Exhibit 11.1 			 SHIVA CORPORATION 		 Computation of Net Income Per Share (1) 						 Year Ended 				 -------------------------------------------- 				 December 28, December 30, December 31, 				 1996 1995 1994 				 ----------- ----------- ------------ Weighted Average Common and Common Equivalent Shares: Weighted Average Common Shares Outstanding During the Period 28,424,797 25,079,951 12,829,790 Weighted Average Common Equivalent Shares 3,034,100 2,256,903 8,248,847 Dilutive Effect of Common and Common Equivalent Shares issued subsequent to October 7, 1993 (2) -- -- 1,866,284 				 ----------- ----------- ------------ 				 31,458,897 27,336,854 22,944,921 				 =========== =========== ============ Net Income (Loss) $16,841,000 $(4,852,000) $2,040,000 Primary Net Income (Loss) Per Share $ 0.54 $ (0.18) $ 0.09 - ---------------------- <FN> (1) Fully diluted net income (loss) per share has not been separately presented, as the amounts would not be materially different from primary net income (loss) per share. (2) Pursuant to Securities and Exchange Commission Staff Accounting Bulletin No. 83, certain common and common equivalent shares issued by the Company during the twelve months immediately preceding the initial filing of the registration statement relating to the Company's initial public offering have been included in the calculation of weighted average shares, using the treasury stock method and the initial public offering price, as if these shares were outstanding for all periods prior to the initial public offering.