<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 2 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 902 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17 <OTHER-SE> (170,189) <TOTAL-LIABILITY-AND-EQUITY> 902 <SALES> 0 <TOTAL-REVENUES> 7202 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 123 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,582 <INCOME-PRETAX> (2,503) <INCOME-TAX> 14 <INCOME-CONTINUING> (2517) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2517) <EPS-PRIMARY> (1.45) <EPS-DILUTED> (1.45)