<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 49,491 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 49,687 <PP&E> 8,739 <DEPRECIATION> (3,322) <TOTAL-ASSETS> 55,317 <CURRENT-LIABILITIES> 3,545 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,239 <OTHER-SE> (15,747) <TOTAL-LIABILITY-AND-EQUITY> 55,317 <SALES> 0 <TOTAL-REVENUES> 2,485 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,735 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 64 <INCOME-PRETAX> (633) <INCOME-TAX> 0 <INCOME-CONTINUING> (633) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (633) <EPS-PRIMARY> (0.06) <EPS-DILUTED> (0.06)