BOOMTOWN, INC.
EXHIBIT 11.1 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (LOSS) OF
THE COMPANY
Three Months Ended Nine Months Ended
June 30, June 30,
1995 1996 1995 1996
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Net income (loss) applicable to Common Stock $(1,849,219) $(30,826,491) $(1,212,066) $(31,135,106)
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Weighted average shares outstanding 9,228,726 9,251,482 9,226,643 9,243,243
Net effect of dilutive stock options based
on the treasury stock method using
the average market price -- -- -- --
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Total weighted average shares outstanding 9,228,726 9,251,482 9,226,643 9,243,243
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Net income (loss) per share of Common Stock $ (0.20) $ (3.33) $ (.13) $ (3.37)
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