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EXHIBIT 11.1
COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
The following calculation is submitted in accordance with requirements
of the Securities Exchange Act of 1934:
<TABLE>
<CAPTION>
For the three months ended For the nine months
September 30, ended September 30,
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2000 1999 2000 1999
--------------- --------------- --------------- ---------------
(amounts in thousands)
<S> <C> <C> <C> <C>
Net loss available for common
shareholders ($584) ($593) ($26,790) ($1,466)
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Weighted average common
shares outstanding used in
calculating basic and
diluted net loss per
common share 7,119 7,201 7,119 7,206
====== ====== ======== =======
Basic and diluted net loss per common
share ($0.08) ($0.08) ($3.76) ($0.20)
====== ====== ======== =======
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