<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial  information extracted from Form 10Q at
May 31, 1999 and is qualified  in its  entirety by  reference to such  financial
statements.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                             FEB-29-2000
<PERIOD-END>                                  MAY-31-1999
<CASH>                                            135,000
<SECURITIES>                                    1,739,000
<RECEIVABLES>                                     105,000
<ALLOWANCES>                                            0
<INVENTORY>                                             0
<CURRENT-ASSETS>                                   40,000
<PP&E>                                             25,000
<DEPRECIATION>                                    (24,000)
<TOTAL-ASSETS>                                  2,020,000
<CURRENT-LIABILITIES>                           1,823,000
<BONDS>                                                 0
<PREFERRED-MANDATORY>                              25,000
<PREFERRED>                                             0
<COMMON>                                                0
<OTHER-SE>                                        172,000
<TOTAL-LIABILITY-AND-EQUITY>                    2,020,000
<SALES>                                                 0
<TOTAL-REVENUES>                                  132,000
<CGS>                                                   0
<TOTAL-COSTS>                                           0
<OTHER-EXPENSES>                                   70,000
<LOSS-PROVISION>                                        0
<INTEREST-EXPENSE>                                  4,000
<INCOME-PRETAX>                                    58,000
<INCOME-TAX>                                            0
<INCOME-CONTINUING>                                58,000
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                       58,000
<EPS-BASIC>                                        0.02
<EPS-DILUTED>                                        0.02