Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SYY	SYSCOCORP	3,253,298	$92.36M	63.4%	$29.82	—	COM	871829107
—	ALLTEL CORP	149,017	$5.98M	4.1%	$55.55	—	COM	020039103
XOM	EXXON MOBIL CORP	129,584	$4.134M	2.8%	$43.78	—	COM	30231G102
WFC	WELLS FARGO & CO NEW	79,183	$3.813M	2.6%	$49.40	—	COM	949746101
USB	USBANCORPDEL	142,018	$2.639M	1.8%	$22.57	—	COM NEW	902973304
CVX	CHEVRONTEXACO CORP	23,628	$1.636M	1.1%	$90.27	—	COM	166764100
—	BERKSHIRE HATHAWAY INC DEL	585	$1.442M	1.0%	$2369.00	—	CLB	084670207
—	OPPENHEIMER MULTI-SECTOR INC	178,775	$1.369M	0.9%	$8.55	—	SH BEN INT	683933105
CAH	CARDINAL HEALTH INC	19,100	$1.188M	0.8%	$65.48	—	COM	14149Y108
MSFT	MICROSOFT CORP	26,738	$1.17M	0.8%	$60.31	—	COM	594918104
—	GENERAL ELEC CO	43,768	$1.079M	0.7%	$37.45	—	COM	369604103
BSX	BOSTON SCIENTIFIC CORP	35,000	$1.073M	0.7%	$25.09	—	COM	101137107
PFE	PFIZERINC	33,169	$963K	0.7%	$39.19	—	COM	717081103
—	MFS CHARTER INCOME TR	113,100	$953K	0.7%	$8.12	—	SH BEN INT	552727109
AMAT	APPLIED MATLS INC	79,600	$919K	0.6%	$36.33	—	COM	038222105
—	MERCK &COINC	18,560	$848K	0.6%	$57.58	—	COM	589331107
INTC	INTELCORP	60,560	$841K	0.6%	$30.41	—	COM	458140100
—	ZALECORPNEW	26,650	$804K	0.6%	$39.89	—	COM	988858106
—	WASHINGTON MUT INC	25,425	$800K	0.5%	$33.37	—	COM	939322103
—	GANNETT INC	10,375	$749K	0.5%	$76.10	—	COM	364730101
—	CREDIT SUISSE ASSET MGMT INC	156,555	$704K	0.5%	$5.69	—	COM	224916106
—	KING PHARMACEUTICALS INC	36,966	$672K	0.5%	$22.13	—	CoM	495582108
—	STEWART ENTERPRISES INC	126,942	$647K	0.4%	$5.99	—	CL A	860370105
PAYX	PAYCHEX INC	25,825	$627K	0.4%	$36.51	—	COM	704326107
—	MOTOROLAINC	60,500	$616K	0.4%	$14.18	—	COM	620076109
—	BANK ONE CORP	15,069	$564K	0.4%	$41.78	—	COM	06423A103
—	MARATHON OIL CORP	24,750	$561K	0.4%	$28.52	—	COM	565849106
CAG	CONAGRA FOODS INC	22,418	$557K	0.4%	$24.25	—	COM	205887102
KBH	KBHOME	11,250	$549K	0.4%	$43.40	—	COM	48666K109
—	CITIGROUP INC	18,450	$547K	0.4%	$48.89	—	COM	172967101
DIS	DISNEY	35,339	$535K	0.4%	$21.92	—	COM DISNEY	254687106
—	INGERSOLL-RAND COMPANY LTD	15,450	$532K	0.4%	$50.02	—	CLA	G4776G101
—	SUNGARD DATA SYS INC	26,725	$520K	0.4%	$32.13	—	COM	867363103
HON	HONEYWELL INTL INC	23,225	$503K	0.3%	$38.02	—	COM	438516106
EQR	EQUITY RESIDENTIAL	20,758	$497K	0.3%	$28.74	—	SH BEN INT	29476L107
FNMA	FEDERAL NATL MTG ASSN	7,700	$458K	0.3%	$79.88	—	COM	313586109
HD	HOME DEPOT INC	17,251	$450K	0.3%	$42.92	—	COM	437076102
BMY	BRISTOL MYERS SQUIBB CO	18,020	$429K	0.3%	$40.49	—	COM	110122108
—	MANAGED HIGH INCOME PORTFOLI	72,700	$425K	0.3%	$7.32	—	COM	56166C105
APD	AIR PRODS & CHEMS INC	9,901	$416K	0.3%	$51.65	—	COM	009158106
PFG	PRINCIPAL FINANCIAL GROUP IN	15,546	$407K	0.3%	$26.18	—	COM	74251V102
CLX	CLOROX CO DEL	9,850	$396K	0.3%	$43.21	—	COM	189054109
—	MORGAN STANLEY HIGH YIELD FD	64,400	$379K	0.3%	$7.16	—	COM	61744M104
BDX	BECTON DICKINSON & CO	13,000	$369K	0.3%	$35.78	—	COM	075887109
—	SCHERING PLOUGH CORP	16,925	$361K	0.2%	$30.71	—	COM	806605101
—	FIRSTDATA CORP	12,750	$356K	0.2%	$62.23	—	COM	319963104
—	MAYTAG CORP	15,175	$352K	0.2%	$43.97	—	COM	578592107
—	DREYFUS MUN INCOME INC	36,383	$349K	0.2%	$8.62	—	COM	26201R102
ZION	ZIONS BANCORPORATION	8,000	$348K	0.2%	$59.27	—	COM	989701107
CSCO	CISCOSYSINC	33,216	$348K	0.2%	$16.86	—	COM	17275R102
TRN	TRINITY INDS INC	19,900	$328K	0.2%	$22.81	—	COM	896522109
—	SAFEWAY INC	14,125	$315K	0.2%	$39.94	—	COM NEW	786514208
—	VAN KAMPEN VALUE MUN INCOME	19,850	$307K	0.2%	$13.70	—	COM \|	921132106
—	HYPERION TOTAL RETURN & INCO	30,750	$296K	0.2%	$8.89	—	COM	449145101
—	BLACKROCK INCOME TR INC	35,800	$294K	0.2%	$7.37	—	COM	09247F100
KO	COCACOLACO	5,803	$278K	0.2%	$52.26	—	COM	191216100
—	COMPUTER ASSOC INTL INC	26,925	$258K	0.2%	$21.56	—	COM	204912109
—	WALGREEN CO	8,200	$252K	0.2%	$39.19	—	COM	931422109
ORCL	ORACLE CORP	31,700	$249K	0.2%	$12.80	—	COM	68389X105
—	UNOCAL CORP	7,850	$246K	0.2%	$36.80	—	COM	915289102
—	AMERICAN STRATEGIC INCOME II	20,070	$245K	0.2%	$11.89	—	COM	03009T101
JNJ	JOHNSON & JOHNSON	4,370	$236K	0.2%	$64.95	—	COM	478160104
UNP	UNION PAC CORP	4,072	$236K	0.2%	$62.14	—	COM	907818108
IBM	INTERNATIONAL BUSINESS MACHS	4,020	$234K	0.2%	$89.56	—	COM	459200101
—	COLONIAL MUN INCOME TR	37,800	$228K	0.2%	$5.55	—	SH BEN INT	195799101
WDFC	WD-40 CO	7,760	$224K	0.2%	$27.76	—	COM	929236107
—	NUVEEN INSD QUALITY MUN FD I	13,600	$223K	0.2%	$14.70	—	COM	67062N103
IDA	IDACORPINC	8,580	$209K	0.1%	$24.33	—	COM	451107106
—	UNION PLANTERS CORP	7,500	$206K	0.1%	$42.78	—	COM	908068109
—	SALOMON BROS HIGH INCOME FD	20,600	$186K	0.1%	$11.45	—	COM	79547Q106
—	ZWEIG TOTAL RETURN FD INC	30,950	$184K	0.1%	$7.08	—	COM	989837109
TXN	TEXAS INSTRS INC	12,200	$180K	0.1%	$33.10	—	COM	882508104
—	UNITED DOMINION REALTY TR IN	11,000	$175K	0.1%	$15.84	—	COM	910197102
—	NUVEEN ARIZ PREM INCOME MUN	10,000	$164K	0.1%	$16.08	—	COM	67061W104
—	PUTNAM MUN BD ED INC	12,046	$155K	0.1%	$11.88	—	SH BEN INT	74683V100
—	ISCO INC	18,030	$153K	0.1%	$9.95	—	COM	464268101
—	COLONIAL INVT GRADE MUN TR	13,800	$151K	0.1%	$10.02	—	SH BEN INT	195768106
—	LEVEL3 COMMUNICATIONS INC	17,610	$68,503	0.0%	$3.59	—	COM	52729N100
—	RITEAID CORP	18,200	$38,220	0.0%	$3.46	—	COM	767754104
—	LUCENT TECHNOLOGIES INC:	24,667	$18,747	0.0%	$4.73	—	COM	549463107