<ARTICLE> 5 <CIK> 0001018751 <NAME> OCEANSIDE GOLF MANAGEMENT CORP. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 5,900 <SECURITIES> 0 <RECEIVABLES> 231,630 <ALLOWANCES> 37,865 <INVENTORY> 60,204 <CURRENT-ASSETS> 202,931 <PP&E> 5,715,073 <DEPRECIATION> 952,534 <TOTAL-ASSETS> 5,047,743 <CURRENT-LIABILITIES> 173,108 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 5,897,547 <TOTAL-LIABILITY-AND-EQUITY> 5,047,743 <SALES> 230,389 <TOTAL-REVENUES> 785,805 <CGS> 72,686 <TOTAL-COSTS> 656,457 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,800 <INTEREST-EXPENSE> 110 <INCOME-PRETAX> 129,238 <INCOME-TAX> 0 <INCOME-CONTINUING> 129,238 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 129,238 <EPS-PRIMARY> 0 <EPS-DILUTED> 0