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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 N5bcvZP1w24bnkP8L/u3EqexuwitZjgvQ39/YACx86Xe5DazxlawcorgWenfbScW
 lsMBos/x7PSjvM6cRCKbig==

<SEC-DOCUMENT>0001142062-06-000031.txt : 20061030
<SEC-HEADER>0001142062-06-000031.hdr.sgml : 20061030
<ACCEPTANCE-DATETIME>20061030095732
ACCESSION NUMBER:		0001142062-06-000031
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20061030
DATE AS OF CHANGE:		20061030

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRAHAM CORP
		CENTRAL INDEX KEY:			0000716314
		STANDARD INDUSTRIAL CLASSIFICATION:	GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560]
		IRS NUMBER:				161194720
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-34954
		FILM NUMBER:		061170749

	BUSINESS ADDRESS:	
		STREET 1:		20 FLORENCE AVE
		STREET 2:		POST OFFICE BOX 719
		CITY:			BATAVIA
		STATE:			NY
		ZIP:			14020
		BUSINESS PHONE:		5853432216

	MAIL ADDRESS:	
		STREET 1:		20 FLORENCE AVENUE
		STREET 2:		POST OFFICE BOX 719
		CITY:			BATAVIA
		STATE:			NY
		ZIP:			14021-0719

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VAN DEN BERG MANAGEMENT INC/TX
		CENTRAL INDEX KEY:			0001142062
		IRS NUMBER:				953017097
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		805 LAS CIMAS PARKWAY
		STREET 2:		SUITE 430
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78746
		BUSINESS PHONE:		512-329-0050

	MAIL ADDRESS:	
		STREET 1:		805 LAS CIMAS PARKWAY
		STREET 2:		SUITE 430
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78746

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN DEN BERG MANAGEMENT INC/CA
		DATE OF NAME CHANGE:	20010606
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>ghm1006.txt
<TEXT>
SCHEDULE 13G

                        Under the Securities and Exchange Act of 1934

                                             3
                                       (Amendment No.)

                                          Graham Corp
                                       (Name of Issuer)

                                        Common stock
                                (Title of Class of Securities)

                                          384556106
                                        (CUSIP Number)

                                          10/17/2006
                                        (Date of Event)


1.  NAME OF REPORTING PERSON
     S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                Van Den Berg Management     TAX # 953017097

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                         A
                         B x
3 SEC USE ONLY4 CITIZENSHIP OR PLACE OF ORGANIZATION

                USA

5   SOLE VOTING POWER

                0

6   SHARED VOTING POWER

                97,536

7   SOLE DISPOSITIVE POWER

                0

8   SHARED DISPOSITIVE POWER

                97,536

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                97,536

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                N/A

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                2.53%

12 TYPE OF REPORTING PERSON*

                IA

Item 1.

(a) Name of Issuer

                Graham Corp.

(b) Address of Issuer's Principal Executive Offices

                20 Florence Ave, Batavia, NY  14020-3387

Item 2.

(a) Name of Person Filing

                VAN DEN BERG MANAGEMENT      IRS# 953017097

(b) Address of Principal Business Office or, if none, Residence

                805 Las Cimas Parkway
                Suite 430
                Austin, Texas   78746

(c) Citizenship

                USA

(d) Title of Class of Securities

                Common stock

(e) CUSIP Number

                384556106

Item 3. If this statement is filed pursuant to Rule 13d-l(b), or 13d-2(b),
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

(e)  [X] 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; see
240.13d-l(b)(l)(ii)(F)

(g)  Parent Holding Company, in accordance with 240.13d-l(b)(ii)(G)
(Note: See Item 7)

(h) Group, in accordance with 240.13d-l(b)(l)(ii)(H)

Item 4. Ownership

(a) Amount Beneficially Owned

                97,536

(b) Percent of Class

                2.53%

(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                	97,536
(iii) sole power to dispose or to direct the disposition of     0
(iv) shared power to dispose or to direct the disposition of    97,536


Item 5. [X]Ownership of Five Percent or Less of a Class.

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

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

Item 8. Identification and Classification of Members of the Group

Item 9. Notice of Dissolution of Group

Item 10. Certification


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.

                                        Date
                                        10/30/2006
                                        Signature
                                        Jim Brilliant / Vice President
                                        Name/Title
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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