SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)

Franklin Covey Company
(Name of Issuer)

Common Stock
(Title of Class of Securities)

353469109
(CUSIP Number)

March 31, 2000
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

	[x  ]	Rule 13d-1(b)
	[   ]	Rule 13d-1(c)
	[   ]	Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes)


CUSIP No.   353469109     13G


1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Firstar Corporation
- -------------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a)
 (b)
- -------------------------------------------------------------------------------
3.
SEC USE ONLY


- -------------------------------------------------------------------------------
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Wisconsin
- -------------------------------------------------------------------------------
NUMBER OF                             :5.   SOLE VOTING POWER
                                      :     25,463
SHARES BENEFICIALLY OWNED BY EACH     :---------------------------------------
                                      :6.   SHARED VOTING POWER
                                      :     0
REPORTING PERSON WITH                 :---------------------------------------
                                      :7.   SOLE DISPOSITIVE POWER
                                      :     3,630
                                      :---------------------------------------
                                      :8.   SHARED DISPOSITIVE POWER
                                      :     0
- ------------------------------------------------------------------------------
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

25,463
- ------------------------------------------------------------------------------
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- ------------------------------------------------------------------------------
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.13%
- ------------------------------------------------------------------------------
12.
TYPE OF REPORTING PERSON*

HC
- -------------------------------------------------------------------------------


Item 1(a).
Name of Issuer:

Franklin Covey Company

Item 1(b).
Address of Issuer's Principal Executive Offices:

2200 W Pkwy Blvd.
Salt Lake City, UT  84119-2331

Item 2(a).
Name of Persons Filing:

Firstar Corporation

Item 2(b).
Address of Principal Business Office or, if none, Residence:

777 E Wisconsin Avenue
Milwaukee, Wisconsin

Item 2(c).
Citizenship:

Wisconsin

Item 2(d).
Title and Class of Securities:

Common Stock

Item 2(e).
CUSIP Number

353469109

Item 3.
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c),
check whether the person filing is a:

(a)[   ]  Broker or Dealer registered under Section 15 of the Act
          (15 U.S.C. 78o).
(b)[   ]  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)[   ]  Insurance Company as defined in section 3(a)(19) of the Act
          (15 U.S.C. 78c).
(d)[   ]  Investment Company registered under section 8 of the
          Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)[   ]  An investment adviser in accordance with
          Section 240.13d-1(b)(1)(ii)(E).
(f)[   ]  An employee benefit plan or endowment fund in accordance
          with Section 240.13d-1(b)(1)(ii)(F).
(g)[ X ]  A parent holding company or control person in accordance
          with Section 240.13d-1(b)(1)(ii)(G).
(h)[   ]  A savings association as defined in Section 13(b) of the
          Federal Deposit Insurance Act (12 U.S.C. 1813).
(i)[   ]  A church plan that is excluded from the definition of an
          investment company under Section 3(c)(14) of the Investment
          Company Act of 1940 (15 U.S.C. 80a-3).
(j)[   ]  A group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

Item 4.
Ownership:

(a) Amount beneficially owned:  25,463
(b) Percent of class:  0.13%
(c)(i)   Sole power to vote or to direct the vote:  25,463
(c)(ii)  Shared power to vote or to direct the vote:  0
(c)(iii) Sole power to dispose or to direct the disposition:  3,630
(c)(iv)  Shared power to dispose or to direct the disposition:  0

Item 5.
Ownership of Five Percent or Less of a Class:  [X]

This statement is being filed to report the fact that as of the date hereof the
reporting person and its investment manager subsidiaries have ceased to be
the beneficial owner of more than 5 percent of the securities.

Item 6.
Ownership of More Than Five Percent on Behalf of Another Person:

Inapplicable

Item 7.
Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company:

Inapplicable

Item 8.
Identification and Classification of Members of the Group:

Inapplicable

Item 9.
Notice of Dissolution of Group:

Inapplicable

Item 10.
Certification:

	By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that 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.



                 FIRSTAR CORPORATION



            By:
Date             _____________________________
May 4, 2000      Daniel B. Benhase