<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Equidyne Corporation Form 10-QSB for the period ended January 31, 2000 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> Jul-31-2000 <PERIOD-END> Jan-31-2000 <CASH> 893 <SECURITIES> 0 <RECEIVABLES> 30 <ALLOWANCES> 0 <INVENTORY> 117 <CURRENT-ASSETS> 65 <PP&E> 868 <DEPRECIATION> (186) <TOTAL-ASSETS> 6,980 <CURRENT-LIABILITIES> 1,967 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,484 <OTHER-SE> 3,529 <TOTAL-LIABILITY-AND-EQUITY> 6,980 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 620 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (33) <INCOME-PRETAX> (587) <INCOME-TAX> 0 <INCOME-CONTINUING> (587) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (587) <EPS-BASIC> (.03) <EPS-DILUTED> (.03)