<ARTICLE> 5
<LEGEND>

This Schedule contains summary financial
information extracted from the financial
statements contained in the body of the
accompanying Form 10-Q and is qualified in
its entirety by reference to such financial
statements.

</LEGEND>



<MULTIPLIER>                               1
       
                              

<PERIOD-TYPE>                          6-MOS
<FISCAL-YEAR-END>                OCT-30-1996
<PERIOD-END>                     APR-30-1997
<CASH>                            18,475,690
<SECURITIES>                               0
<RECEIVABLES>                              0
<ALLOWANCES>                               0
<INVENTORY>                                0
<CURRENT-ASSETS>                  20,627,426
<PP&E>                             1,797,736
<DEPRECIATION>                       939,980
<TOTAL-ASSETS>                    22,535,782
<CURRENT-LIABILITIES>              1,368,490
<BONDS>                                    0
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<COMMON>                             577,392
<OTHER-SE>                        20,589,900
<TOTAL-LIABILITY-AND-EQUITY>      22,535,782
<SALES>                                    0
<TOTAL-REVENUES>                           0
<CGS>                                      0
<TOTAL-COSTS>                      3,495,709
<OTHER-EXPENSES>                    (514,284)
<LOSS-PROVISION>                           0
<INTEREST-EXPENSE>                         0
<INCOME-PRETAX>                   (2,981,425)
<INCOME-TAX>                               0
<INCOME-CONTINUING>               (2,981,425)
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                      (2,981,425)
<EPS-PRIMARY>                          (0.05)
<EPS-DILUTED>                              0