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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment No:
This Amendment (check one only): [ ] is a restatement.
[ ]adds new holdings entries.
Name: Quintus Asset Management, Inc.
Address: 2101 Highland Ave
Suite 225
Birmingham, AL 35205
13F File Number: 28-07266
The institutional investment manager filling this report and the
persons 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.
Persons signing this Report on Behalf of Reporting Manager:
Name: Thomas C. Block
Title: Vice President of Operations
Phone: (205) 930-0989
Signature, Place and Date of Signing:
/s/ Thomas C. Block Birmingham, Alabama August 11, 1999
Report Type (check only one):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of other Managers Reporting for this Manager:
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FORM 13F SUMMARY PAGE
Report Summary:
Number of other Managers: 0
Form 13F Information Table Entry Total 66
Form 13F Information Table Value Total: 113,800 ($ thousands)
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COM COM 885535104 986 36952 SH SOLE 36892 60
ABBOTT LABS COM COM 002824100 2560 56424 SH SOLE 56383 41
ALLSTATE CORP COM COM 020002101 2194 61163 SH SOLE 61103 60
AMERICA ONLINE INC DEL COM COM 02364J104 289 2624 SH SOLE 2614 10
AMERICAN EXPRESS CO COM COM 025816109 741 5696 SH SOLE 5686 10
AMERICAN HOME PRODS CP COM COM 026609107 2454 42773 SH SOLE 42733 40
AMGEN INC COM COM 031162100 2930 48130 SH SOLE 48076 54
AMR CORP COM COM 001765106 583 8535 SH SOLE 8535
ASSOCIATES FIRST CAP CL A COM 046008108 1512 34259 SH SOLE 34245 14
AT&T CORP COM COM 001957109 2109 37780 SH SOLE 37745 35
BANK ONE CORP COM COM 06423A103 2641 44348 SH SOLE 44303 45
BELL ATLANTIC CORP COM COM 077853109 3057 46761 SH SOLE 46720 41
BOEING CO COM COM 097023105 1509 34292 SH SOLE 34257 35
BURLINGTON RES INC COM COM 122014103 974 22517 SH SOLE 22487 30
CAMPBELL SOUP CO COM COM 134429109 1388 29938 SH SOLE 29878 60
CHAMPION INTL CORP COM COM 158525105 1786 37306 SH SOLE 37306
CISCO SYS INC COM COM 17275R102 2539 39406 SH SOLE 39328 78
CITIGROUP INC COM COM 172967101 4168 87754 SH SOLE 87672 82
COCA COLA CO COM COM 191216100 263 4241 SH SOLE 4241
COLONIAL PPTYS TR COM SH BEN I COM 195872106 344 12179 SH SOLE 12179
COMPAQ COMPUTER CORP COM COM 204493100 760 32071 SH SOLE 32071
COMPASS BANCSHARES INC COM COM 20449H109 1773 65055 SH SOLE 65055
CONSOL ENERGY INC COM COM 20854P109 240 20000 SH SOLE 20000
DEERE & CO COM COM 244199105 901 22988 SH SOLE 22988
DELL COMPUTER CORP COM COM 247025109 262 7091 SH SOLE 7091
DELTA AIR LINES DEL COM COM 247361108 2219 38509 SH SOLE 38449 60
EASTMAN KODAK CO COM COM 277461109 1628 24029 SH SOLE 24029
FORD MTR CO DEL COM COM 345370100 2693 47723 SH SOLE 47685 38
FREDDIE MAC COM 313400301 3397 58575 SH SOLE 58529 46
GENERAL ELEC CO COM COM 369604103 4300 38057 SH SOLE 38026 31
GILLETTE CO COM COM 375766102 1860 45355 SH SOLE 45305 50
GTE CORP COM COM 362320103 1257 16649 SH SOLE 16634 15
HALLIBURTON CO COM COM 406216101 2530 55919 SH SOLE 55869 50
HOSPITALITY PPTYS TR COM SH BE COM 44106M102 382 14090 SH SOLE 14090
HRPT PROPERTIES TRUST COM 40426W101 240 15647 SH SOLE 15647
INTEL CORP COM COM 458140100 2647 44481 SH SOLE 44445 36
INTERNATIONAL BUS MACH COM COM 459200101 5089 39376 SH SOLE 39346 30
INTL PAPER CO COM COM 460146103 917 18247 SH SOLE 18247
JOHNSON & JOHNSON COM COM 478160104 3671 37457 SH SOLE 37430 27
KIMBERLY CLARK CORP COM COM 494368103 2577 45210 SH SOLE 45172 38
LILLY ELI & CO COM COM 532457108 2904 40547 SH SOLE 40504 43
LOWES COS INC COM COM 548661107 3268 57643 SH SOLE 57587 56
LUCENT TECHNOLOGIES COM COM 549463107 868 12878 SH SOLE 12878
MCDONALDS CORP COM COM 580135101 2393 58179 SH SOLE 58124 55
MEDICAL ASSURANCE, INC. COM 58449U100 605 21400 SH SOLE 21400
MERRILL LYNCH & CO INC COM COM 590188108 914 11498 SH SOLE 11498
MICROSOFT CORP COM COM 594918104 285 3157 SH SOLE 3157
MOBIL CORP COM COM 607059102 3171 32107 SH SOLE 32077 30
MONSANTO CO COM COM 611662107 320 8099 SH SOLE 8099
MOTOROLA INC COM COM 620076109 2446 25815 SH SOLE 25815
ORACLE CORPORATION COM 68389X105 1212 32644 SH SOLE 32644
PEPSICO INC COM COM 713448108 2346 60649 SH SOLE 60458 191
PHILIP MORRIS COS INC COM COM 718154107 316 7865 SH SOLE 7825 40
REGIONS FINL CORP COM COM 758940100 1149 29891 SH SOLE 29891
RITE AID CORP COM COM 767754104 1162 47179 SH SOLE 47179
SCHWAB CHARLES CP NEW COM COM 808513105 603 5534 SH SOLE 5497 37
SOUTHTRUST CORP COM COM 844730101 1513 39432 SH SOLE 39432
SPRINT CORP COM COM 852061100 2047 38618 SH SOLE 38570 48
SUN MICROSYSTEMS INC COM COM 866810104 6055 87906 SH SOLE 87828 78
TENNECO INC NEW COM COM 88037E101 754 31594 SH SOLE 31594
TEXAS UTILS CO COM COM 882848104 927 22365 SH SOLE 22365
TORCHMARK CORP COM COM 891027104 873 25594 SH SOLE 25594
WADDELL & REED FINL CL A COM 930059100 1585 57502 SH SOLE 57502
WAL MART STORES INC COM COM 931142103 1184 24538 SH SOLE 24232 306
INGERSOLL-RAND CO INCOME PRIDE PFD CV 456867209 265 8821 SH SOLE 8821
MCN ENERGY GROUP INC PRIDES IN PFD CV 55267J308 265 6785 SH SOLE 6785
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