1
EXHIBIT 11.1



               COMPUTATION OF NET INCOME (LOSS) PER COMMON SHARE
              (unaudited; in thousands, except per share amounts)





                                                                                                     
                                                          Three Months Ended               Nine Months Ended       
                                                              March 31,                         March 31,           
                                                      --------------------------         ------------------------    
                                                        1998            1997               1998            1997      
                                                      ---------       ----------         ---------       --------   
                                                                                                       
Weighted Average Shares                                   9,902            9,796             9,888           9,747         
                                                      ---------       ----------         ---------       ---------         
SHARES USED IN BASIC EPS COMPUTATION                      9,902            9,796             9,888           9,747         
                                                      =========       ==========         =========       =========         
Dilutive potential common shares, treasury                                                                                 
stock method                                                 87                -                 -               -         
                                                      ---------       ----------         ---------       ---------         
SHARES USED IN DILUTED EPS COMPUTATION                    9,989            9,796             9,888           9,747         
                                                      =========       ==========         =========       =========         
                                                                                                                           
NET INCOME (LOSS)                                     $      73       $   (6,923)        $  (3,349)      $ (14,616)        
                                                                                                                           
                                                                                                                           
NET INCOME (LOSS) PER COMMON SHARE - BASIC EPS        $    0.01       $    (0.71)        $   (0.34)      $   (1.50)        
                                                                                                                           
                                                                                                                           
NET INCOME (LOSS) PER COMMON SHARE - DILUTED EPS      $    0.01       $    (0.71)        $   (0.34)      $   (1.50)        
 
         
         
                                       18