<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNAUDITED
BALANCE SHEET AT DECEMBER 31, 1998 AND STATEMENT OF OPERATIONS FOR THE THREE
MONTHS ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                       1,798,257
<SECURITIES>                                         0
<RECEIVABLES>                                   17,292
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             1,821,234
<PP&E>                                         166,765
<DEPRECIATION>                                 103,269
<TOTAL-ASSETS>                               2,160,517
<CURRENT-LIABILITIES>                          341,857
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,574,481
<COMMON>                                        26,117
<OTHER-SE>                                    (83,154)
<TOTAL-LIABILITY-AND-EQUITY>                 2,160,517
<SALES>                                              0
<TOTAL-REVENUES>                               642,400
<CGS>                                                0
<TOTAL-COSTS>                                  525,810
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                116,590
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            116,590
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   116,590
<EPS-PRIMARY>                                     0.00
<EPS-DILUTED>                                     0.00