Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	98,008	$9.108M	5.9%	$92.93 *	$17.48	+16.8%	COM	037833100
IBB	ISHARES NASDAQ BIOTECH INDX	33,564	$8.627M	5.6%	$257.03 *	$59.39	+44.3%	COM	464287556
VZ	VERIZON COMMUNICATIONS	139,524	$6.827M	4.4%	$48.93 *	$26.51	+2.2%	COM	92343V104
—	GENERAL ELECTRIC CO	252,340	$6.632M	4.3%	$26.28	$23.38	—	COM	369604103
AMZN	AMAZON COM INC	18,099	$5.878M	3.8%	$324.77 *	$13.66	+18.9%	COM	023135106
GLW	CORNING INC	257,375	$5.649M	3.7%	$21.95 *	$10.49	+55.1%	COM	219350105
INTC	INTEL CORP	181,461	$5.607M	3.6%	$30.90 *	$17.25	+35.6%	COM	458140100
MO	ALTRIA GROUP INC	124,107	$5.205M	3.4%	$41.94 *	$16.67	+21.1%	COM	02209S103
SSYS	STRATASYS LTD	42,255	$4.801M	3.1%	$113.62	$111.85	+1.6%	COM	M85548101
GS	GOLDMAN SACHS GROUP INC	27,287	$4.569M	3.0%	$167.44 *	$121.23	+10.4%	COM	38141G104
—	ELMIRA SAVINGS BANK	190,686	$4.519M	2.9%	$23.70	$21.77	—	COM	289660102
SLB	SCHLUMBERGER LTD	37,394	$4.411M	2.9%	$117.96 *	$52.90	+62.4%	COM	806857108
—	EMC CORP	166,383	$4.383M	2.8%	$26.34	$23.70	—	COM	268648102
CVX	CHEVRON CORP	32,855	$4.289M	2.8%	$130.54 *	$71.97	+11.1%	COM	166764100
QCOM	QUALCOMM INC	53,427	$4.231M	2.7%	$79.19 *	$45.06	+27.1%	COM	747525103
PEP	PEPSICO INC	44,897	$4.011M	2.6%	$89.34 *	$56.00	+13.1%	COM	713448108
—	UNITED TECHNOLOGIES	34,652	$4.001M	2.6%	$115.46	$102.06	—	COM	913017109
—	PRECISION CASTPARTS CORP	15,380	$3.882M	2.5%	$252.41	$230.54	—	COM	740189105
UNP	UNION PACIFIC CORP	37,861	$3.777M	2.5%	$99.76 *	$65.15	+18.6%	COM	907818108
PG	PROCTER & GAMBLE	47,300	$3.717M	2.4%	$78.58 *	$56.51	+0.7%	COM	742718109
—	INFINERA CORP	362,750	$3.337M	2.2%	$9.20	$9.78	—	COM	45667G103
DVN	DEVON ENERGY CORP	40,775	$3.238M	2.1%	$79.41 *	$37.00	+45.0%	COM	25179M103
PFF	ISHARES S&P U.S. PREFERRED STO	80,444	$3.211M	2.1%	$39.92	$39.80	+0.3%	COM	464288687
—	DENBURY RESOURCES INC	173,602	$3.205M	2.1%	$18.46	$16.40	—	COM	247916208
SBUX	STARBUCKS CORP	40,475	$3.132M	2.0%	$77.38 *	$28.36	+8.6%	COM	855244109
XOM	EXXON MOBIL CORP	30,676	$3.088M	2.0%	$100.67 *	$54.88	+12.9%	COM	30231G102
ISRG	INTUITIVE SURGICAL	7,280	$2.998M	1.9%	$411.81 *	$51.06	-10.4%	COM	46120E602
—	CHICAGO BRIDGE AND IRON CO	43,568	$2.971M	1.9%	$68.19	$76.20	—	COM	167250109
—	CREE INC	55,450	$2.77M	1.8%	$49.95	$62.52	—	COM	225447101
—	STANDARD PACIFIC CORP	316,650	$2.723M	1.8%	$8.60	$7.91	—	COM	85375C101
CIEN	CIENA CORP	113,590	$2.46M	1.6%	$21.66	$23.10	-6.2%	COM	171779309
—	HERCULES OFFSHORE INC	604,400	$2.43M	1.6%	$4.02	$5.84	—	COM	427093109
—	ROWAN COMPANIES PLC	75,075	$2.397M	1.6%	$31.93	$34.21	—	COM	G7665A101
—	CONSTANT CONTACT INC	71,125	$2.284M	1.5%	$32.11	$24.55	—	COM	210313102
PM	PHILIP MORRIS INTERNATIONAL IN	19,368	$1.633M	1.1%	$84.31 *	$49.85	-4.3%	COM	718172109
IBM	INTL BUSINESS MACHINES	8,831	$1.601M	1.0%	$181.29 *	$118.94	-8.9%	COM	459200101
KO	COCA-COLA CO	22,671	$960K	0.6%	$42.34 *	$27.85	+6.0%	COM	191216100
—	ROYAL DUTCH SHELL B ADR	8,280	$720K	0.5%	$86.96	$66.23	—	COM	780259107
XLU	UTILITIES SELECT SECTOR SPDR	15,289	$677K	0.4%	$44.28 *	$19.60	+12.9%	COM	81369Y886
MDLZ	MONDELEZ INTERNATIONAL INC	16,866	$634K	0.4%	$37.59 *	$23.16	+26.2%	COM	609207105
—	MEDTRONIC INC	8,690	$554K	0.4%	$63.75	$51.49	—	COM	585055106
—	ISHARES TR COMEX GOLD	42,774	$551K	0.4%	$12.88	$11.99	—	COM	464285105
MSFT	MICROSOFT CORP	10,398	$434K	0.3%	$41.74 *	$26.96	+30.2%	COM	594918104
TGT	TARGET CORP	6,725	$390K	0.3%	$57.99 *	$47.95	-14.1%	COM	87612E106
BOND	PIMCO TOTAL RETURN ETF	3,350	$365K	0.2%	$108.96	$109.08	-0.1%	COM	72201R775
JNJ	JOHNSON & JOHNSON	3,401	$356K	0.2%	$104.68 *	$59.66	+27.4%	COM	478160104
—	KRAFT FOODS GROUP	4,888	$293K	0.2%	$59.94	$55.83	—	COM	50076Q106
SCHX	SCHWAB US LARGE-CAP	4,830	$226K	0.1%	$46.79 *	$7.32	+6.6%	COM	808524201
MRK	MERCK & CO INC	3,515	$203K	0.1%	$57.75 *	$35.76	+8.1%	COM	58933Y105