[TEXT]
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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: Steele & Company, LTD.
Address: 32 W. Hoster Street, Suite 250
Columbus, OH 43215
13F File Number:
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 conatained 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: Michael B. Steele
Title: General Partner
Phone: 614-461-5901
Signature, Place, and Date of Signing:
/s/ Michael B. Steele Columbus, Ohio May 12, 2000
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: N/A
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 33
Form 13F Information Table Value Total: 128,290,000
List of Other Included Managers: N/A
No. 13F File Number Name
<TABLE>
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>
ADC Telecom COM 000886101 7140 132530.000SH SOLE 132530.000
AFLAC COM 001055102 5075 111387.000SH SOLE 111387.000
Amer Int'l Group COM 026874107 5150 47036.000SH SOLE 47036.000
Automatic Data COM 053015103 4219 87440.000SH SOLE 87440.000
Bank One COM 06423A103 5602 162970.000SH SOLE 162970.000
Cardinal Health COM 14149Y108 4545 99066.000SH SOLE 99066.000
Cisco Systems COM 17275R102 6876 88935.000SH SOLE 88935.000
Citigroup COM 172967101 5152 86054.000SH SOLE 86054.000
Dycom Industries COM 267475101 5995 122983.000SH SOLE 122983.000
EMC Corp COM 268648102 5993 47560.000SH SOLE 47560.000
Ericson L M Tel ADR COM 294821400 1232 13130.000SH SOLE 13130.000
Fastenal COM 311900104 5119 106915.000SH SOLE 106915.000
General Electric COM 369604103 5469 35140.000SH SOLE 35140.000
Guidant COM 401698105 299 5075.000 SH SOLE 5075.000
Huntington Bncshrs COM 446150104 320 14310.000SH SOLE 14310.000
IBM COM 459200101 5478 46325.000SH SOLE 46325.000
Intel COM 485140100 6427 48715.000SH SOLE 48715.000
Lexmark Int'l Gp A COM 529771107 4819 45570.000SH SOLE 45570.000
Lucent Technolgies COM 549463107 4032 65040.000SH SOLE 65040.000
MCI WorldCom COM 55268B106 4957 109387.000SH SOLE 109387.000
Microsoft COM 594918104 4481 42173.000SH SOLE 42173.000
NEXTEL Comm COM 65332v103 1213 8180.000 SH SOLE 8180.000
Nokia Corp COM 654902204 1374 6190.000 SH SOLE 6190.000
Nortel Networks COM 656568102 1511 11990.000SH SOLE 11990.000
Oracle Systems COM 68389x105 1282 16420.000SH SOLE 16420.000
Paychex COM 704326107 6255 119420.000SH SOLE 119420.000
QUALCOMM Inc COM 747525103 1754 11750.000SH SOLE 11750.000
Sealed Air Corp COM 812115103 5115 94175.000SH SOLE 94175.000
Sun Microsystems COM 866810104 1293 13795.000SH SOLE 13795.000
Thermo Instr/ASE COM 883559106 1332 63259.000SH SOLE 63259.000
Tyco International COM 902124106 5894 117580.000SH SOLE 117580.000
Vodafone Grp ADR COM 92857t107 1129 20325.000SH SOLE 20325.000
Wendy's COM 950590109 766 37950.000SH SOLE 37950.000
</TABLE>
