<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 28,339 <SECURITIES> 21,451 <RECEIVABLES> 873 <ALLOWANCES> 78 <INVENTORY> 700 <CURRENT-ASSETS> 51,801 <PP&E> 702 <DEPRECIATION> 454 <TOTAL-ASSETS> 52,767 <CURRENT-LIABILITIES> 1,733 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 50,461 <TOTAL-LIABILITY-AND-EQUITY> 52,767 <SALES> 6,165 <TOTAL-REVENUES> 6,165 <CGS> (2,772) <TOTAL-COSTS> (2,772) <OTHER-EXPENSES> 9,301 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 443 <INCOME-PRETAX> (5,465) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,465) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,465) <EPS-PRIMARY> (.74) <EPS-DILUTED> (.74)