content: <PAGE>
   
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC  20549
                                          
  
  
                                      FORM 8-K
  
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934
                                          
  
  
         Date of Report (Date of earliest event reported):  AUGUST 14, 1998
                                          
  
  
                              ASPECT DEVELOPMENT, INC.
               (Exact name of registrant as specified in its charter)
  
  
  
  <TABLE>
  <CAPTION> 
            DELAWARE                          0-20749                         25-1622857
  <S>                                  <C>                        <C>
  (State or other jurisdiction of      (Commission File No.)      (IRS Employer Identification No.)
          incorporation)
  </TABLE>
  
  
                                1300 CHARLESTON ROAD
                              MOUNTAIN VIEW, CA 94043
               (Address of principal executive offices and zip code)
                                          
   
         Registrant's telephone number, including area code: (650) 428-2700
  <PAGE>
   
  ITEM 5.  OTHER EVENTS
  
  Aspect Development, Inc. (the "Company") is filing this Form 8-K solely for the
  purpose of disclosing the effect of a two-for-one stock split in the form of a
  stock dividend (the "Stock Split") effective August 14, 1998, on certain
  financial information included in the Company's Annual Report on Form 10-KSB for
  the fiscal year ended December 31, 1997 (the 1997 Form 10-K), and in the Forms
  10-Q for the quarters ended March 31, 1998 and June 30, 1998.
  
  Restatement of selected data as it relates to the Stock Split is shown below.
  
                   STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
                      (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
  
  FISCAL YEAR INFORMATION
  
  <TABLE>
  <CAPTION>
                                                                                YEARS ENDED DECEMBER 31,
                                                                          -------------------------------------
                                                                              1997       1996 (1)     1995  (1)
                                                                           --------    ---------    ----------
  <S>                                                                     <C>            <C>          <C>
  Basic:
  Weighted average Common stock outstanding                                  27,634       21,060        10,676
  Convertible preferred stock                                                     -        2,950         7,374
                                                                           --------    ---------    ----------
  Total weighted average common and common equivalent
  shares outstanding                                                         27,634       24,010        18,050
  Net income/(loss)                                                        $ (4,871)   $     885    $   (2,545)
  Net income/(loss) per share  (1)                                         $  (0.18)   $    0.04    $    (0.14)
   
  Diluted:
  Weighted average Common stock outstanding                                  27,634       21,060        10,676
  Common stock equivalents (treasury stock method)                                -        3,500             -
  Convertible preferred stock                                                     -        2,950         7,374
                                                                           --------    ---------    ----------
  Total weighted average common and common equivalent
     shares outstanding                                                      27,634       27,510        18,050
  Net income/(loss)                                                        $ (4,871)   $     885    $   (2,545)
  Net income/(loss) per share  (1)                                         $  (0.18)   $    0.03    $    (0.14)
  </TABLE>
                                                                                  
  (1) Net income (loss)  per share for 1995 and 1996 are proforma computations.
  <PAGE>
   
  <TABLE>
  <CAPTION>
   
  QUARTERLY FINANCIAL INFORMATION
  
                                                        Three months ended               Six months ended
                                                             June 30,                        June 30,
                                                    ---------------------------      -------------------------
                                                     1998                1997         1998             1997
                                                    -------            -------       -------          -------
  <S>                                               <C>                <C>           <C>              <C> 
  Basic: 
  Total weighted average common and         
    common equivalent shares outstanding             29,856             27,276        29,486           27,036
  Net income (loss)                                 $ 3,335            $  (329)      $ 5,624          $(1,812)
  Net income (loss) per share                       $  0.11            $ (0.01)      $  0.19          $ (0.07)
                                                                                              
  Diluted:                                                                                    
  Weighted average common stock outstanding          29,856             27,276        29,486           27,036
  Common stock equivalents (treasury stock            3,308                ---         3,366              ---
  method)                                                                                     
                                                    -------            -------       -------          -------
  Total weighted average common and common                                                    
  equivalent shares outstanding                      33,164             27,276        32,852           27,036
  Net income (loss)                                 $ 3,335            $  (329)      $ 5,624          $(1,812)
  Net income (loss) per share                       $  0.10            $ (0.01)      $  0.17          $ (0.07)
  </TABLE>
  
  <TABLE> 
  <CAPTION> 
                                                                  THREE MONTHS ENDED MARCH 31, 
                                                                      1998            1997
                                                                  ------------    ------------
  <S>                                                             <C>             <C>
  Basic:
  Total weighted average common and common equivalent
    shares outstanding                                                29,114           26,794
  Net income (loss)                                                  $ 2,289          $(1,483)
  Net income (loss) per share                                        $  0.08          $ (0.06)
  
  Diluted:
  Weighted average common stock outstanding                           29,114           26,794
  Common stock equivalents (treasury stock method)                     3,424               --
                                                                     -------          -------
  Total weighted average common and common equivalent
    shares outstanding                                                32,538           26,794
  Net income (loss)                                                  $ 2,289          $(1,483)
  Net income (loss) per share                                        $  0.07          $ (0.06)
  </TABLE> 
  
  <PAGE>
   
                                     SIGNATURES
  
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereto duly authorized.
  
  
                                    Aspect Development, Inc.
  
  
                                     /s/ David S. Dury
  September 4, 1998                  _____________________________________
                                     David S. Dury
                                     Vice President and Chief Financial Officer
                                     (Principal Financial and Accounting Officer)
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 8312}]
metadata_filer: {"company-data": {"conformed-name": "ASPECT DEVELOPMENT INC", "cik": "0001013334", "assigned-sic": "7372", "irs-number": "251622857", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20749", "film-number": "98704102"}, "business-address": {"street1": "1300 CHARLESTON RD", "city": "MOUNTAIN VIEW", "state": "CA", "zip": "94043", "phone": "6504282700"}, "mail-address": {"street1": "1300 CHARLESTON ROAD", "city": "MOUNTAIN VIEW", "state": "CA", "zip": "94043"}}
text: SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC  20549
                                          
  
                                      FORM 8-K
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934
                                          
  
         Date of Report (Date of earliest event reported):  AUGUST 14, 1998
                                          
  
                              ASPECT DEVELOPMENT, INC.
               (Exact name of registrant as specified in its charter)
  DELAWARE                          0-20749                         25-1622857
  (State or other jurisdiction of      (Commission File No.)      (IRS Employer Identification No.)
          incorporation)
  1300 CHARLESTON ROAD
                              MOUNTAIN VIEW, CA 94043
               (Address of principal executive offices and zip code)
                                          
   
         Registrant's telephone number, including area code: (650) 428-2700
  ITEM 5.  OTHER EVENTS
  
  Aspect Development, Inc. (the "Company") is filing this Form 8-K solely for the
  purpose of disclosing the effect of a two-for-one stock split in the form of a
  stock dividend (the "Stock Split") effective August 14, 1998, on certain
  financial information included in the Company's Annual Report on Form 10-KSB for
  the fiscal year ended December 31, 1997 (the 1997 Form 10-K), and in the Forms
  10-Q for the quarters ended March 31, 1998 and June 30, 1998.
  
  Restatement of selected data as it relates to the Stock Split is shown below.
  
                   STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
                      (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
  
  FISCAL YEAR INFORMATION
  YEARS ENDED DECEMBER 31,
                                                                          -------------------------------------
                                                                              1997       1996 (1)     1995  (1)
                                                                           --------    ---------    ----------
  Basic:
  Weighted average Common stock outstanding                                  27,634       21,060        10,676
  Convertible preferred stock                                                     -        2,950         7,374
                                                                           --------    ---------    ----------
  Total weighted average common and common equivalent
  shares outstanding                                                         27,634       24,010        18,050
  Net income/(loss)                                                        $ (4,871)   $     885    $   (2,545)
  Net income/(loss) per share  (1)                                         $  (0.18)   $    0.04    $    (0.14)
   
  Diluted:
  Weighted average Common stock outstanding                                  27,634       21,060        10,676
  Common stock equivalents (treasury stock method)                                -        3,500             -
  Convertible preferred stock                                                     -        2,950         7,374
                                                                           --------    ---------    ----------
  Total weighted average common and common equivalent
     shares outstanding                                                      27,634       27,510        18,050
  Net income/(loss)                                                        $ (4,871)   $     885    $   (2,545)
  Net income/(loss) per share  (1)                                         $  (0.18)   $    0.03    $    (0.14)
  (1) Net income (loss)  per share for 1995 and 1996 are proforma computations.
  QUARTERLY FINANCIAL INFORMATION
  
                                                        Three months ended               Six months ended
                                                             June 30,                        June 30,
                                                    ---------------------------      -------------------------
                                                     1998                1997         1998             1997
                                                    -------            -------       -------          -------
  Basic: 
  Total weighted average common and         
    common equivalent shares outstanding             29,856             27,276        29,486           27,036
  Net income (loss)                                 $ 3,335            $  (329)      $ 5,624          $(1,812)
  Net income (loss) per share                       $  0.11            $ (0.01)      $  0.19          $ (0.07)
                                                                                              
  Diluted:                                                                                    
  Weighted average common stock outstanding          29,856             27,276        29,486           27,036
  Common stock equivalents (treasury stock            3,308                ---         3,366              ---
  method)                                                                                     
                                                    -------            -------       -------          -------
  Total weighted average common and common                                                    
  equivalent shares outstanding                      33,164             27,276        32,852           27,036
  Net income (loss)                                 $ 3,335            $  (329)      $ 5,624          $(1,812)
  Net income (loss) per share                       $  0.10            $ (0.01)      $  0.17          $ (0.07)
  THREE MONTHS ENDED MARCH 31, 
                                                                      1998            1997
                                                                  ------------    ------------
  Basic:
  Total weighted average common and common equivalent
    shares outstanding                                                29,114           26,794
  Net income (loss)                                                  $ 2,289          $(1,483)
  Net income (loss) per share                                        $  0.08          $ (0.06)
  
  Diluted:
  Weighted average common stock outstanding                           29,114           26,794
  Common stock equivalents (treasury stock method)                     3,424               --
                                                                     -------          -------
  Total weighted average common and common equivalent
    shares outstanding                                                32,538           26,794
  Net income (loss)                                                  $ 2,289          $(1,483)
  Net income (loss) per share                                        $  0.07          $ (0.06)
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned hereto duly authorized.
  
                                    Aspect Development, Inc.
  
                                     /s/ David S. Dury
  September 4, 1998                  _____________________________________
                                     David S. Dury
                                     Vice President and Chief Financial Officer
                                     (Principal Financial and Accounting Officer)