amended to correct column error
FORM 13F COVER PAGE September 30, 1999
Institutional Investment Manager Filing this Report:
Name: Johnson Asset Management
Address: 4041 N. Main Street
Racine, WI 53402
13F File Number: 801-25520
CIK: 0001034538
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, 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.
Person Signing this Report on Behalf of Reporting Manager:
Name: Wendell L. Perkins
Title: Sr. Vice President
Phone: (414) 681-4622
Signature, Place, and Dated of Signing:
Wendell L. Perkins Racine, WI November 9, 1999
Report Type: [x] 13F Holding Report
I am Signing this report as required by the Securities Exchange
Act of 1934.
<PAGE>
FORM 13F SUMMARY
Number of other managers: 0
Form 13F Information Table Entry Total: 181
Form 13F Information Table Value Total: $300,157
<PAGE>
<TABLE> <C> <C>
FORM 13 F INFORMATION TABLE
NAME OF ISSUER CLASS CUSIP VALUE SHARES SH/CALL DSCRETN OTHERS SOLE
A G Edwards Inc COM 281760108 3581 135770 sh SOLE 135770
Aaron Rents INC COM 002535201 749 43400 sh SOLE 43400
Abbott Laboratories COM 002824100 349 9500 sh SOLE 9500
Actel Corp COM 004934105 616 32400 sh SOLE 32400
Adac Labs COM 005313200 315 32100 sh SOLE 32100
Adobe Systems COM 00724F101 4521 39830 sh SOLE 39830
Albertsons Inc. COM 013104104 3560 89976 sh SOLE 89976
Alexander & Baldwin Inc COM 014482103 750 31400 sh SOLE 31400
Allstate Corporation COM 020002101 3498 140260 sh SOLE 140260
Alltel Corp COM 020039103 1457 20700 sh SOLE 20700
American Home Products COM 026609107 398 9600 sh SOLE 9600
American Power conv COM 029066107 266 14000 sh SOLE 14000
Ametek, Inc. COM 031100100 652 32900 Sh SOLE 32900
Amsouth Bancorp COM 032165102 3414 145673 sh SOLE 145673
Andrew Corp COM 034425108 660 37980 sh SOLE 37980
Apple Computer COM 037833100 3692 58310 sh SOLE 58310
Arctic Cat COM 039670104 648 67800 sh SOLE 67800
Arrow International Inc COM 042764100 616 24100 sh SOLE 24100
Arvin Industries COM 043339100 606 19600 sh SOLE 19600
Associated Banc Corp. COM 045487105 454 12537 sh SOLE 12537
AT&T COM 001957109 341 7837 sh SOLE 7837
Atlantic Richfield COM 048825103 1667 18810 sh SOLE 18810
Bandag COM 059815100 531 16600 sh SOLE 16600
Banta Corp. COM 066821109 616 27600 sh SOLE 27600
Barnes Group Inc COM 067806109 532 26500 sh SOLE 26500
Barra Inc COM 068313105 475 22600 sh SOLE 22600
Becton Dickinson COM 075887109 3701 131890 sh SOLE 131890
Bell Atlantic Corp. COM 077853109 6787 100824 sh SOLE 100824
Bell South Corp COM 079860102 3374 74980 sh SOLE 74980
BestFoods COM 08658U101 218 4480 sh SOLE 4480
Borg Warner Automotive COM 099724106 206 4800 sh SOLE 4800
BP Amoco PLC - spon Adr COM 055622104 410 3703 sh SOLE 3703
Bristol-Myers Squibb COM 110122108 941 13936 sh SOLE 13936
Brown Shoe Company, COM 115736100 641 35000 sh SOLE 35000
Buffets Inc COM 119882108 751 64600 sh SOLE 64600
Capital Re COM 140432105 328 32800 sh SOLE 32800
C-Cube Microsystems COM 125015107 635 14600 sh SOLE 14600
Centex Construction COM 15231R109 672 18100 sh SOLE 18100
CenturyTel Inc COM 156700106 5459 134380 sh SOLE 134380
Chase Cap VII COM 16147M200 905 40000 sh SOLE 40000
Chase Manhattan COM 16161A108 1128 14970 sh SOLE 14970
Chittenden COM 170228100 644 22600 sh SOLE 22600
Clarcor Inc COM 179895107 652 38800 sh SOLE 38800
Coastal Corp COM 190441105 3670 89650 sh SOLE 89650
Colgate-Palmolive Co COM 194162103 256 5600 sh SOLE 5600
Colonial Banc Group A COM 195493309 613 54800 sh SOLE 54800
Columbia HCA Healthcare COM 197677107 1623 76600 sh SOLE 76600
Comerica, Inc. COM 200340107 1643 32450 sh SOLE 32450
Commerce Bancshares COM 200525103 400 11300 sh SOLE 11300
Commercial Intertech COM 201709102 435 36100 sh SOLE 36100
Communications Sys Inc COM 203900105 207 17800 sh SOLE 17800
Compaq Computer COM 204493100 2470 107970 sh SOLE 107970
Compass Bancshares COM 20449H109 1584 63375 sh SOLE 63375
Computer Assoc Intl Inc COM 204912109 2155 35260 sh SOLE 35260
Computer Task Group Inc COM 205477102 521 35300 sh SOLE 35300
Comsat Corp. COM 20564D107 1353 45670 sh SOLE 45670
ConAgra COM 205887102 4381 194170 sh SOLE 194170
Conseco Inc COM 208464107 1556 81910 sh SOLE 81910
Cooper Industries Inc. COM 216669101 690 14750 sh SOLE 14750
Cordant Technologies COM 218412104 563 18500 sh SOLE 18500
Corvel Corp. COM 221006109 664 30200 sh SOLE 30200
Countrywide Credit COM 222372104 3508 108780 sh SOLE 108780
Dallas Semiconductor COM 235204104 721 13500 sh SOLE 13500
Dell Computer COM 247025109 485 11600 sh SOLE 11600
Delphi Financial Group COM 247131105 345 11437 sh SOLE 11437
Deluxe Corp. COM 248019101 3560 104700 sh SOLE 104700
Dentsply International COM 249030107 692 30400 sh SOLE 30400
Department 56 Inc. COM 249509100 615 25700 sh SOLE 25700
Dexter Corp COM 252165105 664 17800 sh SOLE 17800
Donnelley (RR) & Sons COM 257867101 4289 148540 sh SOLE 148540
Dow Chemical COM 260543103 3841 33800 sh SOLE 33800
DSP Group Inc COM 23332B106 638 16000 sh SOLE 16000
DTE Energy Company COM 233331107 3648 100290 sh SOLE 100290
Dun & Bradstreet Corp. COM 26483B106 3607 120720 sh SOLE 120720
DuPont COM 263534109 2516 41580 sh SOLE 41580
Dura Automotive System COM 265903104 206 8550 sh SOLE 8550
Eastern Enterprises COM 27637F100 910 19600 sh SOLE 19600
Eastman Kodak COM 277461109 5557 73475 sh SOLE 73475
Edison International COM 281020107 1172 48200 sh SOLE 48200
EOG Resources Inc. COM 26875P101 412 19400 sh SOLE 19400
Everest Re COM 299808105 205 8600 sh SOLE 8600
Exxon Corp. COM 302290101 269 3536 sh SOLE 3536
Ferro Corp COM 315405100 603 28300 sh SOLE 28300
Fleet Boston Corp. COM 33901A108 3572 97540 sh SOLE 97540
FMC Corporation COM 302491303 2849 59040 sh SOLE 59040
FNB Corp / PA COM 302520101 442 18235 sh SOLE 18235
Ford Motor COM 345370100 5579 111027 sh SOLE 111027
FPL Group, Inc. COM 302571104 695 13800 sh SOLE 13800
General Electric COM 369604103 1004 8466 sh SOLE 8466
Global Crossing Ltd. COM G3921A100 1620 61131 sh SOLE 61131
GTE Corp. COM 362320103 211 2750 sh SOLE 2750
Hannaford Brothers Co COM 410550107 761 10800 sh SOLE 10800
Harleysville Group COM 412824104 432 30700 sh SOLE 30700
Harris COM 413875105 3350 121250 sh SOLE 121250
Harsco COM 415864107 751 27200 sh SOLE 27200
Herbalife International COM 426908307 1015 70300 sh SOLE 70300
Intel Corp COM 458140100 2420 32560 sh SOLE 32560
International Business COM 459200101 2580 21320 sh SOLE 21320
Intuit Inc. COM 461202103 1061 12100 sh SOLE 12100
ITT Industries, Inc. COM 450911102 369 11600 sh SOLE 11600
J & J Snack Foods Corp. COM 466032109 435 22000 sh SOLE 22000
Johnson & Johnson COM 478160104 441 4800 sh SOLE 4800
Johnson Controls COM 478366107 5776 87110 sh SOLE 87110
Kerr McGee COM 492386107 898 16300 sh SOLE 16300
KeyCorp COM 493267108 3283 127170 sh SOLE 127170
Knight-Ridder COM 499040103 2516 45750 sh SOLE 45750
Lehman Bros. Holding, COM 524908100 806 13800 sh SOLE 13800
Litton Industries COM 538021106 3378 61700 sh SOLE 61700
Lockheed Martin COM 539830109 640 19570 sh SOLE 19570
Louis Dreyfus Natural COM 546011107 253 11800 sh SOLE 11800
Lucent Technologies COM 549463107 432 6664 sh SOLE 6664
Mattel, Inc. COM 577081102 2916 153470 sh SOLE 153470
Maxxim Medical Inc COM 57777G105 563 23500 sh SOLE 23500
Mellon Bank Corp COM 585509102 824 24500 sh SOLE 24500
Merck & Co. COM 589331107 5699 87934 sh SOLE 87934
Microsoft COM 594918104 217 2400 sh SOLE 2400
Milacron Inc. COM 598709103 527 29700 sh SOLE 29700
Minnesota Min'g/Mfg COM 604059105 381 3964 sh SOLE 3964
Mobil Corp COM 607059102 330 3280 sh SOLE 3280
Morgan J P & Co COM 616880100 4027 35250 sh SOLE 35250
Morgan Keegan Inc. COM 617410105 469 27500 sh SOLE 27500
Myers Industries Inc. COM 628464109 494 27830 sh SOLE 27830
Northrop Grumman COM 666807102 4801 75530 sh SOLE 75530
Novell Inc COM 670006105 3133 151460 sh SOLE 151460
NSTAR COM 67019E107 393 10113 sh SOLE 10113
Ocean Energy Inc. COM 67481E106 827 81200 sh SOLE 81200
OfficeMax Inc COM 67622M108 409 70300 sh SOLE 70300
Ogden Corp COM 676346109 275 26500 sh SOLE 26500
Old Republic Intl Corp COM 680223104 3697 256080 sh SOLE 256080
Oracle Corp COM COM 68389X105 1410 30984 sh SOLE 30984
Penney, J C COM 708160106 521 15100 sh SOLE 15100
Personnel Group of Amer COM 715338109 296 47400 sh SOLE 47400
Pfizer COM 717081103 441 12300 sh SOLE 12300
Phillips Petroleum COM 718507106 5248 107660 sh SOLE 107660
Pinnacle West Capital COM 723484101 3993 109780 sh SOLE 109780
Pittston Brink's Group COM 725701106 531 22900 sh SOLE 22900
PNC Bank Corp. COM 693475105 4675 88740 sh SOLE 88740
Progress Software Corp COM 743312100 606 19300 sh SOLE 19300
Pxre Group Limited COM G73018106 396 27200 sh SOLE 27200
Questar Corp COM 748356102 535 29500 sh SOLE 29500
Ralcorp Holdings Inc COM 751028101 699 39500 sh SOLE 39500
Regal Beloit COM 758750103 679 32700 sh SOLE 32700
ReliaStar Financial COM 75952U103 3170 95330 sh SOLE 95330
Riggs National COM 766570105 251 14900 sh SOLE 14900
Ryland Group Inc COM 783764103 657 28900 sh SOLE 28900
Santa Fe Snyder Corp COM 80218K105 334 37100 sh SOLE 37100
Sara Lee Corp COM 803111103 4437 189814 sh SOLE 189814
Sears, Roebuck COM 812387108 4160 132588 sh SOLE 132588
SLM HLDS CORP COM COM 78442A109 226 5250 sh SOLE 5250
Smith (A.O.) COM 831865209 303 10000 sh SOLE 10000
Springs Indust COM 851783100 597 17600 sh SOLE 17600
Sprint COM 852061100 5952 109720 sh SOLE 109720
SPS Technologies Inc COM 784626103 580 15300 sh SOLE 15300
Standex International COM 854231107 427 15800 sh SOLE 15800
Sterling Software Inc COM 859547101 930 46500 sh SOLE 46500
Summit Bancorp COM 866005101 4632 142790 sh SOLE 142790
Sun Microsystems COM 866810104 279 3000 sh SOLE 3000
Sunoco Inc COM 86764P109 2616 95550 sh SOLE 95550
SuperValu, Inc COM 868536103 5484 248580 sh SOLE 248580
Symantec Corporation COM 871503108 615 17100 sh SOLE 17100
Synopsys COM 871607107 449 8000 sh SOLE 8000
Tenn Valley Auth - COM 880591300 925 40000 sh SOLE 40000
TNP Enterprises Inc COM 872594106 783 20100 sh SOLE 20100
Trinity Industries Inc COM 896522109 611 19800 sh SOLE 19800
TRW, Inc COM 872649108 211 4240 sh SOLE 4240
U S West Inc. COM 91273H101 6184 108380 sh SOLE 108380
UGI Corp COM 902681105 721 31000 sh SOLE 31000
UMB Financial COM 902788108 655 15700 sh SOLE 15700
Unifirst Corp COM 904708104 330 24000 sh SOLE 24000
Unilever COM 904784709 693 10178 sh SOLE 10178
Unionbancal Corp COM 908906100 4992 137710 sh SOLE 137710
Universal Corp - VA COM 913456109 651 24900 sh SOLE 24900
Unocal Corp COM 915289102 3299 89020 sh SOLE 89020
USBANCORP Inc-PA COM 917292104 400 29600 sh SOLE 29600
USX-Marathon Group COM 902905827 3643 124530 sh SOLE 124530
V F Corp COM 918204108 3695 119200 sh SOLE 119200
Watson Pharmaceuticals COM 942683103 3989 130525 sh SOLE 130525
Wellpoint Health COM 94973H108 4467 78370 sh SOLE 78370
West Pharmaceutical COM 955306105 543 14300 sh SOLE 14300
Xircom COM 983922105 670 15700 sh SOLE 15700
XL Capital LTD Class A COM G98255105 3352 74483 sh SOLE 74483
</TABLE>
