EXHIBIT 11

<TABLE>
                           COMPUTATION OF PER SHARE EARNINGS
                         (In thousands, except per share data)
<CAPTION>
                                                  Three Months Ended   Six Months Ended 
                                                       June 30,             June 30,    
Basic Per Share Earnings (Loss)                     1998      1997      1998      1997 


<S>                                                <C>       <C>       <C>       <C>
Average shares outstanding during period           21,506    19,857    21,406    19,851
                                                  =======   =======   =======   =======




<S>                                               <C>       <C>       <C>       <C>
Net loss                                          $  (665)  $  (702)  $(1,657)  $(1,398)

Undeclared cumulative dividends on Series B
  and Series C Senior Preferred Stock                 (50)     ( 50)     (100)     (100)
                                                  -------   -------   -------   -------
Net loss applicable to common shares              $  (715)  $  (752)  $(1,757)  $(1,498)
                                                  =======   =======   =======   =======




Basic loss per common share                       $  (.03)  $  (.04)  $  (.08)  $  (.08)
                                                  =======   =======   =======   =======




</TABLE>














                                            -19-
<PAGE>
                                         EXHIBIT 11
<TABLE>

                         COMPUTATION OF PER SHARE EARNINGS (Cont'd)
                           (In thousands, except per share data)
<CAPTION>
                                                  Three Months Ended   Six Months Ended 
                                                       June 30,            June 30,     
Diluted Per Share Earnings (Loss)                   1998      1997      1998      1997 


<S>                                                <C>       <C>       <C>       <C>
Average shares outstanding during period           21,506    19,857    21,406    19,851


Employee stock options assumed exercised              324         -       473         -

Dilutive effect of convertible securities
  computed by the "if converted" method:

  Series A preferred stock                             95        95        95        95
  Series B & C preferred stock                      1,986     1,986     1,986     1,986
                                                  -------   -------   -------   -------
                                                   23,911    21,938    23,960    21,932
                                                  =======   =======   =======   =======




<S>                                               <C>       <C>       <C>       <C>
Net loss applicable to common shares              $  (665)  $  (703)  $(1,657)  $(1,398)
                                                  =======   =======   =======   =======




Diluted net loss per common share                 $  (.03)  $  (.03)  $  (.07)  $  (.06)
                                                  =======   =======   =======   =======






</TABLE>



                                            -20-