UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2001 Check here if Amendment [ ]; Amendment Number: _________ This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Intel Corporation 2200 Mission College Boulevard Santa Clara, CA 95052-8119 Form 13F File Number: 28-5160 Person Signing this Report on Behalf of Reporting Manager: Arvind Sodhani, Vice President and Treasurer (408) 765-1240 --------------------------------------------------------------- ATTENTION--Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) --------------------------------------------------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Signature, Place and Date of Signing: /S/Arvind Sodhani Santa Clara, California May 14, 2001 - ------------------- Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other manager(s).) Form 13F SUMMARY PAGE REPORTING MANAGER: INTEL CORPORATION Report Summary: Number of Other Included Managers: -3- Form 13F Information Table Entry Total: 594 Form 13F Information Table Value Total: $3,460,392 *Confidential Treatment Requested: Confidential information has been omitted from this Form 13F and filed separately with the Commission. List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. 1. HEWLETT PACKARD & CO. INC., File No: 28-2187 2. MORGAN STANLEY DEAN WITTER & CO., File No: 28-3432 3. INTEL PACIFIC, INC., File No: 28-6331 Note: items marked with "*" on Information Table reflect shares held in the Intel 64 Fund LLC, with Manager 1's and Manager 2's indirect pro rata interest reported separately. All fund investors participating in this investment (including Manager 1, Manager 2 and the Reporting Person) share investment discretion and voting authority over the combined shares shown as Shared- Other. Manager 1 and Manager 2 have informed the Reporting Person that they are required to file Forms 13F for fund holdings. The remaining fund investors have informed the reporting person that they are not separately required to file reports on Form 13F. 3/31/01 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION
ITEM 4: ITEM 5: FAIR SHARES ITEM 8: ITEM 2: ITEM 3: MARKET OR ITEM 6: VOTING AUTHORITY ITEM 1: TITLE OF CUSIP VALUE PRINCIPAL SH/ INVESTMENT ITEM 7: (A) (B) (C) NAME OF ISSUER CLASS NUMBER (000) AMOUNT PRN DISCRETION MANAGERS SOLE SHARED NONE 3DLABS INC., LTD. ORD 68846W103 262 218,163 SH SOLE 218,163 @COMM CORPORATION COM 00208K105 5,281 1,005,989 SH SOLE 1,005,989 ABBOTT LABS COM 002824100 18,840 399,234 SH SOLE 399,234 ADAPTEC INC COM 00651F108 221 25,500 SH SOLE 25,500 ADC TELECOMMUNICATIONS INC COM 000886101 1,706 200,700 SH SOLE 200,700 ADOBE SYS INC COM 00724F101 2,172 62,100 SH SOLE 62,100 ADVANCED MICRO DEVICES INC COM 007903107 2,146 80,858 SH SOLE 80,858 AES CORP COM 00130H105 6,325 126,600 SH SOLE 126,600 AETNA INC COM 00817Y108 1,334 37,145 SH SOLE 37,145 AFLAC INC COM 001055102 3,770 136,900 SH SOLE 136,900 AGENCY.COM LTD. COM 008447104 206 150,000 SH SOLE 150,000 AGILENT TECHNOLOGIES INC COM 00846U101 3,621 117,823 SH SOLE 117,823 AIR PRODS & CHEMS INC COM 009158106 2,269 59,100 SH SOLE 59,100 ALBERTO CULVER CO CL B CONV 013068101 579 14,600 SH SOLE 14,600 ALBERTSONS INC COM 013104104 3,361 105,641 SH SOLE 105,641 ALCAN INC COM 013716105 2,954 82,049 SH SOLE 82,049 ALCOA INC COM 013817101 8,027 223,292 SH SOLE 223,292 ALLEGHENY ENERGY INC COM 017361106 1,318 28,500 SH SOLE 28,500 ALLEGHENY TECHNOLOGIES INC COM 01741R102 362 20,764 SH SOLE 20,764 ALLERGAN INC COM 018490102 2,521 34,000 SH SOLE 34,000 ALLIED WASTE INDS INC PAR$.01 019589308 797 50,800 SH SOLE 50,800 NEW ALLSTATE CORP COM 020002101 7,917 188,760 SH SOLE 188,760 ALLTEL CORP COM 020039103 4,239 80,800 SH SOLE 80,800 ALTERA CORP COM 021441100 2,193 102,300 SH SOLE 102,300 ALZA CORP COM 022615108 2,475 61,100 SH SOLE 61,100 AMBAC FINANCIAL GROUP INC COM 023139108 1,725 27,200 SH SOLE 27,200 AMERADA HESS CORP COM 023551104 1,789 22,900 SH SOLE 22,900 AMEREN CORP COM 023608102 1,452 35,450 SH SOLE 35,450 AMERICAN ELEC PWR INC COM 025537101 3,907 83,132 SH SOLE 83,132 AMERICAN TOWER CORP CL A 029912201 301 16,276 SH SOLE 16,276 AMERICAN EXPRESS CO COM 025816109 14,178 343,284 SH SOLE 343,284 AMERICAN GEN CORP COM 026351106 4,964 129,776 SH SOLE 129,776 AMERICAN HOME PRODS CORP COM 026609107 19,871 338,236 SH SOLE 338,236 FAIR MARKET VALUE 132,821 AMERICAN INTL GROUP INC COM 026874107 48,374 600,919 SH SOLE 600,919 AMERICAN PWR CONVERSION CORP COM 029066107 648 50,300 SH SOLE 50,300 AMGEN INC COM 031162100 16,184 268,900 SH SOLE 268,900 AMR CORP COM 001765106 1,366 38,900 SH SOLE 38,900 AMSOUTH BANCORPORATION COM 032165102 1,629 96,900 SH SOLE 96,900 ANADARKO PETE CORP COM 032511107 4,029 64,176 SH SOLE 64,176 ANALOG DEVICES INC COM 032654105 3,367 92,900 SH SOLE 92,900 ANDREW CORP COM 034425108 302 21,025 SH SOLE 21,025 ANHEUSER BUSCH COS INC COM 035229103 10,693 232,800 SH SOLE 232,800 AOL TIME WARNER INC COM 00184A105 44,849 1,117,046 SH SOLE 1,117,046 AON CORP COM 037389103 2,346 66,090 SH SOLE 66,090 APACHE CORP COM 037411105 1,832 31,800 SH SOLE 31,800 APPLE COMPUTER INC COM 037833100 1,973 89,400 SH SOLE 89,400 APPLERA CORP-APPLIED BIOSYSTEM COM AP 038020103 1,512 54,500 SH SOLE 54,500 BIO GRP APPLIED MATLS INC COM 038222105 10,394 238,944 SH SOLE 238,944 APPLIED MICRO CIRCUITS CORP CD COM 03822W109 1,272 77,100 SH SOLE 77,100 ARCHER DANIELS MIDLAND CO COM 039483102 2,150 163,521 SH SOLE 163,521 ASHLAND INC COM 044204105 691 18,000 SH SOLE 18,000 ASIACONTENT.COM, LTD. COM G05354108 5,787 2,805,674 SH DEFINED 3 2,805,674 ASIAINFO HOLDINGS, INC. COM 04518A104 31,894 2,630,425 SH DEFINED 3 2,630,425 AT&T CORP COM 001957109 20,673 970,572 SH SOLE 970,572 AT ROAD, INC. COM 04648K105 256 576,922 SH SOLE 576,922 AUDIBLE, INC. COM 05069A104 890 918,750 SH SOLE 918,750 AUTODESK INC COM 052769106 6,951 227,450 SH SOLE 227,450 AUTOMATIC DATA PROCESSING INC COM 053015103 8,918 164,002 SH SOLE 164,002 AUTOZONE INC COM 053332102 821 29,300 SH SOLE 29,300 AVAYA INC COM 053499109 949 73,036 SH SOLE 73,036 AVERY DENNISON CORP COM 053611109 1,483 28,500 SH SOLE 28,500 AVON PRODS INC COM 054303102 2,456 61,414 SH SOLE 61,414 BACKWEB TECHNOLOGIES, LTD. ORD M15633106 793 507,247 SH SOLE 507,247 BAKER HUGHES INC COM 057224107 3,113 85,730 SH SOLE 85,730 FAIR MARKET VALUE 238,595 BANK NEW YORK INC COM 064057102 9,415 191,204 SH SOLE 191,204 BANK OF AMERICA CORP COM 060505104 23,004 420,163 SH SOLE 420,163 BANK ONE CORP COM 06423A103 10,797 298,438 SH SOLE 298,438 BARD C R INC COM 067383109 595 13,100 SH SOLE 13,100 BARRICK GOLD CORP COM 067901108 1,460 102,200 SH SOLE 102,200 BAUSCH & LOMB INC COM 071707103 630 13,800 SH SOLE 13,800 BAXTER INTL INC COM 071813109 7,152 75,970 SH SOLE 75,970 BB&T CORP COM 054937107 3,647 103,700 SH SOLE 103,700 BE, INC. COM 073309106 1,779 1,538,462 SH SOLE 1,538,462 BEAR STEARNS COS INC COM 073902108 1,261 27,561 SH SOLE 27,561 BECTON DICKINSON & CO COM 075887109 2,338 66,200 SH SOLE 66,200 BED BATH & BEYOND INC COM 075896100 1,813 73,800 SH SOLE 73,800 BELLSOUTH CORP COM 079860102 19,783 483,444 SH SOLE 483,444 BEMIS INC COM 081437105 457 13,800 SH SOLE 13,800 BEST BUY INC COM 086516101 1,931 53,700 SH SOLE 53,700 BIOGEN INC COM 090597105 2,419 38,200 SH SOLE 38,200 BIOMET INC COM 090613100 1,820 46,200 SH SOLE 46,200 BLACK & DECKER CORP COM 091797100 764 20,800 SH SOLE 20,800 BLOCK H & R INC COM 093671105 1,176 23,500 SH SOLE 23,500 BMC SOFTWARE INC COM 055921100 1,352 62,900 SH SOLE 62,900 BOEING CO COM 097023105 11,998 215,361 SH SOLE 215,361 BOISE CASCADE CORP COM 097383103 466 14,855 SH SOLE 14,855 BOSTON SCIENTIFIC CORP COM 101137107 2,111 104,604 SH SOLE 104,604 BREAKAWAY SOLUTIONS, INC. COM 106372105 423 1,231,222 SH SOLE 1,231,222 BRISTOL MYERS SQUIBB CO COM 110122108 29,984 504,784 SH SOLE 504,784 BROADBASE SOFTWARE, INC. COM 11130R100 969 462,166 SH SOLE 462,166 BROADVISION INC COM 111412102 371 69,500 SH SOLE 69,500 BROWN FORMAN CORP CL B CONV 115637209 1,090 17,600 SH SOLE 17,600 BRUNSWICK CORP COM 117043109 442 22,500 SH SOLE 22,500 BURLINGTON NORTH SANTA FE CORP COM 12189T104 3,077 101,273 SH SOLE 101,273 FAIR MARKET VALUE 144,524 BURLINGTON RES INC COM 122014103 2,492 55,680 SH SOLE 55,680 CABLETRON SYS INC COM 126920107 614 47,600 SH SOLE 47,600 CADENCE DESIGN SYSTEMS INC COM 127387108 460 24,901 SH SOLE 24,901 CALPINE CORP COM 131347106 4,009 72,800 SH SOLE 72,800 CAMPBELL SOUP CO COM 134429109 3,241 108,500 SH SOLE 108,500 CAPITAL ONE FINL CORP COM 14040H105 2,819 50,800 SH SOLE 50,800 CARDINAL HEALTH INC COM 14149Y108 7,005 72,400 SH SOLE 72,400 CARNIVAL CORP COM 143658102 4,178 151,000 SH SOLE 151,000 CATERPILLAR INC COM 149123101 3,938 88,744 SH SOLE 88,744 CENDANT CORP COM 151313103 2,897 198,536 SH SOLE 198,536 CENTEX CORP COM 152312104 637 15,300 SH SOLE 15,300 CENTURYTEL INC COM 156700106 1,044 36,300 SH SOLE 36,300 CERIDIAN CORP COM 15677T106 697 37,652 SH SOLE 37,652 CHARTER ONE FINL INC COM 160903100 1,519 53,660 SH SOLE 53,660 CHEVRON CORP COM 166751107 14,540 165,600 SH SOLE 165,600 CHIPPAC, INC. CL A 169657103 13,652 2,800,438 SH SOLE 2,800,438 CHIRON CORP COM 170040109 2,172 49,500 SH SOLE 49,500 CHUBB CORP COM 171232101 3,265 45,077 SH SOLE 45,077 CIGNA CORP COM 125509109 4,262 39,700 SH SOLE 39,700 CINCINNATI FINL CORP COM 172062101 1,574 41,500 SH SOLE 41,500 CINERGY CORP COM 172474108 1,376 41,000 SH SOLE 41,000 CINTAS CORP COM 172908105 1,715 43,500 SH SOLE 43,500 CIRCUIT CITY GROUP COM 172737108 563 53,100 SH SOLE 53,100 CISCO SYSTEMS INC COM 17275R102 31,895 2,017,106 SH SOLE 2,017,106 CISCO SYSTEMS INC COM 17275R102 175 11,048 SH DEFINED 11,048 CIT GROUP INC COM 125577106 1,952 67,600 SH SOLE 67,600 CITIGROUP INC COM 172967101 58,313 1,296,410 SH SOLE 1,296,410 CITIZENS COMMUNICATIONS CO COM 17453B101 864 68,300 SH SOLE 68,300 CITRIX SYS INC COM 177376100 1,012 47,900 SH SOLE 47,900 CLEAR CHANNEL COMMUNICATIONS COM 184502102 8,222 151,000 SH SOLE 151,000 CLOROX CO COM 189054109 1,915 60,900 SH SOLE 60,900 CMS ENERGY CORP COM 125896100 1,000 33,800 SH SOLE 33,800 COCA COLA CO COM 191216100 28,993 642,004 SH SOLE 642,004 FAIR MARKET VALUE 213,010 COCA COLA ENTERPRISES INC COM 191219104 1,918 107,900 SH SOLE 107,900 COLGATE PALMOLIVE CO COM 194162103 8,162 147,700 SH SOLE 147,700 COMCAST CORP CL A SPL 200300200 10,170 242,500 SH SOLE 242,500 COMERICA INC COM 200340107 2,815 45,767 SH SOLE 45,767 COMPAQ COMPUTER CORP COM 204493100 7,935 436,000 SH SOLE 436,000 COMPUTER ASSOC INTL INC COM 204912109 4,048 148,825 SH SOLE 148,825 COMPUTER SCIENCES CORP COM 205363104 1,407 43,500 SH SOLE 43,500 COMPUWARE CORP COM 205638109 925 94,900 SH SOLE 94,900 COMVERSE TECHNOLOGY INC COM PAR 205862402 2,526 42,900 SH SOLE 42,900 $0.10 CONAGRA FOODS INC COM 205887102 2,528 138,614 SH SOLE 138,614 CONEXANT SYSTEMS INC COM 207142100 1,681 188,054 SH SOLE 188,054 CONEXANT SYSTEMS, INC. COM 207142100 7,132 798,008 SH DEFINED 798,008 CONVERA CORP COM 211919105 134,000 14,949,384 SH SOLE 14,949,384 CONOCO INC COM 208251405 4,545 160,900 SH SOLE 160,900 CONSECO INC COM 208464107 1,352 83,945 SH SOLE 83,945 CONSOLIDATED EDISON INC COM 209115104 2,029 54,700 SH SOLE 54,700 CONSOLIDATED STORES CORP COM 210149100 290 28,900 SH SOLE 28,900 CONSTELLATION ENGY GRP INC COM 210371100 1,715 38,900 SH SOLE 38,900 CONVERGYS CORP COM 212485106 1,436 39,800 SH SOLE 39,800 COOPER INDS INC COM 216669101 806 24,100 SH SOLE 24,100 COOPER TIRE & RUBR CO COM 216831107 213 18,800 SH SOLE 18,800 COPPER MOUNTAIN NETWORKS, INC. COM 217510106 3,130 923,419 SH SOLE 923,419 CORNING INC COM 219350105 4,912 237,400 SH SOLE 237,400 COSTCO WHSL CORP COM 22160K105 4,537 115,600 SH SOLE 115,600 COUNTRYWIDE CR INDS INC COM 222372104 1,481 30,000 SH SOLE 30,000 COVAD COMMUNICATIONS GROUP, INC. COM 222814204 111 327,651 SH SOLE 327,651 CRANE CO COM 224399105 406 15,600 SH SOLE 15,600 CROSSROADS SYS, INC. COM 22765D100 8,303 1,476,147 SH SOLE 1,476,147 CROSSWORLDS SOFTWARE INC COM 22769P109 1,146 333,333 SH SOLE 333,333 CSX CORP COM 126408103 1,854 55,000 SH SOLE 55,000 CUMMINS ENGINE INC COM 231021106 402 10,700 SH SOLE 10,700 CVS CORP COM 126650100 5,919 101,200 SH SOLE 101,200 DANA CORP COM 235811106 656 38,210 SH SOLE 38,210 FAIR MARKET VALUE 230,490 DANAHER CORP COM 235851102 1,997 36,600 SH SOLE 36,600 DARDEN RESTAURANTS INC COM 237194105 736 31,000 SH SOLE 31,000 DEERE & CO COM 244199105 2,202 60,600 SH SOLE 60,600 DELL COMPUTER CORP COM 247025109 17,154 667,800 SH SOLE 667,800 DELPHI AUTOMOTIVE SYS CORP COM 247126105 2,047 144,475 SH SOLE 144,475 DELTA AIR LINES INC COM 247361108 1,252 31,700 SH SOLE 31,700 DELUXE CORP COM 248019101 445 18,800 SH SOLE 18,800 DEVON ENERGY CORP COM 25179M103 1,926 33,100 SH SOLE 33,100 DIGITAL ISLAND INC DEL COM 25385NAA9 1,121 618,556 SH SOLE 618,556 DILLARDS INC CL A 254067101 498 22,700 SH SOLE 22,700 DISNEY WALT CO COM 254687106 15,359 537,042 SH SOLE 537,042 DOLLAR GEN CORP COM 256669102 1,746 85,411 SH SOLE 85,411 DOMINION RES INC VA COM 25746U109 3,977 61,684 SH SOLE 61,684 DONNELLEY R R & SONS CO COM 257867101 826 31,500 SH SOLE 31,500 DOVER CORP COM 260003108 1,878 52,400 SH SOLE 52,400 DOW CHEM CO COM 260543103 7,304 231,359 SH SOLE 231,359 DOW JONES & CO INC COM 260561105 1,183 22,600 SH SOLE 22,600 DTE ENERGY CO COM 233331107 1,465 36,800 SH SOLE 36,800 DU PONT E I DE NEMOURS & CO COM 263534109 10,956 269,194 SH SOLE 269,194 DUKE ENERGY CORP COM 264399106 8,458 197,894 SH SOLE 197,894 DYNEGY INC CL A 26816Q101 4,244 83,200 SH SOLE 83,200 EASTMAN CHEM CO COM 277432100 977 19,846 SH SOLE 19,846 EASTMAN KODAK CO COM 277461109 3,089 77,431 SH SOLE 77,431 EATON CORP COM 278058102 1,206 17,600 SH SOLE 17,600 ECOLAB INC COM 278865100 1,387 32,700 SH SOLE 32,700 EDISON INTL COM 281020107 1,063 84,100 SH SOLE 84,100 EL SITIO INC ORD 630177102 309 260,000 SH DEFINED 260000 EL PASO CORP COM 28336L109 8,377 128,280 SH SOLE 128,280 ELECTRONIC DATA SYS CORP COM 285661104 6,742 120,700 SH SOLE 120,700 EMC CORP MASS COM 268648102 16,605 564,806 SH SOLE 564,806 EMERSON ELEC CO COM 291011104 6,860 110,700 SH SOLE 110,700 EMULEX CORP COM NEW 292475209 12,374 657,733 SH SOLE ENGAGE, INC. COM 292827102 22 31,242 SH SOLE 31,242 ENGELHARD CORP COM 292845104 853 33,000 SH SOLE 33,000 FAIR MARKET VALUE 146,638 ENRON CORP COM 293561106 11,194 192,672 SH SOLE 192,672 ENTERGY CORP COM 29364G103 2,185 57,500 SH SOLE 57,500 EOG RES INC COM 26875P101 1,241 30,100 SH SOLE 30,100 EQUIFAX INC COM 294429105 1,144 36,600 SH SOLE 36,600 ESOFT, INC. COM 296904105 667 666,666 SH SOLE 666,666 ETOYS, INC. COM 297862104 335 3,568,300 SH SOLE 3,568,300 EVOKE COMMUNICATIONS INC COM NEW 30048Q202 3,476 2,444,445 SH SOLE 2,444,445 EXELON CORP COM 30161N101 5,391 82,187 SH SOLE 82,187 EXXON MOBIL CORP COM 30231G102 72,678 897,259 SH SOLE 897,259 FANNIE MAE COM 313586109 20,696 260,000 SH SOLE 260,000 FEDERATED DEPT STORES INC COM 31410H101 2,132 51,302 SH SOLE 51,302 FEDEX CORP COM 31428X106 3,190 76,540 SH SOLE 76,540 FIFTH THIRD BANCORP COM 316773100 6,424 120,215 SH SOLE 120,215 FIRST DATA CORP COM 319963104 6,090 102,000 SH SOLE 102,000 FIRST UN CORP COM 337358105 8,343 252,806 SH SOLE 252,806 FIRSTENERGY CORP COM 337932107 1,625 58,200 SH SOLE 58,200 FLEET BOSTON FINL CORP COM 339030108 10,552 279,521 SH SOLE 279,521 FLUOR CORP COM 343412102 850 19,100 SH SOLE 19,100 FORD MTR CO COM PAR 345370860 13,457 478,543 SH SOLE 478,543 $0.01 FOREST LABS INC CL A 345838106 2,695 45,500 SH SOLE 45,500 FORTUNE BRANDS INC COM 349631101 1,372 39,876 SH SOLE 39,876 FPL GROUP INC COM 302571104 2,797 45,635 SH SOLE 45,635 FRANKLIN RES INC COM 354613101 2,464 63,000 SH SOLE 63,000 FREDDIE MAC CORP COM 313400301 11,633 179,432 SH SOLE 179,432 FREEPORT MCMORAN COPPER & GOLD CL A 35671D857 501 38,380 SH SOLE 38,380 GANNETT INC COM 364730101 4,067 68,100 SH SOLE 68,100 GAP INC COM 364760108 5,201 219,274 SH SOLE 219,274 GATEWAY INC COM 367626108 1,400 83,300 SH SOLE 83,300 GENERAL DYNAMICS CORP COM 369550108 3,225 51,400 SH SOLE 51,400 GENERAL ELEC CO COM 369604103 107,069 2,557,780 SH SOLE 2,557,780 GENERAL MLS INC COM 370334104 3,153 73,300 SH SOLE 73,300 GENERAL MTRS CORP COM 370442105 7,340 141,570 SH SOLE 141,570 FAIR MARKET VALUE 324,587 GENUINE PARTS CO COM 372460105 1,157 44,650 SH SOLE 44,650 GEORGIA PAC CORP COM 373298108 1,714 58,306 SH SOLE 58,306 GILAT COMMUNICATIONS LTD ORD M50876107 223 148,817 SH SOLE 148,817 GILLETTE CO COM 375766102 8,475 271,900 SH SOLE 271,900 GLOBAL CROSSING LTD COM G3921A100 3,084 228,595 SH SOLE 228,595 GLOBAL SPORTS INC COM 37937A107 410 131,144 SH SOLE 131,144 GLOBESPAN, INC. COM 379571102 295 13,466 SH DEFINED 13,466 GOLDEN WEST FINL CORP COM 381317106 2,648 40,800 SH SOLE 40,800 GOODRICH B F CO COM 382388106 1,017 26,500 SH SOLE 26,500 GOODYEAR TIRE & RUBR CO COM 382550101 975 40,900 SH SOLE 40,900 GPU INC COM 36225X100 1,020 31,400 SH SOLE 31,400 GRAINGER W W INC COM 384802104 819 24,200 SH SOLE 24,200 GREAT LAKES CHEM CORP COM 390568103 400 13,000 SH SOLE 13,000 GUIDANT CORP COM 401698105 3,577 79,500 SH SOLE 79,500 HALLIBURTON CO COM 406216101 4,195 114,150 SH SOLE 114,150 HARCOURT GEN INC COM 41163G101 1,052 18,900 SH SOLE 18,900 HARLEY DAVIDSON INC COM 412822108 2,968 78,200 SH SOLE 78,200 HARRAHS ENTMT INC COM 413619107 887 30,150 SH SOLE 30,150 HARTFORD FINL SVCS GROUP INC COM 416515104 3,595 60,936 SH SOLE 60,936 HASBRO INC COM 418056107 575 44,550 SH SOLE 44,550 HCA HEALTHCARE CO COM 404119109 5,745 142,650 SH SOLE 142,650 HEALTHSOUTH CORP COM 421924101 1,285 99,700 SH SOLE 99,700 HEARME COM 421903105 227 454,461 SH SOLE 454,461 HEINZ H J CO COM 423074103 3,610 89,800 SH SOLE 89,800 HERCULES INC COM 427056106 360 27,704 SH SOLE 27,704 HERSHEY FOODS CORP COM 427866108 2,433 35,100 SH SOLE 35,100 HEWLETT PACKARD CO COM 428236103 15,600 498,876 SH SOLE 498,876 HILTON HOTELS CORP COM 432848109 995 95,200 SH SOLE 95,200 HOME DEPOT INC COM 437076102 25,767 597,850 SH SOLE 597,850 HOMESTAKE MNG CO COM 437614100 358 68,004 SH SOLE 68,004 HONEYWELL INTL INC COM 438516106 8,398 205,844 SH SOLE 205,844 FAIR MARKET VALUE 103,864 HOUSEHOLD INTL INC COM 441815107 7,201 121,548 SH SOLE 121,548 HUMANA INC COM 444859102 458 43,700 SH SOLE 43,700 HUNTINGTON BANCSHARES INC COM 446150104 922 64,722 SH SOLE 64,722 I3 MOBILE, INC. COM 465713105 304 324,500 SH SOLE 324,500 IBEAM BROADCASTING CORP. COM 45073P101 10,072 10,396,810 SH SOLE 10,396,810 IBM CORP COM 459200101 43,550 452,796 SH SOLE 452,796 ILLINOIS TOOL WKS INC COM 452308109 4,434 78,000 SH SOLE 78,000 IMPSAT FIBER NETWORKS, INC. COM 45321T103 551 588,200 SH SOLE 588,200 IMS HEALTH INC COM 449934108 1,887 75,800 SH SOLE 75,800 INCO LTD COM 453258402 696 46,942 SH SOLE 46,942 INFOINTERACTIVE ORD 456918101 2,061 1,803,922 SH SOLE 1,803,922 INFOSPACE, INC. COM 45678T102 469 211,201 SH SOLE 211,201 INGERSOLL RAND CO COM 456866102 1,646 41,450 SH SOLE 41,450 INTEGRATED CIRCUIT SYSTEMS, INC. COM 45811K208 88,120 5,507,473 SH SOLE 5,507,473 INTEL CORP COM 458140100 40,360 1,533,872 SH SOLE 1,533,872 INTEGRATED TELECOM EXPRESS INC COM 45817U101 3,125 1,428,571 SH SOLE 1,428,571 INTERACTIVE INTELLIGENCE, INC. COM 45839M103 8,625 600,000 SH DEFINED 600,000 INTERNATIONAL PAPER CO COM 460146103 4,483 124,265 SH SOLE 124,265 INTERNET PICTURES CORP. COM 46059S101 188 1,205,440 SH SOLE 1,205,440 INTERPUBLIC GROUP COS INC COM 460690100 2,731 79,500 SH SOLE 79,500 INTERTRUST TECHNOLOGIES CORP COM 46113Q109 3,936 874,718 SH DEFINED 874,718 INTL FLAVORS & FRAGRANCES INC COM 459506101 557 25,243 SH SOLE 25,243 INTUIT COM 461202103 1,482 53,400 SH SOLE 53,400 IONA TECHNOLOGIES, PLC SPONSORED 46206P109 2,833 85,838 SH DEFINED 85,838 ADR ITT INDS INC IND COM 450911102 879 22,685 SH SOLE 22,685 ITXC CORP. COM 45069F109 17,156 3,000,000 SH SOLE 3,000,000 J P MORGAN CHASE & CO COM 46625H100 22,049 491,077 SH SOLE 491,077 JABIL CIRCUIT INC COM 466313103 1,064 49,200 SH SOLE 49,200 JDS UNIPHASE CORP COM 46612J101 16,230 880,245 SH SOLE 880,245 JEFFERSON PILOT CORP COM 475070108 1,811 26,675 SH SOLE 26,675 JOHNSON & JOHNSON COM 478160104 31,392 358,888 SH SOLE 358,888 JOHNSON CTLS INC COM 478366107 1,387 22,200 SH SOLE 22,200 FAIR MARKET VALUE 322,659 JUNO ONLINE SERVICES COM 482048105 877 779,900 SH SOLE 779,900 K MART CORP COM 482584109 1,173 124,773 SH SOLE 124,773 KB HOME COM 48666K109 371 11,374 SH SOLE 11,374 KELLOGG CO COM 487836108 2,829 104,678 SH SOLE 104,678 KERR MCGEE CORP COM 492386107 1,581 24,367 SH SOLE 24,367 KEYCORP COM 493267108 2,835 109,882 SH SOLE 109,882 KEYSPAN CORP COM 49337W100 1,327 34,800 SH SOLE 34,800 KIMBERLY CLARK CORP COM 494368103 9,347 137,800 SH SOLE 137,800 KINDER MORGAN INC KANS COM 49455P101 1,575 29,600 SH SOLE 29,600 KING PHARMACEUTICALS INC COM 495582108 1,773 43,500 SH SOLE 43,500 KLA TENCOR CORP COM 482480100 1,874 47,600 SH SOLE 47,600 KNIGHT RIDDER INC COM 499040103 1,020 19,000 SH SOLE 19,000 KOHLS CORP COM 500255104 5,281 85,600 SH SOLE 85,600 KROGER CO COM 501044101 5,449 211,300 SH SOLE 211,300 LASTMINUTE.COM PLC SPONSORED 518129101 3,556 1,103,542 SH SOLE 1,103,542 ADR LAUNCH MEDIA, INC. 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CL A 62873D105 821 571,108 SH SOLE 571,108 NCR CORP COM 62886E108 968 24,800 SH SOLE 24,800 NETWORK APPLIANCE INC COM 64120L104 1,394 82,900 SH SOLE 82,900 NEW YORK TIMES CO CL A 650111107 1,713 41,800 SH SOLE 41,800 NEWELL RUBBERMAID INC COM 651229106 1,823 68,806 SH SOLE 68,806 NEWMONT MINING CORP COM 651639106 800 49,614 SH SOLE 49,614 NEXTEL COMMUNICATIONS INC CL A 65332V103 2,828 196,700 SH SOLE 196,700 NIAGARA MOHAWK HLDGS INC COM 653520106 700 41,400 SH SOLE 41,400 NICOR INC COM 654086107 440 11,800 SH SOLE 11,800 NIKE INC COM 654106103 2,822 69,600 SH SOLE 69,600 NISOURCE INC COM 65473P105 1,637 52,600 SH SOLE 52,600 NOBLE DRILLING CORP COM 655042109 1,602 34,700 SH SOLE 34,700 NORDSTROM INC WASH COM 655664100 563 34,600 SH SOLE 34,600 NORFOLK SOUTHN CORP COM 655844108 1,661 99,224 SH SOLE 99,224 NORTEL NETWORKS CORP COM 656568102 11,540 821,336 SH SOLE 821,336 NORTHERN TR CORP COM 665859104 3,581 57,300 SH SOLE 57,300 NORTHROP GRUMMAN CORP COM 666807102 1,628 18,709 SH SOLE 18,709 NOVA MEASURING INSTRUMENTS, LTD. COM M7516K103 7,150 1,299,948 SH SOLE 1,299,948 NOVATEL WIRELESS, INC. COM 66987M109 897 434,782 SH SOLE 434,782 NOVELL INC COM 670006105 410 81,995 SH SOLE 81,995 NOVELLUS SYS INC COM 670008101 1,472 36,300 SH SOLE 36,300 NUANCE COMMUNICATIONS CORP. COM 669967101 2,586 257,589 SH SOLE 257,589 FAIR MARKET VALUE 81,926 NUCOR CORP COM 670346105 805 20,100 SH SOLE 20,100 NUMERICAL TECHNOLOGIES, INC. COM 67053T101 5,284 535,100 SH SOLE 535,100 OCCIDENTAL PETE CORP COM 674599105 2,361 95,400 SH SOLE 95,400 OFFICE DEPOT INC COM 676220106 674 77,000 SH SOLE 77,000 OLD KENT FINL CORP COM 679833103 1,359 35,755 SH SOLE 35,755 OMNICOM GROUP INC COM 681919106 3,788 45,700 SH SOLE 45,700 OPENWAVE SYSTEMS INC. COM 71920Q100 4,502 226,924 SH SOLE 226,924 OPENWAVE SYSTEMS INC. COM 71920Q100 202 10,181 SH DEFINED 10,181 ORACLE CORPORATION COM 68389X105 21,601 1,441,984 SH SOLE 1,441,984 PACCAR INC COM 693718108 887 19,800 SH SOLE 19,800 PACTIV CORP COM 695257105 496 40,830 SH SOLE 40,830 PALL CORP COM 696429307 693 31,600 SH SOLE 31,600 PALM INC COM 696642107 1,230 146,267 SH SOLE 146,267 PANJA, INC. COM 698493103 1,217 423,212 SH SOLE 423,212 PARAMETRIC TECHNOLOGY CORP COM 699173100 623 68,700 SH SOLE 68,700 PARKER HANNIFIN CORP COM 701094104 1,198 30,150 SH SOLE 30,150 PAYCHEX INC COM 704326107 3,568 96,275 SH SOLE 96,275 PENNEY J C INC COM 708160106 1,082 67,678 SH SOLE 67,678 PEOPLESOFT INC COM 712713106 1,727 73,700 SH SOLE 73,700 PEPSICO INC COM 713448108 16,377 372,622 SH SOLE 372,622 PERKINELMER INC COM 714046109 674 12,848 SH SOLE 12,848 PERSISTENCE SOFTWARE, INC. COM 715329108 651 651,048 SH SOLE 651,048 PFIZER INC COM STK USD0.05 COM 717081103 66,690 1,628,570 SH SOLE 1,628,570 PG&E CORP COM 69331C108 1,237 99,898 SH SOLE 99,898 PHARMACIA CORP COM 71713U102 16,770 332,929 SH SOLE 332,929 PHELPS DODGE CORP COM 717265102 816 20,318 SH SOLE 20,318 PHILIP MORRIS COS INC COM 718154107 27,237 574,009 SH SOLE 574,009 PHILLIPS PETE CO COM 718507106 3,628 65,900 SH SOLE 65,900 PICTURETEL CORPORATION COM 720035302 10,450 3,800,000 SH SOLE 3,800,000 PINNACLE SYSTEMS COM 723481107 875 103,742 SH SOLE 103,742 PINNACLE WEST CAP CORP COM 723484101 1,000 21,800 SH SOLE 21,800 FAIR MARKET VALUE 199,702 PITNEY BOWES INC COM 724479100 2,262 65,100 SH SOLE 65,100 PIXELWORKS INC. COM 72581M107 2,942 294,236 SH SOLE 294,236 PLACER DOME INC COM 725906101 732 84,600 SH SOLE 84,600 PNC FINANCIAL SERVICES GROUP COM 693475105 5,068 74,800 SH SOLE 74,800 POWER-ONE INC COM 739308104 293 20,200 SH SOLE 20,200 PPG INDS INC COM 693506107 2,004 43,472 SH SOLE 43,472 PPL CORP COM 69351T106 1,649 37,500 SH SOLE 37,500 PRAXAIR INC COM 74005P104 1,830 40,978 SH SOLE 40,978 PREVIEW SYSTEMS, INC. COM 741379101 766 281,599 SH SOLE 281,599 PRICE T ROWE GROUP INC COM 74144T108 980 31,300 SH SOLE 31,300 PROCTER & GAMBLE CO COM 742718109 21,008 335,590 SH SOLE 335,590 PROGRESS ENERGY INC COM 743263105 2,286 53,076 SH SOLE 53,076 PROGRESSIVE CORP OHIO COM 743315103 1,844 19,000 SH SOLE 19,000 PROVIDIAN FINL CORP COM 74406A102 3,620 73,800 SH SOLE 73,800 PROXICOM, INC. COM 744282104 73 25,000 SH SOLE 25,000 PROXIM, INC. COM 744284100 6,440 640,000 SH SOLE 640,000 PUBLIC SVC ENTERPRISE GROUP INC COM 744573106 2,389 55,344 SH SOLE 55,344 PULTTE CORP COM 745867101 424 10,500 SH SOLE 10,500 QLOGIC CORP COM 747277101 3,859 171,500 SH SOLE 171,500 QUAKER OATS CO COM 747402105 3,338 34,100 SH SOLE 34,100 QUALCOMM INC COM 747525103 11,014 194,500 SH SOLE 194,500 QUINTILES TRANSNATIONAL CORP COM 748767100 562 29,800 SH SOLE 29,800 QUOKKA SPORTS, INC. COM 749077103 262 4,184,638 SH SOLE 4,184,638 QWEST COMMUNICATIONS INTL INC COM 749121109 14,983 427,487 SH SOLE 427,487 RADIO SHACK CORP COM 750438103 1,761 48,000 SH SOLE 48,000 RADISYS CORP. COM 750459109 24,493 1,440,779 SH SOLE 1,440,779 RALSTON PURINA CO-RALSTON COM RAL- 751277302 2,489 79,900 SH SOLE 79,900 PUR GP RAVISENT TECHNOLOGIES, INC. COM 754440105 1,099 549,650 SH SOLE 549,650 RAYTHEON CO CL B 755111408 2,587 88,056 SH SOLE 88,056 RED HAT SOFTWARE, INC. COM 756577102 38,452 6,313,995 SH SOLE 6,313,995 FAIR MARKET VALUE 161,509 REEBOK INTL LTD COM 758110100 368 14,800 SH SOLE 14,800 REGIONS FINL CORP COM 758940100 1,627 57,200 SH SOLE 57,200 RELIANT ENERGY INC COM 75952J108 3,441 76,045 SH SOLE 76,045 RESEARCH IN MOTION LIMITED COM 760975102 15,292 696,058 SH SOLE 696,058 ROBERT HALF INTL INC COM 770323103 1,024 45,800 SH SOLE 45,800 ROCKWELL INTL CORP COM 773903109 1,712 47,100 SH SOLE 47,100 ROGUE WAVE SOFTWARE, INC. COM 775369101 500 122,841 SH OTHER* 122,841 ROHM & HAAS CO COM 775371107 1,747 56,705 SH SOLE 56,705 ROWAN COS INC COM 779382100 668 24,300 SH SOLE 24,300 ROYAL DUTCH PETE CO N Y REGISTRY 780257804 30,560 551,220 SH SOLE 551,220 SH PAR N GLDR 1.25 RYDER SYS INC COM 783549108 279 15,500 SH SOLE 15,500 SABRE GROUP HLDGS INC CL A 785905100 1,573 34,063 SH SOLE 34,063 SAFECO CORP COM 786429100 930 33,000 SH SOLE 33,000 SAFEWAY INC COM 786514208 7,136 129,400 SH SOLE 129,400 SANMINA CORP COM 800907107 1,547 79,100 SH SOLE 79,100 SAPIENT CORP COM 803062108 225 31,300 SH SOLE 31,300 SARA LEE CORP COM 803111103 4,607 213,500 SH SOLE 213,500 SBC COMMUNICATIONS INC COM 78387G103 38,996 873,756 SH SOLE 873,756 SCHERING PLOUGH CORP COM 806605101 13,784 377,340 SH SOLE 377,340 SCHLUMBERGER LTD COM 806857108 8,515 147,800 SH SOLE 147,800 SCHWAB CHARLES CORP COM 808513105 5,507 357,150 SH SOLE 357,150 SCIENTIFIC ATLANTA INC COM 808655104 1,734 41,700 SH SOLE 41,700 SEALED AIR CORP COM 81211K100 719 21,562 SH SOLE 21,562 SEARS ROEBUCK & CO COM 812387108 3,044 86,300 SH SOLE 86,300 SELECTICA, INC. COM 816288104 296 57,000 SH SOLE 57,000 SELECTICA, INC. COM 816288104 1,304 250,860 SH DEFINED 250,860 SELECTICA, INC. COM 816288104 248 47,770 SH OTHER* 1 47,770 SELECTICA, INC. COM 816288104 658 126,592 SH OTHER* 2 126592 SELECTICA, INC. COM 816288104 1,987 382,164 SH OTHER* 382,164 SEMPRA ENERGY COM 816851109 1,229 52,772 SH SOLE 52,772 SHERWIN WILLIAMS CO COM 824348106 1,057 41,500 SH SOLE 41,500 FAIR MARKET VALUE 152,314 SIEBEL SYS INC COM 826170102 3,014 110,800 SH SOLE 110,800 SIGMA ALDRICH CORP COM 826552101 953 19,900 SH SOLE 19,900 SIGNALSOFT CORP COM 82668M102 3,991 506,757 SH SOLE 506,757 SILICON IMAGE INC COM 82705T102 6,321 1,714,286 SH SOLE 1,714,286 SILICON VALLEY GROUP, INC. COM 827066101 13,697 498,100 SH SOLE 498,100 SILVERSTREAM SOFTWARE, INC. COM 827907106 2,851 301,054 SH SOLE 301,054 SILVERSTREAM SOFTWARE, INC. COM 827907106 428 45,179 SH DEFINED 45,179 SMARTERKIDS.COM, INC. COM 83169C106 1,009 1,196,362 SH SOLE 1,196,362 SNAP ON INC COM 833034101 437 15,000 SH SOLE 15,000 SOHU.COM INC COM 83408W103 3,512 3,073,750 SH SOLE 3,073,750 SOLECTRON CORP COM 834182107 3,169 166,700 SH SOLE 166,700 SOUTHERN CO COM 842587107 6,123 174,500 SH SOLE 174,500 SOUTHTRUST CORP COM 844730101 1,999 43,700 SH SOLE 43,700 SOUTHWEST AIRLS CO COM 844741108 3,472 195,614 SH SOLE 195,614 SPEECHWORKS INTERNATIONAL, INC. COM 84764M101 174 26,587 SH OTHER* 1 26,587 SPEECHWORKS INTERNATIONAL, INC. COM 84764M101 462 70,455 SH OTHER* 2 70,455 SPEECHWORKS INTERNATIONAL, INC. COM 84764M101 1,850 281,882 SH SOLE SPEECHWORKS INTERNATIONAL, INC. COM 84764M101 1,570 239,280 SH OTHER* 239,280 SPRINT CORP (FON GROUP) COM FON 852061100 5,020 228,296 SH SOLE 228,296 GROUP SPRINT CORP PCS COM SER 1 PCS COM 852061506 4,572 240,648 SH SOLE 240,648 SER 1 ST JUDE MED INC COM 790849103 1,184 21,988 SH SOLE 21,988 ST PAUL COS INC COM 792860108 2,478 56,246 SH SOLE 56,246 STANDARD MICROSYSTEMS CORP. COM 853626109 23,234 1,542,506 SH SOLE 1,542,506 STAMPS.COM INC COM 852857101 1,489 496,274 SH SOLE 496,274 STANLEY WKS COM 854616109 733 22,240 SH SOLE 22,240 STAPLES INC COM 855030102 1,740 116,950 SH SOLE 116,950 STARBUCKS CORP COM 855244109 2,075 48,900 SH SOLE 48,900 STARWOOD HOTELS & RESORTS COM 85590A203 1,694 49,800 SH SOLE 49,800 STATE STREET CORP COM 857477103 3,895 41,700 SH SOLE 41,700 STILWELL FINL INC COM 860831106 1,539 57,400 SH SOLE 57,400 STRYKER CORP COM 863667101 2,639 50,500 SH SOLE 50,500 STYLECLICK.COM, INC. COM 864221106 400 376,218 SH SOLE 376,218 SUN MICROSYSTEMS INC COM 866810104 12,933 841,464 SH SOLE 841,464 SUNOCO INC COM 86764P109 708 21,845 SH SOLE 21,845 SUNTRUST BKS INC COM 867914103 4,954 76,450 SH SOLE 76,450 SUPERVALU INC COM 868536103 456 34,200 SH SOLE 34,200 FAIR MARKET VALUE 126,775 SYMBOL TECHNOLOGIES INC COM 871508107 75,284 2,157,134 SH SOLE 2,157,134 SYNOVUS FINL CORP COM 87161C105 2,003 74,200 SH SOLE 74,200 SYSCO CORP COM 871829107 4,626 174,500 SH SOLE 174,500 TARGET CORP COM 87612E106 8,342 231,200 SH SOLE 231,200 TEKTRONIX INC COM 879131100 664 24,334 SH SOLE 24,334 TELLABS INC COM 879664100 4,313 106,000 SH SOLE 106,000 TEMPLE INLAND INC COM 879868107 562 12,700 SH SOLE 12,700 TENET HEALTHCARE CORP COM 88033G100 3,646 82,857 SH SOLE 82,857 TERADYNE INC COM 880770102 1,485 45,000 SH SOLE 45,000 TERAYON COMMUNICATION SYSTEMS COM 880775101 403 88,428 SH DEFINED 88,428 TEXACO INC COM 881694103 9,429 142,000 SH SOLE 142,000 TEXAS INSTRS INC COM 882508104 13,870 447,700 SH SOLE 447,700 TEXTRON INC COM 883203101 2,086 36,700 SH SOLE 36,700 THERMO ELECTRON CORP COM 883556102 1,045 46,500 SH SOLE 46,500 THESTREET.COM COM 88368Q103 460 147,059 SH SOLE 147,059 THOMAS & BETTS CORP COM 884315102 260 15,000 SH SOLE 15,000 TIFFANY & CO COM 886547108 1,025 37,600 SH SOLE 37,600 TIMKEN CO COM 887389104 243 15,500 SH SOLE 15,500 TJX COS INC COM 872540109 2,310 72,200 SH SOLE 72,200 TORCHMARK CORP COM 891027104 1,266 32,600 SH SOLE 32,600 TOSCO CORP COM 891490302 1,599 37,400 SH SOLE 37,400 TOYS R US INC COM 892335100 1,278 50,900 SH SOLE 50,900 TRANSOCEAN SEDCO FOREX INC COM G90078109 3,541 81,686 SH SOLE 81,686 TRIBUNE CO COM 896047107 3,181 78,073 SH SOLE 78,073 TRICON GLOBAL RESTAURANTS INC COM 895953107 1,445 37,832 SH SOLE 37,832 TRW INC COM 872649108 1,091 32,100 SH SOLE 32,100 TUPPERWARE CORP COM 899896104 354 14,850 SH SOLE 14,850 TUT SYSTEMS INC COM 901103101 97 31,085 SH SOLE 31,085 TXU CORP COM 873168108 2,753 66,617 SH SOLE 66,617 TYCO INTL LTD COM 902124106 19,555 452,344 SH SOLE 452,344 UNILEVER N V NEW YORK N Y SHS 904784709 7,766 147,539 SH SOLE 147,539 NEW UNION PAC CORP COM 907818108 3,600 64,000 SH SOLE 64,000 UNION PLANTERS CORP TENN COM 908068109 1,382 35,900 SH SOLE 35,900 FAIR MARKET VALUE 180,964 UNISYS CORP COM 909214108 1,140 81,400 SH SOLE 81,400 UNITED HEALTH GROUP INC COM 91324P102 4,895 82,596 SH SOLE 82,596 UNITED TECHNOLOGIES CORP COM 913017109 8,906 121,500 SH SOLE 121,500 UNIVISION COMMUNICATIONS INC COM 914906102 2,034 53,300 SH SOLE 53,300 UNOCAL CORP COM 915289102 2,168 62,700 SH SOLE 62,700 UNUMPROVIDENT CORP COM 91529Y106 1,817 62,176 SH SOLE 62,176 US AIRWAYS GROUP INC COM 911905107 613 17,300 SH SOLE 17,300 US BANCORP COM 902973304 11,542 497,479 SH SOLE 497,479 USA ED INC COM 90390U102 3,080 42,400 SH SOLE 42,400 UST INC COM 902911106 1,265 42,093 SH SOLE 42,093 U.S. INTERACTIVE, INC. COM 90334M109 141 250,000 SH SOLE 250,000 USX MARATHON GROUP COM 902905827 2,159 80,100 SH SOLE 80,100 USX U S STL GROUP COM 90337T101 338 23,000 SH SOLE 23,000 UTSTARCOM, INC. COM 918076100 10,228 615,210 SH DEFINED 3 615,210 V F CORP COM 918204108 1,026 29,300 SH SOLE 29,300 VALICERT, INC. COM 91915Q105 1,672 694,937 SH SOLE 694,937 VERITAS SOFTWARE CO COM 923436109 4,877 105,480 SH SOLE 105,480 VERIZON COMMUNICATIONS COM 92343V104 34,387 697,503 SH SOLE 697,503 VIACOM INC COM 925524308 19,798 450,270 SH SOLE 450,270 VISTEON CORP COM 92839U107 508 33,808 SH SOLE 33,808 VITESSE SEMICONDUCTOR CORP COM 928497106 1,167 49,000 SH SOLE 49,000 VTEL CORP. COM 918333105 1,429 1,632,846 SH SOLE 1,632,846 VULCAN MATLS CO COM 929160109 1,218 26,000 SH SOLE 26,000 WACHOVIA CORP COM 929771103 3,260 54,100 SH SOLE 54,100 WAL MART STORES INC COM 931142103 58,225 1,152,966 SH SOLE 1,152,966 WALGREEN CO COM 931422109 10,698 262,200 SH SOLE 262,200 WASHINGTON MUTUAL INC COM 939322103 8,223 150,190 SH SOLE 150,190 WASTE MGMT INC COM 94106L109 3,964 160,471 SH SOLE 160,471 WATSON PHARMACEUTICALS INC COM 942683103 1,394 26,500 SH SOLE 26,500 WEBMD CORP COM 94769M105 2,674 480,753 SH SOLE 480,753 WELLPOINT HEALTH NETWORK INC COM 94973H108 1,534 16,100 SH SOLE 16,100 WELLS FARGO & CO COM 949746101 21,825 441,174 SH SOLE 441,174 FAIR MARKET VALUE 228,205 WENDYS INTL INC COM 950590109 654 29,285 SH SOLE 29,285 WESTVACO CORP COM 961548104 629 25,950 SH SOLE 25,950 WEYERHAEUSER CO COM 962166104 2,843 55,970 SH SOLE 55,970 WHIRLPOOL CORP COM 963320106 860 17,200 SH SOLE 17,200 WILLAMETTE INDS INC COM 969133107 1,297 28,200 SH SOLE 28,200 WILLIAMS COMMUNICATIONS GROUP, CL A 969455104 83,026 9,225,093 SH SOLE 9,225,093 INC. WILLIAMS COS INC COM 969457100 5,343 124,692 SH SOLE 124,692 WINDRIVER SYSTEMS INC COM 973149107 299 12,843 SH SOLE 12,843 WINN DIXIE STORES INC COM 974280109 1,030 36,300 SH SOLE 36,300 WORLDCOM INC GA COM 98157D106 13,888 743,168 SH SOLE 743,168 WORTHINGTON INDS INC COM 981811102 206 22,100 SH SOLE 22,100 WRIGLEY WM JR CO COM 982526105 2,813 58,300 SH SOLE 58,300 XCEL ENERGY INC COM 98389B100 2,647 87,905 SH SOLE 87,905 XEROX CORP COM 984121103 1,032 172,300 SH SOLE 172,300 XILINX INC COM 983919101 4,720 134,388 SH SOLE 49,188 YAHOO INC COM 984332106 2,271 144,200 SH SOLE 144,200 FAIR MARKET VALUE 123,558 FAIR MARKET VALUE GRAND TOTAL: 3,460,392