<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM THE FORM 10-QSB FOR THE QUARTER ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 1736 <SECURITIES> 0 <RECEIVABLES> 698 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 16720 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 16722 <CURRENT-LIABILITIES> 952 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 16722 <SALES> 0 <TOTAL-REVENUES> 746 <CGS> 743 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 241 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (204) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (204) <EPS-PRIMARY> 0 <EPS-DILUTED> 0