<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> MAR-31-1998 <CASH> 5,010 <SECURITIES> 23,833 <RECEIVABLES> 511 <ALLOWANCES> 17 <INVENTORY> 538 <CURRENT-ASSETS> 30,494 <PP&E> 7,225 <DEPRECIATION> 3,566 <TOTAL-ASSETS> 34,511 <CURRENT-LIABILITIES> 3,573 <BONDS> 6,317 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10 <OTHER-SE> 21,679 <TOTAL-LIABILITY-AND-EQUITY> 34,511 <SALES> 1,659 <TOTAL-REVENUES> 1,659 <CGS> 2,063 <TOTAL-COSTS> 2,063 <OTHER-EXPENSES> 10,688 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 439 <INCOME-PRETAX> (12,987) <INCOME-TAX> 0 <INCOME-CONTINUING> (12,987) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,987) <EPS-PRIMARY> (1.35) <EPS-DILUTED> (1.35)