<PAGE>
EXHIBIT 11
OUTPOST.COM
Computation of Loss per Share
(In thousands, except per share data)
(Unaudited)
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
August 31, August 31,
------------------ ------------------
2000 1999 2000 1999
------- -------- -------- --------
<S> <C> <C> <C> <C>
Basic and diluted:
Net loss............................... $(6,667) $(8,393) $(14,032) $(17,247)
======= ======= ======== ========
Basic and diluted weighted average
shares outstanding.................... 28,482 23,252 28,248 23,138
======= ======= ======== ========
Basic and diluted net loss per share... $ (0.23) $ (0.36) $ (0.50) $ (0.75)
======= ======= ======== ========
</TABLE>