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EXHIBIT 11
Statement Regarding Computation of Per Share Earnings
Basic
<TABLE>
<CAPTION>
Year Ended September 30,
2000 1999 1998
<S> <C> <C> <C>
Weighted average outstanding shares............................ 908,020 903,460 931,195
Net income (loss).............................................. $ 961,492 $ 1,299,999 $ 634,874
Net income (loss) per common share............................. $ 1.06 $ 1.44 $ 0.68
</TABLE>
Diluted
<TABLE>
<CAPTION>
Year Ended September 30,
2000 1999 1998
<S> <C> <C> <C>
Weighted average outstanding shares............................ 908,020 903,460 950,833
Net income (loss).............................................. $ 961,492 $ 1,299,999 $ 634,874
Net income (loss) per common share............................. $ 1.06 $ 1.44 $ 0.67
</TABLE>