ONHEALTH NETWORK CO
SC 13G/A, 1999-05-11
PREPACKAGED SOFTWARE
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*







                            Onhealth Network Company
- --------------------------------------------------------------------------------
                                (Name of Issuer)



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



                                    450707104
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

      |_|       Rule 13d-1(b)
      
      |x|       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

<PAGE>


CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                  Tudor Investment Corporation
             -------------------------------------------------------------------
                  22-2514825
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization           Delaware
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             CO
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 2

<PAGE>

CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                  Paul Tudor Jones, II
             -------------------------------------------------------------------
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization           USA
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             IN
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 3
<PAGE>

CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                 Tudor BVI Futures, Ltd.
             -------------------------------------------------------------------
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization       British Virgin Islands
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             CO
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 4


<PAGE>

CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                 Tudor Proprietary Trading, L.L.C.
             -------------------------------------------------------------------
                 13-3720063
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization       Delaware
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             OO
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 5

<PAGE>

CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                 The Raptor Global Fund L.P.
             -------------------------------------------------------------------
                 13-3735415
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization       Delaware
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             PN
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 6

<PAGE>

CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                 The Raptor Global Fund Ltd.
             -------------------------------------------------------------------
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization       Cayman Islands
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             CO
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 7
<PAGE>


CUSIP No.         450707104
                  ---------
- --------------------------------------------------------------------------------

     1)      Names of Reporting Person

             S.S. or I.R.S. Identification No. of Above Person

                 The Upper Mill Capital Appreciation Fund Ltd.
             -------------------------------------------------------------------
             -------------------------------------------------------------------
- --------------------------------------------------------------------------------
     2)      Check the Appropriate Box if a Member of a Group (See Instructions)
             (a)
                  --------------------------------------------------------------

             (b)         X
                  --------------------------------------------------------------
- --------------------------------------------------------------------------------
     3)      SEC Use Only
                          ------------------------------------------------------
- --------------------------------------------------------------------------------
     4)      Citizenship or Place of Organization       Cayman Islands
                                                       -------------------------
- --------------------------------------------------------------------------------
Number of Shares           (5)  Sole Voting Power               0
Beneficially                                      ------------------------------
Owned by Each              -----------------------------------------------------
Reporting Person           (6)  Shared Voting Power             0
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 (9) Excludes Certain Shares
             (See Instructions)
                                ------------------------------------------------
- --------------------------------------------------------------------------------
    11)      Percent of Class Represented by Amount in Row 9         0%
                                                               -----------------
- --------------------------------------------------------------------------------
    12)      Type of Reporting Person (See Instructions)             CO
                                                            --------------------
- --------------------------------------------------------------------------------

                                     Page 8
<PAGE>

Item 1(a).     Name of Issuer:

               Onhealth Network Company

Item 1(b).     Address of Issuer's Principal Executive Offices:

               808 Howell Street, Suite 400
               Seattle, WA 98101

Item 2(a).     Name of Person Filing:

               Tudor Investment Corporation ("TIC")
               Paul Tudor Jones, II
               Tudor BVI Futures, Ltd. ("Tudor BVI")
               Tudor Proprietary Trading, L.L.C. ("TPT")
               The Raptor Global Fund L.P. ("Raptor L.P.")
               The Raptor Global Fund Ltd. ("Raptor Ltd.")
               The Upper Mill Capital Appreciation Fund Ltd. ("Upper Mill")

Item 2(b).     Address of Principal Business Office or, if none, Residence:

               The principal business office of each of TIC, TPT, and Raptor 
               L.P. is:

                           600 Steamboat Road
                           Greenwich, CT 06830

               The principal business office of Mr. Jones is:

                           c/o Tudor Investment Corporation
                           600 Steamboat Road
                           Greenwich, CT 06830

               The principal business office of each of Tudor BVI, Raptor Ltd. 
               and Upper Mill is:

                           c/o CITCO
                           Kaya Flamboyan 9
                           Curacao, Netherland Antilles

Item 2(c).     Citizenship:

               TIC is a Delaware corporation
               Tudor BVI is a company organized under the laws of the British
               Virgin Islands 
               Mr. Jones is a citizen of the United States 
               Raptor L.P. is a Delaware limited partnership 
               TPT is a Delaware limited liability company 
               Raptor Ltd. and Upper Mill are companies organized under the laws
               of the Cayman Islands

Item 2(d).     Title of Class of Securities:

               Common Stock

Item 2(e).     CUSIP Number:

               450707104

                                     Page 9
<PAGE>



Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:

         (a) [ ] Broker or Dealer registered under section 15 of the Act

         (b) [ ] Bank as defined in section 3(a)(6) of the Act

         (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act

         (d) [ ] Investment Company registered under section 8 of the Investment
                 Company Act

         (e) [ ] Investment Adviser registered under section 203 of the
                 Investment Advisers Act of 1940

         (f) [ ] Employment Benefit Plan, Pension Fund which is subject to the
                 provisions of the Employee Retirement Income Security Act of
                 1974 or Endowment fund; see section 240.13d-1(b)(1)(ii)(F)

         (g) [ ] Parent Holding Company, in accordance with section
                 240.13d-1(b)(1)(ii)(G) (Note: See Item 7)

         (h) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(H)

Item 4.  Ownership (As of May 10, 1999).

         (a) Amount Beneficially Owned:  See Item 9 of cover pages

         (b) Percent of Class: See Item 11 of cover pages

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

               (i)   sole power to vote or to direct the vote   
                     See Item 5 of cover pages
                     ----------------------------------------
               (ii)  shared power to vote or to direct the vote
                     See Item 6 of cover pages
                     ----------------------------------------
               (iii) sole power to dispose or to direct the disposition of 
                     See Item 7 of cover pages
                     ----------------------------------------
               (iv)  shared power to dispose or to direct the disposition of
                     See Item 8 of cover pages
                     ----------------------------------------

Item 5.  Ownership of Five Percent or Less of a Class.

               If this statement is being filed to report 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.

               See cover pages

Item 9.  Notice of Dissolution of Group.

               Not applicable

                                    Page 10
<PAGE>



Item 10.  Certification.

               By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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.

               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.


                                 Dated: May 11, 1999

                                 TUDOR INVESTMENT CORPORATION


                                 By:       /s/ Andrew S. Paul
                                     -------------------------------------------
                                     Andrew S. Paul
                                     Managing Director and General Counsel


                                     /s/ Paul Tudor Jones, II
                                 -----------------------------------------------
                                     Paul Tudor Jones, II


                                 TUDOR BVI FUTURES, LTD.

                                 By: Tudor Investment Corporation,
                                     Trading Advisor


                                     By:      /s/ Andrew S. Paul
                                         ---------------------------------------
                                         Andrew S. Paul
                                         Managing Director and General Counsel

                                    Page 11

<PAGE>



                                 TUDOR PROPRIETARY TRADING, L.L.C.


                                 By:       /s/ Andrew S. Paul
                                     -------------------------------------------
                                     Andrew S. Paul
                                     Managing Director and General Counsel


                                 THE RAPTOR GLOBAL FUND L.P.

                                 By: Tudor Investment Corporation,
                                     General Partner


                                     By:      /s/ Andrew S. Paul
                                         ---------------------------------------
                                         Andrew S. Paul
                                         Managing Director and General Counsel


                                 THE RAPTOR GLOBAL FUND LTD.

                                 By: Tudor Investment Corporation,
                                     Investment Advisor


                                     By:      /s/ Andrew S. Paul
                                         ---------------------------------------
                                         Andrew S. Paul
                                         Managing Director and General Counsel


                                 THE UPPER MILL CAPITAL APPRECIATION FUND LTD.

                                 By: Tudor Investment Corporation,
                                     Sub-Investment Manager


                                     By:          /s/ Andrew S. Paul
                                         ---------------------------------------
                                         Andrew S. Paul
                                         Managing Director and General Counsel




                                    Page 12


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