<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-28-1998 <CASH> 84,744 <SECURITIES> 2,813,545 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,898,289 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 4,709,035 <CURRENT-LIABILITIES> 969,693 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,662 <OTHER-SE> 3,732,680 <TOTAL-LIABILITY-AND-EQUITY> 4,709,035 <SALES> 0 <TOTAL-REVENUES> 53,141 <CGS> 0 <TOTAL-COSTS> 136,652 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (83,511) <INCOME-TAX> 2,053 <INCOME-CONTINUING> (83,511) <DISCONTINUED> 14,612 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (68,898) <EPS-PRIMARY> (0.10) <EPS-DILUTED> (0.10)