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, 2001

Check here if Amendment [X]; Amendment Number:  1
  This Amendment (Check only one): [X] 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:

Ravi Jacob, Assistant Treasurer (408) 765-1168

 ---------------------------------------------------------------
   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/Ravi Jacob        Santa Clara, California  April 1, 2002
-------------------

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:   563

Form 13F Information Table Value Total:   $3,756,345




*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.





                                                                         6/30/01
                           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
                                                                                             
@COMM CORPORATION                COM       00208K105     5,030  1,005,989  SH  SOLE                  1,005,989
@ROAD INC                        COM       04648K105     1,263    576,922  SH  SOLE                    576,922
ABBOTT LABS                      COM       002824100    21,927    456,734  SH  SOLE                    456,734
ADC TELECOMMUNICATIONS INC       COM       000886101     1,515    229,600  SH  SOLE                    229,600
ADOBE SYS INC                    COM       00724F101     3,342     71,100  SH  SOLE                     71,100
ADVANCED MICRO DEVICES INC       COM       007903107     2,907    100,658  SH  SOLE                    100,658
AES CORP                         COM       00130H105     6,755    156,900  SH  SOLE                    156,900
AETNA INC                        COM       00817Y108     1,098     42,445  SH  SOLE                     42,445
AFLAC INC                        COM       001055102     4,931    156,600  SH  SOLE                    156,600
AGENCY.COM LTD                   COM       008447104       482    150,000  SH  SOLE                    150,000
AGILENT TECHNOLOGIES INC         COM       00846U101     4,378    134,723  SH  SOLE                    134,723
AIR PRODS & CHEMS INC            COM       009158106     3,097     67,700  SH  SOLE                     67,700
ALBERTO CULVER CO                CL B      013068101       698     16,600  SH  SOLE                     16,600
ALBERTSONS INC                   COM       013104104     3,627    120,941  SH  SOLE                    120,941
ALCAN INC                        COM       013716105     3,944     93,849  SH  SOLE                     93,849
ALCOA INC                        COM       013817101    10,066    255,492  SH  SOLE                    255,492
ALLEGHENY ENERGY INC             COM       017361106     1,747     36,200  SH  SOLE                     36,200
ALLEGHENY TECHNOLOGIES INC       COM       01741R102       428     23,664  SH  SOLE                     23,664
ALLERGAN INC                     COM       018490102     3,320     38,900  SH  SOLE                     38,900
ALLIED WASTE INDS INC            COM       019589308     1,085     58,100  SH  SOLE                     58,100
ALLSTATE CORP                    COM       020002101     9,500    215,960  SH  SOLE                    215,960
ALLTEL CORP                      COM       020039103     5,660     92,400  SH  SOLE                     92,400
ALTERA CORP                      COM       021441100     3,396    117,100  SH  SOLE                    117,100
AMBAC FINANCIAL GROUP INC        COM       023139108     1,816     31,200  SH  SOLE                     31,200
AMERADA HESS CORP                COM       023551104     2,109     26,100  SH  SOLE                     26,100
AMEREN CORP                      COM       023608102     1,731     40,550  SH  SOLE                     40,550
AMERICAN ELEC PWR INC            COM       025537101     4,388     95,032  SH  SOLE                     95,032
AMERICAN EXPRESS CO              COM       025816109    15,240    392,784  SH  SOLE                    392,784
AMERICAN GEN CORP                COM       026351106     6,901    148,576  SH  SOLE                    148,576
AMERICAN GREETINGS CORP          CL A      026375105       206     18,745  SH  SOLE                     18,745
AMERICAN HOME PRODS CORP         COM       026609107    22,625    386,936  SH  SOLE                    386,936

               FAIR MARKET VALUE                       155,212



AMERICAN INTL GROUP INC          COM       026874107    59,047    687,419  SH  SOLE                     687419
AMERICAN TOWER CORP              CL A      029912201     3,370    161,227  SH  SOLE                    161,227
AMERICAN PWR CONVERSION CORP     COM       029066107       906     57,500  SH  SOLE                     57,500
AMGEN INC                        COM       031162100    18,665    307,600  SH  SOLE                    307,600
AMR CORP                         COM       001765106     1,608     44,500  SH  SOLE                     44,500
AMSOUTH BANCORPORATION           COM       032165102     2,049    110,800  SH  SOLE                    110,800
ANADARKO PETE CORP               COM       032511107     3,969     73,476  SH  SOLE                     73,476
ANALOG DEVICES INC               COM       032654105     4,597    106,300  SH  SOLE                    106,300
ANDREW CORP                      COM       034425108       445     24,125  SH  SOLE                     24,125
ANHEUSER BUSCH COS INC           COM       035229103    10,976    266,400  SH  SOLE                    266,400
AOL TIME WARNER INC              COM       00184A105    67,726  1,277,846  SH  SOLE                  1,277,846
AON CORP                         COM       037389103     2,649     75,690  SH  SOLE                     75,690
APACHE CORP                      COM       037411105     1,852     36,500  SH  SOLE                     36,500
APPLE COMPUTER INC               COM       037833100     2,376    102,200  SH  SOLE                    102,200
APPLERA CORP-APPLIED BIOSYSTEM   COM       038020103     1,667     62,300  SH  SOLE                     62,300
APPLIED MATLS INC                COM       038222105    11,735    239,000  SH  SOLE                    239,000
APPLIED MICRO CIRCUITS CORP CD   COM       03822W109     1,517     88,200  SH  SOLE                     88,200
ARCHER DANIELS MIDLAND CO        COM       039483102     2,435    187,221  SH  SOLE                    187,221
ASHLAND INC                      COM       044204105       826     20,600  SH  SOLE                     20,600
ASIACONTENT.COM LTD              SHS CL A  G05354116       561    561,134  SH  DEFINED            3               561,134
                                 NEW
ASIAINFO HOLDINGS INC            COM       04518A104    36,259  1,972,725  SH  DEFINED            3             1,972,725
ASML HLDG NV                     N Y SHS   N07059111    32,193  1,428,888  SH  SOLE                  1,428,888
AT&T CORP                        COM       001957109    22,004  1,000,172  SH  SOLE                  1,000,172
AUTODESK INC                     COM       052769106       619     16,600  SH  SOLE                     16,600
AUTOMATIC DATA PROCESSING INC    COM       053015103     9,324    187,602  SH  SOLE                    187,602
AUTOZONE INC                     COM       053332102     1,260     33,600  SH  SOLE                     33,600
AVAYA INC                        COM       053499109     1,143     83,436  SH  SOLE                     83,436
AVERY DENNISON CORP              COM       053611109     1,664     32,600  SH  SOLE                     32,600
AVON PRODS INC                   COM       054303102     3,254     70,314  SH  SOLE                     70,314
BAKER HUGHES INC                 COM       057224107     3,281     97,930  SH  SOLE                     97,930
BALL CORP                        COM       058498106       400      8,400  SH  SOLE                      8,400
BANK NEW YORK INC                COM       064057102    10,498    218,704  SH  SOLE                    218,704

               FAIR MARKET VALUE                       320,875



BANK OF AMERICA CORP             COM       060505104    28,854    480,663  SH  SOLE                    480,663
BANK ONE CORP                    COM       06423A103    12,223    341,438  SH  SOLE                    341,438
BARD C R INC                     COM       067383109       854     15,000  SH  SOLE                     15,000
BARRICK GOLD CORP                COM       067901108     1,773    117,000  SH  SOLE                    117,000
BAUSCH & LOMB INC                COM       071707103       573     15,800  SH  SOLE                     15,800
BAXTER INTL INC                  COM       071813109     8,541    173,740  SH  SOLE                    173,740
BB&T CORP                        COM       054937107     4,356    118,700  SH  SOLE                    118,700
BEAR STEARNS COS INC             COM       073902108     1,855     31,461  SH  SOLE                     31,461
BECTON DICKINSON & CO            COM       075887109     2,713     75,800  SH  SOLE                     75,800
BED BATH & BEYOND INC            COM       075896100     2,633     84,400  SH  SOLE                     84,400
BELLSOUTH CORP                   COM       079860102    22,267    552,944  SH  SOLE                    552,944
BEMIS INC                        COM       081437105       627     15,600  SH  SOLE                     15,600
BEST BUY INC                     COM       086516101     3,900     61,400  SH  SOLE                     61,400
BIG LOTS INC                     COM       089302103       451     33,000  SH  SOLE                     33,000
BIOGEN INC                       COM       090597105     2,376     43,700  SH  SOLE                     43,700
BIOMET INC                       COM       090613100     2,538     52,800  SH  SOLE                     52,800
BLACK & DECKER CORP              COM       091797100       943     23,900  SH  SOLE                     23,900
BLOCK H & R INC                  COM       093671105     1,743     27,000  SH  SOLE                     27,000
BMC SOFTWARE INC                 COM       055921100     1,623     72,000  SH  SOLE                     72,000
BOEING CO                        COM       097023105    13,698    246,361  SH  SOLE                    246,361
BOISE CASCADE CORP               COM       097383103       596     16,955  SH  SOLE                     16,955
BOSTON SCIENTIFIC CORP           COM       101137107     2,035    119,704  SH  SOLE                    119,704
BRISTOL MYERS SQUIBB CO          COM       110122108    30,197    577,384  SH  SOLE                    577,384
BROADCOM CORP                    CL A      111320107     3,083     72,100  SH  SOLE                     72,100
BROADVISION INC                  COM       111412102       398     79,500  SH  SOLE                     79,500
BROWN FORMAN CORP                CL B      115637209     1,292     20,200  SH  SOLE                     20,200
BRUNSWICK CORP                   COM       117043109       620     25,800  SH  SOLE                     25,800
BURLINGTON NORTH SANTA FE CORP   COM       12189T104     3,497    115,873  SH  SOLE                    115,873
BURLINGTON RES INC               COM       122014103     2,547     63,780  SH  SOLE                     63,780
CABLETRON SYS INC                COM       126920107     1,245     54,500  SH  SOLE                     54,500
CADENCE DESIGN SYSTEM INC        COM       127387108       458     24,901  SH  SOLE                     24,901
CALPINE CORP                     COM       131347106     3,330     88,100  SH  SOLE                     88,100

               FAIR MARKET VALUE                       163,839



CAMPBELL SOUP CO                 COM       134429109     3,196    124,100  SH  SOLE                    124,100
CAPITAL ONE FINL CORP            COM       14040H105     3,487     58,100  SH  SOLE                     58,100
CARDINAL HEALTH INC              COM       14149Y108     8,573    124,250  SH  SOLE                    124,250
CARNIVAL CORP                    COM       143658102     5,302    172,700  SH  SOLE                    172,700
CATERPILLAR INC                  COM       149123101     5,082    101,544  SH  SOLE                    101,544
CENDANT CORP                     COM       151313103     4,429    227,136  SH  SOLE                    227,136
CENTEX CORP                      COM       152312104       709     17,400  SH  SOLE                     17,400
CENTURYTEL INC                   COM       156700106     1,257     41,500  SH  SOLE                     41,500
CHARTER ONE FINL INC             COM       160903100     1,961     61,460  SH  SOLE                     61,460
CHEVRON CORP                     COM       166751107    17,159    189,600  SH  SOLE                    189,600
CHIPPAC INC                      CL A      169657103    12,009  1,200,878  SH  SOLE                  1,200,878
CHIRON CORP                      COM       170040109     2,882     56,500  SH  SOLE                     56,500
CHUBB CORP                       COM       171232101     3,994     51,577  SH  SOLE                     51,577
CIGNA CORP                       COM       125509109     4,350     45,400  SH  SOLE                     45,400
CINCINNATI FINL CORP             COM       172062101     1,876     47,500  SH  SOLE                     47,500
CINERGY CORP                     COM       172474108     1,639     46,900  SH  SOLE                     46,900
CINTAS CORP                      COM       172908105     2,303     49,800  SH  SOLE                     49,800
CIRCUIT CITY GROUP               COM       172737108     1,094     60,800  SH  SOLE                     60,800
CISCO SYSTEMS INC                COM       17275R102    41,790  2,287,606  SH  SOLE                  2,287,606
CITIGROUP INC                    COM       172967101    78,368  1,483,110  SH  SOLE                  1,483,110
CITIZENS COMMUNICATIONS CO       COM       17453B101       942     78,300  SH  SOLE                     78,300
CITRIX SYS INC                   COM       177376100     1,909     54,700  SH  SOLE                     54,700
CLEAR CHANNEL COMMUNICATIONS     COM       184502102    10,828    172,700  SH  SOLE                    172,700
CLOROX CO                        COM       189054109     2,359     69,700  SH  SOLE                     69,700
CMS ENERGY CORP                  COM       125896100     1,075     38,600  SH  SOLE                     38,600
COCA COLA CO                     COM       191216100    33,053    734,504  SH  SOLE                    734,504
COCA COLA ENTERPRISES INC        COM       191219104     2,018    123,400  SH  SOLE                    123,400
COLGATE PALMOLIVE CO             COM       194162103     9,963    168,900  SH  SOLE                    168,900
COMCAST CORP                     CL A SPL  200300200    12,039    277,400  SH  SOLE                    277,400
COMERICA INC                     COM       200340107     3,016     52,367  SH  SOLE                     52,367
COMPAQ COMPUTER CORP             COM       204493100     7,718    498,800  SH  SOLE                    498,800

               FAIR MARKET VALUE                       286,380



COMPUTER ASSOC INTL INC          COM       204912109     6,128    170,225  SH  SOLE                    170,225
COMPUTER SCIENCES CORP           COM       205363104     1,723     49,800  SH  SOLE                     49,800
COMPUWARE CORP                   COM       205638109     1,519    108,600  SH  SOLE                    108,600
COMVERSE TECHNOLOGY INC          COM       205862402     2,798     49,000  SH  SOLE                     49,000
CONAGRA FOODS INC                COM       205887102     3,140    158,514  SH  SOLE                    158,514
CONCORD EFS INC                  COM       206197105     3,318     63,800  SH  SOLE                     63,800
CONEXANT SYSTEMS INC             COM       207142100       752     84,326  SH  SOLE                     84,326
CONOCO INC                       CL B      208251405     5,320    184,100  SH  SOLE                    184,100
CONSECO INC                      COM       208464107     1,313     96,045  SH  SOLE                     96,045
CONSOLIDATED EDISON INC          COM       209115104     2,491     62,600  SH  SOLE                     62,600
CONSTELLATION ENGY GRP INC       COM       210371100     2,041     47,900  SH  SOLE                     47,900
CONVERA CORPORATION              COM       211919105    68,468 14,949,384  SH  SOLE                 14,949,384
CONVERGYS CORP                   COM       212485106     1,534     50,700  SH  SOLE                     50,700
COOPER INDS INC                  COM       216669101     1,089     27,500  SH  SOLE                     27,500
COOPER TIRE & RUBR CO            COM       216831107       302     21,300  SH  SOLE                     21,300
COORS ADOLPH CO                  CL B      217016104       547     10,900  SH  SOLE                     10,900
CORNING INC                      COM       219350105     4,538    271,600  SH  SOLE                    271,600
COSTCO WHSL CORP                 COM       22160K105     5,435    132,300  SH  SOLE                    132,300
COUNTRYWIDE CR INDS INC          COM       222372104     1,578     34,400  SH  SOLE                     34,400
COVAD COMMUNICATIONS GROUP INC   COM       222814204        80     82,529  SH  SOLE                     82,529
CRANE CO                         COM       224399105       555     17,900  SH  SOLE                     17,900
CROSSROADS SYS INC               COM       22765D100     9,137  1,476,147  SH  SOLE                  1,476,147
CROSSWORLDS SOFTWARE INC         COM       22769P109     1,000    333,333  SH  SOLE                    333,333
CSX CORP                         COM       126408103     2,276     62,800  SH  SOLE                     62,800
CUMMINS INC                      COM       231021106       476     12,300  SH  SOLE                     12,300
CVS CORP                         COM       126650100     4,462    115,600  SH  SOLE                    115,600
DANA CORP                        COM       235811106     1,020     43,710  SH  SOLE                     43,710
DANAHER CORP                     COM       235851102     2,346     41,900  SH  SOLE                     41,900
DARDEN RESTAURANTS INC           COM       237194105       988     35,400  SH  SOLE                     35,400
DEERE & CO                       COM       244199105     2,627     69,400  SH  SOLE                     69,400
DELL COMPUTER CORP               COM       247025109    19,979    764,000  SH  SOLE                    764,000

               FAIR MARKET VALUE                       158,980



DELPHI AUTOMOTIVE SYS CORP       COM       247126105     2,634    165,375  SH  SOLE                    165,375
DELTA AIR LINES INC DEL          COM       247361108     1,600     36,300  SH  SOLE                     36,300
DELUXE CORP                      COM       248019101       616     21,300  SH  SOLE                     21,300
DEVON ENERGY CORP                COM       25179M103     1,995     38,000  SH  SOLE                     38,000
DILLARDS INC                     CL A      254067101       395     25,900  SH  SOLE                     25,900
DISNEY WALT CO                   COM       254687106    17,748    614,342  SH  SOLE                    614,342
DOLLAR GEN CORP                  COM       256669102     1,903     97,611  SH  SOLE                     97,611
DOMINION RES INC VA              COM       25746U109     4,244     70,584  SH  SOLE                     70,584
DONNELLEY R R & SONS CO          COM       257867101     1,069     36,000  SH  SOLE                     36,000
DOVER CORP                       COM       260003108     2,259     60,000  SH  SOLE                     60,000
DOW CHEM CO                      COM       260543103     8,803    264,759  SH  SOLE                    264,759
DOW JONES & CO INC               COM       260561105     1,541     25,800  SH  SOLE                     25,800
DTE ENERGY CO                    COM       233331107     2,345     50,500  SH  SOLE                     50,500
DU PONT E I DE NEMOURS & CO      COM       263534109    14,858    307,994  SH  SOLE                    307,994
DUKE ENERGY CORP                 COM       264399106     8,832    226,394  SH  SOLE                    226,394
DYNEGY INC                       CL A      26816Q101     4,426     95,400  SH  SOLE                     95,400
EASTMAN CHEM CO                  COM       277432100     1,079     22,646  SH  SOLE                     22,646
EASTMAN KODAK CO                 COM       277461109     4,137     88,631  SH  SOLE                     88,631
EATON CORP                       COM       278058102     1,416     20,200  SH  SOLE                     20,200
ECOLAB INC                       COM       278865100     1,536     37,500  SH  SOLE                     37,500
EDISON INTL                      COM       281020107     1,073     96,200  SH  SOLE                     96,200
EL PASO CORP                     COM       28336L109     7,712    146,780  SH  SOLE                    146,780
ELECTRONIC DATA SYS CORP         COM       285661104     8,631    138,100  SH  SOLE                    138,100
EMC CORP MASS                    COM       268648102    18,786    646,206  SH  SOLE                    646,206
EMERSON ELEC CO                  COM       291011104     7,665    126,700  SH  SOLE                    126,700
EMULEX CORP                      COM NEW   292475209    25,816    657,733  SH  SOLE                    657,733
ENGAGE INC                       COM       292827102        12     17,919  SH  SOLE                     17,919
ENGELHARD CORP                   COM       292845104       972     37,700  SH  SOLE                     37,700
ENRON CORP                       COM       293561106    10,801    220,372  SH  SOLE                    220,372
ENTERGY CORP                     COM       29364G103     2,526     65,800  SH  SOLE                     65,800
EOG RES INC                      COM       26875P101     1,226     34,500  SH  SOLE                     34,500

               FAIR MARKET VALUE                       168,656



EQUIFAX INC                      COM       294429105     1,537     41,900  SH  SOLE                     41,900
ESOFT INC                        COM       296904105       462    427,466  SH  SOLE                    427,466
EXELON CORP                      COM       30161N101     6,026     93,987  SH  SOLE                     93,987
EXXON MOBIL CORP                 COM       30231G102    89,670  1,026,559  SH  SOLE                  1,026,559
FANNIE MAE                       COM       313586109    25,332    297,500  SH  SOLE                    297,500
FEDERATED DEPT STORES INC DEL    COM       31410H101     2,495     58,702  SH  SOLE                     58,702
FEDEX CORP                       COM       31428X106     3,519     87,540  SH  SOLE                     87,540
FIFTH THIRD BANCORP              COM       316773100    10,075    167,773  SH  SOLE                    167,773
FIRST DATA CORP                  COM       319963104     7,493    116,600  SH  SOLE                    116,600
FIRST UN CORP                    COM       337358105    10,108    289,306  SH  SOLE                    289,306
FIRSTENERGY CORP                 COM       337932107     2,142     66,600  SH  SOLE                     66,600
FISERV INC                       COM       337738108     2,342     36,600  SH  SOLE                     36,600
FLEET BOSTON FINL CORP           COM       339030108    12,617    319,821  SH  SOLE                    319,821
FLUOR CORP                       COM       343412102       984     21,800  SH  SOLE                     21,800
FMC CORP                         COM       302491303       617      9,000  SH  SOLE                      9,000
FORD MTR CO DEL                  COM   PAR 345370860    13,442    547,543  SH  SOLE                    547,543
                                 $0.01
FOREST LABS INC                  CL A      345838106     3,699     52,100  SH  SOLE                     52,100
FORTUNE BRANDS INC               COM       349631101     1,752     45,676  SH  SOLE                     45,676
FPL GROUP INC                    COM       302571104     3,145     52,235  SH  SOLE                     52,235
FRANKLIN RES INC                 COM       354613101     3,575     78,100  SH  SOLE                     78,100
FREDDIE MAC CORP                 COM       313400301    14,331    205,332  SH  SOLE                    205,332
FREEPORT MCMORAN COPPER & GOLD   CL A      35671D857       484     43,780  SH  SOLE                     43,780
GANNETT INC                      COM       364730101     5,134     77,900  SH  SOLE                     77,900
GAP INC                          COM       364760108     7,278    250,974  SH  SOLE                    250,974
GATEWAY INC                      COM       367626108     1,568     95,300  SH  SOLE                     95,300
GENERAL DYNAMICS CORP            COM       369550108     4,575     58,800  SH  SOLE                     58,800
GENERAL ELEC CO                  COM       369604103   142,656  2,926,280  SH  SOLE                  2,926,280
GENERAL MLS INC                  COM       370334104     3,669     83,800  SH  SOLE                     83,800

               FAIR MARKET VALUE                       380,727



GENERAL MTRS CORP                COM       370442105    10,416    161,870  SH  SOLE                    161,870
GENUINE PARTS CO                 COM       372460105     1,608     51,050  SH  SOLE                     51,050
GEORGIA PAC CORP                 COM       373298108     2,255     66,606  SH  SOLE                     66,606
GILLETTE CO                      COM       375766102     9,016    311,000  SH  SOLE                    311,000
GLOBAL CROSSING LTD              COM       G3921A100     2,260    261,595  SH  SOLE                    261,595
GOLDEN WEST FINL CORP DEL        COM       381317106     3,000     46,700  SH  SOLE                     46,700
GOODRICH CORP                    COM       382388106     1,155     30,400  SH  SOLE                     30,400
GOODYEAR TIRE & RUBR CO          COM       382550101     1,313     46,900  SH  SOLE                     46,900
GPU INC                          COM       36225X100     1,262     35,900  SH  SOLE                     35,900
GRAINGER W W INC                 COM       384802104     1,144     27,800  SH  SOLE                     27,800
GREAT LAKES CHEM CORP            COM       390568103       460     14,900  SH  SOLE                     14,900
GUIDANT CORP                     COM       401698105     3,269     90,800  SH  SOLE                     90,800
HALLIBURTON CO                   COM       406216101     4,651    130,650  SH  SOLE                    130,650
HARCOURT GEN INC                 COM       41163G101     1,263     21,700  SH  SOLE                     21,700
HARLEY DAVIDSON INC              COM       412822108     4,214     89,500  SH  SOLE                     89,500
HARRAHS ENTMT INC                COM       413619107     1,216     34,450  SH  SOLE                     34,450
HARTFORD FINL SVCS GROUP INC     COM       416515104     4,770     69,736  SH  SOLE                     69,736
HASBRO INC                       COM       418056107       735     50,850  SH  SOLE                     50,850
HCA INC                          COM       404119109     7,373    163,150  SH  SOLE                    163,150
HEALTHSOUTH CORP                 COM       421924101     1,822    114,100  SH  SOLE                    114,100
HEINZ H J CO                     COM       423074103     4,199    102,700  SH  SOLE                    102,700
HERCULES INC                     COM       427056106       358     31,704  SH  SOLE                     31,704
HERSHEY FOODS CORP               COM       427866108     2,475     40,100  SH  SOLE                     40,100
HEWLETT PACKARD CO               COM       428236103    16,321    570,676  SH  SOLE                    570,676
HILTON HOTELS CORP               COM       432848109     1,262    108,800  SH  SOLE                    108,800
HOME DEPOT INC                   COM       437076102    31,838    683,950  SH  SOLE                    683,950
HOMESTAKE MNG CO                 COM       437614100       604     77,704  SH  SOLE                     77,704
HONEYWELL INTL INC               COM       438516106     8,242    235,544  SH  SOLE                    235,544
HOUSEHOLD INTL INC               COM       441815107     9,275    139,048  SH  SOLE                    139,048
HUMANA INC                       COM       444859102       492     49,900  SH  SOLE                     49,900
HUNTINGTON BANCSHARES INC        COM       446150104     1,210     74,022  SH  SOLE                     74,022

               FAIR MARKET VALUE                       139,478



IBM CORP                         COM       459200101    58,545    518,096  SH  SOLE                    518,096
ILLINOIS TOOL WKS INC            COM       452308109     5,646     89,200  SH  SOLE                     89,200
IMS HEALTH INC                   COM       449934108     2,471     86,700  SH  SOLE                     86,700
INCO LTD                         COM       453258402       928     53,742  SH  SOLE                     53,742
INFOINTERACTIVE                  ORD       456918101     2,537  1,803,922  SH  SOLE                  1,803,922
INGERSOLL RAND CO                COM       456866102     1,955     47,450  SH  SOLE                     47,450
INTEGRATED TELECOM EXPRESS INC   COM       45817U101     2,886  1,428,571  SH  SOLE                  1,428,571
INTEL CORP CALIF                 COM       458140100    52,304  1,788,172  SH  SOLE                  1,788,172
INTERACTIVE INTELLIGENCE INC     COM       45839M103     6,570    600,000  SH  DEFINED                            600,000
INTERNATIONAL PAPER CO           COM       460146103     5,075    142,165  SH  SOLE                    142,165
INTERNET SEC SYS  INC            COM       46060X107     1,997     41,121  SH  SOLE                     41,121
INTERPUBLIC GROUP COS INC        COM       460690100     2,665     90,800  SH  SOLE                     90,800
INTERTRUST TECHNOLOGIES CORP     COM       46113Q109         4    874,718  SH  DEFINED                            874,718
INTL FLAVORS & FRAGRANCES INC    COM       459506101       725     28,843  SH  SOLE                     28,843
INTUIT                           COM       461202103     2,443     61,100  SH  SOLE                     61,100
ITT INDS INC IND                 COM       450911102     1,145     25,885  SH  SOLE                     25,885
ITXC CORPORATION                 COM       45069F109    10,167  2,037,500  SH  SOLE                  2,037,500
J P MORGAN CHASE & CO            COM       46625H100    25,060    561,877  SH  SOLE                    561,877
JABIL CIRCUIT INC                COM       466313103     1,737     56,300  SH  SOLE                     56,300
JDS UNIPHASE CORP                COM       46612J101     5,189    413,717  SH  SOLE                    413,717
JEFFERSON PILOT CORP             COM       475070108     2,204     45,612  SH  SOLE                     45,612
JOHNSON & JOHNSON                COM       478160104    44,474    889,480  SH  SOLE                    889,480
JOHNSON CTLS INC                 COM       478366107     1,848     25,500  SH  SOLE                     25,500
K MART CORP                      COM       482584109     1,638    142,773  SH  SOLE                    142,773
KANA COMMUNICATIONS INC          COM       483600102       272    133,291  SH  SOLE                    133,291
KB HOME                          COM       48666K109       394     13,074  SH  SOLE                     13,074
KELLOGG CO                       COM       487836108     3,474    119,778  SH  SOLE                    119,778
KERR MCGEE CORP                  COM       492386107     1,847     27,867  SH  SOLE                     27,867
KEYCORP                          COM       493267108     3,277    125,782  SH  SOLE                    125,782
KEYSPAN CORP                     COM       49337W100     1,452     39,800  SH  SOLE                     39,800

               FAIR MARKET VALUE                       250,929



KIMBERLY CLARK CORP              COM       494368103     8,815    157,700  SH  SOLE                    157,700
KINDER MORGAN INC KANS           COM       49455P101     1,693     33,700  SH  SOLE                     33,700
KING PHARMACEUTICALS INC         COM       495582108     2,677     49,800  SH  SOLE                     49,800
KLA TENCOR CORP                  COM       482480100     3,187     54,500  SH  SOLE                     54,500
KNIGHT RIDDER INC                COM       499040103     1,287     21,700  SH  SOLE                     21,700
KOHLS CORP                       COM       500255104     6,141     97,900  SH  SOLE                     97,900
KROGER CO                        COM       501044101     6,043    241,700  SH  SOLE                    241,700
LASTMINUTE.COM PLC               SPONSORED 518129101     2,095  4,487,710  SH  SOLE                  4,487,710
                                 ADR
LEGGETT & PLATT INC              COM       524660107     1,276     57,900  SH  SOLE                     57,900
LEHMAN BROS HLDGS INC            COM       524908100     5,750     74,000  SH  SOLE                     74,000
LEXMARK INTERNATIONAL INC        COM       529771107     2,522     37,500  SH  SOLE                     37,500
LIGHTSPAN INC                    COM       53226T103     3,080    319,867  SH  SOLE                    319,867
LILLY ELI & CO                   COM       532457108    24,632    332,870  SH  SOLE                    332,870
LIMITED INC                      COM       532716107     2,078    125,766  SH  SOLE                    125,766
LINCOLN NATL CORP IND            COM       534187109     2,924     56,500  SH  SOLE                     56,500
LINEAR TECHNOLOGY CORP           COM       535678106     4,135     93,500  SH  SOLE                     93,500
LIQUID AUDIO INC                 COM       53631T102     7,446  2,515,708  SH  SOLE                  2,515,708
LIZ CLAIBORNE INC                COM       539320101       772     15,300  SH  SOLE                     15,300
LOCKHEED MARTIN CORP             COM       539830109     4,714    127,244  SH  SOLE                    127,244
LOEWS CORP                       COM       540424108     3,756     58,300  SH  SOLE                     58,300
LONGS DRUG STORES CORP           COM       543162101       239     11,100  SH  SOLE                     11,100
LOUISIANA PAC CORP               COM       546347105       360     30,700  SH  SOLE                     30,700
LOWES COS INC                    COM       548661107     8,205    113,100  SH  SOLE                    113,100
LSI LOGIC CORP                   COM       502161102     1,983    105,480  SH  SOLE                    105,480
LUCENT TECHNOLOGIES INC          COM       549463107     6,232  1,005,046  SH  SOLE                  1,005,046
MANOR CARE INC                   COM       564055101       965     30,400  SH  SOLE                     30,400
MARRIOTT INTL INC                CL A      571903202     3,353     70,834  SH  SOLE                     70,834
MARSH & MCLENNAN COS INC         COM       571748102     8,199     81,179  SH  SOLE                     81,179
MARVELL TECHNOLOGY GROUP LTD     ORD       G5876H105     7,690    288,976  SH  SOLE                    288,976
MASCO CORP                       COM       574599106     3,290    131,800  SH  SOLE                    131,800
MATTEL INC                       COM       577081102     2,384    126,016  SH  SOLE                    126,016

               FAIR MARKET VALUE                       137,923



MAXIM INTEGRATED PRODS INC       COM       57772K101     4,218     95,400  SH  SOLE                     95,400
MAY DEPT STORES CO               COM       577778103     3,015     88,000  SH  SOLE                     88,000
MAYTAG CORP                      COM       578592107       666     22,773  SH  SOLE                     22,773
MBIA INC                         COM       55262C100     2,430     43,650  SH  SOLE                     43,650
MBNA CORP                        COM       55262L100     8,289    251,530  SH  SOLE                    251,530
MCDERMOTT INTL INC               COM       580037109       209     17,900  SH  SOLE                     17,900
MCDONALDS CORP COM               COM       580135101    10,478    387,228  SH  SOLE                    387,228
MCGRAW HILL COS INC              COM       580645109     3,818     57,716  SH  SOLE                     57,716
MCKESSON HBOC INC                COM       58155Q103     3,123     84,138  SH  SOLE                     84,138
MEAD CORP                        COM       582834107       792     29,200  SH  SOLE                     29,200
MEDIMMUNE INC                    COM       584699102     2,955     62,600  SH  SOLE                     62,600
MEDTRONIC INC                    COM       585055106    16,325    354,812  SH  SOLE                    354,812
MELLON FINL CORP                 COM       58551A108     6,609    144,060  SH  SOLE                    144,060
MERCK & CO INC                   COM       589331107    43,526    681,058  SH  SOLE                    681,058
MERCURY INTERACTIVE CORP         COM       589405109     1,432     23,900  SH  SOLE                     23,900
MEREDITH CORP                    COM       589433101       526     14,700  SH  SOLE                     14,700
MERRILL LYNCH & CO INC           COM       590188108    14,136    238,588  SH  SOLE                    238,588
METLIFE INC                      COM       59156R108     6,995    225,800  SH  SOLE                    225,800
MGIC INVT CORP WIS               COM       552848103     2,288     31,500  SH  SOLE                     31,500
MICRON TECHNOLOGY INC            COM       595112103     7,201    175,200  SH  SOLE                    175,200
MICROSOFT CORP                   COM       594918104   115,019  1,575,600  SH  SOLE                  1,575,600
MILLIPORE CORP                   COM       601073109       849     13,700  SH  SOLE                     13,700
MINNESOTA MNG & MFG CO           COM       604059105    13,350    117,000  SH  SOLE                    117,000
MIRANT CORP                      COM       604675108     3,439     99,982  SH  SOLE                     99,982
MOLEX INC                        COM       608554101     2,108     57,700  SH  SOLE                     57,700
MOODYS CORP                      COM       615369105     1,605     47,900  SH  SOLE                     47,900
MORGAN STANLEY DEAN WTTER & CO   COM       617446448    21,187    329,858  SH  SOLE                    329,858
MOTOROLA INC                     COM       620076109    10,683    645,105  SH  SOLE                    645,105
NABORS INDS INC                  COM       629568106     1,618     43,500  SH  SOLE                     43,500
NATIONAL CITY CORP               COM       635405103     5,538    179,926  SH  SOLE                    179,926
NATIONAL SEMICONDUCTOR CORP      COM       637640103     1,500     51,500  SH  SOLE                     51,500

               FAIR MARKET VALUE                       315,927



NATIONAL SVC INDS INC            COM       637657107       275     12,200  SH  SOLE                     12,200
NATURAL MICROSYSTEMS             COM       638882100       203     33,774  SH  SOLE                     33,774
NAVISTAR INTL CORP               COM       63934E108       491     17,460  SH  SOLE                     17,460
NCR CORP                         COM       62886E108     1,330     28,300  SH  SOLE                     28,300
NETWORK APPLIANCE INC            COM       64120L104     1,297     94,700  SH  SOLE                     94,700
NEW YORK TIMES CO                CL A      650111107     2,008     47,800  SH  SOLE                     47,800
NEWELL RUBBERMAID INC            COM       651229106     1,976     78,706  SH  SOLE                     78,706
NEWMONT MINING CORP              COM       651639106     1,057     56,814  SH  SOLE                     56,814
NEXTEL COMMUNICATIONS INC        CL A      65332V103     3,938    225,000  SH  SOLE                    225,000
NIAGARA MOHAWK HLDGS INC         COM       653520106       839     47,400  SH  SOLE                     47,400
NICOR INC                        COM       654086107       522     13,400  SH  SOLE                     13,400
NIKE INC                         CL B      654106103     3,347     79,700  SH  SOLE                     79,700
NISOURCE INC                     COM       65473P105     1,645     60,200  SH  SOLE                     60,200
NOBLE DRILLING CORP              COM       655042109     1,300     39,700  SH  SOLE                     39,700
NORDSTROM INC WASH               COM       655664100       735     39,600  SH  SOLE                     39,600
NORFOLK SOUTHN CORP              COM       655844108     2,351    113,524  SH  SOLE                    113,524
NORTEL NETWORKS CORP             COM       656568102     8,534    939,536  SH  SOLE                    939,536
NORTHERN TR CORP                 COM       665859104     4,094     65,500  SH  SOLE                     65,500
NORTHROP GRUMMAN CORP            COM       666807102     2,011     25,109  SH  SOLE                     25,109
NOVATEL WIRELESS INC             COM       66987M109       865    434,782  SH  SOLE                    434,782
NOVELL INC                       COM       670006105       534     93,795  SH  SOLE                     93,795
NOVELLUS SYS INC                 COM       670008101     2,362     41,600  SH  SOLE                     41,600
NUANCE COMMUNICATIONS CORP       COM       669967101     2,235    128,889  SH  SOLE                    128,889
NUCOR CORP                       COM       670346105     1,120     22,900  SH  SOLE                     22,900
OCCIDENTAL PETE CORP             COM       674599105     2,901    109,100  SH  SOLE                    109,100
OFFICE DEPOT INC                 COM       676220106       913     88,000  SH  SOLE                     88,000
OMNICOM GROUP INC                COM       681919106     4,498     52,300  SH  SOLE                     52,300
ONEOK INC                        COM       682680103       339     17,200  SH  SOLE                     17,200
ORACLE CORPORATION               COM       68389X105    31,342  1,649,584  SH  SOLE                  1,649,584
PACCAR INC                       COM       693718108     1,162     22,600  SH  SOLE                     22,600
PACTIV CORP                      COM       695257105       626     46,730  SH  SOLE                     46,730

               FAIR MARKET VALUE                        86,850



PALL CORP                        COM       696429307       852     36,200  SH  SOLE                     36,200
PALM INC                         COM       696642107     1,015    167,267  SH  SOLE                    167,267
PANJA INC                        COM       698493103     1,313    328,212  SH  SOLE                    328,212
PARAMETRIC TECHNOLOGY CORP       COM       699173100     1,097     78,400  SH  SOLE                     78,400
PARKER HANNIFIN CORP             COM       701094104     1,462     34,450  SH  SOLE                     34,450
PAYCHEX INC                      COM       704326107     4,407    110,175  SH  SOLE                    110,175
PENNEY J C INC                   COM       708160106     2,042     77,478  SH  SOLE                     77,478
PEOPLES ENERGY CORP ILL          COM       711030106       416     10,349  SH  SOLE                     10,349
PEOPLESOFT INC                   COM       712713106     4,150     84,300  SH  SOLE                     84,300
PEPSI BOTTLING GROUP INC         COM       713409100     1,628     40,600  SH  SOLE                     40,600
PEPSICO INC                      COM       713448108    18,843    426,322  SH  SOLE                    426,322
PEREGRINE SYSTEMS INC            COM       71366Q101     4,143    135,093  SH  SOLE                    135,093
PEREGRINE SYSTEMS INC            COM       71366Q101     1,213     41,833  SH  DEFINED                             41,833
PEREGRINE SYSTEMS INC            COM       71366Q101       243      8,367  SH  OTHER*             1                 8,367
PEREGRINE SYSTEMS INC            COM       71366Q101     2,013     69,427  SH  OTHER*             2                69,427
PEREGRINE SYSTEMS INC            COM       71366Q101     3,045    104,986  SH  OTHER*                             104,986
PERKINELMER INC                  COM       714046109       812     29,496  SH  SOLE                     29,496
PERSISTENCE SOFTWARE INC         COM       715329108       391    651,048  SH  SOLE                    651,048
PFIZER INC                       COM       717081103    74,616  1,863,070  SH  SOLE                  1,863,070
PG&E CORP                        COM       69331C108     1,280    114,298  SH  SOLE                    114,298
PHARMACIA CORP                   COM       71713U102    17,499    380,829  SH  SOLE                    380,829
PHELPS DODGE CORP                COM       717265102       968     23,318  SH  SOLE                     23,318
PHILIP MORRIS COS INC            COM       718154107    33,323    656,609  SH  SOLE                    656,609
PHILLIPS PETE CO                 COM       718507106     4,292     75,300  SH  SOLE                     75,300
PICTURETEL CORPORATION           COM NEW   720035302    35,043  6,257,708  SH  SOLE                  6,257,708
PINNACLE SYSTEMS                 COM       723481107     1,602    262,139  SH  SOLE                    262,139
PINNACLE WEST CAP CORP           COM       723484101     1,185     25,000  SH  SOLE                     25,000
PITNEY BOWES INC                 COM       724479100     3,134     74,400  SH  SOLE                     74,400
PLACER DOME INC                  COM       725906101       949     96,800  SH  SOLE                     96,800
PNC FINANCIAL SERVICES GROUP     COM       693475105     5,625     85,500  SH  SOLE                     85,500

POLYCOM INC                      COM       73172K104     4,688    210,777  SH  DEFINED                           210,777
POTLATCH CORP                    COM       737628107       289      8,400  SH  SOLE                      8,400
POWER-ONE INC                    COM       739308104       386     23,200  SH  SOLE                     23,200

               FAIR MARKET VALUE                       233,964




PPG INDS INC                     COM       693506107     2,611     49,672  SH  SOLE                     49,672
PPL CORP                         COM       69351T106     2,360     42,900  SH  SOLE                     42,900
PRAXAIR INC                      COM       74005P104     2,203     46,878  SH  SOLE                     46,878
PRICE T ROWE GROUP INC           COM       74144T108     1,342     35,900  SH  SOLE                     35,900
PROCTER & GAMBLE CO              COM       742718109    24,492    383,890  SH  SOLE                    383,890
PROGRESS ENERGY INC              COM       743263105     2,730     60,776  SH  SOLE                     60,776
PROGRESS ENERGY INC CVO          COM       743263AA3         0     21,100  SH  SOLE                     21,100
PROGRESSIVE CORP OHIO            COM       743315103     2,934     21,700  SH  SOLE                     21,700
PROVIDIAN FINL CORP              COM       74406A102     5,002     84,500  SH  SOLE                     84,500
PUBLIC SVC ENTERPRISE GROUP      COM       744573106     3,098     63,344  SH  SOLE                     63,344
PULTE HOMES INC                  COM       745867101       512     12,000  SH  SOLE                     12,000
QLOGIC CORP                      COM       747277101    11,252    175,000  SH  SOLE                    175,000
QUAKER OATS CO                   COM       747402105     3,559     39,000  SH  SOLE                     39,000
QUALCOMM INC                     COM       747525103    13,018    222,600  SH  SOLE                    222,600
QUINTILES TRANSNATIONAL CORP     COM       748767100       861     34,100  SH  SOLE                     34,100
QWEST COMMUNICATIONS INTL INC    COM       749121109    15,587    489,087  SH  SOLE                    489,087
RADIO SHACK CORP                 COM       750438103     1,674     54,900  SH  SOLE                     54,900
RADISYS CORPORATION              COM       750459109    31,053  1,365,562  SH  SOLE                  1,365,562
RAINDANCE COMM                   COM       75086X106     2,982  2,444,444  SH  SOLE                  2,444,444
RALSTON PURINA CO                COM       751277302     2,744     91,400  SH  SOLE                     91,400
RAYTHEON CO                      COM       755111507     2,675    100,756  SH  SOLE                    100,756
RED HAT SOFTWARE INC             COM       756577102     2,506    603,879  SH  SOLE                    603,879
REEBOK INTL LTD                  COM       758110100       543     17,000  SH  SOLE                     17,000
REGIONS FINL CORP                COM       758940100     2,285     71,400  SH  SOLE                     71,400
RELIANT ENERGY INC               COM       75952J108     2,800     86,945  SH  SOLE                     86,945
RESEARCH IN MOTION LTD           COM       760975102    11,140    346,058  SH  SOLE                    346,058
ROBERT HALF INTL INC             COM       770323103     1,304     52,400  SH  SOLE                     52,400
ROCKWELL INTL CORP               COM       773903109     2,051     53,800  SH  SOLE                     53,800

               FAIR MARKET VALUE                       155,318




ROGUE WAVE SOFTWARE INC          COM       775369101       344     78,542  SH  DEFINED                             78,542
ROGUE WAVE SOFTWARE INC          COM       775369101        40      9,201  SH  OTHER*                              9,201

ROHM & HAAS CO                   COM       775371107     2,135     64,905  SH  SOLE                     64,905
ROWAN COS INC                    COM       779382100       617     27,900  SH  SOLE                     27,900
ROYAL DUTCH PETE CO              NY    REG 780257804    36,740    630,520  SH  SOLE                    630,520
                                 GLD1.25
RYDER SYS INC                    COM       783549108       347     17,700  SH  SOLE                     17,700
SABRE GROUP HLDGS INC            CL A      785905100     1,943     38,863  SH  SOLE                     38,863
SAFECO CORP                      COM       786429100     1,112     37,700  SH  SOLE                     37,700
SAFEWAY INC                      COM       786514208     7,099    147,900  SH  SOLE                    147,900
SANMINA CORP                     COM       800907107     2,119     90,500  SH  SOLE                     90,500
SAPIENT CORP                     COM       803062108       350     35,900  SH  SOLE                     35,900
SARA LEE CORP                    COM       803111103     4,396    232,100  SH  SOLE                    232,100
SBC COMMUNICATIONS INC           COM       78387G103    40,042    999,556  SH  SOLE                    999,556
SCHERING PLOUGH CORP             COM       806605101    15,646    431,740  SH  SOLE                    431,740
SCHLUMBERGER LTD                 COM       806857108     8,898    169,000  SH  SOLE                    169,000
SCHWAB CHARLES CORP              COM       808513105     6,270    408,550  SH  SOLE                    408,550
SCIENTIFIC ATLANTA INC           COM       808655104     1,937     47,700  SH  SOLE                     47,700
SEALED AIR CORP                  COM       81211K100       922     24,762  SH  SOLE                     24,762
SEARS ROEBUCK & CO               COM       812387108     4,176     98,700  SH  SOLE                     98,700
SELECTICA INC                    COM       816288104       655    154,233  SH  SOLE                    154,233
SELECTICA INC                    COM       816288104       602    141,621  SH  DEFINED                            141,621
SELECTICA INC                    COM       816288104       161     37,552  SH  OTHER              1                37,552
SELECTICA INC                    COM       816288104       426     99,514  SH  OTHER              2                99,514
SELECTICA INC                    COM       816288104      1286    300,421  SH  OTHER*                             300,421
SEMPRA ENERGY                    COM       816851109     1,651     60,372  SH  SOLE                     60,372
SHERWIN WILLIAMS CO              COM       824348106     1,055     47,500  SH  SOLE                     47,500
SIEBEL SYS INC                   COM       826170102     5,947    126,800  SH  SOLE                    126,800
SIGMA ALDRICH CORP               COM       826552101       881     22,800  SH  SOLE                     22,800

               FAIR MARKET VALUE                       147,797



SIGNALSOFT CORP                  COM       82668M102     5,078    506,757  SH  SOLE                    506,757
SILVERSTREAM SOFTWARE INC        COM       827907106       319     45,179  SH  DEFINED                             45,179
SILVERSTREAM SOFTWARE INC        COM       827907106     2,122    301,054  SH  SOLE                    301,054
SIMPLEX SOLUTIONS INC            COM       828854109    15,008    622,222  SH  SOLE                    622,222
SNAP ON INC                      COM       833034101       416     17,200  SH  SOLE                     17,200
SOLECTRON CORP                   COM       834182107     3,488    190,600  SH  SOLE                    190,600
SOUTHERN CO                      COM       842587107     4,641    199,600  SH  SOLE                    199,600
SOUTHTRUST CORP                  COM       844730101     2,600    100,000  SH  SOLE                    100,000
SOUTHWEST AIRLS CO               COM       844741108     4,138    223,814  SH  SOLE                    223,814
SPEECHWORKS INTL INC             COM       84764M101     2,081    143,617  SH  DEFINED                            143,617
SPRINT CORP                      COM   FON 852061100     5,577    261,096  SH  SOLE                    261,096
                                 GROUP
SPRINT CORP                      PCS   COM 852061506     6,647    275,248  SH  SOLE                    275,248
                                 SER 1
ST JUDE MED INC                  COM       790849103     1,505     25,088  SH  SOLE                     25,088
ST PAUL COS INC                  COM       792860108     3,257     64,246  SH  SOLE                     64,246
STANDARD MICROSYSTEMS CORP       COM       853626109    24,834  1,542,506  SH  SOLE                  1,542,506
STANLEY WKS                      COM       854616109     1,061     25,340  SH  SOLE                     25,340
STAPLES INC                      COM       855030102     2,139    133,750  SH  SOLE                    133,750
STARBUCKS CORP                   COM       855244109     2,571    111,800  SH  SOLE                    111,800
STARWOOD HOTELS & RESORTS        COM       85590A203     2,125     57,000  SH  SOLE                     57,000
STATE STREET CORP                COM       857477103     4,726     95,500  SH  SOLE                     95,500
STILWELL FINL INC                COM       860831106     2,205     65,700  SH  SOLE                     65,700
STRYKER CORP                     COM       863667101     3,170     57,800  SH  SOLE                     57,800
STYLECLICK INC                   CL A      86422L102       226    219,868  SH  SOLE                    219,868
SUN MICROSYSTEMS INC             COM       866810104    15,133    962,664  SH  SOLE                    962,664
SUNOCO INC                       COM       86764P109       917     25,045  SH  SOLE                     25,045
SUNTRUST BKS INC                 COM       867914103     5,665     87,450  SH  SOLE                     87,450
SUPERVALU INC                    COM       868536103       686     39,100  SH  SOLE                     39,100
SYMBOL TECHNOLOGIES INC          COM       871508107    72,494  3,244,001  SH  SOLE                  3,244,001

               FAIR MARKET VALUE                       194,829



SYNOVUS FINL CORP                COM       87161C105     2,667     85,000  SH  SOLE                     85,000
SYSCO CORP                       COM       871829107     5,419    199,600  SH  SOLE                    199,600
TARGET CORP                      COM       87612E106     9,155    264,600  SH  SOLE                    264,600
TEKTRONIX INC                    COM       879131100       758     27,934  SH  SOLE                     27,934
TELLABS INC                      COM       879664100     2,349    121,200  SH  SOLE                    121,200
TEMPLE INLAND INC                COM       879868107       778     14,600  SH  SOLE                     14,600
TENET HEALTHCARE CORP            COM       88033G100     4,889     94,757  SH  SOLE                     94,757
TERADYNE INC                     COM       880770102     1,715     51,500  SH  SOLE                     51,500
TERAYON COMMUNICATION SYS        COM       880775101       525     88,428  SH  DEFINED                             88,428
TEXACO INC                       COM       881694103    10,824    162,500  SH  SOLE                    162,500
TEXAS INSTRS INC                 COM       882508104    19,390    610,514  SH  SOLE                    610,514
TEXTRON INC                      COM       883203101     2,312     42,000  SH  SOLE                     42,000
THERMO ELECTRON CORP             COM       883556102     1,171     53,200  SH  SOLE                     53,200
THOMAS & BETTS CORP              COM       884315102       377     17,100  SH  SOLE                     17,100
TIFFANY & CO                     COM       886547108     1,557     43,000  SH  SOLE                     43,000
TIMKEN CO                        COM       887389104       302     17,800  SH  SOLE                     17,800
TJX COS INC                      COM       872540109     2,632     82,600  SH  SOLE                     82,600
TMP WORLDWIDE INC                COM       872941109     1,836     30,600  SH  SOLE                     30,600
TORCHMARK CORP                   COM       891027104     1,500     37,300  SH  SOLE                     37,300
TOSCO CORP                       COM       891490302     1,885     42,800  SH  SOLE                     42,800
TOYS R US INC                    COM       892335100     1,443     58,300  SH  SOLE                     58,300
TRANSOCEAN SEDCO FOREX INC       COM       G90078109     3,860     93,586  SH  SOLE                     93,586
TRIBUNE CO                       COM       896047107     3,568     89,173  SH  SOLE                     89,173
TRICON GLOBAL RESTAURANTS INC    COM       895953107     1,893     43,132  SH  SOLE                     43,132
TRW INC                          COM       872649108     1,509     36,800  SH  SOLE                     36,800
TUPPERWARE CORP                  COM       899896104       399     17,050  SH  SOLE                     17,050
TXU CORP                         COM       873168108     3,673     76,217  SH  SOLE                     76,217
TYCO INTL LTD                    COM       902124106    31,113    570,865  SH  SOLE                    570,865
UNILEVER N V                     N  Y  SHS 904784709    10,058    168,839  SH  SOLE                    168,839
                                 NEW
UNION PAC CORP                   COM       907818108     4,019     73,200  SH  SOLE                     73,200
UNION PLANTERS CORP TENN         COM       908068109     1,792     41,100  SH  SOLE                     41,100

               FAIR MARKET VALUE                       135,368



UNISYS CORP                      COM       909214108     1,370     93,100  SH  SOLE                     93,100
UNITED HEALTH GROUP INC          COM       91324P102     5,835     94,496  SH  SOLE                     94,496
UNITED TECHNOLOGIES CORP         COM       913017109    10,183    139,000  SH  SOLE                    139,000
UNIVISION COMMUNICATIONS INC     COM       914906102     2,610     61,000  SH  SOLE                     61,000
UNOCAL CORP                      COM       915289102     2,449     71,700  SH  SOLE                     71,700
UNUMPROVIDENT CORP               COM       91529Y106     2,286     71,176  SH  SOLE                     71,176
US AIRWAYS GROUP INC             COM       911905107       481     19,800  SH  SOLE                     19,800
US BANCORP DEL                   COM NEW   902973304    12,969    569,079  SH  SOLE                    569,079
USA ED INC                       COM       90390U102     3,541     48,500  SH  SOLE                     48,500
UST INC                          COM       902911106     1,391     48,193  SH  SOLE                     48,193
USX MARATHON GROUP               COM       902905827     2,703     91,600  SH  SOLE                     91,600
USX U S STL GROUP                COM       90337T101       530     26,300  SH  SOLE                     26,300
V F CORP                         COM       918204108     1,222     33,600  SH  SOLE                     33,600
VERITAS SOFTWARE CO              COM       923436109     8,029    120,680  SH  SOLE                    120,680
VERIZON COMMUNICATIONS           COM       92343V104    42,688    797,903  SH  SOLE                    797,903
VIACOM INC                       CL B      925524308    26,660    515,170  SH  SOLE                    515,170
VISTEON CORP                     COM       92839U107       710     38,608  SH  SOLE                     38,608
VITESSE SEMICONDUCTOR CORP       COM       928497106     1,180     56,100  SH  SOLE                     56,100
VTEL CORP                        COM       918333105     1,927  1,632,846  SH  SOLE                  1,632,846
VULCAN MATLS CO                  COM       929160109     1,602     29,800  SH  SOLE                     29,800
WACHOVIA CORP                    COM       929771103     4,404     61,900  SH  SOLE                     61,900
WAL MART STORES INC              COM       931142103    64,370  1,319,066  SH  SOLE                  1,319,066
WALGREEN CO                      COM       931422109    10,255    300,000  SH  SOLE                    300,000
WASHINGTON MUTUAL INC            COM       939322103     9,678    257,734  SH  SOLE                    257,734
WASTE MGMT INC DEL               COM       94106L109     5,661    183,671  SH  SOLE                    183,671
WATSON PHARMACEUTICALS INC       COM       942683103     1,874     30,400  SH  SOLE                     30,400
WELLPOINT HEALTH NETWORK INC     COM       94973H108     1,743     18,500  SH  SOLE                     18,500
WELLS FARGO & CO                 COM       949746101    23,437    504,774  SH  SOLE                    504,774
WENDYS INTL INC                  COM       950590109       858     33,585  SH  SOLE                     33,585
WESTVACO CORP                    COM       961548104       723     29,750  SH  SOLE                     29,750
WEYERHAEUSER CO                  COM       962166104     3,522     64,070  SH  SOLE                     64,070

               FAIR MARKET VALUE                       256,891


WHIRLPOOL CORP                   COM       963320106     1,231     19,700  SH  SOLE                     19,700
WILLAMETTE INDS INC              COM       969133107     1,594     32,200  SH  SOLE                     32,200
WILLIAMS  COMMUNICATIONS   GROUP CL A      969455104    27,399  9,225,093  SH  SOLE                  9,225,093
INC
WILLIAMS COS INC                 COM       969457100     4,705    142,792  SH  SOLE                    142,792
WINDRIVER SYSTEMS INC            COM       973149107       225     12,843  SH  SOLE                     12,843
WINN DIXIE STORES INC            COM       974280109     1,084     41,500  SH  SOLE                     41,500
WORLDCOM INC-MCI GROUP           COM       98157D304       477     29,654  SH  SOLE                     29,654
WORLDCOM INC-WORLDCOM GROUP      COM       98157D106    12,072    850,168  SH  SOLE                    850,168
WORTHINGTON INDS INC             COM       981811102       341     25,100  SH  SOLE                     25,100
WRIGLEY WM JR CO                 COM       982526105     3,120     66,600  SH  SOLE                     66,600
XCEL ENERGY INC                  COM       98389B100     2,862    100,605  SH  SOLE                    100,605
XEROX CORP                       COM       984121103     1,886    197,100  SH  SOLE                    197,100
XILINX INC                       COM       983919101     6,110    146,588  SH  SOLE                    146,588
YAHOO INC                        COM       984332106     3,296    164,900  SH  SOLE                    164,900

               FAIR MARKET VALUE                        66,402

  FAIR MARKET VALUE GRAND TOTAL:                     3,756,345