<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JUL-01-1995 <PERIOD-END> SEP-30-1995 <CASH> 3,445,529 <SECURITIES> (34,221) <RECEIVABLES> 11,997 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,423,305 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,423,305 <CURRENT-LIABILITIES> 202,423 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 3,220,882 <TOTAL-LIABILITY-AND-EQUITY> 3,423,305 <SALES> 0 <TOTAL-REVENUES> (182,374) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 31,462 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (213,836) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (213,836) <EPS-PRIMARY> (85.88) <EPS-DILUTED> 0