Pursuant to the requirements of Securities Exchange
act of 1934, the undersigned institutional investment
manager has caused this report to be signed on its behalf
in the City of	CHICAGO and State of ILLINOIS
on the 	13th		day of 	JULY , 2001	 .


		LINCOLN CAPITAL MANAGEMENT COMPANY
		(Name of Institutional Investment Manager)


		(Manual Signature of Person Duly Authorized
		to Submit This Report)

Name and 13F file numbers of ALL Institutional Investment
Managers with respect to which this schedule is filed
(other than the one filing this report):
(List in alphabetical order).

13F File Numbers will be assigned to Institutional Investment
Managers after they file their first report.

Name:		13F File No.:	Name:		13F File No.:
1.				7.
2.				8.
3.				9.
4.				10.
5				11.
6.  				12.
SEC 1685 (5-85)


					(SEC USE ONLY)
	FORM 13F			Name of Reporting Manager:
LINCOLN CAPITAL MANAGEMENT CO.
							Item 8:
							Voting Authority
Item 1:	Item 2:	Item 3:	Item 4:	Item 5:
(Shares)	Name of Issuer	Title of	CUSIP
Fair Market	Shares or	Class	Number	Value	Principal
	(a) Sole	(a) Sole	(b) Shared	(c) None	Amount

General Electric	COM	369604103	976.0 20,019,600
20,019,600	15,239,700 	0      4,779,900
Microsoft	COM	594918104	545.5 7,472,200	7,472,200
5,579,200 	0	1,893,000
Pfizer	COM	717081103	424.7 10,604,875	10,604,875
7,972,575 	0	2,632,300
Tyco International	ADR	902124106	427.9 7,849,100
7,849,100	5,869,500 	0	1,979,600
AOL Time Warner	COM	00184A105	380.4 7,176,900
7,176,900	5,280,800 	0	1,896,100
Home Depot	COM	437076102	381.3 8,190,750	8,190,750
6,072,150 	0	2,118,600
Cisco Systems	COM	17275R102	350.6 19,265,300
19,265,300	14,262,400 	0	5,002,900
Coca Cola	COM	191216100	344.8 7,662,400	7,662,400
5,627,500 	0	2,034,900
Liberty Media	COM	001957208	 310.4 17,748,300
17,748,300	13,053,300 	0	4,695,000
American Home Products	COM	026609107	312.4 5,317,600
5,317,600	3,951,400 	0	      1,366,200
Dell Computer Corp.	COM	247025109	265.9 10,170,100
10,170,100	8,118,700 	0	2,051,400
Schering-Plough	COM	806605101	232.8 6,424,300
6,424,300	4,773,300 	0	1,651,000
Johnson & Johnson	COM	478160104	280.7 5,613,600
5,613,600	4,572,200 	0	1,041,400
Oracle	COM	68389X105	248.6 13,083,300
13,083,300	9,698,200 0	3,385,100
Sun Microsystems	COM	866810104	209.2 13,310,200
13,310,200	9,576,900 	0	3,733,300
Comcast Corp.	COM	200300200	202.7 4,669,400
4,669,400	3,721,600 	0	947,800
EMC Corp.	COM	268648102	217.0 7,420,400
7,420,400	5,480,400 	0	1,940,000
Eli Lilly	COM	532457108	202.0 2,729,100
2,729,100	1,987,600 	0	741,500
Qualcomm Inc.	COM	747525103	196.9 3,366,800
3,366,800	2,481,300 	0	885,500
Capital One Financial	COM	14040H105	187.1
3,110,100	3,110,100	2,264,100 	0	846,000
Veritas Software	COM	923436109	174.4 2,620,700
2,620,700	1,937,300 	0	683,400
CVS Corp.	COM	126650100	174.2 4,513,500
4,513,500	3,401,000	0	1,112,500
Applied Materials	COM	038222105	128.1 2,608,200
2,608,200	 1,918,700 	0	689,500
State Street	COM	857477103	160.4 3,240,400
3,240,400	 2,301,200 	0	939,200
Analog Devices	COM	032654105	154.0 3,561,800
3,561,800	2,654,600 	0	907,200
Forest Labs	COM	345838106	148.7 2,095,000
2,095,000	1,626,700 	0	468,300
Amgen	COM	031162100	147.3 2,427,000	2,427,000
1,773,200	0	653,800
Calpine Corp.	COM	131347106	144.8 3,831,500
3,831,500	2,818,500 	0	1,013,000
Amazon.com	COM	023135106	109.4 7,734,100
7,734,100	5,694,800 	0	2,039,300
Safeway, Inc.	COM	786514208	118.1 2,460,900
2,460,900	1,963,300 	0	497,600
Brocade Comm.	COM	111621108	117.0 2,659,200
2,659,200	2,123,300 	0	535,900
Genzyme General	COM	372917104	121.6 1,994,166
1,994,166	1,462,766 	0	531,400
Solectron	COM	834182107	118.5 6,478,100	6,478,100
4,767,200 	0	1,710,900
Enron Corp.	COM	293561106	109.3 2,226,500	2,226,500
1,777,400 	0	449,100
Abbott Labs	COM	002824100	113.3 2,359,400	2,359,400
1,805,200 	0	554,200
Kraft Foods, Inc.	COM	50075N104	115.2 3,715,900
3,715,900	2,712,500 	0	1,003,400
GlaxoSmithKline PLC-ADR	ADR	37733W105	93.8 	1,668,600
1,668,600	 1,260,900 	0	407,700
Maxim Integrated Products	COM	57772K101	102.2
2,312,200	2,312,200	 1,844,800 	0	467,400
Sprint Corp. (PCS Group)	COM	852061506	99.4
4,114,900	4,114,900	 3,005,300 	0	1,109,600
Linear Technology Corp.	COM	535678106	90.7 	2,050,200
2,050,200	      1,635,900 	0	414,300
Intel	COM	458140100	86.2 	2,946,600	2,946,600
2,352,100 0	594,500
American Express	COM	025816109	109.6 2,825,900
2,825,900	2,058,300 	0	767,600
Juniper Networks	COM	48203R104	87.0 	2,798,800
2,798,800	2,044,100 	0	754,700
Viacom Inc - CL B	COM	925524308	 75.7 1,462,210
1,462,210	1,163,922 	0	298,288
BEA Systems	COM	073325102	72.9 	2,373,700	2,373,700
1,893,500 	0         480,200
Check Point Software Tech	ADR	M22465104	66.2
1,309,949	1,309,949	1,031,750 	0	278,199
Procter & Gamble	COM	742718109	89.6 	1,405,000
1,405,000	1,120,800 	0	284,200
Genentech	COM	368710406	68.5 	1,242,700	1,242,700
989,000 	0	253,700
Siebel Systems	COM	826170102	62.7 	1,337,500
1,337,500	1,066,300 	0	271,200
Broadcom Corp.	COM	111320107	59.6 	1,394,000
1,394,000	1,111,500 	0	282,500
Extreme Networks	COM	30226D106	46.4 	1,573,000
1,573,000	1,254,600 	0	318,400
Serono SA	ADR	81752M101	51.7 	2,073,800	2,073,800
1,621,300 	0	452,500
Fifth Third Bancorp	COM	316773100	57.6 	959,200
959,200	755,500 	0	203,700
Vodafone AirTouch PLC	ADR	92857W100	43.8 	1,961,700
1,961,700	 1,557,700 	0	404,000
Charles Schwab	COM	808513105	49.9 	3,169,750
3,169,750	2,572,100 	0	597,650
American Intl. Group	COM	026874107	99.1 	1,165,600
1,165,600	929,700 	0	235,900
Applera-Applied Bio	COM	038020103	24.6 	920,200
920,200	 721,300 	0	198900
Bristol-Myers Squibb	COM	110122108	77.6 	1,484,700
1,484,700	1,205,400 	0	279300
Corning	COM	219350105	21.5 	1,286,900	1,286,900
1,027,200 	0	259700
Network Appliance	COM	64120L104	0.2 	13,500
13,500	13,500 	0	0
Applied Micro Circuits	COM	03822W109	0.1 	3,000	3,000
3,000	0	0
Automatic Data Corp.	COM	053015103	47.7 	960,000
960,000	 765,700 	0	194300
Metromedia Fiber Network	COM	591689104	12.9
6,344,400	6,344,400	5,066,100 	0	1278300
Prepaid Legal Services Inc.	COM	740065107	13.0 	590,800
590,800	590,800 	0	0
NCO Group Inc.	COM	628858102	8.6 	278,000	278,000
278,000	0	0
Orthodontic Centers of America	COM	68750P103	8.1
265,700	265,700	265,700 	0	0
On Assignment, Inc.	COM	682159108	7.0 	387,200
387,200     387,200 	0	0
Insight Enterprises, Inc.	COM	45765U103	6.7 	271,900
271,900	271,900 	0	0
Parametric Technology Corp.	COM	699173100	5.6 	396,800
396,800	396,800 	0	0
Tech Data Corporation	COM	878237106	5.1 	153,200
153,200	153,200 	0	0
Merck	COM	589331107	5.1 	79,100	79,100	-
0	79100
Hollywood Entertainment Corp.	COM	436141105	4.6 	545,000
545,000	45,000 	0	0
Carnival Corp.	ADR	143658102	4.6 	149,100	149,100
149,100 	0	0
Synopsys Inc.	COM	871607107	4.4 	91,500	91,500
91,500 	0	0
Dollar Tree Stores, Inc.	COM	256747106	4.1 	147,800
147,800	147,800 	0	0
Dycom Industries, Inc.	COM	267475101	4.0 	174,700
174,700	174,700 	0	0
ADC Telecommunications, Inc.	COM	000886101	4.0 	606,200
606,200	606,200 	0	0
Pomeroy Computer Resources	COM	731822102	3.7 	245,500
245,500	245,500 	0	0
Royal Caribbean Cruises Ltd.	COM	V7780T103	3.4 	155,000
155,000	155,000 	0	0
AremisSoft Corp.	ADR	040026106	3.1 	194,300	194,300
194,300 	0	0
F.Y.I. Inc.	COM	302712104	3.1 	76,700	76,700
76,700 0	0
Lincare Holdings Inc.	COM	532791100	3.1 	104,400
104,400	104,400 	0	0
Factory 2-U, Inc.	COM	303072102	2.9 	99,100	99,100
99,100 	0	0
Tetra Tech Inc.	COM	88162G103	2.8 	103,000	103,000	         103,000 	0	0
Mentor Graphics Corp.	COM	587200106	2.8 	159,900
159,900	 159,900 	0	0
Click Commerce, Inc.	COM	18681D109	2.5 	282,000
282,000	282,000 	0	0
Ciber Inc	COM	17163B102	2.4 	259,800	259,800
259,800 0	0
Intl Rectifier Corp	COM	460254105	2.4 	69,500
69,500	69,500 	0	0
Neopharm Inc.	COM	640919106	2.2 	88,000
88,000	88,000 	0	0
Lattice Semiconductor Corp	COM	518415104	2.2 	90,200
90,200	90,200 	0	0
Renal Care Group Inc	COM	759930100	2.1 	65,100
65,100	65,100 	0	0
BSquare Corp	COM	11776U102	2.0 	189,000	189,000
189,000 0	0
Acxiom Corp.	COM	005125109	2.0 	151,600	151,600
151,600 	0	0
Polymedica Corp.	COM	731738100	1.9 	47,300	47,300
47,300 0	0
Ultimate Software Group Inc.	COM	90385D107	1.8 	358,200
358,200	358,200 	0	0
Pericom Semiconductor Corp.	COM	713831105	1.8 	111,700
111,700	111,700 	0	0
Linens N Things, Inc.	COM	535679104	1.7 	62,200
62,200	62,200 	0	0
Cerus Corporation	COM	157085101	1.7 	23,200	23,200
23,200 	0	0
National Instruments Corp.	COM	636518102	1.6 	50,500
50,500	50,500 	0	0
ScanSource, Inc.	COM	806037107	1.4 	28,700	28,700
28,700 	0	0
Administaff Inc.	COM	007094105	1.2 	45,300	45,300
45,300 	0	0
Paychex, Inc.	COM	704326107	1.1 	28,400	28,400
28,400 	0	0
Align Technology, Inc.	COM	016255101	0.8 	96,100
96,100	96,100 	0	0
Avanex Corp.	COM	05348W109	0.6 	63,200	63,200
63,200 	0	0
Galyan's Trading Co.	COM	36458R101	0.5 	25,000
25,000	25,000 	0	0
Nanophase Technologies Corp.	COM	630079101	0.5 	44,400
44,400	44,400 	0	0
AmeriPath, Inc.	COM	03071D109	0.3	10,000	10,000
10,000 	0	0
Informix Corp.	COM	456779107	0.0 	4,679	4,679	4,679
0	0
TOTAL	 	 	10,693.2