<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 JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> APR-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 2,372 <SECURITIES> 2,166 <RECEIVABLES> 6 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,569 <PP&E> 20,068 <DEPRECIATION> 13,311 <TOTAL-ASSETS> 14,050 <CURRENT-LIABILITIES> 1,904 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 211 <OTHER-SE> 11,082 <TOTAL-LIABILITY-AND-EQUITY> 14,050 <SALES> 10 <TOTAL-REVENUES> 36 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,001 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (3,453) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,453) <EPS-PRIMARY> (0.16) <EPS-DILUTED> (0.16)