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)  July 9, 2002
                                                 -------------





                      FASTCOMM COMMUNICATIONS CORPORATION
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



          Virginia                    0-17168                     54-1289115
(State or Other Jurisdiction    (Commission File No.)           (IRS Employer
       of Corporation)                                       Identification No.)


                   45472 Holiday Drive, Dulles, Virginia 20166
--------------------------------------------------------------------------------
              (Address of principal executive officers) (Zip Code)



Registrant's telephone number, including area code:   (703) 318-7750



                                      NONE
--------------------------------------------------------------------------------
             (Former Name and Address, if Changed Since Last Report)


<PAGE>



ITEM  3.  Bankruptcy or Receivership

On May 3, 2002, FastComm filed a voluntary petition under Chapter 11 of the U.S.
Bankruptcy Act. The filing was made in the United States Bankruptcy Court,
Eastern District of Virginia and assigned Case No. 02-82177.


ITEM 5. Other Events and Regulation FD Disclosure

Pursuant to a court order, the automatic stay of the Bankruptcy was lifted on
July 3, 2002 and thereafter, a secured lender to the Registrant exercised its
right to take possession of all of the tangible and intangible assets of the
Company. The assets were transferred to a private company controlled by the
secured lender.


ITEM 7.  Financial Statements and Exhibits

Exhibit No                                      Description
----------                                      -----------
99.1                                            Press release dated July 9, 2002





                                       2.
<PAGE>

                                             FASTCOMM COMMUNICATIONS CORPORATION
                                             -----------------------------------
                                                 (Registrant)

July 9, 2002

                                             By: /s/ Mark H. Rafferty
                                                --------------------------------
                                                Name:   Mark H. Rafferty
                                                Title:  Vice President and
                                                        Chief Financial Officer




                                       3.
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{"company-data": {"conformed-name": "FASTCOMM COMMUNICATIONS CORP", "cik": "0000828529", "assigned-sic": "3661", "irs-number": "541289115", "state-of-incorporation": "VA", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-17168", "film-number": "02698632"}, "business-address": {"street1": "45472 HOLIDAY DR", "street2": "SUITE 3", "city": "STERLING", "state": "VA", "zip": "20166", "phone": "7033187750"}, "mail-address": {"street1": "45472 HOLIDAY DR", "street2": "SUITE 3", "city": "STERLING", "state": "VA", "zip": "20166"}}
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)  July 9, 2002
                                                 -------------

                      FASTCOMM COMMUNICATIONS CORPORATION
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

          Virginia                    0-17168                     54-1289115
(State or Other Jurisdiction    (Commission File No.)           (IRS Employer
       of Corporation)                                       Identification No.)

                   45472 Holiday Drive, Dulles, Virginia 20166
--------------------------------------------------------------------------------
              (Address of principal executive officers) (Zip Code)

Registrant's telephone number, including area code:   (703) 318-7750

                                      NONE
--------------------------------------------------------------------------------
             (Former Name and Address, if Changed Since Last Report)
ITEM  3.  Bankruptcy or Receivership

On May 3, 2002, FastComm filed a voluntary petition under Chapter 11 of the U.S.
Bankruptcy Act. The filing was made in the United States Bankruptcy Court,
Eastern District of Virginia and assigned Case No. 02-82177.

ITEM 5. Other Events and Regulation FD Disclosure

Pursuant to a court order, the automatic stay of the Bankruptcy was lifted on
July 3, 2002 and thereafter, a secured lender to the Registrant exercised its
right to take possession of all of the tangible and intangible assets of the
Company. The assets were transferred to a private company controlled by the
secured lender.

ITEM 7.  Financial Statements and Exhibits

Exhibit No                                      Description
----------                                      -----------
99.1                                            Press release dated July 9, 2002

                                       2.
FASTCOMM COMMUNICATIONS CORPORATION
                                             -----------------------------------
                                                 (Registrant)

July 9, 2002

                                             By: /s/ Mark H. Rafferty
                                                --------------------------------
                                                Name:   Mark H. Rafferty
                                                Title:  Vice President and
                                                        Chief Financial Officer

                                       3.