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DIGITAL TRANSMISSION SYSTEMS, INC.
EXHIBIT 11
<TABLE>
<CAPTION>
THREE MONTHS ENDED
SEPTEMBER 30,
(000'S OMITTED)
-------------------------
2000 1999
-------- ------
<S> <C> <C>
BASIC
Net income (loss) attributable to common shareholders $ (1,212) 17
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Shares:
Weighted average number of common shares outstanding 10,240 4,646
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Net income (loss) per common share $ (0.12) 0.004
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DILUTED
Net income (loss) for diluted calculation $ (1,212) 17
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Shares:
Weighted average number of common shares outstanding 10,240 4,646
Shares issuable from assumed exercise of options and warrants 1,342 --
Convertible debt 721 --
Convertible preferred stock 1,314 --
-------- ------
13,617 4,646
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Net income (loss) per common share(1) $ (0.12) 0.004
======== ======
</TABLE>
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(1) Potentially dilutive securities not included as their effect would be
anti-dilutive.
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