<ARTICLE> 5 <MULTIPLIER> 1000 <CURRENCY> Dollars <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 89 <SECURITIES> 12,711 <RECEIVABLES> 155 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,714 <PP&E> 35 <DEPRECIATION> 0 <TOTAL-ASSETS> 17,052 <CURRENT-LIABILITIES> 142 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 65 <OTHER-SE> 11,050 <TOTAL-LIABILITY-AND-EQUITY> 17,052 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 359 <TOTAL-COSTS> 359 <OTHER-EXPENSES> 2,609 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,060) <INCOME-TAX> (425) <INCOME-CONTINUING> (635) <DISCONTINUED> 239 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (396) <EPS-PRIMARY> (.09) <EPS-DILUTED> (.06)