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, 1999 Check here if Amendment [ ]; Amendment Number: _______________ This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: 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 11, 1999 - ----------------------- 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: -0- Form 13F Information Table Entry Total: 544 Form 13F Information Table Value Total: $3,295,987,000 *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. NONE 3/31/99 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 * COM * 4,096 297,872 SH SOLE 297,872 3COM CORP COM 885535104 1,672 71,700 SH SOLE 71,700 3DLABS INC, LTD COM G8846W103 682 218,163 SH SOLE 218,163 ABBOTT LABS COM 000282410 14,191 303,140 SH SOLE 303,140 ADOBE SYS INC DEL COM 00724F101 692 12,200 SH SOLE 12,200 ADVANCED MICRO DEVICES INC COM 007903107 449 28,979 SH SOLE 28,979 AEROQUIP-VICKERS INC COM 007869100 315 5,500 SH SOLE 5,500 AES CORP COM 00130H105 1,341 36,000 SH SOLE 36,000 AETNA INC COM 008117103 2,366 28,506 SH SOLE 28,506 AIR PRODS & CHEMS INC COM 009158106 1,569 45,800 SH SOLE 45,800 AIRTOUCH COMMUNICATIONS INC COM 00949T100 11,042 114,274 SH SOLE 114,274 ALBERTO CULVER CO CL B COM 013068101 266 11,400 SH SOLE 11,400 ALBERTSONS INC COM 013104104 2,667 49,000 SH SOLE 49,000 ALCAN ALUM LTD COM 013716105 1,172 45,400 SH SOLE 45,400 ALCOA INC COM 013817101 3,019 73,300 SH SOLE 73,300 ALLEGHENY TELEDYNE INC COM 017415100 742 39,197 SH SOLE 39,197 ALLERGAN INC COM 018490102 1,160 13,200 SH SOLE 13,200 ALLIED SIGNAL INC COM 019512102 5,470 111,200 SH SOLE 111,200 ALLSTATE CORP COM 020002101 6,074 163,880 SH SOLE 163,880 ALLTEL CORP COM 020039103 3,424 54,900 SH SOLE 54,900 FAIR MARKET VALUE TOTAL: 62,409 * Requested confidential treatment for this investment. FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION ALZA CORP COM 022615108 761 19,900 SH SOLE 19,900 AMERADA HESS CORP COM 023551104 921 18,100 SH SOLE 18,100 AMEREN CORP COM 023608102 993 27,450 SH SOLE 27,450 AMERICA ONLINE INC DEL COM 02364J104 30,179 205,300 SH SOLE 205,300 AMERICAN ELEC PWR INC COM 025537101 1,516 38,200 SH SOLE 38,200 AMERICAN EXPRESS CO COM 025816109 10,648 90,428 SH SOLE 90,428 AMERICAN GEN CORP COM 026351106 3,552 50,381 SH SOLE 50,381 AMERICAN GREETINGS CORP CL A COM 026375105 354 13,945 SH SOLE 13,945 AMERICAN HOME PRODS CORP COM 026609107 17,178 263,260 SH SOLE 263,260 AMERICAN INTL GROUP INC COM 026874107 29,575 245,180 SH SOLE 245,180 AMERICAN STORES CO NEW COM 030096101 1,813 54,950 SH SOLE 54,950 AMERITECH CORP NEW COM 030954101 12,649 219,500 SH SOLE 219,500 AMGEN INC COM 031162100 7,615 101,700 SH SOLE 101,700 AMP INC COM 031897101 2,338 43,700 SH SOLE 43,700 AMR CORP DEL COM 001765106 2,138 36,500 SH SOLE 36,500 AMSOUTH BANCORPORATION COM 032165102 1,087 23,900 SH SOLE 23,900 ANADARKO PETE CORP COM 032511107 906 24,000 SH SOLE 24,000 ANDREW CORP COM COM 034425108 204 16,575 SH SOLE 16,575 ANHEUSER BUSCH COS INC COM 035229103 7,270 95,500 SH SOLE 95,500 AON CORP COM 037389103 2,146 33,923 SH SOLE 33,923 APACHE CORP COM 037411105 508 19,500 SH SOLE 19,500 APPLE COMPUTER INC COM 037833100 981 27,300 SH SOLE 27,300 APPLIED MATLS INC COM 038222105 4,546 73,700 SH SOLE 73,700 ARCHER DANIELS MIDLAND CO COM 039483102 1,737 118,238 SH SOLE 118,238 ARMSTRONG WORLD INDS INC COM 042476101 357 7,900 SH SOLE 7,900 ASARCO INC COM 043413103 109 7,900 SH SOLE 7,900 ASCEND COMMUNICATIONS INC COM 043491109 3,632 43,400 SH SOLE 43,400 ASHLAND INC COM 044204105 606 14,800 SH SOLE 14,800 ASSOCIATES FIRST CAP CORP CL A COM 046008108 6,544 145,422 SH SOLE 145,422 AT HOME CORPORATION COM 045919107 22,050 140,000 SH SOLE 140,000 AT&T CORP COM 001957109 33,437 418,944 SH SOLE 418,944 ATLANTIC RICHFIELD CO COM 048825103 4,760 65,100 SH SOLE 65,100 AUTODESK INC COM 052769106 9,084 224,650 SH SOLE 224,650 FAIR MARKET VALUE TOTAL: 222,194 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION AUTOMATIC DATA PROCESSING INC COM 053015103 5,093 123,100 SH SOLE 123,100 AUTOZONE INC COM 053332102 908 29,900 SH SOLE 29,900 AVERY DENNISON CORP COM 053611109 1,334 23,200 SH SOLE 23,200 AVID TECHNOLOGY, INC COM 05367P100 13,996 802,632 SH SOLE 802,632 AVON PRODS INC COM 054303102 2,466 52,400 SH SOLE 52,400 BAKER HUGHES INC COM 057224107 1,587 65,270 SH SOLE 65,270 BALL CORP COM 058498106 291 6,200 SH SOLE 6,200 BALTIMORE GAS & ELEC CO COM 059165100 756 29,800 SH SOLE 29,800 BANK NEW YORK INC COM 064057102 5,458 151,864 SH SOLE 151,864 BANK ONE CORP COM 06423A103 12,930 234,826 SH SOLE 234,826 BANKAMERICA CORP NEW COM 06605F102 24,408 345,596 SH SOLE 345,596 BANKBOSTON CORP COM 06605R106 2,564 59,200 SH SOLE 59,200 BANKERS TRUST CORP COM 066365107 1,677 19,000 SH SOLE 19,000 BARD C R INC COM 067383109 540 10,700 SH SOLE 10,700 BARRICK GOLD CORP COM 067901108 1,271 74,500 SH SOLE 74,500 BATTLE MTN GOLD CO COM 071593107 126 45,900 SH SOLE 45,900 BAUSCH & LOMB INC COM 071707103 728 11,200 SH SOLE 11,200 BAXTER INTL INC COM 071813109 3,775 57,200 SH SOLE 57,200 BB&T CORP COM 054937107 2,247 62,100 SH SOLE 62,100 BEA SYSTEMS, INC COM 073325102 8,511 544,696 SH SOLE 544,696 BEAR STEARNS COS INC COM 073902108 994 22,240 SH SOLE 22,240 BECTON DICKINSON & CO COM 075887109 1,904 49,700 SH SOLE 49,700 BELL ATLANTIC CORP COM 077853109 16,024 310,012 SH SOLE 310,012 BELLSOUTH CORP COM 079860102 15,601 389,412 SH SOLE 389,412 BEMIS INC COM 081437105 326 10,500 SH SOLE 10,500 BESTFOODS COM 08658U101 2,679 57,000 SH SOLE 57,000 BETHLEHEM STL CORP COM 087509105 215 26,000 SH SOLE 26,000 BIOMET INC COM 090613100 939 22,400 SH SOLE 22,400 BLACK & DECKER CORP COM 091797100 976 17,600 SH SOLE 17,600 BLOCK H & R INC COM 093671105 919 19,400 SH SOLE 19,400 BMC SOFTWARE INC COM 055921100 1,609 43,400 SH SOLE 43,400 BOEING CO COM 097023105 6,370 187,346 SH SOLE 187,346 BOISE CASCADE CORP COM 097383103 363 11,255 SH SOLE 11,255 BOSTON SCIENTIFIC CORP COM 101137107 3,185 78,412 SH SOLE 78,412 FAIR MARKET VALUE TOTAL: 142,770 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION BRIGGS & STRATTON CORP COM 109043109 232 4,700 SH SOLE 4,700 BRISTOL MYERS SQUIBB CO COM 110122108 25,444 396,788 SH SOLE 396,788 BROADCAST.COM, INC COM 111310108 91,025 770,172 SH SOLE 770,172 BROWN FORMAN CORP CL B COM 115637209 789 13,700 SH SOLE 13,700 BROWNING FERRIS INDS INC COM 115885105 1,219 31,600 SH SOLE 31,600 BRUNSWICK CORP COM 117043109 351 18,400 SH SOLE 18,400 BURLINGTON NORTH SANTA FE CORP COM 12189T104 3,077 93,606 SH SOLE 93,606 BURLINGTON RES INC COM 122014103 1,414 35,408 SH SOLE 35,408 CABLETRON SYS INC COM 126920107 282 34,400 SH SOLE 34,400 CAMPBELL SOUP CO COM 134429109 3,613 88,800 SH SOLE 88,800 CAPITAL ONE FINL CORP COM 14040H105 1,978 13,100 SH SOLE 13,100 CARDINAL HEALTH INC COM 14149Y108 3,584 54,300 SH SOLE 54,300 CARNIVAL CORP COM 143658102 5,944 122,400 SH SOLE 122,400 CAROLINA PWR & LT CO COM 144141108 1,141 30,176 SH SOLE 30,176 CASE CORP COM 14743R103 373 14,700 SH SOLE 14,700 CATERPILLAR INC COM 149123101 3,292 71,654 SH SOLE 71,654 CBS CORP COM 12490K107 5,754 140,978 SH SOLE 140,978 CENDANT CORP COM 151313103 2,714 170,305 SH SOLE 170,305 CENTEX CORP COM 152312104 397 11,900 SH SOLE 11,900 CENTRAL & SOUTH WEST CORP COM 152357109 995 42,434 SH SOLE 42,434 CENTURY TEL ENTERPRISES INC COM 156686107 1,300 18,500 SH SOLE 18,500 CERIDIAN CORP COM 15677T106 1,043 28,518 SH SOLE 28,518 CHAMPION INTL CORP COM 158525105 784 19,100 SH SOLE 19,100 CHASE MANHATTAN CORP NEW COM 16161A108 13,736 168,804 SH SOLE 168,804 CHEVRON CORP COM 166751107 11,564 130,300 SH SOLE 130,300 CHUBB CORP COM 171232101 1,902 32,477 SH SOLE 32,477 CIGNA CORP COM 125509109 3,461 41,300 SH SOLE 41,300 CINCINNATI FINL CORP COM 172062101 1,217 33,400 SH SOLE 33,400 CINERGY CORP COM 172474108 869 31,600 SH SOLE 31,600 CIRCUIT CITY GROUP COM 172737108 1,533 20,000 SH SOLE 20,000 CISCO SYS INC COM 17275R102 34,549 315,340 SH SOLE 315,340 CITIGROUP INC COM 172967101 28,805 450,964 SH SOLE 450,964 CLEAR CHANNEL COMMUNICATIONS COM 184502102 3,534 52,700 SH SOLE 52,700 CLOROX CO COM 189054109 2,742 23,400 SH SOLE 23,400 FAIR MARKET VALUE TOTAL: 260,657 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION CMG INFORMATION SERVICES, INC COM 125750109 368,323 2,012,008 SH SOLE 2,012,008 COASTAL CORP COM 190441105 1,399 42,400 SH SOLE 42,400 COCA COLA CO COM 191216100 30,215 492,296 SH SOLE 492,296 COCA COLA ENTERPRISES INC COM 191219104 2,366 78,200 SH SOLE 78,200 COLGATE PALMOLIVE CO COM 194162103 5,373 58,400 SH SOLE 58,400 COLUMBIA ENERGY GROUP COM 197648108 874 16,728 SH SOLE 16,728 COLUMBIA/HCA HEALTHCARE CORP COM 197677107 2,440 128,850 SH SOLE 128,850 COMCAST CORP CL A SPL COM 200300200 4,645 73,800 SH SOLE 73,800 COMERICA INC COM 200340107 1,940 31,067 SH SOLE 31,067 COMPAQ COMPUTER CORP COM 204493100 10,676 336,910 SH SOLE 336,910 COMPUTER ASSOC INTL INC COM 204912109 3,826 107,575 SH SOLE 107,575 COMPUTER SCIENCES CORP COM 205363104 1,749 31,700 SH SOLE 31,700 COMPUWARE CORP COM 205638109 1,752 73,400 SH SOLE 73,400 CONAGRA INC COM 205887102 2,504 97,714 SH SOLE 97,714 CONSECO INC COM 208464107 1,978 64,067 SH SOLE 64,067 CONSOLIDATED EDISON INC COM 209115104 2,112 46,600 SH SOLE 46,600 CONSOLIDATED NAT GAS CO COM 209615103 930 19,100 SH SOLE 19,100 CONSOLIDATED STORES CORP COM 210149100 664 21,900 SH SOLE 21,900 COOPER INDS INC COM 216669101 882 20,700 SH SOLE 20,700 COOPER TIRE & RUBR CO COM 216831107 279 15,200 SH SOLE 15,200 COORS ADOLPH CO CL B COM 217016104 400 7,400 SH SOLE 7,400 CORNING INC COM 219350105 2,778 46,300 SH SOLE 46,300 COSTCO COS INC COM 22160Q102 3,992 43,600 SH SOLE 43,600 COUNTRYWIDE CR INDS INC COM 222372104 840 22,400 SH SOLE 22,400 COVAD COMMUNICATIONS GROUP, INC COM 222814204 162,139 2,465,997 SH SOLE 2,465,997 CRANE CO COM 224399105 332 13,725 SH SOLE 13,725 CROWN CORK & SEAL INC COM 228255105 698 24,453 SH SOLE 24,453 CSX CORP COM 126408103 1,690 43,400 SH SOLE 43,400 CUMMINS ENGINE INC COM 231021106 299 8,400 SH SOLE 8,400 CVS CORP COM 126650100 3,700 77,900 SH SOLE 77,900 CYBERCASH, INC COM 232462101 6,217 440,160 SH SOLE 440,160 CYPRUS AMAX MINERALS CO COM 232809103 221 18,200 SH SOLE 18,200 DANA CORP COM 235811106 1,257 33,091 SH SOLE 33,091 DANAHER CORP COM 235851102 1,395 26,700 SH SOLE 26,700 FAIR MARKET VALUE TOTAL: 630,885 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION DARDEN RESTAURANTS INC COM 237194105 567 27,500 SH SOLE 27,500 DATA GEN CORP COM 237688106 101 10,000 SH SOLE 10,000 DAYTON HUDSON CORP COM 239753106 5,863 88,000 SH SOLE 88,000 DEERE & CO COM 244199105 1,839 47,600 SH SOLE 47,600 DELL COMPUTER CORP COM 247025109 20,769 508,100 SH SOLE 508,100 DELTA AIR LINES INC DEL COM 247361108 1,967 28,300 SH SOLE 28,300 DELUXE CORP COM 248019101 469 16,100 SH SOLE 16,100 DILLARDS INC CL A COM 254067101 540 21,300 SH SOLE 21,300 DISNEY WALT CO COM 254687106 12,779 410,580 SH SOLE 410,580 DOLLAR GEN CORP COM 256669102 1,200 35,300 SH SOLE 35,300 DOMINION RES INC VA COM 257470104 1,441 39,000 SH SOLE 39,000 DONNELLEY R R & SONS CO COM 257867101 863 26,800 SH SOLE 26,800 DOVER CORP COM 260003108 1,463 44,500 SH SOLE 44,500 DOW CHEM CO COM 260543103 4,120 44,216 SH SOLE 44,216 DOW JONES & CO INC COM 260561105 882 18,700 SH SOLE 18,700 DTE ENERGY CO COM 233331107 1,115 29,000 SH SOLE 29,000 DU PONT E I DE NEMOURS & CO COM 263534109 13,058 224,894 SH SOLE 224,894 DUKE ENERGY CORP COM 264399106 3,959 72,224 SH SOLE 72,224 DUN & BRADSTREET CORP DEL COM 26483B106 1,176 33,000 SH SOLE 33,000 EASTERN ENTERPRISES COM 27637F100 166 4,550 SH SOLE 4,550 EASTMAN CHEM CO COM 277432100 669 15,900 SH SOLE 15,900 EASTMAN KODAK CO COM 277461109 4,128 64,631 SH SOLE 64,631 EATON CORP COM 278058102 1,022 14,300 SH SOLE 14,300 ECHOSTAR COMMUNICATIONS CORP CL A 278762109 796 9,746 SH SOLE 9,746 ECOLAB INC COM 278865100 919 25,900 SH SOLE 25,900 EDISON INTL COM 281020107 1,566 70,400 SH SOLE 70,400 EG & G INC COM 268457108 237 9,000 SH SOLE 9,000 ELECTRONIC DATA SYS CORP NEW COM 285661104 4,791 98,400 SH SOLE 98,400 EMC CORP MASS COM 268648102 12,804 100,226 SH SOLE 100,226 EMERSON ELEC CO COM 291011104 4,621 87,300 SH SOLE 87,300 ENGELHARD CORP COM 292845104 484 28,600 SH SOLE 28,600 ENRON CORP COM 293561106 4,243 66,040 SH SOLE 66,040 ENTERGY CORP NEW COM 29364G103 1,353 49,200 SH SOLE 49,200 EQUIFAX INC COM 294429105 1,011 29,400 SH SOLE 29,400 FAIR MARKET VALUE TOTAL: 112,981 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION ETEC SYSTEMS, INC COM 26922C103 14,719 500,000 SH SOLE 500,000 EVANS & SUTHERLAND COMPUTER CORP COM 299096107 10,844 903,666 SH SOLE 903,666 EXXON CORP COM 302290101 34,258 485,498 SH SOLE 485,498 FDX CORP COM 31304N107 2,755 29,620 SH SOLE 29,620 FEDERAL NATL MTG ASSN COM 313586109 14,335 207,000 SH SOLE 207,000 FEDERATED DEPT STORES INC DEL COM 31410H101 1,683 41,943 SH SOLE 41,943 FIFTH THIRD BANCORP COM 316773100 3,497 53,037 SH SOLE 53,037 FIRST DATA CORP COM 319963104 3,779 88,400 SH SOLE 88,400 FIRST UN CORP COM 337358105 10,571 197,815 SH SOLE 197,815 FIRSTAR CORP COM 33763V109 4,108 45,900 SH SOLE 45,900 FIRSTENERGY CORP COM 337932107 1,327 47,400 SH SOLE 47,400 FLEET FINL GROUP INC NEW COM 338915101 4,270 113,492 SH SOLE 113,492 FLEETWOOD ENTERPRISES INC COM 339099103 200 7,000 SH SOLE 7,000 FLUOR CORP COM 343861100 408 15,100 SH SOLE 15,100 FMC CORP NEW COM 302491303 326 6,600 SH SOLE 6,600 FORD MTR CO DEL COM 345370100 13,694 241,578 SH SOLE 241,578 FORE SYSTEMS, INC COM 345449102 2,923 154,601 SH SOLE 154,601 FORT JAMES CORP COM 347471104 1,394 44,000 SH SOLE 44,000 FORTUNE BRANDS INC COM 349631101 1,316 34,190 SH SOLE 34,190 FOSTER WHEELER CORP COM 350244109 99 8,200 SH SOLE 8,200 FPL GROUP INC COM 302571104 1,924 36,135 SH SOLE 36,135 FRANKLIN RES INC COM 354613101 1,420 50,500 SH SOLE 50,500 FREDDIE MAC CORP COM 313400301 7,766 135,500 SH SOLE 135,500 FREEPORT MCMORAN COPPER B COM 35671D857 359 33,019 SH SOLE 33,019 FRONTIER CORP COM 35906P105 1,779 34,300 SH SOLE 34,300 FRUIT OF THE LOOM INC CL A COM G3682L105 155 14,400 SH SOLE 14,400 GANNETT INC COM 364730101 3,541 56,200 SH SOLE 56,200 GAP INC COM 364760108 7,662 113,833 SH SOLE 113,833 GATEWAY 2000 INC COM 367833100 2,139 31,200 SH SOLE 31,200 GENERAL DYNAMICS CORP COM 369550108 1,626 25,300 SH SOLE 25,300 GENERAL ELEC CO COM COM 369604103 72,385 654,332 SH SOLE 654,332 GENERAL INSTR CORP DEL COM 370120107 1,014 33,452 SH SOLE 33,452 GENERAL MLS INC COM 370334104 2,312 30,600 SH SOLE 30,600 FAIR MARKET VALUE TOTAL: 230,588 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION GENERAL MTRS CORP COM 370442105 11,371 130,696 SH SOLE 130,696 GENESYS TELECOMMUNICATION COM 371931106 2,709 179,867 SH SOLE 179,867 LABORATORIES, INC GENUINE PARTS CO COM 372460105 1,034 35,900 SH SOLE 35,900 GEOCITIES COM 37247V106 91,286 833,190 SH SOLE 833,190 GEORGIA PAC CORP COM 373298108 1,307 17,600 SH SOLE 17,600 GILLETTE CO COM 375766102 13,165 221,500 SH SOLE 221,500 GOLDEN WEST FINL CORP DEL COM 381317106 1,089 11,400 SH SOLE 11,400 GOODRICH B F CO COM 382388106 508 14,800 SH SOLE 14,800 GOODYEAR TIRE & RUBR CO COM 382550101 1,554 31,200 SH SOLE 31,200 GPU INC COM 36225X100 951 25,500 SH SOLE 25,500 GRACE WR & CO DEL NEW COM 38388F108 178 14,700 SH SOLE 14,700 GRAINGER W W INC COM 384802104 818 19,000 SH SOLE 19,000 GREAT ATLANTIC & PAC TEA INC COM 390064103 228 7,600 SH SOLE 7,600 GREAT LAKES CHEM CORP COM 390568103 434 11,800 SH SOLE 11,800 GTE CORP COM 362320103 11,660 192,734 SH SOLE 192,734 GUIDANT CORP COM 401698105 3,642 60,200 SH SOLE 60,200 HALLIBURTON CO COM 406216101 3,382 87,850 SH SOLE 87,850 HARCOURT GEN INC COM 41163G101 629 14,200 SH SOLE 14,200 HARNISCHFEGER INDS INC COM 413345109 53 9,400 SH SOLE 9,400 HARRAHS ENTMT INC COM 413619107 481 25,250 SH SOLE 25,250 HARRIS CORP DEL COM 413875105 452 15,800 SH SOLE 15,800 HARTFORD FINL SVCS GROUP INC COM 416515104 2,650 46,636 SH SOLE 46,636 HASBRO INC COM 418056107 1,133 39,150 SH SOLE 39,150 HCR MANOR CARE INC COM 404134108 504 22,100 SH SOLE 22,100 HEALTHSOUTH CORP COM 421924101 877 84,500 SH SOLE 84,500 HEINZ H J CO COM 423074103 3,420 72,200 SH SOLE 72,200 HELMERICH & PAYNE INC COM 423452101 225 9,900 SH SOLE 9,900 HERCULES INC COM 427056106 508 20,100 SH SOLE 20,100 HERSHEY FOODS CORP COM 427866108 1,603 28,600 SH SOLE 28,600 HEWLETT PACKARD CO COM 428236103 13,750 202,770 SH SOLE 202,770 HILTON HOTELS CORP COM 432848109 733 52,100 SH SOLE 52,100 HOLLYWOOD ENTERTAINMENT CORP COM 436141105 8,638 463,774 SH SOLE 463,774 HOME DEPOT INC COM 437076102 18,326 294,400 SH SOLE 294,400 FAIR MARKET VALUE TOTAL: 198,798 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION HOMESTAKE MNG CO COM 437614100 411 47,703 SH SOLE 47,703 HONEYWELL INC COM 438506107 1,910 25,200 SH SOLE 25,200 HOUSEHOLD INTL INC COM 441815107 4,400 96,448 SH SOLE 96,448 HUMANA INC COM 444859102 578 33,500 SH SOLE 33,500 HUNTINGTON BANCSHARES INC COM 446150104 1,302 42,100 SH SOLE 42,100 IBM CORP COM 459200101 32,670 184,314 SH SOLE 184,314 IKON OFFICE SOLUTIONS INC COM 451713101 378 29,500 SH SOLE 29,500 ILLINOIS TOOL WKS INC COM 452308109 3,088 49,900 SH SOLE 49,900 IMS HEALTH INC COM 449934108 2,107 63,600 SH SOLE 63,600 INCO LTD COM 453258402 441 33,100 SH SOLE 33,100 INFORMIX CORP COM 456779107 5,804 787,040 SH SOLE 787,040 INGERSOLL RAND CO COM 456866102 1,630 32,850 SH SOLE 32,850 INKTOMI CORPORATION COM 457277101 34,543 402,828 SH SOLE 402,828 INTEL CORP CALIF COM 458140100 7,513 63,200 SH SOLE 63,200 INTERNATIONAL PAPER CO COM 460146103 2,587 61,330 SH SOLE 61,330 INTERPUBLIC GROUP COS INC COM 460690100 2,161 27,750 SH SOLE 27,750 INTL FLAVORS & FRAGRANCES INC COM 459506101 796 21,200 SH SOLE 21,200 ISOCOR COM 464902105 2,414 375,000 SH SOLE 375,000 ITT INDS INC IND COM 450911102 732 20,685 SH SOLE 20,685 JEFFERSON PILOT CORP COM 475070108 1,438 21,225 SH SOLE 21,225 JOHNSON & JOHNSON COM 478160104 25,110 268,557 SH SOLE 268,557 JOHNSON CTLS INC COM 478366107 1,054 16,900 SH SOLE 16,900 JOSTENS INC COM 481088102 149 7,000 SH SOLE 7,000 K MART CORP COM 482584109 1,656 98,524 SH SOLE 98,524 KAUFMAN & BROAD HOME CORP COM 486168107 214 9,474 SH SOLE 9,474 KELLOGG CO COM 487836108 2,739 80,998 SH SOLE 80,998 KERR MCGEE CORP COM 492386107 569 17,339 SH SOLE 17,339 KEYCORP NEW COM 493267108 2,755 90,898 SH SOLE 90,898 KIMBERLY CLARK CORP COM 494368103 5,187 108,200 SH SOLE 108,200 KING WORLD PRODTNS INC COM 495667107 437 14,300 SH SOLE 14,300 KLA TENCOR CORP COM 482480100 850 17,500 SH SOLE 17,500 KNIGHT RIDDER INC COM 499040103 780 15,600 SH SOLE 15,600 KOHLS CORP COM 500255104 2,240 31,600 SH SOLE 31,600 KROGER CO COM 501044101 3,066 51,200 SH SOLE 51,200 FAIR MARKET VALUE TOTAL: 153,709 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION LAIDLAW INC COM 50730K503 383 65,900 SH SOLE 65,900 LEHMAN BROS HLDGS INC COM 524908100 1,356 22,700 SH SOLE 22,700 LILLY ELI & CO COM 532457108 18,644 219,670 SH SOLE 219,670 LIMITED INC COM 532716107 1,790 45,180 SH SOLE 45,180 LINCOLN NATL CORP IND COM 534187109 1,987 20,100 SH SOLE 20,100 LIZ CLAIBORNE INC COM 539320101 421 12,900 SH SOLE 12,900 LOCKHEED MARTIN CORP COM 539830109 2,960 78,400 SH SOLE 78,400 LOEWS CORP COM 540424108 1,694 22,700 SH SOLE 22,700 LONGS DRUG STORES CORP COM 543162101 237 7,800 SH SOLE 7,800 LOUISIANA PAC CORP COM 546347105 404 21,700 SH SOLE 21,700 LOWES COS INC COM 548661107 4,259 70,400 SH SOLE 70,400 LSI LOGIC CORP COM 502161102 881 28,240 SH SOLE 28,240 LUCENT TECHNOLOGIES INC COM 549463107 28,512 264,000 SH SOLE 264,000 MADGE NETWORKS, INC COM N5424G106 103 38,448 SH SOLE 38,448 MALLINCKRODT INC NEW COM 561232109 381 14,300 SH SOLE 14,300 MARRIOTT INTL INC NEW CL A COM 571903202 1,629 48,434 SH SOLE 48,434 MARSH & MCLENNAN COS INC COM 571748102 3,816 51,400 SH SOLE 51,400 MASCO CORP COM 574599106 1,913 67,700 SH SOLE 67,700 MATTEL INC COM 577081102 1,432 57,441 SH SOLE 57,441 MAY DEPT STORES CO COM 577778103 2,735 69,900 SH SOLE 69,900 MAYTAG CORP COM 578592107 1,079 17,873 SH SOLE 17,873 MBIA INC COM 55262C100 1,148 19,800 SH SOLE 19,800 MBNA CORP COM 55262L100 3,823 160,143 SH SOLE 160,143 MCDERMOTT INTL INC COM 580037109 299 11,800 SH SOLE 11,800 MCDONALDS CORP COM 580135101 12,245 270,224 SH SOLE 270,224 MCGRAW HILL COS INC COM 580645109 2,143 39,316 SH SOLE 39,316 MCI WORLDCOM INC COM 55268B106 32,428 366,154 SH SOLE 366,154 MCKESSON HBOC INC COM 58155Q103 3,651 55,325 SH SOLE 55,325 MEAD CORP COM COM 582834107 627 20,400 SH SOLE 20,400 MEDIAONE GROUP INC COM 58440J104 7,689 121,200 SH SOLE 121,200 MEDTRONIC INC COM 585055106 8,381 116,600 SH SOLE 116,600 MELLON BK CORP COM 585509102 3,672 52,180 SH SOLE 52,180 MERCANTILE BANCORPORATION INC COM 587342106 1,492 31,400 SH SOLE 31,400 MERCK & CO INC COM 589331107 38,115 475,692 SH SOLE 475,692 FAIR MARKET VALUE TOTAL: 192,329 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION MEREDITH CORP COM 589433101 327 10,400 SH SOLE 10,400 MERRILL LYNCH & CO INC COM 590188108 6,262 70,760 SH SOLE 70,760 MEYER FRED INC DEL NEW COM 592907109 1,819 30,900 SH SOLE 30,900 MGIC INVT CORP WIS COM 552848103 768 21,900 SH SOLE 21,900 MICRON TECHNOLOGY INC COM 595112103 2,385 49,500 SH SOLE 49,500 MICROSOFT CORP COM 594918104 84,023 937,500 SH SOLE 937,500 MICROSOFT CORP PFD A CV 594918203 100,000 1,251,957 SH SOLE 1,251,957 EXCH MICROTEST, INC COM 594941106 105 44,074 SH SOLE 44,074 MILACRON INC COM 598709103 121 7,700 SH SOLE 7,700 MILLIPORE CORP COM 601073109 210 8,700 SH SOLE 8,700 MINNESOTA MNG & MFG CO COM 604059105 5,681 80,300 SH SOLE 80,300 MIRAGE RESORTS INC COM 60462E104 765 36,000 SH SOLE 36,000 MOBIL CORP COM 607059102 13,702 155,700 SH SOLE 155,700 MONSANTO CO COM 611662107 5,744 125,043 SH SOLE 125,043 MOORE LTD COM 615785102 175 17,700 SH SOLE 17,700 MORGAN J P & CO INC COM 616880100 4,318 35,000 SH SOLE 35,000 MORGAN STANLEY DEAN WTTER & CO COM 617446448 11,528 115,351 SH SOLE 115,351 MORTON INTL INC IND NEW COM 619335102 886 24,100 SH SOLE 24,100 MOTOROLA INC COM 620076109 8,778 119,835 SH SOLE 119,835 MRV COMMUNICATIONS, INC COM 553477100 1,206 200,000 SH SOLE 200,000 NACCO INDS INC CL A COM 629579103 122 1,649 SH SOLE 1,649 NALCO CHEM CO COM 629853102 348 13,100 SH SOLE 13,100 NATIONAL CITY CORP COM 635405103 4,322 65,113 SH SOLE 65,113 NATIONAL SEMICONDUCTOR CORP COM 637640103 311 33,400 SH SOLE 33,400 NATIONAL SVC INDS INC COM 637657107 279 8,200 SH SOLE 8,200 NAVISTAR INTL CORP NEW COM 63934E108 529 13,160 SH SOLE 13,160 NETWORK COMPUTING DEVICES, INC COM 64120N100 3,750 750,000 SH SOLE 750,000 NEW CENTURY ENERGIES INC COM 64352U103 777 22,800 SH SOLE 22,800 NEW YORK TIMES CO CL A COM 650111107 1,040 36,500 SH SOLE 36,500 NEWELL RUBBERMAID INC COM 651229106 2,664 56,082 SH SOLE 56,082 NEWMONT MNG CORP COM 651639106 585 33,452 SH SOLE 33,452 NEXTEL COMMUNICATIONS INC CL A COM 65332V103 2,102 57,400 SH SOLE 57,400 FAIR MARKET VALUE TOTAL: 265,632 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION NIAGARA MOHAWK HLDGS INC COM 653520106 503 37,400 SH SOLE 37,400 NICOR INC COM 654086107 341 9,500 SH SOLE 9,500 NIKE INC CL B COM 654106103 3,259 56,500 SH SOLE 56,500 NORDSTROM INC WASH COM 655664100 1,161 28,400 SH SOLE 28,400 NORFOLK SOUTHN CORP COM 655844108 1,997 75,724 SH SOLE 75,724 NORTHERN STS PWR CO MINN COM 665772109 707 30,500 SH SOLE 30,500 NORTHERN TELECOM LTD COM 665815106 8,231 132,484 SH SOLE 132,484 NORTHERN TR CORP COM 665859104 1,972 22,200 SH SOLE 22,200 NORTHROP GRUMMAN CORP COM 666807102 821 13,719 SH SOLE 13,719 NOVELL INC COM 670006105 1,699 67,451 SH SOLE 67,451 NUCOR CORP COM 670346105 771 17,500 SH SOLE 17,500 OBJECT DESIGN, INC COM 674416102 732 142,857 SH SOLE 142,857 OCCIDENTAL PETE CORP COM 674599105 1,244 69,100 SH SOLE 69,100 OMNICOM GROUP INC COM 681919106 2,694 33,700 SH SOLE 33,700 ONEOK INC NEW COM 682680103 156 6,300 SH SOLE 6,300 OPEN MARKET INC COM 68370M100 4,345 335,852 SH SOLE 335,852 ORACLE CORPORATION COM 68389X105 7,581 287,450 SH SOLE 287,450 OWENS CORNING COM 69073F103 344 10,800 SH SOLE 10,800 OWENS ILL INC NEW COM 690768403 778 31,100 SH SOLE 31,100 P P & L RESOURCES INC COM 693499105 747 30,200 SH SOLE 30,200 PACCAR INC COM 693718108 643 15,600 SH SOLE 15,600 PACIFICORP COM 695114108 1,025 59,400 SH SOLE 59,400 PALL CORP COM 696429307 411 24,800 SH SOLE 24,800 PARAMETRIC TECHNOLOGY CORP COM 699173100 1,055 53,400 SH SOLE 53,400 PARKER HANNIFIN CORP COM 701094104 740 21,600 SH SOLE 21,600 PAYCHEX INC COM 704326107 1,551 32,700 SH SOLE 32,700 PECO ENERGY CO COM 693304107 2,067 44,700 SH SOLE 44,700 PENNEY J C INC COM 708160106 2,132 52,650 SH SOLE 52,650 PEOPLES ENERGY CORP ILL COM 711030106 229 7,100 SH SOLE 7,100 PEOPLESOFT INC COM 712713106 682 46,600 SH SOLE 46,600 PEP BOYS MANNY MOE & JACK COM 713278109 160 10,500 SH SOLE 10,500 PEPSICO INC COM 713448108 11,482 293,002 SH SOLE 293,002 PERKIN ELMER CORP COM 714041100 961 9,900 SH SOLE 9,900 FAIR MARKET VALUE TOTAL: 63,221 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION PFIZER INC COM 717081103 35,950 259,100 SH SOLE 259,100 PG&E CORP COM 69331C108 2,375 76,452 SH SOLE 76,452 PHARMACIA & UPJOHN INC COM 716941109 6,327 101,429 SH SOLE 101,429 PHELPS DODGE CORP COM 717265102 570 11,575 SH SOLE 11,575 PHILIP MORRIS COS INC COM 718154107 17,109 486,210 SH SOLE 486,210 PHILLIPS PETE CO COM 718507106 2,400 50,800 SH SOLE 50,800 PHOENIX TECHNOLOGIES, LTD COM 719153108 7,607 894,971 SH SOLE 894,971 PIONEER HI BRED INTL COM 723686101 1,798 47,800 SH SOLE 47,800 PITNEY BOWES INC COM 724479100 3,468 54,400 SH SOLE 54,400 PLACER DOME INC COM 725906101 558 49,900 SH SOLE 49,900 PNC BK CORP COM 693475105 3,334 60,000 SH SOLE 60,000 POLAROID CORP COM 731095105 176 8,700 SH SOLE 8,700 POTLATCH CORP COM 737628107 197 5,800 SH SOLE 5,800 PPG INDS INC COM 693506107 1,804 35,202 SH SOLE 35,202 PRAXAIR INC COM 74005P104 1,134 31,447 SH SOLE 31,447 PROCTER & GAMBLE CO COM 742718109 25,962 265,090 SH SOLE 265,090 PROGRESSIVE CORP OHIO COM 743315103 2,081 14,500 SH SOLE 14,500 PROVIDENT COS INC COM 743862104 933 27,000 SH SOLE 27,000 PROVIDIAN FINL CORP COM 74406A102 3,108 28,250 SH SOLE 28,250 PUBLIC SVC ENTERPRISE GROUP COM 744573106 1,699 44,500 SH SOLE 44,500 PULTTE CORP COM 745867101 179 8,600 SH SOLE 8,600 PUMA TECHNOLOGY, INC COM 745887109 764 203,788 SH SOLE 203,788 QUAKER OATS CO COM 747402105 1,699 27,300 SH SOLE 27,300 RADISYS CORPORATION COM 750459109 36,845 1,186,167 SH SOLE 1,186,167 RALSTON PURINA CO-RALSTON COM 751277302 1,751 65,600 SH SOLE 65,600 RAYCHEM CORP COM 754603108 347 15,400 SH SOLE 15,400 RAYTHEON CO CL B COM 755111408 3,949 67,356 SH SOLE 67,356 REEBOK INTL LTD COM 758110100 179 11,300 SH SOLE 11,300 REGIONS FINL CORP COM 758940100 1,530 44,200 SH SOLE 44,200 RELIANT ENERGY INC COM 75952J108 1,481 56,822 SH SOLE 56,822 REPUBLIC N Y CORP COM 760719104 987 21,400 SH SOLE 21,400 REYNOLDS METALS CO COM 761763101 623 12,900 SH SOLE 12,900 RITE AID CORP COM 767754104 1,290 51,600 SH SOLE 51,600 FAIR MARKET VALUE TOTAL: 170,214 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION RJR NABISCO HLDGS CORP COM NEW 74960K876 1,623 64,900 SH SOLE 64,900 ROCKWELL INTL CORP NEW COM 773903109 1,604 37,800 SH SOLE 37,800 ROHM & HAAS CO COM 775371107 1,124 33,500 SH SOLE 33,500 ROWAN COS INC COM 779382100 213 16,800 SH SOLE 16,800 ROYAL DUTCH PETE CO NY REG 780257804 22,268 428,240 SH SOLE 428,240 GLD1.25 RUSSELL CORP COM 782352108 145 7,200 SH SOLE 7,200 RYDER SYS INC COM 783549108 395 14,300 SH SOLE 14,300 SAFECO CORP COM 786429100 1,104 27,300 SH SOLE 27,300 SAFEWAY INC NEW COM 786514208 4,982 97,100 SH SOLE 97,100 SARA LEE CORP COM 803111103 4,509 182,200 SH SOLE 182,200 SBC COMMUNICATIONS INC COM 78387G103 18,432 390,612 SH SOLE 390,612 SCHERING PLOUGH CORP COM 806605101 16,213 293,440 SH SOLE 293,440 SCHLUMBERGER LTD COM 806857108 6,560 109,000 SH SOLE 109,000 SCHWAB CHARLES CORP NEW C COM 808513105 7,704 80,150 SH SOLE 80,150 SCIENTIFIC ATLANTA INC COM 808655104 411 15,100 SH SOLE 15,100 SCM MICROSYSTEMS, INC COM 784018103 10,610 174,650 SH SOLE 174,650 SEAGATE TECHNOLOGY C COM 811804103 1,440 48,700 SH SOLE 48,700 SEAGRAM LTD COM 811850106 3,985 79,700 SH SOLE 79,700 SEALED AIR CORP NEW COM 81211K100 820 16,676 SH SOLE 16,676 SEARS ROEBUCK & CO COM 812387108 3,457 76,500 SH SOLE 76,500 SEMPRA ENERGY COM 816851109 921 48,012 SH SOLE 48,012 SERVICE CORP INTL COM 817565104 778 54,600 SH SOLE 54,600 SHARED MED SYS CORP COM 819486101 295 5,300 SH SOLE 5,300 SHERWIN WILLIAMS CO COM 824348106 968 34,400 SH SOLE 34,400 SIGMA ALDRICH CORP COM 826552101 588 20,100 SH SOLE 20,100 SILICON GRAPHICS INC COM 827056102 621 37,500 SH SOLE 37,500 SILICON VALLEY GROUP INC COM 827066101 6,133 498,100 SH SOLE 498,100 SLM HLDG CORP COM 78442A109 1,382 33,100 SH SOLE 33,100 SNAP ON INC COM 833034101 339 11,700 SH SOLE 11,700 SOLECTRON CORP COM 834182107 2,443 50,300 SH SOLE 50,300 SONAT INC COM 835415100 660 22,000 SH SOLE 22,000 SOUTHERN CO COM 842587107 3,247 139,300 SH SOLE 139,300 FAIR MARKET VALUE TOTAL: 125,974 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION SOUTHTRUST CORP COM 844730101 1,231 33,000 SH SOLE 33,000 SOUTHWEST AIRLS CO COM 844741108 2,032 67,162 SH SOLE 67,162 SPORTSLINE USA, INC COM 848934105 10,131 222,043 SH SOLE 222,043 SPRINGS INDS INC CL A COM 851783100 99 3,650 SH SOLE 3,650 SPRINT CORP (FON GROUP) COM 852061100 8,752 89,190 SH SOLE 89,190 SPRINT CORP PCS COM 852061506 3,893 87,845 SH SOLE 87,845 SER 1 ST JUDE MED INC COM 790849103 410 16,832 SH SOLE 16,832 ST PAUL COS INC COM 792860108 1,462 47,074 SH SOLE 47,074 STANDARD MICROSYSTEMS CORP COM 853626109 12,147 1,542,506 SH SOLE 1,542,506 STANLEY WKS COM 854616109 455 17,740 SH SOLE 17,740 STAPLES INC COM 855030102 3,026 92,050 SH SOLE 92,050 STATE STREET CORP COM 857477103 2,640 32,100 SH SOLE 32,100 SUMMIT BANCORP COM 866005101 1,349 34,600 SH SOLE 34,600 SUN MICROSYSTEMS INC COM 866810104 9,617 76,900 SH SOLE 76,900 SUN MICROSYSTEMS, INC COM 866810104 518 4,143 SH SOLE 4,143 SUNOCO INC COM 86764P109 672 18,645 SH SOLE 18,645 SUNTRUST BKS INC COM 867914103 3,987 64,050 SH SOLE 64,050 SUPERVALU INC COM 868536103 493 23,900 SH SOLE 23,900 SYNOVUS FINL CORP COM 87161C105 1,096 53,450 SH SOLE 53,450 SYSCO CORP COM 871829107 1,750 66,500 SH SOLE 66,500 SYSTEMSOFT CORP COM 871926101 140 2,004,292 SH SOLE 2,004,292 TANDY CORP COM 875382103 1,260 19,750 SH SOLE 19,750 TEKTRONIX INC COM 879131100 237 9,367 SH SOLE 9,367 TELLABS INC COM 879664100 3,793 38,800 SH SOLE 38,800 TEMPLE INLAND INC COM 879868107 697 11,100 SH SOLE 11,100 TENET HEALTHCARE CORP COM 88033G100 1,174 61,974 SH SOLE 61,974 TENNECO INC NEW COM 88037E101 947 33,900 SH SOLE 33,900 TEXACO INC COM 881694103 6,055 106,700 SH SOLE 106,700 TEXAS INSTRS INC COM 882508104 7,732 77,900 SH SOLE 77,900 TEXAS UTILS CO COM 882848104 2,372 56,465 SH SOLE 56,465 TEXTRON INC COM 883203101 2,445 31,600 SH SOLE 31,600 THERMO ELECTRON CORP COM 883556102 430 31,700 SH SOLE 31,700 FAIR MARKET VALUE TOTAL: 93,042 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION THOMAS & BETTS CORP COM 884315102 428 11,400 SH SOLE 11,400 TIME WARNER INC COM 887315109 17,351 245,034 SH SOLE 245,034 TIMES MIRROR CO NEW COM COM 887364107 859 15,871 SH SOLE 15,871 SER A TIMKEN CO COM 887389104 202 12,400 SH SOLE 12,400 TJX COS INC NEW COM COM 872540109 2,193 64,500 SH SOLE 64,500 TORCHMARK CORP COM 891027104 889 28,100 SH SOLE 28,100 TOYS R US INC COM 892335100 943 50,100 SH SOLE 50,100 TRANSAMERICA CORP COM 893485102 1,775 25,000 SH SOLE 25,000 TRIBUNE CO NEW COM 896047107 1,551 23,700 SH SOLE 23,700 TRICON GLOBAL RESTAURANTS INC COM 895953107 2,138 30,440 SH SOLE 30,440 TRW INC COM 872649108 1,087 23,900 SH SOLE 23,900 TUPPERWARE CORP COM 899896104 208 11,550 SH SOLE 11,550 TUT SYSTEMS, INC COM 901103101 4,146 83,334 SH SOLE 83,334 TYCO INTL LTD NEW COM 902124106 9,343 130,215 SH SOLE 130,215 UNICOM CORP COM 904911104 1,587 43,400 SH SOLE 43,400 UNILEVER N V NY SHS 904784501 8,497 127,900 SH SOLE 127,900 UNION CAMP CORP COM 905530101 926 13,800 SH SOLE 13,800 UNION CARBIDE CORP COM 905581104 1,200 26,565 SH SOLE 26,565 UNION PAC CORP COM 907818108 2,640 49,400 SH SOLE 49,400 UNION PAC RES GROUP INC COM 907834105 595 50,078 SH SOLE 50,078 UNION PLANTERS CORP TENN COM 908068109 1,208 27,500 SH SOLE 27,500 UNISYS CORP COM 909214108 1,443 52,100 SH SOLE 52,100 UNITED HEALTHCARE CORP COM 910581107 1,957 37,185 SH SOLE 37,185 UNITED TECHNOLOGIES CORP COM 913017109 6,108 45,100 SH SOLE 45,100 UNOCAL CORP COM 915289102 1,777 48,200 SH SOLE 48,200 UNUM CORP COM 903192102 1,313 27,600 SH SOLE 27,600 US AIRWAYS GROUP INC COM 911905107 854 17,500 SH SOLE 17,500 US BANCORP DEL COM 902973106 4,957 145,521 SH SOLE 145,521 UST INC COM 902911106 970 37,119 SH SOLE 37,119 US WEB CORPORATION COM 917327108 70,236 1,702,699 SH SOLE 1,702,699 US WEST INC NEW COM 91273H101 5,533 100,483 SH SOLE 100,483 USX MARATHON GROUP NEW COM 902905827 1,689 61,400 SH SOLE 61,400 FAIR MARKET VALUE TOTAL: 156,603 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION USX U S STL GROUP COM 90337T101 414 17,600 SH SOLE 17,600 V F CORP COM 918204108 1,135 23,900 SH SOLE 23,900 VERISIGN, INC COM 92343E102 30,192 196,052 SH SOLE 196,052 VIACOM INC CL B COM 925524308 5,834 69,500 SH SOLE 69,500 VIDEOSERVER, INC COM 926918103 2,015 260,000 SH SOLE 260,000 VOXWARE, INC COM 92906L105 375 500,000 SH SOLE 500,000 VTEL CORP COM 918333105 5,750 1,672,846 SH SOLE 1,672,846 WACHOVIA CORP NEW COM 929771103 3,288 40,500 SH SOLE 40,500 WAL MART STORES INC COM 931142103 40,937 444,057 SH SOLE 444,057 WALGREEN CO COM 931422109 5,630 199,300 SH SOLE 199,300 WARNER LAMBERT CO COM 934488107 10,865 164,000 SH SOLE 164,000 WASHINGTON MUTUAL INC COM 939322103 4,845 118,541 SH SOLE 118,541 WASTE MGMT INC DEL COM 94106L109 5,305 119,558 SH SOLE 119,558 WAVEPHORE, INC COM 943567107 4,031 500,000 SH SOLE 500,000 WELLS FARGO & CO NEW COM 949746101 11,513 328,350 SH SOLE 328,350 WENDYS INTL INC COM 950590109 705 24,785 SH SOLE 24,785 WESTVACO CORP COM 961548104 421 20,050 SH SOLE 20,050 WEYERHAEUSER CO COM 962166104 2,206 39,753 SH SOLE 39,753 WHIRLPOOL CORP COM 963320106 827 15,200 SH SOLE 15,200 WILLAMETTE INDS INC COM 969133107 838 22,200 SH SOLE 22,200 WILLIAMS COS INC COM 969457100 3,377 85,492 SH SOLE 85,492 WINN DIXIE STORES INC COM 974280109 1,110 29,700 SH SOLE 29,700 WORTHINGTON INDS INC COM 981811102 217 18,500 SH SOLE 18,500 WRIGLEY WM JR CO COM 982526105 2,098 23,200 SH SOLE 23,200 XEROX CORP COM 984121103 6,828 131,000 SH SOLE 131,000 XIRCOM, INC COM 983922105 63,225 2,516,405 SH SOLE 2,516,405 FAIR MARKET VALUE TOTAL: 213,981 FAIR MARKET VALUE GRAND TOTAL: 3,295,987