BARRA INC /CA
8-K, 1998-06-18
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 13 OR 15(d) OF THE 
                          SECURITIES EXCHANGE ACT OF 1934
                                          
                                          
          Date of report (Date of earliest event reported):  JUNE 17, 1998
                                          
                                          


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







        CALIFORNIA                    000-19690                 94-2993326
(State or Other Jurisdiction    (Commission File Number)    (I.R.S. Employer
 of Incorporation)                                          Identification No.)


     
2100 MILVIA STREET,  BERKELEY,  CA                               94704-1113
(Address of Principal Executive Offices)                         (Zip Code)


Registrant's telephone number, including area code:    (510) 548-5442 


                                        NONE
           (Former Name or Former Address, if Changed Since Last Report)

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ITEM 5.  OTHER EVENTS.

     Reference is made to the press release of the Registrant issued on June 
18, 1998, which contains information meeting the requirements of this Item 5, 
and which is incorporated herein by this reference.  A copy of this press 
release is attached to this From 8-K as Exhibit 99.1.

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                                     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.

                                        BARRA, INC.
     


Date:  June 18, 1998                     By:  /S/ JAMES D. KIRSNER
                                           ------------------------------------
                                           Name:    James D. Kirsner
                                           Title:   Chief Financial Officer

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                                   EXHIBIT INDEX
                                          
EXHIBITS                                          PAGE NUMBER

99.1           Press Release dated June 18, 1998.


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                                    EXHIBIT 99.1

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FOR IMMEDIATE RELEASE

CONTACT:
Aamir Sheikh               Richard Moran
Director,                  President
Enterprise Wide Risk       and Chief Executive Officer
Management Services        Redpoint Software, Inc.
BARRA, Inc.                508.870.0070
510.548.5442

Jennifer Hinchman          Pamela Nezil
Manager, Corporate         Director of Marketing
Communications             Redpoint Software, Inc.
BARRA, Inc.                508.870.5796
510.649.4548


BARRA ANNOUNCES CLOSE OF ACQUISITION
OF ENTERPRISE RISK MANAGEMENT
FIRM REDPOINT SOFTWARE, INC.

Berkeley, Calif., June 18, 1998-BARRA, Inc. (NASDAQ: BARZ), a leading provider
of innovative analytical software and data, consulting, and money management
services, today announced the closing of the acquisition of substantially all of
the assets and certain liabilities of Redpoint Software, Inc., a leading
supplier of integrated risk management solutions and enterprise wide data
management systems.   The purchase is for approximately $5.5 million in cash,
plus contingent payments of up to an additional $12.5 million over a period of
two years following the closing, based upon the financial performance of the
acquired assets.  The acquisition will be accounted for using the purchase
method of accounting.

BARRA, founded in 1975, provides innovative analytical models, software,
consulting, investment data and money management services that enable its
clients worldwide to make superior investment and trading decisions.  Based in
Berkeley, Calif., BARRA also has offices in major financial centers throughout
the world. Information on BARRA is also available on-line at
http://www.barra.com.

Each statement in this news release containing any form of the word "will" is a
forward-looking statement that may involve a number of risk factors and
uncertainties.  Among other factors that could cause actual results to differ
materially are the following: the difficulties or delays in integrating the
BARRA and Redpoint product lines or planned product releases.  For more
information on potential factors, please refer to the Company's SEC filings,
copies of which are available from the Company without charge or which can be
found on-line at the Company's URL listed above.

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