content: <PAGE>  1
                        SECURITIES AND EXCHANGE COMMISSION
  
                             Washington, D.C.  20549
  
  
  
                                     Form 8-K
  
  
  
                                  CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
                                   May 18, 2000
                 -------------------------------------------------
                 (Date of Report: Date of earliest event reported)
  
  
                             PPI CAPITAL GROUP, INC.
              ------------------------------------------------------
        (Exact name of registrant as specified in its charter)
  
  
              UTAH                     0-24641             87-0401453
  ---------------------------- -----------------------  --------------------
  (State or other jurisdiction (Commission File Number) (IRS Employer ID No.)
   of incorporation)
  
  
  
                     1661 Lakeview Circle, Ogden, Utah  84403
                  ------------------------------------------------
                      (Address of principal executive office)
  
  
  
  Registrant's telephone number, including area code: (801) 399-3632
                                                      --------------
  
                                Not Applicable
       ---------------------------------------------------------------------
          (Former name or former address, if changed since last report)
  
  
  
  
  
  
  
  
  
  
  
                      
  <PAGE>
  <PAGE> 2
                                ITEM 5. OTHER EVENTS
  
       On May 18, 2000, PPI Capital Group, Inc., Ogden, Utah (the "Registrant")
  executed a letter of intent to acquire 100% of the outstanding common stock of
  Utilicom, Inc. (doing business as UC Wireless), Santa Barbara, California, for
  newly-issued shares of capital stock of the Registrant.  The terms of the
  letter of intent and the press release issued by the Registrant in connection
  with the proposed transaction have been attached as exhibits to this report
  and are incorporated herein by this reference.
  
  (c)  Exhibits.  The following exhibits are included as part of this report:
  
              SEC
  Exhibit     Reference
  Number      Number      Title of Document                        Location
  -------     ---------   -----------------                        --------
  20.01         20        Letter of Intent, dated May 18, 2000     This Filing
  
  
  20.02         20        Amended Certificate of Incorporation     This Filing
  
                              SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, as
  amended, the Registrant has duly caused this report to be signed on its behalf
  by the undersigned hereunder duly authorized.
  
                                           PPI CAPITAL GROUP, INC.
  
  
  
  Date:     June 1, 2000                       /S/Mark A. Scharmann, President
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "CURRENT REPORT ON FORM 8-K", "secsgml_size_bytes": 2826}]
metadata_filer: {"company-data": {"conformed-name": "PPI CAPITAL GROUP INC", "cik": "0001065191", "assigned-sic": "8000", "irs-number": "870401453", "state-of-incorporation": "UT"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25449", "film-number": "648960"}, "business-address": {"street1": "1661 LAKEVIEW CIRCLE", "city": "OGDEN", "state": "UT", "zip": "84403", "phone": "8013993632"}}
text: 1
                        SECURITIES AND EXCHANGE COMMISSION
  
                             Washington, D.C.  20549
  
                                     Form 8-K
  
                                  CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
                                   May 18, 2000
                 -------------------------------------------------
                 (Date of Report: Date of earliest event reported)
  
                             PPI CAPITAL GROUP, INC.
              ------------------------------------------------------
        (Exact name of registrant as specified in its charter)
  
              UTAH                     0-24641             87-0401453
  ---------------------------- -----------------------  --------------------
  (State or other jurisdiction (Commission File Number) (IRS Employer ID No.)
   of incorporation)
  
                     1661 Lakeview Circle, Ogden, Utah  84403
                  ------------------------------------------------
                      (Address of principal executive office)
  
  Registrant's telephone number, including area code: (801) 399-3632
                                                      --------------
  
                                Not Applicable
       ---------------------------------------------------------------------
          (Former name or former address, if changed since last report)
  2
                                ITEM 5. OTHER EVENTS
  
       On May 18, 2000, PPI Capital Group, Inc., Ogden, Utah (the "Registrant")
  executed a letter of intent to acquire 100% of the outstanding common stock of
  Utilicom, Inc. (doing business as UC Wireless), Santa Barbara, California, for
  newly-issued shares of capital stock of the Registrant.  The terms of the
  letter of intent and the press release issued by the Registrant in connection
  with the proposed transaction have been attached as exhibits to this report
  and are incorporated herein by this reference.
  
  (c)  Exhibits.  The following exhibits are included as part of this report:
  
              SEC
  Exhibit     Reference
  Number      Number      Title of Document                        Location
  -------     ---------   -----------------                        --------
  20.01         20        Letter of Intent, dated May 18, 2000     This Filing
  
  20.02         20        Amended Certificate of Incorporation     This Filing
  
                              SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, as
  amended, the Registrant has duly caused this report to be signed on its behalf
  by the undersigned hereunder duly authorized.
  
                                           PPI CAPITAL GROUP, INC.
  
  Date:     June 1, 2000                       /S/Mark A. Scharmann, President