<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> SEP-30-1998 <CASH> 11,459 <SECURITIES> 12,370 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,265 <PP&E> 7,489 <DEPRECIATION> 0 <TOTAL-ASSETS> 823,823 <CURRENT-LIABILITIES> 43,143 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 83,000 <OTHER-SE> 36,410 <TOTAL-LIABILITY-AND-EQUITY> 823,823 <SALES> 236,200 <TOTAL-REVENUES> 236,200 <CGS> 0 <TOTAL-COSTS> 240,467 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,267) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,267) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,267) <EPS-PRIMARY> 0.005 <EPS-DILUTED> 0.005