13F-NT 1 sept02.txt 13F FOR THE PERIOD ENDING 09/30/02 ON BEHALF OF THE COMPANY CONDOR CAPITAL MANAGEMENT, INC. 1973 WASHINGTON VALLEY ROAD, MARTINSVILLE, NJ 08836 KENNETH P. SCHAPIRO, PRESIDENT 732 356 7323. THIS IS THE 13F REQUIRED FILING. KENNETH P. SCHAPIRO, MARTINSVILLE, NJ November 11 2002. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M Co COM 88579Y101 547 4975 SH SOLE 4975 AOL Time Warner Inc. COM 00184a105 1047 89522 SH SOLE 89522 AT&T Corp. COM 001957109 143 11902 SH SOLE 11902 Abgenix Inc. COM 00339b107 81 12500 SH SOLE 12500 Agere Systems Inc CL B COM 00845V209 22 22471 SH SOLE 22471 American Express Co. COM 025816109 1515 48577 SH SOLE 48577 American Intl. Group Inc. COM 026874107 2540 46443 SH SOLE 46443 Amgen Inc. COM 031162100 892 21385 SH SOLE 21385 Amylin Pharmaceuticals Inc. COM 032346108 263 15800 SH SOLE 15800 Anadarko Petroleum Corp. COM 032511107 1826 41000 SH SOLE 41000 Applied Materials Inc. COM 038222105 896 77575 SH SOLE 77575 Archstone-Smith Trust COM 039583109 286 11977 SH SOLE 11977 Arthur J. Gallagher & Co. COM 363576109 277 11224 SH SOLE 11224 Automatic Data Processing Inc. COM 053015103 209 6002 SH SOLE 6002 Bed Bath & Beyond Inc. COM 075896100 720 22115 SH SOLE 22115 Biomarin Pharmaceuticals Inc. COM 09061G101 98 16900 SH SOLE 16900 Biotech HOLDRs Trust COM 09067D201 538 6900 SH SOLE 6900 Calpine Corp. COM 131347106 158 64000 SH SOLE 64000 Canada Wood Holdings Inc. COM 135305100 0 26945 SH SOLE 26945 Cardinal Health Inc. COM 14149Y108 2699 43399 SH SOLE 43399 Celgene Corp. COM 151020104 187 11100 SH SOLE 11100 Cell Therapeutics Inc. COM 150934107 58 13100 SH SOLE 13100 Cephalon Inc. COM 156708109 269 6600 SH SOLE 6600 Charles Schwab Corp. COM 808513105 1448 166485 SH SOLE 166485 Cisco Systems Inc. COM 17275R102 1938 184935 SH SOLE 184935 Citigroup Inc. COM 172967101 4913 165708 SH SOLE 165708 Citizens Communications Co. COM 17453B101 109 16126 SH SOLE 16126 Colgate Palmolive Co. COM 194162103 1487 27558 SH SOLE 27558 Comcast Corp. Special CL A Non COM 200300200 1815 87000 SH SOLE 87000 Corixa Corp. COM 21887f100 92 14600 SH SOLE 14600 Costco Wholesale Corp. COM 22160k105 1581 48855 SH SOLE 48855 CuraGen Corp. COM 23126r101 49 11600 SH SOLE 11600 Dell Computer Corp. COM 247025109 1047 44520 SH SOLE 44520 EMC Corp. COM 268648102 560 122431 SH SOLE 122431 Exelixis Inc. COM 30161q104 67 13600 SH SOLE 13600 Exxon Mobil Corp. COM 30231G102 3583 112309 SH SOLE 112309 First Data Corp. COM 319963104 736 26350 SH SOLE 26350 First Sentinel Bancorp Inc. COM 33640T103 675 49854 SH SOLE 49854 FleetBoston Financial Corp. COM 339030108 579 28468 SH SOLE 28468 Flextronics Intl. Ltd. COM Y2573F102 379 54350 SH SOLE 54350 Genentech Inc. COM 368710406 697 21375 SH SOLE 21375 General Dynamics Corp. COM 369550108 1457 17915 SH SOLE 17915 General Electric COM 369604103 5511 223568 SH SOLE 223568 General Motors Corp. COM 370442105 288 7402 SH SOLE 7402 Genta Inc. COM 37245m207 112 17400 SH SOLE 17400 Goldman Sachs Group Inc. COM 38141G104 1628 24651 SH SOLE 24651 Home Depot Inc. COM 437076102 3258 124823 SH SOLE 124823 Illinois Tool Works Inc. COM 452308109 200 3430 SH SOLE 3430 ImmunoGen Inc. COM 45253h101 47 14400 SH SOLE 14400 Immunomedics Inc. COM 452907108 68 11300 SH SOLE 11300 Incyte Genomics Inc. COM 45337c102 81 17400 SH SOLE 17400 Inhale Therapeutic Systems Inc COM 457191104 61 12200 SH SOLE 12200 Intel Corp. COM 458140100 3035 218485 SH SOLE 218485 InterMune Inc. COM 45884x103 354 10800 SH SOLE 10800 International Business Machine COM 459200101 3764 64553 SH SOLE 64553 Invitrogen Corp. COM 46185r100 232 6800 SH SOLE 6800 Isis Pharmaceuticals Inc. COM 464330109 128 13000 SH SOLE 13000 Ivory Cap Corp. COM 465910107 0 6327000 SH SOLE 6327000 J.P. Morgan Chase & Co Inc. COM 46625h100 1905 100312 SH SOLE 100312 Johnson & Johnson COM 478160104 9662 178665 SH SOLE 178665 Kimberly Clark Corp. COM 494368103 1776 31348 SH SOLE 31348 Kraft Foods Inc. COM 50075n104 984 27000 SH SOLE 27000 Lasersight Inc. COM 517924106 5 15600 SH SOLE 15600 Ligand Pharmaceuticals CL B COM 53220K207 82 12100 SH SOLE 12100 Lockheed Martin Corp. COM 539830109 383 5925 SH SOLE 5925 Lowe's Companies Inc. COM 548661107 985 23800 SH SOLE 23800 Lucent Technologies Inc. COM 549463107 78 102143 SH SOLE 102143 Marsh & McLennan Companies Inc COM 571748102 2296 55149 SH SOLE 55149 McDonalds Corp. COM 580135101 1327 75156 SH SOLE 75156 Medarex Inc. COM 583916101 46 13600 SH SOLE 13600 Medtronic Inc. COM 585055106 200 4751 SH SOLE 4751 Mellon Financial Corp. COM 58551a108 462 17800 SH SOLE 17800 Merck & Co. COM 589331107 1585 34679 SH SOLE 34679 Microsoft Corp. COM 594918104 4730 108133 SH SOLE 108133 Morgan Stanley Dean Witter COM 617446448 1347 39757 SH SOLE 39757 NEWSGRADE.COM INC COM xxxxxxxxx 0 40000 SH SOLE 40000 NPS Pharmaceuticals Inc. COM 62936P103 243 11800 SH SOLE 11800 Nasdaq-100 Shares COM 631100104 939 45339 SH SOLE 45339 Neurocrine Biosciences Inc. COM 64125c109 394 9600 SH SOLE 9600 Nokia Corp. ADR COM 654902204 1551 117066 SH SOLE 117066 Northrop Grumman Corp. COM 666807102 1625 13098 SH SOLE 13098 Novartis AG ADR COM 66987V109 896 22550 SH SOLE 22550 Oracle Corp. COM 68389X105 1847 235025 SH SOLE 235025 Patriot Scientific Corp. COM 70336n107 1 26000 SH SOLE 26000 PepsiCo Inc. COM 713448108 2297 62168 SH SOLE 62168 Pfizer Inc. COM 717081103 6538 225280 SH SOLE 225280 Pharmacia Corp. COM 71713u102 203 5221 SH SOLE 5221 Plantronics Inc. COM 727493108 443 27200 SH SOLE 27200 Precept Business Services Inc. COM 740165204 0 37921 SH SOLE 37921 Proctor and Gamble COM 742718109 2063 23083 SH SOLE 23083 Protein Design Labs Inc. COM 74369l103 94 11300 SH SOLE 11300 Qiagen NV COM 110 24000 SH SOLE 24000 Qualcomm Inc. COM 747525103 2406 87123 SH SOLE 87123 Regeneron Pharmaceuticals Inc. COM 75886f107 149 11000 SH SOLE 11000 SBC Communications Inc. COM 78387G103 695 34553 SH SOLE 34553 SPDR Unit Trust COM 78462F103 1559 19065 SH SOLE 19065 Scios Inc. COM 808905103 303 11900 SH SOLE 11900 Spherix Inc. COM 84842r106 75 10850 SH SOLE 10850 Sun Microsystems Inc. COM 866810104 320 123644 SH SOLE 123644 Target Corp. COM 87612e106 1965 66581 SH SOLE 66581 Teradyne Inc. COM 880770102 96 10000 SH SOLE 10000 Texas Instruments Inc. COM 882508104 726 49146 SH SOLE 49146 The Walt Disney Co. COM 254687106 1422 93949 SH SOLE 93949 Transkaryotic Therapies Inc. COM 893735100 204 6300 SH SOLE 6300 Trimeris Inc. COM 896263100 259 5800 SH SOLE 5800 Tularik Inc. COM 899165104 79 11500 SH SOLE 11500 United Energy Corporation COM 910900208 14 10000 SH SOLE 10000 United Parcel Service Inc. CL COM 911312106 340 5440 SH SOLE 5440 United States Crude Internatio COM 911758100 0 20000 SH SOLE 20000 Verizon Communications COM 92343v104 1884 68670 SH SOLE 68670 Wachovia Corp. COM 929903102 1690 51712 SH SOLE 51712 Wal-Mart Stores Inc. COM 931142103 3279 66585 SH SOLE 66585 Wells Fargo & Co. COM 949746101 4580 95095 SH SOLE 95095 iShares DJ US Consmr Cyclic Se COM 464287580 767 18700 SH SOLE 18700 iShares DJ US Consmr Non-Cycl COM 464287812 268 6600 SH SOLE 6600 iShares DJ US Energy Sector In COM 464287796 208 5500 SH SOLE 5500 iShares DJ US Financial Sector COM 464287788 1042 16150 SH SOLE 16150 iShares DJ US Healthcare Secto COM 464287762 205 4400 SH SOLE 4400 iShares Dow Jones US Telecom I COM 464287713 250 17825 SH SOLE 17825 iShares Goldman Sachs Networki COM 464287531 140 14700 SH SOLE 14700 iShares Goldman Sachs Semicond COM 464287523 319 10800 SH SOLE 10800