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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. ________)*
FREEREALTIME.COM, INC.
---------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
---------------------------------------------------------------
(Title of Class of Securities)
356870105
------------------------------------------------------
(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)
[ ] 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. 356870105 Page 2 of 4 Pages
- --------------------------------------------------------------------------------
| 1 | NAMES 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 | | 600,000
SHARES ---------------------------------------------------------
BENEFICIALLY | 6 | SHARED VOTING POWER
OWNED BY | | -0-
EACH ---------------------------------------------------------
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | | 600,000
WITH ---------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| | -0-
- --------------------------------------------------------------------------------
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |
| | 600,000
- --------------------------------------------------------------------------------
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
| |
| | [ ]
- --------------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |
| | 8.7%
- --------------------------------------------------------------------------------
| 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 FreeRealTime.com, Inc.
ITEM 1(A). NAME OF ISSUER:
Freerealtime.com, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
3333 Michelson Drive, Suite 430
Irvine, California 92612
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.
356870105
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
N/A
ITEM 4. OWNERSHIP
(a) Amount beneficially owned: 600,000
(b) Percent of class: 8.7%
(c) Number of shares as to which such person has
(i) sole power to vote or to direct the vote: 600,000
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition: 600,000
(iv) shared 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
N/A
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.
March 20, 2000
By: /s/ ROGER C. WADSWORTH
Roger C. Wadsworth
Senior Vice President
Page 4 of 4 Pages
