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
QUALCOMM INC COMMON STOCK 747525103 52,794 864,193 SH   SOLE None 0 0 864,193
CHEVRON CORP COMMON STOCK 166764100 22,948 193,912 SH   SOLE None 0 0 193,912
GENERAL ELEC CO COMMON STOCK 369604103 18,630 803,366 SH   SOLE None 0 0 803,366
EXXON MOBIL CORP COMMON STOCK 30231G102 17,735 196,293 SH   SOLE None 0 0 196,293
JOHNSON & JOHNSON COMMON STOCK 478160104 16,410 191,127 SH   SOLE None 0 0 191,127
PFIZER INC COMMON STOCK 717081103 14,111 503,767 SH   SOLE None 0 0 503,767
INTEL CORP COMMON STOCK 458140100 13,489 556,702 SH   SOLE None 0 0 556,702
INTERNATIONAL BUS MACH COMMON STOCK 459200101 11,744 61,449 SH   SOLE None 0 0 61,449
BANK OF AMERICA CORP COMMON STOCK 060505104 11,157 867,577 SH   SOLE None 0 0 867,577
MERCK & CO INC COMMON STOCK 58933Y105 11,108 239,134 SH   SOLE None 0 0 239,134
J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 10,649 201,720 SH   SOLE None 0 0 201,720
HOME DEPOT INC COMMON STOCK 437076102 10,422 134,526 SH   SOLE None 0 0 134,526
FREEPORT-MCMORAN COPPER B COMMON STOCK 35671D857 9,952 360,456 SH   SOLE None 0 0 360,456
COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 9,392 163,935 SH   SOLE None 0 0 163,935
UNITED TECHNOLOGIES CP COMMON STOCK 913017109 9,213 99,126 SH   SOLE None 0 0 99,126
KINDER MORGAN INC COMMON STOCK 49456B101 8,550 224,122 SH   SOLE None 0 0 224,122
TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 8,547 218,029 SH   SOLE None 0 0 218,029
PEPSICO INC COMMON STOCK 713448108 8,307 101,570 SH   SOLE None 0 0 101,570
CISCO SYS INC COMMON STOCK 17275R102 8,254 339,181 SH   SOLE None 0 0 339,181
EMERSON ELEC CO COM COMMON STOCK 291011104 7,607 139,485 SH   SOLE None 0 0 139,485
E M C CORP MASS COMMON STOCK 268648102 7,239 306,470 SH   SOLE None 0 0 306,470
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 6,738 150,781 SH   SOLE None 0 0 150,781
SIGMA ALDRICH COMMON STOCK 826552101 6,500 80,824 SH   SOLE None 0 0 80,824
BP PLC-ADR COMMON STOCK 055622104 6,437 154,217 SH   SOLE None 0 0 154,217
ITRON INC COMMON STOCK 465741106 6,374 150,228 SH   SOLE None 0 0 150,228
CITIGROUP INC COMMON STOCK 172967424 6,374 132,874 SH   SOLE None 0 0 132,874
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 6,338 6,337,748 SH   SOLE None 0 0 6,337,748
GILEAD SCIENCES INC. COMMON STOCK 375558103 6,162 120,189 SH   SOLE None 0 0 120,189
PENN WEST ENERGY TRUST COMMON STOCK 707887105 6,153 581,589 SH   SOLE None 0 0 581,589
ORACLE CORPORATION COMMON STOCK 68389X105 6,114 199,082 SH   SOLE None 0 0 199,082
VALE SA COMMON STOCK 91912E105 5,881 447,192 SH   SOLE None 0 0 447,192
APPLE COMPUTER INC COMMON STOCK 037833100 5,833 14,709 SH   SOLE None 0 0 14,709
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 5,794 223,375 SH   SOLE None 0 0 223,375
TRANSOCEAN INC COMMON STOCK H8817H100 5,760 120,121 SH   SOLE None 0 0 120,121
DUKE ENERGY CORP COMMON STOCK 26441C204 5,637 83,513 SH   SOLE None 0 0 83,513
NOVARTIS AG-ADR COMMON STOCK 66987V109 5,602 79,229 SH   SOLE None 0 0 79,229
PENTAIR INC COMMON STOCK 709631105 5,463 94,692 SH   SOLE None 0 0 94,692
AT&T INC COMMON STOCK 00206R102 5,404 152,649 SH   SOLE None 0 0 152,649
VISA INC COMMON STOCK 92826C839 5,322 29,121 SH   SOLE None 0 0 29,121
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 4,955 64,363 SH   SOLE None 0 0 64,363
MICROSOFT CORP COMMON STOCK 594918104 4,945 143,153 SH   SOLE None 0 0 143,153
XYLEM INC COMMON STOCK 98419M100 4,831 179,324 SH   SOLE None 0 0 179,324
AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 4,815 156,029 SH   SOLE None 0 0 156,029
MONSANTO CO COMMON STOCK 61166W101 4,750 48,074 SH   SOLE None 0 0 48,074
WELLS FARGO COMPANY COMMON STOCK 949746101 4,707 114,057 SH   SOLE None 0 0 114,057
3M COMPANY COMMON STOCK 88579Y101 4,013 36,701 SH   SOLE None 0 0 36,701
DISNEY (WALT) HOLDINGS COMMON STOCK 254687106 3,907 61,863 SH   SOLE None 0 0 61,863
SOUTHERN CO COMMON STOCK 842587107 3,823 86,626 SH   SOLE None 0 0 86,626
CHINA MOBILE HD ADR F COMMON STOCK 16941M109 3,783 73,066 SH   SOLE None 0 0 73,066
WAL MART STORES INC COMMON STOCK 931142103 3,446 46,262 SH   SOLE None 0 0 46,262
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3,290 29,395 SH   SOLE None 0 0 29,395
EL PASO PIPELINE PTNRS LP COMMON STOCK 283702108 3,240 74,185 SH   SOLE None 0 0 74,185
STARBUCKS CORP COMMON STOCK 855244109 2,997 45,743 SH   SOLE None 0 0 45,743
OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 2,843 31,865 SH   SOLE None 0 0 31,865
DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 2,821 24,538 SH   SOLE None 0 0 24,538
WALGREEN CO COMMON STOCK 931422109 2,813 63,645 SH   SOLE None 0 0 63,645
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 2,580 23,335 SH   SOLE None 0 0 23,335
GOOGLE INC-CL A COMMON STOCK 38259P508 2,494 2,833 SH   SOLE None 0 0 2,833
FLUOR CORP (NEW) COMMON STOCK 343412102 2,187 36,874 SH   SOLE None 0 0 36,874
ALLSTATE CORP COMMON STOCK 020002101 2,173 45,150 SH   SOLE None 0 0 45,150
HEALTH CARE REIT INC COMMON STOCK 42217K106 1,928 28,760 SH   SOLE None 0 0 28,760
NEW YORK COMMUNITY BANK COMMON STOCK 649445103 1,872 133,698 SH   SOLE None 0 0 133,698
ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1,837 28,790 SH   SOLE None 0 0 28,790
PHILIP MORRIS INTL COMMON STOCK 718172109 1,801 20,788 SH   SOLE None 0 0 20,788
YUM BRANDS INC COMMON STOCK 988498101 1,784 25,735 SH   SOLE None 0 0 25,735
CARNIVAL CORP CL A COMMON STOCK 143658300 1,696 49,465 SH   SOLE None 0 0 49,465
TIMKEN CO COMMON STOCK 887389104 1,645 29,235 SH   SOLE None 0 0 29,235
BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 08499017 1,517 900 SH   SOLE None 0 0 900
SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 1,433 1,432,734 SH   SOLE None 0 0 1,432,734
AMERICAN EXPRESS CO COMMON STOCK 025816109 1,397 18,693 SH   SOLE None 0 0 18,693
WYNN RESORTS LTD COMMON STOCK 983134107 1,271 9,935 SH   SOLE None 0 0 9,935
BANK OF AMERICA PFD 7.25% PREFERRED STOCK 060505724 1,228 48,250 SH   SOLE None 0 0 48,250
F5 NETWORKS INC COMMON STOCK 315616102 1,227 17,830 SH   SOLE None 0 0 17,830
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1,125 22,338 SH   SOLE None 0 0 22,338
DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 1,083 40,550 SH   SOLE None 0 0 40,550
LILLY ELI & CO COMMON STOCK 532457108 1,012 20,600 SH   SOLE None 0 0 20,600
STRYKER CORP COMMON STOCK 863667101 979 15,132 SH   SOLE None 0 0 15,132
JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 953 40,000 SH   SOLE None 0 0 40,000
BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 949 37,933 SH   SOLE None 0 0 37,933
CONOCOPHILLIPS COMMON STOCK 20825C104 883 14,591 SH   SOLE None 0 0 14,591
MEDTRONIC INC COMMON STOCK 585055106 805 15,647 SH   SOLE None 0 0 15,647
SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 800 800,000 SH   SOLE None 0 0 800,000
BLACKROCK INC COMMON STOCK 09247X101 780 3,035 SH   SOLE None 0 0 3,035
REPUBLIC SERVICES INC-CL A COMMON STOCK 760759100 730 21,510 SH   SOLE None 0 0 21,510
BECTON DICKINSON & CO COMMON STOCK 075887109 708 7,165 SH   SOLE None 0 0 7,165
ST JUDE MED INC COMMON STOCK 790849103 694 15,200 SH   SOLE None 0 0 15,200
SPX CORP COMMON STOCK 784635104 680 9,452 SH   SOLE None 0 0 9,452
SYMANTEC CORP COMMON STOCK 871503108 655 29,150 SH   SOLE None 0 0 29,150
EDISON INTERNATIONAL COMMON STOCK 281020107 653 13,550 SH   SOLE None 0 0 13,550
COCA COLA CO COMMON STOCK 191216100 638 15,909 SH   SOLE None 0 0 15,909
BOFI HOLDINGS COMMON STOCK 05566U108 630 13,758 SH   SOLE None 0 0 13,758
NESTLE S A COMMON STOCK 641069406 574 8,722 SH   SOLE None 0 0 8,722
P G & E CORPORATION COMMON STOCK 69331C108 562 12,300 SH   SOLE None 0 0 12,300
SCHLUMBERGER LTD COMMON STOCK 806857108 559 7,796 SH   SOLE None 0 0 7,796
BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 552 21,796 SH   SOLE None 0 0 21,796
EQT CORP COMMON STOCK 26884L109 548 6,908 SH   SOLE None 0 0 6,908
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 469 9,045 SH   SOLE None 0 0 9,045
ABBVIE INC COMMON STOCK 00287Y109 414 10,023 SH   SOLE None 0 0 10,023
MCDONALDS CORP COMMON STOCK 580135101 414 4,178 SH   SOLE None 0 0 4,178
CATERPILLAR INC COMMON STOCK 149123101 413 5,005 SH   SOLE None 0 0 5,005
BOEING CO COMMON STOCK 097023105 412 4,026 SH   SOLE None 0 0 4,026
DB CAPITAL FUNDING PFD 7.35% PREFERRED STOCK 25154D102 390 15,400 SH   SOLE None 0 0 15,400
REALTY INCOME CORP COMMON STOCK 756109104 390 9,300 SH   SOLE None 0 0 9,300
ABBOTT LABS COMMON STOCK 002824100 381 10,912 SH   SOLE None 0 0 10,912
SOUTHWEST GAS CORP. COMMON STOCK 844895102 365 7,800 SH   SOLE None 0 0 7,800
PHILLIPS 66 COMMON STOCK 718546104 355 6,025 SH   SOLE None 0 0 6,025
AIR PRODS & CHEMS INC COMMON STOCK 009158106 346 3,775 SH   SOLE None 0 0 3,775
CVS/CAREMARK CORP COMMON STOCK 126650100 344 6,011 SH   SOLE None 0 0 6,011
LOWE'S COMPANIES COMMON STOCK 548661107 335 8,200 SH   SOLE None 0 0 8,200
CONSOLIDATE EDISON INC COMMON STOCK 209115104 327 5,600 SH   SOLE None 0 0 5,600
UNION PACIFIC CORP COMMON STOCK 907818108 318 2,060 SH   SOLE None 0 0 2,060
HONEYWELL INTL INC COMMON STOCK 438516106 318 4,005 SH   SOLE None 0 0 4,005
NIKE INC - CL B COMMON STOCK 654106103 315 4,950 SH   SOLE None 0 0 4,950
PACWEST BANCORP COMMON STOCK 695263103 306 9,993 SH   SOLE None 0 0 9,993
JP MORGAN CHASE 8.625% PFD PREFERRED STOCK 46625H621 305 12,000 SH   SOLE None 0 0 12,000
AMAZON.COM INC COMMON STOCK 023135106 301 1,085 SH   SOLE None 0 0 1,085
BAXTER INTL INC COMMON STOCK 071813109 299 4,318 SH   SOLE None 0 0 4,318
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 290 8,872 SH   SOLE None 0 0 8,872
NEXTERA ENERGY INC COMMON STOCK 65339F101 287 3,520 SH   SOLE None 0 0 3,520
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 277 4,970 SH   SOLE None 0 0 4,970
BANK OF AMERICA CORP PFD 7.25% PREFERRED STOCK 060505682 277 250 SH   SOLE None 0 0 250
AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 274 3,390 SH   SOLE None 0 0 3,390
ENERGY TRANSFER PARTNERS LP COMMON STOCK 29273R109 268 5,300 SH   SOLE None 0 0 5,300
KINDER MORGAN ENERGY PTNRS LP COMMON STOCK 494550106 265 3,100 SH   SOLE None 0 0 3,100
VF CORP COMMON STOCK 918204108 264 1,365 SH   SOLE None 0 0 1,365
COMMERCEWEST BANK NA COMMON STOCK 20084T103 257 21,004 SH   SOLE None 0 0 21,004
NUVEEN CA DVD ADV MUNI PFD 2.0 PREFERRED STOCK 67069X401 250 25,000 SH   SOLE None 0 0 25,000
ONEOK PARTNERS LP COMMON STOCK 68268N103 248 5,000 SH   SOLE None 0 0 5,000
EXELON CORPORATION COMMON STOCK 30161N101 247 8,000 SH   SOLE None 0 0 8,000
SPECTRA ENERGY CORP COMMON STOCK 847560109 247 7,166 SH   SOLE None 0 0 7,166
PUBLIC STORAGE INC. COMMON STOCK 74460D109 247 1,610 SH   SOLE None 0 0 1,610
AMGEN INC COMMON STOCK 031162100 247 2,500 SH   SOLE None 0 0 2,500
LAACO LTD UNIT PARTNERSHIP COMMON STOCK 505346106 231 208 SH   SOLE None 0 0 208
KIMBERLY-CLARK CORP COMMON STOCK 494368103 230 2,365 SH   SOLE None 0 0 2,365
FIRSTENERGY CORP COMMON STOCK 337932107 229 6,136 SH   SOLE None 0 0 6,136
BIOGEN IDEC INC COMMON STOCK 09062X103 227 1,057 SH   SOLE None 0 0 1,057
KB HOME COMMON STOCK 48666K109 221 11,275 SH   SOLE None 0 0 11,275
KIMCO REALTY CORP COMMON STOCK 49446R109 219 10,210 SH   SOLE None 0 0 10,210
ROYAL DUTCH SHELL PLC- B SHS COMMON STOCK 780259107 219 3,300 SH   SOLE None 0 0 3,300
SAIC INC COMMON STOCK 78390X101 209 15,000 SH   SOLE None 0 0 15,000
SEMPRA ENERGY COMMON STOCK 816851109 206 2,524 SH   SOLE None 0 0 2,524
ALTRIA GROUP INC COMMON STOCK 02209S103 206 5,887 SH   SOLE None 0 0 5,887
APPLIED MICRO CIRCUITS CORP COMMON STOCK 03822W406 143 16,285 SH   SOLE None 0 0 16,285
NUVEEN CA DVD ADV MUNI PFD 2.3 PREFERRED STOCK 67069X500 125 12,500 SH   SOLE None 0 0 12,500
VALLEY BANKCORP COMMON STOCK 919794107 104 11,024 SH   SOLE None 0 0 11,024
SCHWAB AMT TAX-FREE MONEY FD OTHER ASSETS 808515688 15 15,000 SH   SOLE None 0 0 15,000
APPLIED DNA SCIENCES INC COMMON STOCK 03815U102 10 50,000 SH   SOLE None 0 0 50,000
VISION INDUSTRIES CORP COMMON STOCK 92835C101 8 100,000 SH   SOLE None 0 0 100,000
SOLAR POWER INC COMMON STOCK 83490A100 6 173,000 SH   SOLE None 0 0 173,000
E DIGITAL CORP COMMON STOCK 26841Y103 5 46,811 SH   SOLE None 0 0 46,811
IRELAND INC COMMON STOCK 46267T206 4 11,500 SH   SOLE None 0 0 11,500
ADVANCED REPRODUCTIVE CARE COMMON STOCK 00763e10 1 20,000 SH   SOLE None 0 0 20,000
VANTEX RESOURCES LTD COMMON STOCK 921945408 0 10,400 SH   SOLE None 0 0 10,400
BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12,500 SH   SOLE None 0 0 12,500
SCHIMATIC CASH TRAN NETWORKS.C COMMON STOCK 806732103 0 30,000 SH   SOLE None 0 0 30,000
GLOBAL CROSSING 9.625%XXX ESCR OTHER ASSETS 37931k9b 0 100,000 SH   SOLE None 0 0 100,000