<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AT MARCH 31, 1996 (UNAUDITED) AND THE STATEMENT OF OPERATIONS FOR THE PERIOD MARCH 29, 1996 (COMMENCEMENT OF OPERATIONS) TO MARCH 31, 1996 (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS INCLUDED AS PART OF ITS REPORT ON FORM 10-Q FOR THE PERIOD MARCH 29, 1996 (COMMENCEMENT OF OPERATIONS) TO MARCH 31, 1996. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 2,374,560 <SECURITIES> 0 <RECEIVABLES> 6,944 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,381,504 <PP&E> 3,858,720 <DEPRECIATION> 18,758 <TOTAL-ASSETS> 6,340,194 <CURRENT-LIABILITIES> 4,219,128 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,121,066 <TOTAL-LIABILITY-AND-EQUITY> 6,340,194 <SALES> 0 <TOTAL-REVENUES> 1,910 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (16,848) <EPS-PRIMARY> 0 <EPS-DILUTED> 0