OBRIEN JOHN P INVESTMENT MANAGEMENT INC
13F-HR, 2000-05-08
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FORM 13F

FORM 13F COVER PAGE

Report for the Quarter Ended: December 31, 1999

Institutional Manager Filing this Report:

Name: 		John P. O'Brien Investment Management, Inc.
Address:		5705 Old Chester Road
			Bethesda, MD  20817

13F File Number: 	28-7814

The institutional investment manager filing this reprt 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:			John P. O'Brien
Title:		President
Phone:		703-289-2046

Signature, Place and Date of Signing:
/JOHN P. O'BRIEN, Bethesda, MD,  May 5, 2000


Report Type:	13F HOLDINGS REPORT

List of Other Managers Reporting for this Manager:  	No Others


<PAGE>


FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:			0

Form 13F Information Table Entry Total:		242

Form 13F Information Table Value Total (x$1000): $301,908

List of Other Included Managers:			No Others

<PAGE>

<TABLE>     <C>                           <C>

FORM 13F INFORMATION TABLE


			VALUE	SHARES/			INVEST    OTHER  VOTING
NAME	CLASS	SYM	(x$1000)	PRN AMT			DSCRET    MGRS      AUTH

ABBOTT LAB	COM	ABT	3670	101073	SH        SOLE        N/A       NONE
ACE LTD	COM	ACL	913	54685	SH        SOLE        N/A       NONE
AEGON	COM	AEG	215	2254	SH        SOLE        N/A       NONE
AETNA INC	COM	AET	522	9346	SH        SOLE        N/A       NONE
AFLAC	COM	AFL	1426	30210	SH        SOLE        N/A       NONE
AG EDWARDS	COM	AGE	63	1950	SH        SOLE        N/A       NONE
AIR EXPRESS ORP	COM	AEIC	888	27486	SH        SOLE        N/A       NONE
ALBERTSONS	COM	ABS	171	5307	SH        SOLE        N/A       NONE
ALLIANCE CAPITAL MGMT	COM	AC	1750	58454	SH        SOLE        N/A       NONE
ALLSTATE	COM	ALL	310	12900	SH        SOLE        N/A       NONE
ALLTRISTA CORP	COM	ALC	6	250	SH        SOLE        N/A       NONE
ALUMINUM CO OF AMERICA	COM	AA	3546	42720	SH        SOLE        N/A       NONE
ALZA	COM	AZA	976	28200	SH        SOLE        N/A       NONE
AMEREN CORP	COM	AEE	51	1557	SH        SOLE        N/A       NONE
AMERICA ONLINE	COM	AOL	6785	89424	SH        SOLE        N/A       NONE
AMERICAN EXPRESS	COM	AXP	5414	32568	SH        SOLE        N/A       NONE
AMERICAN GENERAL	COM	AGC	121	1596	SH        SOLE        N/A       NONE
AMERICAN HOME PRODUCTS	COM	AHP	1211	30854	SH        SOLE        N/A       NONE
AMERICAN INTL GROUP INC	COM	AIG	1517	14030	SH        SOLE        N/A       NONE
AMERICAN MGMT SYSTEMS	COM	AMSY	314	10000	SH        SOLE        N/A       NONE
AMERICAN TEL AND TEL	COM	T	3285	64649	SH        SOLE        N/A       NONE
AMGEN INC	COM	AMGN	2499	41600	SH        SOLE        N/A       NONE
AMR CORP	COM	AMR	1283	19149	SH        SOLE        N/A       NONE
ANHEUSER BUSCH COS INC	COM	BUD	611	8624	SH        SOLE        N/A       NONE
APPLIED MATERIALS	COM	AMAT	2549	20120	SH        SOLE        N/A       NONE
ASSTS FIRST CAP CORP	COM	AFS	438	15980	SH        SOLE        N/A       NONE
ATLANTIC RICHFIELD	COM	ARC	24	281	SH        SOLE        N/A       NONE
ATLANTIC RICHFIELD	COM	ARC	1127	13024	SH        SOLE        N/A       NONE
BANK OF AMERICA	COM	BAC	4872	97070	SH        SOLE        N/A       NONE
BANKONE CORP	COM	ONE	1940	60623	SH        SOLE        N/A       NONE
BAXTER INTL	COM	BAX	138	2193	SH        SOLE        N/A       NONE
BB AND T CORP	COM	BBT	33	1214	SH        SOLE        N/A       NONE
BEAR STEARNS COS INC	COM	BSC	424	9908	SH        SOLE        N/A       NONE
BED BATH  AND BEYOND	COM	BBBY	62	1771	SH        SOLE        N/A       NONE
BELL ATLANTIC	COM	BEL	587	9528	SH        SOLE        N/A       NONE
BERKSHIRE HATHAWAY	COM	BRKA	2421	43	SH        SOLE        N/A       NONE
BETHLEHEM STEEL	COM	BS	68	8100	SH        SOLE        N/A       NONE
BIOGEN INCORPORATED 	COM	BGEN	34	400	SH        SOLE        N/A       NONE
BLACK AND DECKER	COM	BDK	52	1000	SH        SOLE        N/A       NONE
BOEING	COM	BA	1986	47924	SH        SOLE        N/A       NONE
BOSTON SCIENTIFIC	COM	BSX	525	24000	SH        SOLE        N/A       NONE
BP AMOCO	COM	BPA	4116	69397	SH        SOLE        N/A       NONE
BRISTOL MEYERS	COM	BMY	2083	32444	SH        SOLE        N/A       NONE
BROCADE	COM	BRCD	531	3000	SH        SOLE        N/A       NONE
CALLAWAY GOLF	COM	ELY	427	24133	SH        SOLE        N/A       NONE
CANADIAN NATL RAILWAY	COM	CNI	91	3418	SH        SOLE        N/A       NONE
CAPITAL ONE FINANCIAL	COM	COF	1461	30318	SH        SOLE        N/A       NONE
CARDINAL HEALTH	COM	CAH	547	11427	SH        SOLE        N/A       NONE
CARRAMERICA REALTY CORP	COM	CRE	1360	63629	SH        SOLE        N/A       NONE
CASEYS GEN STORES INC	COM	CASY	125	12000	SH        SOLE        N/A       NONE
CATERPILLAR	COM	CAT	1042	22130	SH        SOLE        N/A       NONE
CBS	COM	CBS	277	4325	SH        SOLE        N/A       NONE
CENDANT	COM	CD	909	34224	SH        SOLE        N/A       NONE
CHASE MANHATTEN BANK	COM	CMB	3830	49298	SH        SOLE        N/A       NONE
CHEVRON	COM	CHV	1334	15398	SH        SOLE        N/A       NONE
CHOICEPOINT	COM	CPS	33	790	SH        SOLE        N/A       NONE
CIRCUIT CITY	COM	CC	269	5974	SH        SOLE        N/A       NONE
CISCO SYSTEMS	COM	CSCO	8809	82232	SH        SOLE        N/A       NONE
CITIGROUP	COM	C	3184	57168	SH        SOLE        N/A       NONE
COASTAL CORP	COM	CGP	71	2000	SH        SOLE        N/A       NONE
COCA COLA	COM	KO	3782	64928	SH        SOLE        N/A       NONE
COLUMBIA HEALTHCARE/HCA	COM	COL	1380	47081	SH        SOLE        N/A       NONE
COMERICA	COM	CMA	183	3916	SH        SOLE        N/A       NONE
COMPAQ COMPUTER	COM	CPQ	1740	64282	SH        SOLE        N/A       NONE
COMPUTER ASSOCIATES INT'L	COM	CA	47	675	SH        SOLE        N/A       NONE
CONAGRA	COM	CAG	41	1800	SH        SOLE        N/A       NONE
CONECTIV	COM	CIV	142	8750	SH        SOLE        N/A       NONE
CONSECO	COM	CNC	927	52014	SH        SOLE        N/A       NONE
CONSOLIDATED EDISON	COM	ED	83	2417	SH        SOLE        N/A       NONE
CONSTELLATION ENERGY 	COM	CEG	28	959	SH        SOLE        N/A       NONE
COUNTRYWIDE CREDIT	COM	CCR	110	4350	SH        SOLE        N/A       NONE
COVENTRY CORP	COM	CVTY	68	10000	SH        SOLE        N/A       NONE
CYTYC	COM	CYTC	1143	18719	SH        SOLE        N/A       NONE
DAIMLERCHRYSLER	COM	DCX	2009	25759	SH        SOLE        N/A       NONE
DANA CORP	COM	DCN	42	1400	SH        SOLE        N/A       NONE
DEERE	COM	DE	829	19109	SH        SOLE        N/A       NONE
DELL COMPUTER	COM	DELL	4714	92428	SH        SOLE        N/A       NONE
DELPHI AUTOMOTIVE	COM	DPH	422	26823	SH        SOLE        N/A       NONE
DIONEX CORP	COM	DNEX	759	18420	SH        SOLE        N/A       NONE
DOMINION RESOURCES	COM	D	165	4204	SH        SOLE        N/A       NONE
DOVER CORP	COM	DOV	118	2603	SH        SOLE        N/A       NONE
DOW CHEMICAL	COM	DOW	53	400	SH        SOLE        N/A       NONE
DQE INC	COM	DQE	519	15000	SH        SOLE        N/A       NONE
DUKE ENERGY CORP	COM	DUK	227	4533	SH        SOLE        N/A       NONE
DUPONT	COM	DD	1489	22603	SH        SOLE        N/A       NONE
EASTMAN CHEMICAL	COM	EMN	29	600	SH        SOLE        N/A       NONE
EASTMAN KODAK	COM	EK	732	11045	SH        SOLE        N/A       NONE
EATON CORP	COM	ETN	40	550	SH        SOLE        N/A       NONE
EMC CORP	COM	EMC	2268	20756	SH        SOLE        N/A       NONE
EQUIFAX	COM	EFX	200	8500	SH        SOLE        N/A       NONE
EQUITY RESIDENTIAL PPTY	COM	EQR	226	5300	SH        SOLE        N/A       NONE
EXXON MOBIL	COM	XOM	2451	30428	SH        SOLE        N/A       NONE
F & M NATL CORP	COM	FMN	17	618	SH        SOLE        N/A       NONE
FANNIE MAE	COM	FNM	6097	97645	SH        SOLE        N/A       NONE
FDX CORP	COM	FDX	412	10070	SH        SOLE        N/A       NONE
FIRST HEALTH GROUP	COM	FHCC	108	4000	SH        SOLE        N/A       NONE
FIRST UNION CORP	COM	FTU	731	22185	SH        SOLE        N/A       NONE
FIRST VIRGINIA BANK	COM	FVB	2213	51475	SH        SOLE        N/A       NONE
FIRSTAR CORP	COM	FSR	193	9120	SH        SOLE        N/A       NONE
FLEETBOSTON 	COM	FBF	529	15202	SH        SOLE        N/A       NONE
FORD	COM	F	2458	46097	SH        SOLE        N/A       NONE
FREDDIE MAC	COM	FRE	5764	122472	SH        SOLE        N/A       NONE
G T E CORP	COM	GTE	720	10202	SH        SOLE        N/A       NONE
GATEWAY 	COM	GTW	3697	51298	SH        SOLE        N/A       NONE
GENERAL DYNAMICS	COM	GD	11	214	SH        SOLE        N/A       NONE
GENERAL ELECTRIC	COM	GE	7677	49612	SH        SOLE        N/A       NONE
GENERAL MOTORS	COM	GM	2794	38436	SH        SOLE        N/A       NONE
GEORGIA PACIFIC	COM	GP	812	16000	SH        SOLE        N/A       NONE
GEORGIA PACIFIC-TIMBER	COM	TGP	197	8000	SH        SOLE        N/A       NONE
GILLETTE	COM	G	1138	27631	SH        SOLE        N/A       NONE
GLAXO HOLDINGS PLC	COM	GLX	631	11293	SH        SOLE        N/A       NONE
GOODYEAR TIRE	COM	GT	777	27671	SH        SOLE        N/A       NONE
GUIDANT CORP	COM	GDT	1723	36656	SH        SOLE        N/A       NONE
HALLIBURTON	COM	HAL	1064	26442	SH        SOLE        N/A       NONE
HEALTH MANAGEMENT ASSTS	COM	HMA	1573	117571	SH        SOLE        N/A       NONE
HEALTHCARE PROPERTY	COM	HCP	263	11000	SH        SOLE        N/A       NONE
HEALTHCARE REALTY TRUST	COM	HR	611	39096	SH        SOLE        N/A       NONE
HEWLETT PACKARD	COM	HWP	4343	38177	SH        SOLE        N/A       NONE
HOME DEPOT	COM	HD	1637	23813	SH        SOLE        N/A       NONE
HOMEFED CORP	COM	HFCP	3	5863	SH        SOLE        N/A       NONE
HONEYWELL INTL	COM	HON	2115	36655	SH        SOLE        N/A       NONE
HOST MARRIOTT	COM	HMT	58	7000	SH        SOLE        N/A       NONE
HUSSMAN INTL	COM	HSM	45	3000	SH        SOLE        N/A       NONE
I B P INC	COM	IBP	32	1800	SH        SOLE        N/A       NONE
IBM	COM	IBM	6161	57112	SH        SOLE        N/A       NONE
IBS INTERACTIVE	COM	IBSX	6	550	SH        SOLE        N/A       NONE
ILLINOIS TOOL WORKS	COM	ITW	91	1350	SH        SOLE        N/A       NONE
INTEL	COM	INTC	22430	272494	SH        SOLE        N/A       NONE
INTERNATIONAL PAPER 	COM	IP	1349	23900	SH        SOLE        N/A       NONE
JOHNSON AND JOHNSON	COM	JNJ	2182	23404	SH        SOLE        N/A       NONE
K MART	COM	KM	85	8400	SH        SOLE        N/A       NONE
KEMPER HIGH INCOME TRUST SHARES BENEFICIAL INTEREST	COM	KHI	28	3596	SH        SOLE        N/A       NONE
KEYCORP	COM	KEY	191	8622	SH        SOLE        N/A       NONE
LANCASTER COLONY	COM	LANC	119	3601	SH        SOLE        N/A       NONE
LILLY ELI & CO	COM	LLY	2304	34639	SH        SOLE        N/A       NONE
LIZ CLAIBORNE	COM	LIZ	118	3128	SH        SOLE        N/A       NONE
LOCKHEED MARTIN	COM	LMT	5	234	SH        SOLE        N/A       NONE
LOWES	COM	LOW	1743	29170	SH        SOLE        N/A       NONE
LUCENT TECHNOLOGIES	COM	LU	4867	64898	SH        SOLE        N/A       NONE
MANPOWER INC	COM	MAN	36	950	SH        SOLE        N/A       NONE
MARRIOTT INT	COM	MAR	34	1081	SH        SOLE        N/A       NONE
MAXIM INTEGRATED PRODUCTS	COM	MXIM	8867	187898	SH        SOLE        N/A       NONE
MBIA	COM	MBI	106	2000	SH        SOLE        N/A       NONE
MBNA CORP	COM	KRB	678	24898	SH        SOLE        N/A       NONE
MCDONALDS	COM	MCD	1463	36283	SH        SOLE        N/A       NONE
MCI WORLDCOM	COM	WCOM	16	300	SH        SOLE        N/A       NONE
MEDIAONE GROUP	COM	UMG	230	3000	SH        SOLE        N/A       NONE
MEDITRUST	COM	MT	12	2147	SH        SOLE        N/A       NONE
MEDTRONIC 	COM	MDT	2774	76119	SH        SOLE        N/A       NONE
MERCK AND COMPANY	COM	MRK	4537	67521	SH        SOLE        N/A       NONE
MERRILL LYNCH & CO INC	COM	MER	3292	39510	SH        SOLE        N/A       NONE
MGIC INVESTMENT CORP	COM	MTG	123	2050	SH        SOLE        N/A       NONE
MICRON TECHNOLOGY	COM	MU	78	1000	SH        SOLE        N/A       NONE
MICROSOFT	COM	MSFT	7052	60400	SH        SOLE        N/A       NONE
MID ATLANTIC MEDICAL	COM	MME	576	69300	SH        SOLE        N/A       NONE
MINN MINING MFG	COM	MMM	123	1252	SH        SOLE        N/A       NONE
MOBIL	COM	MOB	10	97	SH        SOLE        N/A       NONE
MORGAN J P	COM	JPM	351	2775	SH        SOLE        N/A       NONE
MOTOROLA	COM	MOT	3265	22176	SH        SOLE        N/A       NONE
NATIONAL CAPITAL BANK	COM	NCB	82	200	SH        SOLE        N/A       NONE
NATIONAL CITY CORP	COM	NCC	427	18032	SH        SOLE        N/A       NONE
NEW CENTUTY ENERGIES	COM	NCE	38	1258	SH        SOLE        N/A       NONE
NEXTEL	COM	NXTL	1547	15000	SH        SOLE        N/A       NONE
NIKE	COM	NKE	260	5241	SH        SOLE        N/A       NONE
NUCOR	COM	NUE	317	5779	SH        SOLE        N/A       NONE
OCCIDENTAL PETROLEUM	COM	OXY	11	487	SH        SOLE        N/A       NONE
OLD KENT FINANCIAL CORP DEL	COM	OK	77	2165	SH        SOLE        N/A       NONE
ORACLE	COM	ORCL	3839	34255	SH        SOLE        N/A       NONE
OXFORD HEALTH PLAN	COM	OXHP	254	20000	SH        SOLE        N/A       NONE
PACIFICARE HEALTH SYS 	COM	PHSY	126	2383	SH        SOLE        N/A       NONE
PAINE WEBBER GROUP INC	COM	PWJ	393	10125	SH        SOLE        N/A       NONE
PEPSICO	COM	PEP	999	28346	SH        SOLE        N/A       NONE
PFIZER	COM	PFE	4423	136338	SH        SOLE        N/A       NONE
PG AND E CORP	COM	PCG	227	11061	SH        SOLE        N/A       NONE
PHILIP MORRIS CO INC	COM	MO	82	3548	SH        SOLE        N/A       NONE
PIMCO ADVISORS	COM	PA	23	600	SH        SOLE        N/A       NONE
POTOMAC ELECTRIC POWER	COM	POM	320	13929	SH        SOLE        N/A       NONE
PRICE T ROWE	COM	TROW	96	2600	SH        SOLE        N/A       NONE
PROBUSINESS	COM	PRBZ	85	2361	SH        SOLE        N/A       NONE
PROCTOR AND GAMBLE	COM	PG	4833	44107	SH        SOLE        N/A       NONE
PROVIDIAN CORP	COM	PVN	347	3810	SH        SOLE        N/A       NONE
QWEST COMMUNICATIONS	COM	QWST	860	20000	SH        SOLE        N/A       NONE
RAYTHEON A	COM	RTN.A	55	2226	SH        SOLE        N/A       NONE
REUTERS HOLD ADR	COM	RTRSY	21	260	SH        SOLE        N/A       NONE
REYNOLDS METALS	COM	RLM	56	725	SH        SOLE        N/A       NONE
ROYAL DUTCH	COM	RD	2046	33775	SH        SOLE        N/A       NONE
SAFEWAY	COM	SWY	201	5613	SH        SOLE        N/A       NONE
SARA LEE	COM	SLE	53	2400	SH        SOLE        N/A       NONE
SBC COMMUNICATIONS	COM	SBC	1098	22524	SH        SOLE        N/A       NONE
SCHERING PLOUGH	COM	SGP	1329	31352	SH        SOLE        N/A       NONE
SCHLUMBERGER	COM	SLB	1412	25156	SH        SOLE        N/A       NONE
SEAGATE TECHNOLOGY 	COM	SEG	2259	48524	SH        SOLE        N/A       NONE
SEARS	COM	S	196	6460	SH        SOLE        N/A       NONE
SLM HOLDINGS	COM	SLM	152	3607	SH        SOLE        N/A       NONE
SMITH RESIDENTIAL REALTY	COM	SRW	270	7632	SH        SOLE        N/A       NONE
SNYDER COMMUNICATIONS	COM	SNC	1	35	SH        SOLE        N/A       NONE
SOUTHTRUST CORP	COM	SOTR	1323	34987	SH        SOLE        N/A       NONE
STARBUCKS	COM	SBUX	42	1750	SH        SOLE        N/A       NONE
STERLING COMMERCE	COM	SE	467	13723	SH        SOLE        N/A       NONE
STERLING SOFTWARE	COM	SSW	543	17236	SH        SOLE        N/A       NONE
SUN MICROSYSTEMS	COM	SUNW	4956	64000	SH        SOLE        N/A       NONE
SUNTRUST BANKS	COM	STI	51	735	SH        SOLE        N/A       NONE
SYNOPSYS	COM	SNPS	87	1304	SH        SOLE        N/A       NONE
SYNOVUS FINANCIAL CORP	COM	SNV	201	10125	SH        SOLE        N/A       NONE
TELLABS	COM	TLAB	1014	15800	SH        SOLE        N/A       NONE
TELMEX	COM	TMX	720	6400	SH        SOLE        N/A       NONE
TEXACO	COM	TX	1634	30092	SH        SOLE        N/A       NONE
TEXAS INSTRUMENTS	COM	TXN	6823	70611	SH        SOLE        N/A       NONE
THREECOM	COM	COMS	9	200	SH        SOLE        N/A       NONE
TIME WARNER	COM	TWX	868	12000	SH        SOLE        N/A       NONE
TRANSACTION SYSTEMS 	COM	TSAI	560	20000	SH        SOLE        N/A       NONE
TRICON GLOBAL RESTAURANTS	COM	YUM	109	2834	SH        SOLE        N/A       NONE
TRIGON HEALTHCARE	COM	TGH	554	21725	SH        SOLE        N/A       NONE
U S AIRWAYS	COM	U	454	14149	SH        SOLE        N/A       NONE
U S BANCORP	COM	USB	654	27459	SH        SOLE        N/A       NONE
U S WEST	COM	USW	222	3081	SH        SOLE        N/A       NONE
UNION CARBIDE	COM	UK	527	7898	SH        SOLE        N/A       NONE
UNISYS 	COM	UIS	34	1077	SH        SOLE        N/A       NONE
UNITED BANKSHARES	COM	UBSI	1674	70109	SH        SOLE        N/A       NONE
UNITED HEALTHCARE	COM	UNH	1123	21141	SH        SOLE        N/A       NONE
UNITED TECHNOLOGIES	COM	UTX	823	12660	SH        SOLE        N/A       NONE
UNUM CORP	COM	UNM	68	2132	SH        SOLE        N/A       NONE
USX-MARATHON	COM	MRO	321	13000	SH        SOLE        N/A       NONE
USX-US STEEL	COM	X	968	29337	SH        SOLE        N/A       NONE
VARIAN INC	COM	VARI	19	850	SH        SOLE        N/A       NONE
VARIAN MEDICAL SYSTEMS	COM	VAR	25	850	SH        SOLE        N/A       NONE
VARIAN SEMICONDUCTOR	COM	VSEA	29	850	SH        SOLE        N/A       NONE
VENTIVE HEALTH	COM	VTIV	0	11	SH        SOLE        N/A       NONE
VF CORP	COM	VFC	36	1206	SH        SOLE        N/A       NONE
WACHOVIA CORPORATION	COM	WB	123	1804	SH        SOLE        N/A       NONE
WALMART	COM	WMT	1584	22918	SH        SOLE        N/A       NONE
WALT DISNEY	COM	DIS	964	32953	SH        SOLE        N/A       NONE
WARNER LAMBERT COMPANY	COM	WLA	99	1211	SH        SOLE        N/A       NONE
WASHINGTON GAS LT CO	COM	WGL	330	11986	SH        SOLE        N/A       NONE
WASHINGTON POST	COM	WPO	667	1200	SH        SOLE        N/A       NONE
WELLS FARGO	COM	WFC	1284	31757	SH        SOLE        N/A       NONE
WENDY INTERNATIONAL	COM	WEN	624	30000	SH        SOLE        N/A       NONE
WEYERHAUSER CO	COM	WY	952	13255	SH        SOLE        N/A       NONE
WHITMAN CORP	COM	WH	81	6000	SH        SOLE        N/A       NONE
WILMINGTON TRUST	COM	WL	39	814	SH        SOLE        N/A       NONE
XEROX	COM	XRX	400	17623	SH        SOLE        N/A       NONE
XL CAPITAL	COM	XL	984	18973	SH        SOLE        N/A       NONE
</TABLE>


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