EXHIBIT 11.1 			 CORCOM, INC. AND SUBSIDIARIES 		 COMPUTATION OF INCOME (LOSS) PER SHARE 	 for the years ended December 31, 1995, 1994 and 1995 		 (Amounts in thousands except per share information) 						 1995 1994 1993 Common and common equivalent shares: Average shares outstanding 3,686 3,570 3,560 Additional shares assuming exercise of dilutive stock options, based on the treasury stock method using average market price 181 150 Average number of common and common equivalent shares 3,867 3,720 3,560 Net income (loss) $2,786 $1,243 $(2,047) Net income (loss) per common and common equivalent share $ .72 $ .33 $ (.58) Net income (loss) per common and common equivalent share, assuming full dilution: Average shares outstanding 3,686 3,570 3,560 Additional shares assuming exercise of dilutive stock options, based on the treasury stock method using the period-end price if higher than the average market price 209 152 Fully diluted average number of common and common equivalent shares 3,895 3,722 3,560 Net income (loss) $2,786 $1,243 $(2,047) Net income (loss) per common and common equivalent share $ .72 $ .33 $ (.58) <FN> Note: Common equivalent shares were not considered in the 1993 computations since they would have been anti-dilutive. They were, however, taken into account for 1994.