WESTERN MICRO TECHNOLOGY INC /DE
SC 13D, 1997-10-10
ELECTRONIC PARTS & EQUIPMENT, NEC
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<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549


                                  SCHEDULE 13D


                   UNDER THE SECURITIES EXCHANGE ACT OF 1934


                         WESTERN MICRO TECHNOLOGY, INC.
                         ------------------------------
                                (Name of Issuer)

                                  COMMON STOCK
                                  ------------
                         (Title of Class of Securities)

                                  958648 10 7
                                  -----------
                                 (CUSIP Number)

                              GARY J. COHEN, ESQ.
                                SIDLEY & AUSTIN
                             555 WEST FIFTH STREET
                       LOS ANGELES, CALIFORNIA 90013-1010
                                 (213) 896-6013
                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)

                               SEPTEMBER 30, 1997
                               ------------------
            (Date of Event which Requires Filing of this Statement)

     If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].

          Note: Six copies of this statement, including all exhibits, should be
     filed with the Commission.  See Rule 13d-1(a) for other parties to whom
     copies are to be sent.

                         (Continued on following pages)


                              (Page 1 of 13 Pages)
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 2 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      CANPARTNERS INVESTMENTS IV, LLC

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      CALIFORNIA 
- ------------------------------------------------------------------------------

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
                                                                         [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      PN

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 3 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      CANPARTNERS INCORPORATED

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      CALIFORNIA 
- ------------------------------------------------------------------------------

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
                                                                        [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      CO

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 4 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      CANYON CAPITAL MANAGEMENT, L.P.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      CALIFORNIA 
- ------------------------------------------------------------------------------

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
                                                                          [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      IA

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 5 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      MITCHELL R. JULIS

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      UNITED STATES

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

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
                                                                           [_] 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      IN

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 6 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      JOSHUA S. FRIEDMAN

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      UNITED STATES
- ------------------------------------------------------------------------------

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      IN

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 958648 10 7                 13D                PAGE 7 OF 13 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      R. CHRISTIAN B. EVENSEN

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [X]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF

- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
      TO ITEMS 2(d) OR 2(e)           
 5                                                                  [_] 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6
      UNITED STATES
- ------------------------------------------------------------------------------

                          SOLE VOTING POWER
                     7   
     NUMBER OF            512,000
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      8
                          
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     9   
    REPORTING             512,000
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          10
                          
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11  
      512,000

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12                  
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
13    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
14
      IN

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

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
 
ITEM 1.   SECURITY AND ISSUER

     This Schedule 13D relates to the Common Stock, par value $.01 per share
(the "Common Stock"), of Western Micro Technology, Inc., a Delaware corporation,
which has its principal executive offices at 254 E. Hacienda Ave., Campbell, CA
95008 ("Western Micro").

ITEM 2.   IDENTITY AND BACKGROUND

     (a) This Schedule is being filed by the following persons:

          (i)   Canpartners Investments IV, LLC, a California limited liability
                company ("Canpartners IV");

          (ii)  Canyon Capital Management, L.P., a California limited
                partnership ("CCM");

          (iii) Canpartners Incorporated, a California corporation
                ("Canpartners");

          (iv)  Messrs. Julis, Evensen and Friedman as Individuals.

          Each of the persons listed in (i) to (iv) above is hereinafter
referred to individually as a "Reporting Person" and collectively as the
"Reporting Persons."  The Reporting Persons collectively may be deemed to be a
group beneficially owning, in the aggregate, 512,000 shares of Common Stock (the
"Shares") or approximately 9.5% of the outstanding shares of Common Stock within
the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as
amended (the "Act").

          The filing of this Schedule shall not be construed as an admission
that any Reporting Person is, for purposes of Section 13(d) or 13(g) of the Act,
the beneficial owner of any securities covered by this Schedule except for the
securities stated herein to be beneficially owned by such Reporting Person.

     (b),(c) Canpartners IV is a special purpose investment vehicle formed to
hold securities through participation agreements for accounts managed by CCM, a
registered investment advisor controlled by Canpartners.  The members of
Canpartners IV are Canpartners and Messrs. Friedman, Julis and Evensen.
Canpartners is a holding company formed for the purpose of acting as the general
partner in various investment partnerships.  Canpartners, in turn, is owned in
equal shares by Messrs. Friedman, Julis and Evensen.  Canpartners is the General
Partner of CPI Securities L.P. ("CPI") and also controls The Value Realization
Fund, L.P. ("VRF"), and The Value Realization Fund B, L.P. ("VRFB").  VRF, VRFB
and Canyon Value Realization Fund (Cayman), Ltd. ("CVRF") are all investment
funds and advisory clients of CCM. CCM also manages accounts for unaffiliated
persons (the "Managed Accounts").  CVRF owns 100% of the stock of FinVest
Capital Limited ("FinVest").  Mr. Evensen, a director and President of
Canpartners, holds various positions or limited partnership interests in
affiliates of Canpartners. 

                              Page 8 of 13 Pages
<PAGE>
 
Mr. Friedman, a director and Vice President and Secretary of Canpartners, holds
various positions or limited partnership interests in affiliates of Canpartners.
Mr. Julis, a director and Vice President and Treasurer of Canpartners, holds
various positions or limited partnership interests in affiliates of Canpartners.
The business address of each of these Reporting Persons is 9665 Wilshire
Boulevard, Suite 200, Beverly Hills, California 90212.

     (d),(e) None of the Reporting Persons during the last five years (1) has
been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (2) was a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, Federal or
State securities laws or finding any violation with respect to such laws.

     (f) Each Reporting Person who is a natural person is a citizen of the
United States.

ITEM 3.   SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

     On September 19, 1997, the Reporting Persons purchased 208,000 shares of
Series A Preferred Stock, convertible on a one-to-one basis, and warrants
conferring the right to purchase 104,000 shares of Common Stock ("Series A
Warrants") for an aggregate consideration of $2,002,000 (see Item 5(c)).  On
September 30, 1997, Reporting Persons acquired warrants ("Note Warrants")
conferring the right to purchase an additional 200,000 shares of Common Stock
pursuant to the terms of a $7,850,000 loan agreement between Western Micro and
Reporting Persons (see Item 5(c)).  The funds to purchase the Series A Preferred
Stock, the Series A Warrants, and the Note Warrants came from the working
capital of the purchasers.

ITEM 4.   PURPOSE OF TRANSACTION

          All of the shares of Series A Preferred Stock and the warrants to
purchase shares of Common Stock were purchased for investment purposes only.
The Reporting Persons have no plans or proposals with respect to any of the
matters set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D.

ITEM 5.   INTEREST IN SECURITIES OF ISSUER

     (a) As of the date hereof, each of the Reporting Persons, acting as a group
within the meaning of Section 13(d)(3) of the Act, was the beneficial owner of
an aggregate of 512,000 shares of Common Stock of Western Micro Technology,
Inc., which constituted approximately 9.5% of the 5,362,655 shares of Common
Stock outstanding as of September 26, 1997 (as reported in the Note Purchase
Agreement (as defined in Item 5(c)) plus the 512,000 shares reported herein).

     (b) With respect to the shares acquired by VRF, VRF exercises both voting
and dispositive power and since VRF is ultimately controlled by Canpartners,
Canpartners exercises 

                              Page 9 of 13 Pages
<PAGE>
 
both voting and dispositive power with respect to such shares. With respect to
the shares acquired by VRFB, VRFB exercises both voting and dispositive power
and since VRFB is ultimately controlled by Canpartners, Canpartners exercises
both voting and dispositive power with respect to such shares. With respect to
the shares acquired by FinVest, FinVest exercises both voting and dispositive
power and since the account of FinVest is managed by CCM, the investments of
which are ultimately controlled by Canpartners, Canpartners exercises both
voting and dispositive power with respect to such shares. With respect to the
shares acquired by the Managed Accounts, CCM exercises both voting and
dispositive power and since CCM is ultimately controlled by Canpartners,
Canpartners exercises both voting and dispositive power with respect to such
shares. Canpartners is, in turn, controlled by Messrs. Evensen, Friedman and
Julis and each of these Reporting Persons therefore exercises both voting and
dispositive power with respect to the shares of Common Stock acquired by, VRF,
VRFB, FinVest, CPI and the Managed Accounts. Except as set forth in this Item
5(b), none of the Reporting Persons has voting or dispositive power over another
Reporting Person's shares of Common Stock.

     (c) Item 4 above sets forth the amount of shares acquired by the Reporting
Persons and the aggregate purchase price of such shares.

Series A Preferred Stock and Warrants
- -------------------------------------

          On September 19, 1997, pursuant to the terms of a Private Placement
Offering ("Offering") dated September 11, 1997, the Reporting Persons, through
Canpartners IV, purchased units representing 208,000 shares of Western Micro's
Series A Preferred Stock convertible on a one-to-one basis to Common Stock and
Series A Warrants conferring the right to purchase an additional 104,000 shares
of Common Stock at an exercise price of $9.6875.  The net aggregate
consideration for the Offering was $2,002,000.  Ownership of the shares of
Common Stock underlying shares of Series A Preferred Stock and Series A Warrants
is as follows:

<TABLE>
<CAPTION>
                           NUMBER OF SHARES OF COMMON          NUMBER OF SHARES OF    
     PURCHASER             STOCK UNDERLYING SHARES OF        COMMON STOCK UNDERLYING  
                            SERIES A PREFERRED STOCK          THE SERIES A WARRANTS   
     <S>                         <C>                             <C>                          
     VRF                            62,338                          31,169     
     VRFB                           10,390                           5,195     
     FinVest                       124,883                          62,442     
     Managed Accounts               10,390                           5,195      
</TABLE>

Loan Agreements
- ---------------

     On September 30, 1997, the Reporting Persons, through Canpartners IV,
purchased $7.85 million of Western Micro's 13.5% second priority senior secured
notes due 2000, pursuant to the terms of a note purchase agreement dated
September 30, 1997 ("Note Purchase 

                              Page 10 of 13 Pages
<PAGE>
 
Agreement"), a representative copy of which is attached as Exhibit 4.1 to the
Form 8-K filed by Western Micro on October 10, 1997. Simultaneous with the Note
Purchase Agreement, the Reporting Persons and Western Micro executed a warrant
agreement ("Note Warrant Agreement"), a representative copy of which is attached
as Exhibit 4.3 to the Form 8-K filed by Western Micro on October 10, 1997, which
gave to the Reporting Persons the right to purchase 200,000 shares of the Common
Stock at a price of $7.50 per share, subject to adjustment. Also executed with
the Note Purchase Agreement and Note Warrant Agreement was a registration rights
agreement pursuant to which Western Micro has agreed to register any securities
underlying the Note Warrants, a representative copy of which is attached as
Exhibit 4.2 to the Form 8-K filed by Western Micro on October 10, 1997. The Note
Warrants and shares of Common Stock underlying the Note Warrants are held as set
forth below:
<TABLE>
<CAPTION>
 
     PURCHASER             NUMBER OF SHARES OF COMMON STOCK       
                            UNDERLYING THE NOTE WARRANTS      
     <S>                          <C>                                    
     VRF                            30,600 
     VRFB                            7,600 
     FinVest                       135,000 
     CPI                             3,800 
     Managed Accounts               22,000  
</TABLE>

     Except for the transactions described in this Item 5(c), none of the
Reporting Persons have effected any transaction in the Common Stock in the past
60 days.

     (d) No persons other than the Messrs. Evensen, Friedman and Julis, with
respect to the shares held by VRF, VRFB, FinVest, CPI, and the Managed Accounts
have the right to receive or power to direct the receipt of dividends from, or
the proceeds from the sale of, the shares of Common Stock.

     (e)  N/A

ITEM 6.   CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
          TO THE SECURITIES OF THE ISSUER

     Except with respect to the Joint Filing Agreement among the Reporting
Persons, a copy of which is being filed herewith as Exhibit A, there are no
contracts, arrangements, understandings or relationships among the Reporting
Persons or any other persons with respect to the securities of the Issuer.

                              Page 11 of 13 Pages
<PAGE>
 
ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS

     Exhibit A: Joint Filing Agreement among the Reporting Persons dated the
date hereof.

                                   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.

October 10, 1997

                              CANPARTNERS INCORPORATED


                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen
                                    President


                              CANPARTNERS INVESTMENTS IV, LLC


                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen


 
                              CANYON CAPITAL MANAGEMENT, L.P.
 

                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen
                                    President


                              Page 12 of 13 Pages
<PAGE>
 
                              INDIVIDUALLY,


                              /s/ MITCHELL R. JULIS             
                              ------------------------------------
                              MITCHELL R. JULIS


                              /s/ JOSHUA S. FRIEDMAN
                              ------------------------------------
                              JOSHUA S. FRIEDMAN


                              /s/ R. CHRISTIAN B. EVENSEN
                              ------------------------------------
                              R. CHRISTIAN B. EVENSEN


                              Page 13 of 13 Pages

<PAGE>
 
                                   EXHIBIT A
                             JOINT FILING AGREEMENT
  (Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as
   amended)

     Each of the undersigned hereby agrees to be included in the filing of the
Schedule 13D dated October 10, 1997 and any subsequent amendments hereto,
relating to the shares of Common Stock, par value $.01 per share, of Western
Micro Technology, Inc., a Delaware corporation, beneficially owned by each of
the undersigned.

October 10, 1997
                              CANPARTNERS INCORPORATED


                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen
                                    President


                              CANPARTNERS INVESTMENTS IV, LLC


                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen


 
                              CANYON CAPITAL MANAGEMENT, L.P.
 

                              By:   /s/ R. Christian B. Evensen
                                    ------------------------------
                                    R. Christian B. Evensen
                                    President


                            EXHIBIT A - PAGE 1 OF 2
<PAGE>
 
                              INDIVIDUALLY,


                              /s/ MITCHELL R. JULIS             
                              ------------------------------------
                              MITCHELL R. JULIS


                              /s/ JOSHUA S. FRIEDMAN
                              ------------------------------------
                              JOSHUA S. FRIEDMAN


                              /s/ R. CHRISTIAN B. EVENSEN
                              ------------------------------------
                              R. CHRISTIAN B. EVENSEN


                            EXHIBIT A - PAGE 2 OF 2


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