Signal Technology Corp Watch

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Signal Technology Gabelli Securities, Inc. 5/23/03 9,000- 13.2500 Gabelli Associates Ltd 5/23/03 210,766- 13.2500 Gaf II 5/23/03 5,000- 13.2500 Gabelli Associates Fund 5/23/03 283,760- 13.2500 5/23/03 1,750 13.2300 5/20/03 1,800- 13.2500 Mjg Associates, Inc. Gabelli Performance Partnership 5/23/03 10,000- 13.2500 Gabelli Fund, Ldc 5/23/03 4,000- 13.2500 Gamco Investors, Inc. 5/23/03 71,685- 13.2500 5/23/03 260,326- 13.2500 5/21/03 3,226 13.2300 5/19/03 25,000 13.2190 5/14/03 21,700 13.2100 5/13/03 13,300 13.2100 Gabelli Funds, LLC. Gabelli Abc Fund 5/23/03 84,600- 13.2500 (1) the Dispositions on 5/23/03 Were Made in Connection With the Tender Offer Described in Item 5(e) of This Amendment to Schedule 13d. Unless Otherwise Indicated, All Other Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Signal Technology Gamco Investors, Inc. 5/09/03 35,925 13.1900 5/09/03 2,000 13.1984 5/08/03 2,200 13.1700 5/07/03 4,900 13.1800 5/06/03 1,300 13.1700 5/05/03 6,960 13.1700 5/02/03 5,000 13.1730 Gabeli Securities, Inc. Gabelli Associates Ltd 5/08/03 3,540 13.1710 Gabelli Associates Fund 5/08/03 4,000 13.1710 5/02/03 100 13.1500 Gabelli Funds, LLC. Gabelli Abc Fund 5/09/03 13,000 13.1900 5/06/03 41,100 13.1800 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission

from S-3 ~20 pages Form of Underwriting Agreement

from 10-Q 1 page Exhibit 1 Signal Technology Corporation and Subsidiaries Computation of Net Loss Per Share (In Thousands, Except Per Share Amounts) Three Months Ended March 31, March 31, 1996 1995 Net Loss.......................................... $ (155) $ (458) ====== ====== Weighted Average Number of Shares Outstanding During the Period................................. 6,977 6,845 Net Loss Per Share................................ $(0.02) $(0.07) ====== ====== Page 10