<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,239,034 <SECURITIES> 11,023,045 <RECEIVABLES> 2,230,965 <ALLOWANCES> 251,933 <INVENTORY> 3,575,403 <CURRENT-ASSETS> 20,222,740 <PP&E> 28,302,801 <DEPRECIATION> 3,430,562 <TOTAL-ASSETS> 49,133,890 <CURRENT-LIABILITIES> 6,580,223 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 800,670 <OTHER-SE> 41,555,997 <TOTAL-LIABILITY-AND-EQUITY> 49,133,890 <SALES> 12,458,370 <TOTAL-REVENUES> 12,458,370 <CGS> 10,683,269 <TOTAL-COSTS> 10,683,269 <OTHER-EXPENSES> 7,361,548 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (533,398) <INCOME-PRETAX> (5,077,848) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,077,848) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,077,848) <EPS-PRIMARY> (0.64) <EPS-DILUTED> (0.64)