UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Axent Technologies, Inc.
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(Name of Issuer)
Common Stock, par value $.02 per share
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(Title of Class of Securities)
05459C108
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(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
disclosures provided in a prior cover page.
The information required on the reminder 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).
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CUSIP NO. 05459C108 13G Page 2 of 6 pages
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1 Name of Reporting Person General Atlantic Partners II, L.P.
S.S. or I.R.S. Identifica-
tion No. of Above Person
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2 Check the Appropriate Box (a) [X]
if a Member of a Group (b) [ ]
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3 S.E.C. Use Only
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4 Citizenship or Place of Organization Delaware
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Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares ______
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11. Percent of Class Represented by Amount in Row 9 0%
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12. Type of Reporting Person PN
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CUSIP NO. 05459C108 13G Page 3 of 6 pages
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AMENDMENT NO. 1 TO SCHEDULE 13G
This Amendment No. 1 to Schedule 13G (this "Amendment") is
filed by the undersigned to amend and restate in its entirety the Schedule 13G,
filed February 14, 1997 (the "Statement"), with respect to the shares of common
stock, par value $.02 per share (the "Common Stock"), of Axent Technologies,
Inc.
Item 1.
(a) Name of Issuer
Axent Technologies, Inc.
(b) Address of Issuer's Principal Executive Offices
2400 Research Boulevard
Suite 200
Rockville, Maryland 20850
Item 2.
(a) Names of Persons Filing
General Atlantic Partners II, L.P. (the "Reporting Person")
(b) Address of Principal Business Office
c/o General Atlantic Service Corporation
3 Pickwick Plaza
Greenwich, CT 06830
(c) Citizenship
Delaware
(d) Title of Class Securities
Common Stock, par value $.02 per share (the "Shares")
(e) CUSIP Number
05459C108
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CUSIP NO. 05459C108 13G Page 4 of 6 pages
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Item 3. This statement is not filed pursuant to Rule 13d-1(b), or
13d-2(b).
Item 4. As of December 31, 1997, the Reporting Person owned of record
no Shares, or 0%, of the issued and outstanding Shares. The
general partner of the Reporting Person is General Atlantic
Partners, LLC, a Delaware limited liability company ("GAP").
The managing members of GAP are Steven A. Denning, David C.
Hodgson, Stephen P. Reynolds, J. Michael Cline, William O.
Grabe and William E. Ford.
Item 5. Ownership of Five Percent or Less of a Class
As of the date hereof, the Reporting Person has sold the
remainder of its ownership position and owns of record no
Shares, or 0% of the issued and outstanding Shares.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person
See Item 4.
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Item 4.
Item 9. Notice of Dissolution of Group
Not applicable.
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CUSIP NO. 05459C108 13G Page 5 of 6 pages
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Item 10. Certification
Not applicable.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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CUSIP NO. 05459C108 13G Page 6 of 6 pages
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SIGNATURES
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated as of February 5, 1998
GENERAL ATLANTIC PARTNERS II, L.P.
By: GENERAL ATLANTIC PARTNERS, LLC
its General Partner
By: /s/ Nancy E. Cooper
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Nancy E. Cooper,
a Managing Member
