<PAGE>
                                                                 Exhibit 11.1

                       NETWORK COMPUTING DEVICES, INC.   
    
                Statement Regarding Computation of Shares   
               Used in Income (Loss) Per Share Computations     
                  (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)    

<TABLE>
<CAPTION>
                                                Three Months Ended September 30,    Nine Months Ended September 30,
                                                --------------------------------    -------------------------------
                                                     1997              1996              1997             1996
                                                --------------    --------------    -------------    --------------
<S>                                             <C>               <C>               <C>              <C>
Primary:                                                                                           
  Weighted average common shares                                                                   
     outstanding during the period                   16,355         16,615             16,852            16,460 
  Common share equivalents:                                                                        
     Dilutive effect of stock options                 1,493            507              1,668                 - 
                                                --------------    --------------    -------------    --------------
                                                                                                   
        Total                                        17,848         17,122             18,520            16,460 
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------
                                                                                                   
                                                                                                   
  Net income (loss)                                 $    51        $    20           $  1,600          $  (6,287)
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------
                                                                                                   
                                                                                                   
  Primary income (loss) per share                   $  0.00        $  0.00           $   0.09          $   (0.38)
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------
                                                                                                   
                                                                                                   
Fully Diluted:                                                                                     
  Weighted average common shares                                                                   
     outstanding during the period                   16,355         16,615             16,852            16,460 
  Common share equivalents:                                                                        
     Dilutive effect of stock options                 1,602          1,085              1,668                 - 
                                                --------------    --------------    -------------    --------------
                                                                                                   
        Total                                        17,957         17,700             18,520            16,460 
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------
                                                                                                   
  Net income (loss), adjusted                                                                      
     for fully diluted calculations                 $    51        $    20           $  1,600          $  (6,287)
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------
                                                                                                   
                                                                                                   
  Fully diluted income (loss) per share             $  0.00        $  0.00           $   0.09          $   (0.38)
                                                --------------    --------------    -------------    --------------
                                                --------------    --------------    -------------    --------------

</TABLE>