<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS INCLUDED IN ITS FORM 10-Q FOR THE FISCAL QUARTER ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,449 <SECURITIES> 8,928 <RECEIVABLES> 58 <ALLOWANCES> 46 <INVENTORY> 0 <CURRENT-ASSETS> 10,681 <PP&E> 20,074 <DEPRECIATION> 12,686 <TOTAL-ASSETS> 20,684 <CURRENT-LIABILITIES> 1,404 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 211 <OTHER-SE> 18,142 <TOTAL-LIABILITY-AND-EQUITY> 20,684 <SALES> 49 <TOTAL-REVENUES> 66 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 9,313 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 24 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (9,313) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,313) <EPS-PRIMARY> (0.44) <EPS-DILUTED> (0.44)