NETWORK PERIPHERALS INC
SC 13G/A, 2000-03-14
COMPUTER COMMUNICATIONS EQUIPMENT
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                                  UNITED STATES
                        SECURITIES & EXCHANGE COMMISSION
                              Washington D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 1)*


                            Network Peripherals, Inc.
                                (Name of Issuer)

                          Common Stock, $0.01 par value
                         (Title of Class of Securities)

                                    64121R100
                                 (CUSIP Number)

                                February 29, 2000
              Date of Event Which Requires Filing of this Statement


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 of 13

<PAGE>

CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     Seneca Ventures
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                        New York
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    147,800 shares                                         1.0%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        589,500 shares                                         3.9%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         147,800 shares                                         1.0%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    589,500 shares                                         3.9%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     737,300 shares
- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)
                                                                           |_|
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                                                           4.8%
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     PN
- --------------------------------------------------------------------------------

                                  Page 2 of 13


<PAGE>

CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

     Woodland Venture Fund
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                        New York
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    268,000 shares                                         1.8%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        469,300 shares                                         3.1%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         268,000 shares                                         1.8%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    469,300 shares                                         3.1%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     737,300 shares

- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)

                                                                             |_|
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                                                            4.8%
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     PN
- --------------------------------------------------------------------------------

                                  Page 3 of 13

<PAGE>

CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
          Woodland Partners
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                        New York
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    258,500 shares                                         1.7%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        478,800 shares                                         3.1%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         258,500 shares                                         1.7%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    478,800 shares                                         3.1%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     737, 300 shares
- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)
                                                                             |_|
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                                                                            4.8%

- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     PN
- --------------------------------------------------------------------------------

                                  Page 4 of 13

<PAGE>

CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
          Barry Rubenstein
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                   United States
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    63,000 shares                                          0.4%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        674,300 shares                                         4.4%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         63,000 shares                                          0.4%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    674,300 shares                                         4.4%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          737,300 shares
- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)
                                                                             |_|
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                                                                           4.8%

- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     IN
- --------------------------------------------------------------------------------

                                  Page 5 of 13

<PAGE>

CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
          Marilyn Rubenstein
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                   United States
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    0 shares                                                 0%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        737,300 shares                                         4.8%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         0 shares                                                 0%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    737,300 shares                                         4.8%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     737,300 shares
- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)
                                                                             |_|
- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                                                            4.8%

- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

     IN
- --------------------------------------------------------------------------------

                                  Page 6 of 13

<PAGE>


CUSIP No. 64121R100                   13G

- --------------------------------------------------------------------------------
1    NAMES OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
          Woodland Services Corp.
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                         (a) |_|
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

                                                                        New York
- --------------------------------------------------------------------------------
               5    SOLE VOTING POWER
                    0 shares                                                 0%
  Number of    -----------------------------------------------------------------
   Shares      6    SHARED VOTING POWER
Beneficially        737,300 shares                                         4.8%
  Owned By     -----------------------------------------------------------------
    Each       7    SOLE DISPOSITIVE POWER
  Reporting         0 shares                                                 0%
   Person      -----------------------------------------------------------------
    With       8    SHARED DISPOSITIVE POWER
                    737,300 shares                                         4.8%
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          737,300 shares
- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE  AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
     INSTRUCTIONS)
                                                                             |_|
- --------------------------------------------------------------------------------
11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                                                                            4.8%

- --------------------------------------------------------------------------------
12        TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
          CO

- --------------------------------------------------------------------------------

                                  Page 7 of 13

<PAGE>

Item 1.

     (a)  Network Peripherals, Inc.

     (b)  Address of Issuer's Principal Executive Offices

          1371 McCarthy Blvd.
          Milipitas, CA 95035

          Common Stock, $0.01 per share (CUSIP No. 64121R100)

Item 2.

1.   (a)  Name of Person Filing:    Seneca Ventures
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              Not applicable.
     (d)  Title of Class of Securities:
                                    Common Stock, $0.01 par value per share
     (e)  CUSIP Number:             64121R100

2.   (a)  Name of Person Filing:    Woodland Venture Fund
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              Not applicable.
     (d)  Title of Class of Securities:
                                    Common Stock, $0.01 par value per share
     (e)  CUSIP Number:             64121R100

3.   (a)  Name of Person Filing:    Woodland Partners
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              Not applicable.
     (d)  Title of Class of Securities:
                                    Common Stock, $0.01 par value per share
     (e)  CUSIP Number:             64121R100

                                  Page 8 of 13


<PAGE>

D.   (a)  Name of Person Filing:    Barry Rubenstein
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              United States.
     (d)  Title of Class of Securities:
                                    Common  Stock,  $0.01  par value per share.
     (e)  CUSIP Number:             64121R100

E.   (a)  Name of Person Filing:    Marilyn Rubenstein
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              United States.
     (d)  Title of Class of Securities:
                                    Common Stock, $0.01 par value per share
     (e)  CUSIP Number:             64121R100

F.   (a)  Name of Person Filing:    Woodland Services Corp.
     (b)  Address of Principal Business Office, or, if none, Residence:
                                    68 Wheatley Road
                                    Brookville, New York 11545
     (c)  Citizenship:              Not applicable.
     (d)  Title of Class of Securities:
                                    Common Stock, $0.01 par value per share
     (e)  CUSIP Number:             64121R100

Item 3. If this statement is filed pursuant to ss.240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person is a:

     (a)  |_|  Broker or dealer registered under section 15 of the Act
               (15 U.S.C.78o)

     (b)  |_|  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

     (c)  |_|  Insurance company as defined in section 3(a)(19) of the Act
               (15 U.S.C. 78c).

     (d)  |_|  Investment company as defined in section 3(a)(19) of the Act
               (15 U.S.C. 78c).

     (e)  |_|  An investment adviser in accordance with
               ss.240.13d-1(b)(1)(ii)(E);

     (f)  |_|  An employee benefit plan or endowment fund in accordance with
               ss.240.13d-1(b)(1)(ii)(F);

     (g)  |_|  A parent holding company or control person in accordance with
               ss.240.13d-1(b)(1)(ii)(G);

     (h)  |_|  A savings associations as defined in Section 3(b) of the Federal
               Deposit Insurance Act (12 U.S.C. 1813);


                                  Page 9 of 13

<PAGE>

     (i)               |_| A  church  plan  that is  excluded  from  the
                       definition of an investment company under section
                       3(c)(14)  of the  Investment  Company Act of 1940
                       (15 U.S.C. 80a-3);

     (j)      |_|      Group, in accordance withss.240.13d-1(b)(1)(ii)(J).

Item 4.   Ownership.

A.   Seneca Ventures:
     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) shares.
     (b)  Percent of Class:         4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 147,800(2) shares.
          (ii)  shared power to vote or direct the vote:
                589,500(1,3,4,5) shares.
          (iii) sole power to dispose or direct the disposition of:
                147,800(2) shares.
          (iv)  shared power to dispose or direct the disposition of:
                589,500(1,3,4,5) shares.

B.   Woodland Venture Fund:
     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) shares.
     (b)  Percent of Class:         4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 268,000(3) shares.
          (ii)  shared power to vote or direct the vote:
                469,300(1,2,4,5) shares.

          (iii) sole power to dispose or direct the disposition of:
                268,000(3) shares.

          (iv)  shared power to dispose or direct the disposition of:
                469,300(1,2,4,5) shares.

C.   Woodland Partners:
     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) shares.
     (b)  Percent of Class:         4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 258,500(4) shares.
          (ii)  shared power to vote or direct the vote:
                478,800(1,2,3,5) shares.
          (iii) sole power to dispose or direct the disposition of:
                258,500(4) shares.
          (iv)  shared power to dispose or direct the disposition of:
                478,800(1,2,3,5) shares.

D.   Barry Rubenstein:

     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) shares. Reporting person
          is a general partner of Seneca Ventures, Woodland Venture Fund and
          Woodland Partners, and an officer and director of Woodland Services
          Corp. Mr. Rubenstein is the husband of

- --------
     1    The reporting person disclaims beneficial ownership of these
          securities except to the extent of his/her/its equity interest
          therein.
     2    Includes 147,800 shares of Common Stock owned by Seneca Ventures.
     3    Includes 268,000 shares of Common Stock owned by Woodland Venture
          Fund.
     4    Includes 258,500 shares of Common Stock owned by Woodland Partners.
     5    Includes 63,000 shares of Common Stock held by the Barry Rubenstein
          Rollover IRA.

                                  Page 10 of 13

<PAGE>

          Marilyn Rubenstein.
     (b)  Percent of Class: 4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 63,000(5) shares.
          (ii)  shared power to vote or direct the vote:
                674,300(1,2,3,4) shares.
          (iii) sole power to dispose or direct the disposition of:
                63,000(5) shares.
          (iv)  shared power to dispose or direct the disposition of:
                674,300(1,2,3,4) shares.

E.   Marilyn Rubenstein:
     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) Reporting person is a
          general partner of Woodland Partners, and an officer of Woodland
          Services Corp. Marilyn Rubenstein is the wife of Barry Rubenstein.
     (b)  Percent of Class: 4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 0 shares.
          (ii)  shared power to vote or direct the vote:
                737,300(1,2,3,4,5) shares.
          (iii) sole power to dispose or direct the disposition of: 0 shares.
          (iv)  shared power to dispose or direct the disposition of:
                737,300(1,2,3,4,5) shares.

F.   Woodland Services Corp.:
     (a)  Amount Beneficially Owned: 737,300(1,2,3,4,5) shares. Reporting person
          is a general partner of Seneca Ventures and Woodland Venture Fund.
     (b)  Percent of Class: 4.8%
     (c)  Number of shares as to which such person has:
          (i)   sole power to vote or direct the vote: 0 shares.
          (ii)  shared power to vote or direct the vote:
                737,300(1,2,3,4,5) shares.
          (iii) sole power to dispose or direct the disposition of: 0 shares.
          (iv)  shared power to dispose or direct the disposition of:
                737,300(1,2,3,4,5) shares.

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|

Instruction: Dissolution of a group requires a response to this item.

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.

                                  Page 11 of 13


<PAGE>

Item 8.   Identification and Classification of Members of the Group.

Item 9.   Notice of Dissolution of Group.

          Not Applicable.

Item 10.  Certification.

          (b)

                The following certification shall be included if the statement
                is filed pursuant to ss.240.13d-1(c):

                By signing below each party certifies that, to the best of
                his/her/its 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.

                                  Page 12 of 13

<PAGE>

                                    SIGNATURE

     After reasonable inquiry and to the best of their knowledge and belief,
each of the undersigned hereby certifies that the information set forth in this
statement is true, complete and correct.

Date: March 13, 2000

                                         WOODLAND PARTNERS


                                         By: /s/ Barry Rubenstein
                                             -----------------------------------
                                             Barry Rubenstein, a General Partner


                                         SENECA VENTURES


                                         By: /s/ Barry Rubenstein
                                             -----------------------------------
                                             Barry Rubenstein, a General Partner

                                         WOODLAND VENTURE FUND


                                         By: /s/ Barry Rubenstein
                                             -----------------------------------
                                             Barry Rubenstein, a General Partner


                                         WOODLAND SERVICES CORP.


                                         By: /s/ Barry Rubenstein
                                             -----------------------------------
                                             Barry Rubenstein, President


                                             /s/ Barry Rubenstein
                                             -----------------------------------
                                             Barry Rubenstein


                                             /s/ Marilyn Rubenstein
                                             -----------------------------------
                                             Marilyn Rubenstein


Attention: Intentional misstatements or omissions of fact constitute Federal
           criminal violations (See 18 U.S.C. 1001)


                                  Page 13 of 13




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