SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934


                              Immersion Corporation
                         ------------------------------
                                (Name of Issuer)

                                  Common Stock
                         ------------------------------
                         (Title of Class of Securities)

                                    452521107
                         ------------------------------
                                 (CUSIP Number)

                                December 31, 2005
                         ------------------------------
             (Date of Event which requires filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed: 

     [X] Rule 13d-1(b)
     [_] Rule 13d-1(c)
     [_] Rule 13d-1(d)

     *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).

                        (Continued on following page(s))




                                Page 1 of 6 Pages




                                                        Page  2   of   6   Pages
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---------------------------                          ---------------------------
CUSIP NO.  452521107                  13G
---------------------------                          ---------------------------

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

1       NAME OF REPORTING PERSON:                   Jundt Associates, Inc.
        I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:  41-1436485
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
        (a) [_]
        (b) [_]
--------------------------------------------------------------------------------

3       SEC USE ONLY
--------------------------------------------------------------------------------

4       CITIZENSHIP OR PLACE OF ORGANIZATION

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

                           5       SOLE VOTING POWER
NUMBER OF
                                                1,790,485
SHARES                     -----------------------------------------------------
                                                                                
BENEFICIALLY               6       SHARED VOTING POWER                          
                                                                                
OWNED BY                                                0                       
                           -----------------------------------------------------
EACH                                                                            
                           7       SOLE DISPOSITIVE POWER                       
REPORTING                                                                       
                                                1,790,485                       
PERSON                     -----------------------------------------------------
                                                                                
WITH:                      8       SHARED DISPOSITIVE POWER                     
                                                                                
                                                        0                       
--------------------------------------------------------------------------------

9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  1,790,485
--------------------------------------------------------------------------------

10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
        (SEE INSTRUCTIONS)
        [_]
--------------------------------------------------------------------------------

11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                       7.41%
--------------------------------------------------------------------------------

12      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                         IA
--------------------------------------------------------------------------------


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ITEM 1.

         (a)      Name of Issuer
                  Immersion Corporation

         (b)      Address of Issuer's Principal Executive Offices
                  801 Fox Lane
                  San Jose, CA  95131

ITEM 2.

         (a)      Name of Person Filing.
                  Jundt Associates, Inc. (the "Company")

         (b)      Address of Principal Business Office or, if none, Residence.
                  301 Carlson Parkway
                  Suite 120
                  Minnetonka, MN 55305

         (c)      Citizenship.
                  The Company is organized in Minnesota

         (d)      Title of Class of Securities.
                  Common Stock

         (e)      CUSIP Number. 
                  452521107

ITEM 3.           IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(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)      [X]  Investment Company registered under Section 8 of the 
                       Investment Company Act




                                                        Page  4   of   6   Pages
                                                            -----    -----


         (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; see
                       ss.240.13d-1(b)(1)(ii)(F)

         (g)      [_]  Parent Holding Company, in accordance with 
                       ss.240.13d-1(b)(ii)(G) (Note: See Item 7) 

         (h)      [_]  Group, in accordance with ss.240.13d-1(b)(ii)(H)


ITEM 4.           OWNERSHIP

         (a)      Amount beneficially owned: 
                  1,790,485

         (b)      Percent of Class: 
                  7.41%

         (c)      Of the shares beneficially owned by the Reporting Person, he
                  has the power to vote or dispose of the shares as follows:

                  (i)     Sole power to vote or direct the vote: 
                          1,790,485

                  (ii)    Shared power to vote or direct the vote: 
                          0

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

                  (iv)    Shared power to dispose or direct the disposition of:
                          0

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

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

                  The company manages accounts for the benefit of its clients.
                  Dividends on, and the proceeds from the sale of, securities
                  are credited to the account which holds or held such
                  securities. The Jundt Growth Fund, Inc., Jundt Funds, Inc.,
                  American Eagle Funds, Inc., and other private accounts managed
                  by the company hold 7.41% of the class of securities referred
                  to above.

ITEM 7.           IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
                  ACQUIRED THE SECURITY REPORTED ON BY THE PARENT HOLDING
                  COMPANY 
                  Not Applicable




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ITEM 8.           IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
                  Not Applicable

ITEM 9.           NOTICE OF DISSOLUTION OF GROUP
                  Not Applicable

ITEM 10.          CERTIFICATION

                  By signing below 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.




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                                    SIGNATURE

         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.

                                                January 3, 2006
                                 ----------------------------------------------
                                                      Date

                                              /s/ Marcus E. Jundt
                                 ----------------------------------------------
                                                   Signature

                                         Marcus E. Jundt, Vice Chairman
                                 ----------------------------------------------
                                                  Name/Title