SC 13G/A: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

Schedule 13G
Page 5 of 5






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment 2
No. )



Lectec Corp.
(Name of Issuer)


Common
(Title of Class of Securities)



523251-10-6
(CUSIP Number)



June 30, 2002
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:

X Rule 13d-1(b)
q Rule 13d-1(c)
q Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).




Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
CUSIP 523251-10-6 Page 2 of 6
No.


1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Perkins Capital Management, Inc.
41-1501962
2. Check the Appropriate Box if a Member of a Group (See
Instructions)

(a) / /

(b) / /

3. SEC Use Only



4. Citizenship or Place of Organization

730 East Lake Street, Wayzata, Minnesota 55391-1769


Number of 5 Sole Voting Power
.
Shares 109,000
Bene-

ficially 6 Shared Voting Power
owned . 0

by Each

Reporting 7 Sole Dispositive Power
. 185,566

Person 8 Shared Dispositive Power
With: . 0


9. Aggregate Amount Beneficially Owned by Each Reporting Person

185,566

10 Check if the Aggregate Amount in Row (9)
... Excludes Certain Shares (See Instructions)


11 Percent of Class Represented by Amount in Row (9)
...
4.7%

12 Type of Reporting Person (See Instructions)
...
IA



Item 1.
( Name of Issuer
a Lectec Corporation
)
( Address of Issuer's Principal Executive Offices
b 10701 Red Circle Drive, Minnetonka, Minnesota 55343
)

Item 2.

( Name of Person Filing
a Perkins Capital Management, Inc.
)
( Address of Principal Business Office or, if none,
b Residence
) 730 East Lake Street, Wayzata, Minnesota 55391-1769
( Citizenship
c Minnesota Corporation
)
( Title of Class of Securities
d Common
)
( CUSIP Number
e 523251-10-6
)

Item 3. If this statement is filed pursuant to 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) /_/ Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) /_/ Bank as defined in section 3(s)(6) of the Act (15 U.S.C.
78c).
(c) /_/ Insurance Company as defined in section 3(a)(19) of the
Act (15 U.S.C. 78c).
(d) /_/ Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) /X/ An investment adviser in accordance with 240.13d-
1(b)(1)(ii)(E);
(f) /_/ An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F);
(g) /_/ A parent holding company or control person in accordance
with 240.13d-1(b)(ii)(G);
(h) /_/ A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) /_/ A church plan that is excluded from the definition of an
investment company under section 3c(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) /_/ Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount Beneficially Owned:
185,566
(b) Percent of Class:
4.7%
(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:
109,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
185,566
(iv) Shared power to dispose or to direct the disposition of:
0
Instruction: For computations regarding securities which
represent a right to acquire an underlying security see
240.13d(1).

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following /X/.

Perkins Capital Management, Inc. now holds only 4.7% of the
shares outstanding.

Item 6. Ownership of More than Five Percent on Behalf of
Another Person.

If any other person is known to have the right to receive or
the power to direct the receipt of dividends from, or the
proceeds from the sale of, such securities, a statement to that
effect should be included in response to this item and, if such
interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an
investment company registered under the Investment Company Act of
1940 or the beneficiaries of employee benefit plan, pension fund
or endowment fund is not required.

Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent
Holding Company

If a parent holding company has filed this schedule, pursuant
to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach
an exhibit stating the identity and the Item 3 classification of
the relevant subsidiary. If a parent holding company has filed
this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach
an exhibit stating the identification of the relevant subsidiary.

Item 8. Identification and Classification of Members of the
Group

If a group has filed this schedule pursuant to 240.13d-
1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit
stating the identity and Item 3 classification of each member of
the group. If a group has filed this schedule pursuant to
240.13d-1(c) or 240.13d(d), attach an exhibit stating the
identity of each member of the group.

Item 9. Notice of Dissolution of Group

Notice of dissolution of a group may be furnished as an exhibit
stating the date of the dissolution and that all further filings
with respect to transactions in the security reported on will be
filed, if required, by members of the group, in their individual
capacity. See Item 5.

Item 10. Certification

(a) The following certification shall be included if the
statement is filed pursuant to 240.13d-1(b):

By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction
having that purpose or effect.

(b) The following certification shall be included if the
statement is filed pursuant to 240.13d-1(c):

By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in
connection with or as a participant in any transaction
having that purpose or effect.




SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.

July 9, 2002
Date



Signature

Richard C. Perkins, VP/Portfolio
Manager
Name/Title

The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his
authorized representative other than and executive officer or
general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall
be filed with the statement, provided, however, that power of
attorney for this purpose which is already on file with the
Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or
printed beneath his signature.

NOTE: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See 240.13d-7 for other parties for whom copies are to be sent.

Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001)