<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 5,022 <SECURITIES> 0 <RECEIVABLES> 110 <ALLOWANCES> 77 <INVENTORY> 0 <CURRENT-ASSETS> 98 <PP&E> 9,590 <DEPRECIATION> 0 <TOTAL-ASSETS> 14,743 <CURRENT-LIABILITIES> 5,615 <BONDS> 5,514 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,137 <OTHER-SE> (1,523) <TOTAL-LIABILITY-AND-EQUITY> 14,743 <SALES> 0 <TOTAL-REVENUES> 752 <CGS> 0 <TOTAL-COSTS> 244 <OTHER-EXPENSES> 210 <LOSS-PROVISION> (54) <INTEREST-EXPENSE> 115 <INCOME-PRETAX> 237 <INCOME-TAX> 208 <INCOME-CONTINUING> 29 <DISCONTINUED> 0 <EXTRAORDINARY> 373 <CHANGES> 0 <NET-INCOME> 402 <EPS-PRIMARY> .08 <EPS-DILUTED> .08