Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SYY	SYSCOCORP	3,203,298	$95.43M	61.8%	$29.82	—	COM	871829107
—	ALLTEL CORP	154,056	$7.857M	5.1%	$55.40	—	COM	020039103
XOM	EXXON MOBIL CORP	128,334	$4.484M	2.9%	$43.78	—	COM	30231G102
WFC	WELLS FARGO & CO NEW	78,541	$3.681M	2.4%	$49.40	—	COM	949746101
USB	USBANCORPDEL	148,398	$3.162M	2.0%	$22.52	—	COM NEW	902973304
—	OPPENHEIMER MULTI-SECTOR INC	173,350	$1.91M	1.2%	$8.55	—	SH BEN INT	683933105
CVX	CHEVRONTEXACO CORP	23,628	$1.571M	1.0%	$90.27	—	COM	166764100
—	BERKSHIRE HATHAWAY INC DEL	587	$1.422M	0.9%	$2369.00	—	CLB	084670207
MSFT	MICROSOFT CORP	26,524	$1.371M	0.9%	$60.31	—	COM	594918104
—	GENERAL ELEC CO	48,256	$1.175M	0.8%	$36.23	—	COM	369604103
CAH	CARDINAL HEALTH INC	18,950	$1.122M	0.7%	$65.48	—	COM	14149Y108
PFE	PFIZERINC	36,022	$1.101M	0.7%	$38.50	—	COM	717081103
—	MERCK &COINC	19,185	$1.086M	0.7%	$57.55	—	COM	589331107
AMAT	APPLIED MATLS INC	75,400	$982K	0.6%	$36.33	—	COM	038222105
—	KINDER MORGAN INC KANS	22,825	$965K	0.6%	$42.27	—	COM	49455P101
INTC	INTELCORP	61,370	$956K	0.6%	$30.21	—	COM	458140100
—	MFS CHARTER INCOME TR	112,100	$914K	0.6%	$8.12	—	SH BEN INT	552727109
—	ZALECORPNEW	27,750	$909K	0.6%	$39.61	—	COM	988858106
—	WASHINGTON MUT INC	25,088	$865K	0.6%	$33.37	—	COM	939322103
—	KING PHARMACEUTICALS INC	50,936	$840K	0.5%	$20.58	—	CoM	495582108
PAYX	PAYCHEX INC	28,775	$794K	0.5%	$35.60	—	COM	704326107
—	GANNETT INC	10,350	$743K	0.5%	$76.10	—	COM	364730101
—	SUNGARD DATA SYS INC	29,875	$710K	0.5%	$31.25	—	COM	867363103
—	INGERSOLL-RAND COMPANY LTD	16,450	$706K	0.5%	$49.59	—	CLA	G4776G101
—	CITIGROUP INC	18,734	$659K	0.4%	$48.69	—	COM	172967101
—	MOTOROLAINC	75,750	$655K	0.4%	$13.07	—	COM	620076109
CAG	CONAGRA FOODS INC	24,668	$622K	0.4%	$24.34	—	COM	205887102
HON	HONEYWELL INTL INC	24,100	$578K	0.4%	$37.51	—	COM	438516106
DIS	DISNEY	34,689	$566K	0.4%	$21.92	—	COM DISNEY	254687106
—	BANK ONE CORP	14,719	$538K	0.3%	$41.78	—	COM	06423A103
—	STEWART ENTERPRISES INC	128,242	$532K	0.3%	$5.97	—	CL A	860370105
—	MARATHON OIL CORP	24,075	$513K	0.3%	$28.52	—	COM	565849106
FNMA	FEDERAL NATL MTG ASSN	7,700	$495K	0.3%	$79.88	—	COM	313586109
—	CREDIT SUISSE ASSET MGMT INC	148,703	$468K	0.3%	$5.69	—	COM	224916106
KBH	KBHOME	11,050	$466K	0.3%	$43.40	—	COM	48666K109
EQR	EQUITY RESIDENTIAL	18,798	$457K	0.3%	$28.74	—	SH BEN INT	29476L107
—	FIRSTDATA CORP	12,725	$451K	0.3%	$62.23	—	COM	319963104
HD	HOME DEPOT INC	18,726	$449K	0.3%	$41.42	—	COM	437076102
PFG	PRINCIPAL FINANCIAL GROUP IN	15,328	$441K	0.3%	$26.18	—	COM	74251V102
BMY	BRISTOL MYERS SQUIBB CO	19,020	$440K	0.3%	$39.58	—	COM	110122108
TRN	TRINITY INDS INC	23,400	$432K	0.3%	$22.16	—	COM	896522109
—	MAYTAG CORP	15,675	$429K	0.3%	$43.44	—	COM	578592107
BDX	BECTON DICKINSON & CO	13,925	$425K	0.3%	$35.44	—	COM	075887109
CSCO	CISCOSYSINC	32,216	$422K	0.3%	$16.86	—	COM	17275R102
APD	AIR PRODS & CHEMS INC	9,901	$421K	0.3%	$51.65	—	COM	009158106
CLX	CLOROX CO DEL	9,650	$398K	0.3%	$43.21	—	COM	189054109
ZION	ZIONS BANCORPORATION	10,000	$397K	0.3%	$55.35	—	COM	989701107
JNJ	JOHNSON & JOHNSON	7,370	$396K	0.3%	$60.37	—	COM	478160104
—	SAFEWAY INC	16,450	$381K	0.2%	$37.58	—	COM NEW	786514208
—	SCHERING PLOUGH CORP	16,975	$377K	0.2%	$30.71	—	COM	806605101
—	MANAGED HIGH INCOME PORTFOLI	72,700	$371K	0.2%	$7.32	—	COM	56166C105
—	COMPUTER ASSOC INTL INC	25,675	$350K	0.2%	$21.56	—	COM	204912109
—	DREYFUS MUN INCOME INC	36,383	$342K	0.2%	$8.62	—	COM	26201R102
ORCL	ORACLE CORP	29,700	$321K	0.2%	$12.80	—	COM	68389X105
—	MORGAN STANLEY HIGH YIELD FD	60,800	$316K	0.2%	$7.16	—	COM	61744M104
KO	COCACOLACO	6,803	$298K	0.2%	$51.02	—	COM	191216100
IBM	INTERNATIONAL BUSINESS MACHS	3,760	$291K	0.2%	$89.56	—	COM	459200101
—	COLONIAL MUN INCOME TR	34,800	$271K	0.2%	$5.55	—	SH BEN INT	195799101
SLB	SCHLUMBERGER LTD	6,250	$263K	0.2%	$42.09	—	COM	806857108
UNP	UNION PAC CORP	4,276	$257K	0.2%	$62.04	—	COM	907818108
—	HYPERION TOTAL RETURN & INCO	30,750	$257K	0.2%	$8.89	—	COM	449145101
IDA	IDACORPINC	9,680	$254K	0.2%	$24.55	—	COM	451107106
WDFC	WD-40 CO	7,360	$250K	0.2%	$27.76	—	COM	929236107
—	VAN KAMPEN VALUE MUN INCOME	17,250	$245K	0.2%	$13.70	—	COM \|	921132106
—	UNOCAL CORP	7,850	$240K	0.2%	$36.80	—	COM	915289102
—	WALGREEN CO	8,200	$239K	0.2%	$39.19	—	COM	931422109
—	SALOMON BROS HIGH INCOME FD	20,600	$227K	0.1%	$11.45	—	COM	79547Q106
—	UNION PLANTERS CORP	7,500	$211K	0.1%	$42.78	—	COM	908068109
—	BLACKROCK INCOME TR INC	30,925	$210K	0.1%	$7.37	—	COM	09247F100
VZ	VERIZON COMMUNICATIONS	5,341	$207K	0.1%	$38.75	—	COM	92343V104
—	NUVEEN INSD QUALITY MUN FD I	13,600	$202K	0.1%	$14.70	—	COM	67062N103
—	AMERICAN STRATEGIC INCOME II	19,570	$199K	0.1%	$11.89	—	COM	03009T101
TXN	TEXAS INSTRS INC	12,500	$188K	0.1%	$32.67	—	COM	882508104
—	DPLINC	11,650	$179K	0.1%	$15.34	—	COM	233293109
—	UNITED DOMINION REALTY TR IN	10,800	$177K	0.1%	$15.84	—	COM	910197102
—	COLONIAL INVT GRADE MUN TR	13,800	$152K	0.1%	$10.02	—	SH BEN INT	195768106
—	NUVEEN ARIZ PREM INCOME MUN	10,000	$150K	0.1%	$16.08	—	COM	67061W104
—	ZWEIG TOTAL RETURN FD INC	27,150	$149K	0.1%	$7.08	—	COM	989837109
—	PUTNAM MUN BD ED INC	12,046	$147K	0.1%	$11.88	—	SH BEN INT	74683V100
—	ISCO INC	15,030	$120K	0.1%	$9.95	—	COM	464268101
—	LEVEL3 COMMUNICATIONS INC	17,480	$85,652	0.1%	$3.59	—	COM	52729N100
—	RITEAID CORP	18,200	$44,590	0.0%	$3.46	—	COM	767754104
—	LUCENT TECHNOLOGIES INC:	23,697	$29,858	0.0%	$4.73	—	COM	549463107
—	EF JOHNSON TECHNOLOGIES INC	11,048	$14,915	0.0%	$1.35	—	COM	26843B101