UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                  SCHEDULE 13D




                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)*

                               GOLF VENTURES, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         COMMON STOCK, $0.001 PAR VALUE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    38168202
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                               WILLIAM W. CHANDLER
- --------------------------------------------------------------------------------
                     CREDIT SUISSE FIRST BOSTON CORPORATION
                                11 MADISON AVENUE
                          NEW YORK, NEW YORK 10010-3629
                                 (212) 325-2911

- --------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)

                                DECEMBER 22, 1998
- --------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.

Note: Six copies of this statement, including all exhibits, should be filed with
the  Commission.  See Rule  13d-1(a) for other  parties to whom copies are to be
sent.

*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
disclosures provided in a prior cover page.

The information required on 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. 38168202             13D               Page 2 of 4 Pages
- --------------------------------                   -----------------------------

- --------------------------------------------------------------------------------
1       NAME OF REPORTING PERSON  
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Credit Suisse First Boston, on behalf of the  Credit Suisse First Boston
        business unit

- ------- ------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
        (See Instructions)(a) |_| (b) |X|
   
- ------- ------------------------------------------------------------------------
3       SEC USE ONLY

- ------- ------------------------------------------------------------------------
4       SOURCE OF FUNDS (See Instructions)
        WC

- ------- ------------------------------------------------------------------------
5       CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 
        TO ITEMS 2(d) or 2(e)  |_|

- ------- ------------------------------------------------------------------------
6       CITIZENSHIP OR PLACE OF ORGANIZATION
        Switzerland

- --------------------- ------ ---------------------------------------------------
                      7      SOLE VOTING POWER
                             17,460,182

                      ------ ---------------------------------------------------
      NUMBER OF       8      SHARED VOTING POWER
       SHARES                0
    BENEFICIALLY
      OWNED BY        ------ ---------------------------------------------------
        EACH          9      SOLE DISPOSITIVE POWER                             
     REPORTING               17,460,182                                         
       PERSON                                                                   
        WITH          ------ ---------------------------------------------------
                      10     SHARED DISPOSITIVE POWER                           
                             0                                                  

- ------- ------------------------------------------------------------------------
11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        17,460,182

- ------- ------------------------------------------------------------------------
12      CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 
        (See Instructions) |_|

- ------- ------------------------------------------------------------------------
13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
        24.39%

- ------- ------------------------------------------------------------------------
14      TYPE OF REPORTING PERSON (See Instructions)
        BK, HC, OO

- --------------------------------------------------------------------------------





     This Amendment No. 1 to Schedule 13D (this  "Amendment No. 1") amends Items
3 and 5 of the Schedule 13D, dated  September 16, 1998 (the  "Original  Schedule
13D"),  filed by the  Reporting  Person to reflect  subsequent  dispositions  of
Common Stock by the Reporting  Person.  Capitalized  terms not otherwise defined
herein shall have the meanings  ascribed to such terms in the Original  Schedule
13D.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

     Item 3 is amended by appending the following:

     On December 22, 1998, Golf Ventures,  Inc. ("the Corporation")  transferred
to Credit Suisse First Boston Mortgage Capital, LLC, ("CSFBMC"),  a wholly-owned
subsidiary of CSFBC, 3,812,000 shares of Common Stock of the Corporation,  which
shares were subsequently  transferred to CSFBC, in consideration of services and
other good and valuable  consideration provided pursuant to the letter agreement
(the "September Letter Agreement")  regarding a structuring  advisory fee, dated
as of September 3 1998,  among CSFBMC,  the Corporation and the  subsidiaries of
the Corporation named therein.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

     Item 5(a) is amended by appending the following:

     As of December 31,1998,  according to the Corporation,  the Corporation had
71,577,442  shares of Common  Stock  outstanding.  The  Reporting  Person is the
beneficial  owner of  17,460,182  shares  of  Common  Stock,  or  24.39%  of the
outstanding Common Stock.

     Item 5(b) is amended by appending the following:

     As of the date of this  Amendment No. 1, the Reporting  Person has the sole
power to vote, or to direct the vote of,  17,460,182  shares of Common Stock and
the sole power to dispose of, or to direct the disposition of, 17,460,182 shares
of Common Stock.

     Item 5(c) is amended by appending the following:

     On December 22, 1998, the Reporting  Person  acquired  3,812,000  shares of
Common Stock pursuant to the September  Letter Agreement on which date the price
of Common Stock closed at $ 0.75 per share.


                               Page 3 of 4 Pages





                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

     Date:  February 9, 1999

                                        CREDIT SUISSE FIRST BOSTON CORPORATION


                                        By: /s/ William M. Chandler
                                            -----------------------
                                            Name:  William M. Chandler
                                            Title:  Director


                               Page 4 of 4 Pages