PRIMECORE MORTGAGE TRUST INC
10-Q, EX-11, 2000-08-14
REAL ESTATE INVESTMENT TRUSTS
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EXHIBIT 11
Statements re: Computation of Earnings per Share
 
The numerators and denominators of basic and fully diluted earnings per share are as follows:
 
       Six Months
Ended June,
2000

     Period from inception
(March 18, 1999) to
June 30, 1999

  Three Months
Ended June 30

         
2000

 
1999

Net loss allocable to common (numerator)   (8,447,604 )   (3,929,851 )  
(3,800,086
)
 
(3,929,851
)
Share used in the calcution (denominator)          
          Weighted average shares outstanding      100        100    
100
 
100
          Effect of diluted stock options                
 
          Fully diluted shares      100           
100
 
100
     
     
    

 

Basic earning per share      (84,476 )      (39,299 )  
(38,001
)
 
(39,299
)
     
     
    

 

Fully diluted earnings per share      (84,476 )      (39,299 )  
(38,001
)
 
(39,299
)
     
     
    

 



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