<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED BALANCE SHEETS AND CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS CONTAINED IN THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THE NOTE THERETO </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 53,105 <SECURITIES> 22,971 <RECEIVABLES> 3,611 <ALLOWANCES> 0 <INVENTORY> 1,729 <CURRENT-ASSETS> 84,360 <PP&E> 25,803 <DEPRECIATION> 7,882 <TOTAL-ASSETS> 103,294 <CURRENT-LIABILITIES> 9,052 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 26,586 <COMMON> 142,426 <OTHER-SE> (82,558) <TOTAL-LIABILITY-AND-EQUITY> 103,294 <SALES> 1,505 <TOTAL-REVENUES> 19,907 <CGS> 1,384 <TOTAL-COSTS> 1,134 <OTHER-EXPENSES> 19,011 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 354 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,147) <EPS-PRIMARY> (0.38) <EPS-DILUTED> 0