<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-START>                              OCT-1-1994
<PERIOD-END>                               SEP-30-1995
<CASH>                                       2,794,000
<SECURITIES>                                 4,963,000
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             7,921,000
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               7,921,000
<CURRENT-LIABILITIES>                          375,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        49,000
<OTHER-SE>                                  13,316,000
<TOTAL-LIABILITY-AND-EQUITY>                 7,921,000
<SALES>                                              0
<TOTAL-REVENUES>                             (241,000)
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (366,000)
<INCOME-TAX>                                  (14,000)
<INCOME-CONTINUING>                          (352,000)
<DISCONTINUED>                               (751,000)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,103,000)
<EPS-PRIMARY>                                    (.23)
<EPS-DILUTED>                                    (.23)