<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED
STATEMENTS OF OPERATIONS AND CONSOLIDATED BALANCE SHEETS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                           9,701
<SECURITIES>                                     1,320
<RECEIVABLES>                                      208
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                11,254
<PP&E>                                              12
<DEPRECIATION>                                     (1)
<TOTAL-ASSETS>                                  13,563
<CURRENT-LIABILITIES>                            2,908
<BONDS>                                              0
<PREFERRED-MANDATORY>                            2,250
<PREFERRED>                                          0
<COMMON>                                            13
<OTHER-SE>                                       8,392
<TOTAL-LIABILITY-AND-EQUITY>                    13,563
<SALES>                                              0
<TOTAL-REVENUES>                                   383
<CGS>                                                0
<TOTAL-COSTS>                                      403
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                   (20)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (20)
<DISCONTINUED>                                    (48)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (68)
<EPS-PRIMARY>                                    (.16)
<EPS-DILUTED>                                    (.16)