<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED APRIL 30, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               APR-30-1996
<CASH>                                              39
<SECURITIES>                                       726
<RECEIVABLES>                                      210
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   976
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                     976
<CURRENT-LIABILITIES>                               33
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                         943
<TOTAL-LIABILITY-AND-EQUITY>                       976
<SALES>                                            374
<TOTAL-REVENUES>                                   384
<CGS>                                                0
<TOTAL-COSTS>                                       74
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    310
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                310
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       310
<EPS-PRIMARY>                                     .023
<EPS-DILUTED>                                     .023