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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001029869-98-001322.txt : 19981125
<SEC-HEADER>0001029869-98-001322.hdr.sgml : 19981125
ACCESSION NUMBER:		0001029869-98-001322
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19981123
ITEM INFORMATION:		
FILED AS OF DATE:		19981124

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEGASYSTEMS INC
		CENTRAL INDEX KEY:			0001013857
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				042787865
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-11859
		FILM NUMBER:		98757988

	BUSINESS ADDRESS:	
		STREET 1:		101 MAIN ST
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02142-1590
		BUSINESS PHONE:		6173749600

	MAIL ADDRESS:	
		STREET 1:		101 MAIN ST
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02142-1590
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>PEGASYSTEMS INC.
<TEXT>


                       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


      Date of report (Date of earliest event reported): November 23, 1998


                                Pegasystems Inc.
             -------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


       Massachusetts                     1-11859                04-2787865
       -------------                     -------                ----------
(State or Other Jurisdiction        (Commission File          (IRS Employer
     of Incorporation)                   Number)          Identification Number)


                 101 Main Street, Cambridge, MA                    02142
                 ------------------------------                    -----
             (Address of Principal Executive Offices)            (Zip Code)


       Registrant's telephone number, including area code:     (617) 374-9600


<PAGE>

Item 5.  Other Events.
         -------------

      The following press release was issued by Pegasystems Inc. on November 23,
1998:

                         PEGASYSTEMS DELAYS 10-Q FILING

CAMBRIDGE, MA, November 23, 1998 -- Pegasystems Inc. (NASDAQ: PEGA) 
today announced that it was delaying the filing of its Report on Form 10-Q for
the quarter ended September 30, 1998.

The Company's financial staff is reviewing certain revenue transactions with the
assistance of its external auditors. Pegasystems expects that adjustments to
results of operations are likely to occur. The Company will release further
information as soon as possible.


<PAGE>


                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on behalf of the undersigned
thereunto duly authorized.


Date: November 24, 1998                             PEGASYSTEMS INC.

                                                    By: /s/ Richard B. Goldman
                                                        ----------------------
                                                        Richard B. Goldman
                                                        Vice President and Chief
                                                        Financial Officer


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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