##### 



Exhibit 11


Calculation of Net Income (Loss) Per
Share

|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |       |  
|------------------------------------------------ | ------------------------------------------------------------------------------ | ------------------------------------- | - | ------------------------------------- |  | ------------------ | -- | ---------------- |  | ------ | - | --------- |  | ---- | - | ------ |  | --------- | --- | ------ |  | ------ | - | --------- |  |  | - | ------- | - |  | - | ------ |  |  | - | ----- | - |  | - | ------- | - |  | - | ------ |  |  | - | ----- | -
|                                                 |                                                                                |                                       |   |                                      
|                                                 |                                                                                | 2001                                  |   | 2002                                 
|                                                 |                                                                                |                                       |   |                                      
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                 
|                                                 |                                                                                | Three Months Ended                    |   | Six Months Ended                      |  | Three Months Ended |    | Six Months Ended
|                                                 |                                                                                | June 30,                              |   | June 30,                              |  | June 30,           |    | June 30,        
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                 
|                                                 |                                                                                | Net                                   |   |                                       |  | Per Share          |    | Net              |  |        |   | Per Share |  | Net  |   |        |  | Per Share |     | Net    |  |        |   | Per Share
|                                                 |                                                                                | Income                                |   | Shares                                |  | Amount             |    | Income           |  | Shares |   | Amount    |  | Loss |   | Shares |  | Amount    |     | Loss   |  | Shares |   | Amount   
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |          
|                                                 |                                                                                |                                       |   |                                      
|                                                 |                                                                                | (In thousands, except per share data) |   | (In thousands, except per share data)
|Basic EPS                                        |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |      
|                                                 | Net income (loss) available to common
    shareholders                         |                                       | $ | 689                                   |  |                    |    | 20,516           |  |        | $ | 0.03      |  |      | $ | 3,773  |  |           |     | 20,469 |  |        | $ | 0.18      |  |  | $ | (11,244 | ) |  |   | 20,708 |  |  | $ | (0.54 | ) |  | $ | (16,305 | ) |  |   | 20,728 |  |  | $ | (0.79 | )
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |      
|Effect of Dilutive Securities Stock option plans |                                                                                |                                       |   |                                       |  |                    | 79 |                  |  |        |   |           |  |      |   |        |  |           | 460 |        |  |        |   |           |  |  |   |         |   |  |  |        |  |  |   |       |   |  |   |         |   |  |  |        |  |  |   |      
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |      
|Dilutive EPS                                     |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |      
|                                                 | Net income (loss) available to common
    shareholders and assumed conversions |                                       | $ | 689                                   |  |                    |    | 20,595           |  |        | $ | 0.03      |  |      | $ | 3,773  |  |           |     | 20,929 |  |        | $ | 0.18      |  |  | $ | (11,244 | ) |  |   | 20,708 |  |  | $ | (0.54 | ) |  | $ | (16,305 | ) |  |   | 20,728 |  |  | $ | (0.79 | )
|                                                 |                                                                                |                                       |   |                                       |  |                    |    |                  |  |        |   |           |  |      |   |        |  |           |     |        |  |        |   |           |  |  |   |         |   |  |   |        |  |  |   |       |   |  |   |         |   |  |   |        |  |  |   |      




Note: Options to purchase 5.4 million and
4.8 million shares of Class A Common Stock were
outstanding during the three and six months ended June 30,
2001, respectively but were not included in the computation of
diluted earnings per share because the effect would have been
anti-dilutive.