CORCOM INC
SC 13G/A, 1997-01-16
ELECTRONIC COMPONENTS, NEC
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<PAGE>
 
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                  SCHEDULE 13G



                   Under the Securities Exchange Act of 1934
                               (Amendment No. 14)*


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

                           Common Stock (no par value)
                      ------------------------------------
                         (Title of  Class of Securities)

                                  218356 10 3
                                  -----------
                                 (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 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 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
<PAGE>

                                 SCHEDULE 13G
 
- -----------------------                                  ---------------------
 CUSIP NO. 218356 10 3                                     PAGE 2 OF 4 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                                                                
        Werner E. Neuman
                          
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
        N/A                                                     (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4                                 
        U.S.

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5                                                       
     NUMBER OF              958,866            
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6       
                            N/A
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7       
    REPORTING               958,866
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8       
                            N/A

- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9                           
        958,866

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10           
        [X]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11           
        24.9

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12           
        IN

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
ITEM 1 (a)  Name of Issuer: Corcom, Inc.
- ----------                                

ITEM 1 (b)  Address of Issuer's Principal Executive Offices:
- ----------                                                  
            844 East Rockland Road, Libertyville, Illinois 60048

ITEM 2 (a)  Name of Person Filing: Werner E. Neuman
- ----------                                             

ITEM 2 (b)  Address of Principal Business Office, or, if none, Residence:
- ----------                                                               
            844 East Rockland Road, Libertyville, Illinois 60048
 
ITEM 2 (c)  Citizenship: U.S.
- ----------                        

ITEM 2 (d)  Title of Class of Securities:
- ----------                               
            Common Stock (no par value)
 
ITEM 2 (e)  CUSIP Number: 218356 10 3
- ----------                              

ITEM 3      Not applicable. (This Schedule is filed pursuant to Rule 13d-1(c).)
- ------                                                                      

ITEM 4      Ownership:
- ------                     
            The following information is provided as of December 31, 1996:

            (a) Amount Beneficially Owned: 958,866 shares. Includes 34,000 
                options deemed exercised solely for purposes of this statement.
                Excludes 33 shares owned by Mr. Neuman's spouse, as to which he
                disclaims beneficial ownership.

            (b) Percent of Class: 24.9%

            (c) Undersigned has sole power to vote and sole power to dispose of
                all shares.

ITEM 5      Ownership of Five Percent or Less of a Class:
- ------                                                        
            If this statement is being filed to report the fact that as of the
            date hereof the reporting person has ceased to be the beneficial
            owner of more than five percent of the class of securities, check
            the following [ ].
 
ITEM 6      Ownership of More than Five Percent on Behalf of Another Person:
- ------                                                                   
            Not applicable.

                               Page 3 of 4 pages
<PAGE>
 
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.

ITEM 10     Certification:
- -------                      
            Not applicable.

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.



Date: January 13, 1997


 
Signature   /s/Werner E. Neuman
          --------------------------------------------------------------

Name/Title     Werner E. Neuman

                               Page 4 of 4 pages


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