1 EXHIBIT 11.
MUSTANG SOFTWARE, INC.
COMPUTATION OF EARNINGS PER SHARE
(In thousands, except earnings per share) (Unaudited)
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Three Months Ended
March 31,
1996 1997
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Weighted average number of common shares outstanding 3,358 3,375
Common stock equivlents from outstanding stock options 0 0
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Average common and common stock equivalents outstanding 3,358 3,375
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Net Income $ (651) $ (217)
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Earnings per share (1) $ (.19) $ (.06)
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(1) Fully diluted earnings per share have not been presented because the
effects are not material.
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