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,
1998 1997
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Weighted average number of common shares outstanding 3,418 3,375
Common stock equivlents from outstanding stock options 0 0
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Average common and common stock equivalents outstanding 3,418 3,375
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Net Income $(444) $ (217)
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Earnings per share (1) $(.13) $ (.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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