<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE STATEMENTS FOR THE NINE MONTHS
ENDED DECEMBER 31, 1997 AND AS OF DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>         0000904147
<NAME>EMERGING ALPHA CORPORATION
<MULTIPLIER>                                                             1
<CURRENCY>                                                            US dollars
       
                                                                           
<PERIOD-TYPE>                                                                 9-MOS
<FISCAL-YEAR-END>                                                             Mar-31-1998
<PERIOD-START>                                                                Oct-01-1997
<PERIOD-END>                                                                  Dec-31-1997
<EXCHANGE-RATE>                                                               1
<CASH>                                                                        288,617
<SECURITIES>                                                                  0
<RECEIVABLES>                                                                 90
<ALLOWANCES>                                                                  0
<INVENTORY>                                                                   0
<CURRENT-ASSETS>                                                              288,707
<PP&E>                                                                        0
<DEPRECIATION>                                                                0
<TOTAL-ASSETS>                                                                289,057
<CURRENT-LIABILITIES>                                                              0
<BONDS>                                                                       0
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
<COMMON>                                                                      43,600
<OTHER-SE>                                                                    245,457
<TOTAL-LIABILITY-AND-EQUITY>                                                  289,057
<SALES>                                                                       0
<TOTAL-REVENUES>                                                              12,081
<CGS>                                                                         0
<TOTAL-COSTS>                                                                 9,836
<OTHER-EXPENSES>                                                              0
<LOSS-PROVISION>                                                              0
<INTEREST-EXPENSE>                                                            0
<INCOME-PRETAX>                                                               2,245
<INCOME-TAX>                                                                  0
<INCOME-CONTINUING>                                                           2,245
<DISCONTINUED>                                                                0
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                                  2,245
<EPS-PRIMARY>                                                                 .05
<EPS-DILUTED>                                                                 .05