<ARTICLE>                     5
<CIK>                         0000021239
<NAME>                        James R. Joyce
<MULTIPLIER>                  1
<CURRENCY>                    U.S. Dollars
       
                           
<PERIOD-TYPE>                 6-MOS
<FISCAL-YEAR-END>             DEC-31-1996
<PERIOD-START>                JAN-01-1996           
<PERIOD-END>                  JUN-30-1996
<EXCHANGE-RATE>                   1
<CASH>                          5,891,244
<SECURITIES>                      497,969
<RECEIVABLES>                      25,927
<ALLOWANCES>                        0
<INVENTORY>                         0
<CURRENT-ASSETS>                6,533,299    
<PP&E>                          3,707,405
<DEPRECIATION>                      0
<TOTAL-ASSETS>                 10,266,090
<CURRENT-LIABILITIES>              93,397
<BONDS>                                 0
<PREFERRED-MANDATORY>                   0
<PREFERRED>                             0
<COMMON>                        4,805,563
<OTHER-SE>                      5,367,130
<TOTAL-LIABILITY-AND-EQUITY>   10,266,090 
<SALES>                                 0
<TOTAL-REVENUES>                   35,192     
<CGS>                                   0  
<TOTAL-COSTS>                     530,006
<OTHER-EXPENSES>                        0
<LOSS-PROVISION>                        0
<INTEREST-EXPENSE>                      0
<INCOME-PRETAX>                  (494,814)
<INCOME-TAX>                            0
<INCOME-CONTINUING>              (494,814)
<DISCONTINUED>                          0
<EXTRAORDINARY>                         0
<CHANGES>                               0
<NET-INCOME>                     (494,814)
<EPS-PRIMARY>                      (0.01)
<EPS-DILUTED>                      (0.01)