<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AT MARCH 31, 1997 AND THE RELATED CONSOLIDATED STATEMENTS OF OPERATIONS AND OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 1997 OF STRATFORD AMERICAN CORPORATION AND ITS SUBSIDIARIES AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 1,339,000 <SECURITIES> 0 <RECEIVABLES> 771,000 <ALLOWANCES> 26,000 <INVENTORY> 0 <CURRENT-ASSETS> 2,254,000 <PP&E> 649,000 <DEPRECIATION> 203,000 <TOTAL-ASSETS> 10,625,000 <CURRENT-LIABILITIES> 7,163,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 871,000 <OTHER-SE> (1,307,000) <TOTAL-LIABILITY-AND-EQUITY> 10,625,000 <SALES> 1,000 <TOTAL-REVENUES> 4,416,000 <CGS> 1,000 <TOTAL-COSTS> 3,765,000 <OTHER-EXPENSES> 202,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 231,000 <INCOME-PRETAX> 217,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 217,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 217,000 <EPS-PRIMARY> .00 <EPS-DILUTED> .00