Washington, D.C. 20549

                                 SCHEDULE 13G
                   Under the Securities Exchange Act of 1934
                              (Amendment No. 1)*

                            HARMONIC LIGHTWAVES, INC.
                               (Name of Issuer)

                                  COMMON STOCK
                        (Title of Class of Securities)

                                (CUSIP Number)

Check the following box if a fee is being paid with this statement:  / /. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

CUSIP No. 41316010              SCHEDULE 13G              Page 2 of 3 Pages

1.   Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

2.   Check the Appropriate Box if a Member of a Group*        (a) / /
                                                              (b) /x/
3.   SEC Use Only

4.   Citizenship or Place of Organization
         NEW YORK

                         5.   Sole Voting Power

Number of Shares
                         6.   Shared Voting Power
 Beneficially                      -0-

 Owned by Each
                         7.   Sole Dispositive Power
Reporting Person                   -0-

                         8.   Shared Dispositive Power

9.   Aggregate Amount Beneficially Owned by Each Reporting Person

10.  Check Box if the Aggregate Amount in Row (9)
        Excludes Certain Shares*                                 / /

11.  Percent of Class Represented by Amount in Row 9

12.  Type of Reporting Person*


CUSIP No. 41316010              SCHEDULE 13G                  Page 3 of 3 

Item 5.           Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following[X].

Item 10.          Certification:

By signing below, Richard S. Pollack, General Counsel of Weiss, Peck &
Greer, L.L.C. certifies that, to the best of his knowledge and belief,
securities referred to above as being held or owned beneficially by
Philip Greer were acquired in the ordinary course of business and were
not  acquired for the purpose of and do not have the effect of changing
or  influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction
having such purpose or effect.


After reasonable inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.

Dated: January 21, 1997            WEISS, PECK & GREER, L.L.C.

                                   By: /s/ Richard S. Pollack
                                      Name:  Richard S. Pollack
                                      Title: General Counsel

Attention:  Intentional misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).