<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FIRST NATIONAL ENTERTAINMENT CORP'S. BALANCE SHEET AT JUNE 30, 1998 AND STATEMENTS OF OPERATIONS FOR SIX MONTHS ENDED JUNE 30, 1998. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 184,496 <SECURITIES> 0 <RECEIVABLES> 3,695,665 <ALLOWANCES> 55,000 <INVENTORY> 161,333 <CURRENT-ASSETS> 35,654 <PP&E> 84,539 <DEPRECIATION> 11,288 <TOTAL-ASSETS> 5,000,943 <CURRENT-LIABILITIES> 2,722,503 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 93,365 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 5,000,943 <SALES> 0 <TOTAL-REVENUES> 740,071 <CGS> 122,426 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 431,907 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 33,017 <INCOME-PRETAX> 152,721 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 152,721 <EPS-PRIMARY> .01 <EPS-DILUTED> (.01)