<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the financial statements contained in the body of the accompanying Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> OCT-31-1994 <PERIOD-END> APR-30-1995 <CASH> 6,875,618 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,928,929 <PP&E> 856,530 <DEPRECIATION> 658,030 <TOTAL-ASSETS> 7,231,120 <CURRENT-LIABILITIES> 308,364 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 251,684 <OTHER-SE> 6,671,072 <TOTAL-LIABILITY-AND-EQUITY> 7,231,120 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 1,479,329 <OTHER-EXPENSES> (148,742) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,330,587) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,330,587) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,330,587) <EPS-PRIMARY> (.05) <EPS-DILUTED> (.05)