AMENDED TO INCLUDE EXHIBIT 27 AS A SEPARATE DOCUMENT TO ORIGINAL FILING
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 10Q/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Period Ended September 30, 1994
Commission File Number 0-10745
DATA SWITCH CORPORATION
(Exact name of Registrant as specified in its Charter)
DELAWARE 06-0962862
(State or other jurisdiction of (IRS Employer Identification
incorporation) Number)
One Enterprise Drive, Shelton, Connecticut 06484
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (203) 926-1801
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to filing requirements for
the past 90 days, [X] YES [ ] NO.
Indicate the number of shares outstanding of each of the issuer's
classes of Common Stock at September 30, 1994.
Securities registered pursuant to Section 12(b) of the Act.
Title of Each Class Number of Shares Outstanding
Common Stock, $.01 par value, 12,343,957
with Purchase Rights attached
Common Stock Purchase Warrants 758,184
(expiring December 31, 1995)
SIGNATURES
Pursuant to the requirements of Section 13 or 15(b) of the
Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned thereunto
duly authorized.
DATA SWITCH CORPORATION
(Registrant)
Date: November 14, 1994 /s/ William J. Lifka
William J. Lifka
Chairman, President and
Chief Executive Officer
Date: November 14, 1994 /s/ W. James Whittle
W. James Whittle
Vice President and
Chief Financial Officer
Impact of Inflation
___________________
Inflation did not have a significant impact on the Company during
1993 and is not expected to do so in 1994.
PART II. OTHER INFORMATION
Item 1. Legal Proceedings
A former officer of the Company who sued the Company for
breach of an alleged promise of lifetime employment was awarded a
jury verdict of $413,000 in October 1991. In May 1993 the court
granted the Company's motion to set aside the verdict. Such former
officer appealed the court's decision. In August 1994 the
Connecticut Supreme Court upheld the lower court decision, finding
in favor of the Company. The plaintiff's motion for a rehearing of
the case was denied by the court in September 1994.
None.
Item 6. Exhibits and Reports on Form 8-K
Exhibits
(11) Computation of Earnings Per Share
(27) Financial Data Schedule
Reports on Form 8-K
The issuer has not filed any reports on Form 8-K during
the quarter for which this report is filed.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> SEP-30-1994
<CASH> 7,445
<SECURITIES> 0
<RECEIVABLES> 20,029
<ALLOWANCES> 665
<INVENTORY> 14,993
<CURRENT-ASSETS> 44,118
<PP&E> 26,425
<DEPRECIATION> 21,627
<TOTAL-ASSETS> 55,607
<CURRENT-LIABILITIES> 12,800
<BONDS> 19,515
<COMMON> 124
0
0
<OTHER-SE> 21,459
<TOTAL-LIABILITY-AND-EQUITY> 55,607
<SALES> 66,855
<TOTAL-REVENUES> 66,855
<CGS> 36,604
<TOTAL-COSTS> 36,604
<OTHER-EXPENSES> (178)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,497
<INCOME-PRETAX> 2,438
<INCOME-TAX> 853
<INCOME-CONTINUING> 1,585
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,585
<EPS-PRIMARY> .13
<EPS-DILUTED> .15
</TABLE>
