<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 79,235 <SECURITIES> 1,102,000 <RECEIVABLES> 755,639 <ALLOWANCES> 0 <INVENTORY> 174,993 <CURRENT-ASSETS> 2,230,754 <PP&E> 510,565 <DEPRECIATION> 0 <TOTAL-ASSETS> 18,628,990 <CURRENT-LIABILITIES> 8,109,771 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,953 <OTHER-SE> 6,078,266 <TOTAL-LIABILITY-AND-EQUITY> 18,628,990 <SALES> 2,820,000 <TOTAL-REVENUES> 2,820,000 <CGS> 3,120,000 <TOTAL-COSTS> 513,400 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (814,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (814,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (814,000) <EPS-BASIC> (.07) <EPS-DILUTED> (.07)