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
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
ABSOLUTE SOFTWARE CORPORATION COM 00386B109 8,351 1,285,200 SH   SOLE 0 1,285,200 0 0
ACTUATE CORP. COM 00508B102 764 115,000 SH   DFND 1 115,000 0 0
ALLOT COMMUNICATIONS, LTD. COM IL0010996 8,226 600,000 SH   SOLE 0 600,000 0 0
ANADIGICS INC. COM 032515108 2,398 1,090,000 SH   SOLE 0 1,090,000 0 0
BOINGO WIRELESS INC COM 09739C102 2,124 342,000 SH   DFND 1 342,000 0 0
BRIGHTCOVE, INC. COM 10921T101 3,580 408,700 SH   SOLE 0 408,700 0 0
CALIX INC. COM 13100M509 14,739 1,459,274 SH   DFND 1 1,459,274 0 0
CALLIDUS SOFTWARE COM 13123E500 8,759 1,329,100 SH   SOLE 0 1,329,100 0 0
CARBONITE INC. COM 141337105 271 21,900 SH   SOLE 0 21,900 0 0
CIENA COM 171779101 567 29,200 SH   SOLE 0 29,200 0 0
CITRIX SYS INC COM 177376100 1,412 23,400 SH   SOLE 0 23,400 0 0
COGNIZANT TECHNOLOGY SOL COM 192446102 1,353 21,600 SH   SOLE 0 21,600 0 0
COMMVAULT SYSTEMS INC COM 204166102 1,199 15,800 SH   SOLE 0 15,800 0 0
COMVERSE INC COM 20585P105 606 20,430 SH   SOLE 0 20,430 0 0
CONSTANT CONTACT INC COM 210313102 2,022 125,800 SH   DFND 1 125,800 0 0
DEMAND MEDIA INC. COM 24802N109 1,764 294,000 SH   DFND 1 294,000 0 0
EGAIN COMMUNICATIONS CORP COM 28225C806 2,895 300,900 SH   DFND 1 300,900 0 0
GLOBAL PAYMENTS INC. COM 37940X102 1,357 29,300 SH   SOLE 0 29,300 0 0
GSE SYSTEMS INC COM 36227K106 1,724 1,141,800 SH   SOLE 0 1,141,800 0 0
GUIDANCE SOFTWARE INC COM 401692108 2,435 278,600 SH   SOLE 0 278,600 0 0
HICKORYTECH CORP COM 429060106 874 82,207 SH   SOLE 0 82,207 0 0
INCONTACT INC COM 45336E109 3,645 443,400 SH   DFND 1 443,400 0 0
INFORMATICA CORP COM 45666Q102 1,693 48,400 SH   DFND 1 48,400 0 0
INPHI CORP COM 45772F107 8,543 776,600 SH   DFND 1 776,600 0 0
INTER-NAP NETWORK COM 45885A300 7,408 895,800 SH   SOLE 0 895,800 0 0
INTEVAC INC COM 461148108 2,163 382,110 SH   SOLE 0 382,110 0 0
IXIA COM 45071r109 2,326 126,400 SH   SOLE 0 126,400 0 0
JDS UNIPHASE CORP COM 46612J507 950 66,000 SH   SOLE 0 66,000 0 0
KEYNOTE SYS INC COM 493308100 2,964 149,100 SH   SOLE 0 149,100 0 0
KVH INDUSTRIES INC COM 482738101 1,377 103,478 SH   SOLE 0 103,478 0 0
LAM RESEARCH CORP COM 512807108 878 19,800 SH   SOLE 0 19,800 0 0
LOGMEIN INC ADR 54142L109 3,914 160,000 SH   SOLE 0 160,000 0 0
MATTERSIGHT CORPORATION COM 577097108 1,846 659,427 SH   DFND 1 659,427 0 0
MAXIM INTEGRATED COM 57772K101 889 32,000 SH   SOLE 0 32,000 0 0
MICROSTRATEGY INC COM 594972408 3,487 40,100 SH   DFND 1 40,100 0 0
MILLENIAL MEDIA INC COM 60040N105 4,790 550,000 SH   SOLE 0 550,000 0 0
MOSYS INC COM 619718109 962 239,400 SH   SOLE 0 239,400 0 0
NANOMETRICS INC COM 630077105 2,633 179,500 SH   SOLE 0 179,500 0 0
NEOPHOTONICS CORPORATION COM 64051T100 4,257 489,900 SH   SOLE 0 489,900 0 0
NQ MOBILE INC ADR 64118U108 7,378 913,100 SH   DFND 1 913,100 0 0
OPLINK COMMUNICATIONS COM 68375Q106 6,107 351,600 SH   DFND 1 351,600 0 0
PARAMETRIC TECH CORP COM 699173209 1,428 58,200 SH   SOLE 0 58,200 0 0
PEREGRINE SEMICONDUCTOR CORP COM 71366R703 4,759 436,200 SH   SOLE 0 436,200 0 0
PROCERA NETWORKS INC COM 74269U203 1,991 145,000 SH   SOLE 0 145,000 0 0
PROGRESS SOFTWARE CORP COM 743312100 1,910 83,000 SH   SOLE 0 83,000 0 0
PROOFPOINT INC COM 743424103 7,359 303,474 SH   SOLE 0 303,474 0 0
QUALYS INC COM 74758T303 1,478 91,673 SH   SOLE 0 91,673 0 0
REAL NETWORKS INC COM 75605L708 8,376 1,107,899 SH   SOLE 0 1,107,899 0 0
REALD INC COM 75604L105 2,356 169,500 SH   SOLE 0 169,500 0 0
RED HAT INC COM 756577102 1,368 28,600 SH   SOLE 0 28,600 0 0
RESVERLOGIX CORP RESTRICTED COM 76128M108 56 255,500 SH   SOLE 0 255,500 0 0
RIVERBED TECHNOLOGY INC COM 768573107 734 47,200 SH   SOLE 0 47,200 0 0
RIVERSTONE NETWORKS COM 769320995 0 2,284,000 SH   SOLE 0 2,284,000 0 0
SABA SOFTWARE INC COM 784932600 222 22,800 SH   SOLE 0 22,800 0 0
SANDVINE CORP COM CA8002131 1,609 813,200 SH   SOLE 0 813,200 0 0
SHORTEL INC COM 825211105 1,010 250,600 SH   DFND 1 250,600 0 0
SILICON LABORATORIES INC COM 826919102 634 15,300 SH   SOLE 0 15,300 0 0
TIBCO SOFTWARE INC COM 88632Q103 1,402 65,500 SH   DFND 1 65,500 0 0
TUCOWS INC COM 898697107 28 15,000 SH   SOLE 0 15,000 0 0
TREE.COM INC COM 894675107 9,939 579,900 SH   DFND 1 579,900 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 871 31,000 SH   SOLE 0 31,000 0 0
UNWIRED PLANET INC COM 683718308 6,105 3,146,838 SH   DFND 1 3,146,838 0 0
WEB.COM GROUP INC COM 94733A104 11,512 449,701 SH   DFND 1 449,701 0 0
ZENITH EPIGENETICS PRIVATE 000000000 146 300,500 SH   SOLE 0 300,500 0 0
ELOYALTY CORP. SERIES B CONV PF CVPF 290152990 115 22,475 SH   SOLE 0 22,475 0 0
OCZ TECHNOLOGY WTS EXP 11/01/1 WNT 6709949R5 0 267,749 SH   SOLE 0 267,749 0 0
RESVERLOGIX CORP WTS 06/14/16 WNT 76128M165 0 152,750 SH   SOLE 0 152,750 0 0
ZENITH EPIGENETICS WTS 6/14/1 WNT 989353115 35 152,750 SH   SOLE 0 152,750 0 0
FORTINET INC COM 34959E109 28 1,600 SH   SOLE 0 1,600 0 0
PAYCHEX INC COM 704326107 26 700 SH   SOLE 0 700 0 0
SERVICENOW INC COM 81762P102 28 700 SH   SOLE 0 700 0 0