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 March 31, 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 MAY 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: 115
Form 13F Information Table Value Total: $118,725
(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
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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
ACT NETWORKS INC
COM
000975102
3,015
156,600
SOLE
149,900
6,700
AMERICAN EAGLE OUTFITTERS
COM
02553D108
1,936
27,000
SOLE
25,800
1,200
AMES DEPARTMENT STORES
COM
030789507
4,655
125,400
SOLE
121,500
3,900
AMGEN INC
COM
031162100
524
7,000
SOLE
7,000
ANNTAYLOR STORES
COM
036115103
3,376
76,400
SOLE
74,100
2,300
ANTEC CORP
COM
03664P105
2,176
101,200
SOLE
96,400
4,800
APPLIED MICRO CIRCUITS
COM
03822W109
2,138
50,000
SOLE
50,000
AUTOMOBILE PROTECTION
COM
052905106
100
12,500
SOLE
2,500
10,000
BANK OF AMERICA CORPORATION
COM
160505104
162
2,300
SOLE
450
1,850
BINDVIEW DEV CORP
COM
090327107
2,213
71,100
SOLE
67,600
3,500
BIOCHEM PHARMA INC
COM
09058T108
1,765
82,800
SOLE
82,800
CATHERINES STORES
COM
14916F100
1,537
219,500
SOLE
205,300
14,200
CELLSTAR CORP
COM
150925105
2,730
263,100
SOLE
251,700
11,400
CHASE MANHATTAN CORP - NEW
COM
16161A108
732
9,000
SOLE
7,400
1,600
CIENA CORPORATION
COM
171779101
2,268
100,800
SOLE
100,800
COMPUTER NETWORK TECHNOLOGY
COM
204925101
1,404
87,100
SOLE
87,100
CONEXANT SYSTEMS INC
COM
207142100
1,573
56,800
SOLE
56,800
CUTTER & BUCK INC
COM
232217109
2,970
92,800
SOLE
88,700
4,100
DIDAX INC
COM
253624100
525
47,700
SOLE
37,700
10,000
DM MANAGEMENT CO
COM
233233105
2,253
144,200
SOLE
138,700
5,500
E-TEK DYNAMICS INC
COM
269240107
2,680
74,700
SOLE
71,200
3,500
EXCALIBUR TECHNOLOGIES CORP
COM
300651205
457
35,000
SOLE
35,000
FORD MOTOR CO
COM
345370100
57
1,000
SOLE
1,000
FORE SYSTEMS INC
COM
345449102
2,416
127,800
SOLE
127,800
FORTE SOFTWARE INC
COM
349546101
126
27,200
SOLE
5,200
22,000
FRONTIER AIRLINES
COM
359065109
2,115
214,200
SOLE
204,200
10,000
GAP INC
COM
364760108
67
1,000
SOLE
1,000
GEMSTAR INTERNATIONAL
COM
G3788V106
2,487
33,050
SOLE
31,450
1,600
GENERAL MOTORS CORP
COM
370442105
305
3,500
SOLE
3,500
GENESCO INC
COM
371532102
3,407
368,300
SOLE
368,300
GENZYME CORP.
COM
372917104
2,532
50,200
SOLE
50,200
HAIN FOOD GROUP
COM
405219106
2,166
131,300
SOLE
125,100
6,200
HARMONIC LIGHTWAVES
COM
413160102
2,870
103,900
SOLE
99,400
4,500
HELIX TECHNOLOGY
COM
423319102
1,090
70,900
SOLE
67,900
3,000
HOME DEPOT INC
COM
437076102
598
9,600
SOLE
7,500
2,100
HOMESEEKERS.COM INC
COM
437605108
269
40,000
SOLE
25,900
14,100
INFOCURE CORP
COM
45665A108
2,224
79,800
SOLE
76,300
3,500
JAN BELL MARKETING INC
COM
470760109
905
195,700
SOLE
195,700
JONES INTERCABLE INC CL A
COM
480206200
3,250
82,400
SOLE
82,400
LASER VISION CENTERS INC
COM
51807H100
1,868
49,000
SOLE
49,000
LASERSIGHT INC
COM
517924106
2,505
477,200
SOLE
446,700
30,500
MAYTAG CORP
COM
578592107
60
1,000
SOLE
1,000
MCI WORLDCOM INC.
COM
55268B106
89
1,000
SOLE
1,000
MEDIMMUNE INC
COM
584699102
3,732
63,050
SOLE
60,850
2,200
MERRILL LYNCH & CO INC
COM
590188108
212
2,400
SOLE
950
1,450
NATIONAL DISC BROKERS GROUP
COM
635646102
1,406
50,000
SOLE
47,800
2,200
NAVISTAR INTERNATIONAL CORP
COM
63934E108
7,266
180,800
SOLE
174,300
6,500
NOODLE KIDOODLE INC
COM
655370104
139
21,000
SOLE
4,000
17,000
PF CHANGS CHINA BISTRO INC
COM
69333Y108
3,514
115,200
SOLE
110,400
4,800
POWERWAVE TECHNOLOGIES INC
COM
739363109
1,793
63,200
SOLE
63,200
REPUBLIC BANCORP INC-KY CL A
COM
760281204
405
36,800
SOLE
36,800
SEGUE SOFTWARE INC
COM
815807102
628
65,200
SOLE
61,800
3,400
SELECT COMFORT CORP
COM
81616X103
2,024
72,600
SOLE
72,600
SKYWEST INC
COM
830879102
2,093
72,500
SOLE
69,200
3,300
TERAYON COMMUNICATION SYS
COM
880775101
800
20,000
SOLE
19,100
900
TIMBERLINE SOFTWARE CORP
COM
887134104
341
30,000
SOLE
30,000
TIME WARNER INC
COM
887315109
57
800
SOLE
800
TLC THE LASER CENTER INC
COM
872934104
1,609
50,000
SOLE
50,000
TOTAL ENTERTAINMENT RESTAURANT
COM
89150E100
908
191,100
SOLE
174,100
17,000
TRANSIT GROUP INC
COM
893691105
45
10,000
SOLE
10,000
TRANSWITCH CORP
COM
894065101
1,566
34,600
SOLE
34,600
TURBOCHEF INC
COM
900006107
1,863
188,700
SOLE
178,700
10,000
UNIPHASE CORP
COM
909149106
8,013
69,600
SOLE
68,800
800
VIDEOSERVER INC
COM
926918103
611
78,800
SOLE
70,900
7,900
VITESSE SEMICONDUCTOR CORP
COM
928497106
1,997
39,450
SOLE
39,450
WEBSTER FINL CORP
COM
947890109
2,298
79,600
SOLE
79,600
WILLIAMS SONOMA INC
COM
969904101
2,365
83,700
SOLE
79,900
3,800
ZIFF-DAVIS INC
COM
989511100
16
750
SOLE
750
CALL CITIGROUP APR 060
COM
172967101
98
200
CALL
SOLE
200
PUT APPLIED MAT APR 060 PSE
COM
038222105
30
150
PUT
SOLE
150
PUT IBM APR 175 CBOE
COM
459200101
33
100
PUT
SOLE
100
PUT INTEL CORP APR 120 AMEX
COM
458140100
54
100
PUT
SOLE
100
PUT INTEL CORP APR 125 AMEX
COM
458140100
89
100
PUT
SOLE
100
PUT MICRON TECH APR 055
COM
595112103
78
100
PUT
SOLE
100
PUT TEXAS INSTRS APR 095 CBOE
COM
882508104
29
100
PUT
SOLE
100
PUT AMGN APR/99 075.0000
COM
031162100
18
90
PUT
SOLE
90
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