<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S BALANCE SHEET AS OF SEPTEMBER 30, 1995 AND ITS STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 22,866 <SECURITIES> 1,847,302 <RECEIVABLES> 87,957 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,052,611 <PP&E> 1,898,927 <DEPRECIATION> 817,120 <TOTAL-ASSETS> 3,472,139 <CURRENT-LIABILITIES> 150,413 <BONDS> 0 <COMMON> 27,007 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 3,321,726 <TOTAL-LIABILITY-AND-EQUITY> 3,472,139 <SALES> 49,867 <TOTAL-REVENUES> 49,867 <CGS> 0 <TOTAL-COSTS> 39,585 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (267,699) <INCOME-TAX> 0 <INCOME-CONTINUING> (267,699) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (267,699) <EPS-PRIMARY> (.17) <EPS-DILUTED> (.17)