BI INC
10-Q/A, 1997-10-29
MISCELLANEOUS BUSINESS SERVICES
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC  20549
 
                                   FORM 10-Q/A
 
        [x]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
             EXCHANGE ACT OF 1934
 
        For the quarterly period ended September 30, 1997
                                       ------------------

                                      OR
 
        [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
             EXCHANGE ACT OF 1934
 
        For the transition period from _____________ to _______________
 
        Commission file number 0-12410
                               -------

                                BI Incorporated
                 --------------------------------------------
                (Exact name of issuer as specified in charter)
 
          Colorado                                       84-0769926
- -------------------------------                      -------------------
(State or other jurisdiction of                       (I.R.S. Employer 
 incorporation or organization)                      Identification No.) 
 

                     6400 Lookout Road, Boulder, Colorado
                     -------------------------------------
                                     80301
                             --------------------
                   (Address of principal executive offices)
                                  (Zip Code)

                                (303) 530-2911
              ---------------------------------------------------
             (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes  X    No
                                       -----    -----

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.  The number of shares of no par
value common stock outstanding at October 24, 1997 is 7,436,888.


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