<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FIANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS DATED AS OF MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 22,696,156 <SECURITIES> 0 <RECEIVABLES> 6,519,250 <ALLOWANCES> 69,282 <INVENTORY> 3,770,119 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 32,916,243 <CURRENT-LIABILITIES> 496,922 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 32,419,321 <TOTAL-LIABILITY-AND-EQUITY> 32,916,243 <SALES> 0 <TOTAL-REVENUES> 710,078 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 442,320 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 267,758 <INCOME-TAX> 0 <INCOME-CONTINUING> 267,758 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 267,758 <EPS-PRIMARY> .02 <EPS-DILUTED> 0