The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M COMPANY COM 604059105 218 1,415 SH   SOLE   1,415 0 0
ABBOTT LABS COM 002824100 330 6,717 SH   SOLE   6,717 0 0
ABBVIE, INC. COM 00287Y109 424 6,314 SH   SOLE   6,314 0 0
ACUITY BRANDS COM 00508Y102 13,651 75,850 SH   SOLE   75,850 0 0
ADOBE SYSTEMS COM 00724F101 11,476 141,656 SH   SOLE   141,656 0 0
AMERICAN ELEC PWR COM 025537101 216 4,080 SH   SOLE   4,080 0 0
APPLE COMPUTER COM 037833100 962 7,669 SH   SOLE   7,669 0 0
AT&T COM 00206R102 1,033 29,086 SH   SOLE   29,086 0 0
BANCORPSOUTH COM 059692103 627 24,323 SH   SOLE   24,323 0 0
BANK OF AMERICA COM 060505104 452 26,585 SH   SOLE   26,585 0 0
BANK OF THE OZARKS COM 063904106 282 6,170 SH   SOLE   6,170 0 0
CHEVRONTEXACO COM 166751107 360 3,731 SH   SOLE   3,731 0 0
CISCO SYSTEMS COM 17275R102 10,112 368,233 SH   SOLE   368,233 0 0
COCA COLA COM 191216100 629 16,042 SH   SOLE   16,042 0 0
COMMUNICATIONS SALES & LEASING COM 20341J104 292 11,816 SH   SOLE   11,816 0 0
CONVERGYS GROUP COM 212485106 9,940 389,967 SH   SOLE   389,967 0 0
CULLEN/FROST COM 229899109 10,155 129,226 SH   SOLE   129,226 0 0
CVS CAREMARK COM 126650100 13,205 125,910 SH   SOLE   125,910 0 0
DANAHER COM 235851102 219 2,555 SH   SOLE   2,555 0 0
ELECTRONIC ARTS COM 285512109 15,352 230,855 SH   SOLE   230,855 0 0
EMC COM 268648102 9,542 361,559 SH   SOLE   361,559 0 0
ENTERGY COM 29364G103 205 2,913 SH   SOLE   2,913 0 0
EVOLUCIA INC. COM 30049B105 0 82,000 SH   SOLE   82,000 0 0
EXXON MOBIL COM 302290101 8,795 105,710 SH   SOLE   105,710 0 0
GENERAL ELECTRIC COM 369604103 10,612 399,390 SH   SOLE   399,390 0 0
HALLIBURTON COM 406216101 396 9,194 SH   SOLE   9,194 0 0
HOME BANCSHARES COM 436893101 550 15,041 SH   SOLE   15,041 0 0
ILLINOIS TOOL COM 452308109 10,082 109,837 SH   SOLE   109,837 0 0
J B HUNT COM 445658107 466 5,675 SH   SOLE   5,675 0 0
JACOBS ENGINEERG COM 469814107 8,885 218,731 SH   SOLE   218,731 0 0
JARDEN COM 471109108 12,788 247,107 SH   SOLE   247,107 0 0
JOHNSON & JOHNSON COM 478160104 282 2,892 SH   SOLE   2,892 0 0
JOHNSON CONTRLS COM 478366107 10,722 216,483 SH   SOLE   216,483 0 0
KIMBERLY CLARK COM 494368103 1,056 9,961 SH   SOLE   9,961 0 0
LAZARD LTD-CL A COM 021260622 11,988 213,165 SH   SOLE   213,165 0 0
MICROSOFT COM 594918104 10,415 235,891 SH   SOLE   235,891 0 0
NIKE CLASS B COM 654106103 11,653 107,879 SH   SOLE   107,879 0 0
NMC COM 629196106 0 100,000 SH   SOLE   100,000 0 0
NXP SEMICONDUCTORS COM N6596X109 11,798 120,142 SH   SOLE   120,142 0 0
QUALCOMM COM 747525103 8,341 133,177 SH   SOLE   133,177 0 0
REGIONS FINL COM 7591EP100 1,220 117,753 SH   SOLE   117,753 0 0
SCHLUMBERGER COM 806857108 9,503 110,256 SH   SOLE   110,256 0 0
SM ENERGY CO. COM 78454L100 2,225 48,238 SH   SOLE   48,238 0 0
SOUTHERN CO. COM 842587107 201 4,800 SH   SOLE   4,800 0 0
SOUTHWESTERN ENERGY COM 845467109 498 21,890 SH   SOLE   21,890 0 0
TARGET COM 87612E106 11,322 138,694 SH   SOLE   138,694 0 0
THERMO FISHER COM 883556102 11,455 88,281 SH   SOLE   88,281 0 0
TRIUMPH GROUP COM 896818101 9,534 144,472 SH   SOLE   144,472 0 0
TYSON FOODS COM 902494103 1,675 39,280 SH   SOLE   39,280 0 0
UNITED PARCEL SERVICE COM 911312106 9,484 97,864 SH   SOLE   97,864 0 0
VECTREN COM 92240G101 462 12,000 SH   SOLE   12,000 0 0
VERIZON COM 92343V104 246 5,286 SH   SOLE   5,286 0 0
WALMART COM 931142103 6,665 93,966 SH   SOLE   93,966 0 0
WALT DISNEY COM 254687106 12,797 112,121 SH   SOLE   112,121 0 0
AMERICAN FUNDAMENTAL INVESTORS MFD 360802102 268 5,085 SH   SOLE   5,085 0 0
SCHWAB S&P 500 SELECT SHARES MFD 808509855 426 13,099 SH   SOLE   13,099 0 0
VANGUARD 500 INDEX FUND - ADMI MFD 922908710 672 3,528 SH   SOLE   3,528 0 0
GUGG S&P 500 EQ WGT HEALTH ETF 78355W841 835 5,232 SH   SOLE   5,232 0 0
MARKET VECTORS BIOTECH ETF ETF 57060U183 303 2,250 SH   SOLE   2,250 0 0
POWERSHARES QQQ ETF 73935A104 507 4,737 SH   SOLE   4,737 0 0
SCHWAB US MID CAP ETF ETF 808524508 5,780 135,545 SH   SOLE   135,545 0 0