UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: MARCH 31, 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 y 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 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 April 27, 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 13 F Information Table Value Total: $327,705
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Form 13 F information Table
Value Shares/ Sh/ PutInvstmOther Voting Authority
Name of Issuer Title of Cl CUSIP (x$1000) PRN AMT PRN CalDscretManagers Sole SharedNone
A. T. & T. Corp. Com 001957109 6884 122250 SH SOLE 122250 0 0
Alcoa Com 022249106 393 5600 SH SOLE 5600 0 0
ALZA Corp.(aza) Com 022615108 980 26100 SH SOLE 26100 0 0
Amazon.com Com 023135106 2348 35050 SH SOLE 35050 0 0
American Express Corp Com 025816109 6549 43975 SH SOLE 43975 0 0
American Int'l Group Com 026874107 3840 35075 SH SOLE 35075 0 0
Amgen Inc. Com 031162100 3133 51050 SH SOLE 51050 0 0
Apple Computer Com 037833100 312 2300 SH SOLE 2300 0 0
Atlantic Richfield Co. Com 048825103 255 3000 SH SOLE 3000 0 0
Bell Atlantic Corp. Com 077853109 1680 27500 SH SOLE 27500 0 0
Biogen Inc. (bgen) Com 090597105 2270 32500 SH SOLE 32500 0 0
Boeing Com 097023105 234 6200 SH SOLE 6200 0 0
Boston Scientific Corp. Com 101137107 3961 185900 SH SOLE 185900 0 0
C.R. Bard, Inc. Com 067383109 2454 63450 SH SOLE 63450 0 0
Canandaigua Brands Inc. 8.75 12-1 Bond 137219AB7 38 40000 PRN SOLE 40000 0 0
Cardinal Health Inc. Com 14149Y108 2351 51250 SH SOLE 51250 0 0
Caterpillar Com 149123101 220 5600 SH SOLE 5600 0 0
CBS, Inc. Com 12490K107 6854 121050 SH SOLE 121050 0 0
Chase Manhattan Bank Com 16161A108 5845 67050 SH SOLE 67050 0 0
Chevron Corp. Com 166751107 2576 27875 SH SOLE 27875 0 0
Cisco Systems Inc. Com 17275R102 463 6000 SH SOLE 6000 0 0
CitiGroup Com 172967101 7893 131825 SH SOLE 131825 0 0
Coca Cola Com 191216100 262 5600 SH SOLE 5600 0 0
Comcast Corp. Cl A Com 200300200 5070 116900 SH SOLE 116900 0 0
Compaq Computer Corp. Com 204493100 3387 125450 SH SOLE 125450 0 0
Cornerstone US Gov't. Strategi Mt Fd 360908305 437361543.6 SH SOLE 361544 0 0
Data Broadcasting Corp. (dbcc) Com 237596101 122 16000 SH SOLE 16000 0 0
Dell Computer Com 247025109 6531 121100 SH SOLE 121100 0 0
Disney (Walt) Com 254687106 231 5600 SH SOLE 5600 0 0
Double Click Com 258609304 5182 55350 SH SOLE 55350 0 0
DuPont Com 263534109 296 5600 SH SOLE 5600 0 0
Eastman Kodak Com 277461109 304 5600 SH SOLE 5600 0 0
Eclipsys Corp. (eclp) Com 278856109 198 10250 SH SOLE 10250 0 0
EMC Corp Com 268648102 277 2200 SH SOLE 2200 0 0
Exxon Corp Com 302290101 3640 46706 SH SOLE 46706 0 0
Federated Dept. Stores Com 31410H101 3172 75100 SH SOLE 75100 0 0
Fox Entertainment Com 35138T107 4330 144650 SH SOLE 144650 0 0
General Electric Co. Com 369604103 10380 66700 SH SOLE 66700 0 0
General Motors Corp. Com 370442105 513 6200 SH SOLE 6200 0 0
GTE Corp. w/Rts. Com 362320103 3368 47450 SH SOLE 47450 0 0
H&R Block Com 093671105 4188 93600 SH SOLE 93600 0 0
Healtheon Com 422209106 575 25000 SH SOLE 25000 0 0
Hewlett Packard Co Com 428236103 11237 84575 SH SOLE 84575 0 0
Hibernia Corp. Com 428656102 1745 166200 SH SOLE 166200 0 0
Home Depot Com 437076102 4574 70925 SH SOLE 70925 0 0
Honeywell (formerly Allied) Com 019512102 295 5600 SH SOLE 5600 0 0
IDX Systems Com 449491109 684 25000 SH SOLE 25000 0 0
Intel Corp. Com 458140100 13444 101900 SH SOLE 101900 0 0
International Business Machine Com 459200101 7493 63500 SH SOLE 63500 0 0
Intimate Brands Inc. Com 461156101 2531 61452 SH SOLE 61452 0 0
Int'l Paper Com 460146103 239 5600 SH SOLE 5600 0 0
J.P. Morgan Com 616880100 737 5600 SH SOLE 5600 0 0
Johnson & Johnson Com 478160104 461 6570 SH SOLE 6570 0 0
Lehman Bros. Hldgs Inc. Com 524908100 9995 103050 SH SOLE 103050 0 0
Liberty Media Group A Com 001957208 10397 175300 SH SOLE 175300 0 0
Limited Inc. Com 532716107 278 6600 SH SOLE 6600 0 0
Lowes Companies Inc. Com 548661107 7216 123625 SH SOLE 123625 0 0
Lucent Technologies Inc. Com 549463107 6535 106700 SH SOLE 106700 0 0
M. Stanley D. Witter Com 617446448 9456 114100 SH SOLE 114100 0 0
McDonald's Corp. Com 580135101 317 8500 SH SOLE 8500 0 0
MCI Worldcom Inc. Com 55268B106 6099 134600 SH SOLE 134600 0 0
Medtronic Inc. Com 585055106 4860 94500 SH SOLE 94500 0 0
Mellon Bank Com 585509102 294 9900 SH SOLE 9900 0 0
Merck & Co. Com 589331107 667 10750 SH SOLE 10750 0 0
Merrill Lynch & Co. Inc. Com 590188108 8134 77475 SH SOLE 77475 0 0
Microsoft Corp. Com 594918104 12192 114750 SH SOLE 114750 0 0
Millenium Pharm (mlnm) Com 599902103 2870 22100 SH SOLE 22100 0 0
Minnesota Min'g. & Mfg. Com 604059105 584 6600 SH SOLE 6600 0 0
Motorola, Inc. Com 620076109 11449 78419 SH SOLE 78419 0 0
Network Appliances Com 64120L104 397 4800 SH SOLE 4800 0 0
Novoste (novt) Com 67010C100 872 21815 SH SOLE 21815 0 0
Omnicare, Inc. Com 681904108 1079 89500 SH SOLE 89500 0 0
Oracle Systems Com 68389X105 468 6000 SH SOLE 6000 0 0
Pepsico, Inc. Com 713448108 4204 120550 SH SOLE 120550 0 0
Pitney Bowes Inc. Com 724479100 5335 119400 SH SOLE 119400 0 0
Priceline.com Com 741503106 3200 40000 SH SOLE 40000 0 0
Procter & Gamble Co. Com 742718109 491 8700 SH SOLE 8700 0 0
Quintiles Transnational Com 748767100 989 58000 SH SOLE 58000 0 0
Ralston Purina Grp. Com 751277302 4701 170950 SH SOLE 170950 0 0
Royal Caribbean Com V7780T103 3290 117500 SH SOLE 117500 0 0
Royal Dutch Pete Co. Com 780257705 3046 52700 SH SOLE 52700 0 0
SBC Communications Inc. w/ Rig Com 78387G103 3399 80704 SH SOLE 80704 0 0
Scientific Atlanta Inc. Com 808655104 13516 213700 SH SOLE 213700 0 0
Sears Roebuck & Co. Com 812387108 215 7050 SH SOLE 7050 0 0
Technology SPDR (xlk) Com 81369Y803 242 4000 SH SOLE 4000 0 0
Tenet Healthcare Corp. 8.625 01-1 Bond 88033GAG5 18 20000 PRN SOLE 20000 0 0
Tiffany & Co. Com 886547108 468 5600 SH SOLE 5600 0 0
Time-Warner Com 887315109 10030 100306 SH SOLE 100306 0 0
Tyco International Com 902124106 7092 141500 SH SOLE 141500 0 0
U.S. Treasury Bond 7.25 05-15-16 Bond 912810DW5 82 75000 PRN SOLE 75000 0 0
U.S. Treasury Bond 7.5 11-15-16 Bond 912810DX3 67 60000 PRN SOLE 60000 0 0
U.S. Treasury Bond 8.75 05-15-20 Bond 912810EF1 64 50000 PRN SOLE 50000 0 0
U.S. Treasury Note 5.75 08-15-03 Bond 912827L83 49 50000 PRN SOLE 50000 0 0
United Technologies Corp. Com 913017109 379 6000 SH SOLE 6000 0 0
Vertex Pharmaceuticals Com 92532F100 936 20000 SH SOLE 20000 0 0
Viacom Inc. Cl. B Com 925524308 5886 111600 SH SOLE 111600 0 0
Wal Mart Stores Inc. Com 931142103 4497 79600 SH SOLE 79600 0 0
Wellpoint Hlth Networks A Com 94973H108 3378 48350 SH SOLE 48350 0 0
Xerox Corp. Com 984121103 491 18900 SH SOLE 18900 0 0
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