<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS INCLUDED IN THE ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED 12-31-94 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 29,674 <SECURITIES> 74,765 <RECEIVABLES> 3,599 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 56,861 <PP&E> 61,650 <DEPRECIATION> 26,532 <TOTAL-ASSETS> 146,096 <CURRENT-LIABILITIES> 17,919 <BONDS> 1,739 <COMMON> 35 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 126,403 <TOTAL-LIABILITY-AND-EQUITY> 146,096 <SALES> 42,792 <TOTAL-REVENUES> 53,667 <CGS> 26,541 <TOTAL-COSTS> 31,714 <OTHER-EXPENSES> 53,672 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (27,961) <INCOME-TAX> 0 <INCOME-CONTINUING> (27,961) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (27,961) <EPS-PRIMARY> (0.79) <EPS-DILUTED> (0.79)