NET PERCEPTIONS INC
4, 2000-05-09
PREPACKAGED SOFTWARE
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 FORM 4

 (   )  Check this box if no longer
        subject to Section 16.  Form 4
        or Form 5 obligations may continue.
        See Instruction 1(b).

                   UNITED STATES
          SECURITIES AND EXCHANGE COMMISSION         _____________________
               WASHINGTON, D.C.  20549              |   OMB APPROVAL      |
                                                    |---------------------|
     STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP   |OMB NUMBER: 3235-0287|
                                                    |EXPIRES:             |
                                                    |   DECEMBER 31, 2001 |
     Filed pursuant to Section 16(a) of the         |ESTIMATED AVERAGE    |
       Securities Exchange Act of 1934,             |BURDEN HOURS         |
      Section 17(a) of the Public Utility           |PER RESPONSE ... 0.5 |
        Holding Company Act of 1935                 |_____________________|
     or Section 30(f) of the Investment
            Company Act of 1940
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1.  Name and Address of Reporting Person

        Moser                      George
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       (Last)                      (First)                    (Middle)

       c/o Net Perceptions, Inc., 7901 Flying Cloud Drive
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                                  (Street)

       Minneapolis                 Minnesota                   55344
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       (City)                      (State)                      (Zip)
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2.  Issuer Name and Ticker or Trading Symbol

       Net Perceptions, Inc. (NETP)
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3.  I.R.S. Identification Number of Reporting Person, if an entity
    (Voluntary)

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4.  Statement for Month/Year

       April 2000
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5.  If Amendment, Date of Original (Month/Year)

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6.  Relationship of Reporting Person(s) to Issuer (Check all applicable)
    (  ) Director
    (  ) 10% Owner
    (X ) Officer (give title below)
    (  ) Other (specify title below)

       Senior Vice President of Worldwide Sales
     ---------------------------------------------
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7.  Individual, or Joint/Group Filing (Check Applicable Line)
    (X ) Form filed by One Reporting Person
    (  ) Form filed by More than One Reporting Person

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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
          OR BENEFICIALLY OWNED
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1.  Title of Security (Instr. 3)
      (i)  Common Stock, par value $.0001 per share
     (ii) Common Stock, par value $.0001 per share
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2.  Transaction Date (Month/Day/Year)
      (i)  4/17/00
     (ii)  4/17/00
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3.  Transaction Code (Instr. 8)
      (i)  M
     (ii)  M
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4.  Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
      (i)  50,000 shares purchased at $0.125 per share (A)
     (ii)  50,000 shares purchased at $0.250 per share (A)
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5.  Amount of Securities Beneficially Owned at End of Month
    (Instr. 3 and 4)

      165,666
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6.  Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
      (i)  D
      (ii) D
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7.  Nature of Indirect Beneficial Ownership (Instr. 4)

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Reminder:  Report on a separate line for each class of securities
           beneficially owned directly or indirectly.

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TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
           OWNED
           (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1.  Title of Derivative Security (Instr. 3)
      (i)  Employee Stock Option (right to buy)
     (ii)  Employee Stock Option (right to buy)
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2.  Conversion or Exercise Price of Derivative Security
      (i)  $0.125 per share
     (ii)  $0.250 per share
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3.  Transaction Date (Month/Day/Year)
      (i)  4/17/00
     (ii)  4/17/00
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4.  Transaction Code (Instr. 8)
      (i)  M
     (ii)  M
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5.  Number of Derivative Securities Acquired (A) or Disposed of (D)
    (Instr. 3, 4, and 5)
      (i) Exercised option to purchase 50,000 shares of Common Stock (D)
     (ii) Exercised option to purchase 50,000 shares of Common Stock (D)
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6.  Date Exercisable and Expiration Date (Month/Day/Year)
      (i)  10/19/97 (date exercisable); 10/19/2007 (expiration date)
     (ii)  5/27/98 (date exercisable); 5/27/2008 (expiration date)
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7.  Title and Amount of Underlying Securities (Instr. 3 and 4)
      (i)  Common Stock, par value $.0001 per share; 50,000 shares
     (ii)  Common Stock, par value $.0001 per share; 50,000 shares
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8.  Price of Derivative Securities (Instr. 5)

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9.  Number of Derivative Securities Beneficially Owned at End of Month
    (Instr. 4)
      (i)  0
     (ii)  0
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10. Ownership Form of Derivative Security:  Direct(D) or Indirect(I)
    (Instr. 4)
      (i)  D
     (ii)  D
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11. Nature of Indirect Beneficial Ownership (Instr. 4)

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EXPLANATION OF RESPONSES:







   /s/ George Moser                                   May 9, 2000
   ------------------------------------------        -------------
   **  SIGNATURE OF REPORTING PERSON                     DATE

- -----------------------------

   **  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
       CRIMINAL VIOLATIONS.  SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a).

  NOTE:  FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY
         SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE.

  POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
  CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
  DISPLAYS A CURRENTLY VALID OMB NUMBER.

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