<ARTICLE> 5 <CIK> 0001018751 <NAME> OCEANSIDE GOLF MANAGEMENT CORP. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 14,862 <SECURITIES> 0 <RECEIVABLES> 246,070 <ALLOWANCES> 28,841 <INVENTORY> 56,397 <CURRENT-ASSETS> 223,078 <PP&E> 6,048,490 <DEPRECIATION> 1,019,177 <TOTAL-ASSETS> 5,328,331 <CURRENT-LIABILITIES> 170,989 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 6,074,258 <TOTAL-LIABILITY-AND-EQUITY> 5,328,331 <SALES> 400,584 <TOTAL-REVENUES> 1,605,038 <CGS> 137,764 <TOTAL-COSTS> 1,298,624 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 3,600 <INTEREST-EXPENSE> 465 <INCOME-PRETAX> 305,949 <INCOME-TAX> 0 <INCOME-CONTINUING> 305,949 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 305,949 <EPS-PRIMARY> 0 <EPS-DILUTED> 0