13F-HR 1 cover13f1231.txt 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2003 Check here if Amendment [ ]; Amendment Number: ___ This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Valicenti Advisory Services, Inc. Address: 400 East Water Street Elmira, New York 14901 13F File Number: 28-7606 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jeffrey S. Naylor Title: Vice President Phone: 607-734-2665 Signature, Place, and Date of Signing: Elmira, NY --------------------------- ---------------- ----------------- Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 61 Form 13F Information Table Value Total: $111,720 (x$1000) FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M COMPANY COM 88579Y101 304 3572 SH SOLE 3572 ALLSTATE CORP COM 020002101 1428 33202 SH SOLE 33202 ALTRIA GROUP INC COM 02209S103 3439 63201 SH SOLE 63201 AMERICAN INTERNATIONAL GROUP I COM 026874107 2215 33425 SH SOLE 33425 APPLERA APPLIED BIOSYSTEMS COM 351 16929 SH SOLE 16929 APPLIED MATERIALS INC COM 038222105 3649 162541 SH SOLE 162541 BANK OF NEW YORK CO INC COM 064057102 1242 37488 SH SOLE 37488 BELLSOUTH CORP COM 079860102 884 31221 SH SOLE 31221 BP PLC ADR COM 055622104 1169 23694 SH SOLE 23694 BRISTOL MYERS SQUIBB CO COM 110122108 1116 39036 SH SOLE 39036 CHEMUNG FINANCIAL CORP COM 164024101 304 8392 SH SOLE 8392 CHEVRONTEXACO CORP COM 166764100 2803 32442 SH SOLE 32442 CISCO SYSTEMS INC COM 17275R102 4476 184254 SH SOLE 184254 CITIGROUP INC COM 172967101 1219 25113 SH SOLE 25113 COCA-COLA CO COM 191216100 2235 44037 SH SOLE 44037 CORNING INC COM 219350105 5335 511477 SH SOLE 511477 DELL INC COM 247025109 2426 71424 SH SOLE 71424 E S & L BANCORP INC. COM 269079109 5347 175300 SH SOLE 175300 ELMIRA SAVINGS BANK COM 289660102 647 20703 SH SOLE 20703 EMC CORP COM 268648102 474 36725 SH SOLE 36725 ETHAN ALLEN INTERIORS COM 297602104 2128 50820 SH SOLE 50820 EXXON MOBIL CORP COM 30231G102 2927 71379 SH SOLE 71379 FANNIE MAE COM 313586109 2545 33901 SH SOLE 33901 GANNETT CO INC DEL COM 364730101 3876 43468 SH SOLE 43468 GENERAL ELECTRIC CO COM 369604103 6632 214084 SH SOLE 214084 GLAXOSMITHKLINE PLC ADRF COM 37733W105 282 6050 SH SOLE 6050 GUIDANT CORP COM 401698105 2004 33294 SH SOLE 33294 HARDINGE INC COM 412324303 346 29906 SH SOLE 29906 HARTFORD FINL SVCS GRP COM 416515104 516 8736 SH SOLE 8736 HOME DEPOT INC COM 437076102 2894 81556 SH SOLE 81556 INTEL CORP COM 458140100 4381 136046 SH SOLE 136046 INTERSIL CORP CL A COM 46069S109 1413 56875 SH SOLE 56875 INTERWAVE COMMUNICATIONS INTER COM G4911N102 165 37380 SH SOLE 37380 INTL BUSINESS MACHINES COM 459200101 2023 21832 SH SOLE 21832 J.P. MORGAN CHASE & CO COM 46625H100 2959 80564 SH SOLE 80564 JOHNSON & JOHNSON COM 478160104 1720 33300 SH SOLE 33300 KOHLS CORP COM 500255104 1247 27750 SH SOLE 27750 LILLY ELI & CO COM 532457108 1913 27200 SH SOLE 27200 LOWES COMPANIES INC COM 548661107 676 12198 SH SOLE 12198 MEDTRONIC INC COM 585055106 2402 49409 SH SOLE 49409 MERCK & CO INC COM 589331107 1623 35137 SH SOLE 35137 MICROSOFT CORP COM 594918104 2568 93229 SH SOLE 93229 MORGAN STANLEY DEAN COM 617446448 1085 18748 SH SOLE 18748 PAYCHEX INC COM 704326107 445 11975 SH SOLE 11975 PEPSICO INC COM 713448108 2133 45761 SH SOLE 45761 PFIZER INC COM 717081103 3290 93125 SH SOLE 93125 PROCTER & GAMBLE COM 742718109 383 3830 SH SOLE 3830 SBC COMM CORP COM 78387G103 271 10396 SH SOLE 10396 SCHERING PLOUGH CORP COM 806605101 1293 74381 SH SOLE 74381 SEA CONTAINERS LTD CL A COM 811371707 940 51495 SH SOLE 51495 SHELL TRANS & TRAD PLC COM 822703609 1076 23900 SH SOLE 23900 SIRIUS SATELLITE RADIO COM 82966U103 35 11000 SH SOLE 11000 SYMANTEC CORP COM 871503108 1029 29700 SH SOLE 29700 TARGET CORP COM 87612E106 1235 32166 SH SOLE 32166 TIME WARNER INC COM 887317105 1543 85770 SH SOLE 85770 UNITED TECHNOLOGIES COM 913017109 1968 20768 SH SOLE 20768 VERIZON COMMUNICATIONS COM 92343V104 1293 36870 SH SOLE 36870 VODAFONE GROUP PLC ADR F COM 92857W100 1437 57384 SH SOLE 57384 WALT DISNEY CO COM 254687106 1873 80266 SH SOLE 80266 WYETH COM 983024100 1324 31190 SH SOLE 31190 ZIMMER HOLDINGS, INC COM 98956P102 763 10842 SH SOLE 10842