TELESCAN INC
8-K, 2000-08-18
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 12 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                Date of Report (Date of earliest event reported):
                        August 18, 2000 (August 16, 2000)


                                 TELESCAN, INC.
--------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

DELAWARE                             000-17508               72-1121748
--------------------------------------------------------------------------------
(State or Other Juris-            (Commission File        (IRS Employer
diction of Incorporation)             Number)            Identification No.)



5959 CORPORATE DRIVE, SUITE 2000, HOUSTON, TEXAS               77036
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(Address of principal executive offices)                     (Zip Code)

       Registrant's telephone number, including area code: (281) 588-9700

                                       N/A
--------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


                                Page 1 of 4 Pages
                        (Exhibit Index appears on page 4)

                                     - 1 -
<PAGE>
Item 5.  Other Events

On August 16, 2000, Telescan, Inc. entered into a merger agreement with
GlobalNetFinancial.com, Inc. Additional information with respect to the
transactions described herein is included in the press release issued by the
Company on August 17, 2000 attached hereto as Exhibit 99.1

Item 7.  Financial Statements and Exhibits.


(c)  EXHIBIT NO.        DESCRIPTION
     -----------        -----------

      99.1              Press Release dated August 17, 2000.

                                      -2-
<PAGE>
                                   SIGNATURES



            Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                    TELESCAN, INC.



Date:  August 18, 2000              By: /s/ ROGER C. WADSWORTH
                                    Name:   Roger C. Wadsworth
                                    Title:  Senior Vice President

                                      -3-
<PAGE>
                   EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K

                                     EXHIBIT




      99.1              Press Release dated August 17, 2000

                                      - 4 -


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