WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM VIALOG CORPORATION FINANCIAL STATEMENTS FOR THE YEAR END DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1997 <PERIOD-START> JAN-01-1996 JAN-01-1997 <PERIOD-END> SEP-30-1996 SEP-30-1997 <CASH> 337 76 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 727 162 <PP&E> 7 30 <DEPRECIATION> 0 (5) <TOTAL-ASSETS> 1,263 996 <CURRENT-LIABILITIES> 976 4,586 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 28 28 <OTHER-SE> 259 (3,618) <TOTAL-LIABILITY-AND-EQUITY> 1,263 996 <SALES> 0 0 <TOTAL-REVENUES> 0 0 <CGS> 0 0 <TOTAL-COSTS> 1,308 3,898 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> (1) 110 <INCOME-PRETAX> (1,307) (4,008) <INCOME-TAX> 522 0 <INCOME-CONTINUING> (785) (4,008) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (785) (4,008) <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0