UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  Schedule 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No.   )*

                                  Neoware Inc.
                                (Name of Issuer)

                     Common Stock, $1.00 per value per share
                         (Title of Class of Securities)

                                   64065P-10-2
                                 (CUSIP Number)

*The remainder of this cover page shall be filled out for 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).



1)    Names of Reporting Persons
      S.S. or I.R.S. Identification Nos. Of Above Persons:

      Central Securities Corporation
      13-1875970

2)    Check the appropriate Box if a Member of a Group

      (a)                   (b) Not Applicable

3)    SEC Use Only

4)    Citizenship or Place of Organization:

      Delaware

 Numbers of             5)    Sole Voting Power
 Shares                       1,500,000
 Beneficially
 Owned by               6)    Shared Voting Power
 Each                         -0-
 Reporting
 Person                 7)    Sole Dispositive Power
 With                         1,500,000

                        8)    Shared Dispositive Power
                              -0-

9)    Aggregate Amount Beneficially Owned by Each Reporting
      Person:

      1,500,000

10)   Check if the Aggregate Amount in Row 9 Excludes Certain
      Shares*

      Not Applicable

11)   Percent of Class Represented by Amount in Row 9

      7.5%

12)   Type of Reporting Person*
      IV

                      *SEE INSTRUCTION BEFORE FILLING OUT!

Item  1 (a)  Name of Issuer:
             Neoware Inc.

Item  1 (b)  Address of Issuer's Principal Executive Offices:
             3200 Horizon Drive
             King of Prussia, PA 19406




Item  2 (a)  Name of Person Filing:
             Central Securities Corporation

Item  2 (b)  Address of Principal Business Office:
             630 Fifth Avenue
             Suite 820
             New York, New York 10111

Item  2 (c)  Citizenship:
             Delaware

Item  2 (d)  Title of Class of Securities:
             Common Stock

Item  2 (e)  CUSIP Number:
             64065P 10 2

Item  3      If this statement is filed pursuant to Rules 13d-1(b),
             or 13d-2(b), check whether the person filing is a:
             Investment Company registered under section 8 of
             the Investment Company Act of 1940

Item  4 (a)  Amount beneficially Owned:
             1,500,000

Item  4 (b)  Percent of Class:
             7.5%

Item  4 (c)  Number of shares as to which such person has:
               (i) sole power to vote or to direct the vote
                   1,500,000
              (ii) shared power to vote or to direct the vote
                   -0-
             (iii) sole power to dispose or to direct the
                   disposition of
                   1,500,000
              (iv) shared power to dispose or to direct the
                   disposition of
                   -0-

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.

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 I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.

                                    SIGNATURE

      After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

   January 26, 2007
   ----------------
        Date

 /s/ Wilmot H. Kidd
 -----------------
     Wilmot H. Kidd
     Signature

 Wilmot H. Kidd, President
 ------------------------
       Name/Title