<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 14,202 <SECURITIES> 2,186,892 <RECEIVABLES> 19,415 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,220,510 <PP&E> 593,022 <DEPRECIATION> 408,368 <TOTAL-ASSETS> 2,650,012 <CURRENT-LIABILITIES> 24,260 <BONDS> 0 <COMMON> 2,625,752 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,650,012 <SALES> 0 <TOTAL-REVENUES> 305,862 <CGS> 0 <TOTAL-COSTS> 404,198 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (98,337) <INCOME-TAX> 0 <INCOME-CONTINUING> (98,337) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (98,337) <EPS-PRIMARY> (0.11) <EPS-DILUTED> (0.11)