EXHIBIT 11

COMPUTATION OF EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per
share as calculated in accordance with FASB 128.




                                                                           Three months Ended January 31,
                                                                           -----------------------------
                                                                                    (Unaudited)
                                                                     2000                                1999
                                                         -----------------------------       -----------------------------
                                                           Basic             Diluted           Basic             Diluted
                                                                                                   
NUMERATOR:

   Net (loss) from continuing operations                 $(2,083,370)      $(2,083,370)      $  (526,574)      $  (526,574)
   Net income (loss) from discontinued operations                 --                --         2,233,870         2,233,870
                                                         -----------       -----------       -----------       -----------

Net income (loss)                                        $(2,083,370)      $(2,083,370)      $ 1,707,296       $ 1,707,296
                                                         ===========       ===========       ===========       ===========

DENOMINATOR:

   Weighted average shares outstanding                     7,892,030         7,892,030         6,627,309         6,627,309
                                                         -----------       -----------       -----------       -----------

     Stock options and warrants                                   --                --                --                --
                                                         -----------       -----------       -----------       -----------


Weighted average shares outstanding                        7,892,030         7,892,030         6,627,309         6,627,309
                                                         ===========       ===========       ===========       ===========

Earnings (loss) per share - continuing operations        $     (0.26)      $     (0.26)      $     (0.08)      $     (0.08)
Earnings (loss) per share - discontinued operations               --                --              0.34              0.34
                                                         -----------       -----------       -----------       -----------

Earnings (loss) per share                                $     (0.26)      $     (0.26)      $      0.26       $      0.26
                                                         ===========       ===========       ===========       ===========


                                      16