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
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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
Apple Computer Inc. COM 037833100 21,676 233,252 SH   SOLE   233,252 0 0
Adobe Systems Inc. COM 00724F101 3,605 49,825 SH   SOLE   49,825 0 0
Allergan Inc. COM 018490102 3,724 22,004 SH   SOLE   22,004 0 0
American International Group COM NEW 026874784 3,456 63,325 SH   SOLE   63,325 0 0
Allstate Corp. COM 020002101 4,109 69,975 SH   SOLE   69,975 0 0
Allegion Plc ORD SHS ADDED G0176J109 2,283 40,273 SH   SOLE   40,273 0 0
Amgen Inc. COM 031162100 4,397 37,150 SH   SOLE   37,150 0 0
Ameriprise Financial Inc. COM 03076C106 2,163 18,025 SH   SOLE   18,025 0 0
Apache Corp. COM 037411105 3,487 34,651 SH   SOLE   34,651 0 0
American Express Co. COM 025816109 5,419 57,123 SH   SOLE   57,123 0 0
Boeing Company COM 097023105 5,910 46,449 SH   SOLE   46,449 0 0
Bank of America Corp. COM 060505104 6,489 422,198 SH   SOLE   422,198 0 0
Baker Hughes Inc. COM 057224107 3,784 50,825 SH   SOLE   50,825 0 0
Blackrock Inc COM 09247X101 4,978 15,576 SH   SOLE   15,576 0 0
Bristol-Myers Squibb COM 110122108 5,184 106,874 SH   SOLE   106,874 0 0
Borg Warner Inc COM 099724106 3,201 49,100 SH   SOLE   49,100 0 0
Citigroup Inc. COM NEW 172967424 5,862 124,462 SH   SOLE   124,462 0 0
Cameron International Corp. COM 13342B105 1,991 29,400 SH   SOLE   29,400 0 0
Caterpillar Inc. COM 149123101 2,858 26,303 SH   SOLE   26,303 0 0
Chubb Corp. COM 171232101 5,044 54,725 SH   SOLE   54,725 0 0
Celgene Corp COM 151020104 4,522 52,650 SH   SOLE   52,650 0 0
Cerner Corp COM 156782104 694 13,450 SH   SOLE   13,450 0 0
Cobalt International Energy Inc. COM 19075F106 1,152 62,775 SH   SOLE   62,775 0 0
Colgate Palmolive Co. COM 194162103 3,849 56,449 SH   SOLE   56,449 0 0
Comcast Corp. Special Class A CL A 20030N200 3,917 73,450 SH   SOLE   73,450 0 0
Cummins Engine Company Inc. COM 231021106 3,121 20,225 SH   SOLE   20,225 0 0
Costamare Inc SHS Y1771G102 2,183 93,618 SH   SOLE   93,618 0 0
ConocoPhillips COM 20825C104 7,984 93,131 SH   SOLE   93,131 0 0
Costco Wholesale Inc. COM 22160K105 3,524 30,600 SH   SOLE   30,600 0 0
Cisco Systems COM 17275R102 9,664 388,910 SH   SOLE   388,910 0 0
Citrix Systems COM 177376100 1,687 26,973 SH   SOLE   26,973 0 0
CVS Corp. COM 126650100 7,859 104,275 SH   SOLE   104,275 0 0
ChevronTexaco Corp. COM 166764100 10,444 80,002 SH   SOLE   80,002 0 0
Dominion Resources Inc. COM 25746U109 2,963 41,424 SH   SOLE   41,424 0 0
Du Pont (EI) De Nemours COM 263534109 6,595 100,777 SH   SOLE   100,777 0 0
Deere & Co. COM 244199105 286 3,164 SH   SOLE   3,164 0 0
D R Horton Inc COM 23331A109 3,560 144,849 SH   SOLE   144,849 0 0
Walt Disney Co. COM 254687106 11,443 133,466 SH   SOLE   133,466 0 0
Dow Chemical Co. COM 260543103 3,821 74,250 SH   SOLE   74,250 0 0
Estee Lauder Companies Class A CL A 518439104 2,976 40,075 SH   SOLE   40,075 0 0
EMC Corp. COM 268648102 2,685 101,930 SH   SOLE   101,930 0 0
Eog Resources COM 26875P101 234 2,000 SH   SOLE   2,000 0 0
Facebook Inc. CL A 30303M102 4,799 71,325 SH   SOLE   71,325 0 0
Twenty-First Century Fox Inc CL A 90130A101 4,497 127,950 SH   SOLE   127,950 0 0
General Electric COM 369604103 11,288 429,524 SH   SOLE   429,524 0 0
Gilead Sciences Inc. COM 375558103 6,287 75,825 SH   SOLE   75,825 0 0
Google Inc. C-Shares ADDED 38259P706 7,564 13,149 SH   SOLE   13,149 0 0
Google Inc. CL A 38259P508 2,426 4,149 SH   SOLE   4,149 0 0
Goldman Sachs Group Inc. COM 38141G104 205 1,225 SH   SOLE   1,225 0 0
Halliburton Co. COM 406216101 9,144 128,775 SH   SOLE   128,775 0 0
Home Depot COM 437076102 9,601 118,586 SH   SOLE   118,586 0 0
Honeywell International COM 438516106 7,794 83,847 SH   SOLE   83,847 0 0
Hewlett-Packard COM 428236103 3,989 118,450 SH   SOLE   118,450 0 0
Hershey Foods Corp. COM 427866108 2,113 21,700 SH   SOLE   21,700 0 0
Humana Inc. COM 444859102 2,104 16,475 SH   SOLE   16,475 0 0
International Business Machines COM 459200101 1,266 6,985 SH   SOLE   6,985 0 0
Intel Corp. COM 458140100 9,908 320,653 SH   SOLE   320,653 0 0
Johnson & Johnson COM 478160104 13,410 128,182 SH   SOLE   128,182 0 0
JP Morgan Chase & Company COM 46625H100 13,538 234,959 SH   SOLE   234,959 0 0
Coca Cola Co. COM 191216100 5,857 138,274 SH   SOLE   138,274 0 0
L Brands Inc COM 501797104 2,236 38,125 SH   SOLE   38,125 0 0
Lockheed Martin Inc. COM 539830109 8,992 55,947 SH   SOLE   55,947 0 0
Macy's Inc. COM 55616P104 4,499 77,550 SH   SOLE   77,550 0 0
McDonald's Corp. COM 580135101 7,138 70,855 SH   SOLE   70,855 0 0
McKesson HBOC Inc. COM 58155Q103 2,784 14,950 SH   SOLE   14,950 0 0
Medtronic Inc. COM 585055106 7,916 124,146 SH   SOLE   124,146 0 0
Medivation COM 58501N101 964 12,500 SH   SOLE   12,500 0 0
MetLife Inc. COM 59156R108 6,579 118,415 SH   SOLE   118,415 0 0
Marsh & McLennan COM 571748102 3,725 71,875 SH   SOLE   71,875 0 0
Altria Group Inc. COM 02209S103 9,046 215,689 SH   SOLE   215,689 0 0
Merck & Co. Inc. COM 58933Y105 9,891 170,975 SH   SOLE   170,975 0 0
Morgan Stanley COM NEW 617446448 4,018 124,287 SH   SOLE   124,287 0 0
Microsoft Corp. COM 594918104 15,422 369,831 SH   SOLE   369,831 0 0
Micron Technology Inc. COM 595112103 824 25,000 SH   SOLE   25,000 0 0
Nordic American Offshore Ltd. SHS ADDED Y6366T112 765 40,000 SH   SOLE   40,000 0 0
NextEra Energy Inc. COM 65339F101 7,261 70,850 SH   SOLE   70,850 0 0
Nike Inc. CL B 654106103 4,120 53,125 SH   SOLE   53,125 0 0
Oracle Corp. COM 68389X105 5,846 144,229 SH   SOLE   144,229 0 0
Occidental Petroluem Corp. COM 674599105 3,410 33,225 SH   SOLE   33,225 0 0
PG&E Corp. COM 69331C108 2,585 53,823 SH   SOLE   53,823 0 0
PepsiCo Inc. COM 713448108 9,282 103,892 SH   SOLE   103,892 0 0
Pfizer Inc. COM 717081103 10,754 362,344 SH   SOLE   362,344 0 0
Prudential Financial Inc. COM 744320102 7,191 81,012 SH   SOLE   81,012 0 0
Praxair Inc. COM 74005P104 4,958 37,325 SH   SOLE   37,325 0 0
Qualcomm Inc. COM 747525103 9,413 118,857 SH   SOLE   118,857 0 0
Regeneron Pharmaceut COM 75886F107 1,737 6,150 SH   SOLE   6,150 0 0
Raytheon Company COM NEW 755111507 3,339 36,200 SH   SOLE   36,200 0 0
Safe Bulkers Inc. COM Y7388L103 342 35,025 SH   SOLE   35,025 0 0
Starbucks Corp. COM 855244109 3,930 50,791 SH   SOLE   50,791 0 0
Schlumberger Ltd. COM 806857108 6,914 58,622 SH   SOLE   58,622 0 0
Sandisk Corp COM 80004C101 2,673 25,600 SH   SOLE   25,600 0 0
AT&T Inc. COM 00206R102 6,911 195,450 SH   SOLE   195,450 0 0
T-Mobile US Inc. COM 872590104 1,734 51,575 SH   SOLE   51,575 0 0
The Travelers Companies Inc. COM 89417E109 3,250 34,550 SH   SOLE   34,550 0 0
Time Warner Cable Inc COM 88732J207 8,875 60,249 SH   SOLE   60,249 0 0
United Health Group Inc. COM 91324P102 3,816 46,675 SH   SOLE   46,675 0 0
Unum Group COM 91529Y106 2,769 79,658 SH   SOLE   79,658 0 0
United Parcel Service Class B CL B 911312106 7,561 73,649 SH   SOLE   73,649 0 0
US Bancorp Inc. COM NEW 902973304 297 6,853 SH   SOLE   6,853 0 0
United Technologies Corp. COM 913017109 297 2,575 SH   SOLE   2,575 0 0
Visa Inc-Class A CL A 92826C839 4,604 21,850 SH   SOLE   21,850 0 0
Viacom Inc. Class B CL B 92553P201 277 3,199 SH   SOLE   3,199 0 0
Valero Energy COM 91913Y100 3,314 66,152 SH   SOLE   66,152 0 0
Verizon Communications COM 92343V104 6,221 127,139 SH   SOLE   127,139 0 0
Walgreen Co. COM 931422109 9,235 124,575 SH   SOLE   124,575 0 0
Wisconsin Energy Corp COM 976657106 1,630 34,750 SH   SOLE   34,750 0 0
Wells Fargo & Company COM 949746101 8,429 160,374 SH   SOLE   160,374 0 0
Exxon Mobil Corp. COM 30231G102 8,657 85,986 SH   SOLE   85,986 0 0