UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: DECEMBER 31, 1999
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 rue
correct and complete, and that is 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 Operations Principal
Phone: 212-983-8100
Signature, Place, and Date of Signing:
Nancy J. O. Luburich New York, NY February 14, 2000
Report type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:0
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total: $302,443
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Form 13 F information
Table
Value Shares/
Sh/ Put/InvstmtOther Voting Authority
Name of Issuer Title of Cl CUSIP (x$1000) PRN AMT
PRN CallDscretnManagersSole SharedNone
A. T. & T. Corp. Com 001957109 6077 119600
SH SOLE 119600 0 0
Abbott Laboratories Com 002824100 1094 30150
SH SOLE 30150 0 0
Alcoa Com 022249106 464 5600
SH SOLE 5600 0 0
ALZA Corp. (aza) Com 022615108 903 26100
SH SOLE 26100 0 0
Amazon.com Com 023135106 2658 34925
SH SOLE 34925 0 0
America Online Com 02364J104 4097 54000
SH SOLE 54000 0 0
American Express Corp Com 025816109 7310 43975
SH SOLE 43975 0 0
American Int'l Group Com 026874107 3646 33725
SH SOLE 33725 0 0
Apple Computer Com 037833100 226 2200
SH SOLE 2200 0 0
Asscs Corp. Notes 6% due 03-15-00 Corp. Bond 046003EH8 39 40000
PRN SOLE 40000 0 0
Atlantic Richfield Co. Com 048825103 259 3000
SH SOLE 3000 0 0
Bell Atlantic Corp. Com 077853109 1692 27500
SH SOLE 27500 0 0
Boeing Com 097023105 256 6200
SH SOLE 6200 0 0
Boston Scientific Corp. Com 101137107 2959 135300
SH SOLE 135300 0 0
C.R. Bard, Inc. Com 067383109 3362 63450
SH SOLE 63450 0 0
Canandaigua Brands Inc. 8.75% due 12-Corp. Bond 137219AB7 39 40000
PRN SOLE 40000 0 0
Cardinal Health Inc. Com 14149Y108 2448 51150
SH SOLE 51150 0 0
Caterpillar Com 149123101 263 5600
SH SOLE 5600 0 0
CBS, Inc. Com 12490K107 7535 117850
SH SOLE 117850 0 0
CD Now Com 125086108 154 15600
SH SOLE 15600 0 0
Chase Manhattan Bank Com 16161A108 5088 65500
SH SOLE 65500 0 0
Chevron Corp. Com 166751107 2397 27675
SH SOLE 27675 0 0
Cisco Systems Inc. Com 17275R102 321 3000
SH SOLE 3000 0 0
CitiGroup Com 172967101 7278 130700
SH SOLE 130700 0 0
Coca Cola Com 191216100 326 5600
SH SOLE 5600 0 0
Comcast Corp. 9.125% due 10-15-06 Corp. Bond 200300AT8 10 10000
PRN SOLE 10000 0 0
Comcast Corp. Cl A Com 200300200 5144 101750
SH SOLE 101750 0 0
Compaq Computer Corp. Com 204493100 3133 115800
SH SOLE 115800 0 0
Cornerstone US Gov't. Strategi Mut. Fd 360908305 438 359034.7
SH SOLE 359035 0 0
Dell Computer Com 247025109 5872 115150
SH SOLE 115150 0 0
Double Click Com 258609304 6782 26800
SH SOLE 26800 0 0
DuPont Com 263534109 368 5600
SH SOLE 5600 0 0
Eastman Kodak Com 277461109 371 5600
SH SOLE 5600 0 0
Eclipsys Corp. Com 278856109 262 10250
SH SOLE 10250 0 0
EMC Corp Com 268648102 240 2200
SH SOLE 2200 0 0
Exxon Corp Com 302290101 3682 45706
SH SOLE 45706 0 0
Federated Dept. Stores Com 31410H101 3804 75250
SH SOLE 75250 0 0
Fox Entertainment Com 35138T107 3694 148150
SH SOLE 148150 0 0
General Electric Co. Com 369604103 10201 65925
SH SOLE 65925 0 0
General Instrument Corp. Com 370120107 14717 173150
SH SOLE 173150 0 0
General Motors Corp. Com 370442105 436 6000
SH SOLE 6000 0 0
Globalstar Telecommunications Com G3930H104 209 4750
SH SOLE 4750 0 0
GTE Corp. w/Rts. Com 362320103 3281 46500
SH SOLE 46500 0 0
H&R Block Com 093671105 2653 60650
SH SOLE 60650 0 0
Hewlett Packard Co Com 428236103 9623 84600
SH SOLE 84600 0 0
Hibernia Corp. Com 428656102 1787 168200
SH SOLE 168200 0 0
Home Depot Com 437076102 5068 73725
SH SOLE 73725 0 0
Impath Inc. Com 45255G101 597 23500
SH SOLE 23500 0 0
Intel Corp. Com 458140100 8379 101800
SH SOLE 101800 0 0
International Business Machine Com 459200101 6655 61700
SH SOLE 61700 0 0
Intimate Brands Inc. Com 461156101 2867 66492
SH SOLE 66492 0 0
Int'l Paper Com 460146103 316 5600
SH SOLE 5600 0 0
J.P. Morgan Com 616880100 709 5600
SH SOLE 5600 0 0
Johnson & Johnson Com 478160104 612 6570
SH SOLE 6570 0 0
Lehman Bros. Hldgs Inc. Com 524908100 8612 101700
SH SOLE 101700 0 0
Liberty Media Group A Com 001957208 11376 200250
SH SOLE 200250 0 0
Limited Inc. Com 532716107 285 6600
SH SOLE 6600 0 0
Lowes Companies Inc. Com 548661107 4626 77425
SH SOLE 77425 0 0
Lucent Technologies Inc. Com 549463107 6544 87256
SH SOLE 87256 0 0
M. Stanley D. Witter Com 617446448 8186 57350
SH SOLE 57350 0 0
McDonald's Corp. Com 580135101 302 7500
SH SOLE 7500 0 0
MCI Worldcom Inc. Com 55268B106 5352 100875
SH SOLE 100875 0 0
Medtronic Inc. Com 585055106 3403 93400
SH SOLE 93400 0 0
Mellon Bank Com 585509102 350 10300
SH SOLE 10300 0 0
Merck & Co. Com 589331107 3429 51050
SH SOLE 51050 0 0
Merrill Lynch & Co. Inc. Com 590188108 6390 76700
SH SOLE 76700 0 0
Microsoft Corp. Com 594918104 13166 112775
SH SOLE 112775 0 0
Millenium Pharm Com 599902103 2696 22100
SH SOLE 22100 0 0
Minnesota Min'g. & Mfg. Com 604059105 743 7600
SH SOLE 7600 0 0
Novoste (novt) Com 67010C100 359 21815
SH SOLE 21815 0 0
Omnicare, Inc. Com 681904108 1066 88885
SH SOLE 88885 0 0
Oracle Systems Com 68389X105 336 3000
SH SOLE 3000 0 0
Pepsico, Inc. Com 713448108 4019 114025
SH SOLE 114025 0 0
Pitney Bowes Inc. Com 724479100 3642 75400
SH SOLE 75400 0 0
Prime Hospitality Corp. 9.25% due 01-Corp. Bond 741917AC2 10 10000
PRN SOLE 10000 0 0
Procter & Gamble Co. Com 742718109 745 6800
SH SOLE 6800 0 0
Ralston Purina Grp. Com 751277302 4639 166450
SH SOLE 166450 0 0
Royal Caribbean Com V7780T103 3501 71000
SH SOLE 71000 0 0
Royal Dutch Pete Co. Com 780257705 3118 51500
SH SOLE 51500 0 0
SBC Communications Inc. Com 78387G103 3909 80204
SH SOLE 80204 0 0
Scientific Atlanta Inc. Com 808655104 8322 148950
SH SOLE 148950 0 0
Sears Roebuck & Co. Com 812387108 214 7050
SH SOLE 7050 0 0
St. Jude Medical Com 790849103 1693 55200
SH SOLE 55200 0 0
Technology SPDR Com 81369Y803 210 3900
SH SOLE 3900 0 0
Tenet Hlthcre Corp. 8.625% due 01-15-Corp. Bond 88033GAG5 19 20000
PRN SOLE 20000 0 0
Tiffany & Co. Com 886547108 499 5600
SH SOLE 5600 0 0
Time-Warner Com 887315109 7166 99106
SH SOLE 99106 0 0
Tyco International Com 902124106 3217 82500
SH SOLE 82500 0 0
US Treasury Bond 7.25% due 05-15-16 US Bd 912810DW5 78 75000
PRN SOLE 75000 0 0
US Treasury Bond 7.5% due 11-15-16 US Bd 912810DX3 64 60000
PRN SOLE 60000 0 0
US Treasury Bond 8.75% due 05-15-20 US Bd 912810EF1 60 50000
PRN SOLE 50000 0 0
US Treasury Note 5.75% due 08-15-03 US Bd 912827L83 48 50000
PRN SOLE 50000 0 0
United Tech Corp. Com 913017109 390 6000
SH SOLE 6000 0 0
Vertex Pharm Com 92532F100 700 20000
SH SOLE 20000 0 0
Viacom Inc. Cl. B Com 925524308 6732 111400
SH SOLE 111400 0 0
Wal Mart Stores Inc. Com 931142103 5018 72600
SH SOLE 72600 0 0
Wal Mart Stores Inc. Com 931142103 387 5600
SH SOLE 5600 0 0
Wellpoint Hlth Networks A Com 94973H108 3188 48350
SH SOLE 48350 0 0
Wesley Jessen Com 951018100 833 22000
SH SOLE 22000 0 0
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