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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.N/A)
MetaCreations Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities
591016100
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(CUSIP Number)
*The remainder of this cover page shall be filed our 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 alter
the disclosures provided in a prior 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).
Page 1 of 5 Pages
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CUSIP NO. 591016100 13G PAGE 2 OF 5 PAGES
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(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Kai Krause ###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
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(5) SOLE VOTING POWER
NUMBER OF 856,507
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 856,507
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(8) SHARED DISPOSITIVE POWER
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
856,507
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.6%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 591016100 13G Page 3 of 5 Pages
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ITEM 1(A). NAME OF ISSUER
MetaCreations Corporation
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ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
6303 Carpinteria Avenue
Carpinteria, CA 93013
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ITEM 2(A). NAME OF PERSON(S) FILING
Kai Krause
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ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
MetaCreations, Corporation
6303 Carpinteria Avenue
Carpinteria, CA 93013
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ITEM 2(C). CITIZENSHIP
Germany
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ITEM 2(D). TITLE OF CLASS OF SECURITIES
Common Stock
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ITEM 2(E). CUSIP NUMBER
591016100
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A
(a)____ Broker or Dealer registered under Section 15 of the Act
(b)____ Bank as defined in section 3(a)(6) of the Act
(c)____ Insurance Company as defined in section 3(a)(19) of the Act
(d)____ Investment Company registered under section 8 of the Investment Company
Act
(e)____ Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f)____ Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
Fund; see Rule 13d-1(b)(1)(ii)(F)
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CUSIP No. 591016100 13G Page 4 of 5 Pages
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(g)____ Parent Holding company, in accordance with Rule 13d-1(b)(ii)(G) (Note:
See Item 7)
(h)____ Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
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ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
856,507
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(b) Percent of Class:
3.6%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
856,507
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(ii) shared power to vote or to direct the vote
-0-
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(iii) sole power to dispose or to direct the disposition of
856,507
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(iv) shared power to dispose or to direct the disposition of
-0-
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: X .
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Yes.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
N/A
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
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CUSIP No. 591016100 13G Page 5 of 5 Pages
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ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
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ITEM 9 NOTICE OF DISSOLUTION OF GROUP
N/A
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ITEM 10 CERTIFICATION
By signing below I certify that, 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 purposes 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.
February 13, 1998
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Date
/s/ KAI KRAUSE
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Signature
As individual
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Name/Title
