<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENTS OF OPERATION. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1996 <PERIOD-START> AUG-01-1995 <PERIOD-END> OCT-31-1995 <CASH> 1,591,000 <SECURITIES> 0 <RECEIVABLES> 1,393,000 <ALLOWANCES> 0<F1> <INVENTORY> 1,221,000 <CURRENT-ASSETS> 8,100,000 <PP&E> 3,768,000 <DEPRECIATION> 0<F2> <TOTAL-ASSETS> 8,100,000 <CURRENT-LIABILITIES> 2,604,000 <BONDS> 0 <COMMON> 36,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 16,000 <OTHER-SE> 5,426,000 <TOTAL-LIABILITY-AND-EQUITY> 8,100,000 <SALES> 0<F3> <TOTAL-REVENUES> 2,355,000 <CGS> 0<F4> <TOTAL-COSTS> 1,181,000 <OTHER-EXPENSES> 903,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 271,000 <INCOME-TAX> 35,000 <INCOME-CONTINUING> 236,000 <DISCONTINUED> 0 <EXTRAORDINARY> 1,062,000 <CHANGES> 0 <NET-INCOME> 1,298,000 <EPS-PRIMARY> 0.004 <EPS-DILUTED> 0.004 <FN> <F1>Amount is not separately provided in interim financial statements. <F2>Amount is included in figure for property, plant and equipment. <F3>Amount is not separately provided in interim financial statements. <F4>Amount is not separately provided in interim financial statements. </FN>