CYBERCASH INC
SC 13D/A, 1999-02-08
COMPUTER INTEGRATED SYSTEMS DESIGN
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D
                                 (RULE 13D-101)

           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
                   RULE 13D-1(A) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13D-2(A).
                               (AMENDMENT NO. 2)*

                                 CYBERCASH, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.001 PER SHARE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   232462 10 1
                        -------------------------------
                                 (CUSIP Number)

          RONALD FISHER                      STEPHEN A. GRANT, ESQ.
       SOFTBANK HOLDINGS INC.                 SULLIVAN & CROMWELL
     10 LANGLEY ROAD, SUITE 403                125 BROAD STREET
       NEWTON CENTER, MA 02159                NEW YORK, NY 10004
          (617) 928-9300                        (212) 558-4000
- --------------------------------------------------------------------------------
          (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)

                                DECEMBER 31, 1998
                         ------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|.

NOTE: Six copies of this statement, including all exhibits, should be filed with
the  Commission.  See Rule  13d-1(a) for other  parties to whom copies are to be
sent.

*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
disclosures 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 (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).

                                                                SEC 1746(12-91)
                         (continued on following pages)


<PAGE>


                                  SCHEDULE 13D

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  2  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

       SOFTBANK AMERICA INC.
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                (A) [_]
                                                                        (B) [_]
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       OO
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
       ITEMS 2(d) OR 2(e)                                                   [_]

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       DELAWARE
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
                    ------------------------------------------------------------
    NUMBER OF       8    SHARED VOTING POWER
      SHARES
   BENEFICIALLY          0
     OWNED BY       ------------------------------------------------------------
       EACH         9    SOLE DISPOSITIVE POWER
    REPORTING
      PERSON             976,540
       WITH         ------------------------------------------------------------
                   10    SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      976,540
- --------------------------------------------------------------------------------
 12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
      SHARES*                                                               [_]
- --------------------------------------------------------------------------------
 13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

      6.2%
- --------------------------------------------------------------------------------
 14   TYPE OF REPORTING PERSON*

      HC, CO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  3  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

       SOFTBANK HOLDINGS INC.         I.R.S. Identification No.
                                      95-446-7445
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                (A) [_]
                                                                        (B) [_]
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       AF
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
       ITEMS 2(d) OR 2(e)                                                   [_]

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       DELAWARE
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
                    ------------------------------------------------------------
    NUMBER OF       8    SHARED VOTING POWER
      SHARES
   BENEFICIALLY          0
     OWNED BY       ------------------------------------------------------------
       EACH         9    SOLE DISPOSITIVE POWER
    REPORTING
      PERSON             976,540
       WITH         ------------------------------------------------------------
                   10    SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      976,540
- --------------------------------------------------------------------------------
 12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
      SHARES*                                                               [_]
- --------------------------------------------------------------------------------
 13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

      6.2%
- --------------------------------------------------------------------------------
 14   TYPE OF REPORTING PERSON*

      HC, CO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  4  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

       SOFTBANK CORP.
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                (A) [_]
                                                                        (B) [_]
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       AF
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
       ITEMS 2(d) OR 2(e)                                                   [_]

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       JAPAN
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
                    ------------------------------------------------------------
    NUMBER OF       8    SHARED VOTING POWER
      SHARES
   BENEFICIALLY          0
     OWNED BY       ------------------------------------------------------------
       EACH         9    SOLE DISPOSITIVE POWER
    REPORTING
      PERSON             976,540
       WITH         ------------------------------------------------------------
                   10    SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      976,540
- --------------------------------------------------------------------------------
 12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
      SHARES*                                                               [_]
- --------------------------------------------------------------------------------
 13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

      6.2%
- --------------------------------------------------------------------------------
 14   TYPE OF REPORTING PERSON*

      HC, CO
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  5  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

       MASAYOSHI SON
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                (A) [_]
                                                                        (B) [_]
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       AF
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
       ITEMS 2(d) OR 2(e)                                                   [_]

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       JAPAN
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
                    ------------------------------------------------------------
    NUMBER OF       8    SHARED VOTING POWER
      SHARES
   BENEFICIALLY          0
     OWNED BY       ------------------------------------------------------------
       EACH         9    SOLE DISPOSITIVE POWER
    REPORTING
      PERSON             976,540
       WITH         ------------------------------------------------------------
                   10    SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      976,540
- --------------------------------------------------------------------------------
 12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
      SHARES*                                                               [_]
- --------------------------------------------------------------------------------
 13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

      6.2%
- --------------------------------------------------------------------------------
 14   TYPE OF REPORTING PERSON*

      IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  6  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------

      SOFTBANK  America  Inc.,  a  Delaware  corporation  ("SB  America"),   Mr.
Masayoshi  Son, a Japanese  citizen  ("Mr.  Son"),  SOFTBANK  Corp.,  a Japanese
corporation  ("SOFTBANK"),  and SOFTBANK  Holdings Inc., a Delaware  corporation
("SBH" and,  together  with SB America,  Mr. Son and  SOFTBANK,  the  "Reporting
Persons"),  hereby amend the report on Schedule 13D for the  Reporting  Persons,
dated January 11, 1999 (the "Schedule 13D"), filed by the Reporting Persons with
respect to the shares of Common Stock beneficially owned by them.


ITEM 5.   INTEREST IN SECURITIES OF THE ISSUER.

      (A).  Item 5(a) of the Schedule  13D is hereby  amended in its entirety to
read as follows:

      The percentage  interest held by each Reporting  Person presented below is
based on the number of shares of Common Stock  reported to be  outstanding as of
September 30, 1998 in the Issuer's Quarterly report on Form 10-Q for the quarter
ended September 30, 1998 (the "Outstanding Shares").

      As of the date of the filing of this  Statement,  SB America  beneficially
owns, and SBH, SOFTBANK and Mr. Son may be deemed to beneficially own through SB
America  976,540  shares of Common Stock  comprising  approximately  6.2% of the
Outstanding Shares.

      Except as described in this Statement,  none of the Reporting Persons, nor
to the best  knowledge and belief of SB America,  SBH or SOFTBANK,  any of their
respective executive officers or directors beneficially owns any Common Stock or
securities convertible into Common Stock.

      (E).  Item 5(e) of the  Schedule  13D is hereby  mended in its entirety to
read as follows:

      Not applicable.




<PAGE>

- -------------------------                         -----------------------------
CUSIP NO.  232462-10-1                            PAGE  7  OF   7  PAGES
           --------------                              ----    ----
- -------------------------                         ------------------------------


                                    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.

February 8, 1999                        SOFTBANK AMERICA INC.


                                        By:  /s/ Stephen A. Grant
                                            -----------------------------------
                                            Stephen A. Grant
                                            Assistant Secretary


                                        SOFTBANK HOLDINGS INC.


                                        By:  /s/ Stephen A. Grant
                                            -----------------------------------
                                            Stephen A. Grant
                                            Secretary


                                        SOFTBANK CORP.


                                        By:  /s/ Stephen A. Grant
                                            -----------------------------------
                                            Stephen A. Grant
                                            Attorney-in-fact


                                        MASAYOSHI SON


                                        By:  /s/ Stephen A. Grant
                                            -----------------------------------
                                            Stephen A. Grant
                                            Attorney-in-fact



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