-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WWETMzsgdpcxbR0ekPK7B1uUVtO1e72yYVvCn+cTPi3g1qOG23CaPHVIsm9QKo+w
 /wSDrUICjyluy5Yy/m6OLg==

<SEC-DOCUMENT>0001005477-04-002336.txt : 20040614
<SEC-HEADER>0001005477-04-002336.hdr.sgml : 20040611
<ACCEPTANCE-DATETIME>20040614171319
ACCESSION NUMBER:		0001005477-04-002336
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040603
FILED AS OF DATE:		20040614

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Weisman Marc
		CENTRAL INDEX KEY:			0001293603

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-70663
		FILM NUMBER:		04862186

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		7322258910

	MAIL ADDRESS:	
		STREET 1:		160 RARITAN CENTER PARKWAY
		CITY:			EDISON
		STATE:			NJ
		ZIP:			08837

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAJESCO HOLDINGS INC
		CENTRAL INDEX KEY:			0001076682
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				061529524
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1030

	BUSINESS ADDRESS:	
		STREET 1:		160 RARITAN CENTER PARKWAY
		STREET 2:		SUITE 1
		CITY:			EDISON
		STATE:			NJ
		ZIP:			08837
		BUSINESS PHONE:		7328727490

	MAIL ADDRESS:	
		STREET 1:		PO BOX 6570
		CITY:			EDISON
		STATE:			NJ
		ZIP:			08818

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONNECTIVCORP
		DATE OF NAME CHANGE:	20010815

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPINROCKET COM INC
		DATE OF NAME CHANGE:	20000502

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CDBEAT COM INC
		DATE OF NAME CHANGE:	19990503
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-06-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001076682</issuerCik>
        <issuerName>MAJESCO HOLDINGS INC</issuerName>
        <issuerTradingSymbol>MJSH.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001293603</rptOwnerCik>
            <rptOwnerName>Weisman Marc</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>160 RARITAN CENTER PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EDISON</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08837</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-06-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>100000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-06-03</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>100000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>100000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">These options vest and become exercisable over a three-year period with one-third vesting on each of the first, second and third anniversaries of the date of issuance of the options.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Marc Weisman</signatureName>
        <signatureDate>2004-06-14</signatureDate>
    </ownerSignature>
</ownershipDocument>

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