<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10-QSB 9/98
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                                                  
<PERIOD-TYPE>                   9-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-START>                             JAN-01-1998             JAN-01-1997
<PERIOD-END>                               SEP-30-1998             SEP-30-1997
<CASH>                                         594,406               1,408,901
<SECURITIES>                                 3,310,353               4,840,825
<RECEIVABLES>                                  120,999                  79,649
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                             4,186,228               6,424,893
<PP&E>                                          90,240                  75,971
<DEPRECIATION>                                  68,969                  30,429
<TOTAL-ASSETS>                               5,311,538               7,536,242
<CURRENT-LIABILITIES>                          842,752                 269,784
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                      2,156                   2,152
<COMMON>                                       107,660                 107,500
<OTHER-SE>                                   4,358,970               7,156,806
<TOTAL-LIABILITY-AND-EQUITY>                 5,311,538               7,536,242
<SALES>                                      2,585,073                 118,981
<TOTAL-REVENUES>                             2,800,390                 445,299
<CGS>                                        2,447,314                 114,201
<TOTAL-COSTS>                                5,462,997               2,430,085
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                            (2,662,607)             (1,984,786)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                        (2,662,607)             (1,984,786)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                               (2,662,607)             (1,984,786)
<EPS-PRIMARY>                                   (2.47)                  (1.85)
<EPS-DILUTED>                                        0                       0