-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gof3eytAc2oGTO8i9XtxPrfS1X7zfe+TDRPQPBe5bAY5n/0AOIaV4iEkwmJG4E9p Xc+H6dXMjHjyakrkO/yi1g== 0001085146-02-000147.txt : 20020814 0001085146-02-000147.hdr.sgml : 20020814 20020814181615 ACCESSION NUMBER: 0001085146-02-000147 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020630 FILED AS OF DATE: 20020814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CYPRESS ASSET MANAGEMENT INC/TX CENTRAL INDEX KEY: 0001030618 IRS NUMBER: 76049608 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05956 FILM NUMBER: 02738315 BUSINESS ADDRESS: STREET 1: 2929 ALLEN PARKWAY STREET 2: SUITE 2200 CITY: HOUSTON STATE: TX ZIP: 77019 BUSINESS PHONE: 7135122100 MAIL ADDRESS: STREET 1: 2929 ALLEN PARKWAY STREET 2: SUITE 2200 CITY: HOUSTON STATE: TX ZIP: 77019 13F-HR 1 cyam2q02.txt CYPRESS ASSET MANAGEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2002 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cypress Asset Management Inc Address: 2929 Allen Parkway, Suite 2200 Houston, TX 77019 13F File Number: 28-05956 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Will Garwood Title: President Phone: 713-512-2146 Signature, Place, and Date of Signing: /s/ Will Garwood Houston, TX August 13, 2002 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: Form13F Information Table Value Total: $ thousands List of Other Included Managers: List of Other Managers Reporting for this Manager: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 459 12200 SH SOLE 7000 0 5200 ALCON INC COM SHS H01301102 200 5850 SH SOLE 5850 0 0 ALTERA CORP COM 021441100 163 12000 SH SOLE 0 0 12000 AMERICAN EXPRESS CO COM 025816109 469 12900 SH SOLE 9900 0 3000 AMERICAN INTL GROUP INC COM 026874107 17778 260566 SH SOLE 235708 0 24858 AMERICAN PWR CONVERSION CORP COM 029066107 171 13540 SH SOLE 13540 0 0 AMGEN INC COM 031162100 1599 38175 SH SOLE 34120 0 4055 ANADARKO PETE CORP COM 032511107 4067 82485 SH SOLE 75035 0 7450 ANALOG DEVICES INC COM 032654105 5148 173320 SH SOLE 156320 0 17000 AOL TIME WARNER INC COM 00184A105 4152 282259 SH SOLE 254411 0 27848 AON CORP COM 037389103 273 9275 SH SOLE 9275 0 0 APPLIED MATLS INC COM 038222105 3177 167050 SH SOLE 140010 0 27040 AUTOMATIC DATA PROCESSING INC COM 053015103 206 4730 SH SOLE 4730 0 0 BANK NEW YORK INC COM 064057102 7981 236475 SH SOLE 207130 0 29345 BANK OF AMERICA CORPORATION COM 060505104 528 7499 SH SOLE 3099 0 4400 BANK ONE CORP COM 06423A103 1307 33955 SH SOLE 29805 0 4150 BERKSHIRE HATHAWAY INC DEL CL B 084670207 5556 2487 SH SOLE 2242 0 245 BURLINGTON RES INC COM 122014103 3652 96111 SH SOLE 86431 0 9680 CHEVRONTEXACO CORP COM 166764100 6845 77350 SH SOLE 70450 0 6900 CISCO SYS INC COM 17275R102 5488 393403 SH SOLE 351843 0 41560 CITIGROUP INC COM 172967101 16400 423213 SH SOLE 381000 0 42213 COCA COLA CO COM 191216100 9668 172647 SH SOLE 152472 0 20175 COSTCO WHSL CORP NEW COM 22160K105 1638 42425 SH SOLE 38425 0 4000 DELL COMPUTER CORP COM 247025109 5764 220520 SH SOLE 200545 0 19975 DEVON ENERGY CORP NEW COM 25179M103 232 4700 SH SOLE 4700 0 0 DIAGEO P L C SPON ADR NEW 25243Q205 405 7850 SH SOLE 1850 0 6000 DISNEY WALT CO COM DISNEY 254687106 4157 219961 SH SOLE 195198 0 24763 E M C CORP MASS COM 268648102 145 19200 SH SOLE 15950 0 3250 ELECTRONIC DATA SYS NEW COM 285661104 1779 47900 SH SOLE 44550 0 3350 EMERSON ELEC CO COM 291011104 246 4600 SH SOLE 100 0 4500 ENCANA CORP COM 292505104 793 25925 SH SOLE 25225 0 700 EXXON MOBIL CORP COM 30231g102 11010 269073 SH SOLE 241938 0 27135 FAMILY DLR STORES INC COM 307000109 370 10500 SH SOLE 10500 0 0 FEDERAL NATL MTG ASSN COM 313586109 2248 30475 SH SOLE 22625 0 7850 FEDEX CORP COM 31428X106 214 4000 SH SOLE 4000 0 0 FIRST INVS FINL SVCS GROUP INC COM 32058A101 841 251100 SH SOLE 251100 0 0 FLEXTRONICS INTL LTD ORD Y2573F102 91 12750 SH SOLE 10150 0 2600 GENERAL DYNAMICS CORP COM 369550108 5193 48830 SH SOLE 44405 0 4425 GENERAL ELEC CO COM 369604103 11391 392112 SH SOLE 352557 0 39555 GENERAL MLS INC COM 370334104 242 5500 SH SOLE 0 0 5500 GILLETTE CO COM 375766102 266 7850 SH SOLE 7850 0 0 GLOBALSANTAFE CORP SHS G3930E101 260 9500 SH SOLE 9500 0 0 GOLDMAN SACHS GROUP INC COM 38141g104 383 5220 SH SOLE 5220 0 0 HERSHEY FOODS CORP COM 427866108 400 6400 SH SOLE 5000 0 1400 HEWLETT PACKARD CO COM 428236103 153 10036 SH SOLE 3036 0 7000 HOME DEPOT INC COM 437076102 739 20132 SH SOLE 17932 0 2200 HONEYWELL INTL INC COM 438516106 3045 86432 SH SOLE 77957 0 8475 IMMUNEX CORP NEW COM 452528102 3683 164851 SH SOLE 148501 0 16350 INTEL CORP COM 458140100 5138 281231 SH SOLE 253801 0 27430 INTERNATIONAL BUSINESS MACHS COM 459200101 7483 103935 SH SOLE 92305 0 11630 JOHNSON & JOHNSON COM 478160104 14232 272336 SH SOLE 237460 0 34876 KROGER CO COM 501044101 199 10000 SH SOLE 10000 0 0 LINEAR TECHNOLOGY CORP COM 535678106 1417 45075 SH SOLE 40575 0 4500 LOCKHEED MARTIN CORP COM 539830109 2493 35870 SH SOLE 33445 0 2425 LUCENT TECHNOLOGIES INC COM 549463107 17 10100 SH SOLE 1800 0 8300 MARSH & MCLENNAN COS INC COM 571748102 11457 118604 SH SOLE 104154 0 14450 MBNA CORP COM 55262L100 207 6250 SH SOLE 6250 0 0 MEDTRONIC INC COM 585055106 2480 57871 SH SOLE 50646 0 7225 MELLON FINL CORP COM 58551A108 3696 117590 SH SOLE 111590 0 6000 MERCK & CO INC COM 589331107 5096 100630 SH SOLE 90990 0 9640 MERRILL LYNCH & CO INC COM 590188108 253 6240 SH SOLE 4790 0 1450 MICROSOFT CORP COM 594918104 8064 147423 SH SOLE 131383 0 16040 MOLEX INC COM 608554101 527 15710 SH SOLE 13635 0 2075 MOLEX INC CL A 608554200 4151 151312 SH SOLE 135112 0 16200 MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 7922 183897 SH SOLE 166047 0 17850 MOTOROLA INC COM 620076109 168 11500 SH SOLE 0 0 11500 NATIONAL CITY CORP COM 635405103 598 18000 SH SOLE 18000 0 0 NOKIA CORP SPONSORED ADR 654902204 4875 336670 SH SOLE 302035 0 34635 NORTHERN TR CORP COM 665859104 280 6350 SH SOLE 6350 0 0 NORTHROP GRUMMAN CORP COM 666807102 4093 32745 SH SOLE 29805 0 2940 ORACLE CORP COM 68389X105 196 20650 SH SOLE 20650 0 0 PEPSICO INC COM 713448108 13702 284267 SH SOLE 247665 0 36602 PFIZER INC COM 717081103 15193 434080 SH SOLE 382991 0 51089 PROCTER & GAMBLE CO COM 742718109 9963 111564 SH SOLE 98064 0 13500 QUALCOMM INC COM 747525103 3466 126075 SH SOLE 105670 0 20405 RAYTHEON CO COM NEW 755111507 2926 71795 SH SOLE 65995 0 5800 ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 4194 75880 SH SOLE 68845 0 7035 SBC COMMUNICATIONS INC COM 78387G103 5578 182901 SH SOLE 159756 0 23145 SONY CORP ADR NEW 835699307 224 4225 SH SOLE 4225 0 0 STATE STR CORP COM 857477103 255 5700 SH SOLE 5700 0 0 TARGET CORP COM 87612E106 7898 207285 SH SOLE 186810 0 20475 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 351 5250 SH SOLE 5250 0 0 TEXAS INSTRS INC COM 882508104 9010 380165 SH SOLE 344200 0 35965 VIACOM INC CL B 925524308 7124 160565 SH SOLE 144290 0 16275 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 155 11365 SH SOLE 11365 0 0 WAL MART STORES INC COM 931142103 9483 172391 SH SOLE 154896 0 17495 WALGREEN CO COM 931422109 505 13078 SH SOLE 12528 0 550 WELLS FARGO & CO NEW COM 949746101 746 14900 SH SOLE 14900 0 0 WRIGLEY WM JR CO COM 982526105 387 7000 SH SOLE 7000 0 0 WYETH COM 983024100 6994 136597 SH SOLE 122822 0 13775 XILINX INC COM 983919101 519 23150 SH SOLE 21525 0 1625
-----END PRIVACY-ENHANCED MESSAGE-----