<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SPECTRANETICS CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS AS FOUND ON PAGES F-2 AND F-3 OF THE COMPANY'S FORM 10-K FORM 10-K FOR THE PERIODS ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 2,860 <SECURITIES> 4,290 <RECEIVABLES> 3,651 <ALLOWANCES> 0 <INVENTORY> 1,628 <CURRENT-ASSETS> 12,825 <PP&E> 9,624 <DEPRECIATION> 6,138 <TOTAL-ASSETS> 23,039 <CURRENT-LIABILITIES> 4,038 <BONDS> 465 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 19 <OTHER-SE> 18,491 <TOTAL-LIABILITY-AND-EQUITY> 23,039 <SALES> 20,679 <TOTAL-REVENUES> 20,679 <CGS> 10,418 <TOTAL-COSTS> 10,418 <OTHER-EXPENSES> 11,997 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 44 <INCOME-PRETAX> (1,367) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,367) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,367) <EPS-PRIMARY> (.07) <EPS-DILUTED> (.07)