<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 536,193 <SECURITIES> 0 <RECEIVABLES> 354,634 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 890,827 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 890,827 <CURRENT-LIABILITIES> 342,431 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 548,396 <TOTAL-LIABILITY-AND-EQUITY> 890,827 <SALES> 19,832 <TOTAL-REVENUES> 19,832 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 61,845 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (42,013) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (42,013) <EPS-PRIMARY> (.53) <EPS-DILUTED> (.53)