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

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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
3M Company COM 88579y101 2,489 17,565 SH   SOLE   17,565 0 0
AFLAC, Inc. COM 001055102 227 3,895 SH   SOLE   3,895 0 0
AT&T Inc. COM 00206r102 2,383 67,622 SH   SOLE   67,622 0 0
Air Products and Chemicals, In COM 009158106 1,659 12,747 SH   SOLE   12,747 0 0
American Express Co. COM 025816109 14,952 170,801 SH   SOLE 1 123,201 0 47,600
Amper SA madrid ORD F COM e04600198 122 155,304 SH   SOLE   155,304 0 0
Apache COM 037411105 1,173 12,493 SH   SOLE   12,493 0 0
Apple Computer COM 037833100 381 3,782 SH   SOLE   3,782 0 0
BB&T Corporation COM 054937107 25,830 694,176 SH   SOLE 1 463,176 0 231,000
Berkshire Hathaway - Class B COM 084670702 257 1,863 SH   SOLE   1,863 0 0
CVS Health Corp. COM 126650100 20,564 258,378 SH   SOLE 1 174,878 0 83,500
Capital One Financial Corp. COM 14040h105 24,853 304,502 SH   SOLE 1 190,702 0 113,800
Caterpillar Inc. COM 149123101 17,954 181,299 SH   SOLE 1 111,599 0 69,700
Chevron Corp. COM 166764100 24,046 201,525 SH   SOLE 1 136,175 0 65,350
Cisco Systems Inc COM 17275R102 24,735 982,701 SH   SOLE 1 621,001 0 361,700
Coca-Cola Co. COM 191216100 15,281 358,215 SH   SOLE 1 246,615 0 111,600
Comcast Corp. - Special Class COM 20030N200 3,890 72,710 SH   SOLE   72,710 0 0
Compugen Ltd COM M25722105 703 82,000 SH   SOLE   82,000 0 0
ConocoPhillips COM 20825c104 21,710 283,721 SH   SOLE 1 186,421 0 97,300
Consolidated Edison, Inc. COM 209115104 2,911 51,373 SH   SOLE   51,373 0 0
Devon Energy Co. COM 25179m103 23,530 345,120 SH   SOLE 1 211,420 0 133,700
Duke Energy Corporation COM 26441c204 3,166 42,344 SH   SOLE   42,344 0 0
E.I. duPont de Nemours & Co. COM 263534109 25,271 352,163 SH   SOLE 1 241,063 0 111,100
Eaton Corp. PLC F COM G29183103 25,848 407,890 SH   SOLE 1 274,590 0 133,300
Exxon Mobil Corporation COM 30231g102 4,951 52,639 SH   SOLE   52,639 0 0
General Electric Co. COM 369604103 5,069 197,864 SH   SOLE   197,864 0 0
General Mills COM 370334104 2,688 53,286 SH   SOLE   53,286 0 0
Gilead Sciences Inc. COM 375558103 4,589 43,106 SH   SOLE 1 29,206 0 13,900
Hewlett-Packard Co. COM 428236103 17,494 493,203 SH   SOLE 1 266,403 0 226,800
Hologic Inc. COM 436440101 22,520 925,620 SH   SOLE 1 542,120 0 383,500
International Business Machine COM 459200101 4,407 23,217 SH   SOLE   23,217 0 0
Itracker System, Inc. COM 46573A107 0 110,000 SH   SOLE   110,000 0 0
J. P. Morgan Chase & Co. COM 46625H100 35,207 584,440 SH   SOLE 1 403,540 0 180,900
Johnson & Johnson COM 478160104 28,355 266,022 SH   SOLE 1 188,222 0 77,800
Johnson Controls Inc. COM 478366107 16,836 382,636 SH   SOLE 1 226,136 0 156,500
Kellogg Company COM 487836108 1,153 18,722 SH   SOLE   18,722 0 0
Kimberly-Clark Corp. COM 494368103 2,886 26,826 SH   SOLE   26,826 0 0
McDonald's Corp. COM 580135101 20,027 211,235 SH   SOLE 1 142,135 0 69,100
Merck & Co., Inc. COM 58933Y105 4,108 69,293 SH   SOLE   69,293 0 0
MetLife Inc. COM 59156r108 27,623 514,205 SH   SOLE 1 329,505 0 184,700
Microsoft Corporation COM 594918104 28,558 616,003 SH   SOLE 1 399,503 0 216,500
Morgan Stanley COM 617446448 23,541 680,953 SH   SOLE 1 473,153 0 207,800
Occidental Petroleum COM 674599105 25,621 266,466 SH   SOLE 1 170,566 0 95,900
Oracle Corp. COM 68389X105 1,716 44,815 SH   SOLE   44,815 0 0
Pepsico, Inc. COM 713448108 19,911 213,891 SH   SOLE 1 143,891 0 70,000
Pfizer Inc. COM 717081103 3,217 108,781 SH   SOLE   108,781 0 0
Procter & Gamble Co. COM 742718109 28,018 334,581 SH   SOLE 1 226,881 0 107,700
Psivida Corp COM 74440J101 133 30,000 SH   SOLE   30,000 0 0
Qualcomm COM 747525103 23,714 317,161 SH   SOLE 1 198,761 0 118,400
Royal Dutch Shell PLC CL B COM 780259107 3,741 47,279 SH   SOLE   47,279 0 0
Schlumberger Ltd. COM 806857108 27,137 266,863 SH   SOLE 1 174,563 0 92,300
Schwab (Charles) Corp COM 808513105 7,495 255,013 SH   SOLE 1 151,513 0 103,500
Senesco Technologies Inc COM 81834Q104 34 21,089 SH   SOLE   21,089 0 0
Sorrento Therapeutics COM 83587F202 105 23,128 SH   SOLE   23,128 0 0
Southern Co. COM 842587107 1,655 37,926 SH   SOLE   37,926 0 0
Southwestern Energy Company COM 845467109 1,416 40,505 SH   SOLE   40,505 0 0
State Street Corp. COM 857477103 23,565 320,136 SH   SOLE 1 186,736 0 133,400
Symantec Corp. COM 871503108 8,467 360,134 SH   SOLE 1 210,634 0 149,500
TE Connectivity Ltd. COM H84989104 20,913 378,234 SH   SOLE 1 230,434 0 147,800
Target Corp COM 87612e106 4,413 70,399 SH   SOLE   70,399 0 0
Teradata Corp. COM 88076w103 8,175 195,011 SH   SOLE 1 109,511 0 85,500
Teva Pharma Inds ADR COM 881624209 19,536 363,462 SH   SOLE 1 212,562 0 150,900
Thermo Fisher Scientific COM 883556102 20,973 172,335 SH   SOLE 1 115,535 0 56,800
Tiger X Medical Inc. COM 88677A104 29 226,071 SH   SOLE   226,071 0 0
Time Warner Inc COM 887317303 3,964 52,708 SH   SOLE   52,708 0 0
Trunity Holdings, Inc. COM 898183108 21 142,828 SH   SOLE   142,828 0 0
Unilever PLC - Sponsored ADR COM 904767704 2,336 55,743 SH   SOLE   55,743 0 0
United Parcel Service -Cl B COM 911312106 3,949 40,175 SH   SOLE   40,175 0 0
United Tech. Corp. COM 913017109 2,792 26,437 SH   SOLE   26,437 0 0
Verizon Communications COM 92343v104 3,442 68,863 SH   SOLE   68,863 0 0
Wal-Mart Stores Inc. COM 931142103 459 6,000 SH   SOLE   6,000 0 0
Wells Fargo and Company COM 949746101 33,583 647,453 SH   SOLE 1 443,453 0 204,000
Winston Pharmaceuticals COM 975657107 0 10,115 SH   SOLE   10,115 0 0
Zimmer Holdings Inc. COM 98956P102 24,436 243,021 SH   SOLE 1 152,821 0 90,200
Cyclone Power Technologies, Inc COM 23254W104 0 25,000 SH   SOLE   25,000 0 0
Enviornmental Energy Service COM 29406q101 0 10,000 SH   SOLE   10,000 0 0
Standard & Poor's 400 Mid-Cap COM 78467Y107 305 1,223 SH   SOLE   1,223 0 0
JPMorgan Alerian MLP Index COM 46625h365 294 5,540 SH   SOLE   5,540 0 0
SPDR Series Trust S&P Dividend COM 78464A763 233 3,115 SH   SOLE   3,115 0 0