<ARTICLE> 5 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> Nov-30-1997 <PERIOD-END> Feb-28-1997 <CASH> 1,964,558 <SECURITIES> 000 <RECEIVABLES> 77,344 <ALLOWANCES> 000 <INVENTORY> 000 <CURRENT-ASSETS> 000 <PP&E> 000 <DEPRECIATION> 000 <TOTAL-ASSETS> 2,076,089 <CURRENT-LIABILITIES> 191,859 <BONDS> 000 <COMMON> 000 <PREFERRED-MANDATORY> 000 <PREFERRED> 000 <OTHER-SE> 1,884,230 <TOTAL-LIABILITY-AND-EQUITY> 2,076,089 <SALES> 000 <TOTAL-REVENUES> 27,767 <CGS> 000 <TOTAL-COSTS> 6,993 <OTHER-EXPENSES> 45,901 <LOSS-PROVISION> 000 <INTEREST-EXPENSE> 000 <INCOME-PRETAX> (25,127) <INCOME-TAX> 000 <INCOME-CONTINUING> (25,127) <DISCONTINUED> 000 <EXTRAORDINARY> 000 <CHANGES> 000 <NET-INCOME> (25,127) <EPS-PRIMARY> (.50) <EPS-DILUTED> (.50)