March 7, 1995
ATTN: FILER SUPPORT
Securities and Exchange Commission
6432 General Green Way
Alexandria, VA 22312
Gentlemen:
A paper copy of schedule 13-G was sent to the above address for the
following company.
Watkins Johnson Co.
A check in the amount of $100 representing the appropriate filing fee was
filed with Mellon Bank
(SEC Account # 910-8739).
Very truly yours,
Peter D. Lowenstein
Legal Counsel
cc: New York Stock Exchange
National Association of Securities Dealers
Watkins Johnson Co.<PAGE>
Schedule 13G
1(a) Name of Issuer: Watkins Johnson Co..
1(b) Address of Issuer's Principal executive offices
3333 Hillview Avenue, Palo Alto, CA 93404
2(a) Name of person filing: Value Line, Inc.
2(b) Address of principal business office:
220 East 42nd Street, New York, NY
10017
2(c) Citizenship: USA
2(d) Title of class of securities: Common Stock
2(e) Cusip number: 942486107
3. The person filing this report is an investment adviser registered
under Section 203 of the Investment Advisers Act of 1940.
4(a) Value Line, Inc. is required to file as "beneficial owner" since it
acts as investment adviser to the following investment companies
and other clients, each of which owns the shares set forth after its
name:
The Value Line Fund, Inc................
The Value Line Income Fund, Inc.........40000
The Value Line Special Situations
Fund, Inc.............................
Value Line Leveraged Growth
Investors, Inc........................
Value Line Centurion Fund, Inc..........79000
Value Line Strategic Asset
Management Trust......................
Other clients...........................
........................................
........................................307800
Total 426800
4(b) Percent of class: See page 2
4(c) Power to vote and power to dispose: See Page 2
5. If this statement is being filed to report the fact that the reporting
person has ceased to be the beneficial owner of more than 5% of
the class of securities, No.
Ownership of more than 5% on behalf of another person: Not
applicable
7. Identification and classification of subsidiary which acquired the
security
being reported on by the parent holding company: Not applicable
8. Identification and classification of members of the group: Not
applicable
9. Notice of Dissolution of group: Not applicable
10. By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the control
of the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
The filing of this Schedule does not constitute a claim or admission of
beneficial ownership.
Signature
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the
information set forth in this statement is true, complete and correct.
Date
March 2, 1995
Signature
Name/Title David T. Henigson
Vice President
