Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	95,821	$9.654M	5.9%	$100.75 *	$17.48	+27.3%	COM	037833100
IBB	ISHARES NASDAQ BIOTECH INDX	29,694	$8.125M	5.0%	$273.62 *	$59.39	+53.6%	COM	464287556
VZ	VERIZON COMMUNICATIONS	141,193	$7.058M	4.3%	$49.99 *	$26.52	+5.5%	COM	92343V104
—	GENERAL ELECTRIC CO	254,073	$6.509M	4.0%	$25.62	$23.38	—	COM	369604103
—	UNITED TECHNOLOGIES	59,500	$6.283M	3.8%	$105.60	$103.54	—	COM	913017109
AMZN	AMAZON COM INC	18,044	$5.818M	3.6%	$322.43 *	$13.66	+18.0%	COM	023135106
MO	ALTRIA GROUP INC	123,338	$5.666M	3.5%	$45.94 *	$16.67	+34.2%	COM	02209S103
SSYS	STRATASYS LTD	41,810	$5.05M	3.1%	$120.78	$111.85	+8.0%	COM	M85548101
GLW	CORNING INC	255,485	$4.941M	3.0%	$19.34 *	$10.49	+37.3%	COM	219350105
—	EMC CORP	165,784	$4.851M	3.0%	$29.26	$23.70	—	COM	268648102
—	CHICAGO BRIDGE AND IRON CO	82,243	$4.758M	2.9%	$57.85	$67.57	—	COM	167250109
INTC	INTEL CORP	135,139	$4.706M	2.9%	$34.82 *	$17.25	+53.8%	COM	458140100
GS	GOLDMAN SACHS GROUP INC	25,527	$4.686M	2.9%	$183.57 *	$121.23	+21.4%	COM	38141G104
—	CREE INC	111,600	$4.57M	2.8%	$40.95	$51.67	—	COM	225447101
—	ELMIRA SAVINGS BANK	190,000	$4.228M	2.6%	$22.25	$21.77	—	COM	289660102
QCOM	QUALCOMM INC	56,203	$4.202M	2.6%	$74.76 *	$45.57	+19.3%	COM	747525103
UNP	UNION PACIFIC CORP	37,835	$4.102M	2.5%	$108.42 *	$65.15	+29.5%	COM	907818108
PEP	PEPSICO INC	43,848	$4.082M	2.5%	$93.09 *	$56.00	+18.7%	COM	713448108
SLB	SCHLUMBERGER LTD	39,038	$3.97M	2.4%	$101.70 *	$54.02	+37.6%	COM	806857108
PG	PROCTER & GAMBLE	46,915	$3.929M	2.4%	$83.75 *	$56.51	+8.2%	COM	742718109
CVX	CHEVRON CORP	32,436	$3.87M	2.4%	$119.31 *	$71.97	+2.4%	COM	166764100
—	PRECISION CASTPARTS CORP	15,795	$3.742M	2.3%	$236.91	$230.71	—	COM	740189105
—	INFINERA CORP	319,600	$3.41M	2.1%	$10.67	$9.78	—	COM	45667G103
XOM	EXXON MOBIL CORP	36,185	$3.403M	2.1%	$94.04 *	$55.89	+4.2%	COM	30231G102
ISRG	INTUITIVE SURGICAL	7,255	$3.351M	2.1%	$461.89 *	$51.06	+0.5%	COM	46120E602
PFF	ISHARES S&P U.S. PREFERRED STO	84,302	$3.332M	2.0%	$39.52	$39.79	-0.7%	COM	464288687
SBUX	STARBUCKS CORP	40,179	$3.032M	1.9%	$75.46 *	$28.36	+6.2%	COM	855244109
CIEN	CIENA CORP	171,840	$2.873M	1.8%	$16.72	$21.91	-23.7%	COM	171779309
DVN	DEVON ENERGY CORP	39,550	$2.697M	1.6%	$68.19 *	$37.00	+25.0%	COM	25179M103
—	DENBURY RESOURCES INC	173,052	$2.601M	1.6%	$15.03	$16.40	—	COM	247916208
CMI	CUMMINS INC	19,395	$2.56M	1.6%	$131.99 *	$106.06	-8.2%	COM	231021106
—	STANDARD PACIFIC CORP	314,050	$2.352M	1.4%	$7.49	$7.91	—	COM	85375C101
—	ANSYS INC	28,830	$2.182M	1.3%	$75.69	$75.69	—	COM	03662Q105
CMP	COMPASS MINERALS INTERNATION	23,490	$1.98M	1.2%	$84.29 *	$63.23	-5.7%	COM	20451N101
—	ROWAN COMPANIES PLC	75,025	$1.899M	1.2%	$25.31	$34.21	—	COM	G7665A101
—	CONSTANT CONTACT INC	69,525	$1.887M	1.2%	$27.14	$24.55	—	COM	210313102
IBM	INTL BUSINESS MACHINES	8,756	$1.662M	1.0%	$189.81 *	$118.94	-4.0%	COM	459200101
PM	PHILIP MORRIS INTERNATIONAL IN	19,356	$1.614M	1.0%	$83.38 *	$49.85	-4.2%	COM	718172109
ANIK	ANIKA THERAPEUTICS INC	41,400	$1.518M	0.9%	$36.67	$43.21	-15.2%	COM	035255108
KO	COCA-COLA CO	22,672	$967K	0.6%	$42.65 *	$27.85	+7.5%	COM	191216100
—	ROYAL DUTCH SHELL B ADR	8,280	$655K	0.4%	$79.11	$66.23	—	COM	780259107
XLU	UTILITIES SELECT SECTOR SPDR	14,594	$614K	0.4%	$42.07 *	$19.60	+7.4%	COM	81369Y886
MDLZ	MONDELEZ INTERNATIONAL INC	16,741	$574K	0.4%	$34.29 *	$23.16	+15.5%	COM	609207105
—	MEDTRONIC INC	8,690	$538K	0.3%	$61.91	$51.49	—	COM	585055106
—	AIRGAS INC	4,535	$502K	0.3%	$110.69	$110.69	—	COM	009363102
MSFT	MICROSOFT CORP	10,402	$482K	0.3%	$46.34 *	$26.96	+45.6%	COM	594918104
TGT	TARGET CORP	6,725	$422K	0.3%	$62.75 *	$47.95	-6.3%	COM	87612E106
—	ISHARES TR COMEX GOLD	33,069	$387K	0.2%	$11.70	$11.99	—	COM	464285105
JNJ	JOHNSON & JOHNSON	3,402	$363K	0.2%	$106.70 *	$59.66	+30.7%	COM	478160104
BOND	PIMCO TOTAL RETURN ETF	2,950	$320K	0.2%	$108.47	$109.08	-0.5%	COM	72201R775
—	KRAFT FOODS GROUP	4,856	$274K	0.2%	$56.43	$55.83	—	COM	50076Q106
MRK	MERCK & CO INC	3,515	$208K	0.1%	$59.17 *	$35.76	+11.5%	COM	58933Y105