SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q

[X]      Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
                             Exchange Act of 1934

For the Quarterly Period Ended June 30, 2000

Or

[  ]     Transition Report Pursuant to Section 13 or 15(d) of the Securities
                           Exchange Act of 1934

For the transition period from                  to
                             Commission file number 0-16208


                       WESTFORD TECHNOLOGY VENTURES, L.P.

--------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


Delaware                                                             13-3423417
--------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

17 Academy Street, 5th Floor

Newark, New Jersey                                                   07102-2905
--------------------------------------------------------------------------------
(Address of principal executive offices)                             (Zip Code)

Registrant's telephone number, including area code:  (973) 624-2131

Not applicable

--------------------------------------------------------------------------------
Former name, former address and former fiscal year, if changed since last report
     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes X No ------------------


<PAGE>


                    WESTFORD TECHNOLOGY VENTURES, L.P.

                                 INDEX

PART I.       FINANCIAL INFORMATION

Item 1.       Financial Statements.

Balance Sheets as of June 30, 2000 (Unaudited) and December 31, 1999

Schedule of Portfolio Investments as of June 30, 2000 (Unaudited)

Statements of Operations for the Three and Six Months Ended June 30, 2000 and
1999 (Unaudited)

Statements of Cash Flows for the Six Months Ended June 30, 2000 and 1999
(Unaudited)

Statement of Changes in Partners' Capital for the Six Months Ended June 30, 2000
 (Unaudited)

Notes to Financial Statements (Unaudited)

Item 2.       Management's Discussion and Analysis of Financial Condition and
              Results of Operations.

Item 3.       Quantitative and Qualitative Disclosure about Market Risk

PART II.      OTHER INFORMATION

Item 1.       Legal Proceedings.

Item 2.       Changes in Securities.

Item 3.       Defaults upon Senior Securities.

Item 4.       Submission of Matters to a Vote of Security Holders.

Item 5.       Other Information.

Item 6.       Exhibits and Reports on Form 8-K.



<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1.       Financial Statements.

WESTFORD TECHNOLOGY VENTURES, L.P.
BALANCE SHEETS
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                        June 30, 2000          December 31,
                                                                                          (Unaudited)                1999

ASSETS

Portfolio investments, at fair value (cost of $7,673,183 as of
    June 30, 2000 and $10,769,780 as of December 31, 1999)                             $      4,228,165        $      5,550,221
Cash and cash equivalents                                                                     1,123,855                     603
Accrued interest receivable                                                                      52,758                  43,048
                                                                                       ----------------        ----------------

TOTAL ASSETS                                                                           $      5,404,778        $      5,593,872
                                                                                       ================        ================


LIABILITIES AND PARTNERS' CAPITAL

Liabilities:
Accounts payable and accrued expenses                                                  $         37,683        $         35,645
Due to Management Company                                                                       426,304                 540,304
Due to Independent General Partners                                                               3,750                  82,500
                                                                                       ----------------        ----------------
   Total liabilities                                                                            467,737                 658,449
                                                                                       ----------------        ----------------

Partners' Capital:
Managing General Partner                                                                        237,913                 584,100
Individual General Partners                                                                       2,858                   3,367
Limited Partners (11,217 Units)                                                               8,141,288               9,567,515
Unallocated net unrealized depreciation of investments                                       (3,445,018)             (5,219,559)
                                                                                       -----------------       ----------------
   Total partners' capital                                                                    4,937,041               4,935,423
                                                                                       ----------------        ----------------

TOTAL LIABILITIES AND PARTNERS' CAPITAL                                                $      5,404,778        $      5,593,872
                                                                                       ================        ================


</TABLE>


See notes to financial statements.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
SCHEDULE OF PORTFOLIO INVESTMENTS (Unaudited)
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

June 30, 2000

                                                                     Initial Investment
Investment Description                                                      Date                  Cost               Fair Value
-------------------------------------------------------------------------------------------------------------------------------
Inn-Room Systems, Inc.*
Automated in-room vending units for the lodging industry
1,548,494 shares of Common Stock                                         Oct. 1989            $    1,320,349    $        300,000
Demand Promissory Note at prime plus 1% due 12/31/00                                                 102,940             102,940
                                                                                              --------------    ----------------
                                                                                                   1,423,289             402,940
--------------------------------------------------------------------------------------------------------------------------------
Spectrix Corporation*

Infrared data transfer technology for networks

60,547 shares of Series A Preferred Stock                                June 1989                   784,319              60,547
2,216,626 shares of Series B Preferred Stock                                                       4,261,901           2,216,626
699,256 shares of Common Stock                                                                       354,878             699,256
Warrants to purchase 50,000 shares of Common Stock at
   $4.00 per share, expiring 04/30/03                                                                      0                   0
                                                                                              --------------    ----------------
                                                                                                   5,401,098           2,976,429
--------------------------------------------------------------------------------------------------------------------------------
Thunderbird Technologies, Inc.

Designer of high performance, low power integrated
   circuit products

788,796 shares of Series A Preferred Stock                               Oct. 1992                   788,796             788,796
Demand Promissory Notes at prime                                                                      60,000              60,000
                                                                                              --------------    ----------------
                                                                                                     848,796             848,796
--------------------------------------------------------------------------------------------------------------------------------

TOTAL PORTFOLIO INVESTMENTS                                                                   $    7,673,183    $      4,228,165
                                                                                              ==============    ================

</TABLE>


* May be deemed  an  affiliated  person of the  Partnership  as  defined  by the
Investment Company Act of 1940.

See notes to financial statements.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
STATEMENTS OF OPERATIONS (Unaudited)
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                         Three Months Ended                Six Months Ended
                                                                              June 30,                          June 30,
                                                                        2000            1999             2000            1999
                                                                   --------------   ------------    --------------   --------

INVESTMENT INCOME AND EXPENSES

   Income:
   Interest from short-term investments                            $        6,397   $          50   $       11,541   $         159
   Interest and other income from portfolio investments                     3,905           3,257            7,709           6,273
                                                                   --------------   -------------   --------------   -------------
   Totals                                                                  10,302           3,307           19,250           6,432
                                                                   --------------   -------------   --------------   -------------

   Expenses:
   Management fee                                                          37,500          50,000           75,000         100,000
   Professional fees                                                       14,988           7,588           28,216          14,363
   Mailing and printing                                                     5,220           1,695           10,848           5,195
   Independent General Partners' fees                                       3,750           9,750            7,500          16,500
   Other expenses                                                           1,525           1,850            3,275           3,425
                                                                   --------------   -------------   --------------   -------------
   Totals                                                                  62,983          70,883          124,839         139,483
                                                                   --------------   -------------   --------------   -------------

NET INVESTMENT LOSS                                                       (52,681)        (67,576)        (105,589)       (133,051)

Net realized loss from portfolio investments                                    -               -       (1,667,334)        (46,223)
                                                                   --------------   -------------   --------------   -------------

NET REALIZED LOSS FROM OPERATIONS                                         (52,681)        (67,576)      (1,772,923)       (179,274)

Change in unrealized depreciation of investments                                -          85,756        1,774,541        (463,515)
                                                                   --------------   -------------   --------------   -------------

NET (DECREASE) INCREASE IN NET ASSETS

   RESULTING FROM OPERATIONS                                       $      (52,681)  $      18,180   $        1,618   $    (642,789)
                                                                   ===============  =============   ==============   =============


</TABLE>


See notes to financial statements.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
STATEMENTS OF CASH FLOWS (Unaudited)
For the Six Months Ended June 30,
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                                   2000               1999
                                                                                               ------------       -------------
CASH FLOWS (USED FOR) PROVIDED FROM
   OPERATING ACTIVITIES

Net investment loss                                                                            $     (105,589)    $    (133,051)
Adjustments to reconcile net investment loss to cash
   used for operating activities:
Increase (decrease) in accrued interest and other receivables                                          (9,710)            3,429
(Decrease) increase in payables                                                                      (190,712)          160,051
                                                                                               --------------       -----------
Cash (used for) provided from operating activities                                                   (306,011)           30,429
                                                                                               --------------       -----------

CASH FLOWS PROVIDED FROM (USED FOR)
   INVESTING ACTIVITIES

Cost of portfolio investments purchased                                                                     -           (50,000)
Proceeds from the sale of portfolio investments                                                     1,429,263            14,365
                                                                                               --------------       -----------
Cash provided from (used for) investing activities                                                  1,429,263           (35,635)
                                                                                               --------------       -----------

Increase (decrease) in cash and cash equivalents                                                    1,123,252            (5,206)

Cash and cash equivalents at beginning of period                                                          603             7,998
                                                                                               --------------       -----------

CASH AND CASH EQUIVALENTS AT END OF PERIOD                                                     $    1,123,855     $       2,792
                                                                                               ==============     =============


Supplemental disclosure of non-cash investing and financing activities:

   Conversion of accrued interest into cost of portfolio investment                                                $    249,566
                                                                                                                   ============

</TABLE>



See notes to financial statements.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
STATEMENT OF CHANGES IN PARTNERS' CAPITAL (Unaudited)
For the Six Months Ended June 30, 2000
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                               Unallocated
                                           Managing       Individual                        Net Unrealized
                                            General         General           Limited       Depreciation of
                                            Partner        Partners          Partners          Investments           Total

Balance at beginning of period          $    584,100      $   3,367      $     9,567,515    $    (5,219,559)   $     4,935,423

Net investment income (loss)                     482            (38)            (106,033)                 -           (105,589)

Net realized loss from portfolio
   investments                              (346,669)          (471)          (1,320,194)                 -         (1,667,334)

Change in net unrealized
   depreciation of investments                     -              -                    -          1,774,541          1,774,541
                                        ------------      ---------      ---------------    ---------------    ---------------

Balance at end of period                $    237,913      $   2,858      $     8,141,288(A) $    (3,445,018)   $     4,937,041
                                        ============      =========      ===============    ===============    ===============

</TABLE>

(A)  The net asset  value  per  $1,000  unit of  limited  partnership  interest,
     including  an  assumed   allocation  of  net  unrealized   depreciation  of
     investments, is $436.

See notes to financial statements.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
NOTES TO FINANCIAL STATEMENTS (Unaudited)

1.     Organization and Purpose

Westford  Technology  Ventures,  L.P.  (the  "Partnership")  is a  Delaware
limited  partnership  formed on September 3, 1987.  WTVI Co., L.P., the managing
general partner of the  Partnership  (the "Managing  General  Partner") and four
individuals (the "Individual  General Partners") are the general partners of the
Partnership.  Hamilton Capital Management Inc. (the "Management Company") is the
general partner of the Managing  General  Partner and the management  company of
the Partnership.  The Partnership began its principal  operations on December 1,
1988.

The  Partnership's  objective is to achieve  long-term  capital  appreciation by
making venture  capital  investments  in new and developing  companies and other
special  investment  situations.  The  Partnership  will not engage in any other
business or activity.  The  Partnership  is scheduled to terminate no later than
December 31, 2000.  However,  the Individual  General Partners have the right to
extend the term of the Partnership for an additional  two-year  period,  if they
determine that such extension is in the best interest of the Partnership.

2.     Significant Accounting Policies

Valuation of Investments - Short-term  investments are carried at amortized cost
which approximates  market.  Portfolio  investments are carried at fair value as
determined  quarterly by the Managing  General  Partner under the supervision of
the Individual General Partners.  Publicly-held  portfolio securities are valued
at the closing public market price on the valuation date  discounted by a factor
of 0% to 50% for sales restrictions.  Factors considered in the determination of
an  appropriate  discount  include,  underwriter  lock-up  or Rule  144  trading
restrictions,  insider status where the Partnership  either has a representative
serving on the Board of  Directors  or is greater  than a 10%  shareholder,  and
other  liquidity  factors  such as the size of the  Partnership's  position in a
given  company   compared  to  the  trading  history  of  the  public  security.
Privately-held  portfolio  securities  are  valued  at  cost  until  significant
developments  affecting  the  portfolio  company  provide a basis for  change in
valuation.  The fair  value of  private  securities  is  adjusted  to reflect 1)
meaningful  third-party  transactions  in the private  market or 2)  significant
progress or slippage in the development of the company's business such that cost
is no longer reflective of fair value. As a venture capital investment fund, the
Partnership's  portfolio  investments  involve  a high  degree of  business  and
financial  risk that can result in  substantial  losses.  The  Managing  General
Partner  considers such risks in determining the fair value of the Partnership's
portfolio investments.

Use of Estimates - The  preparation of financial  statements in conformity  with
generally accepted  accounting  principles requires management to make estimates
and assumptions  that affect the reported  amounts of assets and liabilities and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.

Investment  Transactions - Investment  transactions  are recorded on the accrual
method.  Portfolio  investments  are  recorded on the trade  date,  the date the
Partnership  obtains an  enforceable  right to demand the  securities or payment
therefore.  Realized  gains and losses on  investments  sold are  computed  on a
specific identification basis.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
NOTES TO FINANCIAL STATEMENTS (Unaudited), continued

Income Taxes - No provision  for income taxes has been made since all income and
losses are  allocable to the Partners for inclusion in their  respective  income
tax returns.  The  Partnership's  net assets for  financial  reporting  purposes
differ from its net assets for tax purposes. Net unrealized depreciation of $3.4
million as of June 30, 2000, was recorded for financial  statement  purposes but
has not been recognized for tax purposes.  Additionally,  from inception to June
30, 2000, other timing  differences  relating to the sale of Units totaling $1.2
million were charged to partners'  capital on the financial  statements but have
not been deducted or charged against partners' capital for tax purposes.

Cash Equivalents - The Partnership  considers all highly liquid debt instruments
(primarily money market funds) to be cash equivalents.

3.     Allocation of Partnership Profits and Losses

The  Partnership  Agreement  provides that the Managing  General Partner will be
allocated,  on a cumulative basis over the life of the  Partnership,  20% of the
Partnership's  aggregate  investment  income and net realized gains from venture
capital investments,  provided that such amount is positive. All other gains and
losses of the Partnership  are allocated  among all the Partners,  including the
Managing   General   Partner,   in  proportion  to  their   respective   capital
contributions to the Partnership.

4.     Related Party Transactions

The  Management  Company is responsible  for the  management and  administrative
services necessary for the operation of the Partnership. For these services, the
Management  Company  received a management  fee through  December 31, 1999 at an
annual rate of 2.5% of the gross capital  contributions  to the Partnership (net
of selling  commissions and  organizational  expenses paid by the  Partnership),
reduced  by capital  distributed  and  realized  losses,  with a minimum  fee of
$200,000 per annum.  The  Management  Company  voluntarily  agreed to reduce the
minimum  management  fee  payable  by the  Partnership  to  $150,000  per annum,
effective January 1, 2000.

The Management Company also directly provides certain  shareholder  services and
database  management  support for the Limited Partners of the  Partnership.  For
such services,  the Management Company had charged the Partnership an additional
fee of $8,500 per quarter through December 31, 1998. This amount was paid to the
Management Company in addition to the regular management fee discussed above.

 Effective January 1, 1999,  however,  the Management  Company agreed to provide
such services for no additional fee.

From  inception  of the  Partnership  to December  31,  1998,  each of the three
Independent  General  Partners  received an annual fee of $10,000 and $1,000 for
each meeting of the Independent  General Partners  attended,  plus out-of-pocket
expenses.  Effective  January 1, 1999,  the annual fee paid to each  Independent
General Partner was reduced to $5,000. Additionally,  effective January 1, 2000,
the Independent General Partners voluntarily waived all future meeting fees.


<PAGE>


WESTFORD TECHNOLOGY VENTURES, L.P.
NOTES TO FINANCIAL STATEMENTS (Unaudited), continued

5.     Classification of Portfolio Investments

As of June 30, 2000 the Partnership's  portfolio investments were categorized as
follows:
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                                                            Percentage of

Type of Investments                                        Cost                   Fair Value                  Net Assets*
-------------------                                   ---------------           ---------------               -----------
Preferred Stock                                      $      5,835,016            $    3,065,969               62.10%
Common Stock                                                1,675,227                   999,256               20.24%
Debt Securities                                               162,940                   162,940                 3.30%
                                                     ----------------            --------------             ---------
Total                                                $      7,673,183            $    4,228,165               85.64%
                                                     ================            ==============             ========

Country/Geographic Region

Midwestern U.S.                                      $      6,824,387            $    3,379,369               68.45%
Eastern U.S.                                                  848,796                   848,796               17.19%
                                                     ----------------            --------------             --------
Total                                                $      7,673,183            $    4,228,165               85.64%
                                                     ================            ==============             ========

Industry

Wireless Communications                              $      5,401,098            $    2,976,429               60.29%
Vending Equipment                                           1,423,289                   402,940                8.16%
Semiconductors                                                848,796                   848,796               17.19%
                                                     ----------------            --------------             --------
Total                                                $      7,673,183            $    4,228,165               85.64%
                                                     ================            ==============             ========

</TABLE>

* Fair value as a percentage of net assets.


<PAGE>


Item 2.       Management's Discussion and Analysis of Financial Condition and
              Results of Operations.
              ------------------------------------------------------------------

Liquidity and Capital Resources

In connection with the acquisition of EIS International,  Inc. by SER Systems AG
completed in January 2000, the  Partnership  received  $1,429,623,  or $6.25 for
each of its 228,682 common shares of EIS.

As of June 30, 2000, the Partnership held $1,123,855 in an interest-bearing cash
account.  The  Partnership  earned $6,397 and $11,541 of interest from such cash
account for the three and six months ended June 30, 2000.  Interest  earned from
the Partnership's  cash balances and short-term  investments,  if any, in future
periods is subject to fluctuations  in short-term  interest rates and changes in
amounts available for investment in such securities.

The Partnership  has fully invested the net proceeds  received from the offering
of Units and will not make  additional  investments in new portfolio  companies.
However, the Partnership may make additional  follow-on  investments in existing
portfolio companies, if required.

As of June 30, 2000, the Partnership's  current liabilities of $467,737 included
$426,304  due to the  Management  Company.  Funds  needed to cover such  current
liabilities,  future follow-on investments,  if any, and operating expenses will
be obtained  primarily from existing cash reserves and proceeds from the sale of
the Partnership's remaining portfolio investments.

Results of Operations

For the three and six months  ended June 30,  2000,  the  Partnership  had a net
realized loss from operations of $52,681 and $1,772,923,  respectively.  For the
three and six months ended June 30,  1999,  the  Partnership  had a net realized
loss from operations of $67,576 and $179,274, respectively. Net realized gain or
loss  from  operations  is  comprised  of (i) net  realized  gain  or loss  from
portfolio  investments  and (ii) net  investment  income or loss  (interest  and
dividend income less operating expenses).

Realized Gains and Losses from Portfolio  Investments - The  Partnership  had no
realized  gains or losses from its  portfolio  investments  for the three months
ended June 30, 2000. For the six months ended June 30, 2000, the Partnership had
a $1,667,334  net realized  loss from its  portfolio  investments.  As discussed
above,  in  January  2000,  SER  Systems AG  completed  its  acquisition  of EIS
International,  Inc. at $6.25 per share. The Partnership received $1,429,623 for
its EIS shares, resulting in a realized loss of $1,667,334.

The Partnership  had no realized gains or losses from its portfolio  investments
for the three  months  ended June 30,  1999.  For the six months  ended June 30,
1999,  the  Partnership  had a $46,223  net  realized  loss  from its  portfolio
investments  due to the write off of the  remaining net  receivable  balance due
from  the  1994  sale  of  Eidetics   Incorporated.   In  April  1994,  Eidetics
Incorporated was sold in a management  buyout for a $4,190 cash down payment and
potential  future  payments to be  determined by the actual cash receipts of the
acquiring  company for five years from the buyout date. In 1994, the Partnership
recorded a $250,597 receivable related to such expected future payments.  At the
end of the five-year period actual cash payments received against the receivable
balance  totaled  $204,374.  The  Partnership  also received  interest  payments
totaling $72,965 over the five-year period.

Investment  Income and Expenses - Net investment loss for the three months ended
June 30, 2000 and 1999 was  $52,681 and  $67,576,  respectively.  The  favorable
change in net investment loss for the 2000 period compared to the same period in
1999 is comprised of a $6,995  increase in  investment  income  partially  and a
$7,900  decrease  in  operating  expenses.  The  increase in  investment  income
primarily  was due to an  increase  in  interest  from  short-term  investments,
reflecting an increase in the amount of the Partnership's  interest earning cash
balances  held during the three months ended June 30, 2000  compared to the same
period in 1999. The decrease in operating expenses included a $12,500 decline in
the management fee, as discussed below, and a $6,000 decline in fees paid to the
Independent  General Partners,  resulting from the voluntary  elimination of all
meeting fees  previously  paid at $1,000 per meeting to each of the  Independent
General  Partners.  Reductions  due to the  management  fee and fees paid to the
Independent  General  Partners  were  partially  offset  by  increases  in other
operating  expenses,  primarily  professional  fees  and  mailing  and  printing
expenses. Professional fees increased $7,400 for the three months ended June 30,
2000 compared to the same period in 1999 primarily due to additional  accounting
fees relating to the quarterly financial statement review, which is now required
for all  business  development  companies  filing  SEC Form  10-Q.  Mailing  and
printing expenses increased for the three months ended June 30, 2000 compared to
the same  period in 1999 due to  certain  accrual  adjustments  made in the 1999
period.

Net investment loss for the six months ended June 30, 2000 and 1999 was $105,589
and $133,051,  respectively. The favorable change in net investment loss for the
2000 period as compared  to the same  period in 1999 is  comprised  of a $12,818
increase in investment income and a $14,644 decrease in operating expenses.  The
increase in investment  income primarily was due to an increase in interest from
short-term   investments,   reflecting   an   increase  in  the  amount  of  the
Partnership's  interest earning cash balances held during the first half of 2000
compared to the same period in 1999. The decrease in operating expenses included
a $25,000  decline in the  management  fee,  as  discussed  below,  and a $9,000
decline in fees paid to the  Independent  General  Partners,  resulting from the
voluntary  elimination of all meeting fees previously paid at $1,000 per meeting
to each of the Independent  General  Partners.  Reductions due to the management
fee and fees paid to the Independent  General  Partners were partially offset by
increases in other operating expenses,  primarily  professional fees and mailing
and printing  expenses.  Professional  fees increased $13,853 for the six months
ended  June 30,  2000  compared  to the same  period  in 1999  primarily  due to
additional accounting fees relating to the quarterly financial statement review,
which is now  required for all business  development  companies  filing SEC Form
10-Q.  Mailing and printing  expenses  increased for the three months ended June
30, 2000 compared to the same period in 1999 due to certain accrual  adjustments
made in the 1999 period.

The  Management  Company is responsible  for the  management and  administrative
services necessary for the operation of the Partnership. For these services, the
Management  Company  received a management  fee through  December 31, 1999 at an
annual rate of 2.5% of the gross capital  contributions  to the Partnership (net
of selling  commissions and  organizational  expenses paid by the  Partnership),
reduced  by capital  distributed  and  realized  losses,  with a minimum  fee of
$200,000 per annum.  The  Management  Company  voluntarily  agreed to reduce the
minimum  management  fee  payable  by the  Partnership  to  $150,000  per annum,
effective  January 1, 2000.  The  management fee for the three months ended June
30, 2000 and 1999 was $37,500 and $50,000,  respectively. The management fee for
the six  months  ended  June  30,  2000  and  1999  was  $75,000  and  $100,000,
respectively.

Additionally,  the Management Company provides certain shareholder  services and
database  management  support for the Limited Partners of the  Partnership.  For
such services,  the Management Company had charged the Partnership an additional
fee of $8,500 per quarter through December 31, 1998. This amount was paid to the
Management  Company in addition to the regular  management fee discussed  above.
Effective January 1, 1999,  however,  the Management  Company agreed to provided
such services for no additional fee.

To the extent possible,  the management fee and other expenses incurred directly
by the Partnership are paid with funds provided from operations.  Funds provided
from  operations  primarily are obtained from interest  received from short-term
investments, income earned from portfolio investments and proceeds received from
the sale of portfolio investments.

Unrealized Gains and Losses and Changes in Unrealized  Depreciation of Portfolio
Investments  - For the six months ended June 30,  2000,  the  Partnership  had a
$1,774,541  favorable  change in net  unrealized  depreciation  of  investments,
resulting from the transfer of $1,774,541  from unrealized loss to realized loss
relating to the sale of the Partnership's holdings of EIS, as discussed above.

For the  six  months  ended  June  30,  1999,  the  Partnership  had a  $463,515
unfavorable change in net unrealized depreciation of investments, resulting from
the  net  downward   revaluation  of  the  Partnership's   remaining   portfolio
investments.

Net Assets - Changes in net assets resulting from operations are comprised of 1)
net  realized  gain or loss from  operations  and 2) changes  in net  unrealized
appreciation or depreciation of investments.

As of June 30, 2000, the Partnership's net assets were $4,937,041, reflecting an
increase of $1,618 from net assets of $4,935,423  as of December 31, 1999.  This
change  represents the increase in net assets  resulting from operations for the
six-month period, comprised of the $1,774,541 favorable change in net unrealized
depreciation  of  investments  exceeding the  $1,772,923  net realized loss from
operations for the six months ended June 30, 2000.

As of June 30, 1999, the Partnership's net assets were $4,417,252,  reflecting a
decrease of $636,789 from net assets of $5,054,041 as of December 31, 1998. This
change  represents the decrease in net assets  resulting from operations for the
six-month period, comprised of the $463,515 unfavorable change in net unrealized
depreciation of investments and the $173,274 net realized loss from operations.

Gains and  losses  from  investments  are  allocated  to the  Partners'  capital
accounts when realized in accordance with the Partnership  Agreement (see Note 3
of Notes to Financial Statements).  However, for purposes of calculating the net
asset value per unit of limited  partnership  interest ("Unit"),  net unrealized
appreciation  or depreciation of investments has been included as if it had been
realized  and  allocated  to  the  Limited   Partners  in  accordance  with  the
Partnership  Agreement.  Pursuant to such  calculation,  the net asset value per
$1,000  Unit at June  30,  2000  and  December  31,  1999  was  $436  and  $435,
respectively.


<PAGE>


Item 3.  Quantitative and Qualitative Disclosures about Market Risk.
         -----------------------------------------------------------

The  Partnership  is subject to market risk arising from changes in the value of
its portfolio  investments,  short-term  investments and  interest-bearing  cash
equivalents,  which may result from  fluctuations  in interest  rates and equity
prices.  The  Partnership has calculated its market risk related to its holdings
of these  investments  based on changes  in  interest  rates and  equity  prices
utilizing  a  sensitivity  analysis.  The  sensitivity  analysis  estimates  the
hypothetical  change in fair values, cash flows and earnings based on an assumed
10% change  (increase  or  decrease)  in interest  rates and equity  prices.  To
perform the  sensitivity  analysis,  the assumed 10% change is applied to market
rates  and  prices  on  investments  held by the  Partnership  at the end of the
accounting period.

The  Partnership's   portfolio  investments  had  an  aggregate  fair  value  of
$4,228,165  as of June 30,  2000.  An assumed 10% decline  from this fair value,
including  an  assumed  10%  decline  of the  per  share  market  prices  of the
Partnership's  publicly-traded  securities,  would  result in a reduction to the
fair value of such investments and a corresponding unrealized loss of $422,817.

The Partnership had no short-term  investments as of June 30, 2000.  Market risk
relating to the Partnership's  interest-bearing cash equivalents held as of June
30, 2000 is considered to be immaterial.


<PAGE>


                           PART II - OTHER INFORMATION

Item 1.       Legal Proceedings.
              -----------------

The Partnership is not a party to any material pending legal proceedings.

Item 2.       Changes in Securities.
              ---------------------

Not applicable.

Item 3.       Defaults Upon Senior Securities.
              -------------------------------

Not applicable.

Item 4.       Submission of Matters to a Vote of Security Holders.
              ---------------------------------------------------

The 2000 Annual Meeting of Limited Partners,  originally  scheduled for June 28,
2000,  was held on August 3, 2000. At the meeting,  the  following  matters were
voted on and approved:
<TABLE>

<S>     <C>    <C>    <C>    <C>    <C>    <C>

                                                                      Affirmative
                                                                         Votes                Withheld

Election of the four Individual General Partners, to serve for the ensuing year:

Jeffrey T. Hamilton                                                     4,646                  1,719
Robert S. Ames                                                          4,646                  1,719
Alfred M. Bertocchi                                                     4,646                  1,719
George M. Weimer                                                        4,646                  1,719


                                                                      Affirmative             Negative

                                                                         Votes                  Votes              Abstentions

Election of the General Partner, WTVI Co., L.P.
to serve as Managing General Partner
for the ensuing year.                                                   4,655                  1,860                 n/a

Approval of the continuance of the
Management Agreement between the

Partnership and the Management Company                                  4,250                  1,776                 313

Ratification of the selection of
BDO Seidman LLP as independent
auditors for the Partnership's fiscal
year ending December 31, 2000                                           5,230                  776                   333

</TABLE>

Item 5.       Other Information.
              -----------------

Not applicable.


Item 6.       Exhibits and Reports on Form 8-K.
              --------------------------------

              (a)   Exhibits

                    (27)   Financial Data Schedule.

              (b) No  reports on Form 8-K have been  filed  during  the  quarter
covered by this report.


<PAGE>


                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  this  report has been  signed  below by the  following  persons on
behalf of the Registrant, in the capacities, and on the dates indicated.
<TABLE>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

              WESTFORD TECHNOLOGY VENTURES, L.P.


By:           WTVI Co., L.P.
              its managing general partner


By:           Hamilton Capital Management Inc.
              its general partner


By:           s/s       Jeffrey T. Hamilton                       President, Secretary and Director (Principal
              ------------------------------------------------
              Jeffrey T. Hamilton                                 Executive Officer) of Hamilton Capital
                                                                  Management Inc. and Individual General
                                                                  Partner of Westford Technology Ventures, L.P.


By:           s/s       Susan J. Trammell                         Treasurer and Director (Principal Financial
              ------------------------------------------------
              Susan J. Trammell                                   and Accounting Officer) of Hamilton Capital
                                                                  Management Inc.

</TABLE>



Date:         August 14, 2000