Perkins Capital Management, Inc.
FORM 13F
March 31, 2002
									Voting Authority
			Value	Shares/	Sh/	Put/	Invstmt	Other
Name of Issuer	Title of class	CUSIP	(x$1000)	Prn Amt	Prn	Call	Dscretn	Managers	Sole	Shared	None
------------------------------	----------------	---------	--------	--------	---	----	-------	------------	--------	--------	--------
A D C TELECOMMUNICATIONS	COM	000886101	$5,693	1,423,350	SH		Sole		252,600		1,170,750
A D A M INC	COM	00088U108	$78	22,500	SH		Sole		22,500
ACT TELECONFERENCING INC	COM	000955104	$1,058	202,250	SH		Sole		1,000		201,250
ATS MED INC	COM	002083103	$179	84,100	SH		Sole		50,000		34,100
AVX CORP NEW	COM	002444107	$497	23,925	SH		Sole		800		23,125
ABBOTT LABS	COM	002824100	$810	15,600	SH		Sole		450		15,150
ABGENIX INC	COM	00339B107	$316	16,675	SH		Sole				16,675
ACTIVE IQ TECHNOLOGIES INC	COM	00505Q102	$1,329	609,750	SH		Sole		180,000		429,750
AFFYMETRIX INC	COM	00826T108	$2,788	100,025	SH		Sole		8,275		91,750
AIR METHODS CORP	COM PAR $.06	009128307	$154	21,000	SH		Sole		21,000
ALLIED CAP CORP NEW	COM	01903Q108	$1,355	49,075	SH		Sole		4,900		44,175
AMERICAN DENTAL PARTNERS	COM	025353103	$138	15,000	SH		Sole		15,000
AMERICAN EXPRESS CO	COM	025816109	$461	11,200	SH		Sole		1,750		9,450
AMERIVEST PPTYS INC DEL	COM	03071L101	$275	45,000	SH		Sole		10,000		35,000
APOGEE ENTERPRISES INC	COM	037598109	$1,131	89,250	SH		Sole		80,000		9,250
APPLIED DIGITAL SOLUTIONS	COM	038188108	$156	338,625	SH		Sole		300,000		38,625
ARCHSTONE SMITH TR	COM	039583109	$579	21,564	SH		Sole		2,800		18,764
ART TECHNOLOGY GROUP INC	COM	04289L107	$810	421,800	SH		Sole		2,500		419,300
ASTEC INDS INC	COM	046224101	$248	14,400	SH		Sole		800		13,600
ASYST TECHNOLOGY CORP	COM	04648X107	$944	53,250	SH		Sole		50,000		3,250
AUGUST TECHNOLOGY CORP	COM	05106U105	$2,253	168,750	SH		Sole		75,000		93,750
BAXTER INTL INC	COM	071813109	$311	5,213	SH		Sole				5,213
BEMIS INC	COM	081437105	$261	4,850	SH		Sole		2,000		2,850
BIG BUCK BREWERY & STEAKHOUS	COM	089072102	$68	323,500	SH		Sole		300,000		23,500
BIO VASCULAR INC	COM	090923103	$3,125	376,450	SH		Sole		60,000		316,450
BIOMIRA INC	COM	09161R106	$2,914	847,300	SH		Sole		49,700		797,600
BLOCK H & R INC	COM	093671105	$834	18,850	SH		Sole		3,250		15,600
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	$248	10,425	SH		Sole		950		9,475
BRISTOL MYERS SQUIBB CO	COM	110122108	$444	11,200	SH		Sole		550		10,650
BRITESMILE INC	COM	110415106	$670	130,000	SH		Sole		130,000
BUCA INC	COM	117769109	$775	43,500	SH		Sole		40,000		3,500
CBL & ASSOC PPTYS INC	COM	124830100	$2,073	58,800	SH		Sole		4,675		54,125
CNS INC	COM	126136100	$1,775	264,865	SH		Sole		667		264,198
CAPITAL AUTOMOTIVE REIT	COM SH BEN INT	139733109	$416	18,150	SH		Sole		4,000		14,150
CARDIOGENESIS CORP	COM	14159W109	$4,130	3,788,600	SH		Sole		396,500		3,392,100
CARESIDE INC	COM	141728105	$11	45,000	SH		Sole				45,000
CELLEGY PHARAMCEUTICALS INC	COM	15115L103	$68	10,000	SH		Sole		10,000
CERTICOM CORP	COM	156915100	$439	240,000	SH		Sole				240,000
CHARTER COMMUNICATIONS INC D	CL A	16117M107	$211	18,800	SH		Sole		950		17,850
CHIRON CORP	COM	170040109	$2,135	46,625	SH		Sole		3,775		42,850
CHRONIMED INC	COM	171164106	$139	20,950	SH		Sole		12,500		8,450
CIPRICO INC	COM	172529109	$3,920	670,133	SH		Sole		392,833		277,300
CITY NATL CORP	COM	178566105	$401	7,600	SH		Sole		1,500		6,100
COHESION TECHNOLOGIES INC	COM	19248N101	$1,411	465,800	SH		Sole		50,700		415,100
COM21 INC	COM	205937105	$121	90,000	SH		Sole		90,000
CONCEPTUS INC	COM	206016107	$12,359	554,200	SH		Sole		44,700		509,500
CONEXANT SYSTEMS INC	COM	207142100	$1,767	146,000	SH		Sole		800		145,200
CONSTELLATION BRANDS INC	CL A	21036P108	$816	15,150	SH		Sole		2,000		13,150
CORTEX PHARMACEUTICALS INC	COM NEW	220524300	$108	40,000	SH		Sole		40,000
CORVEL CORP	COM	221006109	$1,767	58,225	SH		Sole		6,000		52,225
COST-U-LESS INC	COM	221492101	$261	165,000	SH		Sole		35,000		130,000
DHB INDS INC	COM	23321E103	$1,200	183,250	SH		Sole				183,250
DATAKEY INC	COM	237909106	$6,681	1,670,219	SH		Sole		378,919		1,291,300
DEL LABS INC	COM	245091103	$319	17,500	SH		Sole		17,500
DELANO TECHNOLOGY CORP	COM	245701107	$1,128	2,069,000	SH		Sole				2,069,000
DELUXE CORP	COM	248019101	$2,059	46,650	SH		Sole		5,550		41,100
DIAMETRICS MED INC	COM	252532106	$558	132,800	SH		Sole		20,000		112,800
DONALDSON INC	COM	257651109	$948	23,450	SH		Sole		2,500		20,950
EON COMMUNICATION CORP	COM	268763109	$320	320,000	SH		Sole				320,000
EARTHLINK INC	COM	270321102	$1,089	107,800	SH		Sole		8,700		99,100
EBENX INC	COM	278668108	$60	17,500	SH		Sole		17,500
EBIX COM INC	COM	278715107	$113	173,800	SH		Sole		150,000		23,800
EDGAR ONLINE INC	COM	279765101	$75	25,000	SH		Sole		25,000
ELOQUENT INC	COM	290140102	$840	1,166,750	SH		Sole		7,500		1,159,250
ENDOCARDIAL SOLUTIONS INC	COM	292962107	$308	36,700	SH		Sole		3,300		33,400
ENTRUST INC	COM	293848107	$925	196,000	SH		Sole				196,000
EPOCH BIOCSCIENCES INC	COM	294273107	$1,896	898,500	SH		Sole		48,500		850,000
EQUITY ONE	COM	294752100	$209	15,464	SH		Sole		3,215		12,249
EXACT SCIENCES CORP	COM	30063P105	$295	29,350	SH		Sole		3,000		26,350
EXXON MOBIL CORP	COM	30231G102	$268	6,100	SH		Sole				6,100
FAMOUS DAVES AMER INC	COM	307068106	$239	30,200	SH		Sole		12,500		17,700
FIRST CASH FINL SVCS INC	COM	31942D107	$130	16,000	SH		Sole		16,000
FIRST MARINER BANCORP	COM	320795107	$141	13,500	SH		Sole		13,500
FIRST TENN NATL CORP	COM	337162101	$1,569	43,980	SH		Sole		2,500		41,480
FORGENT NETWORKS INC	COM	34629U103	$473	165,800	SH		Sole		50,000		115,800
G & K SVCS INC	CL A	361268105	$2,146	55,575	SH		Sole		25,000		30,575
GENERAL ELEC CO	COM	369604103	$689	18,400	SH		Sole				18,400
GENERAL GROWTH PPTYS INC	COM	370021107	$272	6,150	SH		Sole		2,000		4,150
GENERAL MLS INC	COM	370334104	$345	7,050	SH		Sole				7,050
GENZYME CORP	COM BIOSURGERY	372917708	$231	37,000	SH		Sole				37,000
GLIMCHER RLTY TR	SH BEN INT	379302102	$1,880	101,700	SH		Sole		8,725		92,975
GLOBECOMM SYSTEMS INC	COM	37956X103	$504	77,600	SH		Sole				77,600
GUITAR CTR MGMT INC	COM	402040109	$721	41,500	SH		Sole		41,500
HEALTHCARE RLTY TR	COM	421946104	$1,235	40,350	SH		Sole		4,425		35,925
HEALTH CARE REIT INC	COM	42217K106	$2,983	106,680	SH		Sole		7,800		98,880
HECTOR COMMUNICATIONS CORP	COM	422730101	$774	53,908	SH		Sole		9,250		44,658
HERSHEY FOODS CORP	COM	427866108	$486	7,050	SH		Sole				7,050
HIGHWOODS PPTYS INC	COM	431284108	$1,057	37,350	SH		Sole		2,575		34,775
HYPERCOM CORP	COM	44913M105	$646	115,500	SH		Sole		115,500
HYPERTENSION DIAGNOSTICS INC	COM	44914V104	$267	88,900	SH		Sole		30,000		58,900
IMANAGE INC	COM	45245Y105	$1,516	250,550	SH		Sole				250,550
IMPLANT SCIENCES CORP	COM	45320R108	$372	33,500	SH		Sole		32,500		1,000
INNOVEX INC	COM	457647105	$128	30,000	SH		Sole		30,000
INNOVATIVE GAMING CORP AMER	COM	45764F107	$364	1,173,933	SH		Sole		549,166		624,767
INSIGNIA SYS INC	COM	45765Y105	$15,059	2,126,950	SH		Sole		1,077,000		1,049,950
INTELLI-CHECK INC	COM	45817G102	$1,401	89,950	SH		Sole		59,000		30,950
INTERNATIONAL BUSINESS MACHS	COM	459200101	$207	2,000	SH		Sole				2,000
INTERNATIONAL MULTIFOODS COR	COM	460043102	$264	11,000	SH		Sole		3,000		8,000
ISIS PHARMACEUTICALS INC	COM	464330109	$1,344	81,375	SH		Sole		2,850		78,525
JOHNSON & JOHNSON	COM	478160104	$1,689	25,935	SH		Sole		1,950		23,985
KOALA CORP	COM	499866101	$138	50,000	SH		Sole				50,000
LECTEC CORP	COM	523251106	$253	210,866	SH		Sole		107,500		103,366
LIFECORE BIOMEDICAL INC	COM	532187101	$4,837	443,733	SH		Sole		57,333		386,400
LILLY ELI & CO	COM	532457108	$546	7,200	SH		Sole				7,200
LIONBRIDGE TECHNOLOGIES INC	COM	536252109	$1,693	736,250	SH		Sole				736,250
LUCENT TECHNOLOGIES INC	COM	549463107	$75	17,201	SH		Sole		125		17,076
MBNA CORP	COM	55262L100	$2,794	71,835	SH		Sole		6,450		65,385
MGI PHARMA INC	COM	552880106	$408	29,900	SH		Sole		2,400		27,500
MEDICALCV INC	UNIT 99/99/9999	584639207	$33	10,000	SH		Sole				10,000
MEDTOX SCIENTIFIC INC	COM NEW	584977201	$2,039	201,840	SH		Sole		82,600		119,240
MEDTRONIC INC	COM	585055106	$3,123	70,102	SH		Sole		5,350		64,752
MEDWAVE INC	COM	585081102	$158	81,000	SH		Sole		37,500		43,500
MERCK & CO INC	COM	589331107	$698	12,150	SH		Sole				12,150
MICRO COMPONENT TECHNOLOGY I	COM	59479Q100	$6,513	1,932,609	SH		Sole		381,750		1,550,859
NATIONAL CITY CORP	COM	635405103	$882	28,449	SH		Sole		3,600		24,849
NATIONAL HOME HEALTH CARE CO	COM	636380107	$120	10,000	SH		Sole		10,000
NET PERCEPTIONS INC	COM	64107U101	$310	200,000	SH		Sole				200,000
NIKU CORP	COM	654113109	$183	95,000	SH		Sole				95,000
NORSTAN INC	COM	656535101	$12,201	2,218,442	SH		Sole		439,667		1,778,775
NORTECH SYS INC	COM	656553104	$121	12,000	SH		Sole				12,000
NORTHWEST BIOTHERAPEUTICS IN	COM	66737P105	$691	175,000	SH		Sole				175,000
NOVAMETRIX MED SYS INC	COM	669870107	$120	15,000	SH		Sole		15,000
PDS GAMING CORP	COM	69329T105	$237	60,500	SH		Sole		30,000		30,500
PW EAGLE INC	COM	69366Y108	$1,459	247,628	SH		Sole				247,628
PACIFIC CENTY CYBERWORKS LTD	SPONSORED ADR	694059106	$2	10,000	SH		Sole				10,000
PAPER WAREHOUSE INC	COM PAR $.03	698941309	$18	19,845	SH		Sole				19,845
PATTERSON DENTAL CO	COM	703412106	$2,715	62,068	SH		Sole		600		61,468
PEPSICO INC	COM	713448108	$241	4,725	SH		Sole				4,725
PFIZER INC	COM	717081103	$3,186	79,800	SH		Sole		5,475		74,325
POSSIS MEDICAL INC	COM	737407106	$1,110	57,386	SH		Sole		57,386
PRIME MED SVCS INC NEW	COM	74156D108	$156	20,000	SH		Sole		20,000
PROVELL INC	CL A	74372Y100	$463	1,007,300	SH		Sole		215,000		792,300
QUESTCOR PHARMACEUTICALS INC	COM	74835Y101	$258	139,500	SH		Sole		65,000		74,500
QWEST COMMUNICATIONS INTL INC	COM	749121109	$293	36,753	SH		Sole		3,000		33,753
R F MONOLITHICS INC	COM	74955F106	$140	35,000	SH		Sole		35,000
RMH TELESERVICES INC	COM	749938106	$1,396	72,000	SH		Sole		55,000		17,000
RAVEN INDS INC	COM	754212108	$556	23,500	SH		Sole		17,500		6,000
RAYTHEON CO	COM NEW	755111507	$239	5,900	SH		Sole		2,000		3,900
REGIS CORP MINN	COM	758932107	$2,914	103,525	SH		Sole		48,750		54,775
REHABILICARE INC	COM	758944102	$158	30,000	SH		Sole		30,000
RENAL CARE GROUP INC	COM	759930100	$796	23,650	SH		Sole		3,000		20,650
RIMAGE CORP	COM	766721104	$146	17,500	SH		Sole		10,500		7,000
RITA MED SYS INC DEL	COM	76774E103	$2,564	270,150	SH		Sole		14,600		255,550
ROCKWELL MEDICAL TECH	COM	774374102	$832	365,000	SH		Sole		200,000		165,000
SBC COMMUNICATIONS INC	COM	78387G103	$388	10,297	SH		Sole				10,297
SAFENET INC	COM	78645R107	$2,120	136,325	SH		Sole				136,325
ST JUDE MED INC	COM	790849103	$2,413	31,237	SH		Sole		1,500		29,737
SCHOOL SPECIALTY INC	COM	807863105	$1,684	62,625	SH		Sole		3,775		58,850
SOUTHWEST AIRLS INC	COM	844741108	$1,358	70,750	SH		Sole		12,250		58,500
SPECTRANETICS CORP	COM	84760C107	$189	50,500	SH		Sole		20,000		30,500
STAAR SURGICAL CO	COM PAR $0.01	852312305	$1,767	387,550	SH		Sole		800		386,750
STAKE TECHNOLOGY LTD	COM	852559103	$749	290,500	SH		Sole		50,000		240,500
STERION INC	COM	85916A101	$115	15,000	SH		Sole		15,000
STRATASYS INC	COM	862685104	$234	26,000	SH		Sole		17,500		8,500
SUN MICROSYSTEMS INC	COM	866810104	$1,174	135,306	SH		Sole		4,246		131,060
SUPERVALU INC	COM	868536103	$1,438	57,100	SH		Sole		4,000		53,100
TCF FINL CORP	COM	872275102	$1,584	29,600	SH		Sole		2,000		27,600
TARGET CORP	COM	87612E106	$982	22,875	SH		Sole				22,875
TECHNE CORP	COM	878377100	$979	34,700	SH		Sole		500		34,200
TEXAS INSTRS INC	COM	882508104	$1,007	30,425	SH		Sole				30,425
THERAGENICS CORP	COM	883375107	$1,050	108,833	SH		Sole		50,333		58,500
3COM CORP	COM	885535104	$590	96,000	SH		Sole				96,000
TORO CO	COM	891092108	$299	5,050	SH		Sole		1,500		3,550
US BANCORP	COM NEW	902973304	$1,495	65,939	SH		Sole		9,487		56,452
US ONCOLOGY INC	COM	90338W103	$882	100,000	SH		Sole		100,000
UROLOGIX INC	COM	917273104	$4,776	251,350	SH		Sole		17,650		233,700
VALUEVISION INTL INC	CL A	92047K107	$600	30,000	SH		Sole		30,000
VCAMPUS CORP	COM	92240C100	$10	25,000	SH		Sole		25,000
VECTOR GROUP LTD	COM	92240M108	$1,291	45,855	SH		Sole		22,100		23,755
VELOCITY EXPRESS CORPORATION	COM	92257T103	$515	278,200	SH		Sole		160,000		118,200
VERIZON COMMUNICATIONS	COM	92343V104	$220	4,827	SH		Sole				4,827
VISIONICS CORPORATION	COM	92831E101	$14,066	1,236,094	SH		Sole		393,467		842,627
VITAL IMAGES INC	COM	92846N104	$7,967	885,267	SH		Sole		91,917		793,350
WELLS FARGO & CO NEW	COM	949746101	$505	10,180	SH		Sole		1,500		8,680
WILSONS THE LEATHER EXPERTS	COM	972463103	$2,463	203,725	SH		Sole		120,500		83,225
WORLDQUEST NETWORKS	COM	98156W105	$34	15,000	SH		Sole		15,000
WYETH	COM	983024100	$336	5,124	SH		Sole				5,124
XILINX INC	COM	983919101	$824	20,997	SH		Sole				20,997
Z TEL TECHNOLOGIES INC	COM	988792107	$307	165,000	SH		Sole		165,000
ZOMAX INC MINN	COM	989929104	$2,533	346,983	SH		Sole		83,533		263,450
M SYS FLASH DISK PIONEERS LT	COM	M7061C100	$460	50,000	SH		Sole		50,000
NOVA MEASURING INSTRUMENTS I	COM	M7516K103	$74	20,000	SH		Sole		20,000
REPORT SUMMARY	182	DATA RECORDS	$240,946		0	OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED