UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	WASHINGTON, D.C.  20549

	SCHEDULE 13G
(Amendment No. 2)

	Under the Securities Exchange Act of 1934


CSP Inc.
	(Name of Issuer)

Common Stock (par value $0.01 per share)
	(Title of Class of Securities)

126389105
	(CUSIP Number)


May 31, 2007
(Date of Event which Requires
Filing of this Statement)


Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

    [ ]  Rule 13d-1(b)
    [X]  Rule 13d-1(c)
    [ ]  Rule 13d-1(d)

*The remainder of this cover page shall be filled out or a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).



CUSIP No. 126389105	SCHEDULE 13G	Page 2 of 5


1	Name of Reporting Person	Tapestry Investment Partners, LP
	IRS Identification No. of Above Person	30-0175212

2	Check the Appropriate Box if a Member of a Group
			(a)	[ ]
			(b)	[ ]

3	SEC USE ONLY


4	Citizenship or Place of Organization

		Rhode Island

			5	Sole Voting Power

				232,500

	NUMBER OF	6	Shared Voting Power
	SHARES
	BENEFICIALLY			-0-
	OWNED BY EACH
	REPORTING	7	Sole Dispositive Power
	PERSON WITH
				232,500

		8	Shared Dispositive Power

				-0-

9	Aggregate Amount Beneficially Owned by each Reporting
Person

	232,500

10	Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares*	      [ ]

11	Percent of Class Represented by Amount in Row 9

	6.1%

12	Type of Reporting Person*

	OO, PN


 CUSIP No. 126389105	SCHEDULE 13G	Page 3 of 5


Item 1(a).	Name of Issuer.

	CSP Inc.

Item 1(b).	Address of Issuer's Principal Executive Offices.

	43 Manning Road, Billerica, Massachusetts 01821-3901

Item 2(a).	Names of Persons Filing.

	Tapestry Investment Partners, LP.

Item 2(b).	Address of Principal Business Office or, if none,
Residence.

	The office address for Tapestry Investment Partners, LP is
10 Weybosset Street, Suite 401, Providence, RI  02903

Item 2(c).	Citizenship.

	Tapestry Investment Partners, LP is a Rhode Island limited
partnership.

Item 2(d).	Title of Class of Securities.

	Common Stock (par value $0.01 per share)

Item 2(e).	CUSIP Number.

	126389105

Item 3.	If this statement is filed pursuant to 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:

(a)  [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).

(b)  [ ] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).

(c)  [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).

(d)  [ ] Investment company registered under section 8 of the
Investment Company act of 1940 (15 U.S.C. 80a-8).

(e)  [ ] An investment adviser in accordance with 240.13d-
1(b)(1)(ii)(E).


CUSIP No. 126389105	SCHEDULE 13G	Page 4 of 5

(f)  [ ] An employee benefit plan or endowment fund in
accordance with 240.13d-1(b)(1)(ii)(F).

(g)  [X] A parent holding company or control person in
accordance with 240.13b-1(b)(1)(ii)(G).

(h)  [ ] A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)  [ ] A church plan that is excluded form the definition of
an investment company under section 3(c)(14) of the Investment
Company act of 1940 (15 U.S.C. 80a-3).

(j)  [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Item 4.	Ownership.

	Reference is made hereby made to Items 5-9 and 11 of page
two (2) of this Schedule 13G, which Items are incorporated by
reference herein.

Item 5.	Ownership of Five Percent or Less of a Class.

	Not applicable..

Item 6.	Ownership of More Than Five Percent on Behalf of
Another Person.

	Not applicable.

Item 7.	Identification and Classification of the Subsidiary
which Acquired the Security Being Reported on by the Parent
Holding Company.

	Not applicable.



CUSIP No. 126389105	SCHEDULE 13G	Page 5 of 5

Item 8.	Identification and Classification of Members of the
Group.

	Not applicable.

Item 9.	Notice of Dissolution of Group.

	Not applicable.

Item 10.	Certification.

	By signing below, Tapestry Investment Partners, LP
certifies that, to the best of its knowledge and belief, the
securities referred to above on page two (2) of this Schedule
13G were acquired and are held in the ordinary course of
business and were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction
having that purpose or effect.

Signature

	After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certifies that the information set
forth in this statement is true, complete and correct.


DATED:	June 19, 2007

	Tapestry Investment Partners, LP



	/s/ Gary S. Siperstein
	_____________________________
	By:  Gary S. Siperstein
	its: General Partner's Managing Member