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
ALTRIA GROUP INC COM 02209S103 5,205 124,107 SH   SOLE   0 0 124,107
AMAZON COM INC COM 023135106 5,878 18,099 SH   SOLE   0 0 18,099
APPLE INC COM 037833100 9,108 98,008 SH   SOLE   0 0 98,008
CHEVRON CORP COM 166764100 4,289 32,855 SH   SOLE   0 0 32,855
CHICAGO BRIDGE AND IRON CO COM 167250109 2,971 43,568 SH   SOLE   0 0 43,568
CIENA CORP COM 171779309 2,460 113,590 SH   SOLE   0 0 113,590
COCA-COLA CO COM 191216100 960 22,671 SH   SOLE   0 0 22,671
CONSTANT CONTACT INC COM 210313102 2,284 71,125 SH   SOLE   0 0 71,125
CORNING INC COM 219350105 5,649 257,375 SH   SOLE   0 0 257,375
CREE INC COM 225447101 2,770 55,450 SH   SOLE   0 0 55,450
DENBURY RESOURCES INC COM 247916208 3,205 173,602 SH   SOLE   0 0 173,602
DEVON ENERGY CORP COM 25179M103 3,238 40,775 SH   SOLE   0 0 40,775
ELMIRA SAVINGS BANK COM 289660102 4,519 190,686 SH   SOLE   0 0 190,686
EMC CORP COM 268648102 4,383 166,383 SH   SOLE   0 0 166,383
EXXON MOBIL CORP COM 30231G102 3,088 30,676 SH   SOLE   0 0 30,676
GENERAL ELECTRIC CO COM 369604103 6,632 252,340 SH   SOLE   0 0 252,340
GOLDMAN SACHS GROUP INC COM 38141G104 4,569 27,287 SH   SOLE   0 0 27,287
HERCULES OFFSHORE INC COM 427093109 2,430 604,400 SH   SOLE   0 0 604,400
INFINERA CORP COM 45667G103 3,337 362,750 SH   SOLE   0 0 362,750
INTEL CORP COM 458140100 5,607 181,461 SH   SOLE   0 0 181,461
INTL BUSINESS MACHINES COM 459200101 1,601 8,831 SH   SOLE   0 0 8,831
INTUITIVE SURGICAL COM 46120E602 2,998 7,280 SH   SOLE   0 0 7,280
JOHNSON & JOHNSON COM 478160104 356 3,401 SH   SOLE   0 0 3,401
KRAFT FOODS GROUP COM 50076Q106 293 4,888 SH   SOLE   0 0 4,888
MEDTRONIC INC COM 585055106 554 8,690 SH   SOLE   0 0 8,690
MERCK & CO INC COM 58933Y105 203 3,515 SH   SOLE   0 0 3,515
MICROSOFT CORP COM 594918104 434 10,398 SH   SOLE   0 0 10,398
MONDELEZ INTERNATIONAL INC COM 609207105 634 16,866 SH   SOLE   0 0 16,866
PEPSICO INC COM 713448108 4,011 44,897 SH   SOLE   0 0 44,897
PHILIP MORRIS INTERNATIONAL IN COM 718172109 1,633 19,368 SH   SOLE   0 0 19,368
PRECISION CASTPARTS CORP COM 740189105 3,882 15,380 SH   SOLE   0 0 15,380
PROCTER & GAMBLE COM 742718109 3,717 47,300 SH   SOLE   0 0 47,300
QUALCOMM INC COM 747525103 4,231 53,427 SH   SOLE   0 0 53,427
ROWAN COMPANIES PLC COM G7665A101 2,397 75,075 SH   SOLE   0 0 75,075
ROYAL DUTCH SHELL B ADR COM 780259107 720 8,280 SH   SOLE   0 0 8,280
SCHLUMBERGER LTD COM 806857108 4,411 37,394 SH   SOLE   0 0 37,394
STANDARD PACIFIC CORP COM 85375C101 2,723 316,650 SH   SOLE   0 0 316,650
STARBUCKS CORP COM 855244109 3,132 40,475 SH   SOLE   0 0 40,475
STRATASYS LTD COM M85548101 4,801 42,255 SH   SOLE   0 0 42,255
TARGET CORP COM 87612E106 390 6,725 SH   SOLE   0 0 6,725
UNION PACIFIC CORP COM 907818108 3,777 37,861 SH   SOLE   0 0 37,861
UNITED TECHNOLOGIES COM 913017109 4,001 34,652 SH   SOLE   0 0 34,652
VERIZON COMMUNICATIONS COM 92343V104 6,827 139,524 SH   SOLE   0 0 139,524
ISHARES NASDAQ BIOTECH INDX COM 464287556 8,627 33,564 SH   SOLE   0 0 33,564
ISHARES S&P U.S. PREFERRED STO COM 464288687 3,211 80,444 SH   SOLE   0 0 80,444
SCHWAB US LARGE-CAP COM 808524201 226 4,830 SH   SOLE   0 0 4,830
UTILITIES SELECT SECTOR SPDR COM 81369Y886 677 15,289 SH   SOLE   0 0 15,289
PIMCO TOTAL RETURN ETF COM 72201R775 365 3,350 SH   SOLE   0 0 3,350
ISHARES TR COMEX GOLD COM 464285105 551 42,774 SH   SOLE   0 0 42,774