<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 1995 AND THE YEAR THEN ENDED AND AS OF JUNE 30, 1996 AND THE SIX MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR 6-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1995 <PERIOD-END> DEC-31-1995 JUN-30-1996 <BOOK-VALUE> PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 0 0 <OTHER-PROPERTY-AND-INVEST> 99,100 117,200 <TOTAL-CURRENT-ASSETS> 55,200 1,557,300 <TOTAL-DEFERRED-CHARGES> 0 0 <OTHER-ASSETS> 97,000 87,100 <TOTAL-ASSETS> 251,300 1,761,600 <COMMON> 2,500 2,700 <CAPITAL-SURPLUS-PAID-IN> 0 489,100 <RETAINED-EARNINGS> (916,900) (1,570,300) <TOTAL-COMMON-STOCKHOLDERS-EQ> (914,400) (958,500) <PREFERRED-MANDATORY> 0 2,157,200 <PREFERRED> 0 0 <LONG-TERM-DEBT-NET> 0 0 <SHORT-TERM-NOTES> 295,500 0 <LONG-TERM-NOTES-PAYABLE> 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 0 <PREFERRED-STOCK-CURRENT> 0 0 <CAPITAL-LEASE-OBLIGATIONS> 75,500 70,900 <LEASES-CURRENT> 33,500 36,000 <OTHER-ITEMS-CAPITAL-AND-LIAB> 97,300 120,000 <TOT-CAPITALIZATION-AND-LIAB> 251,300 1,761,600 <GROSS-OPERATING-REVENUE> 968,600 647,000 <INCOME-TAX-EXPENSE> 1,600 800 <OTHER-OPERATING-EXPENSES> 0 0 <TOTAL-OPERATING-EXPENSES> 989,200 939,600 <OPERATING-INCOME-LOSS> 553,100 (620,400) <OTHER-INCOME-NET> 0 0 <INCOME-BEFORE-INTEREST-EXPEN> 553,100 (620,400) <TOTAL-INTEREST-EXPENSE> 36,000 32,200 <NET-INCOME> 590,700 (653,400) <PREFERRED-STOCK-DIVIDENDS> 0 0 <EARNINGS-AVAILABLE-FOR-COMM> 590,700 (653,400) <COMMON-STOCK-DIVIDENDS> 0 0 <TOTAL-INTEREST-ON-BONDS> 0 0 <CASH-FLOW-OPERATIONS> (303,400) (657,200) <EPS-PRIMARY> (.13) (.22) <EPS-DILUTED> (.13) (.22)