NORO MOSELEY PARTNERS II LP
SC 13G/A, 2000-01-07
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                                  United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 2)


                                  SpectRx, Inc
- -------------------------------------------------------------------------------
                                 Name of Issuer

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

                                   847635 10 9
- -------------------------------------------------------------------------------
                                 (CUSIP Number)





<PAGE>   2


CUSIP No.:   847635 10 9              13G                     Page 2 of 4 Pages


1.       Name of Reporting Person:                Noro-Moseley Partners II, L.P.
         S.S. or I.R.S. Identification No.:                 58-2127221

2.       Check the Appropriate Box if a Member of a Group:       Not applicable

3.       SEC Use Only

4.       Citizenship or Place of Organization:                Georgia

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.       Sole Voting Power:                                   903,456

6.       Shared Voting Power                                      0

7.       Sole Dispositive Power                               903,456

8.       Shared Dispositive Power:                                0

9.       Aggregate Amount Beneficially Owned by each Reporting Person: 903,456

10.      Check Box if the Aggregate Amount in Row (9) Excludes Certain
         Shares:                                                             No

11.      Percent of Class Represented by Amount in Row 9:              11.2%

12.      Type of Reporting Person:          PN


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                                  Schedule 13G

                                                     Item 1(a)
Name of Issuer:                     SpectRx, Inc.

                                                     Item 1(b)
Address of Issuer's Principal Executive Offices:
                           6025-A Unity Drive
                           Norcross, GA 30071

                                                     Item 2(a)
Name of Person Filing:     Noro-Moseley Partners II L.P.

                                                     Item 2(b)
Address of Principal Business Office or, if none, Residence:
                           9 North Parkway Square, 4200 Northside Parkway, N. W.
                           Atlanta, Georgia 30327

                                                     Item 2(c)
Citizenship:               Georgia

                                                     Item 2(d)
Title of Class of Securities:       Common Stock

                                                     Item 2(e)
CUSIP Number:              847635 10 9

                                                     Item 3
This statement is not being filed pursuant to Rules 13d-1(b), or 13d-2(b).

                                                     Item 4
Ownership:

(a)      Amount Beneficially Owned:      903,456

(b)      Percent of Class:                11.2%

(c)      Number of shares as to which such person has:

             (i)    Sole power to vote or to direct the vote:   903,456

             (ii)   Shared power to vote or to direct the vote:       0

             (iii)  Sole power to dispose or to direct the
                    disposition of:                             903,456

             (iv)   Shared power to dispose or to direct the
                    disposition of:                                   0



                                   Page 3 of 4


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                                                     Item 5

Ownership of Five Percent or Less of a Class:                 N/A

                                                     Item 6
Ownership of More than Five Percent on Behalf of Another Person:        N/A

                                                     Item 7
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company:                    N/A

                                                     Item 8
Identification and Classification of Members of the Group:             N/A

                                                     Item 9
Notice of Dissolution of Group:     N/A

                                                     Item 10
Certification:             N/A

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.

      1/6/00
- -------------------
Date

NORO-MOSELEY PARTNERS II L.P.

By:   Moseley & Company II
         General Partner

/s/ Jack R. Kelly, Jr.
- ----------------------------------
Jack R. Kelly, Jr.
General Partner

                                   Page 4 of 4



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