Thanks Paul,
The first few lights, I was bringing the gear up without pressing the button and doing so well below the 107 kias gear retraction max speed, but the horn would continue and gear unsafe light would be on and it would seem that only a gear cycle(lever dow and up again) would do the trick.
obviously that is a bit unusual and unnerving, so I asked the previous owner who is my partner on the plane now, he told me that he usually presses and holds the bypass red button while bringing up the gear, that seems to work, the gear goes up and gear unsafe light is the turned off as is gear down off as well indicating gear is fully and safely up, the alarm rings all the way trough this process, and stops as speed is gained.
I guess I didn't make a fuss out of it, but it is really annoying and requires more attention and handling than just a simple gear up action should require at a critical time that I much rather have my attention on the takeoff and climb than holding the bypass button for 15 seconds while flying the plane in a steep angle as to not surpass 1077 kias...
Anyway... Any thoughts would be great !!!