<ARTICLE>           5
<LEGEND>
                    The Schedule contains summary financial
                    information extracted from the financial
                    statements for PruTech Research and
                    Development Partnership III and is qualified
                    in its entirety by reference to such
                    financial statements
</LEGEND>

<RESTATED>
<CIK>             0000794357
<NAME>            PruTech Research and Development Partnership III
<MULTIPLIER>      1

<FISCAL-YEAR-END>               Dec-31-1999

<PERIOD-START>                  Jan-1-1999

<PERIOD-END>                    Jun-30-1999

<PERIOD-TYPE>                   6-Mos

<CASH>                          1,095,266

<SECURITIES>                    0

<RECEIVABLES>                   0

<ALLOWANCES>                    0

<INVENTORY>                     0

<CURRENT-ASSETS>                1,095,266

<PP&E>                          0

<DEPRECIATION>                  0

<TOTAL-ASSETS>                  1,095,266

<CURRENT-LIABILITIES>           27,679

<BONDS>                         0

<PREFERRED-MANDATORY>           0

<PREFERRED>                     0

<COMMON>                        0

<OTHER-SE>                      1,067,587

<TOTAL-LIABILITY-AND-EQUITY>    1,095,266

<SALES>                         0

<TOTAL-REVENUES>                17,763

<CGS>                           0

<TOTAL-COSTS>                   0

<OTHER-EXPENSES>                53,359

<LOSS-PROVISION>                0

<INTEREST-EXPENSE>              0

<INCOME-PRETAX>                 0

<INCOME-TAX>                    0

<INCOME-CONTINUING>             0

<DISCONTINUED>                  0

<EXTRAORDINARY>                 0

<CHANGES>                       0

<NET-INCOME>                    (35,596)

<EPS-BASIC>                   (.78)

<EPS-DILUTED>                   0