UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2005
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Piper Jaffray Companies
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Address: 800 Nicollet Mall
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Suite 800
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Minneapolis, MN 55402-7020
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Form 13F File Number: 28-10776
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Tim Carter
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Title: Controller
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Phone: 612-303-6000
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Signature, Place, and Date of Signing:
/s/ Tim Carter Minneapolis, MN 2/1/06
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[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
FORM 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 1,590
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Form 13F Information Table Value Total: $ 489,648
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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3COM CORP COM 885535104 1 225 SH SOLE 225
3M CO COM 88579Y101 2553 32,936 SH SOLE 32,936
A D C TELECOMMUNICATIONS COM NEW 000886309 2098 94,001 SH SOLE 94,001
A S V INC COM 001963107 7 280 SH SOLE 280
ABB LTD SPONSORED ADR 000375204 19 2,000 SH SOLE 2,000
ABBEY NATL PLC ADR PRF B7.375 002920700 8 300 SH SOLE 300
ABBOTT LABS COM 002824100 1663 42,175 SH SOLE 42,175
ABERCROMBIE & FITCH CO CL A 002896207 1 22 SH SOLE 22
ABERDEEN ASIA PACIFIC INCOM COM 003009107 10 1,800 SH SOLE 1,800
ABGENIX INC NOTE 1.750%12/1 00339BAD9 149 85,000 PRN SOLE 85000
ABIOMED INC COM 003654100 9 1,000 SH SOLE 1,000
ACADIA PHARMACEUTICALS INC COM 004225108 1 100 SH SOLE 100
ACCENTURE LTD BERMUDA CL A G1150G111 127 4,403 SH SOLE 4,403
ACCO BRANDS CORP COM 00081T108 3 140 SH SOLE 140
ACCREDITED HOME LENDRS HLDG COM 00437P107 1 11 SH SOLE 11
ACE LTD ORD G0070K103 48 900 SH SOLE 900
ACM INCOME FUND INC COM 000912105 20 2,380 SH SOLE 2,380
ACTIVISION INC NEW COM NEW 004930202 23 1,653 SH SOLE 1,653
ADAMS EXPRESS CO COM 006212104 26 2,100 SH SOLE 2,100
ADOBE SYS INC COM 00724F101 457 12,374 SH SOLE 114 12,260
ADVANCED MEDICAL OPTICS INC COM 00763M108 2 55 SH SOLE 55
ADVANCED MICRO DEVICES INC COM 007903107 104 3,394 SH SOLE 3,394
ADVANCED MICRO DEVICES INC COM 007903107 306 10,000 SH PUT SOLE 10000
ADVENT CLAYMORE CV SECS & IN COM 00764C109 178 7,923 SH SOLE 7,923
ADVENT CLAYMORE ENH GRW & IN COM 00765E104 128 7,850 SH SOLE 7,850
ADVISORY BRD CO COM 00762W107 47 993 SH SOLE 993
AES CORP COM 00130H105 2435 153,832 SH SOLE 153,832
AETNA INC NEW COM 00817Y108 39 415 SH SOLE 415
AEW REAL ESTATE INCOME FD COM 00104H107 15 800 SH SOLE 800
AFFILIATED COMPUTER SERVICES CL A 008190100 6 100 SH SOLE 100
AFFYMETRIX INC COM 00826T108 3 70 SH SOLE 70
AFLAC INC COM 001055102 60 1,295 SH SOLE 1,295
AGCO CORP COM 001084102 75 4,539 SH SOLE 4,539
AGERE SYS INC COM 00845V308 4 278 SH SOLE 278
AGILENT TECHNOLOGIES INC COM 00846U101 251 7,530 SH SOLE 7,530
AIM SELECT REAL ESTATE INCM SHS 00888R107 109 7,300 SH SOLE 7,300
AIR PRODS & CHEMS INC COM 009158106 1516 25,617 SH SOLE 25,617
AIRSPAN NETWORKS INC COM 00950H102 1 100 SH SOLE 100
AIRTRAN HLDGS INC COM 00949P108 215 13,400 SH SOLE 13,400
AIXTRON AKTIENGESELLSCHAFT SPONSORED ADR 009606104 3 1,020 SH SOLE 1,020
AKAMAI TECHNOLOGIES INC COM 00971T101 29 1,480 SH SOLE 1,480
ALBERTSONS INC COM 013104104 844 39,555 SH SOLE 39,555
ALCAN INC COM 013716105 7 175 SH SOLE 175
ALCOA INC COM 013817101 534 18,062 SH SOLE 18,062
ALCON INC COM SHS H01301102 26 19 8 SH SOLE 198
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
ALEXION PHARMACEUTICALS INC COM 015351109 4 215 SH SOLE 100 115
ALIGN TECHNOLOGY INC COM 016255101 3 500 SH SOLE 500
ALKERMES INC COM 01642T108 112 5,876 SH SOLE 5,876
ALLEGHENY ENERGY INC COM 017361106 63 2,000 SH SOLE 2,000
ALLERGAN INC COM 018490102 219 2,031 SH SOLE 2,031
ALLIANCE CAP MGMT HLDG L P UNIT LTD PARTN 01855A101 603 10,677 SH SOLE 10,677
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 2 60 SH SOLE 60
ALLIANCE WORLD DLR GV FD INC COM 018796102 14 1,142 SH SOLE 1,142
ALLIANT ENERGY CORP COM 018802108 6 199 SH SOLE 199
ALLIANT TECHSYSTEMS INC COM 018804104 13 175 SH SOLE 175
ALLIANZ AKTIENGESELLSCHAFT SP ADR 1/10 SH 018805101 10 650 SH SOLE 650
ALLIED CAP CORP NEW COM 01903Q108 65 2,200 SH SOLE 2,200
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 107 12,200 SH SOLE 12,200
ALLOY INC COM 019855105 6 2,000 SH SOLE 2,000
ALLSTATE CORP COM 020002101 828 15,305 SH SOLE 15,305
ALLTEL CORP COM 020039103 30 469 SH SOLE 469
ALPHA NATURAL RESOURCES INC COM 02076X102 1 41 SH SOLE 41
ALTERA CORP COM 021441100 11 597 SH SOLE 597
ALTRIA GROUP INC COM 02209S103 1322 17,691 SH SOLE 17,691
ALVARION LTD SHS M0861T100 6 636 SH SOLE 636
AMAZON COM INC COM 023135106 174 3,700 SH SOLE 3,700
AMBAC FINL GROUP INC COM 023139108 20 255 SH SOLE 255
AMCORE FINL INC COM 023912108 1 27 SH SOLE 27
AMDOCS LTD ORD G02602103 12 430 SH SOLE 430
AMEREN CORP COM 023608102 211 4,110 SH SOLE 4,110
AMERICA MOVIL S A DE C V SPON ADR L SHS 02364W105 23 775 SH SOLE 775
AMERICAN AXLE & MFG HLDGS IN COM 024061103 1 40 SH SOLE 40
AMERICAN CAPITAL STRATEGIES COM 024937104 192 5,300 SH SOLE 5,300
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2 100 SH SOLE 100
AMERICAN ELEC PWR INC COM 025537101 96 2,600 SH SOLE 2,600
AMERICAN EXPRESS CO COM 025816109 285 5,543 SH SOLE 5,543
AMERICAN FINL RLTY TR COM 02607P305 2 151 SH SOLE 151
AMERICAN HEALTHWAYS INC COM 02649V104 45 1,000 SH SOLE 1,000
AMERICAN HOME MTG INVT CORP COM 02660R107 2 51 SH SOLE 51
AMERICAN INTL GROUP INC COM 026874107 764 11,197 SH SOLE 11,197
AMERICAN MED SYS HLDGS INC COM 02744M108 12 678 SH SOLE 678
AMERICAN MUN INCOME PORTFOLI COM 027649102 61 4,238 SH SOLE 4,238
AMERICAN PHARMACEUTICALS PTN COM 02886P109 19 480 SH SOLE 480
AMERICAN SELECT PORTFOLIO IN COM 029570108 132 10,650 SH SOLE 10,650
AMERICAN STD COS INC DEL COM 029712106 34 843 SH SOLE 843
AMERICAN STRATEGIC INCM PTFL COM 030098107 50 4,700 SH SOLE 4,700
AMERICAN STRATEGIC INCOME II COM 03009T101 199 18,563 SH SOLE 18,563
AMERICAN STS WTR CO COM 029899101 9 300 SH SOLE 300
AMERICAN TOWER CORP CL A 029912201 22 800 SH SOLE 800
AMERICANWEST BANCORPORATION COM 03058P109 5 200 SH SOLE 200
AMERIPRISE FINL INC COM 03076C106 38 923 SH SOLE 923
AMERISTAR CASINOS INC COM 03070Q101 2 80 SH SOLE 80
AMERITRADE HLDG CORP NEW COM 03074K100 17 700 SH SOLE 100 600
AMERN STRATEGIC INCOME PTFL COM 030099105 40 3,700 SH SOLE 3,700
AMERON INTL INC COM 030710107 5 100 SH SOLE 100
AMGEN INC COM 031162100 3324 42,153 SH SOLE 42,153
AMR CORP COM 001765106 14 608 SH SOLE 608
AMSOUTH BANCORPORATION COM 032165102 56 2,150 SH SOLE 2,150
AMYLIN PHARMACEUTICALS INC COM 032346108 466 11,679 SH SOLE 11600 79
ANADARKO PETE CORP COM 032511107 716 7,562 SH SOLE 7,562
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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ANADIGICS INC COM 032515108 7 1,086 SH SOLE 1,086
ANALOG DEVICES INC COM 032654105 361 10,071 SH SOLE 10,071
ANALYSTS INTL CORP COM 032681108 1 250 SH SOLE 250
ANDREW CORP COM 034425108 5 460 SH SOLE 460
ANDRX CORP DEL ANDRX GROUP 034553107 3 200 SH SOLE 200
ANGLO AMERN PLC ADR 03485P102 33 940 SH SOLE 940
ANHEUSER BUSCH COS INC COM 035229103 322 7,505 SH SOLE 7,505
ANIMAS CORP DEL COM 03525Y105 200 8,300 SH SOLE 8,300
ANNALY MTG MGMT INC COM 035710409 22 2,000 SH SOLE 2,000
ANNTAYLOR STORES CORP COM 036115103 1 30 SH SOLE 30
ANSYS INC COM 03662Q105 4 100 SH SOLE 100
ANTHRACITE CAP INC COM 037023108 95 9,000 SH SOLE 9,000
AON CORP COM 037389103 441 12,260 SH SOLE 12,260
APACHE CORP COM 037411105 2253 32,876 SH SOLE 32,876
APEX SILVER MINES LTD ORD G04074103 61 3,820 SH SOLE 3,820
APOGEE ENTERPRISES INC COM 037598109 1 48 SH SOLE 48
APOLLO GROUP INC CL A 037604105 50 835 SH SOLE 835
APPLE COMPUTER INC COM 037833100 1014 14,111 SH SOLE 14,111
APPLEBEES INTL INC COM 037899101 2 100 SH SOLE 100
APPLIED MATLS INC COM 038222105 206 11,505 SH SOLE 11,505
APPLIED MICRO CIRCUITS CORP COM 03822W109 5 2,038 SH SOLE 500 1,538
APRIA HEALTHCARE GROUP INC COM 037933108 1 30 SH SOLE 30
APTARGROUP INC COM 038336103 10 200 SH SOLE 200
AQUA AMERICA INC COM 03836W103 53 1,932 SH SOLE 1,932
AQUILA INC COM 03840P102 6 1,586 SH SOLE 1,586
ARBITRON INC COM 03875Q108 5 120 SH SOLE 120
ARCH COAL INC COM 039380100 44 550 SH SOLE 550
ARCHER DANIELS MIDLAND CO COM 039483102 27 1,106 SH SOLE 1,106
ARCHIPELAGO HLDG INC COM 03957A104 1 20 SH SOLE 20
ARCHSTONE SMITH TR COM 039583109 10 250 SH SOLE 250
ARENA PHARMACEUTICALS INC COM 040047102 4 298 SH SOLE 298
ARIAD PHARMACEUTICALS INC COM 04033A100 1 200 SH SOLE 200
ARMOR HOLDINGS INC COM 042260109 9 200 SH SOLE 200
ARRAY BIOPHARMA INC COM 04269X105 6 900 SH SOLE 100 800
ARROW ELECTRS INC COM 042735100 19 600 SH SOLE 600
ARTHROCARE CORP COM 043136100 12 274 SH SOLE 274
ASA BERMUDA LIMITED COM G3156P103 184 3,350 SH SOLE 3,350
ASHLAND INC NEW COM 044209104 440 7,600 SH SOLE 7,600
ASIA PAC FD INC COM 044901106 523 31,503 SH SOLE 31,503
ASPECT MED SYS INC COM 045235108 968 28,170 SH SOLE 28,170
ASSOCIATED BANC CORP COM 045487105 107 3,280 SH SOLE 3,280
ASTORIA FINL CORP COM 046265104 31 1,052 SH SOLE 1,052
ASTRAZENECA PLC SPONSORED ADR 046353108 350 7,200 SH SOLE 7,200
AT ROAD INC COM 04648K105 5 900 SH SOLE 900
AT&T INC COM 00206R102 1780 72,685 SH SOLE 72,685
ATHEROGENICS INC COM 047439104 4 200 SH SOLE 200
ATLAS AMER INC COM 049167109 291 4,838 SH SOLE 4,838
ATMEL CORP COM 049513104 5 1,500 SH SOLE 1,500
ATMI INC COM 00207R101 23 805 SH SOLE 805
ATMOS ENERGY CORP COM 049560105 14 524 SH SOLE 524
AUDIOCODES LTD ORD M15342104 30 2,680 SH SOLE 2,680
AULT INC COM 051503100 1 448 SH SOLE 448
AUTODESK INC COM 052769106 24 560 SH SOLE 560
AUTOLIV INC COM 052800109 9 190 SH SOLE 190
AUTOMATIC DATA PROCESSING IN COM 053015103 324 7,069 SH SOLE 7,069
AUTONATION INC COM 05329W102 3 150 SH SOLE 150
AUTOZONE INC COM 053332102 2125 23,160 SH SOLE 23,160
AVALONBAY CMNTYS INC COM 053484101 5 55 SH SOLE 55
AVATAR HLDGS INC COM 053494100 1 10 SH SOLE 10
AVAYA INC COM 053499109 20 1,855 SH SOLE 1,855
AVERY DENNISON CORP COM 053611109 530 9,582 SH SOLE 9,582
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
AVON PRODS INC COM 054303102 2222 77,813 SH SOLE 77,813
AXA SPONSORED ADR 054536107 3 90 SH SOLE 90
AZTAR CORP COM 054802103 1 40 SH SOLE 40
BAKER HUGHES INC COM 057224107 671 11,033 SH SOLE 11,033
BALL CORP COM 058498106 6 145 SH SOLE 145
BALLANTYNE OMAHA INC COM 058516105 5 1,000 SH SOLE 1,000
BALLARD PWR SYS INC COM 05858H104 5 1,235 SH SOLE 1,235
BANCOLOMBIA S A SPON ADR PREF 05968L102 12 410 SH SOLE 410
BANK HAWAII CORP COM 062540109 1 20 SH SOLE 20
BANK MONTREAL QUE COM 063671101 12 214 SH SOLE 214
BANK NEW YORK INC COM 064057102 591 18,551 SH SOLE 18,551
BANK OF AMERICA CORPORATION COM 060505104 1504 32,587 SH SOLE 32,587
BANK OF THE OZARKS INC COM 063904106 5 132 SH SOLE 132
BARCLAYS PLC ADR 06738E204 173 4,120 SH SOLE 4,120
BARD C R INC COM 067383109 10 150 SH SOLE 150
BARNES & NOBLE INC COM 067774109 6 135 SH SOLE 135
BARR PHARMACEUTICALS INC COM 068306109 19 300 SH SOLE 300
BARRICK GOLD CORP COM 067901108 22 802 SH SOLE 802
BAUSCH & LOMB INC COM 071707103 253 3,725 SH SOLE 3,725
BAXTER INTL INC COM 071813109 946 25,130 SH SOLE 25,130
BB&T CORP COM 054937107 4 100 SH SOLE 100
BCE INC COM 05534B109 7 285 SH SOLE 285
BEA SYS INC COM 073325102 74 7,888 SH SOLE 7,888
BEAR STEARNS COS INC COM 073902108 39 340 SH SOLE 340
BEAZER HOMES USA INC COM 07556Q105 12 161 SH SOLE 161
BECTON DICKINSON & CO COM 075887109 17 280 SH SOLE 280
BED BATH & BEYOND INC COM 075896100 194 5,358 SH SOLE 5,358
BELLSOUTH CORP COM 079860102 913 33,700 SH SOLE 33,700
BELO CORP COM SER A 080555105 10 487 SH SOLE 487
BEMIS INC COM 081437105 875 31,400 SH SOLE 31,400
BERKLEY W R CORP COM 084423102 49 1,029 SH SOLE 1,029
BERKSHIRE HATHAWAY INC DEL CL B 084670207 4641 1,581 SH SOLE 1,581
BERRY PETE CO CL A 085789105 11 20 SH SOLE 200
BEST BUY INC COM 086516101 2477 6,959 SH SOLE 9450 47,509
BEVERLY ENTERPRISES INC COM NEW 087851309 79 6,730 SH SOLE 6,730
BG PLC ADR FIN INST N 055434203 5 100 SH SOLE 100
BHP BILLITON LTD SPONSORED ADR 088606108 20 600 SH SOLE 600
BIOCRYST PHARMACEUTICALS COM 09058V103 2 90 SH SOLE 90
BIOGEN IDEC INC COM 09062X103 3 70 SH SOLE 70
BIOMET INC COM 090613100 73 2,008 SH SOLE 2,008
BIOSCRIP INC COM 09069N108 2 224 SH SOLE 224
BIOSITE INC COM 090945106 23 400 SH SOLE 400
BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 20 100 SH SOLE 100
BIOVAIL CORP COM 09067J109 24 1,000 SH SOLE 1,000
BLACK & DECKER CORP COM 091797100 604 6,940 SH SOLE 6,940
BLACK HILLS CORP COM 092113109 53 1,531 SH SOLE 1,531
BLACKROCK BROAD INVT GRD 200 COM 09247Q106 3 200 SH SOLE 200
BLACKROCK DIVID ACHIEVRS TM COM 09250N107 266 21,350 SH SOLE 21,350
BLACKROCK ENHANCED DIV ACHV COM 09251A104 159 12,400 SH SOLE 12,400
BLACKROCK GLOBAL FLG INC TR COM 091941104 309 18,025 SH SOLE 18,025
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 99 4,400 SH SOLE 4,400
BLACKROCK INCOME OPP TRUST I COM 092475102 27 2,500 SH SOLE 2,500
BLACKROCK INCOME TR INC COM 09247F100 2 250 SH SOLE 250
BLACKROCK S&P QLTY RK EQ MD SHS BEN INT 09250D109 116 8,100 SH SOLE 8,100
BLACKROCK STRAT DIVD ACHIEVE COM 09249Y107 252 19,450 SH SOLE 19,450
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 801 6,947 SH SOLE 6,947
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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BLOCK H & R INC COM 093671105 3 140 SH SOLE 140
BLUE CHIP VALUE FD INC COM 095333100 21 3,294 SH SOLE 3,294
BOEING CO COM 097023105 247 3,521 SH SOLE 3,521
BOOKHAM INC COM 09856E105 81 14,200 SH SOLE 14,200
BORDERS GROUP INC COM 099709107 11 500 SH SOLE 500
BOSTON PRIVATE FINL HLDGS IN COM 101119105 6 200 SH SOLE 200
BOSTON SCIENTIFIC CORP COM 101137107 847 34,600 SH SOLE 34,600
BOULDER GROWTH & INCOME FD I COM 101507101 116 16,600 SH SOLE 16,600
BOULDER TOTAL RETURN FD INC COM 101541100 126 7,400 SH SOLE 7,400
BOYD GAMING CORP COM 103304101 20 420 SH SOLE 420
BP PLC SPONSORED ADR 055622104 900 14,020 SH SOLE 14,020
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 7 100 SH SOLE 100
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 6 225 SH SOLE 225
BRIGHAM EXPLORATION CO COM 109178103 6 500 SH SOLE 500
BRINKS CO COM 109696104 3 60 SH SOLE 60
BRISTOL MYERS SQUIBB CO COM 110122108 701 30,511 SH SOLE 30,511
BROADCOM CORP CL A 111320107 5 100 SH SOLE 100
BROOKS AUTOMATION INC COM 114340102 7 550 SH SOLE 550
BROWN & BROWN INC COM 115236101 24 800 SH SOLE 800
BROWN FORMAN CORP CL B 115637209 2 25 SH SOLE 25
BRUNSWICK CORP COM 117043109 8 200 SH SOLE 200
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 26 608 SH SOLE 608
BUILDING MATLS HLDG CORP COM 120113105 24 350 SH SOLE 350
BUNGE LIMITED COM G16962105 30 525 SH SOLE 525
BURLINGTON NORTHN SANTA FE C COM 12189T104 1035 14,617 SH SOLE 14,617
BURLINGTON RES INC COM 122014103 492 5,710 SH SOLE 5,710
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 37 1,012 SH SOLE 112 900
CABELAS INC COM 126804301 2 100 SH SOLE 100
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 1 55 SH SOLE 55
CABOT MICROELECTRONICS CORP COM 12709P103 6 200 SH SOLE 200
CADENCE DESIGN SYSTEM INC COM 127387108 4 261 SH SOLE 261
CADMUS COMMUNICATIONS CORP COM 127587103 2 80 SH SOLE 80
CAL DIVE INTL INC COM 127914109 81 2,260 SH SOLE 2,260
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 261 16,627 SH SOLE 16,627
CALAMOS GLOBAL TOTAL RETURN COM SH BEN INT 128118106 116 8,200 SH SOLE 8,200
CALAMOS STRATEGIC TOTL RETN COM SH BEN INT 128125101 269 19,915 SH SOLE 19,915
CALLIDUS SOFTWARE INC COM 13123E500 1 200 SH SOLE 200
CAMBRIDGE DISPLAY TECH INC COM 132193103 26 3,045 SH SOLE 3,045
CAMDEN PPTY TR SH BEN INT 133131102 23 398 SH SOLE 398
CAMECO CORP COM 13321L108 35 560 SH SOLE 560
CAMPBELL SOUP CO COM 134429109 430 14,438 SH SOLE 14,438
CANADA SOUTHN PETE LTD COM 135231108 103 16,000 SH SOLE 16,000
CANADIAN NAT RES LTD COM 136385101 369 7,443 SH SOLE 7,443
CANON INC ADR 138006309 30 506 SH SOLE 506
CAPITAL & INCM STRTGS FD INC COM 13971Y103 136 7,900 SH SOLE 7,900
CAPITAL CITY BK GROUP INC COM 139674105 1 40 SH SOLE 40
CAPITAL ONE FINL CORP COM 14040H105 64 744 SH SOLE 744
CAPITALSOURCE INC COM 14055X102 4 200 SH SOLE 200
CAPITOL BANCORP LTD COM 14056D105 4 100 SH SOLE 100
CAPITOL FED FINL COM 14057C106 43 1,300 SH SOLE 1,300
CAPSTEAD MTG CORP COM NO PAR 14067E506 2 400 SH SOLE 400
CARDINAL HEALTH INC COM 14149Y108 198 2,880 SH SOLE 2,880
CAREMARK RX INC COM 141705103 116 2,240 SH SOLE 2,240
CARIBOU COFFEE INC COM 142042209 1 50 SH SOLE 50
CARNIVAL CORP PAIRED CTF 143658300 596 11,151 SH SOLE 11,151
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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CARTER INC COM 146229109 65 1,100 SH SOLE 1,100
CASCADE NAT GAS CORP COM 147339105 4 200 SH SOLE 200
CATERPILLAR INC DEL COM 149123101 1350 23,366 SH SOLE 23,366
CATHAY GENERAL BANCORP COM 149150104 7 200 SH SOLE 200
CB RICHARD ELLIS GROUP INC CL A 12497T101 112 1,910 SH SOLE 1,910
CEDAR FAIR L P DEPOSITRY UNIT 150185106 29 1,000 SH SOLE 1,000
CELESTICA INC SUB VTG SHS 15101Q108 1 50 SH SOLE 50
CELGENE CORP COM 151020104 110 1,701 SH SOLE 156 1,545
CEMEX S A SPON ADR 5 ORD 151290889 116 1,957 SH SOLE 1,957
CENDANT CORP COM 151313103 583 33,826 SH SOLE 33,826
CENTERPOINT ENERGY INC COM 15189T107 13 1,000 SH SOLE 1,000
CENTEX CORP COM 152312104 7 100 SH SOLE 100
CENTRAL FD CDA LTD CL A 153501101 7 1,000 SH SOLE 1,000
CENTRAL GARDEN & PET CO COM 153527106 1 18 SH SOLE 18
CENTRAL PAC FINL CORP COM 154760102 1 40 SH SOLE 40
CENTURYTEL INC COM 156700106 10 300 SH SOLE 300
CEPHALON INC COM 156708109 6 100 SH SOLE 100
CERADYNE INC COM 156710105 16 375 SH SOLE 375
CERIDIAN CORP NEW COM 156779100 11 460 SH SOLE 460
CERNER CORP COM 156782104 3120 34,315 SH SOLE 34,315
CF INDS HLDGS INC COM 125269100 1577 103,400 SH SOLE 103,400
CHAMPION ENTERPRISES INC COM 158496109 294 21,600 SH SOLE 21,600
CHARLES RIV LABS INTL INC COM 159864107 4 97 SH SOLE 97
CHARTER COMMUNICATIONS INC D CL A 16117M107 1 750 SH SOLE 750
CHATTEM INC COM 162456107 4 100 SH SOLE 100
CHECK POINT SOFTWARE TECH LT ORD M22465104 16 785 SH SOLE 85 700
CHECKFREE CORP NEW COM 162813109 5 100 SH SOLE 100
CHEESECAKE FACTORY INC COM 163072101 409 10,927 SH SOLE 10,927
CHEMED CORP NEW COM 16359R103 20 400 SH SOLE 400
CHEMTURA CORP COM 163893100 2 145 SH SOLE 145
CHENIERE ENERGY INC COM NEW 16411R208 4 100 SH SOLE 100
CHESAPEAKE ENERGY CORP COM 165167107 152 4,800 SH SOLE 4,800
CHEVRON CORP NEW COM 166764100 1151 20,271 SH SOLE 20,271
CHICAGO MERCANTILE HLDGS INC CL A 167760107 48 131 SH SOLE 131
CHICOS FAS INC COM 168615102 191 4,350 SH SOLE 4,350
CHINA FD INC COM 169373107 32 1,400 SH SOLE 1,400
CHINA MOBILE HONG KONG LTD SPONSORED ADR 16941M109 16 660 SH SOLE 660
CHIPMOS TECH BERMUDA LTD SHS G2110R106 2221 382,868 SH SOLE 382,868
CHIRON CORP COM 170040109 27 605 SH SOLE 605
CHOICEPOINT INC COM 170388102 26 575 SH SOLE 575
CHORDIANT SOFTWARE INC COM 170404107 2 836 SH SOLE 836
CHUBB CORP COM 171232101 320 3,275 SH SOLE 3,275
CHURCH & DWIGHT INC COM 171340102 3 81 SH SOLE 81
CIGNA CORP COM 125509109 8 75 SH SOLE 75
CIM HIGH YIELD SECS SH BEN INT 125527101 152 37,400 SH SOLE 37,400
CIMAREX ENERGY CO COM 171798101 163 3,783 SH SOLE 3,783
CINERGY CORP COM 172474108 25 600 SH SOLE 600
CISCO SYS INC COM 17275R102 2249 131,395 SH SOLE 131,395
CIT GROUP INC COM 125581108 16 300 SH SOLE 300
CITADEL BROADCASTING CORP COM 17285T106 24 1,800 SH SOLE 1,800
CITIGROUP INC COM 172967101 5463 112,577 SH SOLE 112,577
CITIZENS COMMUNICATIONS CO COM 17453B101 11 877 SH SOLE 877
CITRIX SYS INC COM 177376100 7 253 SH SOLE 253
CLARIENT INC COM 180489106 10 8,000 SH SOLE 8,000
CLEAN HARBORS INC COM 184496107 390 13,530 SH SOLE 13,530
CLEAR CHANNEL COMMUNICATIONS COM 184502102 9 302 SH SOLE 302
CLEVELAND CLIFFS INC COM 185896107 251 2,835 SH SOLE 2,835
CLOROX CO DEL COM 189054109 443 7,781 SH SOLE 7,781
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
CMGI INC COM 125750109 1 650 SH SOLE 650
CMS ENERGY CORP COM 125896100 13 884 SH SOLE 884
CNOOC LTD SPONSORED ADR 126132109 7 100 SH SOLE 100
COACH INC COM 189754104 679 20,380 SH SOLE 20,380
COBIZ INC COM 190897108 16 900 SH SOLE 900
COCA COLA CO COM 191216100 4468 110,844 SH SOLE 110,844
COEUR D ALENE MINES CORP IDA COM 192108108 7 1,750 SH SOLE 1,750
COGNEX CORP COM 192422103 3338 110,930 SH SOLE 110,930
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 119 2,363 SH SOLE 2,363
COGNOS INC COM 19244C109 270 7,789 SH SOLE 7,789
COHEN & STEERS REIT & PFD IN COM 19247X100 13 500 SH SOLE 500
COHEN & STEERS REIT & UTIL I COM 19247Y108 49 2,800 SH SOLE 2,800
COHEN & STEERS SELECT UTIL F COM 19248A109 8 400 SH SOLE 400
COLDWATER CREEK INC COM 193068103 52 1,700 SH SOLE 1,700
COLGATE PALMOLIVE CO COM 194162103 1594 29,063 SH SOLE 29,063
COLONIAL INVT GRADE MUN TR SH BEN INT 195768106 15 1,400 SH SOLE 1,400
COLUMBIA SPORTSWEAR CO COM 198516106 14 293 SH SOLE 293
COMCAST CORP NEW CL A 20030N101 247 9,512 SH SOLE 9,512
COMCAST CORP NEW CL A SPL 20030N200 331 12,903 SH SOLE 12,903
COMERICA INC COM 200340107 10 170 SH SOLE 170
COMMERCE BANCORP INC NJ COM 200519106 6 187 SH SOLE 187
COMMERCE BANCSHARES INC COM 200525103 4 77 SH SOLE 77
COMMERCE GROUP INC MASS COM 200641108 1 20 SH SOLE 20
COMMERCIAL METALS CO COM 201723103 79 2,110 SH SOLE 2,110
COMMUNITY HEALTH SYS INC NEW COM 203668108 31 797 SH SOLE 797
COMPASS BANCSHARES INC COM 20449H109 1 15 SH SOLE 15
COMPEX TECHNOLOGIES INC COM 204513105 5 775 SH SOLE 775
COMPUTER ASSOC INTL INC COM 204912109 35 1,238 SH SOLE 1,238
COMPUTER PROGRAMS & SYS INC COM 205306103 27 660 SH SOLE 660
COMPUTER SCIENCES CORP COM 205363104 9 174 SH SOLE 174
COMPUWARE CORP COM 205638109 14 1,600 SH SOLE 1,600
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 34 1,100 SH SOLE 1,100
CONAGRA FOODS INC COM 205887102 210 10,336 SH SOLE 10,336
CONEXANT SYSTEMS INC COM 207142100 33 14,592 SH SOLE 14,592
CONEXANT SYSTEMS INC NOTE 4.000% 2/0 207142AF7 67 70,000 PRN SOLE 70,000
CONNETICS CORP COM 208192104 2 142 SH SOLE 142
CONOCOPHILLIPS COM 20825C104 774 13,298 SH SOLE 13,298
CONSOL ENERGY INC COM 20854P109 398 6,110 SH SOLE 6,110
CONSOLIDATED EDISON INC COM 209115104 605 13,054 SH SOLE 13,054
CONSTELLATION BRANDS INC CL A 21036P108 109 4,138 SH SOLE 4,138
CONVERA CORP CL A 211919105 5 500 SH SOLE 500
CONVERGYS CORP COM 212485106 1 60 SH SOLE 60
COOPER INDS LTD CL A G24182100 37 500 SH SOLE 500
COOPER TIRE & RUBR CO COM 216831107 1 45 SH SOLE 45
COPART INC COM 217204106 84 3,650 SH SOLE 3,650
CORE LABORATORIES N V COM N22717107 23 615 SH SOLE 615
CORINTHIAN COLLEGES INC COM 218868107 363 30,822 SH SOLE 30,822
CORNING INC COM 219350105 191 9,740 SH SOLE 9,740
CORPORATE HIGH YIELD FD V IN COM 219931102 8 600 SH SOLE 600
COST PLUS INC CALIF COM 221485105 182 10,600 SH SOLE 10,600
COSTCO WHSL CORP NEW COM 22160K105 3920 79,248 SH SOLE 79,248
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
COTHERIX INC COM 22163T103 2 200 SH SOLE 200
COUNTRYWIDE FINANCIAL CORP COM 222372104 38 1,105 SH SOLE 1,105
COVANCE INC COM 222816100 52 1,079 SH SOLE 1,079
COVENTRY HEALTH CARE INC COM 222862104 100 1,755 SH SOLE 1,755
CREATIVE TECHNOLOGY LTD ORD Y1775U107 4 500 SH SOLE 500
CREDO PETE CORP COM PAR $0.10 225439207 12 720 SH SOLE 720
CREE INC COM 225447101 7 294 SH SOLE 294
CRIIMI MAE INC COM NEW 226603504 1 45 SH SOLE 45
CRIIMI MAE INC PFD B CONV $25 226603207 8 300 SH SOLE 300
CROWN HOLDINGS INC COM 228368106 2 100 SH SOLE 100
CROWN MEDIA HLDGS INC CL A 228411104 9 1,000 SH SOLE 1,000
CSG SYS INTL INC COM 126349109 1 26 SH SOLE 26
CUMMINS INC COM 231021106 13 150 SH SOLE 150
CUTERA INC COM 232109108 8 300 SH SOLE 300
CVS CORP COM 126650100 849 32,129 SH SOLE 32,129
CYBERONICS INC COM 23251P102 55 1,700 SH SOLE 1,700
CYPRESS SEMICONDUCTOR CORP COM 232806109 346 24,298 SH SOLE 24,298
CYPRESS SEMICONDUCTOR CORP NOTE 1.250% 6/1 232806AH2 874 772,000 PRN SOLE 72000
CYTEC INDS INC COM 232820100 20 427 SH SOLE 427
CYTOGEN CORP COM NEW 232824300 2 895 SH SOLE 895
CYTYC CORP COM 232946103 280 9,924 SH SOLE 9,924
D R HORTON INC COM 23331A109 143 4,009 SH SOLE 4,009
DADE BEHRING HLDGS INC COM 23342J206 5 124 SH SOLE 124
DAIMLERCHRYSLER AG ORD D1668R123 25 484 SH SOLE 484
DANA CORP COM 235811106 16 2,200 SH SOLE 2,200
DANAHER CORP DEL COM 235851102 80 1,435 SH SOLE 1,435
DARDEN RESTAURANTS INC COM 237194105 135 3,469 SH SOLE 3,469
DATALINK CORP COM 237934104 7 1,900 SH SOLE 1,900
DAVITA INC COM 23918K108 5 100 SH SOLE 100
DECODE GENETICS INC COM 243586104 244 29,578 SH SOLE 169 29,409
DEERE & CO COM 244199105 1029 15,112 SH SOLE 15,112
DEL MONTE FOODS CO COM 24522P103 2 200 SH SOLE 200
DELAWARE INVTS DIV & INCOME COM 245915103 30 2,584 SH SOLE 2,584
DELIA'S INC NEW COM 246911101 8 1,000 SH SOLE 1,000
DELL INC COM 24702R101 1140 38,064 SH SOLE 38,064
DELUXE CORP COM 248019101 3 100 SH SOLE 100
DENBURY RES INC COM NEW 247916208 4 164 SH SOLE 164
DENDREON CORP COM 24823Q107 1 100 SH SOLE 100
DENTSPLY INTL INC NEW COM 249030107 107 2,000 SH SOLE 2,000
DEVON ENERGY CORP NEW COM 25179M103 611 9,766 SH SOLE 9,766
DEXCOM INC COM 252131107 15 1,000 SH SOLE 1,000
DIAGEO P L C SPON ADR NEW 25243Q205 227 3,890 SH SOLE 3,890
DIAMONDS TR UNIT SER 1 252787106 441 4,125 SH SOLE 4,125
DICKS SPORTING GOODS INC COM 253393102 61 1,837 SH SOLE 1770 67
DIEBOLD INC COM 253651103 8 200 SH SOLE 200
DIGITAL INSIGHT CORP COM 25385P106 42 1,300 SH SOLE 1,300
DIGITAS INC COM 25388K104 1 100 SH SOLE 100
DILLARDS INC CL A 254067101 1 50 SH SOLE 50
DIODES INC COM 254543101 20 660 SH SOLE 660
DISCOVERY HOLDING CO CL A COM 25468Y107 5 308 SH SOLE 308
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
DISNEY WALT CO COM DISNEY 254687106 3082 128,598 SH SOLE 128,598
DJ ORTHOPEDICS INC COM 23325G104 3 100 SH SOLE 100
DNP SELECT INCOME FD COM 23325P104 16 1,500 SH SOLE 1,500
DOLLAR GEN CORP COM 256669102 207 10,840 SH SOLE 10,840
DOLLAR TREE STORES INC COM 256747106 8 320 SH SOLE 320
DOMINION RES INC VA NEW COM 25746U109 58 747 SH SOLE 747
DONALDSON INC COM 257651109 394 12,380 SH SOLE 12,380
DONNELLEY R R & SONS CO COM 257867101 79 2,316 SH SOLE 2,316
DORAL FINL CORP COM 25811P100 31 2,900 SH SOLE 2,900
DOV PHARMACEUTICAL INC COM 259858108 3 200 SH SOLE 200
DOVER CORP COM 260003108 23 571 SH SOLE 571
DOVER SADDLERY INC COM 260412101 1 100 SH SOLE 100
DOW 30 COVERED CALL FD INC COM 260582101 93 5,100 SH SOLE 5,100
DOW CHEM CO COM 260543103 2051 46,801 SH SOLE 46,801
DOW JONES & CO INC COM 260561105 39 1,100 SH SOLE 1,100
DREAMWORKS ANIMATION SKG INC CL A 26153C103 2 70 SH SOLE 70
DREMAN/CLAYMORE DIVID & INC COM 26153R100 115 6,345 SH SOLE 6,345
DREYERS GRAND ICE CREAM HL I COM A CALL PUT 261877104 166 2,000 SH SOLE 2,000
DRIL-QUIP INC COM 262037104 17 350 SH SOLE 350
DTE ENERGY CO COM 233331107 12 272 SH SOLE 272
DU PONT E I DE NEMOURS & CO COM 263534109 734 17,269 SH SOLE 17,269
DUKE ENERGY CORP COM 264399106 1288 46,906 SH SOLE 46,906
DUN & BRADSTREET CORP DEL NE COM 26483E100 9 141 SH SOLE 141
DURA AUTOMOTIVE SYS CAP TR PFD TR CONV 26632M201 149 18,902 SH SOLE 18,902
DURA AUTOMOTIVE SYSTEMS CORP CL A 265903104 3 1,500 SH SOLE 1,500
DYNAMIC MATLS CORP COM 267888105 11 380 SH SOLE 380
DYNEGY INC NEW CL A 26816Q101 35 7,200 SH SOLE 7,200
E M C CORP MASS COM 268648102 742 54,445 SH SOLE 54,445
E TRADE FINANCIAL CORP NOTE 6.000% 2/0 269246AB0 1 500 PRN SOLE 500
E TRADE FINANCIAL CORP COM 269246104 15 697 SH SOLE 697
EAGLE BULK SHIPPING INC COM Y2187A101 8 500 SH SOLE 500
EAST WEST BANCORP INC COM 27579R104 2 47 SH SOLE 47
EASTMAN KODAK CO COM 277461109 23 994 SH SOLE 994
EATON VANCE ENH EQTY INC FD COM 278277108 25 1,400 SH SOLE 1,400
EATON VANCE INS MUN BD FD COM 27827X101 11 700 SH SOLE 700
EATON VANCE LTD DUR INCOME F COM 27828H105 8 500 SH SOLE 500
EATON VANCE SH TM DR DIVR IN COM 27828V104 47 2,800 SH SOLE 2,800
EATON VANCE SR FLTNG RTE TR COM 27828Q105 19 1,092 SH SOLE 1,092
EATON VANCE TX ADV GLBL DIV COM 27828S101 31 1,500 SH SOLE 1,500
EATON VANCE TX MNG BY WRT OP COM 27828Y108 62 3,500 SH SOLE 3,500
EATON VANCE TXMGD GL BUYWR O COM 27829C105 86 5,000 SH SOLE 5,000
EBAY INC COM 278642103 1380 31,936 SH SOLE 100 31,836
ECC CAPITAL CORP COM 26826M108 2 700 SH SOLE 700
ECLIPSYS CORP COM 278856109 2 101 SH SOLE 101
ECOLAB INC COM 278865100 221 6,083 SH SOLE 6,083
ECOLLEGE COM COM 27887E100 1007 55,859 SH SOLE 55,859
EDWARDS AG INC COM 281760108 7 150 SH SOLE 150
EFJ INC COM 26843B101 5 500 SH SOLE 500
EFUNDS CORP COM 28224R101 8 330 SH SOLE 330
EL PASO CORP COM 28336L109 605 49,718 SH SOLE 49,718
ELAN PLC ADR 284131208 34 2,449 SH SOLE 2,449
ELECTRONIC ARTS INC COM 285512109 547 10,460 SH SOLE 10,460
ELECTRONIC DATA SYS NEW COM 285661104 12 505 SH SOLE 505
ELKCORP COM 287456107 3 95 SH SOLE 95
EMDEON CORP COM 290849108 1 115 SH SOLE 115
EMERSON ELEC CO COM 291011104 1253 16,772 SH SOLE 16,772
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 149 3,400 SH SOLE 3,400
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
ENCANA CORP COM 292505104 31 685 SH SOLE 685
ENCYSIVE PHARMACEUTICALS INC COM 29256X107 1 100 SH SOLE 100
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 9 293 SH SOLE 41 252
ENERGIZER HLDGS INC COM 29266R108 41 829 SH SOLE 829
ENERGY CONVERSION DEVICES IN COM 292659109 49 1,200 SH SOLE 1,200
ENERGY INCOME & GROWTH FD COM 292697109 11 500 SH SOLE 500
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 34 1,000 SH SOLE 1,000
ENERPLUS RES FD UNIT TR G NEW 29274D604 101 2,100 SH SOLE 2,100
ENGELHARD CORP COM 292845104 71 2,362 SH SOLE 2,362
ENGINEERED SUPPORT SYS INC COM 292866100 1 29 SH SOLE 29
ENTEGRIS INC COM 29362U104 21 2,217 SH SOLE 2,217
ENTERASYS NETWORKS INC COM NEW 293637401 10 750 SH SOLE 750
ENTERPRISE PRODS PARTNERS L COM 293792107 114 4,762 SH SOLE 4,762
EOG RES INC COM 26875P101 108 1,471 SH SOLE 1,471
EQUITY OFFICE PROPERTIES TRU COM 294741103 16 520 SH SOLE 520
EQUITY RESIDENTIAL SH BEN INT 29476L107 40 1,024 SH SOLE 1,024
ERICSSON L M TEL CO ADR B SEK 10 294821608 36 1,060 SH SOLE 1,060
ERIE INDTY CO CL A 29530P102 5 88 SH SOLE 88
EV3 INC COM 26928A200 15 1,000 SH SOLE 1,000
EVERGREEN INTL BALANCED INCO COM 30024R109 61 3,400 SH SOLE 3,400
EVERGREEN MANAGED INCOME FD COM SHS 30024Y104 66 4,200 SH SOLE 4,200
EVERGREEN SOLAR INC COM 30033R108 3 300 SH SOLE 300
EXCEL TECHNOLOGY INC COM 30067T103 12 520 SH SOLE 520
EXELIXIS INC COM 30161Q104 2 201 SH SOLE 201
EXELON CORP COM 30161N101 140 2,630 SH SOLE 2,630
EXPEDIA INC DEL COM 30212P105 2 95 SH SOLE 95
EXPEDITORS INTL WASH INC COM 302130109 3060 45,329 SH SOLE 45,329
EXPRESS SCRIPTS INC COM 302182100 194 2,310 SH SOLE 2,310
EXXON MOBIL CORP COM 30231G102 3346 59,570 SH SOLE 59,570
EZCORP INC CL A NON VTG 302301106 14 900 SH SOLE 900
FACTSET RESH SYS INC COM 303075105 1 30 SH SOLE 30
FAIR ISAAC CORP COM 303250104 24 535 SH SOLE 535
FAIR ISAAC CORP NOTE 1.500% 8/1 303250AD6 925 834,000 PRN SOLE 34000
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 6 350 SH SOLE 350
FAIRFAX FINL HLDGS LTD SUB VTG 303901102 129 900 SH SOLE 900
FAIRMONT HOTELS RESORTS INC COM 305204109 17 400 SH SOLE 400
FAMILY DLR STORES INC COM 307000109 239 9,635 SH SOLE 9,635
FASTENAL CO COM 311900104 47 1,200 SH SOLE 1,200
FEDERAL HOME LN MTG CORP COM 313400301 152 2,322 SH SOLE 2,322
FEDERAL NATL MTG ASSN COM 313586109 39 793 SH SOLE 793
FEDERATED DEPT STORES INC DE COM 31410H101 5 71 SH SOLE 71
FEDEX CORP COM 31428X106 561 5,430 SH SOLE 5,430
FEI CO COM 30241L109 2 100 SH SOLE 100
FIDELITY BANKSHARES INC NEW COM 31604Q107 1 40 SH SOLE 40
FIDELITY NATL FINL INC COM 316326107 7 200 SH SOLE 200
FIFTH THIRD BANCORP COM 316773100 6 165 SH SOLE 165
FILENET CORP COM 316869106 4088 158,153 SH SOLE 158,153
FINANCIAL FED CORP COM 317492106 785 17,670 SH SOLE 17,670
FIRST AMERN MINN MUN INC FD COM 31849P104 102 7,265 SH SOLE 7,265
FIRST CASH FINL SVCS INC COM 31942D107 1 26 SH SOLE 26
FIRST DATA CORP COM 319963104 2448 56,924 SH SOLE 56,924
FIRST HORIZON NATL CORP COM 320517105 183 4,750 SH SOLE 4,750
FIRST HORIZON PHARMACEUTICAL COM 32051K106 4 204 SH SOLE 100 104
FIRST TR ABERDEEN GLBL OPP F COM SHS 337319107 60 3,600 SH SOLE 3,600
FIRST TR FIDCRY ASST MNGT CO COM 337318109 63 3,700 SH SOLE 3,700
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
FIRST TR FOUR CRNRS SR FLT R COM SHS 33733Q107 77 4,600 SH SOLE 4,600
FIRST TR STRTGC HIGH INCM FD COM 337347108 92 5,000 SH SOLE 5,000
FIRST TR VAL LINE & IBBTSN E COM 33735H105 179 8,950 SH SOLE 8,950
FIRST TR VALUE LINE 100 FD COM SHS 33735D104 180 11,500 SH SOLE 11,500
FIRST TR VALUE LINE DIV FD COM SHS 33735A100 317 22,800 SH SOLE 22,800
FIRST TR/FOUR CRNRS SR FLOAT COM 33733U108 1010 60,312 SH SOLE 60,312
FIRST TRUST FIDAC MTG INCM F COM SHS 33734E103 58 3,700 SH SOLE 3,700
FIRSTENERGY CORP COM 337932107 11 225 SH SOLE 225
FISERV INC COM 337738108 125 2,880 SH SOLE 2,880
FISHER SCIENTIFIC INTL INC COM NEW 338032204 20 320 SH SOLE 320
FLAGSTAR BANCORP INC COM 337930101 3 200 SH SOLE 200
FLEETWOOD ENTERPRISES INC COM 339099103 119 9,600 SH SOLE 9,600
FLEXTRONICS INTL LTD ORD Y2573F102 30 2,885 SH SOLE 2,885
FLOATING RATE INCM STRT FD I COM 339735102 255 14,876 SH SOLE 14,876
FLOWSERVE CORP COM 34354P105 135 3,400 SH SOLE 3,400
FLUOR CORP NEW COM 343412102 12 150 SH SOLE 150
FORD MTR CO DEL COM PAR $0.01 345370860 43 5,604 SH SOLE 5,604
FORDING CDN COAL TR TR UNIT 345425102 55 1,580 SH SOLE 1,580
FOREST CITY ENTERPRISES INC CL A 345550107 2 65 SH SOLE 65
FOREST LABS INC COM 345838106 77 1,900 SH SOLE 1,900
FOREST OIL CORP COM PAR $0.01 346091705 55 1,200 SH SOLE 1,200
FORTUNE BRANDS INC COM 349631101 167 2,138 SH SOLE 2,138
FORWARD AIR CORP COM 349853101 45 1,220 SH SOLE 1,220
FOUNDATION COAL HLDGS INC COM 35039W100 8 200 SH SOLE 200
FOUNDRY NETWORKS INC COM 35063R100 29 2,100 SH SOLE 2,100
FPL GROUP INC COM 302571104 87 2,089 SH SOLE 2,089
FRANKLIN RES INC COM 354613101 10 110 SH SOLE 110
FRANKLIN TEMPLETON LTD DUR I COM 35472T101 17 1,400 SH SOLE 1,400
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 25 465 SH SOLE 465
FREESCALE SEMICONDUCTOR INC CL B 35687M206 4 143 SH SOLE 143
FREESCALE SEMICONDUCTOR INC COM CL A 35687M107 1349 53,545 SH SOLE 53,545
FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 137 13,800 SH SOLE 13,800
FRIEDMAN INDS INC COM 358435105 4 700 SH SOLE 700
FRONTIER AIRLINES INC NEW COM 359065109 7 750 SH SOLE 750
FRONTLINE LTD SHS G3682E127 8 200 SH SOLE 200
FROZEN FOOD EXPRESS INDS INC COM 359360104 11 1,000 SH SOLE 1,000
FTI CONSULTING INC COM 302941109 8 300 SH SOLE 300
FUELCELL ENERGY INC COM 35952H106 34 3,984 SH SOLE 3,984
FURNITURE BRANDS INTL INC COM 360921100 2 70 SH SOLE 70
GABELLI DIVD & INCOME TR COM 36242H104 84 4,750 SH SOLE 4,750
GABELLI GLB GLD NAT RES & IN COM SHS BN INT 36244N109 31 1,400 SH SOLE 1,400
GALLAGHER ARTHUR J & CO COM 363576109 137 4,450 SH SOLE 4,450
GANNETT INC COM 364730101 26 435 SH SOLE 435
GAP INC DEL COM 364760108 2405 136,314 SH SOLE 136,314
GARMIN LTD ORD G37260109 10 145 SH SOLE 145
GATEWAY INC COM 367626108 3 1,060 SH SOLE 1,060
GEMSTAR-TV GUIDE INTL INC COM 36866W106 2 700 SH SOLE 700
GENCO SHIPPING & TRADING LTD SHS Y2685T107 6 325 SH SOLE 325
GENE LOGIC INC COM 368689105 1 233 SH SOLE 233
GENENTECH INC COM NEW 368710406 602 6,512 SH SOLE 6,512
GENERAL DYNAMICS CORP COM 369550108 3 26 SH SOLE 26
GENERAL ELECTRIC CO COM 369604103 6504 185,567 SH SOLE 185,567
GENERAL GROWTH PPTYS INC COM 370021107 207 4,400 SH SOLE 4,400
GENERAL MLS INC COM 370334104 575 11,653 SH SOLE 11,653
GENERAL MTRS CORP COM 370442105 17 851 SH SOLE 851
GENESCO INC COM 371532102 4 110 SH SOLE 110
GENESEE & WYO INC CL A 371559105 26 700 SH SOLE 700
GENLYTE GROUP INC COM 372302109 1 25 SH SOLE 25
GEN-PROBE INC NEW COM 36866T103 6 125 SH SOLE 77 48
GENTEX CORP COM 371901109 1166 59,790 SH SOLE 59,790
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
GENUINE PARTS CO COM 372460105 24 550 SH SOLE 550
GENWORTH FINL INC COM CL A 37247D106 9 250 SH SOLE 250
GENZYME CORP COM 372917104 343 4,841 SH SOLE 4,841
GETTY IMAGES INC COM 374276103 80 897 SH SOLE 897
GFI GROUP INC COM 361652209 10 220 SH SOLE 220
GILEAD SCIENCES INC COM 375558103 1041 19,805 SH SOLE 150 19,655
GLACIER BANCORP INC NEW COM 37637Q105 46 1,521 SH SOLE 21 1,500
GLATFELTER COM 377316104 2 150 SH SOLE 150
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 27 533 SH SOLE 533
GLENBOROUGH RLTY TR INC COM 37803P105 996 55,000 SH SOLE 55000
GLOBAL PMTS INC COM 37940X102 5 118 SH SOLE 118
GLOBALSANTAFE CORP SHS G3930E101 14 287 SH SOLE 287
GOL LINHAS AEREAS INTLG S A SP ADR REP PFD 38045R107 11 400 SH SOLE 400
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 67 3,775 SH SOLE 3,775
GOLDCORP INC NEW COM 380956409 106 4,770 SH SOLE 4,770
GOLDEN WEST FINL CORP DEL COM 381317106 49 744 SH SOLE 744
GOLDMAN SACHS GROUP INC COM 38141G104 1684 13,187 SH SOLE 13,187
GOODYEAR TIRE & RUBR CO COM 382550101 120 6,915 SH SOLE 6,915
GOOGLE INC CL A 38259P508 137 330 SH SOLE 330
GRACO INC COM 384109104 50 1,380 SH SOLE 1,380
GRAINGER W W INC COM 384802104 814 11,447 SH SOLE 11,447
GRANT PRIDECO INC COM 38821G101 51 1,158 SH SOLE 1,158
GREAT NORTHN IRON ORE PPTYS CTFS BEN INT 391064102 14 100 SH SOLE 100
GREAT PLAINS ENERGY INC COM 391164100 116 4,150 SH SOLE 4,150
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 13 400 SH SOLE 400
GSI COMMERCE INC COM 36238G102 1 95 SH SOLE 95
GUIDANT CORP COM 401698105 79 1,216 SH SOLE 1,216
GUITAR CTR MGMT INC COM 402040109 16 329 SH SOLE 38 291
GYMBOREE CORP COM 403777105 2 100 SH SOLE 100
H & Q HEALTHCARE FD SH BEN INT 404052102 8 425 SH SOLE 425
HAIN CELESTIAL GROUP INC COM 405217100 4 200 SH SOLE 200
HALLIBURTON CO COM 406216101 705 11,376 SH SOLE 11,376
HANCOCK JOHN FINL TRENDS FD COM 41014X105 20 1,200 SH SOLE 1,200
HANCOCK JOHN PFD INCOME FD I COM 41013X106 57 2,700 SH SOLE 2,700
HANCOCK JOHN PFD INCOME FD I COM 41021P103 60 3,000 SH SOLE 3,000
HANCOCK JOHN TAX-ADV DIV INC COM 41013V100 105 6,250 SH SOLE 6,250
HANOVER COMPRESSOR CO COM 410768105 1 105 SH SOLE 105
HANOVER INS GROUP INC COM 410867105 14 335 SH SOLE 335
HANSEN NAT CORP COM 411310105 32 400 SH SOLE 400
HARBOR FLA BANCSHARES INC COM 411901101 3 70 SH SOLE 70
HARLEY DAVIDSON INC COM 412822108 491 9,538 SH SOLE 9,538
HARMAN INTL INDS INC COM 413086109 1 15 SH SOLE 15
HARRAHS ENTMT INC COM 413619107 25 350 SH SOLE 350
HARTE-HANKS INC COM 416196103 11 411 SH SOLE 411
HARTFORD FINL SVCS GROUP INC COM 416515104 211 2,457 SH SOLE 2,457
HARVEST ENERGY TR TRUST UNIT 41752X101 2483 77,555 SH SOLE 77,555
HASBRO INC COM 418056107 1 30 SH SOLE 30
HAWAIIAN ELEC INDUSTRIES COM 419870100 46 1,760 SH SOLE 1,760
HCA INC COM 404119109 11 215 SH SOLE 215
HCC INS HLDGS INC COM 404132102 5 153 SH SOLE 153
HDFC BANK LTD ADR REPS 3 SHS 40415F101 5 100 SH SOLE 100
HEADWATERS INC COM 42210P102 61 1,725 SH SOLE 1,725
HEALTH CARE PPTY INVS INC COM 421915109 50 1,974 SH SOLE 1,974
HEALTH MGMT ASSOC INC NEW CL A 421933102 61 2,765 SH SOLE 2,765
HEALTHEXTRAS INC COM 422211102 61 2,427 SH SOLE 2,427
HEARST-ARGYLE TELEVISION INC COM 422317107 1 50 SH SOLE 50
HEINZ H J CO COM 423074103 13 373 SH SOLE 373
c
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
HENRY JACK & ASSOC INC COM 426281101 24 1,255 SH SOLE 430 825
HERSHEY CO COM 427866108 128 2,320 SH SOLE 2,320
HEWLETT PACKARD CO COM 428236103 382 13,334 SH SOLE 13,334
HICKORY TECH CORP COM 429060106 68 8,600 SH SOLE 8,600
HILTON HOTELS CORP COM 432848109 35 1,433 SH SOLE 1,433
HOKU SCIENTIFIC INC COM 434712105 16 2,107 SH SOLE 2,107
HOLOGIC INC COM 436440101 15 400 SH SOLE 400
HOME DEPOT INC COM 437076102 1168 28,851 SH SOLE 28,851
HOMESTORE INC COM 437852106 10 2,000 SH SOLE 2,000
HONDA MOTOR LTD AMERN SHS 438128308 3 100 SH SOLE 100
HONEYWELL INTL INC COM 438516106 2889 77,564 SH SOLE 77,564
HORMEL FOODS CORP COM 440452100 84 2,571 SH SOLE 2,571
HOSPIRA INC COM 441060100 21 499 SH SOLE 499
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 48 1,200 SH SOLE 1,200
HOT TOPIC INC COM 441339108 1 60 SH SOLE 60
HOVNANIAN ENTERPRISES INC CL A 442487203 4 90 SH SOLE 90
HRPT PPTYS TR COM SH BEN INT 40426W101 219 21,193 SH SOLE 21,193
HSBC HLDGS PLC ADR A 1/40PF A 404280604 37 1,475 SH SOLE 1475
HSBC HLDGS PLC SPON ADR NEW 404280406 47 586 SH SOLE 586
HUB GROUP INC CL A 443320106 7 200 SH SOLE 200
HUGOTON RTY TR TEX UNIT BEN INT 444717102 69 1,815 SH SOLE 1,815
HUMAN GENOME SCIENCES INC NOTE 2.250%10/1 444903AK4 736 950,000 PRN SOLE 50000
HUMANA INC COM 444859102 423 7,778 SH SOLE 7,778
HUNT J B TRANS SVCS INC COM 445658107 14 600 SH SOLE 600
HUNTSMAN CORP COM 447011107 26 1,485 SH SOLE 1,485
HURCO COMPANIES INC COM 447324104 102 3,300 SH SOLE 3,300
HUTTIG BLDG PRODS INC COM 448451104 1 100 SH SOLE 100
HYDRIL COM 448774109 13 200 SH SOLE 200
HYDROGENICS CORP COM 448882100 3 900 SH SOLE 900
IAC INTERACTIVECORP COM NEW 44919P300 3 95 SH SOLE 95
ICOS CORP COM 449295104 17 600 SH SOLE 100 500
IDACORP INC COM 451107106 3 100 SH SOLE 100
IDENIX PHARMACEUTICALS INC COM 45166R204 2 104 SH SOLE 104
IDENTIX INC COM 451906101 2 300 SH SOLE 300
IDEX CORP COM 45167R104 1 15 SH SOLE 15
IDT CORP CL B 448947309 7 570 SH SOLE 570
IDX SYS CORP COM 449491109 8 180 SH SOLE 180
IKON OFFICE SOLUTIONS INC COM 451713101 2 230 SH SOLE 230
ILLINOIS TOOL WKS INC COM 452308109 39 440 SH SOLE 440
IMCLONE SYS INC COM 45245W109 3 100 SH SOLE 100
IMMUCOR INC COM 452526106 103 4,427 SH SOLE 4,427
IMPERIAL OIL LTD COM NEW 453038408 27 275 SH SOLE 275
INCO LTD COM 453258402 282 6,480 SH SOLE 6,480
INCYTE CORP COM 45337C102 1 159 SH SOLE 159
INDIA FD INC COM 454089103 116 2,930 SH SOLE 2,930
INDYMAC BANCORP INC COM 456607100 73 1,860 SH SOLE 1,860
INFINITY PPTY & CAS CORP COM 45665Q103 1 36 SH SOLE 36
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 74 920 SH SOLE 920
INFOUSA INC NEW COM 456818301 1197 109,497 SH SOLE 109,497
ING GLBL ADV & PREM OPP FUND COM 44982N109 58 3,300 SH SOLE 3,300
ING GLOBAL EQTY DIV & PREM O COM 45684E107 16 950 SH SOLE 950
ING GROEP N V SPONSORED ADR 456837103 2 60 SH SOLE 60
INGERSOLL-RAND COMPANY LTD CL A G4776G101 237 5,875 SH SOLE 5,875
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
INNODATA ISOGEN INC COM NEW 457642205 3 1,000 SH SOLE 1,000
INSURED MUN INCOME FD COM 45809F104 39 3,100 SH SOLE 3,100
INTEGRATED SILICON SOLUTION COM 45812P107 6 1,000 SH SOLE 1,000
INTEL CORP COM 458140100 2852 114,272 SH SOLE 114,272
INTERMAGNETICS GEN CORP COM 458771102 58 1,809 SH SOLE 1,809
INTERNAP NETWORK SVCS CORP COM 45885A102 207 480,250 SH SOLE 480,250
INTERNATIONAL BUSINESS MACHS COM 459200101 1684 20,489 SH SOLE 20,489
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 1 20 SH SOLE 20
INTERNATIONAL GAME TECHNOLOG COM 459902102 77 2,499 SH SOLE 2,499
INTERNATIONAL RECTIFIER CORP COM 460254105 16 500 SH SOLE 500
INTERNET HOLDRS TR DEPOSIT RCPT 46059W102 691 10,500 SH SOLE 10,500
INTERNET SEC SYS INC COM 46060X107 4 200 SH SOLE 200
INTERPUBLIC GROUP COS INC COM 460690100 12 1,200 SH SOLE 1,200
INTERSIL CORP CL A 46069S109 3 122 SH SOLE 122
INTL PAPER CO COM 460146103 544 16,192 SH SOLE 16,192
INTRADO INC COM 46117A100 5 200 SH SOLE 200
INTUIT COM 461202103 8 143 SH SOLE 143
INTUITIVE SURGICAL INC COM NEW 46120E602 214 1,829 SH SOLE 1,829
INVERNESS MED INNOVATIONS IN COM 46126P106 2 100 SH SOLE 100
INVESTOOLS INC COM 46145P103 256 47,330 SH SOLE 47,330
INVESTORS FINL SERVICES CORP COM 461915100 7 200 SH SOLE 200
INVESTORS REAL ESTATE TR SH BEN INT 461730103 94 10,200 SH SOLE 10,200
INVITROGEN CORP COM 46185R100 272 4,085 SH SOLE 160 3,925
IPSCO INC COM 462622101 2 25 SH SOLE 25
IRELAND BK SPONSORED ADR 46267Q103 40 625 SH SOLE 625
IRON MTN INC COM 462846106 11 254 SH SOLE 254
ISHARES COMEX GOLD TR ISHARES 464285105 691 13,350 SH SOLE 13,350
ISHARES INC MSCI TAIWAN 464286731 6 502 SH SOLE 502
ISHARES INC MSCI BELGIUM 464286301 10 500 SH SOLE 500
ISHARES INC MSCI BRAZIL 464286400 20 600 SH SOLE 600
ISHARES INC MSCI AUSTRALIA 464286103 25 1,350 SH SOLE 1,350
ISHARES INC MSCI CDA INDEX 464286509 32 1,450 SH SOLE 1,450
ISHARES INC MSCI S KOREA 464286772 49 1,090 SH SOLE 1,090
ISHARES INC MSCI SWITZERLD 464286749 251 13,000 SH SOLE 13,000
ISHARES INC MSCI EMU INDEX 464286608 259 3,336 SH SOLE 3,336
ISHARES INC MSCI PAC J IDX 464286665 279 2,825 SH SOLE 2,825
ISHARES INC MSCI HONG KONG 464286871 359 28,444 SH SOLE 28,444
ISHARES INC MSCI JAPAN 464286848 1989 147,131 SH SOLE 147,131
ISHARES TR TRANSP AVE IDX 464287192 4 51 SH SOLE 51
ISHARES TR RUSSELL 3000 464287689 4 50 SH SOLE 50
ISHARES TR RUSL 3000 GROW 464287671 13 320 SH SOLE 320
ISHARES TR S&P GBL HLTHCR 464287325 16 300 SH SOLE 300
ISHARES TR S&P/TOPIX 150 464287382 23 200 SH SOLE 200
ISHARES TR DJ US FINL SEC 464287788 24 235 SH SOLE 235
ISHARES TR GLDM SCHS NETW 464287531 29 951 SH SOLE 951
ISHARES TR GLMN SCHS SOFT 464287515 33 816 SH SOLE 816
ISHARES TR GLDM SACHS TEC 464287549 41 867 SH SOLE 867
ISHARES TR RSSL MCRCP IDX 464288869 64 1,250 SH SOLE 1,250
ISHARES TR FTSE XNHUA IDX 464287184 71 1,150 SH SOLE 1,150
ISHARES TR S&P EURO PLUS 464287861 89 1,102 SH SOLE 1,102
ISHARES TR RUSL 3000 VALU 464287663 98 1,080 SH SOLE 1,080
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
ISHARES TR RUSSELL MCP GR 464287481 118 1,255 SH SOLE 1,255
ISHARES TR S&P GLB100INDX 464287572 131 2,079 SH SOLE 2,079
ISHARES TR GS NAT RES IDX 464287374 136 1,537 SH SOLE 1,537
ISHARES TR LEHMAN AGG BND 464287226 162 1,608 SH SOLE 1,608
ISHARES TR RUSSELL MIDCAP 464287499 191 2,176 SH SOLE 2,176
ISHARES TR RUSSELL MCP VL 464287473 208 1,675 SH SOLE 1,675
ISHARES TR DJ US REAL EST 464287739 233 3,635 SH SOLE 3,635
ISHARES TR COHEN&ST RLTY 464287564 277 3,706 SH SOLE 3,706
ISHARES TR MSCI GRW IDX 464288885 330 5,824 SH SOLE 5,824
ISHARES TR DJ US UTILS 464287697 370 4,838 SH SOLE 4,838
ISHARES TR RUSL 2000 GROW 464287648 435 6,245 SH SOLE 6,245
ISHARES TR S&P 100 IDX FD 464287101 480 8,430 SH SOLE 8,430
ISHARES TR RUSSELL 1000 464287622 532 7,863 SH SOLE 7,863
ISHARES TR DJ US TELECOMM 464287713 600 26,245 SH SOLE 26,245
ISHARES TR S&P LTN AM 40 464287390 635 5,170 SH SOLE 5,170
ISHARES TR RUSL 2000 VALU 464287630 757 11,489 SH SOLE 11,489
ISHARES TR S&P 500 INDEX 464287200 788 6,322 SH SOLE 6,322
ISHARES TR 7-10 YR TRS BD 464287440 835 9,949 SH SOLE 9,949
ISHARES TR DJ US TECH SEC 464287721 853 17,151 SH SOLE 17,151
ISHARES TR DJ US ENERGY 464287796 871 10,158 SH SOLE 10,158
ISHARES TR 20+ YR TRS BD 464287432 1006 10,949 SH SOLE 10,949
ISHARES TR DJ US FINL SVC 464287770 1139 9,949 SH SOLE 9,949
ISHARES TR GLDM SCHS SEMI 464287523 1154 18,922 SH SOLE 18,922
ISHARES TR DJ US BAS MATL 464287838 1176 22,814 SH SOLE 22,814
ISHARES TR S&P GBL ENER 464287341 1253 13,385 SH SOLE 13,385
ISHARES TR CONS SRVC IDX 464287580 1368 22,946 SH SOLE 22,946
ISHARES TR S&P SMLCP VALU 464287879 1373 21,497 SH SOLE 21,497
ISHARES TR DJ US INDUSTRL 464287754 1548 26,573 SH SOLE 26,573
ISHARES TR CONS GOODS IDX 464287812 1589 29,837 SH SOLE 29,837
ISHARES TR S&P MIDCAP 400 464287507 1596 21,620 SH SOLE 21,620
ISHARES TR S&P SMLCP GROW 464287887 1751 15,085 SH SOLE 15,085
ISHARES TR S&P SMLCAP 600 464287804 1903 32,928 SH SOLE 32,928
ISHARES TR RUSSELL 2000 464287655 2047 30,679 SH SOLE 30,679
ISHARES TR NASDQ BIO INDX 464287556 2237 28,967 SH SOLE 28,967
ISHARES TR S&P MIDCP GROW 464287606 2336 30,890 SH SOLE 30,890
ISHARES TR DJ US HEALTHCR 464287762 2343 37,165 SH SOLE 37,165
ISHARES TR US TIPS BD FD 464287176 2420 23,533 SH SOLE 23,533
ISHARES TR GS CORP BD FD 464287242 2551 23,688 SH SOLE 23,688
ISHARES TR DJ SEL DIV INX 464287168 2712 44,269 SH SOLE 44,269
ISHARES TR MSCI EMERG MKT 464287234 2790 31,616 SH SOLE 31,616
ISHARES TR S&P MIDCP VALU 464287705 2815 39,934 SH SOLE 39,934
ISHARES TR RUSSELL1000VAL 464287598 2883 41,764 SH SOLE 41,764
ISHARES TR 1-3 YR TRS BD 464287457 3001 37,414 SH SOLE 37,414
ISHARES TR RUSSELL1000GRW 464287614 3194 62,610 SH SOLE 62,610
ISHARES TR S&P500/BAR GRW 464287309 3588 60,533 SH SOLE 60,533
ISHARES TR S&P500/BAR VAL 464287408 3663 56,318 SH SOLE 56,318
ISHARES TR MSCI EAFE IDX 464287465 7742 130,267 SH SOLE 130,267
ISIS PHARMACEUTICALS INC COM 464330109 22 4,260 SH SOLE 4,260
IVAX CORP COM 465823102 5 144 SH SOLE 144
JABIL CIRCUIT INC COM 466313103 33 900 SH SOLE 900
JACOBS ENGR GROUP INC DEL COM 469814107 90 1,330 SH SOLE 1,330
JARDEN CORP COM 471109108 3 115 SH SOLE 115
JDS UNIPHASE CORP COM 46612J101 47 20,001 SH SOLE 20,001
JEFFERSON PILOT CORP COM 475070108 145 2,551 SH SOLE 2,551
JLG INDS INC COM 466210101 12139 265,862 SH SOLE 265,862
JOHNSON & JOHNSON COM 478160104 2737 45,548 SH SOLE 45,548
JOHNSON CTLS INC COM 478366107 1328 18,215 SH SOLE 18,215
JONES APPAREL GROUP INC COM 480074103 8 260 SH SOLE 260
JOS A BANK CLOTHIERS INC COM 480838101 22 500 SH SOLE 500
JOY GLOBAL INC COM 481165108 29 735 SH SOLE 735
JP MORGAN CHASE & CO COM 46625H100 4373 110,169 SH SOLE 110,169
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
JUNIPER NETWORKS INC COM 48203R104 12 536 SH SOLE 536
JUPITERMEDIA CORP COM 48207D101 2 102 SH SOLE 102
K2 INC COM 482732104 4 400 SH SOLE 400
KAYDON CORP COM 486587108 4 110 SH SOLE 110
KB HOME COM 48666K109 6 80 SH SOLE 80
KELLOGG CO COM 487836108 50 1,150 SH SOLE 1,150
KERR MCGEE CORP COM 492386107 36 400 SH SOLE 400
KEYCORP NEW COM 493267108 43 1,313 SH SOLE 1,313
KEYSPAN CORP COM 49337W100 405 11,335 SH SOLE 11,335
KIMBALL INTL INC CL B 494274103 5 500 SH SOLE 500
KIMBERLY CLARK CORP COM 494368103 286 4,792 SH SOLE 4,792
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 208 4,350 SH SOLE 4,350
KINDER MORGAN INC KANS COM 49455P101 14 150 SH SOLE 150
KINETIC CONCEPTS INC COM NEW 49460W208 6 141 SH SOLE 141
KING PHARMACEUTICALS INC COM 495582108 3 200 SH SOLE 200
KINROSS GOLD CORP COM NO PAR 496902404 80 8,633 SH SOLE 8,633
KLA-TENCOR CORP COM 482480100 36 720 SH SOLE 120 600
KOHLS CORP COM 500255104 901 18,539 SH SOLE 18,539
KOREA ELECTRIC PWR SPONSORED ADR 500631106 2 100 SH SOLE 100
KOREA FD COM 500634100 7 200 SH SOLE 200
KORN FERRY INTL COM NEW 500643200 1 40 SH SOLE 40
KOSAN BIOSCIENCES INC COM 50064W107 2 500 SH SOLE 500
KRAFT FOODS INC CL A 50075N104 63 2,230 SH SOLE 2,230
KROGER CO COM 501044101 9 465 SH SOLE 465
KRONOS INC COM 501052104 359 8,586 SH SOLE 100 8,486
KULICKE & SOFFA INDS INC COM 501242101 4 500 SH SOLE 500
L-3 COMMUNICATIONS HLDGS INC COM 502424104 580 7,798 SH SOLE 7,798
LA QUINTA CORP PAIRED CTF 50419U202 1990 178,613 SH SOLE 178,613
LABORATORY CORP AMER HLDGS COM NEW 50540R409 2 35 SH SOLE 35
LAFARGE NORTH AMERICA INC COM 505862102 435 7,910 SH SOLE 7,910
LAM RESEARCH CORP COM 512807108 21 600 SH SOLE 100 500
LAN AIRLINES S A SPONSORED ADR 501723100 5 130 SH SOLE 130
LANDAUER INC COM 51476K103 65 1,400 SH SOLE 1,400
LANDSTAR SYS INC COM 515098101 27 650 SH SOLE 650
LASERSCOPE COM 518081104 15 650 SH SOLE 650
LATTICE SEMICONDUCTOR CORP COM 518415104 62 14,250 SH SOLE 14,250
LAUREATE EDUCATION INC COM 518613104 439 8,356 SH SOLE 8,356
LAZARD GLB TTL RET&INCM FD I COM 52106W103 6 300 SH SOLE 300
LCA-VISION INC COM PAR $.001 501803308 58 1,230 SH SOLE 1,230
LEAR CORP COM 521865105 1 24 SH SOLE 24
LEARNING TREE INTL INC COM 522015106 1 50 SH SOLE 50
LEGG MASON INC COM 524901105 12 102 SH SOLE 102
LEGGETT & PLATT INC COM 524660107 10 440 SH SOLE 440
LEHMAN BROS HLDGS INC COM 524908100 99 771 SH SOLE 771
LENNAR CORP CL A 526057104 5 87 SH SOLE 87
LEUCADIA NATL CORP COM 527288104 7 157 SH SOLE 157
LEVEL 3 COMMUNICATIONS INC NOTE 6.000% 3/1 52729NAS9 6 10,000 PRN SOLE 10,000
LEVEL 3 COMMUNICATIONS INC COM 52729N100 354 123,315 SH SOLE 123,315
LEXAR MEDIA INC COM 52886P104 16 2,000 SH SOLE 2,000
LEXMARK INTL NEW CL A 529771107 2237 49,890 SH SOLE 49,890
LG PHILIP LCD CO LTD SPONS ADR REP 50186V102 21 1,000 SH SOLE 1,000
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 23 2,724 SH SOLE 2,724
LIBERTY ALL-STAR GROWTH FD I COM 529900102 2 332 SH SOLE 332
LIBERTY GLOBAL INC COM SER A 530555101 2 90 SH SOLE 90
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
LIBERTY GLOBAL INC COM SER C 530555309 2 90 SH SOLE 90
LIBERTY MEDIA CORP NEW COM SER A 530718105 75 9,580 SH SOLE 9,580
LIFECORE BIOMEDICAL INC COM 532187101 16 1,000 SH SOLE 1,000
LIFEPOINT HOSPITALS INC COM 53219L109 321 8,570 SH SOLE 8,570
LIHIR GOLD LTD SPONSORED ADR 532349107 13 390 SH SOLE 390
LILLY ELI & CO COM 532457108 1189 21,007 SH SOLE 21,007
LIMITED BRANDS INC COM 532716107 247 11,057 SH SOLE 11,057
LINCARE HLDGS INC COM 532791100 4 100 SH SOLE 100
LINCOLN NATL CORP IND COM 534187109 18 345 SH SOLE 345
LINEAR TECHNOLOGY CORP COM 535678106 592 16,420 SH SOLE 16,420
LIZ CLAIBORNE INC COM 539320101 44 1,240 SH SOLE 1,240
LKQ CORP COM 501889208 90 2,600 SH SOLE 2,600
LLOYDS TSB GROUP PLC SPONSORED ADR 539439109 3 80 SH SOLE 80
LOCKHEED MARTIN CORP COM 539830109 91 1,429 SH SOLE 1,429
LODGIAN INC COM PAR $.01 54021P403 2435 226,970 SH SOLE 226,970
LOEWS CORP COM 540424108 17 183 SH SOLE 183
LO-JACK CORP COM 539451104 2 100 SH SOLE 100
LONE STAR STEAKHOUSE SALOON COM 542307103 9 400 SH SOLE 400
LONE STAR TECHNOLOGIES INC COM 542312103 67 1,303 SH SOLE 1,303
LORAL SPACE & COMMUNICATNS L COM 543881106 327 11,580 SH SOLE 11580
LOWES COS INC COM 548661107 817 12,260 SH SOLE 12,260
LSI LOGIC CORP COM 502161102 13 1,640 SH SOLE 1,640
LTC PPTYS INC COM 502175102 36 1,695 SH SOLE 1,695
LUCENT TECHNOLOGIES INC COM 549463107 165 61,994 SH SOLE 61,994
LUFKIN INDS INC COM 549764108 19 380 SH SOLE 380
LYONDELL CHEMICAL CO COM 552078107 25 1,060 SH SOLE 1,060
M SYS FLASH DISK PIONEERS LT ORD M7061C100 136 4,100 SH SOLE 4,100
MADISON CLAYMORE CVRD CALL F COM 556582104 101 6,795 SH SOLE 6,795
MADISON STRTG SECTOR PREM FD COM 558268108 146 7,182 SH SOLE 7,182
MAF BANCORP INC COM 55261R108 2 44 SH SOLE 44
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 26 800 SH SOLE 800
MAIN STR RESTAURANT GROUP IN COM NEW 560345308 1 125 SH SOLE 125
MANITOWOC INC COM 563571108 83 1,649 SH SOLE 1,649
MANNATECH INC COM 563771104 4 300 SH SOLE 300
MANNKIND CORP COM 56400P201 2 200 SH SOLE 200
MARATHON OIL CORP COM 565849106 79 1,294 SH SOLE 1,294
MARKEL CORP COM 570535104 7 22 SH SOLE 22
MARRIOTT INTL INC NEW CL A 571903202 1617 24,145 SH SOLE 24,145
MARSH & MCLENNAN COS INC COM 571748102 49 1,537 SH SOLE 1,537
MARSHALL & ILSLEY CORP COM 571834100 93 2,160 SH SOLE 2,160
MARTEK BIOSCIENCES CORP COM 572901106 5 206 SH SOLE 156 50
MARTHA STEWART LIVING OMNIME CL A 573083102 11 650 SH SOLE 650
MARVEL ENTERTAINMENT INC COM 57383T103 9 575 SH SOLE 575
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 267 4,760 SH SOLE 4,760
MASCO CORP COM 574599106 4 120 SH SOLE 120
MASSEY ENERGY CORP COM 576206106 1 25 SH SOLE 25
MATRIXONE INC COM 57685P304 1 246 SH SOLE 246
MATRIXX INITIATIVES INC COM 57685L105 4 200 SH SOLE 200
MATSUSHITA ELEC INDL ADR 576879209 10 500 SH SOLE 500
MATTEL INC COM 577081102 7 445 SH SOLE 445
MATTSON TECHNOLOGY INC COM 577223100 2 189 SH SOLE 189
MAXIM INTEGRATED PRODS INC COM 57772K101 18 495 SH SOLE 495
MAXTOR CORP COM NEW 577729205 62 8,900 SH SOLE 8,900
MAYTAG CORP COM 578592107 4 200 SH SOLE 200
MBIA INC COM 55262C100 6 100 SH SOLE 100
MBNA CORP COM 55262L100 473 17,433 SH SOLE 17,433
MCAFEE INC COM 579064106 29 1,056 SH SOLE 1,056
MCCORMICK & CO INC COM NON VTG 579780206 4 135 SH SOLE 135
MCDATA CORP CL A 580031201 58 15,362 SH SOLE 15,362
MCDONALDS CORP COM 580135101 45 1,324 SH SOLE 1,324
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
MCG CAPITAL CORP COM 58047P107 123 8,413 SH SOLE 733 7,680
MCGRAW HILL COS INC COM 580645109 75 1,454 SH SOLE 1,454
MDU RES GROUP INC COM 552690109 126 3,850 SH SOLE 3,850
MEADWESTVACO CORP COM 583334107 125 4,473 SH SOLE 4,473
MEDAREX INC COM 583916101 5 350 SH SOLE 350
MEDCO HEALTH SOLUTIONS INC COM 58405U102 123 2,196 SH SOLE 2,196
MEDICINES CO COM 584688105 3 155 SH SOLE 155
MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 2 50 SH SOLE 50
MEDIMMUNE INC COM 584699102 10 288 SH SOLE 198 90
MEDTRONIC INC COM 585055106 5678 98,620 SH SOLE 98,620
MELLON FINL CORP COM 58551A108 19 552 SH SOLE 552
MENTOR CORP MINN COM 587188103 41 900 SH SOLE 900
MERCANTILE BANKSHARES CORP COM 587405101 5 85 SH SOLE 85
MERCK & CO INC COM 589331107 764 24,024 SH SOLE 24,024
MERCURY GENL CORP NEW COM 589400100 2 40 SH SOLE 40
MERCURY INTERACTIVE CORP COM 589405109 1 50 SH SOLE 50
MERGE TECHNOLOGIES INC COM 589981109 501 20,000 SH SOLE 20000
MERIDIAN BIOSCIENCE INC COM 589584101 24 1,200 SH SOLE 1,200
MERIT MED SYS INC COM 589889104 161 13,300 SH SOLE 13,300
MERRILL LYNCH & CO INC COM 590188108 1190 17,570 SH SOLE 17,570
MESABI TR CTF BEN INT 590672101 4 220 SH SOLE 220
META FINL GROUP INC COM 59100U108 3 135 SH SOLE 135
METLIFE INC COM 59156R108 97 1,972 SH SOLE 1,972
METTLER TOLEDO INTERNATIONAL COM 592688105 18 330 SH SOLE 330
MFS GOVT MKTS INCOME TR SH BEN INT 552939100 14 2,100 SH SOLE 2,100
MFS INTER INCOME TR SH BEN INT 55273C107 9 1,500 SH SOLE 1,500
MGI PHARMA INC COM 552880106 13 765 SH SOLE 765
MGIC INVT CORP WIS COM 552848103 8 125 SH SOLE 125
MGM MIRAGE COM 552953101 10 275 SH SOLE 275
MICRON TECHNOLOGY INC COM 595112103 27 2,044 SH SOLE 2,044
MICROS SYS INC COM 594901100 16 336 SH SOLE 336
MICROSOFT CORP COM 594918104 4524 173,017 SH SOLE 173,017
MICROSTRATEGY INC CL A NEW 594972408 25 300 SH SOLE 300
MIDCAP SPDR TR UNIT SER 1 595635103 2116 15,710 SH SOLE 15,710
MIDDLEBY CORP COM 596278101 9 100 SH SOLE 100
MILLENNIUM PHARMACEUTICALS I COM 599902103 1 100 SH SOLE 100
MILLER HERMAN INC COM 600544100 1877 66,595 SH SOLE 66,595
MINDSPEED TECHNOLOGIES INC COM 602682106 12 5,077 SH SOLE 12 5,065
MINNESOTA MUN INCOME PTFL IN COM 604062109 43 2,900 SH SOLE 2,900
MIRAMAR MINING CORP COM 60466E100 8 3,000 SH SOLE 3,000
MKS INSTRUMENT INC COM 55306N104 7 383 SH SOLE 383
MOHAWK INDS INC COM 608190104 12 135 SH SOLE 135
MOLEX INC COM 608554101 37 1,421 SH SOLE 1,421
MONARCH CASINO & RESORT INC COM 609027107 3 140 SH SOLE 140
MONEYGRAM INTL INC COM 60935Y109 384 14,731 SH SOLE 14,731
MONOGRAM BIOSCIENCES INC COM 60975U108 2 977 SH SOLE 977
MONOLITHIC PWR SYS INC COM 609839105 1 100 SH SOLE 100
MONSANTO CO NEW COM 61166W101 64 820 SH SOLE 820
MOODYS CORP COM 615369105 18 294 SH SOLE 294
MORGAN STANLEY GOVT INCOME TR 61745P106 44 5,000 SH SOLE 5,000
MORGAN STANLEY COM NEW 617446448 905 15,954 SH SOLE 15,954
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
MORGAN STANLEY ASIA PAC FD I COM 61744U106 19 1,200 SH SOLE 1,200
MORGAN STANLEY EMER MKTS DEB COM 61744H105 5 500 SH SOLE 500
MOSAIC CO COM 61945A107 543 37,100 SH SOLE 37,100
MOTOROLA INC COM 620076109 765 33,874 SH SOLE 33,874
MRO SOFTWARE INC COM 55347W105 14 1,000 SH SOLE 1,000
MTS SYS CORP COM 553777103 874 25,273 SH SOLE 25,273
MUNIHOLDINGS CALIF INSD FD I COM 625933106 272 17,427 SH SOLE 17,427
MURPHY OIL CORP COM 626717102 6 120 SH SOLE 120
MYLAN LABS INC COM 628530107 82 4,110 SH SOLE 4,110
MYOGEN INC COM 62856E104 2 70 SH SOLE 70
MYRIAD GENETICS INC COM 62855J104 15 719 SH SOLE 19 700
NABI BIOPHARMACEUTICALS COM 629519109 1 204 SH SOLE 4 200
NABORS INDUSTRIES LTD SHS G6359F103 166 2,185 SH SOLE 2,185
NAM TAI ELECTRS INC COM PAR $0.02 629865205 27 1,215 SH SOLE 1,215
NANOGEN INC COM 630075109 63 24,250 SH SOLE 24,250
NANOMETRICS INC COM 630077105 1 100 SH SOLE 100
NAPSTER INC COM 630797108 2 550 SH SOLE 550
NASDAQ 100 TR UNIT SER 1 631100104 848 20,984 SH SOLE 20,984
NASTECH PHARMACEUTICAL INC COM PAR $0.006 631728409 29 2,000 SH SOLE 2,000
NATIONAL CITY CORP COM 635405103 5 163 SH SOLE 163
NATIONAL FUEL GAS CO N J COM 636180101 32 1,010 SH SOLE 1,010
NATIONAL INSTRS CORP COM 636518102 861 26,850 SH SOLE 26,850
NATIONAL OILWELL VARCO INC COM 637071101 75 1,195 SH SOLE 1,195
NATIONAL SEMICONDUCTOR CORP COM 637640103 530 20,401 SH SOLE 20,401
NATIONWIDE FINL SVCS INC CL A 638612101 1 25 SH SOLE 25
NATIONWIDE HEALTH PPTYS INC COM 638620104 6 300 SH SOLE 300
NBC CAP CORP COM 628729105 7 300 SH SOLE 300
NCR CORP NEW COM 62886E108 8 230 SH SOLE 230
NEKTAR THERAPEUTICS COM 640268108 3 182 SH SOLE 112 70
NEOSE TECHNOLOGIES INC COM 640522108 10 5,000 SH SOLE 5,000
NESS TECHNOLOGIES INC COM 64104X108 2 194 SH SOLE 194
NETEASE COM INC SPONSORED ADR 64110W102 6 100 SH SOLE 100
NETFLIX COM INC COM 64110L106 284 10,481 SH SOLE 10,481
NETWORK APPLIANCE INC COM 64120L104 1 29 SH SOLE 29
NETWORK ENGINES INC COM 64121A107 2 1,650 SH SOLE 1,650
NEUBERGER BERMAN DIV ADVANT COM 64127J102 44 2,400 SH SOLE 2,400
NEUROCHEM INC COM 64125K101 2 115 SH SOLE 115
NEUROCRINE BIOSCIENCES INC COM 64125C109 6 98 SH SOLE 98
NEW PLAN EXCEL RLTY TR INC COM 648053106 12 500 SH SOLE 500
NEW YORK CMNTY BANCORP INC COM 649445103 150 9,065 SH SOLE 9,065
NEW YORK TIMES CO CL A 650111107 9 324 SH SOLE 324
NEWELL RUBBERMAID INC COM 651229106 793 33,345 SH SOLE 33,345
NEWFIELD EXPL CO COM 651290108 5 100 SH SOLE 100
NEWMONT MINING CORP COM 651639106 1176 22,028 SH SOLE 22,028
NEWS CORP CL B 65248E203 22 1,300 SH SOLE 1,300
NEWS CORP CL A 65248E104 296 19,040 SH SOLE 19,040
NFJ DIVID INT & PREM STRTGY COM SHS 65337H109 33 1,600 SH SOLE 1,600
NIC INC COM 62914B100 12 1,900 SH SOLE 1,900
NICHOLAS APPLEGATE CV&INC FD COM 65370G109 28 2,000 SH SOLE 2,000
NICHOLAS-APPLEGATE CV & INC COM 65370F101 1564 107,865 SH SOLE 107,865
NICHOLAS-APPLGT INTL & PRM S COM 65370C108 58 2,600 SH SOLE 2,600
NIKE INC CL B 654106103 445 5,124 SH SOLE 5,124
NISOURCE INC COM 65473P105 10 500 SH SOLE 500
NN INC COM 629337106 51 4,800 SH SOLE 4,800
NOBLE ENERGY INC COM 655044105 161 3,986 SH SOLE 3,986
NOKIA CORP SPONSORED ADR 654902204 1965 107,358 SH SOLE 107,358
NORDIC AMERICAN TANKER SHIPP COM G65773106 35 1,200 SH SOLE 1,200
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
NORDSTROM INC COM 655664100 97 2,596 SH SOLE 2,596
NORFOLK SOUTHERN CORP COM 655844108 297 6,622 SH SOLE 6,622
NORTEL NETWORKS CORP NEW COM 656568102 37 11,929 SH SOLE 11,929
NORTH EUROPEAN OIL RTY TR SH BEN INT 659310106 13 500 SH SOLE 500
NORTH FORK BANCORPORATION NY COM 659424105 3 113 SH SOLE 113
NORTHERN BORDER PARTNERS L P UNIT LTD PARTN 664785102 122 2,900 SH SOLE 2,900
NORTHERN TR CORP COM 665859104 37 720 SH SOLE 720
NORTHFIELD LABS INC COM 666135108 9 650 SH SOLE 650
NORTHROP GRUMMAN CORP COM 666807102 48 797 SH SOLE 797
NORTHWESTERN CORP *W EXP 99/99/999 668074115 1 181 SH SOLE 181
NORTHWESTERN CORP COM NEW 668074305 2 56 SH SOLE 56
NOVA CHEMICALS CORP COM 66977W109 1 40 SH SOLE 40
NOVAGOLD RES INC COM NEW 66987E206 9 1,000 SH SOLE 1,000
NOVARTIS A G SPONSORED ADR 66987V109 63 1,200 SH SOLE 1,200
NOVASTAR FINL INC COM 669947400 11 400 SH SOLE 400
NOVELIS INC COM 67000X106 1134 54,275 SH SOLE 54,275
NOVELL INC DBCV 0.500% 7/1 670006AC9 475 500,000 PRN SOLE 00000
NOVELLUS SYS INC COM 670008101 4 173 SH SOLE 173
NPS PHARMACEUTICALS INC COM 62936P103 1 90 SH SOLE 90
NTT DOCOMO INC SPONS ADR 62942M201 10 652 SH SOLE 652
NUCOR CORP COM 670346105 5300 79,435 SH SOLE 79,435
NUVASIVE INC COM 670704105 6 350 SH SOLE 350
NUVEEN EQUITY PREM ADV FD COM 6706ET107 12 700 SH SOLE 700
NUVEEN FLA QUALITY INCOME MU COM 670978105 21 1,500 SH SOLE 1,500
NUVEEN FLOATING RATE INCOME COM 67072T108 1123 89,188 SH SOLE 89,188
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 273 21,847 SH SOLE 21,847
NUVEEN INSD QUALITY MUN FD I COM 67062N103 15 1,000 SH SOLE 1,000
NUVEEN PFD & CONV INC FD COM 67073B106 63 5,300 SH SOLE 5,300
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 9 667 SH SOLE 667
NUVEEN QUALITY PFD INCOME FD COM 67072C105 35 2,700 SH SOLE 2,700
NUVEEN SR INCOME FD COM 67067Y104 138 17,786 SH SOLE 17,786
NUVEEN TX ADV TOTAL RET STRG COM 67090H102 111 5,200 SH SOLE 5,200
O REILLY AUTOMOTIVE INC COM 686091109 23 720 SH SOLE 720
O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 8 824 SH SOLE 824
OCCIDENTAL PETE CORP DEL COM 674599105 321 4,015 SH SOLE 4,015
OCEANEERING INTL INC COM 675232102 31 620 SH SOLE 620
OGE ENERGY CORP COM 670837103 19 700 SH SOLE 700
OIL STS INTL INC COM 678026105 10 300 SH SOLE 300
OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 180 1,400 SH SOLE 1,400
OLD MUTUAL CLAYMORE LNG SHT COM 68003N103 168 10,200 SH SOLE 10,200
OLD SECOND BANCORP INC ILL COM 680277100 4 146 SH SOLE 146
OLIN CORP COM PAR $1 680665205 2 100 SH SOLE 100
OMI CORP NEW COM Y6476W104 36 2,000 SH SOLE 2,000
OMNICARE INC COM 681904108 114 2,000 SH SOLE 2,000
OMNICOM GROUP INC COM 681919106 59 695 SH SOLE 695
OMNIVISION TECHNOLOGIES INC COM 682128103 534 26,750 SH SOLE 26,750
ONEOK INC NEW COM 682680103 8 300 SH SOLE 300
OPENWAVE SYS INC COM NEW 683718308 136 7,782 SH SOLE 7,782
OPTICARE HEALTH SYS INC COM 68386P105 2 5,000 SH SOLE 5,000
ORACLE CORP COM 68389X105 767 62,819 SH SOLE 62,819
ORBITAL SCIENCES CORP COM 685564106 833 64,850 SH SOLE 64,850
OREGON STL MLS INC COM 686079104 9 295 SH SOLE 295
OTTER TAIL CORP COM 689648103 3 100 SH SOLE 100
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
OUTBACK STEAKHOUSE INC COM 689899102 9 205 SH SOLE 205
OWENS & MINOR INC NEW COM 690732102 6 210 SH SOLE 210
OXFORD INDS INC COM 691497309 11 200 SH SOLE 200
P F CHANGS CHINA BISTRO INC COM 69333Y108 17 350 SH SOLE 100 250
PACCAR INC COM 693718108 74 1,070 SH SOLE 1,070
PACIFIC SUNWEAR CALIF INC COM 694873100 65 2,600 SH SOLE 200 2,400
PALL CORP COM 696429307 38 1,400 SH SOLE 1,400
PALM INC NEW COM 696643105 15 475 SH SOLE 475
PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 7 200 SH SOLE 200
PANACOS PHARMACEUTICALS INC COM 69811Q106 2 325 SH SOLE 325
PANERA BREAD CO CL A 69840W108 13 200 SH SOLE 200
PARAMETRIC TECHNOLOGY CORP COM 699173100 6 1,000 SH SOLE 1,000
PARKER HANNIFIN CORP COM 701094104 57 870 SH SOLE 870
PARLUX FRAGRANCES INC COM 701645103 41 1,350 SH SOLE 1,350
PATRIOT CAPITAL FUNDING INC COM 70335Y104 88 7,250 SH SOLE 7,250
PATTERSON COMPANIES INC COM 703395103 17 500 SH SOLE 500
PATTERSON UTI ENERGY INC COM 703481101 40 1,212 SH SOLE 1,212
PAXSON COMMUNICATIONS CORP COM 704231109 2 2,000 SH SOLE 2,000
PAYCHEX INC COM 704326107 260 6,819 SH SOLE 6,819
PEABODY ENERGY CORP COM 704549104 2244 27,224 SH SOLE 27,224
PEERLESS SYS CORP COM 705536100 2 250 SH SOLE 250
PEMSTAR INC COM 706552106 14 9,700 SH SOLE 9,700
PENGROWTH ENERGY TR TRUST UNIT A 706902301 75 3,200 SH SOLE 3,200
PENN NATL GAMING INC COM 707569109 7 220 SH SOLE 220
PENN VA RESOURCES PARTNERS L COM 707884102 56 1,000 SH SOLE 1,000
PENNEY J C INC COM 708160106 72 1,298 SH SOLE 1,298
PENTAIR INC COM 709631105 116 3,359 SH SOLE 3,359
PEPCO HOLDINGS INC COM 713291102 27 1,200 SH SOLE 1,200
PEPSICO INC COM 713448108 1227 20,764 SH SOLE 20,764
PEREGRINE PHARMACEUTICALS IN COM 713661106 1 800 SH SOLE 800
PERICOM SEMICONDUCTOR CORP COM 713831105 11 1,360 SH SOLE 1,360
PERKINELMER INC COM 714046109 18 750 SH SOLE 750
PETROCHINA CO LTD SPONSORED ADR 71646E100 255 3,114 SH SOLE 3,114
PETROFUND ENERGY TRUST TR UNIT 71648W108 12 700 SH SOLE 700
PETROLEUM & RES CORP COM 716549100 49 1,500 SH SOLE 1,500
PETSMART INC COM 716768106 80 3,100 SH SOLE 80 3,020
PFIZER INC COM 717081103 2213 94,917 SH SOLE 94,917
PG&E CORP COM 69331C108 15 400 SH SOLE 400
PHARMACEUTICAL HLDRS TR DEPOSITRY RCPT 71712A206 188 2,700 SH SOLE 2,700
PHARMACEUTICAL PROD DEV INC COM 717124101 129 2,085 SH SOLE 2,085
PHELPS DODGE CORP COM 717265102 104 725 SH SOLE 725
PHOENIX COS INC NEW COM 71902E109 1 95 SH SOLE 95
PIER 1 IMPORTS INC COM 720279108 9 1,000 SH SOLE 1,000
PIMCO CORPORATE OPP FD COM 72201B101 159 9,400 SH SOLE 9,400
PIMCO FLOATING RATE INCOME F COM 72201H108 19 1,043 SH SOLE 1,043
PIMCO FLOATING RATE STRTGY F COM 72201J104 277 15,523 SH SOLE 15,523
PIMCO GLOBAL STOCKSPLS INCM COM 722011103 59 2,600 SH SOLE 2,600
PIMCO HIGH INCOME FD COM SHS 722014107 1692 115,908 SH SOLE 115,908
PIMCO MUN INCOME FD II COM 72200W106 32 2,000 SH SOLE 2,000
PIMCO STRATEGIC GBL GOV FD I COM 72200X104 11 1,000 SH SOLE 1,000
PINNACLE WEST CAP CORP COM 723484101 24 570 SH SOLE 570
PIONEER TAX ADVNTAGE BALANC COM 72388R101 47 3,800 SH SOLE 3,800
PITNEY BOWES INC COM 724479100 21 490 SH SOLE 490
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
PIXAR COM 725811103 30 563 SH SOLE 563
PLATO LEARNING INC COM 72764Y100 631 79,417 SH SOLE 79,417
PLUG POWER INC COM 72919P103 5 1,000 SH SOLE 1,000
PLUM CREEK TIMBER CO INC COM 729251108 43 1,200 SH SOLE 1,200
PNC FINL SVCS GROUP INC COM 693475105 6 92 SH SOLE 92
POGO PRODUCING CO COM 730448107 1 25 SH SOLE 25
POLARIS INDS INC COM 731068102 705 14,035 SH SOLE 14,035
POLYCOM INC COM 73172K104 1 97 SH SOLE 97
PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 105 2,259 SH SOLE 2,259
POSCO SPONSORED ADR 693483109 4 75 SH SOLE 75
POSSIS MEDICAL INC COM 737407106 159 15,935 SH SOLE 15,935
POWERSHARES ETF TRUST WNDRHLL CLN EN 73935X500 3 200 SH SOLE 200
POWERSHARES ETF TRUST GOLDEN DRG USX 73935X401 4 300 SH SOLE 300
POWERSHARES ETF TRUST ZACKS MC PRTFL 73935X740 5 300 SH SOLE 300
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 18 1,200 SH SOLE 1,200
POWERSHARES ETF TRUST HI GRW RT DIV 73935X724 25 1,650 SH SOLE 1,650
POWERSHARES ETF TRUST HI YLD EQ DVDN 73935X302 83 5,575 SH SOLE 5,575
POWERSHARES ETF TRUST DYMN MC VAL 73935X880 484 29,415 SH SOLE 29,415
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 592 38,520 SH SOLE 38,520
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 612 37,990 SH SOLE 37,990
POWERSHARES ETF TRUST DYNM SM CP GRW 73935X872 612 36,490 SH SOLE 36,490
POWERSHARES ETF TRUST DYNM SM CP VAL 73935X864 644 41,525 SH SOLE 41,525
POWERSHARES ETF TRUST DYNAMIC OTC PT 73935X203 718 14,600 SH SOLE 14,600
POWERSHARES ETF TRUST DYNM LRG CP GR 73935X609 825 52,025 SH SOLE 52,025
POWERSHARES ETF TRUST DYNM MC GRWTH 73935X807 907 51,830 SH SOLE 51,830
POWERSHARES ETF TRUST DYNAMIC MKT PT 73935X104 1059 23,370 SH SOLE 23,370
POWERWAVE TECHNOLOGIES INC COM 739363109 13 1,027 SH SOLE 1,027
POZEN INC COM 73941U102 1 100 SH SOLE 100
PPG INDS INC COM 693506107 18 317 SH SOLE 317
PRAXAIR INC COM 74005P104 830 15,667 SH SOLE 15,667
PRECISION DRILLING TR TR UNIT 740215108 2311 70,027 SH SOLE 70,027
PRICE T ROWE GROUP INC COM 74144T108 311 4,314 SH SOLE 4,314
PRICELINE COM INC COM NEW 741503403 1 33 SH SOLE 33
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 6 125 SH SOLE 125
PROCTER & GAMBLE CO COM 742718109 6415 110,828 SH SOLE 110,828
PROGRESS ENERGY INC COM 743263105 869 19,782 SH SOLE 19,782
PROGRESSIVE CORP OHIO COM 743315103 39 330 SH SOLE 330
PROTEIN DESIGN LABS INC COM 74369L103 3 90 SH SOLE 90
PROVIDENT ENERGY TR TR UNIT 74386K104 59 5,500 SH SOLE 5,500
PROVIDENT FINL SVCS INC COM 74386T105 1 70 SH SOLE 70
PRUDENTIAL FINL INC COM 744320102 5 75 SH SOLE 75
PSYCHIATRIC SOLUTIONS INC COM 74439H108 25 430 SH SOLE 430
PUGET ENERGY INC NEW COM 745310102 20 975 SH SOLE 975
PUTNAM MANAGED HIGH YIELD TR SH BEN INT 746819101 18 2,200 SH SOLE 2,200
PUTNAM MANAGED MUN INCOM TR COM 746823103 78 11,000 SH SOLE 11,000
PUTNAM PREMIER INCOME TR SH BEN INT 746853100 77 12,640 SH SOLE 12,640
PUTNAM TAX FREE HEALTH CARE SH BEN INT 746920107 12 1,000 SH SOLE 1,000
Q MED COM 747914109 12 1,250 SH SOLE 1,250
QUALCOMM INC COM 747525103 4202 97,544 SH SOLE 97,544
QUALITY SYS INC COM 747582104 55 720 SH SOLE 720
QUANEX CORP COM 747620102 7 140 SH SOLE 140
QUEST DIAGNOSTICS INC COM 74834L100 110 2,145 SH SOLE 2,145
QUESTAR CORP COM 748356102 37 495 SH SOLE 495
QUICKSILVER RESOURCES INC COM 74837R104 14 322 SH SOLE 322
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
QUIDEL CORP COM 74838J101 34 3,200 SH SOLE 3,200
QUIXOTE CORP COM 749056107 2 100 SH SOLE 100
QWEST COMMUNICATIONS INTL IN COM 749121109 58 10,207 SH SOLE 10,207
RADIAN GROUP INC COM 750236101 7 125 SH SOLE 125
RADIATION THERAPY SVCS INC COM 750323206 20 560 SH SOLE 560
RAIT INVT TR COM 749227104 205 7,890 SH SOLE 7,890
RARE HOSPITALITY INTL INC COM 753820109 9 300 SH SOLE 300
RASER TECHNOLOGIES INC COM 754055101 33 2,100 SH SOLE 2,100
RAVEN INDS INC COM 754212108 1 29 SH SOLE 29
RAYMOND JAMES FINANCIAL INC COM 754730109 1 30 SH SOLE 30
RAYTHEON CO COM NEW 755111507 493 12,289 SH SOLE 12,289
RC2 CORP COM 749388104 151 4,261 SH SOLE 3761 500
READERS DIGEST ASSN INC COM 755267101 10 684 SH SOLE 684
REAVES UTIL INCOME FD COM SH BEN INT 756158101 15 800 SH SOLE 800
RED HAT INC COM 756577102 347 12,730 SH SOLE 11700 1,030
RED ROBIN GOURMET BURGERS IN COM 75689M101 5 100 SH SOLE 100
REDBACK NETWORKS INC COM NEW 757209507 12 850 SH SOLE 850
REEBOK INTL LTD COM 758110100 6 100 SH SOLE 100
REED ELSEVIER P L C SPONSORED ADR 758205108 3 75 SH SOLE 75
REGENCY CTRS CORP COM 758849103 5 80 SH SOLE 80
REGIONS FINANCIAL CORP NEW COM 7591EP100 365 10,674 SH SOLE 10,674
REGIS CORP MINN COM 758932107 1761 45,670 SH SOLE 45,670
REHABCARE GROUP INC COM 759148109 4 200 SH SOLE 200
RELIANT ENERGY INC COM 75952B105 121 11,757 SH SOLE 11,757
RENAL CARE GROUP INC COM 759930100 12 260 SH SOLE 260
RENOVIS INC COM 759885106 8 510 SH SOLE 20 490
RENT A CTR INC NEW COM 76009N100 9 500 SH SOLE 500
RESMED INC COM 761152107 49 1,278 SH SOLE 1,278
RESOURCE AMERICA INC CL A 761195205 12 690 SH SOLE 690
RESTORATION HARDWARE INC DEL COM 760981100 4 600 SH SOLE 600
REYNOLDS AMERICAN INC COM 761713106 186 1,950 SH SOLE 1,950
RIGHTNOW TECHNOLOGIES INC COM 76657R106 2 125 SH SOLE 125
RIO TINTO PLC SPONSORED ADR 767204100 34 185 SH SOLE 185
RMR REAL ESTATE FD SH BEN INT 74963F106 20 1,500 SH SOLE 1,500
ROBERT HALF INTL INC COM 770323103 2 63 SH SOLE 63
ROCKWELL COLLINS INC COM 774341101 5 100 SH SOLE 100
ROGERS CORP COM 775133101 5430 138,579 SH SOLE 138,579
ROHM & HAAS CO COM 775371107 122 2,521 SH SOLE 2,521
ROSS STORES INC COM 778296103 3 120 SH SOLE 120
ROWAN COS INC COM 779382100 4 100 SH SOLE 100
ROYAL BK CDA MONTREAL QUE COM 780087102 23 300 SH SOLE 300
ROYAL BK SCOTLAND GROUP PLC SPON ADR F 780097804 7 250 SH SOLE 250
ROYAL BK SCOTLAND GROUP PLC ADR PREF SER N 780097770 50 2,000 SH SOLE 2000
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF M 780097796 58 2,290 SH SOLE 1590 700
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P 780097762 75 3,000 SH SOLE 3000
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 56 1,245 SH SOLE 1,245
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 22 344 SH SOLE 344
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 609 9,896 SH SOLE 9,896
ROYAL GOLD INC COM 780287108 17 480 SH SOLE 480
RPM INTL INC COM 749685103 69 4,000 SH SOLE 4,000
RTW INC COM NEW 74974R206 1 55 SH SOLE 55
RYDEX ETF TRUST S&P 500 EQ TRD 78355W106 1360 8,198 SH SOLE 8,198
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
S&P 500 COVERED CALL FD INC COM 78381P109 8 500 SH SOLE 500
SAFECO CORP COM 786429100 336 5,945 SH SOLE 5,945
SAFEWAY INC COM NEW 786514208 137 5,801 SH SOLE 5,801
SALIX PHARMACEUTICALS INC COM 795435106 2 138 SH SOLE 138
SALOMON BR INFLTN MNGNT FD I COM 79550V109 14 800 SH SOLE 800
SALOMON BROS CP & INCM FD IN COM 795500107 26 1,500 SH SOLE 1,500
SALOMON BROS HIGH INCOME FD COM 79547Q106 64 7,150 SH SOLE 7,150
SAMARITAN PHARMACEUTICALS COM 79586Q108 2 5,000 SH SOLE 5,000
SANDERSON FARMS INC COM 800013104 2 50 SH SOLE 50
SANDISK CORP COM 80004C101 19 310 SH SOLE 310
SANFILIPPO JOHN B & SON INC COM 800422107 1 50 SH SOLE 50
SANGAMO BIOSCIENCES INC COM 800677106 6 1,550 SH SOLE 1,550
SANMINA SCI CORP COM 800907107 26 6,117 SH SOLE 6,117
SANOFI AVENTIS SPONSORED ADR 80105N105 124 2,829 SH SOLE 2,829
SANTARUS INC COM 802817304 27 5,000 SH SOLE 5,000
SANYO ELEC LTD ADR 5 COM 803038306 11 800 SH SOLE 800
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 546 12,125 SH SOLE 12,125
SARA LEE CORP COM 803111103 1099 58,144 SH SOLE 58,144
SASOL LTD SPONSORED ADR 803866300 6 160 SH SOLE 160
SCANA CORP NEW COM 80589M102 40 1,010 SH SOLE 1,010
SCHEIN HENRY INC COM 806407102 5 125 SH SOLE 125
SCHERING PLOUGH CORP COM 806605101 59 2,810 SH SOLE 2,810
SCHLUMBERGER LTD COM 806857108 302 3,112 SH SOLE 3,112
SCHNITZER STL INDS CL A 806882106 31 1,000 SH SOLE 1,000
SCHWAB CHARLES CORP NEW COM 808513105 52 3,550 SH SOLE 3,550
SCIENTIFIC ATLANTA INC COM 808655104 482 11,202 SH SOLE 11,202
SCIENTIFIC GAMES CORP CL A 80874P109 8 300 SH SOLE 300
SCOTTS MIRACLE GRO CO CL A 810186106 138 3,050 SH SOLE 3,050
SCRIPPS E W CO OHIO CL A 811054204 15 320 SH SOLE 320
SCUDDER GLOBAL COMMDTS STCK COM SHS 81114Y108 115 7,650 SH SOLE 7,650
SCUDDER RREEF REAL EST FD II COM 81119R108 19 1,250 SH SOLE 1,250
SEALED AIR CORP NEW COM 81211K100 18 315 SH SOLE 315
SEI INVESTMENTS CO COM 784117103 4597 124,242 SH SOLE 124,242
SELECT COMFORT CORP COM 81616X103 754 27,561 SH SOLE 27,561
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2 89 SH SOLE 89
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 3 82 SH SOLE 82
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 10 323 SH SOLE 323
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 16 327 SH SOLE 327
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 30 1,000 SH SOLE 1,000
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 148 4,664 SH SOLE 4,664
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 253 8,051 SH SOLE 8,051
SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 1355 64,848 SH SOLE 64,848
SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 534 14,575 SH SOLE 75 14,500
SEMPRA ENERGY COM 816851109 45 1,000 SH SOLE 1,000
SERVICEMASTER CO COM 81760N109 501 41,912 SH SOLE 41,912
SFBC INTL INC COM 784121105 2 114 SH SOLE 114
SHERWIN WILLIAMS CO COM 824348106 19 429 SH SOLE 429
SHIP FINANCE INTERNATIONAL L SHS G81075106 2 100 SH SOLE 100
SHIRE PLC SPONSORED ADR 82481R106 4 100 SH SOLE 100
SHUFFLE MASTER INC COM 825549108 308 12,247 SH SOLE 12,247
SHURGARD STORAGE CTRS INC COM 82567D104 74 1,300 SH SOLE 1,300
SIEBEL SYS INC COM 826170102 85 8,050 SH SOLE 8,050
SIEMENS A G SPONSORED ADR 826197501 103 1,200 SH SOLE 1,200
SIERRA HEALTH SVCS INC COM 826322109 33 410 SH SOLE 410
SIGMA ALDRICH CORP COM 826552101 11 170 SH SOLE 170
SIGMA DESIGNS INC COM 826565103 15 1,000 SH SOLE 1,000
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
SILICON LABORATORIES INC COM 826919102 1 20 SH SOLE 20
SILVER STD RES INC COM 82823L106 5 300 SH SOLE 300
SIMON PPTY GROUP INC NEW PFD CONV I 6% 828806802 22 345 SH SOLE 345
SIMON PPTY GROUP INC NEW COM 828806109 56 737 SH SOLE 737
SIRIUS SATELLITE RADIO INC COM 82966U103 118 17,550 SH SOLE 17,550
SIRVA INC COM 82967Y104 2270 283,790 SH SOLE 283,790
SK TELECOM LTD SPONSORED ADR 78440P108 2 100 SH SOLE 100
SKILLSOFT PLC SPONSORED ADR 830928107 318 57,768 SH SOLE 57,768
SKYWORKS SOLUTIONS INC COM 83088M102 39 7,670 SH SOLE 7,670
SLM CORP COM 78442P106 859 15,600 SH SOLE 15,600
SMALL CAP PREM & DIV INCM FD COM 83165P101 60 3,750 SH SOLE 3,750
SMITH A O COM 831865209 18 500 SH SOLE 500
SMUCKER J M CO COM NEW 832696405 215 4,877 SH SOLE 4,877
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 4 40 SH SOLE 40
SOFTWARE HOLDRS TR DEPOSITRY RCPT 83404B103 71 1,900 SH SOLE 1,900
SOHU COM INC COM 83408W103 2 100 SH SOLE 100
SOLECTRON CORP COM 834182107 1 342 SH SOLE 342
SOMAXON PHARMACEUTICALS INC COM 834453102 1 59 SH SOLE 59
SONIC CORP COM 835451105 13 450 SH SOLE 450
SONIC SOLUTIONS COM 835460106 15 1,000 SH SOLE 1,000
SONOSITE INC COM 83568G104 4 100 SH SOLE 100
SONY CORP ADR NEW 835699307 37 910 SH SOLE 910
SOUTHERN CO COM 842587107 180 5,219 SH SOLE 5,219
SOUTHERN COPPER CORP COM 84265V105 32 480 SH SOLE 480
SOUTHWEST AIRLS CO COM 844741108 294 17,875 SH SOLE 17,875
SOUTHWEST WTR CO COM 845331107 16 1,096 SH SOLE 1,096
SOUTHWESTERN ENERGY CO COM 845467109 46 1,268 SH SOLE 1,268
SOVEREIGN BANCORP INC COM 845905108 6 300 SH SOLE 300
SPARTON CORP COM 847235108 2 200 SH SOLE 200
SPATIALIGHT INC COM 847248101 3 910 SH SOLE 910
SPDR TR UNIT SER 1 78462F103 7036 56,507 SH SOLE 56,507
SPECTRANETICS CORP COM 84760C107 6 500 SH SOLE 500
SPRINT NEXTEL CORP COM FON 852061100 1055 45,147 SH SOLE 45,147
ST JOE CO COM 790148100 26 385 SH SOLE 385
ST JUDE MED INC COM 790849103 696 13,870 SH SOLE 13,870
ST MARY LD & EXPL CO COM 792228108 53 1,450 SH SOLE 1,450
ST PAUL TRAVELERS INC COM 792860108 1684 37,692 SH SOLE 37,692
STANCORP FINL GROUP INC COM 852891100 1 20 SH SOLE 20
STANDARD MICROSYSTEMS CORP COM 853626109 33 1,145 SH SOLE 1,145
STANLEY WKS COM 854616109 392 8,157 SH SOLE 8,157
STAPLES INC COM 855030102 478 21,054 SH SOLE 21,054
STARBUCKS CORP COM 855244109 5964 198,719 SH SOLE 100 198,619
STATE STR CORP COM 857477103 1399 25,230 SH SOLE 25,230
STATION CASINOS INC COM 857689103 30 440 SH SOLE 440
STATOIL ASA SPONSORED ADR 85771P102 17 750 SH SOLE 750
STATS CHIPPAC LTD SPONSORED ADR 85771T104 513 75,486 SH SOLE 75,486
STEAK N SHAKE CO COM 857873103 9 522 SH SOLE 522
STEEL DYNAMICS INC COM 858119100 11 300 SH SOLE 300
STEELCASE INC CL A 858155203 6 400 SH SOLE 400
STELLENT INC COM 85856W105 14 1,400 SH SOLE 1,400
STEPAN CO COM 858586100 5 200 SH SOLE 200
STERICYCLE INC COM 858912108 64 1,079 SH SOLE 1,079
STERLING BANCSHARES INC COM 858907108 5 348 SH SOLE 348
STEWART & STEVENSON SVCS INC COM 860342104 1 40 SH SOLE 40
STILLWATER MNG CO COM 86074Q102 7 592 SH SOLE 592
STOLT OFFSHORE S A SP ADR REG COM 861567105 5 400 SH SOLE 400
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------------------------------------------------------------------------------------------------------------
NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
STRATEGIC HOTEL CAP INC COM 86272T106 41 2,000 SH SOLE 2,000
STRATEX NETWORKS INC COM 86279T109 7 2,000 SH SOLE 2,000
STRAYER ED INC COM 863236105 19 200 SH SOLE 200
STREETTRACKS GOLD TR GOLD SHS 863307104 387 7,494 SH SOLE 7,494
STREETTRACKS SER TR DJ WLSH REIT 86330E604 169 2,505 SH SOLE 2,505
STRYKER CORP COM 863667101 2147 48,318 SH SOLE 48,318
STUDENT LN CORP COM 863902102 6 30 SH SOLE 30
STURM RUGER & CO INC COM 864159108 46 6,500 SH SOLE 6,500
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 105 4,000 SH SOLE 4,000
SUFFOLK BANCORP COM 864739107 1 40 SH SOLE 40
SUN LIFE FINL INC COM 866796105 482 12,000 SH SOLE 12,000
SUN MICROSYSTEMS INC COM 866810104 75 17,855 SH SOLE 17,855
SUNAMERICA FCSED ALPHA GRW F COM 867037103 179 10,500 SH SOLE 10,500
SUNCOR ENERGY INC COM 867229106 13 200 SH SOLE 200
SUNOCO INC COM 86764P109 9 110 SH SOLE 110
SUNTRUST BKS INC COM 867914103 107 1,475 SH SOLE 1,475
SUPERIOR ENERGY SVCS INC COM 868157108 7 355 SH SOLE 355
SUPERVALU INC COM 868536103 743 22,864 SH SOLE 22,864
SURMODICS INC COM 868873100 114 3,070 SH SOLE 3,070
SWIFT TRANSN CO COM 870756103 32 1,554 SH SOLE 1,554
SYMANTEC CORP COM 871503108 47 2,679 SH SOLE 2,679
SYMYX TECHNOLOGIES COM 87155S108 1292 47,345 SH SOLE 47,345
SYNAPTICS INC COM 87157D109 2 79 SH SOLE 79
SYNERON MEDICAL LTD ORD SHS M87245102 19 611 SH SOLE 36 575
SYNGENTA AG SPONSORED ADR 87160A100 5 208 SH SOLE 208
SYNOPSYS INC COM 871607107 1 54 SH SOLE 2 52
SYNOVIS LIFE TECHNOLOGIES IN COM 87162G105 3 300 SH SOLE 300
SYSCO CORP COM 871829107 127 4,103 SH SOLE 4,103
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 111 11,217 SH SOLE 11,217
TALX CORP COM 874918105 18 400 SH SOLE 400
TARGET CORP COM 87612E106 2913 53,001 SH SOLE 53,001
TARO PHARMACEUTICAL INDS LTD ORD M8737E108 2 152 SH SOLE 152
TASER INTL INC COM 87651B104 1 200 SH SOLE 200
TCF FINL CORP COM 872275102 1281 47,183 SH SOLE 47,183
TCW CONV SECS FD INC COM 872340104 85 18,200 SH SOLE 18,200
TD BANKNORTH INC COM 87235A101 1 40 SH SOLE 40
TECHNE CORP COM 878377100 80 1,426 SH SOLE 179 1,247
TECO ENERGY INC COM 872375100 83 4,829 SH SOLE 4,829
TEEKAY SHIPPING MARSHALL ISL COM Y8564W103 56 1,400 SH SOLE 1,400
TEKELEC COM 879101103 32 2,330 SH SOLE 2,330
TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 127 3,900 SH SOLE 3,900
TELECOM HLDRS TR DEPOSITRY RCPT 87927P200 13 500 SH SOLE 500
TELEFONICA S A SPONSORED ADR 879382208 19 422 SH SOLE 422
TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 5 200 SH SOLE 200
TELIK INC COM 87959M109 2 100 SH SOLE 100
TELLABS INC COM 879664100 2 229 SH SOLE 229
TELUS CORP NON-VTG SHS 87971M202 6 150 SH SOLE 150
TEMPLETON DRAGON FD INC COM 88018T101 12 650 SH SOLE 650
TEMPLETON EMERG MKTS INCOME COM 880192109 14 1,164 SH SOLE 1,164
TEMPUR PEDIC INTL INC COM 88023U101 6 500 SH SOLE 500
TENARIS S A SPONSORED ADR 88031M109 25 220 SH SOLE 220
TENET HEALTHCARE CORP COM 88033G100 2 262 SH SOLE 262
TEPPCO PARTNERS L P UT LTD PARTNER 872384102 108 3,100 SH SOLE 3,100
TEREX CORP NEW COM 880779103 135 2,275 SH SOLE 2,275
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
TETRA TECH INC NEW COM 88162G103 47 3,000 SH SOLE 3,000
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1975 45,931 SH SOLE 45,931
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 11 497 SH SOLE 15 482
TEXAS INDS INC COM 882491103 5 100 SH SOLE 100
TEXAS INSTRS INC COM 882508104 316 9,853 SH SOLE 9,853
TEXAS REGL BANCSHARES INC CL A VTG 882673106 3 100 SH SOLE 100
THORNBURG MTG INC COM 885218107 1419 54,146 SH SOLE 54,146
TIBCO SOFTWARE INC COM 88632Q103 45 5,982 SH SOLE 182 5,800
TIFFANY & CO NEW COM 886547108 46 1,200 SH SOLE 1,200
TIMBERLAND CO CL A 887100105 1619 49,740 SH SOLE 49,740
TIME WARNER INC COM 887317105 1294 74,186 SH SOLE 74,186
TIVO INC COM 888706108 4 800 SH SOLE 800
TJX COS INC NEW COM 872540109 37 1,590 SH SOLE 1,590
TOLL BROTHERS INC COM 889478103 12 350 SH SOLE 350
TOLLGRADE COMMUNICATIONS INC COM 889542106 12 1,133 SH SOLE 1,133
TOP TANKERS INC COM Y8897Y107 16 1,300 SH SOLE 1,300
TORO CO COM 891092108 9 200 SH SOLE 200
TOTAL S A SPONSORED ADR 89151E109 328 2,593 SH SOLE 2,593
TOWER GROUP INC COM 891777104 5 219 SH SOLE 219
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 632 6,045 SH SOLE 6,045
TRANSATLANTIC HLDGS INC COM 893521104 5 75 SH SOLE 75
TRANSGENOMIC INC COM 89365K206 7 7,000 SH SOLE 7,000
TRANSOCEAN INC ORD G90078109 931 13,365 SH SOLE 13,365
TRAVELERS PPTY CAS CORP NEW NT CV JR 2032 89420G307 10 400 SH SOLE 400
TRIAD GTY INC COM 895925105 6 134 SH SOLE 96 38
TRIBUNE CO NEW COM 896047107 12 400 SH SOLE 400
TRIDENT MICROSYSTEMS INC COM 895919108 10 551 SH SOLE 551
TRIMBLE NAVIGATION LTD COM 896239100 2 56 SH SOLE 56
TRIMERIS INC COM 896263100 1 83 SH SOLE 83
TRIPOS INC COM 896928108 975 332,906 SH SOLE 332,906
TRIQUINT SEMICONDUCTOR INC COM 89674K103 12 2,600 SH SOLE 2,600
TRUE RELIGION APPAREL INC COM 89784N104 29 1,860 SH SOLE 1,860
TS&W CLAYMORE TAX ADVNTG BL COM 87280R108 56 4,200 SH SOLE 4,200
TUESDAY MORNING CORP COM NEW 899035505 2 80 SH SOLE 80
TUPPERWARE BRANDS CORP COM 899896104 10 452 SH SOLE 452
TURBOCHEF TECHNOLOGIES INC COM NEW 900006206 6 400 SH SOLE 400
TWEETER HOME ENTMT GROUP INC COM 901167106 3 500 SH SOLE 500
TXU CORP COM 873168108 17 338 SH SOLE 338
TYCO INTL LTD NEW COM 902124106 138 4,780 SH SOLE 4,780
U S AIRWAYS GROUP INC COM 90341W108 6 166 SH SOLE 166
U S PHYSICAL THERAPY INC COM 90337L108 4 230 SH SOLE 230
ULTIMATE SOFTWARE GROUP INC COM 90385D107 2 100 SH SOLE 100
ULTRA CLEAN HLDGS INC COM 90385V107 10 1,450 SH SOLE 1,450
ULTRA PETROLEUM CORP COM 903914109 26 470 SH SOLE 470
UMPQUA HLDGS CORP COM 904214103 428 14,999 SH SOLE 24 14,975
UNDER ARMOUR INC CL A 904311107 4 100 SH SOLE 100
UNILEVER PLC SPON ADR NEW 904767704 52 1,300 SH SOLE 1,300
UNION PAC CORP COM 907818108 45 561 SH SOLE 561
UNISYS CORP COM 909214108 4 752 SH SOLE 752
UNITED GUARDIAN INC COM 910571108 13 1,500 SH SOLE 1,500
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
UNITED NAT FOODS INC COM 911163103 4 153 SH SOLE 153
UNITED PARCEL SERVICE INC CL B 911312106 278 3,695 SH SOLE 3,695
UNITED RENTALS INC COM 911363109 3 125 SH SOLE 125
UNITED STATES STL CORP NEW COM 912909108 58 1,200 SH SOLE 1,200
UNITED SURGICAL PARTNERS INT COM 913016309 8 255 SH SOLE 255
UNITED TECHNOLOGIES CORP COM 913017109 659 11,780 SH SOLE 11,780
UNITED UTILS PLC SPONSORED ADR 91311Q105 91 3,900 SH SOLE 3,900
UNITEDHEALTH GROUP INC COM 91324P102 2135 34,351 SH SOLE 34,351
UNIVERSAL COMPRESSION HLDGS COM 913431102 2 40 SH SOLE 40
UNIVERSAL DISPLAY CORP COM 91347P105 8 800 SH SOLE 800
UNIVERSAL HLTH SVCS INC CL B 913903100 3 60 SH SOLE 60
UNIVISION COMMUNICATIONS INC CL A 914906102 500 17,005 SH SOLE 17,005
URBAN OUTFITTERS INC COM 917047102 37 1,465 SH SOLE 300 1,165
UROLOGIX INC COM 917273104 34 8,699 SH SOLE 8,699
US BANCORP DEL COM NEW 902973304 751 25,136 SH SOLE 25,136
USEC INC COM 90333E108 13 1,085 SH SOLE 1,085
UTI WORLDWIDE INC ORD G87210103 6 63 SH SOLE 63
UTSTARCOM INC COM 918076100 2 245 SH SOLE 245
V F CORP COM 918204108 11 192 SH SOLE 192
VALASSIS COMMUNICATIONS INC COM 918866104 1879 64,623 SH SOLE 64,623
VALERO ENERGY CORP NEW COM 91913Y100 308 5,960 SH SOLE 5,960
VALERO L P COM UT LTD PRT 91913W104 16 311 SH SOLE 311
VALSPAR CORP COM 920355104 3145 127,486 SH SOLE 127,486
VALUECLICK INC COM 92046N102 583 32,165 SH SOLE 32165
VAN KAMPEN MUN TR SH BEN INT 920919107 68 4,822 SH SOLE 4,822
VAN KAMPEN SENIOR INCOME TR COM 920961109 33 4,200 SH SOLE 4,200
VAN KAMPEN VALUE MUN INCOME COM 921132106 7 500 SH SOLE 500
VANGUARD INDEX TR STK MRK VIPERS 922908769 71 575 SH SOLE 575
VANGUARD INTL EQUITY INDEX F EMR MKT VIPERS 922042858 12 200 SH SOLE 200
VANGUARD SECTOR INDEX FDS HTH CARE VIPER 92204A504 69 1,280 SH SOLE 1,280
VARIAN MED SYS INC COM 92220P105 75 1,490 SH SOLE 1,490
VASCULAR SOLUTIONS INC COM 92231M109 8 1,000 SH SOLE 1,000
VCA ANTECH INC COM 918194101 10 341 SH SOLE 341
VEECO INSTRS INC DEL COM 922417100 2 100 SH SOLE 100
VENDINGDATA CORPORATION COM NEW 92261Q202 4 1,000 SH SOLE 1,000
VENTANA MED SYS INC COM 92276H106 38 900 SH SOLE 900
VERIFONE HLDGS INC COM 92342Y109 424 16,750 SH SOLE 16,750
VERISIGN INC COM 92343E102 14 620 SH SOLE 620
VERIZON COMMUNICATIONS COM 92343V104 1997 66,317 SH SOLE 66,317
VERTEX PHARMACEUTICALS INC COM 92532F100 6 202 SH SOLE 202
VESTA INS GROUP INC COM 925391104 3 3,000 SH SOLE 3,000
VIACOM INC CL A 925524100 71 2,155 SH SOLE 2,155
VIACOM INC CL B 925524308 2973 91,204 SH SOLE 91,204
VIEWPOINT CORP COM 92672P108 1 500 SH SOLE 500
VIMICRO INTL CORP ADR 92718N109 3 300 SH SOLE 300
VIROPHARMA INC COM 928241108 3 154 SH SOLE 79 75
VIROPHARMA INC NOTE 6.000% 3/0 928241AC2 175 175,000 PRN SOLE 75000
VISHAY INTERTECHNOLOGY INC COM 928298108 241 17,544 SH SOLE 17,544
VISTACARE INC CL A 92839Y109 3 200 SH SOLE 200
VISTEON CORP COM 92839U107 2 361 SH SOLE 361
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
VIVENDI UNIVERSAL SPON ADR NEW 92851S204 4 125 SH SOLE 125
VNUS MED TECHNOLOGIES INC COM 928566108 30 3,582 SH SOLE 3,582
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 32 1,496 SH SOLE 1,496
VOLCOM INC COM 92864N101 119 3,500 SH SOLE 3,500
VORNADO RLTY TR SH BEN INT 929042109 5 55 SH SOLE 55
VULCAN MATLS CO COM 929160109 3 40 SH SOLE 40
WABTEC CORP COM 929740108 12 450 SH SOLE 450
WACHOVIA CORP 2ND NEW COM 929903102 568 10,741 SH SOLE 10,741
WAL MART STORES INC COM 931142103 1002 21,408 SH SOLE 21,408
WALGREEN CO COM 931422109 1517 34,283 SH SOLE 34,283
WARNACO GROUP INC COM NEW 934390402 1 41 SH SOLE 41
WASHINGTON FED INC COM 938824109 163 7,106 SH SOLE 7,106
WASHINGTON MUT INC COM 939322103 1376 31,629 SH SOLE 31,629
WASHINGTON POST CO CL B 939640108 1 1 SH SOLE 1
WASTE MGMT INC DEL COM 94106L109 1304 42,963 SH SOLE 42,963
WATSON PHARMACEUTICALS INC COM 942683103 3 100 SH SOLE 100
WEATHERFORD INTERNATIONAL LT COM G95089101 143 3,960 SH SOLE 3,960
WEBEX COMMUNICATIONS INC COM 94767L109 39 1,786 SH SOLE 1,786
WEBSENSE INC COM 947684106 12 190 SH SOLE 190
WEINGARTEN RLTY INVS SH BEN INT 948741103 11 300 SH SOLE 300
WELLPOINT INC COM 94973V107 257 3,223 SH SOLE 3,223
WELLS FARGO & CO NEW COM 949746101 2387 37,997 SH SOLE 37,997
WENDYS INTL INC COM 950590109 75 1,350 SH SOLE 1,350
WESCO INTL INC COM 95082P105 3 80 SH SOLE 80
WEST CORP COM 952355105 8 200 SH SOLE 200
WESTAMERICA BANCORPORATION COM 957090103 4 80 SH SOLE 80
WESTAR ENERGY INC COM 95709T100 24 1,106 SH SOLE 1,106
WESTERN ASSET CLAYMORE US TR COM SH BEN INT 95766Q106 86 7,200 SH SOLE 7,200
WESTERN DIGITAL CORP COM 958102105 7 400 SH SOLE 400
WESTERN SILVER CORP COM 959531104 113 10,050 SH SOLE 10,050
WEYERHAEUSER CO COM 962166104 355 5,353 SH SOLE 5,353
WHEELING PITTSBURGH CORP COM NEW 963142302 5 500 SH SOLE 500
WHITE ELECTR DESIGNS CORP COM 963801105 10 1,991 SH SOLE 1,991
WHOLE FOODS MKT INC COM 966837106 23 292 SH SOLE 92 200
WILLIAMS COAL SEAM GAS RTY T TR UNIT 969450105 17 1,000 SH SOLE 1,000
WILLIAMS COS INC DEL COM 969457100 685 29,586 SH SOLE 29,586
WILLIAMS SONOMA INC COM 969904101 2 54 SH SOLE 54
WINMARK CORP COM 974250102 389 18,601 SH SOLE 18,601
WINNEBAGO INDS INC COM 974637100 1 25 SH SOLE 25
WIRELESS HOLDRS TR DEPOSITRY RCPT 97653L208 6 100 SH SOLE 100
WISCONSIN ENERGY CORP COM 976657106 1 30 SH SOLE 30
WITNESS SYS INC COM 977424100 20 1,000 SH SOLE 1,000
WJ COMMUNICATIONS INC COM 929284107 3 2,000 SH SOLE 2,000
WOLVERINE WORLD WIDE INC COM 978097103 4 164 SH SOLE 164
WORLD FUEL SVCS CORP COM 981475106 21 610 SH SOLE 610
WORTHINGTON INDS INC COM 981811102 281 14,642 SH SOLE 14,642
WRIGHT MED GROUP INC COM 98235T107 1 71 SH SOLE 71
WRIGLEY WM JR CO COM 982526105 159 2,390 SH SOLE 2,390
WSTRN ASSET/CLYMRE US TR INF COM 95766R104 275 23,160 SH SOLE 23,160
WYETH COM 983024100 156 3,387 SH SOLE 3,387
XCEL ENERGY INC COM 98389B100 1802 97,643 SH SOLE 97,643
XEROX CORP COM 984121103 1247 85,107 SH SOLE 85,107
XILINX INC COM 983919101 1 31 SH SOLE 31
XM SATELLITE RADIO HLDGS INC CL A 983759101 152 5,580 SH SOLE 5,580
XTO ENERGY INC COM 98385X106 2831 64,430 SH SOLE 64,430
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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NAME OF TITLE OF Value SHRS OR PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------------------
YAHOO INC COM 984332106 867 22,125 SH SOLE 22,125
YANKEE CANDLE INC COM 984757104 3 125 SH SOLE 125
YUM BRANDS INC COM 988498101 111 2,378 SH SOLE 2,378
ZALE CORP NEW COM 988858106 6 250 SH SOLE 250
ZIMMER HLDGS INC COM 98956P102 149 2,213 SH SOLE 2,213
ZIONS BANCORPORATION COM 989701107 851 11,262 SH SOLE 11,262
ZOMAX INC MINN COM 989929104 2 931 SH SOLE 931
ZWEIG FD COM 989834106 118 22,400 SH SOLE 22,400
ZWEIG TOTAL RETURN FD INC COM 989837109 570 121,250 SH SOLE 121,250
ZYMOGENETICS INC COM 98985T109 1 57 SH SOLE 57