WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 2,884,790 <SECURITIES> 1,078,800 <RECEIVABLES> 3,208,678 <ALLOWANCES> 0 <INVENTORY> 5,630,576 <CURRENT-ASSETS> 13,526,229 <PP&E> 1,541,519 <DEPRECIATION> 0 <TOTAL-ASSETS> 15,174,785 <CURRENT-LIABILITIES> 3,136,833 <BONDS> 0 <COMMON> 6,630 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 11,877,708 <TOTAL-LIABILITY-AND-EQUITY> 15,174,785 <SALES> 4,280,167 <TOTAL-REVENUES> 4,280,167 <CGS> 2,118,852 <TOTAL-COSTS> 2,777,622 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> <19,776> <INCOME-PRETAX> <596,531> <INCOME-TAX> 0 <INCOME-CONTINUING> <596,531> <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> <596,531> <EPS-BASIC> <0.10> <EPS-DILUTED> <0.10>