INSWEB CORP
10-Q/A, 2000-05-31
BUSINESS SERVICES, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                   -----------

                                    FORM 10-Q/A

         /X/      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2000

                                       OR

         / /      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934

         FOR THE TRANSITION PERIOD FROM             TO
                                        -----------    -----------------

                         COMMISSION FILE NUMBER 0-26083
                                   -----------
                               INSWEB CORPORATION
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

             Delaware                                     94-3220749
  (STATE OR OTHER JURISDICTION OF                       (IRS EMPLOYER
   INCORPORATION OR ORGANIZATION)                   IDENTIFICATION NUMBER)


                               901 MARSHALL STREET
                         REDWOOD CITY, CALIFORNIA 94063
                    (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

                                   -----------

                                 (650) 298-9100
              (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)


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Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes |X| No [ ]

The number of outstanding shares of the Registrant's Common Stock, par value
$0.001 per share, on April 30, 2000 was 35,145,710 shares.

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Discussion of Form 10-Q/A, Amended Quarterly Report

This amendment revises Exhibit 27.1 - Financial Data Schedule to reflect
$46,569,153 of Cash and Cash Equivalents and 30,687,659 of Short-term
investments, which were erroneously excluded during transmission to Edgar.
No other changes were made to our Form 10-Q for the three months ended
March 31, 2000, which was filed on May 15, 2000.  The following replaces,
in its entirety, Item 6 - Other Information included in InsWeb's previously
filed quarterly report on Form 10-Q for the period ended March 31, 2000.


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PART II: OTHER INFORMATION


Item 6. Exhibits and Reports on Form 8-K.


   (a)      EXHIBITS
            --------

          27.1         Financial Data Schedule

   (b) Reports on Form 8-K

       Current Report dated May 3, 2000 regarding the announcement of first
       quarter results and loss of State Farm as a customer.

       Current Report dated March 1, 2000 regarding the resignation of Stephen
       Robertson, Chief Financial Officer


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                               INSWEB CORPORATION
                                  (REGISTRANT)



         Dated: May 30, 2000                     /s/ Mark P. Guthrie
                                                 ------------------------
                                                 Mark P. Guthrie
                                                 Executive Vice President, Chief
                                                 Operating Officer and Chief
                                                 Financial Officer (acting)


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                                  EXHIBIT INDEX

   EXHIBIT
   -------

27.1           Financial Data Schedule


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