ZAPATA CORP
10-Q, EX-11, 2000-11-14
FATS & OILS
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EXHIBIT 11

STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS

ZAPATA CORPORATION

Nine Months Ended
September 30,
Three Months Ended
September 30,


2000 1999 2000 1999




Net loss (in thousands) (a)   $ (10,526 ) $ (9,438 ) $ (7,408 ) $ (7,942 )
Weighted Basic Shares (b)    23,887,078    23,887,078    23,887,078    23,887,078  
Effect of assumed exercise of Common Stock
   equivalents
                 
Weighted diluted shares (c)    23,887,078    23,887,078    23,887,078    23,887,078  
Basic earnings per share (a)/(b)   $ (0.44 ) $ (0.40 ) $ (.31 ) $ (.33 )
Diluted earnings per share (a)/(c)   $ (0.44 ) $ (0.40 ) $ (.31 ) $ (.33 )


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