13F-HR/A 1 de01552002ac7.txt 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.): [ ] is a restatement. [ x ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Deltec Asset Management LLC Address: 645 Fifth Avenue New York, New York 10022 Form 13F File Number: 28-4706 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: Stephen Zupello Title: Senior Managing Director Phone: (212) 546-6285 Signature, Place, and Date of Signing: /s/ Stephen Zupello New York, New York August 3, 2001 ___________________ __________________ _________________ [Signature] [City, State] [Date] 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 her 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 reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- [Repeat as necessary.] 2 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 297 Form 13F Information Table Value Total: $123,663 [thousands] List of Other Included Managers: NONE 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. No. Form 13F File Number Name 28- [Repeat as necessary.] 3 Form 13F PORTIA REPORT June 30, 2001
TITLE CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER (X1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- ------- ------ ------ ------- --- ---- ---------- -------- ----- ------ ---- ABBOTT LABS COM Common stock 002824100 $880.80 18,350 Sh n/a sole 18,350 ABGENIX INC COM Common stock 00339B107 18.00 400 Sh n/a sole 400 ACT MFG INC Common stock 000973107 384.79 37,250 Sh n/a sole 37,250 ACT MFG INC SUB NT CONV DUE 04/15/07 @ 7.00% Bond 000973AB3 285.81 545,000 Prin n/a sole 545,000 ADC TELECOMMUNCTNS INC Common stock 000886101 1,107.65 169,500 Sh n/a sole 169,500 AEROFLEX INC COM Common stock 007768104 209.00 20,000 Sh n/a sole 20,000 AES CORP Common stock 00130H105 1,592.86 37,000 Sh n/a sole 37,000 AFLAC INC Common stock 001055102 157.45 5,000 Sh n/a sole 5,000 AGERE SYS INC CL A Common stock 00845V100 2,412.43 329,100 Sh n/a sole 329,100 AGILENT TECHNOLOGIESINC COM Common stock 00846U101 141.38 4,350 Sh n/a sole 4,350 AKAMAI TECHNOLOGIES INC COM Common stock 00971T101 8.70 1,000 Sh n/a sole 1,000 ALLIANT TECHSYSTEMS INC Common stock 018804104 269.70 3,000 Sh n/a sole 3,000 ALLOS THERAPEUTICS INC COM Common stock 019777101 1,410.91 305,250 Sh n/a sole 305,250 AMAZON COM INC Common stock 023135106 1.21 100 Sh n/a sole 100 AMERICA MOVIL S A DEC V SPONSORED ADR Common stock 02364W105 162.71 7,800 Sh n/a sole 7,800 AMERICAN EXPRESS COMPANY Common stock 025816109 601.40 15,500 Sh n/a sole 15,500 AMERICAN HOME PRODS CORP Common stock 026609107 167.53 2,465 Sh n/a sole 2,465 AMGEN INC Common stock 031162100 804.92 13,600 Sh n/a sole 13,600 AMKOR TECHNOLOGY INCCOM Common stock 031652100 99.45 4,500 Sh n/a sole 4,500 AMYLIN PHARMACEUTICALS INC Common stock 032346108 3,549.37 336,200 Sh n/a sole 336,200 ANADARKO PETE CORP Common stock 032511107 2,189.87 40,617 Sh n/a sole 40,617 AnnTaylor Stores Corporation Common Stock 036115103 214.80 6,000 Sh n/a sole 6,000 AOL TIME WARNER INC COM Common stock 00184A105 1,946.96 36,735 Sh n/a sole 36,735 APPLIED MATERIALS INC Common stock 038222105 4.94 100 Sh n/a sole 100 APW LTD SHS ISIN#BMG043971081 Common stock G04397108 2,172.58 214,050 Sh n/a sole 214,050 4 ARIBA INC COM Common stock 04033V104 1.31 250 Sh n/a sole 250 ARTESYN TECHNOLOGY INC COM Common stock 043127109 882.67 70,400 Sh n/a sole 70,400 ASHANTI GOLDFIELDS LTD GDR REG S Common stock 043743202 45.00 15,000 Sh n/a sole 15,000 ASIA GLOBAL CROSSINGLTD CL A SHS Common stock G05330108 5.95 1,000 Sh n/a sole 1,000 ASIA PULP & PAPER LTD SPONSORED ADR Common stock 04516V100 25.00 125,000 Sh n/a sole 125,000 ASTROPOWER INC COM Common stock 04644A101 5.25 100 Sh n/a sole 100 AT&T CORP COM Common stock 001957109 473.00 21,500 Sh n/a sole 21,500 AT&T CORP COM LIBERTY MEDIA GROUP Common stock 001957208 4.06 232 Sh n/a sole 232 AUDIOCODES LTD SHS Common stock M15342104 355.78 54,000 Sh n/a sole 54,000 B.V.R. Technologies Ltd. Common Stock M20514101 13.98 6,000 Sh n/a sole 6,000 BALTIMORE TECHNOLOGIES PLC Common stock 059284109 0.13 150 Sh n/a sole 150 BAUSCH & LOMB INC Common stock 071707103 0.72 20 Sh n/a sole 20 BAXTER INTERNATIONALINC Common stock 071813109 3,313.15 65,800 Sh n/a sole 65,800 BEAR STEARNS COS INC Common stock 073902108 5.90 100 Sh n/a sole 100 BELLSOUTH CORP Common stock 079860102 41.08 1,020 Sh n/a sole 1,020 BENCHMARK ELECTRONICS INC Common stock 08160H101 9,440.72 387,550 Sh n/a sole 387,550 BENCHMARK ELECTRS INC SUB NT CONV DUE 08/15/06 @ 6.00% Bond 08160HAC5 346.17 410,000 Prin n/a sole 410,000 Berkshire Hathaway Inc CL-B Common Stock 084670207 27.60 12 Sh n/a sole 12 BINDVIEW DEVELOPMENTCORP COM Common Stock 090327107 6.60 3,000 Sh n/a sole 3,000 BLUEGREEN CORP MAY 29 1987 8.25 MAY 15 2012 Bond 096231AA3 119.00 175,000 Prin n/a sole 175,000 Boston Scientific Corporation Common Stock 101137107 51.00 3,000 Sh n/a sole 3,000 BP PLC SPONS ADR Common Stock 055622104 75.37 1,512 Sh n/a sole 1,512 BRISTOL-MYERS SQUIBBCO COM Common Stock 110122108 26.62 509 Sh n/a sole 509 BRITISH AMERN TOB PLC SPONSORED ADR Common Stock 110448107 158.00 10,000 Sh n/a sole 10,000 BROADWING INC COM Common Stock 111620100 24.45 1,000 Sh n/a sole 1,000 CABLETRON SYSTEMS INC Common Stock 126920107 22.85 1,000 Sh n/a sole 1,000 CABOT OIL AND GAS CORP CL A Common Stock 127097103 244.00 10,000 Sh n/a sole 10,000 5 CANADIAN NATURAL RESLTD Common Stock 136385101 1.66 56 Sh n/a sole 56 CELESTICA INC SUB VTG SHS Common Stock 15101Q108 51.50 1,000 Sh n/a sole 1,000 CELL PATHWAYS INC NEW COM Common Stock 15114R101 21.00 4,200 Sh n/a sole 4,200 CENDANT CORP COM Common Stock 151313103 3.90 200 Sh n/a sole 200 CHARLES SCHWAB CORP Common Stock 808513105 12.40 787 Sh n/a sole 787 CHINA UNICOM LTD SPONSORED ADR Common Stock 16945R104 725.69 41,000 Sh n/a sole 41,000 CIGNA Corporation Common Stock 125509109 23.96 250 Sh n/a sole 250 CISCO SYSTEMS INC Common Stock 17275R102 7.93 430 Sh n/a sole 430 CITIGROUP INC COM Common Stock 172967101 2,543.40 48,134 Sh n/a sole 48,134 CITIZENS COMMUNICATIONS CO Common Stock 17453B101 15.06 1,250 Sh n/a sole 1,250 CITY INVESTING COMPANY LIQUIDATING Common Stock 177900107 365.00 250,000 Sh n/a sole 250,000 Clarent Corp. Common Stock 180461105 1,144.69 133,200 Sh n/a sole 133,200 CMGI INC COM Common Stock 125750109 0.24 80 Sh n/a sole 80 Coca Cola Femsa SA DE CV Common Stock 191241108 222.30 9,000 Sh n/a sole 9,000 COCA-COLA COMPANY Common Stock 191216100 90.00 2,000 Sh n/a sole 2,000 Colgate Palmolive Co. Common Stock 194162103 44.24 750 Sh n/a sole 750 Comdisco, Inc. Common Stock 200336105 1.00 750 Sh n/a sole 750 COMPANHIA SIDERURGICA NACIONAL Common Stock 20440W105 1,565.83 85,100 Sh n/a sole 85,100 Companhia Brasileira de Dist. Grupo PAO De Acucar ADR Common Stock 20440T201 81.24 3,500 Sh n/a sole 3,500 Companhia De Bebidas Das AmersAmbev - Spons. ADR Common Stock 20441W203 138.90 6,000 Sh n/a sole 6,000 COMPANHIA PARANAESE DE ENERGIA COPEL Common Stock 20441B407 11.27 1,500 Sh n/a sole 1,500 COMPANHIA VALE DO RIO DOCE ADR Common Stock 204412100 1,108.95 47,800 Sh n/a sole 47,800 COMPAQ COMPUTER CORP Common Stock 204493100 2.60 170 Sh n/a sole 170 Concord Camera Corp Common Stock 206156101 2,822.99 590,925 Sh n/a sole 590,925 CONSOLIDATED EDISON INC COM Common Stock 209115104 238.80 6,000 Sh n/a sole 6,000 CORN PRODS INTL INC COM Common Stock 219023108 13.92 435 Sh n/a sole 435 CORNING INC COM Common Stock 219350105 31.75 1,900 Sh n/a sole 1,900 CORRECTIONS CORP AMER NEW COM NEW Common Stock 22025Y407 645.18 40,450 Sh n/a sole 40,450 Corrections Corp of America 12% Conv Pfd Ser B Common Stock 22025Y308 1.52 109 Sh n/a sole 109 6 CORUS ENTMT CL B NON VTG Common Stock 220874101 25.34 1,100 Sh n/a sole 1,100 COSTCO WHSL CORP NEWCOM Common Stock 22160K105 439.97 10,850 Sh n/a sole 10,850 CRYO-CELL INTL INC Common Stock 228895108 1.90 400 Sh n/a sole 400 CVS Corporation Common Stock 126650100 57.90 1,500 Sh n/a sole 1,500 Cypress Semiconductor Corp Common Stock 232806109 59.63 2,500 Sh n/a sole 2,500 DAVITA INC COM Common Stock 23918K108 10.17 500 Sh n/a sole 500 DDI Corp. Common Stock 233162106 3,514.00 175,700 Sh n/a sole 175,700 DELL COMPUTER CORP Common Stock 247025109 10.09 385 Sh n/a sole 385 Desc S.A. - Spons ADR Common Stock 250309101 264.39 31,400 Sh n/a sole 31,400 DEVON ENERGY CORP NEW COM Common Stock 25179M103 252.00 4,800 Sh n/a sole 4,800 DISNEY WALT COMPANY HOLDING CO Common Stock 254687106 5.78 200 Sh n/a sole 200 DREYFUS STRATEGIC MUNICIPALS INC Common Stock 261932107 0.49 53 Sh n/a sole 53 DU PONT E I DE NEMOURS & COMPANY Common Stock 263534109 52.49 1,088 Sh n/a sole 1,088 Duke Energy Corporation Common Stock 264399106 19.51 500 Sh n/a sole 500 E MEDSOFT.COM COMMONSTOCK Common Stock 26873Q101 4.60 4,000 Sh n/a sole 4,000 EASTMAN CHEMICAL CO Common Stock 277432100 16.53 347 Sh n/a sole 347 EFTC CORP COM Common Stock 268443108 162.86 60,320 Sh n/a sole 60,320 EMBRATEL PARTICIPACOES S A Common Stock 29081N100 147.36 19,700 Sh n/a sole 19,700 EMC CORP (MASS) COM Common Stock 268648102 26.33 900 Sh n/a sole 900 EMERSON ELECTRIC CO COM Common Stock 291011104 36.30 600 Sh n/a sole 600 ENRON CORP Common Stock 293561106 343.00 7,000 Sh n/a sole 7,000 ENTRADA NETWORKS INCCOM Common Stock 29382Y102 0.01 13 Sh n/a sole 13 EPL TECHNOLOGIES INCCOM NEW Common Stock 268920204 0.76 2,000 Sh n/a sole 2,000 ERICSSON L M TEL CO ADR CLASS B SEK 10 Common Stock 294821400 254.86 47,000 Sh n/a sole 47,000 Euro909.com A/S - Spns ADR Common Stock 298737107 436.85 216,600 Sh n/a sole 216,600 EXXON MOBIL CORP COM Common Stock 30231G102 419.98 4,808 Sh n/a sole 4,808 FAIRCHILD SEMICONDUCTOR INTL Common Stock 303726103 23.00 1,000 Sh n/a sole 1,000 Flanders Corporation Common Stock 338494107 1,023.75 557,900 Sh n/a sole 557,900 Flextronics Intl. Ltd Common Stock Y2573F102 26.11 1,000 Sh n/a sole 1,000 FNMA COM Common Stock 313586109 34.01 400 Sh n/a sole 400 FOMENTO ECONOMICO MEX S A DE C V NEW Common Stock 344419106 214.05 5,000 Sh n/a sole 5,000 FONAR CORP COM Common Stock 344437108 0.20 109 Sh n/a sole 109 FORD MOTOR CO DEL COM PAR Common Stock 345370860 319.16 13,000 Sh n/a sole 13,000 7 FREEPORT-MCMORAN COPPER & GOLD INC Common Stock 35671D857 55.25 5,000 Sh n/a sole 5,000 FREQUENCY ELECTRS Common Stock 358010106 88.80 4,800 Sh n/a sole 4,800 FRESENIUS MED CARE AG ADS REPSTG Common Stock 358029106 2.63 111 Sh n/a sole 111 GENELABS TECHNOLOGIES INC Common Stock 368706107 17.44 10,833 Sh n/a sole 10,833 GENENTECH INC COM NEW Common Stock 368710406 13.78 250 Sh n/a sole 250 GENERAL ELECTRIC CO COM Common Stock 369604103 471.66 9,675 Sh n/a sole 9,675 GLOBAL CROSSING LTD COM Common Stock G3921A100 12.41 1,436 Sh n/a sole 1,436 GLOBAL TELESYSTEMS INC COM Common Stock 37936U104 0.90 5,000 Sh n/a sole 5,000 GOLDEN ST BANCORP INC LITIGATION Common Stock 381197136 39.98 30,750 Sh n/a sole 30,750 GRAPHON CORP Common Stock 388707101 276.68 108,500 Sh n/a sole 108,500 GRUPO IUSACELL SA DECV NEW SPONS ADR Common Stock 40050B100 27.64 4,000 Sh n/a sole 4,000 GRUPO TELEVISA SA DECV SPON GDR REPSTG Common Stock 40049J206 6.00 150 Sh n/a sole 150 HANCOCK JOHN FINL VCS INC COM Common Stock 41014S106 402.60 10,000 Sh n/a sole 10,000 HARTFORD FINL SVCS GROUP INC COM Common Stock 416515104 114.91 1,680 Sh n/a sole 1,680 HECLA MINING COMPANY Common Stock 422704106 4.60 4,000 Sh n/a sole 4,000 HOME DEPOT INC COM Common Stock 437076102 174.92 3,750 Sh n/a sole 3,750 HOMESTAKE MINING CO ISIN#US4376141002 Common Stock 437614100 23.76 3,000 Sh n/a sole 3,000 HONEYWELL INTL INC COM ISIN#US4385161066 Common Stock 438516106 953.46 27,250 Sh n/a sole 27,250 HOT TOPIC INC COM Common Stock 441339108 713.32 23,000 Sh n/a sole 23,000 HUFFY CORP Common Stock 444356109 19.28 2,000 Sh n/a sole 2,000 IDEXX LABS INC COM Common Stock 45168D104 420.00 13,500 Sh n/a sole 13,500 IMMUNEX CORP NEW Common Stock 452528102 1.78 100 Sh n/a sole 100 IMPSAT FIBER NETWORKS INC COM Common Stock 45321T103 4.00 2,000 Sh n/a sole 2,000 INTEL CORP COM Common Stock 458140100 2.94 100 Sh n/a sole 100 INTERDIGITAL COMMUNICATIONS CORP Common Stock 45866A105 13.63 1,100 Sh n/a sole 1,100 INTERMEDIA COMM INC *FORMERLY KNOWN AS Common Stock 458801107 43.95 3,000 Sh n/a sole 3,000 INTERNATIONAL BUSINESS MACHS CORP Common Stock 459200101 181.93 1,610 Sh n/a sole 1,610 INTERNATIONAL ISOTOPES INC CDT Common Stock 45972C102 0.18 2,000 Sh n/a sole 2,000 8 INTERNATIONAL SHIPHOLDING CORP Common Stock 460321201 9.55 1,000 Sh n/a sole 1,000 INTERPUBLIC GROUP OFCOS INC Common Stock 460690100 8.01 273 Sh n/a sole 273 IOMEGA CORP COM Common Stock 462030107 1.79 750 Sh n/a sole 750 IRELAND BKSPONSORED ADR Common Stock 46267Q103 3.91 100 Sh n/a sole 100 IVAX CORP Common Stock 465823102 1,291.88 33,125 Sh n/a sole 33,125 IXYS CORP DEL COM Common Stock 46600W106 4,530.78 309,300 Sh n/a sole 309,300 J NET ENTERPRISES INC COM Common Stock 46622V102 0.04 10 Sh n/a sole 10 J P MORGAN CHASE & CO COM Common Stock 46625H100 467.94 10,492 Sh n/a sole 10,492 JABIL CIRCUIT INC COM Common Stock 466313103 277.74 9,000 Sh n/a sole 9,000 JDS UNIPHASE CORP Common Stock 46612J101 304.59 24,050 Sh n/a sole 24,050 JMAR TECHNOLOGIES INC Common Stock 466212107 74.80 22,000 Sh n/a sole 22,000 JOHNSON & JOHNSON Common Stock 478160104 128.80 2,576 Sh n/a sole 2,576 JONES APPAREL GROUP INC Common Stock 480074103 7.78 180 Sh n/a sole 180 JUNIPER NETWORKS INC SUB NT CONV DUE 03/15/07 @ 4.75% Bond 48203RAA2 285.50 400,000 Prin n/a sole 400,000 Juniper Networks, Inc. Common Stock 48203R104 80.86 2,600 Sh n/a sole 2,600 KNIGHT TRADING GROUPINC COM Common Stock 499063105 1.39 130 Sh n/a sole 130 KOREA TELECOM CORP SPONSORED ADR Common Stock 50063P103 1,125.38 51,200 Sh n/a sole 51,200 KRAFT FOODS INC CL A Common Stock 50075N104 651.00 21,000 Sh n/a sole 21,000 KROGER CO Common Stock 501044101 637.50 25,500 Sh n/a sole 25,500 KYOCERA CORP ADR FRMLY KYOTO Common Stock 501556203 11.40 128 Sh n/a sole 128 LEGATO SYSTEMS INC COM Common Stock 524651106 6.65 500 Sh n/a sole 500 LEHMAN BROTHERS HOLDINGS INC COMMON Common Stock 524908100 30.90 400 Sh n/a sole 400 LEVEL 3 COMMUNICATIONS INC Common Stock 52729N100 27.35 5,000 Sh n/a sole 5,000 LTX CORP Common Stock 502392103 12.60 500 Sh n/a sole 500 LUCENT TECHNOLOGIES INC COM Common Stock 549463107 24.86 4,004 Sh n/a sole 4,004 LUMENON INNOVATION LIGHTWAVE TECHNOLOGY Common Stock 55024L109 0.24 500 Sh n/a sole 500 MAGELLAN HEALTH SVCSINC Common Stock 559079108 23.04 1,800 Sh n/a sole 1,800 MANUFACTURERS SVCS LTD COM Common Stock 565005105 17.85 3,000 Sh n/a sole 3,000 9 MARINE DRILLING COS INC NEW Common Stock 568240204 372.65 19,500 Sh n/a sole 19,500 MAY DEPT STORES CO Common Stock 577778103 0.21 6 Sh n/a sole 6 MBNA CORP Common Stock 55262L100 29.70 900 Sh n/a sole 900 MCDATA CORP CL A Common Stock 580031201 1.19 65 Sh n/a sole 65 MCGLEN INTERNET GROUP INC Common Stock 580578102 2.40 20,000 Sh n/a sole 20,000 MCLEODUSA INC CL A COM Common Stock 582266102 4.14 1,000 Sh n/a sole 1,000 MCMORAN EXPLORATION CO Common Stock 582411104 0.93 62 Sh n/a sole 62 MELLON FINL CORP COM Common Stock 58551A108 224.05 5,000 Sh n/a sole 5,000 MERCK & CO INC Common Stock 589331107 396.48 6,204 Sh n/a sole 6,204 MERIDIAN RESOURCE CORP COM Common Stock 58977Q109 157.50 22,500 Sh n/a sole 22,500 MERRILL LYNCH & CO INC Common Stock 590188108 325.88 5,500 Sh n/a sole 5,500 MESSAGEMEDIA INC COM Common Stock 590787107 0.04 160 Sh n/a sole 160 MICROSOFT CORP Common Stock 594918104 1,215.13 17,000 Sh n/a sole 17,000 MITEL CORP ISIN#CA6067111097 Common Stock 606711109 40.76 4,000 Sh n/a sole 4,000 MORGAN STANLEY HIGH YIELD FD INC Common Stock 61744M104 9.85 1,000 Sh n/a sole 1,000 Morgan Stanley Dean Witter Discovery C Common Stock 617446448 1,028.39 16,011 Sh n/a sole 16,011 MOTIENT CORP Common Stock 619908106 1.35 1,500 Sh n/a sole 1,500 NASDAQ 100 SHARES Common Stock 631100104 182.80 4,000 Sh n/a sole 4,000 NATIONAL HEALTH INVESTORS INC Common Stock 63633D104 20.60 2,000 Sh n/a sole 2,000 NATIONAL TECHTEAM INC Common Stock 638108100 86.46 33,000 Sh n/a sole 33,000 Neopharm Inc Common Stock 640919106 1,567.94 62,400 Sh n/a sole 62,400 NETWORKS ASSOCS INC COM Common Stock 640938106 1,783.98 145,400 Sh n/a sole 145,400 NEW VY CORP WT EXP 2004 Common Stock 649080116 0.48 3,200 Sh n/a sole 3,200 NEXTEL COMMUNS INC CLASS A Common Stock 65332V103 35.88 2,050 Sh n/a sole 2,050 NOKIA CORPSPONSORED ADR Common Stock 654902204 31.07 1,400 Sh n/a sole 1,400 NORTEL NETWORKS CORPNEW COM Common Stock 656568102 130.94 14,500 Sh n/a sole 14,500 NOVELL INC Common Stock 670006105 0.21 40 Sh n/a sole 40 NUVEEN PREM INCOME MUN BD FD 4 INC COM Common Stock 6706K4105 67.40 5,000 Sh n/a sole 5,000 OCEAN ENERGY INC NEW Common Stock 67481E106 701.49 40,200 Sh n/a sole 40,200 OFFICEMAX INC COM Common Stock 67622M108 73.80 20,000 Sh n/a sole 20,000 ORACLE CORP COM Common Stock 68389X105 39.06 2,100 Sh n/a sole 2,100 ORGANOGENESIS INC Common Stock 685906109 1.80 243 Sh n/a sole 243 10 PATHMARK STORES INC NEW COM Common Stock 70322A101 588.38 23,983 Sh n/a sole 23,983 PATHMARK STORES INC NEW WT EXP 9/19/10 Common Stock 70322A119 336.07 40,097 Sh n/a sole 40,097 PEAPACK GLADSTONE FINANCIAL CORP COM Common Stock 704699107 55.88 1,457 Sh n/a sole 1,457 PENN TREATY AMERICANCORP Common Stock 707874103 1,125.70 343,200 Sh n/a sole 343,200 PENN TREAY AMERICANCORP CONV. DUE 12/01/03 @6.25% Bond 707874AC7 4,855.60 9,615,000 Sh n/a sole 9,615,000 PERUSAHAAN PERSEROANPERSERO P.T. Common Stock 715684106 8.91 1,600 Sh n/a sole 1,600 PETRO-CDA COM ISIN#CA71644E1025 Common Stock 71644E102 716.70 30,000 Sh n/a sole 30,000 PETROCHINA CO LTD SPONS ADR Common Stock 71646E100 153.00 7,500 Sh n/a sole 7,500 PETROLEO BRASILEIRO SA SPONSORED ADR Common Stock 71654V101 666.62 28,500 Sh n/a sole 28,500 PFIZER INC Common Stock 717081103 1,148.03 28,665 Sh n/a sole 28,665 PG & E CORP Common Stock 69331C108 0.39 35 Sh n/a sole 35 PHARMACEUTICAL PROD DEV INC COM Common Stock 717124101 1,403.46 46,000 Sh n/a sole 46,000 Pharmacia Corporation Common Stock 71713U102 57.44 1,250 Sh n/a sole 1,250 PHILIP MORRIS COS INC Common Stock 718154107 0.25 5 Sh n/a sole 5 Philips Electronics - NY Sh Common Stock 500472303 2,532.34 95,813 Sh n/a sole 95,813 PITNEY BOWES INC Common Stock 724479100 12.64 300 Sh n/a sole 300 PLAINS ALL AMERN PIPELINE L.P. UNIT Common Stock 726503105 351.88 15,200 Sh n/a sole 15,200 PLANTRONICS INC NEW Common Stock 727493108 69.45 3,000 Sh n/a sole 3,000 PNC FINL SVCS GROUP INC COM Common Stock 693475105 209.61 3,186 Sh n/a sole 3,186 POLAROID CORP Common Stock 731095105 0.26 100 Sh n/a sole 100 POWER INTEGRATIONS INC COM Common Stock 739276103 12.01 1,000 Sh n/a sole 1,000 POWER ONE INC COM Common Stock 739308104 247.50 15,000 Sh n/a sole 15,000 PRIDE INTL INC COM Common Stock 741932107 175.75 9,250 Sh n/a sole 9,250 PSINET INC COM Common Stock 74437C101 0.00 50 Sh n/a sole 50 QUANTUM CORP DSSG COM Common Stock 747906204 2.02 200 Sh n/a sole 200 QUINTILES TRANSNATIONAL CORP Common Stock 748767100 202.00 8,000 Sh n/a sole 8,000 QWEST COMMUNICATIONSINTL INC COM Common Stock 749121109 16.73 525 Sh n/a sole 525 RADCOM LTD SHS Common Stock M81865103 191.30 158,100 Sh n/a sole 158,100 RANGE RES CORP COM Common Stock 75281A109 120.00 20,000 Sh n/a sole 20,000 RCN CORP COM Common Stock 749361101 5.10 1,000 Sh n/a sole 1,000 REALNETWORKS INC COM Common Stock 75605L104 0.41 45 Sh n/a sole 45 11 RITA MED SYS INC DELCOM Common Stock 76774E103 3.56 800 Sh n/a sole 800 Rogers Communications Inc Cl B - CAD Common Stock 775109200 32.91 2,200 Sh n/a sole 2,200 ROPER INDUSTRIES INC Common Stock 776696106 41.75 1,000 Sh n/a sole 1,000 ROWAN COS INC Common Stock 779382100 198.90 9,000 Sh n/a sole 9,000 RURAL/METRO CORP Common Stock 781748108 0.63 2,500 Sh n/a sole 2,500 SALOMON BROS FD INC Common Stock 795477108 1.80 121 Sh n/a sole 121 SANMINA CORP Common Stock 800907107 46.40 2,000 Sh n/a sole 2,000 SANTA FE INTERNATIONAL Common Stock G7805C108 789.05 26,425 Sh n/a sole 26,425 SAYTAM COMPUTER SVCS LTD ADR ISIN#US8040981016 Common Stock 804098101 746.42 85,500 Sh n/a sole 85,500 SBC COMMUNICATIONS INC Common Stock 78387G103 1,781.30 44,466 Sh n/a sole 44,466 SCANA CORP NEW Common Stock 80589M102 582.20 20,500 Sh n/a sole 20,500 SCHERING-PLOUGH CORP Common Stock 806605101 36.24 1,000 Sh n/a sole 1,000 SCI Systems Inc Common Stock 783890106 2,365.13 92,750 Sh n/a sole 92,750 SCIENTIFIC GAMES CORP CL-A Common Stock 80874P109 875.25 148,600 Sh n/a sole 148,600 SEPRACOR INC Common Stock 817315104 39.78 1,000 Sh n/a sole 1,000 Shaw Communications Inc Cl B - CAD Common Stock 82028K200 52.07 2,200 Sh n/a sole 2,200 SHELDAHL CO Common Stock 822440103 0.12 66 Sh n/a sole 66 SOLECTRON CORP COM Common Stock 834182107 933.30 51,000 Sh n/a sole 51,000 SONERA GROUP PLC SPONSERED ADR Common Stock 835433202 14.41 2,100 Sh n/a sole 2,100 SORRENTO NETWORKS CORP COM Common Stock 83586Q100 0.59 50 Sh n/a sole 50 SPRINT CORP (FON GROUP) Common Stock 852061100 0.43 20 Sh n/a sole 20 STAR GAS PARTNERS L.P. Common Stock 85512C105 208.50 10,000 Sh n/a sole 10,000 STAR GAS PARTNERS LP SR SUB UNIT Common Stock 85512C204 88.65 4,703 Sh n/a sole 4,703 State Street Corp Common Stock 857477103 24.75 500 Sh n/a sole 500 Stolt Offshore S.A. ADR Common Stock 861567105 12.13 990 Sh n/a sole 990 SUN MICROSYSTEMS INC Common Stock 866810104 23.25 1,500 Sh n/a sole 1,500 Tele Norte Celular Participacoes S.A.- Spons ADR Common Stock 87924Y105 48.60 1,800 Sh n/a sole 1,800 Tele Norte Leste Participacoes - ADR Common Stock 879246106 3,031.55 198,658 Sh n/a sole 198,658 Telefonos De Mexico SA ADR L Common Stock 879403780 414.06 11,800 Sh n/a sole 11,800 TELESP CELULAR PARTICIPACOES S A Common Stock 87952L108 151.50 10,000 Sh n/a sole 10,000 TELLABS INC COM Common Stock 879664100 424.40 22,900 Sh n/a sole 22,900 TEMPLETON EMERGING MKTS INCOME FD INC Common Stock 880192109 6.59 600 Sh n/a sole 600 12 TEVA PHARMACEUTICAL INDUSTRIES LTD ADR Common Stock 881624209 801.06 13,000 Sh n/a sole 13,000 TEXAS INSTRUMENTS INC Common Stock 882508104 382.80 12,000 Sh n/a sole 12,000 THORATEC CORP COM NEW Common Stock 885175307 1,025.47 67,244 Sh n/a sole 67,244 TITANIUM METALS CORPCOM Common Stock 888339108 180.00 18,000 Sh n/a sole 18,000 TOMMY HILFIGER CORP ORD Common Stock G8915Z102 490.00 35,000 Sh n/a sole 35,000 TRANSOCEAN SEDCO FOREX INC COM Common Stock G90078109 268.13 6,500 Sh n/a sole 6,500 TRANSWITCH CORP Common Stock 894065101 1,598.55 145,450 Sh n/a sole 145,450 TRANSWITCH CORP CONV NT DUE 09/15/05 @ 4.50% Bond 894065AB7 232.05 320,000 Prin n/a sole 320,000 TRICOM S ASPONSORED ADR Common Stock 89612A100 47.25 7,500 Sh n/a sole 7,500 Trimble Navigation LTD Common Stock 896239100 104.77 5,500 Sh n/a sole 5,500 TUBOS DE ACERO DE MEXICO S.A. ADR NEW Common stock 898592506 1,435.74 113,500 Sh n/a sole 113,500 TUMBLEWEEDCOMMUNICATIONS CORP Common Stock 899690101 4.68 1,300 Sh n/a sole 1,300 TV Azteca SA de Cv - ADR Common Stock 901145102 881.38 137,500 Sh n/a sole 137,500 Tyco Int'l. Ltd. Common Stock 902124106 3,948.62 72,440 Sh n/a sole 72,440 Unibanco-Uniao De Bancos Brasileiros- Spons.GDR Common Stock 90458E107 223.96 8,800 Sh n/a sole 8,800 UNITED MICROELECTRONICS CORP SPONSORED ADR Common stock 910873207 587.37 66,000 Sh n/a sole 66,000 UNITEDHEALTH GROUP INC COM Common Stock 91324P102 142.27 2,304 Sh n/a sole 2,304 VAN KAMPEN AMERICAN CAPITAL VALUE Common Stock 921132106 286.66 22,000 Sh n/a sole 22,000 VERITAS SOFTWARE CO Common Stock 923436109 11.57 178 Sh n/a sole 178 VERIZON COMMUNICATIONS COM Common Stock 92343V104 124.76 2,332 Sh n/a sole 2,332 Viacom Inc. Class B Common Stock 925524308 25.88 500 Sh n/a sole 500 VISIBLE GENETICS INCCOM Common Stock 92829S104 18.64 750 Sh n/a sole 750 Vitech America, Inc. Common Stock 928489103 30.71 71,429 Sh n/a sole 71,429 VITRO SOCIEDAD ANONIMA Common Stock 928502301 34.58 13,000 Sh n/a sole 13,000 VODAFONE GROUP PLC NEW SPONS ADR Common Stock 92857W100 46.49 2,080 Sh n/a sole 2,080 VOTORANTIM CELULOSE E PAPEL S.A. SPON Common Stock 92906P106 554.17 36,700 Sh n/a sole 36,700 WAL MART STORES INC Common Stock 931142103 122.00 2,500 Sh n/a sole 2,500 WASHINGTON MUTUAL INC Common Stock 939322103 420.57 11,200 Sh n/a sole 11,200 13 WORLDCOM INC GA NEW MCI GROUP COM Common Stock 98157D304 1.23 77 Sh n/a sole 77 WORLDCOM INC GA NEW WORLDCOM GROUP COM Common Stock 98157D106 27.61 1,938 Sh n/a sole 1,938 WORLDPAGES.COM INC CASH MERGER* EFF Common Stock 981922107 2,042.12 685,000 Sh n/a sole 685,000 XO COMMUNICATIONS INC CL A COM Common Stock 983764101 2.88 1,500 Sh n/a sole 1,500
14 01552002.AC7