-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UnVF32nG03qdqN1n37iO3QxlVTppIsA5DTr/9KfMF2xIghKS/FvBOvflf7jkb5gU
 Ykyg7DGh+NC/BR+aeV5YmQ==

<SEC-DOCUMENT>0001005477-03-002602.txt : 20030730
<SEC-HEADER>0001005477-03-002602.hdr.sgml : 20030730
<ACCEPTANCE-DATETIME>20030730181234
ACCESSION NUMBER:		0001005477-03-002602
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030730
FILED AS OF DATE:		20030730

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETGEAR INC
		CENTRAL INDEX KEY:			0001122904
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPARATUS [3661]
		IRS NUMBER:				770419172
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4401 GREAT AMERICAN PARKWAY
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95052
		BUSINESS PHONE:		4084955316

	MAIL ADDRESS:	
		STREET 1:		4401 GREAT AMERICAN PARKWAY
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95052

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROSSMAN GREGORY J
		CENTRAL INDEX KEY:			0001254661

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50350
		FILM NUMBER:		03812637

	BUSINESS ADDRESS:	
		STREET 1:		500 NYALA FARM RD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880
		BUSINESS PHONE:		2034292200

	MAIL ADDRESS:	
		STREET 1:		500 NYALA FARM RD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POCH GERALD A
		CENTRAL INDEX KEY:			0001144383

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50350
		FILM NUMBER:		03812638

	BUSINESS ADDRESS:	
		STREET 1:		500 NYALA FARM ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

	MAIL ADDRESS:	
		STREET 1:		500 NYALA FARM ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PEQUOT CAPITAL MANAGEMENT INC/CT/
		CENTRAL INDEX KEY:			0001071955

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50350
		FILM NUMBER:		03812639

	BUSINESS ADDRESS:	
		STREET 1:		500 NYALA FARMS ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880
		BUSINESS PHONE:		2033192246
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>
    <periodOfReport>2003-07-30</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001122904</issuerCik>
        <issuerName>NETGEAR INC</issuerName>
        <issuerTradingSymbol>NTGR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001071955</rptOwnerCik>
            <rptOwnerName>PEQUOT CAPITAL MANAGEMENT INC/CT/</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 NYALA FARM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>0</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>1</isOther>
        <otherText>See Footnote 3</otherText>
    </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001144383</rptOwnerCik>
            <rptOwnerName>POCH GERALD A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 NYALA FARM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001254661</rptOwnerCik>
            <rptOwnerName>ROSSMAN GREGORY J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 NYALA FARM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>

        <securityTitle>
            <value>Series B Convertible Preferred</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <footnoteId id="F2"/>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>1988-08-08</value>
            <footnoteId id="F1"/>
        </exerciseDate>

        <expirationDate>
            <footnoteId id="F1"/>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>3320537</value>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
                <footnoteId id="F4"/>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
                <footnoteId id="F4"/>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>Investment Advisor</value>
                <footnoteId id="F3"/>
            </natureOfOwnership>
        </ownershipNature>
        </derivativeHolding>

        <derivativeHolding>

        <securityTitle>
            <value>Series C Convertible Preferred</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <footnoteId id="F2"/>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>1988-08-08</value>
            <footnoteId id="F1"/>
        </exerciseDate>

        <expirationDate>
            <footnoteId id="F1"/>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>3632949</value>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
                <footnoteId id="F4"/>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
                <footnoteId id="F4"/>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>Investment Advisor</value>
                <footnoteId id="F3"/>
            </natureOfOwnership>
        </ownershipNature>
        </derivativeHolding>

    </derivativeTable>
    <footnotes>
        <footnote id="F1">This security is immediately exercisable and there is no expiration date.</footnote>
        <footnote id="F2">The effective date of the issuers initial public offering (the &quot;IPO&quot;) is expected to occur on or about July 30, 2003 and the closing of the IPO, which triggers the automatic conversion of the Series B and Series C convertible
preferred on a one for one basis into common stock, is expected to occur on or about August 4, 2003.</footnote>
        <footnote id="F3">Pequot Capital Management, Inc., (&quot;Pequot&quot;) is an investment advisor registered under Section 203 of the Investment Advisers Act of 1940 and has voting power and investment power with respect to securities in clients'
 accounts.  Pequot disclaims any obligation to file this report, and this report shall not be deemed an admission that Pequot is subject to Section 16 with respect to the issuer or such securities.
Gerald A. Poch and Gregory J. Rossmann are employees of Pequot and serve on the Board of Directors of the issuer and disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.</footnote>
        <footnote id="F4">Pequot disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Pequot is the beneficial owner of such securities for the purposes of Rule 16(a)-1(a)(1) or (a)(2) or for any other
 purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Aryeh Davis, General Counsel</signatureName>
        <signatureDate>2003-07-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Gerald A. Poch, Director (3)</signatureName>
        <signatureDate>2003-07-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Gregory J. Rossmann, Director (3)</signatureName>
        <signatureDate>2003-07-30</signatureDate>
    </ownerSignature>

</ownershipDocument>

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