<ARTICLE>                     5
<RESTATED>
<CURRENCY>                                     U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   2-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 NOV-30-1997
<PERIOD-END>                                   DEC-31-1997
<EXCHANGE-RATE>                                1
<CASH>                                         9,118,000
<SECURITIES>                                   112,000
<RECEIVABLES>                                  1,723,000
<ALLOWANCES>                                   (140,000)
<INVENTORY>                                    0
<CURRENT-ASSETS>                               11,231,000
<PP&E>                                          8,011,000
<DEPRECIATION>                                (3,665,000)
<TOTAL-ASSETS>                                 24,413,000
<CURRENT-LIABILITIES>                          5,151,000
<BONDS>                                        15,500,000
<PREFERRED-MANDATORY>                          6,155,000
<PREFERRED>                                    0
<COMMON>                                       8,274,000
<OTHER-SE>                                    (14,328,000)
<TOTAL-LIABILITY-AND-EQUITY>                   24,413,000
<SALES>                                        181,000
<TOTAL-REVENUES>                               181,000
<CGS>                                          1,457,000
<TOTAL-COSTS>                                  3,698,000
<OTHER-EXPENSES>                              (115,000)
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             312,000
<INCOME-PRETAX>                               (3,714,000)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                           (3,714,000)
<DISCONTINUED>                                (222,000)
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                  (3,936,000)
<EPS-PRIMARY>                                 (.48)
<EPS-DILUTED>                                 (.48)