EXHIBIT 11
CALCULATION OF NET INCOME PER COMMON SHARE
1996 1995 1994 1993 1992
-------- -------- ------- ------- -------
Dilutive options outstanding at
end of period (000) 0 0 625 489 204
Proceeds of dilutive options if
exercised (000) 0 0 $ 3,260 $ 1,123 $ 335
- - - Shares assumed to have been
repurchased from proceeds of
options if exercised (assuming
average share price) (000) 0 0 446 379 189
Increase in shares (000) 0 0 179 110 15
Weighted average common shares
outstanding (000) 4,076 3,848 3,631 3,804 3,803
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Weighted average common shares
outstanding for calculation of
primary and fully diluted
earnings per share (000) 4,076 3,848 3,810 3,914 3,818
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Net income (loss) (000) $ (5,857) $ (2,321) $ 2,684 $ 1,745 $ 450
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Net income (loss) per common share
as set forth in the "Statements
of Operations" based on weighted
average common shares outstanding
during each period $ (1.44) $ (.60) $ .70 $ .45 $ .12
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Additional Primary and Fully Diluted
Earnings per Share Computations *
Primary earnings per common share $ (1.44) $ (.60) $ .70 $ .45 $ .12
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Fully diluted earnings per common
share $ (1.44) $ (.60) $ .70 $ .45 $ .12
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<FN>
<F1> * This calculation is submitted in accordance with Securities Exchange Act
of 1934 Release No. 9083 although not required by footnote 2 to paragraph
14 of APB No. 15 because it results in dilution of less than 3%.
</FN>