UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2002
Check here if Amendment [ ]; Amendment Number: _______________
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
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:
Arvind Sodhani, Vice President and Treasurer (408) 765-1240
---------------------------------------------------------------
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/Mike Burns Santa Clara, California February 7, 2003
(for Arvind Sodhani)
-------------------
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: -0-
Form 13F Information Table Entry Total: 294
Form 13F Information Table Value Total: $279,398
*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.
NONE
12/31/02
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
3M CO COM 88579Y101 1443 11,700 SH Sole 11,700
ABBOTT LABS COM COM 002824100 1878 46,944 SH Sole 46,944
ACE LTD CAYMAN IS ORD G0070K103 232 7,900 SH Sole 7,900
ADC TELECOMMUNICATIONS INC COM 000886101 50 23,950 SH Sole 23,950
ADVANCED MICRO DEVICES INC COM 007903107 66 10,250 SH Sole 10,250
AES CORP COM 00130H105 49 16,350 SH Sole 16,350
AFLAC INC COM 001055102 468 15,550 SH Sole 15,550
AGILENT TECHNOLOGIES INC COM 00846U101 251 13,978 SH Sole 13,978
AIR PRODS & CHEMS INC COM 009158106 291 6,800 SH Sole 6,800
ALBERTSONS INC COM 013104104 272 12,201 SH Sole 12,201
ALCATEL SPONSORED 013904305 177 39,942 SH Sole 39,942
ADR
ALCOA INC COM 013817101 578 25,352 SH Sole 25,352
ALLERGAN INC COM 018490102 225 3,900 SH Sole 3,900
ALLSTATE CORP COM 020002101 783 21,180 SH Sole 21,180
ALLTEL CORP COM 020039103 474 9,300 SH Sole 9,300
ALTERA CORP COM 021441100 142 11,500 SH Sole 11,500
AMERICAN ELEC PWR INC COM 025537101 278 10,182 SH Sole 10,182
AMERICAN EXPRESS CO COM 025816109 1412 39,950 SH Sole 39,950
AMERICAN INTL GROUP INC COM 026874107 4538 78,443 SH Sole 78,443
AMGEN INC COM 031162100 1858 38,435 SH Sole 38,435
AMSOUTH BANCORPORATION COM 032165102 207 10,800 SH Sole 10,800
ANADARKO PETE CORP COM 032511107 359 7,493 SH Sole 7,493
ANALOG DEVICES INC COM 032654105 263 11,000 SH Sole 11,000
Page Fair Market Value 16,294
ANHEUSER BUSCH COS INC COM 035229103 1263 26,100 SH Sole 26,100
ANTHEM INC COM 03674B104 264 4,200 SH Sole 4,200
AOL TIME WARNER INC COM 00184A105 1758 134,195 SH Sole 134,195
APACHE CORP COM 037411105 244 4,280 SH Sole 4,280
APOLLO GROUP INC CL A 037604105 229 5,200 SH Sole 5,200
APPLE COMPUTER INC COM 037833100 155 10,800 SH Sole 10,800
APPLIED MATLS INC COM 038222105 644 49,400 SH Sole 49,400
ARCHER DANIELS MIDLAND CO COM 039483102 243 19,567 SH Sole 19,567
AT&T CORP COM NEW 001957505 604 23,122 SH Sole 23,122
AT&T WIRELESS SVCS INC COM 00209A106 460 81,425 SH Sole 81,425
AUTOMATIC DATA PROCESSING INC COM 053015103 730 18,602 SH Sole 18,602
AUTOZONE INC COM 053332102 226 3,200 SH Sole 3,200
AVAYA INC COM 053499109 27 10,921 SH Sole 10,921
AVERY DENNISON CORP COM 053611109 202 3,300 SH Sole 3,300
AVON PRODS INC COM 054303102 383 7,114 SH Sole 7,114
BAKER HUGHES INC COM 057224107 327 10,160 SH Sole 10,160
BANK NEW YORK INC COM 064057102 523 21,840 SH Sole 21,840
BANK OF AMERICA CORPORATION COM 060505104 3139 45,117 SH Sole 45,117
BANK ONE CORP COM 06423A103 1289 35,262 SH Sole 35,262
BAXTER INTL INC COM 071813109 508 18,140 SH Sole 18,140
BB&T CORP COM 054937107 536 14,500 SH Sole 14,500
BECTON DICKINSON & CO COM 075887109 236 7,700 SH Sole 7,700
BED BATH & BEYOND INC COM 075896100 304 8,800 SH Sole 8,800
Page Fair Market Value 14,293
BELLSOUTH CORP COM 079860102 1456 56,282 SH Sole 56,282
BEST BUY INC COM 086516101 234 9,700 SH Sole 9,700
BIOMET INC COM 090613100 228 7,950 SH Sole 7,950
BLOCK H & R INC COM 093671105 217 5,400 SH Sole 5,400
BOEING CO COM 097023105 832 25,215 SH Sole 25,215
BOSTON SCIENTIFIC CORP COM 101137107 518 12,192 SH Sole 12,192
BRISTOL MYERS SQUIBB CO COM 110122108 1348 58,246 SH Sole 58,246
BURLINGTON NORTH SANTA FE CORP COM 12189T104 298 11,467 SH Sole 11,467
BURLINGTON RES INC COM 122014103 259 6,072 SH Sole 6,072
CALPINE CORP COM 131347106 37 11,300 SH Sole 11,300
CAMPBELL SOUP CO COM 134429109 289 12,300 SH Sole 12,300
CARDINAL HEALTH INC COM 14149Y108 802 13,550 SH Sole 13,550
CARNIVAL CORP COM 143658102 439 17,600 SH Sole 17,600
CATERPILLAR INC DEL COM 149123101 475 10,390 SH Sole 10,390
CENDANT CORP COM 151313103 328 31,281 SH Sole 31,281
CHEVRONTEXACO CORP COM 166764100 2137 32,140 SH Sole 32,140
CHIRON CORP COM 170040109 214 5,700 SH Sole 5,700
CHUBB CORP COM 171232101 269 5,150 SH Sole 5,150
CIENA CORP COM 171779101 67 13,000 SH Sole 13,000
CINTAS CORP COM 172908105 233 5,100 SH Sole 5,100
CISCO SYS INC COM 17275R102 3007 229,531 SH Sole 229,531
CITIGROUP INC COM 172967101 5352 152,093 SH Sole 152,093
CLEAR CHANNEL COMMUNICATIONS INC COM 184502102 686 18,400 SH Sole 18,400
Page Fair Market Value 19,726
CLOROX CO DEL COM 189054109 285 6,900 SH Sole 6,900
COCA COLA CO COM 191216100 3271 74,608 SH Sole 74,608
COCA COLA ENTERPRISES INC COM 191219104 293 13,500 SH Sole 13,500
COLGATE PALMOLIVE CO COM 194162103 855 16,300 SH Sole 16,300
COMCAST CORP NEW CL A 20030N101 881 37,399 SH Sole 37,399
COMCAST CORP NEW CL A SPL 20030N200 644 28,500 SH Sole 28,500
COMERICA INC COM 200340107 229 5,300 SH Sole 5,300
COMPUTER ASSOC INTL INC COM 204912109 234 17,350 SH Sole 17,350
COMPUWARE CORP COM 205638109 54 11,300 SH Sole 11,300
CONAGRA FOODS INC COM 205887102 403 16,100 SH Sole 16,100
CONCORD EFS INC COM 206197105 242 15,400 SH Sole 15,400
CONOCOPHILLIPS COM 20825C104 986 20,382 SH Sole 20,382
CONSOLIDATED EDISON INC COM 209115104 274 6,400 SH Sole 6,400
CORNING INC COM 219350105 95 28,650 SH Sole 28,650
COSTCO WHSL CORP NEW COM 22160K105 384 13,700 SH Sole 13,700
CVS CORP COM 126650100 295 11,800 SH Sole 11,800
DANAHER CORP DEL COM 235851102 296 4,500 SH Sole 4,500
DEERE & CO COM 244199105 330 7,200 SH Sole 7,200
DELL COMPUTER CORP COM 247025109 2084 77,950 SH Sole 77,950
DELPHI CORP COM 247126105 136 16,858 SH Sole 16,858
DEVON ENERGY CORP NEW COM 25179M103 216 4,700 SH Sole 4,700
DISNEY WALT CO COM 254687106 1000 61,312 SH Sole 61,312
DOLLAR GEN CORP COM 256669102 120 10,018 SH Sole 10,018
DOMINION RES INC VA NEW COM 25746U109 504 9,184 SH Sole 9,184
Page Fair Market Value 14,111
DOW CHEM CO COM 260543103 814 27,393 SH Sole 27,393
DTE ENERGY CO COM 233331107 232 5,000 SH Sole 5,000
DU PONT E I DE NEMOURS & CO COM 263534109 1266 29,850 SH Sole 29,850
DUKE ENERGY CORP COM 264399106 521 26,646 SH Sole 26,646
DYNEGY INC NEW CL A 26816Q101 13 11,050 SH Sole 11,050
EASTMAN KODAK CO COM 277461109 307 8,750 SH Sole 8,750
EBAY INC COM 278642103 624 9,200 SH Sole 9,200
EL PASO CORP COM 28336L109 123 17,614 SH Sole 17,614
ELECTRONIC ARTS INC COM 285512109 209 4,200 SH Sole 4,200
ELECTRONIC DATA SYS NEW COM 285661104 265 14,400 SH Sole 14,400
EMC CORP MASS COM 268648102 406 66,204 SH Sole 66,204
EMERSON ELEC CO COM 291011104 643 12,650 SH Sole 12,650
ENTERGY CORP NEW COM 29364G103 305 6,700 SH Sole 6,700
EQUITY OFFICE PROPERTIES TRU COM 294741103 315 12,600 SH Sole 12,600
EQUITY RESIDENTIAL SH BEN 29476L107 203 8,250 SH Sole 8,250
INT
EXELON CORP COM 30161N101 512 9,700 SH Sole 9,700
EXXON MOBIL CORP COM 30231G102 7097 203,125 SH Sole 203,125
FEDERAL NATL MTG ASSN COM 313586109 1927 29,950 SH Sole 29,950
FEDEX CORP COM 31428X106 483 8,900 SH Sole 8,900
FIFTH THIRD BANCORP COM 316773100 1024 17,492 SH Sole 17,492
FIRST DATA CORP COM 319963104 807 22,800 SH Sole 22,800
FIRSTENERGY CORP COM 337932107 293 8,900 SH Sole 8,900
FLEETBOSTON FINL CORP COM 339030108 764 31,458 SH Sole 31,458
Page Fair Market Value 19,153
FORD MTR CO DEL COM PAR 345370860 510 54,815 SH Sole 54,815
$0.01
FOREST LABS INC COM 345838106 530 5,400 SH Sole 5,400
FORTUNE BRANDS INC COM 349631101 209 4,486 SH Sole 4,486
FPL GROUP INC COM 302571104 331 5,500 SH Sole 5,500
FRANKLIN RES INC COM 354613101 266 7,800 SH Sole 7,800
FEDERAL HOME LN MTG CORP COM 313400301 1233 20,882 SH Sole 20,882
GANNETT INC COM 364730101 574 8,000 SH Sole 8,000
GAP INC DEL COM 364760108 405 26,125 SH Sole 26,125
GENERAL DYNAMICS CORP COM 369550108 484 6,100 SH Sole 6,100
GENERAL ELEC CO COM 369604103 7283 299,084 SH Sole 299,084
GENERAL MLS INC COM 370334104 521 11,100 SH Sole 11,100
GENERAL MTRS CORP COM 370442105 622 16,874 SH Sole 16,874
GILLETTE CO COM 375766102 964 31,750 SH Sole 31,750
GOLDEN WEST FINL CORP DEL COM 381317106 334 4,650 SH Sole 4,650
GOLDMAN SACHS GROUP INC COM 38141G104 987 14,500 SH Sole 14,500
GUIDANT CORP COM 401698105 284 9,200 SH Sole 9,200
HALLIBURTON CO COM 406216101 245 13,100 SH Sole 13,100
HANCOCK JOHN FINL SVCS INC COM 41014S106 244 8,750 SH Sole 8,750
HARLEY DAVIDSON INC COM 412822108 420 9,100 SH Sole 9,100
HARTFORD FINL SVCS GROUP INC COM 416515104 336 7,400 SH Sole 7,400
HCA INC COM 404119109 645 15,550 SH Sole 15,550
HEALTHSOUTH CORP COM 421924101 50 11,900 SH Sole 11,900
HEINZ H J CO COM 423074103 345 10,500 SH Sole 10,500
Page Fair Market Value 17,824
HERSHEY FOODS CORP COM 427866108 277 4,100 SH Sole 4,100
HEWLETT PACKARD CO COM 428236103 1592 91,716 SH Sole 91,716
HILTON HOTELS CORP COM 432848109 144 11,300 SH Sole 11,300
HOME DEPOT INC COM 437076102 1702 70,850 SH Sole 70,850
HONEYWELL INTL INC COM 438516106 592 24,657 SH Sole 24,657
HOUSEHOLD INTL INC COM 441815107 381 13,700 SH Sole 13,700
INTERNATIONAL BUSINESS MACHS COM 459200101 3946 50,918 SH Sole 50,918
ILLINOIS TOOL WKS INC COM 452308109 597 9,200 SH Sole 9,200
INFINEON TECHNOLOGIES AG SPONSORED 45662N103 13647 SH Sole
ADR 1,898,109 1,898,109
INGERSOLL-RAND COMPANY LTD CL A G4776G101 220 5,100 SH Sole 5,100
INTL PAPER CO COM 460146103 508 14,516 SH Sole 14,516
INTERPUBLIC GROUP COS INC COM 460690100 162 11,500 SH Sole 11,500
INTERTRUST TECHNOLOGIES CORP COM 46113Q109 2467 583,145 SH Sole 583,145
INTUIT COM 461202103 300 6,400 SH Sole 6,400
J P MORGAN CHASE & CO COM 46625H100 1439 59,971 SH Sole 59,971
JDS UNIPHASE CORP COM 46612J101 101 40,900 SH Sole 40,900
JOHNSON & JOHNSON COM 478160104 4805 89,466 SH Sole 89,466
JOHNSON CTLS INC COM 478366107 216 2,700 SH Sole 2,700
KELLOGG CO COM 487836108 421 12,280 SH Sole 12,280
KEYCORP NEW COM 493267108 321 12,784 SH Sole 12,784
KIMBERLY CLARK CORP COM 494368103 736 15,500 SH Sole 15,500
KLA-TENCOR CORP COM 482480100 202 5,700 SH Sole 5,700
KOHLS CORP COM 500255104 565 10,100 SH Sole 10,100
Page Fair Market Value 35,340
KROGER CO COM 501044101 367 23,750 SH Sole 23,750
LEHMAN BROS HLDGS INC COM 524908100 389 7,300 SH Sole 7,300
LEXMARK INTL NEW CL A 529771107 230 3,800 SH Sole 3,800
LILLY ELI & CO COM 532457108 2143 33,750 SH Sole 33,750
LIMITED BRANDS INC COM 532716107 219 15,706 SH Sole 15,706
LINEAR TECHNOLOGY CORP COM 535678106 244 9,500 SH Sole 9,500
LOCKHEED MARTIN CORP COM 539830109 788 13,644 SH Sole 13,644
LOEWS CORP COM 540424108 249 5,600 SH Sole 5,600
LOWES COS INC COM 548661107 878 23,400 SH Sole 23,400
LSI LOGIC CORP COM 502161102 65 11,200 SH Sole 11,200
LUCENT TECHNOLOGIES INC COM 549463107 130 103,211 SH Sole 103,211
MARRIOTT INTL INC NEW CL A 571903202 240 7,300 SH Sole 7,300
MARSH & MCLENNAN COS INC COM 571748102 742 16,058 SH Sole 16,058
MASCO CORP COM 574599106 314 14,900 SH Sole 14,900
MATTEL INC COM 577081102 252 13,175 SH Sole 13,175
MAXIM INTEGRATED PRODS INC COM 57772K101 320 9,700 SH Sole 9,700
MBNA CORP COM 55262L100 730 38,380 SH Sole 38,380
MCDONALDS CORP COM 580135101 616 38,304 SH Sole 38,304
MCGRAW HILL COS INC COM 580645109 351 5,800 SH Sole 5,800
MCKESSON CORP COM 58155Q103 236 8,713 SH Sole 8,713
MEDIMMUNE INC COM 584699102 204 7,500 SH Sole 7,500
MEDTRONIC INC COM 585055106 1663 36,462 SH Sole 36,462
MELLON FINL CORP COM 58551A108 341 13,050 SH Sole 13,050
Page Fair Market Value 11,709
MERCK & CO INC COM 589331107 3828 67,616 SH Sole 67,616
MERRILL LYNCH & CO INC COM 590188108 987 26,018 SH Sole 26,018
METLIFE INC COM 59156R108 571 21,100 SH Sole 21,100
MICRON TECHNOLOGY INC COM 595112103 176 18,100 SH Sole 18,100
MICROSOFT CORP COM 594918104 8415 162,775 SH Sole 162,775
MIRANT CORP COM 604675108 23 12,049 SH Sole 12,049
MORGAN STANLEY COM NEW 617446448 1316 32,956 SH Sole 32,956
MOTOROLA INC COM 620076109 598 69,098 SH Sole 69,098
NATIONAL CITY CORP COM 635405103 503 18,400 SH Sole 18,400
NEOMAGIC CORP COM 640497103 11 10,497 SH Sole 10,497
NETWORK APPLIANCE INC COM 64120L104 101 10,100 SH Sole 10,100
NEW YORK TIMES CO CL A 650111107 208 4,550 SH Sole 4,550
NEWELL RUBBERMAID INC COM 651229106 243 8,024 SH Sole 8,024
NEWMONT MINING CORP COM 651639106 350 12,062 SH Sole 12,062
NEXTEL COMMUNICATIONS INC CL A 65332V103 316 27,400 SH Sole 27,400
NIKE INC CL B 654106103 356 8,000 SH Sole 8,000
NORFOLK SOUTHERN CORP COM 655844108 233 11,650 SH Sole 11,650
NORTHERN TR CORP COM 665859104 235 6,700 SH Sole 6,700
NORTHROP GRUMMAN CORP COM 666807102 531 5,479 SH Sole 5,479
NOVELL INC COM 670006105 37 10,994 SH Sole 10,994
OCCIDENTAL PETE CORP DEL COM 674599105 321 11,300 SH Sole 11,300
OMNICOM GROUP INC COM 681919106 362 5,600 SH Sole 5,600
ORACLE CORP COM 68389X105 1764 163,334 SH Sole 163,334
Page Fair Market Value 21,485
PAYCHEX INC COM 704326107 315 11,275 SH Sole 11,275
PEPSI BOTTLING GROUP INC COM 713409100 221 8,600 SH Sole 8,600
PEPSICO INC COM 713448108 2250 53,300 SH Sole 53,300
PFIZER INC COM 717081103 5686 185,995 SH Sole 185,995
PG&E CORP COM 69331C108 164 11,796 SH Sole 11,796
PHARMACIA CORP COM 71713U102 1619 38,735 SH Sole 38,735
PHILIP MORRIS COS INC COM 718154107 2576 63,549 SH Sole 63,549
PITNEY BOWES INC COM 724479100 235 7,200 SH Sole 7,200
PLUMTREE SOFTWARE INC COM 72940Q104 1699 629,096 SH Sole 629,096
PNC FINL SVCS GROUP COM 693475105 356 8,500 SH Sole 8,500
PPG INDS INC COM 693506107 254 5,070 SH Sole 5,070
PRAXAIR INC COM 74005P104 279 4,831 SH Sole 4,831
PRINCIPAL FINANCIAL GROUP INC COM 74251V102 313 10,400 SH Sole 10,400
PROCTER & GAMBLE CO COM 742718109 3356 39,050 SH Sole 39,050
PROGRESS ENERGY INC COM 743263105 286 6,600 SH Sole 6,600
PROGRESSIVE CORP OHIO COM 743315103 323 6,500 SH Sole 6,500
PRUDENTIAL FINL INC COM 744320102 553 17,425 SH Sole 17,425
QUALCOMM INC COM 747525103 852 23,400 SH Sole 23,400
QWEST COMMUNICATIONS INTL INC COM 749121109 252 50,398 SH Sole 50,398
RADISYS CORP COM 750459109 5482 687,016 SH Sole 687,016
RAYTHEON CO COM NEW 755111507 372 12,100 SH Sole 12,100
REGIONS FINL CORP COM 758940100 220 6,600 SH Sole 6,600
ROHM & HAAS CO COM 775371107 217 6,692 SH Sole 6,692
Page Fair Market Value 27,880
SAFEWAY INC COM NEW 786514208 327 14,000 SH Sole 14,000
SANMINA SCI CORP COM 800907107 71 15,750 SH Sole 15,750
SARA LEE CORP COM 803111103 530 23,550 SH Sole 23,550
SBC COMMUNICATIONS INC COM 78387G103 2709 99,944 SH Sole 99,944
SCHERING PLOUGH CORP COM 806605101 978 44,050 SH Sole 44,050
SCHLUMBERGER LTD COM 806857108 732 17,400 SH Sole 17,400
SCHWAB CHARLES CORP NEW COM 808513105 445 41,000 SH Sole 41,000
SEARS ROEBUCK & CO COM 812387108 228 9,500 SH Sole 9,500
SIEBEL SYS INC COM 826170102 107 14,400 SH Sole 14,400
SLM CORP COM 78442P106 478 4,600 SH Sole 4,600
SOLECTRON CORP COM 834182107 88 24,800 SH Sole 24,800
SOUTHERN CO COM 842587107 603 21,250 SH Sole 21,250
SOUTHTRUST CORP COM 844730101 258 10,400 SH Sole 10,400
SOUTHWEST AIRLS CO COM 844741108 324 23,275 SH Sole 23,275
SPRINT CORP COM FON 852061100 389 26,866 SH Sole 26,866
GROUP
SPRINT CORP PCS PCS COM 852061506 131 30,008 SH Sole 30,008
SER 1
ST JUDE MED INC COM 790849103 211 5,312 SH Sole 5,312
ST PAUL COS INC COM 792860108 231 6,772 SH Sole 6,772
STANDARD MICROSYSTEMS CORP COM 853626109 30033 1,542,506 SH Sole 1,542,506
STAPLES INC COM 855030102 257 14,050 SH Sole 14,050
STARBUCKS CORP COM 855244109 238 11,700 SH Sole 11,700
STATE STR CORP COM 857477103 378 9,700 SH Sole 9,700
STRYKER CORP COM 863667101 396 5,900 SH Sole 5,900
Page Fair Market Value 40,142
SUN MICROSYSTEMS INC COM 866810104 304 97,614 SH Sole 97,614
SUNTRUST BKS INC COM 867914103 490 8,600 SH Sole 8,600
SYMBOL TECHNOLOGIES INC COM 871508107 7407 901,038 SH Sole 901,038
SYSCO CORP COM 871829107 593 19,900 SH Sole 19,900
TARGET CORP COM 87612E106 818 27,250 SH Sole 27,250
TELLABS INC COM 879664100 90 12,400 SH Sole 12,400
TENET HEALTHCARE CORP COM 88033G100 241 14,674 SH Sole 14,674
TEXAS INSTRS INC COM 882508104 782 52,100 SH Sole 52,100
TJX COS INC NEW COM 872540109 316 16,200 SH Sole 16,200
TRANSOCEAN INC ORD G90078109 223 9,604 SH Sole 9,604
TRAVELERS PPTY CAS CORP NEW CL B 89420G406 440 30,022 SH Sole 30,022
TRIBUNE CO NEW COM 896047107 415 9,126 SH Sole 9,126
TYCO INTL LTD NEW COM 902124106 1024 59,980 SH Sole 59,980
UNION PAC CORP COM 907818108 455 7,600 SH Sole 7,600
UNITEDHEALTH GROUP INC COM 91324P102 762 9,126 SH Sole 9,126
UNITED PARCEL SERVICE INC CL B 911312106 2116 33,550 SH Sole 33,550
UNITED TECHNOLOGIES CORP COM 913017109 880 14,200 SH Sole 14,200
UNOCAL CORP COM 915289102 237 7,750 SH Sole 7,750
US BANCORP DEL COM NEW 902973304 1221 57,547 SH Sole 57,547
VERITAS SOFTWARE CO COM 923436109 192 12,315 SH Sole 12,315
VERIZON COMMUNICATIONS COM 92343V104 3177 81,998 SH Sole 81,998
VIACOM INC CL B 925524308 2161 53,027 SH Sole 53,027
WACHOVIA CORP 2ND NEW COM 929903102 1501 41,191 SH Sole 41,191
Page Fair Market Value 25,844
WAL MART STORES INC COM 931142103 6751 133,652 SH Sole 133,652
WALGREEN CO COM 931422109 898 30,750 SH Sole 30,750
WASHINGTON MUT INC COM 939322103 1004 29,073 SH Sole 29,073
WASTE MGMT INC DEL COM 94106L109 421 18,363 SH Sole 18,363
WELLPOINT HEALTH NETWORK NEW COM 94973H108 313 4,400 SH Sole 4,400
WELLS FARGO & CO NEW COM 949746101 2394 51,074 SH Sole 51,074
WEYERHAEUSER CO COM 962166104 326 6,617 SH Sole 6,617
WILLIAMS COS INC DEL COM 969457100 42 15,500 SH Sole 15,500
WRIGLEY WM JR CO COM 982526105 373 6,800 SH Sole 6,800
WYETH COM 983024100 1489 39,826 SH Sole 39,826
XCEL ENERGY INC COM 98389B100 131 11,935 SH Sole 11,935
XEROX CORP COM 984121103 176 21,900 SH Sole 21,900
XILINX INC COM 983919101 208 10,100 SH Sole 10,100
XL CAP LTD CL A G98255105 317 4,100 SH Sole 4,100
YAHOO INC COM 984332106 295 18,050 SH Sole 18,050
YUM BRANDS INC COM 988498101 215 8,884 SH Sole 8,884
ZIMMER HLDGS INC COM 98956P102 245 5,889 SH Sole 5,889
Page Fair Market Value 15,597
REPORT TOTAL 279,398