James B. Loken

STOCKS (All Common)

Zimmer Holdmgs, Inc — Int/Div

Target Corp — Int/Div

Emerson Electric — Int/Div

Exxon Corp. — Int/Div

Wells Fargo & Co — Int/Div

XCel Energy. Inc — Int/Div

Vishay Precision Group — None

Amkor Technology — None — Buy (add'l)

Amkor Technology — Buy (add'l)

Oracle Corp. — Int/Div

Cyberoptics Corp. — None — Buy (add'l)

Valero Energy — Int/Div

Transocean Lid — Int/Div

Cardiovascular Systems — None — Sold (part)

Cardiovascular Systems — Sold (part)

Clearfield Inc — None — Sold (part)

Clearfield Inc — Buy (add'l)

Datalink Corp — None — Buy (add'l)

Cree Inc — None

General Motors Corp. — Int/Div — Sold

Brocade Communications — Int/Div — Sold (part)

Marvell Tech. Group — Int/Div — Sold (part)

Marvell Tech. Group — Sold

Cisco Systems — Int/Div

Communications Systems — Int/Div — Sold (part)

Communications Systems — Sold (part)

MGC Diagnostics Corp. — None — Buy (add'l)

RTI Surgical Inc — None — Sold

Bioscrip Inc — None — Buy (add'l)

Bioscrip Inc — Buy (add'l)

Bioscrip Inc — Sold

Finisar Corp. — None — Sold

Sagan Inc — None — Buy (add'l)

Sagan Inc — Buy (add'l)

Cypress Semiconductor — None

Kinder Morgan — Int/Div

Energy Transfer Partners LP — Int/Div — Buy

Energy Transfer Partners LP — Buy (add'l)

Energy Transfer Partners LP — Buy (add'l)

Delta Airlines — Int/Div — Buy

Delta Airlines — Buy (add'l)

Trinity Industries Inc — None — Buy

Trinity Industries Inc — Buy (add'l)

MUTUAL FUNDS

Columbia Acorn Fund — Int/Div

Fidelity Equity Income Fund 11 — Int/Div

Fidelity Mn. Tax Free Fund — Int/Div — Sold (part)

Fidelity Mn. Tax Free Fund — Sold (part)

Fidelity Emergmg Markets Fund — None — Sold

Fidelity Japan Fund — None — Sold

Fidelity Spartan Muni Income Fund — Int/Div

Fidelity Real Estate Inv Trust — Int/Div — Sold (part)

Fidelity Real Estate Inv Trust — Sold (part)

Harbor International Fund — Int/Div

Investment Co Amer Fund — Int/Div

Mutual Beacon Fund — Int/Div

New Perspective Fund — Int/Div

Oppenheimer Capital Inc Fund — Int/Div

Oppenheimer Strategic Income — Int/Div

Vanguard Fixed Inc Fund GNMA — Int/Div — Sold (part)

Washington Mutual Fund — Int/Div

Vanguard Windsor Fund — Int/Div

Vanguard Hi-Yield Corp. Fund — Int/Div

Vanguard Prime MM Fund — None

Vanguard Long Term Tax Exempt Fund — Int/Div

Vanguard Wellington Fund — Int/Div — Buy (add'l)

Vanguard Capital Value Fund — Int/Div

Artisan International Fund — Int/Div

Leuthold Core Inv. Fund — Int/Div

Selected American Shares Fund — Int/Div

Amer Century Equity Fund — Int/Div

Chase Growth Fund — Int/Div

Icon Health Care Fund — Int/Div

Matthews Pacific Tiger Fund — Int/Div

Muhlenkamp Fund — Int/Div

Matthews Asia Dividend Fund — Int/Div

Schwab Balanced Fund — Int/Div — Buy

MISC

F&B Building Partnership — None

RBC Prime Money Market Fund — Int/Div

Schwab Advance Cash Reserve Fund — None

Wells Fargo Bank — Interest

Fidelity Govt Cash Reserve Fund — Interest

Past President, Federal Bar Association, Mmnesota Chapter

Member, Amencuan Law Institute