Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
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: 13G
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: 506494
6. Shared voting power: 0
7. Sole Dispositive power: 506494
8. Shared dispositive power: 0
9. Aggregate amount beneficially owned by each reporting
person: 506494
10. Percent of class represented by amount in Row 9: 8.43
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: 506494
(b) Percent of Class: 8.43
(c) Number of shares as to which such person has:
(I) Sole power to vote: 506494
(ii) Shared power to vote: 0
(iii) Sole power to dispose or direct disposition of:
506494
(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: 1/29/99
/s/ Kelly Thomas Coughlin
Kelly Thomas Coughlin
Vice President
Director of Risk Management
