EXHIBIT (11) STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE THREE MONTHS ENDED MARCH 31 --------------------------- 2000 1999 ---- ---- (IN THOUSANDS, EXCEPT PER SHARE DATA) NET LOSS $(4,329) $(2,139) BASIC AND DILUTED ----------------- WEIGHTED AVERAGE SHARES USED TO COMPUTE NET LOSS PER SHARE : 9,370 2,975 ------- ------- BASIC AND DILUTED NET LOSS PER SHARE : $ (0.46) $ (0.72) ======= =======