COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2007

Dec 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2007-12-18

Reporting Person: PORCELAIN MICHAEL (Sr. Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-18	Common Stock Par Value $0.10 per share	M	2600	$5.73	Acquired	7803	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-18	Stock Option Right to Buy	$5.73	M	2600	Disposed	2012-03-14	Common stock par value $.10 per share (2600)	Direct

Footnotes

F1: Exercise of previously granted stock option