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
3M Company COM 88579y101 295 1,650 SH   SOLE   1,650 0 0
AFLAC, Inc. COM 001055102 271 3,895 SH   SOLE   3,895 0 0
AT&T Inc. COM 00206r102 6,441 151,450 SH   SOLE   151,450 0 0
Abbott Laboratories COM 002824100 235 6,125 SH   SOLE   6,125 0 0
Abbvie Inc COM 00287y109 16,448 262,671 SH   SOLE   248,171 0 14,500
Alphabet Inc. Class C COM 02079K107 9,712 12,583 SH   SOLE   11,433 0 1,150
American Express Co. COM 025816109 8,894 120,066 SH   SOLE   109,766 0 10,300
Amgen COM 031162100 574 3,924 SH   SOLE   3,924 0 0
Amper SA madrid ORD F COM e04600198 18 77,664 SH   SOLE   77,664 0 0
Apple Computer COM 037833100 5,082 43,879 SH   SOLE   40,579 0 3,300
BB&T Corporation COM 054937107 14,245 302,953 SH   SOLE   288,953 0 14,000
Berkshire Hathaway - Class B COM 084670702 310 1,905 SH   SOLE   1,905 0 0
Blackrock, Inc. COM 09247x101 625 1,642 SH   SOLE   1,642 0 0
CVS Health Corp. COM 126650100 13,692 173,517 SH   SOLE   158,317 0 15,200
Capital One Financial Corp. COM 14040h105 12,249 140,410 SH   SOLE   129,110 0 11,300
Chevron Corp. COM 166764100 17,751 150,815 SH   SOLE   143,465 0 7,350
Chubb Corp. (ACE) COM H1467J104 10,931 82,738 SH   SOLE   75,738 0 7,000
Cinedigm Corp COM 172406100 18 12,365 SH   SOLE   12,365 0 0
Cisco Systems Inc COM 17275R102 19,092 631,760 SH   SOLE   593,260 0 38,500
Coca-Cola Co. COM 191216100 2,791 67,308 SH   SOLE   67,308 0 0
Comcast Corp - Cl A COM 20030n101 578 8,376 SH   SOLE   8,376 0 0
Compugen Ltd COM M25722105 436 85,500 SH   SOLE   85,500 0 0
ConocoPhillips COM 20825c104 8,326 166,058 SH   SOLE   155,258 0 10,800
Devon Energy Co. COM 25179m103 10,340 226,403 SH   SOLE   210,403 0 16,000
Eaton Corp. PLC F COM G29183103 21,551 321,229 SH   SOLE   304,829 0 16,400
Enviornmental Energy Service COM 29406q101 0 10,000 SH   SOLE   10,000 0 0
Exxon Mobil Corporation COM 30231g102 7,038 77,980 SH   SOLE   77,980 0 0
General Electric Co. COM 369604103 1,327 41,997 SH   SOLE   41,997 0 0
General Mills COM 370334104 6,002 97,169 SH   SOLE   97,169 0 0
Gilead Sciences Inc. COM 375558103 14,183 198,063 SH   SOLE   183,063 0 15,000
Goldman Sachs Group, Inc. COM 38141G104 234 976 SH   SOLE   976 0 0
Harley-Davidson Inc. COM 412822108 11,062 189,611 SH   SOLE   172,611 0 17,000
Honeywell International COM 438516106 249 2,150 SH   SOLE   2,150 0 0
International Business Machine COM 459200101 3,423 20,619 SH   SOLE   20,619 0 0
J. P. Morgan Chase & Co. COM 46625H100 29,805 345,405 SH   SOLE   327,505 0 17,900
Johnson & Johnson COM 478160104 5,647 49,015 SH   SOLE   49,015 0 0
Johnson Controls Intl. PLC COM g51502105 12,212 296,484 SH   SOLE   268,984 0 27,500
Kimberly-Clark Corp. COM 494368103 5,696 49,914 SH   SOLE   49,914 0 0
McDonald's Corp. COM 580135101 6,334 52,038 SH   SOLE   52,038 0 0
Merck & Co., Inc. COM 58933Y105 7,632 129,639 SH   SOLE   129,639 0 0
MetLife Inc. COM 59156r108 23,977 444,926 SH   SOLE   424,226 0 20,700
Microsoft Corporation COM 594918104 23,250 374,150 SH   SOLE   353,950 0 20,200
Mondelez International Inc. COM 609207105 209 4,724 SH   SOLE   4,724 0 0
Morgan Stanley COM 617446448 11,471 271,501 SH   SOLE   249,901 0 21,600
Occidental Petroleum COM 674599105 13,948 195,818 SH   SOLE   180,318 0 15,500
Pepsico, Inc. COM 713448108 14,163 135,359 SH   SOLE   127,659 0 7,700
Pfizer Inc. COM 717081103 6,683 205,742 SH   SOLE   205,742 0 0
Procter & Gamble Co. COM 742718109 18,585 221,035 SH   SOLE   208,135 0 12,900
Psivida Corp COM 74440J101 45 26,500 SH   SOLE   26,500 0 0
Qualcomm COM 747525103 18,376 281,834 SH   SOLE   263,334 0 18,500
Royal Dutch Shell PLC CL B COM 780259107 7,032 121,311 SH   SOLE   121,311 0 0
Schlumberger Ltd. COM 806857108 12,894 153,590 SH   SOLE   141,590 0 12,000
Schwab (Charles) Corp COM 808513105 7,365 186,596 SH   SOLE   173,196 0 13,400
Sorrento Therapeutics COM 83587F202 108 22,000 SH   SOLE   22,000 0 0
State Street Corp. COM 857477103 8,340 107,305 SH   SOLE   98,405 0 8,900
Symantec Corp. COM 871503108 7,835 327,957 SH   SOLE   301,957 0 26,000
TE Connectivity Ltd. COM H84989104 15,698 226,591 SH   SOLE   209,091 0 17,500
Target Corp COM 87612e106 6,076 84,126 SH   SOLE   84,126 0 0
Teva Pharma Inds ADR COM 881624209 9,461 261,000 SH   SOLE   239,000 0 22,000
The Kraft Heinz Company COM 500754106 248 2,838 SH   SOLE   2,838 0 0
Thermo Fisher Scientific COM 883556102 10,391 73,642 SH   SOLE   67,417 0 6,225
Tiger X Medical Inc. COM 88677A104 244 226,071 SH   SOLE   226,071 0 0
Time Warner Inc COM 887317303 804 8,331 SH   SOLE   8,331 0 0
United Parcel Service -Cl B COM 911312106 6,114 53,335 SH   SOLE   53,335 0 0
United Tech. Corp. COM 913017109 17,590 160,461 SH   SOLE   151,011 0 9,450
UnitedHealth Group Inc. COM 91324p102 647 4,043 SH   SOLE   4,043 0 0
VF Corp. COM 918204108 274 5,136 SH   SOLE   5,136 0 0
Verizon Communications COM 92343v104 8,096 151,661 SH   SOLE   151,661 0 0
Viacom Inc. Class B COM 92553p201 6,113 174,156 SH   SOLE   156,556 0 17,600
Wal-Mart Stores Inc. COM 931142103 365 5,280 SH   SOLE   5,280 0 0
Wells Fargo and Company COM 949746101 26,984 489,636 SH   SOLE   464,636 0 25,000
Zimmer Biomet Holdings, Inc. COM 98956P102 13,610 131,878 SH   SOLE   120,578 0 11,300
Standard & Poor's 400 Mid-Cap COM 78467Y107 670 2,221 SH   SOLE   2,221 0 0
iShares Russell 2000 Index Fun COM 464287655 369 2,735 SH   SOLE   2,735 0 0
iShares MSCI EAFE Growth ETF COM 464288885 447 7,025 SH   SOLE   7,025 0 0