<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND STATEMENT OF OPERATIONS  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS
</LEGEND>
       
                                         
<PERIOD-TYPE>                                12-MOS
<FISCAL-YEAR-END>                                               SEP-30-1996
<PERIOD-END>                                                    SEP-30-1996
<CASH>                                                         $145,901,000
<SECURITIES>                                                     23,707,000
<RECEIVABLES>                                                     4,338,000
<ALLOWANCES>                                                              0
<INVENTORY>                                                       8,376,000
<CURRENT-ASSETS>                                                177,007,000
<PP&E>                                                            4,476,000
<DEPRECIATION>                                                   (1,787,000)
<TOTAL-ASSETS>                                                  186,438,000
<CURRENT-LIABILITIES>                                            21,761,000
<BONDS>                                                                   0
<PREFERRED-MANDATORY>                                                     0
<PREFERRED>                                                       3,500,000
<COMMON>                                                             37,000
<OTHER-SE>                                                      141,221,000<F1>
<TOTAL-LIABILITY-AND-EQUITY>                                    186,438,000
<SALES>                                                          $8,674,000
<TOTAL-REVENUES>                                                 26,962,000
<CGS>                                                             7,617,000
<TOTAL-COSTS>                                                    11,617,000
<OTHER-EXPENSES>                                                          0
<LOSS-PROVISION>                                                          0   
<INTEREST-EXPENSE>                                                        0
<INCOME-PRETAX>                                                 (27,986,000)
<INCOME-TAX>                                                              0
<INCOME-CONTINUING>                                             (27,986,000)
<DISCONTINUED>                                                            0
<EXTRAORDINARY>                                                           0
<CHANGES>                                                                 0
<NET-INCOME>                                                    (27,986,000)
<EPS-PRIMARY>                                                          (.76)
<EPS-DILUTED>                                                             0
<FN>
<F1> * Additional paid-in capital - $247,999,000
       Accumulated Deficit - $(106,778,000)
</FN>