UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED:SEPTEMBER 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: Nicholas Advisors, Inc.
Address: 250 Park Avenue
Suite 2000
New York, NY 10177
13F File Number: 28-6218
The institutional investment manager filing this report and the person
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 is understood that all required times,
statements schedules, lists and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Nancy J. O. Luburich
Title: Financial Op Principal
Phone: 212-983-8100
Signature, Place, and Date of Signing:
Nancy J. O. Luburich New York, NY November 14, 2000
Report type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total:
Form 13 F Information Table Value Total: $309,441
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Form 13 F information Table
Value Shares/ Sh/ Put/ Invstmt Other Voting Authority
Name of Issuer Title of Class CUSIP (x$1000) PRN AMT RN Call Dscretn Managers Sole Shared None
A. T. & T. Corp. COM 001957109 2308 78590 SH SOLE 78590 0 0
Agilent Technology COM 00846U101 2947 60232 SH SOLE 60232 0 0
ALZA Corp.(aza) COM 022615108 2335 27000 SH SOLE 27000 0 0
Amazon.com COM 023135106 2279 59300 SH SOLE 59300 0 0
American Express Corp COM 025816109 6993 115125 SH SOLE 115125 0 0
American Int'l Group COM 026874107 5077 53063 SH SOLE 53063 0 0
Amgen Inc. COM 031162100 5086 72850 SH SOLE 72850 0 0
AT&T Liberty Media Group A COM 001957208 6542 363450 SH SOLE 363450 0 0
Biogen Inc. (bgen) COM 090597105 3254 53350 SH SOLE 53350 0 0
Boston Scientific COM 101137107 4311 262326 SH SOLE 262326 0 0
BP Amoco COM 055622104 285 5395 SH SOLE 5395 0 0
Bristol-Myers Squibb Co. COM 110122108 502 8800 SH SOLE 8800 0 0
Broadvision COM 111412102 2439 94950 SH SOLE 94950 0 0
C.R. Bard, Inc. COM 067383109 2634 62350 SH SOLE 62350 0 0
Cardinal Health Inc. COM 14149Y108 5864 66500 SH SOLE 66500 0 0
Chase Manhattan Bank COM 16161A108 5093 110275 SH SOLE 110275 0 0
Chevron Corp. COM 166751107 2450 28750 SH SOLE 28750 0 0
Cisco Systems Inc. COM 17275R102 3649 66059 SH SOLE 66059 0 0
CitiGroup COM 172967101 7705 142533 SH SOLE 142533 0 0
Coastal Corp. COM 190441105 3224 43500 SH SOLE 43500 0 0
Comcast Corp. Cl A COM 200300200 6261 152960 SH SOLE 152960 0 0
Compaq Computer Corp. COM 204493100 3524 127800 SH SOLE 127800 0 0
Cornerstone US Gov't. Strategi Mutual FD 360908305 451 366709 SH SOLE 366709 0 0
Dell Computer COM 247025109 3712 120500 SH SOLE 120500 0 0
Double Click COM 258609304 2406 75200 SH SOLE 75200 0 0
Eclipsys Corp. COM 278856109 164 10250 SH SOLE 10250 0 0
EMC Corp COM 268648102 436 4400 SH SOLE 4400 0 0
Exxon Corp. COM 30231G102 4204 47171 SH SOLE 47171 0 0
Fox Entertainment COM 35138T107 271 10250 SH SOLE 10250 0 0
G.M. Hughes COM 370442832 5531 148768 SH SOLE 148768 0 0
General Electric Co. COM 369604103 11870 205778 SH SOLE 205778 0 0
H&R Block COM 093671105 4206 113500 SH SOLE 113500 0 0
Hewlett Packard Co COM 428236103 8247 85025 SH SOLE 85025 0 0
Home Depot COM 437076102 3808 71775 SH SOLE 71775 0 0
IDX Systems COM 449491109 403 25000 SH SOLE 25000 0 0
Intel Corp. COM 458140100 8541 205500 SH SOLE 205500 0 0
International Business Machine COM 459200101 7188 63900 SH SOLE 63900 0 0
J.P. Morgan & Co., Inc. COM 616880100 914 5600 SH SOLE 5600 0 0
JDS Uniphase COM 46612J101 5323 56225 SH SOLE 56225 0 0
Johnson & Johnson COM 478160104 708 7547 SH SOLE 7547 0 0
Lehman Bros. Hldgs Inc. COM 524908100 13674 92550 SH SOLE 92550 0 0
Lilly, Eli & Co. COM 532457108 369 4550 SH SOLE 4550 0 0
Lowes Companies Inc. COM 548661107 5542 123500 SH SOLE 123500 0 0
Lucent Technologies Inc. COM 549463107 3265 106850 SH SOLE 106850 0 0
M. Stanley D. Witter COM 617446448 9066 99150 SH SOLE 99150 0 0
Medtronic Inc. COM 585055106 4870 94000 SH SOLE 94000 0 0
Mellon Bank COM 585509102 315 6800 SH SOLE 6800 0 0
Merck & Co. COM 589331107 547 7356 SH SOLE 7356 0 0
Merrill Lynch & Co. Inc. COM 590188108 9339 141500 SH SOLE 141500 0 0
Microsoft Corp. COM 594918104 8029 133129 SH SOLE 133129 0 0
Millenium Pharm (mlnm) COM 599902103 6463 44250 SH SOLE 4250 0 0
Motorola, Inc. COM 620076109 6903 244383 SH SOLE 244383 0 0
Network Appliances COM 64120L104 573 4500 SH SOLE 4500 0 0
Nortel Networks COM 656568102 3911 65670 SH SOLE 65670 0 0
Novoste (novt) COM 67010C100 927 21815 SH SOLE 21815 0 0
Omnicare, Inc. COM 681904108 882 54700 SH SOLE 54700 0 0
Oracle Systems COM 68389X105 472 6000 SH SOLE 6000 0 0
Pepsico, Inc. COM 713448108 5582 121350 SH SOLE 121350 0 0
Pfizer, Inc. COM 717081103 235 5251 SH SOLE 5251 0 0
Priceline.com COM 741503106 478 40310 SH SOLE 40310 0 0
Quintiles Transnational COM 748767100 924 58000 SH SOLE 58000 0 0
Ralston Purina Grp. COM 751277302 5912 249600 SH SOLE 249600 0 0
Royal Dutch Pete Co. COM 780257804 3159 52721 SH SOLE 52721 0 0
SBC Communications Inc. w/Rts. COM 78387G103 3932 78644 SH SOLE 78644 0 0
Scientific Atlanta Inc. COM 808655104 10078 158400 SH SOLE 158400 0 0
Seagram Co. Ltd. COM 811850106 2929 51000 SH SOLE 51000 0 0
Sun Microsystems COM 866810104 221 1900 SH SOLE 1900 0 0
Technology SPDR (xlk) COM 81369Y803 259 5600 SH SOLE 5600 0 0
Tiffany & Co. COM 886547108 293 7600 SH SOLE 7600 0 0
Time-Warner COM 887315109 7825 100006 SH SOLE 100006 0 0
Tyco International COM 902124106 7611 146734 SH SOLE 146734 0 0
Verizon Communications COM 92343V104 4238 87497 SH SOLE 87497 0 0
Vertex Pharmaceuticals COM 92532F100 3380 40000 SH SOLE 40000 0 0
Viacom Inc. Cl. B COM 925524308 9285 158718 SH SOLE 158718 0 0
Vodafone COM 92857W100 2767 74800 SH SOLE 74800 0 0
Wal Mart Stores Inc. COM 931142103 3888 80800 SH SOLE 80800 0 0
WebMD Corp COM 422209106 381 25000 SH SOLE 25000 0 0
Wellpoint Hlth Networks A COM 94973H108 4641 48350 SH SOLE 48350 0 0
Worldcom Inc. COM 55268B106 4011 132050 SH SOLE 132050 0 0
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