<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> SEP-30-1995 <CASH> 20,916,136 <SECURITIES> 0 <RECEIVABLES> 6,240,832 <ALLOWANCES> 106,405 <INVENTORY> 4,991,918 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 32,042,481 <CURRENT-LIABILITIES> 457,253 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 31,585,228 <TOTAL-LIABILITY-AND-EQUITY> 32,042,481 <SALES> 0 <TOTAL-REVENUES> 499,872 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 529,536 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (29,664) <INCOME-TAX> 0 <INCOME-CONTINUING> (29,664) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,664) <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00