LIMS Starlims Technologies Ltd. (MM)

--------------------------------------- --------------------------------------- --------------------------------------

 CUSIP No. M848K109 13G/A Page 2 of 6 Pages
--------------------------------------- --------------------------------------- --------------------------------------

--------- ------------------------------------------------------------------------------------------------------------
1.
 NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 NEIL GAGNON

--------- ------------------------------------------------------------------------------------------------------------
--------- ------------------------------------------------------------------------------------------------------------
2.
 CHECK THE APPROPRIATE BOX IF A GROUP* (a)
 (b) |X|
--------- ------------------------------------------------------------------------------------------------------------
--------- ------------------------------------------------------------------------------------------------------------
3. SEC USE ONLY



--------- ------------------------------------------------------------------------------------------------------------
--------- ------------------------------------------------------------------------------------------------------------
4.
 CITIZENSHIP OR PLACE OF ORGANIZATION

 UNITED STATES OF AMERICA

--------- ------------------------------------------------------------------------------------------------------------
------------------- ----- --------------------------------------------- ----------------------------------------------
 NUMBER OF 5.
 SHARES SOLE VOTING POWER 218,520
------------------- ----- --------------------------------------------- ----------------------------------------------
------------------- ----- --------------------------------------------- ----------------------------------------------
 BENEFICIALLY 6.
 OWNED BY SHARED VOTING POWER 72,910
------------------- ----- --------------------------------------------- ----------------------------------------------
------------------- ----- --------------------------------------------- ----------------------------------------------
 EACH 7.
 REPORTING SOLE DISPOSITIVE POWER 212,710
------------------- ----- --------------------------------------------- ----------------------------------------------
------------------- ----- --------------------------------------------- ----------------------------------------------
 PERSON WITH: 8.
 SHARED DISPOSTIVE POWER 315,446
------------------- ----- --------------------------------------------- ----------------------------------------------
--------- ---------------------------------------------------------------------------- -------------------------------
9.
 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 527,156
--------- ---------------------------------------------------------------------------- -------------------------------
--------- ------------------------------------------------------------------------------------------------------------
10.
 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
--------- ------------------------------------------------------------------------------------------------------------
--------- ---------------------------------------------------------------------------- -------------------------------
11.
 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.06 %
--------- ---------------------------------------------------------------------------- -------------------------------
--------- ---------------------------------------------------------------------------- -------------------------------
12.
 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
--------- ---------------------------------------------------------------------------- -------------------------------

---------------------------------------- -------------------------------------- ----------------------------------------

CUSIP No. M848K109 13G/A Page 3 of 6 Pages
---------------------------------------- -------------------------------------- ----------------------------------------


ITEM 1.
 (a) Name of Issuer: STARLIMS TECHNOLOGIES, LTD.

 (b) Address of Issuer's Principal Executive Offices: 32B HABARZEL STREET
 TEL AVIV 69710, ISRAEL

ITEM 2.
 (a) Name of Person Filing: NEIL GAGNON

 (b) Address of Principal Business Office or, if none, Residence: 1370
 AVE. OF THE AMERICAS, SUITE 2400 NEW YORK, NY 10019

 (c) Citizenship: US

 (d) Title of Class of Securities: COMMON STOCK

 (e) CUSIP Number: M848K109

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR
 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
 (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940
 (15 U.S.C 80a-8).
 (e) [ ] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
 (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);
 (g) [ ] A parent holding company or control person in accordance with ss. 240.13d-1(b)(1)(ii)(G);
 (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance
 Act (12 U.S.C. 1813);
 (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 (15 U.S.C. 80a-3);
 (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

---------------------------------------- -------------------------------------- ----------------------------------------

CUSIP No. M848K109 13G/A Page 4 of 6 Pages
---------------------------------------- -------------------------------------- ----------------------------------------

ITEM 4. OWNERSHIP.


 Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

 As of December 31, 2007, Neil Gagnon
 beneficially owned 528,156 shares of Common
 Stock of Starlims Technologies Ltd., which
 amount includes (i) 77,800 shares
 beneficially owned by Mr. Gagnon over which
 he has sole voting power and shared
 dispositive power; (ii) 5,145 shares
 beneficially owned by Mr. Gagnon over which
 he has sole voting power and shared
 dispositive power; (iii) 44,220 shares
 beneficially owned by Lois Gagnon, Mr.
 Gagnon's wife, over which he has shared
 voting power and shared dispositive power;
 (iv) 11,305 shares held by the Lois E. and
 Neil E. Gagnon Foundation (the "Foundation"),
 of which Mr. Gagnon is a trustee and over
 which he has shared voting power and shared
 dispositive power; (v) 17,385 shares held by
 the Gagnon Family Limited Partnership (the
 "Partnership") of which Mr. Gagnon is a
 partner and over which he has shared voting
 power and shared dispositive power; (vi)
 13,821 shares held by the Gagnon
 Grandchildren Trust (the "Trust") over which
 Mr. Gagnon has shared dispositive power but
 no voting power; (vii) 133,740 shares held by
(a) Amount beneficially owned: four hedge funds (collectively, the "Funds"),
 of which Mr. Gagnon is either the principal
 executive officer of the manager or the
 managing member of a member of the general
 partner or the managing member and over which
 he has sole dispositive power and sole voting
 power; (viii) 1,170 shares held by the Gagnon
 Securities LLC Profit Sharing Plan and Trust
 (the "Plan") of which Mr. Gagnon is a Trustee
 and over which Mr. Gagnon has sole
 dispositive power and sole voting power; (ix)
 665 shares held by the Plan over which Mr.
 Gagnon has shared dispositive power and sole
 voting power; and (x) 222,905 shares held for
 certain customers of Gagnon Securities LLC,
 of which Mr. Gagnon is the managing member
 and the principal owner and over which he has
 shared dispositive power but no voting power.




 6.06% beneficially owned by Mr. Gagnon.
 Calculation of percentage of beneficial
(b) Percent of class: ownership is based on 8,721,300 shares of
 Issuer's ordinary shares outstanding as of
 September 30, 2007, as reported by the Issuer
 on its Form 6-K filed on November 13, 2007.

---------------------------------------- -------------------------------------- ----------------------------------------

CUSIP No. M848K109 13G/A Page 5 of 6 Pages
---------------------------------------- -------------------------------------- ----------------------------------------
 (c) Number of shares as to which the person has:
 (i) Sole power to vote or to direct the vote:
 218,520
 (ii) Shared power to vote or to direct the vote:
 72,910
 (iii) Sole power to dispose or to direct the disposition
 of: 212,710
 (iv) Shared power to dispose or to direct the disposition
 of: 315,446

ITEM 5-9 Not Applicable

Filing of this statement by Mr. Gagnon shall not be deemed an admission that he
beneficially owns the securities reported herein as held in customer accounts at
Gagnon Securities LLC or by the Foundation, the Partnership, the Trust, the
Funds or the Plan. Mr. Gagnon expressly disclaims beneficial ownership of all
securities held in such customer accounts or by the Foundation, the Partnership,
the Trust, the Funds or Plan. No single client's interest as reported in the
customer accounts at Gagnon Securities LLC exceeds 5% of the outstanding Common
Stock of the Issuer.


ITEM 10. CERTIFICATION

 The following certification shall be included if the statement
is filed pursuant to ss.240.13d-1(b):

 By signing below I certify that, to the best
 of my knowledge and belief, the securities
 referred to above were acquired and are held
 in the ordinary course of business and were
 (a) 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. [X]

---------------------------------------- -------------------------------------- --------------------------------------

CUSIP No. M848K109 13G/A Page 6 of 6 Pages
---------------------------------------- -------------------------------------- --------------------------------------


 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.


February 13, 2007
-----------------
Date

/s/ Neil Gagnon
---------------
Signature

Neil Gagnon
Name/Title



The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. SEE ss.240.13d-7 for other
parties for whom copies are to be sent.

ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)