HARDESTY CAPITAL MANAGEMENT CORP
13F-HR, 2000-11-15
Previous: UNICAPITAL CORP, 8-K, 2000-11-15
Next: LUNN PARTNERS LLC, 13F-HR, 2000-11-15



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year of 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:		Hardesty Capital Management Corp.
Address:		2 East Read Street
		Baltimore, MD 21202

13F File Number:

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:
Title:
Phone:
Signature, Place, and Date of Signing:



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
<PAGE>
FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:		0

Form 13F Information Table Entry Total:		104

Form 13F Information Table Value Total:		$309,490

List of Other Included Managers:

No.	13F File Number		Name


<PAGE><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>
3COM CORP COM                  COM              885535104     3150   164160 SH       SOLE                                     164160
ABBOTT LABS COM                COM              002824100      489    10278 SH       SOLE                                      10278
AGILENT TECHNOLOGIES COM       COM              00846U101     2933    59937 SH       SOLE                                      59937
AMERICA ONLINE INC DEL COM     COM              02364J104      309     5750 SH       SOLE                                       5750
AMERICAN HOME PRODS CP COM     COM              026609107      823    14549 SH       SOLE                                      14549
AMERICAN INTL GROUP COM        COM              026874107      547     5721 SH       SOLE                                       5721
AMGEN INC COM                  COM              031162100      578     8275 SH       SOLE                                       8275
ANDREW CORP COM                COM              034425108     1413    53950 SH       SOLE                                      53950
BAY NATL CP MD                 COM              072500101      100    10000 SH       SOLE                                      10000
BECTON DICKINSON & CO COM      COM              075887109     4777   180675 SH       SOLE                                     180675
BELLSOUTH CORP COM             COM              079860102     3639    90416 SH       SOLE                                      90416
BMC SOFTWARE INC COM           COM              055921100     4485   234524 SH       SOLE                                     234524
BOEING CO COM                  COM              097023105      208     3300 SH       SOLE                                       3300
BP AMOCO P L C SPONSORED ADR   COM              055622104     6249   117900 SH       SOLE                                     117900
BRISTOL MYERS SQUIBB COM       COM              110122108     7930   138816 SH       SOLE                                     138816
BROADWING INC                  COM              111620100      390    15267 SH       SOLE                                      15267
CAPITAL ONE FINL CORP COM      COM              14040H105      692     9875 SH       SOLE                                       9875
CATERPILLAR INC DEL COM        COM              149123101     3829   113465 SH       SOLE                                     113465
CELLEGY PHARMACEUTICLS COM     COM              15115L103      320    40000 SH       SOLE                                      40000
CHASE MANHATTAN NEW COM        COM              16161A108     4771   103297 SH       SOLE                                     103297
CHEVRON CORPORATION COM        COM              166751107     2262    26529 SH       SOLE                                      26529
CHUBB CORP COM                 COM              171232101     4967    62777 SH       SOLE                                      62777
CISCO SYS INC COM              COM              17275R102     1842    33344 SH       SOLE                                      33344
CITIGROUP INC COM              COM              172967101     1149    21251 SH       SOLE                                      21251
COCA COLA CO COM               COM              191216100     2158    39145 SH       SOLE                                      39145
CONCEPTUS INC                  COM              206016107      365    40000 SH       SOLE                                      40000
CONSTELLATION ENERGY COM       COM              210371100      366     7357 SH       SOLE                                       7357
CORNING INC COM                COM              219350105    11121    37445 SH       SOLE                                      37445
CORPORATE OFFICE PPTYS SH BEN  COM              22002T108      166    16700 SH       SOLE                                      16700
DANA CORP COM                  COM              235811106     2915   135575 SH       SOLE                                     135575
DELL COMPUTER CORP COM         COM              247025109     2825    91668 SH       SOLE                                      91668
DISNEY WALT CO COM             COM              254687106      514    13446 SH       SOLE                                      13446
DU PONT E I DE NEMOURS COM     COM              263534109     5073   122434 SH       SOLE                                     122434
E M C CORP MASS COM            COM              268648102     1154    11646 SH       SOLE                                      11646
EARTHSHELL CORP COM            COM              27032B100       20    16000 SH       SOLE                                      16000
EMERSON ELEC CO COM            COM              291011104      343     5118 SH       SOLE                                       5118
EXEL LTD ORD                   COM              G98255105      296     4000 SH       SOLE                                       4000
EXXON MOBIL CORP COM           COM              30231g102    11991   134546 SH       SOLE                                     134546
FANNIE MAE                     COM              313586109     7458   104309 SH       SOLE                                     104309
FEDERAL HOME LN MTG CP COM     COM              313400301      370     6850 SH       SOLE                                       6850
FIRST UN CORP COM              COM              337358105     5992   186149 SH       SOLE                                     186149
GENERAL ELEC CO COM            COM              369604103    15249   264343 SH       SOLE                                     264343
GENERAL MTRS CORP COM          COM              370442105      237     3644 SH       SOLE                                       3644
GOLDMAN SACHS GROUP COM        COM              38141G104     9318    81780 SH       SOLE                                      81780
HALLIBURTON CO COM             COM              406216101     3284    67108 SH       SOLE                                      67108
HEWLETT PACKARD CO COM         COM              428236103     5102    52598 SH       SOLE                                      52598
HOME DEPOT INC COM             COM              437076102      489     9223 SH       SOLE                                       9223
HSB GROUP INC COM              COM              40428N109     3210    79995 SH       SOLE                                      79995
INGERSOLL RAND CO COM          COM              456866102     1794    52962 SH       SOLE                                      52962
INTEL CORP COM                 COM              458140100     8935   214974 SH       SOLE                                     214974
INTERNATIONAL BUS MACH COM     COM              459200101    12097   107645 SH       SOLE                                     107645
JOHNSON & JOHNSON COM          COM              478160104     6756    71922 SH       SOLE                                      71922
LOCKHEED MARTIN CORP COM       COM              539830109     1566    47525 SH       SOLE                                      47525
LOWES COS INC COM              COM              548661107     6392   142438 SH       SOLE                                     142438
LUCENT TECHNOLOGIES COM        COM              549463107     5161   168876 SH       SOLE                                     168876
MAY DEPT STORES CO COM         COM              577778103     1113    54296 SH       SOLE                                      54296
MBNA CORP COM                  COM              55262L100      287     7450 SH       SOLE                                       7450
MCDONALDS CORP COM             COM              580135101     3423   113385 SH       SOLE                                     113385
MCI WORLDCOM INC COM           COM              55268B106      278     9161 SH       SOLE                                       9161
MERCANTILE BANKSHARES COM      COM              587405101     2414    66515 SH       SOLE                                      66515
MERCK & CO INC COM             COM              589331107    10951   147112 SH       SOLE                                     147112
MERRY-GO ROUND ENTERPRISES     COM              590436101        0    10000 SH       SOLE                                      10000
MICROSOFT CORP COM             COM              594918104     6344   105187 SH       SOLE                                     105187
MORGAN J P & CO INC COM        COM              616880100      544     3321 SH       SOLE                                       3321
NANOPHASE TECHNOLOGIES COM     COM              630079101      661    49000 SH       SOLE                                      49000
NETWORKS ASSOCS INC COM        COM              640938106      389    17200 SH       SOLE                                      17200
NOKIA CORP SPONSORED ADR       COM              654902204     3923    98531 SH       SOLE                                      98531
NORFOLK SOUTHERN CORP COM      COM              655844108      904    61844 SH       SOLE                                      61844
ORACLE CORP COM                COM              68389X105    18685   237264 SH       SOLE                                     237264
PALM INC COM                   COM              696642107     9631   181938 SH       SOLE                                     181938
PEOPLESOFT INC COM             COM              712713106     8855   316950 SH       SOLE                                     316950
PFIZER INC COM                 COM              717081103     9059   201585 SH       SOLE                                     201585
PMA CAP CORP CL A              COM              pmaca          214    11875 SH       SOLE                                      11875
POLYMEDICA CORP COM            COM              731738100     1674    39050 SH       SOLE                                      39050
PRICE T ROWE & ASSOC COM       COM              741477103      440     9380 SH       SOLE                                       9380
PROCTER & GAMBLE CO COM        COM              742718109     8522   127196 SH       SOLE                                     127196
QWEST COMMUNICATIONS COM       COM              749121109     8968   186582 SH       SOLE                                     186582
REVLON INC CL A                COM              761525500       67    10000 SH       SOLE                                      10000
RF MICRO DEVICES               COM              749941100     1422    45400 SH       SOLE                                      45400
ROYAL DUTCH PETE CO NY REG GLD COM              780257804      313     5221 SH       SOLE                                       5221
SBC COMMUNICATIONS INC COM     COM              78387G103     3411    68225 SH       SOLE                                      68225
SCHERING PLOUGH CORP COM       COM              806605101      618    13300 SH       SOLE                                      13300
SMITHKLINE BEECHAM PLC ADR REP COM              832378301      211     3080 SH       SOLE                                       3080
SPDR TR UNIT SER 1             COM              78462F103     2014    14025 SH       SOLE                                      14025
STAPLES INC COM                COM              855030102      191    13446 SH       SOLE                                      13446
STATE ST BOSTON CORP COM       COM              857477103      377     2900 SH       SOLE                                       2900
SUNTRUST BKS INC COM           COM              867914103      211     4241 SH       SOLE                                       4241
TELLABS INC COM                COM              879664100      398     8325 SH       SOLE                                       8325
TRIQUINT SEMICONDUCTOR COM     COM              89674K103      832    22823 SH       SOLE                                      22823
TYCO INTL LTD NEW COM          COM                             265     5118 SH       SOLE                                       5118
USINTERNETWORKING INC COM      COM              917311805      423    63365 SH       SOLE                                      63365
V F CORP COM                   COM              918204108     1177    47675 SH       SOLE                                      47675
VERIZON COMMUNICATIONS COM     COM              92343v104     2363    48793 SH       SOLE                                      48793
VULCAN MATLS CO COM            COM              vmc            419    10423 SH       SOLE                                      10423
WAL MART STORES INC COM        COM              931142103      413     8590 SH       SOLE                                       8590
WASHINGTON R EST IN TR SH BEN  COM              939653101      223    11125 SH       SOLE                                      11125
WELLS FARGO & CO DEL COM       COM              949740104      296     6445 SH       SOLE                                       6445
XEROX CORP COM                 COM              984121103      180    11960 SH       SOLE                                      11960
AMERICAN WASHINGTON MUT INVS F FNDS             939330106      469    15722 SH       SOLE                                      15722
DAVIS NY VENTURE FD CL C       FNDS             239080302      292     9551 SH       SOLE                                       9551
FLAG INVESTORS EMERGING GROWTH FNDS             33832K100      353    11510 SH       SOLE                                      11510
FLAG INVS COMM FD CL A         FNDS                           1234    34357 SH       SOLE                                      34357
FLAG INVS VALUE BLDR CL A      FNDS                           1720    72654 SH       SOLE                                      72654
JANUS INVT FD SH BEN INT       FNDS             471023101     1747    38206 SH       SOLE                                      38206
</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission