-----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,
 WidBe1uM6egCn3aleXzg6FVNuXEfKeHDxmH3cynLa2+INqRs/GqdCvbDx5mD81Yf
 2DaEh5XfEy2gOBsbYNsZ8A==

<SEC-DOCUMENT>0000724910-04-000013.txt : 20040817
<SEC-HEADER>0000724910-04-000013.hdr.sgml : 20040817
<ACCEPTANCE-DATETIME>20040817190538
ACCESSION NUMBER:		0000724910-04-000013
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040817
FILED AS OF DATE:		20040817

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOLLISTER PATRICIA M
		CENTRAL INDEX KEY:			0001195590

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		04982932

	BUSINESS ADDRESS:	
		STREET 1:		C/O FSI INTERNATIONAL INC
		STREET 2:		3455 LYMAN BLVD MS4-8448
		CITY:			CHASKA
		STATE:			MN
		ZIP:			55318-8448
		BUSINESS PHONE:		9523613052

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-08-17</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000724910</issuerCik>
        <issuerName>NVE CORP /NEW/</issuerName>
        <issuerTradingSymbol>NVEC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001195590</rptOwnerCik>
            <rptOwnerName>HOLLISTER PATRICIA M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Non-Qualified Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>37.38</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-08-17</value>
            </exerciseDate>
            <expirationDate>
                <value>2014-08-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000</value>
                    <footnoteId id="F1"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Option granted automatically upon Ms. Hollister's election to the Board of Directors.
Vesting in 25% installments beginning with the date of the grant and each year thereafter.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Curt A. Reynders, by power of attorney</signatureName>
        <signatureDate>2004-08-17</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>pmh-poa.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
                         POWER OF ATTORNEY

I hereby constitute and appoint Daniel A. Baker and Curt
Reynders, and each of them, acting alone without any of the
others, my true and lawful attorneys-in-fact and agents, with
full power of substitution and resubstitution, for me and in my
name, place and stead, in any and all capacities, to prepare,
sign and file any and all Forms 3, 4, 5 and 144 and any successor
Forms (and any amendments or corrections to all such forms, and
any related documents or items) which they deem needed or
desirable with the Securities and Exchange Commission and any and
all stock exchanges, granting unto said attorneys-in-fact and
agents full power and authority to do and perform each and every
act and thing necessary or appropriate in connection with this
power and authority, hereby ratifying and confirming all that
said attorneys-in-fact and agents, or their substitute or
substitutes, may lawfully do or cause to be done by virtue
thereof.


By:  /s/ Patricia M. Hollister

Printed Name:  Patricia M. Hollister

Date: 8-15-04

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
