1

                                                                      Exhibit 12

                       RATIO OF EARNINGS TO FIXED CHARGES


(thousands)
   


                                                                                                   
                                                                                                     
                                                                                                      PRO FORMA
                                   1992         1993         1994            1995          1996         1996
                                     $            $            $               $             $            $
- --------------------------------------------------------------------------------------------------------------------
                                                                                     
Net (loss) income before      
  extraordinary items               (12)         (95)        (104)             687            572       (8,203)
                                                                                                     
Add interest expense                227          227          625            1,294          2,481       11,850
                                                                                                     
Interest on operating leases         41           43          186              232            299          499
- -------------------------------------------------------------------------------------------------------------------
                                    256          175          707            2,213          3,352        4,146
Interest expense plus interest                                                                       
  on operating leases               268          270          811            1,526          2,780       12,349
- --------------------------------------------------------------------------------------------------------------------
Ratio                                 -            -            -            1.450          1.206            -
- --------------------------------------------------------------------------------------------------------------------
Deficiency                          (12)         (95)        (104)             n/a            n/a       (8,203)
- --------------------------------------------------------------------------------------------------------------------               
                                     
                                                                                                               
                                      
                                                                                                                                   
                                                                                                               
                                                                            NINE MONTHS      NINE MONTHS       
                                      NINE MONTHS     NINE MONTHS              ENDED            ENDED          
                                         ENDED           ENDED               SEPTEMBER        SEPTEMBER        
                                       SEPTEMBER       SEPTEMBER              30, 1996         30, 1997        
                                        30, 1996        30, 1997              PRO FORMA        PRO FORMA       
                                            $              $                     $                $            
- --------------------------------------------------------------------------------------------------------        
                                                                                              
Net (loss) income before                                                                                       
  extraordinary items                        570         2,297                 (5,418)         (3,023)         
                                                                                                               
Add interest expense                       1,702         2,901                  8,888           8,888          
                                                                                                               
Interest on operating leases                 209           326                    372             379          
- --------------------------------------------------------------------------------------------------------        
                                           2,481         5,524                  3,842           6,244          
Interest expense plus interest                                                                                 
  on operating leases                      1,911         3,227                  9,260           9,267          
- --------------------------------------------------------------------------------------------------------        
Ratio                                      1.298         1.712                      -               -          
- --------------------------------------------------------------------------------------------------------        
Deficiency                                   n/a           n/a                 (5,418)         (3,023)         
- ---------------------------------------------------------------------------------------------------------