<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ______)*
Netspeak Corporation
--------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
64115D109
---------
(CUSIP Number)
December 31, 1999
(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 of 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 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).
Page 1 of 4 Pages
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- ------------------- -----------------
CUSIP No. 64115D109 Page 2 of 4 Pages
- ------------------- -----------------
- ---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Howard Capital Management
- ---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
Not Applicable
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------- --------- ------------------------------------------------
5 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY
284,200
--------- ------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH
REPORTING 0
PERSON
WITH --------- ------------------------------------------------
8 SHARED DISPOSITIVE POWER
736,775
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
736,775
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
Not Applicable
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.7%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
- ---------- ---------------------------------------------------------------------
Page 2 of 4 Pages
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Item 1(a): Name of Issuer:
- ---------- ---------------
Netspeak Corporation
Item 1(b): Address of Issuer's Principal Executive Offices:
- ---------- ------------------------------------------------
902 Clint Moore Road, Suite 104
Boca Raton, Florida 33487
Item 2(a): Name of Person Filing:
- ---------- ----------------------
Howard Capital Management
Item 2(b): Address of Principal Business Office:
- ---------- -------------------------------------
45 Rockefeller Plaza
Suite 1440
New York, New York 10111
Item 2(c): Citizenship:
- ---------- ------------
New York
Item 2(d): Title of Class of Securities:
- ---------- -----------------------------
Common Stock
Item 2(e): CUSIP Number:
- ---------- -------------
64115D109
Item.3: If the reporting person is an investment adviser in
- ------- accordance with ss. 240.13d-1(b)(1)(ii)(E), check this box.
[X]
Item 4: Ownership:
- ------- ----------
(a) Amount beneficially owned: 736,775
(b) Percent of class: 5.7%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
0.
(ii) Shared power to vote or to direct the
vote 284,200.
(iii) Sole power to dispose or to direct the
disposition of 0.
Page 3 of 4 Pages
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(iv) Shared power to dispose or to direct
the disposition of 736,775.
Item 5: Ownership of Five Percent or Less of a Class:
- ------- ---------------------------------------------
Not Applicable.
Item 6: Ownership of More than Five Percent on Behalf of Another
- ------- --------------------------------------------------------
Person:
-------
Not Applicable.
Item 7: Identification and Classification of the Subsidiary Which
- ------- ---------------------------------------------------------
Acquired the Securities Being Reported on By the Parent
-------------------------------------------------------
Holding Company:
----------------
Not Applicable.
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 acquired and are held in the ordinary
course of business and 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 of effect.
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.
Dated: February 9, 2000
HOWARD CAPITAL MANAGEMENT
By: /s/ Jonathan R. Foster
------------------------------
Name: Jonathan R. Foster
Title: President
Page 4 of 4 Pages
