<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS AND RELATED NOTES FOR THE YEAR ENDED OCTOBER 31, 1996 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               OCT-31-1996
<CASH>                                       5,736,650
<SECURITIES>                                23,934,136
<RECEIVABLES>                                1,487,209
<ALLOWANCES>                                    21,400
<INVENTORY>                                  1,972,728
<CURRENT-ASSETS>                            24,767,734
<PP&E>                                       2,237,262
<DEPRECIATION>                                 867,006
<TOTAL-ASSETS>                              37,881,279
<CURRENT-LIABILITIES>                        2,660,744
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        94,849
<OTHER-SE>                                  35,125,686
<TOTAL-LIABILITY-AND-EQUITY>                37,881,279
<SALES>                                     10,124,709
<TOTAL-REVENUES>                            10,124,709
<CGS>                                        3,443,098
<TOTAL-COSTS>                                6,110,598
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,732,501
<INCOME-TAX>                                   514,000
<INCOME-CONTINUING>                          1,218,501
<DISCONTINUED>                             (2,396,142)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,177,641)
<EPS-PRIMARY>                                    (.12)
<EPS-DILUTED>                                        0