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 53,847 799,870 SH   SOLE None 0 0 799,870
CHEVRON CORP COMMON STOCK 166764100 21,589 177,689 SH   SOLE None 0 0 177,689
GENERAL ELEC CO COMMON STOCK 369604103 18,202 761,910 SH   SOLE None 0 0 761,910
EXXON MOBIL CORP COMMON STOCK 30231G102 15,947 185,349 SH   SOLE None 0 0 185,349
JOHNSON & JOHNSON COMMON STOCK 478160104 15,577 179,691 SH   SOLE None 0 0 179,691
PFIZER INC COMMON STOCK 717081103 13,728 477,928 SH   SOLE None 0 0 477,928
INTERNATIONAL BUS MACH COMMON STOCK 459200101 12,374 66,824 SH   SOLE None 0 0 66,824
FREEPORT-MCMORAN COPPER B COMMON STOCK 35671D857 12,303 371,915 SH   SOLE None 0 0 371,915
INTEL CORP COMMON STOCK 458140100 11,960 521,775 SH   SOLE None 0 0 521,775
MERCK & CO INC COMMON STOCK 58933Y105 11,468 240,880 SH   SOLE None 0 0 240,880
BANK OF AMERICA CORP COMMON STOCK 060505104 11,453 829,902 SH   SOLE None 0 0 829,902
UNITED TECHNOLOGIES CP COMMON STOCK 913017109 10,671 98,971 SH   SOLE None 0 0 98,971
J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 10,169 196,722 SH   SOLE None 0 0 196,722
COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 9,740 164,251 SH   SOLE None 0 0 164,251
HOME DEPOT INC COMMON STOCK 437076102 9,549 125,893 SH   SOLE None 0 0 125,893
KINDER MORGAN INC COMMON STOCK 49456B101 9,364 263,248 SH   SOLE None 0 0 263,248
EMERSON ELEC CO COM COMMON STOCK 291011104 8,740 135,090 SH   SOLE None 0 0 135,090
PEPSICO INC COMMON STOCK 713448108 7,841 98,626 SH   SOLE None 0 0 98,626
E M C CORP MASS COMMON STOCK 268648102 7,707 301,510 SH   SOLE None 0 0 301,510
GILEAD SCIENCES INC. COMMON STOCK 375558103 7,647 121,639 SH   SOLE None 0 0 121,639
CISCO SYS INC COMMON STOCK 17275R102 7,372 314,605 SH   SOLE None 0 0 314,605
VALE SA COMMON STOCK 91912E105 7,138 457,261 SH   SOLE None 0 0 457,261
ORACLE CORPORATION COMMON STOCK 68389X105 6,981 210,473 SH   SOLE None 0 0 210,473
SIGMA ALDRICH COMMON STOCK 826552101 6,852 80,324 SH   SOLE None 0 0 80,324
ITRON INC COMMON STOCK 465741106 6,774 158,155 SH   SOLE None 0 0 158,155
TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 6,697 177,262 SH   SOLE None 0 0 177,262
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 6,581 142,193 SH   SOLE None 0 0 142,193
TRANSOCEAN INC COMMON STOCK 050546683 6,540 146,961 SH   SOLE None 0 0 146,961
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 6,295 6,294,744 SH   SOLE None 0 0 6,294,744
CITIGROUP INC COMMON STOCK 172967424 6,193 127,667 SH   SOLE None 0 0 127,667
BP PLC-ADR COMMON STOCK 055622104 6,180 147,048 SH   SOLE None 0 0 147,048
NOVARTIS AG-ADR COMMON STOCK 66987V109 6,141 80,056 SH   SOLE None 0 0 80,056
APPLE COMPUTER INC COMMON STOCK 037833100 6,086 12,765 SH   SOLE None 0 0 12,765
PENN WEST ENERGY TRUST COMMON STOCK 707887105 5,933 533,045 SH   SOLE None 0 0 533,045
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 5,890 235,237 SH   SOLE None 0 0 235,237
PENTAIR INC COMMON STOCK 709631105 5,791 89,177 SH   SOLE None 0 0 89,177
DUKE ENERGY CORP COMMON STOCK 26441C204 5,675 84,980 SH   SOLE None 0 0 84,980
VISA INC COMMON STOCK 92826C839 5,436 28,446 SH   SOLE None 0 0 28,446
AT&T INC COMMON STOCK 00206R102 5,273 155,901 SH   SOLE None 0 0 155,901
WELLS FARGO COMPANY COMMON STOCK 949746101 5,070 122,711 SH   SOLE None 0 0 122,711
MONSANTO CO COMMON STOCK 61166W101 4,969 47,608 SH   SOLE None 0 0 47,608
SOUTHERN CO COMMON STOCK 842587107 4,910 119,225 SH   SOLE None 0 0 119,225
AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 4,745 155,529 SH   SOLE None 0 0 155,529
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 4,577 60,555 SH   SOLE None 0 0 60,555
MICROSOFT CORP COMMON STOCK 594918104 4,120 123,799 SH   SOLE None 0 0 123,799
DISNEY (WALT) HOLDINGS COMMON STOCK 254687106 4,051 62,816 SH   SOLE None 0 0 62,816
CHINA MOBILE HD ADR F COMMON STOCK 16941M109 3,902 69,147 SH   SOLE None 0 0 69,147
FLUOR CORP (NEW) COMMON STOCK 343412102 3,781 53,289 SH   SOLE None 0 0 53,289
3M COMPANY COMMON STOCK 88579Y101 3,671 30,743 SH   SOLE None 0 0 30,743
XYLEM INC COMMON STOCK 98419M100 3,616 129,483 SH   SOLE None 0 0 129,483
WALGREEN CO COMMON STOCK 931422109 3,398 63,165 SH   SOLE None 0 0 63,165
DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 3,145 24,747 SH   SOLE None 0 0 24,747
WAL MART STORES INC COMMON STOCK 931142103 3,109 42,042 SH   SOLE None 0 0 42,042
STARBUCKS CORP COMMON STOCK 855244109 3,074 39,934 SH   SOLE None 0 0 39,934
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3,010 26,520 SH   SOLE None 0 0 26,520
EL PASO PIPELINE PTNRS LP COMMON STOCK 283702108 3,008 71,235 SH   SOLE None 0 0 71,235
OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 2,895 30,950 SH   SOLE None 0 0 30,950
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 2,481 21,543 SH   SOLE None 0 0 21,543
GOOGLE INC-CL A COMMON STOCK 38259P508 2,431 2,775 SH   SOLE None 0 0 2,775
ALLSTATE CORP COMMON STOCK 020002101 2,291 45,325 SH   SOLE None 0 0 45,325
REALTY INCOME CORP COMMON STOCK 756109104 2,028 51,020 SH   SOLE None 0 0 51,020
NEW YORK COMMUNITY BANK COMMON STOCK 649445103 2,019 133,620 SH   SOLE None 0 0 133,620
CARNIVAL CORP CL A COMMON STOCK 143658300 1,994 61,085 SH   SOLE None 0 0 61,085
YUM BRANDS INC COMMON STOCK 988498101 1,963 27,495 SH   SOLE None 0 0 27,495
HEALTH CARE REIT INC COMMON STOCK 42217K106 1,754 28,110 SH   SOLE None 0 0 28,110
PHILIP MORRIS INTL COMMON STOCK 718172109 1,715 19,803 SH   SOLE None 0 0 19,803
F5 NETWORKS INC COMMON STOCK 315616102 1,549 18,050 SH   SOLE None 0 0 18,050
BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 1,534 900 SH   SOLE None 0 0 900
TIMKEN CO COMMON STOCK 887389104 1,500 24,835 SH   SOLE None 0 0 24,835
WYNN RESORTS LTD COMMON STOCK 983134107 1,445 9,145 SH   SOLE None 0 0 9,145
SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 1,418 1,417,752 SH   SOLE None 0 0 1,417,752
ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1,328 20,225 SH   SOLE None 0 0 20,225
AMERICAN EXPRESS CO COMMON STOCK 025816109 1,298 17,193 SH   SOLE None 0 0 17,193
JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 1,135 53,300 SH   SOLE None 0 0 53,300
DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 1,050 40,450 SH   SOLE None 0 0 40,450
CONOCOPHILLIPS COMMON STOCK 20825C104 925 13,306 SH   SOLE None 0 0 13,306
BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 911 36,433 SH   SOLE None 0 0 36,433
MEDTRONIC INC COMMON STOCK 585055106 807 15,147 SH   SOLE None 0 0 15,147
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 805 17,238 SH   SOLE None 0 0 17,238
SPX CORP COMMON STOCK 784635104 800 9,452 SH   SOLE None 0 0 9,452
SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 800 800,000 SH   SOLE None 0 0 800,000
BLACKROCK INC COMMON STOCK 09247X101 771 2,850 SH   SOLE None 0 0 2,850
SYMANTEC CORP COMMON STOCK 871503108 721 29,150 SH   SOLE None 0 0 29,150
STRYKER CORP COMMON STOCK 863667101 680 10,060 SH   SOLE None 0 0 10,060
NESTLE S A COMMON STOCK 641069406 677 9,722 SH   SOLE None 0 0 9,722
SCHLUMBERGER LTD COMMON STOCK 806857108 655 7,416 SH   SOLE None 0 0 7,416
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 638 11,050 SH   SOLE None 0 0 11,050
STAPLES INC COMMON STOCK 855030102 636 43,440 SH   SOLE None 0 0 43,440
EQT CORP COMMON STOCK 26884L109 613 6,908 SH   SOLE None 0 0 6,908
EDISON INTERNATIONAL COMMON STOCK 281020107 600 13,030 SH   SOLE None 0 0 13,030
REPUBLIC SERVICES INC-CL A COMMON STOCK 760759100 579 17,360 SH   SOLE None 0 0 17,360
BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 547 21,496 SH   SOLE None 0 0 21,496
COCA COLA CO COMMON STOCK 191216100 505 13,334 SH   SOLE None 0 0 13,334
P G & E CORPORATION COMMON STOCK 69331C108 483 11,800 SH   SOLE None 0 0 11,800
CATERPILLAR INC COMMON STOCK 149123101 426 5,105 SH   SOLE None 0 0 5,105
AIR PRODS & CHEMS INC COMMON STOCK 009158106 394 3,700 SH   SOLE None 0 0 3,700
SOUTHWEST GAS CORP. COMMON STOCK 844895102 390 7,800 SH   SOLE None 0 0 7,800
MCDONALDS CORP COMMON STOCK 580135101 372 3,868 SH   SOLE None 0 0 3,868
LOWE'S COMPANIES COMMON STOCK 548661107 371 7,800 SH   SOLE None 0 0 7,800
NIKE INC - CL B COMMON STOCK 654106103 352 4,850 SH   SOLE None 0 0 4,850
DB CAPITAL FUNDING PFD 7.35% PREFERRED STOCK 25154D102 351 13,900 SH   SOLE None 0 0 13,900
ABBVIE INC COMMON STOCK 00287Y109 323 7,211 SH   SOLE None 0 0 7,211
HONEYWELL INTL INC COMMON STOCK 438516106 307 3,700 SH   SOLE None 0 0 3,700
PHILLIPS 66 COMMON STOCK 718546104 305 5,283 SH   SOLE None 0 0 5,283
UNION PACIFIC CORP COMMON STOCK 907818108 294 1,890 SH   SOLE None 0 0 1,890
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 292 8,872 SH   SOLE None 0 0 8,872
KB HOME COMMON STOCK 48666K109 285 15,825 SH   SOLE None 0 0 15,825
COMMERCEWEST BANK NA COMMON STOCK 20084T103 284 21,004 SH   SOLE None 0 0 21,004
VF CORP COMMON STOCK 918204108 272 1,365 SH   SOLE None 0 0 1,365
BANK OF AMERICA CORP PFD 7.25% PREFERRED STOCK 060505682 270 250 SH   SOLE None 0 0 250
ABBOTT LABS COMMON STOCK 002824100 268 8,076 SH   SOLE None 0 0 8,076
ENERGY TRANSFER PARTNERS LP COMMON STOCK 29273R109 266 5,100 SH   SOLE None 0 0 5,100
AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 263 2,890 SH   SOLE None 0 0 2,890
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 262 4,970 SH   SOLE None 0 0 4,970
PUBLIC STORAGE INC. COMMON STOCK 74460D109 258 1,610 SH   SOLE None 0 0 1,610
VCA ANTECH INC COMMON STOCK 918194101 254 9,250 SH   SOLE None 0 0 9,250
KINDER MORGAN ENERGY PTNRS LP COMMON STOCK 494550106 247 3,100 SH   SOLE None 0 0 3,100
LAACO LTD UNIT PARTNERSHIP COMMON STOCK 505346106 239 208 SH   SOLE None 0 0 208
FIRSTENERGY CORP COMMON STOCK 337932107 231 6,336 SH   SOLE None 0 0 6,336
ALTRIA GROUP INC COMMON STOCK 02209S103 230 6,700 SH   SOLE None 0 0 6,700
BOEING CO COMMON STOCK 097023105 215 1,826 SH   SOLE None 0 0 1,826
APPLIED MICRO CIRCUITS CORP COMMON STOCK 03822W406 210 16,285 SH   SOLE None 0 0 16,285
KIMBERLY-CLARK CORP COMMON STOCK 494368103 209 2,215 SH   SOLE None 0 0 2,215
KIMCO REALTY CORP COMMON STOCK 49446R109 206 10,210 SH   SOLE None 0 0 10,210
NEXTERA ENERGY INC COMMON STOCK 65339F101 202 2,520 SH   SOLE None 0 0 2,520
VALLEY BANKCORP COMMON STOCK 919794107 110 11,024 SH   SOLE None 0 0 11,024
SOLAR POWER INC COMMON STOCK 83490A100 29 173,000 SH   SOLE None 0 0 173,000
VISION INDUSTRIES CORP COMMON STOCK 92835C101 10 100,000 SH   SOLE None 0 0 100,000
APPLIED DNA SCIENCES INC COMMON STOCK 03815U102 5 50,000 SH   SOLE None 0 0 50,000
E DIGITAL CORP COMMON STOCK 26841Y103 3 46,811 SH   SOLE None 0 0 46,811
IRELAND INC COMMON STOCK 46267T206 3 11,500 SH   SOLE None 0 0 11,500
VANTEX RESOURCES LTD COMMON STOCK 921945408 1 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