ASPECT TELECOMMUNICATIONS CORP
POS AM, 1997-11-26
TELEPHONE & TELEGRAPH APPARATUS
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<PAGE>   1

   
   As filed with the Securities and Exchange Commission on November 26, 1997
                                                    Registration No. 333-31381
    

================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

   
                         POST-EFFECTIVE AMENDMENT NO. 2
    
                                       TO
                                    FORM S-3
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                      ASPECT TELECOMMUNICATIONS CORPORATION
             (Exact name of registrant as specified in its charter)

            CALIFORNIA                               94-2974062
     (State of Incorporation)           (I.R.S. Employer Identification No.)

                                 1730 FOX DRIVE
                         SAN JOSE, CALIFORNIA 95131-2312
                                 (408) 325-2200
    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)

                                JAMES R. CARREKER
                      CHAIRMAN AND CHIEF EXECUTIVE OFFICER
                      ASPECT TELECOMMUNICATIONS CORPORATION
                                 1730 FOX DRIVE
                         SAN JOSE, CALIFORNIA 95131-2312
                                 (408) 325-2200
 (Name, address, including zip code, and telephone number, including area code,
                              of agent for service)

                                   COPIES TO:
                                 JON E. GAVENMAN
                                VENTURE LAW GROUP
                           A PROFESSIONAL CORPORATION
                               2800 SAND HILL ROAD
                          MENLO PARK, CALIFORNIA 94025
                                 (650) 854-4488

        If the only securities being registered on this Form are to be offered
pursuant to dividend or interest reinvestment plans, please check the following
box. [ ]

        If any of the securities being registered on this Form are to be offered
on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
of 1933, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box. [ ]

        If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. [ ]

        If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]

        If delivery of the prospectus is expected to be made pursuant to Rule
434, please check the following box. [ ]



<PAGE>   2



        The registrant hereby withdraws from registration under the Securities
Act of 1933, as amended, 317,876 shares of the Common Stock. The Registrant
initially registered an aggregate of 347,876 shares of Common Stock pursuant to
this Registration Statement. This Registration Statement was declared effective
on July 21, 1997, pursuant to which 30,000 shares were issued and sold by
certain shareholders of the Company.


<PAGE>   3



                                   SIGNATURES
   


       Pursuant to the requirements of the Securities Act of 1933, as amended,
Aspect Telecommunications Corporation certifies that it has reasonable grounds
to believe that it meets all of the requirements for filing on Form S-3 and has
duly caused this amendment to the registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of San Jose,
State of California, on November 26, 1997.     

                                        ASPECT TELECOMMUNICATIONS CORPORATION

                                        By:  /s/ ERIC J. KELLER
                                        -------------------------------------
                                        Eric J. Keller
                                        Vice President, Finance and Chief
                                        Financial Officer


       Pursuant to the requirements of the Securities Act of 1933, as amended,
this amendment to the registration statement has been signed by the following
persons in the capacities and on the dates indicated.

   

<TABLE>
<CAPTION>
          Signature                               Title                            Date
          ---------                               -----                            ----
<S>                                <C>                                        <C>

    /s/ James R. Carreker*         Chairman, Chief Executive Officer and      November 26, 1997
- ------------------------------     Director (Principal Executive Officer)
        (James R. Carreker)

    /s/ Eric J. Keller             Vice President, Finance and Chief          November 26, 1997
- ------------------------------     Financial Officer (Principal
        (Eric J. Keller)           Financial and Accounting Officer)

    /s/ Debra J. Engel*            Director                                   November 26, 1997
- ------------------------------
        (Debra J. Engel)

    /s/ Norman A. Fogelsong*       Director                                   November 26, 1997
- ------------------------------
       (Norman A. Fogelsong)

    /s/ James L. Patterson*        Director                                   November 26, 1997
- ------------------------------
        (James L. Patterson)

    /s/ John W. Peth*              Director                                   November 26, 1997
- ------------------------------
        (John W. Peth)

*  By Eric J. Keller, Attorney In Fact pursuant to Power of Attorney on page II-3 of the Registration Statement on 
   Form S-3 filed with the Securities and Exchange Commission on July 16, 1997.
</TABLE>


    



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