UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)
Datakey, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
237909 10 6
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] 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).
13G
CUSIP NO. 237909 10 6
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Corporation
Tax Identification No. 41-0449260
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF (5) SOLE VOTING POWER
SHARES 68,000(1)
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON (8) SHARED DISPOSITIVE POWER
WITH 0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
68,000(1)
10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 5%
12) TYPE OF REPORTING PERSON*
HC
_________________________
(1) Includes 68,600 shares held for the Okabena Partnership, with
respect to a portion of whose assets Norwest Bank Minnesota,
National Association, acts as custodian.
13G
CUSIP NO. 237909 10 6
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Bank Minnesota, National Association
Tax Identification No. 41-0451159
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota
NUMBER OF (5) SOLE VOTING POWER
SHARES 68,600(1)
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 0
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON (8) SHARED DISPOSITIVE POWER
WITH 0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
68,600(1)
10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 5%
12) TYPE OF REPORTING PERSON*
BK
_________________________
(1) Includes 68,600 shares held for the Okabena Partnership, with
respect to a portion of whose assets Norwest Bank Minnesota,
National Association, acts as custodian.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)
DISCLAIMER: Information in this Schedule 13G is provided solely for
the purpose of complying with Sections 13(d) and 13(g) of the Act and
regulations promulgated thereunder, and is not to be construed as an
admission that Norwest Corporation or any of its subsidiaries which
join Norwest Corporation in disclaiming beneficial ownership is the
beneficial owner of the securities covered by this Schedule 13G for any
purpose whatsoever.
Item 1(a) Name of Issuer:
Datakey, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
407 West Travelers Trail
Burnsville, MN 55337
Item 2(a) Name of Person Filing:
1. Norwest Corporation
2. Norwest Bank Minnesota, National Association ("NBM")
This statement is filed by Norwest Corporation on behalf of
all of the persons listed above pursuant to Rule 13d-1(c)
and Rule 13d-1(f).
Item 2(b) Address of Principal Business Office:
1. Norwest Corporation
Norwest Center
Sixth and Marquette
Minneapolis, MN 55479-1026
2. Norwest Bank Minnesota, National Association
Norwest Center
Sixth and Marquette
Minneapolis, MN 55479-0001
Item 2(c) Citizenship:
1. Norwest Corporation: Delaware
2. NBM: United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
237909 10 6
Item 3 Norwest Corporation is a Parent Holding Company in
accordance with Section 240.13d-1(b)(1)(ii)(G).
Item 4 Ownership:
(a) Amount beneficially owned: 68,600(1) shares
(consists solely of shares deemed to be beneficially
owned by Norwest Corporation through its subsidiaries)
(b) Percent of class: Less than 5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
68,600(1)
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or direct the disposition
of: 0
Each of Norwest Corporation and NII disclaim beneficial
ownership of, and the filing of this statement shall not
be construed as an admission that they are beneficial owners
of, the shares covered by this statement for purposes of
Sections 13, 14, or 16 of the Act.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as
of the date hereof the reporting persons have ceased to be
beneficial owners of more than five percent of the class of
securities, check the following [X].
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:
See Attachment A.
________________________
(1) Includes 68,600 shares held for the Okabena Partnership, with
respect to a portion of whose assets Norwest Bank Minnesota,
National Association, acts as custodian.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
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.
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: August 6, 1998
NORWEST CORPORATION
By: /s/ Laurel A. Holschuh
Laurel A. Holschuh, Senior Vice President
and Secretary
ATTACHMENT A
The Schedule 13G to which this attachment is appended is filed on
behalf of the subsidiaries listed below. Norwest Bank Minnesota,
National Association (NBM) is classified as a bank in accordance with
Regulation 13d-1(b)(1)(ii)(B). Lindeberg Financial Corporation,
Norwest Holding Company, and Norwest AMG, Inc. (together, the
"Intermediate Holding Companies"), are classified as parent holding
companies in accordance with Regulation 240.13d-(b)(1)(ii)(G) and are
wholly owned subsidiaries of Norwest Corporation. Norwest Corporation
owns 78.71% of NBM. The remaining 21.29% of NBM is owned by the
Intermediate Holding Companies.
Norwest AMG, Inc.
Lindeberg Financial Corporation
Norwest Bank Minnesota, National Association
Norwest Holding Company
