UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
AVANT! CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
053487104
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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
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).
(Continued on following page(s))
Page 1 of 5 Pages
<PAGE>
CUSIP No. 053487104
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Van Wagoner Capital Management, Inc. - 94-3235240
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 5 SOLE VOTING POWER
-0-
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
-0-
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
75,000
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER
-0-
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) |_|
Not Applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.24%*
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
* Based upon an aggregate of 31,679,890 shares outstanding at October 30, 1998.
Page 2 of 5 Pages
<PAGE>
CUSIP No. 053487104
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Van Wagoner Funds, Inc. - 39-1836332, 94-3256424, 94-3286386
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
Maryland
5 SOLE VOTING POWER
NUMBER OF 70,000
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
-0-
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
-0-
REPORTING
PERSON 8 SHARED DISPOSITIVE POWER
-0-
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
70,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) |_|
Not Applicable
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.22%*
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IV
* Based upon an aggregate of 31,679,890 shares outstanding at October 30, 1998.
Page 3 of 5 Pages
<PAGE>
CUSIP No. 053487104
This Amendment No. 2 to the undersigned's Schedule 13G, which was
originally filed on February 12, 1997 (the "Schedule 13G") with regard to Avant!
Corporation (the "Issuer") is being filed to amend Items 2(a), 4 and 5 of the
Schedule 13G. Except as expressly stated herein, there have been no material
changes in the information set forth in the Schedule 13G.
Item 2(a). Name of Person Filing:
The persons filing this Schedule 13G are (i) Van Wagoner Capital
Management, Inc., an investment adviser registered under Section 203
of the Investment Advisers Act of 1940 and (ii) Van Wagoner Funds,
Inc., an investment company registered under the Investment Company
Act of 1940. Van Wagoner Funds, Inc. has three portfolios holding
shares of the Issuer, each with a separate I.R.S. identification
number, Van Wagoner Emerging Growth Fund, Van Wagoner Post-Venture
Fund and Van Wagoner Technology Fund. Van Wagoner Capital Management,
Inc. is the investment adviser to Van Wagoner Funds, Inc.
Item 4. Ownership
Van Wagoner Capital Management, Inc.
(a) Amount Beneficially Owned: 75,000*
(b) Percent of Class: 0.24%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: -0-
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition
of: 75,000
(iv) shared power to dispose or to direct the disposition
of: -0-
Van Wagoner Funds, Inc.
(a) Amount Beneficially Owned: 70,000*
(b) Percent of Class: 0.22%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 70,000
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition
of: -0-
- --------
* Van Wagoner Capital management, inc. and Van Wagoner Funds, Inc. share
beneficial ownership over the same 70,000 shares.
Page 4 of 5 Pages
<PAGE>
CUSIP No. 053487104
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 persons have ceased to be the beneficial owners of more
than five percent of the class of securities, check the following |X|.
Item 10. Certification.
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.
February 8, 1999
Date
VAN WAGONER CAPITAL MANAGEMENT, INC.
By: /s/ Garrett R. Van Wagoner
Garrett R. Van Wagoner, President
VAN WAGONER FUNDS, INC.
By: /s/ Garrett R. Van Wagoner
Garrett R. Van Wagoner, President
Page 5 of 5 Pages
