UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
META Group, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
591002 10 0
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(CUSIP Number)
*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 prior 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).
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dale Kutnick
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ( )
(b) ( )
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
5. SOLE VOTING POWER
NUMBER OF 997,159 shares.
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0 shares.
EACH
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 997,159 shares.
WITH
8. SHARED DISPOSITIVE POWER
0 shares.
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
997,159 shares.
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*( )
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.5%
12. TYPE OF REPORTING PERSON *
IN
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Item 1(a). Name of Issuer: META Group, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
208 Harbor Drive
Stamford, CT 06912
Item 2(a). Name of Person Filing: Dale Kutnick.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the principal business office of Dale Kutnick is
c/o META Group, Inc., 208 Harbor Drive, Stamford, CT 06912.
Item 2(c). Citizenship: United States.
Item 2(d). Title of Class of Securities: Common Stock, $.01 par value.
Item 2(e). CUSIP Number: 591002 10 0
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) ( ) Broker or dealer registered under Section 15 of the
Securities Exchange Act of 1934 (the "Act").
(b) ( ) Bank as defined in Section 3(a)(6) of the Act.
(c) ( ) Insurance Company as defined in Section 3(a)(19) of the
Act.
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act of 1940.
(e) ( ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940.
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)
(F) of the Act.
(g) ( ) Parent Holding Company, in accordance with Rule 13d-1(b)
(ii)(G) of the Act.
(h) ( ) Group, in accordance with Rule 13d-1(b)(1)(ii)(H) of
the Act.
Not applicable. This Schedule 13G is not being filed pursuant to
Rule 13d-1(b) or 13d-2(b).
Item 4. Ownership.
(a) Amount Beneficially Owned: Dale Kutnick is the record owner of
992,159 shares as of December 31, 1997 and holds options to
purchase 40,000 shares of which 5,000 shares are exercisable
within 60 days after December 31, 1997.
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(b) Percent of Class: 13.5%. The foregoing percentage is calculated
based on the 7,391,355 shares of Common Stock reported to be
outstanding as of October 31, 1997 in the Quarterly Report on
Form 10-Q of META Group, Inc. for the period ended September 30,
1997, as adjusted pursuant to Rule 13d-3(d)(1).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 997,159 shares.
(ii) shared power to vote or to direct the vote: 0 shares.
(iii) sole power to dispose or to direct the disposition of:
997,159 shares.
(iv) shared power to dispose or to direct the disposition of:
0 shares.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable. This statement on Schedule 13G is not filed
pursuant to Rule 13d-1(b).
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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
/s/Dale Kutnick
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Signature
Dale Kutnick/President,
Chief Executive Officer and Director
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Name/Title
