<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from 10-Q and is qualified in its entirety by reference to such financial statement. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 235 <SECURITIES> 0 <RECEIVABLES> 175 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 410 <PP&E> 2,661 <DEPRECIATION> 2,477 <TOTAL-ASSETS> 17,208 <CURRENT-LIABILITIES> 15,466 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1021 <COMMON> 721 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 17,208 <SALES> 0 <TOTAL-REVENUES> 2,861 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,226 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 278 <INCOME-PRETAX> (643) <INCOME-TAX> 0 <INCOME-CONTINUING> (643) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (643) <EPS-PRIMARY> (.13) <EPS-DILUTED> 0