<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-27-1997 <CASH> 4,758,753 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,955,147 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 4,965,893 <CURRENT-LIABILITIES> 1,194,421 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,662 <OTHER-SE> 3,764,810 <TOTAL-LIABILITY-AND-EQUITY> 4,965,893 <SALES> 0 <TOTAL-REVENUES> 176,470 <CGS> 0 <TOTAL-COSTS> 1,203,441 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,026,971) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,026,971) <DISCONTINUED> 1,058,752 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 31,781 <EPS-PRIMARY> .05 <EPS-DILUTED> .05