<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-K FOR THE PERIOD ENDED 4/30/97 AND FORM 10-Q FOR THE PERIOD ENDED 10/31/97. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> APR-30-1998 <PERIOD-START> MAY-01-1997 <PERIOD-END> OCT-31-1997 <CASH> 3,874 <SECURITIES> 2,947 <RECEIVABLES> 197 <ALLOWANCES> 0 <INVENTORY> 63 <CURRENT-ASSETS> 7,221 <PP&E> 8,442 <DEPRECIATION> 1,319 <TOTAL-ASSETS> 14,980 <CURRENT-LIABILITIES> 3,362 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28 <OTHER-SE> 9,604 <TOTAL-LIABILITY-AND-EQUITY> 14,980 <SALES> 4 <TOTAL-REVENUES> 364 <CGS> 4 <TOTAL-COSTS> 6,064 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 103 <INCOME-PRETAX> (5,700) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,700) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,700) <EPS-PRIMARY> (.29) <EPS-DILUTED> (.29)