8-K

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                       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):  APRIL 27, 1999

                        PRECEPT BUSINESS SERVICES, INC.
             (Exact name of registrant as specified in its charter)

                       Commission file number:  000-23735

                Texas                              75-2487353
    (State or other jurisdiction of             (I.R.S. Employer
     incorporation or organization)            Identification No.)

1909 Woodall Rodgers Freeway, Suite 500               75201
(Address of principal executive offices)            (Zip Code)

      Registrant's telephone number, including area code: (214) 754-6600

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ITEM 5.  OTHER EVENTS.

     On April 19, 1999, David L. Neely, Chairman and Chief Executive Officer 
of Precept Business Services, Inc., resigned his position as an officer and a 
director of Precept due to personal and health reasons.  Included with this 
Current Report on Form 8-K is a copy of the press release issued by Precept 
announcing the resignation of Mr. Neely. 

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)      Exhibts

99.1     Press release dated April 19, 1999 announcing the resignation of 
         Mr. Neely.


                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly issued this report to be signed on its behalf by the 
undersigned hereunto duly authorized.


                             PRECEPT BUSINESS SERVICES, INC.

April 27, 1999               By: /s/ William W. Solomon, Jr. 
                                 ----------------------------------------------
                                 William W. Solomon, Jr.
                                 Senior Vice President, Chief Financial Officer
                                 (Principal Financial and Accounting Officer)



                                       2

EX-99.1

For Immediate Release
- ---------------------


                    DAVID NEELY RETIRES AS CHAIRMAN/CEO OF
                       PRECEPT BUSINESS SERVICES, INC.


                     DARWIN DEASON NAMED INTERIM CHAIRMAN 


DALLAS, Texas (April 19, 1999) -- Precept Business Services, Inc. ("PBSI"), 
the nation's largest independent distributor of printed business products and 
document management services and one of the largest providers of corporate 
personnel transportation services in the United States, today announced that 
David L. Neely has resigned his positions as Chairman and Chief Executive 
Officer, effective immediately, citing personal health reasons for the 
decision.

"This is one of the most difficult, if not the most difficult, decision I've 
ever had to make in my business career, but life is just too short and my 
family is too important for me to disregard their wishes in this matter," 
stated Mr. Neely.  "This was not an easy decision by any means, but it is the 
right one."

The Company announced that Darwin Deason will assume the position of Chairman 
on an interim basis.  Mr. Deason and Mr. Neely were co-founders of Precept 
Business Services in 1988, when Precept was a subsidiary of Affiliated 
Computer Services, Inc. (NYSE: "AFA").  Precept was spun-off from Affiliated 
Computer Services ("ACS") in June 1994.

"David has been with Precept since its beginning and will be missed a great 
deal," commented Mr. Deason.  "However, one of his greatest accomplishments 
has been the development of an outstanding management team at Precept.  We 
expect things to continue as usual for our customers, vendors or employees."

Precept Business Services, Inc. is the nation's largest nationwide 
independent distributor of printed business products and document management 
services.  The Company also provides corporate transportation services in 
Texas, New York, New Jersey, Ohio and Michigan.  Recent acquisitions have 
diversified the Company's revenue base and positioned Precept as a 
consolidator within the $20 billion business products and document management 
services industry, and the $12 billion corporate transportation industry. The 
Company is headquartered in Dallas, Texas and its common stock is traded on 
Nasdaq under the symbol "PBSI".

THIS PRESS RELEASE INCLUDES STATEMENTS WHICH MAY CONSTITUTE "FORWARD-LOOKING" 
STATEMENTS, USUALLY CONTAINING THE WORDS "BELIEVE", "ESTIMATE" , "PROJECT", 
"EXPECT" OR SIMILAR EXPRESSIONS.  THESE STATEMENTS ARE MADE PURSUANT TO THE 
SAFE HARBOR 




PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.  
FORWARD-LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT 
COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FORWARD-LOOKING 
STATEMENTS.  FACTORS THAT WOULD CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES 
INCLUDE, BUT ARE NOT LIMITED TO, CONTINUED ACCEPTANCE OF THE COMPANY'S 
PRODUCTS IN THE MARKETPLACE, COMPETITIVE FACTORS, DEPENDENCE UPON THIRD-PARTY 
VENDORS, AND OTHER RISKS DETAILED IN THE COMPANY'S PERIODIC REPORT FILINGS 
WITH THE SECURITIES AND EXCHANGE COMMISSION.  BY MAKING THESE FORWARD-LOOKING 
STATEMENTS, THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS 
FOR REVISIONS OR CHANGES AFTER THE DATE OF THIS RELEASE.


                   For further information, please contact:


                     Bill Solomon, CFO at (214) 754-6620
                                      or
      R. Jerry Falkner, CFA, Investor Relations Counsel at (800) 377-9893