<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> FEB-28-1997 <PERIOD-END> FEB-28-1997 <CASH> 470,153 <SECURITIES> 0 <RECEIVABLES> 34,430 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 509,325 <PP&E> 45,040 <DEPRECIATION> (790) <TOTAL-ASSETS> 553,575 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 51,102 <OTHER-SE> 502,473 <TOTAL-LIABILITY-AND-EQUITY> 553,575 <SALES> 0 <TOTAL-REVENUES> 56,908 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 96,744 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (39,836) <INCOME-TAX> (4,741) <INCOME-CONTINUING> (35,095) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (35,095) <EPS-PRIMARY> 0 <EPS-DILUTED> 0