 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 JPY / USD EX.RATE        JPY   100,000,000.00    8/16/99   872,524.21    954,471.70     81,947.49
    114.61    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 18 AUG 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   8/18/99   447,595.52    477,235.85    (29,640.33)
    0.0089519 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 AUG 1999 JPY / USD EX.RATE        JPY    50,000,000.00    8/27/99   449,276.66    477,235.85     27,959.19
    111.2900011 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 31 AUG 1999 USD / JPY EX.RATE        JPY   (50,000,000.00)   8/31/99   458,253.14    477,235.85    (18,982.71)
    0.0091651 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / JPY EX.RATE        JPY   (30,000,000.00)    9/8/99   270,392.07    286,341.51    (15,949.44)
    0.0090131 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / JPY EX.RATE        JPY   (20,000,000.00)    9/8/99   180,310.13    190,894.34    (10,584.21)
    0.0090155 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE        JPY  (210,000,000.00)   9/15/99 2,015,548.52  2,004,390.57     11,157.95
    0.0095979 WITH STATE STREET BOSTON CAP MKTS BOSTAN

United States dollar - USD
FX DEAL TRANSACTED ON 15 SEP 1999 EUR / USD EX.RATE        USD    (3,181,455.00)   9/15/99 3,181,455.00  3,181,455.00          -
    0.9586809 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 GBP / USD EX.RATE        USD    (2,577,904.00)   9/15/99 2,577,904.00  2,577,904.00          -
    0.6206593 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 JPY / USD EX.RATE        USD    (2,038,834.95)   9/15/99 2,038,834.95  2,038,834.95          -
    103.0     WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 18 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>    <C>             <C>      <C>           <C>                   <C>
FX DEAL TRANSACTED ON 17 MAR 1999 GBP / USD EX.RATE        USD    (1,630,070.00)   3/17/99 1,630,070.00  1,630,070.00          -
    0.6134706 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 JPY / USD EX.RATE        USD    (1,540,172.84)   3/17/99 1,540,172.84  1,540,172.84          -
    116.87    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 JPY / USD EX.RATE        USD    (1,514,960.23)   6/15/99 1,514,960.23  1,514,960.23          -
    118.815   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 GBP / USD EX.RATE        USD    (1,514,442.50)   6/15/99 1,514,442.50  1,514,442.50          -
    0.6272935 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 EUR / USD EX.RATE        USD    (1,259,040.00)   6/15/99 1,259,040.00  1,259,040.00          -
    0.9531071 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 GBP / USD EX.RATE        USD      (993,552.00)  10/22/99   993,552.00    993,552.00          -
    0.6038939 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 SEP 1999 JPY / USD EX.RATE        USD      (970,214.42)   9/21/99   970,214.42    970,214.42          -
    103.07    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 JPY / USD EX.RATE        USD      (950,434.82)  11/17/99   950,434.82    950,434.82          -
    105.215   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 JPY / USD EX.RATE        USD      (872,524.21)   8/16/99   872,524.21    872,524.21          -
    114.61    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 SEP 1999 GBP / USD EX.RATE        USD      (823,150.00)   9/27/99   823,150.00    823,150.00          -
    0.6074227 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 AUD / USD EX.RATE        USD      (766,764.00)   9/15/99   766,764.00    766,764.00          -
    1.5389351 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 NOV 1999 JPY / USD EX.RATE        USD      (762,631.08)   11/8/99   762,631.08    762,631.08          -
    104.9     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 GBP / USD EX.RATE        USD      (726,313.50)   4/13/99   726,313.50    726,313.50          -
    0.6195672 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 GBP / USD EX.RATE        USD      (721,606.50)   8/16/99   721,606.50    721,606.50          -
    0.6236086 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 OCT 1999 JPY / USD EX.RATE        USD      (711,676.23)  10/21/99   711,676.23    711,676.23          -
    105.385   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 JPY / USD EX.RATE        USD      (669,657.80)    3/1/99   669,657.80    669,657.80          -
    119.464   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 GBP / USD EX.RATE        USD      (643,444.00)    3/1/99   643,444.00    643,444.00          -
    0.6216547 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 AUD / USD EX.RATE        USD      (579,458.00)   6/15/99   579,458.00    579,458.00          -
    1.5186605 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 JPY / USD EX.RATE        USD      (570,260.89)  10/22/99   570,260.89    570,260.89          -
    105.215   WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 19 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>      <C>           <C>        <C>           <C>                 <C>
FX DEAL TRANSACTED ON 22 FEB 1999 EUR / USD EX.RATE        USD      (550,600.00)   2/22/99   550,600.00    550,600.00          -
    0.9081003 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 EUR / USD EX.RATE        USD      (533,450.00)   4/28/99   533,450.00    533,450.00          -
    0.937295  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 EUR / USD EX.RATE        USD      (516,200.00)  11/12/99   516,200.00    516,200.00          -
    0.9686168 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 GBP / USD EX.RATE        USD      (486,780.00)   9/20/99   486,780.00    486,780.00          -
    0.6162948 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 GBP / USD EX.RATE        USD      (485,820.00)   2/22/99   485,820.00    485,820.00          -
    0.6175127 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 GBP / USD EX.RATE        USD      (484,785.00)   4/28/99   484,785.00    484,785.00          -
    0.618831  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 GBP / USD EX.RATE        USD      (484,260.00)   2/23/99   484,260.00    484,260.00          -
    0.6195019 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 JUN 1999 GBP / USD EX.RATE        USD      (477,789.00)   6/17/99   477,789.00    477,789.00          -
    0.6278922 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 JPY / USD EX.RATE        USD      (476,235.83)  11/16/99   476,235.83    476,235.83          -
    104.99    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 JPY / USD EX.RATE        USD      (476,009.14)  11/12/99   476,009.14    476,009.14          -
    105.04    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 AUG 1999 JPY / USD EX.RATE        USD      (449,276.66)   8/27/99   449,276.66    449,276.66          -
    111.2900011 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 EUR / USD EX.RATE        USD      (436,084.00)    3/1/99   436,084.00    436,084.00          -
    0.9172545 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 EUR / USD EX.RATE        USD      (423,664.00)   8/16/99   423,664.00    423,664.00          -
    0.9441444 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 APR 1999 JPY / USD EX.RATE        USD      (421,727.40)   4/28/99   421,727.40    421,727.40          -
    118.5599987 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 JPY / USD EX.RATE        USD      (420,486.08)   3/26/99   420,486.08    420,486.08          -
    118.91    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 JPY / USD EX.RATE        USD      (419,709.56)   4/13/99   419,709.56    419,709.56          -
    119.13    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 03 MAY 1999 JPY / USD EX.RATE        USD      (419,494.76)    5/3/99   419,494.76    419,494.76          -
    119.191   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 25 FEB 1999 JPY / USD EX.RATE        USD      (419,136.08)   2/25/99   419,136.08    419,136.08          -
    119.293   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 JUN 1999 EUR / USD EX.RATE        USD      (415,864.00)   6/17/99   415,864.00    415,864.00          -
    0.9618529 WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 20 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>      <C>           <C>        <C>           <C>                 <C>
FX DEAL TRANSACTED ON 16 NOV 1999 EUR / USD EX.RATE        USD      (414,316.00)  11/16/99   414,316.00    414,316.00          -
    0.9654467 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 JPY / USD EX.RATE        USD      (414,112.97)    7/5/99   414,112.97    414,112.97          -
    120.74    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 JPY / USD EX.RATE        USD      (413,052.46)   2/23/99   413,052.46    413,052.46          -
    121.05    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 JPY / USD EX.RATE        USD      (412,405.15)   2/22/99   412,405.15    412,405.15          -
    121.24    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 GBP / USD EX.RATE        USD      (394,347.50)    7/5/99   394,347.50    394,347.50          -
    0.6339586 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 13 APR 1999 EUR / USD EX.RATE        USD      (379,365.00)   4/13/99   379,365.00    379,365.00          -
    0.9225943 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 EUR / USD EX.RATE        USD      (369,110.00)   8/24/99   369,110.00    369,110.00          -
    0.9482268 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 EUR / USD EX.RATE        USD      (366,450.00)   9/20/99   366,450.00    366,450.00          -
    0.9551098 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 GBP / USD EX.RATE        USD      (324,968.00)  11/17/99   324,968.00    324,968.00          -
    0.6154452 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 GBP / USD EX.RATE        USD      (324,640.00)  11/16/99   324,640.00    324,640.00          -
    0.616067  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 NOV 1999 GBP / USD EX.RATE        USD      (322,840.00)  11/12/99   322,840.00    322,840.00          -
    0.6195019 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 GBP / USD EX.RATE        USD      (322,040.00)   2/23/99   322,040.00    322,040.00          -
    0.6210409 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 GBP / USD EX.RATE        USD      (319,660.00)   8/24/99   319,660.00    319,660.00          -
    0.6256648 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 03 MAY 1999 EUR / USD EX.RATE        USD      (318,570.00)    5/3/99   318,570.00    318,570.00          -
    0.9417083 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 EUR / USD EX.RATE        USD      (313,791.00)   6/15/99   313,791.00    313,791.00          -
    0.9560504 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 NOV 1999 EUR / USD EX.RATE        USD      (312,270.00)  11/17/99   312,270.00    312,270.00          -
    0.9607071 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 05 JUL 1999 EUR / USD EX.RATE        USD      (308,547.00)    7/5/99   308,547.00    308,547.00          -
    0.9722992 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 OCT 1999 EUR / USD EX.RATE        USD      (271,025.00)  10/21/99   271,025.00    271,025.00          -
    0.9224241 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 OCT 1999 EUR / USD EX.RATE        USD      (267,312.50)  10/22/99   267,312.50    267,312.50          -
    0.935235  WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 21 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>      <C>           <C>        <C>           <C>                 <C>
FX DEAL TRANSACTED ON 15 JUN 1999 JPY / USD EX.RATE        USD      (252,440.26)   6/15/99   252,440.26    252,440.26          -
    118.84    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 SEP 1999 JPY / USD EX.RATE        USD      (240,731.82)   9/16/99   240,731.82    240,731.82          -
    103.85    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 29 SEP 1999 JPY / USD EX.RATE        USD      (236,679.67)   9/29/99   236,679.67    236,679.67          -
    105.628   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 JPY / USD EX.RATE        USD      (236,585.60)   9/20/99   236,585.60    236,585.60          -
    105.67    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 AUG 1999 AUD / USD EX.RATE        USD      (223,650.00)   8/24/99   223,650.00    223,650.00          -
    1.5649452 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 28 OCT 1999 EUR / USD EX.RATE        USD      (210,420.00)  10/28/99   210,420.00    210,420.00          -
    0.95048   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 25 FEB 1999 AUD / USD EX.RATE        USD      (187,680.00)   2/25/99   187,680.00    187,680.00          -
    1.5984655 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 OCT 1999 GBP / USD EX.RATE        USD      (165,510.00)  10/26/99   165,510.00    165,510.00          -
    0.6041931 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 OCT 1999 AUD / USD EX.RATE        USD      (162,025.00)  10/21/99   162,025.00    162,025.00          -
    1.5429718 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 GBP / USD EX.RATE        USD      (159,744.00)   6/15/99   159,744.00    159,744.00          -
    0.6260016 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 AUD / USD EX.RATE        USD      (128,080.00)   2/23/99   128,080.00    128,080.00          -
    1.561524  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 22 FEB 1999 AUD / USD EX.RATE        USD      (127,680.00)   2/22/99   127,680.00    127,680.00          -
    1.566416  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 MAR 1999 AUD / USD EX.RATE        USD      (124,070.00)    3/1/99   124,070.00    124,070.00          -
    1.6119932 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 FEB 1999 EUR / USD EX.RATE        USD      (109,875.00)   2/23/99   109,875.00    109,875.00          -
    0.9101251 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 AUG 1999 AUD / USD EX.RATE        USD       (97,695.00)   8/16/99    97,695.00     97,695.00          -
    1.5353908 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 20 SEP 1999 AUD / USD EX.RATE        USD       (77,388.00)   9/20/99    77,388.00     77,388.00          -
    1.550628  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 03 MAY 1999 AUD / USD EX.RATE        USD       (66,410.00)    5/3/99    66,410.00     66,410.00          -
    1.5057973 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 APR 1999 AUD / USD EX.RATE        USD       (64,860.00)   4/26/99    64,860.00     64,860.00          -
    1.5417823 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 NOV 1999 AUD / USD EX.RATE        USD       (64,604.50)  11/16/99    64,604.50     64,604.50          -
    1.5478798 WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 22 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>       <C>           <C>       <C>           <C>                 <C>
FX DEAL TRANSACTED ON 13 APR 1999 AUD / USD EX.RATE        USD       (63,780.00)   4/13/99    63,780.00     63,780.00          -
    1.5678896 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / AUD EX.RATE        USD        46,242.00    5/24/99    46,242.00     46,242.00          -
    0.6606    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / AUD EX.RATE        USD        95,662.50    3/26/99    95,662.50     95,662.50          -
    0.63775   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / EUR EX.RATE        USD       106,010.00     9/8/99   106,010.00    106,010.00          -
    1.0601    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / EUR EX.RATE        USD       106,010.00     9/8/99   106,010.00    106,010.00          -
    1.0601    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / AUD EX.RATE        USD       129,620.00     9/8/99   129,620.00    129,620.00          -
    0.6481    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / EUR EX.RATE        USD       161,722.50    3/26/99   161,722.50    161,722.50          -
    1.07815   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / JPY EX.RATE        USD       180,310.13     9/8/99   180,310.13    180,310.13          -
    0.0090155 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / GBP EX.RATE        USD       199,450.00    5/24/99   199,450.00    199,450.00          -
    1.5956    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / GBP EX.RATE        USD       199,800.00    5/24/99   199,800.00    199,800.00          -
    1.5984    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 31 AUG 1999 USD / EUR EX.RATE        USD       211,954.00    8/31/99   211,954.00    211,954.00          -
    1.05977   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / EUR EX.RATE        USD       212,160.00    5/24/99   212,160.00    212,160.00          -
    1.0608    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / EUR EX.RATE        USD       212,300.00    5/24/99   212,300.00    212,300.00          -
    1.0615    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / GBP EX.RATE        USD       242,910.00    3/26/99   242,910.00    242,910.00          -
    1.6194    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / JPY EX.RATE        USD       270,392.07     9/8/99   270,392.07    270,392.07          -
    0.0090131 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 SEP 1999 USD / EUR EX.RATE        USD       315,660.00    9/23/99   315,660.00    315,660.00          -
    1.0522    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 01 APR 1999 USD / GBP EX.RATE        USD       322,060.00     4/1/99   322,060.00    322,060.00          -
    1.6103    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 12 MAY 1999 USD / EUR EX.RATE        USD       322,320.00    5/12/99   322,320.00    322,320.00          -
    1.0744    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 03 MAR 1999 USD / GBP EX.RATE        USD       323,340.00     3/3/99   323,340.00    323,340.00          -
    1.6167    WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 23 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                      Shares/                             Transaction        Net
Security Description / Asset ID                                      Par Value      Date       Cost           Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>       <C>           <C>       <C>           <C>                 <C>
FX DEAL TRANSACTED ON 08 SEP 1999 USD / GBP EX.RATE        USD       323,800.00     9/8/99   323,800.00    323,800.00          -
    1.619     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 08 SEP 1999 USD / GBP EX.RATE        USD       324,040.00     9/8/99   324,040.00    324,040.00          -
    1.6202    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / EUR EX.RATE        USD       327,225.00    3/26/99   327,225.00    327,225.00          -
    1.09075   WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 JUL 1999 USD / GBP EX.RATE        USD       394,350.00    7/21/99   394,350.00    394,350.00          -
    1.5774    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 24 MAY 1999 USD / JPY EX.RATE        USD       407,199.28    5/24/99   407,199.28    407,199.28          -
    0.008144  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 27 MAY 1999 USD / JPY EX.RATE        USD       413,855.90    5/27/99   413,855.90    413,855.90          -
    0.0082771 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 16 MAR 1999 USD / JPY EX.RATE        USD       425,531.91    3/16/99   425,531.91    425,531.91          -
    0.0085106 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 21 JUL 1999 USD / JPY EX.RATE        USD       426,475.61    7/21/99   426,475.61    426,475.61          -
    0.0085295 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 18 AUG 1999 USD / JPY EX.RATE        USD       447,595.52    8/18/99   447,595.52    447,595.52          -
    0.0089519 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 31 AUG 1999 USD / JPY EX.RATE        USD       458,253.14    8/31/99   458,253.14    458,253.14          -
    0.0091651 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE        USD       483,045.12    9/15/99   483,045.12    483,045.12          -
    0.0096609 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE        USD       483,045.12    9/15/99   483,045.12    483,045.12          -
    0.0096609 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 USD / AUD EX.RATE        USD       564,300.00    3/17/99   564,300.00    564,300.00          -
    0.627     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / AUD EX.RATE        USD       579,040.00    6/15/99   579,040.00    579,040.00          -
    0.658     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / AUD EX.RATE        USD       765,820.00    9/15/99   765,820.00    765,820.00          -
    0.649     WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 26 MAR 1999 USD / JPY EX.RATE        USD       856,237.69    3/26/99   856,237.69    856,237.69          -
    0.0085624 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / EUR EX.RATE        USD     1,251,000.00    6/15/99 1,251,000.00  1,251,000.00          -
    1.0425    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 23 SEP 1999 USD / GBP EX.RATE        USD     1,314,340.00    9/23/99 1,314,340.00  1,314,340.00          -
    1.642925  WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 JUN 1999 USD / JPY EX.RATE        USD     1,495,637.72    6/15/99 1,495,637.72  1,495,637.72          -
    0.0083091 WITH STATE STREET BOSTON CAP MKTS BOSTAN
</TABLE>



                                  Page 24 of 25

<PAGE>


<TABLE>
<CAPTION>
5 % Report - Part B
Series of Non-Security Transactions with Same Party in Excess of 5 %
====================================================================================================================================
                                                                                                            Current
                                                                                                            Value on
                                                                  Shares/                                 Transaction        Net
Security Description / Asset ID                                  Par Value      Date         Cost             Date        Gain/Loss
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                      <C>   <C>             <C>       <C>             <C>             <C>
FX DEAL TRANSACTED ON 15 JUN 1999 USD / GBP EX.RATE      USD   1,513,825.00    6/15/99   1,513,825.00    1,513,825.00          -
    1.5935    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 17 MAR 1999 USD / JPY EX.RATE      USD   1,521,555.37    3/17/99   1,521,555.37    1,521,555.37          -
    0.0084531 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / JPY EX.RATE      USD   2,015,548.52    9/15/99   2,015,548.52    2,015,548.52          -
    0.0095979 WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / GBP EX.RATE      USD   2,576,800.00    9/15/99   2,576,800.00    2,576,800.00          -
    1.6105    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 15 SEP 1999 USD / EUR EX.RATE      USD   3,162,240.00    9/15/99   3,162,240.00    3,162,240.00          -
    1.0368    WITH STATE STREET BOSTON CAP MKTS BOSTAN
FX DEAL TRANSACTED ON 25 FEB 1999 USD / EUR EX.RATE      USD     220,972.00    2/25/99     220,972.00      220,972.00
    .905092   WITH STATE STREET BOSTON CAP MKTS BOSTAN

-----------------------------------------------------------------------------------------------------------------------------------
Total STATE ST BOS CAP MKT                                                             141,588,652.02  141,814,775.07    119,997.19
</TABLE>



                                  Page 25 of 25


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
U.S. Government Securities
====================================================================================================================================
<S>                                                               <C>          <C>                 <C>          <C>          <C>
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      30,000,000.00        2/2/99     100.53
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      31,000,000.00        2/2/99     100.55
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934       1,000,000.00        2/3/99     100.58
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      31,000,000.00        3/2/99      99.97
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      10,000,000.00       3/24/99     100.19
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      10,000,000.00       3/26/99     100.22
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      11,000,000.00       4/13/99     100.29
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      11,000,000.00       5/13/99     100.11
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      11,000,000.00        6/9/99      99.66
------------------------------------------------------------------------------------------------------------------------------------
Total Number of puchases = 9
====================================================================================================================================
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (30,000,000.00)       2/2/99                  100.56
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934      (1,000,000.00)       2/3/99                  100.59
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (31,000,000.00)       3/2/99                  100.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (10,000,000.00)      3/24/99                  100.20
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (10,000,000.00)      3/26/99                  100.21
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (10,000,000.00)      3/26/99                  100.20
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (11,000,000.00)      4/13/99                  100.31
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (10,000,000.00)      3/24/99                  100.17
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (11,000,000.00)      5/13/99                  100.14
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (11,000,000.00)       6/9/99                   99.64
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG              S2288934     (11,000,000.00)       6/9/99                   99.64
------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
Total US TREAS NTS DTD  08/31/1998  5.125 DUE 08-31-2000 REG
====================================================================================================================================
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      18,000,000.00      11/17/98     107.78
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       4,000,000.00      12/22/98     107.63
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      18,000,000.00      11/18/98     107.23
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       4,000,000.00      12/23/98     107.36
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      17,300,000.00        2/2/99     106.97
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      18,000,000.00       1/15/99     107.28
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       3,000,000.00       1/28/99     107.30
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       1,000,000.00       2/26/99     105.57
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       3,700,000.00       2/18/99     105.95
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       1,000,000.00       3/18/99     105.84
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       4,700,000.00       4/15/99     105.78
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       4,700,000.00       5/14/99     104.88
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861       4,700,000.00        5/6/99     105.03
------------------------------------------------------------------------------------------------------------------------------------

<CAPTION>
                                                                                          Current
                                                                                          Value on             Net
            Security Description / Asset ID                             Cost          Transaction Date      Gain/Loss
=======================================================================================================================
U.S. Government Securities
=======================================================================================================================
<S>                                                                <C>                 <C>                <C>
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                30,159,810.00       30,159,810.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                31,169,531.25       31,169,531.25            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                 1,005,773.00        1,005,773.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                30,991,648.60       30,991,648.60            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,018,750.00       10,018,750.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,021,875.00       10,021,875.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                11,031,812.00       11,031,812.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                11,012,551.00       11,012,551.00            0.00
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,962,187.50       10,962,187.50            0.00
-----------------------------------------------------------------------------------------------------------------------
Total Number of puchases = 9                                       146,373,938.35      146,373,938.35            0.00
=======================================================================================================================
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                30,161,971.11       30,168,750.00        6,778.89
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                 1,005,410.72        1,005,937.50          526.78
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                31,079,690.51       31,000,000.00      (79,690.51)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,024,009.88       10,019,531.25       (4,478.63)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,023,321.21       10,021,093.75       (2,227.46)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,023,321.21       10,020,060.00       (3,261.21)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                11,028,732.66       11,034,375.00        5,642.34
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,024,009.88       10,017,070.00       (6,939.88)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                11,020,641.83       11,015,468.75       (5,173.08)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,991,414.67       10,960,468.75      (30,945.92)
US TREAS NTS DTD 08/31/1998 5.125 DUE 08-31-2000 REG                10,991,414.67       10,960,070.00      (31,344.67)
-----------------------------------------------------------------------------------------------------------------------
                                                                   146,373,938.35      146,222,825.00     (151,113.35)
=======================================================================================================================
Total US TREAS NTS DTD  08/31/1998  5.125 DUE 08-31-2000 REG       292,747,876.70      292,596,763.35     (151,113.35)
=======================================================================================================================
USA TREASURY NTS  7.5% 15/11/01 USD1000                             19,400,625.00       19,400,625.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,305,000.00        4,305,000.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                             19,300,518.00       19,300,518.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,294,464.00        4,294,464.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                             18,505,593.75       18,505,593.75            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                             19,309,554.00       19,309,554.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              3,219,093.00        3,219,093.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              1,055,666.00        1,055,666.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              3,920,116.70        3,920,116.70            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              1,058,404.00        1,058,404.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,971,721.10        4,971,721.10            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,929,125.00        4,929,125.00            0.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,936,184.40        4,936,184.40            0.00
-----------------------------------------------------------------------------------------------------------------------
</TABLE>



                                  Page 1 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                               <C>          <C>                 <C>            <C>        <C>
Total Number of puchases = 13
====================================================================================================================================
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861     (18,000,000.00)     11/18/98                  107.59
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (4,000,000.00)     12/23/98                  107.56
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861     (18,000,000.00)      1/15/99                  107.47
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (3,000,000.00)      1/28/99                  107.44
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861     (17,300,000.00)       2/2/99                  107.01
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861     (17,300,000.00)       2/2/99                  106.86
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (3,700,000.00)      2/18/99                  106.31
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (1,000,000.00)      2/26/99                  105.72
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (1,000,000.00)      3/18/99                  106.00
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (4,700,000.00)      4/15/99                  105.94
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (4,700,000.00)       5/6/99                  105.22
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (4,700,000.00)      5/14/99                  104.88
USA TREASURY NTS  7.5% 15/11/01 USD1000                           S2913861      (4,700,000.00)      5/14/99                  104.71
------------------------------------------------------------------------------------------------------------------------------------
Total Number of sales = 13
====================================================================================================================================
Total USA TREASURY NTS  7.5% 15/11/01 USD1000
====================================================================================================================================
Loans to Participants/Other
====================================================================================================================================
&&& UAL - LOAN ASSET                                            C999954274         119,985.00       12/1/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         115,115.00       12/2/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         111,148.00       12/3/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         111,163.00       12/4/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         112,726.00       12/7/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         112,044.00       12/8/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         140,990.00       12/9/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         156,009.00      12/10/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         156,032.00      12/11/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         158,313.00      12/14/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         138,310.00      12/15/98       1.00
&&& UAL - LOAN ASSET                                            C999954274          44,463.00      12/16/98       1.00
&&& UAL - LOAN ASSET                                            C999954274          44,074.00      12/17/98       1.00
&&& UAL - LOAN ASSET                                            C999954274          34,698.00      12/18/98       1.00
&&& UAL - LOAN ASSET                                            C999954274         122,070.00      12/21/98       1.00
&&& UAL - LOAN ASSET                                            C999954274          43,032.00      12/22/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,713,439.00      12/23/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,713,953.00      12/24/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,886,930.00      12/28/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,759,270.00      12/29/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,804,060.00      12/30/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,906,518.00      12/31/98       1.00
&&& UAL - LOAN ASSET                                            C999954274       3,930,017.00        1/4/99       1.00
&&& UAL - LOAN ASSET                                            C999954274       4,253,826.00        1/5/99       1.00
&&& UAL - LOAN ASSET                                            C999954274       4,320,546.00        1/6/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on             Net
            Security Description / Asset ID                             Cost          Transaction Date      Gain/Loss
-----------------------------------------------------------------------------------------------------------------------
<S>                                                                <C>                 <C>                <C>
Total Number of puchases = 13                                      109,206,064.95      109,206,064.95            0.00
=======================================================================================================================
USA TREASURY NTS  7.5% 15/11/01 USD1000                             19,350,571.50       19,366,875.00       16,303.50
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,300,005.46        4,302,500.00        2,494.54
USA TREASURY NTS  7.5% 15/11/01 USD1000                             19,331,812.82       19,344,375.00       12,562.18
USA TREASURY NTS  7.5% 15/11/01 USD1000                              3,221,623.71        3,223,125.00        1,501.29
USA TREASURY NTS  7.5% 15/11/01 USD1000                             18,546,143.32       18,512,351.56      (33,791.76)
USA TREASURY NTS  7.5% 15/11/01 USD1000                             18,546,143.33       18,486,918.40      (59,224.93)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              3,946,078.33        3,933,562.50      (12,515.83)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              1,064,605.61        1,057,187.50       (7,418.11)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              1,063,517.61        1,060,000.00       (3,517.61)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,985,126.93        4,979,062.50       (6,064.43)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,960,655.66        4,945,281.25      (15,374.41)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,944,890.33        4,929,125.00      (15,765.33)
USA TREASURY NTS  7.5% 15/11/01 USD1000                              4,944,890.34        4,921,426.40      (23,463.94)
-----------------------------------------------------------------------------------------------------------------------
Total Number of sales = 13                                         109,206,064.95      109,061,790.11     (144,274.84)
=======================================================================================================================
Total USA TREASURY NTS  7.5% 15/11/01 USD1000                      218,412,129.90      218,267,855.06     (144,274.84)
=======================================================================================================================
Loans to Participants/Other
=======================================================================================================================
&&& UAL - LOAN ASSET                                                   119,985.00          119,985.00            0.00
&&& UAL - LOAN ASSET                                                   115,115.00          115,115.00            0.00
&&& UAL - LOAN ASSET                                                   111,148.00          111,148.00            0.00
&&& UAL - LOAN ASSET                                                   111,163.00          111,163.00            0.00
&&& UAL - LOAN ASSET                                                   112,726.00          112,726.00            0.00
&&& UAL - LOAN ASSET                                                   112,044.00          112,044.00            0.00
&&& UAL - LOAN ASSET                                                   140,990.00          140,990.00            0.00
&&& UAL - LOAN ASSET                                                   156,009.00          156,009.00            0.00
&&& UAL - LOAN ASSET                                                   156,032.00          156,032.00            0.00
&&& UAL - LOAN ASSET                                                   158,313.00          158,313.00            0.00
&&& UAL - LOAN ASSET                                                   138,310.00          138,310.00            0.00
&&& UAL - LOAN ASSET                                                    44,463.00           44,463.00            0.00
&&& UAL - LOAN ASSET                                                    44,074.00           44,074.00            0.00
&&& UAL - LOAN ASSET                                                    34,698.00           34,698.00            0.00
&&& UAL - LOAN ASSET                                                   122,070.00          122,070.00            0.00
&&& UAL - LOAN ASSET                                                    43,032.00           43,032.00            0.00
&&& UAL - LOAN ASSET                                                 3,713,439.00        3,713,439.00            0.00
&&& UAL - LOAN ASSET                                                 3,713,953.00        3,713,953.00            0.00
&&& UAL - LOAN ASSET                                                 3,886,930.00        3,886,930.00            0.00
&&& UAL - LOAN ASSET                                                 3,759,270.00        3,759,270.00            0.00
&&& UAL - LOAN ASSET                                                 3,804,060.00        3,804,060.00            0.00
&&& UAL - LOAN ASSET                                                 3,906,518.00        3,906,518.00            0.00
&&& UAL - LOAN ASSET                                                 3,930,017.00        3,930,017.00            0.00
&&& UAL - LOAN ASSET                                                 4,253,826.00        4,253,826.00            0.00
&&& UAL - LOAN ASSET                                                 4,320,546.00        4,320,546.00            0.00
</TABLE>



                                  Page 2 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>          <C>             <C>       <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274   3,991,621.00     1/7/99   1.00            3,991,621.00     3,991,621.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,088,286.00     1/8/99   1.00            4,088,286.00     4,088,286.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,002,161.00    1/11/99   1.00            4,002,161.00     4,002,161.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,835,318.00    1/12/99   1.00            3,835,318.00     3,835,318.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,800,373.00    1/13/99   1.00            3,800,373.00     3,800,373.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,817,066.00    1/14/99   1.00            3,817,066.00     3,817,066.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,789,234.00    1/15/99   1.00            3,789,234.00     3,789,234.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,792,471.00    1/19/99   1.00            3,792,471.00     3,792,471.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,792,475.00    1/20/99   1.00            3,792,475.00     3,792,475.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,751,479.00    1/21/99   1.00            3,751,479.00     3,751,479.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,843,330.00    1/22/99   1.00            3,843,330.00     3,843,330.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,916,206.00    1/25/99   1.00            3,916,206.00     3,916,206.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,868,049.00    1/26/99   1.00            3,868,049.00     3,868,049.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,898,541.00    1/27/99   1.00            3,898,541.00     3,898,541.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,896,077.00    1/28/99   1.00            3,896,077.00     3,896,077.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,869,650.00    1/29/99   1.00            3,869,650.00     3,869,650.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,878,844.00     2/1/99   1.00            3,878,844.00     3,878,844.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,874,379.00     2/2/99   1.00            3,874,379.00     3,874,379.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,874,680.00     2/3/99   1.00            3,874,680.00     3,874,680.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,861,292.00     2/4/99   1.00            3,861,292.00     3,861,292.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,992,326.00     2/5/99   1.00            3,992,326.00     3,992,326.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,097,377.00     2/8/99   1.00            4,097,377.00     4,097,377.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,196,666.00     2/9/99   1.00            4,196,666.00     4,196,666.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,050,111.00    2/10/99   1.00            4,050,111.00     4,050,111.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,050,645.00    2/11/99   1.00            4,050,645.00     4,050,645.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,059,638.00    2/12/99   1.00            4,059,638.00     4,059,638.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,064,224.00    2/16/99   1.00            4,064,224.00     4,064,224.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,907,370.00    2/17/99   1.00            3,907,370.00     3,907,370.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,921,643.00    2/18/99   1.00            3,921,643.00     3,921,643.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,958,695.00    2/19/99   1.00            3,958,695.00     3,958,695.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,909,495.00    2/22/99   1.00            3,909,495.00     3,909,495.00     0.00
&&& UAL - LOAN ASSET            C999954274   3,910,024.00    2/23/99   1.00            3,910,024.00     3,910,024.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,101,583.00    2/24/99   1.00            4,101,583.00     4,101,583.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,097,745.00    2/25/99   1.00            4,097,745.00     4,097,745.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,098,265.00    2/26/99   1.00            4,098,265.00     4,098,265.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,099,924.00     3/1/99   1.00            4,099,924.00     4,099,924.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,092,057.00     3/2/99   1.00            4,092,057.00     4,092,057.00     0.00
&&& UAL - LOAN ASSET            C999954274   4,100,561.00     3/3/99   1.00            4,100,561.00     4,100,561.00     0.00
&&& UAL - LOAN ASSET            C999954274     374,144.00     3/4/99   1.00              374,144.00       374,144.00     0.00
&&& UAL - LOAN ASSET            C999954274     374,192.00     3/5/99   1.00              374,192.00       374,192.00     0.00
&&& UAL - LOAN ASSET            C999954274     378,619.00     3/8/99   1.00              378,619.00       378,619.00     0.00
&&& UAL - LOAN ASSET            C999954274   1,158,552.00     3/9/99   1.00            1,158,552.00     1,158,552.00     0.00
&&& UAL - LOAN ASSET            C999954274     403,162.00    3/10/99   1.00              403,162.00       403,162.00     0.00
</TABLE>



                                  Page 3 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>            <C>           <C>       <C>    <C>        <C>              <C>            <C>
&&& UAL - LOAN ASSET            C999954274     904,173.00    3/11/99   1.00              904,173.00       904,173.00     0.00
&&& UAL - LOAN ASSET            C999954274     928,895.00    3/12/99   1.00              928,895.00       928,895.00     0.00
&&& UAL - LOAN ASSET            C999954274     912,914.00    3/15/99   1.00              912,914.00       912,914.00     0.00
&&& UAL - LOAN ASSET            C999954274      91,610.26    3/16/99   1.00               91,610.26        91,610.26     0.00
&&& UAL - LOAN ASSET            C999954274      81,786.00    3/17/99   1.00               81,786.00        81,786.00     0.00
&&& UAL - LOAN ASSET            C999954274      81,876.00    3/18/99   1.00               81,876.00        81,876.00     0.00
&&& UAL - LOAN ASSET            C999954274      81,896.00    3/19/99   1.00               81,896.00        81,896.00     0.00
&&& UAL - LOAN ASSET            C999954274      65,408.00    3/22/99   1.00               65,408.00        65,408.00     0.00
&&& UAL - LOAN ASSET            C999954274     103,301.00    3/23/99   1.00              103,301.00       103,301.00     0.00
&&& UAL - LOAN ASSET            C999954274     103,704.00    3/24/99   1.00              103,704.00       103,704.00     0.00
&&& UAL - LOAN ASSET            C999954274      65,432.00    3/25/99   1.00               65,432.00        65,432.00     0.00
&&& UAL - LOAN ASSET            C999954274      65,440.00    3/26/99   1.00               65,440.00        65,440.00     0.00
&&& UAL - LOAN ASSET            C999954274      67,256.00    3/29/99   1.00               67,256.00        67,256.00     0.00
&&& UAL - LOAN ASSET            C999954274      53,343.00    3/30/99   1.00               53,343.00        53,343.00     0.00
&&& UAL - LOAN ASSET            C999954274      61,873.00    3/31/99   1.00               61,873.00        61,873.00     0.00
&&& UAL - LOAN ASSET            C999954274      62,686.00     4/1/99   1.00               62,686.00        62,686.00     0.00
&&& UAL - LOAN ASSET            C999954274      64,195.00     4/5/99   1.00               64,195.00        64,195.00     0.00
&&& UAL - LOAN ASSET            C999954274      51,014.00     4/6/99   1.00               51,014.00        51,014.00     0.00
&&& UAL - LOAN ASSET            C999954274      35,976.00     4/7/99   1.00               35,976.00        35,976.00     0.00
&&& UAL - LOAN ASSET            C999954274      35,979.00     4/8/99   1.00               35,979.00        35,979.00     0.00
&&& UAL - LOAN ASSET            C999954274      31,498.00     4/9/99   1.00               31,498.00        31,498.00     0.00
&&& UAL - LOAN ASSET            C999954274      38,151.00    4/12/99   1.00               38,151.00        38,151.00     0.00
&&& UAL - LOAN ASSET            C999954274      38,146.00    4/13/99   1.00               38,146.00        38,146.00     0.00
&&& UAL - LOAN ASSET            C999954274      29,636.00    4/14/99   1.00               29,636.00        29,636.00     0.00
&&& UAL - LOAN ASSET            C999954274      31,014.00    4/15/99   1.00               31,014.00        31,014.00     0.00
&&& UAL - LOAN ASSET            C999954274      32,291.00    4/16/99   1.00               32,291.00        32,291.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,592.00    4/19/99   1.00               33,592.00        33,592.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,596.00    4/20/99   1.00               33,596.00        33,596.00     0.00
&&& UAL - LOAN ASSET            C999954274      63,039.00    4/21/99   1.00               63,039.00        63,039.00     0.00
&&& UAL - LOAN ASSET            C999954274      32,582.00    4/22/99   1.00               32,582.00        32,582.00     0.00
&&& UAL - LOAN ASSET            C999954274      32,556.00    4/23/99   1.00               32,556.00        32,556.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,319.00    4/26/99   1.00               33,319.00        33,319.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,323.00    4/27/99   1.00               33,323.00        33,323.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,328.00    4/28/99   1.00               33,328.00        33,328.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,333.00    4/29/99   1.00               33,333.00        33,333.00     0.00
&&& UAL - LOAN ASSET            C999954274      36,125.00    4/30/99   1.00               36,125.00        36,125.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,837.00     5/3/99   1.00               33,837.00        33,837.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,843.00     5/4/99   1.00               33,843.00        33,843.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,611.00     5/5/99   1.00               33,611.00        33,611.00     0.00
&&& UAL - LOAN ASSET            C999954274     128,326.00     5/6/99   1.00              128,326.00       128,326.00     0.00
&&& UAL - LOAN ASSET            C999954274     118,341.00     5/7/99   1.00              118,341.00       118,341.00     0.00
&&& UAL - LOAN ASSET            C999954274     196,270.00    5/10/99   1.00              196,270.00       196,270.00     0.00
&&& UAL - LOAN ASSET            C999954274     204,674.00    5/11/99   1.00              204,674.00       204,674.00     0.00
</TABLE>



                                  Page 4 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>            <C>           <C>       <C>    <C>        <C>              <C>            <C>
&&& UAL - LOAN ASSET            C999954274     261,158.00    5/12/99   1.00              261,158.00       261,158.00     0.00
&&& UAL - LOAN ASSET            C999954274     204,707.00    5/13/99   1.00              204,707.00       204,707.00     0.00
&&& UAL - LOAN ASSET            C999954274     204,744.00    5/14/99   1.00              204,744.00       204,744.00     0.00
&&& UAL - LOAN ASSET            C999954274     119,429.00    5/17/99   1.00              119,429.00       119,429.00     0.00
&&& UAL - LOAN ASSET            C999954274     119,444.00    5/18/99   1.00              119,444.00       119,444.00     0.00
&&& UAL - LOAN ASSET            C999954274     203,195.00    5/19/99   1.00              203,195.00       203,195.00     0.00
&&& UAL - LOAN ASSET            C999954274     203,222.00    5/20/99   1.00              203,222.00       203,222.00     0.00
&&& UAL - LOAN ASSET            C999954274     394,666.00    5/21/99   1.00              394,666.00       394,666.00     0.00
&&& UAL - LOAN ASSET            C999954274     120,817.00    5/24/99   1.00              120,817.00       120,817.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,996.00    5/25/99   1.00              101,996.00       101,996.00     0.00
&&& UAL - LOAN ASSET            C999954274     195,881.00    5/26/99   1.00              195,881.00       195,881.00     0.00
&&& UAL - LOAN ASSET            C999954274     203,906.00    5/27/99   1.00              203,906.00       203,906.00     0.00
&&& UAL - LOAN ASSET            C999954274     191,793.00    5/28/99   1.00              191,793.00       191,793.00     0.00
&&& UAL - LOAN ASSET            C999954274     189,119.00     6/1/99   1.00              189,119.00       189,119.00     0.00
&&& UAL - LOAN ASSET            C999954274     192,104.00     6/2/99   1.00              192,104.00       192,104.00     0.00
&&& UAL - LOAN ASSET            C999954274     192,829.00     6/3/99   1.00              192,829.00       192,829.00     0.00
&&& UAL - LOAN ASSET            C999954274     220,632.00     6/4/99   1.00              220,632.00       220,632.00     0.00
&&& UAL - LOAN ASSET            C999954274     222,725.00     6/7/99   1.00              222,725.00       222,725.00     0.00
&&& UAL - LOAN ASSET            C999954274     222,751.00     6/8/99   1.00              222,751.00       222,751.00     0.00
&&& UAL - LOAN ASSET            C999954274     215,874.00     6/9/99   1.00              215,874.00       215,874.00     0.00
&&& UAL - LOAN ASSET            C999954274     142,858.00    6/10/99   1.00              142,858.00       142,858.00     0.00
&&& UAL - LOAN ASSET            C999954274     142,875.00    6/11/99   1.00              142,875.00       142,875.00     0.00
&&& UAL - LOAN ASSET            C999954274     276,158.00    6/14/99   1.00              276,158.00       276,158.00     0.00
&&& UAL - LOAN ASSET            C999954274     145,604.00    6/15/99   1.00              145,604.00       145,604.00     0.00
&&& UAL - LOAN ASSET            C999954274     144,136.00    6/16/99   1.00              144,136.00       144,136.00     0.00
&&& UAL - LOAN ASSET            C999954274     187,952.00    6/17/99   1.00              187,952.00       187,952.00     0.00
&&& UAL - LOAN ASSET            C999954274     163,021.00    6/18/99   1.00              163,021.00       163,021.00     0.00
&&& UAL - LOAN ASSET            C999954274     165,246.00    6/21/99   1.00              165,246.00       165,246.00     0.00
&&& UAL - LOAN ASSET            C999954274     120,662.00    6/22/99   1.00              120,662.00       120,662.00     0.00
&&& UAL - LOAN ASSET            C999954274     120,676.00    6/23/99   1.00              120,676.00       120,676.00     0.00
&&& UAL - LOAN ASSET            C999954274     120,519.00    6/24/99   1.00              120,519.00       120,519.00     0.00
&&& UAL - LOAN ASSET            C999954274     120,534.00    6/25/99   1.00              120,534.00       120,534.00     0.00
&&& UAL - LOAN ASSET            C999954274     121,968.00    6/28/99   1.00              121,968.00       121,968.00     0.00
&&& UAL - LOAN ASSET            C999954274     121,983.00    6/29/99   1.00              121,983.00       121,983.00     0.00
&&& UAL - LOAN ASSET            C999954274     122,000.00    6/30/99   1.00              122,000.00       122,000.00     0.00
&&& UAL - LOAN ASSET            C999954274     117,647.00     7/1/99   1.00              117,647.00       117,647.00     0.00
&&& UAL - LOAN ASSET            C999954274     235,711.00     7/2/99   1.00              235,711.00       235,711.00     0.00
&&& UAL - LOAN ASSET            C999954274     235,461.00     7/6/99   1.00              235,461.00       235,461.00     0.00
&&& UAL - LOAN ASSET            C999954274     235,491.00     7/7/99   1.00              235,491.00       235,491.00     0.00
&&& UAL - LOAN ASSET            C999954274     128,232.00     7/8/99   1.00              128,232.00       128,232.00     0.00
&&& UAL - LOAN ASSET            C999954274     128,248.00     7/9/99   1.00              128,248.00       128,248.00     0.00
&&& UAL - LOAN ASSET            C999954274     129,925.00    7/12/99   1.00              129,925.00       129,925.00     0.00
&&& UAL - LOAN ASSET            C999954274     127,007.00    7/13/99   1.00              127,007.00       127,007.00     0.00
</TABLE>



                                  Page 5 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>            <C>           <C>       <C>    <C>        <C>              <C>            <C>
&&& UAL - LOAN ASSET            C999954274     124,247.00    7/14/99   1.00              124,247.00       124,247.00     0.00
&&& UAL - LOAN ASSET            C999954274     116,224.00    7/15/99   1.00              116,224.00       116,224.00     0.00
&&& UAL - LOAN ASSET            C999954274     174,139.00    7/16/99   1.00              174,139.00       174,139.00     0.00
&&& UAL - LOAN ASSET            C999954274     157,210.00    7/19/99   1.00              157,210.00       157,210.00     0.00
&&& UAL - LOAN ASSET            C999954274     377,238.00    7/20/99   1.00              377,238.00       377,238.00     0.00
&&& UAL - LOAN ASSET            C999954274     125,317.00    7/21/99   1.00              125,317.00       125,317.00     0.00
&&& UAL - LOAN ASSET            C999954274     125,334.00    7/22/99   1.00              125,334.00       125,334.00     0.00
&&& UAL - LOAN ASSET            C999954274     221,794.00    7/23/99   1.00              221,794.00       221,794.00     0.00
&&& UAL - LOAN ASSET            C999954274     116,527.00    7/26/99   1.00              116,527.00       116,527.00     0.00
&&& UAL - LOAN ASSET            C999954274     116,544.00    7/27/99   1.00              116,544.00       116,544.00     0.00
&&& UAL - LOAN ASSET            C999954274     128,320.00    7/28/99   1.00              128,320.00       128,320.00     0.00
&&& UAL - LOAN ASSET            C999954274      75,029.00    7/29/99   1.00               75,029.00        75,029.00     0.00
&&& UAL - LOAN ASSET            C999954274     104,432.00    7/30/99   1.00              104,432.00       104,432.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,479.00     8/2/99   1.00              101,479.00       101,479.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,494.00     8/3/99   1.00              101,494.00       101,494.00     0.00
&&& UAL - LOAN ASSET            C999954274     100,794.00     8/4/99   1.00              100,794.00       100,794.00     0.00
&&& UAL - LOAN ASSET            C999954274     100,807.00     8/5/99   1.00              100,807.00       100,807.00     0.00
&&& UAL - LOAN ASSET            C999954274     100,820.00     8/6/99   1.00              100,820.00       100,820.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,850.00     8/9/99   1.00              101,850.00       101,850.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,863.00    8/10/99   1.00              101,863.00       101,863.00     0.00
&&& UAL - LOAN ASSET            C999954274     101,878.00    8/11/99   1.00              101,878.00       101,878.00     0.00
&&& UAL - LOAN ASSET            C999954274     160,701.00    8/12/99   1.00              160,701.00       160,701.00     0.00
&&& UAL - LOAN ASSET            C999954274     160,722.00    8/13/99   1.00              160,722.00       160,722.00     0.00
&&& UAL - LOAN ASSET            C999954274     161,811.00    8/16/99   1.00              161,811.00       161,811.00     0.00
&&& UAL - LOAN ASSET            C999954274     154,064.00    8/17/99   1.00              154,064.00       154,064.00     0.00
&&& UAL - LOAN ASSET            C999954274     152,846.00    8/18/99   1.00              152,846.00       152,846.00     0.00
&&& UAL - LOAN ASSET            C999954274     230,834.00    8/19/99   1.00              230,834.00       230,834.00     0.00
&&& UAL - LOAN ASSET            C999954274     230,867.00    8/20/99   1.00              230,867.00       230,867.00     0.00
&&& UAL - LOAN ASSET            C999954274     153,980.00    8/23/99   1.00              153,980.00       153,980.00     0.00
&&& UAL - LOAN ASSET            C999954274     155,243.00    8/24/99   1.00              155,243.00       155,243.00     0.00
&&& UAL - LOAN ASSET            C999954274     155,264.00    8/25/99   1.00              155,264.00       155,264.00     0.00
&&& UAL - LOAN ASSET            C999954274     155,285.00    8/26/99   1.00              155,285.00       155,285.00     0.00
&&& UAL - LOAN ASSET            C999954274     215,072.00    8/27/99   1.00              215,072.00       215,072.00     0.00
&&& UAL - LOAN ASSET            C999954274     322,364.00    8/30/99   1.00              322,364.00       322,364.00     0.00
&&& UAL - LOAN ASSET            C999954274     322,408.00    8/31/99   1.00              322,408.00       322,408.00     0.00
&&& UAL - LOAN ASSET            C999954274     243,330.00     9/1/99   1.00              243,330.00       243,330.00     0.00
&&& UAL - LOAN ASSET            C999954274     243,364.00     9/2/99   1.00              243,364.00       243,364.00     0.00
&&& UAL - LOAN ASSET            C999954274     243,145.00     9/3/99   1.00              243,145.00       243,145.00     0.00
&&& UAL - LOAN ASSET            C999954274     202,268.00     9/7/99   1.00              202,268.00       202,268.00     0.00
&&& UAL - LOAN ASSET            C999954274      71,289.00     9/8/99   1.00               71,289.00        71,289.00     0.00
&&& UAL - LOAN ASSET            C999954274      71,299.00     9/9/99   1.00               71,299.00        71,299.00     0.00
&&& UAL - LOAN ASSET            C999954274      71,310.00    9/10/99   1.00               71,310.00        71,310.00     0.00
&&& UAL - LOAN ASSET            C999954274     243,958.75    9/13/99   1.00              243,958.75       243,958.75     0.00
</TABLE>



                                  Page 6 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>            <C>          <C>        <C>    <C>        <C>              <C>            <C>
&&& UAL - LOAN ASSET            C999954274     247,799.00    9/14/99   1.00              247,799.00       247,799.00     0.00
&&& UAL - LOAN ASSET            C999954274     247,834.00    9/15/99   1.00              247,834.00       247,834.00     0.00
&&& UAL - LOAN ASSET            C999954274     247,869.00    9/16/99   1.00              247,869.00       247,869.00     0.00
&&& UAL - LOAN ASSET            C999954274     175,632.00    9/17/99   1.00              175,632.00       175,632.00     0.00
&&& UAL - LOAN ASSET            C999954274     176,515.00    9/20/99   1.00              176,515.00       176,515.00     0.00
&&& UAL - LOAN ASSET            C999954274     176,540.00    9/21/99   1.00              176,540.00       176,540.00     0.00
&&& UAL - LOAN ASSET            C999954274     176,566.00    9/22/99   1.00              176,566.00       176,566.00     0.00
&&& UAL - LOAN ASSET            C999954274     176,592.00    9/23/99   1.00              176,592.00       176,592.00     0.00
&&& UAL - LOAN ASSET            C999954274     176,615.00    9/24/99   1.00              176,615.00       176,615.00     0.00
&&& UAL - LOAN ASSET            C999954274     251,584.00    9/27/99   1.00              251,584.00       251,584.00     0.00
&&& UAL - LOAN ASSET            C999954274     251,612.00    9/28/99   1.00              251,612.00       251,612.00     0.00
&&& UAL - LOAN ASSET            C999954274     253,247.00    9/29/99   1.00              253,247.00       253,247.00     0.00
&&& UAL - LOAN ASSET            C999954274     253,286.00    9/30/99   1.00              253,286.00       253,286.00     0.00
&&& UAL - LOAN ASSET            C999954274     248,092.00    10/1/99   1.00              248,092.00       248,092.00     0.00
&&& UAL - LOAN ASSET            C999954274     250,200.00    10/4/99   1.00              250,200.00       250,200.00     0.00
&&& UAL - LOAN ASSET            C999954274     346,648.00    10/5/99   1.00              346,648.00       346,648.00     0.00
&&& UAL - LOAN ASSET            C999954274     321,697.00    10/6/99   1.00              321,697.00       321,697.00     0.00
&&& UAL - LOAN ASSET            C999954274     329,941.00    10/7/99   1.00              329,941.00       329,941.00     0.00
&&& UAL - LOAN ASSET            C999954274     271,340.00    10/8/99   1.00              271,340.00       271,340.00     0.00
&&& UAL - LOAN ASSET            C999954274     273,539.00   10/12/99   1.00              273,539.00       273,539.00     0.00
&&& UAL - LOAN ASSET            C999954274     273,499.00   10/12/99   1.00              273,499.00       273,499.00     0.00
&&& UAL - LOAN ASSET            C999954274     274,077.00   10/13/99   1.00              274,077.00       274,077.00     0.00
&&& UAL - LOAN ASSET            C999954274     220,466.00   10/14/99   1.00              220,466.00       220,466.00     0.00
&&& UAL - LOAN ASSET            C999954274     310,432.00   10/15/99   1.00              310,432.00       310,432.00     0.00
&&& UAL - LOAN ASSET            C999954274     851,967.00   10/18/99   1.00              851,967.00       851,967.00     0.00
&&& UAL - LOAN ASSET            C999954274     224,630.00   10/19/99   1.00              224,630.00       224,630.00     0.00
&&& UAL - LOAN ASSET            C999954274     224,685.00   10/20/99   1.00              224,685.00       224,685.00     0.00
&&& UAL - LOAN ASSET            C999954274     222,196.00   10/21/99   1.00              222,196.00       222,196.00     0.00
&&& UAL - LOAN ASSET            C999954274     231,425.00   10/22/99   1.00              231,425.00       231,425.00     0.00
&&& UAL - LOAN ASSET            C999954274     123,926.00   10/25/99   1.00              123,926.00       123,926.00     0.00
&&& UAL - LOAN ASSET            C999954274     123,945.00   10/26/99   1.00              123,945.00       123,945.00     0.00
&&& UAL - LOAN ASSET            C999954274     114,962.00   10/27/99   1.00              114,962.00       114,962.00     0.00
&&& UAL - LOAN ASSET            C999954274      24,059.00   10/28/99   1.00               24,059.00        24,059.00     0.00
&&& UAL - LOAN ASSET            C999954274      24,063.00   10/29/99   1.00               24,063.00        24,063.00     0.00
&&& UAL - LOAN ASSET            C999954274     172,366.00    11/1/99   1.00              172,366.00       172,366.00     0.00
&&& UAL - LOAN ASSET            C999954274     172,451.00    11/2/99   1.00              172,451.00       172,451.00     0.00
&&& UAL - LOAN ASSET            C999954274     171,987.00    11/3/99   1.00              171,987.00       171,987.00     0.00
&&& UAL - LOAN ASSET            C999954274     218,048.00    11/4/99   1.00              218,048.00       218,048.00     0.00
&&& UAL - LOAN ASSET            C999954274     218,078.00    11/5/99   1.00              218,078.00       218,078.00     0.00
&&& UAL - LOAN ASSET            C999954274      71,799.00    11/8/99   1.00               71,799.00        71,799.00     0.00
&&& UAL - LOAN ASSET            C999954274      31,809.00    11/9/99   1.00               31,809.00        31,809.00     0.00
&&& UAL - LOAN ASSET            C999954274      42,962.00   11/10/99   1.00               42,962.00        42,962.00     0.00
&&& UAL - LOAN ASSET            C999954274      45,781.00   11/12/99   1.00               45,781.00        45,781.00     0.00
</TABLE>



                                  Page 7 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>    <C>              <C>                <C>
&&& UAL - LOAN ASSET            C999954274      47,502.00   11/15/99   1.00               47,502.00        47,502.00     0.00
&&& UAL - LOAN ASSET            C999954274      49,256.00   11/16/99   1.00               49,256.00        49,256.00     0.00
&&& UAL - LOAN ASSET            C999954274      64,971.00   11/17/99   1.00               64,971.00        64,971.00     0.00
&&& UAL - LOAN ASSET            C999954274      33,665.00   11/18/99   1.00               33,665.00        33,665.00     0.00
&&& UAL - LOAN ASSET            C999954274      35,299.00   11/19/99   1.00               35,299.00        35,299.00     0.00
&&& UAL - LOAN ASSET            C999954274     357,884.00   11/22/99   1.00              357,884.00       357,884.00     0.00
&&& UAL - LOAN ASSET            C999954274      35,590.00   11/23/99   1.00               35,590.00        35,590.00     0.00
&&& UAL - LOAN ASSET            C999954274      51,296.00   11/24/99   1.00               51,296.00        51,296.00     0.00
&&& UAL - LOAN ASSET            C999954274      61,434.00   11/26/99   1.00               61,434.00        61,434.00     0.00
&&& UAL - LOAN ASSET            C999954274      59,681.00   11/29/99   1.00               59,681.00        59,681.00     0.00
&&& UAL - LOAN ASSET            C999954274      59,690.00   11/30/99   1.00               59,690.00        59,690.00     0.00
-------------------------------------------------------------------------------------------------------------------------------
Total Number of puchases = 251                                                       219,609,169.01   219,609,169.01     0.00
===============================================================================================================================
&&& UAL - LOAN ASSET            C999954274  (3,861,292.00)    2/5/99          1.00     3,861,292.00     3,861,292.00     0.00
&&& UAL - LOAN ASSET            C999954274    (124,247.00)   7/15/99          1.00       124,247.00       124,247.00     0.00
&&& UAL - LOAN ASSET            C999954274     (65,432.00)   3/26/99          1.00        65,432.00        65,432.00     0.00
&&& UAL - LOAN ASSET            C999954274    (176,515.00)   9/21/99          1.00       176,515.00       176,515.00     0.00
&&& UAL - LOAN ASSET            C999954274    (176,566.00)   9/23/99          1.00       176,566.00       176,566.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,097,377.00)    2/9/99          1.00     4,097,377.00     4,097,377.00     0.00
&&& UAL - LOAN ASSET            C999954274    (243,145.00)    9/7/99          1.00       243,145.00       243,145.00     0.00
&&& UAL - LOAN ASSET            C999954274    (243,958.75)   9/14/99          1.00       243,958.75       243,958.75     0.00
&&& UAL - LOAN ASSET            C999954274    (253,286.00)   10/1/99          1.00       253,286.00       253,286.00     0.00
&&& UAL - LOAN ASSET            C999954274    (174,139.00)   7/19/99          1.00       174,139.00       174,139.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,091,924.00)    3/2/99          1.00     4,091,924.00     4,091,924.00     0.00
&&& UAL - LOAN ASSET            C999954274     (67,256.00)   3/30/99          1.00        67,256.00        67,256.00     0.00
&&& UAL - LOAN ASSET            C999954274    (171,987.00)   11/4/99          1.00       171,987.00       171,987.00     0.00
&&& UAL - LOAN ASSET            C999954274    (377,238.00)   7/21/99          1.00       377,238.00       377,238.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,100,561.00)    3/4/99          1.00     4,100,561.00     4,100,561.00     0.00
&&& UAL - LOAN ASSET            C999954274    (247,834.00)   9/16/99          1.00       247,834.00       247,834.00     0.00
&&& UAL - LOAN ASSET            C999954274    (374,192.00)    3/8/99          1.00       374,192.00       374,192.00     0.00
&&& UAL - LOAN ASSET            C999954274    (215,874.00)   6/10/99          1.00       215,874.00       215,874.00     0.00
&&& UAL - LOAN ASSET            C999954274  (1,158,552.00)   3/10/99          1.00     1,158,552.00     1,158,552.00     0.00
&&& UAL - LOAN ASSET            C999954274     (49,256.00)  11/17/99          1.00        49,256.00        49,256.00     0.00
&&& UAL - LOAN ASSET            C999954274    (128,320.00)   7/29/99          1.00       128,320.00       128,320.00     0.00
&&& UAL - LOAN ASSET            C999954274    (904,173.00)   3/12/99          1.00       904,173.00       904,173.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,896,077.00)   1/29/99          1.00     3,896,077.00     3,896,077.00     0.00
&&& UAL - LOAN ASSET            C999954274    (145,604.00)   6/16/99          1.00       145,604.00       145,604.00     0.00
&&& UAL - LOAN ASSET            C999954274    (921,386.00)   3/16/99          1.00       921,386.00       921,386.00     0.00
&&& UAL - LOAN ASSET            C999954274    (187,952.00)   6/18/99          1.00       187,952.00       187,952.00     0.00
&&& UAL - LOAN ASSET            C999954274     (81,863.61)   3/18/99          1.00        81,863.61        81,863.61     0.00
&&& UAL - LOAN ASSET            C999954274  (3,869,650.00)    2/1/99          1.00     3,869,650.00     3,869,650.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,328.00)   4/29/99          1.00        33,328.00        33,328.00     0.00
&&& UAL - LOAN ASSET            C999954274    (165,246.00)   6/22/99          1.00       165,246.00       165,246.00     0.00
&&& UAL - LOAN ASSET            C999954274     (81,896.00)   3/22/99          1.00        81,896.00        81,896.00     0.00
</TABLE>



                                  Page 8 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274  (3,874,379.00)    2/3/99          1.00     3,874,379.00     3,874,379.00     0.00
&&& UAL - LOAN ASSET            C999954274    (129,925.00)   7/13/99          1.00       129,925.00       129,925.00     0.00
&&& UAL - LOAN ASSET            C999954274    (120,676.00)   6/24/99          1.00       120,676.00       120,676.00     0.00
&&& UAL - LOAN ASSET            C999954274    (103,301.00)   3/24/99          1.00       103,301.00       103,301.00     0.00
&&& UAL - LOAN ASSET            C999954274     (35,590.00)  11/24/99          1.00        35,590.00        35,590.00     0.00
&&& UAL - LOAN ASSET            C999954274    (118,341.00)   5/10/99          1.00       118,341.00       118,341.00     0.00
&&& UAL - LOAN ASSET            C999954274    (204,674.00)   5/12/99          1.00       204,674.00       204,674.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,996.00)   5/26/99          1.00       101,996.00       101,996.00     0.00
&&& UAL - LOAN ASSET            C999954274    (204,707.00)   5/14/99          1.00       204,707.00       204,707.00     0.00
&&& UAL - LOAN ASSET            C999954274    (310,432.00)  10/18/99          1.00       310,432.00       310,432.00     0.00
&&& UAL - LOAN ASSET            C999954274    (220,466.00)  10/15/99          1.00       220,466.00       220,466.00     0.00
&&& UAL - LOAN ASSET            C999954274    (119,429.00)   5/18/99          1.00       119,429.00       119,429.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,002,161.00)   1/12/99          1.00     4,002,161.00     4,002,161.00     0.00
&&& UAL - LOAN ASSET            C999954274    (203,195.00)   5/20/99          1.00       203,195.00       203,195.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,800,373.00)   1/14/99          1.00     3,800,373.00     3,800,373.00     0.00
&&& UAL - LOAN ASSET            C999954274    (175,632.00)   9/20/99          1.00       175,632.00       175,632.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,789,234.00)   1/19/99          1.00     3,789,234.00     3,789,234.00     0.00
&&& UAL - LOAN ASSET            C999954274    (346,648.00)   10/6/99          1.00       346,648.00       346,648.00     0.00
&&& UAL - LOAN ASSET            C999954274    (851,967.00)  10/19/99          1.00       851,967.00       851,967.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,837.00)    5/4/99          1.00        33,837.00        33,837.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,611.00)    5/6/99          1.00        33,611.00        33,611.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,596.00)   4/21/99          1.00        33,596.00        33,596.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,843,330.00)   1/25/99          1.00     3,843,330.00     3,843,330.00     0.00
&&& UAL - LOAN ASSET            C999954274    (100,807.00)    8/6/99          1.00       100,807.00       100,807.00     0.00
&&& UAL - LOAN ASSET            C999954274    (123,945.00)  10/27/99          1.00       123,945.00       123,945.00     0.00
&&& UAL - LOAN ASSET            C999954274     (32,552.00)   4/23/99          1.00        32,552.00        32,552.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,868,049.00)   1/27/99          1.00     3,868,049.00     3,868,049.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,850.00)   8/10/99          1.00       101,850.00       101,850.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,319.00)   4/27/99          1.00        33,319.00        33,319.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,878.00)   8/12/99          1.00       101,878.00       101,878.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,906,518.00)    1/4/99          1.00     3,906,518.00     3,906,518.00     0.00
&&& UAL - LOAN ASSET            C999954274    (160,722.00)   8/16/99          1.00       160,722.00       160,722.00     0.00
&&& UAL - LOAN ASSET            C999954274     (62,686.00)    4/5/99          1.00        62,686.00        62,686.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,253,826.00)    1/6/99          1.00     4,253,826.00     4,253,826.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,991,621.00)    1/8/99          1.00     3,991,621.00     3,991,621.00     0.00
&&& UAL - LOAN ASSET            C999954274    (230,834.00)   8/20/99          1.00       230,834.00       230,834.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,909,495.00)   2/23/99          1.00     3,909,495.00     3,909,495.00     0.00
&&& UAL - LOAN ASSET            C999954274    (121,983.00)   6/30/99          1.00       121,983.00       121,983.00     0.00
&&& UAL - LOAN ASSET            C999954274    (153,980.00)   8/24/99          1.00       153,980.00       153,980.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,101,583.00)   2/25/99          1.00     4,101,583.00     4,101,583.00     0.00
&&& UAL - LOAN ASSET            C999954274    (155,264.00)   8/26/99          1.00       155,264.00       155,264.00     0.00
&&& UAL - LOAN ASSET            C999954274     (29,636.00)   4/15/99          1.00        29,636.00        29,636.00     0.00
&&& UAL - LOAN ASSET            C999954274     (35,299.00)  11/22/99          1.00        35,299.00        35,299.00     0.00
</TABLE>



                                  Page 9 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274    (215,072.00)   8/30/99          1.00       215,072.00       215,072.00     0.00
&&& UAL - LOAN ASSET            C999954274     (32,291.00)   4/19/99          1.00        32,291.00        32,291.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,792,475.00)   1/21/99          1.00     3,792,475.00     3,792,475.00     0.00
&&& UAL - LOAN ASSET            C999954274    (250,200.00)   10/5/99          1.00       250,200.00       250,200.00     0.00
&&& UAL - LOAN ASSET            C999954274    (273,539.00)  10/13/99          1.00       273,539.00       273,539.00     0.00
&&& UAL - LOAN ASSET            C999954274    (116,224.00)   7/16/99          1.00       116,224.00       116,224.00     0.00
&&& UAL - LOAN ASSET            C999954274    (121,968.00)   6/29/99          1.00       121,968.00       121,968.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,098,265.00)    3/1/99          1.00     4,098,265.00     4,098,265.00     0.00
&&& UAL - LOAN ASSET            C999954274    (203,222.00)   5/24/99          1.00       203,222.00       203,222.00     0.00
&&& UAL - LOAN ASSET            C999954274    (192,104.00)    6/3/99          1.00       192,104.00       192,104.00     0.00
&&& UAL - LOAN ASSET            C999954274    (157,210.00)   7/20/99          1.00       157,210.00       157,210.00     0.00
&&& UAL - LOAN ASSET            C999954274     (75,029.00)   7/30/99          1.00        75,029.00        75,029.00     0.00
&&& UAL - LOAN ASSET            C999954274    (224,630.00)  10/20/99          1.00       224,630.00       224,630.00     0.00
&&& UAL - LOAN ASSET            C999954274    (220,632.00)    6/7/99          1.00       220,632.00       220,632.00     0.00
&&& UAL - LOAN ASSET            C999954274    (125,317.00)   7/22/99          1.00       125,317.00       125,317.00     0.00
&&& UAL - LOAN ASSET            C999954274    (203,906.00)   5/28/99          1.00       203,906.00       203,906.00     0.00
&&& UAL - LOAN ASSET            C999954274    (142,858.00)   6/11/99          1.00       142,858.00       142,858.00     0.00
&&& UAL - LOAN ASSET            C999954274    (116,544.00)   7/28/99          1.00       116,544.00       116,544.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,196,666.00)   2/10/99          1.00     4,196,666.00     4,196,666.00     0.00
&&& UAL - LOAN ASSET            C999954274    (251,612.00)   9/29/99          1.00       251,612.00       251,612.00     0.00
&&& UAL - LOAN ASSET            C999954274    (144,136.00)   6/17/99          1.00       144,136.00       144,136.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,050,645.00)   2/12/99          1.00     4,050,645.00     4,050,645.00     0.00
&&& UAL - LOAN ASSET            C999954274    (163,021.00)   6/21/99          1.00       163,021.00       163,021.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,064,224.00)   2/17/99          1.00     4,064,224.00     4,064,224.00     0.00
&&& UAL - LOAN ASSET            C999954274    (128,248.00)   7/12/99          1.00       128,248.00       128,248.00     0.00
&&& UAL - LOAN ASSET            C999954274    (120,662.00)   6/23/99          1.00       120,662.00       120,662.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,921,643.00)   2/19/99          1.00     3,921,643.00     3,921,643.00     0.00
&&& UAL - LOAN ASSET            C999954274    (120,519.00)   6/25/99          1.00       120,519.00       120,519.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,804,060.00)  12/31/98          1.00     3,804,060.00     3,804,060.00     0.00
&&& UAL - LOAN ASSET            C999954274     (71,310.00)   9/13/99          1.00        71,310.00        71,310.00     0.00
&&& UAL - LOAN ASSET            C999954274     (34,698.00)  12/21/98          1.00        34,698.00        34,698.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,713,953.00)  12/28/98          1.00     3,713,953.00     3,713,953.00     0.00
&&& UAL - LOAN ASSET            C999954274    (329,941.00)   10/8/99          1.00       329,941.00       329,941.00     0.00
&&& UAL - LOAN ASSET            C999954274     (24,063.00)   11/1/99          1.00        24,063.00        24,063.00     0.00
&&& UAL - LOAN ASSET            C999954274     (43,032.00)  12/23/98          1.00        43,032.00        43,032.00     0.00
&&& UAL - LOAN ASSET            C999954274    (123,949.00)   12/1/98          1.00       123,949.00       123,949.00     0.00
&&& UAL - LOAN ASSET            C999954274    (115,115.00)   12/3/98          1.00       115,115.00       115,115.00     0.00
&&& UAL - LOAN ASSET            C999954274    (111,163.00)   12/7/98          1.00       111,163.00       111,163.00     0.00
&&& UAL - LOAN ASSET            C999954274    (154,064.00)   8/18/99          1.00       154,064.00       154,064.00     0.00
&&& UAL - LOAN ASSET            C999954274    (112,044.00)   12/9/98          1.00       112,044.00       112,044.00     0.00
&&& UAL - LOAN ASSET            C999954274     (51,014.00)    4/7/99          1.00        51,014.00        51,014.00     0.00
&&& UAL - LOAN ASSET            C999954274     (45,781.00)  11/15/99          1.00        45,781.00        45,781.00     0.00
&&& UAL - LOAN ASSET            C999954274    (271,340.00)  10/12/99          1.00       271,340.00       271,340.00     0.00
</TABLE>



                                  Page 10 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274    (156,009.00)  12/11/98          1.00       156,009.00       156,009.00     0.00
&&& UAL - LOAN ASSET            C999954274     (35,979.00)    4/9/99          1.00        35,979.00        35,979.00     0.00
&&& UAL - LOAN ASSET            C999954274     (71,799.00)   11/9/99          1.00        71,799.00        71,799.00     0.00
&&& UAL - LOAN ASSET            C999954274    (172,366.00)   11/2/99          1.00       172,366.00       172,366.00     0.00
&&& UAL - LOAN ASSET            C999954274    (158,313.00)  12/15/98          1.00       158,313.00       158,313.00     0.00
&&& UAL - LOAN ASSET            C999954274     (44,463.00)  12/17/98          1.00        44,463.00        44,463.00     0.00
&&& UAL - LOAN ASSET            C999954274    (104,432.00)    8/2/99          1.00       104,432.00       104,432.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,494.00)    8/4/99          1.00       101,494.00       101,494.00     0.00
&&& UAL - LOAN ASSET            C999954274     (31,809.00)  11/10/99          1.00        31,809.00        31,809.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,992,326.00)    2/8/99          1.00     3,992,326.00     3,992,326.00     0.00
&&& UAL - LOAN ASSET            C999954274    (243,364.00)    9/3/99          1.00       243,364.00       243,364.00     0.00
&&& UAL - LOAN ASSET            C999954274    (191,793.00)    6/1/99          1.00       191,793.00       191,793.00     0.00
&&& UAL - LOAN ASSET            C999954274     (65,440.00)   3/29/99          1.00        65,440.00        65,440.00     0.00
&&& UAL - LOAN ASSET            C999954274     (51,296.00)  11/26/99          1.00        51,296.00        51,296.00     0.00
&&& UAL - LOAN ASSET            C999954274    (357,884.00)  11/23/99          1.00       357,884.00       357,884.00     0.00
&&& UAL - LOAN ASSET            C999954274    (202,268.00)    9/8/99          1.00       202,268.00       202,268.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,100,057.00)    3/3/99          1.00     4,100,057.00     4,100,057.00     0.00
&&& UAL - LOAN ASSET            C999954274    (274,077.00)  10/14/99          1.00       274,077.00       274,077.00     0.00
&&& UAL - LOAN ASSET            C999954274    (374,144.00)    3/5/99          1.00       374,144.00       374,144.00     0.00
&&& UAL - LOAN ASSET            C999954274    (114,962.00)  10/28/99          1.00       114,962.00       114,962.00     0.00
&&& UAL - LOAN ASSET            C999954274    (222,751.00)    6/9/99          1.00       222,751.00       222,751.00     0.00
&&& UAL - LOAN ASSET            C999954274    (221,794.00)   7/26/99          1.00       221,794.00       221,794.00     0.00
&&& UAL - LOAN ASSET            C999954274    (378,619.00)    3/9/99          1.00       378,619.00       378,619.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,930,017.00)    1/5/99          1.00     3,930,017.00     3,930,017.00     0.00
&&& UAL - LOAN ASSET            C999954274    (403,162.00)   3/11/99          1.00       403,162.00       403,162.00     0.00
&&& UAL - LOAN ASSET            C999954274    (122,000.00)    7/1/99          1.00       122,000.00       122,000.00     0.00
&&& UAL - LOAN ASSET            C999954274    (276,158.00)   6/15/99          1.00       276,158.00       276,158.00     0.00
&&& UAL - LOAN ASSET            C999954274    (928,895.00)   3/15/99          1.00       928,895.00       928,895.00     0.00
&&& UAL - LOAN ASSET            C999954274    (235,711.00)    7/6/99          1.00       235,711.00       235,711.00     0.00
&&& UAL - LOAN ASSET            C999954274     (83,050.00)   3/17/99          1.00        83,050.00        83,050.00     0.00
&&& UAL - LOAN ASSET            C999954274    (172,451.00)   11/3/99          1.00       172,451.00       172,451.00     0.00
&&& UAL - LOAN ASSET            C999954274    (235,491.00)    7/8/99          1.00       235,491.00       235,491.00     0.00
&&& UAL - LOAN ASSET            C999954274     (81,886.65)   3/19/99          1.00        81,886.65        81,886.65     0.00
&&& UAL - LOAN ASSET            C999954274  (3,878,844.00)    2/2/99          1.00     3,878,844.00     3,878,844.00     0.00
&&& UAL - LOAN ASSET            C999954274     (65,408.00)   3/23/99          1.00        65,408.00        65,408.00     0.00
&&& UAL - LOAN ASSET            C999954274     (64,971.00)  11/18/99          1.00        64,971.00        64,971.00     0.00
&&& UAL - LOAN ASSET            C999954274     (53,343.00)   3/31/99          1.00        53,343.00        53,343.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,874,680.00)    2/4/99          1.00     3,874,680.00     3,874,680.00     0.00
&&& UAL - LOAN ASSET            C999954274    (322,408.00)    9/1/99          1.00       322,408.00       322,408.00     0.00
&&& UAL - LOAN ASSET            C999954274    (127,007.00)   7/14/99          1.00       127,007.00       127,007.00     0.00
&&& UAL - LOAN ASSET            C999954274    (103,704.00)   3/25/99          1.00       103,704.00       103,704.00     0.00
&&& UAL - LOAN ASSET            C999954274     (71,299.00)   9/10/99          1.00        71,299.00        71,299.00     0.00
&&& UAL - LOAN ASSET            C999954274    (196,270.00)   5/11/99          1.00       196,270.00       196,270.00     0.00
</TABLE>



                                  Page 11 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274     (71,289.00)    9/9/99          1.00        71,289.00        71,289.00     0.00
&&& UAL - LOAN ASSET            C999954274    (195,881.00)   5/27/99          1.00       195,881.00       195,881.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,088,286.00)   1/11/99          1.00     4,088,286.00     4,088,286.00     0.00
&&& UAL - LOAN ASSET            C999954274    (218,078.00)   11/8/99          1.00       218,078.00       218,078.00     0.00
&&& UAL - LOAN ASSET            C999954274    (119,444.00)   5/19/99          1.00       119,444.00       119,444.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,835,318.00)   1/13/99          1.00     3,835,318.00     3,835,318.00     0.00
&&& UAL - LOAN ASSET            C999954274    (203,222.00)   5/21/99          1.00       203,222.00       203,222.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,817,066.00)   1/15/99          1.00     3,817,066.00     3,817,066.00     0.00
&&& UAL - LOAN ASSET            C999954274     (61,434.00)  11/29/99          1.00        61,434.00        61,434.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,792,471.00)   1/20/99          1.00     3,792,471.00     3,792,471.00     0.00
&&& UAL - LOAN ASSET            C999954274    (273,499.00)  10/12/99          1.00       273,499.00       273,499.00     0.00
&&& UAL - LOAN ASSET            C999954274     (59,681.00)  11/30/99          1.00        59,681.00        59,681.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,759,270.00)  12/30/98          1.00     3,759,270.00     3,759,270.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,916,206.00)   1/26/99          1.00     3,916,206.00     3,916,206.00     0.00
&&& UAL - LOAN ASSET            C999954274    (231,425.00)  10/25/99          1.00       231,425.00       231,425.00     0.00
&&& UAL - LOAN ASSET            C999954274    (100,820.00)    8/9/99          1.00       100,820.00       100,820.00     0.00
&&& UAL - LOAN ASSET            C999954274    (247,799.00)   9/15/99          1.00       247,799.00       247,799.00     0.00
&&& UAL - LOAN ASSET            C999954274     (32,556.00)   4/26/99          1.00        32,556.00        32,556.00     0.00
&&& UAL - LOAN ASSET            C999954274    (123,926.00)  10/26/99          1.00       123,926.00       123,926.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,898,541.00)   1/28/99          1.00     3,898,541.00     3,898,541.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,863.00)   8/11/99          1.00       101,863.00       101,863.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,323.00)   4/28/99          1.00        33,323.00        33,323.00     0.00
&&& UAL - LOAN ASSET            C999954274    (160,701.00)   8/13/99          1.00       160,701.00       160,701.00     0.00
&&& UAL - LOAN ASSET            C999954274     (61,873.00)    4/1/99          1.00        61,873.00        61,873.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,320,546.00)    1/7/99          1.00     4,320,546.00     4,320,546.00     0.00
&&& UAL - LOAN ASSET            C999954274    (152,846.00)   8/19/99          1.00       152,846.00       152,846.00     0.00
&&& UAL - LOAN ASSET            C999954274    (251,584.00)   9/28/99          1.00       251,584.00       251,584.00     0.00
&&& UAL - LOAN ASSET            C999954274     (35,976.00)    4/8/99          1.00        35,976.00        35,976.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,958,695.00)   2/22/99          1.00     3,958,695.00     3,958,695.00     0.00
&&& UAL - LOAN ASSET            C999954274    (224,685.00)  10/21/99          1.00       224,685.00       224,685.00     0.00
&&& UAL - LOAN ASSET            C999954274     (31,498.00)   4/12/99          1.00        31,498.00        31,498.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,910,024.00)   2/24/99          1.00     3,910,024.00     3,910,024.00     0.00
&&& UAL - LOAN ASSET            C999954274    (155,243.00)   8/25/99          1.00       155,243.00       155,243.00     0.00
&&& UAL - LOAN ASSET            C999954274    (176,615.00)   9/27/99          1.00       176,615.00       176,615.00     0.00
&&& UAL - LOAN ASSET            C999954274     (38,151.00)   4/13/99          1.00        38,151.00        38,151.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,097,745.00)   2/26/99          1.00     4,097,745.00     4,097,745.00     0.00
&&& UAL - LOAN ASSET            C999954274    (155,285.00)   8/27/99          1.00       155,285.00       155,285.00     0.00
&&& UAL - LOAN ASSET            C999954274     (31,014.00)   4/16/99          1.00        31,014.00        31,014.00     0.00
&&& UAL - LOAN ASSET            C999954274    (101,479.00)    8/3/99          1.00       101,479.00       101,479.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,592.00)   4/20/99          1.00        33,592.00        33,592.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,751,479.00)   1/22/99          1.00     3,751,479.00     3,751,479.00     0.00
&&& UAL - LOAN ASSET            C999954274    (100,794.00)    8/5/99          1.00       100,794.00       100,794.00     0.00
&&& UAL - LOAN ASSET            C999954274    (189,119.00)    6/2/99          1.00       189,119.00       189,119.00     0.00
</TABLE>



                                  Page 12 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                                          Current        Net
Security Description                           Shares/              Purchase  Sale                       Value on       Gain/
    / Asset ID                 Security ID    Par Value       Date    Price  Price        Cost       Transaction Date   Loss
===============================================================================================================================
<S>                             <C>         <C>             <C>        <C>    <C>      <C>              <C>              <C>
&&& UAL - LOAN ASSET            C999954274    (176,592.00)   9/24/99          1.00       176,592.00       176,592.00     0.00
&&& UAL - LOAN ASSET            C999954274    (312,261.00)   5/25/99          1.00       312,261.00       312,261.00     0.00
&&& UAL - LOAN ASSET            C999954274     (42,962.00)  11/12/99          1.00        42,962.00        42,962.00     0.00
&&& UAL - LOAN ASSET            C999954274    (192,829.00)    6/4/99          1.00       192,829.00       192,829.00     0.00
&&& UAL - LOAN ASSET            C999954274    (261,158.00)   5/13/99          1.00       261,158.00       261,158.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,665.00)  11/19/99          1.00        33,665.00        33,665.00     0.00
&&& UAL - LOAN ASSET            C999954274    (222,725.00)    6/8/99          1.00       222,725.00       222,725.00     0.00
&&& UAL - LOAN ASSET            C999954274    (125,334.00)   7/23/99          1.00       125,334.00       125,334.00     0.00
&&& UAL - LOAN ASSET            C999954274    (204,744.00)   5/17/99          1.00       204,744.00       204,744.00     0.00
&&& UAL - LOAN ASSET            C999954274    (222,196.00)  10/22/99          1.00       222,196.00       222,196.00     0.00
&&& UAL - LOAN ASSET            C999954274    (116,527.00)   7/27/99          1.00       116,527.00       116,527.00     0.00
&&& UAL - LOAN ASSET            C999954274    (321,697.00)   10/7/99          1.00       321,697.00       321,697.00     0.00
&&& UAL - LOAN ASSET            C999954274    (142,875.00)   6/14/99          1.00       142,875.00       142,875.00     0.00
&&& UAL - LOAN ASSET            C999954274    (253,247.00)   9/30/99          1.00       253,247.00       253,247.00     0.00
&&& UAL - LOAN ASSET            C999954274    (117,647.00)    7/2/99          1.00       117,647.00       117,647.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,050,111.00)   2/11/99          1.00     4,050,111.00     4,050,111.00     0.00
&&& UAL - LOAN ASSET            C999954274    (235,461.00)    7/7/99          1.00       235,461.00       235,461.00     0.00
&&& UAL - LOAN ASSET            C999954274  (4,059,638.00)   2/16/99          1.00     4,059,638.00     4,059,638.00     0.00
&&& UAL - LOAN ASSET            C999954274    (128,232.00)    7/9/99          1.00       128,232.00       128,232.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,907,370.00)   2/18/99          1.00     3,907,370.00     3,907,370.00     0.00
&&& UAL - LOAN ASSET            C999954274     (36,125.00)    5/3/99          1.00        36,125.00        36,125.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,333.00)   4/30/99          1.00        33,333.00        33,333.00     0.00
&&& UAL - LOAN ASSET            C999954274     (33,843.00)    5/5/99          1.00        33,843.00        33,843.00     0.00
&&& UAL - LOAN ASSET            C999954274    (243,330.00)    9/2/99          1.00       243,330.00       243,330.00     0.00
&&& UAL - LOAN ASSET            C999954274    (120,534.00)   6/28/99          1.00       120,534.00       120,534.00     0.00
&&& UAL - LOAN ASSET            C999954274    (128,326.00)    5/7/99          1.00       128,326.00       128,326.00     0.00
&&& UAL - LOAN ASSET            C999954274    (322,364.00)   8/31/99          1.00       322,364.00       322,364.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,713,439.00)  12/24/98          1.00     3,713,439.00     3,713,439.00     0.00
&&& UAL - LOAN ASSET            C999954274     (63,069.00)   4/22/99          1.00        63,069.00        63,069.00     0.00
&&& UAL - LOAN ASSET            C999954274    (176,540.00)   9/22/99          1.00       176,540.00       176,540.00     0.00
&&& UAL - LOAN ASSET            C999954274    (122,070.00)  12/22/98          1.00       122,070.00       122,070.00     0.00
&&& UAL - LOAN ASSET            C999954274  (3,886,930.00)  12/29/98          1.00     3,886,930.00     3,886,930.00     0.00
&&& UAL - LOAN ASSET            C999954274    (119,985.00)   12/2/98          1.00       119,985.00       119,985.00     0.00
&&& UAL - LOAN ASSET            C999954274    (111,148.00)   12/4/98          1.00       111,148.00       111,148.00     0.00
&&& UAL - LOAN ASSET            C999954274    (161,811.00)   8/17/99          1.00       161,811.00       161,811.00     0.00
&&& UAL - LOAN ASSET            C999954274    (112,726.00)   12/8/98          1.00       112,726.00       112,726.00     0.00
&&& UAL - LOAN ASSET            C999954274     (64,195.00)    4/6/99          1.00        64,195.00        64,195.00     0.00
&&& UAL - LOAN ASSET            C999954274     (47,502.00)  11/16/99          1.00        47,502.00        47,502.00     0.00
&&& UAL - LOAN ASSET            C999954274    (140,990.00)  12/10/98          1.00       140,990.00       140,990.00     0.00
&&& UAL - LOAN ASSET            C999954274    (218,048.00)   11/5/99          1.00       218,048.00       218,048.00     0.00
&&& UAL - LOAN ASSET            C999954274    (230,867.00)   8/23/99          1.00       230,867.00       230,867.00     0.00
&&& UAL - LOAN ASSET            C999954274    (156,032.00)  12/14/98          1.00       156,032.00       156,032.00     0.00
&&& UAL - LOAN ASSET            C999954274    (247,869.00)   9/17/99          1.00       247,869.00       247,869.00     0.00
</TABLE>



                                  Page 13 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
&&& UAL - LOAN ASSET                                            C999954274        (138,310.00)     12/16/98                    1.00
&&& UAL - LOAN ASSET                                            C999954274         (38,146.00)      4/14/99                    1.00
&&& UAL - LOAN ASSET                                            C999954274         (44,074.00)     12/18/98                    1.00
&&& UAL - LOAN ASSET                                            C999954274         (24,059.00)     10/29/99                    1.00
&&& UAL - LOAN ASSET                                            C999954274        (248,092.00)      10/4/99                    1.00
------------------------------------------------------------------------------------------------------------------------------------
Total Number of sales = 251
====================================================================================================================================
Total &&& UAL - LOAN ASSET
====================================================================================================================================
Value of Interest in Registered Investment Companies
====================================================================================================================================
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,139,326.06       12/1/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,036,095.44       12/1/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,090,870.71       12/3/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,861,101.35       12/4/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,288,264.03       12/7/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,557,954.20      12/11/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,069,397.51      12/14/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,846,849.14      12/15/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,237,367.07      12/17/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,423,031.59      12/28/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,706,419.71      12/31/98       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         126,083.08        1/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,044,426.38        1/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,105,653.51        1/7/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,923,409.83       1/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       6,902,918.22       1/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,113,143.67       1/14/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      10,122,500.01       1/15/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       8,094,568.81       1/22/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,598,186.17       1/25/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,303,986.40       1/26/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,445,829.70       1/28/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,716,626.17        2/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,014,554.52        2/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         834,968.52        2/2/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       8,267,929.90        2/5/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       6,421,190.68       2/10/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         912,976.53       2/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,641,316.39       2/16/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       7,157,054.37       2/17/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,621,734.69       2/25/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,032,058.95        3/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,779,750.25        3/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,573,176.05        3/3/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                 <C>                 <C>                       <C>
&&& UAL - LOAN ASSET                                                    138,310.00          138,310.00            0.00
&&& UAL - LOAN ASSET                                                     38,146.00           38,146.00            0.00
&&& UAL - LOAN ASSET                                                     44,074.00           44,074.00            0.00
&&& UAL - LOAN ASSET                                                     24,059.00           24,059.00            0.00
&&& UAL - LOAN ASSET                                                    248,092.00          248,092.00            0.00
--------------------------------------------------------------------------------------------------------------------------
Total Number of sales = 251                                         219,673,428.01      219,673,428.01            0.00
==========================================================================================================================
Total &&& UAL - LOAN ASSET                                          439,282,597.02      439,282,597.02            0.00
==========================================================================================================================
Value of Interest in Registered Investment Companies
==========================================================================================================================
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,139,326.06        4,139,326.06            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,036,095.44        2,036,095.44            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,090,870.71        3,090,870.71            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,861,101.35        5,861,101.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,288,264.03        1,288,264.03            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,557,954.20        5,557,954.20            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,069,397.51        2,069,397.51            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,846,849.14        3,846,849.14            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,237,367.07        5,237,367.07            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,423,031.59        4,423,031.59            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,706,419.71        4,706,419.71            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          126,083.08          126,083.08            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,044,426.38        2,044,426.38            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,105,653.51        2,105,653.51            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,923,409.83        4,923,409.83            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,902,918.22        6,902,918.22            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,113,143.67        4,113,143.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                       10,122,500.01       10,122,500.01            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,094,568.81        8,094,568.81            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,598,186.17        5,598,186.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,303,986.40        3,303,986.40            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,445,829.70        2,445,829.70            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,716,626.17        4,716,626.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,014,554.52        2,014,554.52            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          834,968.52          834,968.52            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,267,929.90        8,267,929.90            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,421,190.68        6,421,190.68            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          912,976.53          912,976.53            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,641,316.39        3,641,316.39            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,157,054.37        7,157,054.37            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,621,734.69        2,621,734.69            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,032,058.95        4,032,058.95            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,779,750.25        1,779,750.25            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,573,176.05        2,573,176.05            0.00
</TABLE>



                                  Page 14 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                 <C>           <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,295,586.67        3/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      11,758,916.47        3/8/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999          32,976.80       3/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,745,207.26       3/12/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       8,504,825.12       3/15/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         190,785.36       3/16/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,461,605.51       3/17/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,189,520.12       3/18/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      11,352,225.01       3/22/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,918,026.87       3/23/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,647,443.67       3/24/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999           6,465.49       3/25/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,045,966.76       3/29/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         607,368.42       3/30/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,911,655.29       3/31/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,015,136.90        4/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,317,743.65        4/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,835,666.79        4/5/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,469,087.37        4/7/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,813,414.93        4/8/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         989,762.25        4/9/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,347,781.69       4/12/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         884,446.98       4/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,446,443.20       4/15/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       8,297,713.04       4/16/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,542,460.41       4/19/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,082,726.14       4/20/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,734,152.79       4/26/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,079,719.21       4/27/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,391,012.35       4/28/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,391,005.70       4/29/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999          96,135.50       4/29/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,521,289.09       4/30/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,103,013.07        5/3/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,832,336.59        5/7/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         951,905.27       5/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,934,563.72       5/17/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,617,972.85       5/24/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,595,926.19       5/26/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         736,827.36       5/28/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,175,929.87        6/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,281,220.00        6/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,590,117.98        6/2/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                  <C>                 <C>                      <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,295,586.67        4,295,586.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                       11,758,916.47       11,758,916.47            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                           32,976.80           32,976.80            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,745,207.26        3,745,207.26            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,504,825.12        8,504,825.12            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          190,785.36          190,785.36            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,461,605.51        2,461,605.51            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,189,520.12        4,189,520.12            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                       11,352,225.01       11,352,225.01            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,918,026.87        3,918,026.87            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,647,443.67        5,647,443.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                            6,465.49            6,465.49            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,045,966.76        2,045,966.76            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          607,368.42          607,368.42            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,911,655.29        1,911,655.29            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,015,136.90        2,015,136.90            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,317,743.65        4,317,743.65            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,835,666.79        1,835,666.79            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,469,087.37        2,469,087.37            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,813,414.93        2,813,414.93            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          989,762.25          989,762.25            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,347,781.69        4,347,781.69            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          884,446.98          884,446.98            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,446,443.20        1,446,443.20            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,297,713.04        8,297,713.04            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,542,460.41        2,542,460.41            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,082,726.14        2,082,726.14            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,734,152.79        2,734,152.79            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,079,719.21        1,079,719.21            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,391,012.35        2,391,012.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,391,005.70        2,391,005.70            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                           96,135.50           96,135.50            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,521,289.09        2,521,289.09            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,103,013.07        2,103,013.07            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,832,336.59        2,832,336.59            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          951,905.27          951,905.27            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,934,563.72        5,934,563.72            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,617,972.85        1,617,972.85            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,595,926.19        1,595,926.19            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          736,827.36          736,827.36            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,175,929.87        2,175,929.87            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,281,220.00        3,281,220.00            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,590,117.98        1,590,117.98            0.00
</TABLE>



                                  Page 15 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>              <C>               <C>            <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,812,836.33        6/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,010,251.91        6/9/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,030,156.98       6/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,035,989.25       6/14/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,350,554.09       6/15/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,109,401.47       6/16/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         353,749.04       6/18/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,715,946.96       6/21/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       9,176,514.09       6/23/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,068,186.87        7/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,649,161.11        7/6/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,571,108.44        7/7/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         136,784.19       7/12/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         314,115.72       7/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,176,882.34       7/14/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         214,884.54       7/20/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,429,321.78       7/21/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,486,800.40       7/26/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,430,575.67       7/27/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,755,266.27       7/30/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,118,652.04        8/2/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,235,761.37        8/2/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         352,672.64        8/3/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,471,635.76        8/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,290,581.24        8/5/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       9,425,572.65        8/9/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,161,174.15       8/10/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,989,190.00       8/11/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,869,989.90       8/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         188,159.94       8/17/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         935,512.40       8/19/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,639,262.46       8/20/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,368,046.98       8/23/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,995,856.46       8/25/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       9,105,468.16       8/27/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       6,171,574.39       8/31/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,269,704.60        9/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,989,048.94        9/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,434,435.56        9/3/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,790,055.23        9/8/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,559,094.32        9/9/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,793,888.57       9/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,236,638.84       9/14/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                   <C>                 <C>                     <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,812,836.33        1,812,836.33            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,010,251.91        3,010,251.91            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,030,156.98        1,030,156.98            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,035,989.25        1,035,989.25            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,350,554.09        2,350,554.09            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,109,401.47        1,109,401.47            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          353,749.04          353,749.04            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,715,946.96        2,715,946.96            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        9,176,514.09        9,176,514.09            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,068,186.87        2,068,186.87            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,649,161.11        3,649,161.11            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,571,108.44        3,571,108.44            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          136,784.19          136,784.19            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          314,115.72          314,115.72            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,176,882.34        2,176,882.34            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          214,884.54          214,884.54            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,429,321.78        5,429,321.78            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,486,800.40        1,486,800.40            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,430,575.67        1,430,575.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,755,266.27        4,755,266.27            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,118,652.04        2,118,652.04            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,235,761.37        5,235,761.37            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          352,672.64          352,672.64            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,471,635.76        2,471,635.76            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,290,581.24        1,290,581.24            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        9,425,572.65        9,425,572.65            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,161,174.15        3,161,174.15            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,989,190.00        5,989,190.00            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,869,989.90        1,869,989.90            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          188,159.94          188,159.94            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          935,512.40          935,512.40            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,639,262.46        1,639,262.46            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,368,046.98        1,368,046.98            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,995,856.46        1,995,856.46            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        9,105,468.16        9,105,468.16            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,171,574.39        6,171,574.39            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,269,704.60        2,269,704.60            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,989,048.94        1,989,048.94            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,434,435.56        1,434,435.56            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,790,055.23        1,790,055.23            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,559,094.32        1,559,094.32            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,793,888.57        1,793,888.57            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,236,638.84        1,236,638.84            0.00
</TABLE>



                                  Page 16 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>              <C>               <C>            <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         854,347.57       9/16/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         690,101.55       9/17/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       5,354,989.68       9/23/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       7,629,288.61       9/24/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,771,046.58       9/27/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,328,909.01       10/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         194,523.23       10/4/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,631,004.15       10/8/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         681,052.44      10/12/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       7,548,153.11      10/13/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,631,438.55      10/14/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       3,817,556.71      10/19/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         244,838.96      10/20/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,031,760.11      10/26/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,059,943.43      10/27/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       2,402,874.52       11/1/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         470,679.03       11/3/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,505,537.14      11/10/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,499,617.15      11/23/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       1,236,328.14      11/29/99       1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999       4,213,823.88      11/30/99       1.00
------------------------------------------------------------------------------------------------------------------------------------
Total Number of purchases = 141
====================================================================================================================================
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,877,604.75)      12/2/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,108,934.31)      12/8/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (587,676.43)      12/9/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (722,922.58)     12/10/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,668,792.37)     12/16/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,466,357.76)     12/18/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,178,372.18)     12/21/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,488,954.50)     12/22/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (8,717,856.32)     12/23/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,121,840.93)     12/24/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (798,033.32)     12/29/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,381,437.93)     12/30/98                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,774,251.82)       1/5/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,852,516.26)       1/6/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (733,302.16)       1/8/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (931,516.35)      1/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (9,748,724.74)      1/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,327,216.32)      1/20/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999     (11,987,975.26)      1/21/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,426,414.19)      1/27/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (135,107.24)      1/29/99                    1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                 <C>                 <C>                       <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          854,347.57          854,347.57            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          690,101.55          690,101.55            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,354,989.68        5,354,989.68            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,629,288.61        7,629,288.61            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,771,046.58        1,771,046.58            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,328,909.01        2,328,909.01            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          194,523.23          194,523.23            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,631,004.15        1,631,004.15            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          681,052.44          681,052.44            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,548,153.11        7,548,153.11            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,631,438.55        2,631,438.55            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,817,556.71        3,817,556.71            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          244,838.96          244,838.96            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,031,760.11        2,031,760.11            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,059,943.43        1,059,943.43            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,402,874.52        2,402,874.52            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          470,679.03          470,679.03            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,505,537.14        1,505,537.14            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,499,617.15        4,499,617.15            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,236,328.14        1,236,328.14            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,213,823.88        4,213,823.88            0.00
--------------------------------------------------------------------------------------------------------------------------
Total Number of purchases = 141                                     431,773,082.92      431,773,082.92            0.00
==========================================================================================================================
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,877,604.75        7,877,604.75            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,108,934.31        5,108,934.31            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          587,676.43          587,676.43            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          722,922.58          722,922.58            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,668,792.37        1,668,792.37            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,466,357.76        3,466,357.76            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,178,372.18        3,178,372.18            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,488,954.50        2,488,954.50            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,717,856.32        8,717,856.32            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,121,840.93        2,121,840.93            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          798,033.32          798,033.32            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,381,437.93        1,381,437.93            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,774,251.82        4,774,251.82            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,852,516.26        2,852,516.26            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          733,302.16          733,302.16            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          931,516.35          931,516.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        9,748,724.74        9,748,724.74            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,327,216.32        4,327,216.32            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                       11,987,975.26       11,987,975.26            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,426,414.19        3,426,414.19            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          135,107.24          135,107.24            0.00
</TABLE>



                                  Page 17 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,780,888.80)       2/2/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,123,979.27)       2/4/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (185,015.33)       2/8/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (928,625.21)       2/9/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,400,549.54)      2/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,399,505.60)      2/18/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,459,687.77)      2/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,034,716.85)      2/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,976,473.53)      2/23/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (825,494.72)      2/24/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,567,860.02)      2/26/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (641,033.44)       3/2/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,776,354.75)       3/5/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,189,854.85)       3/9/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,786,662.99)      3/10/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,833,391.07)      3/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,702,346.80)      3/26/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,642,253.77)       4/6/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (549,383.56)      4/14/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,783,405.33)      4/21/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,233,942.48)      4/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,134,567.55)      4/23/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,391,012.35)      4/29/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (538,610.28)       5/3/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,774,950.19)       5/4/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (970,401.71)       5/5/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,782,963.40)       5/6/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,279,801.81)      5/10/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,548,505.47)      5/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         (35,399.69)      5/13/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,094,914.82)      5/14/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (318,236.91)      5/18/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,432,246.61)      5/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,613,426.16)      5/20/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (443,479.21)      5/21/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,118,407.89)      5/25/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (9,886,836.91)      5/27/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,172,615.65)       6/3/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (651,351.72)       6/7/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999     (12,351,941.91)       6/8/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,949,437.41)      6/10/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,733,374.64)      6/17/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,420,430.98)      6/22/99                    1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                   <C>                 <C>                     <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,780,888.80        1,780,888.80            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,123,979.27        5,123,979.27            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          185,015.33          185,015.33            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          928,625.21          928,625.21            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,400,549.54        6,400,549.54            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,399,505.60        2,399,505.60            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,459,687.77        1,459,687.77            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,034,716.85        1,034,716.85            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,976,473.53        3,976,473.53            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          825,494.72          825,494.72            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,567,860.02        3,567,860.02            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          641,033.44          641,033.44            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,776,354.75        3,776,354.75            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,189,854.85        4,189,854.85            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,786,662.99        1,786,662.99            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,833,391.07        4,833,391.07            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,702,346.80        7,702,346.80            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,642,253.77        2,642,253.77            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          549,383.56          549,383.56            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,783,405.33        2,783,405.33            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,233,942.48        6,233,942.48            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,134,567.55        1,134,567.55            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,391,012.35        2,391,012.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          538,610.28          538,610.28            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,774,950.19        1,774,950.19            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          970,401.71          970,401.71            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,782,963.40        5,782,963.40            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,279,801.81        2,279,801.81            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,548,505.47        1,548,505.47            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                           35,399.69           35,399.69            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,094,914.82        5,094,914.82            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          318,236.91          318,236.91            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,432,246.61        1,432,246.61            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,613,426.16        6,613,426.16            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          443,479.21          443,479.21            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,118,407.89        1,118,407.89            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        9,886,836.91        9,886,836.91            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,172,615.65        5,172,615.65            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          651,351.72          651,351.72            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                       12,351,941.91       12,351,941.91            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,949,437.41        3,949,437.41            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,733,374.64        2,733,374.64            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,420,430.98        3,420,430.98            0.00
</TABLE>



                                  Page 18 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,856,224.85)      6/24/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (144,901.17)      6/25/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (860,681.80)      6/28/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (8,440,700.17)      6/29/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,353,732.67)      6/30/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (621,742.69)       7/1/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,448,549.00)       7/2/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,306,849.57)       7/8/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,102,065.87)       7/9/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,159,739.57)      7/15/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,014,321.10)      7/16/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (631,891.07)      7/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,975,660.24)      7/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,899,108.86)      7/23/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,414,977.81)      7/28/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,202,061.55)      7/29/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (279,133.96)       8/6/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,469,868.72)      8/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,775,353.14)      8/16/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,328,977.62)      8/18/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (518,356.57)      8/24/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,187,397.30)      8/26/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (6,920,678.29)      8/30/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,090,960.30)       9/2/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,638,404.67)       9/7/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,807,417.77)      9/10/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999         (54,022.92)      9/15/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,917,719.35)      9/20/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,007,193.73)      9/21/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,718,049.36)      9/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,438,031.35)      9/28/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,626,323.75)      9/29/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,816,966.04)      9/30/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,667,240.80)      10/1/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (283,774.22)      10/5/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,069,744.17)      10/6/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (823,418.59)      10/7/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999          (2,042.84)     10/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,549,970.91)     10/15/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (375,576.49)     10/18/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,832,222.33)     10/21/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (270,200.31)     10/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,143,011.88)     10/25/99                    1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                   <C>                 <C>                     <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,856,224.85        5,856,224.85            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          144,901.17          144,901.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          860,681.80          860,681.80            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        8,440,700.17        8,440,700.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,353,732.67        2,353,732.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          621,742.69          621,742.69            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,448,549.00        2,448,549.00            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,306,849.57        1,306,849.57            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,102,065.87        6,102,065.87            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,159,739.57        2,159,739.57            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,014,321.10        3,014,321.10            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          631,891.07          631,891.07            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,975,660.24        5,975,660.24            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,899,108.86        1,899,108.86            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,414,977.81        6,414,977.81            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,202,061.55        7,202,061.55            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          279,133.96          279,133.96            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,469,868.72        4,469,868.72            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,775,353.14        2,775,353.14            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,328,977.62        1,328,977.62            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          518,356.57          518,356.57            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,187,397.30        4,187,397.30            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        6,920,678.29        6,920,678.29            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,090,960.30        2,090,960.30            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,638,404.67        2,638,404.67            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,807,417.77        2,807,417.77            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                           54,022.92           54,022.92            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,917,719.35        3,917,719.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,007,193.73        7,007,193.73            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,718,049.36        1,718,049.36            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,438,031.35        1,438,031.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,626,323.75        1,626,323.75            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,816,966.04        2,816,966.04            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,667,240.80        3,667,240.80            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          283,774.22          283,774.22            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,069,744.17        3,069,744.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          823,418.59          823,418.59            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                            2,042.84            2,042.84            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,549,970.91        1,549,970.91            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          375,576.49          375,576.49            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,832,222.33        7,832,222.33            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          270,200.31          270,200.31            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,143,011.88        1,143,011.88            0.00
</TABLE>



                                  Page 19 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,634,898.17)     10/28/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,187,781.12)     10/29/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,331,314.03)      11/1/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,238,244.30)      11/2/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (5,025,443.50)      11/4/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,082,431.35)      11/5/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (841,427.38)      11/8/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,722,272.75)      11/9/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,647,274.74)     11/12/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,956,846.16)     11/15/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (1,191,928.84)     11/16/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (4,074,243.46)     11/17/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (7,869,940.76)     11/18/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,854,718.04)     11/19/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999        (486,643.77)     11/22/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (3,973,924.66)     11/23/99                    1.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                  C782999999      (2,008,069.30)     11/26/99                    1.00
------------------------------------------------------------------------------------------------------------------------------------
Total number of sales = 124
====================================================================================================================================
Total MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV
====================================================================================================================================
MFO FRANK RUSSELL UAL STIF                                      C902989995          26,219.34       12/1/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         115,668.72       12/1/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         106,628.68       12/1/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       3,000,000.00      12/15/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       8,000,000.00      12/23/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       5,000,000.00      12/23/98       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          20,319.54        1/4/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         170,489.34        1/4/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          81,535.21        1/4/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       5,000,000.00       1/20/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      17,000,000.00       1/20/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       2,000,000.00       1/20/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      12,000,000.00       1/22/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          39,053.66        2/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         145,366.41        2/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          32,544.72        2/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          39,053.66       1/29/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         145,366.41       1/29/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          32,544.72       1/29/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          28,771.36        2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         (39,053.66)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         (39,053.66)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995        (145,366.41)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         128,109.84        2/3/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                   <C>                 <C>                     <C>
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,634,898.17        1,634,898.17            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,187,781.12        4,187,781.12            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,331,314.03        2,331,314.03            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,238,244.30        1,238,244.30            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        5,025,443.50        5,025,443.50            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,082,431.35        1,082,431.35            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          841,427.38          841,427.38            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,722,272.75        4,722,272.75            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,647,274.74        4,647,274.74            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,956,846.16        1,956,846.16            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        1,191,928.84        1,191,928.84            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        4,074,243.46        4,074,243.46            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        7,869,940.76        7,869,940.76            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,854,718.04        2,854,718.04            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                          486,643.77          486,643.77            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        3,973,924.66        3,973,924.66            0.00
MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                        2,008,069.30        2,008,069.30            0.00
--------------------------------------------------------------------------------------------------------------------------
Total number of sales = 124                                         380,672,814.37      380,672,814.37            0.00
==========================================================================================================================
Total MFO FRANK RUSSELL SHORT-TERM INVT FD FBOUAL-DV                812,445,897.29      812,445,897.29            0.00
==========================================================================================================================
MFO FRANK RUSSELL UAL STIF                                               26,219.34           26,219.34            0.00
MFO FRANK RUSSELL UAL STIF                                              115,668.72          115,668.72            0.00
MFO FRANK RUSSELL UAL STIF                                              106,628.68          106,628.68            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            8,000,000.00        8,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            5,000,000.00        5,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               20,319.54           20,319.54            0.00
MFO FRANK RUSSELL UAL STIF                                              170,489.34          170,489.34            0.00
MFO FRANK RUSSELL UAL STIF                                               81,535.21           81,535.21            0.00
MFO FRANK RUSSELL UAL STIF                                            5,000,000.00        5,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           17,000,000.00       17,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           12,000,000.00       12,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               39,053.66           39,053.66            0.00
MFO FRANK RUSSELL UAL STIF                                              145,366.41          145,366.41            0.00
MFO FRANK RUSSELL UAL STIF                                               32,544.72           32,544.72            0.00
MFO FRANK RUSSELL UAL STIF                                               39,053.66           39,053.66            0.00
MFO FRANK RUSSELL UAL STIF                                              145,366.41          145,366.41            0.00
MFO FRANK RUSSELL UAL STIF                                               32,544.72           32,544.72            0.00
MFO FRANK RUSSELL UAL STIF                                               28,771.36           28,771.36            0.00
MFO FRANK RUSSELL UAL STIF                                              (39,053.66)         (39,053.66)           0.00
MFO FRANK RUSSELL UAL STIF                                              (39,053.66)         (39,053.66)           0.00
MFO FRANK RUSSELL UAL STIF                                             (145,366.41)        (145,366.41)           0.00
MFO FRANK RUSSELL UAL STIF                                              128,109.84          128,109.84            0.00
</TABLE>



                                  Page 20 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL UAL STIF                                      C902989995        (145,366.41)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         (32,544.72)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         (32,544.72)       2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          60,083.59        2/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      10,000,000.00       2/11/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          25,395.83        3/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         130,195.13        3/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          27,613.76        3/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       9,000,000.00       3/16/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       4,000,000.00       3/30/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       8,000,000.00       3/30/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          34,810.18        4/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         123,258.77        4/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          27,115.73        4/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          36,334.20        5/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          85,930.54        5/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          30,258.47        5/3/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       6,800,000.00       5/13/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      20,600,000.00       5/13/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       5,500,000.00       5/13/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          51,687.74        6/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          63,619.66        6/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          41,431.39        6/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          61,825.79        7/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          74,538.43        7/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          35,643.74        7/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          65,334.74        8/2/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          51,419.52        8/2/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          30,464.12        8/2/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       8,000,000.00       8/12/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      18,000,000.00       8/19/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       8,000,000.00        9/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          55,299.58        9/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          64,715.77        9/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          55,615.35        9/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          38,193.49       10/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          68,510.19       10/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995         100,167.22       10/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       5,000,000.00       10/8/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       3,000,000.00       10/8/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       1,000,000.00       10/8/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       3,829,202.01      10/13/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,829,202.01)     10/14/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                  <C>                 <C>                      <C>
MFO FRANK RUSSELL UAL STIF                                             (145,366.41)        (145,366.41)           0.00
MFO FRANK RUSSELL UAL STIF                                              (32,544.72)         (32,544.72)           0.00
MFO FRANK RUSSELL UAL STIF                                              (32,544.72)         (32,544.72)           0.00
MFO FRANK RUSSELL UAL STIF                                               60,083.59           60,083.59            0.00
MFO FRANK RUSSELL UAL STIF                                           10,000,000.00       10,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               25,395.83           25,395.83            0.00
MFO FRANK RUSSELL UAL STIF                                              130,195.13          130,195.13            0.00
MFO FRANK RUSSELL UAL STIF                                               27,613.76           27,613.76            0.00
MFO FRANK RUSSELL UAL STIF                                            9,000,000.00        9,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            8,000,000.00        8,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               34,810.18           34,810.18            0.00
MFO FRANK RUSSELL UAL STIF                                              123,258.77          123,258.77            0.00
MFO FRANK RUSSELL UAL STIF                                               27,115.73           27,115.73            0.00
MFO FRANK RUSSELL UAL STIF                                               36,334.20           36,334.20            0.00
MFO FRANK RUSSELL UAL STIF                                               85,930.54           85,930.54            0.00
MFO FRANK RUSSELL UAL STIF                                               30,258.47           30,258.47            0.00
MFO FRANK RUSSELL UAL STIF                                            6,800,000.00        6,800,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           20,600,000.00       20,600,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            5,500,000.00        5,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               51,687.74           51,687.74            0.00
MFO FRANK RUSSELL UAL STIF                                               63,619.66           63,619.66            0.00
MFO FRANK RUSSELL UAL STIF                                               41,431.39           41,431.39            0.00
MFO FRANK RUSSELL UAL STIF                                               61,825.79           61,825.79            0.00
MFO FRANK RUSSELL UAL STIF                                               74,538.43           74,538.43            0.00
MFO FRANK RUSSELL UAL STIF                                               35,643.74           35,643.74            0.00
MFO FRANK RUSSELL UAL STIF                                               65,334.74           65,334.74            0.00
MFO FRANK RUSSELL UAL STIF                                               51,419.52           51,419.52            0.00
MFO FRANK RUSSELL UAL STIF                                               30,464.12           30,464.12            0.00
MFO FRANK RUSSELL UAL STIF                                            8,000,000.00        8,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           18,000,000.00       18,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            8,000,000.00        8,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                               55,299.58           55,299.58            0.00
MFO FRANK RUSSELL UAL STIF                                               64,715.77           64,715.77            0.00
MFO FRANK RUSSELL UAL STIF                                               55,615.35           55,615.35            0.00
MFO FRANK RUSSELL UAL STIF                                               38,193.49           38,193.49            0.00
MFO FRANK RUSSELL UAL STIF                                               68,510.19           68,510.19            0.00
MFO FRANK RUSSELL UAL STIF                                              100,167.22          100,167.22            0.00
MFO FRANK RUSSELL UAL STIF                                            5,000,000.00        5,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            1,000,000.00        1,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,829,202.01        3,829,202.01            0.00
MFO FRANK RUSSELL UAL STIF                                           (3,829,202.01)      (3,829,202.01)           0.00
</TABLE>



                                  Page 21 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL UAL STIF                                      C902989995          46,662.98       11/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          40,736.08       11/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995          85,398.37       11/1/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      20,000,000.00       11/8/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       6,000,000.00      11/17/99       1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995       4,000,000.00      11/17/99       1.00
------------------------------------------------------------------------------------------------------------------------------------
Total number of purchases = 73
====================================================================================================================================
MFO FRANK RUSSELL UAL STIF                                      C902989995      (1,000,000.00)      12/1/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      12/1/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (6,000,000.00)      12/4/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      12/4/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)     12/11/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)     12/15/98                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (5,000,000.00)       1/5/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (7,500,000.00)       1/7/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (1,100,000.00)      1/11/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (8,000,000.00)      1/12/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      1/12/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995     (10,000,000.00)      1/13/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (7,000,000.00)      1/15/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (6,000,000.00)      1/15/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,500,000.00)      1/25/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)       2/1/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)       2/4/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)       2/4/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (1,800,000.00)       2/5/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      2/18/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      2/18/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (1,500,000.00)      3/15/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,800,000.00)      3/15/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      3/19/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      3/22/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      3/22/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      3/25/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      3/31/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      4/14/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995     (10,000,000.00)      4/16/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      4/16/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      4/19/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (7,000,000.00)      4/29/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)       5/7/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      5/21/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (5,000,000.00)      6/11/99                    1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                 <C>                 <C>                       <C>
MFO FRANK RUSSELL UAL STIF                                               46,662.98           46,662.98            0.00
MFO FRANK RUSSELL UAL STIF                                               40,736.08           40,736.08            0.00
MFO FRANK RUSSELL UAL STIF                                               85,398.37           85,398.37            0.00
MFO FRANK RUSSELL UAL STIF                                           20,000,000.00       20,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            6,000,000.00        6,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
--------------------------------------------------------------------------------------------------------------------------
Total number of purchases = 73                                      191,190,002.39      191,190,002.39
==========================================================================================================================
MFO FRANK RUSSELL UAL STIF                                            1,000,000.00        1,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            6,000,000.00        6,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            5,000,000.00        5,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            7,500,000.00        7,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            1,100,000.00        1,100,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            8,000,000.00        8,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           10,000,000.00       10,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            7,000,000.00        7,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            6,000,000.00        6,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,500,000.00        3,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            1,800,000.00        1,800,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            1,500,000.00        1,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,800,000.00        3,800,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                           10,000,000.00       10,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            7,000,000.00        7,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            5,000,000.00        5,000,000.00            0.00
</TABLE>



                                  Page 22 of 37

<PAGE>


<TABLE>
<CAPTION>
                                                                                   Shares/                    Purchase        Sale
            Security Description / Asset ID                     Security ID       Par Value          Date       Price        Price
====================================================================================================================================
<S>                                                             <C>             <C>                <C>            <C>          <C>
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      6/21/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)      6/28/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)       8/9/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)       8/9/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)      8/11/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      8/11/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,500,000.00)      8/30/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (2,000,000.00)       9/2/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)       9/2/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)      9/24/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (6,000,000.00)      9/24/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,500,000.00)      9/24/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (4,000,000.00)     10/13/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)     10/14/99                    1.00
MFO FRANK RUSSELL UAL STIF                                      C902989995      (3,000,000.00)     10/19/99                    1.00
------------------------------------------------------------------------------------------------------------------------------------
Total number of sales = 51
====================================================================================================================================
Total MFO FRANK RUSSELL UAL STIF
====================================================================================================================================
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         204,789.07       12/1/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         427,343.79       12/1/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         189,674.42       12/2/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         189,674.42       12/2/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         189,674.42       12/2/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         448,668.17       12/3/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         577,733.07       12/4/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         206,873.47       12/7/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         328,653.32       12/8/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         213,727.85       12/9/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         298,504.45      12/10/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         425,747.88      12/11/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         108,383.47      12/14/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100          43,728.12      12/15/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         270,023.27      12/16/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         181,860.82      12/17/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         450,690.78      12/18/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         434,860.28      12/21/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         417,518.84      12/22/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         110,245.10      12/23/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         181,988.92      12/24/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100          98,023.42      12/28/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         188,812.31      12/29/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         231,827.39      12/30/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         127,747.67      12/31/98       1.00
MFO SCHWAB FAMILY FD MONEY MKT FD                               C808515100         356,320.37        1/4/99       1.00

<CAPTION>
                                                                                          Current
                                                                                          Value on                Net
            Security Description / Asset ID                             Cost          Transaction Date         Gain/Loss
==========================================================================================================================
<S>                                                                 <C>                 <C>                       <C>
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,500,000.00        3,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            2,000,000.00        2,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            6,000,000.00        6,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,500,000.00        4,500,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            4,000,000.00        4,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
MFO FRANK RUSSELL UAL STIF                                            3,000,000.00        3,000,000.00            0.00
--------------------------------------------------------------------------------------------------------------------------
Total number of sales = 51                                          195,200,000.00      195,200,000.00            0.00
==========================================================================================================================
Total MFO FRANK RUSSELL UAL STIF                                    386,390,002.39      386,390,002.39            0.00
==========================================================================================================================
MFO SCHWAB FAMILY FD MONEY MKT FD                                       204,789.07          204,789.07            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       427,343.79          427,343.79            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       189,674.42          189,674.42            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       189,674.42          189,674.42            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       189,674.42          189,674.42            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       448,668.17          448,668.17            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       577,733.07          577,733.07            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       206,873.47          206,873.47            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       328,653.32          328,653.32            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       213,727.85          213,727.85            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       298,504.45          298,504.45            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       425,747.88          425,747.88            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       108,383.47          108,383.47            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                        43,728.12           43,728.12            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       270,023.27          270,023.27            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       181,860.82          181,860.82            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       450,690.78          450,690.78            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       434,860.28          434,860.28            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       417,518.84          417,518.84            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       110,245.10          110,245.10            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                       181,988.92          181,988.92            0.00
MFO SCHWAB FAMILY FD MONEY MKT FD                                        98,023.42           98,023.42            0.00
MFO SCHWAB FAMILY FD MONEY