


                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549 
  
                                 SCHEDULE 13D 
                               (Amendment No. 1) 
  
                 Under the Securities Exchange Act of 1934 
  
                              MAY & SPEH, INC. 
           ____________________________________________________________ 
                                (Name of Issuer)  
  
                  Common Stock, Par Value $0.01 per Share 
           ____________________________________________________________ 
                      (Title of Class and Securities) 
  
                                 577777 10 5 
             ____________________________________________________________ 
                     (CUSIP Number of Class of Securities) 
  
                             Charles D. Morgan 
                             Acxiom Corporation 
                               P.O. Box 2000 
                          301 Industrial Boulevard 
                        Conway, Arkansas 72033-2000 
                         Telephone:  (501) 336-1302 
  
                              With a copy to: 
  
                          J. Michael Schell, Esq. 
                      Skadden, Arps, Slate, Meagher & Flom LLP 
                                919 Third Avenue 
                           New York, New York  10022 
                           Telephone:  (212) 735-3000 
  
           _____________________________________________________________ 
            (Name, Address and Telephone Number of Person Authorized 
                     to Receive Notices and Communications) 
  
                             September 17, 1998 
           ____________________________________________________________  
                         (Date of Event which Requires 
                           Filing of this Statement) 
  
            If the filing person has previously filed a statement on 
            Schedule 13G to report the acquisition which is the 
            subject of this Statement because of Rule 13d-1(b)(3) or 
            (4), check the following box:   ( ) 
  
                       (Continued on following pages) 
                            (Page 1 of 4 pages) 


                                SCHEDULE 13D 
  

      CUSIP No. 577777 10 5                        Page 2 of 4 pages 
  
  
      (1)  NAMES OF REPORTING PERSONS 
           S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS 
           Acxiom Corporation (71-0581897) 
  
      (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:  

                                                        (a)  ( ) 
                                                        (b)  ( ) 
       
      (3)  SEC USE ONLY 
  
       
      (4)  SOURCE OF FUNDS 
           BK, WC, OO 
  
      (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
           PURSUANT TO ITEMS 2(d) or 2(e)               (  ) 
  
       
      (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
           Delaware 
       
                                      (7)  SOLE VOTING POWER 
            NUMBER OF                      1000  
             SHARES                  
          BENEFICIALLY                (8)  SHARED VOTING POWER 
            OWNED BY                       NONE 
              EACH                   
            REPORTING                 (9)  SOLE DISPOSITIVE POWER 
             PERSON                        1000  
              WITH                 
                                     (10)  SHARED DISPOSITIVE POWER 
                                           NONE 
  
      (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
           1000  
   
      (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN 
           SHARES                                      ( ) 
  
   
      (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 
           100% 
   
      (14) TYPE OF REPORTING PERSON 
           CO 
      


  
           This Amendment No. 1 amends and supplements the Statement on
 Schedule 13D dated May 26, 1998, filed by Acxiom Corporation, a Delaware
 corporation ("Acxiom"), relating to the shares (the "Shares"), of common
 stock,par value $.01 per share of may & Speh, Inc. ("May & Speh"). 
  
 Item 4.  Purpose of Transaction. 
  
           Item 4 is hereby amended and supplemented by adding the
 following: 
  
           This Amendment No. 1 is being filed to report that ACX
 Acquisition Co., Inc., a Delaware corporation ("Merger Sub") and a wholly
 owned subsidiary of Acxiom, was merged (the "Merger") with and into May &
 Speh on September 17, 1998 (the "Effective Time") with May & Speh as the
 surviving corporation in the Merger (the "Surviving Corporation"). As a
 result of the Merger, (i) all outstanding Shares were converted into the
 right to receive 0.8 of a share of Acxiom common stock, (ii) each share of
 common stock of Merger Sub issued and outstanding immediately prior to the
 Effective time was converted into one share of common stock  of the
 Surviving Corporation, and (iii) May & Speh became a wholly owned
 subsidiary of Acxiom.    
  
           Acxiom issued a press release on September 17, 1998 with
 respect to the Merger.  A copy of the press release is attached hereto as
 Exhibit 12 and is incorporated herein by reference. 
  
 Item 5.   Interest in Securities of the Issuer. 
  
           Item 5 is hereby amended and supplemented by adding the
 following: 
  
           This Amendment No. 1 is being filed to report that in connection
 with the Merger, Acxiom beneficially owns 1000 Shares or 100% of the voting
 power and dispositive power of May & Speh. 
  
 Item 7.  Material To Be Filed as Exhibits. 
      
           Item 7 is hereby amended by adding the following exhibit: 
            
           Exhibit 12-- Press Release issued by Acxiom on September 17, 1998.
  
  
  
                                 SIGNATURE 
  
           After reasonable inquiry and to the best of my knowledge and  
 belief, I certify that the information set forth is true, complete and  
 correct. 
  
 Dated:  September 18, 1998 
  
                                         ACXIOM CORPORATION 
  
  
                                         By:   /s/ Catherine L. Hughes 
                                               __________________________
                                         Name:   Catherine L. Hughes 
                                         Title:  Secretary and  
                                                 General Counsel



                                  EXHIBIT INDEX
  
  
 Exhibit                       Description                    
  
  12            Press Release issued by Acxiom on 
                September 17, 1998 



