UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one.): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report
Name: Morgan Dempsey Capital Management, LLC
Address: 1511 W. Market St.
Mequon, WI 53092
13F File Number: 28-6620
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 it, 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: Gail L. Betzhold
Title: Office Manager
Phone: 262-241-1561
Signature, Place, and Date of Signing:
Gail L. Betzhold Mequon, Wisconsin April 25, 2000
Report Type (check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Managers: 0
Form 13F Information Table Entry Total: 76
Form 13F Information Table Value Total: 173,828,313
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
MORGAN DEMPSEY CAPITAL MANAGEMENT, LLC - File #28-6620
FORM 13F
March 31, 2000
Title of Market InvestmenVoting Authority
Security Class Cusip Value QuantityDiscretio Sole Share None
A.G. EDWARDS Com 281760108 4,738,800 118,470 Sole 52,47066,000
ADC TELECOMM Com 000886101 8,718,645 161,831 Sole 70,78591,046
AFLAC INC. Com 001055102 3,509,907 77,035 Sole 37,43039,605
AMERICA ONLINE Com 02364J104 3,792,348 56,235 Sole 26,20530,030
AMERICAN EXPRESS Com 025816109 366,237 2,459 Sole 1,390 1,069
AMERICAN HOME PROD Com 026609107 242,520 4,512 Sole 4,512
AMERICAN INTL GROU Com 02687410 1,080,765 9,870 Sole 2,935 6,935
AMGEN INC. Com 031162100 243,659 3,970 Sole 3,200
AVERY DENNISON COR Com 05361110 3,880,827 63,555 Sole 28,18035,375
BELDEN, INC. Com 077459105 3,545,025 128,910 Sole 56,66572,245
BEST BUY INC. Com 086516101 7,046,152 81,932 Sole 34,75547,177
BIOGEN INC Com 090597105 3,280,631 46,950 Sole 20,26526,685
BIOMET INC COM Com 090613100 307,005 8,440 Sole 5,800 2,640
BJ SERVICES CO. Com 055482103 4,616,079 62,485 Sole 28,05034,435
CINTAS CORP. Com 172908105 853,308 21,775 Sole 5,67516,100
CISCO SYS INC Com 17275R102 1,730,254 22,380 Sole 10,09012,290
CITIGROUP, INC Com 172967101 223,753 3,737 Sole 0 3,737
CTS CORP. Com 126501105 865,830 15,190 Sole 4,51510,675
DELL COMPUTER Com 247025109 968,178 17,950 Sole 4,65013,300
DOLLAR TREE STORES Com 256747106 4,214,828 80,860 Sole 36,45544,405
DONALDSON LUFKIN & Com 257661108 3,645,011 70,435 Sole 30,01540,420
DOUBLECLICK, INC. Com 258609304 4,455,146 47,585 Sole 21,49026,095
ENRON CORP. Com 293561106 247,088 3,300 Sole 3,300
EXXON MOBIL CORP Com 30229010 365,527 4,690 Sole 2,200 2,490
FIFTH THIRD BANCOR Com 316773100 276,255 4,385 Sole 3,680 705
GENERAL ELEC CO Com 36960410 1,750,314 11,247 Sole 3,600 7,647
GEORGIA PACIFIC CO Com 373298108 3,773,669 95,385 Sole 44,63550,750
HANOVER COMPRESSOR Com 410768105 3,783,894 66,530 Sole 29,42537,105
HOME DEPOT Com 437076102 866,493 13,434 Sole 8,061 5,373
INTEL CORP Com 45814010 822,235 6,232 Sole 1,600 4,632
INTERNET HOLDERS T Com 46059w102 1,212,874 7,290 Sole 1,625 5,665
INTL BUSINESS MACH Com 459200101 942,842 7,990 Sole 2,090 5,900
JABIL CIRCUIT INC. Com 478160104 5,280,393 122,090 Sole 56,60065,490
KOHLS CORP Com 500255104 990,560 9,664 Sole 2,350 7,314
LCA-VISION INC. Com 501803209 238,642 46,850 Sole 3,50043,350
LUCENT TECHNOLOGIE Com 54946310 1,392,274 22,731 Sole 8,27714,454
MARSHALL & ILSLEY Com 57183410 3,523,039 61,005 Sole 26,20034,805
MAXIM INTEGRATED P Com 57772K101 4,839,712 68,105 Sole 29,74038,365
MCDONALDS CORP. Com 580135101 495,593 13,260 Sole 5,430 7,830
MCI WORLDCOM Com 55268B106 1,005,371 22,188 Sole 8,31813,870
MEDTRONIC INC COM Com 58505510 459,337 8,930 Sole 8,930
MERCK & CO INC Com 58933110 385,734 6,209 Sole 6,209
MERRILL LYNCH Com 590188108 430,500 4,100 Sole 2,300 1,800
MICROSOFT CORP Com 59491810 990,569 9,323 Sole 3,400 5,923
MOLEX, INC. Com 60855410 353,675 6,020 Sole 6,020
MORGAN STANLEY DEA Com 61744644 702,366 8,475 Sole 3,875 4,600
MOTOROLA INC. Com 620076109 389,820 2,670 Sole 1,580 1,090
NATIONAL COMPUTER Com 635519101 4,596,174 90,565 Sole 37,20553,360
NOBLE DRILLING COR Com 655042109 5,931,520 143,360 Sole 65,50077,860
NORTHERN TRUST COR Com 665859104 6,224,871 92,135 Sole 43,39048,745
OMNICOM GROUP INC Com 68191910 5,950,618 63,558 Sole 27,45036,108
ORACLE SYSTEMS COR Com 68389x105 654,554 8,385 Sole 4,900 3,485
OSHKOSH TRUCK CORP Com 688239201 463,421 14,919 Sole 14,919
PFIZER INC COM Com 71708110 321,750 8,800 Sole 6,000 2,800
REAL NETWORKS, INC Com 75605L104 3,699,799 64,980 Sole 29,22035,760
ROYAL DUTCH PETR Com 78025804 221,422 3,830 Sole 3,830
S&P 400 MIDCAP Com 595635103 224,201 2,457 Sole 245 2,212
SAFEGUARD SCIENT Com 786449108 610,650 8,850 Sole 2,070 6,780
SANMINA CORP. Com 800907107 6,827,191 101,050 Sole 45,56055,490
SBC COMMUNICATIONS Com 78387G10 342,645 8,134 Sole 2,600 5,534
SCHLUMBERGER LTD. Com 806857108 831,555 10,870 Sole 6,260 4,610
SENSORMATIC ELECT Com 817265101 4,444,420 198,080 Sole 87,500110,580
SOLECTRON CORP. Com 834182107 3,681,870 91,760 Sole 40,89050,870
STAPLES, INC. Com 855030102 308,640 15,432 Sole 11,700 3,732
STATE STREET CORP Com 85747710 5,002,141 51,635 Sole 20,81530,820
SUN MICROSYSTEMS I Com 866810104 812,875 8,675 Sole 5,100 3,575
SUNGARD DATA SYS. Com 867363103 246,508 6,530 Sole 6,530
SYBRON INTL CORP Com 87114F106 504,745 17,405 Sole 6,05011,355
SYMANTEC CORP. Com 871503108 7,179,321 95,565 Sole 40,56555,000
TELEPHONE & DATA S Com 879433100 4,035,960 36,360 Sole 15,35021,010
TYCO INTL Com 902124106 5,144,933 102,642 Sole 43,50559,137
UNIVISION COMMUN Com 914906102 4,679,330 41,410 Sole 19,81021,600
WALMART STORES INC Com 931142103 759,925 13,450 Sole 7,495 5,955
WATSON PHARM Com 942683103 236,934 5,970 Sole 4,700 1,270
WEYERHAUSER CO. Com 962166104 1,753,605 30,765 Shared 30,765
YAHOO! INC. Com 984332106 293,051 1,710 Sole 1,450 260
173,828,313 ############
