FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GALLOWAY BRUCE

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/31/2007 

3. Issuer Name and Ticker or Trading Symbol

Odimo INC [ODMO]

(Last)        (First)        (Middle)

C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

NEW YORK, NY 10019       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   747382   I   (1) See Footnote   (1)
Common Stock   60700   I   See Footnote   (2)
Common Stock   91462   I   See Footnote   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  These shares are held by the reporting person's Individual Retirement Account.
( 2)  These shares are held by Strategic Turnaround Equity Partnership, LP (Cayman) ("STEP"). Mr. Galloway is a managing member of Galloway Capital Management, LLC ("GCM") which is the general partner of STEP.
( 3)  These shares are held by Finvest Yankee, LP for which GCM has the power to vote and dispose.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GALLOWAY BRUCE
C/O GALLOWAY CAPITAL MANAGEMENT LLC
720 FIFTH AVENUE 10TH FLOOR
NEW YORK, NY 10019
X

STRATEGIC TURNAROUND EQUITY PARTNERS LP CAYMAN
PO BOX 2150 GT 4TH FLOOR
1 CAYMAN FINANCIAL CENTER
GRAND CAYMAN, E9 00000
X

Galloway Capital Management, LLC
1325 AVENUE OF THE AMERICAS
26TH FLOOR
NEW YORK, NY 10019
X


Signatures
/s/ Bruce Galloway 2/8/2008
** Signature of Reporting Person Date

/s/ Strategic Turnaround Equity Partners LP (Cayman) By: Gary Herman, Managing Member Galloway Capital Management, LLC, General Partner 2/8/2008
** Signature of Reporting Person Date

/s/ Galloway Capital Management, LLC By Bruce Galloway, Managing Member 2/8/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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