<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> DEC-31-1996 <CASH> 372 <SECURITIES> 0 <RECEIVABLES> 770 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,142 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,323,740 <CURRENT-LIABILITIES> 11,326 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 1,323,740 <SALES> 400 <TOTAL-REVENUES> 400 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 34,444 <LOSS-PROVISION> (34,044) <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (34,044) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (34,044) <EPS-PRIMARY> 0 <EPS-DILUTED> 0