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EXHIBIT 12

Ratio of Earnings to Fixed Charges:

|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |        | 
|--------------------------------------------------------------------------- | ------------------------------------------------------------- | - | ------------------ | ----- | ----------------- | - | ------------- | ----- | ------------- | - | ------- | ------ |  | - | ------ | ------ | 
|                                                                            |                                                               |   | Three Months Ended |       | Nine Months Ended
|                                                                            |                                                               |   |                    |       |                  
|                                                                            |                                                               |   | September 30,      |       | September 30,     |   | September 30, |       | September 30,
|                                                                            |                                                               |   | 2001               |       | 2002              |   | 2001          |       | 2002         
|                                                                            |                                                               |   |                    |       |                   |   |               |       |              
|                                                                            |                                                               |   | (in thousands)     |       | (in thousands)   
|                                                                            |                                                               |   |                    |       |                  
|Net loss                                                                    |                                                               | $ | (7,333             | )     |                   | $ | (563          | )     |               | $ | (16,142 | )      |  | $ | (4,642 | )     
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                            | Add fixed charges:                                            |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |        | 
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|                                                                            | Interest expense including amortization of debt issuance cost |   |                    | 5,303 |                   |   |               | 3,545 |               |   |         | 14,610 |  |   |        | 10,602 | 
|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |       
|Earnings                                                                    |                                                               |   | (2,030             | )     |                   |   | 2,982         |       |               |   | (1,532  | )      |  |   | 5,960  |       
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|Fixed Charges
Interest expense including amortization of debt issuance cost |                                                               |   | 5,303              |       |                   |   | 3,545         |       |               |   | 14,610  |        |  |   | 10,602 |       
|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |       
|Total Fixed Charges                                                         |                                                               | $ | 5,303              |       |                   | $ | 3,545         |       |               | $ | 14,610  |        |  | $ | 10,602 |       
|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |       
|                                                                           
|                                                                           
|                                                                           
|                                                                           
|Ratio of Earnings to Fixed Charges                                          |                                                               |   |                   |       |                   |   | 0.84          |       |               |   |        |        |  |   | 0.56   |       
|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |       
|Deficiency of Earnings to Cover Fixed Charges                               |                                                               | $ | 7,333              |       |                   | $ | 563           |       |               | $ | 16,142  |        |  | $ | 4,642  |       
|                                                                            |                                                               |   |                    |       |                   |   |               |       |               |   |         |        |  |   |        |       

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