INTRENET, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended September 30, Nine Months Ended September 30, 1997 1996 1997 1996 Weighted average shares outstanding during period 13,476,421 13,227,338 13,454,984 13,223,448 Assumed exercise of options and warrants 371,737 153,731 242,465 170,432 Shares assumed for fully diluted earnings per share 13,848,158 13,381,069 13,697,449 13,393,880 Earnings for the period: ($ in Thousands) Net earnings $ 714 $ (890) $ 1,176 $ (2,210) Earnings per common and common equivalent share: Primary: $ 0.05 $ (0.07) $ 0.09 $ (0.16) Fully diluted: $ N/A $ N/A $ N/A $ N/A Exhibit 11