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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 and Exchange Act of 1934




Date of Report (Date of earliest event reported)        APRIL 15, 1998
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                               CROWN GROUP, INC.
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             (Exact name of registrant as specified in its charter)





         TEXAS                        0-14939                 63-0851141 
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(State or other jurisdiction  (Commission File Number)        (IRS employer 
    of incorporation)                                     Identification No.)
    





        4040 NORTH MACARTHUR BOULEVARD, SUITE 100, IRVING, TEXAS 75038
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                    (Address of principal executive offices)





Registrant's telephone number, including area code      (972) 717-3423
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         (Former name or former address, if changed since last report)
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ITEM 5.  OTHER EVENTS.


                           OWNERSHIP OF INKTOMI STOCK

On or about February 25, 1998 Crown Group, Inc. ("Crown" or the "Company")
purchased 333,333 unregistered shares of Series A Preferred Stock of Inktomi
Corporation ("Inktomi") for $1,000,000 ($3.00 per share). These shares are
convertible into common stock of Inktomi.  In April 1998 Inktomi's Board of
Directors approved a 2:3 reverse stock split of its common stock, which if
approved by its shareholders would result in the Company owning 222,222 shares
of Inktomi Series A Preferred Stock.  Crown presently has about a 1% ownership
interest in Inktomi. Inktomi is a private company based in San Mateo,
California that develops and markets scalable software applications designed to
significantly enhance the performance and intelligence of large-scale networks.
Inktomi has developed a search engine that enables customers to provide a
variety of Internet search services to end users, and a network cache product
designed to address capacity constraints in high-traffic network routes.

On April 15, 1998 Inktomi filed a registration statement on Form S-1 to register
2,200,000 shares of its common stock in an initial public offering. Of the
2,200,000 shares being registered, 2,000,000 are being sold by Inktomi and
200,000 are being sold by certain selling shareholders.  The registration
statement states that the estimated offering price will be between $12.00 to
$14.00 per share (post reverse split), although there can be no assurance that
such offering will be completed, or that it will be completed at the estimated
offering price.  At present Crown does not intend to participate as a selling
shareholder in Inktomi's initial public offering. Furthermore, it has agreed to
not sell any of its Inktomi stock for a period of 180 days following Inktomi's
initial public offering, unless approved by Inktomi or its underwriters.
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                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       Crown Group, Inc.



                                       By:   /s/ Mark D. Slusser           
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                                             Mark D. Slusser
                                             Chief Financial Officer

Dated:      April 17, 1998           
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