TELESCAN INC
POS AM, 1996-07-12
PREPACKAGED SOFTWARE
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      AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 12, 1996
                                                       REGISTRATION NO. 33-52182
- --------------------------------------------------------------------------------

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

                         POST-EFFECTIVE AMENDMENT NO. 6
                                       to
                                    FORM S-1

                        REGISTRATION STATEMENT UNDER THE
                             SECURITIES ACT OF 1933

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

                                 TELESCAN, INC.
             (Exact name of registrant as specified in its charter)

           DELAWARE                                         7373
(State or other jurisdiction of                (Primary Standard Industrial
 incorporation or organization)                 Classification Code Number)

                                   72-1121748
                      (I.R.S. Employer Identification No.)

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

                        5959 CORPORATE DRIVE, SUITE 2000
                            HOUSTON, TEXAS 77036-2305
                                 (713) 588-9700
    (Address, including zip code, and telephone number, including area code,
       of registrant's principal executive offices and place of business)

                               ROGER C. WADSWORTH
                              SENIOR VICE PRESIDENT
                        5959 CORPORATE DRIVE, SUITE 2000
                            HOUSTON, TEXAS 77036-2305
                                 (713) 588-9700
            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)

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

                                   Copies to:
                                  GENE G. LEWIS
                  LIDDELL, SAPP, ZIVLEY, HILL & LABOON, L.L.P.
                            3400 TEXAS COMMERCE TOWER
                              HOUSTON, TEXAS 77002
                                 (713) 226-1200

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

        APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
   As soon as practicable after this Registration Statement becomes effective.

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

   If any of the securities being registered on this form are to be offered on a
delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, check the following box. [X]

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

   THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL
FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF
THE SECURITIES ACT OF 1933, OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(A),
MAY DETERMINE.

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

   This Post-Effective Amendment No. 6 is filed for the purpose of deregistering
2,388,683 shares of the common stock, par value $.01 per share (the "Common
Stock") of Telescan, Inc. (the "Company") heretofore registered and offered
pursuant to the terms of the Prospectus dated December 7, 1994. The remaining
2,775,800 shares of Common Stock registered pursuant to Post-Effective Amendment
No. 5 to this Registration Statement have been offered and sold in accordance
with the Prospectus.

   The offering under such Registration Statement, as amended, has been
terminated. The Company therefore requests the deregistration of the unsold
shares of Common Stock registered pursuant to this Registration Statement as
soon as is practicable after the date of the filing of this Post-Effective
Amendment No. 6.

                                   SIGNATURES

   Pursuant to the requirements of the Securities Act of 1933, the Registrant
has duly caused this Post-Effective Amendment No. 6 to its registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Houston, State of Texas, on July 11, 1996.

                                    TELESCAN, INC.

                                    By:   /s/ DAVID L. BROWN
                                          David L. Brown, Chairman of the
                                          Board and Chief Executive Officer

   PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THIS
POST-EFFECTIVE AMENDMENT NO. 6 TO REGISTRATION STATEMENT HAS BEEN SIGNED BELOW
BY THE FOLLOWING PERSONS IN THE CAPACITIES AND ON THE DATE INDICATED.

<TABLE>
<CAPTION>

    SIGNATURE                              TITLE                                 DATE
    ---------                              -----                                 ----
<S>                         <C>                                              <C>
/s/ DAVID L. BROWN          Chairman of the Board, Chief Executive Officer   July 11, 1996
David L. Brown              and Director (Principal Executive Officer)

/s/ RICHARD K. CARLIN       Senior Vice President and Director               July 11, 1996
Dr. Richard K. Carlin

/s/ KAREN R. FOHN           Chief Financial Officer (Principal Financial     July 11, 1996
Karen R. Fohn               Officer and Principal Accounting Officer)

/s/ ROGER C. WADSWORTH      Senior Vice President and Director               July 11, 1996
Roger C. Wadsworth

______________________      Director                                         July __, 1996
J. Joseph Ricketts

/s/ RONALD W. HART *        Director                                         July 11, 1996
Dr. Ronald W. Hart

______________________      Director                                         July __, 1996
Burt H. Keenan

______________________      Director                                         July __, 1996
G. Robert Friedman

______________________      Director                                         July __, 1996
William D. Savoy

/s/ STEPHEN C. WOOD *       Director                                         July 11, 1996
Stephen C. Wood
</TABLE>

* By: /s/ DAVID L. BROWN
      David L. Brown, Attorney in Fact



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