<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 577 <SECURITIES> 15,446 <RECEIVABLES> 2,518 <ALLOWANCES> 0 <INVENTORY> 1,054 <CURRENT-ASSETS> 4,863 <PP&E> 10,530 <DEPRECIATION> 7,268 <TOTAL-ASSETS> 23,613 <CURRENT-LIABILITIES> 2,208 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 96 <OTHER-SE> 21,308 <TOTAL-LIABILITY-AND-EQUITY> 23,613 <SALES> 1,878 <TOTAL-REVENUES> 7,174 <CGS> 2,161 <TOTAL-COSTS> 7,508 <OTHER-EXPENSES> 10,527 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (10,422) <INCOME-TAX> 0 <INCOME-CONTINUING> (10,422) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,422) <EPS-PRIMARY> (1.09) <EPS-DILUTED> 0