<ARTICLE> 5
<LEGEND>
THE FOLLOWING INFORMATION HAS BEEN EXTRACTED FROM THE FINANCIAL STATEMENTS
FILED IN ITEM 1 TO THE COMPANY'S FORM 10-Q FOR THE QUARTER ENDED
SEPTEMBER 30, 1997.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                           1,108
<SECURITIES>                                    12,301
<RECEIVABLES>                                      346
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                40,161<F1>
<PP&E>                                           7,585
<DEPRECIATION>                                   2,580
<TOTAL-ASSETS>                                  50,627
<CURRENT-LIABILITIES>                            1,671
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            73
<OTHER-SE>                                      47,710
<TOTAL-LIABILITY-AND-EQUITY>                    50,627
<SALES>                                              0
<TOTAL-REVENUES>                                 2,158
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 3,080<F2>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 153
<INCOME-PRETAX>                                (4,886)<F3>
<INCOME-TAX>                                     3,100
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (1,786)
<EPS-PRIMARY>                                    (.54)
<EPS-DILUTED>                                    (.54)
<FN>
<F1>INCLUDES ASSETS HELD-FOR-SALE OF $25,757.
<F2>INCLUDES CO-OWNERSHIP PROGRAM OF $2,698 AND DEPRECIATION OF $382.
<F3>INCLUDES EQUITY IN LOSS OF AFFILIATE OF $301.
</FN>