13F-HR 1 brightfieldcapital123105.txt 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 30, 2005 Check here if Amendment [ ]; Amendment Number: This amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Brightfield Capital Management Address: 780 3rd Avenue 45th Floor New York, NY 13 File Number: 28-10020 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 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: Kenneth Epstein Title: General Partner Phone: Signature, Place and Date of Signing: Kenneth Epstein New York, NY January 13, 2006 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 67 Form 13F Information Table Value Total: 172919 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- -------- D 3COM CORP COM COMMON STOCK 885535104 2880 800000 SH SOLE 800000 0 0 D ACTIVCARD CORP COMMON STOCK 00506J107 1584 453900 SH SOLE 453900 0 0 D ARIBA INC COMMON STOCK 04033V203 276 37601 SH SOLE 37601 0 0 D ASYST TECHNOLOGIES INC COMMON STOCK 04648X107 4576 800000 SH SOLE 800000 0 0 D AVANEX CORP COM STK COMMON STOCK 05348W109 2980 2175000 SH SOLE 2175000 0 0 D AXCELIS TECHS COM STK COMMON STOCK 054540109 2385 500000 SH SOLE 500000 0 0 D BINDVIEW DEVELOPMENT CORP COM COMMON STOCK 090327107 796 200000 SH SOLE 200000 0 0 D BOTTOMLINE TECH INC COM STK COMMON STOCK 101388106 2204 200000 SH SOLE 200000 0 0 D BROOKS AUTOMATION INC COMMON STOCK 114340102 3446 275000 SH SOLE 275000 0 0 D C-CORP INCORPORATED COMMON STOCK 125010108 3143 646798 SH SOLE 646798 0 0 D CALIFORNIA MICRO DEVICES CORP COMMON STOCK 130439102 2604 400000 SH SOLE 400000 0 0 D COGENT COMM GROUP INC NEW COMMON STOCK 19239V302 3422 623300 SH SOLE 623300 0 0 D CONEXANT SYSTEMS INC COM STK COMMON STOCK 207142100 2712 1200000 SH SOLE 1200000 0 0 D COVAD COMMUNICATIONS GROUP COM COMMON STOCK 222814204 3651 3725000 SH SOLE 3725000 0 0 D DDI CORP COMMON STOCK 233162304 4343 4572084 SH SOLE 4572084 0 0 D DIAMOND CLUSTER INTL COM COMMON STOCK 25278P106 1985 250000 SH SOLE 250000 0 0 D E M C CORP MASS COM COMMON STOCK 268648102 2724 200000 SH SOLE 200000 0 0 D ELOYALTY CORP SHS COMMON STOCK 290151307 3711 360600 SH SOLE 360600 0 0 D ENTERASYS NETWORKS INC COM NEW COMMON STOCK 293637401 3984 300000 SH SOLE 300000 0 0 D EXFO ELECTRO OPTICAL ENGINEE COMMON STOCK 302043104 330 73267 SH SOLE 73267 0 0 D EXTREME NETWORKS INC USD COM COMMON STOCK 30226D106 6579 1385000 SH SOLE 1385000 0 0 D FOUNDRY NETWORKS INC COM COMMON STOCK 35063R100 2762 200000 SH SOLE 200000 0 0 D FUNDTECH LTD COM STK COMMON STOCK M47095100 717 70064 SH SOLE 70064 0 0 D GLOBECOMM SYSTEMS INC COMMON STOCK 37956X103 3394 550000 SH SOLE 550000 0 0 D HARMONIC INC COM STK COMMON STOCK 413160102 1259 259626 SH SOLE 259626 0 0 D HUTCHINSON TECHNOLOGY INC COMMON STOCK 448407106 1707 60000 SH SOLE 60000 0 0 D INTEL CORP COM COMMON STOCK 458140100 2496 100000 SH SOLE 100000 0 0 D INTERWOVEN COM COMMON STOCK 46114T508 4235 500000 SH SOLE 500000 0 0 D IONA TECHNOLIGIES PLC ADR ADRS STOCKS 46206P109 1825 618795 SH SOLE 618795 0 0 D LATTICE SEMICONDUCTOR CORP COMMON STOCK 518415104 1574 364327 SH SOLE 364327 0 0 D LINEAR TECHNOLOGY CO RP USD CO COMMON STOCK 535678106 3607 100000 SH SOLE 100000 0 0 D LUCENT TECHNOLOGIES INC COM COMMON STOCK 549463107 2527 950000 SH SOLE 950000 0 0 D MAGMA DESIGN COMMON STOCK 559181102 1596 189729 SH SOLE 189729 0 0 D MCDATA CORP CL-A COM COMMON STOCK 580031201 3040 800000 SH SOLE 800000 0 0 D MENTOR GRAPHICS CORP COM COMMON STOCK 587200106 1034 100000 SH SOLE 100000 0 0 D MERIX CORP COM COMMON STOCK 590049102 3977 550000 SH SOLE 550000 0 0 D MICROMUSE INC COM COMMON STOCK 595094103 4352 440000 SH SOLE 440000 0 0 D MICRON TECHNOLOGY INC COM COMMON STOCK 595112103 2662 200000 SH SOLE 200000 0 0 D MICROSOFT CORP COM COMMON STOCK 594918104 2615 100000 SH SOLE 100000 0 0 D MIPS TECHNOLOGIES INC COMMON R COMMON STOCK 604567107 2329 410000 SH SOLE 410000 0 0 D NETMANAGE INC COM NEW COMMON STOCK 641144308 2186 410115 SH SOLE 410115 0 0 D NETWORK EQUIP TECHNOLOGIES COMMON STOCK 641208103 2640 600000 SH SOLE 600000 0 0 D PARAMETRIC TECHNOLOGY CORP COMMON STOCK 699173100 520 85182 SH SOLE 85182 0 0 D PEMSTAR INC COMMON STOCK 706552106 1909 1289801 SH SOLE 1289801 0 0 D PERFORMANCE TECHNOLOGIES INC COMMON STOCK 71376K102 2580 315000 SH SOLE 315000 0 0 D PHOTON DYNAMICS INC COM COMMON STOCK 719364101 1651 90300 SH SOLE 90300 0 0 D PHOTRONICS INC COM STK COMMON STOCK 719405102 3560 236401 SH SOLE 236401 0 0 D PLANAR SYSTEMS INC COM COMMON STOCK 726900103 2439 291358 SH SOLE 291358 0 0 D PROGRAMMERS PARADISE INC COM COMMON STOCK 743205106 1986 166452 SH SOLE 166452 0 0 D QUEST SOFTWARE INC COM COMMON STOCK 74834T103 2686 184100 SH SOLE 184100 0 0 D QUICKLOGIC CORP COM STK COMMON STOCK 74837P108 5036 1275000 SH SOLE 1275000 0 0 D RF MICRO DEVICES INC COMMON STOCK 749941100 3381 625000 SH SOLE 625000 0 0 D SANMINA-SCI CORP COM COMMON STOCK 800907107 3195 750000 SH SOLE 750000 0 0 D SIGMATEL INC COMMON STOCK 82661W107 1376 105000 SH SOLE 105000 0 0 D SKYWORKS SOLUTIONS I NC COMMON STOCK 83088M102 2927 575000 SH SOLE 575000 0 0 D STRATEX NETWORKS COMMON STOCK 86279T109 6400 1787679 SH SOLE 1787679 0 0 D SYCAMORE NETWORK INC COM STK COMMON STOCK 871206108 696 161000 SH SOLE 161000 0 0 D SYMANTEC CORP COM COMMON STOCK 871503108 3238 185000 SH SOLE 185000 0 0 D TEGAL CORP COM COMMON STOCK 879008100 882 1547900 SH SOLE 1547900 0 0 D TERABEAM INC COM COMMON STOCK 88077B108 113 40550 SH SOLE 40550 0 0 D TIBCO SOFTWARE INC USD COM COMMON STOCK 88632Q103 2540 340000 SH SOLE 340000 0 0 D TUT SYSTEMS INC COM STK COMMON STOCK 901103101 625 209192 SH SOLE 209192 0 0 D VEECO INSTRUMENTS INC COM COMMON STOCK 922417100 1733 100000 SH SOLE 100000 0 0 D VIGNETTECORP COMMON STOCK 926734401 3262 200000 SH SOLE 200000 0 0 D VIRAGE LOGIC CP COM STK COMMON STOCK 92763R104 1976 200000 SH SOLE 200000 0 0 D XILINX INC COM COMMON STOCK 983919101 2521 100000 SH SOLE 100000 0 0 D ZHONE TECHNLGS COMMON STOCK 98950P108 2838 1338786 SH SOLE 1338786 0 0 S REPORT SUMMARY 67 DATA RECORDS 172919 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED