Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SYY	SYSCOCORP	3,303,298	$89.92M	58.6%	$29.82	—	COM	871829107
—	ALLTEL CORP	148,788	$6.993M	4.6%	$55.55	—	COM	020039103
XOM	EXXON MOBIL CORP	131,584	$5.384M	3.5%	$43.78	—	COM	30231G102
WFC	WELLS FARGO & CO NEW	80,891	$4.049M	2.6%	$49.40	—	COM	949746101
USB	USBANCORPDEL	141,032	$3.293M	2.1%	$22.57	—	COM NEW	902973304
CVX	CHEVRONTEXACO CORP	24,178	$2.14M	1.4%	$90.27	—	COM	166764100
MSFT	MICROSOFT CORP	36,798	$2.013M	1.3%	$60.31	—	COM	594918104
AMAT	APPLIED MATLS INC	78,400	$1.491M	1.0%	$36.71	—	COM	038222105
—	OPPENHEIMER MULTI-SECTOR INC	184,875	$1.449M	0.9%	$8.55	—	SH BEN INT	683933105
—	BERKSHIRE HATHAWAY INC DEL	583	$1.302M	0.8%	$2369.00	—	CLB	084670207
—	GENERAL ELEC CO	43,768	$1.271M	0.8%	$37.45	—	COM	369604103
INTC	INTELCORP	69,080	$1.262M	0.8%	$30.41	—	COM	458140100
PFE	PFIZERINC	32,969	$1.154M	0.8%	$39.19	—	COM	717081103
—	MFS CHARTER INCOME TR	121,950	$1.035M	0.7%	$8.12	—	SH BEN INT	552727109
BSX	BOSTON SCIENTIFIC CORP	35,100	$1.029M	0.7%	$25.09	—	COM	101137107
—	MERCK &COINC	18,560	$940K	0.6%	$57.58	—	COM	589331107
—	CITIGROUP INC	24,100	$934K	0.6%	$48.89	—	COM	172967101
—	WASHINGTON MUT INC	25,075	$931K	0.6%	$33.39	—	COM	939322103
—	ZALECORPNEW	24,850	$901K	0.6%	$40.60	—	COM	988858106
—	MOTOROLAINC	59,900	$874K	0.6%	$14.22	—	COM	620076109
—	STEWART ENTERPRISES INC	130,142	$829K	0.5%	$5.99	—	CL A	860370105
HON	HONEYWELL INTL INC	23,225	$818K	0.5%	$38.02	—	COM	438516106
—	GANNETT INC	10,775	$818K	0.5%	$76.10	—	COM	364730101
—	KING PHARMACEUTICALS INC	35,866	$798K	0.5%	$22.25	—	CoM	495582108
—	CREDIT SUISSE ASSET MGMT INC	157,189	$758K	0.5%	$5.69	—	COM	224916106
—	SUNGARD DATA SYS INC	26,725	$708K	0.5%	$32.13	—	COM	867363103
—	INGERSOLL-RAND COMPANY LTD	15,300	$699K	0.5%	$50.02	—	CLA	G4776G101
—	MARATHON OIL CORP	24,550	$666K	0.4%	$28.52	—	COM	565849106
PAYX	PAYCHEX INC	21,275	$666K	0.4%	$39.13	—	COM	704326107
EQR	EQUITY RESIDENTIAL	22,330	$642K	0.4%	$28.74	—	SH BEN INT	29476L107
—	MAYTAG CORP	14,975	$639K	0.4%	$44.25	—	COM	578592107
CAG	CONAGRA FOODS INC	22,798	$630K	0.4%	$24.25	—	COM	205887102
—	BANK ONE CORP	16,169	$622K	0.4%	$41.78	—	COM	06423A103
CAH	CARDINAL HEALTH INC	10,000	$614K	0.4%	$68.47	—	COM	14149Y108
KBH	KBHOME	11,650	$600K	0.4%	$43.40	—	COM	48666K109
HD	HOME DEPOT INC	16,001	$588K	0.4%	$44.23	—	COM	437076102
DIS	DISNEY	30,172	$570K	0.4%	$23.08	—	COM DISNEY	254687106
FNMA	FEDERAL NATL MTG ASSN	7,700	$568K	0.4%	$79.88	—	COM	313586109
—	COMPUTER ASSOC INTL INC	34,950	$555K	0.4%	$21.56	—	COM	204912109
TXN	TEXAS INSTRS INC	22,200	$526K	0.3%	$33.10	—	COM	882508104
APD	AIR PRODS & CHEMS INC	9,901	$500K	0.3%	$51.65	—	COM	009158106
—	FIRSTDATA CORP	12,750	$474K	0.3%	$62.23	—	COM	319963104
CSCO	CISCOSYSINC	33,266	$464K	0.3%	$16.86	—	COM	17275R102
BMY	BRISTOL MYERS SQUIBB CO	18,020	$463K	0.3%	$40.49	—	COM	110122108
—	MANAGED HIGH INCOME PORTFOLI	72,700	$438K	0.3%	$7.32	—	COM	56166C105
—	SAFEWAY INC	14,425	$421K	0.3%	$39.94	—	COM NEW	786514208
—	SCHERING PLOUGH CORP	16,975	$418K	0.3%	$30.71	—	COM	806605101
ZION	ZIONS BANCORPORATION	8,000	$417K	0.3%	$59.27	—	COM	989701107
—	MORGAN STANLEY HIGH YIELD FD	67,350	$414K	0.3%	$7.16	—	COM	61744M104
TRN	TRINITY INDS INC	19,100	$396K	0.3%	$23.08	—	COM	896522109
CLX	CLOROX CO DEL	8,650	$358K	0.2%	$43.63	—	COM	189054109
BDX	BECTON DICKINSON & CO	10,300	$355K	0.2%	$37.72	—	COM	075887109
KO	COCACOLACO	6,103	$342K	0.2%	$52.26	—	COM	191216100
—	DREYFUS MUN INCOME INC	36,383	$335K	0.2%	$8.62	—	COM	26201R102
—	WALGREEN CO	8,200	$317K	0.2%	$39.19	—	COM	931422109
ORCL	ORACLE CORP	31,700	$300K	0.2%	$12.80	—	COM	68389X105
—	VAN KAMPEN VALUE MUN INCOME	19,850	$291K	0.2%	$13.70	—	COM \|	921132106
—	BLACKROCK INCOME TR INC	36,300	$284K	0.2%	$7.37	—	COM	09247F100
—	UNOCAL CORP	7,650	$283K	0.2%	$36.94	—	COM	915289102
—	HYPERION TOTAL RETURN & INCO	28,750	$275K	0.2%	$8.84	—	COM	449145101
UNP	UNION PAC CORP	4,072	$258K	0.2%	$62.14	—	COM	907818108
—	AMERICAN STRATEGIC INCOME II	20,570	$257K	0.2%	$11.89	—	COM	03009T101
IBM	INTERNATIONAL BUSINESS MACHS	3,520	$253K	0.2%	$94.00	—	COM	459200101
—	UNION PLANTERS CORP	7,500	$243K	0.2%	$42.78	—	COM	908068109
JNJ	JOHNSON & JOHNSON	4,370	$228K	0.1%	$64.95	—	COM	478160104
VZ	VERIZON COMMUNICATIONS	5,681	$228K	0.1%	$46.10	—	COM	92343V104
—	COLONIAL MUN INCOME TR	37,800	$223K	0.1%	$5.55	—	SH BEN INT	195799101
CMA	COMERICAINC	3,534	$217K	0.1%	$62.57	—	COM	200340107
—	SHURGARD STORAGE CTRS	6,250	$217K	0.1%	$33.90	—	COM	82567D104
WDFC	WD-40 CO	7,760	$215K	0.1%	$27.76	—	COM	929236107
—	NUVEEN INSD QUALITY MUN FD I	13,600	$214K	0.1%	$14.70	—	COM	67062N103
—	LAFARGE NORTH AMERICA INC	6,050	$213K	0.1%	$43.24	—	COM	505862102
—	SALOMON BROS HIGH INCOME FD	20,600	$193K	0.1%	$11.45	—	COM	79547Q106
—	ZWEIG TOTAL RETURN FD INC	30,950	$191K	0.1%	$7.08	—	COM	989837109
—	UNITED DOMINION REALTY TR IN	11,200	$176K	0.1%	$15.84	—	COM	910197102
—	NUVEEN ARIZ PREM INCOME MUN	10,000	$172K	0.1%	$16.08	—	COM	67061W104
—	ISCO INC	18,030	$167K	0.1%	$9.95	—	COM	464268101
—	PUTNAM MUN BD ED INC	12,046	$154K	0.1%	$11.88	—	SH BEN INT	74683V100
—	COLONIAL INVT GRADE MUN TR	13,800	$147K	0.1%	$10.02	—	SH BEN INT	195768106
—	RITEAID CORP	39,500	$92,825	0.1%	$3.46	—	COM	767754104
—	LUCENT TECHNOLOGIES INC:	36,849	$61,169	0.0%	$4.73	—	COM	549463107
—	LEVEL3 COMMUNICATIONS INC	16,010	$47,230	0.0%	$3.56	—	COM	52729N100
—	EF JOHNSON TECHNOLOGIES INC	11,048	$12,484	0.0%	$1.13	—	COM	26843B101