<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED JANUARY 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-START> NOV-01-1998 <PERIOD-END> JAN-31-1999 <CASH> 814,279 <SECURITIES> 0 <RECEIVABLES> 169,544 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 983,823 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,193,521 <CURRENT-LIABILITIES> 804,938 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,338,280 <OTHER-SE> (2,976,892) <TOTAL-LIABILITY-AND-EQUITY> 1,193,521 <SALES> 0 <TOTAL-REVENUES> 144,560 <CGS> 0 <TOTAL-COSTS> 276,205 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (131,645) <INCOME-TAX> 0 <INCOME-CONTINUING> (131,645) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (131,645) <EPS-PRIMARY> (0.01) <EPS-DILUTED> (0.01)