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                                                                      EXHIBIT 11


                        SYNTELLECT INC. AND SUBSIDIARIES
             SCHEDULE OF COMPUTATION OF NET INCOME (LOSS) PER SHARE
                    (in thousands, except per share amounts)


<TABLE>
<CAPTION>
                                                                             Three Months Ended               Nine Months Ended
                                                                                September 30,                    September 30,
                                                                                -------------                    -------------
                                                                             1996            1995            1996            1995
                                                                             ----            ----            ----            ----
<S>                                                                        <C>             <C>             <C>             <C>      
Net income (loss)                                                          $ (1,465)       $ (1,075)       $ (2,942)       $ (2,294)
                                                                           ========        ========        ========        ========

Weighted average shares:
         Common shares outstanding                                           13,435          13,178          13,412          13,148
         Common equivalent shares representing shares
              issuable  upon exercise of stock options (1)                     --              --              --              --
                                                                           --------        --------        --------        --------
                  Total weighted average shares - primary                    13,435          13,178          13,412          13,148

Incremental common equivalent shares (calculated using
     the higher of end of  period or average market value (2)                  --              --              --              --
                                                                           --------        --------        --------        --------
                  Total weighted average shares - fully diluted              13,435          13,178          13,412          13,148
                                                                           ========        ========        ========        ========

Primary net income (loss) per common and equivalent
     share                                                                 $   (.11)       $   (.08)       $   (.22)       $   (.17)
                                                                           ========        ========        ========        ========

Fully diluted net income (loss) per common and equivalent
     share (2)                                                             $   (.11)       $   (.08)       $   (.22)       $   (.17)
                                                                           ========        ========        ========        ========

Additional adjustments to fully diluted weighted average shares (3):
         Total weighted average shares - fully diluted                       13,435          13,178          13,412          13,148
                                                                           ========        ========        ========        ========
         Common equivalent shares representing shares
              issuable upon exercise of stock options (1)                      --              --              --              --
                  Total weighted average shares - fully
                       diluted, as adjusted                                  13,435          13,178          13,412          13,148
                                                                           ========        ========        ========        ========

Fully diluted net income (loss) per common and equivalent
     share, as adjusted (3)                                                $   (.11)       $   (.08)       $   (.22)       $   (.17)
                                                                           ========        ========        ========        ========
</TABLE>

------
Notes:

(1)      Amount calculated using the treasury stock method and fair market
         values.

(2)      This calculation is submitted in accordance with Regulation S-K Item
         601(b)(11) although not required by footnote 2 to paragraph 14 of APB
         Opinion No. 15 because it results in dilution of less than 3%.
         Incremental amounts are zero; calculation is shown for presentation
         purposes only.

(3)      This calculation is submitted in accordance with Regulation S-K Item
         601(b)(11) although it is contrary to paragraph 40 of APB Opinion No.
         15 because it produces an anti-dilutive result.


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