UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Presque Isle Capital Management, Inc.
Address: 3939 West Ridge Road
Suite B30
Erie, PA 16506
13F File Number: 28-2939
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: John F. Trettel
Title: President
Phone: 814-835-7097
Signature, Place, and Date of Signing
John F. Trettel Erie, PA August 4, 1999
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 83
Form 13F Information Table Value Total: $93,169
List of Other Included Managers:
No. 13F File Number Name
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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
AT&T Corp com 001957109 845 15141 sh sole 15141 0 0
Abbott Labs com 002824100 2432 53600 sh sole 53600 0 0
Advanced Micro Devices Inc com 007903107 257 14250 sh sole 14250 0 0
Aetna Inc com 008117103 836 9350 sh sole 9350 0 0
America Online Inc Del com 02364J104 1701 15462 sh sole 15462 0 0
American Greetings Corp Cl A 026375105 301 10000 sh sole 10000 0 0
American Home Prods Corp com 026609107 2387 41600 sh sole 41600 0 0
Amerus Life Hldgs Inc com 030732101 203 7500 sh sole 7500 0 0
Automatic Data Processing Inc com 053015103 695 15800 sh sole 15800 0 0
BankAtlantic Bancorp Cl A 065908501 462 63775 sh sole 63775 0 0
Beckman Coulter Inc com 075811109 272 5600 sh sole 5600 0 0
Bell South Inc com 079860102 1953 42350 sh sole 42350 0 0
Black & Decker Corp com 091797100 1095 17350 sh sole 17350 0 0
Bristol Myers Squibb Co com 110122108 3162 44892 sh sole 44892 0 0
Burlington Inds Inc com 121693105 691 74700 sh sole 74700 0 0
Cabletron Sys Inc com 126920107 268 20600 sh sole 20600 0 0
Callaway Golf Co com 131193104 263 18000 sh sole 18000 0 0
Cisco Sys Inc com 17275R102 4001 62086 sh sole 62086 0 0
Citigroup Inc com 172967101 226 3533 sh sole 3533 0 0
Community Svgs Bankshares New com 204037105 396 31363 sh sole 31363 0 0
Compaq Computer Corp com 204493100 1626 68646 sh sole 68646 0 0
Diebold Inc com 253651103 335 11650 sh sole 11650 0 0
Disney Walt Co com 254687106 1302 42245 sh sole 42245 0 0
Eastman Kodak Co com 277461109 1414 20875 sh sole 20875 0 0
Elmira Svgs Bk FSB N Y com 289660102 516 23206 sh sole 23206 0 0
Erie Indty Co Cl A 29530P102 406 14230 sh sole 14230 0 0
Exxon Corp com 302290101 1161 15050 sh sole 15050 0 0
Fidelity Bankshares Inc com 316047109 400 25000 sh sole 25000 0 0
Fleet Fin'l Group Inc New com 338915101 1447 32600 sh sole 32600 0 0
Freedom Secs Corp com 35644K103 243 14200 sh sole 14200 0 0
GTE Corp com 362320103 540 7150 sh sole 7150 0 0
General Elec Co com 369604103 3414 30213 sh sole 30213 0 0
HRPT PPTYS TR com SH BEN INT 40426W101 239 15600 sh sole 15600 0 0
Halliburton Co com 406216101 1319 29150 sh sole 29150 0 0
Hewlett Packard Co com 428236103 3289 32725 sh sole 32725 0 0
Honeywell Inc com 438506107 782 6750 sh sole 6750 0 0
Hospitality PPTYS TR com SH BEN INT 44106M102 431 15900 sh sole 15900 0 0
Intel Corp com 458140100 5193 87270 sh sole 87270 0 0
International Business Machs com 459200101 3248 25128 sh sole 25128 0 0
Johnson & Johnson com 478160104 3280 33471 sh sole 38671 0 0
Lilly Eli & Co com 532457108 2999 41875 sh sole 41875 0 0
MCI Worlcom Inc com 55268B106 1396 16222 sh sole 16222 0 0
Mallinckrodt Inc New com 561232109 400 11000 sh sole 11000 0 0
McDonalds Corp com 580135101 391 9500 sh sole 9500 0 0
Medtronic Inc com 585055106 1017 13063 sh sole 13063 0 0
Merck & Co Inc com 589331107 3245 44074 sh sole 44074 0 0
Merrill Lynch & Co Inc com 590188108 334 4200 sh sole 4200 0 0
Microsoft Corp com 594918104 3276 36325 sh sole 36325 0 0
Milacron Inc com 598709103 780 42150 sh sole 42150 0 0
Mindspring Enterprises Inc com 602683104 363 8200 sh sole 8200 0 0
Minnesota Mng & Mfg Co com 604059105 380 4375 sh sole 4375 0 0
Mobil Corp com 607059102 1940 19650 sh sole 19650 0 0
Mony Group Inc com 615337102 392 12000 sh sole 12000 0 0
Motorola Inc com 620076109 1199 12650 sh sole 12650 0 0
National City Corp com 635405103 487 7440 sh sole 7440 0 0
Niagara Bancorp Inc com 652914102 284 26700 sh sole 26700 0 0
Novell Inc com 670006105 445 16800 sh sole 16800 0 0
Officemax Inc com 67622M108 1315 109600 sh sole 109600 0 0
Old Guard Group Inc com 679783100 388 29000 sh sole 29000 0 0
PNC BK Corp com 693475105 417 7233 sh sole 7233 0 0
Penney J C Inc com 708160106 583 12000 sh sole 12000 0 0
Peoples BanCorp Inc Del com 709909105 1050 105371 sh sole 105371 0 0
Pepsico Inc com 713448108 1550 40055 sh sole 40055 0 0
Pfizer Inc com 717081103 2320 21285 sh sole 21285 0 0
Reckson Assoc Rlty Corp Pfd CV Ser A% 75621K205 357 15650 sh sole 15650 0 0
SBC Communications Inc com 78387G103 1120 19310 sh sole 19310 0 0
Schering Plough Corp com 806605101 900 17150 sh sole 17150 0 0
Schlumberger LTD com 806857108 624 9800 sh sole 9800 0 0
Sears Roebuck & Co com 812387108 232 5200 sh sole 5200 0 0
Staples Inc com 855030102 313 10100 sh sole 10100 0 0
Staten Is Bancorp Inc com 857550107 1389 77180 sh sole 77180 0 0
Syms Corp com 871551107 276 34000 sh sole 34000 0 0
TCBY Enterprises Inc com 872245105 224 36500 sh sole 36500 0 0
Tenneco Inc New com 88037E101 358 15000 sh sole 15000 0 0
Texas Pac Ld Tr Sub CTF PROP IT 882610108 433 9675 sh sole 9675 0 0
3Com Corp com 885535104 1571 58850 sh sole 58850 0 0
Time Warner Inc com 887315109 818 11265 sh sole 11265 0 0
Tupperware Corp com 899896104 230 9000 sh sole 9000 0 0
UST Corp com 902900109 400 13218 sh sole 13218 0 0
Vlasic Foods Intl Inc com 928559103 325 44400 sh sole 44400 0 0
WVS Finl Corp com 929358109 307 20300 sh sole 20300 0 0
Waste Mgmt Inc Del com 94106L109 274 5100 sh sole 5100 0 0
Xerox Corp com 984121103 3036 51400 sh sole 51400 0 0
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