ULTICOM INC
10-Q, EX-11, 2000-09-08
TELEPHONE & TELEGRAPH APPARATUS
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                                                                 EXHIBIT 11(a)


                          ULTICOM, INC. AND SUBSIDIARY

                 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
                                   (UNAUDITED)
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)

<TABLE>
<CAPTION>
                                                                                 THREE MONTHS ENDED
                                                                        JULY 31, 1999           JULY 31, 2000
<S>                                                                   <C>                        <C>
Basic earnings per share:

      Net income                                                        $     361                 $    1,716
                                                                        =========                 ==========

Weighted average number of outstanding common shares                       32,727                     37,614
                                                                        =========                 ==========

Basic earnings per share                                                $     .01                 $      .05
                                                                        =========                 ==========

Diluted earnings per share:

      Net income                                                        $     361                 $    1,716
                                                                        =========                 ==========


Weighted average number of outstanding common shares                       32,727                     37,614
Additional shares assuming exercise of stock options                          888                      3,107
                                                                        ---------                 ----------


Weighted average number of outstanding common shares
      assuming full dilution                                               33,615                     40,721
                                                                        =========                 ==========

Diluted earnings per share                                              $     .01                 $      .04
                                                                        =========                 ==========


</TABLE>




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