**EXHIBIT11.1**

 

 

**META Group, Inc.**

 

**EXHIBIT TO QUARTERLY REPORT ON FORM 10-Q**

 

**Computation of Net Income Per Common Share**

 

 
|                                                                                         |   | **For the  three months ended   June 30,** |    | **For the  six months ended  June 30,** |   |
|----------------------------------------------------------------------------------------------|--------|--------------------------------------------|---------|-----------------------------------------|--------|
|                                                                                         |   | **2002**                                   |    | **2001**                                |   | **2002** |   | **2001** |   |
|                                                                                         |   |                                       |    |                                    |   |   |   |   |   |
| Net income (loss)                                                                            |   | $                                          | 169,000 |                                    | $      | (649,000 | ) | $ | (1,184,000 | ) | $ | (922,000 | ) |
|                                                                                         |   |                                       |    |                                    |   |   |   |   |   |
| Average number of common shares outstanding during the period                                |   | 13,024,112                                 |    | 11,098,699                              |   | 13,023,664 |   | 11,069,060 |   |
| Add common share equivalents — options to purchase common shares and contingent  shares |   | 129,320                                    |    |                                    |   |   |   |   |   |
| Total                                                                                        |   | 13,153,432                                 |    | 11,098,699                              |   | 13,023,664 |   | 11,069,060 |   |
|                                                                                         |   |                                       |    |                                    |   |   |   |   |   |
| Amounts per basic common share:                                                              |   |                                       |    |                                    |   |   |   |   |   |
| Net income (loss)                                                                            |   | $                                          | .01     |                                    | $      | (.06 | ) | $ | (.09 | ) | $ | (.08 | ) |
|                                                                                         |   |                                       |    |                                    |   |   |   |   |   |
| Amounts per diluted common share:                                                            |   |                                       |    |                                    |   |   |   |   |   |
| Net income (loss)                                                                            |   | $                                          | .01     |                                    | $      | (.06 | ) | $ | (.09 | ) | $ | (.08 | ) |

 

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