as of 12/31/02 FORM 13F Name of Reporting Manager: HAMBRECHT & QUIST CAPITAL MANAGEMENT LLC Page 1 of 1 (SEC USE ONLY) / ---------------------------------------------------------------------------------------------------------------------------------- ITEM 6: ITEM 5: INVESTMENT DISCRETION ITEM 1: ITEM 2: ITEM 3: ITEM 4: SHARES OF ------------------------- NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET PRINCIPAL (b) SHARED- NUMBER VALUE AMOUNT (a) SOLE AS DEFINED (c) SHARED- IN INSTR. V OTHER ---------------------------------------------------------------------------------------------------------------------------------- Abgenix Common 00039B107 $3,648,150 495,000 X Adolor Common 00724X102 7,108,332 518,100 X Aradigm Common 038505103 567,000 350,000 X Biofield Common 090591207 228,505 878,866 X Biofield (Restricted) Common 090591207 208,000 1,000,000 X Biopure Common 09065H915 631,456 169,746 X BioTransplant Common 09066Y107 320,633 712,518 X Catalytica Energy Systems Common 148884109 354,701 128,515 X Celgene Common 151020104 14,814,300 690,000 X Corixa Common 21887F100 4,579,055 716,597 X Cubist Pharmaceuticals Common 229990981 7,884,381 958,003 X CV Therapeutics Common 126667104 9,953,713 546,307 X Cytyc Common 232946103 4,429,717 434,286 X deCODE Genetics Common 24386104 2,876,750 1,555,000 X Digene Common 253752109 315,150 27,500 X Dyax Common 26746E103 1,249,677 694,265 X Endocardial Solutions Common 292962107 5,633,331 1,666,666 X Endologix Common 292665106 280,500 330,000 X Envirogen Common 294040100 15,416 20,833 X EP MedSystems Common 26881P103 2,687,500 1,075,000 X Exelixis Common 30161Q104 9,776,000 1,222,000 X Genzyme Common 372917104 4,021,520 136,000 X Gilead Sciences Common 37555B103 24,705,624 726,636 X IDEXX Laboratories Common 45168D104 8,212,500 250,000 X Impax Laboratories Common 45256B101 1,548,261 386,100 X IVAX Common 465823102 6,603,572 544,400 X Kosan Common 50064W107 2,667,765 439,500 X Lexicon Genetics Common 5288872104 1,641,310 347,000 X Lynx Therapeutics Common 551812308 813,850 1,985,000 X Martek Biosciences Common 572901106 19,630,435 780,224 X MedImmune Common 584699102 11,166,870 411,000 X Molecular Devices Common 60851C107 4,788,949 290,768 X Orthovita Common 68750U102 7,395,000 1,700,000 X Quintiles Transnational Common 748767100 1,850,090 152,900 X Rigel Pharmaceuticals Common 766559108 1,119,975 1,027,500 X Telik Common 87959M109 7,773,313 666,665 X Transkaryotic Therapies Common 893735100 3,787,245 382,550 X Tularik Common 899165104 3,024,321 405,405 X Versicor Common 925314106 7,519,993 696,941 X Vertex Pharmaceuticals Common 92532F100 3,006,745 189,700 X WebMD Common 94769M105 6,476,625 757,500 X COLUMN TOTALS $205,316,230 ------------------------------------------------------------------------------------- Item 8: Item 1: Item 7: Voting Authority (Shares) Name of Issuer Managers -------------------------------- See Instr. V (a) Sole (b) Shared (c) None ------------------------------------------------------------------------------------- Abgenix NA X Adolor NA X Aradigm NA X Biofield NA X Biofield (Restricted) NA X Biopure NA X BioTransplant NA X Catalytica Energy Systems NA X Celgene NA X Corixa NA X Cubist Pharmaceuticals NA X CV Therapeutics NA X Cytyc NA X deCODE Genetics NA X Digene NA X Dyax NA X Endocardial Solutions NA X Endologix NA X Envirogen NA X EP MedSystems NA X Exelixis NA X Genzyme NA X Gilead Sciences NA X IDEXX Laboratories NA X Impax Laboratories NA X IVAX NA X Kosan NA X Lexicon Genetics NA X Lynx Therapeutics NA X Martek Biosciences NA X MedImmune NA X Molecular Devices NA X Orthovita NA X Quintiles Transnational NA X Rigel Pharmaceuticals NA X Telik NA X Transkaryotic Therapies NA X Tularik NA X Versicor NA X Vertex Pharmaceuticals NA X WebMD NA X COLUMN TOTALS