<PAGE>   1



EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>              <C>            <C>             <C>
    12/31/95      Common Stock                          47,189,173       47,189,173     47,189,173      47,189,173
    02/13/96      Common Stock                               3,473            3,473          3,473           3,473
    02/22/96      Common Stock                                 833              833            833             833
    02/28/96      Common Stock                               7,686            7,686          7,686           7,686
    03/06/96      Common Stock                               1,770            1,770          1,770           1,770
    03/12/96      Common Stock                               9,258            9,258          9,258           9,258
    03/20/96      Common Stock                               5,391            5,391          5,391           5,391
    03/25/96      Common Stock                             117,188          117,188        117,188         117,188
    04/11/96      Common Stock                              16,280           16,280         16,280          16,280
    04/26/96      Common Stock                              39,063           39,063         39,063          39,063
    05/30/96      Common Stock                               2,083            2,083          2,083           2,083
    06/13/96      Common Stock                             201,239          201,239        201,239         201,239
    06/14/96      Common Stock                             206,250          206,250        206,250         206,250
    08/29/96      Common Stock                           2,210,938        2,210,938      2,210,938       2,210,938
    11/06/96      Common Stock                                  69               69             69              69
    11/25/96      Common Stock                               1,738            1,738          1,738           1,738
    12/26/96      Common Stock                               8,594            8,594          8,594           8,594
    12/27/96      Common Stock                               3,125            3,125          3,125           3,125
    12/31/96      Common Stock                              79,167           79,167         79,167          79,167
    01/14/97      Common Stock                               1,563            1,563          1,563           1,563
    01/17/97      Common Stock                               7,014            7,014          7,014           7,014
    01/21/97      Common Stock                              36,456           36,456         36,456          36,456
    02/06/97      Common Stock                                 348              348            348             348
    03/26/97      Common Stock                               2,344            2,344          2,344           2,344
    05/30/97      Common Stock                               1,406            1,406          1,406           1,406
    06/20/97      Common Stock                               1,564            1,564          1,564           1,564
    06/25/97      Common Stock                               8,334            8,334          8,334           8,334
    07/10/97      Common Stock                              28,073           28,073         28,073          28,073
    09/16/97      Common Stock                               5,520            5,520          5,520           5,520
    09/26/97      Common Stock                              44,791           44,791         44,791          44,791
    10/03/97      Common Stock                                 313              313            313             313
    10/15/97      Common Stock                              12,873           12,873         12,873          12,873
    10/16/97      Common Stock                               3,516            3,516          3,516           3,516
    12/10/97      Common Stock                                 869              869            869             869
    12/18/97      Common Stock                               1,123            1,123          1,123           1,123
    12/22/97      Common Stock                               3,125            3,125          3,125           3,125
    12/26/97      Common Stock                               3,125            3,125          3,125           3,125
    01/08/98      Common Stock                              62,714           62,714         62,714          61,339
    01/12/98      Common Stock                               8,438            8,438          8,438           8,159
    01/16/98      Common Stock                               5,222            5,222          5,222           4,994
    01/26/98      Common Stock                               2,344            2,344          2,344           2,177
    01/28/98      Common Stock                              30,208           30,208         30,208          27,891
    01/29/98      Common Stock                                 469              469            469             431
    02/03/98      Common Stock                              12,500           12,500         12,500          11,336
    02/06/98      Common Stock                               1,563            1,563          1,563           1,405
    02/09/98      Common Stock                              11,458           11,458         11,458          10,202
    02/10/98      Common Stock                               1,875            1,875          1,875           1,664
    02/11/98      Common Stock                               5,088            5,088          5,088           4,502
    02/17/98      Common Stock                              12,813           12,813         12,813          11,128
    02/25/98      Common Stock                               4,375            4,375          4,375           3,703
    03/04/98      Common Stock                                 313              313            313             258
    03/06/98      Common Stock                               5,938            5,938          5,938           4,880
    03/11/98      Common Stock                              14,531           14,531         14,531          11,744
    03/12/98      Common Stock                               2,188            2,188          2,188           1,763
    03/13/98      Common Stock                               4,063            4,063          4,063           3,261
    03/23/98      Common Stock                              11,042           11,042         11,042           8,563
    04/02/98      Common Stock                               4,688            4,688          4,688           3,506
    04/06/98      Common Stock                               5,938            5,938          5,938           4,375
    04/07/98      Common Stock                              10,417           10,417         10,417           7,648
    04/13/98      Common Stock                               2,656            2,656          2,656           1,906
    04/20/98      Common Stock                               5,781            5,781          5,781           4,039
    04/24/98      Common Stock                          10,871,123       10,871,123     10,871,123       7,475,759
    04/27/98      Common Stock                               1,563            1,563          1,563           1,061
    05/07/98      Common Stock                           3,048,438        3,048,438      3,048,438       1,987,748
</TABLE>


<PAGE>   2



EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>            <C>                                   <C>              <C>             <C>             <C>
    05/12/98      Common Stock                               1,250            1,250          1,250             798
    05/18/98      Common Stock                               3,125            3,125          3,125           1,944
    05/19/98      Common Stock                               6,875            6,875          6,875           4,256
    05/21/98      Common Stock                               4,219            4,219          4,219           2,589
    05/26/98      Common Stock                              37,761           37,761         37,761          22,656
    05/27/98      Common Stock                               5,625            5,625          5,625           3,359
    06/05/98      Common Stock                               3,125            3,125          3,125           1,789
    06/08/98      Common Stock                               1,523            1,523          1,523             859
    06/10/98      Common Stock                               5,000            5,000          5,000           2,794
    06/25/98      Common Stock                              15,625           15,625         15,625           8,091
    06/29/98      Common Stock                                 625              625            625             317
    07/02/98      Common Stock                              19,661           19,661         19,661           9,805
    07/06/98      Common Stock                               2,500            2,500          2,500           1,219
    07/14/98      Common Stock                               7,344            7,344          7,344           3,420
    07/16/98      Common Stock                                 313              313            313             144
    07/22/98      Common Stock                               1,250            1,250          1,250             555
    07/23/98      Common Stock                               1,719            1,719          1,719             758
    07/29/98      Common Stock                              41,875           41,875         41,875          17,784
    08/03/98      Common Stock                              47,917           47,917         47,917          19,692
    08/12/98      Common Stock                              10,156           10,156         10,156           3,923
    08/20/98      Common Stock                               3,438            3,438          3,438           1,253
    08/26/98      Common Stock                              26,667           26,667         26,667           9,278
    09/17/98      Common Stock                              11,719           11,719         11,719           3,372
    10/02/98      Common Stock                                 625              625            625             155
    10/05/98      Common Stock                              17,353           17,353         17,353           4,136
    10/07/98      Common Stock                                 406              406            406              95
    10/19/98      Common Stock                               4,427            4,427          4,427             886
    10/21/98      Common Stock                               7,019            7,019          7,019           1,366
    10/27/98      Common Stock                          13,522,119       13,522,119     13,522,119       2,408,048
    10/30/98      Common Stock                                  55               55             55               9
    11/09/98      Common Stock                                 156              156            156              22
    11/16/98      Common Stock                              20,234           20,234         20,234           2,495
    11/17/98      Common Stock                          15,775,705       15,775,705     15,775,705       1,901,725
    11/19/98      Common Stock                              19,938           19,938         19,938           2,294
    11/24/98      Common Stock                               9,375            9,375          9,375             950
    11/25/98      Common Stock                                 120              120            120              13
    11/30/98      Common Stock                              21,875           21,875         21,875           1,858
    12/02/98      Common Stock                                 642              642            642              52
    12/07/98      Common Stock                              12,672           12,672         12,672             833
    12/08/98      Common Stock                              18,802           18,802         18,802           1,184
    12/11/98      Common Stock                               3,125            3,125          3,125             172
    12/15/98      Common Stock                                 391              391            391              17
    12/22/98      Common Stock                                  58               58             58               2
    12/23/98      Common Stock                                 148              148            148               3
    12/24/98      Common Stock                                 125              125            125               3
    12/29/98      Common Stock                              15,625           15,625         15,625              86
    12/30/98      Common Stock                               2,402            2,402          2,402               6
    12/31/98      Common Stock                              13,413           13,413         13,413
    01/04/99      Common Stock                               6,250            6,250          6,182
    01/06/99      Common Stock                                 469              469            461
    01/07/99      Common Stock                                 156              156            153
    01/11/99      Common Stock                              46,044           46,044         44,655
    01/12/99      Common Stock                             115,782          115,782        111,974
    01/14/99      Common Stock                               2,394            2,394          2,302
    01/15/99      Common Stock                               7,031            7,031          6,742
    01/19/99      Common Stock                                 250              250            237
    01/20/99      Common Stock                              28,125           28,125         26,584
    01/21/99      Common Stock                               1,876            1,876          1,768
    01/22/99      Common Stock                              10,574           10,574          9,937
    01/25/99      Common Stock                              80,158           80,158         74,667
    01/26/99      Common Stock                              14,687           14,687         13,641
    01/27/99      Common Stock                                 938              938            868
    01/28/99      Common Stock                               4,688            4,688          4,328
    01/29/99      Common Stock                              18,906           18,906         17,404
</TABLE>



<PAGE>   3



EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>              <C>            <C>             <C>
    02/01/99      Common Stock                               5,313            5,313          4,846
    02/02/99      Common Stock                              13,438           13,438         12,222
    02/03/99      Common Stock                                 499              499            452
    02/05/99      Common Stock                              35,976           35,976         32,425
    02/08/99      Common Stock                               4,219            4,219          3,768
    02/09/99      Common Stock                               6,250            6,250          5,565
    02/10/99      Common Stock                              27,083           27,083         24,041
    02/12/99      Common Stock                               9,464            9,464          8,350
    02/16/99      Common Stock                               5,313            5,313          4,629
    02/17/99      Common Stock                              10,625           10,625          9,228
    02/19/99      Common Stock                               7,813            7,813          6,742
    02/22/99      Common Stock                                  75               75             64
    02/23/99      Common Stock                               6,563            6,563          5,591
    02/26/99      Common Stock                              39,844           39,844         33,622
    03/01/99      Common Stock                              40,625           40,625         33,947
    03/03/99      Common Stock                                 274              274            227
    03/05/99      Common Stock                                  57               57             48
    03/08/99      Common Stock                          19,855,189       19,855,189     16,210,538
    03/11/99      Common Stock                              20,677           20,677         16,711
    03/12/99      Common Stock                              10,000           10,000          8,054
    03/15/99      Common Stock                              16,615           16,615         13,245
    03/16/99      Common Stock                              15,939           15,939         12,662
    03/17/99      Common Stock                               5,125            5,125          4,058
    03/23/99      Common Stock                               7,019            7,019          5,442
    03/26/99      Common Stock                              39,068           39,068         29,970
    03/30/99      Common Stock                              14,377           14,377         10,870
    03/31/99      Common Stock                              70,326           70,326         52,985
    04/01/99      Common Stock                              10,156           10,156          7,624
    04/08/99      Common Stock                             465,893          465,893        340,804
    04/09/99      Common Stock                                 469              469            342
    04/12/99      Common Stock                                  63               63             45
    04/13/99      Common Stock                              19,063           19,063         13,683
    04/14/99      Common Stock                              19,531           19,531         13,966
    04/15/99      Common Stock                              29,689           29,689         21,147
    04/19/99      Common Stock                              17,368           17,368         12,180
    04/20/99      Common Stock                                 625              625            437
    04/21/99      Common Stock                                  31               31             22
    04/23/99      Common Stock                                  63               63             43
    04/26/99      Common Stock                              29,890           29,890         20,391
    04/28/99      Common Stock                              17,031           17,031         11,526
    04/29/99      Common Stock                              24,688           24,688         16,639
    04/30/99      Common Stock                               7,813            7,813          5,244
    05/03/99      Common Stock                              14,063           14,063          9,324
    05/04/99      Common Stock                              15,625           15,625         10,317
    05/05/99      Common Stock                               9,156            9,156          6,021
    05/07/99      Common Stock                              20,423           20,423         13,317
    05/10/99      Common Stock                              15,775           15,775         10,157
    05/12/99      Common Stock                               3,438            3,438          2,194
    05/14/99      Common Stock                              22,188           22,188         14,042
    05/17/99      Common Stock                               1,563            1,563            976
    05/18/99      Common Stock                             100,938          100,938         62,775
    05/19/99      Common Stock                               2,188            2,188          1,354
    05/20/99      Common Stock                              58,552           58,552         36,094
    05/21/99      Common Stock                               8,396            8,396          5,152
    05/24/99      Common Stock                               6,852            6,852          4,149
    05/25/99      Common Stock                              11,874           11,874          7,156
    05/26/99      Common Stock                              16,250           16,250          9,750
    05/28/99      Common Stock                               6,563            6,563          3,902
    06/02/99      Common Stock                              11,781           11,781          6,843
    06/04/99      Common Stock                              31,250           31,250         17,979
    06/07/99      Common Stock                                 141              141             80
    06/08/99      Common Stock                              52,032           52,032         29,366
    06/10/99      Common Stock                             542,944          542,944        303,453
    06/11/99      Common Stock                               3,907            3,907          2,173
</TABLE>


<PAGE>   4




EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>              <C>            <C>             <C>
    06/14/99      Common Stock                              97,524           97,524         53,438
    06/15/99      Common Stock                                 156              156             85
    06/16/99      Common Stock                               7,500            7,500          4,068
    06/17/99      Common Stock                             575,574          575,574        310,651
    06/18/99      Common Stock                               7,969            7,969          4,279
    06/21/99      Common Stock                             850,569          850,569        449,753
    06/22/99      Common Stock                           4,415,447        4,415,447      2,320,208
    06/24/99      Common Stock                             571,959          571,959        297,732
    06/28/99      Common Stock                           3,024,169        3,024,169      1,541,084
    07/08/99      Common Stock                               6,656            6,656          3,210
    07/09/99      Common Stock                               3,438            3,438          1,648
    07/13/99      Common Stock                           1,273,094        1,273,094        596,436
    07/14/99      Common Stock                              78,414           78,414         36,522
    07/20/99      Common Stock                              18,345           18,345          8,241
    07/22/99      Common Stock                              39,367           39,367         17,471
    07/23/99      Common Stock                               1,406            1,406            620
    07/26/99      Common Stock                                 156              156             68
    07/28/99      Common Stock                              20,592           20,592          8,801
    08/02/99      Common Stock                                 969              969            401
    08/05/99      Common Stock                              29,063           29,063         11,784
    08/09/99      Common Stock                               2,500            2,500            986
    08/12/99      Common Stock                               8,136            8,136          3,143
    08/13/99      Common Stock                           4,222,974        4,222,974      1,619,771
    08/16/99      Common Stock                               3,750            3,750          1,408
    08/17/99      Common Stock                               6,250            6,250          2,329
    08/18/99      Common Stock                               4,073            4,073          1,506
    08/20/99      Common Stock                               4,845            4,845          1,765
    08/23/99      Common Stock                              24,531           24,531          8,737
    09/03/99      Common Stock                                 938              938            306
    09/07/99      Common Stock                                 470              470            148
    09/09/99      Common Stock                               1,954            1,954            604
    09/10/99      Common Stock                              12,610           12,610          3,869
    09/13/99      Common Stock                               1,402            1,402            418
    09/17/99      Common Stock                               3,125            3,125            899
    09/21/99      Common Stock                               1,563            1,563            432
    09/23/99      Common Stock                              25,471           25,471          6,909
    09/27/99      Common Stock                               1,719            1,719            447
    09/30/99      Common Stock                                 625              625            158
    10/04/99      Common Stock                               8,487            8,487          2,045
    10/12/99      Common Stock                               2,266            2,266            496
    10/15/99      Common Stock                               1,563            1,563            330
    10/21/99      Common Stock                                 416              416             81
    10/25/99      Common Stock                               4,688            4,688            860
    10/26/99      Common Stock                             156,516          156,516         28,301
    11/02/99      Common Stock                               1,250            1,250            202
    11/03/99      Common Stock                               8,438            8,438          1,340
    11/05/99      Common Stock                               5,938            5,938            911
    11/08/99      Common Stock                              13,125           13,125          1,906
    11/10/99      Common Stock                              32,941           32,941          4,603
    11/12/99      Common Stock                              22,814           22,814          3,063
    11/15/99      Common Stock                               6,220            6,220            783
    11/16/99      Common Stock                              13,750           13,750          1,695
    11/18/99      Common Stock                                 626              626             74
    11/19/99      Common Stock                              26,875           26,875          3,092
    11/22/99      Common Stock                              15,000           15,000          1,603
    11/23/99      Common Stock                                 264              264             27
    11/24/99      Common Stock                              20,815           20,815          2,014
    11/29/99      Common Stock                                 156              156             14
    12/01/99      Common Stock                               3,750            3,750            308
    12/03/99      Common Stock                              12,875           12,875            988
    12/07/99      Common Stock                              15,313           15,313          1,007
    12/08/99      Common Stock                              15,563           15,563            981
    12/10/99      Common Stock                              33,201           33,201          1,910
    12/13/99      Common Stock                               2,594            2,594            128
</TABLE>


<PAGE>   5





EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>              <C>            <C>             <C>
    12/16/99      Common Stock                              15,189           15,189            625
    12/17/99      Common Stock                              91,542           91,542          3,510
    12/21/99      Common Stock                               5,000            5,000            137
    12/22/99      Common Stock                               2,500            2,500             62
    12/23/99      Common Stock                              76,408           76,408          1,674
    12/27/99      Common Stock                              27,345           27,345            300
    12/29/99      Common Stock                              51,261           51,261            281
    12/30/99      Common Stock                              13,744           13,744             37
    12/31/99      Common Stock                              14,250           14,250
    01/06/00      Common Stock                              13,219           13,038
    01/10/00      Common Stock                              44,626           43,525
    01/11/00      Common Stock                              20,151           19,599
    01/12/00      Common Stock                              25,506           24,738
    01/13/00      Common Stock                               3,050            2,949
    01/19/00      Common Stock                              21,721           20,648
    01/20/00      Common Stock                               2,813            2,666
    01/21/00      Common Stock                             137,286          129,761
    01/25/00      Common Stock                             141,381          128,719
    01/26/00      Common Stock                              63,502           59,150
    01/28/00      Common Stock                               4,587            4,247
    01/31/00      Common Stock                              91,313           83,808
    02/02/00      Common Stock                              29,000           26,457
    02/03/00      Common Stock                              52,656           47,896
    02/04/00      Common Stock                               1,875            1,700
    02/07/00      Common Stock                           8,229,200        7,395,007
    02/08/00      Common Stock                               3,987            3,572
    02/10/00      Common Stock                              24,490           21,806
    02/15/00      Common Stock                                  31               27
    02/22/00      Common Stock                                 800              686
    02/24/00      Common Stock                                  93               79
    02/25/00      Common Stock                               7,750            6,582
    02/28/00      Common Stock                              82,534           69,420
    03/01/00      Common Stock                               2,344            1,959
    03/03/00      Common Stock                               8,246            6,845
    03/07/00      Common Stock                              15,175           12,431
    03/14/00      Common Stock                               7,813            6,250
    03/15/00      Common Stock                              19,688           15,695
    03/17/00      Common Stock                              20,197           15,991
    03/20/00      Common Stock                             165,403          129,605
    03/21/00      Common Stock                             272,880          213,072
    03/24/00      Common Stock                               6,668            5,153
    03/27/00      Common Stock                               2,687            2,054
    03/29/00      Common Stock                              12,438            9,439
    03/31/00      Common Stock                                 400              301
    04/03/00      Common Stock                               2,200            1,639
    04/04/00      Common Stock                               2,281            1,694
    04/05/00      Common Stock                              30,288           22,405
    04/07/00      Common Stock                              48,629           35,706
    04/14/00      Common Stock                             110,279           78,857
    04/17/00      Common Stock                              40,625           28,716
    04/18/00      Common Stock                               7,838            5,518
    04/19/00      Common Stock                               8,418            5,905
    04/24/00      Common Stock                              62,499           42,979
    05/04/00      Common Stock                             115,579           76,315
    05/05/00      Common Stock                              75,308           49,518
    05/11/00      Common Stock                               5,775            3,702
    05/15/00      Common Stock                                 684              431
    05/19/00      Common Stock                                 124               77
    05/23/00      Common Stock                              20,000           12,164
    05/30/00      Common Stock                         127,161,459       74,903,325
    06/05/00      Common Stock                               6,740            3,859
    06/08/00      Common Stock                               1,094              618
    06/12/00      Common Stock                             953,887          527,905
    06/14/00      Common Stock                               3,466            1,899
</TABLE>


<PAGE>   6





EXHIBIT 11

                                NTL INCORPORATED

                        CALCULATION OF NET LOSS PER SHARE

<TABLE>
<CAPTION>

                                                                       Weighted Average Number of Shares
                                                    ---------------------------------------------------------------

      Date                                              Total         Year Ended      Year Ended     Year Ended
     Issued            Description of Issuance       Outstanding      31-Dec-00       31-Dec-99       31-Dec-98
-------------------------------------------------------------------------------------------------------------------
<S>             <C>                                  <C>              <C>            <C>             <C>
    06/19/00      Common Stock                                 900              481
    06/20/00      Common Stock                               1,500              797
    06/21/00      Common Stock                              17,515            9,261
    07/05/00      Common Stock                                 425              208
    07/07/00      Common Stock                               7,295            3,537
    07/10/00      Common Stock                                 625              298
    07/14/00      Common Stock                                  33               15
    07/19/00      Common Stock                                 625              283
    07/20/00      Common Stock                              11,356            5,102
    07/24/00      Common Stock                                 165               72
    07/27/00      Common Stock                               1,358              584
    08/01/00      Common Stock                               2,905            1,213
    08/07/00      Common Stock                               1,798              719
    08/15/00      Common Stock                               1,088              413
    08/30/00      Common Stock                               3,765            1,268
    09/06/00      Common Stock                               2,090              664
    09/14/00      Common Stock                              41,464           12,267
    09/15/00      Common Stock                             101,114           30,701
    09/21/00      Common Stock                               9,000            2,490
    09/26/00      Common Stock                                  31                8
    09/27/00      Common Stock                             300,000           78,082
    09/28/00      Common Stock                             484,274          124,717
    10/02/00      Common Stock                                 922              228
    10/03/00      Common Stock                               1,070              260
    10/04/00      Common Stock                             184,274           44,428
    10/06/00      Common Stock                                 589              139
    10/11/00      Common Stock                                 124               28
    10/16/00      Common Stock                              35,080            7,304
    10/24/00      Common Stock                                 155               29
    10/25/00      Common Stock                              12,877            2,364
    10/31/00      Common Stock                                 469               78
    11/01/00      Common Stock                               1,811              295
    11/06/00      Common Stock                                 833              126
    11/07/00      Common Stock                               1,428              211
    11/10/00      Common Stock                                 959              133
    11/14/00      Common Stock                                  62                8
    11/15/00      Common Stock                                 200               25
    11/20/00      Common Stock                               1,000              112
    11/29/00      Common Stock                                 894               78
    12/06/00      Common Stock                                 620               42
    12/14/00      Common Stock                             144,520            6,731
    12/19/00      Common Stock                              31,250            1,027
    12/20/00      Common Stock                               1,000               30
    12/22/00      Common Stock                                 193                4
    12/27/00      Common Stock                              55,000              603
</TABLE>




<TABLE>
<CAPTION>

                                                    ---------------------------------------------------------------
<S>                                                  <C>              <C>            <C>              <C>
                  Total                                272,073,233      217,081,465    119,418,138      64,378,182
                                                    ===============================================================

                  Loss before extraordinary item                         $ (2,963.7)      $ (732.7)       $ (503.9)
                  Preferred stock dividend                                   (194.0)         (73.7)          (18.8)
                                                                   ------------------------------------------------
                                                                           (3,157.7)        (806.4)         (522.7)
                  Extraordinary item                                              -           (3.0)          (30.7)
                                                                   ------------------------------------------------
                  Loss available to common shareholders                  $ (3,157.7)      $ (809.4)       $ (553.4)
                                                                   ================================================

                  Basic and diluted net loss per common share:
                  Loss before extraordinary item                           $ (14.54)       $ (6.75)        $ (8.12)
                  Extraordinary item                                              -          (0.03)          (0.48)
                                                                   ------------------------------------------------
                  Net loss                                                 $ (14.54)       $ (6.78)        $ (8.60)
                                                                   ================================================
</TABLE>