UNITED STATES
                       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
                       August 13, 2004 (August 12, 2004)

                                 INVESTOOLS INC.
              Exact Name of Registrant as Specified in its Charter


           DELAWARE                  0-31226                  76-0685039
   State of Incorporation or     (Commission File          (I.R.S. Employer
         Organization                Number)              Identification No.)


      5959 CORPORATE DRIVE, SUITE LL 250
                HOUSTON, TEXAS                             77036
    Address of Principal Executive Offices                Zip Code





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







                    INFORMATION TO BE INCLUDED IN THE REPORT


Item 7.    Financial Statements and Exhibits.

           (c)   Exhibits

                 99.1    Press Release dated August 12, 2004, issued by
                         INVESTools Inc.


Item 12.   Results of Operations and Financial Condition.

     On August 12, 2004, INVESTools Inc. issued a press release announcing its
financial results for the three and six months ended June 30, 2004. A copy of
the press release is furnished as Exhibit 99.1 to this report and is
incorporated herein by reference. The information in this Current Report on Form
8-K, including the exhibit, shall not be deemed "filed" for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or
incorporated by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.









                                   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.


                                           INVESTOOLS, INC.


                                           By: /s/ Paul A. Helbling
                                               ---------------------------------
                                                   Paul A. Helbling
                                                   Chief Financial Officer

Dated: August 13, 2004






                                INDEX TO EXHIBITS


     Exhibit Number      Exhibit

     99.1                Press Release dated August 12, 2004, issued by
                         INVESTools Inc.