<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1 <CASH> 11,962,904 <SECURITIES> 0 <RECEIVABLES> 580,043 <ALLOWANCES> 0 <INVENTORY> 510,461 <CURRENT-ASSETS> 13,140,233 <PP&E> 354,540 <DEPRECIATION> (154,861) <TOTAL-ASSETS> 21,194,161 <CURRENT-LIABILITIES> 5,277,351 <BONDS> 829,642 <PREFERRED-MANDATORY> 456,250 <PREFERRED> 0 <COMMON> 5,992 <OTHER-SE> 12,908,002 <TOTAL-LIABILITY-AND-EQUITY> 21,194,161 <SALES> 795,850 <TOTAL-REVENUES> 795,850 <CGS> 253,566 <TOTAL-COSTS> 253,566 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 16,105,479 <INCOME-TAX> 7,142,236 <INCOME-CONTINUING> 8,963,243 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,963,243 <EPS-PRIMARY> 1.50 <EPS-DILUTED> 1.50