<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 7,473 <SECURITIES> 6,891 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 15,086 <PP&E> 6,641 <DEPRECIATION> (6,193) <TOTAL-ASSETS> 15,534 <CURRENT-LIABILITIES> 3,264 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18 <OTHER-SE> 12,252 <TOTAL-LIABILITY-AND-EQUITY> 15,534 <SALES> 0 <TOTAL-REVENUES> 1,973 <CGS> 0 <TOTAL-COSTS> 6,377 <OTHER-EXPENSES> 921 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,338) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,338) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,338) <EPS-PRIMARY> (0.24) <EPS-DILUTED> (0.24)