SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G/A
(Rule 13d-102)

(Amendment No. 1)*

INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO 13d-2 UNDER THE
SECURITIES EXCHANGE ACT OF 1934

CardioNet, Inc.
(Name of Issuer)

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

14159L103

(CUSIP Number)

December 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

(Page 1 of 6 Pages)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

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).


Schedule 13G/A PAGE 2 of 6

CUSIP No. 14159L103


 (1) NAME OF REPORTING PERSON
 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 Cumberland Associates LLC
------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [X]
------------------------------------------------------------------------
 (3) SEC USE ONLY

------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 New York
------------------------------------------------------------------------

NUMBER OF (5) SOLE VOTING POWER
 1,300,000
SHARES ---------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY ---------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 1,300,000
REPORTING ---------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 1,300,000
------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [X]
 See Item 2(a)
------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 5.4%
------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 OO, IA
------------------------------------------------------------------------


Schedule 13G/A PAGE 3 of 6

CUSIP No. 14159L103


ITEM 1(a). NAME OF ISSUER:
 CardioNet, Inc. (the "Issuer")

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
 227 Washington Street
 Conshohocken, PA 19428

ITEM 2(a). NAME OF PERSON FILING:
 This statement is being filed by Cumberland Associates LLC
 (the "Reporting Person").

 Cumberland Associates LLC is engaged in the business of managing,
 on a discretionary basis, three securities accounts (the
 "Accounts"), the principal one of which is Cumberland Partners.
 Gary G. Tynes, Andrew M. Wallach, Barry A. Konig, Jesse C. Chen
 and Robert J. Wall are the members (the "Members") of Cumberland
 Associates LLC. The number of shares beneficially owned by
 Cumberland Associates LLC set forth herein does not include 250
 shares beneficially owned by one or more Members or employees in
 individual personal accounts.

ITEM 2(b). ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE:
 The address of the principal business and office of Cumberland
 Associates LLC and each of the Members is 767 Third Avenue,
 39th Floor, New York, New York 10017.

ITEM 2(c). CITIZENSHIP:
 Cumberland Associates LLC is a limited liability company organized
 under the laws of New York. Each of the Members is a citizen of the
 United States.

ITEM 2(d). TITLE OF CLASS OF SECURITIES:
 Common Stock, $0.001 par value per share

ITEM 2(e). CUSIP NUMBER:
 14159L103

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 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 Act

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

 (c)[ ] Insurance Company as defined in Section 3(a)(19) of the
 Act

 (d)[ ] Investment Company registered under Section 8 of the
 Investment Company Act of 1940


Schedule 13G/A PAGE 4 of 6

CUSIP No. 14159L103


 (e)[X] Investment Adviser registered under Section 203 of the
 Investment Advisers Act of 1940: see Rule 13d-1(b)(1)(ii)(E)

 (f)[ ] Employee Benefit Plan, Pension Fund which is subject to
 the provisions of the Employee Retirement Income Security
 Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)

 (g)[ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);

 (h)[ ] Savings Associations as defined in Section 3(b) of the
 Federal Deposit Insurance Act;

 (i)[ ] 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).

 IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c),
 CHECK THIS BOX. [ ]

ITEM 4. OWNERSHIP.

 The percentages used herein and in the rest of this Schedule 13G/A are
calculated based upon the 24,229,546 shares of Common Stock outstanding as of
November 1, 2010 as reported in the Issuer's Quarterly Report on Form 10Q for
the fiscal quarter ending September 30, 2010.

 (a) Amount beneficially owned: 1,300,000
 (b) Percent of class: 5.4%
 (c)(i) Sole power to vote or direct the vote: 1,300,000
 (ii) Shared power to vote or direct the vote: 0
 (iii) Sole power to dispose or direct the disposition: 1,300,000
 (iv) Shared power to dispose or direct the disposition: 0

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.
 [ ]

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
 The beneficial owners of the Accounts have the right to participate in
 the receipt of dividends from, or proceeds from the sale of, the
 shares held for each Account in accordance with their ownership
 interests in each such Account.


Schedule 13G/A PAGE 5 of 6

CUSIP No. 14159L103


ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY 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 the Reporting Person certifies that, to the
 best of its knowledge and belief, the securities referred to
 above were acquired and are held in the ordinary course of
 business and 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.


Schedule 13G/A PAGE 6 of 6

CUSIP No. 14159L103


 SIGNATURE

 After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.

DATED: February 7, 2011

 CUMBERLAND ASSOCIATES LLC



 By: /s/ Gary G. Tynes
 -----------------
 Name: Gary G. Tynes
 Title: Managing Member/Chief
 Operating Officer/Chief Financial Officer

HeartBeam (NASDAQ:BEAT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more HeartBeam Charts.
HeartBeam (NASDAQ:BEAT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more HeartBeam Charts.