<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Hawks Industries, Inc. 1st Quarter 1998 10Q and is qualified in its entirety by reference to such 10Q. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 25,000 <SECURITIES> 208,000 <RECEIVABLES> 350,000 <ALLOWANCES> 0 <INVENTORY> 10,000 <CURRENT-ASSETS> 647,000 <PP&E> 4,337,000 <DEPRECIATION> 2,252,000 <TOTAL-ASSETS> 3,229,000 <CURRENT-LIABILITIES> 854,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,000 <OTHER-SE> 1,960,000 <TOTAL-LIABILITY-AND-EQUITY> 3,229,000 <SALES> 501,000 <TOTAL-REVENUES> 504,000 <CGS> 426,000 <TOTAL-COSTS> 538,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 19,000 <INCOME-PRETAX> (39,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (39,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (39,000) <EPS-PRIMARY> (.03) <EPS-DILUTED> (.03)