content: FORM 8-K
  
  CURRENT REPORT
  
  PURSUANT TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF 1934
  
  
  Date of Report:  May 7, 2001
  (date of earliest event reported: May 7, 2001)
  
  Commission File Number:  0-11596
  
  
  ExperTelligence, Inc.
  (Exact name of registrant as specified in its charter)
  
  California                                     95-3506403
  (State or Other Jurisdiction of            (I.R.S. Employer
       Incorporation)                        Identification No.)
  
  25 East Ortega Street, Santa Barbara, California 93010
  (Address of principal executive offices and zip code)
  
  
  Registrant's telephone number:  (805) 962-2558
  
  ITEM 5.	OTHER EVENTS.
  
  Reference is hereby made to the Registrant's press release attached hereto as
  Exhibit 99.1, which meets the requirements for filing under Item 5 and is
  incorporated herein by reference.
  
  ITEM 7.	FINANCIAL STATEMENTS AND EXHIBITS.
  
  Exhibit No.			Description
  
  99.1		Press Release dated May 7, 2001
  
  SIGNATURES
  Pursuant to the requirements of Section 13 or 15(d) of the Securities
  Exchange Act of 1934, the registrant has duly caused this report to be signed
  on its behalf on May 7, 2001, by the undersigned, thereunto duly authorized.
  
  EXPERTELLIGENCE, INC.
  
  (Registrant)
  
  
  May 7, 2001    Robert Reali, Secretary
  
  (signature)
  
  EXHIBIT INDEX
  
  Exhibit No.		Description
  
  99.1			Press Release dated May 7,2001
  
  
  EXHIBIT 99.1
  ExperTelligence Discovers Net Tangible Assets Understated by Approximately
  $2M, and Believes Still Meets Nasdaq SmallCap Listing Requirements
  
  SANTA BARBARA, CA (May 7, 2001)  ExperTelligence Inc. (NasdaqSC: EXGP), today
  announced that the "Minority Interest in Subsidiary" was misstated in its
  previously issued financial statements.  Based on discussions with its former
  and current accountants, the Company intends to re-file its fiscal 2000
  10QSBs, year-end 10KSB and the first quarter 2001 10QSB.  As a result, the
  Company stated that it believes it will be well within compliance with the
  net tangible assets requirement for continued listing set forth in
  Marketplace Rule 4310 (c)(2)(B).
  
  The Company believes that the resulting correction in the Minority Interest
  in Subsidiary will increase the computation of its net tangible assets by at
  least $2 million at December 31, 2000. The first quarter's net tangible
  assets would increase from the previously reported $1.8 million to
  approximately $4 million. This net tangible asset amount is significantly
  higher than the NASD requirement of a minimum net tangible asset amount of $2
  million.
  About ExperTelligence
  ExperTelligence, Inc. (NasdaqSC: EXGP) creates proprietary technology that is
  the basis for the Company's products, services and the businesses that it
  develops for the Internet. Please visit http://www.expertelligence.com for
  further information.
  ExperTelligence, Inc.
  25 E. Ortega Street
  Santa Barbara, CA 93101.
  Tel: (805) 962-2558. Fax: (805) 962-5188.
  Web: (http://www.expertelligence.com)
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metadata_filer: {"company-data": {"conformed-name": "EXPERTELLIGENCE INC", "cik": "0000723533", "assigned-sic": "7372", "irs-number": "953506403", "state-of-incorporation": "CA", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11596", "film-number": "1624007"}, "business-address": {"street1": "203 CHAPALA STREET", "street2": "STE B", "city": "SANTA BARBARA", "state": "CA", "zip": "93101", "phone": "8059622558"}, "former-company": {"former-conformed-name": "ORIGINAL COMPUTER CAMP INC", "date-changed": "19841023"}}
text: FORM 8-K
  
  CURRENT REPORT
  
  PURSUANT TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF 1934
  
  Date of Report:  May 7, 2001
  (date of earliest event reported: May 7, 2001)
  
  Commission File Number:  0-11596
  
  ExperTelligence, Inc.
  (Exact name of registrant as specified in its charter)
  
  California                                     95-3506403
  (State or Other Jurisdiction of            (I.R.S. Employer
       Incorporation)                        Identification No.)
  
  25 East Ortega Street, Santa Barbara, California 93010
  (Address of principal executive offices and zip code)
  
  Registrant's telephone number:  (805) 962-2558
  
  ITEM 5.	OTHER EVENTS.
  
  Reference is hereby made to the Registrant's press release attached hereto as
  Exhibit 99.1, which meets the requirements for filing under Item 5 and is
  incorporated herein by reference.
  
  ITEM 7.	FINANCIAL STATEMENTS AND EXHIBITS.
  
  Exhibit No.			Description
  
  99.1		Press Release dated May 7, 2001
  
  SIGNATURES
  Pursuant to the requirements of Section 13 or 15(d) of the Securities
  Exchange Act of 1934, the registrant has duly caused this report to be signed
  on its behalf on May 7, 2001, by the undersigned, thereunto duly authorized.
  
  EXPERTELLIGENCE, INC.
  
  (Registrant)
  
  May 7, 2001    Robert Reali, Secretary
  
  (signature)
  
  EXHIBIT INDEX
  
  Exhibit No.		Description
  
  99.1			Press Release dated May 7,2001
  
  EXHIBIT 99.1
  ExperTelligence Discovers Net Tangible Assets Understated by Approximately
  $2M, and Believes Still Meets Nasdaq SmallCap Listing Requirements
  
  SANTA BARBARA, CA (May 7, 2001)  ExperTelligence Inc. (NasdaqSC: EXGP), today
  announced that the "Minority Interest in Subsidiary" was misstated in its
  previously issued financial statements.  Based on discussions with its former
  and current accountants, the Company intends to re-file its fiscal 2000
  10QSBs, year-end 10KSB and the first quarter 2001 10QSB.  As a result, the
  Company stated that it believes it will be well within compliance with the
  net tangible assets requirement for continued listing set forth in
  Marketplace Rule 4310 (c)(2)(B).
  
  The Company believes that the resulting correction in the Minority Interest
  in Subsidiary will increase the computation of its net tangible assets by at
  least $2 million at December 31, 2000. The first quarter's net tangible
  assets would increase from the previously reported $1.8 million to
  approximately $4 million. This net tangible asset amount is significantly
  higher than the NASD requirement of a minimum net tangible asset amount of $2
  million.
  About ExperTelligence
  ExperTelligence, Inc. (NasdaqSC: EXGP) creates proprietary technology that is
  the basis for the Company's products, services and the businesses that it
  develops for the Internet. Please visit http://www.expertelligence.com for
  further information.
  ExperTelligence, Inc.
  25 E. Ortega Street
  Santa Barbara, CA 93101.
  Tel: (805) 962-2558. Fax: (805) 962-5188.
  Web: (http://www.expertelligence.com)