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
AIRGAS INC COM 009363102 522 4,535 SH   SOLE   0 0 4,535
ALTRIA GROUP INC COM 02209S103 6,007 121,919 SH   SOLE   0 0 121,919
AMAZON COM INC COM 023135106 5,688 18,329 SH   SOLE   0 0 18,329
ANIKA THERAPEUTICS INC COM 035255108 1,693 41,550 SH   SOLE   0 0 41,550
ANSYS INC COM 03662Q105 2,356 28,730 SH   SOLE   0 0 28,730
APPLE INC COM 037833100 9,999 90,588 SH   SOLE   0 0 90,588
CHEVRON CORP COM 166764100 3,803 33,898 SH   SOLE   0 0 33,898
CHICAGO BRIDGE AND IRON CO COM 167250109 3,421 81,483 SH   SOLE   0 0 81,483
CIENA CORP COM 171779309 2,552 131,490 SH   SOLE   0 0 131,490
COCA-COLA CO COM 191216100 778 18,423 SH   SOLE   0 0 18,423
COMPASS MINERALS INTERNATION I COM 20451N101 2,456 28,290 SH   SOLE   0 0 28,290
CONSTANT CONTACT INC COM 210313102 2,448 66,700 SH   SOLE   0 0 66,700
CORNING INC COM 219350105 5,810 253,373 SH   SOLE   0 0 253,373
CREE INC COM 225447101 1,860 57,725 SH   SOLE   0 0 57,725
CUMMINS INC COM 231021106 4,935 34,230 SH   SOLE   0 0 34,230
DEVON ENERGY CORP COM 25179M103 2,435 39,775 SH   SOLE   0 0 39,775
ELMIRA SAVINGS BANK COM 289660102 4,164 181,062 SH   SOLE   0 0 181,062
EMC CORP COM 268648102 4,836 162,610 SH   SOLE   0 0 162,610
EXXON MOBIL CORP COM 30231G102 3,378 36,540 SH   SOLE   0 0 36,540
GENERAL ELECTRIC CO COM 369604103 6,466 255,886 SH   SOLE   0 0 255,886
GOLDMAN SACHS GROUP INC COM 38141G104 4,811 24,821 SH   SOLE   0 0 24,821
INFINERA CORP COM 45667G103 4,424 300,550 SH   SOLE   0 0 300,550
INTEL CORP COM 458140100 6,009 165,591 SH   SOLE   0 0 165,591
INTL BUSINESS MACHINES COM 459200101 1,607 10,017 SH   SOLE   0 0 10,017
INTUITIVE SURGICAL COM 46120E602 3,795 7,175 SH   SOLE   0 0 7,175
JOHNSON & JOHNSON COM 478160104 363 3,472 SH   SOLE   0 0 3,472
KRAFT FOODS GROUP COM 50076Q106 300 4,794 SH   SOLE   0 0 4,794
MEDTRONIC INC COM 585055106 630 8,726 SH   SOLE   0 0 8,726
MERCK & CO INC COM 58933Y105 206 3,626 SH   SOLE   0 0 3,626
MICROSOFT CORP COM 594918104 425 9,148 SH   SOLE   0 0 9,148
MONDELEZ INTERNATIONAL INC COM 609207105 600 16,525 SH   SOLE   0 0 16,525
PEPSICO INC COM 713448108 4,038 42,698 SH   SOLE   0 0 42,698
PHILIP MORRIS INTERNATIONAL IN COM 718172109 1,460 17,923 SH   SOLE   0 0 17,923
PRECISION CASTPARTS CORP COM 740189105 3,475 14,425 SH   SOLE   0 0 14,425
PROCTER & GAMBLE COM 742718109 3,095 33,976 SH   SOLE   0 0 33,976
QUALCOMM INC COM 747525103 4,116 55,368 SH   SOLE   0 0 55,368
ROYAL DUTCH SHELL B ADR COM 780259107 573 8,234 SH   SOLE   0 0 8,234
SCHLUMBERGER LTD COM 806857108 3,349 39,212 SH   SOLE   0 0 39,212
STANDARD PACIFIC CORP COM 85375C101 2,013 276,100 SH   SOLE   0 0 276,100
STARBUCKS CORP COM 855244109 3,728 45,440 SH   SOLE   0 0 45,440
STRATASYS LTD COM M85548101 5,070 61,000 SH   SOLE   0 0 61,000
TARGET CORP COM 87612E106 510 6,725 SH   SOLE   0 0 6,725
U S X - MARATHON GROUP COM 902950827 2,485 87,836 SH   SOLE   0 0 87,836
UNION PACIFIC CORP COM 907818108 4,114 34,530 SH   SOLE   0 0 34,530
UNITED TECHNOLOGIES COM 913017109 6,768 58,856 SH   SOLE   0 0 58,856
VERIZON COMMUNICATIONS COM 92343V104 6,610 141,296 SH   SOLE   0 0 141,296
WALT DISNEY CO COM 254687106 216 2,289 SH   SOLE   0 0 2,289
GUGGENHEIM S&P 500 EQUAL WT CO COM 78355W882 1,060 11,960 SH   SOLE   0 0 11,960
ISHARES NASDAQ BIOTECH INDX COM 464287556 8,679 28,609 SH   SOLE   0 0 28,609
ISHARES S&P U.S. PREFERRED STO COM 464288687 3,365 85,316 SH   SOLE   0 0 85,316
SECTOR SPDR ENERGY SELECT SHAR COM 81369Y506 2,436 30,775 SH   SOLE   0 0 30,775
UTILITIES SELECT SECTOR SPDR COM 81369Y886 664 14,061 SH   SOLE   0 0 14,061
PIMCO TOTAL RETURN ETF COM 72201R775 236 2,200 SH   SOLE   0 0 2,200
ISHARES TR COMEX GOLD COM 464285105 321 28,069 SH   SOLE   0 0 28,069