Exhibit 11 			 			 Shiva Corporation 	 Computation of Net Income (Loss) Per Share (1) 					 Three months ended 				 --------------------------- 					March 29, March 30, 					 1997 1996 (2) 				 ------------- ------------- Weighted Average Common and Common Equivalent Shares: Weighted Average Common Shares Outstanding During the Period 28,971,621 27,830,865 Weighted Average Common Equivalent Shares - 2,694,207 				 ---------- ---------- 				 28,971,621 30,525,072 				 ========== ========== Net Income (Loss) ($8,370,000) $4,339,000 Primary Net Income (Loss) Per Share ($0.29) $0.14 <FN> (1) Fully diluted net income per share has not been separately presented, as the amounts would not be materially different from primary net income per share. Net loss per share excludes common equivalent shares because their effect is antidilutive. <FN> (2) Retroactively adjusted to reflect the one-for-one stock dividend on all shares of the Company's common stock declared by the Company's Board of Directors on April 2, 1996. The stock dividend was paid on April 22, 1996, to all stockholders of record on April 12, 1996.