<ARTICLE> 5 <CIK> 0000025657 <NAME> CRESTED <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-2001 <PERIOD-START> JUN-01-2000 <PERIOD-END> AUG-31-2000 <CASH> 2,600 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,600 <PP&E> 1,354,400 <DEPRECIATION> 1,205,900 <TOTAL-ASSETS> 6,405,500 <CURRENT-LIABILITIES> 10,543,800 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,400 <OTHER-SE> (5,156,600) <TOTAL-LIABILITY-AND-EQUITY> 6,405,500 <SALES> 16,700 <TOTAL-REVENUES> 16,700 <CGS> 0 <TOTAL-COSTS> 79,700 <OTHER-EXPENSES> 340,900 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (403,900) <INCOME-TAX> 0 <INCOME-CONTINUING> (403,900) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (403,900) <EPS-BASIC> (0.04) <EPS-DILUTED> 0