Vanguard Explorer Fund · SC 13G/A · Gander Mountain Inc · On 2/14/94

Filed On 2/14/94   ·   SEC File 5-39005   ·   Accession Number 759277-94-57

Amendment to Statement of Beneficial Ownership   ·   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         4     16K 

Document Table of Contents

SC 13G/A
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934 
(Amendment No.: 6      )* 

Name of issuer:                    Gander Moutain, Inc.                         

Title of Class of Securities:      Common stock                                 

CUSIP Number:                 364719104                                         

Check the following [space] if a fee is being paid with this          
statement:        .  (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting beneficial
ownership of five percent or less of such class.)  (See rule 13d-7.)  

*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).                 

(Continued on the following page(s))                                            

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SC 13G/A
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13G 

CUSIP No.:  364719104                             Page 2 of 4 Pages             

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

Vanguard Explorer Fund, Inc.                                          

2.   CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP                        

A.                            B.          X                           

3.   SEC USE ONLY                                                               

4.   CITIZENSHIP OF PLACE OF ORGANIZATION                                       

Maryland                                                    

(For questions 5-8, report the number of shares beneficially owned by each      
reporting person with:)                                                         

5.   SOLE VOTING POWER                                                          

265,600                                 

6.   SHARED VOTING POWER                                                        

-0-                                     

7.   SOLE DISPOSITIVE POWER                                                     

-0-                                     

8.   SHARED DISPOSITIVE POWER                                                   

265,600                                 

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON               

265,600                                 

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES       

N/A                                     

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                            

8.72%                                   

12.  TYPE OF REPORTING PERSON                                                   

IV                                      

SC 13G/A
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

__________

SCHEDULE 13G
Under the Securities Act of 1934
__________

Check the following [line] if a fee is being paid with this statement           

Item 1(a) - Name of Issuer:                                                     

Gander Moutain, Inc.                    

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

Highway W, Wilmont, WI 53192                                

Item 2(a) - Name of Person Filing:                                              

Vanguard Explorer Fund, Inc.            

Item 2(b) - Title of Class of Securities:                                       

Common stock                            

Item 2(e) - CUSIP Number                                                        

364719104                               

Item 3 - Type of Filing:                                                        

This statement is being filed pursuant to Rule 13d-1.  The person     
filing is an investment company registered under Section 8 of the               
Investment Company Act.                                                         

Item 4 - Ownership:                                                             

(a) Amount Beneficially Owned:                                        

265,600                                 

(b) Percent of Class:                                                 

8.72%                                   
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SC 13G/A
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(c)  Number of shares as to which such person has:                    

(i)  sole power to vote or direct to vote:   265,600        

(ii)  shared power to vote or direct to vote:     -0-       

   (iii) sole power to dispose of or to direct the disposition of:
-0-                                               

  (iv)  shared power to dispose or to direct the disposition of:
265,600                                           

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:                   

Not applicable                                                        

Item 8 - Identification and Classification of Members of Group:                 

Not applicable                                                        

Item 9 - Notice of Dissolution of Group:                                        

Not applicable                                                        

Item 10 - Certification:                                                        

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

Date      2-10-94                  By /s/  Raymond J. Klapinsky                 
              Raymond J. Klapinsky

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