13F-HR 1 0001.txt NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE AT&T CORP COMMON 001957109 23649 419955 SH DEFINED 1 381855 500 37600 AXA FINL INC COMMON 002451102 7419 206800 SH DEFINED 1 184100 200 22500 ACTIVISION INC NEW COM NEW 004930202 181 15000 SH DEFINED 1 3000 0 12000 ADVANCED MICRO DEVICES I COMMON 007903107 48445 848983 SH DEFINED 1 800133 950 47900 ALCATEL DEPOSITORY RECEI 013904305 28584 662940 SH DEFINED 1 640840 525 21575 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 312 47600 SH DEFINED 1 47600 0 0 ALLSTATE CORP COMMON 020002101 8014 336527 SH DEFINED 1 310877 0 25650 ALLTEL CORP COMMON 020039103 30074 475482 SH DEFINED 1 445682 600 29200 ALZA CORP DEL COMMON 022615108 303 8075 SH DEFINED 1 3300 0 4775 AMERICA ONLINE INC DEL COMMON 02364J104 883 13100 SH DEFINED 1 10100 0 3000 AMERICAN GENERAL CORP COMMON 026351106 7477 133229 SH DEFINED 1 113803 200 19226 AMERICAN HOME PRODS CORP COMMON 026609107 11231 208950 SH 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40000 SH DEFINED 1 40000 0 0 COLUMBIA/HCA HEALTHCARE COMMON 197677107 16292 643621 SH DEFINED 1 585546 1325 56750 COMPAQ COMPUTER CORP COMMON 204493100 43112 1596743 SH DEFINED 1 1471068 2300 123375 COMPUTER ASSOC INTL INC COMMON 204912109 2871 48500 SH DEFINED 1 48500 0 0 CONOCO CL A CL A 208251306 7833 318100 SH DEFINED 1 286000 0 32100 CONOCO CL B CL B 208251405 11512 449252 SH DEFINED 1 402445 981 45826 CONSECO INC COMMON 208464107 17440 1524787 SH DEFINED 1 1394787 2400 127600 CORPORATE OFFICE PPTYS T SH BEN INT 22002T108 3486 425800 SH DEFINED 1 379600 0 46200 CRESCENT REAL ESTATE EQU COMMON 225756105 6964 397950 SH DEFINED 1 362550 1000 34400 DELL COMPUTER CORP COMMON 247025109 13780 255486 SH DEFINED 1 232986 300 22200 DELTA AIR LINES INC DEL COMMON 247361108 586 11000 SH DEFINED 1 5000 0 6000 DISNEY WALT CO COM DISNEY 254687106 19213 465780 SH DEFINED 1 414830 600 50350 DU PONT E I DE NEMOURS & COMMON 263534109 13947 263456 SH DEFINED 1 243625 517 19314 EASTMAN CHEM CO COMMON 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10000 WILLIAMS COS INC DEL COMMON 969457100 21883 498048 SH DEFINED 1 463048 600 34400