<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR QUARTER ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 600 <SECURITIES> 4,135 <RECEIVABLES> 2,524<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,348 <PP&E> 2,354<F1> <DEPRECIATION> 0 <TOTAL-ASSETS> 13,964 <CURRENT-LIABILITIES> 3,514 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9 <OTHER-SE> 10,441 <TOTAL-LIABILITY-AND-EQUITY> 13,964 <SALES> 1,910 <TOTAL-REVENUES> 7,488 <CGS> 198 <TOTAL-COSTS> 3,387 <OTHER-EXPENSES> 5,196 <LOSS-PROVISION> 213 <INTEREST-EXPENSE> 40 <INCOME-PRETAX> (1,043) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,043) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,043) <EPS-PRIMARY> (.21) <EPS-DILUTED> (.21) <FN> <F1>A/R AND PPE ASSET VALUES REPRESENT NET AMOUNTS </FN>