UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

o

Rule 13d-1(b)

ý

Rule 13d-1(c)

o

Rule 13d-1(d)

CUSIP NO. 315662106

13G

Page 2 of 9

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Trigran Investments, Inc.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

ý

3.

SEC Use Only

4.

Citizenship or Place of Organization
Illinois company

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power 
296,553 shares of Common Stock

7.

Sole Dispositive Power 
0

8.

Shared Dispositive Power
296,553 shares of Common Stock

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
296,553 shares of Common Stock

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
Approximately 3.6% as of the date of this filing (based on 8,143,074 shares of Common Stock issued and outstanding as of October 31, 2005).

12.

Type of Reporting Person (See Instructions)
CO

CUSIP NO. 315662106

13G

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1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Douglas Granat

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

ý

3.

SEC Use Only

4.

Citizenship or Place of Organization
U.S. Citizen

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power 
296,553 shares of Common Stock

7.

Sole Dispositive Power 
0

8.

Shared Dispositive Power
296,553 shares of Common Stock

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
296,553 shares of Common Stock

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
Approximately 3.6% as of the date of this filing (based on 8,143,074 shares of Common Stock issued and outstanding as of October 31, 2005).

12.

Type of Reporting Person (See Instructions)
IN

CUSIP NO. 315662106

13G

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1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Lawrence A. Oberman

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

ý

3.

SEC Use Only

4.

Citizenship or Place of Organization
U.S. Citizen

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power 
296,553 shares of Common Stock

7.

Sole Dispositive Power 
0

8.

Shared Dispositive Power
296,553 shares of Common Stock

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
296,553 shares of Common Stock

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
Approximately 3.6% as of the date of this filing (based on 8,143,074 shares of Common Stock issued and outstanding as of October 31, 2005).

12.

Type of Reporting Person (See Instructions)
IN

CUSIP NO. 315662106

13G

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Item 1.

(a)

Name of Issuer
Fiberstars, Inc.

(b)

Address of Issuer’s Principal Executive Offices
44259 Nobel Drive
Fremont, CA 94538

Item 2.

(a)

Name of Person Filing

(b)

Address of Principal Business Office or, if none, Residence

(c)

Citizenship
Trigran Investments, Inc.
3201 Old Glenview Road, Suite 235
Wilmette, Illinois 60091
Illinois company

Douglas Granat
3201 Old Glenview Road, Suite 235
Wilmette, Illinois 60091
U.S. Citizen

Lawrence A. Oberman
3201 Old Glenview Road, Suite 235
Wilmette, Illinois 60091
U.S. Citizen

(d)

Title of Class of Securities
Common Stock, par value $0.0001 per share

(e)

CUSIP Number
315662106

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

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)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

CUSIP NO. 315662106

13G

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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.

Trigran Investments, Inc. is the general partner of Trigran Investments, L.P. and Trigran Investments, L.P. II.  As of the date of this filing, Trigran Investments, L.P. directly owns 161,539 shares and 58,462 warrants (representing approximately 2.7% of the outstanding shares of the issuer), Trigran Investments, L.P. II directly owns 76,552 shares (representing approximately 0.9% of the outstanding shares of the issuer). Douglas Granat and Lawrence A. Oberman are the controlling shareholders and sole directors of Trigran Investments, Inc.

(a)

Amount beneficially owned:   

296,553 shares of Common Stock

(b)

Percent of class:   

Approximately 3.6%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote   

0

(ii)

Shared power to vote or to direct the vote    

296,553 shares of Common Stock

(iii)

Sole power to dispose or to direct the disposition of   

0

(iv)

Shared power to dispose or to direct the disposition of   

296,553 shares of Common Stock

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   ý.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not Applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

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.

CUSIP NO. 315662106

13G

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TRIGRAN INVESTMENTS, INC.

By:

/s/ Lawrence A. Oberman

Name:  Lawrence A. Oberman

Its:  Executive Vice President

/s/

Lawrence A. Oberman

Lawrence A. Oberman

/s/

Douglas Granat

Douglas Granat

CUSIP NO. 315662106

13G

Page 8 of 9

INDEX TO EXHIBITS

EXHIBIT 1: Agreement to Make a Joint Filing