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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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
3M Company COM 88579y101 266 1,765 SH   SOLE   1,765 0 0
AFLAC, Inc. COM 001055102 233 3,895 SH   SOLE   3,895 0 0
AT&T Inc. COM 00206r102 3,562 103,506 SH   SOLE   103,506 0 0
Abbvie Inc COM 00287y109 3,634 61,346 SH   SOLE   61,346 0 0
Ace Ltd COM H0023R105 4,415 37,784 SH   SOLE   35,784 0 2,000
American Express Co. COM 025816109 8,722 125,408 SH   SOLE   115,108 0 10,300
Amper SA madrid ORD F COM e04600198 22 155,304 SH   SOLE   155,304 0 0
Anadarko Pertroleum Corp. COM 032511107 2,305 47,454 SH   SOLE   47,454 0 0
Apple Computer COM 037833100 426 4,051 SH   SOLE   4,051 0 0
BB&T Corporation COM 054937107 16,088 425,496 SH   SOLE   399,496 0 26,000
Berkshire Hathaway - Class B COM 084670702 261 1,978 SH   SOLE   1,978 0 0
Boeing Corp. COM 097023105 245 1,694 SH   SOLE   1,694 0 0
CVS Health Corp. COM 126650100 10,493 107,323 SH   SOLE   99,523 0 7,800
California Resources Corp. COM 13057Q107 91 38,931 SH   SOLE   34,571 0 4,360
Capital One Financial Corp. COM 14040h105 12,390 171,653 SH   SOLE   158,853 0 12,800
Caterpillar Inc. COM 149123101 8,935 131,478 SH   SOLE   121,178 0 10,300
Chemours Company COM 163851108 69 12,797 SH   SOLE   11,157 0 1,640
Chevron Corp. COM 166764100 13,204 146,773 SH   SOLE   139,423 0 7,350
Cinedigm Corp COM 172406100 32 123,653 SH   SOLE   123,653 0 0
Cisco Systems Inc COM 17275R102 16,295 600,057 SH   SOLE   565,057 0 35,000
Coca-Cola Co. COM 191216100 1,802 41,950 SH   SOLE   41,950 0 0
Comcast Corp - Cl A COM 20030n101 511 9,048 SH   SOLE   9,048 0 0
Compugen Ltd COM M25722105 546 85,500 SH   SOLE   85,500 0 0
ConocoPhillips COM 20825c104 10,508 225,054 SH   SOLE   214,254 0 10,800
Devon Energy Co. COM 25179m103 5,073 158,540 SH   SOLE   142,540 0 16,000
Duke Energy Corporation COM 26441c204 3,791 53,109 SH   SOLE   53,109 0 0
E.I. duPont de Nemours & Co. COM 263534109 546 8,195 SH   SOLE   8,195 0 0
Eaton Corp. PLC F COM G29183103 14,653 281,580 SH   SOLE   265,580 0 16,000
Exxon Mobil Corporation COM 30231g102 2,508 32,180 SH   SOLE   32,180 0 0
General Electric Co. COM 369604103 5,051 162,147 SH   SOLE   162,147 0 0
General Mills COM 370334104 3,751 65,053 SH   SOLE   65,053 0 0
Gilead Sciences Inc. COM 375558103 12,268 121,241 SH   SOLE   112,041 0 9,200
HP Inc. COM 40434L105 4,440 375,037 SH   SOLE   346,037 0 29,000
Harley-Davidson Inc. COM 412822108 4,659 102,653 SH   SOLE   92,153 0 10,500
Hewlett Packard Enterprise COM 42824c109 4,789 315,049 SH   SOLE   286,049 0 29,000
Honeywell International COM 438516106 256 2,471 SH   SOLE   2,471 0 0
International Business Machine COM 459200101 2,112 15,345 SH   SOLE   15,345 0 0
Itracker System, Inc. COM 46573A107 0 110,000 SH   SOLE   110,000 0 0
J. P. Morgan Chase & Co. COM 46625H100 23,586 357,196 SH   SOLE   336,796 0 20,400
Johnson & Johnson COM 478160104 17,955 174,800 SH   SOLE   166,300 0 8,500
Johnson Controls Inc. COM 478366107 11,235 284,507 SH   SOLE   263,507 0 21,000
Kimberly-Clark Corp. COM 494368103 4,177 32,811 SH   SOLE   32,811 0 0
McDonald's Corp. COM 580135101 14,825 125,488 SH   SOLE   118,288 0 7,200
Merck & Co., Inc. COM 58933Y105 4,752 89,969 SH   SOLE   89,969 0 0
MetLife Inc. COM 59156r108 18,296 379,505 SH   SOLE   358,805 0 20,700
Microsoft Corporation COM 594918104 19,341 348,615 SH   SOLE   330,715 0 17,900
Mondelez International Inc. COM 609207105 212 4,724 SH   SOLE   4,724 0 0
Morgan Stanley COM 617446448 12,021 377,905 SH   SOLE   350,105 0 27,800
Occidental Petroleum COM 674599105 10,730 158,704 SH   SOLE   146,804 0 11,900
Pepsico, Inc. COM 713448108 12,761 127,712 SH   SOLE   120,012 0 7,700
Pfizer Inc. COM 717081103 4,517 139,926 SH   SOLE   139,926 0 0
Procter & Gamble Co. COM 742718109 18,191 229,083 SH   SOLE   216,883 0 12,200
Psivida Corp COM 74440J101 145 30,000 SH   SOLE   30,000 0 0
Qualcomm COM 747525103 11,610 232,266 SH   SOLE   214,266 0 18,000
Royal Dutch Shell PLC CL B COM 780259107 3,482 75,639 SH   SOLE   75,639 0 0
Schlumberger Ltd. COM 806857108 11,917 170,848 SH   SOLE   158,848 0 12,000
Schwab (Charles) Corp COM 808513105 2,504 76,048 SH   SOLE   70,548 0 5,500
Sevion Therapeutics COM 81834q104 8 20,000 SH   SOLE   20,000 0 0
Sorrento Therapeutics COM 83587F202 201 23,128 SH   SOLE   23,128 0 0
Southern Co. COM 842587107 2,461 52,589 SH   SOLE   52,589 0 0
State Street Corp. COM 857477103 12,138 182,912 SH   SOLE   169,512 0 13,400
Symantec Corp. COM 871503108 9,883 470,630 SH   SOLE   432,630 0 38,000
TE Connectivity Ltd. COM H84989104 15,447 239,077 SH   SOLE   222,277 0 16,800
Target Corp COM 87612e106 3,864 53,210 SH   SOLE   53,210 0 0
Teva Pharma Inds ADR COM 881624209 14,897 226,949 SH   SOLE   210,249 0 16,700
The Kraft Heinz Company COM 500754106 206 2,838 SH   SOLE   2,838 0 0
Thermo Fisher Scientific COM 883556102 11,991 84,534 SH   SOLE   77,734 0 6,800
Tiger X Medical Inc. COM 88677A104 18 226,071 SH   SOLE   226,071 0 0
Time Warner Inc COM 887317303 243 3,753 SH   SOLE   3,753 0 0
Trunity Holdings, Inc. COM 898183108 1 71,429 SH   SOLE   71,429 0 0
Unilever PLC - Sponsored ADR COM 904767704 3,037 70,432 SH   SOLE   70,432 0 0
United Parcel Service -Cl B COM 911312106 2,862 29,742 SH   SOLE   29,742 0 0
United Tech. Corp. COM 913017109 10,448 108,756 SH   SOLE   102,256 0 6,500
Verizon Communications COM 92343v104 4,848 104,890 SH   SOLE   104,890 0 0
Viacom Inc. Class B COM 92553p201 8,758 212,789 SH   SOLE   195,189 0 17,600
Wal-Mart Stores Inc. COM 931142103 337 5,505 SH   SOLE   5,505 0 0
Wells Fargo and Company COM 949746101 21,931 403,431 SH   SOLE   380,431 0 23,000
Zimmer Biomet Holdings, Inc. COM 98956P102 12,827 125,031 SH   SOLE   115,731 0 9,300
Cyclone Power Technologies, In 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
IShares Msci Eafe Index Fund COM 464287465 258 4,396 SH   SOLE   4,396 0 0
Standard & Poor's 400 Mid-Cap COM 78467Y107 558 2,195 SH   SOLE   2,195 0 0
iShares Russell 2000 Index Fun COM 464287655 300 2,665 SH   SOLE   2,665 0 0
Comdisco Holding Company, Inc. COM 200334118 1 11,500 SH   SOLE   11,500 0 0
iShares MSCI EAFE Growth ETF COM 464288885 717 10,675 SH   SOLE   10,675 0 0