META GROUP INC
SC 13G, 1999-02-16
ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 193

                               (Amendment No. 3)*


                                META Group, Inc.
- -----------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, $.0.1 par value
- -----------------------------------------------------------------------------
                          (Title of Class of Securities)

                                                        
                                  591002 10 0
                          -------------------------------                   
                                (CUSIP Number)
                          

                               March 5, 1998 
                          --------------------------------
              (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

         (  )      Rule 13d-1(b)
         (  )      Rule 13d-1(c)
         ( X)      Rule 13d-1(d)

*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).

                               Page  1 of 5
<PAGE>
  


- ------------------------------                       ---------------------------
CUSIP No.  591002 10 0                13G            Page    2   of   5  Pages
                                                   
- --------------------------------------------------------------------------------
  1     NAMES OF REPORTING PERSONS
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)


        Dale Kutnick

- --------------------------------------------------------------------------------
  2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                     (a) (  )
                                                                     (b) (  )

- --------------------------------------------------------------------------------
 3      SEC USE ONLY

- --------------------------------------------------------------------------------
 4      CITZENSHIP OR PLACE OF ORGANIZATION

        United States
- --------------------------------------------------------------------------------
                    5      SOLE VOTING POWER
           
 NUMBER OF                 1,520,113
 
  SHARES                   -----------------------------------------------------
                          
BENEFICIALLY        6      SHARED VOTING POWER
      
 OWNED BY                  0 Shares

  EACH                     -----------------------------------------------------
   
 REPORTING          7      SOLE DISPOSITIVE POWER
       
  PERSON                   1,520,113

  WITH:                      
                           ----------------------------------------------------
                   
                    8      SHARED DISPOSITIVE POWER

                           0 Shares

- --------------------------------------------------------------------------------
 9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        1,520,113

- --------------------------------------------------------------------------------
10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
       (SEE INSTRUCTIONS) (  )


- --------------------------------------------------------------------------------
11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        13.1%

- --------------------------------------------------------------------------------
12     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

       IN

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

<PAGE> 3 of 5




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 in accordance with 240.13d-1(b)(1)
                      (ii)(E).

              (f) ( ) An employee benefit plan,  or endowment fund in accordance
                      with 240.13d-1(b)(1)(ii)(F). 

              (g) ( ) A Parent  Holding   Company, in accordance with  
                      240.13d-1(b)(1)(ii)(G).

              (h) ( ) A savings association as defined in Section 3(b)of the
                      Federal Deposit Insurance Act.

              (i) ( ) A church plan that is excluded from the definition of an
                      investment company under section 3(c)(14) of the
                      Investment Company Act of 1940.

              (j) ( ) Group, in accordance with 240.13d-1(b)(1)(ii)(J).

 
                   NOT APPLICABLE             
                  
         
Item 4.       Ownership.
              ----------

              (a) Amount Beneficially Owned: Dale Kutnick is the record owner
                  of 1,488,238 shares as of December 31, 1998 and holds 
                  options to purchase 97,500 shares of which 31,875 shares
                  are exercisable within 60 days after December 31, 1998.
                     
<PAGE>  4 of 5
                     
              (b) Percent  of  Class:  13.1%.  The  foregoing   percentage is
                  calculated  based on the 11,586,019  shares of Common Stock
                  reported  to be  outstanding  as of October 31, 1998 in the
                  Quarterly  Report on Form 10-Q of META Group,  Inc. for the
                  period ended September 30, 1998, 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:1,520,113 shares.

                  (ii) shared  power to vote or to direct the vote: 0 shares.

                  (iii)sole power to  dispose or to direct the  disposition
                       of: 1,520,113 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.  Not filed pursuant to Rule 13d-1 (b) or (c).

<PAGE> 5 of 5 

                                    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.

                                                 2/10/99
                                -----------------------------------------------
                                                  Date                    
                                                           
                                                                        
                  
                                 /s/ Dale Kutnick  
                                 --------------------------------------------  
                                              Signature

                                Dale Kutnick/President, Chief Executive Officer,
                                Co-Research Director and Chairman of the Board 
                                -----------------------------------------------
                                                  Name/Title
           




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