<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 13,983 <SECURITIES> 2,381,403 <RECEIVABLES> 1,606,460 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,976,357 <PP&E> 1,335,351 <DEPRECIATION> 165,347 <TOTAL-ASSETS> 5,128,080 <CURRENT-LIABILITIES> 256,661 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,862,419 <TOTAL-LIABILITY-AND-EQUITY> 5,128,080 <SALES> 0 <TOTAL-REVENUES> 204,889 <CGS> 0 <TOTAL-COSTS> 342,244 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (137,355) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (137,355) <EPS-PRIMARY> (10.35) <EPS-DILUTED> (10.35)