<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS IN THE QUARTERLY REPORT ON FORM 10-Q OF DIGITAL MICROWAVE CORPORATION FOR THE FISCAL QUARTER ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 17,372 <SECURITIES> 10,569 <RECEIVABLES> 58,596 <ALLOWANCES> 4,772 <INVENTORY> 55,018 <CURRENT-ASSETS> 149,769 <PP&E> 95,112 <DEPRECIATION> 51,281 <TOTAL-ASSETS> 200,989 <CURRENT-LIABILITIES> 66,838 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 470 <OTHER-SE> 133,229 <TOTAL-LIABILITY-AND-EQUITY> 200,989 <SALES> 176,774 <TOTAL-REVENUES> 176,774 <CGS> 179,230 <TOTAL-COSTS> 179,230 <OTHER-EXPENSES> 91,940 <LOSS-PROVISION> 4,282 <INTEREST-EXPENSE> 199 <INCOME-PRETAX> (93,548) <INCOME-TAX> 522 <INCOME-CONTINUING> (94,070) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (94,070) <EPS-PRIMARY> (1.53) <EPS-DILUTED> (1.53)