<PAGE> 1
EXHIBIT 11
@TRACK COMMUNICATIONS, INC. AND SUBSIDIARY
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<CAPTION>
Three months ended June 30,
----------------------------
2000 1999
------------ ------------
<S> <C> <C>
Net income (loss) applicable to common stockholders:
Net income (loss) $ (3,610,000) $ 188,000
============ ============
Weighted average number of shares outstanding:
Weighted average number of shares outstanding, net of treasury shares -
Basic EPS 25,321,829 24,981,054
Additional weighted average shares for assumed exercise of stock options,
net of shares assumed to be repurchased with exercise proceeds -- 326,842
------------ ------------
Weighted average number of shares outstanding, net of treasury shares -
Diluted EPS 25,321,829 25,307,896
============ ============
Net income (loss) per common share applicable to common stockholders:
Basic EPS $ (0.14) $ 0.01
============ ============
Diluted EPS $ (0.14) $ 0.01
============ ============
</TABLE>
<TABLE>
<CAPTION>
Six months ended June 30,
----------------------------
2000 1999
------------ ------------
<S> <C> <C>
Net income (loss) applicable to common stockholders:
Net income (loss) $ (8,403,000) $ 578,000
============ ============
Weighted average number of shares outstanding:
Weighted average number of shares outstanding, net of treasury shares -
Basic EPS 25,255,039 24,955,638
Additional weighted average shares for assumed exercise of stock options,
net of shares assumed to be repurchased with exercise proceeds -- 384,271
------------ ------------
Weighted average number of shares outstanding, net of treasury shares -
Diluted EPS 25,255,039 25,339,909
============ ============
Net income (loss) per common share applicable to common stockholders:
Basic EPS $ (0.33) $ 0.02
============ ============
Diluted EPS $ (0.33) $ 0.02
============ ============
</TABLE>