<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS INCLUDED IN ITS FORM 10-K FOR THE FISCAL YEAR ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 2,684 <SECURITIES> 2,584 <RECEIVABLES> 65 <ALLOWANCES> 46 <INVENTORY> 0 <CURRENT-ASSETS> 5,985 <PP&E> 19,920 <DEPRECIATION> 11,497 <TOTAL-ASSETS> 16,956 <CURRENT-LIABILITIES> 1,708 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 153 <OTHER-SE> 14,057 <TOTAL-LIABILITY-AND-EQUITY> 16,956 <SALES> 31 <TOTAL-REVENUES> 658 <CGS> 5 <TOTAL-COSTS> 5 <OTHER-EXPENSES> 11,999 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 89 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (12,696) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,696) <EPS-PRIMARY> (0.83) <EPS-DILUTED> (0.83)