International Telemetering Conference Proceedings / October 25-28, 1999 / Riviera Hotel and Convention Center, Las Vegas, Nevada / There are two misty understandings about PCM telemetry system in conventional concept: Waveform can not be restored accurately; to be restored accurately, a measured signal must be sampled at a higher sample rate. This paper discusses that by making use of multi-sample rate DSP technology, the sample rate of a measured signal can be reduced in transmission equipment, or system precision can be retained even if the performance of low pass filter declined.