EXHIBIT 11.1

STATEMENT RE COMPUTATION OF EARNINGS PER SHARE

In accordance with the disclosure requirements of SFAS 128, a reconciliation of
the numerator and denominator of basic and diluted EPS is provided below.

(Unaudited and in thousands, except per share amounts)

|                                   |                          |      |                    |         |           |   |        |        |  
|---------------------------------- | ------------------------ | ---- | ------------------ | ------- | --------- | - | ------ | ------ | -
|                                   |                          |      | Three Months Ended
|                                   |                          |      |                   
|                                   |                          |      | March 31,          |         | March 31,
|Numerator - Basic and Diluted EPS: |                          | 2001 |                    | 2000   
|                                   |                          |      |                    |        
|                                   | Net loss                 |      | $                  | (13,253 | )         |   | $      | (3,874 | )
|                                  
|                                  
|                                  
|                                  
|Denominator Basic EPS:           
|                                  
|                                  
|                                  
|                                  
|                                   | Common stock outstanding |      |                    | 34,336  |           |   |        | 33,959 |  
|                                   |                          |      |                    |         |           |   |        |       
|Basic loss per share               |                          | $    | (0.39              | )       |           | $ | (0.11  | )     
|                                   |                          |      |                    |         |           |   |        |       
|Denominator Diluted EPS:         
|                                  
|                                  
|                                  
|                                  
|                                   | Denominator basic EPS   |      |                    | 34,336  |           |   |        | 33,959 |  
|                                  
|                                  
|                                  
|                                  
|Effect of dilutive securities     
|                                  
|                                  
|                                  
|                                  
|                                   | Common stock options     |      |                    |        |           |   |        |       |  
|                                   |                          |      |                    |         |           |   |        |       
|Diluted shares outstanding         |                          |      | 34,336             |         |           |   | 33,959 |       
|                                   |                          |      |                    |         |           |   |        |       
|Diluted loss per share             |                          | $    | (0.39              | )       |           | $ | (0.11  | )     
|                                   |                          |      |                    |         |           |   |        |