<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> Dec-31-1995 <PERIOD-END> Dec-31-1995 <CASH> 20,400 <SECURITIES> 6,005 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 29,480 <PP&E> 28,418 <DEPRECIATION> 22,237 <TOTAL-ASSETS> 40,878 <CURRENT-LIABILITIES> 6,350 <BONDS> 7,692 <COMMON> 14 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 26,822 <TOTAL-LIABILITY-AND-EQUITY> 40,878 <SALES> 1 <TOTAL-REVENUES> 1,165 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 27,469 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 119 <INCOME-PRETAX> (22,472) <INCOME-TAX> 0 <INCOME-CONTINUING> (22,472) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (22,472) <EPS-PRIMARY> (0.95) <EPS-DILUTED> (0.95)