<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-30-1997
<PERIOD-END>                                   Sep-30-1997
<CASH>                                         55,820,000
<SECURITIES>                                   64,549,000
<RECEIVABLES>                                  1,297,000
<ALLOWANCES>                                   0
<INVENTORY>                                    735,000
<CURRENT-ASSETS>                               124,457,000
<PP&E>                                         6,586,000
<DEPRECIATION>                                 (1,917,000)
<TOTAL-ASSETS>                                 152,930,000
<CURRENT-LIABILITIES>                          42,228,000
<BONDS>                                        1,734,000
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    3,500,000
<COMMON>                                       41,000
<OTHER-SE>                                     92,468,000
<TOTAL-LIABILITY-AND-EQUITY>                   152,930,000
<SALES>                                        21,901,000
<TOTAL-REVENUES>                               67,863,000
<CGS>                                          21,521,000
<TOTAL-COSTS>                                  127,823,000
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             311,000
<INCOME-PRETAX>                                (55,256,000)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (55,256,000)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (55,256,000)
<EPS-PRIMARY>                                  (1.35)
<EPS-DILUTED>                                  0