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
ABBOTT LABS COM 002824100 279 6,717 SH   SOLE   6,717 0 0
ABBVIE, INC. COM 00287Y109 390 6,755 SH   SOLE   6,755 0 0
ACUITY BRANDS COM 00508Y102 9,848 83,665 SH   SOLE   83,665 0 0
ADOBE SYSTEMS COM 00724F101 9,569 138,298 SH   SOLE   138,298 0 0
AMERICAN ELEC PWR COM 025537101 216 4,145 SH   SOLE   4,145 0 0
APPLE COMPUTER COM 037833100 807 8,008 SH   SOLE   8,008 0 0
AT&T COM 00206R102 6,612 187,623 SH   SOLE   187,623 0 0
BANCORPSOUTH COM 059692103 346 17,162 SH   SOLE   17,162 0 0
BANK OF AMERICA COM 060505104 457 26,828 SH   SOLE   26,828 0 0
CHEVRONTEXACO COM 166751107 501 4,199 SH   SOLE   4,199 0 0
CISCO SYSTEMS COM 17275R102 9,059 359,932 SH   SOLE   359,932 0 0
COCA COLA COM 191216100 317 7,441 SH   SOLE   7,441 0 0
CONVERGYS GROUP COM 212485106 6,249 350,696 SH   SOLE   350,696 0 0
CULLEN/FROST COM 229899109 8,698 113,680 SH   SOLE   113,680 0 0
CVS CAREMARK COM 126650100 10,448 131,278 SH   SOLE   131,278 0 0
ELECTRONIC ARTS COM 285512109 10,449 293,424 SH   SOLE   293,424 0 0
EMC COM 268648102 9,719 332,165 SH   SOLE   332,165 0 0
ENTERGY COM 29364G103 225 2,913 SH   SOLE   2,913 0 0
EVOLUCIA INC. COM 30049B105 0 82,000 SH   SOLE   82,000 0 0
EXXON MOBIL COM 302290101 8,894 94,564 SH   SOLE   94,564 0 0
GENERAL ELECTRIC COM 369604103 9,336 364,420 SH   SOLE   364,420 0 0
HALLIBURTON COM 406216101 593 9,194 SH   SOLE   9,194 0 0
HOME BANCSHARES COM 436893101 442 15,041 SH   SOLE   15,041 0 0
HUNT J B COM 445658107 537 7,256 SH   SOLE   7,256 0 0
IBM COM 459200101 542 2,854 SH   SOLE   2,854 0 0
ILLINOIS TOOL COM 452308109 8,919 105,647 SH   SOLE   105,647 0 0
JACOBS ENGINEERG COM 469814107 7,240 148,310 SH   SOLE   148,310 0 0
JARDEN COM 471109108 10,487 174,469 SH   SOLE   174,469 0 0
JOHNSON & JOHNSON COM 478160104 300 2,813 SH   SOLE   2,813 0 0
JOHNSON CONTRLS COM 478366107 8,980 204,091 SH   SOLE   204,091 0 0
KIMBERLY CLARK COM 494368103 1,107 10,293 SH   SOLE   10,293 0 0
LAZARD LTD-CL A COM 021260622 10,332 203,785 SH   SOLE   203,785 0 0
MICROSOFT COM 594918104 10,721 231,246 SH   SOLE   231,246 0 0
NIKE CLASS B COM 654106103 10,070 112,892 SH   SOLE   112,892 0 0
NMC COM 629196106 0 100,000 SH   SOLE   100,000 0 0
QUALCOMM COM 747525103 8,813 117,874 SH   SOLE   117,874 0 0
REGIONS FINL COM 7591EP100 1,232 122,729 SH   SOLE   122,729 0 0
SCHLUMBERGER COM 806857108 9,417 92,608 SH   SOLE   92,608 0 0
SM ENERGY CO. COM 78454L100 9,040 115,893 SH   SOLE   115,893 0 0
SOUTHERN CO. COM 842587107 210 4,800 SH   SOLE   4,800 0 0
SOUTHWESTERN ENERGY COM 845467109 789 22,565 SH   SOLE   22,565 0 0
TARGET COM 87612E106 8,519 135,910 SH   SOLE   135,910 0 0
THERMO FISHER COM 883556102 10,310 84,720 SH   SOLE   84,720 0 0
TRIUMPH GROUP COM 896818101 7,674 117,964 SH   SOLE   117,964 0 0
TYSON FOODS COM 902494103 1,546 39,280 SH   SOLE   39,280 0 0
UNITED PARCEL SERVICE COM 911312106 8,367 85,123 SH   SOLE   85,123 0 0
VECTREN COM 92240G101 479 12,000 SH   SOLE   12,000 0 0
VERIZON COM 92343V104 224 4,480 SH   SOLE   4,480 0 0
WALMART COM 931142103 7,187 93,978 SH   SOLE   93,978 0 0
WALT DISNEY COM 254687106 10,270 115,351 SH   SOLE   115,351 0 0
WINDSTREAM HOLDINGS, INC. COM 97382A101 549 50,934 SH   SOLE   50,934 0 0
AMERICAN FUNDAMENTAL INVESTORS MFD 360802102 373 6,899 SH   SOLE   6,899 0 0
VANGUARD 500 INDEX FUND - ADMI MFD 922908710 726 3,987 SH   SOLE   3,987 0 0
SCHWAB US MID CAP ETF ETF 808524508 4,741 122,496 SH   SOLE   122,496 0 0