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<TITLE>s-8</TITLE>
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<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="right"><b>As filed with the Securities and Exchange
Commission on October&nbsp;25,
  2000<br>
  Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  </b>
<HR size="4" noshade>
<HR size="1">
<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
  Washington, D.C. 20549</FONT> <br>
  <br>

<P>
<HR noshade width="100" align="center" size="1">
<br>
<div align="center"><FONT size="4"><B>FORM S-8<BR>
  REGISTRATION STATEMENT<BR>
  UNDER<BR>
  THE SECURITIES ACT OF 1933</B></FONT><br>
  <br>
</div>
<P>
<HR noshade width="100" align="center" size="1">
<br>
<div align="center"><FONT size="4"><B>MP3.com, Inc.</B><BR>
  (Exact name of Registrant as specified in its charter)</FONT> <br>
  <br>
</div>
<hr noshade width="100" align="center" size="1">
<br>
<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="85%" align="center">
    <TR valign="bottom">
      <TD width="51%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="44%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD align="center" valign="top"><font size="3">Delaware<BR>
        (State or other jurisdiction<BR>
        of incorporation or organization)</font></TD>
      <TD><font size="3"></font></TD>
      <TD  align="center" valign="top"><font size="3"> 33-0840026<BR>
        (I.R.S. Employer<BR>
        Identification Number)</font></TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center">4790 Eastgate Mall<BR>
  San Diego, California 92121<BR>
  (858)&nbsp;623-7000<BR>
  (Address, including zip code, and telephone number, including area code, of
  Registrant&#146;s principal executive offices)<br>
  <br>
<hr noshade width="100" align="center" size="1">
<P align="center"><FONT size="4"><B>1998 Equity Incentive Plan<BR>
  2000 Equity Incentive Plan<br>
  </B></FONT>(Full title of the plans) <br>
  <br>
<hr noshade width="100" align="center" size="1">
<br>
<div align="center">Michael L. Robertson<BR>
  Chief Executive Officer and Chairman of the Board<BR>
  MP3.com, Inc.<BR>
  4790 Eastgate Mall<BR>
  San Diego, California 92121<BR>
  (858)&nbsp;623-7000<BR>
  (Name, address, including zip code, and telephone number, including area code,
  of agent for service) </div>
<P>
<HR noshade width="100" align="center" size="1">
<P>


<P align="center">Copies to:

<P align="center">Frederick T. Muto, Esq.<BR>
  Christopher J. Kearns, Esq.<BR>
  COOLEY GODWARD LLP<BR>
  4365 Executive Drive, Suite&nbsp;1100<BR>
  San Diego, CA 92121<BR>
  (858)&nbsp;550-6000
<P>
<HR noshade width="100" align="center" size="1">
<P>
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<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<CENTER>
</CENTER>
<P align="center"><B>CALCULATION OF REGISTRATION FEE</B>

<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="95%" align="center">
    <TR valign="bottom">
      <TD width="34%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="7%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="8%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="7%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="8%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD></TD>
      <TD></TD>
      <TD></TD>
      <TD></TD>
      <TD></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Proposed Maximum</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Proposed Maximum</B></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center"><FONT size="2"><B>Title of Securities</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Amount to</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Aggregate</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Amount of</B></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center"><FONT size="2"><B>to be Registered</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>be Registered</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Per Share (1)</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price (1)</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center" colspan="3"><FONT size="2"><B>Registration Fee</B></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD colspan="3">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD colspan="3">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD colspan="3">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD colspan="3">
        <HR size="1">
      </TD>
    </TR>
    <TR valign="bottom">
      <TD><FONT size="2">Common Stock, $.001 par value</FONT></TD>
      <TD></TD>
      <TD colspan="3">
        <div align="center"><FONT size="2">10,600,000</FONT></div>
      </TD>
      <TD></TD>
      <TD align="right" colspan="3">
        <div align="center"><FONT size="2">$3.4375 - $19.1875</FONT></div>
      </TD>
      <TD></TD>
      <TD align="right" colspan="3">

<div align="center"><FONT size="2">$</FONT><FONT size="2">61,221,566.01</FONT></div>
      </TD>
      <TD></TD>
      <TD align="right" colspan="3">

<div align="center"><FONT size="2">$</FONT><FONT size="2">16,162.49</FONT></div>
      </TD>
    </TR>
  </TABLE>
</CENTER>
<P>

<HR size="2" width="10%" align="left" noshade>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" align="left">(1)</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%">Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule&nbsp;457. The price per share and aggregate
offering price are based upon (a)&nbsp;the actual exercise price for shares
subject to outstanding stock options previously granted under the
Registrant&#146;s 2000 Equity Incentive Plan and (b)&nbsp;the average of the high
and low prices of the Registrant&#146;s Common Stock on October&nbsp;16, 2000 as
reported on the Nasdaq National Market, for shares issuable under the
Registrant&#146;s 1998 Equity Incentive Plan and the Registrant&#146;s 2000 Equity
Incentive Plan. The following chart shows the calculation of the
registration fee.</TD>
</TR>
</TABLE>
<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%" align="center">
    <TR valign="bottom">
        <TD width="71%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Number of</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Aggregate</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>Type of Shares</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Shares</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Per Share</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
</TR>

<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">4,500</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">5.00</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">22,500.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">20,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">5.65625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">113,125.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">772,471</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">7.00</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">5,407,297.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">84,450</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">10.25</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">865,612.50</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">16,500</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">10.375</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">171,187.50</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">34,200</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">10.5625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">361,237.50</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">24,100</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">11.00</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">265,100.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">93,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">11.5625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">1,075,312.50</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">7,500</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">13.50</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">101,250.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">15,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">2.625000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">39,375.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">1,575</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">3.875000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">6,103.13</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">5,975</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">3.937500</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">23,526.56</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">47,250</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">5.65625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">267,257.81</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">1,500</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">8.125</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">12,187.50</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">6,925</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">8.25</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">57,131.25</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">18,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">8.50</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">153,000.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">66,125</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">8.9275</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">590,330.94</FONT></TD>
        <TD></TD>
</TR>
</TABLE>
</CENTER>
<P align="center">
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>

<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%" align="center">
    <TR valign="bottom">
        <TD width="71%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Number of</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Aggregate</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>Type of Shares</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Shares</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Per Share</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Offering Price</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">20,950</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">9.875</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">206,881.25</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">23,650</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">11.6875</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">276,409.38</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">43,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">12.125</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">521,375.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">102,000</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">13.50</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">1,377,000.00</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">1,653,822</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">13.5625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">22,429,960.88</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">58,625</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">14.1875</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">831,742.19</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">900</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">17.1875</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">15,468.75</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">20,675</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">19.1875</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">396,701.56</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable under the 1998 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">7,414,028</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">3.4375</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">25,485,721.25</FONT></TD>
        <TD></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2">Common Stock issuable under the 2000 Equity Incentive Plan</FONT></TD>
        <TD></TD>
        <TD></TD>
          <TD align="right" valign="top"><FONT size="2">43,279</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">3.4375</FONT></TD>
          <TD valign="top"></TD>
          <TD valign="top"></TD>
          <TD align="right" valign="top"><FONT size="2">$</FONT></TD>
          <TD align="right" valign="top"><FONT size="2">148,771.56</FONT></TD>
        <TD></TD>
</TR>
</TABLE>
</CENTER>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<P>
<!-- TOC -->
<A name="toc"><DIV align="CENTER"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;3. Incorporation of Documents by Reference.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;4. Description of Securities.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5. Interests of Named Experts and Counsel.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6. Indemnification of Directors and Officers.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;7. Exemption from Registration Claimed.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;8. Exhibits.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;9. Undertakings.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">SIGNATURES</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#009">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="a66537ex5-1.txt">Exhibit 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="a66537ex23-1.txt">Exhibit 23.1</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>

<!-- link1 "PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="000"></A></DIV>
<DIV align="left"><A name="000"></DIV>
<P align="center"><B>PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>

<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference." -->
<DIV align="left"><A NAME="001"></A></DIV>
<DIV align="left"><A name="001"></DIV>
<P align="left"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>

<P>The following documents filed by MP3.com, Inc. (the &#147;Registrant&#148;) with the
Securities and Exchange Commission (the &#147;Commission&#148;) are incorporated herein
by reference:

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="3%">&nbsp;</TD>
        <TD width="1%" align="left">(a)</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="93%">The Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
December&nbsp;31, 1999;</TD>
</TR>

<TR>
        <TD>&nbsp;</TD>
</TR>
<TR valign="top">
        <TD width="3%">&nbsp;</TD>
        <TD width="1%" align="left">(b)</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="93%">All other reports filed by the Registrant pursuant to Section&nbsp;13(d) or
15(d) of the Securities Exchange Act of 1934, as amended (the &#147;Exchange
Act&#148;), since the end of the Registrant&#146;s fiscal year ended December&nbsp;31,
1999; and</TD>
</TR>
<TR>
        <TD>&nbsp;</TD>
</TR>
<TR valign="top">
        <TD width="3%">&nbsp;</TD>
        <TD width="1%" align="left">(c)</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="93%">The description of the Registrant&#146;s Common Stock which is contained in
the Registrant&#146;s Form&nbsp;S-1 Registration Statement (No.&nbsp;333-78545) filed
with the Commission on May&nbsp;14, 1999, as amended.</TD>
</TR>
</TABLE>
<P>All documents filed by the Registrant with the Commission pursuant to Sections
13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this
Registration Statement and prior to the filing of a post-effective amendment
which indicates that all securities offered have been sold or which deregisters
all securities then remaining unsold shall be deemed to be incorporated by
reference into this Registration Statement and to be a part hereof from the
date of filing of such documents. Any statement contained in a document
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or in any other subsequently filed document which also is or
is deemed to be incorporated by reference herein modifies or supersedes such
statement. Any statement so modified or superseded shall not be deemed, except
as so modified or superseded, to constitute a part of this Registration
Statement.

<!-- link2 "Item&nbsp;4. Description of Securities." -->
<DIV align="left"><A NAME="002"></A></DIV>
<DIV align="left"><A name="002"></DIV>
<P align="left"><B>Item&nbsp;4. Description of Securities.</B>

<P>Not applicable.

<P align="center">1.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel." -->
<DIV align="left"><A NAME="003"></A></DIV>
<DIV align="left"><A name="003"></A></DIV>
<P align="left"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>

<P>The validity of the shares of Common Stock offered hereby will be passed upon
for the Company by Cooley Godward LLP, San Diego, California. As of the date
of this Registration Statement, certain members and associates of Cooley
Godward own an aggregate of 47,951 shares of Common Stock through an investment
partnership.

<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers." -->
<DIV align="left"><A NAME="004"></A></DIV>
<DIV align="left"><A name="004"></A></DIV>
<P align="left"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>

<P>Under Section&nbsp;145 of the Delaware General Corporation Law, the Registrant has
broad powers to indemnify its directors and officers against liabilities they
may incur in such capacities, including liabilities under the Securities Act of
1933, as amended (the &#147;Securities Act&#148;).

<P>The Registrant&#146;s Restated Certificate of Incorporation and Bylaws include
provisions to (i)&nbsp;eliminate the personal liability of its directors and
officers for monetary damages resulting from breaches of their fiduciary duty
to the extent permitted by Section&nbsp;102(b)(7) of the General Corporation Law of
Delaware (the &#147;Delaware Law&#148;) and (ii)&nbsp;require the Registrant to indemnify its
directors and officers to the fullest extent permitted by Section&nbsp;145 of the
Delaware Law, including circumstances in which indemnification is otherwise
discretionary. Pursuant to Section&nbsp;145 of the Delaware Law, a corporation
generally has the power to indemnify its present and former directors,
officers, employees and agents against expenses incurred by them in connection
with any suit to which they are or are threatened to be made, a party by reason
of their serving in such positions so long as they acted in good faith and in a
manner they reasonably believed to be in or not opposed to, the best interests
of the corporation and with respect to any criminal action, they had no
reasonable cause to believe their conduct was unlawful. The Registrant believes
that these provisions are necessary to attract and retain qualified persons as
directors and officers. These provisions do not eliminate the directors&#146; duty
of care, and, in appropriate circumstances, equitable remedies such as
injunctive or other forms of non-monetary relief will remain available under
Delaware Law. In addition, each director will continue to be subject to
liability for breach of the director&#146;s duty of loyalty to the Registrant, for
acts or omissions not in good faith or involving intentional misconduct, for
knowing violations of law, for acts or omissions that the director believes to
be contrary to the best interests of the Registrant or its stockholders, for
any transaction from which the director derived an improper personal benefit,
for acts or omissions involving a reckless disregard for the director&#146;s duty to
the Registrant or its stockholders when the director was aware or should have
been aware of a risk of serious injury to the Registrant or its stockholders,
for acts or omissions that constitute an unexcused pattern of inattention that
amounts to an abdication of the director&#146;s duty to the Registrant or its
stockholders, for improper transactions between the director and the Registrant
and for improper distributions to stockholders and loans to directors and
officers. The provision also does not affect a director&#146;s responsibilities
under any other law, such as the federal securities law or state or federal
environmental laws.

<P>The Registrant has entered into indemnity agreements with each of its directors
and officers that require the Registrant to indemnify such persons against
expenses, judgments, fines, settlements and other amounts incurred (including
expenses of a derivative action) in connection with any proceeding, whether
actual or threatened, to which any such person may be made a party by reason of
the fact that such person is or was a director or an officer of the Registrant
or any of its affiliated enterprises, provided that such person acted in good faith and in a
manner such person reasonably believed to be in or not opposed to the best
interests of the Registrant and, with respect to any criminal proceeding, had
no reasonable cause to believe his conduct was unlawful. The indemnification
agreements also set forth certain procedures that will apply in the event of a
claim for indemnification thereunder.

<P>The Registrant has an insurance policy covering the officers and directors of
the Registrant with respect to certain liabilities, including liabilities
arising under the Securities Act or otherwise.


<P align="center">2.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link2 "Item&nbsp;7. Exemption from Registration Claimed." -->
<DIV align="left"><A NAME="005"></A></DIV>
<DIV align="left"><A name="005"></A></DIV>
<P align="left"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>

<P>Not applicable.

<!-- link2 "Item&nbsp;8. Exhibits." -->
<DIV align="left"><A NAME="006"></A></DIV>
<DIV align="left"><A name="006"></A></DIV>
<P align="left"><B>Item&nbsp;8. Exhibits.</B>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="75%" align="center">
<TR valign="bottom">
          <TD width="4%">&nbsp;</TD>
          <TD width="2%">&nbsp;</TD>
          <TD width="5%">&nbsp;</TD>
          <TD width="1%">&nbsp;</TD>
          <TD width="1%">&nbsp;</TD>
          <TD width="1%">&nbsp;</TD>
          <TD width="86%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center" colspan="5"><FONT size="2"><B>Exhibit No.</B></FONT></TD>
          <TD width="1%"></TD>
          <TD nowrap align="center" width="86%"><FONT size="2"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD colspan="5"><HR size="1"></TD>
          <TD width="1%"></TD>
          <TD nowrap align="center" width="86%">
        <HR size="1"></TD>
</TR>

<TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">*</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">4.1</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
          <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Restated Certificate
        of Incorporation.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">*</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">4.2</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Amended and Restated
        Bylaws.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">*</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">4.3</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Specimen Common
        Stock Certificate.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%"></TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">5.1</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Opinion of Cooley
        Godward LLP.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%"></TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">23.1</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Consent of Ernst
        &#38; Young LLP, Independent Auditors</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%"></TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">23.2</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Consent of Cooley
        Godward LLP. Reference is made to Exhibit&nbsp;5.1.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%"></TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">24.1</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Power of Attorney.
        Reference is made to page 5.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">&#134;</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">99.1</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">1998 Equity Incentive
        Plan (the &#147;1998 Plan&#148;).</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">*</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">99.2</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Form of Stock
        Option Agreement pursuant to the 1998 Plan.</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">&#134;</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">99.3</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">2000 Equity Incentive
        Plan (the &#147;2000 Plan&#148;).</FONT></TD>
</TR>
<TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR>
      <TD width="4%">
    <TR valign="bottom">
          <TD valign="top" width="4%">
        <div align="right"><FONT size="3">&#134;</FONT></div>
      </TD>
          <TD width="2%"></TD>
          <TD nowrap align="right" valign="top" width="5%"><font size="3">99.4</font></TD>
      <TD align="right" valign="top" width="1%"><FONT size="3"> </FONT></TD>
      <TD valign="top" width="1%"></TD>
          <TD width="1%"></TD>
          <TD  align="left" valign="top" width="86%"><FONT size="3">Form of Stock
        Option Agreement pursuant to the 2000 Plan.</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P>

<HR size="2" width="10%" align="left" noshade>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" align="left">*</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%">Filed as an exhibit to the Registrant&#146;s Registration Statement on Form
S-1 (No.&nbsp;333-78545) originally filed on May&nbsp;14, 1999, as amended through
the date hereof, and incorporated herein by reference.</TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="top">

    <TD width="1%" align="left">&#134;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%"> Filed as an exhibit to the Registrant&#146;s Quarterly Report
      on Form&nbsp;10-Q for the quarter ended June&nbsp;30, 2000, as amended through
      the date hereof, and incorporated herein by reference.</TD>
</TR>
</TABLE>

<P align="center">3.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link2 "Item&nbsp;9. Undertakings." -->
<DIV align="left"><A NAME="007"></A></DIV>
<DIV align="left"><A name="007"></A></DIV>
<P align="left"><B>Item&nbsp;9. Undertakings.</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.&nbsp;</B>The undersigned Registrant hereby undertakes:

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;</B>To
  file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement:
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(i)&nbsp;</B>To
  include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act
  of 1933;
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(ii)&nbsp;</B>To
  reflect in the prospectus any facts or events arising after the effective date
  of the Registration Statement (or the most recent post-effective amendment thereof)
  which, individually or in the aggregate, represent a fundamental change in the
  information set forth in the Registration Statement. Notwithstanding the foregoing,
  any increase or decrease in volume of securities offered (if the total dollar
  value of securities offered would not exceed that which was registered) and
  any deviation from the low or high end of the estimated maximum offering range
  may be reflected in the form of prospectus filed with the Commission pursuant
  to Rule&nbsp;424(b) if, in the aggregate, the changes in volume and price represent
  no more than a 20% change in the maximum aggregate offering price set forth
  in the &#147;Calculation of Registration Fee&#148; table in the effective Registration
  Statement;
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;</B>To
  include any material information with respect to the plan of distribution not
  previously disclosed in the Registration Statement or any material change to
  such information in the Registration Statement;
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Provided,
  however</I>, that paragraphs (1)(a)(i) and (1)(a)(ii) above do not apply if
  the information required to be included in a post-effective amendment by those
  paragraphs is contained in periodic reports filed with or furnished to the Commission
  by the Registrant pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the Securities
  Exchange Act of 1934 that are incorporated by reference in this Registration
  Statement.
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;</B>That,
  for the purpose of determining any liability under the Securities Act of 1934,
  each such post-effective amendment shall be deemed to be a new registration
  statement relating to the securities offered therein, and the offering of such
  securities at that time shall be deemed to be the initial bona fide offering
  thereof.
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;</B>To
  remove from registration by means of a post-effective amendment any of the securities
  being registered which remain unsold at the termination of the offering.
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.&nbsp;</B>The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan&#146;s annual report pursuant to Section&nbsp;15(d) of the Exchange Act of 1934)
that is incorporated by reference in the Registration Statement shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
<P align="center">4.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.&nbsp;</B>Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Act, and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.

<P align="center">5.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link2 "SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>
<DIV align="left"><A name="008"></A></DIV>
<P align="center"><B>SIGNATURES</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of San Diego,
County of San Diego, State of California, on October 25, 2000.

<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%" align="center">
    <TR valign="bottom">
      <TD width="50%">&nbsp;</TD>
      <TD width="1%" nowrap>&nbsp;</TD>
      <TD width="49%">&nbsp;</TD>
    </TR>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR valign="bottom">
      <TD valign="top"></TD>
      <TD><font size="3">By:&nbsp;</font></TD>
      <TD  align="left" valign="top"><font size="3">/s/ Robin D. Richards</font></TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"></TD>
      <TD></TD>
      <TD  align="left" valign="top">
        <hr noshade size="1">
      </TD>
    </TR>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR valign="bottom">
      <TD valign="top"></TD>
      <TD colspan="2"><FONT size="3"> Robin D. Richards</FONT></TD>
    </TR>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR>
      <TD>
    <TR valign="bottom">
      <TD valign="top"></TD>
      <TD colspan="2"><FONT size="3"> President and Chief Operating Officer</FONT></TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center"><B>POWER OF ATTORNEY</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Robin D. Richards, Paul L. H. Ouyang and
Michael L. Robertson and each of them, as his true and lawful attorneys-in-fact
and agents, with full power of substitution and resubstitution, for him and in
his name, place, and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments, exhibits thereto and other
documents in connection therewith) to this Registration Statement and any
subsequent registration statement filed by the registrant pursuant to Rule
462(b) of the Securities Act of 1933, as amended, which relates to this
Registration Statement, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or their
or his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

<CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%" align="center">
    <TR valign="bottom">
      <TD width="30%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="40%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="10%">&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center"><FONT size="2"><B>Signature</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center"><FONT size="2"><B>Title</B></FONT></TD>
      <TD></TD>
      <TD nowrap align="center"><FONT size="2"><B>Date</B></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align="center">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD nowrap align="center">
        <HR size="1">
      </TD>
      <TD></TD>
      <TD nowrap align="center">
        <HR size="1">
      </TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">/s/ Michael L. Robertson<BR>
        <HR size="1">
        Michael L. Robertson</TD>
      <TD></TD>
      <TD  align="left" valign="top"> Chief Executive Officer and Director </TD>
      <TD></TD>
      <TD  align="left" valign="top" nowrap>October 25, 2000</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">/s/ Robin D. Richards<BR>
        <HR size="1">
        Robin D. Richards</TD>
      <TD></TD>
      <TD  align="left" valign="top"> President, Chief Operating Officer and Director
      </TD>
      <TD></TD>
      <TD  align="left" valign="top" nowrap>October 25, 2000</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">/s/ Paul L. H. Ouyang<BR>
        <HR size="1">
        Paul L. H. Ouyang</TD>
      <TD></TD>
      <TD  align="left" valign="top"> Chief Financial Officer and Executive Vice
        President </TD>
      <TD></TD>
      <TD  align="left" valign="top" nowrap>October 25, 2000</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top"><BR>
        <HR size="1">
        Lawrence F. Probst III</TD>
      <TD></TD>
      <TD  align="left" valign="top"> Director </TD>
      <TD></TD>
      <TD  align="left" valign="top">October &nbsp;&nbsp;, 2000</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD valign="top">/s/ Mark A. Stevens<BR>
        <HR size="1">
        Mark A. Stevens</TD>
      <TD></TD>
      <TD  align="left" valign="top"> Director </TD>
      <TD></TD>
      <TD  align="left" valign="top" nowrap>October 25, 2000</TD>
    </TR>
  </TABLE>
</CENTER>
<P align="center">6.
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link2 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="009"></A></DIV>
<DIV align="left"><A name="009"></A></DIV>
<P align="center"><B>EXHIBIT INDEX</B>
<table cellspacing="0" border="0" cellpadding="0" width="75%" align="center">
  <tr valign="bottom">
    <td width="4%">&nbsp;</td>
    <td width="2%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="1%">&nbsp;</td>
    <td width="1%">&nbsp;</td>
    <td width="1%">&nbsp;</td>
    <td width="86%">&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap align="center" colspan="5"><font size="2"><b>Exhibit No.</b></font></td>
    <td width="1%"></td>
    <td nowrap align="center" width="86%"><font size="2"><b>Description</b></font></td>
  </tr>
  <tr valign="bottom">
    <td colspan="5">
      <hr size="1">
    </td>
    <td width="1%"></td>
    <td nowrap align="center" width="86%">
      <hr size="1">
    </td>
  </tr>
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">*</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">4.1</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Restated Certificate
      of Incorporation.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">*</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">4.2</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Amended and Restated
      Bylaws.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">*</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">4.3</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Specimen Common
      Stock Certificate.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%"></td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">5.1</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Opinion of Cooley
      Godward LLP.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%"></td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">23.1</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Consent of Ernst
      &#38; Young LLP, Independent Auditors</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%"></td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">23.2</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Consent of Cooley
      Godward LLP. Reference is made to Exhibit&nbsp;5.1.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%"></td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">24.1</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Power of Attorney.
      Reference is made to page 5.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">&#134;</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">99.1</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">1998 Equity Incentive
      Plan (the &#147;1998 Plan&#148;).</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">*</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">99.2</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Form of Stock Option
      Agreement pursuant to the 1998 Plan.</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">&#134;</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">99.3</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">2000 Equity Incentive
      Plan (the &#147;2000 Plan&#148;).</font></td>
  </tr>
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr>
    <td width="4%">
  <tr valign="bottom">
    <td valign="top" width="4%">
      <div align="right"><font size="3">&#134;</font></div>
    </td>
    <td width="2%"></td>
    <td nowrap align="right" valign="top" width="5%"><font size="3">99.4</font></td>
    <td align="right" valign="top" width="1%"><font size="3"> </font></td>
    <td valign="top" width="1%"></td>
    <td width="1%"></td>
    <td  align="left" valign="top" width="86%"><font size="3">Form of Stock Option
      Agreement pursuant to the 2000 Plan.</font></td>
  </tr>
</TABLE>
<P align="center">&nbsp;
<CENTER>
</CENTER>
<P>

<HR size="2" width="10%" align="left" noshade>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" align="left">*</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%">Filed as an exhibit to the Registrant&#146;s Registration Statement on Form
S-1 (No.&nbsp;333-78545) originally filed on May&nbsp;14, 1999, as amended through
the date hereof, and incorporated herein by reference.</TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="top">

    <TD width="1%" align="left">&#134;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%"> Filed as an exhibit to the Registrant&#146;s Quarterly Report
      on Form&nbsp;10-Q for the quarter ended June&nbsp;30, 2000, as amended through
      the date hereof, and incorporated herein by reference.</TD>
</TR>
</TABLE>

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s-8
Table of Contents
As filed with the Securities and Exchange
Commission on October 25,
  2000
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
MP3.com, Inc.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation or organization)
33-0840026
(I.R.S. Employer
Identification Number)
4790 Eastgate Mall
San Diego, California 92121
(858) 623-7000
(Address, including zip code, and telephone number, including area code, of
  Registrant's principal executive offices)
1998 Equity Incentive Plan
2000 Equity Incentive Plan
(Full title of the plans)
Michael L. Robertson
Chief Executive Officer and Chairman of the Board
MP3.com, Inc.
4790 Eastgate Mall
San Diego, California 92121
(858) 623-7000
(Name, address, including zip code, and telephone number, including area code,
  of agent for service)
Copies to:
Frederick T. Muto, Esq.
Christopher J. Kearns, Esq.
COOLEY GODWARD LLP
4365 Executive Drive, Suite 1100
San Diego, CA 92121
(858) 550-6000
Table of Contents
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Title of Securities
Amount to
Offering Price
Aggregate
Amount of
to be Registered
be Registered
Per Share (1)
Offering Price (1)
Registration Fee
Common Stock, $.001 par value
10,600,000
$3.4375 - $19.1875
$
61,221,566.01
$
16,162.49
(1)
Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457. The price per share and aggregate
offering price are based upon (a) the actual exercise price for shares
subject to outstanding stock options previously granted under the
Registrant's 2000 Equity Incentive Plan and (b) the average of the high
and low prices of the Registrant's Common Stock on October 16, 2000 as
reported on the Nasdaq National Market, for shares issuable under the
Registrant's 1998 Equity Incentive Plan and the Registrant's 2000 Equity
Incentive Plan. The following chart shows the calculation of the
registration fee.
Number of
Offering Price
Aggregate
Type of Shares
Shares
Per Share
Offering Price
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
4,500
$
5.00
$
22,500.00
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
20,000
$
5.65625
$
113,125.00
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
772,471
$
7.00
$
5,407,297.00
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
84,450
$
10.25
$
865,612.50
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
16,500
$
10.375
$
171,187.50
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
34,200
$
10.5625
$
361,237.50
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
24,100
$
11.00
$
265,100.00
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
93,000
$
11.5625
$
1,075,312.50
Common Stock issuable pursuant to outstanding options under the 2000 Equity Incentive Plan
7,500
$
13.50
$
101,250.00
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
15,000
$
2.625000
$
39,375.00
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
1,575
$
3.875000
$
6,103.13
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
5,975
$
3.937500
$
23,526.56
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
47,250
$
5.65625
$
267,257.81
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
1,500
$
8.125
$
12,187.50
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
6,925
$
8.25
$
57,131.25
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
18,000
$
8.50
$
153,000.00
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
66,125
$
8.9275
$
590,330.94
Table of Contents
Number of
Offering Price
Aggregate
Type of Shares
Shares
Per Share
Offering Price
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
20,950
$
9.875
$
206,881.25
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
23,650
$
11.6875
$
276,409.38
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
43,000
$
12.125
$
521,375.00
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
102,000
$
13.50
$
1,377,000.00
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
1,653,822
$
13.5625
$
22,429,960.88
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
58,625
$
14.1875
$
831,742.19
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
900
$
17.1875
$
15,468.75
Common Stock issuable pursuant to outstanding options under the 1998 Equity Incentive Plan
20,675
$
19.1875
$
396,701.56
Common Stock issuable under the 1998 Equity Incentive Plan
7,414,028
$
3.4375
$
25,485,721.25
Common Stock issuable under the 2000 Equity Incentive Plan
43,279
$
3.4375
$
148,771.56
TABLE OF CONTENTS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Directors and Officers.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
SIGNATURES
EXHIBIT INDEX
Exhibit 5.1
Exhibit 23.1
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed by MP3.com, Inc. (the "Registrant") with the
Securities and Exchange Commission (the "Commission") are incorporated herein
by reference:
(a)
The Registrant's Annual Report on Form 10-K for the fiscal year ended
December 31, 1999;
(b)
All other reports filed by the Registrant pursuant to Section 13(d) or
15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), since the end of the Registrant's fiscal year ended December 31,
1999; and
(c)
The description of the Registrant's Common Stock which is contained in
the Registrant's Form S-1 Registration Statement (No. 333-78545) filed
with the Commission on May 14, 1999, as amended.
All documents filed by the Registrant with the Commission pursuant to Sections
13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this
Registration Statement and prior to the filing of a post-effective amendment
which indicates that all securities offered have been sold or which deregisters
all securities then remaining unsold shall be deemed to be incorporated by
reference into this Registration Statement and to be a part hereof from the
date of filing of such documents. Any statement contained in a document
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or in any other subsequently filed document which also is or
is deemed to be incorporated by reference herein modifies or supersedes such
statement. Any statement so modified or superseded shall not be deemed, except
as so modified or superseded, to constitute a part of this Registration
Statement.
Item 4. Description of Securities.
Not applicable.
1.
Table of Contents
Item 5. Interests of Named Experts and Counsel.
The validity of the shares of Common Stock offered hereby will be passed upon
for the Company by Cooley Godward LLP, San Diego, California. As of the date
of this Registration Statement, certain members and associates of Cooley
Godward own an aggregate of 47,951 shares of Common Stock through an investment
partnership.
Item 6. Indemnification of Directors and Officers.
Under Section 145 of the Delaware General Corporation Law, the Registrant has
broad powers to indemnify its directors and officers against liabilities they
may incur in such capacities, including liabilities under the Securities Act of
1933, as amended (the "Securities Act").
The Registrant's Restated Certificate of Incorporation and Bylaws include
provisions to (i) eliminate the personal liability of its directors and
officers for monetary damages resulting from breaches of their fiduciary duty
to the extent permitted by Section 102(b)(7) of the General Corporation Law of
Delaware (the "Delaware Law") and (ii) require the Registrant to indemnify its
directors and officers to the fullest extent permitted by Section 145 of the
Delaware Law, including circumstances in which indemnification is otherwise
discretionary. Pursuant to Section 145 of the Delaware Law, a corporation
generally has the power to indemnify its present and former directors,
officers, employees and agents against expenses incurred by them in connection
with any suit to which they are or are threatened to be made, a party by reason
of their serving in such positions so long as they acted in good faith and in a
manner they reasonably believed to be in or not opposed to, the best interests
of the corporation and with respect to any criminal action, they had no
reasonable cause to believe their conduct was unlawful. The Registrant believes
that these provisions are necessary to attract and retain qualified persons as
directors and officers. These provisions do not eliminate the directors' duty
of care, and, in appropriate circumstances, equitable remedies such as
injunctive or other forms of non-monetary relief will remain available under
Delaware Law. In addition, each director will continue to be subject to
liability for breach of the director's duty of loyalty to the Registrant, for
acts or omissions not in good faith or involving intentional misconduct, for
knowing violations of law, for acts or omissions that the director believes to
be contrary to the best interests of the Registrant or its stockholders, for
any transaction from which the director derived an improper personal benefit,
for acts or omissions involving a reckless disregard for the director's duty to
the Registrant or its stockholders when the director was aware or should have
been aware of a risk of serious injury to the Registrant or its stockholders,
for acts or omissions that constitute an unexcused pattern of inattention that
amounts to an abdication of the director's duty to the Registrant or its
stockholders, for improper transactions between the director and the Registrant
and for improper distributions to stockholders and loans to directors and
officers. The provision also does not affect a director's responsibilities
under any other law, such as the federal securities law or state or federal
environmental laws.
The Registrant has entered into indemnity agreements with each of its directors
and officers that require the Registrant to indemnify such persons against
expenses, judgments, fines, settlements and other amounts incurred (including
expenses of a derivative action) in connection with any proceeding, whether
actual or threatened, to which any such person may be made a party by reason of
the fact that such person is or was a director or an officer of the Registrant
or any of its affiliated enterprises, provided that such person acted in good faith and in a
manner such person reasonably believed to be in or not opposed to the best
interests of the Registrant and, with respect to any criminal proceeding, had
no reasonable cause to believe his conduct was unlawful. The indemnification
agreements also set forth certain procedures that will apply in the event of a
claim for indemnification thereunder.
The Registrant has an insurance policy covering the officers and directors of
the Registrant with respect to certain liabilities, including liabilities
arising under the Securities Act or otherwise.
2.
Table of Contents
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
Exhibit No.
Description
*
4.1
Restated Certificate
        of Incorporation.
*
4.2
Amended and Restated
        Bylaws.
*
4.3
Specimen Common
        Stock Certificate.
5.1
Opinion of Cooley
        Godward LLP.
23.1
Consent of Ernst
        & Young LLP, Independent Auditors
23.2
Consent of Cooley
        Godward LLP. Reference is made to Exhibit 5.1.
24.1
Power of Attorney.
        Reference is made to page 5.
†
99.1
1998 Equity Incentive
        Plan (the "1998 Plan").
*
99.2
Form of Stock
        Option Agreement pursuant to the 1998 Plan.
†
99.3
2000 Equity Incentive
        Plan (the "2000 Plan").
†
99.4
Form of Stock
        Option Agreement pursuant to the 2000 Plan.
*
Filed as an exhibit to the Registrant's Registration Statement on Form
S-1 (No. 333-78545) originally filed on May 14, 1999, as amended through
the date hereof, and incorporated herein by reference.
†
Filed as an exhibit to the Registrant's Quarterly Report
      on Form 10-Q for the quarter ended June 30, 2000, as amended through
      the date hereof, and incorporated herein by reference.
3.
Table of Contents
Item 9. Undertakings.
1.
The undersigned Registrant hereby undertakes:
(a)
To
  file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement:
(i)
To
  include any prospectus required by Section 10(a)(3) of the Securities Act
  of 1933;
(ii)
To
  reflect in the prospectus any facts or events arising after the effective date
  of the Registration Statement (or the most recent post-effective amendment thereof)
  which, individually or in the aggregate, represent a fundamental change in the
  information set forth in the Registration Statement. Notwithstanding the foregoing,
  any increase or decrease in volume of securities offered (if the total dollar
  value of securities offered would not exceed that which was registered) and
  any deviation from the low or high end of the estimated maximum offering range
  may be reflected in the form of prospectus filed with the Commission pursuant
  to Rule 424(b) if, in the aggregate, the changes in volume and price represent
  no more than a 20% change in the maximum aggregate offering price set forth
  in the "Calculation of Registration Fee" table in the effective Registration
  Statement;
(iii)
To
  include any material information with respect to the plan of distribution not
  previously disclosed in the Registration Statement or any material change to
  such information in the Registration Statement;
Provided,
  however
, that paragraphs (1)(a)(i) and (1)(a)(ii) above do not apply if
  the information required to be included in a post-effective amendment by those
  paragraphs is contained in periodic reports filed with or furnished to the Commission
  by the Registrant pursuant to Section 13 or Section 15(d) of the Securities
  Exchange Act of 1934 that are incorporated by reference in this Registration
  Statement.
(b)
That,
  for the purpose of determining any liability under the Securities Act of 1934,
  each such post-effective amendment shall be deemed to be a new registration
  statement relating to the securities offered therein, and the offering of such
  securities at that time shall be deemed to be the initial bona fide offering
  thereof.
(c)
To
  remove from registration by means of a post-effective amendment any of the securities
  being registered which remain unsold at the termination of the offering.
2.
The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Exchange Act of 1934)
that is incorporated by reference in the Registration Statement shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.
4.
Table of Contents
3.
Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Act, and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
5.
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of San Diego,
County of San Diego, State of California, on October 25, 2000.
By:
/s/ Robin D. Richards
Robin D. Richards
President and Chief Operating Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Robin D. Richards, Paul L. H. Ouyang and
Michael L. Robertson and each of them, as his true and lawful attorneys-in-fact
and agents, with full power of substitution and resubstitution, for him and in
his name, place, and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments, exhibits thereto and other
documents in connection therewith) to this Registration Statement and any
subsequent registration statement filed by the registrant pursuant to Rule
462(b) of the Securities Act of 1933, as amended, which relates to this
Registration Statement, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or their
or his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature
Title
Date
/s/ Michael L. Robertson
Michael L. Robertson
Chief Executive Officer and Director
October 25, 2000
/s/ Robin D. Richards
Robin D. Richards
President, Chief Operating Officer and Director
October 25, 2000
/s/ Paul L. H. Ouyang
Paul L. H. Ouyang
Chief Financial Officer and Executive Vice
        President
October 25, 2000
Lawrence F. Probst III
Director
October   , 2000
/s/ Mark A. Stevens
Mark A. Stevens
Director
October 25, 2000
6.
Table of Contents
EXHIBIT INDEX
Exhibit No.
Description
*
4.1
Restated Certificate
      of Incorporation.
*
4.2
Amended and Restated
      Bylaws.
*
4.3
Specimen Common
      Stock Certificate.
5.1
Opinion of Cooley
      Godward LLP.
23.1
Consent of Ernst
      & Young LLP, Independent Auditors
23.2
Consent of Cooley
      Godward LLP. Reference is made to Exhibit 5.1.
24.1
Power of Attorney.
      Reference is made to page 5.
†
99.1
1998 Equity Incentive
      Plan (the "1998 Plan").
*
99.2
Form of Stock Option
      Agreement pursuant to the 1998 Plan.
†
99.3
2000 Equity Incentive
      Plan (the "2000 Plan").
†
99.4
Form of Stock Option
      Agreement pursuant to the 2000 Plan.
*
Filed as an exhibit to the Registrant's Registration Statement on Form
S-1 (No. 333-78545) originally filed on May 14, 1999, as amended through
the date hereof, and incorporated herein by reference.
†
Filed as an exhibit to the Registrant's Quarterly Report
      on Form 10-Q for the quarter ended June 30, 2000, as amended through
      the date hereof, and incorporated herein by reference.