<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 1,808,614 <SECURITIES> 0 <RECEIVABLES> 799,500 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,955,656 <PP&E> 291,125 <DEPRECIATION> 84,286 <TOTAL-ASSETS> 6,314,021 <CURRENT-LIABILITIES> 923,708 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,496,595 <OTHER-SE> (667,639) <TOTAL-LIABILITY-AND-EQUITY> 6,314,021 <SALES> 0 <TOTAL-REVENUES> 311,886 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,264,166) <INCOME-TAX> (167,767) <INCOME-CONTINUING> (1,096,399) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,096,399) <EPS-PRIMARY> (0.53) <EPS-DILUTED> (0.53)