NEOPATH INC
SC 13G/A, 1997-02-14
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
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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   1   )


                                    NeoPath, Inc.
- --------------------------------------------------------------------------------
                                   (Name of Issuer)



                                     Common Stock
- --------------------------------------------------------------------------------
                            (Title of Class of Securities)



                                     640517 10 8
- --------------------------------------------------------------------------------
                                    (CUSIP Number)


Check the following box if a fee is being paid with this statement /  / .  (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1: and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.) 
(See Rule 13d-7).

*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 9 Pages

<PAGE>

CUSIP No. 640517 10 8                13G                 Page  2  of  9  Pages
          -----------                                         ---    --- 

- -------------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               Cable & Howse Investment Partners            91-1227696
- -------------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER     (a)  /x/
     OF A GROUP*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC USE ONLY

- -------------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
              State of Washington
- -------------------------------------------------------------------------------
NUMBER OF SHARES              (5) SOLE VOTING POWER
 BENEFICIALLY                          
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                           0
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                    
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                       0
- -------------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         0
- -------------------------------------------------------------------------------
(10) CHECK BOX IF A THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    /x/ (Shares held of record by other individual General Partners excluded.)
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         0%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
         PN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 2 of 9 pages
<PAGE>

CUSIP No. 640517 10 8                13G                 Page  3  of  9  Pages
          -----------                                         ---    --- 

- -------------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               CH Partners IV            91-1293724
- -------------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER     (a)  /x/
     OF A GROUP*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC USE ONLY

- -------------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
              State of Washington
- -------------------------------------------------------------------------------
NUMBER OF SHARES              (5) SOLE VOTING POWER
 BENEFICIALLY                      
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                           16,458
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                    
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                       16,458
- -------------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         16,458
- -------------------------------------------------------------------------------
(10) CHECK BOX IF A THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    /x/ (Shares held of record by other individual General Partners excluded.)
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         .12%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
         PN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 3 of 9 pages
<PAGE>

CUSIP No. 640517 10 8                13G                 Page  4  of  9  Pages
          -----------                                         ---    --- 

- -------------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               Thomas J. Cable            ###-##-####
- -------------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER     (a)  /x/
     OF A GROUP*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC USE ONLY

- -------------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
              USA
- -------------------------------------------------------------------------------
NUMBER OF SHARES              (5) SOLE VOTING POWER
 BENEFICIALLY                          39,255
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                           16,458
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                       39,255
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                       16,458
- -------------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         55,713
- -------------------------------------------------------------------------------
(10) CHECK BOX IF A THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    /x/ (Shares held of record by other individual General Partners excluded.)
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         .41%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
         IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 4 of 9 pages
<PAGE>

CUSIP No. 640517 10 8                13G                 Page  5  of  9  Pages
          -----------                                         ---    --- 

- -------------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               Elwood D. Howse, Jr.           ###-##-####
- -------------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER     (a)  /x/
     OF A GROUP*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC USE ONLY

- -------------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
              USA
- -------------------------------------------------------------------------------
NUMBER OF SHARES              (5) SOLE VOTING POWER
 BENEFICIALLY                          33,065
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                           16,458
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                       33,065
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                       16,458
- -------------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         49,523
- -------------------------------------------------------------------------------
(10) CHECK BOX IF A THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    /x/ (Shares held of record by other individual General Partners excluded.)
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         .36%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
         IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 5 of 9 pages
<PAGE>

CUSIP No. 640517 10 8                13G                 Page  6  of  9  Pages
          -----------                                         ---    --- 

- -------------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

               Wayne C. Wager           ###-##-####
- -------------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER     (a)  /x/
     OF A GROUP*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC USE ONLY

- -------------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
              USA
- -------------------------------------------------------------------------------
NUMBER OF SHARES              (5) SOLE VOTING POWER
 BENEFICIALLY                          36,664
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                           16,458
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                       36,664
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                       16,458
- -------------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         53,122
- -------------------------------------------------------------------------------
(10) CHECK BOX IF A THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    /x/ (Shares held of record by other individual General Partners excluded.)
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         .39%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
         IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 6 of 9 pages
<PAGE>

CUSIP No. 640517 10 8                13G                 Page  7  of  9  Pages
          -----------                                         ---    --- 

ITEM 4   OWNERSHIP

ITEM 4(a) IS AMENDED AS FOLLOWS:
         AMOUNT BENEFICIALLY OWNED:  As of December 31, 1996, Cable & Howse
         Investment Partners no longer owned any shares of common stock of the
         Issuer.  As of December 31, 1996 CH Partners IV owned 16,458 shares of
         common stock of the Issuer.  As of December 31, 1996, Thomas J. Cable
         owned 39,255 shares of common stock of the Issuer.  As of December 31,
         1996, Elwood D. Howse, Jr., owned 33,065 shares of common stock of the
         Issuer.  As of December 31, 1996, Wayne C. Wager owned 36,664 shares
         of common stock of the Issuer.

ITEM 4(c) IS AMENDED AS FOLLOWS:
         VOTING AND DISPOSITION:  Thomas J. Cable has the sole power to vote
         and to dispose of the 39,255 shares of common stock that are owned by
         him.  Elwood D. Howse, Jr., has the sole power to vote and to dispose
         of the 33,065 shares of common stock that are owned by him.  Wayne C.
         Wager has the sole power to vote and to dispose of the 36,664 shares
         of common stock that are owned by him.  Thomas J. Cable, Elwood D.
         Howse, Jr., and Wayne C. Wager, as General Partners of CH Partners IV,
         share the power to vote and to dispose of the 16,458 shares of common
         stock that are owned by CH Partners IV.

ITEM 5 IS AMENDED AS FOLLOWS:
         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(s) has/have ceased to be the beneficial owner of more
         than five percent of the class of securities, check the following /x/

ITEM 8 IS AMENDED AS FOLLOWS:
         IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:  A Joint
         Filing Agreement between the Reporting Persons is attached hereto as
         Exhibit A.


                                  Page 7 of 9 Pages

<PAGE>

CUSIP No. 640517 10 8                13G                 Page  8  of  9  Pages
          -----------                                         ---    --- 


                                       ITEM 10.

    By signing below I certify that to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired of the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.

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:  February 9, 1997
      ----------------




- ----------------------------------------
THOMAS J. CABLE, GENERAL PARTNER




- ----------------------------------------
ELWOOD D. HOWSE, JR., GENERAL PARTNER




- ----------------------------------------
WAYNE C. WAGER, GENERAL PARTNER


                                  Page 8 of 9 Pages

<PAGE>

CUSIP No. 640517 10 8               EXHIBIT A            Page  9  of  9  Pages
          -----------                                         ---    --- 


                                     




                                JOINT FILING AGREEMENT

In accordance with rule 13d-1(f) promulgated under the Securities Exchange Act
of 1934, as amended, the persons named below agree to the joint filing on behalf
of all of them of a Statement on Schedule 13G, including amendments thereto,
with respect to the Common Stock of NEOPATH, INC., and further agree that this
Joint Filing Agreement may be included as an exhibit to such joint filing.  Each
party to this Joint Filing Agreement expressly authorizes any other party to
file on its behalf any and all amendments to such Statement on Schedule 13G.

In Witness Whereof, the undersigned, being duly authorized, hereby execute this
Agreement this 9TH DAY OF FEBRUARY, 1997.


CABLE & HOWSE INVESTMENT PARTNERS AND CH PARTNERS IV




- ----------------------------------------
BY ELWOOD D. HOWSE, JR., GENERAL PARTNER




- ----------------------------------------
ELWOOD D. HOWSE, JR.




- ----------------------------------------
THOMAS J. CABLE




- ----------------------------------------
WAYNE C. WAGER


                                  Page 9 of 9 pages


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