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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________)*
INDIVIDUAL INVESTOR GROUP, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
455907105
(CUSIP Number)
SEPTEMBER 30, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] 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
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.
<PAGE>
SCHEDULE 13G
CUSIP NO. 455907105 PAGE 2 OF 4 PAGES
________________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Telescan, Inc.
13-3487784
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
|
| 5 SOLE VOTING POWER
NUMBER OF | 1,147,432
SHARES | ------------------------------------------------------------
BENEFICIALLY | 6 SHARED VOTING POWER
OWNED BY | -0-
EACH | ------------------------------------------------------------
REPORTING | 7 SOLE DISPOSITIVE POWER
PERSON | 1,147,432
WITH | ------------------------------------------------------------
| 8 SHARED DISPOSITIVE POWER
| -0-
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,147,432
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.1%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON*
CO - Corporation
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 2 of 4 Pages
<PAGE>
This Schedule 13G is filed by Telescan, Inc. with respect to the shares of
common stock of Individual Investor Group, Inc.
ITEM 1(A). NAME OF ISSUER:
Individual Investor Group, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
125 Broad Street, 14th Floor
New York, NY 10004
ITEM 2(A). NAME OF PERSON FILING
Telescan, Inc.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
5959 Corporate Drive, Suite 2000
Houston, TX 77036
ITEM 2(C). CITIZENSHIP
Delaware
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2(E). CUSIP NO.
455907105
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
N/A
If this statement is filed pursuant to Rule 13d-1(c), Check this
box. [X]
ITEM 4. OWNERSHIP
(a) Amount beneficially owned: 1,147,432
(b) Percent of class: 11.1%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote: 1,147,432
(ii) shares power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition:
1,147,432
(iv) shares power to dispose or to direct the disposition: 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
N/A
Page 3 of 4 Pages
<PAGE>
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N/A
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the 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.
Telescan, Inc.
October 8, 1999
By: /s/ ROGER C. WADSWORTH
Roger C. Wadsworth
Senior Vice President
Page 4 of 4 Pages
