<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,851 <SECURITIES> 40,168 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 14,595 <CURRENT-ASSETS> 59,090 <PP&E> 216,854 <DEPRECIATION> 41,213 <TOTAL-ASSETS> 238,006 <CURRENT-LIABILITIES> 11,776 <BONDS> 1,600 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 201 <OTHER-SE> 145,003 <TOTAL-LIABILITY-AND-EQUITY> 238,006 <SALES> 42,932 <TOTAL-REVENUES> 42,932 <CGS> 38,366 <TOTAL-COSTS> 45,804 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,063 <INCOME-PRETAX> (2,372) <INCOME-TAX> 911 <INCOME-CONTINUING> (1,461) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 13,861 <NET-INCOME> 12,400 <EPS-PRIMARY> (.07) <EPS-DILUTED> (.07)