<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 421,793 <SECURITIES> 0 <RECEIVABLES> 340,787 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 762,579 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 762,579 <CURRENT-LIABILITIES> 244,427 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 518,152 <TOTAL-LIABILITY-AND-EQUITY> 762,579 <SALES> 201,966 <TOTAL-REVENUES> 201,966 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 152,372 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 49,594 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 49,594 <EPS-PRIMARY> 0.46 <EPS-DILUTED> 0.46