<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial  information extracted from Form 10K at
February  28,  1999  and is  qualified  in its  entirety  by  reference  to such
financial statements.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              FEB-28-1999
<PERIOD-END>                                   FEB-28-1999
<CASH>                                         233,000
<SECURITIES>                                   1,414,000
<RECEIVABLES>                                  0
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               147,000
<PP&E>                                         25,000
<DEPRECIATION>                                 24,000
<TOTAL-ASSETS>                                 1,795,000
<CURRENT-LIABILITIES>                          1,656,000
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       25,000
<OTHER-SE>                                     114,000
<TOTAL-LIABILITY-AND-EQUITY>                   1,795,000
<SALES>                                        0
<TOTAL-REVENUES>                               (499,000)
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               309,000
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             19,000
<INCOME-PRETAX>                                (827,000)
<INCOME-TAX>                                   13,000
<INCOME-CONTINUING>                            (814,000)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (814,000)
<EPS-BASIC>                                  (0.35)
<EPS-DILUTED>                                  (0.35)