EXHIBIT 11




EAGLE POINT SOFTWARE CORPORATION AND SUBSIDIARY
CONSOLIDATED STATEMENT REGARDING COMPUTATION OF NET EARNINGS PER SHARE
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                                                                             Six Months Ended
                                                                               December 31,
                                                              -----------------------------------------------
                                                                      1998                      1997

SHARES USED IN DETERMINING BASIC EARNINGS PER SHARE:

                                                                                  
Weighted average common shares outstanding                                4,821,066                 4,813,118
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SHARES USED IN DETERMINING DILUTED EARNINGS PER SHARE:

Weighted average common shares outstanding                                4,821,066                 4,813,118

Net effect of stock options based on the treasury stock
  method using the average market price during the period                   184,169                     3,885
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     Total weighted average common and common equivalent
        shares outstanding                                                5,005,235                 4,817,003
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