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, 2002 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: Value Line Inc Address: 220 East 42nd Street New York, NY 10017 13F File Number: 28-00401 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 Henigson Title: Vice President Phone: 212-907-1600 Signature, Place, and Date of Signing: /s/ David Henigson New York, NY July 16, 2002 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 THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 752 Form13F Information Table Value Total: $2,731,305 thousands List of Other Included Managers: List of Other Managers Reporting for this Manager: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COMMON 88579Y101 9102 74000 SH DEFINED 0 74000 0 99 CENTS ONLY STORES COMMON 65440K106 1418 55265 SH DEFINED 0 55265 0 ABBOTT LABS COMMON 002824100 2556 67900 SH DEFINED 0 67500 400 ABERCROMBIE & FITCH CO CL A 002896207 15422 639400 SH DEFINED 0 639400 0 ACCREDO HEALTH INC COMMON 00437V104 1495 32400 SH DEFINED 0 32400 0 ACE LTD ORD G0070K103 553 17500 SH DEFINED 0 17500 0 ACTION PERFORMANCE COS I COMMON 004933107 537 17000 SH DEFINED 0 17000 0 ACTIVISION INC NEW COM NEW 004930202 2585 88950 SH DEFINED 0 88950 0 ADAPTEC INC COMMON 00651F108 3139 397800 SH DEFINED 0 397800 0 ADOBE SYS INC COMMON 00724F101 8294 291000 SH DEFINED 0 291000 0 ADVANCED AUTO PARTS INC COMMON 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