<ARTICLE>                        5
<LEGEND>
This schedule contains summary financial information extracted from Form 10-Q
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
       
                              
<PERIOD-TYPE>                    3-MOS
<FISCAL-YEAR-END>                               JUN-30-1999
<PERIOD-START>                                  OCT-01-1998
<PERIOD-END>                                    DEC-31-1998
<CASH>                                                3,184
<SECURITIES>                                              0
<RECEIVABLES>                                       212,235
<ALLOWANCES>                                              0
<INVENTORY>                                               0
<CURRENT-ASSETS>                                    215,419
<PP&E>                                                1,000
<DEPRECIATION>                                            0
<TOTAL-ASSETS>                                      216,419
<CURRENT-LIABILITIES>                                 9,931
<BONDS>                                                   0
<PREFERRED-MANDATORY>                                     0
<PREFERRED>                                               0
<COMMON>                                            500,000
<OTHER-SE>                                                0
<TOTAL-LIABILITY-AND-EQUITY>                        216,419
<SALES>                                                   0
<TOTAL-REVENUES>                                      5,064
<CGS>                                                     0
<TOTAL-COSTS>                                             0
<OTHER-EXPENSES>                                      2,124
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                                        0
<INCOME-PRETAX>                                       2,940
<INCOME-TAX>                                            800
<INCOME-CONTINUING>                                   2,140
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                           0
<CHANGES>                                                 0
<NET-INCOME>                                          2,140
<EPS-PRIMARY>                                             0
<EPS-DILUTED>                                             0