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, 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: QCI Asset Management
Inc. Address: 40A Grove Street Pittsford,
NY 14534 13F File Number: 28-4516 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: David
F. Khalil Title: Vice President Phone: 716-218-2060
Signature, Place, and Date of Signing: David F. Khalil
Pittsford, NY August 8, 2000 Report Type (Check only
one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F
COMBINATION REPORT. List of Other Managers Reporting for
this Manager: NONE I AM SIGNING THIS REPORT AS REQUIRED
BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY
PAGE Report Summary: Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 92 Form 13F
Information Table Value Total: $329,570 List of Other
Included Managers: 0 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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERICA ONLINE INC CORP PFD 02364JAC8 1023 2040000 PRN SOLE 2040000
APP FINANCE VII CORP PFD 00202pac4 18 25000 PRN SOLE 25000
NETWORK ASSOCIATES CORP PFD 640938AB2 35 100000 PRN SOLE 100000
QUANEX CORP. CONVERTIBLE CORP PFD 747620ac6 40 47500 PRN SOLE 47500
ROCHE HLDG AG CORP PFD 771196AC6 52 100000 PRN SOLE 100000
ABBOTT LABORATORIES COM 002824100 7560 169662.00SH SOLE 169662.00
ACTION PERFORMANCE COS. INC. COM 004933107 77 10650.00 SH SOLE 10650.00
AMER HOME PRODUCTS COM 026609107 221 3760.00 SH SOLE 3760.00
AMERICA ONLINE COM 02364j104 5722 108224.00SH SOLE 108224.00
AMERICAN INT'L GROUP COM 026874107 9685 82424.25 SH SOLE 82424.25
AT&T CORP COM 001957109 257 8087.00 SH SOLE 8087.00
BANK OF NEW YORK COM 064057102 9077 195204.00SH SOLE 195204.00
BE FREE INC. COM 073308108 874 97122.00 SH SOLE 95622.00
BELLSOUTH CORP COM 079860102 278 6524.00 SH SOLE 6524.00
BLYTH INC. COM 09643p108 1033 35000.00 SH SOLE 34600.00
CENTURA BANKS, INC. COM 15640t100 394 11600.00 SH SOLE 11200.00
CHOICE ONE COMMUNICATIONS, INC COM 17038p104 208 5100.00 SH SOLE 5100.00
CIENA CORPORATION COM 171779101 3610 21658.00 SH SOLE 21658.00
CISCO SYSTEMS INC COM 17275r102 9511 149627.00SH SOLE 149627.00
CITIGROUP COM 172967101 5630 93445.00 SH SOLE 93445.00
CMGI INC COM 125750109 1442 31469.00 SH SOLE 31469.00
COLGATE PALMOLIVE COM 194162103 7713 128824.00SH SOLE 128824.00
COLUMBUS MCKINNON CORP. COM 199333105 1553 111950.00SH SOLE 110950.00
COMPAQ COMPUTER CORP COM 204493100 5439 212765.00SH SOLE 212765.00
CONCORD COMMUNICATIONS INC. COM 206186108 818 20526.00 SH SOLE 20226.00
CONOCO INC -CL B COM 208251405 4423 180090.00SH SOLE 180090.00
CORNING INC COM 219350105 20088 76092.00 SH SOLE 76092.00
CSG SYSTEMS INTERNATIONAL INC. COM 126349109 1575 28100.00 SH SOLE 27900.00
CULLEN FROST BANC COM 229899109 512 19450.00 SH SOLE 19050.00
CVS CORP COM 126650100 4916 122896.00SH SOLE 122896.00
DIAMONDS TRUST SERIES I COM 252787106 881 8444.00 SH SOLE 8444.00
DOUBLECLICK INC COM 258609304 530 13914.00 SH SOLE 13914.00
DUKE ENERGY CORP. COM 264399106 202 3575.00 SH SOLE 3575.00
DUPONT COM 263534109 3112 71141.00 SH SOLE 71141.00
EASTMAN KODAK COM 277461109 205 3450.00 SH SOLE 3450.00
EDEN ROC MINERAL CORP COM 279900104 6 10000.00 SH SOLE 10000.00
EMERSON ELEC CO COM 291011104 5780 95736.00 SH SOLE 95736.00
EXXON MOBIL CORPORATION COM 30231g102 7139 90937.00 SH SOLE 90937.00
FANNIE MAE COM 313586109 5946 113943.00SH SOLE 113943.00
FORD MOTOR CO. COM 345370100 4315 100358.00SH SOLE 100358.00
GENERAL ELECTRIC COM 369604103 11729 221296.00SH SOLE 221296.00
GILLETTE CO COM 375766102 4245 121508.00SH SOLE 121508.00
GLAXO HLDS PLC COM 37733w105 6249 108098.00SH SOLE 108098.00
GLOBAL CROSSING LTD COM g3921a100 228 8648.00 SH SOLE 8648.00
GRANITE BROADCASTING CORP. COM 387241102 99 13450.00 SH SOLE 13450.00
GTE CORPORATION COM 362320103 6084 97730.00 SH SOLE 97730.00
HARMONIC, INC. COM 413160102 650 26270.00 SH SOLE 25770.00
HEWLETT PACKARD COM 428236103 257 2055.00 SH SOLE 2055.00
HOME DEPOT INC COM 437076102 6934 138860.00SH SOLE 138860.00
HYPERION SOLUTIONS CORP COM 44914m104 967 29800.00 SH SOLE 29500.00
I2 TECHNOLOGIES INC COM 465754109 1533 14705.00 SH SOLE 14605.00
IBASIS INC. COM 450732102 1954 45378.00 SH SOLE 45378.00
INGERSOLL RAND CO COM 456866102 258 6415.00 SH SOLE 6415.00
INKTOMI CORP COM 457277101 2382 20147.00 SH SOLE 20047.00
INTEL CORPORATION COM 458140100 13764 102954.04SH SOLE 102954.04
INTERNATIONAL BUSINESS MACHINE COM 459200101 1002 9145.00 SH SOLE 9145.00
JOHN DEERE & CO COM 244199105 6363 171973.00SH SOLE 171973.00
JOHNSON & JOHNSON COM 478160104 8479 83232.00 SH SOLE 83232.00
KEYNOTE SYSTEMS INC COM 493308100 966 13685.00 SH SOLE 13485.00
LATTICE SEMICONDUCTOR CORP. COM 518415104 1571 22725.00 SH SOLE 22525.00
LUCENT COM 549463107 5696 97682.00 SH SOLE 97682.00
MARCHFIRST INC COM 566244109 435 23844.00 SH SOLE 23244.00
MERCK & CO. INC. COM 589331107 7645 99773.53 SH SOLE 99773.53
MERCURY INTERACTIVE CORP COM 589405109 2560 26460.00 SH SOLE 26260.00
MICREL INC COM COM 594793101 1388 31960.00 SH SOLE 31660.00
MICROCHIP TECHNOLOGY INC COM 595017104 1811 31075.00 SH SOLE 30875.00
MICROSOFT CORP COM 594918104 6986 87331.00 SH SOLE 87331.00
MMC NETWORKS INC COM 55308n102 1525 28535.00 SH SOLE 28335.00
MOTOROLA INC. COM 620076109 727 25002.00 SH SOLE 25002.00
MUTUAL RISK MANAGEMENT LTD. COM 628351108 950 54848.00 SH SOLE 54048.00
NABISCO HOLDINGS CORP-CL A COM 629526104 7804 148557.00SH SOLE 148557.00
NASDAQ-100 SHARES COM 631100104 438 4704.00 SH SOLE 4704.00
NET.GENESIS CORP COM 64107e107 478 26450.00 SH SOLE 25950.00
NEW ERA OF NETWORKS INC. COM 644312100 515 12125.00 SH SOLE 11825.00
PARAMETRIC TECHNOLOGY CORP. COM 699173100 191 17397.00 SH SOLE 17397.00
PAYCHEX COM 704326107 11324 269624.00SH SOLE 269624.00
PEPSICO COM 713448108 8105 182400.00SH SOLE 182400.00
PFIZER INC COM 717081103 8421 175434.00SH SOLE 175434.00
PROCTER & GAMBLE CO. COM 742718109 205 3575.00 SH SOLE 3575.00
RATIONAL SOFTWARE COM 75409p202 2193 23595.00 SH SOLE 23495.00
REMEDY CORP. COM 759548100 1586 28440.00 SH SOLE 28240.00
S&P 400 MID-CAP DEPOSITORY REC COM 595635103 296 3333.00 SH SOLE 3333.00
S&P 500 DEPOSITORY RECEIPT COM 78462f103 855 5882.00 SH SOLE 5882.00
SUN MICROSYSTEMS INC. COM 866810104 5971 65657.00 SH SOLE 65657.00
TEXACO INC COM 881694103 5387 101171.00SH SOLE 101171.00
UNITED PARCEL SERVICE -CL B COM 911312106 5833 99021.00 SH SOLE 99021.00
VIGNETTE CORPORATION COM 926734104 1563 30055.00 SH SOLE 29855.00
VINTAGE PETE INC COM 927460105 8282 367056.00SH SOLE 366256.00
VISTEON CORP COM 92839u107 160 13168.36 SH SOLE 13168.36
WALT DISNEY COM COM 254687106 6187 159413.00SH SOLE 159413.00
WELLS FARGO & CO COM 949746101 7021 181185.00SH SOLE 181185.00
WINSTAR COMMUNICATIONS INC. COM 975515107 1093 32272.00 SH SOLE 31872.00
WORLDCOM INC COM 98157d106 6812 148499.00SH SOLE 148499.00
CADBURY SCHWEPPE PREF SER A PFD 127207207 236 9875 SH SOLE 9875
TCI COMMUNICATION FIN PFD A PFD 872286208 248 9750 SH SOLE 9750
INGERSOLL-RAND INCOME PRIDES CV PFD 456867209 225 11050 SH SOLE 11050
MONSANTO CO PFD 6.5% CV PFD 611662305 438 9675 SH SOLE 9675
TRIBUNE CO (TRB) 6.25% 8/15/01 CV PFD 896047206 363 21700 SH SOLE 21700
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