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: Asset Management, Inc.
Address: 5530 Wisconsin Avenue
Suite 700
Chevy Chase, MD 20815
13F File Number: 28-99999
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: Arthur A. Adler, Jr.
Title: President
Phone: 301 656-2060
Signature, Place, and Date of Signing:
Arthur A. Adler, Jr. Chevy Chase, MD November 13, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS 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: 141
Form 13F Information Table Value Total: $202,311
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>
Dodge & Cox Stock Fund 256219106 640 6524.360 SH SOLE 6524.360
First Eagle Trust Fd of Amer C 32007T102 245 12434.234SH SOLE 12434.234
Janus Fund 471023101 408 8929.691 SH SOLE 8929.691
Liberty Acorn Intl Fund 53015P817 375 11932.868SH SOLE 11932.868
Longleaf Partnrs Small Cap Val 543069207 2468 114753.250SH SOLE 114753.250
Mass Invest Growth Stock Fund 575719109 369 16913.500SH SOLE 16913.500
New Perspective Fund Inc 648018109 335 11689.674SH SOLE 11689.674
Telephone Exchange Fd UIT AT&T 879919108 1338 400.000 SH SOLE 400.000
Turner Small Cap Equity Growth 900297300 3139 72478.627SH SOLE 72478.627
Vanguard Equity Income Fd 921921102 792 32897.989SH SOLE 32897.989
Vanguard Index Trust 500 922908108 1757 13251.889SH SOLE 13251.889
Vanguard Intl Growth Fund 921910204 430 20664.156SH SOLE 20664.156
Vanguard Strategic Equity Fund 922038104 186 10343.049SH SOLE 10343.049
Vanguard Total Stock Mkt Fd 922908306 387 11809.341SH SOLE 11809.341
Vanguard US Growth Fund 921910105 854 18441.950SH SOLE 18441.950
ADC Telecommunications COM 000886101 304 11290 SH SOLE 11290
AES Corp COM 00130H105 1614 23560 SH SOLE 23560
AMEX Basic Indus Sel Sector In COM 81369Y100 1355 74645 SH SOLE 74645
AMEX Consum Staples Sel Index COM 81369Y308 4280 171325 SH SOLE 171325
AMEX Cycl/Transp Sel Sect Inde COM 81369Y407 836 33600 SH SOLE 33600
AMEX Energy Select Index SPDR COM 81369Y506 3545 108180 SH SOLE 108180
AMEX Financial Select Index SP COM 81369Y605 695 23970 SH SOLE 23970
AMEX Tech Select Index SPDR COM 81369Y803 2895 62430 SH SOLE 62430
AT&T COM 001957109 1441 49059 SH SOLE 49059
AT&T Corp-Liberty Media Cl A COM 001957208 1495 83040 SH SOLE 83040
Abbott Labs COM 002824100 657 13808 SH SOLE 13808
Abigail Adams Natl Bancorp COM 135 15000 SH SOLE 15000
America Online Inc COM 02364J104 1465 27255 SH SOLE 27255
American Express Co COM 025816109 2663 43829 SH SOLE 43829
American International Group COM 026874107 278 2902 SH SOLE 2902
American Tower Corp COM 029912201 279 7416 SH SOLE 7416
Amgen Inc COM 031162100 396 5670 SH SOLE 5670
Analog Devices Inc COM 032654105 326 3945 SH SOLE 3945
Anheuser Busch Cos Inc COM 035229103 1932 45660 SH SOLE 45660
BB&T Corp COM 054937107 609 20217 SH SOLE 20217
BP Amoco PLC COM 055622104 448 8445 SH SOLE 8445
Bank of America Corp COM 060505104 3666 70000 SH SOLE 70000
Baxter International Inc COM 071813109 1669 20916 SH SOLE 20916
Berkshire Hathaway A COM 084670108 451 7 SH SOLE 7
Berkshire Hathaway B COM 084670207 2395 1157 SH SOLE 1157
Bristol Myers Squibb Co COM 110122108 1711 29956 SH SOLE 29956
C E Smith Realty COM 832197107 345 7600 SH SOLE 7600
CVS Corporation COM 126650100 1046 22575 SH SOLE 22575
Carrollton Bancorp COM 145282109 276 19002 SH SOLE 19002
Centura Banks COM 15640T100 571 14913 SH SOLE 14913
Chase Manhattan Corp COM 16161A108 310 6705 SH SOLE 6705
Cisco Systems Inc COM 17275R102 2853 51640 SH SOLE 51640
Citigroup Inc COM 172967101 4038 74690 SH SOLE 74690
Clear Channel Communications COM 184502102 9127 161536 SH SOLE 161536
Coca-Cola COM 191216100 736 13346 SH SOLE 13346
Comcast Cl A Spl COM 200300200 2615 63877 SH SOLE 63877
Compaq Computer Corp COM 204493100 1492 54100 SH SOLE 54100
Convergys Corp COM 212485106 1893 48695 SH SOLE 48695
Cosmetic Center Cl C COM 221234305 1 113475 SH SOLE 113475
Criimi Mae Inc COM 226603108 43 27773 SH SOLE 27773
Delphi Automotive Systems COM 247126105 675 44645 SH SOLE 44645
Diamonds Trust COM 252787106 567 5315 SH SOLE 5315
E4L Inc COM 49 208000 SH SOLE 208000
EMC Corp COM 268648102 2854 28795 SH SOLE 28795
Eli Lilly & Co COM 532457108 388 4787 SH SOLE 4787
Enron Corp COM 293561106 2314 26410 SH SOLE 26410
Equity Residential Prop Tr COM 29476L107 1652 34415 SH SOLE 34415
Exxon Mobil Corp COM 30231G102 2626 29463 SH SOLE 29463
Fannie Mae COM 313586109 1527 21355 SH SOLE 21355
FedEx COM 31428x106 346 7800 SH SOLE 7800
Federal Home Loan Mtg COM 313400301 480 8885 SH SOLE 8885
First Data Corporation COM 319963104 427 10925 SH SOLE 10925
First Union Corp COM 337358105 1816 56412 SH SOLE 56412
Ford Motor Co COM 345370860 1362 53827 SH SOLE 53827
Friede Goldman Halter Inc COM 141 20000 SH SOLE 20000
Friedman, Billings, Ramsey Grp COM 358433100 619 66445 SH SOLE 66445
Gap Inc COM 364760108 678 33675 SH SOLE 33675
General Electric Co COM 369604103 14135 245023 SH SOLE 245023
General Motors Class "H" COM 370442832 2739 73660 SH SOLE 73660
Gillette Co COM 375766102 1284 41580 SH SOLE 41580
HCA Healthcare Co COM 404119109 924 24900 SH SOLE 24900
HCR Manor Care Inc COM 564055101 372 23698 SH SOLE 23698
Hamilton-Biophile Co COM 40701P102 0 15000 SH SOLE 15000
Harley-Davidson COM 412822108 554 11573 SH SOLE 11573
Heilig Meyers Co COM 422893107 0 1037283 SH SOLE 1037283
Home Depot Inc COM 437076102 1246 23479 SH SOLE 23479
Household International Inc COM 441815107 1537 27150 SH SOLE 27150
I B M Corporation COM 459200101 6638 59006 SH SOLE 59006
Intel Corp COM 458140100 1182 28434 SH SOLE 28434
J Hancock Regional Bk Fd Cl B COM 409905205 247 6017 SH SOLE 6017
Jacobson Resonan COM 469830103 11 20000 SH SOLE 20000
Johnson & Johnson COM 478160104 1465 15594 SH SOLE 15594
Kimberly-Clark Corp COM 494368103 396 7100 SH SOLE 7100
L M Ericsson Tele Co ADR COM 294821400 207 13960 SH SOLE 13960
Leggett & Platt COM 524660107 961 60800 SH SOLE 60800
Lockheed Martin Corp COM 539830109 263 7993 SH SOLE 7993
Lucent Technologies Co COM 549463107 935 30584 SH SOLE 30584
MCI Worldcom Inc COM 98157D106 300 9881 SH SOLE 9881
ML Pharmaceutical Holders COM 71712A206 1094 10800 SH SOLE 10800
Marriott Intl Inc New Cl A COM 571903202 545 14950 SH SOLE 14950
McDonalds Corp COM 580135101 389 12894 SH SOLE 12894
Mercantile Bankshares COM 587405101 269 7400 SH SOLE 7400
Merck & Co COM 589331107 3448 46321 SH SOLE 46321
Merit Acquisition Corp COM 25 41666 SH SOLE 41666
Merrill Lynch COM 590188108 2442 37002 SH SOLE 37002
Microsoft Corporation COM 594918104 2106 34916 SH SOLE 34916
Mills Corp COM 601148109 439 23200 SH SOLE 23200
Minnesota Minning & Mfg COM 604059105 389 4269 SH SOLE 4269
Morgan Stanley D Witter Disc C COM 617446448 480 5250 SH SOLE 5250
Motorola Inc COM 620076109 1609 56972 SH SOLE 56972
NASDAQ 100 Index SPDR COM 631100104 255 2880 SH SOLE 2880
New Sky Communications Inc COM 648726107 5 170000 SH SOLE 170000
Nextel Communications COM 65332V103 451 9650 SH SOLE 9650
Nortel Networks Corp COM 656568102 873 14650 SH SOLE 14650
Oracle Systems COM 68389X105 4755 60381 SH SOLE 60381
Pelican Financial Inc COM 705808103 73 26668 SH SOLE 26668
PepsiCo Inc COM 713448108 404 8775 SH SOLE 8775
Pfizer Inc COM 717081103 9286 206633 SH SOLE 206633
Potomac Elec Power Co COM 737679100 233 9244 SH SOLE 9244
Prin Preser PSE Tech 100 Indx COM 74252B873 10895 276945 SH SOLE 276945
Providian Financial Corp COM 74406A102 381 3000 SH SOLE 3000
QWest Communications COM 749121109 650 13520 SH SOLE 13520
RadioShack Corp COM 750438103 2528 39115 SH SOLE 39115
Riggs National Corp COM 766570105 183 14965 SH SOLE 14965
S&P's Depositary Receipts COM 78462F103 7240 50409 SH SOLE 50409
Silver Diner Inc COM 827655101 10 10000 SH SOLE 10000
Smithkline Beecham PLC ADR COM 832378301 377 5500 SH SOLE 5500
Southern Financial Bank Corp COM 842870107 144 10000 SH SOLE 10000
Sprint Corp Fon Group COM 852061100 358 12209 SH SOLE 12209
Sprint Corp PCS Group COM 852061506 252 7194 SH SOLE 7194
Staples Inc COM 855030102 213 15000 SH SOLE 15000
Sun Microsystems COM 866810104 783 6710 SH SOLE 6710
SunTrust Banks Inc COM 867914103 1132 22716 SH SOLE 22716
TRW Incorporated COM 872649108 836 20587 SH SOLE 20587
Texas Instruments COM 882508104 853 18080 SH SOLE 18080
Time Warner Inc COM 887315109 848 10840 SH SOLE 10840
Trizec Hahn Corporation COM 896938107 521 31000 SH SOLE 31000
US Technologies COM 91272D309 7 10000 SH SOLE 10000
Vanguard Special Energy Port COM 921908109 2124 74749 SH SOLE 74749
Verizon Communications COM 92343v104 424 8748 SH SOLE 8748
Viacom Inc Cl B COM 925524308 2857 48834 SH SOLE 48834
Vodafone Group PLC COM 92857W100 1495 40411 SH SOLE 40411
Wal-Mart Stores Inc COM 931142103 2116 43960 SH SOLE 43960
Walt Disney Co COM 254687106 2923 76417 SH SOLE 76417
Waters Corp COM 941848103 1133 12725 SH SOLE 12725
Wells Fargo & Co COM 949746101 932 20280 SH SOLE 20280
</TABLE>
