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
ABBOTT LABORATORIES COM 002824100 2,617 53,313 SH   SOLE   53,313 0 0
ABBVIE INC. COM 00287Y109 5,650 84,093 SH   SOLE   84,093 0 0
AGNICO-EAGLE MINES LTD COM 008474108 599 21,100 SH   SOLE   21,100 0 0
ALCOA COM 013817101 1,090 97,800 SH   SOLE   97,800 0 0
ALKERMES PLC. COM G01767105 3,831 59,543 SH   SOLE   59,543 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 6,158 51,370 SH   SOLE   51,370 0 0
AMERICAN WATER WORKS CO INC COM 030420103 2,464 50,670 SH   SOLE   50,670 0 0
AMGEN INC COM 031162100 651 4,240 SH   SOLE   4,240 0 0
ANADARKO PETROLEUM CORP. COM 032511107 624 8,000 SH   SOLE   8,000 0 0
ANALOG DEVICES INC COM 032654105 1,069 16,660 SH   SOLE   16,660 0 0
APPLE COMPUTER INC COM 037833100 6,966 55,543 SH   SOLE   55,543 0 0
AT&T COM 00206R102 2,298 64,690 SH   SOLE   64,690 0 0
AUTOMATIC DATA PROCESSING COM 053015103 519 6,463 SH   SOLE   6,463 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 124 42,000 SH   SOLE   42,000 0 0
BANK OF AMERICA CORP. COM 060505104 1,485 87,255 SH   SOLE   87,255 0 0
BP PLC ADR COM 055622104 429 10,736 SH   SOLE   10,736 0 0
BRISTOL MEYERS SQUIBB COM 110122108 13,994 210,311 SH   SOLE   210,311 0 0
CARLYLE GROUP COM 14309L102 949 33,697 SH   SOLE   33,697 0 0
CATERPILLAR INC. COM 149123101 1,111 13,094 SH   SOLE   13,094 0 0
CELGENE CORPORATION COM 151020104 6,846 59,154 SH   SOLE   59,154 0 0
CISCO SYSTEMS INC COM 17275R102 6,663 242,660 SH   SOLE   242,660 0 0
CITIZENS FINANCIAL GROUP COM 174610105 1,091 39,945 SH   SOLE   39,945 0 0
CLEAN HARBORS INC COM 184496107 3,862 71,857 SH   SOLE   71,857 0 0
COCA COLA CO COM 191216100 4,296 109,511 SH   SOLE   109,511 0 0
COLONY FINANCIAL INC. COM 19624R106 2,223 98,150 SH   SOLE   98,150 0 0
COMCAST CORP COM 20030N101 4,281 71,191 SH   SOLE   71,191 0 0
CORNING INC. COM 219350105 5,379 272,620 SH   SOLE   272,620 0 0
CVS HEALTH COM 126650100 5,163 49,225 SH   SOLE   49,225 0 0
DANAHER CORP COM 235851102 3,196 37,336 SH   SOLE   37,336 0 0
DEERE & CO. COM 244199105 3,216 33,136 SH   SOLE   33,136 0 0
DUKE ENERGY COM 26441C204 241 3,412 SH   SOLE   3,412 0 0
ELI LILLY & CO COM 532457108 5,020 60,123 SH   SOLE   60,123 0 0
EMC CORP-MASS COM 268648102 3,763 142,580 SH   SOLE   142,580 0 0
EMERSON ELECTRIC CO. COM 291011104 3,950 71,262 SH   SOLE   71,262 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 464 15,524 SH   SOLE   15,524 0 0
EOG RESOURCES INC. COM 26875P101 8,130 92,860 SH   SOLE   92,860 0 0
EXXON MOBIL CORP COM 30231G102 2,757 33,135 SH   SOLE   33,135 0 0
FIREEYE, INC. COM 31816Q101 2,251 46,020 SH   SOLE   46,020 0 0
FLUOR CORP COM 343412102 1,904 35,915 SH   SOLE   35,915 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 62 12,500 SH   SOLE   12,500 0 0
GENERAL ELECTRIC CO COM 369604103 7,543 283,877 SH   SOLE   283,877 0 0
GILEAD SCIENCES COM 375558103 1,749 14,940 SH   SOLE   14,940 0 0
GOODYEAR TIRE & RUBBER COMPANY COM 382550101 1,980 65,680 SH   SOLE   65,680 0 0
GOOGLE INC - CL A COM 38259P508 412 762 SH   SOLE   762 0 0
GOOGLE INC - CL C COM 38259P706 396 762 SH   SOLE   762 0 0
HERSHEY FOODS CORP. COM 427866108 622 7,000 SH   SOLE   7,000 0 0
IMAX CORP COM 45245E109 6,054 150,340 SH   SOLE   150,340 0 0
INFINITE GROUP - RESTRICTED COM 456910306 1 12,500 SH   SOLE   12,500 0 0
INFINITY PHARMACEUTICALS, INC. COM 45665G303 578 52,830 SH   SOLE   52,830 0 0
INTEL CORP COM 458140100 2,503 82,308 SH   SOLE   82,308 0 0
INTL BUSINESS MACHINES CORP COM 459200101 3,110 19,118 SH   SOLE   19,118 0 0
JOHNSON & JOHNSON COM 478160104 8,305 85,219 SH   SOLE   85,219 0 0
JPMORGAN CHASE & CO. COM 46625H100 11,173 164,897 SH   SOLE   164,897 0 0
LEAR CORP COM 521865204 10,739 95,658 SH   SOLE   95,658 0 0
LEVEL 3 COMMUNICATIONS INC. COM 52729N308 1,481 28,120 SH   SOLE   28,120 0 0
LKQ CORP COM COM 501889208 2,640 87,280 SH   SOLE   87,280 0 0
MEDTRONIC PLC. COM G5960L103 5,022 67,772 SH   SOLE   67,772 0 0
MERCK & CO COM 58933Y105 2,232 39,210 SH   SOLE   39,210 0 0
MONSANTO CORP COM 61166W101 9,723 91,217 SH   SOLE   91,217 0 0
MORGAN STANLEY COM 617446448 8,292 213,768 SH   SOLE   213,768 0 0
NEWFIELD EXPLORATION CO COM 651290108 241 6,680 SH   SOLE   6,680 0 0
NOVARTIS AG-ADR COM 66987V109 8,884 90,337 SH   SOLE   90,337 0 0
NUCOR CORP COM 670346105 4,169 94,589 SH   SOLE   94,589 0 0
OCCIDENTAL PETROLEUM CORP. COM 674599105 1,680 21,606 SH   SOLE   21,606 0 0
PEPSICO INC COM 713448108 264 2,830 SH   SOLE   2,830 0 0
PFIZER INC COM 717081103 9,162 273,241 SH   SOLE   273,241 0 0
PROCTOR & GAMBLE COM 742718109 3,650 46,656 SH   SOLE   46,656 0 0
QUESTAR CORP COM 748356102 722 34,520 SH   SOLE   34,520 0 0
RACKSPACE HOSTING INC COM 750086100 755 20,310 SH   SOLE   20,310 0 0
RAYTHEON CO. NEW COM 755111507 240 2,510 SH   SOLE   2,510 0 0
SCHLUMBERGER LTD COM 806857108 6,636 76,990 SH   SOLE   76,990 0 0
STARBUCKS CORP COM 855244109 12,420 231,650 SH   SOLE   231,650 0 0
SUNTRUST BKS INC COM COM 867914103 7,152 166,251 SH   SOLE   166,251 0 0
SYSCO CORP COM 871829107 614 17,000 SH   SOLE   17,000 0 0
TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 551 20,000 SH   SOLE   20,000 0 0
TEARLAB CORP COM 878193101 354 175,419 SH   SOLE   175,419 0 0
THERMO FISHER SCIENTIFIC INC. COM 883556102 11,513 88,728 SH   SOLE   88,728 0 0
TRAVELERS COMPANIES, INC COM 89417E109 3,921 40,560 SH   SOLE   40,560 0 0
TRC COMPANIES INC. COM 872625108 122 12,000 SH   SOLE   12,000 0 0
UNITED TECHNOLOGIES INC. COM 913017109 4,360 39,303 SH   SOLE   39,303 0 0
VERIZON COMMUNICATIONS COM 92343V104 628 13,466 SH   SOLE   13,466 0 0
WAL-MART STORES INC COM 931142103 382 5,380 SH   SOLE   5,380 0 0
WALT DISNEY COMPANY COM 254687106 6,760 59,222 SH   SOLE   59,222 0 0