The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CARDINAL HEALTH INC COM 14149Y108 2,404,610 34,900 SH SOLE 34,900 0 0
CISCO SYS INC COM 17275R102 812,364 34,466 SH SOLE 34,466 0 0
CONOCOPHILLIPS COM 20825C104 254,667 3,648 SH SOLE 3,648 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 434,557 14,558 SH SOLE 14,558 0 0
EXXON MOBIL CORP COM 30231G102 5,541,868 133,250 SH SOLE 133,250 0 0
JPMORGAN CHASE & CO COM 46625H100 300,194 7,156 SH SOLE 7,156 0 0
ORACLE CORP COM 68389X105 349,200 29,100 SH SOLE 29,100 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 280,836 7,882 SH SOLE 7,882 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 201,884 1,785 SH SOLE 1,785 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 249,964 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 233,726 29,850 SH SOLE 29,850 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 229,173 17,270 SH SOLE 17,270 0 0
NELNET INC CL A 64031N108 15,908,934 626,336 SH SOLE 626,336 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 547,941 122,582 SH SOLE 122,582 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 886,008 97,150 SH SOLE 97,150 0 0
AIR PRODS & CHEMS INC COM 009158106 496,238 9,901 SH SOLE 9,901 0 0
APPLIED MATLS INC COM 038222105 1,793,853 84,100 SH SOLE 84,100 0 0
BECTON DICKINSON & CO COM 075887109 736,896 15,200 SH SOLE 15,200 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 519,007 21,420 SH SOLE 21,420 0 0
CHEVRON CORP NEW COM 166764100 2,181,333 24,850 SH SOLE 24,850 0 0
CLOROX CO DEL COM 189054109 467,091 9,550 SH SOLE 9,550 0 0
COCA COLA CO COM 191216100 411,353 8,178 SH SOLE 8,178 0 0
COLGATE PALMOLIVE CO COM 194162103 1,289,340 23,400 SH SOLE 23,400 0 0
CONAGRA BRANDS INC COM 205887102 1,440,428 53,468 SH SOLE 53,468 0 0
DISNEY WALT CO COM DISNEY 254687106 846,886 33,889 SH SOLE 33,889 0 0
GENERAL ELECTRIC CO COM 369604103 1,732,803 56,776 SH SOLE 56,776 0 0
HOME DEPOT INC COM 437076102 1,649,481 44,151 SH SOLE 44,151 0 0
HONEYWELL INTL INC COM 438516106 946,954 27,975 SH SOLE 27,975 0 0
IDACORP INC COM 451107106 426,972 14,280 SH SOLE 14,280 0 0
INTEL CORP COM 458140100 1,775,344 65,270 SH SOLE 65,270 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 472,976 5,150 SH SOLE 5,150 0 0
JOHNSON & JOHNSON COM 478160104 1,066,895 21,035 SH SOLE 21,035 0 0
MARATHON OIL CORP COM 565849106 831,649 24,700 SH SOLE 24,700 0 0
MICROSOFT CORP COM 594918104 1,680,531 67,410 SH SOLE 67,410 0 0
PAYCHEX INC COM 704326107 1,394,630 39,175 SH SOLE 39,175 0 0
PFIZER INC COM 717081103 2,951,981 84,222 SH SOLE 84,222 0 0
PLUM CREEK TIMBER CO INC COM 729251108 317,037 9,761 SH SOLE 9,761 0 0
SAFEWAY INC COM 786514208 356,549 17,325 SH SOLE 17,325 0 0
SCHLUMBERGER LTD COM 806857108 408,640 6,400 SH SOLE 6,400 0 0
STEWART ENTERPRISES INC CL A 860370105 1,302,762 179,197 SH SOLE 179,197 0 0
SYSCO CORP COM 871829107 122,921,512 3,147,798 SH SOLE 3,147,798 0 0
TEXAS INSTRS INC COM 882508104 441,222 15,100 SH SOLE 15,100 0 0
US BANCORP DEL COM NEW 902973304 10,251,707 370,767 SH SOLE 370,767 0 0
UNION PAC CORP COM 907818108 267,994 4,480 SH SOLE 4,480 0 0
WALMART INC COM 931142103 238,760 4,000 SH SOLE 4,000 0 0
WALGREEN CO COM 931422109 313,025 9,500 SH SOLE 9,500 0 0
WELLS FARGO CO NEW COM 949746101 4,596,844 81,116 SH SOLE 81,116 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 59,000 14,750 SH SOLE 14,750 0 0
CITIGROUP INC COM 172967101 318,265 6,156 SH SOLE 6,156 0 0
MOTOROLA INC COM 620076109 1,304,160 74,100 SH SOLE 74,100 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 50,710 11,048 SH SOLE 11,048 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 319,746 49,650 SH SOLE 49,650 0 0
TRINITY INDS INC COM 896522109 850,680 30,600 SH SOLE 30,600 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 2,267,927 729 SH SOLE 729 0 0
MERCK & CO INC COM 589331107 949,422 21,485 SH SOLE 21,485 0 0
SCHERING PLOUGH CORP COM 806605101 238,840 14,725 SH SOLE 14,725 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,087,473 16,075 SH SOLE 16,075 0 0
AMERICAN INTL GROUP INC COM 026874107 221,327 3,102 SH SOLE 3,102 0 0
WASHINGTON MUT INC COM 939322103 1,746,839 40,900 SH SOLE 40,900 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 310,590 30,450 SH SOLE 30,450 0 0
GANNETT INC COM 364730101 896,824 10,175 SH SOLE 10,175 0 0
ZIONS BANCORPORATION N A COM 989701107 605,260 10,600 SH SOLE 10,600 0 0
SAFECO CORP COM 786429100 711,480 16,500 SH SOLE 16,500 0 0
ALLTEL CORP COM 020039103 7,839,016 157,126 SH SOLE 157,126 0 0
WD-40 CO COM 929236107 324,100 9,260 SH SOLE 9,260 0 0
COLONIAL INVT GRADE MUN TR SH BEN INT 195768106 143,773 13,300 SH SOLE 13,300 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 188,892 31,800 SH SOLE 31,800 0 0
FIRST DATA CORP COM 319963104 1,066,648 25,300 SH SOLE 25,300 0 0
KINDER MORGAN INC KANS COM 49455P101 502,584 7,975 SH SOLE 7,975 0 0
NASDAQ 100 TR UNIT SER 1 631100104 246,221 6,870 SH SOLE 6,870 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 172,000 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 211,896 10,800 SH SOLE 10,800 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 475,404 68,700 SH SOLE 68,700 0 0
LUCENT TECHNOLOGIES INC COM 549463107 69,209 16,839 SH SOLE 16,839 0 0
NUVEEN INSD QUALITY MUN FD I COM 67062N103 229,568 13,600 SH SOLE 13,600 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 241,395 6,050 SH SOLE 6,050 0 0
VAN KAMPEN VALUE MUN INCOME COM 921132106 216,089 14,050 SH SOLE 14,050 0 0
COMPUTER ASSOC INTL INC COM 204912109 741,336 27,600 SH SOLE 27,600 0 0
OPPENHEIMER MULTI-SECTOR INC SH BEN INT 683933105 1,319,959 152,950 SH SOLE 152,950 0 0
NUVEEN MUN VALUE FD INC COM 670928100 95,300 10,000 SH SOLE 10,000 0 0
SUNGARD DATA SYS INC COM 867363103 1,911,835 69,775 SH SOLE 69,775 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 70,107 14,163 SH SOLE 14,163 0 0
UNOCAL CORP COM 915289102 1,254,472 33,650 SH SOLE 33,650 0 0
DPL INC COM 233293109 321,562 17,150 SH SOLE 17,150 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 345,917 14,300 SH SOLE 14,300 0 0
KING PHARMACEUTICALS INC COM 495582108 1,460,297 86,716 SH SOLE 86,716 0 0
RITE AID CORP COM COM 767754104 104,448 19,200 SH SOLE 19,200 0 0
ZALE CORP COM 988858106 1,661,850 27,000 SH SOLE 27,000 0 0
ZWEIG TOTAL RETURN FD INC COM 989837109 95,604 18,350 SH SOLE 18,350 0 0
BANK ONE CORP COM 06423A103 776,419 14,241 SH SOLE 14,241 0 0
FEDERAL NATL MTG ASSN COM 313586109 527,885 7,100 SH SOLE 7,100 0 0
LAFARGE NORTH AMERICA INC COM 505862102 424,793 10,450 SH SOLE 10,450 0 0
UNION PLANTERS CORP COM 908068109 317,903 10,650 SH SOLE 10,650 0 0
SALOMON BROS HIGH INCOME FD COM 79547Q106 165,856 14,600 SH SOLE 14,600 0 0
VAN KAMPEN SENIOR INCOME TR COM 920961109 114,590 13,096 SH SOLE 13,096 0 0
MAYTAG CORP COM 578592107 692,172 21,925 SH SOLE 21,925 0 0