<PAGE>
EX - 11.1
COMPUTATION OF PER SHARE EARNINGS
SEAVIEW VIDEO TECHNOLOGY, INC.
EXHIBIT
COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<CAPTION>
Quarter Quarter Nine Months Nine Months
Ended Sept. 30, Ended Sept. 30, Ended Ended
2000 1999 Sept. 30, 2000 Sept. 30,1999
--------------- -------------- ---------------- ---------------
<S> <C> <C> <C> <C>
Net income ................................... $ 216,132 $ 9,845 $ 155,128 $ 46,949
Shares:
Basic weighted average number of
shares outstanding ....................... 9,821,449 6,430,000 9,187,858 6,430,000
Additional shares adjusted-under nonvested
stock for diluted earnings per share ..... 3,149,715 2,586,282 3,149,223 2,622,822
----------- ----------- ----------- -----------
Diluted weighted average number
of shares outstanding .................... 12,971,164 9,016,282 12,337,081 9,052,822
BASIC EARNINGS PER SHARE:
Net income ................................... $ .022 $ .002 $ .017 $ .007
DILUTED EARNINGS PER SHARE:
Net income ................................... $ .017 $ .001 $ .013 $ .005
</TABLE>
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