<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,426,387 <SECURITIES> 0 <RECEIVABLES> 291,076 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,808,504 <PP&E> 213,852 <DEPRECIATION> 30,614 <TOTAL-ASSETS> 2,038,239 <CURRENT-LIABILITIES> 264,627 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 42,729 <OTHER-SE> 1,730,883 <TOTAL-LIABILITY-AND-EQUITY> 1,773,612 <SALES> 0 <TOTAL-REVENUES> 320,062 <CGS> 0 <TOTAL-COSTS> 1,187,648 <OTHER-EXPENSES> (49,916) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (817,670) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (817,670) <EPS-PRIMARY> (0.19) <EPS-DILUTED> (0.19)