<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED FINANCIAL STATEMENTS FILED IN THE COMPANY'S ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH AUDITED FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 5,309 <SECURITIES> 4,219 <RECEIVABLES> 1,209 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,827 <PP&E> 6,994 <DEPRECIATION> (5,147) <TOTAL-ASSETS> 12,710 <CURRENT-LIABILITIES> 1,779 <BONDS> 830 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 57,586 <OTHER-SE> (47,485) <TOTAL-LIABILITY-AND-EQUITY> 12,710 <SALES> 0 <TOTAL-REVENUES> 1,463 <CGS> 0 <TOTAL-COSTS> 3,489 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,096 <INTEREST-EXPENSE> 70 <INCOME-PRETAX> (2,096) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,096) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,096) <EPS-PRIMARY> (0.11) <EPS-DILUTED> 0