WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 1,428,095 <SECURITIES> 5,591,272 <RECEIVABLES> 1,626,756 <ALLOWANCES> 0 <INVENTORY> 4,674,082 <CURRENT-ASSETS> 14,017,269<F1> <PP&E> 1,247,933 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,465,763 <CURRENT-LIABILITIES> 2,982,609 <BONDS> 0 <COMMON> 5,566 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 12,332,356<F2> <TOTAL-LIABILITY-AND-EQUITY> 15,465,763 <SALES> 18,237,149 <TOTAL-REVENUES> 18,237,149 <CGS> 8,841,122 <TOTAL-COSTS> 11,231,719 <OTHER-EXPENSES> 487,723 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,347,969) <INCOME-TAX> 49,943 <INCOME-CONTINUING> (1,397,912) <EPS-PRIMARY> (0.25) <EPS-DILUTED> (0.25) <FN> <F1> Includes Currents Assets $13,320,205; Prepaid expenses and other current assets $697,064. <F2> Includes Paid in Capital $13,719,069; Accumulated Deficit $<1,157,213>; and deferred compensation $<229,500>. </FN>