<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the June 30,
1997 financial statements.
</LEGEND>
       
                                           
<PERIOD-TYPE>                                6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         545,072
<SECURITIES>                                         0
<RECEIVABLES>                                   15,166
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               560,238
<PP&E>                                           2,882
<DEPRECIATION>                                 (2,882)
<TOTAL-ASSETS>                               1,504,238
<CURRENT-LIABILITIES>                            7,640
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,359
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 1,504,238
<SALES>                                              0
<TOTAL-REVENUES>                               263,983
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                46,035
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                254,948
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   254,948
<EPS-PRIMARY>                                     .049
<EPS-DILUTED>                                     .049