William Fremming Nielsen

WEN SP RMP

Amer Intl Group — Int/Div

Applebees — Int/Div — SOLD

Atmel Corp — None

Auto Data Proc. Com — Int/Div

Bed Bath — None

Berkshire Hath — None

Biovail Corp. — None

Brightpoint — None

Broadridge Fin Sol — Int/Div — SPINOFF — ADP

Capitol One — Int/Div

Cash — Interest

Cisco — None — BOT

Citigroup Inc — Int/Div

Coca Cola — Int/Div

Com 21 Inc — None

First Data — Int/Div — SOLD

Flextronics — None

Global Crossing — None — SOLD

Home Depot — Int/Div

Honeywell Intl — Int/Div — BOT

lllinois Tool Wks — Int/Div — BOT

Intel Com — Int/Div

Intuitive Surg — None

Johnson & Johnson Com — Int/Div

LSI Logic — None

Lear Corp. — Int/Div — SOLD

Microsoft — Int/Div

St Joe Co — Int/Div

Safeway — Int/Div

United Health Grp — Int/Div — BOT

Western Union — Int/Div

WFNSP

Inland N.W. Venture Fund — None

NW Venture Assc Fund — None

WFNSP83

Aber-Fitch — Int/Div

AFLAC — Int/Div

Allied Cap — Int/Div

Amer Exp Co — Int/Div

Ameriprise Finc — Int/Div

Amgen — None

BaxterInt! E — Int/Div

Bed-Bath-B — None

Berk Hathwy Com — None

Bristol Meyers Squibb — Int/Div — SOLD

Camival Corp — Int/Div

Cisco — None

Citadel BRDCSTNG — None — SPINOFF

Coca Cola — Int/Div

Colgate Com — Int/Div

Disney Com — Int/Div

Helen of Troy — None — SOLD

Home Depot — Int/Div

Intel Corp — Int/Div

Johnson & Johnson — Int/Div

McDonalds Corp — Int/Div

Medtronic — Int/Div

Merrill Lynch Com — Int/Div

Microsoft Corp — Int/Div — GIFTED — in 2006, overlooked

NW Bancorp — Int/Div

NY Comm Bank — Int/Div

Oracle Corp. — None

Pfizer — Int/Div

Proctor & Gamble Co. — Int/Div

Safeway — Int/Div

Stanley Works — Int/Div

Starbuck's — None

S.W. Airlines Com — Int/Div

Sysco — Int/Div — BOT

Target — Int/Div

Timberland — None

Walgreen Co — Int/Div

Waters Corp. — None

Wells Fargo & Co — Int/Div

WFNSPDRSEA

Abercrombie & F — Int/Div — SOLD

Amer Intl Grp — Int/Div

Barr Labs — None — BOT

Bed Bath — None

Cash — Interest

Chevron Corp — Int/Div

Chicos — None — SOLD

Constellation Brands — None

E-Bay — None — BOT

Freescale Semiconductor — None — SOLD — on unknown date

Heinz Com — Int/Div

Home Depot — Int/Div

Ingram Micro — None

J. Hancock Bank & Thrift — Int/Div — BOT

Medtronics Inc — Int/Div

Motorola — Int/Div

Oracle Corp Com — None

Proctor & Gamble — Int/Div

Red Robin — None — BOT

Schering P Com — Int/Div

Starbucks — None — BOT

Wash Mutual — Int/Div

MEER SP RMP 346

American Exp — Int/Div

Ameriprise Finc — Int/Div

Amgen — None — SOLD

Berkshire Hath — None

Brightpoint — None — BOT

Citi Group — Int/Div

Costco — Int/Div

Fiserv Inc — None — BOT

Flextronics — None

Helen of Troy — None — SOLD

Home Depot — Int/Div

Intel Corp — Int/Div

Johnson-Johnson — Int/Div — BOT

Lear Corp. — Int/Div — SOLD

LSI Logic — None

Medtronic — Int/Div

Microsoft — Int/Div

Pfizer — Int/Div — SOLD

Southwest Airlines — Int/Div

Starbucks — None — BOT

Stryker — Int/Div

Sysco Corp — Int/Div

Target — Int/Div

TEVA Pharm — Int/Div — BOT

Wells Fargo — Int/Div

Amer Cent Intl Growth Fund — Int/Div

ML Annuity Ret Plus 27 — Int/Div

West Coast Eq. Fund — Int/Div

WT) SP RMP 139

Bed Bath Beyond — None — BOT

Bristol Meyer Squib — Int/Div — SOLD

Home Depot — Int/Div

llinois Tool — Int/Div — BOT

Lear — Int/Div — SOLD

Lord Abbett Affiliated Fund — Int/Div

Sealed Air — Int/Div — SOLD

Solectron — None — SOLD

Committee Member, Spokane YMCA Endowment Committee

Committee Member, Museum of Arts and Culture

Reimbursement — Tampa Bay Chapter of Federa! Bar Association — Salt Lake City, Utah

None.