WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
<MULTIPLIER> 1,000
       
                         
<PERIOD-TYPE>              YEAR
<FISCAL-YEAR-END>                       MAR-31-98
<PERIOD-END>                            MAR-31-98
<CASH>                                       1897
<SECURITIES>                                 8168
<RECEIVABLES>                                3101
<ALLOWANCES>                                    0
<INVENTORY>                                     0
<CURRENT-ASSETS>                            13166
<PP&E>                                       9020
<DEPRECIATION>                                515
<TOTAL-ASSETS>                              21671
<CURRENT-LIABILITIES>                        8903
<BONDS>                                      1007
<PREFERRED-MANDATORY>                         610
<PREFERRED>                                   305
<COMMON>                                        1
<OTHER-SE>                                  10845
<TOTAL-LIABILITY-AND-EQUITY>                21671
<SALES>                                      8117
<TOTAL-REVENUES>                             8117
<CGS>                                        6614
<TOTAL-COSTS>                                6614
<OTHER-EXPENSES>                             3845
<LOSS-PROVISION>                                0
<INTEREST-EXPENSE>                             66
<INCOME-PRETAX>                             (2408)
<INCOME-TAX>                                  201
<INCOME-CONTINUING>                         (2609)
<DISCONTINUED>                               2813
<EXTRAORDINARY>                                 0
<CHANGES>                                       0
<NET-INCOME>                                  204
<EPS-PRIMARY>                                 .02
<EPS-DILUTED>                                 .02