text: **( 7 )** **Investment Securities**
  
  The amortized cost for short - t e rm held-to-maturity and available-for-sale securities by class security type at December 31, 2000 and 1999, 
  w e re as follows: 
  
  December 31, 
  2 0 0 0 
  
  1 9 9 9 
  *(in thousands)*
  — 
  — 
  
  H e l d - t o - m a t u r i t y : 
  
  U.S. Federal Agency obligations 
  Corporate debentures 
  $  $ 
  7 5 0 
  2 , 3 0 5 
  
  Total investments  $  —  $  3 , 0 5 5 
  
  Securities totaling $2,305,000 and $750,000 have been re c o rded in cash and cash equivalents and investment securities, re s p e c t i v e l y, on the 
  balance sheet at December 31, 1999. In 2000 and 1999 the Company re c o rded a realized loss of $0 and $40,780, re s p e c t i v e l y, resulting fro m 
  the sale of available-for-sale securities. 