David W. Tice's Portfolio

Portfolio Manager
Prudent Bear Fund

COMPANY                PRICE*
SHORTS
CALENERGY               29 5/8
CDW COMPUTER CENTERS    49 5/8
INTEL                   73 5/16
LAM RESEARCH            28 3/4
MICRON TECHNOLOGY       23 1/2
MONEY STORE             21 3/8
UNITED COMPANIES FIN.   14 7/16
YAHOO!                  57 13/16
LONGS
UNION CORP.             27 3/4
GOLDEN STAR RESOURCES    2 3/8

*AS OF DEC. 15

DATA: BLOOMBERG FINANCIAL MARKETS