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 4,872 696,000 SH   SOLE   696,000 0 0
ACTUATE CORP. COM 00508B102 728 99,000 SH   DFND 1 99,000 0 0
ALLOT COMMUNICATIONS, LTD. COM IL0010996 2,530 200,000 SH   SOLE   200,000 0 0
CALIX INC. COM 13100M509 7,425 583,286 SH   DFND 1 583,286 0 0
CALLIDUS SOFTWARE COM 13123E500 4,256 464,100 SH   SOLE   464,100 0 0
CITRIX SYS INC COM 177376100 311 4,400 SH   SOLE   4,400 0 0
COGNIZANT TECHNOLOGY SOL COM 192446102 328 4,000 SH   SOLE   4,000 0 0
CONSTANT CONTACT INC COM 210313102 2,003 84,600 SH   DFND 1 84,600 0 0
COVISINT CORPORATION COM 22357R103 289 22,500 SH   SOLE   22,500 0 0
DEMAND MEDIA INC. COM 24802N109 964 152,600 SH   DFND 1 152,600 0 0
GLOBAL PAYMENTS INC. COM 37940X102 271 5,300 SH   SOLE 1 5,300 0 0
GSE SYSTEMS INC COM 36227K106 1,793 1,141,800 SH   SOLE   1,141,800 0 0
HICKORYTECH CORP COM 429060106 936 82,207 SH   SOLE   82,207 0 0
INCONTACT INC COM 45336E109 1,657 200,800 SH   DFND 1 200,800 0 0
INFORMATICA CORP COM 45666Q102 452 11,600 SH   DFND 1 11,600 0 0
INPHI CORP COM 45772F107 5,201 387,300 SH   DFND 1 387,300 0 0
INTER-NAP NETWORK COM 45885A300 2,998 431,300 SH   DFND 1 431,300 0 0
INTEVAC INC COM 461148108 2,239 382,110 SH   SOLE   382,110 0 0
MATTERSIGHT CORPORATION COM 577097108 2,499 659,427 SH   DFND 1 659,427 0 0
NANOMETRICS INC COM 630077105 2,410 149,500 SH   SOLE   149,500 0 0
NEOPHOTONICS CORPORATION COM 64051T100 494 66,800 SH   SOLE   66,800 0 0
NQ MOBILE INC COM 64118U108 5,443 249,800 SH   DFND 1 249,800 0 0
02 MICRO INTERNATIONAL ADR 67107W100 67 21,700 SH   SOLE   21,700 0 0
OPLINK COMMUNICATIONS COM 68375Q106 2,928 155,600 SH   DFND 1 155,600 0 0
PEREGRINE SEMICONDUCTOR CORP COM 71366R703 1,883 209,900 SH   SOLE   209,900 0 0
POWER SOLUTIONS INT'L COM 74437C101 2,879 48,700 SH   SOLE   48,700 0 0
QUALYS INC COM 74758T303 577 26,973 SH   SOLE   26,973 0 0
REAL NETWORKS INC COM 75605L708 3,617 422,999 SH   SOLE   422,999 0 0
REALD INC COM 75604L105 1,014 144,800 SH   SOLE   144,800 0 0
SHORTEL INC COM 825211105 2,166 358,600 SH   DFND 1 358,600 0 0
TUCOWS INC COM 898697107 36 15,000 SH   SOLE 1 15,000 0 0
TREE.COM INC COM 894675107 6,111 232,700 SH   DFND 1 232,700 0 0
UNWIRED PLANET INC COM 683718308 3,627 2,096,500 SH   DFND 1 2,096,500 0 0
WEB.COM GROUP INC COM 94733A104 2,633 81,401 SH   DFND 1 81,401 0 0
ZENITH EPIGENETICS PRIVATE 000000000 146 300,500 SH   SOLE   300,500 0 0
ELOYALTY CORP. SERIES B CONV PF CVPF 290152990 115 22,475 SH   SOLE   22,475 0 0
OCZ TECHNOLOGY WTS EXP 11/01/1 WNT 6709949R5 0 267,749 SH   SOLE   267,749 0 0
RESVERLOGIX CORP WTS 06/14/16 WNT 76128M165 0 152,750 SH   SOLE   152,750 0 0
ZENITH EPIGENETICS WTS 6/14/1 WNT 989353115 35 152,750 SH   SOLE   152,750 0 0
COMVERSE INC. COM 20585P105 137 4,300 SH   SOLE   4,300 0 0
FIREYE INC COM 31816Q101 42 1,000 SH   SOLE   1,000 0 0
PAYCHEX INC COM 704326107 20 500 SH   SOLE 1 500 0 0
RED HAT INC COM 756577102 129 2,800 SH   SOLE   2,800 0 0
RINGCENTRAL INC COM 76680R206 45 2,500 SH   SOLE   2,500 0 0
SERVICENOW INC COM 81762P102 36 700 SH   SOLE 1 700 0 0
TIBCO SOFTWARE COM 88632Q103 187 7,300 SH   DFND 1 7,300 0 0
VIOLIN MEMORY INC COM 92763A101 15 2,000 SH   SOLE   2,000 0 0