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
3M COMPANY COM 604059105 230 1,398 SH   SOLE   1,398 0 0
ABBOTT LABS COM 002824100 302 6,717 SH   SOLE   6,717 0 0
ABBVIE, INC. COM 00287Y109 443 6,762 SH   SOLE   6,762 0 0
ACUITY BRANDS COM 00508Y102 11,442 81,686 SH   SOLE   81,686 0 0
ADOBE SYSTEMS COM 00724F101 10,065 138,450 SH   SOLE   138,450 0 0
AMERICAN ELEC PWR COM 025537101 252 4,145 SH   SOLE   4,145 0 0
APPLE COMPUTER COM 037833100 884 8,008 SH   SOLE   8,008 0 0
AT&T COM 00206R102 996 29,640 SH   SOLE   29,640 0 0
BANCORPSOUTH COM 059692103 376 16,692 SH   SOLE   16,692 0 0
BANK OF AMERICA COM 060505104 480 26,835 SH   SOLE   26,835 0 0
BANK OF THE OZARKS COM 063904106 234 6,170 SH   SOLE   6,170 0 0
CHEVRONTEXACO COM 166751107 471 4,199 SH   SOLE   4,199 0 0
CISCO SYSTEMS COM 17275R102 9,903 356,026 SH   SOLE   356,026 0 0
COCA COLA COM 191216100 662 15,691 SH   SOLE   15,691 0 0
CONVERGYS GROUP COM 212485106 7,392 362,897 SH   SOLE   362,897 0 0
CULLEN/FROST COM 229899109 8,253 116,835 SH   SOLE   116,835 0 0
CVS CAREMARK COM 126650100 12,305 127,760 SH   SOLE   127,760 0 0
DANAHER COM 235851102 219 2,555 SH   SOLE   2,555 0 0
ELECTRONIC ARTS COM 285512109 13,266 282,155 SH   SOLE   282,155 0 0
EMC COM 268648102 9,936 334,105 SH   SOLE   334,105 0 0
ENTERGY COM 29364G103 255 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 8,829 95,496 SH   SOLE   95,496 0 0
GENERAL ELECTRIC COM 369604103 9,103 360,215 SH   SOLE   360,215 0 0
HALLIBURTON COM 406216101 362 9,194 SH   SOLE   9,194 0 0
HOME BANCSHARES COM 436893101 484 15,041 SH   SOLE   15,041 0 0
ILLINOIS TOOL COM 452308109 10,075 106,387 SH   SOLE   106,387 0 0
J B HUNT COM 445658107 514 6,100 SH   SOLE   6,100 0 0
JACOBS ENGINEERG COM 469814107 6,917 154,785 SH   SOLE   154,785 0 0
JARDEN COM 471109108 11,959 249,760 SH   SOLE   249,760 0 0
JOHNSON & JOHNSON COM 478160104 292 2,793 SH   SOLE   2,793 0 0
JOHNSON CONTRLS COM 478366107 9,996 206,791 SH   SOLE   206,791 0 0
KIMBERLY CLARK COM 494368103 1,178 10,193 SH   SOLE   10,193 0 0
LAZARD LTD-CL A COM 021260622 10,325 206,385 SH   SOLE   206,385 0 0
MICROSOFT COM 594918104 10,516 226,386 SH   SOLE   226,386 0 0
NIKE CLASS B COM 654106103 10,389 108,053 SH   SOLE   108,053 0 0
NMC COM 629196106 0 100,000 SH   SOLE   100,000 0 0
NXP SEMICONDUCTORS COM N6596X109 8,646 113,167 SH   SOLE   113,167 0 0
QUALCOMM COM 747525103 8,959 120,529 SH   SOLE   120,529 0 0
REGIONS FINL COM 7591EP100 1,286 121,753 SH   SOLE   121,753 0 0
SCHLUMBERGER COM 806857108 8,069 94,478 SH   SOLE   94,478 0 0
SM ENERGY CO. COM 78454L100 2,448 63,441 SH   SOLE   63,441 0 0
SOUTHERN CO. COM 842587107 236 4,800 SH   SOLE   4,800 0 0
SOUTHWESTERN ENERGY COM 845467109 599 21,935 SH   SOLE   21,935 0 0
TARGET COM 87612E106 10,374 136,665 SH   SOLE   136,665 0 0
THERMO FISHER COM 883556102 10,691 85,330 SH   SOLE   85,330 0 0
TRIUMPH GROUP COM 896818101 8,377 124,616 SH   SOLE   124,616 0 0
TYSON FOODS COM 902494103 1,575 39,280 SH   SOLE   39,280 0 0
UNITED PARCEL SERVICE COM 911312106 9,548 85,887 SH   SOLE   85,887 0 0
VECTREN COM 92240G101 555 12,000 SH   SOLE   12,000 0 0
WALMART COM 931142103 8,414 97,973 SH   SOLE   97,973 0 0
WALT DISNEY COM 254687106 10,675 113,330 SH   SOLE   113,330 0 0
WINDSTREAM HOLDINGS, INC. COM 97382A101 462 56,104 SH   SOLE   56,104 0 0
AMERICAN FUNDAMENTAL INVESTORS MFD 360802102 350 6,718 SH   SOLE   6,718 0 0
FRANKLIN INCOME FUND CL C MFD 353496805 44 17,990 SH   SOLE   17,990 0 0
VANGUARD 500 INDEX FUND - ADMI MFD 922908710 757 3,987 SH   SOLE   3,987 0 0
SCHWAB US MID CAP ETF ETF 808524508 5,281 129,809 SH   SOLE   129,809 0 0