EXHIBIT 11


           Statement Regarding Computation of Net Earnings Per Share
                                (Unaudited)


      Net loss per share, or basic earnings per share, is computed by
      dividing earnings available for common shares by the weighted average
      number of common shares outstanding during each year. Net loss per
      share assuming dilution, or diluted earnings per share, is computed
      by dividing earnings available for common shares by the weighted
      average number of common shares outstanding during each year,
      adjusted to include the additional number of common shares that would
      have been outstanding if the dilutive potential common shares had
      been issued. Potential common shares are not included in the diluted
      earnings per share calculations where the effect of their inclusion
      would be antidilutive.