<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 13,191,678 <SECURITIES> 14,456,491 <RECEIVABLES> 948,213 <ALLOWANCES> 22,046 <INVENTORY> 309,783 <CURRENT-ASSETS> 31,088,820 <PP&E> 5,921,463 <DEPRECIATION> 989,665 <TOTAL-ASSETS> 39,066,410 <CURRENT-LIABILITIES> 1,399,433 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 152,062 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 39,066,410 <SALES> 0 <TOTAL-REVENUES> 1,556,194 <CGS> 974,961 <TOTAL-COSTS> 2,338,079 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (769,230) <INCOME-PRETAX> (12,655) <INCOME-TAX> (2,795) <INCOME-CONTINUING> (9,860) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,860) <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00