WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


[DESCRIPTION]  ARTICLE 5 FDS FOR 2ND QUARTER 10-QSB
<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-END>                               DEC-31-1994
<CASH>                                           1,226
<SECURITIES>                                     3,623
<RECEIVABLES>                                      533
<ALLOWANCES>                                         0
<INVENTORY>                                        109
<CURRENT-ASSETS>                                 6,143
<PP&E>                                             105
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                   6,278
<CURRENT-LIABILITIES>                            3,533
<BONDS>                                          5,427
<COMMON>                                           100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     (2,782)
<TOTAL-LIABILITY-AND-EQUITY>                     6,278
<SALES>                                            606
<TOTAL-REVENUES>                                   856
<CGS>                                              398
<TOTAL-COSTS>                                      601
<OTHER-EXPENSES>                                    82
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 181
<INCOME-PRETAX>                                (2,109)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (2,109)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                        (271)
<NET-INCOME>                                   (2,380)
<EPS-PRIMARY>                                    (.35)
<EPS-DILUTED>                                    (.35)