<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Momentum Business Applications, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
60877P 10 8
- --------------------------------------------------------------------------------
(CUSIP Number)
Ronald E. F. Codd
4301 Hacienda Drive
Pleasanton, California 94588
(925) 469-6129
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
January 22, 1999
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box [ ] .
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on 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> 2
CUSIP NO. 60877P 10 8
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS David A. Duffield
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS S.S. No. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
00
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
232,539
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY N/A
OWNED BY --------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 232,539
PERSON --------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
N/A
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,539
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------------------------------------------------------------------------------
2
<PAGE> 3
ITEM 1. SECURITY AND ISSUER.
This statement on Schedule 13D relates to the Class A Common
Stock of Momentum Business Applications, Inc., a Delaware
corporation ("Momentum" or "Issuer"). The principal executive
offices of Momentum are located at 4301 Hacienda Drive
Pleasanton, California 94588.
ITEM 2. IDENTITY AND BACKGROUND.
(a) David A. Duffield ("Investor")
(b) c/o PeopleSoft, Inc.
4460 Hacienda Drive
Pleasanton, California 94588
(c) President and Chief Executive Officer
PeopleSoft, Inc.
4460 Hacienda Drive
Pleasanton, California 94588
(d) Not applicable.
(e) Not applicable.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Investor acquired the securities as a result of the
distribution by PeopleSoft, Inc. ("PeopleSoft") to its
stockholders of Momentum's Class A Common Stock. The Investor did
not pay any consideration for the securities.
ITEM 4. PURPOSE OF TRANSACTION.
(a) Because of the potential for conflicts of interest to arise
between PeopleSoft and Momentum as a result of the Investor's
role as the President and Chief Executive Officer of PeopleSoft,
on the one hand, and as the principal stockholder of Momentum, on
the other, the Investor gifted 745,295 shares of Momentum's Class
A Common Stock (the "Shares"), which constitutes 15.9% of the
total shares outstanding, to Cornell University. The gift of the
Shares occurred on January 22, 1999.
(b) - (j) Not applicable.
3
<PAGE> 4
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As a result of the transaction described in Item 4 above, the
Investor is the beneficial owner of 232,539 shares of Momentum's
Class A Common Stock, which constitutes 4.9% of the outstanding
shares of the Class A Common Stock.
(b) As a result of the transaction described in Item 4 above, the
Investor has the sole power to vote or direct the vote of 232,539
shares of Momentum's Class A Common Stock.
(c) Please see Item 4.
(d) Not applicable.
(e) January 22, 1999.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
Not applicable.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Not applicable.
4
<PAGE> 5
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.
Dated: February 26, 1999
/s/ David A. Duffield
--------------------------
David A. Duffield
