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Previous: PRIMECORE MORTGAGE TRUST INC, 10-Q, 2000-11-14 |
Next: PRIMECORE MORTGAGE TRUST INC, 10-Q, EX-27, 2000-11-14 |
EXHIBIT 11
Information for Computation of Earnings per Share
The numerators and denominators of basic and fully diluted earnings per share are as follows:
| Nine Months
Ended September 2000 |
Period from Inception
(March 18, 1999) to September 30, 1999 |
Three Months
Ended September 30 |
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| 2000
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1999
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| Net loss allowable to common denominator (numerator) | $(16,742,816)
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$(10,372,514)
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$(7,072,120)
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$(6,442,663)
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| Share used in the calculation (denominator) | |||||
| Weighted average shares outstanding | 100
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100
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100
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100
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| Effect of diluted stock options | --
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--
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--
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--
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| Fully diluted shares | 100
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100
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100
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100
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| Basic earnings per share | (167,428)
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$(103,725)
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$(70,721)
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$(64,427)
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| Fully diluted earnings per share | (167,428)
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$(103,725)
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$(70,721)
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$(64,427)
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