<ARTICLE> 5
<LEGEND>
RESTATED FINANCIAL DATA SCHEDULE

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM THE BALANCE SHEET AND
THE STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               SEP-30-1996
<CASH>                                          17,355
<SECURITIES>                                   126,797
<RECEIVABLES>                                    6,810
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               158,296
<PP&E>                                          21,943
<DEPRECIATION>                                  14,488
<TOTAL-ASSETS>                                 165,751
<CURRENT-LIABILITIES>                           25,229
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       236,306
<OTHER-SE>                                    (97,492)
<TOTAL-LIABILITY-AND-EQUITY>                   165,751
<SALES>                                              0
<TOTAL-REVENUES>                                17,514
<CGS>                                                0
<TOTAL-COSTS>                                   25,314
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  64
<INCOME-PRETAX>                               (14,447)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (14,447)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (14,447)
<EPS-PRIMARY>                                   (1.15)
<EPS-DILUTED>                                   (1.15)