SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                           (Amendment No.____________)


                          ClearOne Communications, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)


                    Common Stock, $0.001 par value per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    185060100
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                                December 5, 2005
--------------------------------------------------------------------------------
             (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 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>

CUSIP No.   185060100
            ---------------------


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

     Graham Partners, L.P.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                 (a)  [_]
                                                                 (b)  [X]

3.   SEC USE ONLY

 

4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     642,650

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     642,650

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     642,650

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

                                                                          [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.27%

12.  TYPE OF REPORTING PERSON

     PN

________________________________________________________________________________

<PAGE>

CUSIP No.   185060100
            ---------------------


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

     Graham Asset Management, L.L.C.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                 (a)  [_]
                                                                 (b)  [X]

3.   SEC USE ONLY

 

4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     642,650

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     642,650

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     642,650

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

                                                                          [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.27%

12.  TYPE OF REPORTING PERSON

     OO

________________________________________________________________________________

<PAGE>

CUSIP No.   185060100
            ---------------------


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

     Monica Graham

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 of America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.   SOLE VOTING POWER

     0

6.   SHARED VOTING POWER

     642,650

7.   SOLE DISPOSITIVE POWER

     0

8.   SHARED DISPOSITIVE POWER

     642,650

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     642,650

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

                                                                          [_]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.27%

12.  TYPE OF REPORTING PERSON

     IN

________________________________________________________________________________

<PAGE>

CUSIP No.   185060100
            ---------------------


Item 1(a).  Name of Issuer:


            ClearOne Communications, Inc.
            ____________________________________________________________________

Item 1(b).  Address of Issuer's Principal Executive Offices:


                  1825 Research Way
                  Salt Lake City, Utah 84119
            ____________________________________________________________________


Item 2(a).  Name of Persons Filing:

                  Graham Partners, L.P.
                  Graham Asset Management, L.L.C.
                  Monica Graham
            ____________________________________________________________________

Item 2(b).  Address of Principal Business Office, or if None, Residence:


                  200 Park Avenue
                  39th Floor
                  New York, NY 10166-0005
            ____________________________________________________________________

Item 2(c).  Citizenship:


                  Graham Partners, L.P. - Delaware
                  Graham Asset Management, L.L.C. - Delaware
                  Monica Graham - United States of America
            ____________________________________________________________________

Item 2(d).  Title of Class of Securities:


            Common Stock, $0.001 par value per share
            ____________________________________________________________________

Item 2(e).  CUSIP Number:


                  185060100
            ____________________________________________________________________


Item 3.     If This Statement is Filed Pursuant to Rule 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);

     (h)  [_]  A savings  association  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;

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

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.

     (a)  Amount beneficially owned:

                  Graham Partners, L.P. - 642,650
                  Graham Asset Management, L.L.C. - 642,650
                  Monica Graham - 642,650
          ______________________________________________________________________

     (b)  Percent of class:

                  Graham Partners, L.P. - 5.27%
                  Graham Asset Management, L.L.C. - 5.27%
                  Monica Graham - 5.27%
          ______________________________________________________________________

     (c)  Number of shares as to which such person has:

             Graham Partners, L.P.

          (i)   Sole power to vote or to direct the vote              0
                                                        _______________________,


          (ii)  Shared power to vote or to direct the vote      642,650
                                                          _____________________,


          (iii) Sole power to dispose or to direct the                0
                disposition of                            _____________________,


          (iv)  Shared power to dispose or to direct the        642,650
                disposition of                            _____________________.


                Graham Asset Management, L.L.C.

          (i)   Sole power to vote or to direct the vote              0
                                                        _______________________,


          (ii)  Shared power to vote or to direct the vote      642,650
                                                          _____________________,


          (iii) Sole power to dispose or to direct the                0
                disposition of                            _____________________,


          (iv)  Shared power to dispose or to direct the        642,650
                disposition of                            _____________________.


                Monica Graham

          (i)   Sole power to vote or to direct the vote              0
                                                        _______________________,


          (ii)  Shared power to vote or to direct the vote      642,650
                                                          _____________________,


          (iii) Sole power to dispose or to direct the                0
                disposition of                            _____________________,


          (iv)  Shared power to dispose or to direct the        642,650
                disposition of                            _____________________.


Item 5.  Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ ].

                  N/A
         _______________________________________________________________________


Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

     If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified.  A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.

                  N/A
         _______________________________________________________________________


Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on by the Parent Holding Company or Control
         Person.

     If a parent holding company or Control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an
exhibit stating the identity and the Item 3 classification of the relevant
subsidiary.  If a parent holding company or control person has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating
the identification of the relevant subsidiary.

                  N/A
         _______________________________________________________________________


Item 8.  Identification and Classification of Members of the Group.

     If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.

                  N/A
         _______________________________________________________________________


Item 9.  Notice of Dissolution of Group.

     Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity.  See Item 5.

                  N/A
          ______________________________________________________________________

Item 10.  Certifications.

          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 such purpose 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.


                                                    December 12, 2005
                                        ----------------------------------------
                                                        (Date)


                                              Graham Partners, L.P.

                                                   By: Graham Asset Management
                                                   Its General Partner

                                                   By: /s/ Monica Graham
                                                   --------------------------
                                                   Name: Monica Graham
                                                   Title: Managing Member



                                              Graham Asset Management, L.L.C.*

                                                   By: /s/  Monica Graham
                                                   --------------------------
                                                   Name: Monica Graham
                                                   Title: Managing Member



                                                   /s/ Monica Graham*
                                                   --------------------------
                                                       Monica Graham


*The Reporting Persons disclaim beneficial ownership in the shares reported
herein except to the extent of their pecuniary interest therein.

Note.  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 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).

<PAGE>

                                    EXHIBIT A
                                    ---------

     In accordance with Rule 13d-1(k) promulgated under the Securities Exchange
Act of 1934, as amended, each of the undersigned does hereby consent and agree
to the joint filing on behalf of each of them of a statement on Schedule 13G and
all amendments thereto with respect to the Common Stock, $0.001 par value per
share of ClearOne Communications, Inc. beneficially owned by each of them, and
the inclusion of this Joint Filing Agreement as an exhibit thereto.

Dated: December 12, 2005


                                            Graham Partners, L.P.

                                                 By: Graham Asset Management
                                                 Its General Partner

                                                 By: /s/ Monica Graham
                                                 --------------------------
                                                 Name: Monica Graham
                                                 Title: Managing Member



                                            Graham Asset Management, L.L.C.*

                                                 By: /s/  Monica Graham
                                                 --------------------------
                                                 Name: Monica Graham
                                                 Title: Managing Member



                                                 /s/ Monica Graham*
                                                 --------------------------
                                                     Monica Graham


02245.0001 #624679