<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS YEAR <FISCAL-YEAR-END> MAR-31-1998 SEP-30-1997 <PERIOD-START> JAN-01-1998 OCT-01-1996 <PERIOD-END> MAR-31-1998 SEP-30-1997 <CASH> 0 0 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 0 0 <DEPRECIATION> 64,304 910 <TOTAL-ASSETS> 3,020,103 2,659,944 <CURRENT-LIABILITIES> 1,313,701 886,023 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 0 0 <SALES> 0 0 <TOTAL-REVENUES> 3,020,103 2,659,944 <CGS> 358,872 673,660 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> (460,200) (2,455,946) <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> 0 0 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 0 0 <EPS-PRIMARY> (.25) (1.52) <EPS-DILUTED> 0 0