Exhibit 11

Elite Information Group, Inc.
Computation of Earnings per Share
(In thousands, except per share data)
(Unaudited)

|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |       |       | 
|--------------------------- | ---------------------------------------------------------------- | ------------------------------------------------- | ----- | ------------------ | ----- | ---------------- | --- | -------- | ----- | -------- | --- | ----- | ----- | - | --- | ----- | ----- | 
|                            |                                                                  |                                                   |       | Three months ended |       | Six months ended
|                            |                                                                  |                                                   |       |                    |       |                 
|                            |                                                                  |                                                   |       | June 30,           |       | June 30,         |     | June 30, |       | June 30,
|                            |                                                                  |                                                   |       | 2001               |       | 2000             |     | 2001     |       | 2000    
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |         
|Net income                  |                                                                  | $                                                 | 1,289 |                    |       | $                | 106 |          |       | $        | 986 |       |       | $ | 543 |      
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
|Basic earnings per share:   |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
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|                            | Weighted average common shares outstanding                       |                                                   |       | 8,059              |       |                  |     | 8,536    |       |          |     | 8,059 |       |   |     | 8,502 |      
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
|                            | Net income per common share                                      |                                                   | $     | 0.16               |       |                  | $   | 0.01     |       |          | $   | 0.12  |       |   | $   | 0.06  |      
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
|Diluted earnings per share: |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
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|                            |                                                                  | Weighted average common shares outstanding        |       |                    | 8,059 |                  |     |          | 8,536 |          |     |       | 8,059 |   |     |       | 8,502 | 
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|                            |                                                                  | Addition from assumed exercise of stock options   |       |                    | 117   |                  |     |          | 176   |          |     |       | 115   |   |     |       | 267   | 
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
|                            | Weighted average common and common equivalent
shares outstanding |                                                   |       | 8,176              |       |                  |     | 8,712    |       |          |     | 8,174 |       |   |     | 8,769 |      
|                            |                                                                  |                                                   |       |                    |       |                  |     |          |       |          |     |       |       |   |     |      
|                            |                                                                  | Net income per common and common equivalent
share |       | $                  | 0.16  |                  |     | $        | 0.01  |          |     | $     | 0.12  |   |     | $     | 0.06  | 
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