Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G/A
Under the Securities and Exchange Act of 1934
(Amendment No. )*
RECOVERY ENGINEERING, INC
(Name of Issue)
COMMON
(Title of Class of Securities)
756269106
(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 disclosure
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 in that section of the Act but shall
be subject to all other provisions of the Act
(however, see the
Notes).
Cusip Number: 756269106
13G/A
1. Investment Advisers, Inc.
2. Check the appropriate box if a member of a
group:
(a)[ ] (b) [ X ]
3. SEC Use only
4. Citizenship or place of
organization: Delaware
5. Sole voting power: 428,994
6. Shared voting power: 0
7. Sole Dispositive power: 428,994
8. Shared dispositive power: 0
9. Aggregate amount beneficially owned by each
reporting person: 428,994
10. Percent of class represented by amount in
Row 9: 7.21%
11. Type of Person Reporting*: IA
Item 1. a) Name of Issuer: RECOVERY
ENGINEERING,INC
(b) Address of Issuer's Principal Executive
Offices:
9300 North 75th Ave
MINNEAPOLIS, MN 55428
Item 2. (a) Investment Advisors, Inc.
(b) 3700 First Bank Place, Box 357,
Minneapolis, MN 55440
(c) Delaware
(d) Title of Class of Securities: Common
(e) Cusip Number: 756269106
Item 3 (e) Investment Advisor registered
under Section 203 of the Investment Advisors Act
of 1940.
Item 4. (a) Amount beneficially owned: 428,994
(b) Percent of Class: 7.21%
(c) Number of shares as to which such person
has:
(I) Sole power to vote: 428,994
(ii) Shared power to vote: 0
(iii)Sole power to dispose or direct
disposition of: 428,994
(iv) Shared power to dispose or direct
disposition of: 0
Item 5. 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: [ ]
Item 6. The shares referred to in this filing
are held by various custodian banks for various
clients of Investment Advisors, Inc.
None of the individual clients or custodian
banks holds more than 5% or more of the shares.
Item 7. Not applicable.
Item 8. Not applicable.
Item 9. Not applicable.
Item 10. Certification
By signing below I certify that, to the best of
my knowledge and belief, the securities referred
to above 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 purposes or effect.
After reasonable inquiry and to the best of my
knowledge and belief, I certify
that the infraction set forth in this statement
is true, complete and correct.
Date: 11/6/98
/s/ Kelly Thomas Coughlin
Kelly Thomas Coughlin
Vice President
Director of Compliance
