FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: Asset Management, Inc.
Address: 5530 Wisconsin Avenue
Suite 700
Chevy Chase, MD 20815
13F File Number: 28-99999
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: Arthur A. Adler, Jr.
Title: President
Phone: 301 656-2060
Signature, Place, and Date of Signing:
Arthur A. Adler, Jr. Chevy Chase, MD February 2, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 134
Form 13F Information Table Value Total: $170,719
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<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>
Dodge & Cox Stock Fund MUT FD 256219106 301 2994.970 SH
SOLE 2994.970
Equity Inv Fd Port 98H MUT FD 294711213 41 46969.000SH
SOLE 46969.000
Equity Inv Fd Tele Global Ser MUT FD 294710447 146 73201.000SH
SOLE 73201.000
First Eagle Trust Fd of Amer C MUT FD 32007T102 256 12434.234SH
SOLE 12434.234
J Hancock Regional Bk Fd Cl B MUT FD 409905205 275 7037.306 SH
SOLE 7037.306
Longleaf Partnrs Small Cap Val MUT FD 543069207 1496 74061.560SH
SOLE 74061.560
Mass Invest Growth Stock Fund MUT FD 575719109 344 16913.500SH
SOLE 16913.500
New Perspective Fund Inc MUT FD 648018109 326 11076.964SH
SOLE 11076.964
T Rowe Price Growth Stk Fd MUT FD 741479109 234 7030.729 SH
SOLE 7030.729
Turner Small Cap Equity Growth MUT FD 900297300 2658 64069.767SH
SOLE 64069.767
Vanguard Equity Income Fd MUT FD 921921102 1107 47756.595SH
SOLE 47756.595
Vanguard Fix Inc Srt Trm Corp MUT FD 922031406 117 11150.059SH
SOLE 11150.059
Vanguard Horizon Aggres Growth MUT FD 922038104 273 16261.846SH
SOLE 16261.846
Vanguard Index Trust 500 MUT FD 922908108 1956 14451.409SH
SOLE 14451.409
Vanguard Interm Term Corp #71 MUT FD 922031885 95 10341.262SH
SOLE 10341.262
Vanguard Mid-Cap Index MUT FD 922908843 153 13574.661SH
SOLE 13574.661
Vanguard Total Stock Mkt Fd MUT FD 922908306 392 11809.341SH
SOLE 11809.341
Vanguard US Growth Fund MUT FD 921910105 511 11738.363SH
SOLE 11738.363
AMEX Basic Indus Sel Sector In COM 81369Y100 1942 73075 SH
SOLE 73075
AMEX Consum Staples Sel Index COM 81369Y308 3426 148765 SH
SOLE 148765
AMEX Cycl/Transp Sel Sect Inde COM 81369Y407 1118 36005 SH
SOLE 36005
AMEX Energy Select Index SPDR COM 81369Y506 2310 85250 SH
SOLE 85250
AMEX Financial Select Index SP COM 81369Y605 361 15190 SH
SOLE 15190
AMEX Tech Select Index SPDR COM 81369Y803 2190 40650 SH
SOLE 40650
AT&T COM 001957109 2126 41842 SH
SOLE 41842
AT&T Corp-Liberty Media Cl A COM 001957208 1840 32395 SH
SOLE 32395
Abbott Labs COM 002824100 501 13800 SH
SOLE 13800
Aegon N.V. COM 007924103 235 2461 SH
SOLE 2461
America Online Inc COM 02364J104 473 6240 SH
SOLE 6240
American Express Co COM 025816109 2680 16118 SH
SOLE 16118
American General Corp COM 026351106 266 3506 SH
SOLE 3506
American International Group COM 026874107 200 1852 SH
SOLE 1852
Amgen Inc COM 031162100 296 4920 SH
SOLE 4920
Analog Devices Inc COM 032654105 309 3325 SH
SOLE 3325
Anderson Computers/Tidalwave C COM 033614108 13 183750 SH
SOLE 183750
Anheuser Busch Cos Inc COM 035229103 1155 16300 SH
SOLE 16300
Assoc First Capital Corp Cl A COM 046008108 232 8454 SH
SOLE 8454
BB&T Corp COM 054937107 498 18205 SH
SOLE 18205
BP Amoco PLC COM 055622104 498 8390 SH
SOLE 8390
Bank of America Corp COM 060505104 4799 95625 SH
SOLE 95625
Baxter International Inc COM 071813109 1313 20901 SH
SOLE 20901
Bell Atlantic Corp COM 077853109 365 5932 SH
SOLE 5932
Berkshire Hathaway B COM 084670207 1662 908 SH
SOLE 908
Bristol Myers Squibb Co COM 110122108 1722 26823 SH
SOLE 26823
C E Smith Realty COM 832197107 269 7600 SH
SOLE 7600
CBS Corporation COM 12490K107 3336 52181 SH
SOLE 52181
CVS Corporation COM 126650100 497 12475 SH
SOLE 12475
Capital One Finanacial COM 14040H105 470 9747 SH
SOLE 9747
Carrollton Bancorp COM 145282109 290 19002 SH
SOLE 19002
Chancellor Media Corp Cl A COM 001693100 13447 171847 SH
SOLE 171847
Chase Manhattan Corp COM 16161A108 347 4470 SH
SOLE 4470
Choice Hotels Intl Inc COM 169905106 818 47780 SH
SOLE 47780
Cisco Systems Inc COM 17275R102 1531 14294 SH
SOLE 14294
Citigroup Inc COM 172967101 1676 30096 SH
SOLE 30096
Coca-Cola COM 191216100 760 13046 SH
SOLE 13046
Columbia/HCA Health Care COM 197677107 823 28080 SH
SOLE 28080
Comcast Cl A Spl COM 200300200 3054 60407 SH
SOLE 60407
Cosmetic Center Cl C COM 221234305 0 113475 SH
SOLE 113475
Criimi Mae Inc COM 226603108 32 22000 SH
SOLE 22000
Diamonds Trust COM 252787106 612 5315 SH
SOLE 5315
EMC Corp COM 268648102 2792 25555 SH
SOLE 25555
Eastman Kodak Co COM 277461109 599 9037 SH
SOLE 9037
Eli Lilly & Co COM 532457108 274 4115 SH
SOLE 4115
Equity Residential Prop Tr COM 29476L107 1097 25695 SH
SOLE 25695
Exxon Mobil Corp COM 30231G102 2447 30373 SH
SOLE 30373
F&M Natl Corp VA COM 302374103 227 8240 SH
SOLE 8240
Fannie Mae COM 313586109 1566 25080 SH
SOLE 25080
FedEx Corp COM 31428x106 309 7550 SH
SOLE 7550
Federal Home Loan Mtg COM 313400301 418 8885 SH
SOLE 8885
First Data Corporation COM 319963104 595 12075 SH
SOLE 12075
First Union Corp COM 337358105 1548 47006 SH
SOLE 47006
Ford Motor Co COM 345370100 1116 20930 SH
SOLE 20930
Friedman, Billings, Ramsey Grp COM 358433100 882 111945 SH
SOLE 111945
Gap Inc COM 364760108 911 19809 SH
SOLE 19809
General Electric Co COM 369604103 11200 72377 SH
SOLE 72377
General Instrument Corp COM 370120107 1199 14100 SH
SOLE 14100
General Motors Class "H" COM 370442832 2122 22105 SH
SOLE 22105
Gillette Co COM 375766102 1769 42962 SH
SOLE 42962
HCR Manor Care Inc COM 564055101 783 48919 SH
SOLE 48919
Hewlett-Packard Co COM 428236103 234 2055 SH
SOLE 2055
Home Depot Inc COM 437076102 609 8865 SH
SOLE 8865
I B M Corporation COM 459200101 5773 53517 SH
SOLE 53517
Intel Corp COM 458140100 705 8563 SH
SOLE 8563
International Paper COM 460146103 209 3712 SH
SOLE 3712
Jacobson Resonan COM 469830103 5 20000 SH
SOLE 20000
Johnson & Johnson COM 478160104 1585 16998 SH
SOLE 16998
Kimberly-Clark Corp COM 494368103 465 7100 SH
SOLE 7100
L M Ericsson Tele Co ADR COM 294821400 217 3300 SH
SOLE 3300
Lucent Technologies Co COM 549463107 1059 14115 SH
SOLE 14115
MCI Worldcom Inc COM 55268B106 368 6936 SH
SOLE 6936
Marriott Intl Inc New Cl A COM 571903202 469 14852 SH
SOLE 14852
Masco Corp COM 574599106 1361 53625 SH
SOLE 53625
McDonalds Corp COM 580135101 363 8997 SH
SOLE 8997
Medquist Inc COM 584949101 515 19934 SH
SOLE 19934
Mehl/Biophile International Co COM 585179104 0 15000 SH
SOLE 15000
Mercantile Bankshares COM 587405101 254 7950 SH
SOLE 7950
Merck & Co COM 589331107 2526 37591 SH
SOLE 37591
Merit Acquisition Corp COM 25 41666 SH
SOLE 41666
Merrill Lynch COM 590188108 1547 18571 SH
SOLE 18571
Microsoft Corporation COM 594918104 2130 18247 SH
SOLE 18247
Mills Corp COM 601148109 442 24700 SH
SOLE 24700
Minnesota Minning & Mfg COM 604059105 455 4644 SH
SOLE 4644
Motorola Inc COM 620076109 1372 9315 SH
SOLE 9315
Nextel Communications COM 65332V103 949 9200 SH
SOLE 9200
Nortel Networks Corp COM 656569100 1209 11975 SH
SOLE 11975
Oracle Systems COM 68389X105 1984 17700 SH
SOLE 17700
PepsiCo Inc COM 713448108 352 9975 SH
SOLE 9975
Pfizer Inc COM 717081103 5621 173296 SH
SOLE 173296
Potomac Elec Power Co COM 737679100 212 9244 SH
SOLE 9244
Prin Preser PSE Tech 100 Indx COM 74252B873 10355 278819 SH
SOLE 278819
Proctor & Gamble COM 742718109 207 1888 SH
SOLE 1888
Providian Financial Corp COM 74406A102 439 4817 SH
SOLE 4817
QWest Communications COM 749121109 533 12398 SH
SOLE 12398
S&P's Depositary Receipts COM 78462F103 6469 44042 SH
SOLE 44042
Smithkline Beecham PLC ADR COM 832378301 353 5500 SH
SOLE 5500
Southern Financial Bank Corp COM 842870107 165 10000 SH
SOLE 10000
Sprint Corp Fon Group COM 852061100 944 14020 SH
SOLE 14020
Sprint Corp PCS Group COM 852061506 352 3430 SH
SOLE 3430
Sun Microsystems COM 866810104 376 4860 SH
SOLE 4860
SunTrust Banks Inc COM 867914103 1309 19024 SH
SOLE 19024
Sunburst Hospitality Corp COM 866948102 90 15926 SH
SOLE 15926
TJX Cos Inc COM 872540109 403 19700 SH
SOLE 19700
TRW Incorporated COM 872649108 1348 25945 SH
SOLE 25945
Tandy Corp COM 875382103 1464 29760 SH
SOLE 29760
Telebanc Financial Corp COM 87925R109 241 9250 SH
SOLE 9250
Texas Instruments COM 882508104 512 5300 SH
SOLE 5300
Time Warner Inc COM 887315109 731 10115 SH
SOLE 10115
US Technologies COM 91272D309 3 15000 SH
SOLE 15000
Vanguard Special Energy Port COM 921908109 1753 79959 SH
SOLE 79959
Wal-Mart Stores Inc COM 931142103 2661 38495 SH
SOLE 38495
Walt Disney Co COM 254687106 1614 55175 SH
SOLE 55175
Warner Lambert Co COM 934488107 551 6722 SH
SOLE 6722
Waters Corp COM 941848103 1007 19000 SH
SOLE 19000
Wells Fargo & Co COM 949746101 800 19780 SH
SOLE 19780
</TABLE>
