<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> JUN-30-1997 <CASH> 467,721 <SECURITIES> 194,000 <RECEIVABLES> 4,078 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 665,799 <PP&E> 255,974 <DEPRECIATION> 223,796 <TOTAL-ASSETS> 844,035 <CURRENT-LIABILITIES> 24,237 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,632,998 <OTHER-SE> (5,813,200) <TOTAL-LIABILITY-AND-EQUITY> 844,035 <SALES> 0 <TOTAL-REVENUES> 16,847 <CGS> 0 <TOTAL-COSTS> 57,512 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (40,665) <INCOME-TAX> 0 <INCOME-CONTINUING> (40,665) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (40,665) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)