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EXHIBIT 11.1
STATEMENTS REGARDING COMPUTATION OF EARNINGS PER SHARE
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2000 1999 1998
(In thousands, except per share amounts)
<S> <C> <C> <C>
Weighted Average Number of Shares
of Common Stock Outstanding 15,415 15,318 15,116
Net Effect of Dilutive Stock Options -- -- --
-------- -------- --------
Weighted Average Shares Outstanding 15,415 15,318 15,116
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Net Loss $(32,405) $(13,309) $(11,830)
Less Accrued Convertible Preferred Stock Dividend (2,137) (1,980) (541)
-------- -------- --------
Net Loss Attributable to Common Shareholders $(34,542) $(15,289) $(12,371)
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Basic and Diluted Net Loss Per Share $ (2.24) $ (1.00) $ (0.82)
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