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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: GBU Inc.
Address: 70 East 55th Street - 12th Floor
New York, New York 10022
13F File Number: 28-3994
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: Gerald B. Unterman
Title: President
Phone:(212) 753-0700
Signature, Place, and Date of Signing:
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<S> <C> <C>
/s/ Gerald B. Unterman New York, New York November 9, 2000
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<CAPTION>
Report Type (Check only one):
<S> <C>
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
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FORM 13F SUMMARY PAGE
Report Summary
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<S> <C>
Number of Other Included Managers: -0-
Form 13F Information Table Entry Total: 18
Form 13F Information Table Value Total: $275,980
List of Other Included Managers: None
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FORM 13F INFORMATION TABLE
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<CAPTION>
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
NAME OF TITLE OF CUSIP VALUE SHARES/ SH/PRN PUT/ INVSTMT OTHER VOTING VOTING VOTING
ISSUER CLASS (x$1000) PRN AMT CALL DSCRETN MANAGERS AUTHORITY AUTHORITY AUTHORITY
SOLE SHARED NONE
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Advanced COM 00754U101 22,560 2,654,164 SH SOLE 2,654,164 0 0
Radio
Telecom
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
AT&T COM LIB 001957208 1,448 80,730 SH SOLE 80,730 0 0
Corp. GRP A
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Calif.Fed 2nd CONT. 130209703 465 646,674 SOLE 0 0 0
Bank FSB LITIG.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Calif. Fed. CONT. 130209604 691 350,751 SOLE 0 0 0
Bank FSB LITIG. REC.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Cendant COM 151313103 27,731 2,550,000 SH SOLE 2,550,000 0 0
Corp.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Cendant RT PUR 151313111 3,006 476,155 RT SOLE 0 0 0
Corp. PRIDES
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Danaher COM 235851102 46,680 938,300 SH SOLE 938,300 0 0
Corp.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Global PFD CV G3921A126 3,386 39,200 SH SOLE 39,200 0 0
Crossing 6.375%
Ltd.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Golden WT EX 381197136 1,677 1,375,642 WT SOLE 0 0 0
State 000000
Bancorp
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Kerr SB DB CV 492386AP2 1,243 1,000,000 PRN SOLE 0 0 0
McGee 5.25% 10
Corp.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Kmart Fing PFD TR CV 498778208 808 25,975 SH SOLE 25,975 0 0
7.75%
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
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------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MCI COM 55268B106 2,141 70,500 SH SOLE 70,500 0 0
Worldcom
Inc.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
National CAP UTS 632525309 30 1,190 SH SOLE 1,190 0 0
Australia EXCHBL
Bank Ltd.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Nextel CLA 65332V103 96,771 2,069,972 SH SOLE 2,069,972 0 0
Commun.
Inc.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
PSI Net PFD CV 6.75 74437C309 905 37,300 SH SOLE 37,300 0 0
Inc.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Qwest COM 749121109 1,971 41,000 SH SOLE 41,000 0 0
Commun.
Inc.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Stmicro- SB LYON 861012AB8 2,171 1,665,000 PRN SOLE 0 0 0
electronics Zero 09
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
WinStar COM 975515107 62,296 4,051,783 SH SOLE 4,051,783 0 0
Commun.
Inc.
------------ ------------ ---------- --------- ---------- ---------- ---------- ---------- --------- ---------- ---------- ---------
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