<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON PAGES 3 AND 4 OF THE COMPANY'S FORM 10-Q FOR THE PERIOD ENDING JUNE 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 46,702 <SECURITIES> 19,999 <RECEIVABLES> 1,124 <ALLOWANCES> 0 <INVENTORY> 15,000 <CURRENT-ASSETS> 68,386 <PP&E> 3,481 <DEPRECIATION> (1,453) <TOTAL-ASSETS> 70,718 <CURRENT-LIABILITIES> 3,258 <BONDS> 145 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 112,579 <OTHER-SE> (45,264) <TOTAL-LIABILITY-AND-EQUITY> 70,718 <SALES> 4 <TOTAL-REVENUES> 1,385 <CGS> 4 <TOTAL-COSTS> 10,561 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18 <INCOME-PRETAX> (8,484) <INCOME-TAX> 0 <INCOME-CONTINUING> (8,484) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,484) <EPS-PRIMARY> (0.76) <EPS-DILUTED> (0.76)