<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) THE COMPANY'S ANNUAL REPORT ON FORM 10-K </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 9,784 <SECURITIES> 4,390 <RECEIVABLES> 2,278 <ALLOWANCES> 0 <INVENTORY> 3,011 <CURRENT-ASSETS> 20,587 <PP&E> 40,301 <DEPRECIATION> 14,426 <TOTAL-ASSETS> 51,103 <CURRENT-LIABILITIES> 13,607 <BONDS> 45,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 51,103 <SALES> 6,797 <TOTAL-REVENUES> 13,439 <CGS> 4,558 <TOTAL-COSTS> 34,833 <OTHER-EXPENSES> 35,603 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,151 <INCOME-PRETAX> (59,328) <INCOME-TAX> 0 <INCOME-CONTINUING> (59,328) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (59,328) <EPS-PRIMARY> (4.35) <EPS-DILUTED> (4.35)