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
ABBOTT LABS COM 2824100 298 6,625 SH   SOLE   0 0 6,625
ABBVIE INC COM 00287Y109 420 6,425 SH   SOLE   0 0 6,425
ALCOA INC COM 13817101 742 46,975 SH   SOLE   0 0 46,975
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 2,819 220,749 SH   SOLE   220,749 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 944 565,547 SH   SOLE   565,547 0 0
AT&T INC COM 00206R102 464 13,800 SH   SOLE   0 0 13,800
AUTOBYTEL INC COM NEW 05275N205 1,970 180,759 SH   SOLE   180,759 0 0
AXT INC COM 00246W103 1,855 662,522 SH   SOLE   662,522 0 0
BARRETT BILL CORP COM 06846N104 1,717 150,760 SH   SOLE   150,760 0 0
BEBE STORES INC COM 75571109 353 161,189 SH   SOLE   161,189 0 0
BENCHMARK ELECTRS INC COM 08160H101 1,900 74,688 SH   SOLE   74,688 0 0
BLACK DIAMOND INC COM 09202G101 2,947 336,840 SH   SOLE   336,840 0 0
BLOUNT INTL INC COM 95180105 5,646 321,364 SH   SOLE   321,364 0 0
BOSTON SCIENTIFIC CORP COM 101137107 513 38,700 SH   SOLE   0 0 38,700
BOULDER BRANDS INC COM 101405108 2,106 190,400 SH   SOLE   190,400 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 4,037 341,000 SH   SOLE   341,000 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 4,316 430,268 SH   SOLE   430,268 0 0
CALLAWAY GOLF CO COM 131193104 3,835 498,081 SH   SOLE   498,081 0 0
CAPSTONE TURBINE CORP COM 14067D102 384 518,861 SH   SOLE   518,861 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 2,248 244,845 SH   SOLE   244,845 0 0
CNO FINL GROUP INC COM 12621E103 4,438 257,726 SH   SOLE   257,726 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 569 12,875 SH   SOLE   0 0 12,875
COMVERSE INC COM 20585P105 2,187 116,468 SH   SOLE   116,468 0 0
CONSOLIDATED EDISON INC COM 209115104 536 8,125 SH   SOLE   0 0 8,125
COVANTA HLDG CORP COM 22282E102 6,035 274,200 SH   SOLE   274,200 0 0
COWEN GROUP INC NEW CL A 223622101 2,286 476,198 SH   SOLE   476,198 0 0
CRYOLIFE INC COM 228903100 3,336 294,427 SH   SOLE   294,427 0 0
CTS CORP COM 126501105 3,476 194,940 SH   SOLE   194,940 0 0
DEAN FOODS CO COM NEW 242370203 6,473 334,000 SH   SOLE   334,000 0 0
DYNEGY INC NEW COM 26817R108 3,609 118,906 SH   SOLE   118,906 0 0
EASTMAN KODAK CO COM NEW 277461406 2,572 118,451 SH   SOLE   118,451 0 0
ELECTRO SCIENTIFIC INDS COM 285229100 3,941 507,925 SH   SOLE   507,925 0 0
EMCOR GROUP INC COM 29084Q100 1,339 30,099 SH   SOLE   30,099 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 5,804 96,988 SH   SOLE   96,988 0 0
EXELON CORP COM 30161N101 411 11,090 SH   SOLE   0 0 11,090
EXPRESS INC COM 30219E103 4,823 328,347 SH   SOLE   328,347 0 0
FIRSTMERIT CORP COM 337915102 6,066 321,139 SH   SOLE   321,139 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 5,668 431,030 SH   SOLE   431,030 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 5,941 177,067 SH   SOLE   177,067 0 0
GAIAM INC CL A 36268Q103 2,101 294,626 SH   SOLE   294,626 0 0
GENERAL ELECTRIC CO COM 369604103 379 15,000 SH   SOLE   0 0 15,000
GENWORTH FINL INC COM CL A 37247D106 2,552 300,275 SH   SOLE   278,400 0 21,875
GFI GROUP INC COM 361652209 110 20,100 SH   SOLE   20,100 0 0
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 4,700 340,298 SH   SOLE   340,298 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 868 20,825 SH   SOLE   0 0 20,825
HOOPER HOLMES INC COM 439104100 1,084 2,105,613 SH   SOLE   2,105,613 0 0
HUNTSMAN CORP COM 447011107 591 25,925 SH   SOLE   0 0 25,925
IAC INTERACTIVECORP COM PAR $.001 44919P508 2,587 42,559 SH   SOLE   42,559 0 0
INTRALINKS HLDGS INC COM 46118H104 1,867 156,889 SH   SOLE   156,889 0 0
INVACARE CORP COM 461203101 3,319 198,060 SH   SOLE   198,060 0 0
IPASS INC COM 46261V108 1,942 1,417,528 SH   SOLE   1,417,528 0 0
JANUS CAP GROUP INC COM 47102X105 4,295 266,268 SH   SOLE   266,268 0 0
JETBLUE AIRWAYS CORP COM 477143101 6,100 384,605 SH   SOLE   384,605 0 0
JOHNSON & JOHNSON COM 478160104 261 2,500 SH   SOLE   0 0 2,500
JOURNAL COMMUNICATIONS INC CL A 481130102 6,429 562,498 SH   SOLE   562,498 0 0
KCG HLDGS INC CL A 48244B100 5,779 496,048 SH   SOLE   496,048 0 0
KRATON PERFORMANCE POLYMERS COM 50077C106 2,053 98,749 SH   SOLE   98,749 0 0
LIBERATOR MEDICAL HLDGS INC COM 53012L108 352 121,497 SH   SOLE   121,497 0 0
LMI AEROSPACE INC COM 502079106 2,136 151,462 SH   SOLE   151,462 0 0
LSI INDS INC COM 50216C108 3,809 560,985 SH   SOLE   560,985 0 0
MATTSON TECHNOLOGY INC COM 577223100 5,985 1,760,330 SH   SOLE   1,760,330 0 0
MCDERMOTT INTL INC COM 580037109 2,479 851,721 SH   SOLE   851,721 0 0
METLIFE INC COM 59156R108 622 11,500 SH   SOLE   0 0 11,500
MFA FINL INC COM 55272X102 4,305 538,792 SH   SOLE   538,792 0 0
MICROSOFT CORP COM 594918104 408 8,775 SH   SOLE   0 0 8,775
MONDELEZ INTL INC CL A 609207105 292 8,050 SH   SOLE   0 0 8,050
MONTPELIER RE HOLDINGS LTD SHS G62185106 2,464 68,800 SH   SOLE   68,800 0 0
MORGAN STANLEY COM NEW 617446448 624 16,075 SH   SOLE   0 0 16,075
NEOPHOTONICS CORP COM 64051T100 2,734 808,973 SH   SOLE   808,973 0 0
NISOURCE INC COM 65473P105 582 13,725 SH   SOLE   0 0 13,725
OFFICE DEPOT INC COM 676220106 3,841 447,937 SH   SOLE   447,937 0 0
ORTHOFIX INTL N V COM N6748L102 4,917 163,586 SH   SOLE   163,586 0 0
OWENS & MINOR INC NEW COM 690732102 5,609 159,742 SH   SOLE   159,742 0 0
OWENS ILL INC COM COM NEW 690768403 439 16,250 SH   SOLE   0 0 16,250
PAN AMERICAN SILVER CORP COM 697900108 2,600 282,574 SH   SOLE   282,574 0 0
PFIZER INC COM 717081103 340 10,905 SH   SOLE   0 0 10,905
PHOENIX COS INC NEW COM NEW 71902E604 1,196 17,359 SH   SOLE   17,359 0 0
PRGX GLOBAL INC COM NEW 69357C503 3,849 672,820 SH   SOLE   672,820 0 0
REALNETWORKS INC COM NEW 75605L708 3,751 532,756 SH   SOLE   532,181 0 575
SANDRIDGE ENERGY INC COM 80007P307 295 161,927 SH   SOLE   161,927 0 0
SANMINA CORPORATION COM 801056102 3,121 132,640 SH   SOLE   132,640 0 0
SEABOARD CORP COM 811543107 3,039 724 SH   SOLE   724 0 0
SEACHANGE INTL INC COM 811699107 4,128 647,013 SH   SOLE   647,013 0 0
SELECTIVE INS GROUP INC COM 816300107 5,487 201,934 SH   SOLE   201,934 0 0
STERLING CONSTRUCTION CO INC COM 859241101 357 55,937 SH   SOLE   55,937 0 0
STEWART INFORMATION SVCS COR COM 860372101 4,240 114,464 SH   SOLE   114,464 0 0
SUPERIOR INDS INTL INC COM 868168105 2,422 122,408 SH   SOLE   122,408 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 2,893 433,036 SH   SOLE   433,036 0 0
TRAVELCENTERS OF AMERICA LLC COM 894174101 4,956 392,732 SH   SOLE   392,732 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 4,326 247,052 SH   SOLE   247,052 0 0
TRUSTCO BK CORP N Y COM 898349105 433 59,650 SH   SOLE   0 0 59,650
VIOLIN MEMORY INC COM 92763A101 4,134 863,068 SH   SOLE   863,068 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 4,460 315,160 SH   SOLE   315,160 0 0
VISTEON CORP COM NEW 92839U206 1,206 11,288 SH   SOLE   11,288 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 3,593 950,555 SH   SOLE   950,555 0 0
VONAGE HLDGS CORP COM 92886T201 5,962 1,564,894 SH   SOLE   1,564,894 0 0
W&T Offshore Inc COM 92922P106 1,764 240,279 SH   SOLE   240,279 0 0
XEROX CORP COM 984121103 656 47,350 SH   SOLE   0 0 47,350
YAHOO INC COM 984332106 355 7,025 SH   SOLE   0 0 7,025