<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN THE COMPANY'S FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1998 <PERIOD-START> AUG-01-1998 <PERIOD-END> OCT-31-1998 <CASH> 406,671 <SECURITIES> 0 <RECEIVABLES> 1,150 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 409,821 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 409,821 <CURRENT-LIABILITIES> 4,450 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,100,000 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 409,821 <SALES> 0 <TOTAL-REVENUES> 5,039 <CGS> 0 <TOTAL-COSTS> 1,823 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,216 <EPS-PRIMARY> 0 <EPS-DILUTED> 0