SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(b)
Gadzoox Networks, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
362555104
(CUSIP Number)
March 6, 2000
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 13 Pages)
*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 disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for purposes 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>
CUSIP No. 362555104 13G Page 2 of 13 Pages
________________________________________________________________________
(1) NAMES OF REPORTING PERSONS Galleon Technology Partners I, L.P.
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
81,983
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
81,983
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
81,983
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.3%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 362555104 13G Page 3 of 13 Pages
_______________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Galleon Technology Partners II, L.P.
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
- 0 -
SHARES
______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 311,380
______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
- 0 -
REPORTING
______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
311,380
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
311,380
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.2%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<page
CUSIP No. 362555104 13G Page 4 of 13 Pages
_______________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Galleon New Media Partners, L.P.
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
- 0 -
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
90,850
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
- 0 -
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
90,850
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
90,850
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.4%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<page
CUSIP No. 362555104 13G Page 5 of 13 Pages
_______________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Galleon Management, L.P.
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
- 0 -
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
1,129,087
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
- 0 -
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,129,087
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,129,087
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
4.4%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN, IA
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 362555104 13G Page 6 of 13 Pages
________________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Galleon Management, L.L.C.
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
1, 129,087
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,129,087
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,129,087
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.4%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
OO
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 362555104 13G Page 7 of 13 Pages
________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Galleon Advisors, L.L.C.
________________________________________________________________________
(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
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
- 0 -
SHARES
______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
484,213
OWNED BY
______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
- 0 -
REPORTING
______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
484,213
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
484,213
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.9%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
OO, IA
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<page
CUSIP No. 362555104 13G Page 8 of 13 Pages
________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Raj Rajaratnam
________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [x]
________________________________________________________________________
(3) SEC USE ONLY
________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
- 0 -
SHARES
______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 1,613,300
______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
- 0 -
REPORTING
______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,613,300
________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,613,300
________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.3%
________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
<page
CUSIP No. 13G Page 9 of 13 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Gadzoox Networks, Inc. (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
5850 Hellyer Avenue, San Jose, CA 95138.
Item 2(a). Name of Person Filing:
This statement is filed by (a) Galleon Technology Partners I, L.P.
("Domestic Fund I"), (b) Galleon Technology Partners II, L.P.,
("Domestic Fund II); (c) Galleon New Media Partners, L.P. ("Media
Partners"); (d) Galleon Management, L.P. ("Management LP"), (e) Galleon
Management, L.L.C. ("Management LLC"), (f) Galleon Advisors, L.L.C.
("Advisors"); and (g) Raj Rajaratnam ("Rajaratnam"). The persons listed
in (a) through (g) above are collectively referred to herein as the
"Reporting Persons".
Item 2(b). Address of Principal Business Office or, if None,
Residence:
The address of the principal business office of each of the
Reporting Persons is 135 East 57th Street, New York, New York 10022.
Item 2(c). Citizenship:
Rajaratnam is a U.S. citizen. Each of the other Reporting Persons
is a limited liability company or limited partnership organized under
the laws of Delaware.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock.
ITEM 2(e). CUSIP NUMBER:
362555104.
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-
2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the
Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E),
<PAGE>
CUSIP No. 13G Page 10 of 13 Pages
(f) [ ] Employee Benefit Plan or Endowment Fund in
accordance with 13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in
accordance with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of
the Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
A. Domestic Fund I
(a) Amount beneficially owned: 81,983 shares
(b) Percent of class: 0.3% The percentages used herein and
in the rest of Item 4 are calculated based upon
25,776,120 shares of Common Stock issued and
outstanding, as reported in the Form 10-Q of the
Company for the quarter ended December 31, 1999.
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 81,983
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
81,983 shares
B. Domestic Fund II
(a) Amount beneficially owned: 311,380 shares
(b) Percent of class: 1.2%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 311,380
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
311,380 shares
C. Media Partners
(a) Amount beneficially owned: 90,850 shares
(b) Percent of class: 0.4%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 90,850
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
90,850 shares
D. Management LP
(a) Amount beneficially owned: 1,129,087 shares
(b) Percent of class: 4.4%
<PAGE>
CUSIP No. 13G Page 11 of 13 Pages
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,129,087
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,129,087 shares
Management LP owns directly no shares of Common Stock.
Management LP serves as the investment manager of Galleon New Media
Partners International, Ltd., Galleon International Fund, Ltd. and
several managed accounts (the "Managed Accounts") and has the power to
vote and dispose of the shares of Common Stock beneficially owned by the
Managed Accounts. By reason of the provisions of Rule 13d-3 of the
Securities Exchange Act of 1934 (the "Act"), Management LP may be deemed
to own beneficially the shares of Common Stock beneficially owned by the
Managed Accounts.
E. Management LLC
(a) Amount beneficially owned: 1,129,087 shares
(b) Percent of class: 4.4%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,129,087
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,129,087 shares
Management LLC owns directly no shares of Common Stock.
Management LLC is the general partner of Management LP and has the power
to vote and dispose of the shares of Common Stock beneficially owned by
the Managed Accounts. By reason of the provisions of Rule 13d-3 of the
Securities Exchange Act of 1934 (the "Act"), Management LLC may be
deemed to own beneficially the shares of Common Stock beneficially owned
by the Managed Accounts.
F. Advisors
(a) Amount beneficially owned: 484,213 shares
(b) Percent of class: 1.9%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 484,213
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
484,213 shares
Advisors owns directly no shares of Common Stock.
Advisors is the general partner of Domestic Fund I, Domestic Fund II and
Media Partners (collectively, the "Partnerships") and has the power to
vote and dispose of the shares of Common Stock beneficially owned by the
Partnerships. By reason of the provisions of Rule 13d-3 of the
Securities Exchange Act of 1934 (the "Act"), Advisors may be deemed to
own beneficially the shares of Common Stock beneficially owned by the
Partnerships.
<PAGE>
CUSIP No. 13G Page 12 of 13 Pages
G. Rajaratnam
(a) Amount beneficially owned: 1,613,300 shares
(b) Percent of class: 6.3%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,613,300
shares
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,613,300 shares
Rajaratnam owns directly no shares of Common Stock.
Rajaratnam is the sole managing member of Advisors and the controlling
managing member of Management LLC and has the power to vote and dispose
of the shares of Common Stock beneficially owned by the Partnerships and
the Managed Accounts. By reason of the provisions of Rule 13d-3 of the
Securities Exchange Act of 1934 (the "Act"), Rajaratnam may be deemed to
own beneficially the shares of Common Stock beneficially owned by the
Partnerships and the Managed Accounts.
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.
Each of the Managed Accounts has the right to receive dividends from
and the proceeds of the sale of the Common Stock. None of the Managed
Accounts has such rights with respect to more than 5% of the Common
Stock.
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.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
<PAGE>
CUSIP No. 13G Page 13 of 13 Pages
Item 10. Certification.
Each of the Reporting Persons hereby makes the following
certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above 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 or effect.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement
is true, complete and correct.
DATED: March __, 2000
_____________________
Raj Rajaratnam
for himself and as
Managing Member of
Galleon Management, L.L.C.;
as General Partner
of Galleon Management, L.P.; and
as Managing Member of
Galleon Advisors, L.L.C., for itself
and as general partner of Galleon
New Media Partners, L.P., Galleon
Technology Partners I, and Galleon
Technology Partners II
<PAGE>
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