<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 1996 AND THE YEAR THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 0 <OTHER-PROPERTY-AND-INVEST> 305,100 <TOTAL-CURRENT-ASSETS> 581,200 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 85,500 <TOTAL-ASSETS> 971,800 <COMMON> 2,800 <CAPITAL-SURPLUS-PAID-IN> 726,600 <RETAINED-EARNINGS> (3,374,100) <TOTAL-COMMON-STOCKHOLDERS-EQ> (2,453,500) <PREFERRED-MANDATORY> 2,302,500 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 0 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 76,800 <LEASES-CURRENT> 100,900 <OTHER-ITEMS-CAPITAL-AND-LIAB> 80,600 <TOT-CAPITALIZATION-AND-LIAB> (12,000) <GROSS-OPERATING-REVENUE> 1,395,900 <INCOME-TAX-EXPENSE> 1,600 <OTHER-OPERATING-EXPENSES> 0 <TOTAL-OPERATING-EXPENSES> 2,708,500 <OPERATING-INCOME-LOSS> (2,145,800) <OTHER-INCOME-NET> 0 <INCOME-BEFORE-INTEREST-EXPEN> (2,145,800) <TOTAL-INTEREST-EXPENSE> 21,500 <NET-INCOME> (2,168,900) <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> (2,283,900) <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (1,656,200) <EPS-PRIMARY> (.62) <EPS-DILUTED> (.62)