UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934

Amendment No.:  3

Name of Issuer:  Radware Ltd.

Title of Class of Securities:  Common Stock

CUSIP Number:  M81873107


     (Date of Event Which Requires Filing of this Statement)

                        December 31, 2007

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 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).


















CUSIP Number: M81873107

1.  Name of Reporting Person
    I.R.S. Identification No. of Above Person

         Peter A. Wright


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:



6.  Shared Voting Power:

         915,000

7.  Sole Dispositive Power:



8.  Shared Dispositive Power:

         915,000

9.  Aggregate Amount Beneficially Owned by Each Reporting Person

         915,000

10. Check Box if the Aggregate Amount in Row (9) Excludes
    Certain Shares

11. Percent of Class Represented by Amount in Row (9)

          4.703%

12. Type of Reporting Person

          IN




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CUSIP Number: M81873107

1.  Name of Reporting Person
    I.R.S. Identification No. of Above Person

          P.A.W. Capital Corp.


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:



6.  Shared Voting Power:

          915,000

7.  Sole Dispositive Power:



8.  Shared Dispositive Power:

          915,000

9.  Aggregate Amount Beneficially Owned by Each Reporting
    Person

          915,000

10. Check Box if the Aggregate Amount in Row (9) Excludes
    Certain Shares

11. Percent of Class Represented by Amount in Row (9)

          4.703%

12. Type of Reporting Person

          CO

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Item 1(a) Name of Issuer:  Radware Ltd.

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

          22 Raoul Wallenberg Street
          Tel-Aviv, 69710
          Israel

Item 2(a) - (c).  Name, Principal Business Address, and
Citizenship of Persons Filing:

          Peter A. Wright
          P.A.W. Capital Corp.
          4 Greenwich Office Park, 3rd Floor
          Greenwich, CT 06831

          Peter A. Wright - United States citizen

          P.A.W. Capital Corp. - Delaware Corporation

    (d)   Title of Class of Securities:  Common Stock

    (e)   CUSIP Number:  M81873107

Item 3.  If this statement is filed pursuant to Rule
13d-1(b)(1) or 13d-2(b) or (c) check whether the person
filing is:

    (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,

    (e)  / / Investment Adviser registered under Section 203
             of the Investment Advisers Act of 1940,

    (f)  / / Employee Benefit Plan, Pension Fund which is
             subject to the provisions of the Employee
             Retirement Income Security Act of 1974 or
             Endowment Fund,

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

    (h)  / / Savings association as defined in Section 3(b)
             of the Federal Deposit Insurance Act,


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    (i)  / / Church plan 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)(H).

If this statement is filed pursuant to Rule 13d-1(c), check
this box. /X/

 Item 4. Ownership.

         (a) Amount Beneficially Owned:  915,000 shares
             owned by Peter A. Wright; 915,000 shares
             owned by P.A.W. Capital Corp.

         (b) Percent of Class:  4.703% owned by Peter A.
             Wright; 4.703% owned by P.A.W. Capital Corp.

         (c) P.A.W. Capital Corp.:  915,000 shares with
             shared power to vote or to direct the vote; 0
             shares with sole power to vote or to direct the
             vote; 915,000 shares with shared power to
             dispose or to direct the disposition of; 0
             shares with the sole power to dispose or to
             direct the disposition of

             Peter A. Wright:  915,000 shares with shared
             power to vote or to direct the vote; 0 shares
             with sole power to vote or to direct the vote;
             915,000 shares with shared power to dispose
             or to direct the disposition of; 0 shares with
             the sole power to dispose or to direct the
             disposition of

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

         N/A

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

         N/A

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

         N/A

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

         N/A

Item 9.  Notice of Dissolution of the Group.

         N/A

Item 10.

    Certification for Rule 13d-1(c): 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.

         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.


    __Peter Wright_______
    Peter A. Wright


    P.A.W. CAPITAL CORP.

By:
    ___Peter Wright___________
    Peter A. Wright
    President

    January 16, 2008
    __________________
    Date















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                            AGREEMENT

         The undersigned agree that this Schedule 13G dated

January 16, 2008 relating to the Common Stock of Radware, Ltd.

shall be filed on behalf of the undersigned.



                                __Peter Wright______________
                                 Peter A. Wright

                                P.A.W. CAPITAL CORP.

                             By:
                                 __Peter Wright_____________
                                 Peter A. Wright
                                 President































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