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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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: WASLIC Company II
Address: 802 West Street
Wilmington, DE 19801
Form 13F File Number: 28-04795
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: Daniel Lindley
Title: President
Phone: (302) 571-5550
Signature, Place, and Date of Signing:
/s/ Daniel F. Lindley Wilmington, DE August 11, 1999
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[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
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[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-04795 _________________________________
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FORM 13F NAME OF REPORTING MANAGER WASLIC CO. II
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<CAPTION>
ITEM 5:
ITEM 1: ITEM 2: ITEM 3: ITEM 4: FAIR MARKET
NAME OF ISSUER TITLE OF CLASS CUSIP # SHARES VALUE
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<S> <C> <C> <C> <C>
WASLIC CO II
ABBOTT LABS INC Common Stock 002824100 40,000 1,815,000
ADVANCED COMMUNICATIONS GRP Common Stock 00751B106 265,000 2,633,438
ALLIANT ENERGY CORP Common Stock 018802108 243,396 6,906,362
ALLTEL CORP Common Stock 020039103 40,000 2,860,000
APPLIED MATERIALS INC Common Stock 038222105 80,000 5,910,000
BANK NEW YORK INC Common Stock 064057102 1,650,000 60,534,375
CINCINNATI BELL INC Common Stock 171870108 11,431,678 285,077,470
CINCINNATI FINL CORP Common Stock 172062101 1,357,603 50,994,963
CINERGY CORP Common Stock 172474108 175,000 5,600,000
CISCO SYSTEMS INC Common Stock 17275R102 105,000 6,765,938
COMPAQ COMPUTER CORP Common Stock 204493100 107,000 2,534,563
CONECTIV INC Common Stock 206829103 27,000 659,813
CONVERGYS CORPORATION Common Stock 212485106 12,431,678 240,863,761
DSP GROUP Common Stock 23332B106 150,000 5,400,000
DOMINION RES INC VA Common Stock 257470104 60,000 2,598,750
FIFTH THIRD BANCORP Common Stock 316773100 12,527,500 833,861,719
FIRST AMERICAN CORP-TENN Common Stock 318900107 100,000 4,156,250
FIRSTAR CORP Common Stock 33763V109 14,316,084 400,850,352
FRONTIER CORP Common Stock 35906P105 45,800 2,685,025
GENERAL ELECTRIC CO Common Stock 369604103 45,000 5,085,000
HUNTINGTON BANCSHARES Common Stock 446150104 60,500 2,117,500
IDACORP INC Common Stock 451107106 40,000 1,260,000
INTEL CORP Common Stock 458140100 90,000 5,355,000
JOHNSON & JOHNSON Common Stock 478160104 40,000 3,920,000
MERCANTILE BANCORPORATION INC Common Stock 587342106 40,000 2,285,000
MIDWEST BANC HOLDINGS INC Common Stock 598251106 126,700 2,407,300
MOBIL CORP Common Stock 607059102 50,000 4,937,500
NISOURCE INC. Common Stock 65473P105 70,000 1,806,875
NORTH FORK BANCORP Common Stock 659424105 120,000 2,565,000
NORTHWESTERN CORP Common Stock 668074107 264,900 6,407,269
OFFICE DEPOT INC Common Stock 676220106 160,000 3,530,000
OHIO CASUALTY CORP Common Stock 677240103 442,500 15,985,313
ORACLE CORPORATION Common Stock 68389X105 136,000 5,049,000
PACIFIC GATEWAY EXCHANGE INC Common Stock 694327107 127,500 3,713,438
PEOPLES HERITAGE FINL GROUP Common Stock 711147108 242,500 4,562,031
PEPSICO INC Common Stock 713448108 83,000 3,211,063
PINNACLE HOLDINGS INC. Common Stock 72346N101 67,700 1,658,650
RELIASTAR FINL CORP Common Stock 75952U103 100,000 4,375,000
ST PAUL BANCORP INC Common Stock 792848103 155,001 3,952,526
SOUTHERN CO Common Stock 842587107 150,000 3,975,000
TENNECO INC NEW Common Stock 88037E101 75,000 1,790,625
THOMAS & BETTS CORP Common Stock 884315102 30,000 1,417,500
UGI CORP Common Stock 902681105 51,000 1,029,563
UNITED RENTALS INC. Common Stock 911363109 70,000 2,065,000
WPS RESOURCES CORP Common Stock 92931B106 22,000 660,000
WILMINGTON TR CORP Common Stock 971807102 51,100 2,931,863
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TOTAL 58,063,140 2,020,760,789.59
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</TABLE>
<TABLE>
<CAPTION>
ITEM 6:
INVESTMENT DISCRETION ITEM 8:
----------------------------------- VOTING AUTHORITY
(a)SOLE (b) SHARED- (c) SHARED- ITEM 7: (shares)
ITEM 1: AS DEFINED OTHER MANAGERS ----------------------------------
NAME OF ISSUER IN INSTR. V SEE INSTR. V (a)SOLE (b) SHARED (c) NONE
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<S> <C> <C> <C> <C> <C> <C> <C>
WASLIC CO II
ABBOTT LABS INC X 40,000
ADVANCED COMMUNICATIONS GRP X 265,000
ALLIANT ENERGY CORP X 243,396
ALLTEL CORP X 40,000
APPLIED MATERIALS INC X 80,000
BANK NEW YORK INC X 1,650,000
CINCINNATI BELL INC X 11,431,678
CINCINNATI FINL CORP X 1,357,603
CINERGY CORP X 175,000
CISCO SYSTEMS INC X 105,000
COMPAQ COMPUTER CORP X 107,000
CONECTIV INC X 27,000
CONVERGYS CORPORATION X 12,431,678
DSP GROUP X 150,000
DOMINION RES INC VA X 60,000
FIFTH THIRD BANCORP X 12,527,500
FIRST AMERICAN CORP-TENN X 100,000
FIRSTAR CORP X 14,316,084
FRONTIER CORP X 45,800
GENERAL ELECTRIC CO 45,000
HUNTINGTON BANCSHARES 60,500
IDACORP INC 40,000
INTEL CORP 90,000
JOHNSON & JOHNSON 40,000
MERCANTILE BANCORPORATION INC 40,000
MIDWEST BANC HOLDINGS INC 126,700
MOBIL CORP 50,000
NISOURCE INC. 70,000
NORTH FORK BANCORP 120,000
NORTHWESTERN CORP 264,900
OFFICE DEPOT INC 160,000
OHIO CASUALTY CORP 442,500
ORACLE CORPORATION 136,000
PACIFIC GATEWAY EXCHANGE INC 127,500
PEOPLES HERITAGE FINL GROUP 242,500
PEPSICO INC 83,000
PINNACLE HOLDINGS INC. 67,700
RELIASTAR FINL CORP 100,000
ST PAUL BANCORP INC 155,001
SOUTHERN CO 150,000
TENNECO INC NEW 75,000
THOMAS & BETTS CORP 30,000
UGI CORP 51,000
UNITED RENTALS INC. 70,000
WPS RESOURCES CORP 22,000
WILMINGTON TR CORP 51,100
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TOTAL 58,063,140
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