13F-HR 1 b404937_13fhr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 4Q04 --------- 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: Graham Partners, LP ------------------------------------------------------------------------- Address: 200 Park Avenue ----------------------------------------------------------------------- Suite 3900 ----------------------------------------------------------------------- New York, NY 10166 ----------------------------------------------------------------------- Form 13F File Number: 28-06273 -------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, 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: Monica Graham ------------------------------------------------------------------------- Title: General Partner ------------------------------------------------------------------------- Phone: 212-808-7430 ------------------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Monica Graham New York, NY 2-23-05 --------------------- --------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check one only): [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 28-___________________________ _______________________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: ------------- Form 13F Information Table Value Total: $119,169 ------------- (thousands) 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 _______ ___________________________ ________________________________ [Repeat as necessary.] FORM 13F INFORMATION TABLE

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE OF CUSIP # FAIR MARKET SHARES OF INVEST. DISC. MANA- VOTING AUTHORITY OFCLASS ~~NUMBER~~VALUE ~~MARKET~~ PRINCIPAL GERS AMOUNT SOLE SHARED OTHER ~~MANAGERS~~ SOLE SHARED NONE ~~CLASS VALUE AMOUNT~~ (A) (B) (C) (A) (B) (C) ~~ALCOA~~------------------------------------------------------------------------------------------------------------------------------------ ALTRIA GROUP INC COMMON ~~013817101~~02209S103 ~~663903~~458,250.00 ~~20100~~7,500 N X GRAP ~~20100~~7,500 0- 0- ~~AUTOBYTEL~~***DANKA BUSINESS SYSTEMS OTC EQ 236277109 158,000.~~COM~~00 ~~INC~~50,000 ~~COM~~N X GRAP 50,000 - - ***EIDOS PLC-SPONSORED ADR OTC EQ ~~05275N106~~282485101 ~~712780~~176,904.00 ~~78500~~105,300 N X GRAP ~~78500~~105,300 0- 0- ~~ADOBE~~***ELBIT VISION SYSTEMS LT OTC EQ M37576101 89,900.00 145,000 N X GRAP 145,000 - - ***TAIWAN SEMICONDUCTOR MF COMMON 874039100 981,639.00 115,623 N X GRAP 115,623 - - ***TECNOMATIX TECHNOLOGIES OTC EQ M8743P105 719,516.00 46,813 N X GRAP 46,813 - - ***TTI TEAM TELECOM OTC EQ M88258104 332,580.00 138,000 N X GRAP 138,000 - - 3DFX INTERACTIVE INC OTC EQ ~~00724F101~~88553X103 ~~465000~~13,081.00 ~~10000~~402,500 N X GRAP ~~10000~~402,500 0- 0- ABOVENET INC OTC EQ 00374N107 2,240,000.00 70,000 N X GRAP 70,000 - - ADAPTEC INC OTC EQ 00651F108 ~~126900~~151,800.00 ~~15000~~20,000 N X GRAP ~~15000~~20,000 0- 0- ADTRAN INC OTC EQ 00738A106 ~~500550~~191,400.00 ~~15000~~10,000 N X GRAP ~~15000~~10,000 0- 0- AGERE SYS INC COMMON 00845V100 41,237.00 30,100 N X GRAP 30,100 - - ANSWERTHINK INC OTC EQ 36916104 359,146.00 77,070 N X GRAP 77,070 - - APOLLO GROUP INC - CL A OTC EQ ~~037604105~~37604105 ~~1324350~~1,210,650.00 ~~15000~~15,000 N X GRAP ~~15000~~15,000 0- 0- ~~ARRIS~~ART TECHNOLOGY GROUP INC OTC EQ ~~04269Q100~~04289L107 ~~297000~~882,000.00 ~~50000~~588,000 N X GRAP ~~50000~~588,000 0- 0- ~~ART~~ASCENTIAL SOFTWARE CORP OTC EQ 04362P207 163,100.00 10,000 N X GRAP 10,000 - - ASPEN TECHNOLOGY INC OTC EQ 45327103 527,850.00 85,000 N X GRAP 85,000 - - AUTOBYTEL INC COM OTC EQ 05275N106 501,320.00 83,000 N X GRAP 83,000 - - BEA SYTEMS INC OTC EQ 73325102 797,400.00 90,000 N X GRAP 90,000 - - BELL MICROPRODUCTS INC OTC EQ 78137106 2,663,393.00 276,860 N X GRAP 276,860 - - BINDVIEW DEVELOPMENT CORP OTC EQ BVEWE 3,723,128.00 867,862 N X GRAP 867,862 - - BROADVISION INC OTC EQ 111412607 764,775.00 278,100 N X GRAP 278,100 - - BROADWING CORPORATION OTC EQ 1.12E+105 455,500.00 50,000 N X GRAP 50,000 - - BUSINESS OBJECTS SA SPONSO OTC EQ 12328X107 253,400.00 10,000 N X GRAP 10,000 - - CALAMP CORP OTC EQ 128126109 1,486,722.00 166,300 N X GRAP 166,300 - - CALIFORNIA MICRO DEVICES C OTC EQ 130439102 460,850.00 65,000 N X GRAP 65,000 - - CANDIES INC OTC EQ 137409108 189,000.00 35,000 N X GRAP 35,000 - - CAPTARIS INC OTC EQ 14071N104 258,000.00 50,000 N X GRAP 50,000 - - CENTRA SOFTWARE INC COM OTC EQ 15234X103 312,271.00 133,449 N X GRAP 133,449 - - CEVA INC OTC EQ 157210105 332,406.00 36,500 N X GRAP 36,500 - - CHESAPEAKE ENERGY CORP COMMON 165167107 1,930,500.00 117,000 N X GRAP 117,000 - - CHIPMOS TECHNOLOGIES OTC EQ G2110R106 63,700.00 10,000 N X GRAP 10,000 - - CITIGROUP INC COMMON 172967101 1,450,218.00 30,100 N X GRAP 30,100 - - CITRIX SYSTEMS OTC EQ 177376100 856,100.00 35,000 N X GRAP 35,000 - - CMGI INC OTC EQ 125750109 1,026,375.00 402,500 N X GRAP 402,500 - - COCA COLA CO COMMON 191216100 412,236.00 9,900 N X GRAP 9,900 - - COMPUTER HORIZONS CORP OTC EQ 205908106 303,809.00 79,740 N X GRAP 79,740 - - CONEXANT SYSTEMS INC OTC EQ 207142100 59,700.00 30,000 N X GRAP 30,000 - - COPPER MTN NETWORKS INC OTC EQ 217510205 475,701.00 174,890 N X GRAP 174,890 - - COVAD COMMUNICATIONS GROUP OTC EQ 222814204 2,679,115.00 1,246,100 N X GRAP 1,246,100 - - CRAY INC OTC EQ ~~04289L107~~225223106 ~~423360~~97,860.00 ~~352800~~21,000 N X GRAP ~~352800~~21,000 0- 0- ~~ASPECT~~D ~~TELECOMMUNICATIONS~~R HORTON INC COMMON 23331A109 604,650.00 15,000 N X GRAP 15,000 - - DATASTREAM SYSTEMS INC OTC EQ ~~04523Q102~~238124101 ~~702900~~346,500.00 ~~49500~~50,000 N X GRAP ~~49500~~50,000 0- 0- ***ASEDESARROLLADORA ~~TEST~~HOMEX S A D COMMON 25030W100 236,500.00 10,000 N X GRAP 10,000 - - DIGITAL IMPACT INC DEL OTC EQ 25385G106 155,064.00 109,200 N X GRAP 109,200 - - DIOMED HLDGS INC COMMON 25454R207 110,160.00 25,500 N X GRAP 25,500 - - DIRECTV GROUP INC COMMON 25459L106 551,231.00 32,929 N X GRAP 32,929 - - DOLLAR TREE STORES INC OTC EQ 256747106 230,160.00 8,000 N X GRAP 8,000 - - DWANGO NORTH AMERICA CORP OTC EQ 267405108 92,500.00 50,000 N X GRAP 50,000 - - E PIPHANY INC OTC EQ 26881V100 1,811,250.00 375,000 N X GRAP 375,000 - - EASTMAN KODAK CO COMMON 277461109 2,096,250.00 65,000 N X GRAP 65,000 - - EMBARCADERO TECHNOLOGIES I OTC EQ EMBTE 517,550.00 55,000 N X GRAP 55,000 - - ENTRUST INC OTC EQ 293848107 2,842,500.00 750,000 N X GRAP 750,000 - - E-SYNC NETWORKS INC OTC EQ 269156105 532.00 88,637 N X GRAP 88,637 - - EXAR CORP OTC EQ 300645108 1,419,000.00 100,000 N X GRAP 100,000 - - FIBERSTARS INC OTC EQ 315662106 471,880.00 47,000 N X GRAP 47,000 - - FIRSTCITY FINANCIAL CORP OTC EQ 33761X107 288,288.00 28,600 N X GRAP 28,600 - - G WILLI FOOD INTL LTD OTC EQ M52523103 344,250.00 85,000 N X GRAP 85,000 -~~ORD~~ - GENERAL COMMUNICATION INC- OTC EQ ~~Y02516105~~369385109 ~~588126~~331,200.00 ~~79800~~30,000 N X GRAP ~~79800~~30,000 0- - GLENAYRE TECHNOLOGIES INC OTC EQ 377899109 124,478.00 57,100 N X GRAP 57,100 - - HEARX LTD. COMMON 422360305 396,000.00 240,000 N X GRAP 240,000 - - HI / FN INC OTC EQ 428358105 1,844,000.00 200,000 N X GRAP 200,000 - - HYPERCOM CORP COMMON 44913M105 1,361,600.00 230,000 N X GRAP 230,000 - - I SECTOR CORP COMMON 45031W107 692,325.00 90,500 N X GRAP 90,500 - - I-MANY INC OTC EQ 44973Q103 182,550.00 121,700 N X GRAP 121,700 - - INDUS INTERNATINAL INC OTC EQ 9063396A 1,866,080.00 872,000 N X GRAP 872,000 - - INNOVO GROUP INC-PAR $0.01 ~~ASPEN~~OTC EQ 457954600 201,135.00 79,500 N X GRAP 79,500 - - INTRAWARE INC OTC EQ 46118M103 374,400.00 320,000 N X GRAP 320,000 - - ISHARES MSCI-JAPAN INDEX F COMMON 464286848 2,184,000.00 200,000 N X GRAP 200,000 - - J2 GLOBAL COMMUNICATIONS I OTC EQ 4.66E+209 241,500.00 7,000 N X GRAP 7,000 - - JUNIPER NETWORKS OTC EQ 48203R104 6,525,600.00 240,000 N X GRAP 240,000 - - KORN FERRY INTL COMMON 500643200 2,149,700.00 103,600 N X GRAP 103,600 - - KRISPY KREME DOUGHNUTS INC COMMON 501014104 378,000.00 30,000 N X GRAP 30,000 - - LIGHTBRIDGE INC OTC EQ 532226107 1,287,728.00 213,200 N X GRAP 213,200 - - LOGICVISION INC DEL OTC EQ 54140W107 146,500.00 50,000 N X GRAP 50,000 - - LSI LOGIC CORP COMMON 502161102 274,000.00 50,000 N X GRAP 50,000 - - MAPINFO CORP OTC EQ 565105103 2,246,010.00 187,480 N X GRAP 187,480 - - MARVELL TECHNOLOGY GROUP L OTC EQ G5876H105 1,425,894.00 40,200 N X GRAP 40,200 - - MEDIWARE INFORMATION SYSTE OTC EQ 584946107 126,900.00 10,000 N X GRAP 10,000 - - METASOLV INC OTC EQ ~~045327103~~59139P104 ~~1402632~~2,690,086.00 ~~193200~~1,000,032 N X GRAP ~~193200~~1,000,032 0- 0- ~~BEARINGPOINT~~MICROTUNE INC DEL OTC EQ 59514P109 113,035.00 18,500 N X GRAP 18,500 - - MINDSPEED TECHNOLGIES INC OTC EQ 602682106 55,600.00 20,000 N X GRAP 20,000 - - NASDAQ 100 SHARES UNIT SER COMMON ~~074002106~~631100104 ~~266100~~2,394,900.00 ~~30000~~60,000 N X GRAP ~~30000~~60,000 0- 0- ~~BEA~~NETIQ ~~SYTEMS~~CORP OTC EQ 64115P102 122,100.00 10,000 N X GRAP 10,000 - - NETOPIA INC OTC EQ ~~073325102~~64114K104 ~~739800~~2,429,375.00 ~~90000~~747,500 N X GRAP ~~90000~~747,500 0- 0- ~~BELL~~NETSCOUT ~~MICROPRODUCTS~~SYS INC OTC EQ ~~078137106~~64115T104 ~~2239797~~1,714,288.00 ~~276860~~245,600 N X GRAP ~~276860~~245,600 0- 0- ~~BULLDOG~~NIC ~~TECH~~INC OTC EQ 62914B100 279,400.00 55,000 N X GRAP 55,000 - - NORTEL NETWORKS CORP COMMON 656568102 242,900.00 70,000 N X GRAP 70,000 - - NOVELL INC ~~NEW~~OTC EQ 670006105 2,025,000.00 300,000 N X GRAP 300,000 - - PAIN THERAPEUTICS INC OTC EQ ~~12022E108~~69562K100 ~~39000~~1,085,826.00 ~~15000~~150,600 N X GRAP ~~15000~~150,600 0- 0- ~~BUSINESS~~PALMONE ~~OBJECTS~~INC SAOTC ~~SPONSO~~EQ 69713P107 4,732,500.00 150,000 N X GRAP 150,000 - - PATIENT INFOSYSTEMS INC OTC EQ ~~12328X107~~702915307 ~~225800~~257,600.00 ~~10000~~70,000 N X GRAP ~~10000~~70,000 0- 0- ~~BINDVIEW~~PEGASYSTEMS ~~DEVELOPMENT~~INC OTC EQ 705573103 1,366,506.00 160,200 N X GRAP 160,200 - - PLUMTREE SOFTWARE INC OTC EQ 72940Q104 1,740,200.00 385,000 N X GRAP 385,000 - - REDBACK NETWORK INC OTC EQ 757209507 2,706,800.00 505,000 N X GRAP 505,000 - - RETEK INC OTC EQ 76128Q109 1,135,905.00 184,700 N X GRAP 184,700 - - S1 CORP OTC EQ ~~090327107~~78463B101 ~~3192350~~4,298,750.00 ~~912100~~475,000 N X GRAP ~~912100~~475,000 0- 0- ~~BROADVISION~~SELECTICA INC DEL OTC EQ ~~111412607~~816288104 ~~1168576~~853,472.00 ~~278100~~238,400 N X GRAP ~~278100~~238,400 0- 0- ~~CALIFORNIA~~SERVICEWARE ~~MICRO~~TECHNOLOGIES ~~DEVICES~~I OTC EQ 81763Q109 34,800.00 60,000 N X GRAP 60,000 - - SIRF TECHNOLOGY HOLDINGS I OTC EQ 82967H101 127,200.00 10,000 N X GRAP 10,000 - - SOMERA COMMUNICATIONS INC OTC EQ 834458101 539,750.00 425,000 N X GRAP 425,000 - - SONIC SOLUTIONS OTC EQ 835460106 2,434,740.00 108,500 N X GRAP 108,500 - - STRATEX NETWORKS INC OTC EQ 86279T109 2,090,500.00 925,000 N X GRAP 925,000 - - SUMTOTAL SYSTEMS INC OTC EQ 866615107 2,258,723.00 430,233 N X GRAP 430,233 - - SYBASE INC COMMON 871130100 339,150.00 17,000 N X GRAP 17,000 - - SYMANTEC CORP OTC EQ 871503108 2,071,104.00 80,400 N X GRAP 80,400 - - SYNNEX CORPORATION COMMON 87162W100 1,443,600.00 60,000 N X GRAP 60,000 - - TAKE-TWO INTERACTIVE SOFTW OTC EQ 874054109 695,800.00 20,000 N X GRAP 20,000 - - TELEGLOBE INTNL HLDG LTD OTC EQ G87340108 345,950.00 85,000 N X GRAP 85,000 - - TELESYSTEM INTERNATIONAL OTC EQ 879946606 661,329.00 59,100 N X GRAP 59,100 - - TEXAS MERIDIAN RESOURCES C COMMON 58977Q109 907,500.00 150,000 N X GRAP 150,000 - - TOLLGRADE COMMUNICATIONS I OTC EQ ~~130439102~~889542106 ~~749450~~1,549,584.00 ~~65000~~126,600 N X GRAP ~~65000~~126,600 0- 0- ~~PAGE~~TOP ~~COLUMN~~IMAGE ~~TOTALS:~~SYSTEMS ~~15828374~~LTD OTC EQ M87896102 457,509.00 150,003 N X GRAP 150,003 - - TRANSWITCH CORP OTC EQ 894065101 307,846.00 199,900 N X GRAP 199,900 - - TRIQUINT SEMICONDUCTOR INC OTC EQ 89674K103 111,250.00 25,000 N X GRAP 25,000 - - UNITED AMERICAN HEALTHCARE OTC EQ 90934C105 528,063.00 83,700 N X GRAP 83,700 - - VERITAS SOFTWARE CORP OTC EQ 923436109 216,980.00 7,600 N X GRAP 7,600 - - VERSO TECH INC OTC EQ 925317109 555,068.00 770,928 N X GRAP 770,928 - - VERTICALNET INC OTC EQ 92532L206 249,439.00 154,931 N X GRAP 154,931 - - VIGNETTE CORP OTC EQ 926734104 208,500.00 150,000 N X GRAP 150,000 - - VIISAGE TECHNOLOGY INC OTC EQ 92675K106 495,550.00 55,000 N X GRAP 55,000 - - VITESSE SEMICONDUCTOR CORP OTC EQ 928497106 52,950.00 15,000 N X GRAP 15,000 - - WATCHGUARD TECH INC OTC EQ 941105108 1,484,050.00 335,000 N X GRAP 335,000 - - WESTELL TECHNOLOGIES INC-C OTC EQ 957541105 1,102,960.00 162,200 N X GRAP 162,200 - - WORLD WIRELESS COMMUNICATI OTC EQ 98155B102 3,600.00 160,000 N X GRAP 160,000 - - XILINX INC OTC EQ 983919101 448,017.00 15,100 N X GRAP 15,100 - - YOUBET.COM INC OTC EQ 987413101 165,968.00 32,800 N X GRAP 32,800 - - ZHONE TECHNOLOGIES INC NEW OTC EQ 98950P108 194,250.00 75,000 N X GRAP 75,000 - - ZONE 4 PLAY INC OTC EQ 989759105 115,115.00 80,500 N X GRAP 80,500 - -

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SOLE SHARED OTHER MANAGERS SOLE SHARED NONE CLASS VALUE AMOUNT (A) (B) (C) (A) (B) (C) CALIFORNIA AMPLIFIER INC. OTC EQ 129900106 1175741 166300 N X GRAP 166300 0 0 CANDIES INC OTC EQ 137409108 411675 149700 N X GRAP 149700 0 0 CARREKER CORPORATION OTC EQ 144433109 256512 25600 N X GRAP 25600 0 0 CADENCE DESIGN SYSTEMS INC COMMON 127387108 2560250 175000 N X GRAP 175000 0 0 CELL GENESYS INC OTC EQ 150921104 1039000 100000 N X GRAP 100000 0 0 CHESAPEAKE ENERGY CORP COMMON 165167107 1472000 100000 N X GRAP 100000 0 0 CMGI INC OTC EQ 125750109 195000 100000 N X GRAP 100000 0 0 COMPUTER NETWORK TECHNOLOG OTC EQ 204925101 239600 40000 N X GRAP 40000 0 0 COPPER MTN NETWORKS INC OTC EQ 217510205 2229340 178490 N X GRAP 178490 0 0 CNET NETWORKS INC OTC EQ 12613R104 110700 10000 N X GRAP 10000 0 0 3COM CORP OTC EQ 885535104 3281250 525000 N X GRAP 525000 0 0 CIRRUS LOGIC INC OTC EQ 172755100 1682800 280000 N X GRAP 280000 0 0 CITRIX SYSTEMS OTC EQ 177376100 712600 35000 N X GRAP 35000 0 0 DSP GROUP INC OTC EQ 23332B106 272400 10000 N X GRAP 10000 0 0 DIRECTV GROUP INC COMMON 25459L106 1327388 77625 N X GRAP 77625 0 0 ***EIDOS PLC-SPONSORED ADR OTC EQ 282485101 23595 12100 N X GRAP 12100 0 0 EASTMAN KODAK CO COMMON 277461109 1753700 65000 N X GRAP 65000 0 0 ENTRUST INC OTC EQ 293848107 2522700 560600 N X GRAP 560600 0 0 E PIPHANY INC OTC EQ 26881V100 1811250 375000 N X GRAP 375000 0 0 E-SYNC NETWORKS INC OTC EQ 269156105 465 88637 N X GRAP 88637 0 0 EUNIVERSE INC OTC EQ 298412107 789420 354000 N X GRAP 354000 0 0 PAGE COLUMN TOTALS: 23867386

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SOLE SHARED OTHER MANAGERS SOLE SHARED NONE CLASS VALUE AMOUNT (A) (B) (C) (A) (B) (C) ISHARES MSCI-JAPAN INDEX F COMMON 464286848 2124000 200000 N X GRAP 200000 0 0 EXAR CORP OTC EQ 300645108 879600 60000 N X GRAP 60000 0 0 FOUNDRY NETWORKS INC OTC EQ 35063R100 281400 20000 N X GRAP 20000 0 0 FACTSET RESEARCH SYTEMS IN COMMON 303075105 477427 10100 N X GRAP 10100 0 0 F5 NETWORKS INC OTC EQ 315616102 1456400 55000 N X GRAP 55000 0 0 ***M-SYSTEMS/FLASH DISK OTC EQ M7061C100 149100 10000 N X GRAP 10000 0 0 GLENAYRE TECHNOLOGIES INC OTC EQ 377899109 131330 57100 N X GRAP 57100 0 0 GENTEX CORP OTC EQ 371901109 595200 15000 N X GRAP 15000 0 0 HI / FN INC OTC EQ 428358105 6214000 520000 N X GRAP 520000 0 0 HILTON HOTELS CORP COMMON 432848109 354540 19000 N X GRAP 19000 0 0 HUTCHINSON TECHNOLOGY INC OTC EQ 448407106 1231959 50100 N X GRAP 50100 0 0 HYPERCOM CORP COMMON 44913M105 3423095 405100 N X GRAP 405100 0 0 I-MANY INC OTC EQ 44973Q103 258706 217400 N X GRAP 217400 0 0 IMPLANT SCIENCES CORPORATI COMMON 45320R108 116812 10600 N X GRAP 10600 0 0 INFORMATICA CORPORATION OTC EQ 45666Q102 374633 49100 N X GRAP 49100 0 0 I SECTOR CORP COMMON 45031W107 564795 69300 N X GRAP 69300 0 0 IVILLAGE INC OTC EQ 46588H105 142875 22500 N X GRAP 22500 0 0 INTERWOVEN INC OTC EQ 46114T508 1260480 124800 N X GRAP 124800 0 0 JUNIPER NETWORKS OTC EQ 48203R104 7371000 300000 N X GRAP 300000 0 0 ESSEX CORP OTC EQ 296744105 243000 30000 N X GRAP 30000 0 0 KORN FERRY INTL COMMON 500643200 2053220 106000 N X GRAP 106000 0 0 PAGE COLUMN TOTALS: 29703572

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SOLE SHARED OTHER MANAGERS SOLE SHARED NONE CLASS VALUE AMOUNT (A) (B) (C) (A) (B) (C) KRISPY KREME DOUGHNUTS INC COMMON 501014104 572700 30000 N X GRAP 30000 0 0 KLA-TENCOR CORP (FORMERLY OTC EQ 482480100 740700 15000 N X GRAP 15000 0 0 LIBERTY MEDIA CORP COMMON 530718105 359600 40000 N X GRAP 40000 0 0 LOGITECH INTL SA SPONSORED OTC EQ 541419107 260376 5700 N X GRAP 5700 0 0 LOUDEYE TECHNOLOGIES INC OTC EQ 545754103 55265 35000 N X GRAP 35000 0 0 LIGHTBRIDGE INC OTC EQ 532226107 729120 130200 N X GRAP 130200 0 0 LEXMARK INTERNATIONAL INC COMMON 529771107 965300 10000 N X GRAP 10000 0 0 MANHATTAN ASSOCIATES INC OTC EQ 562750109 2316000 75000 N X GRAP 75000 0 0 MAPINFO CORP OTC EQ 565105103 1298288 122480 N X GRAP 122480 0 0 MCDATA CORP OTC EQ 580031201 538000 100000 N X GRAP 100000 0 0 MEDIWARE INFORMATION SYSTE OTC EQ 584946107 344051 26900 N X GRAP 26900 0 0 MERCURY INTERACTIVE CORP OTC EQ 589405109 249150 5000 N X GRAP 5000 0 0 META GROUP INC OTC EQ 591002100 207500 50000 N X GRAP 50000 0 0 MOBIUS MANAGEMENT SYSTEM I OTC EQ 606925105 203680 33500 N X GRAP 33500 0 0 MICROSOFT CORP OTC EQ 594918104 2144856 75100 N X GRAP 75100 0 0 METASOLV INC OTC EQ 59139P104 2556000 900000 N X GRAP 900000 0 0 MICROMUSE INC OTC EQ 595094103 896460 134000 N X GRAP 134000 0 0 MORGAN STANLEY DEAN WITTER COMMON 617446448 1319250 25000 N X GRAP 25000 0 0 MAXTOR CORP NEW COMMON 577729205 2320500 350000 N X GRAP 350000 0 0 NETSCOUT SYS INC OTC EQ 64115T104 1618504 245600 N X GRAP 245600 0 0 NETOPIA INC OTC EQ 64114K104 3960000 600000 N X GRAP 600000 0 0 PAGE COLUMN TOTALS: 23655300

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SOLE SHARED OTHER MANAGERS SOLE SHARED NONE CLASS VALUE AMOUNT (A) (B) (C) (A) (B) (C) NUANCE COMMUNICATIONS INC OTC EQ 669967101 182400 40000 N X GRAP 40000 0 0 PEGASYSTEMS INC OTC EQ 705573103 520800 60000 N X GRAP 60000 0 0 PALMONE INC OTC EQ 69713P107 5424120 156000 N X GRAP 156000 0 0 PLUMTREE SOFTWARE INC OTC EQ 72940Q104 1242850 335000 N X GRAP 335000 0 0 PEREGRINE SYSTEMS INC OTC EQ 71366Q200 1182210 62800 N X GRAP 62800 0 0 PAIN THERAPEUTICS INC OTC EQ 69562K100 1213836 150600 N X GRAP 150600 0 0 POWERWAVE TECHNOLOGIES INC OTC EQ 739363109 231000 30000 N X GRAP 30000 0 0 QUOTESMITH.COM INC OTC EQ 749117206 108360 18060 N X GRAP 18060 0 0 REMEC INC OTC EQ 759543101 1959200 310000 N X GRAP 310000 0 0 RETEK INC OTC EQ 76128Q109 1931030 314500 N X GRAP 314500 0 0 ROXIO INC OTC EQ 780008108 495419 100900 N X GRAP 100900 0 0 SEACHANGE INTERNATIONAL IN OTC EQ 811699107 844000 50000 N X GRAP 50000 0 0 SHILOH INDUSTRIES INC OTC EQ 824543102 220350 15000 N X GRAP 15000 0 0 SELECTICA INC DEL OTC EQ 816288104 1132400 238400 N X GRAP 238400 0 0 SOMERA COMMUNICATIONS INC OTC EQ 834458101 684250 425000 N X GRAP 425000 0 0 SONIC SOLUTIONS OTC EQ 835460106 1859375 87500 N X GRAP 87500 0 0 SYNNEX CORPORATION COMMON 87162W100 942000 60000 N X GRAP 60000 0 0 S1 CORP OTC EQ 78463B101 3518760 354000 N X GRAP 354000 0 0 SPORTSLINE.COM INC OTC EQ 848934105 351000 325000 N X GRAP 325000 0 0 STRATEX NETWORKS INC OTC EQ 86279T109 74340 25200 N X GRAP 25200 0 0 SUMTOTAL SYSTEMS INC OTC EQ 866615107 2796515 430233 N X GRAP 430233 0 0 PAGE COLUMN TOTALS: 26914215

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST. DISC. VOTING AUTHORITY OF NUMBER MARKET PRINCIPAL SOLE SHARED OTHER MANAGERS SOLE SHARED NONE CLASS VALUE AMOUNT (A) (B) (C) (A) (B) (C) SYMANTEC CORP OTC EQ 871503108 1322156 30200 N X GRAP 30200 0 0 3DFX INTERACTIVE INC OTC EQ 88553X103 7044 402500 N X GRAP 402500 0 0 TOLLGRADE COMMUNICATIONS I OTC EQ 889542106 712602 67100 N X GRAP 67100 0 0 TEXAS MERIDIAN RESOURCES C COMMON 58977Q109 1041000 150000 N X GRAP 150000 0 0 ***TAIWAN SEMICONDUCTOR MF COMMON 874039100 1570590 189000 N X GRAP 189000 0 0 ***TTI TEAM TELECOM OTC EQ M88258104 710325 225500 N X GRAP 225500 0 0 TAKE-TWO INTERACTIVE SOFTW OTC EQ 874054109 919200 30000 N X GRAP 30000 0 0 MICROTUNE INC DEL OTC EQ 59514P109 1167500 250000 N X GRAP 250000 0 0 TRANSWITCH CORP OTC EQ 894065101 353823 199900 N X GRAP 199900 0 0 TYCO INTERNATIONAL LTD COMMON 902124106 397680 12000 N X GRAP 12000 0 0 UNITEDGLOBALCOM CL A OTC EQ 913247508 254100 35000 N X GRAP 35000 0 0 VICOR CORP OTC EQ 925815102 283185 15500 N X GRAP 15500 0 0 VERITAS SOFTWARE CORP OTC EQ 923436109 211204 7600 N X GRAP 7600 0 0 WIRELESS FACILITIES INC OTC EQ 97653A103 226090 23000 N X GRAP 23000 0 0 WATCHGUARD TECH INC OTC EQ 941105108 2851900 395000 N X GRAP 395000 0 0 WESTELL TECHNOLOGIES INC-C OTC EQ 957541105 827220 162200 N X GRAP 162200 0 0 WORLD WIRELESS COMMUNICATI OTC EQ 98155B102 3600 160000 N X GRAP 160000 0 0 XILINX INC OTC EQ 983919101 502981 15100 N X GRAP 15100 0 0 ZIXIT CORP OTC EQ 98974P100 473400 60000 N X GRAP 60000 0 0 ZORAN CORP OTC EQ 98975F101 2293750 125000 N X GRAP 125000 0 0 PAGE COLUMN TOTALS: 16129350 AGGREGATE COLUMN TOTALS: 136098197

Filing Compare · GRAHAM PARTNERS L P