-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H174iKKWYUVjoDJIF2Wv2BNudG9pvnC3NjsvXy3wscJBWCecemutmTR/E7R7DL/J l/ll9FzqSr4Zmw7CZCvPkA== 0000909450-06-000100.txt : 20060510 0000909450-06-000100.hdr.sgml : 20060510 20060509200352 ACCESSION NUMBER: 0000909450-06-000100 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060510 DATE AS OF CHANGE: 20060509 EFFECTIVENESS DATE: 20060510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRUBER & MCBAINE CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000909450 IRS NUMBER: 770210467 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04761 FILM NUMBER: 06822984 BUSINESS ADDRESS: STREET 1: 50 OSGOOD PLACE PENTHOUSE CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4159811039 MAIL ADDRESS: STREET 1: 50 OSGOOD PLACE CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER COMPANY: FORMER CONFORMED NAME: GRUBER & MCBAINE CAPITAL MANAGEMENT/GRUBER JON D ET AL DATE OF NAME CHANGE: 19951108 13F-HR 1 q10613f.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: March 31, 2006 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: Gruber & McBaine Capital Management, LLC Address: 50 Osgood Place, Penthouse__ San Francisco, CA 94133_____ Form 13F File Number: 28-3296________ The institutional investment manager filing this report and the person by whom it is signed hereby represent that all information contained herein is true, correct and complete, 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: Elizabeth Giorgis____________ Title: Administrator_______________ Phone: 415 782 2610_________________ Signature, Place and Date of Signing: _________________________ San Francisco, CA_ May 9, 2006 [Signature] [City, State] [Date] Report Type (Check only one.): _X_ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) ___ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) ___ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 29-________________ ________________________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: _____0_____ Form 13F Information Table Entry Total: _____345___ Form 13F Information Table Value Total: _ 1,326,042_ List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name NONE 28-___________ ___________________________ [Repeat as necessary.] NAME OF ISSUER TITLE OF CUSIP VALUE SHARES INV. OTHER AUTH CLASS X1000 DISC MGR ABX Air COMMON 00080S101 511 75,000 SOLE 75,000 Access Intgrtd Tch COMMON 004329108 15043 1,217,354 SOLE 1,217,354 Actions Semiconductor COMMON 00507E107 2182 225,000 SOLE 225,000 Adept Tech COMMON 006854202 8150 815,042 SOLE 815,042 Advanced Micro Devices COMMON 007903107 6295 189,850 SOLE 189,850 Advisory Board COMMON 00762W107 4757 85,300 SOLE 85,300 Air China COMMON B04knf1 415610,750,000 SOLE 10,750,000 Airgas Inc COMMON 009363102 3909 100,000 SOLE 100,000 Airspan Networks COMMON 00950H102 7195 1,066,000 SOLE 1,066,000 Akorn Inc COMMON 009728106 2479 510,000 SOLE 510,000 Allegheny Tech COMMON 01741R102 2752 44,975 SOLE 44,975 Alliance Data Systems COMMON 018581108 12081 258,300 SOLE 258,300 Allied Healthcare Intl IncCOMMON 01923A109 9700 1,999,949 SOLE 1,999,949 Ameriprise Financial COMMON 03076C106 4533 100,600 SOLE 100,600 Amerisafe Inc COMMON 03071H100 5542 461,801 SOLE 461,801 Ampex Corp Class A COMMON 032092306 5805 289,092 SOLE 289,092 Anadigics COMMON 032515108 7505 950,000 SOLE 950,000 Analex Corporation COMMON 032653107 503 183,000 SOLE 183,000 Applied Films COMMON 038197109 1943 100,000 SOLE 100,000 Applied Materials COMMON 038222105 6740 384,950 SOLE 384,950 Arcadia Resources Inc COMMON 039209101 63 20,000 SOLE 20,000 ArtiSoft/Vertl COMMON 04314l106 186 247,500 SOLE 247,500 Asia Aluminum Holdings LimCOMMON 6110077 1624 9,000,000 SOLE 9,000,000 Avaya Inc COMMON 053499109 3955 350,000 SOLE 350,000 Aventine Renewable Enrgy HCOMMON 05356X304 3052 145,343 SOLE 145,343 Aventine Renewable Enrgy HCOMMON 05356X205 7101 338,157 SOLE 338,157 BP PLC COMMON 055622104 2620 38,000 SOLE 38,000 Baldwin & Lyons Inc COMMON 057755209 2917 109,875 SOLE 109,875 Bancorp Bank COMMON 05969A105 9298 378,748 SOLE 378,748 Barrett Business Service COMMON 068463108 1620 60,000 SOLE 60,000 Basic Energy Services COMMON 06985P100 909 30,500 SOLE 30,500 Benihana Inc COMMON 082047200 17142 554,400 SOLE 554,400 Best Buy Co. COMMON 086516101 4758 85,075 SOLE 85,075 Biotime Inc COMMON 09066L105 68 175,000 SOLE 175,000 Birch Mountain Resorts COMMON 09066X109 2398 325,000 SOLE 325,000 Bitstream Inc COMMON 091736108 4346 584,900 SOLE 584,900 Blue Coat Systems COMMON 09534T508 2739 126,000 SOLE 126,000 Bodisen Biotech COMMON 096892104 1359 86,200 SOLE 86,200 Bombardier Inc Cl B COMMON 097751200 5237 1,800,000 SOLE 1,800,000 Bookham Technology Plc COMMON 09856E105 1197 125,500 SOLE 125,500 Boyd Gaming COMMON 103304101 1998 40,000 SOLE 40,000 Brandpartners Group COMMON 10531R107 1244 2,894,000 SOLE 2,894,000 Bravo Foods Intl COMMON 105666101 1215 2,400,000 SOLE 2,400,000 Brooke Corp COMMON 112502109 7995 735,482 SOLE 735,482 Brooks Automation COMMON 114340102 1424 100,000 SOLE 100,000 Business Objects COMMON 12328X107 912 25,000 SOLE 25,000 CAE Inc COMMON 124765108 4321 550,000 SOLE 550,000 CDC Corp COMMON G2108N109 440 100,000 SOLE 100,000 Calif Micro Devices COMMON 130439102 3955 500,000 SOLE 500,000 Cambridge Silicon Radio COMMON 3414738 2808 134,550 SOLE 134,550 Cameco Co COMMON 13321L108 2736 76,000 SOLE 76,000 Capital Senior Corp COMMON 140475104 7532 672,500 SOLE 672,500 Cash Systems Inc COMMON 14756B102 9572 1,376,908 SOLE 1,376,908 Centillium Communications COMMON 152319109 479 125,000 SOLE 125,000 Century Aluminum COMMON 156431108 849 20,000 SOLE 20,000 Cephalon COMMON 156708109 4820 80,000 SOLE 80,000 Cerus Corp COMMON 157085101 1712 200,000 SOLE 200,000 Chartered Semiconductor COMMON 16133R106 2369 245,000 SOLE 245,000 China Medical TechnologiesCOMMON 169483104 2743 90,800 SOLE 90,800 China Natural Gas COMMON 168910107 1575 357,143 SOLE 357,143 Chordiant Software COMMON 170404107 3654 1,046,900 SOLE 1,046,900 Chyron Corp COMMON 171605207 14 20,000 SOLE 20,000 Ciena Corp COMMON 171779101 3907 750,000 SOLE 750,000 Cisco COMMON 17275R102 2167 100,000 SOLE 100,000 CoStar Group COMMON 22160n109 4595 88,554 SOLE 88,554 Coeur D Alene Mines Corp COMMON 192108108 6304 960,900 SOLE 960,900 Comarco Inc. COMMON 200080109 8500 743,674 SOLE 743,674 Combmatrix Corp COMMON 003881208 2491 958,000 SOLE 958,000 Commercial Metals Co COMMON 201723103 2674 50,000 SOLE 50,000 Concur Technologies COMMON 206708109 1247 67,300 SOLE 67,300 Conoco Phillips COMMON 20825C104 789 12,500 SOLE 12,500 Consol Energy Inc COMMON 20854P109 9856 132,900 SOLE 132,900 Core Laboratories COMMON N22717107 2853 60,000 SOLE 60,000 Corgi Intl LTD COMMON 21872Q103 5307 2,024,020 SOLE 2,024,020 Corporate Executive Board COMMON 21988r102 9664 95,775 SOLE 95,775 Covanta Holdings COMMON 22282E102 8368 502,000 SOLE 502,000 Credence Systems COMMON 225302108 3413 465,000 SOLE 465,000 Cuisine Solutions COMMON 229904107 10237 1,101,927 SOLE 1,101,927 Cybersource Corp COMMON 23251J106 2285 204,760 SOLE 204,760 Cybex Int'l Inc COMMON 23252E106 4041 635,800 SOLE 635,800 Cypress Semiconductor b COMMON 232806109 2573 151,800 SOLE 151,800 DPL Inc COMMON 233293109 1350 50,000 SOLE 50,000 Daktronics Inc. COMMON 234264109 1445 39,600 SOLE 39,600 Datalogic International COMMON 23804Q102 671 1,974,000 SOLE 1,974,000 Datatrak Intl COMMON 238134100 917 125,000 SOLE 125,000 Deli Solar COMMON 24688L102 875 250,000 SOLE 250,000 Denbury Resource Inc. COMMON 247916208 8709 275,000 SOLE 275,000 Denison Mines COMMON 248358103 2602 200,000 SOLE 200,000 Digirad Corp COMMON 253827109 728 170,000 SOLE 170,000 Diomed Holdings Inc COMMON 25454R207 713 283,100 SOLE 283,100 Diomed Holdings Inc Preferred 25454R207 1814 800,000 SOLE 800,000 DirecTV Group Inc COMMON 25459L106 3525 214,938 SOLE 214,938 Dover Saddlery Inc COMMON 260412101 2335 295,600 SOLE 295,600 Dynatec Corp COMMON 267934107 1830 1,464,600 SOLE 1,464,600 Dynegy Inc COMMON 26816Q101 960 200,000 SOLE 200,000 EFJ Inc COMMON 26843B101 6021 558,000 SOLE 558,000 EMAK Worldwide Inc COMMON 26861V104 4344 520,855 SOLE 520,855 EMS Tech COMMON 26873N108 361 20,000 SOLE 20,000 EOG Resources COMMON 26875P101 1930 26,800 SOLE 26,800 Ediets.com Inc COMMON 280597105 2970 557,200 SOLE 557,200 Efunds Group COMMON 28224R101 2612 101,100 SOLE 101,100 El Paso Energy Corp COMMON 28336L109 4278 355,000 SOLE 355,000 Emcore Corp COMMON 290846104 9735 952,500 SOLE 952,500 Emdeon COMMON 290849108 5816 538,500 SOLE 538,500 Emrise Corp COMMON 29246J101 1605 1,824,600 SOLE 1,824,600 Encore Medical Corp COMMON 29256E109 1178 230,000 SOLE 230,000 Energy Savings Income FundCOMMON 292717105 13454 865,668 SOLE 865,668 Energy&Engne Tec Note 29267D108 120 120,000 SOLE 120,000 Energy&Engne Tec COMMON 29267D108 120 2,400,000 SOLE 2,400,000 Energy&Engne Tec COMMON 29267D108 132 2,640,000 SOLE 2,640,000 Energy&Engne Tec COMMON 29267D108 268 5,360,000 SOLE 5,360,000 Enric Energy Equipment HolCOMMON B0M6DX9 202 310,000 SOLE 310,000 Ensign Resource Service GrCOMMON 29357T104 2498 65,000 SOLE 65,000 Environmental Power COMMON 29406L201 205 29,000 SOLE 29,000 Exabyte COMMON 300615200 118 180,938 SOLE 180,938 Exabyte Corp COMMON 300615200 181 499,997 SOLE 499,997 Exabyte Corp ser AA Preferred 300615200 361 1,800 SOLE 1,800 Excelligence Learning CorpCOMMON 300684107 4263 546,575 SOLE 546,575 F5 Networks B COMMON 315616102 3153 43,500 SOLE 43,500 FEI Co. COMMON 30241L109 1191 60,000 SOLE 60,000 Federal Home Loan Bank TREASU 31339YBK7 462 500,000 SOLE 500,000 Fiberstars Inc COMMON 315662106 774 85,800 SOLE 85,800 Five Star Quality Care COMMON 33832d106 9645 885,700 SOLE 885,700 Flow International Corp COMMON 343468104 10286 781,000 SOLE 781,000 Fortunet Inc COMMON 34969Q100 2050 142,858 SOLE 142,858 Foundry Networks COMMON 35063R100 1453 80,000 SOLE 80,000 Freightcar America B COMMON 357023100 1342 21,100 SOLE 21,100 GSI Group COMMON 36229U102 3039 275,000 SOLE 275,000 Garden Burger COMMON 365476100 1 456,250 SOLE 456,250 Gemplus International COMMON 36866y102 11574 1,875,846 SOLE 1,875,846 Genius Prod Inc. r COMMON 37229R206 850 500,000 SOLE 500,000 Genomic Health Inc COMMON 37244C101 518 50,000 SOLE 50,000 Geo Group COMMON 36159R103 3001 90,000 SOLE 90,000 Gigabeam Cp B COMMON 37517W107 1365 131,235 SOLE 131,235 Global E-Point Inc COMMON 37940u108 943 284,113 SOLE 284,113 Golar LNG Ltd COMMON G9456A100 1356 100,000 SOLE 100,000 Goldcorp Inc COMMON 380956409 4703 160,800 SOLE 160,800 Golden Meditech COMMON 6430559 632320,882,000 SOLE 20,882,000 Harvard Biosciences COMMON 416906105 2086 475,065 SOLE 475,065 Health Fitness Corp COMMON 42217V102 2964 1,282,800 SOLE 1,282,800 Healthsouth Corp COMMON 421924101 5040 1,010,000 SOLE 1,010,000 Hear USA COMMON 422360305 2096 1,612,300 SOLE 1,612,300 Hercules Growth Rights COMMON 427096185 26 102,046 SOLE 102,046 Hercules Tch Grwth COMMON 427096508 3742 329,100 SOLE 329,100 Hercules Tch Grwth COMMON 427096102 2359 218,369 SOLE 218,369 Hercules Tch Grwth COMMON 427096409 553 51,224 SOLE 51,224 Hexcel Corp. COMMON 428291108 2746 125,000 SOLE 125,000 High River GOld Mines Ltd COMMON 42979J107 2011 1,000,000 SOLE 1,000,000 Himax Technologies COMMON 43289P106 87 10,000 SOLE 10,000 Hollis Eden Pharm COMMON 435902101 7445 1,208,600 SOLE 1,208,600 Hollywood Media COMMON 436233100 7346 1,514,692 SOLE 1,514,692 Honeywell COMMON 438516106 3732 87,250 SOLE 87,250 Hutchinson Technology COMMON 448407106 1508 50,000 SOLE 50,000 Hypercom Corp COMMON 44913M105 6184 665,000 SOLE 665,000 IRobot Corp COMMON 462726100 278 10,000 SOLE 10,000 Imageware Sys COMMON 45245S108 3954 1,660,351 SOLE 1,660,351 Imergent Inc COMMON 45247Q100 11025 998,600 SOLE 998,600 Imperial Oil COMMON 453038408 1613 15,000 SOLE 15,000 In Focus Systems COMMON 45665B106 1947 410,000 SOLE 410,000 Infinity Energy Resources COMMON 45663L403 897 115,500 SOLE 115,500 Ingram Micro Inc. COMMON 457153104 1232 61,600 SOLE 61,600 Innovative Solution & SuppCOMMON 45769n105 768 59,100 SOLE 59,100 Inplay Tech Inc COMMON 45773L103 2721 1,087,500 SOLE 1,087,500 Input Output COMMON 457652105 1554 160,000 SOLE 160,000 Int'l Paper COMMON 460146103 1728 50,000 SOLE 50,000 Int'l Rectifier COMMON 460254105 5800 140,000 SOLE 140,000 Integral Systems Inc COMMON 45810h107 2613 96,800 SOLE 96,800 Integramed America COMMON 45810n302 5422 469,435 SOLE 469,435 Integrated Security Sys Note 45810N302 240 1,578,944 SOLE 1,578,944 Intel Corp. COMMON 458140100 377 19,509 SOLE 19,509 Intelli-Check Inc COMMON 45817G102 1899 301,500 SOLE 301,500 Intelligroup Inc COMMON 45816A106 1812 1,200,100 SOLE 1,200,100 Internap Networks COMMON 45885a102 3358 3,571,850 SOLE 3,571,850 Internet Capital Group COMMON 46059C205 10436 1,107,900 SOLE 1,107,900 Internet Gold-Golden LinesCOMMON M56595107 441 75,000 SOLE 75,000 Intertape Polymere Group COMMON 460919103 877 102,000 SOLE 102,000 Intl DisplayWorks Inc COMMON 459412102 8023 1,224,900 SOLE 1,224,900 Iomai Corp COMMON 46202P103 1755 302,000 SOLE 302,000 Ionatron Inc COMMON 462070103 2702 200,000 SOLE 200,000 Isolagen COMMON 46488N103 309 136,000 SOLE 136,000 Iteris Holdings COMMON 46564T107 875 277,008 SOLE 277,008 Iteris Holdings Class A COMMON 46564T107 6121 2,318,540 SOLE 2,318,540 Ixia COMMON 45071R109 2958 207,400 SOLE 207,400 Kulicke & Soffa COMMON 501242101 143 15,000 SOLE 15,000 LKQ Corp COMMON 501889208 1101 52,900 SOLE 52,900 LML Payment Systems COMMON 50208P109 175 20,000 SOLE 20,000 LSI Logic Corp. COMMON 502161102 4747 410,600 SOLE 410,600 Lecroy COMMON 52324W109 2119 135,400 SOLE 135,400 Lionore Mining Intl COMMON 535813107 1335 300,000 SOLE 300,000 Lions Gate Entnmnt COMMON 535919203 4591 452,391 SOLE 452,391 Liquidity Services COMMON 53635B107 1845 150,600 SOLE 150,600 M System Inc B COMMON M7061C100 1096 42,400 SOLE 42,400 MDC Partners Inc COMMON 552697104 19636 2,302,799 SOLE 2,302,799 MEMC Electronic Materials COMMON 552715104 13845 375,000 SOLE 375,000 MKS Instruments COMMON 55306N104 2343 100,000 SOLE 100,000 MSGI Security Solutions COMMON 553570102 1331 384,821 SOLE 384,821 MTI Technology Corp. COMMON 553903105 272 196,000 SOLE 196,000 Mad Catz Interactive Inc COMMON 556162105 2062 3,682,400 SOLE 3,682,400 Marchex Inc COMMON 56624R108 9150 425,600 SOLE 425,600 Markel Corp COMMON 570535104 8121 24,050 SOLE 24,050 Material Sciences COMMON 576674105 2054 170,000 SOLE 170,000 MathStar Inc COMMON 576801203 489 108,604 SOLE 108,604 Mathstar COMMON 576801203 1161 255,508 SOLE 255,508 Maxwell Labs COMMON 577767106 3414 175,000 SOLE 175,000 Mentor Graphics COMMON 587200106 7055 638,500 SOLE 638,500 Mercury Interactive COMMON 589405109 4350 125,000 SOLE 125,000 Metretek Tech Inc COMMON 59159Q107 20257 1,411,539 SOLE 1,411,539 Microislet Inc COMMON 59507Q106 2097 1,115,384 SOLE 1,115,384 Micron Technology Inc. COMMON 595112103 6698 455,000 SOLE 455,000 Micros Systems COMMON 594901100 3833 83,200 SOLE 83,200 Microsemi Corp COMMON 595137100 5029 172,750 SOLE 172,750 Microsoft COMMON 594918104 7483 275,000 SOLE 275,000 Microtek Medical Holdings COMMON 59515B109 5997 1,703,800 SOLE 1,703,800 Modtech Holdings COMMON 60783c100 34822 4,110,214 SOLE 4,110,214 Monterey Gourmet Foods COMMON 612570101 13009 2,956,625 SOLE 2,956,625 Morgan Stanley Group COMMON 617446448 5026 80,000 SOLE 80,000 Motorola Inc. COMMON 620076109 1732 75,600 SOLE 75,600 Mpower Holding Cp COMMON 62473L309 1628 1,100,000 SOLE 1,100,000 Mullen Group Income Fund COMMON 625281100 1780 65,000 SOLE 65,000 NWH Inc COMMON 62946E106 2506 179,800 SOLE 179,800 National Financial PartnerCOMMON 63607P208 848 15,000 SOLE 15,000 National Fuel Gas COMMON 636180101 982 30,000 SOLE 30,000 Navarre Corp COMMON 639208107 11599 2,795,609 SOLE 2,795,609 Neomagic Cp COMMON 640497202 2752 491,350 SOLE 491,350 Net 1 Ueps Tech Inc COMMON 64107N206 4375 154,592 SOLE 154,592 NetLogic Microsystems Inc COMMON 64118B100 4945 120,000 SOLE 120,000 Neustar Inc COMMON 64126X201 23529 759,000 SOLE 759,000 New Sleepr Gld Cp COMMON 648732105 413 800,000 SOLE 800,000 Nexen Inc COMMON 65334H102 826 15,000 SOLE 15,000 Nice Systems Lmtd COMMON 653656108 9300 182,500 SOLE 182,500 Nintendo COMMON 6639550 2244 15,000 SOLE 15,000 Nokia Cp COMMON 654902204 8847 427,000 SOLE 427,000 Novatel Wirelss COMMON 66987M604 1126 125,857 SOLE 125,857 Novell Inc. COMMON 670006105 4608 600,000 SOLE 600,000 Nuance Comm COMMON 67020Y100 23958 2,028,600 SOLE 2,028,600 O'Charleys Inc. COMMON 670823103 1846 100,000 SOLE 100,000 Oakmont Aquisition Corp COMMON 68831P205 1096 160,000 SOLE 160,000 Occidental Petroleum COMMON 674599105 5883 63,500 SOLE 63,500 On Track Innovations COMMON M8791A109 4126 328,750 SOLE 328,750 OnSite Energy Corp. COMMON 68284P108 24 1,540,973 SOLE 1,540,973 OnSite Energy Corp. Preferred 68284P108 45 2,250,000 SOLE 2,250,000 OneTravel Holdings COMMON 68275A201 299 338,598 SOLE 338,598 Onetravel Holdings COMMON 68275A201 190 196,076 SOLE 196,076 Online Resources COMMON 68273G101 1312 100,949 SOLE 100,949 Opentv Corp COMMON G67543101 6147 2,090,969 SOLE 2,090,969 Opinion Research Corp COMMON 683755102 4636 776,552 SOLE 776,552 Orpak System Ltd COMMON IL00109487 2800 1,000,000 SOLE 1,000,000 Overstock.com Inc COMMON 690370101 895 30,000 SOLE 30,000 PC-Tel Inc COMMON 69325Q105 11204 1,176,886 SOLE 1,176,886 PLX Technology COMMON 693417107 5473 436,100 SOLE 436,100 PW Eagle COMMON 69366Y108 2224 80,000 SOLE 80,000 Paincare Holdings COMMON 69562E104 6050 3,227,800 SOLE 3,227,800 Pall Corp. COMMON 696429307 2040 65,400 SOLE 65,400 Patron Systems COMMON 70337V108 142 1,821,000 SOLE 1,821,000 Paychex, Inc. COMMON 704326107 5228 125,500 SOLE 125,500 Pemstar COMMON 706552106 828 400,000 SOLE 400,000 Penn Virginia COMMON 707882106 2130 30,000 SOLE 30,000 Penn Virginia Resource ParCOMMON 707884102 981 17,100 SOLE 17,100 Pericom Semiconductor COMMON 713831105 1972 200,000 SOLE 200,000 Perma-Fix Envirn Serv COMMON 714157104 1898 1,009,661 SOLE 1,009,661 Photon Dynamics COMMON 719364101 2437 130,000 SOLE 130,000 Photronics Inc. COMMON 719405102 1595 85,000 SOLE 85,000 Poore Brothers Inc COMMON 732813100 3990 1,425,098 SOLE 1,425,098 Pope & Talbot COMMON 732827100 6440 947,100 SOLE 947,100 Presstek Inc COMMON 741113104 3834 322,200 SOLE 322,200 Private Business COMMON 74267D203 1651 970,900 SOLE 970,900 Q Comm International Inc COMMON 74727M306 366 149,200 SOLE 149,200 Quantum Fuel Systems Tech COMMON 74765E109 1798 502,200 SOLE 502,200 RSA Security Inc. COMMON 749719100 3050 170,000 SOLE 170,000 RTI International Metals ICOMMON 74973W107 5463 99,600 SOLE 99,600 Rackable Systems COMMON 750077109 10570 200,000 SOLE 200,000 Range Resources Corp COMMON 75281A109 6008 220,000 SOLE 220,000 Regal Entertainment COMMON 758766109 1505 80,000 SOLE 80,000 Rosetta Resources Inc COMMON 777779109 934 52,000 SOLE 52,000 Rosetta Resources Inc COMMON 777779208 233 13,000 SOLE 13,000 Rush Enterprises COMMON 781846209 1181 67,200 SOLE 67,200 Safeguard Scientifics Inc.COMMON 786449108 10073 4,078,100 SOLE 4,078,100 Sands Regent COMMON 800091100 2867 238,300 SOLE 238,300 Sandvine Corp COMMON B10RWF6 1372 700,000 SOLE 700,000 Schlumberger Ltd COMMON 806857108 1772 14,000 SOLE 14,000 Seracare Life Sciences COMMON 81747Q100 1852 500,465 SOLE 500,465 ShawCor Ltd COMMON 820904209 1015 65,000 SOLE 65,000 Shells Seafood Rest COMMON 822809109 2280 2,666,680 SOLE 2,666,680 Signalife Inc COMMON 82669P104 8582 2,694,400 SOLE 2,694,400 Silicon Image Inc COMMON 82705T102 12729 1,234,600 SOLE 1,234,600 Sinovac Biotech COMMON P8696W104 2670 600,000 SOLE 600,000 Sirenza Microdevices COMMON 82966T106 4725 500,000 SOLE 500,000 Smurfit Stone Container CoCOMMON 832727101 4071 300,000 SOLE 300,000 Socket Communications COMMON 833672108 152 114,500 SOLE 114,500 Solomon Technologies COMMON 83426W101 87 100,000 SOLE 100,000 Sonex Com Rest. COMMON 835448101 33 302,693 SOLE 302,693 Sonex Pfd Preferred 835448101 54 253,750 SOLE 253,750 Sonus Networks COMMON 835916107 1096 200,000 SOLE 200,000 Standard Microsystem Corp COMMON 853626109 4791 184,400 SOLE 184,400 Star Scientific COMMON 85517P101 291 93,000 SOLE 93,000 Stats Chippac COMMON 85771T104 4035 514,000 SOLE 514,000 StealthGas Inc COMMON Y81669106 2061 148,300 SOLE 148,300 Steelcloud COMMON 85815M107 175 100,000 SOLE 100,000 Stonepath Group COMMON 861837102 3045 3,904,400 SOLE 3,904,400 Stratasys COMMON 862685104 2948 100,000 SOLE 100,000 Sun Healthcare Group COMMON 866933401 3537 469,100 SOLE 469,100 Sunair Services Corp COMMON 867017105 857 190,476 SOLE 190,476 Supertex COMMON 868532102 7910 210,250 SOLE 210,250 Syniverse Holdings COMMON 87163F106 6064 383,800 SOLE 383,800 Syntax-Brillian Corp COMMON 87163L103 265 60,000 SOLE 60,000 Syntax-Brillian COMMON 87163L103 1326 300,000 SOLE 300,000 TNS Inc COMMON 872960109 9861 465,600 SOLE 465,600 TVIA Inc COMMON 87307P101 1374 487,400 SOLE 487,400 Taiwan Semiconductors COMMON 874039100 3053 303,496 SOLE 303,496 Talisman Energy COMMON 87425E103 2393 45,000 SOLE 45,000 Target COMMON 87612e106 1820 35,000 SOLE 35,000 Tasker Capital Corp COMMON 87652D109 781 1,100,000 SOLE 1,100,000 Technology Investment CapiCOMMON 878717305 10174 699,693 SOLE 699,693 Teradyne COMMON 880770102 388 25,000 SOLE 25,000 Texas Instruments Inc COMMON 882508104 1786 55,000 SOLE 55,000 Thermogenesis Corp COMMON 883623209 19677 4,858,560 SOLE 4,858,560 Tidel Tech COMMON 886368109 92 353,000 SOLE 353,000 Tiffany COMMON 886547108 12287 327,300 SOLE 327,300 Titanium Corp COMMON 88833T104 5359 2,319,500 SOLE 2,319,500 Transocean Inc COMMON G90078109 5219 65,000 SOLE 65,000 Trident Microsystems b COMMON 895919108 12090 416,050 SOLE 416,050 Trueyou.com C Preferred 897876108 1500 798 SOLE 798 Tut Systems COMMON 901103101 451 145,000 SOLE 145,000 UAL Corp COMMON 902549807 3788 94,877 SOLE 94,877 UCBH Holding Inc COMMON 90262T308 1419 75,000 SOLE 75,000 Ultra Clean Holdings COMMON 90385V107 652 87,000 SOLE 87,000 Ultratech Inc COMMON 904034105 24519 1,001,600 SOLE 1,001,600 Validian Corp COMMON 91915P107 377 1,517,256 SOLE 1,517,256 Vaxgen Inc COMMON 922390208 4485 509,700 SOLE 509,700 Veeco Instruments COMMON 922417100 934 40,000 SOLE 40,000 VendingData Corp COMMON 92261Q202 511 184,500 SOLE 184,500 Ventiv Health Inc B COMMON 922793104 907 27,300 SOLE 27,300 Vestas Wind Systems COMMON 5964651 2120 85,000 SOLE 85,000 Viewpoint Corp COMMON 92672P108 1863 1,350,000 SOLE 1,350,000 Virage Logic Corp COMMON 92763R104 11077 1,026,640 SOLE 1,026,640 Vitesse COMMON 928497106 6657 1,859,500 SOLE 1,859,500 WGI Heavy Minerals COMMON 929267102 1147 957,000 SOLE 957,000 Walter Industries COMMON 93317Q105 1466 22,000 SOLE 22,000 Weatherford Intl. COMMON G95089101 915 20,000 SOLE 20,000 Williams Cos. COMMON 969457100 2567 120,000 SOLE 120,000 Xenoics Holdings COMMON 984117101 556 341,000 SOLE 341,000 Xilinx COMMON 983919101 7683 301,750 SOLE 301,750 Yahoo COMMON 984332106 3226 100,000 SOLE 100,000 Zoltek Cos b COMMON 98975W104 2402 105,059 SOLE 105,059 Zygo Corp COMMON 989855101 11580 709,560 SOLE 709,560
SM\M-CORP\IA-13/16\1028307.01 -----END PRIVACY-ENHANCED MESSAGE-----