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 316 1,650 SH   SOLE   0 0 1,650
AFLAC, Inc. COM 001055102 282 3,895 SH   SOLE   0 0 3,895
AT&T Inc. COM 00206r102 6,778 163,131 SH   SOLE   0 0 163,131
Abbvie Inc COM 00287y109 17,071 261,991 SH   SOLE   0 0 261,991
Alphabet Inc. Class C COM 02079K107 12,068 14,547 SH   SOLE   0 0 14,547
American Express Co. COM 025816109 8,625 109,023 SH   SOLE   0 0 109,023
Amper SA madrid ORD F COM e04600198 25 77,664 SH   SOLE   0 0 77,664
Apple Computer COM 037833100 5,703 39,698 SH   SOLE   0 0 39,698
BB&T Corporation COM 054937107 13,279 297,071 SH   SOLE   0 0 297,071
Berkshire Hathaway - Class B COM 084670702 349 2,095 SH   SOLE   0 0 2,095
CVS Health Corp. COM 126650100 19,796 252,182 SH   SOLE   0 0 252,182
Capital One Financial Corp. COM 14040h105 11,328 130,719 SH   SOLE   0 0 130,719
Chevron Corp. COM 166764100 15,738 146,579 SH   SOLE   0 0 146,579
Chubb Corp. (ACE) COM H1467J104 12,219 89,681 SH   SOLE   0 0 89,681
Cinedigm Corp COM 172406100 19 12,365 SH   SOLE   0 0 12,365
Cisco Systems Inc COM 17275R102 20,286 600,180 SH   SOLE   0 0 600,180
Coca-Cola Co. COM 191216100 3,189 75,142 SH   SOLE   0 0 75,142
Colgate Palmolive Co COM 194162103 203 2,775 SH   SOLE   0 0 2,775
Comcast Corp - Cl A COM 20030n101 630 16,766 SH   SOLE   0 0 16,766
Compugen Ltd COM M25722105 368 85,500 SH   SOLE   0 0 85,500
ConocoPhillips COM 20825c104 7,841 157,224 SH   SOLE   0 0 157,224
Devon Energy Co. COM 25179m103 9,158 219,520 SH   SOLE   0 0 219,520
Eaton Corp. PLC F COM G29183103 23,061 310,999 SH   SOLE   0 0 310,999
Environmental Energy Service COM 29406q101 0 10,000 SH   SOLE   0 0 10,000
Exxon Mobil Corporation COM 30231g102 6,702 81,725 SH   SOLE   0 0 81,725
General Electric Co. COM 369604103 1,080 36,232 SH   SOLE   0 0 36,232
General Mills COM 370334104 6,524 110,563 SH   SOLE   0 0 110,563
Gilead Sciences Inc. COM 375558103 14,582 214,695 SH   SOLE   0 0 214,695
Goldman Sachs Group, Inc. COM 38141G104 224 976 SH   SOLE   0 0 976
Harley-Davidson Inc. COM 412822108 10,514 173,785 SH   SOLE   0 0 173,785
International Business Machine COM 459200101 2,983 17,132 SH   SOLE   0 0 17,132
J. P. Morgan Chase & Co. COM 46625H100 27,668 314,979 SH   SOLE   0 0 314,979
Johnson & Johnson COM 478160104 6,492 52,120 SH   SOLE   0 0 52,120
Johnson Controls Intl. PLC COM g51502105 13,046 309,725 SH   SOLE   0 0 309,725
Kimberly-Clark Corp. COM 494368103 6,894 52,377 SH   SOLE   0 0 52,377
McDonald's Corp. COM 580135101 4,092 31,572 SH   SOLE   0 0 31,572
Merck & Co., Inc. COM 58933Y105 8,932 140,565 SH   SOLE   0 0 140,565
MetLife Inc. COM 59156r108 22,651 428,827 SH   SOLE   0 0 428,827
Microsoft Corporation COM 594918104 23,457 356,164 SH   SOLE   0 0 356,164
Mondelez International Inc. COM 609207105 204 4,724 SH   SOLE   0 0 4,724
Morgan Stanley COM 617446448 7,961 185,831 SH   SOLE   0 0 185,831
Occidental Petroleum COM 674599105 13,489 212,899 SH   SOLE   0 0 212,899
Pepsico, Inc. COM 713448108 16,396 146,580 SH   SOLE   0 0 146,580
Pfizer Inc. COM 717081103 7,717 225,573 SH   SOLE   0 0 225,573
Procter & Gamble Co. COM 742718109 18,960 211,020 SH   SOLE   0 0 211,020
Psivida Corp COM 74440J101 46 26,500 SH   SOLE   0 0 26,500
Qualcomm COM 747525103 15,934 277,886 SH   SOLE   0 0 277,886
Royal Dutch Shell PLC CL B COM 780259107 7,179 128,586 SH   SOLE   0 0 128,586
Schlumberger Ltd. COM 806857108 11,045 141,421 SH   SOLE   0 0 141,421
Sorrento Therapeutics COM 83587F202 87 22,000 SH   SOLE   0 0 22,000
State Street Corp. COM 857477103 8,009 100,599 SH   SOLE   0 0 100,599
Symantec Corp. COM 871503108 5,395 175,845 SH   SOLE   0 0 175,845
TE Connectivity Ltd. COM H84989104 13,391 179,628 SH   SOLE   0 0 179,628
Target Corp COM 87612e106 4,966 89,981 SH   SOLE   0 0 89,981
The Kraft Heinz Company COM 500754106 258 2,838 SH   SOLE   0 0 2,838
Thermo Fisher Scientific COM 883556102 10,767 70,097 SH   SOLE   0 0 70,097
Tiger X Medical Inc. COM 88677A104 102 226,071 SH   SOLE   0 0 226,071
United Parcel Service -Cl B COM 911312106 6,886 64,177 SH   SOLE   0 0 64,177
United Tech. Corp. COM 913017109 17,559 156,482 SH   SOLE   0 0 156,482
Verizon Communications COM 92343v104 7,843 160,878 SH   SOLE   0 0 160,878
Viacom Inc. Class B COM 92553p201 8,547 183,340 SH   SOLE   0 0 183,340
Wal-Mart Stores Inc. COM 931142103 362 5,020 SH   SOLE   0 0 5,020
Wells Fargo and Company COM 949746101 26,194 470,614 SH   SOLE   0 0 470,614
Zimmer Biomet Holdings, Inc. COM 98956P102 14,232 116,554 SH   SOLE   0 0 116,554
Standard & Poor's 400 Mid-Cap COM 78467Y107 696 2,228 SH   SOLE   0 0 2,228
iShares Russell 2000 Index Fun COM 464287655 375 2,725 SH   SOLE   0 0 2,725
iShares MSCI EAFE Growth ETF COM 464288885 488 7,025 SH   SOLE   0 0 7,025