<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMAY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AND THE STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1995 <PERIOD-END> MAR-31-1995 <CASH> 7,055 <SECURITIES> 20,196 <RECEIVABLES> 495 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 28,523 <PP&E> 16,714 <DEPRECIATION> 10,708 <TOTAL-ASSETS> 34,529 <CURRENT-LIABILITIES> 14,702 <BONDS> 0 <COMMON> 75,680 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (57,868) <TOTAL-LIABILITY-AND-EQUITY> 34,529 <SALES> 0 <TOTAL-REVENUES> 20,263 <CGS> 0 <TOTAL-COSTS> 14,915 <OTHER-EXPENSES> 12,464 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 169 <INCOME-PRETAX> (7,285) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,285) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (7,285) <EPS-PRIMARY> (1.00) <EPS-DILUTED> (1.00)