UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED

PURSUANT TO RULES 13d-1(b), (c), and (d) and

AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)

(Amendment No. 9)

Datastream Systems, Inc

(Name of Issuer)

Common Stock, $.01 par value per share

(Title of Class of Securities)

238124 10

(CUSIP Number)

December 31, 2004

(Date of Event Which Requires Filing of this Statement)

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

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x 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. 238124 10 1		13G
		(Amendment No. 9)


1.		Names of Reporting Persons: Larry G. Blackwell I.R.S. Identification Nos. of above persons (entities only).
2.		Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨
3.		SEC Use Only
4.		Citizenship or Place of Organization United States of America


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5. Sole Voting Power: 2,414,729
		6. Shared Voting Power: N/A
		7. Sole Dispositive Power: 2,414,729
		8. Shared Dispositive Power: N/A


9.		Aggregate Amount Beneficially Owned by Each Reporting Person 2,414,729
10.		Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.		Percent of Class Represented by Amount in Row (9) 12.1%
12.		Type of Reporting Person (See Instructions) IN

Item 1.

(a)

Name of Issuer:

Datastream Systems, Inc.

(b)

Address of Issuer’s Principal Executive Offices

50 Datastream Plaza

Greenville, South Carolina 29605

Item 2.

(a)

Name of Person Filing: Larry G. Blackwell

(b)

Address of Principal Business Office or, if none, Residence:

50 Datastream Plaza

Greenville, South Carolina 29605

(c)

Citizenship: United States of America

(d)

Title of Class of Securities: Common Stock, $.01 par value per share

(e)

CUSIP Number: 238124 10 1

Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-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 §240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);

(h)

A savings association as defined in Section 3(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)

Group, in accordance with §240.13d-1(b)(1)(ii)(J).



Item 4.	Ownership.

	(a)	Amount beneficially owned: 2,414,729 shares.

	(b)	Percent of class: 12.1%.

	(c)	Number of shares as to which the person has:

		(i)	Sole power to vote or to direct the vote: 2,414,729 shares.

		(ii)	Shared power to vote or to direct the vote: 0.

		(iii)	Sole power to dispose or to direct the disposition of: 2,414,729 shares.

		(iv)	Shared power to dispose or to direct the disposition of: 0.

Item 5.	Ownership of Five Percent or Less of a Class.

	Not Applicable.

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 or Control Person.

	Not applicable.

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

	Not applicable.

Item 9.	Notice of Dissolution of Group.

	Not applicable.

Item 10.	Certification.

	Not applicable.

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.

3-1-05

(Date)

/s/ Larry G. Blackwell

Larry G. Blackwell

President and Chief Executive Officer

Datastream Systems, Inc.

BLACKWELL LARRY G SC 13G/A