January 30, 1998

SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, NW
Judiciary Plaza
Washington, DC  20549

Re:  Schedule 13G-Factset Research Systems, Inc.

Dear Sir or Madam:

We are hereby transmitting by Edgar Amendment No. 1 to Schedule 13G on behalf of
Waddell & Reed, Inc.

If you have any questions concerning the Schedule 13G filing, please call me at
(913)236-1923.

Very truly yours,



Kristen Richards
Staff Attorney

KR/fr

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... Waddell & Reed, Inc. -43-1235675 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Delaware ___________________________________________________________________ Number of (5) Sole Voting Power......631,000...... Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power....631,000... Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person........................631,000.............. ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.6% ___________________________________________________________________ 12) Type of Reporting Person............BD................... __________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... Waddell & Reed Investment Management Company-48-1106973 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Delaware ___________________________________________________________________ Number of (5) Sole Voting Power......575,000...... Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power....575,000... Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person........................575,000.............. ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.0% ___________________________________________________________________ 12) Type of Reporting Person............IA................... __________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... Waddell & Reed Financial Services, Inc. -43-1414157 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Missouri ___________________________________________________________________ Number of (5) Sole Voting Power......631,000...... Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power....631,000... Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person..........................631,000........... ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.6% ___________________________________________________________________ 12) Type of Reporting Person............HC................... __________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... Torchmark Corporation -63-0780404 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Delaware ___________________________________________________________________ Number of (5) Sole Voting Power......631,000...... Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power.....631,000.. Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person........................631,000.............. ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.6% ___________________________________________________________________ 12) Type of Reporting Person............HC................... __________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... United Investors Management Company -51-0261715 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Delaware ___________________________________________________________________ Number of (5) Sole Voting Power....631,000........ Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power....631,000... Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person......................631,000............... ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.6% ___________________________________________________________________ 12) Type of Reporting Person............HC................... __________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No. 1 Factset Research Systems, Inc. ___________________________________________________________________ (Name of Issuer) Common __________________________________________________________________ (Title of Class of Securities) 303075-10-5 __________________________________________________________________ (CUSIP Number) Check the following Box if a fee is being paid with this statement.............[__] 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons.................................... Liberty National Life Insurance Company -63-0124600 ___________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (a).......................................................[__] (b).......................................................[X_] ___________________________________________________________________ 3) SEC Use Only............................................. ___________________________________________________________________ 4) Citizenship or Place of Organization..................... Alabama ___________________________________________________________________ Number of (5) Sole Voting Power......631,000...... Shares Bene- (6) Shared Voting Power................. ficially (7) Sole Dispositive Power.....631,000.. Owned by (8) Shared Dispositive Power............ Each Reporting Person With 9) Aggregate Amount Beneficially Owned by Each Reporting Person.........................631,000............. ___________________________________________________________________ 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares........................................... ___________________________________________________________________ 11) Percent of Class Represented by Amount in Row (9)..........................................6.6% ___________________________________________________________________ 12) Type of Reporting Person............IC................... __________________________________________________________________

SCHEDULE 13G Item 1(a) Name of Issuer: Factset Research Systems, Inc. .............................................................. Item 1(b) Address of Issuer's Principal Executive Offices: One Greenwich Plaza, Greenwich, CT 06830 .............................................................. Item 2(a) Name of Person Filing: Torchmark Corporation .............................................................. Item 2(b) Address of Principal Business Office or, if none, Residence: 2001 Third Avenue South Birmingham, AL 35233 .............................................................. Item 2(c) Citizenship: Delaware .............................................................. Item 2(d) Title of Class of Securities: Common .............................................................. Item 2(e) CUSIP Number: 303075-10-5 .............................................................. Item 3 Person filing is: (h)[x]Group, in accordance with 240.13d-1(b)(1)(ii)(H) Item 4 Ownership If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially Owned: 631,000 .............................................................. (b) Percent of Class: 6.6% .............................................................. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote...631,000.. (ii) shared power to vote or to direct the vote.......... (iii) sole power to dispose or to direct the disposition of........................................631,000... (iv) shared power to dispose or to direct the disposition of...................................... Item 5 Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ..............................[__] Item 6 Ownership of More than Five Percent on Behalf of Another Person Not Applicable Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By The Parent Holding Company See Attached Exhibit 2 Item 8 Identification and Classification of Members of the Group See attached Exhibit 3 Item 9 Notice of Dissolution of Group Not Applicable 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 for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose 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. Date: January 30, 1998 ...................... Waddell & Reed Inc. Waddell & Reed Financial Services, Inc. /s/ Sharon K. Pappas /s/ Sharon K. Pappas ............................ ............................ Sharon K. Pappas Sharon K. Pappas Senior Vice President Vice President Name/Title Name/Title Waddell & Reed Investment Liberty National Life Insurance Management Company Company /s/ Sharon K. Pappas /s/ William C. Barclift* ............................ ............................ Sharon K. Pappas William C. Barclift Senior Vice President Executive Vice President Name/Title Name/Title Torchmark Corporation United Investors Management Company /s/ William C. Barclift* /s/ Michael J. Klyce* ............................ ............................. William C. Barclift Michael J. Klyce Vice President Treasurer Name/Title Name/Title * By: /s/ Sharon K. Pappas ............................ Sharon K. Pappas Attorney-in-Fact

EXHIBIT INDEX Exhibit No. Description 1 Joint Filing Agreement 2 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company 3 Identification and Classification of Members of the Group 4 Power of Attorney

EXHIBIT 1 JOINT FILING AGREEMENT Torchmark Corporation, Liberty National Life Insurance Company, United Investors Management Company, Waddell & Reed Financial Services, Inc., Waddell & Reed, Inc., Waddell & Reed Investment Management Company and Waddell & Reed Asset Management Company (the "Filing Persons"), hereby agree to file jointly a Schedule 13G and any amendments thereto relating to the aggregate ownership by each of the Filing Persons of any voting equity security of a class which is registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, as required by Rule 13d-1 and Rule 13d-2 promulgated under the Securities Exchange Act of 1934. Each of the Filing Persons agrees that the information set forth in such Schedule 13G and any amendments thereto with respect to such Filing Person will be true, complete and correct as of the date of such Schedule 13G or such amendment, to the best of such Filing Person's knowledge and belief, after reasonably inquiry. Each of the Filing Persons makes no representations as to the accuracy or adequacy of the information set forth in the Schedule 13G or any amendments thereto with respect to any other Filing Person. Each of the Filing Persons shall promptly notify the other Filing Persons if any of the information set forth in the Schedule 13G or any amendments thereto shall become inaccurate in any material respect or if said person learns of information that would require an amendment to the Schedule 13G. IN WITNESS WHEREOF, the undersigned have set their hands this 9th day of February, 1996. TORCHMARK CORPORATION LIBERTY NATIONAL LIFE INSURANCE COMPANY By: /s/ Carol A. McCoy By: /s/ Carol A. McCoy Name: Carol A. McCoy Name: Carol A. McCoy Title: Associate Counsel, Secretary Title: Assistant Secretary UNITED INVESTORS MANAGEMENT WADDELL & REED, INC. COMPANY By: /s/ Carol A. McCoy By: /s/ Sharon K. Pappas Name: Carol A. McCoy Sharon K. Pappas Title: Assistant Secretary Senior Vice President WADDELL & REED, FINANCIAL WADDELL & REED ASSET SERVICES, INC. MANAGEMENT COMPANY By: /s/ Sharon K. Pappas By: /s/ Sharon K. Pappas Sharon K. Pappas Sharon K. Pappas Vice President Secretary WADDELL & REED INVESTMENT MANAGEMENT COMPANY By: /s/ Sharon K. Pappas Sharon K. Pappas Senior Vice President

EXHIBIT 2 Waddell & Reed Investment Management Company - Tax ID No. 48-1106973 Investment Advisor registered under Section 203 of the Investment Advisor's Act of 1940

EXHIBIT 3 Waddell & Reed, Inc. - Tax ID No. 43-1235675 Broker-Dealer registered under Section 15 of the Securities Exchange Act of 1934 Waddell & Reed Investment Management Company - Tax ID No. 48-1106973 Investment Advisor registered under Section 203 of the Investment Advisor's Act of 1940 Waddell & Reed Financial Services, Inc. - Tax ID No. 43-1414157 Parent Holding Company United Investors Management Company - Tax ID No. 51-0261715 Parent Holding Company Liberty National Life Insurance Company - Tax ID No. 63-0124600 Insurance Company as defined in Section 3(a)(19) of The Securities Exchange Act of 1934 Torchmark Corporation - Tax ID No. 63-0780404 Parent Holding Company

EXHIBIT 4 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, THAT: The undersigned United Investors Management Company, a corporation organized and existing under the laws of the State of Delaware, constitutes and appoints Sharon Pappas, Robert L. Hechler and Sheryl Strauss and each of them severally, its true and lawful attorneys-in-fact on behalf of the corporation and in its, place and stead, in any and all capacities, to execute any and all Schedules 13G or 13D and any amendments thereto relating to ownership of any voting equity security of a class which is registered pursuant to Section 12 of the Securities Exchange act of 1934, as amended, as required by rules and regulations promulgated under said Securities Exchange Act of 1934, and to file the same with all documents required in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done and hereby ratifying and confirming all said attorneys-in-fact and agents or any of them or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the corporation has caused this power of attorney to be executed in its corporate name by its Treasurer and its Assistant Secretary corporate seal to be affixed hereto on February 9, 1996. UNITED INVESTORS MANAGEMENT COMPANY By: /s/ Michael J. Klyce Treasurer Attest: /s/ Carol A. McCoy Assistant Secretary

POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, THAT: The undersigned Liberty National Life Insurance Company, a corporation organized and existing under the laws of the State of Alabama, constitutes and appoints Sharon Pappas, Robert L. Hechler and Sheryl Strauss and each of them severally, its true and lawful attorneys-in-fact on behalf of the corporation and in its, place and stead, in any and all capacities, to execute any and all Schedules 13G or 13D and any amendments thereto relating to ownership of any voting equity security of a class which is registered pursuant to Section 12 of the Securities Exchange act of 1934, as amended, as required by rules and regulations promulgated under said Securities Exchange Act of 1934, and to file the same with all documents required in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done and hereby ratifying and confirming all said attorneys-in-fact and agents or any of them or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the corporation has caused this power of attorney to be executed in its corporate name by its Executive Vice President and its Assistant Secretary corporate seal to be affixed hereto on February 9, 1996. LIBERTY NATIONAL LIFE INSURANCE COMPANY By: /s/William C. Barclift Executive Vice President Attest: /s/ Carol A. McCoy Assistant Secretary

POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, THAT: The undersigned Torchmark Corporation, a corporation organized and existing under the laws of the State of Delaware, constitutes and appoints Sharon Pappas, Robert L. Hechler and Sheryl Strauss and each of them severally, its true and lawful attorneys-in-fact on behalf of the corporation and in its, place and stead, in any and all capacities, to execute any and all Schedules 13G or 13D and any amendments thereto relating to ownership of any voting equity security of a class which is registered pursuant to Section 12 of the Securities Exchange act of 1934, as amended, as required by rules and regulations promulgated under said Securities Exchange Act of 1934, and to file the same with all documents required in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done and hereby ratifying and confirming all said attorneys-in- fact and agents or any of them or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, the corporation has caused this power of attorney to be executed in its corporate name by its Vice President and its Secretary corporate seal to be affixed hereto on February 9, 1996. TORCHMARK CORPORATION By: /s/ William C. Barclift Vice President Attest: /s/ Carol A. McCoy Secretary