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: Reich & Tang Asset Management L.P.
Address: 600 Fifth Avenue
8th Floor
New York, NY 10020
13F File Number: 28-4818
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: Lorraine C. Hysler
Title: Secretary
Phone: 212-830-5200
Signature, Place, and Date of Signing:
Lorraine C. Hysler New York, New York November 3, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
/s/ Lorraine C. Hysler
----------------------
Lorraine C. Hysler
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 184
Form 13F Information Table Value Total: $2,194,142,000.00
List of Other Included Managers:
No. 13F File Number Name
--- --------------- ----
01 28-5952 Metlife New England Holdings, Inc.
02 28-3714 Metropolitan Life Insurance Company
03 28-1447 Nvest L.P.
<TABLE>
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>
O SULLIVAN INDUSTRIES PFD SR 1 67104Q205 50 96900 SH DEFINED 96900
SICOR INC. PFD PFD CV 825846306 293 10000 SH DEFINED 10000
A T & T CORP COM LIBERTY MEDIA COM 001957208 16997 944300 SH DEFINED 944300
AARON RENTS INC CL A COM 002535300 3807 269500 SH DEFINED 269500
AARON RENTS INC COM COM 002535201 17280 1342100 SH DEFINED 1342100
AIR PRODS & CHEMS INC COM COM 009158106 542 15064 SH DEFINED 15064
ALBERTO CULVER CO. CLASS A COM 013068200 29692 1184700 SH DEFINED 1184700
ALLEGHENY TECHNOLOGIES COM COM 01741R102 8348 460600 SH DEFINED 460600
AMERICAN HOME PRODUCTS COM 026609107 939 16600 SH DEFINED 16600
AMETEK INC NEW COM COM 031100100 4316 203688 SH DEFINED 203688
AMPHENOL CORP NEW CL A COM 032095101 42841 752425 SH DEFINED 752425
ANDREW CORP COM COM 034425108 22589 862600 SH DEFINED 862600
ANNALY MTG MGMT INC COM COM 035710409 105 11500 SH DEFINED 11500
APOGEE ENTERPRISES INC COM COM 037598109 2414 424500 SH DEFINED 424500
APPLIED MATLS INC COM COM 038222105 972 16384 SH DEFINED 16384
APRIA HEALTHCARE GROUP COM COM 037933108 167 12000 SH DEFINED 12000
APTARGROUP INC COM COM 038336103 546 22800 SH DEFINED 22800
ATCHISON CASTING CORP COM COM 046613105 232 59000 SH DEFINED 59000
B I INCORPORATED COM NEW COM 055467203 267 32500 SH DEFINED 32500
BACOU USA INC COM COM 056439102 695 26800 SH DEFINED 26800
BALL CORP COM COM 058498106 25683 810500 SH DEFINED 810500
BALTEK CORP. COM 058822107 84 12200 SH DEFINED 12200
BANC ONE CORP COM COM 06423A103 213 5508 SH DEFINED 5508
BANK NEW YORK INC COM COM 064057102 259 4611 SH DEFINED 4611
BANTA CORP COM COM 066821109 1767 72500 SH DEFINED 72500
BECTON,DICKINSON & CO. COM 075887109 397 15000 SH DEFINED 15000
BELL & HOWELL HLDG INC COM COM 077852101 20387 932000 SH DEFINED 932000
BENTON OIL & GAS CO COM COM 083288100 156 59300 SH DEFINED 59300
BERKSHIRE HATHAWAY INC CL B COM 084670207 1449 700 SH DEFINED 700
BERKSHIRE HATHAWAY INC DEL COM 084670108 644 10 SH DEFINED 10
BLYTH INC COM COM 09643P108 40549 1730100 SH DEFINED 1730100
BMC INDUSTRIES, INC. COM 055607105 165 24000 SH DEFINED 24000
BOSTON BEER INC CL A COM 100557107 174 19376 SH DEFINED 19376
BOSTON SCIENTIFIC CORP COM COM 101137107 24191 1471700 SH DEFINED 1471700
BP AMOCO P L C SPONSORED ADR COM 055622104 566 10684 SH DEFINED 10684
BRADY CORP CL A COM 104674106 227 7500 SH DEFINED 7500
BURLINGTON COAT FACTRY COM COM 121579106 12008 839000 SH DEFINED 839000
BURLINGTON INDS INC COM COM 121693105 6058 4846600 SH DEFINED 4846600
BUSH INDS INC CL A COM 123164105 17512 1514550 SH DEFINED 1514550
CABOT CORP COM COM 127055101 1387 76265 SH DEFINED 76265
CABOT MICROELECTRONICS COM COM 12709P103 1026 21375 SH DEFINED 21375
CALGON CARBON CORP COM COM 129603106 1242 182300 SH DEFINED 182300
CAMBRIDGE BANCORP COM COM 132152109 221 2900 SH DEFINED 2900
CAPITAL ONE FINL CORP COM COM 14040H105 8008 114300 SH DEFINED 114300
CARLISLE COS INC COM COM 142339100 24713 595500 SH DEFINED 595500
CBRL GROUP INC COM COM 12489v106 1384 96300 SH DEFINED 96300
CERIDIAN CORP COM COM 15677T106 46704 1664300 SH DEFINED 1664300
CHARTER COMMUNCTNS DEL CL A COM 16117m107 21057 1294600 SH DEFINED 1294600
CISCO SYS INC COM COM 17275R102 309 5600 SH DEFINED 5600
CITIGROUP INC COM COM 172967101 304 5625 SH DEFINED 5625
CLAIRES STORES INC COM COM 179584107 24385 1354700 SH DEFINED 1354700
CLARCOR INC COM COM 179895107 11466 588000 SH DEFINED 588000
CMI CORP CL A COM 125761304 19 12000 SH DEFINED 12000
COCA COLA CO COM COM 191216100 584 10602 SH DEFINED 10602
COMMERCIAL METALS CO COM COM 201723103 3425 134300 SH DEFINED 134300
CORNING INC. COM 219350105 3861 13000 SH DEFINED 13000
COULTER PHARMACEUTICAL COM COM 222116105 231 8000 SH DEFINED 8000
CROMPTON CORP COM COM 227116100 1441 183000 SH DEFINED 183000
CVS CORP COM COM 126650100 51177 1105036 SH DEFINED 1105036
DANIELSON HLDG CORP COM COM 236274106 72 17500 SH DEFINED 17500
DECKERS OUTDOOR CORP COM COM 243537107 54 10000 SH DEFINED 10000
DELHAIZE AMER INC CL A COM 246688105 296 17000 SH DEFINED 17000
DELTA APPAREL INC COM 247368103 3305 284300 SH DEFINED 284300
DELTA WOODSIDE IND NEW COM COM 247909104 3198 2843000 SH DEFINED 2843000
DELUXE CORPORATION COM 248019101 8476 417300 SH DEFINED 417300
DENDRITE INTL INC COM COM 248239105 42218 1574554 SH DEFINED 1574554
DENTSPLY INTL INC NEW COM COM 249030107 18618 532900 SH DEFINED 532900
DEPARTMENT 56 INC COM COM 249509100 8739 662700 SH DEFINED 662700
DEVRY INC DEL COM COM 251893103 7995 212500 SH DEFINED 212500
DONNKENNY INC COM COM 258006204 12 21250 SH DEFINED 21250
DUCK HEAD APPAREL CO COM COM 26410P103 213 284300 SH DEFINED 284300
DUN & BRADSTREET NEW COM COM 26483E100 5751 338300 SH DEFINED 338300
DUPONT E.I. DE NEMOURS CO COM 263534109 281 6773 SH DEFINED 6773
ELCOR CORP COM COM 284443108 7504 517500 SH DEFINED 517500
EMERSON ELEC CO COM COM 291011104 1648 24600 SH DEFINED 24600
ENGELHARD CORP COM COM 292845104 4077 250900 SH DEFINED 250900
EXXON MOBIL CORP COM COM 30231G102 2478 27809 SH DEFINED 27809
FAIRFIELD CMNTYS INC COM PAR $ COM 304231301 43805 4326400 SH DEFINED 4326400
FEDERAL SIGNAL CORP COM COM 313855108 15461 777900 SH DEFINED 777900
FIRST UN CORP COM COM 337358105 1178 36610 SH DEFINED 36610
FLOWSERVE CORPORATION COM 34354P105 40673 2474390 SH DEFINED 2474390
FOREST OIL CORP COM NEW COM 346091606 2299 142000 SH DEFINED 142000
FURNITURE BRANDS INTL COM COM 360921100 1413 85000 SH DEFINED 85000
GARTNER GROUP INC NEW CL B COM 366651206 228 20927 SH DEFINED 20927
GARTNER GROUP INC NEW COM COM 366651107 35817 3081000 SH DEFINED 3081000
GATX CORP COM COM 361448103 494 11800 SH DEFINED 11800
GENCORP INC COM COM 368682100 14902 1834100 SH DEFINED 1834100
GENERAL ELECTRIC CORP. COM 369604103 596 10338 SH DEFINED 10338
GERBER SCIENTIFIC INC COM COM 373730100 9199 1066500 SH DEFINED 1066500
GOODRICH B F CO COM COM 382388106 511 13050 SH DEFINED 13050
GRIFFON CORP COM COM 398433102 12807 1693500 SH DEFINED 1693500
HARLAND JOHN H CO COM COM 412693103 2317 151300 SH DEFINED 151300
HARMAN INTL INDS INC COM COM 413086109 68965 1763800 SH DEFINED 1763800
HARSCO CORPORATION COM 415864107 7788 353000 SH DEFINED 353000
HARTE-HANKS INC COM COM 416196103 41667 1529064 SH DEFINED 1529064
HASBRO, INC. COM 418056107 343 30000 SH DEFINED 30000
HIGHLANDS INS GROUP COM COM 431032101 422 45000 SH DEFINED 45000
HOME DEPOT INC COM COM 437076102 239 4500 SH DEFINED 4500
HORMEL FOODS CORP COM COM 440452100 1535 92000 SH DEFINED 92000
HOUGHTON-MIFFLIN CO. COM 441560109 981 25000 SH DEFINED 25000
HUFFY CORP COM COM 444356109 5829 555100 SH DEFINED 555100
IBM CORP. COM 459200101 482 4281 SH DEFINED 4281
IFR SYSTEMS INC. COM 449507102 225 45000 SH DEFINED 45000
INTERNATIONAL MULTIFOODS COR COM 460043102 2281 131300 SH DEFINED 131300
INTERNATIONAL SPECIALTY PROD COM 460337108 5722 1064500 SH DEFINED 1064500
ITT EDUCATIONAL SVCS COM COM 45068B109 37590 1385800 SH DEFINED 1385800
JONES APPAREL GROUP COM COM 480074103 20098 758400 SH DEFINED 758400
KAYDON CORP COM COM 486587108 10028 436000 SH DEFINED 436000
KELLOG CO COM 487836108 280 11560 SH DEFINED 11560
KENNAMETAL INC COM COM 489170100 55587 2158700 SH DEFINED 2158700
KIMCO REALTY CORP. COM 49446R109 6168 145980 SH DEFINED 145980
LANCASTER COLONY CORP COM COM 513847103 27638 1125200 SH DEFINED 1125200
LESCO INC OHIO COM COM 526872106 1853 121500 SH DEFINED 121500
LINCARE HLDGS INC COM COM 532791100 19287 672300 SH DEFINED 672300
MACDERMID INC COM COM 554273102 262 12500 SH DEFINED 12500
MARSHALL & ILSLEY CORP COM COM 571834100 1128 22500 SH DEFINED 22500
MARTIN MARIETTA MATLS COM COM 573284106 4808 125600 SH DEFINED 125600
MBIA INC. COM 55262C100 39421 554250 SH DEFINED 554250
MBNA CORP COM COM 55262L100 68667 1783553 SH DEFINED 1783553
MCDONALDS CORP COM COM 580135101 1255 41588 SH DEFINED 41588
MIKASA INC COM COM 59862T109 478 29200 SH DEFINED 29200
MINERALS TECHNOLOGIES INC. COM 603158106 36496 793400 SH DEFINED 793400
MODIS PROFESSIONAL SVC COM COM 607830106 18208 3510000 SH DEFINED 3510000
MOLEX INC CL A COM 608554200 42516 1026029 SH DEFINED 1026029
MOODYS CORP WHEN ISSUED COM 615369105 2000 76000 SH DEFINED 76000
MOORE CORP. LTD COM 615785102 1170 407100 SH DEFINED 407100
MOTOROLA INC COM COM 620076109 220 7800 SH DEFINED 7800
MSC INDL DIRECT INC CL A COM 553530106 35118 2302800 SH DEFINED 2302800
MUELLER INDS INC COM COM 624756102 26223 1168700 SH DEFINED 1168700
MUTUAL RISK MGMT LTD COM COM 628351108 54118 2466928 SH DEFINED 2466928
NBTY INC COM COM 628782104 5019 768500 SH DEFINED 768500
NEW YORK TIMES CO CL A COM 650111107 846 21526 SH DEFINED 21526
NORDSON CORP COM 655663102 1792 63000 SH DEFINED 63000
OGDEN CORP COM COM 676346109 40754 3004900 SH DEFINED 3004900
OMNOVA SOLUTIONS INC COM COM 682129101 12921 2322900 SH DEFINED 2322900
PAXAR CORP COM COM 704227107 14726 1647700 SH DEFINED 1647700
PFIZER, INC. COM 717081103 1166 25952 SH DEFINED 25952
PITNEY BOWES INC COM COM 724479100 1779 45120 SH DEFINED 45120
POLYONE CORP COM COM 73179P106 3027 414000 SH DEFINED 414000
PROFIT RECOVERY GROUP COM COM 743168106 10255 1038500 SH DEFINED 1038500
RAMCO-GERSHENSON PPTYS COM SH COM 751452202 663 44749 SH DEFINED 44749
RAYOVAC CORP COM COM 755081106 11145 650800 SH DEFINED 650800
RAYTHEON CO CL A COM 755111309 1041 38022 SH DEFINED 38022
REGIS CORP MINN COM COM 758932107 225 15000 SH DEFINED 15000
REYNOLDS & REYNOLDS CO CL A COM 761695105 70145 3529300 SH DEFINED 3529300
ROPER INDS INC NEW COM COM 776696106 5575 168000 SH DEFINED 168000
SBC COMMUNICATIONS INC. COM 78387G103 223 4459 SH DEFINED 4459
SCHLUMBERGER LTD COM COM 806857108 823 10000 SH DEFINED 10000
SCOTT TECHNOLOGIES INC COM COM 810022301 18614 1050500 SH DEFINED 1050500
SENSORMATIC ELECTRS CP COM COM 817265101 25456 1697100 SH DEFINED 1697100
SERVICEMASTER LTD PART PUB PAR COM 81760N109 127 12893 SH DEFINED 12893
SHAW INDS INC COM COM 820286102 38373 2074200 SH DEFINED 2074200
SIGMA ALDRICH CORP COM COM 826552101 18145 549850 SH DEFINED 549850
SILICON VY BANCSHARES COM COM 827064106 149084 2560065 SH DEFINED 2560065
SMITHKLINE BEECHAM PLC ADR REP COM 832378301 517 7528 SH DEFINED 7528
SOUTHERN UN CO NEW COM COM 844030106 239 12085 SH DEFINED 12085
SPECIAL METALS CORP COM COM 84741Y103 66 18000 SH DEFINED 18000
ST JUDE MED INC COM COM 790849103 765 15000 SH DEFINED 15000
STATE ST BOSTON CORP COM COM 857477103 34132 262552 SH DEFINED 262552
STERIS CORP COM COM 859152100 2896 241300 SH DEFINED 241300
SUN MICROSYSTEMS INC. COM 866810104 210 1800 SH DEFINED 1800
SUNGARD DATA SYS INC COM COM 867363103 8434 197000 SH DEFINED 197000
SUNGLASS HUT INTL INC COM COM 86736F106 23742 3635200 SH DEFINED 3635200
SYBRON INTL CORP COM COM 87114F106 4586 191100 SH DEFINED 191100
TELEFLEX, INC. COM 879369106 26345 766400 SH DEFINED 766400
THERMO ELECTRON CORP COM COM 883556102 14485 557100 SH DEFINED 557100
TRANSACTION SYS ARCHIT CL A COM 893416107 8154 501800 SH DEFINED 501800
TRENWICK GROUP LTD COM COM G9032C109 23713 1248046 SH DEFINED 1248046
UNISYS CORP COM COM 909214108 1406 125000 SH DEFINED 125000
UNIVERSAL FOODS CORP. WISC. COM 913538104 50092 2458500 SH DEFINED 2458500
UNOVA INC COM COM 91529B106 9234 2345200 SH DEFINED 2345200
UNUMPROVIDENT CORP COM COM 91529Y106 1431 52500 SH DEFINED 52500
VALASSIS COMMUNICATNS COM COM 918866104 5055 227200 SH DEFINED 227200
VARIAN INC COM COM 922206107 1124 26100 SH DEFINED 26100
VARIAN MED SYS INC COM COM 92220P105 1356 30000 SH DEFINED 30000
VARIAN SEMICONDUCTOR COM COM 922207105 1123 30000 SH DEFINED 30000
VIAD CORP COM COM 92552r109 13063 491800 SH DEFINED 491800
WABTEC CORP COM COM 929740108 1547 152758 SH DEFINED 152758
WAL MART STORES INC COM COM 931142103 1672 34750 SH DEFINED 34750
WALTER INDS INC COM COM 93317Q105 11454 1290600 SH DEFINED 1290600
WATER PIK TECHNOLOGIES COM COM 94113U100 1598 164990 SH DEFINED 164990
XTRA CORP COM COM 984138107 3697 83200 SH DEFINED 83200
YELLOW CORP COM COM 985509108 6458 427000 SH DEFINED 427000
YORK INTL CORP NEW COM COM 986670107 51362 2064800 SH DEFINED 2064800
</TABLE>
