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
ABB LTD SPON ADR COM 000375204 4,137 179,732 SH   SOLE   179,732 0 0
ABBOTT LABORATORIES COM 002824100 2,145 52,453 SH   SOLE   52,453 0 0
ABBVIE INC. COM 00287Y109 3,170 56,173 SH   SOLE   56,173 0 0
ALKERMES PLC. COM G01767105 3,214 63,860 SH   SOLE   63,860 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 3,427 54,255 SH   SOLE   54,255 0 0
AMERICAN WATER WORKS CO INC COM 030420103 2,515 50,865 SH   SOLE   50,865 0 0
AMGEN INC COM 031162100 502 4,240 SH   SOLE   4,240 0 0
ANADARKO PETROLEUM CORP. COM 032511107 876 8,000 SH   SOLE   8,000 0 0
ANALOG DEVICES INC COM 032654105 459 8,490 SH   SOLE   8,490 0 0
APACHE CORP. COM 037411105 4,342 43,150 SH   SOLE   43,150 0 0
APPLE COMPUTER INC COM 037833100 5,279 56,804 SH   SOLE   56,804 0 0
AT&T COM 00206R102 1,185 33,511 SH   SOLE   33,511 0 0
AUTOMATIC DATA PROCESSING COM 053015103 513 6,476 SH   SOLE   6,476 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 84 42,000 SH   SOLE   42,000 0 0
AXIALL CORP COM 05463D100 3,970 83,980 SH   SOLE   83,980 0 0
BANK OF AMERICA CORP. COM 060505104 1,390 90,413 SH   SOLE   90,413 0 0
BARRICK GOLD CORP COM 067901108 571 31,220 SH   SOLE   31,220 0 0
BP PLC ADR COM 055622104 300 5,678 SH   SOLE   5,678 0 0
BRISTOL MEYERS SQUIBB COM 110122108 10,461 215,643 SH   SOLE   215,643 0 0
CARLYLE GROUP COM 14309L102 805 23,697 SH   SOLE   23,697 0 0
CATERPILLAR INC. COM 149123101 1,486 13,672 SH   SOLE   13,672 0 0
CELGENE CORPORATION COM 151020104 5,052 58,826 SH   SOLE   58,826 0 0
CISCO SYSTEMS INC COM 17275R102 2,879 115,874 SH   SOLE   115,874 0 0
CLEAN HARBORS INC COM 184496107 4,278 66,590 SH   SOLE   66,590 0 0
COCA COLA CO COM 191216100 4,743 111,970 SH   SOLE   111,970 0 0
COLONY FINANCIAL INC. COM 19624R106 571 24,600 SH   SOLE   24,600 0 0
COMCAST CORP COM 20030N101 3,982 74,188 SH   SOLE   74,188 0 0
CONSOL ENERGY INC. COM 20854P109 1,041 22,590 SH   SOLE   22,590 0 0
CORNING INC. COM 219350105 6,020 274,240 SH   SOLE   274,240 0 0
CVS CORP COM 126650100 3,750 49,760 SH   SOLE   49,760 0 0
DANAHER CORP COM 235851102 2,990 37,980 SH   SOLE   37,980 0 0
DEERE & CO. COM 244199105 3,112 34,370 SH   SOLE   34,370 0 0
DUKE ENERGY COM 26441C204 291 3,924 SH   SOLE   3,924 0 0
ELI LILLY & CO COM 532457108 3,721 59,860 SH   SOLE   59,860 0 0
EMC CORP-MASS COM 268648102 3,860 146,530 SH   SOLE   146,530 0 0
EMERSON ELECTRIC CO. COM 291011104 4,976 74,991 SH   SOLE   74,991 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 770 9,832 SH   SOLE   9,832 0 0
EOG RESOURCES INC. COM 26875P101 3,458 29,588 SH   SOLE   29,588 0 0
EXXON MOBIL CORP COM 30231G102 2,739 27,205 SH   SOLE   27,205 0 0
FLUOR CORP COM 343412102 5,797 75,380 SH   SOLE   75,380 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 73 12,500 SH   SOLE   12,500 0 0
GENERAL ELECTRIC CO COM 369604103 7,235 275,297 SH   SOLE   275,297 0 0
GOODYEAR TIRE & RUBBER COMPANY COM 382550101 3,674 132,240 SH   SOLE   132,240 0 0
GOOGLE INC - CL A COM 38259P508 456 780 SH   SOLE   780 0 0
GOOGLE INC - CL C COM 38259P706 449 780 SH   SOLE   780 0 0
HELMERICH & PAYNE INC. COM 423452101 8,868 76,379 SH   SOLE   76,379 0 0
HERSHEY FOODS CORP. COM 427866108 682 7,000 SH   SOLE   7,000 0 0
INFINITE GROUP - RESTRICTED COM 456910306 1 12,500 SH   SOLE   12,500 0 0
INTEL CORP COM 458140100 2,607 84,381 SH   SOLE   84,381 0 0
INTL BUSINESS MACHINES CORP COM 459200101 4,545 25,073 SH   SOLE   25,073 0 0
JACOBS ENGINEERING GROUP INC. COM 469814107 6,548 122,889 SH   SOLE   122,889 0 0
JOHNSON & JOHNSON COM 478160104 9,177 87,714 SH   SOLE   87,714 0 0
JPMORGAN CHASE & CO. COM 46625H100 9,458 164,150 SH   SOLE   164,150 0 0
LEAR CORP COM 521865204 8,783 98,335 SH   SOLE   98,335 0 0
LEVEL 3 COMMUNICATIONS INC. COM 52729N308 1,235 28,120 SH   SOLE   28,120 0 0
LKQ CORP COM COM 501889208 2,175 81,480 SH   SOLE   81,480 0 0
MEDTRONIC INC. COM 585055106 4,333 67,961 SH   SOLE   67,961 0 0
MERCK & CO COM 58933Y105 2,170 37,510 SH   SOLE   37,510 0 0
MONSANTO CORP COM 61166W101 11,489 92,107 SH   SOLE   92,107 0 0
MORGAN STANLEY COM 617446448 6,587 203,750 SH   SOLE   203,750 0 0
MOSAIC CO COM 61945C103 2,509 50,740 SH   SOLE   50,740 0 0
NOVARTIS AG-ADR COM 66987V109 8,277 91,426 SH   SOLE   91,426 0 0
NUCOR CORP COM 670346105 4,581 93,010 SH   SOLE   93,010 0 0
OCCIDENTAL PETROLEUM CORP. COM 674599105 2,221 21,636 SH   SOLE   21,636 0 0
PEPSICO INC COM 713448108 253 2,830 SH   SOLE   2,830 0 0
PFIZER INC COM 717081103 8,193 276,035 SH   SOLE   276,035 0 0
PROCTOR & GAMBLE COM 742718109 3,022 38,447 SH   SOLE   38,447 0 0
QEP RESOURCES, INC. COM 74733V100 5,338 154,715 SH   SOLE   154,715 0 0
QUESTAR CORP COM 748356102 528 21,310 SH   SOLE   21,310 0 0
RAYTHEON CO. NEW COM 755111507 232 2,510 SH   SOLE   2,510 0 0
SCHLUMBERGER LTD COM 806857108 9,194 77,950 SH   SOLE   77,950 0 0
SONUS NETWORKS COM 835916107 36 10,000 SH   SOLE   10,000 0 0
STARBUCKS CORP COM 855244109 9,068 117,182 SH   SOLE   117,182 0 0
SUNTRUST BKS INC COM COM 867914103 6,473 161,579 SH   SOLE   161,579 0 0
SYSCO CORP COM 871829107 637 17,000 SH   SOLE   17,000 0 0
TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 890 40,000 SH   SOLE   40,000 0 0
TEARLAB CORP COM 878193101 733 150,419 SH   SOLE   150,419 0 0
THE TRAVELERS COMPANIES, INC COM 89417E109 3,614 38,420 SH   SOLE   38,420 0 0
THERMO FISHER SCIENTIFIC INC. COM 883556102 11,610 98,389 SH   SOLE   98,389 0 0
TRC COMPANIES INC. COM 872625108 75 12,000 SH   SOLE   12,000 0 0
UNITED TECHNOLOGIES INC. COM 913017109 4,691 40,634 SH   SOLE   40,634 0 0
VERIZON COMMUNICATIONS COM 92343V104 774 15,825 SH   SOLE   15,825 0 0
WAL-MART STORES INC COM 931142103 404 5,380 SH   SOLE   5,380 0 0
WALT DISNEY COMPANY COM 254687106 5,031 58,677 SH   SOLE   58,677 0 0