COMVERSE TECHNOLOGY INC/NY/
10-Q, EX-11, 2000-06-14
TELEPHONE & TELEGRAPH APPARATUS
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                                                                      EXHIBIT 11

                            COMVERSE TECHNOLOGY, INC.

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

<TABLE>
<CAPTION>
                                                                                    THREE MONTHS ENDED
                                                                             APRIL 30, 1999      APRIL 30, 2000
<S>                                                                             <C>                <C>
Basic earnings per share:

     Net income                                                                 $   35,637         $    56,405
                                                                                ==========         ===========

Weighted average number of outstanding common shares                               138,642             155,193
                                                                                 =========         ===========

Basic earnings per share                                                         $    0.26         $      0.36
                                                                                 =========         ===========


Diluted earnings per share:

     Net income                                                                 $   35,637         $    56,405
     Interest expense on convertible debentures, net of tax                              -               3,638
                                                                                ----------         -----------

     Adjusted net income                                                        $   35,637         $    60,043
                                                                                ==========         ===========


Weighted average number of outstanding common shares                               138,642           155,193
Additional shares assuming exercise of stock options                                13,060              15,120
Additional shares assuming conversion
            of convertible debentures                                                    -              13,954
                                                                                 ---------         -----------


Weighted average number of outstanding common shares
     assuming full dilution                                                        151,702             184,267
                                                                                 =========         ===========

Diluted earnings per share                                                      $     0.23         $      0.33
                                                                                ==========         ===========

</TABLE>


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