United States
Securities and Exchange Commission
WASHINGTON, D.C. 20549
Schedule 13G
(Amendment No._1)*
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MATHSOFT, INC.
-------------------------------
(Name of Issuer)
Common Stock
-------------------------------
(Title of Class of Securities)
576798 10 2
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(CUSIP Number)
December 31, 1998
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* 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 8 pages
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 576798 10 2 Page 2 of 8 Pages
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Ainsley Partners, L.P.
- -------------------------------------------------------------------------------------------------------------------
(2) Check The Appropriate Box If A Member Of A Group (a)
(b) X
- -------------------------------------------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
California
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Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting (6) Shared Voting Power -0-
Person With
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power -0-
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
-0-
- -------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
0.00%
- -------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
PN
- -------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
Page 2 of 8 pages
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 576798 10 2 Page 3 of 8 Pages
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Ainsley Capital Management, LLC
- -------------------------------------------------------------------------------------------------------------------
(2) Check The Appropriate Box If A Member Of A Group (a)
(b) X
- -------------------------------------------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------------------------------------------
Number Of Shares (5) Sole Voting Power 80,000
Beneficially Owned
By Each Reporting (6) Shared Voting Power -0-
Person With
(7) Sole Dispositive Power 80,000
(8) Shared Dispositive Power -0-
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
80,000
- -------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
0.86%
- -------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
CO, IA
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 8 pages
<PAGE>
<TABLE>
<CAPTION>
CUSIP No. 576798 10 2 Page 4 of 8 Pages
<S> <C> <C>
- -------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alan A. Hicks
- -------------------------------------------------------------------------------------------------------------------
(2) Check The Appropriate Box If A Member Of A Group (a)
(b) X
- -------------------------------------------------------------------------------------------------------------------
(3) SEC Use Only
- -------------------------------------------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------------------------------------------
Number Of Shares (5) Sole Voting Power 1,000
Beneficially Owned
By Each Reporting (6) Shared Voting Power 80,000
Person With
(7) Sole Dispositive Power 1,000
(8) Shared Dispositive Power 80,000
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
81,000
- -------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
- -------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
0.87%
- -------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
- -------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
Page 4 of 8 pages
<PAGE>
Item 1.
(a) Name of Issuer: MathSoft, Inc. ("Issuer")
(b) Address of Issuer's Principal Executive Offices:
101 Main Street
Cambridge, MA 02142-1017
Item 2.
(a) Name of Person Filing:
Ainsley Partners, L.P. ("AP")
Ainsley Capital Management, LLC ("ACM")
Alan A. Hicks ("AAH")
(b) Address of Principal Business Office:
43 Harrison Avenue
Campbell, CA 95008-2019
(c) Citizenship/Place of Organization:
Entities: AP - California
ACM - California
Individuals: AAH - United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 576798 10 2
Item 3. Not applicable.
<TABLE>
Item 4 Ownership.
<CAPTION>
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
AP ACM AAH
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
<S> <C> <C> <C>
(a) Beneficial Ownership -0- 80,000 81,000
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
(b) Percentage of Class 0.00% 0.86% 0.87%
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
(c) Sole Voting Power -0- 80,000 1,000
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
Shared Voting Power -0- -0- 80,000
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
Sole Dispositive Power -0- 80,000 1,000
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
Shared Dispositive Power -0- -0- 80,000
- -------- ---------------------------------- -------------------------- ------------------------- -------------------------
</TABLE>
Page 5 of 8 pages
<PAGE>
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 |X|
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
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
No reporting person is a member of a group as defined in Section
240.13d-1(b)(1)(ii)(H) of the Act.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below we certify that, to the best of our knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
EXHIBITS
A: Joint Filing Statement
Page 6 of 8 pages
<PAGE>
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 8, 1999
AINSLEY PARTNERS, L.P. AINSLEY CAPITAL MANAGEMENT, LLC
By: Ainsley Capital Management, LLC
its general partner
By: /s/ Alan A. Hicks By: /s/ Alan A. Hicks
-------------------------------------- ----------------------------
Managing Member Managing Member
/s/ Alan A. Hicks
- -----------------------------------------
Alan A. Hicks
Page 7 of 8 pages
<PAGE>
EXHIBIT A
AGREEMENT OF JOINT FILING
We, the undersigned, hereby express our agreement that the attached
Schedule 13G is filed on behalf of us.
Date: February 8, 1999
AINSLEY PARTNERS, L.P. AINSLEY CAPITAL MANAGEMENT, LLC
By: Ainsley Capital Management, LLC
its general partner
By: /s/ Alan A. Hicks By: /s/ Alan A. Hicks
-------------------------------------- ----------------------------
Managing Member Managing Member
/s/ Alan A. Hicks
- -----------------------------------------
Alan A. Hicks
Page 8 of 8 pages
