<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 902,886 <SECURITIES> 3,843,264 <RECEIVABLES> 691,685 <ALLOWANCES> (22,500) <INVENTORY> 887,512 <CURRENT-ASSETS> 5,415,335 <PP&E> 0 <DEPRECIATION> 83,511 <TOTAL-ASSETS> 7,678,720 <CURRENT-LIABILITIES> 401,051 <BONDS> 0 <PREFERRED-MANDATORY> 1,000 <PREFERRED> 0 <COMMON> 12,913 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 7,678,720 <SALES> 820,863 <TOTAL-REVENUES> 978,202 <CGS> 1,859,780 <TOTAL-COSTS> 1,930,538 <OTHER-EXPENSES> 378,542<F1> <LOSS-PROVISION> 53,279 <INTEREST-EXPENSE> 156,475 <INCOME-PRETAX> (1,275,353) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,487,853) <EPS-PRIMARY> ($.16) <EPS-DILUTED> ($.15) <FN> <F1>Other expense is 212,500 dividend on Preferred Stock and 166,042 legal expense. </FN>