<ARTICLE>      5
<LEGEND>       THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
               FROM FORM 10-K FOR THE YEAR ENDED JUNE 30, 1996 AND IS QUALIFIED
               IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<MULTIPLIER>   1,000
<PERIOD-TYPE>                       YEAR
<FISCAL-YEAR-END>            JUN-30-1996
<PERIOD-END>                 JUN-30-1996
<CASH>                            11,061
<SECURITIES>                           0
<RECEIVABLES>                          2
<ALLOWANCES>                           0
<INVENTORY>                            0
<CURRENT-ASSETS>                  11,083
<PP&E>                               257
<DEPRECIATION>                       193
<TOTAL-ASSETS>                    12,261
<CURRENT-LIABILITIES>                 79
<BONDS>                                0
<COMMON>                          11,394
<PREFERRED-MANDATORY>                  0
<PREFERRED>                            0
<OTHER-SE>                           788
<TOTAL-LIABILITY-AND-EQUITY>      12,261
<SALES>                               19
<TOTAL-REVENUES>                      19
<CGS>                                 12
<TOTAL-COSTS>                      1,366
<OTHER-EXPENSES>                       0
<LOSS-PROVISION>                       0
<INTEREST-EXPENSE>                    13
<INCOME-PRETAX>                   (1,258)  
<INCOME-TAX>                           0
<INCOME-CONTINUING>               (1,258)
<DISCONTINUED>                         0
<EXTRAORDINARY>                        0
<CHANGES>                              0
<NET-INCOME>                      (1,258)
<EPS-PRIMARY>                       (.51)
<EPS-DILUTED>                       (.51)