EXHIBIT 12.1

                COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES



                                                     The  Predecessor                                       The  Company
- - - ------------------------------------------------------------------------------------------------    ------------------------------
                            Year          1/1/93         3/1/93          Year          1/1/95         9/8/95          Year
                            Ended         Through        Through         Ended         Through        Through         Ended
                          12/31/92        2/28/93       12/31/93       12/31/94        9/8/95         6/30/96        6/30/97
- - - ------------------------------------------------------------------------------------------------    ------------------------------
                                                     (in thousands)                                         (in thousands)
                                                                                              
Earnings:
   Pretax income from
      continuing
      operations         $   (5,385)    $   (2,186)    $   (4,908)    $   (5,947)    $   (5,485)    $    5,057     $    5,885
   Total fixed charges        4,439            853          2,846          3,636          2,963          1,375          5,343
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------
      Total Earnings (1) $     (946)    $   (1,333)    $   (2,062)    $   (2,311)    $   (2,522)    $    6,432     $   11,228
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------

Fixed Charges:
   Interest expense,
      including
      amortization
      of deferred
      financing fees     $    3,728     $      725     $    2,182     $    3,170     $    2,576     $      687     $    4,179
   Interest element
      of rentals (2)            711            128            664            466            387            688          1,164
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------
      Total Fixed
        Charges (1)      $    4,439     $      853     $    2,846     $    3,636     $    2,963     $    1,375     $    5,343
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------
                         ----------     ----------     ----------     ----------     ----------     ----------     ----------

Ratio of Earnings to
   Fixed Charges              (0.21)         (1.56)         (0.72)         (0.64)         (0.85)          4.68           2.10

Dollar Deficiency
   of Earnings to
   Fixed Charges (3)         (5,385)        (2,186)        (4,908)        (5,947)        (5,485)             -              -



Note:

1.   In computing the ratio of earnings to fixed charges: (a) "earnings" have
     been based on income from continuing operations before income taxes and
     fixed charges and (b) "fixed charges" consists of interest expense,
     including amortization of deferred financing fees and the estimated
     interest portion of rents.

2.   The interest portion of rent expense was assumed to be one-third of the
     total rental expense.

3.   For the year ended December 31, 1992, the periods from January 1, 1993
     through February 28, 1993 and March 1, 1993 through December 31, 1993,
     the year ended December 31, 1994 and the period January 1, 1995 through
     September 8, 1995, earnings are inadequate to cover fixed charges.