<ARTICLE>                     5
<LEGEND>
   This schedule contains summary financial information extracted from the 
unaudited financial statements
for the three months ended June 30, 1997 and is qualified in its entirety by 
reference to such financial
statements.
</LEGEND>
<CIK>     0000904144
<NAME>  EMERGING BETA CORPORATION
<MULTIPLIER>           1
<CURRENCY>         US dollars
       
                                                       
<PERIOD-TYPE>           3-MOS                              
<FISCAL-YEAR-END>                                           Mar-31-1999                             
<PERIOD-START>                                              Apr-01-1998                              
<PERIOD-END>                                                Jun-30-1998                              
<EXCHANGE-RATE>                  1
<CASH>                                                        283,989
<SECURITIES>                                                  0
<RECEIVABLES>                                                 1,085
<ALLOWANCES>                                                  0
<INVENTORY>                                                   0
<CURRENT-ASSETS>                                              285,074
<PP&E>                                                        0
<DEPRECIATION>                                                0
<TOTAL-ASSETS>                                                296,041
<CURRENT-LIABILITIES>                                         0
<BONDS>                                                       0
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                                   0
<COMMON>                                                      43,600
<OTHER-SE>                                                    250,801
<TOTAL-LIABILITY-AND-EQUITY>                                  296,041
<SALES>                                                       0
<TOTAL-REVENUES>                                              3,665
<CGS>                                                         0
<TOTAL-COSTS>                                                 0
<OTHER-EXPENSES>                                               3,655
<LOSS-PROVISION>                                              0
<INTEREST-EXPENSE>                                            0
<INCOME-PRETAX>                                            (10)
<INCOME-TAX>                                                  0
<INCOME-CONTINUING>                                           0
<DISCONTINUED>                                                  0
<EXTRAORDINARY>                                                 0
<CHANGES>                                                       0
<NET-INCOME>                                                  (10)
<EPS-PRIMARY>                                                .00
<EPS-DILUTED>                                                .00