UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Programmer's Paradise, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

743205106

(CUSIP Number)

September 28, 2004

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[  ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[  ] Rule 13d-1(d)

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).

Page 1 of 7 Pages

  CUSIP No. 743205106

 

  Page 2 of 7 Pages

     
     

1

NAME OF REPORTING PERSON

SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Emerson Partners

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (a) [  ]

                                                                                                              (b) [X]

 

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

California

 

NUMBER  OF
 SHARES
BENEFICIALLY
 OWNED  BY
 EACH
 REPORTING
 PERSON  WITH
 

5

SOLE VOTING POWER

25,151

6

SHARED VOTING POWER

0

7

SOLE DISPOSITIVE POWER

25,151

8

SHARED DISPOSITIVE POWER

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

25,151

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 

CERTAIN SHARES   [   ]

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.6%

12

TYPE OF REPORTING PERSON

PN

 

  CUSIP No. 743205106

 

  Page 3 of 7 Pages

     
     

1

NAME OF REPORTING PERSON

SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

 J. Steven Emerson

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (a) [  ]

                                                                                                              (b) [X]

 

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

 

NUMBER  OF
 SHARES
BENEFICIALLY
 OWNED  BY
 EACH
 REPORTING
 PERSON  WITH
 

5

SOLE VOTING POWER

237,800

6

SHARED VOTING POWER

25,1511

7

SOLE DISPOSITIVE POWER

237,800

8

SHARED DISPOSITIVE POWER

25,1511

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

262,951

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 

CERTAIN SHARES   [   ]

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

6.6%

12

TYPE OF REPORTING PERSON

IN

 

1. These shares of Common Stock are owned by Emerson Partners.  Mr. Emerson exercises voting and dispositive power of the shares of Common Stock held by Emerson Partners.

 

  CUSIP No. 743205106

 

  Page 4 of 7 Pages

     
     

ITEM 1.

(a).

Name of Issuer: Programmer's Paradise, Inc.

 

 

 

 

(b).

Address of Issuer's Principal Executive Offices:

 

 

 

 

 

1157 Shrewsbury Avenue
Shrewsbury, NJ 07702

 

 

 

ITEM 2.

(a).

Name of Persons Filing:

       
    (i) Emerson Partners
   

(ii)

 J. Steven Emerson ("Emerson")

 

 

(b).

Address of Principal Business Office for Each of the Above:

 

 

 

 

      1522 Ensley Ave.
      Century City, CA 90024
 
 

(c).

Citizenship or Place of Organization:

     
    (i) Emerson Partners:  California
   

(ii)

Emerson:  United States

     
  (d). Title of Class Securities:  Common Stock
   
  (e). CUSIP Number:  743205106
   

ITEM 3.

If this Statement is Filed Pursuant to Rules 13d-1(b) or 13d-2(b) or (c), Check Whether the Person Filing is a:

     
 

(a)

[ ] Broker or dealer registered under Section 15 of the Exchange Act;

 

(b)

[ ] Bank as defined in Section 3(a)(6) of the Exchange Act;

 

(c)

[ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act;

 

(d)

[ ] Investment company registered under Section 8 of the Investment Company Act;

 

(e)

[ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 

(f)

[ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

(g)

[ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

     

  CUSIP No. 743205106

 

  Page 5 of 7 Pages

     
     
   
 

(h)

[ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i)

[ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

 

(j)

[ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

         

ITEM 4.

Ownership.

     
     
 

(a).

Amount beneficially owned:

   

 

   

(i)

Emerson Partners:  25,151

 
   

(ii)

Emerson:  262,951

 

     
 

(b).

Percentage of class:

   
         
   

(i)

Emerson Partners:  0.6%

 
   

(ii)

Emerson: 6.6%

 
         
 

(c).

Number of shares as to which such person has:

 
         
   

(1)

Sole power to vote or to direct the vote:

 
         
   

 

(i)  Emerson Partners:  25,151

 

   

 

(ii) Emerson:  237,800

 

         
   

(2)

Shared power to vote or to direct the vote:

 
         
   

 

(i)  Emerson Partners:  0

 
   

 

(ii) Emerson:  25,151

 
         
 

(3)

Sole power to dispose or to direct the disposition of:

 
         
   

 

(i)  Emerson Partners:  25,151

 
   

 

(ii) Emerson:  237,800

 
       
 

(4)

Shared power to dispose or to direct the disposition of:

 
         
   

 

(i)  Emerson Partners:  0

 
   

 

(ii) Emerson:  25,151

 
         

 

  CUSIP No. 743205106

 

  Page 6 of 7 Pages

     
     

 

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 Subsidiaries 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 not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
   
  Disclaimer
   
  In accordance with Rule 13d-4 of the Act, each of the persons filing this statement expressly declares that the filing of this report shall not be construed as an admission by such person that it or he, for the purposes of Section 13(d) or 13(g) of the Act, is the beneficial owner of the securities.

 

  CUSIP No. 743205106

 

  Page 7 of 7 Pages

     
     

 

SIGNATURES

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.

   
 

EMERSON PARTNERS

   
   

Date: November 17, 2005

By:  /s/  J. Steven Emerson

 

Name:  J. Steven Emerson
Title:  Designated Trader

   
   
  J. STEVEN EMERSON
   
   

Date: November 17, 2005

By:  /s/  J. Steven Emerson

 

 J. Steven Emerson