<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 9,669,642 <SECURITIES> 27,868,878 <RECEIVABLES> 2,738,805 <ALLOWANCES> 0 <INVENTORY> 2,769,186 <CURRENT-ASSETS> 39,380,305 <PP&E> 12,439,393 <DEPRECIATION> 3,328,149 <TOTAL-ASSETS> 52,564,322 <CURRENT-LIABILITIES> 1,890,231 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 285,188 <OTHER-SE> 50,235,954 <TOTAL-LIABILITY-AND-EQUITY> 52,564,322 <SALES> 5,541,605 <TOTAL-REVENUES> 6,646,999 <CGS> 2,886,885 <TOTAL-COSTS> 2,886,885 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 126 <INCOME-PRETAX> (3,106,385) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,106,385) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,106,385) <EPS-PRIMARY> (.11) <EPS-DILUTED> (.11)