<ARTICLE>                     5
<LEGEND>
     Information taken from the September 30, 1997 Form 10-Q.
</LEGEND>                       
<MULTIPLIER>                                   1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                           DEC-31-1997   
<PERIOD-START>                              JUL-01-1997   
<PERIOD-END>                                SEP-30-1997   
<CASH>                                            1,775          
<SECURITIES>                                     24,506          
<RECEIVABLES>                                         0          
<ALLOWANCES>                                          0          
<INVENTORY>                                           0          
<CURRENT-ASSETS>                                 28,417          
<PP&E>                                           21,754          
<DEPRECIATION>                                  (10,812)         
<TOTAL-ASSETS>                                   40,668          
<CURRENT-LIABILITIES>                             3,001          
<BONDS>                                           4,313          
<PREFERRED-MANDATORY>                                 0          
<PREFERRED>                                           0          
<COMMON>                                             24          
<OTHER-SE>                                       32,918          
<TOTAL-LIABILITY-AND-EQUITY>                     40,668          
<SALES>                                               0          
<TOTAL-REVENUES>                                    742          
<CGS>                                                 0          
<TOTAL-COSTS>                                     4,359          
<OTHER-EXPENSES>                                      0          
<LOSS-PROVISION>                                      0          
<INTEREST-EXPENSE>                                  131          
<INCOME-PRETAX>                                  (3,334)         
<INCOME-TAX>                                          0          
<INCOME-CONTINUING>                              (3,334)         
<DISCONTINUED>                                        0          
<EXTRAORDINARY>                                       0          
<CHANGES>                                             0          
<NET-INCOME>                                     (3,334)         
<EPS-PRIMARY>                                     (0.14)      
<EPS-DILUTED>                                         0