<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 10,799,000 <SECURITIES> 0 <RECEIVABLES> 1,400,000 <ALLOWANCES> 0 <INVENTORY> 1,918,000 <CURRENT-ASSETS> 14,467,000 <PP&E> 37,244,000 <DEPRECIATION> (7,028,000) <TOTAL-ASSETS> 45,246,000 <CURRENT-LIABILITIES> 3,462,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 54,583 <OTHER-SE> 39,304,420 <TOTAL-LIABILITY-AND-EQUITY> 45,246,000 <SALES> 1,106,000 <TOTAL-REVENUES> 1,141,000 <CGS> 1,105,000 <TOTAL-COSTS> 1,600,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (204,000) <INCOME-PRETAX> (227,000) <INCOME-TAX> 88,000 <INCOME-CONTINUING> (139,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (139,000) <EPS-PRIMARY> (.03) <EPS-DILUTED> (.03)