Exhibit 11 Computation of Net Loss Per Share
1999 1998 1997
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Loss before extraordinary gain
and income taxes $(16,660) $(25,417) $(22,142)
Provision (benefit) for
income taxes (2,152) 5,441 --
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Net loss before
extraordinary item (14,508) (30,858) (22,142)
Extraordinary gain, net of
tax of $2.2 16,116 -- --
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Net income(loss) 1,608 (30,858) (22,142)
Preferred deemed dividend (3,043) -- --
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Net loss available to
common shareholders $ (1,435) $(30,858) $(22,142)
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LOSS PER SHARE - BASIC $ (0.09) $ (4.36) $ (3.52)
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Weighted average shares of
common stock outstanding 15,489 7,081 6,299
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LOSS PER SHARE - DILUTED $ (0.09) $ (4.36) $ (3.52)
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Weighted average shares of
common stock and common stock
equivalents outstanding 15,489 7,081 6,299
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