UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Quarter End 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: Veredus Asset Management LLC
Address: 4500 Bowling Blvd. Suite 250
Louisville, KY 40207
Form 13F File Number: 28-7802
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: James R. Jenkins
Title: V.P. & Chief Operating Officer
Phone: (502) 899-4080
Signature, Place, and Date of Signing:
JAMES R. JENKINS LOUISVILLE, KENTUCKY AUGUST 12, 1999
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 82
Form 13F Information Table Value Total: $208,290
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<TABLE>
<C>
<C>
Form 13F INFORMATION TABLE
COLUMN 1
COLUMN 2
COLUMN 3
COLUMN 4
COLUMN 5
COLUMN 6
COLUMN 7
COLUMN 8
VALUE
INVESTMENT
OTHER
VOTING AUTHORITY
NAME
TITLE
CUSIP
(000s)
SHARES
PUT/CALL
DISCRTN
MGRS
SOLE
SHARE
NONE
ADVANTA CORP-CL A
COM
007942105
3,802
210,500
SOLE
210,500
AMERICAN EAGLE OUTFITTERS INC
COM
02553D108
3,030
66,600
SOLE
66,600
ACCLAIM ENTERTAINMENT INC NEW
COM
004325205
2,040
320,000
SOLE
310,900
9,100
APPLIED MATERIALS INC
COM
038222105
59
800
SOLE
800
APPLIED MICRO CIRCUITS CORP
COM
03822W109
3,232
39,300
SOLE
39,300
DIDAX INC
COM
227685104
226
23,200
SOLE
23,200
AMES DEPARTMENT STORES INC NEW
COM
030789507
7,464
163,600
SOLE
163,600
ANADIGICS INC
COM
032515108
4,200
113,500
SOLE
109,350
4,150
ANNTAYLOR STORES CORP
COM
036115103
6,570
146,000
SOLE
141,900
4,100
ASYST TECHNOLOGIES INC
COM
04648X107
225
7,500
SOLE
2,150
5,350
ATMEL CORP
COM
049513104
3,601
137,500
SOLE
133,700
3,800
AVIS RENT A CAR INC
COM
053790101
2,490
85,500
SOLE
85,500
BED BATH & BEYOND INC
COM
075896100
108
2,800
SOLE
800
2,000
BUSINESS OBJECTS SA
COM
12328X107
3,376
92,500
SOLE
88,450
4,050
BUCA INC
COM
117769109
1,924
116,600
SOLE
116,600
CATHERINES STORES CORP
COM
14916F100
3,777
305,250
SOLE
292,950
12,300
CUTTER & BUCK INC
COM
232217109
4,056
240,350
SOLE
232,325
8,025
CHICOS FAS INC
COM
168615102
195
8,300
SOLE
2,400
5,900
CIENA CORPORATION
COM
171779101
3,952
130,900
SOLE
130,900
COMPUTER NETWORK TECHNOLOGY
COM
204925101
1,531
70,800
SOLE
70,800
CONEXANT SYSTEMS INC
COM
207142100
2,799
48,200
SOLE
48,200
COSTCO COMPANIES INC
COM
22160Q102
200
2,500
SOLE
700
1,800
CISCO SYSTEMS INC.
COM
17275R102
77
1,200
SOLE
1,200
DETROIT DIESEL CORP
COM
250837101
1,736
70,500
SOLE
68,300
2,200
DELPHI AUTOMOTIVE SYS CORP
COM
247126105
153
8,247
SOLE
8,247
DSET CORP
COM
262504103
2,194
157,400
SOLE
153,000
4,400
E-TEK DYNAMICS INC
COM
269240107
6,549
137,700
SOLE
134,100
3,600
ETHAN ALLEN INTERIORS INC
COM
297602104
665
17,625
SOLE
13,425
4,200
EXCALIBUR TECHNOLOGIES CORP
COM
300651205
1,552
108,900
SOLE
108,900
FORD MOTOR CO
COM
345370100
56
1,000
SOLE
1,000
FEDERAL EXPRESS CORP
COM
31304N107
65
1,200
SOLE
1,200
FRONTIER AIRLINES INC NEW
COM
359065109
4,522
280,450
SOLE
272,300
8,150
GANNETT INC DEL
COM
364730101
50
700
SOLE
700
GENESCO INC
COM
371532102
6,949
477,200
SOLE
477,200
GAP INC
COM
364760108
76
1,500
SOLE
1,500
HOME DEPOT INC
COM
437076102
52
800
SOLE
800
HI / FN INC
COM
428358105
3,494
45,900
SOLE
44,600
1,300
HARMONIC LIGHTWAVES
COM
413160102
5,916
103,000
SOLE
100,200
2,800
HIGH SPEED ACCESS
COM
42979U102
179
7,000
SOLE
7,000
INFOCURE CORP
COM
45665A108
8,346
157,650
SOLE
154,350
3,300
JDS UNIPHASE CORP
COM
46612J101
11,769
70,900
SOLE
69,950
950
JACOBS ENGR GROUP INC
COM
469814107
190
5,000
SOLE
1,400
3,600
JONES INTERCABLE INC CL A
COM
480206200
5,248
107,100
SOLE
107,100
KULICKE & SOFFA INDUSTRIES INC
COM
501242101
2,145
80,000
SOLE
77,800
2,200
KNIGHT RIDDER INC W/RTS TO PUR
COM
499040103
562
10,200
SOLE
10,200
LASERSIGHT INC
COM
517924106
9,303
572,500
SOLE
562,100
10,400
LOWES CO
COM
548661107
187
3,300
SOLE
950
2,350
LOUISIANA PACIFIC CORP
COM
546347105
226
9,450
SOLE
2,750
6,700
LSI LOGIC CORP
COM
502161102
46
1,000
SOLE
1,000
SOUTHWEST AIRLINES CO
COM
844741108
53
1,700
SOLE
1,700
LASER VISION CENTERS INC
COM
51807H100
2,375
37,700
SOLE
37,700
MAYTAG CORP
COM
578592107
70
1,000
SOLE
1,000
NAVISTAR INTERNATIONAL CORP
COM
63934E108
11,873
237,450
SOLE
233,400
4,050
NEXTERA ENTERPRISES INC
COM
65332E101
931
144,600
SOLE
144,600
OPTICAL COATING LAB INC
COM
683829105
3,763
45,000
SOLE
43,700
1,300
ISOLYSER CO INC
COM
464888106
1,285
274,100
SOLE
274,100
PF CHANGS CHINA BISTRO INC
COM
69333Y108
3,244
150,000
SOLE
144,300
5,700
POLYCOM INC
COM
73172K104
5,563
142,650
SOLE
138,700
3,950
PRI AUTOMATION INC
COM
69357H106
2,777
76,600
SOLE
74,500
2,100
POWERWAVE TECHNOLOGIES INC
COM
739363109
5,015
155,500
SOLE
151,100
4,400
QUALCOMM INC
COM
747525103
72
500
SOLE
500
QWEST COMMUNICATIONS INTL INC
COM
749121109
33
1,000
SOLE
1,000
REPUBLIC BANCORP INC-KY CL A
COM
760281204
428
36,800
SOLE
36,800
RUBIOS RESTAURANTS INC
COM
78116B102
31
2,000
SOLE
2,000
SKYWEST INC
COM
830879102
3,055
122,500
SOLE
117,750
4,750
SANDISK CORP
COM
80004C101
3,618
80,400
SOLE
77,950
2,450
SYNOPSYS INC
COM
871607107
193
3,500
SOLE
1,000
2,500
AT&T CORP
COM
001957109
56
1,000
SOLE
1,000
TERAYON COMMUNICATION SYS
COM
880775101
7,149
127,950
SOLE
124,400
3,550
TLC THE LASER CENTER INC
COM
872934104
3,130
65,200
SOLE
65,200
TIMBERLINE SOFTWARE CORP
COM
887134104
937
59,500
SOLE
59,500
TURBOCHEF INC
COM
900006107
2,289
237,800
SOLE
227,800
10,000
TRANSIT GROUP INC
COM
893691105
64
10,000
SOLE
10,000
TUT SYSTEMS
COM
901103101
1,938
39,600
SOLE
39,600
TIME WARNER INC
COM
887315109
58
800
SOLE
800
TRANSWITCH CORP
COM
894065101
6,415
135,400
SOLE
132,000
3,400
UNISYS CORP
COM
909214108
66
1,700
SOLE
1,700
USG CORP NEW
COM
903293405
185
3,300
SOLE
900
2,400
VITESSE SEMICONDUCTOR CORP
COM
928497106
3,841
56,950
SOLE
54,900
2,050
WEBSTER FINL CORP
COM
947890109
2,748
101,300
SOLE
101,300
WAL MART STORES INC
COM
931142103
207
4,300
SOLE
1,300
3,000
WILLIAMS SONOMA INC
COM
969904101
3,664
105,250
SOLE
100,500
4,750
</TABLE>