SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
TECHNOLOGY MODELING ASSOCIATES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
87872R102
(CUSIP Number)
* 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 disclosure provided in a prior
cover page.
The information required on 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>
CUSIP No. 87872R102
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Van Wagoner Capital Management, Inc. - 94-3235240
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
5 SOLE VOTING POWER
NUMBER OF
-0-
SHARES
6 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
690,300
REPORTING
PERSON
8 SHARED DISPOSITIVE POWER
WITH
-0-
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
690,300
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [_]
Not Applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.51%*
12 TYPE OF REPORTING PERSON
IA
* Based upon an aggregate of 8,115,616 shares outstanding at October
31, 1997.
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Van Wagoner Funds, Inc. - 39-1836333, 39-1836332, 94-3256424
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [x]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
5 SOLE VOTING POWER
NUMBER OF
552,300
6 SHARED VOTING POWER
SHARES
-0-
BENEFICIALLY
7 SOLE DISPOSITIVE POWER
OWNED BY
-0-
EACH
REPORTING
8 SHARED DISPOSITIVE POWER
PERSON
-0-
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
552,300
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.81%*
12 TYPE OF REPORTING PERSON
IV
* Based upon an aggregate of 8,115,616 shares outstanding at October
31, 1997.
<PAGE>
This Amendment No. 1 to the undersigned's Schedule 13G, which
was originally filed on February 12, 1997 (the "Schedule 13G") with regard
to Technology Modeling Associates, Inc. (the "Issuer") is being filed to
amend Items 2(a) and 4 of the Schedule 13G. Except as expressly stated
herein, there have been no material changes in the information set forth
in the Schedule 13G.
Item 2(a). Name of Person Filing:
The persons filing this Schedule 13G are (i) Van Wagoner Capital
Management, Inc., an investment adviser registered under Section 203 of
the Investment Advisers Act of 1940 and (ii) Van Wagoner Funds, Inc., an
investment company registered under the Investment Company Act of 1940.
Van Wagoner Funds, Inc. has three portfolios, each with a separate I.R.S.
identification number, Van Wagoner Emerging Growth Fund, Van Wagoner
Micro-Cap Fund and Van Wagoner Post-Venture Fund. Van Wagoner Capital
Management, Inc. is the investment adviser to Van Wagoner Funds, Inc.
Item 4. Ownership.
Van Wagoner Capital Management, Inc.
(a) Amount Beneficially Owned: 690,300*
(b) Percent of Class: 8.51%
(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: -0-
(iii) sole power to dispose or to direct the disposition
of: 690,300
(iv) shared power to dispose or to direct the disposition
of: -0-
Van Wagoner Funds, Inc.
(a) Amount Beneficially Owned: 552,300*
(b) Percent of Class: 6.81%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 552,300
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition
of: -0-
(iv) shared power to dispose or to direct the disposition
of: -0-
__________________
* Van Wagoner Capital Management, Inc. and Van Wagoner Funds, Inc.
share beneficial ownership over the same 552,300 shares.
<PAGE>
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.
February 13, 1998
VAN WAGONER CAPITAL MANAGEMENT, INC.
By: /s/ Garrett R. Van Wagoner
Garrett R. Van Wagoner, President
VAN WAGONER FUNDS, INC.
By: /s/ Garrett R. Van Wagoner
Garrett R. Van Wagoner, President
