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EXHIBIT 11
Statement of Computation of Per Share Earnings
Set forth below are the bases for the computation of earnings per share
for the periods shown.
Six Months Ended June 30,
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Earnings (loss) Per Common Share 2000 1999
Basic $0.20 $(0.32)
Average Shares Outstanding 2,062,474 2,062,474
Diluted $0.20 $(0.32)
Average Shares Outstanding 2,065,972 2,062,474
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