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
3M Company COM 88579y101 298 1,700 SH   SOLE   1,700 0 0
AFLAC, Inc. COM 001055102 281 3,895 SH   SOLE   3,895 0 0
AT&T Inc. COM 00206r102 5,029 116,392 SH   SOLE   116,392 0 0
Abbvie Inc COM 00287y109 8,449 136,470 SH   SOLE   131,470 0 5,000
Alphabet Inc. Class C COM 02079K107 3,341 4,827 SH   SOLE   4,377 0 450
American Express Co. COM 025816109 7,468 122,917 SH   SOLE   112,617 0 10,300
Amper SA madrid ORD F COM e04600198 14 155,304 SH   SOLE   155,304 0 0
Apple Computer COM 037833100 3,968 41,506 SH   SOLE   38,206 0 3,300
BB&T Corporation COM 054937107 10,604 297,783 SH   SOLE   283,783 0 14,000
Berkshire Hathaway - Class B COM 084670702 276 1,904 SH   SOLE   1,904 0 0
CVS Health Corp. COM 126650100 9,732 101,655 SH   SOLE   93,855 0 7,800
Capital One Financial Corp. COM 14040h105 10,765 169,500 SH   SOLE   156,300 0 13,200
Caterpillar Inc. COM 149123101 9,460 124,781 SH   SOLE   114,481 0 10,300
Chevron Corp. COM 166764100 14,715 140,371 SH   SOLE   133,021 0 7,350
Chubb Corp. (ACE) COM H1467J104 5,979 45,746 SH   SOLE   42,746 0 3,000
Cinedigm Corp COM 172406100 15 12,365 SH   SOLE   12,365 0 0
Cisco Systems Inc COM 17275R102 17,015 593,081 SH   SOLE   558,081 0 35,000
Coca-Cola Co. COM 191216100 1,803 39,775 SH   SOLE   39,775 0 0
Colgate Palmolive Co COM 194162103 203 2,775 SH   SOLE   2,775 0 0
Comcast Corp - Cl A COM 20030n101 546 8,373 SH   SOLE   8,373 0 0
Compugen Ltd COM M25722105 554 85,500 SH   SOLE   85,500 0 0
ConocoPhillips COM 20825c104 7,065 162,037 SH   SOLE   151,237 0 10,800
Devon Energy Co. COM 25179m103 8,396 231,608 SH   SOLE   215,608 0 16,000
Eaton Corp. PLC F COM G29183103 17,260 288,972 SH   SOLE   272,572 0 16,400
Exxon Mobil Corporation COM 30231g102 5,510 58,784 SH   SOLE   58,784 0 0
General Electric Co. COM 369604103 3,014 95,744 SH   SOLE   95,744 0 0
General Mills COM 370334104 4,769 66,868 SH   SOLE   66,868 0 0
Gilead Sciences Inc. COM 375558103 12,996 155,785 SH   SOLE   143,585 0 12,200
HP Inc. COM 40434L105 4,574 364,478 SH   SOLE   335,478 0 29,000
Harley-Davidson Inc. COM 412822108 7,652 168,916 SH   SOLE   156,616 0 12,300
Hewlett Packard Enterprise COM 42824c109 5,417 296,524 SH   SOLE   267,524 0 29,000
Honeywell International COM 438516106 251 2,160 SH   SOLE   2,160 0 0
International Business Machine COM 459200101 2,482 16,354 SH   SOLE   16,354 0 0
J. P. Morgan Chase & Co. COM 46625H100 21,577 347,232 SH   SOLE   326,832 0 20,400
Johnson & Johnson COM 478160104 5,053 41,656 SH   SOLE   41,656 0 0
Johnson Controls Inc. COM 478366107 13,632 308,007 SH   SOLE   282,207 0 25,800
Kimberly-Clark Corp. COM 494368103 4,724 34,360 SH   SOLE   34,360 0 0
McDonald's Corp. COM 580135101 3,704 30,780 SH   SOLE   30,780 0 0
Merck & Co., Inc. COM 58933Y105 5,941 103,122 SH   SOLE   103,122 0 0
MetLife Inc. COM 59156r108 16,059 403,195 SH   SOLE   382,495 0 20,700
Microsoft Corporation COM 594918104 18,508 361,701 SH   SOLE   341,501 0 20,200
Mondelez International Inc. COM 609207105 215 4,724 SH   SOLE   4,724 0 0
Morgan Stanley COM 617446448 10,575 407,053 SH   SOLE   372,053 0 35,000
Occidental Petroleum COM 674599105 11,630 153,919 SH   SOLE   142,019 0 11,900
Pepsico, Inc. COM 713448108 12,776 120,598 SH   SOLE   112,898 0 7,700
Pfizer Inc. COM 717081103 5,567 158,110 SH   SOLE   158,110 0 0
Procter & Gamble Co. COM 742718109 18,464 218,073 SH   SOLE   205,173 0 12,900
Psivida Corp COM 74440J101 86 30,500 SH   SOLE   30,500 0 0
Qualcomm COM 747525103 14,674 273,927 SH   SOLE   255,927 0 18,000
Royal Dutch Shell PLC CL B COM 780259107 4,917 87,800 SH   SOLE   87,800 0 0
Schlumberger Ltd. COM 806857108 12,558 158,801 SH   SOLE   146,801 0 12,000
Schwab (Charles) Corp COM 808513105 9,178 362,630 SH   SOLE   330,630 0 32,000
Sevion Therapeutics COM 81834q104 4 20,000 SH   SOLE   20,000 0 0
Sorrento Therapeutics COM 83587F202 130 23,128 SH   SOLE   23,128 0 0
State Street Corp. COM 857477103 9,420 174,697 SH   SOLE   161,297 0 13,400
Symantec Corp. COM 871503108 9,199 447,869 SH   SOLE   409,869 0 38,000
TE Connectivity Ltd. COM H84989104 13,170 230,607 SH   SOLE   213,107 0 17,500
Target Corp COM 87612e106 4,117 58,962 SH   SOLE   58,962 0 0
Teva Pharma Inds ADR COM 881624209 11,828 235,472 SH   SOLE   218,472 0 17,000
The Kraft Heinz Company COM 500754106 251 2,838 SH   SOLE   2,838 0 0
Thermo Fisher Scientific COM 883556102 11,312 76,557 SH   SOLE   69,757 0 6,800
Tiger X Medical Inc. COM 88677A104 34 226,071 SH   SOLE   226,071 0 0
Unilever PLC - Sponsored ADR COM 904767704 3,447 71,950 SH   SOLE   71,950 0 0
United Parcel Service -Cl B COM 911312106 4,426 41,084 SH   SOLE   41,084 0 0
United Tech. Corp. COM 913017109 15,135 147,583 SH   SOLE   138,133 0 9,450
Verizon Communications COM 92343v104 6,015 107,718 SH   SOLE   107,718 0 0
Viacom Inc. Class B COM 92553p201 8,753 211,080 SH   SOLE   193,480 0 17,600
Wal-Mart Stores Inc. COM 931142103 393 5,380 SH   SOLE   5,380 0 0
Waste Management Inc. COM 94106l109 239 3,600 SH   SOLE   3,600 0 0
Wells Fargo and Company COM 949746101 20,873 441,005 SH   SOLE   417,005 0 24,000
Zimmer Biomet Holdings, Inc. COM 98956P102 13,940 115,803 SH   SOLE   106,503 0 9,300
Enviornmental Energy Service COM 29406q101 0 10,000 SH   SOLE   10,000 0 0
Standard & Poor's 400 Mid-Cap COM 78467Y107 600 2,205 SH   SOLE   2,205 0 0
iShares Russell 2000 Index Fun COM 464287655 309 2,689 SH   SOLE   2,689 0 0
Comdisco Holding Company, Inc. COM 200334118 1 11,500 SH   SOLE   11,500 0 0
iShares MSCI EAFE Growth ETF COM 464288885 449 6,870 SH   SOLE   6,870 0 0