SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                ----------------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

                                ----------------

    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

                              PHARMION CORPORATION
                                (Name of Issuer)

                         COMMON STOCK, PAR VALUE $0.001
                         (Title of Class of Securities)

                                    71715B409
                                 (CUSIP Number)

                                  March 4, 2008
             (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 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 (the "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                                                      PAGE 2 OF 37
CUSIP No. 71715B409

------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Davidson Kempner Partners
------------------------------------------------------------------------------
(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
                                                                               0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  235,131
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  235,131
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  235,131
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  0.6%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  PN
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 3 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Davidson Kempner Institutional 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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  662,766
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  662,766
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  662,766
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  1.8%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  PN
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 4 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      M. H. Davidson & Co.
------------------------------------------------------------------------------
(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
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  41,164
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  41,164
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  41,164
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  0.1%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  PN
------------------------------------------------------------------------------





Schedule 13G                                                      PAGE 5 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Davidson Kempner International, Ltd.
------------------------------------------------------------------------------
(2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  [ ]
                                                               (b)  [X]
------------------------------------------------------------------------------
(3)   SEC USE ONLY
------------------------------------------------------------------------------
(4)   CITIZENSHIP OR PLACE OF ORGANIZATION
                       British Virgin Islands
------------------------------------------------------------------------------

NUMBER OF         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  1,255,077
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  1,255,077
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  1,255,077
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  3.4%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  CO
------------------------------------------------------------------------------





Schedule 13G                                                      PAGE 6 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Serena Limited
------------------------------------------------------------------------------
(2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  [ ]
                                                               (b)  [X]
------------------------------------------------------------------------------
(3)   SEC USE ONLY
------------------------------------------------------------------------------
(4)   CITIZENSHIP OR PLACE OF ORGANIZATION
                       Cayman Islands
------------------------------------------------------------------------------

NUMBER OF         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  20,848
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  20,848
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  20,848
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  0.1%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  CO

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 7 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      MHD Management Co.
------------------------------------------------------------------------------
(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
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  235,131
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  235,131
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  235,131
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  0.6%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  PN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 8 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Davidson Kempner Advisers Inc.
------------------------------------------------------------------------------
(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
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  662,766
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  662,766
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  662,766
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  1.8%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IA

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 9 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Davidson Kempner International Advisors, 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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  1,275,925
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  1,275,925
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  1,275,925
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  3.4%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  OO
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 10 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Thomas L. Kempner, Jr.
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN
-----------------------------------------------------------------------------




Schedule 13G                                                      PAGE 11 OF 37
CUSIP No. 71715B409


-------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Marvin H. Davidson
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------



Schedule 13G                                                      PAGE 12 OF 37
CUSIP No. 71715B409


 ------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Stephen M. Dowicz
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 13 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Scott E. Davidson
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 14 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Michael J. Leffell
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 15 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Timothy I. Levart
------------------------------------------------------------------------------
(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 Kingdom & United States
------------------------------------------------------------------------------

NUMBER OF         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 16 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Robert J. Brivio, Jr.
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10) CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 17 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Eric P. Epstein
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 18 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Anthony A. Yoseloff
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN

------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 19 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Avram Z. Friedman
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN
------------------------------------------------------------------------------




Schedule 13G                                                      PAGE 20 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------
(1)   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Conor Bastable
------------------------------------------------------------------------------
(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         (5)   SOLE VOTING POWER
                                  0
SHARES            ____________________________________________________________

BENEFICIALLY      (6)   SHARED VOTING POWER
                                  2,214,986
OWNED BY          ____________________________________________________________

EACH              (7)   SOLE DISPOSITIVE POWER
                                  0
REPORTING         ____________________________________________________________

PERSON WITH       (8)   SHARED DISPOSITIVE POWER
                                  2,214,986
------------------------------------------------------------------------------
      (9)   AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON
                                  2,214,986
------------------------------------------------------------------------------
      (10)  CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES                             [ ]
------------------------------------------------------------------------------
      (11)  PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
                                  5.9%
------------------------------------------------------------------------------
      (12)  TYPE OF REPORTING PERSON
                                  IN
------------------------------------------------------------------------------



Schedule 13G                                                      PAGE 21 OF 37
CUSIP No. 71715B409


------------------------------------------------------------------------------


ITEM 1(a).  NAME OF ISSUER:

            Pharmion Corporation (the "Company")

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

            2525 28th Street, Suite 200
            Boulder, CO 80301

ITEM 2(a).  NAME OF PERSON FILING:

      This Statement is filed by each of the entities and persons listed below,
all of whom together are referred to herein as the "Reporting Persons":

            (i)   Davidson Kempner Partners, a New York limited partnership
                  ("DKP");

            (ii)  Davidson Kempner Institutional Partners, L.P., a Delaware
                  limited partnership ("DKIP");

            (iii) M. H. Davidson & Co., a New York limited partnership ("CO");

            (iv)  Davidson Kempner International, Ltd., a British Virgin Islands
                  corporation ("DKIL");

            (v)   Serena Limited, a Cayman Islands corporation ("Serena");

            (vi)  MHD Management Co., a New York limited partnership and the
                  general partner of DKP ("MHD");

            (vii) Davidson Kempner Advisers Inc., a New York corporation and the
                  general partner of DKIP ("DKAI"), which is registered as an
                  investment adviser with the U.S. Securities and Exchange
                  Commission;

            (viii) Davidson Kempner International Advisors, L.L.C., a Delaware
                  limited liability company and the manager of DKIL and Serena
                  ("DKIA"); and

            (ix)  Messrs. Thomas L. Kempner, Jr., Marvin H. Davidson, Stephen M.
                  Dowicz, Scott E. Davidson, Michael J. Leffell, Timothy I.
                  Levart, Robert J. Brivio, Jr., Anthony A. Yoseloff, Eric P.
                  Epstein and Avram Z. Friedman and Conor Bastable
                  (collectively, the "Principals"), who are the general partners
                  of CO and MHD, the sole managing members of DKIA and DKG and
                  the sole stockholders of DKAI. Messrs. Thomas L. Kempner, Jr.
                  and Timothy I. Levart are Executive Managing Member and Deputy
                  Executive Managing Member, respectively, of DKS. Each of
                  Messrs. Kempner and Levart, together with Messrs. Marvin H.
                  Davidson, Stephen M. Dowicz, Scott E. Davidson, Michael J.
                  Leffell, Robert J. Brivio, Jr., Anthony A. Yoseloff,




Schedule 13G                                                      PAGE 22 OF 37
CUSIP No. 71715B409


                  Eric P. Epstein, Avram Z. Friedman and Conor Bastable are
                  limited partners of DKMP.

ITEM 2(b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE:

      The address of the principal business office of each of the Reporting
Persons is c/o Davidson Kempner Partners, 65 East 55th Street, 19th Floor, New
York, New York 10022.

ITEM 2(c).  CITIZENSHIP:

            (i)     DKP - a New York limited partnership

            (ii)    DKIP - a Delaware limited partnership

            (iii)   CO - a New York limited partnership

            (iv)    DKIL - a British Virgin Islands corporation

            (v)     Serena - a Cayman Islands corporation

            (vi)    MHD - a New York limited partnership

            (vii)   DKAI - a New York corporation

            (viii)  DKIA - a Delaware limited liability company

            (ix)    Thomas L. Kempner, Jr. - United States

            (x)     Marvin H. Davidson - United States

            (xi)    Stephen M. Dowicz - United States

            (xii)   Scott E. Davidson -United States

            (xiii)  Michael J. Leffell - United States

            (xiv)   Timothy I. Levart - United Kingdom & United States

            (xv)    Robert J. Brivio, Jr. - United States

            (xvi)   Eric P. Epstein - United States

            (xvii)  Anthony A. Yoseloff - United States

            (xviii) Avram Z. Friedman - United States

            (xix)   Conor Bastable - United States

ITEM 2(d).  TITLE OF CLASS OF SECURITIES:

      COMMON STOCK, PAR VALUE $0.001




Schedule 13G                                                      PAGE 23 OF 37
CUSIP No. 71715B409


ITEM 2(e).  CUSIP NUMBER:

      71715B409

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;

            (e)[ ] 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).

ITEM 4.   OWNERSHIP.

      The Principals may be deemed to beneficially own an aggregate of 2,214,986
shares as a result of their voting and dispositive power over the 2,214,986
shares beneficially owned by DKP, DKIP, DKIL, Serena and CO.

      DKIA may be deemed to beneficially own the 1,255,077 shares beneficially
owned by DKIL and the 20,848 shares beneficially owned by Serena as a result of
its voting and dispositive power over those shares. DKAI may be deemed to
beneficially own the 662,766 shares beneficially owned by DKIP as a result of
its voting and dispositive power over those shares. MHD may be deemed to
beneficially own the 235,131 shares beneficially owned by DKP as a result of its
voting and dispositive power over those shares.

      A. DKP

         (a) Amount beneficially owned: 235,131

         (b) Percent of class: 0.6%




Schedule 13G                                                      PAGE 24 OF 37
CUSIP No. 71715B409


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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 235,131

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition: 235,131

      B. DKIP

         (a) Amount beneficially owned: 662,766

         (b) Percent of class: 1.8%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 662,766

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition: 662,766

      C. CO

         (a) Amount beneficially owned: 41,164

         (b) Percent of class: 0.1%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 41,164

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition: 41,164

      D. DKIL

         (a) Amount beneficially owned: 1,255,077

         (b) Percent of class: 3.4%

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

            (i)   sole power to vote or to direct the vote: 0




Schedule 13G                                                      PAGE 25 OF 37
CUSIP No. 71715B409


            (ii)  shared power to vote or to direct the vote: 1,255,077

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  1,255,077

      E.  Serena

         (a) Amount beneficially owned: 20,848

         (b) Percent of class: 0.1%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 20,848

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition: 20,848

      F. MHD

         (a) Amount beneficially owned: 235,131

         (b) Percent of class: 0.6%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 235,131

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition: 235,131

      G. DKAI

         (a) Amount beneficially owned: 662,766

         (b) Percent of class: 1.8%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 662,766

            (iii) sole power to dispose or to direct the disposition: 0




Schedule 13G                                                      PAGE 26 OF 37
CUSIP No. 71715B409


            (iv)  shared power to dispose or to direct the disposition: 662,766

      H. DKIA

         (a) Amount beneficially owned: 1,275,925

         (b) Percent of class: 3.4%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 1,275,925

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  1,275,925

      I. Thomas L. Kempner, Jr.

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      J. Marvin H. Davidson

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986




Schedule 13G                                                      PAGE 27 OF 37
CUSIP No. 71715B409


      K. Stephen M. Dowicz

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      L. Scott E. Davidson

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      M. Michael J. Leffell

         (a) Amount beneficially owned. 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      N. Timothy I. Levart

         (a) Amount beneficially owned: 2,214,986




Schedule 13G                                                      PAGE 28 OF 37
CUSIP No. 71715B409


         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      O. Robert J. Brivio, Jr.

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      P. Eric P. Epstein

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      Q. Anthony A. Yoseloff

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%




Schedule 13G                                                      PAGE 29 OF 37
CUSIP No. 71715B409


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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      R. Avram Z. Friedman

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986

      S. Conor Bastable

         (a) Amount beneficially owned: 2,214,986

         (b) Percent of class: 5.9%

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

            (i)   sole power to vote or to direct the vote: 0

            (ii)  shared power to vote or to direct the vote: 2,214,986

            (iii) sole power to dispose or to direct the disposition: 0

            (iv)  shared power to dispose or to direct the disposition:
                  2,214,986



ITEM 5.     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

            Not applicable.




Schedule 13G                                                      PAGE 30 OF 37
CUSIP No. 71715B409


ITEM 6.     OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

            The partners, members or stockholders of each of the Reporting
Persons, including the Principals, have the right to participate in the receipt
of dividends from, or proceeds from the sale of, the securities held for the
account of such Reporting Person in accordance with their ownership interests in
such Reporting Person. The Reporting Persons disclaim all beneficial ownership
as affiliates of a registered investment adviser, and, in any case, disclaim
beneficial ownership except as to the extent of their pecuniary interest in the
shares. The Reporting Persons have elected to file Schedule 13G although such
filing may not be required under the Act.

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.

            See Item 4.

ITEM 9.     NOTICE OF DISSOLUTION OF GROUP.

            Not applicable.

ITEM 10.    CERTIFICATION.  (if filing pursuant to Rule 13d-1(c))

      Each of the Reporting Persons hereby makes the following certification:

      By signing below we certify that, to the best of our 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.




Schedule 13G                                                      PAGE 31 OF 37
CUSIP No. 71715B409


                                   SIGNATURES

      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:  March 13, 2008                  DAVIDSON KEMPNER PARTNERS
                                        By: MHD Management Co.,
                                        its General Partner

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER INSTITUTIONAL
                                        PARTNERS, L.P.
                                        By: Davidson Kempner Advisers Inc.,
                                        its General Partner

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: President

                                        M.H. DAVIDSON & CO.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER INTERNATIONAL, LTD.
                                        By: Davidson Kempner International
                                        Advisors, L.L.C., its Investment
                                        Manager

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member

                                        SERENA LIMITED
                                        By: Davidson Kempner International
                                        Advisors, L.L.C., its Investment
                                        Manager

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member




Schedule 13G                                                      PAGE 32 OF 37
CUSIP No. 71715B409


                                        MHD MANAGEMENT CO.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER ADVISERS INC.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: President

                                        DAVIDSON KEMPNER INTERNATIONAL
                                        ADVISORS, L.L.C.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Thomas L. Kempner, Jr.

                                        /s/ Marvin H. Davidson
                                        --------------------------
                                        Marvin H. Davidson

                                        /s/ Stephen M. Dowicz
                                        --------------------------
                                        Stephen M. Dowicz

                                        /s/ Scott E. Davidson
                                        --------------------------
                                        Scott E. Davidson

                                        /s/ Michael J. Leffell
                                        --------------------------
                                        Michael J. Leffell

                                        /s/ Timothy I. Levart
                                        --------------------------
                                        Timothy I. Levart

                                        /s/ Robert J. Brivio, Jr.
                                        --------------------------
                                        Robert J. Brivio, Jr.

                                        /s/ Eric P. Epstein
                                        --------------------------
                                        Eric P. Epstein

                                        /s/ Anthony A. Yoseloff
                                        --------------------------
                                        Anthony A. Yoseloff

                                        /s/ Avram Z. Friedman
                                        --------------------------
                                        Avram Z. Friedman




Schedule 13G                                                      PAGE 33 OF 37
CUSIP No. 71715B409


                                        /s/ Conor Bastable
                                        --------------------------
                                        Conor Bastable
                                        --------------




Schedule 13G                                                      PAGE 34 OF 37
CUSIP No. 71715B409


                                    EXHIBIT 1

                            JOINT ACQUISITION STATEMENT

                             PURSUANT TO RULE 13d-1(k)

      The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.

DATED:  March 13, 2008                  DAVIDSON KEMPNER PARTNERS
                                        By: MHD Management Co.,
                                        its General Partner

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER INSTITUTIONAL
                                        PARTNERS, L.P.
                                        By: Davidson Kempner Advisers Inc.,
                                        its General Partner

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: President

                                        M.H. DAVIDSON & CO.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER INTERNATIONAL, LTD.
                                        By: Davidson Kempner International
                                        Advisors, L.L.C.,
                                        its Investment Manager

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member




Schedule 13G                                                      PAGE 35 OF 37
CUSIP No. 71715B409


                                        SERENA LIMITED
                                        By: Davidson Kempner International
                                        Advisors, L.L.C.,
                                        its Investment Manager

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member

                                        MHD MANAGEMENT CO.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Managing Partner

                                        DAVIDSON KEMPNER ADVISERS INC.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: President

                                        DAVIDSON KEMPNER INTERNATIONAL
                                        ADVISORS, L.L.C.

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Name:  Thomas L. Kempner, Jr.
                                        Title: Executive Managing Member

                                        /s/ Thomas L. Kempner, Jr.
                                        --------------------------
                                        Thomas L. Kempner, Jr.

                                        /s/ Marvin H. Davidson
                                        -------------------------
                                        Marvin H. Davidson

                                        /s/ Stephen M. Dowicz
                                        -------------------------
                                        Stephen M. Dowicz

                                        /s/ Scott E. Davidson
                                        -------------------------
                                        Scott E. Davidson

                                        /s/ Michael J. Leffell
                                        -------------------------
                                        Michael J. Leffell

                                        /s/ Timothy I. Levart
                                        -------------------------
                                        Timothy I. Levart

                                        /s/ Robert J. Brivio, Jr.
                                        -------------------------
                                        Robert J. Brivio, Jr.




Schedule 13G                                                      PAGE 36 OF 37
CUSIP No. 71715B409


                                        /s/ Eric P. Epstein
                                        -------------------------
                                        Eric P. Epstein

                                        /s/ Anthony A. Yoseloff
                                        -------------------------
                                        Anthony A. Yoseloff

                                        /s/ Avram Z. Friedman
                                        -------------------------
                                        Avram Z. Friedman

                                        /s/ Conor Bastable
                                        -------------------------
                                        CONOR BASTABLE
                                        --------------