<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 10-Q


  X      Quarterly Report pursuant to Section 13 or 15 (d) of the Securities
-----    Exchange Act of 1934 for the quarterly period ended March 31, 1998

                                       or

         Transition Report pursuant to Section 13 or 15 (d) of the Securities
-----    Exchange Act of 1934 for the transition period from 
         to                                                  ------------------
             ---------------------------------------------

Commission file number 0-27056


                    Healthdyne Information Enterprises, Inc.
                    ----------------------------------------
             (Exact name of registrant as specified in its charter)

           Georgia                                           58-2112366
-------------------------------------------------------------------------------
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                            Identification No.)


1850 Parkway Place, Suite 1100,  Marietta,  Georgia           30067
-------------------------------------------------------------------------------
       (Address of principal executive offices)            (Zip Code)

                                 (770) 423-8450
--------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                             YES     X                 NO
                                   -----                    ----

The number of shares outstanding of the issuer's only class of Common Stock,
$.01 par value, as of April 30, 1998 was 21,020,953.

                       Exhibit Index is on Page 14 herein.

<PAGE>   2






                         PART I - FINANCIAL INFORMATION
                          Item 1. Financial Statements
            Healthdyne Information Enterprises, Inc. and Subsidiaries
                      Consolidated Condensed Balance Sheets
                    (in thousands, except per share amounts)

<TABLE>
<CAPTION>
                                                                                  March 31,    December 31,
                                                                                    1998           1997
                                                                                  ---------    ------------
                                                                                         (Unaudited)
<S>                                                                           <C>            <C>     
                                     Assets
Current assets:
     Cash and cash equivalents                                                    $  4,146       $  7,732
     Trade accounts receivable, less allowance of $376 and $407 at
          March 31, 1998 and December 31, 1997, respectively                         6,657          5,628
     Other current assets                                                            1,442          1,338
                                                                                  --------       --------
          Total current assets                                                      12,245         14,698

Notes receivable                                                                       341            335
Purchased software, net of accumulated amortization of $915 and $778
     at March 31, 1998 and December 31, 1997, respectively                           1,942          2,397
Capitalized software, net of accumulated amortization of $158 and $122 at
     March 31, 1998 and December 31, 1997, respectively                                780            564
Property and equipment, net of accumulated depreciation of $1,147 and
     $1,013 at March 31, 1998 and December 31, 1997, respectively                    1,644          1,474
Excess of cost over net assets of businesses acquired, less
     accumulated amortization of $2,113 and $1,939 at March 31, 1998
     and December 31, 1997, respectively                                             8,329          8,503
Other assets                                                                            39             37
                                                                                  --------       --------
     Total assets                                                                 $ 25,320       $ 28,008
                                                                                  ========       ========
                       Liabilities and Shareholders' Equity
Current liabilities:
     Current installments of long-term debt and capital lease obligations         $    356       $  3,501
     Accounts payable, principally trade                                               794            536
     Accrued liabilities                                                             1,657          2,673
     Deferred service revenue                                                        3,150          2,666
                                                                                  --------       --------
          Total current liabilities                                                  5,957          9,376

Long-term debt and capital lease obligations, excluding current installments           406            260
Other liabilities                                                                      280            280
                                                                                  --------       --------
          Total liabilities                                                          6,643          9,916
                                                                                  --------       --------

Shareholders' equity:
     Preferred stock, without par value.  Authorized 20,000 shares;
          designated Series A cumulative preferred stock 500 shares;
          issued none                                                                    0              0
     Common stock, $.01 par value.  Authorized 50,000 shares; issued and
          outstanding 20,902 and 20,863 shares at March 31, 1998 and
          December 31, 1997, respectively                                              209            209
     Additional paid-in capital                                                     34,347         34,114
     Accumulated deficit                                                           (15,879)       (16,231)
                                                                                  --------       --------
          Total shareholders' equity                                                18,677         18,092
                                                                                  --------       --------

Commitments

     Total liabilities and shareholders' equity                                   $ 25,320       $ 28,008
                                                                                  ========       ========
</TABLE>

     See accompanying notes to consolidated condensed financial statements.



                                       2
<PAGE>   3

            Healthdyne Information Enterprises, Inc. and Subsidiaries
                 Consolidated Condensed Statements of Operations
                    (in thousands, except per share amounts)

<TABLE>
<CAPTION>
                                                                      Three Months Ended
                                                                            March 31,
                                                                      -----------------------
                                                                        1998           1997
                                                                      --------       --------
                                                                           (Unaudited)
<S>                                                                   <C>            <C>     
Revenue:
     Software                                                         $  1,905       $  1,273
     Services                                                            2,796          2,087
                                                                      --------       --------
          Total revenue                                                  4,701          3,360
                                                                      --------       --------

Cost of revenue:
     Software                                                              222            522
     Services                                                            1,358          1,347
                                                                      --------       --------
          Total cost of revenue                                          1,580          1,869
                                                                      --------       --------

Gross profit                                                             3,121          1,491
                                                                      --------       --------

Operating expenses:
     Sales and marketing                                                 1,115            762
     Research and development                                              543            434
     General and administrative                                          1,008          1,002
                                                                      --------       --------
          Total operating expenses                                       2,666          2,198
                                                                      --------       --------

Operating earnings (loss)                                                  455           (707)
Losses of affiliate                                                          0            (31)
Interest income, net                                                        41             67
                                                                      --------       --------

Earnings (loss) before income taxes                                        496           (671)

Income tax (expense) benefit                                              (144)           168
                                                                      --------       --------

Net earnings (loss)                                                   $    352       $   (503)
                                                                      ========       ========

Net earnings (loss) per share of common stock:
     Basic                                                            $   0.02       $  (0.02)
                                                                      ========       ========
     Diluted                                                          $   0.02       $  (0.02)
                                                                      ========       ========

Shares used in the calculation of net earnings (loss) per share:
          Basic                                                         20,902         20,182
                                                                      ========       ========
          Diluted                                                       21,689         20,182
                                                                      ========       ========
</TABLE>


         See accompanying notes to consolidated condensed financial statements.



                                       3
<PAGE>   4


            Healthdyne Information Enterprises, Inc. and Subsidiaries
                 Consolidated Condensed Statements of Cash Flows
                                 (in thousands)

<TABLE>
<CAPTION>
                                                                                Three Months Ended
                                                                                     March 31,
                                                                             -----------------------
                                                                               1998           1997
                                                                             --------       --------
                                                                                  (Unaudited)
<S>                                                                          <C>            <C>      
Cash flows from operating activities:
   Net earnings (loss)                                                       $    352       $   (503)
   Adjustments to reconcile net earnings (loss) to net cash
     used in operating activities:
       Losses of affiliate                                                          0             31
       Provision for doubtful accounts                                              0            (89)
       Depreciation and amortization                                              481            549
       (Increase) decrease in trade accounts receivable                        (1,093)            84
       Increase in other current assets                                          (111)          (297)
       Increase (decrease) in accounts payable                                    321           (151)
       Decrease in accrued liabilities                                           (477)          (464)
       Increase in deferred service revenue                                       484            407
                                                                             --------       --------
          Net cash used in operating activities                                   (43)          (433)
                                                                             --------       --------

Cash flows from investing activities:
   Purchased software                                                            (137)           (45)
   Capitalized software development costs                                        (252)          (237)
   Capital expenditures                                                           (34)          (274)
   Change in other assets                                                          (8)          (319)
                                                                             --------       --------
     Net cash used in investing activities                                       (431)          (875)
                                                                             --------       --------

Cash flows before financing activities                                           (474)        (1,308)
                                                                             --------       --------

Cash flows from financing activities:
  Principal payments on long-term debt, net                                    (3,353)           (20)
  Proceeds from the issuance of common stock                                      241             51
                                                                             --------       --------
     Net cash (used in) provided by financing activities                       (3,112)            31
                                                                             --------       --------

Net decrease in cash and cash equivalents                                      (3,586)        (1,277)

Cash and cash equivalents at beginning of period                                7,732         10,743
                                                                             --------       --------

Cash and cash equivalents at end of period                                   $  4,146       $  9,466
                                                                             ========       ========
</TABLE>


     See accompanying notes to consolidated condensed financial statements.



                                       4
<PAGE>   5





            Healthdyne Information Enterprises, Inc. and Subsidiaries
              Notes to Consolidated Condensed Financial Statements
                                   (Unaudited)

1.   General:

The consolidated condensed financial statements as of March 31, 1998 and for the
three months ended March 31, 1998 and 1997 are unaudited. In the opinion of
management, all adjustments, consisting of normal recurring accruals, necessary
for the fair presentation of the consolidated financial position and results of
operations and cash flows for the periods presented have been included. Results
for the interim periods are not necessarily indicative of results that may be
expected for the full year.

These consolidated condensed financial statements should be read in conjunction
with the consolidated financial statements and notes included in the Annual
Report on Form 10-K of Healthdyne Information Enterprises, Inc. ("HIE" or the
"Company") for the year ended December 31, 1997.

2.   Major Customers:

No single customer accounted for more than 10% of the Company's revenue for the
three months ended March 31, 1998. One customer accounted for 25% of the
Company's revenue during the three months ended March 31, 1997. No single
distributor provided customers to the Company that accounted for more than 10%
of the Company's revenue for the three months ended March 31, 1998 and 1997.

3.   Earnings (Loss) Per Share of Common Stock:

On December 31, 1997, the Company adopted Statement of Financial Accounting
Standards No. 128, Earnings Per Share ("SFAS 128"), which prescribes the
calculation methodology and financial reporting requirements for basic and
diluted earnings per share. Basic earnings (loss) per common share available to
common shareholders are based on the weighted average number of common shares
outstanding. Diluted earnings (loss) per common share available to common
shareholders are based on the weighted average number of common shares
outstanding and dilutive potential common shares, such as dilutive stock
options. All prior period net earnings (loss) data presented in these
consolidated condensed financial statements have been restated to conform
to the provisions of SFAS 128.










                                       5
<PAGE>   6


Item 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations

         Except for the historical information contained herein, this report
contains forward-looking statements that involve risks and uncertainties. The
Company's actual results could differ materially from those discussed herein.
Factors that could cause or contribute to such differences include, but are not
limited to, the Company's limited operating history and lack of profitability in
1997 and 1995, competitive pressures, the mix of software and service revenue,
the mix of direct and indirect sales, sales timing, changes in pricing policies,
undetected errors or bugs in the software, delays in product development,
lower-than-expected demand for the Company's software tools or services,
business conditions in the integrated healthcare delivery network market and
other markets, the Company's ability to modify its software for use in
non-healthcare industries, risks associated with possible acquisitions, general
economic conditions and the risk factors detailed from time to time in the
Company's periodic reports and registration statements filed with the Securities
and Exchange Commission, including the Company's Annual Report on Form 10-K for
the year ended December 31, 1997.

Overview

Healthdyne Information Enterprises, Inc. ("HIE" or the "Company") was
incorporated in Georgia on June 15, 1994 and was a wholly-owned subsidiary of
Healthdyne, Inc. ("Healthdyne") until November 6, 1995, at which time Healthdyne
distributed all of the outstanding shares of HIE to Healthdyne's shareholders
(the "Spin-Off"). HIE's common stock is publicly traded on the Nasdaq National
Market under the symbol "HDIE." The Company provides software tools and services
to achieve the enterprise-wide integration of information.

The Company generates revenue from licensing integration software tools and
providing integration services, such as education, consulting, project
management, information integration, technology-driven re-design, software
maintenance, implementation and expert-sourcing.

Software licenses are generally granted on a perpetual basis for a one-time,
up-front fee. A standard per-student amount is charged for education classes.
Consulting services are generally provided for a fixed fee based on estimated
hours of service to be provided at standard hourly rates. Project management,
information integration, technology-driven re-design and implementation fees are
generally based on actual hours of service at standard hourly rates. Software
maintenance agreements are generally one-year renewable service contracts for a
prepaid standard fee. Expert-sourcing agreements are generally multiple-year
renewable service contracts for a negotiated monthly fee.



                                       6
<PAGE>   7

On December 31, 1997, the Company exercised its option to acquire the remaining
50% ownership interest of Criterion Health Strategies, Inc. ("CHS"). CHS
licenses the Criterion data integration software tool and provides project
management, information integration and technology-driven re-design services.
Since HIE did not have a majority ownership interest in CHS in 1997 and prior
years, the operating results of CHS were not consolidated with the Company's
consolidated operating results. HIE's share of CHS' operating results are
presented as Losses of Affiliate in the accompanying Consolidated Condensed
Statements of Operations. CHS's operating results were combined with the
Company's beginning on January 1, 1998.

The Company is aware of the potential issues associated with the programming
code in existing computer systems as the year 2000 approaches. The primary issue
is whether or not computer systems will properly recognize date-sensitive
information when the year changes to 2000. Systems that do not properly
recognize such information could generate erroneous data or cause the system to
fail. Management does not anticipate that the Company will incur either
significant operating expenses or significant capital expenditures to be year
2000 compliant with respect to both its internal systems and the software tools
that it markets. In fact, the Company's software tools and services could be
utilized by HIE's customers and prospects to enable their systems to become year
2000 compliant.

The Company expects the following external factors to affect the market for
integration software tools and integration services in future years: (1) the
continued consolidation of enterprises within various industries to achieve
economies of scale; (2) the growing importance of information for the survival
and prosperity of various enterprises; (3) the increasing complexity of
information technology; and (4) the year 2000 issue referred to above.

Software revenue is generally recognized upon shipment and the performance of
certain other criteria in accordance with Statement of Position ("SOP") 91-1,
"Software Revenue Recognition" in 1997 and prior years and SOP 97-2, "Software
Revenue Recognition" in 1998. Service revenue is recognized as the work is
performed or, in the case of a fixed-fee contract, on the percentage of
completion basis, even though some services are prepaid.

The Company's Consolidated Condensed Balance Sheets include assets designated as
purchased software and capitalized software development costs. Purchased
software includes the cost of purchased integration software tools and the cost
of software acquired in connection with business combinations. It also includes
the cost of licenses to use, embed and sell software tools developed by others.
Certain costs of HIE proprietary software developed internally are capitalized
in accordance with generally accepted accounting principles. The costs of
individual software tools are being amortized ratably based on the projected
revenue associated with the related software or on a 



                                       7
<PAGE>   8

straight-line basis over not more than five years, whichever method results in a
higher level of annual amortization.

The excess of cost over net assets of businesses acquired (goodwill) is being
amortized over a period of fifteen years. At each balance sheet date, the
Company assesses the recoverability of this intangible asset by determining
whether the amortization of the goodwill balance over its remaining life can be
recovered through undiscounted future operating cash flows of the acquired
operation. The amount of goodwill impairment, if any, is measured based on
projected discounted future operating cash flows using a discount rate
reflecting the Company's average cost of funds.

Results of Operations

The following table sets forth for the periods indicated (1) the Company's
total revenue and (2) unless otherwise indicated, the percentage of total
revenue for each component included in the Company's Consolidated Condensed
Statements of Operations:

<TABLE>
<CAPTION>
                                                             PERCENT OF REVENUE (UNLESS OTHERWISE INDICATED)
                                                                       THREE MONTHS ENDED MARCH 31,
                                                                    1998                          1997
                                                          --------------------------- -----------------------------

<S>                                                       <C>                         <C>   
Total HIE revenue (in 000's)                                       $4,701                        $3,360
                                                          =========================== =============================

Revenue:
     Software                                                          41%                           38%
     Services                                                          59%                           62%
          Total revenue                                               100%                          100%
                                                          --------------------------- -----------------------------

Cost of revenue:
     Software (as a percent of software revenue)                       12%                           41%
     Services (as a percent of services revenue)                       49%                           65%
          Total cost of revenue                                        34%                           56%
                                                          --------------------------- -----------------------------

Gross profit                                                           66%                           44%
                                                          --------------------------- -----------------------------

Operating expenses:
     Sales and marketing                                               24%                           22%
     Research and development                                          11%                           13%
     General and administrative                                        21%                           30%
                                                          --------------------------- -----------------------------
          Total operating expenses                                     56%                           65%
                                                          --------------------------- -----------------------------

Operating earnings (loss)                                              10%                          (21%)

Losses of affiliate                                                     0                            (1%)
Interest income, net                                                    1%                            2%
                                                          --------------------------- -----------------------------

Earnings (loss) before income taxes                                    11%                          (20%)

Income tax (expense) benefit                                           (4%)                           5%
                                                          --------------------------- -----------------------------

Net earnings (loss)                                                     7%                          (15%)
                                                          =========================== =============================
</TABLE>





                                       8
<PAGE>   9





Comparison of Three Months Ended March 31, 1998 and March 31, 1997

         Revenue. Total revenue was $4.7 million for the three months ended
March 31, 1998 compared to $3.4 million for the three months ended March 31,
1997, an increase of 40%. The increase of $632,000, or 50%, in software revenue,
was primarily due to an increase in Cloverleaf integration engine software
license fee revenue, offset somewhat by a reduction in third-party software tool
revenue. The increase of $709,000, or 34%, in services revenue was due primarily
to higher service personnel productivity as well as an increase in the number of
service personnel. HIE added six new distributors in the first quarter of 1998
and more than doubled its sales force during the latter part of 1997.

         Cost of revenue. Cost of revenue includes, among other things,
compensation of service personnel, travel and software royalties and
amortization. The cost of revenue was $1.6 million for the three months ended
March 31, 1998 compared to $1.9 million for the three months ended March 31,
1997, a decrease of 15%. The decrease in cost of revenue from 56% to 34% is
primarily attributable to the Company sub-licensing significantly less
third-party software tools, as well as an increase in the level of service
personnel productivity in the first quarter of 1998 compared to the first
quarter of 1997. Third-party software tools, such as imaging, workflow and COLD,
typically have a higher cost of revenue than proprietary software tools, such as
the Cloverleaf integration engine and the EMerge enterprise master person index
software tool.

         Gross profit. The Company's gross profit was $3.1 million for the three
months ended March 31, 1998 compared to $1.5 million for the three months ended
March 31, 1997, an increase of 109%. The primary reasons for the increased gross
profit in the first quarter of 1998 were the higher level of highly profitable
Cloverleaf integration engine software license fee revenue discussed above, as
well as the higher level of service personnel productivity also discussed above.

         Sales and marketing. Sales and marketing expense includes, among other
things, compensation of sales and marketing personnel, sales commissions, travel
and advertising. Sales and marketing expense was $1.1 million or 24% of revenue
for the three months ended March 31, 1998 compared to $762,000 or 22% of revenue
for the three months ended March 31, 1997, an increase of 46%. The increase in
sales and marketing expense between the periods was due primarily to the
increase in sales personnel costs, sales commissions and travel expenses
associated with the increased sales staffing referred to above.

         Research and development. Research and development expense includes,
among other things, compensation of research and development personnel,
depreciation and lease expense of research and development equipment and travel.
Research and development expense was $543,000 or 11% of revenue for the three
months ended March 31, 1998 compared to $434,000 or 13% of revenue for the three
months ended March 31, 1997, an increase of 25%. While the level of
capitalization of internally developed software dropped to 30% in the first
quarter of 1998 from 35% in 



                                       9
<PAGE>   10

the first quarter of 1997, cash expenditures for research and development
increased $104,000 between the two periods due primarily to increased staffing
for various research and development projects.

         General and administrative. General and administrative expense
includes, among other things, compensation of finance, accounting and
administrative personnel, goodwill amortization, office rent and insurance.
General and administrative expense was $1.0 million for both the three months
ended March 31, 1998 and 1997. There were no significant changes in the
components of general and administrative expenses between the periods.

         Losses of affiliate. Losses of affiliate, which resulted from the
Company's commitment to fund CHS, totaled $31,000 in the first quarter of 1997.
The operating results of CHS are included in the Company's Consolidated
Condensed Financial Statements for the first quarter of 1998 resulting from the
December 31, 1997 exercise of the option to acquire the remaining 50% of CHS
discussed above.

   
         Interest income, net. Net interest income was $41,000 for the three
months ended March 31, 1998 compared to $67,000 for the three months ended March
31, 1997, representing a decrease of $26,000. The decrease in net interest
income is due primarily to a decrease in interest income resulting from lower
cash balances offset by decreased interest expense related to various payments
of long-term debt and related accrued interest, including the payment of $3.3
million in long-term debt on January 2, 1998.
    

         Income tax (expense) benefit. The Company recognized income tax expense
of $144,000, which is an effective income tax rate of 29%, for the three months
ended March 31, 1998 based on a projected utilization of available net operating
loss carryforward benefits for the year ending December 31, 1998. The Company
recorded an income tax benefit of $168,000 for the three months ended March 31,
1997 based on management's belief at the time that the Company would generate
taxable income above the level of available net operating loss carryforward
benefits for the year ended December 31, 1997.





                                       10
<PAGE>   11
Liquidity and Capital Resources

         The Company had working capital of $6.3 million at March 31, 1998
compared to $5.3 million at December 31, 1997. Cash decreased $3.6 million
during the three months ended March 31, 1998 compared to a $1.3 million decrease
during the three months ended March 31, 1997 for the reasons discussed below.

         Net cash used in operating activities totaled $43,000 for the three
months ended March 31, 1998 compared to $433,000 for the three months ended
March 31, 1997. The $390,000 total variance between the two periods is primarily
attributable to the increased cash flow resulting from the net earnings recorded
during the three months ended March 31, 1998 compared to the net loss recorded
in the three months ended March 31, 1997, and an increase in accounts payable,
offset by an increase in accounts receivable.

         Net cash used in investing activities was $431,000 for the three months
ended March 31, 1998 compared to $875,000 for the three months ended March 31,
1997. The decrease was due primarily to a $350,000 investment in CHS in February
1997.

         Net cash used in financing activities was $3.1 million for the three
months ended March 31, 1998 and net cash provided by financing activities was
$31,000 for the three months ended March 31, 1997. Most of the variance between
the two periods is attributable to the payment of $3.3 million of debt financing
that matured on January 2, 1998. The proceeds from the issuance of Common Stock
relate to the exercise of stock options during both periods.

         As of March 31, 1998, the Company had $356,000 of debt financing
scheduled for payment over the next twelve months. During August 1997, the
Company renewed its line of credit with a bank and also increased the credit
line from $1 million to $2 million on essentially the same terms and conditions
as the expiring line of credit. The Company plans to maintain the $2 million
line of credit for unanticipated needs and financial flexibility. No amounts
were outstanding under the line of credit at March 31, 1998 or December 31,
1997. Based on its current business plan and business model projections, the
Company believes that current available cash, anticipated cash flow from
operating activities and cash available from existing or expanded lines of
credit will be sufficient to meet the Company's capital requirements for at
least the next twelve months and for the foreseeable future.




                                       11
<PAGE>   12



                           PART II - OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K.

         (a)  Exhibits

<TABLE>
<CAPTION>
         Exhibit No.    Description
         -----------    -----------

         <S>            <C>                      
              3.1       By-laws of HIE.

             10.1       HIE Stock Option Plan I.

             10.2       HIE Restated Stock Option Plan Two.

             10.3       HIE Nonqualified Stock Option Plan.

             11         Statements of Computation of Per Share Earnings (Loss).

             27         Financial Data Schedule (for SEC use only).
</TABLE>

         (b)   Reports on Form 8-K

                During the quarter ended March 31, 1998, the Company filed the
following report on Form 8-K:

         Current Report on Form 8-K dated December 31, 1997, reporting
         information under Items 5 and 7.







                                       12
<PAGE>   13



                                   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 thereunto duly authorized.

                                Healthdyne Information Enterprises, Inc.


May 11, 1998                    By:   /s/ Cheryl N. Blanco
                                   ---------------------------------
                                      Cheryl N. Blanco
                                      Vice President - Controller,
                                       Chief Accounting Officer,
                                      Assistant Treasurer and
                                      Assistant Secretary 
                                      (duly authorized and principal
                                      accounting officer)


















                                       13
<PAGE>   14




                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
   Exhibit No.      Description
   -----------      -----------

   <S>              <C>         
        3.1         By-laws of Healthdyne Information Enterprises, Inc. ("HIE").

       10.1         HIE Stock Option Plan I.

       10.2         HIE Restated Stock Option Plan Two.

       10.3         HIE Nonqualified Stock Option Plan.

       11           Statements of Computation of Per Share Earnings (Loss).

       27           Financial Data Schedule (for SEC use only).
</TABLE>




















                                       14