Exhibit 11

                        Computation of Net Loss Per Share

                                          Three Months Ended   Nine Months Ended
                                          September 30, 1996  September 30, 1996
                                                                  
Net Loss                                       $   (822,141)        $  (998,834)
                                                                  
Loss per common and common equivalent share:                      
                                                                  
   Weighted Avg. number of shares                                 
   of common stock outstanding during                             
   the periods after giving effect to the                         
   1-3 reverse stock split                       10,200,160           4,287,837

   Common equivalent shares from stock 
   options issued during the 12-month
   period prior to the registration
   statement filing using the treasury
   stock method                                           0              66,308
                                               ------------         -----------
   Shares used in calculation of EPS             10,200,160           4,354,145

Net loss per common and common                                 
   equivalent share                            $      (0.08)        $     (0.23)
                                               ============         ===========
                                                                  
Loss per common and common equivalent share                       
   assuming full dilution:                                        
                                                                  
   Weighted Avg. number of shares of common                       
   stock outstanding during the periods            
   after giving effect to the 1-3 reverse                         
   stock split                                   10,200,160           4,287,837
                                                                  
   Series A convertible preferred stock                           
   prior to conversion                              826,650           3,582,149
                                                                  
   Series B convertible preferred stock                           
   prior to conversion                              406,746           1,762,567

   Common equivalent shares from stock 
   options issued during the 12-month
   period prior to the registration
   statement filing using the treasury
   stock method                                           0              66,308
                                               ------------         -----------
                                                                  
   Weighted average number of common and                          
   common equivalent shares outstanding -                         
   assuming full dilution                        11,433,556           9,698,861

Net Loss per common and common equivalent
 share assuming full dilution                  $      (0.07)        $     (0.10)
                                               ============         ===========